Trump's Art of the EU, $128M Obama Phone Fraud Scheme & BoA Predicts Trump-Led Economic Surge
The Ben Ferguson Podcast
iHeartPodcasts
4.9 • 4.7K Ratings
🗓️ 2 August 2025
⏱️ 20 minutes
🧾️ Download transcript
Summary
1. Trump–EU Trade Deal
- Trump announces a historic trade agreement with the European Union.
- Key elements of the deal:
- EU to purchase $750 billion in U.S. energy.
- EU to invest an additional $600 billion in the U.S.
- Zero tariffs on trade between the U.S. and EU.
- A 15% flat tariff on automobiles and other goods.
- EU to purchase hundreds of billions in U.S. military equipment.
- Trump claims this is “the biggest deal ever made.”
2. Criticism of the Obama Administration
- The file revisits the “Obama phone” controversy, portraying it as a vote-buying scheme.
- Discusses the fraud conviction of a Florida telecom CEO (Isa Asade of Q Link Wireless) involved in defrauding the Lifeline program and PPP loans.
- Highlights misuse of funds for personal luxury items and past legal issues of the CEO.
3. Economic Outlook & Trump’s Impact
- Cites a Bank of America report predicting not just a recovery but a potential economic boom.
- Five reasons for optimism:
- Political will ahead of midterms.
- Impact of the “One Big Beautiful Bill” on domestic manufacturing.
- Global stimulus efforts, especially in Europe.
- Surge in capital expenditures by major U.S. companies.
- A proprietary economic indicator signaling a shift from downturn to recovery.
4. Midterm Elections & Political Messaging
- Frames the midterms as a referendum on Trump’s agenda.
- Emphasizes the importance of continued support for Trump-aligned policies to maintain economic momentum.
Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the Ben Ferguson Show Podcast and Verdict with Ted Cruz Wherever You get You're Podcasts. Thanks for Listening
#seanhannity #hannity #marklevin #levin #charliekirk #megynkelly #tucker #tuckercarlson #glennbeck #benshapiro #shapiro #trump #sexton #bucksexton
#rushlimbaugh #limbaugh #whitehouse #senate #congress #thehouse #democrats
#republicans #conservative #senator #congressman #congressmen #congresswoman #capitol #president #vicepresident #POTUS #presidentoftheunitedstatesofamerica
#SCOTUS #Supremecourt #DonaldTrump #PresidentDonaldTrump #DT #TedCruz #Benferguson #Verdict #maga #presidenttrump #47 #the47morningupdate #donaldtrump #trump #news #trumpnews #Benferguson #breaking #breakingnews #morningupdate
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is an IHeart podcast. |
| 0:05.8 | Thrill to sign the VA Home Loan Program Reform Act into law. |
| 0:11.2 | This legislation provides desperately needed relief to veterans and their families who have fallen |
| 0:16.5 | behind on their mortgages. |
| 0:18.2 | It helps keep our promise to end veterans' homelessness, and |
| 0:21.5 | we're going to do that for America. We're going to do that for our great veteran. |
| 0:26.2 | You're listening to the 47 morning update with Ben Ferguson. Good Saturday morning to you. Ben |
| 0:31.6 | Ferguson with you, and these are some of the stories that you may have missed that we talked about |
| 0:35.8 | this week on the 47 morning update. First up, call it the art of the stories that you may have missed that we talked about this week on the 47 morning |
| 0:37.6 | update first up call it the art of the deal the USA has the biggest ever trade agreement with the |
| 0:44.9 | European Union Donald Trump getting it done and the EU will also buy 750 billion in |
| 0:53.1 | US energy I'll have all the details on that deal for you in a moment also I also buy 750 billion in US energy. I'll have all the details on that deal for you in a moment. |
| 0:57.0 | Also, I also want to talk about Donald Trump's promise to clean up waste, fraud, and abuse. |
| 1:04.0 | You may remember back in 2012 there was a scam. |
| 1:08.0 | It was called the Obama phone scam. |
| 1:10.0 | You may remember a woman saying she's going to vote |
| 1:12.2 | for Obama because he gives her a free phone. Well now a CEO is headed to prison and must pay |
| 1:18.9 | a $128 million fine after defrauding the government and it deals with exactly that. Those |
| 1:25.5 | Obama phones are still around. And finally, the media |
| 1:29.3 | finally having to tell the real story. Yes, there isn't just a recovery. It is a boom. Bank of |
| 1:36.0 | America now saying the key tail risk is, well, that the Trump economy will actually start to |
| 1:42.7 | take off. We're going to break that down for you in just a moment. All right, actually start to take off. |
... |
Transcript will be available on the free plan in 8 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from iHeartPodcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of iHeartPodcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.