Sept. 12, 2023 - Bannon's War Room
48:02
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| Speaker | Time | Text |
|---|---|---|
| This is what you're fighting for. | ||
| I mean, every day you're out there. | ||
| What they're doing is blowing people off. | ||
| If you continue to look the other way and shut up, then the oppressors, the authoritarians, get total control and total power. | ||
| Because this is just like in Arizona. | ||
| This is just like in Georgia. | ||
| It's another element that backs them into a corner and shows their lies and misrepresentations. | ||
| This is why this audience is going to have to get engaged. | ||
| As we've told you, this is the fight. | ||
|
unidentified
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All this nonsense, all this spin, they can't handle the truth. | |
| War Room Battleground. | ||
| Here's your host, Stephen K. Bannon. | ||
| Okay, welcome back. | ||
| Tuesday, 12 September, Year of Our Lord 2023. | ||
| What a day! | ||
| A firestorm on Capitol Hill. | ||
| Complete throwdowns by McCarthy and Gates and company. | ||
| We're trying to sort it all out. | ||
| It couldn't be a better day given the impeachment inquiry and Biden's, I don't even know if I would call it a trip, his sojourn From the G20 through Vietnam, this kind of fiasco he's had overseas, to talk about elite capture and with the panel that we have to do it this evening. | ||
| Frank Gaffney joins us every day this week. | ||
| We're going to go through a different aspect of this. | ||
| Frank, I got to tell you, the feedback I got last night from the global governance People's heads are blown up. | ||
| And like I told you, we're going to every day focus on this situation at the UN until we get our hands around it. | ||
| Because it's really an awakening of American people. | ||
| They don't know about it. | ||
| And I'm committing to you that we're getting these aspects into this budget fight. | ||
| There's a lot of congressmen up there that have no idea. | ||
| What they're actually funding in this, in this, in this fight. | ||
| Since McCarthy has agreed to an impeachment inquiry, an impeachment inquiry without a vote, this thing's the, the, the, the, the horse is out of the barn. | ||
| Morning Mika this morning saying, Oh, the white house is going to encourage this. | ||
| They're going to send a check. | ||
| Uh, no, they're not. | ||
| Because this is going to get quite brutal now about the revelations. | ||
| We're going to see really what elite capture is all about. | ||
| Are we not Frank Gaffney? | ||
| I sure hope so, Steve, because unless and until we correct this single most serious line of attack in the Chinese Communist Party's long-running, well, decades-long unrestricted warfare against our country, we don't have a chance of winning against the CCP. | ||
| And you know, Steve, we've been doing, well, over 110 of these webinars, which are available for free, folks. | ||
| It's a graduate school level program about these various aspects of the Chinese Communist Party threat, the unrestricted warfare, how it's been waged against us, and who are their friends who have been helping them succeed at it. | ||
| We've distilled the best of that body of work to date, at least. | ||
| In this book, the indictment, which you not only published under the War Room imprint, I'm proud to say, but also give us a very good forward to. | ||
| And Steve, the point is, we're going to talk today with some of the best in the business about how extensive the elite capture is and therefore how grave the peril is if we persist in this lunatic idea that we can be led | ||
| I mean, literally, in the case of Joe Biden, the commander-in-chief of the United States military, to say nothing of his cabinet, to say nothing of others in his government, to say nothing of the business elite on Wall Street and elsewhere, they can't possibly be playing for our team if they're working for the enemy, as we'll demonstrate they are in the course of this program. | ||
| No, this is the timing of this is exquisite. | ||
| People should know that we had planned this out over the last week or so. | ||
| And how are we going to roll this out? | ||
| And then the day to have McCarthy come up and say, Hey, I'm gonna do the impeachment inquiry, because the impeachment inquiry is going to have both the Ukraine element and really a CCP element to it. | ||
| It's gonna be incredible. | ||
| Frank, why don't you do the honors? | ||
| Who you've brought together is amazing. | ||
| Let's walk through who our colleagues are going to be for this hour today. | ||
| Yeah, some of them are, of course, very familiar to this audience, Steve, including, of course, our chairman of the Committee on the Present Danger, China. | ||
| And again, his work and that of the rest of these webinars and so on is at presentdangerchina.org. | ||
| That would be Brian Kennedy, the former longtime president of the Claremont Institute, now the president of the American Strategy Group, One of your go-to guys on election integrity and grand strategy and so much more. | ||
| And indeed, I think the free world's go-to guy on all of that stuff. | ||
| He'll be our leadoff batter. | ||
| We're going to then turn to Trevor Loudon, import from New Zealand. | ||
| He famously says he's got a Southern accent. | ||
| Indeed, he does, as you'll hear. | ||
| He's a guy who has been making his life's work warning the American people about what is going to happen to our country just as it did in his own native New Zealand, namely the takeover by the friends of the Chinese Communist Party and other Marxists and, well, for that matter, the CCP itself. | ||
| He's done an enormous body of work in film and in the book form, including several that I think are really important enemies within Security Risk Senators, a two-volume set, there's so many of them, and then House Un-Americans, a six-volume set, because there are so many of them in the House of Representatives at the moment. | ||
| Finally, we'll have Will Hild, a tremendously impressive guy who runs consumers research and who has been mounting a campaign, very creative, very effective, in lighting up one of the most dangerous of the captured elites in our country, because he's helping the Chinese Communist Party increase the numbers of captured elites. | ||
| That would be Larry Fink of BlackRock, and we'll hit all three of those and their bodies of work, I think, in the course of a very important program today. | ||
| Let's go ahead and start with Brian Kennedy. | ||
| Brian, you saw today that the House is going to go in a full... and by the way, this inquiry is going to be intense, I can tell people. | ||
| Not just McCarthy trying to save himself, but the nature of the subject and the evidence is out there. | ||
| Give us your beginning observations. | ||
| Well, this is an impeachment inquiry that should have happened months and months ago, but of course the reason it didn't Was because the donor class and all the Wall Street did not want this impeachment inquiry. | ||
| And only after a long period of wrangling by some conservatives within Congress, is it now happening. | ||
| The idea that Joe Biden should not be examined carefully for all the wrongdoing that's been exposed over the last five years is rather ridiculous. | ||
| And it's good that it's coming about now. | ||
| It's a little late, but better now than not at all. | ||
| I want to tie this. | ||
| The topic is elite capture. | ||
| I want to tie, because a lot of people are saying, hey, is there high crimes of misdemeanors? | ||
| What has this guy done? | ||
| He's got a son that's a drug problem, etc. | ||
| Why is this going to give us a platform to adjudicate the topic of elite capture when you go back to the Constitution and said that the essential charge I think they're going to be looking at is bribery? | ||
| Walk me through the connection between what we've been talking about, elite capture, and personified by Biden, but we'll get into the Larry Fink and Trevor will tell us about many more in the House and in the Senate. | ||
| But why is this impeachment inquiry so important to basically give a formal place to adjudicate the concept of elite capture in the United States of America? | ||
| Well, that's a great question, Steve. | ||
| For, as Frank said, decades, not only have elites been captured in this country, but let's say the government of the United States was captured by the Chinese Communist Party. | ||
| Remember way back when, you know, Henry Kissinger had the idea that we could play communist China against the Soviet Union during the Cold War. | ||
| The Cold War ended, but we didn't turn to the other communist power Communist China and see whether it presented an existential threat to the United States. | ||
| In fact, quite the opposite was the attitude of the U.S. | ||
| government. | ||
| We didn't look at Communist China in their penetration of the U.S. | ||
| government. | ||
| And we treated Communist China as if they were an ally and a partner. | ||
| We transferred technology. | ||
| We gave them preferential treatment. | ||
| We did everything in our power to make them a wealthy nation. | ||
| We offshored all of our manufacturing or much of it, and we made China a wealthy nation. | ||
| Wall Street and the financial and political elites in this country saw that was happening. | ||
| They saw there was money to be made. | ||
| By relations, close relations with communist China and communist China became wealthy and then started using that money to influence American politics. | ||
| Today, communist China spends roughly $15 billion a year in influence and intelligence operations here in the United States. | ||
| They spread money around Wall Street, law firms, PR firms, academics in our universities, journalists, everywhere they can to get influence. | ||
| They saw a politician like Joe Biden as, I'm afraid, an easy mark. | ||
| And so they reached out the way they do, not directly to him, I would guess, but to his family and made business relationships with his family. | ||
| In the hopes of influencing policy toward them, the most famous being the memorandum he made with them, I believe it was in 2013, that would give preferential treatment of communist Chinese corporations, that they wouldn't have to go through the same kind of accounting and scrutiny that American corporations have. | ||
| I think one of the things they'll be examining in this inquiry is how much money did Hunter Biden receive, among other things, from Communist China or the Central Bank of China when it came to these kinds of investments that were being made. | ||
| I think one thing that needs to be said, Steve, as well, is that where was the American intelligence community in all of this? | ||
| Where was counterintelligence? | ||
| Communist China thinks of itself as an enemy of the United States. | ||
| They're spending all this money in this country. | ||
| Was the FBI and the counterintelligence division examining what China was actually doing? | ||
| Who was it giving money to? | ||
| What were the results of all that? | ||
| Was America and American elites being captured through this process? | ||
| Whereas during the Soviet Union, we had, you know, however flawed it may have been, we did have that kind of process. | ||
| We didn't have adequately that process when it came to communist China. | ||
| And indeed the Biden justice department, after they came into power, eliminated the programs Donald Trump had put into place to examine what communist China was doing in this country. | ||
| So, this is a very open field, as it were, for members of Congress to examine exactly what's been going on, not just during the Biden administration, but for the last several decades. | ||
| And I think they're going to find a very corrupt system filled with very corrupt people. | ||
| Amen. | ||
| I just, because we've got a lot to get to with Trevor and with Will, but I want to stay on this for a minute. | ||
| The timeframe is the most interesting they're going to focus on, not just with the Ukraine money, but with the CCP money. | ||
| Biden was put in charge. | ||
| Remember, Biden was really put on the ticket because Obama ran against Clinton in the primaries, an anti-war populist. | ||
| And they felt that he needed parental supervision, right? | ||
| They needed somebody with long history in foreign relations, foreign affairs and had connections on Wall Street. | ||
| That's why Biden's putting the VP. | ||
| He was designated immediately, not just to lead the Ukraine effort, but more importantly, this quote unquote pivot to Asia that we're going to wind down. | ||
| our involvement in Iraq and Afghanistan and we're going to pivot to this new emerging threat. | ||
| He was in charge of the pivot to Asia and you can see that the CCP specifically targeted him from years before but he was now in charge of making the decisions. | ||
| That's what makes it so outrageous and stunning that he would take his son, he would take Air Force Two and actually include Hunter Biden on the flights that then Hunter Biden would schedule business meetings with high-level CCP assets to start making deals both in the private equity fund and other arrangements that they were making. | ||
| Brian Kennedy. | ||
| No, that's right. | ||
| Look, this was a way for communist China to ingratiate itself, to spread the money around. | ||
| And from Biden's point of view, this is just how business was conducted in Washington. | ||
| They wanted access to US capital and Joe Biden and his son wanted a taste of that. | ||
| They're behaving like a criminal organization, unfortunately. | ||
| And it's a shameful thing for the United States that that happened. | ||
| Sometimes, you know, A lot of our colleagues will say, this is not elite capture. | ||
| This is elite merger. | ||
| No, in fact, I think it is capture because merger would suggest we're dealing with equals here. | ||
| We're not. | ||
| Communist China looks at politicians like Joe Biden and they despise them. | ||
| They think there's something despicable about them because only a despicable person would sell out his country that way. | ||
| They're the superiors. | ||
| They're the ones spreading money around. | ||
| And shame on the United States if we do not take seriously that there are people among our financial and political elites that are willing to sell out this country, have been doing it for the last two decades, and are going to continue to do it unless it's stopped and stopped here. | ||
| Steve, could I just make a point? | ||
| Frank, yeah, go jump in. | ||
| Sure. | ||
| You said something that's really important, but I want to clarify, I think, what you meant. | ||
| Joe Biden was I believe brought in, not to provide adult supervision, but to provide the appearance of adult supervision. | ||
| That this young senator from Illinois who knew nothing about any of this was going to be made more presentable. | ||
| But I personally believe, and it's a thesis that I pray will be vigorously explored by the impeachment inquiry. | ||
| That Barack Obama and his team knew and probably had then as much contempt for this guy as they do now, obviously, but they knew that he would be using this office in exactly the way that he did. | ||
| I personally think the reason he got these portfolios, whether it was the China, South China Sea exercise, or whether it was Ukraine, or whether it was stuff with Russia and so on, Was because it was an opportunity for all of them to make money. | ||
| I would posit the question, and I think it needs to be explored, was the real big guy Barack Obama, not Joe Biden? | ||
| How much of this scheming with Hunter and so on actually was benefiting people up the chain, not just down? | ||
| Because one thing about Obama, and correct me if I'm wrong, anybody jump in here, is that To date, there's been huge ideological... Frank, as you and Trevor know, we fought this battle for a long time about Obama's background, his inclinations, his being drawn to certain topics and people. | ||
| Yes. | ||
| You know, being a true Marxist, right? | ||
| And not just that. | ||
| His gravitation to Islam and other things. | ||
| But I don't ever remember. | ||
| The Biden thing is different. | ||
| The Biden is so craving for money. | ||
| What you see in Ukraine is so awful. | ||
| What you see in the CCP when you get into the hard drive from hell. | ||
| I remember I was brought in as the guy Rudy and those guys brought me in to check it out. | ||
| In the first 20 minutes I said this is the most amazing thing I've ever seen. | ||
| It was so blatant. | ||
| And Kennedy's, Brian Kennedy's is so well taken here. | ||
| They detest, you can see they detest the craven greed of people like the Bidens. | ||
| The Bidens are about, you know, it's an old, it's an old line, I'm Irish, it's an old line, Tammany Hall. | ||
| I think so. | ||
| I think it has to be explored, Steve. | ||
| like a ward boss. They got to get a spiff on everything, right? They're monetizing their access. Whereas Obama's always looked at it as as ideological. I've never seen the personal monetary corruption on that. Maybe Kennedy and in Frank. Am I missing that? | ||
| I think so. I think it has to be explored, Steve. I've been told and it's anecdotal and maybe it's so maybe it's not that even when he was in the United States Senate. Barack Obama was grifting off of Iran, no less. | ||
| So, and just, Steve, going back to something you said at the very beginning, when we're talking about bribery, what does that have to do with high crimes and misdemeanors, impeachable offenses? | ||
| Well, it has everything to do with it. | ||
| In fact, as you know, it's one of the two specified crimes. | ||
| What's the other? | ||
| Treason. | ||
| Then you get to the other high crimes and misdemeanors. | ||
| So this is everything. | ||
| And Brian is absolutely right. | ||
| The fact that we haven't been on this formally, prosecuting the case, indicting this man and his team before now is shameful, but they're onto it now. | ||
| Let's help them make the most of it. | ||
| Let's bring in, I want to say about shameful, let's bring in Trevor Loudon. | ||
| And Trevor, it's a perfect time I think to get you in here. | ||
| I met Trevor through Andrew Breitbart over a decade ago, I think before the 2010 Tea Party revolt. | ||
| And I remember going to some, and we would go to these Tea Party things and give talks. | ||
| And some of these were 50 people, right? | ||
| And I would get to meet Trevor. | ||
| And honestly, when I first saw his books and his information, there was so much. | ||
| And I actually said, Is this guy nutcase? | ||
| Because it was so documented on this communist Marxist infiltration of these people and at first I was saying it's too much it can't be Trevor Everything you said turned out to be true. | ||
| This is what I call providential about the steel in the 2020 election because they flip their face cards over and you see that these are hardcore Marxists and it's clearly been trained for a long time and I think the nation owes you A great amount of respect and thanks for how you've gone through and documented this and say, hey, just don't think this is some random occurrence. | ||
| This has been a long road that they have taken to basically train a cadre that could not just, they would be the undercard for the elite capture. | ||
| They would be pushing for elite merger. | ||
| Trevor Loudon. | ||
|
unidentified
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Well, thanks very much, Steve. | |
| And you're right. | ||
| This is a very long term process. | ||
| And if you've looked at it from the Chinese point of view, you know, they're a weak nation, but to take down America, they're going to have to get inside and they're going to have to use America's open society and the left-wing inclination of many of its leaders to their advantage. | ||
| And as they got richer, they started to spread the cash around, not just to their left-wing allies, but also into the conservative movement as well. | ||
| You know, we all know that Mitch McConnell, for instance, should probably be investigated as well for his ties to China. | ||
| But, you know, this is the thing. | ||
| We're in a communist revolution. | ||
| Almost all of Biden's cabinet are Marxist or pro-Chinese activists. | ||
| There's at least 100 members of the House that couldn't pass a background check to drive a school bus. | ||
| And there's about 40 US senators Who are deeply in bed with China, Iran, Cuba, and many other enemies of America. | ||
| So the elite capture is in Hollywood, it's in Wall Street, but it's specifically in the US House, the US Congress, and the White House. | ||
| That's where it's most evident. | ||
| And that's not scrutinized at all. | ||
| Toss out a couple examples there, just like that, because this is your life's work, which has been so powerful, but this is already embedded into the system from years and years of training. | ||
|
unidentified
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Well, you look at two cabinet officers, two of Biden's cabinet, Julie Hsu, Acting Secretary of Labor, and Deb Haaland, Secretary of the Interior. | |
| Well, Deb Haaland was a no-name, hard-left Congresswoman from New Mexico. | ||
| The first thing that Biden did when he took office was to cancel the Keystone Pipeline because Native Americans were protesting in the Dakotas. | ||
| Well, those protests were organized by Judith LeBlanc of the Communist Party USA, which is completely loyal to China. | ||
| Judith LeBlanc then mounted a major campaign, a political campaign. | ||
| They had buses, they had celebrity endorsements, Mark Ruffalo, Sarah Silverman, Alyssa Milano, Cher, Hanoi, Jane Fonda, dead for interior, dead for interior to make this no-name Secretary of the Interior. | ||
| And Biden nominated this woman on the basically put there by the Communist Party USA. | ||
| Now she's Secretary of the Interior, has oversight over 20% of this country, and she's shutting down every single energy lease she possibly can. | ||
| From Alaska to Colorado, everywhere she can. | ||
| You know, Biden has already drawn down a strategic oil reserve by 50%. | ||
| He is stopping drilling everywhere possible. | ||
| And just when we need oil, he is clamping it down. | ||
| And Deb Haaland, put in place, easily documentable by the Communist Party USA, is now following the plan, shutting everything down. | ||
| She is working in the interest of our enemies against this country. | ||
| The other one, Julie Su. | ||
| Now, the Chinese have massive control over American labor. | ||
| A pro-Chinese communist group called the Freedom Road Socialist Organization, by infiltrating the Teamsters, almost brought 230,000 Teamsters out on strike recently. | ||
| United Auto Workers is about to go out and strike. | ||
| And the communists are also planning to do big strikes in Southern California, hitting the port at Long Beach and all of the warehouses in the Inland Empire, which is a huge part of America's supply chain. | ||
| They're deliberately targeting the supply chain. | ||
| That's about to start. | ||
| Now, Julie Hsu, who's acting Secretary of Labor, Biden can't get it confirmed, but he's levering in position, is an old student Maoist. | ||
| Affiliated with the League of Revolutionary Struggle, who was then mentored by two former supporters of the Communist Workers Party, a militant pro-Chinese Communist Party, Stuart Kuo and Kent Wong. | ||
| Kent Wong ran APALA, the Asian Pacific American Labor Alliance. | ||
| Stuart Kuo runs Asian Americans Advancing Justice. | ||
| She's a pro-China Maoist put in place by two of China's best friends in this country. | ||
| Communist China's main influence operation in the country. | ||
| They got her, basically their lobbying got her appointed as Deputy Secretary of Justice, Assistant Secretary of Justice. | ||
| Marty Walsh left, now she's acting secretary. | ||
| She's a pro-China Maoist put in place by two of China's best friend in this country. | ||
| The Chinese are about to take a whole bunch of American unions out on strike, crippling strikes, that could bring America into this recession, even depression. | ||
| And she's going to be presiding over it. | ||
| And I can tell you what side she's going to be on. | ||
| That's two cabinet officers right now working in the interest of China to cripple the US economy. | ||
| Hang on a second. | ||
| We're going to take a short commercial break. | ||
| When we return, we've got more explosive analysis on Larry Fink and the Wall Street Titans. | ||
| Also, Trevor's going to answer the question. | ||
| He says there's 100 members of the House that couldn't pass a basic background check. | ||
| Remember, they all have security clearances. | ||
| Some have very high security clearances. | ||
| Elite capture. | ||
| It's all going to be put forward in this impeachment inquiry. | ||
| You're going to get the inside scoop now in the War Room. | ||
| We'll Okay, elite capture is the topic. | ||
| Frank Gaffney has put together an all-star group here today of experts to talk about. | ||
| Frank, I'm going to toss it to you because we're a little pressed for time. | ||
| You take it. | ||
| We've got some great individuals here and I want to make sure the audience is fully up to speed on what this concept is about and how it actually is manifesting itself in the United States of America today from Wall Street to Silicon Valley to Hollywood to our nation's imperial capital, sir. | ||
| And it's in all of those places. | ||
| And honestly, nobody understands it better and has done more to document it than Trevor Loudon. | ||
| And I think your audience, who are very much disposed to see people bringing the receipts, know where they can get them. | ||
| And I pray that, you know, the House Select Committee on the CCP and those that will be pursuing specifically the impeachment inquiry into Joe Biden will make a point. | ||
| Of checking with Trevor Loudon. | ||
| You know, he's one of the contributors. | ||
| Hang on. | ||
| I just want to make sure the audience understands this. | ||
| And I think Gallagher's a good man. | ||
| You know, he's a Marine officer. | ||
| He's well intentioned. | ||
| They just went to Wall Street and did the on Friday and did the war game. | ||
| I just think it's at geopolitical and strategy level. | ||
| And I think, quite frankly, we're beyond that. | ||
| I don't see in that committee the Trevor Loudons, the people that we need to have in there. | ||
| Quite frankly, so many people on the committee in the present danger that could actually bring the receipts. | ||
| And that's why I think that committee has been relatively ineffective to date. | ||
| Well, their committee has not done what our committee has tried to do, Steve, which is, as you are fond of saying, bring the receipts. | ||
| I had a chance to speak to both Gallagher and his chief of staff and some of the other members of the committee staff and said, look, these webinars are really the kinds of hearings you should be holding. | ||
| We've got the witnesses. | ||
| We've got the topics. | ||
| We've got the goods. | ||
| Bring it. | ||
| And so far, that's not happened as much as it should. | ||
| I commend them, I think, for taking on, among others, the mavens on Wall Street, including specifically Larry Fink's BlackRock. | ||
| And MSCI, the index fund that it is associated with, and it's a good segue to our next speaker, a very, very formidable man intellectually and in terms of his understanding of these topics, but also his gift for taking the fight to people like Larry Fink. | ||
| His name is Will Hurd. | ||
| He runs consumersresearch.org, and we wanted him to contribute to this as a kind of Subset, microcosm, but hugely important one, because what Larry Fink is doing is putting your money, as you're fond of saying, Steve, your pension funds, your mutual funds, your 401k plans, and so on, at the disposal of our mortal enemy. | ||
| So, Will, if you're out there, bring it on. | ||
| Talk to us about Larry Fink as an exemplar of this captured elite and the damage that he's doing in that role. | ||
|
unidentified
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Yes, absolutely. | |
| Thank you, Frank. | ||
| Our organization is the nation's oldest consumer protection organization, and we've been running a multi-million dollar consumer education campaign against Larry Fink and BlackRock since October of 21. | ||
| Highlighting, in fact, we actually launched the campaign with blackrockloveschina.com, blackrockloveschina.com, highlighting the entanglements between Larry Fink and BlackRock and the Chinese Communist Party. | ||
| And what's interesting is the way that manifests here in the United States is the pushing of so-called ESG investment criteria or ESG investment method. And so let's say you're an oil producer here in the United States. | ||
| We just heard from Trevor about the myriad ways that communists infiltrated into our United States government have been attacking U.S. | ||
| energy industry. | ||
| Well, I'm sad to say that, unfortunately, the big Wall Street titans of State Street, Vanguard, and, of course, BlackRock have been doing the same thing, using the very ownership of these shares. | ||
| So the way it might work is you have these big passive investment firms like BlackRock, Hoovered up all these state, local, even federal pension funds. | ||
| They have huge, massive ETFs, passive ETFs. | ||
| So the overall assets they own, they might control, you know, 8 to 15% of the shares of any individual company in the S&P 500 or in the U.S. | ||
| stock market. | ||
| And even though they're not making individual investment decisions on average, they're not buying and selling the shares, they are controlling those shares as a fiduciary, as a steward for their myriad of private and public clients. | ||
| And what they have announced, what they say publicly, is we use those shares to push a far-left woke agenda. | ||
| This is this famous clip that you see often come up from a 2017 interview that Larry Fink did. | ||
| where he said that, at BlackRock, we believe that if behaviors are gonna change, they're gonna have to be forced to change, and at BlackRock, we are forcing behaviors to change. | ||
| He was actually referring to those far-left political agendas, everything from pushing net zero targets to race and sex-based quotas on boards of directors. | ||
| And so BlackRock, teaming up with its colleagues, State Street and Vanguard, push this far-left progressive agenda onto corporate America. | ||
| What does that have to do with China? | ||
| Well, here's the thing. | ||
| They don't do any of that In Chinese Communist mainland China, they push a lousy fair, whatever you want, we'll finance it policy. | ||
| They will finance coal powered plants in China. | ||
| They will finance natural gas pipelines and natural gas plants in China. | ||
| Here in the United States, they're trying to force publicly traded utilities to set early retirement dates on those same coal and natural gas powered plants. | ||
| So the net effect of this is to hamstring the U.S. | ||
| economy, particularly in the areas of agriculture and energy production. | ||
| But they want to destroy our airline industry as well, our concrete industry, our steel industry. | ||
| You look at all the things they want to do. | ||
| They want to basically use net zero as a cudgel to destroy all of our economic superiority over mainland China. | ||
| And yet, at the same time, use those same American investment dollars to build up the Chinese economy. | ||
| So that's where you get the elite capture connection there. | ||
| It's a net effect of building up China at the time that you're tearing down the United States. | ||
| What does Larry get out of it? | ||
| Well, he gets a ton of political favors from the Chinese Communist Party. | ||
| BlackRock is allowed to run the only wholly foreign-owned mutual fund over in China. | ||
| They actually recently, ironically, got permission to start managing state pension funds in mainland China. | ||
| These are things that most foreign-owned companies would never, in a million years, get the permission. | ||
| They would always go domestically. | ||
| But they see Larry Fink and BlackRock as their man in New York and Wall Street, and so they hand out favors to him left and Well, let me ask you a question. | ||
| Back to Trevor, which said this has been going a long time. | ||
| Because I think people when they saw this ESG, and let's leave the energy part aside, the carbon part, but when you saw the wokeness and you saw CRT or this DEI, diversity, equity, inclusion. | ||
| It kind of came out of nowhere. | ||
| Does this have neo-Marxist roots? | ||
| They're just trying to put the most palatable, at least initially, to the American people. | ||
| But does this have deep neo-Marxist roots in back of the thinking, in back of this ideology? | ||
|
unidentified
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Absolutely. | |
| 100%. | ||
| If you look at the ideology around CRT, it doesn't look much different than what the Soviet Union was trying to do to create a wedge in American society during the Cold War. | ||
| This is an old communist tactic. | ||
| They've been doing it for decades. | ||
| CRT is just the new wrapping paper. | ||
| DEI is the new wrapping paper. | ||
| And I would even say that all of this race and sex-based quotas for these boards of directors It's a perfect way for them to create a patronage system where people rely not on their own merits for their employment or their positions of power at these corporations, but for allegiance to the political project of people like Larry Fink, and he's obviously serving the interests of the Chinese Communist Party. | ||
| So, it absolutely, there's a direct line between pushing the S portion, and actually they use the G as well, saying, hey, you don't have good governance at your company unless you've got, you know, two black people and two women or whatever the numbers that they come up with. | ||
| They call that governance. | ||
| I call that racism and sexism. | ||
| But you're 100% right. | ||
| This is an old communist tactic of trying to divide American society where, you know, normally we have the E Pluribus Unum, this idea we're all unified, trying to build a better nation. | ||
| And yet, they're constantly trying to divide us around racial and sexual lines. | ||
| Divide and conquer, I think is the term for it. | ||
| Do you think there's any way that Larry Fink, at his level, because as you said about that clip, he was so adamant about this, and I've watched so many of these Wall Street conferences where he's out there pontificating, he's on CNBC, on Bloomberg, in the Financial Times. | ||
| Is there any possibility That he didn't actually understand the roots of what he was pushing in the impact that they were looking for. | ||
|
unidentified
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You know, whether he understands the communist roots of the policies that he's pushing, I couldn't speak to that. | |
| But I can absolutely say there was no question he knew what he was pushing. | ||
| He knew he was pushing. | ||
| He was specifically speaking in that clip I referenced. | ||
| He was specifically speaking. | ||
| about race-based quotas for boards of directors and said, I want two people of color on every board we're invested in. | ||
| And this is a man, by the way, these are not people have given him the massive amount of money that he manages, not in an active management sense, saying, hey, we want you to go in and manage these companies and tell them how to work. | ||
| Most of the power he has comes from so-called passive investments, large ETFs that basically don't even don't even make investment decisions. | ||
| They just invest in the S&P 500 index. | ||
| And yet he has self uh... coordinated himself you know charlie munger or buffets business partner called him are would be emperor is is uh... coordinated himself to run all of american society and so there's no doubt there's zero question he knows what he is doing now whether he understands the communist uh... foundations of that i don't know absolutely understands that he's trying to dictate the specifics about all of american society will operate looks deep i'd just have to say he's a he's on | ||
| so he's a notice that what he's doing is aiding and abetting are mortal enemy It's one of the reasons why we've identified him in the indictment as one of the guys that ought to be prosecuted for all of this. | ||
| This is betraying our country, to put a fine point on it. | ||
| And, you know, we can dress it up as ESG or woke or radical leftist and so on. | ||
| It is Marxist. | ||
| It is in the service of the Chinese Communist Party. | ||
| And I have to say, we'll be talking later in the week in another of our programs about how this is playing out in the military, but just one prime example of how this is working in corporate America, and if anything, Will has kind of understated, I think, the magnitude of the coercive power that I think is brought to bear. | ||
| Look at the ExxonMobil board. | ||
| Will, just a quick word about what's been done at Larry Fink's and his friends' behest there. | ||
|
unidentified
|
Yeah, absolutely. | |
| That's a perfect case study in the ways in which BlackRock has thrown its power around in a completely deleterious way. | ||
| So Exxon, obviously one of our largest oil producers domestically here in the United States, and also internationally bringing much of that oil and gas here to U.S. | ||
| consumers for their consumption and use. | ||
| And a couple of years ago, a former BlackRock executive started an activist hedge fund called Engine No. | ||
| 1. | ||
| It purchased just the bare amount of shares that would qualify it to put up a slate of alternative directors to that company. | ||
| And then BlackRock, along with its fellow cronies on Wall Street, State Street, and Vanguard, Help elect three radical environmentalists to the board of Exxon whose stated goal was to get this oil and gas company to net zero, which is impossible. | ||
| Last time society was at net zero, we were living in caves. | ||
| And that's where we'll be again if we ever hit net zero. | ||
| What it really is, is to get Exxon out of the business of providing cheap and affordable and reliable oil and gas energy to American consumers. | ||
| and onto these far left boondoggles like wind and solar, which coincidentally happened to be produced almost exclusively in mainland China. | ||
| And all the elements that go into them happen to be processed almost exclusively in China. | ||
| It's really taking away our own energy independence and handing it China. | ||
| And BlackRock, a former BlackRock executive is who put up those directors. | ||
| And BlackRock shares were pivotal in getting those three radical environmentalists elected to the board. | ||
| And then six months later, here's the effect. | ||
| Six months later, the Wall Street Journal is reporting that Exxon, the board, is considering divesting itself of two of their newest, largest projects, one in Mozambique, one in Vietnam. | ||
| These are things that they'd spent $30 billion of American investment and know-how putting together. | ||
| This is years of getting governments and Let me just say, you said coincidentally, this is no accident, comrade. | ||
| these Wall Street extremists want Exxon to basically divest this. | ||
| Well, there's only so many buyers that can pick something, an asset, up that large, and most of them operate out of China. | ||
| Let me just say, this is, you said coincidentally, this is no accident, comrade. | ||
| Steve, could I just suggest that Brian might be a good guy to talk to about one of the other players in all of this who hasn't been addressed as directly as you've done on a lot of other programs. | ||
| Brian, Sequoia Capital has not been subjected to the kind of scrutiny by Mike Gallagher's committee or as best I can tell anybody else in Congress. | ||
| Talk a little bit about what a problem that outfit represents, again, serving the Chinese Communist Party among America's capital elite. | ||
| Yeah, that's a great point, Frank. | ||
| The thing about Sequoia is that they're an investment fund primarily focused on Silicon Valley in the high tech industry. | ||
| Sequoia is basically using their resources to take U.S. | ||
| investment and find those places in Communist China where they think they can get the greatest advantage. | ||
| So they're taking billions of U.S. | ||
| investable dollars from You know, mostly retirees, but other active investors, and they're making a relationship with Communist China, basically building up their high tech industry. | ||
| Now, again, given the fact that Communist China has declared itself an enemy of the American people, they're still in a people's war against the United States. | ||
| The idea that one of our main Silicon Valley investment firms would take billions of dollars and invest In Communist China is nothing short of outrageous. | ||
| I think the Gallagher committee will get to the bottom of this, by the way. | ||
| Mike Gallagher is a good man. | ||
| He does not seem to be afraid to go after them. | ||
| Now, who has been pulling him back? | ||
| Kevin McCarthy. | ||
| Who's been pulling him back? | ||
| Kevin McCarthy. | ||
| And so there is the heart of the problem. | ||
| Kevin McCarthy is linked to the donor class and Walgreens. | ||
| We need to we need to let Mike Gallagher and the committee go and find out everywhere this corruption exists. | ||
| We're breaking some news here. | ||
| Okay, I'm pressed for time. | ||
| So I'm gonna ask the panel, I'm gonna go around to you guys and ask a question. | ||
| Trevor Loudon, I'll start with you is, and I need a quick answer is, with the evidence you've seen to date, is there enough to pursue an indictment on Larry Fink for high treason, sir? | ||
|
unidentified
|
Absolutely. | |
| And Joe Biden. | ||
| Okay, Brian Kennedy, do you believe there's enough evidence out there, as you have seen, to pursue an indictment on Larry Fink for high treason against this country? | ||
| Absolutely. | ||
| You can't do it. | ||
| I thought both Trevor and Will had an excellent case to be made there. | ||
| What else can you call this? | ||
| Anybody with eyes to see can see that this is treason. | ||
| They're betraying their country. | ||
| They know exactly what they're doing. | ||
| These aren't just people making money. | ||
| These are people who are ideologically committed to the destruction of the United States. | ||
| That is the only thing you can draw from all of these various activities we've been describing this past hour. | ||
| Will, do you believe there's enough information to pursue an indictment on Larry Fink for high treason against this country? | ||
|
unidentified
|
Yes, but I would add to that that there is even more evidence that he should be indicted for antitrust violations, for securities fraud, and for his breach of his fiduciary duty to the Federal Thrift Savings Plan. | |
| Steve, can I just add one thing? | ||
| Yeah, jump in. | ||
|
unidentified
|
Sure. | |
| This really informed these kinds of insights that we've been sharing in the course of this hour, our book, The Indictment. | ||
| And I think one of the arguments that we've made is at the minimum in the court of public opinion, which is where we are now, thanks to you, we need to prosecute this case. | ||
| But I also believe that the case can be made in a court of law I think on racketeering grounds among others. | ||
| There's a lot of talk about racketeering these days. | ||
| This is a criminal conspiracy, by the way, in conjunction with what is properly understood a transnational criminal organization, namely the Chinese Communist Party. | ||
| Bring it on. | ||
| Let's spread it around. | ||
| Frank, where do people get all your content? | ||
| Where do they go? | ||
| The content we've been talking about mostly here is at presentdangerchina.org, our webinars and so on. | ||
| Securefreedom.org is the Center for Security Policy site. | ||
| Securingamerica.tv is where you can find our show and more. | ||
| And also, Steve, theindictmentbook.com. | ||
| It's amazing. | ||
| Will, how do people get to you, your content, your site, all of it? | ||
|
unidentified
|
They can visit us at consumersresearch.org. | |
| That's consumersresearch.org. | ||
| And if they would like to learn more about BlackRock's entanglements with China, they can visit us at blackrockloveschina.com. | ||
| Well, great work. | ||
| Trevor Loudon, you're a hero and a patriot to your colleagues here in the United States. | ||
| Where do people go to get all of your voluminous research? | ||
|
unidentified
|
Well, thank you, Steve. | |
| My books and DVDs are available at TrevorLoudon.com. | ||
| Just my name, L-O-U-D-O-N dot com. | ||
| Do you have social media? | ||
| Yeah, I have Twitter, I have X, I have Facebook, I have Instagram. | ||
| Yeah, so it's pretty easy to find me on those things. | ||
| Fantastic. | ||
| And Trevor brings the receipts. | ||
| It's kind of like Bobby Kennedy's book on Fauci. | ||
| It's in your grill. | ||
| Yes, sir? | ||
|
unidentified
|
I also have a new program called the Trevor Loudon Report. | |
| The Trevor Loudon Report on Live from America TV. | ||
| Perfect. | ||
| Thank you, sir. | ||
| I'll make sure I link that. | ||
| Brian Kennedy, last but not least, where do we get your brother? | ||
| Thank you, Steve. | ||
| Brian T. Kennedy on Getter. | ||
| I'm on X Twitter. | ||
| I don't like that X phrase. | ||
| And on Truth Social. | ||
| So, Brian T. Kennedy. | ||
| And thank you, Steve, for doing this. | ||
| I think this is an important discussion. | ||
| What are you talking about? | ||
| On a day? | ||
| Perfect for a lead capture. | ||
| Guys, thank you very much. | ||
| Appreciate it. | ||
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