Dec. 28, 2021 - Bannon's War Room
48:57
Participants
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| Speaker | Time | Text |
|---|---|---|
|
unidentified
|
Dr. Schaffner, let's talk through this. | |
| Once again, as a CDC advisor, specifically, you said damned if you do, damned if you don't, right? | ||
| If you're in the CDC. | ||
| You want to simplify things, we're talking about economic ramifications here, healthcare industry ramifications as well. | ||
| What about the idea, if you want to simplify things, of mandating vaccines when it comes to air travel? | ||
| Has that been talked about? | ||
| Is that something that is in the pipeline going forward? | ||
| Well, I don't know whether it's in the pipeline, Yasmin, but mandating, requiring, obliging people to be vaccinated in public circumstances is certainly something they're doing in Europe. | ||
| And what I've thought we ought to think about more seriously here in the United States, because the people we're most concerned about regarding hospitalizations continue to be unvaccinated persons. | ||
| They are the ones that are stressing the health care system. | ||
| And if we could oblige people to be vaccinated under certain public circumstances, to go to restaurants, to get on airplanes and the like, I think we might improve our control of not only Omicron, but COVID generally. | ||
| So is that something, Dr. Schaffner, I just want to get you on the record here as a CDC advisor, that is being talked about within the CDC to mandate vaccines for air travel to get more folks vaccinated and to simplify things? | ||
| Well, I advise the CDC on vaccine-related issues, but not mandates. | ||
| And so, I'm sure that's the sort of thing that is under discussion. | ||
| I'm not part of those discussions, and I have no idea whether they are in the pipeline or have been put aside. | ||
| Do you know how quickly, Dr. Schaffner, they decided to reduce this isolation period from 10 to 5 days? | ||
| How those meetings went? | ||
| Again, those are not meetings that I'm part of, but I think those have been ongoing daily meetings with discussions going on for several weeks. | ||
| They were suggesting that there really isn't much of a need for a mask on an airplane. | ||
| Are we going to get to the point where we won't have to wear masks on airplanes? | ||
| I don't think so. | ||
| I think when you're dealing with a closed space, even though the filtration is good, that you want to go that extra step. | ||
|
unidentified
|
Let me ask you about something else from the president's interview with David. | |
| David asked about the vaccine, the lack of a vaccine requirement for air travel. | ||
| There is no vaccine requirement for domestic air travel in the United States. | ||
| And when the president was asked, should there be one, he said that his team has said it's not necessary at this point. | ||
| Do you agree with that? | ||
| That there shouldn't be a vaccine requirement for domestic air travel? | ||
| Well, it depends on what you want to use it for. | ||
| I mean, vaccine requirements for people coming in from other countries is to prevent newly infected people from getting into the country. | ||
| A vaccine requirement for a person getting on the plane is just another level of Getting people to have a mechanism that would spur them to get vaccinated. | ||
| Namely, you can't get on a plane unless you're vaccinated, which is just another one of the ways of getting requirements, whatever that might be. | ||
|
unidentified
|
There is no federal solution. | |
| This gets solved. | ||
| I want to thank the governors for their partnership, and I mean that sincerely. | ||
| With that, I'm going to turn it back over to Jeff, and I understand you guys may have some questions. | ||
|
unidentified
|
Yeah. | |
| Good. | ||
| I think we're going to clear the press first. | ||
| Let's talk about what happened today with Joe Biden along with the first lady Jill Biden visiting Children's National Medical Center here in Washington. | ||
| He spoke with kids around the country as part of a Santa Tracker event. | ||
| In one specific phone call, a father of four named Jared made it awkward and political, and just listen to this. | ||
| By the way, you guys have to be in bed by 9 o'clock, you know, and asleep between 9 and 12, or he doesn't show up. | ||
|
unidentified
|
This isn't to you, Jared. | |
| This is to the kids. | ||
| That's right. | ||
| I hope you have a wonderful Christmas. | ||
|
unidentified
|
Yeah, I hope you guys have a wonderful Christmas as well. | |
| Merry Christmas, and let's go, Brandon. | ||
| Let's go, Brandon. | ||
| I agree. | ||
|
unidentified
|
Let's go, Brandon. | |
| For those who don't know, his slang for F Joe Biden. | ||
| Ron, the president is trying to be nice to kids. | ||
| He doesn't really have to do this. | ||
| They were very pleasant. | ||
| What does it tell you that somebody is rude like that and disrespects the office of the president to his face about the political climate in this country? | ||
| Yeah, look, you know, it's ungracious, it's juvenile, it's reprehensible by the father. | ||
| But I don't think it's fundamentally about incivility. | ||
| I think it is fundamentally about insurrection. | ||
| You know, I don't know the individual, but the whole let's-go-Brandon kind of motif is a reflection of the view, two-thirds of the Republican base, driven by Trump's claims, false claims and the big lie that Biden is an illegitimate president. | ||
| And it reflects as well the findings in multiple polls by the American Enterprise Institute, Vanderbilt University, and others, that a majority of Republican voters now say the American way of life is disappearing so fast, the traditional American way of life, that we may have to use force to save it. | ||
| I think you're seeing this is a manifestation, not just of incivility, but of the fundamental view of the illegitimacy and the ominous shores that we're kind of sailing toward very quickly I hope you guys have a wonderful Christmas as well. | ||
| Merry Christmas and let's go, Brandon. | ||
| Let's go, Brandon. | ||
| and ask you about an unsettling exchange President Biden had on Christmas Eve. | ||
| He was speaking to families, updating them on Santa's progress, something we see that the president do typically every Christmas. | ||
| And then one father who was calling in had this to say. Let's watch. | ||
|
unidentified
|
I hope you guys have a wonderful Christmas as well. | |
| Merry Christmas and let's go, Brandon. | ||
| Let's go, Brandon. I agree. | ||
| Congressman, I mean, that phrase, as you know, is right wing code for blank Joe Biden. | ||
| That father then joined Steve Bannon on his show to elaborate. | ||
| Let's listen to that. | ||
|
unidentified
|
Donald Trump is my president, and he should still be president right now. | |
| The election was 100% stolen. | ||
| I mean, what does that tell you about where we're at right now in terms of the political dialogue in this country? | ||
|
unidentified
|
It gets to my earlier point, right? | |
| I mean, this is a deep, deep sickness in our democracy. | ||
| And I don't know how you address it. | ||
| You asked me whether the specifics of what happened in the Willard would matter. | ||
| There's not a shred of evidence out there that this election was stolen. | ||
| And in fact, court after court after court and commission after commission after commission has said, no, it's not. | ||
| And yet you get guys like this. | ||
| I mean, set aside the basic indecency, set aside what it says about our country, that people talking to the President of the United States can't put aside their petty grudges to behave with some respect. | ||
| This is a cancer. | ||
| This is a deep, deep cancer on our democracy, Jim. | ||
| And I really worry about what that means for 2024 and beyond. | ||
| And what about Steve Bannon? | ||
| I mean, you know, he's trying to overturn the election from the Willard Hotel War Room. | ||
| He's fighting the committee's investigation. | ||
| And he's still using this podcast to, you know, pump out Trump's big lie and have people on who are spouting the big lie. | ||
| How big of a problem is that for getting to the bottom of what happened on January 6th and protecting this democracy, as you were saying? | ||
|
unidentified
|
It's a huge problem. It's a huge problem. I mean, again, you know, I watched so many of my Republican colleagues in the House spend a year prior to the election casting doubt on whether the election would be fair. And then even though they know the election was fair, they say, oh, well, look at that. People out there doubted it. And therefore, because they doubt it, by the way, they doubt it because you spread a great deal of doubt and anxiety about it. | |
| And of course, Bannon continues to do exactly the same thing. | ||
| Now why does he do it? | ||
| Look, some of these people do this because it's how they stay famous. | ||
| Some of them do it because they make an awful lot of money scamming people, and of course, you know, Steve Bannon had to be pardoned for that. | ||
| But it's deeply corrosive to our democracy. | ||
| Welcome, you're in the War Room. | ||
| It's Tuesday, the 28th of December, the year of our Lord 2021, now with over, what, 125 million downloads. | ||
| Here's what's corrosive, and here's how we're going to figure it out, and here's what the cancer is. | ||
| The cancer is this apparatus that continues to, how do I say this, so recklessly, unprofessionally, try to direct this country. | ||
| When it has no legitimacy at its core. | ||
| I'm sorry you don't like, Congressman, that you say not a shred of evidence. | ||
| Well, we'll see. | ||
| We'll see in the Commonwealth of Pennsylvania and in Georgia and in Arizona and in Wisconsin, as we grind through the courts and grind through the state legislatures, as the rules are set up, where the shreds of evidence are. | ||
| OK, we understand that Joe Biden and you just got to embrace this. | ||
| He's not legitimate. | ||
| This is one of the critical reasons. | ||
| And we said this from the very beginning on our New Year's Eve show we're going to go back to the very beginning on the 20th of January and show that we said from day one when we start to highlight his illegitimacy he will start to bleed out political capital. | ||
| Once he bleeds out political capital they'll be making all kind of mistakes and this regime will collapse and that's what's happening. | ||
| And CNN and MSNBC and Himes and all these guys can pull their hair out and set their hair on fire. | ||
| We're going to have a sweeping massive victory. | ||
| Sweeping massive victory in 2022 and throw you guys into the dustbin of history. | ||
| Okay, that's what you don't like. | ||
| That's what you're crying about. | ||
| That's why you all these guys are quitting. | ||
| It's very evident. | ||
| And here's the thing. | ||
| You're so hapless and reckless and feckless, right? | ||
| Right now, this thing, how they're trying to deal with Omicron is so amazingly unprofessional. | ||
| Even to the right hand doesn't know what the left hand's doing. | ||
| One group says one thing, another group says the other thing. | ||
| And here, you got it right now in the Wall Street Journal today. | ||
| I don't have my beloved FT because it's not printing today. | ||
| But the lead story here on the Wall Street Journal, right? | ||
| Another Murdoch publication. | ||
| Economic forecast slide as Omicron takes toll. | ||
| This is why they're coming up. | ||
| They're changing the rules with no science, no data, no evidence that, hey, it's only four days or five days in quarantine, not 14 days. | ||
| They can't back up anything with evidence. | ||
| They put up random requirements. | ||
| Right? | ||
| And now they're changing because the internal numbers, and I've told this audience this now for weeks, what they're going to do is come back and cry and whine and say we need another massive stimulus. | ||
| Forget Build Back Better, forget infrastructure, all this crap they're trying to get you to pay for, they're going to say we need another, another massive stimulus because Omicron came. | ||
| And yet we know they knew about it. | ||
| They knew it was going to come. | ||
| They knew there were these mutations. | ||
| They knew in September and October, right? | ||
| They did nothing about it. | ||
| This test is nothing. | ||
|
unidentified
|
It's 500. | |
| They haven't signed the contract yet. | ||
| We don't know if we're going to get them in late January and everybody in America is going to get one test. | ||
| You got to test every day. | ||
| This is totally and completely absurd. | ||
| It's a complete and total meltdown. | ||
| They're driving the country into the ground. | ||
| You have the greatest cities in the world now in New York City, Washington, D.C. | ||
| going to go through full essential lockdowns. | ||
| They're trying to other the unvaccinated and not the anti-vaccine. | ||
| I'm talking about vaccine hesitant and vaccine resistant people because they're saying, hey, well, isn't Omicron the way to get that nature's vaccine? | ||
| Isn't isn't this a possibility to get to herd immunity? | ||
| And they're tripling down, tripling down every day with this blood force instrument. | ||
| And I do not care. | ||
| By the way, one brave Christian man had the had the basic stones to tell Joe Biden to his face. | ||
| And he said, yeah, yeah, he repeats it. | ||
| He repeats it. | ||
| Why didn't CNN and MSNBC play that? | ||
| The clown repeats it. | ||
| That's the organizing philosophy here. | ||
| You guys went after Trump, and I never whined about that. | ||
| If you want to go after Trump, go after Trump. | ||
|
unidentified
|
You went after Trump for all four years, right? | |
| You had Robert De Niro up there singing it on Broadway for the Tony Awards. | ||
| F. Donald Trump. | ||
| Oh, it was great, didn't you? | ||
| High five, and it's great. | ||
| Hey, guess what? | ||
| Our organizing philosophy is to stop you. | ||
| I said on January 20th. | ||
| It's to kill it in the crib, okay? | ||
| No, you're an illegitimate regime, and we're proud of this. | ||
| And here's why we're proud of it. | ||
| Your numbers are the worst numbers in political history. | ||
| The American people, and here the independents are the proxy. | ||
| That Gallup poll yesterday that shows Biden below Harris, as far as approval. | ||
| Look at the crosstabs. | ||
| They talk about Roberts, you look at the crosstabs on Fauci. | ||
| Independents, 48%, I put this up on Gitter last night. | ||
| The American people see what a phony he is, how dangerous he is. | ||
| You got Rand Paul, we're gonna have Naomi Wolf here. | ||
| Rand Paul's calling him out. | ||
| Rand Paul said he's responsible for all the deaths. | ||
| Okay, this is, I want to put this in summary and put a nice bow on it. | ||
| To quote my favorite naval hero, and I have many, the great John Paul Jones, Hines, Acosta, Brownstein of the Atlantic, all you guys, we have not yet begun to fight, okay? | ||
| We're going to drive you out of this city at the ballot box. | ||
| You're going to lose 100 seats, and we're going to govern for 100 years. | ||
| And it's going to be an inclusive nationalism. | ||
| Working class Hispanics, African Americans, Chinese Americans, Asian Americans, okay? | ||
| The working class, the middle class, to throw you bums out and not allow you to destroy this nation any more than you've destroyed it so far. | ||
| We're going to stop you dead in your tracks because you're reckless, you're radical, you're feckless, you're hapless, you're incompetent. | ||
| You're in the War Room. | ||
| We're going to go now to the Federal Reserve and talk about how they are crushing you. | ||
| Jason Trena joins us next in the War Room. | ||
|
unidentified
|
and rally round with the word the Lord is come. He will appear to peace, for the Lord is on the way. | |
| He will appear to peace, for the Lord is on the way. | ||
| Merry Christmas. | ||
| Welcome back. | ||
| It's Tuesday, 28 December, the year of our Lord 2021. | ||
| You know, I do feel, I do feel badly on these rants over this magnificent Christmas music. | ||
| As soon as I hear the music come up, I try to throttle it back. | ||
| You gotta remember when John Paul Jones said that. | ||
| John Paul Jones, that's the one the British, the Royal Naval Officer offered John Paul Jones, you know, his mast had been shot away. | ||
| It looked like, was it the bone hum? | ||
| Rashard was, you know, just completely on fire, gun smoke everywhere. | ||
| And they offered him, you know, do you want to surrender and he goes no I've not yet begun to fight and they won Right, you got a couple of key shots right into the into the into the was it the surface? | ||
| The couple of key shots right into it and turn the whole thing around That was us on 20 January This audience was The group that stood in the breach That's why we've turned this thing around. | ||
| And now we're picking up momentum every day. | ||
| But it's got to be about the policies. | ||
| It's just not about winning. | ||
| It's about how you're going to govern. | ||
| So the reason I have Boris in here in the second hour about Mark Elias. | ||
| And because all the guys Democrats are, you know, Mark Elias is tweeting it out. | ||
| You know, I'm not interested. | ||
| Bannon loves me. | ||
| I'm not interested in working for Bannon. | ||
| No, dude. | ||
| I like fighters and I like people who know how to fight. | ||
| And you know how to fight, okay? | ||
| I fully admit that. | ||
| You know how to fight. | ||
| And quite frankly, you've done a good job of stealing these elections with all votes count, all votes don't count. | ||
| Only legal, legitimate, certifiable, chain of custody votes count. | ||
| That gets down to the nub of it. | ||
| That's what's happening in Wisconsin now. | ||
| That's what's still out in Arizona. | ||
| That's what's going on in the Commonwealth of Pennsylvania with Jake Corman and the team. | ||
| More of that later. | ||
| I've got to pivot. | ||
| So we're going to give you signal, not noise. | ||
| Big league signal. | ||
| And I need this up on Getter. | ||
| I need it on all of our platforms. | ||
| I need it in Telegram. | ||
| I need it everywhere. | ||
| And a lot of people are not going to understand this, and you're not supposed to understand all of it, but you got to read it and just start, maybe reread it. | ||
| One of the most important articles out there, and I pride myself on reading everything throughout the world. | ||
| One of the most important articles came in Politico, the Politico magazine today, under the history department. | ||
| The Fed's doomsday prophet has a dire warning about where we're headed. | ||
| Okay? | ||
| Has a dire warning about where we're headed. | ||
| About a guy named Thomas Honig. | ||
| A guy that was on the Federal Reserve. | ||
| I'm going to bring in Jason Trennett right now about why this is important. | ||
| I've gone around and given these talks for years, that on September 17th, after Lehman Brothers went bankrupt, September 17th, I think it was, of 2008, in the Oval Office, when Bernanke and Hank Paulson walked in to talk to George Bush about, hey, if we don't have a trillion dollars cash money by the close of business that day, I think it was a Thursday, if we don't have a... Lehman had gone bankrupt on Monday, in London. | ||
| If we don't have a, because the commercial paper market froze, if we don't have 1 trillion dollars, and that's back, by the way, when 1 trillion dollars meant something, 1 trillion dollars cash money by 5 o'clock today, the close of market, the American financial system will melt down in 72 hours, and the world financial system in 48 hours. | ||
| Hitler, Mussolini, the military haunting Japan, the Soviets, our greatest enemies of our nation's history had not done what we had done to ourselves. | ||
| Okay, I said, and I've said this for years, a fuse was lit when Bush kicked it up to the go-to-seat Pelosi and the people up at the House and the Senate too. | ||
| A fuse was lit in that Oval Office on September 17th of 2008 that went off, the TNT, the explosives went off on November 8th of 2016 with the election of Donald J. Trump. | ||
| That that entire period was what the Federal Reserve, and the elites in this country, I say Federal Reserve, they're just the execution department for the banks, for Wall Street, and for the people that run the system. | ||
| And this is not conspiracies. | ||
| I understand people got all this stuff, and people are doing this, doing that. | ||
| The important thing, this is the way the system works. | ||
| This drives your life. | ||
| This city, Washington D.C., is about two things, money and power. | ||
| Money and power. | ||
| I would love to have it be about the Constitution. | ||
| I would love to have it be about philosophy of governing. | ||
| That's all in the foreground. | ||
| All the noise you see every day on Fox, these other things, that's all pro-wrestling. | ||
| That's WWE down in front to make sure the masses are entertained. | ||
| That's not what drives things. | ||
| This is what drives things, okay? | ||
| This is about, and this article sums up, it says, between that day in the Oval Office, with Bush shortly, and then Obama, $3.5 trillion of money was printed. | ||
| And it's led to an asset inflation, and it's led to inflation inflation, price and cost inflation. | ||
| I'll bring in Jason Trennard. | ||
| Jason Trennard is a voice in the wilderness. | ||
| And I gotta say, he's my mentor in a lot of this stuff. | ||
| And I thought I was pretty smart coming out of HBS and Goldman, but Jason actually knows the capital markets far better than I do, because I'm not a capital markets guy, I'm an M&A guy. | ||
| But he schooled me in this very early on. | ||
| Jason Trenner, talk to me about this article. | ||
| This is a seminal piece in this book that's coming out in January about how the Federal Reserve has destroyed easy money. | ||
| Easy money has negative interest rates, zero interest rates. | ||
| The printing of money has destroyed the American economy, the real American economy, and it's all been put on the shoulders of the deplorables and the deplorables' children and grandchildren. | ||
| And it's coming, ladies and gentlemen. | ||
| Jason Trennert, can you tell us what this article says and what the danger is? | ||
| It gets into the fact that all the easy decisions we have had, the choices we had, are behind us. | ||
| There ain't no easy decisions now. | ||
| Jason Trennert. | ||
|
unidentified
|
Right. | |
| So, Steve, thank you so much for having me on. | ||
| Listen, I think the basics of this article are that there is no free lunch. | ||
| And what it highlights is the fact that before Bear Stearns failed, the assets on the Fed's balance sheet were $800 billion. | ||
| After, you know, several years later, you were at about $4 trillion. | ||
| And now, after the pandemic, believe it or not, you're at $9 trillion, which is the Fed has largely created at its thin air. | ||
| When Donald Trump... $800 billion, okay, and when Bear Stearns failed, $800 billion, and then Lehman later. | ||
| When Donald Trump raised his hand to take the oath of office on the 20th of January of 2017, it was $4.5 trillion, correct sir? | ||
| That's Obama. | ||
| These progressives, the most progressive, and they never want to talk about it, the most progressive. | ||
| Bernie Sanders, suck on this. | ||
| Elizabeth Warren, suck on this. | ||
| The most progressive guy in American history had the greatest concentration of wealth. | ||
| He saved the system by flooding the zone with cash to bail out the elites. | ||
| Is that correct, Jason Trennard? | ||
|
unidentified
|
Yeah, and the great irony, of course, is that it greatly benefited the wealthiest people in the country. | |
| To the exclusion of just ordinary regular folks and savers. | ||
| So generally speaking, what happened is that if you were just a regular guy with a savings account, you got 0% on your money, while the stock market galloped higher, and actually bond yields declined. | ||
| So if you had financial assets, you were wealthy enough, lucky enough to have financial assets, you did extraordinarily well. | ||
| If you were Again, just someone who plotted along and saved, maybe didn't have enough money to have a lot of money in speculative assets, you got screwed. | ||
| You actually got a negative real return, which is a return that is less than the rate of inflation. Richard Fischer, a guy like Honegg, who is a governor in Dallas, he said in the minutes, if you go read the minutes, he said the working class and middle class are going to pay for this. The negative interest rates is a tax on them. They're not going to have any money in their... | ||
| They're going to have no juice. | ||
| The money market account, no juice. | ||
| The checking account, no juice. | ||
| There's no chance for capital formation. | ||
| You're going to benefit the wealthy on the backs of the deplorables. | ||
| Was that correct, Jason Trenner? | ||
|
unidentified
|
Yeah, it's exactly correct. | |
| There was a congressional hearing in which Senator Toomey was asking Bernanke at the time, Chairman Bernanke, and Senator Toomey very, I think, very poignantly asked, you know, what do you say to the average person That didn't buy a house they couldn't afford or takes the kids to Hershey, Pennsylvania, as opposed to to Disneyland that lives within their means. | ||
| What do you say to them who are getting zero percent on their interest? | ||
| And Bernanke paused for a second. | ||
| He said, well, they should just take more risk. | ||
| And that was the plan. | ||
| And the irony of all this is that I am convinced that it led to the political earthquakes of both Brexit and Donald Trump winning the election, that it was at minimum a contributing factor because the middle class continued to get hollowed out in that process. | ||
| It was already beginning to be hollowed out because of our absurd trade policies, but it continued to get hollowed out by our monetary policy, which enriched the wealthiest people in society at the expense of the middle class. | ||
| Who is trying to do the best they could, do everything the right way. | ||
| Jason, can you hang on one second? | ||
| I want to just hold you through the break. | ||
| Jason Turner, one of the smartest guys on Wall Street, CEO strategist. | ||
| This is central. | ||
| We're going to learn everybody up. | ||
| We're going to school you up on this because right now the doubling, tripling down, this goes back to, we're gonna take a lot of time in the new year to walk through this. | ||
| This is why without Paul Volcker, there's no Ronald Reagan. | ||
| Okay, we've gone through this before. | ||
| The scary thing now, as Jason Turner just said, we have $9 trillion on the balance sheet. | ||
| That's not included, it's not even included in the $28 trillion of debt. | ||
| And they're looking to double and triple and quadruple down right now. | ||
| to destroy you economically and financially. | ||
| This ain't a conspiracy. | ||
|
unidentified
|
This is the way the system works. | |
| We're going to take it apart and look at all its pieces next in the War Room. | ||
|
unidentified
|
The crowd beneath, said every leader, rally now, with the word the Lord is come. He will lead the peace, though the Lord is on the way. | |
| Christmas Night! | ||
| Tuesday, December. | ||
| We're counting down to the end of the year. | ||
| A historic year. | ||
| MAGA's greatest year. | ||
| Greater than 16. | ||
| Greater than 16. | ||
| Divine Providence works in mysterious ways. | ||
| But we've got a lot of work ahead of us. | ||
| By the way, the great Jack Posobiec, watching the show this morning, Jack Posobiec reminds me, because Jack Posobiec is a naval officer, John Paul Jones took Her Majesty's ship, the Serapis, in British waters. | ||
| And it's what made the French come to the side of the Americans. | ||
| You know why? | ||
| They realized we're serious people. | ||
| The Royal Navy is the greatest institution the Brits ever built, the greatest navy in the world. | ||
| And we took them on in their home waters and won John Paul Jones, who was Scottish. | ||
| John Paul Jones fighting for the Americans as an American. | ||
| And the French realized we're serious people. | ||
| You're serious people that watch this show. | ||
| This audience is serious. | ||
| That's why every night you've got clips on from all the other shows and the papers all over it. | ||
| They understand. | ||
| You're the vanguard. | ||
| You're the vanguard of stopping all this madness. | ||
| And it's madness that's totally out of control. | ||
| Jason Trenner, this article in Politico about a hero, Thomas Hoenig, who had been preaching this gospel of not easy money for years. | ||
| Jason, I'm going to have you back on so we can go into this in more depth and explain it as a tutorial, but for people right now, understand there's $9 trillion on the Fed's balance sheet, and Biden and these guys just want more easy money. | ||
| I mean, if you look at the spending, and here's what they're doing, and the Wall Street Journal says today, just remember this, I'm going to give you a signal, not noise. | ||
| I've said this for a while. | ||
| The economic forecast slide as Omicron takes a toll. | ||
| They're going to blame Omicron for everything and they're going to come back with another stimulus package. | ||
| Not just BBB and the infrastructure and all this madness. | ||
| In the continual resolution in the debt ceiling fight, right, which McConnell, this is why he's got to go. | ||
| He gave him the headroom to do this. | ||
| They're going to come back and ask for another stimulus package and the middle class and working class of every race, ethnicity, Listen, I believe inflation, the only thing that will stop them is inflation, is going to become, it already is, a massive political issue in the 2022 midterm elections. | ||
| But I think you're absolutely right. | ||
| run the Republican Party, the Unit Party, paymasters. | ||
| Jason Trennert. | ||
|
unidentified
|
Listen, I believe inflation, the only thing that will stop them is inflation is going to become, it already is, a massive political issue in the 2022 midterm elections. | |
| But I think you're absolutely right. | ||
| The plan is largely to issue more debt and have the Fed monetize it, which is another way of saying have Fed pay for it by increasing the size of their balance sheet. | ||
| The only problem is that right now you're getting mugged. | ||
| The Biden administration is getting mugged by reality because it is resulting in inflation in goods as well as inflation in assets. | ||
| And so the average person is not only just worse off. | ||
| They weren't in particularly great shape before. | ||
| But they're worse off now because not only are they not participating in asset price inflation, they're having to pay more for the things they need to get from one day to the next. | ||
| We all are. | ||
| And wealthy people don't view it as a particularly big problem, but if you're just a regular person, it's a very, very big problem. | ||
| Because it's not a problem, it's a benefit. | ||
| The asset increases a benefit to them. | ||
| That's why the elites are into this. | ||
| I just want to make sure we get nomenclature right before you. | ||
| Jason, you've been such a hero for us in this. | ||
| Monetizing the debt, Federal Reserve issuing securities, printing money. | ||
| All three of those are fancy terms for full faith and credit. | ||
| Just remember, audience, one thing. | ||
| This is you. | ||
| This is on your shoulders. | ||
| Because they can't sell the bonds to the Chinese and the Japanese, enough of them. | ||
| They can't raise taxes because the wealthiest, so they can't raise my taxes. | ||
| You, the working class and middle class in this country, are paying for your own destruction. | ||
| That's why this is like a Greek tragedy. | ||
| You're very, the very thing that you do the best, which is to work hard and try to save a little money and put it into a pension plan or put it in a savings account, the very thing that makes you who you are is used against you, is used against you. | ||
| You are a sucker because you played by the rules. | ||
| You did what the good householder should do. | ||
| It's the basics and the foundation of every civilization and society that has made it in the world. | ||
| By doing it, they are destroying you, because they've got the ability, because we're the prime reserve currency, just to keep printing it. | ||
| This easy money, by these global elites, and Thomas Honig, who's a hero, and Richard Fisher, who's a hero, these gentlemen have sat there for years and said, you are destroying this nation, and this article in Politico is a blockbuster. | ||
| So, all you guys into conspiracy theories, do me a favor for one time, just for a day, just for an hour. | ||
| Please just put your websites and your conspiracy theories, just for an hour. | ||
| You can go back to them, go back to them. | ||
| But please read this, because this is reality. | ||
| This is the way the system works. | ||
| And this is what has destroyed the working class in this country. | ||
| This is what's destroyed the middle class in this country. | ||
| And it's why you got the Larry Finks, and why you got the Ray Dalios, and why you got all these guys there who have made so much money, and they're just feeding it, and they're in business with the Chinese Communist Party. | ||
| Jason, how do people get to you, your newsletter, everything? | ||
| Because you're a voice in the wilderness there, brother. | ||
|
unidentified
|
So the name of the company is Strategas Research Partners, and so it's www.strategasrp.com. | |
| So I'm easily findable, though. | ||
| I appreciate you having me on, Steve. | ||
| Thank you, sir. | ||
| I gotta tell you, when we're gonna get through this furnace, and how many tell you there's no easy choices left anymore, ladies and gentlemen, it's gonna be ugly. | ||
| It's who's gonna bear the burden of the ugliness, and that's why I'm a populist, because it ain't gonna be the people. | ||
| Jason Trennett's gonna be looked at as a guy who very early on warned everybody about this. | ||
| Jason, thank you so much for coming on, really honored to have you on the show. | ||
|
unidentified
|
Thank you, sir. Thank you. | |
| Thanks, brother. | ||
| Once again, I want everybody to read this. | ||
| You're not going to understand a lot of this, but we're going to explain it to you. | ||
| We're going to explain why Paul Volcker was so critical to Ronald Reagan. | ||
| Without Volcker, there is no Reagan. | ||
| There's no Reagan revolution. | ||
| There's no... | ||
| Uh, mourning in America. | ||
| And people have to go back and understand how tough, how tough 81, excuse me, 81, 82, 83 were. | ||
| As they, as they wrung this inflation out of the system. | ||
| And now you've got even worse acid inflation. | ||
| You have a double whammy. | ||
| Unbelievable. | ||
| Was it once an eagle said when stricken by a by a by an arrow that was made from an eagle's feather? | ||
| He said, by my own, by our own hands, we are stricken. | ||
| I think it's an ancient Persian poem. | ||
| By our own hands, we are stricken. | ||
| The eagle, the eagle of the United States, by our own hands, we're stricken. | ||
| Don't give me the conspiracy theories. | ||
| Take an hour away from your conspiracy theory websites. | ||
| I'm just saying take an hour. | ||
| Take an hour. | ||
| Read this. | ||
| You're not gonna understand a lot of it, but we're gonna start getting to the Novoclature. | ||
| This is reality. | ||
| This is reality. | ||
| I also want to bring in another reality. | ||
| Can we play the Rand Paul, the great Dr. Senator Rand Paul's clip? | ||
| And I'm bringing Dr. Naomi Wolf right after this. | ||
|
unidentified
|
I was kind of in the midst of this and hearing about it on a day-to-day basis when this started. | |
| So the pandemic comes, there's this natural worry, media plays up worry because it sells. | ||
| It's sort of like journalism of crime, journalism of extreme events sells. | ||
| So they were playing it up. | ||
| And then Trump would come out and he would have a press conference and people would say, well, he doesn't sound very informed on science and we're worried about him being out there in front of this thing. | ||
| What if millions of people die and Trump's not, you know, completely got all the data straight? | ||
| They said, we need a scientist out there. | ||
| And it was mainly the big government Republicans who run the committees. | ||
| All of the establishment Republicans in the Senate, they all said to a person, we love Dr. Fauci after one press conference. | ||
| They loved him. | ||
| And even Trump wasn't certain at first. | ||
| He said, well he sounds so reasonable. | ||
| And actually in the first couple of weeks he was somewhat reasonable, but he got worse and worse and worse as time got on. | ||
| But then he became a force of his own and so prominent that his edicts, I think Fauci is of the philosophy The vaccines are incredibly successful and are the way to go versus therapeutics, for example. | ||
| So with regard to AIDS, he was involved in the, as the AIDS epidemic came up, he wanted to develop a vaccine. | ||
| There's nothing wrong with that. | ||
| He wanted to develop a vaccine. | ||
| Vaccines can be great for polio or smallpox or wonderful. | ||
| It didn't actually work for AIDS. | ||
| We still don't have an AIDS vaccine, but some people say that it hindered the therapeutic, and right now we treat AIDS pretty well. | ||
| You can prevent people from having AIDS. | ||
| People are HIV positive. | ||
| They're on like five or ten different drugs, but the therapeutic angle ended up being the best, but he was biased towards a vaccine, and it's the same way now. | ||
| I would venture to say that thousands of people die in our country every month now from COVID because he's de-emphasized the idea that they're therapeutic. | ||
| Kaboom! | ||
| Thousands of people died. | ||
| This is the Peter Navarro's blood on his hands. | ||
| Dr. Wolf, at the beginning of the show, I know you didn't get a chance to see it, but we did a big cold open about everything about airline mandates for vaccines, what's happening in New York City, this kind of chaos that CDC is coming at now. | ||
| It's only three days or four days after you test negative that, you know, they're changing. | ||
| Everything's changing. | ||
| FDA says one thing, CDC another, Surgeon General another, Fauci another, and then they reverse it right afterwards. | ||
| And you've got Rand Paul. | ||
| Put it, put it in perspective right now of what's going on. | ||
| We've got, we've got de Blasio getting high-fived by the, you know, the Mika Show, Mornings with Mika, right? | ||
| The new name for the Morning Joe Show. | ||
| You've got, you've got DC is dropping these massive vaccine mandates. | ||
| Put in perspective, where are we right now? | ||
| And is Rand Paul right? | ||
| Is Dr. Fauci responsible for thousands of deaths a month? | ||
| So, Thank you. | ||
| And I hope everyone had a wonderful Christmas. | ||
| I think that what's happening right now with Dr. Fauci and with what Senator Paul described is very connected to your last segment and to a lot of other things that seem kind of unrelated. | ||
| I just want to note that the communists, when they took power in Russia, drove the capitalist economy intentionally into the ground. | ||
| And the last time I spoke with you here, I said, and this is not a conspiracy theory, right? | ||
| This is like, Being informed by history. | ||
| We can't understand what's happening right now unless we understand that this country is being subverted, is being targeted. | ||
| And so when you reason backward and you ask, what would I do if I was trying to emasculate the United States as a superpower? | ||
| You would print money till there's a collapse. | ||
| And then now let me get to the restrictions and to what Dr. Paul said. | ||
| It's common knowledge in psychological coercive prisoners, that if you disorient them and you change rules all the time, and you isolate them and you bombard them with threats, they'll give up. | ||
| And so I think we don't, we can't understand all these conflicting messages coming from the talking heads in any reasonable way, except to understand that we are being targeted by a kind of psychological warfare in addition to economic warfare, in addition to medical tyranny warfare, in addition to soon environmental warfare that's going to use the real climate crisis in order to carry up our rights, giving up our land. | ||
| So these are all of a piece, and I want to say something specifically about Dr. Fauci and these restrictions. | ||
| Hang on, hang on, Naomi. | ||
| I want to hold that through the break because I want to get to the punchline. | ||
| But your theory of the case, I keep saying, hey, they're feckless, they're hapless. | ||
| You're saying, no, no, no, Bannon, once again, as you lectured me the other day, I think rightly, you're thinking in old terms, the new terms. | ||
| You believe this is done on purpose. | ||
| Your point is all this chaos and disorient is to disorient people, correct? | ||
| Well, we don't have a smoking gun, but all the pieces indicate that what's happening to us right now is what we do to other countries when we're trying to subvert them. | ||
| Many indications but you know specifically Dr. Fauci has eight patents and one of them is an AIDS vaccine patent and his wife is in charge of AIDS vaccine ethics so right there you've got this gigantic conflict of interest so that's That could just be greed and corruption and fecklessness, but he does have blood on his hands, and I want to speak to you after the break about why. | ||
| We'll come after the break and hear your argument about Dr. Fauci. | ||
| Dr. Naomi Wolf joins us in a moment. | ||
|
unidentified
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| Dr. Wolf. | ||
| Tony Fauci. | ||
| By the way, the Gallup poll shows that only 48% of the independent voters in this country support, approve of Dr. Fauci's performance. | ||
|
unidentified
|
48%. | |
| He's going to be, he'll be down into the 20s, high 20s, ladies and gentlemen, in the next 60 days. | ||
| Because I think they'll make a move on getting rid of him. | ||
| Give us your theory of the case, ma'am. | ||
| I hope he'll be facing more than just approval. | ||
| I hope he's facing a Nuremberg 2 trial and Reiner Fulmik and members of the Polish Parliament have formally initiated a Nuremberg 2 claim against the actors at the head of this massive crime against humanity. | ||
| So Dr. Fauci does have blood on his hands and thousands of people have died needlessly because of his conflicts and his corruption. | ||
| And what I mean is it's coming out more and more that early interventions work. | ||
| And Dr. Peter McCullough, for instance, who's a hero, has saved, you know, documented, saved thousands and thousands of people through early interventions that they're using now in Florida, they're using around the country. | ||
| And these doctors who are using these early interventions, even as simple as vitamin D or beta D rinses, right? | ||
| And, you know, more complex things like, you know, A, C, quercetin, zinc, they are having incredible results and not a medical doctor. | ||
| But the monoclonal antibodies, they're keeping people out of the hospital from getting sicker and sicker. | ||
| And these doctors have been railroaded. | ||
| Their medical licenses have been threatened. | ||
| They've been intimidated. | ||
| Letters have been sent to them. | ||
| You know, as Dr. McCullough said, they're erasing the letters of distinctions after his name. | ||
| But these heroic doctors keep saving people's lives. | ||
| And Dr. Fauci tried to crush all of this for months and months and months, over a year. | ||
| And then you look at his conflicts, and this is why I say, This is intentional. You have to look at the intentionality. | ||
| Microsoft, Bill Gates, has invested in the vaccines. You see emails between Zuckerberg and Dr. Fauci, which Zuckerberg is basically saying, I want to invest in the vaccines. We've seen a memorandum of understanding document between the NIH and Pfizer and modernize the NIH's product, right? | ||
| So people are making vast billions off of the vaccines. | ||
| And Dr. Fauci actually said something in a tweet over the weekend that is inadvertently providing evidence to the Nuremberg trial, Nuremberg 2.0, because he basically said about these proposed airline restrictions that the only reason to do them is to coerce people into getting vaccinated, because vaccines don't affect transmission. | ||
| There's no scientific reason to do any of the mandates. | ||
| So that is illegal, according to the Nuremberg Code. | ||
| The number one point in the Nuremberg Code is you cannot coerce anyone into getting any kind of medical treatment. | ||
| So that's evidence in his trial. | ||
| And, you know, they're rushing so much because the pieces are emerging that show that he and a few tech bros and a very corrupt administration, and this happened around the world, Look, there is no federal solution. | ||
| treatments that would have kept thousands and thousands from getting sicker, being hospitalized and dying. And he is a mass murderer. | ||
| It would appear. Let's it let's let's let's go to I want to play Joe Biden here real quickly and have you respond. | ||
|
unidentified
|
Look, there is no federal solution. This gets solved at state level. | |
| OK, this is stunning admission on the 27th of December. | ||
| You've got to help me unpack that, I guess, is the term people use. | ||
| You've been arguing, you've been fighting the state level to stop. | ||
| You've dedicated the last two years of your life to stop this at the state level for the federal government. | ||
| What is he talking about? | ||
| How can you sit with a straight face and say that, Dr. Naomi Wolf? | ||
| Well, I mean, God bless him. | ||
| He's a very elderly, frail man. | ||
| And he just kind of said the part that his superego would have censored out loud if he was in more control of his faculties. | ||
| He knows that the federal government has no right, like, mandates. | ||
| That's not a law, right? | ||
| Courts are saying you can't just militarize, you know, federal boards of health. | ||
| You can't just impose these restrictions on businesses. | ||
| No, you know, our system doesn't work this way. | ||
| States have the power to make decisions and the federal government, you know, they keep saying overreach, overreach, overreach. | ||
| So I don't like Donald Trump. | ||
| I didn't vote for him. | ||
| But he said that, you know, and people laughed him out of the room. | ||
| You know, he said the states have to solve this problem. | ||
| Well, what you see in Florida is, you know, with reasonable leadership, the states do solve this problem. | ||
| In South Dakota, Kristi Noem, she solved the problem. | ||
| You know, in state after state after state where they Followed the Great Barrington Declaration hero's advice. | ||
| They sheltered the vulnerable. | ||
| They didn't take any steps that they don't have the power to, as Christina pointed out. | ||
| You know, they have no right to close businesses, according to the Constitution. | ||
| They have no right to keep children out of school. | ||
| The pandemic did its thing, and I'm not trying to minimize it, but people thank Governor DeSantis every day for not closing their business, and people make their own health decisions. | ||
| And Florida is doing better than California, which is, you know, worse than Cuba in some ways right now. | ||
| So, you know, he's right. | ||
| It happens at the state level. | ||
| Public health is supposed to happen at the state level. | ||
| And also, you're not ever allowed to coerce anyone into getting any kind of medical treatment according to both federal and state law. | ||
| So he let it slip, and he's probably being, you know, punished by his handlers, whoever they are. | ||
| Dr. Wolfe, real quickly, how do people get to your main site to find out more about your work? | ||
| Thank you. | ||
| So please keep supporting us at dailyclout.io. | ||
| And I love Getter. | ||
| If you go to Getter, I'm Dr. Naomi R. Wolfe. | ||
| But I want to thank also the whole community here who's been having a wonderful conversation with me on Getter and giving me Christmas cheer and hope for the future. | ||
| Thank you. |
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