The MeidasTouch Podcast Trump Has Nightmare Wake-Up as It All Implodes
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May 17, 2025 Brett Meiselas breaks down Trump's turbulent political landscape, highlighting recent scandals and economic downturns linked to his past policies. The discussion turns to Trump's dismissive comments about pop culture icons like Taylor Swift, showcasing the backlash from MAGA supporters. They also tackle the implications of proposed cuts to climate funding and recent Supreme Court decisions. The episode wraps up with a critical look at controversial gun policies and emphasizes the crucial role of independent media in these turbulent times.
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US Credit Downgraded First Time
- The US lost its AAA credit rating for the first time, downgraded to AA1 by Moody's because of rising deficit concerns.
- This downgrade will increase government borrowing costs and push up interest rates, affecting mortgages and loans nationwide.
Tax Bill Split GOP Unity
- Trump's proposed tax bill failed as Republicans fractured over Medicaid cuts and tax provision disputes.
- This GOP disunity signals chaos and complicates the bill’s future prospects in the Senate.
Trump Melts Down Over Celebrities
- Trump tweeted that his dislike caused Taylor Swift's popularity to decline, despite her record-breaking tour.
- He also threatened Bruce Springsteen for criticizing him abroad, showcasing Trump's personal vendettas amid major crises.