Legal AF by MeidasTouch - Trump Scrambles to Blame Everyone Else as He Implodes
Episode Date: April 2, 2025When A Rupert Murdoch-controlled paper targets you in the Trump Administration, you know your days are numbered. Howard Lutnick, the ambassador of Liberation Day, who one Trump insider called a “lo...ose cannon pushing half-baked ideas” on Trump, may be the first one “liberated” from his Cabinet post when, not if, the new tariff policies announced Wednesday go terribly awry and backfire on the American people. iRestore: Reverse hair loss with @iRestorelaser and get $625 off with the code LEGALAF at https://irestorelaser.com/LEGALAF! #irestorepod 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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Discussion (0)
Okay, flights on Air Canada. How about Prague?
Ooh, Paris. Those gardens.
Gardens. Um, Amsterdam. Tulip Festival.
I see your festival and raise you a carnival in Venice.
Or Bermuda has carnaval.
Ooh, colorful.
You want colorful. Thailand. Lantern Festival. Boom.
Book it. Um, how did we get to Thailand from Prague?
Oh, right. Prague.
Oh, boy.
Choose from a world of destinations.
If you can.
Air Canada.
Nice travels.
Let's play a game of word association in advance of Liberation Day.
I'll say a series of phrases, and you tell me who I'm describing.
A loose cannon with half-baked ideas.
Like a mosquito at a nudist colony.
And three, I don't know anybody that's not pissed off at him.
No, not Donald Trump, but you're close.
And it's Howard Lutnick, our Commerce Secretary,
who apparently, it's now broken out into the open
and made its way to the Rupert Murdoch-owned New York Post
that the knives are out for Howard Lutnick.
If Liberation Day and the tariff war
doesn't go as planned on Wednesday.
May explain why the Trump administration
grounded the heir Lutnick and didn't let him
take to the airwaves this past weekend
on the morning talk shows related to the Liberation Day.
I'm Michael Popak and you're here
on the Midas Touch Network and
Legal AF. Let's get into it. Howard Lutnick used to be, until his sons recently took over,
used to be the head of an entity called Kanner Fitzgerald. You might know them because they
were devastated during 9-11 with 658 people having lost their lives. And ever since then,
Howard Lutnick has worked
to rebuild this company.
It's a relatively middling company.
It's not one of your powerhouse Wall Street firms.
And when Howard Lutnick got very, very close
to Donald Trump, who's also not a superstar
real estate developer, they have a lot in common that way,
the two of them got together and said,
hey, I wanna be the head of your transition team.
So the head of the transition team becomes Howard Lutnick, and then he fights to become
Treasury Secretary.
You know, the person in charge of all of our fiscal policy and has their name on the money?
Well, there was a knife fight that broke out even then that we reported on, and he lost.
And Scott Bascent, who was the head of an equity or hedge fund, he became Treasury Secretary. But Howard Lutnick got the consolation prize, you know, it's
like kissing your sister at the prom or whatever that phrase is supposed to be,
and he got to be the Commerce Secretary, you know, in charge of lots of things
like the CHIP Act and Commerce and the Patent and Trademark Office and other
aspects of Donald Trump's plan,
like the postal service, you know, that thing.
And he came up apparently with the bright idea
that we should enter into a tariff war,
sitting around the table to quote an insider
of the Trump administration giving and feeding Donald Trump
half-baked ideas and crazy plans
and pushing and pushing and pushing.
Now, if you go back in time,
and you watched Howard Lutnick,
you would only know him from CNBC
and showing up on Maria Bartiromo and different places
talking about his own company.
He's a promoter of the first order.
He would make PT Barnum blush, is what I'm trying to say.
So when you have a person that's always promoting
and putting all of his thought balloons into action
by giving a four minute interview on CNBC,
and now put him in the Trump administration,
what do you think's gonna happen?
Insiders are saying that he is on the short list,
not to be elevated, not to be promoted, but to be shown the door,
especially if as Wednesday goes as badly as the financial markets and the world economy
is telling Donald Trump it's going to go.
Why he needs to announce a new office of external revenue and to try to replace the trillions of dollars of lost tax dollars
with what do you call it, tariffs and other port fees
and the like, I have no idea.
First of all, let me explain the whole.
To support social security, to support Medicare and Medicaid
and veterans benefits and student loans
and all the things that we rely on,
that America relies on for their dignity, for their life.
It cost about $5 trillion.
So if you're the US government,
you gotta come up with $5 trillion year after year
after year with cost of living increases.
Where do you get that money from?
Sure, you get a little bit from tariffs, you know,
but you get most of it, 80% of it, 90% of it from income tax, from the rich, from the wealthy, from businesses, from everybody. So you bring in about $5 trillion, you send out about $5 trillion.
Now Donald Trump jumping up and down with Elon Musk and this same Howard Lutnick who at one time,
I don't know if you remember this, he was the founder, the co-founder,
along with Rama Swamy and Musk of Doge, right?
Gotta find money other places
because we're gonna get rid of the tax service.
And so they came up with a plan to cut trillions of dollars
from the federal budget.
You're watching it in action now.
Fire all of the federal workers. Close all the federal offices
that matter to people and people's lives. Get rid of US attorneys in the
Department of Justice. Hollow out the FBI. Hollow out the Department of
Education. Hollow out everything that matters to America. Hollow out Health and
Human Services. You don't need it. An environment that's overrated. We don't
need it. Health. We don't need it. Health, we don't need it.
Get rid of it.
Shrink the government down as small as you can
to choke it and drown it in a bathtub.
That's the goal.
And then all the trillions we save,
and we're looking at you, Social Security,
Medicare, Medicaid, we're coming for you too.
All that money that we save,
we won't have to collect it in taxes.
That doesn't work.
And trying to replace the tariffs for income tax revenue
is one of those half-baked crazy ideas
that's being pushed apparently
by somebody like Howard Ludnick.
The most you're gonna get in a tariff war,
and a war is symmetrical, right?
They do to you what you do to them,
is, I don't know, 500 million, 800 million? I mean economists differ, but they're all in that range. It's not even a
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So how are you going to cut trillions? How are you going to fill the gap?
Where are we going to get the extra $4 trillion from to pay America? Now, Donald Trump wants
to remove America, the US, from the US economy. Uncouple it and see what happens. That's another
one of those, according to insiders, as reported by the New York Post, a Rupert Murdoch paper. You lose Rupert Murdoch-owned media as an
insider of Trump, you're about dead. They didn't even run a nasty story on
Mike Waltz, but they did hear on Howard Lutnick and he couldn't be reached for
comment. That's no surprise. I'm sure, was a, I am sure. Mark my words.
Lutnick was about to get on and had planned to be on, we know this, all of the Sunday morning talk
shows. All of them. And Major Garrett actually came on the air and said on Sunday, we were going to
have Howard Lutnick here, but he has declined our invitation
He's always open to come back to the show. Yeah, that's the I'm sure he wanted to go on those shows
Somebody and if I had a name names Stephen Miller
Who's basically the consul Yary enforcer for Donald Trump bad cop for Donald Trump?
I think he grounded Howard Lutnick and said,
you're not going on those shows.
You're not going on those shows.
I want to go on those shows.
You're not going on those shows.
Now, the few times they've trotted him out
to try to push policy have gone terribly for him.
Who can forget the clip of Howard Lutnick bragging about
his 94 year old grandmother getting social,
or mother-in-law getting social security?
Let's play that clip.
Let's say social security didn't send out their checks this month. My mother-in-law who's 94,
she wouldn't call and complain. She just wouldn't. She thinks something got messed up
and she'll get it next month. A fraudster always makes the loudest noise screaming, yelling and complaining.
To which I ask, why is she getting Social Security when her son-in-law is a multi-billionaire?
We'll leave that for another day.
But just to, you know, in the 70 days of this administration, look what's happened.
The transition was chaotic.
The confirmation process was chaotic
and Matt Gaetz was a disaster pick.
The intelligence transition was a disaster.
And who's responsible for that?
The head of the transition team, Howard Lutnick.
He then fights, knife fights with Musk and others, including Bessent,
to try to get the job he really wants, the Treasury Secretary job, and then he comes in number two.
And then he decides, well, I'll make number two the best. You know, he gets his wife,
Alison Lutnick, on the Kennedy Center Board, you know, living the life. You know, I'm sure he's
got some sort of townhouse now in Georgetown or wherever they're living
in DC.
And then on top of that, he starts taking to the airwaves.
And you know how Donald Trump loves when somebody steals his thunder and takes his spotlight
away from him.
So mark my words, if this, not if, when, Liberation Day goes awry, and we are liberated from our own U.S. economy,
our wallets and our purses because of this terrible, half-baked idea by the guy who's
been described by insiders as like a mosquito at a nudist colony, and not in a good way.
Or he's described as somebody that he's pissed off everyone that
he's come in contact with which is no surprise if he survives I let's do the
Deadpool right now first cabinet member I thought it was gonna be Hague South
first cabinet member to be nailed and shown the door and have to give a press
conference or a speech where he says I I need to spend more time with my family, right, is going to be Howard Lutnick. Let me just tell you,
the writing is on the wall. When the White House doesn't even trot out Carolyn LeVette,
sends out the number two, the minor league spokesperson, Kush Desai, who says about this reporting,
every member of the Trump administration
is aligned on finally leveling the playing field
for American industry and workers.
I mean, leveling my bank account, yeah, my stock account.
Yeah, I see that.
President Trump has assembled the best and brightest
trade team in modern American history to reignite American
greatness and they are hard at work following the same
playbook, President Trump's playbook to deliver for the
American people. Doesn't it sound like an eighth grade
student council speech for somebody campaigning? And that
sounds exactly like what the owner of a major league sports
team says right before they fire the coach or the manager.
I'm Michael Popock, I'm fired up.
You're here on the Midas Touch Network and Legal AF.
Follow me here, follow me over on Legal AF,
Midas Touch Network, hit the subscribe button there.
Hit the subscribe button here on the Midas Touch Network,
help it continue, it's March to five million,
the drive for five over here on the Midas Touch Network. And follow me on Legal AF, the podcast, Wednesdays and Saturdays at 8 p.m. Eastern
Time. And then I got a new podcast called PoPoK Live. You can see, you don't put baby
in the corner. I'm unhinged. I'm unfiltered. I'm unscripted. PoPoK Live, 8 p.m. Eastern
Time, right here on the Legal AF YouTube channel. So until my next reporting, I'm Michael Popock.
In collaboration with the Midas Touch Network, we just launched the Legal AF YouTube channel. So until my next reporting, I'm Michael Popock.
