1044: When Fox News Starts Saying "Trump is Bad" (and Other Wild Predictions)
The Next Level
The Bulwark
4.8 • 3.2K Ratings
🗓️ 31 December 2025
⏱️ 38 minutes
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| 0:00.0 | There is a new set of overlords. These are people who divide us so that we don't notice what |
| 0:06.9 | they're doing and how much they are consolidating power. |
| 0:12.2 | Hello, everyone. This is JVL here with my best friends, Sarah Longwell and Tim Miller of the |
| 0:18.5 | bulwark. And we are riding with you guys one last time in 2025 |
| 0:23.1 | with a look ahead to how terrible things are going to be next year. When everything just keeps |
| 0:30.1 | getting worse, that's how it is. You know, you know, that's seen in office space where Ron Livingston's |
| 0:35.3 | like, this is the worst day of my life. And every day after |
| 0:38.2 | that has been worse. So every time you meet me, you're meeting me. I'm on the worst day of my life. That's kind of, I feel like America's doing. Wow, that's messed up. We're going to play a little game. We're going to go through and each tell you two things that we are. Yeah, it's going to be great. Two things that we are concerned about for 2026. |
| 0:57.0 | And then two things that we're, yeah, it's going to be great. Two things that we are concerned about for 2026 and then two things that we're hopeful about. |
| 0:59.9 | I'll just start us off. |
| 1:01.6 | I'm pretty concerned about the slow breakdown of the financial system in America. |
| 1:05.1 | Donald Trump is going to name a new chairman of the Federal Reserve in 2026. |
| 1:10.7 | He has made it very clear that he has |
| 1:12.7 | litmus tests and that he will not appoint somebody who's not going to slash rates. He's got |
| 1:17.7 | Kevin Hassett sitting right there. Kevin Hassett is like a fucking sock puppet. He actually |
| 1:24.1 | looks like a Muppet when you think about it. And breaking down the political wall |
| 1:29.9 | between the presidency and the executive branch and the Federal Reserve, the central bank, is |
| 1:34.9 | a huge deal and the kind of thing that takes decades to recover from. Because what you have |
| 1:43.0 | to do, all the financial markets globally have to decide |
| 1:46.2 | that they trust you again and that it's not going to happen. And I think Trump is going to want a |
| 1:52.4 | chairman who's going to push rates back down to zero. It's going to want ZERP. And we're going to be |
| 1:57.7 | doing this in an environment in which we can't trust any economic data coming out of the United States government. |
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