Trump’s Day Gets Ugly Fast…
Summary
The MeidasTouch Podcast highlights the economic fallout from Iran striking tankers in the Strait of Hormuz, noting record-high diesel prices and Treasury yields. The hosts accuse the Trump administration of manipulating PCE inflation data to mask a worsening cost-of-living crisis. They also cover internal Republican strife, including Ken Paxton’s criticism of the midterm convention and various MAGA figures blaming Obama or Ukraine for high energy costs. The episode concludes with a call to action for their new book, "WTF America."
Topics discussed
Iran strikes tankers and diesel prices hit record highs
Criticism of Fox News bias and Trump's low approval ratings
Alleged manipulation of PCE inflation data and market reaction
Explanation of BEA formula changes affecting inflation metrics
Ken Paxton audio criticizing Trump's midterm convention
DHS Secretary press conference and migrant policy comments
Sponsor segment: CarShield vehicle protection plans
Jim Justice criticism of Trump and comments on AI
Trump's physical appearance and AI naming controversy
Rich McCormick blames Obama for high gas prices
Dan Meuser blames Ukraine and Biden for diesel costs
John Eustice and Houston defend Iran war and energy policy
US military logistics and control of Strait of Hormuz
Call to subscribe and book pre-order promotion
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