Feb. 1, 2023 - Bannon's War Room
48:53
Participants
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| Speaker | Time | Text |
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unidentified
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The primal scream of a dying regime. | |
| Pray for our enemies, because we're going medieval on these people. | ||
| I got a free shot of all these networks lying about the people. | ||
| The people have had a belly full of it. | ||
| I know you don't like hearing that. | ||
| I know you try to do everything in the world to stop that, but you're not going to stop it. | ||
| It's going to happen. And where do people like that go to share the big line? | ||
| MAGA media. I wish in my soul, I wish that any of these people had a conscience. | ||
|
unidentified
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Ask yourself, what is my task and what is my purpose? | |
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
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War Room, here's your host, Stephen K. Bannon. | |
| Mika, that's absolutely right. | ||
| According to three sources familiar with this matter, FBI agents as we speak are searching President Biden's Rehoboth Beach home for classified documents. | ||
| This comes, of course, after there have been a discovery of a number of batches of documents at his think tank here in Washington and also at his home in Wilmington, Delaware. | ||
| Today, the FOMC raised our policy interest rate by 25 basis points. | ||
| We continue to anticipate that ongoing increases will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2 % over time. | ||
| Okay, today, wow, what a day. | ||
| It's Wednesday, 1 February, year of our 2023. | ||
| You notice how the intensity, we told you that 2023 was going to be Incredibly intense and we started off those first couple of days with the fight for the speaker and we said it was only going to get more intense over time. | ||
| Every day gets more intense and it's behind the scenes. | ||
| It's in the foreground. It's everywhere and it's not just the US. It's international. | ||
| It's capital markets. It's all of it. | ||
| I got Philip Patrick from Birch Gold joins us. | ||
| I want to make sure people understand the historical context. | ||
| We had... | ||
| It is... | ||
| Awful enough that we had the FBI raid a former president, quote unquote, former president's home down in Mar-a-Lago with President Trump, although he's our president, as you guys know. But it is extraordinary to have the FBI. And that's what it was. | ||
| I realized it was negotiated and everything like that. | ||
| We're going to play the gaggle later when Boris gets up. | ||
| It is extraordinary The FBI essentially raided a sitting president's home today. | ||
| I want to make sure everybody... Don't fall for the The spin of MSNBC or the New York Times or the way they cover this up. | ||
| But it's absolutely just absolutely incredibly extraordinary, right? | ||
| Extraordinary. What's what's going on? | ||
| The FBI, the FBI today. | ||
| Oh, by the way, we're great. | ||
| Fantastic. Can I get that clock right there to thank you? | ||
| My crack production. We're cutting so much film right now because there's so much happening here late in the afternoon. | ||
| But the FBI raided, the FBI raided a sitting president's house. | ||
| And you tie that in with what's going on with Zelensky, all the weapon shipments, the commitments of F-16, then they're not committed. | ||
| You got Boris Johnson running around here up on Capitol Hill, you know, pressuring people, saying, you know, we've got to stick together. | ||
| We have massive input over Ukraine. | ||
| There is so much going on. | ||
| It's intense. McCarthy just left The White House, they had a one-hour meeting. | ||
| We're going to have some clips on that in a second, but I've got to bring Philip Patrick in. | ||
| Philip, overall capital markets, I mean, first off, your sense of Powell getting on top of inflation. | ||
| I mean, you guys are the best guys in gold, which is still one of the investment alternatives to bonds, stocks, or the U.S. dollar. | ||
| What's your sense today? What's Birch Gold's sense today of Powell, the messaging you did, etc.? | ||
| I mean, no real surprise. | ||
| One thing's clear, though. | ||
| The Fed do not have a handle on inflation. | ||
| People are looking at headline inflation coming down. | ||
| Liberal media are pushing the line. | ||
| Hey, we're getting on top of it. | ||
| Look, it was transitory. | ||
| It really wasn't, right? | ||
| We've talked before. Headline inflation has come down. | ||
| The only meaningful areas are two, right? | ||
| Gas prices and used cars. | ||
| Look at what's happening to energy prices in January. | ||
| They're spiking again, reverting to the norm. | ||
| And used cars. I mean, if you didn't buy a used car in the last 12 months, then inflation really hasn't reduced, right? | ||
| That's the reality. What I think is interesting, though, is why the Fed now are softening, right? | ||
| Why are we sort of, it was a quarter point last time, a quarter point this time. | ||
| Why slow down the velocity, right, when we really don't have a handle on inflation? | ||
| I think it's It's sort of clear, right? | ||
| The Fed have this tough situation, right? | ||
| Right now, the federal government's paying 4.5 % APY on one-month Treasury notes, and it's a recipe for disaster when you're carrying $30 trillion of debt, right? | ||
| Actually, last time yield curves have inverted, as they have now, that was in 1981 before the brutal recession in 1982. | ||
| The Fed is sort of walking this tightrope. | ||
| They're trying to lower inflation without driving the government into bankruptcy, right? | ||
| So it's a very, very tough situation. | ||
| I don't think they know quite how to play it. | ||
| You know, the question that's interesting though, why not let inflation take a grip? | ||
| It's, you know, it's one way to devalue the debt. | ||
| And this is where this other angle comes in, right? | ||
| The thing about the US dollar today, since it's not backed by gold, it's essentially an IOU. So without any backing, the only thing really supporting it is the full faith and credit of the US, right? | ||
| The only thing that gives the dollar value is credible inflator and fighting policy. | ||
| That's it. Right now, if you look at the fundamentals of the economy, U.S. debt to GDP, it's on par with examples of fiscal prudence like Mozambique and Angola. | ||
| The only thing that's allowed the U.S. dollar to maintain global reserve currency status and a mass debt was this incredible inflation-fighting policy. | ||
| You could argue that the US has been coasting on Volcker's coattails for the last 40 years. | ||
| That time is over. | ||
| So the Fed's inflation-fighting credibility is in tatters, and I think the dollar's reputation as global store of value has never been worse. | ||
| So you look at this tightrope, it's between bankruptcy on the one hand, permanent loss of global reserve currency status on the other, It's a very tough situation for the Fed and I don't think they know yet how to handle it. | ||
| I think they're waiting for things to unfold and are going to react to moving down the pipe. | ||
| I just want to make it short. | ||
| Go to birchgold.com slash Bannon. | ||
| We've got two in a series and we're working on right now to come out with a third about the end of the dollar empire. | ||
| This whole situation about the reserve currency and particularly what I call the global south. | ||
| The Global South being really the control. | ||
| They control the resources. | ||
| For decades and decades and decades, ever since the pound right around World War II when the empire got crushed, the pound was the primary reserve currency. | ||
| Now it's the dollar. It's been the dollar. | ||
| It's Bretton Woods 70 years, 80 years. | ||
| That is all in jeopardy now. | ||
| And this is the situation. | ||
| I'll tell you what. The deficit, the debt, the Federal Reserve, it's all structurally linked. | ||
| And what we're trying to do here with the Dave Bratz, who's going to join us tomorrow, and the Steve Cortezus and the Philip Patrick's and others, is make sure these are teaching moments because they've never wanted the working class and they've never wanted the middle class to really understand how this is all interconnected. | ||
| In ignorance, it's their benefit. | ||
| And we're going to make sure that that's not, that you're an active participant. | ||
| When Philip talks about the full faith in credit, remember, he talked to either bankruptcy or lose the prime reserve currency. | ||
| We have a creditors committee, as you have in any bankruptcy. | ||
| You are the chairman of the creditors committee. | ||
| Philip, it just broke. | ||
| I want to get your response. Let's hear McCarthy, and I will tell you, I think it's the best I've ever seen McCarthy. | ||
| He had a meeting at the White House today, the opening salvo, and this negotiation on the debt ceiling. | ||
| We've told you now for a year this was going to happen. | ||
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unidentified
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Let's go ahead and play it. I'll tell those parents right there, that's why I'm here. | |
| That's why I'm here to make sure their children do not have and continue this debt. | ||
| If you just look, if we continue the trajectory that we're on in the next ten years, we'll spend eight trillion dollars just on interest. | ||
| Eight trillion dollars just on interest. | ||
| What that means, though, too, because of the spending that has been going on, is that's why you have inflation. | ||
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unidentified
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America's strength will shrink it. | |
| Everyone has always said it doesn't matter what occupation you're in, whether you're U.S. general or not, the greatest threat to America is our debt. | ||
| Our debt is now at 120 % of GDP, meaning our debt is larger than our economy. | ||
| This is higher than at any time in American history. | ||
| And it's higher at any time in American history when the revenues that are coming into government are higher than any other time. | ||
| So, we've got a lot of revenue, we just have a spending problem. | ||
| And that's where I want to find that we can find common ground. | ||
| Mr. President, can you commit that the U.S. will not default on its obligations? | ||
| If I look at anything, and you want to equate this, if you have a child and you give them a credit card and they spend that limit, you're responsible for paying that credit card. | ||
| But the responsible thing, too, is going forward, not just raise the limit, but look at how you're spending. | ||
| You know, I look at Chuck Schumer... | ||
| He's never passed a real budget. | ||
| He's never passed any appropriation bills. | ||
| But he puts a $1.7 trillion omnibus coming through. | ||
| The American public doesn't want that. | ||
| This is their hard-earned money. | ||
| They don't want government to take more of it. | ||
| They don't want it to waste it. | ||
| So now is a moment in time. | ||
| We've got five more months. | ||
| I've just walked out having an hour conversation with this president that I tell you in perspective was a good conversation. | ||
| No agreements. No promises except we will continue this conversation. | ||
| I want to continue it on behalf of the American people, on behalf of the parents, on behalf of every taxpayer here, that we put ourselves on a trajectory that makes America stronger, secure, and balanced. | ||
| Look, I think, Kevin McCarthy, Philip, I want to bring you in. | ||
| By the way, we're going to get Andy Biggs. | ||
| Andy Biggs is going to be able to join us here for a couple of minutes to talk about this impeachment move today. | ||
| Philip, you and I are dead-enders. | ||
| We're hard-liners. We want to see the model first. | ||
| But I think Kevin McCarthy, I think he did well today. | ||
| That was really a brilliant way he summarized coming out of the White House, sir. | ||
| Yeah, I was very, very impressed. | ||
| He talked the talk today. | ||
| Let's see if he walked the walk, right? | ||
| We've seen the Republicans back down in the past. | ||
| This is one fight that they cannot back down from. | ||
| And we can't either. | ||
| I want to say one thing if I have a minute, right? | ||
| People look at the Federal Reserve and hope that they have their best interests at heart. | ||
| The Federal Reserve is not looking after our best interest. | ||
| They want stability for the financial system, for banks, for insurance companies. | ||
| Now, if our lives are better in the meantime, then great. | ||
| But if not, it's too bad, right? | ||
| You know, I'm not saying the system is rigged here, but what everyone has to understand is the system doesn't care about people. | ||
| We're irrelevant. We are numbers on a spreadsheet. | ||
| We can't trust the Federal Reserve to look after our own financial stability. | ||
| It's down to us as voters to go out and fight the fight. | ||
| It's down to McCarthy to stand firm. | ||
| If they don't, it's going to be a disaster. | ||
| The one thing he didn't say is, if my child has a credit card and is spending money, I take that credit card out of my child's hand. | ||
| And that's what we have in the White House. | ||
| It's got to stop. He did a great job. | ||
| He's just got to back it up now. | ||
| No, no, you've got to cut it up. | ||
| We've got a couple of minutes here, and I'm going to ask you, because I've got to get Boris in, I've got to get Bigson, but I need you to hang around. | ||
| Real quickly, McCarthy just reiterated something you said, and I want to make sure we get this construct out there. | ||
| The total debt now is 120 % of GDP. That has always been a specific line. | ||
| Tell us why that is so important, why you focused on it and why McCarthy obviously briefed about it, focused on it too, sir. | ||
| What is everything, right? | ||
| Is how much money do we bring in versus how much money do we spend? | ||
| I mean, that's the basics. | ||
| It's a P&L for the country, right? | ||
| And if you look at these disaster stories, I mentioned Mozambique, Angola. | ||
| Oh, gosh, my brain just died there. | ||
| Argentina, right? You look at their numbers, they're similar to the United States today. | ||
| I mean, it's bananas to think that we've put ourselves in a position. | ||
| It's the most important thing. | ||
| And we've gotten ourselves into a terrible situation, Steve. | ||
| And like I said, the only thing that is allowing us not to go that route is global reserve currency status. | ||
| But the more money we print, the more we devalue, we lose that, we go the route of Argentina. | ||
| That's it. The third aspect of ours is getting into the details. | ||
| The third free chapter of this is going to explain to the audience Not just what global reserve currency means, but what happens when you lose it. | ||
| Okay, we're gonna take a short break. | ||
| We're gonna come back. We got Congressman Andy Biggs. | ||
| There's a move now to impeach Mayorkas. | ||
| We got J.D. Vance endorsed President Trump today, but had a detailed discussion about this op-ed he has in Wall Street Journal about Ukraine. | ||
| Boris is going to join us about that. | ||
| Also, they had a gaggle, what they call a press gaggle. | ||
| With one of the White House counsel, the guy assigned to the Biden Top Secret Crimes Unit in the White House. | ||
| He had a press gaggle. | ||
| It didn't go particularly well. | ||
| We're going to get to all of that. | ||
| Philip Patrick's going to hang around. | ||
| We've got a lot more questions on the economy. | ||
| Make sure you go to birchgold.com slash band. | ||
| You get all the information right now. | ||
| Short commercial break. | ||
| Be back in the warm in just a moment. | ||
|
unidentified
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Let's take down the CCB! Secretary Moircus, we reached out. | |
| I assembled about a dozen sheriffs. | ||
| We met in El Paso. We sat down with the secretary. | ||
| We gave him a 16-point action plan to share, to look at what we thought were common sense, humanitarian and public safety, national security objectives built within that. | ||
| Never heard back. I asked the secretary where that plan was, what they were going to do with it. | ||
| He asked me what plan. | ||
| So, long story short is, we've never got a response back from the Secretary. | ||
| Last year, over 300,000. | ||
| He's got a new program designed just for four nations, Cuba, Haiti, Nicaragua, and Venezuela, that'll bring in up to 360,000 people for parole, and those two programs alone. | ||
| He has allowed the non-detained docket to grow to approximately five million people. | ||
| It's just under five million people right now. | ||
| He created new categories for ICE priorities. | ||
| That's just in the policy segment. | ||
| Now I'm gonna let other people talk and I will then when I come back up I'll finish off why this is obviously intentional. | ||
| I'll talk about his statements that he's made. | ||
| I'll talk about the numbers and how those relate to this and I'll talk about The ongoing programs that he's put in place to facilitate illegal immigration. | ||
| That's why I say Secretary Mayorkas must be impeached. | ||
| The founders said that you have impeachment for high crimes and misdemeanors. | ||
| That's constitutional. And they defined high crimes. | ||
| They didn't say you had to be convicted of a felony. | ||
| What they said is you have a public official who has violated public trust. | ||
| And there's nobody who typifies that more, in my opinion, than Secretary Alejandro Mayorkas. | ||
| Okay, Congressman Andy Biggs joins us. | ||
| We thank you, Congressman Biggs, for doing this. | ||
| Look, here's a question. You've got the Select Committee on China. | ||
| You've got the Oversight Committee starting to blow people up. | ||
| You've got Judiciary Committee. | ||
| You've got Homeland Security. | ||
| You've got investigations. People have got their lanes. | ||
| They've agreed to jurisdiction. | ||
| You've got hitters on every one of these. | ||
| You've got firebrands on every one of them. | ||
| They're starting these investigations. | ||
| You know about prosecutions. | ||
| You're a tough lawyer. The first question, are you jumping the gun? | ||
| Should there be an investigation or is it appropriate and proper to kind of cut to the chase like it appears like you're cutting? | ||
| Because this is pretty dramatic and pretty powerful. | ||
| In the opening days of the 118th Congress, you're actually putting forward legislation now to impeach or a move to impeach a sitting cabinet member, sir. | ||
|
unidentified
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Yeah, Steve, this is actually the way that this triggers the impeachment inquiry for the Judiciary Committee. | |
| So this legislation should be assigned to the Judiciary Committee and then we should just get rolling on this in the Judiciary Committee to actually have an inquiry. | ||
| My guess is that this will be assigned to maybe a subcommittee of the judiciary. | ||
| We'll start looking at it and accumulating the evidence that's there and then prepare to make our case to the committee. | ||
| I don't think it's jumping the gun, Steve. | ||
| I mean, we can't wait much longer. | ||
| I mean, he's caused five million people to illegally enter the country in two years. | ||
| We wait another two years. | ||
| We wait to really get going on this. | ||
| Who knows? You're going to be looking at eight to 10 million people in the country illegally on top of the 30 some odd million that are already here illegally. | ||
| You believe, so walk us through the technicalities of this. | ||
| By doing this itself, does it automatically get assigned to judiciary? | ||
| Does it automatically, does Jim Jordan then farm this out and create a subcommittee or put it into a subcommittee and things start to roll? | ||
| Or do you need more votes? | ||
| Walk us through the mechanics of what happened. | ||
| Because look, this audience more than any understands there's an invasion on the southern border. | ||
| And this was not by looking the other way. | ||
| This was actually went around and went around. | ||
| The existing laws on the books of the United States of America. | ||
| What are the mechanics of how this actually works? | ||
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unidentified
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By having legislation, this will get assigned to a committee. | |
| The committee will be judiciary. | ||
| The normal process would go to judiciary. | ||
| The same thing with Fallon's impeachment bill as well. | ||
| Those go in there. | ||
| At that point, Jim Jordan, who is the chairman of the Judiciary Committee, will decide how he wants to proceed. | ||
| He may want to have a series of hearings of the entire committee. | ||
| He may say, look, we've got a subcommittee he wants to bring that forward. | ||
| Maybe it's my subcommittee on Homeland Security because some of those issues fall into mind. | ||
| It may be Tom McClintock of California's Subcommittee on immigration because it deals with him. | ||
| It may be on Thomas Massey's administration subcommittee. | ||
| But the point would be Jim would get the ball rolling. | ||
| Chairman Jordan would get the ball rolling and determine how he wanted to proceed, whether it's a full committee or subcommittee. | ||
| And then we'd go through, have the hearings. | ||
| We'd work with our specific council, which has been, by the way, Steve, we've really revved up Counsel and staff on both the Oversight and Judiciary Committee so we can handle stuff like this. | ||
| And then we go forward from there. | ||
| And if the Judiciary Committee comes back with almost like a grand jury true bill, but if we came out and voted to forward that resolution to the whole body, then we go to the floor of the House and begin having those big hearings and Speaker McCarthy would do something at that point to create members of a special committee to go on the impeachment of Alejandro Mayorkas. | ||
| Do you believe, you just gave this very powerful presentation outside the Capitol at the mics, do you believe today that you have the information that you need, that if you had to, you could present where he's subverted the existing laws of the United States, broken the laws of the United States to effectuate this invasion that would lead to impeachment? | ||
| Do you think you have that now? | ||
| Do you think you need hearings and further investigation to get there? | ||
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unidentified
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I think I have the evidence. | |
| I've seen enough evidence to be convinced, and I think we could present that. | ||
| But to provide due process, I mean, he has to be able to come in and try to rebut that. | ||
| He tried rebutting that a little bit this morning on some, like NBC, MSNBC, something like that this morning, and it was woefully weak. | ||
| And I think that we can, I am convinced that if we were allowed To proceed and go forward, we'd get additional information and present that. | ||
| It would have to be done, in my opinion, in a legal format, and I think I've got that, but we want to get more. | ||
| We want more. Do you believe, let's talk about that process and the information, and others we already see where they're, as we say, going to the mattresses. | ||
| Do you believe that the administration is prepared, given the information you're going to request, subpoenas you might have, That they're prepared to turn over this information so that you can have a full inquiry, sir? | ||
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unidentified
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No. I think what they're going to do is they're going to try to slow-walk everything and run out the clock. | |
| That's why we ultimately will have to issue subpoenas on this. | ||
| Failure to adhere to the subpoenas will ultimately result in contempt of Congress, I believe. | ||
| But one thing that happens, Steve, is most of the time a threat of a subpoena is enough to get a volunteer uh, deposition or closed door interrogation. | ||
| Do you think this process, there'll be whistleblowers coming forward, people that actually saw the law being broken and worked in some of these planning sessions? | ||
| I mean, some of the stuff they're doing now with humanitarian, parole, all these things, as Todd Benzman's walked through many, many times, they've worked diligently to subvert existing U.S. laws. | ||
| Do you believe you'll get whistleblowers and other people coming forward that'll be able to back up some of these charges? | ||
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unidentified
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Yes, I've already had people approach me. | |
| I had people approach me several months ago even, and I've just been waiting to approach them for the right time and moment. | ||
| Do you think that this freezes? | ||
| Do you think the Biden regime will know that they're on notice now and this will freeze? | ||
| Because what they've put in place right now is to even have more, you know, we had a record number in December, had a record number in November, had a record number for the year last year that broke the record that was the record the year before. | ||
| Is your intention and do you believe that the threat of this in and of itself and the public exposure of this will freeze these guys in place or do you think they're still going to try to do workarounds? | ||
|
unidentified
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Well, what we're hoping is that Secretary Mayorkas will have the integrity to resign and that the Biden administration, whoever they picked to act in his stead, would begin taking the appropriate response to slow down the flow of illegal migration. | |
| We know that we're fighting an administration that believes in an open border. | ||
| They believe in an open border because they don't like the Westphalian nation state. | ||
| They believe in an open border because they want to change permanently the culture of the United States of America. | ||
| They don't like the United States of America. | ||
| Any myriad of reasons that they want to open up the border. | ||
| We hope that by going this way that we will actually slow them down, number one, in their process and that we can also generate enough material to convince even If it's a handful of Democrats, then you have to close the border. | ||
| Right now, they're in total denial. | ||
| We had a hearing today in Judiciary Committee. | ||
| They still don't think it's an issue. | ||
| And so we have to convince them. | ||
| And the way to do that, I think, ultimately is going to be Secretary Mayorkas has got to be held accountable for what he's done. | ||
| And if he is held accountable, then they have to, with undenying, they cannot deny any longer what the reality is. | ||
| Congressman Biggs, can we hold you for a minute or two after we take a break? | ||
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unidentified
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I am sorry. I have got a meeting, Steve. | |
| That starts at 5.30. We will get other things. | ||
| How do people get to you? | ||
| I want people to get access to you about what's going on. | ||
| We'll have you back because there's a lot more questions. | ||
| Where do people go to get more access to Andy Biggs? | ||
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unidentified
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Biggs.house.gov should have copies of everything, including our presser today. | |
| Also, at RepAndyBiggsAZ. | ||
| On most social media. | ||
| Congressman Biggs, one of the magnificent six. | ||
| Congressman Biggs, you committed to the American people where you're going to do it, and you did it. | ||
| Action, action, action. | ||
| Honored to have you on here, sir. | ||
| Honored to know you. Congressman Andy Biggs, the impeachment process of Mallorca has kicked off. | ||
|
unidentified
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Short break, Philip Patrick drumming the other side. | |
| How long was it planned for? | ||
| Were there any parameters for the search? | ||
|
unidentified
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You said they searched everything on the property. | |
| And then the other question, was there any reason to believe that anybody else in the Biden family would have also had access to the same document? | ||
| Yeah, I'm not going to speak to sort of the negotiations or discussions or collaborations between the president's personal attorney and DOJ in establishing the search. | ||
| We're cooperating fully with the Justice Department. | ||
| We're cooperating fully with the Justice Department and ensuring that they have access to the House, the Rehoboth House today, the Wilmington House previously, to be able to do a thorough search. | ||
| And it's because the president is moving quickly to get them access to the information that they need so that they can move forward with a thorough review that's thorough and that's done efficiently. | ||
| Zolan? Follow up on the handwritten notes. | ||
| Is the White House aware of what specific, what they actually are and what they contain? | ||
| You were saying they may say something about his time as Vice President. | ||
| What level of sensitivity might be contained in those handwritten notes? | ||
| I'm just not going to be able to speak to the underlying contents of what the Justice Department may be looking at as part of their ongoing investigation. | ||
| But look, I'll say again, you know, as they move forward with this investigation, the president, his attorneys, the White House certainly are going to be fully cooperative with that. | ||
| We're following their lead to ensure that they have what they need in order to conduct a thorough review. | ||
| Have they told you specifically? | ||
| I'm not going to speak to the DOJ. What is the total number of documents bearing classified markings that have been turned up as part of your That's a good question. | ||
| I think that that's probably a more appropriate question for the Justice Department. | ||
| I don't want to characterize sort of what they're reviewing and how they're going through all that. | ||
| Okay, this was what's called a press gag. | ||
| It was outside the White House today. | ||
| That is the member of the White House Counsel's Office that has put kind of full-time on what I call the Top Secret Crimes Unit. | ||
| Phillip Patrick, here we go. | ||
| I just want to make sure you can put this in perspective because it's not your first rodeo. | ||
| We have a, and by the way, the concept is called This Time It's Totally Different. | ||
| There's a famous book, I think it's a Harvard economist, Kenneth Rogoff, and you got Roubini too, but these guys are specialists in debt. | ||
| And the whole concept, whether you're in Rwanda or Argentina or, you know, Weimar Republic, you know, they always say, well, you know, when total debt gets greater than your GDP, this time it's totally different because we're doing it a different way. | ||
| The United States is 120%. | ||
| That's not a flashing red light. | ||
| That's a fire bell in the night. | ||
| So you have this, and we've just started the negotiations. | ||
| You have a debt crisis. | ||
| You have rising interest rates. | ||
| This interest rate situation that costs $800 billion in interest payments now in this debt. | ||
| You clearly have a financial and an economic crisis because the economy is not pulling out of this thing. | ||
| It's going in the opposite direction. | ||
| You have a war in Ukraine that the United States, the Biden regime that has this debt crisis, at the same time they are pushing a major escalation. | ||
| To bring in tanks, which are just not a weapon system. | ||
| It means a totally different type of warfare. | ||
| They want to have a combined arms, major ground war to take back, to liberate Crimea. | ||
| That's where we're at to liberate Crimea now, where they now know they're lying to us, and there's 700,000 Russian troops on the border about to pour in and destroy the part of Ukraine they haven't already destroyed. | ||
| At the same time, brother, you have the FBI And I understand they played nice, but you had the FBI essentially raided... | ||
| The house of a sitting president today. | ||
| That's not a private attorney. | ||
| That is a guy that you pay, your tax dollars pay, this White House counsel, Grundun, that's out there every day now deflecting things. | ||
| And the mainstream media, for the first time, because they realize there's a story here they can't hide anymore or all over him. | ||
| We could have played the whole gaggle and it was kind of a disaster. | ||
| How does that add up? | ||
| When they said that Trump, Philip Patrick, were the force of instability, How does this look to global capital markets right now, sir? | ||
| I mean, let's look at the numbers under the Trump economy and now let's look at the Biden economy, right? | ||
| Debt to GDP is absurd. | ||
| Listen, typically we want it around the 77 % level. | ||
| According to Reinhart and Rogoff, anything over 90%, we're in big, big trouble. | ||
| We're over 120 today. | ||
| But it's not just debt to GDP. It's every other possible indicator. | ||
| We mentioned the inversion of the yield curve, probably the most accurate indicator of recession, basically the 2 and the 10, and every short-term paying more than long-term right now. | ||
| We've got price-to-earning ratios just We've got this just ticking time bomb of a national debt. | ||
| It's disastrous all the way around, right? | ||
| And then you've got the Biden administration saying, look, GDP up 6.8 % last year. | ||
| We're doing well. Inflation for last year, exactly 6.8%. | ||
| I mean, the U.S. economy right now is a hamster wheel, and it is an absolute disaster. | ||
| No matter what the liberal media, the Biden administration try and distract us with, the realities, the fundamentals, the numbers, are an absolute disaster. | ||
| And now we're trying to fund a war in Ukraine. | ||
| They're fighting the Republicans about having a blank checkbook to continue spending. | ||
| It's just gotten completely out of control. | ||
| The intensity is only going to increase. | ||
| Okay, for birch gold, two things. | ||
| I want to make sure you get access to go see about having a precious metals-backed retirement, right? | ||
| IRAs, 401Ks, but I want you to talk to the experts. | ||
| In addition... I want you to get everything we're talking about the U.S. dollar because we told you the politics of money is coming back. | ||
| That was the very first chapter we did. | ||
| You need to get immersed in this topic because it's going to drive so much of the conversation. | ||
| Go to birchstow.com slash Bannon. | ||
| You can get an expert, Philip, and you can also get everything we're putting out about the currency that you need to understand. | ||
| Philip, how do they get and talk to an advisor over there? | ||
| Because I want to make sure people get access to it. | ||
| Yeah, it's very simple. | ||
| So for the information, birchgold.com slash Bannon, you'll get an information kit. | ||
| We'll reach out. They can call us directly, 800-355-2116. | ||
| They get access to, you know, somebody like myself there at Birch. | ||
| It's all about information. | ||
| Listen, we can help protect retirement accounts and everything else. | ||
| The dollar empire stuff, though, that's building your knowledge base. | ||
| That It makes you understand what's happening. | ||
| It makes you understand the system. | ||
| And that's important because that can help with the bigger picture stuff. | ||
| It'll push people to go and vote for people that represent their interests. | ||
| It's really important to gain as much knowledge as you can. | ||
| We can provide that on precious metals, IRAs. | ||
| Your guides, your reports, Steve, really give people the context for it. | ||
| So both of those together, really powerful information. | ||
| And it's all free, so go there now. | ||
| By the way, I'm going to announce right now I'm going to start talking to Philip Patrick about joining us at CPAC Live so you get to meet him. | ||
| Philip Patrick, I know it's hard to get you out of LA, sir, but we'll work on it somehow. | ||
| Philip Patrick, thank you so much for coming on, brother. | ||
| Appreciate it. Thank you, Steve. | ||
| So much in the economy and global capital markets. | ||
| Boris had to bounce, but I want to play a package we put together from a little bit of this morning and President Trump. | ||
| Let's go ahead and play the package of J.D. Vance. | ||
| One of the most important pieces, I'm quite frankly kind of shocked that G. Joe and the guys at the Wall Street Journal Trump's best foreign policy is not starting any wars. | ||
| Now there's two-fold here. | ||
| The headline today is you're endorsing, I guess, President Trump out of the box, and you lay out this case, but there's a lot here I want to cover. | ||
| So let's get, you're endorsing President Trump? | ||
| That's right. Endorsing President Trump, obviously his support was very helpful to us in both the primary and the general election in Ohio. | ||
| But importantly, the case that I lay out here is it's really about policy. | ||
| In particular, you know, we often talk about Trump's domestic policy achievements. | ||
| But the foreign policy is the most important part because that's where the blob is most corrupt, that's where they're most wrong, and that's where they're most destructive. | ||
| I think the mainstream media tells me all the time that he was dangerous. | ||
| He's not statesmanlike, as you mentioned in your article. | ||
| He's uncouth. | ||
| MSNBC, CNN, Fareed Zakhar, they – It's pearl-clutching nonstop about his style, sir. | ||
| They're obsessed with his style at the very same time that his substance is actually the most cautious and the most careful foreign policy we've had in this country in a generation. | ||
| Just think about this. From my perspective, Steve, I graduated from high school in 2003. | ||
| I enlisted the United States Marine Corps. | ||
| George W. Bush was president. | ||
| Since I've been an adult, you had two separate two-term administrations, Bush and then Obama, start four separate wars, none of which were successful for this country. | ||
| Trump comes in and actually one starts to decouple from China, another great foreign policy achievement. | ||
| But more importantly, he doesn't start any new conflicts, and he starts the process of diplomacy with these regimes that people said, you can't talk to these guys. | ||
| And Trump came along and said, well, why can't you talk to them? | ||
| It's sure as hell better than letting us completely stagnate our relationship with these regimes and potentially lead to further conflict down the road. | ||
| So I think what he accomplished there is actually the most important part of his presidency. | ||
| And by the way, it's why they hate him the most. | ||
| If you really go to this, This is why the D.C. establishment hates the guy, because they make a lot of money from broken American foreign policy. | ||
| If we can fix it, we'll save a lot of American lives. | ||
| We'll also empty their pocketbook. | ||
| A major disaster is brewing. | ||
| If I were president, the Russia-Ukraine war would never have happened, never in a million years. | ||
| But even now, if I were president, I'd be able to negotiate an end to this horrible and rapidly escalating war. | ||
| Within 24 hours, it can be done. | ||
| You have to say the right things, not the wrong things. | ||
| I think we helped lead Russia into that war by saying, well, if they took a small part of the country, that would be okay. | ||
| Such a tragic waste of human life. | ||
| When you look at all that's happening there, those cities are obliterated. | ||
| First comes the tanks. | ||
| And then come the nukes. | ||
| Get this crazy war ended now. | ||
| It can be done. | ||
| And in fact, it's easy to get done. | ||
| When I'm president, we will be a strong country again. | ||
| People will never be playing these games like they've been doing to the United States of America. | ||
| They don't respect us anymore. | ||
| They respected us greatly two and a half years ago. | ||
| They don't respect us anymore. | ||
| Thank you very much. | ||
| The argument often made is that if Putin marches through Ukraine, that he won't stop until he reaches Berlin. | ||
| Well, number one, isn't that the problem of the Germans? | ||
| And number two, the Germans sure as hell aren't acting like they're worried about Vladimir Putin. | ||
| Why are we so worried about what he can do instead of worrying about our own national interest? | ||
| Okay, this is having a big impact. | ||
| What J.D.'s doing, what President Trump's doing, the headline today in the Financial Times, Brussels press to rein in promises fueling Ukraine's fast-track EU hopes. | ||
| This is the whole thing of the provocation about adding Ukraine to NATO and adding Ukraine to the EU. And what J.D.'s talking there is what President Trump wanted to turn NATO From a protectorate, which it is now, the United States puts up virtually all the money. | ||
| We provide all the troops. | ||
| We're the great guarantor of European security to basically have the European nations pay 2 % of their GDP, which I think we pay 3.5%, 2 % of their GDP, which they committed to in 2014 after the Ukraine government fell. | ||
| The democratic government was overthrown. | ||
| It was Putin-link. | ||
| Don't get me wrong. They were not good guys. | ||
| But that democratic-elected government was overthrown. | ||
| NATO then committed to do 2%, which they did not do until President Trump came to office and President Trump forced them to meet their commitments. | ||
| It's not serious enough if the Russian thing is such a big deal. | ||
| Why is NATO? Why are the nations right there, the frontline nations, not meeting their commitments? | ||
| Now again, you get a Poland or you get a Latvia. | ||
| I'm talking about Germany and France and the United Kingdom. | ||
| The United Kingdom admitted the other day they could put forward one combat division, one combat division. | ||
| This war will be fought with American money, American capital, American weapons, American troops. | ||
| That's what's going to happen, and that's why President Trump came out today. | ||
| Like he said the other day, he could bring this to a conclusion in 24 hours peacefully. | ||
| You need a dealmaker who has strength and people fear, and Putin and these guys fear him. | ||
| Okay, short commercial break. | ||
| We're going to have, how do I say this? | ||
| Something very upbeat, very positive, a very special guest in the house, in the war room. | ||
| Next. It's all started. | ||
|
unidentified
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Everything's begun. | |
| And you are over. | ||
| Cause we're taking down the CCP! | ||
| Spread the word all through Hong Kong We will fight till they're all gone We rejoice when there's no more Let's take down the CCP! | ||
| It's arrived! The new social media taking on big tech, protecting free speech, and cancelling cancel culture. | ||
| Join the marketplace of ideas. | ||
| The platform for independent thought has arrived. | ||
| Superior technology. | ||
| No more selling your personal data. | ||
| No more censorship. | ||
| No more cancel culture. | ||
| Enough. Getter has arrived. | ||
| It's time to say what you want, the way you want it. | ||
| Download now. I love when he moves and people say he can't move! | ||
| Do it tonight or die over this city! | ||
| I believe right now, as we play from this place, the revelation of Jesus is gonna go like lightning into their hearts, into their homes, into their cars! | ||
| What started with a remnant small Gideon's army on the Golden Gate Bridge in San Francisco in July of 2020 has now gone viral across America. | ||
| We have taken lettuce worship to over 170 cities across the nation, gathered hundreds of thousands, seen tens of thousands saved, healed, delivered, set free, and the heart of the nation awakened again. | ||
| This is the season to dream even bigger with God as we take the momentum of what He's done the last two years And we bring Let Us Worship to every single state capital across America. | ||
| As I'm standing here in the U.S. Capitol, I am declaring today the breakthrough that we've seen here over three years of gathering for Let Us Worship, we are now going to bring to all 50 states. | ||
| Beginning in 2023 and 2024, I am so proud to announce that Let Us Worship will be going to every single state capital across America. | ||
| Just like we see Jesus tell the disciples to pray that thy kingdom come, thy will be done on earth as it is in heaven. | ||
| We believe this is the season to bring the kingdom to the capitals across America. | ||
| Join with us over the next two years as we journey to see the fires of revival burn in every single U.S. Capitol. | ||
| This is a monumental and ambitious dream that God has given us and we cannot do it without you. | ||
| Now is the time. | ||
| Let us worship. | ||
| The one and only Sean Foyte joins us. | ||
| You have been such an inspiration to so many people around the country. | ||
| You've got a major new project. | ||
| You're announcing it here. Walk us through. | ||
| Tell the War Room Posse what you're going to do. | ||
|
unidentified
|
Yeah, it's wild. It's ambitious. | |
| It is something only God can call us to do. | ||
| We're taking Let Us Worship, this movement that we've had across America. | ||
| We've gone to 170 cities. | ||
| It was born in the pandemic. And we're taking it in 2023 and 2024 to all 50 U.S. state capitals. | ||
| So picture this, thousands of people gathering in every U.S. Capitol going from state to state and it's going to be phenomenal. | ||
| I don't know if anything like this has happened that I've heard about in American history. | ||
| By the way, you're partnering with Charlie Kirk and the great guys over at Men and Women, over at Turning Point to do this. | ||
| So 2023, 2024, you're going to do all 50 state capitals, 25 each year roughly? | ||
|
unidentified
|
Yeah, probably about 25. | |
| We'll focus predominantly on the super blue and the super red in 23 and then we'll move to the purple in 24. | ||
| The swings. Are we in a spiritual war? | ||
|
unidentified
|
1,000%. That's exactly why we're doing this. | |
| I think that, you know, it says in the Bible, you know, battle isn't against flesh and blood. | ||
| And I can tell you, I come to D.C. quite often. | ||
| And today we were worshiping actually on the rotunda floor inside of the Capitol. | ||
| And you can feel it, man. | ||
| It's like a real, it's a real battle. | ||
| It's a real spiritual battle that we're in. | ||
| And I think it's time to rise up. | ||
| When you say you can feel it, what do you mean by that? | ||
|
unidentified
|
You can feel, I can feel that things have changed. | |
| I'm actually really optimistic. | ||
| Tell people that because they need to hear that. | ||
|
unidentified
|
Yeah, I am. I am. | |
| I mean, we've been doing stuff. | ||
| Listen, we've had the largest gathering in the church in Washington, D.C. for the last three years in a row. | ||
| We've had it on the National Mall. | ||
| It's been difficult. | ||
| The last two years especially, not just the permitting and the process and jumping through all the hoops, but spiritually, you felt a lot of resistance. | ||
| There's a weight. | ||
| There's an oppression. There's a heaviness in this town. | ||
|
unidentified
|
But something happened with this whole regime change in the house. | |
| And I don't even know. | ||
| I'm still like processing it. | ||
| But today I was walking through the Capitol with my guitar. | ||
| We were worshiping. We were singing. | ||
| No one was stopping us. | ||
| There was no red tape. | ||
| It's definitely a new day here. | ||
| You can feel it. We only got a couple minutes, so I need people to, because I try to tell people this. | ||
| There was like this heavy blanket. | ||
| There was something on top of this. | ||
| There was a spiritual force that was pressing things down. | ||
| It's not all the way lifted, but you can definitely feel that there's an energy here that was not here before. | ||
|
unidentified
|
Yeah, there's a crack. | |
| There's starting to be, I feel like we're coming into a season where it's like there's some light breaking through, you know, and it's enough to actually give a lot of hope. | ||
| And, you know, we've been meeting with members today of Congress, senators, and everyone has this kind of expectation about this. | ||
| How do people get to your content? | ||
| The music's amazing. You're drawing young people into this. | ||
| You've got to be, people need to find out more about you, about your ministry, and particularly your music. | ||
|
unidentified
|
Yeah, so they can obviously search my name on iTunes or Spotify or anywhere music is downloaded or streamed, Sean Voight. | |
| You can also go to my website, seanvoight.com. | ||
| If you want to find more about this Capitol tour, we're calling it Kingdom to the Capitol, bringing the kingdom of God to the Capitol. | ||
| Every Capitol across America, you can go to kingdomtothecapital.com and we've released the first nine cities. | ||
| We're starting out in Baton Rouge, Louisiana in March. | ||
| And then we're going, I think, Mississippi, Alabama. | ||
| Then we're coming, you know, Little Rock, Nashville, Jefferson City, Missouri. | ||
| Then we're going to swing, I think, Oklahoma City, Austin, and Topeka. | ||
| Well, we will cover this. Sean, thank you so much for coming here. | ||
| Thank you for coming back to the Capitol. | ||
| Yeah, thank you. Major kickoff in March. | ||
| Kingdom to the Capitol with our buddies over at Turning Point. | ||
| Fantastic. And you're right. | ||
| There's something, there's a negative energy that's being lifted off. | ||
| Yes. Okay. Hour two. | ||
| We're going to have Naomi on the Report 54 that blew everybody's head up about Pfizer and what actually happened. | ||
| We're going to start. We're going to go to Memphis. | ||
| There may be an element to this case that people are not talking about. | ||
| Michael Patrick Leahy from the Tennessee Star. | ||
| I think breaking some pretty big news in Mr. | ||
| Nichols' death. Short commercial break. | ||
| Dave Walsh will be back. | ||
| We got Joe Allen on artificial intelligence. | ||
| Naomi Wolf on the vaccine. | ||
| Stick around. Hour two in the war room. | ||
|
unidentified
|
Be back in a moment. We rejoice with a long war! |
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