WEBVTT - Trump Crashed The Economy For His Own Gain

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<v Speaker 1>This is the warning. Good day everybody. Later this evening,

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<v Speaker 1>I'll be talking to hundreds of people with Beto o'roor

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<v Speaker 1>here in Tulsa, Oklahoma about what's happening in America. First,

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<v Speaker 1>let me share a story about a decision making process.

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<v Speaker 1>It's called the OODA loop. It stands for Observe, Orient,

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<v Speaker 1>decide and act. Think about it in a circle, moving

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<v Speaker 1>clockwise from the top. Observe, orient, decide and act. So

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<v Speaker 1>let us talk about what it is that we have

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<v Speaker 1>observed this week with Donald Trump. Specifically, what do we

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<v Speaker 1>see on the lapel of the suit jacket of the

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<v Speaker 1>FCC chairman, who is responsible for regulating the broadcast airwaves

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<v Speaker 1>and the licenses of media stations in the United States.

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<v Speaker 1>What is that's orient to that? The golden Trump pen

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<v Speaker 1>worn by a government official. It seems to me to be,

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<v Speaker 1>as I orient towards it, similar to a pin that

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<v Speaker 1>Chinese communists would wear with Chairman mal on it, or

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<v Speaker 1>perhaps the pin that the National Socialists would wear, the

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<v Speaker 1>party pin. I cannot think of anything that I've ever

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<v Speaker 1>seen any American government official wear that is fundamentally more

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<v Speaker 1>un American and more frightening. Donald Trump is the leader

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<v Speaker 1>of a fascist political movement that is attacking the United

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<v Speaker 1>States from within. He is surrounded by malevolence and sick offhans,

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<v Speaker 1>dangerous people, fools, and clowns, none more so than the

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<v Speaker 1>self serious, belligerent Stephen Miller. He's always reminded me a

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<v Speaker 1>bit of the character from the movie Stripes, Francis better

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<v Speaker 1>known as Psycho, And I always remember that scene where

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<v Speaker 1>Sergeant Hulka the big Toe tell Psycho, lighten up Francis.

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<v Speaker 1>And it would be good if someone might have said

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<v Speaker 1>that to Stephen Miller along the path of his development.

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<v Speaker 1>But for Santa Monica Goebbels, no such luck at any rate.

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<v Speaker 1>After a week of market chaos, this is what Stephen

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<v Speaker 1>Miller said.

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<v Speaker 2>We're on the verge now because the President Trump's strengthened

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<v Speaker 2>leadership of fixing our entire global trading system. President Trump

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<v Speaker 2>is going to fix our global trading relationships and at

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<v Speaker 2>the same time he's going to work with Congress to

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<v Speaker 2>make America in the manufacturing center of the world with

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<v Speaker 2>the lowest taxes, the lowest regulations, and the cheapest energy.

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<v Speaker 1>This is what Stephen Miller posted on social media, And

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<v Speaker 1>of course he wasn't alone. The Wyoming Senator John Barrasso

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<v Speaker 1>was picked up on a live mic telling Trump that

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<v Speaker 1>he was a genius for the stock market. Now, the

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<v Speaker 1>stock market went up yesterday, and there may be some

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<v Speaker 1>people out there who say, wow, the stock market went up.

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<v Speaker 1>It did. It's not a good thing. It went down

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<v Speaker 1>thousands of points. It went up thousands of points, all

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<v Speaker 1>of it on currents of madness, in coherence, and insanity.

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<v Speaker 1>In the instant that Donald Trump is saying he will

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<v Speaker 1>never negotiate it, He'll never back down. He's preparing to

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<v Speaker 1>back down. He sends out a message by stocks manipulating

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<v Speaker 1>the markets, and then he manipulates the markets while trillions

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<v Speaker 1>of dollars is being evaporated. Donald Trump's sons are feeding

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<v Speaker 1>like pigs at the bitcoin trough. Donald Trump is feeding

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<v Speaker 1>at the bigcoin trough. And now all of the Wall

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<v Speaker 1>Street billionaires around Donald Trump are manipulating the market. Donald

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<v Speaker 1>Trump drives it down down thousands of points, and then

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<v Speaker 1>Donald Trump does something that lifts it up thousands of points.

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<v Speaker 1>They all make money and ordinary people go broke. Let's

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<v Speaker 1>talk about the cost of this. The mental health of

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<v Speaker 1>millions of Americans has been savagely attacked their stability as

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<v Speaker 1>they pursue happiness, as they take the risk with their restaurant,

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<v Speaker 1>with their ranch, with their farm, with their baby. Business

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<v Speaker 1>people buy things on credit to stay in business. They

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<v Speaker 1>take loans out, they meet payrolls, they pay for their employees'

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<v Speaker 1>health insurance. And they are being attacked by their government.

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<v Speaker 1>And that's what this is. Donald Trump has proved he

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<v Speaker 1>has no staying power, he has no guts, he's got

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<v Speaker 1>no stamina. He can't hang into the fight. He backed down,

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<v Speaker 1>and he backed down because he's coalition cracked up. Elon

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<v Speaker 1>Musk has been defenestrated, severed from Trump clowns by his

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<v Speaker 1>twenty five million dollar loss in Wisconsin. His companies are

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<v Speaker 1>under siege. Tesla is on its way to bankruptcy. Donald

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<v Speaker 1>Trump is at a forty one percent approval level. The situation,

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<v Speaker 1>though grim, is clear. A Donald Trump is attacking America.

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<v Speaker 1>He's attacking the constitution and civil liberties. He is attacking

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<v Speaker 1>the American economy. He is attacking the American military. He

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<v Speaker 1>is attacking the Department of Justice. He is attacking the

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<v Speaker 1>intelligence agencies. He is attacking the markets. He is attacking

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<v Speaker 1>our allies. He's leading an attack aimed at destabilizing the

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<v Speaker 1>country so that he may offer a solution which will

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<v Speaker 1>be wrapped in a demand for more and more and

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<v Speaker 1>more power, which he will hand out to people wearing

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<v Speaker 1>golden Trump pens, who will have a license to take

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<v Speaker 1>whatever they please from whomever they want, because they will

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<v Speaker 1>be powerful. And unless you have the golden Trump pen,

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<v Speaker 1>you will not. You can get the golden Trump pen.

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<v Speaker 1>All you have to do is surrender your principles. All

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<v Speaker 1>you have to do is abandon your initiative. All you

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<v Speaker 1>have to do is get in line. All you have

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<v Speaker 1>to do is say yes forever more to the idea

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<v Speaker 1>that Donald Trump is the greatest genius has ever been.

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<v Speaker 1>And unless you do, it will be hard for you

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<v Speaker 1>to get ahead in Trump's America. That's the proposition on

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<v Speaker 1>the table. That's what we're saying. One hundred days ago,

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<v Speaker 1>we were still weeks away from Donald Trump taking power

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<v Speaker 1>from any of his cabinet being confirmed. How are they doing.

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<v Speaker 1>We have a defense secretary with a clown real estate

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<v Speaker 1>developer named Steve Wikoff who has no clue about the

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<v Speaker 1>world what he's doing in it, in Moscow receiving top

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<v Speaker 1>secret plans about a military strike that gave away the

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<v Speaker 1>position of American aircraft carriers. There's no accountability for this

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<v Speaker 1>accountability and a fascist regime like Trump's is only for

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<v Speaker 1>the little people, never for anyone at the top. We

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<v Speaker 1>have the Director of National Intelligence on that email, the

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<v Speaker 1>Secretary of State, clowns, criminal ne'er do wells, accused rapists,

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<v Speaker 1>can't make it up. Democratic Governor of Michigan Gretchen Whitmer

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<v Speaker 1>is advised by her team, who thinks that they're capable

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<v Speaker 1>of running a presidential campaign, that hey, in the middle

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<v Speaker 1>of this insanity is the time to go to Washington,

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<v Speaker 1>DC and give a speech that basically says, hey, Trump's

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<v Speaker 1>that's right, but I do it a different way. And

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<v Speaker 1>she did that not because Trump's right. She knows he's incoherent,

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<v Speaker 1>but she thought, opportunistically, I can make my move, distinguish

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<v Speaker 1>myself from my fellow Democrats. Go in there, make it

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<v Speaker 1>about Gretchen Whitmer in this moment of existential crisis, not

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<v Speaker 1>do anything to contribute to the building of a national opposition,

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<v Speaker 1>but position me for whatever primary may go first. So

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<v Speaker 1>Rich and Whitmer goes to Washington and she gives a speech.

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<v Speaker 1>The speech was pedantic. The speech was boring, it was

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<v Speaker 1>delivered without charisma. It was not a presidential good first look.

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<v Speaker 1>And then she probably finished herself off when she went

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<v Speaker 1>to the Oval Office and was used as a hostage

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<v Speaker 1>pawn because she's naive, because she's a lammy who went

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<v Speaker 1>into the wolf Sten unprepared and stood there like a

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<v Speaker 1>useful idiot against the wall as Donald Trump threatened to

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<v Speaker 1>use the Department of Justice. Well used to the Department

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<v Speaker 1>of Justice to investigate a political critic. That's what's happening

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<v Speaker 1>in America. Trump's a genius. All you have to do

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<v Speaker 1>is put on the golden Trump pen and things will

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<v Speaker 1>be good for you. The United States of America is

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<v Speaker 1>attacking Canada, it's attacking Denmark. Donald Trump has fundamentally taken

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<v Speaker 1>the Russian position against the free and fighting people of Ukraine.

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<v Speaker 1>He has assaulted, assailed, and attacked our allies. And then

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<v Speaker 1>he went to war with China, trade war, and China

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<v Speaker 1>has the cards and you can't fix stupid. So Donald

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<v Speaker 1>Trump's trade war turned out to be a picket's charge

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<v Speaker 1>of stupidity into the teeth of the Chinese who bit

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<v Speaker 1>his hand off. But his hand is America's hand, and

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<v Speaker 1>so one hundred days in America is poorer than it

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<v Speaker 1>was when Donald Trump took office. America is weaker than

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<v Speaker 1>when Donald Trump took office. Donald Trump can be seen clearly.

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<v Speaker 1>He's incoherent. He's a buffoon. World leaders don't take seriously.

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<v Speaker 1>Nobody's calling Donald to kiss his ass. And by the way,

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<v Speaker 1>how do those world leaders kissing Donald's ass, even if

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<v Speaker 1>it was true, help you. Donald just likes lips on

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<v Speaker 1>his ass. For almost one hundred days, Donald Trump and

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<v Speaker 1>his family have been on a crime spree. For almost

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<v Speaker 1>one hundred days, Donald Trump has been threatening people, threatening

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<v Speaker 1>to investigate people, now investigating people, snatching people off the

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<v Speaker 1>streets and chaining them. Democratic governors are going down to

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<v Speaker 1>Washington and trying to maneuver by playing footsie with these people.

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<v Speaker 1>Gavin Usom doing it with Charlie Kirk, doing it with

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<v Speaker 1>Steve Bannon, not going to places like Oklahoma, not going

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<v Speaker 1>to places like Mississippi. To stand up and to say

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<v Speaker 1>to all the American people, as Democrats, we misled you

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<v Speaker 1>in twenty twenty four. We're going to do better. This

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<v Speaker 1>is what this party stands for. It stands for the

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<v Speaker 1>ordinary American person who wants to pursue happiness and live

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<v Speaker 1>in liberty. That is the greatness of the Democratic Party

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<v Speaker 1>should stand for the proposition of the four freedoms, freedom

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<v Speaker 1>of speech, freedom of religion, freedom from fear, freedom from want.

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<v Speaker 1>There will be more poor people in America after this

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<v Speaker 1>Trump presidency than at any point since the Great Depression.

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<v Speaker 1>Poverty is going on, opportunity is going down. The economic

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<v Speaker 1>pie in America is shrinking, and the security of the

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<v Speaker 1>American people with it. Donald Trump came into office with

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<v Speaker 1>a plan with a sledgehammer, a fascist with a chainsaw,

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<v Speaker 1>giving Nazi salutes, and he went to work. The Democratic

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<v Speaker 1>majority under Chuck Schumer appeased him, coddled him, enabled him,

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<v Speaker 1>did not fight back. And here we are in crisis.

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<v Speaker 1>It is time to wake up and it is time

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<v Speaker 1>to defend the American Republic from these people and this insanity.

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<v Speaker 1>It is time to blow part the assumptions that say

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<v Speaker 1>that most of the country is faded to live under

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<v Speaker 1>the rule of these people without an alternative voice being offered,

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<v Speaker 1>because that's just the way it is. Some states are

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<v Speaker 1>red and some states are blue. Into that I say bullshit.

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<v Speaker 1>Oklahoma and Mississippi and Arkansas and All of these places

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<v Speaker 1>are American states, part of the Union, filled with Americans

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<v Speaker 1>who want to live in liberty and not be the

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<v Speaker 1>abuse victims of their politicians who work for us, not

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<v Speaker 1>for Trump. And that is the proposition at hand. And

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<v Speaker 1>this is the morning. I'm Steve Schmidt. This is the

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<v Speaker 1>morning I invite you to join this community where I

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<v Speaker 1>promise to be honest, blunt and direct about what is

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<v Speaker 1>happening in this country. America is in crisis. Follow and

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<v Speaker 1>subscribe to this channel and on substack. Thank you.