Jan. 25, 2022 - Bannon's War Room
48:50
Participants
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| Speaker | Time | Text |
|---|---|---|
|
unidentified
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Tremendous volatility again for the second day in a row. | |
| Look at the intraday Dow chart. | ||
| Really tells the story. | ||
| Started off lower, got as low as down 818 points on the Dow, and then rallied all the way back in the final hour of trade. | ||
| When we started this hour, we were up more than 200 points on the Dow. | ||
| Since then, we've given back all of those gains and are now down about 48 points. | ||
| The American Express is your biggest contributor to the gains. | ||
| It's having a 9% up move on earnings. | ||
| The weakest link there on the Dow, well, a lot of them are weak. | ||
| We're seeing a lot of weakness in names like industrials, technology in particular. | ||
| The Nasdaq is down about 2.3%. | ||
| The S&P down 1.2%. | ||
| Energy and financials remaining positive into the close. | ||
| Everybody else is lower. | ||
| Worst performing group, communication services, technology, consumer discretionary. | ||
| That's four in the brunt of the selling. The small caps down 1.4 percent. All red at the close. | ||
| Elections have consequences. | ||
| Stone elections have catastrophic consequences. | ||
| And boy, we are seeing a firestorm in the global capital markets. | ||
| I've asked Steve Cortez to sit in with us today to go through this. | ||
| We've got a very special guest we're going to bring in in a second. | ||
| Steve, just a quick summary before we get into deeper. | ||
| You've got charts, all this. | ||
| Walk us through. | ||
| This is seven days in a row now? | ||
| Yes, incredible volatility right now in capital markets that unfortunately is reflecting the very real pain on Main Street. | ||
| So this is not just a Wall Street issue, right? | ||
| It is reflecting what's happening on Main Street in terms of decelerating growth with a spike in inflation, something we've not seen. | ||
| That toxic combination known as stagflation, something we've not seen in the United States since the 1970s. | ||
| When you say Wall Street versus Main Street, when you say Main Street, you mean the real economy? | ||
|
unidentified
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Correct. | |
| Versus the financial, just capital markets? | ||
| Correct. | ||
| But in the capital markets, Steve, you know, let me, as somebody who traded these markets full-time for 25 years, let me tell you that this level of volatility that we're seeing in the last seven days or so, it is pretty insane. | ||
| I mean, we are seeing moves in what are normally very mature and frankly kind of boring markets. | ||
| We are seeing moves in a matter of hours that you normally see over weeks or even months. | ||
| And so even a day like today, if you just look at the Dow Jones, not that big a move because energy did pretty well. | ||
| But then if you look at the Nasdaq, down over 2%. | ||
| And as we've talked about previously on this show, if you look at small caps, which I think is the best gauge for Main Street, for what's happening in real America. | ||
| The Russell 2000, IWM is the ticker for the ETF. | ||
| That is the 2000 small cap names that I think are, because it's domestic, it tends to better reflect what's actually happening in the U.S. | ||
| economy. | ||
| It is now officially in a bear market by Wall Street terms, meaning down more than 20% from its November highs. | ||
| I want to get to, when you say, we're going to get into more detail in a moment when we bring you back in. | ||
| But when you say energy was one of the things that did well, that's because energy's at $85 a barrel. | ||
| That's not, for mainstream, that's not good news. | ||
| Real quickly, mark to market the day of President Trump, the election was stolen November 3rd, because that's the day to market. | ||
| Correct. | ||
| What was it per barrel? | ||
| So the day that the election was stolen from President Trump, oil was $41 a barrel. | ||
| It is now at $85. | ||
| You don't think that's a tax on working class people? | ||
| A war on American energy, on domestic energy production, combined with exorbitant borrowing and spending. | ||
| This is a created inflation spiral. | ||
| We're going to get into all that. | ||
| Okay, we've got a real cold open. | ||
| We had to put the markets in today because of the volatility. | ||
| Let's play the cold open and then we're going to introduce a very special guest. | ||
| Just filed articles of impeachment on President Joe Biden. | ||
| We'll see how this goes. | ||
| Thank you for having me today. | ||
| I really appreciate you hearing my request. | ||
| I have introduced House Res. | ||
| 57. | ||
| These are articles of impeachment on President Biden for abuse of power in regards to his willingness to use his position of power to aid his son, Hunter Biden, and their business dealings. | ||
| I've also introduced another article of impeachment on President Biden, which is H.R.E.S. 597. | ||
| This has to do with the national security crisis that President Biden has created with regards to the extreme threat at the southern border. I've introduced H.R.E.S. 598, articles of impeachment on President Biden in regards to the failure in Afghanistan. | ||
| And I've introduced House Res 596 articles of impeachment on President Biden for the COVID eviction moratorium and his willingness to use his position to try to do what he shouldn't be doing. | ||
| We have three branches of power. | ||
| Now, this is not an issue that is just important to me. | ||
| This is an issue that's important to the American people. | ||
| You see, the American people in polling just recently, there's a range between 60% of Americans that say that Joe Biden should be impeached. | ||
| Because in the halls of Congress every single day, I'm fighting for you, America! | ||
| Now let me give you just a few reasons why the D.C. | ||
| swamp hates me so much. | ||
| Because I want to impeach Joe Biden. | ||
|
unidentified
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Throw him out. | |
| Thank you. | ||
| And I want to expel Maxine Waters. | ||
| And I want to fire Dr. Anthony Fauci. | ||
|
unidentified
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Thank you. | |
| Today in politics, it's authenticity and being a fighter, and I think we've captured the real thing here. | ||
| I want to bring in Congressman Marjorie Taylor Greene. | ||
| The reason I asked you to come on, Congressman, I know you're out in Nevada among your constituents, but I asked you to come on because I had Cortez coming on today, and we're going to talk about these volatile markets. | ||
| If you don't watch MSNBC all day... | ||
| All they're banging on is the war toxins about Ukraine and they're blaming, as they're looking for a wag the dog, they're blaming the capital markets meltdown and all that on all the geopolitical risk of Ukraine. | ||
| We know that's phony. | ||
| And the very first thing, and I want to make sure the audience and everybody out there in the world of MAGA and the World War Impostor and all the left-wing people that watch us, on the afternoon That Joe Biden had that phony inauguration over here with like 15 people showed up with the big circles in the afternoon. | ||
| Congressman Marjorie Taylor Greene, that hadn't been here but two or three weeks, walked over and dropped an article, dropped articles of impeachment. | ||
| On what? | ||
| Wait for it. | ||
| The Ukraine. | ||
| Okay? | ||
| Right up in his grill from the very first start. | ||
| And boy, that's when this city really started hating on Marjorie Taylor Greene. | ||
| Congressman Greene, how did you conceive of that the Ukraine was going to be a ticking time bomb for Joe Biden, ma'am? | ||
| Well, just knowing how corrupt Joe Biden is and everything that he had been doing for Hunter Biden. | ||
| I mean, this is a man that is the President of the United States. | ||
| He's commander in chief of our entire military. | ||
| And because of his corrupt business dealings with his son, Hunter Biden, that was proven over and over again, everyone knows it's true. | ||
| I really realized that it really began when he was vice president. | ||
| He was vice president of the United States and was already playing cover for his son, Hunter Biden. | ||
| And that's why on January 20th, on Inauguration Day, against everyone's advice, against everyone in my conference, I introduced articles of impeachment. | ||
| And I want you to know, Steve, I am blown away at what we're seeing. | ||
| The President of the United States, Joe Biden, is willing to take our military to war, willing to take our country to war against nuclear Russia because of Ukraine. | ||
| And you cannot deny this. | ||
| It's because Ukraine has the dirt on Hunter Biden. | ||
| Ukraine has the dirt on Joe Biden, our president. | ||
| And this is why we could have many of our troops get killed in this war that Joe Biden wants to have happen. | ||
| And I'm so glad you have Steve there with you and you brought up the fact about the markets. | ||
| The markets are not tanking because of possible war with Russia. | ||
| We all know that war is profitable. | ||
| That's why they want war. | ||
| Everyone will make money and defense contractors will make money. | ||
| But no, Joe Biden should be impeached. | ||
| And I'm ready for the rest of my conference to get on board with this. | ||
| Congresswoman Steve Cortez here. | ||
| Let me ask you more, please, about that point. | ||
| First of all, too, I want to congratulate you because not only do you have guts, but you have incredible foresight. | ||
| You were able to see on that day when Ukraine was on, frankly, nobody's mind except for yours, you had the foresight to see that this was going to continue to be a very vexing issue. | ||
| Given the complicity of Joe Biden, his involvement, his family's involvement with some of the worst characters in the world and some of the most dangerous regimes in the world from his Biden cartel days, as I like to call it. | ||
| So I congratulate you, not just on your guts, but also for being a bit of a Nostradamus in seeing the future. | ||
| But I want to ask you about that aspect that you mentioned. | ||
| about the the uniparty war machine in Washington D.C. | ||
| because we have Republicans like Mitch McConnell, we have unanimity on the Democratic side in beating the war drum pretty loudly right now trying to get America that is frankly very war weary, understandably so, after two decades of quagmires in Iraq and Afghanistan Trying to drag America into a war. | ||
| Is there any justification? | ||
| Is there any vital U.S. | ||
| national interest, as you see it, Congresswoman, to justify U.S. | ||
| involvement in Ukraine? | ||
| Absolutely not. | ||
| If we're going to do anything with our military, we should have our military at the southern border. | ||
| That's the only border that we should care about. | ||
| That's the only border that we should be securing. | ||
| We should not be securing any other border of any other country. | ||
| There's no national security interest in Ukraine. | ||
| The only national security interest is the one that Joe Biden cares about. | ||
| And that's Ukraine telling the secrets on Hunter Biden and himself and probably his brother. | ||
| You have to know the three of them are involved, but no, absolutely not. | ||
| See, there's no national security interest. | ||
| There's nothing at risk there in Ukraine. | ||
| And this is just, it's the Uniparty, like, just like you spoke of, they love war. | ||
| They absolutely love it. | ||
| They love to dole out all those dollars to defense contractors. | ||
| They love what it produces and they love the power of it. | ||
| Real quickly, because I want to ask you about J.D. | ||
| Vance. | ||
| Your other article, I remember people were mocking and ridiculing you. | ||
| And I said, hey, don't count this woman out. | ||
| She's tough. | ||
| And she's thought this through. | ||
| And to do it symbolically, she understands the optics. | ||
| The guy literally takes the hand off the Bible. | ||
| She's blowing into the house and saying, hey, suck on this. | ||
| Where do these articles of impeachment, did anybody sign up with you? | ||
| Where does it stand with other colleagues? | ||
| Joining in this because you got a couple of three down there that I'm all over like like the southern border and Fauci. | ||
| Hey, I'm all in now. | ||
| So where your colleagues stand on this? | ||
| Well, no one is co-sponsored my first articles of impeachment, which I think are the most relevant right now with this Russia-Ukraine situation. | ||
| But I do have some co-sponsors on some of the others with the border, especially Matt Gaetz is one of my co-sponsors. | ||
| There's several other people that co-sponsored the border and the Afghanistan situation. | ||
| But when it came to the beginning, putting these articles of impeachment in, everyone told me not to do it. | ||
| I had phone calls from leadership. | ||
| I had phone calls from everyone begging me, telling me not to introduce these articles of impeachment. | ||
| And you know what, Steve? | ||
| I did it anyways, because I think it's the right thing to do. | ||
| It seemed early, but you know, here today I'm going, this is absolutely what we should have been doing. | ||
| And I believe my Republican conference is their responsibility to keep pushing it because these Democrats, they will not stop. | ||
| And Joe Biden is completely compromised. | ||
| You stepped in today in one of the biggest, most controversial, most intense races, the Republican primary in the state of Ohio. | ||
| You came in and backed J.D. | ||
| Vance, the fire-breathing, I would say, public intellectual populist. | ||
| Why is that? | ||
| Because they got Timpkin, they got Mandel. | ||
| It's a pretty deep bench there. | ||
| Why did you pick J.D. | ||
| Vance? | ||
| This is a huge, huge, huge deal today. | ||
| Why did you do it? | ||
| I'm looking for strong people that are going to fight for America, and I I've talked with all of them, and J.D. | ||
| Vance is the one that I believe in. | ||
| He has such a strong business background, and that's something that's extremely important to me. | ||
| He's a family man, you know, married and has children. | ||
| He's very devoted to his family, and I think he's the perfect choice for Ohio to send to the Senate. | ||
| He's someone that has the backbone and the courage to stand up to the establishment, Mitch McConnell and the rest of the machine in Washington, and I'm going to go all in and make sure that I can get him across the line. | ||
| You know, Congresswoman Cortez, again, I think your endorsement is going to mean a heck of a lot in that primary in Ohio. | ||
| I, too, am backing J.D. | ||
| Vance. | ||
| And I want to get your reaction to a tweet that was put up today by a guy named Howard Foreman. | ||
| He's got a pretty big following on the left. | ||
| He's a professor up at Yale, does a lot of media. | ||
| And this is what he had to say in a tweet today. | ||
| He said, whether it's J.D. | ||
| Vance, John Gibbs, or Patrick Witt, who's running for Congress in Georgia. | ||
| By the way, I'm supporting all three of those people that he's picking on. | ||
| But this is what he said. | ||
| He said, they are all from the most elite backgrounds. | ||
| Pretending to be the common man and he's talking specifically about their academic credentials because all three of those guys went to the top schools in America to Yale and Harvard and Stanford and really kind of trying to pick a fight saying as if because you have that educational pedigree you cannot be for the common man. | ||
| Tell us why you're convinced that JD Vance while he has Ivy League credentials is not Ivy League at all in his thinking. | ||
| Well, if anyone's read his book, Hillbilly Elegy, you know a lot about J.D. | ||
| Vance. | ||
| He doesn't come from some Ivy League type background. | ||
| He grew up very much like I did and like most Americans. | ||
| I also think that's a really funny tweet. | ||
| You know, I'm kicked off of Twitter, so I don't get to keep up with some of that stuff anymore. | ||
| But I think it's hilarious that the left would pick on some of our candidates. | ||
| Thank you for having these types of education, Ivy League education, when they're constantly attacking most Republicans and Republican voters, accusing us of being uneducated. | ||
| So which way is it going to be? | ||
| Are they going to make fun of us for being uneducated or make fun of us for being uneducated? | ||
| Congressman, hang on one second. | ||
| We'll take a short break. | ||
|
unidentified
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break. We'll be right back. | |
| The epidemic is a demon and we cannot let this demon hide. | ||
| War Room. | ||
| Pandemic. | ||
| Here's your host, Stephen K. Bannon. | ||
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unidentified
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| Congressman, I think you're in your district today. | ||
| Cortez, you're almost a constituent of... Almost. | ||
| I wish I were, Congressman, but I'm... You're in Chattanooga? | ||
| Yes, Chattanooga, Tennessee. | ||
| So I'm just across the border from you, and thankfully in an area that is just as red as your area. | ||
| And I thought of this, and I want to ask your reaction, because I know you're at home in your district right now. | ||
| So I landed in Washington, D.C. | ||
| today to be here in the War Room, and I told Steve Bannon that honestly, it was like landing on the moon. | ||
| When you come from Tennessee, a place where life is normal right now. | ||
| I mean, everything is normal. | ||
| People are not masked up. | ||
| There are not vaccine mandates. | ||
| Nobody's in anybody's business. | ||
| Children are in school. | ||
| They are playing sports. | ||
| Life is normal. | ||
| I'm sure it's normal in your district. | ||
| And I wanted to ask, Congresswoman, what's it like? | ||
| Because, you know, I just did this as a one-off. | ||
| You do it all the time. | ||
| Go from a place of normalcy to a place of neurosis in Washington, D.C. | ||
| It must feel to you like you're going between two different planets in some ways. | ||
| It does. | ||
| Oh, what a great description. | ||
| It's like going to a communist country. | ||
| I call Washington, D.C. | ||
| the District of Communism. | ||
| And here in Georgia, in my district, we don't need to wear masks. | ||
| Everything's open. | ||
| We're free. | ||
| People are just so over COVID. | ||
| We're sick and tired of it. | ||
| Of course, we're concerned if anyone gets sick and we want to make sure they're taken care of. | ||
| But we just live our lives normally. | ||
| And people in Washington, D.C. | ||
| have no idea what the rest of America is like because Mayor Muriel Bowser has everything shut down. | ||
| She has this mandate in place where if you're unvaccinated, like I am, you can't go to restaurants, you can't go to stores, you can't do anything. | ||
| So, yeah, Steve, it is awful. | ||
| Every time I come there, I feel like I'm going to some foreign communist country, and I can't even believe it's our nation's capital. | ||
| It's East Berlin. | ||
| Question, because my phone's already blowing up about the JD Vance. | ||
| Is this your first endorsement in a Senate race, Congressman? | ||
| Yes, this is my first endorsement in a Senate race, and I am making endorsements this cycle, see, but I'm only doing a select few, and I don't want to go out endorsing just tons of people. | ||
| I just want to endorse key people that I believe are going to fight for America and have the ability to do it. | ||
| And then I'm going to fight all the way for them, campaign with them, and help them get across the line. | ||
| So you are going to campaign out with J.D. | ||
| Vance in Ohio. | ||
| You're going to do rallies and events with him? | ||
| Yes, absolutely. | ||
| Actually, I'm going to be there on Sunday, so I'm very excited about that. | ||
| I'll be there with him on Sunday, and I think he's putting out information on that event. | ||
| Okay, we'll make sure we get it out. | ||
| Okay, Congressman, how do people get, particularly this PAC that you've got there supporting America First candidates that you do the due diligence on selecting and support, and get all the other things? | ||
| How do people track you down? | ||
| SASPAC.com. | ||
| S-A-S-P-A-C. | ||
| That's my leadership pack. | ||
| That is the one where we're going to work hard to get the right people in to serve because most of this place, most of Washington is so corrupt and it absolutely disgusts me that things don't get done because you know how it is, Steve. | ||
| In the real world, people work hard and get their jobs accomplished. | ||
| They serve their customers, but Washington is completely broken and it disgusts me. | ||
| So I really appreciate anyone donating to SASPAC.com. | ||
| And we'll be working hard to get people in that will work better for the American people. | ||
| Thank you for your courage, Congressman, because courage is contagious and it's upon courage that all the other virtues, the most important virtue, because upon courage, all the other virtues rest. | ||
| So thank you very much for being courageous as we get drilled down. | ||
| Well, thank you. | ||
| Thank you so much. | ||
| And I'm so lucky I got to talk to two Steve's today, two of my favorite Steve's. | ||
| So it's good to be with you guys. | ||
| And thanks for talking, talking about the market. | ||
| Don't let them lie about this. | ||
| It's not about Ukraine. | ||
| It's about how broken our country is. | ||
| And it's completely Joe Biden and the Democrats fault. | ||
| Amen. | ||
| Thank you, ma'am. | ||
| Appreciate it. | ||
| Congressman Marjorie Taylor Greene. | ||
| The fire breather. | ||
| I guess Gates is the fire breather. | ||
| She's the flamethrower. | ||
| Turnpoint all day long. | ||
| MSNBC. | ||
| They're saying all day long. | ||
| It's Ukraine. | ||
| That's what's caused these markets. | ||
| Biden was all right. | ||
| It was at all time highs. | ||
| The market's been up 15% or 20% since he's been over the 1600 Pennsylvania Avenue. | ||
| That's ridiculous. | ||
| Is it time for a chart? | ||
| Yeah, I'm here. | ||
| Normally I love the chalk talks, but now that you're here, I gotta get some charts. | ||
| Right, well you don't have a chalkboard for me. | ||
| What a rude welcome. | ||
| Another reason I don't like Washington, D.C. | ||
| But look, when you invite some people over, they show up with flowers or maybe some wine. | ||
| Cortez shows up with charts. | ||
| Okay, I show up with charts. | ||
| So listen, let's go to a chart to show you why. | ||
| This is not about Ukraine, these market convulsions. This is about an economy that is decelerating, unfortunately, in a really intense way. And it's not my opinion. You know, we believe in data and evidence. And let me show you some evidence. And so I want to put the chart up of U.S. manufacturing PMI, if we can get that chart put up, please. Manufacturing PMI, PMI is Purchasing Managers Index. Okay. This chart goes back a year, and this is a survey of manufacturing in the United States. | ||
| Look at the first part of the chart there, and for those who can't see it, it is thankfully an ascending chart, meaning manufacturing getting stronger, getting more confident. | ||
| That is the Trump handoff. | ||
| That is the economy that Joe Biden inherited, which is why I often say, if Joe Biden did, Steve, what he did during the campaign, which is sit in his Is basement and eat oatmeal and do nothing? | ||
| This economy would be humming. | ||
| I mean, I'm not just saying that to be snarky. | ||
| Literally, if he had done nothing, we would have a border under control and we would have an economy that is humming. | ||
| Instead, he decided to ruin both of those situations. | ||
| And if we look on the right side of the chart, and for those who can't see it, what we see, unfortunately, is a fast descending manufacturing economy. | ||
| And again, it's not my opinion. | ||
| This is United States manufacturing PMI. | ||
| A lot of these PMI numbers have come out over the last several days. | ||
| They're a big reason, I talked about the New York Fed numbers yesterday, combined with these PMI numbers, a big reason why there are so many market convulsions right now, why there's so much volatility in financial markets, it's because Joe Biden has taken what was a stellar handoff and he has completely squandered the Trump boom 2.0 and instead brought us back to a place of Jimmy Carter, a place of malaise, of fast rising prices and | ||
| I want to go back to this concept of stagflation. | ||
| This is not an easy thing to work your way out of. | ||
| That is the bitter harvest, unfortunately, that we have reaped from what happened in fall of 2020 when the election was stolen. I want to go back to this concept of stagflation. This is not an easy thing to work your way out of. Right. The last time we had a situation like this in this nation, it took Ronald Reagan and not just Ronald Reagan. | ||
| It took Ronald Reagan in two of the most brutal years, 1981 and 82. Right. With Paul Volcker, two tough hombres that had the ability to take political pain. | ||
| Ever since you got Ronald Reagan and Donald Trump, people take political pain, in other words, to see it through, to get this sorted out. | ||
| We're heading down, I want you to walk through, we're heading down a path now where you see this all coming together. | ||
| It's not going to be easy to unwind this. | ||
| No, not at all. | ||
| And the policy mistakes and the frankly just cowardice and dishonesty that some of the formerly most trusted institutions in America have inflicted upon this country, and I'm talking about institutions like the Fed, like the United States Treasury Department, public health is part of this scenario as well, CDC for example, their dishonesty and their policy mistakes have put us into a very dire predicament. | ||
| And you're exactly right Stephen, you're Your historical analogy here is spot-on. | ||
| It took Ronald Reagan and Paul Volcker, who were two very brave men, who were willing to take the political heat. | ||
| And by the way, they did. | ||
| People don't realize, because Reagan was re-elected so massively in 1984, but in 82 and 83, as we were going through a recession, his polling numbers were miserable. | ||
| Now, he did the right thing. | ||
| He knew that we had to contain inflation, something which had been afflicting the United States for a decade before he and Volcker together finally said, we are going to defeat inflation. | ||
| We don't have that kind of political will now, and we certainly don't have, by the way, that kind of political ammunition either from Joe Biden, who was already careening lower in terms of political capital. And we don't have it on the Fed's side either. I don't want to only blame Biden, right? I think he deserves most of the blame, but we certainly don't have it on the Fed's side either, because Jerome Powell, let's face it, a lot of happy talk. | ||
| He's been backing up what was a lie that was repeated ad nauseum all around this town, that inflation is transitory. | ||
| We now know it's not transitory. | ||
| This inflation is systemic. | ||
| It is systemic, it is sticky, and it is starting to materially harm regular Americans who are getting poorer by the day. | ||
| A lot of these commentators make a mistake, too. | ||
| They say, well, it's still not as bad as Carter. | ||
| That's not correct, though. | ||
| It's calculated differently today. | ||
| If we were calculating it back the way it was really done back in those days, the misery index, the combination of unemployment and inflation would be in the mid-teens, right? | ||
| No, that is correct. | ||
| And interest rates to the CPI as well. | ||
| The CPI, the way we calculate it now, is at a 40-year high at 7%. | ||
| But if we were to use the old formula, and economists will disagree, it's hard to nail it down exactly, but it would be somewhere in the mid-teens, which is the all-time record that was hit under Carter. | ||
| So you're right, I think in many ways... Because you're not capturing all of energy. | ||
| If you capture this energy explosion... Here's the point. | ||
| The bad polling numbers are directly related to his incompetence, but you see that when you get to... Remember, Carter had that misery index into... I think he had a two-handle in front of it, right? | ||
| It got to 20%. | ||
| We had inflation, the old calculation. | ||
| Biden is now in the mid-teens, and there's no easy way out. | ||
| There's no easy way out for this guy. | ||
| Americans know this. | ||
| They know it in their own lives. | ||
| And we see that reflected from the polling, right? | ||
| When Americans were asked, are you better off now than you were one year ago when Joe Biden became president? | ||
| Albeit in an illegitimate matter, he did become president. | ||
| Only 18% of Americans say they are better off. | ||
| And it's much lower than that when you look at working class folks. | ||
| White women, for example, in that same poll without a degree, only 13% say they are better off. | ||
| Hispanics, only 9% say they are better Well, I'm going to get into both of that, both the Hispanics, the working class vote, Jim Cooper, by the way, the redistricting in your new home state of Tennessee. | ||
| Amen. | ||
| The war room posse, Tennessee did it right. | ||
| Cooper retired today because they redistricted the Nashville district. | ||
| This is huge. | ||
| This is the 29th Democrat. | ||
| And this guy's, what, 30 years? | ||
| We will fight till they're all gone! | ||
| We rejoice when there's no more! | ||
| Florida talk about the Hispanic vote. We're talking about vaccines This guy right here Cortez is courageous. He stands up for his beliefs Okay, we're gonna get into all of that in the next segment in the war room That little Freudian slip that happened a couple of days ago African Americans are voting at the same rates as Americans, right? | ||
|
unidentified
|
Last time I checked, African Americans are Americans, but that's the thing. | |
| We get otherized. | ||
| In everything. | ||
| The way we look at ourselves. | ||
| You learn to hate yourself. | ||
| Your skin color, your nose, your eyes. | ||
| You're not the protagonist in the movies. | ||
| I grew up watching Hollywood 80s movies. | ||
| I love Hollywood 80s movies. | ||
| And you go back and you revisit those movies and you're like, wow, these movies were racist. | ||
| As F, as the kids say, right? | ||
| And so, the type of vision I want, Mika, is for my kids, who are brown-skinned kids, beautiful kids, and who are saved by Ibrahim and Khadija, is that they, too, can dream. | ||
| They can have the audacity to dream that they can do. | ||
| They, too, can be the protagonists of the American narrative without the conditions, the double standards that you and I have had to battle our entire lives. | ||
| So here you are, you're on TV, you went to UCAL Berkeley, you're from Fremont, California, and now you're in New York, and you're a semi-big deal, okay? | ||
| Alright, I like it, alright! | ||
| How do you deal with the resentment that comes with all of that? | ||
| I get lovely emails every day, I get wonderful advice telling me to go back to where I came from, and telling me to go F a goat or a camel. | ||
| Why a goat or a camel? | ||
| That's my question. | ||
| But I deal with it with humor. | ||
| Because humor, if used, I think, with precision and with intention, can booby-trap the hate. You can turn against the aggressors. What do you think the root of it is though? | ||
| The root of it is fear. The root of it is always fear and loathing and self-loathing. | ||
| The dark heart of America in my opinion is white supremacy. | ||
| It's racism. It always has been. | ||
| And unless we actually acknowledge it, unless we take a scalpel and excise it, this country will never live up to its true potential. | ||
| It will restrict itself instead of expanding itself. | ||
| And I'm telling you, these forces and movements right now that we're seeing, you saw the Stop CRT stuff, there are parents in America who are more comfortable with their kids getting COVID than a book written by a black or brown author talking about racism. | ||
| That's the selfishness. | ||
| That's the fear. | ||
| Among the new congressional districts around the country this year, there's one in Colorado where Democrats face a problem in the midterm elections trying to stop Republican gains with Latino voters. | ||
| NPR's Danielle Kurtzleben reports. | ||
| I met up with Sonny Subia at a bar in Greeley, Colorado, where he was worried there might be too much noise to record. | ||
| Well, I just played this song on the jukebox. | ||
| It's Desolado by Bobby Pulido. | ||
| Is this one of your favorites? | ||
| This is the favorite song. | ||
| Subia is a school expulsion officer, and also the volunteer state director for LULAC, the League of United Latin American Citizens. | ||
| He's also a committed Democrat, and he's worried. | ||
| This congressional district is the largest Latino population of any district in the state. | ||
| And it's a toss-up. | ||
| How is that? | ||
| It just doesn't make sense. | ||
| That district is Colorado's 8th, which stretches from Denver's northern suburbs up 45 minutes north to Greeley. | ||
| It's a new district, so there's no incumbent. | ||
| It's set to be one of the tightest house races in the country. | ||
| And it's also the most heavily Latino district in the state. | ||
| Chuck Rocha is a strategist working with Democratic candidate Chas Tedesco. | ||
| This ain't seemed like such a different race, but it's actually represents where all the growth has really been in every city around America where you have this movement. | ||
| We could go, but we're pressed for time. | ||
| I'll bring Cortez in. | ||
| What he says is that people there are thinking about housing, the economy, inflation. | ||
| Sounds like America. | ||
| The dark heart of America is the racism. | ||
| That's the, you hear that. | ||
| And then NPR has the thing. | ||
| They create a new district. | ||
| It's 50% Hispanic. | ||
| And they're shot. | ||
| It's going to lean right, if anything. | ||
| It's going to lean R. That's for sure. | ||
| Listen, I really do want to respond, and I want to respond from some of my personal experience as well, with that ridiculous sermon, really, that lecture that we were given by Wajahat Ali. | ||
| The United States is the greatest country in the world in which to be a minority. | ||
| And that is simply a fact. | ||
| Not only is it not a hardship to be a minority in the United States today, and I can say this from personal experience, it is an advantage. | ||
| It is an absolute advantage. | ||
| There are educational, professional opportunities that are afforded to you, which are not afforded to a white male in this country, and they are very real, and they are very tangible. | ||
| So what he's saying is just, it is pure garbage. | ||
| It is factually incorrect, and it's also frankly kind of sick, because you're trying to convince the country | ||
| That we are a sick society or a poison society and they do it with lies lies like the 1619 project for example which in your times fully promulgated based on a giant historical lie that the United States was founded on a premise of slavery when slavery of course was a global norm at that time so these are lies we have to push back against them we have to do so forcefully and again I want to really make the point out there that If anything, being a minority is an advantage right now in the United States. | ||
| Now, regarding Hispanics specifically, you know, this is fascinating, right? | ||
| This ongoing shift, Steve, I believe that we are in the first inning, right? | ||
| Maybe the top of the first inning of a political shift. | ||
| If this were a baseball game, we're just getting going of Hispanics and working-class people of all ethnicities and all races. | ||
| Becoming permanently, or at least in lasting ways, generationally, part of the America First Movement, a foundation of the movement, and, frankly, staging a... we're going to complete the takeover of the Republican Party. | ||
| That's what's happening right now in this country. | ||
| And why? | ||
| You know, Donald Trump really, in many ways, was the spark for this movement. | ||
| Among Hispanics in America, and why? | ||
| Why are they rallying to the America First agenda? | ||
| I think there's a few things. | ||
| First of all, regarding Trump specifically, I think they were drawn to his strong leadership and to his masculinity. | ||
| Something that we don't like to talk about in a lot of society today, but of course we should. | ||
| The machismo of Donald Trump was very real, and it was very, it was magnetic for a lot of Hispanics. | ||
| And then in terms of issues, and these are even more important, of course, than the personality. | ||
| In terms of issues, Hispanics are, and I'm very proud of this, we are the most entrepreneurial demographic in America by a long shot. | ||
| You get a couple of bad hombres together with a truck and bam, you got a new business. | ||
| Okay, that is culturally the way Hispanics operate in this country. | ||
| Donald Trump, the entrepreneur and chief president, understood that and created the conditions for small business to thrive. | ||
| Small business right now is absolutely floundering, unfortunately, under the feckless economic management of Joe Biden. | ||
| So Hispanics are particularly, in a pronounced way, aware of that. | ||
| And then the last thing I think, Steve, are the cultural issues, which again, I don't think we necessarily talk enough about. | ||
| For example, acknowledging that there are two sexes in the United States, okay? | ||
| And saying that we don't want our teen daughters to be in a locker room with some guy who thinks that he's a girl, okay? | ||
| And I think Hispanics are particularly, are probably have a better propensity to tell the truth on these kinds of issues, okay? | ||
| Even if they might politically be a little bit left. | ||
| Culturally, very traditional, very conservative, very family-oriented, very Catholic and evangelical. | ||
| And for those reasons, I think that this shift, we're just getting started. | ||
| In Colorado 8, this is perfect because this year we have a chance to shatter the Democratic Party in November of this year. | ||
| Shatter it and let the progressive part of AOC and those guys become essentially the Green Party. | ||
|
unidentified
|
Right. | |
| To shatter the traditional Democratic Party. | ||
| Colorado 8 is at the center of that historic tectonic plate shift in late 1932. | ||
| Right. | ||
| You've been talking about this for years, you can see it happening, and it's the policies. | ||
| The policies talk to people about economics. | ||
| Let's play, I want to play the vaccine. | ||
| Can we play the vaccine part for Cortez? | ||
| Understand this. | ||
| We've got this data from Morning Consult, which I think is a really useful way of looking at it. | ||
| Now, these numbers, they look a little different, you might have seen, than other numbers about vaccination, because rather than using official vaccination data, which has some real comparison issues across different countries, Morning Consult just surveyed people, asking if they got the vaccine, or if they plan to, or if they're unwilling. | ||
| And you can see how this stacks up, right? | ||
| In every country, the vast majority of people have gotten the vaccine, except for Russia. | ||
| Those dark green represent those who are vaccinated, so you see those numbers. | ||
| The light green are those who are planning on getting vaccinated, right? | ||
| Those are people who are not opposed to it, they haven't gotten around to it. | ||
| The yellowish color are those who are uncertain. | ||
| And the red, the red is the most important number here, I think. | ||
| The red are the hardcore anti-vaxxers, the unwilling. | ||
| I will not get vaccinated. | ||
| And what you see in this chart is that the wealthy developed countries in the world, from Spain to Australia to the UK, Canada, Japan, different, you know, parts of the world, different languages and different traditions, they're all in the same range of 84 to 90% vaccinated, with a very small people who say that they're unwilling. | ||
| And then there are these two outliers at the top. | ||
| The US and Russia, the top of the list, 20%, 1 out of 5 people unwilling to get vaccinated, dead set against it. | ||
| And this big group of vaccine resistors, which is a total outlier, is having a profound impact. | ||
| This is a title! | ||
| The anti-vaccine right brought human sacrifice to America, and you write this quote, whether they were convinced that COVID wasn't real, that if it was, God would keep them alive or alternatively use COVID to kill them on schedule. | ||
| That vaccines are Satan's syrup or make you sterile or worse. | ||
| That in any case, vaccination mandates are, like a gun regulation, a tyrannical plot by liberals and globalists. | ||
| Or that the Omicron variant was introduced to deflect public attention from Ghislaine Maxwell's trial. | ||
| Whatever the reasons, millions of Americans have been persuaded by the right to promote death and potentially to sacrifice themselves and others ostensibly for the sake of personal liberty. | ||
| But definitely as a means of increasing their tribal solidarity and inclination to vote Republican. | ||
| The pandemic will eventually finish its course and supply of sacrifice victims will run out. | ||
| But the people who politicized and badly exacerbated this current mass fatality event must now realize, if only unconsciously, that large-scale human sacrifice... Okay. | ||
| Okay. | ||
| I can't. | ||
| Okay. | ||
| Large-scale human sacrifice. | ||
| Not one word about the Chinese Communist Party, the Wuhan lab, Fauci, anything about the virus, the thing of the virus. | ||
| It's the right. | ||
| It's Steve Cortez and Steve Bannon that have brought human sacrifice to America. | ||
| Steve Cortez. | ||
| You know, listening to the corporate media and the wailing and gnashing of teeth, right, because there are actually Americans who want to make decisions based on data and evidence. | ||
| By the way, Chris Hayes, he bemoans that chart. | ||
| I look at that chart, I say, isn't that wonderful? | ||
| That's American exceptionalism. | ||
| Really, right? | ||
| And that is a frontier spirit that still exists in this country of people saying, I'm going to make this decision based on what's right for me. | ||
| And for many Americans, they have made the decision, which should be a private decision, That they are going to forego the vaccine for whatever valid reason they want to have. | ||
| And here's the thing, Steve, because we know that these treatments, I don't really even like calling them vaccines, but we know that these treatments, because we know that they do not prevent you from acquiring the disease, nor do they prevent you from transmitting disease, there is no ethical argument to be had here, none, to compel people. | ||
| And furthermore, not only is there not an argument to compel people, there is no reasonable argument in favor of disclosure. | ||
| Right? | ||
| I should not have to disclose to anyone what I have decided, in terms of medicine, to take in my body. | ||
| Not to a restaurant, not to a ticket taker on a train, and certainly not to an employer as a condition to get a patient. | ||
| Biden said the other day the way to get to herd immunity, the only way, the only way, they asked him a question, how do we get through this? | ||
| He said, we've got to vaccinate 340 million plus Americans and then everyone on the planet, 7.25 billion people. | ||
| The blunt force object of vaccination. | ||
| It's your reply. | ||
| Look, that's ridiculous. | ||
| It's not happening. | ||
| That's clear, right? | ||
| And again, for very valid reasons. | ||
| Because people are young and healthy. | ||
| Because people have already had COVID. | ||
| Some of them several times, right? | ||
| People have very valid reasons to not take this vaccine. | ||
| And again, because these treatments do not prevent you from acquiring the virus, they do not prevent you from transmitting the virus. | ||
| That there can be no ethical arguing here why anybody should be compelled to take them. | ||
| Now thankfully, I think the trends actually right now regarding the virus are starting to turn favorably toward health. | ||
| Okay, so this situation is resolving itself. | ||
| It's called the human vaccine of Omicron. | ||
| And frankly, treatments. | ||
| When have we ever faced a health situation where we don't talk about treatments and where we actually disallow effective treatments, treatments that people want. | ||
| I mean, do you realize there's a black market going on right now out there in hydroxychloroquine and ivermectin. | ||
| I mean, that's ridiculous. | ||
| These are cheap and safe medications that should be widely and easily available. | ||
| Will it take investigations when we take over the house? | ||
| Will it take investigations to get to the bottom of this, do you think? | ||
|
unidentified
|
Yes. | |
| And listen, that is one... High priority. | ||
| I think that candidates who promise that, who promise that they will deliver on that, and this will not be a Paul Ryan Republican majority in the fall, those kinds of candidates will win in November. | ||
| You're going to be in the warm a lot more. | ||
| We'll talk about that later. | ||
| Real quickly, your social media, how they get to you, because they've got to follow you during the day. | ||
| Yeah, please. | ||
| And I'm putting up a lot of Chalk Talks. | ||
| Find me on Getter is the preferred place. | ||
| I'm just at Steve. | ||
| I don't know how I got that from this guy, but I did before him. | ||
| And on the Twitter, until they kick me out, I'm at CortezSteveCortez. | ||
| Because your content's better. | ||
| I love the Chalk Talks. | ||
| The Chalk Talks are unbelievable. | ||
| Chalk Talks are kind of my thing. | ||
| It's good. | ||
| It's good. | ||
| It's got the whole schtick. | ||
| I like it. | ||
| It's succinct. | ||
| Okay, we're gonna take a break. | ||
| When we get back, I'm gonna talk about Tennessee after the break because you got to punch out. | ||
| Got a very special individual we're gonna introduce in the next block and we've got some housekeeping to do. | ||
| I want everybody in the world to stick there. | ||
| We got to talk about redistricting. | ||
| We're gonna talk about precinct commitment. | ||
| All of it next segment. | ||
|
unidentified
|
I'll be back in a second. | |
| Conservatives have been helpless to do anything about it, until now. | ||
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| Okay, huge developments today, and I want to make sure everybody's up to speed on this. | ||
| So if we can put up, if Denver can put up the chart of, I think it was the tweet of Cortez. | ||
| And Cortez had to punch out, but I've got to get this chart up. | ||
| It's about Tennessee. | ||
| Remember, we've been talking about redistricting. | ||
| To get to the hundred seat additions, I want to make sure I explain this, because I keep saying a hundred seats a hundred years. | ||
| That's a hundred additional seats. | ||
| We have a hundred seat pickup. | ||
| Not 20, not 30, not 40, not 50, more. | ||
| To get to 100 seats, to break the Democratic Party forever this November. | ||
| And by the way, Colorado 8 that we just talked about, that is 50% Hispanic district they just created, thinking they're going to get a layup. | ||
| They're not. | ||
| We're going to win Colorado 8, okay? | ||
| Because we're going to win the Hispanic vote. | ||
| 50% or more of the Hispanic vote throughout the country. | ||
| What the folks in Tennessee did in the Republican Party, because this was kind of in the mix, it's 7 to 1. | ||
| They stood up and got 7 to 1 congressional districts. | ||
| Jim Cooper announced today The guy's been there for 30 years in the Nashville area, retiring. | ||
| This is, I think, the 29th retirement that we've had. | ||
| This is the way we run the tables on them. | ||
| This is so huge, and folks should look to Tennessee and the Patriots there that stood tall. | ||
| Missouri's a problem. | ||
| And Florida is still a problem with Governor DeSantis. | ||
| We need, I think they're talking about 18 to 10 now. | ||
| It needs to be 20 to 8. | ||
| They're playing Smash Mouth with us all over the country. | ||
| We need to get in there and fight hard. | ||
| This is incredibly important. | ||
| Also, we're going to start having guests that are coming in for the precinct committee. | ||
| We're going to start having people to give you live stories about what they've accomplished. | ||
| Precinct committeemen, people at the school boards, and people that are voting and becoming election officials. | ||
| The Secretary of State, you know, the liberal media is all over us every day, you know, blowing us up about, hey, we're working with the Secretary of State, you know, Jim Marchant, Fincham, all these guys, in particular the way they're trying to work together, right, in this compact throughout the country to make sure that we never, ever, ever again have This debacle we had on November 3rd, and I'm very honored to have Diego Morales, who joins us from Indiana. | ||
| He's a graduate, he's a Hoosier, a graduate of the University of Indiana, Indiana University, and also Purdue. | ||
| You've got a two for, you've covered your bases, I've got to tell you, I know how competitive they are there. | ||
| Diego, you're running for the Secretary of State. | ||
| First of all, it's an honor to be here in the White Room with you, Steve. | ||
|
unidentified
|
Thank you. | |
| It's an honor. | ||
| Diego Morales here, U.S. | ||
| Army veteran, running for Indiana Secretary of State, because my number one priority is election integrity. | ||
| If we don't protect our elections now, we're not going to have a country. | ||
| We're not. | ||
| And that is why I'm running to be the defender of our elections. | ||
| You know, I've been preparing myself for this job. | ||
| You know, I used to train volunteers, poll workers. | ||
| I used to work in the Secretary of State's office. | ||
| I used to work for state government. | ||
| I'm an entrepreneur. | ||
| I create jobs, as well as I'm an Army veteran, U.S. | ||
| Army veteran. | ||
| In fact, when I went to serve in the United States military, I had a green card in my wallet. | ||
| I came to America the right way, the legal way, respecting the rule of law. | ||
| But I came to America to give, to contribute, and to serve. | ||
| You know, I fled a small country in between Nicaragua, Cuba, and Venezuela. | ||
| Three communist countries. | ||
| My beautiful wife, which I believe she makes me look good, by the way, she fled Eastern Europe. | ||
| She came from Eastern Europe to America. | ||
| And we see the signs of communism, socialism, Marxism. | ||
| So our duty is to protect our country. | ||
| I don't want America to become a socialist, communist, Marxist country. | ||
| And that is why I'm running for Secretary of State, because I believe our freedoms, our liberty, starts at the polls, at the ballot box. | ||
| Let me ask you, are you running against, I take it, in a primary? | ||
| When's the primary going to be? | ||
|
unidentified
|
It is a convention. | |
| It will be on June 18th. | ||
| And so you've got to win at the convention. | ||
| And I take it that you're an outsider running against an establishment candidate. | ||
| You're in the war because you're an outsider running against an establishment candidate. | ||
| How are you going to do that? | ||
| The establishment is pretty powerful in Indiana, so how's an outsider Going to actually mount a charge and be able to take this convention? | ||
|
unidentified
|
You know, we're doing three things. | |
| First and foremost, we've been praying for so long, preparing ourselves for this. | ||
| I'm a lifelong Republican. | ||
| You know, I started at the headquarters office, putting the yard signs, staffing envelopes, making those calls. | ||
| And I have paid my dues to the Indiana GOP party, the right way, through hard work. | ||
| Number two, I've been putting the work in. | ||
| In one year, I put 75,000 miles in my car, crisscrossing all 92 counties of the state of Indiana, sharing my vision, my qualifications, and why I'm running for Secretary of State. | ||
| Number three, we're raising the money. | ||
| We raised close to a half a million dollars. | ||
| Cash on hand, we have over $432,000 for this race. | ||
| In your campaign? | ||
|
unidentified
|
In my campaign, correct. | |
| Real quick, we've got about a minute. | ||
| What we had earlier on that the liberal media tells us every day, someone like you should be a diet in the world. | ||
|
unidentified
|
Well, listen, first of all, I am a proud deplorable, you know? | |
| So, you know, I am actually, if you don't believe that the American dream is still alive and well, just look at my little life. | ||
| I came to America with nothing. | ||
| And I have earned everything, if I have something, through hard work and dedication. | ||
| And that's exactly how I'm intending to earn every single delegate at the state convention in Indiana, by cleaning the voter rolls, by strengthening voter ID laws. | ||
| I'm the only candidate who is promoting proof of citizenship. | ||
| No one is saying that. | ||
| I'm requesting proof of citizenship. | ||
| You know, it is not border suppression. | ||
| It's just common sense. | ||
| We need to limit absentee ballots. | ||
| So that's exactly how I'm going to intend to do it. | ||
| We've got 30 seconds. | ||
| How do people find out about your campaign? | ||
| How do they get to you on social media? | ||
|
unidentified
|
Two things, my website is diegoforindiana.com and my social media on Twitter, Facebook, Instagram, it's at CDiegoMorales. | |
| Diego Morales, running for Secretary of State in the great state of Indiana, a Hoosier, and we've got to get these Secretary of States. | ||
| They're absolutely incredible. | ||
| Diego, thank you so much for dropping by here in East Berlin, right in the nation's capital. | ||
|
unidentified
|
It's an honor, Steve. | |
| Thank you so much. | ||
| OK, tomorrow morning, more explosions on the Worm. | ||
| You're not going to miss it. | ||
| We've got a couple of special guests. | ||
| You'll see it tomorrow morning at 10 o'clock. | ||
| Thank you very much, Diego. | ||
| Thank you for coming in. |
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