Donald Trump returned to Washington, DC after a disastrous trip to Houston. And Houston, we have a problem. Reality hitting Donald Trump hard. He comes back to Washington, DC with his overall approval at historic lows, the lowest in presidential history. He was told that he couldn't speak at the 9/11 Memorial coming up because they just don't allow speakers, especially speakers who are going to politicize the event.
So he's Like, I'm not even gonna show up in Manhattan for the 25th anniversary of 9/11. He was ranting and raving like a lunatic, so he had to go to his safe space. So late last night, he had his authoritarian in Venezuela, Delcy Rodriguez, post about this fake deal that Donald Trump was announcing with Venezuela, the biggest oil deal in history. Hmm. Not suspicious at all, as you lost the catastrophic and unlawful war in Iran as Iran controls the Strait of Hormuz as oil prices and diesel prices surge to record highs, inflation surging.
We just heard from the chairman of the Federal Reserve, Warsh, who Donald Trump appointed, who said that we're likely going to need to increase and raise the interest rates. Not suspicious at all that Donald Trump then announces we're going to do the biggest deal in oil in American history. So that's what he posts. Our deal with Venezuela is the biggest in history. Breaking news.
Breaking news! He breaks his own news on his social media platform to manipulate markets! The United States of America has just entered into an agreement with the country of Venezuela on the biggest oil deal in world history! Then you go through the details of it, and it just seems so utterly phony. It's gonna allow the U.S. to have control of more than 65 billion barrels of proven oil!
And then Donald Trump says, We're gonna do this deal! With partnerships involving private businesses. All right. Which private businesses? What the hell are you even talking about?
Then late last night around 11:00 PM, Donald Trump reposts Delcy Rodriguez and her statement talking about this. We did this historic deal with the United States. And I'll show you in a little bit what some Venezuelan economists are saying as well, that this thing is completely phony. It's BS. We'll delve into it, of course.
Um, but let's talk about what's going down. So Donald Trump arrives in Washington, DC from that weird trip in Houston. You can see over here, Natalie Harp was accompanying Donald Trump wherever he went. Take a look right here. Natalie Harp staring at Trump and smiling while he was in Houston to show you what that looked like.
It was so odd. Here, play this clip. And we'll all see you when you get back, right? We're going to see them when they get back. So then Donald Trump arrives in Andrews Air Force Base and he starts yelling at people.
Off camera, but you could see him struggling down the stairs. Play this clip.
He then gets lost, doesn't know where he is. They get back to Washington, DC, and then you see Natalie follow him into the White House. I'll show you over here as Trump returns to the White House from Texas. Take a look.
This is what's going down today. Here's the schedule. Uh, Donald Trump will be at his Virginia golf club doing a fundraiser for MAGA Inc., where he seems to just take in all this money for himself, but hasn't really spent any of it for the midterms. But all of his events are closed to the press today. He's not addressing the press.
He, he is calling his stenographers like Barak Ravid over at Axios, um, earlier yesterday, they ran with the story that Suez is open. US gains the upper hand in the battle for Hormuz. My story on Axios. Your story on Axios. Yes, we control the Strait of Hormuz.
So true. Obviously it's so ridiculously false. And let's just assume you were right. Then where is all of this oil going? Because it sure ain't getting to the American people.
Why else would oil prices be surging and crude prices be surging? Surging because y'all are lying and the Strait of Hormuz remains closed. I'm sure there are a few tankers that get by in the southern Oman route. I'm not saying none get by, but we can pretty much see for ourselves where these tankers are. And we know that certainly not getting, uh, these tankers out anywhere near what it looked like before this catastrophic war started.
It's not even close. And look, the people get what's going on here. I mean, take a look at this North Carolina Trump voter. Here's what this North Carolina Trump voter has to say. Play.
I think he severely underestimated what he was going up against. I think— Take a look at these various women. I've been showing you a lot of clips like this. 2 Iowa women describe the brutal reality of rising costs. And, you know, you have Trump supporters as well.
Here, play this clip. President Trump promised to bring down prices.
You voted for him 3 times. Are you disappointed? Very disappointed. Very disappointed. Why?
Because the prices haven't gone down. I don't know. I don't know. I just— I'm over it, I think. Over the Trump thing, the Trump wagon, whatever you want to call it.
If you could talk directly to the president about the war, about the prices, about the economy, what would you tell him? Stop the bullshit. Make America great, like you said. That's what I'd say. Because in the real world, you know, this Wall Street Journal headline's accurate.
Drain on US munitions from Iran war raises fears over ability to deter China, Russia. Defense Secretary Hegseth oversees the shift of munitions using order books under longstanding Pentagon procedures, whatever that means. But we talked earlier about the Guardian report, and I'll do another video on this because there's lots of military leaders who are warning that We're not making our payroll anymore when it comes to even our service members. So the Navy has to raid the payroll in order to pay for certain combat missions. And so there are some contractors who are not able to even get paid right now.
And there's like deferred compensation issues, which is just utterly embarrassing. So again, with all of this taking place, Donald Trump rushes to Axios. Well, he makes the post, uh, on his social media platform about record deal. Historic deal that we did with Venezuela to try to change the topic away from the catastrophic war in Iran, go back to his safe place, his alliance with the authoritarian leader of Venezuela, Delcy Rodriguez, who he calls very well respected. For any of the Venezuelans in the United States or in Venezuela who thought that we were going to do democracy or— no, no, no, no.
Donald Trump is all about draining and taking the resources. And then there's a Qatari bank account where we have zero transparency, where at least $8 billion apparently has gone to this Qatari bank account controlled by Donald Trump. And no one knows what's going on with the money, but there's $8 billion or maybe even more that went to this Qatari account. But this is what then Axios— another Axios writer writes this story. So you have the other Axios writer, that sucker is open.
The Strait of Hormuz is open. No, it's not. Iran controls the Strait of Hormuz. The US lost the war in Iran. We all know that.
We're not stupid. Like, we get that. But then separately, now they're pushing this thing on us. Scoop, US to close massive deal over Venezuelan oil fields. The Trump administration is in talks with Venezuela's interim government about taking an ownership stake in South American country's enormous oil resources, 2 sources tell Axios.
Usually with Barack Ravid, it's 3 sources tell him. The historic deal would more than double US oil reserves by drawing from a country that has the world's largest proven reserves. One of the things that should be noted as well though, is that the type of crude that comes from it is also like a stickier kind that really doesn't do well in our refineries, which what does do well is Canadian crude. But okay, let's keep on reading what it's getting, what it says. Calling this deal huge would be an understatement.
One official said it's massive. I don't know, is the source Donald Trump? Adding pressure to get the deal signed, the wars in Iran and Ukraine, which disrupt— which disrupted global oil supplies and raised prices. The US Strategic Petroleum Reserve is now at a 40-year low. Details are still being hammered out, but the discussions involve more than a dozen productive oil fields, not all of Venezuela's 300 billion barrels of proven reserves.
The Venezuelan oil deal will be a legacy-defining moment for Donald Trump, who has made US energy security and dominance in the Western Hemisphere, pillars of his so-called Don't Road Doctrine. Trump is close to securing America's energy future for generations to come. Like, isn't this the dumbest propaganda imaginable? This is coming because we know we lost the catastrophic war in Iran. Um, the United States security umbrella has collapsed internationally, so they're rolling this out.
Massive deals about to happen. Let's just assume the deal happened, which This is all BS. Who are the private companies who are doing this? I mean, we know Exxon and Conoco are not investing in any of this, like they're staying out. So who, who are the private companies investing allegedly $100 billion in this?
That's the story. We don't, we don't know who they are. Super secret. We don't see any paperwork. There's no documents.
You just have to trust Donald. Okay. You just have to trust him. Um, but even if it was accurate, The infrastructure wouldn't be built for 5, 10, 15 years, 5 years the soonest. You can't just start this tomorrow.
So this is not going to impact anything that, that deals with the fact that Americans can't afford things anytime soon. So, but in any event, this entire story is, is BS. But even if you believe it, like if this is what Trump posted last night, this was the statement from Delcy Rodriguez. Venezuela announces historic agreement with the United States. By the way, this is what Trump wanted Iran to do.
Basically agree to his fake deals, bend the knee, allow Trump to do all these lies and fraud. And Iran's like, no, we're not doing this. We're a sovereign country. We're not going to go along with this crap. But Delcy Rodriguez is like, I extend my deepest gratitude to Donald Trump.
And he posts this like 11 PM. The agreement will allow— this is what Delcy Rodriguez, the authoritarian leader of Venezuela, said— the agreement will allow for a significant increase in oil production with the participation of private operators. It calls for the development of 17 strategic fields with a proven potential of 65 billion barrels of oil, an investment of more than $100 billion, and more than $209 billion in taxes for the state. These investments will contribute not only to the recovery and modernization of our industry, but also to our country's economic growth. Who's investing the $100 billion?
You're just making up numbers. As Venezuelan economist Francesco Rodriguez says, President Delcy Rodriguez, he's saying, according to your figures, this agreement will generate tax revenue of just $3.22 per barrel of Venezuelan oil. This represents 4.7% of the current price and less than half of the royalty rate contemplated in concessions granted by Juan Vicente Gómez, who was one of the prior dictators of Venezuela. So he's like, You, your dictatorship deal with Trump is less than half of the royalties of our prior dictatorship. You're just looting and pillaging from the people of Venezuela.
And this ain't gonna help the gas prices in the United States go down. What, the money's just gonna go to the Qatari bank account? And people get it. I mean, look, even state regime media, they're saying for Michigan residents, they're bearing the biggest burden of Trump's tariffs here. Play this clip.
All right, Lauren, which state is carrying the biggest burden? Michigan. Residents there paid $5,619 per household since January of 2025 through this June. Tariffs greatly affect Michigan's car industry. And then I just want to note this as well.
When Donald Trump was in Houston, he didn't know how to use a telephone. I just think this is very telling, like he's never used a telephone in his life. And you can see him here like, speak to the this telephone like 3 feet from, 2 feet from his face. Like, what are we even— they're like looking at him too, like, dude, do you know how to use a telephone? And as Aaron Rupar says, Trump ranting and raving like a lunatic on a landline phone to astronauts in space is like an SNL cold open.
Yeah, it'd be funny if so many people weren't being hurt by this. Here, play this clip. A lot of these victories, when you look at Venezuela, when you look at what we've done with the Drug people coming in by boat and by land, frankly. And then as Donald Trump attacks Canada and says, we're changing Lake Ontario to Lake America, which nobody else is going to agree to other than the despicable Trump regime. And as Trump says, oh, we're going to go after their autos.
We're going after Canada. No one treats us as badly. Donald Trump then yesterday afternoon, uh, started further attacking the United Kingdom and said that if you don't do what I want to do, and Trump like makes up these arbitrary things. You got to get your spending 5% of your GDP on military. Then he always moves the benchmarks because if you don't do that, we are not going to recognize your claim over the Falklands.
Uh, we're going to recognize Argentina's sovereignty over it. So screw you. I mean, there was a war that was fought over this, uh, the Falkland War, 74-day conflict in 1982. The United Kingdom won. The Falkland Islands are, uh, independent territory, but part of the UK.
It's like, what do you like? This is what you're doing now. You're picking a fight with the UK over the Falkland Islands. But folks, Donald Trump does want you to know the biggest oil deal by far ever. Don't be, uh, don't remember what's going on in the Strait of Hormuz with Iran.
This is the, the biggest deal has just happened here. It's not, you're never gonna see it in the pump. You're never gonna I don't know where the money's going to go, but we just say deal. And we'll just throw out numbers. $65 billion, $100 billion, $212 billion, big billion numbers.
Ah, no, the American people know what's going on. You're a clown. You're a fascist. You're a sexual predator. You're a felon.
You're a sicko. You're a piece of trash. You're a loser. You're weak. You're pathetic.
You've turned the America— you turned the United States of America into like a clown country Loserville under you. People hate this crap. They're done. That's why your approval's tanking. Go do what you got to do with Natalie in Virginia, you sicko.
Freaking sicko. People are sick of this crap. Anyway, hit subscribe. Let's get to 7 million subscribers. Thanks for watching, everybody.
Pre-order WTF America. It's the book I wrote with my brothers. It's out now. Well, the book comes out October 20th officially, but pre-order it now. Let's get momentum around it.
Thanks so much. 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?
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MeidasTouch host Ben Meiselas reports on Donald Trump returning to Washington, D.C. after his disastrous trip to Houston as things continue to unravel, with Trump desperately announcing a fake deal with Venezuela while his Iran lies fall apart.
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