1 00:00:00,200 --> 00:00:03,640 Speaker 1: It's Friday, March twenty seventh. I'm Steve Schmidt, and this 2 00:00:03,720 --> 00:00:08,360 Speaker 1: is the week in review. This is the warning. The 3 00:00:08,400 --> 00:00:12,039 Speaker 1: first story of the week is the story of the economy, 4 00:00:12,400 --> 00:00:18,040 Speaker 1: and the economy is in trouble. Gas prices are rising quickly. 5 00:00:18,239 --> 00:00:24,400 Speaker 1: The national debt is surging trillions of dollars in recent months. 6 00:00:24,880 --> 00:00:28,160 Speaker 1: Some say it is the greatest threat to our long 7 00:00:28,280 --> 00:00:29,280 Speaker 1: term security. 8 00:00:29,800 --> 00:00:34,080 Speaker 2: You posted this tweet just yesterday or earlier today. Our 9 00:00:34,120 --> 00:00:38,280 Speaker 2: debt is our national security crisis. No foreign army threatens 10 00:00:38,280 --> 00:00:43,559 Speaker 2: America like our own reckless spending does. Washington refuses to 11 00:00:43,680 --> 00:00:46,400 Speaker 2: say it. I will. The debt is now over thirty 12 00:00:46,520 --> 00:00:49,120 Speaker 2: nine trillion dollars. Is this hopeless? 13 00:00:50,840 --> 00:00:53,560 Speaker 3: Well, the thing is is the current war makes it worse. 14 00:00:53,960 --> 00:00:56,400 Speaker 3: We're spending about one to two billion dollars a day. 15 00:00:57,040 --> 00:00:59,200 Speaker 3: My prediction is within the next month or two, there'll 16 00:00:59,200 --> 00:01:02,640 Speaker 3: be a request for military supplemental. They've already said that 17 00:01:02,720 --> 00:01:05,560 Speaker 3: they'll need fifty to one hundred billion for the military. 18 00:01:05,959 --> 00:01:08,000 Speaker 3: But while they're at it, while they're printing the money 19 00:01:08,000 --> 00:01:10,600 Speaker 3: and handing it out, the farmers need twenty to twenty 20 00:01:10,600 --> 00:01:13,280 Speaker 3: five billion because the tariffs are hurting them rather than 21 00:01:13,720 --> 00:01:16,440 Speaker 3: you know, reduce the tariffs that are hurting them, or's 22 00:01:16,480 --> 00:01:18,720 Speaker 3: going to give the farmers twenty to twenty five billion. 23 00:01:19,440 --> 00:01:24,039 Speaker 1: Trump denies the gas prices, he denies the debt, and 24 00:01:24,520 --> 00:01:29,160 Speaker 1: Donald Trump says this is the best the American economy 25 00:01:29,360 --> 00:01:30,200 Speaker 1: has ever been. 26 00:01:31,200 --> 00:01:34,759 Speaker 4: So in just a few moments, Treasury Secretary Scott Bessett 27 00:01:34,760 --> 00:01:39,039 Speaker 4: will discuss the actions that were taking to address energy prices, 28 00:01:39,080 --> 00:01:42,080 Speaker 4: which have not gone up as much as I thought, Scott, 29 00:01:42,120 --> 00:01:44,399 Speaker 4: to be honest with you, and you know, it's not over, 30 00:01:44,560 --> 00:01:47,160 Speaker 4: so maybe it'll go up a little bit more. It's 31 00:01:47,200 --> 00:01:48,880 Speaker 4: all going to come back down to where it was, 32 00:01:48,920 --> 00:01:52,760 Speaker 4: improbably lower. And my predictions have been right. Trump was 33 00:01:52,840 --> 00:01:53,480 Speaker 4: right about. 34 00:01:53,280 --> 00:01:57,520 Speaker 1: Everything, but the searge and gas prices and the rising 35 00:01:57,640 --> 00:02:03,240 Speaker 1: prices on food and on everything would seem to disagree. 36 00:02:03,280 --> 00:02:06,440 Speaker 5: Meanwhile, across the globe, the economic strain of this war 37 00:02:06,640 --> 00:02:10,120 Speaker 5: in Iran continues to deepen. Average gas prices are poised 38 00:02:10,160 --> 00:02:14,280 Speaker 5: to hit about four dollars according to Triple A. Diesel gas, 39 00:02:14,280 --> 00:02:17,200 Speaker 5: which of course fuels the trucks that transport all the 40 00:02:17,200 --> 00:02:20,280 Speaker 5: goods that we need, hit seven dollars a gallon in 41 00:02:20,360 --> 00:02:22,760 Speaker 5: some areas of the West Coast yesterday, with the average 42 00:02:22,800 --> 00:02:26,480 Speaker 5: price nationwide now forty seven cents short of an all 43 00:02:26,520 --> 00:02:29,040 Speaker 5: time record. And it's not just oil and gas. The 44 00:02:29,040 --> 00:02:32,000 Speaker 5: straight Offord Moves blockage is increasing the cost of all 45 00:02:32,040 --> 00:02:35,160 Speaker 5: sorts of fertilizer chemicals that are essential for food production. 46 00:02:35,639 --> 00:02:37,960 Speaker 5: And this is all happening at the worst possible time 47 00:02:38,040 --> 00:02:42,600 Speaker 5: for farmers because it's just before their spring planting season. Meanwhile, 48 00:02:42,680 --> 00:02:45,920 Speaker 5: the Postal Service announced an eight percent increase in the 49 00:02:45,960 --> 00:02:49,160 Speaker 5: prices there to offset the rising transportation costs. We're all 50 00:02:49,160 --> 00:02:51,880 Speaker 5: going to feel that United Airlines warrn travelers that they 51 00:02:51,880 --> 00:02:55,240 Speaker 5: could see a roughly twenty percent increase in fares. 52 00:02:56,560 --> 00:02:59,800 Speaker 1: The second major story of the week, and the caw 53 00:03:00,680 --> 00:03:04,880 Speaker 1: of the rising prices we just talked about, is the 54 00:03:04,919 --> 00:03:09,800 Speaker 1: Iran war, which is entering its second month with no 55 00:03:10,040 --> 00:03:14,600 Speaker 1: end in sight, despite Donald Trump saying the war is over. 56 00:03:15,280 --> 00:03:18,000 Speaker 1: On a human level, how hopeful are you that this 57 00:03:18,080 --> 00:03:20,480 Speaker 1: peace deal will work out? I guess a human as 58 00:03:21,480 --> 00:03:23,239 Speaker 1: on a human level, and not as the president of 59 00:03:23,280 --> 00:03:24,160 Speaker 1: the United States. 60 00:03:24,639 --> 00:03:26,720 Speaker 6: How hopeful are you that this peace steal will work out? 61 00:03:26,720 --> 00:03:27,240 Speaker 2: Will be wrong? 62 00:03:28,200 --> 00:03:31,600 Speaker 7: You're talking about to end it? Well, I think we're 63 00:03:31,600 --> 00:03:34,040 Speaker 7: going to end it. I can't tell you for sure. 64 00:03:36,720 --> 00:03:38,960 Speaker 7: You know, I don't like to say this. We've won 65 00:03:39,040 --> 00:03:41,960 Speaker 7: this with this war has been won. The only one 66 00:03:42,000 --> 00:03:43,920 Speaker 7: that likes to keep it going is the fake news. 67 00:03:43,960 --> 00:03:45,480 Speaker 7: I mean the New York Times. You read the New 68 00:03:45,520 --> 00:03:48,320 Speaker 7: York Times. It's like we're not winning a war where 69 00:03:48,320 --> 00:03:50,440 Speaker 7: they have no navy and they have no air force 70 00:03:50,480 --> 00:03:50,800 Speaker 7: and they. 71 00:03:50,720 --> 00:03:51,360 Speaker 8: Have no nothing. 72 00:03:52,280 --> 00:03:55,880 Speaker 1: In one breath, it's over, and in the next it's 73 00:03:56,080 --> 00:03:56,840 Speaker 1: just beginning. 74 00:03:57,920 --> 00:04:02,720 Speaker 4: The opposite of desmin. I don't care. I want to know. 75 00:04:02,800 --> 00:04:05,000 Speaker 9: In fact, we have other targets we want to hit 76 00:04:05,680 --> 00:04:09,000 Speaker 9: before we leave. We're hitting them on a daily basis. 77 00:04:10,080 --> 00:04:13,040 Speaker 9: I'm talking about you. I can't talk about specifics. A 78 00:04:13,040 --> 00:04:14,760 Speaker 9: lot of people say that wouldn't meant it. Maybe it 79 00:04:14,760 --> 00:04:15,680 Speaker 9: doesn't matter who knows. 80 00:04:16,760 --> 00:04:21,200 Speaker 1: It's the cycle of threat and back down and threatened 81 00:04:21,240 --> 00:04:26,200 Speaker 1: again and a declaration of victory. Here we are watching 82 00:04:26,279 --> 00:04:31,760 Speaker 1: Pete Hagsath declare he negotiates by dropping bombs. 83 00:04:31,920 --> 00:04:34,640 Speaker 10: Or the air campaign that we've conducted that Israel's conducted 84 00:04:34,680 --> 00:04:37,760 Speaker 10: alongside us was one for the history books, truly, And 85 00:04:37,760 --> 00:04:39,440 Speaker 10: it's because we have a president of the United States 86 00:04:39,480 --> 00:04:41,960 Speaker 10: that when he sends his war fighters out to fight, 87 00:04:42,360 --> 00:04:45,400 Speaker 10: he unties their hands to actually go out and close 88 00:04:45,400 --> 00:04:48,200 Speaker 10: with and destroy the enemy as viciously as possible from 89 00:04:48,240 --> 00:04:50,760 Speaker 10: moment one. And that's why we see ourselves as part 90 00:04:50,800 --> 00:04:55,440 Speaker 10: of this negotiation as well. We negotiate with bombs. 91 00:04:56,000 --> 00:05:01,920 Speaker 1: The Iran war is failing, Iran trolls the Strait of Hormuz. 92 00:05:02,600 --> 00:05:07,760 Speaker 1: Iran has attacked the global economy, and the result for 93 00:05:07,880 --> 00:05:13,240 Speaker 1: the attack is that Donald Trump has waived the sanctions 94 00:05:13,279 --> 00:05:17,560 Speaker 1: on the sale of Iranian oil, meaning they have accomplished 95 00:05:17,720 --> 00:05:23,159 Speaker 1: with war what they could not accomplish with negotiations. It's 96 00:05:23,200 --> 00:05:27,520 Speaker 1: a dangerous lesson, to say the least. And the last 97 00:05:27,560 --> 00:05:30,720 Speaker 1: story of the week is that everybody sees all of 98 00:05:30,760 --> 00:05:34,919 Speaker 1: this clearly. Support for Donald Trump is hitting as low 99 00:05:35,240 --> 00:05:39,080 Speaker 1: as thirty percent in some polls, and in this one 100 00:05:39,560 --> 00:05:44,280 Speaker 1: at thirty six percent approval, sixty two percent of the 101 00:05:44,320 --> 00:05:49,360 Speaker 1: country not approving, and yet Trump, they sees more popular 102 00:05:49,760 --> 00:05:50,279 Speaker 1: than ever. 103 00:05:50,960 --> 00:05:53,280 Speaker 8: We did it just because we want to be nice 104 00:05:53,279 --> 00:05:53,640 Speaker 8: to him. 105 00:05:53,839 --> 00:05:54,520 Speaker 7: We don't need it. 106 00:05:54,920 --> 00:05:59,479 Speaker 8: But I think I'm more popular than I ever have been. 107 00:05:59,760 --> 00:06:02,520 Speaker 8: Look when he heard one hundred percent, he said, I've 108 00:06:02,520 --> 00:06:04,599 Speaker 8: never seen a Paul like this. Is the craziest Paul 109 00:06:04,640 --> 00:06:07,640 Speaker 8: I've ever said. It was one hundred percent of the people. 110 00:06:07,920 --> 00:06:10,880 Speaker 8: And the reason is they like that I'm protecting our 111 00:06:10,920 --> 00:06:14,880 Speaker 8: country from lunatics with a nuclear weapon. 112 00:06:15,640 --> 00:06:19,680 Speaker 1: He is surrounded by sycophants who tell him he is 113 00:06:19,720 --> 00:06:23,920 Speaker 1: a Napoleon, that he is a genius. They flatter him, 114 00:06:24,240 --> 00:06:27,960 Speaker 1: they applaud for him, they praise him, and they kiss 115 00:06:28,040 --> 00:06:29,080 Speaker 1: his ass some more. 116 00:06:30,000 --> 00:06:32,880 Speaker 6: The President has done so much for the American people, 117 00:06:32,880 --> 00:06:35,960 Speaker 6: and we want to honor him in some small ways, 118 00:06:35,960 --> 00:06:39,480 Speaker 6: some token of our appreciation for his leadership. And so 119 00:06:39,560 --> 00:06:44,920 Speaker 6: tonight we have created a new award. We have We're 120 00:06:44,920 --> 00:06:47,479 Speaker 6: going to do something we've never done before. We're going 121 00:06:47,520 --> 00:06:49,400 Speaker 6: to honor him with a new award that we will 122 00:06:49,440 --> 00:06:52,640 Speaker 6: present annually from this point forward. But he is the 123 00:06:52,720 --> 00:06:58,279 Speaker 6: suitable and fitting recipient of the first ever America First Award. 124 00:06:58,360 --> 00:07:00,440 Speaker 6: We can think of no better title for what that is. 125 00:07:01,600 --> 00:07:05,880 Speaker 1: But the American people aren't on the patio at Maraligo. 126 00:07:06,000 --> 00:07:10,280 Speaker 1: The American people see that they've been lied to, they've 127 00:07:10,280 --> 00:07:14,680 Speaker 1: been abused, and they get that Donald Trump is corrupt. 128 00:07:15,000 --> 00:07:18,440 Speaker 1: They get that Donald Trump isn't on the level. And 129 00:07:18,480 --> 00:07:21,960 Speaker 1: so while Donald Trump is told he's great, seven out 130 00:07:22,000 --> 00:07:25,760 Speaker 1: of ten people in the country say enough. The three 131 00:07:25,800 --> 00:07:29,040 Speaker 1: stories this week are likely to be the three stories 132 00:07:29,160 --> 00:07:34,040 Speaker 1: next week. The economy it sucks. The war, We're losing. 133 00:07:34,440 --> 00:07:39,320 Speaker 1: Donald Trump's approval it's cratering. All of those things will 134 00:07:39,360 --> 00:07:43,280 Speaker 1: come together, and all of those things will define the 135 00:07:43,400 --> 00:07:47,400 Speaker 1: days ahead. I'm Steve Schmidt. This is the week in review. 136 00:07:48,040 --> 00:07:51,360 Speaker 1: I'm Steve Schmidt. This is the warning. I invite you 137 00:07:51,440 --> 00:07:54,480 Speaker 1: to join this community, where I promise to be honest, 138 00:07:54,720 --> 00:07:58,120 Speaker 1: blunt and direct about what is happening in this country. 139 00:07:58,520 --> 00:08:02,840 Speaker 1: America is in crisis. Follow and subscribe to this channel 140 00:08:03,200 --> 00:08:07,080 Speaker 1: and on Substack. Become a member today and gain special 141 00:08:07,160 --> 00:08:11,480 Speaker 1: access including badges and free content and more. Thank you 142 00:08:11,760 --> 00:08:13,240 Speaker 1: for your support.