5/15/25: Walmart price hikes, Pam Bondi caught cashing out
The David Pakman Show
David Pakman
4.6 • 2.8K Ratings
🗓️ 15 May 2025
⏱️ 58 minutes
🧾️ Download transcript
Summary
-- On the Show:
-- Matt Gertz, Senior Fellow at Media Matters, joins David to discuss the Fox News-Trump pipeline in his second administration and much more
— Walmart drops a red alert: Trump’s tariffs are about to jack up prices across the country—and red states will feel it hardest
— Kristi Noem gets annihilated on live television as Rep. Swalwell and Rep. Ramirez deliver brutal takedowns on ethics and fake photos
— Trump publicly gushes over Qatar’s authoritarian leaders after receiving a $400M private jet—he’s not even pretending anymore
— Trump stuns everyone with deranged, senile rants during his Middle East trip: drone trees, submarines, and Sean Duffy climbing competitions
— Trump whines that Biden is “mean” and “stupid” in part two of his Hannity interview—proving once again who the real snowflake is
— Pam Bondi sold $1M+ in Trump Media stock the same day Trump announced tariffs that cratered the market—insider trading, anyone?
— RFK Jr. says Americans shouldn’t take medical advice from him… while serving as Health Secretary
— RFK Jr. also says $40,000 a month is a reasonable rehab cost, defending Medicaid cuts from the comfort of generational wealth
-- On the Bonus Show: Trump impeachment resolution pulled moments before vote, Gavin Newsom reverses course on healthcare for undocumented immigrants, and more reporting on Pam Bondi’s shady stock sale
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Transcript
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| 0:00.0 | Welcome, everybody. |
| 0:08.5 | A Walmart has just fired a warning shot that every American shopper should be paying attention |
| 0:16.0 | to. |
| 0:17.0 | It's going to hit Trump supporters harder, as is often the case with these policies that have |
| 0:22.4 | a sort of trip, a real trickle down effect in the economy. |
| 0:27.1 | This is about Walmart's latest earnings report. |
| 0:29.8 | Walmart posted mixed results. |
| 0:31.1 | Okay. |
| 0:31.7 | Some good, some bad. |
| 0:33.2 | But the real story is not their revenue numbers. |
| 0:36.4 | It's about what Walmart says is coming next and that's higher prices. |
| 0:40.6 | And they're saying it's the Donald Trump tariffs that are going to lead to that. |
| 0:44.5 | The Walmart CEO, Doug McMillan, pointed at Trump's tariffs and says, we aren't able |
| 0:49.9 | to absorb all the pressure. |
| 0:52.7 | There was this idea. Some of these businesses will just absorb the pressure. There was this idea. |
| 0:54.6 | Some of these businesses will just absorb the tariffs and say, we'll just make less money. |
| 1:01.3 | And Walmart is now saying in investor documents, they're not going to be able to do it. |
| 1:06.2 | It doesn't seem to be politics so much as it seems to be an economic reality that's going |
| 1:11.7 | to hit people's grocery bills and expenses for a whole variety of products that people buy. |
| 1:18.7 | We saw a 4.5% increase in same store sales in the United States at Walmart, but overall |
| 1:26.1 | revenue missed expectations. Fine. They beat earnings |
| 1:30.0 | estimates. Some numbers are up. Some numbers are down. But the path forward is one where you and I |
... |
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