1 00:00:00,280 --> 00:00:04,360 Speaker 1: Welcome back to the Schmid storm. You got questions, I 2 00:00:04,480 --> 00:00:08,840 Speaker 1: have answers. It's Thanksgiving weekend, the shopping is on, Let's 3 00:00:08,880 --> 00:00:12,840 Speaker 1: get to it. The question is, will Chuck Schumer step down? 4 00:00:13,200 --> 00:00:16,520 Speaker 1: Will he be forced to step down by colleagues? And 5 00:00:16,800 --> 00:00:20,720 Speaker 1: if he does, is there anyone better? Yes? I think 6 00:00:20,840 --> 00:00:24,960 Speaker 1: everyone is better. Almost in a democratic conference, Chuck Schumer 7 00:00:25,000 --> 00:00:27,000 Speaker 1: has to step down. I don't know of any other 8 00:00:27,040 --> 00:00:31,600 Speaker 1: way to say this, but the Democratic conference of the 9 00:00:31,760 --> 00:00:36,800 Speaker 1: US Senate should operate exactly like an NFL team, and 10 00:00:36,960 --> 00:00:40,600 Speaker 1: Chuck Schumer is like an old feeble quarterback who's not 11 00:00:40,760 --> 00:00:44,000 Speaker 1: good enough to play in the league anymore. And the 12 00:00:44,040 --> 00:00:47,199 Speaker 1: reality is, and I don't mean to be brutal about this, 13 00:00:47,720 --> 00:00:50,640 Speaker 1: but I don't care about his feelings. He can't do 14 00:00:50,760 --> 00:00:53,760 Speaker 1: the job. And if I was a United States Senator 15 00:00:53,800 --> 00:00:56,360 Speaker 1: and I was sitting in that conference meeting, I would 16 00:00:56,400 --> 00:00:59,720 Speaker 1: not be belligerent about it. I wouldn't be cruel about it. 17 00:01:00,120 --> 00:01:02,840 Speaker 1: Can't do the job. And there are some things more 18 00:01:02,880 --> 00:01:06,959 Speaker 1: important than Chuck Schumer's ego. So to my mind, we 19 00:01:07,080 --> 00:01:12,080 Speaker 1: have just gone on this giant encirclement of the Earth, really, 20 00:01:12,440 --> 00:01:16,080 Speaker 1: this giant journey, and part of it was pretending or 21 00:01:16,120 --> 00:01:19,399 Speaker 1: watching people pretend and then getting yelled at by those 22 00:01:19,480 --> 00:01:22,760 Speaker 1: people pretending when anybody dared to say the eighty two 23 00:01:22,880 --> 00:01:26,280 Speaker 1: year old president Joe Biden was not up for the race, 24 00:01:26,640 --> 00:01:30,039 Speaker 1: and he wasn't. And that egotism and that selfishness is 25 00:01:30,040 --> 00:01:32,319 Speaker 1: why we have Trump in the White House. And Schumer's 26 00:01:32,360 --> 00:01:36,960 Speaker 1: no different. He's a debacle because of his political strategy, 27 00:01:37,319 --> 00:01:41,560 Speaker 1: because of how he spent money, because of the chess 28 00:01:41,840 --> 00:01:45,600 Speaker 1: game he has lost. There are hard no Senate seats 29 00:01:45,640 --> 00:01:48,680 Speaker 1: really for Democrats to pick up in twenty twenty six. 30 00:01:48,960 --> 00:01:52,560 Speaker 1: Unless Trump craters to a profound degree, all of the 31 00:01:52,640 --> 00:01:55,360 Speaker 1: action will be in the House. So getting rid of 32 00:01:55,480 --> 00:01:59,360 Speaker 1: Chuck Schumer from the leadership of the party is really 33 00:01:59,400 --> 00:02:02,240 Speaker 1: important for the health of the Party of New York. 34 00:02:02,360 --> 00:02:05,480 Speaker 1: Voters want Chuck Schumer in there as their senator great, 35 00:02:05,680 --> 00:02:09,760 Speaker 1: But the idea that in a country where Donald Trump 36 00:02:09,800 --> 00:02:13,120 Speaker 1: holds immunities from the Supreme Court is the most powerful 37 00:02:13,160 --> 00:02:16,480 Speaker 1: president ever. They control the Senate, they control the House, 38 00:02:16,520 --> 00:02:19,560 Speaker 1: they control the Court, and the minority leader of what 39 00:02:19,760 --> 00:02:22,080 Speaker 1: was once the greatest delivered a body in the world 40 00:02:22,120 --> 00:02:25,359 Speaker 1: is Chuck Schumer. He's the guy that is not the 41 00:02:25,400 --> 00:02:28,720 Speaker 1: mark of a serious opposition, and what it will do 42 00:02:29,360 --> 00:02:34,920 Speaker 1: is demoralize voters, demoralize activists, and it will mean each 43 00:02:35,040 --> 00:02:38,359 Speaker 1: day that he's in that position that we can't get 44 00:02:38,400 --> 00:02:41,640 Speaker 1: a rope up from the pit to the surface. And 45 00:02:41,720 --> 00:02:44,520 Speaker 1: that sucks because it would be good to get out 46 00:02:44,520 --> 00:02:49,519 Speaker 1: of the pit. The question is, will Elon Musk buy MSNBC? 47 00:02:49,960 --> 00:02:54,640 Speaker 1: And if Elon Musk buys it, what will MSNBC look like? 48 00:02:55,520 --> 00:02:58,560 Speaker 1: Thanks for the question. This is really important and I 49 00:02:58,680 --> 00:03:06,800 Speaker 1: predicted exactly what has transpired between Comcast and MSNBC before 50 00:03:06,880 --> 00:03:10,440 Speaker 1: the election, and let me just give you a brief 51 00:03:10,600 --> 00:03:14,880 Speaker 1: survey of what's happening. It has been announced that MSNBC, 52 00:03:15,240 --> 00:03:19,440 Speaker 1: the Golf Channel, and a couple of other Coast cable 53 00:03:19,560 --> 00:03:22,680 Speaker 1: assets are to be spun off, that they will be 54 00:03:22,760 --> 00:03:26,519 Speaker 1: placed under an umbrella called spin Co, and they will 55 00:03:26,560 --> 00:03:31,120 Speaker 1: be run by an executive named Mark Lazarus. Brian Selter, 56 00:03:31,440 --> 00:03:34,680 Speaker 1: the media reporter of CNN, has made the point in 57 00:03:34,760 --> 00:03:39,120 Speaker 1: his column that they are not really right now in 58 00:03:39,200 --> 00:03:43,800 Speaker 1: this moment for sale. Bullshit. They are for sale and 59 00:03:43,840 --> 00:03:46,280 Speaker 1: they will be sold. And I'm going to tell you 60 00:03:46,320 --> 00:03:50,240 Speaker 1: the reason why the price tag on the cable assets 61 00:03:50,480 --> 00:03:55,200 Speaker 1: is seven billion dollars. The value the market capitalization of 62 00:03:55,320 --> 00:04:00,480 Speaker 1: Comcast is one hundred and sixty four billion dollars. I 63 00:04:00,480 --> 00:04:03,360 Speaker 1: think sometimes it helps to be able to think about 64 00:04:03,480 --> 00:04:08,080 Speaker 1: size comparatively. What's one hundred and sixty four billion dollars 65 00:04:08,440 --> 00:04:11,160 Speaker 1: and what's seven billion? What does that look like? Well, 66 00:04:11,400 --> 00:04:14,880 Speaker 1: one hundred and sixty four billion dollars is proximate to 67 00:04:14,960 --> 00:04:18,240 Speaker 1: the value of the National Football League the NFL, and 68 00:04:18,360 --> 00:04:22,359 Speaker 1: seven billion, right, is the value of all of these companies. 69 00:04:22,440 --> 00:04:26,440 Speaker 1: So when you take out MSNBC, really what it's the 70 00:04:26,560 --> 00:04:30,280 Speaker 1: size of is the Italian Serie, a soccer league. It's 71 00:04:30,320 --> 00:04:34,960 Speaker 1: a professional sport, it's got great players, but it's worth billions, 72 00:04:35,160 --> 00:04:39,560 Speaker 1: not one hundreds of billions, and it's absolutely not the NFL. 73 00:04:40,040 --> 00:04:44,560 Speaker 1: So Comcast looks at the Trump error, sees the promises 74 00:04:44,600 --> 00:04:47,440 Speaker 1: of retribution and threats, and says, we have to dump 75 00:04:47,560 --> 00:04:51,880 Speaker 1: MSNBC because they're a pancreatic cancer gene. It can kill 76 00:04:51,960 --> 00:04:55,719 Speaker 1: us the whole thing. Because Comcast exists as a cable 77 00:04:55,800 --> 00:04:59,279 Speaker 1: company in a highly regulated space, and it's licensed to 78 00:04:59,400 --> 00:05:03,080 Speaker 1: operate needs, it cannot be at war with a vengeful 79 00:05:03,200 --> 00:05:08,880 Speaker 1: federal government that does not appreciate its cable news appendage 80 00:05:09,279 --> 00:05:13,880 Speaker 1: not being nice to Trump, because the access age is 81 00:05:13,920 --> 00:05:17,840 Speaker 1: giving way to the niceness age. The question of fairness 82 00:05:17,920 --> 00:05:21,640 Speaker 1: in American corporate media is singular. Now are you nice 83 00:05:22,160 --> 00:05:25,520 Speaker 1: to Trump? And so the CEO of Comcast isn't going 84 00:05:25,560 --> 00:05:28,080 Speaker 1: to risk it, and this will all be sold. And 85 00:05:28,160 --> 00:05:32,320 Speaker 1: the Hungarian model is one that Trump and his team 86 00:05:32,360 --> 00:05:35,479 Speaker 1: have talked openly about, know all about, and it calls 87 00:05:35,560 --> 00:05:40,480 Speaker 1: for people like Elon Musk to buy MSNBC. I want 88 00:05:40,480 --> 00:05:43,000 Speaker 1: to go through the economics of this. A lot of 89 00:05:43,080 --> 00:05:46,760 Speaker 1: people look at the amount of money that Elon Musk 90 00:05:46,880 --> 00:05:50,120 Speaker 1: spent one hundred and fifty million dollars on Donald Trump's 91 00:05:50,120 --> 00:05:53,720 Speaker 1: behalf and think he did it for Donald Trump. He 92 00:05:53,760 --> 00:05:57,000 Speaker 1: did not. He did it for Elon Musk and Elon 93 00:05:57,120 --> 00:05:59,799 Speaker 1: today after the election for a bunch of different factors. 94 00:06:00,000 --> 00:06:03,640 Speaker 1: That work goes up five billion dollars one day. That 95 00:06:03,839 --> 00:06:07,920 Speaker 1: covers the buy. And if Elon must buys MSNBC, he'll 96 00:06:07,920 --> 00:06:11,480 Speaker 1: do to it what he did to Twitter, which is record. 97 00:06:11,680 --> 00:06:14,520 Speaker 1: None of these shows will be on. Elon isn't going 98 00:06:14,560 --> 00:06:17,400 Speaker 1: to put the Rachel Mattow Show on air. There won't 99 00:06:17,440 --> 00:06:20,960 Speaker 1: be a Rachel Mattow Show not on MSNBC. It will 100 00:06:20,960 --> 00:06:24,120 Speaker 1: be over. It will be right wing hackery. And it's 101 00:06:24,160 --> 00:06:27,560 Speaker 1: important to appreciate that only a million or so people 102 00:06:27,640 --> 00:06:31,120 Speaker 1: watch most of these shows. The numbers are small. The 103 00:06:31,200 --> 00:06:36,240 Speaker 1: business is failing. The morning co hosts are capitulators who've 104 00:06:36,240 --> 00:06:39,599 Speaker 1: lost their credibility in the respect of their audience. When 105 00:06:39,640 --> 00:06:46,200 Speaker 1: the movie Newsreels died, journalism didn't die. And if MSNBC dies, 106 00:06:46,279 --> 00:06:52,839 Speaker 1: America doesn't die. Progressivism doesn't die, liberal political philosophy doesn't die. 107 00:06:53,320 --> 00:06:58,440 Speaker 1: Just MSNBC dies. The resiliency of the First Amendment is 108 00:06:58,440 --> 00:07:02,840 Speaker 1: what matters in this moment. The journalism that Trump will 109 00:07:02,880 --> 00:07:05,920 Speaker 1: have to deal with and that ultimately will stop him 110 00:07:05,960 --> 00:07:08,520 Speaker 1: and hurt him by holding him to account, is going 111 00:07:08,560 --> 00:07:12,440 Speaker 1: to be bottom up, not top down. Big corporations aren't 112 00:07:12,480 --> 00:07:15,120 Speaker 1: going to be in the business of going after the 113 00:07:15,120 --> 00:07:19,080 Speaker 1: most powerful person in the world who's vengeful, seeks retribution, 114 00:07:19,480 --> 00:07:21,880 Speaker 1: and has all the immunity he needs to deliver it. 115 00:07:22,200 --> 00:07:28,080 Speaker 1: So truth will have to be found somewhere besides corporate America. 116 00:07:28,400 --> 00:07:31,760 Speaker 1: The question is Donald Trump Junior has said that the 117 00:07:31,800 --> 00:07:36,960 Speaker 1: administration has given consideration to banning corporate media. Mainstream media 118 00:07:37,000 --> 00:07:41,360 Speaker 1: outlets like ABC News, CBS News, NBC News, from the 119 00:07:41,400 --> 00:07:44,560 Speaker 1: White House briefing room and giving their seats away to, 120 00:07:44,760 --> 00:07:49,720 Speaker 1: for example, representatives of the Joe Rogan Show. I think 121 00:07:49,760 --> 00:07:52,840 Speaker 1: a couple of things about this first within a year, 122 00:07:53,200 --> 00:07:57,160 Speaker 1: I think that there will be severe restrictions on the 123 00:07:57,320 --> 00:08:00,240 Speaker 1: media with regard to access to the White House. Will 124 00:08:00,280 --> 00:08:06,080 Speaker 1: be very hard for mainstream media organizations to ask questions 125 00:08:06,200 --> 00:08:10,440 Speaker 1: of Donald Trump. There will be outrages the White House 126 00:08:10,520 --> 00:08:14,040 Speaker 1: pool operations, all all of this stuff, And I think 127 00:08:14,160 --> 00:08:16,760 Speaker 1: they're going to lose out because Donald Trump's position is 128 00:08:16,760 --> 00:08:19,000 Speaker 1: going to be I'm gonna do whatever I want and 129 00:08:19,360 --> 00:08:22,960 Speaker 1: that ABC News doesn't have an entitlement in America that 130 00:08:23,120 --> 00:08:26,120 Speaker 1: stretches beyond the one that Joe Grogan has to ask 131 00:08:26,240 --> 00:08:28,920 Speaker 1: questions for the president. So I think he's going to 132 00:08:29,000 --> 00:08:33,400 Speaker 1: assemble a question asking menagerie, right, a whack pack, right, 133 00:08:33,480 --> 00:08:36,760 Speaker 1: that it's really some political version of what used to 134 00:08:36,760 --> 00:08:40,960 Speaker 1: surround Howard Stern, Right, you know, Donald Trump's whack pack, 135 00:08:41,320 --> 00:08:44,400 Speaker 1: or will be the people in the briefing room asking questions, 136 00:08:44,440 --> 00:08:47,440 Speaker 1: which doesn't mean, of course, the journalism dies. And honestly, 137 00:08:47,600 --> 00:08:50,480 Speaker 1: when is the last time an intelligent and insightful question 138 00:08:50,559 --> 00:08:52,760 Speaker 1: has been asked in the White House briefing room that 139 00:08:52,920 --> 00:08:55,720 Speaker 1: anybody in America out of all three hundred and thirty 140 00:08:55,720 --> 00:08:59,400 Speaker 1: million of us, should give a shit about when last month, 141 00:09:00,000 --> 00:09:03,600 Speaker 1: month before, how about in the last year, two, what 142 00:09:03,720 --> 00:09:06,280 Speaker 1: about one time in the last three years, four years? 143 00:09:06,760 --> 00:09:11,600 Speaker 1: It's theatrics. It's a low rated conflict show. It's probably 144 00:09:11,600 --> 00:09:14,680 Speaker 1: the most batal houred American life is the White House 145 00:09:14,720 --> 00:09:17,640 Speaker 1: news briefing. And so Donald Trump's gonna do what he wants. 146 00:09:17,720 --> 00:09:20,840 Speaker 1: He's gonna surround himself with friendly press. And I do 147 00:09:20,880 --> 00:09:24,200 Speaker 1: think that Donald Trump Junior is previewing in form and 148 00:09:24,280 --> 00:09:27,520 Speaker 1: fashion pretty close to what's going to happen. Question is 149 00:09:27,679 --> 00:09:30,520 Speaker 1: what would John McCain think about all of this? What 150 00:09:30,559 --> 00:09:33,200 Speaker 1: would he have said about all of this? And did 151 00:09:33,320 --> 00:09:39,000 Speaker 1: his death and his absence create the conditions necessary for 152 00:09:39,120 --> 00:09:46,120 Speaker 1: MAGA to rise. John McCain would have fought Donald Trump 153 00:09:46,760 --> 00:09:51,480 Speaker 1: NonStop every step of the way on the basis of 154 00:09:51,600 --> 00:09:58,120 Speaker 1: the rottenness of his character and his degradations and indignities 155 00:09:58,240 --> 00:10:02,240 Speaker 1: towards the thing that Caine revered the most, which was 156 00:10:02,400 --> 00:10:06,400 Speaker 1: the code of conduct of the Armed Forces of the 157 00:10:06,559 --> 00:10:11,320 Speaker 1: United States, the traditions, the legacy of valor. He would 158 00:10:11,320 --> 00:10:17,760 Speaker 1: have been deeply fronted and easily offended by everything that's 159 00:10:17,840 --> 00:10:22,599 Speaker 1: gone on, he would have gone ballistic, a super nova 160 00:10:22,920 --> 00:10:29,600 Speaker 1: of rage and indignation at the nomination of fools like 161 00:10:29,720 --> 00:10:33,880 Speaker 1: Pete Hagsath and Tulsey Gabbard. He would have stopped them. 162 00:10:34,160 --> 00:10:37,080 Speaker 1: He would have done everything he could to stop them, 163 00:10:37,320 --> 00:10:40,480 Speaker 1: would have rallied support. And I don't think that they're 164 00:10:40,600 --> 00:10:44,040 Speaker 1: necessarily going to make it into their offices, but for 165 00:10:44,160 --> 00:10:47,880 Speaker 1: sure they would not have if John McCain was still alive. 166 00:10:48,080 --> 00:10:51,160 Speaker 1: But beyond that, and this is not going to be 167 00:10:51,640 --> 00:10:55,560 Speaker 1: politically correct, and I'm going to get in trouble, but 168 00:10:55,600 --> 00:10:59,480 Speaker 1: I'm going to give an answer to the question through 169 00:10:59,520 --> 00:11:03,280 Speaker 1: the pre of who I am, which is a fifty 170 00:11:03,400 --> 00:11:07,120 Speaker 1: four year old dude board in New Jersey in nineteen 171 00:11:07,360 --> 00:11:12,960 Speaker 1: seventy who has a particular level of contempt for the 172 00:11:13,000 --> 00:11:17,960 Speaker 1: softness and the weakness and the utter lack of principle 173 00:11:18,559 --> 00:11:23,839 Speaker 1: by people like Lindsay Graham. So there's a word that 174 00:11:23,960 --> 00:11:27,640 Speaker 1: guys use when they talk to each other. That's not 175 00:11:27,720 --> 00:11:31,680 Speaker 1: a nice word. It's one that precedes cat and it 176 00:11:31,760 --> 00:11:36,720 Speaker 1: starts with P and it's a cutting and degrading word. 177 00:11:36,960 --> 00:11:41,840 Speaker 1: Toxic masculinity is sometimes used as the phrase to describe 178 00:11:41,880 --> 00:11:44,719 Speaker 1: its use and all of this. And I think one 179 00:11:44,800 --> 00:11:48,800 Speaker 1: of the things in this election that men, Hispanic men, 180 00:11:49,000 --> 00:11:53,480 Speaker 1: black men, white men have tried to communicate to people 181 00:11:53,520 --> 00:11:57,840 Speaker 1: across the country is stop with the lecturing and stop 182 00:11:57,880 --> 00:12:01,360 Speaker 1: with the hectoring, and stop telling us what word we 183 00:12:01,480 --> 00:12:06,320 Speaker 1: can say and can't say. But nearly all of the Republicans, 184 00:12:06,720 --> 00:12:10,600 Speaker 1: all of the sycophants around Trump, not only deserves to 185 00:12:10,640 --> 00:12:14,000 Speaker 1: be called that word, they deserve to have it tattooed 186 00:12:14,120 --> 00:12:17,720 Speaker 1: across their chest in a version of the Yellowstone brand. 187 00:12:18,200 --> 00:12:21,680 Speaker 1: And most importantly, the person who would have been the 188 00:12:21,720 --> 00:12:25,520 Speaker 1: one to most partially bestow it on them and place 189 00:12:25,600 --> 00:12:28,960 Speaker 1: the brand into their chest would have been John McCain, 190 00:12:29,440 --> 00:12:35,200 Speaker 1: who was many many things, but the P word was 191 00:12:35,240 --> 00:12:39,280 Speaker 1: not one of them. So the truth is a watch 192 00:12:39,400 --> 00:12:46,360 Speaker 1: Morning Joe with Bob Woodward. What you're seeing is uh. 193 00:12:46,760 --> 00:12:52,520 Speaker 1: And though you can't call him a he is and 194 00:12:52,559 --> 00:12:59,280 Speaker 1: in the world of the Trump can trample everything in 195 00:12:59,360 --> 00:13:04,800 Speaker 1: his say. And John McCain was very offended by people 196 00:13:04,840 --> 00:13:11,480 Speaker 1: who are who let bullies like Trump trample over everything 197 00:13:12,080 --> 00:13:14,760 Speaker 1: that they care about. And so the thing that John 198 00:13:14,840 --> 00:13:17,880 Speaker 1: McCain would have thought about and the moment before he 199 00:13:18,000 --> 00:13:22,080 Speaker 1: stood up to address his colleagues, castigate them, shame them, 200 00:13:22,440 --> 00:13:27,120 Speaker 1: and call them out. Is what a bunch of they were, 201 00:13:27,559 --> 00:13:34,240 Speaker 1: starting with his friend Lindsey Graham, who he would have mocked, derided, shamed, 202 00:13:34,440 --> 00:13:39,800 Speaker 1: laughed at, scorned, and humiliated at a level that is 203 00:13:39,840 --> 00:13:45,720 Speaker 1: beyond my comprehension, that is beyond my ability to articulate, 204 00:13:46,240 --> 00:13:49,400 Speaker 1: because he would have stood up in front of all 205 00:13:49,440 --> 00:13:53,200 Speaker 1: the senators, ended his friendship. If Lindsey Graham acted like 206 00:13:53,280 --> 00:13:58,120 Speaker 1: this and he would have said, lindsay you're a it 207 00:13:58,160 --> 00:14:01,120 Speaker 1: would have fit the whole country. We would have understood it. 208 00:14:02,640 --> 00:14:05,880 Speaker 1: But tragically we can't say that word out loud anymore, 209 00:14:06,320 --> 00:14:09,480 Speaker 1: and we needed it in some ways, we need it 210 00:14:09,520 --> 00:14:13,840 Speaker 1: more than ever. I'm Steve Schmidt. This is the warning 211 00:14:13,960 --> 00:14:17,319 Speaker 1: and I invite you to join. Subscribe on our substack, 212 00:14:17,520 --> 00:14:24,880 Speaker 1: on our YouTube channel, follow us. Welcome to the community.