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Feb. 7, 2023 - Bannon's War Room
48:53
Episode 2501: Snuffing Out The Corruption Of The Fed
Participants
Main voices
r
richard stern
07:52
s
steve bannon
22:07
Appearances
b
boris epshteyn
03:39
n
nicolle wallace
01:08
Clips
j
jake tapper
00:10
j
joe scarborough
00:49
| Copy link to current segment

Speaker Time Text
steve bannon
He is the primal stream of a dying regime.
unidentified
Pray for our enemies, because we're going medieval on these people.
steve bannon
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've tried to do everything in the world to stop that, but you're not going to stop it.
It's going to happen.
jake tapper
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
Ask yourself, what is my task and what is my purpose?
steve bannon
If that answer is to save my country, this country will be saved.
unidentified
War Room, here's your host, Stephen K. Bannon.
joe scarborough
What they have to say, Chris Matthews, you look at these polls, I don't even pay attention It's like, you know, 3.5 % of Americans say that Joe Biden's done something, and 97%, I mean, I'm exaggerating, but the polls are so bizarre when you look at how historic, and even Republicans, even Newt Gingrich would say this, Joe Biden has had historic success.
Considering a 50-50 Senate, he's accomplished great things.
That message is not getting out there.
And I'm not just putting that all in the White House.
Hey, what do you do if you're Joe Biden to say, look at what we've done.
And now look at what we're facing in the next two years with these insurrectionists that I got to work with.
unidentified
Well, he's got an audience tonight, and he's got to use it.
And like he's been doing it for the last three or four weeks, he's been to the bridge across from Ohio to Kentucky, the Baltimore Tunnel, the Gateway Tunnel, the new one across the Hudson.
He's talking about places that put 20,000 to 30,000 people to work.
He's talking about people working people.
who don't have college degrees.
They make a big point of that. They said this bridge will be built by people without college degrees.
They're really trying to get back to the working class.
This is a battle for union members.
It's a battle for working people that didn't go to good schools or fancy schools or anything like that.
And they're trying to win them back.
He has to win the working class chunk of the vote.
They've got to take it back.
And I think that's what he's going to do.
I mean, David Garth, you know, I don't know why Trump never listened to this.
He's a builder. Why has he not built anything in this country?
No infrastructure program, no building.
David Garth in New York, the great media advisor, you know him, he said, Replace the smell of decay with the smell of construction, moving dirt, putting up buildings.
The public likes that.
They know all this stuff is rotting.
All these subway systems and bridges are falling apart.
They know it has to get done.
Biden's doing it. I think it's going to be a battle between building and bullying, because that's the next election, probably.
It's probably going to be him against Trump, and he's going to be a bully.
And he's got to say, I'm tougher than you because I'm building stuff and you're just bullying.
nicolle wallace
Having been a communications person, I love new words.
Get ready. We're gonna hear this one a few times tonight.
The phrase, finish the job.
We understand from a White House official that President Joe Biden plans on making that phrase, finish the job, a central theme of his State of the Union address tonight.
Specifically, he wants to finish the job he started when he launched his 2020 campaign.
Big, transformational things.
Stuff like elevating the middle class, restoring the soul of the nation, as he so often says, and trying to unite the country.
The president's address tonight will be his first delivered to a divided Congress, after all.
And elected Republicans haven't exactly been discreet about their appetite for broad political vengeance.
They're in charge of House oversight now.
Guess how that committee is spending its time tomorrow.
They're having a hearing.
Having to do with the president's son, Hunter Biden.
And that's just the beginning for them.
We've got at least two more years of this.
And in that way, tonight's State of the Union is an on-ramp to a highway that leads directly, as Ben's been discussing, to the 2024 presidential contest.
steve bannon
Tuesday, 7 February, in the year of our Lord, 2023.
Welcome to the afternoon and early evening edition of The War Room.
I want to thank everybody for joining us.
So we're going to do a live stream.
In fact, President Trump just came out and said he's going to do a live stream over truth.
I think play-by-play commentary.
That ought to be standby for that one, right?
So it's going to be interesting.
I think we're going to pick that up.
The Savage Angels, we're going to do a live stream and commentary.
We're going to figure it out.
We've got to go to the getter site nine o'clock or a few minutes before.
We will somehow incorporate President Trump because President Trump's Because you do not want to miss that.
So there's so much going on today.
I want to bring in Richard Stern from Heritage, the head of their kind of the analysis, analytics, and the Heritage program.
Budget Blueprint, which really is a kind of a master plan of how we get to a balanced budget.
First off, Richard, you've heard that the left wing media is all kind of crestfallen in a fighting mood because these polls are coming out, CBS polls.
And, you know, this is not Trafalgar.
This is CBS, ABC. They're coming out.
And today the numbers are horrific, right?
What do people think that Biden made their life better?
18 percent yes, 50 percent no or 49 percent no.
And they keep touting this amazing economics job that he's done.
You're kind of one of the big brains over at Heritage that thinks this stuff through.
Walk us through, economically, what actually are the accomplishments and where do you think it stands, sir?
richard stern
Absolutely. So I think the first question is, what are the 18 % smoking to think that the economy is doing well, right?
But to your point you were leading into, I love in the intro to your show here, What Biden has done, what his cronies have done, is nothing but actually bully the American people, bully the people that work hard to produce real things in this country, to hire people, to give people incomes.
That's what they've done, right?
When you hear about the size of the debt and deficit of the government, $31.4 trillion, that's $240,000 of national debt per household.
It's America's second mortgage.
You didn't know it, but you've got a second mortgage in the form of the federal debt.
All of that It cripples our economy.
That's why, as much as people are getting jobs right now, their wages are falling behind.
It's why the price of eggs is something that American households are struggling with.
Through and through, the real thing that the left misses, they think that all they have to do is yell at the economy, yell at CEOs, and magically, it'll produce economic activity.
It's not that easy. We all know that.
It takes real hard work, innovation, and the dreams of people That work hard, that build businesses to grow the economy, to produce the goods and services that enrich our lives and allow us to spend our free time with our families.
What the left does, they tax, they regulate, they crowd out private investment money so no one can build a new factory, no one can get a new job.
That's their economic strategy.
It's to have the government moving the dirt around.
It's to have the government building mostly useful structures and bridges to nowhere.
They don't understand that what they're doing is they're starving the American people of the capital they need.
unidentified
To build an economy that works for everyone.
steve bannon
I love that construct of the second mortgage, the $240,000 per household.
If you think about that, too, it's a mortgage with an exploding rate.
I mean, isn't one of the issues here that it's the law of large numbers where it's such a number with the 31.5 trillion plus the 9.5 trillion over at the Fed?
Now you've crowded out and you're having higher interest rates to try to stop inflation.
And that debt is going to explode.
In fact, I think Kevin McCarthy said yesterday roughly, and you would know this, that I think it's $8 or $9 trillion over the 10 years alone just in interest payments.
Did I hear that correctly from McCarthy?
Is that what you guys are projecting?
richard stern
Yeah, absolutely. And in fact, I'll tell you one other thing about that.
So this is I'm not going to shock you on this.
The way the federal government does its budgeting, it hides the ball on most of what's happening.
That's the net interest payments.
Now, you might ask, what's the net doing there?
That's the interest payments out on the federal debt minus interest revenue to the federal government because the federal government pretends to be a banker across the economy.
Student loans are one of those places where the federal government has taken your money, written it out as loans to people, and then collects income off of it.
The total interest payments that we pay out on debt Are actually substantially higher than that.
So that negative interest payment hides the ball in it.
You want to hear a disturbing fact about that?
Total interest payments are likely to exceed defense spending just next year.
And that should shock everybody about the real size and magnitude of this.
steve bannon
Over 800 billion.
By the way, Mercatus, we had this analysis.
When you say net interest payment, the Treasury used to kick in, I don't know, 50 billion, 100 billion.
Because at zero negative interest rates, there was an arbitrage there.
Because of the pandemic and other things, at the $9.5 trillion, Is it because of the inverted yield curve?
Are they sitting on a trillion dollars?
Mercatus calculated, I think, a trillion dollar loss that's got to also start to be paid back in real time.
Do your numbers back that up?
Are you familiar with that one? The net is now going to be even worse because you don't have the positive 50 bay in a year kick in?
You're going to actually have to start paying off the inverted yield curve problem over at the Fed?
richard stern
You're going to love this one. And I love that you brought up the Fed.
The Fed is really, it's the quiet facilitator of all of this.
First and foremost, everybody watching this, you might want to think of the Federal Reserve as kind of some wonky thing off on the side.
It's not. It is the main facilitating engine of the last 14 years of more than doubling the federal deficit and creating this kind of burden that the government has done that has slowed our economy during that time period.
The Trump administration was a small, bright light that dealt with that kind of massive The Fed has put us on as well as the left.
But to your specific point on this, so the way the federal budget works is that that $50 billion you're talking about, they actually have the gall to count it as revenues.
They didn't even have it in the net interest.
So think of it this way.
The federal government pays interest payments to the Fed, which is also part of the federal government, and then the Fed would hand that money back to the Fed, and they would include it in their total of revenues taken in from the economy.
It's a joke. But here's what's not a joke, and you brought this up.
The Fed is, to your point, now losing money on its quote-unquote assets.
And you might ask, how did the Fed get assets?
It printed money, completely devaluing your paychecks and your savings.
Use that printed money that there's no cap on how much they can print and how much they can devalue your savings.
They use that to buy real assets that they're now losing money on.
And so that federal interest payment to the Fed is is now turning into federal subsidies to banking, real private banking institutions on those assets the Fed is losing money on.
So, I mean, this is just one of those kind of cronyisms.
$100-plus billion a year of federal subsidies to banks through the Fed through this scheme that they're running.
I mean, it would be a joke if it wasn't so serious.
steve bannon
Richard, that's what I think.
You know, one of the things we do differently on this show is that we spend a lot of time on capital markets and the economy, international economy, and the audience loves it.
One, it helps, I think, them think through how they personally plan for their lives.
But, you know, this thing, all of this is made obscure for a reason.
They don't want the basic citizen to understand, you know, the fiscal domination process.
Of the legislature in the in the executive branch that that, you know, comes up with these appropriations, but it's funded by a central bank that just keeps hitting.
And, you know, the Japanese insurance companies, the Chinese will buy so much, but the feds there to take care of the rest.
It's a it's a money machine.
That money machine has also led to the concentration.
of wealth as far as assets go.
We have a system that's completely out of whack and with no congressional oversight on the Federal Reserve.
They printed a trillion dollars during the, they call it the triage during the pandemic, with no oversight whatsoever.
What can we do, do you think, as a teaching moment here when you have the appropriations process and the debt ceiling and everything about the Federal Reserve?
What would you recommend for Heritage?
What can we do together to make sure that the American citizens understand exactly what's going on so the decisions are made consciously?
Yes, we understand how this works, and this is what we're prepared to do.
richard stern
What do you recommend? First, I really appreciate that you've taken the time and energy on your show.
I often joke that the monetary system is the quantum mechanics of economics.
It's hard to get into. Most people don't like talking about it.
But it really is where the money's at, literally.
To your specific question, one of the things that we've been looking at that I've really been doing a lot of work on is the idea of actually putting a statutory cap on the assets of the Fed.
So you think of it like the debt limit, but it's a debt limit on what the Fed can buy.
So to kind of recap it, if you think about it, Right now, if the government wanted to take more of your hard-earned money through taxes, you have to have a bill, have to pass the House, the Senate, get the President's signature, have to go through the normal legislative process.
Now, what if the Fed wants to steal your money by printing dollars that devalue your paycheck, devalue your savings, devalue everything you own that's denominated in dollars?
Everything you own probably is denominated in dollars.
They don't have to do any of that.
They just have to, to what you just said, just hit the button and keep printing money and keep buying things.
Now, if Congress puts a cap on how many assets they can own, you can do it in a way where it still allows the Fed to do what would have been, 20 years ago, normal Fed activity to make sure we had a stable, sound currency, and what it would do is prevent them from buying up huge trillions of dollar increments to finance federal deficits with those newly printed dollars.
So if you put that cap on there, what it means is, the next time they want to put in one of these Christmas wish list bills, Trillions of dollars that they're ultimately stealing from you, they would have to have an overt vote on the floor of the House and Senate to raise that asset cap on the Fed, or they'd have to get it through more legitimate means.
But it forces them either way, however they want to finance their projects, they would actually have to have a real vote in Congress.
steve bannon
Richard, we want to hold you through the break if you don't mind.
Richard Stern from over at Heritage in charge of the Heritage Budget Blueprint.
It's the pathway to a balanced budget.
He's going to join us after a short commercial break.
We also have Chris Miller, former Secretary of Defense, will be here.
An explosive new book on the final days of the Trump first term.
And we'll have Boris Epstein.
We've got Philip Patrick later.
really a very involved show today.
unidentified
Here's your host, Stephen K. Babb.
steve bannon
Okay, CPAC, Carrie Lake, Boebert, gonna join the president.
They're going to be announcing names every day.
CPAC.org slash War Room March 1st through 4th.
We're going to do the show live.
Maybe we even have Boris coming in co-host.
He's got so many other duties now.
He's too busy. I tell you what, we'll ask him live when he comes on here.
We're going to have the live audience participation like we did at Turning Point in Phoenix, like we did at CPAC in Dallas.
You're going to want to be a part of this.
We're looking forward to all of it. Plus, we're doing a live stream tonight.
I think we're trying to pick up President Trump's Play-by-play commentary are his hot takes.
That'll be worth the price of admission.
His hot takes tonight on Joe Biden's State of the Union, on Truth Social, and somehow we're going to try to get it up on Getter and have our own, have the War Room Posse also in there.
So 9 o'clock tonight, around 9 o'clock, make sure you go to the War Room Getter page in mine.
Richard Stern over at Heritage.
I love the idea on the balance sheet of the Fed.
Going forward on the debt ceiling in this, you know, Kevin...
Dr. Roberts was on here last week with his brilliant thinking about cutting the defense budget.
But overall, you heard Kevin McCarthy yesterday.
Of course, Russ' vote went out right away, and Russ is kind of like, we're kind of dead-enders on this thing.
Not one penny, you know, not one cent increase to that signal.
Let's have prioritization of payments.
Richard, what's your concept?
What's your construct here of how we get your budget blueprint to the balanced budget with this intense negotiations we're going to have?
What would be your recommendation now?
richard stern
So I think one of the key things, and you were talking about Dr.
Roberts, of course, had said this as well, Is that a lot of people have this misnotion.
They think that when the government spends money, they're providing free stuff to you.
What they miss is when the government's giving you free stuff, they took it from somebody else that actually produced it.
So one thing I always say to people is there are only two people that can get money without producing real value, and it's criminals and the federal government.
A part of that is the federal government prints money, but the other is they have the ability to tax you to regulate, do those sorts of things.
We need to make that clear to people.
Every single dollar, not just a federal debt, But a federal spending is a dollar that's stolen from the American people, stolen from the economy.
Part of what Dr. Roberts was talking about and what our blueprint highlights is all of the ways to be efficient, to be constitutional with what the government uses, right?
The idea should be that the government only takes actually what it needs to fulfill core constitutional responsibilities, to safeguard our natural God-given rights, and to allow us, the American people, to build a prosperous economy.
That's what the blueprint does.
It highlights the way to get back to that.
And I really think at the end of the day, it's about championing that message.
You know, a lot of times if you look at it, people that will say they're conservatives for decades will do everything the left does.
They'll spend, they'll tax, they'll regulate.
They're just kind of the lesser version of it.
It doesn't provide a real option to the American public.
What we want to re-highlight, reassert, is what it means to be conservatives, what I just said.
To respect that every dollar the government takes is taken from hardworking Americans.
And to get back to a real constitutional vision of the government where we can get back to the kind of prosperous economy that turned the U.S. into the greatest country on the planet long before we had big government.
steve bannon
Richard, I want to get you back on, and maybe we do it in the 6 o'clock hour on the weekend.
We can take a little more time, but I want to go through your budget plan, the whole thing.
Heritage is at the tip of the spear, and Dr.
Roberts, we had Michael Howell on this morning.
He really instilled the fighting spirit back into Heritage.
So how do people get to you?
Where's social media? How do they get to you, all your work over at Heritage?
richard stern
No, thank you. So you can find me at Rich A. Stern on Twitter, and of course, if you go Google my bio on Heritage, you'll see all the things I've written that are put out there.
And I want to thank you again for having me on the show and going through all this.
It's very important stuff.
And remember, you know, you can be part of the conversation as well if you're watching this.
We need as many people at the hands of the pump as we can.
steve bannon
By the way, I'm stealing, and I'll use it as an homage to you, but I'm stealing your monetary policy as the quantum mechanics of public finance.
It's a genius. That's a great, great.
They used to always say, even Kennedy, and you read the book Confidence Man, Obama didn't know the difference, but Kennedy, as smart as he was, as a history student at Harvard, they had to always tell him the difference between fiscal and monetary all the time he was in meetings.
He'd get confused. So people shouldn't be...
Don't be ashamed at first if you don't understand it.
It gets a little complicated, but we're here to make sure everybody can understand it.
So, Richard, thank you so much.
unidentified
Exactly. Thank you so much as well.
steve bannon
Thanks, brother. Boris, now, and we've got a cold open for Boris, but I want to bring Boris in first.
Boris, you always spring these ones on us.
President Trump's going to do a live play-by-play commentary on Biden's State of the Union tonight.
That's, like, so good you can't even make it up.
Tell me about that over at True Social.
He's going to give live commentary as Biden does his State of the Union?
Don't I have Boris? I thought I did.
Okay, great. This is a highly produced show.
unidentified
Hello! Okay, we're gonna get to...
steve bannon
Thanks for the heads up there, guys.
Here's what's happening. In fact, we're gonna have Chris Miller up next.
We are gonna get Boris up here.
So Grace Chung, Captain Bannon, Jane Zirkle, the entire team, we're going to do live commentary tonight.
And I will actually figure out how to do this so I can join live, hopefully in person.
But I'll be in the chat room.
I want as many people as possible on Joe Biden's really to highlight, you know, if he says stuff that is real and true and is upfront with the American people, we have no problem.
But I think it's going to be another just session of lies and misrepresentations.
Hey, we're pretty upfront. In the war room, we think he's totally illegitimate.
He stole the 2020 election.
Stolen elections have catastrophic consequences.
You can see it all over the world.
Here's one of the things that we just checked, and I've checked some people on the Hill.
I don't know this 100%, but let's say we're pretty close.
They have not briefed.
And if Greg, if anybody can double check for me right now, they have not, I don't think they've briefed the gang of eight.
They certainly haven't briefed the broader intelligence committees and they haven't briefed the broader House and Senate on exactly the situation with the Chinese government.
The Chinese weapons systems, weapons platforms.
Oops, you mean the airship?
Yes, that one. So why are they slow walking this?
Why is this something they refuse to come forward with?
They should have been prepared to call the gang of eight.
Remember the gang of eight is the leadership of the House and the Senate plus the leadership on the select committees on intelligence, both the House and the Senate.
Eight individuals, four and four.
Why have they not done that?
Why have they failed to do this?
This is everything right now.
We have to ascertain exactly what the Biden administration knew and when they knew it.
This thing is exploding all over.
Some of the Chinese are trying to sit there and go, well, the PLA, this rogue element, that's nonsense.
She makes every...he signs off and or makes every critical decision when you're talking about the United States of America, right?
It is inconceivable, inconceivable That some rogue colonel or somebody in their surveillance group was able to let this off without his approval.
No, this came at the highest levels.
And anybody spinning that is just lying to you because that's not how it rolls over in the CCP. And I consider myself an expert in the CCP. I was the one that brought in for the Yes, Abby Lowell for the Laptop from Hell, which shows the treason and traitorous nature of Of your clients selling out the United States for cash money from the Chinese Communist Party.
And you have to get to the bottom to it.
Remember, the first kickoff investigation is tomorrow on the laptop from how they're going to start with the FBI officials that are associated with Twitter that were on the payroll over there.
And they've got, I think, a former FBI agent.
Maybe that's the weaponization of government.
Anyway, tomorrow is going to be quite explosive.
We're going to do kind of wall-to-wall coverage on this.
We're going to be dipping out of all of them.
Do I have Boris up yet? Boris, I had such a great TF for you, Boris, and I go to you and you're not there.
Tell me about President Trump doing this play-by-play tonight on Biden's State of the Union, sir.
boris epshteyn
I'm always here for the TF. I'm always here.
It was the deep space trying to prevent me from talking to you.
The play-by-play is going to be, as they say, fire.
President Trump, as you saw in his announcement, is already in top form and ready for the quote-unquote State of the Union from Joe Biden tonight.
Not expecting a robust performance by a hopeless Biden, but as President Trump said, hey, maybe he does pull off Something akin to a Lincoln or Sir Winston Churchill, but I wouldn't hold that hope.
steve bannon
No, tell me when you see this spin, here's the thing they're melting down on today is that all the polls came out, not from Trafalgar, right?
They came out for the people's pundit.
They came out from ABC, CBS, and these numbers are nothing short of horrific, right?
Has Biden made your life better?
Has Biden's economy made your life better?
18%, 20 % yes.
You've got almost 50 % no.
The spreads are historic.
And they're sitting here all day beating the toxins about how well the American people aren't paying attention.
This is a messaging problem.
What say you, Boris Epstein?
boris epshteyn
It's not a messaging problem, and it's not a politics problem.
It's a policy problem.
This administration has been a disaster on everything, national security, Cue the Chinese balloon just in the last five days on the economy, on the border, on energy, on our military.
Look at the disaster in Afghanistan.
Look at the festering, festering fire literally around nuclear reactors in Ukraine.
This administration has been the worst in American history by far.
And anything else, anyone who tries to tell you different is lying to you, to your face.
steve bannon
Boris, can you hang on for a second since we didn't get you at first?
I want you to hang on just for a minute or two on the other side.
I have some other questions, financial questions and a quick Ukraine question.
We're going to take a short commercial break.
Boris is going to stick with us.
We're going to talk to him about the Ukraine big developments over there.
The Italian press is reporting that the defense minister has been fired.
Of course, that's being in Ukraine itself.
They're saying that did not happen.
There's a lot of controversy about the inner circle over there.
They're saying that, in fact, did not happen.
There's also an exploding story about, and we're going to have Todd Benzman on in the 6 o'clock around the border, a rancher down south of Tucson.
Took out, shot an illegal alien who'd been crossing, crossed his property, but I think he's been thrown out of the country seven or eight times.
And now he's been arrested for, what, murder, for killing him?
A million dollar bail. We'll get to all of that in the six o'clock hour.
Boris Epstein is going to join us right here on the other side.
It's the run-up to the State of the Union.
We're gonna be doing it live streaming tonight.
joe scarborough
Host, Stephen K. Babb.
unidentified
Have to get him back.
And just remember, whatever intel the Chinese gleaned during its seven-day joyride before we did decide to shoot it down was worth it getting shot down.
Because the $400,000 we spent on the Sidewinder missile, the $200 million we spent on the F-22, well, maybe that price is comparable to what the Chinese spent on their surveillance.
And that payload, and whatever it was, it was worth it.
Because they knew that we would shoot it down, even though the defense and intelligence communities apparently ignored the president for a good three to four days before acknowledging his order.
I have to point out as well, Corrine Jean-Pierre's response when she said, it's up to China to figure out what kind of relationship they want.
And, Ainsley, you mentioned a few minutes ago you said how a general predicted we would be at war with China in 2025.
I argue we are already at war.
We have been, as they've infiltrated every component of our society, of our sovereignty, for so long.
In contrast, Kareem Jean-Pierre's statement with Secretary Pompeo's statement when he said we have stopped pretending that Huawei, for example, is an innocent company.
We have called it what it is, a national security threat.
We've taken action accordingly.
He said, we've opened our arms to Chinese citizens and they've bit us in the hands.
Christopher Wray gone in on the action.
He said, as well, he slammed it.
You know, whatever. I have his quote in here.
Oh, that the American people are more attuned than ever to the threat the Chinese Communist Party poses not only to our way of life, but to our very lives and livelihoods.
And instead, we have a lackluster commander in chief and an apologist.
Secretary who says it's up to the Chinese.
It's not. It needs to be up to us.
Ainsley, I come to you on the overall picture of how our enemies see us.
I think that they see us as weak.
steve bannon
Okay. Right there, the Murdoch News Network finally saying the magic words.
Yes, the CCP has been at war for us since at least probably 10 or longer years, but you can't argue it had to be from May of 2019 when she declared a people's war against us.
Irregular warfare, unrestricted warfare, whatever you want to call it.
In fact, can I have my book? Can I have my unrestricted warfare?
Just do a plug. We're going to have Chris Miller here in a second, but that's always our standard here is the unrestricted warfare.
One of the many producers.
Thank you, producer. Boris, is it odd to you, sir, that as far as we know, And we're not totally dialed in, but we're pretty close.
We can't find out if the Gang of Eight has been briefed yet in a classified briefing.
We know there hasn't been a broader briefing on the situation.
Right there, Fox made a mistake.
It's not from when the president, you know, had this meeting with Millie, this telephonic thing with Millie in Austin in the middle of the night in Manila, and then they waited This is about January 28th, 29th, 30th, 31st and the 1st.
What happened when it first came in contact with their defense over the Lusian Islands, those four or five days when they hid it from everybody?
boris epshteyn
Boris Epstein. What happened is that they were trying to figure out how to, again, deceive the American people while kowtowing to China.
That's clearly what happened.
Congress hasn't been briefed.
The senior staff The new leadership, the speaker, hasn't been briefed.
It is absolutely unacceptable.
But again, this falls into this long line of pattern by Beijing Biden, by the Biden crime family, of being absolutely controlled by China.
Think about it. We have this balloon that goes across the United States for, what, 10 days?
And unless somebody out in Montana took a picture of it, nobody would have known.
This is unconscionable.
It is absolutely despicable, but it is the reality.
And again, it goes back to elections of consequences, catastrophic elections, stolen elections have catastrophic consequences.
Elections of consequences, stolen and rigged elections have catastrophic consequences.
That is what we're dealing with, and it is unacceptable and has to be resolved.
steve bannon
Real quickly, there's going to be a big kickoff tomorrow with all these committees really standing up and getting into it.
But the big one could be at least oversight.
They're going to be the weaponization. We now realize Matt Gaetz, a frequent guest here, is now on the weaponization committee and the left is freaking out.
But on oversight, they're going to start on the laptop from hell.
What guidance would you give our audience in watching these first couple of days of these investigations, sir?
boris epshteyn
Watch for collusion and cooperation between the highest levels of law enforcement and big tech into suppressing and working against President Trump and rigging and stealing the election, the 2020 presidential election, against President Trump.
That is going to be a major part of this hearing tomorrow with Oversight.
James Comer is the chair of the Oversight Committee.
He's hauling in Yoel Roth, James Baker, and other Twitter executives and is going to be grilling them on why President Trump And other MAGA patriots were censored, and why there was this cooperation between law enforcement, Twitter, and other big tech to do all they can to rig and steal the election from President Donald J. Trump in terms of weaponization.
Be focused, again, on law enforcement being used to attack President Trump, to attack MAGA, to attack his supporters.
steve bannon
Boris, real quickly, how do people get, what are your coordinates on social media, how do they get your morning newsletter?
boris epshteyn
Thank you so much. Big night tonight.
Everybody's got to tune in to President Trump's account on TrueSocial.
The play-by-play is going to be amazing.
Trust you me. Make sure you're tuning in.
My information, the website is boristp.com, hot on boristp.com, hot on getter at boristp, twitter at boristp, hot on TrueSocial at Boris, hottest on the ground, Boris on the scrubs.
Stay strong, God bless, and I'll talk to you tomorrow.
steve bannon
Thanks, Boris. Okay, very honored to have Chris Miller, a career Green Beret Army officer, Colonel Miller, who was President Trump's last Secretary of Defense, Acting Secretary of Defense.
The toughest job all this, Chris, might have been your Kash Patel's boss, right?
Kash was your Chief of Staff.
That had to be the hardest job even of being a Green Beret, right?
unidentified
Hey, Steve, thanks for having me on.
Yeah, what a great American.
So honored to have the chance to serve with him.
Hey, I gotta ask you something.
Like, I can't believe I'm on your show.
I had to write a book to get on it, so thanks for having me.
But check my backdrop out.
Like, I'm checking you out, and I'm kind of a student of this.
What do you think? Is it too cluttered?
I'm like, throw it all out there, man.
steve bannon
No, no, it's good.
unidentified
It's working. I got knives, I got guns, I got everything.
steve bannon
Yeah, the whole thing.
Actually, I now can understand why you're Cassius Boss.
Give the audience a little background.
How did you get, because you have a very powerful...
Seen in the book, when you first become Action Secretary of Defense, you walk in to the Secretary's office and it's got the desk of Black Jack Pershing and another desk that's William Tecumseh Sherman's.
And you're sitting there going, hey, how did a career Army officer at Green Beret get here?
Give us a little bit of your background.
unidentified
Well, you know, kid from Iowa, wanted to serve parents.
My dad served in Korea, uncle served in World War II, come from a family of public service and decided that You know, this army gig was pretty good.
Ruthless meritocracy kind of appealed to me.
You just have to have a strong back and not quit.
And that kind of appealed to me.
And then eventually retired.
And, you know, I was a civil servant.
I wasn't a political appointee when when we first worked together.
I was at the National Security Council.
I was on loan from the Pentagon.
I was just a nobody.
I was doing counter-terrorism and decided that we needed to defeat Al-Qaeda and end the war on terror and ran into Kash Patel.
I thought he was absolutely crazy when I first met him because I looked at Wikipedia and I was like, oh man, what did I get into and found out that he's just such a person of character.
He bought into this vision and said, let's go do it.
We couldn't get through the middle layer, the frozen middle of the bureaucracy.
Of course, Cash had a relationship with the president.
He was able to just go right in and say, hey, Mr.
President, you're getting slow-rolled by these people.
That was our goal, and that's what we decided to do, and that's what we did pretty well, if you ask me.
steve bannon
The book is entitled The Soldier's Secretary.
What is the meaning of that? There's a part in the book about it, but tell our audience what it means.
unidentified
You know, a focus group that informally, publisher Love Soldier Secretary, I said, hey, my focus group said Soldier Secretary.
So Miller was a secretary, like old school.
What it really means is I served as a soldier for, oh geez, you know, enlisted in 83 back in Iowa and left in 2014.
Don't do public math.
I'm not going to do that on your show, although it would be funny.
And then, but the Secretary of Defense is what we're talking about.
You know, I got to tell you, Steve, I went out and I thought my role was to support the generals and the admirals and whatnot.
And I realized on a really late night Thanksgiving night in Djibouti in Africa, we were going into Somalia the next day to check things out because the president wanted us to leave, which I agreed with.
And I realized that night that my calling was not to serve the generals, but it was to serve the members of our armed forces, our veterans and their families.
And thank you for your service, by the way.
And it's good to be on with fellow veterans.
So that's the purpose of the book, Soldier Secretary.
I didn't come up with it. I'm a pretty humble guy.
But some people go, you know what you are?
Because I felt kind of bad after that.
They're like, you know what you are? You're the Soldier Secretary.
I was like, oh man, okay.
And I wear it as a badge of pride now.
steve bannon
The guy you relieved, Esper wrote a book, which is, I don't know if you had a chance to read it, it's pretty shocking.
unidentified
I name-checked myself in it, Steve.
That's all I did. It's about, like, what is it?
It's this big, dude.
You could use it as a doorstop.
It's like 600 pages.
I name-checked myself, and he said, this Chris Miller showed up, we had no idea who he was, question mark, and that kind of, hey, Steve, you know how it works.
You need to know what's going on in town, and that's He did not cover his flank.
He did not know what was happening with his boss, and he wasn't following his boss's guidance.
It's as simple as that. The president decided it was time for the change.
steve bannon
He has this thing about the four no's that he and Milley decided that Trump himself was going to potentially take the country to dark and dangerous places and they had the four no's.
No strategic retreats, no new conflicts, steady Eddie, no misuse of the military, no politicization of the military.
Although if you read your book of your career, On foreign battlefields, it looks like the military had been pretty political, at least at the upper levels have been politicized as it was to almost a no victory thing.
So what was Esper talking about?
Was Esper talking about anything that you saw from President Trump?
I mean, Esper, this is a very, Esper's book to me is, I mean, I would, I think Milley's opened himself up to court martial, but I want to hear from you.
Did he ever talk to you about this on when you, when you had a change of command or relieved the watch?
unidentified
No, as for Mark Espernever, we had brief contact but have not been in contact since.
I think you really hit the nail on the head, Steve.
You know how civilian control of the military is and how sacrosanct that is to our republic.
It's kind of non-negotiable, but they decided that they knew more than their commander-in-chief.
I want to make it clear. I did 30-something years in uniform.
I worked for Republicans, Democrats.
It didn't make any difference. That's what you do.
The commander-in-chief comes in.
That's how the system is. You know this.
And you serve the guy.
Or a woman, if it ever comes to that.
And the fact that they thought they knew more, it appears that way when you read this and then you hear some of the leaks that are attributed to Millie.
I'll tell you, I want to let him have his chance to say his piece.
He really hasn't commented on a lot of these things, so I don't want to jump to a foregone conclusion.
But it's really troubling because that's the thing, man.
If you can't work for the boss, you don't have to in this business.
You can go work someplace else.
Here's the thing. I didn't know President Trump.
Hey, you know what I did?
I actually read his book and I did my research on the guy because you want to support your boss and you want to see how they think.
And I'd heard all the kind of left-wing press that he was not stable and whatnot.
I found the guy a remarkable decision-maker.
and national security, and I never had any issues.
I never was faced with anything unethical, immoral, or illegal in the national security space or in any space.
To be perfectly clear, I don't want to be given political talking points, lawyerly talking points.
The guy was a great decision maker.
I tell that story in the book about the Baghdaddy hit.
steve bannon
I tell you, hang on for one second.
I'm going to take a short commercial break.
We're in return. We've got Chris Miller, the last Secretary of Defense.
And President Trump's, wait for it, first term, back in a moment with Chris Miller.
boris epshteyn
We rejoice when there's no more.
unidentified
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steve bannon
Okay, welcome back. We have breaking news here.
It's from the inside. It looks like the head of the Chinese military defense department refused a call from the secretary of state on the day that the airship or the spy balloon was down.
That's breaking news now that they refused a call.
Chris Miller, you were President Trump's last secretary of defense.
You were the acting secretary of defense.
There's a story in Bob Woodward's peril that has Millie in October, this is before you took over, I think you took over, I think the 10th of November, that had Millie talking to the head of the PLA about stability and there's not going to be nuclear strikes.
We don't really know the details of what Woodward talked about.
And then he had another call in January.
Did he ever sit down when you took over and brief you or walk you through concerns that he had?
Did he ever tell you face-to-face, man-to-man that he had actually been in contact with his counterpart in the PLA and actually had these types of discussions about the use of nuclear weapons by the United States?
unidentified
No. First I found out about it was when I saw that excerpt from Woodward's book.
I did authorize him to call His Chinese counterpart after January 6th.
We did talk about that very briefly, but that call in October where he talks about the characteristics were like, I'll give you a call if things go south.
Basically, if that's true, that's kind of treasonous.
That's why I'm trying to be the bigger man on this, Steve, and go, we really need to hear from him whether he's going to do that on his own or whether he needs to be called up to the oversight committees.
That's for them to decide.
But if that really happened, that's just kind of beyond the pale.
That's kind of the point of my book.
I talk about accountability in there.
And holy cow, we can lose wars, but nobody's held accountable for their actions.
That's not the way I was raised.
You weren't raised that way as a Navy officer, were you?
steve bannon
Yeah. No, anything but.
I spent a couple of years after sea duty in the Pentagon with the Chief of Naval Operations.
But here's the thing. This book, and I recommend the audience get it.
Number one, your career as an Army officer, the Valor.
The heroism of the guys around you, the nitty-gritty of these wars we fight.
But if you want to see America in decline, it's really looking at our beloved, not the military per se, but how it's used in this flippant, glib way that the Pentagon and the civilian leadership And the oligarchs in this town use it.
It's quite disturbing.
We only get limited time, but I do want to have you back.
unidentified
But I agree with you.
steve bannon
And I think this is the first time you've said, by the way, the book's got all kind of great stuff about President Trump and these raids.
That's already been covered.
And people read it for that.
It's kind of you're sitting on the edge of your seat as you read the book.
But it's got much deeper themes in that.
Millie, there has to be an inquiry into this, and I am shocked it hasn't been to date.
It shouldn't be Chris Miller and Steve Bannon in the war room calling for this, even President Trump.
What has been said that Esper and these guys said, particularly after the situation at Lafayette Square in front of St.
John's Church and what they said, the agreement, the pact that they had, that all has to be investigated.
We need to do this just for the civilian control of the military and the military's understanding of its accountability.
Chris, you alluded to it in the last segment.
If people have a different viewpoint on their personal honor They should resign and should make a fact of that resignation of why they're actually resigning and not going for if they don't believe in things.
But to believe in things and do it in, you know, kind of behind the scenes, behind people's back is not the way.
The system can't function like that.
I've said that since the first parallel book came out.
Last thing, we only got a couple minutes.
Correct me if I'm wrong, because this is from the book and I'm doing this from memory because I read the PDF and not a hard copy.
You had to call a meeting together, telephonically it looks like, with DOJ, I guess FBI, different aspects.
You initiated this meeting a day or two before January 6th to make sure everybody was organized because it didn't seem like it was organized.
Did I read it correctly in the book?
unidentified
Steve, thanks for bringing that up.
Yes. And, you know, if you were a CYA person, you would have never done that, because that's not the role of the Department of Defense in domestic affairs.
But it had to be done, and I did that.
And thanks for highlighting the point that, you know, wow, we were not organized.
And at the end of the day, you know, civilian law enforcement, you know this, the military should never be used domestically for domestic law enforcement unless, as a Absolute civil disorder is broken out all over.
And anything less than that is really troubling to me.
And that's the purpose that I try to make, you know, talk about in the book.
So thanks for highlighting that because it's kind of one of those nuanced things that, you know, I tried to tell some good war stories and stuff like that.
But that's really the point of the book, too, is civilian control and the proper use of our armed forces.
They're great kids. You know them well.
I mean, we were honored to lead them and command them.
And they need good leadership, and I'm worried we're not getting it right now.
steve bannon
Chris, how do people, whether social media, where do they go to get the book?
Because people have got to read the book, and I want to have you back on it.
Because there's one bombshell after the other.
Just correct me if I'm wrong, I've only got a minute here.
The analysis, when you called this meeting together, the only number that came out, at least in the book, from that meeting of the number of participation, people that were going to be in the capital or in the nation's capital for the rallies was 35,000.
That number's in the book.
Is that the only number you remember being bandied about?
unidentified
No, that was the number.
That was the consensus, and the cops said they could handle up to a million.
So thanks for highlighting that.
I'd love to come back because this is really important that we talk about this because armed forces did their job the right way that day.
steve bannon
Get the book.
You won't be able to put it down. Real quickly, Chris, we only got 30 seconds.
How do people get to the book and how do they get to you, sir?
unidentified
Hey, this interweb is great.
Go to Amazon. It's right there.
Soldier Secretary. Barnes& Noble's got it.
Walmart's got it. Sam's Club has it, so I appreciate it.
I tried to do it in a way that was approachable to people that aren't really familiar with the military, because that's what I want to do.
I want to try to bridge that gap between those that have served and those that are serving them.
steve bannon
The soldier secretary, Chris Miller, President Trump's last secretary of defense in his first term.
Chris, thank you very much for your service and thank you for the interview.
Appreciate it. Look forward to having you back.
Short break. Second hour is going to roll in just a moment.
unidentified
We rejoice when there's no more.
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