All Episodes
June 6, 2022 - Bannon's War Room
48:51
Episode 1,908 – Invasion On The Southern Border; China’s Economy Collapses; The Crisis In EnergyEpisode 1,908 – Invasion On The Southern Border; China’s Economy Collapses; The Crisis In Energy
Participants
Main voices
s
steve bannon
17:35
s
steve cortes
17:14
Appearances
d
dave walsh
03:10
m
mika brzezinski
01:17
Clips
j
joe scarborough
00:32
j
jonathan lemire
00:11
| Copy link to current segment

Speaker Time Text
mika brzezinski
he's still a huge threat to democracy, the author of an incredible new profile will join Okay, welcome.
steve bannon
We're in the War Room.
It's Monday, 6 June, the Year of Our Lord 2022.
Of course, it's the commemoration 78 years ago, the 78th anniversary of D-Day, the taking back of Western Europe led by American, Canadian and British troops on the beaches of Normandy.
Of course, the paratroopers and gliders and pathfinders that went inland.
We're going to get to all that.
We got a packed show.
Rudy's going to join us in the second hour.
We've got, by the way, Dr. Peter Navarro.
We'll be on tomorrow.
Dr. Navarro is going to be exclusive on Tucker Carlson tonight.
So we're going to play some clips from Dr. Navarro.
I spent the weekend with Dr. Navarro.
We were doing the commemoration of Tiananmen Square and of course the new federal state of China and broadcast I think it was 24 hours.
Dr. Navarro joined us.
Jason Miller, it was a fantastic weekend.
We got also this controversial, I guess controversial article in Atlantic we're gonna get it out to all the platforms as soon as Captain Bannon can give me a headline Denver's gonna put it up We're gonna play some more clips from that from morning Mika, but that is it's that's not noise That's kind of quasi signal, but real signal is of course the economy geopolitics everything that's going on I want to go to Steve Cortez Steve
You know, this whole thing, Biden's going to Saudi Arabia, Biden's not going to Saudi Arabia, Biden's going over the Kowtow.
I think the Saudis just varied lead in one of the stories.
It's $120 a barrel, Saudi oil, just gave us a little love tap.
You've got more bad news.
Let's walk through economics that's going to impact people's lives from energy.
And we also have the great Dave Walsh, who's going to join us later to talk about energy.
Energy and also China.
The continual meltdown of the Chinese economy.
Steve Cortes, thank you.
By the way, welcome back off the beach.
Some of us are sitting here laboring in the vineyards.
Cortes, you look amazing!
Great tan!
steve cortes
I've got to make sure that I'm tanner than you.
My Hispanic cred will not hold up if I let the Irishman get darker than I. So I took care of that.
I was down in Mexico for a week.
It was wonderful.
By the way, Mexico, on a serious point, Mexico, believe it or not, bountiful supplies.
I went to two different grocery stores.
Absolutely bountiful supplies of baby formula.
Think of that.
South of the border, Mexico, a country that I love, a country that's not nearly as advanced economically as the United States, or at least isn't supposed to be, has seemingly endless supplies of baby formula, something that we in the United States are incapable of doing right now.
But here's the bad news.
Things are going to get even worse in all likelihood, and part of why I say that, you mentioned energy.
Right now, as we speak, see natural gas prices are up almost 7% On the day.
Now, Steve, that's a bad month.
It would be even a bad year, perhaps, to go up 7%.
They are up 7% today, well above $9 per million British Thermal Units.
That's how it's priced.
To put that in context, when Joe Biden prevailed November 3rd, 2020, it was $2.50.
We had an almost endless supply of dependable, affordable natural gas to power American homes and American factories under Donald Trump.
not be part of that because of the...
steve bannon
But hang on a second, hang on a second, hang on a second.
Elections have consequences, and stolen elections have catastrophic consequences.
I wouldn't say prevail.
That may be a term I'm not agree with.
The evening of the big steal.
unidentified
The evening of the big steal.
steve bannon
Exactly, the big steal.
Natural gas was $2.50, correct?
It's $9 today.
Okay, ladies and gentlemen, folks, we're going to get to that in a second.
I just want to tell you, that is, Cortez, is that not the cruelest tax?
Going, because also when you see gas prices rising that much, also the other things of oil and fertilizers, so you got your energy costs, you got the two basic necessities you need.
Food, energy, and shelter.
You're absolutely getting crushed.
Look at that.
It's almost a four-fold increase, or it's three and a half times increase.
This is what's killing the working class in this country, Steve Cortez.
steve cortes
Steve, that's in spite of the fact that the good Lord above has blessed the United States in so many ways, with so many resources, but particularly when it comes to natural gas, that we have underneath our feet literally oceans of natural gas.
We are the envy of the world regarding this commodity, and yet, because of the anti-energy, anti-domestic production policies of Joe Biden, we are not fully exploiting that natural advantage that the United States has, and the cost Are going to be staggering a lot of factories most factories in fact large ones are powered by natural gas I think a lot of consumers think of natural gas in terms of their Their heat for their homes in the winter of course it does that a lot of consumers may not realize
Is that the power that you are using now that it's starting to get warm, particularly in the Sun Belt areas of the United States, to cool your home, almost 40% of electricity in this country is generated by natural gas.
So the home air conditioning bills, particularly in hot parts of the country, in the Sun Belt, they are going to be staggering this year.
That is simply the reality that's facing Americans because of the policies of Joe Biden and Nancy Pelosi and Mitch McConnell and yes Kevin McCarthy because all four of those people that I just named all of them supported this 40 billion dollar boondoggle money we do not have a mountain of money to escalate a war in which America has no inherent intrinsic National interest, a war that is making what was a pre-existing inflationary spiral all the worse, and particularly when it comes to commodities like energy.
So, Steve, listen, the news is bad and the news is likely to get worse.
Pay attention to these commodity markets today.
Wheat is soaring.
Natural gas is soaring.
These are the kinds of tangible realities that Americans have to deal with because of the catastrophic policy failures of the Biden administration.
And these are the causes of real wages crashing in this country and to connect the dots between the various crises of Joe Biden at a time when real wages are crashing for regular Americans, for citizens of the United States.
What is Biden doing?
He's inviting in millions of illegal workers to come in and unjustly and unlawfully compete That is the situation.
That is the quagmire being faced right now by Americans.
And it is little wonder that because of all these forces, confidence among the American people is tanking.
steve bannon
I want to go to more of the Signal Not Noise.
Here's the problem with the business press now, whether it's Fox Business or CNBC.
In Bloomberg, you don't quite get it as much.
That's why I like Bloomberg the best, at least of the television part of these market analysis, because they seem to be more tied to markets.
Because the rest is cheerleading, and they don't really get to the issues.
You know, I spent the weekend with the New Federal State guys, and we did, you know, constant broadcasting.
I had lots of input and lots of, you know, around with the Chinese-Americans and the Chinese all weekend.
And what I heard about China, in Shanghai particularly, was beyond scary.
You're the first guy to really pick up on this.
Talk to us about the PMI number.
What does it mean?
What does it mean here?
Why did you pick it up?
And understand that they lie about every number they've got.
Why is this a portent poorly for the world economy?
steve cortes
Well, and Steve, I'm glad you mentioned that, that of course we can't trust any numbers coming out of Beijing from the Chinese Communist Party.
However, one of the reasons I pay so much attention to PMI, there's really two main reasons.
One is that even in China, this is a pretty reliable number that is done mostly by the private sector.
There's not a lot of CCP interference, thankfully.
In the Chinese PMI number, so it's one of the cleanest numbers, if not the cleanest, that we get out of China.
But the other reason I think PMIs are so important from a global perspective is that you really have the same methodology worldwide.
And that's not true of a lot of other statistics.
When you look at employment, inflation, a lot of economic statistics, in some cases it's not apples to apples because the data collection is done so differently.
But PMIs, purchasing managers, Index they are done in a very similar way all over the world and overnight.
We got dreadful PMI data out of China.
This is what's known as a diffusion index meaning when it's above 50 an economy is growing when it's below 50 is contracting.
Well, not surprisingly.
The Chinese PMI composite, which is both services and manufacturing, it actually tanked with the Shanghai shutdown.
It went all the way down.
It was above 50 before the shutdown, went all the way to 36.
Other than the spring of 2020 lockdown, that is the worst level in all of history.
With the exception of April of 2020, the entire world locked down because of the Chinese Communist Party.
Now, this one, which was just released overnight, the expectations were there was going to be this massive rebound from 36.
Market expectations were rebound all the way to 46.
And then the anticipation was heading back about 50.
Instead, Steve, it came in at only 41.
So incredibly disappointing.
still well into retrenchment, into recessionary territory for China.
And Steve, I think there's a couple of huge risks here for the United States.
You know, the first is that the United States right now faces the possibility of not only is our own economy declining and is that decline intensifying here in the United States, but you now have the second biggest economy in the world with whom we are intrinsically linked, interlinked.
Unfortunately, it is also diving even more deeply than the United States, it appears, into a recession.
So tremendous economic risks.
And then also on the geopolitical side, Steve, and this is even scarier, the Chinese Congress Party has largely maintained its grip on power through a bribe with the Chinese people, with the Chinese citizens, effectively telling them, you have to give up your rights, but we are promising you growth in return.
It's effectively a grand macro bribe.
Well, that bribe doesn't work if the Chinese party cannot deliver the growth.
So what is it now incentivized to do?
I think it's incentivized to get a lot more aggressive externally outside of mainland China, particularly when it comes to Taiwan.
So these are incredibly dangerous times, and we know that historically inflation Economic calamity often feeds into kinetic calamity, kinetic war.
And I fear with the Chinese Congress Party, those risks are rising dramatically because of the way the Chinese economy is tanking even worse than the already weak U.S.
unidentified
economy.
steve bannon
Let's go back and give us your assessment right now of the economy, because I keep saying, until the Biden regime comes up with something that's adult-like on the energy, there's no way out of this mess.
And now what you have is, to me, one of the most humiliating things I've ever seen.
They're so, you know, this is the so super pro-democracy guys, right?
Democracy, democracy, democracy.
We're the anti-democratic fascists.
They're the democracy guys.
They're on bended knee with the worst, the House of Saud, Saudi Arabia.
He's thinking of flying over there.
He's taking a flight over to Saudi Arabia to kowtow to the Arab princes.
And Venezuela.
You're going to the worst regimes in the world and begging them with your tin cup to please.
If anything shows the feebleness of the ruling class and the managed decline of America, nothing's better than this.
You don't hear any real action about what it takes to get back to full spectrum energy dominance that drove the Trump economy, Steve Cortez.
steve cortes
You know, this is such an important point.
The worst regimes and the worst people in the world are becoming ever richer and ever more powerful.
In Riyadh, in Tehran, in Moscow, they are lighting their cigars right now with $100 bills.
Why?
Because oil has found a new normal north of $100.
We can't become accustomed to this, Steve.
The United States economy simply cannot handle, the average American cannot handle energy at these levels.
And here's the thing, Steve, it doesn't have to be that way.
There are some countries in the world, take Japan for example, who are not blessed with resources, who don't have this kind of abundance, and who can effectively be captive to other countries that do have resources.
That's not the case for the United States of America.
This is a country blessed by God with incredible resources.
Resources that we were harnessing to the fullest extent under President Trump just over a year ago.
It wasn't long ago, Steve.
These aren't tales from when I was young.
You know, here's the way it was.
We're talking about literally not that many months ago when the United States had dependable, affordable energy.
But instead, Biden declared war on American energy, and he also declared economic war on a major energy producer in Russia.
Needlessly so, at the behest of Davos, And Brussels, not for the best interest of American consumers.
And you're so right.
Listen, whatever the Fed does, whatever Congress does, I don't expect anything out of Congress, but even if it were to try to attack inflation, unless we get at this energy issue, you're exactly correct.
This is the crux of the issue.
And what makes it such a cruel paradox, Steve, is that it doesn't have to be this way because America is an energy dominant country in reality.
steve bannon
Okay.
Actually, let's leave the politics aside.
You're coming out of an economy that's been used to zero interest rates or low interest rates in all, what, in the 20s or $30 a barrel?
Remember the Russians and the Saudis went gangster on us to destroy the fracking industry here?
unidentified
$20, $30.
steve bannon
That was the structure of the American economy.
Guess what?
Note to self.
Those days are over.
Massive changes to come.
Okay, short commercial break.
Oh, by the way, Elon Musk today pulled his deal on Twitter.
Said too many bots.
Boy, where did I hear that?
Where did I hear that?
Yes, it's official.
I'm getting tired of winning.
Steve Cortez.
Dave Walsh.
We may go to the border.
We've got everything cranking today.
What do they call this?
The centerpiece of the anti-democratic forces or something like this?
Morning Mika!
I'm upsetting Mika.
Okay, short commercial break.
unidentified
All right, Cortez will join us on the other side.
Comrades, this is a peaceful movement.
This is a movement in which we are asking for the freedom of the migrant people, comrades.
This is a peaceful movement.
This is a movement in which we are asking for the freedom of the migrant people, comrades.
We are leaving Tapachula tomorrow.
We are leaving Tapachula tomorrow, comrades.
Tonight we are going to close with a prayer, we are going to close with a biblical reading, because I think that most of you have...
steve bannon
Okay, okay.
I want Denver to keep that up.
Keep that up, Denver.
Just take it down a little bit.
No, no, no, no, no.
Bring it back up a little.
Okay, not me.
Don't want to see me.
I want to see the footage.
Thank you.
There we go.
Okay, now bring up the sound just a little bit.
We're going to produce here live.
Bring the sound up a little bit.
Just a tad.
Bring it up.
Bring it up.
There we go.
We got it.
unidentified
Okay.
steve bannon
That's perfect.
We got it.
unidentified
Okay.
steve bannon
That's Tapachula.
Remember the other day, Oscar Blue is going to join us in a second, the intrepid reporter for Real America's Voice.
And by the way, their coverage is absolutely the best.
Ben Berquam, Oscar Blue, Todd Bensman, we've got people, it's just incredible.
Tapachula, the whole world, all the media's coming down there now.
These guys, that's on the other side of the Darien Gap.
And, uh, actually, I guess it's the southern city of Mexico.
You gotta come through the Darien Gap where Jan and these guys have been, which is down below the front line nations in Central America.
You come through that dangerous journey of the Darien Gap, then you gotta get through the front line nations where the cartels start getting their hands on you and they pass you over.
As you remember for the audience, particularly the podcast and radio, the other day when we started this journey with Oscar, there was a thousand people in Tapachula ready to go.
I believe Oscar, let's bring in Oscar Blue Ramirez right now.
Oscar, I think you're telling me there's 12,000?
This is the railhead for the caravans.
They all form in Tapachula.
Oscar Ramirez, live from Tapachula, Mexico.
What do you have for us, sir?
unidentified
Mr. Vanna, good morning.
We are in Beniden.
We're walking today.
As you know, last week, there was a speculation of a quantity between 7,000 migrants that were on this list.
They were going to walk, but the Mexican authorities came to an agreement.
When that did not happen, they did not give them the humanitarian visa or the visa transit, so they decided to walk.
And now, sir, we have the most historical and largest caravan that has ever come out of the El Burro and Tapachula.
It is It's estimated right now, 12,000 individuals, which a lot of them are children.
You got 3,000 children.
80% of this caravan to 85% of it are people from Venezuela, Central America, the other 15 to 20% Central America, Africa, parts of Somalia, a lot of people from Somalia, Bangladesh, and all parts of the world, sir.
This is the most historic caravan, Mr. Bannon, that has ever come out of Tapachula.
It is 12, more than 12,000 individuals walking with the intentions to arrive to the north border of the United States of America, sir.
steve bannon
Oscar, that journey is a very perilous journey.
Now, I just want to make sure the audience understands this.
They get essentially a pass from the Mexican government, kind of a visa, that says you can't stop along the way, you can't reside, you've got to go through our country, but you've got to get to the northern border of Mexico, and then you've got to work your entrance into the United States.
Is that essentially what these caravans are based upon?
unidentified
Yes, a humanitarian visa or the visa transit is a document that is being given by the Institute of National Immigration who provides the migrants for them to walk freely into all the country of Mexico.
But ultimately, the migrants, they don't want to stay in Mexico, sir.
Their number one purpose is to go to the north borders of the United States of America.
And as we talked about it the other day, Eagle Pass and El Rio, it is the borders that they are going to get this massive influx that more than 12,000 people are going to be arriving in the next incoming week, sir.
steve bannon
Oscar, hang right there.
I'm going to bring in Steve Cortez.
Steve, give me your assessment of this.
You were in, obviously, the resort part of Mexico, which is, I think, run by cartels, but doing fine.
But this is real Mexico, and you see what's happening here, the peril to the citizens there.
But they're just, they're saying, hey, they're heading north.
And this is organized.
This is the Biden administration.
Ladies and gentlemen, this is the beginning of the first article of impeachment of Joe Biden.
The initiation, exacerbation of an invasion of the United States.
It is ridiculous that all over the world, these are economic migrants.
I am not, I'm not demonizing people and I do not make the argument that their economic lives are terrible because they are terrible.
Okay?
That is not reason for an asylum into the United States, Steve Cortez.
steve cortes
No, it certainly is not.
And by the way, you know who agrees with that statement, that reality?
Barack Obama, there is tape of him saying exactly that.
Having tough economic circumstances or living in a tough neighborhood, those are not legitimate asylum claims.
Because guess what?
Lots of Americans have tough economic circumstances and live in bad neighborhoods in the United States.
You know, a couple of realities here for Mexico, Steve.
The first is that this is so destabilizing for Mexico.
Now, I care first and foremost, of course, about the United States, what it's doing to our country.
But it is also completely destabilizing our friend and ally and neighbor to the South.
And who is it, and here's the second point, who is benefiting within Mexico?
The cartels.
This is a boon for the cartels like they have never seen before because, Steve, trafficking people is even more lucrative than trafficking in narcotics, which is pretty dang lucrative in and of itself.
And they're doing plenty of both, but the point is we have opened an entirely new, massive line of business for the cartels.
There is a transfer of wealth going on right now to the cartels, to some of the most reprehensible organizations on the planet Earth.
These cartels use the tactics of ISIS But they do so right next to the United States and increasingly on our side of the border within the United States.
And because of Joe Biden's dereliction of duty, and you're completely correct, he absolutely should be impeached for this.
This is a willful dereliction of duty of the first responsibility of any leader.
Whether it's a mayor or a governor or certainly the President of the United States, to maintain public safety, to maintain law and order.
His willful, total disregard, his dereliction of duty means that he is unfit for that office and he should be impeached.
But in the meantime, he has literally handed a massive, gargantuan gift To some of the worst people on earth, the Mexican cartels who are destabilizing their own country, and believe me, going to cause enormous future problems within the United States, in addition to what the problems that are already unfolding in this country, particularly again as it relates to wages in this country.
steve bannon
I'll tell you another gift.
It actually is to the MAGA movement because this proves, all the facades ripped off.
You know who supports us?
Working class Hispanics in South Texas and the Rio Grande Valley.
They see exactly what's coming up there to them, right?
Destruction of jobs, wages, their hospitals, their health care service, the education, right?
Wages collapse and security.
And to wit, not just this tectonic plate shit that Kornacki's been talking about non-stop and we have in the voting, but also, the poll was 65% of the people in Rio Grande Valley and South Texas want to close the border.
You know why they want to close the border?
They understand what's coming up from Tapachula.
They're not living in the Hamptons.
They're not living in the Upper East Side.
They're not living in Bel Air or Beverly Hills or Newport Beach, California.
They're living right there with that income.
They're in Eagle Pass.
They're in Del Rio, Texas.
And what's the crossroads for Del Rio?
Media matters.
What's the crossroads a couple miles, you know, 60 miles inland?
The crossroads from El Paso in Del Rio?
Uvalde.
Uvalde, Texas.
You heard that name before?
Uvalde, Texas.
Okay, 48 lockdowns of those school children in one academic year.
Why?
Everything related to the cartels and the illegal aliens coming across with, wait for it, weapons.
Steve Cortes.
steve cortes
Steve, just to clarify on that Trafalgar poll, that 65% number, which by the way was the highest of any demographic group, higher than whites, blacks, Asian-Americans, Hispanics, By Trafalgar, that was nationwide.
65% said they want to close the border.
Think of that, Steve.
Close the border.
Now that is to the right of where Donald Trump is on the border.
That's to the right of where Steve Cortez is on the border, okay?
It's hard to get to the right.
unidentified
They're in Steve Bannon land right there.
steve bannon
No farther right than close it.
steve cortes
I just want to clarify that that is not the Rio Grande.
They didn't break that down.
My strong guess would be in the Rio Grande, you'd find 90% approval for that number.
That's 65% nationwide.
The people who are actually living with it most acutely on the border, my supposition is that it would be far higher.
But the point is, what we do know, enough supposition, what we know is that two-thirds of Hispanics So that narrative that Hispanics are somehow soft on the border or that Hispanics are fixated only on the issue of migration, that's just a complete media myth that should be discarded.
And Donald Trump proved that, by the way, because after decades of really feckless outreach from the GOP who tried to sort of give Hispanics a Hispanic, excuse me, a Democrat light vision with some Spanish language thrown in, Donald Trump came and said no.
I'm going to speak to Hispanics like the citizens and adults that they are.
And they believe in strong borders.
They believe in law and order and safety in our streets.
They do not believe in sanctuary cities, in large part because the victims of dangerous illegal aliens who cross our border, the victims are almost always the Hispanic citizens of the United States.
But regardless of your ethnicity or your race, The point is, sovereignty makes sense, strong borders make sense all the time, but particularly at a moment like this, Steve, where we have such incredible anxiety in this country, where we have inflation out of control and real wages crashing and crime exploding across our cities.
If ever there were a time to be serious about sovereignty and border control, it's 2022.
steve bannon
Let me have real quickly, guys.
Can I go to Oscar real quickly?
Oscar, we're going to go to break here in a second.
Give me an update.
We're going to go to break and come back to you, sir.
unidentified
Alvaro Bregone is the next stop.
It's a couple of miles from here, Mr. Van, and they're going to rest there for possibly the rest of the day.
12,000, they're going to sleep in the dome.
There's no place to put 12,000, sir.
In the past caravans, we have seen 4,000 to 5,000, and they have overwhelmed these parks and they have overwhelmed these domes.
So I don't know where they are going to fit.
All these 12,000 people.
The Mexican authorities are not doing anything about it.
They passed an inspection point and they went through it.
And the president, the most ridiculous thing, Mr. Bannon, is that on Wednesday, President Amblo is visiting Tapachula.
Let's see what he says about this.
steve bannon
Oscar Blue Ramirez is hanging with us.
He's on the march with the caravan up from Tapachula.
He's now 12,000 strong.
Take a short commercial break.
Steve Cortez.
We've got Dave Walsh to talk about the energy crisis.
We're going to be back to the, what do they call it, the railhead of the anti-democratic forces.
It's interesting they talk about the activists.
Is this an activist show?
Activist means engaged in, guess what, wait for it, democracy.
All next in the War Room.
unidentified
we rejoice when there's no more let's take down the ccd.
steve bannon
for a podcast and radio and radio audience um what you're seeing is just incredible footage coming out of tapachula mexico where a caravan has started It was 1,000 people, I think, last week were there.
Now it's over 12,000.
Our reporter, Real America's Voice, and the Border News Network's Oscar Blue Ramirez is down there.
It's absolutely stunning.
For folks that watch this in Texas, particularly down in Eagle Pass and Del Rio and the Rio Grande Valley, this is coming.
This is headed right your way.
This is, this is what, this is what the Biden administration, this is what an illegitimate regime has done.
Elections have consequences.
Stone elections have catastrophic consequences.
As tough as the border is to get a control of, Trump had control of the border.
Right?
Had control of the border.
He had, he had gas prices down two bucks, you know, below two bucks, around two dollars.
He had inflation at virtually zero.
Right?
He had low interest rates.
He had full employment.
He had blue collar wages rising.
What's not to like about that?
The apparatus, the entropic warfare that they're pulling on you, that's what it is.
It's chaos everywhere and they're inviting it.
This is a managed crisis and everybody in media, we're going to get to the Atlantic article, mark my words, he's getting impeached in the first article.
He's going to get impeached for multiple articles.
He's getting impeached and all of you guys, save the receipts because we're going to bring all of you up there.
You're all criminals as far as I'm concerned.
You're guilty of worse than treason.
Look what you have done and you're inviting this into the United States to crush, to crush Working class Hispanics.
That's what this is about.
They're gonna flood the zone, they want the cheap labor, and they want the votes.
Who's this to replace?
American citizens.
Doesn't matter your ethnicity, doesn't matter your color, it's you as a citizen.
Just look at it.
Look, think of what Oscar Blu was reporting the last couple of weeks in informant.
And by the way, you think this has lasted?
This is the beginning of it.
This is the beginning of the summer March season.
Why would they not?
You know who the rational actors are in this drama?
Those folks you're seeing on the screen right now, all 12,000 of them.
They understand, hey.
I'm living in a place that's tough to make a living.
And I can get to El Norte.
I can get to the United States of America.
And I'm going to have health care.
I'm going to have education for my kids.
I'm going to have the opportunity for a job.
We're not demonizing these folks.
We're demonizing the apparatus that allows it to happen and monetize them and makes money off them.
This is what the Biden administration has done.
And this is what they're going to be held accountable for.
And any Republican that doesn't believe that is not worthy of your support and not worthy of your vote.
Cortez, let me bring, before I go back to Oscar, let me go back, let me get to you and put it in perspective what we're talking about here, sir.
steve cortes
Well, Steve, listen, you know, this is a human tsunami of trespassers who are headed to the United States to break and enter into our country.
So we have to be very honest about what is transpiring here.
And you're right, it is a total dereliction of duty by Joe Biden and for which he should be impeached.
But I want to point out a couple things about the crowd.
The first, which I think is obvious, I hope, this is almost all young men.
Look at this crowd.
These are not mothers and children.
These are not refugees who are running for their lives.
That's what the corporate media wants you to believe.
These are economic migrants.
These are young men who are making a rational decision to break and enter into the United States.
Why?
unidentified
Not just because they haven't just been told that they will be tolerated, because they have been invited to do so.
They have been incentivized to do so by the Biden administration.
steve cortes
I want to point out a couple of other organizations, though, because it's not only the Biden administration.
You mentioned who in the United States What benefits from this madness and this anarchy?
Well, all of these Soros-funded NGOs, they benefit, unfortunately, and they are stoking a lot of this on the ground in Latin America.
And let me tell you, another organization that benefits, and it gives me no pleasure to say this, and that is the Catholic Church in the United States.
The United States Conference of Catholic Bishops, unfortunately, and it pains me to say this as a Catholic, but the United States Conference of Catholic Bishops has been completely complicit in this border madness.
And there is nothing merciful about this, Steve, because you create a zone of human misery when you have a lawless border.
Because I mentioned before how much power, how much money is being handed over to the cartels.
When regular legitimate law enforcement ceases to operate in an area, there's never just a vacuum of power.
Authority will be established.
That authority has been established by the cartels.
So there's nothing merciful.
There's nothing altruistic about opening up the American border.
And there are a lot of people responsible.
Joe Biden, most of all.
But also the NGOs.
And also, I'm sad to say, the Catholic Church in the United States.
This has to stop.
This is madness.
steve bannon
No, to the Catholic Charities thing, the Catholic Church's involvement here is a total scam.
Remember, they're going to have the Hemisphere meeting out in Los Angeles.
They're already trying to virtue signal their going to L.A.
on this.
But every Hispanic American citizen should be revolted by what they're seeing here because this is all about driving down your wages.
Oscar Blue Ramirez, can you give us an update on this caravan?
What is the anticipated arrival in the United States, sir?
unidentified
Well, the anticipation, sir, is that possibly they're going to come to an agreement with the Mexican authorities.
There's no other way that these people are going to make it all the way up to the north walking.
It has never been in history they have been helping them with buses and in the middle of walking to all the outside of the state of Chiapas, they always come to an agreement with the Mexican authorities.
So, estimated two weeks, sir, that we'll be arriving to the northern borders.
And particularly, as I have said before, Eagle Pass and Del Rio, Texas, everybody, everybody, these 12,000 souls, if I ask every single one of them, sir, everyone knows the word of river.
So, they know Eagle Pass and they know Del Rio, sir.
And 12,000, it is the quantity that right now it is estimated in two weeks, around two weeks, that we'll be arriving to the north border, sir.
steve bannon
Oscar, I want you to hang around if you can.
I know you're with the thing.
We're going to come back to you.
I want to get some of the economics of this done.
Do we have Steve Cortez's?
And by the way, we can cut back and keep putting up that footage, because I don't want to lose.
That is powerful.
For our podcast and radio audience, this is why you've got to go to Worm.org and also get our daily newsletter, particularly the podcast people, because you can get a lot of the clips that you play.
Look, I love the podcast audience.
It's massive.
Read the number one or two, I think, every day for a political podcast.
But when you see the visuals, it adds so much more to it.
Do we have the Chalk Talk?
Let's do the Chalk Talk and then I want to bring in Dave Walsh.
steve cortes
Or Joe Biden took off on yet another beach vacation for the weekend that most Americans simply can't afford. Here's what he said about the economy and confidence quote.
Since I took office, more Americans feel financially comfortable, financially comfortable.
Is that true? For the evidence, let's go to a chalk talk brought to you by Getter using Investment Business Daily Economic Optimism Index. That index, by the way, hit 60 under Donald Trump, which was a 16 year record high. Last spring, it was at 56 with Joe Biden.
Then the Biden-Pelosi-McConnell-McCarthy inflation started to really surge.
And what has happened ever since?
Optimism absolutely tanks.
It hit 41 in May, which is a record low since 2014, which, not coincidentally, was the last time that Biden was in the White House as vice president and the last time that energy prices were this high.
Folks, confidence and optimism.
They're tanking as fast as real wages.
And it's because of Biden.
steve bannon
Okay, one of the solutions out of here is energy.
What they do is go kowtow to Saudi Arabia and Venezuela.
unidentified
By the way, isn't this Pride Month?
steve bannon
Isn't everything the Biden administration is doing is pride?
How much pride?
Is he going over to Saudi?
Are they going to have a pride ceremony?
Are they going to go to the embassy and put the pride flag up?
Is that what you're going to do?
The hypocrisy of these people, it's so in your grill.
When you go over there, how's the pride thing working out in Saudi Arabia?
Don't they throw gay guys off buildings?
Right?
Isn't that their drill?
Isn't that their drill in the austere form of Islam they've got?
I'm just asking.
Curious minds want to know.
How's that pride thing working out?
Maybe we paint the barrels with the rainbow colors?
Why don't we do that?
You're over there begging.
You're on bended knee.
You're humiliating this country.
Then you're gonna go to Venezuela.
Cortez nailed it.
You've made every gangster in the world super wealthy.
You and your Green New Deal.
If you're gonna try to do it, then at least be an adult and think it through.
You know, Greta?
You know, the little 12-year-old running around with her, you know, giving you stink eye all the time?
Right?
That put fear in you, all quivering and all scared of that.
And then Biden.
And look where this has got us.
It's a threefold crisis.
It's oil, gas and electricity.
Dave Walsh, you're a guy on this.
Tell us how bad this crisis is and is it going to get worse?
dave walsh
Hey Steve, just real quick, building on Oscar's report, 10 million new people in the country over a year and a half period arriving in this way mean we need 10 more 1,000 megawatt baseload power plants to support those folks in terms of humanely treating them.
Where's that happening?
You know the answer.
It's not happening.
That's just among many other things.
So, you know, the population growth means the need for more energy.
This isn't happening.
And this is the key thing.
So what's different from 1976?
Why is this worse?
Well, it's worse because we have our own government conspiring directly with OPEC and with Russia to take conscious actions to drive up energy prices in this country, specifically oil and gas.
And you look at even today, it's been reported by WhatsApp that a WhatsApp, that's an energy web information source, We have now 2,000 federal leases in Wyoming that retroactively the Obama appointed judge who shut down production in the Gulf of Mexico by canceling leases there is considering to withdraw 2,000 present oil and gas leases in Wyoming as we speak.
So we talked last week and the week before about the actions in Alaska, the Gulf of Mexico, offshore drilling.
As posited by our wonderful Secretary of the Interior before the Mansion Committee, now we've got 2,000 leases in Wyoming for oil and gas exploration looking at being canceled in the next few days by the administration.
So what we didn't face in the 70s was a cross-conspiracy of our own government to draw down supplies, to draw down supply of oil and gas, which has the impact of raising prices.
We didn't have that then.
So the CNN piece, positive in terms of their coming around on the severity of this, but this has been the nub of consistent actions by the administration, and leading with the Obama administration binge at the end of the 2012-2014 period.
Six key environmental policies being pushed in kind of a binge, the Mercury and Air Toxic Standard, the Cross-State Pollution Rule, the Regional Haze Rule, National Ambient Air Quality Standards Rule, the Clean Power Plan Rule, and the Coal Combustion Residuals plan all being pushed forward by the EPA between 2013 and 2015 that resulted in the shuttering
of one-third of the nation's coal resource for power generation. We shuttered 100,000 megawatts of coal-fired generation from...
We had 330 gigawatts of coal for power generation.
Important because that's a base load continuous resource for us.
Shuttered now to 210,000 and we're accelerating that even in 2022.
The shutdown of base load continuous duty generating plants which exacerbates the gas crisis we're seeing at the pump.
The electricity crisis is going to be as bad this fall because of key regions not having enough base load energy supply.
steve bannon
Dave, hang on for one second.
I'm going to hold you.
I've got Cortez.
This is what Cortez keeps saying.
If working class and middle class people, by the way, a poll out 60% of all Americans live paycheck to paycheck.
all americans live paycheck to paycheck thirty six percent of americans over two hundred fifty thousand dollars a year the top five percent paycheck to paycheck those paychecks are going to get a lot more stressed Okay?
Food exploding.
Energy is going to continue to explode.
Okay, short commercial break.
We're going to come back into the world.
We've got Dave Walsh, Steve Cortez.
I think we might even do a little Morning Mika.
We might tuck this in.
Morning Mika.
unidentified
See you back here in a minute or two.
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mika brzezinski
Also ahead, Steve Bannon and why he's still a huge threat to democracy.
The author of an incredible new profile will join us.
The hour on Thursday, the January 6th committee will hold its first primetime hearing.
Among those caught up in the investigation, former Trump aide Steve Bannon, who helped fuel conspiracy theories before the insurrection and is currently awaiting trial for refusing the committee's subpoena.
Pull a surprise winning writer.
Jennifer Sr.
joins us now.
She's out this morning with a new profile of Steve Bannon entitled American Rasputin.
Thank you very much for coming in.
Jonathan Lemire has the first question.
steve cortes
It's a fantastic profile.
I was reading it this morning.
jonathan lemire
So Steve Bannon, obviously he's fallen in and out of former President Trump's favor.
unidentified
period where they didn't speak. Before January 6th though, he was back in the center of things.
jonathan lemire
First of all, just tell us where Steve Bannon is now and what sort of role does he play with the MAGA movement and the extreme right wing?
unidentified
So when I started doing the research on this, it was January-ish, and I had heard from a number of sources that he had not spoken to the president in like a year.
I think they kind of follow each other like two cats circling one another.
Where he is in terms of the MAGA movement, I think he is responsible for marshalling, you could make the case that he is responsible for marshalling a lot of the energy behind January 6th.
His podcast, which he insists is not a podcast but is a TV show, although it's on like channel 240 of Pluto TV, which is its own weird metaphor for how kind of distant it is from where we see things.
It's got a very activist base, you know, and he's constantly having citizen activists on his show saying, how can we get to you?
You know, tell me how you get involved in local politics.
And he's really working hard to get everybody involved in the kind of superstructure and the infrastructure of the Republican Party.
mika brzezinski
You describe how he sort of gets his followers going, kind of throwing drill sergeant type.
unidentified
Use your agency.
mika brzezinski
Yeah, what does that mean?
unidentified
Put your shoulder to the wheel.
mika brzezinski
Exactly.
unidentified
So when he is... A force multiplier.
mika brzezinski
A force multiplier.
So what is he hoping people... And you say from the ground up.
unidentified
From the ground up.
Meaning that if people get involved at the precinct level of politics, Election deniers will eventually rise up and be in control of all the election apparatuses, right?
That they will be Secretaries of State, Mark Fincham, guys like that, who are in Arizona, right?
You start low and you ultimately end high.
And, I don't know, he was in the Navy.
It's like Navy speak with extra habanero.
mika brzezinski
Extra.
Joe, jump in.
joe scarborough
Yeah, I'm just curious, Jennifer, how do you balance, when you're writing about Steve Bannon, you're talking about the dangers, but how do you balance that with the fact that Steve Bannon wants you to write this article, and he wants you to say that he's dangerous for democracy, and he's going to frame this article, and he's going to talk about it, he loves this, so how do you balance that?
unidentified
It's a great question.
You know, exposure doesn't equal an endorsement.
I think that's journalism.
And I think we would be foolish not to pay attention to him.
I mean, I think he's going to do what he's going to do, whether we are watching or not.
And it's better for us to know what he's up to.
And so just because if we don't pay attention to him, it's not like he's not there inflaming people and helping so...
I think a really anti-democratic movement and like, you know, sort of laying dynamite beneath the floorboards of American democracy and blowing everything up.
So do you want to know about it or do you want to stick your fingers in your ears and cover your eyes?
It's our choice.
mika brzezinski
All right.
Really appreciate your coming in.
Jennifer, a new piece in The Atlantic entitled American Rasputin.
It's on Steve Bannon and it's pretty chilling.
And Joe, as we close today, D-Day, your thoughts?
unidentified
Well, first of all, I would say that's a great way to put it, a great way she put it.
joe scarborough
The question is that people have always wondered, it was with people like Bannon, does throwing the attention to him make them actually more powerful and stronger?
unidentified
I think, I agree with Jennifer, you've got a report on it.
steve bannon
Here's the report.
Think about what she said.
We'll deconstruct this later.
He has an activist base.
He wants everybody to participate.
The whole thing is local participation.
And it's everyone get involved.
They're understanding it's democracy.
It's not just them that get to get involved.
Part of democracy is things that you don't like.
I mean, it's ideas that you're not comfortable with, you don't like.
I know you don't like our populist ideas, but this is the thing about them.
You're getting a democracy suppository on November 8th, because we have built an army.
This army was built by activists, but they sit there and go, and then Mika moans.
Oh, you hear her moan?
Because it's not people from the Hamptons or the Upper East Side or from the awfully, awfully Steve Cortez.
steve cortes
You know, Steve, the condescension and aloofness that was evident there, I mean, it was just dripping with disdain, you're exactly right, for the democratic small d process in the United States.
Those people need to get out of New York newsrooms, they need to get away from the Acela corridor and find out what regular Americans, what everyday people are dealing with.
And right now, unfortunately, they're dealing with a heck of a lot Just as an aside, Steve, because I'm somebody who's worked for so many years in the cable news industry, I find it fascinating that they are so haughty about the supposed power of cable news, which is an industry which continues to lose power and relevance by the day.
The fact that they mock your show and say, oh, well, it's just a podcast.
Online shows are some of the most important shows in America today and rising in importance.
Things like War Room, shows like Joe Rogan.
It's telling, I think, unfortunately, that they are trapped in a legacy bias mindset, that they can't understand what is happening here.
And to your point, you're talking about empowering regular people.
You're not saying to usurp the democratic process.
You're saying to fully engage in the democratic process.
And that is something that simply can't be countenanced by the likes of Mika and Joe, because I think they're at least as dumb as they are, they're smart enough to know that if the deplorables fully engage, guess what?
We are a majority.
We're just not a majority in power yet.
We're not a majority in the ruling class and office holders, but we are a majority at the voter level.
steve bannon
I want them to keep doing what they're doing.
It's the ancient regime in France, what they call the Bourbons.
They didn't know anything, and they didn't forget anything.
That's what you got right there.
So good.
So good.
Short break.
Cortez is gonna hang.
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