Podcast Summary
New York AG case delay due to financial statement inconsistencies: The New York AG's case against Trump is ongoing, with financial statement issues causing a brief delay. Trump denies the verdicts, while his PAC and RNC face financial struggles. Biden has a significant cash on hand and focuses on economic growth, with the fastest growing economy in the world and record-breaking stock market highs.
The New York attorney general's civil fraud case against Donald Trump is still ongoing, and the verdict is anticipated next week. However, the monitor appointed over the Trump Organization found inconsistent, incomplete, and erroneous financial statements, leading to a brief delay. Meanwhile, Donald Trump continues to deny the verdicts and claim victory, while his political action committee and the RNC are in financial trouble. President Biden, on the other hand, has a significant cash on hand and is focusing on economic growth and standing up for workers and democracy. The economy is currently the fastest growing in the world, with record-breaking stock market highs, increasing consumer confidence, and decreasing inflation. Additionally, former Trump CFO Allen Weisselberg is reportedly considering taking a guilty plea for perjury in the New York attorney general civil fraud case. Overall, the economic data is showing positive signs, and President Biden's actions and policies are resonating with the American people.
President Biden vs. Republicans: Economic Priorities: President Biden focuses on economic fairness, while Republicans prioritize divisive issues, raising concerns about their commitment to the American people
During Donald Trump's presidency, he consistently worked against unions and American workers, while favoring tax breaks for billionaires. Now, under President Biden, there's a focus on creating a fair and level economic playing field. Meanwhile, the Republicans, led by figures like Marjorie Taylor Greene, continue to focus on divisive issues like impeachment hearings and the border, despite having the power to make a difference. The Republicans' refusal to compromise and work on bipartisan deals, such as a border bill or aid for Ukraine, raises questions about their commitment to keeping their word and serving the best interests of the American people.
Republicans worsening border crisis for political gain: Some Republicans deliberately worsen the border crisis to harm President Biden's approval rating and boost Trump's poll numbers
Some Republicans are deliberately worsening the border situation to help boost former President Donald Trump's poll numbers and potential election chances. This was evident in the words of Republican Congressman Troy Nehls, who openly admitted to wanting to harm President Joe Biden's approval rating by refusing to act on border security. This stance goes against the bipartisan efforts to address the crisis and has been criticized for being disingenuous. Despite denials, there is evidence that some Republicans, including Speaker of the House Kevin McCarthy, are taking orders from Trump on this issue. This behavior is contributing to the ongoing border crisis and the political polarization surrounding it.
Political discourse around border issues distracts from pressing matters: Republicans' focus on border sabotage and impeachment distracts from addressing economic, housing, public safety, national security, and border challenges
The political discourse surrounding border issues and the actions of certain Republican figures have been criticized for being performative and distracting from more pressing matters. Dan Crenshaw, a Republican, expressed disappointment over the attempts to sabotage a potential border reform bill and impeach Alejandro Mayorkas. Independent observers noted that these actions seemed to be driven by sensationalism rather than addressing the root causes of the border situation. The focus on issues like Secretary Mayorkas and Taylor Swift was seen as a distraction from addressing economic, housing, public safety, national security, and border challenges. The Republican party's behavior was described as out of touch and contrarian, targeting popular figures and brands without a clear counterculture agenda.
Inconsistent and bizarre actions of some MAGA Republicans: Some MAGA Republicans, like Marjorie Taylor Greene and James Comer, have been criticized for investigating Taylor Swift and Hunter Biden's personal matters during committee hearings, seen as a distraction from important issues, and lacking evidence in their investigations, leading to a humiliation for the Republican party and the country.
The actions of some MAGA Republicans, like Marjorie Taylor Greene and James Comer, have been inconsistent and bizarre, as evidenced by their recent focus on investigating Taylor Swift and Hunter Biden's personal matters during committee hearings. Their behavior has been criticized by Democrats and has been seen as a distraction from important issues, such as infrastructure and healthcare. Additionally, the lack of evidence produced in their investigations has raised questions about their motivations and the effectiveness of these hearings. Overall, the behavior of these MAGA Republicans has been seen as a humiliation for the Republican party and the country as a whole.
Politicians focusing on specific investigations instead of broader concerns: Politicians prioritize certain investigations over economic issues, with Trump's legal fees being a significant expense
During a recent discussion, it was highlighted that certain political figures and their parties are focusing on specific issues, such as investigations into Hunter Biden and Alejandro Mayorkas, instead of addressing broader concerns like the economy, prescription drug prices, and jobs. It was also revealed that Donald Trump's legal fees have been a significant expense, with his political action committees reportedly lending large sums of money to each other to cover these costs. Despite this, Trump has maintained that he did nothing wrong and that the cases against him are politically motivated. The hosts suggested an experiment to hold an after-show on Patreon and invited viewers to join by signing up and using the secret link provided.
Discover exclusive products and meet the hosts at Patreon: Learn about Armra colostrum for immune defense, temperature regulating bedsheets from Miracle Made, and save with discount codes from pro democracy sponsors
During the upcoming Zoom meeting, you can meet the hosts, me and Brett, by signing up at patreon.com/Midas Touch. Additionally, I shared my discovery of Armra colostrum, a product that strengthens the immune system and gut health. It's a sustainably sourced, exclusive source of essential nutrients that can optimize your immune defense during cold and flu season. I also introduced Miracle Made's temperature regulating bedsheets, which can help improve sleep quality by keeping you at the perfect temperature all night long. The sheets are infused with silver that prevents bacterial growth and are luxuriously comfortable without a high price tag. Use the code "Midas" at checkout to save over 40% and receive a free 3 piece towel set. Lastly, don't forget to support our pro democracy sponsors whose discount codes can be found in the podcast and YouTube description.
New York AG case against Trump Organization reveals serious issues: The Trump Organization faces potential penalties exceeding $1 billion due to inconsistent financial statements, phantom loans, and tax evasion allegations.
The ongoing civil fraud case against Donald Trump and the Trump Organization by the New York Attorney General is showing signs of significant findings. Retired federal judge Barbara Jones, serving as the independent monitor, recently reported serious issues, including inconsistent and erroneous financial statements, a $48,000,000 phantom loan, and potential tax evasion. These findings may lead to a more substantial penalty beyond the requested $370,000,000, potentially reaching $1,000,000,000. Furthermore, the New York Attorney General is requesting a long-term monitor to be appointed to the Trump Organization to prevent future fraudulent activities, potentially leading to more efficient and immediate legal actions. The delay in the verdict could be due to the impact of these findings on the remedy. Additionally, Trump's appeal for absolute immunity in the DC Circuit Court of Appeals is also ongoing, adding another layer of complexity to the case.
Legal proceedings against Trump cause delays: Trump's legal battles delay criminal cases, while Biden focuses on agenda and union support
The legal proceedings against Donald Trump are experiencing significant delays, with the DC Circuit Court of Appeals yet to rule on his absolute immunity claim. This delay could impact the timeline for the DC criminal case and potentially the Manhattan District Attorney's case. Meanwhile, Trump's former CFO, Alan Weisselberg, is reportedly in negotiations to plead guilty to perjury in the New York attorney general's civil fraud case. President Biden, on the other hand, has been actively engaging with labor unions, most recently meeting with the United Auto Workers in Michigan, solidifying his support from the union community. Despite the legal uncertainties, Biden remains focused on his agenda and building alliances.
UAW Union Endorses Biden for Re-election: The UAW Union, under its president Sean Fain, endorses President Biden's re-election due to his support for labor and opposition to Trump's record of harming workers and the economy
The United Auto Workers Union, represented by its president Sean Fain, is strongly advocating for President Joe Biden's re-election. Fain has been vocal about Biden's support for labor and his opposition to former President Donald Trump's record of screwing over workers and the economy. Trump's tenure was marked by tax cuts for the wealthy, economic turmoil, and a botched pandemic response resulting in over a million deaths. The UAW and Fain are clear about their stance: Biden is the better choice for workers and the economy. Biden himself spoke about his economic agenda and the progress made under his administration, including the creation of 800,000 manufacturing jobs and a strong economy. Despite negative media attention, polls show positive support for Biden.
New Poll Shows Biden Leading Trump by 6 Points: Biden leads Trump in hypothetical matchup, with a larger gender gap and support from independent voters. Other data and economic factors are also favoring the Democrats.
According to the latest Quinnipiac poll, President Biden now leads Donald Trump in a hypothetical matchup for the presidency with a 6-point advantage. This shift is due in part to a larger gender gap, with women supporting Biden at a 22-point advantage over Trump. Biden also leads independent voters by a significant margin. Other data, such as The Economist's poll and Moody's forecast, also show promising signs for the Democratic party. Additionally, the verdict in Donald Trump's fraud trial has been delayed until early to mid-February. In other news, Biden's team is reportedly using an AI to manipulate votes, while MAGA Republicans are using similar technology for nefarious purposes. The economy is also starting to influence voters' decisions. During the upcoming Patreon Zoom meeting, we will discuss these topics in more detail. To access the Zoom meeting, one must be a paid Patreon member.
Trump Campaign Finances and Fume's Simpler Alternative: Despite Fume's attractive alternative to vaping, Trump campaign finances raise transparency concerns, while the RNC had its worst fundraising year on record.
While Fume offers a natural, flavorful, and fidget-friendly alternative to vaping, the financial reports of Trump's political campaigns raise concerns about transparency and the allocation of funds. The complex web of transactions and high legal fees reported in the FEC reports leave room for questioning whether all the funds are being used appropriately. Meanwhile, the RNC had its worst fundraising year since 1993, potentially due to donor skepticism regarding how their contributions are being used. In contrast, Fume provides a simple, enjoyable, and healthier habit to replace vaping, with its adjustable airflow dial, movable parts, and magnetic components designed for stress relief. Try Fume today and enjoy a good habit with a 10% discount using the code Midas.
Republican Party's Financial Instability and Internal Strife: The Republican Party, under Trump's influence, faces financial instability due to mismanagement and infighting, while technology poses a threat to election integrity with dirty tricks and misinformation.
The Republican Party, particularly under the influence of former President Donald Trump, is facing significant financial instability and internal strife. Trump's history of financial mismanagement and the party's focus on destructive politics, grifting, and infighting have led to a decline in fundraising and a lack of cohesion. Additionally, the increasing use of technology, such as AI, for dirty tricks and misinformation poses a significant threat to the integrity of elections. The situation is further complicated by the growing number of controversial figures within the party, like Lauren Boebert, who have been arrested or involved in scandals. The Republican Party's current state raises concerns about its ability to effectively represent and serve the interests of the American people.
American economy leading global recovery from pandemic: Policies like Inflation Reduction Act, Bipartisan Infrastructure Law, and CHIPS Act boost American economy, resulting in record-breaking crude oil output, lower healthcare costs, and Medicare offering lower drug prices.
While the use of AI technology in deception and manipulation of online information is a concern, it's important to remain informed about economic progress. The American economy is currently leading the recovery from the COVID-19 pandemic, surpassing the growth of other major economies. This is due in part to policies such as the Inflation Reduction Act, the Bipartisan Infrastructure Law, and the CHIPS Act, which have contributed to record-breaking crude oil output and lower healthcare costs for millions of Americans. These achievements, despite the ongoing debate about AI deception, are significant and should be acknowledged. Additionally, Medicare is now offering lower prices for the top 10 most widely used and expensive drugs, providing relief for millions of Americans. These economic advancements are crucial and deserve attention, rather than being overshadowed by discussions of deception or fraud.
Focusing on divisive discourse hurts the GOP: To move forward, let's have respectful, inclusive conversations about policy issues and find common ground, rather than attacking individuals and spreading conspiracy theories.
The current political climate, particularly with the MAGA movement, has devolved into a divisive and hateful discourse that focuses more on attacking individuals and spreading conspiracy theories rather than addressing actual issues. This approach is turning off many Independents and mainstream Republicans who are disillusioned with the party. To move forward, it's essential to have respectful, inclusive conversations about policy issues and finding common ground. Instead of focusing on trivial matters and spreading hate, we should work together to tackle important issues like prescription drug prices, access to educational opportunities, raising wages, and protecting individual freedoms. It's crucial to have honest and open discussions about concerns and work towards finding solutions that benefit all Americans. The media plays a role in framing the narrative, and it's essential to recognize that the current divisiveness is not a fait accompli but is primarily coming from one side. Let's focus on building a pro-democracy coalition that includes progressives, liberals, independents, and mainstream Republicans, and work towards finding common ground on policy issues.
Importance of factual accuracy and self-awareness in economic forecasting and political discourse: Recognize the importance of factual accuracy and self-awareness in economic forecasting and political discourse. Understand underlying frameworks and priorities, and take clear, informed positions with actionable strategies. Learn from mistakes and avoid arrogance and refusal to acknowledge errors.
The discussion highlights the importance of factual accuracy and self-awareness in economic forecasting and political discourse. The speaker shared an experience where a guest on a show made a claim about the economy that was later proven wrong, and how the media and certain political groups pushed the narrative despite evidence to the contrary. The speaker also emphasized the importance of understanding the underlying frameworks and priorities that shape economic policies, and the need for leaders to take clear, informed positions and follow through with actionable strategies. The conversation also touched on the importance of recognizing and learning from mistakes, and the dangers of arrogance and refusal to acknowledge errors. Overall, the discussion underscores the value of critical thinking, factual accuracy, and self-reflection in understanding and shaping economic and political realities.
Midas Touch team's media platform and audience engagement: The Midas Touch team uses Patreon and Zoom to build their independent media platform, engages with their audience, and demands justice and accountability. To join their Zoom meetings, viewers must sign up for a paid tier on Patreon.
The Midas Touch team is using various platforms, including Patreon and Zoom, to build their independent media platform and engage with their audience. They are grateful for the support of their community and believe that every little action, such as registering pro-democracy voters, can make a difference. They are unapologetically pro-democracy and demand justice and accountability. To join their Zoom meeting and engage with the team, viewers must sign up for a paid tier on Patreon and follow the instructions provided. The team is excited about the growth of their network and the impact they are having. They also offer Convict 45 merchandise for sale on their website.
