March 24, 2022 - Bannon's War Room
48:50
Participants
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| Speaker | Time | Text |
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unidentified
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needs military support without limitation, because Russia uses all its arsenal against us without limitation. | |
| They destroyed every residential town building from hospitals to bridges, and Ukraine was appealing to you. | ||
| For planes, for us not to lose so many people. | ||
| And so far, we haven't received a single plane. | ||
| We asked for tanks in order to defend our cities, which are now dying. | ||
| Mariupol, Berdyansk, Melitopol and others, Russia holds hundreds of thousands of hostages and has created artificial hunger there. | ||
| You have at least 20,000 tanks. | ||
| Ukraine was asking for 500. | ||
| From all of your tanks, just 500. | ||
| Give them to us. | ||
| Sell them to us. | ||
| So far, we haven't got a clear answer. | ||
| That is the most terrible time in the war. | ||
| There are no clear answers. | ||
| We ask the West for help. | ||
| Ukraine never wanted this war. | ||
| Ukraine doesn't want to wage war for years and years. | ||
| We simply want to survive, to save our people. | ||
| Any people have the right to life, right to this single percent. | ||
| I do not want to blame NATO. | ||
| I understand this is not you. | ||
| This is not your missiles or bombs which are destroying our cities. | ||
| From the morning we had bombs, Russian phosphorus bombs. | ||
| Again, children were dying, people were dying. | ||
| Thank you. | ||
| I want to thank our great distribution partners, Real America's Voice, the Denver team, pulled that instantaneously, had a little mess up in our international bureau, but thank you very much. | ||
| So it just goes on, no clear response, no clear answer. | ||
| Remember, the EU and NATO led these people on. | ||
| Let's just be clear about that. | ||
| Professor Mersheimer walks us through that. | ||
| To the degree that they put it into their constitution. | ||
| Somebody said the other day, well, you know, they really can't give away these territories because it's in the constitution of Ukraine. | ||
| The EU membership, NATO, they really can't, you know, swear away NATO involvement. | ||
| And now he's gone around, he's gone around to all the nations in the blame and shame tour, and he took it to NATO today. | ||
| And he's pretty, his requests are, even Axios today, the headline of Mike Allen's is, sleepwalking into war. | ||
| Where'd you hear that first? | ||
| On the war room. | ||
| When? | ||
| Four weeks ago. | ||
| As I quote at the book, the great book about, besides the guns of August, the World War I, called The Sleepwalkers. | ||
| Sleepwalking today. | ||
| I mean, he couldn't be more blunt of what he needs. | ||
| He needs basically rearmament. | ||
| He needs us to become essentially combatants in the war. | ||
| Right? | ||
| So it's one of the reasons that Hitler declared war on us two days after Pearl Harbor. | ||
| Remember, FDR and his team and General Marshall. | ||
| Made a conscious decision not to go before Congress and ask on December 8th, the day after Pearl Harbor, to declare war on Nazi Germany. | ||
| They had thought this thing through. | ||
| They did not want to get involved in a European war. | ||
| I hate to bring that topic up. | ||
| I understand guys on the left or the Never Trumpers go nuts on that, but that's just a historic fact. | ||
| That's a historic fact, because the country still had a very bitter taste in its mouth from World War I, where we were the deciding factor. | ||
| And our guys got chopped up there, although they weren't in the fight for that long. | ||
| We took massive casualties, and that's why Germany quit. | ||
| The high command said, if the Americans come with this kind of manpower, that means your sons and daughters, right? | ||
| The blood and treasure. | ||
| This is an enormously complicated situation. | ||
| And now we got the ultimate grandstanders who led these people into it and thought they had their back. | ||
| That's right. | ||
|
unidentified
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Listen. | |
| Don't listen to Steve Bannon. | ||
| Listen to Zelensky. | ||
| But listen to the Ukrainian people. | ||
| Where is the West? | ||
| Where is the EU? | ||
| Where is NATO? | ||
| We need closed skies. | ||
| We need this. | ||
| We need that. | ||
| We need this. | ||
| Basically, you need an expansion of this war and more people to die. | ||
| Ben Harnwell, our International Bureau in Rome, get us up to speed on what's happening. | ||
| Zelensky also made, we didn't have time to play that clip, he made a clip yesterday, he wants people to pour out into the squares, I guess over the weekend in Europe and the United States and demonstrate and show their leaders that you must come to the rescue of Ukraine with more military assistance and maybe closed skies and no-fly zones and all that. | ||
| Ben Harnwell, your thoughts? | ||
| Yes, Steve. | ||
| Well, you know, just to come back to what you were saying about the amendment to the Constitution. | ||
| That was, I think, February 20, 2019, when they said they targeted it. | ||
| They said it was now just a strategic objective of Ukraine to join the European Union and NATO. | ||
| And I think that's one of the reasons why Putin said right from the beginning he wants the Constitution of Ukraine amended to preserve its neutrality, which is to overwrite what they did three years ago, which I think is is part of the reasons why Putin took this aggressive step that he has done. | ||
| So, looking now at what Zelensky said to NATO, and we heard just a short take of it just now, but there are some interesting lines in there, specifically that Zelensky asked for unlimited military assistance, because he says that contrasts to the unlimited | ||
| And what you're talking about war now and expanding, it's been increasing the war toxins that you've been mentioning, I think, for the last month. | ||
| Specifically now, President Biden has been concentrating on this idea that if Russia were to lead with some kind of chemical weapons or biological weapons, that then changes the scenario. | ||
| And in accordance to that, Zelensky was saying to NATO this morning that Russia has used white phosphorus in Ukraine. | ||
| Now, whether white phosphorus is or isn't considered to be chemical warfare, and it would be unusual for the United States to argue that it is, at this point, seeing that it used white phosphorus in Iraq in 2004. | ||
| That is a debatable point. | ||
| But it does seem to be the pieces seem to be lining up on the chessboard to bring NATO in now and to challenge Russia directly. | ||
| But to avoid all this, has there been any progress whatsoever as Mariposa, the land bridge, as they continue to shell Mariposa, the city that's kind of the linchpin to the land bridge? | ||
| They want that land bridges. | ||
| People have seen the maps to connect these eastern provinces, which they essentially control, at least somewhat now with Crimea. | ||
| And it looks like was the initial purpose of the war besides getting neutrality for Ukraine. | ||
| Is there any updates at all Is that all been put on hold while this NATO conference is going on? | ||
| Is that been put on hold or is there any latest developments you can talk about about really getting to the negotiating table and not just a ceasefire but start working on some sort of peace deal? | ||
| Well, in terms of Mariupol, as far as the daily updates of the maps are concerned, the encroachments between the parts of red, which clearly belong to Russia, and then the parts which are normally shaded white and red, which indicate that Russia's making advances into that, but doesn't have total dominance over that territory. | ||
| Yes, Mariupol does seem to be, when those maps, this isn't the case all over Ukraine, because in some cases, Ukraine forces do seem to be pushing the Russians back. | ||
| But the areas which are of absolute strategic interest to Russia, the war is going in Russia's favor, and that includes around Mariupol. | ||
| And once it's taken Mariupol, then it will have that clear land bridge all the way down, which, as you're absolutely correctly saying, was part of Putin's original objective. | ||
| But is this, Nader, remember, the Chinese Communist Party are the ones making out here. | ||
| We're going to talk to Dave Brett about that. | ||
| They're making out like bandits right now. | ||
| They're loving this. | ||
| And Albert says, oh, they're really concerned, but they're not concerned about it. | ||
| This is going exactly their way. | ||
| Has there been any pressures? | ||
| Because the way to stop the shelling is to get people back into negotiations and start working out a deal here. | ||
| If a deal is to be had. | ||
| If a deal is not to be had, then they're going to slug it out. | ||
| You know, NATO doesn't look like they're going to come to anybody's aid in any meaningful way. | ||
| They'll give them some weapons, but a lot more people are going to die and you're going to have a lot more merit pull. | ||
| So we just ought to be clear. | ||
| You know, he kept saying there's been no clear response. | ||
| This is not me, this is Zelensky. | ||
| No clear response, no clear answer. | ||
| I think the people in Ukraine deserve clarity. | ||
| They deserve clarity. | ||
| They have to know if they're risking their lives and they're doing this, is there going to be backup? | ||
| Is there some objective they're actually fighting for? | ||
| I think the West owes them that. | ||
| You absolutely owe these people that. | ||
| But it doesn't seem like this is some sort of pause onto the negotiating table. | ||
| And look, the Russians, it looks like the Red Army tactics haven't changed much since World War II. | ||
| You know, Putin's obsessed with World War II, as people know that. | ||
| I think he lost a brother, I think they had the family was in the siege of Leningrad. | ||
| He's obsessed with the Second World War, as many senior people in Russia are. | ||
| Ben, anything else to report? | ||
| Has there been any call to action? | ||
| How is Western Europe Because they had one of the comms people on the other day and he was talking about how it was so tough to keep people enthusiastic about his message globally. | ||
| Has there been any response of his call last night to come out to the squares in a protest? | ||
| Are the big protests going to be this weekend or the next couple of days in Europe? | ||
| Well, today is the one month anniversary, famously, because Russia started its invasion on the 24th of February. | ||
| And Volodymyr Zelensky's appeal to have rallies across the world in support of Ukraine has been picked up widely, right across the international press. | ||
| What I'm not finding at this point are any great responses on the ground of people spontaneously organizing to have a presence, at least today. | ||
| And that situation might change because the way these things have gone, and we saw this as well with regards to the COVID protests. | ||
| These protests can be organized very quickly these days through the social media platforms, and they're being organized sort of from a grassroots down, up, across the world. | ||
| approach so it wouldn't take very much effort an organization to do that but it doesn't seem to be very much that I'm picking up of anything taking place. | ||
| I'm certainly not aware of anything taking place here in Rome. | ||
| You'll monitor it closely and if we need to we'll get you back on at five o'clock for an update. | ||
| Ben, how do people follow you on Getter? | ||
| It's like the Associated Press. | ||
| You and Posobiec, you can follow this war every aspect of it by following Jack Posobiec on Getter and also Harnwell. | ||
| How do people get to you, Ben? | ||
| My getter handle is simply my surname. | ||
| It's at Hornwell. | ||
| At Hornwell. | ||
| And I'll be there. | ||
|
unidentified
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Okay. | |
| Ben, thank you very much. | ||
| I know you continue to monitor the NATO situation. | ||
| Hopefully see you back here at five. | ||
| Okay. | ||
| Let's go to Dave Brat. | ||
| Dave, I want to get to globalization after the break. | ||
| We got John Solomon coming up. | ||
| We'll play that clip. | ||
| But Dave, I got to ask you, you're on here. | ||
| You're the economist. | ||
| You're a regular on here. | ||
| This bill we passed last week or two weeks ago in the dead of night that nobody wants to talk about. | ||
| And clearly no senators sitting out there going, hey, look what I did this. | ||
| They're all ashamed of it. | ||
|
unidentified
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Yeah. | |
| But what is that going to do? | ||
| You're a monetary, you're a Milt Freeman guy, particularly monetary policy. | ||
| And I 1000% agree, dude. | ||
| It's about monetary policy and about the flooding of dollars in the spending. | ||
| Walk us through your analysis. | ||
| You've got about two minutes and then we'll take a break and bring you back. | ||
|
unidentified
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Yeah. | |
| Well, as I said last time, no one pays attention to the real economy. | ||
| The real economy right now is a white corpse laying on the table, dead, right? | ||
| We've shoved 30 trillion total in debt into the economy, fiscal stimulus. | ||
| Over the past years, $10 trillion in federal spending in the last 10 years, $9 trillion on the Federal Reserve balance sheet, $2 trillion in the last year or two of Fed funny money. | ||
| So we've been shoving blood into that corpse in the form of M2 money supply. | ||
| And if anybody looks at it, it's just a hockey stick, right? | ||
| It's relatively flattened and just jumps up through the roof by the Fed. | ||
| So the Fed's very late. | ||
| Milton Friedman said back in the 60s when he won the Nobel Prize, there's a year lag on monetary policy. | ||
| So his theory is about absolutely correct. | ||
| We start printing, you know, back in 2020, you can see the graph right there. | ||
| It goes through the roof. | ||
| And a year later, you get inflation. | ||
| And the reason you don't have hyperinflation right now. | ||
| It's because, as I said, the economy is a white corpse laying on the table. | ||
| When you shove $10 trillion in federal spending and $2 trillion in money, that thing, if it doesn't create hyperinflation, you don't have an economy. | ||
| And so that's, in a nutshell, what we're saying. | ||
| We need to get back to having a real free market economy. | ||
| The communists are teaching us a lesson right now. | ||
| Larry Fink is all messed up, saying the war is to blame for this lack of globalization. | ||
| No, it's two communist countries. | ||
| It's called Russia and China. | ||
| China's just sitting back laughing at this whole mess. | ||
| And they're learning by our actions right now as we speak. | ||
| Okay, we're going to take a break. | ||
| I want to come back. | ||
| I want to explain a little bit about M2 more because the increasing of this money supply, you know, Brad's come up with this analysis to say, hey, look, when they talk about these jobs increasing and everything like that, the economy, the real economy, people out there know it. | ||
| There's something wrong with it. | ||
| And what they've done to kind of get, they just keep infusing this with stimulants. | ||
| Right? | ||
| Money. | ||
| To kind of keep it going. | ||
| Dr. Frankenstein. | ||
| They put him up and went up on that thing and the electricity hit him, the lightning hit him. | ||
| That's what this money supply is. | ||
| It's phony. | ||
| But it's going to blow back on you, the American people. | ||
| Short break. | ||
| Dave Brat. | ||
| Dean down at Liberty. | ||
| The Business School is going to join us right after the break. | ||
| The great John Solomon also on your favorite topic. | ||
| The Clintons and Hunter Biden. | ||
|
unidentified
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All next in The War Room. | |
| 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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| Support your humble servants here at the War Room. | ||
| Brat, I want to go back to you. | ||
| Let me know when I got John Solomon teed up. | ||
| John Solomon's teed up somewhere. | ||
| So, Brat, boy, do we need you on Capitol Hill more than ever, but I know you're doing the Lord's work down there at Liberty in the business school, teaching all these young people what they have to know. | ||
| I just want one more time for let you go, because it's like Judge Jackson, the radicalness of Judge Jackson. | ||
| That's going to have implications decades and decades and decades and decades down. | ||
| She'll be there for 30 years. | ||
| OK, at least. | ||
| This printing of money, it's not free. | ||
| We've lived on this sugar high. | ||
| But we're going to rue the day. | ||
| There is a day that we're going to pay for that, and that day is quickly coming upon us. | ||
| I just want to walk through again. | ||
| Your theory of the basic core economy is dead with no real growth because we're kind of getting away from entrepreneurial capitalism. | ||
| We kind of have the state capitalism now, right? | ||
| Kind of a Chinese Communist Party model. | ||
| Huge, big government, big state, big business kind of merged together. | ||
| But the way they've been keeping it going is just printing money. | ||
| That's M2. | ||
| Walk us through your theory of the case one more time, put the chart up, and then I gotta bounce. | ||
| But we're gonna have you back on it more regularly, because this is everything, sir. | ||
| Yeah, so lately you're hearing all sorts of stories about, you know, the causes of inflation. | ||
| Milton Friedman said inflation is always and everywhere caused by money, the money supply. | ||
| Now you say, OK, all these other things, you got supply chain issues, you got energy issues, you got agriculture issues, you got fertilizer issues. | ||
| All that's true. | ||
| But that's being accommodated. | ||
| That's the key word by the increase in the money supply. | ||
| If you have a fixed amount of money, you can't just the mental experiment. | ||
| You can't just raise the prices of everything by a thousand percent. | ||
| Right. | ||
| So there's some limiting factor that's called the money supply. | ||
| And so I referred to all the stimulus to ground this thing. | ||
| The example that's relevant is as far as our national accounting system, the way we measure GDP growth, etc., and the real economy. | ||
| It's like you got a billion-dollar loan from a rich uncle, right? | ||
| So you go out and you buy a yacht with your billion dollars. | ||
| That billion-dollar yacht gets counted as GDP growth, as consumption, right? | ||
| Macroeconomics, C plus I plus G, if you remember your freshman year economics, that's your macro equation for the sum total of the economy. | ||
| And so you take a loan out for a billion dollars from the rich uncle. | ||
| You buy the yacht. | ||
| It's a billion dollars in consumption. | ||
| It's counted that way. | ||
| And that counts as part of GDP and part of GDP growth. | ||
| Well, how can that be? | ||
| It can't be. | ||
| That's obviously not GDP growth because you're forgetting about the liability side. | ||
| You owe your uncle a billion dollars. | ||
| So you say, when's it all going to hit us? | ||
| It's all going to hit us when the stock market crashes this time. | ||
| In 07-08, we had a real estate bubble that brought our markets to their knees. | ||
| Now we've got an everything bubble that's going to really bring us to our knees. | ||
| So that's going to be the limiting factor. | ||
| We used to have what were called the bond market vigilantes. | ||
| The bond market folks would come in and say, hey, we've got to have some interest rate, not zero forever. | ||
| But now the Fed is so powerful with the tens of trillions of dollars you've seen at play. | ||
| with easing, printing money, etc. They have dominated and crushed the bond market, which takes some doing because the bond market makes the stock market look small. It's gigantic. | ||
| So this again all points to the fundamental thesis is we got a downside federal government. | ||
| This is also the theory of big numbers because you're talking about like they passed a trade By the way, when they aggregated all of the transfer rate, it's over six trillion dollars when you add this all up, because their accounting is always trying to hide things, like particularly Medicaid, always trying to hide Medicaid. | ||
| When you do it, it's six trillion dollars. | ||
| Brett, how do people, I know you're so old school, you're not even on social media. | ||
| You're the original gangster. | ||
| How do people, but for your writings, how do people get to this? | ||
| Because people that are older, that are of a certain age, remember the fight of Ronald Reagan and Paul Volcker? | ||
| Two individuals who could take political pain, something we don't have today. | ||
| They remember back in the old days, M1 and M2, the business networks, Lou Dobbs was talking about it every night, that kind of went away for a couple of decades. | ||
| It's going to be back in your life again and we're going to walk you through the importance of it. | ||
| in the days and weeks ahead. | ||
| How do people get to you, Brad, or is there any way to get to you besides getting in a car and driving to Lynchburg, Virginia? | ||
| Well, that's what I recommend first and foremost, but get your kids to go out and YouTube Uncle Milton Friedman. | ||
| That's a way to get into my thought. | ||
| And then Google the Western tradition, right? | ||
| I wanted to get a little bit into Larry Fink today, saying the war is the cause of all this lack of globalization. | ||
| No, Larry and all the Fortune 500 guys, Are bailing out on this thing because they were all in this ESG movement, right? | ||
| And they just suddenly noticed that Russia and China aren't great on social governance and doing good. | ||
| Yeah, they also own the bonds. | ||
| Listen, I'm gonna get you back on. | ||
| I gotta play the thing. | ||
| The Fink thing is huge, but I don't have time for today, but I'll get you back. | ||
| Dave Brett, thank you very much. | ||
| You're always the best. | ||
|
unidentified
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God bless. | |
| All right, see you guys. | ||
| Okay. | ||
| John Solomon. | ||
| Nobody's done a better job of investigating. | ||
| Look, he's the top investigative reporter in the country. | ||
| Has been for decades. | ||
| He's put his sights on the Russiagate, the Ukraine, but he's got a great piece out there about our favorites. | ||
| The Clintons, Ukraine. | ||
| They're making money. | ||
| Hunter Biden. | ||
| Walk us through the new piece on Just the News, John. | ||
| It's a must read. | ||
| Yeah, listen, the truth of the matter is if you want to understand how political corruption can lead to war, this story tries to help you understand it. | ||
| Why is that? | ||
| Before Putin invaded Ukraine, not once but twice on Joe Biden's watch, it needed cash. | ||
| It was cash starved at the beginning of 08, 09, and 10. | ||
| And the Obama administration, with Hillary Clinton at the quarterback, and Joe Biden as the general manager of the team, they did a thing called the reset. | ||
| And the reset really amounted to, let's give Russia everything they want, and they'll turn out to be really great people. | ||
| They did that. | ||
| Meanwhile, the three large political families, the Obamas, the Clintons, and the Bidens, went into Russia and enriched themselves. | ||
| Bill Clinton got that $500,000 check. | ||
| We saw Hunter Biden go get things both in Ukraine and in Russia from oligarchs, from Burisma to the mayor's wife in Moscow. | ||
| So they're all cashing in. | ||
| Barack Obama's library got a huge amount of money from a company that did a lot of business with Russia. | ||
| So both sides cash in and then at some point when Vladimir Putin... Hold on, hold on, hold on, one second. | ||
| We don't have the chart, I can't pull it up, but the Clinton Foundation, Clinton Global Initiative got $10 million from Ukraine. | ||
| They're the biggest single giver. | ||
| You got that chart that's got, I mean, Ukraine's way over the top. | ||
| The money laundering operation of the Clintons is the Clinton Global... So I just wanna make sure. | ||
| $10 million from Ukraine, more than every other nation on Earth. | ||
| This is not about the Ukrainian people. | ||
| The Ukrainian people are good, hard-working people. | ||
| This is about the oligarchs that run the... Let's have a part... Let's have a adult conversation. | ||
| It's the third or fourth most corrupt nation on Earth. | ||
| Russia being the seventh most corrupt nation on Earth. | ||
| John Solomon. | ||
| Yeah, there's no doubt. | ||
| Listen, Victor Pinchuk's one of the largest donors to the Clinton Foundation in history. | ||
| He's a Russian oligarch. | ||
| Nikolai Zolchevsky, he's the guy that gave Hunter Biden all that money. | ||
| Let me tell you about one of the most important things, because it explains some of Biden's maneuvering the last couple weeks. | ||
| As part of this reset, Vladimir Putin was given permission by Barack Obama, by Joe Biden, by Hillary Clinton to go create long-term, 20, 30-year contracts with American utilities to make American utilities and their nuclear reactors dependent on Russian uranium. | ||
| It was a multibillion-dollar giveaway to the Russians. | ||
| And it actually collapsed our uranium mining business here in America, because Russia was underselling our prices. | ||
| We can't get off that Russian uranium. | ||
| When Joe Biden did the sanctions the other day, he had to exempt uranium because 20% of our nuclear power comes from Russia now. | ||
| We were sucked up by Russia. | ||
| Russia got everything it wanted. | ||
| It made us codependent. | ||
| The Obamas, Clintons, and Bidens got rich off those oligarchs, off those deals, speech fees, board fees, all these things. And then Vladimir Putin pulled the rug out from under all of us, and he invaded Ukraine like we just saw. Corruption gave Vladimir Putin the fuel, the money, the cash to do this war, and the democratic policy of... | ||
|
unidentified
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Did we lose John? | |
| Let's get him back up. | ||
| Put that chart back up there for a second. | ||
| This gets back to Uranium One, Peter Schweitzer, all the work we did back in the old days. | ||
| You know, Hillary Clinton. | ||
| Sitting on that sofa, right, on that big keister, sitting on that sofa the other day saying she had COVID and she's at home and she's, you know, Bill's quarantining, you know, Bill's quarantining along with her. | ||
| Does she have movie recommendations? | ||
| Anybody have movie recommendations? | ||
| Of course, everybody's putting up the Benghazi film, the 13, right, the Benghazi film. | ||
| I had a recommendation for her, Clinton Cash. | ||
| The film we made right before I took over the Trump campaign as CEO, we had just premiered Clinton Cash. | ||
| It goes through all of their stealing from Haiti, but the big one is Uranium One. | ||
| Clinton's been stealing with both hands for years, enriching themselves. | ||
| A couple of small-time operators from Arkansas didn't have two nickels to rub together. | ||
| I think when he left the White House, his legal bills alone, Because of the DNA he left on Monica Lewinsky's dress. | ||
|
unidentified
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Hello! | |
| He was, I think, three or four million dollars in debt. | ||
| They talk about three or four million dollars in debt and now they're worth... | ||
| You know, hundreds of millions of dollars. | ||
| The operation they set up, they set up the Clinton Initiative and the Clinton Global Foundation to go around and basically use it as a money laundering operation, influence peddling, that's an old word, influence peddling, an old phrase. | ||
| That's what they did. | ||
| Uranium One being one of the biggest deals they cut, right? | ||
| That basically shut down, destroyed the uranium industry in the United States, but to make us totally beholden to Russia. | ||
| That's the Clintons. | ||
| Remember, this fight you got going on now between Russia and this, it's kind of like the Medicis versus the Borgias. | ||
| You got all these players, and I'm not a conspiracy theorist whatsoever. | ||
| It's just, that's just the simple math that's out there about what's really going on. | ||
| It's not about the Ukrainian people. | ||
| Ukrainian people are the ones taking incoming and Maripol, okay? | ||
| But who prospers? | ||
| Who's making money this whole deal? | ||
| This is all about money and power. | ||
| And the little guy suffers, and the little guy sits and goes, but you promised me, you promised us, you promised us. | ||
| We're gonna get some upside in the education area next, to end on a high note, in the war room. | ||
|
unidentified
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BlackRock's Larry Fink is out today with his letter to shareholders. | |
| The head of the world's largest asset managers starts his annual communication with the Russian invasion of Ukraine and the impact that the war has had on markets around the world, specifically the rate of globalization. | ||
| Here's what he writes. | ||
| I remain a long-term believer in the benefits of globalization and the power of global capital markets. | ||
| Access to global capital enables companies to fund growth, countries to increase economic development, and more people to experience financial well-being. | ||
| Recent events and the swift sanctions Western economies have levied against Russia have shaken his approach somewhat. | ||
| And Fink says this, too. | ||
| The Russian invasion of Ukraine has put an end to the globalization that we have experienced over the last three decades. | ||
| Access to capital markets is a privilege, not a right. | ||
| And following Russia's invasion, we saw how the private sector quickly terminated longstanding business and investment relationships. | ||
| And guys, I think that's what's incredibly interesting here. | ||
| If Larry Fink is saying that globalization as we know it is coming to an end, that means something. | ||
| We've talked about, basically, My entire professional career just being an expansion of globalization. | ||
| We are watching this in a lot of different ways. | ||
| Larry Fink talking about this, what we heard yesterday from Intel's CEO when he's talking to Congress about making sure that we can shore up plants here in the United States. | ||
| It really does seem like we are coming to the end. | ||
| And, you know, you want to talk about backwardation. | ||
| This is backwardation when it comes to globalization. | ||
| Well, to me, see, this is like a next level of post pandemic. | ||
| We didn't know this was coming. | ||
| But when everyone talked about resilience and what was happening with the supply chain then, and now it's sort of as this whole issue has been elevated in a whole different way. | ||
| So if you're Apple at this point, I think you have a real conversation about whether you want to be. | ||
| As you know, my professional life, I'm a populist nationalist, is about ending globalization, right? | ||
| Because it has destroyed working class people and the middle class throughout the world. | ||
| Larry Fink can sit there and say that because Larry Fink manages $10 trillion, which also No one should have that much power, okay? | ||
| He has massive, massive power. | ||
| There's another clip in there we'll play tonight or tomorrow. | ||
| He talks about forcing behaviors, behavioral changes, social justice. | ||
| Remember, this guy is the most woke guy around. | ||
| He's the one with his funds that are forcing corporations to become more woke. | ||
| And also on the green energy thing. | ||
| He says, you have to use capital to force behaviors, and I'm forcing behaviors. | ||
| BlackRock's forcing behaviors. | ||
| These are very dangerous. | ||
| There's a way though to to stop globalization and to take it apart and do it in a way that that doesn't adversely impact people because this is the way the system has been but you can build upon it and then there's a way to have a free fall. | ||
| What we're going to have is a free fall. | ||
| Okay? | ||
| This is not the way to do it. | ||
| The way to do it would have been go to the cancer that's in globalization and that is the criminal The transnational criminal organization in Beijing. | ||
| Okay? | ||
| In Beijing. | ||
| And take that down, assist the Chinese people taking that down, then you can start to unwind globalization, and you can start to, every nation can start to have a bottom, can start to have a bottom to it in a real economy. | ||
| Right now you've just impoverished workers throughout the world because you have the slave labor of the Lao Bajing in China. | ||
| What was he just about to say? | ||
| The New York Times reporter there, Ross Sorkin, was just about to say, Andrew Ross Sorkin I think it is, was just about to talk about Apple. | ||
|
unidentified
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Why? | |
| Because Apple manufactures all in Shenzhen. | ||
| Hello, Sengen, this is the one that was shut down, locked down with 50 million people because of the bioweapon that came out of the Wuhan lab that we still don't have really any idea. | ||
| Well, we do have an idea. | ||
| Of course, they want to cover that up, right? | ||
| And focus on this Russian situation on the eastern border of Russian-speaking Ukraine, a territorial dispute over a border, right? | ||
| But no, the sovereignty, the self-determination, and the nationalism, and the territorial integrity of Ukraine, of Eastern Ukraine, is more important than the southern border of the United States, the sovereignty, self-determination of the American people. | ||
| One of the reasons we've been on this non-stop coverage of the Supreme Court confirmation of Judge Jackson Is to make sure that you've got a real understanding of Judge Jackson in our own words. | ||
| And we had Bob Luddy, who's a tremendous entrepreneur, comes to us through our new strategic partnership at Star News. | ||
| Michael Patrick Leahy knows him very well. | ||
| But one of the things we wanted to do, and that's where we played the highlights, what Judge Jackson is saying is going to impact this nation. | ||
| For decades and decades and decades, she will be one of the select people that sits on the highest court in the land and makes fundamental decisions about policy, about executive action, all of it. | ||
| So she will be incredibly powerful. | ||
| And this is not about her qualifications. | ||
| She's extremely intelligent. | ||
| She's gone to the best schools in the nation. | ||
| She's performed at the very top in these competitive academic environments, which I can tell you is very competitive. | ||
| And she's flourished in the legal system and as a federal judge. | ||
| It's qualifications, one thing in content of not just her character, but more importantly, her beliefs is something else. | ||
| And that's why you saw on full display today and no, it's not fringy. | ||
| And we're going to let the American people decide that this November, because if if she does get confirmed, this will be a tough vote. | ||
| And I'm telling you, Mark Kelly's senatorial career will end on this vote. | ||
| Take it, write it down now, the 21st, 24th of March. | ||
| Stephen K. Bannon. | ||
| I'll take the, I'll take that bet, okay? | ||
| Now part of it is about education, and about CIT, this poison. | ||
| So I'm gonna bring in Bob Luddy. | ||
| Bob, the first thing I wanna talk about is how you've taken, you're an incredibly successful entrepreneur, and I wanna talk about how you went from being a successful entrepreneur with a great business, To this focus on education, our kids, this huge story up in Daily Mail today that shows during COVID, not only did we pour trillions of dollars into the country and blow up the balance sheet of the Federal Reserve and the nation, but that also performance has dramatically dropped in both literacy and math skills in a nation. | ||
| I think we're already 23rd in the nation in literacy. | ||
| I think lower than that in math. | ||
| Why did you have this shift in your professional career? | ||
|
unidentified
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The things I learned over the course of being in manufacturing and engineering is that there are so many students that are deficient in basic skills, discipline, things that you expect them to learn in school. | |
| And for many of them, it means that the American dream, to some degree, has escaped them. | ||
| So in 1998, I opened a public charter school in Wake Forest, North Carolina. | ||
| And within two years, it was considered the best school to be in in this area. | ||
| And ever since then, we've grown to about 1,650 employees or students with a wait list that is oftentimes up to about 2,000 students. | ||
| So about 10 years later, I formed the Thales Academy. | ||
| Because one of the things that we know from private businesses The further we get away from the government, the more freedom that we have. | ||
| And in educating students in the modern world, particularly where the public sector has corrupted education, we need private initiatives that teach American traditional values, Christian values, the truth, and a plethora of skills from academic to vocational. | ||
| So Thales Academy opened in 2007. | ||
| It now has a dozen campuses in three states. | ||
| This summer, we'll have 5,800 students. | ||
| And it's amazing to see how students can achieve at all levels and all economic classes, given a fair opportunity, which very often does not occur in the public schools. | ||
| And now we have COVID. | ||
| We have this endless woke propaganda overlaying a poor system. | ||
| So if America wants to get away from globalization, we have to have well-trained vocational academic individuals with high levels of discipline in a country that facilitates the ability to manufacture products. | ||
| So let me go back to this for a second. | ||
| Let's leave the underpinnings of the Judeo-Christian West and the values and all that. | ||
| Let's just put that off to the side and put a pin in it. | ||
| I want to get back to where you can compare an apple to an apple, which is the public school system, since they don't teach those values anymore. | ||
| Everything has shifted, and this is one of the things I keep saying. | ||
| Everything at the elementary school level has supposedly shifted Because of the lack of training of people being able to compete and be able to take these jobs to STEM. | ||
| Science, technology, engineering, and math. | ||
| To the thing of history and other cultural aspects, music, etc. | ||
| This is out of the public schools. | ||
| I keep saying, hey, This is the inherent racism of the liberal and progressive elite. | ||
| You don't have enough blacks or Hispanics or minorities in engineering schools and therefore in Silicon Valley. | ||
| And one of the reasons is we take in foreign students. | ||
| I went to a land grant university, take in foreign students because they pay full freight, not to the smarter people. | ||
| But to go back to your concept, when you said, hey, I did this because I could see people didn't have the basic skills anymore. | ||
| What does Thales do? | ||
| What do you do at the Academy on the nuts and bolts that's different than what a public school does, supposedly that teaches STEM, science, technology, engineering, math? | ||
| Bob Luddy. | ||
|
unidentified
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OK, to begin with, in starting in kindergarten through the fifth grade, we use a methodology called direct instruction. | |
| Which was developed by Zing Egelman out of Oregon University. | ||
| And essentially what it is, it's a formatted methodology of teaching reading, math, phonics, reading comprehension. | ||
| And it requires a high level of discipline and a high level of energy on the part of the teacher. | ||
| Now, one of the features of direct instruction is ability grouping. | ||
| So in the first grade you have, or kindergarten, you have a range of students They may be in four different ability groups, and they're in a group where they can learn quickly because the pace of direct instruction is very fast. | ||
| As they progress, they move up group. | ||
| So when you get to the end of first grade, all students can read at grade level. | ||
| Some students can read at second grade level. | ||
| Some students can read a third grade level. | ||
| They continue to progress in the direct instruction through the fifth grade. | ||
| And one of the aspects of direct instruction is every student, 100% of the time, must be engaged in the process. | ||
| And that's how we make sure that every student learns. | ||
| If a student falls behind in the afternoon, we give them a remedial reading, math, phonics, spelling, whatever they need so that they can maintain the pace. | ||
| And we teach to mastery. | ||
| And that mastery is judged in a two minute Review individually with every student every single week So these students are very carefully monitored in a school of 500 k5 students The head administrator will know the status of every single student in that school So essentially every student has their individual Learning program everyone is monitored and by the time they get out of the fifth grade. | ||
| They're good readers They have good reading comprehension And they're ready to enter what we call the classic curriculum. | ||
| I like to say learning from the masters. | ||
| From Thales, Aristotle, Socrates, Thomas, John Locke, all the way forward till today. | ||
| So high levels of discipline. | ||
| It's a friendly, constructive discipline. | ||
| Students love to learn. | ||
| When they learn, they gain legitimate self-confidence and then the process really begins to work and they're happy students. | ||
| I think, we had the Moms for Liberty on here last week, talking to someone, and I think they said that, is it 73% of American students when they get ready to graduate are not reading at the equivalent high school level? | ||
| Are the statistics that bad? | ||
| We've got about 30 seconds and we'll hold you through it. | ||
| Is the public school that bad? | ||
|
unidentified
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In North Carolina, 67% of the students going into high school are not at the high school reading level. | |
| Two-thirds. | ||
| And your point is, little kids are basically learning machines. | ||
| If you set up the environment correctly, and you have a modicum of discipline, they just want to absorb. | ||
| They want to learn. | ||
| They're little learning machines. | ||
| And they love it. | ||
| Bob, I want you to hang on. | ||
| We're going to take a short commercial break. | ||
| I told you there was going to be some blue sky here. | ||
| It's not all Armageddon. | ||
| This is what we're fighting for. | ||
| Bob Luddy, his education project, the Thales Academy. | ||
| Also, we're going to go to Auden down at the border quickly. | ||
| He's going to team up for tonight. | ||
|
unidentified
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in a moment in the War Room. | |
| Conservatives have been helpless to do anything about it, until now. | ||
| Join Getter, the social media platform that supports free speech and opposes cancel culture. | ||
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| Join Getter. | ||
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| Okay, welcome back to the War Room. | ||
| I've just heard from Capitol Hill that the call vibe over Dick Durbin's office is so intense that it's backed up. | ||
| The number is 202-224-3121. | ||
| That is 202-224-3121. | ||
| That's the switchboard. | ||
| Obviously, you're home state senator, but if you would like Senator Durbin to hear a piece of your mind colored inside the lines, let him know. | ||
| It's backed up. | ||
| And these are not calls that are coming, they're not attaboys, okay? | ||
| This is coming from people that are outraged at holding back these documents. | ||
| So let Senator Durbin have a piece of your mind about turning over everything about Judge Jackson so she can get a fair, so it can be fair to her. | ||
| And we know it is. | ||
| All the Obama administration documents, these 48,000 pages, all the, when she was Vice Chairman of the Sentencing Commission, and of course the pre-sentencing with Ted Cruz and those guys asked for in the letter yesterday. | ||
| Okay, we have Bob Luddy from the Thales Academy. | ||
| Bob, we only got a couple minutes, but we're dying to have you back. | ||
| I gotta tell you, the audience is just incredible. | ||
| They're so jacked up because we've been dealing with so many tough topics. | ||
| It's good to hear solutions, and you're a solutions provider. | ||
| Real quickly, why can't, since it's, your tuition, I think $6,500, I don't know, we're spending $10,000 or $15,000 on each kid at a public school anyway. | ||
| Why can't a public school on Monday morning just take your program and totally implement it, sir? | ||
|
unidentified
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They could do it very easily, but they refuse to do it. | |
| Some very few public schools use once in a while, but they don't do it correctly. | ||
| I think what the audience can do is advocate for school choice. | ||
| If you look at North Carolina, 25% of the students now are not in the traditional public schools. | ||
| That creates competition. | ||
| Competition will move toward the best quality and the best results over time. | ||
| So how do people find out more about what you've accomplished, about your academy? | ||
| Is there a website they can go to? | ||
| Can they find out more? | ||
| Is there things they can download and they can share? | ||
| How can people find out more about you and what you've accomplished? | ||
|
unidentified
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Yeah, if they go to thalesacademy.org, we actually have a video by the man that created Direct Instruction. | |
| He's now passed on from Oregon. | ||
| And we have a series of videos of how this instruction is done. | ||
| And it's open source. | ||
| Any school can adopt it. | ||
| We've helped many, many schools and will help many in the future to learn this process. | ||
| I gotta tell you, Bob, this is what makes America great, is someone like yourself that has worked hard, built a company, and then decided, hey, I'm going to put my shoulder to the wheel for the good of the community, for the good of civic society. | ||
| And this is, I already know, because people that brought this to me said this is having a major impact and maybe one of our ways forward. | ||
| So I want to thank you. | ||
| Thank you for being a patriot. | ||
| And thank you for thinking of these kids. | ||
| These little kids are learning machines. | ||
| But they've got to be in an environment where they can learn. | ||
| Not this mess we've got, and not what you heard, no offense, Judge Jackson, talking about this poison of CRT that they want to put in kids' brains. | ||
| You want to make kids non-competitive in a highly competitive world? | ||
| Remember, we had Ms. | ||
| Friend, women from Watts, talking about when the schools are shut down out in Watts for the COVID. | ||
| What was her biggest complaint? | ||
| She says, hey, these kids have to compete against Korea, China, Japan, every nation in the world. | ||
| And they've got to be ready for that competition. | ||
| And that's what Bob Lutte is saying. | ||
| Bob, once again, what's the website? | ||
| We're going to put it in all the chat rooms and all of our... Yeah, baileysacademy.org. | ||
|
unidentified
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And all the information's on there, and also you can contact us. | |
| And keep in mind, school choice is imperative for America. | ||
| It's the salvation of America. | ||
| It's American competition. | ||
| And it's all directed to help our young students. | ||
| Bob, thank you. | ||
| Honored to have you on. | ||
| Look forward to having you back here in the War Room. | ||
|
unidentified
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Pleasure to be with you, Steve. | |
| Bob Luddy, Thales Academy. | ||
| Let's not play the cold open. | ||
| I want to go to Auden, who's down in Acuno on the Mexican side of the Rio Grande. | ||
| Auden, they're getting ready to take off Title 42. | ||
| Tell us the situation. | ||
| What is actually happening down on the northern Mexican border, sir? | ||
|
unidentified
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Several days ago, CBP issued a press release regarding large numbers of crossings dating to the 18th, 20th, and 21st of March, and these were groups over 100 had been crossing. | |
| Yesterday, I went to the river, to the International Bridge here in Cunha and Del Rio, the same bridge where we saw the 15,000 Haitians. | ||
| As soon as I arrived, sure enough, I flew my drone and there was about a hundred migrants underneath the international bridge. | ||
| The word is that the border patrol gets them cleared out as soon as possible to avoid any bad press. | ||
| But I was able to capture it. | ||
| And that's only the beginning of what's happening. | ||
| I've been talking to migrants. | ||
| I went down to the bus station and there was buses that are arriving. | ||
| I spoke to people from Ghana and Angola and Cubans. | ||
| They were all in Tapachula, Chiapas. | ||
| Just for some context, if you recall, back in December, there was approximately 50,000 migrants in Tapachula. | ||
| And they were dispersed throughout Mexico in what Todd Bensman described the Operacion Hormiga, ant operation. | ||
| I was over there with him in January. | ||
| And by then the numbers were starting to increase once again. | ||
| And if you follow Oscar Elbrú reporting, the numbers are up to 60-70,000 migrants once again in Tapachula. | ||
| And what I'm discovering at the Riverbank is this entry registration form that's been issued by the Mexican Institute. | ||
| I tell you what, Auden, hold on. | ||
| We're going to get you back here at five o'clock. | ||
| I just want to give people a taste. | ||
| We'll focus here in the War Room on the border that matters for folks in the United States of America. | ||
| That would be the southern border. | ||
| The Rio Grande Valley, South Texas, Arizona, New Mexico, California. | ||
|
unidentified
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Okay? | |
| We're going to have intense focus on this. | ||
| As Title 42 comes up, the second wave of the invasion is about to commence, and it's going to overwhelm the hard-working Hispanic folks down the Rio Grande Valley. | ||
| We want to let them know that we're here for them. | ||
| We got their back. | ||
| The Biden administration and the elites don't. | ||
| They're focused on the Russian-speaking border in Ukraine. | ||
| We're not. | ||
| We're focused here. | ||
| Auden is going to join us at 5 o'clock. | ||
| Make sure you hit the War Room, 6 o'clock. | ||
| Another explosive show on the hardcore politics of our nation. | ||
| We'll see you back here in the War Room, 5 p.m. |
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