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The Warning with Steve Schmidt

Trump Crashed The Economy For His Own Gain

The Warning with Steve Schmidt

Steve Schmidt

News, Politics, Government

4.8784 Ratings

🗓️ 10 April 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

After unleashing and then pausing his horrible tariffs, Trump has shown he's far from a man of his word. Steve Schmidt looks at the impact of Trump's tariff changeup and explains how the effects only helped him and his rich friends. Subscribe for more and follow me here: Substack: https://steveschmidt.substack.com/subscribe Bluesky: https://bsky.app/profile/thewarningses.bsky.social Facebook: https://www.facebook.com/SteveSchmidtSES/ TikTok: https://www.tiktok.com/@thewarningses Instagram: https://www.instagram.com/thewarningses/ X: https://x.com/SteveSchmidtSES

Transcript

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0:00.0

This is the warning.

0:02.0

Good day, everybody.

0:04.0

Later this evening, I'll be talking to hundreds of people with Beto O'Rourke here in Tulsa, Oklahoma,

0:10.0

about what's happening in America.

0:12.0

First, let me share a story about a decision-making process.

0:17.0

It's called the Oudaloup.

0:19.0

It stands for, observe, orient, decide, and act.

0:25.6

Think about it in a circle, moving clockwise from the top.

0:30.8

Observe, orient, decide, and act.

0:34.4

So let us talk about what it is that we have observed this week with Donald Trump.

0:42.0

Specifically, what do we see on the lapel of the suit jacket of the FCC chairman, who is

0:51.6

responsible for regulating the broadcast airwaves and the licenses of media stations

0:57.8

in the United States. What is that? Let's orient to that. The golden Trump pen, worn by a government

1:05.0

official. It seems to me to be, as I orient towards it, similar to a pin that Chinese communists would wear

1:13.8

with Chairman Mao on it, or perhaps the pin that the national socialists would wear, the party

1:21.0

pin. I cannot think of anything that I've ever seen any American government official where that is fundamentally

1:30.5

more un-American and more frightening. Donald Trump is the leader of a fascist political

1:38.5

movement that is attacking the United States from within. He is surrounded by malevolence and sycophants,

1:47.2

dangerous people, fools and clowns, none more so than the self-serious, belligerent Stephen

1:55.0

Miller. He's always reminded me a bit of the character from the movie Stripes, Francis, better known as Psycho.

2:02.6

And I always remember that scene where Sergeant Holka, the Big Toe, tell Psycho, lighten up, Francis.

2:09.6

And it would be good if someone might have said that to Stephen Miller along the path of his development,

...

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