Here’s Why MAGA Just Got Wrecked in Tuesday’s Elections

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the elephants got their ass kicked. I’m not the only one that’s saying he got Vivek Ramaswamy as well coming out. But it is funny to watch, watch, watch the folks over at Fox News fall all over themselves trying to come up with excuses. What’s her name there? The morning gal Duffy. Yeah, husband is transportation secretary. People just don’t understand.

They don’t understand, he just hasn’t been in office that long and his budget’s not in place yet.

Sure thing. Sure thing. There was a skit by Chris Rock. Stand up bit and this was back. He was talking about OJ Simpson and he goes off on this tangent talking about well his wife, well OJ Simpson’s wife and screwing around with the guy who was living at their house and he’s driving around his Ferrari and it was a comedy bit. Okay.

Don’t get offended. He said, I’m not saying he should have killed her, but I understand it. Well, if you don’t understand, if you don’t understand why Mamdami won in New York and why Democrats clean Republicans clocks, well then, you know, quite frankly, you know, you can continue to drink, drink your, your MAGA Kool-Aid. Okay.

You can continue to believe in the nonsense when they parade these fools out telling you that everything is great in this country. Everything’s awesome. The economy is fantastic and people are just happy and thrilled. Anyway, but let’s let’s break it down, shall we? Okay. Lots stories out there. Democrats start their comeback. A warning for the GOP from New Jersey, Virginia.

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on affordability and Trump’s unpopularity. That’s another thing too. You take a look at the poll numbers as far as Trump’s popularity is concerned, it’s not good. It’s not good. And we’ll get into that as well. Democrats dent Trump’s coalition with three big election bigotries. Mamadami is a gift which Trump should unwrap carefully. Uh-huh, uh-huh.

Again, Mamdani is doing the same thing that Trump did back in 2016, that Trump did really well back in 2016. And also Bernie Sanders did really well back in 2016. He spoke to the concerns of voters, talking about living standards, their basic aspirations.

about getting a good job, a decent job, being able to afford a vacation, maybe a decent home to live in. The reality is, is that’s a fantasy.

for much of the country.

Do you think anybody for the most people give a damn about stopping wars between Armenia, Azerbaijan, he said it was Albania, he made a mistake one time. Do you think voters care about that when

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They see the grocery prices to the roof. can barely make the rent payments. Do think they give a shit about that? Do you? I mean, you could get up there and you can pat yourself on the back all you want. James Carvel once said, and this is back when he was Bill Clinton’s campaign manager, it’s the economy, stupid.

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And let’s, let’s be honest here. Okay. I told each and every one of you out there that listen to this program. This was going to happen. I told you this was going to happen. We had, you know, it went downhill as soon as we hit liberation day. There was a.

an excitement here in this country, consumer confidence was up. People were excited. They were thrilled. And then he pulls off this ridiculous Liberation Day, this tariff nonsense that quite frankly, nobody still knows what’s up. Nobody. Nobody knows up, down, sideways, backwards, forwards. And let’s be honest when it comes to tariffs as well.

Big businesses are handling it. They’re absorbing some of the costs. They’re passing some of the costs on to their customers. Why? Because they can. You know who can’t? Small businesses. Small businesses are getting crushed by this. This is just another form of regulatory capture. I explain this to everyone here on the program.

Talk about the rules and regulations in the financial service industry on Wall Street and how it helps the big banks. It actually allows for too big to be too big to fail to be the law of the land because nobody can compete with those guys. Regulatory costs are too high and a myriad of other things. What do you think that small businesses can keep up with these tariffs and the on again off again not knowing what’s me tell you something. Yeah, again.

I’ve got small business clients all over the country, interact with small business all the time. I have an other radio show entitled Work Time and Effort. Same name of my book, where I interview entrepreneurs and small business owners. I work with one of the best accounting firms in the country, in my opinion, for individuals and small businesses, providing services to my clients. What, you don’t think?

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I know what’s going on with small businesses and how they feel about these tariffs and Trump’s policies. They’re getting crushed. They are getting crushed.

Anyway, anyway, we’ll get back into that here in a bit.

Ma’am Dami. Ma’am Dami, my daughter calling me up today asking all sorts of questions about what’s happening with Ma’am Dami and know, New York and what’s gonna happen with New York. First and foremost, okay, he promised a lot of things. Promised a lot of things. Many of which he cannot do a declare and decree and make them happen. I’m gonna go through

his proposals with you right now and what he can do. He can. Well, certain things, enforcement of housing codes depends on the mayor’s authority over city agencies, allowing directives to ramp up inspections, hold landlords accountable for repairs and deploy emergency repair programs. He can do that. He can accelerate city fleet electrification and mandating solar installations. That comes underneath his power to manage municipal operations. Enforcing sanctuary protections relies on the mayor’s ability to issue executive orders and reallocate resources, enabling restrictions on ICE access, ending discretionary cooperation, expanding legal aid, and tightening data privacy. Now,

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outside of his power. Freezing rent for stabilized tenants depends on the independent rent guidelines board where the mayor’s influence is indirect and limited through appointments. Eliminating bus fares citywide requires MTA and state approval as fare policy and funding are outside mayoral control. Challenging Con Edison’s proposed utility rate increases falls under the state public service commission. Mayor cannot

set or block rates unilaterally, raising corporate or millionaire taxes, revising property tax structures and implementing universal child care all require Albany’s approval. Implementing city-owned grocery stores would need city council legislation for program creation and budget support. Raising New York City’s wage, Florida, $30 an hour is governed by state law, leaving the mayor with only advocacy power.

Okay, again, he cannot declare and decree. can’t, well, let’s just put it this way. He can’t make like President Trump and do an executive order and make these things happen. He can’t. However, the politics that are involved. Kathy Holkle is looking to run again for governor in 2026. Now, Kathy Holkle,

is facing a challenge from her lieutenant governor, Antonio Delgado, who is to the left of her. Now, if Hoco decides to go left, she might then be able to defeat Delgado. There’s also Elsie Stelfenick that is a representative. She’s going to be running. But again, I don’t think she’s got a shot. I do want to remind everybody that the top 1 % of taxpayers

contribute about 40 % of the city’s tax revenue.

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Again, I don’t know how he would raise money for many of these things. could send the various different inspectors out and hit up restaurants and hit up various different businesses, all sorts of code regulations. I don’t know. He’s gonna need a lot of help from Albany to get much of this done.

one of the lines he said in his speech, we will prove that there is no problem too large for government to solve and no concern too small for it to care about. That’s the type of stuff that scares the, scares the crap out of me. Really does. All right, let’s, let’s go through some of the numbers and why this was completely obvious to me. I watch stuff, watch results last night. No, I went to bed. I was exhausted.

Why don’t I sit up and watch these things? I know the end of the movie. I’ve known the end of the movie since Liberation Day. It’s the Maga types out there, again, you know who you are, that keep believing Trump’s bullshit. They keep believing that the economy is great and all everything’s going and everybody’s just thrilled with Trump. look at Trump dancing out there in Malaysia with the people. They love him there. That’s great. Okay. But do you think

You think that people care back here in the United States? No, they don’t. Once again, it’s the economy, stupid. And then you get all these other little side things out there. It’s not exactly the greatest look in the world, Your bedazzled White House there. It’s like, don’t know, you have some sort of

seance with Liberace and have him decide you’re going to put gold everywhere and now you got to build this massive ballroom there and you’re touting that you’re talking about that you think people who are struggling right now to make rent do you think they give a damn about any of that crap i know the folks on the five like talking about it and the controversy that surrounds it they’re talking to their base

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the people that watch their show. The mind numb robot, hey, look what they’re saying on the books. The same type of people that, look what they’re saying on the view. Look what they’re saying on MSNBC. Wake the hell up people for crying out loud. Use your brain.

every single poll that’s out there. It’s fake news, fake polls. No, they’re not. No, they’re not. Eventually yesterday, you had some of the MAGA influencers, the Benny Johnsons out there actually saying, yeah, economy’s not doing too well. Voters prioritize the economy above immigration and crime.

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Every single thing I’m looking at. get Scott Vesentis talking of, hey, it’s a golden age of the economy. Jobs are booming. Jobs are booming, Scott? Yeah, IBM just laid off 3,000, Meta 600, AMAT 1,400, Charter 1,200, Kroger 1,000, Comcast 400, UPS 48,000, Rivian 600, Paycom 500, Oracle 450, Amazon 30.

UPS 47,000, Salesforce 4,000, Microsoft 7,000, Intel 24,000. Shall I go on?

Shall I go on? And we actually got, yeah, we actually got today, we actually got today the ADP report. Private payrolls, private, private payrolls rose 42,000 in October, more than expected, more than expected. And again, it was down last month. Yeah, only big companies. Only mid-size, small businesses in this country lay off Scalore.

That’s exactly what we told you was going to happen. Here’s an interesting poll as well. Again, they actually showed this on Fox this morning. I was shocked. They actually showed this poll on Fox, but they said, no, it’s not Trump’s fault, it’s Biden’s fault. People are saying that 71 % are saying they’re paying more for groceries now, the same 21 %

Less 7%. Utilities people, 59 % are saying they’re paying more now. Healthcare people, 43 % are paying more now. Housing, 39 % are saying they’re paying more now. Gas, 37 % are saying they’re paying more now. More facts, 75 % of young people, this is ages 18 to 39, saying skyrocketing housing costs is a major, major.

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issue. As a matter of fact, the age of first time U.S. homebuyers is 40!

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40. The age of first time, first time home buyers is 40 years old.

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I get him to the manufacturing numbers here in the country or some of the other internals as well. Trucking, shipping, freight wave CEO, we should be worried. Certain portions of the goods economy are collapsing right now. Year over year, trucking volumes is down 17%. When you look at the industrial sectors, we’re down 30 % year over year, which is great financial crisis levels of concern.

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You thought the elephants were gonna do well with these numbers?

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the border and he shut down the border. People are happy about that but you know I’m gonna be honest with you you have to walk and chew gum at the same time. You do you have to walk and chew gum at the same time. every single hundred ten percent of the economy is going to be the most important issue. Okay you lost the youth vote big league.

58 % of college grads within the last year don’t have a job. And you gaslight people and you send your people like Scott Besson out on television programs saying, is a great era, it’s a fantastic economy. Now all you gotta wait, you gotta wait until January and then all of sudden, is gonna be awesome again.

Everything is going to be great.

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What? How? big beautiful bill. What are you talking about? Big beautiful bill. All of the write-offs, all that stuff has been grandfathered in, okay? That’s already taken effect, man. What, no tax on tips is gonna be a big boom to the economy? Is that what you’re telling us?

No tax on tips you that that’s that’s what that’s gonna be the big thing there. No tax on overtime That’s gonna make the economy boom Tax rates aren’t changing They’re staying exactly where they are

But what is going to happen? What magical thing is going to happen in January?

I don’t

I don’t have a clue.

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Again, I know, like usual, I guarantee I’ll get some, I don’t even know, I’ve even listened, you’re embarrassing Trump again. I’m telling you what the reality is, okay? I don’t know what it is with some of you people when you just don’t like hearing the truth. You run from it, you sprint from it.

but he’s better than Biden. yeah, no shit Sherlock. And I’m sure he’d be better than Kamala. But it doesn’t matter. Does it?

It doesn’t matter.

Unless you get these things done. Unless you bring costs down. Oh, his buying fall price is way up, I can’t do it overnight. Let’s say he could do it overnight.

But what? Putting taxes, more taxes on people, tariffs on people, that’s gonna bring their costs down? and the other thing too, every single time talking about how rich, how much money he’s bringing in. Wow, look at all this tariff revenue that we’re bringing into the government. Dude, we keep going further and further and further into debt. How is that helping anybody? we made these great investments in…

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Intel and this company and that company and how does that how is it helping anybody? How’s that helping a college kid that is not able to find a job or a recent college grad who’s taking a look at his rent payments like I can’t even get ahead here. We’ve talked about this all year, financial nihilism. I told you that this was going to come home to roost. You think it’s bad now? Wait until midterms.

Wait until the midterms because that’s what they’re going to run on.

That’s what they’re going to run on. Affordability. Hey, we’ve laid out a myriad of different things here on the program that you could do to bring housing costs down. We’ve got Ron DeSantis in the state of Florida pushing ideas about eliminating property taxes for owner-occupied homes. There’s a lot of things that could be done. You’re just not doing them.

You’re just not doing it.

And like I said, you don’t think that resonate with problem demo. Why is Trump, he’s traveling here, there and everywhere and he’s meeting this leader here and he’s not back here and there’s a shutdown going on. you are, you’re pitching yourself, put yourself in the shoes for crying out loud, MAGA. Put yourself in the shoes of an air traffic controller. Air traffic controller might’ve gone out, saved up money, just took out a mortgage on a home last year.

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Now it’s got a couple of kids, now all of sudden it’s not getting paid?

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not getting paid for the work that they’re doing? You think that that air traffic tool gives a damn about Trump dancing around on a tarmac with people from Malaysia? Think they give a damn about the gilded ballroom that’s going in there at the White House?

Dude, we’re $38 trillion in debt. Yeah, but the donors pay for the damn thing. That’s the point.

That’s the point. You should have told your donors to donate the money to pay down the national debt for crying out loud. So you need a stupid ballroom. We need it, gotta have it there, gotta make sure when we have that. Give me a break. know, austerity is a good thing, especially when you’re $38 trillion in the hole.

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high on a prize, man. Focus on what’s most important, and that’s the American people. And the American people across the board, and every damn poll out there are ticked. Outside of, again, got a certain class, and nothing wrong with that. Many of my clients, wealthy. Assets have done well. AI, stock market’s done well. But that’s not the same.

That’s not the same. Everyone has to be pulled along and they’re not and they haven’t been for some time. And this is why these people won. They address that. They’ve talked about that. You talked about that when you were on the campaign trail about Biden and inflation and the cost of living. You haven’t done anything. Okay. And stop with the big, beautiful bill crap. All right. You extended your tax cuts. That’s fantastic. Okay.

A lot more to do.

Stop traveling all over the damn globe, okay? And get the work done here. Now, it reminded me, I think I mentioned that here on the program. The moment, I you the moment, I knew that ma’am Donnie was gonna win. Moment I knew he was gonna win. This was several months ago. They did a mayoral.

mayoral debate in New York City with Democrats and what country are you going to visit first? Each and every single person up there talked about, I’m going to Jerusalem, I’m going to Israel, I’m going to Jerusalem, that’s the first place I’m going to visit. What did Mamdami say? said, I’m not going anywhere. I got work to do here in New York. I said, that’s it, he won.

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Don’t frickin’ doubt me. Watchdog on wallstreet.com.