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May 11, 2021 - Bannon's War Room
48:07
Episode 937 – The Rule of Law vs. The Rule of Men … How the Populist Movement Can WinEpisode 937 – The Rule of Law vs. The Rule of Men … How the Populist Movement Can Win
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steve bannon
17:55
s
steve cortes
12:25
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anthony fauci
00:07
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unidentified
Well the virus has now killed more than a hundred people in China and new cases have been confirmed around the world.
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.
That 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 a hundred 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.
anthony fauci
We have to prepare for the worst, always, because if you don't and the worst happens, War Room.
unidentified
Pandemic.
Here's your host, Stephen K. Bannon.
No one is going to win a Republican primary, competitive Republican primary, I think for any seat, who will assert that 2020 was a legal election.
Right.
And just think about that.
So what does that mean?
That means we don't live in a democracy.
So certainly in 2024, no one is going to get nominated for president who will assert that we live in a democracy.
I don't think it'll happen in 2028.
So what does that mean that one of the two major parties of the world's only superpower doesn't believe we live in a democracy?
Nothing good.
This party hasn't moved on.
This party is enthralled in a cult of personality to Donald Trump, who remains the leader.
See how long Donald Trump stays silent about even the most loyal of the loyalists when he thinks they're going to primary him.
See how long that lasts, because he will come out of his lair like an angry dragon, and he will go at them.
We view the entire Republican Party as part of an undemocratic, autocratic movement, an extremist movement, and we want to break it.
And so we'll strike at the places where the coalition comes together between the vestigial conservatives like McConnell, who thought they could ride the tiger, and the MAGA movement.
And at those weak hinges, we'll strike.
steve bannon
Welcome to the Life in the Nation's Capitol.
You're in the War Room.
It is Tuesday, the 11th of May, the year of our Lord 2021.
Now, Significantly over 50 million downloads on the podcast.
Remember, the podcast is only the fifth way of distribution.
We're live on John Frederick's radio network throughout the world.
I want to thank our new station down in Atlanta, AM 1690, WMLB.
Also want to thank Real America's Voice, the streaming service of the Trump movement.
We're up on the dish on the satellite, Dish Channel 219.
We're also on Comcast, Comcast Channel 113.
We're in Roku, Pluto, and of course, live-streamed in Mandarin by G-News, G-TV, and now also in Japanese for our Japanese audience, and we're going to have more languages over the next couple of weeks as the show's global audience starts to expand.
Remember, Lao Bajing, the deplorables of China, we blow through the firewall later in the day.
For those individuals, the mass of Chinese people yearning to be free.
Okay, we've got a lot to go through today.
We're going to have an incredible lineup.
We've got Claudia Tenney, we've got Steve Cortez, we've got the notorious MTG, we've got Rahim Ghassan, we're talking about Burns and the CIA, we've got geopolitics, capital markets, finance, Wuhan, and you've got to get back to the railhead, 3 November, we've got it all today.
But the first is what CNN The headline this morning on CNN on the main page was a historical moment, an inflection point for the GOP and the Republican Party.
And you just saw right there our friends and colleagues over at the Lincoln Project talking about the anti-democratic, totalitarian, authoritarian, fascist party that is the Republican Party.
And they kind of lay out the battle plan.
They're coming at the hinges, right?
Look, you may not like those guys, you may detest them, you may think they're clueless, but they're smart, smart political operatives.
So they've always got a take, and we try to highlight everything that's going on.
Also, live in Atlanta, we're going to be going to the Black Americans for a Better Future.
Raynard Jackson and the team down there of black entrepreneurs are having a live press conference.
We're going to try to pick up some of that during this hour.
We're going to have interviews.
They are countering Stacey Abrams, and Stacey Abrams saying, hey, these new laws in Georgia These black entrepreneurs, and we had Mr. Marvell Rodney from Marvell Rodney's Jamaican Soul Food Restaurant, who said yesterday, hey, Major League Baseball leaving here is crushing black entrepreneurs around the baseball stadium, and they're down today in a live press conference.
You'll be very excited.
Our great friend and colleague Raynard Jackson is down there with an entire team of African-American entrepreneurs.
We're going to pick it up live.
We'll have it hopefully in the box.
A lot from New Hampshire, a lot from Michigan, a lot from Arizona, but I want to go first to Claudia Tenney.
Claudia is hardcore MAGA.
She won in 16 your congressional race in a very tough district.
You lost in 18, and then you came firing back in 20.
Are you the only one of 16 and 18 lost and came back in 20 and won the same district?
unidentified
Dave Valadao of California also.
steve bannon
California, you too.
Only two.
Amazing.
Walk through what the Lincoln Project just said.
You've known these guys and know the political operatives out there.
The first thing I want to ask, the narrative they're hammering is cult of personality.
Is this about a cult of personality?
unidentified
Actually, they're obsessed with a cult of personality because They just keep focusing on Trump's personality.
And I'm going to tell you straight up, there are people in my district who don't like Trump's personality, but they love the policy and they voted for him.
So that kills their cult of personality.
steve bannon
They love Trumpism.
unidentified
They love the principles.
They love the freedom.
They like America First, they like standing up for our Constitution, they like the fiscal conservatism, they like the practicalness, and they love the fact that Trump is the guy who's actually standing up for America and American jobs.
I come from a district, it's interesting, the first shovel in the ground for the Erie Canal, which started the Industrial Revolution, was in my district.
We've lost almost everything.
IBM was founded in my district, almost gone.
Great companies.
Actually, one that's still there is Revere Copper.
And Revere Copper, founded by none other than Paul Revere, is there but they're struggling because of the price of copper and steel and what they're trying to do.
So Trump was actually a breath of fresh air.
A lot of people, business people, don't care about the personality so much.
They care about the policy and just get out of our way, let us run our business, let us do what we have to do.
So I look at the Lincoln Project, the comments you showed, they're obsessed with cult of personality.
Look, Trump has a personality that a lot of people don't necessarily like.
We all, once in a while, cringe.
Oh, don't say that.
When I cringe, I'm like, you know, you shouldn't say that because politically it's not a great thing to say and you got to defend yourself and now you're going to have, you know, the locusts coming after you on everything, the meeting, the media.
But, you know, I think that we did great under Trump policies.
For the first time, we had a breath of fresh air.
And I'm a small business owner.
My business is celebrating its 75th year this year in upstate New York.
We have had terrible years.
Last year was our worst.
We lost something like 40% in sales because of the lockdowns from Andrew Cuomo.
A lot of this stuff was tough on us, but thank God, thank God we had the Tax Cuts and Jobs Act, which helps small businesses like ours.
I mean, what Joe Biden and the Democrats are proposing right now would kill our business and so many others.
94% of the people who work in my district work in a small business.
They don't work for a big company.
All the corporatism that you see coming from Albany and New York is number one by four times of all the states in the country on corporatism, meaning corporate welfare, the amount of corporate welfare that they lure and give to lack of a better word, bribe big companies to come to our region.
They're the largest and yet we have the largest out migration of people and business. We were once the empire state.
So if you want to see a perfect, you know, they say that you know the states are the incubators of what happens, I'll tell you exactly what not to do.
Don't do what Andrew Cuomo and the Democrats have done in New York, because it's hurt us.
It's hurt small business.
And that looks like what Joe Biden is doing in his policies.
And it's a bad example.
Let's do what Florida's doing, where most of my constituents are moving and smiling.
Hey, we're in Florida.
We don't have income tax.
We're doing great.
So we want them to come back, but not under Andrew Cuomo's reign.
steve bannon
I want to go back to Axios.
When we put up the Axios, and you'll give me a heads up when the press conference producer Cameron will give me a heads up, and you don't have to text me, you can actually talk.
I want to go to something that Axios had the other day.
Axios had the lead story.
It was Mike Allen and Jim Vanderhay, two of the smartest political minds in town.
Right?
Guys are super left-wing, but very smart guys.
Run Axios.
The guys that kind of started Politico, then went and started Axios.
They had a very important piece.
And if Denver can get it up in a second.
It said that what's happening over these next couple days, the noise is Cheney's removed and the cult of personality.
The signal is that you're seeing the beginning of institutionalizing Trumpism on jobs, on trade, on immigration.
These are major fundamental policy shifts and the Republican Party is now, regardless of Trump as a personality, he's clearly a dynamic personality that's the leader of all this, but that there's something deeper going on.
I want to get to this with you now.
You represent the area of the Erie Canal.
How did those jobs and why did those jobs leave?
Why did you go from an industrial center and the driver of the first industrial revolution in this country?
Why did you go to something that people are now working for entrepreneurs with all the big industries left?
What caused that?
unidentified
We have really high taxes, we have high regulations, we have overly powerful labor unions in some ways, the public employee unions particularly, and the cost of our huge unfunded pension liabilities.
I was a state assembly member, so I've seen these budgets, you know, I saw six years of budgets when I was a New York State Assemblywoman.
Those are, I mean, just driving us out with regulations, taxes, oppressive.
We're the least free state, by the way.
We have that distinction.
You know, you can feel government oppression when you're in New York.
And it's too bad because we have so many great people there.
But honestly, I mean, I look at this when they say, oh, it's Trumpism, whatever.
Look, Trump did fiscal conservatism.
He reached out for common sense things like The Made in America initiative.
That was my signature initiative in 2010 when I first ran for assembly.
I was talking about Made in America.
Remington Arms was founded in my district.
We're struggling to keep it going.
Andrew Cuomo has a war on people who are gun rights, which has made it difficult for even Remington to survive.
Between Remington and Revere, they're two of our oldest companies in the nation.
steve bannon
Have we done enough on Made in America?
Were we tough enough in the first administration and in this midterm election in 2022 and then when we take the White House back with Trump in 2024?
Isn't Made America got to be a centerpiece of this?
I mean Biden can go to Scranton and do this phony populism, this phony nationalism.
He has this phony Made in America.
Have we done enough and do we need to do more?
This is my point about the difference in classical Republican country club-ism And Trumpism is, Made in America is the centerpiece of that, right?
You know, we're protectionists.
We don't believe in the Austrian School of Economics.
We think it's a mercantilist world.
And we've got, you're going to have to, those jobs are not going to magically return to near the Erie Canal.
By policy, you have to kind of almost force it back.
So on Made in America, what would you recommend?
unidentified
Well, that initiative we worked on quite a bit, and it was interesting that one of the things that Biden's trying to do is raise the corporate tax, but it's going to be higher than what the Chinese Communist Party imposes, and so we have this huge corporate tax rate.
Most of the businesses in my region are pass-throughs.
So that means it goes through the personal income tax and we're going to be taxed on that even higher with capital gains and with a corporate tax rate.
But, you know, Trump was the first president in my lifetime, and I remember I was so excited to vote for Ronald Reagan, my first presidential race in 1980, which just tells you how old I am.
I was a college student.
Everyone hated Reagan, by the way, back then.
steve bannon
And then today, on MSNBC, you think he's a hero, but they hated him.
Three million people showed up in Central Park, I think, remember, on the anti-nuclear thing.
They hated him.
Almost as bad as Trump.
Not quite.
Trump triggers them at a different level.
unidentified
Yeah, I learned a lot.
But anyway, we've got to continue to be tough on China and what's happening over in China.
The Communist Party has a plan.
The Belt and Road Initiative is serious.
And they're for real.
They're authoritarian.
They get to do what they want.
I just feel like, uh, Biden administration, I think you've said this many times on your show.
I mean, is there anyone more compromised in the political sphere than Joe Biden right now, our president?
I mean, it's, it's, it's embarrassing.
Just the compromise, you know, you guys point it out every day, but we've got to continue to fight that battle and to bring those jobs back.
And we cannot, I mean, under the Andrew Cuomo's reign right now, he's preoccupied with so many other issues and, you know, with his covering up the nursing home scandal and that type of thing.
But, you know, I'll tell you something really interesting that was said to me.
I, I support We have unions in our community that are trade unions and a lot of those people love Trump and support Trump because we need those people to work.
We can't just bring in high tech jobs.
That's sort of the fallacy.
You know, I'm going to say this is going to probably get me in trouble, but I know you like to hear stuff like that.
But anyway, when I was first running for assembly, there was a woman who was in workforce development, and we were trying to lure in these nanotech jobs and all these high-tech jobs, and she said, those are great, but we also need regular jobs for regular people.
Now, she said that, not me.
steve bannon
That's huge.
unidentified
And there are all kinds of people that can work and need to work.
I'm not going to do a nano job.
I'm a regular person that needs a regular job.
steve bannon
Everybody's not going to code.
I tell people, coding is like learning Sanskrit.
I can't do that.
You need real jobs for real folks.
Short commercial break.
We're returning with Congressman Claudia Tenney.
We're going to get into this historic event that's going to take place tomorrow about Liz Cheney.
We return in The War Room.
unidentified
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.
The vote to remove Liz Cheney is going to happen on Wednesday in Congress.
A. Do you think that happens?
And B. Do you think that Elise Stefanik is the right person for the job heading into the midterm elections in 2022?
From what I'm hearing, I think it's going to happen that Liz Cheney is going to be removed.
She got a second chance.
Remember, the members put her in even after she's trying to claim that this somehow has something to do with President Trump and the events and impeachment and the events of January 6th.
However, after that, the conference put her in and gave her a vote of confidence and said, OK, Liz, here's your chance to prove yourself.
And she has gotten her second chance.
She's in a leading role and she's divisive and dividing the conference.
She's not standing for our values.
She's not messaging, which is her job to do.
I think Elise Stefanik would be excellent.
I've known her for many years.
She does a great job.
She's smart.
She's great at messaging.
She's able to raise money, which is important on the political side.
But on the official side, Elise stands, you know, she isn't just some, you know, dogmatic person.
She's someone who's very practical.
She works really hard, and I'm really excited to endorse her.
I came out very early.
I actually have urged her to do this, and I'm looking forward to maybe Elise being the speaker someday.
You know, our first woman speaker would be very excited.
Absolutely.
Well, Congresswoman, thank you so much.
We appreciate it.
We covered a lot of ground there in a short amount of time.
Congresswoman Claudia Tenney, good to see you.
Come back and see us soon.
steve bannon
Kaboom!
On Newsmax.
By the way, we're going to have Steve Cortez in, but it's Newsmax.
Kaboom!
Making a little news there.
You're a troublemaker.
Me?
unidentified
Just the truth, always.
steve bannon
You've been MAGA.
I remember, Steve King, you guys had the Opportunity Society, which was kind of another version of the Freedom Caucus, right?
And I addressed you guys a number of years ago and talked about Trumpism and populism and nationalism and all that.
Why do you think, number one, why does Cheney have to go?
And, which is a huge move, CNN saying it's one of the most historic days in modern American politics.
Everybody, all mainstream media, Lincoln Project, all of them saying, hey, Claudia Tenney and these people are all part of a cult of personality.
There may be a difference between MTG and Claudia Tenney, but at the end of the day, they're all part of the cult of personality of Trump, and they won't let anything stand in their way.
If you're an apostate, you gotta go.
So, tell us, is that true or not, and why then Elise Stefanik?
unidentified
I go back to the same issue.
This is not about Trump.
This is about bringing our conference together.
You call it Trumpism.
We have a big tent.
We can have Never Trumpers in our conference.
We can have them there because we can find common ground.
Liz Cheney has Trump Derangement Syndrome of the worst form.
I don't know how we're going to cure her, but right now she should not be leading our conference because she is just divisive and distracted by this.
Elise is going to, she's brilliant for one, she's a leader, she's strong.
Elise will take us to another level.
She's very, and again I said it on Newsweek, she's very practical.
She's not some dogmatic conservative.
She represents her district.
She does it in an amazing way.
We have similar districts.
Our districts have the very same values in many ways.
And so I think she's going to be a great choice.
She messages.
She's brilliant.
She's thoughtful.
She's hardworking.
She's not going to be divisive.
She's going to consider everything.
Before she makes a move, and she's not going to be obsessed with derangement, whether it's Trump or something else.
And that's what, you know, just like the Lincoln Project, they are trapped in a cult of personality.
Again, you don't have to love Trump to be able to support the policies.
steve bannon
So let me go, since the power of this show is that it's the deplorables in MAGA, as you know, so I know heads are blown up because they hear certain things.
The single biggest thing, and it's one of the reasons they love Gates and love MTG and love people like this, is that not just that they are aligned in policy, but they're fighters.
They're not going to back down.
Right?
And what I like about Elise is that in Billy Bush weekend, she was there for us.
And people forget that that was the darkest moment of the entire 16 campaign.
On many dark moments, that was the darkest.
She was also, she stepped up to the mic and totally changed the dynamic in the first impeachment trial.
Not that they had the ability to find him guilty in trial, but she changed that with her fearlessness.
And she has come out like nobody's business and back and started, iterated that we got to get to the bottom of November 3rd.
And that's why they really hate her on TV now because they're saying you're anti-democratic. You guys are authoritarian, etc.
When people we see this in the taking over the PTA boards about critical race theory and about the mask and now this precinct committee men people showing up precinct committees and want to be engaged from the bottom up.
One of their fears when they hear practical and not dogmatic, they think, oh my gosh, here we're going to go again.
We're going to get another set of Kevin McCarthy's.
You're going to get another set of people that now this kind of all this happy talk about Liberty and freedom and everything like that, but when it comes down to crunch time.
You're not going to be there to really stand tall and push forward these policies, because we're literally in a political and ideological war right now.
We're in an information-economic war with the Chinese Communist Party, right?
But here in the United States, this is all out, and it's cutthroat.
Hey, but that's, as they say in the Godfather, that's the business you've chosen, right?
So how do people, since you know her, how do people sort of say about, hey, when you say dogmatic and not dogmatic, I take it that you're going to be flexible, too flexible a policy, or that, you know, you can find middle ground.
That normally means you're going to, you're not going to be a fighter.
Is she a fighter?
And why do you say she's a fighter?
unidentified
Yes, she's a fighter.
Now remember something, Elise stood up for me in the trenches.
She came to all my district events.
She stood up for me.
She stood up for the president.
She was fantastic.
She raised a ton of money for me and it was all like small dollar donations, $20.
When she stood up on impeachment, She stood for the Constitution and the rule of law, and that's what's so important.
That's the difference between Republicans and Democrats.
We stand for the rule of law, they stand for the rule of men, which is very fungible.
It's whatever you, it's, you know, the moral relevancy or moral convenience, and that's what they stand for.
Lisa's not going to be that way.
She recruited all these Republican women into office from all the spectrums.
Some of them are a little more moderate, some are more conservative, but we all come together with Republican values, and that is the critical issue with Elise, she is willing to make sure that we have a big tent, that we have a lot of room to compromise, and we bring people into the mix.
steve bannon
When you talk about the never-Trumpers, let's make sure the audience, I'm sure, is in full meltdown.
But the never-Trumpers, I think they're consistent. Not only do they hate Trump, if you look at most of them, they also hate the core of Trump's policies, whether it's immigration, whether it is being part of the fourth industrial revolution because we're going to get those jobs back.
Even if you've got to talk about, and I think you've seen with Josh Hawley's new book, and by the way, everybody, we've helped make that a number one, a top bestseller, The Tyranny of Big Tech, but these corporations, after you give them all the deregulation, this is not entrepreneurs, not about the pass-through.
But when you give the big globalist corporations the tax cuts, you give them the deregulation, they still turn on you, right?
And now they've turned on you in a vicious way.
So the never-Trumpers, when you look at it, yes, they hate Trump personally, but they also do have an ideological... Most of them also are opposed to the policies of Trump.
So how do you deal with the never-Trumpers?
And I understand you're a pleasant person, but how do you deal with the never-Trumpers?
unidentified
I think there's a mental illness there.
They just hate Trump.
I mean, it doesn't have anything to do with common sense.
I've seen people and there's almost no cure for this.
I mean, when you talk to them, you can't... I mean, I've heard about friends of mine who are, you know, like friends of the Freedom Congress, people talking to certain never-Trumpers who just, you can't even bring up his name.
And that just shows me they're obsessed with cult of personality.
We're obsessed with winning and making sure that we save this country because we I'm 60 years old.
I have never seen it this bad.
We are on the brink.
What do you mean this bad?
steve bannon
When you say the brink, your hair is never on fire.
unidentified
When you say the brink, what do you mean?
I see the lack of freedom.
I see the tyranny of big tech.
The tyranny of the education system.
I have 11 colleges in my district.
These kids come out thinking communism is okay.
It's authoritarianism is okay.
Fauci-ism is okay.
All this stuff is, you know, the willingness to just succumb to the government and not be free thinkers.
And that really concerns me.
And the lack of understanding of what this country stands for.
We are the beacon of freedom.
We are about freedom and individual rights.
That's what our founders envisioned.
And one thing that you said to me, because I want to bring this up because I want to talk.
One of the things, you came to meet with us and you alluded to it.
You said when you were running Trump's campaign, your mission was to remember that the most important thing was that citizenship has value.
And that is so broad.
Yes, citizenship does have value.
New immigrants are so grateful for this country and their citizenship.
A lot of new immigrants were with me.
My grandparents came to this country as new immigrants.
They came here for a job and for freedom and opportunity.
Many of our immigrants that are coming now feel the same way, and I think that you latched onto that.
But, you know, no one wants people that cheat and undermine the law.
It's just like one of the things I'm doing is the Election Integrity Caucus.
You know, guess what?
I think the right to vote is sacred in a self-governing constitutional republic.
If we don't have our citizens voting, We have nothing.
And then the Democrats' mission is just to dilute that, and they also always say, oh, Republicans are trying to suppress the vote.
Absolutely the opposite.
We want every legal citizen to vote so that they express themselves.
Every vote, every legal vote counts.
Every legal vote, every citizen to vote.
steve bannon
What you're seeing here, and we'll get into this another time, the black entrepreneurs, and we're going to cut into this, and Steve Cortez is going to join us next, and Steve we're going to cut into that, the black entrepreneurs are down there today protesting these Trump, protesting Major League Baseball taking the game out of Atlanta because of this new voting rights bill that they support.
They say this is not oppressive.
The fight is going to be not just a big government, the fight is going to be with these big globalist corporations.
One of the things about Republican orthodoxy, it's going to be tough to kind of change that, but people are going to have to understand.
And Josh Hawley, like I said, Elise Stefanik and Josh Hawley are on a journey.
Right?
These both came from fairly orthodox Republican mindset.
Both those people are much more populist and economic nationalists today.
And that is what I say Trumpism.
That is going to be the realignment to understand we're a workers-based party.
Your blue-collar, the people, the blue-collar workers in your district and the entrepreneurs, that's the Republican Party of the future.
Not the globalist corporations, not the big Wall Street firm.
And quite frankly, not the big donors.
When you say a lease is a fundraising machine, an average of $25 donations, that says it all, right?
It's the little guy.
How can people get access to you?
In the next two days, you go through this historic vote.
unidentified
It's Claudia for Congress dot com, Claudia Tenney dot com.
And I just want to talk, someday I want to come back and talk to you about the election and the distortions that are being made.
People say that it's the big lie.
I lived it for 101 days after the election before I finally got sworn in.
My judge, in my case, a Democrat who was elected, actually didn't stop at the procedural barriers.
He went all the way.
We were registering and counting votes in January and February of 2021 for November.
Imagine if we had gone past the procedural gates in the presidential race.
And I'll leave you with that.
Let's talk about election integrity next time.
steve bannon
Claudia Tenney, a real warrior.
Okay, short commercial break.
Another one.
Cortez.
We got them all lined up today.
Murders Row continues.
Steve Cortez in the house next.
unidentified
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.
Lies that are spit in the face of every descendant of slaves who have overcome the economic burdens placed on us by being behind the eight ball.
Every man in this country, every woman, must embrace the Constitution and its right to give us a freedom that we choose, a manifest destiny that we write for ourselves.
But folks like Stacey Abrams and others like her, corporations like Coca-Cola and Delta, I'm ashamed to say, fall in line behind a rhetoric that keeps us in economic chains.
And today we say enough is enough.
I remember what it was like to get the free Braves baseball ticket as a fifth grader and go down to Fulton County Stadium and watch from the nosebleed seats.
I remember what it was like when I got that first hot dog.
And I remember what happened when I stood in front of Hank Aaron's statue and took a selfie.
Those are memories that have been snatched from children this year.
And as a teacher, My heart breaks when I think about that.
My heart breaks when I think about my grandfather, who religiously listened to the Braves on radio, and my mother-in-law, who watched every game.
They would turn over in their graves right now if face-to-face with Stacey Abrams, knowing that she is robbing children of that opportunity to enjoy not only the economic benefit that would come from their family, but the memories of childhood that every American deserves.
steve bannon
Okay, that is, we're going to get more of that.
We're going to do a special and cut this up, we're going to get more, we're going to get people.
That is Black Americans for a Better Future.
The great Raynard Jackson and a team of teachers, black entrepreneurs, Trump supporters at a live press conference in Atlanta, Georgia to combat Stacey Abrams.
This is what victory is going to be about, right here.
And when you see all the stuff in mainstream media about Trump and the cult of personality and all that, it's all noise.
That's signal.
What's happening in Atlanta right now is signal.
What's happening with getting Cheney out but Trumpism.
And look, I love Claudia Tenney, and she's a fighter.
I do disagree with her on certain things.
Remember, we're the dead-enders as far as populism and economic nationalism go.
I don't know if there's room for never-Trumpers, not because they don't like President Trump, but when you see a never-Trumper that hates Trump, you get into the policies, they also hate Trump's policies.
So I've got to bring in, we're going to get back to that press conference, it's going to go now for another hour.
I want to bring in the great Steve Cortez.
And the audience has been missing you, I mean it's like, but look at you, I look like hell, right?
And you look like a million bucks.
Where have you been for the last two months?
steve cortes
If you're not smart, you've got to look good, Steve, okay?
That's what I'm rolling with.
The tan will help.
steve bannon
Stop.
Okay, tonight, historic day, tonight at 9 p.m.
Another War Room alumni goes to the bigs.
unidentified
Yes.
steve bannon
He goes for a cup of coffee.
Okay.
Steve Cortez and Jen Pellegrino.
steve cortes
Correct.
steve bannon
The Cortez-Pellegrino Show at 9 p.m.
Premieres tonight on Newsmax.
It'll be every night, five nights a week.
You get all the brain analysis of Steve Cortez.
And Pellegrino is just over from One America.
That's a major get.
Chris Ruddy and the team are really making some very, very smart hires.
It's Cortez and Pellegrino.
It's 9 p.m.
Eastern Time.
You get the whiteboard, you get the Chalk Talks, you get your commentary.
Pellegrino's got a great sense for news.
steve cortes
And we're taking Chalk Talks high-tech, by the way.
So yes, Chalk Talk every night, including tonight.
The Chalk Talks, they went viral during the campaign and afterward.
People seem to love them, so we're going to continue and accelerate them.
It's certainly a big day for me, Steve, a big day for Jen Pellegrino, but I hope way more importantly it's a big day for the movement.
Because this program, I hope, is going to be an accelerant for the movement.
And what I mean by that is the America First Movement, we are young.
I like to try to tell people that because I know it's easy to get down right now because things are dire.
And they are, okay?
I'm not being Pollyanna.
In many ways, the United States, I think in the worst ways, is right now reliving the 1970s.
So things are dire.
But it's also important for us to look at the plan forward.
And the plan forward into 2022-2024 is that the America First populist nationalist movement is extremely young.
And the movement does not have enough platforms right now.
It has your platform, which is fantastic and incredibly effective, but we need more platforms.
And when we look at a lot of establishment conservative media, they either don't get the movement or they don't want to propel the movement forward.
We're going to be the opposite on Cortez and Pellegrino.
We want people, for example, like that wonderful woman in Atlanta who was just speaking unbridled, unvarnished populism, right?
Wonderful.
steve bannon
Calling out Coca-Cola and Delta, right?
Not just the Atlanta Braves in Major League Baseball, she's going to the heart of Georgia.
Coca-Cola and Delta, you're in the same camp with the Atlanta Braves in Major League Baseball.
steve cortes
Exactly.
No, these big companies, I mean, look, we are fighting against an emerging oligarchy.
I don't think it's an exaggeration, Steve, to say that there is an oligarchy that is gaining more and more control over America.
What I mean by that specifically, I think there are three silos that really matter most.
Big business, corporate media, and then the permanent political class.
But they all work in concert with each other.
The populist movement can win against the oligarchy.
We can reassert The principles of the American Republic, but it's going to take a lot of effort.
It's going to take a lot of people like that wonderful woman.
It's going to take a show like mine, obviously a show like this one right here.
We can do this.
We can elect an America First Congress in 2022.
And that's in terms of near-term goals.
You know, I have long-term goals for the show in terms of concrete near-term goals.
Very, very focused on 2022.
We need to make sure that we select in primary in terms of candidate recruitment and in the primary primaries, the right kind of Republican nominees, number one, and then get them elected in the general election so that there's not just a Republican majority, but Steve, an America first Republican majority.
We're not going to repeat the mistakes of a Paul Ryan as speaker.
We're not going to go back to the days of the Republican establishment, no matter how much the donor class and big companies, okay, like UPS in Georgia and Delta Airlines and Coca-Cola might want us to.
By the way, to put some data on that situation on the ground in Georgia, Atlanta Journal-Constitution did a poll just a few days ago.
60% of Georgia voters do not want big companies involved in politics.
So a supermajority says, stay out of this.
Also, among Republican voters, a majority of Republican, and that's all voters, 60%, among Republican voters in the state of Georgia, a majority now have a negative view of Coca-Cola.
Negative view of Coca-Cola In Georgia.
Steve, that would have been impossible just a few years ago.
So the tide is starting to turn against these companies, the kinds of things that they are doing on my show.
I think tonight, if not tonight, soon we're going to be talking about Disney, what they're doing, which is just unconscionable, making their employees go through critical race theory, making their white employees literally sit through a demeaning exercise of indoctrination.
We could go on and on.
And these big companies are as much the enemy of populism, of the Constitution, of American rights, as are the Democratic politicians.
And again, of course, they're working in concert.
They're working hand-in-glove, the Democratic power structure, with these corporate CEOs.
steve bannon
You're starting on, the timing of this couldn't be, couldn't be, couldn't be better.
I guess the practices, you know, you had to have enough practices to get it done.
steve cortes
Right, I've never been on TV.
steve bannon
Never been on TV.
steve cortes
By the way, this is going to be my fourth cable network, so I've now been with all four.
I'm one of the few people out there who's been a broadcaster.
I was with NBCUniversal, then I was with Fox News, then CNN, and now Newsmax, which is the fourth largest cable.
By the way, also an important point though, you don't need cable to watch Newsmax.
This is one of the reasons I'm excited, one of the many reasons I'm excited.
steve bannon
Talk about people how to get to it.
steve cortes
Yes, so listen, if you want to watch FOX or CNN, you have to have a cable subscription.
If you want to pull it up on your tablet, you've got to sign in through your cable.
We are on, Newsmax is on, all those cable platforms.
We're on Xfinity, if you have it, channel 115, excuse me, 1115.
But we are also ubiquitous, like this show is.
You can watch it on any device, anywhere.
Newsmax.com, download the app.
In an era of disintermediation, I think this is an important advantage.
steve bannon
No, this is the reason Real America's Voice got the traction.
And quite frankly, it's the reason that Chris Ruddy's got some traction.
These guys at Newsmax are doing a great job.
I want to, although I'm not a big fan of the Dominion situation, but that's a topic for another day.
steve cortes
You know, Steve, if I can, on that, in my view, listen, believe me, on my show, I am absolutely going to talk about the problems with November's election, with the November 3rd presidential vote.
Now, I've never been a machine guy anyway.
I don't think we have to go there.
In my view, there are two main issues there.
The one is the abuse of mail-in-vote, massive mail-in-vote practices for the first time, rushed through illegally in many places, like the state of Georgia.
Drop boxes were never authorized, for example.
We could get deeply into it, but my point is, Let's talk about the sort of simple problems.
I don't have to get into the complex ones.
And then the second area are the constitutional problems.
steve bannon
But you believe strongly like we do, and you've got to get to the bottom of Wuhan lab, and you've got to get to the bottom of November 3rd.
Until you do that, it's going to be impossible to have unity or go forward as a country on a policy.
I want to get back to the show.
You're starting in a historic night the evil this of this vote they they're making this vote up to be a vote of uh... a call to personality and anti-democratic forces give me the signal that the show's gonna talk about and not the noise right now listen in some ways this vote really isn't even about list cheney now uh... has lynch list cheney become annoying and problematic as an Yes.
steve cortes
But it's more what Liz Cheney represents.
Liz Cheney represents a corporatist interventionist establishment GOP.
In her case, it's literally in her blood, right?
Because this is part of the Bush and Cheney family business, which has been government, big government, including intervention all over the world that has been disastrous for the United States, cost us immensely in blood and treasure.
And let me give you a specific, let me get real specific on policy here.
She wants to stay in Afghanistan right now.
So does Lindsey Graham, by the way.
So there are legacy Republican establishment officeholders who are still very powerful right now on Capitol Hill.
Our America First movement is the opposite.
We want a foreign policy of realism and restraint.
Donald Trump showed how well that worked, by the way.
Because America wasn't nation-building all over the world.
We weren't fighting census wars and sending our best to die for foreign countries.
But guess what?
The Middle East was at peace.
I mean, go figure.
The Abraham Accords were achieved.
And in contrast, look at the Middle East right now.
When we have handed the keys, unfortunately, to foreign policy back to the American establishment.
That's another way in which, unfortunately, right now in 2021, in many ways, and I'm going to talk about this tonight on the show, we're going back to the 1970s.
And I don't mean in the good ways.
I don't mean disco and awesome satin shirts.
I mean in the worst ways, an absolute spike in inflation.
America on its heels all over the world.
In this case, it's China doing the pressing against the United States instead of the USSR in the 1970s.
But a very analogous situation.
Massive spike in crime.
Our streets are not safe.
The likes of which we haven't seen since the 1970s.
Also, and this is Crucial, I think, racial strife all over this country, the likes of which we hadn't seen since probably the 1960s and 1970s.
And that racial strife is being largely fomented and incited by Joe Biden, by somebody who says our country is systemically racist, who says there's a stain on our soul, a complete lie that he is pushing for only his purposes of political power.
So in the worst ways, We are being taken back to the 1970s.
Now, we can't just curse the darkness, we have to light a candle.
And that candle is working for the America First movement to become broader, more and more working class people, Hispanics, people who were never involved in politics before, and for us to become an accelerated movement into 2022 where we demand that America First candidates take over the House and Senate, not the Liz Cheney's and Paul Ryan's and Lindsey Graham's of the world.
steve bannon
People have to remember that we got out of the 1970s with the populism and nationalism of Ronald Reagan.
unidentified
Right.
steve bannon
Ronald Reagan stepping up and saying, hey, this is an evil empire.
It has to be.
How about this?
We win, they lose.
unidentified
Right.
steve bannon
Right.
Talked about growth, talked about American jobs, all of it.
Real quickly, we'll keep you over the break.
After the break, I want to talk about how you and Navarro have been 1000% right.
Steve Cortez, before he took his holiday, would be on the show every day warning about what was called the Bond Revolt.
Yes.
And now we are entering uncharted territory.
You and I talked about a chart yesterday for the first time on May 8th.
It's victory in Europe Day, the 76th anniversary, but it's also the first time in history of capital markets that cryptocurrency Cryptocurrency now has more cryptocurrency out there than U.S.
dollars, 2.5 trillion dollars in circulation, more cryptocurrency as people flee from the U.S.
dollar because of the Biden plan.
We're going to have Steve Cortez.
We're going to talk about what he sees in capital markets and finance, how it's going to impact your life and more about his show.
Cortez and Pellegrino premieres tonight, 9 p.m.
Eastern Time on Newsmax.
It's going to be explosive.
As Steve Cortez always is.
It's going to be a fantastic show.
We want everybody to watch.
Okay, short commercial break.
We're going to return with the great Steve Cortez about his new show and also about the economic policies of Joe Biden and the road to perdition.
not to the future, but back to the 1970s.
unidentified
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
Okay, Cortez and Pellegrino tonight premiere on Newsmax TV at 9pm.
The great Steve Cortez will be out there every night getting America first, getting the MAGA movement, getting economic nationalism.
He's one of the most brilliant guys around.
Also, by the way, I think producer Cameron and the team in Denver, I believe That Mike Lindell spoke for three hours.
No, I'm just kidding.
But I got a chance to watch that live streaming last night from the Corn Palace in Mitchell, South Dakota.
Remember, support Mike Lindell, the entire team at MyPillow and of course the War Room.
Go to MyPillow.com right now.
Promo code WarRoom.
Get your spring shopping in.
Giza sheets.
Two for one.
Slippers 40% off.
Sales everywhere.
So let's go there right now.
Let's get back to Cortez.
Cortez, you've said for months, you've been citing this bond market revolt that's going to have massive inflation.
The chickens are coming home to roost.
That Friday deal on employment, the thing about unemployment benefits, yeah, that's a big deal, but there's a deeper structural issues.
Walk through why you have been right, what you've been warning the country about, and the Biden administration, and what's the trajectory here?
steve cortes
Well, it's not good news.
That jobs report shows us that right now I think what we're facing is the worst of all worlds.
And what I mean by that is a massive inflation spike where the costs of your goods that you need for your life are absolutely soaring.
And let me put some data on that.
Soybeans today Hit $16 a bushel in futures markets in Chicago, something they haven't seen since 2012.
Gasoline futures since Joe Biden's election.
Gasoline futures are up 72%.
Corn futures up 73%.
Lumber prices have more than tripled.
That's just since the election of Joe Biden.
Now, it is not because demand has soared to anywhere near that degree.
It is because global capital markets are very smartly realizing That Joe Biden is borrowing an absolutely unprecedented amount of money without a growth plan.
And this is the key because the U.S.
has been borrowing too much money, Steve, for a long time.
OK, for a very long time, basically this whole century for 20 years.
However, bond markets were willing to lend money at very low interest rates to the United States under Donald Trump because they believed in the Trump business plan.
They believed in management.
Think of the bond markets as the bank and the United States as the business.
Well, we got new management in the business and the bond markets all of a sudden said, as the bank, Wait a second, you want $6 trillion in additional spending over the already bloated $5 trillion?
steve bannon
$5.2 trillion, remember that.
steve cortes
So you want to effectively take the entire Washington, D.C.
Leviathan and then replicate it again?
Okay, we need higher interest rates.
So what do interest rates do?
10-year Treasury yield.
unidentified
A lot of folks out there, I'll be quick on this, I know a lot of folks out there... No, no, don't pay attention to Powell, that's short-term rates.
steve bannon
The real rate is set by the bond market, right?
Yeah, correct.
steve cortes
And that's 10-year treasuries, which are the benchmark rate for the entire world.
They have more than doubled since the election.
steve bannon
Your credit card, your mortgage, remember, is coming.
Real quickly, your analogy of the 70s, you and Navarro warned about this.
Stagflation.
No growth plan.
The worst of all worlds.
The 1970s.
Culturally, we're back there.
Geopolitically, we're back there.
And you and Navarro called it stagflation.
No growth.
Because the business plan, they say, oh, it's going to be 20% growth.
It's all phony growth.
It's not real productive growth.
Take it.
steve cortes
No, exactly.
And why?
Because small business, which is the real driver of economic growth, particularly job growth, small business has been completely hampered by the lockdowns.
Now, by the way, thank God for places like Florida and Tennessee and Texas.
They are pulling the weight for the country right now because of their sensible governors.
But most of the country Economically speaking, has been locked down.
The most important places like New York, Chicago, the entire West Coast.
And so small business has been completely stymied by these unscientific and ridiculous lockdowns.
And on top of that, we now have a Joe Biden who is going to further punish small business.
For example, the business tax.
I don't even like when people call it the corporate tax, Steve, because big corporations never pay that tax anyway.
That is not paid by Exxon Mobil or Google.
They don't pay the corporate rate.
Who does?
Mom and pop operations, medium-sized businesses.
Joe Biden is going to absolutely stick it to these, he already is, but even more so to these small business operations.
The worst of all worlds where the input costs soar but regular people's incomes don't and small businesses don't see it.
Let me also point this out because I think this is crucial.
Who makes these commodities generally?
It's giant businesses, right?
It's giant businesses.
There aren't a lot of mom-and-pop agribusiness operations or energy operations.
They just don't exist.
So this is a great world right now for the ADMs in agriculture, for the chevrons in energy.
It's a great world for them, for the producers of these commodities.
It's a terrible world for everybody else Who needs to consume these commodities?
steve bannon
I know President Trump talks to you about economics and finance all the time.
If you had a chance to tell Joe Biden, hey, here's what your advisors told you, here's what they said, what are the three things you would tell Biden he needs to focus on today or we're going to go off the cliff?
steve cortes
Yeah, well, number one, stop with the spending plans, right?
I mean, stop, because we have finally hit the tipping point where the United States cannot borrow consequence-free anymore.
So your plan for Great Society 2.0, you want to be the second coming of LBJ or perhaps FDR?
Guess what?
The bond markets are not playing ball with you.
So that would be number one, is stop there.
Number two would be forget about the idea of massively raising taxes, whether it's doubling the capital gains tax or raising the business tax.
We have to walk away from them.
This is an economy that is just getting its footing.
This is an economy that is trying to recover.
And then thirdly, I would say most of all, not that he would ever do this, but this would be my actual advice is let's return to the principles of economic nationalism because they were working.
We know this.
Before the China virus, before the CCP virus crashed the global economy, 2019 was the best year for the American worker in all of US history, demanding smart trade deals.
Fairness and reciprocity in trade.
Protecting American industry.
It was working, Steve.
6.8% wage growth overall for the year 2019.
Even better than that, 9.1% for working class people, for blue-collar Americans.
Everyone was doing better, but the economic strivers, the economic underdogs, were doing best of all.
So we don't have to guess about what works.
All of those, we were firing on every cylinder.
All pistons were hitting before the CCP virus.
We can now return to that given that the CCP virus, thankfully, is starting to recede and I believe will soon become a terrible memory.
steve bannon
Another War Room alumni moves on.
Tell us about 9 o'clock tonight, give them the thing, and your social media so during the day they can track you.
steve cortes
Yes, please.
9 p.m.
Eastern Time on Newsmax, Newsmax.com, Xfinity Channel 1115.
We're on all the cable platforms or just stream us, download the app.
Jen Pellegrino, Steve Cortez.
We're debuting tonight with Donald Trump Jr.
as our very first guest.
Some other great guests.
steve bannon
Coming hot out of the box.
steve cortes
Mark Meadows.
unidentified
Tune in.
steve cortes
I'm at Cortez Steve, Cortez with an S on my Twitter.
steve bannon
Okay, Steve Cortes, amazing.
We're glad to have you back.
Look, we're going to be pulling clips every night.
The evening edition of War Room over to Newsmax.
And you're going to do the Chalk Talks?
Everybody wants to know that.
steve cortes
Chalk Talk every night.
We've got an electronic version.
I'm going with the Telestrator, sort of like a sportscaster.
Chalk Talk every night, yes.
steve bannon
Chalk Talk every night.
Okay, we're going to take a short commercial break.
We're going to be back.
We've got the Notorious MTG.
She's around somewhere.
We're going to have her in the house.
Cortez, good luck tonight, brother.
steve cortes
Thank you.
steve bannon
Couldn't happen to a better guy, and it's a great service to the nation and to the Trump movement.
America first, full maga.
Okay, Notorious MTG next in the War Room.
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