On this episode of the MeidasTouch Podcast: Republicans torpedo their own bill to fund the government after Elon and Trump inject chaos into the process; The brothers reflect on their interview with President Biden; and more! Ben, Brett and Jordy break it down! Subscribe to Meidas+ at https://meidasplus.com Watch Ben’s interview with President Biden: https://youtu.be/TJfOAjUleTc Deals from our sponsors! Netsuite: Do you know your own numbers for your business? Download NetSuite’s ultimate KPI checklist right now at https://netsuite.com/meidas Americans United: Join in the fight: https://au.org/meidas Manukora: Head to https://manukora.com/MEIDAS to get $25 off your Starter Kit! OneSkin: Get started today at https://OneSkin.co and receive 15% OFF using code MEIDAS ZBiotics: Head to https://zbiotics.com/MEIDAS to get 15% off your first order when you use MEIDAS at checkout. 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
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Bye bye, MAGA Mike Johnson. Is MAGA Mike Johnson on the verge of losing his speakership? Is he about to be fired despite sucking up to Elon Musk and Donald Trump in Trump's private jet and at the UFC fights? They look so good in the photographs together. But now MAGA Mike Johnson tried to keep government open and not have a catastrophic shutdown.
And don't you ever do that with Elon Musk and Donald Trump who have other intentions. We'll break down the mess concerning this continuing resolution debacle brought to you by the MAGA Republicans. The Midas Dutch Network. landed a big interview with President Biden in the West Wing of the White House.
By now, I hope you watch that interview on the Midas Touch YouTube channel or listen to it on the Midas Touch audio podcast version. It was an incredible honor that we share with all of you the Midas Mighty. We will break down that interview. how it went down and our reflections of it. Also, the market's not a big fan of Donald Trump. Before today, there was a 10-day Dow Jones decline streak.
First time that's happened in 50 years since 1974. And that comes on the heels of Donald Trump going to the New York Stock Exchange and being asked the most softball of softball questions by business propagandist Jim Cramer. Sir, do you think American workers should invest in the stock market? Response by Trump.
i don't know i would be worried if there was a dip about what would happen to their money dude your entire campaign was accordion hands saying that you were going to make everything so much better even though the stock market's up more than 50 percent under president biden than you now you're talking about dips how it's going to be too hard to bring down prices meanwhile while the federal reserve lowered interest rates by 25 by 25 basis points
They said that their intention to cut more of interest rates in 2025 is probably not going to happen thanks to the inflationary policies that Donald Trump is promising. Also, it is promising that Democrats look like they are punching back.
and finding their message calling out the oligarchy of Elon Musk and all of these Republican billionaires who are trying to plunder and pillage from we the people. We the people here at the Midas Touch Network are thrilled to fight on the front lines with you for our democracy. I'm Ben Myselish joined by Brett and Jordy. How you guys doing?
Doing great. Good to be here with you guys. Good to be here with all the listeners, all the viewers. Thank you so much. Thank you for all the incredible feedback on that interview with President Biden. Ben, incredible job. What a historic moment, and not just for us here at Midas Touch, but I think it's a historic moment for independent media in general.
The fact that such a major interview was landed not by the corporate media, but by the independent media, not a billionaire funded network, but by people who are pulling themselves up by their own bootstraps, supported by the emojis in your chats, your Patreon, your sub stack, all that stuff. Thank you so much from the bottom of our hearts. I'm excited to talk about that experience as well.
But man, it was quite the experience being out there in D.C., quite the experience being there in the White House face to face with President Biden. And if you haven't seen the interview yet, make sure you go and watch it now. Go, go. It's on our YouTube channel. It's the main video. Go watch it. Share it with a friend.
Let's make sure that as many people as possible see President Biden unfiltered, reflecting on his legacy, his regrets, his accomplishments, what he's going to do in the future and more. Check it out. Pass it around. It's also, of course, on the Midas Touch audio podcast, Apple podcast, Spotify. Check it all out. Jordy, how you doing?
doing great i can't wait for today's show and again i just want to start off and saying how truly humbled you know i am for this community once again just stepping up uh not a shocker here the brothers and i are not billionaires nor do we know billionaires this network isn't funded by billionaires or oligarchs we're not calling bezos to you know hey can you can you help us score this big interview we're not calling murdoch obviously for hey can you can you help us get this we're not doing that and it's not about us
It's the collective we hear, this pro-democracy community that made that interview with President Biden in the Roosevelt Room possible. Why? Because truth is golden, because facts matter, because this pro-democracy community is relentless every single day and your voices are being heard louder and louder and louder every single day.
And it's because of you that we were able to have that interview. So I just want to start off from the bottom of my heart. Thank you, Midas Mighty. Let's get into the show. Benji.
Jordy, that pronunciation of Bezos' last name, do you go Bezos because the billionaire oligarchy stings or that's what you're doing? You're doing that intentionally.
I'm doing it intentionally. I don't respect him enough to say his name correctly.
Just double checking. By the way, as Carl Quintanilla points out, there's a lot of rushing, stockpiling, and scrambling going on. It seems every time you pull up the Wall Street Journal right now, you get headlines like this all of a sudden, right?
They went from the stock market setting record highs, job reports exceeding expectations under President Biden, and now the Wall Street Journal and all of these right-wing publications that were all in on Trump. They're all publishing this now. Americans are stockpiling to get ahead of tariffs. Here's another headline. American companies are stocking up to get ahead of Trump's China tariffs.
Here's another one. Americans rush to buy cars and appliances before Trump's new tariffs. Like y'all realize it didn't have to be this way. Like you didn't have to go into stockpile, destroy yourselves mode. You know, we could have rode this one out. a few more years with President Biden, like y'all realize that, right?
But meanwhile, nothing is saying though, man of the people, while Americans are getting worried now and rightfully so about higher prices than Elon Musk making hundreds or what is it? Thousands of posts on the social media platform that he owns and basically amplifies himself and just other voices he agrees with.
There he is with a samurai sword in front of a bill that would keep the government open with the headline, kill the bill. That's right. Nothing says man of the people like imposing suffering on federal employees. That trickles down to the rest of us because government shutdowns can be very costly and very expensive. In fact, Elon Musk has been saying,
Nothing, no bills should be passed by Congress. Nothing until January 20th when Donald Trump takes office. He reiterates none. And he says that basically the government should stay just shut down until Trump takes over. That doesn't sound too efficient to me. Isn't the whole thing that Doge is supposed to be government efficiency?
Me thinks that's subterfuge for perhaps other intentions right here. I'll talk in a little bit more detail about this whole continuing resolution fight. I'll break it down in a way that you can understand what the hell we're all talking about. But now the main thing
that Trump and Musk seem to be asking for, or at least Donald Trump with this whole fight that they've manufactured, is to, wait for it, get rid of the debt ceiling forever so that Donald Trump can increase the debt to any level without hitting a so-called debt ceiling. Wouldn't you think that the whole concept of less debt, lower government spending, wasn't that their whole shtick that
You'd want to lower the ceiling or take away the spending. No, that's not what they want because it's all BS. But I'll break that down in just a moment.
I'm happy for them to expose it as all BS because the debt ceiling is the most annoying thing ever. I'm happy they finally realized that came around to what a lot of Democrats have been saying for a long time, that the debt ceiling has been used to hold these things hostage. So that Republicans can come in and then try to demand these cuts.
Remember, the debt ceiling is the things that have already, spending that has already been approved. This has been spending that has already been approved in legislation. So the debt ceiling really has just been a block. quite frankly, to actually being able to get our bills paid at the end of the day. It's been used as a cudgel by the Republicans.
I think it's awfully convenient that now that Donald Trump is going to take office, that he is now pushing for the elimination of that debt ceiling, which was raised, by the way, I believe at least three times under Donald Trump, and we remember how the Republicans have weaponized this debt ceiling over the past few years under President Joe Biden.
But it just goes to show you that their interests, their beliefs are very malleable, and there's no such thing as them being consistent at all with any of these things. It's all, how is it going to benefit me right now? And right now, Donald Trump sees it in his benefit to remove this thing that, quite frankly, a lot of Democrats have been calling for for a very long time.
Meanwhile, they're pushing through all these really unpopular, putting all these things in this spending bill that are just wildly unpopular or rather removing things that are going to be very unpopular with the American people. We'll get into all of that.
But surprise, surprise, what's happening here is this is a very self-serving behavior by the House Republicans, by Elon Musk to benefit their own pockets, to benefit their own bottom line while screwing everyday Americans. I'm glad, though, that all this kind of Doge stuff is quickly being exposed as a complete and total scam this quickly. And you know what?
Public opinion is shifting on this issue as well. When you look at some of the recent polling out there about Elon Musk, I believe only like 41% of Americans right now, per a new poll, say that Elon Musk, that they like that Elon Musk is being involved in our government assets. at this level. That is a big drop off from what it has been.
And I think we're going to see that because the idea of a billionaire, an unelected bureaucrat who, by the way, unelected bureaucrats are who Elon and Vivek Ramaswamy have been yelling about all of this time. Now, ironically, they are the unelected bureaucrats and they are the shadowy billionaire figures who are coming after the American people.
And I think the American people are finally feeling and going to wait. I didn't vote for Elon Musk. I didn't vote for this guy. Who are you to tell me that I can't get this health care, this food stamp system, this whatever it is, whatever benefit it is. A billionaire is telling people that they have to suffer, that they have to experience hardship.
Well, that's actually Elon Musk's direct statement. He said that Americans need to suffer economic hardship, at least on a temporary basis, in order for him to put forward the vision that he says everybody will benefit when his vision is enacted, but there needs to be immediate suffering. Donald Trump's
Top trade representative is talking about immediate pain and suffering that needs to be inflicted on the American people when there is a decoupling from China. So they're talking about causing a lot of pain to the people. And the very first things that they target are programs that like help people, right?
Like the things they target are veterans benefits and then you have all of these, I put it in quotes, thought pieces that are out there from all of these financial magazines saying these military veterans get these lavish benefits. I mean, what are you talking about? Like that double amputees can get massages? Oh, the lavish benefits. benefits that they're getting.
People who served our country valiantly are being paid for the rest of their life because they're unable to walk or they have PTSD and they are unable to function or whatever their disability is. Their disability ratings are way too high, they argue. I mean, just think about with this continuing resolution bill, what they went back and cut and what they put back in, right?
Republicans cut, for example, a $190 million for pediatric cancer research. from the funding bill they go that's wasteful but then when it comes to u.s outbound investment in china bans um and limitations they go no no no no put that back in we need to have the u.s outbound investment in china but let's get rid of the pediatric cancer research and
it's things like wait it's not like there's a uh it's not like there's a billionaire car company owner who relies on those sort of foreign investments and oh wait a second now i think i understand why elon musk has sent hundreds if not thousands of tweets about this to sink it
i just love this idea that they're cutting waste and then the things that they end up they actually end up just adding more uh debt in the new bills that they keep creating and they just remove things that the oligarchs don't like this is the biggest scam that we are seeing and it's just happening right in front of everybody's face
And then you have all of these internet people, all of these people who are in Elon Musk's replies, people like MAGA influencer Cat Turd. Yes, that is the real name of a MAGA influencer chiming in on these bills, fighting for Elon Musk, fighting for the billionaire. And it's just such a sad indictment on our current politics.
But specifically on the Republican Party under this Trump and Musk sort of framing, where The government is really right now – these Republicans are petrified of random right-wing MAGA influencers on Twitter. Like that's who they are taking their orders from. That's who they're afraid of getting – they're afraid of mean tweets.
They're afraid of mean tweets from random people like people named capitalists. turd on Twitter. That just shows you how far this party has fallen and how unserious it is. And then you have a cat turd. You have these people literally fighting in the benefit of billionaires over the benefits of actual people under this complete scam of cutting government spending, which is not what's happening.
Well, look, you know, the big MAGA Republican event that's taking place over the next few days in Phoenix, Arizona, is called AmFest or American Fest. And Donald Trump's going to be speaking there and Trump's family is going to be speaking there. The oligarchs are going to be speaking there.
MAGA Mike Johnson was supposed to speak there, but MAGA Mike Johnson has now pulled out and canceled his appearance because he knows that he is now hated by MAGA. And why is he hated?
The same reason they hated Kevin McCarthy, because at a very bare minimum, he put forward this bill that says that the government should not be shut down, turning America into kind of this cataclysmic condition right before Christmas. And that is something – and he double-crossed Elon even though – I mean Maga Mike was probably caught off guard.
Maga Mike is probably like, dude, what are we talking about here? Like we all agreed to this. This is our Republican bill and now all of a sudden Elon Musk is like tweeting and then torching this like this is what I have to do. It goes back to what we said about Kevin McCarthy, which is –
You may have a position that looks like it's powerful, but you have zero power to exercise if you don't have free will and you're controlled by basically social media troll accounts that Elon Musk and Donald Trump throw your way. So Mike Johnson now is getting all of these comments from – These MAGA influencers like Laura Loomer cowered.
Savannah Hernandez, he didn't want to get booed by thousands of people. Robert Bortens, maybe he shouldn't have tried to betray the movement with his budget. Somebody felt the heat. AmFest should not invite people who suck. This isn't a new revelation when it comes to Johnson.
Now, the interesting question, Brett and Jordy, will be, it doesn't seem like MAGA Mike Johnson's going to keep his speakership. We should do the graphic analysis. of the lettuce and MAGA Mike Johnson to see who's going to last longer.
Oh, we should definitely do that graphic, 100 percent.
The question becomes is when MAGA Mike cannot get the votes necessary to become the speaker, which at this point, do you think he's going to get them? I don't think so. You need to have a speaker of the house to gavel in the new congress so you can count the electoral votes on January 6th and go through the certification of the election.
So what happens when they fire Maga Mike Johnson, there's no speaker on January 6th and Will they be able to certify the election? Will there just be kind of total chaos that's been caused? And let me kind of let you ponder this thought right here. So Donald Trump obviously interrupted, breached,
caused irreparable harm, was involved in an insurrection regarding the transition to President Biden, right? Didn't participate in the transition at all, didn't show up at the inauguration. By the way, I asked President Biden about that. I'll show some of those clips when we come back from our first quick break. So Trump screwed up that transition intentionally, recklessly, and maliciously.
Now, President Biden wants to make a smooth transition to Donald Trump because President Biden believes, even though he thinks Donald Trump's a threat, and you may agree or disagree with President Biden, that's what we do in this country. We act like adults. We hand it off in a way that empowers someone to be successful. What they choose to do with it is on them.
But Biden told me, and I'll show you the clip, President Biden said, look, Because that's what we do as American leaders. That's what the president's supposed to do. I'm carrying out my duty. But think about this. Trump now is interfering with the transition to himself by getting involved in these efforts and telling MAGA Republicans to shut down the government and to cause and create chaos
in a smooth transition that should go smoothly to him, even though I'm sure the pro-democracy community is upset that there's a transition going to him, but it is what it is. Think about that and think about what a chaos agent he already is. And my overall philosophy and thesis here, though, is very quickly on day one,
I think as corporate media has lost its power, as independent media like us are out there, we're showing the clips. We're telling the truth, right? We're being relentless. I think people are going to look at day one and say, wait a minute. You said you were going to stop the war against Ukraine, Russia's unlawful invasion on day one. That didn't happen. Wait a minute.
You said that you were going to lower gas prices at the price of eggs and all these things on day one and fix inflation. Wait a minute. It's going up. Wait a minute. The latest jobs report shows that jobs are decreasing. Wait a minute. The price of other goods are not going down. Wait a minute.
Elon Musk and all these billionaires are riding on their fancy yachts and wait a minute, you're out there doing these tax cuts for billions? Just think about this scene right here and I'll try to find the photo.
Remember that scene where they passed those tax cuts for the billionaires and it was like all white dudes who were like kind of clapping back in 2017 when they gave that massive handout to billionaires, which lead it to $8 trillion of debt among other things. And that's kind of put us in a position where right now, just think about that scene.
when they try to recreate it in this current environment right now where he's not able to ride on President Obama's coattails for the years that he was when he got there. Just think about what the American people are going to do when he does that. I think right away the American people are going to be absolutely pissed at this.
I think we're going to see some of the lowest approval ratings of all times. And I think once we start with these hearings of the cabinet members, people are going to be like – a lot of people aren't paying attention right now. I wish more people were. I know you are. We're out there educating people. Who – Tulsi, Hexeth, more polio? What in the world? Brett, I want you to talk about that.
I want to take our first quick break of the show. When we come back, we're going to talk about that President Biden interview. We'll talk more about what we were just saying about the continuing resolution.
talk economy talk holidays talk might as mighty um remind everybody patreon.com slash midas touch p-a-t-r-e-o-n dot com slash midas touch um we should do a zoom meeting where where you can all ask us questions about what it was like being at the white house and all of that i love that Patrons, we're so fortunate for you. And it helps grow this platform. Patreon.com slash Midas Touch.
Join it now if you can. We'll be right back after our first quick break. We wanna share an important message from our sponsor, Americans United for Separation of Church and State. If you care about abortion rights, LGBTQ plus rights, rejecting school voucher schemes, and fighting censorship, then guess what? You care about the separation of church and state.
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That's the letter A, the letter U, .org slash Midas. One more time, au.org slash Midas, thank you.
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Shout out to our pro-democracy sponsors, y'all. I love those reads. Brett, you definitely do look younger and more well-rested with that one skin, so I love it. Links in description of both YouTube and audio. Please use the links, use the codes, let them know we sent you. Benji, where to next?
I just want to explain the framework of how a bill becomes a law, and then I'm gonna show you these Biden clips, because I think it's important, right? Remember the Schoolhouse Rocks videos? I just think there isn't like civics understanding at all right now, right? That there are two chambers in Congress, there's the House of Representatives, there's the Senate, They both have to pass a bill.
It has to be reconciled so the language is agreed to by both. The bill then goes, once it's passed on the desk of the president, the president then signs it into law. Right now, the Democrats, for at least a short period of time, will continue to control the Senate. Chuck Schumer is the majority leader.
On the other hand, the MAGA Republicans control the House of Representatives through MAGA Mike Johnson. And because MAGA Mike Johnson and the House blocks anything and everything, President Biden, who got all of his agenda done when he controlled all three chambers at the beginning of his presidency, has been unable to do that since the MAGA Republicans took over the House of Representatives.
So the MAGAs have blocked everything from bipartisan immigration. immigration bills to other aspects that would help workers. All of that was being blocked. Heck, the House of Representatives is unable to even basically pass disaster relief. You have a lot of MAGA Republicans saying, why would we be given such by a bad impression of them? Because I'll do it again, though.
Why would we be giving our hard-earned taxpayer dollar to the people in North Carolina and the people in Florida and the people in all these areas that have been hit with the hurricanes?
When FEMA is out there doing this because they go and they can spread all of Donald Trump's conspiracy. So here's the thing. One of the most basic functions in the House of Representatives, because they have the power of the purse, is to put forward a budget, right? And to basically pass spending omnibus bills that deal with all of the major agencies and departments for the year.
But they couldn't pass a budget under MAGA, Mike Johnson. So instead, they do these what are called CRs, continuing resolutions, which basically says, all right, Four more months, an extension. Six more months, an extension. Three more months, we need an extension. And it basically keeps the government just running without actually doing their job of passing a budget.
And these MAGA Republicans like the student who the night before an exam goes, oh crap, I haven't even studied for this thing. They try to like scramble and put it all together kind of very quickly.
And so that's what MAGA Mike Johnson was doing this week because they're out there, you know, focusing on, oh, we got to ban a transgender congresswoman from the bathroom and we got to get on Sean Hannity and we got to do all of these things. But they don't do their most basic job, which is to just pass the budget so that our government can actually run. They don't want to do that.
So that's why we always get right to this point with Republicans. It's not a both sides issue. It's Republicans who run it this way. This was not the case with Democrats, at least in recent history. And then the Republicans run it. And then it's like, oh, my God, there's about to be a, you know, government shutdown, which could cause a recession.
75%.
Congress's approval rating is 25%, and it's run by the MAGAs. But because of gerrymandering, these people keep getting put into these positions because these districts are carved out in such ways that it's hard to not elect the people who are causing these problems to begin with.
It was one of the things in my interview with President Biden that he talked about wanting to fix and dedicate his time and career to after he leaves the Oval Office, which is to try to focusing on making government function again. President Biden was there not to be like a disruptor, but to be a calm, confident, normalizing voice.
And one of the things that President Biden told me is, look, what I want my legacy to be is that I kept my word and I did everything that I said that I was going to do. I didn't lie. I didn't exaggerate. I did the things I said I was going to do.
i brought us out of the cataclysmic condition our country was in as a result of trump's mishandling or you could say malicious handling of covid i got us to a place where we brought inflation under control which was caused by donald trump adding eight trillion dollars of debt and we were able to you know uh be in a position where i'm handing over the country.
I'm passing the baton in a good condition. That was my job as the president of all Americans, red state or blue state. That's what he said in the interview. Now, Donald Trump's out there already acting erratically and saying, I'm tariffing this, I'm tariffing that, I'm doing mass deportations, all these things that are frankly just very bad
for the economy and the economy is reacting a certain way. Brett will talk about that part in a little bit. But let's talk about this Biden interview, shall we, Brett, Jordy, Midas, Mighty? Let me give you my thesis before showing you some of the clips right here. I thought it was important that I gave a tough
interview, that I did the interview in a way that was fair, that I did it in a dignified way that was respectful of the Oval Office and President Biden's position, that I would push back appropriately where there were areas and questions that Americans were concerned about. But ultimately, my job
I thought as the interviewer was to do a throwback to what journalism once was, which was me as the journalist shouldn't be the center of attention. I'm not trying to hog the limelight and be me, me, me. Look at me. Look at me. I asked that question. I did a good gotcha question.
No, to me, it was to ask President Biden a series of insightful, difficult, controversial, but informative questions and listen. It's an important skill. Listen to what he was saying. He's the president of the United States and allow him to speak. And you could hear his plans, his philosophies without me interrupting.
By the way, for those who watch my interview style with governors and congressmembers and senators, that's how my approach is in general. And I feel a sense of pride for the whole mightiest mighty in how I think we ultimately implemented that strategy and really did an insightful, informative, personal interview where you got to see the side of him.
And I don't think really people got to see in the past four years because we allowed him or any of our subjects in an interview to speak and to talk and to explain their positions, not in sound bites, but from the heart. So that was my philosophy right there doing it.
Yeah, and I think he did a great job. I think we got to hear President Biden like we never heard President Biden before. And let's face it, he's not the kind of guy who's loud and boisterous like a Trump who's out there on TV every day posting all cap tweets and videos and all of that. So if I have one regret, it's just that President Biden wasn't doing anything.
these like weekly um over the past few years because i think it's great when the american people can hear from him directly ben i think you did a fantastic job i think you asked the right questions i think you uh asked tough questions but did it in a very respectful way where it felt like a conversation between two people about the state of the country about his presidency about his legacy about his accomplishments about the future felt a lot more conversational
than most interviews. And quite frankly, when I was watching it, it was like a palate cleanser in a way for me, because so many of the interviews that we have seen in these past few years have been so combative. And I think a lot of these people think they're going to get more information out of people by being like that, by being so cutthroat with everything.
And then what you end up doing is you actually don't let the individual speak. But there are ways of pushing back. There are ways of asking the right questions where you get the answers. And we were able, you were able, Ben, to get President Biden on the record, really reflecting on his presidency in a way that I have not seen anywhere else.
And I really haven't seen the president speak like this anywhere. I also, you know, I got to give a huge shout out also to this White House for understanding the value and the importance of independent media like no other White House has in history. The fact that they worked with us to do this interview in the first place, coming to the Midas Touch Network over one of the corporate networks.
I think that says a whole lot. Their engagement with creators, their engagement with independent media, no other White House in history has done that, especially at the scale that they have done that in this administration. So I have to give them credit as well for being very forward thinking.
And this is something that the president expressed to us both on camera and off camera, that he has a real belief in independent media being the kind of vanguard of truth going forward and playing an important role in our society when we see these news networks so fragmented, when we see these news networks really shift away.
from the old days, from what their mission used to be at uncovering the truth and instead at chasing the ratings, chasing the drama, chasing the palace intrigue. And so I think it's very cool that somebody, President Biden, especially at his age, can see the value of digital and see the value of what we're all doing here and what all the other creators are doing. in the space.
I got to give a shout out also to all the other creators who sent in their kind words about this interview and helped promote the interview and told their followers to watch from people like David Pakman and Adam Mockler and just all these incredible pro-democracy voices. I think it's important in these moments that we're just building up independent media,
as a whole, because we certainly do not have the resources, the money that these corporate networks have. But we have something that is far more powerful than that. We have a community. And if we band together these communities and grow all together, I think that is a powerful thing that cannot be ignored.
Perfectly said, B, and I just want to piggyback on that. I just want to say your descriptor was perfect. It was a palate cleanser type of interview because I felt that it was a more informative interview than I've seen in the past four years of people trying to be combative and making themselves the center. It's something...
You know, we make a conservative effort here if not to do is really put ourselves at the center of the attention, at the center of the stories, because it's not about us. We're a conduit for pro-democracy voices. So although you see Ben in the chair and Ben, you did such a wonderful job, it was incredible. I must have watched it like three or four times today. Really spectacular job.
Although you see Ben in the chair, it's the Midas mighty in this pro-democracy community that's in the room asking those questions. And I think you see that reflected in the questions and the pushback that Ben gave during the interview. This interview, again, does not happen without this community, without the pro-democracy community, without the Midas Mighty.
Y'all are the engine that keeps this thing going. So thank you very much. And we're here, again, to just be amplifiers of the voice of pro-democracy. And that's what we're going to do every damn day.
For me, which is what I'm about to say may sound counterintuitive because people go, Midas Touch, you're a political media company, but the politics itself actually does not interest me all that much. What interests me is people and politics as a tool to ultimately help people and improve people's lives.
I think that's the construct within which we've approached our entire network, which is, is this benefiting or harming people's lives? Then to analyze why are people also voting against their seemingly, their self-interest and that of their family to help people who, in my view, so obviously are trying to hurt them? To me, politics is this help, hurt, neutral kind of calculus.
Within all of that, I understand that there's For some people, help could be another person's hurt, so there's kind of compromises that ultimately need to happen. But that's kind of the framework that I view things out of. What became clear to me is that that's kind of how President Biden viewed things as well, that his ultimate focus was, what can I be doing to benefit the American people?
um each and every day and when he would wake up and go to sleep that'd be the main thing on his mind there was never a single thought in his mind and perhaps this is one of the things that he reflected on was probably a regret that he had in a little bit because he was so selfless and never actually thought about bragging about the stock market under him or bragging about his accomplishments or putting his name on american recovery act checks
His main focus was always, did I help the people? And that allowed a void to be filled, I think he recognizes, from the right wing to undercut his accomplishments and to overlay them with disinformation and to act like the ability to recover was— part of a problem when that problem was ultimately created by Donald Trump. But I'll show you those clips.
I want to hear Brett chat more on the economy. Let's take our last quick break.
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Brett, I asked President Biden, what will you do when Donald Trump starts to take credit for your programs? Infrastructure Act projects will start to be or continue to start popping up across the country. The Medicare prescription drug price cap at $2,000 a year for seniors, that kicks in in 2025. Watch his response to this question. Let's play it.
What are you going to do when the other guy goes out there bragging about accomplishments under you? The Medicare $2,000 cap is going to kick in in 2025. He's going to be out there saying, I did this. How is that going to make you feel when that happens?
Look, I've invested more in red states than in blue states, all these programs we just talked about. The reason for that was the red states didn't operate very well, and they really hurt their constituents. So those factories closed and the like. The fact is that I represent all of America, not just Democrats.
And I think what it's going to do is it's going to bring the country more together than separate it. And for example, you already have folks like Marjorie Taylor Greene and others saying, don't eliminate the factory after talking about the proposal that we're going to build that. It was the worst idea anybody's ever had. She didn't vote for it.
So I think there's going to be a bit of a comeuppance here. But the bottom line is I'm convinced that over time, the American public will respond to what is the intention of the party to try to help ordinary people. And the fundamental change I made, and I made a speech at Brookings Institution about it recently, was on the economy.
The fact is that we had a long time this idea of trickle-down economics. Let the wealthy do very, very well. They'll have so much money, it'll trickle down on people's kitchen tables and coffee tables and like, and everyone will benefit. I've never bought that theory. And so what I've decided to do was to change it to build the economy from the middle out and the bottom up.
Wealthy still do very well, but the middle class and working class people do much, much better. And that's exactly what's happening. And so I think the long-term prospects for the country
I mean, you listen to his answer, thoughtful, detailed facts, helping out all Americans regardless whether you're a red state or blue state. There's no drama. He wasn't saying, me, me, me, me, me. I alone can fix it. I can do this. I can do that. He talked about empowering the people and I thought that was a special moment.
I'm happy to share this too. After the cameras were off, that was actually a subject that President Biden continued to speak to you about when we were there in the room. And we were in the historic Roosevelt Room, which is right across from the Oval Office in the West Wing of the White House, which is just incredible.
President Biden emphasized after the interview also, I remember him saying to you something along the lines of, I just want the people to get these programs. I just want the people to be able to succeed. I want them to feel the positive effects of these things. And at the end of the day, I don't care who is getting the credit as long as the people are being taken care of.
I thought that really shows the difference in styles between somebody like a President Biden and a Trump who is all about me, me, me. He was very much more focused on how are these policies going to impact people's lives and ensuring that they do in fact positively impact people's lives.
I asked President Biden when history is told, what do you want your legacy to be? Watch this clip.
When history is all told, how do you want to be remembered? What do you want your legacy to be?
I kept my word that when I said I was going to do something, I did. And that my focus has always been about how to give ordinary people a shot. You've probably heard me say it before. My dad used to say, Joey, your job is about a lot more than a paycheck. It's about your dignity. It's about respect. It's about being able to look your kid in the eye and say, I'm just going to be okay and mean it.
It's about being able to be yourself and focus on people who need some help. And the vast majority of American people, all they want is a chance, just a chance, and they'll do fine. You see hope? I do. I am hopeful.
I mean, I want everybody to go and watch the full interview. It's on our YouTube channel. It's the main video on our YouTube channel. Watch it. Please share it with as many people as you can. It's one of the best ways you can help grow this platform. It's the best way.
know look we don't have outside investors we're not run by all we have zero outside investors just think about that okay corporate media didn't get that interview we got that interview with no outside investors so you know sometimes i'll be like hey if you can join patreon.com might as touch that goes a long way because i'm competing we're competing against entities that are
make like $15 billion a year and we're beating them. So, you know, part of me is like, all right, I got to stay scrappy and make sure that I'm growing this platform. And I don't love saying go to patreon.com slash Midas Touch, go to the Midas Touch sub stack as well. You know, check us out at MidasPlus.com. You know, look, I have to figure out creative ways to be scrappy here.
So that's why I say all of those things. And by the way, The great thing of MidasPlus.com as well though, Ron Filipkowski, our editor-in-chief, does these daily reviews of everything that happens in the day. It's quite literally the best recap of everything. And I've heard from so many journalists who are like, that's where I get my news from. I go to MidasPlus.com. So check that out as well.
But I digress. The point that I'm making though is share that Biden interview with everybody in your family. Whether they're MAGA people, they don't give a crap about politics, whether they're ultra into politics, whatever. Just thinking, you do me a favor and watch this 30 minutes. It's the perfect intro for people to learn about the Midas Touch Network, and that's the best way that you can help.
Brett, let me turn to you, though, for a second, because you heard President Biden saying, look, I kept my word. I made sure that I ran this thing with dignity. I wanted to respect people with what I said. I always wanted to be honest with them. On the other hand, you have Donald Trump making all of these promises that he's going to lower prices. He's going to do all of these things.
And now he's going back on their prices and it's having an economic impact. Brett, why don't you talk about it?
Well, let's talk about the economy in what I know is everybody's favorite segment here on the Midas Touch podcast. This is the NetSuite by Oracle Know Your Numbers Minute. That's right, folks. It's time for another NetSuite by Oracle Know Your Numbers Minute. And Ben, let's talk the economy, shall we? So the Federal Reserve on one day did make some cuts to its overnight borrowing rate.
to a target range now of 4.25% to 4.5% for context. That is back to the level that it was around December 2022. It's a cut of 25 basis points. And while on the surface, that should be good news for borrowers, right? The interest rates are coming down. This is something that everybody was hoping for.
The comments that the Fed made about the future, I think, are far more important, and the markets thought they were far more important, too, because the Fed said that they would probably only lower rates twice more in 2025, which is far less than they were originally planning for. Why? Over fears of inflations due to potential tariffs and trade wars that could be coming in the coming year.
So we're already seeing the impact of these future government policies under the future administration having an impact on the way the Fed is setting rates, on the way that economists are perceiving economic growth in the country for the year ahead, and how it is already beginning to impact the markets.
NetSuite helps you stay on top of all of the government economic policies in a very convenient way. And you could always be assured you'll have a quick adaptation to any new policies through their agile system updates. And so, as I was saying, after the Fed made that announcement, the major stock market indexes all dropped like crazy.
If you were watching the tickers as it happened, all of a sudden they just went way down just went down and so people who saw the initial headline that the fed lowered rates were like why why why would the why would the stock market come down shouldn't it be spiking up no because of those forward-looking indicators um where you have economists in the fed worried about
inflationary policies hurting Americans in the future. And so the Dow tumbled more than 260 points yesterday. The markets may have covered a little bit today, but it's been a pretty large losing streak over the past couple of weeks in the stock market since these policies have begun to kind of take hold in the markets as people start to think about what the future is. is going to look like.
And NetSuite also, they provide customization, which gives you customizable dashboards so that you can monitor specific economic indicators that impact your businesses. So that's the latest. That's what I got for you here on.
And Ben, as I reflect on that information, I think back to what you said earlier in this episode where we were speaking about how not only is President Biden providing for a smooth transition here, but Trump is once again kind of interfering and destroying the transition process. And we are seeing the effects of Donald Trump.
even before he takes office, the effects that his statements, his threats, his posts, his economic plans are having on markets, are having on people's 401ks, are having on people's cancer funding in the case of this bill, this continuing resolution. And so that's kind of a rare thing for a president to kind of throw away all of his political capital that he has before he even steps into office.
And that's what we're all witnessing. And it's going to get worse. You know, the important thing is that the American people understand where this pain is coming from. And that, I think, is the job of independent media and all of you out there to explain how Elon Musk and his billionaire buddies and Donald Trump are inflicting this suffering, which they said would happen on the American people.
It's why I really – so important to me to handle that interview ultimately the way it was done and that we don't just talk the talk on the show but actually walk the walk because that interview with President Biden is my overall vision, our overall vision for actually what
reporting should look like right it was uninterrupted i didn't like uh you know go for these like gotcha moments but i pressed him on areas that i thought were were tough um i um gave him an opportunity to explain his philosophy on things and you got to hear and have a clear picture of somebody.
Now, you may have disagreed with things, you may have agreed with things about what he said, but we got to hear him speak and going back to my philosophy before, I hate the horse race coverage of politics. I really don't want it to be like that because it treats all of this like a game. Then I think when people think that it's all a game as well,
and they buy into the gamification of it, they don't even realize that they're stepping into the very trap that the billionaire oligarchy is setting for them by choosing a team and then focusing on screwing over the other team but thereby also screwing over themselves.
And so I want us to look analytically and critically at these interviews and to really get a broader sense of what's going on there and how things ultimately you know, should be.
And we need to truly, you know, understand kind of what's important out there in our politics and and not chase these shiny objects like the media wants to chase a far too often because there is information that needs to get to the American people. And they may think that that's all that tension, all that yelling and putting people in a room and having them scream at each other and all that crap.
They may think that that is good for ratings and for clips online, but it doesn't inform the American people at the end of the day. And I think you want to walk away having learned something. You want to walk away getting a sense of who an individual is.
And Ben, especially in an interview like that, which is really an interview about legacy, really a reflection on the presidency, on President Biden as a person.
you know because you could have asked about the spending bill you could you know there's a million other directions but this is something that is going to stand the test of time um you know because it's not it's not linked to this specific uh week or few days in time that are going to be gone um you know in a couple days and never remember it again this is going to be there for the record for history as who president biden is was what he is all about what was on his mind
in the final days of his presidency. And that's why I think that's such an honor and so cool.
It was the first time I left my baby girl, Ximena, since she was born and left the state. But as I was doing it, I wanted to leave. For Ximena, who's unfortunately going to be growing up the first four years of her life with the other guy, as I referred to him in the interview, in that position, or Jordi's kid, or all of your kids and grandkids out there, I want them to have this.
And I want to remind them of these values that we had somebody in the office who represented decency, compassion, and was always putting the American people above himself. And was he perfect always? Absolutely not. But was the North Star always in the direction of the people? Absolutely. And I think that's what you leave the interview.
When you compare the calm, cool, collected President Joe Biden to the chaos of this Republican Party torpedoing their own bill today and – Just having an utter embarrassment. I mean, it shows you the difference between what an actual statesman looks like and what just a chaotic mess looks like. And President Biden is truly one of the last of his kind, in my opinion.
Ben, I just want to ask you while while while we got you here, just a personal question about the interview. Right. You were face to face. with President Biden? What was that experience like, even conducting an interview like this, sitting in that historic room, sitting in the Roosevelt Room, just feet away from the President of the United States?
Just give some insight to our audience on what that experience was like, because I think so few people in history have had that opportunity, and even fewer, obviously, with President Biden.
Well, I think that everything we did here and how we built this community brick by brick allowed that interview to just kind of feel very natural. Even though I was the one in the room, I felt you and Jordy by my side. I felt the Midas Mighty were there with me. And then I felt we were all there together. And frankly, it's that... philosophical framework that I didn't feel nervous.
I felt very comfortable in that moment. I felt, honestly, it's where not I should be. I felt it's where the Midas mighty should be getting answers at the highest level and creating this platform. And so I think that it was because of this journey together that actually made it all feel like it felt right. It felt like I felt that we were the right people to do it.
I felt that there was a great deal of trust placed in us to lead with the values that we built this network on. And I was confident because I know about the values of this network. how the interview was ultimately going to go. We were always well prepared, we're always well researched, and we always executed.
I'll tell you to show you a little bit of vulnerability after the interview as we were waiting to post it. That's when I got a little bit nervous and I was hoping that I just wanted to make sure that I made the community proud. And that's the part about me. I'm like, oh, I hope they like this. I hope that, and I knew they would, but you just never know.
And I was like, that was the part of me probably a half hour before we released it when I started feeling a little bit of butterflies was I just hope everybody felt that I gave everything I could and I channeled the community. So that's how I felt about it. To that point, we're doing a whole other hot take about how the Republicans torpedoed their own continuing resolution.
So I want to devote 15 more minutes to that. But I wanted to talk about these other issues here on this show because, again, I thought this show reflecting on the interview is more about that than – Republicans and Donald Trump killed their own bill. I'll do a whole hot take on that. Don't worry. Check the YouTube channel and watch that. But thank you, Midas Mighty.
This isn't possible without you. We're grateful for you. Share more about this network with more people. Let's keep on growing it. Thank you all so very much. Jordy, I'll let you take it away.
Shout out to the Midas Mighty. Hey, Midas Mighty. Love this report? Continue the conversation by following us on Instagram, at Midas Touch, to keep up with the most important news of the day. What are you waiting for? Follow us now.
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