March 8, 2022 - Bannon's War Room
48:48
Participants
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| Speaker | Time | Text |
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unidentified
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How would you evaluate trying to make sense of what's legal and what's not, right? | |
| America and NATO want to do the kinds of things that do not get them into a shooting war with, uh, with Russia. | ||
| Vladimir Putin has said quite clearly, cyber attacks are an act of war. | ||
| Using a Polish base from which to take, uh, take planes off to go into Ukraine would be an act of war. The idea of pushing things across a border from Slovakia or Poland into Russia is an act of war. So as far as Vladimir Putin's concerned, all of this is an act of war from NATO. How does the West think about this? What do you do when you think the other guy is going to call it all an act of war? Well he certainly has and most recently one | ||
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unidentified
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you skipped is he has said that all of our economic sanctions are an act of war. | |
| So one could ask, why are we now worried? | ||
| Because he has considered everything that we have done so far an act of war, and frankly, we are deterred. | ||
| Americans be looking for, bracing for, and whatever that is, do you think it's still the right decision? | ||
| I do think it's the right decision. | ||
| I think it was a difficult decision for the administration. | ||
| Obviously, nobody wants to pay more for gas. | ||
| I pump my own gas and I see the price myself, and we've had a bit of a sticker shock. | ||
| But having just come from the Ukrainian-Polish border, I will tell you that if every American could see what is happening there, The sacrifice that we will need to make on what I believe will be a short-term basis is absolutely essential. | ||
| We are continually moving towards renewable energy so we don't find ourselves in this situation again in the future. | ||
| Well, President Zelensky has thanked the U.S. | ||
| and the international community for what they have done already to put that economic pressure on Vladimir Putin. | ||
| But then there's the request to supply the country with fighter jets. | ||
| Both the Biden administration and Poland are concerned, as you know, that this just sets the stage for a bigger conflict. | ||
| And I think you have supported the idea of some supplies of fighter jets. | ||
| So how do you square those two things? | ||
| I 100 percent support the concept of providing fighter jets to Ukraine. | ||
| Let me be clear about that. | ||
| And I will tell you that everybody on the bipartisan trip that I just came from, all eight of us, are in unanimous agreement about that. | ||
| These fighter jets, by the way, would be supplied by Poland, Romania, and other NATO countries that have a supply of, ironically, aged Russian warplanes. | ||
| The Ukrainian pilots know how to fly them. | ||
| And so the idea is that we would be or that NATO would be supplying these fighter jets to Ukraine for their use, but with a promise, an explicit promise that we would backfill the supply of fighter jets to Poland and other countries to turn over those older Russian jets. | ||
| But as you know, Congresswoman, Vladimir Putin has made it clear, the Kremlin has made it clear, they would see anything like that as an act of war. | ||
| So even though it's not the U.S. | ||
| directly getting involved with boots on the ground, even though it's not the U.S. | ||
| directly providing air power, are you concerned that it would be a deadly escalation? | ||
| It's always any escalation is a concern. | ||
| But at what point are we going to say no more to Putin? | ||
| Are we going to let one man, one evil person, literally control the entire world? | ||
| And I can tell you, having been there, having seen the refugees, the desperation on their faces, having talked to our own U.S. | ||
| top military brass, Having met with the governor of Lviv in Ukraine, we don't have any choice but to get involved in this and it's short of a no-fly zone. | ||
| Keep that in mind. | ||
| We're talking about providing Ukrainian pilots with the ability to shoot down Russian airplanes. | ||
| Wow, all laid out there. | ||
| It's Tuesday, 8 March, Year of Our Lord 2020. | ||
| In the fog of war, what you need to do is have kind of a piercing to pierce through that fog and get to the heart of the matter and what's really going on. | ||
| And we are on a not a slippery slope anymore. | ||
| We are hurtling towards An expanded military conflict, and I gotta tell you, an economic crisis that this country has not seen since the 1930s. | ||
| It's going to make the 2008 financial collapse look like a day at the beach. | ||
| We are hurtling towards this with this emotionalism and right there. | ||
| If that's not crazy talk, and people in the Republican Party that don't stand up right now and be cutting 30-second spots on that, that is pure insanity. | ||
| That is pure insanity. | ||
| And I am not arguing the case that there is not brutality happening in Russia right now. | ||
| These women and children are being shelled. | ||
| This is 1939-type warfare, right? | ||
| Old-school Russian, this is the way the Soviets fought, this is the way the Russians fight, right? | ||
| And it's brutal. | ||
| But that is not the point. | ||
| The point is exactly what's going on, who's in back of this, what's happening to this, and what it means. | ||
| And what it means to the vital national security interest of this nation, and what it means to the citizens of this nation. | ||
| And we're going to be adamant about this. | ||
| And I got to tell you, these Republicans right now that are sitting there, particularly guys like Danes out of Montana. | ||
| People in Montana ought to be embarrassed about this. | ||
| Danes in Montana, and Rubio in Florida, you know, taking Zelensky. | ||
| Zelensky last night, we didn't put it up because it's in Ukrainian. | ||
| But he called, he said the Western leaders are responsible for this. | ||
| Every night, MSNBC's only playing the things where he's thanking his country. | ||
| And look, he is being heroic. | ||
| He's got the gun, he's running around to all different places in Kiev. | ||
| But he's, half of his things are blaming now. | ||
| The Chinese Communist Party right now we're playing right in their hands. | ||
| and promises to him and to others that they're not backing up. | ||
| But last night he blamed Western officials as being just as culpable as Putin. | ||
| He says Putin's doing the shooting, but you're allowing him to do the shooting. | ||
| Okay, so we're going to get to the bottom of this. | ||
| And her statement right there, one evil man to control the entire world. | ||
| Is Vladimir Putin going to take over the entire world? | ||
| No, the Chinese Communist Party right now, we're playing right in their hands. | ||
| It's all falling their way. | ||
| This is going to have such massive implications for your personal life, your family's life. | ||
| You have, and I realize people saying, oh, it's misdirection taking us out of the, yes, we're going to cover all that. | ||
| That's why we're expanding to a fourth hour to get to the micro politics of everything, to make sure we have a sweeping victory in 08. | ||
| But elections have consequences. | ||
| Stolen elections have catastrophic consequences. | ||
| And ladies and gentlemen, I have said for years that we're in the dark valley like the 1930s. | ||
| This is going to be worse than the 1930s. | ||
| This is going to be worse than the 1930s. | ||
| It's going to be far worse than the 1930s if we continue to allow it to go on. | ||
| OK, today we've got to get to it. | ||
| I've got honor to have. | ||
| We asked Dave Brat, who's now dean at the business school down at Liberty University, former congressman. | ||
| One of the original MAGA guys, a Freedom Caucus, a hardcore economist, but a good man, understands the Judeo-Christian West and what we're fighting for. | ||
| Also got Cortez, the brilliant Steve Cortez joins us, the co-host here for the first time. | ||
| Got Russ Vogt coming in later. | ||
| We're bringing in the heavy artillery today, but I got to start with Ben Harn. | ||
| Ben, here is what... | ||
| So people come here, and I have a lot of people now that have been watching the other networks all the time. | ||
| They're now starting to watch War Room because it said nobody gives us kind of in-depth, you know, inextricably linked analysis of capital markets, economics, the war, what's going on politically, and messaging. | ||
| I want to make sure there is ongoing They've had three rounds of discussions about what actually is between the Ukraine government and the Russian government. | ||
| Not the Zelensky-Putin level, but one step down. | ||
| And they have talked now for three separate occasions. | ||
| And of course the media always picks up Oh, the corridor and stop the shelling immediately, but the essence of those meetings is not about that. | ||
| Those get brought up and sometimes they get agreed to, other times they get not agreed to. | ||
| Sometimes they get agreed to and then the Russians don't do what they say they do according to the media. | ||
| The Russians say the same thing about the West. | ||
| But that's all kind of the active war on the surface, the kinetic war. | ||
| I want to make sure we get to, and now the Washington Post has had it, Reuters has had it, and now the Daily Telegraph. | ||
| So this is not Steve Bannon, and this is not the War Room. | ||
| This is laying out what the Russian conditions to stop everything is, and still, and I have searched every news site in the world and looked at it, I still have not seen the Western media say one word about what the Ukrainian response to these demands are. | ||
| If it's full rejection, I'd like to know what the response to these demands are. | ||
| Right? | ||
| And I'm not saying, hey, the demands are the demands. | ||
| I'm not saying you agree to them, but there's a process and this is the way you stop the shelling. | ||
| This is the way you stop the murder of these innocent civilians. | ||
| So Ben Harnwell, walk me through what we know right now about where we stand to what this is all about, according to the Russians. | ||
| Morning, Steve. | ||
| Well, the four principal points of the start of the Russian negotiating position is basically that Ukraine ceases military action, that it changes its constitution to enshrine neutrality with regards to joining other supernational blocs, principally NATO and the European Union, that the Ukraine acknowledges Crimea as Russian territory, and finally that it recognizes the separatist republics | ||
| of Donetsk and Lugansk as independent territories. | ||
| And you're absolutely right that these are really not being dealt with or covered in the mainstream press. | ||
| As you say, there was the principle article yesterday in Reuters and even more radio silence on what Ukraine's response to these four conditions are in its negotiations. | ||
| The best that we can ascertain through basically secondary and tertiary sources is that Ukraine, the sticking point, is over the territorial integrity of Ukraine, specifically the recognition of these breakaway republics. | ||
| And that is what it seems to be revolving around. | ||
| But there is, Steve, a more, a more, a more, a question lurking over this, regarding the motives of the globalist elites, which are always in the background, that seem to be intent on... | ||
| Doing everything possible to continue this armed conflict between Ukraine and Russia, which nobody really thinks Ukraine can win in the long run. | ||
| And that's an important question as to what these motivations are. | ||
| Why is it that the mainstream media are not covering what the Russian ceasefire terms are and pushing us with this overwhelming propaganda that Ukraine is really on the verge of winning and all we need to do is send it further Well, that's not really likely in military terms. | ||
| And so this question of why the globalists aren't talking about the details of the Russian ceasefire proposal produces what I think is the only credible response. | ||
| And I'm open to others, but this is the best argument that I can get. | ||
| And that is this, that our globalist elites, if they succeed in bringing Ukraine into the European Union and into NATO, We'll be able to direct towards Ukraine literally trillions of dollars worth of investment contracts to rebuild the country. | ||
| Now, and of course, if if if, on the other hand, we were to hand over Ukraine to Russia tomorrow, well, that would really be Vladimir Putin's responsibility to rebuild on the basis of you broke it, you fix it. | ||
| Now, I know it's a cynical interpretation, but I cannot think of any other coherent reason as why our globalist elites are pushing this so hard. | ||
| The reality of what they're pushing is we're fighting for this thing called the post-war, international, liberal, rules-based order. | ||
| Which China has used to become an economic superpower. | ||
| That rules-based order, only we followed the rules. | ||
| The rest of the world gamed it, gamed the system. | ||
| The American, the deplorables sent their sons and daughters over on foreign battlefields to die, and their tax dollars, and quite frankly their retirement savings, right, pension funds, went in to fund this whole thing. | ||
| That's what you're fighting for, an order that really stripped you of your economic well-being, okay? | ||
| And you lost your sons and daughters in the meantime. | ||
| That's what this is. | ||
| That's the reality of what they're fighting for. | ||
| That's why they will not bring up, here's the dog that wouldn't bark. | ||
| They will never say, I'd like to have Zelensky lay out what his counter is to Russia. | ||
| By the way, if it's unacceptable, if that's unacceptable, the territorial integrity of Russian-speaking eastern Ukraine and the Crimea, if that is unacceptable and not worth, if that is non-negotiable, we should know that. | ||
| Because I say the southern border of the United States, we got a sovereignty problem on the United States, and the Republicans should ask, and I don't want to see any more Marco Rubios or Rick Scotts up there cheerleading on. | ||
| The question has to be asked. | ||
| Is that the Ukrainian official government response? | ||
| If they reject it outright, we should know that. | ||
| I'm not saying Zelensky should take it, we're not saying he should take it, but we need to know where that stands. | ||
| Because the Guardian has an article today. | ||
| There's two paths that are going to go down. | ||
| Either an escalation in cyber and nuclear or you're going to have a defeat of Ukraine with more casualties and then a bitter peace. | ||
| We need to bring this up today. | ||
| Women and children are dying and they're going to die today and tomorrow and the next day and we need to know why they're going to die. | ||
| Why are they going to die next in the war room? | ||
|
unidentified
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War Room. | |
| 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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| Brat, what is your response for what Harnwell teed up today, and where do we stand in this war? | ||
| Yeah, well I'll put the caveat in first. | ||
| The caveat is the mistake has been made. | ||
| The fundamental flaw in our logic. | ||
| Six years ago we knew logic and that is Ukraine's a buffer. | ||
| And there's no way they're going to be a NATO country, there's no way they're going to be an EU country, because would we allow the Russians into Cuba? | ||
| No. | ||
| The answer is no. | ||
| Mexico. | ||
| Or Mexico. | ||
| It's better Mexico. | ||
| They're jammed up on there. | ||
| It's Mexico, baby, and Cuba's got to get water. | ||
| Right, so if you understand that logic, then, you know, the golden rule, there is no way Putin is going to allow Our aggressive military power on their border, especially when it abuts the Black Sea and then goes out past Turkey to get to the major waterways, it's crucial to them. | ||
| And Putin said this about six years ago. | ||
| He said, this is my boiling point. | ||
| So with that as the caveat, the answer is, I think Zelensky's got a good deal facing him. | ||
| And I would close on that deal today. | ||
| Those four points, from the American people's point of view and maybe the Ukrainian people's point of view, you would tell Zelensky to close that deal? | ||
| Yeah. | ||
| As a Christian brother, I would tell him. | ||
| If you do not close on this deal, Kiev, the other major cities are going to be just devastated. | ||
| Putin has got an ego. | ||
| We backed him into a corner. | ||
| The good news is Russia, as well as China, in a decade, have a massive demographic problem. | ||
| They've got massive structural economic problems. | ||
| Financial problems. | ||
| They're fading. | ||
| So you ride them out on this stuff, like China does. | ||
| They look a hundred years out. | ||
| This country's got to start looking out a little bit into the future. | ||
| We're going to win in the end, and so you just allow the buffer in the intermediate time. | ||
| Take that deal. | ||
| Our economy will prevail. | ||
| They'll prevail. | ||
| They can still be... We're in economic war with these guys. | ||
| We're trying to take down the central bank. | ||
| People have to understand, in modern warfare, what they call hybrid or unrestricted warfare, cyber, information, and economic, we're in offensive war. | ||
| We're taking down the central bank to crush the Russian people for regime change. | ||
| We are actively at war right now on regime change. | ||
| You agree with that? | ||
| Yes, and Putin's already backed up against the wall, right? | ||
| He already perceives that NATO and the EU are crunching him across the board and are getting aggressive against him. | ||
| And he wants to bring Russia back to its former glory. | ||
| Well, that's not going to happen, but you're not going to convince him he's wrong. | ||
| You have to appeal to his sensibilities for survival. | ||
| He's given a deal. | ||
| Which allows him to survive. | ||
| Here's the cynicism. | ||
| The West is not going to come to the military aid in Zelensky. | ||
| Zelensky last night called out the Western officials for being cowards, for not either no-fly zone, or the planes, or more military equipment they're already sending. | ||
| And by the way, Putin right now is telling you the military equipment you're sending now, he's saying, hey, I think that's an act of war. | ||
| Steve Cortez. | ||
| Yes, listen, it's so important for us to recognize that the United States has largely created this tragedy. | ||
| How do we do that? | ||
| Because we lied to both sides and we're presently financing both sides. | ||
| We lied to both sides because we told the Russians we promised them there would be no eastward expansion of NATO and we've done that ever since. | ||
| Broken that promise. | ||
| To the Ukrainians, we said if you give up your nukes, we've got your back and eventually you can have membership in the EU and perhaps even NATO. | ||
| That was a complete lie, okay? | ||
| Those were the conditions for this struggle. | ||
| And now that the struggle has commenced, now that there's violence in Ukraine, we are actively funding the Russian war machine by buying their energy en masse, particularly Europe, but also the United States. | ||
| At the same time, we're sending aid to Kiev to fight this war. | ||
| So we are totally complicit here. | ||
| But look, that's done right now. | ||
| That's spilled milk. | ||
| How do we make the best out of a terrible situation? | ||
| What is the least bad deal? | ||
| I think what Putin has put on the table is totally reasonable. | ||
| It's much more reasonable than I would have expected, and I think a lot of people, particularly those who want to constantly compare him to Hitler, he is saying, I will give up ground that we are now occupying. | ||
| He's not saying, I'm going to keep Odessa. | ||
| He's not saying that Ukraine needs to demilitarize. | ||
| He's just saying, you cannot be part of NATO. | ||
| You must recognize Crimea. | ||
| Let me caveat this, because I tell you how we're going to get blown up. | ||
| I'm going to walk people through this, because we're going to get into the details of this. | ||
| Number one, we are not saying, and I'm not saying, that he would close on this deal. | ||
| They will always, hey, at the end of the day, it's the KGB guys, right? | ||
| And the guys around him, these are really bad hombres, okay? | ||
| So they're not, I'm not saying these terms are the terms he would close on. | ||
| However, let's assume for the purposes of the discussion, those are the terms. | ||
| Cortez and Bratt, and Harnwell I know is in here, but I'm going to go to you Cortez first, then Bratt. | ||
| What they're going to say is you guys are just as bad as the English in the 1930s. | ||
| This is a sedent land. | ||
| You're letting Hitler take a bite at a time, and you're prepared to appease him for a bite at a time, and Putin is going to keep coming west. | ||
| Steve Cortez, why are you not a smarter, tougher, more handsome version of Neville Chamberlain? | ||
| Here's why. | ||
| Because it's not remotely comparable to the Sudetenland. | ||
| Because he's not remotely comparable to Hitler. | ||
| He has a failing and demographically imploding country that at best is going to exert its influence in what was the former or parts of the former Soviet Union. | ||
| At best. | ||
| The idea that he can even occupy all of Ukraine is a fantasy, and I think Putin knows that. | ||
| I think it's one of the reasons he's offering pretty reasonable terms here. | ||
| He's incapable of even occupying Ukraine. | ||
| He knows that. | ||
| At the same time, Ukraine is incapable of defeating Putin right now in the field, and that has clearly been demonstrated. | ||
| But for Americans here, Steve, I think this is the important point. | ||
| For Americans, What is our national interest in this? | ||
| And that case still has not been made, okay? | ||
| With all the gnashing of teeth that we see constantly on MSNBC, all right? | ||
| With Biden and his Davos pals ever escalating this struggle, I have yet to see one dispassionate analysis that tells me, that tells the American people, I have the decency to explain to us, we've already paid enormous costs. | ||
| We are taking incredible risks that those costs will escalate dramatically. | ||
| And when I say costs, I mean in every way. | ||
| Human costs, economic costs. | ||
| Explain to us why this eastern slice of Ukraine is a vital United States national interest. | ||
| That case has not been made to us. | ||
| Russian-speaking provinces, and Crimea had the plebiscites. | ||
| Russian-speaking provinces, hold it. | ||
| Fiona Hill set up there, and that's what I'm saying, it's about the international rules-based order. | ||
| You've seen this, but what they say, and I'm quoting Fiona Hill, it's about the self-determination of the Ukrainian people and their territorial integrity. | ||
| Well, listen, that is not in the vital national... That's for the Ukrainian people to work out with Russia and the people around them. | ||
| That's just simply... And I hate to break people's hearts. | ||
| That is not in the vital national security interest of the United States. | ||
| Let me go back and give you some history. | ||
| This book, Bloodlands, is always a good one to go back to. | ||
| If you haven't gotten this in paperback, it's a brutal read, okay? | ||
| But it talks about the exact area of the world that we're talking about in the 1930s and early 1940s. | ||
| By the time the election in 1940 came up with Roosevelt, he was adamant, the American people were adamant, no more European wars. | ||
| No more European wars. | ||
| We already bailed them out in World War I. We took a massive casualties in World War I to bring that to a head, even though we were there for a short period of time. | ||
| By this time, I think they had murdered. | ||
| Murdered. | ||
| This is before the war started. | ||
| I think they've been murdered. | ||
| Between the Germans and the Russians, the Soviets, they had murdered, I think, eventually got to 14 or 15 million people. | ||
| But by the time of the American election, it was up to 8 or 9 million people. | ||
| Now, the UN's reporting in Ukraine now, the UN's reporting 500 people are dead, 500 civilians. | ||
| I'm not saying that's right. | ||
| I'm saying the UN reported probably a lot more. | ||
| But you're talking 8 or 9 million. | ||
| And the people of the United States, the common sense people, and even FDR, That part of Eurasia, it's just not our territory, right? | ||
| And we don't, you know, just like the founder said, you can't go over, you can't go looking for monsters to slay, and these are monsters, okay? | ||
| You can't go there for looking for monsters to slay. | ||
| Dave Brat. | ||
| Yeah, I think the mainstream media is not helping us here. | ||
| They're proposing a dualism which doesn't exist. | ||
| It's either you go with all-out war or else we lose liberty, etc. | ||
| There's an intermediate position called the buffer. | ||
| That's the error in the first place, right? | ||
| And so you can still have liberty within Ukraine. | ||
| It's not freedom or unfreedom. | ||
| Is Putin offering that in his terms? | ||
| He's saying make it a buffer, but it's got to be a neutral buffer. | ||
| Don't say mainstream media. | ||
| Fox is cheerleading. | ||
| Fox 24-7. | ||
| Ladies and gentlemen, this is neoliberal neoconism to the nth degree. | ||
| What you're seeing here now is the global elites and Fox, except for Tucker, God bless Tucker. | ||
| But besides Tucker, they may be the worst. | ||
| Because they're getting Lindsey Graham on there talking about assassinating guys. | ||
| And understand, Zelensky's heart is pounding for his country. | ||
| It's true, right? | ||
| So his heart is real for his people. | ||
| As it should be. | ||
| And that's right. | ||
| But we cannot let that dictate reason. | ||
| When you're in the fog of war, that emotion, he's pumping, he loves his people, but we need to help him sort it out. | ||
| We're going to get into the economics. | ||
| This nation is hurtling towards an economic crisis that is going to make the 1930s look like a day at the beach. | ||
| Harnwell, wrap it up here, bro. | ||
| I know you've got to go back to work. | ||
| You're all over this. | ||
| Give us your closing thoughts. | ||
| Well, in terms of the UN saying that it's formally going to review the application process of Ukraine, it's just worth one moment of reality on how this will go. | ||
| Because it's actually a very long, complicated process. | ||
| I'm not going to go into it now remotely. | ||
| But first, our country is recognised as an official candidate for membership, right, which Ukraine is not at the moment. | ||
| And then it opens the process of formal negotiation, which is chapter by chapter going through what's called the acquis communautaire, which is the whole body of EU law. | ||
| Now, the countries that actually have, there are five countries currently in the status of formal negotiation. | ||
| Albania, Montenegro, North Macedonia, Serbia and Turkey. | ||
| Now, here's the point that I'm mentioning. | ||
| Turkey. | ||
| Turkey applied to be a candidate in 1987. | ||
| to be a candidate in 1987. I was only approved in 2004. | ||
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Right. Ukraine has a huge process ahead of it. | |
| You're going to be, but it's the optics of it, bro. | ||
| It's the optics of it. | ||
| They're up in the guy's grill. | ||
| Okay, real quickly, Harnwell, how did they get to you on Getter? | ||
| Yeah, I'm exclusively on Getter and my profile is my surname, Steve. | ||
| It's Harnwell, at Harnwell. | ||
| Okay, we've got Bratt and Cortez next in the worm, but the economics of all of them. | ||
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War Room. | |
| War Room. | ||
| 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. | ||
| By the way, now, I got Brad here, and you went to seminary, right? | ||
|
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Yeah. | |
| How many years were you in seminary? | ||
| Three years. | ||
| MDiv. | ||
| And you're a good man. | ||
| And Liberty is probably one of the leading Christian colleges. | ||
| I'm saying in the world. | ||
| I agree. | ||
| Absolutely. | ||
| No doubt. | ||
| One of the leading. | ||
| You think THE leading? | ||
| I think it's THE leading. | ||
| And we're 100,000 students. | ||
| By the way, the Expanded Global Program is unbelievable. | ||
| I want to get into more of what you're doing down there. | ||
| You've agreed to stay a little longer than you were. | ||
| We're going to have Russ vote on here. | ||
| Okay. | ||
| Lee Greenwood, one of the best guys around there, tried to publish a Bible that had the Constitution, the Declaration of Independence, the Bill of Rights, and the Pledge of Allegiance, and the publisher said, no thank you. | ||
| So Lee's partnered with these guys that we've partnered with. | ||
| He's been terrific. | ||
| Lee was on last week. | ||
| God Bless the USA Bible. | ||
| It's GodBlessTheUSA.com. | ||
| You get the King James Version. | ||
| I realize I'm Catholic. | ||
| I'm supposed to be doing Wizard of Rome. | ||
| My dad would give me stink eye, but KJV is my... Except for the Old Testament. | ||
| It doesn't have Maccabees in it, does it? | ||
| I'll talk to you about that later. | ||
| It doesn't have Maccabees in it, but I'm a Maccabees guy. | ||
| But go to GodBlessTheUSABible.com Right now, you've got to put in promo code WAROOM to get free shipping and handling, but just go check it out, because hey, this is a spiritual war. | ||
| Yeah, I'll just say to the people out there having family problems, depression issues out there, the Word of God has been constant for 2,000 years. | ||
| So if you get confused in this modern world when you hear crazy stuff about war, stuff that's upsetting, family stuff that's going on, all sorts of crazy issues out there, the Word of God has been constant for 2,000 years. | ||
| That does not change. | ||
| I can't believe I've got Dave Brat, and I'm about to crack Dave Brat here. | ||
| The back half has been true for 2,000 years. | ||
| The first part of the book has been around for about 3,000 or 4,000 years, right? | ||
| The Old Testament. | ||
| Yeah, yeah. | ||
| Okay, I'm just saying. | ||
| Abraham, 1,500. | ||
| I got 1,500. | ||
| We'll go back. | ||
| So 3,500 years. | ||
| I didn't even go to seminar. | ||
| I'm a liberal arts guy. | ||
| I was rounding. | ||
| I'm like Cortez. | ||
| I'm just some hammerhead Catholic, right? | ||
| That's very good. | ||
| Hey, I'm just saying. | ||
| Fact check. | ||
| Brad's giving you alternative facts here, okay? | ||
| It's the Judeo-Christian West, okay? | ||
| Yes! | ||
| Amen! | ||
| Hallelujah! | ||
| You're 100% in. | ||
| Oh, I'm all in. | ||
| It was the Duck Dynasty, guys. | ||
| Phil Robertson that got me into the... I mean, that guy knows the Old Testament like an Old Testament prophet. | ||
| Cortez. | ||
| Pick apart our argument, because they're going to be all over us. | ||
| We are not apologists for Putin, okay? | ||
| This is real politik, and that's what you need in a fog of war. | ||
| Somebody's got to be an adult in the room, and we apologize for being the adult, but somebody's got to do it. | ||
| Marco Rubio and Danes, and this is what I'm picking on them. | ||
| During the conference call with Zelensky, where he's asking for fighter cover, he's asking for no-fly zone, he's asking for Americans basically to go to war there. | ||
| They're putting it up there. | ||
| They should just swipe right. | ||
| They should just swipe right. | ||
| Don't fanboy me publicly because you're embarrassing. | ||
| And people in Montana and Florida ought to be on these guys right now to say, hey, grow up and act like men. | ||
| Steve Cortez. | ||
| We are being lied to right now by all sides. | ||
| Of course we're being lied to by the Russians, and this invasion is an act of treachery. | ||
| Of course it is. | ||
| We're also being lied to by the Ukrainians, and let's just be honest about that, okay? | ||
| The things that they try to tell us. | ||
| For example, about Snake Island, or about the ghost of Keeb. | ||
| They are lying to us as well. | ||
| But most importantly, as Americans, we're being lied to by the American ruling class. | ||
| And that's not just Democrats. | ||
| That includes a lot of establishment Republicans. | ||
| You named some of them. | ||
| And a lot of people who are card-carrying members of Conservative Inc. | ||
| Who claimed to be our allies on the right. | ||
| I'm talking about people like Sean Hannity and like Mark Levin from Fox News, who are now openly calling for American intervention. | ||
| In the case of Levin, also joined Lindsey Graham in calling for the assassination of Putin. | ||
| Something that is illegal, not to mention unbelievably dangerous. | ||
| And would involve an escalation like the world hasn't seen since World War II. | ||
| Speaking of World War II, Steve, I want to make this point because I think this is important for the audience. | ||
| Because of all the hyperbole that we hear out there that freedom itself is at stake and that this is Hitler 2.0 and that this is comparable to the Sudetenland or the Anschluss. | ||
| Let me give you an important reason why it's not remotely analogous. | ||
| And that is that Hitler was in charge of a massive war machine, a capable war machine, that was on the march to conquer the world. | ||
| And, Steve, he declared war on the United States. | ||
| If he had not done so, I think even FDR, as great a statesman as he was in many ways, he would have had a very hard time convincing the American people to go to war with him. | ||
| Now, we had obviously been attacked on our soil by the Japanese. | ||
| So that was a foregone conclusion to strike back there. | ||
| But had Hitler not declared war, it would have been a hard sell for FDR. | ||
| We are so far away from that analogy right now, from anything comparable to that in regards to what is going on in Ukraine that it's really laughable to make those comparisons. | ||
| And the deplorables out there have to be educated enough to make sure they don't allow people to pull the wool over their eyes in that regard. | ||
| Yep, Cortez on the money as always. | ||
| And also Hitler, the analogy, it's the Third Reich, right? | ||
| It's the Third Holy Roman Empire, Constantine Charlemagne, and he's the third coming of Christ in his own words and writings, which is just shocking. | ||
| So it's important for the world – we just brought up the Judeo-Christian West – to recognize One power leverage we have with Russia right now is Putin's, I pray he still has some semblance of love for his mother and the Orthodox Christian Church. | ||
| And so I think we need to call out to the Ukrainian Orthodox Christians, 80% Christian country, And get the priest. | ||
| But you know, they have this split. | ||
| Remember, the whole spiritual part of this, that's massively complicated. | ||
| Because they'd actually say, to a degree, they're trying to shut down a part of this, a spinoff of, you know, you've got the Ukrainian. | ||
| Orthodox Church, you've got the Patriarch that reports to Moscow. | ||
| I mean, it gets so complicated on the practical religious side there, right? | ||
| I think if you made that argument, they may say, hey, we're actually doing a crusade to round these guys back up and put that whole Aspen Church back together. | ||
| Yeah, well, I'm still going with my logic, and we need a buffer. | ||
| Yeah, I got that. | ||
| And Putin, the one place you might be able to appeal to that dark heart right now is to the legacy of his mother and his faith. | ||
| Impossible. | ||
| Real politique, though. | ||
| It's like Pope John Paul and putting up his fight passively. | ||
| You put those priests out in the street and you have the communion until Easter, every day on the streets, and Putin's going to have an earful. | ||
| Okay, maybe. | ||
| I think that when they open the stock market and it collapses 75% and they take down the ruble, because we're trying to regime change. | ||
| Cortez, let's go to the economics of this and how it's affecting the world. | ||
| We are hurtling down towards right now a crisis that is so far deeper than 2008. | ||
| You have no earthy idea what's about to overwhelm you. | ||
| Just don't sit there and look at gas prices right now that you're paying six and seven bucks is going to nine, right? | ||
| Steve Cortez first, then Brett. | ||
| No, listen, and the energy prices, of course, are bad enough, but that's just part of what's going on here. | ||
| We have declared economic war on Russia. | ||
| And again, I would argue, for what? | ||
| You know, toward what aim? | ||
| That justification, that case has not been made to the American people. | ||
| But here's the reality, Steve. | ||
| Joe Biden, through his horrific mismanagement of the American economy, he had already, even before this crisis, he had brought the U.S. | ||
| economy to a place of the 1970s. | ||
| A place of stagnant growth and massive, fast-rising inflation. | ||
| Hence that term, stagflation. | ||
| The worst of all worlds, where prices are rising, but growth stagnates. | ||
| He is now, through this escalation, through the economic war that he has already commenced, and Steve, it's so important to make this point, I think, to the American people. | ||
| Realize, we are at war with Russia right now. | ||
| It's the 2022 version of war. | ||
| It is a currency war, an economic war. | ||
| The degree to which, by the way, we never even waged against Nazi Germany, another reference to World War II. | ||
| We literally are doing things to Russia today in terms of debanking them and attacking their currency that we didn't even do to the Nazis, as horrific as that regime was. | ||
| So we are already engaged in a full-scale economic war. | ||
| And there are enormous risks for America to this war just yesterday. | ||
| And I don't like to focus too much on stocks because I never want to make the stock market the end goal of policy. | ||
| I want prosperity for Main Street and for regular workers. | ||
| But it is important to pay attention to financial markets. | ||
| And yesterday, stock markets were absolutely roiled. | ||
| Because of the risks that we are facing right now, to your point, Steve, of possibly regressing to the 1930s. | ||
| And if we have a chart ready to show, I sent over a chart of three really important sectors, all three of which are now, according to equity markets, in official bear markets, meaning all three of them have declined more than 20% from their highs. | ||
| They're very recent highs. | ||
| By the way, Steve. | ||
| And the three that I'm talking about here are the NASDAQ, which just yesterday, technology got into the official bear market territory, but also more important to a lot of Americans in terms of their everyday life, retailers and housing. | ||
| If you look at all three of those critical sectors, NASDAQ, QQQ, housing, XHB, and retailers, XRT, as the chart shows, all of them, that's a year-to-date chart, all of them descending massively All of them now in bear market territory. | ||
| So here's my point to the deplorables out there. | ||
| This war that we're already engaged in, this economic war, it matters a lot to your life. | ||
| Your prosperity is being harmed already immensely. | ||
| And here's the other point, Steve. | ||
| It can get massively worse because you're so right. | ||
| We're skipping from the 1970s right to the 1930s. | ||
| Everybody understands something in this audience. | ||
| You're a combatant in this. | ||
| You are a combatant. | ||
| We're at economic war. | ||
| We're at DEFCON 1 economic war with Russia right now. | ||
| We should have been with the CCP. | ||
| Many of the tools we're using, I strongly advocated for taking on the CCP. | ||
| Cut the head off the snake, the rest of it collapse. | ||
| Let's talk about wheat, bread, the price of goods, inflation. | ||
| Brett, go for it. | ||
| Yeah, go out to FRED, the database of the Federal Reserve, and look at M1. | ||
| In 4 of 20, April of 20, the M1, that's the definition of money supply, was about $5 trillion. | ||
| Now it's over $20 trillion, M1. | ||
| Okay, slow down. | ||
| Explain that to people, why it's important and why, because I know you're a monetary guy. | ||
| So, money. | ||
| Money is the green stuff in your checking accounts, as it's defined in economics. | ||
| M2's got a little, adds a little savings accounts, whatever. | ||
| But M1's kind of the classic definition of money. | ||
| The money supply. | ||
| Not GDP, not your income. | ||
| It's the money, the amount of money out there. | ||
| Milton Friedman said, go Google Milton and you'll get it in five seconds. | ||
| Inflation is always and everywhere a monetary phenomenon. | ||
| So when you see the price of bread and energy and all this, that's the effect of inflation. | ||
| That's not the cause of inflation. | ||
| Go out to that Fred Graff, it's like a hockey stick. | ||
| It goes straight up from 5 trillion to 20 trillion dollars in money, M1. | ||
| We should have hyperinflation right now. | ||
| So what does that prove? | ||
| That proves that the real economy, right, capital, human capital, technology, is a dead corpse laying on the table, right? | ||
| We've been injecting blood into that thing like crazy and it still is not living. | ||
| This is why people will tell you out there in the economy they're not feeling any kind of growth, a real organic growth. | ||
| Cortez. | ||
| If I could put a couple of data points to that because, listen, the Dean is exactly right, as usual, but a couple of data points about how bad things were even before this crisis. | ||
| You know, speaking of wheat specifically, wheat has doubled since Inauguration Day. | ||
| It was just over $6 a bushel when Joe Biden was inaugurated as president just over a year ago. | ||
| It has now doubled that. | ||
| It's well above $12, threatening to go above $13 a bushel. | ||
| But, and this is critical, At Thanksgiving, this past Thanksgiving, when there was not anything hot going on yet in terms of Ukraine, it was already almost at $9 a bushel. | ||
| So my point is, it had rallied 40% from inauguration day until November. | ||
| Why? | ||
| Because of the exorbitant borrowing and spending I'm so proud. | ||
| Sleepy Joe Biden along with Crazy Nancy and Cryin' Chuck Schumer, the three of them got together and ruined the American economy, took us to a place of the 1970s before this crisis. | ||
| Now, with this escalation, they're taking things into overdrive. | ||
| By the way, crude oil yesterday touched 130 and a half, 130.50, we're right there right now, $129 a barrel today. | ||
| So things were terrible. | ||
| I am so proud. | ||
| I'm so proud of this show. | ||
| We called it, it was going to go to 100 bucks and it was going to blow through 100 bucks. | ||
| The Russians right now say, keep it up, it's going to be $300 a barrel, right? | ||
| Particularly, and we're looking for, by the way, this is, it's the guys in the West that are funding Putin's war machine and his oligarch buddies. | ||
| Decisions have to be made, and tough decisions have to be made. | ||
| Short break, we're gonna bring in Russ Vogt, we got Cortez, Brads to decide to stay over for another segment? | ||
| Or two? | ||
| We're gonna talk about, on top of all this, they're about to have a bipartisan spending bill that's gonna blow your head up and throw napalm onto a burning dumpster fire of the American economy. | ||
| All next in the War Room. | ||
|
unidentified
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We rejoice when there's no more, let's take down the CCP! | |
| War Room. | ||
| 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. | ||
| This is why the podcast audience, which is massive, and the radio audience on the John Frederick Radio Network, you've got to get the show notes. | ||
| Go to warren.org and sign up for the show notes, because you've got to see the visuals we put up. | ||
| It's absolutely essential. | ||
| If Denver could put up Bratt's St. | ||
| Louis Fed chart, This is kind of what we preach every day, but this is a graphic. | ||
| So from the day that Trump called the C.C. | ||
| Powers a national emergency, right, March of 2020, to today, it was $5 trillion of money supplied, money, you know, money, and it goes to $20 trillion. | ||
| And today, how are we, I want you first, Brett, and then Cortez. | ||
| This is the biggest indication. | ||
| We would be at hyperinflation if you actually had a robust economy. | ||
| Now, I know we had this massive drop in aggregate demand because of the supply chain issues. | ||
| But your point is that, hey, this shows you it's a dead corpse. | ||
| And this is why truckers and guys around the country can tell you the economy's not clicking. | ||
| It's all being fueled by really IOUs of our children and our grandchildren. | ||
| Yeah, yeah. | ||
| Instead of focusing on the real economy, right? | ||
| And so everybody knows. | ||
| The shocking part of this is we just played this movie in 07-08. | ||
| They printed too much in 04-05. | ||
| John Taylor at Stanford, he's got the paper on that. | ||
| Printed too much money. | ||
| It has to go somewhere. | ||
| So back then it finds real estate. | ||
| So it's a real estate bubble. | ||
| And you all know, they've watched the big short and all that stuff. | ||
| Now it's called the everything bubble. | ||
| Every entire asset class is inflated, plus real estate's inflated. | ||
| And so they were getting ready to do, you know, seven quarter point increases to pop the bubble slowly, slowly, slowly. | ||
| But now you've injected a war in the middle of all this thing. | ||
| And so, I mean, where are the economists on any of this? | ||
| Why isn't that graph being explained by economists nationwide and they're nowhere to be found? | ||
| This also, remember Obama did this by, and this is what caused the 1% to have the greatest concentration of wealth in the nation's history, tripled down now. | ||
| Cortez, before I bring in Russ Vogt, your response to this? | ||
| This is such an important point, okay, where a crisis builds upon another crisis. | ||
| Look, we already have a monetary crisis in this country that's been building for years, and the Fed, of course, you know, I mentioned all the lies were being told. | ||
| One of the grandest, one of the most significant of the lies is the Fed lying to us, particularly in the last year since Biden took office, and telling us that inflation is, quote, transitory. | ||
| Well, we now know emphatically that it is anything but transitory, but the Fed then said, okay, We're going to actually get real. | ||
| We're going to try to normalize policy before this situation blew up in Ukraine. | ||
| But here's the thing, Steve. | ||
| Now that we have made Ukraine's tragedy our tragedy, and it doesn't have to be, but now that we've done this, now that Biden is doing this, guess what? | ||
| It's going to give the Fed an excuse, a reason, to once again delay the needed normalization. | ||
| They are going to try once again to save the owners of financial assets. | ||
| They're going to try to save the ruling class and the Davos crowd, and they're going to do it on the backs of the deplorables, people who cannot afford their gas or grocery bill already. | ||
| And it's going to get massively worse because of this twin combination of a Fed that is unwilling to fight inflation, and at the same time, a commander-in-chief Joe Biden, who insists on escalating an already existing economic war with China that could become a cyber and or kinetic war with Russia very, very quickly. | ||
| That is the reality that regular, everyday Americans are facing. | ||
| Yeah, and I just got to make one point about free markets and capitalism under attack. | ||
| At the end of the day, who provides all the medicines that saves the world every year? | ||
| At the end of the day, who is it that's coming to the rescue on every global phenomenon? | ||
| The most capitalist free market country in the world. | ||
| The socialist countries have all bombed. | ||
| They can't even do their 2%, right? | ||
| This is a lesson for the young people to learn. | ||
| At the end of the day, USA is the greatest country on the earth. | ||
| and it's evident for everyone to see right now. But hang on a second, hang on a second. I'm gonna disagree with you because that chart, that's not capitalism, that's state capitalism. We're in a system right now of state capitalism. I agree with you. | ||
| This is not Milton Friedman's heads would blow up if he saw that. First off, he would sit there and go, where are the adults? | ||
| Who are you kidding? | ||
| That money supply right there, he would sit there and go, it's over. | ||
| The policies to unwind that are so brutal. | ||
| Remember, nobody in the political sphere can take political pain. | ||
| There are no Reagans out there. | ||
| Trump did it. | ||
| That's why Trump's heroism in his first two years, and that's why the Christmas of 19, the fourth quarter of 19, is going to be looked at as a golden age for workers and the economy and all that. | ||
| Trump can take the pain, but Reagan is a guy that can take pain. | ||
| Tell me anybody in the political sphere outside of Trump that can take pain. | ||
| Russ, vote. | ||
| Your assessment of that chart, where we are in the economy before we get into this insane appropriations bill. | ||
| Russ, vote. | ||
|
unidentified
|
Yeah, I think Steve is really on to something. | |
| The necessary tightening that you need in a moment like this from an economic standpoint does not happen in the midst of crisis. | ||
| So as we have one crisis after another, particularly in our foreign policy, where it does not have to be the crisis that it is for the people of Ukraine based on our foreign policy elites getting us into this situation, we don't have the ability for any adults in the room, and there are very few of them, particularly at the Fed, to be able to take a look at the numbers and say, guys, we have a massive problem. | ||
|
unidentified
|
We've had 10 years worth of acid bubbles brewing right now and we now have Congress in the midst of all of this trying to pass a 16% increase at the very least. | |
| I think it's going to be added on to that over the course of the next several days. | ||
| Whoa, whoa, whoa, whoa, slow down. | ||
| You just dropped a bombshell. | ||
| You're saying they're going to increase the appropriations 16%? | ||
| That's what you're hearing? | ||
| There's going to be a 16% increase? | ||
| It inspires the eye to see. | ||
| Whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, slow down. | ||
| You just dropped a bombshell. | ||
| You're saying they're going to increase the appropriations 16%? | ||
| That's what you're hearing? | ||
| It's going to be 16% increase? | ||
|
unidentified
|
Correct. | |
| Correct. | ||
| Hold it. | ||
| You're laying the case. | ||
| We're going to keep vote. | ||
| We're going to keep Cortez. | ||
| Please stay. | ||
| Brad's agreed. | ||
| Because this is the thing itself. | ||
| Okay? | ||
| This is fantasy land. | ||
| These people here are dangerous. | ||
| Everybody, I don't care if you hate the sound of my voice, you've just got to sit there and face reality. | ||
| These are not adults. | ||
| This is financial and economic suicide for this nation. | ||
| If we come up now with everything else going on, and we don't start looking at what we're going to do to tighten But to allow Shelby, Senator Claghorn, if you let Shelby and Leahy, and all they're going to, it's bipartisan, and they're going to have a group hug, if what Russ Vought is saying, that is literally throwing a neutron bomb onto a raging dumpster fire. | ||
| If it's a 16 perhaps, and besides the trillion dollar annual deficit we have in perpetuity, you're going to add another trillion and a half, you're going to add over two and a half, two trillion dollars? | ||
| Insanity. | ||
| That's just going to take that chart up there. | ||
| We should be doing the exact opposite right now. | ||
| Okay, short break. | ||
| I've got Russ Vogt, former head of Office of Management and Budget, outside the President and the Chief of Staff, the third most important job in the entire U.S. | ||
| government. | ||
| I've got Steve Cortez, the brain Steve Cortez. | ||
| I've got Dean Dave Brat from Liberty University. | ||
| This is a pretty good trifecta here. | ||
| Short commercial break. |
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