The David Pakman Show - 8/4/25: Trump fires the messenger as economy gets shaky
Episode Date: August 4, 2025-- On the Show: -- Donald Trump lashes out with angry social media posts as economic indicators show signs of decline -- Donald Trump fired Bureau of Labor Statistics head Erika McEntarfer after ...a devastating jobs report exposed major economic weakness -- Republican Senators like Cynthia Lummis and Thom Tillis finally criticize Donald Trump after he Bureau of Labor Statistics head Erika McEntarfer for political reasons -- Donald Trump’s DOJ moved Ghislaine Maxwell to minimum-security after a secret meeting, raising serious questions about favors and Epstein connections -- Donald Trump was loudly booed by thousands at WWE SummerSlam during a video appearance, showing a shocking drop in support -- Donald Trump made disturbing comments about press secretary Karoline Leavitt’s lips on TV, raising concerns about sexism and power abuse -- Press secretary Karoline Leavitt demanded Trump receive the Nobel Peace Prize, pushing the cult of personality narrative to absurd heights -- Donald Trump discusses the Epstein files, pardons, drug prices, and lashes out about loyalty and job numbers -- MAGA spokespeople struggle to defend Trump’s false economic claims amid historic job report revisions -- Trump lashes out on Truth Social accusing Biden appointees of rigging jobs data and demands firings while denying economic reality -- Trump claims he fired a government official over disputed jobs numbers and insists on having trusted personnel amid growing economic uncertainty -- A leaked DHS memo reveals plans to militarize immigration enforcement domestically, alarming experts about authoritarian risks -- Newsmax spins July jobs report disaster as “good news” ignoring massive downward revisions and recession fears -- On the Bonus Show: Trump attacks Charlamagne tha God, Tesla's brand loyalty plummets, Nancy Mace announces run for Governor of South Carolina, and much more... ⚠️ Ground News: Get 40% OFF their unlimited access Vantage plan at https://ground.news/pakman 🥐 Wildgrain: Use code PAKMAN for $30 off & free baked goods at https://wildgrain.com/pakman 🥦 Lumen lets you master your metabolism. GET 15% OFF at https://lumen.me/pakman 🔬 Freedom From Religion Foundation: Text DAVID to 511511 or visit https://ffrf.us/school 💻 Sponsored by Aura: Try it free for 2 weeks! See if your data is safe at https://aura.com/pakman 🔊 Babbel language learning: Get up to 60% OFF at https://babbel.com/pakman -- Become a Member: https://davidpakman.com/membership -- Subscribe to our (FREE) Substack newsletter: https://davidpakman.substack.com/ -- Get David's Books: https://davidpakman.com/echo -- TDPS Subreddit: http://www.reddit.com/r/thedavidpakmanshow -- David on Bluesky: https://davidpakman.com/bluesky -- David on Facebook: http://www.facebook.com/davidpakmanshow
Transcript
Discussion (0)
You know, you can really only bluff for so long and eventually the economy is going to
call your hand.
And the July jobs report has just detonated whatever was left of Donald Trump's economic
talking points. Only 73000 jobs were added last month. And even worse,
previous months were quietly revised downwards. Two hundred and fifty eight thousand fewer jobs
were created in May and June than what was previously reported. And the original reports
weren't even very good. So this is a very big problem for President Donald Trump. And the original reports weren't even very good.
So this is a very big problem for President Donald Trump.
And it turns out that the so-called booming economy that they said existed was a lie.
It was propped up by bad data and it was propped up, quite frankly, by sort of blind hope that a tariff scheme that economists knew wouldn't make sense would
somehow not hurt the economy.
But the bottom is now falling out.
Donald Trump is completely losing it.
Went on truth social, screaming about rigged numbers, blaming everybody but himself, ultimately
firing the person in charge of those numbers.
We'll get to that in a moment.
But the numbers don't care.
The market reacted after news of this, the Dow down nearly 600 points, S&P down 1.6 percent,
Nasdaq down more than 2 percent and regular people, meaning just voters, are living the consequences of what's going on.
You look at polling.
New poll shows six in 10 Americans blame Trump for the continued high cost of living.
He said he would bring it down.
It's gone up just not super fast, but it's gone up.
Sixty three percent specifically believe that Donald Trump's economic actions
have made grocery prices higher and they have.
That's accurate.
And half say I would not be able to afford an unexpected five hundred dollar bill.
I would need to go into debt.
I would need to borrow.
I would need to put it on a credit card and wouldn't be able to pay it all in full immediately.
That's not in the distant future somewhere.
That is right now.
And Trump's solution is let's do tariffs.
Let's blame other people.
And this week in these days, Donald Trump signed more tariffs, I guess, in some imports
now taxed at 50 percent.
We'll see if you relents.
Basic goods are going to get more expensive.
And whatever you think about, you know, you can separate out.
Oh, I have an opinion about what kids should be taught in school.
OK, I have an opinion about gay marriage.
OK, no matter what your opinion is about those issues on an objective basis, what Trump is
doing is not a path to economic freedom.
It's not a path for releasing the United States from the bondage of other countries, trade
relationships with us.
This is just the fast track.
It's the don't don't pass.
Go do not collect two hundred dollars path to stagflation,
to prices going up, jobs falling. And it is very difficult to get out of that. Now, here's
the kicker. Jay Powell, the federal reserve chair that Donald Trump's been bashing. He
says Trump can't be trusted when it comes to a lot of these tariff decisions implicitly by saying we are going
to see inflation up because of the tariffs.
Now Trump says it's Powell who can't be trusted.
Trump's desperate for Powell to cut interest rates.
We'll get back to that.
But Trump is saying to Powell, even though the economy is awesome, do this thing we normally
only do when the economy is awesome, do this thing we normally only do when the economy
is struggling.
So that doesn't make sense.
We're going to get back to that a little bit later.
The fantasy Trump gave us and sold to some magas about we're going to bring back manufacturing
jobs.
That's not happening.
The sector lost 11000 jobs last month.
We are seeing a decline in manufacturing jobs.
Trump's just not listening and the cracks are showing.
We're seeing them in the numbers.
We're seeing them in the markets and people's lives are the biggest proof that what Donald
Trump promised is not coming to fruition.
So there is a mismanagement element to this, but there is also a delusional element to
this and we are starting to see this devolve in real time.
Now, today we're going to look at Trump firing the BLS commissioner, Republicans even saying
firing the BLS commissioner is too far that that has just gone too far.
We can't we can't do that.
And the continued meltdown that is taking place in Trump world.
So make sure that you are subscribed to the YouTube channel, youtube.com slash the David
Pakman show.
We are going to have deep economic coverage today and this week.
All right.
This is not a parody.
Donald Trump has fired the head of the Bureau of Labor Statistics because the jobs report
made Trump
look bad.
The president of the United States, the infinite crybaby toddler didn't like the jobs numbers.
They weren't good.
That's the truth.
So what does he do?
He drops the hammer on the messenger.
The July jobs report, as I told you, came in brutal.
Seventy three thousand jobs added.
The expectation was one hundred and ten thousand.
That's about a 33 percent shortfall from expectations.
The two previous months revised down by two hundred and fifty eight thousand jobs.
So what does Trump do?
He goes on truth social. He says the data is fake, that the
highly respected BLS commissioner is a Biden political appointee and he fires her on the
spot. No warning, no evidence, just rage. Now, Erica Meckentarfer, career economist, commissioner of the Bureau of Labor Statistics,
she served under multiple administrations.
She didn't manipulate anything.
She reported the jobs numbers.
But Trump doesn't want the truth.
Trump wants loyalty.
And this is what loyalty looks like in a dictatorship.
Give me the jobs numbers that make me look good, even if they're not true.
This was, by the way, not a new strategy for Trump during covid.
He said, slow down the testing, thinking we have too many cases.
If we don't test, we won't have cases.
It's the if I don't take a pregnancy test, I'm not pregnant sort of approach.
There's a Simpsons episode that I remember vaguely about a comet is going to hit Earth
and the comet ends up missing Earth.
And after this happens, you know, characters are chanting, let's burn down the observatory
so that this never happens again.
That's what's happening right here.
State propaganda, not policy.
And the economy is objectively slowing down.
We see it in the data.
The three month job growth average is now 35000 jobs.
That's recession territory.
We need to understand.
I told you earlier, Nasdaq down more than 2 percent.
Treasury yields falling, confidence collapsing.
And what Trump is focused on isn't hmm, maybe these tariff ideas aren't so good.
Hmm.
Maybe I need to do more about the inflation.
I promise to get back under control.
No, what he does is purge the people who report the facts.
A classic of strongman authoritarianism.
Now, meanwhile, even Jay Powell, the same Fed chairman that Trump's been saying he's
always too late, he needs to be put out to pasture.
This is what Jay Powell's been warning about.
Jay Powell, who has been ignored by Trump in his warnings, said this is exactly what's
going to happen.
You will see continued inflation.
You will see job growth slow down.
And that's not going to be good for the economy.
He said the tariffs are inflationary.
He said it's not a good idea for the economy.
Trump said he's a liar.
But the data proves that Jerome Powell was right. So instead of admitting failure, Trump's doing what every strong man does.
You blame, you make stuff up, you purge anybody that's inconvenient, and then you just repeat
the entire thing.
And I hate to admit it's sort of working.
His followers are eating it up.
Fox News has started to spin it.
Newsmax has to spin it.
Newsmax has been spinning it.
I'll show you some clips a little later inside the Republican Party.
No one with real ability to convince Trump of anything.
And can anybody convince Trump of anything?
I don't know.
Nobody's able to step in and say, hold on a second.
Let's do a little bit of a rethink here.
So economic mismanagement at its core.
And if you look at history, this is how democracies rot from the inside.
When truth becomes optional and protecting the king, even if he's an orange king, if
protecting the king becomes the most important thing.
What you see when you get bad jobs numbers isn't a rethink of the economic strategy.
It's fire the messenger.
This can't possibly work.
But there are people who are saying, I don't know if I can defend this.
And that's an important aspect to this as well.
Well, the walls are closing in and Donald Trump is letting Jelaine Maxwell out of the
prison she was in, sending her to a better facility.
This does not happen with that without involvement and authorization from high up.
Let me explain to you what's going on.
Jelaine Maxwell, convicted sex trafficker, longtime associate of Jeffrey Epstein, key
to some of the darkest secrets in American politics right now has been transferred from a secure federal prison in Florida to a minimum security camp
in Texas.
It happened right after a two day private meeting with one of Trump's top justice department
officials, Todd Blanch Blanch used to be Trump's personal lawyer.
Now he's deputy AG.
You don't need a conspiracy theory when the facts tell you what's going on.
The Bureau of Prisons has rules.
One of those rules is sex offenders aren't supposed to go to minimum security facilities.
But Jelaine Maxwell is now living in what is kind of like a glorified dorm room.
It's the kind of place white collar criminals dream of red roof buildings and grassy yards
and limited fencing.
And the timing is just perfect for her.
Her relocation comes days after the DOJ confirmed Trump's own name appears in the Epstein files.
We learned that Trump had been briefed on that.
That is not proof of guilt, but it is proof of fear for Donald Trump.
This is the Trump who told his followers, I'm going to expose the pedophiles.
We're going to get these child sex traffickers.
This is the Save the Children movement that was obsessed with Trump.
But now, anytime Epstein's name is brought up, Trump lashes out and he goes, why are
you talking about that?
Don't talk about Epstein.
Talk about Obama instead.
Trump's implicated.
Todd Blanch goes to talk to her.
And next thing you know, Jelaine gets a cushy downgrade downgrade in the sense of lower
security.
And the victims, you know, they found out the same way we did from the press.
And they weren't told, by the way, as you lane is going now, they find they find out in the, in the news media that after meeting
with Trump's deputy AG, she's going to a cushier facility.
So there was no ambiguity here about what's going on.
Trump's DOJ meets with her.
She reportedly talks about a hundred different people.
We don't know who are the victims, co-conspirators.
We just don't know.
And then next thing you know, she's moving on down to a lower security, cushier facility.
What we do know is she wants a deal of some kind.
Clemency is being talked about.
Trump talks about I have the right to pardon her, but I know nothing about it.
But the critical and incredible part of this is that the federal prison system doesn't
just accidentally put sex offenders in minimum security camps.
You need paperwork.
You need overrides.
You need sign offs.
Prison consultants have spoken out recently and said, listen, our job is place the people we work
with in better prisons.
We have never seen this happen with a sex offender.
Technically, Jelaine Maxwell wasn't even eligible for this transfer, meaning she needed a waiver,
meaning someone signed a waiver, maybe multiple.
Someone's made conscious decisions.
Let's bend the rules. The obvious question is why?
And more importantly, for whom, for whose benefit?
So this is not prison reform.
She doesn't really need to be in the floor.
This is protection and it's protection of Donald Trump.
The closer the Epstein files get to Trump, the better life gets for Gillian Maxwell.
So when people start doing the both sides thing, remember there is we were told Trump
would be the hardest hardcore guy against these child sex trafficking rings and transparency
we're going to get.
There's one side letting a convicted sex trafficker cut some kind of a deal in secret and end up two
days later in a lower security prison.
And what's forthcoming?
We don't even know.
It might be clemency.
It might be a pardon.
We know Trump's name is in the Epstein files.
We don't know as what is he a contact of Epstein client?
What is he?
The DOJ attempts to bury further disclosures. G Lane gets a private meeting and suddenly she's floating away from Florida over to minimum
security in Texas.
Victims get no answers.
And you can say the timing is a coincidence.
But who could possibly believe that even 50 percent of Republicans believe that Trump
is covering up the truth about Epstein.
So we're going to follow it very closely.
There were some legal analyses that it would be better for Maxwell to get clemency rather
than a pardon.
And there are some technical reasons regarding pleading the fifth and other things that's
beyond the scope of this discussion.
But it is very clear there is a lot of action here.
We know Trump's in the files.
Reporting is that Trump's terrified and the movement of Maxwell does not give me confidence
that we are going to see justice done here.
Most likely scenario.
I still believe the most likely scenario is Jelaine does her big tell all, but lo and
behold, Trump's not a player.
And then she gets rewarded with clemency or with a pardon or some kind of deal.
That's my prediction.
Let me know what you think.
Info at David Pakman dot com.
All right.
Well, this is what it looks like when the cracks start to show Trump fired the head
of the Bureau and Labor Statistics because he didn't like the jobs numbers.
And now there are even Republican senators who are saying this has gone too far.
This is enough.
I'm talking about Senator Tom Tillis, who's not buying it.
I'm talking about Senator Cynthia Lummis, who is not buying it.
These are nominally at least Trump allies.
They've defended him through indictments and impeachments and authoritarian power grabs.
But this blatant manipulation of economic data, they don't seem pleased with it.
Take a look.
It was just fired because the president or whoever decided to fire the director just
did it because they didn't like the numbers.
They had to grow up.
The president is firing the statistician because he doesn't like the numbers, but they are
accurate.
Then that's a problem. He doesn't like the numbers, but they are accurate.
Then that's a problem.
It is the sign of an authoritarian type.
Then when you get information you don't like rather than deal with the issue, you fire
the people who gave you the bad news.
So there is Bernie putting a fine point on it after we heard from Tillis and Lummis.
So maybe a line's been crossed here.
I mean, even many Republicans seem to know that when you start deliberately cooking the
numbers, the system breaks.
You can't run a country off of truth, social posts and propaganda ministers.
And if the public stops trusting the official numbers, markets will tank, stability will
collapse and reelection chances for Donald Trump's Republican friends also probably go
with it.
And Trump, I think, knows this to a degree, which is why he's panicking.
He's got a fake booming economy, but that narrative has been nuked by the jobs numbers.
And by the way, Trump's begging Jerome Powell to do something with rates that you normally
only do if the economy is in really bad shape.
That is not leadership.
That is dictatorship energy.
And now for once, his own party is saying it out loud.
Trump screwed himself.
And this time he might have screwed his defenders along with him.
Now, it remains to be seen where this all lands.
But what do we know?
We know that Republicans have tolerated a lot.
They tolerated Trump's crimes.
They tolerated humiliations.
They've tolerated policy flip flops.
Remember, Trump was going to do IVF.
He was going to be the fertility president and make insurance companies cover IVF at
no charge.
They're not doing it.
OK, so lie after lie.
They've dealt with blatant corruption because they believed Trump is our ticket to something.
The elected officials believe Trump was their ticket to power.
The voters believe that Trump had accurately scapegoated other people and said they're
the problem and I'm going to deal with it.
But you fire a statistician for telling the truth.
That's beyond authoritarian.
That's just instability and instability scares economies a lot more than bad jobs numbers
to a degree. Imagine for a second if Biden had fired a data official when we had revised March 20,
21 numbers.
I mean, just this is not a hypothetical.
We had Biden was president March 20, 21.
We got jobs numbers.
They were later revised down by 146,000 jobs.
Imagine if Biden had fired the commissioner of the Bureau of Labor Statistics at that
point in time, it would be 24 seven Fox News special coverage, constant investigations.
And was this even illegal firing?
And they'd be drafting impeachment articles.
Twenty fifth amendment.
This that the other thing.
Trump does it and they go, yeah, no, the numbers don't really make sense.
Except just a couple of Republican senators that have the testicular fortitude, the ovarian
fortitude to say this is not the right direction.
Bernie really gets it right, which is it's another trait of authoritarianism.
These are were if you look at the list and I know that so many people don't want to acknowledge
it.
And I know that some people even on our side don't want to acknowledge it because it's
terrifying.
I get that.
But if you go back to my interviews with Ruth Ben-Giott, expert on 20th century authoritarianism,
you see that all the boxes are being checked.
You don't like something that's going on in the country.
Well, just get rid of the, get rid of the person who's giving out the data and then
that's how you solve it.
So there's a couple of Republicans that seem to remember what integrity is.
Tillis isn't even running for reelection.
So as usual, we tend to get honesty from these people when they have no rate, late races
left to run.
But this is going in a direction that is only bad for the economy.
And if you think the stock market goes down when there's a bad jobs report, what happens
when jobs reports can no longer be believed?
It's not good for the economy that I can assure you.
A pending Supreme Court case could strip our Fourth Amendment rights and allow immigration
agents to come into our homes for any reason.
No probable cause needed.
All while Republicans try to twist things so that you think this is all great for America.
This should be the biggest story in the U.S. right now, but it's almost impossible to keep
up with the millions of moves that Trump is making every single day.
That's why ground news exists.
Ground News is an app and website that exposes the blind spots and spin before it takes control
of our opinions.
Ground News is the smarter, more reliable way to stay informed when MAGA is banking
on us getting distracted. I'm when you sign up. I'm nothing and it is just so convenient. Go to wild grain dot com slash Pacman to start your subscription and get thirty dollars off
your first box plus free croissants in every box every month.
The link is in the description.
Well, folks, the rasslin crowd really does not seem to like Donald Trump.
You might have seen that last week, Donald Trump hosted various athletes and wrestlers
at the White House.
And when video of that played during WWE's summer slam, I have to admit, I'm not a wrestling
guy myself.
I believe that this is summer slam is what it says there. They played video of Trump shaking hands with I'm told this is triple H. There was some
brutal, brutal, brutal booing.
This is this is not necessarily a crowd.
Here's the thing.
I don't want to assume that the UFC crowd and the WWE crowd
are the same. It seems pretty clear that they're different. I don't want to step on anybody's
toes. I don't know that I would have guessed the WWE crowd would hate Trump. But when Trump Um, this was not like a couple of booze from the nosebleeds.
This this was like a wall of booing unified in instinctive rejection of the orange guy.
And it's interesting in so far as there's a lot of entertainment first alpha male posturing
in MAGA MAGA seeks to make politics entertaining and to bring people in with that rather than
good policy ideas.
And it's all about posturing as macho and all of this stuff. You would think that
that might be a fit for WWE, but seemingly not, seemingly not. And so, listen, that is
not a political poll. It's a stadium full of people. They are paying money to cheer
for, you know, I don't think we can call WWE a blood sport. It is staged. I hate to remind people,
but you boo the guy who called himself or considered himself the ultimate showman. And
it wasn't even a live appearance. Trump didn't come out with entrance music. There was no promo.
It was this. He wasn't in the arena. It was just a video clip and it just set off raw disgust
against him. The most heavily staged event in the world, arguably
wrestling gave us an unscripted moment and we got one of the most honest and genuine
things that you could imagine getting out of it.
No spin, no press release.
Just here's Trump and just booing.
Funny note, Trump was once a WWE Hall of Famer and he did one of these staged, I guess it's a match,
I don't know, with Vince McMahon. And he was kind of part of the fabric. So even if he wasn't,
he wasn't political at the time, but he was certainly liked as an entertainer.
And now he's just getting booed like a villain that has overstayed his welcome. So I find these
viral moments funny because there is a sign that something deeper
may be happening or shifting. And when the theater of politics crashes into the theater
of wrestling and the crowd turns on you and they just go, we don't want anything to do
with this guy. There's an I don't want to call it an underworld necessarily. But in
all of these different on enclaves within MAGA, we're seeing the push pull with
Epstein.
You know, we heard from Republican senators who are like, yeah, the firing of the BLS
commission or that's too far.
Wrestling fans in all of these enclaves, you're seeing rifts and you're seeing problems.
And the question is, are they going to be reflected in voting?
And the saddest thing about all of this, and I'm going to talk about this in my segment
about what Democrats are doing wrong and in a lot of other places.
One of the saddest things is you can convince people one way or the other.
You can see a change of opinion, but 40 to 50 percent of the country doesn't even vote.
So you have to ask yourself in that scenario what we need in addition to just having people
say boo Trump.
I don't like the guy is OK.
Yeah.
But how many of you plan to actually vote?
Statistically, it's about one out of two.
That is not a way to win elections that we've learned.
And we're going to have to talk about the turnout piece as well.
Did you see what Donald Trump said about his twenty seven year old press secretary, Caroline Levitt, gushing, seemingly extraordinarily
titillated by her looks.
You know, you would think that by now, age 79, after all, to impeachments, indictments,
liability for sexual assault, you'd think Trump would have figured out how to verbally keep it in
his pants.
But here we are.
And the sitting president of the United States went on national TV Newsmax, but still technically
national TV, and got weird again.
This time about his twenty seven year old press secretary.
Listen to this answer this.
I didn't realize she'd be in the room, but she's on my list.
Caroline Leavitt.
She's become a star.
It's that face.
It's that brain.
It's those lips.
They way they move, they move like she's a machine gun.
Is she in the room?
She's in the room.
She's a star and she's great.
She's a great person, actually. But she she's I don't think anybody has ever had a better press secretary
than Caroline. She's been amazing. Mr. President. Totally normal way to talk about one of your
employees. Right. These are the same people saying workers don't really need protection.
And this is how Donald Trump is talking about his press
secretary who is 52 years younger than him. This isn't this isn't just cringe. This is that, you
know, we're sort of laughing because it's so cartoonish. This is power dynamics. One oh one.
This is the president of the United States fawning over the face and lips and a brain
of a subordinate on national television like it's a pageant
rather than a presidency, which is after all how Donald Trump seems to see things.
And you know, he mentions, oh, she's a great press secretary, too.
Sure.
But maybe keep the assessment to job performance.
Now, not the way her lips move like a machine gun, whatever, whatever that means.
So what I think is is really going on here is that this answer, it's 15 seconds of Trump
talking, right?
This answer really encapsulates a lot of important primary characteristics of Trump.
Trump primarily sees women through their looks and sexuality, primarily, not exclusively,
but primarily.
So you see that Trump cares about loyalty and image much more than substance and expertise.
And so Trump sort of weaponizes charisma and youth through Caroline Levitt, youngest press secretary
in American history.
And instead of respecting the milestone, he turns her into a spectacle.
She becomes like an accessory in the cult of Donald Trump.
And after all, Trump's the guy who said about his own daughter, Ivanka, if Ivanka weren't
my daughter, perhaps I'd be dating her.
And he talked about her body on the Howard Stern show.
So this is not a one off.
This really is a pattern.
And the pattern is that women close to Trump don't stay out of the spotlight.
They really become part of the show.
And this is a guy who partied with Jeffrey Epstein, as of
course, we know a man accused by more than two dozen women of various flavors of sexual misconduct,
a guy who we believe has a name that appears frequently in the Epstein files. And so he should
be especially careful about fixating on the lips of a woman 52 years older
than him, 52 years younger than him.
But Trump doesn't do shame.
He doesn't do boundaries and he doesn't care.
And with the Epstein files back in the headlines, legal scrutiny is sort of creeping closer
and Trump's making these kinds of remarks.
It's more than tone deaf.
It's potentially incriminating and it's not harmless,
not when the show includes the most powerful office in the world. And so we've seen time
and time again how Trump choosing image over substance leads to chaos. It leads to turnover.
It leads to scandals. And it also has led to lawsuits over sexual misconduct. Now, to be fair, Caroline Levitt is not a wide eyed, naive intern.
She really is a hardened maga communications pro.
She's a culture warrior in the most extreme sense of it, calling for Trump to get a Nobel
Peace Prize, you know, totally with a serious expression supported, referring
to the Gulf of Mexico as the Gulf of America.
So she is not a naive bystander here, but that doesn't include or doesn't excuse rather
a Trump treating her like a character in like a 1950s ad for mouthwash or, you know, talking
about her the way in the 50s they talked about, quote, nervous women.
But this is the president we have.
He's got the nuclear codes and he can't talk about his own press secretary without sounding
like a guy cat calling the drinks girl from a golf cart.
This is the regime where professional women are often props for Trump, part of the political
theater that he builds up and the guy at the top is
just, you know, thinks that those lips and that face is a compliment worth airing to
millions of people.
The mega people don't care about this for everybody who's not part of the cult.
It's, you know, confirmation that Trump is the guy we have come to believe him to be.
Well, Caroline Levitt did it.
She has given up whatever last shreds of personal dignity she had.
And she has now said Donald Trump should be getting the Nobel Peace Prize.
She demanded that he get the prize.
This is the same prize that has been given to people who ended wars, who brokered peace
deals, who
fought for global human rights.
And who does Caroline Levitt think deserves that prize?
Donald Trump, the guy indicted four times, convicted on 34 felonies, escalating military
tensions in so many different parts of the world.
But he bombed Iran and Trump said, I've made peace by bombing Iran.
Give me the Nobel Peace Prize.
Now, it's not lost on us, of course, that Trump seems enamored with Caroline Levitt
over the weekend when asked about her saying, oh, those lips, that face.
And here is Caroline Levitt.
This is how she earned it.
She's remaining loyal.
The president has now ended conflicts between Thailand and Cambodia, Israel and Iran, Rwanda
and the Democratic Republic of the Congo, India and Pakistan, Serbia and Kosovo and Egypt
and Ethiopia.
This means President Trump has brokered on average about one peace deal or ceasefire
per month during his six months in office. It's well past time that President Trump was awarded
the Nobel Peace Prize. There you go. I mean, just don't even go through the normal process.
Just give it to Trump. Now, for people who are sort of historians of the Nobel Peace Prize,
it has always carried symbolic weight. When Teddy Roosevelt got it in 1906, he had negotiated peace in the Russo.
I guess you say Russo Japanese war, the war between Russia and Japan.
When Martin Luther King Jr. got it in 1964, he advanced racial justice through nonviolence,
nonviolence.
When Obama got it in 2009.
Obama.
Yeah, even that was controversial, but at least it was based on an explicit rejection
of torture on diplomacy with Iran on disarmament proposals.
Still controversial.
We've now got Caroline Levitt saying the guy who threatened to bomb the shit
out of countries who praised war crimes, who did bomb Iran. He deserves the same award. Now
it is a total clown show dressed up as diplomacy and self aggrandizement.
And it's part of a larger pattern, which is the authoritarian glorification of one man,
the cult like glorification.
When you look at autocratic regimes, the cult of personality is fed by these absurd gestures.
Let me march in a completely whacked out, exaggerated way to show how devoted I am to
the leader.
Let's say that the leader got 100 percent of the vote, as I think Saddam Hussein previously
did.
Or let's pretend that Kim Jong Un invented all of these things that he didn't really
invent.
These obviously ridiculous declarations are about control and they're about showing that
you are part of the team.
You're showing your
loyalty and it's almost better if it's not believable. It shows just how devoted you
are. I'm so devoted. I'm willing to say things that are obviously untrue. Caroline Levitt
is not just trying to flatter Donald Trump. This is an enforcement of the new normal.
We do not care about the truth. History is what we say it is.
Trump is not just a man. He is a legend. He's a myth. And if you laugh it off and you go,
these people can't possibly be for real. You're missing the point because it might start as a
joke, you know, demand for the Peace Prize for a warmonger. But it ends in real damage because
it starts to undermine international norms and it redefines merit as just loyalty. It rewards
propaganda. And we've talked tragically, you know, we've talked about how democracies sort of
evaporate. We've interviewed Ruth Ben-Giott, who's an expert on this issue.
It's rarely with a bang.
It's you start giving absurd stuff, standing ovations.
You start giving prizes to absurd stuff.
And so when Trump's own face goes, I don't even know that I would have said that out
loud.
You start to see other people believe it and you go, man, they've they've really done it.
That's actually one of the classics, which is the cult leader starts going.
I don't even know that I would have said that, but I'll accept it.
It's that if that's what the followers are willing to say, the con has taken on a life
of its own.
The only thing that would make this worse.
And I really hope it doesn't happen And I really hope it doesn't happen. I
really hope it doesn't happen if they give them the Peace Prize. Oh, boy, that will be yet another
layer of insanity. But I I do think, you know, we talk about institutions and are they robust? Are
they not? Can we count on them? I would be surprised evens. I know it's 20, 25. I would be surprised
if they give him the peace prize. What do you think? Let me know info at David Pakman
dot com or leave a comment. Do you think the Nobel committee would give this guy a peace know you a to go. Get 15 percent off your lumen by going to lumen dot M E slash Pacman. The link is Ten Commandments on the Wall, religious chaplains taking the place of trained counselors, and
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Donald Trump gave a Newsmax interview so horrible that even the interviewer seemed a little
confused as to what is going on with Donald Trump.
If you think by now Trump has a coherent message on the Epstein files, you're wrong.
He still doesn't have such a message. Here Trump was asked about the release of the Epstein files. You're wrong. He still doesn't have such a message. Here, Trump was
asked about the release of the Epstein files and he's still going with this thing. I want to release
it. But people, people could get hurt. People like Trump could get hurt. Right. Your deputy
attorney general sat down with Glenn Maxwell for nine hours. I'm just wondering when the American
people get to hear what she said during that interview.
Well, I don't know because I haven't spoken about it, but he's a very talented guy, Todd
Blanch, and a very straight shooter.
And I think he probably wanted to know, you know, just to get a feeling of it, because
we'd like to release everything, but we don't want people to get hurt that shouldn't be
hurt. And I would assume that was why he was there. Because we'd like to release everything, but we don't want people to get hurt that shouldn't be heard.
Yeah.
And I would assume that was why he was there.
I want to release everything.
I just don't want people to get hurt.
You can't have people associated.
All of a sudden, people getting hurt matters to Trump.
Release the MLK files.
MLK's descendants said we don't necessarily want this stuff released.
Doesn't matter.
Release it anyway.
But now only when it comes to Epstein.
You don't want people getting hurt.
And when I hear that, I hear you don't want people like me getting hurt who could get
hurt if these files were to come out.
Trump asked about Ghislaine Maxwell, is clemency on the table for her?
See if you can pick up the interesting thing Trump does in answering this question.
Let me ask you, Mr. President, just about pardons.
I've got three names for you.
And the first one, look, the media didn't care about this story when Joe Biden was in
office.
Suddenly they care about this story again.
Ghislaine Maxwell serving 20 years in prison for sex trafficking.
Is clemency on the table for her in exchange for testimony?
I'm allowed to do it, but nobody's asked me to do it.
I know nothing about it.
I don't know anything about the case, but I know I have the right to do it.
I have the right to give pardons.
I've given pardons to people before, But nobody's even asked me to do it.
First of all, one of the biggest sex trafficking cases in history.
And Trump knows nothing about it, despite the fact that it was one of his former friends
doing the trafficking, who then was arrested while Trump was president and died by suicide
in his prison cell while Trump was president.
And Trump knows nothing about it.
If you believe that, I'm sorry, you're probably pretty far gone.
But notice that Trump was asked about clemency and he brings up I have the right to give
pardons.
Well, you weren't even asked about a pardon.
You were asked about clemency.
By the way, everybody knows Trump's allowed to do it.
The question is, why would he do it?
And what I would love to hear is follow up along that Trump interjecting in the middle
of the pardon talk, his goals with pharmaceuticals.
And he again, struggling visibly with basic math, says he
wants to get drug prices down by twelve hundred percent. Show me the arithmetic on that, sir.
And his group, Marty McCary, is fantastic. And, you know, I want to get the drug prices
down by a thousand percent, twelve hundred percent. You know what I mean by that? I want
to get them down so like we pay the same as other countries because we pay sometimes
ten times more than Germany and France and other countries and it's not fair.
And we've gone to war with the drug companies and frankly other countries on it.
And I think we're going to be very successful fairly soon.
We'll have drug prices coming down by five hundred, six hundred, eight hundred, even
twelve hundred percent.
If you don't want to answer prices will come down by twelve hundred percent.
Could you show me the math of that?
Is there any way that you could do that, sir?
Pardon talk continued.
What about Diddy Sean Combs?
Would you pardon Diddy? I don't know. But nobody's even
asked me to do it. Sean Diddy Combs. Right. Would you consider pardoning him? Well, he was essentially,
I guess, sort of half innocent. Yeah, I don't know what they do. Still in jail or something. But
he was celebrating a victory, but he seems I guess it wasn't as good as a victory.
Probably.
You know, I was very friendly with him.
I got along with him.
Great.
OK, let me just pause here.
Why would Trump bring that up?
Remember, loyalty is the currency.
What can I do for my friends?
Are they still my friends?
Did they talk good about me?
Did they talk bad about me? Did they talk bad about me?
That Trump always.
You know, when I think about whether the pardon him, he I was friendly with him and seemed
like a nice guy.
I didn't know him well.
But when I ran for office, he was very hostile.
He said some not so nice things about you.
And it's hard, you know, like you were human beings. Right. It's and we don't like
to have things cloud our judgment. Right. But when you knew someone and you were fine
and then you run for office and he made some terrible statements. So I don't know. It's
more difficult. It makes it more. I'm being honest. It makes it more difficult to do.
But it's not about whether there was prosecutorial misconduct.
It's not about whether Trump feels the law was incorrectly weaponized against Diddy.
It's he did say some things about me when I was running that I didn't really like and
that that is really I'm just not sure we used to be friends, but now we're not.
This is this is the barometer.
This is the rubric for someone like Trump.
We then get to George Santos.
Is there anybody that Trump won't pardon?
What about George Santos?
OK.
And what about George Santos?
Boy, he just went away seven years.
You know, he was he lied like hell.
Yeah. Well, he was, he lied like hell. I mean, I have to tell you.
And I didn't know him, but he was 100% for Trump.
But I didn't, you know, I didn't, I don't, I might have met him, maybe, maybe not, I
don't know.
But he was a congressman and his vote was solid.
It sounds like a lot.
He got in, you know, you could blame the other side for not checking him out.
He didn't do all those things that he said.
Yeah, the local news missed it. Everybody missed it.
Well, you could say the media missed it. Everybody missed it. They found out about this stuff
after the election was won. So nobody's talked to me about it. So they really, you know,
they haven't talked to me about the two. They have talked to me about Sean, but they haven't
talked to me about the two. But again, with him, I have the right to do it.
Nobody asked me, but it's interesting.
He is at seven years, seven years.
He just went away.
Yep.
You know, he was a big mega guy.
That is it tells you everything you need to know.
It's about Trump and it's about the most valuable currency in the world for Trump, which is
loyalty, just absolutely wacky stuff.
Finally, Trump wrapping the interview and as deranged and dilapidated and delusional
as his comments about pardons were this word salad about the jobs numbers is actually what's
freaking people out, because as usual, it's not clear Trump understands anything.
Before the message, I have to say that I think that these numbers were incorrect today, not
that they were horrible.
I've seen much worse numbers than this, but I think that these numbers were incorrect
today because nobody saw this coming.
Nobody saw the the smaller numbers not only announced, but going back and restating her numbers because
she made a mistake.
You know, that was the bigger numbers.
So I think they're wrong.
Very importantly, we have prices down.
We have energy way down.
Inflation is almost nonexistent.
It's way down from what it was.
They had the highest inflation.
Note that the inflation rate is roughly the same as when Biden left office.
I really essentially in the history of our country, they say 48 years. I would say it's
much beyond 48 years. The place was a mess. June of 2022 was over 9 percent. Right. Right. So
they left office. It was one point four percent. That's correct. And now we have it down again.
We brought it down. But prices are down. You know, when I hear the demo.
And of course, remember that prices are not down.
Prices are not down.
Question.
Do you think Trump doesn't understand that?
Imagine that I say to you, hey, we're starting with a price level of 100 and the price has
now gone up five percent.
Math is easy, right?
OK, we went from 100 to a price level of 105.
If I get the rate of inflation down from five percent to two percent, prices don't go down.
They still go from one oh five up two percent, which would be like two point one to one oh
seven point one.
The rate of increased has of increase has slowed down, but prices are still going up.
Notice that Trump is telling you things that are impossible in the same clip.
He's saying we've gotten the inflation rate down, not deflation.
The inflation rate is lower.
Now it's not true, but imagine that it were.
Well, then he goes.
Prices are down.
Wrong. You just said you've gotten the inflation then he goes, prices are down. Wrong.
You just said you've gotten the inflation rate down, meaning prices are still going
up, but more slowly happens not to be true.
But why let a good statement get in the get in the way of the truth?
I don't know that Trump even understands what inflation is.
That's my takeaway here.
Does Trump realize that when the inflation rate comes
down, prices still go up? Let me know in a comment. Let me know in an email at info at David
Pakman dot com. Magus spokespeople are collapsing under the pressure of Donald Trump's economic lies.
They are barely able to hold it together because Trump is straight up gaslighting the country and his followers
about what's going on in this economy.
And his defenders are now melting down on live television.
You know, it's bad when even Kevin Hassett, the director of the National Economic Council
of the United States, gets into an exchange about the jobs numbers.
Remember, Trump didn't like the disastrous job numbers, so he fired the person who compiles
the numbers.
Don't want to be pregnant.
Just don't take a pregnancy test.
Don't want covid cases.
Slow down the testing.
Right.
That's the approach here.
So Hassett was asked.
Trump claims the numbers were wrong.
Do you have evidence?
And Hassett says the numbers are themselves the evidence.
All right.
But bottom line, were the numbers wrong?
Do you have any hard evidence that you can present to the American public that these
numbers, these revisions that were reported and there were plenty of revisions under former
President Biden, including right before the election. Do you have any hard evidence that
these numbers were wrong?
Yeah, there are is very hard evidence that we're looking at the biggest revisions. It's
rock hard.
No, if you look at the number itself, it is the evidence.
But just saying it's an outliers, not evidence.
It's a historically important outlier.
It's something that's unprecedented.
So unprecedented.
It's still not looking at it for 40 years.
And I'm like, it must be a type.
The argument is.
I believe this has never happened before.
Therefore, by definition, it must be a lie.
The books must be cooked. The problem is that not only is the assumption not valid, sometimes something worse than
ever before happens.
That's just a reality.
If you look back at revisions in March of 2021, Biden was president.
There was a downward revision of one hundred and forty six thousand jobs.
That's a bigger review because remember, we saw here we saw a revision of down to 58 K
over two months in March.
Twenty one.
Biden was president.
Downward revision, 146000 jobs.
So the claim we've never seen such a big revision is a lie.
But what do you think they said back in March of 2021, the month after, right, when the
numbers were revised down?
What do you think they said when March numbers were revised down and Biden was president?
Did they say, oh, the commissioner of the Bureau and Labor Statistics is clearly cooking
the books.
We've never seen such a big downward revision.
No, they said, look at these numbers.
We trust the numbers.
We believe the numbers.
What a terrible job Joe Biden is doing.
So their argument is the data must be a typo.
That's it.
That's it.
This is all because we were told there would be a booming economy by now.
And it turns out that those inflated jobs numbers that Trump bragged about, which weren't
so good to begin with, were wrong.
They were really wrong.
And the defense from Kevin Hassett is I looked at a chart, I misread it, by the way, and
I believe that it's just a typo.
No data, no alternate numbers, just a denial.
And this is the best that they've got.
They spent years pumping us with propaganda, like almost like they were
injecting bleach. They were injecting propaganda Trump's economy. It's going to be like nothing
we've ever seen. And now that we're seeing the numbers and reality is sort of setting in here,
they're sputtering on air. They're stunned. Anybody has the audacity to ask for proof.
And it's very revealing.
This is what happens when a political movement builds its identity around a cult leader instead
of around facts.
If you build a movement around facts, when the facts change, you just adapt to the facts.
When you build a movement around a cult leader, when the facts change, you need to find better
hat facts that are going to placate a cult leader. When the facts change, you need to find better hat facts that are going to placate the cult leader. And when the facts fall apart, the spokespeople
do too. Here's another one. Kristen Welker asking Hassett, is the president going to
fire anybody who reports data that he doesn't like? Good question. The president prepared
to fire anyone who reports data that he disagrees with.
No, absolutely not. The president wants his own people who reports data that he disagrees with. No, absolutely not.
The president wants his own people there so that when we see the numbers, they're more
transparent and more reliable.
And if there are big changes and big revisions, we expect more big revisions for the jobs
data in September, for example, than we want to know why.
We want people to explain it to us.
There you go.
Of course, there is no evidence that the people Trump selects will give us more reliable information.
In fact, I would be very suspicious of that.
Imagine if we had allowed Trump's people to give us information about the 2020 election
that they would have said, well, Trump won.
He gets to be president.
So we know from experience Trump's people giving us the information isn't great.
Finally, those sirens you were hearing in the background of the interview, massive protests
in D.C. happening to sort of enhance the dystopian mood of these extraordinarily authoritarian
interviews. President Donald Trump is getting ripped to pieces and is suffering a historic
meltdown in the wake of jobs numbers that just don't paint a great
picture of this economy.
We've moved beyond the denial.
We are in a way getting beyond even the spin.
And what Donald Trump is now doing is a full blown attempt to erase reality in real time.
The latest jobs report drops and it's bad.
We've addressed that.
Markets fall.
Confidence is rattled.
What does Trump do other than firing the person responsible for reporting and compiling the
numbers?
He explodes on truth.
So central Trump, quote, too little, too late.
Jerome, too late.
Powell is a disaster.
Drop the rate.
The good news is that tariffs are bringing billions of dollars into the USA.
Of course, tariffs aren't bringing any money into the USA.
They are just moving money from the companies that import foreign goods to the Treasury.
That's all that's going on. Then Trump launches into a delusionally paranoid monologue accusing former BLS commissioner
Dr. Erica Meckentarfer of faking the jobs numbers in order to help Kamala.
He says the numbers were rigged.
The truth is, the economy is is booming. Trump saying, quote, I was just informed that our country's jobs numbers are being produced
by a Biden appointee.
Dr. Erica Meckentarfer, the commissioner of Labor Statistics, who faked the jobs numbers
before the election to try and boost Kamala's chances of victory.
This is the same BLS that overstated the job growth in March 20, 24 by approximately eight
hundred and eighteen thousand.
And then again, right before the twenty twenty four presidential election in August and September
by one hundred and twelve thousand.
These were records.
No one can be that wrong.
We need accurate jobs numbers.
I have directed my team to fire this Biden political appointee immediately.
She will be replaced with someone much more competent and qualified, which means someone
that will give Trump the numbers he wants.
Important numbers like this must be fair and accurate.
They can't be manipulated for political purposes.
Meck and Tarfer said there were only 73000 jobs added.
A shock, but more importantly, that a major mistake was made
by them.
Two hundred fifty eight thousand jobs downward in the prior two months.
Similar things happened in the first part of the year.
Always to the negative.
The economy is booming under Trump, despite a Fed that also plays games, this time with
interest rates, where they lowered them twice and substantially just before the presidential election, I assume in the hopes of getting, quote, Kamala elected.
How did that work out?
Jerome, too late, Powell should also be put out to pasture.
Thank you for your attention to this matter.
And finally, Trump saying, quote, In my opinion, today's jobs numbers were rigged in order
to make the Republicans and me look
bad, just like when they had three great days around the twenty twenty four presidential
election.
And then those numbers were taken away on November 15th, twenty twenty four, right after
the election, when the jobs numbers were massively revised downward, making a correction of over
eight hundred
and eighteen thousand jobs.
A total scam.
Jerome, too late.
Powell is no better.
But the good news is our country is doing great.
So the key line here of all of this is, in my opinion, in Trump's opinion, jobs numbers
were rigged in Trump's opinion, jobs numbers were rigged in Trump's opinion.
The economy is doing well no matter what the jobs numbers say in Trump's world.
Facts are treason if they don't make Trump look good and objective reality becomes an
enemy combatant.
If it's counter to what Donald Trump wants you to believe, he can't explain why job growth
has stalled.
He can't explain why the tariffs are leading to higher prices.
He can't explain why the Fed isn't jumping in to bail him out.
So instead, he builds this fantasy that everything's great.
The tariff money comes from other countries.
Grocery prices are down and job creation is at historic highs, even if he can't get anyone
to actually say that they can find a shred of evidence of any of that.
The most tragic part of all of this.
And I hate to admit it.
I wish it weren't true.
But the most tragic part of all of this is that it is convincing a lot of mega people.
You look on Twitter X, you look at the excretions that a lot of magas are putting out and they've
fallen for it. They really believe that the BLS commissioner cooked the books absent any
evidence of that. And the funny part is you can get corroborating information.
You can look at different reports that focus on, for example, just manufacturing numbers.
And you see that the component parts of the BLS report are corroborated elsewhere.
What you have to believe to believe the numbers from the BLS are wrong is that they can't
do math. They can't do math.
They can't do arithmetic addition.
But if you go and you find underlying data and you take a basic estimate, you find that
these are exactly the right numbers.
We are going to have to now battle not only a declining economy, not only an administration
that simply can't accept things might not be so good.
We're also going to have to fight the magas who are going around saying the economy really
is great.
The thing is, for people for whom the economy isn't great, I don't believe we're going to
fall for it.
Every few weeks, there's another headline about a massive data breach, your bank hospital,
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level of visible, palpable desperation in the context of the collapsing jobs economy
is now making Trump say things that don't make any sense.
And it's making even MAGA people start to wonder, is this the right path?
Is it really the right path to ignore a jobs report that by all accounts is accurate and
jump on the Trump bandwagon of the woman who oversaw the report was partisan and should be fired.
This is the press conference that has sort of sent terror down the spines of some in
MAGA because they are starting to realize this might not be sustainable, never mind
acceptable in terms of winning future elections.
So here is a very confused Donald Trump mixing up jobs and dollars, claiming that the now
former commissioner of the Bureau of Labor Statistics had a reduction of eight hundred
thousand dollars before.
Of course, Trump means jobs.
He's confused.
He's disoriented.
Why did you fire that of the Bureau of Labor Statistics?
I think our numbers were wrong.
Just like I thought our numbers were wrong before the election days before the election.
She came out with these beautiful numbers for Kamala, I guess, Biden slash Kamala.
And she came out with these beautiful numbers trying to get somebody else elected.
Then right after the election, I think on the 15th, November 15th, she had an eight
or nine hundred thousand dollar massive reduction.
Said she made him.
He doesn't know what he's talking about.
She had a reduction of nine hundred thousand dollars.
Trump's trying to talk about it was a reduction in jobs, but he's confused.
But the substantive and primary question is, why does Trump believe these numbers were
phony when Kevin Hassett was interviewed over the weekend?
He said, well, the fact that there was a revision is the proof that the numbers were messed
with.
But of course, there's always revisions.
And when the revisions are in the favor of MAGA, like when Biden had a big downward revision
in March 20, 21, they say, look at the number.
They don't question the numbers when the numbers favor them.
And so Trump was asked again about the phony numbers.
And Trump goes, you know, I believe the numbers are phony and I fired her and I was right
to do it.
But today we're doing so well.
I believe the numbers were phony just like they were before the election and there were
other times.
So you know what I did?
I fired her.
And you know what?
I did the right thing.
Trump has evaluated his own firing in a completely objective manner and has determined that he
was correct to fire her.
Let's pat each other on the back and give each other medals.
Now, final question here.
Trump was asked more broadly, if you get numbers you don't like, should the people who assemble
those numbers be worried about getting fired?
And Trump just kind of go.
I think he's kind of saying yes.
If it's you know, he's always kind of dancing around the answer.
But I think he is saying yes.
If any government official going forward is presenting data or information you don't like,
should they fear for their job?
I've always had a problem with these numbers.
You know, I was thinking about this morning before the numbers that came out, I said,
who is the person that does these numbers?
And then they gave me stats about before the election.
I had a similar problem.
I mean, she gave out numbers
that were so good for the Democrats.
It was, like, unbelievable.
And then right after the election,
she corrected those numbers with,
I think, almost 900,000 corrections.
I think nobody had ever seen anything like it.
Well, today she did the same thing with the two hundred and fifty three thousand, whatever
the number was.
No, no, we need people that we can trust.
I mean, your question, your question is a very good one.
We need people we can.
You know, it's funny if you sit back for a second and you consider that on the one hand,
Donald Trump is saying
the job numbers are fake.
Their jobs numbers are really good.
But we got this fake number from the former commissioner of the BLS.
Trump is also saying, I really need Jerome Powell to cut federal interest rates right
now.
So if you put together Trump's messaging on the economy, it's incoherent.
Trump's messaging is the economy is so good that I'm firing the person who reports numbers
so bad that they couldn't possibly be true.
And also, I'm begging the Fed to cut rates at a speed and down to a level that you only hear about
during recessions.
If the economy is really as good as Trump says, why would he be begging the Fed for
a funds rate that you see during recessions?
But maybe I just don't understand something about rates and job numbers and the entire
thing.
This is not even as bad as it got for Donald Trump over the weekend.
We are going to take a look at other interviews that he did.
But you stick a camera and a microphone in this guy's face and his authoritarian instincts,
his I'm smarter than everyone reflex can't be suppressed.
There's some behaviors Trump can control.
He cannot control his instinct that he's smarter than everybody.
He knows more than everybody.
And he should be the sole person in charge of everything.
If you were to ask him, all right, this is a very big deal.
We have a leaked memo from Donald Trump's own Department of Homeland Security.
And this exposes something absolutely terrifying.
This memo is the blueprint for really turning the military of the United States inward against
us, against me, against you.
Now we've already seen a lot of this buildup.
We saw military planes deporting migrants with no due process. We
saw the National Guard in Los Angeles. We saw Marines patrolling American streets. That
was really just a warm up. This memo lays out the next phase of this where DHS officials
are pushing the top brass of the Pentagon. So I'm talking about the Joint Chiefs, Northcom.
They want him to get serious about one thing.
Treat immigration like terrorism.
Treat immigration like Al Qaeda, like ISIS, and use the full force of the American military
to do that, not just at the border, but in cities across the country and for years to
come.
Now, the document even says this stuff out loud.
DHS wants the military to feel, quote, the urgency of the homeland defense mission.
That's not border defense.
That's boots inside the country on the ground, on the streets.
We heard this rhetoric right after 9 11.
But now they're using it against people that are fleeing poverty in other countries, not
people that are flying planes into buildings and they're manufacturing a sense of sort
of national trauma to justify domestic forever war.
Remember the endless global war on terror goes on forever.
What about the endless domestic war against terrorism, which is immigration that they
want to rebrand in that way?
Don't take my word for it.
The memo equates migrant gangs to terrorist cells operating inside the United States.
And the kicker is that they know it's dangerous.
The memo itself says that they're not writing down a lot about this plan because it's a
very sensitive plan that the country might react negatively to, which means they know
that this crosses the line, but they want to do it anyway.
This is the Trump doctrine.
Now we're going to take fear and we're going to weaponize it.
We're going to militarize domestic policy.
We're going to gut civil liberties and we're going to keep it vague enough that the full
plan can't really be pinned down until it's too late.
If you think it sounds extreme, remember that ICE is getting a hundred billion dollars and
the military is being asked to detail personnel inside ICE and CBP.
What do you think happens when this money is spent?
They are trying to make the L.A. crackdown really look like just a template.
It's not an outlier.
It's the playbook.
Here's what we were able to do in L.A. Gavin Newsom, the governor, didn't want it.
We did it anyway.
Karen Bass, the mayor, didn't want it.
We did it anyway.
It was like a three block by three block radius.
But we convinced a bunch of people that we needed troops there.
And all of it, I guess, is they can't actually deal with the root causes of immigration.
So they need a new boogeyman.
And importantly, oftentimes I will say something like, hey, you know, there's a lot of different
aspects to this immigration thing.
But the U.S. is a wealthy enough country that we could be working with the source countries
of undocumented immigration to mitigate the conditions that cause people to want to come
here in the first place.
I know that this is hard for a lot of magas to acknowledge.
Most people around the world don't want to move to the United States. The magas operate under the belief that if anyone could just come here, um, the world's
eight billion people would all come to the United States.
The truth is a relatively small number of people want to come to the United States and
most of the people that want to want to because of the economic conditions or the safety conditions
in their country, political instability, economic instability.
So sometimes I'll say we could work with those countries and try to make the situation better
than people wouldn't try to come here.
We wouldn't need to spend the money on the detentions and the deportations and all of
it.
And people will write in and go, David, why would we give other countries money?
It doesn't make any sense.
They haven't earned that.
Well, do you care about this strict father morality or do you just want to do what solves
the problem?
The best way to deal with the undocumented immigration issue is reduce the desire for
people to come here in the first place by making things better in their country.
Republicans don't want to do it or they can't do it or they think their base would punish
them for it.
So instead they're going, oh, we need to treat immigrants like terrorists.
Let's deploy the military.
The most dangerous part of this is that if the military becomes normalized as a tool
of law enforcement, it's very difficult to go back on that.
You can't unflipped that switch.
Historically, when the military is ingrained as doing domestic law enforcement, the only
way that that gets stopped often is when the entire regime falls.
And that's very ugly.
It can be bloody.
Literally, it can be bloody economically.
So that's a terrifying direction for it to go.
So we're beyond this is theoretical.
It's really operational.
Now, the people sounding the alarm include defense experts who understand, like, if we
divert the military for this, our national defense is going to get weaker.
Legal scholars who say that the legal aspects of this are an absolute abomination.
Former military officials are saying this is not what the military is supposed to be
used for.
And they are all saying this memo is a step towards authoritarianism.
If you want to know what it looks like when democracy starts to erode from the inside
out, it's classified meetings where the DHS and Pentagon say, here's what we're planning.
It's so radioactive and so volatile.
We should limit how much we write about it.
You want to know what a ticking time bomb looks like?
This is it right here.
And this is why when people call in and go, David, I'm thinking about leaving the country.
Who am I to say no stay?
We obviously need people to stay.
If we all leave, we cede power to the worst people.
But who am I to say, no, you should really stay instead of leaving where you might be
safer with your family.
I get why people are doing it.
This is a disaster.
Have you ever watched somebody lie so confidently that you start to wonder if they believe their
own lies?
Well, Newsmax took one look at July's absolutely catastrophic jobs report and they said, oh,
this is good news all around.
Good news all around.
I'm not kidding.
Jobs growth collapsed to 73000.
The explanation or the expectation was 110000.
So 73 instead of 110 is about a 33 percent shortfall, not a small miss.
The previous two months were revised downward by a combined two hundred and fifty eight
thousand jobs.
Biggest downward revision since the early days of covid, which, by the way, we've seen
Biden have downward revisions to they had no issues with the numbers.
Then markets plunged.
Recession fears spiked.
And Newsmax says a few fewer jobs than expected.
Not really bad and pretty good news all around.
It's sort of like, hey, your house didn't burn down.
You've transitioned it into open air living.
Or it's like saying, oh, failing the test isn't a big deal because your name was written
perfectly at the top of the page.
And the kicker is they don't even mention the downward revisions because the truth is
inconvenient when your job at Newsmax is to protect the image of a Trump that is completely
unraveling on social media.
Take a look at this month of July unemployment rate ticks up one tenth of one percentage
point to four point to 73,000 jobs created. Unemployment rate is
expected jobs a little bit below what Wall Street expected at 110,000, but I would say mostly in
line with that expectations. Yeah. Yeah. Good. There we go. All right. Well, we'll have more
on that throughout the day. And remember, you can always go to, yeah, good news all around.
Newsmax.com for more breaking news. Now let's get back to the newly declassified documents and more proof of what President
Trump has always said.
What many conservatives always knew.
Russia, Russia, Russia, an election scheme of the Hillary Clinton campaign.
There you go.
Forget about the fact that jobs numbers are reaching recession era levels.
Forget about the fact that Trump is blatantly lying to you.
Good news all around from this disastrous jobs report.
And let's get to the real story.
The real story, which is Obama and Hillary did the Russia hoax.
I can't even keep up at this point in time.
Now the problem is if you are a Newsmax viewer and I know that's hard to imagine, I have
a couple of friends who say my dad watches Newsmax and they just accept it.
They accept it like it's real reporting for viewers who don't check the facts.
They walk away from this thinking Trump is the jobs guy.
The data says something different.
It's gaslighting, you know, in 4K with makeup and
whatever. But they walk away thinking Trump is doing such a great job. Now, if this same
report had come in under Biden, they would be saying, we forget about a recession. We
are in a depression. They would be screaming from the rooftops. They'd be running B roll
of soup lines from other countries decades ago and saying this
is the end of the end of the end.
But under Trump, they characterize this as good news all around.
It's the people on the Titanic as it sinks who say, I love that we're given the opportunity
to go for a swim here.
That I just absolutely love it.
And so our challenge and you know, I'm going to address this in a broader, in a broader
context.
The challenge for Democrats, quite frankly, is going to be you.
Most of the people.
Let me, let me.
OK, let me back up.
I think that a large share of the people who voted Kamala understand that these are the
real jobs numbers.
They get seventy three thousand isn't good.
It was supposed to be 110.
It's 73.
We're losing hundreds of thousands of jobs to downward revisions.
This isn't good.
So the question is, what, if anything, can Democrats put together to actually motivate
people who wouldn't vote
to make sure that they're going to vote these people out next November, not this November,
next November?
But bigger picture.
How does this open the door for Democrats to frame themselves as actually having a coherent
not only message, but plan?
Because this is some of the worst
propaganda I've ever covered ever.
And I've been doing this a while, but I've also I don't know that I've ever seen Democrats
less equipped to really deal with this in a substantive way.
So we're going to be expanding on that because that's going to be a big problem.