A Moment of Clarity: How the Rich Exploit the System at the Expense of the Poor
The Michael Steele Podcast
Two Squared Media
4.8 • 3.3K Ratings
🗓️ 27 May 2026
⏱️ 2 minutes
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Summary
Michael Steele tackles the stark realities of a system that favors the wealthy while leaving the middle class and the poor to fend for themselves. With insider information flowing to the elite, decisions are made that enrich a select few at the expense of the many. Michael exposes the troubling dynamics at play, from stock market manipulation to the alarming disconnect between policy and the everyday struggles of American families. Tune in to understand how this rigged system is shaping the narrative as we head into the fall.
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Transcript
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| 0:00.0 | And now for a moment of clarity. |
| 0:05.0 | They're allowed to take the insider information they get over the industries and segments of our economy nearer that they control and know who's about to do what. |
| 0:16.0 | We've already had reporting of evidence in both the Trump space and the Republican space of that happening. |
| 0:21.6 | But the poor who are making, what is the number now, $26,500 for medium family of four, |
| 0:30.6 | they don't get that benefit. So you do have this system that's being set up very much to your point, |
| 0:36.6 | where those you have the rich |
| 0:38.7 | but then you have those who are supporting and and and helping the rich the rich grift more at the |
| 0:45.2 | expense of the middle class and the poor and that's an important narrative i think going into this |
| 0:50.1 | fall because that feeds right into what people feel yeah i, I mean, think about the stock information. |
| 0:56.0 | It's crazy. It's so crazy. It's so crazy. Essentially, the President of the United States has a bunch of |
| 1:02.7 | policies to help certain corporations. And then right before magically, those announcements, |
| 1:09.7 | he tries up the stock. So he he's just he's basically making decisions |
| 1:14.3 | to personally enrich himself it's i mean can you imagine a more rigged system than a president can do that |
| 1:22.3 | make the decisions make all the money nobody else in the stock market gets that information |
| 1:26.8 | it's all insider trading, |
| 1:28.5 | essentially. And we're all supposed to just look at that like that's real. I mean, when you, |
| 1:33.7 | when people are anxious about the country, it's because it feels so rigged to them. |
| 1:39.8 | Catch Michael Steele on the weeknight, Monday through Friday at 7 p.m. Eastern on MS now. |
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