President Donald Trump has set “the world on fire,” according to a former Republican strategist who worked for President George W. Bush — and it’s entirely becausePresident Donald Trump has set “the world on fire,” according to a former Republican strategist who worked for President George W. Bush — and it’s entirely because

Ex-Republican strategist puts blame for 'the world on fire' squarely in the hands of GOP

2026/03/05 05:01
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

President Donald Trump has set “the world on fire,” according to a former Republican strategist who worked for President George W. Bush — and it’s entirely because of Trump voters.

In a Wednesday Substack essay titled “Why the world is on fire,” political consultant Steve Schmidt argued that America is sending the planet toward World War III but is not “branding” it or using a “marketing campaign.”

“There has been no debate, no plan, and no thought given by Donald, his stooges and politicized generals about the second-and third-order effects of their decisions,” Schmidt said. “This is escalating.”

With 15 nations involved in combat, and Russia still at war with Ukraine, Schmidt concluded that we now “have war, chaos, economic crisis, corruption and insanity served up non-stop, extolling the wrong against the right, while abusing American citizens with violence, including murder.”

As he summed it up earlier in the editorial, “We had peace, and we chose Trump.”

Last month, Schmidt and former CNN anchor Jim Acosta blasted the Supreme Court for even allowing Trump to run for president and gain as much power as he has upon taking office.

“Seems to me a part of this is … that the Supreme Court, under John Roberts, released this Frankenstein, and now they don’t know how to rein him in. They’ve tried to cut him off at the pass [on some things] but John Roberts is responsible for this mess,” Acosta said.

“The Roberts court has destabilized our American society through partisan rulings,” Schmidt replied. “We have a corrupt Supreme Court with [Judge Samuel] Alito’s misconduct, Clarence Thomas’s misconduct, flying around with all these billionaire extremist doners from here to there and everywhere.”

He added, “The court has lost its reputation for a reason, and now we have Trump’s visage looming down at the American people from the Department of Justice, which is a corrupt institution that can’t be trusted, filled with corrupt prosecutor who abuse their oath, abuse the Constitution, and abuse the American people in the name of power.”

Also last month, Schmidt pointed out in a Substack post that the world’s billionaires like Jeff Bezos, Mark Zuckerberg, Elon Musk and Tim Cook have decided to bend the figurative knee to Trump, but that doesn’t mean the rest of humanity must join them.

“We recognize that the world's richest people of the most powerful corporations, the big media companies, the big tech companies, the big banks have made a decision for the privilege of resting their head on a Mar-a-Lago pillow,” Schmidt said in his Substack post. “They are satisfied to live on their knees, but we are not.”

In September, Schmidt’s disgust with Trump made headlines when he threatened to rent a billboard attacking Disney CEO Bob Iger for capitulating to Trump’s demand that talk show host Jimmy Kimmel be suspended for criticizing the Trump movement.

"We will put billboards up in L.A. with Bob Iger's picture, a yellow stripe under it and the word 'COWARD,'" Schmidt said. "It's a billboard town and everyone can reflect on it as they drive by ... the cowardice is appalling."

  • george conway
  • noam chomsky
  • civil war
  • Kayleigh mcenany
  • Melania trump
  • drudge report
  • paul krugman
  • Lindsey graham
  • Lincoln project
  • al franken bill maher
  • People of praise
  • Ivanka trump
  • eric trump
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

PANews reported on September 18th, according to the Securities Times, that at 2:00 AM Beijing time on September 18th, the Federal Reserve announced a 25 basis point interest rate cut, lowering the federal funds rate from 4.25%-4.50% to 4.00%-4.25%, in line with market expectations. The Fed's interest rate announcement triggered a sharp market reaction, with the three major US stock indices rising briefly before quickly plunging. The US dollar index plummeted, briefly hitting a new low since 2025, before rebounding sharply, turning a decline into an upward trend. The sharp market volatility was closely tied to the subsequent monetary policy press conference held by Federal Reserve Chairman Powell. He stated that the 50 basis point rate cut lacked broad support and that there was no need for a swift adjustment. Today's move could be viewed as a risk-management cut, suggesting the Fed will not enter a sustained cycle of rate cuts. Powell reiterated the Fed's unwavering commitment to maintaining its independence. Market participants are currently unaware of the risks to the Fed's independence. The latest published interest rate dot plot shows that the median expectation of Fed officials is to cut interest rates twice more this year (by 25 basis points each), one more than predicted in June this year. At the same time, Fed officials expect that after three rate cuts this year, there will be another 25 basis point cut in 2026 and 2027.
Share
PANews2025/09/18 06:54
SEC Approves Generic Listing Standards for Crypto ETFs

SEC Approves Generic Listing Standards for Crypto ETFs

In a bombshell filing, the SEC is prepared to allow generic listing standards for crypto ETFs. This would permit ETF listings without a specific case-by-case approval process. The filing’s language rests on cryptoassets that are commodities, not securities. However, the Commission is reclassifying many such assets, theoretically enabling an XRP ETF alongside many other new products. Why Generic Listing Standards Matter The SEC has been tacitly approving new crypto ETFs like XRP and DOGE-based products, but there hasn’t been an unambiguously clear signal of greater acceptance. Huge waves of altcoin ETF filings keep reaching the Commission, but there hasn’t been a corresponding show of confidence. Until today, that is, as the SEC just took a sweeping measure to approve generic listing standards for crypto ETFs: “[Several leading exchanges] filed with the SEC proposed rule changes to adopt generic listing standards for Commodity-Based Trust Shares. Each of the foregoing proposed rule changes… were subject to notice and comment. This order approves the Proposals on an accelerated basis,” the SEC’s filing claimed. The proposals came from the Nasdaq, CBOE, and NYSE Arca, which all the ETF issuers have been using to funnel their proposals. In other words, this decision on generic listing standards could genuinely transform crypto ETF approvals. A New Era for Crypto ETFs Specifically, these new standards would allow issuers to tailor-make compliant crypto ETF proposals. If these filings meet all the Commission’s criteria, the underlying ETFs could trade on the market without direct SEC approval. This would remove a huge bottleneck in the coveted ETF creation process. “By approving these generic listing standards, we are ensuring that our capital markets remain the best place in the world to engage in the cutting-edge innovation of digital assets. This approval helps to maximize investor choice and foster innovation by streamlining the listing process,” SEC Chair Paul Atkins claimed in a press release. The SEC has already been working on a streamlined approval process for crypto ETFs, but these generic listing standards could accomplish the task. This rule change would rely on considering tokens as commodities instead of securities, but federal regulators have been reclassifying assets like XRP. If these standards work as advertised, ETFs based on XRP, Solana, and many other cryptos could be coming very soon. This quiet announcement may have huge implications.
Share
Coinstats2025/09/18 06:14
South Korea Halts Trading as Global Markets Plunge

South Korea Halts Trading as Global Markets Plunge

The post South Korea Halts Trading as Global Markets Plunge appeared on BitcoinEthereumNews.com. The Korean Stock Exchange was forced to halt trading after the
Share
BitcoinEthereumNews2026/03/05 07:04