March 4, 2022 - Bannon's War Room
48:41
Participants
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| Speaker | Time | Text |
|---|---|---|
|
unidentified
|
Ukraine oh blyat! | |
| come in blyat our house is falling, suka! | ||
| come in blyat! | ||
| where is the door? | ||
| everyone is down help, but we need protection in our sky. | ||
| We have been protecting ourselves on the ground, but if we do not protect our sky, if there is no fly zone or if there is no dome to protect it with the air defense, we will all go down. | ||
| What is happening here is a real massacre, a genocide of the Ukrainian people. | ||
| And you have the power to stop that simply by speaking to your government officials, to your parliamentarians, and saying to them, we need to save Ukrainians. | ||
| We need the no-fly zone over Ukraine. | ||
| It's as easy as that. | ||
| The most, the most important thing. | ||
| First of all, I want to say thank you to all American people and to American, you know, politicians and government by bipartisan support of Ukraine. | ||
| It's very important. | ||
| But now we need more. | ||
| You've seen how close to a nuclear disaster we've been this morning, in Ukraine morning, in your evening. | ||
| Thanks God nothing really bad happened, but we are very close to that. | ||
| So we need to stop it now. | ||
| And that's why we need Non-flight zone, no matter how it's controversial. | ||
| Because in my opinion, some say that imposing a non-flight zone over Ukraine can bring the world closer to World War III. | ||
| I'm convinced that the opposite of the truth. | ||
| That if you don't do that, and Putin wins, then he'll go further. | ||
| And that will be the disaster for the whole world. | ||
| And everybody will regret that they didn't stop it before. | ||
| It looks like 1938 now. | ||
| So we urge the whole world. | ||
| Non-flight zone, air missiles, strong sanctions. | ||
| We need to stop them now. | ||
| Otherwise it'll be too late. | ||
| Not only for Ukraine, but for everybody. | ||
| No Faisal! | ||
| About Ukraine! | ||
| No Faisal! | ||
| About Ukraine! | ||
| No Faisal! | ||
| About Ukraine! | ||
| Somebody in Russia has to step up to the plate. | ||
| Is there Brutus in Russia? | ||
| Is there a more successful Colonel Stauffenberg in the Russian military? | ||
| The only way this shit ends, my friend, is for somebody in Russia to take this guy out. | ||
| You would be doing your country a great service Wow. | ||
| Wow. | ||
| world a great sense. Also, Lindsey Graham has just called for President Putin's assassination. | ||
| I just saw that and I'm trying to pull up a source on this. | ||
| It's his own Twitter. Isn't that a hag crime? His own Twitter account, is there a Brutus in Russia? Is there a more successful Colonel Stolfenberg in the Russian military? The only way this ends is for someone in Russia to take this guy out. | ||
|
unidentified
|
You would be doing your country and the world a great service. | |
| I just tweeted that. | ||
| You need to resign. | ||
| He needs to resign. | ||
| We have it right here. | ||
| Is there a Brutus in Russia? | ||
| Which is obviously... Brutus is the guy that killed Caesar. | ||
| Stabbed him in the back. | ||
| One of the guys. | ||
| Is there a more successful Colonel Stauffenberg in the Russian military? | ||
| The only way is for somebody to take this guy out. | ||
| These people are psychotic, man. | ||
| In the double digits. | ||
| Senator, is there any intel that you know of that Putin's days are numbered? | ||
| I know Lindsey Graham earlier tonight tweeted that basically someone needs to, quote, take him out. | ||
| Or maybe I'm paraphrasing, but it's basically someone should assassinate Putin. | ||
|
unidentified
|
I don't know why a sitting U.S. | |
| Senator would be tweeting that out. | ||
| It seems really dangerous and stupid to say that. | ||
| Just take a bit of a chill pill. | ||
| I didn't even address the question to you. | ||
| Relax. | ||
| Calm down. | ||
| I don't want to relax. | ||
| My country is at war. | ||
| Mr. McAdams, Mr. McAdams, if you are so concerned, if you are so concerned about Ukrainians... Mr. McAdams, if you're so concerned about... No, no, hang on. | ||
| If you're so concerned about Ukraine, get off the fence and send your forces and put boots on the ground. | ||
| Don't lecture us here in India, OK? | ||
| I'm not going to hear your lecture. | ||
| And if you have really problems, go tell the US President, Mr. Biden, who flashes his fancy credentials. | ||
| Don't Mr. McAdams tonight, don't Mr. McAdams tonight, play the cat's paw for the West here. | ||
| Do not do that. | ||
| Hang on, hang on. | ||
| You ask those Afghans. | ||
| You ask those Afghans what they have gone through falling off planes because you dump them. | ||
| You ask the African nations because you dump them. | ||
| You go ask millions and millions of Iraqi citizens because you dump them. | ||
| them. You people and your colonial agenda, sir, has wrecked the south, has wrecked the east and don't sit here and lecture us. | ||
| Don't sit here and lecture us, Mr. McAdams. | ||
| We shut him down. | ||
| I'm not talking. | ||
| I'm not talking. | ||
| It's the other guy who's talking. | ||
| I haven't been able to say a word. | ||
|
unidentified
|
The man has gone completely ballistic. | |
| And if he feels so strongly, he should go and fight alongside Ukrainians who are being I have not, dear host, I have not said a word yet. | ||
| I don't know why you're yelling at me. | ||
|
unidentified
|
I'm not yelling at you. | |
| I'm talking about Mr. McAdams. | ||
| I'm talking about Mr. McAdams. | ||
| I am Mr. McAdams. | ||
| I am Mr. McAdams and I haven't said a word. | ||
|
unidentified
|
So stop yelling at me. | |
| Okay, sorry. | ||
| I got that confused. | ||
| I got that confused. | ||
| You're creating a guy who's going nuts, okay? | ||
| Not me. | ||
| Yes, I got that. | ||
| I got that. | ||
| That's Borden Nahalo, the chief. | ||
| Okay, that last segment, you're live in the War Room, it is Friday the 4th of March, the year of the Lord 2022. | ||
| People are, that's gone around, that last part's gone around the internet as some sort of meme or joke. | ||
| It's not funny, in that the substance of it was not funny. | ||
| The host, because of the production they had, the people named Ron McAdams is from the Ron Paul Institute. | ||
| OK, he was trying to make his points. | ||
| The other is editor, I think, one of the biggest papers in Ukraine. | ||
| And once again, the pitch was about coming in and really putting in military assets. | ||
| So this you see the Tower of Babel right there, not because of a production problem. | ||
| The reason people are mocking that it's actually quite important. | ||
| But we wanted to show you the run up. | ||
| That, of where we are, and this is information and psychological warfare, okay? | ||
| They are, the apparatus is slowly pushing forward the agenda, it's not even slowly now, pushing forward the agenda of an expanding armed conflict in Ukraine, right? | ||
| In Ukraine, where not just NATO, but the United States would be a direct participant, a direct participant militarily. | ||
| And this is my point. | ||
| We have to have the leaders in this country Come to the American people and make a case, and it has to be this weekend, they have to make a case of exactly what is at stake in Ukraine. | ||
| Why is it in the vital national interest of our country to get more involved, right? | ||
| Or even, and we're going to talk about it in a minute, economic warfare. | ||
| We're already, we've gone thermonuclear on the Russian people. | ||
| This is not a defense of Putin, this is not a defense of what Russia's doing, right? | ||
| They've got their own geopolitical reasons why they're doing this, but this is quite complicated, quite complex, and this is where we need moments of clarity. | ||
| We need to know exactly what the stakes are, who's on what side, who's pushing what agenda, and have a frank conversation with the American people. | ||
| Before we go, we've got a lot of stuff to get through today on the southern border with the truckers, Royce White's going to join us. | ||
| We've got Todd Bensman's going to join us. | ||
| Terry Schilling's going to join us about what's happening in Texas with the child abuse situation down there, this new Texas law. | ||
| We've got a lot to get to, but we've got to handle what's going on here because this thing is metastasizing second by second by second. | ||
| I want to bring in Dr. Peter Navarro, who will be with us for a while this morning. | ||
| Then we're going to go to the truckers. | ||
| Dr. Navarro, I want your assessment on just the cold open of what we've put together in the last 24 hours of the direction of this entire conflict. | ||
| Dr. Navarro. | ||
| See, clearly there's a battle going on with the global elites that want to essentially get us into a kinetic war with Russia. | ||
| And there's all sorts of pressure on that. | ||
| As we speak, Putin continues his march across the Ukraine. | ||
| There was a very dangerous incident with a nuclear power plant. | ||
| We all remember Chernobyl was in Ukraine, right? | ||
| They've got another plant which came under fire and had some fire. | ||
| The big picture here is we're in the fog of war. | ||
| As we watch this kinetic warfare, however, Steve, it's important, and you've been really one to emphasize this, we're also engaged in unprecedented levels of what some call hybrid war, but what you and I know through the Chinese lexicon is unrestricted warfare. | ||
| That's the information warfare, the propaganda, it's the cyber warfare, it's the economic, it's also the space warfare, the idea of taking out satellites and destroying. | ||
| So this is the context Within which we're in, and there's a lot of people who want to stay far away and shed other people's blood right now, bottom line. | ||
| We're going to get into it, because there's many levels of warfare going on here, and some were actually, I think, already declared war. | ||
| Yeah, this is my point. | ||
| Nobody's come to the American people and actually made the case for war. | ||
| They just haven't. | ||
| They have not come and made the case of this war. | ||
| There are many levels of warfare in the modern world. | ||
| Not just the tanks and the shelling that you're seeing. | ||
| That is one aspect. | ||
| We're going to get to all that this morning. | ||
| We want to make sure people going into this weekend have a framework To weigh and measure exactly what they're seeing and what they're being sold, okay? | ||
| And hey, this is not just the Biden administration and the apparatus. | ||
| You know, good old National Review, that was the cheerleader, had the pom-poms out for Iraq and Afghanistan, Putin's bloodbath, you got Elliott Abrams, you got neocon central right here, the neocons are revved up, they're revved up. | ||
| They have not seen a war they didn't want to take on. | ||
| Now, they've been very quiet for years on our existential threat, the Chinese Communist Party, which Nora is going to tell us later, is sitting here licking their chops on this. | ||
| We're playing right into their hands. | ||
|
unidentified
|
Okay? | |
| We're playing right into their hands. | ||
| Economically, information wars, they prepare for Taiwan, all of it. | ||
| We're playing right into our greatest enemy, the existential threat to this republic. | ||
| Well, the major existential threat. | ||
| The other existential threat is the party of Davos and these global elites. | ||
| Steve, just a quick thing. | ||
| We're doing two things. | ||
| We're pushing us into the end of the dollar as a reserve currency, because all this sanctions regime leads to a de-dollarization strategy, and we're pushing Russia right into the waiting arms of communist China, into the unholy alliance that in world history may turn out to be the most dangerous. | ||
| That's the practical effect of the Davos crowd, the National Review crowd, the Max Boot people who really have pushed these kinds of things. | ||
| They never talk about communist China! | ||
| They never talk about communist China because there's too much money involved. | ||
| That's the corruption of Wall Street, the Steer's portion, Larry Fanks, Max Boots. | ||
| The donors that struck the checks for this stuff, and the Murdoch's over at Fox, They're all in business with them, okay? | ||
| That's why you don't see it. | ||
| Okay, but I want to go to, hang right there, put a pin in it. | ||
| We also get Ben Harnwell in Rome, we'll get to in a minute. | ||
| I want to bring in, is Maureen Steele up? | ||
| Maureen Steele with the Truckers. | ||
| Now, are you heading, you were in Ohio last night, Maureen? | ||
| Reset about exactly where we are. | ||
|
unidentified
|
We are, we are in Lone Tree, I believe, Ohio. | |
| And we are leaving this morning. | ||
| The convoy is rolling out right as I speak. | ||
| It is over 70 miles long right now. | ||
| The convoy is incredible. | ||
| It is so impressive when we come rolling in, in loud. | ||
| And we are heading to Hagerstown around 435. | ||
| 4.30, 5 o'clock or Hagerstown. | ||
| That's perfect because we'll be able to open the show there. | ||
| Tell us about last night when you got to, I think it was Cambridge, Ohio. | ||
| Tell us what happened last night. | ||
| We've got some amazing footage we're going to try to play of the National Anthem and other things that have been done. | ||
| Tell us what happened in Cambridge last night. | ||
|
unidentified
|
I missed it in Cambridge. | |
| I was doing media, but I know it was a huge success. | ||
| Again, we were greeted with thousands of people. | ||
| The voice spoke. | ||
| It was just fantastic. | ||
| Again, the food rolled out. | ||
| We haven't been to one place in this country where we haven't been welcomed with open arms, showered with food. | ||
| and just love from you fellow Americans. | ||
| It's been so needed, so long in coming. | ||
| It's been a pleasure to be here. | ||
| Okay. | ||
| I tell you what, you're coming in and out. | ||
| Let's go ahead and drop her and reboot her if we can. | ||
| And I want to have the team put up all of the flowcharts of where everybody's going, how they get to the overpasses. | ||
| Remember, you can join this safely if you go to these websites. | ||
| You can go to an overpass and greet them with the American flag, all of that. | ||
| So let's reboot her and we'll take a short commercial break. | ||
| We're in return. | ||
| We're going to go to Rome with Ben Harnwell, with the convoy with Maureen Steele, Dr. Peter Navarro is going to walk us through Unrestricted Warfare, exactly where we stand right now, because we're at war, no doubt about it. | ||
|
unidentified
|
in the war room back in a moment And see it's all started everything's begun We will fight till they're all gone we rejoice when there's no more let's take | |
| Pandemic. | ||
| With Stephen K. Bannon. | ||
| The epidemic is a demon and we cannot let this demon hide. | ||
| War Room. | ||
| Pandemic. | ||
| Here's your host, Stephen K. Bannon. | ||
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| Okay, Maureen is on the road. | ||
| They're heading down to Hagerstown, Maryland. | ||
| They will arrive approximately 5 o'clock today. | ||
| We will open the show with the truckers, and of course all weekend we're going to be going full trucker, and they will stay through the weekend. | ||
| I am proud to report they'll be around early next week. | ||
| There's a lot of activity going to go on that we'll talk about that. | ||
| We're also going to try to get, I think, Ben Berquam and Sporopolis, Michael Yan. | ||
| We have Claire Dooley, I think, set up. | ||
| So we're going to get a lot of the convoy today as it grows and grows and grows. | ||
| In fact, in Georgia, there's one coming up from Georgia that Vernon Jones is going to be at, I think the overpass, and they come through at 5 o'clock, they're heading up, all these other mini-convoys are going. | ||
| But if you want to find out more, go to peoplesconvoy.org. | ||
| Is it .org? | ||
| I think it's peoplesconvoy.org or .com, one of the two. | ||
| It'd be easy to check out. | ||
| But they got the whole map, they got the route, and particularly the overpasses and how you can display your support and patriotism by being out there. | ||
| Ben Berquam put together a great little film last night, about two minutes long, that showed the overpasses. | ||
| Coming through Ohio. | ||
| Okay, a lot to get to. | ||
| Let's go to Ben Harnwell in Rome. | ||
| Ben, as part of the economic warfare, they're starting to go after the oligarchs. | ||
| As Navarro and I have been saying, hey, if you want to really go after the oligarchs, stop with the buying, you know, stop purchasing the billion dollars a day you're doing of Russian energy in Western Europe and in the United States. | ||
| And we understand Biden and those guys have been very hesitant about that because it's only going to implode the economy more, but now they're making efforts. | ||
| It looks like there could be a Title 16 there even, and Congress can move some legislation next week to enforce this. | ||
| Ben Hardenwell, talk to me about the oligarchs. | ||
| Good morning, Steve. | ||
| Yes, well, there are reports coming out from France, from Hanover in Germany, from the UK of yachts belonging to oligarchs that are being either seized or refused permission to leave port. | ||
| In the UK, there's a discussion now being led by the British government that Houses and palaces of oligarchs should be seized and used to house Okay, but hang on, that all sounds like good stuff. | ||
| The oligarchs stole it from the Russian people, now they've got a war going on in Ukraine, you've got these refugees, the British taxpayer doesn't want to pay for it, so what's your beef about taking stolen goods, essentially, and just taking that cash and giving it to people that are now oppressed because of military action, sir? | ||
| Well, my beef is one little thing called the rule of law. | ||
| It's called due process. | ||
| And on that single principle, which is the determination of guilt in a court of law before one's peers, right? | ||
| On that single thing hinges the whole of what we call Western civilization. | ||
| And what we call Western civilization stands or falls according to our ability, our willpower to hold to these principles, even when it's inconvenient. | ||
| Even when it's being applied to potentially very bad people. | ||
| That's exactly the point I'm going to make on this one, Steve. | ||
| My reporting today, in the few moments that I have, is a warning, really, to people here in the West that our globalist overlords will use Russian oligarchs as a pretext to obliterate all of our remaining rights. | ||
| And it's easy to see a war going on in between Ukraine and Russia and to think, oh, you know, this is over there in Eastern Europe. | ||
| You know, these things that Hanwell's talking about now are never going to happen here. | ||
| But look, two weeks ago, the world looked with open mouth at a liberal, progressive Prime Minister in Canada who was arbitrarily debanking his own citizens simply because they were politically protesting a government action. | ||
| Debanking, they were seizing trucks. | ||
| These things in the West five years ago would have been unheard of. | ||
| And that's the warning that I have. | ||
| That if you look at the legislation of these things, like the Treasury, I mean, sanctions are held by the US Department of the Treasury, right? | ||
| They have something called the Office of Foreign Assets Control, OFAC, and other instruments that they can use are things like the Specially Designated Nationals and Blocked Persons List, that's the SDN list, right? | ||
| That SDN list names US We've got to move on, but real quickly, aren't they waiving, I mean, isn't the point of in war powers, aren't they in England going to waive certain of these laws? | ||
| You have protection in English common law, but they're going to waive that because, quote unquote, we're in emergency measures or thing, and that's why they can go take the oligarchs' assets. | ||
| Aren't they specific? | ||
| They're not just saying, oh, we're just going to take them. | ||
| They're going to cite some sort of executive order or executive action to do that, correct? | ||
| Well, you know, this is exactly what they did during two years of Covid. | ||
| I had thought two years ago that our right to peacefully assemble was protected both in the US by the Constitution and in the UK by English common law. | ||
| Apparently not, because at the stroke of the pen of the Secretary of State for Health in the UK, we were no longer allowed to peacefully assemble. | ||
| Because the public interest demanded that the risk of COVID was so great, we had to stay in our own homes. | ||
| So the protections may be there in law. | ||
| This is what we've learned from COVID. | ||
| If the government, if our globalist elites want, if they have the power to do something, they will use that power. | ||
| That's the problem that we have. | ||
| And we saw this two weeks ago in Canada. | ||
| Is this also getting to this problem? | ||
| I know the ACLU and others are, this problem of acid seizures here in the United States is supposed to be taking it from the cartels and the bad guys and paying for the police equipment, but it's gotten, they're saying it's getting out of control here. | ||
| Is that the same analogy you're making? | ||
| Steve, that is the brilliant analogy. | ||
| That is absolutely the case. | ||
| I don't agree with every campaign that the ACLU picks and chooses, right? | ||
| But on this point, they are absolutely correct that this civil asset forfeiture has been and is being used and misused to confiscate ordinary Americans' Assets, right? | ||
| And this is, like, all the police department has to do is say, we think this person, this asset that we're seizing, is the product of a crime. | ||
| No court case, no conviction. | ||
| You know, you might not even ever be charged. | ||
| And when they take that, they take it permanently. | ||
| It's very difficult to get back. | ||
| Okay, you're going to have this written up on your Getter account. | ||
| How do people get to you? | ||
| It'll be my surname, Steve. | ||
| I'm on Getter at Hanwell. | ||
| At Hanwell. | ||
| Okay, Ben, thank you very much. | ||
| Appreciate it. | ||
| Thank you very much for joining us. | ||
| You know, about the nuclear, I want to bring in Navarro. | ||
| I just want to make sure everybody understands that the same crowd that's cheerleading non-stop to send your sons and daughters over to Ukraine to get into a shooting war, that's what the no-fly zone is. | ||
| That's a proxy for a shooting war, okay? | ||
| This same crowd were the crowd that for decades and decades and decades covered up and apologized, were apologists for the Soviet Union. | ||
| Well, it was communists. | ||
| The same group of left-wing Democrats, all these Democrats, fought Reagan. | ||
| Don't sit there, oh, we're all united. | ||
| We were not united during the Cold War. | ||
| They tried to run Reagan out of here when he took on the evil empire and said, I'm going to bring it down, which he did bring it down in eight years. | ||
| What, I don't think they did that great, I didn't see, last night was like Chernobyl on steroids. | ||
| When Chernobyl actually happened, kind of the apologists for the left, I mean, yes, there was some coverage, and as they found out how bad it was, and how awful it was, how lying, whereas remember, almost people thought it was going to take out Kiev at the time. | ||
| It got better. | ||
| But you still had the apologists then. | ||
| Remember, these are apologists for the Soviet Union. | ||
| And just go back and look at the Cold War. | ||
| Go back and look at the Cold War, and look at what they try to do to Reagan. | ||
| Don't sit here and they try to put a halo around Reagan. | ||
| They hated Reagan. | ||
| They hated everything he did. | ||
| When he put the Pershing missiles, when he wanted to forward deploy the tactical nuclear weapons with Margaret Thatcher and the Germans and all that, there were 3 million people in Central Park. | ||
| It was the dead end of the death. | ||
| I made the film and I'll get it back up in the face of evil. | ||
| They hated Reagan and tried to destroy him. | ||
| So don't sit here. | ||
| I don't want to hear that same crowd saying, oh, Ronald Reagan would do it. | ||
| Don't. | ||
| You guys were defenders of the Soviet Union. | ||
| You were defenders. | ||
| Teddy Kennedy is on record saying he went to the Soviet ambassador, I think in 78, to look for help to defend Jimmy Carter. | ||
| They want to do something for Jimmy Carter, prop him up because they're afraid Reagan was going to come in and win. | ||
| Kissinger said, Kissinger was a guy that said, Ronald Reagan's the most dangerous man in America. | ||
| Henry Kissinger said that. | ||
| Why? | ||
| Ronald Reagan realized it was an evil empire, was going to take it down. | ||
| They fought this guy, said, I want to sit here and have all the same guys, the Morning Joes, and all these guys, and everything on MSNBC, and all these left-wing professors, sitting there going, oh yeah, no, Ronald Reagan, we're all united with Ronald Reagan. | ||
|
unidentified
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That is a bald-faced lie. | |
| Okay, Dr. Navarro, we only got a minute here. | ||
| I'm going to hold you through the next break. | ||
| Unrestricted warfare. | ||
| First of all, walk me through the economic warfare, sir. | ||
| The United States right now, we're at DEFCON 1 right now on economic warfare. | ||
| We're trying to take down the central bank. | ||
| Because we want regime change. | ||
| Don't think we're just doing it to do it. | ||
| We're doing it because we want the people to turn on Putin. | ||
| Let me give a quick setup here. | ||
| We'll hit it hard in the next segment. | ||
| I'll put up a little slide for you. | ||
| The definitive work on this is this book in the chart, Unrestricted Warfare, by two People's Liberation Army Chinese colonels. | ||
| They describe a world in which kinetic warfare is essentially obsolete and stuff. | ||
| Instead, what you do is you engage in information warfare. | ||
| That's all the propaganda, screwing with our election systems. | ||
| More importantly, Steve, the real bad ones right now are cyber, which can wipe out our whole communication system, economic, which is what we're doing now, and don't forget space warfare. | ||
| We need to talk a little bit about that. | ||
| That's taking out the communication satellites. | ||
| Basically, it's like cyber on steroids. | ||
| What the sophisticates are calling hybrid war, we think more sophisticated is called unrestricted warfare, like our enemies the Chinese call it. | ||
| We're going to get into all of it. | ||
| Joe Allen's going to talk about cyber. | ||
| Strap in. | ||
| You are in the war room. | ||
|
unidentified
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We're all gone. We rejoice with a no more. Let's take down the CCP. | |
| They have all lied for too long. We will end... | ||
| The strike against the central bank over the weekend, as you mentioned in your setup, is the thing right now. | ||
| Everything else is being worked out. | ||
| It's not clear which banks will be cut out of SWIFT. | ||
| The correspondence banking thing that Biden announced on Thursday is important because that means even the really big banks in Russia can't deal in dollars anymore. | ||
| They're hitting the central bank. | ||
| That's a declaration of war on the national authority. | ||
| It hits every element of the Russian economy. | ||
| As soon as the markets hear that, you just sell everything. | ||
| There's no discrimination anymore. | ||
| Everything has to go. | ||
| Because the ruble's going to plunge. | ||
| All Russian assets are going to devalue. | ||
| Right now, it's not fallen as much as you'd expect, because they've basically clamped down on all currency trading. | ||
| You can't take money out of Russia anymore. | ||
| So you can't sell rubles even if you wanted to. | ||
| So we're in a real, this is a regime shift. | ||
| And we did this not after, if you like, Putin had accomplished his seizure of Ukraine to slap him on the wrist and punish him. | ||
| But in the middle of a shooting war, which as the general was explaining, is still undecided, right? | ||
| So this became us, in a sense, taking the side of the Ukrainians in this conflict, which I don't think was the original plan. | ||
| In a sense, we'd stood back, if we're honest with ourselves, 10 days ago. | ||
| Both the Europeans and the Americans had abandoned Ukraine to its fate. | ||
| If Putin was cynical and violent enough, he was going to take it. | ||
| And now their resistance has changed the game. | ||
| That has completely changed the emotional political dynamic of this and made it much, much more dangerous, frankly. | ||
| Well, that's very sobering. | ||
| I guess the final question here is, the Moscow stock market has been closed for four days. | ||
| There's this crazy thing where they can't open it because it's going to plunge and they're just keeping it closed, but at a certain point, you know, the cat's out of the bag. | ||
|
unidentified
|
Yeah, this is Great Depression era. | |
| This is like a national bank holiday forever. | ||
| The reality is... First of all, I want to say thank you to all American people and to American, you know, politicians and government by bipartisan support of Ukraine. | ||
| It's very important. | ||
| Okay, let's take that down. | ||
| We got the wrong clip. | ||
| As soon as we get the right clip, let me know on crypto. | ||
| We were almost perfect. | ||
| Almost. | ||
| Is clip 8 ready? | ||
| Let me know when it's ready. | ||
| Hey, producer. | ||
| That would be you. | ||
| Okay, hang on for a second. | ||
| We're going to show a crypto clip. | ||
| I want to go to Peter Navarro. | ||
| Just hold the clip. | ||
| Don't play it. | ||
| Just hold it. | ||
| Navarro. | ||
| We're going to have the clip in there where they're talking about regulating crypto because they don't want that. | ||
| They want the oligarchs to use it, but it's the shutdown crypto here as an alternative. | ||
| Peter, this is the one pit of truth. | ||
| Now, I've played this thing three times because it's the only bit of truth that has happened in this entire... Remember, the first casualty of war. | ||
| The first casualty of war is truth. | ||
| And as Churchill said, truth is so important in war. | ||
| That it has to be surrounded by a bodyguard of lies, okay? | ||
| Winston Churchill, not the war room. | ||
| Right there, I don't think that professor's been back on anywhere. | ||
| Maybe he has. | ||
| That was a searing moment through the fog of war. | ||
| We are a declaration of war against the state authority. | ||
| Remember, he didn't even, he did not say Putin. | ||
| He didn't say the, that power group he has around him of KGB or SFFSB, whatever they call themselves, they're in the military, which is stronger than the oligarchs. | ||
| Oligarchs are just guys skimming, owning industries, skimming the top and giving him a kickback. | ||
| Okay? | ||
| They have no power and everybody knows they have no power. | ||
| A declaration of war on state authority. | ||
| A Declaration of War State Authority. | ||
| We have taken a side. | ||
| Now, instead of Lindsey Graham, who's in the United States Senate, and Tom Cotton, these guys run around, and everybody, you know, with the National Review, you got Rich Lowry up there, you got Putin's bloodbath, you think it's going to be a bloodbath, it's going to be a bigger bloodbath than in Ukraine. | ||
| This thing's going to metastasize. | ||
| We are in guns of August land. | ||
| And the reason is, we are doing things and not explaining to the American people. | ||
| When economic, and I want to go back to Peter about what is called hybrid war, or what we call unrestricted warfare. | ||
| Unrestricted warfare, as we've said time and time and time again, because of the way our enemies have been, in a very sophisticated way, using it against us for twenty to twenty-five years, of which they laid it out. | ||
| They laid out the whole thing. | ||
| They didn't keep it quiet. | ||
| This was a manual, and they said, you have this information cyber, you have economic, and you have kinetic, and essentially they said foreign devils The foreign devils are so good at kinetic, they're the best at kinetic. | ||
| They're just great at kinetic warfare. | ||
| Combined arms, the nuclear weapons, the way it comes, and this came off the Gulf War. | ||
| When people are sitting there in Schwarzkopf's giving briefs in the desert and you're seeing, boom! | ||
| You're seeing the drone strikes, boom! | ||
| They're just taking things out on like video games. | ||
| People were freaked out. | ||
| It was a change, it was a monumental change in warfare. | ||
| But the hybrid, what these guys said, hang on for a second, these guys so overwhelmed us with kinetic warfare, and quite frankly with brave men and women of utmost valor and focus and patriotism that will go on foreign battlefields and give their lives in foreign places, not defending their own soul, throughout the world. | ||
| And particularly what they're afraid of is places like the South China Sea, where as a young man, I was on a Navy destroyer, part of that whole apparatus, keeping the South China Sea free, and going to Taiwan to make sure Taiwan was free. | ||
| So these guys got it, but they said, hang on for a second, there's other things. | ||
| There's information war, which is a very sophisticated way of propaganda, of getting what you want out, and it may not be the truth, it may be your truth, right? | ||
| Your point of view, and cyber, and the cyber weapons of the future, and we've got to dominate the cyber sphere. | ||
| In addition, economically, there's so many things we can do. | ||
| And to be blunt, many of the things we're doing now against the Russians, I strongly advocated for, not just in the White House, but afterwards, particularly around, remember it, Hong Kong? | ||
| Remember Hong Kong? | ||
| Which we called the Czechoslovakia at the time, when the whole West looked the other way? | ||
| And I would respectfully submit that's because, oh, they're just Chinese. | ||
| Yeah, they're just Chinese. | ||
| Right? | ||
| It's not what you see in Ukraine. | ||
| No, it's just Chinese. | ||
| That is in the vital national interest of the United States, the South China Sea, and Taiwan, that whole area of the world, because we're a Pacific power. | ||
| And that's an existential threat to us. | ||
| And I'm not a neocon whatsoever. | ||
| I don't want to send all over the world to be fighting everywhere. | ||
| And that's what you're seeing now in the Ukraine. | ||
| And the toxins of war are not just sounding. | ||
| Now, psychologically, you're going to have them all up here every day of the week because the Russians aren't going to back off. | ||
| You're going to have every mom, every female member of the parliament. | ||
| And I understand they're under tremendous pressure. | ||
| They're taking incoming right now. | ||
| But all they're saying is no fly zone. | ||
| No fly zone. | ||
| And you promised us. | ||
| You promised us. | ||
| You promised us. | ||
| So Joe Biden, this is my point, Joe Biden has to come before the American people, and he should have done it the other day. | ||
| He's up there for the joint thing. | ||
| It's referred to the State of the Union, but only a legitimate president has it, and since he's not legitimate, it's not a State of the Union, it was a joint session where he had a chat, a confused chat. | ||
| He needs to come forward and to lay out for the American people exactly, not just what is at stake here, Not just what a state, but actually what we are doing. | ||
| The professor on MSNBC laid it out. | ||
| We have declared war on the state authority. | ||
| We are breaking the central bank of Russia to basic reason they can't open the market. | ||
| We've taken their reserve, all their dollar-based reserves, we've swept. | ||
| We have it, N.E.U. | ||
| reserves. | ||
| We have all the central bank's reserves. | ||
| We're crushing the ruble right now. | ||
| Because it's the Russian people, they want regime change. | ||
| They want the Russian people to run out into the streets and say, just like in 1917, and say, get rid of the new czar. | ||
| That's what they're pushing for. | ||
| And hey, if that's the plan, sit the American people down on national TV and walk through the plan and let's have a thing called a vote. | ||
| And say, yes, we support that, that's what we want to do. | ||
| Peter Navarro. | ||
| So let's start with a little bit of history. | ||
| I want to go back to the 1930s. | ||
| We had an imperial revanchist power in Japan, in Asia. | ||
| And what we did in responding to Japan's kinetic warfare, Steve, remember what we did? | ||
| It was a total embargo. | ||
| It was economic warfare to the max. | ||
| It was their oil, but they have none of it, so they needed it. | ||
| It was their scraps, steel. | ||
| It was all sorts of commodities. | ||
| And what we got out of that, of course, was Pearl Harbor and World War II. | ||
| Now, if you fast forward to what we have now, the options that Russia could respond with In response to our economic warfare against them are much more dramatic and we go back to this slide here This is the unrestricted warfare doctrine of the Chinese Communist Party It's information warfare. | ||
| It's cyber warfare It's the economic warfare, which we mentioned and it's also the space warfare and of these Steve I Both Russia and China, I would say, are at the top of the world game in terms of cyber. | ||
| The threat of being able to shut down our transportation systems and our power grid right alone, as well as use things like blockchain technology to cripple or kill our financial institutions, is a very real threat. | ||
| So that's the kind of unrestricted warfare. | ||
| Space warfare, China in particular, | ||
| Has perfected the art of anti-satellite weapons where they can knock out satellites the ones that provide your your cable TV your Verizon phones and all of that that's there as well and of course the information warfare We've been exposed to that constantly, you know It's like the useful idiots at the Atlantic magazine come out with their their their globalist kind of thing as sanctions are going to crush Russia, right? | ||
| it's like That's information warfare we're inflicting on ourselves. | ||
| My point here is that as we watch Russia engage in kinetic warfare in the Ukraine, and we respond with very, very severe Economic warfare. | ||
| It's going to be escalatory. | ||
| I don't care. | ||
| The fact that we're not sending military equipment or people in there doesn't mean we're not significantly escalating. | ||
| And I think that's the point. | ||
| I personally think, Steve, that nuclear weapons now are obsolete. | ||
| We've gone past that. | ||
| It's like, remember the old neutron bomb where you can drop it on a city, kill no one, But destroy everything in there. | ||
| This is where we are with the tools of unrestricted warfare. | ||
| And Putin's very good at cyber. | ||
| China's very good at space. | ||
| They're corny! | ||
| They're not very good. | ||
| They're not very good. | ||
| They're at the top of the game. | ||
| They're offensive cyber weapons. | ||
| Better than us! | ||
| In June of 2017, they took down essentially the Ukraine. | ||
| As a shore force. | ||
| I want to make sure, do we have the Atlantic magazine? | ||
| I think I put it in the War Room editorial. | ||
| Let's please get it to Denver, just when they get a shot, so they can put it up. | ||
| Atlantic's got a thing about coming economic collapse of Russia. | ||
| Peter Navarro does not agree with that because he says, hey, the Chinese Communist Party's sitting there right now. | ||
| They're in the best of all possible worlds. | ||
| Let me do this real quick, Steve. | ||
| Go ahead, hit me. | ||
| I can do this real quick. | ||
|
unidentified
|
You're doing it anyway, so you might as well go ahead. | |
| We'll battle for the microphone, brother. | ||
| So, here's the thing. | ||
| You've got two forces going on with these sanctions. | ||
| One is it accelerates de-dollarization of the global economy, which ultimately hurts the U.S. | ||
| through moving to gold, euros, crypto, and trading bilaterally, right? | ||
| The other problem is that politics begets all manner of loopholes and exemptions, so it takes the bite out of the sanctions. | ||
| You've got a huge black market in commodities and oil out there, and that plays right into the Russian hands. | ||
| And what you're doing really is you're driving Russia right into the panda bear hug of the Communist Chinese. | ||
| Those are the dynamics in place. | ||
| And I don't think that the Biden regime is seeing that chessboard very carefully. | ||
| I watched this up front and personal in the Trump administration, and we never went pedal to the metal on the sanctions when we could have used them. | ||
| We could have ended North Korea as we've known it by going full bore on Communist China, and we never did it because, I think, because of Wall Street and the Party of Davos and and the corporations. | ||
| Hey. | ||
| Hang on right there. | ||
| By the way, Financial Times is not a warm fuzzy paper, writes the Financial Times. | ||
| Russia pounds Ukrainian cities. | ||
| Today, they're trying to wipe us off the face of the earth with the casket and the guy crying. | ||
| Right? | ||
| And of course, our Chinese enemies. | ||
| Chinese officers are all as peacemaker. | ||
| Tony Blinken just said, hey, we're going to stay out of Ukraine on the shooting part, but we're going to be there to defend every inch of NATO. | ||
| Back with Dr. Peter Navarro. | ||
| Joe Allen finally joined. | ||
| Get some mic time. | ||
| All next in The War Room. | ||
| The impact of Russia's war in Ukraine on the global economy is spurring an increase in calls for cryptocurrency to be regulated. | ||
| Federal Reserve Chairman Jerome Powell testified in front of the House Financial Services Committee on Wednesday on the state of the economy and monetary policy. | ||
| When asked whether Russia could use crypto to bypass sanctions, Powell said this, The war underscored the need for congressional action on digital finance, including cryptocurrency. | ||
| We have the burgeoning industry, which has many parts to it, and there isn't in place the kind of regulatory framework that needs to be there. | ||
| Powell also pointed to the possibility that terrorists and other malicious actors could use cryptocurrency in their activities Boy, they didn't drop the word domestic terrorists. | ||
| Yeah, they're coming after cryptos, no doubt about that. | ||
| That's Peter Navarro. | ||
| By the way, everybody, you're in the war room. | ||
| Peter Navarro. | ||
| That was the second biggest bomb he dropped there, that we're going to now, it's crypto because we want people to have an alternative store of value, right? | ||
| Along with gold. | ||
| Gold and precious metals is a hedge. | ||
| Crypto is a hedge. | ||
| Potentially, we'll find that out, but they're going to cut that off. | ||
| But the biggest bomb he dropped is saying, cavalierly saying, well, you know, it doesn't mean you just have to have one prime reserve currency. | ||
| You can have many. | ||
| So for people out there, this is an all-new concept to understand that your economic life, everything is predicated upon one simple fact. | ||
| The reason we've been doing this three-card money thing for 40 or 50 years is because the number one export in America, the number one export, is not our technology, the number one export is the U.S. | ||
| dollar. | ||
| Every transaction in the world has to be converted into dollars, essentially, to take place. | ||
| That means we control the entire show and we can run massive deficits and they just have to suck on it. | ||
| Dr. Navarro, that is what's so dangerous about the war that we're currently in, and what we're doing to the ruble, and what we're doing to the central bank, and what we're doing here. | ||
| Sir, Dr. Peter Navarro. | ||
| Yeah, let's start off with this chart here, just for the viewers. | ||
| Dollar Reserve Currency 101. | ||
| Here's the deal. | ||
| Every foreign country has reserves, and if they choose to hold those reserves in dollars, They basically do that by buying Treasury bonds. | ||
| And when you buy Treasury bonds, U.S. | ||
| Treasury bonds, that drives the price of bonds up and interest rates down. | ||
| And since the dollar is the reserve currency of most of the countries in the world, therefore you and I benefit from what is effectively a significant, significant subsidy to us through credit, mortgage rates, and things like that. | ||
| That's why we cherish it. | ||
| The Euros made a run at trying to do that, didn't work. | ||
| But China now, here's the second slide I want to show you. | ||
| We looked at this the last hour. | ||
| It's like the problem with sanctions is it accelerates the de-dollarization Of the global economy, which means for you, if it's de-dollarized, your credit costs more, your interest rates go up, and it's inflationary, right? | ||
| So how do they do that? | ||
| Well, if you take Russia, for example, and its sovereign wealth fund, it made a strong effort to get rid of dollars in that. | ||
| It goes to gold, it goes to euros, cryptos looming on the horizon. | ||
| China, Steve is the master of de-dollarization because more and more they bilaterally trade with countries around the world and do it strictly in Yuan, Chinese Yuan, and they bypass the dollar entirely. | ||
| So, as we pursued this non-kinetic warfare, economic warfare strategy, On Iran, on North Korea, on China, on Russia, we basically taught the bad guys to de-dollarize, and crypto is kind of the ultimate de-dollarization on steroids. | ||
| Last point here, Steve, on Jay Powell, Federal Reserve. | ||
| The Federal Reserve basically has monetary policy exercised simply by controlling the money supply. | ||
| If you want to tighten things down, Keynesians, basically, contractionary policy to control inflation. | ||
| What do you do? | ||
| You shrink the money supply. | ||
| If you want to stimulate, you expand the money supply. | ||
| If crypto becomes more and more part of the currency, they don't have the power to do that. | ||
| So Jay Powell and any Federal Reserve chairman, He's going to zealously oppose crypto and use kind of this regulate them kind of excuse to do that. | ||
| Yeah. | ||
| So that that's kind of thing. | ||
| But your point, Steve, the big point here today, I think, is that as we are being pushed by the Davos crowd, the globalist crowd, the National Review crowd, Into war with Russia, right, as we increase these economic sanctions. | ||
| That can be every bit as dangerous and escalatory as kinetic warfare. | ||
| Because we're in an age, not like Pearl Harbor with Japan, Where they bombed us kinetically. | ||
| It's like if Japan had what Russia and China have now, Japan would have taken down our power grid. | ||
| They would have taken down our transportation system. | ||
| They would have taken down our capital markets. | ||
| Leon Panetta, when he went to the Intrepid, when he stepped down as Secretary of Defense, gave that speech, warned about a cyber Pearl Harbor. | ||
| Right? | ||
| We are playing with fire. | ||
| And here's my point. | ||
| If we're going to play with fire, The administration and the Wall Street, everybody ought to be big boys and girls and come before the American people and say, this is what we're trying to do. | ||
| This is what our treaty obligation is. | ||
| Remember, I did recommend this against the Chinese Communist Party because then you wouldn't have had any kind of backup. | ||
| Right now, the CCP can pardon with these other nations and have an alternative to the dollar. | ||
| If you had taken down the criminal organization in Beijing with these tough... and this monetary, it wouldn't have been there. | ||
| Dr. Navarro, I know you've got to bounce real quickly. | ||
| How do people get to your writings? | ||
| I hope that you do a follow-up to this Atlantic piece about the collapse of the Russian economy and write an alternative to that. | ||
| Although, I do think the Russian economy could collapse, and I think they're trying to do it for regime change. | ||
| They're trying to get the people there to throw the latest czar, Putin, out. | ||
| Real quick, we've got a minute. | ||
| How do people get to your writings and to the book and to all your podcasts? | ||
| Yeah, playing with firewalls, dare I say. | ||
| Real P. Navarro at Getter. | ||
| Getter is the Twitter killer. | ||
| I'm recommending now to just go to that. | ||
| You can get me at peternavarro.com as well and the podcast. | ||
| But let's get everybody on Getter because we've got to wean ourselves from Twitter. | ||
| Twitter censors us. | ||
| They de-platforms us. | ||
| They shadow ban us. | ||
| Getter is a community where we can socially engage without that kind of crap and do so in an honest way. | ||
| Real Peter Navarro at Getter, the Twitter killer. | ||
| Thank you for taking time away today. | ||
| I needed you here to walk with us. | ||
| Yes, sir. | ||
| Thank you very much. | ||
| Unrestricted warfare. | ||
| Dr. Peter Navarro. | ||
| You hear about it called hybrid warfare. | ||
| But this is real war. | ||
| The cyber part, the information slash propaganda part, the economic warfare part, and obviously the kinetic part. |
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