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April 18, 2023 - Bannon's War Room
48:53
Episode 2670: Steady Decline Of America's Cities
Participants
Main voices
m
mat staver
05:27
s
steve bannon
15:30
s
steve cortes
12:17
Appearances
e
elon musk
04:09
j
joe allen
03:47
l
liz yore
03:53
Clips
j
jake tapper
00:10
t
tucker carlson
00:07
| Copy link to current segment

Speaker Time Text
steve bannon
This is the primal scream of a dying regime.
Pray for our enemies, because we're going medieval on these people.
I got a free shot at 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.
jake tapper
And where do people like that go to share the big lie?
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.
steve cortes
Patriots, you surely know people in your life who are struggling to buy a home.
Could be young citizens who are trying to get their lives started or the hard-working strivers, the working-class folks who are aspirational and want to be upwardly mobile.
All of them finding it nearly impossible to buy a home, largely because of Biden's inflationary fiasco that makes interest rates soar and mortgages unaffordable, but also Because of increasing institutional investor participation in the single-family home market.
Let me show you what I mean by the numbers.
Used to be near 0 % of homes were sold to institutions.
It got into the double digits by 2020.
By 2021, 13.2 % of all single-family homes were bought by institutions.
According to MetLife projections, that number is going to be 40 % by the year 2030.
We're not too far from that right now in the state of Texas.
Almost a third of all homes being sold to institutions, the majority in Tarrant County, and they're paying up.
They're paying 70 % above the statewide median price for a home in the state of Texas.
If we're going to keep the American dream of home ownership alive, particularly for young people and for the strivers, we need to curtail, if not eliminate, institutional participation in the single family housing market.
This is a populist imperative into 2024 elections.
steve bannon
Okay, welcome back.
It's tax day.
It's the 18 April, Tuesday in the year of our Lord, 2023.
So how do we How do we do this, particularly in the fact that, is it 90-day treasuries?
What's popped over 5 %?
There's all kind of bad news coming out of capital markets.
How does this inform what's going on in the housing market?
Because aren't they going to argue, well, hey, people can't afford mortgages anymore, so the institutions have to step in and bail out the homebuilders, sir?
steve cortes
And you're exactly correct.
This is very relevant to this discussion.
The mortgage unaffordability or the housing unaffordability issue is only going to get worse Unless we reverse course, unless the GOP House in particular holds the line in debt ceiling negotiations.
Because if we can pull up chart number one, let me show you what's happened to very short-term money.
These are three-month T-bills, three-month Treasury bills.
This is extremely Fed-sensitive.
That chart goes back 20 years that I'm showing you right there.
And right now, Three-month T-Bill yields, the interest rate on three-month money from the US Treasury, has vaulted above 5%, something it has not done, Steve, since 2007, as I show there in the previous highlighted area.
We know how things turned out in 2007, by the way.
unidentified
Hold it, hold it. Should the claghorn start?
steve bannon
First off, we'll go to 2007, but isn't this the smart money?
Isn't this the biggest downvote on the Biden business model you've ever seen, right, with jacking up here?
steve cortes
Steve, this is a bond market.
It's a global bond market revolt against Biden, against his business plan, if we can call it that, his catastrophe plan, against his inflationary madness.
And what the bond market is also telling us with this move, just in the last couple of days, with three-month, because this is very Fed-sensitive, three-month T-bill rates going above 5%, is they're saying, guess what?
The Fed is not going to ride to the rescue.
That, in other words, the Fed, which has another meeting in a couple weeks, is going to either continue hiking rates or perhaps stand pat.
But the idea that the Fed is going to reverse course and start cutting rates, which I think a lot of stock market investors are banking on, the bond market, which generally historically is far smarter than stocks and far smarter than the Fed, quite frankly, normally leads the Fed where it needs to go, is saying no. The Fed needs to remain vigilant because inflation, while it is less awful than it was, say, last summer, Inflation is still systemic and persistent in the American economy.
So what I would say, though, Steve, to critics who might say, taking this back to housing, who might say, well, if people can't afford them anyway, let the institutions buy them.
Hold on, Steve. Here's the thing.
I'm not a free market absolutist.
Not at all. What matters most to this country is that we have A shared and broad prosperity in the country, not a concentration of wealth, where relatively few institutions and individuals do well.
We have slid far too much that way toward an oligarchy.
And if home ownership is an important ideal, if family formation is a goal of our country, then young people and American strivers need to be able to afford a decent home.
One way to ensure that, the biggest way to ensure that, of course, is stop this inflationary madness.
But another way is to put limits on institutional investment in the single-family housing market.
This is something that never existed before of any consequence.
In American history until recent years.
And if we don't course correct, very soon, massive financial institutions, massive funds are going to effectively control the single-family housing market in the United States.
And I don't believe that serves the interests of our society flourishing at all.
steve bannon
I want to get into Janet Yellen, the de-dollarization, Lavrov's meeting with Brazil, because this is all going to get back to the capital markets, and that's going to roll back through the mortgage market, because I don't know if kids have under 20.
By the way, if you keep voting for it...
You keep voting for it, you're going to deserve everything you get, which is going to be the worst economic crisis in the history of the nation.
Aren't they going to argue? They're going to be all over CNBC. Steve Leisman and these guys, all the liberals over there are going to be over.
Oh, the 90-day, the three-month is going through the roof.
Because you got Russ Vogt, you got Chip Royce that a sine qua non of getting a budget deal is to unravel the Inflation Reduction Act, the $1.7 trillion giveaway program.
Aren't they going to say this is a rejection of the radicals, of the MAGA Republican, massive cut radical, take the punch bowl away, stop the party on Capitol Hill, sir?
steve cortes
Steve, CNBC and the rest of the legacy media, they may try to push that ridiculous narrative, but as is normally the case, whatever they say, the opposite or close to the opposite is very often true.
And that is certainly the reality right now when we look at the United States budget.
The United States budget is absolutely out of control and worsening by the day because tax receipts are not even close to keeping pace with the massive increases in spending.
We took a country that was already borrowing and spending too much.
Now, we were doing so at least for sort of understandable, exogenous reasons, meaning the COVID crisis in 2020.
But even then, I would argue, we were borrowing and spending far too much.
We then massively ratcheted up higher, ramped it up higher into 2021.
Even though the US economy by that time, because of the Trump boom 2.0, was recovering with gusto and without inflation.
So Biden created an inflationary spiral.
Rather than recognizing this calamity and saying, okay, time to pull back.
What is Biden doing? He's proposing even more, a budget in his proposal that is 35 % higher now than the pre-pandemic 2019 budget.
So there is no sanity coming out of Washington, D.C., either from the White House or from establishment Republicans.
And so, given that, and given what the markets are telling us about inflation, it is more imperative than ever, if we are to try to recover some trajectory of fiscal sanity, that the House Republicans hold the line.
And I believe, by the way, you mentioned Russ Vogt, I believe that his plan is exactly the kind of plan, exactly the kind of blueprint for us to get there.
Now, Kevin McCarthy proposed at the least holding discretionary spending to 2022 levels.
I think that's a decent place to start.
That's a decent baseline to say at the least, let's sort of do no more harm.
Let's, even though that was too much spending, Let's have that be a starting point.
But the point is, Steve, regarding the bond market, the bond market is telling us right now that we are in a very, very deep crisis.
Now, a lot of folks in Washington, D.C. may not understand that.
They may not care about what the bond market is telling us.
But guess what? Even if you've never traded a bond in your life, even if you've never watched interest rates, this matters so much more to you than anything that goes on in other capital markets.
It matters more than anything that goes on in the stock market.
That three-month Treasury yield is now hitting higher levels since 2007.
Should absolutely frighten the bejesus out of every American.
Because here's the other thing, Steve. At least going into the 08, 09, catastrophe, the housing crisis, at least we had a pretty robust economy going into it.
Now, there was unbelievable tumult and unbelievable pain, and I'm not trying to diminish any of that, especially for folks out there who suffered during that period, especially if they happened to lose their home, which millions of Americans did.
I'm not in any way diminishing that very real pain.
But at least we went into that crisis in a relatively healthy financial place.
It's the exact opposite right now, Steve.
In other words, we are hobbling to the edge of the cliff and about to fall off of the cliff.
That's the reality right now. And I would also stipulate that the risks now are not in the residential housing market.
The risks primarily are in the commercial real estate market in terms of this.
steve bannon
Commercial. That'll be the dominant.
Okay. I also want it for our listeners.
We're not here to give you financial advice, but let's do a little microeconomics right now, not macro.
On the micro, two things are going to happen.
You see this happening simultaneously.
They try to get their hands around this crisis.
A credit contraction and higher rates.
What does credit contraction mean to you?
Credit contraction means even if you qualify for a mortgage, there's going to be less opportunity.
They're going to pull that back, particularly as the commercial real estate starts to get blown up.
You're going to see massive credit contraction.
The other thing, particularly these young people, remember you used to get into the mail 10 credit cards, right?
You just sign up, you get 10 credit cards.
All those credit cards that have $2,500 limits and you're tapped at the limit because you're paying the high interest rate, you're going to start getting notification from guys saying, hey, we looked at that $2,500, we think we want to go...
We love you as a customer, but it's going to be $1,500.
So the next time you send your monthly interest payment, a $1,000 check to that.
That's what I mean by credit contraction.
You're going to start seeing that happen all over.
Steve, you agree.
Yes. That's the micro.
How is that then going to roll through the whole system?
Consumer spending, consumer credit, mortgages, how is that going to roll through, brother?
steve cortes
An incredibly deep recession, Steve.
At least as bad, I think, as the 0809 recession.
And perhaps worse, because again, we entered it in a far weaker state.
And by the way, to that point, if we can show chart number two, slide number two, to that point of tightened lending and the credit crunch that is looming, and to show you just how aloof our policymakers are in Washington, D.C., how they either don't understand this or if they do, they just don't care.
Here's what Janet Yellen said.
This is from a Reuters article.
U.S. banks may tighten lending and negate the need for more rate hikes.
So to translate that, okay, from Our Secretary of the Treasury, who I believe is by far the worst Secretary of the Treasury ever in the history of the United States.
It's an absolute atrocity that she is the inheritor of the effective seat of Alexander Hamilton.
But what she's saying there effectively is, we are going to crash the economy so badly that that will take care of inflation.
And listen, that may in fact happen, all right?
Inflation may dial down because the economy is in such intense pain and there was such a deep crisis.
that it actually pulls back on inflationary madness.
But that is still the worst of all scenarios.
And the fact that she's actually willing to say that publicly, she also publicly over the weekend admitted in some uncharacteristic bluntness from Janet Yellen that the United States dollar is in danger.
And she admitted that the dollar is in danger precisely because of the harsh U.S. sanctions that the U.S. has imposed because it insists on escalating the Black Sea crisis between Ukraine and Russia.
And she admitted that many of the largest players in the world are now looking for dollar alternatives.
So you have her saying domestically here at home, gee, the Fed may not need to raise rates that much more because banks aren't going to lend to anybody and the economy will crash, as if that's an acceptable alternative.
At the same time, she's also saying While we run these massive uncontrollable deficits, that the US dollar is in trouble, which means, Steve, that the rest of the world will not be nearly as interested or willing to finance our deficits, which means that all of a sudden, the profligacy, the wasteful, exorbitant borrowing and spending that we have effectively gotten away with because of the primacy of the dollar, that goes away.
And if we get more normal market interest rates, if we get treated by the rest of the world as if we're a bit of an emerging economy, which is possible, Then the United States truly enters an economic downward spiral.
And all of that is possible.
And people who don't think it's possible, I encourage you to please look at history.
Countries like Argentina were once incredibly wealthy, wealthier than the United States by many metrics over a century ago.
They descended into the same kind of inflationary and debt madness.
It is possible for the United States to follow that sad trajectory, but it's also possible in just these coming days and weeks.
For us to reverse course, for us to start to steer the ship back toward fiscal sanity and shared prosperity in the country.
And I think that we need to run on that populist economic message.
steve bannon
Steve, hang on one second.
I want to ask you about Roger Marshall's, the 300-page report, because you've been the leader in this reparations thing of the Chinese Communist Party.
The next couple of weeks, the posse is going to prove their toughness, their mettle.
As we stand in the breach on the debt ceiling fight.
Short break. Back in a moment.
unidentified
Here's your host, Stephen K. Band.
steve bannon
Okay. In this segment, we're going to talk about things that President Trump calls the N-word, nuclear weapons.
We're going to talk about two things that are far more destructive and deadlier than nuclear weapons.
And, hey, they're pretty destructive.
Steve Cortez, you've been at the forefront of saying, I don't know what we're doing here, but why are we not forcing reparations from the Chinese Communist Party for the nation and other nations?
Senator Roger Marshall has got a 300-page report that says, hey, it came from Wuhan lab from July through September of 2019 in at least two distinct lab leaks of what essentially is a gain-of-function bioweapon.
Your thoughts, sir?
steve cortes
Right. Well, congratulations to Senator Marshall for this excellent and deeply cited report to Dr.
Marshall. This is so critical on the financial side too, Steve, because reparations are a must.
Justice requires it, and also the financial condition of the United States requires it.
And listen, $1 trillion, which is roughly what we owe the Chinese, by no means solves our debt problem, but it is a down payment at least.
on biological war reparations that the CCP clearly owes to the people of America.
The FAR total is far bigger than that.
And I think Dr. Peter Navarro says it's roughly $20 trillion.
Wherever the amount is, a trillion is a good initial down payment.
That debt should absolutely be released because we know, as a matter of fact, That even if it wasn't created as a bioweapon, I believe it was, but even if it wasn't, we know as a fact that the Chinese 100 % knew fully what they were dealing with, lied to the world, lied to the United States, got the fake medical stamp of approval from the World Health Organization, And infected, knowingly infected, the entire globe, including, of course, the United States.
This was an epidemiological Pearl Harbor, and they need to pay war reparations, starting with that Treasury debt.
I would then move on to tariffs, which I think make a lot of sense for a lot of reasons, but tariffs should be significantly higher and ratchet higher over time to defray what they owe us for war reparations.
steve bannon
Steve, how do people follow you on social media?
steve cortes
Yeah, please follow me on the Twitter.
I'm at CortezSteveCortez with an S. Appreciate it.
steve bannon
Thank you, brother. Let's bring in Joe Allen.
Joe, we had the Google 60 Minutes, and we did this again last night on Getter.
We had this start of the Elon Musk conversation with Tucker.
Before I get in, we're going to play a cold open for you.
Elon referred to being called a speciesist.
We're the head of the Luddites here and proud of it.
Just tell our audience, what is a species?
Why was that used as a pejorative term thrown at Elon Musk from Larry Page, the head of Google?
joe allen
So, Steve, speciesist, or speciesist, as he said it, it's a term that gets thrown around a lot by transhumanists.
You heard, you know, we covered last year this push for robot rights and civil rights for artificial intelligence.
And as crazy as that may sound, Zoltan Istvan, the one-time presidential candidate for the Transhumanist Party, published an op-ed in Newsweek last month Arguing for just that, and then The Hill published another op-ed very similar to that, asking for robot rights.
Now, what are the people, what kind of monster wouldn't advocate for robot rights?
A speciesist, someone who is biased towards their own species, in our case, human beings against potentially destructive artificial intelligence and robots.
steve bannon
I just want to make sure people, we're not making this up, this sounds like, you think this sounds like science fiction?
This may be the most important things that are happening in the world right now.
I would actually say the most important things.
I told Mike Lindell, never again can you have a machine, and I'm not a machine guy, but you can, machines got artificial intelligence.
This artificial intelligence revolution is overwhelming everything, and it's just, it's going to be followed by other aspects of transhumanism.
Let's play the clip, and I'm going to bring Joe Allen back.
mat staver
So all of a sudden, AI is everywhere.
People who weren't quite sure what it was are playing with it on their phones.
Is that good or bad?
elon musk
The smartest creatures, as far as we know, on this earth are humans, is our defining characteristic.
What happens when something vastly smarter than the smartest person comes along in silicon form?
It's very difficult to predict what will happen in that circumstance.
It's called the singularity.
It's a singularity like a black hole.
You don't know what happens after that.
unidentified
It's hard to predict. I don't think the average person playing with AI on his iPhone perceives any danger.
Can you just roughly explain what you think the dangers might be?
elon musk
It has the potential, however small one may regard that probability, but it is non-trivial.
It has the potential of civilizational destruction.
mat staver
Do you think That's real.
tucker carlson
It is conceivable that AI could take control and reach a point where you couldn't turn it off and it would be making decisions for people.
elon musk
Yeah. Absolutely.
Absolutely. No, that's definitely where things are headed.
For sure. The reason OPI exists at all is that Larry Page and I used to be close friends, and I would stay at his house in Palo Alto.
He really seemed to be a digital superintelligence, basically a digital god, if you will, as soon as possible.
He wanted that? Yes.
He's made many public statements over the years.
The whole goal of Google is what's called AGI, artificial general intelligence, or artificial superintelligence.
I agree with him that there's great potential for good, but there's also potential for bad.
If you have a super-intelligent AI that is capable of writing incredibly well in a way that is very influential, convincing, and is constantly figuring out what is more convincing to people, And then enter social media, for example, Twitter, but also Facebook and others, you know, and potentially manipulates public opinion in a way that is very bad.
How would we even know? In effect, Microsoft has a very strong say, if not directly controls OpenAI at this point.
So you really have an OpenAI-Microsoft situation, and then Google DeepMind are the two sort of heavyweights in this arena.
So I think I will Create a third option, although starting very late in the game, of course.
An AI that cares about understanding the universe is unlikely to annihilate humans because we are an interesting part of the universe.
Hopefully, they would think that.
unidentified
We have souls, and that makes us sentimental and reflective.
It gives us a moral sense, longings.
Can a machine ever have those things?
elon musk
I take somewhat of a scientific view of things, which is that we might have a soul, or we might not have a soul.
unidentified
I don't know. The overarching goal of Neuralink is to create, ultimately, a whole-brain interface.
In the long term, it literally could interface with every aspect of your brain.
What do we do about AI? What do we do about artificial general intelligence?
If we have digital superintelligence that's much smarter than any human, how do we mitigate that risk?
And then even in a benign scenario where the AI is very benevolent, then how do we even go along for the ride?
How do we participate?
So you want to be able to read the signals from the brain.
You want to be able to write the signals.
You want to be able to ultimately do that for the entire brain.
And then also extend that to communicating to the rest of your nervous system.
So this is Pager.
who is playing a monkey mind pong.
Pager has a Neuralink implant in this video.
It's sort of like having an Apple watch or a Fitbit replacing a piece of skull with like a, you know, a smart watch.
AI will make jobs kind of pointless.
Probably the last job that will remain will be doing writing AI software and then eventually the AI will just write its own software.
steve bannon
Okay. As important as this audience is for the head of the creditors committee, there's something that supersedes that, and that is this.
This is a crisis in an emergency.
And you can see it when he's talking about Larry Page.
What is going on and what they're building and what they continue to build, nobody is going to be able to control.
It is so obvious about that.
And I am more of a hardliner than this than anything else I've ever been a hardliner on.
We have to defend, and he says, you may or may not have a soul.
Okay, look, we talk for the people that have a soul.
Okay, maybe you don't, maybe you think you don't.
But, Joe Allen, this is quickly spinning out of control, sir.
joe allen
Steve, what we're talking about is oftentimes compared to a nuclear arms race, and for good reason.
Two scenarios that really are nightmarish.
One, the one that Elon Musk is talking about and all these other guys that we bring up are talking about is that artificial general intelligence, because it is faster than humans and can process way more data, would be completely out of human control and could gain control of any kind of critical system like nuclear weapons or like a bio lab where it could manipulate human beings to destroy each other.
That is nightmare scenario number one over in the worst possible category.
Nightmare scenario number two, you don't even need super intelligence.
You just need artificial intelligence systems that are sophisticated enough to monitor entire human populations and control them through...
Specifically tailored propaganda or other mechanisms, much like we see in the Chinese Communist Party's society.
So what we see with Musk is an open sort of transhumanist technocrat who is saying that technology is a problem, so what we need is more technology, and we need our good technology at x.ai.
steve bannon
And these are supposed to be the good guys, the good guys.
Take Dr. Marshall's report on the Chinese Communist Party and what they were doing in Wuhan in building, contra to the treaty they signed on bioweapons, they were building offensive biological weapons in the Wuhan lab that I still say, hey, maybe inadvertently escaped.
I know a lot of people on my phone are blown up.
They say, hey, they let it out on purpose.
Whatever. That is on the biological weapons side.
You don't think they're doing the same thing on the artificial intelligence side?
You're kidding yourself. And this is where we have no margin for error.
Joe, hang on.
We got a lot of wood to chop here in the last 30 minutes, and we're going to chop it all.
Okay? Joe Allen's going to join us.
We've got the Liberty Council on transgender ideology.
We've got a lot going. Liz, you're another fiasco at the United Nations.
unidentified
Okay, all next in the War Room.
elon musk
Yes. The reason OpenAI exists at all is that Larry Page and I used to be close friends and I would stay at his house in Palo Alto and I would talk to him late into the night about AI safety.
And at least my perception was that Larry was not taking AI safety seriously enough.
What did he say about it?
He really seemed to be what it once was, sort of a digital superintelligence, basically a digital god, if you will, as soon as possible.
He wanted that?
Yes. He's made many public statements over the years.
The whole goal of Google is what's called AGI, Artificial General Intelligence, or Artificial Super Intelligence.
And I agree with him that there's great potential for good, but there's also potential for bad.
And so if you've got some radical new technology, you want to try to take the set of actions that maximize probably it will do good and minimize probably it will do bad things.
Yes. It can't just be helpful others.
Let's just go, you know, barreling forward and, you know, hope for the best.
And then at one point, I said, well, what about, you know, we're going to make sure humanity is okay here.
And then he called me a speciist.
mat staver
Did he use that term?
elon musk
Yes. And there were witnesses.
I wasn't the only one there when he called me a speciist.
And so I was like, okay, that's it.
Yes, I'm a speciist, okay?
You got me. What are you?
Yeah, I'm fully aspecious. Busted.
So, that was his last straw.
At the time, Google had quite a deep mind, and so Google and DeepMind together had about three-quarters of all the AI talent in the world.
They obviously had a tremendous amount of money.
steve bannon
Remember, it's the computing muscle.
They're the top in the world, or the top couple in the world.
This term, once again, define it, Joe.
We'll figure it out by getting you on this afternoon or tomorrow, because this is so important.
But speciesist, basically somebody that defends, that believes that human beings are made in the image and likeness of God.
This is why I talk about mocking the eternal sin of mocking the Holy Spirit.
It's right there. And you got this guy, you got these guys at Google, and this is what Scott Pelley and 60 Minutes Dancer, and they should have been playing these quotes.
They should have been playing the quotes from Larry Page and Sergi.
Digital God, artificial general intelligence, artificial superintelligence.
All you got to do is look at Wuhan lab.
All you got to do is look at what they've been playing with on these bioweapons, which are beyond deadly and beyond uncontrollable.
unidentified
Joe Allen. Yes, Steve.
joe allen
I mean, you know, Musk obviously comes off very, very amiable there.
I think all of us agree that speciesism is not the worst sin in the world.
But what you also saw in that interview with Tucker Carlson is Musk's attempt to gain the trust of those on the right and the sane people in the middle.
I think he's done a very good job of that, a frighteningly good job of that.
And when he's putting forward this competitor, this third option beyond Microsoft and Google's artificial intelligence system, his XAI system, it comes with a Neuralink, right?
It comes with Optimus the robot.
It comes with the X app, which is what Twitter is supposed to become, a payment system that integrates finances into social media and the artificial intelligence systems That are working there.
To me, Steve, what I see is undoubtedly this competitive race towards artificial general intelligence playing out in the same sort of way that nuclear weapons did, but in the same way that Robert Oppenheimer was the one who warned against nuclear war.
Robert Oppenheimer was also largely responsible for the construction of the bomb.
Elon Musk is jumping into the fray to create the artificial intelligence bomb he's warning about.
steve bannon
Anybody that's watched that interview with Tucker Carlson last night that's buying this guy snake oil, you're a fool.
Let me just be blunt. Any of the fanboys and my brother Darren Beattie, who I love, anybody that's out there fanboying for Elon Musk, you're a fool.
You're a fool.
You're a fool. You trust this guy?
If you trust him, you're a fool.
Okay, how did we get to you, Joe?
We'll get you back on. The interview last night, I thought, exposed everything you needed to expose.
He's not as dangerous as paging these guys.
These companies literally ought to be shut down right now.
They ought to be seized and shut down.
Let me repeat that.
They ought to be seized and shut down.
This is going to go to an emergency.
I've been telling you guys, it's going to go to an emergency.
Now it's all coming out.
How do we get to you, Joe?
joe allen
JoeBot.xyz, WarRoom.org under the Transhumanism tab, social media at J-O-E-B-O-T-X-Y-Z. Thank you very much, Steve.
steve bannon
Thank you, brother. Forget the...
I told Lindell, if you don't...
Every Democrat...
Look, it is...
Artificial intelligence and a free society are totally and completely incompatible.
Let me repeat that.
Artificial intelligence and a free society are absolutely and totally incompatible.
Full freaking stop.
I want to bring in now Matt Staver over at Liberty Council.
The work you guys have been doing is incredible.
I've got to get this up about the satanic clubs.
I just wanted people to understand.
You've been leading the effort throughout the country to have kids have good news clubs, right?
Can you describe what that is and how that's kind of, I'm not saying triggered, but these satanic clubs that try to basically get these young people and turn them into satanic temple devil worshippers, satanic worshippers, part of the satanic cult.
Walk me through how that's playing out throughout the country, sir.
mat staver
Yes, we represent Child Evangelism Fellowship, which sponsors the Good News Clubs.
And there's a case that began at the United States Supreme Court that really set the landscape for this, going back to June 11, 2001, that found that it's unconstitutional to allow other clubs, for example, like the Boy Scouts on campus, while you're excluding Christian clubs like the Good News Clubs.
So these are elementary school clubs, K through 5, some in the lower middle schools, generally kids 5 through 12.
And they have after-school programs.
They only allow kids based on parents' permission.
There's now over 4,800 Good News Clubs in elementary and middle schools around the country.
We've never lost a case.
We've had over 200 cases on behalf of Good News Clubs and Child Evangelism Fellowships.
So they're very successful. Principals, frankly, have asked for these Good News Clubs because They see a positive benefit in the behavior of the kids after a Good News Club comes on campus after school.
Well, this caught the attention of this fringe group, the so-called Satanic Clubs organization.
And they have one purpose, and that is to remove Good News Clubs by scaring school board officials and local officials into saying that, well, you have the Good News Club on campus, so we, the Satanic Clubs, have a right to meet on campus as well.
And we want to be able to meet.
Their whole purpose is not really to meet.
Their whole purpose is not to have a club.
Their whole purpose is to scare the school officials into saying, we're not going to allow you to meet and, oh, by the way, we're going to shut down the Good News Clubs.
Well, that hasn't happened.
The Good News Clubs are continuing to grow.
Frankly, what we see is more of a media smokescreen that they put forth.
They present information that they're meeting on campus.
What happens in reality, and we've traced these, is that, yes, they may ultimately meet on campus, but they fizzle out because nobody wants to send their kids to these so-called satanic clubs.
Now they're putting out different videos that are not scary ghost and goblin satanic videos.
They're putting out videos that show that maybe they can have fun.
But frankly, they are playing with fire.
The people that actually started it are not true Satanists.
They're actually more agnostic or atheist.
But they use satanic symbols and therefore they're playing with fire by doing so to use this as a scare tactic and they present it to the media Anywhere, whether it's a public school with after-school clubs or some other place, like in the case that we won at the U.S. Supreme Court 9-0 in the Boston case with regard to the Christian flag, they try to come after us, behind us, and they try to have the same kind of access.
So they send out press releases, get a lot of media, they have a lot of hype, and then when you go back and you investigate what success they had, If they did start, they fizzled out because eventually people just simply say, we have no interest in this.
But that's their whole reason for existence, their whole rates on debts, if you will, and that is to eliminate good news clubs.
You know what? It's not going to happen.
We're continuing to grow these good news clubs.
School principals, other people around the country, they recognize that these good news clubs That teach good character from a biblical perspective.
You know what? The kids actually begin to respect one another.
They begin to respect their parents.
They begin to respect their teachers.
And they see a visible, positive transformation in the kids.
And that's why these clubs are growing so rapidly.
steve bannon
But obviously, the good news clubs, the benefits are self-evident.
Isn't the issue, you've got these parents, and it just takes a couple of kids, because the way they're selling it, we played the jingles and showed the videos on Saturday.
I think my sister was here. She brought it up because a lot of people she knows are worried about this.
They make it into self-empowerment.
They don't really, you're not having the, they're not sacrificing animals.
They're not doing black mass at the beginning.
They're looking at it as a self-empowerment tool.
If you look at this, it's all the modern, the 21st century modernism's self-help therapy is all this.
The kid can be self-empowered.
They can have self-respect.
They do all this. Isn't the issue, does any of these get traction at all?
Maybe they don't start with anybody, but you just get one or two kids that get sucked into this.
Next thing you know, you've got a third of the school is there for self-empowerment, and they're leading them down the path.
It may start with agnostic and atheism, but it leads down to, as bad as that is, as horrible as that is, it leads you down to something actually more perverted, sir?
mat staver
Yeah, no, I agree with you, Steve.
That's certainly right.
On the one hand, oftentimes there are a flash in the pan and they fizzle out.
On the other hand, they're not Sacrificing people or animals as part of their rituals, but they're playing with fire with these satanic symbols, or they call themselves satanic clubs, and now they're going into these self-help issues.
And the problem is not whether you have a lot of these proliferate.
I don't think you will. But even having some of them, you're going to have kids that get involved in some of these clubs.
And the consequences, although they may look like fun and games at the beginning, are going to be problematic the longer that they're led down this false path.
I think schools ought to, you know, Good News Clubs, Child Evangelism Fellowship, which is the sponsor of them, They on their own require parents to consent to any kid that comes to their club.
It's not a school requirement, it's a national requirement by the organizations.
Schools can require parental consent for all their clubs as well.
There's other ways to deal with these kinds of nonsensical, problematic clubs like these satanic clubs.
And most parents are not going to sign a permission slip to go to some satanic club because that's what their name is.
unidentified
Yeah, but you've got these teachers.
steve bannon
Heck, you've got half these teachers.
We're going to have Robbie Starbuck and his wife Landon on.
Tonight, at 6 o'clock, we're going to go through the whole thing of major-minor discretion.
They're pushing this for children to have their own consent at 12 years old, and the teachers are pushing this.
The teachers in the school, two-thirds of the teachers in the school, I wouldn't trust right now.
I just wouldn't around the children and what they're pushing.
Matt, hang on for a second.
We're going to hold through a break. I want to get where people can go and get more information about this because we've got to get on top of this.
I understand, you know, being part of this audience is not the easiest thing in the world.
But hey, you've got to say, look, divine providence put me here for a reason.
You're raising detras, they say.
Divine Providence has got you here for a task and a purpose.
I didn't say it was going to be easy.
I never promised that at all.
I said it was going to be hard. Damn hard.
Okay? Short break.
Matt Staber. I got the one and the only Liz Yor next in the War Room.
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steve bannon
That is central to these debates going on right now.
You're going to be in the forefront of this audience.
So we're going to be putting lots of information up on Getter today.
Make sure that you absorb it because you've got to be at the cutting edge of this debate.
You're the head of the creditors committee.
Make sure you go to birchgold.com slash Bannon right now.
Get the Debt Trap is the third installment.
All of it's free. Just go immerse yourself.
These are homework assignments.
Because you've got to be not just awakened.
You've got to be at the cutting edge of knowledge for all this.
So make sure you go there today. Also, all the different alternatives about IRAs, 401Ks, about precious metals.
You can talk to Philip Patrick and the team about that.
But download it all. Go there today.
Matt Staver, Liberty Council, you guys are the yeoman in the vineyards, right, working.
How do people get there?
Particularly, I know there are going to be a lot of questions about these satanic clubs.
People are very, very upset about this.
And also, they've got to find out more about the good news clubs.
Where do they go to find out more about you guys and actually make contact with you, sir?
mat staver
Steve, they can go to Liberty Council's website.
Very simple, lc.org.
That's just lc.org.
If you have questions, you need assistance, we're there to help, and we do that at no cost.
That's part of our ministry at Liberty Council.
steve bannon
By the way, the way we're going to win is the Matt Stavers of the world, the Liz Yores of the world.
The people that line up on our football are not going to back down one inch.
They got the toughness, the grit, the smarts, and the fighting spirit.
They're not going to back down. That's why I say I like our odds here.
It didn't say it was going to be easy, but I like our odds because I like the people on our side of the football.
Call me a speciesist, if you may.
Matt, thank you very much.
Honored to have you on here, brother. Great work at Liberty Council.
mat staver
You guys are great. Thank you, Steve.
unidentified
Thanks for all you do. Thanks, brother.
steve bannon
Liz Yor, United Nations.
Walk me through. You've got to walk me through the logic of this.
I don't understand it. It does play, and people that mock the Q guys and mock the thing, and I've been in the past saying, hey, anybody who says white hats doesn't know what they're talking about.
But you see this, and I mean, you tell me, what is this thing with the United Nations and the no criminalization of any kind of contact with young people by adults on the sexual predator nature?
What is going on here?
liz yore
Walk me through this. Well, you know, I feared this day.
Many child advocates for years have been warning about the normalization and decriminalization of pedophilia.
And lo and behold, no surprise, the U.N. has issued a report that's been apparently in the making for five years.
And it's been pushed by the International Commission on Juris.
So there's many judges on this report from all over the world.
In fact, there's professors from Georgetown Law, our alma mater, Steve, and Yale.
And this is essentially what the United Nations is doing.
And once you hear this, everything is going to now fall into place.
You will see what the agenda is.
The United Nations is now declaring that pedophilia is a human right.
And this so-called human right should not be criminalized or prosecuted.
They're clearly saying that minors can consent To sex with an adult.
Now, in the Judeo-Christian legal system, we know that children...
steve bannon
Okay, ho, ho, ho. Slow down, slow down, slow down, because I know you're going to get blown up.
I just want to go back.
Give me the report, the official title of the report.
I want people to be able to link to it.
And just give me it again. The thing hasn't been voted on or approved, but it's an official report five years in the making.
What's the title of the report?
What UN establishment?
And then people can read it.
And what does the report say?
liz yore
And you can see it at Your Children, my website.
I posted it. It's called The 8 March Principles for Human Rights-Based Approach to Criminal Law Prescribing Conduct Associated with Sex, Reproduction, Drug Use, HIV, Homelessness, and Poverty. And it's on the UNAIDS website.
And it gives legal advice on issues related to sex involving children under the age of 18.
So this report is, I think, the next generation of we have abortion rights, we have LGBT rights, we have trans rights.
And now we're going to have pedophilia rights.
And for all those parents who've been scratching their heads saying, you know, they're grooming our kids, you know, with this in kindergarten, in preschool, with books and sex ed, what is going on?
This is what's going on.
They are softening the target so that this report can be the basis of pushing for a worldwide decriminalization of sexual exploitation of children.
We don't need any more laws on this issue.
Steve, we've got state and federal laws that are very strong on protecting children.
But this is what the elite, global elites have always wanted to legitimize pedophilia.
And I've never seen a report like this.
I have never seen a report.
The opening statement is from a former judge, retired judge in South Africa, who is a very prolific gay activist.
And he talks about himself in the report.
And he said, for many long years in the law, as a proud gay man, I know profoundly how criminal law signals which groups are deemed worthy of protection and which are deemed worthy of condemnation and ostracism.
So they are going to de-stigmatize pedophilia.
That's the agenda here.
And, you know, it shouldn't come as...
steve bannon
Yeah. Yeah, we're going to get into more of it.
I just want to make sure the report's out there.
People can read it, and it goes up on your site.
How do people get to you, both the site to get the report and then your analysis you put up on social media?
Where do people go? Sure.
liz yore
The report is up on your, Y-O-R-E, children, my website,.com.
And I'm everywhere on all social media platforms under Elizabeth Yor.
So the report's up there.
I'll be commenting more on it.
This is a heads-up to parents.
And this report is not going on a shelf, Steve.
This report is going operational.
It's going operational.
And this is the reason why Trump wanted to defund the United Nations.
steve bannon
The U.N. Trump was 100 % correct on this.
We're going to have a call to action on this.
Thank you, Liz. I didn't say this show was going to be easy today, did I? Not a lot of happy talk.
Charlie Kirk follows us back 5 to 7.
I'll be here at 6.
Natalie Winters at 5.
Don't miss it. We're going to be on fire in the war room.
Charlie Kirk, Real America's Voice, next.
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