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April 20, 2021 - Bannon's War Room
47:59
Episode 887 – Big Media’s Next Propaganda Pivot … Lies About Lock Downs, Covid, and ClimateEpisode 887 – Big Media’s Next Propaganda Pivot … Lies About Lock Downs, Covid, and Climate
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steve bannon
20:52
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raheem kassam
00:45
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Speaker Time Text
unidentified
Well the virus has now killed more than a hundred people in China and new cases have been confirmed around the world.
So you don't want to frighten the American public.
France and South Korea have also got evacuation plans.
But you need to prepare for and assume.
Broadly warning Americans to avoid all non-essential travel to China.
This is going to be a real serious problem.
France, Australia, Canada, the US, Singapore, Cambodia, Vietnam, the list goes on.
Health officials are investigating more than 100 possible cases in the US.
Germany, a man has contracted the virus.
The epidemic is a demon and we cannot let this demon hide.
Japan, where a bus driver contracted the virus.
Coronavirus has killed more than 100 people there and infected more than 4,500.
We have to prepare for the worst, always.
Because if you don't, then the worst happens.
War Room.
Pandemic.
Here's your host, Stephen K. Bannon.
Today, up to 75% of all emerging diseases come from animals.
And as we are cutting down forests and destroying habitats, we are creating the ideal conditions for diseases to spill over from one animal to another, and then to us.
And we can no longer separate the health crisis from the ecological crisis, and we cannot separate the ecological crisis from the climate crisis.
It's all interlinked in many ways.
And during this pandemic, We have seen what we can achieve when we put resources into science.
Vaccines were developed in record time.
But so far, on average, one in four people in high-income countries have received a coronavirus vaccine, compared with just one in over 500 in low- and middle-income countries.
In the international community, governments and vaccine developers must step up their game and address the tragedy that is vaccine inequity.
I think there's just like a COVID fatigue.
So like whenever a new story comes up, they're going to latch onto it.
They've already announced in their office that once the public will be open to it, we're going to start focusing mainly on climate.
What does that look like?
I don't know.
I'm not sure.
be our next like, um, I don't know, like, what's the word?
Um, it's our, it's going to be our focus. Like, uh, like our focus was to get Trump out of office, right? Without saying it, that's what it was. Right. So our next thing is going to be for climate change awareness. What does that look like? I don't know. I'm not sure. I have a feeling it's just going to be like constantly shown videos of like decline and ice and weather warming up and like the effects of having an economy.
Who decides that?
The head of the network.
Who's that?
Is that Zucker?
Zucker, yeah.
I imagine that he's got his council and they've all like discussed like where they think... So that's like the next...
pandemic like story like that will yeah that will will be to death but that one's got longevity you know what i mean it's not like there's a definitive ending to the pandemic or you know like it'll taper off to a point that it's not a problem anymore probably think it's gonna take years so they'll probably be able to
milk that for quite a bit so climate change overload be prepared it's coming Be prepared, it's coming, okay.
steve bannon ▲ ● ▼
There are no conspiracies, but there are also no coincidences.
Our beloved paper of record of our beloved Republic today, the New York Times, 20 April, the year of our Lord 2021, was to have the entire special section on science, which I read every week when they put it out.
Guess what?
On climate, We're going to have the Time Magazine, the guy at Salesforce that bought it.
They're always ahead.
Remember, they did the secret history of the election.
Walk right through how they stole it.
They're up front about it, right?
Time Magazine's got the whole thing about how it's going to climb it.
It's all they're pivoting away from pandemic to climate.
And Greta, right?
The great Greta.
She's the canary in the mineshaft.
She's the tip of the spear, obviously, right?
Got to happen.
The CNN executive right there told you what's going to happen.
They're going to shift from pandemic Do I have to change this to war room climate change?
Can't do that.
Got to stay with pandemic.
Okay, we have, by the way, with 47 and a half million downloads in the podcast, live everywhere, streaming on TV, on satellite, on cable, thanks to the good offices of the folks over Real America's Voice, of course, John Fredericks Radio Network.
I want to thank our new station down in Atlanta, Georgia, Cousin Really raising hell down there.
Love it.
And of course, everywhere.
And to our Chinese audience, the Diaspora, the 250 million Chinese, we're in Mandarin, live.
Also later in the day, blown through the firewall to Lao-Beijing.
Old 100 names, the deplorables of China.
It's their freedom when they throw off the yoke of the transnational criminal organization that is the Chinese Communist Party.
We're going to make some progress.
Now, I'm honored to have in one of my favorite people, John Tamney, from now at FreedomWorks and also the editor for many, many years of RealClearMarkets.
Everybody should start the day with RealClearMarkets, RealClearPolitics.
They've got a great summary of what's going on.
John wrote the book.
Cynthia and I don't agree on anything.
John wrote the book.
You're both wrong.
And, of course, I gave a plug for it.
I agree with John Tannery about a lot, but I strongly disagree with him on much more.
What's not for today's John is one of the smartest, most original thinkers in America.
I dare you to read They're Both Wrong and come to a different conclusion.
Also, I don't want to say, but the publisher told me that's what sold the book.
Also, but he's got a new book out.
Okay, with a forward by George Gilder.
When politicians panic, he's got a lot to say about this pandemic, he's got a lot to say about the finance and everything associated, but I want to start first.
You're seeing the information war where they're going to try to pivot now to climate change and to the Green New Deal.
But talk to us about, because AOC, they won't have a debate next week, but what underpins AOC, this debate that would be AOC and MTG's on the policy side, there's a deeper thing underneath this, I think.
And I think that this is radical idea of modern monetary theory.
That money doesn't behave like it used to, and you can run deficits, right?
We have 30 trillion dollars of national debt, you can run these trillion dollar deficits as far as the eye can see.
What's your current thoughts on, not just the economy, but the financing of this, the balance sheet of the Federal Reserve, what we're doing with these deficits?
John?
unidentified
If money could solve it, it already would have.
If money were the source of prosperity, they would have helicoptered money into Baltimore and Cairo, Illinois long ago.
The problem is money can't solve anything.
Money is a consequence.
That's why there's lots of money in Manhattan.
There's lots of money in Palo Alto.
Very little in the Bronx.
Very little in East Palo Alto.
And so they get it logically backwards.
If you look at people like AOC and Greta Thunberg, I view them as optimism.
And let me explain why.
If I were running the show, there'd be 30 AOCs in Congress, and there'd be Greta's all over the world.
Why?
Because they are a creation of the very prosperity and economic growth and wealth that they despise.
They're just players in the game.
steve bannon ▲ ● ▼
Explain that for a second, the audience is not going to understand.
unidentified
Because if, for instance, if we had, you and I have talked about this before, if we had light taxation, a stable dollar, very light regulation, and you'll disagree with me on this, but open trade, U.S.
prosperity would be gangbusters.
steve bannon ▲ ● ▼
Such a fetish with you, but keep going.
unidentified
It would just be enormous.
And so the kind of wealth created would create the scenario for people like this to demagogue.
I think she, AOC, Elizabeth Warren, Bernie, they are creators of the wealth they disdain.
If I were running the show or you were and I convinced you... Critics, critics, why do you say they're creators?
steve bannon ▲ ● ▼
They're critics of the wealth they disdain.
unidentified
They're created by the wealth they disdain, yes.
Think about them.
Without it, are there any good demagogues in Bangladesh?
No, but there's lots of them in the U.S.
They need wealth in order to have a platform, because they want to live well, too.
They just want to get it a different way.
steve bannon ▲ ● ▼
Talk to us about where do you think right now with, you know, with really a tie in the Senate broken by a vice president and what Rahim, a couple of seats in the House, a pretty radical agenda, particularly on the financing, the $1.9 trillion with the COVID relief bill.
You got another $5.2 trillion when you count in what you should have to count in the transfer payments and Medicare, Medicaid, and Social Security, 5.2 trillion of federal budget this year, on top of 2 trillion dollars at least coming to you on infrastructure, on last year what another 6 trillion dollars spent on COVID relief of the drop in aggregate demand. Where do you think we're headed as far as just the economy from being able to finance this
unidentified
and the dollar? Well, I don't think the dollar is related to this.
I think the $1.9 trillion... Look, that was going to happen either way.
If Donald Trump is president today, there is a spending bill coming no matter what.
Now, do I agree with it?
No!
Command and Control.
Who was asking for a spending bill in February of 2020?
Obviously no one was, because the economy was in fine shape.
Yet a month later, everyone was asking about it.
Why was that?
Lockdowns.
Lockdowns crushed the economy.
And so you impose Command and Control, the economy is wrecked by it, and then they extract $2.9 trillion last year to throw at their mistakes.
So you impose Command and Control and overlay it with more of it.
And so this is just another example of it.
It reminds me of the 1930s, in that the 1930s didn't have to happen.
It was a consequence of federal spending being doubled down on the mistakes they already made.
They wrecked the economy.
steve bannon ▲ ● ▼
You're saying the mistakes led up to the great stock market crash.
You're saying they doubled down on the wrong policies.
unidentified
Yeah, big government caused the crash.
You're not going to like this, but the Smoot-Hawley tariff, once it became apparent, Back to your fetish, back to your original sin.
Keep going.
But the errors, so Hoover doubles spending on his watch, he raises the top tax rate from 25 to 63 percent, all those things, and then they add spending to it, which is just Nancy, in this case Nancy Pelosi and Chuck Schumer, allocating precious resources.
So in this case, they've already wrecked the economy and they're weakening it more with spending.
You don't improve an economy by giving politicians more wealth to redistribute.
steve bannon ▲ ● ▼
After the election, because President Trump was looking at basically a $2 trillion plan also.
Of course, his was $1 trillion for drop in aggregate demand.
A trillion dollars was going to be his infrastructure bill.
What would you have told, what would have been the right thing for the Democrats to do and the Republicans to stand up?
Because you'd hear, one of the reasons, like MTG, she tried to chop block this thing and actually have people Go through the COVID relief bill and see what a radical piece of legislation was.
Probably, and this is why Biden and these guys love it, he compares himself to LBJ, right?
Not to FDR.
It's the most radical piece of legislation in 40 or 50 years, but it comes with one point.
You don't have to go back to appropriations.
You have the 1.9 trillion dollars you can spend.
What would have been John Tammany's advice?
unidentified
Oh, my advice, of course, that they would have never accepted, because politicians exist to spend, would be to say, hey, wait a second, maybe end the lockdowns.
Maybe stop subsidizing the lockdowns.
Think about it.
Could California have locked down as long as it did, absent a $2.9 trillion spending bill?
Could it continue to have businesses hamstrung now, absent $1.9 trillion more?
They said that it was states' rights in response to the virus.
No, it wasn't.
If the federal government stays out of it, there is no way New York can lock down like it does because suddenly people would have been out of jobs but with no possibility of making up for that through checks from the federal government.
And so, yes, stop what makes no sense, what is suffocating the economy.
steve bannon ▲ ● ▼
And let's go back, we've got about a minute here in this, compare like you like DeSantis with no lockdowns or trying to stop the lockdowns versus Newsom and you think that shows, can you point to evidence that shows that the economy of Florida was better?
unidentified
Well, of course I can point to evidence that the economy is better, but even if I couldn't, lockdowns are just incorrect.
I'm for freedom.
But about them, what about the possibility of getting sick?
What about the possibility of being hospitalized?
What about the possibility of dying requires force?
And so the lockdowns never made sense, especially from our side.
We've always talked about how incentives matter.
Well, so if you think you might get sick by being out and being among other people, well, logic dictates you won't do that if you know that it's going to lead to sickness.
And so anything, any force from government never made sense, particularly if they said it was a lethal virus.
If it's lethal, I don't need to be forced to stay home.
steve bannon ▲ ● ▼
Okay, we're going to take a break.
This book is When Politicians Panicked.
It's John Tamney's latest book.
It's by Post Hill, and that would be Adam Bell on the team over there at Post Hill doing fantastic, fantastic work.
We've got a lot of the Post Hill books that are coming in here.
When did you start writing this?
Because it's pretty definitive from your point of view, and Tamney's kind of the libertarian free market capitalist, the reason I love him.
When did you start actually writing this book?
unidentified
I started writing it when it began because I knew that this is where I was headed.
This notion of two weeks to flatten the curve was laughable.
They were taking freedom and they weren't going to give it back.
And so when the horror began, I thought we have got to have a definitive and hopefully many definitive histories out about what actually happened.
This is my contribution.
steve bannon ▲ ● ▼
Okay, we're going to take a short commercial break.
We're going to return with RealClearMarkets' John Tamney.
Actually, now over with Brandon, the great team over at FreedomWorks, and now over there full-time.
Okay, and of course, another great book coming out.
We're going to take a short commercial break.
We'll return in The War Room.
John Tamney.
unidentified
War Room.
Pandemic.
With Stephen K. Banham.
The epidemic is a demon and we cannot let this demon hide.
War Room.
Pandemic.
Here's your host, Stephen K. Bannon.
steve bannon ▲ ● ▼
Okay, welcome back to The Worm.
To get to know John Tamney as a thinker, remember, this show we pride ourselves on signal, not noise.
Tamney's one of the, I think, smartest thinkers about economics and finance, the economy, global economy, out there.
Like I said, we agree on a lot, we disagree on a lot, too.
But this book, start with this book, John Tamney.
They're both wrong.
A Policy Guide for America's Frustrated Independent Thinkers.
I want to get this, we can pull it off of the thing, we'll put it in there.
But a book that's got pull quotes From Steve Forbes, Rick Unger, PJ O'Rourke, and Steve Bannon.
unidentified
Not bad.
steve bannon ▲ ● ▼
But as I warned you, I warned Brother Tamden when he started writing this, because he's going to put pox on both their houses, I said, in the publishing universe today, That's a brave, it's a brave man that does that, to try to say, hey, here's what really is the right way to do things here.
Think about it.
But we live in a partisan world.
But for the, for the, for MAGA nation, it's a lot here you're not going to appreciate for some of the MAGA, but some of the libertarian MAGA's are going to love it.
Before I get into the, When Politicians Panic, your latest book, talk to us about All these, now you've got central banks, the beloved Bank of England announced yesterday they're looking at a cryptocurrency coming from the Bank of England.
The Chinese have announced, they first announced they're going to do a crypto to basically destroy the US dollar and take us off being a prime reserve currency.
Then they came a couple days later and said, we're not doing that, we're just testing this.
You've seen all these offerings now.
You know, Bitcoin, I guess it's off 15% overnight, or 15% the last couple days, but has been on fire recently.
Your ideas of the US dollar, crypto, gold, all of it, not for investment advice, but as you look out there at the horizon, given what we're doing to the balance sheet of the Federal Reserve?
unidentified
Well, my idea of it is that there's $5 trillion a day in currency trading.
If Adam Smith were aware of that, he'd say, what's going on?
Money is just a measure.
That's all it's ever been.
It's just, as he put it, the sole use of money is to circulate consumable goods.
Money on its own is not wealth.
If you bring money to the Amazon forest, it would get you nothing.
Money is how we move things around.
And so it's inevitable, based on the mismanagement of the dollar by the U.S.
Treasury and other global currency
Currency countries that we're going to head toward private money because I would much prefer to earn an Amazon dollar or a JP Morgan or a Target dollar because they will not devalue whereas Treasury throughout my life I've been around basically since since around August 15th 1971 the dollar has been a moving target during that time and so the value of my work is constantly being devalued so I'm just thinking inevitably Private money is going to replace it.
I wouldn't worry about what China's government does with the currency, nor the Bank of England.
They are constrained by the known.
This is going to be outside entrepreneurs.
steve bannon ▲ ● ▼
When you say mismanagement of the dollar, could you be specific?
You're saying the Treasury, and I take it that's over multiple administrations, regardless of whether you've been a Republican or Democrat?
unidentified
Oh yeah, look, the two best presidents for the dollar in modern times were Bill Clinton and Ronald Reagan.
You could throw John F. Kennedy in there too.
Kennedy grew up having it pounded in his head by his father, the importance of a stable currency.
Ronald Reagan ran on The importance of a stable dollar.
steve bannon ▲ ● ▼
And Paul Volcker made sure he got that right?
unidentified
I think Volcker history, proper history will say that Volcker was an enemy of this.
Remember, Volcker was part of the Nixon-Milton Friedman idea of delinking the dollar from gold as just a source of stability.
You know, the idea though is that throughout time, because the dollar was suddenly bouncing around, there's been lots of currency trading to mitigate its instability.
So you have brilliant people.
People like George Soros, Paul Tudor Jones, John Paulson, who instead of curing cancer, instead of coming up with technological advances, are trading the chaos of unstable money.
And so, it's inevitable that some entrepreneur is going to come up with a private form of money that people can trust again, because that's historically what people have wanted and that's what they've been going for ever since.
steve bannon ▲ ● ▼
But if central governments give that up, are you saying technology today makes it inevitable that they're not going to be able to control it?
When you talk about private money, you're going back in time to, what, the 16th century?
Yeah.
Their own private currencies.
This is signal, not noise.
I want to make sure the audience understands this.
When you look out there at crypto and these other things, you're saying that the privatization of the money supply.
Because look at what it is, an M2 straight up in the skyrocket.
If you're saying it's inevitable, we're going to go to private money, and will that bring stability to the dollar or be forced to in a competitive situation?
unidentified
Yeah, it's a competitive situation.
Well of course bring the dollar more stability because you can't the dollar suddenly will not be used in 70% of the world's transactions if it's viewed as less credible than say a JP Morgan dollar and so capitalism always outruns politicians.
And in this case, there is demand.
Again, five trillion worth of trading on a daily basis is an enormous margin for private money to basically take away.
And they will take it away through money that can be trusted once again.
And just as I can go into a shop and say, do you take American Express or Discover?
Oh, do you take Amazon dollars?
Do you take JP Morgan dollars?
The idea Of earning that over money that's been untrustworthy throughout time is pretty grand.
steve bannon ▲ ● ▼
Think about around the world.
The oligarchs in Silicon Valley, because we followed your policies of total deregulation and not doing, you got us in this mess, Tamni.
If you'd listen to me, we'd seize them and make them public utilities.
I'm just saying, just saying.
No, but brother, seriously, when we give these oligarchs, you see how they don't have disregard to free speech?
Once you give Amazon and you give Zuckerberg, when Zuckerberg gets, which I think the payment system has already gotten Central Africa or throughout the third world, that payment system, once they have their own private money, they are essentially nations, they're virtually nation states today.
They become absolute nation states once they're able to privatize money, sir.
unidentified
Well, fair enough, but if you have me back on this show within three to five years, I guarantee you we're going to be talking about other big technology companies, not them.
Let's never forget, in 2006... Whoa, whoa, whoa!
steve bannon ▲ ● ▼
Hang over a second.
What do you mean by that?
unidentified
Because the size of big tech today is the surest sign that it's not going... that the reign of Amazon, Facebook, Google, Apple will not last forever.
Because great wealth attracts investment to knock it off of its perch.
Let's never forget that when the 21st century...
steve bannon ▲ ● ▼
Yes, Mike Lindell's launch of Frank, right?
However hang-fire people out there may think it is, right?
You're saying that that's a guy who's putting a hundred million dollars of his own money to launch his own social media platform.
You'll have a hundred of these come up and one of them will stick.
unidentified
No doubt!
Never forget that the 21st century began.
What were the top internet companies?
AOL and Yahoo.
Remember AOL?
They delayed its merger with Time Warner for years.
This is going to be too powerful.
Mark Zuckerberg was in high school at the time.
And so if you think now that there aren't individuals out there getting ready to knock these guys off their blocks, probably in our lifetime, certainly within mine, Amazon will no longer be the top retail company.
And why is that?
Because it's worth over a trillion dollars.
That attracts a lot of investment from people who want to be the next.
It's not going to look like Amazon.
That's why I didn't understand why people freaked out so much about Parler.
Look, Parler is not what's going to knock Twitter out of the game.
What's going to knock it out is some business that we haven't even thought of, a different way of doing things.
Remember, Blockbuster wanted to merge with Movie Gallery.
Government said no.
And of course, while they're doing that, Netflix is about to come in and wipe them out.
These will be wiped out too, but we just don't know who they are.
Did you?
Years ago, down in Dothan, Alabama, baby!
steve bannon ▲ ● ▼
Back in my banking days.
I want to go back to the major geopolitical event, I think, of the first part of the 21st century was in April or May of 2019, when the Chinese walked away from the Lighthizer deal, which was the seven verticals they were going to sign up for.
But they announced simultaneously that they were going to get their own tech standards, that they were going to have a break, they were going to decouple from the West, so they were going to get their own tech standards.
And aren't we in a world now where because of the mercantilism, isn't the mercantilism of the Chinese Communist Party and what they're now doing in driving these state-owned, essentially, you know, Jack Ma's in prison one day or is given two billion dollar fines, isn't the state control of their technology system and the firewall and the social credit score, doesn't make them, that we're not going to be able to compete, they're going to roll out to us what these global systems are going to be?
unidentified
Since when has state planning led to a better capitalistic wealth creating outcome?
steve bannon ▲ ● ▼
What you're describing... Don't you think right now the United States economy right now because of what happened in the pandemic and the concentration of these major corporations that we've had really no anti...
You know, anti-trust effort, no trust-busting, right, as the populists want to do, and not you free-market libertarians.
Isn't that led to... What we have in the system today is state capitalism, with the state capitalism tied together with dictatorial rule.
unidentified
Well, state capitalism, by its very name, is going to strangle itself.
And let's never forget, the minute government discovers a business, is the surest sign that its reign up top is about to go and to be dissipated.
Let's never forget that they said about GM in the 1960s, unless we restrain it, it's going to own the whole car market.
How'd that work out?
Then IBM was supposed to control all technology.
Except for IBM said there'd never be need for a home computer.
How'd that work out?
And then, oh yeah, Microsoft was supposed to just control all of technology, but Microsoft was late on the internet, said it was no big deal, was late on search, was late on smartphones.
The idea that we have reached the frontier of technology today, such that we need to break up Facebook, Twitter, and Apple, and these different companies, ignores economic history that a size of a business, that its dominance is the surest sign that its dominance is ephemeral.
And it will be for these.
steve bannon ▲ ● ▼
You don't believe Josh Hawley's populism or even where Steve Bannon is making public utilities?
You totally disagree with that?
unidentified
Your question just answered itself.
Of course I don't believe it because I'm wise and I know history, unlike Hawley.
steve bannon ▲ ● ▼
Okay, oh, boom!
Okay, the book is, the first book you gotta get is They're Both Wrong, the box on both their houses by John Tamney, the great John Tamney.
We're gonna take a short commercial break.
When we get back, we're gonna talk about the pandemic, we're gonna talk about this shift of focus now to climate change, we're gonna talk about what the, what the Globalist, the Party of Davos has in store for you next.
The one, the only, the great John Tamney's in the house.
unidentified
We're gonna return in the War Room in just a moment.
War Room Pandemic with Stephen K. Bannon.
The epidemic is a demon and we cannot let this demon hide.
War Room Pandemic.
Here's your host, Stephen K. Bannon.
steve bannon ▲ ● ▼
OK, the new book, and this is going to be kind of groundbreaking, I think also earth shattering when it gets out there, when politicians panicked.
And it's John Tamney's brutal take on the last year and a half.
And he spares no one.
So you got Scott Atlas has given a Ken Fisher.
I mean, it's a who's who of just incredible people that have supported this book, etc.
We're going to get to more and more into it as I get my arms around it.
But I want to go back to President Trump.
He gave his interview last night with with Sean Hannity, talked about economics and his policies, which he's most proud of.
You and I come to the same thing.
Hamney's not a heartless Wall Street capitalist or kind of in his tower as an economist.
He actually thinks of the middle class and the working class, I think as much as I do.
We just come about it from two different ways.
Your whole thing is economic growth and freedom has created the most prosperity in the world.
And certainly that is true until you start to get up against these mercantilist dictatorships Right that you can't just play by the rules that they set this international rules-based order where they game the system But you've been remarkable in this I know that and what impressed me most is when he started this book was from the very beginning So when politicians panic this is now out from Adam Bellows and the great guys over at Post Hill Press is very important
That's why I think the respect this audience has shown, whether it's Naomi Wolf, whether it's Josh Rogin from the Washington Post, John Tamney, you've got a host of people come in and want to present their books.
One, you buy books, but two, I think it's the respect this audience has.
Our audience are people that read and want to get new ideas.
Are what they want to you know get their arms around because we focus on signal not noise So walk us through when politicians panic how you got the idea?
What was the what was the purpose of spending a good part of the last year?
Writing this book and getting out want to make sure this gets in line check when politicians panic get it today person first off Two-thirds of the posse will absolutely love this so this will be the book that you will embrace as your understanding of the of the pandemic So go ahead, sir Well, it's an economics book.
unidentified
People will try to write a history saying that a virus collapsed the global economy.
No, panicky politicians collapsed the global economy.
The virus has been spreading for months.
It was in the news.
Everyone knew about it.
As we both know, markets price these things.
There was no fear.
Then politicians started locking down.
Now, the basic truth of this is, if you go back to the 19th century, if you broke your femur, then you had one in three chances of death.
And if you lived, your only option was amputation.
If you broke your hip, dead.
When you were born in the 19th century, you had as good of a chance of dying as living.
If you got cancer, you were going to die, except for no one got cancer, because that came after tuberculosis and pneumonia that got you first.
And so why do we live so long today?
Well, we do because of economic growth.
Economic growth produced the resources that were matched with doctors and scientists so that what used to kill us with ease no longer could.
We die of old age right now, which is just a remarkable sign of progress.
And so the point of this book is to say, well, so a virus is spreading.
What about economic desperation?
What about destroying jobs, destroying businesses, destroying psyches?
Has anything to do with fighting a virus?
The very notion was cruel, but it was also anti-health, and so the book goes chapter by chapter just talking about what they did, about the economic destruction that had nothing to do with saving lives.
steve bannon ▲ ● ▼
Well, let's go through that for a second, because President Trump... So you do agree, though, the initial steps to stop travel from China, and try to block this... Okay, Tammy, this is...
Give it to me.
Talk about that.
unidentified
Even if you did that, sir, if you want to stop travel from China, you might as well stop it from the rest of the world.
steve bannon ▲ ● ▼
Amen.
We'd want to do it all.
You don't agree with that?
You don't agree with when you have a virus that you try to limit it making entrance into your country?
unidentified
Could you?
Could you actually wall off the U.S.
forever from something?
I think it's unrealistic.
Not forever.
And I would just add that you want people freely moving about, that they produce the information that would tell you how the virus spreads.
Do we really know?
Let's never forget, as I point out in the book, Anthony Fauci in 1983 wrote what he thought was a definitive paper about the spread of AIDS.
He thought that I could just spread it by being next to you.
How wrong he was.
Now that doesn't indict him.
Science is all about doubt.
But you want, when a virus is spreading, you want people living their lives, you want people freely living, precisely because some people will lock down, okay, you need those, but you also need the people who will say, oh no, I'm going to go to every bar, make out with every girl I can, go to every party I can, because you want to find out from them if their actions, which the experts say, no, you shouldn't do, does that lead to sickness, ill health, does it lead to virus spread?
You need free people to produce information in addition to economic growth.
We shut off both.
steve bannon ▲ ● ▼
I woke up when he said that.
I used to live that life.
I am the data, right?
kissing every girl at a bar, Rahim's got access to the conversation.
raheem kassam ▲ ● ▼
I woke up when he said that. I used to live that life. I am the data, right? I've lived that life. Look, I understand what you're trying to say, but at the end of the day you have to recognize that the people's lives, that is life that you're experimenting with in order to get that data.
unidentified
So there's got to be a balance to that.
raheem kassam ▲ ● ▼
It can't just be a total free-for-all in these circumstances, but I want to bring back to the point about Dr Fauci and what you said is that it can't be the indictment against him It's an indictment not because science thinks something, and it may be wrong, it's an indictment because of the surety he goes on national television and demands and insists that everybody listens to his words as gospel and that there can be no other word on a particular scenario and then two weeks later there is a different word.
unidentified
His modus operandi is contra-science.
Oh, totally!
Science is about doubt, and you're right, that he was so certain, given his track record of being incorrect, speaks to something, a really strange mind, and a dangerous one.
You have to, there has to be some sort of reserve about what you're presuming, and so instead he said, we can't risk that, even if I'm wrong, let's not take the risk that I'm wrong, let's just destroy businesses and jobs.
steve bannon ▲ ● ▼
You're missing the point.
This is the mantra they do, science-based, evidence-based, database.
That's what we are from the beginning of the show.
They are scientism.
It's almost like a new religion, right?
It's medieval theology.
That's where they're going now to climate change.
Climate change, Greta told you today.
The book is When Politicians Panic.
We've just got a couple of minutes, about five minutes left in this segment.
I've got to do this.
January 15th of 2020, in the East Wing of the White House, they're signing the skinny trade deal with the Chinese, CCP.
We're broadcasting from New York and we know that they're going to shut down Uber.
They're canceling Chinese New Year for the first time in 10,000 years.
Nobody can travel in China.
So we said this thing's a big deal.
Trump's track record On the economy, and as a leader and policy maker, a guy who approves policy, up until January 15th, his first three years, how would you grade him?
What were the strengths and weaknesses of the Trump economic program up until the 15th when the virus started?
Because I want to bifurcate the two parts of the Trump administration.
unidentified
It's such a good, great question.
It's going to hurt me to admit this because I'm going to have to admit how, in many ways, how right you were.
Imagine if President Rand Paul can claim tax cuts that weren't nearly large enough and they weren't enough for the rich, but he signed them.
And I blame Paul Ryan for not getting better tax cuts.
22 deregulations allowed to lapse or pushed off for every new one.
They got non-violent drug offenders to some degree out of prison.
They exited the Paris Climate Accord that had nothing to do with saving the earth or anything like that.
You go down the list of pro-growth things that came from the Trump administration, And you might say that if Rand Paul had this kind of track record, a lot of libertarians would have been fairly pleased.
Because let me explain, the trade stuff I disagree with, but every president going in our lifetime has gone in the tariff route, including Reagan.
The immigration stuff, I disagree with, but every president has punted on that too.
And so if you look at it, it's a fairly libertarian track record, which probably is much to your chagrin.
steve bannon ▲ ● ▼
One thing I also want to say, and also in Trump's defense, the balance sheet of the Federal Reserve was $880 billion on the day we had the crash in 2008.
At the end of the Obama administration, when Trump took the oath of office, it was 4.5 trillion dollars.
We basically pumped it up to inflate asset classes.
What Trump also doesn't get credit for, with that economic growth and everything he did, was that we shrunk the balance sheet of the Federal Reserve.
In the first 18 months of the administration, I think the balance sheet went from 4.5 trillion to like 3.8 trillion, and to those heads, not quantitative easing, quantitative tightening.
And then you get to January 15th.
So you would give him an A, a plus, a minus.
Overall, considering the trade, the deficits, I mean, the tariffs are more protectionist trade policies.
unidentified
Yeah, that's going to push him down to the B, because I don't see the point of that.
As someone who loves the little guy, I love when the whole world is competing to serve my needs.
And if it's going to be about, well, some of that takes jobs, well, then I want you to throw away your computer and your smartphone that you text on on occasion.
steve bannon ▲ ● ▼
It doesn't work like that.
unidentified
These are the biggest job destroyers in the history of America.
steve bannon ▲ ● ▼
This is the ivory tower once again, but that's okay.
And your immigration just went to, okay.
Damn, as much as I work with you, you can't get there.
So hold it, but overall, even including Peter Navarro's school, Bannon's school of confront mercantilist China, how would you rate it?
unidentified
Yeah, minus the Bannon economic nostalgia, I would rate it as a B, because I think it's again... Hold it, only a B without us?
Oh, you take away the economic nostalgia.
I'm going to rate it an A- because I thought the tax cuts were not big enough.
steve bannon ▲ ● ▼
That nostalgia, by the way, ladies and gentlemen, is for like the 1950s, the golden age of World War II, the golden age of America, when, guess what, a blue-collar foreman in a company could support a family of four or five people with a mother who made a conscious decision to stay home and be a housemaker.
That's the nostalgia.
I'll take nostalgia.
We're going to get there one day.
By the way, taking enough of the Libertarian Party.
Okay, so post, and forget Biden.
I want to take Trump and the task force with Fauci, all of it.
Mnuchin, the whole deal.
When politicians panic, from January 15th forward to the end of his first term, how would you rate him if he's an A-minus or a B-plus because of the economic nationals?
How do you rate his last year, sir?
unidentified
I'm gonna rate Trump a C-minus because Trump did not act like Trump.
You know how they always said, let Reagan be Reagan, let Trump be Trump?
What he should have said is, I get states' rights, but any governor so foolish as to lock his people down as a virus mitigation strategy We'll have me as a regular visitor to a state.
I will make this the campaign issue going into 2020.
You do not fight a virus with economic desperation.
Had he done that he'd still be president and because that would have included vetoing a 2.9 trillion dollar spending bill that elongated the lockdowns.
You will trigger the audience there by avoiding the election fraud issue.
Hopefully they've already clicked on Amazon.
steve bannon ▲ ● ▼
No, no, but hang on.
By the way, you've got to get the book When Politicians Panic.
You've got to get this.
The audience is going to want to read this.
I want to go back for a second.
Do you believe That for President Trump and the people around him, it was the support of states' rights or federalism, or it was just saying, hey, we want these guys to take either the upside or the blame for these decisions.
There's enough fighting in the White House and at the senior levels, enough non-agreement.
They had the Tamneys and others, people on the other side, they couldn't agree, so they said, we'll just devolve this back to the states, let the devil catch the honeymoons.
What do you think?
unidentified
Well yeah, let it go back to the states, but don't subsidize their decisions.
Again, absent a $2.9 trillion spending bill, there's no way that California can lock down to the extent that it did.
No way that New York can.
And so there's a chance for Trump to be Trump and say, there's a reason to be fearful of the virus, let's not fight it with economic desperation.
steve bannon ▲ ● ▼
Did Trump win on November 3rd?
unidentified
The numbers say no.
I'm not an expert on that.
I'll stay out of that.
steve bannon ▲ ● ▼
Fine, okay, good.
unidentified
You're looking at the wrong numbers.
steve bannon ▲ ● ▼
The book sales just went up.
Everybody can now go buy the posse that loves him on his economics.
when politicians panic return a minute with the great john can make in the world For the games you want to play.
unidentified
WAR ROOM Pandemic.
With Stephen K. Banham.
The epidemic is a demon and we cannot let this demon hide.
War Room.
Pandemic.
Here's your host, Stephen K. Bannon.
steve bannon ▲ ● ▼
OK, the great John Tamney has agreed to come back next Tuesday, Tuesday a week.
We're heading back in studio.
I want everybody, the homework assignment is when politicians panicked.
I want you to get it, read it.
We'll discuss it between now and then.
But John's going to be back and we're going to talk about it in depth.
About not just what happened, but also our way forward.
I want to go now to New York, Dov Hinckley, and we had Dov on the show.
We did a special about the rise of anti-Semitism throughout the world, but also the persecution of the Jews of Europe.
I had a special on about a month ago.
And he was one of the major participants with a number of prominent rabbis throughout the world and freedom fighters for the Jewish people.
Dov, something's happened in France about the butchering of this woman Sarah Levy.
You're about to start a vigil today in New York City.
Another hero, another heroic move by you.
The reason I love you, you're a honey badger.
Tell us what happened and why is the French government not prosecuting this and why are you doing a vigil?
unidentified
First of all, Steve, thanks for having me.
It's unbelievable.
In 2017, Sarah Halimi, you used the word, she was butchered.
I can't even describe what was done to this woman in her apartment, as her Muslim 27-year-old, the murderer, was yelling Allah Akbar, slaughtered her, then threw her over the railing from the third floor.
Amazingly, the highest court in France just a couple of days ago said that this anti-Semite, this butcher, this murderer doesn't have to stand trial.
He was on cannabis.
He was smoking marijuana.
So, you can kill a Jew in France, but just remember to smoke marijuana first.
It is beyond comprehension what has happened in France.
It is so outrageous.
steve bannon ▲ ● ▼
Hold on, hold on, Dov.
Dov, hang on for a second.
You're saying they're not going to do anything for this guy?
There's no going forward to adjudicate this?
And the reason they're using that he was smoking marijuana at the time?
That he just totally walks?
There'll be no...
unidentified
Steve, it's amazing, but that is exactly the story.
He cannot be prosecuted.
He didn't do anything wrong, Steve, because he didn't know what he was doing.
He was on cannabis.
That is exactly what the courts have said.
Let me just say that the President of France, Macron, has actually come out and said that the law needs to be changed, that this is anti-Semitism.
The people of France are going to be marching this Sunday in Paris.
This is beyond comprehension.
By the way, 12 Jews have been murdered in France over the past 18 years because they are Jews.
Sarah Halimi was a retired doctor, kindergarten teacher.
She was in her apartment.
This guy came in.
He called her the devil.
By the way, Steve, there was a Torah and a Jewish candelabra in the apartment.
This guy admitted to a psychiatrist afterwards that when he saw that Menorah and that Jewish Bible, that got him even more upset.
And he was even more violent towards her.
I mean, it just, you know, everybody needs to imagine this is their mother, their sister, their grandmother.
This guy, marijuana?
I mean, is this insane?
Is this believable?
That this is happening in France?
steve bannon ▲ ● ▼
So, Dov, tell me, what are you doing?
That happened in France, and I know you're a fire breather.
What are you doing in New York today, and what are you going to do?
What action are you taking?
unidentified
Well, you know, I believe you've got to do something.
You can't sit back and just clench and say, you've got to do something.
So we're going to be out here with memorial candles.
We're going to be demanding justice from the French government, and more needs to be done.
Being silent is never the solution.
It's beyond comprehension what happened here, that this guy is not going to be charged with any crime.
Marijuana!
That's what we're talking about.
steve bannon ▲ ● ▼
I mean, you know, they're legalizing... But you want more... Let me get this right, just to make sure the audience... You want more than just change... Macron wants to change the law.
You want not just change the law, but you want some sort of prosecution of this individual to get justice for the deceased, correct?
unidentified
Absolutely.
Steve, this guy could end up walking the streets in a couple of years if something isn't done.
And he will continue to be our marijuana, and that will be a license for him to commit murder.
Simple.
Jews in France are in danger because of this.
steve bannon ▲ ● ▼
Yeah.
Yeah.
Rahim Kassam is a great chronicler of this.
unidentified
I mean, I wrote about all of this in the book in 2017, what was going on in these Arab-dominated neighborhoods and the things that they were teaching their children, and now this?
steve bannon ▲ ● ▼
So, Dov, can we get your social media?
People are going to follow you today during your vigil.
Can you give us, how can people stay up with what you're doing today?
unidentified
AmericansAA.org and, you know, support what we're doing.
We're always out there.
We're not afraid to call out the anti-Semites.
By the way, especially in the Democratic Party, as you know, I'm a Democrat, but, you know, it's not about labels.
There's got to be one standard for hate, one standard for anti-Semitism.
The hypocrisy has got to stop, for God's sake.
steve bannon ▲ ● ▼
Duff, thank you very much.
Let's get him in the live chat.
We'll make sure this afternoon.
We'll check in with you at the 5 o'clock show, Duff.
Great work.
unidentified
Steve, God bless you.
steve bannon ▲ ● ▼
Thank you, brother.
Your book was amazing.
The No-Go Zones, what was it called?
unidentified
Yeah, No-Go Zones.
steve bannon ▲ ● ▼
No-Go Zones.
It's Raheem's book.
It's a fabulous book.
Still relevant today.
And this is why they look the other way in Europe.
It's outrageous.
Real quick, we've got about a minute.
Tamney, how do people get more access to you every day?
How do they follow you, FreedomWorks, the whole thing?
unidentified
Well, at John Tamney is the Twitter, the books.
steve bannon ▲ ● ▼
Oh, you haven't been banned yet?
Of course you haven't.
You're balanced.
unidentified
I defend big tech.
Don't you know that?
steve bannon ▲ ● ▼
Exactly.
They're not oligarchs.
They should have.
Here's Tammy's solution.
Here's Tammy's solution.
Let's give them their own currency.
Let's privatize.
Let's have Facebook dollars.
Lindale calls it Zuckabucks or whatever.
unidentified
Better than the Federal Reserve notes I've been earning.
steve bannon ▲ ● ▼
When politicians panic, buy the homework assignment, get the book.
There's some Posthill Press, a group of conservatives over there, Adam Bello and the team.
Get the book next Tuesday.
You're going to be back.
How about FreedomWorks?
Do you go to the site there?
unidentified
Yes, you can find me there.
FreedomWorks does so much good work, obviously.
Fabulous.
steve bannon ▲ ● ▼
I love those guys.
Adam Brand is there.
Also, RealClearMarkets.
Start your day with that.
It's a great compendium, all from the brain of... curated, curated from the brain of John Tamney.
Okay, back at 5 o'clock podcast today.
unidentified
Speaking of my loathing of the free market, the latest podcast on the European Super League plans, the JP Morgan debt finance deal to ruin football.
steve bannon ▲ ● ▼
No, Tammy's going to... Get Tammy in the podcast.
This is crushing working class people in Britain that gave us Brexit, fought the Nazis in World War II, now they're being destroyed by American billionaires.
See you back here at five.
unidentified
We will fight till they're all gone!
We rejoice when there's no more!
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