Latest / DEEP INSIGHT / 'CORRUPTION' Joe SLAMS Trump's $1,000,000 meme coin contest

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'CORRUPTION' Joe SLAMS Trump's $1,000,000 meme coin contest · DEEP INSIGHT

• 0:00
  Speaker 1: Corruption. And it's all over the place. And we may
• 0:03
  Speaker 1: have once we win when a family's already raked up
• 0:08
  Speaker 1: two billion dollars, three billion dollars. It's hard to say
• 0:11
  Speaker 1: this is the worst example, a most flagrant example of corruption.
• 0:16
  Speaker 1: But it's certainly up there with the president announcing this
• 0:20
  Speaker 1: dinner for people that want to pay their way in.
• 0:24
  Speaker 2: Yeah, you said announcing, and that's important because they're not
• 0:27
  Speaker 2: hiding this stuff at all. I don't know that they
• 0:29
  Speaker 2: ever were, but especially in the second term, President Trump
• 0:32
  Speaker 2: is now offering investors what he's calling the most exclusive
• 0:35
  Speaker 2: dinner in the world. And all they have to do
• 0:37
  Speaker 2: is to buy at least a million dollars worth of
• 0:39
  Speaker 2: his cryptocurrency. It's part of a contest launched this week.
• 0:43
  Speaker 2: which says the top 185 investors in the Trump meme
• 0:47
  Speaker 2: coin will receive invitations to a dinner next month at
• 0:50
  Speaker 2: a Trump golf club where three mystery legends will be
• 0:54
  Speaker 2: in attendance. Meanwhile, the top 29 purchasers of that coin
• 0:58
  Speaker 2: get a VIP reception with the president and the four
• 1:01
  Speaker 2: largest holders will be gifted gifts. a Trump 18-karat gold watch,
• 1:06
  Speaker 2: which retails for around $ 899. The Trump meme coin currently
• 1:11
  Speaker 2: trades at $ 2, down from its high of $ 70 when
• 1:15
  Speaker 2: it was launched. Trump does not own the firm that
• 1:18
  Speaker 2: runs the meme coin, but he has made $ 635 million.
• 1:24
  Speaker 2: from the licensing of his name, Jonathan Lemire. First of all, John,
• 1:27
  Speaker 2: you know that watch is top of the line of
• 1:29
  Speaker 2: his stakes and everything else or any indication. But also
• 1:33
  Speaker 2: the fact that he is openly selling access to the
• 1:36
  Speaker 2: president of the United States to the highest bidder. This
• 1:38
  Speaker 2: is a worthless meme coin. So all you're doing is
• 1:41
  Speaker 2: buying access to the president of the United States and
• 1:44
  Speaker 2: doing it out in the open in a time, again,
• 1:47
  Speaker 2: where people can't afford to buy gas or groceries or
• 1:50
  Speaker 2: pay their rent or pay for their health care.
• 1:53
  Speaker 3: But Willie, there'll be three mystery guests, so it'll be
• 1:55
  Speaker 3: worth it. This is last week. President Trump had this
• 1:58
  Speaker 3: lavish state dinner at the White House for Xi Jinping
• 2:02
  Speaker 3: of China. And afterwards, there were members of his staff,
• 2:05
  Speaker 3: including Dan Scavino, his deputy chief of staff, who posted
• 2:07
  Speaker 3: these images, videos of Trump staff members and family members
• 2:11
  Speaker 3: like dousing each other in champagne, like these over the
• 2:15
  Speaker 3: top images of decadence and luxury. And there were even
• 2:18
  Speaker 3: some Republicans who came to me this week and I
• 2:20
  Speaker 3: included this in the story I wrote yesterday saying, what
• 2:22
  Speaker 3: are we doing?
• 2:23
  Speaker 4: Why would they do that?
• 2:25
  Speaker 1: And by the way, great. Tucker Carlson imitation of the
• 2:29
  Speaker 1: guy who does the imitation. What are we doing? What's
• 2:32
  Speaker 1: that about? What's that about? Is that the new rule now?
• 2:35
  Speaker 4: That's the goal.
• 2:36
  Speaker 1: That's the goal.
• 2:36
  Speaker 5: So what are we doing, though?
• 2:37
  Speaker 1: You're right. I mean, it's what Republicans should be asking,
• 2:40
  Speaker 1: because while people are struggling to pay rent, while an
• 2:44
  Speaker 1: increasing number of Americans are only able to buy their
• 2:48
  Speaker 1: groceries like on layaway. And there I saw a clip
• 2:56
  Speaker 1: and I didn't you know, I didn't believe that was
• 2:59
  Speaker 1: actually on the account that it said it was on
• 3:02
  Speaker 1: of champagne and women and all this other stuff like,
• 3:06
  Speaker 1: you know.
• 3:07
  Speaker 5: It's extraordinary.
• 3:08
  Speaker 3: The origin of this is so people were it was
• 3:10
  Speaker 3: made afterwards. Elon Musk put something out because he just
• 3:13
  Speaker 3: reactively retweets whatever he sees. But then members of the
• 3:17
  Speaker 3: White House like Jan Scavino is on the White House payroll.
• 3:19
  Speaker 3: This is his official account put out a different version.
• 3:22
  Speaker 4: He made his own.
• 3:23
  Speaker 3: And put it out because they were just so reveling
• 3:26
  Speaker 3: in this. And Richard, I mean, so that was last week.
• 3:30
  Speaker 3: And now next week or later this month, we have
• 3:32
  Speaker 3: this dinner, this exclusive dinner. Willie read through the prices there.
• 3:37
  Speaker 1: Here is this.
• 3:37
  Speaker 3: Here's the skivina dance. That's him in the middle. And
• 3:40
  Speaker 3: that's behind him. Eric Trump, the president's son and his wife.
• 3:45
  Speaker 1: They put this out.
• 3:46
  Speaker 3: They're reveling in this. They want us to see this.
• 3:49
  Speaker 3: And yet it comes at a time when Americans are
• 3:52
  Speaker 3: deeply concerned about affordability. And we keep coming back to
• 3:54
  Speaker 3: this theme. It's not just that the White House is
• 3:57
  Speaker 3: like trying to fight affordability and it's not working. They're
• 4:01
  Speaker 3: not even trying. And voters are just angrier and angrier.
• 4:06
  Speaker 4: This is Marie Antoinette. This is let me take more.
• 4:09
  Speaker 4: The 30 year mortgage is now at seven point two eight.
• 4:12
  Speaker 1: Yeah.
• 4:13
  Speaker 4: Basically means housing is increasingly now priced out of the
• 4:16
  Speaker 4: reach of most Americans. This is like Kash Patel on stilts.
• 4:22
  Speaker 4: This is an out-of-control bunch. And that's what strikes me
• 4:25
  Speaker 4: about it. It's the brazenness of this. It's the nakedness
• 4:29
  Speaker 4: of this. So they're clearly living in a little bubble
• 4:32
  Speaker 4: of their fellow partygoers and rich people at Mar-a-Lago that
• 4:35
  Speaker 4: this is frat boy behavior. And these are people who
• 4:39
  Speaker 4: are entrusted. with the most powerful office in the world,
• 4:44
  Speaker 4: and we're getting frat boys. And you just wonder when
• 4:48
  Speaker 4: the country's gonna turn on them the way Hungary turned
• 4:51
  Speaker 4: on Orban. But my sense is it's a question of
• 4:53
  Speaker 4: when rather than if, and the sooner the better.
• 4:56
  Speaker 1: You know, Rev, it is, again, it's so striking. Donald
• 5:01
  Speaker 1: Trump has this Gilded Age meeting with the richest people
• 5:05
  Speaker 1: in the world. He, again, has this meme coin deal where,
• 5:13
  Speaker 1: you know, instead of going out and shaking hands with
• 5:15
  Speaker 1: Americans and listening to Americans and trying to relate to
• 5:18
  Speaker 1: what Americans are going through, he's letting people give him
• 5:23
  Speaker 1: millions of dollars to have dinner with him with a
• 5:27
  Speaker 1: meme coin. And here you have, as Richard said, you know,
• 5:31
  Speaker 1: Rent was already terrible. Gas prices high. You look at diesel.
• 5:36
  Speaker 1: It's just out of control. Republicans have slashed health care
• 5:41
  Speaker 1: so they can fund tax cuts for the very richest Americans.
• 5:47
  Speaker 1: And you see this Marie Antoinette stuff and there's just
• 5:51
  Speaker 1: a huge disconnect for a man who was supposed to
• 5:55
  Speaker 1: be a, quote, populist president. This is the least populist
• 5:58
  Speaker 1: president in our lifetime.
• 6:01
  Speaker 5: You hit the nail on the head in the sense that,
• 6:05
  Speaker 5: you know, I've been traveling a lot on this voter tour.
• 6:08
  Speaker 5: And one of the things that I'm getting from people
• 6:10
  Speaker 5: of all backgrounds, many of whom said I liked Trump,
• 6:15
  Speaker 5: It's not even that they're insensitive. It's almost like they're
• 6:19
  Speaker 5: holding people in contempt.
• 6:21
  Speaker 1: Well, they're rubbing their noses.
• 6:23
  Speaker 5: They're rubbing their nose.
• 6:24
  Speaker 1: That Scavino thing, that's an AI generated image that they
• 6:28
  Speaker 1: had to work to get. This is when this is
• 6:31
  Speaker 1: diesel is over six dollars. And you have farmers who
• 6:36
  Speaker 1: are struggling, people who are losing their farms. You've got
• 6:39
  Speaker 1: interest rates now, mortgages over 7%. So young people who
• 6:44
  Speaker 1: are already locked out of being able to buy houses
• 6:46
  Speaker 1: and pursuing the American dream like we were able to. 30,
• 6:50
  Speaker 1: 40 years ago. They can't do that. And look, look,
• 6:55
  Speaker 1: look at this.
• 6:55
  Speaker 2: Look at this.
• 6:56
  Speaker 1: Keep playing it. I want people to see this. And
• 6:59
  Speaker 1: so while they're struggling, while groceries more expensive than ever,
• 7:04
  Speaker 1: while Americans are selling their blood to be able.
• 7:07
  Speaker 2: To actually afford groceries.
• 7:09
  Speaker 1: I saw a stat on that this past week that
• 7:11
  Speaker 1: more Americans are selling blood, their blood for money than
• 7:14
  Speaker 1: ever before, are buying groceries on layaway. This is what
• 7:19
  Speaker 1: the White House is doing. And we, of course, we
• 7:21
  Speaker 1: just have this Dan Scavino clip. But this this comes
• 7:25
  Speaker 1: from the top down. Dan would be doing this if
• 7:27
  Speaker 1: he wasn't if he wasn't getting, you know, the read
• 7:30
  Speaker 1: from the president, the United States and everybody else. They
• 7:32
  Speaker 1: live in a gilded age. Everything's covered in gold. And
• 7:36
  Speaker 1: I mean, this is like the last days of Rome here.
• 7:40
  Speaker 1: I what what's the goal when working Americans are struggling
• 7:46
  Speaker 1: more today than they ever have?
• 7:47
  Speaker 5: And when people feel that you're not only being insensitive
• 7:52
  Speaker 5: to my plight, but that you're mocking me because those
• 7:56
  Speaker 5: kind of images make me feel like I'm being mocked,
• 8:00
  Speaker 5: like here, take this. And then you have the president
• 8:04
  Speaker 5: making all kind of, I mean, he did an interview
• 8:07
  Speaker 5: with Time Magazine where he was rambling like somebody that
• 8:10
  Speaker 5: wasn't still with us. And this is what you give
• 8:14
  Speaker 5: your party 32 days before the primaries. I think that
• 8:19
  Speaker 5: it is clear that this is something that is going
• 8:22
  Speaker 5: to the chickens will come home to roost on on
• 8:25
  Speaker 5: the midterm election day.
• 8:26
  Speaker 1: I've never seen anything like it, Willie.
• 8:29
  Speaker 5: Yeah.
• 8:29
  Speaker 2: And Claire, we don't have to wonder how the American
• 8:31
  Speaker 2: public feels watching all of this. We got that AP
• 8:33
  Speaker 2: poll that dropped yesterday during our show that shows 17 percent,
• 8:38
  Speaker 2: one seven of Americans support how the president is handling
• 8:42
  Speaker 2: the cost of living in this country. So when you
• 8:45
  Speaker 2: get to 17 percent, that's just not cracking Republicans. You've
• 8:48
  Speaker 2: cracked into the MAGA base at that point. His approval
• 8:52
  Speaker 2: on the economy overall is at 26 percent. Just deadly
• 8:55
  Speaker 2: numbers politically.
• 8:58
  Speaker 6: Yeah, as somebody who spent most of my adult life
• 9:01
  Speaker 6: trying to figure out how I can tap into how
• 9:05
  Speaker 6: people feel about their lives in order to be a
• 9:08
  Speaker 6: more effective political candidate, it is really interesting to me
• 9:13
  Speaker 6: how bad they are at this in the White House
• 9:16
  Speaker 6: right now. It almost makes you think. That he kind
• 9:21
  Speaker 6: of said to the inner circle, you know, it's OK
• 9:24
  Speaker 6: if we lose because then I've got somebody to blame
• 9:27
  Speaker 6: for the next two years. Because, you know, he loves
• 9:29
  Speaker 6: to blame other people for everything that's messed up under
• 9:33
  Speaker 6: his watch. It almost makes me think that that he said,
• 9:37
  Speaker 6: you know, go ahead. Don't worry about offending everyone. Don't
• 9:40
  Speaker 6: worry about being so totally off key. That is jarring
• 9:44
  Speaker 6: because I like the idea that I'll be blaming them
• 9:48
  Speaker 6: and I'll be the persecuted one again.
• 9:51
  Speaker 1: And I'll be the one that's a victim. That's brilliant, Claire.
• 9:54
  Speaker 1: You know, he is so much better playing victim than
• 9:57
  Speaker 1: he is playing leader. He went when when he's having
• 10:02
  Speaker 1: to defend himself. When when he's being impeached, when people
• 10:08
  Speaker 1: are calling him out for all the serial abuses that
• 10:11
  Speaker 1: he's done, when he's the victim, when he gets to
• 10:15
  Speaker 1: play the victim, that's Donald Trump at his political best.
• 10:19
  Speaker 1: So I you that's a brilliant point. Maybe he's thinking
• 10:25
  Speaker 1: if we lose, I win because I get to be
• 10:28
  Speaker 1: the victim again and I get to be the one
• 10:30
  Speaker 1: that's under siege. Yeah.
• 10:33
  Speaker 6: And I think the Democrats are going to have to
• 10:35
  Speaker 6: be careful. Assuming we do win, I think they're going
• 10:37
  Speaker 6: to be very careful because if they there is accountability
• 10:41
  Speaker 6: that everyone is going to clamor for. And of course,
• 10:44
  Speaker 6: nobody wants accountability more than I do, for sure. But
• 10:48
  Speaker 6: we've got to be really careful. The Democrats need to
• 10:51
  Speaker 6: stay on message and make sure they're addressing people's economic
• 10:54
  Speaker 6: needs and tend to their knitting and not get so
• 10:57
  Speaker 6: carried away with vengeance about Donald Trump that you play
• 10:59
  Speaker 6: right into his hand.
• 11:01
  Speaker 2: And by the way, yesterday in Oklahoma, the president said
• 11:04
  Speaker 2: all of this, his poll numbers, the way the country's
• 11:06
  Speaker 2: feeling about him is a PR problem. He said we're
• 11:09
  Speaker 2: not good at public relations because the fake news won't
• 11:12
  Speaker 2: tell the real story of what's going on in America.
• 11:15
  Speaker 2: The problem is people feel what's going on in America
• 11:17
  Speaker 2: every time they go to the gas station. or to
• 11:19
  Speaker 2: the grocery store.