July 12, 2021 - Bannon's War Room
48:20
Participants
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| Speaker | Time | Text |
|---|---|---|
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unidentified
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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. | ||
| We have to prepare for the worst, always, because if you don't and the worst happens, War Room. | ||
|
unidentified
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Pandemic. | |
| Here's your host, Stephen K. Bannon. | ||
| Freedom! Freedom! Freedom! | ||
| Freedom! Freedom! Freedom! | ||
| That, ladies and gentlemen, is the sound of freedom. | ||
| And yes, that comes from the streets of Cuba, of the folks down there that want to breathe the fresh, crisp air of freedom. | ||
| And they're about to, I think, take it to the next level. | ||
| It's Monday, the 12th of July, the year of our Lord, 2021. | ||
| Yes, you're in the War Room. | ||
| Over 66 million downloads on the podcast. | ||
| Of course, we're live everywhere. | ||
| Real America's Voice, up on Dish Channel 219, Comcast 113 on cable. | ||
| I want to welcome our audience at Samsung TV+. | ||
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| Gab, just go, any different aspect you want, up on Facebook. | ||
| You can see this and comment, get into your chat rooms right now. | ||
| I think we've got a dozen chat rooms going simultaneously of people, live chat rooms. | ||
| Also in Mandarin. | ||
| And this is particularly for Lao Bai Jing. | ||
| Later in the day we'll blow this through the firewall. | ||
| You see the people in Cuba standing up to this debacle, this criminal element in Cuba, the Communist Party that has basically run their lives for, what, 50, 60, 70 years. | ||
| They're now prepared, I think, to throw it off. | ||
| We want to start With one of the leaders in the United States of this movement for freedom. | ||
| It is Marcel Felipe, the chairman of the New American Museum of the Cuban Diaspora down in Miami. | ||
| Sir, you've been up on the podiums all weekend with Marco Rubio, the mayor, all of it. | ||
| Tell us, can you tell our audience what's really going on in Cuba? | ||
| Because they say, the left-wing media is this morning all over it saying it's about, just about COVID. | ||
| But is it deeper than that? | ||
| What's really happening with our brothers and sisters down in Cuba? | ||
| Do we have Marcel? | ||
| Okay. | ||
| Can we fix it? | ||
| Okay, we're gonna get, let's get to Marcel. | ||
| Can we get that up? | ||
| Marcel, do you hear us? | ||
| Okay, let's come back to that in a second. | ||
| Can we get that sorted out? | ||
| Denver? | ||
| Okay. | ||
| As soon as we get... Give me the signal. | ||
| As soon as we get Marcel up, let's go to... I've got my co-host Rahim Kassam. | ||
| By the way, we're going to have Marcel Felipe up in a second. | ||
| He's chairman of the museum down there. | ||
| He's been up all weekend with Marco Rubio and, of course, the mayor of Miami. | ||
| The Cuban-Americans are really, I think, taking a stand and putting this forward. | ||
| This is important. | ||
| Later in the show, we're also going to have a gentleman come in, in the second hour from Peru to talk about the communist takeover, the communists trying to steal the election down there, trying to steal Peru. | ||
| Latin America and Central America are on fire right now. | ||
| You've got freedom fighters and patriots, people who believe in sovereignty, believe in freedom, are standing up to these communists. | ||
| Obviously, the worst example of that is what has happened in Cuba. | ||
| A great country, great people. | ||
| Look how successful they've been when they've come to the United States and breathed the air of freedom. | ||
| It's just been incredible. | ||
| But you're seeing them stand up. | ||
| With the demonstrations over the weekend, go to something that's far, far, far deeper. | ||
| My co-host Captain Bannon is here. | ||
| Is Marcel ready? | ||
| Marcel, can you hear me? | ||
|
unidentified
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I can hear you, Stephen. | |
| Thank you. | ||
| Thank you for having me. | ||
| Okay, sorry about that. | ||
| We had a technical problem. | ||
| Thanks, Denver, for working it out. | ||
| So you're the chairman of the New American Museum of the Cuban Diaspora. | ||
| Tell us what's really going on. | ||
| The mainstream media is trying to point this out. | ||
| It's just about COVID. | ||
| Is there something deeper there? | ||
| Are the Cuban people finally had a belly full of this transnational criminal organization, which is the Communist Party in Cuba? | ||
| Are they finally prepared, do you think, to throw it off? | ||
|
unidentified
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Yesterday they made it extremely, extremely clear. | |
| If anyone cared to listen to the chants of every single video that was sent from the island over, there was not one video that discussed COVID or demands related to COVID. | ||
| Every single video said two things, libertad or patria y vida, which is the answer to the regime's patria o muerte. | ||
| Quite frankly, this whole narrative that this is a COVID-based protest Is a regime spin and talking point, which has been picked up, unfortunately, by our State Department and by certainly friendly media to the regime. | ||
| There's no resemblance to what's going on on the ground whatsoever. | ||
| I believe that there is a fight within this administration. | ||
| Jake Sullivan yesterday issued a strong statement that made no reference to this illusion of COVID. | ||
| But again, Biden this morning issued a new statement that, while starts off pretty strong, once again mentions COVID and mentions, more importantly, this concept that the Cuban government must attend to the needs of the Cuban people. | ||
| See, the Cuban government is the problem. | ||
| It cannot be part of the solution. | ||
| And asking them to attend to the needs of the Cuban people is like asking the third right to attend to the needs of the Jewish population. | ||
| It makes no sense. | ||
| The Cuban government has to go, and the U.S. government has to make a decision right now if it's going to support the Cuban people or the Cuban government. | ||
| It cannot do both, as some in the administration have previously suggested. | ||
| Bye! | ||
| Marcel, can you go back over the two sayings you just said in Spanish and interpret those? | ||
| Because our audience is global. | ||
| We have a huge Chinese audience, a huge European audience. | ||
| What are the two sayings you're saying? | ||
| They were chanting in the streets? | ||
|
unidentified
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There were multiple. | |
| The two primary ones were libertad, which is freedom. | ||
| Another one that was heard in many, many places was Down with the Dictators, Abajo la Dictadura, Abajo los Dictadores. | ||
| Another one was End of the Regime, Fin al Regime. | ||
| And the one that's become a slogan of the opposition in recent months was the one most overheard, which is Patria y Vida. | ||
| The regime for many years, the Dos Castros chant, was Patria o Muerte, Fatherland or Death. | ||
| And a group of rappers on the island who had, until recently, uh... big regime sponsored artists don't wear songs that uh... fatherland and life will both want our country don't want to not this uh... | ||
| this vision but they don't have to try to other than the best and so that's become a a rallying cry that's what was going on national code not even once you say by the way i've heard that the the government langley the cia the the White House was all caught way off guard about this because they have not been focused. | ||
| They do not want to see what the true patriots and freedom fighters there are. | ||
| Our audience is an activist audience, Marcel. | ||
| So tell us, what can the American people do? | ||
| What can the people, particularly not Cuban Americans, we know you guys are engaged in the fight and have been in South Florida for many, many, many decades. | ||
| The rest of our audience, Who are activists, and we're going to put this up in the live chat and on the websites. | ||
| What should these people do today to make sure we can act as a forcing function to make this government make the right decision and back the patriots? | ||
| What do you believe needs to happen by the American people? | ||
|
unidentified
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I think they need to take to social media. | |
| They need to take to their representatives or senators or members of Congress that the United States will not allow humanitarian crisis to develop 90 miles from our border. | ||
| It's extremely important. | ||
| I mean, and it's quite, frankly, an issue of national security. | ||
| Because if the United States does not step in at some point, Russia certainly will. | ||
| Let me backtrack, Steve, a little bit here. | ||
| One of the things that we have called for is for the Cuban military to be very careful about what their next moves are. | ||
| Right now, the Cuban people have made a very clear statement as to what they want for their future. | ||
| They've made their move. | ||
| It is now up to the Cuban military to make theirs. | ||
| They can be a transformative force. | ||
| They can shed the past, as Boris Yeltsin did in 1991, or they can take the country down a path of blood and civil war. | ||
| If they do, they are risking their own lives and they're risking the future of the entire nation, because if that were to happen, The United States has to really take account the consideration of the humanitarian consequences. | ||
| The mass migrations of the regime will undoubtedly unleash upon us, as they have done in the past, something which we cannot permit to do again, because that's been their escape valve traditionally. | ||
| So we cannot allow them to use immigration as a way to solve their problems. | ||
| The problems of Cuba have to be resolved in Cuba. | ||
| But if the United States does not take quick and decisive action, then Russia will. | ||
| And we will have a regime that will owe its existence to our enemies just 90 miles from our borders. | ||
| This is not like Taiwan. | ||
| This is not like Syria. | ||
| This is a situation where the cries for help in Havana are usually overheard in Key West. | ||
| Their cries are overheard in Miami. | ||
| And that takes us all the way to D.C. | ||
| This has implications in many respects for domestic politics, but also for national security in the United States, in the ways that Haiti doesn't, that no other country in the region does. | ||
| But on the flip side, if we get this right, and you cut off the head of a snake, soon after you will have the Venezuelan government fall, the Nicaraguan government fall, the Bolivian government fall, and these are all narco states who use politics | ||
| In order to cover the international criminal enterprise, centered primarily around the drug trade, but also under the slave trade and the trading of humans, and a large measure in concert with these groups that are sending people up to our frontier and our border. | ||
| So, it definitely affects all Americans and it affects all people of goodwill. | ||
| It's important to take to all of these social media and all the platforms that we can. | ||
| We have mobilized here and started calling around, and it's amazing that we have gotten perhaps a quicker response from other governments. | ||
| We were on the phone yesterday with folks from the Czech foreign ministry. | ||
| The Czechs have been great advocates of freedom for Cuba, and the Czech foreign minister already issued a very strong statement. | ||
| He was in Brussels, so the vice president of the European Parliament, Dmitry Medvedchuk, Czech citizen also issued a strong statement. | ||
| President Guaido of Venezuela issued a strong statement. | ||
| Luckily here, Senator Menendez has issued a strong statement and he's the voice of reason within the Democratic Party. | ||
| All of our Cuban American legislators, Senator Marco Rubio, Senator Ted Cruz have issued similar statements. | ||
| But the Biden administration is still struggling. | ||
| They're still going back and forth, I believe with different forces within the administration of what they want to do. | ||
| Yeah, because the ideology is that, real quickly, if you were in the Oval Office today, we got about two minutes, if you were in the Oval Office talking to Biden, quick and decisive action by the government from you, Give us the two or three action points. | ||
| What's quick and what's decisive by the U.S. | ||
| government? | ||
|
unidentified
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A direct statement to the Cuban government that violence on its people will not be tolerated, number one. | |
| Number two, that they need to go. | ||
| This is the end of the regime. | ||
| And the Cuban people have spoken and the United States will back them. | ||
| And if they choose to prolong this conflict, then the United States will have all options on the table as regards. | ||
| And more importantly, and finally, the U.S. | ||
| will not allow a new migration crisis to develop in order to resolve the Cuban government's problem. | ||
| This is the end of the regime. | ||
| They must go. | ||
| We're willing to sit down and talk about their exit. | ||
| We're not willing to sit down and talk about anything else. | ||
| The United States is finally going to decide. | ||
| Do they support the Cuban people or do they support the Cuban regime? | ||
| And if they're going to respond in the right side of history, it has to be the Cuban people. | ||
| Real quickly, just once again, we've got a minute. | ||
| I want you to walk through this thing, bite the head off the snake. | ||
| How is this interrelated to the rest of Latin America, Central America, and what's happening on the border of the southern United States? | ||
| Walk us through that again. | ||
|
unidentified
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Yes, the Cuban government basically controls the Venezuelan government. | |
| After the Chavez, Chavez was the one that basically saved the Cuban government in the 90s when it was about to collapse, and we had a similar situation that we have today. | ||
| We haven't had that situation in Cuba in decades, and the reason is because the Venezuelan government has run out of money. | ||
| As a result, both the Venezuelan government and the Cuban government- and by the way, they've run out of money because the Cuban government has bankrupted it. | ||
| The Cuban government runs their entire security operation. | ||
| As a result, they're now focusing on bringing down other countries in the region. | ||
| A lot of the protests that we're seeing in Colombia is because they have developed Colombia as a primary target to take over next. | ||
| It's the next cow from which they were going to Leach and the Nicaraguan government in large part also depends on this trend. | ||
| So, you bring down the head of the state, which is Havana, they all fall. | ||
| Yep. | ||
| Marcel, what's your social media? | ||
| How do people follow you? | ||
| What websites should they go to? | ||
| We've got about 30 seconds. | ||
| We want our audience to pile in here. | ||
| Where do they go? | ||
|
unidentified
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At Marcel Miami is our Twitter handle. | |
| You can go to, you look me up on Facebook, I'm Marcel Felipe, Inspire America. | ||
| At Inspire America, which is our Facebook handle and inspireamerica.org. | ||
| For those of you who speak Spanish, America Today, our TV station, has up-to-the-minute news directly from the ground as we're getting direct from the source. | ||
| Perfect. | ||
| Okay, we're gonna have you back on many times. | ||
| Appreciate it. | ||
| Great summary. | ||
| Marcel Felipe, Chairman of the New American Cuban Museum for the Diaspora. | ||
| Be back in a moment with Jason Miller, President's former Chief of Staff. | ||
|
unidentified
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Next. | |
| 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. Banham. | ||
| It was Colonel Mills who said it the other day. | ||
| Colonel Mills left Northern Virginia to drive to Seattle, Washington to finish up some work he had to do on his mother's estate, and he drove back. | ||
| And the entire time he saw one Biden t-shirt, I think in Seattle. | ||
| Okay, one. | ||
| And you saw hundreds and hundreds and hundreds and hundreds of Trump signs in yards, Trump painted on barns, Trump won all over the country. | ||
| And he made an observation that we've been saying from the beginning, I think it needs to be reinforced. | ||
| We are the majority in this country. | ||
| We're the vast majority in this country. | ||
| And we've got to start acting like it. | ||
|
unidentified
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Right? | |
| We've got to start acting like it. | ||
| We've got to start demanding change. | ||
| And then holding people accountable to do that. | ||
|
unidentified
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Never forget that the radical left is not the majority in this country. | |
| We are the majority, and it's not even close. | ||
| Okay, I guess we missed the music cue. | ||
| That's okay. | ||
| There we go. | ||
| Thank you, Denver. | ||
| Good. | ||
|
unidentified
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Is that? | |
| Is that? | ||
| I'm not familiar with this song. | ||
| I want to bring in now Jason Miller, our former co-host when we started the show. | ||
|
unidentified
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Former spokesman. | |
| Okay, we can kill it. | ||
| Thank you, Denver. | ||
| Oh my god. | ||
| We're on a roll today. | ||
| Denver, it's not your fault. | ||
|
unidentified
|
Jason, your walkout music. | |
| It's because you're CEO of a major social media company now. | ||
| You miss being back in the war room? | ||
| I know Captain Ben is sitting here. | ||
| Rahim, by the way, is somewhere in the Grand Canyon. | ||
| We can't get to Rahim. | ||
| He's out being, what, John Wesley Powell. | ||
| He's canoeing down the Colorado River in the Grand Canyon, so we can't get to him. | ||
| So Captain Ben is sitting in the Jason Miller seat. | ||
| Jason, before we get to you being a CEO of this company that's exploding all over the place, I've got to ask you, first, before we get to the President's speech, the situation in Cuba, as you know, a major part of the MAGA movement in Florida and throughout the country, the freedom fighters, the Cuban-American freedom fighters, That anti-communist rally in the run-up to the campaign, I think they had 50,000 people showed up in South Florida. | ||
| And by the way, Bloomberg's $100 million he spent on the ground game was nothing. | ||
| In Florida, we blew these guys out of the water. | ||
| A big part of that is the freedom fighters in the Cuban-American community. | ||
| What are your thoughts Yeah, Steve, great to be with you. | ||
| problem for years and years years. What are your thoughts about what's happened in the last 24 hours, 48 hours in Cuba and how the left-wing media is trying to spin this as is nothing but a COVID rally. | ||
| Yeah, Steve great to be with you and just so we're clear on where Rahim is if anyone saw the shootout in the England's soccer match last night. | ||
| Oh man, they missed three in that shootout. | ||
| So I assume that when you talk about canoeing down the Colorado River, the Grand Canyon, I think that's a metaphor, just so we're all clear. | ||
| Poor Raheem, he's floating face down somewhere, but all of our British friends, our hearts go out to you. | ||
| We are so sorry. | ||
| And whatever you do, do not call anyone from the Plus Four Four today. | ||
| They're all in serious depression mode. | ||
| But no, let's go to the serious point with regard to Cuba, Steve. | ||
| This is a tipping point. | ||
| This could be the moment that puts it all going in a different direction. | ||
| And people a lot of times don't realize just how close some of these countries are who have these despotic fascist regimes that control everything, control the news that gets in, you name it. | ||
| And these little, this is no COVID rally. | ||
| This is decades and decades of people being beaten and oppressed and not having any, no freedoms, no information. | ||
| Get the Castros out of there and we are so close and this is this is a moment where we need to be supportive. | ||
| I think that the Cuban people are going to I think this could be the point where they go and say we're going to determine our own fate our own path to destiny and as we saw the the Cuban American diaspora all around the country and all around the world are cheering them on. | ||
| This is also for people, you know, 80% of the Warren posse love the opening, saying, why are we focused on Cuba? | ||
| Here's the reason. | ||
| Much of what's happening in the regime with Biden is all the same ideology. | ||
| This is putting the light, when the freedom fighters in Cuba tell you the stories of what went on, trust me, people in this country, and particularly these young people, are not going to be saying, hey, we want more communism, we want more cultural Marxism. | ||
| Also, you talk about the chain reaction. | ||
| The chain reaction, that's why Marcel nailed it. | ||
| It's the head of the snake in Latin America. | ||
| But trust me, you don't think the Diaspora, you don't think Lao Bai Jing is watching right now, particularly the Diaspora, the Chinese people, are not watching? | ||
| Because Cuba's mini-me to the CCP. | ||
| They're all sitting there saying, hey, when these people start to get in the streets, start to throw things off, these regimes crumble. | ||
| They either got to come back hard with violence, or they crumble very quickly. | ||
| This is a massive development, and we're going to be all over this, because this chain reaction, trust me, is going to go eventually to Beijing, and it's going to go to Washington, D.C. | ||
| Okay? | ||
| To these Marxists that have taken over our government. | ||
| Yes, sir. | ||
| And you're exactly right. | ||
| And let's think about right next door. | ||
| Let's think about Venezuela, or proverbially next door. | ||
| Venezuela could be the next one that goes in tips. | ||
| But, Steve, you're so right, because why are we doing this show, War Room Pandemic? | ||
| Why are people so focused on this? | ||
| China. | ||
| And you are so right on this because the CCP has such a tenuous grasp on its people. | ||
| People don't wake up there and say, rah, rah, I want to be on the CCP. | ||
| It's how do I not get beaten down for trying to progress my freedoms today? | ||
| The fact that you can't go on and hop on certain news websites from the West, you can't get information. | ||
| All of these countries are like that. | ||
| And so this could be a tipping point, Stephen. | ||
| We need to be there to support them. | ||
| Where we can. | ||
| Obviously, they gotta assert their own independence. | ||
| This isn't about us going and picking someone. | ||
| This is about supporting their own people and fulfilling their destiny. | ||
| Listen, this is the reason you're over at Getter because we have this problem here. | ||
| Look, we've got these oligarchs here. | ||
| I want to get to that in one second about how Getter is a great headline in business, a major business journal in Europe today to say, hey, Trump's lawsuit and Jason Miller being the CEO of Getter are kind of the same cloth. | ||
| Trump's trying to fight the oligarchs. | ||
| Miller set up an apparatus to kind of compete with the oligarchs. | ||
| But let's talk quickly about President Trump's speech. | ||
| President Trump once again reiterates, we're the majority in this country. | ||
| Right? | ||
| You've got a small regime, and quite frankly, Trump won. | ||
| There's no doubt about that. | ||
| We're going to prove that in Arizona, we're going to prove it in Georgia, we're going to prove it in Pennsylvania. | ||
| Joe Biden, we've got Mike Roman coming on the show later, talking about Joe Biden. | ||
| Where is he showing up? | ||
| Doug Mastriana throws down last week, Joe Biden showing up in Philadelphia tomorrow to support that corrupt, incompetent voter board. | ||
| So tell us about Trump's speech at CPAC, sir. | ||
| So President Trump brought the heat yesterday in Dallas for CPAC. | ||
| I loved it, and he went right at Big Tech. | ||
| And if you're watching, or whether it be streaming, and by the way, we've seen even some of our friends who stream, obviously Will America's Voice was showing it, but also say Right Side Broadcasting with the efforts to go and try to undermine or de-platform them, which didn't work. | ||
| We found different workarounds. | ||
| But again, President Trump laid out such a compelling case that, excuse me, if they'll do it to me, they'll do it to you as well. | ||
| We saw this on the Getter Front just on Friday as well, or excuse me, on Saturday. | ||
| One of the cool things we have with Getter is that you own your tweets, just to be clear. | ||
| That's your intellectual property. | ||
| That's your hard work. | ||
| We set it up so you can import all of your tweets, which is so great. | ||
| I go through and repost some of my old tweets just to remind people that we have and we can do it. | ||
| But Twitter wouldn't shut that down. | ||
| So now they fell into a trap. | ||
| So now they're saying we own your tweets, but then also they want to say we don't because they don't want to become a publisher under Section 230. | ||
| So we're going to have a workaround on that. | ||
| We're going to have another scenario that comes up. | ||
|
unidentified
|
Excuse me, but but this is Ho, ho, ho, ho, slow down for this audience. | |
| You're saying, because one of the key things you go on Twitter, they tell you in your terms of service, you own the tweet. | ||
| They're not a publisher. | ||
| They're a platform. | ||
| They're a neutral platform, supposedly. | ||
| You own your tweets, right? | ||
| Are they saying they're not allowing now people to go to Getter to import their tweets from Twitter? | ||
| Correct. | ||
| That's what they started doing on Saturday, of not allowing people on Getter to import their tweets over. | ||
| We're going to have that fixed. | ||
| We're going to have that updated very shortly, because again, you own all of that content. | ||
| That is yours. | ||
| And it doesn't matter what they say in Silicon Valley, what the big tech oligarchs try to tell you. | ||
| Hold it, hold it, hold it. | ||
| There's no conspiracy, but there are no coincidences. | ||
| How closely was that after you put out the press release that said Getter had one million followers in the first 24 hours? | ||
| You put the press release out when, and when did Twitter react to this? | ||
| That's three days later. | ||
| And so what Twitter was hoping is that they could ignore us. | ||
| Then we saw how big and how powerful this movement behind Getter is, how hungry people are for free speech. | ||
| And they're like, uh-oh, these guys hit a million in three days. | ||
| Fastest ever social media growth in world history. | ||
| We better try to shut them down. | ||
| But guess what, guys? | ||
| It's not going to work. | ||
| How are you going to go to court? | ||
| What are you going to do about them stopping? | ||
| If they stop it, you've got to go to court and challenge them? | ||
| What are you going to do? | ||
| So we have a couple different things. | ||
| I can go through part of it right now, but we're going to have the function up and running very shortly, and actually have a call with the lawyers here in a couple hours, maybe pursuing legal action. | ||
| But again, this is a fight that we want to have. | ||
| Twitter wants to go and say that they own all the tweets. | ||
| Well, then they're not going to be covered by Section 230 anymore. | ||
| Amazing. | ||
| What else can you tell us about Twitter? | ||
| How do people get on it? | ||
| How do they become part of this community? | ||
| What else do they need to do to join this? | ||
| Yeah, absolutely. | ||
| So go to getter.com, G-E-T-T-R.com. | ||
| We're at about 1.4 million users right at this moment. | ||
| Just so people know, it's about 44% in the U.S. | ||
| We're actually about 15% or so in Brazil. | ||
| Brazil is a great growth market for us. | ||
| We're seeing strong growth in Japan, in Germany, in the UK, even Saudi Arabia. | ||
| Saudi Arabia is about three and a half percent of our overall use. | ||
| The Saudis absolutely love Getter. | ||
| It's catching on quick. | ||
| This is a lot of fun. | ||
| And again, this is, and Steve, to end where we started off here, I look at Cuba as being a growth opportunity, and we're going to start getting the message in there. | ||
| Jason, real quickly, so they can just go sign up, it costs nothing, and you don't have any chance of, if you conform to the terms of service, right? | ||
| You don't have any chance of being blown up like you do at Twitter. | ||
| In other words, Twitter, you could get 200,000 followers and they can ace you out overnight. | ||
| That can't happen at Getter? | ||
| Nope, Getter, you're never going to be cancelled or de-platformed based on your political views. | ||
| Again, we had a good conversation with Rahim on this. | ||
| Obviously, we don't want people going on there and threatening violence. | ||
| That would obviously cause an issue for you in real life. | ||
| So you can't go and do it on the online platform. | ||
| We don't want people making racial epithets, things like that. | ||
| I think that's all. | ||
| You shouldn't be doing that in your normal walk of life. | ||
| But you will never be censored, cancelled or de-platformed for your political views. | ||
| What's your Getter handle? | ||
| I'm at Jason Miller in D.C., so hop on, follow me, and I'll make sure to follow you back. | ||
| Okay, thank you very much, and I'm glad you got an upgrade. | ||
| You went from War Room to running the President's campaign to Getter. | ||
| Pretty good career arc. | ||
| Jason Miller, thanks for coming on, brother. | ||
| Appreciate it. | ||
| Thank you, Steve. | ||
| Be back in a moment. | ||
| Jason Trennert, we're going to talk about the debt ceiling, spinning ourselves into Bolivia, and we're going to get to vaccines and election fraud a little bit later 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. | ||
| Okay, make sure you support the Freedom Fighters at MyPillow, the armor-piercing shell... bullet... shell... that is Mike Lindell. | ||
| I'm gonna get that out eventually. | ||
| Let me start over again. | ||
| You're in the War Room. | ||
| It's Monday the 12th. | ||
| Captain Bannon, stop laughing at me. | ||
| Monday the 12th of July, the year of our Lord. | ||
| 2021! | ||
| Okay. | ||
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| Make sure you support the Freedom Fighters. | ||
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| Okay, action, action, action. | ||
| The number one thing I'm all over, it's blowing my head up, is this debt ceiling and spending. | ||
| When I get to one of the top guys on Wall Street, I'll talk in a second. | ||
| Captain Bannon, tell me about what the administration is saying about Cuba. | ||
| So, Julie Chung, the Acting Assistant Secretary for the U.S. | ||
| Department of State's Bureau of Western Hemisphere Affairs, said, Peaceful protests are growing in Cuba as the Cuban people exercise their right to peaceful assembly to express concern about rising COVID cases, deaths, and medicine shortages. | ||
| We commend the numerous efforts of the Cuban people mobilizing donations to help neighbors in need. | ||
| And Cory Mills, who's running in Florida, And Cory Mills has been on the show many times. | ||
| Yes, he said, here's the Biden appointee trying to spread propaganda disinformation on behalf of the radical left. | ||
| The Cuban people are protesting communist dictatorship and waving the American flag. | ||
| It has nothing to do with COVID, but your forced vaccination plan needed some propaganda, as it appears. | ||
| Force vaccination plan. | ||
|
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Wow. | |
| Okay, we're going to get Dr. Ryan's going to be on here in the second part of the show. | ||
| Real quickly, on Twitter, you brought your tweets over, right? | ||
| You're on Getter now? | ||
| They let you import your tweets? | ||
| They let me when I did. | ||
| All that snark? | ||
| And as of right now, they're still there, but we'll see. | ||
| I think if you get him over into the window, I think you got him. | ||
| That's a big issue, though. | ||
| I think Jason Miller and the guys at Getter have Twitter cornered between Trump's lawsuit and what they're doing. | ||
| They're jammed up right now, which is great. | ||
| Trump's lawsuit. | ||
| And that's where the European Business Journal nailed it right away. | ||
| They said between Trump's lawsuit and the Getter launch, They got the oligarchs. | ||
| They're gonna have the oligarchs pinned up here. | ||
| Remember, Twitter has never done this before. | ||
| This is what the amazing thing at Getter, it was called a forcing function. | ||
| It forced them to show their cards. | ||
| And what did they do? | ||
| The first thing they did is went against their own term of service and shut down your ability to import your former tweets into your new Getter accounts, okay? | ||
| This is actually Quite important. | ||
| It's an inflection point in this fight against the oligarchs. | ||
| Okay, let's go to Jason Trennert now. | ||
| One of the top guys on Wall Street. | ||
| One of the deep thinkers there. | ||
| Runs Strategist, which is one of the great consulting firms. | ||
| Jason, you're seeing in Cuba it melt down. | ||
| You're seeing this chain reaction that's going around these communist countries. | ||
| And quite frankly, the ideology in Washington D.C. | ||
| today, and particularly the far left, is not much different. | ||
| This spending is at such a scale and so out of control that I don't think people fully grasp what's going on. | ||
| Can you walk us through exactly what's going on with spending? | ||
| What do you think is going to happen to the economy with stagflation and particularly what's going to happen with the U.S. | ||
| dollar, sir? | ||
| Yeah, well, it's a lot to unpack there. | ||
| I would say that one thing I would just mention, it's not directly related per se to what's happening here, but I do think that commodity inflation, generally speaking, particularly food inflation, Is extremely politically destabilizing. | ||
| And I think that is it's somewhat related to what's happening here. | ||
| It's not entirely related. | ||
| But I do think that's important to think about because that's something we saw in the aftermath of the last financial crisis when oil hit. | ||
| Hold it, hold it, hang on, hang on. | ||
| There are rice shortages in places like Egypt and Vietnam. | ||
| And so this does have a real-world impact. | ||
| Hold it. | ||
| Hang on. | ||
| Hang on. | ||
| You're saying that you think that's part of the underpinnings of what's happening in Cuba is now because of all this spending, commodity inflation. | ||
| I think there's a lot of, I think it's a fundamental lack of freedom. | ||
| I think it's also a fundamental lack of of government of government competence, particularly as it relates to to COVID. | ||
| It's mainly, I think, a lack of freedom. | ||
| But I also think that in particularly in economies that are not free market, that have to import a lot of their food, have to import a lot of their commodities, higher commodity prices are highly destabilizing, and that's true for China, it's true for India. | ||
| The US tends to be, is a food exporter, and we also spend a lot less on food as a percentage of our disposable income, so it's not as politically destabilizing. | ||
| Having said all this, there is no question in my mind that all of the fiscal and monetary stimulus that's brought to bear during the COVID lockdowns is having an impact on inflation. | ||
| I think there's almost I think it's almost incontrovertible. | ||
| The question really among the central bankers is whether it's as they say transitory or whether it's more permanent. | ||
| I'm of the view that it's it's more permanent that it's going to be a lot stickier. | ||
| And I think a lot of these policies, the fiscal and monetary policies, are going to be very hard from which to extricate ourselves. | ||
| You know, we've been calling it the Hotel California approach, which is, you know, you can check out anytime you want, but you can never leave. | ||
| And it's very, very difficult in democracies, particularly with some of the political stakes that are involved. | ||
| It's going to be difficult to step away from some of these monetary and fiscal policies that we have in place right now. | ||
| And to put this maybe into English for non-Wall Street type, which most of our audience is, and by the way, we're going to have one of the apes on here later from the Army of the Apes, starting a new not-for-profit to focus on financial and economic illiteracy. | ||
| The Ape Army of 4 million have been teaching each other, and they understood one thing, that they've never been taught this in school, they've never had access to this information. | ||
| As they trade these stocks, they realize there's a lot to learn here, and they're interested in it. | ||
| Right? | ||
| And remember, getting rid of economic illiteracy and financial illiteracy is really a fundamental part of your personal march to freedom, to actually understand the world as it is and as it could be. | ||
| But let's go to this. | ||
| You've got these Republicans up there having a group hug with this infrastructure plan, and then they say, oh no, it's conditioned upon a human infrastructure plan. | ||
| I just want to go back, because you and I talk a lot, it's the scale of this spending We're throwing around trillions now, like people used to throw around billions, and I don't think anybody in this city, it's kind of decoupled from reality. | ||
| What are your thoughts on that? | ||
| Well, it's partly decoupled from reality because the Fed is buying $120 billion worth of securities a month, $80 billion in treasuries and $40 billion in mortgage-backed securities. | ||
| The Fed's balance sheet is up 90% since the start of the pandemic. | ||
| And the Fed's balance sheet was, to give you round numbers, it was about $800 billion in 2008 before Bear Stearns failed. | ||
| And we're approaching really $8 trillion to $9 trillion right now if the current trends are in place. | ||
| So what's happening is you're largely... Hang on, hang on, hang on, hang on. | ||
| I just want to put this in language people understand. | ||
| You can finance these deficits. | ||
| You can finance the spending. | ||
| You've got a couple ways to finance it. | ||
| You can have the Chinese and the Gulf Emirates and the Japanese insurance companies buy bonds that you sell, government bonds, right? | ||
| You can raise taxes. | ||
| Or you maybe grow out of it. | ||
| You can have bigger growth and people pay more taxes as you grow. | ||
| Or you can raise taxes, right? | ||
| Two ways. | ||
| You can basically print money and put that on the shoulders. | ||
| That's the full faith and credit of the U.S. | ||
| government, is basically the full faith and credit of the deplorables. | ||
| So when you say, I just want to make sure, and we talk a technical term, that the Federal Reserve's balance sheet is growing because they're buying securities. | ||
| No, no, you gave a great Wall Street explanation. | ||
| I just want to make sure our audience understands something. | ||
| That is them, right? | ||
| When you say, the Federal Reserve's balance sheet is growing, we're just printing money. | ||
| And monetizing the debt, however you want to call it. | ||
| But it gets back to the grundoons. | ||
| It gets back to the deplorables. | ||
| That's their obligation, right? | ||
| Correct? | ||
| I mean, the U.S. | ||
| government has taken that obligation on itself. | ||
| Steve, yeah, again, I'll try to keep it, the bottom line is the easiest way, and this is for thousands of years of human history, this is not unusual. | ||
| Every society that's had a reserve currency has lost it, and it's lost it because it's spent well beyond its means. | ||
| And then you have a couple of options. | ||
| One is you could go to war with another company before 1945. | ||
| That was before 1939. | ||
| That was kind of the way you would do it. | ||
| You go to war with a neighbor. | ||
| You take all their resources and tax them. | ||
| But, you know, usually what would go hand in hand in that is that you'd inflate your way out of your debts. | ||
| You would just pay the debts off with cheaper currency. | ||
| And that's why A reserve currency that we have right now is no divine right of the United States. | ||
| It's ours to lose, and it seems to me we're doing a pretty good job trying to lose it. | ||
| The reason we're the reserve currency is because of the deplorables. | ||
| The reason our capital... A reserve currency means all the world's transactions have to be converted into dollars, because people believe in a dollar. | ||
|
unidentified
|
Right? | |
| They believe in the dollar. | ||
| So that's why we're the reserve currency. | ||
| It used to be the British Pound. | ||
| Before that, when Spain was an empire, it was the Spanish Peso. | ||
| Right? | ||
| Whatever is the biggest guy on the block, their currency is the reserve currency. | ||
| But what it gets down to fundamentally is that the civic society that's supported by the deplorables, the cops, the teachers, the nurses, the people that coach Little League, that safety of civic society makes our capital markets a place people want to put their money. | ||
| And so therefore, the greatest export America has It's not its food. | ||
| It's not its military hardware. | ||
| It's not its software. | ||
| It's the U.S. | ||
| dollar. | ||
| And we are the reserve currency. | ||
| And that's why everybody... And by the way, if we were not the reserve currency right now, we would be Argentina. | ||
| Because then you just couldn't print money. | ||
| You would have to then sell the bonds to a skeptical Japanese insurance company or golf farmer to say, hey, I think I need 20% interest rates on that money because you guys look risky. | ||
| That's basically the scheme. | ||
|
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It's also the con. | |
| Exactly right. | ||
| I mean, I think a couple of quick things. | ||
| One is, this is, I think the monetary, I think the policy mix has been particularly supportive of populism because largely the policy mix, since the last financial crisis, has done a lot for very wealthy people. | ||
| It's done a lot for financial assets. | ||
| Uh, but it's absolutely kneecap the average person that might just have savings, might just have a savings account on which they're getting zero. | ||
| But the rich people, richer people that have stocks and bonds and commodities and second homes and everything, they've gotten very wealthy. | ||
| So that's one, uh, that's one aspect of this policy mix, which has not been largely, in my opinion, examined the nexus between this policy mix. | ||
| Hang on, hang on. | ||
| Before we go to break, and I want to say, the reason it's been supportive of populism, it's been anti the little guy. | ||
| The reason we have a populist revolt from the 2008 financial crisis, and now exacerbated today, is that people are now finally understanding the deplorables, the American Lao-Beijing, Old 100 names, right? | ||
| And this is why people on the left, when you watch Tim, the great Tim Pool's show, you look at Royce White, people on the left, the old Occupy Wall Street crowd and some of the Bernie supporters are now going through their own Great Awakening. | ||
| They understand that the most progressive administration in history, the Biden, the Obama-Biden administration, nothing more than neoliberal neocons, they crushed the little guy. | ||
| And now today we're having it more. | ||
| We have a major element that's going to show up at the end of this month. | ||
| Guess what? | ||
| We hit the debt ceiling. | ||
| The good old debt ceiling. | ||
| We're going to return with Jason Trennert. | ||
| We're going to talk about why no one is talking about this. | ||
| Why the elites on both sides? | ||
| Why is the business press? | ||
| Why is the Wall Street Journal? | ||
| Why the Financial Times of London? | ||
| Why is CNBC? | ||
| Why are there not shows and shows and shows and shows and shows that we've got the debt ceiling? | ||
| You know why? | ||
| The fix is in. | ||
| We're going to get back to Jason Trennert in a moment and talk about why 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. | ||
| Go to MyPillow.com. | ||
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| Jason Trenner. | ||
| By the way, the live chat's blowing up. | ||
| People love you. | ||
| You know why people love you, Jason? | ||
| Because you're a Wall Street guy who's decent. | ||
| You're not just kind. | ||
| You really care about the deplorables. | ||
| You really care about, like, the ape army. | ||
| And you see people, there are 4 million people in the ape army, and we're going to have a guy on here later, AMC Marine. | ||
| They hunger to understand how our financial system works. | ||
| They hunger how economics work. | ||
| People want a great awakening in this area. | ||
| They actually want to know how the system works. | ||
| And when you start explaining to them, and you see what the con is, that it's all on their shoulders. | ||
| All of it's on their shoulders. | ||
| The taxes, the debt, all of it's on their shoulders. | ||
| And the civic society that underpins this. | ||
| When people say we have robust capital markets, we have robust capital markets because the Saudis, the Chinese, the Japanese insurance companies, they all want to put their money in the United States of America. | ||
| And our capital markets are so liquid. | ||
| Why are they liquid? | ||
| Because the underlying decency and how stable our civic society is, at least up until this point. | ||
| Jason Trennard, what's your observation on that before we talk about debt ceiling? | ||
| Well, listen, I'm a deplorable. | ||
| I grew up in the most middle class way you could possibly grow up. | ||
| I love the financial markets. | ||
| It's kind of my life's mission. | ||
| But yeah, I'm very proudly of deplorable and I very proudly understand However, I believe I understand the con, as you put it, among a lot of elites. | ||
| And I think we're, unfortunately, in some ways, we're in a post-patriotic society. | ||
| And that's true among business people. | ||
| It's true among some politicians. | ||
| It's true, especially among some very large companies. | ||
| Unfortunately, but there's still, you know, more of us than there are of them. | ||
| We just have to, we just have to exert our political influence. | ||
| So why is there crickets right now on all the business papers, all the business media, the hundreds of billions that are spent for Wall Street Journal, Financial Times of London, CNBC, Bloomberg. | ||
| There's virtually crickets. | ||
| Janet Yellen is the only person I believe in the history of the country, history of the republic, has been both Federal Reserve Chair and Secretary of Treasury. | ||
| She warns a month ago, hey, if we don't do something, if we don't get a rise to the debt ceiling by the end of July, we will start to default on U.S. | ||
| government securities by August 15th, and there's not a firestorm? | ||
| This is the dog that didn't bark. | ||
| Why is that happening, Jason Trennert? | ||
| Steve, because it's actually, it's happened before, where we've kind of gone right up to the limit. | ||
| In 2011, you remember, we went right up to the limit. | ||
| No, no, no, no, no, hang on, hang on, hang on, hang on, Jason, no, no, no, no. | ||
| In 2011, there was a firestorm. | ||
| The reason we did this is, we showed the thing from news Newsroom on HBO did a whole series on this with Jeff Daniels. | ||
| Everything they talked about was the debt ceiling and the tea party and all that. | ||
| I was part of that. | ||
| That was a firestorm of awakening about what the debt ceiling is. | ||
| I understand we've come to the limits and we've kicked the can down the road, but before, all the media was talking about it. | ||
| They were petrified. | ||
| If we do this, we're not going to be the reserve currency. | ||
| Why is there a conspiracy of silence I think it's hard for a lot of people to understand. | ||
| I don't mean to be patronizing about that, but it's not a particularly sexy story. | ||
| London, the Wall Street Journal, CNBC, Fox Business. There's crickets on this topic, sir. | ||
| I think it's being very practical about it, Steve. I think it's hard for some people, but I think it's hard for a lot of people understand. I don't mean to be patronizing about that, but it's not a particularly sexy story. In 2011, our debt was actually downgraded, which could happen again. I think the fix may be in there too. I don't know who decides that. | ||
| What the process by which that's actually... | ||
| Have we just bought off... Hold on. Have we just... Have the repletion problem... Have we bought off a modern monetary theory? Let's call it what it is. | ||
| So they're going to figure out what's going to happen. | ||
| We're always ahead of the game, and here's what they're going to do. | ||
| They're going to get some extension. | ||
| They're going to do some voodoo. | ||
| They're going to kick it down for three or four months, this thing. | ||
| We can get by. | ||
| We can do this. | ||
| We got this. | ||
| We can stagger these things. | ||
| But sometime in October. | ||
| But what the underlying pinning of this is modern monetary theory, where we can just spend and spend and spend and spend and mortgage future generations, is that not the new Wall Street's embraced it, the Fed's embraced it, the Biden regime's embraced it, but more importantly the Republican Party has embraced it. | ||
| Is that not true, Jason? | ||
| I think that's, Steve, I don't think that's a bad explanation of what's going on. | ||
| I mean, it's not modern monetary theory anymore, it's modern monetary practice. | ||
| I mean, as I said before... How radical is that, sir? | ||
| I think it's very radical. | ||
| I mean, just because you can get away with bad behavior Does not make the behavior acceptable and right now because we have the reserve currency, we can get away with a lot of bad behavior, perhaps indefinitely. | ||
| It's hard to know the timing on this, but it seems to me. | ||
| That higher commodity prices are some indication that this is having an impact, or higher inflation is some indication that this is having an impact. | ||
| We may be okay versus other fiat currencies, which are as profligate as we are, but all fiat currencies seem to be weakening versus hard assets, like commodities. | ||
| Now, precious metals actually are down on the year, but the dollar has weakened dramatically versus industrial metals. | ||
| It's weakened dramatically versus grains. | ||
| It's weakened dramatically versus a lot of things and real estate. | ||
| So there is a consequence to this. | ||
| Oh, by the way, and that's why BlackRock happens, but you don't need to own anything. | ||
| Remember, the World Economic Forum says you're not going to own anything, but you're going to be happier. | ||
| Because they're going to own the assets, and with zero interest rates, they're going to get all the upside, and you're just the slaves paying the interest payments. | ||
| It's a total and complete scam. | ||
| And when people understand what a scam it is, we're going to have a governing majority of 90% in this country. | ||
| Because it's a scam. | ||
| One more thing I'll just say here is that you bring up a very important point, and this was brought up by Dallas Fed President Kaplan over the weekend in Barron's. | ||
| More and more real estate is being bought by private equity funds. | ||
| Especially, and it's crowding out first-time homebuyers. | ||
| So, that will have an inflationary impact as well, eventually, because your landlord is not going to be Mrs. Jones, it's going to be a big private equity firm that can get away with and have some pricing power. | ||
| Jason, real quickly, how does the social media, how do people get to you? | ||
| Well, it's JasonTrenert.com. | ||
| www.JasonTrenert.com. | ||
| We love you, brother. | ||
| Be back in a moment. | ||
| Trenert's a hero and a patriot. |
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