May 8, 2023 - Bannon's War Room
48:50
Participants
| 
| Speaker | Time | Text |
|---|---|---|
| This is the primal scream of a dying regime. | ||
|
unidentified
|
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. | ||
| 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? | |
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
|
War Room, here's your host, Stephen K. Bannon. | |
| It's just one of the big challenges he faces now, more revealed by our brand-new poll. | ||
| Political Director Rick Klein here to break it down. | ||
| And Rick, this poll is just brutal for President Biden. | ||
| Absolutely, George. And you talked earlier about that record low approval rating for President Biden. | ||
| It's actually six points down just since February. | ||
| And the skepticism over his leadership extends deep inside his own party. | ||
| Only 36 percent of Democrats Think that their party should nominate Joe Biden for a second term. | ||
| 58 % say they would support someone else or prefer someone else. | ||
| That's despite the fact that the entire DNC and most of the Democratic establishment has rallied behind President Biden. | ||
| And you're seeing real weaknesses in the coalition that powered Joe Biden to the presidency back in 2020. | ||
| Biden carried independence by 13 points. | ||
| He is now trailing Trump by nine points among those same voters. | ||
| He carried black voters by 75 points in 2020. | ||
| Now he's up just 35. | ||
| That may sound like a lot, but the fact of the matter is, in modern politics, that is not the kind of number that a Democrat needs to be victorious. | ||
| And then, of course, that does spill over into the head-to-head matchup, the hypothetical rematch, Trump versus Biden. | ||
| Right now, a seven-point edge in our poll from Trump leading Biden. | ||
| In fact, it's an identical number with Ron DeSantis in a head-to-head that might happen next November. | ||
| That tells us at this very early stage, George, that this race is shaping up a lot more about the incumbent president, Joe Biden, than it is about any of his challengers. | ||
| And Rick, as I mentioned with Senator Langford, President Trump, at least right now, appears to be strengthening his hold on his front-runner status for the Republican nomination. | ||
| Yeah, that's exactly right. We've seen Donald Trump's numbers go up in the last couple of months across a range of polls, and most of the other candidates either going down or staying around the same. | ||
| Ron DeSantis at 20 percent. | ||
| Of course, that is not even half Trump's total right now. | ||
| Everyone else in the single digits. | ||
| That includes our ABC News contributor Chris Christie, He's considering a run of his own. | ||
| He's at 1 % in this poll. | ||
| And when we ask people to focus in on the top candidates, to choose just among the top contenders, you actually see Trump's number go up a little bit. | ||
| Ron DeSantis does as well. | ||
| But still, he's nowhere near where Donald Trump is across the country. | ||
| The other candidates, again, still in the mid or low single digits. | ||
| And this is interesting because Despite all of that, despite the strength that we're seeing for Donald Trump right now, a strong majority of Americans think he should be facing criminal charges across a range of investigations, including on this one, 56 % say that he should face charges over his attempts to overturn the 2020 election. | ||
| What's interesting to me about this, George, is that even among that 56%, the people that think that, yes, Trump should face criminal charges, 18 % say they would vote for Donald Trump over Joe Biden anyway. | ||
| That tells you a lot about Trump's potential strength, but maybe more than that, some of Biden's weaknesses. | ||
| And that question of age that you mentioned earlier that Joe Biden has been trying to address. | ||
| Donald Trump is less than four years younger than Joe Biden, but the concerns over Biden's age are much more significant. | ||
| 68 % of voters say they think that Joe Biden is too old for an additional term. | ||
| Only 44 % say the same about Donald Trump. | ||
| Rick, I gotta admit, I have a hard time wrapping my head around that. | ||
| You've got one in five people who say they believe President Trump should face criminal charges, but they'd still vote for him? | ||
| It is remarkable, and I do think once there's a matchup with an actual person, maybe that changes, but that just tells you about how much Trump is kind of baked into the political equation. | ||
| Let me comment briefly on recent developments in the banking sector. | ||
| Conditions in that sector have broadly improved since early March, and the U.S. banking system is sound and resilient. | ||
| In addition, the economy is likely to face further headwinds from tighter credit conditions. | ||
| The extent of these effects remains uncertain. | ||
| Look, I don't want you to worry about nothing. | ||
| This is going to be the easiest thing in the world. | ||
| Your mama can take his back. | ||
| Party now! Just stick up. | ||
| You just take it easy and nothing's going to happen to you. | ||
| Honey! Give me the money. Give me the money. | ||
| What money, mister? There ain't no money here. | ||
| What you talking about? This year's a bank, ain't it? | ||
| It was a bank, but we failed three weeks ago. | ||
| The Biden spending led to the Biden inflation that led to the Biden Fed having to jack interest rates to try to choke it down. | ||
| That led to the Biden bonds. | ||
| The bonds dropped 80 percent. | ||
|
unidentified
|
Plus, customers started leaving, taking their deposits out, going to higher returns. | |
| This is going to exacerbate the implosion that is upon us. | ||
|
unidentified
|
Stay Brett. First, I want to start off with a Fed commentary, which was tremendous signal. | |
| They said, and this is not a Saturday Night Live skit line, the banking sector is fine, but we're not sure about the credit. | ||
| That is the banking, right? | ||
| Banking is credit. | ||
| Hi there, and welcome to Credit Fitness Club. | ||
| It's important to have a clear understanding of what credit is. | ||
| Consumer credit cards, student loans, car payments, mortgages, these are all common types of credit that people use every day. | ||
| So I've got a few charts here. | ||
| Let's start with chart one. | ||
| And it basically is the bomb. | ||
| We're currently seeing the largest decline in U.S. commercial bank deposits since 1934. | ||
| Remember the movie Bonnie and Clyde? | ||
| Yeah. When Bonnie and Clyde out there in West Texas, they're going around robbing banks, and the first, I think, two or three banks they rob, they go, hey, buddy, we're not a bank anymore. | ||
| We closed down, right? | ||
| Depositors all ran and had a bank run. | ||
| Everything's in 1929 when the stock market crashed. | ||
| Hey. The worst part of the depression was all to come. | ||
| This brought Roosevelt to power. | ||
|
unidentified
|
These people have us living in chaos. | |
| I thought under Trump we were supposed to be in chaos. | ||
| What did Trump do? He just brokered peace deals, best economy ever, lowest unemployment ever. | ||
| Here's the scary thing. | ||
| There's no credibility in Yellen. | ||
| There's no credibility in Powell. | ||
| There's no credibility in Biden. | ||
| The spending's a liability. | ||
| It's not a benefit. And you're crushing the American people. | ||
| You're crushing citizens of this country. | ||
|
unidentified
|
We had people voting who were illiterate politically, but they voted for Joe Biden. | |
| Now America suffers. | ||
| MAGA Republicans in Congress are threatening to throw America into default, crashing our economy. | ||
| Their latest radical demand? | ||
| They want to repeal investments in affordable, clean energy and manufacturing that are already creating hundreds of thousands of jobs across America. | ||
| Their reckless demands will kill countless American jobs, even jobs in their own hometowns. | ||
| Because for MAGA extremists, it's never about your jobs or our economy. | ||
| It's always about pushing their extreme agenda. | ||
| Allied armies had isolated large parts of the German force in Italy. | ||
| On Sunday afternoon, April 29th, two German officers, looking rather incongruous in civilian clothing, sat down. | ||
| We're going to get to it. It's Monday, 8 May, Year of Our Lord, 2023. | ||
| I want to save that last piece. | ||
| It's 78 years ago today at approximately 2200 in German time, the surrender document, the surrender instrument of the German army. | ||
| Victory in Europe Day. Of course, the Russians had to have it positioned because, remember... | ||
| The deal cut at Yalta, Roosevelt and these guys let the Russians take Berlin. | ||
| They had to have it so late at night that it would be morning in Moscow. | ||
| That's why Victory Day for the Russians is 9 May. | ||
| But Victory in Europe today, we're going to spend a lot of time today throughout the programs talking about that and what it means for us today as the early stages of World War III that we're in. | ||
| I want to bring in John Katsimatidis. | ||
| John is one of the most successful entrepreneurs in this nation, up from his own bootstraps in many, many different businesses, also the owner of WABC, and over the weekend gave one of the most important interviews so far in this cycle to Robert F. Kennedy Jr. | ||
| But John, I've got you on here because your business expertise and how highly I regard your thinking about this as an entrepreneur. | ||
| The Financial Times of London, U.S. faces Quote, Constitutional crisis over debt ceiling deadlock. | ||
| Secretary of Treasury Yellen warns of Denver can bring into that headline. | ||
| This is this morning's Financial Times of London. | ||
| The reason is, is that over the weekend, given many opportunities by George Stephanopoulos, in fact, we'll play that clip later, to basically say they would not turn to the gimmick. | ||
| The gimmick, not the gimmick of the trillion dollar coin that Paul Krugman's pushing, but the gimmick of relying upon the 14th Amendment to get around, quite frankly, not even cuts to spending, but just cuts to the growth rate, that they will invoke the 14th Amendment to get around it. | ||
| It is a weak... | ||
| That the Biden regime, the bottom falls out, invasion on the southern border. | ||
| People are expecting 700,000 to a million across the southern border starting on Thursday. | ||
| President Trump with a town hall on CNN this week, Caitlin Collins, and also tomorrow the big negotiations. | ||
| John Katsimatidis, where do you think? | ||
| Give us your assessment of where this economy is, particularly from the point of view of an entrepreneur that puts his own capital at risk, sir. | ||
|
unidentified
|
Well, the economy wants to do well. | |
| I've been taking the pulse of it for the last 12 months. | ||
| And even our friend Larry Kudlow says to me, John, you've been right all along. | ||
| And the inflation only comes from the price of oil. | ||
| And if the price of oil goes down, then inflation is going to come down. | ||
| Except the Fed is not smart enough to realize that, and they keep raising interest rates and destroying everything else. | ||
| They raised interest rates 5 % in the last 12 months. | ||
| And what happens? Number one, it destroyed the real estate industry. | ||
| The real estate industry is in deep crap. | ||
| Number two, It now is destroying the banks themselves because by raising interest rates so fast in a 12-month period, it took the bonds in the banks' portfolios and the value in the bonds' portfolios, and guess what? It went down. | ||
| Then the next shoe that's going to fall that nobody's talking about yet, and I'll tell you, I'll talk about it, is the banks are shut down. | ||
| They're not lending any money to anything except AAA credit. | ||
| And guess what? | ||
| That's going to hurt America overall because the banks are shut down. | ||
| They're not going to lend money on real estate. | ||
| They're not going to lend money to industries. | ||
| So that's the next shoe that's going to fall. | ||
| And what I'm saying that the Fed should have paused by raising interest rates again, they're chasing something that's unchaseable. | ||
| Because you're not going to bring down the inflation rate unless there's more confidence in the system. | ||
| If the price of oil, like we had under President Trump, is down to $55 a barrel, then inflation will go away by itself. | ||
| And by forcing interest rates up, all we're doing is killing our country. | ||
| John, I want to go back. | ||
| We've talked about this credit contraction. | ||
| Talk to us because people are not talking about that. | ||
| The business channels haven't picked up. | ||
| How big a deal is it that the regional banks that lend to entrepreneurs, that there's now a credit contraction, you can't get a loan for love nor money, sir? | ||
|
unidentified
|
Forget about it. You're not going to get any money. | |
| The real estate market is going to continue to contract because construction is going to slowly come to a halt. | ||
| I mean, what banks and now people are trying to borrow from hedge funds, and they're even being more careful. | ||
| Nobody wants to pay 8 % for a construction loan. | ||
| John, this debt, this huge fight we have tomorrow, by the way, we'd like to hold you just through the break for a couple of minutes on the side because I don't think we're going to finish here. | ||
| Your sense of this debt ceiling fight and particularly the gimmicks, the Democrats, they're talking about printing a trillion dollar platinum coin. | ||
| Krugman's talking about that. Janet Yellen will not take off invoking the 14th Amendment. | ||
| What's your sense of this? | ||
|
unidentified
|
Well, I'll tell you the truth. | |
| The Republicans should use the debt as a weapon. | ||
| The debt is irrelative. | ||
| You know, Steve, me and you were around when the debt just 20 years ago, 25 years ago, I forget, when it was like $5 or $10 trillion. | ||
| Now it's $30 trillion. | ||
| It doesn't mean anything if there's confidence in the system. | ||
| The dollar was almighty. | ||
| If there's confidence in the system, I don't worry about the debt. | ||
| But the problem we're having is a lack of confidence in the system. | ||
| Nobody trusts the White House right now. | ||
| They don't trust President Biden's decisions that he's making. | ||
| That's a bigger problem than the debt. | ||
| So what the Republicans, the strategy the Republicans should use is Hang on one second. | ||
| Hold the punchline. | ||
| We've got to take a short commercial break. | ||
| We've got to pay some bills here. | ||
| John Katzmatidis from the John Katzmatidis Show. | ||
| He's the owner of WABC. A huge entrepreneur in New York City and throughout the country. | ||
|
unidentified
|
going to trust vote also after the break Stephen K Band. | |
| you. | ||
| you Okay, Russ Vogt is going to join us in a minute. | ||
| I remember on ABC with Stephanopoulos, it was Janet Yellen, your Secretary of the Treasury. | ||
| She was the one that said constitutional crisis. | ||
| That's not the war room. | ||
| That's not Russ Vogt. | ||
| She said constitutional crisis. | ||
| This is the extremism you've got in this regime. | ||
| John Katsimatidis, you're going to give me the punchline here of what we need to do to restore confidence. | ||
| And since people hold you in such high regard as an entrepreneur, tell us what we need to do. | ||
|
unidentified
|
The most important thing is I don't think the debt ceiling is that important. | |
| I don't think anybody cares in the world if it's $31 trillion, $32 trillion, $33 trillion. | ||
| It doesn't matter. | ||
| What matters is confidence in the system. | ||
| They have to have confidence in the White House. | ||
| And right now, we lost the confidence of Saudi Arabia, who has aligned themselves with China. | ||
| India doesn't feel so good about us right now. | ||
| Turkey doesn't feel so good about us right now. | ||
| Pakistan doesn't feel good about us right now. | ||
| Brazil doesn't feel good about us right now. | ||
| Even Argentina is looking to align themselves with China. | ||
| Steve, it's the old James Bond movie. | ||
| Spectra. The evil empire. | ||
| Russia, China. | ||
| China is the chief coordinator. | ||
| And the people are starting to align themselves with them instead of the United States of America. | ||
| And China is pushing the one. | ||
| We have to negotiate. | ||
| We'll go above the debt ceiling, but I think there's other more important things that we have to negotiate. | ||
| The border. Very important. | ||
| I mean, it's crazy. | ||
| It's crazy what's going on. | ||
| As an entrepreneur, You just talked about the credit contraction and an entrepreneur that money-centered banks aren't going to lend to 95 % of the entrepreneurs out there. | ||
| Are you concerned that the debt with the interest payments now that the Fed's jacked up the rates, when you have to pay a trillion dollars, which we'll do very quickly, just to pay the interest on the debt without paying any principal, does that concern you? | ||
|
unidentified
|
If inflation comes down and we go back to 2 % interest rates, it doesn't mean anything. | |
| That's the trick. | ||
| But the Fed has to be, somebody has to be smart enough in Washington to realize that. | ||
| And if you don't open up the oil spigots in North America to bring the price of oil down, right now the oil markets are being controlled by Russia and China. | ||
| They want $100 oil. | ||
| This is the truth. | ||
| They want $100 oil to pay for everything. | ||
| A trillion dollars' worth of wealth has moved from North America All the way to China, OPEC nations, et cetera, et cetera, Russia. | ||
| And that's what the problem is. | ||
| And we got to use our resources in North America to bring down the price of oil at $55. | ||
| I am very disappointed in President Biden. | ||
| I am concerned. | ||
| You know, we'll never use the T word. | ||
| But I believe that China has undue influence on Washington and undue influence on the whole system. | ||
| I mean, the fentanyl coming in from the borders. | ||
| I mean, our country's in trouble. | ||
| And if we don't get a hold of it right now, we're going to be in trouble. | ||
| You know, Venezuela came to an end in 20 short years in South America. | ||
| If we don't get a hold of it in 2024, America is in trouble. | ||
| When a guy like Katsimatidis, who's one of the most optimistic guys I know, is saying, hey, you're looking into the abyss, you've got a problem. | ||
| John, I'm going to get you back on later in the week. | ||
| The interview with Robert F. Kennedy Jr. | ||
| was one of the most significant political interviews in this cycle. | ||
| We don't have time to go through it this morning. | ||
| But how do people get to you? You've got an afternoon show, I think after Rudy, and you've got the morning show. | ||
| How do people get to you? How do they find your content? | ||
|
unidentified
|
Well, how do they find my contact? | |
| I guess they can say cats at wabcradio.com. | ||
| C-A-T-S. Thank you for showing my book. | ||
| My book is doing very well, and it's about common sense in the business place, how to make a billion dollars in common sense. | ||
| And you know who's buying it, Steve? | ||
| Grandfathers and fathers and giving it to their kids and grandkids because they want their kids and grandkids to be successful. | ||
| Where do you get the book on Amazon? | ||
|
unidentified
|
You can get it on Amazon.com or BarnesandNoble.com. | |
| And it's worth the investment to teach your kids and grandkids to make a few dollars. | ||
| John Katzmatis is one of the best entrepreneurs out there. | ||
| Sir, thank you very much. Thanks for taking time away from your busy schedule to join us here in the War Room. | ||
|
unidentified
|
Thanks, brother. Look forward to seeing you in person. | |
| Same, same, sir. Hang on for a second. | ||
| I think we got Janet Yellen, the crack staff in Denver and here in the war room up all night working. | ||
| I think we have the Janet Yellen clip. | ||
| Let's play this about the constitutional crisis. | ||
|
unidentified
|
Hit it. He said on Friday night that he's not ready to invoke the 14th Amendment. | |
| Of course, the 14th Amendment says that full faith and credit of the United States should not be questioned. | ||
| And the implications of that would be if he invoked it is the United States would just continue to issue debt, saying it's unconstitutional not to. | ||
| Now, the president said he's not ready to do that, but it didn't seem like he took it off the table. | ||
| So is it still a possibility? | ||
| Look, you know, our priority is to make sure that Congress does its job. | ||
| There is no way to protect our financial system and our economy other than Congress doing its job And raising the debt ceiling and enabling us to pay our bills. | ||
| And we should not get to the point where we need to consider whether the president can go on issuing debt. | ||
| This would be a constitutional crisis. | ||
|
unidentified
|
But is it on the table? | |
| Is it something that could be considered? | ||
| Are you saying you just said there's no way this can be done without Congress? | ||
| Is that a hard and fast position that the president will under no circumstances invoke the 14th Amendment? | ||
| Look, all I want to say is that it's Congress's job to do this. | ||
| If they fail to do it, we will have an economic and financial catastrophe that will be of our own making. | ||
| And there is no action that President Biden and the U.S. Treasury can take to prevent that catastrophe. | ||
|
unidentified
|
I'm still not exactly clear on whether it's on the table or off the table. | |
| Is it a break glass in case of emergency option? | ||
| Look, I don't want to consider emergency options. | ||
| What's important is that members of Congress recognize what their responsibility is and avert what will surely be, regardless of how it's handled, what option is used to handle it, an economic and financial catastrophe. | ||
|
unidentified
|
It sounds like you're saying you don't want to, but you may have to. | |
| Well, what to do if Congress fails to meet its responsibility? | ||
| There are simply no good options, and the ones that you've listed are among the not good options. | ||
| Okay, the Financial Times guys' lead. | ||
| Constitutional crisis. | ||
| Russ Vogt, we're asking you, have we got the rats cornered? | ||
| Now they're talking about printing trillion dollar platinum coins, and they're going to invoke the 14th Amendment, sir. | ||
|
unidentified
|
We could not have them in a more difficult position for their interest and to be able to deal with the fiscal house that we have right now and using the debt limit as an opportunity to get after the spending and the recklessness that we have seen for many, many years. | |
| And I think it's important to simplify this debate. | ||
| And you've seen that over the course of the weekend. | ||
| They're the ones that are saying that we are headed towards a constitutional crisis. | ||
| On this, we are not. | ||
| This is a typical debt limit standoff. | ||
| And so when they talk about invoking the 14th Amendment, simply put, they are talking about ignoring the law. | ||
| There is nothing under the 14th Amendment that allows them to ignore the debt limit. | ||
| And even Larry Tribe, who's the Harvard law professor that they use and they trot out moments like this, he put out the trial balloon over the weekend. | ||
| Even he said, this is ignoring the law, but we should do it anyways. | ||
| So when you hear 14th Amendment invoking that, simply put, it's ignoring the law. | ||
| Their other option is to talk about a platinum coin, a trillion dollar platinum coin. | ||
| All of that is, to simplify the debate, it's printing money. | ||
| There you have these two options. | ||
| Think of them in the economic space as this version of a nuclear option, and the left wants them to use it. | ||
| As a result, we've got to plow through and be able to comprehend and explain to the world what is being talked about. | ||
| One has endless inflation potential in the midst of high inflation. | ||
| And the other one, you have an incredibly weak president that's going to take this post-constitutional world that we live in and dramatically go and hit the gas in ways that they don't have the option to. | ||
| And I would just remind the left, when you did this on Harry Reid, when Harry Reid took the nuclear option as it pertained to judges and executive appointees, look where that got you. | ||
| So I think the order of the day is heading into tomorrow's big meeting with Biden and the congressional leaders. | ||
| They're going to want to make this about a summit. | ||
| This is the regrouping of the cartel. | ||
| This really is just about a negotiating between Kevin McCarthy and Joe Biden. | ||
| They're going to want to reconstitute the cartel in a way that is not in our interest. | ||
| McCarthy's got to do a good job of saying, I'm negotiating with Biden. | ||
| Schumer, you have no role to play because you haven't passed the bill. | ||
| We've got to put aside all of these fake options that are really just very simply ignoring the law or printing money. | ||
| And then we've got to get you to the point where you realize you have to pass our bill. | ||
| And if you don't pass the bill, you have a very simple option and the authority to do one thing. | ||
| Pay treasury and interest on those treasuries. | ||
| We will not have a default. | ||
| You may not timely pay every grant at the NIH. You may not timely pay everything at the Department of Education. | ||
| But we will not have default. | ||
| And we've got to be able to comprehend and explain what's going on this week. | ||
| So that the American people understand the stakes. | ||
| Russ, I know you're jammed. | ||
| I just need to hold you for a few minutes after the break because I've got to talk about the Senate. | ||
| Mike Lee led an effort to put the marker down. | ||
| The Senate's got our back right now. | ||
| A massive week for the MAGA movement, for the United States of America, for the restoring of our sovereignty and fiscal sanity. | ||
| All next in The War Room. | ||
|
unidentified
|
We're all gone. We rejoice when there's no more. Let's take down the C.C.B. | |
| They have all I've w- Stephen K. Bannon Okay, birchgold.com slash Bannon Make sure you go to it. Check it out now. | ||
| You'll find out why all the central banks in the world are buying more gold than they've ever done in history. | ||
| 2022-2023. | ||
| Also, Check it out. | ||
| In addition, get the end of the dollar empire. | ||
| It's totally free. It's a series we've been doing. | ||
| The latest installment, The Debt Trap. | ||
| Ripped from today's headlines. | ||
| It'll get you totally immersed in everything you need to know. | ||
| Because these negotiations are not going to be a one-day, trust me. | ||
| And they're bringing everything. | ||
| They're bringing the heat. I told you they were going to call you. | ||
| That's the spot, the Democratic spot that got planned. | ||
| They're running the sprockets off it. | ||
| It's all your fault. | ||
| It's ultra MAGA. It's MAGA extremists. | ||
| You're the head of the creditors committee. | ||
| We told you you were going to take some flack getting over the target, and hey, it's coming, and it's coming hard. | ||
| Make sure you go to birchgold.com slash Bannon today. | ||
| Get all the information totally free. | ||
| Check it out. Immerse yourself. | ||
| Russ Vogt. Mike Lee led an effort, an amazing, I think, letter. | ||
| Not perfect. Nothing's perfect. | ||
| The deal on the table's not perfect, but hey, directionally, we're trying to get there. | ||
| But the Senate sent a very loud signal, and Mitch McConnell let this be sent. | ||
| You're not going to get an out here with us. | ||
| You deal with McCarthy, and you deal with the ultra-maga extremists. | ||
|
unidentified
|
Russ, vote your thoughts. It was a really important letter, and what it said was that to the extent that Biden thought that this get-out-of-jail card would be played by Senate Republicans, they put that to rest, and they said, we're sticking with the House. | |
| And this negotiation is between Biden and the House, and tomorrow is probably not going to go well. | ||
| Tomorrow's going to have a little bit of circus feel to it, because they're going to try to see whether they can just provoke as much fear and confrontation a couple more times Before realization sets in that they actually have to come to the table and negotiate. | ||
| So that's my expectation for tomorrow. | ||
| You'll have a lot of flailing by Senator Schumer who wants to be relevant, wants to be part of this, doesn't really trust the White House that they're going to be able to hold strong. | ||
| That letter was really important to be able to articulate the reality that Senator Schumer has no role here. | ||
| Russ, let's give him some inside baseball. | ||
| Will Chuck Schumer allow Biden to be in a room with McCarthy one-on-one without supervision, sir? | ||
|
unidentified
|
He's going to do everything he can not to let that happen. | |
| But at a certain point, he's going to become the issue if he is being perceived as what is keeping the White House from provoking, in their words, a constitutional crisis. | ||
| And so I think you will see Beginning tomorrow, Chuck Schumer began to be the issue, and I think it's important at that point the White House needs to realize they have one person in negotiation who represents the American people on this, and that is Kevin McCarthy. | ||
| They have passed a bill. | ||
| That bill is what will be agreed to, and Biden needs to accept it, and it will pass the Senate. | ||
| If Biden agrees to it, it will pass the Senate, and Chuck Schumer knows that, and that's why he's flailing. | ||
| Russ, in June of 2017, we sat over the EOB and you had your whiteboards. | ||
| You walked through this concept of prioritization of payment. | ||
| Just give us a one-minute tutorial on this because this is critical. | ||
| And I think Tom Elliott and other people, Tom was tweeting it out over the weekend, many other people, that the American people have to understand something. | ||
| This is all a lie when they're telling you that we're going to put the full faith and credit of the United States in jeopardy. | ||
| There are plenty of cash. Just give us a minute tutorial on prioritization of payments as you see it, sir. | ||
|
unidentified
|
Sure. A debt limit scenario is not like a government shutdown where funding just stops. | |
| The money that's coming in from revenues, from people paying their taxes, is coming in. | ||
| It's just not coming in at a level to be able to pay all of the bills, and that's why you have monthly deficits. | ||
| But you have monthly revenue coming in, and that is more than enough to be able to pay treasury interest and principal on our debt. | ||
| Now, and that's what default is. | ||
| Default is not paying that That interest in principle on our treasuries. | ||
| Period. End of story. | ||
| The White House and the left has tried to over-define the word default to be timely payment of every obligation that has ever been made by the federal government. | ||
| We know that's just not the way the real world works. | ||
| Businesses are short on money, and as a result, they stagger their payments. | ||
| They triage. And so that is the situation that the Treasury finds themselves in, and they don't want to do that. | ||
| The gnomes over there don't want that scenario. | ||
| That's why they go to great lengths to over-define the word default, because they don't want that political heat on them as to what gets paid and what doesn't. | ||
| But it gives our guys negotiating the ability to have a very, very hard line Because the dates that they have put out there are not real dates. | ||
| They are not going to cause default. | ||
| Janet Yellen knows that, and Joe Biden knows that. | ||
| The ability to default or not hinges squarely on the President of the United States, and he will not allow it to default because he doesn't want that on his historical record. | ||
| That's why she's using the phrase, folks, we have to pay our bills. | ||
| No, you have to pay the interest in principle on securities issued by the United States government. | ||
| That's the full faith in credit. | ||
| The creditors committee knows that. | ||
| You know it. And we're not going to let you sit there and lie. | ||
| We got plenty of cash coming in to pay that. | ||
| You got plenty of cash to pay Medicare. | ||
| You got plenty of cash to pay Social Security. | ||
| You got plenty of cash to pay defense. | ||
| Then you get down, you got to stretch some payments. | ||
| And you're gonna have to have a discussion. | ||
| We're not backing off this. | ||
| If Biden tries to cut a...try to say, you gotta give me this, you gotta give me this, we're gonna get harder. | ||
| We want real cuts. | ||
| Real cuts. Not cuts in growth rates. | ||
| Russ, fantastic job. | ||
| Real quickly, Russ, when I give up this number of people to call, give me the 60-second pitch that you believe that MAGA should make to their elected representative, sir, when they talk to him today and tomorrow. | ||
|
unidentified
|
Hold strong. Don't be scared off. | |
| Force Biden to come to the table and agree to the House terms. | ||
| Very simple. This is not about negotiating away from that position. | ||
| This is about forcing him to accept reality, and the senators and the House members are going to see all the stuff that the fake news is going to put out there. | ||
| They've got to hold strong. That message is to them to stay strong to what they've already done and to be able to insist upon it. | ||
| Russ, how do people get to you over at the center and how do they get to your social media, particularly your getter and your Twitter feed, sir? | ||
|
unidentified
|
At RussVote on all the social channels and they can get our center at americarenewing.com. | |
| We appreciate it. Thank you, brother. | ||
| Great fight. The number is 202-224-3121 is the Senate. | ||
| 202-225-3121 is the house. | ||
| You heard what Russ said, but hey, you know what? | ||
| You're free men and women. | ||
| You call them up and you give them what for. | ||
| But here's the bottom line. | ||
| Hold the line here. Hold the line or we'll come back with some real cuts. | ||
| Let's go, John Fredericks. Tons of massive news, the precinct strategy, and we're going to try to get more people on here that are just winning all over the country, taking over GOPs. | ||
| Big news out of the Commonwealth of Virginia, big news out of Georgia. | ||
| John Fredericks, what do you got for us? | ||
| Well, I tell you what, Steve, it's happening. | ||
| It's real. | ||
| For three years, we've been imploring, inspiring, and asking those involved in MAGA, the potless movement, Trump supporters, To get involved. | ||
| To join their local Republican unit. | ||
| To be a precinct committee chair. | ||
| Precinct 2.0. | ||
| Three years later, we're now seeing, finally, Steve, the overwhelming results of our people who have gotten involved and were taking things over. | ||
| It's incredible. In Virginia, on Saturday, we had one firehouse Primary, the Trump candidate there getting 75 % of the vote. | ||
| That was Senator Bryce Reeves. | ||
| Then you go to a convention, which I did live. | ||
| John McGuire, Trump candidate, been there for us from the beginning. | ||
| Got outspent, got outmaneuvered. | ||
| All the rigors were from someone else. | ||
| All the DeSantis people for someone else in a four-person race. | ||
| John McGuire, Overwhelms the system and wins with 63 % on the first ballot, never been done. | ||
| 66 % of the delegates who were there were brand new. | ||
| Nobody ever saw them before. | ||
| These are our Trump supporters. | ||
| This is the MAGA movement. | ||
| We've got them involved. | ||
| Now what's happening is we're getting to understand the system, how important these conventions are, how important early voting is, how you get chairman elected, how you go to a nominating convention. | ||
| Now, let's go. | ||
| And June 20th, Georgia primaries. | ||
| There is going to be a slew of MAGA candidates defeating the establishment between now and then. | ||
| Then you go to Georgia. | ||
| This is the big enchilada, right? | ||
| In a two-year period, we've been doing this for three years. | ||
| In a two-year period, convention to convention, this convention to nominate the chairman and all the positions down, two years removed from what it was in 21, 70 % of the delegates are brand new. | ||
| Nobody saw them before. These are all our people. | ||
| June 10th in Columbus, we are on the verge of of electing an entire slate of pro-Trump, pro-MAGA candidates from chairman down the secretary. | ||
| When that happens, that convention in Columbus is going to be like a Trump rally because all the Trump people are there. | ||
| We're going to take the Georgia Republican Party over, lock, stock, and barrel, start the finish, the entire apparatus. | ||
| It's such an overwhelming rout. | ||
| That Brian Kemp, the governor, the attorney general, Chris Carr, Brad Raffensperger, they're not even attending, and now they're trying to attempt to create a shadow Republican Party in Georgia. | ||
| Here it is. In the past two weeks, our people have gotten involved. | ||
| They've... Understood the system. | ||
| They've gotten off the couch. | ||
| And now they're coming out, Steve. | ||
| Remember before, Trump voters would only come out for the big guy. | ||
| They'd only come out in 2016 when he was on the ballot. | ||
| They'd only come out in 2020 when he was on the ballot. | ||
| But then they came out in 21 for Glenn Youngkin in Virginia. | ||
| Now they're coming out everywhere. | ||
| We're overwhelming this system. | ||
| And we are on the verge of taking over the entire Republican Party in Georgia. | ||
| In three years. | ||
| And it's going to happen June 10th in Columbus, Steve. | ||
| Huge. And we're going to have other examples throughout the country where we're taking over. | ||
| John, how do people get to you, the show, Godzilla, and your social media? | ||
| We're live everywhere. | ||
| All you got to do is go to at JF Radio Show, at JF Radio Show. | ||
| I tell you what, we're on the cusp. | ||
| of taking the whole thing over. | ||
| We knocked on the door in Dana Point with Ronald Romney. | ||
| We knocked on the door. | ||
| The next time, we're going to kick it in. | ||
| We're taking the RNC over, too, because our people got involved, and now there's no turning them back, Steve. | ||
| Thank you, brother. Appreciate it. | ||
| John Fredericks from the John Fredericks Radio Show. | ||
| His vast empire expands. | ||
| Going to be in Pittsburgh here shortly. | ||
| Thank you very much, sir. I got Richard Barris. | ||
| Richard, a couple articles. | ||
| The Hill leads today with the GOP Senate just saying with Trump, no mas. | ||
| We got it. You're dominant. | ||
| We're just going to back off. | ||
| Also, Politico, lead story in Politico earlier this morning was about Wall Street. | ||
| They said Wall Street's the center of the Never Trump movement, but they understand DeSantis doesn't have it. | ||
| This directly ties what I told you about the London trip. | ||
| The guys on Wall Street heard from their compadres in the city of London. | ||
| It's not happening with DeSantis. | ||
| Barris, I've got a minute. | ||
| I'm going to go to break. Give me your first cut on the ABC-Washington Post poll, which has never been very favorable to President Trump. | ||
| What's your take? Yeah, I wanted to start off with that. | ||
| This is the Biden plus 17 poll in Wisconsin in 2020 for people who don't remember that. | ||
| But actually, it's a lot like what I would have expected, Steve. | ||
| This is live caller, phone only. | ||
| You're going to get your high participation, high interest voters. | ||
| It's just important when you're comparing this poll to other polls like mine and Emerson. | ||
| During midterm cycles, to do that is just fine. | ||
| But in a presidential election, this is where you're going to miss the working class that has always been a problem for pollsters in the modern era. | ||
| So, you know, when we start on the other side of the break, when we look at our polling, you'll see what that means and how that impacts the results. | ||
|
unidentified
|
But just remember, you know, apples here. | |
| Hold that thought. | ||
| We're going to give the punchline right after the break. | ||
| The People's Pundit is in the house. | ||
| Richard Barris. | ||
| We also got Jeff Clark on Bill Barr, on the cowardice of Bill Barr. | ||
| All next, only in the war room. | ||
|
unidentified
|
...arrived. The new social media taking on big tech, protecting free speech, And canceling cancel culture. | |
| Join the marketplace of ideas. | ||
| The platform for independent thought has arrived. | ||
| Superior technology. | ||
| No more selling your personal data. | ||
| No more censorship. | ||
| No more cancel culture. | ||
| Enough. Getter has arrived. | ||
| It's time to say what you want, the way you want. | ||
| Download now. | ||
| This new one looks pretty good. | ||
| Really? Did you know Ron DeSantis backed deep cuts to Social Security and Medicare? | ||
| Ron DeSantis? Yeah. | ||
| He voted to cut Social Security or Medicare not once, not twice, but three times. | ||
| DeSantis even tried to raise the retirement age to 70. | ||
| I thought DeSantis was one of the good ones, but he's just another career politician. | ||
| America needs Trump. | ||
| Make America Great Again, Inc. | ||
| is responsible for the content of this advertising. | ||
| Wall Street starts to bail on Ron DeSantis, as we told you they would after the disastrous trip that ended in London, because they talk a lot. | ||
| That's what capital market's about, the sharing of information. | ||
| Okay, Barris, your polling's always the best on this. | ||
| You've just come out of the field. | ||
| What do you got for us, sir? | ||
| Yeah, you know, just real quick to wrap up that ABC, Steve, if we can put the presidential nomination poll up there, that would be great. | ||
| Our phone component looked a lot like the ABCs, but the difference is we're mixed mode. | ||
| And especially during presidential cycle, this is how we've been able to find voters others have not been able to find. | ||
| Looking at this overall, what you're seeing here, and this is something we talked about over the weekend, once you hit almost 70%, you're at two-thirds or 70 % or higher of self-described conservatives in a Republican primary, you're basically unbeatable. | ||
| All right, so now we add Trump, you know, basically hovering in the mid to high 50s for a while, and he crossed that 60 % and started to hold it. | ||
| So DeSantis fell from a high of about 30 in our polling to about 17 right now. | ||
| And that really comes, Steve, from why, and this is again hearkening back to the ABC, DeSantis had some foothold with the older traditionalist voters. | ||
| That has changed over the weeks, and I really do think this comes down to policy. | ||
| A lot of people make a lot about the indictment. | ||
| I get that, but it really does come down to policy. | ||
| I think people started to vet him. | ||
| They started to look at him a little bit more, and they didn't like what they saw. | ||
| I hate to agree with Larry Sabato, but his CNN segment was perfect. | ||
| When a presidential candidate gets more scrutiny, then he's not just an idea anymore. | ||
| He or she is no longer an idea, and voters start to vet them. | ||
| And that's what happened to Ron DeSantis, and I think that's why people on Wall Street are bugging out the way they are. | ||
| Can we get the next one on the screen? | ||
| Because this is something I want to talk about. | ||
| How each of these candidates will perform in a general election. | ||
| The truth is, Steve, the other polls, and it's traditional to do this, so I'm not knocking them for it, but they're all gauging the same electorate, registered voter universe and adult universe. | ||
| The truth is that the Trump or boss vote now is swollen to almost 20 percent. | ||
| You were right. You said 20 percent. | ||
| We added around 12 to 13. | ||
| It swelled this week to 18. | ||
| It's just under 20. | ||
| So the electorates would not be the same if Trump was the nominee or if DeSantis was the nominee or if Haley was the nominee. | ||
| Some people will vote. | ||
| If Trump is the nominee, some people will vote if DeSantis is the nominee, but not if somebody else is the nominee. | ||
| And look at that first number right there. | ||
| That's white working class, Biden versus Trump. | ||
| Trump is above 60 with white working class. | ||
| Biden is at 24. | ||
| You cannot win if you're a Democrat in the Electoral College if you're getting trounced like this. | ||
| But against DeSantis, DeSantis is only in the 40s and Biden's share of the vote goes up among these voters. | ||
| And then look at the undecided in purple. | ||
| A lot of those people will not vote. | ||
| They'll vote for Trump, but they will not vote. | ||
| They're not undecided. | ||
| They don't like either one of them. | ||
| And DeSantis' image still has a lot—he's got a lot of work to do with name recognition, but not all of that is going to come down in name recognition. | ||
| This is about people who are in the heart of the country, who haven't voted in the past, like an educated voter will vote, and they will come out for somebody that they view to be different. | ||
| Or an outsider, but they will not vote for a traditional Republican candidate. | ||
| Against evangelicals, not to burst anybody's bubble, but you cannot win the state of Wisconsin if you're below 70 % with evangelicals. | ||
| And you better boost them to about a quarter of the electorate. | ||
| Trump is winning evangelicals 70 to 13.6. | ||
| Biden does a little bit worse. | ||
| Again, this is name recognition, 12 and a half against DeSantis, but DeSantis is at George W. Bush levels. | ||
| That's not good enough. | ||
| That means Iowa and Ohio are going to be closer. | ||
| That means Wisconsin is off the table. | ||
| You can't win with numbers like that. | ||
| So there are a few of them. | ||
| The under 30,000 we're going to go over on the show a little bit later today, but the under 30,000 group in the income bracket is the underclass. | ||
| Democrats need to win. | ||
| In order to hold some of these Rust Belt states, Biden is losing them to Trump. | ||
| This is now the second poll we've conducted where he's losing them to Trump. | ||
| That was not the case in 2016. | ||
| That was not the case in 2020. | ||
| This is a different political environment, Steve. | ||
| That's really what it comes down to. | ||
| Hold on, hold on. | ||
| Give me a minute on that because that's a shocking number. | ||
| When you say the underclass, which is totally dependent upon essentially the government because under $30,000 a year, right? | ||
| That means you're making – this is $15 an hour below employees. | ||
| That's always been the strength of the oligarchs who run the Democratic Party, but the underclass votes for them. | ||
| Where did you see that shift? | ||
| How did that happen? I think it's about – Inflation dragging on, but I think as we got closer to the season, there was going to be this comparison that voters were going to do. | ||
| A lot of these underclass voters, some of them are hardcore Democrats, but a lot of them are just working class Hispanics that You know, they're not really rigid with partisan identification. | ||
| And there was always going to be this, now that Biden has a record, who did better moment. | ||
| And all Trump really ever had to do was kind of like, I've used this analogy before, but it's true. | ||
| All he had to do was Grover Cleveland, this puppy, Steve. | ||
| You know, when I was there, things were working or running like a well-oiled machine. | ||
| Now that I'm gone, how are you doing? | ||
| Peace and prosperity. | ||
| This is what Cortez keeps talking about. | ||
| That Christmas of 19, the end of 19, we had the 10%, 11 % pay increases for non-college, for blue collar, no inflation, all of it. | ||
| Barris, how do people get to you? | ||
| How do they see the show later today to get the complete drill down, brother? | ||
| Right after War Room, we're going to be on YouTube Rumble. | ||
| If you're checking out the Locals feed, we'll be on there, peoplespundit.locals.com. | ||
| There it is up on the screen. | ||
| Noon, Eastern, Daylight Time. | ||
| Inside the numbers, we're going to go over this in a lot more detail. | ||
| And, of course, the best thing people can do, Steve, is share the public polling project far and wide. | ||
| That's how we do this. You can check it out at bigdatapoll.com. | ||
| Support it, share it, whatever you can do. | ||
| That's how we're making this happen, making the magic happen over here. | ||
| Baris, you're the best. Thank you very much. | ||
| Honored to have you on here. Okay. | ||
| In an unjust world, you need to sleep at the sleep of the just if you're going to man the ramparts in the war room. | ||
| MyPillow.com slash war room. | ||
| That's our code. Get there right now. | ||
| Check out the pillow 2.0. |
Export Selection