All Episodes
May 22, 2023 - Bannon's War Room
48:51
Episode 2749: The Launch Of The Pulse; The Failing Of Corporate America
Participants
Main voices
l
lou dobbs
07:50
r
raheem kassam
07:55
s
steve bannon
20:34
Appearances
c
chuck todd
01:13
Clips
j
jake tapper
00:10
j
janet yellen
00:52
j
jim acosta
00:34
j
joe biden
00:18
k
kevin mccarthy
00:05
s
steve stern
00:29
s
symone sanders-townsend
00:53
| 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.
jim acosta
Thanks for joining us.
But there is this Section 4 of the 14th Amendment that I guess is very important now.
It says the validity of the public debt authorized by law shall not be questioned.
Some legal scholars say that could apply to the debt limit.
What's your view on this?
Should the president go down this road sooner rather than later?
In part because, as he was saying a few moments ago, there would be a legal process that might play out.
unidentified
I'm sure there'd be a legal process that would play out, but I'd always go with Lawrence Tribe.
He's my expert.
I think he's considered one of the finest attorneys and legal minds in this country on constitutional issues and others, and he believes it's a valid clause that needs to be foremost in the president's mind, and that you don't have to make a deal, and the whole debt ceiling is irrelevant.
The Constitution says you have to honor the debt.
So I think it's an ace in the hole for the president.
I think he'd like to negotiate.
And he'd like to be able to show he can work together with the Republicans.
It's going to be difficult. McCarthy's got to work with George Santos, and who knows who he is or what he thinks.
Marjorie Taylor Greene and Lauren Boebert, they're about as closely tied to reality as Santos is.
So he's got a whole bunch of those people to deal with, and they could result in the end of his speakership.
So it's going to be difficult for President Biden to negotiate with somebody who has those type of legislative terrorists on their team, and the 14th Amendment is an ace in the hole.
joe biden
I think there are some MAGA Republicans in the House who know the damage that it would do to the economy.
And because I am president, and the president's responsible for everything, Biden would take the blame, and that's the one way to make sure Biden's not reelected.
chuck todd
How hard is this June 1st deadline?
janet yellen
Well, I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June and possibly as soon as June 1st.
And I will continue to update Congress, but I certainly haven't changed my assessment.
So I think that that's a hard deadline.
unidentified
Speaker, I want to get one more comment from you on the call that you had.
You had a call with FBI Director Christopher Wray on Friday.
You know that James Comer has a subpoena out for the document that he wants to see.
Are you going to be able to get that document?
What went on with your call with the director of the FBI? Well, I want to be very clear with the FBI director that Congress has a right and we have the jurisdiction to oversee the FBI. This is one piece of paper that a chairman of a committee has requested to see.
kevin mccarthy
He hasn't even acknowledged whether he has this document, but he hasn't even provided it.
unidentified
I explained to the director that we will do everything in our power and we have the jurisdiction over the FBI that we have the right to see this document.
I believe after this call we will get this document.
chuck todd
This is not an FBI that should feel good about what Durham discovered, because at a minimum, this issue of confirmation bias goes to the heart of how James Comey seemed to worry so much about what the perception of the FBI was, whether it was overdid or underdid Hillary stuff, and then overdid or underdid Trump stuff.
unidentified
Well, since Comey, the FBI has been under attack.
And the Durham report in many ways confirms what the DOJ IG reported.
It's almost identical. It's almost identical.
And in some ways backed off some of the rhetoric that they had going into it.
But the FBI's been in a compromised position.
And part of that has to do with the nature of our politics today.
The FBI has become a politicized institution and a political target.
And this is going to make it much more difficult for Merrick Garland as he goes forward with these investigations.
And I don't see any way out of that anywhere in the near future.
chuck todd
No, and let me throw in this headline from your newspaper, Dan.
FBI misused surveillance tool on January 6th suspects, BLM, Black Lives Matter arrestees, and other, Simone.
Look, trust in the FBI is eroding left and right.
It feels like we're in the moment that we need a real church committee, that this is a moment like when the J. Edgar Hoover FBI clearly was no longer helping the American people.
There was a moment. It feels like we might be in one of those moments.
symone sanders-townsend
I would say yes and no.
Okay, yes, because obviously, I mean, as Dan was talking, I thought about the activists, civil rights activists, Black Lives Matter activists, Black Panthers, who have been targets of the FBI for eons and years, okay, going back to well before this current political climate that we sit in.
FBI agents, law enforcement across the country, people who work for the government, they are in a precarious position because of this belief in the quote-unquote deep state that does not, I would argue it doesn't exist.
But if you read, depending on what you read about this report- You could be persuaded to believe that it does.
FBI agents' offices have been targeted, right?
Their lives have been put in danger.
And so would a church committee do anything but play right into the hands of those in the far-winged spaces and places of America?
chuck todd
I hear you, but it seems like we have to do something to restore trust.
And it has to be moderate trust.
unidentified
And the reason, Chuck, is that the FBI, the opponents of the FBI, the conspiracy theorists, the people who want to diminish our institutions, they just need 10 percent of the truth, 15 percent of the truth to make a living and to bring down the institution.
So the FBI has to raise its standards because they can't even give these people an inch.
With an inch, they can bring down these institutions.
chuck todd
And I'll be honest, Christopher Wray hides.
He hides. He only goes before Congress, and he doesn't defend the institution.
steve bannon
Cutting my mic on? Okay, thanks.
Thank you. Thank you, Denver.
Monday, 22 May, Year of the Lord, 2023.
It's game day on Dead Ceiling, and we've got to hold the line.
You guys are doing it.
They're absolutely apoplectic.
They're back to the gimmicks.
We are back to the gimmicks.
That shows you you're winning.
Remember, they're dug in.
They're not going to cut one penny.
And the watchword here, I want to make sure everybody understands, I put up on Getter a tremendous Russ vote tweet over the weekend.
It's pre-COVID numbers.
That's what we reset to.
Not, oh, we just hold spending until last year.
No. Because we're carving back a lot of the unspent COVID money.
It's preset. It's pre-pandemic.
Pre-pandemic spending.
And if Denver would get a chance, put the Russ vote tweet up sometime this morning as I go through this.
So remember, can I play that?
Can I play the Janet Yellen?
I want to make sure. Nomenclature is very important here in negotiation.
They are... Completely apoplectic, and they've changed the nomenclature from the full faith and credit of the United States to pay your bills.
Well, when you have a $6 trillion budget, there's a lot of bills.
You know this. You have to pay your mortgage.
You have to pay any second mortgages you've taken out.
That's what we tell you on Home Title Lock.
Make sure you go there that some guy on a cyber thing can't come and take a second out because you owe that hard money.
They're going to come for you.
If you signed a note to buy your house or if you have senior notes, payables are payables, right?
You can stretch those. Right now, Janet Yellen, remember, she's changed the number again.
She says now the 15th of June.
Well, how do we know that?
They haven't given anybody any numbers.
In these negotiations going back and forth, they refuse to give any financial model.
It's just Janet Yellen wandering in like your crazy Aunt Betty to Thanksgiving dinner, just spouting off every day it's a different number.
They haven't given a model yet.
We have no earthly idea what the details are here.
That's one of the things we're forcing them every day.
And remember, there's a big gap between the bid and the ask.
They refuse To acknowledge any need to cut anything whatsoever.
So this is not even the hard part.
Hard part is going to come much, much later.
But it's hold the line right now.
There is a meeting in the crack war room production staff is all over this.
There's a meeting this afternoon, another face to face meeting.
Biden's back from the fiasco.
And thank God it's been best for us.
If we hadn't let him go at all because he completely humiliated the United States by having Zelensky bench pressing on the weekend.
And look, we don't know if Bakhmut has totally fallen or not.
The Russians are putting out, they're fighting an information war just like the Ukrainians are.
But I can tell you, it ain't going the way Zelensky wanted to.
He made a huge bet on this symbolically for the Ukrainian people.
And, you know, he's hanging by a thread of the situation of Bakhmud.
But at the same time, we find an accounting area that gets some $3 billion.
Even Jake Tapper lit up Sullivan here.
So he said, that's kind of odd that you find this at the last second.
Plus, we committed hundreds of millions of dollars more.
On the same weekend, they refused to have any cuts whatsoever.
Refuse. Upping your grill.
Refused to have any cuts whatsoever.
But they can still shovel hundreds of billions of dollars over to the churnal house of Ukraine.
And Zero Hedge has a story up, and that's linked to a couple of sources.
Remember, Zero Hedge, you've got to watch Zero Hedge because every now and again they will link to strategic culture, one of these sites that maybe takes a little money from the KGB, so you've got to have a lot of discernment when you're on Zero Hedge, but I think it's a fantastic site.
They've got a great piece up there talking about how it was Boris Johnson that flew over there in the first days of this war when Zelensky was trying to work something out with Putin and convince him the West would have his back because this was a proxy war against Russia and that the Americans and the British, the Anglo-American alliance, would have his back a thousand percent.
So we're in it now. And that's why you're the head of the creditors committee.
You can be called every name of the book all weekend.
It's MAGA extremists.
It's MAGA Republicans.
You're backing the legislative terrorists that are Bobert, MTG, Matt Gaetz, anybody in the 20.
You're terrorists. You're terrorists.
This is what the president of the United States called his – even Lincoln.
Even President Lincoln never trash-talked people.
You know, they were the wayward brothers in the South.
He never trash-talked.
He never trash-talked at least the beginning.
He never trash-talked people in the people in the South in the or as he was saying the territories in rebellion, right?
Because he would never admit he would never admit that they're a that they're a separate entity.
So anyway today 202-225-3121.
That's the house. That's where your calls should go primarily to give the people a piece of your mind about hold the line, what we have to do today.
We're here because of you.
We're here because of all the doors you knocked, of getting us the majority that we've got.
And this is called leverage.
And they hate it. What they hate most is that you actually have something to say about this.
Are we ready? Are we successful?
We successfully did it. Okay.
I now, I turn to, we have Rahim Kassam and we have huge news.
about the National Pulse.
And Rahim, I think we just had a major event in the life of the National Pulse, a reimagining and a reboot, sir?
raheem kassam
We had a successful birth, and so now I am a birthing person.
This morning we have launched a very exciting new phase in the life of, I think, not just the National Pulse website, Which I think has become quite popular, especially on the Margo right, is increasingly taken seriously across the political spectrum.
We have changed the way we're going to do news, and I think we have changed the way that a lot of people are going to start looking at how news is produced in the coming months.
And really, over this election cycle, I think this is going to make the biggest change, too.
I got bored. I don't know about you, and I know you're a voracious reader, but I want to read as much as possible, not as much as possible.
I want to take in as much hard data and information and hone in on things for myself rather than reading 800, 900 words of New York Times copy where they tell you what the color of the sky was on any given day before the story actually takes place.
So what we've done is we've presented a new reading experience.
Very tight copy.
You know, my staff really understand, and we've hired some great staff to help out on this project.
We'll get into that later. They understand that if they file any bit of copy that is really more than 300 words long, it's going back to them.
steve bannon
So this is more of the Mike Allen, Jim, Vande Hei, theory of the case that It's about time management, and even the New York Times has below every article, two minutes to read, three minutes to read, four minutes to read. Let's take a break.
Is it up? It's up, thenationalpulse.com.
If you're watching on television or streaming right now, National Pulse is up, this reboot, this relaunch.
It is a different site because it's all concise.
It's concise and tight, and you're going to curate.
Raheem's been actually back to work all weekend.
It's amazing. Raheem's the best when he's working.
He hasn't slept in 48 hours.
They just launched here a minute ago live on The War Room.
Short commercial break.
Back in a moment.
unidentified
We rejoice when there's no more.
Let's take down the CCD!
chuck todd
Stephen K. Bamm How hard is this June 1st deadline?
I'm sorry.
janet yellen
Well, I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June and possibly as soon as June 1st.
And I will continue to update Congress, but I certainly haven't changed my assessment.
So I think that that's a hard deadline.
steve bannon
Okay, welcome back right there.
I think that's a hard deadline to pay all our bills.
Remember, this is something you've also made a thing, the prioritization of payments.
It's impossible for us to default on the national debt.
Impossible. Only Janet Yellen and Joe Biden can make that decision.
There's plenty of cash.
There's plenty of cash. Cash comes in, you pay the interest payments, you pay Medicare, Social Security, you pay any face amount that's got to roll.
Or they can't roll, you pay it off.
And then you pay defense.
Then you got it, you know, on this discretionary spending, you maybe have to have a conversation of stretching something.
Hey, maybe it all gets paid, maybe it doesn't.
That ain't the end of the world.
Paying your bills is not the full faith and credit of the United States.
You entered into these government contracts, you got these purchase orders.
Hey, maybe it comes a week late, maybe it comes two weeks late.
Maybe it comes three weeks later.
I don't know. Treasury figured out.
We need numbers from Treasury.
Not your crazy Aunt Betty wandering in on Thanksgiving and blurting out something or sending you a letter.
Some crazy letter every couple of weeks.
I'm sending a letter. Now it's the 15th.
Well, how do we know that? You haven't shown us anything.
You haven't come forward and shown us cash in, payments out.
Let's have a conversation. 202-225-3121.
It's Workday here.
We're leading up to Memorial Day weekend.
We're going to have tons of specials.
As you know, the traditional specials that we have, Patrick K. O'Donnell and others, for the entire Memorial Day weekend.
You're going to love it. Guaranteed.
But there's a lot of work to do between now and then.
And the work revolves around getting to the heart of the matter.
And that's choking these guys down from cash.
We're going to have live reports.
We've got Michelle Bachman in Geneva.
At the UN. How about that?
World Health Organization. We have Noura Bin Laden in Geneva.
We have Cary Lake in Arizona.
I think we got Gunny, Sonny Borelli.
We have Lou Dobbs. We're packed.
But also Rahim is here.
Rahim is now back off the beach, tan, rested, and ready.
The website just exploded with traffic, right?
We want everybody to go check this out right now.
National Pulse. It's a reimagination, a reboot, and a relaunch of National Pulse Rahim Kassam.
raheem kassam
So, you know, I said in the first segment, you know, these long, you know, wending articles taking you on this great journey that, you know, the reporter out in wherever has gone through are becoming less and less relevant, I think, to the news cycle.
When you have a magazine, you sit down, you do some reading, a book, whatever.
But people, there is so much going on in the news cycle now and people really feel the sense of urgency around it that they want as much as quickly as possible.
And so this is what we've built, right?
It's not an aggregation site.
It's like a curation site where we go through all of the news everywhere all day long globally and start pulling out the bits that we think are the signal and not the noise.
And then we summarize that in short form.
Like I always like to say, we have respect for our audience and our audience's time.
We do that in short form.
It's 200 words.
We get you there. We have links in the story if you want to read more, if you want to go further, if you want to go deeper.
And then we actually have, if people go to thenationalpulse.com now, you can see it for yourselves.
We have underneath that an editor's notes section where I will add for our subscribers a little bit more context to some of the stories, a little bit more of what we hear on Capitol Hill, a little bit more of what we hear from our friends in London.
So talk about that. And a little bit more of what we hear on the Morton's Terrace.
steve bannon
Our theory of the case is still a little differently.
I like the longer form.
I just do. I go to a ton of the sites.
I love Axios because I can see how the enemy is thinking.
I love what I've seen on what you guys are doing because I think you're doing what Axios is doing without the corporate media slant on it for the right.
And we're not principally a site-driven thing, but we got the investigative analysis and the articles up there, so we get both.
But I'm a big believer, you and I have had this discussion a lot about how do you pay for this.
We believe in ubiquity.
And we have sponsors that come, you know, and they're on the podcast, they come on the show, they do advertising.
The other is to do some sort of either total paywall, as some people do, which I'm not a believer in, or some kind of mini paywall.
You've got a kind of a mini paywall.
Most of your stuff's going to be free.
Just go to the site. I want everybody to go to it right now.
raheem kassam
Believe me, no shortage of people on the site right now.
steve bannon
It's massive. I want everybody in War Room to go check it out.
Check out Rahim and the team over there.
And this goes back to Andrew Breitbart.
Andrew Breitbart, coming out of Drudge and coming out of Huffington Post, and you got the BuzzFeed guy, Ben Smith's book.
Ben Smith's book, not as great as I thought it was going to be.
It's too chatty about BuzzFeed.
raheem kassam
It's too gossipy. You expected more from this guy.
steve bannon
100%. No. You didn't.
No. 100%.
raheem kassam
You're talking about somebody, you're talking about the frat bro editor, right?
steve bannon
Hold it, not just that, the left pimped it out on my part in the book.
I mean, they ban it and he met Bannon and he was, when Bannon said, no, these are propaganda sites.
raheem kassam
Yeah, but you must be used to that by now.
steve bannon
No, no, but Ben says, oh, well, I'm really a journalist.
I come from a different tradition.
raheem kassam
What? Listen, I introduced myself to a girl.
I'm like, hi, I know Steve Bannon.
steve bannon
But this is a different theory of the case of what you did for the site.
Andrew's theory of the case, now this was 10, 12 years ago, he wanted to have a homepage that you'd come to, and that's what we were, and Andrew died four days before the launch, but he had done, this is what I told you the other day, I said, hey dude, the worst four days of your life Is about to happen on the launch, because this is what happened with Andrew in that week leading up to.
It's 24-7. Right.
His thing is, I want to have a homepage.
unidentified
Yep. I want to have a homepage. So it looks like the front page of the newspaper.
steve bannon
And Breitbart has differentiated himself doing it.
You took a different theory of the case here.
Yes. And saying, you actually went back to the old Breitbart model of, I just want to have them coming up in one after the other.
raheem kassam
Why is that? So, to your earlier point, yes.
We want to keep what we call the pulse, the actual stream of news there, free for everybody.
Oh, you call it the pulse. I like that.
unidentified
Have you trademarked that? We'll do it right now.
Hey, team. Hey, my team, who are faster.
steve bannon
You know, in the negotiation of the weekend, we'll license it back to you.
unidentified
We'll license it back to you.
raheem kassam
But then we have longer form analysis behind the paywall, the mini paywall, the ridiculously cheap, by the way, $9 a month and the first month free.
Ridiculously cheap for everything you get because you get the analysis, you get the editor's notes, you get bonus content on podcasts, and we'll talk a little bit about our podcast partners in a second.
You get discounts on merchandise in the store you get.
If you join for a year, a quarterly print magazine that comes to your house.
See, we're not abandoning the idea of beautiful writing and reporting and journalism and analysis.
steve bannon
I'm going to be waiting for my first quarterly magazine.
raheem kassam
You've got to be on the front page.
steve bannon
You've got the cover. Remember, you forget.
I tried to do this at Breitbart because I wanted to have something with Andrew's name on the thing.
And logistically, even then, it was too hard for us to actually put out.
That was one of my big...
raheem kassam
I think that even then is the problem.
I think now that industry is firstly so wanting for new customers.
Big time. Everything's very cheap.
You can get it anywhere you want nowadays.
Back then, I mean, printing was a massive, massive expense.
Nowadays, not so much.
And so we want to give something to people that doesn't obviously take away from what we're trying to build because, hey, listen, I'll be honest with you, we're trying to make money here so that we can grow this operation, so that we can have reporters all over the world, right?
So that we can actually challenge the corporate media.
Hey, for the last three years now, we've run the National Post on a shoestring budget, and it's been pretty impactful.
Now what we're going to do is ramp this stuff up, and we want people to come in in the back of us as people rolling the dice on this.
We've put our own money, our own time, our own investment into this, and it's time, I think, now to show the corporate media that people-powered news is the way this has to go.
steve bannon
Is this going to have a...
A populist nationalist slant to it, a MAGA. This is going to be MAGA's Axios.
Is that a way, if the headline today that they're going to pick up at the Huffington Post dumping all over you, this is the ultra MAGA, what they call domestic terrorists, legislative terrorists.
This is the terrorist, this is domestic terrorists, the New York Times, the paper record for the terrorists.
raheem kassam
But you see, they say that about anybody that isn't in line with the regime in totality.
That's why our strapline is radically independent, right?
Because we're not afraid to call balls and strikes.
We're not afraid to say, hey, you know, we have a messaging problem on certain issues.
We need to talk about these things.
We can have a partner's conversation about certain things, and it's not offensive and insulting and demeaning to the America First audience.
But at the same time, most of what you see in the news is so wildly misrepresented.
Like, for instance, one of the stories we've got up on the site right now, the Guardian newspaper in England is calling for more net migration in the United Kingdom And they're saying that the public wants it.
Well, it's a nonsense. It's a total lie.
So we've gone through it and we've gone here.
Here's what they're basing off. Here's what the polling data actually shows.
And here are the last 10 years of what migration looks like in the United Kingdom.
You leave that article knowing everything you need to know about that topic and sounding like the smartest person at your Memorial Day events, at your 4th of July parties, at your dinner parties, whatever you're at.
And you can get as much of that as you want.
steve bannon
Do you agree that The Guardian is the best edited paper in the world?
raheem kassam
The best edited paper?
I think it had that. You could make that case once upon a time.
steve bannon
You don't think so?
raheem kassam
I'm picking up more and more typos on there.
steve bannon
I'm just saying the content.
raheem kassam
You mean the curation of the actual news?
steve bannon
The curation from the left's perspective and how tightly it's edited from the traditional...
Trying to get led over target.
raheem kassam
I mean, they're very focused. By the way, it's such a good lead in here because I agree with you.
For me, the Guardian app is way better to get through the news of the day than like the Financial Times and New York Times or whatever.
You've led me into something here.
Okay, go ahead. We have an app.
We have an app, Google, and App Store apps coming in the next 30 days.
They're going to be huge. You're going to want them.
This is a full move into taking on the corporate media from, you know, the Margot Wright editorial position.
steve bannon
The site's blown up. Where are people blowing up?
raheem kassam
No, it's seriously blowing up.
I've never seen numbers like this.
steve bannon
Because people are glad that you're back off of, what's it, quasi-retirement?
raheem kassam
For now. If you join, as long as you join, thenationalpulse.com.
steve bannon
Fantastic. Short break.
Lou Dobbs. This is a magathon today, right?
Magathon. This is a magathon.
raheem kassam
It's a magathon, not a sprint. We've got Lou Dobbs.
steve bannon
We've got Michelle Bachman from Geneva.
Noor Bin Laden from Geneva at the World Health Organization.
We've got Carrie Lake in Arizona.
Gunny Borelli. Wow.
All of it next in the Word.
The traffic, War Room Posse, go piling, the traffic's amazing.
raheem kassam
You're punishing the server right now, believe me.
I have live our server side of people saying, what the heck is going on?
How are so many people coming to the site?
steve bannon
And break down number of desktops.
Devices and tablets.
raheem kassam
I can do that, yeah. So we have the new Google Analytics system.
Shows you not just that, but the heat mapping all over the world, where people are coming from.
It's pretty amazing, actually, as much as I dislike Google.
49.7 % on desktop computers right now, 43 % on mobile, and 4 % coming in on the tablets at the moment to the site.
steve bannon
I'm shocked about the mobile. That's high.
I thought the desktops would be higher.
raheem kassam
Well, see, that's the thing.
You get a lot of older audience members still going to the desktop computers, and then when they're watching something on the desktop computer, like this show right now, they'll whip the cell phone out or the tablet out, and that's what you're seeing in real time.
It's pretty amazing to watch, and I think people are going to...
I think from all around the world really can come and look at this experience that we're going to be giving to people.
An ad-free experience for the members, exclusive live streams, meet-and-greets all around the country, an exclusive members-only forum.
steve bannon
Not meet-and-greets, we're sending you back on the road.
raheem kassam
No, we're sending you on the road, okay?
steve bannon
I don't want to send Harlan on the road.
Harlan, note to self.
raheem kassam
We got you and producer Cameron and we got Winnebago and we're going to send you out there.
By the way, we could make a great documentary with that as well.
steve bannon
It's Steinbeck's Travels with Charlie.
Of course, he made all that up. Anyway, we got Lou Dobbs here.
It's a mag-a-thon all day today.
So we got the great Lou Dobbs.
Lou, I can announce right now, 4.30 this afternoon, there is going to be a meeting at the White House with the Speaker and Joe Biden.
Can you give me your assessment of Biden's performance?
In Japan at the G7, Zelensky bench-pressing him, picking his pockets.
The entire thing just, I think, a huge humiliation, but I'd love to have Lou Dobbs take on this, sir.
lou dobbs
I thought Mr.
Biden was his usual effervescent, high-energy self.
I thought he handled everything with aplomb.
It was an extraordinary demonstration of geopolitical leadership, and I'm just proud to have that man representing the world's only superpower.
steve bannon
It's very succinctly.
I can see the Huffington Post headline right now.
Where do you think we are, Lou, this negotiation?
And I realize you and I have differed on this as two comrades in arms about negotiating strategy.
What's your assessment now of how you think this is playing out?
They're threatening. It's 4.30 meeting a day.
Yellen saying, well, we can't pay all our bills.
She's not talking about paying off the debt.
It's now all our bills on the 15th, although we still haven't seen any numbers.
And Joe Biden says, I've got an ace in the hole.
I can just invoke the 14th Amendment and do whatever I want or print a $1 trillion platinum coin.
Your thoughts, Mr. Dobbs?
lou dobbs
I'd like to know who is advising the President of the United States on all of this.
Legal scholars, economists, it's extraordinary because none of that would be constitutional.
None of those proposals or propositions that he's fainting with The reality is there's nothing in the Constitution about paying your bills.
The Constitution says you will not default on your debt.
It's pretty straightforward. And the 14th Amendment gives no mitigation, no available mitigation to that whatsoever.
It's a very emphatic directive from our founders.
And by the way, it would be well followed.
You talked about our difference of opinion on this fight.
Our difference of opinion is simply Truly strategy and tactics.
This 4.30 meeting today, think who we're talking about meeting, who will be in that room.
This president has not, and by the way, I will exceed to your point of view if you can tell me about one single fiscal policy initiative or any other initiative in any realm of governance.
by this president that is a net positive for the economy, our society or the nation.
unidentified
Just one. I think you got me on that one, Lou.
steve bannon
I think you got me.
Hey, remember, leading our negotiation is Kevin McCarthy.
lou dobbs
Are you comfortable with that? I'm very comfortable with that because I don't think his chances are any more de minimis than they would be with any other personage in leadership.
The truth of the matter is that this president, the Republicans have built their entire strategy around the idea that somehow the Marxist Dems have suddenly come to glory and will do anything to forestall damage, devastation, or destruction of the Republic.
I think they're making a gross miscalculation.
steve bannon
Honestly, Steve. You have been doing this, I don't know, since the 80s, four or five decades, a long time, giving commentary and analysis on the economy.
Give me your assessment right now in May of 2023.
Leave the politics out of it for a second.
Give us Lou Dobbs' assessment of the political economy and the underlying economy of the United States, sir.
lou dobbs
Well, right now, I don't think we could be much more challenged unless that we had made a decision to transition to a A Marxist, Communist form of government.
We are now confronted with so much mandatory spending.
There's very little volition left for fiscal management in this government, irrespective of the politics and the ideology and the direction.
There just simply is not enough of a...
I find no real levers available to the Congress of the United States.
We're looking at budgets that are 10-year budgets that are meaningless.
It'd be thrilling if they were 10-year plans.
They are 10 years of obfuscation, about one year of fiscal policy presented as a budget by the president of the United States.
This is continuing.
Look at what we're doing in our private economy.
I love G7. They decided, as you know, that they were not going to decouple from China.
They had decided to de-risk.
Fatuous politicians and heads of state assemble on grave matters of concern to the world.
They come up with things like semantic nonsense, like de-risk.
It just makes no sense.
There is no leadership available in any quarter of the world.
Arguably, President Xi can still claim that, because he has a number of Headwinds to overcome himself, but he's done pretty well to this point.
There just is not a remarkable global leader in any country in the world.
steve bannon
In our country, Lou, having done this for, what, four or five decades, on the economic side of the government, which is a five or six trillion dollar, that's the minimum.
That's just what they spend. You got Biden, Pallet Fed, and Yellen at Treasury.
lou dobbs
Your assessment? Where do you get these people?
Yellen was a horrible chairman of the Federal Reserve.
She's never had an executive job in her life.
Secondly, she is so...
I don't know.
To me, she turns out to be this terrible facilitator of corruption.
She's the one who blocked the suspicious activity reports by commercial banks that would not permit the House investigating committees to see them, particularly oversight.
It's awful to see the level of politicization in this government and the leaders of this government, Antony Blinken, Jake Sullivan.
I mean, we go down the list.
I mean, you can't even get economic policy right, which should be sort of obligatory and casually easy to perform.
They can't even get it right.
They put lawyers in.
to make economic decisions.
I prefer lawyers not be involved in any decision, but that's just me.
steve bannon
The Durham report and this whole thing about the administrative state, we've had McCarthy over the weekend saying that he actually had to have a discussion with Chris Wright.
In going forward, because I know you focus on this a lot, do you believe we need not just the weaponization subcommittee, but a true church-like committee To get to the bottom of the CIA's involvement and the FBI's involvement and DOJ's involvement in much whether it's the Russian collusion of all this, the laptop from hell, all of it.
Do you think we need to go next level on this and not just depend upon Jim Jordan and his subcommittee?
lou dobbs
Well, I think, first of all, Jim Jordan is doing a magnificent job.
I do think that right now we need to have a curator of what has been eight years of political persecution.
Let's bring together in a comprehensive and comprehensible form all of the perfidy, the ignorance, the corruption, the vile acts by the FBI and the Department of Justice and the entire intelligence community.
There is enough there.
In the Durham report alone, acknowledging, if not proving, but acknowledging the The venal corrupt acts of those departments and agencies over the course of not only the term of President Trump, but to this very day and beyond.
And there is no response in the national media.
We have to have a way in which to chronicle this age of darkness that has descended upon the country.
There is corruption in every level.
Anyone watching and listening to us must understand this government hates your guts.
This government is run by Marxist Dems who are in control of not only the Democratic Party, but they're in control of this impaired puppet president, Joe Biden.
And everyone is acting as if.
As if this is the new normal.
And hell, it may well be.
But it's not one that I'm going to accept, and I definitely will resist it.
And I think most Americans, a majority of Americans, will as well.
But to this point, the American people have accepted greater insult and injury to this republic than I could have ever imagined possible.
We have to make a stand, and we have to do it now.
And we've got to stand up for this country, our principles, our Constitution.
And we have got to make certain that our corporations...
I'm a free market guy.
I'm a free enterprise guy.
But when I see what corporate America has become, they're nothing more than U.S. multinationals with visiting rights in this country.
They have forgotten the home economy.
They have forgotten from whence they came.
And they sure as hell have got it wrong about where they're headed.
This is a dark and difficult moment in American history.
We are at the penumbra, and darkness awaits.
steve bannon
By the way, I don't think there's been a better five-minute summary of where we are.
Now you understand why President Trump for 40 or 50 years and Steve Bannon and others have always looked at Lou Dobbs first.
Lou, how did they get to The Great America Show?
How did they get to all your content?
Because now more than ever, we need the hammer that is Lou Dobbs, sir.
lou dobbs
The Great America Show is on every major platform, well, nearly every podcast platform.
We hope you'll go, Great America Show.
Follow me on Twitter and Truth Social at BlueDombs.
We appreciate it.
Steve, I appreciate spending some time with you.
steve bannon
Thank you so much. Lou, a fantastic summary.
We're going to pull that and get it up right now.
I'm sure that will go viral, sir.
Lou, thank you very much. The Great America Show.
Let's make sure we link to the podcast as we always do.
I consume it every day.
It's amazing. Only Lou Dobbs can give you that succinct analysis.
How are we doing on traffic?
raheem kassam
Well, you crashed the site, but we're back up and we're stable.
steve bannon
That's good. Get everybody.
Come on. Let's put Rahim to...
raheem kassam
No, no. So now what I want people to do is really stress test it.
Yeah, fine. Let's go. Go hit it now.
So everybody go to thenationalpulse.com right now.
Don't care if you've been there already today.
Go there again. Stress test the heck out of the site because my business partner on this, Harlan Hill, he assures me we're stable right now.
So this is a public challenge.
Let's see if we can give him another heart attack.
steve bannon
Let's get everybody to load into that right now.
NationalPulse.com? TheNationalPulse.com.
I made that mistake the other day.
TheNationalPulse.com. Go check it out right now.
Short break. Raheem will be back with us.
We've got a lot going on.
We're going to Geneva. Bachman, Michelle Bachman live at the UN. We've got Noor Bin Laden live in Geneva outside the UN. Kerry Lake in Arizona.
All next in the War Room.
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Trump versus DeSantis on taxes.
In Congress, Ron DeSantis pushed a 23 % national sales tax, where the middle class pays more.
90 % of families would get a tax hike if DeSantis replaced the current system.
President Trump cut taxes a lot, lowering tax rates for everyone.
Trump cut taxes.
DeSantis tried to raise them.
Ron DeSantis, wrong on tax hikes, just not ready.
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steve bannon
Okay, go to FlagShirt.com and check out Flag Day, the 14th of June.
I'm going to speak. I think there's 50 other speakers throughout the day.
You'll be able to go online and watch this.
This is Steve Stearns in back of this.
Of course, Steve's one of the biggest guys in the precinct strategy.
But make sure you go check that out today.
We're also still waiting for Governor DeSantis.
In fact, we're going to have Caroline on, I think, later in the week.
Governor DeSantis, come back and walk us through His theory on taxes, you know, this entire thing on taxes, Social Security, because now in the death scene, this is the big fight here.
They're trying to accuse us of cutting Social Security and Medicare.
That's not going to happen. They're accusing us of not funding Social Security and Medicare.
That's just a lie. So this is all going to get quite intense this week.
Remember, 202-225-3121.
Call. Give them the what for, the old what for.
Also, we've got up on the site, you can get to Marjorie Taylor Greene's Impeachment Week.
Join her. Be a co-signer on the impeachment effort, all of it.
So a lot of work to do today before you enjoy the Memorial Day.
Holiday, we're going to have a lot of, as you know, we take Memorial Day weekend very, very seriously, both Saturday and Monday.
Very special programming.
You are not going to want to miss it, plus all the updates and news and all that.
Okay, I've asked Jason Brown.
Jason, thank you for joining us over at covidtaxrelief.com.
How many war room entities, people associated with the war room that use the code, have come to your site, and what's the gross dollar amount of the refunds they've gotten to date?
unidentified
Hey, Steve. Thanks for having us again.
It's good to see you. So, yeah, I get to be the bearer of good news, right, with everything going on.
And just War Room listeners, just over a thousand businesses, and I just got the number as of this morning, $158 million in checks cut to those businesses that stayed open during COVID and retained their W-2 employees.
So, man, and you're the top dog, so that's exciting.
steve bannon
But tell us why, this is why I want everybody, you know, because we're telling people, hey, it's about self-reliance, it's all this, and you've got to focus, you know, whether it's your title, whether it's looking at gold, all of it, to get focus.
Here, where do people go?
Who would even be eligible?
Or should they just contact you anyway?
Walk me through what the eligibility requirements are and then how you take people and kind of advise them of how to do this.
unidentified
Yeah, so look, they can go to covidtaxrelief.org.
There's an 800 number there.
They can call in, speak with one of our representatives.
They'll take about 10 minutes, Steve, and walk them through a questionnaire that directly parallels the qualification guidelines that the IRS has laid out for this program.
And Steve, remember, this is legislation that President Trump put into office or put into effect before he left office.
He wanted that money.
To go into the hands of small business owners that were going to be affected by the pandemic, which they certainly were.
And this is the last COVID stimulus money available to those business owners.
It's up to $26,000 per employee.
So you've got these small businesses with two, three, four, five employees getting, you know, $100,000 plus.
And of course it goes up from there.
steve bannon
Now, you did not have to, correct me if I'm wrong, these have to be W-2 employees, but you didn't actually have to take money during COVID to qualify for this, and you can qualify if you're a church or a not-for-profit?
unidentified
Yeah, yeah, you've got it right.
So churches, non-profits, private schools.
And of course, you know, regular companies, even if you took PPP loan, you can still qualify for ERC, the Employee Retention Credit.
We'll crunch all the numbers for you.
It's a pretty seamless process.
If you go to that website, we'll walk you through the questionnaire and essentially just hold you by the hand and take you all the way to cradle the grave.
steve bannon
And it's totally free unless you apply and then something happens and then you guys come in as some sort of advisor, right?
But my point is it's totally free to contact you and to go through all this, right?
unidentified
Yep, 100%.
There's no retainer.
We don't charge anything up front.
We just take a percentage on the back end when you get your money.
That way there's no upfront cost, no barrier to entry.
And different, we threw out PPP a minute ago.
ERC is not a loan that has to be forgiven or paid back.
It's not a grant, Steve, that's free money, but you're told how you have to spend it.
It comes in the form of a check from the U.S. Treasury.
You put it in your business, take distribution, help employees do whatever you want with those funds.
steve bannon
Jason, one more time, how do people get to you?
Because I want everybody to pile into this and check it out and see if you qualify.
President Trump sent this program up for a reason.
I want everybody to go check it out.
Where do they go? That's it.
unidentified
Go to covidtaxrelief.org, covidtaxrelief.org.
As you can see there, you can put, if you don't want to sit on hold for a second, because as you can imagine, when we do these shows, our phone lines absolutely melt.
And so you're welcome to call that 800 number right there, or you can type in your information, and we'll call you back as soon as we have a free second.
steve bannon
Perfect. Okay, Jason, look forward to having you back on.
Let's pile in. I want to break the $200 million barrier, okay?
Let's do it. I want everybody to get that money back.
If you're eligible, you've got to do this.
Jason, thank you so much.
unidentified
Great work over there. Thanks again.
steve bannon
The team at covidtaxrelief.org.
Make sure you go check it out now.
Go online. It may be quicker than calling.
The number's up there, too. Okay.
It is Negotiation Day, 430 meeting at the White House.
You know why we have this meeting?
Because of you, this audience.
We have this meeting because of the audience.
We got the leverage. It's gonna get hot.
It's gonna get tough.
It's gonna get nasty. But that's why this republic's depending upon your broad shoulders.
Short break. We got Noor Ben Laden in Geneva.
We got the World Health Organization.
They're on watch. Michelle Bachman's in the room.
She's gonna be with us. Carrie Lake.
Fighting a good fight out there in the desert of Arizona in Gunny Sonny Borelli with Raheem.
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