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The MeidasTouch Podcast

Panicked Trump Reeks of Fear as Markets Get Twisted

Thu, 10 Apr 2025

Description

MeidasTouch host Ben Meiselas reports on Donald Trump’s pathetic behavior as he reverse course on most of his tariffs and engaged in other despicable behavior. Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

Audio
Transcription

Chapter 1: Did Donald Trump reverse his tariff policy?

0.149 - 23.441 Ben Meiselas

So did Donald Trump blink yesterday? Was he terrified seeing the bond market implode? Was he manipulating the market? Was he just trying to do another distraction? Was it all of the above? Let's explore and let's not ignore some of the other disastrous things Donald Trump did yesterday, like signing executive orders, directing the Department of Justice to investigate the

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23.741 - 51.203 Ben Meiselas

Miles Taylor and Chris Krebs, because he said that they believe that the election from 2020 was not stolen. And because he believes the election was stolen and they're outspoken against Donald Trump's election lies, they need to be criminally investigated. Let's be clear. We are all Chris Krebs and Miles Taylor. Donald Trump is just waiting for the time to go after all of us.

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51.323 - 76.302 Ben Meiselas

But let's explore first the financial and let's go into some of these other areas. So right yesterday, Donald Trump announces, voila, these big, beautiful tariffs that are going to make us all rich. He's pausing the tariffs on the entire world that he imposed. based on a fake formula. Other than China, he raised the tariffs against China to 125%, but the rest of the world will be tariffed at 10%.

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76.682 - 101.164 Ben Meiselas

But all of those other tariffs that were above that 10% based on that fake formula, those would be paused for a 90-day period. So here's the headline from the Wall Street Journal, why Trump blinked on tariffs just hours after they went into effect. Treasury Secretary Scott Besson helped persuade Donald Trump to take time to negotiate with trading partners in face of pressure from business leaders.

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101.184 - 118.295 Ben Meiselas

So Donald Trump gave press conferences yesterday where he said he was scared. Things weren't going as planned. The markets were getting spooked. And he was using words like that. Treasury Secretary Scott Besson, Trump's propagandist Caroline Levitt said, this was all part of the art of the deal. This was all part of the plan.

118.835 - 140.602 Ben Meiselas

So the plan was to lie to the people, lie to the markets, lie to corporations, lie to the world, crash the markets, wipe out $10 trillion from the markets, and then say that was the plan to begin with. And you think that you haven't lost all credibility? Well, you've already lost it pretty much months ago, and I think even before then, if anybody's ever been paying attention to this. But

141.162 - 159.922 Ben Meiselas

Let's keep going. I want to talk about market manipulation soon. I'm going to do a whole video, by the way, on market manipulation this morning. I want you to watch that. I'm going to post that soon on the YouTube channel where I will break it down from a legal perspective what I would investigate the questions I would ask. Take a look at this headline from the New York Times.

160.402 - 176.341 Ben Meiselas

from be cool to getting yippy inside Trump's reversal on tariffs. Economic turmoil, particularly a rapid rise in government bond yields, caused President Trump to reverse course on the steep levies. The real credit Mr. Trump's advisors admit privately.

177.202 - 203.692 Ben Meiselas

should go to the bond markets trump's decision was driven by fear that his tariffs gamble could quickly turn into a financial crisis directly attributable to only one man as scott galloway explained so as a result what trump did is he pulled the knife halfway out of the economy's back But the injury, no longer a reliable trading partner, will take years to heal. Hashtag stupid.

Chapter 2: Why did Trump pause tariffs and what are the implications?

877.157 - 896.412 Ben Meiselas

Which is due process. If the evidence shows that he's MS-13 and he's a criminal, then the guy should be in jail forever, you know, or whatever the time the judge sentences him to. We all think bad gang members and people who commit crimes should go to jail. What the Trump regime wants to do here, though, after saying he's MS-13, is send him to El Salvador.

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896.672 - 920.807 Ben Meiselas

So they want to dismiss it, snatch him, disappear him to El Salvador versus go through a trial. Now, here's the thing. The Trump regime was bragging on March 5th about extraditing, bringing people into the United States who are MS-13 to try them in the United States legal system. That's not uncommon to bring these gang members in who are coordinating gang activity abroad.

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921.207 - 940.276 Ben Meiselas

not to let him free on the streets, to put him in prisons in the United States. We have a due process system. And then it goes through a process where they're charged and there's prosecution the way like El Chapo was found guilty. He was in the highest prison facility that there is, highest guard of prison facilities, went through a process, guilty.

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940.856 - 960.736 Ben Meiselas

because there's supposed to be more security here than in the Mexican prisons when Chapo left. So what are we talking like? What are we even talking about here? They want to disappear people, and they think that they have a green light to do that right now. Also, the House of Representatives... introduced a bill, H.R.

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961.456 - 980.921 Ben Meiselas

1526, to basically stop federal judges from issuing nationwide injunctions, which the Trump judges did all the time under the Trump administration. That passed the House. It goes to the Senate. I don't think the Senate's going to pass that at all. You know, one of the interesting things, though, as they talk about all these activist judges,

981.621 - 1002.453 Ben Meiselas

A lot of these judges are appointed by George W. Bush, who are issuing injunctions against Trump. Judge McFadden, who issued the injunction reinstating the Associated Press in the White House after Trump blocked the Associated Press because they called the Gulf of Mexico, Gulf of Mexico, not the Gulf of America. Judge McFadden, a Trump appointee.

1002.893 - 1027.681 Ben Meiselas

So all these activist judges, you mean your own judges? George W. Bush judges? Sure, judges appointed by Biden and Obama and others. But their injunction frequency is because you frequently are committing crimes and violating the law. That's why. Two other stories I want to mention right now. Number one, a Delaware judge has made a finding that Newsmax affirmatively defamed Dominion.

1028.362 - 1050.653 Ben Meiselas

This is a legal finding, meaning the trial will now just be about damages. You'll recall Newsmax went public. The stock went up to like $100 and then kind of pumped up and it looks like a Trump meme coin or the American economy right now. And then it crashed to like, I think it's at like 33 right now, but it's still got a market cap Pretty freaking high right now.

1051.594 - 1076.736 Ben Meiselas

And so Newsmax going to trial next month just on damages. They've been found liable for the conduct itself of defaming. So it's just the money at this point. So I think Dominion's well placed for either getting a huge settlement bigger than Fox, especially now that Newsmax went public. But we'll be following that story right there. And also yesterday, I'll do a whole video on this as well.

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