Transcript of Trump Faces Historic Midterm Defeat and Mounting Political Challenges

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Episode summary

This episode of The MeidasTouch Podcast, hosted by Ben Meiselas, looks at the Democrats' midterm victory and the troubles Donald Trump faces afterward. Meiselas covers a Russian diesel deal that is unraveling, Democratic plans to launch investigations, and a push to impeach Defense Secretary Pete Hegseth.

He also plays clips from Republican figures such as Steve Bannon and Ted Cruz, with some attributing the losses to the Iran war and economic costs. Meiselas presents his own criticisms of Trump and his allies, so listeners should weigh them as commentary.

Listeners will get an overview of the midterm fallout and the ongoing Iran tensions.

In this episode Ben Meiselas

This MeidasTouch episode on Trump's midterm defeat and the Russian diesel deal was made with the technology behind HappyScribe's Zoom transcription.

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Speaker 300:00:57

Things are getting even worse for Donald Trump. That Russian diesel deal is backfiring in his face. Democrats and Republicans are working together to impeach Secretary of Defense Pete Hegseth as early as next week. Also, Donald Trump cognitively and physically deteriorating before our eyes. He's been ranting and raving like a lunatic all night, posting about daylight savings time and saying, "Too bad, the Senate has not yet approved the Sunshine Act or the I Don't Want to Change My Clocks Anymore Act."

It's so dark outside, he says. So early. Sunset was 5:06 PM and it was dark by 5:31 PM. What's going on here? This is what the lunatic sex predator in the Oval Office is posting about. What's happening, though, with these tankers filled with the Russian diesel heading to the United States? Well, the logistics got derailed when there's no companies here in the United States that want to touch the diesel because it's sanctioned and they'll be prosecuted and Democrats are about to take control of the House and the Senate and it is accountability season, folks.

Trump's diesel deal with Putin to import Russian diesel to the US is unraveling with three oil tankers initially destined for the US, now abruptly veering off course. The Financial Times reports one tanker switched its destination to Brazil, while another has turned into the Mediterranean and is signaling for orders, meaning the cargo has no confirmed buyer or destination port. Hey, Donald. Hey, Treasury Secretary Bessent. You may have wanted to game plan this a little more.

Oh, wait. You don't game plan anything. You just wake up in the morning, do irrational, dangerous, traitorous, disgusting things, and then deal with the consequences later when you harm our alliances and destroy the lives of the American people and people around the world. A third tanker, by the way, is also signaling for orders. These are the same three oil tankers that were expected to arrive in the US around November 7th through the 11th, but of course that is not happening. Democrats are also preparing aggressive investigations into the Trump crime family and into the Trump crime cartel cabinet.

They're going to be investigating the oil deal with Putin, crypto ventures, market trades, big tech donors to the White House ballroom, and Donald Trump's oligarchical corruption. The billionaire allies that we've seen hand him gold bricks and Rolex watches and all of the disgusting insider trading in plain view. Major US oil companies have been put on notice about the Trump diesel deal. AI companies, including Anthropic, Google, Meta, OpenAI, will be ordered to commit to reporting safety incidents within 48 hours of detection.

Democratic Congressmember Robert Garcia, who's going to be the chair of the House Oversight Committee, says his message to Donald Trump is, "Lawyer up. Investigations start immediately." This is the video that Congressmember Garcia and the House Oversight Dems released earlier yesterday. Play this clip.

Speaker 400:04:11

Congressman Robert Garcia released a two-word statement last night saying.

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Speaker 500:04:16

He simply put out a tweet that said.

Speaker 600:04:21

And his two-word statement was.

Speaker 400:04:23

Robert Garcia put out a simple statement last night, two words. He wrote.

Speaker 700:04:27

And Robert Garcia just put a statement out.

Speaker 600:04:32

The new Dems are here. You're right. Read it again, motherfuckers. Read it again.

Speaker 800:04:40

Robert Garcia was asked what he thought about our victory and what message he had for Trump and his allies. And he said, "You better lawyer up."

Speaker 300:04:57

Now, you had Jake Paul and JD Vance release this deranged video promoting Jake Paul's fight in Dubai. So while there is war raging in the Middle East as a result of Donald Trump and Netanyahu's catastrophic behavior and catastrophic war, we have the vice president promoting a Jake Paul fight. And by the way, this is just the cringiest video in the world, and they wonder why they lost young men voters.

By the way, young men voters moved to Democrats in the most recent election by about 70 to 30 or so. But watch this. Play this clip.

Speaker 400:05:39

Yo, JD, what up? I need a favor. Something happened.

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Speaker 700:05:42

What'd you do?

Speaker 400:05:43

I didn't do anything yet, but I'm fighting on Christmas Eve in Dubai, and I'm going to need a pardon for what I'm about to do to this guy.

Speaker 700:05:51

Jake, you don't need a pardon. You just need to keep your hands up.

Speaker 400:05:54

Okay, true. Yeah, I got my jaw broke last time. Yeah, you're right.

Speaker 300:05:58

You've got Steve Bannon and the whole kind of MAGA allies of Donald Trump. They're freaking out. They're like, "Democrats are coming hard for you, Donald. You need to lock the White House down, turn it into Fort Apache." You have Jason Miller recently advising Bolsonaro in Brazil when he fled. Remember, it was Jason Miller who issued the letter on behalf of Bolsonaro, who's now in hiding in the United States. He fled Brazil. And you have Bannon over here.

And remember what I've been talking about a lot? The globalist authoritarian network. It's the Trumps. It's the Bolsonaros. It's the Putins. It's the Orbans. It's the Javier Mileis. It's the Bukeles. It's the Aberdour who they installed in Colombia. It's the PAS in Bolivia. It's the Reform Party in the UK. It was Maple MAGA in Canada. It was Temu MAGA in Australia. Right? It's the AfD in Germany. It's Le Pen's party in France.

We have to open our eyes to see that there is a globalist authoritarian network seeking to destroy elections, shred the post-World War II kind of US-led architecture, destroy a rules-based order. And here is what Bannon and Miller had to say, who in my opinion are allies of that group. Here, play this clip.

Speaker 700:07:24

It's going to be Fort Apache, right? It's going to be Fort Apache. They're coming. And the reason is, just like Nancy Pelosi ran on impeachment, I told people, "Oh, no, she's not going to do it. She'll never do it. They don't want to risk it." That's what the people that knocked the doors, the people that were there hammering all the time, they are the ones that they want that. That's that kill Trump and kill Trumpism. So the White House is going to turn to Fort Apache on the investigation.

Speaker 300:07:50

Then you had Bannon bring on Terry Schilling over here, who said, "The thing about this election is our voters showed up, except they hate us now. They rebuke Trump. They rebuke MAGA. Our voters, the Republican voters showed up. They're voting for Democrats now. They've become Democrats." Here, play this clip.

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Speaker 700:08:11

I think what happened is our voters showed up, but they just didn't vote for us. If you look at what the Trump administration allowed it to become, the Iran war, I think is ultimately the main reason why we failed yesterday in a catastrophic fashion. It led to $5 a gallon gas, $6.5 for diesel. It was an absolute disaster. But even going further back, Steve, you look at the Epstein list, right? We didn't release that.

Trump had a base that stood with him through thick and thin, through multiple impeachments, through multiple assassination attempts, through the weaponization of our government that was going to throw him in jail and ruin his life and take everything that he worked hard for. And he allowed his administration to become something that he campaigned against, right? He said that the cost of living crisis, Steve, was a hoax. He said that was a hoax. It was not a hoax. It was real. And we have an entire middle-class economy here that doesn't exist.

If you're super poor or on the lower end of the spectrum, you got all the government programs in the world you need. If you're super wealthy and even in the upper middle class, you don't need anything. You're actually benefiting from this K-shaped economy. Every time we print and pump trillions and trillions upon trillions of dollars that we don't have, it takes away money from the people that don't own assets, and it gives it to the people that do. We've got to fix the economy for young people, for working families. I mean, Steve, Texas, my goodness. We lost every single statewide race, right? This was catastrophic.

And I think there were a lot of things that went wrong, but Iran was the worst of it.

Speaker 300:09:51

And then Ted Cruz, demagogue, disgusting Ted freaking Cruz of Texas. This is the video that he released. Here, play this clip.

Speaker 400:10:03

History was made last night. For months, we were saying that 2026 was the most consequential midterm election of our lifetimes. Unfortunately, we were right. Sometimes history is to be celebrated. Other times, it is to be mourned. Always, it must be reckoned with. 2026 was not simply a blue wave. It was a blue tsunami. It was an ass kicking.

It was not simply a bad 2006 midterm election. It was a Watergate-level repudiation. What happened and why? What are the consequences? And where on earth do we go from here? When all the votes were counted, the problem wasn't turnout. Instead, our voters, Republicans, Libertarians, Independents, showed up and vote and rejected our candidates, voting Democrat instead.

Speaker 300:11:11

And then Donald Trump's appearance yesterday when he was at the Golden Ballroom. That was the one time he spoke. Let me just show you. You can see this guy is just not even there anymore. I mean, for real, his mind is just absolute mush at this point. Here, play this clip.

Speaker 700:11:36

See the thickness and size of that steel?

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Speaker 300:11:40

By the way, check back every 90 minutes. I have an interview this morning that I'm doing with Dr. Bandy Lee, the world-renowned clinical, social, forensic psychiatrist. I'm going to ask her a lot of questions about Donald Trump's behavior in the past 24 hours and get her assessment. Part of that assessment also is, as Donald Trump is now feeling limits being placed on his behavior, he oscillates between this kind of utter victimhood and there's kind of a comfort, a psychic comfort in being defeated in such humiliating fashion because he knows he deserves it.

But then on the other hand, he's psychotic and so that there is this potential to lash out, to cause world war. Go watch that interview. I'm going to release it soon. The US military finishing up to that end. The US military is finishing up preparations for a possible resumption of major combat operations in Iran, including sending more assets to the region. American officials are telling Axios. Trump is now leaning toward resuming war as he is being pressured by Hegseth, Admiral Brad Cooper, Netanyahu, and others.

JD Vance is saying that Netanyahu is about to lead us into another apocalyptic catastrophic situation. That's what's going on behind the scenes. And obviously, Hegseth sees the writing on the wall. Dude's going to get impeached next week. Democrats and Republicans working together. Congressmember Thomas Massie says he's going to reintroduce the articles of impeachment. We do expect there to actually be a lot of Republicans, especially in this environment where Donald Trump has caused a lot of Republicans to lose their jobs to join with the Democrats here and impeach Hegseth.

So the writing is on the wall there. I'm also going to be doing an interview with Democratic Congressmember Pat Ryan, a veteran, Army veteran, served two combat tours of duty in Iraq. I want to talk to him about impeaching Hegseth. That's another video I'm going to do this morning. Meanwhile, there was a major protest in Iran against Donald Trump. People showing up in Tehran Square in the evening, burning down posters of Trump, Netanyahu, Witkoff, and Vance in Tehran Square.

Here, play this clip. Now, Lauren Boebert is likely going to lose her seat.

We're following that right now and likely be able to make that call soon, although anything could happen, but that's the way it's shaping up. This was her dancing two nights ago at her election party. And this is what she said when she was interviewed the other night. Here, play this clip.

Speaker 400:14:54

You would acknowledge that this is an unlikely uphill climb that you're looking at from here, right?

Speaker 600:14:59

We are about a 5,000-vote deficit right now, a little bit less than that. But we're hoping that those numbers, those election day ballots, turn in my favor. And if not, again, this doesn't define me. I'm a mom. I'm a granny. And I'm a believer. We're going to continue moving faith to faith, glory to glory.

Speaker 300:15:21

We're waiting on making that call. That would be big. That's like a plus 19 Trump district. Meanwhile, Iran's top advisor to Ayatollah Mojtaba Khomeini posted, "The Iranian nation handed Trump a strategic defeat on the battlefield and in the Hormuz and a political defeat in Washington. Meanwhile, Americans got stuck with the bill for his war. Anyone who takes on Iran will pay the price from the battlefield to their own doorstep." That's coming from the top advisor to Ayatollah Mojtaba Khomeini.

Meanwhile, you have JD Vance posting a long message blaming the catastrophic war in Iran as the reason that the MAGA Republicans got wiped out in historic fashion during the midterm elections, which is also an indictment, almost quite literally, against his regime. He was behind that with Donald Trump. He can act like he's distancing himself now, but dude, you're the vice president. But Don Jr. is also reposting JD Vance, saying every word of this 100, 100, 100, blaming the catastrophic war in Iran for the wipeout of MAGA Republicans.

But again, you're all complicit. You're all a bunch of grifters. You're all a bunch of people who are in some way helping cover up the Epstein files. It's disgusting. Treasury Secretary Bessent, who has zero credibility, he's posting, "As we have said many times, under Operation Economic Outcast, you were either with us or against us. We know where you are. We will sanction those who continue supporting the Iranian regime, whether by land, sea, or air." Bessent, the world has responded. You're either with us or against us. The answer is against us. That's pretty freaking clear, okay?

You're a bootlicker of Putin and you're a bootlicker of Xi Jinping. Both those countries were their leaders, China and Russia respectively. They're allies of Iran. Just in the past 48 hours, we have seen top Iranian officials meeting with Wang Yi, the foreign minister of China. We also saw the Sultan of Oman that same day meeting with Wang Yi of China. A top cabinet member of Saudi Arabia was with Wang Yi in China. Mohsen Raza of Iran speaking with Putin this past, yeah, the past few days.

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Speaker 300:17:35

At the same time, Sergey Lavrov recently visited Iran, talking about mutual cooperation. Wang Yi of China, the foreign minister there, has talked about protecting Iranian sovereignty. So the answer is against you. I mean, the world has clearly spoken and everyone just understands how weak and pathetic you are. Iran was able to strike more drones in the past 24 hours. They struck another MQ-9. The 56th MQ-9 was destroyed. Also, another MQ-1 drone was destroyed as well.

And if I sound like a broken record, like Ben, didn't you report on this yesterday and the day before? Yeah. There's been, again, 56 of these MQ-9s have been hit. Dozens of these MQ-1s have been hit. I mean, we're talking, it's like tens of millions of dollars, each one of these, that just get shot down by Iran. Also, a new scoop out of Politico, Jennifer Hegseth, Pete Hegseth's wife and a former longtime Fox producer, last year was paid by the top Trump-connected DC consulting firm Watchtower Strategy that also did work on behalf of Lockheed Martin the same year.

She goes around with Hegseth to all of the meetings, making lots of generals and world leaders feel very uncomfortable, like, why is your wife around you at all times? And apparently, she was a consultant while this was all taking place. I know it's pretty corrupt and grotesque, but what else would we expect with the Trump regime? And then finally, you had Israel's ambassador to the United Nations, Danny Danon, talking about a possible US-Iran deal, about basically how Israel doesn't want there to be a deal, how they're going to likely invade Iran.

And he says, "Oh, well, Iran poses a massive threat to the United States. You should know that." And this at the same time as Netanyahu and Danon and Ben Gvir and Smudrich and Israel Katz, the defense minister of Israel, are all working on Donald Trump in order to try to get him to invade Iran. And they're all working together to try to plunge the world into World War III, in my opinion. Here is what Danny Danon has to say. Let's play.

Speaker 500:19:51

That's a decision for the president to make. I can tell you that, that we will always do whatever is necessary to protect ourselves. We have proved it in the past. We will do it in the future. We have the capabilities to do that. The US has their own interests. And by the way, when I see the rhetoric coming out of Tehran in the last few weeks, they're not threatening only Israel. They're threatening American targets in the Middle East, American embassies, American personnel. So it's not only.

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There you have it, everybody. Let me know what you think. Hit subscribe. Oh, did you get your copy of WTF America: The Way Out of This Hell and Back to Democracy, the book I wrote with my brothers? This week, it's once again on the New York Times Bestseller Week, bestseller list. Two weeks in a row, folks. The Way Out of This Hell and Back to Democracy. Get a copy right now, ebook or hardcover or audio. Let me know what you think about the book. Oh, and also check out the blue wave merch at store.mitasstouch.com that we have. It's really cool stuff.

store.mitasstouch.com. Thanks, everybody. We appreciate you.

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Episode description

MeidasTouch host Ben Meiselas reports on how Donald Trump’s troubles are piling up after his party’s sweeping and historic midterm defeat and how Trump is now stuck living his nightmare scenario.

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