Speaker 1: Welcome back to the Schmid storm. You got questions, I
Speaker 1: have answers. It's Thanksgiving weekend, the shopping is on, Let's
Speaker 1: get to it. The question is, will Chuck Schumer step down?
Speaker 1: Will he be forced to step down by colleagues? And
Speaker 1: if he does, is there anyone better? Yes? I think
Speaker 1: everyone is better. Almost in a democratic conference, Chuck Schumer
Speaker 1: has to step down. I don't know of any other
Speaker 1: way to say this, but the Democratic conference of the
Speaker 1: US Senate should operate exactly like an NFL team, and
Speaker 1: Chuck Schumer is like an old feeble quarterback who's not
Speaker 1: good enough to play in the league anymore. And the
Speaker 1: reality is, and I don't mean to be brutal about this,
Speaker 1: but I don't care about his feelings. He can't do
Speaker 1: the job. And if I was a United States Senator
Speaker 1: and I was sitting in that conference meeting, I would
Speaker 1: not be belligerent about it. I wouldn't be cruel about it.
Speaker 1: Can't do the job. And there are some things more
Speaker 1: important than Chuck Schumer's ego. So to my mind, we
Speaker 1: have just gone on this giant encirclement of the Earth, really,
Speaker 1: this giant journey, and part of it was pretending or
Speaker 1: watching people pretend and then getting yelled at by those
Speaker 1: people pretending when anybody dared to say the eighty two
Speaker 1: year old president Joe Biden was not up for the race,
Speaker 1: and he wasn't. And that egotism and that selfishness is
Speaker 1: why we have Trump in the White House. And Schumer's
Speaker 1: no different. He's a debacle because of his political strategy,
Speaker 1: because of how he spent money, because of the chess
Speaker 1: game he has lost. There are hard no Senate seats
Speaker 1: really for Democrats to pick up in twenty twenty six.
Speaker 1: Unless Trump craters to a profound degree, all of the
Speaker 1: action will be in the House. So getting rid of
Speaker 1: Chuck Schumer from the leadership of the party is really
Speaker 1: important for the health of the Party of New York.
Speaker 1: Voters want Chuck Schumer in there as their senator great,
Speaker 1: But the idea that in a country where Donald Trump
Speaker 1: holds immunities from the Supreme Court is the most powerful
Speaker 1: president ever. They control the Senate, they control the House,
Speaker 1: they control the Court, and the minority leader of what
Speaker 1: was once the greatest delivered a body in the world
Speaker 1: is Chuck Schumer. He's the guy that is not the
Speaker 1: mark of a serious opposition, and what it will do
Speaker 1: is demoralize voters, demoralize activists, and it will mean each
Speaker 1: day that he's in that position that we can't get
Speaker 1: a rope up from the pit to the surface. And
Speaker 1: that sucks because it would be good to get out
Speaker 1: of the pit. The question is, will Elon Musk buy MSNBC?
Speaker 1: And if Elon Musk buys it, what will MSNBC look like?
Speaker 1: Thanks for the question. This is really important and I
Speaker 1: predicted exactly what has transpired between Comcast and MSNBC before
Speaker 1: the election, and let me just give you a brief
Speaker 1: survey of what's happening. It has been announced that MSNBC,
Speaker 1: the Golf Channel, and a couple of other Coast cable
Speaker 1: assets are to be spun off, that they will be
Speaker 1: placed under an umbrella called spin Co, and they will
Speaker 1: be run by an executive named Mark Lazarus. Brian Selter,
Speaker 1: the media reporter of CNN, has made the point in
Speaker 1: his column that they are not really right now in
Speaker 1: this moment for sale. Bullshit. They are for sale and
Speaker 1: they will be sold. And I'm going to tell you
Speaker 1: the reason why the price tag on the cable assets
Speaker 1: is seven billion dollars. The value the market capitalization of
Speaker 1: Comcast is one hundred and sixty four billion dollars. I
Speaker 1: think sometimes it helps to be able to think about
Speaker 1: size comparatively. What's one hundred and sixty four billion dollars
Speaker 1: and what's seven billion? What does that look like? Well,
Speaker 1: one hundred and sixty four billion dollars is proximate to
Speaker 1: the value of the National Football League the NFL, and
Speaker 1: seven billion, right, is the value of all of these companies.
Speaker 1: So when you take out MSNBC, really what it's the
Speaker 1: size of is the Italian Serie, a soccer league. It's
Speaker 1: a professional sport, it's got great players, but it's worth billions,
Speaker 1: not one hundreds of billions, and it's absolutely not the NFL.
Speaker 1: So Comcast looks at the Trump error, sees the promises
Speaker 1: of retribution and threats, and says, we have to dump
Speaker 1: MSNBC because they're a pancreatic cancer gene. It can kill
Speaker 1: us the whole thing. Because Comcast exists as a cable
Speaker 1: company in a highly regulated space, and it's licensed to
Speaker 1: operate needs, it cannot be at war with a vengeful
Speaker 1: federal government that does not appreciate its cable news appendage
Speaker 1: not being nice to Trump, because the access age is
Speaker 1: giving way to the niceness age. The question of fairness
Speaker 1: in American corporate media is singular. Now are you nice
Speaker 1: to Trump? And so the CEO of Comcast isn't going
Speaker 1: to risk it, and this will all be sold. And
Speaker 1: the Hungarian model is one that Trump and his team
Speaker 1: have talked openly about, know all about, and it calls
Speaker 1: for people like Elon Musk to buy MSNBC. I want
Speaker 1: to go through the economics of this. A lot of
Speaker 1: people look at the amount of money that Elon Musk
Speaker 1: spent one hundred and fifty million dollars on Donald Trump's
Speaker 1: behalf and think he did it for Donald Trump. He
Speaker 1: did not. He did it for Elon Musk and Elon
Speaker 1: today after the election for a bunch of different factors.
Speaker 1: That work goes up five billion dollars one day. That
Speaker 1: covers the buy. And if Elon must buys MSNBC, he'll
Speaker 1: do to it what he did to Twitter, which is record.
Speaker 1: None of these shows will be on. Elon isn't going
Speaker 1: to put the Rachel Mattow Show on air. There won't
Speaker 1: be a Rachel Mattow Show not on MSNBC. It will
Speaker 1: be over. It will be right wing hackery. And it's
Speaker 1: important to appreciate that only a million or so people
Speaker 1: watch most of these shows. The numbers are small. The
Speaker 1: business is failing. The morning co hosts are capitulators who've
Speaker 1: lost their credibility in the respect of their audience. When
Speaker 1: the movie Newsreels died, journalism didn't die. And if MSNBC dies,
Speaker 1: America doesn't die. Progressivism doesn't die, liberal political philosophy doesn't die.
Speaker 1: Just MSNBC dies. The resiliency of the First Amendment is
Speaker 1: what matters in this moment. The journalism that Trump will
Speaker 1: have to deal with and that ultimately will stop him
Speaker 1: and hurt him by holding him to account, is going
Speaker 1: to be bottom up, not top down. Big corporations aren't
Speaker 1: going to be in the business of going after the
Speaker 1: most powerful person in the world who's vengeful, seeks retribution,
Speaker 1: and has all the immunity he needs to deliver it.
Speaker 1: So truth will have to be found somewhere besides corporate America.
Speaker 1: The question is Donald Trump Junior has said that the
Speaker 1: administration has given consideration to banning corporate media. Mainstream media
Speaker 1: outlets like ABC News, CBS News, NBC News, from the
Speaker 1: White House briefing room and giving their seats away to,
Speaker 1: for example, representatives of the Joe Rogan Show. I think
Speaker 1: a couple of things about this first within a year,
Speaker 1: I think that there will be severe restrictions on the
Speaker 1: media with regard to access to the White House. Will
Speaker 1: be very hard for mainstream media organizations to ask questions
Speaker 1: of Donald Trump. There will be outrages the White House
Speaker 1: pool operations, all all of this stuff, And I think
Speaker 1: they're going to lose out because Donald Trump's position is
Speaker 1: going to be I'm gonna do whatever I want and
Speaker 1: that ABC News doesn't have an entitlement in America that
Speaker 1: stretches beyond the one that Joe Grogan has to ask
Speaker 1: questions for the president. So I think he's going to
Speaker 1: assemble a question asking menagerie, right, a whack pack, right,
Speaker 1: that it's really some political version of what used to
Speaker 1: surround Howard Stern, Right, you know, Donald Trump's whack pack,
Speaker 1: or will be the people in the briefing room asking questions,
Speaker 1: which doesn't mean, of course, the journalism dies. And honestly,
Speaker 1: when is the last time an intelligent and insightful question
Speaker 1: has been asked in the White House briefing room that
Speaker 1: anybody in America out of all three hundred and thirty
Speaker 1: million of us, should give a shit about when last month,
Speaker 1: month before, how about in the last year, two, what
Speaker 1: about one time in the last three years, four years?
Speaker 1: It's theatrics. It's a low rated conflict show. It's probably
Speaker 1: the most batal houred American life is the White House
Speaker 1: news briefing. And so Donald Trump's gonna do what he wants.
Speaker 1: He's gonna surround himself with friendly press. And I do
Speaker 1: think that Donald Trump Junior is previewing in form and
Speaker 1: fashion pretty close to what's going to happen. Question is
Speaker 1: what would John McCain think about all of this? What
Speaker 1: would he have said about all of this? And did
Speaker 1: his death and his absence create the conditions necessary for
Speaker 1: MAGA to rise. John McCain would have fought Donald Trump
Speaker 1: NonStop every step of the way on the basis of
Speaker 1: the rottenness of his character and his degradations and indignities
Speaker 1: towards the thing that Caine revered the most, which was
Speaker 1: the code of conduct of the Armed Forces of the
Speaker 1: United States, the traditions, the legacy of valor. He would
Speaker 1: have been deeply fronted and easily offended by everything that's
Speaker 1: gone on, he would have gone ballistic, a super nova
Speaker 1: of rage and indignation at the nomination of fools like
Speaker 1: Pete Hagsath and Tulsey Gabbard. He would have stopped them.
Speaker 1: He would have done everything he could to stop them,
Speaker 1: would have rallied support. And I don't think that they're
Speaker 1: necessarily going to make it into their offices, but for
Speaker 1: sure they would not have if John McCain was still alive.
Speaker 1: But beyond that, and this is not going to be
Speaker 1: politically correct, and I'm going to get in trouble, but
Speaker 1: I'm going to give an answer to the question through
Speaker 1: the pre of who I am, which is a fifty
Speaker 1: four year old dude board in New Jersey in nineteen
Speaker 1: seventy who has a particular level of contempt for the
Speaker 1: softness and the weakness and the utter lack of principle
Speaker 1: by people like Lindsay Graham. So there's a word that
Speaker 1: guys use when they talk to each other. That's not
Speaker 1: a nice word. It's one that precedes cat and it
Speaker 1: starts with P and it's a cutting and degrading word.
Speaker 1: Toxic masculinity is sometimes used as the phrase to describe
Speaker 1: its use and all of this. And I think one
Speaker 1: of the things in this election that men, Hispanic men,
Speaker 1: black men, white men have tried to communicate to people
Speaker 1: across the country is stop with the lecturing and stop
Speaker 1: with the hectoring, and stop telling us what word we
Speaker 1: can say and can't say. But nearly all of the Republicans,
Speaker 1: all of the sycophants around Trump, not only deserves to
Speaker 1: be called that word, they deserve to have it tattooed
Speaker 1: across their chest in a version of the Yellowstone brand.
Speaker 1: And most importantly, the person who would have been the
Speaker 1: one to most partially bestow it on them and place
Speaker 1: the brand into their chest would have been John McCain,
Speaker 1: who was many many things, but the P word was
Speaker 1: not one of them. So the truth is a watch
Speaker 1: Morning Joe with Bob Woodward. What you're seeing is uh.
Speaker 1: And though you can't call him a he is and
Speaker 1: in the world of the Trump can trample everything in
Speaker 1: his say. And John McCain was very offended by people
Speaker 1: who are who let bullies like Trump trample over everything
Speaker 1: that they care about. And so the thing that John
Speaker 1: McCain would have thought about and the moment before he
Speaker 1: stood up to address his colleagues, castigate them, shame them,
Speaker 1: and call them out. Is what a bunch of they were,
Speaker 1: starting with his friend Lindsey Graham, who he would have mocked, derided, shamed,
Speaker 1: laughed at, scorned, and humiliated at a level that is
Speaker 1: beyond my comprehension, that is beyond my ability to articulate,
Speaker 1: because he would have stood up in front of all
Speaker 1: the senators, ended his friendship. If Lindsey Graham acted like
Speaker 1: this and he would have said, lindsay you're a it
Speaker 1: would have fit the whole country. We would have understood it.
Speaker 1: But tragically we can't say that word out loud anymore,
Speaker 1: and we needed it in some ways, we need it
Speaker 1: more than ever. I'm Steve Schmidt. This is the warning
Speaker 1: and I invite you to join. Subscribe on our substack,
Speaker 1: on our YouTube channel, follow us. Welcome to the community.