Speaker 1: So this morning, Trump just unveiled his newest little object
at the Trump Accounts Summit, announcing you can't make this stuff,
announcing a plan where they're going to hand out one
thousand dollars investment accounts for babies born between the years
twenty twenty five and twenty twenty eight. Because nothing says
serious economic policy like a flashy rollout while bigger problems
pile up, Trump he went ahead and he announced that
he will be putting three to four trillion dollars into
the hands of young Americans. Three to four trillion. That
would be something. Play the clip.
Speaker 2: We're going to put three to four trillion dollars of
wealth into the hands of young Americans who otherwise would
have really started out with nothing. It's really an amazing
thing because it gives young children that start out with
really nothing, and it gives them, well, it's more money
than anybody could imagine from their standpoint. They'll have a
real start in life. And that's why decades from now,
I believe the Trump Accounts will be remembered as one
of the most transformative policy innovations of all time. And
I've done a lot of them. The tax cuts, we've
done a lot of them, more than I think anybody,
and I think this is going to be one of
the most outstanding.
Speaker 1: Wait now I'm angry because what about those of us
in sixty six?
Speaker 2: Right?
Speaker 1: I mean, okay, so there's twenty five through twenty twenty eight,
one thousand dollars for every new baby is going to
somehow amount to trillions of dollars. I'm a little confused. Meanwhile,
he did attack. He went ahead and he attacked past
presidents by claiming that every administration has left children with
nothing but debt. Play that clip.
Speaker 2: Every president in modern history has left our children with
nothing but debt. But under this administration, we're going to
leave every child with real assets and a shot at
financial freedom. Will ensure that Americans don't just end their
lives with a neests egg, but instead all Americans will
begin their lives with a beautiful nests egg.
Speaker 1: By the way, I love the concept. I just don't
get the math, because again, not sure how the thousand
dollars amounts to this greatwth And he's not wrong, by
the way, every single president in a long long time
has left this country in debt. And the debt, of
course gets passed on to our children and children's children
and children's children. And it's unfair, especially where we are
right now with thirty trillion dollars, where something like a dollar,
something like fifty cents of every dollar is going to
just pain the interest on that debt. He then explained
that parents will have access to the funds on the
fourth of July. So again, once I'm just I get
confused with some of this. I mean, does that mean
that parents can actually withdraw the money from their children's accounts?
Then how does it become trillions years down the road?
Played the clip.
Speaker 2: When Trump Accounts officially launched on July fourth of this year,
every parent will be able to activate their accounts and
access the funds at the Trump Accounts dot gov. So
it's all set up, We're all ready to go. It's beautiful,
the site is beautiful. On that glorious day. We also
expect to have commitments from generous private individuals in all
fifty states, and they'll be making additional contributions for children
in their own states.
Speaker 1: And yeah, okay, I'm just trying to understand if they
can withdraw the money technically, what you're talking about is,
I don't know, maybe an expensive pair of Nike sneakers. Now,
because Trump is always coming up with these wild sort
of business deals, he announced that Visa will be partnering
with the Trump Account program. I mean, I almost feel
like I'm living in one infomercial after another. Play the
clip reason.
Speaker 2: I'm officially calling on all employers all across America to
follow the lead of many of these amazing companies and
make matching Trump Account contributions to benefit for the American worker.
And they're going to benefit the American worker so much.
This morning, I'm also pleased to announce that Visa is
creating a brand new platform which will allow credit cardholders
to deposit their cash back rewards directly into Trump accounts.
That's a big deal, Visa. Thank you. Where's Visa ahead
of Visa? Thank you very much Visa.
Speaker 1: Yeah again, this sounds like almost like a lutne scam
to me. And welcome back to The Michael Cone Show
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well as for Maya Kulpa anywhere and everywhere that you
receive your podcasts now Scott Bessen. He was also at
the summit where he claimed that now parents can actually
contribute to the accounts instead of getting the children presence
for Hanukah, Christmas or Kwanza. Play the clip.
Speaker 3: Do all the moms and dads out there are watching
right now? They should sign up now right for Trump
accounts during the tax season.
Speaker 4: We've already had just in the past few days, five
hundred thousand families sign up. We believe they are about
twenty five million who are eligible. So go on the
IRS website. It's formed forty five forty seven and everyone
should do it. And it's a great way because you
can also if relative rather than giving a toy for
a birthday, for a holiday. They can contribute to these accounts.
I think we're going to see a substantial drop in
people playing the lottery because you've won the lottery, you've
got one thousand dollars and the power of compound interests.
Families can add to that. So this is really a
new kind of philanthropy. It is direct to children.
Speaker 1: I mean all right now, I got to just take
a step back to Scott Besson is completely tone deaf
to reality. So I want you to think for a second,
just imagine it's Hanikah, you Jewish like I am, It's Honikah,
and you turn around and the kids are expecting, or
it's Christmas and the kids are expecting, you know, Santa
Claus to come down the chimney and to leave them
something under the tree. And instead, no, no sun this
year and every year thereafter. This is again you're talking
to a four or five year old. Now you will
not be receiving the Gi Joe or the Barbie doll,
which seems to be so popular amongst this administration. You're
going to receive a Trump card that you'll be able
to use when you are eighteen or twenty one or
fifty or whatever, because again I just don't understand the math.
Somewhere along the line, there's going to be some tears
flowing at that table, and there's going to be some
very very unhappy children. Mind you. Nicki Minaj, well, she's
recently become the face of manga. First all, I can't
stand Nicki Minaj anyway, but now, all of a sudden,
Nicki Minaj is the face of Maga. And she took
to the stage at the summit, and while welcoming her
on stage, Trump of course made a joke about her nails.
Play the clip Nikki, come on up, come on.
Speaker 2: She's been such a great supporter and a great supporter
of Trump accounts, And I said, I'm gonna let my
nails grow because I love those nails gonna I'm gonna
let those nails grow.
Speaker 1: I mean again, one of the things that you are
going to get when you go to these rallies, you
go to these summits, so you go to these meetings,
is you're going to get his humor. I don't find
Nicki Minaj funny. I don't like her stance on things,
and why all of a sudden she's become Maga I
truly don't know why she's against the the migrants and
so on. Again, I truly don't know, but look funny enough.
In a New York magazine article that came out earlier
this week, it was actually reported that Trump is blaming
the bruises on his hands on women's nails like Nikki's.
Let me show you what. He wrote in it. Trump
also blamed women's fingernails and rings for the cuts on
his right hand, including one particularly nasty slice that came
from a botched high five with Attorney General Pam Bondy. Well, Pam,
let me be crystal clear, you have now hurt our president.
We can actually claim that you were trying to do something.
And I think Pam Bondy should be locked up. I
think Cash Patel should be investigating her. You know, whatever
the reason is, who cares. We are curious as to
what his health condition is that's causing those bruising, But
I don't care what's causing it as long as he's okay,
as long as that his health is not in jeopardy.
Based on the next photo minage, well she may be
the next full guy too. Let me show you, uh oh,
trouble ahead. Look at those nails. And Nicki Minaj then gave,
I don't know, let's just call it a stupid a
low energy comment about her support for Trump happened a
little enthusiasm. Play the clip.
Speaker 3: Hello, Uh, well, I don't know what to say, but
I will say that I am probably the President's number
one fan and that's not going to change. And the
hate or what people have to say, it does not
affect me at all. It actually motivates me to support
him more. And it's going to motivate all of us
to support him more. We're not going to let them
get away with bullying him. And you know the smare campaigns,
it's not going to work. Okay, he has a lot
of force behind him and God is protecting him. Amen.
Speaker 2: I'm so.
Speaker 1: Okay, Yeah, you should go low energy. Figure about low energy, Jeb,
We got to come up with a good one for
Nicki Minaj.
Speaker 4: Well.
Speaker 1: Trump then went on the rails, I mean literally a
little going off about nominating Ted Cruz for the Supreme Court.
God help us all.
Speaker 2: Play the clip, but but Ted Cruz has one thing
that I let if I ever had problems, because it's
hard to get people. He's a brilliant legal mind. He's
a brilliant man. If I nominate him for the United
States Supreme Court, I will get one hundred percent of
the vote. The Democrats will vote for him because they
want to get him the hell out, and the Republicans
will vote for him because they want to get him
the hell out to Where's Ted? Where are you Ted?
Speaker 1: Yeah, one of the least favored members of Congress. Don't
be Ted Cruz. And the last clip that I actually
want to show you, the last clip is of Trump
literally Reagan on low income housing. Now this again, I
don't understand that this is a man who understands low
income housing better than any other president. Why because he
had ten thousand of them, He had dozens and dozens
and dozens of Mitchell Lamas all throughout Brooklyn and Queens.
He understands low income housing. For God's sakes. Wouldn't the
people in low income housing benefit the most from these
Trump accounts if you think about it, Because I am
play the clip.
Speaker 2: And I don't want a big section of the area
built into low income housing. They want to put low
income housing right smack in the middle of it. And
that's not the American dream. You know you didn't do that.
And low income housing is great. I built a lot
of low income housing, but you don't put it there.
This is one of the richest neighbors in the world,
and we're going to let those people.
Speaker 1: Okay, okay again, they have to live somewhere, right, So
if it's not going to be in I don't know,
a top zip code area, then where Because people have
to be able to afford to live. That's the American dream.
That's the American dream that Trump's grandfather came with. That's
the dream that Trump's father developed, and that's the dream
that Trump was doing. So why attack low income housing?
None of this makes any sense at all, and that's
what we got to stop. We need sense and sensibility
and as always, thanks for listening. Hey everyone, First of all,
thanks for watching. I mean, we're gonna be posting daily
episodes with reactions and talking about politics. We'll be talking
about everything in fact, so please like and subscribe join
us on this journey.