All Episodes
Oct. 20, 2023 - Bannon's War Room
48:30
Episode 3117: The Backroom Knifing Of Jordan
Participants
Main voices
c
caroline wren
08:12
m
matt schlapp
09:26
s
steve bannon
22:14
Appearances
b
boris epshteyn
02:41
r
rachel maddow
01:09
| Copy link to current segment

Speaker Time Text
unidentified
The most popular Republican in the United States Congress was just knifed by a secret ballot in a private meeting in the basement of the Capitol.
It's as swampy as swamp gets and Jim Jordan deserved better than that.
Hi everybody.
House Republicans will return on Monday at 6.30 p.m.
for a candidate forum followed by an election process on Tuesday morning at 9 a.m.
The reason why I made that decision is we need space and time for candidates to talk to other members.
It's fair to say that Leader Scalise wasn't given adequate time.
He had 24 hours to campaign.
I don't think that was right for him.
Our nominee Jordan was given a little more time.
Not right for him.
The conference made a decision that we're going to move forward with a new speaker nominee today.
But the space and time for a reset is, I think, an important thing for House Republicans.
Manu, Jim Jordan now officially out of the race.
caroline wren
Tell us what happened.
unidentified
Yeah, I'm here right now, right outside this very chaotic moment where Republicans just voted about whether or not Jim Jordan should continue on as the candidate for Speaker.
They voted against him.
They essentially said that he should drop out of this race, and now there's going to be a candidate forum next week on Monday for new Speaker candidates who could yet emerge, and then a potential Speaker vote on Tuesday.
I'm here with Congressman Dusty Johnson, who was in that room just now.
Congressman Johnson, I'm not going to talk to you about what happened in that room.
I will reflect on what needs to happen next.
I mean, clearly there is yet another void.
We are going to have a couple more days of chaos as we try to get a sense of what's next.
To me, it reminds me how incredibly irresponsible it was for 208 Democrats and 8 Republicans to put this House into absolute chaos without any kind of a plan.
For how we were going to move forward.
Now we really do need, we really do need somebody to step forward.
Somebody who is mission-driven.
Somebody who is focused on doing something rather than just being something.
Blind ambition has distorted this process enough.
We need to go find a leader.
But you just heard...
She just said Jim Jordan was the plan.
She was one of the eight who voted to oust Kevin McCarthy.
What do you say to her?
Let's be clear.
Nancy Mace, it's been a long time since she's done anything productive to move forward this broader team.
America's got real problems.
And this is a time where we need people who are interested in problem-solving, not self-aggrandizement.
And it's frustrating.
I think most of us know, whether you come from South Dakota or South Carolina or Washington State, that there are always going to be people who are more interested in... Can you open the mic?
steve bannon
Thank you.
Dusty Johnson, I'm going to maybe play that again, from South Dakota.
South Dakota should be humiliated.
That that pencil neck, gutless, Beta Male, who Nancy Mace referred to, ought to grow a set of balls.
This guy is one of the problems.
He's one of McCarthy's mouthpieces, one of McCarthy's drones.
We are never going to give up on the fight.
What I tell you at the end of the morning show, Jim Jordan, do not come off the floor, continue to pound these people, to pound the cartel, to pound the cardinals and the old bulls who are sitting there blocking you, and just pound it, pound it, pound it.
Let's unmask these people in front of MAGA, in front of the deplorables, in front of the Republican base, the grassroots.
And do not, for any reason, come off the floor.
So what did Jim Jordan do?
Get talked in, come off the floor, and even better, let's go behind closed doors.
Let's go in a conference and have another struggle session.
We haven't had enough struggle sessions with anonymous votes.
And then Jim Jordan, he comes up with the idea he wants a secret anonymous vote whether he can continue forward.
25 people defied him on the House floor.
That's okay.
That's fine.
We understand it.
You did it publicly.
In the private vote, I think it was 112 to 86.
Almost 100 or 90 didn't have the guts to oppose him on the floor.
And when Jim Jordan saw that, he threw in the towel.
Which is fine.
We're in no hurry to do this.
Remember, it's those guys.
It's the CR runs on the 17th.
Hey, big deal.
So you shut this illegitimate regime down.
Big deal.
But we're not going to rush through this thing.
And for Dusty Johnson, that's about ego.
Jim Jordan has been grinding away here representing the grassroots for, I don't know, 10 or 12 years.
Been here longer than that.
But I mean, been pounding this.
Pounding this.
We wouldn't have Russiagate, we wouldn't have any of it.
And what did you do?
You've done nothing.
People in South Dakota ought to turf this guy out.
This is the problem.
This is the kind of gormless, pencil-neck, beta male that infests the Republican Party.
And this is the reason we're here today.
They will not stand up to the Union Party cartel.
They're part of it.
And they get the benefits from it.
He's one of McCarthy's guys, one of the biggest spokesmen for McCarthy.
And don't sit there and tell that the traders say you're as bad as Newt Gingrich.
You're totally corrupt, and not only that, you're incompetent.
And people in South Carolina ought to be getting ready to primary guys like this all around the country.
They voted for the dead deal, and they're stopping progress here.
They ought to be turfed out.
Now, do we have Boris?
Boris Epstein?
Okay.
Dueling note, everybody get ready because here's the game plan they're running.
Remember, no matter what these people, because they lie to you with a straight face, no matter what they say, virtually all of them hate Trump.
And they hate MAGA.
And they hate you.
That's why they're not responding to your demands.
Oh, it's so terrible.
This pressure campaign is so bad.
People are calling me up and saying bad things to me.
Suck it up.
I don't want to hear it.
Quit whining.
Boris, now here's the playbook.
Tom Emmer, the biggest never-Trumper in the house.
A guy who hates Donald Trump.
And is endorsed immediately by McCarthy.
McCarthy immediately.
He's got my highest endorsement.
Tom Emmer is our guy.
McCarthy's mask off.
I don't have anybody else, Brian Jack or any of these other people, tell me, oh, McCarthy's so for Trump.
McCarthy hates Trump.
McCarthy knifes Trump.
McCarthy's done nothing to move forward the impeachment.
He's done nothing to move forward anything.
No support of Trump at all.
And he just proved it because he unmasked himself with backing Tom Emmer to be Speaker of the House.
And here's the probability Tom Emmer is going to be Speaker.
Zero.
Boris Epstein, tell me about Emmer.
boris epshteyn
Keith, honored to be with you, honored to be with the posse, and it's another day where, as you said, this is pretty clear, Jim Jordan could have just kept voting, this could have kept moving and moving and moving, and who knows how it turns out on the 10th hour, 11th hour, 12th hour, and now you've got somebody in Tom Emmer who's come out publicly and has said that he doesn't have any plans to back President Trump in the 2024 primary, a primary that, by the way, is over.
Emerson Poll today, President Trump at 59, Nikki Haley, 8, and the Florida governor, 8.
So if somebody's so out of step with where the Republican electorate is, where the MAGA movement is, how can they even be in the conversation?
We need a MAGA speaker.
That's what it comes down to.
Because if you look at the numbers, if you look at the energy, if you look at the heat, this is the Trump party.
This is the MAGA party.
It is no longer the old school, tacky, establishment Republican party.
steve bannon
So and by the way, don't bury the lead.
A Blockbuster Emerson poll today.
boris epshteyn
Blockbuster.
steve bannon
Emerson not being, Blockbuster not being Gateway Pundit or Richard Barris or Trafalgar.
This is a left-wing or center-left poll.
It wasn't so much the 59% for President Trump, which is an amazing number.
Governor DeSantis, 8%.
All the Keebler elves are all single-digit, one-digit midgets.
The highest is Nikki Birdbrain.
Let's bomb them tomorrow.
Nikki.
Nikki, Nikki, Nikki.
She's at 8%.
Of course she's up, she's got a little momentum.
DeSantis is at 8%.
How does that happen?
How does the golden boy... Is Casey still talking to him?
At 8% is she still talking to him?
Or is she looking over his shoulder?
Is there a better possibility out there?
unidentified
8%!
steve bannon
DeSantis will not make it to Iowa, dude.
Boris Epstein.
boris epshteyn
Well, it sure looks that way.
The Florida governor is somebody who has been completely exposed.
The story coming out just now, he tried to pull a political stunt.
Israelis out to America, they got stuck on Cyprus for days, stranded on Cyprus.
The Florida governor has been exposed as somebody who has absolute no talent, who's an old-school establishment rhino, and doesn't have any future, let's be honest, in the Republican Party or in the country as a whole.
unidentified
Unless he goes and gets a complete amazement over everything.
steve bannon
As we've said, this thing is obviously, and by the way, Ronna McDaniel and Dave Bossie, Dave Bossie, you ought to be ashamed of yourself.
They've got to shut down that third debate.
We're wasting money.
We're wasting hundreds of millions of dollars coming after Trump.
He's going to be the nominee.
We've got to get focused on taking out Biden or Newsom or Oprah or whoever it's going to be.
They gotta shut this thing down.
That's over.
How can we have Trump being the presumptive nominee and dominating the primary and have Tom Emmer, a Trump hater, just get endorsed by the Speaker of the House who just got fired last week and supposed to be Trump's big buddy?
How is he supporting a never-Trumper to take Speaker of the House?
This thing has been set up from the beginning.
They either want McHenry, which is just McCarthy coming back, or they want Emmer.
boris epshteyn
In what way?
Does a Senate and House leadership with Mitch McConnell and Tom Emmer represent where the Republican Party is today?
In what way are they going to be fighting for President Trump to walk back into the Oval Office and save our country?
And let's be honest, this isn't hyperbole, to save the world as a whole.
Look at where the world is.
It is falling apart at the seams.
And by the way, want to talk about money?
Look at that $100 billion.
Over $60 billion of that is going to Ukraine, and only $14 billion is going to Israel.
It's a scam.
Scam.
It's a scam.
unidentified
Scam.
boris epshteyn
A Democrat and a crooked Joe Biden are not scamming the American people.
You're fooling yourself.
unidentified
And if you put some money in the laundry, it's a money laundering operation.
Right.
steve bannon
By the way, of the money even going to the border, it's all for processing.
It's to process the invaders up here quicker and deeper.
Boris, what's your social media, brother?
I know you've got a lot of work to do with the President.
I don't want to keep you too long, but I knew you had specific commentary on Tom Ember being the next Speaker of the House.
It's outrageous he's even put up.
So we've got to snuff this one out now.
boris epshteyn
The specific commentary is that the next Speaker has to be a Speaker who represents Today's Republican Party, which means fights for MAGA, fights for President Trump, and vitally, fights for America.
My information, the website is hot, boriscp.com, hot on boriscp.com, hot on getter at boriscp, twitter at boriscp, hot on truesocial at boris, the hottest telegram, boris underscore epstein.
Stay strong, God bless, and Shabbat Shalom.
steve bannon
Thanks, Boris.
Great commentary.
Okay, Caroline Wren is with me in studio.
Matt Schlapp's going to join us here in a few minutes.
Caroline, I know you've got some particular commentary on this, but before we go to break, I've got to go back to the RNC and I've got to go back to this debate.
Emerson comes out today.
Trump's at 59%.
If anybody had ever been at 59% before, the Murdoch News Network would have shut the thing down if it wasn't for Donald Trump.
His number one competitor DeSantis.
Governor DeSantis.
And Caroline, how much money did DeSantis raise?
caroline wren
Well, he illegally transferred $87 million from his gubernatorial PAC into a presidential PAC, so that's a loaded question, Steve.
But he has not raised very much for his actual presidential bid, so those are people intending that money to go for governor.
steve bannon
Is he spent, either legally or illegally, what he raised, or what the sources were?
Did he put, like, over $100 million into this race so far?
caroline wren
Oh yeah, and the SuperPAC, but he's not raising much money on the campaign side, but all of his events are funded by the SuperPAC.
Every single event he does is sponsored by Never Back Down.
What's amazing to me is I love the correlation between him showing up to that donor summit that we talked about in Dallas, and then just dropping in the polls, because this is how this works.
steve bannon
His pitch was also, the pitch also, the donor thing is that, I'm strong, I'm going to win Iowa, I'm better shaped and cruise, all these other guys.
How do you make that pitch?
Who's doing his analytics?
How do you make that pitch to the people who are going to write serious checks, and a week later Emerson comes out and just says, you're at 8%?
This is a guy who one time was at 40%.
He's at 8%.
This is in free fall, correct?
caroline wren
It's been a freefall for about six months, and everyone knows it, all the people know it, but the donor class doesn't care.
They're willing to just continue to set money on fire on these fantasy, like, vanity campaigns.
Thank goodness at least Tim Scott's PAC came out and said, alright, we're not going to waste our money anymore, this query isn't going to happen for him, but he's still in the race.
So it's all just bizarro fantasy primary happening over there.
steve bannon
I'll tell you, somebody who knew it and took action, and we always admire men of action, Jeff Rowe.
Jeff Rowe, the puppet master.
Jeff Rowe's going to make more money out of losing cans.
You know what's so great?
He's stealing it right from the biggest donors.
You guys deserve it.
Jeff Rowe's going to have more mansions than the Russian oligarchs, and he deserves it because he ripped you off.
Okay, short commercial break.
We're going to return in a minute.
Caroline Wren got a thing or two to say about Tom Emmer.
Here's the scam.
Jim Jordan, a good man, threw in the towel today.
And, of course, McCarthy and the apparatus came up with the guy they really want.
The never-Trumper.
The anti-MAGA.
Tom Emmer of Minnesota.
We're gonna be back in a minute and break it all down for you.
unidentified
Spread the word all through Hong Kong.
We will fight till they're all gone.
We rejoice when there's no more.
Let's take down the CCP!
Here's your host, Stephen K. Bamm.
steve bannon
Okay, Caroline Wren joins me.
Caroline, I noticed in the Messenger, which is Finkelstein's great new newspaper, and that's pretty good coverage of everybody, big headline, Trump World, and this is breaking, Trump World vows to tank a speaker bid from House Majority Whip Tom Emmer, exclusive.
And there's a lot of Trump World names in here saying this is outrageous that they're putting up Tom Emmer.
Tell me about it.
caroline wren
It is outrageous that they're putting up Tom Emmer.
Tom Emmer is awful.
A vote for Tom Emmer is a vote for Jack Smith's investigation, to be very clear.
He's been the whip behind every single bad deal in Congress over the last two years that Kevin McCarthy negotiated was Tom Emmer whipping for it.
Whether or not it was raising the debt ceiling, funding Ukraine, not funding our border, working across to the Democrats, Tom Emmer was behind it.
This should not be a shock to us.
This is the same Tom Emmer who was the NRCC chair in 2022, constantly told us there's gonna be this massive big red wave that turned into barely a red ripple.
Only reason we even got a majority was because some people were smart in New York who were able to do some redistricting or else we wouldn't have won the majority under Tom Emmer.
It's because he spent tens of millions of dollars primarying America First Trump candidates and money that was not then raised or spent in the general election to actually elect Republicans.
This man has fought President Trump and the America First agenda every single step of the way of his career.
He's worked for Soros-backed entities before and we cannot allow it to happen.
unidentified
Whoa, whoa, whoa.
steve bannon
How's a guy that's the whip in the Republican House have worked for Soros-backed entities?
caroline wren
Because he's controlled opposition.
steve bannon
Is this fake news or is this real?
caroline wren
This is all real.
And we're going to be having a lot of that coming out in the coming days.
You're going to hear a lot about Tom Emmer and we have a lot of different information to talk about.
But the most important for me and where I really got set off is I have talked to multiple donors who have had meetings with Tom Emmer in the last year.
Tom Emmer's job is to help raise money for the conference.
And one donor particularly sat with Tom Emmer, and this is why I love her, was in Chicago and she said, you meet me at the Trump Hotel.
So Tom Emmer comes over to the Trump Hotel and meets with her and she says, he asked her for $50,000 to help elect Republicans.
And she said, point blank, have you endorsed Donald Trump?
And he said, no, and I won't.
And she said, well, you know, if you endorse Donald Trump, I'd maybe be willing to give you this money, but is it going to go to help Trump candidates?
And he said, absolutely not.
Trump candidates lose.
Not one penny of this is going to.
And so she said, well, not one penny of mine is going to you then.
This is not an isolated incident.
He has been doing these meetings for the last year with any Republican donor that he meets with.
And this is a guy that shouldn't shock you.
I mean, he certified the fake election.
He has been the wrong vote every single time.
He is Nancy Pelosi in a suit.
And everyone who watches the War Room Posse in the show needs to fight Tom Emmer every step of the way.
I don't know who the right speaker should be right now, but all I know is I'm anyone but Emmer, and everyone else should be too.
steve bannon
Look, as we said, Jim Jordan's a good man.
Jim Jordan's a solid man.
But at the end of the day, Jim Jordan didn't want this.
He didn't want to have the fight.
And there's maybe a host of reasons for that.
Jim Jordan's doing a really solid job over at Judiciary, and that's got to get a lot better, they announced.
McComber announced today they have direct evidence of Biden taking $200,000 of cash from his brother that came directly from a foreign source.
So they're now connecting the dots.
But this thing, this play, walk me through this play.
This is what McCarthy, this is what the McHenry, and you kind of knew Jordan didn't want it when he backed the McHenry play, which is just to keep the DC insider cartel, as Russ Vogt describes it, just to keep them in power.
This move is actually even more in your grill.
unidentified
Right.
steve bannon
Because this just not only keeps the McCarthy regime in place in the house, the cartel, this is really the never Trump wing of that cartel.
caroline wren
It's all about the Ukraine funding.
The McHenry play was not... McHenry was willing to be just their sacrificial lamb.
They were going to put him up in this deal with Democrats just so they can shove that spending bill through.
That was all.
And then McHenry, they were just going to probably go get him some job at BlackRock or whatever else afterwards and he was going to be their sacrificial lamb.
Tom Emmer is no different than that.
Tom Emmer has said on multiple occasions that funding Ukraine is the top priority of the United States.
I think the War Room Posse would agree with me that funding the southern border is probably the top priority that we should be thinking about, and anyone who believes that funding Ukraine over our southern border should not be our Speaker of the House.
And if you vote for Tom Emmer, if Tom Emmer is the Speaker of the House, it is not Tom Emmer, it is going to be the Democrats.
It is going to be the Democrats who are in control, and Ken Paxton laid this out so well.
He said in Texas there's 150 Republicans in the State House, 65 of which are Democrats.
What happens is those 65 Democrats come together and they vote for a Republican speaker.
So all that has to happen, Dade Phelan in Texas, you just have to get 10 of them.
10 who want to have some budget committee or appropriations committee to switch over and vote with the Democrats, that's the 75 votes that get you the Republican speaker of the house in Texas and that is exactly why they were able to and tried to take down Kim Paxton.
What they're doing right now, the Republicans are, the Emmers and McCarthy's trying to make a deal with Joaquin Jeffries is no different than that.
And we cannot, cannot, cannot allow it to happen.
And I don't care if they have to vote for the next six months or a year without a speaker.
Great, that is all time that they're not going to shove this ridiculous $100 billion package down our throat.
unidentified
Exactly.
steve bannon
What's the urgency?
I mean, MAGA, if November 17th comes and goes, and they have to shut down the government, what's the problem?
caroline wren
Well, apparently the Department of Education wouldn't get funded.
Is this the same Department of Education that every Republican candidate has run on saying that they intend to defund or dismantle?
The agencies that Republicans, when they wake up every six months out of every two years to run their campaign and actually talk to their constituents, they say, Defund or dismantle these agencies.
But for the other year and a half, when they're in there voting against the will of their actual constituents, that is what they're talking about in the defunding.
And it's actually a very small amount of our budget.
It's like 12% of actual essential jobs.
But I don't consider them ought to be essential.
Every day that the DOJ or FBI or CIA or Department of Education has no funding is a win, in my mind.
steve bannon
So talk to the Warren posse.
The number is 202-225-3121.
Now they've got a whole system they're going to go through.
They're going to come back.
I'm not making this up.
They're not working this weekend.
They didn't go right back to this.
You can't make it up.
I mean, who else in America does that?
They're going to go back and now they're going to, because they want consultation with their constituents.
How many town halls did you have last weekend, folks?
They came back and had town halls.
That's where the principal thing is.
No.
It's not to get your feedback.
All they have to do is go on social media or answer the phone at their offices and they hear it.
So make sure you're giving them an earful, particularly if you're MAGA.
What they've put up, they're going to come back and have other candidates, they're going to have a presentation on Monday afternoon, they're going to vote at the conference anonymously on Monday night to get a designee, then they're going to return and go to the House floor.
I think it's scheduled for nine o'clock right now, Tuesday morning, so we'll obviously be covering that live on the morning show.
One more time, when folks call their congressman, Right now, what should they say about the Tom Emmer?
What is the position of Trump World on Tom Emmer?
caroline wren
I would say the position of all of this has always been the same.
It was the same position in January when this fight started.
It was the same position when the eight brave patriots voted against McCarthy.
It was that you are not keeping your word.
You promised us to have single spending appropriation bills.
That didn't happen.
You promised us you were going to subpoena Hunter Biden.
That hasn't happened.
They made all these promises that have not been coming true.
And when the Republicans who have been standing up against this corrupt uniparty are doing it based on policy.
That is always, it is not personal.
What they did to Jim Jordan today was personal.
The 25 that voted against him had nothing to do with policy.
They had no actual reasons that they could give other than personal reasons.
And that's why you saw Matt Gaetz and Matt Rosenthal and these others say, you know what, fine.
We'll remove ourselves.
Vote us out of the conference.
Do whatever.
We don't care.
steve bannon
We're here to do this for the right reasons.
Tell folks what happened.
Some people might have heard.
What did Gaetz propose that would happen with the hard 8?
caroline wren
Some of the 25, they were not doing this against Jordan because they disagreed on policy again.
They wanted to punish the hard 8.
And so McCarthy and, I mean, Gates and others said, fine, punish us.
I don't care.
We will censor ourselves.
We will remove ourselves from the conference.
Whatever it is that you want, we'll remove ourselves from this whole process.
Do this vote based on policy and off the will and needs of the constituents who have been yelling and screaming as loud as possible saying that we cannot continue off of this financial cliff that you are taking us.
That is what this has always been about.
It has been about the Ukraine funding and the different financial packages that they're doing.
And it was a very selfless act that Rosendale McCarthy came up and did.
And you know what?
It doesn't matter because they gave Jim Jordan three votes.
Kevin got 15.
Remember, he continuously lost more of them.
Jim went from 20, 22, 25.
Hello, do you remember the McCarthy vote?
unidentified
It worked backwards, backwards, backwards until they got to vote 12.
caroline wren
So give me a break.
They should have stayed there all day, all night, all week in voting.
But frankly, these guys have plans.
They've got to go down to Palm Beach this weekend or Naples or wherever else.
They've got weddings or fundraisers.
steve bannon
Maybe Jordan just didn't want enough.
I want to pivot in the couple minutes we've got left.
The RNC, the polling that came out today and the continuation of these debates.
Another debate in Miami and this is with NBC so this is going to go broadcast all over the country.
You're going to have more lies about President Trump, more misrepresentations about President Trump.
Why is the RNC maniacally focused on pushing these debates on a primary that's over?
caroline wren
Well, I mean, just look how bad this is.
We had this fight over Ronald McDaniel, too, and 168 people, essentially an Illuminati, got to choose who our Republican leader is.
Can you imagine right now if we had Rick Scott as Majority Leader and we were able to have Jim Jordan as our Speaker of the House, Donald Trump back in the White House, Harmeet Dhillon or Mike Lindell as RNC Chair?
What a different country we would be living in right now.
But we can't, the UNA party is digging in their heels deeper than I've ever seen, which means we need to be fighting harder than I've ever seen.
What is so ridiculous about these RNC debates is the RNC hasn't reported yet, but I suspect that they're going to have somewhere between $5 and $7 million cash on hand.
steve bannon
I cannot even believe- A year from election day.
caroline wren
A year from election day, how anemic that is.
Now, there's a lot of reasons why, but mainly the no Republican donor I know believes that they will be good stewards of that money or use it well, as evidenced by them spending millions of dollars on these ridiculous debates.
So if no other reason than not to have these, it's the cost of them.
Why are we spending all this money to have a bunch of D team, C team debate each other You know what, just go on Newsmax and have Chris Ruddy have them all there, but instead we have these ridiculous productions, the RNC goes down, they get a hundred person room block at the four seasons, they invite the nine remaining donors that they have to come out for four days to do what?
I don't mix and mingle with these folks?
steve bannon
If the Keebler-Ls are making some progress, you might be able to justify it.
DeSantis is at 8% in the last poll.
Nikki Haley, who's got the momentum, she's at 8%.
Everybody else is in single digits.
Some of them are in low single digits.
All this is doing is it's opportunity costs.
It's sucking time and energy away.
How do people get to you?
How do they get to social media?
Where do they find out everything you're working on?
caroline wren
Sure, you can find out at Caroline Wren on Twitter, Gitter, Truth Social, any of the social media sites.
steve bannon
Okay, we're going to take a short commercial break.
We'll be back in a moment.
Matt Schlapp, head of the chairman of CPAC is here.
It's a strategy session.
The most important CPAC we've ever had, I guess, traditionally, historically, it's been the one that Ronald Reagan showed up.
I would bet that this coming end of February, this CPAC will be the most important CPAC in the history of the organization.
Mashup's gonna tell you why next in the war.
unidentified
It's all started, everything's begun, and you are over.
Cause we're taking down the CCP!
Spread the word all through Hong Kong.
We will fight till they're all gone.
We rejoice when there's no more.
Let's take down the CCP!
Here's your host, Stephen K. Bann.
Bye.
steve bannon
Okay, welcome back.
We're at the CPAC strategy session.
First off, breaking news.
BLM has shown their true colors.
They're not just pro-Hamas.
When you say pro-Hamas, it's pro-Muslim Brotherhood terrorist.
There's a huge article that you guys, one of your initiatives with Ted Cruz, are going to boards of directors and making sure that people are taking ownership of backing BLM and taking down things, forcing their hand.
That's right.
Do you back them?
And if you back them, you're backing basically murder, assassination, rape, and torture of the Israeli people?
matt schlapp
So it's a twofold thing here, which the first thing is let's hold these companies accountable that have gone full woke.
We know they're mostly white CEOs who are virtue signaling so they don't get forced out of the positions they're in and their lucrative deals.
So when you go after these people who are on the boards of these companies, they don't like it.
They don't really have much of a public profile.
When they do get media attention, it's because it's a puff piece on what a brilliant person they are strategically or financially.
And so we're staying on this BLM case.
And the big news is that, thanks to the help of Ted Cruz retweeting our tweets, that Coca-Cola pulled down their comments on BLM.
steve bannon
I mean, they're pro-comments.
matt schlapp
Yeah, they're pro-comments on BLM.
We haven't really had any company take a step back.
unidentified
Wow.
matt schlapp
And we've got to get more companies to do that.
Now, what's the other piece of the story?
The other piece of the story plays into your coverage of the Speaker's race, which is what I tried to explain to Scalise and McCarthy as we were going into this latest election was we had a chance, those of us who are Republicans, had a chance to divorce the Republican Party from both the truth and the perspective that we were a held captive of large corporations.
steve bannon
Big time.
matt schlapp
You could actually separate yourself from these large corporations.
Why?
Because these large corporations said they wouldn't use any PAC dollars to anybody who were election deniers.
So you had a majority, right, of 90% of the corporate PACs not agreeing to fund any of the races that McCarthy and Emmer and these guys were saying.
steve bannon
Remember, they bailed on us right away.
matt schlapp
They bailed on us right away.
steve bannon
So I said- President Trump went to Mar-a-Lago.
They said, we're out.
You guys are finished.
matt schlapp
My point to McCarthy and Scalise was, why don't you go right back at them and say, when we get this majority, when I have a meeting with you.
They both thought that was too aggressive.
And that's the problem we have.
They don't want to play that game.
And the game is, we actually don't need you anymore.
If we are connected to the voters across this country, and divorce ourselves from K Street and Wall Street, we'll be a much healthier movement.
steve bannon
You have the grassroots.
This is Main Street versus K Street.
That's what this battle comes down to, right now in the House.
Put it in perspective, you've been doing this a long time.
Is this the most important fight we've ever had?
matt schlapp
Steve just called me old, but it's okay, I can handle it.
And yeah, I've been doing this, you know, I'm such a loser, I've been doing politics my whole adult life, except for like a brief stint when I opened up a business for my dear mother.
That's it.
I've been doing, you know, and I've had people like you, you've made me forget all these things I thought I was smart and I knew, because it's a whole new world out there.
I do think, here's the whole thing on the speaker that people don't get.
Let's take all the personalities out of it.
When I was a staffer in the House of Representatives and Newt Gingrich who failed to speaker, no one realizes that he got kicked out.
Why did he get kicked out?
Because we actually want to make a spending fight and the only way you'll ever change Washington is through the power of the purse or unless the Supreme Court does its job.
There's only two ways this happens and what we have as Republicans is we've constantly elected leaders who will not make the spending fight.
Now some of them won't make it because they want to spend a lot of money, but a lot of them won't make it because they felt like we got our butts kicked by Bill Clinton back back in the 1990s. This is 30 years ago and they're still in the fetal position over the fact that Dick Morris outmaneuvered them a little bit. And today, what they have to do is shed the lessons of the past and ask themselves, this discretionary spending we're talking about...
steve bannon
You think that's tied back to the 90s where they interpreted the lesson that instead of people want the federal government to be, you want limited government and the way you do is get to stop the spending. Their lesson was the exact opposite.
We'll be defeated unless we keep up with the spending and that's why no matter what they say, they come here and do it.
matt schlapp
So Reagan shut down the government eight times in eight years as president. It was the tool.
It's a tool. By the way, all of history with parliaments is having...
A fight over the power of the purse.
You never get anything you want unless you leverage everything you have.
Ronald Reagan knew that, and he got a lot of changes.
Not as much changes as we wanted.
So when that new majority came in in 1994, our head was... I was a staffer.
Our heads were full of steam.
We were going to close down this government.
That's what it took to get change.
And we felt like we lost, because Bob Dole and the Senate Republicans, this will shock you, gave in and said, no, no, we can't do this shutdown thing.
This is crazy.
We're getting hate mail.
We can't get hate mail.
We're politicians.
We've got to get love mail.
And so they don't want to have the power of the purse fight.
But Steve, it's only like 13% of the budget now.
As you know, the whole government's on autopilot.
It's not even the same setup as it was in the 1990s.
Now, everything's on autopilot.
You're talking about very, very little disruption in a shutdown.
Even though it's a little bit, we better use it, as we will never defund this weaponized bureaucracy.
steve bannon
Have you ever seen the grassroots as fired up as they are about this fight?
matt schlapp
This and a combination of things.
The first thing is they're scared to death about what's happening in places like Georgia.
They're scared to death when they know that there are thousands of people being terrorized by the FBI and the DOJ.
They're scared to death when they realize what's going on in their schools.
steve bannon
You mean when you see the people that stood up as citizens and tried to have some effect into the 2020 election, when you're seeing them rolled up and prosecuted and may go to prison for multiple years like in Wisconsin and Georgia.
matt schlapp
How about the guy the other day who just was prosecuted for putting out a meme against Hillary Clinton?
steve bannon
Six months in prison.
matt schlapp
This is basic First Amendment stuff, and people are scared to death about that because they don't know what's coming next for them.
Now, the bad news for the left is that our people realize that if we don't win this time, right?
We've got to win big to win because of the cheating.
If we don't win this time, they kind of think it's all down the drain.
So, like, we can look at that and say that's bad for us because a lot of people are being cooled or chilled from being more politically active.
I think it's the opposite.
I think we're going to have people do things they never would have considered doing in a legal context to win this race.
steve bannon
You mean grassroots Absolutely.
matt schlapp
Absolutely.
steve bannon
Talk about that because you're out here strategizing with people, you've got some amazing speakers, amazing advisors.
Why is CPAC next year?
It's the end of February.
matt schlapp
That's right.
Back in the swamp.
steve bannon
Back in D.C.
Why is this one going to be so important?
matt schlapp
Because I think this is the make it or break it.
I mean, everyone always says the most important election, yada, yada, yada.
We all know this.
You know, they're trying to put Donald Trump in prison.
And you said this in your remarks.
They're going to do everything it takes to stop him.
steve bannon
It's zero probability they will allow him to come back in, right?
And we say it's zero probability that he will not go back in.
matt schlapp
That's right.
steve bannon
Is what 2024 is all about.
matt schlapp
That's exactly right.
And we know if we're going to win this country, we're not going to win it because we raise more money, right?
We're not going to win it because we had more praiseworthy editorials in our newspapers and our TV stations, right?
None of that is operable anymore.
How are we going to win this thing?
It's going to be the guy that doesn't have power and doesn't have wealth who's going to stand up and defend the country.
And I don't mean doing anything inappropriate.
I mean very basic things.
And it all starts with the idea, think about this.
You're allowed to leave your home, get on a bus or an airplane or get in your car, they still don't let cars be legal, and go assemble.
And what the left is simply trying to do is make it so we can't assemble anymore.
Because when we assemble, they're going to use words like insurrectionist, terrorist, blah blah blah, domestic terrorist.
Steve, if we go to mass, we're domestic terrorists these days, right?
steve bannon
Of course, exactly.
The Latin mass particularly, right?
According to the FBI.
matt schlapp
So this is a very serious question.
Will we do what it takes to save the country?
And I think CPAC actually scares them, which is why I think they come after us so much.
I think that they feel like they're just about ready to break their back of these grassroots conservatives across the country.
And I don't really love the word conservative anymore because I think it's just American civilization.
And I think we're going to show them this year, we're going to get a four year delay in their attempt to destroy our civilization.
A four year delay.
unidentified
We get Trump for four years, what are we going to do after that?
matt schlapp
That's going to be the next great question.
steve bannon
Because you're not going to take this thing apart in four years.
You can stop it.
You can stop it and do some turnaround.
But this is a 20 year project.
matt schlapp
But I don't think Trump should pick a VP who's his heir apparent.
I think Trump should pick a VP who helps him rip out the gears and change the government.
And then we're going to have this big conversation about who's to follow up to Trump.
And I think that's going to be an important conversation.
steve bannon
It's going to be huge.
Talk to me about one of the things in 22.
I think people admit TikTok and other technology that got young people and not just that, people under 40, maybe not young people, people under 40 more engaged.
Is CPAC going to address that?
Are you going to have an aspect that addresses technology as an active part of, as an active part of not just get out the vote, but to mobilize people?
matt schlapp
Yeah, absolutely.
Matter of fact, one of the things that's the most exciting meshing of politics and markets is the idea that a lot of our donors and activists are also in this conversation.
You know, Eric Prince is here.
Eric Prince hopefully will be joining our board and he's got some great new technology.
steve bannon
And to take over as head of security?
I'm just kidding.
matt schlapp
Well, if people keep talking about Cash Patel being the head of the FBI and CIA, I don't know.
Can you see Eric Prince being the head of the FBI, CIA?
That could be good.
steve bannon
First off, here's what, no, no.
Grinnell at State, Cash at CIA, Eric Prince at DOD, I want the TV rights for the confirmation hearing.
I'll be a B&R.
It'll be the most over-the-top.
We'll just do them three in a row.
That's pure Trump.
matt schlapp
And I'm going to talk about someone who's in the room here, Revere Payments.
That is a very important piece of the infrastructure by which if you're running a business and you have online sales, you've got to use non-woke options.
We've had a huge problem with this at CPAC.
We're constantly being canceled.
We're constantly No, the payment system was one of the most complicated to set up, and you can't have a patriot economy until you have a payment system that you don't get shut down.
And we're all going to get Eric's phone.
The unplugged phone, it's got its own ecosystem, it's got its own communication system.
steve bannon
Eric's gonna be here tomorrow.
He's remembered 300, 300, we read the test, there are 300 of the Warren Posse got the first ones.
matt schlapp
500.
steve bannon
Just delivered.
matt schlapp
He lied to you already.
He's sneaky.
No, no, he knows.
steve bannon
Where's Boris when I need him?
matt schlapp
He knows, no, he knows that it's It's your community, Steve, quite frankly, that we're going to have to promote these products in new and inventive ways.
steve bannon
But that's where we get to test the beta site and make sure everybody, it all works and people are happy.
What I like about it is in the presentation you first did it, a young person, I think they got to the age of 13, would have already had 72 million impressions, advertising impressions, to form their character.
That's one of the reasons this phone, you don't get anything.
I mean, they've really worked on this to make sure it's blocked, not just from a security standpoint, you can use it because Eric, as you know, is all over the world, but that it actually, if you get it from members of your family, it can actually block all the garbage, All the bilge that comes in and tries to get around them.
So that's where we're really excited.
That whole patriot economy of these different vendors that are trying to build companies so people don't have to give money to people that hate them.
matt schlapp
That's right.
And think about your phone is such a ubiquitous item and all of it, all of it is going to bad stuff, bad people, people who hate the country.
And if we can actually have, this is the most important part of all the innovation is to make sure your phone is separated from it.
Then we get the online payments taken care of with Revere Payments.
We're going to get law firms.
We're going to have separate financial institutions.
steve bannon
You have to have banks, insurance companies, all of them.
matt schlapp
None of this is going to work if we don't win in 2024.
steve bannon
For CPAC, what should people be planning on?
How do they follow you?
When's this going to take place?
Because this is even going to be more important than when President Reagan came.
matt schlapp
So we're going to try to lose as much money as we can on CPAC because we're just practically selling the tickets for nothing.
We've done this for the very first time since I've been chairman.
is for the whole four days it's less than a hundred bucks.
You can go to our website right now, CPAC.org. There will not be a financial reason why you can't be at CPAC if you're a kid.
steve bannon
A hundred dollars for four days?
matt schlapp
Yeah, and if you're a kid it's fifty bucks. So there's no reason not to be there.
And I think, look, it's a big screw you to those folks that want to keep all of the patriots out of their nation's capital. They want to make them feel like you might get arrested, that they're going to hassle you. And CPAC is a big pushback to that.
And I would just say this, Donald Trump's always had an affinity to come into CPAC.
He's come every single time he possibly could. Like Reagan before him, Reagan went for something like thirteen years. And by the way, CPAC was established to make Ronald Reagan a national presidential figure.
The fact that TPEC has a warm and cozy relationship with Donald Trump, I think is a good thing.
For those people that try to make it sound like it's a bad thing, they're wrong.
steve bannon
Kind of made him a national political figure.
matt schlapp
I'm sure it did.
steve bannon
Social media, how do people follow you?
matt schlapp
MSchlap, at MSchlap, on everything.
steve bannon
And the Twitter gets a little spicy.
matt schlapp
Yeah, I get yelled at.
steve bannon
Mercedes is not on top of that all the time.
matt schlapp
I get yelled at.
Do you get yelled at by your daughter sometimes?
steve bannon
No, she's worse than I am.
matt schlapp
Is she?
steve bannon
She's a hundred times worse.
matt schlapp
She seems so sweet.
steve bannon
She's sweet, but she's like Grace Chandra, the queen of the hot takes.
Nasty.
They get nasty.
matt schlapp
That doesn't happen in the Schlatt household.
I am often chastised.
steve bannon
Well, Mercedes is classic.
matt schlapp
But you know what she says to me?
She says, she yells at me, and then like a year later she goes, you know what, you were right.
So you know, it all works out.
steve bannon
Okay, we're gonna take a short commercial break.
Back in a moment.
Matt, thank you so much.
Back in a moment.
CPAC.
rachel maddow
Cause we're taking down the CCP Spread the word all through Hong Kong The Republican Party right now has to make a decision, and it's their decision to make.
We have party processes for a reason.
But ultimately, if you listen to what Trump is saying, you don't just sort of regard him as a spectacle, but you listen to what he's saying.
He's basically portraying a future for America if he is put back in the White House, in which we don't have another election after that, ever.
Because the elections are all rigged, that the democratic process can't be trusted, that Congress should just work for him, the Justice Department should just work for him.
That's a strongman form of government.
That's not what we have.
unidentified
He'd cancel the news, like the news are done.
rachel maddow
He wants to put MSNBC on trial for treason so that he can execute us.
unidentified
I mean, this is... And he will put Rudy Giuliani on the Supreme Court.
rachel maddow
If he makes it that long, sure.
The Republican Party, if they're going to elevate somebody like that to represent their party in a general election, not only do we have a 50-50 shot of him being back in the White House, any major party nominee has a 50% shot.
But the Republican Party will have to reckon with that till the end of time in terms of what they did to this country.
unidentified
Wow.
We cannot elect someone with zero foreign policy experience and an isolationist view.
We're literally watching Putin's going to China, Biden's going to Israel.
We're watching all of these things.
We all experience the supply chain.
steve bannon
She thinks that MSNBC is going to be arrested and tried for treason?
She's not too paranoid, is she?
By the way, Rachel, it's not all of MSNBC.
Just remember that.
Not all of MSNBC, just maybe some of the more important personages for treason.
Okay, we got our work cut out for us.
Tomorrow we're going to be back 10 to noon live here in Vegas at CPAC Strategy.
We're going to have Eric Prince, Dinesh D'Souza.
I'm going to try to track down Matthew Whitaker.
And a lot more.
We got our work cut out this weekend.
McCarthy and the team.
Okay, the first play was McHenry.
Remember McHenry, and that was going to be a coalition government with Hakeem Jeffries?
Now, and they realize people reject that.
Remember, I told you in the room the other day, when they asked for a show of hands, only 20 people put their hands up.
Of 200, I think 220 were there.
There were a couple missing.
200 against.
So the McHenry plan was dead, and this is something they'd worked on and they pushed.
And this is all to get these supplementals done, to get another CR done, to get an omnibus done.
That's all they care about.
All they care about is the same games that have always been played by the Washington, D.C.
insider cartel, Uniparty.
Now they've taken it one step to the next level.
And that next level is that they are putting up Tom Emmer as the Speaker and McCarthy, McCarthy immediately endorsed him.
Immediately.
And the reason they immediately endorsed him, they've been working on this one as an alternative to Jordan.
And I really take offense at Dusty Johnson saying that Jordan did this for ego.
Jordan was put up to this by the conservative movement as the lead conservative.
Somebody who's been at House Freedom Caucus for years.
He's a good man.
He's a solid man.
I think you could tell his heart was not in the fight.
He's a good guy, but you know, they're horses for courses.
And Jordan made a decision today by coming off the floor.
And I told his guys, the moment you come off the floor is the moment his speakership ends.
You cannot get behind closed doors with these demons.
And what did they do?
He recommended they put up to a closed vote.
He had 25 people.
This is the caliber of people you're talking about.
25 people voted against him in public.
And the reason is they were taken incoming from this audience nonstop.
And behind closed door, they added about another 90 votes.
90 people behind anonymity would tell you what they really thought.
That's why this conference, we've argued from day one, whichever way the chips falls, it's got to be in public.
We need radical transparency.
Speaking of radical transparency, the Treasury Department has come out with the number.
It is $1.7 trillion, which is a 23% increase over last year.
But more importantly, I think it's $700 billion more than they said it was going to be when the debt deal was Cut.
And I will tell you, E.J.
Antoni is going through the numbers.
We're going to have him on tomorrow morning.
We're going to break it down.
It's the true tree, and I said.
You're going to see that the $300 billion, and this is what took him a week to do, the messing with the accounts is all about the student debt and these other things are moving around just for optics.
It's a $2 trillion deficit that has to be financed with new money.
And of course, the $8 trillion has got to be refinanced.
This is one of the reasons stock markets crashing, the bond markets crashing, mortgages are at what 20 year 20 or 25 year highs, lowest mortgage demand in 20 years as mortgages at 8 percent, the 10-year treasury, which remember the 10-year treasury drives your entire financial life.
That goes over 5%.
And, of course, CNBC today, big headline, 10-year Treasury hits 5%.
Stock market crashes.
We told you that on Wharram.
Make sure you go to birchgold.com.
You must understand what's in back of this.
You must understand.
We don't give financial advice here, although I would tell you to call your financial advisor and say, hey, bro, you told me these government bonds were risk-free.
How come they're only trading for $0.50 in the dollar?
Mark to market my portfolio.
You're going to be for ugly surprise, because the guys never told you that they could trade less than par, and they can, down $0.50 in the dollar.
Don't believe me?
Ask Bank of America.
Bank of America just announced $165 billion of unrealized losses of government bonds on their balance sheet.
That is called a shot below the waterline.
Wait for some more regional commercial banks to mark to market their government securities and to mark to market the real estate, the commercial real estate portfolios they're sitting on.
I think you're gonna be quite surprised about the bailouts we're gonna have in the coming weeks ahead.
This is Bidenomics.
This is one of the reasons he wants to take the conversation away from what Comer found today on the direct transfer of money to him and all the investigations on everything about Bidenomics, on the inflation, on the spending, on the bonds, on all of it.
And we know Bidenomics doesn't work because testing in the seven Bloomberg doing polling in the seven battleground states found out That 65% of the American people, including Democrats, 65% of the American people hated the word Bidenomics, thought it had failed, made their lives miserable.
Did not approve of it.
Only 14% approved.
That's how successful it is.
This is one of the reasons you're seeing the wag the dog that Biden's doing with another $80 billion into the money pit, the money laundering pit of Ukraine.
Could be back here at 10 o'clock tomorrow morning.
Go to Birchgold.com.
Don't just get the end of the dollar empire, particularly the last, the fourth installment, which is the assassination of our prosperity starts from 1971, the weekend at Camp David when Richard Nixon took us off the gold standard by an executive order that could be redone by President Trump.
sure you talk to Philip Pastry and the team.
Ask him about why has gold been a hedge for 5,000 years of man's existence, recorded existence.
Check it out.
Think about it over the weekend.
Okay.
We're going to turn it over.
Natalie Winters picks it up at 6 o'clock.
Her show is going to be on fire today, the second hour of The War Room.
I'll be back here at 10 a.m.
light from CPAC.
I'll see you then.
Export Selection