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March 1, 2022 - Bannon's War Room
50:41
Episode 1,674 - War Amongst The Oligarchs;The Weaponization Of The Dollar;The Convoy Leaves MissouriEpisode 1,674 - War Amongst The Oligarchs;The Weaponization Of The Dollar;The Convoy Leaves Missouri
Participants
Main voices
l
lee smith
08:08
s
steve bannon
18:42
s
steve cortes
11:54
Appearances
t
tucker carlson
01:14
Clips
j
joe scarborough
00:08
| Copy link to current segment

Speaker Time Text
unidentified
out there against the mainstream media and say you're gonna call us racist you're gonna call us potential Timothy McVeigh's. F*** you.
tucker carlson
Using this opportunity this war in Eastern Europe to shut down domestic dissent in the United States and you're seeing it as always in our allies first.
Several of them, including Canada, have banned journalists who don't agree with their view of the war.
Again, if we're going to protect democracy, that should start at home.
And democracy is defined, literally defined, by the tolerance of the regime for dissent.
But no dissent is allowed.
So they've pulled RT off the airwaves in Canada.
We did that long ago.
And that led Mother Jones Magazine to ask this question today.
Quote, Both RT and Sputnik air in the United States too.
Untrue, but whatever.
They don't know.
Will Biden follow suit and crack down on pro-Russia disinformation?
If he does, U.S.
cable companies will also need to scrutinize media outlets like Fox News, whose shows, Tucker Carlson's particular, have parroted pro-Russia talking points.
Okay, so Putin invades Ukraine, self-evidently a tragedy, bad for the United States, and we're using that as a justification, because we care so much about democracy, to shut down any news organization, any journalist who questions the Democratic Party.
unidentified
Ukrainian women and Ukrainian children are in deep fear because of bombs and missiles which are going from the sky.
And Ukrainian people are desperately asking for the West to protect our sky.
We are asking for the no-fly zone.
We are saying in response that it will trigger World War III.
But what is the alternative, Mr Prime Minister?
To observe how our children are, instead of planes, are protecting NATO from the missiles and bombs?
What's the alternative for the no-fly zone?
We have planes here, we have air defence system in Poland, in Romania.
NATO has this air defence.
At least this air defence could shield the Western Ukraine, so that these children with women could come to the border.
It's impossible now to cross the border.
There are 30 kilometers of mines.
Imagine crossing the border with a baby or with two children.
I'm so glad that Samantha Power is coming here to the border from the Polish side.
Let her come to the border from Ukrainian side and see that.
Britain guaranteed our security under Budapest Memorandum.
So you're coming to Poland.
You're not coming to Kiev, Prime Minister.
You're not coming to Lviv.
Because you are afraid.
Because NATO is not willing to defend.
Because NATO is afraid of World War 3.
But it has already started.
And these are Ukrainian children who are there, taking the hit.
You're talking about more sanctions, Prime Minister, but Roman Abramovich is not sanctioned.
He's in London.
His children are not in the bombardments.
His children are there, in London.
Putin's children are in Netherlands.
In Germany, in mansions, where all these mansions ceased.
I don't see that.
I see that my family members, that my team members are saying that we are crying.
We don't have where to run.
This is what is happening, Prime Minister.
Well, thank you.
Thank you very much for your questions.
And thank you for getting here today.
And I'm glad that you have been able to get here.
And look, I just want to say that I'm acutely conscious that there is not enough that we can do as the UK government to help in the way that you want.
And I've got to be honest about that.
And when you talk about the no-fly zone, as I said to Volodymyr Zelensky, I think a couple of times, unfortunately the implication of that is that the UK would be engaged in shooting down Russian planes, would be engaged in direct combat with Russia.
But that's not something that we can do or that we've envisaged.
And I think the consequences of that would be truly very, very difficult to control.
What we can do is all the things that we are doing already and providing as much help and support to the Ukrainians as we can.
As I said to you earlier on, the UK was the first European country to offer military assistance.
Also doing everything we can to tighten the economic noose around the Putin regime, and we were amongst the very first to put that package together.
And I have to tell you, I think that it will work.
I think that Vladimir Putin's venture is doomed to fail, and I think that it will be extremely difficult for him to continue on the path that he is on.
But in the meantime, as you rightly say, there is going to be a period of suffering for the people of Ukraine, for which Putin and Putin alone is responsible.
He's taken a decision that I think many people around the world find absolutely Inexplicable as well as inexcusable.
joe scarborough
And are Americans or Europeans willing to pay higher gas prices to save Ukrainians' lives?
unidentified
Exactly.
And that's why politicians have to be honest with them.
I think if Boris Johnson and if the rest of the leaders go out, if Mr. Biden goes out and says that we have a choice on the table, it's whether the oil prices go up Or we are protecting Ukrainians right now.
We have to save these people.
You know, looking at hundreds of thousands of people on the street right now, who actually pushed the government to change their decisions?
Because we remember that the sanctions were pretty soft in the first 48 hours.
So it was people who went to the streets and pushed the governments for stronger sanctions and to make tough decisions.
I think the people would be willing to pay extra few, probably, I don't know, 20 or 30 cents or even a dollar, but not, but just not killing.
All the people that have gone out there against the mainstream media and said you're going
to call us racist, you're going to call us potential Timothy McVeigh's, you are.
steve bannon
OK, it is Tuesday, the 1st of March year of our Lord 2022, and it is the 10th anniversary of a unique individual in American history, Andrew Breitbart.
And if he hits if he could see today what he used to call the Democratic media industrial complex, what is metastasized into a complete regime, an apparatus.
An apparatus that is trying to thwart the freedom of the American people.
In fact, tonight, I refuse because there's no State of the Union.
A president gives State of the Union.
This tottering old man that's this illegitimate president.
He's illegitimate.
Totally illegitimate.
And I don't care if Jamie Raskin doesn't like that or the mainstream media.
I don't care who you like.
Trump won.
This illegitimate.
And by the way, starting at 11 o'clock today, we're going to go live to Wisconsin where the Judge Gableman is going to be doing a live presentation.
about what they found in Wisconsin and strap in, okay?
Because the decertification program, the decertification process is very, very alive and well.
And so we want to dedicate this show to the living memory of Andrew Breitbart, a man who above all else was about courage.
Because Andrew knew more than anything that it was upon courage that all the other virtues rest.
So we're going to get into it today.
We wanted to show you the media war that's going on back and forth.
And of course, Joe Biden tonight on this talk up on Capitol Hill is going to be talking about adding a dollar to American gas prices because of support for Ukraine.
I think it's going to be the top of his list.
I want to bring in Steve.
Oh, do we have Maureen Steele?
Oh yeah, fine.
Let's go to the better, we've got great news here in the spirit of people taking their lives in their own hands and forcing change in this country.
Let's go to the convoy and let's go to Maureen Steele who's one of the organizers.
Maureen, get us up to date on what happened last night when you got to the rally point.
I know you guys are going to kick off today.
Where are you going to go?
What's going to happen?
And how can people get involved?
unidentified
Okay, we were in Missouri last night.
We had a tremendous welcome.
Just beautiful.
Thousands of people again turned out with food and, you know, it was again just a loving, jovial atmosphere.
People going around saying that they haven't felt this proud of their country in a long time.
A lot of people saying since 9-11.
We are rolling out a little bit later this morning, 9.30 Central Time, and we're heading to Indianapolis.
We have a rally there planned.
Happy to get you guys the flyer for it.
Get it up.
And it's we're there for two days.
We're coming in this afternoon.
The first and we're going to be there all through the second and we're going to roll out on the third.
So this is a big rally for freedom and for accountability.
It's called Changing Gears.
steve bannon
Okay, just once again, so today we're going to put the, as we do every day, put up non-stop on all the sites and get the map of how people get to this and get to the overpasses and then can meet you.
But once again, you're leaving Missouri today and where are you heading?
Are you going to stay there and kind of get refreshed and to get refocused?
Are you going to be there for two days?
Where is that going to be?
unidentified
We are.
We're heading to Indianapolis.
It's a farm equipment area.
I'll get you the name and all the directions are on www.medicalconvoy.org.
There's directions.
We'll be rallying our exact route.
steve bannon
We'll get it up.
Maureen, do the folks in the truckers in the big rigs and the folks in the RVs and the SUVs and some of the moms I see even joining for 10 or 15 miles to show support?
Do you guys believe you've already changed the narrative here, in fact, that you've got all these states, all these mayors, everybody's running away from, even they came out today, we're going to have Dr. Naomi Wolf and hopefully Dr. Robert Malone on about the vaccines for 5 to 11 year olds, and Biden tonight is going to do it, mask optional, and you're going to see them running away from, you know, what pandemic, COVID what, you know, mask what.
Do you think you've already changed, that you've already had a massive impact, and they don't want to deal with Oh, I absolutely think that.
unidentified
I mean, just the mere effector of the convoy had, you know, President Biden and a lot of the blue states rolling back the mandate.
Had we not done this, I don't believe that would have happened.
And just looking at his fearful reaction of, you know, I'm pretty much, me and Brian and Mike Bennett have pretty much faced this convoy on the news.
I mean, Maureen Steele coming to town, he put up razor wire and barbed wire fences.
I think it's absurd.
So, absolutely, we're having impact.
I'm uncertain where the terror comes in, but as I mentioned before, I think it's, you know, it's a result of a weak leader and someone who's fairly instinctive to be so fearful and to ruin fear and to let fear guide him.
instead of listening and what his people have to say.
You know, he puts heavy equipment on the streets of DC right now.
There's snow plows and all kinds of stuff blocking the roads.
So he didn't want us to do it, but he did it with heavy equipment.
It's all just so strange, and I think people of America see that.
It just, it leaves you scratching your head, and it's just not right here.
So I absolutely believe it had an impact, for sure.
Thank you.
steve bannon
It's fully performative, and you guys have already won a major victory, but we have more to win.
Okay, we're going to get up.
Maureen Steele, hopefully we'll check with you later in the show and then this evening at 5 o'clock.
Incredible job of organizing this.
This thing goes from 15 miles long to 30 miles long.
People join it during the day.
We're going to make sure you know every overpass, every way that you can join it.
Maureen Steele.
How do people get to you once again, Maureen?
unidentified
www.thepeoplesconvoy.org Maureen, thank you very much.
steve bannon
Great job.
Godspeed.
unidentified
Thank you.
steve bannon
They're going to regroup in Indianapolis.
This will be good.
Give them time to get refocused and get everything lined up because the convoy is huge.
I want to go to Cortez.
Do I have Cortez?
Cortez, thoughts, we're going to get into all the economics and the markets and the geopolitics of talk about performative, of what's happening in Europe, but your thoughts on, you're one of the first, you're the first Wall Street guy to really come to the nationalist, economic nationalist positions of the MAGA movement.
What are your thoughts about this convoy right now, sir?
steve cortes
Well, listen, we see a lot of displays of courage, and you rightly started this show by paying tribute to a very courageous individual, Andrew Breitbart.
He was not only courageous himself, he displayed it in his own life, but he exhorted all American citizens to be courageous.
And we're certainly seeing that right now in this convoy in the United States.
We certainly saw it Turbocharged in the convoy in Canada.
We're also seeing, I would argue right now, great courage from a lot of Ukrainians who are defending their homeland against a totally unjust aggression.
Where we are not seeing courage, Steve, and I think this is critical, we are seeing a total void of courage almost, is in Washington D.C.
among the ruling class and among our political officials, whether they are political operators, the donor class, or actual elected officials.
Very few people, even so-called conservatives, are willing right now to stand up against the Washington War Machine.
What's happening in Ukraine is a tragedy, but a lot of people in D.C.
and Brussels and London are intent on making that a global tragedy.
It takes courage to stand up against the Washington War Machine.
steve bannon
And take advantage of it.
steve cortes
Short break.
steve bannon
Lee Smith, Steve Cortez, next.
unidentified
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steve bannon
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Action, action, action.
Use your agency.
Okay, talking about action and agency, I've got Cortez and Lee Smith.
They're going to try to make some sense of what's going on here.
Talk to us about the global capital markets and what's happening here.
They've weaponized the dollar now.
We're in uncharted territory.
They still don't cut the, you know, finally Daily Mail picked up what we've been hammering about.
They haven't picked up yet on hammering the oligarchs about the massive energy purchases.
I think the Daily Mail says it's a billion dollars a day between Europe and the United States.
Steve Cortes, where do we stand?
steve cortes
Steve, this is, uh, it is truly unprecedented.
You're exactly right.
We have never before engaged in this kind of, uh, as a, as a world, in this kind of concerted weaponization of money.
And what I mean by that is cutting Russia off, essentially debanking Russia with very important exceptions for energy.
I'll get to that in one moment.
But essentially debanking the entire country of Russia.
What has it done?
Well, it has forced the ruble, their currency, into an absolute freefall.
To get a visual on this, I think it's smart for us to take a look at a chart.
So I have a chart of dollar versus ruble to show just how momentous this is.
At the very far right of the chart there, you see An absolute explosion higher in the dollar versus ruble.
You can see for most of that chart on the left part of the chart, currency markets generally are pretty stable.
Dollar versus ruble had traded in a pretty predictable range for a very long time.
That chart goes back a year and a half.
The dollar bought 69 rubles as recently as just a few months ago.
It has now exploded to over 100.
It touched 113 yesterday.
It's over 100 rubles to the dollar right now.
Now, what does this mean tangibly?
This goes way beyond foreign exchange markets.
What it means tangibly is that Russian citizens are right now seeing their purchasing power collapse.
The rubles that they hold, the rubles that they have worked hard to earn, people who have nothing to do with this war, people who may not support Putin at all, they are seeing their buying power, they are seeing their quality of life collapse in front of them in a violent way.
And this was instituted and caused By a volitional decision of the United States and European powers primarily to debank Russia.
Something we did not even do to Nazi Germany, as atrocious as that regime was.
So this is uncharted territory.
This is a country of 145 million proud people.
Who are suddenly being cornered, who are being put up against the wall.
We don't know what the con... I'll be quite honest, Steve, we don't know what the consequences will be, but when you're talking about a nation with the largest nuclear arsenal on Earth, taking this kind of unprecedented step, in my view, is incredibly dangerous.
I would argue, Steve, that because of this weaponization of money, and because we have basically excluded the oligarchs, okay, Putin and his oligarchs, guess what?
They're still getting paid, and you're right, to the tune of a billion dollars a day in total, they're still getting paid for the energy that they ship to the United States and to Europe.
U.S.
last year hit an 11-year high in Russian energy imports because of what Biden did to American energy.
So they're still getting paid while the Russian people are being put up against the wall.
In my view, this creates a scenario where the chance, and I'm not saying it's a high chance, but the chance of a nuclear episode is probably higher than at any time since the Cuban Missile Crisis.
We are playing with fire right here.
We have dropped a financial dirty bomb on the Russian people and we don't know what the consequences might be.
steve bannon
If it's not nuclear, it could be, look, there's cyber superpower.
It could be cyber.
They could be in the grid or anywhere.
My point is that what the party of Davos is doing is trying to have regime change.
And that's where they're going after the Russian people.
This is clearly about regime change.
They're talking about it all day long.
Fiona Hill, just like the young woman in the jumping Boris Johnson, the Ukrainian journalist, is saying we're already in the middle of the Third World War.
And look, to be blunt, I strongly recommend it.
These are the tools and policies I recommended.
First off, just to go off the Chinese Communist Party originally and also Hong Kong after Hong Kong, which is every bad except for the bombs dropping.
Right.
But what they did to the people in Hong Kong was far worse than they did to the people in Ukraine until they started hitting them with missiles.
But nobody in the world didn't say a peep about that.
And I actually agree with the 1619 Project.
I recommended debanking the oligarchs in the CCP, the criminals.
I recommended weaponizing the dollar against an existential threat was the Chinese Communist Party.
Here, you're doing it in something that we still don't have.
They have not made the case why it's in the vital national security interest of the United States for us to be involved in any kind, and by the way, you have three types of war.
You have cyber and information war, you have economic war, and you have kinetic.
We're full-on in information cyber and in economic warfare right now.
This is like we're in economic warfare.
I recommend it against the Chinese Communist Party because they're the font of all evil, and they're the ones who are going to prop up Russia right now and have the ability of Russia.
Steve, any other comments?
I'm going to go to Lee Smith here.
Any other comments, analysis of particularly where's money going today and how's that going to impact people?
steve cortes
Sure, so money right now, the stock markets are actually fairly stable, but what we're seeing today, the biggest move is money into U.S.
Treasuries, into the bond market, meaning that as price goes up, the interest rates, the yield goes down on bonds.
You know, we've been talking a lot about interest rates on this show, 10-year Treasury yield, which is the benchmark for the world, very recently was above 2%.
It's all the way down to 1.76% today, the lowest level since January.
unidentified
Why?
steve cortes
Capital markets are increasingly convinced that the Federal Reserve is going to use the Ukraine crisis as an excuse, as cover, to not engage in normalization of policy, to not hike interest rates.
What does that mean for the audience out there?
It means the inflation scenario, the inflation pain that you have already endured, that had nothing to do with Ukraine.
All the doing of Joe Biden, Nancy Pelosi and Chuck Schumer.
That inflation pain, in all likelihood, is going to get acutely worse in the coming weeks and months because the Fed thinks they have found the excuse to screw over the deplorables and working class people and, once again, try to reward the asset class holders, the hedge fund titans, the very people, by the way, who are clamoring for war, for American involvement in war over in Ukraine.
steve bannon
Also, the gaslighting on what's causing the problems in the economy is ratcheting up.
You've got CBS, ABC, another article out today, I think it was in The Hill.
It's all because of Putin.
It's all because of this war.
That's why inflation's out of control.
That's why you have shortages, and that's why you have supply chain issues.
Steve Cortes.
steve cortes
Yes, listen, the corporate media clearly thinks that they found a beard here.
They think they found a narrative they can sell upon the American people.
Undoubtedly, Joe Biden will try the same tonight in his speech.
And I'm glad you're not calling it a State of the Union because he's not a legitimate president.
But undoubtedly, he will try to use that excuse for it.
But let's talk about actual data.
Let's talk actual numbers.
When Joe Biden illegitimately prevailed in November of 2020, this current Futures price on crude oil was at $41 a barrel.
The Trump energy boom had made America energy dominant, not just independent, but energy dominant.
And we had low-priced, affordable, consistent, dependable American energy.
Joe Biden reversed all of that as one of his first actions in office, declaring war on pipelines, on fracking, and on drilling.
The result was before Ukraine heated up, before things got hot in the Black Sea region, crude went from $41 a barrel to $90 a barrel.
So it had well more than doubled before any of this aggression in Eurasia.
So it is a canard.
It's a ridiculous excuse.
Our audience will not fall for it because, Steve, your audience is too well educated on these issues.
But they need to also become force multipliers, because believe me, ABC and The Washington Post and CNN are all going to try to say these prices you're dealing with are because of Putin.
They're not.
They're because of Biden.
steve bannon
There's two created crises here.
Both are created crises.
This did not have to happen.
I want to bring in Lee Smith.
To tell us why.
First off, Lee, you're hearing now, and this is part of the information war, regime change.
Putin's crazy.
He's not himself.
You know, he's isolated because of COVID.
He's not thinking correctly.
Regime change.
The other thing you're hearing now, they're dropping out of town.
We're already in the middle of the Third World War.
Fiona Hill's leading that charge.
MSNBC's all over it.
And now the thing about no-fly zones.
In sending direct military, well it's Ackman calling for, Bill Ackman calling for direct military involvement by NATO in the West.
Richard Engel, the senior correspondent for NBC, sits there in a live thing, it says, or tweets out, we should be having bombing, NATO and the United States should be bombing targets, Russian targets, Russian targets in Ukraine right now.
You're hearing it all, they're coming out from many different ways.
Lee Smith, make sense of all this for our audience.
lee smith
Two things.
First of all, what you and Steve were talking about regarding sanctions is 100% correct.
That they're pushing for regime change.
So this is the first.
The idea is that it's the same way that they've used Ukraine as an instrument against Vladimir Putin for decades.
Now what they want to do is, by hurting the Russian public, they want to be able to use the Russian public as a goad against Vladimir Putin.
That's the purpose, hurting the Russian people.
And typically, this is how the United States uses sanctions, right?
To try to create unrest in the street and turn the public against the regime.
I mean, again, what this is, the idea behind it is actually quite vicious, right?
The idea is that we do not have a strategy ourselves to do something about it, but that we will employ the populations of different countries, whether it's Ukraine or now the Russian public, to turn them against American adversaries or states that are frequently adversarial like Russia.
That's the first thing.
The second thing is... Okay, hold on.
steve bannon
Lee, hang on.
Hold all the other thoughts, because we're going to get to it.
We've got plenty of time in the next segment.
Steve Cortez, Lee Smith, trying to sort this all out.
Second hour, we're going to go to Wisconsin.
There's a live hearing on decertification, the evidence they found there.
Also, we're going to talk to Cortez before he leaves us.
He's going to show us some amazing polling about Hispanics.
Today is game day.
In the great state of Texas, the first day leading to the destruction of the Democratic Party as we know it on November 8th of this year.
Strap in for all of it.
You're in the war room.
unidentified
The war is gone.
We rejoice when there is no more left to...
...to be continued...
...until the war is over.
The End War is over.
War is over.
War Room.
Pandemic with Stephen K Bannon. The epidemic is a demon and we cannot let this demon hide Pandemic here's your host Stephen K Bannon Okay, welcome back had a little technical difficulty here, okay Now we got over the technical difficulty.
steve bannon
I love that entry so much.
We'll play it twice.
A little technical snafu, but we're going to try to get through this.
We've got Matthew Terman is on the Polish border today.
Ben Harnwell's in Rome.
We got an update on the media there on this march to an expanded global conflict.
But I still have Lee Smith and Steve Cortez.
unidentified
Fine.
steve bannon
Let's just stay with that right now.
So, Lee, let's go back to you.
Is Zelensky this crush for military involvement, right?
In every capital they're pleading, they're saying, hey, we need regime change in Moscow, Putin's crazy, but we need a no-fly zone, we need more armaments from the West, but particularly we need direct military involvement.
Where do we stand on that?
lee smith
Well, I mean, we know that Zelensky's been asking around.
There was a report yesterday from the New York Post that Zelensky was asking Boris Johnson for help.
Out of Jerusalem, there was a report a couple of days ago.
The Israelis, the Israeli Prime Minister Naftali Bennett turned down Zelensky's request.
The Israelis are in a tight situation themselves.
And actually, this is something that people can learn from.
The Israelis have Russian forces on their border in Syria, right?
The Israelis like Ukraine.
The Israelis voted in 2014 to censure Russians for violating Ukrainian sovereignty.
Nonetheless, the Israelis are wise enough to understand, as a small power, they do not want to get in the middle of an enormous struggle like the one that we're seeing right now between Russia And Ukraine, more importantly, between Russia and NATO.
steve bannon
I just also want to say, yesterday you were able to get into, it was kind of jammed, is about the Ukraine government and the oligarchs.
People talk about the oligarchs in Russia, and yes, we keep saying, hey, cut the oil off, stop buying the oil here, ramp up production, which Jen Psaki dismissed out of hand as ridiculous.
Ramp up production in the United States.
Stop buying oil from the oligarchs.
Western Europe wants to do something except sending emojis or memes.
What they should do is stop buying their gas, right?
That's what Russia is.
It's selling these natural resources.
Stop buying it and go after the oligarchs instead of going after the Russian people.
But talk about there just as many oligarchs in Ukraine.
I mean, this place has been a nest of corruption for the Clinton Foundation, the Clinton Initiative, for the Bidens to go over there, stealing with both hands with these corrupt oligarchs.
Lee Smith.
lee smith
Yeah, well, look, as we saw unfold during the course of Russiagate starting in 2016, the Democratic Party doesn't really have a foreign policy.
What the Democratic Party does is it sees foreign affairs and looks for different ways to use those against their domestic opponents, right?
Whether this is the Republican, the 2016 Republican candidate for president, whether it's the American public you're speaking before about how they intend to discuss in the State of the Union tonight that the reason for high energy prices, high food prices, It's because of Putin and his aggression against Ukraine.
Remember that Putin has been the excuse for everything going back to at least 2016.
And this brings me to one other point that I wanted to make because I think it's very important.
When we hear different people in the press right now discussing Putin's intentions, Putin's madness, let's remember these are the same people who for five years told us That Putin had sought to seed his own candidate into the White House, and that was Donald Trump.
We had the former director of the CIA, John Brennan, assessing an official government intelligence community assessment that this is what Putin was up to.
These same people are today on TV, and that's why I've said Russiagate was not simply a Beltway political scandal.
It was a national security disaster waiting to happen.
Now, can you imagine what it would be like to have Jake Sullivan meeting with Russian officials?
At some point, they should have called back Sullivan and said, wait a minute, Jake, you were one of the boys on Hillary's team who's out there pushing Russia collusion.
Do you think we're really going to put you in front of Russian officials and Vladimir Putin?
That you helped put Putin in the middle of this nonsensical scandal?
This is not good for American interests.
So this is a very, very important thing to remember.
It was not just a political scandal attacking the America First candidate and then the America First president.
This has hurt the entire United States as a whole, whether they were Trump supporters or not.
It has weakened American interest globally.
And now we see in particular how it's hurt us vis-a-vis a very serious world power with a very considerable nuclear arsenal.
steve bannon
I want to go back also the continuity that you had the situation with the second impeachment.
I mean, everybody you see on TV was all, you know, Brennan and these guys clapper all over.
No, I mean it's obscene.
about Russian interference on the Trump side in the 16 and then what I call the nullification project, which they don't want to talk about. They try to nullify Trump's presidency out of the box.
lee smith
Right. And we fought him every every step of the way. The other was the second, the first impeachment where they came right to the Ukraine was right in the middle of it. There's an exact through line through this entire thing. Lee Smith. No, I mean, it's obscene. You see these same people on TV. And I don't mean to keep hitting strictly on the media war on the information war, but this is central insofar as they are trying to shape public opinion.
The same people who are on TV now either pushed Russiagate or they pushed the impeachment.
It's astonishing to see the same people who were testifying against Donald Trump in the House impeachment in December 2019, and these same people now are being called on television right, to lend their expert opinion on Ukraine.
So again, what we're seeing is the fact that the national security establishment is entirely hollowed out.
This is an enormous issue that we have to deal with right now to be able to process this information and to understand what's really going on and who we should not be listening to and whose counsel we should dismiss entirely.
steve cortes
And you know, Lee and Steve...
steve bannon
This is why Mark...
Yeah, go ahead, Steve.
Go ahead.
steve cortes
Lee and Steve, I just want to make this point because I think Lee's exactly right, and I've seen few people comment on this, certainly not in legacy media, this idea that the corruption of Ukraine, of the oligarchs there, is so intertwined with the corruption of the worst characters in American politics, people like Joe Biden and Hillary Clinton.
The oligarchs of Ukraine allowed their country to be used essentially as a piggy bank.
For the worst characters in American politics.
Part of the consequence of that combined corruption from Washington and New York to Kiev, part of the consequence, unfortunately, is that the Ukrainian people were deluded into believing that they actually had a path to NATO, that they actually had protection from the West, and that they should be incredibly confrontational with their far bigger regional enemy, Russia.
Of course, none of that was the reality, and the Ukrainian people, tragically now, are dealing with the bitter fallout.
But here's my point.
Those very same people that facilitated and benefited from that corruption, they are now the ones pushing escalation of the United States regarding Russia.
And they should, to Lee's point, these are the last people in the world that we should be listening to.
The people who have been wrong about everything.
The people who have been utterly corrupted on a personal and a policy basis.
Those are the people who are clamoring for American escalation right now.
And the people out there with blue checks in their Twitter, who are cheering on the collapse in the Russian ruble.
They have no idea the kind of fire that they are playing with right now.
and the kind of danger that that can place the world in, including the United States.
unidentified
Yeah.
steve cortes
When we are engaging in these kinds of unprecedented tactics again, against again, a heavily armed, the most heavily armed nuclear power on earth.
It makes no sense for the United States to try to aggressively put Russia into a corner right now.
We should be seeking de-escalation between Russia and Ukraine.
steve bannon
And I just want to add the cyber to that.
This is the point today where I wanted to start off the media with.
Zelensky signed yesterday, he signs the application for the quick march to EU status, right?
The President of the EU says, yeah, we're going to try to expedite this.
And then for the last 24 hours, it's been regime change in Russia.
No-fly zone.
They're actually having a discussion now about no-fly zone to the point that a journalist backs up Boris Johnson.
He's got to give this kind of rambling answer, right, about no-fly zone.
And they're talking about, they're reaching out to Israel, they're talking about actual, you got Ackman, the hedge fund guy, other people talking about active combat troop support into this situation.
And what they're doing on the media is showing the, obviously, the tragic footage of the women and the children, and what's happening in these cities, and the bombing, and that, they're playing up the emotional side of it, when we still got to ask the question, and this is what you have to do, what is the vital national security interest
Of the United States in the bloodlands and that's what these things historically been been called this remember Ukraine for most of living memory has been part of either Poland, Russia, the Austria-Hungary Empire.
It's only with the fall of the Soviet Union that it became it actually became had a nation or what became together as a nation.
Right?
Not just a culture and a language, we came together as a nation, and it was a, and hey, the guy in 2014 was a, he was a Putin puppet, there's no doubt about it, he was a Putin puppet, but it was a democratically held election that the EU initiated and had a coup on.
So, Lee, I just want to make sure people understand, and that's why this audience is, and I've called Putin a KGB and bad guy from time immemorial, from the beginning, right?
A bad guy, and these KGB guys are bad guys, but they're the mini-me to the Chinese Communist Party, the criminal element in Beijing, and that's who's going to bail out Putin.
But to Steve Cortez's point, We are playing with fire here, and this is like the Guns of August, right?
The Law of Unintended Consequences.
You have no earthy idea, hour by hour, how this thing is going to play out.
And I just want people to understand, the nuclear weapons are an issue, and the tactical nuclear weapons are obviously a huge issue, but the cyber element, they are a superpower when it comes to cyber.
I would actually argue They may be better than the United States in China when it comes to offensive capability on cyber.
Lee Smith, I don't really mind you, I think it was in June of 2017, did they not, did Russia not shut down the nation of Ukraine, essentially, as a operating entity with a cyber attack?
And I think some of this also came off of NSA, some of our NSA code, some of the offensive capability of the United States that was leaked out of NSA.
Lee Smith?
lee smith
I want to raise one more possibility in addition to the idea of nuclear conflict, cyber conflict, information warfare.
And I raised this a little bit yesterday.
We now know that there's another form of asymmetric warfare, and that's biological warfare, right?
In fact, it was the Soviets who came up with the idea, who came up with the doctrine of being able to use a weapon that your opponents, that your adversaries wouldn't even know you used.
And as I mentioned yesterday, there has been no pushback.
There has been nothing.
The United States, no power in the world has held the Chinese Communist Party accountable for what was effectively a release of a bioweapon.
The issue is Wuhan, right?
So the idea, right, the idea that we believe that we've created nuclear deterrence.
unidentified
Okay, great.
lee smith
That's a big deal.
What about biowarfare?
Do we have a deterrence on that count?
We patently do not.
So there are a number of different issues here.
Again, you hear people talking about, well, would the Russians really use a nuclear, really use a tactical nuke?
That would be crazy.
There are a whole host of different weapons now that we know that the Russians can use because they've already been deployed by Beijing.
steve bannon
Lee, we've got to bounce, but last question before we go.
I need people to know how to get to you.
Do you agree with Steve Cortez's thesis?
We are playing with fire in this situation right now where it's still uncertain what the vital national security interests of the United States is, sir.
lee smith
Yeah, I absolutely look.
I mean, I think if we look at the history that the Obama-Biden faction, right, of the U.S.
establishment has actually been fairly close to Russia.
They facilitated their entry into Syria.
They have not wanted big problems with Russia.
Nonetheless, what we're watching right now, this establishment is extremely dangerous because it's incoherent.
It's reckless, right?
So this is absolutely something we should be concerned about, that they may blunder Their way may blunder our way into a serious conflict.
unidentified
Absolutely, that's a concern.
steve bannon
Lee, how do people get to your great writings?
I know you're working on another book in the future that's coming out.
How do people get to the original book about the coup?
How do they get to your writings in your Tablet Magazine article?
lee smith
Yeah, well, I think I mentioned it before.
My most recent book, The Permanent Coup, there's a chapter in there called Ukraine the Model, and it describes a lot of the background If you want to understand what we're watching today, the U.S.
government's involvement in Ukraine and how they used it as a goat against Putin, there's a long chapter in that book, The Permanent Coup, so I recommend that.
And also, if they want to follow me, I'm on Truth Social on Twitter, Lee Smith, DC, on both counts.
Thanks very much for having me on, Steve.
steve bannon
Lee, audience loves you.
Always clear-cut.
Clear-eyed analysis.
Short break.
Cortez is going to stay with us.
We're going to go from the Polish border with Ukraine.
Matthew Tierman is there.
To Utah to talk about MyPatriotSupply.
All next in this World Inferno.
unidentified
In the War Room.
War Room.
Pandemic.
With Stephen K. Banham.
The epidemic is a demon and we cannot let this demon hide.
War Room.
Pandemic.
Here's your host, Stephen K. Bannon.
steve bannon
OK, I want to go back to Cortez and go to the Polish board.
Steve, just one more time, I just want to make sure you walk through the links between the incompetent and corrupt national security apparatus, the ruling class as personified by the Clintons and the ruling political class, the Clintons and the and Biden.
And the oligarchs, the corrupt oligarchs, who are every bit as corrupt as the oligarchs in Russia.
Steve Cortez.
steve cortes
Yes, and an important point, by the way, both of these countries, Ukraine and Russia, have oligarchs.
Russia's are bigger and more powerful, richer and more powerful, but Ukraine certainly has them as well.
And the oligarchs of Ukraine, they turn their country into effectively a piggy bank for corrupt officials from the West, including the United States.
Let me give you some concrete examples.
Hillary Clinton, when she was Secretary of State, when she was the sitting Secretary of State, of the United States.
She said, I'm not going to take money from foreign governments anymore for the Clinton Foundation, but she continued to take money from representatives of those foreign governments, including Ukraine, which ranked, not surprisingly, number one in the list of countries.
This is compiled by the Wall Street Journal.
I put it up on my social media chart of it.
Number one contributor to Hillary Clinton while she was the sitting Secretary of State of the United States.
And of course, she only ramped up those collections once She was out of office and we see it with with Biden and with the Biden family Which I really prefer to call the Biden cartel Massively cashing in of course on its corrupt dealings and corrupt connections and influence peddling for Ukraine now Why does that matter for the United States today those very same people are?
Biden, Clinton at all.
They are the ones pushing this American escalation, pushing ad nauseum this effort to inject the United States into what is a regional struggle or at least should be a regional struggle of Russia versus the Ukraine.
These are the very people we should least be listening to.
Unfortunately, in Biden's case, he has the levers of power right now.
Also, Lee Smith mentioned Jake Sullivan.
I think he deserves particular mention because Jake Sullivan Who is now supposed to be the tip of the spear when it comes to our national security policy, White House National Security Advisor.
We know from the Durham filings, getting back to his dark activities, we know from the Durham recent filings that he was deeply involved in the Clinton campaign efforts to spy, to use the national security apparatuses of the United States, to spy on Donald Trump both as a candidate And as the President of the United States, an act of treasonous espionage for which he should be prosecuted.
Instead, he is right now formulating policy in this most dangerous moment that we have faced in decades.
This is the cast of characters that we're dealing with right now on both sides of the ocean.
steve bannon
We are gonna hammer this every second of every day.
unidentified
Okay?
steve bannon
And the other thing we're saying is you're not going to send American boys and girls over to, young men and women, over to the bloodlands to defend this corruption.
Not going to happen.
Because that's who's really running things here.
Yes, the horrible tragedy of the people who always bear the brunt of it, right?
And these are horrible images.
Nobody's saying they're not.
But you've got to understand what the game is, okay?
You've got to understand what the game is.
You have a corrupt ruling class in this country between Wall Street, Silicon Valley, and Washington, D.C.
They're absolutely corrupt, and they're hardwired into a corrupt oligarchy in Europe that's from the city of London all the way to Davos and Brussels, okay?
Corrupt up to their eyeballs.
Let's go to the Polish border.
where the refugee crisis is taking place.
Matthew Tierman, Matthew, we've had some technical issues trying to get you in, but let's see how it goes.
Matthew, tell us what's happening at the Polish border with Ukraine.
unidentified
Okay, that didn't work.
steve bannon
Okay, we'll try that in a minute.
It's not coming up, but let's go.
I tell you what, let's go back.
Cortez, why is the mainstream media, and why is Fox not even getting to the bottom of how all this is interlinked?
Because it's up in your grill.
It's not even trying to be nuanced.
It's in your face, the interconnections here, sir.
steve cortes
You know, it's fascinating right now, Steve.
There really is.
And you know, you started the show with Andrew Breitbart, who called for courage, who wanted all American citizens to be courageous.
And you have to be courageous right now, unfortunately, to just be skeptical of the regime's narratives.
When I say the regime, I mean our regime, by the way.
Biden and his complicit corporate media.
If you are skeptical of their narrative, if you detest war, you're immediately called a traitor.
You're called a puppet of Putin.
So it takes real courage to stand up against it.
And I think, unfortunately, we see almost uniformity when it comes to the legacy media outlets.
Thankfully, there's a show like yours out there to inform people and to spread real analysis and the real truth and the real risks that are out there.
By the way, speaking of risks, let me give you a market update.
As we're speaking, Steve, I said that markets were reasonably quiet, and they were.
Things are volatile.
That has changed since I said that a half hour ago or whatever it was.
Right now, crude oil well above $100 a barrel.
We have WTI West Texas Intermediate, which is the benchmark crude for the United States, is up $8 to $104 a barrel.
So we have the dollar versus ruble above 100.
We have crude oil now well above 100, up 8% simply on the day.
The economic ramifications, Steve, of what we've already done are going to be incredibly severe.
And I worry that this is just an appetizer for a terrible feast.
steve bannon
I shouldn't call it a feast, but a I want the folks, I want the hard-working, working class Hispanics in the Rio Grande Valley in South Texas today that can hear the sound of my voice.
Your lives are going to be financially destroyed because of what this oligarch ruling class in this country is illegitimate, what they're doing right now.
And on Morning Joe, they sit there with the representative of Ukraine saying, the American people won't care about another buck a gallon at the thing, they're prepared to do it.
No, they're not.
They're not.
They're not, we'll put that, I'll tell you what, let's have an up or down vote on that.
I want Biden to go up there today, totter up there like he tottered out there from Marine One the other day, totter out there and let's make the case tonight.
Show enough respect to the American people to actually make your case.
Make your case.
We're going to break.
I tell you what, we're going to keep Cortez over.
Cortez has got this amazing chalk talk on the Hispanic vote.
We have in our gun sights the destruction of the Democratic Party on November 8th, and nothing's going to take us off.
That is our task and our purpose, to destroy the Democratic Party as it currently exists.
And what's going to happen is it's going to shroud it.
Tlaib's going to give the counter to Biden tonight.
That'll be the progressive quad AOC, the squad AOC, progressive Green Party.
And then you're going to have the permanent war party.
The permanent war party will be a combination of the neoliberal neocons that want to keep you impoverished and totally at war.
And that'll have Liz Cheney as one aspect, Hillary Clinton as the other, but it's all the cast of characters you see.
And then you're going to have a Should I say it?
A center-right populist nationalist party that'll be the Republican Party.
That'll be the dominant political party in this country for 100 years.
Okay?
And that is going to set things right.
And they're not going to stop.
We're going to get out of the business of sending young American men and women.
We're going to stop sending the blood and treasure of our nation to places we don't have a vital national security interest to support corrupt oligarchs that have turned their countries into piggy banks for our corrupt oligarchs.
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