Steve Schmidt: MAGA Is Rotting from the Inside Out
The Warning with Steve Schmidt
iHeartPodcasts
4.6 • 1.1K Ratings
🗓️ 1 May 2026
⏱️ 8 minutes
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Summary
Donald Trump is prosecuting James Comey for an Instagram post and trying to get Jimmy Kimmel fired for a joke. Steve Schmidt breaks down a week of crocodile tears, a lost war, and a MAGA movement that reeks of failure.
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:02.3 | Guaranteed Human. |
| 0:04.1 | It is May Day, Friday, the 1st of May, 2026. |
| 0:09.0 | I'm Steve Schmidt. |
| 0:10.2 | And if you're interested, check us out on YouTube and become a member and eligible for all the special programs and content that come alongside with it. |
| 0:21.4 | What a week it's been. |
| 0:23.0 | The 18th of 2026 has come to a close. |
| 0:28.4 | And there are three stories that stand out. |
| 0:31.9 | The crocodile tears of Carolyn Levitt and all of the Magasicophants who demand after a shooting that Trump get a ballroom. |
| 0:43.8 | There is the lost war in Iran which rages on and an unprecedented assault on free speech. |
| 0:53.7 | The attempt to lock up a former FBI director for this, |
| 0:59.7 | and the assault on Jimmy Kimmel continues for a joke that made me laugh. This is the warning. |
| 1:09.4 | The crocodile tears are just incredible. |
| 1:11.6 | Following the attempt by gunman to get into the ballroom where the White House correspondence dinner was being hosted, |
| 1:18.6 | we saw the reporters grabbing bottles of wine off of the tables and partying on into the night, |
| 1:26.6 | where in a sudden coordinated flourish, it seems, |
| 1:31.4 | the Maga Nation demanded that Trump get his ballroom. Do you remember when he knocked down the |
| 1:38.2 | East Wing of the White House, a place that he doesn't own, that he is a tenant in? Well, Lindsey Graham now says that the corporate |
| 1:47.4 | donations from who knows where, well, we'll pay for it. We're going to introduce legislation |
| 1:54.2 | that would authorize $400 million to be spent to secure the, to build the presidential ballroom. |
| 2:03.8 | Underneath there will be a lot of military stuff. |
| 2:06.7 | There will be a Secret Service annex, and we've paid for it by offsetting it with custom fees. |
... |
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