Sept. 6, 2023 - Bannon's War Room
48:50
Participants
| 
| Speaker | Time | Text |
|---|---|---|
| This is the primal scream of a dying regime. | ||
| Pray for our enemies. | ||
|
unidentified
|
Because we're going medieval on these people. | |
| You're not going to free shot 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 line? | ||
|
unidentified
|
MAGA Media. | |
| I wish in my soul, I wish that any of these people had a conscience. | ||
|
unidentified
|
Ask yourself, what is my task and what is my purpose? | |
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
|
War Room. | |
| Here's your host, Stephen K. Bound. | ||
| The concept that they were living in an orchestrated Truman show that they did not understand. | ||
|
unidentified
|
Thank you. | |
| They're not going to have the idea of like, oh, sure, the vaccines were a little bit more dangerous than claimed and maybe a little bit less effective. | ||
| And maybe we knew a little bit more about the lab leaks. | ||
| No way. | ||
| You spat directly in my face and told me not only that it was raining, but that I was a crazy person for thinking that you spat directly in my face and you piled up how many Nobel laureates? | ||
| To defend the idea that any inquiry into the origin of this virus was racism. | ||
|
unidentified
|
It's like, you're dead to me. | |
| And I think that that's what people are not understanding in the democratic party. | ||
| Increasingly, the basic attitude is whoever this class of people is that crawled into our elite institutions is just dead. | ||
| There's nothing Anthony Fauci could say at this moment that I want to hear. | ||
| It's not that I don't think that he doesn't know virology or epidemiology. | ||
| I know I can't trust him because of the way in which he looked into my eyes. | ||
| And then, you know, when Stephen Colbert is dancing with syringes singing the vaccine song and Ariana Grande, you know, is in a super highly produced number from like hairspray but converted to vaccines with a giant picture of Anthony Fauci and everybody's celebrating like it's a May Day celebration. | ||
| I get it. | ||
| I live in a completely fake world. | ||
|
unidentified
|
Over the past year or so, I wonder why. | |
| So in that race, who knows what the win margin was? | ||
| .7, I believe. | ||
| I think it was .7. | ||
| You think it was .6? | ||
| Something like that. | ||
| Less than one point. | ||
| Well, what we've learned to do, so this is not in the report I've given you, but what we have learned to do, mainly over the last few months, we have learned to calculate for any given election what the numbers would have been if Google had stayed out. | ||
|
unidentified
|
So what you're seeing in the newspapers and on the internet and on TV is you're seeing the numbers with Google interfering in the election. | |
| What happens if Google didn't? | ||
| We know how to calculate now, calculate that precisely. | ||
| So in that race, let's see, I think it was Hobbes who won, right? | ||
| By a small margin, if I'm not mistaken. | ||
| Carey Lake would have won. | ||
| Hands down, absolutely guaranteed. | ||
| If you took Google out of that picture, Carey Lake would have won. | ||
| Ultimately, remember the math, we need 10 Republican senators to vote against impeaching Ken Paxton. | ||
| 10 Republican senators to vote against impeaching Ken Paxton. | ||
| And if they do, then he is not impeached. | ||
| Now, that being said, any pretrial motion needs a majority of the vote to pass. | ||
| So there's different standards that are used for true trial motions than for impeaching him, right? | ||
| The motions that Ken Paxton's team brought forth were motions to dismiss The articles of impeachment and some were whole hog and some were on specificity specifically to one article or another. | ||
| And there's a couple groups of senators that we're clearly seeing here. | ||
| The good news is that there are eight Republican senators who pretty darn consistently voted to dismiss this sham impeachment that Ken Paxton has been put through and that the people of Texas are being put through, that the voters of Texas are being put through. | ||
| Eight senators. | ||
| And those senators are to be commended. | ||
| That's Senator Brandon Creighton, Lois Kohlkost, Bob Hall, Donna Campbell, Paul Betancourt, Tam Parker, Charles Perry, and Charles Schwartner. | ||
| Charles Perry and Charles Schwertner broke a couple times but for the most part were pretty consistent. | ||
| Also then Senator Hughes I believe voted to dismiss one of the charges and Senator Kevin Sparks from Midland voted on two of the charges but other than those two votes Senator Sparks was with the Democrat caucus the entire time, as was Senator Hughes and the rest of the senators unnamed. | ||
| If you heard a Republican senator not named, then you can know that they voted with the Democrat caucus basically against these motions to dismiss consistently every single time. | ||
| I will say this. | ||
| I will commend Lieutenant Governor Dan Patrick. | ||
| Who's conducting the trial very well and fairly. | ||
| He did make a ruling that was, I think, very important for people who actually respect this process, which is that Ken Paxton cannot be compelled to testify. | ||
| He basically said the accusations being made by the House prosecutors are criminal in nature. | ||
| And kind of in line, the Senate has taken this up at a criminal level. | ||
| They've said in order to convict him on any of these articles, it needs to be beyond a reasonable doubt. | ||
| So they have put these kind of criminal level proceedings together, right? | ||
| And pursuant to that and in accordance with that, Ken Paxton could not be compelled to testify. | ||
| But that was within Dan Patrick's discretion as the judge in this trial to make a ruling. | ||
| And I believe he not only did he do the right thing, but he's also showing that he does want to conduct this trial in a way that everyone sees as fair, as fair and impartial as possible. | ||
| Ultimately, again, this is a political trial. | ||
| So this is, this is not an impartial jury. | ||
| Many of these jurors are very close and also they all have their own political ambitions and some of their largest donors. | ||
| I mean, Texans for Lawsuit Reform, largest donor of many of these senators that were voting against Ken Paxton today. | ||
| have come out and told these senators, do not vote to dismiss, right? | ||
| So just realize that a lot of the senators that were voting against the motions to dismiss were told by their largest donor, very publicly and clearly, you need to not vote to dismiss these motions. | ||
| So there's a lot of pressure. | ||
| And that's why Texans are speaking out and participating in this process as well, because we think that we deserve just the same voice that all these other powerful lobbyists deserve. | ||
| I understand, and I think we've all come to really appreciate the legal strategy behind Jack Smith's narrow indictment of Trump and only Trump. | ||
| Are you surprised that there hasn't been more state-level action on the fraud? | ||
| Because these are obviously the citizens of their states that have checked the boxes either wittingly or unwittingly and are being billed every month. | ||
| I mean, the evidence developed by the committee made clear that they were not particularly transparent in their legal defense fundraising. | ||
|
unidentified
|
Yeah, I think part of the problem here for prosecutors is our democracy has been so hollowed out by the misinformation and the plethora of lies that are being told that so many jurors would say, well, they all lie. | |
| Why is this guy going to jail for lying? | ||
| All politicians lie. | ||
| The cynicism has gotten so serious that it is unfortunately a truth. | ||
| That many jurors would probably balk at convicting some of these people for lying because they've been convinced that this is something that everybody does if they're in politics. | ||
| I have traveled the country and spoken to so many Americans. | ||
| They're disillusioned with House Republicans right now. | ||
| They think that we have not put up a substantial battle to defeat the worst elements of this Biden administration. | ||
| I worked very hard in January to develop a toolkit for us to be able to reorient the House of Representatives in a productive and positive way. | ||
| I don't believe we've used those tools as effectively as we should have. | ||
| And when we get back to Washington in the coming weeks, we have got to seize the initiative. | ||
| That means forcing votes on impeachment. | ||
| And if Kevin McCarthy stands in our way, he may not have the job long. | ||
| So let's hope that he works with us, not against us. | ||
| But we've got contingency plans in the event that he's not as productive. | ||
| Man, I'm so glad to hear you say that, because it just frustrates me. | ||
| And we give platform to a lot of folks out there, House Freedom Caucus guys, everybody. | ||
| But we hear McCarthy out there saying, well, he hasn't done anything yet, Biden hasn't done anything yet to reach the level of impeachment, or we're working on it. | ||
| You know, enough of that. | ||
| We've got you guys clearly have enough evidence. | ||
| We've all seen it. | ||
| We've heard it. | ||
| It's time to do something about it. | ||
| And I think the voters are really getting frustrated. | ||
| The concept that they were living in an orchestrated Truman show that they did not understand. | ||
| They're not going to have the idea of like, oh, sure, the vaccines were a little bit more dangerous. | ||
| Than claimed and maybe a little bit less effective. | ||
| And maybe we knew a little bit more about the lab leaks. | ||
| No way you spat directly in my face and told me not only that it was raining, but that I was a crazy person for thinking that you spat directly in my face and you piled up how many Nobel laureates to defend the idea that any inquiry into the origin of this virus was racism. | ||
|
unidentified
|
It's like, you're dead to me. | |
| And I think that that's what people are not understanding in the Democratic Party. | ||
| Increasingly, the basic attitude is whoever this class of people is that crawled into our elite institutions is just dead. | ||
| Like there's nothing Anthony Fauci could say at this moment that I want to hear. | ||
| It's not that I don't think that he doesn't know virology or epidemiology. | ||
| I know I can't trust him because of the way in which he looked into my eyes. | ||
| And then, you know, when Stephen Colbert is dancing with syringes singing the vaccine song and Ariana Grande, you know, is in a super highly produced number from like hairspray but converted to vaccines with a giant picture of Anthony Fauci and everybody's celebrating like it's a May Day celebration. | ||
| I get it. | ||
| I live in a completely fake world. | ||
| Tuesday, 5 September, the year of our Lord, 2023. | ||
| This is the late afternoon, early evening show of The War Room. | ||
| And man, did we return to school and to work with a bang today. | ||
| This is Information Warfare to the ninth. | ||
| We bookended that long, cold open with Dr. | ||
| Eric Weinstein on a new podcast. | ||
| We're going to try to play some additional clips from that, hopefully tomorrow when we cut them, talking about the Truman Show, talking about the fakeness of our institutions, the scum that crawled in there and lied. | ||
| And you hear Claire McCaskill, well, how can you prosecute any of these? | ||
| Because people are just going to say they all lie. | ||
| No, you lie. | ||
| MSNBC lies. | ||
| The Uniparty lies. | ||
| They lie to the people in this country and treat them like idiots, treat them like morons. | ||
| And finally, the people in this country have had enough of it, and they're standing up. | ||
| You're seeing that play across the entire country in many different verticals. | ||
| This right now is on fire. | ||
| This is not about the election of 2024. | ||
| This is about the here and now. | ||
| This is about standing them up, calling them out, And taking the action necessary so that everybody understands how phony they are, and quite frankly, how dangerous they are. | ||
| Matt Gaetz right there, letting it out what he's been working on. | ||
| Remember, Gaetz is kind of the quarterback on all this. | ||
| This is why they're coming after Matt Gaetz with the phony ethics charge, because Matt Gaetz is talking about it right there. | ||
| And of course, Cohen today says, we're going to subpoena this. | ||
| We're going to stop the subpoenas. | ||
| You don't need to subpoena. | ||
| What you need to do is move immediately to impeachment. | ||
| We don't need to deal with the New York issue yet. | ||
| We don't need to deal with Reagan. | ||
| Go right to Biden. | ||
| There's plenty of information. | ||
| There's a thousand times more information about Biden selling out the country for money to Ukraine and to the Chinese Communist Party. | ||
| One thousand times more than both impeachments of President Trump. | ||
| Man up, stand up, and move on. | ||
| Offense, offense, offense. | ||
| And of course today the underlying thing that's out there is the lies they've told you about the finances of the United States, the lies they've told you about the economy are all becoming clearer. | ||
| Because the number is 2 trillion plus, a deficit at 2 trillion plus on midnight of the 30th of September. | ||
| And it's something they can't run away from, they can't hide from. | ||
| Okay, we're gonna break it all down for you today. | ||
| We got two hours here in our afternoon and evening show. | ||
| We're gonna get into this and much, much more. | ||
| Oh, by the way, right before I go to break, the leading paper in the Hawaiian Islands from Honolulu says today there are 1,200 children missing and unaccounted for in Maui. | ||
| Short commercial break. | ||
| We're gonna be back to the war room in just a moment. | ||
|
unidentified
|
Everything's just beginning, for the games you want to play. | |
| Bring it on and now we'll fight to the end, just watch and see. | ||
| It's all started, everything's begun, and you are over. | ||
| Cause we're taking down the CCP! | ||
| Spread the word all through Hong Kong! | ||
| We rejoice when there's no more! | ||
| Let's take down the CCP! | ||
| Stephen K. Bannon. | ||
| Are there matters to help Mr. Paul? | ||
| Surprised and disappointed, yes. | ||
| During the time from July the 22nd, from then on, after his assurance that he would have nothing more to do with Mr. Paul, did you become aware that his contacts with Mr. Paul had become even more frequent? | ||
| I did. | ||
| Did you become aware that those contacts that were much more frequent also touched a broader variety of activities? | ||
| I did. | ||
| And just charity? | ||
| Yes. | ||
| At this time, Your Honor, I will move to introduce what my number was. | ||
| I don't have it here. | ||
| The number of the last exhibit. | ||
| Is that number 87? | ||
| Exhibit 87. | ||
| Exhibit 87. | ||
| Admit it. | ||
| We object. | ||
| First off, hearsay, Your Honor. | ||
| Second off, it's clearly he even expressed concern for the Attorney General. | ||
| That was his client. | ||
| This talks about communications between client and lawyer. | ||
| This is a privilege issue square and away. | ||
| And we'll come back to that. | ||
| We just need to split screen for a second. | ||
| Just bring that in. | ||
| You're watching history down in the great state of Texas. | ||
| The first time, I think 1917, when they had a populist governor down there, they impeached. | ||
| The trial, they've started the trial of Ken Paxton. | ||
| Now remember, this is not about Ken Paxton. | ||
| This is about you. | ||
| This is about the grassroots. | ||
| Because we have a multi-front war. | ||
| Because we have to. | ||
| Not that we choose to have a multi-front war. | ||
| We have to. | ||
| Part of this war, both at the state level and at the federal level, is this lethal combination Of radical Democrats and establishment Republicans, what is referred to as the Uniparty, backed by a donor class that really is not separated by all that much. | ||
| The donor class supports the Democrats and the big donor class supports the Republicans and those big donors are not separated by that much. | ||
| Ever wonder why there's not big tax increases for Larry Fink and for all these guys when the Democrats are there? | ||
| Because everything you see down at the AOC, that's all performative. | ||
| That's all performative. | ||
| The wealthiest people in the country support the Democratic Party. | ||
| The Democratic Party has a backing of the wealthiest globalists in this nation. | ||
| And they have very few working class people anymore. | ||
| Very few workers. | ||
| A lot of poor that are dependent upon the government. | ||
| They want to become more dependent upon the government. | ||
| And of course, a strong cadre of absolute radicals that want to tear apart the social fabric and the society of this republic that is based upon the tenets of the Judeo-Christian West. | ||
| What you're seeing at every level in Georgia, This fight over Fannie Willis. | ||
| Fannie Willis partnered with Kemp and Kemp is the Georgia representative of the Bush Junta in Texas right there. | ||
| You're seeing a trial going on right now. | ||
| They're going to sit for six weeks if we allow them. | ||
| If the pressure, if the unrelenting pressure of the grassroots in Texas, the hard-working folks in Texas, the MAGA movement in Texas, I would argue maybe the greatest of all MAGA states, you know, Ohio and Florida. | ||
| I'd have to toss in there. | ||
| But I think Texas could could make a claim. | ||
| A first among equals, except for its political class, particularly in the House, where you have a bunch of radical Democrats teamed up with people that run as Republicans, but are essentially Democrats. | ||
| Ken Paxton's on trial for one reason. | ||
| Ken Paxton's on trial. | ||
| Because he's been a supporter of the Trump movement, and he moved immediately to contest the 2020 election and really led the charge at the state level. | ||
| Because as Ken Paxson said when we had him on here, and I think we had him on as our first guest after the inauguration of the illegitimate Joe Biden. | ||
| I think Ken Paxson said where the Biden regime is within the bounds of the Constitution, we'll have no problem. | ||
| He's one of the backers of President Trump. | ||
| He said that the very first day and he was one of the leaders in that. | ||
| He's one of the backers of President Trump. | ||
| He's also had the mortal sin to the Bush family of ending the political career of the golden child. | ||
| George P. Bush. | ||
| Remember, this is the guy they sent over to like 30 days. | ||
| This is the Bush's pulled a stunt with George P, the golden child that Joe Biden did with Hunter. | ||
| Joe Biden gun decked to get Hunter into the into the Navy. | ||
|
unidentified
|
Right. | |
| As an officer, as a drug addict and an officer. | ||
| I think he lasted 30 days. | ||
| The Bush's did the same thing with George P. The mortal sin of Ken Paxton. | ||
| To the Bush apparatus was that Ken Paxton crushed George P. Bush in the primary. | ||
| Why did he crush him? | ||
| Because he had the endorsement of Donald J. Trump. | ||
| Remember, these people would rather see, and I include the Murdochs, the donors, the Bush apparatus, all of them would rather see, rather see Joe Biden get a second term or better than that, they'd rather have Gavin Newsom get in there. | ||
| Or they'll take Michelle Obama. | ||
| Don't, don't, don't, don't think they wouldn't. | ||
| Anything but Trump. | ||
| And why is that? | ||
| Because President Trump put you in the room and put you at the head of the table. | ||
| Because he had the back of the American people, that's his mortal sin. | ||
| And that's why he must go to prison for 600 years. | ||
| That's why Donald J. Trump, one of the most successful Presidents we've ever had in his first term must die in prison. | ||
| I want you to fully embrace that. | ||
| And understanding that's not working. | ||
| They're trying everything else. | ||
| I just want to say it a war to the knife. | ||
| They're going to come up with everything. | ||
| Got the 14th Amendment. | ||
| They understand they have no constitutional basis in the 14th Amendment. | ||
| Oh, just some judge thinks, oh, yeah, you're an insurgent. | ||
| You're an insurrectionist. | ||
| You're a domestic terrorist. | ||
| Somebody just somebody thinks that. | ||
| Then they can take you off a ballot in the state. | ||
| What kind of chaos would that prove? | ||
| Totally unconstitutional. | ||
| But that's not it. | ||
| They're going to get the ball rolling. | ||
| And this was all money coming out of Leonard Leo's group, the Federalist Society. | ||
| Think about it for a second. | ||
| And the whole big lie. | ||
| Because these are all things are trying to put it to get your attention at Comer. | ||
| Comer today. | ||
| Oh, subpoena. | ||
| So big. | ||
| We subpoenaed that. | ||
| I subpoenaed this. | ||
| I got this. | ||
| I subpoenaed this. | ||
| Let me give another subpoena. | ||
| Kevin McCarthy. | ||
| Oh, well, you know, we really got to think about the impeachment. | ||
| Matt Gage just called it out right there. | ||
| The big news is they bald-faced lied to you on the thing that matters and that's money. | ||
| Washington DC is about money and power. | ||
| Let me repeat that. | ||
| Washington DC is about money and power. | ||
| And right now they have a system that works for them. | ||
| The legislative side, the executive branch pushed forth this nonsense. | ||
| The legislative side agrees to it, signs off on it, that has massive deficits, but they lie to you in that process. | ||
| They say, oh, it's going to be, I don't know, a trillion dollars. | ||
| We said, no, no, it's not going to be a trillion. | ||
| I think it pencils out to at least two trillion, a trillion and a half to two trillion. | ||
| Guess what? | ||
| It comes in at two trillion. | ||
| And now the interest expense is exploding. | ||
|
unidentified
|
Why? | |
| Because the spending's crowding out in the capital markets. | ||
| But no. | ||
| They have... Think about the ultimate con. | ||
| Think about this for a second. | ||
| If you set this system up and went in and pitched it as a business proposition, people look at you and go, are you nuts? | ||
| Here's the proposition. | ||
| That we can just spend as much as we want. | ||
| You know, over and above tax revenues and all this, we can spend as much as we want, and you have a little machine off to the side. | ||
| It just continues to crank out. | ||
| And if you create bonds and create things that they fund the government, and if you can't get enough buyers for that, we'll just buy it ourselves. | ||
| We'll just create the bond and buy it ourselves. | ||
| Printing money, we'll just print money. | ||
| And we'll just continue on it. | ||
| Well, eventually the purchasing power of that fiat currency starts to decline. | ||
| Starts to decline. | ||
| I think it's been a 17% drop since the illegitimate Biden regime came in and that's why the Global South that has the resources, the oil, the gas, the tin, the rubber. | ||
| All the mining resources? | ||
| They sat there and go, hey, how about this? | ||
| Why don't we try something else? | ||
| Maybe we don't do that. | ||
| Maybe we get off your fiat currency. | ||
| Maybe we figure out how to trade amongst ourselves. | ||
| Maybe try to do it regionally. | ||
| Maybe try to do it on oil. | ||
| In fact, let's start, let's get off the petrodollar. | ||
| Let's just, will you take my rupees? | ||
| With all the currency risk you got with rupees, why don't you take my rupees? | ||
| Take my rupees and I'll buy a million barrels from you, UAE, our supposed to be the United States' great ally. | ||
| With India, that's supposed to be our other great ally. | ||
| That's the first big trade. | ||
| Because they're lying to you, and they just... Kevin McCarthy on TV is thinking his great thoughts, and he says, no, no, no, no. | ||
| We don't want to do it now. | ||
| Don't do it now. | ||
| We have a long-term thing. | ||
| We can get the long-term thing, and we'll do that, you know, we can do it in the fall, or even better, we can get a CR, and then we can get an omnibus, and we get it all done, all wrapped up, nice for the holidays, and maybe we'll talk about the long-term next year. | ||
| That's what we'll talk about. | ||
| Hey, how about this? | ||
| Kevin McCarthy's big fat cat donors Republican Party. | ||
| How about we propose at the Wharram a massive tax increase on everybody that gives Kevin McCarthy money? | ||
| Because this is why I cut the deal with Biden. | ||
| Let's just let's lay the cards on the table. | ||
| The reason they gave Biden a two-year deal, the reason why we had Biden by the throat and we let him go, is because the donors said, no, no, no, no, no, no, no, no. | ||
| If you do that one-year deal, come the start of the election next year in May, the deficit is going to be bigger because we can do the math, because we're Wall Street guys. | ||
| And then people are going to be looking around the room and saying, hey, we can't sell the bonds, can't do that. | ||
| Maybe we have to increase taxes on the wealthy. | ||
| So, McCarthy, you're going to play these games. | ||
| Let's call out the wealthy donors. | ||
| of Kevin McCarthy and the wealthy donors of the Democrats. | ||
| In fact, let's just, I'll just randomly, let's go to the Forbes 400 and let's see, let's pick the two or three guys that are not MAGA, they're a MAGA, let's get them off the list and the other 397, let's tax them. | ||
| Let's just start. | ||
| Hey, if you're going to screw future generations and lie and lie and lie, how about payback? | ||
| How about throwing a little something into the kitty? | ||
| How about tossing a little something in? | ||
| How about that? | ||
| Short break, back in a moment. | ||
|
unidentified
|
We will fight till they're all gone. | |
| We rejoice when there is no more. | ||
| Let's take down the CCP. | ||
| CCP! | ||
| The host, Stephen K. Babb. | ||
| Stephen K. Babb. | ||
| I have traveled the country and spoken to so many Americans. | ||
| They're disillusioned with House Republicans right now. | ||
| They think that we have not put up a substantial battle to defeat the worst elements of this Biden administration. | ||
| I worked very hard in January to develop a toolkit for us to be able to reorient the House of Representatives in a productive and positive way. | ||
| I don't believe we've used those tools as effectively as we should have. | ||
| And when we get back to Washington in the coming weeks, we have got to seize the initiative. | ||
| That means forcing votes on impeachment. | ||
| And if Kevin McCarthy stands in our way, he may not have the job long. | ||
| So let's hope that he works with us, not against us. | ||
| But we've got contingency plans in the event that he's not as productive. | ||
| Man, I'm so glad to hear you say that, because it just frustrates me. | ||
| And we give platform to a lot of folks out there, House Freedom Caucus guys, everybody. | ||
| But we hear McCarthy out there saying, well, he hasn't done anything yet, Biden hasn't done anything yet to reach the level of impeachment, or we're working on it. | ||
| You know, enough of that. | ||
| We've got, you guys clearly have enough evidence. | ||
| We've all seen it. | ||
| We've heard it. | ||
| It's time to do something about it. | ||
| And I think the voters are really getting frustrated. | ||
| It's time to do something about it. | ||
| Words to the wise. | ||
| E.J. | ||
| and Tony, I want to make sure everybody understands this. | ||
| E.J. | ||
| and Tony does not support any of my radical tax ideas. | ||
| By the way, I also want everybody to go to birchgold.com and ask the folks at Birchgold a simple, direct question. | ||
| Get all the free information we provide at the end of the dollar empire. | ||
| Ask them a simple question. | ||
| Why is the Federal Reserve, besides printing money nonstop, got the crank up printing those Federal Reserve notes, why are they spending so much time on the central bank digital currency while The people in the Global South that control the resources are spending all their time buying gold in 2022 and 2023 at record levels. | ||
| Just ask them the question. | ||
| Ask them the question, let them give you the answer, then I want you to think about it. | ||
| That's all we ask. | ||
| That's all I want you to do. | ||
| Birchgold.com. | ||
| Go do that today. | ||
| EJ and Tony, this is going to be, I got to tell you folks, I thought The first day back at the end of the summer, I know everybody's got the long face, the summer's over, and it was a pretty crazy summer. | ||
| But it's nothing like today. | ||
| Today we fired off the football. | ||
| There's 20 different even stories that are all signal we can't even get to today. | ||
| We're going to try to give you a little taste of some of those, get back into them tomorrow, including the lead-serving, put this up, was it the Honolulu Star? | ||
| The paper of record, the paper of record in Hawaii, For the islands. | ||
| From Oahu, from Honolulu. | ||
| Lead story. | ||
| 1,200 kids not accounted for at the beginning of school. | ||
|
unidentified
|
1,200. | |
| That'd be 1,200. | ||
| And they go, yeah, you know, maybe they moved, maybe they went to a different school, maybe they went to... Hey, hey, hey, hey, whoa, whoa, whoa, whoa, whoa. | ||
| And nobody checked in? | ||
| No parents checked in? | ||
| And then they get down to the thing of the 115 that have been identified of the remains, I think there's one child. | ||
| And I think of the missing, the 388, there's another child. | ||
| Something like that. | ||
| We've got a team all over this. | ||
| Where are the children that are supposed to be in the Maui schools? | ||
| We're just asking a question. | ||
| Because it's in the paper of record in the Hawaiian Islands. | ||
| You know, people are tired of this. | ||
| People are tired of the control function put down to restrict information to them. | ||
| They're tired of the lies in the spin and the bald-faced lies about East Palestine. | ||
| They're tired of what's happening on the southern border and being lied to. | ||
| And now you see the meltdown in New York City and the meltdown in Chicago and the meltdown these other sanctuary in these other sanctuary cities. | ||
| And now all the pointing fingers of Biden and they're asking for federal massive federal bailouts. | ||
| This is all coming to a head. | ||
| And that's where the poll numbers of the radical Democrats continue to drop. | ||
| And one of the biggest areas of drop are Hispanic and African-American men. | ||
| Because they see what's happening to their sons in these public schools. | ||
| Where the number one thing is to program, not to educate. | ||
| To program, not to educate. | ||
| And people are not having it. | ||
| EJ and Tony, I want to go back to the, and they don't want to talk about it. | ||
| CNBC doesn't want to talk about it. | ||
| Axios now has an afternoon edition that I sent you. | ||
| And guess what? | ||
| Guess what? | ||
| They're now focused on it. | ||
| Guess what they're worried about? | ||
| They're worried about, wow, maybe in the old zero interest rate days we could do this, but now Shazam. | ||
| That interest rates are up, and I think there's a guy named E.J. | ||
| Antoni that warned us about this. | ||
| Once interest rates are up, this $2 trillion deficit, gosh, I'm not so sure it's financeable. | ||
| Oh, and we got another one next year, and we got another one next year, and we got another one next year. | ||
| Yeah, it's called imperpetuity. | ||
| They talk about sustainability on the carbon model and they gotta have sustainable food and sustainable ecology and environment. | ||
| How about just the basics? | ||
| How about just a sustainable financial model? | ||
| This is not astrophysics. | ||
| This is one of the things we've tried to share with you in this audience. | ||
| This is why I did the end of the Dollar Empire. | ||
| This is why we have people like EJ on here and Brett and Navarro and so many people. | ||
| Jason Trennert. | ||
| We're going to have some specialists on again tomorrow. | ||
| We try to get people out there because they don't want working class and middle class people to understand how the system works. | ||
| Because once you understand the system works, you go, hey, yo, I don't have a system like that. | ||
| I've got to kind of husband my resources. | ||
| Right now, we are on a path that, unless it's radically changed, when you tuck your children in tonight, understand you're tucking in debt slaves, because they're going to be slaves to a massive debt. | ||
| Our elites understand what's happening and are profiting off it, and that's why they want it to continue. | ||
| And let me say one thing about Social Security and Medicare. | ||
| Yes, those definitely should be looked at some point in time. | ||
| But first things first. | ||
| Don't, but Mike Pence, don't set that up. | ||
| And Chris Chrissie, don't tell me about reform and entitlement reform. | ||
| Cut the budget first. | ||
| Let me see what you need to do immediately. | ||
| Show me you got the guts to restructure this federal government. | ||
| Show me the guts you've got to go in and gut it. | ||
| Take down the administrative state and start defunding some of this madness. | ||
| And Chris Chrissie over there with your flowers, you're walking around like a big shot, writing poems to Zelensky, writing new lyrics for a Van Halen song. | ||
| You chump. | ||
| And you have no earthly idea how they're spinning you in Ukraine. | ||
| You're sitting there supporting Ukraine. | ||
| We're broke. | ||
| We're broke. | ||
| We don't have money for them. | ||
| Go to the Swiss Alps. | ||
| Go to Stade. | ||
| Let's go to the south of France. | ||
| Let's go to Tuscany. | ||
| Let's go up to the beautiful place of Europe. | ||
| You ever go to Europe in the summer? | ||
| Magnificent. | ||
| Magnificent. | ||
| Let's go up to Scandinavia. | ||
| Norway's sitting on a 1.5 trillion dollar, 1.5 trillion dollar for a nation of five million. | ||
| And I love me some Norwegians, but you're sitting on a 1.5 trillion dollar sovereign wealth fund. | ||
| Let's go up there. | ||
| Give me the sovereign wealth fund. | ||
| Just kick some money into the kitty. | ||
| You pay for it. | ||
| We've done it in World War I. We did it in World War II. | ||
| We did it in the Cold War. | ||
| We bailed you out once, twice, three. | ||
| Hey, from actually our families getting kicked out of there back in the 19th and 20th century or the... Fine, three times the charm. | ||
| You got enough. | ||
| You do it yourself this time. | ||
| We're broke. | ||
| We don't have the money. | ||
| And here they're going to sit there and just spin you and look you in the eye. | ||
| Don't touch the entitlements till you showed the first thing is you control the budget. | ||
| You got the ability to do that. | ||
| Show me the stones to shut down education. | ||
| It's just a propaganda department destroying the American family, destroying our children. | ||
| Show me. | ||
| No more talk, no more no. | ||
| Kevin McCarthy, no. | ||
| I'm not going to wait until next year until we talk about the long term. | ||
| No, we're going to do it today. | ||
| The clock's ticking, brother. | ||
| You lied to everybody. | ||
| You lied, bald-faced lie, and then Massey and these guys go, we're going to take care of the appropriations process, the appropriations process. | ||
| That was a lie. | ||
| You've accomplished nothing. | ||
| Zero. | ||
| And now we know you have a true $30 deficit, which we told you were going to have, and you've got no way to finance it. | ||
| And who says that? | ||
| Not EJ and Tony, not Steve Bannon, but Axios themselves. | ||
| The Mike Allen's inside tip sheet for the insiders. | ||
| EJ, Your thoughts, sir, on what we found out over the last 24 to 48 hours about the financial situation of our beloved republic, sir? | ||
| Well, Steve, you and I and this audience didn't find out anything we didn't already know. | ||
| It's just the elites in power, the people who are allegedly in charge, who found out something that they apparently didn't know, even though so many of us were telling them this is what was going to happen. | ||
| And I mean, it really speaks, I think, to the character of the people in charge. | ||
| The fact that the writing was on the wall, the math was plain as could be, and that it took a willful ignorance to not see this coming. | ||
| The Axios, now that, it's well for ignorance, but now that they finally got the chart and they're saying, oh my God, how do we finance this? | ||
| EJ, just give the people at home, I just want everybody to get up to speed on what the reality, and this reality is the kind of thing that can't go away, and you also can't, it's, you can't put the genie back in the bottle here. | ||
| Right? | ||
|
unidentified
|
It's out. | |
| And now it's going to accelerate at an accelerating rate. | ||
| What did Axios say today about they just came to the fact of getting their number two pencils out and realize this thing does not pencil out. | ||
| That all of a sudden, service on the debt is going to overwhelm even the bloated defense budget, sir. | ||
|
unidentified
|
Right. | |
| I mean, Steve, we are already at the point where if you look at the monthly statement from the Fiscal Service, which basically tells us everything that's going in and out of the Treasury, you see that the line items on, excuse me, the line items of the budget, the third biggest right now is interest on the debt. | ||
| The only two that are bigger are the Department of Health and Human Services and the Social Security Administration. | ||
| So when you look at something like the defense budget, which is broken up into multiple line items, you're absolutely right that in the coming months we are going to see interest on the debt surpass all of those line items put together and then continue to grow larger from there. | ||
| We don't actually pay off the debt. This is something that I think is really important for the audience to understand. When America has debt that comes due, we simply issue new debt to cover it. The problem today is that the new debt is always being issued at whatever the current interest rate is. And today that's substantially higher than it was just a few years ago. So all of that short-term debt that Janet Yellen took out over the last couple of years is coming due again, except now it's going to get | ||
| issued at much higher rates. | ||
| And that's driving both the deficit and the debt through the roof. | ||
| EJ, we've got about 90 seconds. | ||
| I want to hold you through. | ||
| And Joe Allen's going to join us, a bunch of people. | ||
| We're going to be rolling into the 6 o'clock show. | ||
| When the house gets back, it has 11 days. | ||
| What would you propose would be a couple of items on having an adult conversation about what to do between now and September 30, when the clock strikes midnight and Cinderella has got to go home? | ||
| Well, if we're going to have an adult conversation in Congress, I think a prerequisite for that is half of Congress resigning because they're just not adults, quite frankly. | ||
| But we have to deal with what we have, I suppose. | ||
| And in that case, I think the conservatives in Congress need to put forth a plan that shows reasonable cuts immediately. | ||
| Not in the future, not simply another CR that kicks the can down the road. | ||
| We need to begin the process today. | ||
| And if we don't, that is just another sign that we have no fiscal discipline anymore, not just in this Congress, but frankly, in the government at large. | ||
| Hang on for one second, EJ. | ||
| I'm going to hold you through. | ||
| And I want everybody, I'm very serious about going to Birchgold. | ||
| We've got another installment that I'm working on right now with the team. | ||
| We haven't gotten the charts quite ready, but it'll be out hopefully on September 15th. | ||
| But go to Birchgold today. | ||
| Get The End of the Dollar Empire. | ||
| It's got one of the chapters of that is The Debt Trap. | ||
| Get up to speed on that. | ||
| Understand where this is putting your country, your community, your family, and your children and grandchildren. | ||
| They will curse us if we don't take action. | ||
| E.J. | ||
| and Tony's absolutely correct. | ||
| The time to have the adult conversation is right now. | ||
| Go to birchgold.com slash Bannon. | ||
| and we're gonna be back in a moment he j help me out here I want to make sure, folks, and this is one of the reasons they hate the show so much, because we spend so much time showing people the way the system works. | ||
| The Federal Reserve, they're kind of like Alchemist. | ||
| You know, if you look at it, it looks like something that was built by Albert Speer. | ||
| Looks like something from the Reichstag. | ||
| Right? | ||
| And they call it the Temple. | ||
| The great book on it, I think by Greider, was called The Temple. | ||
| But it's like alchemy. | ||
| They conjure up this money. | ||
| They just print it. | ||
| They conjure up this money. | ||
| It just comes out of nowhere. | ||
| That's what being the prime reserve currency is. | ||
| You just do it because the rest of the world's got a trade in it. | ||
| But if you don't take care of your fiscal house and monetary policy, It comes back to haunt you, does it not, sir? | ||
| A hundred percent, and that's exactly what we've seen in the last couple of years. | ||
| People are losing faith in the dollar, both at home and abroad, and that's causing people to abandon it, as you have highlighted so many times, Steve, with the BRICS nations and others who are trying to move away from the dollar and to other currencies or even just commodities, almost like a barter system. | ||
| And this is where we have to understand that all of these policies have consequences, and they are frankly all negative. | ||
| You know, whenever the government spends a dollar, we have to look at that as the tax. | ||
| It's not simply government taxation. | ||
| That's the explicit tax. | ||
| But every dollar that the government spends has to be taken from you, either implicitly through inflation or explicitly through a tax. | ||
| And just to give the audience a perspective, Of how high the implicit taxation of inflation has gotten today. | ||
| Last month, the average American worker was paying more on his hourly wages in inflation than he was in federal income taxes. | ||
| So under Joe Biden, we have seen the effective, if you want to call it this, the effective federal income tax rate essentially double on the American worker. | ||
| And why is that? | ||
| It's because we have trillions of dollars after trillions of dollars of blowout spending bills. | ||
| E.J., I just want to make sure I hear you correctly. | ||
| You are saying now, for the good of the nation, that we have to have a confrontation now about this spending. | ||
| That those sensible, common-sense Republicans have to just say, no more. | ||
| This can't happen. | ||
| We have to have meaningful cuts now. | ||
| No more happy talk about we're going to get into appropriations. | ||
| We'll get them next time. | ||
| This thing is clearly spun out of control. | ||
| They lied about it from the beginning. | ||
| Now we see what the numbers are. | ||
| You are of the position we have to take a hard line because here's what the donors say in the background. | ||
| No, no, no, no, no, no. | ||
| The economy is about to collapse. | ||
| And if you do this, you're going to get blamed. | ||
| If you force Biden to shut down his regime, the hardliners are going to get blamed for it. | ||
| Does that hold any water to you, sir? | ||
| No, because the first time we had the Federal Reserve, and really the federal government at large used that playbook, was 1929, the start of the Great Depression. | ||
| And instead of allowing bad investments, for example, to be liquidated, in other words, to be sold off to satisfy creditors, instead the government, especially the Federal Reserve, kept stepping in to backstop everything and to bail out bad actors. | ||
| And that made it impossible to reallocate resources from bad to good investments. | ||
| And that was a key element to kick-starting the Great Depression. | ||
| It wasn't the only thing, but it was a key. | ||
| Without that, you would not have had that horrific decade and a half of lost economic growth. | ||
| And frankly, we are doing something very, very similar, if not the same thing. | ||
| Today, look at what we just did in March with the bank crisis, for example. | ||
| We bailed out bad actors yet again. | ||
| Same thing we did in 2008. | ||
| We've never really recovered from 2008. | ||
| The closest was during President Trump's administration. | ||
| EJ, where do people get to you, particularly on social media? | ||
| You're putting up stuff all the time. | ||
| That's very important, particularly in the next couple weeks where there's going to be a firefight over this. | ||
| Best place to find me is going to be on Twitter, at Real EJ Antoni. | ||
| EJ, thank you so much, brother. | ||
| I appreciate it. | ||
| I think it's time now to go to My Patriot Supply. | ||
| Go to My Patriot Supply if you've never thought... First off, you just get ahead of the inflation curve here by buying their long-term products. | ||
| But more importantly, get one of the consultants on the phone. | ||
| What we try to do here is immerse you in information, get them on the phone, and say, hey, I've never really thought about this preparedness. | ||
| I've never really thought about this self-reliance movement. | ||
| It's not really my thing. | ||
| But I kind of see the way that the elites are running this country. | ||
| And, you know, can you give me some advice? | ||
| Just do it today. | ||
| Go to MyPatriotSupply. | ||
| They've got the great team over there, Joe Reek and the guys, the men and women that run it. | ||
| They've got great consultants. | ||
| Just go on their site, check in, just check it all out. | ||
| Just go to MyPatriotSupply. | ||
| Because you're being lied to. | ||
| You're being lied to by on such a fundamental basic level. | ||
| Now they're talking about, you know, Jill Biden, Dr. Jill Biden's got COVID. | ||
| They're talking about the mask mandates. | ||
| They eviscerated Fauci the other day. | ||
| This is all coming back on the 15th. | ||
| Surprise, surprise. | ||
| Who would have ever thought it? | ||
| They're going to drop in a couple of new vaccines. | ||
| They're going to get into this. | ||
| You're going to see the big push. | ||
| You already had governors come out, say over my dead body, we're not going down this path again. | ||
| But they're going to play everything that Dr. Eric Weinstein, the great mathematician from Harvard, was talking about, these creeps that crawl inside of our institutions. | ||
| They're going to all come back with it. | ||
| They're all going to be up on your grill on this. | ||
| In the most fundamental way, they looked you in the eye and they lied to you about where we were financially in the country. | ||
| And here's the thing. | ||
| The business press, CNBC, Bloomberg, the Financial Times of London, the Wall Street Journal, the business section of the New York Times, and the Washington Post. | ||
| All of it. | ||
| They played along with Biden. | ||
| He was making huge cuts on deficit. | ||
| Every time he comes up with this nonsense, coming out of the pandemic, he's making huge cuts. | ||
| All the lies he gave you, it's all a lie. | ||
| The fiscal year deficit, which we told you about when they made the deal, is going to be $2 trillion or north. | ||
| And now, with the interest rates where they are, and they're going to have to go higher, they're going to have to go higher, it's exploding. | ||
| I saw the day the average on the credit cards is 27%. | ||
| Did I see that? | ||
| The mortgages are at rates I haven't seen in 30 or 40 years. | ||
| Your life is... You're getting a lockdown right now. | ||
| You're getting a financial lockdown. | ||
| Why? | ||
| Because the people in charge are making money and they're burying you. | ||
| They're making it on your nickel. | ||
| And the people that are supposed to represent you lie to you. | ||
| Not the 70 that voted against it. | ||
| Not the 20. | ||
| Not Matt Gaetz and the 6. | ||
| This is why Gaetz has got a plan. | ||
| They're going to be throwing out all kinds of shiny toys. | ||
| Oh, we can't shut down the government. | ||
| We can't allow the regime to shut down because we've got to investigate. | ||
| All lies. | ||
| All shiny toys. | ||
| The time to deal with this is now. | ||
| We cannot kick the can down the road. | ||
| And when I mean cuts, not the happy talk $12 billion. | ||
| And we're going to have Stern and others on here tomorrow to go through the math with you. | ||
| To go through the math with you. | ||
| To treat you like an adult. | ||
| Because that's what we do here in this show. | ||
| We have enough respect for the audience that we're not going to sit there and happy talk you about our financial situation. | ||
| Because it's dire. | ||
| It is dire because the elites in this country are not managed to climb outright destruction of this republic right now. | ||
| Short commercial break. | ||
| We're back for the second hour and it will be loaded. |
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