Trump Top Advisor Hides From Press After Causing Crash

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Speaker 2 As I posted on my social media accounts, not a good sign that the weekend before what Trump calls Liberation Day on April 2nd, when all of his tariffs are going to go into effect, Trump's commerce secretary, Howard Luttnick, who has been on TV non-stop up to this point, acting like a sham wow infomercial salesman, all of a sudden goes MIA and refuses to do interviews.

Speaker 2 So over the weekend, for example, on CBS Face the Nation, they said, we try to get Trump's commerce secretary, Howard Luttnick, on because he's been the one talking about the tariffs and all of these things.

Speaker 2 He's been promising an economic boom, but our economy's crashing. But Howard Luttnick refused to show up and do interviews this weekend at a critical time.
This is what went down on Face the Nation.

Speaker 2 Play this clip. We had hoped to speak to Commerce Secretary Howard Luttnick today, but the White White House declined our request.

Speaker 3 We do hope to have him on in the near future to discuss tariffs.

Speaker 2 Our focus: In other words, Howard Luttnick refused to face the nation. Now, where was Howard Luttnick? A few signs of where he was.
We saw him going into the helicopter and heading out to Mar-a-Lago.

Speaker 2 So he seemed to be vacationing with Donald Trump. You can see right there the arrow.
That's Howard Luttnick right there. But as I said in the post, Howard Luttnick is like a sham wow salesman.

Speaker 2 He's been on TV all this time and he's been pushing and peddling the most ridiculous stuff by Donald Trump.

Speaker 2 For example, a few weeks ago, when he was asked, hey, you know, the Atlanta Federal Reserve shows there's going to be a 2.4% contraction in the economy and we're heading for a great recession, if not a depression.

Speaker 2 Howard Luttnick, how do you respond to what the economists are saying? And Luttnick's like, whoa, whoa, whoa, say that again. That's not going to happen here.
Play this clip.

Speaker 4 We've seen worries about growth.

Speaker 4 I know you said you're not expecting a recession, but investors are on edge over the possibility of a recession this year after the Atlanta Federal Reserve said that it's predicting a 2.4% contraction in the first quarter.

Speaker 4 And of course, President Trump would not.

Speaker 5 What, wait, wait, wait. Say that again.
A what?

Speaker 4 A what? The Atlanta Federal Reserve.

Speaker 5 Contraction?

Speaker 4 Correct. Correct.
First quarter.

Speaker 7 Okay, right here, right here, right now. Right here, right now.

Speaker 5 That is ridiculous. Okay.

Speaker 2 Now, Howard Luttnick, for example, was at the cabinet meetings and he would be glazing Donald Trump non-stop. This guy is the ultimate glazer.

Speaker 2 He just says whatever he needs to say to get in Donald Trump's good graces.

Speaker 2 So here is that the most recent cabinet meeting, again, before he went MIA this weekend, where Howard Luttnick started talking about April 2nd, Liberation Day this, Liberation Day that.

Speaker 2 Here, play this clip. Say a couple of words.

Speaker 8 Well, what is so exciting is April 2nd is just around the corner, and that's American Liberation Day. That's the day when the rest of the world starts to treat America with respect.

Speaker 8 And your leadership,

Speaker 8 understanding how the rest of the world treats us and what balance and what fair trade finally is going to be, is going to take care of America.

Speaker 8 It's going to launch the External Revenue Service to start to build the power and prestige of America back and I'm honored to be helping you on that course.

Speaker 2 I got to show you quickly though what my sham wow reference is.

Speaker 2 I may be dating myself here but there was this infomercial sham wow and the guy would say I got a shamo. It's a wow.
I know this guy reminds me so much of Howard Luttnick.

Speaker 2 This was the short clip of the sham wow infomercial play this clip.

Speaker 9 Hi, it's Vince with Sham Wow. You'll be saying wow every time you use this towel.
It's like a shamois. It's like a towel.
It's like a sponge. A regular towel doesn't work wet.
This works wet or dry.

Speaker 9 This is for the house.

Speaker 2 Yeah, now, Howard Luttnick, once again, was nowhere to be found this weekend to answer questions heading into what Trump's referring to as Liberation Day, when all of these countries will start being tariffed even more, which many expect will further crash the economy.

Speaker 2 Of course, the markets are already crashing. People's 401ks and life savings are absolutely destroyed.

Speaker 2 But a few weeks back when Howard Luttnick was on Fox, he was asked by Maria Bartaroma, how much time is it going to take? How much time is it going to take?

Speaker 2 To which Howard Luttnick blamed former President Biden's administration. But to be clear, there was no mess that the Trump regime was left with.

Speaker 2 If you want to call it a mess, they were left with 4% unemployment, record low unemployment, record highs in the stock market, about 16.2 million new jobs in the last four years, hundreds of billions of dollars in investments teed up and being pumped into the economy for infrastructure, the CHIPS Act, the PACT Act, Infrastructure Act, Inflation Reduction Act, American Recovery Act.

Speaker 2 Things were doing great. And then these idiots screwed it all up.
Here was Howard Luttnick before he went to MIA. Play this clip.

Speaker 4 Gonna take, Secretary.

Speaker 5 Okay, the Donald Trump economy. We own the economy in the fourth quarter.
We start to get, you know, we get shovels in the ground. We cut regulation.
We get shovels in the ground of this $2 trillion

Speaker 5 of a commitment to build factories, to build production back to America. You've got everybody coming back to America to build.
That starts really strong in the third quarter.

Speaker 5 First and second quarter are sort of a little bit of our optimism. You know, egg prices down, interest rates down, energy prices down.

Speaker 5 We get a little bit of benefit from us, but it is the mess that we were left with. But it's not that bad.
Remember, you know, overstating ridiculous things. I mean, you feel it, Maria.

Speaker 5 Are you, did you feel deep, deep pain in the first quarter? I've watched your show all along. I don't remember you saying, oh my god.

Speaker 6 No, no, come on.

Speaker 6 I was surprised.

Speaker 2 Here's Howard Luttnick again being asked, hey, you know, does the president want the stock market to rise?

Speaker 2 Because confidence is being shaken, to which Howard Luttnick's like, the fact that the stock market goes down here, there, who cares?

Speaker 2 We don't care about the stock market. Seriously, that's what you're going with.
This is what he said a few weeks ago, again, before he went MIA. Play this clip.

Speaker 10 This, Secretary Lochnick, does the president want a rising stock market? Because we do have stock 6% off the highs, and confidence is being shaken here a little bit around business.

Speaker 10 I know you guys wanted lower interest rates, and you're getting that, but kind of for the wrong reasons, because now there's worries about growth and potentially recession because of a trade war.

Speaker 12 The president wants American growth and American prosperity. Okay.

Speaker 12 And the fact that the stock market goes down a half a percent or a percent, it goes up a half a percent or percent, that is not the driving force of our outcomes.

Speaker 2 Now, Howard Luttnick is also the guy who went on the all-in podcast, the like a podcast, a bro podcast thing of like rich guys.

Speaker 2 And he was saying that if you complain about social security, the reason that you complain is probably like not getting your social security check is because you must be committing fraud so let's just say a social security check doesn't arrive here or there if you whine you're probably a fraudster he says here play this clip let's say social security didn't send out their checks

Speaker 12 this month my mother-in-law who's 94

Speaker 12 She wouldn't call and complain.

Speaker 12 She just wouldn't. She thinks something got messed up and she'll get it next month.

Speaker 1 A fraudster

Speaker 6 always

Speaker 12 makes the loudest noise, screaming, yelling, and complaining.

Speaker 2 And here, Howard Luttnick

Speaker 2 is asked on that

Speaker 2 Rich Guy podcast, do we need to, all the Gark podcasts, do we need to speak in a more empathetic way about what Doge is doing? Should we be more empathetic?

Speaker 2 Because they're firing veterans and all these federal workers, and then they're defaming them and saying that it it was for performance-related reasons when there was not performance-related reasons, and you're destroying people's lives, and you're making people terrified to like fly on airplanes and travel or do basic things.

Speaker 2 Should we be a little bit more empathetic? To which Howard Luttley is like, No, no, doubly now, now, no. Here, play this clip.

Speaker 13 Before we get there, I want to ask one last question on

Speaker 13 the cuts. Can we speak

Speaker 13 in an um, do we need to speak in a more empathetic way? Because Because that trillion dollars of spending flows into someone's pocket.

Speaker 13 Some percentage of that pays people a salary and they live on that income. And I think a lot of the okay, I think this is important for you to highlight because a lot of people are reacting.

Speaker 2 By the way, if you want to see what's going on in right-wing propaganda TV land,

Speaker 2 one of their shows, Mike Lindell has a show, Lindell TV. You just got to watch this because I was trying to find out where in the world

Speaker 2 Luttnick was over this past weekend.

Speaker 2 And he's in Mar-a-Lago. But one of the ways I found out was

Speaker 2 they apparently cover like where Trump's traveling and like the people who go on the helicopter on this right-wing propaganda TV.

Speaker 2 I have to show this to you just so you can like literally see how crazy this stuff is. But this is what's going on on right-wing TV right now here.
Play this glow.

Speaker 10 Is that Robert Kennedy Jr.?

Speaker 11 There is Robert Kennedy Jr. amazing and it looks like Howard Luttnick is with him.
They're going to join the president on the helicopter.

Speaker 11 Wow, what a great question it would have been for me today if I was actually going to get to ask President Trump if he

Speaker 11 was working out with Robert Kennedy Jr. because both of them look great.
I mean President Trump looks healthier than ever before.

Speaker 11 And that's not just me saying that because obviously I do support the president. It's me just as a health and fitness person noticing that he does look healthy.

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Speaker 2 Now here is Howard Luttnick talking about taking over Panama and Greenland. Let's play this.

Speaker 15 And spread the truth unlike the fake news legacy media.

Speaker 15 I did. I just got footage of RFK Jr.
going into that helicopter. It was amazing to see.
He was with the whole cabinet, I think. Besant and

Speaker 15 others.

Speaker 15 Luttnick. Yeah.
So incredible to see. What a privilege.

Speaker 11 This is the first time I've seen Robert Kenny Jr. never.

Speaker 11 It's always Elon Musk.

Speaker 11 Well, the first time I've seen him get onto the helicopter

Speaker 2 Now let's just take a look to about what happened as Howard Luttnick was going on that helicopter to leave Mar-a-Lago. This is what Fox was reporting about the stock market last week.

Speaker 2 And folks, things are going to get even worse this week, in my opinion. Play this club.

Speaker 16 Thanks so much. Woo, folks.
This is a tough way to end the week if you're along the market. If you're long gold, you're happy.

Speaker 11 But Dow is losing about 724.

Speaker 16 The S ⁇ P down 113. The NASDAQ down $484.

Speaker 9 That will do it for us.

Speaker 17 Hello, folks. Welcome to Kudlow.
I'm Larry Kudlow. So markets crash over 700 points today after a bad inflation report.
More tariff confusion.

Speaker 17 Oh, and by the way, Republicans really going to raise taxes? That could have done it. Our own Sandra Smith, Taylor Riggs, and Jerry Wills be right here on set to break it all.

Speaker 2 Also, on Sunday, you had Elon Musk attacking the Federal Reserve and saying,

Speaker 2 End the Fed, end the Federal Reserve. Why are there all these people working there?

Speaker 2 Yes, they're going to try to attack the Federal Reserve at a critical time while they're sending the United States into a Great Depression. Play this clip.

Speaker 19 Second of all, my question is, what is your opinion on the Federal Reserve and do you have any intentions of doing anything with them?

Speaker 6 And the Fed!

Speaker 6 Yeah.

Speaker 18 I don't know. I always wanted to say that, you know.

Speaker 18 But I mean, I think there's like 20,000 people that work at the Fed seems pretty high.

Speaker 18 In fact, there's a lot of people that work at the Fed on this things like, why do we have so many people

Speaker 18 at the Fed and what do they do? And,

Speaker 18 you know, sometimes I wonder which one would win.

Speaker 18 You know, the Federal for interest rates?

Speaker 18 The Board of the Federal Reserve or a Magic A Ball?

Speaker 2 Now, all of the indicators are showing just how unpopular the Trump regime is. You know, Trump's approval rating is sinking and plummeting.
It's less than 43% right now.

Speaker 2 Only 24% of Americans say that their income is keeping up with inflation right now. All this trade war stuff is doing is moving

Speaker 2 alliances outside of the U.S.

Speaker 2 So China, South Korea, Japan strengthening their trade, Canada strengthening trade with China, Mexico strengthening trade with China, Europe strengthening trade within itself and Australia, Canada, Europe, and just isolating the United States, icing the United States out as a result of this horrific, horrific policy.

Speaker 2 From Canada's The Globe and Mail, Trump's self-inflicted recession begins to take shape. I think America will be lucky at this point if it's a recession.

Speaker 2 I think we're heading into a great recession, if not a great depression, as a result of what Trump's doing right now. I mean, this is what's caused depressions in the past.

Speaker 2 It's not hard to predict what's taking place. And the fact that now you have Howard Luttnick not going on TV on the weekend after

Speaker 2 scaring the crap out of people with Social Security, saying that Doe shouldn't be empathetic, lying about the stat the state of our economy saying that oh it's not going to be that bad doing his sham wow infomercial routine while the reality is is that the atlanta federal reserve believes there will be a 2.8% contraction and it makes sense that there's going to be with all of their horrific policies.

Speaker 2 It's obvious that that's where this is headed. And then there's going to be successive quarters of recess.

Speaker 2 This is not complicated economics here.

Speaker 2 They're crashing the economy they're crashing it right now i'll show you this this is ram emanuel i asked him i said do you think they're crashing the economy on purpose you got to watch this rammanuel former obama chief of staff former ambassador to japan um and former mayor of chicago guy knows guys know stuff and he says we worked hard to stop recession these idiots like want to create a recession here play this clip you think he actually has a desire for does he want a a recession

Speaker 6 i don't know why he said it but well first of all i don't know if he wants it but i worked for president obama when we inherited the what's called the great recession and it was this close to going and tipping into a depression we stopped it pulled the economy back i worked for president clinton who inherited a recession we worked as an administration the presidents led them to pull the country out of a recession and to then build an economy that became, in both cases, examples of great growth and job creation.

Speaker 6 This administration, through their tariffs and chaos, are driving a healthy, and we just got today, you're asking me, today they showed the report the economy was doing well and had forward momentum.

Speaker 6 Tariffs go up, 401ks go down.

Speaker 6 Consumers have pulled back.

Speaker 6 And

Speaker 6 when the consumers pull back, the economy tips over. Stat straight.
And he said, well, there could be a recession.

Speaker 6 I've never seen anybody be so cavalier with people's own personal economy and that economic security for the working middle class of this country.

Speaker 6 But he said it, I'm using his words, and his Treasury Secretary, he said,

Speaker 6 they basically, well, that could be the consequence. I don't know.

Speaker 6 I work for two administrations tirelessly that worked every day, 24 hours, seven days a week, 365 days a year to get out of a recession and to build the economy.

Speaker 6 You have an administration that shrugs their shoulder and says, well, there could be a little pain here. Well, if you have 11 billionaires in your cabinet, what do they know about pain?

Speaker 6 For a family that can't make it to the 31st of the month on their paycheck and is trying to get it to Walmart or to Target, and they are buying less and less and less, as noted by the Walmart, Walmart CEO, this is real economics.

Speaker 6 And I think one of the things that's missed in the past is

Speaker 6 those who are doing well were actually healthy as consumers. The rest of the consumers in our society were actually living in a recession.
Our job is to help them economically, not hurt them.

Speaker 2 There you have it, folks. MIA, Howard Luttnick, let me know what you think.
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