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Conducted 389 investigations, including 35 cartel-linked investigations in 201 cities. | |
135 cartel-linked investigations in 201 cities. | ||
Over the course of these investigations, we seized over 10 million fake pills and 982 pounds of fentanyl powder across all 50 states. | ||
That comes after the new warning from the DEA that drug cartels are using so-called rainbow fentanyl pills that look like candy or sidewalk chalk to target young people. | ||
NBC News White House correspondent Monica Alba is here. | ||
Hey Monica, fill us in. | ||
Hey, Hallie, that's right. | ||
This is a major announcement, a huge sweeping effort from the Department of Justice working with the DEA. | ||
And we did learn in an exclusive interview yesterday with our own Kate Snow from the administrator there that there is particular concern over what is being called this rainbow fentanyl that some drug cartels are targeting young people with and calling it things like sweet tarts or Skittles because it looks like it could almost be that kind of candy when of course it is an incredibly deadly pill. | ||
So in order to try to get so many of these pills off of the streets, the Biden administration has been working specifically, it says, to target two Mexican drug cartels that use chemicals that come from China to try to really get them before they come to the point of perhaps being sold again to some young people. | ||
And we know even in the last couple of weeks and months that some middle schools have had to be called to investigate these fake colorful pills that have turned out to be fentanyl, again that have led to so many overdoses and deaths. | ||
This is something that the Biden administration has worked on over the last year and a half, but this announcement today from the Attorney General is the result of a lot of work in what you heard there, more than 200 cities to seize more of these deadly drugs. | ||
Hallie. | ||
Monica Alba, outside the White House. | ||
Thank you. | ||
Okay, they're finally trying to, because this thing's such a crisis. | ||
Do we have Todd Bensman up? | ||
Todd, I want to talk about this first. | ||
We got Jeff Rainworth. | ||
I also got Cortez up. | ||
More news in capital markets of the meltdown of the Biden regime and their created crises. | ||
Todd, this New York Times article, the New York Times article talks about this new asylum and how Biden's making small marginal changes, but these changes are going to help the situation. | ||
You've been the number one person talking because you come out of Texas DPS intelligence, talk about the cartels, the fentanyl flow, the human trafficking. | ||
And now this asylum thing is just a scam. | ||
It's a total scam. | ||
And the New York Times is promoting is, oh, Biden's really making these marginal changes to make it a better system. | ||
It's literally a bald-faced lie. | ||
What they're doing is just, they're becoming a processing center just to process more people that have no real right to asylum in this country. | ||
I hate to be so brutally frank about it, they're economic migrants. | ||
Uh, Todd Bensman, your thoughts on this? | ||
We're going to go to Jeff Reins, uh, fourth is down on the border right now. | ||
We're going to him in a second, but Todd, give us your, give us your assessment, particularly yesterday when Merrick Garland, they know this is such a huge issue because the polls show us they're down 36 points on border security, down 36 points on border security. | ||
They're down 23 points on crime. | ||
They're down 19 points on immigration. | ||
So what does it do? | ||
Merrick Garland, little tiny Merrick Garland, gets up there yesterday, that little whiny voice, that little teeny whiny voice, and starts talking about how they're breaking bad on cartels. | ||
Todd Bensman. | ||
Well the New York Times story points out a very obscure new regime scheme that the administration has put in for asylum seekers, in big air quotes, asylum seekers, Because almost everybody that comes to the border is an economic migrant, not an asylum seeker. | ||
But we all know that they use the American asylum system as the mechanism to just get in past Border Patrol and to stay in forever. | ||
Well, this new scheme that they've come up with is a rubber stamping machine that removes the asylum process from lawyers with ICE and immigration judges and just gives it to, you know, frontline USCIS officers who have five weeks of training, no judges, no lawyers that are representing the people in these cases. | ||
And they're rubber stamping these things through answering straight to political appointees in Washington. | ||
That's this new system. | ||
It's very disturbing. | ||
that they are implementing this system because it enables them, when they get 800, they plan to hire 800 asylum officers who will create this vast machine that will just rubber stamp, rubber stamp, rubber stamp everybody who comes in, instead of putting them through this adversarial court hearing process where there is a representative of the people | ||
Uh, in there, uh, you know, challenging the immigrant stories, uh, and who can appeal the final decision, uh, to let them in on asylum. | ||
Now it's just nothing. | ||
There's just like a political point. | ||
Here's the point. | ||
It's supposed to be an adversarial system. | ||
People just can't wander into this country. | ||
They're supposed to be able to make a case about coming to this country. | ||
They've put these guys in the front line just to process them in nonstop. | ||
You warned us about this, I think, eight months ago, nine months ago. | ||
I know it's in your book, but you warned us about this. | ||
And now the New York Times is making it out like, you know, this is really a smart, they're tiny changes, but they're really smart at what Biden's doing. | ||
Am I incorrect on that? | ||
That they're basically, Totally, because what they're reporting on is the first kind of pilot test program of this. | ||
They had about 100 immigrants that they ran through it. | ||
it. 25 24 of the 99 rather got an affirmative asylum pass through so they got asylum. There was and the rest of them instead of not getting asylum and getting deported, get to get in a five year long backlog to go to court the normal way. So 100%. | ||
Get to stay. | ||
Nobody gets- 100%, hang on. | ||
The five year to get to the court, you get an EBIT card, you get a food stamp card, you get benefits, the kids get education, you get total health care, you get better treatment than veterans. | ||
Am I incorrect in that, Todd Bensman? | ||
If you get the slightest toehold inside the United States with a three and a half to seven year long backlog to get your case to court, you're dropping kids, you're in school, you're becoming ensconced in society in a way that deportation officers are not going to deport you ever. | ||
So they're here forever. | ||
It's a 100% everybody gets to stay. | ||
The New York Times Incorrectly, falsely reported that those who don't get asylum under the new rubber stamp system will be swiftly deported. | ||
BS! | ||
None of them are ever going to be deported at all, let alone swiftly. | ||
These people are here for years and years and years, probably forever. | ||
I don't see any of these people getting deported. | ||
And this is going to be in the millions, correct, sir? | ||
Well, there is litigation. | ||
It's slow moving. | ||
I don't know why there has not been an injunction against this. | ||
It's patently illegal. | ||
It goes completely against statutory language that tells DHS how they're supposed to proceed with asylum cases of adjudication. | ||
And granted, it's backlogged, but it's backlogged because we're not deterring them and deporting them at the border. | ||
So everybody gets in. | ||
Everybody gets in and they get in line. | ||
It's a seven-year wait, five-year wait. | ||
And they lay down roots. | ||
Hang on one second. | ||
Just hold with me. | ||
I'm going to go to Rainford in a second, but I've got to bring in Cortez because I know Cortez's head is blowing up. | ||
Steve, your assessment of this, before I get to the fentanyl, but your assessment of just this asylum scam, and particularly the New York Times is praising Biden's making such a smart, tiny change on the border, tiny change, but it's quite smart to help us. | ||
Steve Cortez. | ||
Steve, it is absolutely a scam of the 4.9 million illegal migrants who have come into the United States. | ||
One million of them right now reside in the United States as supposedly legitimate asylum seekers, when we know that, in fact, they are overwhelmingly economic migrants. | ||
I wrote an article about exactly this topic three weeks ago, because the New York Times profiled these one million folks, and profiled them, of course, in the most laudatory manner, as if this were some generosity from the United States. | ||
Granted, and mind you, while American citizens are suffering and anxious just about paying their bills, let me quote Barack Obama, okay? | ||
Not something that I do very often, quote him in the affirmative. | ||
Let me quote Barack Obama. | ||
I put this in my article that's on my sub stack from three weeks ago. | ||
Here's what he said. | ||
Refugee status, this is Barack Obama, refugee status is not granted just based on economic need or because a family lives in a bad neighborhood or poverty. | ||
It's typically defined fairly narrowly. | ||
The state, for example, that has targeted political activists and they need to get out of a country for fear of prosecution or death. | ||
Okay, Barack Obama had it right. | ||
And he made those statements, by the way, when he was speaking to the leaders of Central American countries, trying to dissuade them from allowing their people to come here under the ruse of asylum. | ||
Barack Obama is exactly correct. | ||
Coming from a bad neighborhood, coming from a dangerous neighborhood, coming from a lack of economic opportunity, none of that qualifies you for asylum. | ||
Asylum is for somebody, the pastor of a house church, who is fleeing the CCP or is going to face lifelong imprisonment or death. | ||
That's legitimate asylum. | ||
Steve, here's the thing. | ||
Because the system has now been so totally exploited and abused, and the generosity of the American people has been so abused, Both by these would-be asylum seekers, as well as by leftist Americans and the NGOs who are encouraging them. | ||
Here's what I think has to happen, Steve, and what I want to see candidates promise once they are elected to the Congress and we take over Congress starting in January of next year, is we need to thoroughly close the border. | ||
When I say close the border, I don't mean just keeping out the illegals. | ||
That has to be the bare minimum. | ||
I think we also need a cessation, a temporary pause, a moratorium on even legal immigration, including Asylum seekers. | ||
The system is far too broken right now to allow this kind of continued abuse. | ||
We have to suspend any asylum seeking right now until we can pass laws that will appropriately identify people who truly need asylum, which is by definition a very small group of people. | ||
Until we have those kinds of laws in place, we simply cannot allow this wholesale breaking and entering into the United States of people who I profile in my article, Steve, Portland, Maine, which again, the New York Times is trying to hold up as some exemplar. | ||
Portland, Maine, a city of 66,000 people, has been inundated with hundreds and hundreds of these bogus asylum seekers who are economic migrants. | ||
We taxpayers are paying to house and feed them. | ||
Their children are going to public schools in Portland, Maine, a city of only 66,000 people. | ||
It has spent $40 million on these illegal migrants in just the last year and a half. | ||
That's outrageous and it cannot continue. | ||
Let me, and I'll get to Rainford in a second about the fentanyl and the cartels control, but let me go back to Bensman, and Cortez, hang with me. | ||
Why, there's a whole system of treaties and these things, why are we even in this? | ||
We pulled out of TPP. | ||
We pulled out of the Paris Accord. | ||
What are we even doing? | ||
This is kind of a global scam, right? | ||
What is the system that's actually that previous administrations have agreed to? | ||
What do we need actually to just kind of pull ourselves out of it until we can think this thing through? | ||
Because they're gaming the system. | ||
This is what it is. | ||
It's gaming the system. | ||
Todd Bensman. | ||
Well, we in 1968, LBJ obliged us to an international treaty called the United Nations Convention related to the status of refugees treaty. | ||
And then out of that in 1980, we passed a law called the Refugee Act of 1980. | ||
And that is what cocoons our current asylum system. | ||
For starters, we need to pull out of the treaty. | ||
And then what Steve said, I couldn't agree more. | ||
There needs to be a pause, a secession of of the asylum law completely. | ||
No more asylum at all until we can figure out how to rebuild it in a way where it doesn't get massively abused by economic migrants. | ||
LBJ did not envision this. | ||
Initially, Truman tried to, you know, he wouldn't sign it when it first came out in the late 40s because He felt like it gave up U.S. | ||
sovereignty to these foreign, these European powers about who we're going to let into our country. | ||
Hold it, hold it. | ||
Wait, wait for it. | ||
A Democratic president, old school, back in the 40s would not sign up because it gave up our sovereignty. | ||
That's right. | ||
Is that sound like something that resonates from Italy to the United States today? | ||
It's about your sovereignty. | ||
Look, are there legitimate asylum seekers throughout the world? | ||
Absolutely. | ||
The Chinese Communist Party in mainland China, we fight for this all the time. | ||
But the system has been so scammed by the globalists that have nefarious, you know, outcomes in mind. | ||
That that's why you need a cessation right now. | ||
You've got to get control. | ||
I could not agree with Cortez more. | ||
And it's tough to say. | ||
But this thing right now is going to break the backs of the working class in this country. | ||
It's going to break the backs of them. | ||
Steve, hang on. | ||
We're going to get into more of this. | ||
I know we got Capital Markets. | ||
I got Rainforth on the board about the cartels and the fentanyl. | ||
And by the way, the Daily Mail's got an incredible story up there. | ||
And Captain Bannon has put it up on her getter about the rainbow color opioids and fentanyl to get to your kids. | ||
Remember, this is the second opium war. | ||
The CCP is doing this to kill you. | ||
To kill you. | ||
This has been weaponized. | ||
Short commercial break. | ||
Bensman, Cortez, Rainforth, all next in The War Room. | ||
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War Room. | |
Pandemic. | ||
With Stephen K. Bannon. | ||
The epidemic is a demon, and we cannot let this demon hide. | ||
War Room. | ||
Pandemic. | ||
Here's your host, Stephen K. Bannon. | ||
Okay, welcome back. | ||
I want to go to Jeff Rainforth. | ||
He's an investigative reporter. | ||
He's been up and down the border. | ||
He's done some of the best border coverage around. | ||
He's just been in Yuma with insane footage, nighttime footage. | ||
He's down at our wall in El Paso, Texas. | ||
The Border Patrol actually came to us and said, hey, if you've got to build something, we need something built here to stop the cartels. | ||
This is outside a mountain right between Juarez and El Paso. | ||
Jeff, you've done as good a job of chronicling this as possible. | ||
Garland just stood up and said, oh, we've had all these raids and we're stopping all this and we're doing it. | ||
Give our audience an assessment of the cartels and their control of the southern border, and particularly in the in the area of human trafficking, sex trafficking, child trafficking, and particularly the weapon that is called fentanyl, sir. | ||
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Well, we've known for a long time that the cartels absolutely control the Mexican side of the border. | |
Almost 100%. | ||
And what they don't control, they pay off, easily pay off government officials in Mexico itself. | ||
That is happening more and more here on the U.S. | ||
side. | ||
I talked to a police officer with a certain department and who said just a few years ago that the cartels own half of the businesses in El Paso. | ||
And so and that was two years ago when we were building this wall that you see behind me. | ||
And the cartels are, they're massive, they're growing, and they're using China. | ||
China's propping them up with fentanyl. | ||
So the cartels are going to continue encroaching because the Biden administration is allowing them to come in and do business here. | ||
And it's going to get worse. | ||
The fentanyl The situation is going to get worse because our government is allowing them to come in and it's gonna be just like Mexico. | ||
Look, you've been up and down this border. | ||
You were with us back when this war was built, but you were there before. | ||
You've been up and down since then. | ||
Is it look like, given the fact that there's more trafficking than ever, there's more people coming across than ever. | ||
Do you see a bigger show of force by the United States authorities today or years ago? | ||
I mean, do you really see any besides processing people? | ||
Do you see any real interdiction, sir? | ||
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No, not whatsoever. | |
The only time you see interdiction is when you have the people who want to get away, who don't want to be found. | ||
These are like the rapists, the murderers, the sex traffickers, the drug traffickers, the hardcore ones. | ||
Those are the ones where you see interdiction. | ||
Everybody else, no. | ||
Like you said, it's processing. | ||
The Biden administration is just allowing everybody to be processed in and the cartels are They took all their money to get here, and so they have many more people. | ||
Once those people are all in the United States, the cartels have people in those groups to do their bidding in the United States. | ||
They have an army of people to do whatever they want, from drug trafficking to money laundering, anything. | ||
Hang on for a second, Jeff. | ||
We'll come back to you in a second. | ||
Let me get Bensman and Cortez. | ||
Cortez, is this one of the reasons your beloved Chicago is out of control? | ||
Remember the public enemy number one, I think for a couple of years ago, the Chicago Crime Commission announced, it was just a few years ago, announced that public enemy number one, and the last one they had named was Al Capone back in, I think, the 30s, was a cartel guy living in the mountains No, it absolutely is. | ||
And, you know, Steve, aside from the human tragedy, which is the most significant and terrible aspect of these open borders, let's talk about the transfer of wealth to these cartels. | ||
This is a transfer of wealth that is absolutely unseen in American history in terms of criminal organizations. | ||
And you're right, the only apt comparison at all, perhaps, would be the prohibition transfer of wealth to those criminal gangs. | ||
But in that case, at least it was primarily within the United States. | ||
We're talking about Mexican cartels. | ||
And just so there's no confusion over this matter, these Mexican cartels operate in a manner that would make ISIS almost look reasonable in terms of the scale of violence that they are willing to use. | ||
So not only are we jeopardizing the prosperity and security of the American people, Steve, But we are also massively making massively wealthy some of the most dangerous and brutal organizations on earth and risking potentially the destabilization of Mexico itself. | ||
And think of that calamity. | ||
on our southern border. | ||
If we play this out, if this trend continues several years from now, it's not inconceivable at all that Mexico itself could become a failed state, that it could truly become a narco state. | ||
Joe Biden is doing that, and it's not through happenstance. | ||
He is doing it volitionally. | ||
He has decided to open the border, and in doing so, has given the cartels absolute revenue streams that it never could have imagined before, making them all the bolder, all the richer, all the more powerful. | ||
Benzeman, he says, Steve is saying, hey, it's on the verge of becoming a failed narco state. | ||
Abbott's just declared, I think, the cartel is a terrorist organization. | ||
The Biden administration coddles them. | ||
Is Mexico a failed narco state today, in your mind? | ||
And is this thing so out of control that we need immediate interdiction instead of worrying about what we're doing in Afghanistan or Iraq, or on the Russian speaking, you know, we just, the CR, it's another $12 billion to Ukraine. | ||
It's another $3 billion to process Afghan refugees, which Steve Cortez has warned from day one. | ||
We have no earthy idea who these folks are. | ||
So should we be doing a direct paramilitary intervention, interdiction of the cartels now on the southern border of the United States? | ||
And is Mexico a real partner or are they already a failed narco state, sir? | ||
Well, first of all, something very significant has happened with Mexico in the last 18 months. | ||
And it's the wealth transfer that Steve was talking about is really vast, because they went into the human smuggling business, and that now, according to pretty credible reports, is now making more money for a couple of the cartels than drug trafficking. | ||
It's somewhere on the order of about $500 million a year in 2018, in those years, and now the estimates are as high as $13 billion. | ||
in human smuggling money going to the cartels. Well, what they do with that is they buy weapons. | ||
They buy armament. And I mean, not just like ARs from the gun store in Texas. They're buying, you know, belt fed, 30 caliber, fully automatic machine guns, 50 caliber sniper rifles. | ||
They're building tanks. And they're recruiting fighters. | ||
And so these paramilitary organizations have increased their military power. | ||
We're going to find out about this soon. | ||
And when that happens, then they dictate to Mexico City what's going to happen and what's not going to happen. | ||
Recently, we had one of those cartels tell Obrador Look, if you don't do what we want here, I will bring my paramilitary to Mexico City. | ||
See if you like that. | ||
And he caved on that issue. | ||
I wouldn't be surprised if we started to see some of those paramilitaries actually show up in Mexico City. | ||
By the way, just where Jeff Rainford is there, right where he built the wall right there in El Paso, Texas, looking over to Juarez, which used to be a very kind of cool border town where people used to go over and gamble and do the things you do in a border community. | ||
Now, didn't they kill 11 civilians? | ||
The cartels butchered 11 civilians, kind of out in the open, and sent a message to the Mexican authorities, we're in charge and you're not. | ||
This is a true crisis. | ||
This is a border that we've got to be thinking about. | ||
Not the eastern border of Ukraine. | ||
Let Europe figure that out. | ||
Let the Ukrainians and the Russians, with the EU and those guys, let them figure it out. | ||
Let the Pope get involved in that one. | ||
Let them figure that out. | ||
Okay? | ||
We have a border here that is under control by a massive paramilitary group that's in league with our existential threat enemy, the Chinese Communist Party. | ||
The fentanyl is not a drug. | ||
It's a weapon. | ||
They've weaponized it to kill basically upon use. | ||
And now they've color-coded it. | ||
Mo's got this story from the Daily Mail up. | ||
It looks like, I don't know, it looks like sweet tarts or whatever it is for kids. | ||
This is a crisis. | ||
And it's massive, and it's only getting worse. | ||
And we sit here, if we can't do this, we're not a country. | ||
We're just not. | ||
If our authorities, and I don't want to hear the talk about we've got to go try, no, you've got to build a wall, and you've got to put people down there to enforce it. | ||
Step one. | ||
Step one. | ||
And then you have to have interdiction, paramilitary interdiction. | ||
Todd Benson. | ||
Well, I didn't get to your other question, which is a really important question. | ||
What can we do kinetically? | ||
I think that we have arrived at a time when we need to open the public discussion about whether we should be behaving with Mexico, toward Mexico, in the way that we were with the Colombian government, central government toward FARC, back in the 90s and 2000s, where we did go kinetic on cocaine labs in the jungle. | ||
Fentanyl is produced in labs in Mexico. | ||
We know where they are. | ||
We can pinpoint them by satellite and drone, and everybody knows where these are. | ||
And it may be time to start contemplating military action against those labs. | ||
I don't know why we're not talking about this. | ||
We've done it before. | ||
There's lots of precedent for this. | ||
The American people, Cortez, I gotta bend a minute here. | ||
The American people support us on this. | ||
Look at the statistics. | ||
If you have bold enough to put it in front of them, they will have your back. | ||
They want it to stop. | ||
Every town in this country is being destroyed. | ||
The working class in this country is being eviscerated by this. | ||
The Chinese Communist Party is smart. | ||
This is a reverse opium war. | ||
This is kind of what the British did to them. | ||
They're not dumb, they're smart, and they got a dangerous, powerful partner in the cartel, Steve Cortez. | ||
A rule? | ||
Of course, I am opposed to foreign adventurism and intervention. | ||
But in this case, I think it makes perfect sense. | ||
And by the way, it is next door, which makes all the difference in the world. | ||
It's not halfway across the world looking for a conflict in the Black Sea where we can involve ourselves and escalate. | ||
This is crucial to the American people. | ||
You know, if I can connect this to some of the recent political headlines, the left is apoplectic at the revelations from this Haberman book, if they're to be believed, that Trump was considering bombing some of the cartel operations in Mexico. | ||
And again, I have no idea if that's true or not, but if it was, I say, good for him. | ||
He absolutely should have been considering it. | ||
Perhaps he should have done it. | ||
It would have been a good move and it might well be in the future. | ||
So, the thing that made them pull their hair out to me said, huh, Pretty sensible. | ||
Yeah. | ||
Okay, short break. | ||
Benjamin Cortez, uh, Rainforth. | ||
All next, War Room. | ||
unidentified
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War Room. | |
Pandemic. | ||
With Stephen K. Bannon. | ||
unidentified
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The epidemic is a demon, and we cannot let this demon hide. | |
War Room. | ||
Pandemic. | ||
Here's your host, Stephen K. Bannon. | ||
Okay, let me go back to Benzman. | ||
Benzman, I can't for the life of me figure out why your book is not out now, but I know there are greater minds than mine in the publishing industry. | ||
How do people get your book? | ||
Look at that cover, Overrun, and that says it all from the great Todd Benzman. | ||
He's been, as you know, he's been with us for the last couple of years and he's been talking about this all the time. | ||
It's now a book forum and you got to get it. | ||
Todd, how do people also get, your reporting is fantastic. | ||
How do people get to all your content? | ||
Where do they go? | ||
So you can go to ToddBensman.com for the book. | ||
To pre-order the book, send a message to Post Hill Press that they should put this thing out during the election campaign, which is my preference. | ||
But as it is right now, it's scheduled to go for the new Congress. | ||
And you can pre-order that at ToddBensman.com. | ||
And you can see all my writings at CIS.org or ToddBensman.com. | ||
And I'm on Getter. | ||
T. Binsman at Getter. | ||
I just want to make sure the audience knows that you're at the cutting edge, because in this new Congress, you're going to see guys like Bensman and Mike Davis and Steve Cortez all the time, not just testifying, but also talking about what needs to be focused on. | ||
Cortez told us a year ago, a year and a half ago, it's the two I's, inflation and immigration. | ||
If people just run on that, we're going to win 100 seats, because it's outrageous. | ||
The creative crisis that is destroying this nation and destroying the working class that are the underpinnings of this nation is absolutely outrageous. | ||
It's never happened before in the history of the country. | ||
Never. | ||
And we are going to stop it, right? | ||
We've sworn to do that. | ||
Bensman, you're a good man. | ||
Thank you so much for all the, everything you've done. | ||
Thank you. | ||
We'll have Todd back on, obviously. | ||
All that we could have him every day. | ||
So it's incredible what's going on. | ||
We're going to get to Rainforth in a minute. | ||
I was supposed to try and get Naomi on to Joanne. | ||
Like we got so much to go through. | ||
Mike Davis is going to be with us at five o'clock tonight to talk about looking a little bit over the hill. | ||
Supreme court comes back next week. | ||
Think Tuesday's the first day. | ||
And there's a jam schedule and a lot of it is taking down the administrative state and devolving powers back to the state legislature. | ||
So we're going to go through that with the great Mike Davis this afternoon. | ||
Probably have Naomi. | ||
This story with the vaccines and the mother's milk and all this is absolutely insane. | ||
And it's just incredible what went on. | ||
And now every day you're seeing more information about it. | ||
And Naomi Wolf and I'm glad to say 3,500 volunteers from the War Room Posse under Amy Kelly over at Daily Clout have pulled it together. | ||
Cortez, we've got so much to go through about finance and economics and everything. | ||
What I'd like to do is play a clip from this morning's CNBC coupled with your brilliant Chalk Talk up on Getter. | ||
Let's go ahead and do it. | ||
unidentified
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Guys, it's really good to have you here because we are watching the news this morning trying to figure out what to make of it. | |
From the Bank of England figuring out what's happening, not just in bond prices, but in the futures markets. | ||
Jim, you got any explanations? | ||
It's a radical movement. | ||
I mean, if you watched Frank Holland this morning, at around 5.05 it did feel crash. | ||
You had a feeling that it was pretty much the end of the NASDAQ, which had been the only one here that's been holding up, and that was before the Bank of England, I would say, panicked. | ||
I won't say that they had a considered thought about what to do, but the interesting thing is the reaction of the two-year. | ||
And the two-year, David, said basically that the Fed Has completed. | ||
And I'm not so sure that's an accurate depiction. | ||
It certainly wouldn't seem to be what Jerome Powell's been indicating or many others. | ||
But as you said many times, and you guys report on this as well during your show, the two years seems to be dictating where we go on the market right now. | ||
Right. | ||
And I think people were surprised because it's been on the move. | ||
Four and a half. | ||
People expecting five. | ||
Mortgage rates continue to go higher. | ||
And maybe there is a maybe a crescendo moment where people say the Fed is cognizant that they could destroy the economy and that maybe that's not their goal. | ||
Patriots, more terrible interest rate news for the first time in over a decade. | ||
10-year Treasury yield hits 4% overnight. | ||
And perhaps even worse for most Americans, 30-year fixed mortgage rates hit 7% for the first time since the year 2000. | ||
Now, what does that mean in dollar terms? | ||
For a half million dollar home, if you can put 20% down at the beginning of this year, your monthly mortgage payment was just over $2,100 at the beginning of this year, 2022. | ||
What's it right now, given these rates? | ||
this year 2022. What's it right now given these rates? It's now over $3,000 per month, a rise of 43% in just nine months. What's just as troubling as the additional cost though is the pace of What I mean by that is, if you look at 30-year mortgage rates, to go from 5% to 6% recently, that took five months. | ||
To go from 6% to 7%, it took only two weeks. | ||
The point here, folks, is that the economy is deteriorating at an increasing pace, putting all the more onus on us to take action November 8th. | ||
By the way, Jim Cramer, this guy, knows how to do calculus. | ||
I mean, what are they surprised about the two year and the 10 year? | ||
What are you talking about? | ||
Oh, everybody's caught by surprise. | ||
You must not be watching the War Room, bro. | ||
And it's your thing. | ||
It's the pace of change. | ||
It's the rate of change is the thing. | ||
By the way, if you're under 30 years old, the difference, remember, you've had 18 straight months of real wages dropping, OK, making it harder for you to make those payments because your inflation's eating you alive on everything else from energy to your car payment to food to everything. | ||
At the same time, it's going to go up. | ||
This is why you're going to see a housing crash, Steve Cortez. | ||
Steve, listen, you're exactly right that people are taking it from all sides. | ||
You're in an absolute economic vice right now because of this created crisis. | ||
Created primarily by the Biden regime with help from his acolytes on Capitol Hill, but also a lot of complicity in the Fed, which was derelict in its duty for a very long time and is now finally doing what it needs to do. | ||
But here's the thing, a couple points. | ||
First, regarding Jim Cramer, somebody who used to say pretty smart things on the air. | ||
There was a day when I think he had some smart insights and he was certainly entertaining about it. | ||
Well, he is neither any longer. | ||
He is consumed by narrative, and if anything, the only reason to listen to him is to fade him, to do the exact opposite of whatever he says. | ||
So yes, for the day today, and look, I'm glad that markets are getting a bit of a breather, okay? | ||
People need it, and their accounts need it. | ||
But it's getting a breather because the Bank of England stepped in with some incredibly unusual antics, and I'll call them antics because that's all they really are, to try to temporarily prop up the market. | ||
But even that intervention, Steve, I think points to the systemic flaws, and here's what I mean by that. | ||
The Bank of England, with relatively little money put to work to purchase bonds, they were able to move British bonds like crazy. | ||
Why? | ||
Because there's no liquidity in the market. | ||
In other words, there's no depth to financial markets right now, because financial markets are so disorderly, and because even the smartest people in the world, the biggest money managers on earth, can't figure out Where this economy is headed. | ||
It's like I talked about yesterday with FedEx and Ford, can't figure out where their businesses are. | ||
Same thing with hedge fund managers, with asset managers, with pension fund managers. | ||
There is no liquidity in the market. | ||
That's a dangerous situation, Steve. | ||
So yes, the bank of England was able to move things for a day. | ||
Hang on, hang on. | ||
It bailed it out today because I want people to understand these central banks, it's your money. | ||
unidentified
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Sure. | |
These things they're spending is your obligations that you're going to have to make good. | ||
Right. | ||
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The Fed's got $9.5 trillion on its balance sheet. | |
Indeed. | ||
That's all you. | ||
And that went to prop up the wealthy. | ||
And you have this concentration of wealth. | ||
That was you that did it. | ||
I know they didn't ask you, but that's you. | ||
The bank of England today was a step in because the Tories did this insane, unfunded tax cut that's kind of theoretical when they got overspending, they haven't unleashed their energy, they got all these structural problems they haven't addressed. | ||
They just want to give a tax cut, not funded, and there's nobody to pay for it. | ||
Their financing costs, and this is the thing, the financing costs in this country is going to eat up all the available money. | ||
All this fantasy, they're talking about the 12 billion to Ukraine and the 3 billion for the Afghans and this billion and we're going to give 10 billion here, 10 billion here. | ||
That whole nonsense is going to stop because the interest payments of this is going to wipe it all out and you're going to hear it here first. | ||
When you're sitting there and guy's face is saying, how did you do this? | ||
Why did you do it? | ||
You were warned. | ||
If you're under 35 and you vote for a Democrat, you deserve everything you got coming to you. | ||
You deserve it. | ||
If you back them, you deserve it. | ||
Cortez. | ||
And get into a couple things here. | ||
First, regarding Kramer, let's just say for a second that he's actually right for once. | ||
I guess eventually he'll be right about something one of these days. | ||
Let's say he's right that the Fed is done, and I think he's dead wrong, but let's say he's right. | ||
You know what will happen with inflation if the Fed stops hiking right now? | ||
I mean, right now, the have-to basket, as I call it, of gasoline, groceries, and utilities, according to the latest CPI report out just a couple of weeks ago, are rising at a 24% rate, not the 8% rate that overall CPI is rising at. | ||
24% for the half two items of life that are not discretionary. | ||
If the Fed were to stop right now and just say, okay, inflation is fine, Steve, that's going to go to 50% and we have riots in the streets, okay? | ||
That's the reality if he happens to be right. | ||
He's not right. | ||
The Fed is going to continue to do what it needs to do now, what it failed to do earlier. | ||
But to your point about young people, or really anybody who's aspirational, right? | ||
Somebody who wants to get married, who wants to have children, who wants to buy a home, What I showed there in that Chalk Talk just this year, Steve, just in the last nine months, for a half-million-dollar home, which in most parts of the country is not at all an extravagant place, okay, that's just a bit over the national median. | ||
For a half-million-dollar home, your cost has gone this year, your monthly payment, and that's if you have $100,000 to put down, by the way, which very few people do, given what's happening with real wages. | ||
But if you happen to have $100,000 saved, You can put that down. | ||
Your payment has gone from essentially $2,000 to $3,000 this month, per month. | ||
That is because of Joe Biden. | ||
Hold it, hold it. | ||
But don't bury the lead. | ||
Why are your wages have dropped for 18 straight months and are going to keep dropping? | ||
Hang on, I want to go to Axios' head. | ||
You got it up. | ||
I didn't have the chance to get it up this morning as you and I were talking about the show. | ||
The Biden administration knows this. | ||
Axios has got the biggest story of the day. | ||
Hello? | ||
Yellen, they're looking to replace Yellen right now. | ||
Deese is going back to... So the Treasury Secretary is gone. | ||
They're getting rid of her, okay? | ||
Because she's a buffoon. | ||
Deese from BlackRock, he's gone. | ||
The NEC guy, they're going to get rid of him. | ||
And they're announcing Rouse, the... | ||
The economist, CEA, with the economist panel, she's going to go back, return to Columbia or Princeton, wherever she's from, upon her thing next spring. | ||
All three of the senior financial advisors to this government are gone because Biden understands, what the hell? | ||
How do we do this? | ||
The create crisis. | ||
If they love the team, the team will be out on TV every day. | ||
It'd be on CNBC every day, be on the campaign trail every day. | ||
They're getting rid of the top. | ||
This is Axios. | ||
Yellen, Deese, and Rouse are all gone. | ||
Steve Cortez, did we get three scalps, brother? | ||
Well, I sure hope so. | ||
It's about damn time. | ||
I mean, it's too late, but it is a needed reform at the least. | ||
Because, Steve, listen, if you look at the metrics, not my opinion, if you look at the metrics, this is the worst economy since the Great Depression. | ||
The 70s is no longer a comparison for us. | ||
The 70s right now would be an uptick. | ||
from where we are right now. | ||
This is the worst economy since the Great Depression. | ||
And yes, the entire economic team needs to go. | ||
Hold it. | ||
Janet Yellen, first and foremost. | ||
I'm going to tell you about Cortez's created crisis. | ||
We had the stagflation of the 70s. | ||
We have a self-created energy crisis like the 70s. | ||
We still have a valuation problem because they're not backing off these earnings estimates are all going to crater. | ||
The valuation bubble still, and like NASA, Of the internet, like the early 2000s, we're building towards a real estate and financial crisis, maybe not quite as bad as 2008, but that's coming. | ||
You've got all, we got them all together for the big daddy, for the Mac daddy, right? | ||
This is like 1930s. | ||
And if you think we exaggerate, just look at, have we been wrong yet? | ||
And just look at the math. | ||
If the bank of England hadn't taken the money of the British people, And bailed out this absurd Tory party just off the charts fantasy of what they wanted to do without getting down to the tough decisions they got to make. | ||
The British people bailed themselves out today and essentially bailed out the US capital market. | ||
As Kareem has said, at 5 o'clock in the morning it looked like it was going to be a crash. | ||
Before and for all the hopium on Wall Street that the Fed, you saw Kramer right there, the Fed's done. | ||
They're not going to intervene. | ||
It's all over, right? | ||
They're finished. | ||
Cortez, you've been on fire. | ||
How do people get to your sub stack? | ||
How do they get to Getter? | ||
Getter's been amazing, all the live streams. | ||
How do they get to all your stuff on Getter and on your sub stack, sir? | ||
Yeah, please follow me on Getter. | ||
I've got the baller's handle of just a single first name, Steve. | ||
You know how that works. | ||
I'm at Steve on the Getter, and you can also find me on Twitter. | ||
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I'm at CortezSteveCortez with an S. Hey, I am proud to be the junior partner in this one. | |
Trust me, I'm proud. | ||
It's Cortez and Bannon. | ||
The firm is not BannonCortez, it's CortezBannon. | ||
Steve, thank you very much. | ||
Appreciate you taking time to come on. | ||
Okay, we got so many big things to cover. | ||
We're going to have Naomi on for like 30 minutes because this story that she's developing with the information of the situation with the vaccine is, it may be the most important thing we're covering. | ||
Of all the things we're covering, we're covering 20 things that are front burner. | ||
Naomi Wolf next in The Worm. | ||
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We're taking down the CCP! | |
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Okay, we're about to go to Dr. Naomi Wolf. | ||
One thing I want everybody to read, particularly in these coming days and weeks ahead, is about the... I'm at AFA this weekend giving the keynote speech of the American Freedom Alliance, talking about the World Economic Forum and talking about globalization, all of it. | ||
Alex Jones' book's a great primer. | ||
The War for the World against the Great Reset. | ||
The Great Reset and the War for the World. | ||
This is the best primer out there. | ||
Go get this book today. | ||
It's at Amazon. | ||
My talk this weekend is going to be all about this. | ||
We're also going to do the show live from there on Saturday. | ||
So I want everybody to tune in. | ||
We're going to have all the great speakers that are there over the weekend in Southern California. | ||
Naomi, Wolf, I want to go to you. | ||
This story you've been breaking and working on about the vaccines and mother's milk, I don't think I've had a story, and there's so many that the Warren Posse gets really upset about. | ||
They're very upset about this, to say the least. | ||
Can you give us updates? | ||
I understand you have more breaking news on your research, ma'am. | ||
Yeah, they should be upset. | ||
Yesterday, for those who didn't tune in, there was a huge summary of the The fact that finally the Journal of the American Medical Association ran a letter, which it quickly put behind a wall, confirming that there's mRNA in vaccinated mothers' breast milk. | ||
And they warned vaccinated moms to wait two days before nursing their babies. | ||
This is a criminal act because since May 18th of 2022, the War Room Daily Clout research volunteers, Going through the Pfizer documents and writing these reports about what's in them, have been issuing a series of detailed warnings, five separate reports, at least one video, showing that there's lipid nanoparticles and mRNA and polyethylene glycol in the breast milk of vaccinated moms. | ||
And not only that, just to recap, Ranit Feinberg, an Israeli journalist, wrote her second article drilling down into the VAERS database Showing that 648 babies nursing from vaccinated mothers were severely ill, and there were three deaths. | ||
And we talked about the details of two of the deaths, but again, just to recap from yesterday, these were hundreds of, you know, not what the NIH is acknowledging belatedly in its own study confirming Polyethylene glycol, a petroleum byproduct, which is an antifreeze, right? | ||
Which is in the breast milk of vaccinated moms. | ||
You know, they say, oh, your baby might be sleepless, agitated, crying. | ||
Well, it's far more serious than that. | ||
And these are criminal people concealing the truth from women and from dads and grandmas and grandpas. | ||
Because the truth is that in the V.A.R.S. | ||
database, there are hundreds of seizures, hundreds of narcoleptic reactions, hundreds of ebrile reactions where there can be organ damage and brain damage. So there are hundreds of neurological reactions, you know, of vaccinated babies and these three babies who died and these are the only... Hang on, you talk about AMA, you talk about the | ||
Israeli hospital, the researchers, you say criminal. | ||
These are some of the most renowned organizations, trade associations, trade groups, hospitals, researchers in the world. | ||
How can you call them criminal? | ||
Well, it's not rhetorical. | ||
I mean, the Journal of the American Medical Association pretty much lied to women in saying they're only in danger for two days when we've proven abundantly that they're in danger for months. | ||
Subsequently, and that their babies are in danger. | ||
And and Renee Feinberg also proved abundantly that their babies are in danger. | ||
You know, these babies died, some of them 13 days after their moms were injected after they nursed from vaccinated moms. | ||
So, you know, if God forbid any woman reads the J.M.A. | ||
newsletter, she can get past the wall that's been put up and thinks, OK, fine, day three, I'm safe to nurse and her baby goes into seizure and dies. | ||
You know, that's That's murder. | ||
And the fact that for five months now, we've been, you know this because we've been doing it on this show, warning people and warning people, reporting and reporting, there are these dangers, these disgusting toxic poisons in vaccinated mom's breast milk. | ||
And I even pointed out that there are, you know, the FDA, which oversaw the information about at least one dead baby is in the Pfizer documents, you know, having had vaccinated mom's breast milk. | ||
The FDA, the same FDA that oversaw those documents, suspended the production of baby formula, as you recall. | ||
So, you know, the fact that for four and a half months, this information has been out there. | ||
We've been saying it and saying it. | ||
The reports are impeccable. | ||
The primary sources are from the Pfizer documents and from the FDA. | ||
And the Journal of American Association didn't cover it. | ||
The Washington Post didn't cover it. | ||
The Ministry of Health in Israel didn't say, wait a minute, let's stop everything. | ||
Babies are being poisoned. | ||
I don't know, you know, like, at what point is something a crime? | ||
I mean, that's neglect. | ||
It's fraud. | ||
It's battery. | ||
It may be manslaughter. | ||
And the Food and Drug Association is supposed to make sure that we are protected from poisoned drugs. | ||
And this is a poisoned drug that is now in the breast milk of vaccinated mothers in America that the FDA colluded in suppressing information about. | ||
But I've got even more, you know, when you're asking how does it happen? | ||
I mean, in a way, I'm going to start getting kind of, I don't know what to say, terse about my answer when people ask me that, because 1930 to 1933, it was the professional organizations, the medical institutes, the physicians associations, that even before the National Socialists were formally in power in 1933, the Nazis lured them, bribed them, coerced them to | ||
Create a whole narrative and an institutionalization of what became genocide. | ||
They were the ones who led the fight. | ||
And this is in the book, Racial Hygiene, and it's in the book, The Nazi Doctors. | ||
So this shouldn't surprise us that, you know, and I say this as the granddaughter of someone who lost siblings in the Holocaust. | ||
It shouldn't surprise us. | ||
We have to get where we are, Steve. | ||
We are at 1933. | ||
Respected organizations have colluded in murder. | ||
There are 648 injured babies that were on the record in the VARS database that Rochelle Walensky, by the way, is custodian of mining and assessing. | ||
I have another bombshell, by the way. | ||
Hang on, we only got 20 seconds. | ||
So just give how you get there. | ||
We'll do it back this afternoon on the bombshell. | ||
How do people get to your site? | ||
It's most important now. | ||
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All the reports are on dailycloud.io. | |
I'm on Dr. Naomi R. Wolf. | ||
And the book is The Bodies of Others. | ||
You've got to read The Bodies of Others. | ||
Get it on Amazon or go to our site. | ||
We'll have Naomi back here at five o'clock tonight. |