Dec. 15, 2021 - Bannon's War Room
48:41
Participants
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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. | ||
|
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Pandemic. | |
| Here's your host, Stephen K. Bannon. | ||
| OK, welcome back to the War Room. | ||
| You've got a and there's going to be other variants until we get to the bottom of what the CCP and the PLA, the People's Liberation Army, did in their bioweapons program in Wuhan and and spread over to Lao Baijing, the hardworking Chinese people. | ||
| In Ube province, in Wuhan, until we get to the genomic sequencing, until we get to all of it, and full access to the lab, all records, and be able to interrogate, yes interrogate, the people associated, including all the way up the chain of command. | ||
| You're not going to get to the bottom of this and you're going to continue to have various things, Omicron's the last, well you are sadly mistaken. | ||
| And look how it's wrapped up Europe now. | ||
| And that's all coming to the United States, it's already happening in New York City, it's happening in California. | ||
| And yes, God bless Ron DeSantis and Texas and these other states for standing tall, but that's not a solution. | ||
| It's not a solution for our country. | ||
| Because they're going to come back and want another stimulus. | ||
| They're going to want to borrow more money over and above the $3 trillion. | ||
| That's for the stuff they've already got that they know they're going to have to pay for. | ||
| They're going to come back for another stimulus. | ||
| We got 28.5 trillion now on the country's balance sheet. | ||
| You got another, what, I don't know, five, six over at the Fed. | ||
| We're on a path to an economic catastrophe it will take generations to bail ourselves out of, to work ourselves out of. | ||
| Everybody listening to this, or everybody that's older, has got to give this broadcast and tell the younger folks, you're sleepwalking. | ||
| If people don't see what's going on, it's so obvious. | ||
| And now you have conservative governments. | ||
| Let me repeat, Boris Johnson is a Tory. | ||
| He is a conservative. | ||
| Used to be controlled opposition, but now they're actually making decisions. | ||
| They're driving programs. | ||
| And you're seeing people are taking to the streets of Europe that normally don't take the streets, like in Vienna, like in some of these other places, like in Prague. | ||
| Taking to the streets. | ||
| And now you're going to have, you have forced shutdowns and lockdowns of the unvaccinated to other them. | ||
| Then they're going to go to the mandatory vaccines and they're going to give you an option. | ||
| Oh, we're not going to put it in your arm. | ||
| We're going to give you a choice. | ||
| You got to pay a penalty. | ||
| You got to pay a fine. | ||
| You got to stay indoors. | ||
| You got to pay a fine. | ||
| And that fine is going to be catastrophic. | ||
| It's essentially going to bankrupt you. | ||
| You're not going to be able to live in your apartment. | ||
| You're not going to be able to live in your house. | ||
| You don't have the money to make the payment. | ||
| Ben Harnwell, get us up to date. | ||
| How did this vote last night in Parliament? | ||
| Is a foretaste, a foreshadowing of what they're going to try to do here. | ||
| This is what the Democratic Party is going to try. | ||
| You're seeing what Democratic run cities right now. | ||
| New York, you're seeing it in California. | ||
| Ben Harnwell. | ||
| It's important, Steve, to realize that that's exactly the case. | ||
| What's being discussed in the House of Commons in London yesterday is setting the mood music for the wider Western world's response to Omicron. | ||
| I can't help but notice what the Health Secretary said yesterday, because for me it was an absolutely astonishing attempt at scare tactics. | ||
| He said that if the government's measures didn't pass, then that would mean that the child victims of car crashes could potentially be left untreated. | ||
| And half of the backbench parliamentary majority, they didn't buy it, right? | ||
| A few hours before the vote, Boris Johnson went and spoke to all of the parliamentary Tory party and he said he had no choice, right? | ||
| And aides to the Prime Minister thought he did quite well, perhaps in the end the rebellion's going to be less than the whips had predicted. | ||
| In fact, the rebellion was greater. | ||
| I think the takeaway of this, right, and I've not seen this question posed, but if half of the parliamentary The backbench party did not believe the Prime Minister when he said he had no choice. | ||
| Why should anybody else? | ||
| Exactly. | ||
| Exactly. | ||
| Ben, do you see these street protests now, whether it's in France, in Germany, in Austria, do you see it picking up intensity now that they're coming to these forced lockdowns of the unvaccinated and eventually going to go to mandatory? | ||
| Because, ladies and gentlemen, if it's happening in Europe, it's happening in Austria, but it's happening in Europe, it's going to come here. | ||
| It's going to come here. | ||
| We've seen everything that Europe's done eventually has come here. | ||
| This is how the globalists think. | ||
| Absolutely right. | ||
| I mean, in the last number of segments I've been doing reporting live here from occupied Europe, I've been saying that the intensity of the protest is increasing in line with the severity of government's attempts to clamp down on people's freedoms. And that's the other point here to consider, that nothing has really changed over the last two years, not the science, not the incidence of fatality of these viruses. | ||
| In fact, Omicron, by all intents, is extremely contagious with respect to Delta and the original virus, but far less serious, far less fatal. | ||
| No, the reason why governments are turning the screws, why in Austria right now we're going to be moving to mandatory vaccines, as you say, from the 1st of February, is because it's people's resistance which is fundamentally changing. | ||
| People's resistance is changing in line with the fact that they are fed up With propaganda from the government. | ||
| Because right from the beginning, Steve, as the Warrens, you and Rahim were on this, right from the beginning, the government fundamentally has not levelled with people about this virus. | ||
| Now, you can convince by propaganda, you can convince perhaps even a majority of people, and I'd say that is still the case here in Europe. | ||
| These lockdowns have possibly a majority of popular support. | ||
| What is changing is that as the propaganda increases, as the legislative measures increase, it's the size of that minority opposition is becoming more militant and more active and larger. | ||
| So I would say right now the minority would probably be around 40% here in Italy. | ||
| This is the opposition to the Green Pass and mandatory vaccine obligations. | ||
| As these things go forward, at some point, this minority is going to become a majority. | ||
| And that's going to be really interesting then, because our politicians, being establishment politicians, normally follow the line of least resistance. | ||
| They follow, you know, they just don't want to be personally responsible. | ||
| They want to say, well, this is the technical advice we received from the scientists, and that's what we did, right? | ||
| And right now, people have been scared and terrified into obeying. | ||
| But the solidity of that majority, the popular majority, is going to finish one day to the next. | ||
| It is going to end. | ||
| And then the question is going to be, what is going to be the government's response? | ||
| Ben, how do people follow you on Getter? | ||
| How do people follow you on Getter to keep up with all this? | ||
| Because you're on fire there right now. | ||
| At Harnwell. | ||
| And there's a great debate there. | ||
| There's all the best comments, the best insights. | ||
| People are sending in news and up-to-date situations from their own countries. | ||
| I would strongly recommend... Oh, by the way, I would say this in light of your question, Steve, on what's going on here in Europe. | ||
| It's providential today that Jason Miller was on the show earlier. | ||
| The key instrumental part, I think, of the reason why the minority is growing and becoming stronger, more convinced, more secure, it's because it's participating in a debate which is taking place off radar. | ||
| Yes. | ||
| It's not the debate you're going to hear On the BBC, right? | ||
| It's not the debate you're going to pick up reading the editorial page of the Times or the establishment newspapers. | ||
| It is the debate that you're going to have in a forum where freedom and free expression is still allowed to take place. | ||
| And that's not Twitter, but it is places like Geta. | ||
| That's right, you've got to get to Ben's stream and look at the comments. | ||
| It's very powerful, and you're absolutely correct. | ||
| Confidence is building every day. | ||
| Ben, thank you very much for joining us. | ||
| Appreciate it. | ||
| Ben Harnwell, International Editor. | ||
| Thank you, Steve. | ||
| Live from Italy. | ||
| Thank you. | ||
| Rahim, I want to go back to the beginning. | ||
| Walk people through, and if we can put it up, National Pulse has got this as its lead story, the link to it. | ||
| Can you walk us through this blockbuster story in the Daily Telegraph today that you guys have summarized and put up on National Pulse? | ||
| Yeah, not to take anything away from the Daily Telegraph, but I understand it's behind a paywall, so a lot of people don't have access. | ||
| But we have our own version of the story up at thenationalpulse.com right now, leading the site. | ||
| Members of the British Parliament, specifically the Science and Technology Select Committee, were actually informed in the past couple of weeks by Dr. Alina Chang, a specialist in gene therapy and cell engineering from MIT and Harvard. | ||
| And I'm just going to quote Dr. Chan here. | ||
| She said, we have heard from many top virologists that a genetically engineered origin is reasonable, and that includes virologists who made modifications to the first SARS virus. | ||
| She said, we know this virus has a unique feature called a foreign cleavage site. | ||
| Without this feature, there would be no way this would be causing a pandemic. | ||
| Effectively, what Dr. Chan is saying here, and what she briefed members of Parliament on, is that the lab Well, they say lab escape theory, lab leak theory, whatever you want to call it, is now the most likely scenario. | ||
| I won't go into just how many times we've had to say this. | ||
| The first first show we did on this, actually, I believe we talked about that Wuhan lab at length and discussed this at length. | ||
| And all of the people who have been involved in talking about this for so very long, we've been maligned and called conspiracy theorists and backed into a corner by The political establishment for the last couple of years now this select committee inside the British Parliament has been told actually this lab escape theory and even a genetically engineered theory is the quote most likely for the COVID-19 virus. | ||
| Hold it. | ||
| This comes from the very first episode. | ||
| It's the reason we started this show. | ||
| I just want to repeat that. | ||
| Did this come up in the debate yesterday? | ||
| Did anybody on that panel bring this up at all? | ||
| About how this is genetically engineered, that this is essentially a bioweapon? | ||
| Did that come up at all? | ||
| Was a peep of that at all or any of the news coverage on BBC or the Times of London or the Financial Times? | ||
| But did anybody breathe a word of that yesterday in this huge debate that really changes the whole concept of liberty? | ||
| No, it didn't. | ||
| And there's a special credit to actually the Telegraph's reporting on this over the last couple of years that they remain basically the only UK paper who's willing to stick their necks out and run stories like this. | ||
| I was recently kind of talking to some friends about this and saying, you know, the interesting thing about having this conversation in America versus having it in Europe is that there are still European outlets that operate outside of the comfort zone of the established consensus. | ||
| And the Telegraph is one of them, a mainstream newspaper, very, very well-respected newspaper that has just refused to take the government line and take the establishment line on all And that's why sometimes we have to, while sitting here on Capitol Hill, look across the Atlantic for some of this news. | ||
| So no, it wasn't brought up in the British Parliament, not to my knowledge. | ||
| I mean, there were hours and hours of debates over the last couple of weeks. | ||
| So maybe I missed something, but I feel like we would have heard about it. | ||
| No, but this is the thing that's so scary, and this is what's happening here in this country. | ||
| They keep talking about, you don't hear any science, you don't hear any practicality. | ||
| How can we have allowed our nation to be in this situation of being economically and financially destroyed that we're doing to ourselves when it's obvious with scientists, and Dr. Chan is from MIT and Harvard, is that correct, Rahim? | ||
| That's correct. | ||
| She's not from some community college. | ||
| She's laying out the case that people know. | ||
| And by the way, National Pulse has done, it's Raheem Kassam and Natalie Winters that have done the most extraordinary reporting on this in investigative reporting. | ||
| How many articles do you have since we started War and Pandemic on this? | ||
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250? | |
| About topics related to this, Raheem Kassam? | ||
| Hundreds. | ||
| Easily hundreds. | ||
| Easily hundreds. | ||
| Maybe even, you know. | ||
| Yeah, maybe even getting up to a thousand. | ||
| I don't know, just at least hundreds. | ||
| And everyone connects that. | ||
| Rahim, I realize we're taking a lot of your time, but just please stay over. | ||
| I just want to finish this conversation on the other side of this break. | ||
| Rahim Ghassan will join us back as The Daily Telegraph reports, genetically engineered and it leaked out of the Wuhan lab. | ||
| Surprise! | ||
| On the 15th of December, the year of our Lord, 2021. | ||
| Almost two years into this, ladies and gentlemen. | ||
| If we can't stand up to this, we're not going to be able to stand up to anything. | ||
| This is managed decline of the entire Judeo-Christian West. | ||
| We're returning to the War Room in a moment. | ||
|
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♪ Let us stay, O then, for though in manger lay ♪ ♪ And lowly born of lowly mate ♪ ♪ This day God's kingdom is begun and is the Lord ♪ ♪ Then hail him King of wisdom, King of love and bliss ♪ ♪ For King in truth this baby is ♪ ♪ The Savior of mankind is he, eternally ♪ | |
| ♪ Everly ♪ ♪ O the stars are brightly glowing in the holy night, O night ♪ In the holy land tonight. | ||
| Who'll walk with me? | ||
| Not I, not I. Who'll walk with me? | ||
| Not I, not I. Oh, come now, oh, come now. | ||
| Should I ne'er return again, sing the sad songs in remembrance of all I've done. | ||
| Merry Christmas! | ||
| Welcome back. | ||
| We're really proud of the music that we've been playing over the holiday season. | ||
| We're going to continue all the way through the holiday season. | ||
| We're playing hymns and carols from all over the world, from the Ukraine, Russia, Switzerland, France, Germany, and of course, England and the United States of America and some of the great choral societies. | ||
| We have a great fondness for the human voice here. | ||
| in the war room and we hope to surprise you and entertain you and enlighten you with some of the music choices and the choice of art in the run-up to the Christmas holidays. | ||
| I want to bring back Rahim Kassam. | ||
| Rahim, this is the most central The issue of our time, one of the reasons we do Transhumanism, and Joe Allen's going to be back on today to talk about why it's the issue of our time, but it ties together so many strands here. | ||
| And we're trying to make sure people have a framework in which to view the chaos and madness that's all around us. | ||
| And here's the thing. | ||
| The elites Your betters don't know any. | ||
| We know these people. | ||
| We see how the decisions are made. | ||
| They're just throwing. | ||
| They're throwing darts right now. | ||
| And here's the thing. | ||
| They're throwing darts. | ||
| They're doing things that you can't undo. | ||
| You can't undo. | ||
| In the United Kingdom, you can't undo that vaccine passport. | ||
| Go back and look at English history. | ||
| Look at our revolution. | ||
| Look at look at what we did with as imperfect as we are. | ||
| But look at all the precedent. | ||
| This is what I tell them, particularly Lao Bajing and the Chinese when I talk to the new federal state and these Chinese groups that are pro-democracy and want to take down the Chinese Communist Party. | ||
| I said, hey, look, we've been at this a long time and look at the 2020 election. | ||
| Right. | ||
| Look where we are today. | ||
| We've been at this for thousands of years. | ||
| You look at Athens and Rome and in England. | ||
| We've been at this a long time and we have it. | ||
| It's very imperfect. | ||
| But you look at that tradition, Rahim, and I know you're a traditionalist. | ||
| You look at that tradition, and you see yesterday, the 14th of December, the Year of Our Lord 2021, is a black-letter day in the history of liberty of free men and women. | ||
| Okay? | ||
| And if people had the guts and the moxie and the nerve and the steely resolve to get to the bottom of what happened and hold the Chinese Communist Party accountable, I might be less concerned about it, but there's not even a discussion around here about that. | ||
| There's just not. | ||
| And at the end of the day, write this down. | ||
| We all know that that's what happened. | ||
| And it's going to be proven. | ||
| And our voice from the 20th of January of 2020, when we started this show, is going to be remembered. | ||
| As the people said originally, this is what happened. | ||
| This is how it happened. | ||
| This is what they're doing. | ||
| Rahim, I don't know, you and Nigel, somebody has got to put the Tories on notice, just like, and I'll say this out loud, most of the Republican establishment, just like the Tory party, exactly like it. | ||
| If you don't have the bayonet to their backs, they're not going to do it. | ||
| The only reason that you have any discipline at all is this audience. | ||
| This is the one that they're right now about Mitch McConnell and Mitch McConnell's problems because of this audience. | ||
| They're talking about, oh, this anti-democratic forces, all this fascism, you know, the school boards and the election officials and the precinct commandment. | ||
| It's this audience. | ||
| And you've got to ban it to their backs. | ||
| Otherwise, you're going to have Boris Johnson. | ||
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He's just typical of what they are. | |
| Raheem Kassam. | ||
| One of the things that I talk about in the podcast about this, it's up now, you can listen to it after this show, get it on all the usual podcast platforms, it's just called The National Pulse, and one of the things that I talk about is the fact that the traditional right is so splintered in the United Kingdom right now. | ||
| You've still got the UK Independence Party, Sands, Nigel Farage, you've got the Reform Party, you've got the Reclaim Party, you've got the Heritage Party, you've got the For Britain movement. | ||
| There are a number of others as well. | ||
| They all kind of just dissipated and kind of went off in all their little ways after the Brexit vote happened. | ||
| And they all need to come back together. | ||
| So I am going to call Nigel Farage later today and see if we can get the old band back together and do something about this, because it's deadly serious at this point in time. | ||
| And you're dead right. | ||
| I mean, it's so hard to win these liberties back once they're given away and they were given away yesterday. | ||
| There's a couple of things I just want to raise real quickly that I think I want to lay some markers down for. | ||
| Number one, listen to this phrase and internalize what it means. | ||
| Vax to vote. | ||
| Vax to vote. | ||
| This is what they're going to start talking about when they realize that they can't win the midterm elections. | ||
| Whoa, whoa, whoa, whoa, whoa, full stop. | ||
| Whoa, stop, stop. | ||
| What was that phrase? | ||
| Vax to vote. | ||
| Oh, my God. | ||
| What are you talking about? | ||
| I didn't even think of this. | ||
| This is so great, I'm gonna steal it. | ||
| I see exactly where you're going with this. | ||
| Want me to throw it? | ||
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Yes! | |
| I love it. | ||
| Yes! | ||
| Well, you've been sending me some articles, right, over the last couple of days about the Democrat panic that's going on right now. | ||
| The same situation's occurring all across the Western world, with these governments realizing that their publics don't find them legitimate anymore. | ||
| And so what better way to, I suppose, win your elections, like Vladimir Putin often does, than to disenfranchise the people that you don't want voting? | ||
| Just take them out of the equation altogether. | ||
| And the best way for these people to do that is requiring a vaccination card, a vaccination, a Covid pass for you to go to be able to vote. | ||
| This is a step after. | ||
| This is this is one step further than drop boxes and all the other measures that we saw in 2020. | ||
| And I guarantee you, I mean, just like just like everything we talked about, CTCL, everything before the last election, I guarantee you we're looking back at this in six months and going, Yeah, they called it. | ||
| They called it again on the War Room. | ||
| Vax to Vote is going to become a push on the political left, from the political establishment. | ||
| I guarantee that. | ||
| Wow. | ||
| Smart. | ||
| You connected some serious dots there. | ||
| Remember, the compression of time from wingnut conspiracy theory to political fact is now, what, Rahim, 90 days? | ||
| Yeah, I mean, look, I've said something on this show now that I know that Media Eye is going to write up and Media Matters are going to write up and probably find its way into CNN or whatever. | ||
| You know, Bannon and Co. | ||
| spread vaccine vote conspiracy theories. | ||
| And then just wait, just wait. | ||
| When the Atlantic article comes out a month later and says, actually, you know, we really do need to start thinking about vax to vote. | ||
| This is just the way it works now. | ||
| So mark this date down in diaries. | ||
| It's actually my brother's birthday. | ||
| It's actually Jack Posobiec's birthday today. | ||
| But mark this date down in your diary. This is the thing that they're working on next. | ||
| Is Jack Pasolva going to drink yet? | ||
| By the way, one more thing. I'm like Columbo here. One more thing, right? Two days after we dropped the Facebook number one story and one day after we dropped the Facebook number two story, Guess who's suspended from Facebook? | ||
| Yes, that would be me. | ||
|
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So, you know, there are all sorts of coincidences. | |
| Did Germany shut down Telegram? | ||
| What is going on? | ||
| Yeah, German MPs are trying to take Telegram out of the equation now because they say it's used for the spread of COVID vaccine and passport misinformation and so on and so forth. | ||
| They call it a very dangerous tool there. | ||
| So, you see all these movements being made all around the world, which is why I feel confident in talking about the next, what I think, anti-deluvian measures like Vax2Vote. | ||
| Yeah, Germany's trying to take down Telegram. | ||
| you see all of the soccer players around the world collapsing boom heart problems in retiring and all of that right now they're just so many things right now that are going on out there which are cover as much of them as possible i do want to say one more thing real quick this is a yeah yeah the national polls is that uh... with were obviously reader funded uh... and uh... we just launched this morning uh... you can actually gift a subscription to the national polls now the national polls dot com forward slash gift uh... if you want to buy somebody else the gift of real news uh... | ||
| here's what you're reporting is done and we got a bundle these up and figure out how to have had a bundle these up and get to get people to go through or you'd give like we gave the uh... | ||
| You and I did the tour on the Transition Integrity Project where we called how they're going to steal the election back in July of 2020 because they told us how they're going to steal the election. | ||
| They weren't shy about it. | ||
| Mark Elias and these guys are pretty up front. | ||
| And then Time Magazine gave them a cover story afterwards. | ||
| They weren't shy about it. | ||
| Let me just be brutally frank. | ||
| Until we get our hands around what happened in Wuhan, there's no going forward. | ||
| Just like I get to the bottom of 3 November. | ||
| You're going to continue to have these mutations. | ||
| Omicron is just another mutation. | ||
| More transmissible. | ||
| Virulent, but obviously not as deadly. | ||
| But it's going to be more and more and more. | ||
| Until you get to the bottom, until you show the spine and the guts to do it, it's just going to continue on. | ||
| And you're not going to stop the Chinese Communist Party. | ||
| They see how they've brought the West to their knees. | ||
| They see how they've destroyed our economy. | ||
| All the growth you're seeing, all that, you're just throwing cash at it. | ||
| It's just a sugar high. | ||
| And today at this Federal Reserve meeting, we're going to have Navar on next. | ||
| You're going to start to see it. | ||
| Raheem, quickly, how do people get to you on Getter? | ||
| Because they've got to get your Getter feed. | ||
| I'm at Raheem Kassam. | ||
| Steve, the same thing that is happening to your monetary supply is happening to your science supply, right? | ||
| It's hyperinflation. | ||
| It's worth less now as a result of all of the stuff that they're pumping into that. | ||
| There's probably a better way to say it, but that's what's happening. | ||
| And, you know, in any logical scenario, we would be celebrating a variant like Omicron because we would be going, hey, great, this thing is actually harming people less. | ||
| And instead, we're using something like that, which we knew from day one that this would happen. | ||
| Instead of that, we're instilling fear in people because of it. | ||
| No, that's how you know the science is totally debased. | ||
| Scientism. | ||
| Raheem Hussain, thank you. | ||
| Thank you for taking time away today. | ||
| I know you were very busy to join us here, but we had to get all this work through. | ||
| Rahim Ghassan. | ||
| Incredibly horrible day in the United Kingdom, our mother country. | ||
| Englishmen and women giving up their freedoms. | ||
| A conservative government. | ||
| Understand that. | ||
| A conservative government. | ||
| Short commercial break. | ||
| When we're back, we're going to talk inflation. | ||
| We've got Dr. Peter Navarro next. | ||
|
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♪ Though in May his lowly morn is badness ♪ ♪ But a stable there, no crown but his head ♪ ♪ Secret a stable then, for though in manger lay ♪ ♪ And lowly morn of lowly May ♪ ♪ This day God's kingdom is begun and he is the Lord ♪ ♪ Then hail him King of wisdom, King of love and bliss ♪ | |
| ♪ For King in truth this baby is, the Savior of mankind is he, eternally. ♪ ♪ The lamps are glowing, for there is no dawn in light ♪ Oh, the stars are brightly glowing in the holy land tonight. | ||
| Who'll walk with me? | ||
| Not I, not I. Who'll walk with me? | ||
| Not I, not I. Oh, come now, oh, come now. | ||
| I mean look we can all attest to that. | ||
| We've seen it in different areas. | ||
| What does this report tell us? | ||
| I mean, these are the numbers that really quantify the gut punch for American consumers, right? | ||
| That gut punch that feels like it really peaked there in November. | ||
| 6.8% is a big number. | ||
| I mean, you're going all the way back to the 80s when, you know, Stevie Wonder and Ebony and Ivory was atop of the charts, right? | ||
| We were wearing clogs and satin jackets. | ||
| I mean, this is something we have not seen in modern times, numbers like this. | ||
| And you look at a line chart of inflation and you can see this is the worst in years and certainly the most meaningful price inflation we've seen In our recent memory, you strip out food and energy, and this growth rate is 4.9% year over year, and half a percent just for the month from October to November. | ||
| And it has been energy driving much of this. | ||
| You've seen that. | ||
| We've talked about gas prices, and those prices have been moderating in the past few weeks, which is why some economists are saying they think this might be the worst. | ||
| You can see that you had some really sharp core rates earlier in the year, and that appears like it might be moderating a little bit here. | ||
| We also know that the shortages, because of supply concerns, we're hearing from CEOs and we're hearing from the White House, we're hearing from supply chain managers that they're starting to see how those are going to work themselves out. | ||
| But demand is strong. | ||
| I mean, this is a sign of a really strong economy, guys. | ||
| People are rushing out all at the same time to buy the stuff they want after we've been in a huge pandemic. | ||
| What portion of this, Christine, are energy prices? | ||
| Gas, home heating oil, natural gas for home heating, because we know that that is trending downward, at least based on where the markets stand today. | ||
| Yeah, and that's rear view mirror. | ||
| I think it's a really good point that you're making there, Jim, because we know that this was, you had 30, 40, 50% increases in your energy costs year over year the last few months, and we know that that is now moderating. | ||
| So hopefully that energy part of inflation, consumer inflation, is not going to be as big of a deal heading into the end of the year. | ||
| Look, and the Fed is in inflation fighting mode right now. | ||
| They've dropped that word transitory or temporary. | ||
| They are preparing. | ||
| The Fed is the inflation fire. | ||
| It's not the White House. | ||
| It's not business. | ||
| It's the Fed. | ||
| And the Fed is in inflation-fighting mode. | ||
| Will be ending early, probably, a lot of its stimulus, and eventually will start raising interest rates. | ||
| Because it's a strong economy, they're going to have to tap on the brakes. | ||
| New data shows inflation is surging yet again, meaning American families are forced to make every dollar stretch even further. | ||
| As NBC News correspondent Jolene Kent reports, it all comes during a very challenging time. | ||
|
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With just 10 days left until Christmas, rising costs are hitting Americans hard during the busiest shopping season of the year. | |
| New data from the Labor Department shows one key measure of inflation, wholesale prices, skyrocketing nearly 10% compared to last year. | ||
| That's the fastest spike since the government started keeping track in 2010. | ||
| So what does it mean? | ||
| Your money isn't stretching as far. | ||
| The typical American is now spending a couple hundred dollars more a month than they were a year ago. | ||
| Last month, consumer prices rose almost 7%, the highest annual jump in nearly 40 years. | ||
| Gas prices have soared over the last year, and grocery essentials, from meat to fruits and vegetables, are higher too. | ||
| For example, now one pound of lean ground beef costs $5.77, up $1.20 from last year. | ||
| Teacher Jen Cassano says budgeting for her family of four is now more difficult. | ||
| My husband's working two to three jobs. | ||
| I'm working full-time and it just seems that like we're not able to really breathe right now. | ||
| And she's not alone. | ||
| 45% of American households say recent price hikes are causing financial hardship, and lower-income families are feeling it the most. | ||
| For many businesses, inflation means supplies cost more, and in some cases, they're forced to charge their customers more or lay off workers. | ||
| More than 70% of small business owners say rising prices have had a significant impact on their business in the past year. | ||
| All of it causing more stress this holiday season, already slowed down by supply chain constraints and huge consumer demand. | ||
| We're still just trying to get... The Federal Reserve Chair, Jay Powell, has said he will retire that word transitory. | ||
| It sounds like you are saying that word should not be used at all, period. | ||
| Yeah, I've been saying this for months. | ||
| The characterization of inflation as transitory is probably the worst inflation call in the history of the Federal Reserve. | ||
| And it results in a high probability of a policy mistake. | ||
| So the Fed must quickly, starting this week, regain control of the inflation narrative and regain its own credibility. | ||
| Otherwise, it will become a driver of higher inflation expectations that feed onto themselves. | ||
| Mohammed right there from from PIMCO is taking the credit for Dr. Peter Navarro by the Financial Times of London. | ||
| Inflation alert! | ||
| IMF urges UK to raise rates. | ||
| You see the right there UK rate of inflation and of course in the top European Central Bank tightrope rising inflation demands balancing act from Lagarde or Lagarde. | ||
| It's all happening as we told you was going to happen. | ||
| And the dumpster fire they brought on the country, and now they brought on the world, is before us. | ||
| And they're going to make a decision today to throw more napalm on it. | ||
| Of course, Mitch McConnell gave him two and a half, actually three trillion dollars. | ||
| I want to bring in the guy that called it first, Dr. Peter Navarro. | ||
| You call it a stagflation. | ||
| A year ago, about a year ago, sir, but now it's worse than that. | ||
| You called that, you said we're going to head toward... So the day's decision is either put us in a recession or continue to triple down and blow inflation up into the teens. | ||
| Dr. Navarro, am I correct on that? | ||
| Yeah, what was interesting with Christine Roman's segment on CNN was the spin there. | ||
| It's like they're blaming inflation now on the strong economy. | ||
| It's a really, really strong economy, when in fact a lot of the inflation that's going on Is policy induced, for example, our energy prices and therefore our food prices are going up because of decisions made by the Green New Deal Biden regime. | ||
| So, you know, that's toxic. | ||
| That's like like stagflationary pressures. | ||
| What Lorian said is right about the credibility. | ||
| Too bad he said it like 10 months after you and I discussed this, because we could have saved the Fed a lot of problems. | ||
| At two o'clock, the chairman of Fed, Jerome Powell, whenever he talks, usually the markets go down, by the way, he's going to basically say, yeah, we're going to continue this tapering and the underlying Philosophy there is that all of this stuff is transitory, that everything's going to be better down the road. | ||
| And there still doesn't seem any recognition, Steve, within the White House, at the Federal Reserve, and particularly on Capitol Hill, where they keep loading up these trillion-dollar spending bills, of the actual structural problem we're in. | ||
| Let me emphasize that, Steve. | ||
| When Trump came into office, for four years, all we did was spend time Solving the structural rot in our economy with tax cuts to attract investment, with deregulation to make us more competitive, with strategic energy dominance and oil import independence, and through, most of all, fair trade. | ||
| And by the way, throw in the increased defense spending. | ||
| If you unwind all of that, like Biden has, you get the stag parts. | ||
| of the equation just flat out. If you throw on top of that policy-induced errors such as the Biden energy policy, which is kind of a war on carbon. | ||
| Let's be clear about that. | ||
| And therefore, our food supply. | ||
| Remember, when people grow stuff in the ground, the fertilizer is almost all carbon-based, natural gas-based. | ||
| So energy prices go up because of Biden. | ||
| Food prices go up. | ||
| So we're in a pickle. | ||
| Don't forget my short goal as well, Steve. | ||
| You and I called a short on the market. | ||
| Over a month ago and since that time the market has not seen that peak again It's been doing a lot of volatility But but it could turn over and there's other people like Larry Summers now who are making a similar kind of short call So I guess you know who who should the investors listen to Bannon Birchgold and me | ||
| Or the financial news networks, and I think if you just look at the result, the answer to that's pretty clear. | ||
| The decisions today and what Mitch McConnell did in really giving these guys, and they raised it themselves, but Mitch McConnell gave them a hall pass to do it, two and a half trillion dollars additional between now, and think about that for a second, an additional two and a half trillion dollars between now and next year. | ||
| How does this impact the life of our audience? | ||
| You know, people, because we try to focus here on the things that are important, and today's important. | ||
| This administration, because of their reckless behaviors, jammed this country into a corner. | ||
| OK, how is this going to impact? | ||
| Decisions are being made today. | ||
| How is this going to impact the audience? | ||
| Yeah, well, I think, you know, we got like three, three broad groups of Americans out there, squarely in the middle. | ||
| Most of us were the deplorables, Main Street folks. | ||
| A lot of those folks don't have the luxury of pension funds or big nest eggs. | ||
| They live paycheck Paycheck to paycheck. | ||
| So if you're in a world where your wages are fixed and under pressure from two million people coming over the southern border, if your wages are basically stagnant to heading down and inflation's going up, then the phrase inflation is the cruelest tax really hits the deplorables. | ||
| So that's basically what's at stake. | ||
| And oh, by the way, When inflation hits corporations, what's the first thing they do, Steve? | ||
| They go with robotics, right? | ||
| So they put even more people out of work. | ||
| So that's us, right? | ||
| That's the deplorables. | ||
| That's your audience, right? | ||
| Then you've got a group of people who are hardcore I disagree with you on the second. | ||
| off the government dole who are quite content to pick up a welfare check, food stamps, that and the other thing. They don't have the work ethic of the deplorables so they support that agenda and of course the big villains, the big villains are the Wall Street party of Davos. But I just I disagree with you on the second. I think those people are ripe. They're getting tip money. | ||
| This is not a way to live. | ||
| Look, hang on for a second. | ||
| Let me at least hit the corporations. | ||
| Before you do that, let me give you signal, not noise. | ||
| You've got the fog of war there. | ||
| hit corporations and the globalists. Yeah. No, but hang on, hang on, hang on. Before, before you do that, let me give you a signal, not noise. You've got the fog of war there. I'm going to give you some clarity. I've got to every now and again go across the river and get you economics, theories of reality. | ||
| You have two choices here. | ||
| There's two choices, ladies and gentlemen. | ||
| This is how it's going to impact your life. | ||
| The inflation's either going to come and it's going to continue to be runaway and they're not going to come to grips with it, which is a cruel tax on you. | ||
| It's going to be double-digit tax. | ||
| Your wages are not going to go up. | ||
| The food's going to be out. | ||
| Every day I go on the sites and look at this, and people say, you don't realize how we're hurting. | ||
| We understand you're hurting, and it's because of this double-digit unfair tax. | ||
| Or, to taper, to shut it down, they're going to kick us into recession, and you're going to get laid off, and your wages are going to get cut. | ||
| The Biden administration, the illegitimate regime, has put us in a corner. | ||
| And either choice is terrible because it's going to be in the backs of the working class. | ||
| The fat cats in the Hamptons, the people that financed this takeover, they're not going to be impacted at all. | ||
| They could care less. | ||
| Those are the people who benefit. | ||
| The people who have enhanced their risk are the ones that benefit. | ||
| Stick to the break and I'm going to give you some more notes in the break so that you can sound in the back of the theater. | ||
| You're not on the show for three or four days. | ||
| You didn't explain to me how AOC is in office without the support of those folks in that other class I was talking about. | ||
| And we'll come to Jesus on that, brother. | ||
| Because something's rotten when AOC's in Congress, okay? | ||
| Short commercial break. | ||
| Short commercial break. | ||
| Back with Navarro in a moment. | ||
|
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and hail him King of wisdom, King of love and bliss, for King in truth is, baby, is the Savior of mankind, is he eternally. | |
| ...monitors us. | ||
| Censors us. | ||
| Deplatforms us. | ||
| Conservatives have been helpless to do anything about it until now. | ||
| Join Getter, the social media platform that supports free speech and opposes cancel culture. | ||
| On Getter, you You can express your political beliefs without fear of Silicon Valley liberals coming after you. | ||
| Getter is led by former Trump advisor and War Room co-host Jason Miller, who saw what big tech did to President Trump and decided to fight back. | ||
| Getter is the fastest growing social media platform in history, with 2 million users, including prominent conservatives like Mike Pompeo, Marjorie Taylor Greene, and Steve Bannon. | ||
| Join Getter. | ||
| It's in the App Store. | ||
| The Google Play Store and at Getter.com. | ||
| Longer posts, longer videos, sharper and clearer pictures. | ||
| And unlike the Silicon Valley oligarchs, Getter will never sell your data. | ||
| Send a message today. | ||
| Join Getter. | ||
| It's time to cancel cancel culture. | ||
| It's no longer just who gets to vote or making it easy for eligible people to vote. | ||
|
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It's about who gets to count the vote and whether your vote counts at all. | |
| Okay, he said it right there. | ||
| We started the show with this. | ||
| NBC News. | ||
| Breaking news, ladies and gentlemen, from the National Broadcast Corporation, NBC. | ||
| Senate expected to shelve the Build Back Better bill and move immediately forward and aggressively on voting rights. | ||
| We told you that this is what Mitch McConnell's brought upon us. | ||
| I told you this was going to happen. | ||
| He gave them three trillion dollars, and now he's giving them a pathway to federalize all these elections, which is the only way they can win, and they understand that. | ||
| They understand. | ||
| They've seen the polling. | ||
| These are not dumb people. | ||
| These are cunning and crafty people. | ||
| You can see this a mile away. | ||
| Rick Scott and the people in the Senate ought to have a conference meeting today and they ought to take the leadership away from Mitch McConnell. | ||
| And if they don't do it, the war room posse is going to force them to do it. | ||
| Mark my words, his day is over and the big donors of the Republican Party that have had his back had better step up and get rid of this guy today. | ||
| Let me repeat that. | ||
| NBC News, I told you this was going to happen. | ||
| Expected to shelve the Build Back Better bill. | ||
| Well, at least we killed that. | ||
| But moving forward aggressively now on voting rights, which is the whole system they've got to federalize the elections, to put their process in so they get to count the votes. | ||
| No, you will not count the votes. | ||
| We're going to count the votes and we're going to count them fairly. | ||
| Every legal, legitimate, chain of custody, certifiable from an American citizen vote must count, must count, and let the chips fall where they may. | ||
| But we're not doing your deal. | ||
| We're not doing this mail-in crap again. | ||
| We're not going to do the machines again. | ||
| We're not going to do any of that crap. | ||
| Okay? | ||
| Not going to happen. | ||
| Will not happen. | ||
| We will not allow that to happen. | ||
| Dr. Peter, not now? | ||
| Because they also got to avert your attention away from the dumpster fire that they're making your life. | ||
| If you're out in the audience and you can't pay for the food, that you can't pay for gifts now. | ||
| One, they're not on the shelves. | ||
| Two, I got to make a choice between putting a full tank of gas or putting food on the table. | ||
| You heard the woman there, I got a husband working two and three jobs? | ||
| This is what this illegitimate elections have consequences, and stolen elections have catastrophic consequences, and America, welcome to your catastrophe. | ||
| Brought to you by the oligarchs in Silicon Valley, the media titans, the woke corporations, and yes, Republicans, all the tax cuts and all the deregulation you gave them forever, you created the Frankenstein monster. | ||
| Dr. Peter Navarro. | ||
| Steve, if you don't want to take the victory lap, at least let the War Room Posse take the victory lap. | ||
| It's because of the War Room Posse that that Build Back Bankrupt thing is now dead in the Senate. | ||
| You and the War Room Posse did that. | ||
| That's really good news. | ||
| If they want to go over it after this election issue, Let's say a couple of things here. | ||
| First of all, that's a Republican issue. | ||
| It's the Republicans that are so pissed off about the fact that the election was outright stolen from them. | ||
| And if they want to stir that pot up, it's going to stir the Republicans up and energize the Republicans a heck of a lot more than the Democrats. | ||
| And by the way, I don't think you can use budget reconciliation to pass a voting bill That's got nothing to do with the budget, so that means they're going to have to do it the old-fashioned way. | ||
| And in the Senate, if there's a single Republican that switches sides on that and supports the Shumerites and the Pelosiites, that's going to even be more of a revolution. | ||
| And let me give you an amen and a hallelujah. | ||
| It's time for Mitch McConnell to get the hell out of leadership there. | ||
| He is not leading anything other than Then us down a pathway to Democratic ruin. | ||
| And shame on Mitch McConnell. | ||
| We had him on the ropes. | ||
| You and the war room posse had Joe Biden on the ropes. | ||
| Mitch McConnell let him up. | ||
| He gave him oxygen. | ||
| He gave the Democrats oxygen. | ||
| This fight will continue. | ||
| And by the way, by the time January and February rolls around, we're going to know even more. | ||
| It's the canvas, not the counters. | ||
| We learn more from Arizona. | ||
| From Georgia, from Wisconsin, and by the way, the new cesspool of Pennsylvania, we are going to get to the bottom of this. | ||
| So I say bring on this fight over federalization of elections, because the American people are going to want no part of that, Steve. | ||
| Peter Navarro, how do people get to you on Getter? | ||
| Getter's on fire right now. | ||
| By the way, everybody's going to get canceled everywhere, so you better get on Getter. | ||
| How do they follow you, Peter? | ||
| Because you're on fire on that platform. | ||
| It is absolutely the Twitter killer. | ||
| It's real pinovaro. | ||
| Check it out. | ||
| It announces the episode 5 of the In Trump Time podcast. | ||
| Go check it out. | ||
| By the way, go to Amazon and give it a review. | ||
| I think you're over 1,000, like 1,100 reviews. | ||
| I think you're five stars. | ||
| The reviews are unbelievable. | ||
| Don't believe me, go to Amazon, check out the reviews in the book. | ||
| You want to get it, you want to get into the Oval Office and see what really happened, go to Peter Navarro. | ||
| Dr. Navarro, thank you very much. | ||
| Honored to have you on here, sir. | ||
| Glad you were better in the second set. | ||
| Always an honor, sir. | ||
| Take a victory lap today, just for a minute. | ||
| Glad you're a better guest in the second segment than you were in the first. | ||
|
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Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha Don't steal my punchlines and I'll do fine, baby. | |
| You can steal my ideas, just not my punchline, okay? | ||
| We would appreciate it. | ||
| We're back here at 5. | ||
| We appreciate it. | ||
| MyPillow.com. | ||
| Go look for some potential holiday shopping. | ||
| Promo Code War Room. | ||
| MyPillow.com. | ||
| Promo Code War Room. | ||
| We're going to leave you with some great music. | ||
| We want to thank our music director. | ||
| I think we put part of the playlist up last night. | ||
| We're going to put another one up tomorrow. | ||
|
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We'll see you back here at 5 o'clock. | |
| Thank you for watching! | ||
| Please subscribe to our channel. | ||
| We'll see you back here at 5 o'clock. | ||
| Secret a stable then, For though in manger lay, And lowly born of lowly maid, This day God's kingdom is begun, And he is the Lord. |
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