Speaker | Time | Text |
---|---|---|
unidentified
|
Well the virus has now killed more than a hundred people in China and new cases have been confirmed around the world. | |
You don't want to frighten the American public. | ||
France and South Korea have also got evacuation plans. | ||
But you need to prepare for and assume. | ||
Broadly warning Americans to avoid all non-essential travel to China. | ||
This is going to be a real serious problem. | ||
France, Australia, Canada, the US, Singapore, Cambodia, Vietnam, the list goes on. | ||
Health officials are investigating more than 100 possible cases in the US. | ||
Germany, a man has contracted the virus. | ||
The epidemic is a demon and we cannot let this demon hide. | ||
Japan, where a bus driver contracted the virus. | ||
Coronavirus has killed more than 100 people there and infected more than 4,500. | ||
We have to prepare for the worst, always, because if you don't and the worst happens. | ||
unidentified
|
War Room. | |
Pandemic. | ||
Here's your host, Stephen K. Bannon. | ||
OK, the signal is in Savannah's reporting and Oscar Blue Ramirez's reporting from from Tijuana and Hurst from Texas. | ||
This is this is the invasion of our nation, and it's it's well thought through. | ||
It's well thought through. | ||
You just heard one of the whistleblowers from the company got a $136 million contract that transports them here. | ||
The United States government, or the United States government under the regime of Joe Biden, is an active partner with the cartels. | ||
The cartels get them into the United States, and then the Biden regime takes over from there. | ||
They're child trafficking, unaccompanied minors. | ||
When you hear that word, you ought to run for the hills. | ||
Unaccompanied minors. | ||
The U.S. | ||
government is part of the, they're just the North American branch of the cartel system. | ||
This is why you had Michael Yan and Bensman and Oscar Blue Ramirez down in Tapachula and South, down at the Darien Gap, when Mayorkas went down there with, what, the seven black Apache helicopters to work on the new superhighway, to cut out the Darien Gap, because it's too dangerous. | ||
This is not conspiracy theory. | ||
These are all facts we've laid out, and now you've got this reporting. | ||
It's shocking. | ||
You didn't see this under Donald Trump. | ||
Why do you think they're in Mar-a-Lago kicking down the doors with the Gestapo FBI to take his passport? | ||
He's got his passport, he's got binders of books. | ||
They're rummaging through Melania's wardrobe. | ||
They're taking the Roger Stone immunity paperwork. | ||
Why are they rifling through his desk? | ||
Why? | ||
Because they want to indict him. | ||
Because they understand he's the leader of the most powerful political movement In modern American history, I actually think in all of American history, and they need to thwart that. | ||
You hear morning journeys, people whining about, we need to cut taxes, we need a limited government. | ||
That's all fantasy. | ||
You're not going to do that. | ||
We're going to have Ed Dowd on here and Dave Brat, two heavyweights. | ||
Ed Dowd, one of the heaviest guys on Wall Street, a fund manager, used to be at BlackRock. | ||
We won't hold that against him, but they only hire the best, smart guys. | ||
Dave Brat, absolutely brilliant economist. | ||
They're going to talk to you about what the scam is. | ||
So they're all in on it. | ||
It's not a conspiracy. | ||
We walk you through facts. | ||
This is the signal. | ||
This is the first article of impeachment. | ||
Ain't going to be Hunter Biden. | ||
That's going to be close. | ||
Not going to be on the Fauci aspect of it. | ||
That's going to be close. | ||
And the vaccine. | ||
That's all going to be close. | ||
It's the invasion of the southern border. | ||
The invasion. | ||
These are these are not acts of omission. | ||
These are acts of commission. | ||
Have you heard Oscar Blue? | ||
Have you heard any of the governors in Baja California up there in Juarez? | ||
Have you heard of him say, hey, we're so glad that the Biden regime is helping us out here. | ||
We're so glad about the help and taking down the cartels. | ||
What they're doing is shoveling billions of dollars of your money, and they've foredeployed, remember, a brigade from the 101st Airborne into, what, Romania? | ||
They've got a brigade there. | ||
They've got 100,000 troops now up in the Baltic states and in Poland. | ||
They're putting a new army headquarters in Poland. | ||
Why? | ||
For NATO's expansion, the EU's expansion, and to focus on the Russian-speaking eastern border of Ukraine. | ||
We just withdrew after 20 years from Afghanistan in an absolute embarrassing debacle. | ||
We've turned that over to the CCP, but still there. | ||
They're all hot to try to get back into the Middle East and do all that. | ||
They want to protect everybody's border in the world, except the border that matters, the southern border of the United States of America. | ||
And now it's obvious. | ||
And you have a cartel war. | ||
As Oscar says, 11 souls were butchered in Juarez. | ||
Where is this? | ||
El Paso, Texas. | ||
We built a war there. | ||
Right there. | ||
The ones that the Border Patrol asked us. | ||
They said it was the biggest transit point from the cartels. | ||
Ben Burcom. | ||
That's how we met Real America's Voice. | ||
They came down and used to do all the time. | ||
I was shocked. | ||
And I'd been doing the border in the Rio Grande Valley for a long time at Breitbart. | ||
But I was actually shocked when I saw it in El Paso, Texas. | ||
This is a war. | ||
Mexico is going to descend into anarchy and chaos. | ||
You can see in these towns, that's where we have the reporting from Tapachula. | ||
We have Oscar Ramirez. | ||
The Mexican people don't have any money. | ||
They're sitting there and they have these armies, these caravans that are brought up by the NGOs and brought up by the osmotic pressure, as Michael Yan says, of the Biden regime to invade our country. | ||
To invade our country. | ||
I don't care if Willie Geist doesn't like that. | ||
I don't care if Mika is going to give me stink eye. | ||
So be it, right? | ||
We're going to stand on the side of the hard-working Hispanics in this nation. | ||
We're going to stand on the side of the hard-working African-Americans in this nation. | ||
We're going to stand with the hard-working MAGA in this nation. | ||
American citizens that you're putting this burning on and right now you're going to destroy every school system, every health department throughout the country because every town's a border town and every state's a border state. | ||
Why is it a big issue in New Hampshire? | ||
They get it. | ||
Right? | ||
Why is it a big issue when we talked to Joe Kenton Washington? | ||
They get it. | ||
Why is it a big issue when we had Harriet Hageman on in Wyoming last week? | ||
They get it. | ||
The people get it because the burdens put on them. | ||
And they're trying to break you. | ||
They're trying to break you. | ||
They're trying to break Trump. | ||
But most importantly, they want to break you. | ||
Let me go back to Savannah Postmillennial. | ||
Savannah, the reporting's amazing. | ||
Obviously, we need you on top of this story. | ||
Where does this go from here? | ||
Do you have other interviews you're going to be doing? | ||
This whistleblower is absolutely incredible because he works at the company that got the big government contract that's flying people into Scranton. | ||
Remember we had the guys at Scranton Airport? | ||
They're flying to Wilkes-Barre Airport in the middle of the night. | ||
Hey, if they were proud of this, they wouldn't be sending these folks in in the middle of the night. | ||
It's Governor Abbott, the son of the bus that shows up in the middle of the day. | ||
That ain't the Biden regime. | ||
The Biden regime's trying to hide the football. | ||
Savannah. | ||
unidentified
|
Exactly. | |
And my whistleblower says he's going to try to interview more migrant children to understand exactly what it is that they're going through. | ||
Because, of course, Democrats right now are trying to politicize this issue and say that, you know, Abbott is busing these migrants up to blue cities and sanctuary cities as a political ploy. | ||
But actually, this is not a right or left issue. | ||
This is an American issue. | ||
And you can look at the numbers just to reiterate, OK, just in this whistleblower's office alone, we are moving two to thousand, two to five thousand children per week, eight to ten thousand per month or per week across all offices. | ||
Hold it. | ||
It's their own parents in quotes. | ||
40,000 children per month. | ||
And what I want to point out as well with this number is that this whistleblower further explained to me that oftentimes these children will have to re-go through the system because the sponsors that pick them up or even their own parents decide they don't want them anymore. | ||
So they'll send them back into the system. | ||
So we're seeing these same children circulated time and time again. | ||
On top of that, it's their own parents in quotes. | ||
We have no earthy idea. | ||
These children are the most tragic victims of this. | ||
They're just pawns in this game. | ||
They're being trafficked and they're being trafficked by the government you pay taxes to. | ||
I want everybody in this audience to get furious. | ||
I want you mad. | ||
I want you angry. | ||
What's being done in your name, what's being done with your money, we're not stopping the cartels from trafficking them all up throughout the world. | ||
If you saw what we saw when we built that wall in El Paso, Texas, the debris and what was left there, you can't say it on a family show. | ||
It's so horrible. | ||
Do you think that trek they take from Central America to Mexico, do you think that's going to Disneyland? | ||
Well, it is not. | ||
And what do you think happens to them when they get over here? | ||
Like I said, parents turn their back. | ||
We have no earthly idea. | ||
These kids are being trafficked. | ||
Being trafficked under your name with your money. | ||
Savannah, how do people get to you on social media? | ||
We know you've got a lot more reporting. | ||
You're coming out with a post million. | ||
How do they follow you? | ||
unidentified
|
Yes, please go follow me on the Post Millennial. | |
I'm actually going to be writing a more in-depth article regarding this story. | ||
If people want more information, go check that out. | ||
Go follow me on Truth Social at Sav Says, Instagram at Sav with one N, and of course, YouTube, Sav Says, where you can watch the full report. | ||
Savannah, thank you very much for joining us. | ||
Say hi to all the folks at Post Millennial. | ||
Let me bring in Ben Burquam. | ||
You're in Cheyenne, Wyoming. | ||
Hageman told us, Harriet told us last week, it's one of the biggest issues. | ||
You can't get any farther north in our country than New Hampshire, Washington State, where Joe Kent told us in Washington III, and in Wyoming. | ||
But the folks up there get it. | ||
Every state's a border state. | ||
Every town's a border town. | ||
Ben, you were with us from the very beginning down there on the wall. | ||
Give us your assessment. | ||
You've done better reporting than ABC, CBS, NBC combined. | ||
Tell us your thoughts. | ||
Yeah, Savannah's right and I just actually interviewed one of the women that works at one of these unaccompanied minors programs that are basically child trafficking organizations. | ||
They are funded by our tax dollars. | ||
They're making hundreds of millions of dollars And Catholic Charities, one of the biggest ones that flows right through in Texas, and then they go out. | ||
But there's about seven different organizations, primary organizations, that then distribute these children around the country. | ||
And the worst part in this interview, and we'll be reposting that probably later today as well, is that President Trump, they had to do background checks on not just the so-called parents that were in the house, but the other people that lived in the house as well. | ||
Since Joe Biden took office, they're not even doing background checks on the parents anymore. | ||
This is child trafficking. | ||
Stop, stop, stop. | ||
Repeat that. | ||
I need you to repeat that. | ||
I want everybody in this audience to understand what we're dealing with. | ||
Here's the reality. | ||
No spin from MSNBC or CNN and we're the bad guys. | ||
We're the ones trying to save this show from the great Liz Yor who dedicated her life to this. | ||
Liz Yor, this is why Oprah hired her. | ||
Liz Schor is one of the most respected people in this country as a prosecutor. | ||
The Protection of Children, she just sent me, this country will be dealing with the catastrophic consequences of the illegal child trafficking crisis for generations to come. | ||
For generations to come. | ||
This is my point. | ||
What's being done now is that you're not going to wave some wand. | ||
Even Trump's return is only going to put a band-aid on it for right now. | ||
Even when we take over the House. | ||
I'm not trying to mislead you. | ||
They are doing things structurally that are going to take us financially, culturally, demographically, economically, militarily, culturally, education, that are going to take our shoulder to the wheel once we take power. | ||
Many, many, many years to unwind. | ||
Give me that one more time, Ben Burquam. | ||
Yeah, Steve, Democrats, what we see going on, it's a generational curse on our country, and it's going to take some time to unwind this, to get God back in and save this. | ||
But what I was told by this person, obviously had to remain anonymous as well, works in the unaccompanied minors program, dealing with these children every day. | ||
Under President Trump, they had to do background checks, not just on the supposed parents that live in the house that they're sending these children to, but on everyone else that lives in the house as well. | ||
Now they're not doing background checks on anyone, and they can't even ask who else lives in the house. | ||
This is child trafficking, and our federal government is the spearhead in it. | ||
They are doing the work of the cartels for them once these children get here. | ||
And the atrocities that are happening to these children, it's indescribable. | ||
Mind-blowing. | ||
Okay, Ben, we're going to come back to you in Wyoming in a little while. | ||
We're going to go back to Oscar in a little while. | ||
Thank you so much. | ||
Ben Berkman in Wyoming. | ||
Following the fall of the Cheney dynasty, I want to go to Dave Brat. | ||
Dave, we started off with Morning Joe and the whining, oh, you know, we want a party that cuts taxes and deregulates and has limited small government. | ||
What are you talking about, dude? | ||
That's such a fantasy. | ||
Show me the actions you're going to take. | ||
Brett, you've heard it all this morning. | ||
Give me your assessment politically. | ||
We're going to get to the economics with Ed Dowd in the next section. | ||
Give me your assessment of what you heard so far today, sir. | ||
Yeah, well, I think you were spot on. | ||
I mean, I was in the Freedom Caucus back, you know, 14 to 18. | ||
And Paul Ryan spent his whole life at Heritage Foundation, was the budget guru and all that. | ||
And we were voting on trillion dollar deficit budgets back then. | ||
And I voted no on the budget and I was punished. | ||
I wasn't allowed on any committees. | ||
I was given no money by the party, etc. | ||
And so it's what you say. | ||
If you actually do what the Republicans run on, you're kicked out of the party. | ||
And that's still the case, right? | ||
There's not going to be any big transformative changes unless the American people insist on it. | ||
And so you're right on this. | ||
You just look what's going on in the politics with the raids on Mar-a-Lago and all that kind of thing. | ||
And it's just complete administrative overreach. | ||
I'm going to get into the Fed a little later when we get on to that. | ||
It has completely overreached and the Fed as a political institution is of course insulated and given autonomy because they're supposed to be professionals. | ||
But hold it, it's not supposed to be a political organization. | ||
Of course it was set up to stop the politics of money that was in the entire 19th century. | ||
We're going to get Ed Dowd in Hawaii and Dave Brat and so for the next couple of segments we're going to go through Ed Dowd's got a theory of the case when it comes to the world economy I've got Dave Brett here. | ||
We're going to talk about the Fed, the money supply, all of it, that feeds the beast, the beast that must be taken apart, the Leviathan. | ||
The Leviathan that Joe Scarborough and all these controlled opposition Republicans ran on, oh, we're going to cut taxes and we're going to get back to limited government and we're going to get back to sound money. | ||
None of it happened. | ||
Well, they were the controlled opposition. | ||
As Dave Brat says, here's reality. | ||
When those voices stood up and said, we've got to vote against these trillion dollar deficit budgets, they were essentially kicked out. | ||
They weren't given any money. | ||
They weren't put on committees. | ||
They weren't given a voice. | ||
They weren't allowed to go on television. | ||
None of it. | ||
It's all phony. | ||
And our nation's in a crisis. | ||
And if you want to see the crisis, there's a failed state. | ||
There's a state that's about to auger into the hillside, as they say in naval air. | ||
That state is Mexico. | ||
And the shattering of that state, the failed state of Mexico, is going to have implications for a hundred years for this nation. | ||
Short break. | ||
Ed Dowd in Hawaii, next in The War Room. | ||
unidentified
|
War Room. | |
Pandemic. | ||
With Stephen K. Banham. | ||
The epidemic is a demon and we cannot let this demon hide. | ||
War Room. | ||
unidentified
|
Pandemic. | |
Here's your host, Stephen K. Bannon. | ||
MyPillow.com promo code war room. | ||
It's back to school, back to college. | ||
Of course, or kicking them out of the house. | ||
Would I say that? | ||
It's time to stand on their own two feet. | ||
But what you can do is go buy them a pillow and a blanket and a pair of slippers. | ||
It's time for this young generation. | ||
I'd love the younger generation, but don't keep them at home. | ||
Either send them to college or send them out on their own. | ||
And the way you do it, the way you say, Hey, we love you. | ||
Keep the soccer trophies in their room, but buy them a pillow for the road. | ||
Buy them a road pillow. | ||
Go to MyPillow.com. | ||
Promo Code War Room. | ||
You check it all out today. | ||
The back to school, back to college, and back to the real world. | ||
How's that? | ||
Just came with a new marketing hook. | ||
MyPillow.com. | ||
Promo Code War Room. | ||
Ed Dowd is a former portfolio manager at BlackRock. | ||
One of the smartest guys I know on the street. | ||
Has been at the cutting edge. | ||
Sure, no problem. | ||
of the of the mathematics and back of the death tolls the Vax everything like that but he also obviously understands geopolitics but most importantly the politics of money what money means in the system and his overview of the economy I follow him very closely on social media. Ed just give your theory of the case walk us through where you think the American economy is now and walk us through where you think the global economy is sir. Sure no problem uh one word stagflation and we're but on the precipice of a | ||
real economic decline uh The real economy is imploding. | ||
I know we've had a little stock market rally this summer. | ||
That's about to turn around in the next week or two, in my estimation. | ||
And into the fall, we're going to see collapsing demand and prices are going to remain stubbornly high. | ||
So even though commodity prices may have peaked, it's not going to translate into consumer prices. | ||
The stagflation is the bane of existence for central banks and politicians, and they know this, and that's why you're seeing all this crazy activity on the geopolitical scale. | ||
I think China is a big problem. | ||
China's collapsing. | ||
They hit a demographic wall in 2020, and we're seeing the devastating impact of that. | ||
They, for the last 12 years since the Great Financial Crisis, have built up internal debt, built Apartment complexes that no one occupies. | ||
So a lot of debt that's been put into unproductive assets that's coming home to roost. | ||
So they're in collapse as we speak. | ||
And as we go into collapse into the third, fourth, first and second quarter of next year, it's going to reverberate back to them. | ||
I suspect we're going to see them start to squawk more about Taiwan because internally they're going to have to create another, an enemy outside of China to rally the people around. So the landscape is very uncertain. It's very dire, and it's just going to get more insane as we roll through the rest of this year. | ||
hearing. | ||
Let me go back. | ||
Let me go back to your the real economy is imploding because, you know, Dave Bratz is a and Cortez and Navarro come in. | ||
They talk about these statistics that, you know, about whether it's repose or people late on mortgages or foreclosures, the tsunami foreclosures, you know, businesses can't pay the rent. | ||
As you see it, because every day we watch the business media now as closely as we watch MSNBC and CNN for the political news, and all we hear, all we see is pom-poms out. | ||
That there's this, you know, these job numbers are good and all the headline numbers are good and, you know, you got some earnings are good. | ||
So how can it be this disconnect between, and are you guys just Cassandras? | ||
Is the Cortez, Navarro, Dowd, Trennert, Bratt, Cabal, Are you just looking because you don't like the politics of Joe Biden and you don't like the politics of the regime? | ||
Or do you really believe that the underlying productive economy is something maybe even worse than stagflation, sir? | ||
Absolutely. | ||
I'm currently working with two gentlemen in Portugal. | ||
We're starting a new hedge fund. | ||
They're macroeconomic gentlemen, PhD physicists. | ||
They have what's called an economic cycle indicator that started rolling over in December of last year. | ||
It's gone negative the last three months, and it crossed over into accelerating territory in the month of July. | ||
They use real fundamental economic indicators. | ||
Building permits have rolled over. | ||
All sorts of things are going south. | ||
So even though the pom-poms are out, and we've had a little stock market rally since June, that doesn't mean anything. | ||
We're about to enter the meat of the recession. | ||
And when you say this, do you expect they're going to come back? | ||
Because the way they've always gotten out of this is twofold. | ||
Easy money. | ||
And Brad's going to come in for a second, talk about the Fed. | ||
But fiscal stimulus. | ||
They just had this orgy of spending. | ||
And remember, they didn't come after the carried interest. | ||
They waived off that. | ||
Right? | ||
They waved off really going after the wealthy. | ||
They've got the IRS agents. | ||
They're going to focus on really under $200,000. | ||
Couples making under $200,000. | ||
But do you see, I mean, to save themselves when they come back, if you're right, if you're correct, and you start seeing the continual collapse of the underlying productive economy numbers, they're going to have to do something. | ||
And what they're going to, do you believe they'll come back and look for another physical stimulus? | ||
And is that exactly the thing we don't need now? | ||
They'll try. | ||
It's not going to make a dent in what's already unfolding. | ||
So we're looking at the Fed. | ||
The Fed is probably going to pivot sometime in September, but it's too late. | ||
It doesn't matter. | ||
It's not going to save the day. | ||
In fact, let's see what they've done. | ||
They announced QT, which is quantitative tightening. | ||
They're supposed to be doing $49 million a month. | ||
It's been going on for three months, so that's about $120 billion they should have taken off the balance sheet. | ||
They've done less than $80. | ||
And that number is going to jump up to $90 billion a month in quantitative tightening. | ||
So, you know, are they going to do it? | ||
Probably not. | ||
But I don't think it's going to have an impact on the financial asset market. | ||
I think the financial asset market is going to head south. | ||
And the real underlying numbers and earnings numbers are going south as well. | ||
Because instead of inflation, prices will remain high, but demand will drop and margins will get squashed for corporate America. | ||
The report the other day out of China shocked. | ||
It didn't shock the war room. | ||
It didn't shock the China hands have been falling, but it shocked Wall Street. | ||
The Miss, both on the consumer side and their manufacturing side. | ||
Of course, we had the Empire analysis yesterday, I think the worst in 42 years, manufacturing analysis. | ||
The interlock nature of the Chinese, because they still haven't taken their supply chains back, is our slowdown going to drag them down more, or is the interlock nature of it, is their asset collapse in the real estate business, their debt burden in dollar denominated, I should say, this is the curse of the CCP right now. | ||
Their debt is dollar denominated debt. | ||
They're already in trouble, so we're going to suck them down. | ||
And that's, I think, going to trigger them to have to look externally to create an enemy, because the greatest fear of the CCP is their own people. | ||
And, you know, the zero COVID policy is nothing more, in my estimation, than cover for bank runs that are occurring all over China. | ||
So there's a serious problem there. | ||
It's collapsing. | ||
Anybody who talks about China being, you know, the economy that's going to overtake the US is smoking something. | ||
My friend Larry Fink is entering China at exactly the wrong time. | ||
He's likely top ticking any kind of investment there. | ||
China, in my estimation, is done for a long time. | ||
Ed, how do people, I know I follow you on social media, but I want to make sure people follow you on all your social media outlets, because you're putting up stuff, fascinating analysis all day long. | ||
How do people get to you on your site? | ||
How do they get to you on all social media platforms? | ||
My getter handle is at Edward Dodd, D-O-W-D. | ||
The site is being worked on, so hopefully that's up soon. | ||
And I've been blown off Twitter about two months ago for telling the truth. | ||
You got blown off Twitter for the death statistics and your things on the Vax, correct? | ||
Not your economic analysis, you got blown off there because of the amazing work you've done on the insurance companies, correct? | ||
I got blown off for basically quoting peer-reviewed studies and CDC data. | ||
We're going to have you back on for that. | ||
That shows you. | ||
By the way, the lawsuits that are eventually going to overtake Twitter are going to be amazing because Ed Dowd's another truth teller. | ||
All he does, he's quoting peer review, just putting up facts, just like Naomi Wolf, and next thing you know, they're gone. | ||
Are you permanently banned now on Twitter? | ||
Oh yeah, I'm done. | ||
I'm not coming back. | ||
Ed Dowd, thank you so much for joining us here on The Wormer. | ||
Appreciate it, brother. | ||
Doubt is as unique as one of these smart Wall Street guys. | ||
They'll sit there and tell you the truth, and that's not going to sit and just do the happy talk you're seeing on. | ||
You go to CNBC sites, you go to these sites, and all you see is constant cheerleading, the pom-poms out. | ||
Dave Brat, Ed Dale talked about the Fed. | ||
Is the Fed going to, by the way, the quantitative tightening is, I think, actually less than $80 billion. | ||
It was supposed to be, what, $150 billion by this time. | ||
That means, for folks who don't know, that means taking liquidity out of the market off this $9.5 trillion on the federal reserve. | ||
That's not including your $30 trillion, ladies and gentlemen. | ||
This is a whole different, as we call, side pocket, right, that the Fed just kind of came up with. | ||
Give us, we got a minute here, Brad, before we let you loose. | ||
Give us your headline assessment of what the Fed's going to, what they're doing right now, what are they going to try to do to save this regime and the administrative state? | ||
Well, the administrative state is linked to the Fed through modern monetary theory. | ||
And so when the Fed did quantitative easing, that was new. | ||
That's the end of banking, the old school, where you actually analyze risk. | ||
That's when the Fed started pumping money into the big banks, the big 20 banks. | ||
That was new because interest rates were at zero and the Fed didn't know what to do. | ||
So they just started sopping liquidity. | ||
Into the system, and then you get a series of errors because the commercial loans that were taken out were not good investments. | ||
Modern monetary theory is quantitative easing on steroids, and I'll just read the T's. | ||
What modern monetary theory wants is government should be directly involved continuously over the business cycle by putting in place structural macroeconomic programs that directly manage the labor force, pricing mechanisms and investment projects and constantly monitoring financial developments. | ||
The other day I said Marx wanted to take over the means of production and they knew they couldn't. | ||
They don't need to. | ||
That is an alternative economic system that I just mentioned. | ||
It's the opposite of the price system and it's fiscal policy as the new monetary policy. | ||
Hang on one second, we're taking a short break. | ||
Dave Bratz is going to be back. | ||
The most radical idea out of France since the French Revolution. | ||
unidentified
|
Like, modern monotony. | |
War Room. | ||
Pandemic. | ||
With Stephen K. Bannon. | ||
unidentified
|
The epidemic is a demon, and we cannot let this demon hide. | |
War Room. | ||
unidentified
|
Pandemic. | |
Here's your host, Stephen K. Bannon. | ||
You know, we had Liz Harrington on a while ago, the president's communication strategy. | ||
We've got Ben Berkwan up in Wyoming today for the race. | ||
And that's all about the kind of the administrative state police force, the police function, trying to shut down President Trump in this MAGA movement you're seeing in Alaska and Wyoming today. | ||
The MAGA movement raised its head and take down more dynasties of the old Republican Party. | ||
One of the unit party groups that got us into this mess in the first place, the controlled opposition. | ||
They're the ones I actually blame more than the than the radical Democrats, because the radical Democrats, as much as I disagree with them, they have a different view of this nation. | ||
I think it's deeply wrong, right? | ||
I think it's un-American, but I understand where I can see where they're coming from. | ||
The others, the controlled opposition Republican parties are just grifters. | ||
They just went along and made money. | ||
This is the whole thing of a Thucydides trap. | ||
Never in the history of a country have we ever had an elite that made more money in the decline of a nation. | ||
And we are in managed decline, and right now I think very close to freefall. | ||
Brought to you by the old Republican Party. | ||
They had every opportunity. | ||
They won more elections, took more of your money, all that, to stop this. | ||
And they did not. | ||
Right? | ||
They did not. | ||
That's why so many of the people in the MAGA movement detest the RINOs, detest the Republican establishment. | ||
We're going to have Dave Brat on here in a moment again to talk about this radical idea of modern monetary theory. | ||
These are the great forces that drive your life. | ||
The invasion of the southern border. | ||
What the Federal Reserve is doing to just print money that your children are going to be obligated for to fund the administrative state and to concentrate wealth With the wealthy, they have a funding mechanism called the Federal Reserve, and they also have a new radical theory, every bit as radical as things that came out of the French Revolution, called modern monetary theory. | ||
It's going to lead to, it has led to, unbelievable inflation, particularly as you go lower down the food chain. | ||
As you go lower down the economic classes, the inflation is destroying people. | ||
That's why Cortez brings out the repossession of cars on fire, back rent exploding, foreclosures and mortgages, people not making their mortgage payments all exploding. | ||
Small businesses, 51% aren't even making their rent payments now. | ||
All coming to roost as the productive economy, the real economy, continues to nosedive. | ||
I want to bring in Joe Reek from MyPatriotSupply. | ||
It's no better time, Joe, that I think people have to start thinking outside the box, and not just for emergency food supplies, for when the grid goes down, or for the traditional. | ||
Now it's actually an economic hedge. | ||
Walk us through MyPatriotSupply, what you guys are offering people right now to be a hedge against what is happening with their money, sir. | ||
unidentified
|
Well, Americans should take note, Steve. | |
Already, food banks are turning up empty shelves, and food prices are out of control. | ||
Both are ominous signs. | ||
American farmers, they're seeing increased costs across the board, from fertilizer, pesticides, to equipment repairs and seasonal labor. | ||
Diesel costs are through the roof. | ||
Glyphosate, the active ingredient in America's number one weed killer, is up 250% from last year, in part because of supply chain issues. | ||
According to Purdue University, Steve, 30% of farmers have struggled to get herbicides. | ||
27% of farmers struggle to get machinery parts. | ||
26% struggle to get fertilizers. | ||
17% struggle to get insecticides. | ||
Severe shortages will plague us over this next year. | ||
And I think people need to remember, Steve, that we're still, today, we're still living on last year's harvest. | ||
And so here at MyPatriotSupply, we prepared last spring and we knew these shortages were coming. | ||
Preparedness companies like us, we like to be prepared and not be sold out. | ||
So we purchased in bulk at the lowest possible pricing. | ||
And guess what? | ||
Right now we are running a sale right now with our lowest pricing since 2019. | ||
Right now we're offering a $250 savings on our three month emergency food kit. | ||
And this is the food kit that lasts for up to 25 years and has on an average 2000 calories per day. | ||
Every person, Steve, in America, needs to have one of these in storage for when the peanut butter hits the fan. | ||
Because it's coming, and people need to be prepared for that. | ||
And, you know, we've worked really hard here at MyPatriotSupply. | ||
This is our way of helping hard-working Americans get prepared for their families, because we know what's coming on the horizon. | ||
We know that shortages are going to happen, and now is the time to do it. | ||
Taking advantage of our $250 off of our three-month supply package, you're not going to see these prices ever again. | ||
And when people, when people contact you, they go to the website, when they call you, there'll be a operator there. | ||
They'll walk them through all the, all the details, all the information. | ||
So these people can start making rational decisions on their own. | ||
unidentified
|
Absolutely. | |
We have prepared a specialist standing by that can talk with you and your family. | ||
We can come up with a plan that best fits your guys's needs, save you some money with free shipping and get you the package that fits your guys's needs and wants. | ||
Because I'll tell you what, Steve, the time is running out and we've been, we've been barking on this. | ||
We've been barking up trees. | ||
We've been trying to tell people time and time again, it's coming. | ||
People got to pay attention. | ||
People have to see what's going on and they have to prepare now, right now, when food is available, because it's not going to be available in the future. | ||
What's the, what's the number they reach out to and the website? | ||
unidentified
|
They need to go to mypatriotsupply.com, but they can call us on 866-229-0927. | |
Again, that's 866-229-0927. | ||
If you can't get a hold of anybody, leave a message. | ||
We will give you a call back. | ||
We're here to help people. | ||
All we want to do is help. | ||
Help people get prepared because, Steve, the more people are prepared, the better off everybody is going to be. | ||
Take advantage of that $250 pricing off of our three-month supply kit, get free shipping, and let's get your families prepared. | ||
It's 866-229. | ||
What are the last four digits? | ||
unidentified
|
0-9-2-7, Steve. | |
0-9-2-7. | ||
Whenever you either call or go to the website right now, MyPatriotSupply, get to talk to one of the consultants there that can walk you through everything. | ||
Joe Reek, thank you very much for joining us today, brother. | ||
Appreciate it. | ||
unidentified
|
Stay safe, Steve. | |
Thanks, brother. | ||
You've got to load up on information right now, everywhere. | ||
Whether it's the Birchgold guys, you know, go to birchgold.com slash Bannon and get my report on the Federal Reserve, the first of a series I'm putting out. | ||
Let's go to Dave Brat. | ||
Dave, walk me through modern monetary theory and the specter that hangs over the American economy from our overlords, sir. | ||
Yeah, folks can go to Cato Institute, Cato Journal, Volume 39. | ||
I'm borrowing from some of a very nice simplified article. | ||
Let's just go back to that farmer we were just talking about 50 years ago when the world was sane. | ||
The farmer needed a loan for a new tractor. | ||
Some went to the banker. | ||
The banker analyzed the risk. | ||
Maybe they went to church together. | ||
There's a little trust involved in the old days, and you made a loan. | ||
Then the bank takes the money, loans it out, and money is created. | ||
And the most valuable piece of information there is the farmer has a business. | ||
There's a lot of information there. | ||
The farmer's already done his homework on the acres and seeds and all that, and he's made the analysis. | ||
I'm going to take out a loan. | ||
This is going to be a profitable venture. | ||
The banker agrees, gives him the loan. | ||
That's a big deal. | ||
Quantitative easing comes along. | ||
There's no business that asks for a loan anymore. | ||
The Federal Reserve System Just throws money out at the system because we already had a zero rate, zero Fed funds rate for a decade. | ||
So they can't go any lower on the interest rate. | ||
They need to slosh out more artificial money in the punch bowl. | ||
So they do quantitative easing. | ||
They just give money to the big banks, to the 20 big banks. | ||
There's no business proposition. | ||
They just hope there's a business proposition out there that can use this. | ||
Well, there's not. | ||
It's just like China. | ||
They've been throwing good money after bad and it's going to collapse. | ||
We're going to see that collapse coming up where good money went after bad. | ||
And then icing on the cake, modern monetary theory sees this, right? | ||
So the Fed aims at an interest rate target of two percent. | ||
Modern monetary theory comes along and says, you can spend as much money as you want, federal government. | ||
In fact, the federal government ought to be in charge of monetary policy. | ||
They ought to take over the Fed and they ought to control every aspect of the economy. | ||
So the Fed is no longer independent. | ||
It's part of politics and you can do infinite spending prioritized by the federal government, not by business. | ||
That is socialism slash communism, period. | ||
That's why AOC is totally in favor of this modern monetary theory. | ||
And so the Fed, it's very confusing. | ||
When you go out to look, it's like the dog that didn't bark. | ||
Why didn't the dog bark? | ||
Because the burglar was familiar. | ||
Well, the Federal Reserve System is also very familiar to us in some ways. | ||
But if you go out and try to Google what is the total amount of monetary stimulus out there right now, you can't find it, because it's divided up between 0% federal funds rate, easy money here, every terminology I've been, quantitative easing, forward guidance. | ||
The two hardest numbers to get? | ||
Is total spending on Medicaid, almost impossible to get a real number on that. | ||
And what they've done with the money supplied by the Federal Reserve, almost impossible to get a real number. | ||
One thing I want to go back to, here's the problem. | ||
Monetary theory is radical, right? | ||
Because as you see, you keep printing, you keep spending money. | ||
The problem is, We don't have an independent Fed. | ||
The Fed is owned by the 24 prime brokers. | ||
Those prime brokers deal with themselves. | ||
I mean the problem is that they take care of themselves and the devil catches the high most. | ||
We need a, and I'm with Ron Paul on this, we need To take apart the Federal Reserve, because right now, now you can't do the modern monetary theory, but you have to have a new restructuring of the Fed, and the banks can't own the Fed, and the bankers can't make decisions. | ||
If the bankers, if it turned out in practice, what the theory was that they would be the men with gravitas and understood, but all we are is in the boom and bust cycle that we were in the 19th century, and in fact, these booms and busts Make the ones in the 19th century look like nothing, look like a day of trading here. | ||
I mean, the scale of what they've done, the scale of what they've done, and the concentration of wealth that they bought for their own clients and themselves is outrageous. | ||
If people understood this, there would be a revolution in this country, from every political side of it, because people understand the reason you're working so hard and have essentially nothing to show for it, you know, been here for 12 or 13 generations, have nothing to show for it, Is the reason is that our money is controlled by these 24 prime brokers, these banks that work through this board of clowns and basically make decisions for themselves. | ||
Dave Brat. | ||
Yeah, Ed Dowd had it right. | ||
The new trick is there's no way out of this box, the stagflation box he painted. | ||
And the amount of stimulus, even though it's gigantic, still can't dwarf the bond markets, etc. | ||
And so really what we're dealing with here, and we have to get rid of the administrative state, which has also distorted the economy with every regulation to the point that you don't know what prices mean anymore, right? | ||
They own 20% of the healthcare system, 20% of the economy is the healthcare system, 10 or 20% of the economy is the environment, etc. | ||
And so none of that is also going through the local banker to see if it's really a good business proposition. | ||
So usually if it's a bad business proposition, there's a thing called bankruptcy. | ||
You lose, you fail, right? | ||
So the Fed has papered over all business failures. | ||
No one's failing because there's so much liquidity. | ||
And so what this really is about when it comes all down to it, it's really a cultural problem about whether we think our culture can maintain and sustain any pain, right? | ||
They're trying to bypass the pain of the business cycle, which goes up and down, and there's winners and losers, and we don't want any losers anymore. | ||
So they just pump money. | ||
But then the problem is, instead of having losses along the way and learning something from them, you have a cataclysmic, not recession, but depression facing us if we keep going down this road, because there are no folks with a backbone anymore. | ||
And so your prescription is exactly right. | ||
We have to get rid of that administrative state. | ||
Free markets used to mean something. | ||
Right now, for the War Room folks, free markets ought to mean getting rid of the administrative state. | ||
That's a new definition of free markets moving forward that will actually accomplish something. | ||
Dave, what is your handle on Getter? | ||
People can get to you because you're putting up analysis all day long. | ||
Yep, Brat Economics, and I'll post some of this information from today so you can review that. | ||
Perfect. | ||
Dave Brat from Liberty University, the Dean of Business down there, one of our contributors on the economy. | ||
Okay, short break. | ||
We're going to go back to Wyoming and Ben Burkham. | ||
We also have Mike Lindell about the summit coming up in Missouri this weekend. | ||
unidentified
|
Getter has arrived. | |
The new social media taking on big tech, protecting free speech, I'm cancelling cancel culture. | ||
Join the marketplace of ideas. | ||
The platform for independent thought has arrived. | ||
Superior technology. | ||
No more selling your personal data. | ||
No more censorship. | ||
No more cancel culture. | ||
Enough. | ||
Getter has arrived. | ||
It's time to say what you want, the way you want. | ||
Download now. | ||
Make sure you go to Getter. | ||
You know, we're putting up stuff all the time. | ||
Ben Harnwell's up there live. | ||
Steve Cortez is up there live. | ||
We put all of our programs up there. | ||
Plus, 24-7, I'm putting up analysis and observations on articles that I recommend everybody read. | ||
Let's go to Mike Lindell now. | ||
The summit is this weekend in Missouri. | ||
It's not open to the public. | ||
There are so many government officials, elected officials, people involved in the election integrity process that are coming. | ||
But it is going to be live-streamed. | ||
We need everybody to watch it. | ||
Mike, can you give us updates on the summit as we roll up to it? | ||
Well, I can give you a bunch of names, the ones that I can give you anyway. We've got Justice Michael Gabelman speaking, Jenna Ellis, Pat Colbeck, Dr. | ||
Doug Frank, Kurt Olson, attorney, Seth Kessel, Lance Walno, we have pastors, Pastor Kuhneman, myself, Doug Logan, Jeff O'Donnell, Professor David Clemens, politicians, current, Dr. Walter Doherty, and the list keeps going on and on. | ||
There'll be... | ||
And this doesn't even count on Saturday, which is called the State of the States Address, everybody, which is all 50 states in alphabetical order are going to get on that stage and say what their current footprint is, what their blocks have been, where their successes have been. | ||
And it's going to be very real, make it very real that these elections Not just the 2020, but all elections are, we've got to get rid of the machines. | ||
And we also on the morning, nine o'clock, you can't miss this. | ||
It starts at 9am on Saturday. | ||
We're going to have six speakers. | ||
It's going to be myself narrating it and, and hosting that is how we got here. | ||
How we got here. | ||
We're going to start on November 3rd and bring us all the way to present. | ||
And then we're going to have the Selection Code movie, The Night, free to the world, world premiere free. | ||
That's going to be live streamed. | ||
And then you get into Sunday and you have your Pastor Kunneman speaking in the morning with Lance Wallnau, opening prayers. | ||
And then we're going to have the trial of the machines, everybody. | ||
This will shock the world, I promise you, and it's going to change everything. | ||
On Sunday night, from 7 to 9, we'll have a call to action. | ||
And it's going to be what everybody can do, where we're at going forward, and how we're going to not only get rid of the machines, but get our country righted and back. | ||
Okay. | ||
People have been asking me, on the State of the States, you are going to talk about, you know, all the issues with machines and other things, but what people want to know, that also is focused on this 8 November 2022 we've got in front of us, because if we don't win this, We're done. | ||
And obviously a lot of people already have issues and problems and things are popping up all over. | ||
So part of it, I know the call to action on Sunday night is, hey, that's the overall call, but you're going to see on a state-by-state basis exactly. | ||
So if a person lives in Kansas, they can come into the Kansas part of it if that's what they're interested in, but they'll find out exactly where they're staying in Kansas and how we can thwart Any kind of skull drudgery between now and the 8th of November to make sure that these elections are as fair and open as we can possibly have them? | ||
That is 100% right, Steve. | ||
We're going to be proactive here, too, and it's going to show things you don't even know exist, the tools you have to be able to. | ||
You can't sit there and look at a machine and go, Well, I wonder what's happening inside there. | ||
Well, actually, we can now. | ||
We have the way to watch, and we're going to put them all on notice that we are watching, and the public's going to be very much being able to be proactive in guarding against these terrible | ||
Thefts of our elections one of the things we're showing too is Not only other countries that have been taken over with the machines and stuff But whether you don't get where you have selections and not elections But also all the money spent here on our in our country Spent on campaigns and stuff my own attorney in my up here in Minnesota in the house Doug Wardlow he ran for Attorney General and | ||
He put in 130,000 miles over the last four and a half years campaigning every nook and cranny of Minnesota just to have this taken in a primary. | ||
And this is disgusting what's going on in our country. | ||
And we're going to get, we're going to show every single state has its own footprint, its own unique footprint. | ||
And it's going to be very, uh, Very eye-opening and these are told by people, Steve, that have been involved that these are, maybe they were just workers and they've quit their jobs and they went all in on this and they're just citizens. | ||
Mike, how do people, how do people get, we gotta go back to Wyoming real quick before we punch, how do people get to this? | ||
What do they need to do right now to set themselves up that they can see this? | ||
Right now, go get the, go to the app store, get the Frank Speech app and get, it's right up there. | ||
It's on my, themomentoftruthsummit.com. | ||
You can get there that way too, themomentoftruthsummit.com. | ||
Get there, all the information is there. | ||
And you need to share this everywhere, everybody. | ||
There's those share buttons. | ||
Share it on Getter, Truth Social, Gab, CloudHub, Facebook, Twitter, share it out everywhere. | ||
We, the only way this fails is if people don't watch, Steve. | ||
Well, it won't fail. | ||
We're going to have updates at five and six o'clock tonight. | ||
We're back here. | ||
Mike Lindell. | ||
Thank you very much, brother. | ||
Appreciate it. | ||
The summit, the moment of truth this weekend, a gathering of eagles around voter integrity. | ||
Let me go back to Ben Burkhart. | ||
Ben, we got about a minute. | ||
Give us an update. | ||
We're gonna have you back to kick off the evening show. | ||
Give us an update on what where's Wyoming right now, sir. | ||
Well, the energy is high here. | ||
The turnout is huge, but by far from what I'm seeing, it's overwhelming for Hegman so far. | ||
I have had, just to give you an update though, to answer the question, I have had two Democrats admit that they changed their party affiliation just to vote for Cheney, but I'd say just a rough number of the exit polling I'm getting is at least 3-1 Hegman over Cheney so far. | ||
Yeah, I think that's the only way Cheney's even going to get up, put a number with a 2 in front of it, is to have Democrats flip over, which we know is irrelevant. | ||
Ben Berquam, between now and the time you're back on the show, you and Oscar, how do people get to you on social media? | ||
All day long, we're going to be reporting, americasvoice.news, download the app, America's Voice app, frontlineamerica.com, and then on social media, at benberquam. | ||
And make sure you stick around right after us. | ||
Charlie Kirk, the great Charlie Kirk, will be doing live updates also. | ||
Okay, we're going to be back here from 5 to 7 tonight. | ||
We're going to be in Mexico. | ||
We're going to be in Wyoming. | ||
We're going to try to track down some folks in Alaska, giving cell coverage for all over today and campaigning. | ||
Also, we're going to have General Bolduc on in New Hampshire, this blowout poll that shows the end of at least part of the Sununu dynasty. | ||
All of it today from 5 to 7, and we're going to have a lot of economics too. | ||
See you back here in the world. | ||
unidentified
|
Wait till they're all gone! | |
We rejoice when there's no more! |