Oct. 17, 2023 - Bannon's War Room
48:55
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 at all these networks lying about the people. | ||
| The people have had a belly full of it. | ||
| I know you don't like hearing that. | ||
| I know you try to do everything in the world to stop that, but you're not going to stop it. | ||
| It's going to happen. | ||
| And where do people like that go to share the big lie? | ||
|
unidentified
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MAGA Media. | |
| I wish in my soul, I wish that any of these people had a conscience. | ||
|
unidentified
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Ask yourself, what is my task and what is my purpose? | |
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
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War Room. Here's your host, Stephen K. Bannon. | |
| It's Tuesday, 17 October in the year of our Lord 2023. | ||
| You notice we don't have a cold open. | ||
| We'll get to that later because we're time constrained today. | ||
| Historic day at high noon today. | ||
| An historic vote for Speaker of the House, Jim Jordan. | ||
| The rise of the populist right will be manifesting itself. | ||
| It's going to be a tough one. | ||
| We'll get to that in a moment because we need everybody to the ramparts. | ||
| The number is 202-225-3121. | ||
| That's over at the House. | ||
| You've got the list. | ||
| Grace Chung and Captain Bannon have put it up. | ||
| It's up on all of our Sites right now, all the chats, let's make sure you're calling over there and giving folks the what for. | ||
| If Jordan gets less than 200 votes in the first round, it's going to be a very long day. | ||
| We're honored to have Senator J.D. | ||
| Vance. | ||
| The reason we've asked Senator Vance, he's been so gracious to actually come into the studio. | ||
| Senator Vance, I think it's the first time since 1943 or 44 we have a combatant commander, CENTCOM, is in Tel Aviv even as we speak, the Commander-in-Chief Of course, in the war room, we think the illegitimate commander-in-chief is going to be there tomorrow. | ||
| We have two carrier battle group strike forces, about 10,000 sailors each. | ||
| We have the A-10 squadron forward deployed. | ||
| 2,000 logistics and medical personnel are getting ready to go into Israel. | ||
| We have special forces already just assisting, I think, in the intelligence. | ||
| We have approximately 25,000 combat troops. | ||
| And I think a marine infantry, a marine MEF expeditionary force is getting ready. | ||
| 25,000 a day. | ||
| The combatant commander from CENTCOM, the commander-in-chief in Israel. | ||
| What is going on? | ||
| Can you just pull back? | ||
| Because right here the Financial Times of London, yesterday's edition, tells me U.S. | ||
| intensifies calls on Iran to prevent Gaza wars spreading across the Middle East. | ||
| Why are we sending unlimited amount of combat troops into the region right now? | ||
| And has anybody come over and had the decency to brief you guys in the Senate? | ||
| No, that's supposed to happen later this week, but we've largely been blind to what's going on from an intelligence perspective. | ||
| Look, here's what's going on, Steve. | ||
| you're witnessing a massive escalation of a regional conflict. | ||
| And if you step back in time about a century, the historical argument that the neoconservatives always make about this moment is it's always World War II. | ||
| They did this in 2003 with Iraq. | ||
| They are doing this with Zelensky in Ukraine. | ||
| That if you don't want to send $150 billion to Volodymyr Zelensky, you're Neville Chamberlain. | ||
| You're ready to give up against Adolf Hitler's Germany, right? | ||
| It's always World War II. | ||
| Yes, it is. | ||
| The historical analogy that we need to be worried about right now, Steve, is not World War II, it's World War I. Because what happened is a tiny, regional, minor conflict became a worldwide war that engulfed the United States, really started a lot of the problems that we have, the so-called international order, which I think has been very bad for Americans and for American workers. | ||
| And the alliances they had in that summer of 1914, that they thought were going to help them, Yes. | ||
| That's exactly right. | ||
| We talk about World War II. | ||
| unending war of which for reasons that the British people at the time didn't fully understand. That's exactly right we talk about World War II in many ways World War II was a consequence of some of the hangover from World War I so I mean it killed hundreds of millions of people being stupid in that moment and being a little too trigger-happy. Here's the other interesting thing about this Steve is you hear a lot of neoconservatives in the United States say that they're very pro-Israel. | ||
| And Steve, you know I'm a pro-Israel guy. | ||
| I think you're one of our most important allies. | ||
| Same here, too. | ||
| But let's be clear here. | ||
| What are the Israelis asking for? | ||
| And what are the neoconservatives offering? | ||
| And why aren't those the same thing? | ||
| You have people going on television threatening war against Iran. | ||
| Meanwhile, our Israeli allies are stepping back and saying, no, no, no, no, no. | ||
| Let's pump the brakes. | ||
| Let's not start a broader regional conflict because it's not in Israel's interest and it's sure as hell not in our interest either. | ||
| Let's talk about that for a second. | ||
| For people that support Israel, What we have to do now is to really assist Israel and not drag this in more rapidly into a conflict that's Persia versus the West, because that's where we're hitting. | ||
| And this is from time immemorial, right? | ||
| The Greeks, the Romans, the Brits for a while, now ourselves, right? | ||
| And so how do we avoid, if you have 25,000 combat troops and we're in day, you know, what, seven or eight of this, nine, And unprecedented since Casablanca or Cairo in World War II. | ||
| These huge meetings with Stalin and Churchill and Roosevelt. | ||
| We've never had a combatant commander. | ||
| CENTCOM announced today he's in Tel Aviv. | ||
| And Biden goes tomorrow. | ||
| For the world, that means we're taking ownership of the Gaza... Am I wrong? | ||
| It looks like we're taking ownership of the Gaza operation. | ||
| It absolutely looks like that, I think, to the world. | ||
| And the other weird thing, you talk about a Persian war against the West. | ||
| Of course, they want to make it a Persian plus Russia war against the West, which could then eventually bring in China. | ||
| And that's how you have, you know, a hundred million people dead in five years. | ||
| And the Turks and the Egyptians. | ||
| By the way, the end of America as a superpower, that is the beginning of the end. | ||
| In the same way that World War II was the end of the British Empire, World War III, if God forbid we let it happen, is the end of the American Republic as we know it. | ||
| Here's the thing, again, it's so funny when you compare neocons in America who say that they're Israel's best friend with what the actual Israelis are saying on the ground. | ||
| The Americans are mad at Bibi because Bibi is not as anti-Putin as they want him to be. | ||
| Well, why would Bibi be explicitly anti-Putin? | ||
| He has interest, doesn't mean Putin's a good guy, but it means he has interest that he has to manage, he has to be careful. | ||
| That level of caution, that level of statesmanship is something a lot of Americans could learn from. | ||
| Let's talk about the Senate. | ||
| And particularly, we're seeing now, they're playing the old games. | ||
| Even Jordan. | ||
| We know this is going to happen very quickly. | ||
| If he's in today, which is going to be a push, first thing they're going to do is a resolution. | ||
| And then they're going to come back very quickly with a Ukraine, Israel, a taste of Taiwan, and a little processing money down on the border. | ||
| You've been the leader, the intellectual leader. | ||
| And remember, J.D. | ||
| Vance is not a dove. | ||
|
unidentified
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J.D. | |
| Vance has served his country. | ||
| You're not a dove. | ||
| You're a realist. | ||
| And how do we bifurcate Ukraine funding from Israel? | ||
| Because this is what we're going to try to jam together. | ||
| Well, that's exactly right. | ||
| And by the way, Steve, I think it's a huge betrayal to our most important regional ally in the Middle East, of course, which is Israel. | ||
| If you're trying to basically take the tragedy that killed over 1,200 Israelis and package that, use that as cover to give Volodymyr Zelensky another three, four, five, $100 billion? | ||
| Like, how could you slap them in the face more directly by tying their problem, which is distinct from the Ukrainian problem together? | ||
| But you're right, that effort is gonna happen. | ||
| Why? Because Biden and because neoconservatives in Washington, D.C. know there is no political will in this country to give Zelensky another 20, 30, a hundred billion dollars. | ||
| So they are trying to jam this together to put people like me in a tough spot. | ||
| Shut up about the Ukrainian problem because you want to be supportive to the Israelis. | ||
| We cannot let it happen, Steve. | ||
| What folks in Ohio want to know is how do you get invited to the Senate lunch? | ||
| Because, I mean, I'm seeing Mitch McConnell every day comes out. | ||
| Mitch McConnell wants to be bombing Tehran this morning. | ||
| Tom Cotton, who's a good man, is off the chain on this and a couple of others. | ||
| One of the biggest neocon problems we have isn't the Republican Party in the United States Senate. | ||
| How do you deal with that? | ||
| Well, look, we just got to make the argument, Steve. | ||
| This is what is different 20 years ago. | ||
| We didn't have war room. | ||
| We didn't have alternative media. | ||
| We didn't have people like me in the Senate pushing back against this stuff. | ||
| You know, when I'm confronted with a lot of these arguments, what I always say is, look, the same exact logic that led us into Iraq is threatening to lead us into a massive escalation here. | ||
| We need to be smart, Steve. | ||
| Ukraine is a different country from Israel. | ||
| They need different weapons from the weapons the Israelis need. | ||
| There are different regional alliances that are in play here. | ||
| Obviously the Russians don't like the Ukrainians, but the Russians have a much more sort of neutral relationship with the Israelis. | ||
| We've got to be smart and actually play our allies and our enemies in a way that serves American interest. That's what's not happening. | ||
| You have these guys where they want to paint, they want to say everybody is good or evil. Everybody's good or evil. | ||
| That's an international relations scandal. It's stupid. | ||
| You don't care fundamentally about whether this person said mean things. | ||
| You care about whether you can serve America's interest. | ||
| And right now we have to be careful. Oh, by the way, Steve, something we haven't talked about is the $1.7 trillion deficit that we're going to run. So how can we fund potentially two three four fronts in an international war when we can't even afford to give our own people a Reasonable budget that brings down the cost of inflation. | ||
| It's insane The Treasury Department actually got back to the War Room late Sunday night and said that the numbers are going to be out, I think, on Friday. | ||
| They're going to be out on Friday. | ||
| I believe that deficit is going to be $2 trillion, and the reason is we're not going to hit the $5 trillion revenue because of the slowing down of the economy. | ||
| So this is inextricably linked with the debt crisis. | ||
| Exactly. | ||
| You're the only one making that case. | ||
| Walk me through how you convince your colleagues, who are good and reasonable men and women, how do you convince them of your, to take your side in the argument? | ||
| Because look, the fundamental argument I make, Steve, is we didn't win World War II. | ||
| We didn't create the superpower because we said the right things or thought the right things. | ||
| We did it because we had a powerful home that allowed us to project power abroad. | ||
| The problem in the world right now is not that America, we're not pounding our chest enough. | ||
| It's that we are weak at home and people are taking advantage of that. | ||
| If you continue to let this inflation crisis spiral out of control, if you continue to offshore American manufacturing, we're not going to be able to build the weapons of the next generation, much less actually fight a war with them. | ||
| Here's the other thing, Steve. | ||
| We've got to be careful that this inflation crisis doesn't take down our allies. | ||
| I'm sure you've talked about it on this show. | ||
| The Polish Law and Justice Party, one of the great allies in the world of the United States of America, their energy prices are so high they just got booted out of office, or they're likely to get booted out of office. | ||
| Do we want to take down every allied American government because we cannot get a hold of our own foreign policy and actually push our interests? | ||
| Coldly, rationally, we got to do it. | ||
| The Senate gets back today, and the business you guys are going to have is Jack Lew as ambassador. | ||
| I haven't seen any appropriations bills coming through. | ||
| We're going to be stuck with this. | ||
| Jim Jordan's already said he's going to give us a CR. | ||
| It's going to kick in. | ||
| We're looking at an omnibus again. | ||
| How does J.D. | ||
| Vance, as an America First MAGA leader, stop the madness? | ||
| by telling the truth and by pushing against this stuff privately and publicly, Steve. | ||
| I will say, not to pat myself on the back too much, the reason the last CR, which I was not a fan of, but the reason the last CR didn't include Ukrainian money is because we stood up and actually made the argument that had nothing to do with the American government. | ||
| That happened at a lunch. McConnell was shocked. | ||
| That happened at a lunch. | ||
| Give us some inside baseball. | ||
| I will be respectful of the privacy of my colleagues, Steve, but let's just say that a A few of us spoke up, made our voices heard, and that became the will of the conference. | ||
| We're not going to win every single one of these fights, but as I always say, our voters don't expect us to win every time, they just expect us to fight every time. | ||
| We only got a couple minutes left with you. | ||
| I gotta get to, there was a town hall or something the other day, some clips of, where one of the candidates running for Senate, that would be your colleague, running against Sherrod Brown, is a tough guy to run against, actually said, and this candidate is not Bernie Marino, actually said, First of all, you know I've endorsed Bernie Marino. | ||
| Bernie Marino is a good friend of mine. | ||
| no I think there are 20 million here but they're great consumers so they got to stay. | ||
| What are your thoughts on the number one priority we have which is the invasion of the southern border, the 8 to 10 million folks that are here? | ||
| Well first of all you know I've endorsed Bernie Marino. | ||
| Bernie Marino is a good friend of mine. | ||
| I think he'll make a great senator, will make a great colleague and importantly Steve can win. | ||
| But I think viewing those 20 million illegal aliens as consumers is fundamentally an affront to the entire idea of the American nation. | ||
| Kind of a donor mindset? | ||
| Absolutely. | ||
| We're not just an economy. | ||
| We're not just a transaction place of buyers and sellers. | ||
| We're a nation of people and of borders and of shared common interests. | ||
| If you can't defend that basic idea, then I don't think that you should be in the United States Senate. | ||
| Now, here's the other crazy thing, Steve. | ||
| We haven't talked about this enough. | ||
| Why are there people all across our country protesting on behalf of Hamas? | ||
| Because we let these people into our country in the first place. | ||
| If you really want to fight Hamas, don't let people come into our country that are pro-Hamas in the first place. | ||
| We should stop this. | ||
| We've got to recognize we've got to have borders and we've got to bring people into our country that are going to make it stronger, not defend killing Israeli children. | ||
| Our audience loves when you give speeches, the historic speech you gave me. | ||
| How do people find your schedule? | ||
| Social media? | ||
| Your website? | ||
| People love following you. | ||
| Where do they go? | ||
| I'm on all the social media channels. | ||
| Gitter, Truth, Facebook, Twitter, JDVance1, JDVance.com is my website. | ||
| And I'll come and chat with you if you'll have me again. | ||
| Vance, you knew this was going to be tough when you ran. | ||
| Did you think it was going to be this tough? | ||
| It's been tough, but it's been fun, man. | ||
| It's been fun. | ||
| Senator J.D. | ||
| Vance, one of the leaders of the MAGA and America First movement, and our voice in the United States Senate, kind of becoming a line in the Senate. | ||
| He's thrown down on some hard fights, a lot of hard fights ahead, particularly in the next couple days. | ||
| You'll give us a heads up after you get your briefing later this week about the situation? | ||
| Absolutely. | ||
| Okay, short commercial break. | ||
| We're going to be back in the war room. | ||
| We're going to focus, we're going to pivot now. | ||
| Historic vote today that you were the ones that drove. | ||
| Jim Jordan will be put in nomination by Elise Stefanik. | ||
| Today sometime afternoon in the first vote and we're going to see what happens. | ||
| Like I said, we get under 200 in the first. | ||
| We're going to have a long day. | ||
| Back in The Worm in a moment. | ||
| Joe Biden has been able to consolidate NATO and consolidate everybody's confidence in him. | ||
| But it's interesting, the very things you're saying about Israel, you could say about Ukraine. | ||
| Talk about that continued battle for the hearts and the minds of the global South. | ||
|
unidentified
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Yeah, well, I mean, it's clearly an issue. | |
| I mean, be in no doubt that China and Russia see that as a principal objective to win over the global south as far as possible because they consider that collective vote, if you like, to be an important one. | ||
| And then I would just say one thing, Joe, you know, Europeans may not be as united as we necessarily think. | ||
| I mean, if you just look at the past more than a week, they've struggled. | ||
| They suspended aid to Gaza, then they reversed it. | ||
| I'm told that there was actually fury when Ursula von der Leyen went to Israel on Friday and failed, in the view of some, to combine support for Israel with explicit calls for restraint. | ||
| It was only on Sunday night that all the 27 countries of Europe united in a statement to say we strongly emphasize Israel's right to defend itself in line with humanitarian and international law, but also reiterate the importance of ensuring the protection of civilians. | ||
| So just think about the Europeans who are worrying. | ||
| One European diplomat said to me they're worrying about their local situation. | ||
| We just saw that alleged terror attack overnight in Brussels. | ||
| They're worried about their situation. | ||
| One European diplomat said to me, we don't want to import this crisis. | ||
| So there's a lot of nervousness in a lot of places about how this plays out. | ||
| And if you talk about the Arab world, it is understandable that Arab leaders will have front of mind the view of the Arab street, because that hasn't gone away despite the Abraham Accords. | ||
| So, and then in terms of the Global South, the message that China and Russia consistently try to send, and you may think it's laughable, they try to send the message that we're the underdogs, just like you, we're on your side. | ||
| And that, I think, is the danger, is that if that takes hold, that idea that the Palestinians are the underdogs, this starts to turn the long way. | ||
| I think that's part of the reason why you heard President Biden so concerned about the idea of an Israeli occupation of Gaza. | ||
| Michael, the question is, if there's that many people recoiling in taste and gut to the Jordan flavor, then what's going to happen tomorrow? | ||
| Where did they go? | ||
| Where did they go? | ||
| They go through the process. | ||
| The thinking is, OK, well, if we just force a vote on the floor, then this is going to embarrass the party, which I find laughable at this point. | ||
| But OK, we'll play. | ||
| It's going to be embarrassing if you have to go through more than one vote. | ||
| And that's going to bring people around to Jim Jordan. | ||
| No, it won't. | ||
| I mean, you just heard a member go, you know, this is a coup. | ||
| I don't want to participate in a coup. | ||
| And the coup began when eight members of the House caucus, Republican caucus, kicked McCarthy out. | ||
| So you can't even mansplain this against the Democrats at this point. | ||
| Well, Michael, Jim Jordan may have coup experience, but they weren't winning coups. | ||
| He does! | ||
| They weren't successful coups. | ||
| We tried to subpoena him on it, and he didn't play. | ||
| He wouldn't show up for the subpoena. | ||
| And this is the guy now that you're going to put in, you know, to represent the constitutional principles that, you know, the Speaker typically represents, despite the politics. | ||
| So it's a real problem right now. | ||
| In the end, does he get it? | ||
| I would probably say yes, because who else is going to raise their hand? | ||
| Some conversations, Democrats have been reaching out to some more moderate members. | ||
| There's some talk about a Tom Cole possibility, finding that compromise candidate, Ari. | ||
| But then, whether it's a compromise candidate or Jim Jordan, what happens next? | ||
| Does the caucus allow them to sit down with the President of the United States of the opposite party, Joe Biden, and settle the budget issue? | ||
| Do they come to an agreement on the Middle East and Israel? | ||
| What about Ukraine? | ||
| These issues do not go away for whoever the next speaker is. | ||
| And if a caucus has already decided hell no on all three of those things, or at least two of them, what does that speaker do? | ||
| How does he corral the votes, put them on the floor, so that there's a win for the country? | ||
| Okay, welcome back. | ||
| Historic day. | ||
| Up into your post, you've got to man the ramparts now. | ||
| You, this audience, has driven this historic moment. | ||
| Just to put it in perspective, a couple weeks ago, you took down a sitting Speaker of the House. | ||
| And they're not, the D.C. | ||
| Uniparty is not happy with that. | ||
| They're plotting every second of every day to come back to power. | ||
| They're not thrilled that you have a voice, and they're not thrilled that you now have found that you have political muscle. | ||
| In the toughest fight of all, which is these fights on the hill against the old bulls that run appropriations and the folks that run the armed services committee and these other chairmen. | ||
| They don't like the fact that you're calling them out and you're beating them. | ||
| So it's an intense fight. | ||
| This fight right now, you have to be completely focused. | ||
| Grace has up their social media. | ||
| Grace has up their numbers. | ||
| 202-225-3121. | ||
| You have those up. | ||
| Make sure you call right now. | ||
| This is vitally important. | ||
| At noon today, We're going to get what we've been demanding, and what we've been demanding is to get public votes. | ||
| We want people on the record. | ||
| No more backroom deals. | ||
| No more anonymous votes. | ||
| Get it out there. | ||
| Hey, we're big boys and girls. | ||
| The American democracy can take this. | ||
| What we need to do, and this is what has driven such incredible power from the beginning. | ||
| What has driven such incredible power from the beginning is your voice starting in January of this year. | ||
| You have driven to this place today We're on the cusp of actually having Jim Jordan. | ||
| And hey, Jim Jordan is far from perfect. | ||
| I got that. | ||
| In fact, immediately we're going to have a huge fight on the CR. | ||
| You're going to have a huge fight on the budget bills. | ||
| You're going to have a huge fight on Ukraine, trying to bifurcate Ukraine from Israel. | ||
| You're going to have a big discussion about Israel. | ||
| How do we actually help Israel? | ||
| And not how we just follow these neocons that are determined to drag us into a broader Middle East war, okay? | ||
| That we can't fight right now because the simple reason is we've got an invasion on our southern border, we have a financial economy, and particularly a balance sheet over the Federal Reserve that's about to collapse, and we've got the Chinese Communist Party with Putin The KGB and the CCP are meeting today, even as we speak, and what they're doing is that they're meeting right now and they're working with the Persians. | ||
| This entire situation is because we've allowed this to deteriorate. | ||
| We've allowed this to deteriorate. | ||
| Do we have another clip from this morning we can play? | ||
| Let's play the military clip. | ||
| Can we go ahead? | ||
| Okay, let's get on top of this. | ||
| I've got a lot of clips I want to play this morning. | ||
| They said right there in that clip right there about the Global South. | ||
| Remember, at Birchgold, what we've been telling about the entire time is the Global South now is what's called a good construct to think about is BRICS. | ||
| Okay, the BRICS nations, these are the nations, this is the emerging growth nations of the world that control the resources. | ||
| In controlling the resources, they also want to get off the dollar system. | ||
| They understand that we control the world through the Federal Reserve notes, through the dollar. | ||
| Every transaction in the world has to be translated into dollars. | ||
| They want to get off that system with de-dollarization. | ||
| The de-dollarization movement. | ||
| This directly relates to our ability to finance our deficits and debt. | ||
| The Treasury Department actually got back to E.J. | ||
| and Tony late on a Sunday night. | ||
| The Treasury Department of the United States government got back to E.J. | ||
| Uh, where he went there for war room and said, Hey, how come you haven't given us the accounts of how the fiscal year ended? | ||
| It normally is by, uh, it's by regulation. | ||
| It's got to come out a couple of days afterwards. | ||
| You're already late. | ||
| And they said, well, you know, it's the end of the year. | ||
| We got a lot of dude. | ||
| They're over there right now trying to cook the books. | ||
| They're trying to show you that the deficit's not $2 trillion, $2 trillion. | ||
| When the people that cut the debt deal at the time, there was going to be under a trillion dollars. | ||
| We are adding debt because of these incredibly high interest rates. | ||
| As we told you, it's the refinancing of the six to eight trillion dollars that we have to refinance this year that was done in an average of about 1.2% that we're going to have to refinance at 5% or higher. | ||
| That is a crushing blow to the American economy. | ||
| And right now you have CENTCOM, and CENTCOM is a combatant commander. | ||
| We have a number of these combatant commanders that run certain areas of the world. | ||
| CENTCOM is essentially the Middle East. | ||
| The CENTCOM, the combatant commander, who's normally headquartered in Tampa, is today in Tel Aviv. | ||
| And what is he in Tel Aviv for? | ||
| Of course, they're going through the plans and talking about what's going on. | ||
| The commander-in-chief of your armed forces is there tomorrow. | ||
| This hasn't happened since World War II. | ||
| This has not happened since, I don't know, the Casablanca Conference or Cairo. | ||
| And those conferences took place after we had a couple of victories under the belt. | ||
| And they were talking about what's the next phase. | ||
| This is terrible optics for the world. | ||
| They're going to say, well, it's showing the Persians that, you know, we're committed. | ||
| What it's showing the world is that what the Israelis do next in Gaza Biden owns this entire situation right now is so Biden can get there tomorrow and be war leader like FDR, right? | ||
| That he or like Lincoln that everything that came before all the Hunter Biden, all the madness, the destruction of our economy, the invasion of the southern border that all gets put away. | ||
| Because all everybody wants to talk about, all everybody wants to talk about is the Mideast War and what's happening in Israel. | ||
| We cannot and we will not in the war room allow that to happen. | ||
| Right now, more important things is the financial condition of this country and the lies and misrepresentations are told to you every day. | ||
| Number two, or at the same time I guess another number one, is the invasion of the southern border. | ||
| If we don't solve those two problems, we're not going to be there for Israel, we're not going to be there for Taiwan, we're not going to be there for any of our allies. | ||
| None of them. | ||
| Because we're going to be too weak. | ||
| That's why this vote today Is it perfect? | ||
| It is not perfect. | ||
| We are immediately going to be in a confrontation with Jim Jordan. | ||
| That's okay. | ||
| Jim Jordan's a good man. | ||
| Jim Jordan's a solid guy. | ||
| We would love to have Mark 1, Mod 0 of Jim Jordan back in the old days when he started House Freedom Caucus. | ||
| Remember, Jordan was with us on taking down Cantor. | ||
| Jordan was with us on taking down Boehner. | ||
| Jordan was with us on the first time of taking down McCarthy. | ||
| Jim Jordan was with us on some tough fights. | ||
| Short commercial break. | ||
| We're going to be back in a moment. | ||
| We've got a lot to go through. | ||
| Congressman, I think Ralph Norman, one of the budget hawks, is going to be up here, because right off the bat, you're going to get CR right in your grill. | ||
| But today, man the ramparts. | ||
| 202-225-3121. | ||
| And particularly, Grace and Mo are going to put out, I think there's six or eight public, still public, with Steve Womack, our favorite, what they call the Cardinals or the Old Bulls. | ||
| Make sure Congressman Womack's hearing from you. | ||
| 202-225-3121. We'll be back in a moment. | ||
|
unidentified
|
202-225-3121. | |
| Here's your host, Stephen K. Bannon. | ||
| Okay, we have a financial crisis in this country. | ||
| Axios yesterday said, oops, oops, the financing charges right now are out of control. | ||
| Why? | ||
| Because what we told this audience about a month ago, the refund, when you have 33 trillion in debt, that's the principal amount, right? | ||
| Plus you got, what, nine trillion over at the Federal Reserve. | ||
| That debt, a bunch of it comes rolling up all the time. | ||
| We do short-term financings. | ||
| We do, you know, I don't know, 30s. | ||
| We do, you know, one years. | ||
| We do five years, right? | ||
| But you do a lot of short-term financing. | ||
| That has to be rolled over. | ||
| A lot of this, and particularly the longer-term debts that's coming off, was all done in the old zero interest rate days. | ||
| That's all coming due now at 5% interest. | ||
| The interest expense, they already said yesterday in Axios, guess what? | ||
| It's going to be $800 billion this year. | ||
| That seems to me to be close to the defense budget, the out-of-control defense budget. | ||
| Here's what you got, folks. | ||
| You have this, in mathematics, the law of large numbers. | ||
| Right now, it's getting so big, it's going to metastasize. | ||
| It's going to get bigger and bigger. | ||
| Every decision That is going to be made in American politics, is going to have the specter of this massive debt that we have in these deficits. | ||
| The Treasury Department, let me just repeat, the Treasury Department got back to E.J. | ||
| and Tony for the first time in his life on Sunday. | ||
| Because they follow the show, they know we're hammering them. | ||
| They're late on showing us where the fiscal year actually ended with cash money. | ||
| I don't want to hear any happy talk about these accounts, that accounts, you know. | ||
| Like I used to say when I was in finance, EBITDA. | ||
| EBITDA is an opinion. | ||
| Cash is a fact. | ||
| Show me the money. | ||
| We want to see what were the accounts at midnight on the 30th, and here's what you're going to see. | ||
| We didn't do it. | ||
| The reason this thing is taking so late, they're over there cooking the books right now. | ||
| They're trying to figure out all the games they can play with student debt. | ||
| There's all kind of accounting tricks they're going to try to play to show you that we got 5 trillion in revenue. | ||
| That didn't happen. | ||
| Why? | ||
| The economy's slowing, and you can't hide it, particularly capital gains taxes. | ||
| Ralph Norman's been one of the hawks. | ||
| Congressman Norman, first, talk to us about this historic today. | ||
| What's going to happen? | ||
| How do you see it unfolding before we talk about the dire straits of America's finances? | ||
| First of all, Steve, Jim Jordan is our candidate. | ||
| Jim Jordan is our designee. | ||
| He's done a great job over the weekend to convince those continue to hold out. | ||
| We will have a speaker today. | ||
| It doesn't matter how many rounds that Jordan has got a solid block that will put him in as speaker. | ||
| I expect probably several rounds of voting, which is okay. | ||
| There's nothing magic about that. | ||
| I wish it was in the first round, but he will be speaker today and there's no better messenger for the upcoming 24 elections to get this madman out of the White House than Jim Jordan. | ||
| So I expect him to be elected today. | ||
| You're not concerned. | ||
| We're hearing that there's a bunch of these votes, or some of these votes, on the resistance. | ||
| Some people are giving up because of the War Room Posse and others are pounding them 24-7. | ||
| But they're good for one round or two, but after that they're free agents. | ||
| Any concern about that? | ||
| No, because it is what it is. | ||
| Everybody has a vote, Steve, and the great thing is they're having to stand up Uh, in front of the world and say who they're voting for. | ||
| And that changes a lot of people's minds, uh, when they have to do that. | ||
| You know, we've had secret ballot votes, which really are meaningless. | ||
| The fact that we're doing what we're doing, it's the right time to do it. | ||
| And we'll find out today, but I feel real confident with, with Jim Jordan. | ||
| Uh, how are you going to vote against Jim Jordan? | ||
| He is, you know, he's the real deal. | ||
| He's been a, been a stalwart patriot for a long time. | ||
| And, uh, he's just the right man for the job. | ||
| There is nobody else other than Jim Jordan. | ||
| We hear about some of the old bulls, particularly in the South. | ||
| These committee chairmen have been working with the Democrats and they have an alternative plan which is either put Patrick McHenry in for some temporary or maybe even go back to McCarthy. | ||
| Are you concerned about any of that? | ||
| That was put before the caucus last night. | ||
| And I want to give, you know, Patrick McHenry, you know, powers until a certain date. | ||
| No, that's we got to elect a speaker, Steve. | ||
| You know, we've got things to do. | ||
| It's been two weeks now. | ||
| And why delay it? | ||
| And no, that won't fly. | ||
| And I don't think anything other than putting Jim Jordan in office as speaker is going to work this time. | ||
| And I think you'll see good things to happen, and I think, you know, if not Jim Jordan, then who? | ||
| I don't think there is anybody else. | ||
| Congressman, you're saying at the struggle session, you guys are having struggle sessions now, like the CCP used to do during the Cultural Revolution. | ||
| In the struggle session last night, they actually proposed, the old bulls actually proposed their deal with cutting a deal with the moderate Democrats to put McHenry in on some interim basis. | ||
| That actually got proposed? | ||
| Well, he got up in front of the, and I won't name names, he'll tell you if he wants to, but he was an old bull, been around probably 20 plus years in Congress. | ||
| Yeah, and he said, my resolution will have Patrick McHenry is, you know, give him the powers of the Speaker to last till, I think he said, November 17th. | ||
| You also had rumors of Mike Rogers out of Alabama talking to the Democrats. | ||
| He's since changed, he's seen the light, and he is now with Jim Jordan. | ||
| So I think it'll be a chain reaction once we start standing up and having to announce in front of the world who we're supporting. | ||
| But yeah, the resolution with McHenry was actually put on the floor last night and nothing came of it. | ||
| He just said it and then sat down. | ||
| Walk me through, you've been one of the big, if not the leading voice on the Budget Hawks. | ||
| Once Jordan's in, We have some unpleasant business. | ||
| And remember, Congressman, the War on Posse, we pride ourselves on being the hard right, particularly on finances, of this movement. | ||
| Off the bat, we just had Senator Vance here. | ||
| The Senate hasn't moved any appropriations bills. | ||
| So November 17th is looking, is coming at us like a freight train. | ||
| Walk the audience through what happens. | ||
| Well, what Jim Jordan, the plan he's laid out Is one to put a focus on getting the eight remaining appropriation bills through with a top line number and getting it over to the Senate. | ||
| I've heard the same thing you have, Steve, that they're just not going to take it up. | ||
| Well, we can't control the Senate. | ||
| Our job is to get it over there to them. | ||
| We have got a crisis with our debt and I've heard the figure 800 trillion. | ||
| Our budget for the whole military is right at 826 to 830 And it's out of control as it is. | ||
| It's 20,000 per second for interest on this country. | ||
| We can't sustain that. | ||
| So that's one of the challenges the next speaker will have and anybody will have. | ||
| But I will tell you with Jim Jordan, you can trust him. | ||
| When he says he's going to put a prior priority on it, he will do it and he will rally the troops to make sure it's done. | ||
| This is what I think frustrates this rising populist movement that's now becoming aware of the country's finances and how it's inextricably linked with everything. | ||
| You come out of the real estate business, you're quite interest rate focused. | ||
| What do your colleagues not understand? | ||
| About where we stand with this debt, the face amount, but because of the refinancing of the old debt, this thing's exploding. | ||
| Now, this is why Treasury's holding back the numbers, because this fiscal year is going to look so much worse than they had forecasted. | ||
| So much that the debt ceiling guys at McHenry and these guys that cut this deal were working off financial models that are no longer even relevant. | ||
| What is it about your colleagues that do not understand in this moment that this is the paramount... If we don't face this crisis like adults, the country's over. | ||
| Because you're not going to be a friend and ally to Israel. | ||
| You're not going to be a friend and ally to Taiwan. | ||
| For those of you so inclined, you're not going to be a friend and ally to NATO or to Ukraine. | ||
| You can't do it because we don't have the room. | ||
| We're going down the exact same path the British Empire went down. | ||
| So you being someone that's a businessman and understands finance, what is it about your colleagues that they fail? | ||
| And I'm talking about the Republicans. | ||
| The Democrats are out of control radicals. | ||
| But I'm talking about even guys on our side of the football, sir. | ||
| One, they're not, for the most part, to be quite honest with you, they're not business people. | ||
| They just haven't been in the business arena. | ||
| Secondly, a lot want to keep their job in Congress. | ||
| Believe it or not, there won't be a job to keep if we keep going like we are. | ||
| In my real estate world, if your interest on the debt that you owe, when you can't pay that, you've got a problem. | ||
| Everyone listening to this program has got a family budget they deal with. | ||
| If your income continues, if you're underwater for as long as this country has been underwater and spending things where it's anything but strong, a strong military arsenal, we've got a problem, Steve. | ||
| We've got so many issues we're facing. | ||
| But again, we just have to start with putting a speaker in place who will emphasize and will focus on getting people in place. | ||
| And, you know, David Schweikert has done a good job on charts and showing the severity And look at, as an example, Social Security. | ||
| Look, it's going bankrupt in five, four, five years. | ||
| Look at the Highway Trust Fund, going bankrupt. | ||
| And you just can't continue to ignore this. | ||
| And really, that's our top priority, along with, hopefully with a new president, getting this country back on track to defend itself. | ||
| You can't defend from weakness, and that's what this administration is doing. | ||
| They're asleep at the switch, and as you say, the Democrats, there is no crossing the lines with them. | ||
| They're socialists, they're avowed socialists, and they make no bones about it. | ||
| As a real estate guy, how much do you fear right now mortgage generation, home buying is at, I don't know, a 30 or 40 year low because of interest rates? | ||
| Commercial property, banks are sitting on ticking time bombs, not just the government bonds they own of the unrealized losses, but all the, they haven't marked to market the commercial real estate. | ||
| China is in, one of the reasons China is in Persia in the Middle East is to distract their population from the implosion of the commercial property market. | ||
| As a former real estate developer and investor, How much do you fear the real estate market in this country collapsing and taking down our economy with it? | ||
| Well, it's a big fear. | ||
| I mean, we're in the commercial real estate industry. | ||
| I can't tell you the number of uh... big name tenants that while they're sign is on the door they're not paying rent and the reason is because they're not having the the sales that i've been able to with inflation they can't mark up all of their goods to cover their cost and what are they doing the coming to the uh... to the uh... landlords and saying here's what i can pay now what do you go if you have a fifty thousand square foot building what do you go say when the tenant comes to you says this is what i can pay | ||
| the outfit cost alone uh... they've got tremendous bargain power with that because you can't go in and reach cut it up and reshape buildings to conform to tenants. | ||
| So it's a real concern, particularly in the commercial market. | ||
| You're going to see banks tightening up as they've already done. | ||
| South Carolina is a state that has people moving in. | ||
| I talked to my son last night. | ||
| Things are slowing up. | ||
| You let rates tick up even more, and even though we've got people coming in, they can't The household incomes, they won't qualify. | ||
| So from the commercial market to the home building market, we've got severe problems. | ||
| And we've got to face them now rather than later, because there is no runway for a happy landing on this. | ||
| Congressman, what's your social media? | ||
| We're going to be all over our people at the ramparts right now, making sure they're calling the recalcitrant people. | ||
| We'd love to get this done, the first ballot or the second. | ||
| How do people follow you today, Congressman Norman? | ||
| RepRalphNorman.com. | ||
| Congressman, we'll have you on here a lot talking about the finances, because I got to tell you, it's a crisis and very few people in this imperial capital are informed enough or understand it enough to deal with it. | ||
| And it is a ticking thermonuclear weapon right now for the American people. | ||
| And it's going to lead to our demise. | ||
| It's here. | ||
| It's here now, Steve. | ||
| Congressman, thank you very much. | ||
| Okay, we're going to take a short commercial break. | ||
| Make sure you go check out birchgold.com slash Bannon right now. | ||
| Understand, we see Putin in Beijing. | ||
| Was she? | ||
| That's the Global South. | ||
| That's the BRICS. | ||
| Their number one focus is to do what happened to the pound after World War II, is to the de-dollarization movement. | ||
| Right now we're having a tough time selling the bonds. | ||
| Yellen's saying we've got plenty of money for Ukraine, plenty of money for Israel, but she can't sell the bonds. | ||
| The interest rate's got to go up. | ||
| Why? | ||
| People think they may have too many dollars. | ||
| This is a global crisis. | ||
| Global crisis of economics, of finance, of geopolitics. | ||
| And the entire time, we have a massive invasion on our southern border that the elites in this country not just refuse to look at, but exacerbate. | ||
| You are the deciding vote today. | ||
| Make sure you put your shoulder to the wheel in the war room. | ||
| Back in a moment. | ||
|
unidentified
|
Here's your host, Stephen K. Bamm. | |
| Okay, we're a long way from, uh, we're a long way from getting this done today. | ||
| And I want to make sure this, um, this, um, um, hang on. | ||
| Okay. | ||
| Um, This could take several ballots today. | ||
| So here's what's going to happen. | ||
| Let's get some programming notes and I'm going to do some producing live on the show as my staff always love it when I do. | ||
| I'm giving them stink eye and they're giving me stink eye back. | ||
| We're going to live at noon. | ||
| This is going to happen, this historic vote. | ||
| We're going to be on getter. | ||
| If you haven't gotten to getter, you're missing all of my missives all night long. | ||
| Of course, Ben Harnwell, the whole team, Grace Chung, Queen of the Trolls. | ||
| You think she's bad on Twitter, check her on Getter. | ||
| Moe, the entire team. | ||
| So, Getter will be live streaming. | ||
| The vote. | ||
| We'll pick up the C-SPAN's feed and do it, and I'll be giving commentary as those in the chatroom love me to jump in there. | ||
| Also on Rumble, we'll be going up live there also for the Rumble crowd. | ||
| That Rumble crowd's a little rough. | ||
| I kind of dig it. | ||
| It's a little rough. | ||
| The Getter crowd is, they're two different, you know, it's House of Lords, House of Commons. | ||
| I don't want to say which is which, but you got to come into that Rumble chat. | ||
| That's not for the faint of heart. | ||
| They get it on over there. | ||
| Getter does too. | ||
| Getter does too, but the Rumble, man, that is rough. | ||
| That's rough and raw over there. | ||
| We're going to be up historically. | ||
| I think Stefanik is going to put him in nomination, and then we're going to roll. | ||
| And we've demanded these public votes. | ||
| Think about it. | ||
| We broke some news. | ||
| In fact, Grace texted me. | ||
| I didn't see that on Jake Sherman. | ||
| I didn't see it on anybody. | ||
| They actually put forward, formally, Here's how much they think of you. | ||
| Here's how much they enjoyed your activity over the weekend because you, this audience, is what brought us to this point. | ||
| And it's historic in its nature. | ||
| You took on over the weekend the Old Bulls. | ||
| That are these congressmen, they're in these MAGA districts, but they're dug in, they've been around forever, and they run, they call them the cardinals. | ||
| They run the big committees, the ones that count, the ones that deal with money and power. | ||
| The two most important are Appropriations and Armed Services. | ||
| You notice, you know, Judiciary and Oversight, those are the ones that get the big hearings. | ||
| You have guys jumping in there. | ||
| And you know, you got Matt Gaetz. | ||
| It's all Showtime. | ||
| Jim Jordan comes from that area. | ||
| But yeah, that's the front porch. | ||
| The engine room where stuff gets done in this town is about money and the allocation of money and with it power. | ||
| We are fighting a spiritual war. | ||
| But as you know, in every spiritual war, you got to get down, even St. | ||
| Michael, you got to get down into the trenches if you're going to win it. | ||
| And this is trench warfare. | ||
| It's not pretty. | ||
| It's oftentimes quite contentious. | ||
| It's not glamorous. | ||
| You know, and I love the influencers, but when you got some influence sometimes, this is where, boom, you're down in it. | ||
| And this weekend, we found out something. | ||
| Something was revealed. | ||
| And that is, the Cardinals or the Old Bulls may not have as much power as they think they have. | ||
| You scared them. | ||
| A lot of the blowback coming here is that they didn't like the rough tactics this weekend. | ||
| They don't like hearing from the Kulaks. | ||
| Nah, that's not what they want to do. | ||
| They don't like that. | ||
| This is a country club up here. | ||
| They're the elect. | ||
| They're your bettors. | ||
| And they don't want to hear from the hobbits. | ||
| They don't want to hear from the unwashed masses. | ||
| Well, this weekend you gave it to them with both barrels. | ||
| Both barrels. | ||
| And they didn't like it. | ||
| And you had a – remember, everything in life up here is negotiation, leverage points, forcing functions. | ||
| This is how – because they're just not going to sit there and go, oh, lovely. | ||
| This is what the grassroots wants. | ||
| This is what the MAGA movement wants. | ||
| This is what the deplorables want. | ||
| Yeah, fine. | ||
| Let's do what they want. | ||
| The world doesn't work like that. | ||
| If the world worked like that, we wouldn't be in the situation we're in. | ||
| Because you've worked for and elected enough pencil-neck establishment Republicans that have come up here and rolled over. | ||
| You ain't rolling over. | ||
| Because you said, hey, I'm fighting for my country and you guys are more emblematic of the revolutionary generation than anything we've ever had. | ||
| Since that time. | ||
| Since that time. | ||
| You talk about the Constitution, you talk about the love of the country. | ||
| Hey, at some point you got to roll your sleeves up and get down in it. | ||
| And you guys are in it. | ||
| This weekend was trench warfare and we won. | ||
| We think. | ||
| Because the other leverage point we had, the other forcing function, remember all the stuff last week? | ||
| And look, some people that are real allies of ours were saying, no, you only come to the floor, you got 217. | ||
| No, no, no, no, no, no, no, no, no, no, no, no, no. | ||
| Then you're going to have backroom deals. | ||
| You're going to have all this. | ||
| Let's get up. | ||
| And we advocated Jordan. | ||
| As soon as you get the nominee, boom, just go right. | ||
| In fact, we want the nominations to be public, but that wasn't going to work. | ||
| We couldn't win that one, but get right up and go to the floor on Friday afternoon and expose them! | ||
| Make them stand up in front of their constituents and let's have votes! | ||
| Hasn't that been a clarifying? | ||
| Didn't we say that this process would unmask people? | ||
| And that you would see who actually governed you? | ||
| And you would see if they have your consent? | ||
| Do they actually have the consent of the governed? | ||
| This is how the imperial capitals run for decades after decades after decades after decades. | ||
| Like right now, my big beef is not the defense of Israel. | ||
| Israel's right to defend itself or are working with Israel for her defense. | ||
| In people who try to make sure that Israel is defended. | ||
| My problem is people that are just blindly running around. | ||
| And we're going to get into something that's so deep, and trust me, there'll be people in this country who want to cut Israel loose in a New York Second. | ||
| And if we want to defend against that, you've got to think it through at the beginning. | ||
| What this imperial capital has run for decade after decade after decade, you get a Vietnam War, and then you get the Pentagon Papers at the end. | ||
| You get an Afghanistan War, and then you get the Washington Post's Afghanistan Papers after 20 years. | ||
| You get 9-11, where we still don't actually have, you've still got redacted pages. | ||
| on the 9-11 report. | ||
| We still don't have a full understanding of Pearl Harbor. | ||
| We don't fully understand the Kennedy assassination. | ||
| We don't fully understand the whole weapons of mass destruction, how we got in Iraq, what the objectives are. | ||
| All that is just sleepwalking. | ||
| We're just sleepwalking. | ||
| Well, this audience are the wide-awakes. | ||
| You talk about a great awakening? | ||
| They're awakened. | ||
| The average citizen. | ||
| And they're the wide-awakes. | ||
| And they're not having it anymore. | ||
| They want to have an adult. | ||
| They're adults. | ||
| They want to be treated like adults. | ||
| They want to debate like adults. | ||
| And they want to get down on it at the beginning. | ||
| That's what this vote at noon is. | ||
| I can't tell you what a massive victory. | ||
| With Jim Jordan, with all his faults. | ||
| Remember, Donald Trump has faults. | ||
| Tucker Carlson, Steve Bannon, Sean Hannity. | ||
| Jim Jordan. | ||
| All of us. | ||
| Grievous. | ||
| But let's take the win. | ||
| But first we gotta get the win. | ||
| Short break. | ||
| Second hour. |
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