IHIP News - Trumpcession Is Crippling Businesses; CEO’s Are Speaking Out!

Episode Date: May 4, 2025

Trump is trying to blame Biden for his tariff nightmare.Pre-order our new book, join our Patreon Cult, and more by clicking here: https://linktr.ee/ivehaditpodcast.See Privacy Policy at https...://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Starting point is 00:00:00 Trump session has arrived the tariffs that are tanking the global stock market, the American stock market, the US dollar, and destroying the brand of America with Donald Trump and all of his authoritarian bullshit. It's coming. It's starting to hit consumers. We're going to start having empty shelves, but let's look at the different industries and then we see what's happening, starting with airlines. U.S. airlines are saying that Trump's actions have caused such a radical drop in air travel that they can't even estimate what their businesses will look like in six months time and that's not because they'll be making so much money so trump session is making binomics which was might i remind you the best economy in the world when trump got started stock market all-time high now he is destroying the u.S. economy. And then we have Apple. Everybody has an Apple product. Apple says tariffs will add $900 million in costs just this quarter.
Starting point is 00:01:17 Apple Chief Executive Officer Tim Cook, who I will remind you was sitting on the podium when Donald Trump was inaugurated, said that planned U.S. tariffs on foreign imports will add $900 million in costs in the current period. That is a huge amount. He told analysts on a conference call, the estimate should not be used to make projections for future quarters as there are certain unique factors that benefit the June quarter. So just in the first hundred days of Trump's presidency, he's cost Apple and its consumers
Starting point is 00:01:54 $900 million. And then you have Ron Johnson, who has no conviction, who did not vote for limiting Trump's tariff ability, but gets on Fox News and says this. And this is what's happening on Fox News. Say that I'm hearing an awful lot from manufacturers in Wisconsin. You know, if this thing drags on, if the ter that their businesses will business. One good piece the recent numbers of bus 9.8%. Um President Trump
Starting point is 00:02:34 be very concerned if this if the uncertainty instab that investment is going cliff and that would be v So again, this is a bold. Okay. This is a U S Senator from Wisconsin that is sitting on Fox news telling us how bad the tariffs are, how bad economic uncertainty is for business owners. And then he votes against limiting Trump's power because Trump is an authoritarian. And if you vote against the authoritarian, MAGA and Elon Musk's money come after you. So this is a man that is more concerned
Starting point is 00:03:12 with his own political future than the future of his constituents. And it's gross. So let's look at what's happening in the trucking industry because of Trump's tariffs. FreightWave's CEO, wary of Trump's tariffs. I did not vote for a neutron bomb to wipe out supply chains and small businesses 100 days in. Fuller, the founder of the Chattanooga-based analytics company FreightWave, wrote on social media. This is not happening in a vacuum. You've got Apple. You've got shipping. You've got trucking. You've got the people that manufacture. All of the economy is going to shrink. That's why the GDP had a contraction because these tariffs, not only are American consumers
Starting point is 00:03:57 going to feel it, but American workers are going to feel it because they're going to lose their jobs. So we're going to have empty shelves. This is a disaster. But Trump wants all of industry to come beg him to reduce the tariffs. And what's China saying? Kiss our ass. And that is going to affect the U.S. consumers. Certain companies that deal in the U.S., whatever you're buying, the price doubles because of Trump's tariffs. This is going to affect Americans. And then you have New York Times reporting this. Companies are serving notice.
Starting point is 00:04:34 We're raising prices because of tariffs. President Trump's trade policies are already starting to frustrate American consumers who have noticed higher prices in their shopping carts. Now, you have Trump and Stephen Miller and Caroline Leavitt saying, oh, prices aren't up. I know MAGA is dumb, but they even know when the prices are higher. This is what got people all riled up to go out and vote for Trump was the price of eggs. The price of eggs are up. The price of everything is up. His response is, oh, we'll get fewer Barbie dolls or get fewer toys for your kids. This is a man that does not give two shits about the American people and what struggles they face financially. Because you know why? You know who's profiting right now because of Trump and all of his crazy ass policies and destroying the American brand, Trump and his family, we see that Saudi Arabia has invested $2 billion in crypto with the Trump family.
Starting point is 00:05:35 Abu Dhabi backed firm will use Trump crypto in $2 billion deal. The deal could generate hundreds of millions of dollars for the Trump family, highlighting ethical conflicts surrounding President Trump's crypto firm. Here's what I have to say. We could sit right here and talk about Trump's corruption and tell our heads fall off. He's not trying to hide it. He's making a fast buck. His net worth has increased substantially in the first 100 days. And here's what's so dangerous about that. He has all this power. He's making all this money. It's so corrupt.
Starting point is 00:06:15 And that's not enough. He still wants to ruin democracy. He still wants to shut down Americans and the American dream because he doesn't give a shit. Imagine being that rich and having that much power and having inherited the best economy in the world and you want to wreck everything because you want to be a dictator. Something else that's alarming about this investment in his crypto scam, we have Witkoff, who's the entourage for the Trump administration because it's not little Marco. His son is also part of this board on this crypto. Will you pull that up, Kylie?
Starting point is 00:06:50 That transaction would be a major contribution by foreign government to President Trump's private venture, at least in the first term they tried to hide it. One that stands to generate hundreds of millions of dollars for Trump, And it is public and a vivid illustration of the ethical conflict swirling around Mr. Trump's crypto firm. Then you have Zach Witkoff, who, you know, little Marco's done as Secretary of State. We've got Witkoff's dad marching around hugging Vladimir Putin. A founder of the Trump family crypto firm, World Liberty Financial, revealed that a so-called stable coin developed by the firm would be used to complete the transaction between the state-backed Emirate investment firm
Starting point is 00:07:32 MGX and BNance, the largest crypto exchange in the world. So the corruption surrounding Trump, you know, you wonder, like, these people said, I'm fine to work for a convicted felon. I'm fine to go at democracy. I'm fine to take the United States brand and trash it. You wonder, who are these people? Well, there's people that are willing to profit due to corruption and support a convicted felon. That's who these people are. So don't sit here and act like you know you give a shit about what's going on in Russia you give a shit about money and that's all these people care about is money and power and then we have the borders are as people the human rights violation in the United States have put us on a global watch watch list we're taking immigrants without due process and
Starting point is 00:08:23 sentencing them to an El Salvadorian concentration camp. And the Supreme Court says you need to facilitate the return. And the Trump administration says, fuck you. Here's what you have Tom Homan, the border czar, saying. So the president signed an executive order just this week threatening to defund sanctuary cities for their policies. Why not just arrest the leaders who are harboring and shielding illegal aliens, actually terrorists from deportation? Okay, so basically this right-wing maggot nut is saying, well, instead of defunding sanctuary cities, why don't you just arrest their leaders? And Tom Homan well instead of defunding sanctuary cities why don't you just arrest their leaders and Tom Homan instead of saying this is the United
Starting point is 00:09:09 States of America we don't arrest government leaders that have policy that disagree with us he says wait to see what's coming that's chilling that is a bone chilling and it's continuing to happen in the Democrats in the house and the Senate I just don't hear them screaming loudly enough. You hear some, but Chuck Schumer, you know, he's writing very heated letters. And I think it's just going to take more than that. And then we have a Trump-appointed judge in Texas says, a Trump-appointed judge has barred the administration from removing migrants under the Alien Enemies Act.
Starting point is 00:09:45 OK, and I want to read in the pertinent part the order. It says, as to the question, the historical record renders clear that the president's invocation of the American Aliens Enemies Act through the proclamation exceeds the scope of the statute and is contrary to the plain, ordinary meaning of the statute's term. This is a Trump-appointed judge. So now, you know, he's undermining the judiciary. Oh, they're, you know, they're woke. They're left-wing. This is Trump's appointed people. And they are saying you cannot deport people without due process because you're saying there's an emergency when there is no emergency. The Alien Enemies Act was in a time of, well, first of all, it was
Starting point is 00:10:40 in the 1800s, like cut me some slack. And all the lies about migrants and demonizing these people, it is gross. It is terrifying. And I just wanted to leave this information. You know, mental health is a crisis. We've got gunmen going in and shooting people. They're not drag queens. They're typically white men. And here's, we have Trump is defunding the Department of Education. It is stops one billion dollars in funding for school mental health. It's unbelievable. Republicans say, well, it's not the guns that are the problem. It's mental health issues. But they don't want to support mental health support. They don't want to fund mental health. But they damn sure don't want to make any laws about guns because then that would cut down the contributions from the NRA.
Starting point is 00:11:33 It's gross. We've got to unite. We've got to resist this authoritarianism. Stick with us for more news.

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