Oct. 7, 2022 - Bannon's War Room
48:53
Participants
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unidentified
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Well, the virus has now killed more than 100 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
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War Room Pandemic. | |
| Here's your host, Stephen K. Bannon. | ||
| Jack Posobiec here, live guest hosting The War Room. | ||
| Stephen K. Bannon on assignment with Mike Lindell. | ||
| They're winging their way down to New Mexico, the big summit there. | ||
| So we are in. | ||
| I am the host of Human Events Daily. | ||
| Here on Real America's Voice, we've got the Human Events Podcast as well every single day. | ||
| Because as we hurdle closer and closer to the election day, we're at 30 plus days out. | ||
| We're at one day, one month out. | ||
| The question becomes for ourselves, what are you doing to get ready? | ||
| What actions are you taking? | ||
| What steps are you taking? | ||
| Are you ready to step up in the precinct project? | ||
| Are you ready to go out there in Pennsylvania? | ||
| Are you ready to go out there in Arizona, in Wisconsin, in Michigan? | ||
| We've got an action packed show today. | ||
| We've got Doug Mastriano, Senator Mastriano coming up hour two. | ||
| We've got Pedro Gonzalez, Darren Beatty, Dave Bratton, Dave Walsh are going to walk through Biden's insane speech. | ||
| I don't even know who he was talking to. | ||
| He was talking about a country that doesn't exist, a situation that doesn't exist. | ||
| Saying that the economy is going great. | ||
| Go look at the stock market today. | ||
| Free fall. | ||
| Landed with an absolute thud. | ||
| NASDAQ down 3.8 today. | ||
| S&P down. | ||
| Dow down 630 points. | ||
| Joe. | ||
| And he's up there talking about how we need energy. | ||
| How we need security. | ||
| We've got none of it on your watch. | ||
| Why? | ||
| Simple. | ||
| Because you want to say that nobody Fs with Joe Biden? | ||
| I think it's actually that everybody does. | ||
| Because OPEC just told you to pound sands. | ||
| We've got Dave Brat. | ||
| We've got Dave Walsh. | ||
| We're going to get into all that. | ||
| But first, I wanted to bring on I know he was on this morning, but we're asking him to come back to pull double duty. | ||
| Because of course, when Charlie's out, he calls him Poso. | ||
| When Steve's out, he calls him Poso. | ||
| Everybody knows that the Pollock will pick up a couple of extra shifts. | ||
| So that's what we commend. | ||
| We've got human events coming up later tonight, but don't worry. | ||
| I'll come in for the war room. | ||
| So I figured I'd call Barris if he had wanted to do double duty as well. | ||
| And he's here with us, ladies and gentlemen, the People's Pundit. | ||
| Jack. | ||
| How you doing? | ||
| Everybody knows. | ||
| Everybody knows you'll pick up a couple extra shifts, buddy. | ||
| That was hilarious. | ||
| Everybody knows. | ||
| Everybody knows that Paul will pick up a couple of extra shifts. | ||
| Thanks for having me, brother, as always, man. | ||
| That was too much. | ||
| Look, so I just came back. | ||
| Look, I'm telling you, man, and I'll just give you some on the ground numbers, right? | ||
| I came back from Pennsylvania. | ||
| I was out there on the campaign trail with Senator Mastriano in Southeast Pennsylvania, where I was told there's no Support for Mastriano. | ||
| There's none. | ||
| It's the suburbs. | ||
| Maybe Oz will pick up some. | ||
| He's targeting those. | ||
| He's using kind of the to-me strategy, right? | ||
| But Mastriano, that's all West. | ||
| It's all the West. | ||
| Rich, we had 600 people at the first event in Chester County. | ||
| We had 1,000 people in Bucks for the actual rally. | ||
| Philadelphia Inquirer saying, why are you bringing Pasovic in? | ||
| He's this MAGA guy. | ||
| I said, well, maybe it's because, I don't know, I'm actually from here. | ||
| This is where I used to play football. | ||
| This is where I used to, you know, This is my home. | ||
| This is my home area. | ||
| And I got to tell you, there's there's a real grassroots. | ||
| And, you know, I know we always say that, but I'm telling you, I saw it with my own eyes. | ||
| There is a real grassroots groundswell in the state of Pennsylvania. | ||
| Are you seeing anything like that in your analysis when you're running numbers? | ||
| You know, I guess I'm dying to get back into Pennsylvania because I'm looking at some of these other states, and you know, we just did Arizona, you know, for for CDM dot press, people can go check it out for creative destruction. | ||
| And it's like, Jack, I know what's happening right now when people are polling and we're going through something. | ||
| You just talking about Joe Biden, you know, since that speech that whatever you want to call it, that red backdrop speech, you know, there's been a lot of hesitation. | ||
| Which was in Pennsylvania, by the way. | ||
| Yes, which was in Pennsylvania. | ||
| There's a lot of hesitation to speak to anybody. | ||
| They don't know who I am when I call or what my agents call or try to text people. | ||
| They don't know it's Rich Barris, the People's Pundit. | ||
| They automatically align you as a pollster. | ||
| You must be one of those media people. | ||
| We can't stand you. | ||
| We're not going to have you put A bullseye on your back. | ||
| No, thank you. | ||
| I don't want to talk to you. | ||
| So I'm really curious because I know how the media polling methodologies are flawed and how they, you know, how they work. | ||
| And they would be the first ones to miss Mastriano's support. | ||
| Polling in Arizona, but they would, you know, kind of pick up on Oz's and maybe not even all of it, but, you know, kind of pick up on it while missing some of Doug's and show this big divide. | ||
| And the same thing I was thinking in Arizona. | ||
| Yeah, I can see how Carrie Lake would poll better because of the response bias issues that may be, you know, that may be specifically hurting Blake Masters a little bit. | ||
| So looking at some of these other polls, which now I'm starting to tune out so I can focus on doing my own best work. | ||
| You know, the fact is there was a divide, but it wasn't the divide that we were seeing. | ||
| These people just don't know how to reach, you know, some of these voters because, you know, can you blame them? | ||
| They don't want to speak. | ||
|
unidentified
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Exactly. | |
| Well, let's let's switch gears then, because let's look at Arizona. | ||
| And I watched that debate last night. | ||
| I thought it was fantastic. | ||
| I thought Blake was crushed him on the issues, brought him to the mat time and time again, because you had Kelly actually. | ||
| And by the way, this shows you how bad I'm just going to say it, how bad of a candidate that Martha McSally was, that there were these glaring vulnerabilities that Kelly had that she could not exploit when she ran against him. | ||
|
unidentified
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Yeah. | |
| You should resign. | ||
| ran, well, essentially tried to run twice, um, that she was never able to come up to the task and make these simple statements. | ||
| Like when he says the borders in chaos, then you chum around and say, well, that's up to you. | ||
| That's your fault. | ||
|
unidentified
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You should resign. | |
| Resign. | ||
| I think that was the line of the night. | ||
| But here's my question from what you're looking at in the numbers, did Blake do what he needed to do last night? | ||
| This is why I got to get in there one more time. | ||
| This poll we ended right before the debate and looking at some of the Republican vote that Mark Kelly's been trying to appeal to. | ||
| There were certain things that Blake Masters needed to convey last night to be able to bring some of those people home. | ||
| And I think he did do that, you know, on the issue of abortion. | ||
| If you've seen those ads, they depict Blake Masters as, you know, the most backward, Horrible, wretched person on the planet, and $50 million will buy you a lot of high unfavorability ratings. | ||
| So, you know, these are the people he needed work with, Jack, are the people who watch these debates, right? | ||
| Older people, more moderate Metro Republicans, they're going to watch it. | ||
| So he needed to say, look, no, I'm affluent, I'm articulate, he's the radical. | ||
| And on abortion, I think he did it marvelously. | ||
| Look, I don't support it. | ||
| I personally don't support it. | ||
| But I'll support a 15-week deadline, which the vast majority of the country supports, by the way. | ||
| Um, and he's the radical. | ||
| He supports abortion up to the point of birth. | ||
| You know, he did that. | ||
| He did exactly what he needed to do there. | ||
| And then the other issue was his social security attacks. | ||
| They were leveling against him. | ||
| And I think he made it very clear. | ||
| The biggest threat to Social Security isn't Blake Masters. | ||
| The biggest threat is Mark Kelly supporting all of this out of control spending, which is going to eat your fixed income up with inflation. | ||
| So I don't think there's a serious person anywhere who can't watch that debate. | ||
| If you can be objective, it doesn't matter what you feel about the issues, Jack. | ||
| He won that debate perhaps more decisively. | ||
| The take that I really came away with was that this is why nobody wants to debate this cycle. | ||
| Because with this new type of active, aggressive, pugilist, not afraid to say what needs to be said, and by the way, not angry, not mean, not cruel, but just to actually call people on their BS and come out there and say, You have failed. | ||
| You ought to resign. | ||
| This isn't your grandpappy's Republican Party anymore. | ||
| They're terrified of going up against, by the way, I think anybody would be terrified to debate Carrie Lake. | ||
| She's probably the best communicator in all of politics today, of course, except for Steve Bannon, the host of this program. | ||
| But aside from that, it's got to be Carrie Lake. | ||
| Running for political office. | ||
| If you were team Katie Hobbs, and you're thinking, you know, despite the CNN poll, which is really an outlier, right, Jack? | ||
| I mean, the rest of the polling universe has it late between 1 and 4. | ||
| Ours is just about 4, 3.7. | ||
| But they're looking at, you've got to really look inside these numbers, which is why we call that show that. | ||
| Her potential is to expand that lead. | ||
| If the levy breaks in November, Carrie Lake could wind up stomping Katie Hobbs. | ||
| So if you're team Hobbs, you have to think, I have nothing to lose at this point. | ||
| Maybe I'll debate. | ||
| But then they saw that last night. | ||
| And if there was any inkling, you know, that maybe we're down and we should give it a chance and debate and try to catch her in something. | ||
| That's not going to happen anymore. | ||
| Their best strategy is to hide in the basement like Joe Biden and let the media try to run the campaign, which is what, Jack, that's what Democrats are doing. | ||
| That's what they've been doing since Joe Biden. | ||
| They hide and the media effectively tries to run their campaign for them and definitely runs their messaging. | ||
| It's just that Kerry Lake is so smooth on how she handles that Hispanic Uh, outreach, uh, conference that Katie Hobbs did not show up to. | ||
| It was supposed to be a forum for Hispanic voters in Arizona. | ||
| Uh, Katie Hobbs did not show up. | ||
| The media played the role of opposition, and Carrie Lake just handled every single one of them and said the American people are not angry, and Blake did that last night. | ||
| Blake Masters, he didn't come across as nasty. | ||
| He came across as qualified, articulate, educated. | ||
| Again, the people who watch these debates, those are the ones he needed to speak to. | ||
| And, you know, Arizona, you were talking about McSally. | ||
| You know, she was appointed. | ||
| She was never elected. | ||
| And then she tried her hand at it twice. | ||
| But she just couldn't land any blows. | ||
| And for especially Blake Masters last night, his job was to do what Rick Scott did to Bill Nelson, which was basically unmask him. | ||
| Look, he's not a moderate. | ||
| He's not. | ||
| And one of the best lines that he delivered that really got to that point was, look, I can work with Kirsten Sinema. | ||
| I can work with Joe Manchin. | ||
| Who I can't work with is Mark Kelly, Bernie Sanders, and Chuck Schumer. | ||
| You know, so Arizona likes their Mavericks. | ||
| They do. | ||
| It's a John McCain legacy, whether we like it or not. | ||
| They like their independence. | ||
| Cinema's very shrewd. | ||
| So for him to tie himself to the likes of cinema and Manchin and say, look, I can work with these people, put me on this level. | ||
| When you think about Blake Masters, put me with this group. | ||
| What you can't do is put me with Mark Kelly because he's over there with the radical leftists who Arizona just don't agree with. | ||
| So yeah, I think at this point, I think Blake Masters is You know, I think he's going to catch Mark Kelly. | ||
| I do. | ||
| There was already movement for the debate. | ||
| But I also look, and I've said this before about Pennsylvania, I say it about Arizona, so Pennsylvania, Arizona, Georgia, where, by the way, doesn't seem like the attacks on Herschel Walker are having any effect on his direct base whatsoever. | ||
| It also shows, by the way, a complete misunderstanding of Uh, the media and the way that Christians operate and the ability of Christians to forgive in this country. | ||
| I think they were learned that years ago, totally don't get it. | ||
| But the fact that it's actually had the opposite effect to rally the base in Georgia, the same way, by the way, and I know that Steve says this all the time when he's here, the same way that the access Hollywood take actually led to a base rally for Trump. | ||
| We've got about 90 seconds left. | ||
| Uh, tell us what. | ||
| So far, across the table, whether it's Arizona, it's Pennsylvania, it's Nevada, the problem Democrats are going to have, and we're seeing now that these undecided voters are deciding, because we had Blake Masters down by almost four points in our last poll. | ||
| What's happening is that those undecided voters were always, they always disapproved of the job Joe Biden was doing, and their issue set was not abortion. | ||
| Those are already committed Democratic votes. | ||
| Their issue set was cost of living and inflation, which they trust Republicans more on, inflation on the economy and jobs, and then of course, immigration and border security. | ||
| Those are It is fair to throw abortion in with that top four. | ||
| The problem is it's always a distant number three, Jack, or a distant number four. | ||
| It's never a top issue where even if you win the lion's share of those votes, it's enough to put you over the top. | ||
| Republicans are dominating on those three out of four. | ||
| At the end of the day on abortion, and I say this with Charlie all the time, is that you're going to have people on both sides that equally turn out. | ||
| Rich, thanks for joining us here on The War Room. | ||
| We're coming back. | ||
| We've got the two Daves. | ||
| We've got Dave Brat and Dave Walsh coming up. | ||
| Terrible day on Wall Street. | ||
|
unidentified
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Let's play more. | |
| Makes sense to stay cautious, but that works against the idea that aren't we supposed to be in the business of buying markets that are down 25% at least for the long term? | ||
| I think the best investors have always understood that you have to be able to keep two opposing thoughts in your head at once. | ||
| And the way that translates to portfolio management oftentimes is managing multiple strategies in one portfolio and having the maturity to understand that at some periods of time, one strategy is going to look great and another one might look terrible. | ||
| But it's the combination of those two things offsetting each other is how you get to the finish line. | ||
| Easier said than done. | ||
| And most people can't do it for themselves. | ||
| That's why there are financial advisors. | ||
| And even many financial advisors struggle with explaining that stuff to clients. | ||
| But if you're in a portfolio right now that's reliant on a single strategy, whether it's buy and hold or it's You know, we're a value investor. | ||
| We're this or that. | ||
| It's really, really tough to come up with a way to explain why this situation is going well. | ||
| So the majority of our portfolios rely on multiple return streams, non-correlated strategies, and again, having that humility to not expect everything to be at an all-time high all the time. | ||
| Well, the socks are crashing everywhere. | ||
| The huge blows at the end with a thud. | ||
| The jobs report is indicating that people are worried that more Fed hikes are coming ahead for us. | ||
| What is this plunge? | ||
| Nasdaq down 3.8 S&P down. | ||
| The Dow is down 630 points. | ||
| And I thought, who better to walk us through all of this and then tie it back to something that we've all been fighting so hard against, the Great Reset, than Dave Brat, the Dean of the School of Business at the Great Liberty University. | ||
| Dave, thanks so much for joining us today. | ||
| Great to be with you, Jack. | ||
| Thanks. | ||
| Thank you. | ||
| So walk us through today's numbers and then just the economy in general. | ||
| Plus, you had this president's speech, uh, where he's trying to address all this stuff, but it doesn't sound like he's actually talking about what's happening in reality. | ||
| He keeps saying, Oh, we've got the build back better. | ||
| It's the infrastructure plan. | ||
| Everything's going to be great. | ||
| Everything's gonna be wonderful. | ||
|
unidentified
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Yet. | |
| That's not what we see. | ||
| Help me unpack this. | ||
| Yeah, well, the cold open there was pretty informative. | ||
| Even the seasoned analysts can't tell you what's going on. | ||
| And the serious reason why that's the case is because we no longer use the free market system and the price system. | ||
| Uh, to run our economy. | ||
| So now you have to be an expert in forecasting what political actors are going to do, and then what geopolitics are going to do. | ||
| And it's pretty hard to forecast what Xi Jinping and Putin are going to do on any given day, what we're going to do in the Euros. | ||
| The eurozone's gonna do with Russia and Ukraine and all that. | ||
| We'll get into that in a little bit. | ||
| Today, just the breaking news, the job posting came in hot again. | ||
| So the markets are freaking out and saying, you know, the Fed's gonna hold strong, right? | ||
| They're gonna keep jacking up the interest rate. | ||
| Well, yes, they are going to. | ||
| They said they're going to, they have to, and I actually think they're gonna hold to it this time. | ||
| Because when you calculate the interest on the debt, Right? | ||
| In about 30 years, about half of all federal revenues go to just interest payments. | ||
|
unidentified
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Right? | |
| So they've done the math on that. | ||
| Debt payments on 31 trillion at 4, 5, 6, 7 percent. | ||
| Go do the math and you'll be shocked when you see those numbers. | ||
| So they have to fight inflation. | ||
| And so they're going to fight inflation probably another two or three rate hikes at least. | ||
| And the answer for the folks at home, if you want to know where it ends, If you're rational, right now, just say the inflation rate, there's a bunch of different ways of measuring it. | ||
| Just say it's 7% and say the interest rates are 3%. | ||
| So you're upside down 4%, right? | ||
| You got negative real rates of negative 4%. | ||
| They have to get that up to zero. | ||
| So they got to hope inflation comes down, gas prices go down a little bit, you know, maybe down to 5. | ||
| And then they got to raise interest rates up to at least 5. | ||
| So, the real rate of interest is zero, right? | ||
| And that doesn't get you to a normal price, right? | ||
| We've messed. | ||
| We had the federal funds rate at zero percent for a decade. | ||
| That's not right, right? | ||
| The interest rate is the key price in the economy. | ||
| It's the price of money. | ||
| The interest rate is the price you pay to get your hands on money. | ||
| It should be three or four percent, right? | ||
| Now, I don't want to say that right now because everyone's having a heart attack, because You're lucky you're saying that in the evening show. | ||
| If you said that in the morning show, we would have slid even further. | ||
|
unidentified
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Right, right, right. | |
| Yeah. | ||
| Finish out your thought, but then tie this back for people, because you have this theory of the case that this ties back to the Great Reset. | ||
| I want to get into that. | ||
| Yeah, well, right. | ||
| And so those guys on the markets are saying, What's going on here? | ||
| We don't know what's going on. | ||
| No one knows what's going on. | ||
| You're the expert on this, but I'll just lay out my economist take on things. | ||
| The globalists, the Great Reset folks, Klaus Schwab, the Great Reset, the Eurozone, they already control 27 socialist countries called Europe. | ||
| Right. | ||
| Europe has crashed and caved. | ||
| They've caved on the Judeo-Christian tradition, the rule of law, and now their markets are in a complete freefall. | ||
| England had a sovereign debt crisis last week. | ||
| Imagine. | ||
| That's the U.S. | ||
| bond, the U.S. | ||
| Treasury falling apart, which could happen plausibly, but we're the reserve currency, so we get a break. | ||
| But England hit the wall and the The exchequer, right? | ||
| The English treasury had to come in and rescue them. | ||
| So this is serious business, right? | ||
| So you got the Eurozone 27 countries that are going along with this globalist thing. | ||
| And when you think of globalism, you got to think of like Star Wars and the guys in the white suits, right? | ||
| The stormtroopers. | ||
| This unified mass of globules that are run by Darth Vader and the starship up there. | ||
| They want to be the overlords of you, and they've made it very clear. | ||
| And so what do they have to do to have globalism? | ||
| They got to get rid of this thing called the nation-state, which Bannon has been on for years, right? | ||
| The Westphalian system since the mid-1600s, the nation-state. | ||
| And there's three nation states that are particularly problematic to these globalists, right? | ||
| China's got to go, and they're cracking up a little bit. | ||
| Russia's got to go. | ||
| They could crack up. | ||
| We're fighting them. | ||
| And then the USA, right? | ||
| And so you've got three strong nation states they got to get rid of in order to have an empire. | ||
| And just so we're clear on empire, I think the Roman Empire or Napoleon, the French Empire, they never end good for people, right? | ||
| So there's not a good track record for empire. | ||
| So we do not want to go that way. | ||
| But it's very unclear. | ||
| And you're a world expert on this stuff. | ||
| What makes it even more unclear is you got the globalists going after China, the USA, and Russia, and you got China coming after us, right? | ||
| They had the 1999 document, Unrestricted Warfare, where they made it very clear they're coming after us, right? | ||
| And Steve always has been on this forever, right? | ||
| Financial warfare, economic warfare, information warfare, attacks on the internet. | ||
| It's not even that. | ||
| We broke out on On Human Events Daily last night here on Rav and on the podcast, we broke out what Tony Bobulinski has been saying on Pucker. | ||
| I think there's one piece that you just have to add in to understand what he's laying out. | ||
| You have to connect all the dots. | ||
| What he's saying is the CCP, the Chinese Communist Party, what is CEFC? | ||
| What is that entity to them? | ||
| What is it for? | ||
| It's for underwriting the fuel and energy for One Belt, One Road. | ||
| That's what the Bidens were being cut into. | ||
| So the CCP was using Biden to install One Belt One Road across Africa, across Southeast Asia, across South Asia, across South America, possibly even into North America. | ||
| And we see him buying with the farm and everything else. | ||
| And so the idea was that Biden and his son, the family, the brother, etc, were all being tied into this One Belt One Road, which is the Chinese system. | ||
| They were standing to financially gain as China builds this entire infrastructure across the world. | ||
| That's why they're not doing anything about it, because they're standing to gain from it. | ||
| So that's the Bobulinski plot that we laid out last night. | ||
| I think people need to understand how that all fits into this. | ||
| Right, right. | ||
| We just had a CEO summit at Liberty the last couple of days. | ||
| Dave Walsh did an outstanding job on energy and both domestic. | ||
| He'll be coming up right after you actually. | ||
| Yeah, he'll get at the same stuff. | ||
| We had 10 African nations with us. | ||
| We had the former president of Ghana, the entire DRC Congo delegation with us, a bunch of very high-end business leaders from Nigeria, Tanzanian delegation, several other countries. | ||
| They are not happy with China. | ||
| China's not treating them with any dignity. | ||
| There's 600 million Christians in Africa, and so I hope all the businesses out there are giving Africa a good look. | ||
| They're our friends. | ||
| They have the same Judeo-Christian values we do, and I hope we support them. | ||
| But yet, you're exactly right on this crack-up. | ||
| Well, I certainly do think you see that there's this idea of there's going to be a globalist empire. | ||
| And Jack, maybe you can clarify this because I do not understand this, but they said the neocons are on the left as well as the right. And that was stunning to me, right? So we're all working at cross purposes. What's going on there? Well, I certainly do think you see that there's this idea of there's going to be a globalist empire. | ||
| But the question is, who's going to be in charge of it? Is it going to be Brussels and Davos and Geneva? | ||
| Is it going to be Schwab? | ||
| Is it going to be the Atlanticists here in the United States? | ||
| And whether that be, whether you call your, you know, a neoliberal is a Democrat globalist and a neocon is a conservative globalist. | ||
| And then the other answer, the other idea is, is China going to come in, undercut us at our feet and put themselves in charge of this massive empire? | ||
| And so, This is why, and we just only got you for a minute left, this is why all of this is so important to the American home, and you're seeing this come out in the stocks. | ||
| So, Dave, give us your coordinates. | ||
| We're going to bring Dave Walsh in after the break to explain all of this from the geopolitical manufacturing edge. | ||
| One minute left, Dave Brat. | ||
| Yeah, yeah. | ||
| Brat Economics at Getter. | ||
| I've been posting all of the War Room shows and putting up the charts and a little bit of intuition that goes with it. | ||
| And the underlying theme through all of it that I didn't get at today, it takes even longer, but the real problem is the U.S. | ||
| economy, right? | ||
| We're always looking at these stock market reports. | ||
| That's not the economy. | ||
| 10% of the elite rich own 90% of the market, the stock market. | ||
| The average American, the small business, is in total pain. | ||
| Real wages were going up for the first time for high school graduates under Trump. | ||
| Now they're crashing again because of inflation. | ||
| And the real marker... Dave, we're coming up on our break, but thank you so much for joining us here in the War Room. | ||
| Jack Posobek in for Steve Bannon. | ||
| I'm host of Human Events Daily. | ||
| We've got Dave Walsh coming up next. | ||
| Do not change that dial. | ||
|
unidentified
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War Room. | |
| Pandemic. | ||
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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. | ||
| The betting sale is up. | ||
| MyPillow.com promo code war room. | ||
| Make sure you get in there. | ||
| $29.98 is the price. | ||
| Make sure you're getting cozy for this fall. | ||
| Mike Lindell flying out with Stephen K. Bannon right now. | ||
| To New Mexico. | ||
| They've got a huge summit out there. | ||
| But first, we've got here in the War Room, myself, Jack Posobiec, guest hosting. | ||
| I am the host of Human Events Daily, both here on Rav and on the podcast side. | ||
| And we've got, we've got the two Daves, got the two Daves up. | ||
| So we just finished up here with Dave Walsh from Liberty University, but we're going to keep him on because I want to bring in energy guru, or excuse me, Dave Brat from Liberty, but I want to bring on energy guru, Dave Walsh now to wrap up their summit. | ||
| To explain what was going on because we were having this interesting discussion about the fact that a global empire is being built around you. | ||
| It's being built right now, by the way, on your back. | ||
| The debt, the financing, the financialization, the low wages. | ||
| You got this psychopath at the Cato Institute saying that it's racist for you to want manufacturing to come back. | ||
| He said it's about white working class, white men. | ||
| No. | ||
| It's about everyone being able to provide for their families and have security. | ||
| We understand the system that they're doing. | ||
| But if I wanted to bring in Dave Walsh now and really get his take on that conference that was just held and some of these ideas of this global economic empire. | ||
| That was a great summit. | ||
| My privilege to attend. | ||
| 500 CEOs convened near Lynchburg, Virginia, where the great Liberty University is. | ||
| Great job done by Dave Hosting and arranging. | ||
| Great conference. | ||
| I was mainly involved in the energy aspects of it and what I was listening to from the very large African delegation that was the focus was massive, massive disturbing feelings about the World Bank position on supporting energy for Africa, that the World Bank only really supports renewables projects and will only fund renewables projects for Africa. | ||
| A great deal of frustration with that because the continent with a billion four people Many countries with U.S. | ||
| consumption of electricity at a 1910-1912 level desperately need all types of electric power. | ||
| Hydro, nuclear, coal, gas, oil. | ||
| Fortunately, Africa is blessed with massive quantities of coal, of oil and gas. | ||
| Hydroelectricity is still heavily untapped. | ||
| Tremendous opportunities to blast into massive production using those resources, not renewables. | ||
| But here the UN, both UN policy and the World Bank policy is really at this point only all about renewables, which is a way of stifling economic growth in Africa. | ||
| The way that the Western European economy was built, the economy here in North America was built, The economy in Japan was built, was based on a solid foundation of fossil fuels for steel plants, car plants, aluminum plants, smelters. | ||
| You've got to have that for a developed society. | ||
| Baseload, continuous-duty energy that only fossil fuels and nuclear power provide. | ||
| Renewables can be used on the margin, but not as a main source for baseload, continuous-duty power. | ||
| The Africans know that. | ||
| Everybody I talked to there, they know that. | ||
| And they're very frustrated with these policies where the World Bank will only finance renewable projects in Africa with tremendous need, tremendous need for electrification. | ||
| Well, and this is exactly what we're doing. | ||
| And we just talked to Brad about this. | ||
| This is the gray reset. | ||
| This is the ESG policies that we see here pushed inside the United States. | ||
| Now they're using it writ large to keep it. | ||
| And Michael Schellenberger's got a fantastic book, by the way, out. | ||
| Uh, how they do this in South America. | ||
| You're talking about how they do it in Africa. | ||
| In fact, and by the way, we've got, uh, Senator Doug Mastriano is going to come up later on in the program at six o'clock hour, because we're going to talk to him about a plan that he laid out while I was up in Southeast Pennsylvania with him to say, and it just struck him. | ||
| Why not build a Pennsylvania pipeline for Pennsylvania's liquefied natural gas right from Pittsburgh to Pittsburgh area, Southwest, South central Pennsylvania. | ||
| Right down I-76, all the way to Philadelphia, reconfigure the LNG plant, the old ConocoPhillips to LNG refinery, set up your terminal, perfect access to the Atlantic. | ||
| It would make sense. | ||
| But we don't do that. | ||
| We don't view our resources like this anymore in our countries. | ||
| So, so, Brat, tie this back together for us. | ||
| Why is the World Bank doing this? | ||
| Why are they not Yeah, well, Dave Walsh laid it out. | ||
| He did an outstanding job at the summit, and I want to applaud him. | ||
| I worked at the World Bank 30 years ago. | ||
| They are the elite of the elites, right? | ||
| So they're in the Euro club. | ||
| If you walk into the World Bank, it's got a very Euro feel to it. | ||
| It's very condescending toward the USA. | ||
| And so they're all pursuing these policies, which from our viewpoint are just completely irrational. | ||
| The African leaders I met with were just outstanding. | ||
| They said, we want to work in the moral. | ||
| How do we work the moral piece into our businesses? | ||
| And they said, what we're thinking about doing is, you know, hiring more people with handicaps into the labor market. | ||
| I said, outstanding. | ||
| And I said, I was worried, and I explained a little bit about ESG. | ||
| I said, be wary of this ESG stuff. | ||
| It sounds neat, but it's got quotas built into it that favor, like in the U.S., like Walsh always explains, the money in ESG through the green movement, starting back with Al Gore, they just made up a whole new sector of the U.S. | ||
| economy where all the money has to flow through D.C. | ||
| elites. | ||
| And they capture, it's rent capture, right? | ||
| Jim Buchanan, Nobel Prize Uh, for this stuff. | ||
| And then they said, what would you advise? | ||
| This is morally best thing to do. | ||
| I said, I said, the best thing you could do for your people is economic growth and come up with a neat marketing slogan. | ||
| Like, we're going to hire one more person. | ||
| But you want to add as many people into that labor force, get them jobs, get them some benefits, go and get their family structure going and get that machine running. | ||
| And so it's just basic and Walsh has been laying this out forever. | ||
| The importance of energy, it's just the super variable that underlies our entire economy. | ||
| Now, Walsh, let's dig into that because we're also, we've heard everything about energy this week, whether it be OPEC plus, essentially calling Biden out. | ||
| We was exposed their secret deal with the Biden administration that they were going to replenish our strategic oil supply. | ||
| At $80 a barrel. | ||
| And he said, well, don't worry, don't, don't cut production because we'll continue to buy it $80. | ||
| They said, well, if we cut production, we can make you buy it a hundred dollars a barrel. | ||
| We can make you buy it at 120, 150, 200. | ||
| They gave up all the leverage of the United States on this. | ||
| We won't go. | ||
| They think president Biden's going to talk to Doug Mastriano about a Pennsylvania pipeline. | ||
| He's shutting down every pipeline he can. | ||
| So to my question on this, why is it that? | ||
| Energy has become such a political tool in the building of this global empire. | ||
| He's begun to unveil his whole strategy on the OPEC announcement. | ||
| Yesterday it was releasing another 10 million barrels of the SPR. | ||
| Completely non-sustainable, use one of their words, a non-sustainable approach to this long-term need to produce more. | ||
| Horrible strategy. | ||
| We're down to 22 days supply. | ||
| If you take the day supply of what's left versus our national consumption, we're down to a record low in 42 years of the SPR, 22 day supply. | ||
| Shameful. | ||
| Second thing he's come out with is evaluating cutting off oil exports. | ||
| I want you to think about that. | ||
| That's, you know, that's a 8 million barrels a day we export. | ||
| The biggest recipients are Canada and Mexico as we trade grades of oil with them. | ||
| We receive enormous quantities of oil from Canada and Mexico, grades including refined product that we don't have, and we ship to them product that they don't have, and here we're talking about a blanket possible cutoff of exports. | ||
| Nothing will raise prices more than that, because what that does is communicate to oil producers, some of your largest clients will be off-limits, offshore customers. | ||
| That's going to aim to reduce production even further in a time of need. | ||
| So it's going to have a polar opposite effect. | ||
| Would that include the offshore refineries in the Gulf as well? | ||
| Yeah, he's talking about evaluating cutting off exports. | ||
| Until the discussion is distilled, that would include Canada and Mexico. | ||
| A complete disaster. | ||
| We have to look at this collectively across Canada, Mexico, Brazil, England, Norway, Mexico, and the UK together as a consortium. | ||
| Not a recipient consortium, but a production consortium. | ||
| To work with one another to combat collectively the aforementioned countries, very strongly allied with us, of course, produce 28.5 million barrels a day. | ||
| That's an equivalency with OPEC. | ||
| We would easily crush their strategy. | ||
| Further, he's also talking about visiting the U.S. | ||
| district and federal courts to attack OPEC. | ||
| Okay, it is an illegal cartel, but we can't impose, unfortunately, we can't impose U.S. | ||
| district court and U.S. | ||
| judge decrees against foreign sovereign nations. | ||
| That's not going to work. | ||
| We can only combat this by congealing with Similarly aligned major production nations team together to crush them with an equivalent supply where we team with one another. | ||
| So for example again, cutting off exports to Canada and Mexico cannot be in the playbook. | ||
| We import enormous quantities of grades of oil and kerosene that we need. | ||
| That's a trading... | ||
| It's a trading thing. | ||
| You know, cross-border with pipelines. | ||
| It is as it should be. | ||
| They're our neighbors. | ||
| They are our allies. | ||
| So this discussion of cutting off exporting is insane. | ||
| And it, again, further communicates to producers, your biggest clients will be gone. | ||
| They'll produce less. | ||
| Prices go up further. | ||
| That's exactly right. | ||
| Now, Brett, let's tie this back again, because you were saying before that there's three countries, specifically three nation states, that these global imperialists want to bring down. | ||
| Tie what Walsh is saying about us getting into this tit-for-tat, this escalatory conduct with oil and energy. | ||
| Of course, we can't leave out the destruction of Nord Stream 1 and 2, the pipelines we're going to have Pedro Gonzalez on in the second hour here to talk about that. | ||
| Tie it back to this discussion of the building of a global empire and the attempt to bring down these nation-states. | ||
| Yeah, well, the three nation-states that they got to take down to be successful are China, Russia, and the United States, right? | ||
| The Russian bear, etc. | ||
| And in two of the cases, I can summarize this thing in my worldview very simply. | ||
| It's God versus no God. | ||
| Right, so you just go across any variable you want, right? | ||
| Just the World Bank, the Euro elites, Klaus Schwab, any of the elitist institutions, the major donors in the US, big tech. | ||
| The Democrat Party, I will say, there's no God talk in their entire Democrat platform. | ||
| Right? | ||
| And so I hate to say that because it's not all Democrats. | ||
| It's not voters. | ||
| It's not political. | ||
| But the cultural war we're in is a global contest of ideas. | ||
| And God is in the West. | ||
| It's the purpose of life to glorify God. | ||
| It's why you're made, why you're on the planet. | ||
| And so the left is not really just like they're just atheists. | ||
| It's a war against God. | ||
| They want to be God. | ||
| And if you look at the alignment, to me, that is the simple explanation about what's going on around the globe. | ||
| I think that's right. | ||
| We've got about 60 seconds left in the segment. | ||
| Let's go. | ||
| Let's get the final word in for Dave Walsh. | ||
| Jack, there's one more thing I missed in the policies being evaluated as of today. | ||
| Also, pulling back some of our air support for the Kingdom of Saudi Arabia. | ||
| Now, that can sound like a nifty tit for tat. | ||
| It's not. | ||
| If we begin to expose them to more of a threat from Iran, they will go seek support from others. | ||
| It will be China. | ||
| We can't use this when we have such an easy solution of producing more, returning to global dominance in oil and gas production. | ||
| It's such an easy, appropriate thing to do, not these measures, but instead to expose now more instability in the Middle East and in the world, in addition of course to Taiwan, what's going on in the Ukraine. | ||
| If we start talking about withdrawing air support for Arabia because of this, we're introducing yet more instability. | ||
|
unidentified
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Absolutely. | |
| We can solve this with deduction. | ||
| That is about all the time we have. | ||
| The two Daves, I want to thank both of you for joining us for this incredible segment on energy. | ||
| We've got Abe Hamadeh coming up next, but I agree with everybody here. | ||
| I want up that Pennsylvania pipeline. | ||
| See if Doug Mastriano can get it done. | ||
|
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| All right, Jack Posobiec here, host of Human Events Daily, filling in for Stephen K. Bannon as he's on assignment with Mike Lindell. | ||
| You know, Steve hit me up last night. | ||
| He said, he said, Hey, what can I need? | ||
| Need you to come in. | ||
| Need you to get here. | ||
| Um, you know, I said, look, Steve, I got my own show. | ||
| Plus last night we, uh, we ended up taking, uh, we took our son, our older son, not our younger son, but our older son actually took him to the Sabaton concert last night in DC first time around, but believe it or not, he's a huge fan of Sabaton. | ||
| So his first, uh, first indoor concert, he took him to Paul McCartney before as well. | ||
| Uh, really big night, but I said, all right, Steve, I'm going to come in because we always know I can pick up a shift, but we've got a ton going on at Turning Point USA in terms of specials that we're running. | ||
| So we've got a huge special called Border Battle, which is dropping on Salem now today. | ||
| So you can go to Salem now, right now and check that out. | ||
| We've also got my special. | ||
| So the POSO specials are now going to be running human events specials every Sunday night here on Real America's Voice. | ||
| And this Sunday, we've got a special called. | ||
| The battle for the border. | ||
| One hour, myself and Sheriff Mark Lamb, and all we're doing is talking about Arizona and the absolute lawlessness that's going on across that state. | ||
| And so when I'm thinking about Arizona, I'm thinking about the lawlessness, the problems on our border, and the fact that the president will be there on Sunday. | ||
| I said, you know who we have to have on? | ||
| And it's AG candidate Abe Hamadeh. | ||
| Abe, thank you so much for joining us here today on The War Room. | ||
|
unidentified
|
Thanks for having me on, Jack. | |
| Appreciate it. | ||
| Now, did I see recently that the Democrats' AG Association has stopped spending money in Arizona? | ||
| Is that true? | ||
| Is that fake news? | ||
| I know it's a Bruisewitz tweet, so we have to double-check those. | ||
|
unidentified
|
No, that is news, and the news media does not want to cover it. | |
| They don't want any negative story against my opponent by suggesting that maybe she's a weak candidate and that this is not a winnable race for her. | ||
| But yeah, they've removed $1.2 million from my opponent, which is great news. | ||
| Republican Attorney General Association is committed to a lot more money. | ||
| So we're on the offense now, but, you know, we got to keep the foot on the gas and, you know, finish this thing off strong. | ||
| So, you know, I'm committed right now where we're working. | ||
| Me, Carrie Lake, Blake had a great, Lake Master had a great debate performance last night. | ||
| So, you know, we're on, we're on the march right now. | ||
| People are watching Arizona big time, Jack, because they recognize that, you know, it's really beautiful to see how many good nominees, you know, Mark Fincham as well. | ||
| I mean, we mean what we say and we're going to get it done and we're not beholden to the political ruling elite. | ||
| So, you know, Arizona is going to be on the map come November 8th, but I think we're in a very good position, but we got to, we got to not let up at this point. | ||
| No, give us a little preview. | ||
| If you can, I don't want you to have to reveal all your secrets to us, but, uh, you are given the speech of what you're one of the lead speakers at the president's rally on Sunday. | ||
| What are you hearing on the ground in terms of that? | ||
| And what are we going to expect to see come out this Sunday? | ||
|
unidentified
|
Well, it's great to have President Trump come out twice to Arizona, you know, he was out here in July just a few months ago. | |
| But, you know, for my speech particularly, I want to highlight that although we're in a bad spot, we're in a bad spot because of the Biden administration, the Democrats right now. | ||
| I'm really optimistic. | ||
| And as long as we get this entire America first Republican ticket elected, Arizona's best days are ahead of us. | ||
| But also we're going to be leading the fight for the entire country. | ||
| So I think that's what we're going to focus on and hone in on. | ||
| I mean, the Democrats, Jack, they have nothing to offer but misery and chaos. | ||
| I mean, just truly, every single city that's run by a Democrat right now is just falling apart so quickly. | ||
| And my opponent, she has said her top issue is fighting climate change. | ||
| She wants to fight the weather, Jack, and I want to fight criminals, and I want to fight the cartels. | ||
| So I think there's a big difference going in, and this is why the media constantly wants to gaslight us by trying to suggest that abortion The democracy is on the ballot right now, but people are affected by by the gas prices at five dollars are affected by the fentanyl pouring in across our southern border. | ||
| I'm glad you're having that special with Mark Lamb. | ||
| You know, he's a great fighter out here for us in Arizona. | ||
| But this is what Arizonans and Americans care about. | ||
| But the media, they want to try to change the narrative. | ||
| But we're not going to allow them to do that right now, because I think so many Americans are awakened up to the fact they're fake news and the propaganda arm of the Democratic Party. | ||
| Now, when I interviewed Carrie Lake the last time, something she told me, because I said, well, what can a governor do? | ||
| What can the state do in terms of this? | ||
| And what's the plan forward? | ||
| And what she said was very interesting. | ||
| And she said, of course, throughout the trail is that she's talked about day one, declare a state of invasion, a state of invasion in Arizona. | ||
| What would that look like? | ||
| Now, obviously, that would empower you as Attorney General. | ||
| Let's say the whole slate gets in. | ||
| Let's talk past the sale a little bit here. | ||
| I thought they'd talk about it in sales. | ||
| What would you then be empowered to do as the Attorney General with a declaration of invasion? | ||
|
unidentified
|
Well, you know, it's interesting, Jack, because the current Attorney General Brnovich has already said that that's within the Governor's power to declare an invasion. | |
| So I'm just going to continue that method. | ||
| But, you know, once it's declared an invasion, at that point, there's going to be legal battles. | ||
| So my office will be taking the charge along with working with the Governor's staff. | ||
| But, you know, declaring the invasions would be really critical. | ||
| No, we already see the shipping containers going out of the southern border, closing up some of those gaps. | ||
| But something I've been calling for consistently on the trail is declaring the drug cartels terrorist organization and that we have to work with the legislature and the governor to do that here in Arizona. | ||
| I saw Governor Greg Abbott just did that in Texas. | ||
| But with that designation, there's going to be enhanced sentencing on the cartels for drug smuggling, for instance, and we can seize their assets differently. | ||
| So this is where we're going to get a lot more aggressive with the cartels and with We are committed. | ||
| We recognize at this point, the federal government has not done its job and they refuse to do their job. | ||
| So I always put this analogy. | ||
| Imagine the federal government removed every single border agent from our Southern border. | ||
| Does that mean Arizona has no ability to protect our border and our state sovereignty? | ||
| I don't think so. | ||
| And I think that's the type of argument we're going to use in court. | ||
| Now is the time to challenge our assumptions, Jack, because President Trump, he got us really good justices on the Supreme Court, but also really good judges at the circuit court level. | ||
| So we're going to take the fight on offense and this is what we're going to do. | ||
| And I think we're going to be very successful with the America's first Republican. | ||
| Incredible. | ||
| Okay. | ||
| We're, we're down to our last couple of seconds here on the show. | ||
| Uh, A.G. | ||
| Hamaday, let us know in, well, soon to be, uh, let us know your coordinates where people can follow you and what's going on this Sunday. | ||
|
unidentified
|
Absolutely. | |
| They can go follow me at Abe4AG.com, Abe4AG.com, or on Twitter and Getter and Truth Social at Abraham Hamadeh. | ||
| But, you know, right now we could use all the financial support we can because my opponent, she's funded by Soros. | ||
| Still, we don't know how much money they're going to pour into this race, but we have to, we have to take this fight on. | ||
| All right. | ||
| Thank you so much, Abe. | ||
| Thank you for joining us. | ||
| Jack Posobiec in for Stephen K. Bannon. | ||
| We've got Doug Mastriano, Senator out of Pennsylvania. | ||
| Coming up next, Pedro Gonzalez and Darren. | ||
| You can follow me, of course, at Human Events Daily every single day. | ||
| Signing off, ladies and gentlemen. |
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