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The Warning with Steve Schmidt

CBS Lets Trump Off The Hook In Latest Interview

The Warning with Steve Schmidt

iHeartPodcasts

News, Politics, Government

4.8784 Ratings

🗓️ 3 November 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

After his most recent interview with Norah O'Donnell on CBS News, it's clear Trump's grasp on the media is stronger than ever. Steve Schmidt reacts to the O'Donnell interview and highlights the influence of tech oligarchs.

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Transcript

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0:00.0

This is an IHeart podcast.

0:04.2

It is Monday, November the 3rd.

0:07.3

This is the warning.

0:09.9

One of the features of our age and one of the reasons Donald Trump has been able to become president is because of the collapse of trust between the American people in nearly every institution you could think

0:22.7

to name. Trump took advantage of that collapse. He was able to put the lie into battle against

0:30.8

the truth in an era where people just can't tell the difference between the two out of a combination of laziness,

0:39.3

indifference, and the incompetence, the malice, and the deep corruption of America's corporate

0:47.3

news media.

0:49.3

This is Larry Ellison.

0:50.3

He is a man who's given tens and tens of millions of dollars to Donald Trump.

0:55.0

Like all of the tech oligarchs, he is all in.

0:59.0

He is an American fascist.

1:01.0

His son has never worked a day in his life.

1:05.0

He's never had a bad 10 minutes.

1:08.0

He has no accomplishments.

1:10.0

He has no skills. But in Trump's America, he has the one

1:14.7

thing that you really need, an oligarch father. And so thus, the unaccomplished David, a

1:22.4

teenage stunt pilot, now runs CBS News. He runs Paramount, where he makes movies with Tom Cruise, and he

1:31.2

aspires to take control totally of CNN. His business model is simple. It has a fascist flavor.

1:39.4

If he pleases the leader, he knows he can be a duke.

1:44.5

He can do as he pleases.

1:46.6

And so David Ellison has sought to please Trump by taking command of the news that he watches

...

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