Sept. 8, 2023 - Bannon's War Room
48:46
Participants
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| Speaker | Time | Text |
|---|---|---|
| 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 on 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? | ||
|
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. Bannon. | ||
| Dean Robinson, Mara brought up a great point about Donald Trump calculating. | ||
| That Joe Biden is going to be too afraid to go after him. | ||
| And it reminds me of something I read at the beginning of the Russian invasion, after Russia invaded Ukraine. | ||
| And I wanted to just sort of get my arms around what was going on. | ||
| I actually read a book by Dr. Brzezinski from 1993, talking about the character of the Soviet Union. | ||
| It was fascinating. | ||
| It reminded me so much of what we were saying about Vladimir Putin. | ||
| The Soviet Union knew they couldn't win by playing the rules the way they usually play. | ||
| So the Soviet Union had to be the great disruptor of world order. | ||
| Because they would never compete with us militarily. | ||
| They would never compete with us economically. | ||
| They would never compete with us politically. | ||
| They would never compete with us socially. | ||
| Dr. Brzezinski said they lost by a landslide on all of those measures, so they had to disrupt. | ||
| They had to be disruptors, just like Putin now. | ||
| He wants to disrupt the world order. | ||
| Well, that's Donald Trump. | ||
| Donald Trump won in 2016 by being the Great Disruptor, while Marco Rubio and all these other people were just staring at him, shocked, not believing what he was able to say. | ||
| He's a disruptor. | ||
| If you play by Marcus of Queensberry rules, if you freeze on the debate stage, he will beat you. | ||
| Biden has to disrupt. | ||
| He can't play by Marcus of Queensberry rules because that's what Trump and the Republicans think he's going to do. | ||
|
unidentified
|
Well, look, it's true. | |
| You have to stand up to the bully and you gotta, you know, you gotta punch him in the nose. | ||
| And no, not by Marcos of Queensbury rules. | ||
| I do think we should remember that, you know, Joe Biden didn't back down from Donald Trump in 2020. | ||
| And in fact, Joe Biden got elected president. | ||
| So, he does know how to do this. | ||
| Now, it's a different situation now. | ||
| He's the incumbent. | ||
| He brings all the advantages and the disadvantages of incumbency. | ||
| And there are disadvantages in terms of what a sitting president is going to say about an ongoing There just is. | ||
| There's a limit there, and you can transgress that, and you can say, well, this is an emergency, and we need to. | ||
| But I think there are ways without doing that to frontally and loudly attack Donald Trump. | ||
| Absolutely. | ||
|
unidentified
|
Take the fight to him. | |
| And yes, that has to be done. | ||
| And yes, it needs to start now. | ||
| It should have started months ago. | ||
| But yeah, you gotta go after him. | ||
| You know, there's so much... You gotta do it. | ||
| There's so much, Jean, to your point, material to work with. | ||
| I mean, it doesn't have to be President Biden, but it can be Democrats in general. | ||
| I mean, okay, nuclear secrets, as Joe brought up, or stealing election, if that's boring for you, if you're desensitized to that, how about, would you really vote for a guy who's stupid enough? | ||
| First of all, to get sued for defamation and sexual abuse, to get found liable on both of those charges, and then be stupid enough to defame E. Jean Carroll again and to keep losing in court to her. | ||
| Maybe take a note from E. Jean Carolin. | ||
| Keep coming back at him and calling him out for his vicious, disgusting behavior on a humanity point of view. | ||
| Well, Amika, also, not just the stupidity, but... So stupid. | ||
| The judge said Donald Trump was a rapist. | ||
| Correct. | ||
| The judge said Donald Trump raped her. | ||
| The judge said that by any definition used by the US Army, used by the American Medical Association, used by any other organization, Donald Trump was a rapist. | ||
| I think people might want to hear that, and they may want to hear that he stole nuclear secrets, and they may want to hear from Joe Biden that he's been charged with stealing secret war plans. | ||
| I mean, these are very relevant to who the next president of the United States should and should not be. | ||
|
unidentified
|
Do voters believe that? | |
| I want to talk about your big interview you've got Sunday on Meet the Press. | ||
| And it actually goes to this issue that you just raised, which is Biden's age being more of a political liability than anything having to do with his son. | ||
| There's a poll just out this week that suggests that it's one thing like so many voters actually actually agree on that they're concerned about the president's age. Here you have Gavin Newsom, California governor, waiting in the wings it seems. You sit down with him and you ask him whether or not he really is planning a presidential run. If Biden doesn't run, let's listen to what he has to say. | ||
| Why shouldn't we consider you a likely candidate? | ||
| I think the vice president is naturally one lined up and the filing deadlines are quickly coming to pass. | ||
| And I think we need to move past this notion that he's not going to run. | ||
| President Biden is going to run and looking forward to getting reelected. | ||
| I think there's been so much wallowing in the last few months and hand-wringing in this respect, but we're gearing up for the campaign. | ||
| We're looking forward to it. | ||
| You hear these calls privately. | ||
| What do you tell these donors who are wallowing in this? | ||
| Time to move on. | ||
| Let's go. | ||
|
unidentified
|
Is there a scenario, given your passion for these issues, where you might ever consider running as an independent, Mr. Kennedy, given the support you're seeing? | |
| Only if the Democratic National Committee just makes it simply impossible. | ||
| for anybody to win the primary battle. | ||
| That's the only real way I would. | ||
| I'm a Democrat. | ||
| I'm a lifelong Democrat. | ||
| My reference is to stay within the Democratic Party as long as it's actually Democratic. | ||
| Hi, I'm Robert F. Kennedy Jr. | ||
| here. | ||
| After four months of crisscrossing the country and speaking to thousands of Americans from all walks of life, I've come to understand that what our campaign really is, is the spearhead of a massive populist awakening. | ||
| You see, our nation's most serious problems come from a single source, the entrenched corporate political elite. | ||
| Government agencies, Congress, the defense industry, Wall Street, the media, big tech, big pharma, big ag, and pretty much big everything have a death grip on our democracy. | ||
| And there's only one thing that can break that grip, and no, it's not me. | ||
| It's you, the people. | ||
| It's a populist movement that unites left and right, black and white, rural and urban, young and old. | ||
| We can't just wait around for the Washington establishment to change their minds. | ||
| We can't expect Wall Street to stop strip mining the middle class of its equity and its wealth. | ||
| We can't expect the military-industrial complex to promote peace or the censorship-big-tech complex to promote freedom or freedom of speech. | ||
| We need to do it ourselves. | ||
| We have to take back power in this country for the people. | ||
| Let me add one more item to the list of entrenched institutions, the Democratic National Committee. | ||
| In an honest primary, the candidate with the most votes would be the nominee, right? | ||
| But the DNC has imposed delicate rules that make it nearly impossible. | ||
| For an insurgent candidate to win, it has totally rigged the system. | ||
|
unidentified
|
Very early on, back in February, we passed a resolution unanimously within the DNC that we are all riding with Biden and Kamala Harris. | |
| But you know what? | ||
| Neither the DNC nor anyone else is going to stop us. | ||
| President Biden's billion-dollar war chest is not a match for people power, ultimately. | ||
| Friday, September 8th, 8th September, Year of the Lord 2023. | ||
| The establishment is totally under siege in every aspect, from President Trump to, in the Democratic side, Bobby Kennedy. | ||
| And they are fighting back. | ||
| You see there, and this is the thing, remember, please remember this. | ||
| It's not Biden's age. | ||
| Or Biden's lack of a grip. | ||
| That's what they're trying to, that's what that is. | ||
| They're desperately trying to, and you see, they push that all the time is, you know, we're very concerned about Biden's age, very concerned about Biden's age. | ||
| It's the illegitimate regime's policies. | ||
| They're not legitimate because they didn't win in 2020. | ||
| They, so they don't have this, this, uh, concept of legitimacy. | ||
| Remember, I've talked to you before about one Xi Shan, the, uh, the right-hand, uh, hatchet man for Xi. | ||
| And one of the things the Chinese Communist Party has been absolutely maniacally focused on is their legitimacy to rule. | ||
| Since that came out of both a barrel of a gun and a massive assist by the United States, the Communists and Marxists in the State Department and FDR's administration and Truman's, that essentially turned the country over to them in 1949. | ||
| They've always been concerned about their legitimacy. | ||
| Did their legitimacy really come from the people or was it given to them or a major assist by foreign interest that foreign interest? | ||
| Being the Marxist left-wing anti-american left in this country The same sources of legitimacy there. | ||
| They're freaked out today You can see their morning Joe coming after and here's here's the message. | ||
| They're trying to send Let's go back to polls Not from Gateway Pundit, not from the People's Pundit Richard Barris, not from any of the Trafalgar, any of the ones that do MAGA polling. | ||
| This is from the Wall Street Journal first, came out over the weekend, and then the Blockbuster CNN poll by Harry Enten. | ||
| Both of those polls show that not only does Donald Trump have a full-spectrum dominance grip on the Republican Party, but that he is going to take on and thrash Joe Biden. | ||
| In fact, there's another poll out last night, I think it's got Trump 45, Biden 38. | ||
| Biden's approvals don't come above 39, don't hit 40. | ||
| So, you see right there, they're absolutely panicking, and they want to attack, they want to attack, they want to attack, they want to attack. | ||
| Do you have the Morning Mika piece? | ||
|
unidentified
|
Does that clip pull that yet, Mr. Producer? | |
| You can give me a thumbs up? | ||
| Yes? | ||
|
unidentified
|
No? | |
| Okay, I'll keep rolling. | ||
| It is? | ||
| Okay. | ||
| I want to go back specifically in the entire cold open, because we tried to lay out a number of blocks to build the show around. | ||
| I want to go back to our favorite, Morning Mika, and see her specific line of attack on Trump. | ||
| Let's go ahead and play it again. | ||
| You know, there's so much, Gene, to your point, material to work with. | ||
| I mean, it doesn't have to be President Biden, but it can be Democrats in general. | ||
| I mean, okay, nuclear secrets, as Joe brought up, or stealing election, if that's boring for you, if you're desensitized to that, how about, would you really vote for a guy who's stupid enough? | ||
| First of all, to get sued for defamation and sexual abuse, to get found liable on both of those charges, and then be stupid enough to defame E. Jean Carroll again and to keep losing in court to her. | ||
| Maybe take a note from E. Jean Carroll and keep coming back at him and calling him out for his vicious, disgusting behavior on a humanity point of view. | ||
| Well, Amika, also, not just the stupidity, but... So stupid. | ||
| Judge, the judge said Donald Trump was a rapist. | ||
| Correct. | ||
| The judge said Donald Trump raped her. | ||
| The judge said that by any definition... Do you think she every morning gets up over the morning coffee and is like, you know, sitting there cross-armed staring at poor Joe? | ||
| You haven't done enough to go after Trump. | ||
| I mean, she's so worked up. | ||
| The Karen of modern media. | ||
| Morning Mika. | ||
| Right there, you know, he's a rapist, he's stealing, if it's too boring about stealing the election, if that's too boring for you, she's lecturing the audience. | ||
| If that's too boring for you, they understand that there's a populist movement. | ||
| From the Koch-sponsored Mike Pence kind of flop sweat talk at St. | ||
| Anselm in New Hampshire the other day to coming after Bobby Kennedy. | ||
| They understand that there is a massive arising, a massive awakening on the populist movement and the corporate media is now locked arms to try to beat this down. | ||
| You're going to see this. | ||
| This is going to be throughout the show. | ||
| We're going to go to a lot of aspects of this. | ||
| We're going to go to Georgia, We're going to Texas. | ||
| We're going to see what's happening in the Bush Rove impeachment of America First MAGA Ken Paxton, Donald Trump. | ||
| That fight there. | ||
| We're going to go to Georgia. | ||
| The fight there. | ||
| It's a multi-front war. | ||
| And we're winning. | ||
| That's what's driving them crazy. | ||
| And now they're... Oh, you got to call Trump a racist every day. | ||
| You got to call him a rapist every day. | ||
| You have to say he sold nuclear secret, secret war plans. | ||
| All of it. | ||
| Okay, we're also going to cover some G20. | ||
|
unidentified
|
Dr. Peter Navarro is going to join us a little later. | |
| Short commercial break. | ||
| Back in a moment. | ||
| Senate colleagues have published a statement and they've recognized to their constituents that we do have a problem. | ||
| Maybe they read in the paper, the AJC or the University of Georgia's poll that recognizes that 83% of Georgians across this state recognize that what is happening right now with District Attorney Fannie Willis is politicization. | ||
| That's what it is. | ||
| The governor has made some statements in his own press conference a week ago that are very disgraceful to the office. | ||
| The most prestigious office in this state, he calls and references me a grifter and a scammer. | ||
| My friends, I represent 200,000 hardworking Georgians in northwest Georgia. | ||
| The people that I represent that duly elected me, they sweat hard for their tax dollars, and they don't want their tax dollars funding this type of corrupt government power. | ||
| I challenge the governor to go to Northwest Georgia, find anyone working hard for their tax dollars, and ask them, do you want your tax money funding District Attorney Fonny Willis? | ||
| You know, it's very disingenuous to say that, well, she only makes $120,000 a year, and that if we pull that away, we would have to pull that away from every district attorney. | ||
| Well, let me be more clear. | ||
| When I say defund Fannie Willis, I mean defund all of her Georgia state tax dollars besides the $1 that we are constitutionally required to give her. | ||
| You see, this governor wants to elaborate that we have a separation of powers. | ||
| Well, we do. | ||
| But any high school kid coming out of government class understands that we also have a thing called checks and balances. | ||
| My role as a senator is to call a special session on behalf of my constituents and any Georgian who feels that their tax dollars shouldn't be going to Fannie Willis. | ||
| Because We as a legislature have no power to do anything until we are in session. | ||
| And that's why we must have session now. | ||
| Because we must investigate Fonny Willis. | ||
| How in the world can my friends that call themselves Democrats and champion themselves in criminal justice reform ignore the fact that half of the inmates at the Fulton County Jail have yet to be charged with a crime and there are innocent people who are dying of bedbugs in that facility? | ||
| How in the world can the citizens of Fulton County demand justice and not get it when they see things like young thug and young slime going to the courtroom for a year and yet to get through Vondor and pick a jury, but yet this district attorney said she's going to take down these political prisoners in six months. | ||
| The millions of dollars that are being spent both federally and through the state of Georgia and through local Fulton County tax dollars are funding this type of corruption. | ||
| And what is so embarrassing, what is so embarrassing is Congress has gotten a head start in investigating and defunding Fannie Willis way further ahead than we are here in the Georgia legislature. | ||
| Very embarrassing. | ||
| You know, what's also embarrassing is that our governor says that we have election integrity, and then a week later is caught on hidden camera saying that any machine can be hacked. | ||
| Furthermore, embarrassing is that my fellow Senate colleagues and their letter to their constituents, they say that a special session is a waste of taxpayer money. | ||
| Well, my constituents believe Fannie Willis is a waste of taxpayer money. | ||
| That was a press conference yesterday, incredibly powerful. | ||
| We could go on and on with that, but let's bring in Senator Colton Moore from the great state of Georgia. | ||
| Sir, you see this is a multi-front war, whether it's in Texas, Georgia, at the national level, in the imperial capital of Washington, D.C. | ||
| Absolutely, Steven. | ||
| In your opening monologue, you said, we're winning. | ||
| And I couldn't agree more. | ||
| We absolutely are winning. | ||
| a united party establishment, particularly working with radical Democrats. | ||
| Is that what we're seeing down in Georgia, sir? | ||
| Is that what you're fighting? | ||
| Absolutely, Steve. | ||
| In your opening monologue, you said we're winning. | ||
| And I couldn't agree more. | ||
| We absolutely are winning. | ||
| We are right over target. | ||
| I want to share with you a couple of stories I had with a couple of senators, just one yesterday. | ||
| Right after that press conference, I was walking out of the Capitol, met up with another senator who was walking in, and he pulled me over to the side and he said, Colton, he said, you're young, and you may not realize this right now, but you are going to regret the decisions you're making right now. | ||
| You're going to look back at this time and you're going to regret those decisions. | ||
| You don't realize how much pressure you've been putting against your fellow senator. | ||
| I'm so disappointed in you is what he said. | ||
| My response back to him, Steve, was, you know, I'm disappointed that you're more upset with me than you are Fonny Willis just two blocks down the way. | ||
| You know, I had another senator just last weekend. | ||
| He called me up and he said, you know, I'm just feeling, I'm feeling mighty disgusted with you, Senator. | ||
| He said I had to cancel two events this week because I continue to get accosted by my constituents. | ||
| Folks, we're winning because you are taking action. | ||
| You are calling up these senators, you are calling up these representatives, and you are demanding that they make a choice whether they choose to stand with Fannie Willis or whether they choose to stand with the rule of law and protect the God-given First Amendment rights that we all hold near. | ||
| You brought up something that you said embarrassed you, and that was the fact that at the federal level, the Congress is much farther down the road about defunding this, and you've seen the volleys go back. | ||
| Fannie Willis sent, I think, a nine-page letter in response to Jordan. | ||
| She's in a complete meltdown about that. | ||
| Tell me what's going on in that regard, and what do you believe you should be doing then in Georgia to match what Jordan and the Judiciary Committee is doing in the House? | ||
| No, we've got every constitutional authority, Steve, to do the exact same thing that Congress is doing. | ||
| My problem is I'm having a fight with my fellow Republicans in order to get ourselves into session and start doing those things. | ||
| I mean, I had a conversation with Representative Andy Biggs, I guess two nights ago, and I could do nothing but encourage him. | ||
| I was so grateful for him and Representative Jim Jordan's efforts there in Congress, and I hope they just keep beating down on her because This woman is the domestic threat of our century here in our state, and we can't stand for it. | ||
| We have to push back, Steve. | ||
| If we lose our First Amendment rights to question the integrity of an election, if we continue to chill the voices of my fellow senators, like I told you before, I mean, I literally have my fellow colleagues in the Senate who have called me up and said, please keep me out of this. | ||
| I don't want to make a statement either way because I'm worried I'm going to be caught in the judicial crosshairs. | ||
| That's absurd. | ||
| There's an article on NBC News about Kemp raising a ton of money in his PAC. | ||
| Is his failure to take action here to call special session, is that because of the animosity against Trump, or he thinks he's going to be a viable alternative to President Trump? | ||
| Is this just pure power politics by the Bush apparatus against Trump, or is there something even deeper here? | ||
| You know, one could be politically savvy and probably say that, but in my personal opinion, I look at Governor Brian Kemp as just an old country boy who's making a knee-jerk reaction to all of this. | ||
| And personally, I think he just doesn't like Donald Trump. | ||
| And he's like, ah, well, they're going after him. | ||
| Let them go after him. | ||
| I don't like him. | ||
| You know, I don't think he's very constitutionally aware. | ||
| It doesn't seem so, because he says Fonny Willis has done nothing wrong. | ||
| I mean, he's going back and forth in his statements. | ||
| First part of the week, our elections are secure. | ||
| Second part of the week, any machine can be hacked. | ||
| So I don't know if Governor Kemp, I don't really give him that much confidence of being that politically calculated. | ||
| If he thinks he's going to run for further office here in Georgia, well, he's burnt toast. | ||
| I mean, look at the polls. | ||
| You don't have to dive very deep. | ||
| Bush is polling 50% plus here in the primaries in Georgia. | ||
| I mean, this governor thinks he's going to pick up those votes when he's going to try to make Donald Trump a political prisoner? | ||
| Nonsense. | ||
| What does this audience have to do? | ||
| We understand there's overwhelming support for your position among the people in Georgia. | ||
| The political class obviously want to run and hide from this. | ||
| What does this audience need to do today and over the weekend to keep the heat on? | ||
| Well, I tell you what, my campaign is continuing to put the heat on by sending out text messages to these senators' districts who are sitting on the sidelines but claiming to be conservatives. | ||
| You know, I need to reload. | ||
| I need more ammo to keep exposing these rhinos, Steve. | ||
| So you can go to Colton. | ||
| Senator Colton Moore, thank you. | ||
| You can sign on to the official petition there, that's COLTONMORE.com. | ||
| If you live in Georgia, hey, we are right over target. | ||
| Keep calling up these senators and representatives and say, call a special session. | ||
| We need to defund Fonnie Willis. | ||
| Remind them you don't want your tax dollars funding her. | ||
| Appreciate you. | ||
| This is a multi-front war, and the Georgia front's very important. | ||
| We're going to have Mike Davis, if not on later today, then on the Saturday show, to break down all the legal arguments for you to understand it. | ||
| Jim Jordan and the team at Judiciary is all over Fannie Willis, and she sent a scathing nine-page response of how its intrusion into her Her going after President Trump. | ||
| I mean, this is obviously political. | ||
| For everybody, go check out Colton Moore's site. | ||
| If you're a Georgia citizen, make sure you contact your senator. | ||
| Put them on notice. | ||
| This is not going to be forgotten. | ||
| That's what these senators are trying to do. | ||
| They're trying to run away from this. | ||
| You cannot run away from this. | ||
| This has to be addressed. | ||
| It has to be addressed now. | ||
| This is what we're going to get later in the show in the second hour. | ||
| We're going to go to Texas and see about the impeachment of Ken Paxson. | ||
| Another front on the war of the Bush apparatus that still wants to control the Republican Party and quite frankly thwart the populist movement, the America First, the deplorables, Donald Trump. | ||
| This is all out war right now. | ||
| A civil war inside the Republican Party and we're winning and they know it. | ||
| So make sure you go check out Colton Moore if you're a citizen of the great state of Georgia. | ||
| Let your voice be heard, particularly among people in the Senate, as they can call special session and get on top of this. | ||
| Okay, short break. | ||
| We're gonna go to the G20. | ||
| Peter Navarro. | ||
| Haven't had him on the last couple days. | ||
| He's been tied up. | ||
| But Navarro's back and unchained. | ||
| Be here in the War Room. | ||
| We're gonna talk about the economy, capital markets, geopolitics. | ||
| Tee up what's happening in this firestorm about the out-of-control spending, the fiscal and monetary crisis of the United States of America, brought on by, guess what? | ||
| Uniparty in the oligarchs on Wall Street. | ||
| All next. | ||
|
unidentified
|
Here's your host, Stephen K. Back. | |
| OK, back from giving, and I can only say that his press conferences Both going in and coming out of a certain federal building somewhere near Pennsylvania Avenue in Washington, D.C. | ||
| have been mesmerizing. | ||
| Peter, Dr. Navarro, I don't want to spend too much time on it because we've got geopolitics, capital markets, your wheelhouse, but no, Dr. Navarro, but I must say, I don't know what I find more entertaining. | ||
| Your gripping analysis? | ||
| No, seriously, because you're on point. | ||
| You're well trained by the War Room. | ||
| You're sitting there at the sticks, and people have to understand it's very hard. | ||
| You come out, there's always chaos, but you're focused. | ||
| You get a wall of media in front of you, which people don't see. | ||
| There's hundreds of reporters, cameras. | ||
| The thing's amazing. | ||
| But what's most amazing about yours Is the absolute, because you have more followers, you have, you have pro-Trump or pro-Navarro, and they're getting it on in the background. | ||
|
unidentified
|
It is, the background itself is a whole different show. | |
| I mean, we could, we could make a reality TV out of that, or WWE, as they're hitting each other with signs, they've got whistles in each other's ears. | ||
| But welcome back, doctor. | ||
| You're unshackled today, so we're glad to have you back on the show, sir. | ||
| You have a fine sense of humor, Steve. | ||
| You said in the last segment, yeah, Navarro was tied up this week. | ||
| And you know, when I wasn't in the courtroom, they did do that, you know? | ||
| That was the first time with the handcuffs and leg irons. | ||
| That building is like, if you kind of go past that federal building, just understand there's a dungeon underneath there where they put you in leg irons and where they took John Hinckley. | ||
| But anyway, let's... | ||
| Oh, I have been there. | ||
| I can't relate. | ||
| Anyway, but that's for the memoir. | ||
| That's going to be for the memoir. | ||
| That's for the memoir. | ||
| Let's talk about some things that can help the posse. | ||
| And here's the thing. | ||
| The story that just popped out at me. | ||
| There's two stories in Bloomberg. | ||
| One is about how the U.S. | ||
| is now concerned about the latest Huawei phone, which is going to have like a super chip in it that's going to be able to track you everywhere, right? | ||
| And that's going out all over the world, right? | ||
| Whatever. | ||
| And then at the same time, and this is like shouting Freud's a bitch there, Tim Cook. | ||
| It's like Apple is now under threat in communist China because the government is banning the use of iPhones now by all the government employees, and it's sparking kind of a wave of what? | ||
| Nationalism? | ||
| To buy Huawei instead of iPhones. | ||
| So, what I always said about American companies that were stupid enough to go over there to China, are you listening Elon Musk with your friggin Tesla factory that shouldn't be there? | ||
| What the Chinese do is they lure you in, they grab your technology, And then when it's time to kick you out, they do it using the powers of government. | ||
| So, iPhone, you're going to get crushed by Huawei in China. | ||
| That stock is probably going to be worth about half of what it is in a year or two. | ||
| Go ahead. | ||
| Look, your policies... I want to go back to this thing in the opening segment about Biden's age. | ||
| It's principally Biden's policies, and that's what they don't want to talk about. | ||
| They want to say it's his age, it's his dementia, whatever you want to call it, right? | ||
| It's his policies. | ||
| Peter, from the campaign in 16, and then when you first got to the White House, the policies of Donald Trump Yes. | ||
| to essentially confront the Chinese Communist Party. | ||
| But remember, Trump, who is a dealmaker, is also a rational thinker in that, hey, we may have to end up decoupling from this. | ||
| In fact, you know, you and I argue this strongly, President Trump has a broader view. | ||
| By the way, in his second term we will decouple, but this is why you're seeing all this. | ||
| Kelly Evans over at CNBC has a huge piece I put up on Getter that now the number one concern of CEOs in America is, is China uninvestable? | ||
| That is the argument that Navarre and Bannon have been making for years because the slave labor of Lao-Beijing, you cannot continue to have a society run by a criminal cartel, right, and make that investable. | ||
| It's just not. | ||
| It doesn't have the civic society underneath that. | ||
| But let me refine that a little bit, Stevie. | ||
| Yeah, go ahead. | ||
| Hang on, just let me make this point. | ||
| The number one worry of these corporations who are already there is not whether it's investable, it's whether or not they can get their friggin' investment out before the Chinese take it and their technologies. | ||
| I mean, in boardrooms around the world, not just the United States, there's a lot of things puckering there in the seats. | ||
| I mean, look, that's going to happen, and that's the Chinese strategy, so they are uninvestable for any new investment, but boy, I'll tell you, Elon Musk has made the most catastrophic decision In the history of chief executive officers, by throwing his entire bet over in Shanghai. | ||
| He didn't mean to do that. | ||
| He just said, well, we're going to do this big thing in Texas, everything like that. | ||
| That was his rhetoric, and then he got greedy. | ||
| I respectfully disagree. | ||
| All right, all right, that was his plan. | ||
| But either way, the outcome's the same. | ||
| He's over there, Steve, and he's going to get his clock cleaned. | ||
| They're going to have a Chinese word for Tesla. | ||
| They're going to own that thing. | ||
| Okay. | ||
| Let Wall Street school the professor over at the Arts and Crafts College at Harvard. | ||
| The reason he went is he had to go. | ||
| The company's unfinanceable unless the Chinese Communist Party is putting that kind of money in, right? | ||
| It's an unfinanceable company. | ||
| It doesn't really have a business model. | ||
| It's not a business model. | ||
| They're rational capital. | ||
| Okay, thank you, sir. | ||
| By the way, when I say uninvestable... Let me put it this way. | ||
| He lied to us, Steve. | ||
| Because when I was in the Trump administration, Elon Musk looked us in the eye and said, even if I go over to China, I'm never going to export cars back into America. | ||
| You don't have to worry about that. | ||
| Of course he lied to us. | ||
| Are you freaking kidding me? | ||
| Elon Musk would come to the White House every third day looking for a handout. | ||
| He said, hey guys, Hey, Elon, just go back to Silicon Valley. | ||
| There's plenty of cash there. | ||
| It's just going to be lower returns for you, and your buddies are going to own less of the company. | ||
| But the U.S. | ||
| taxpayer is not going to have any upside here. | ||
| It's not going to underwrite you. | ||
| The guy's a complete con. | ||
| That's why he got in business with CCP. | ||
| Let me go, though. | ||
| Why is she Not at G20. | ||
| This is Modi's coming out party. | ||
| India's on a roll. | ||
| Of course, Biden's go over there to sell Bidenomics. | ||
| She is in hiding. | ||
| Why is that, Dr. Navarro? | ||
| Finally, have you been able to put the knife in him and he's ashamed to show himself on the world stage? | ||
| Well, there's the Russia angle, there's the Biden angle, there's the angle where China is now asserting itself as the G1 and it doesn't need any other countries. | ||
| And there's also the BRICS angle where, that in his mind, it was a great coup d'etat to get, what was it, Cambodia and the Emirates into the BRICS. | ||
| So he's feeling like he's establishing this separate empire Out there, and institutions now like the G20, I think he can show his disrespect as a way of asserting his superiority. | ||
| That's kind of my initial take on this. | ||
| Hold on, hang on, hang on. | ||
| You believe that his pulling together the bricks In the global south, at least in the initial stages, to start the concept. | ||
| Obviously, the yuan, as you and I have talked about, not stable enough to become the leading part of the basic currency, but at least he started the de-dollarization movement. | ||
| This is with India and the UAE crossing trades. | ||
| You believe he's looking at the BRICS now. | ||
| He says, hey, I don't need your G20. | ||
| I don't need your G20. | ||
| I've got my BRICS. | ||
| You believe that's what he's sending that signal? | ||
| Yeah, I think I think he he in his own mind wrong or right and I think he's like wrong on this one is I think he thinks he had a threshold effect in terms of you have to remember that that in terms of population not not size of the economy in the world but in terms of population the BRICS countries overwhelm everybody else. | ||
| I mean you just India And China alone, I think, are what, two-fifths of the world's population? | ||
| Just right there. | ||
| So, I think he's feeling... Power corrupts absolutely, right? | ||
| And he sees power, he's killing rivals, people are dying left and right. | ||
| He takes like patriots like Miles Guo and he's able to have the Biden Justice Department put that guy in jail. | ||
| I mean, he's feeling pretty powerful. | ||
| Free Miles Guo, by the way. | ||
| And yeah, I mean, he's going to thumb his nose in the face of everybody. | ||
| But yeah, he doesn't want to go over there and get lobbied on Russia either. | ||
| So that's a huge problem. | ||
| He's feeling geopolitically and militarily powerful, but his economy, the property market's collapsing. | ||
| You've got every, at every indice, you know, the exports just were off, what, 8.8% for August. | ||
| On every indice, the economy is in some form of meltdown and he can't fake it anymore. | ||
| Yeah. | ||
| I don't think he gets that. | ||
| Trump's policies are decoupling. | ||
| If I had a dollar or a yuan for every friggin' politician, powerful politician, who didn't understand the economy crumbling over there, you know how many dollars I'd have right now? | ||
| Two, at least. | ||
| Joe Biden and Xi Jinping. | ||
| I mean, look at Joe Biden. | ||
| He thinks everything's cool. | ||
| I mean, look. | ||
| This is the picture behind me today, Steve. | ||
| That's the 1970s. | ||
| Everything we're seeing right now It's a mirror image of what happened in the 1970s. | ||
| We started out with exogenous price shocks, now we're going up the wage price spiral. | ||
| Biden, just like back in the day where Ford and Nixon tried to offset that with stimulus, and everything collapsed. | ||
| And so yeah, I mean, Biden, Xi, between the two of them, I don't think Xi Jinping goes outside the Forbidden City into the Lao-Beijing areas. | ||
| Hell no. | ||
| When's the last time he visited the sweatshop? | ||
| You kidding me? | ||
| He doesn't even know what a sweatshop is. | ||
| And by the way, when's the last time he went to Xinjiang province and looked at the Uyghurs there putting out things for Walmart? | ||
| He doesn't care. | ||
| No. | ||
|
unidentified
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So, he's filling his own seat. | |
| He's coming at Taiwan, too. | ||
| Make no mistake about that, my friend. | ||
| The Secretary of Commerce was over there trying to unwind all of your policies you advised President Trump on, to bail out the Chinese Communist Party. | ||
|
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Wilbur Ross is looking pretty good right now. | |
| Brother Wilbur's looking pretty good right now. | ||
| They'll even be a bigger decoupling. | ||
| He was the Secretary of Commerce under Trump. | ||
|
unidentified
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Yes. | |
| Go ahead, Steve. | ||
| I'm talking about the current Secretary of Commerce. | ||
| He's over there right now trying to bail out China. | ||
| I know! | ||
| What I'm saying is the appeasement Secretary of Commerce now makes Wilbur Ross look like a rock star, right? | ||
| Because Wilbur was pretty tough. | ||
| Why do they want to keep... You've said it better than I have, Steve. | ||
| It's like Tiananmen Square. | ||
| What was that about? | ||
| Ultimately, historically, that was about George H.W. | ||
| Bush and Kissinger bailing out A communist regime and setting it up to get into the World Trade Organization and destroy much of our factory base here in the United States. | ||
| At the end of the day, now, what, are we going to do that again? | ||
|
unidentified
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Why? | |
| Why? | ||
| Well, it's because we're worried that a struggling Chinese economy won't buy enough of our exports? | ||
| Hey, guess what? | ||
| We import a lot more than they export. | ||
| It's like, it's like, you know, the old thing, you know, lose on price, make it up on volume. | ||
| It doesn't work. | ||
| I think they taught you that at HBS the first day. | ||
| Can you hang on, because I want to talk about President Trump's second term. | ||
| Do you believe he will drive even harder decoupling? | ||
| Because this is the big controversy now. | ||
| You got Biden trying to bail him out. | ||
| Wall Street wants a bailout. | ||
| Fink wants a bailout. | ||
| They all want to be bailed out of China. | ||
| And as the property market continues to deteriorate, they're going to want bigger and bigger bailouts. | ||
| The bet is, we know what Biden does because Biden took money from him. | ||
| This is why he's bailing them out. | ||
| The question is, in Trump's second term, We're Peter Navarro. | ||
| Is Peter Navarro going to be Secretary of Treasury? | ||
| Will he be head of the Fed? | ||
| Will he be head of the National Economic Council? | ||
| We'll get all those questions answered after a short commercial break. | ||
| brother Myles Guo takes us out here with Take Down the CCP. | ||
| Here's your host Stephen K. Bamm. Okay in deference and in honor of the Rumble live chat who actually thinks that I'm interrupting speaking over Dr. Navarro when that couldn't be farther from the truth. | ||
| Dr. Navarro is going to be allowed to speak uninterrupted. | ||
| Dr. Navarro, thanks for sticking around. | ||
| I know you've got to bounce. | ||
| Decoupling Trump's second term is happening. | ||
|
unidentified
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I was getting like a bad case of banning interrupters. | |
| Thanks to the Rumble guys for bailing me out. | ||
|
unidentified
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First of all, hang on one second, hang on one second, hang on one second. | |
| Were you actually on trial? | ||
| Hold it, stop. | ||
| Were you actually on trial the last couple of days or was it me? | ||
| The whole time, the prosecution, nothing but banning, banning, banning. | ||
| I'm sitting there thinking, I thought Navarro's on trial. | ||
| Yeah. | ||
| Were they going back and playing Greatest Hits? | ||
| They gave the same opener that they gave for you, but more importantly, the best moment for me of the trial was when These clown prosecutors started talking about J6 and my attorney objects and goes, wait a minute, he's not on trial for that. | ||
| These people are giving the same opening statement as they gave for the Oat Keepers and the Proud Boys. | ||
| I mean, it's like, what the hell? | ||
| Okay, so This is a comedy. | ||
| It was a surreal comedy at some level, but your name was taken in vain, Steve, more than once under the assumption that you're the most beloved person in Magaland, and that comes with a cost in the District of Columbia, if you get my drift. | ||
| Not in District Columbia. | ||
| Okay, decoupling. | ||
| Second term, you're going to be a big part of this. | ||
| You're a huge part of the first term. | ||
| You're President Trump's wingman on all things CCP and trade and jobs and manufacturing in the United States. | ||
| Decoupling in the second term. | ||
| Give me two minutes. | ||
| Every Friday on Substack, you put out a great economic analysis. | ||
| How does that play into Trump's second term and the decoupling from the Chinese Communist Party, brother? | ||
| Well, what decoupling means is that we wean ourselves from the products and supply chains of communist China. | ||
| A daunting task after decades after the WTO. | ||
| I mean, they got us in a lot of ways, in ways that we need to kind of get away from. | ||
| The way Donald Trump wanted to do it was slowly basically raising tariffs up and including tariffs across. | ||
| Donald Trump is a tariff man running on a tariff platform. | ||
| But the mission is And it's consistent with MAGA, consistent with Steve Bannon and populist economic nationalism, is to have secure supply chains and manufacturing here, not just for national security, but for economic security. | ||
| So I welcome this being an important campaign issue for everybody who aspires to that office, because it's a critical question. | ||
| If we don't decouple from the Chinese economy, What we're going to do as consumers is arm the Chinese with the missiles, nuclear weapons, ships, planes, lasers, AI weapons, everything they need to destroy us and our fleets over in the South China Sea and the East China Sea. | ||
| And that, I mean, the statistic that always amazes me on this, Steve, is that our trade deficit with China, Communist China is roughly equivalent to their defense budget, or as I like to call it, their offense budget. | ||
| I mean, think about that, Steve. | ||
| Next time you go to Walmart, you go into Target, I don't know where you go, but wherever you shop, Posse, next time you go in there and buy something made in China, you're buying another fighter jet or a plane or paying the salary. | ||
| Of a sniper or a ballistic missile guy that wants to kill Americans, okay? | ||
|
unidentified
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Peter, where do we go to Substack? | |
| Yeah, PeterNavarro.Substack.com. | ||
| PeterNavarro.Substack.com. | ||
| As you know, Steve, on Friday, Saturday, I put out the Market and Economy Wrap. | ||
| For the last four weeks, I've noted how we're getting back into this stagflationary world. | ||
| I'm pointing there for the podcasters to the picture of the 1970s. | ||
| And things increasingly get bleak. | ||
| The forces, the last thing I'll leave you here, Steve, the two competing forces here now that we saw likewise in the 70s is this over-stimulative Keynesian stimulus from the reckless spending of Joe Biden facilitated by Kevin McCarthy, okay? | ||
| That's infused into the economy, trying to prop it up. | ||
| But increasingly, that's not working. | ||
| Because the stagflation, the inflationary forces, the wage price spiral, the crushing weight of the interest rates are basically offsetting that. | ||
| And then it goes up like this in a spiral, and the whole thing crashes down. | ||
| And it's a long period of time. | ||
| That's why we need Donald John Trump. | ||
| Everybody. | ||
| The fundamental underlying problem, and that's about one of a hundred reasons I give you why we need Donald John Trump back in the White House. | ||
| He's coming back, and he's coming back with Peter Navarro. | ||
| Dr. Navarro, thank you. | ||
| You've got work to do today. | ||
| Thank you for joining us. | ||
| PeterNavarro.substack.com, your place for everything economy in China. | ||
| All right, my brother. | ||
| Always good to see you, Admiral. | ||
| I hope I don't get tied up next week. | ||
| You never know, though. | ||
| Thank you, sir. | ||
| Okay, Team Rumble, are we square? | ||
| That lame talking off? | ||
| Are you guys happy? | ||
| I want you to be happy. | ||
| I want everybody to be happy in the live chats. | ||
| Rumble, we love you. | ||
| We're going to Johnny Cash in honor of Peter Navarro and the Deplorables. | ||
| These are my people. | ||
| Back in a moment. | ||
|
unidentified
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In brotherhood, we're heirs of a creed to live by. | |
| A creed that proclaims that by loved ones' bloodstains, this is my land. | ||
|
unidentified
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And these are my people. | |
| These are my people. | ||
| They were born on and lived by the land. | ||
| These are my people. | ||
| And their cities were raised by hard working hands. | ||
| And their faces do tell that they're holding on well to this their land. | ||
| Yes, these are my people. | ||
| These are my people. | ||
| These are the ones who will reach for the stars. | ||
| These are my people. | ||
| By the light of the earth, you can tell they are ours. | ||
| A new step to take, and a new day will break. | ||
| For this my land. | ||
| Yes, these are my people. |
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