The key bit in the clip below runs from about two minutes in to the ten-minute mark. I guess, when your campaign theme is “America First,” you’re duty bound to give a speech at some point about shadowy bloodsuckers using their control of the banks and the media to sap America of its national vitality.

Give him credit for using the somewhat more politically correct term “global power structure” in lieu of the more traditional “cabal.” Full transcript here:

For those who control the levers of power in Washington, and for the global special interests, they partner with these people that don’t have your good in mind. Our campaign represents a true existential threat like they haven’t seen before…

The political establishment that is trying to stop us is the same group responsible for our disastrous trade deals, massive illegal immigration and economic and foreign policies that have bled our country dry…

The Clinton machine is at the center of this power structure. We’ve seen this first hand in the WikiLeaks documents, in which Hillary Clinton meets in secret with international banks to plot the destruction of U.S. sovereignty in order to enrich these global financial powers, her special interest friends and her donors…

Let’s be clear on one thing, the corporate media in our country is no longer involved in journalism. They’re a political special interest no different than any lobbyist or other financial entity with a total political agenda, and the agenda is not for you, it’s for themselves…

This election will determine whether we are a free nation or whether we have only the illusion of democracy, but are in fact controlled by a small handful of global special interests rigging the system, and our system is rigged. This is reality, you know it, they know it, I know it, and pretty much the whole world knows it. The establishment and their media enablers [wield] control over this nation through means that are very well known.

That’s an efficient medley of nationalism’s greatest hits, with secret international plots (i.e. Clinton’s Wall Street speeches), government control by usurpers, and parasite imagery. The one unfamiliar note is the culprit — normally it’s not “the Clinton machine” that’s at the center of the cabal. That’s the difference between Trump and his alt-right fan base. But those who know this tune know how the real lyrics go. They’ll appreciate it, and find it significant that he’s willing to play it on a stage this big in the first place. And it is pretty significant. This is bound to appeal to all sorts of grassroots righties who don’t read alt-right propaganda right now but will be more open to it when they finally encounter it now that Trump’s laid the political groundwork for them. I did … not expect that his big pushback to the sexual-assault story last night would be an Internet rant about the New World Order with some stuff about the Clintons swapped in for the usual parts about the “Jewish octopus” or whatever, but oh well.

Whether you like it or not, try at least to appreciate the relative restraint of this, because if Trump crashes and burns next month and nationalists are further radicalized by the bitterness of his defeat, maybe the next leader of the movement will be more of a traditionalist in assigning blame about who stabbed America in the back. Enjoy the new National Front GOP.