WEBVTT - WATCH: Trump Melts Down After Being Called "Chicken"

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<v Speaker 1>It is Thursday, May twenty ninth.

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<v Speaker 2>This is the warning Taco Trump always chickens out. That's

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<v Speaker 2>the new faith that Wall Street traders bet billions and

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<v Speaker 2>billions of dollars on. They look for patterns that are

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<v Speaker 2>predictable for the edge, to know what's going to happen next,

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<v Speaker 2>so in a split second they can place the bet

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<v Speaker 2>and take the profit. And the one enduring absolute when

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<v Speaker 2>it comes to Donald Trump and his regime is their

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<v Speaker 2>talent in that great American colloquial expression for chickening.

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<v Speaker 1>Out buck buck buck goes.

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<v Speaker 2>The chicken now a tasty bird, for sure, but a

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<v Speaker 2>dirty bird and a contemptible one compared to the mighty

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<v Speaker 2>eagle that Donald Trump is trying to clip the wings

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<v Speaker 2>of with his orf corruption and incompetence, and his imposition

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<v Speaker 2>of surrender and weakness on the American government, and crises

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<v Speaker 2>after crises of his own making, born from his stupidity,

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<v Speaker 2>from his idiocy, from his ignorance. And so it came

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<v Speaker 2>to be that in the White House we saw the

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<v Speaker 2>best of what journalism is supposed to be when a

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<v Speaker 2>young reporter fearlessly from CNBC asked Donald Trump to respond

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<v Speaker 2>to his legend to his reputation on Wall Street, amongst

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<v Speaker 2>the traders, amongst the tough guys from the movies like

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<v Speaker 2>Wall Street, where Trump looked at himself in the mirror

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<v Speaker 2>so long ago and saw a version of Gordon Gecko.

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<v Speaker 2>Those guys know the truth about Donald Trump, and they

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<v Speaker 2>bet billions on it.

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<v Speaker 1>Trump always checked out.

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<v Speaker 2>Now Trump doesn't understand the question at first.

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<v Speaker 1>Let's watch, mister president. Wallster analysts have coined a new

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<v Speaker 1>term called the taco trade. They're saying, Trump always chickens

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<v Speaker 1>out on the.

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<v Speaker 3>Tariff threats, and that's why markets are hired this week.

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<v Speaker 1>What's your response to that?

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<v Speaker 3>I kick out, kick it out. Oh, then I check

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<v Speaker 3>it out. I've never heard that. You mean, because I

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<v Speaker 3>reduced China from one hundred and forty five percent that

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<v Speaker 3>I set down to one hundred and then down to

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<v Speaker 3>another number, and I said, you have to open up

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<v Speaker 3>your whole country, And because I gave the European Union

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<v Speaker 3>a fifty percent tax uh tariff. And they called up

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<v Speaker 3>and they said, please, let's meet right now, Please, let's

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<v Speaker 3>meet right now. And I said, okay, I'll give you

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<v Speaker 3>till Jan nine. I actually asked them, I said, what's

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<v Speaker 3>the date, because they weren't willing to meet, and after

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<v Speaker 3>I did what I did, they said, we'll meet any

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<v Speaker 3>time you want, and we have an end date of

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<v Speaker 3>July ninth. You called that chickening out. Don't ever say

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<v Speaker 3>what you said. That's a nasty question.

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<v Speaker 2>Nasty question, but it's true. The Trump shuffle, there is

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<v Speaker 2>always the boast, the declaration I alone can fix it.

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<v Speaker 2>Remember that one he would end the Russian and Ukraine

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<v Speaker 2>War caused by Russian aggression.

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<v Speaker 1>And what was it twenty four hours.

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<v Speaker 3>This isn't my war. This is Biden's war, Zelenski's war

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<v Speaker 3>and Putin's war. This isn't Trump's war.

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<v Speaker 2>His weakness and his breaking of the Atlantic Alliance has

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<v Speaker 2>incited Vladimir Putin's aggression. Vladimir Putin is doubling down. Donald

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<v Speaker 2>Trump has made Putin strong again by making the opposition

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<v Speaker 2>Putin faces weaker. By dividing the Atlantic Alliance, Donald Trump

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<v Speaker 2>has set a signaled of Vladimir Putin that if Putin pushes,

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<v Speaker 2>he's pushing into a marshmallow, that Trump will chicken out

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<v Speaker 2>and turn around. Let's look again and to what Trump

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<v Speaker 2>told the reporters in the Oval office about the Chinese tariffs.

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<v Speaker 3>It's called negotiation. You set a number, and if you

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<v Speaker 3>go down, you know, if ICE set a number at

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<v Speaker 3>a ridiculous high number and I go down a little bit,

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<v Speaker 3>you know, a little bit. They want me to hold

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<v Speaker 3>that number, one hundred and forty five percent tariff even.

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<v Speaker 3>I said, man, that really got up. You know how

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<v Speaker 3>it got because of fent and all and many other things,

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<v Speaker 3>and you edit it up. I said, where are we now?

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<v Speaker 3>We're at one hundred and forty five percent? I said, whoa,

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<v Speaker 3>that's hi. That's why they were doing no business whatsoever.

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<v Speaker 3>And they were having a lot of problems. We were

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<v Speaker 3>very nice to China.

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<v Speaker 2>It was started by his unilateral declaration and then his

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<v Speaker 2>unilateral retreat. He started the war for the purposes of retreating.

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<v Speaker 2>It was an act of aggression before a premeditated surrender

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<v Speaker 2>that was always in the cards. Trump talks about holding

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<v Speaker 2>all the cards. Everybody knows what's in his cards. He

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<v Speaker 2>makes ludicrous statements that he can't deliver on.

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<v Speaker 3>That is a war that's dying to be settled. I

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<v Speaker 3>will get it settled before I even become president.

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<v Speaker 1>Rushing great day, reising on. Where did they see right now? Well,

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<v Speaker 1>there's only half a day.

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<v Speaker 3>I have another half a day left.

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<v Speaker 2>Trump's only feared in the Republican conference, and amongst the

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<v Speaker 2>appeasing schumercrats, he's laughed at everywhere else in the world.

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<v Speaker 1>Then Trump backs.

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<v Speaker 2>Down over again and over again, and over and over

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<v Speaker 2>and over again.

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<v Speaker 1>And do you still believe that Putin actually wants to

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<v Speaker 1>end the war?

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<v Speaker 3>I can't tell you that, but I'll let you know

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<v Speaker 3>in about two weeks. Within two weeks, we're going to

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<v Speaker 3>find out very soon, we're going to find out whether

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<v Speaker 3>or not he's tapping us along or not. And if

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<v Speaker 3>he is, we'll respond a little bit differently.

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<v Speaker 2>And then he says that he's strong and the golden

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<v Speaker 2>ages here in America is great, when in fact, the

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<v Speaker 2>bill for his wrecked economy hasn't even started yet to

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<v Speaker 2>come due, but it will. Prices are rising, inflation is rising,

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<v Speaker 2>jobs are going to be cut, the real estate market

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<v Speaker 2>is collapsing. Trump has injected uncertainty while turning in the

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<v Speaker 2>country fear up with mass goons that have been sent

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<v Speaker 2>across the country by orders of his henchmen. Donald Trump

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<v Speaker 2>is an agent of chaos and fear. That's certainly true.

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<v Speaker 2>But he's weak and he's corrupt. He's a world class demagogue.

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<v Speaker 2>That doesn't change the fact that he's ignorant. He is

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<v Speaker 2>talented at a connection when it comes to selling grievance,

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<v Speaker 2>but incompetent at achieving results, and it's always been that way.

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<v Speaker 2>His takeaway from his first term was that being nice

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<v Speaker 2>to Trump means telling Trump that he's a genius at

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<v Speaker 2>all moments, every time anything is ever put in front

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<v Speaker 2>of him. Trump knows best, and he has assembled a

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<v Speaker 2>team of yes men and extremists and incompetence with disorders

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<v Speaker 2>and derangements. From Christy Noan and Steven Miller to Howard Lutneck.

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<v Speaker 2>All of these people are a wrecking ball riding it

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<v Speaker 2>into our institutions. But Donald Trump is weak and vacillating.

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<v Speaker 2>He wobbles, he cannot hold firm, and he will always

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<v Speaker 2>blink first, always back down. It is the most predictable

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<v Speaker 2>bet and pattern in the world. The American people delivered

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<v Speaker 2>this office to Donald Trump with forty nine point five

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<v Speaker 2>percent of the vote, about thirty two percent of the

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<v Speaker 2>eligible population, and difference will have a catastrophic price. But

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<v Speaker 2>nobody should be afraid of a man so laughed at

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<v Speaker 2>around the world. He's not feared outside of America. He's

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<v Speaker 2>a figure of mockery, in disdain anxiety, for sure. But

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<v Speaker 2>we could lower the anxiety of the world by facing

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<v Speaker 2>the problem that we allowed to fester and create here

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<v Speaker 2>at home, and deal with this in the election in

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<v Speaker 2>twenty twenty six and wipe from power the capitulent, compliant,

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<v Speaker 2>rubber stamp Congress that has allowed this disgrace to go

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<v Speaker 2>on and on and on, and to allow the catastrophe

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<v Speaker 2>that is unfurling to unferral. Better days are head. Stronger

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<v Speaker 2>men are ahead, Stronger women are ahead. Donald Trump Taco

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<v Speaker 2>Trump always chickens out, just like his power Elon Musk,

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<v Speaker 2>currently crying and in hiding because the American people have

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<v Speaker 2>disavowed him and hold him into contempt. He deserves just

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<v Speaker 2>like they will Trump and all of his henchmen as

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<v Speaker 2>history on ferrals as a surely will all of these people,

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<v Speaker 2>every single one of them, will be scorned by history.

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<v Speaker 2>As we all play our role in a decisive hour

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<v Speaker 2>where the American cause is being tested by people who

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<v Speaker 2>despise it, who revile it, and are trying to smash it.

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<v Speaker 2>Let's not let them into two hundred and fiftieth anniversary

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<v Speaker 2>of the year where the Declaration of Independence was signed.

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<v Speaker 2>Let's renew our faith in the country two hundred and

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<v Speaker 2>fifty years later with an act of defiance and dissent

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<v Speaker 2>and repudiation. Let me leave you with this from Martha's Vineyard,

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<v Speaker 2>an American citizen standing up to American Gestapo. Good for him.

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<v Speaker 2>Do not be afraid. This is the warning. I'm Steve Schmidt.

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<v Speaker 2>This is the warning. I invite you to join this

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<v Speaker 2>community where I promise to be honest, blunt and direct

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<v Speaker 2>about what is happening in this country. America is in crisis.

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<v Speaker 2>Follow and subscribe to this channel and on substack.

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<v Speaker 1>Thank you.