Speaker | Time | Text |
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unidentified
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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. | ||
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
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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
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War Room, here's your host Stephen K. Bamm. | |
Okay, welcome. It's a Monday, 10 July in the year of our Lord, 2023, the afternoon and evening edition, early evening edition of The War Room. | ||
We're pretty packed today. | ||
In the 6 o'clock hour, Colonel Allen West is going to join us to talk about the NDAA. | ||
The authorization starts this week, in particular, the hearing of General Brown, who's been nominated to be the relief of General Milley as the chairman of the Joint Chiefs of Staff. | ||
Colonel West has a lot. | ||
He's working with Frank Gaffney and the team over the Committee on the Present Danger and the National Security Policy Institute. | ||
He's got a lot of thoughts on that. | ||
Ben Harner was also going to join us about the situation in Ukraine. | ||
He has announced he doesn't know if he's going to go to the NATO summit or not. | ||
It depends on whether they're going to let him in or not. | ||
I mean, the outrage of this guy is incredible. | ||
But Ben Harmon will walk you all through. | ||
Plus, the Wagner Group turns out, as we covered it live on the 24th of June during this quote-unquote, I don't know, revolt, rebellion, whatever the media was calling it, five days later in the Kremlin, turns out that the reporting today that Putin met with The head of Wagner Group, plus 24 of his field commanders for a three-hour meeting. | ||
So we'll get down to all that. | ||
Plus Royce White, who set the world on fire yesterday, burned down the internet with putting Trump, stenciling Trump 1 on his skull. | ||
During the entire CBS Sports national broadcast of Big Three basketball from the arena in Brooklyn, New York. | ||
Also, Cube was there in RFK, so we're a lot to talk about. | ||
We've got Todd Bensman in Eagle Pass, Texas, to talk about this invasion of the southern border. | ||
And Mark Jechtavik's on, for a topic I've wanted to cover for a long time, we're going to get down to today, the central bank, the Federal Reserve, the central bank digital currency. | ||
We're going to get all over that today. | ||
But I want to start with Rahim. | ||
Rahim, over at National Pulse, the reimagination is going well. | ||
It's amazing. It's a must-go-to site. | ||
But I particularly like this Inside Baseball you're giving us on this podcast about the campaign. | ||
Tell us about the theory, because here's why it's interesting. | ||
You were one of the early ones after us, of course, to start to focus on the deceleration of DeSantis. | ||
Now, as Jason Miller has tweeted out, when the Wall Street Journal and the New York Post, both apparatuses of the Murdoch news empire, when they start putting articles out about Nikki Haley, who's polling at 2.5%, being the new Iron Lady, Right? | ||
You know it's time. They're moving on from Ron DeSantis. | ||
So tell me about the podcast, because I've got a clip from the podcast, and I want to play its entirety. | ||
It's about three or four minutes long, but it's so good. | ||
But just tell me the concept of the podcast. | ||
What are you trying to get people that you don't normally get on most shows? | ||
Yeah, look, I think a lot of shows are doing the news, right? | ||
They're doing, you know, what's happening in real time, you know, raw analysis in real time. | ||
There's not a lot that get to sort of take everything, you know, I hate this word, but we'll use it holistically, you know, over the course of the week and draw the, you know, the map of the campaigns as they stand over that period of time. | ||
We identify a certain amount of flashpoints every week, because there's a lot of noise out there, especially in a heated campaign, there's a lot of noise. | ||
We draw those big flashpoints out, and then I explain, and I think in quite You know, conservative terms in terms of how long the podcast is, you know, we only go 45 to 47 minutes, figure that one out, every week, because it's condensed. | ||
We're not trying to sort of drag this out and have like three, four, five hours worth of analysis. | ||
This is like boom, boom, boom. | ||
What do you need to know? | ||
What did it tell us about, you know, what the conversations might be within the campaigns? | ||
I have a lot of sources in many different campaigns, by the way, more than people would think, and certainly more than some campaigns would feel comfortable with. | ||
And we tell the big story. | ||
What's really going on? | ||
What are the trajectories? | ||
And for those who haven't run or worked on campaigns before, it's things like, hey, what do we look for that tells us, like, the mentality? | ||
The morale, the vibe, where are they going next? | ||
And, you know, this clip you're going to play kind of goes to the heart of that, as we're seeing in Iowa now these leaflets landing on people's doors. | ||
We have seen this kind of gay campaigning from DeSantis, this gay, obsessive campaigning from DeSantis over the last couple of weeks. | ||
And it was very interesting to me that when the campaign finally decided that they had to send the principal out, you know, you sent the candidate out to explain a meme, and they sent him on to Fox Corp's Outkick Network with Tommy Lahren to make that case. | ||
And all of those things are significant for many different reasons. | ||
Let's go ahead and play what I'd like to do, Denver. | ||
Can we go ahead and play Raheem's clip? | ||
And I'm going to play its entirety. | ||
It's a couple of minutes long, then we'll come back with Raheem Life. | ||
This is, let's talk about what it means to tell your principal, your candidate, hey, you gotta go on television and defend this meme that we retweeted and we're getting s*** for. | ||
unidentified
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What? You want me to do what? | |
Okay, and where are you sending me to do this? | ||
Well, we're sending you to Tommy Lahren.com. | ||
I don't know, Outkick or something? | ||
I looked into this thing. | ||
It's some Fox Corp owned project. | ||
I think it was started by Clay Travis, who was the guy, by the way, who was photographed in the DeSantis event. | ||
You couldn't get a more incestuous little cabal than like Rhino Media, right? | ||
Yeah. Listen to this. | ||
As late last week, the DeSantis War Room Twitter account put out a video attacking Donald Trump for, I guess, his advocacy for the LGBTQ community. | ||
And some people on the Trump side, and then of course the liberals, some people in between, they were pretty upset at that video. | ||
It features Caitlyn Jenner and other folks. | ||
What do you say, what was the intent of that video? | ||
And it was not put out by you, but it was put out by an account linked to you. | ||
What's your response to all the backlash? | ||
I think, you know, identifying Donald Trump as really being a pioneer in injecting gender ideology into the mainstream where he was having men compete against women in his beauty pageants. | ||
I think that's totally fair game because he's now campaigning saying the opposite, that he doesn't think that you should have men competing in women's things like athletics. | ||
And so we've been very clear on it that we believe in protecting the rights of our girls. | ||
And the rights of women athletes to be able to participate with fairness and with integrity. | ||
And ultimately, when you talk about some of the gender ideology that's being unleashed in this country and the state of Florida, we are fighting back against that clearly in schools. | ||
But I think even beyond that, it's just a fundamental issue of I think it's an attack on women's rights more broadly to say that gender is fluid, and I also think it's an attack on the truth itself. | ||
When they take a swimmer who swam on the men's team for three years and then switches to the women's team, and they say that's the women's swim national champion, We know not only does that violate the opportunities for the other women swimmers, but we also know that that's a lie. | ||
It's not true. And I think there's value in making sure our society is rooted in truth and not in social facts. | ||
That doesn't believe what Ron DeSantis, you know, concluded with there, right? | ||
And yet somehow he still manages to make that sound cringe and boring. | ||
To me at least. I know so many of you feel the same way, but if you don't, let us know. | ||
You know, I'd like to... You can even DM me, by the way, private message me in the Discord chat. | ||
He manages to make it sound tedious. | ||
Tedious is probably the best word to describe Ron DeSantis at the moment when he's up on television doing these things. | ||
Because here he is, right? | ||
Here's why it's tedious to me. | ||
Because I think it's one thing to talk about what he says and how he says it. | ||
It's another thing to deal with the actual issue. | ||
So he's taking an incident from, what, 12, 13 years ago, something to do with the Miss America pageant having a transgender person in there. | ||
And And saying, okay, well, we need to hold Donald Trump accountable to that 2011 or 2012 standard. | ||
On the other hand, the DeSantis team will tell you, yes, DeSantis did listen to Fauci, you know, right at the beginning of the pandemic, and he did try to ban interstate travel into Florida, and he did mask up, and he did kill that old veteran that he put on television to have the vaccine while Ron was standing behind him. | ||
You guys seen that? You remember that? | ||
Go and look at it. | ||
Look for it if you haven't seen it. | ||
And they're saying, yeah, he did do all those things, but then he course corrected, so it's fine. | ||
So we don't need to deal with that. | ||
And that was only a couple of years ago. | ||
So that's why I find it tedious, because their story doesn't even stack up. | ||
The way they campaign isn't... | ||
The first rule of politics is don't bore Raheem. | ||
It's tedious. Don't bore Raheem. | ||
Raheem's bored. That's a failing of the campaign's board. | ||
Raheem, you brought up an amazing point. | ||
I don't want to bury this lead. | ||
In a presidential, and particularly when you're the challenger running against essentially an incumbent, you can't focus on... | ||
Everything you do with that asset is important. | ||
How do you conceive at the high command to roll him out To counter a meme. | ||
And not just that. | ||
I actually watched the Tommy Lahren full interview for where I could get. | ||
And the reason I watched it, I was kind of shocked that he was going to go on to Tommy Lahren. | ||
I didn't even know she had a show. | ||
But to do it. And I got to tell you. | ||
She did a great interview. | ||
If you played more of it, I mean, she asked him the question about, hey, you're collapsing in the polls. | ||
She was pretty tough and he didn't have a great answer. | ||
He always falls back. | ||
He reverts to, oh, we raised more money. | ||
The raise more money is a lie. | ||
The $20 million for the quarter, they shifted, what, $6 million out of the pack. | ||
That's $14 million. They had a huge day of $8 million, which you would anticipate they'd have. | ||
If you back that out, they're down to, what, $7 million? | ||
And it's a declining scale. | ||
If they showed the last days of the quarter, I don't think this guy's raising $50,000 a day. | ||
The average, I think, is $275 to $3. | ||
He's not raising $50,000 a day. | ||
The one answer he pivots to on this... | ||
Is actually the worst answer. | ||
If somebody could get in the back of the numbers, you could blow him up right there. | ||
If he walked in there, boy, if he came in a war room, boom! | ||
Sorry, dude. That answer does not cut it. | ||
In fact, one of the biggest tales of your campaign is you ain't raising money right now. | ||
And even the big donors cut you off. | ||
But I want to go to this Tommy Lahren. | ||
Why would you send your principal when you're competing against Trump and he's at UFC and they're treating him like the king of male America? | ||
Why would you send him out on the Tommy Lahren show To not do particularly well. | ||
Well, the latter part of that, I think, is applied to almost every interview that he's done in recent weeks, right? | ||
They've not been particularly good. | ||
They yanked him off last week, remember, and put Casey up instead. | ||
But there are two things. | ||
And by the way, in that same podcast, the one that came out this weekend, the campaign trail episode two, I do go through the money like you just did. | ||
And we talk about the transfer from the Florida PAC. We talk about the average. | ||
They won't release how much on average. | ||
Trump campaigns, $34.20 average donation. | ||
The DeSantis team won't tell you what that average is. | ||
And that's because most of it is coming from, you know, the Bigelow's and the Griffins and the multi... | ||
The time they raised the most money... | ||
Remember, they didn't launch on Twitter. | ||
They launched in the basement of the Four Seasons Hotel during their donor reception, right? | ||
That was their official campaign launch. | ||
And that's where they raised the most money, apart from the transfer they're making from the PAC. So, you're right. | ||
That is a terrible answer. | ||
And it takes only a person, you know, two minutes, three minutes to figure out what's really going on there. | ||
The other part of it that's really interesting to me is, you know, this tedium of DeSantis. | ||
I think that's how most people are starting to feel about him. | ||
I think I accidentally hit on a word in real time there recording that show that really gets to the heart of what people feel when they hear him making these things. | ||
And here's why they do it. | ||
Here's why they do it. Because his internal numbers show him only performing particularly well on that issue. | ||
Ron DeSantis is trusted on woke, right? | ||
Because he keeps talking about woke. | ||
On matters that win a general election, right? | ||
And it's going to come down to crime, the economy, and immigration. | ||
Once again, just like 2016, that's the kind of election that this one is. | ||
But DeSantis doesn't have any of those... | ||
You know, notches on his lapels. | ||
He doesn't have any of those epaulets. | ||
He's only got the woke. | ||
So they send him out on the woke issues. | ||
And the woke issues, I'm afraid, are gay. | ||
And so now you've got this horrible thing where the only time you hear about DeSantis is talking about gay stuff. | ||
Okay, hang on. I want to hold you over for a minute. | ||
I know you're busy, but the podcast is really extraordinary. | ||
I want to make sure everybody gets a chance to get to it. | ||
Short commercial break. | ||
Raheem's going to be with us on the other side. | ||
unidentified
|
We're taking down the CCP! Spread the word all through Hong Kong We will fight till they're all gone We rejoice when there's no more Let's take down the CCP! We will fight till they're all gone. | |
We rejoice when there's no more. | ||
Let's take down the CCP! Okay, Rahim, the Hill newspaper had at its Sunday morning lead the memo. | ||
That's that daily column they put up. | ||
And they had the pictures of DeSantis, Youngkin, and Kemp. | ||
And it was about how the GOP establishment, including the head of the RNC, a lot of state parties, and the donors are very worried about DeSantis. | ||
And it's all about how do they make a move? | ||
When will they make a move? | ||
Simultaneously, Fox and Murdoch's in back of this whole deal. | ||
Over the weekend, I'm inundated with Nikki Haley as the Iron Lady. | ||
I mean, brother, you're an Englishman. | ||
Is Nikki Haley anywhere close to being Margaret Thatcher, sir? | ||
They already understand that... | ||
He is tedious. He has no charisma. | ||
I call him Ron the robot. | ||
And even Casey's out there. | ||
Finally, she's dumped the deal baggage. | ||
She's running around trying to be the new Moms for Liberty out in Iowa. | ||
It's fine. She's got a personality. | ||
It's okay, but it's not going to get you anywhere, right? | ||
She's doing her best, and you've got to admire what she's trying to do. | ||
But are they, in your assessment, trying to make that pivot right now? | ||
There's a massive scramble going on in Tallahassee right now. | ||
I know that for a fact. | ||
They are currently weighing up major staffing changes. | ||
People are talking about shifting people around, pushing other people perhaps more to back-of-house rather than front-of-house operations. | ||
This is—and the leaflets that are going out in Iowa at the moment are a form of panic. | ||
It's a form of, well, we've tried everything we know that should have worked. | ||
Now let's just throw everything we can at the problem and see what sticks. | ||
That is no way to run a campaign. | ||
That is no way to guarantee any campaign discipline, by the way. | ||
And speaking of discipline, the how not to campaign segment of the podcast from this weekend is Casey DeSantis. | ||
Because it's not Casey DeSantis that's the problem. | ||
It's what Casey DeSantis is saying when she's up on stage that's the problem. | ||
She talks for five minutes straight, without a break, about what little terrors her kids are running around the governor's mansion in Florida. | ||
And it's like, OK, again, let's get back to crime, economy, immigration as topics, not, hey, my husband's great because he stops the kids writing on the walls sometimes, and the walls date back to 18-whatever. | ||
That doesn't win you anybody. | ||
It doesn't win you anything. It doesn't even show you to be a particularly good parent at that point, right? | ||
She's telling stories about how her kids are running onto stage when she's trying to answer questions. | ||
It's like, OK, now you're just telling us that you can't staff up and that you don't have the campaign discipline to be able to keep those sorts of things in check. | ||
Meanwhile, by the way, the world is seeing that Donald Trump can walk into a Waffle House, can walk into a Dairy Queen, can walk into Versailles in Miami And yet still have that kind of rigidity, security, campaign, you know, excellence really is what we're talking about here. | ||
We're talking about best practices, disciplined best practices that you run a campaign. | ||
People judge the candidates not just on who they are and what they say, but how the operation around them works. | ||
And currently the operation around Ron DeSantis does not work. | ||
He could talk to farmers about policy in Iowa, then go talk to evangelical Christians about volunteering in Vegas. | ||
He could go to a Dairy Queen, a Waffle House, and then show up at the alpha male, high testosterone UFC fight and have Mark Wahlberg, Mel Gibson come over and Joe Rogan, who trash talked him, come over and, you know, hey sir, you know, kind of bowing down, look like Janet Yellen in front of the Chinese Communist Party. | ||
Rahim, the podcast is what's needed for people who want to see what's exactly going on in Rahim's As well-sourced as anyone in the business, and I mean even in the mainstream media, so it's an extraordinary thing. | ||
How do people get to it, Raheem? | ||
Yeah, it's very simple, thenationalpulse.com forward slash war room. | ||
If you go to thenationalpulse.com forward slash war room, you will get notified. | ||
Every time there is a new episode, you will get notified, by the way, of lots of other things, too. | ||
I did a review for our analysis section this week of Sound of Freedom, called it one of the most important movies of the year. | ||
I think it really is maybe one of the most important movies of the decade. | ||
And you get a whole lot of other things with that, too. | ||
I'm currently working on the long-form piece The one thing I will guarantee you— It's not tedious. | ||
And the one thing I will guarantee you is no talk talks. | ||
Hey, hold it. | ||
unidentified
|
God, you're so bad. | |
No, it's inside baseball and it's cutting edge, as Raheem always says. | ||
Whatever you do, I keep telling people, don't bore Raheem. | ||
Once Raheem gets bored, he gets cranky. | ||
Raheem, thanks for being on here, brother. | ||
Thanks for doing that. Thanks for the national pulse in the podcast. | ||
Go get your deep tissue massage and your sauna and your workout now. | ||
Thank you, sir. COVID tax rules. | ||
I've got Todd Denton's at the border. | ||
And I've got Mark Jephtovic about crypto. | ||
I want to bring in Jason Brown. | ||
Jason, everything is going on. | ||
The Freedom Caucus threw down this letter. | ||
You can get it up on my getter. | ||
It's brutal to McCarthy to say, hey, we're not playing games here, but we want to see some cuts to the budget. | ||
Everything is up for play right now. | ||
President Trump got through this legislation on this COVID tax relief. | ||
I want to make sure people know... | ||
How they come to you to check for their eligibility, because this is not something you're either in or you're out. | ||
And what you need is kind of a Sherpa. | ||
You need somebody to guide you through because it's a little complicated. | ||
What is the program and where do folks go? | ||
And what is the count in the mountain right now for Worm? | ||
Because I keep getting feedback from people who have done it and said, man, we're so glad we did this because it was available. | ||
President Trump authorized it. | ||
He initiated it and it came in handy. | ||
Talk to us about what's going on. | ||
unidentified
|
Look, I love how you put it. | |
This is legislation President Trump put into effect before he left office. | ||
He wanted to make sure... That those folks providing jobs, those business owners out there that were struggling during COVID 2020-2021 were taken care of. | ||
And so this is the last COVID stimulus money available for business owners. | ||
They can get up to $26,000 per employee, per W-2 employee that they retained in 2020 and 2021. | ||
And unlike other stimulus you've heard of, PPP loans, for example, This is not a loan that has to be forgiven or paid back. | ||
It's not a grant, Steve. | ||
A grant is free money, but you're told how you have to spend it. | ||
The business owner can put this in their business, take distribution, help employees do whatever they want with it. | ||
Look, I love this part. | ||
I love when you ask about the numbers. | ||
Our partnership with you, to your listeners, $220,500,000. | ||
I mean, incredible. | ||
That's over $200,000 per listener. | ||
Now listen, I want everybody, if you're an entrepreneur, if you're not-for-profit, if you're church, any entity that had W-2 employees, the way to get to understand whether you're eligible or not, because this is not something you can kind of sneak into. | ||
You're either eligible or you're not. | ||
But you've got to talk to Jason Brown and the team at COVID Tax Release. | ||
Where do people go to get access to you so they can start filling out the basic form and then you can play 20 questions with them? | ||
unidentified
|
Steve, sorry, it looks like I lost video here, but they go to covidtaxrelief.org. | |
It's so simple. Go to covidtaxrelief.org, or you can call that 800 number right there. | ||
You'll speak with one of our experts. | ||
They will walk you through about a 10-minute questionnaire that directly parallels the qualification guidelines that the IRS has laid out for this. | ||
And so you put it right. | ||
You're either in or you're out. | ||
You either qualify or you don't. | ||
And we'll let you know if you do, and potentially the amount you would qualify for. | ||
So again, that's covidtaxrelief.org. | ||
Jason, thanks for doing this. | ||
Over $220 million to War Room Posse listeners and viewers that got in touch with Jason's team. | ||
One more time, Jason, where do people go? | ||
unidentified
|
Yep. COVIDtaxrelief.org. | |
And last thing, Steve, even if you've taken a look at it before and maybe you were told you didn't qualify, the qualifications have been changing. | ||
There's been several overhauls and changes to this legislation. | ||
It's worth 10 minutes of your time. | ||
COVIDtaxrelief.org. | ||
And let us walk you through the questionnaire and see if you qualify. | ||
Remember, non-profits and church groups also, churches. | ||
Make sure you check it out. Jason, great work. | ||
Doing the Lord's work, making sure people can get access to this. | ||
unidentified
|
So thank you. Thanks for having us. | |
Good to see you. Over $220 million. | ||
So get on it, folks. | ||
See if you qualify. Todd Benzman joins us now from Eagle Pass Tech. | ||
Todd, we had Michael Voorhees on today who's put together a coalition. | ||
He's from Church Militant. | ||
And he's put together... | ||
A group that's going to have a press conference, the National Press Club, next week. | ||
And he's throwing down hard about against the Catholic bishops because he's been in McAllen, Texas. | ||
He's been up and down as all these other traditional Catholic groups have. | ||
And they said they want they interviewed people in McAllen, Texas, up and down the Rio Grande Valley. | ||
They said the Catholic the Catholic Charities was essentially a concierge service for illegal aliens. | ||
And traditional Catholics want that to stop. | ||
What they want is to stop the federal government from funding that. | ||
You're down at Eagle Pass, Texas. | ||
I want you to get me up to date with all the numbers, exactly what's going on, because this invasion of the southern border is getting worse, not better, and they're lying to you. | ||
And I believe, along with Boebert, that this is an avenue for impeachment of not just Mayorkas, he's a grundoon, but Merrick Garland and Joe Biden. | ||
Todd Benson, get us up to date on what's happening down at Eagle Pass. | ||
Sure. Well, so I'm with Texas DPS right now in a... | ||
Texas Highway Patrol vehicle. | ||
We're down here on the river. | ||
That's why this background. | ||
The numbers are going to be... | ||
Prepare for this, because when the numbers come out for June, the administration is going to take the biggest, loudest victory lap that they ever have so far. | ||
It's going to probably come out in the realm of about 110,000 apprehensions illegally between ports of entry. | ||
What they're not going to tell you is that 45,000 more came through under CBP-1 through the bridges, and another 40... | ||
Todd, hang up for one second. | ||
Just hang up for one second. Take a short commercial break. | ||
I'm going to be right back. | ||
Todd Benzman, Mark Jaftevic on the other side. | ||
unidentified
|
Welcome back. | |
Welcome back. | ||
you We're playing the music of Americana, and that is the Irish Brigade song, Fighting for Uncle Sam in the Civil War. | ||
We're going to play that as our music today, too. | ||
Todd Benzman is down at Eagle Pass, Texas with the DPS. Todd, so you're saying that you've predicted it, you've walked it through the math, you said this is all optics, but they're going to say, wow, look at this, it's the lowest apprehensions in God knows how long. | ||
But what's the reality of the numbers, Todd? | ||
Let's not play the games of the Biden regime. | ||
unidentified
|
What's the reality? He froze. | |
Oh, gosh. Okay, can we try to reboot him? | ||
Yeah. Why are we rebooting? Because we're going to burn in daylight. | ||
I want to get Jeff to... I want to get Jeff... | ||
Let's get... Is Jeff Tovic up? | ||
Can I go right to Mark Jeff? We're very... | ||
Hey, we got a lot of range. | ||
What they say in baseball. You got a lot of range here in the war room. | ||
We're going to get... We're going to get Benzman. | ||
Benzman's with DPS. Who knows? | ||
Remember, Benzman, we're following him up and down the border. | ||
We got him in Lordsville, Lordstown, New Mexico. | ||
He looked like a bandito. | ||
And then you get him, he looks like the All-American Boy, so you never know. | ||
Jeff Tavik, we have not covered this issue enough. | ||
Your piece was amazing. | ||
Talk to me about, because people are freaking out, what is central bank digital currency, CBDC, and why are people freaking out about this, brother? | ||
Hi, Steve. Well, I'm As the name says, a central bank digital currency, a CBDC, will be a digital currency that is issued directly by the central banks around the world. | ||
At first glance, you might think this is just a digital extension of fiat dollars, and in some sense it is. | ||
However, once you digitize these CBDCs, the reason policymakers are so attracted to this is because They afford a heretofore unheard of level of control over the population. | ||
So if you thought Vax passports were bad, if you thought like China-style social credit was bad, this all gets baked in with central bank digital currencies with intention. | ||
If you start reading the white papers that these central banks are putting out, you realize and they talk about it very euphemistically in benign sounding terms, but they think having expiry dates on cash is a great thing. | ||
They think having negative interest rates are a great thing because these are all tools, in their words, to help avert crises and banking crises. | ||
But it goes even beyond that in that they can start adding programmability into central bank digital currencies. | ||
And ultimately, where I see this going is personal carbon footprint tracking baked in at the level of CBDCs right into your phone. | ||
And so the article that you referred to is a white paper that the Bank of International Settlements put out not too long ago. | ||
It was late May. In conjunction with seven other central banks, including the Fed, the Canadian Central Bank, the ECB, the JCB, and the paper is almost entirely boring for the first three quarters and then it gets into the details and they talk fairly Banal terms about, well, we may have to change legislation, we may have to change banking charters, oh, and we may have to change the Constitution to get some of these CBDCs deployed. | ||
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And that really leapt out towards the end of this particular white paper. | |
That was a buried lead that was kind of a bombshell. | ||
Walk me back through that. | ||
Oh, by the way, we may have to change the Constitution. | ||
Hold it. | ||
For all the people out there who have been all over this from the beginning, And the guys on Wall Street and the hedge fund guys and a lot of them and, of course, all the apparatchiks at the Federal Reserve said, this is another group of wingnuts, like during the pandemic, this is another group of wingnuts about the invasion of the southern border or the trafficking of children and For sex or, you know, what are we doing in Ukraine? | ||
That's another group of wingnuts. | ||
But then you read this white paper and all of a sudden, and it's buried down where they know nobody will ever get to because it's too boring or, as Rahima would say, too tedious to get to it. | ||
They say, oh, by the way, yeah, we're probably going to change the Constitution. | ||
What do they mean by that? Well, I mean, and that passage is literally in parentheses. | ||
But in that particular annex to the paper, they're almost ruminating internally, like, what is this stuff? | ||
Is this really cash? | ||
It's not really cash because it doesn't behave like this. | ||
And can a bank actually do this under its existing charters? | ||
And can you even do this under existing legislation? | ||
And so, because of the capabilities that they want to bake into these central bank digital currencies, They realize, or there's this open discussion internally, it's like, can this even be done within the current structure of our society's laws and charters and constitutions? | ||
I mean, they were referring, I believe, to constitutions in a generic sense, like every country is a constitution, and this was co-authored by seven different central banks. | ||
Yeah, I think. | ||
Eliminating illicit transactions because everything will be traceable. | ||
Eliminating tax evasion because everything gets taxed on the fly right away. | ||
But then the really diabolical stuff like, well, you know what? | ||
If you have a higher net worth, we can make prices on things higher for you because you have more money. | ||
Or we can lower the interest rate on your money the more money you have, which is actually... | ||
Precisely the opposite way most banks operate today, but it's a method they're calling tiered remuneration, which is if you have enough of this stuff, we're actually going to take a negative on the interest rate. | ||
But here – but Mark, here's where I understand. | ||
Why in the intellectual construct of this – Is to be able to do away with paper money and have every transaction be able to be centrally monitored. | ||
Why would a free citizenry ever agree to this? | ||
This is the exact opposite of how free men and women should be able to live their lives. | ||
Why would citizens Turn this power over, particularly to an institution that has done a terrible job on their initial mandates, which is about interest rates and inflation and full employment. | ||
Why would we turn this over to the Federal Reserve or these other apparatchiks that work at these central banks? | ||
Well, I've been saying since the very beginning Of my newsletter that central bank digital currencies will become the rails for programs like universal basic income and it will be done under the rubric of what we've heard called modern monetary theory. | ||
So if the economy is a smoking crater and there's a lockdown in effect, for example, and everyone's shut down, And they're just sending this stuff to your phone every month. | ||
Yeah, you're gonna spend it. | ||
You're gonna use it if your business is shut down, if your livelihoods shut down. | ||
In other words, if your economic sustenance is dependent on the state, you're not gonna have a choice and you're gonna do this. | ||
And my belief is that we're headed for, I call it monetary apartheid. | ||
People who have, people who are independent of The state for their economic survival will not put any of their wealth into this thing. | ||
They're going to get their wealth as far away from this as possible. | ||
And obviously, Bitcoin is the anti-CBDC in all aspects. | ||
But just anybody who has any financial independence or has the ability to get out of the orbit of a completely state-managed economy is going to do that. | ||
And we've seen a bit of this wherever retail CBDCs have launched so far. | ||
They've all failed spectacularly, although that's only happened so far in Venezuela and in Nigeria are the two main retail CBDCs. | ||
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And of course, they have failed spectacularly. | |
Where are we, Mark, right now with actually the implementation, promulgation, rollout of this in Canada, in your beloved Canada, in the United States of America? | ||
Well, the good news is it's still a long way out. | ||
What I've been saying in the newsletter every month is that it's a race to see if the economic financial system holds together long enough for these CBDCs to actually be deployed. | ||
Now, you might have heard of something called FedNow in the States. | ||
That's the US CBDC, but that is a That's an interbank clearing level CBDC. So around the world, we already have some implementations and some testbeds going of interbank, international clearing CBDCs. | ||
That's already sort of happening, but it's not... | ||
I haven't gotten down to the retail-facing CBDC level yet. | ||
I think we're still a long way away from those. | ||
I saw another BIS paper came across my desk today, I haven't had a chance to read, where they're saying 20-30 for retail CBDCs. | ||
And that's what we're talking about here. | ||
We're talking about a retail CBDC is when you're in the grocery store and you go to checkout and, you know, we're headed for a world where your phone is going to say you've had too much beef this month. | ||
Try some tofu instead because you can't spend your Fed coin on this Angus beef burger. | ||
That's where it's coming. BIS, by the way, the Bank of International Settlements. | ||
I know that's one of the fonts of all evil for many of our audience. | ||
Let's play. We've got a great clip. | ||
Let's play the clip. I just want you to respond to it before we let you go. | ||
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Sure. And the one final note I will make is that if you think about the benefits of digital money, there are huge potential gains. | |
It's not just about digital forms of physical currency. | ||
You can have programmability, you know, units of central bank currency with expiry dates. | ||
You could have, as I argue in my book, a Better, as some people might see it, or a darker world where the government decides that units of central bank money can be used to purchase some things, but not other things that it deems less desirable, like, say, ammunition or drugs or pornography or something of the sort. | ||
And that is very powerful in terms of the use of a CBDC. Yes, that's your Angus burger versus your tofu, right? | ||
You're polluting the atmosphere. | ||
It's scary. Mark, a lot of things have to happen to make this a reality, right? | ||
I know people are freaking out about Fed now, but to actually get this deployed, laws have to be changed. | ||
I mean, they even mentioned the Constitution, but they know they've got a lot of wood to chop before they can deploy this, right? | ||
Yeah, it's a long way out, and I'm a little more on the optimistic side. | ||
Some people are thinking, oh, they're going to You're going to have this banking crisis and we're going to wake up one morning and it's going to be a done deal. | ||
I believe policymakers would love that to happen, but I watch this every month. | ||
I pay attention to this almost as closely or as closely as I pay attention to the whole Bitcoin and crypto industry because it's like thesis, antithesis. | ||
It's a long way out and anyone who has tried it has failed. | ||
I mean, this Intermediary theory that says it's so far out that they're going to have to co-opt an existing crypto project to try and deploy these CDDCs. | ||
And my money has always been on Ethereum for that. | ||
Could be Ripple. | ||
You hear some from that. | ||
But I really don't think they're going to have time to build one of these from the ground up and get it deployed. | ||
And the global financial system is changing so fast, I really think they're hitting the end of the runway before these things can launch. | ||
Real quickly, how do we get to the crypto capitalists? | ||
How do people follow you? Bombthrower.com gets you on the mailing list, Stunt Pope on Twitter, Bombthrower on Getter, and I do have a deal for War Room listeners. | ||
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Bombthrower.com slash War Room, get a deal on the first month of the Bitcoin capitalist. | |
Get on this. | ||
Mark's one of the smartest guys around. | ||
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Brother, thank you. From Canada. | |
Short break. | ||
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Back to Eagle Pass, Texas next! | |
Okay, welcome back. | ||
back. | ||
you This is Pride in Our Nation Month, Pride in Old Glory, Pride in our flag, in our heritage, what it means to be American and what our forefathers and mothers have done to deliver and bequeath to us the greatest republic in the history of mankind and what is happening on our watch. | ||
But we're fighting back. | ||
One of the tips of spirit, Todd Benzman, he's with the Texas Department of Public Safety down at Eagle Pass, Texas. | ||
Todd, tell us what's going on down there. | ||
Sure. Well, I'm with DPS. I'm in Highway Patrol. | ||
And in this sector, this is probably the busiest sector along the border for illegal crossings. | ||
25,000 just in the month of June crossed here. | ||
A lot of family units. | ||
And this is where Governor Greg Abbott has decided to try to hold the line, Operation Hold the Line, where they're blocking the I came down here because what's happening is Border Patrol is attempting to undermine Texas by waving the immigrants in through other areas where Texas DPS is not, | ||
in which case they then are allowed into the country. | ||
Most of them are being processed straight into the country. | ||
And so there's this sort of Texas versus I just came from a spot on the river where the Texas razor wire ends and it's wide open and the immigrants are all kind of crossing around, coming around that spot in order to find border patrol. | ||
And then once they're Once they find Border Patrol, they're pretty much in, and that's kind of the game that's going on down here. | ||
You'll see more about this in the coming days from me, but I wanted to talk to you about the numbers because they've been leaked to me for the month of June, and they look like they're low at first glance, the numbers coming through between ports of entry, but what they're not going to tell you during the victory lap is that there might be 110,000 Apprehensions between ports of entry. | ||
There was 169,000 last month. | ||
But you have to add to that 45,000 more that have been brought in over the bridges under CBP-1 with these bogus kind of entry permits that they hand out to 99% of all applicants on the Mexican side. | ||
Everybody gets one of these eventually. | ||
45,000 there and then another 40,000, 45,000 being flown From foreign airports into U.S. Interior airports. | ||
So you're right back up to the 200,000 mark anyway. | ||
Probably another 50,000 gotaways that you can add to that. | ||
So whatever you hear in the coming weeks when the new numbers come out, you have to keep in mind that they are sneaking them through the bridges and through the airports and that there are just as many foreign nationals entering the United States As any month during the two and a half years of the Biden border crisis. | ||
I want to go back, as shocking as that is, and we'll spend the next couple of days with you going through the numbers, but you said this is how they're going to lie by doing these humanitarian passports and all this down and flying them up into the interior of the country. | ||
But the breaking news here, I think you've shocked me and I'm tough to shock. | ||
Are you telling me the brave women at the Border Patrol are actually working against the Texas DPS and what Governor Abbott has said, hey, you know, a project or operation, hold the line, where they're putting up razor wire and trying to stop them at the river's edge at the Rio Grande. | ||
You're telling us that under orders from the Biden regime that the Border Patrol is actually working against DPS to allow illegal aliens into the country? | ||
Well, absolutely. | ||
Their policies are opposite of one another. | ||
The Texas policy is to physically block them at the river's edge. | ||
They don't get in. I just saw a group blocked at the river. | ||
They were stuck in the river. They couldn't go forward because Texas was there. | ||
And they are looking for green uniforms because they know those green uniforms, that's the Border Patrol, will let them in if they can get there first or second. | ||
They're just looking for the green uniforms. | ||
Now, this is not individual Border Patrol deciding to do this. | ||
They are following orders. | ||
This is the official policy, is that we are going to process them in if they're on U.S. territory into all, you know, anywhere in the country, all four corners of the United States. | ||
The immigrants know this. | ||
If the Texas DPS catches them here in this district, in this area, They are probably going to be criminally prosecuted for trespassing. | ||
They are prosecuting hundreds and hundreds of immigrants if Texas gets a hold of them. | ||
They go to jail. If the green uniforms get a hold of them, they get a free pass into America forever. | ||
So it's a stark choice for the immigrants as they're coming through this area. | ||
It's the Texas Hold the Line operation versus the Biden administration's welcome wagon policy. | ||
Todd, where do people go? | ||
This new article you got up is pretty shocking. | ||
Plus, I know you're going to be putting footage up of your time down with the heroes of the Texas DPS down at Eagle Pass. | ||
Where do people go to get all the information, plus this book you've got, Overrun, which kind of laid it all out? | ||
That's right. You can follow me at BenzmanToddTwitter And T. Benzman at Getter. | ||
I've got a good account over there. | ||
I'm putting stuff up there. And also, I've got an account at Truth Social. | ||
And Overrun is available anywhere books are sold. | ||
That is the definitive history of how this mass migration, the greatest in American history, began and how we get out of it. | ||
The invasion of our country. | ||
Todd Benzman, you're here or you be safe down there because it's dangerous. | ||
And thank all the men and women of Texas DPS for doing this for the nation and for the great state of Texas. | ||
Will do. Incredible. | ||
Incredible. Insane. | ||
Todd Benson has been on his guide for reality. | ||
Okay. Home Title Lock. | ||
I want to thank them for being one of the sponsors. | ||
Make sure you go to hometitlelock.com. | ||
Check it out right now. Don't allow a cybercriminal to take a second mortgage out on your house. | ||
Don't. Go to Home Title Lock now. | ||
Also, Birchgold.com slash Bannon. | ||
The road to Durban. | ||
We're another day closer. | ||
You talk about a central bank digital currency where the emerging nations of the BRICS are going to have a gold-backed security. | ||
Who told us that? The Russians over the weekend. | ||
In a few minutes, Royce White and Colonel Allen West are going to join us here in the War Room. | ||
Stick around. Be back in a moment. | ||
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All I'm afraid is, because we've got the soldier of old Maclellan for to lead us, for to fight for Uncle Sam. |