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Feb. 17, 2023 - Bannon's War Room
21:00
WarRoom Battleground EP 236: Lack Of Responsibility And The Abandoning Of Ohioans
Participants
Main voices
s
steve bannon
09:58
Appearances
m
mark jeftovic
04:39
m
michael patrick leahy
02:32
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Speaker Time Text
unidentified
War Room Battleground with Stephen K. Bannon.
steve bannon
Okay, welcome back.
By the way, breaking news.
It looks like the appeals court in Arizona has ruled in favor of Katie Hobbs against Carrie Lake.
We're going to get to the details. That's just breaking.
I want to give you the headlines. I want to go back to other breaking news.
You got to explain this to me, Leahy, because you're smarter than I am.
I don't understand this article you just sent me from local TV. What is DeWine doing here?
You got to help me out here.
I mean, this thing's a disaster for these people.
This is catastrophic.
What is the governor doing?
michael patrick leahy
He's not declaring an emergency and not declaring a disaster.
That's what he's doing. Now, I want to add to that.
For a disaster declaration, there are two kinds.
The governor has to request a FEMA. And there are two kinds.
An emergency declaration for anything, which has a limit of like $5 million, and then if you go over that, you've got to go to Congress and tell them you want more money.
But the major declaration of a disaster, or like a hurricane, etc., there's a little bit at the end of that guideline.
You can also call a major declaration for, wait for it, an explosion.
Now, I think there was an explosion there of chemicals on February 3rd and then a controlled burn that was an explosion on February 6th.
So the governor could call for a major declaration of a disaster there.
He could send it to FEMA. And they would probably not turn it down if he did it.
But he's got to put his case together, as you pointed out, Steve.
I don't think he wants to do that.
steve bannon
Because he has to put the timeline and who had authority and decisions he made and what were they based upon, he'd have to put it in the package to take it to FEMA. He could declare it, but to get it declared by the federal government or I guess supported by the federal government to actually get your money, he would have to actually put together a package that laid through everything that was done, and that's not going to look very good, is it, Michael Patrick Leahy?
michael patrick leahy
Well, if there is no authorization From the federally designated on-site coordinator from the EPA, it's going to look very bad.
And FEMA might say, hmm, this is your problem, buddy.
You created the problem, and we're not going to give you any money.
Now, if he put the declaration in, the political pressure would be there for FEMA to say yes.
But they're not in a hurry, and Governor DeWine is also not in a hurry.
steve bannon
The people feel like they've been abandoned.
I mean, obviously, I'll talk afterwards.
We've got to help pull this together because they feel like they've been abandoned.
But to a degree, they have been abandoned.
And here's what's so outrageous about it.
Sherrod Brown's a Democrat and a populist.
He's got to get involved here.
This is a MAGA state.
And they just had on Fox the other day, they had somebody, one of the announcers saying, well, I just talked to the congressman.
He thinks Biden's doing a great job out here.
I don't understand why the Republicans and DeWine and these guys, this is Ohio.
The reason we're even competitive in these presidential elections is because Ohio, we're winning Ohio with a big enough gap.
It allows us to spend time and money.
It's the opportunity cost.
You don't need to be in Ohio.
Look at J.D. Vance, the big win we had there in the Senate.
And Sherrod Brown should be on the endangered species list.
And guess what? He's not going to be because of this very situation there.
I hate to take a talk, get down to politics about this, but somebody's got to have these people back.
First off, you should just do it as your normal job, right?
And DeWine's always saying about how he's all about the people and with the pandemic and everything like this.
This is really outrageous.
And I got to tell you, people have to be held accountable for this.
The company's got to be held accountable, but also the government officials.
And right now you can tell Biden just wants this thing to go away.
He doesn't want Pete Buttigieg out there.
He doesn't want anybody, any big, big time EPA people out there.
They want to wash their hands of it.
Michael Patrick Leahy, your closing thoughts.
michael patrick leahy
My closing thought is right now we need, there needs to be political pressure from everyone.
In the congressional delegation in Ohio, in addition to the Democrat senator up for reelection, Sherrod Brown, to push Governor DeWine to call for, ask for the declaration of a major disaster because of this explosion.
It's right there in the federal FEMA regulation.
He can do that, get that to FEMA as soon as possible, and get the federal aid rolling in to the good people in East Palestine, Ohio.
steve bannon
We're going to get even more involved in this.
We've got to make this thing happen.
This is why you set these great papers up, these great news sites.
You were the guy that got the joke first of how important this is, and this is a perfect example.
This is kind of an example of everything.
This shows you a nation in decline.
Because the people in authority, quote unquote, the elites, don't care.
They don't care. And the people at East Palestine, Ohio, are the ones that fight your wars, build your country, pay the taxes, just want to get along and be left alone, right?
In situations like this, extraordinary situations, they want to make sure that somebody's got their back.
And the government not only doesn't have their back, it's working against them.
And this controlled burn, like you said, if you had done this in your yard or something like that, you'd be under arrest right now.
You have criminal charges filed against you.
That's what's so outrageous about this thing.
And if this was in the East Hamptons, trust me.
Okay, if this was out there near Shinnecock or in the beautiful East Hamptons, if this happened out there, They would have done, they would have flown, the top experts in the world have been flown in before anybody touched anything.
Okay? And that's the injustice.
And that's this kind of burning discontent that the American people, because they can look right there and say, that's me.
I'm that little guy. This is why Hillary Clinton called them the deplorables.
They don't matter. They're deplorable.
Just they're nothing. They're trash.
That's what we treated these people out there like trash.
And they're not trash. They're actually the backbone of the country.
That's the difference. Michael, Patrick, how do we get to all your sites, all your coverage?
michael patrick leahy
You're doing an incredible job. TheOhioStar.com, TheStarNewsNetwork.com.
You can reach me on Twitter, Getter, or Truth Social at Michael P. Leahy.
steve bannon
Michael, thank you so much.
michael patrick leahy
Great work. Great to be with you again, Steve.
steve bannon
Thanks, brother.
I had an entirely different show we're going to do tonight.
I had Peter Thiel. Hugh Hewitt actually did a very good interview with Peter Thiel this morning.
Peter, this is on China.
He got on some very interesting topics.
I'll do that. Natalie Winters is going to join me.
We're going to deconstruct coming right off Biden's illegitimate regime head, Joe Biden's You know, what he did this fiasco today.
I was going to have Peter Thiel off the Hugh Hewitt show.
We're going to break it all down, talk about that.
Then I was going to roll into some things that are happening, particularly in, I don't think people realize in crypto and in Bitcoin, kind of the surge has got to reach out to the, to the bomb thrower.
I should call him the mad bomb thrower, Mark Jephtovic up in Canada.
Brother, thank you so much for joining us.
I want to talk a little bit about, I want to talk about crypto and I particularly want to talk cause you, you follow this quite, you do so much great stuff.
And I gotta tell you, I'm so appreciative that you give me a heads up on these great articles you write, because I'm gonna tell the audience, Jeff Devick, he doesn't send me a lot, but when he sends me stuff, I'll read it right away.
And I gotta tell you, within 24 hours, it's up as the lead story over at Zero Hedge, which is the benchmark for what's hot and what's smart.
So thanks for joining us, brother.
Talk to me about Bitcoin and crypto overall.
mark jeftovic
Hey, Steve, thanks for your kind words.
What can I say? Bitcoin is off to its greatest calendar year start in its history.
And I mean, I typically tell my readers, don't pay a lot of attention to the short term price gyrations of this stuff.
We're long term thinkers, long term oriented.
But when a 12 % move happens in five hours like it did yesterday, even I sit up in my chair and when I look back at it, It's just this feels like a Bitcoin bottom which is really right on schedule for a cycle that's baked straight into the protocol.
steve bannon
Hang on.
I want to say something.
We don't give investment advice here.
We do this as much strategically because we're trying to build alternative economies.
The public square, we want people to have alternatives, particularly so people don't hate you.
But I thought this was going to shock the audience.
Everything I've read, crypto's finished, the government's going to shut it all down, Bitcoin's dead, everything's dead, everybody was a sucker.
This is all ridiculous. Walk us through, what have been the price shifts here?
mark jeftovic
If you put up the first slide on the assets so far this year, we see like Bitcoin is up the most out of everything this year, including oil, including gold, including the NASDAQ. And lately, cryptos have been trading with the NASDAQ quite a bit.
And in my mind, like everyone, you said, you know, people Badmouth Bitcoin, will the governments allow it?
What I always tell people is to invert that.
I don't think about this in terms of will the government allow Bitcoin.
I think of this in terms of which governments are going to survive Bitcoin.
In your previous segment, you talked about a nation in decline.
We're also witnessing a monetary system in decline.
And we're witnessing late-stage globalism in decline.
And that's why things like Bitcoin Won't die.
And not only will they not die, every cycle...
steve bannon
Hang on, hang on, hang on, brother, brother, brother, brother...
The Congressional Budget Office in the New York Times, you know, these are not people with their hair on fire.
$19 trillion in the next 10 years.
They say that it's not sustainable.
$19 trillion on top of the 32, they get you over $50 trillion.
No country, in fact, the holding of the public, the public holding of debt, At the Treasury, at the Fed, is going to be over 100 % of the economy.
Not the total debt.
That'll be hundreds of times the economy.
No country's ever come.
Look at the New York Times today.
I've preached this now for two shows.
We're going to do it again tomorrow. No country on Earth has ever come back from this.
And this is your betters.
So talk to me about, when you talk about alternative and you talk about crypto, walk me through how this, in your logic, how this is rebounding.
mark jeftovic
Well, it's rebounding for a couple of reasons.
Most of the people were waiting for something called the Fed pivot, for the central banks to kind of take their foot off the gas pedal on the interest rate hikes.
And everyone, and I think correctly so, has been saying the Fed can't keep raising interest rates, to your point, with that much debt out there.
But there's another aspect of Bitcoin which is sort of dovetailing with this Fed, slow motion Fed pivot, that hasn't really been paid attention to, and that's the four-year halving cycle in Bitcoin.
And so every four years, it just means without getting too technical, every four years, the mining block reward for mining Bitcoin and securing the blockchain, it cuts in half and it creates a supply shock in the system.
And because Bitcoin is the opposite of fiat money in that you can't inflate it to nothing, every time this cuts in half, It becomes an order of magnitude more valuable.
Each unit becomes more valuable.
It creates sort of like a buying pressure in the system.
And if we look at where we are in the cycle now, it's like clockwork.
So what happens is about 15 months before the next halving, Bitcoin starts its rise.
And that, I think, is what is happening here even more than the Fed pivot.
If you look at that second slide I sent over, The next Bitcoin halving is in May 2024, and 15 months before May 2024 is actually February, like right now.
And in fact, Bitcoin and cryptos bottomed in December.
And then since December, they've just taken off like rockets.
We saw the first slide to how it compares to the other assets.
And then that last table I sent you, this pattern, I mean, Technical analysts will tell you to be wary of patterns because they're not etched in stone.
But the Bitcoin pattern is actually baked into the protocol itself because of this four-year halving cycle.
And we see from 2011 all the way up to 2022, we have three up years, a down year, three up years, a down year, three up years, and a down year.
And we just had our down year.
It just went by. There's another halving coming 15 months down the road in 2024.
And with all of the other political and geopolitical and financial tailwinds hitting Bitcoin, we've got governments weaponizing the banking system against their citizens, against each other.
There are even more impetus to get into Bitcoin and protect your wealth.
steve bannon
Well, we're going to spend a lot more time on this.
Mark, and I want you to give however everybody gets, but I just got to ask you a question because you're also a numbers guy.
This is impossible.
This is insanity. This is suicide for a nation.
We're in managed decline.
If we go down this path of the plan they've laid out, which are, and I called it $1.4 trillion in a deficit this year, which they lied about, and this is from the CBO, it's reported by the New York Times, $2 trillion in deficits in every year going forward in perpetuity.
Okay? This is financial suicide.
And that is gonna destroy, and by the way, the only reason they can get away with this is because they got the Federal Reserve over there, they hit the button, and the Federal Reserve creates more fiat money.
And people think more money, more wealth.
It's the exact opposite.
The more money, the more destruction of wealth.
And this is what we're going to get to.
This is part of this crisis.
You got the geopolitical global war crisis merging in with the financial crisis, just like the 1930s.
You're having the convergence of those two right now.
And I'm telling you, it's going to be Katie bar the door.
Jeff DeVick, how do people get to you in all your sights?
Because your stuff's amazing.
And like I said, when Mark sends me something, The next day, boom, it's up as a lead of zero hedge, which is a pretty good...
That's my New York Times.
So how do they get to you, Jeff?
mark jeftovic
Well, I always appreciate that.
So bombthrower.com is the main website for the articles.
You can get on the mailing list there for the free Crypto Capitalist Report.
If you want to go straight to the newsletter, just go to thecryptocapitalist.com and hit subscribe and you're there.
steve bannon
Thank you, Mark. Great work.
mark jeftovic
Oh, bomb thrower on Getter and Stunt Pope on Twitter.
steve bannon
I forgot those two. I'm following a bomb thrower on Getter.
It's fantastic. We'll make sure we get them all up in the chat rooms.
Thanks, Mark. Great work.
mark jeftovic
Okay. Thanks, Steve.
unidentified
Always a pleasure. You gotta look at alternatives.
steve bannon
You must look at alternatives. One of the reasons we're doing this for all the alternative economy stuff.
Remember, stop giving money to people who hate you.
By the way, the guys that hate you the most are the guys in charge of this.
If the same thing you've seen out in East Palestine, Ohio.
This is exactly what it is. They think you're trash.
And they're just, you do this, if we do this, if we follow this plan that's laid out in the CBO, your children and grandchildren will not only be destroyed, they will curse our generation if we let that happen.
I've got to tell you some worked up folks out there in Arizona.
Let's go to Floyd Brown of the Western Journal.
Floyd, you're the guy I always turn to for all things out West, particularly in the great state of Arizona.
Breaking news, the appellate court ruled for Katie Hobbs.
unidentified
Walk us through it, sir. Yeah, so what we know is that the appellate court is as corrupt as the trial court was.
You know, you've got to pray for Arizona at this point because, you know, we faced corrupt election officials.
We faced an unbelievably corrupt system.
And now the judges aren't stepping forward.
They aren't stepping up and doing the right thing.
What we're dealing with is an entire corrupt system.
steve bannon
Hang on.
Is it corruption? But why do you say the ruling's corrupt?
Is it they didn't agree with our facts or we didn't make the right arguments?
Are you saying, hey, we had the right arguments, the right facts, and they didn't use the law?
unidentified
That's right. We have the right arguments.
We have the right facts.
I think our fact pattern is absolutely excellent for a case like this.
Remember, this is not a traditional lawsuit.
This is an election challenge.
This election was an unbelievable mess.
I say this to a lot of people.
If I hadn't lived through it myself and seen it firsthand, I wouldn't believe What happened in Maricopa County?
I mean, literally 400,000-plus ballots, Steve, wouldn't feed into the machines.
They were kicked out.
We have no chain of custody on any of those ballots.
We have, you know, thousands, tens of thousands of ballots showing up after the election.
I mean, the fat case was excellent.
And, you know, I think Kurt Olson and the lawyers that We're involved, did an excellent job.
But in the end, these judges are just throwing up their hands and they're saying, you know, it doesn't really matter.
We don't care what the facts are.
We don't care what the law is.
We're just not going to overrule this.
And that's corruption.
steve bannon
There's one quote in here. Maybe we only get a couple of minutes, Floyd, but there's a quote in here.
Arizona law recognizes only limited grounds to contest election results for state office.
You came in and laid out the case within those kind of verticals.
What is their complaint?
unidentified
We did lay out the case.
That's why I call it corruption.
I call it judges not stepping up and doing their job.
What we are facing...
I heard your last segment, Steve, where you talked about how the Federal Reserve and the federal government are spending us into An absolute abyss.
Well, you know, not only are those institutions failing, we have these state institutions that are failing.
Our elections are failing, and, you know, we don't live in a constitutional republic if in fact Our leaders are selected and not elected.
And we know that that's happened in at least two cycles here in Arizona.
And it's absolutely outrageous.
But I call it the systemic failure, the systemic failure of our basic institutions.
And if the judges won't step up and correct things, I don't know what hope we have.
steve bannon
Floyd, we got to bounce.
I want everybody to go to you. What's your social media and how they get to Western Journal?
unidentified
Well, it's westernjournal.com or you can find me on Twitter at Floyd Brown.
I'm also on True Social and Getter at Floyd Brown.
So follow me there and I'll try to keep you updated on this.
But what we're facing is systemic failure.
steve bannon
I agree.
Maybe we'll get up on Getter late at night.
I'll talk to you right after this, Floyd.
Okay. Boy, had to re-change this show, but man, it was great.
I learned so much I didn't know.
See you tomorrow morning at 10 o'clock.
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