Steve Schmidt: CNN Has Lost Its Way
The Warning with Steve Schmidt
iHeartPodcasts
4.6 • 1.1K Ratings
🗓️ 7 May 2026
⏱️ 10 minutes
🧾️ Download transcript
Summary
Ted Turner was an American icon who built CNN into a network that connected the world and told it the truth. Steve Schmidt pays tribute to his legacy and explains how CNN has been destroyed by greed.
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Transcript
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| 0:00.0 | This is an I-Heart podcast. |
| 0:02.6 | Guaranteed Human. |
| 0:03.8 | When Americans hear the word billionaire today, they recoil. |
| 0:08.0 | They're reacting to the selfishness, the greed, the rapaciousness, the irresponsibility of men like Mark Zuckerberg, the damage his technology has done to young girls, for example, creating an anorexia machine, |
| 0:25.2 | a technology that destroyed their self-esteem. The same goes for our young men. Or they think |
| 0:32.3 | about somebody who is vulgar in their displays of wealth. They think about Jeff Bezos. |
| 0:39.0 | They think about his wife. |
| 0:41.0 | They think about the excess, the gluttony. |
| 0:44.5 | They think about the extraction of water of resources for the data centers. |
| 0:50.6 | They think about Elon Musk. |
| 0:52.5 | They think about the unbridled arrogance and anti-Semitism. |
| 0:57.7 | They see takers. They see exploiters. What they see is the opposite of what Ted Turner was, an American icon. |
| 1:08.0 | Now, we live in a time where it would be an easy and obvious question, |
| 1:13.7 | name a cool billionaire. Well, until yesterday when he passed away, the answer was obvious. Ted Turner. |
| 1:20.9 | He was an adventurer, a conservationist, an explorer, a builder, a visionary. |
| 1:29.4 | He is the man who created CNN, and now he is gone. |
| 1:34.4 | But he should be remembered because he was an American original. |
| 1:38.7 | The mouth of the South, the owner of the Atlanta Braves, winner of the America's Cup. |
| 1:45.0 | Ted Turner, it is May the 7th, 2026. |
| 1:49.0 | 81 years ago today, Dwight Eisenhower, |
| 1:53.0 | Supreme Commander of the Allied Expeditionary Forces, |
| 1:57.0 | sent a cable to Washington. |
... |
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