Donald Trump's message late last night to his email listserv was the following: Things aren't looking good. Holy cow, it's September 30th. I'm going to have to change my briefing because these stats are soul-crushing. And the subject of the mass email he sent was Holy Cow, insert month and date. You may want to insert the month and date there, bud.
Donald Trump was also ranting and raving about Special Counsel Jack Smith last night. Jack Smith spied on Donald Trump staffers, communications and 20-plus lawyers report. He's just citing some deranged propaganda. But meanwhile, you take a look at what's happening throughout the world. The world is mocking him.
In the European Parliament building, they have now installed an exhibit called Orange Plague. Take a look at this. Der Spiegel reports, after all, it's gold-plated. The Danish artist Jens Golschjøt is displaying a statue of US President Donald Trump in the EU Parliament building, Stark Naked, the name of the work. Orange Plague, how it came about.
Here's what we're learning. The Orange Plague refers to— also, the King of Injustice was unveiled inside the European Parliament building in Strasbourg. It was created by the Danish artist, gold-coated, with Donald Trump sitting on the shoulder of a smaller man while holding an oversized golf club. The artist says the sculpture is coated in 23 23-karat gold, so Donald Trump should like it. Now all these MAGA people are flipping out that the European Parliament building has this statue in it.
What a disgrace, said one Donald Trump supporter. A gold-plated naked Donald Trump on a starving man's back branded the Orange Plague is on show in European Parliament in Strasbourg under the guise of art. The people who lecture the world on dignity can't even manage basic respect for the president of a friendly nation. You want to talk about dignity? You have Donald Trump basically saying, it'll just be a little thing, if a small price to pay if Iran nukes Los Angeles and San Diego.
And then all the MAGA people like, that's not what he really said. He was joking. He said he wanted to protect Los Angeles and San Diego. And that's why he had to stop Iran from getting a nuclear weapon. Even though he said in 2025, he obliterated Iran's nuclear capability, obliterated And if you dare say that he did not obliterate it, he would say, you are fake news and you deserve to be charged with treason and you are a traitor, he said.
Also, I want to note that yesterday the EIA, the Energy Information Administration, officially raised its 2026 Brent forecast. This is like a government entity. Its 2026 Brent forecast to $98 a barrel, up 8% from its previous estimate, as falling global inventories, tight diesel supplies, and disruptions through the Strait of Hormuz tightened oil markets. For Q4, Brent is expected to average $105. But I thought we were getting out record amounts of oil through the Strait of Hormuz.
I'm being sarcastic, of course. The Trump regime and its propagandists are saying more oil is getting out of the Strait of Hormuz now than before the war started. So that's why we need to draw down 40 million barrels of the Strategic Petroleum Reserve from the United States and 100 million barrels from the Strategic Petroleum Reserve from Europe. By the way, this entity called Vitol, which is the largest independent energy trading company in the world, they said that they would not be shocked if we reach $200 a barrel. And they say, look, we're out of tankers.
Okay, Iran, you've probably been wondering, you've been saying, hey, Ben, you keep on reporting that Iran is striking this tanker. Like, where are all of these tankers coming from? Well, we are like actually running out of tankers. And specifically, part of how some of this oil is getting out of the Strait of Hormuz to avoid IRGC strikes, they— there's this ship-to-ship, ship-to-ship, STS transfers, where one ship takes it to another ship, which hides it in another ship. And so there's like this maze of ships, which elongates the process of crude actually getting through the Strait of Hormuz.
But that process where you go one ship to another ship, you eventually start running out of ships. And then Iran is striking ships to the Strait of Hormuz. And we've been reporting now for weeks how it's very expensive to take oil out through the Strait of Hormuz. And we've seen a lot of economists actually put a dollar value on what it is now as more information is learned. $1.5 million a day are what tankers are charging to carry crude out of the Strait of Hormuz because it's so incredibly dangerous.
These ship captains are being paid over $100,000 a month. The total voyage will cost around $30 to $35 million. So that adds about $33 per barrel of oil based on the cost of transporting the crude, whereas before the war it would be like $30,000 a day. And so that needs to be factored into it also. Also, the Trump regime and CENTCOM have deployed 30% of US deployed forces to basically try to get ships out of the southern route in the Strait of Hormuz.
So just think about the exorbitant amount of military resources being expended. And while all of this is taking place, the price of Brent crude is— what was it trading at yesterday? $102 a barrel. WTI was like $90, $91 a barrel. Treasury yields are approaching 6%.
Percent, the 30-year and the 20-year. And you've got MB Ghalibaf, Iran's parliament leader, just mocking the hell out of Treasury Secretary Bessent. Boo! MB Ghalibaf says boo, and he posts a photo of a ghost. And as the arrows start going up the ghost, you see text that says junk bond spreads, dated Brent, 10-year yields, diesel prices.
These are things that are going up, up, up in the United States and throughout the world. And What's going down with the ghost? Consumer confidence, hyperscalers' free cash flow, housing affordability, foreign net purchases of Treasury bonds. We're seeing foreign countries dump US Treasury bonds. Yep, the same countries that have the golden plague statue of Donald Trump are dumping the US Treasury bonds.
Now, the same time MB Ghalibaf, Iran's parliament leader, is mocking Treasury Secretary Bessent, we are learning more about what an unstable and disgusting and sick, weird individual he is. I think we all knew this about him already. I mean, he was a loser when he became a trader on his own and he had his own fund. There were like 90% redemptions. He was a failure.
And that was part of his MAGA arc, was basically being a contrarian and always failing and failing and failing. A failure contrarian. Sometimes contrarians don't fail, but he was like a big failure. And so it was like, the world's against me, the world's against me. And so that's how he found his way into the MAGA But he was shunned really from private equity and from the hedge fund community because he was such a loser when he went out on his own.
Well, this story from The Wall Street Journal has some real shocking— well, not shocking when you can see the guy— these details about Bessent. Like last year, Bessent became so angry last year that he threw his briefing book against the wall. There are these profanity-laced tirades. Staff avoid him at work. Dramatic firings.
And his temper has flared. He has shouted at staff for not moving fast enough to implement his ideas and for failing to combat unfavorable media coverage. Some of the officials said last year Bessent got so angry about the way his daily briefing book was organized that he picked up the binder full of papers, he threw it at a wall, people familiar with the matter said. He denied the account to The Wall Street Journal. Also, when hecklers from the liberal group— this is how it's said in The Wall Street Journal— Code Pink interrupted him during a dinner at a restaurant back in December, and they criticized the Trump administration's economic sanctions policy.
He got so angry at the restaurant, he's spitting his food and he stormed out like he was gonna cry. He's spitting his food. I mean, the guy's an actual freaking lunatic, right? This was the guy who— I mean, he's like literally an unstable individual. Like, he's actually, I believe, Deeply unwell, deeply— I believe he's sick in the head.
And what was it, early September, he's like, I am the house. I'm the house. Bet against me if you will. Look what I'm doing with the Treasury bonds. I'm doing a bond buyout of the 30.
He's like a Will Ferrell character. I'm doing a bond buyout of the 30-year and that's going to That's going to bring the Treasury yields under control. The Treasury yields were like a vertical line up after he did that. They're like, oh, dude is panicked. One vertical line up.
I mean, the guy did the exact opposite of what he was trying to achieve. You should be asking me, why did I decide to do the yen bailout when I did? I don't know, but it didn't work. None of what you do works. And like economic D-Day, we're going to isolate Iran from the rest of the world.
Iran will be meeting with, uh, Putin of Russia at the Commonwealth of Independent States, the CIS, uh, meeting. This is like the post-Soviet, uh, independent states that were once Soviet countries. Uh, Dr. Pozheshkin and Iran are honorary members at the CIS meeting even though they're not a former Soviet state. They were invited there. They had major roles at BRICS.
They had major roles at the Shanghai Cooperation Organization. Wang Yi China's foreign minister said, we're not acknowledging any sanctions by the Trump regime regarding Iran. You have Putin talking about, and Lavrov talking about, how the bonds between Russia and Iran have grown stronger over the past months. And so you have that taking place. Meanwhile, Donald Trump gave that deranged speech at the naval, the new naval shipyard yesterday in Baltimore.
Where they're going to be building big Trump battleships and nuclear submarines, right, as the world is becoming smaller, nimble, autonomous weapons, drones, the Garand IVs, the Garand Vs, the FP-1s, the FP-2s, the unmanned submersibles. Our taxpayer dollars are being stolen from us and funding this anachronistic, uh, military-industrial complex, you know, where it could be funding schools and health healthcare and housing and all of these things. Um, and so, you know, Donald Trump and Hegseth were there yesterday, and they had these football players who were there. And you could see how, by the way, just how out of shape Donald Trump looks. And you can see these football players also, they looked like they were holding their nose around Donald Trump, and they were like just grossed out by him.
I mean, in my view, look, as someone who was Colin Kaepernick's lawyer and business partner, and, you know, I've worked with Colin on all of his uh, nonprofits. Um, you know, to see these players, you know, you know, be there with Donald Trump, knowing that Donald Trump was to get the SOB off the field, knowing just how— what Donald Trump's views of athletes are, specifically Black athletes are, you know, to be there and to show support for him, especially now— I think forever, but especially now. I mean, I think is— I would say especially forever. Um, you know, is disgusting in my opinion. But you can see, like, just like, look at what Donald Trump looks like.
You know, he's wearing that thing in the back again. It's unclear what's even going on there. Um, should be noted as well that at the same time, we know Iran will be having this major meeting with Putin at the CIS summit coming up. Um, also, Donald Trump's, uh, top political advisors, James Blair and Chris Lascevita, uh, traveled to Bosnia's Republic of Srpska to provide election advice to its Russian-aligned government. While also leading Trump's midterm strategy.
The pair were reportedly paid hundreds of thousands of dollars through a Washington law firm. Republica Sparska, led politically by Milorad Dodik's nationalist party, has cultivated close ties with Putin while also courting Trump and his allies. Trump-linked lobbyists and operatives have received more than $4 million from the Republica Sparska government since early 2025. Should be noted that yesterday as well, State Department advisory, major travel advisory regarding Russia based on the, uh, plague. Another person died in the, uh, biolab in Russia, uh, from this pneumonic plague that we're not really getting all that much information about as well.
I'm gonna do another video on this this morning. Uh, Democratic Senator Chris Murphy has been in the Middle East on a fact-finding trip. He's been to Saudi Arabia. He's been to Qatar and other areas. And Pete Hegseth has refused to allow Senator Murphy to visit U.S. military bases like the Al Udeid base in Qatar, um, the base in Saudi Arabia.
It's the first time Senator Murphy said he's ever been denied access as a sitting United States senator to U.S. military bases in the region. This as the Trump regime continues to cover up the fact that Iran destroyed mostly all of our military bases in the region. The full extent of the damage has been not disclosed. We've been getting some photos that we've been sharing with you of what these bases look like. And then hat tip to the Associated Press, their powerful story where 9 service members who were injured in the Iranian attack on the— at the beginning of the war in Kuwait went on the record to talk about the Trump regime's recklessness, maliciousness in how they've treated service members, how they ignored all of the warnings about how dangerous these bases were.
How unprotected these bases were, how service members are not getting adequate medical care, how the Trump regime wants to characterize traumatic brain injuries as headaches, not allowing people to get MRIs, denying benefits to family— to Gold Star families by not classifying the loved ones' deaths as combat deaths. I mean, just constant obstruction. Like, Donald Trump has called our troops suckers and losers. And it's not lost on me when Donald Trump said, you know, imagine what if Iran just nuclear bombed Los Angeles and San Diego. Diego.
The biggest Navy bases is in San Diego. But according to Trump and MAGA, Donald Trump was just joking. Like, that was just funny. Like, we can't take his words literally. We have to understand it's Trump speak.
It's a hoax if we call him out, is what the Trump regime— and by the way, it's what corporate news is saying too— what Trump was really trying to say is he wanted to protect. His words didn't say that, but you have to interpret it for him. You have parse his sentences. No, I'm not parsing his sentences. Okay?
The guy's a lunatic. The guy's a sex predator. The guy's a felon. The guy is a bankruptor. The guy is demented.
He's cognitively and physically addled. He should be nowhere near the nuclear codes or nowhere near any position of leadership. He's covering up a child sex trafficking ring. He's aiding and abetting genocide. You know, in my view, he's just as despicable and vile as you get.
Um, and the whole regime around him, you know, is as well. Let me know what you think. Hit subscribe. Let's get to 7 million subscribers. Thanks for watching, everybody.
Breaking news right now, my brothers and I wrote a book. It's called WTF America. And well, doesn't that just say it all? It comes out officially this October, but you can preorder your copy today. Just scan the QR code or click the link in the description below.
MeidasTouch host Ben Meiselas reports on Donald Trump’s late-night meltdown as his own fundraising email describes the numbers as “soul-crushing.” Meiselas breaks down Trump’s overnight ranting, the economic pain facing Americans, and the consequences of his policies unfolding around the world.
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