Trump has Catastrophic AM as War Spirals
3/4/202622 mincomplete
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0:19Donald Trump is having a terrible Wednesday morning.
0:23His regime is admitting that this disastrous war in Iran may last over eight weeks.
0:29Donald Trump's Treasury Secretary, Scott Besant, went on various networks this morning and said it's
0:36just fantastical media accounts that you're seeing about chaos in the Middle East.
0:41Everything is great. The Strait of Hermes is still effectively closed.
0:46About 90 % of the ships can't get through.
0:50More news about factory job losses in the United States, far worse than expected.
0:56Also, a record number of Americans are tapping into their 401ks to withdraw money in
1:03order to survive. And then when Donald Trump looks at Texas in the primaries that
1:09took place yesterday, where the Democratic Senate candidate James Tallarico ended up prevailing, Jasmine Crockett
1:17put out actually a very nice message today supporting Tallarico Democrats outvoted Republicans in Texas.
1:27More Democrats showed up to vote and Democrats made huge gains amongst the Latino community
1:34in Texas as well. All of this news and more is bombarding Donald Trump this
1:39morning. Why don't we go through it piece by piece as we always do here
1:43on the Midas Touch Network?
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2:05on the Midas Touch Network.
2:07So earlier this morning, Treasury Secretary Scott Besson said, we need to stop these, quote,
2:13fantastical media accounts that the region is on fire, referring to the Middle East.
2:19That's not what happening. He says it's just somebody on their cell phone taking videos
2:23of buildings being blown up.
2:25Let's play this clip. Becky, I will tell you, the region is not on fire.
2:29What is happening is that someone with an iPhone and look, it's terrible when a
2:34hotel gets hit in Bahrain when there is a drone that hits the airport in
2:42Doha. But those are one -offs.
2:45The Iranian attack capabilities have been substantially degraded.
2:50The U .S. is getting stronger and stronger every day.
2:53And the most fulsome part of our campaign is just starting so that there are
2:58the people in the market willing to look through this.
3:02And that's what I think everyone should do, because President Trump has a vision here.
3:07And before that, Pete Hegseth, the Secretary of Defense, says that all of what you're
3:13hearing about is fake news, yes, tragic things happen, referring to American soldiers dying and
3:20being seriously wounded. He goes, but fake news is missing the real story here, which
3:25is how great we are doing.
3:27This is what Hegseth. it says.
3:28Let's play this clip. This is what the fake news misses.
3:33We've taken control of Iran's airspace and waterways without boots on the ground.
3:39We control their fate. But when a few drones get through or tragic things happen,
3:46it's front page news. I get it.
3:49The press only wants to make the president look bad, but try for once to
3:53report the reality. The terms of this war will be set by us at every
3:58step. And then Hegseth, I guess, tries to do this cosplay where he is like
4:04a bad actor pretending to be the bad guy in a 1980s B or C
4:11action movie. He's like, from the skies, America reigns death on the people of the
4:18Middle East. You don't exactly sound like the good guy here.
4:22Let's be pretty clear. Here's Hegseth saying that.
4:25Let's play it. And fixing their leaders and their military leaders, flying over Tehran, flying
4:33over Iran, flying over their capital, flying over the IRGC, Iranian leaders looking up and
4:42seeing only U .S. and Israeli air power every minute of every day until we
4:49decide it's over. And Iran will be able to do nothing about it.
4:56B -2s, B -52s, B -1s, Predator drones, fighters controlling the skies, picking targets.
5:03Death and destruction from the sky all day long.
5:09We're playing for keeps. Our warfighters have maximum authorities granted personally by the president and
5:16yours truly. Our rules of engagement are bold, precise, and designed to unleash American power,
5:23not shackle it. This was never meant to be a fair fight.
5:28And it is not a fair fight.
5:30We are punching them while they're down, which is exactly how it should be.
5:35And then the gaslighting from the MAGAs continue.
5:39Take a look at what MAGA Mike Johnson said this morning.
5:42I'll do a whole other video on it in about 90 minutes.
5:45But here's what MAGA Mike said, why we're at war with Iran right now.
5:50Remember, he previously said the reason was because Israel was going to strike Iran first.
5:54And then if Israel struck Iran first, then Iran would strike the United States.
5:57So we had to strike first.
5:58Remember, that's what he said.
5:59That's what Rubio said. Now Johnson says, actually, they declared war on us.
6:06Iran declared war on the United States is what he says.
6:09Here, play this clip. Okay.
6:10Those are sovereign territories of the US.
6:12They have declared war on us.
6:14I don't believe in the semantics.
6:16We've talked about the language this morning.
6:17We're not at war right now.
6:19We're four days in to a very specific, clear mission and operation, Operation Epic Fury,
6:27which has two components, as you know, that we have articulated over and over.
6:31The president has, the commander of the Joint Chiefs, everybody has explained.
6:37Two points. We had to take care of these ballistic missiles that they were producing
6:40at such a rapid pace that our regional allies could not keep up with.
6:44We had to ensure that they can't fire all those barrage of missiles at our
6:48people, our troops, our assets, our citizens in the region and our installations.
6:52And then Maga Mike says, actually, this is very biblical.
6:56And this is about a bad religion in Iran.
7:00And so basically, we're just redoing the crusades right now.
7:03Here, let's play this clip.
7:04We have been and they say that.
7:06out loud. They wanted to wipe Israel off the face of the earth, and they'd
7:10like to take us out as well.
7:11We're the great Satan in their analogy and their misguided religion, and there was no
7:16way to appease them. Hear what this guy is saying?
7:19More from Hegseth, where he goes, Iran cannot outlast us.
7:24We will ensure the tempo, and that tempo will be whatever Donald J.
7:29Trump tells us to do, whether that's eight weeks or longer or shorter.
7:35Donald J. Trump sets the tempo.
7:37That's what Hegseth says. I mean, it's like the most—you guys are a bunch of
7:40idiots. I can't believe our country is run by these people.
7:44Watch what Hegseth says. Here, play this clip.
7:48Iran cannot outlast us. We're going to ensure, through violence of action and our offensive
7:53capabilities and our defensive capabilities, as I said, that we set the tone and the
7:58tempo of this fight. That's why stories and speculation about different things that try to
8:04make it look like we're limited in what we can do—the only limits we have
8:07in this is President Trump's desire to achieve specific effects on behalf of the American
8:13people. And that's why we don't talk about—you know, you can save four weeks, but
8:17it could be six. It could be eight.
8:18It could be three. Ultimately, we set the pace and the tempo.
8:22The enemy is off balance, and we're going to keep them off balance.
8:25And we know their ability to shoot versus our ability to defend.
8:28That difference gets wider and wider every day.
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10:34adults. While Hegseth was doing that press conference, we learned, and Reuters was first to
10:39report, that the Defense Department is demanding an emergency.
10:44munitions supplemental. They want an additional $50 billion from us, from our taxpayer money.
10:52They want $50 billion to now fund additional munitions, even though Donald Trump said we're
10:58not running out of munitions.
11:00We've been warning here on the Midas Touch Network, even before this war started, that
11:04we could quickly be running out of munitions.
11:06And that's exactly what appears to be happening.
11:09Let me just show you what some of these scenes in Tehran look like right
11:13now, though, as the United States bombards it.
11:16I mean, apocalyptic scenes in Tehran.
11:20So I'll show you what the U .S.
11:21and Israeli strikes on Tehran look like.
11:23And then I previously have reported on the Iranian strikes of the Dubai consulate, the
11:30U .S. consulate in Dubai, the U .S.
11:33building, the CIA building in Riyadh, Saudi Arabia, the Al -Udid air base in Qatar,
11:39lots of other U .S.
11:41interests being struck. But no doubt, Tehran is being hit really hard here.
11:45Play this clip. What? What?
11:49What? I don't want to ignore what's going on in the domestic front right now.
12:05I think it's important that we talk about our economy, you know, the things that
12:10we were talking about as well before the war, because Americans are struggling.
12:13The war on Iran is causing gas prices to surge.
12:17It is causing chaos in the markets.
12:20Wall Street Journal reported earlier this morning, a record number of American workers are pulling
12:25money from their 401ks to cover financial emergencies.
12:29A record share of Americans are tapping those retirement savings.
12:33Six percent of workers with plans run by Vanguard Group, for example, have been making
12:38hardship withdrawals. Also, factory job losses have been worse than we thought.
12:46Wall Street Journal reports as well.
12:48Take a look at the U .S.
12:50manufacturing job loss chart. Not good, but we know this.
12:53If you work in a factory, if you work in manufacturing, if you work in
12:59construction, if you work, okay, if you work generally and you're not a billionaire or
13:04a deca -millionaire, you know what the economy is like.
13:08You are not gaslit by this regime.
13:10You know that prices are going up.
13:13You know that wages are stagnant or going down, or there are so much job
13:17losses taking place because of AI and this terrible economy.
13:21We are in a jobs recession right now, and prepare to see inflation surge even
13:27more. Rick Scott, MAGA Republican senator, making his rounds on the various networks this morning,
13:33saying clearly oil prices are going to go up, but because of this war, but
13:39it will be worth it because of freedom in America.
13:43Yeah. Here, play this clip.
13:45What do you think the American people should be prepared to bear, prepared for to
13:51bear in terms of costs here?
13:53I mean, gas prices have already gone up.
13:55They could rise even more.
13:57What's the cost that you think the American people should be prepared for?
14:01Well, I think short -term, clearly oil prices are going to go up, it sure
14:05appears, right? When Iran and the proxies shut down the Strait of Hormuz, that's what's
14:10going to happen. But long -term, what we're going to see is we're going to
14:14see the world's a better place, no different than getting rid of Maduro.
14:16The world's a better place.
14:17It's a safer place for Americans.
14:20Yeah, well, if you really were patriotic, I think that you would focus on ensuring
14:24that Americans have health care, ensuring that Americans can live and can have jobs and
14:31Americans can live productive lives and have good education.
14:35But, you know, people like Rick Scott, they're part of the Epstein class, right?
14:38Rick Scott was involved. You know how he launched his political career?
14:42Lots of these magas do.
14:44He was involved in one of the biggest Medicare and Medicaid fraud criminal enterprises in
14:49American history. He invoked the Fifth over and over and over again.
14:52He took a golden parachute from the company that engaged in all this criminal conduct
14:57while he invoked the Fifth, used that money to run for office and to help
15:00more Epstein class people. I could go through all these magas.
15:04They're all like that. And then they use their money and resources to try to
15:09manipulate the people and pretend that they're the ones fighting against the bad guys when
15:13they are the bad guys, the worst of the worst, the Epstein class.
15:18That's who they are. Although this was a good sign when you look at what
15:21happened in Texas, that it seems that the people were waking up there.
15:25More Democrats than Republicans voted in Texas.
15:282 .21 million Democrats voted to 2 .12 million Republicans who voted.
15:35James Tallarico went on to beat Jasmine Crockett.
15:38And you now have Cornyn and Paxton still in a runoff against each other, while
15:45Tallarico is able to go around Texas and make the case.
15:48But it's hard to overstate, as my friend Tom Bonnier says, how rare it is
15:52to see Democratic turnout in a midterm primary election exceeding not just Republicans in Texas,
15:58but exceeding that of a presidential election.
16:02So you take Zapata County, for example, turnout in the Democratic primary yesterday was 143
16:09% of the total number of the vote Harris won in the 2024 general election.
16:14That's wild. Bonnier points out, here are four districts that the Texas GOP and Donald
16:20Trump gerrymander to try and gain seats in November with the Democratic and GOP primary
16:26vote. Democrats far outvoted the Republicans in every one of them, fueled by the Latino
16:34vote. A few other data points I want to point out.
16:37You know how the Trump regime views Argentina as their model of an economic miracle.
16:44You know how we gave $40 billion to Argentina, Javier Malay, their MAGA leader there,
16:50is like a close ally of Trump.
16:52Trump has his little MAGA leaders, right?
16:55He's got his MAGA leader in Ecuador.
16:57By the way, you know we're at war in Ecuador right now.
17:00You know, we have ground troops in Ecuador.
17:02Donald Trump and the Ecuadorian leader, who's a MAGA guy, are doing joint military operations
17:09against so -called narco trafficking inside, boots on the ground types of stuff.
17:14I just wanted to let you know that that's going on.
17:16But anyway, now we have our Honduras, our Ecuador person.
17:20Trump has his little authoritarian in Venezuela.
17:23And by the way, that's what he wants in Iran.
17:25He doesn't want democracy. He doesn't care about the people of Iran.
17:28Donald Trump wants an Islamic Republic leader who likes Donald Trump more and is corrupt
17:33with Donald Trump and they could funnel money to each other.
17:36But anyway, here's the Javier Malay miracle in Argentina, the second largest decline in the
17:42world. 2 ,436 companies have closed down with 73 ,000 jobs lost because this whole
17:49MAGA thinking about everything is failed and flawed and it always leads to disaster.
17:56Treasury Secretary Scott Besson was asked, though, about job losses, about out, you know, the
18:03jobs recession that's taking place right now.
18:05And in such an arrogant way, I think the entire Trump regime is vile, so
18:10I don't know who's the worst.
18:12But this guy, Besant, is like one of the worst human beings, I think, that
18:16exists. You know, just the level of arrogance that he puts his head up and
18:20he goes, oh, the effect of the illegal aliens, that's what's causing people's job losses.
18:27This guy lived in a pink Barbie mansion.
18:31He lived in Charleston, South Carolina, in a, swear to you, a replica of Barbie's
18:37Malibu mansion in Charleston, South Carolina.
18:39This is the guy with his head up.
18:41Let me tell you what's, I despise this human.
18:44Here, play this clip. The government saw a large net contraction in 2025, and we
18:51saw private sector jobs created.
18:53The other is the effect of two and a half million illegal aliens leaving the
18:58workforce. So the monthly jobs number does not need to be as high for that.
19:07And we are at the lowest level as a percent of the total workforce for
19:13government jobs since 1966. And he goes, and we are going to put more tariffs
19:18against, even though the Supreme Court ruled against us, more tariffs, more tariffs.
19:23This guy's a billionaire Epstein class guy.
19:26Here, play this clip. Mr.
19:27Secretary, the president has said that he will raise the global tariff to 15 percent.
19:32I believe it still stands at 10 percent today.
19:35Do you know when that change will be implemented?
19:36Becky, that's likely sometime this week.
19:40And again, that's under something called Section 122, and that's 150 -day authority.
19:47And during that time, during the 150 days, we will see studies from USTR on
19:55Section 301 tariffs, from Commerce on Section 232.
19:59And it's my strong belief that the tariff rates will be back to their old
20:08rate with them. One other thing to point out, too, in that press conference, Hegseth
20:13acknowledged, and we've seen the footage of it as well, a US Navy submarine torpedoed
20:20and sank the Iranian Navy frigate, the Iris Dena, or Dena, off the coast of
20:27Sri Lanka. 30 people survived.
20:31I think 180 people were on that frigate.
20:34They were doing a joint mission in India.
20:37Then they were in Sri Lanka.
20:38Then they left Sri Lanka.
20:40And the United States launched a torpedo and basically killed 80 people or more on
20:46that boat that was leaving, that was right off the coast of Sri Lanka.
20:51This is the first time that a US submarine sunk an enemy warship since World
20:56War II with a torpedo.
20:58So I guess that's, I guess, America, right?
21:01Yeah. Why the hell are we in this regime change war?
21:05What are the objectives? What the hell is going on?
21:08Seriously, what is going on here?
21:10This is an unlawful war, regardless of how hot we can hold both concepts, that
21:15the Ayatollah is terrible, the Islamic regime is horrible and repressive, and the atrocities they
21:22commit is awful. Here in the United States, we're doing regime change wars.
21:25No one's explaining what's going on.
21:27Mag and Mike's talking about biblical crusades.
21:30And Americans just need healthcare and need money to live and be able to survive
21:34right now here in the United States.
21:38Let me know what you think.
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21:41Thanks for watching.