AI Summary
5 min readTrump Just Got a Rude Awakening… — The MeidasTouch Podcast
The MeidasTouch Podcast opens with a stark reality check: Iran has been striking tanker after tanker in the Strait of Hormuz, and the Trump administration has been lying about it. The host reports that on October 3rd, an oil tanker was struck by a projectile; on October 4th, an LNG tanker and another oil tanker were hit by IRGC projectiles; and earlier that morning, a massive tanker turned around after being warned by the IRGC. The Wall Street Journal now confirms that "oil was pouring out of Hormuz again" and that "attacks on ships resurged," with a U.S. official acknowledging Iran's targeting has improved, making transits riskier. The host insists these strikes were happening all along but were not being reported, and the Trump regime was falsely claiming more oil was getting out than actually was.
Consumer Confidence Collapses to Great Recession Levels
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What you'll learn
- 1 (00:18) **Strait of Hormuz Oil Crisis Worsens** - Iran continues striking tankers in the Strait of Hormuz, with official authorities now acknowledging the attacks.
- 2 (01:28) **Consumer Confidence Collapses to Great Recession Levels** - Consumer confidence hits its lowest level since April 2014, nearing Great Recession territory.
- 3 (02:07) **Aramco CEO Warns of Dangerously Low Global Oil Inventories** - Amin Nasser, CEO of Aramco, speaks at an energy conference in London, highlighting a critically thin global supply cushion.
- 4 (02:42) **Houthis Strike Saudi Aramco Refinery in Jeddah** - Ansarallah (Houthis) successfully strike a Saudi Aramco refinery in Jeddah with a ballistic missile.
- 5 (03:49) **Tanker Rates Skyrocket, Adding $33 Per Barrel to Oil Costs** - Very Large Crude Carrier (VLCC) rates have reached unprecedented levels due to severe risk.
- 6 (05:14) **JD Vance Defends Trump's Taxpayer-Funded Ads, Falsely Compares to Obama** - JD Vance at Joint Base Andrews claims Trump's political ads are no different from Obama-era government advertising.
- 7 (06:47) **Rick Scott Defends High Gas Prices as Trade-Off for Nuclear Safety** - MAGA Senator Rick Scott argues that high gas prices are acceptable because Trump saved the U.S. from nuclear weapons.
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Guests on this episode
Show Notes
MeidasTouch host Ben Meiselas reports on Donald Trump getting a rude awakening on Monday as Iran continues striking tankers in the Strait of Hormuz, undermining his administration’s claims that the situation is under control. J.D. Vance, Marco Rubio, and other Trump officials scramble to defend his handling of the crisis as new polling shows Democrats surging in voter identification.
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