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Oct. 21, 2023 - Bannon's War Room
48:50
Episode 3118: The Fiscal Irresponsibility Of The Fed
Participants
Main voices
j
jack posobiec
05:39
s
steve bannon
23:46
Appearances
e
ej antoni
01:55
Clips
c
chuck schumer
00:05
j
jake tapper
00:08
j
joe biden
00:21
| Copy link to current segment

Speaker Time Text
steve bannon
This is the primal scream of a dying regime.
Pray for our enemies.
unidentified
Because we're going medieval on these people.
steve bannon
You're not going to free shot all these networks lying about the people.
The people have had a belly full of it.
I know you don't like hearing that.
I know you try to do everything in the world to stop that, but you're not going to stop it.
It's going to happen.
jake tapper
And where do people like that go to share the big lie?
unidentified
MAGA Media.
jake tapper
I wish in my soul, I wish that any of these people had a conscience.
unidentified
Ask yourself, what is my task and what is my purpose?
steve bannon
If that answer is to save my country, this country will be saved.
unidentified
War Room. Here's your host, Stephen K. Bannon.
steve bannon
It's Saturday, 21 October, Year of Our Lord 2023.
Thank you very much.
We're here live at the CPAC strategy session.
They're planning CPAC for next year, and you heard Matt Schlapp yesterday, and I don't think it's up on their site yet, but we'll make sure we push all Warren Posse.
Four days for a hundred bucks.
They want to make this the most important CPAC in the history of CPAC.
And so it's going to be four days general admission.
$100 for four days.
And remember what a great time you rowdy war room posse head last year will even have rowdier because you'll have more money for adult beverages.
$100 for four days.
Unheard of.
So we'll make sure we get all that through there.
I want to say, for a Saturday in Vegas, I've got to thank my team, and of course the people here at CPAC.
I think this is the most star-packed show we've ever had.
We have Jack Posobiec, E.J.
Antoni, Alex Jones, Eric Prince, Dinesh D'Souza, Caroline Wren, Ken Paxton, Mike Lindell.
All of it.
We've got breaking news.
The Treasury Department actually, as you know, we've been hounding them for the receipts.
We want to see exactly where the nation's finances are.
Because they're lying to you.
Every day they lie to you.
But you can see what's happening in the global bond markets, the capital markets, the mortgage markets, the stock market, everything.
Your credit card.
They're not lying to you.
They're telling you what reality is.
And Bloomberg's got a new poll out that says folks' inability to basically live paycheck to paycheck is driving massive numbers for Donald J. Trump in battleground states.
EJ is going to join me in a second, but I want to get to Jack Passobo because he's kind of changed his schedule up for Saturday with the boys to join us.
Posto, here's what I'm worried about.
The Axios has a... and we're going to get it up.
Grace and Mo will get it up for me.
They have five different newsletters today that are quite informative.
Remember Axios is the Mike Allen, Vanderhay, tip sheet for the insiders in D.C.
And they do some good work.
They've got five different elements of the Middle East war.
Everything from Persia's involvement to what's happening with Hamas, the Muslim Brotherhood's military capabilities in Gaza.
Quite detailed.
People over the weekend ought to read all five of them, and we'll get them up.
The Messenger's got a great piece, Jack, that is kind of along the lines you've been talking about, and this is that the Persians and Qatar, and Qatar remembers the nest of vipers right in the Gulf, have set a trap, laid a trap, For both Israel and the United States in this Muslim Brotherhood Hamas attack last week.
I know you've got a certain perspective on this.
You've done an amazing job, Jack, being your Naval Intelligence Officer the last couple of days talking about the assets the United States has in the region.
And how these assets have been under siege, both with cruise missiles, protests, etc.
So walk us through your perspective, because I think they're going to kick off the big show is going to be, I think, tonight or tomorrow.
So we've got to get strapped in for it.
Give us your perspective.
jack posobiec
Well, Steve, I appreciate it.
And you've been doing incredible work here on the war room as well, over at Human Events.
What we're doing is trying to put the pieces together, connect the dots.
And what you're seeing in Axios right now with the Biden administration, the White House is doing is all they can to prevent it, the true narrative from spilling out into the public, that all of this is inextricably linked.
It is all connected.
And I threw a post up on X and Getter this morning.
Russia has ordered the Russian Air Force to load up on hypersonics and put them at combat readiness.
The Houthis have begun firing long-range missiles at Israel.
U.S.
bases being hit with drone attacks in Iraq and Syria.
Iranian-backed militias across the Middle East are mobilizing.
And if you think for a second that all of this is happening while Putin and Xi Jinping are holding their meeting, holding their meeting in Beijing, looking out at all of this, while the BRICS nations are rising, while you've got Hugin and these other thinkers talking about how
Talking about how the rise of the multipolar world, the nodes of the multipolar world, are all turning against what they view as the American and globalist empire, the globalist American empire.
This is the time they have decided to make their move because they don't know what's going to happen, Trump or not.
But they know that now is the time that they want to do this.
Because they want to remove U.S.
presence from world affairs.
Every single one of our troops in the Middle East, whether you're on a ship at sea, whether you're on space, you have to understand that you are now in harm's way.
These drones, these kamikaze drone attacks from the Shahad 3s that Iran has, they can penetrate bases, they can penetrate defenses.
Can we take out 10?
Can we take out 20?
Yeah, how about a swarm of 100 all at once?
That's the question that I have for the captains of those U.S.
aircraft carriers that are sitting right off of the coast of Tartus.
steve bannon
I've got to ask, you know, the Biden administration, their move, as they've said, to stop a broader war and to stop the party of God, which is Hezbollah.
Remember, Hezbollah is just a Lebanese faction of the Persian.
It's a proxy arm of the Persian's military, you know, Revolutionary Guard.
It's their proxy in that part of the world.
And they're very tough and very smart.
President Trump is absolutely correct about how you described them.
You have two carrier strike battle groups in the eastern Mediterranean.
That's, I don't know, 12 to 20,000 sailors, marines, airmen.
When Putin puts a hyper... I'm worried enough about the drones, but when Putin says he puts his hypersonics on full alert, is the eastern Mediterranean not a shooting gallery that we've exposed American sailors to, sir?
jack posobiec
Steve, people need to understand that these hypersonics...
I've been saying it all week on human events and then Putin gets up there in Moscow and says the exact same thing.
He says these hypersonics with a range of up to a thousand kilometers Speeds reaching upwards of Mach 9.
You've got what?
You've got SeaWiz on there?
Then you've got your standard missile 3 up from one of our Arleigh Burke destroyers?
Is it going to be able to take that out?
You can intercept a Houthi rocket, sure.
But how about a hypersonic missile at Mach 9?
With 5,000 sailors apiece on these aircraft carriers that are now sitting within range of these ships.
And keep in mind, Keep in mind that if you're parked close enough off the coast of Tardis in Syria, Latakia, you've got anti-ship cruise missiles, you've got ballistics, you've got all sorts of stuff that are sitting right there now within range.
And oh, by the way, Lebanese Hezbollah even picked off an Israeli Sa'ar 5 ship with an anti-ship cruise missile almost over a decade ago.
They have the ability... Hezbollah is not Hamas.
They're not strapping on headbands and riding paragliders and motorcycles.
steve bannon
No.
jack posobiec
That is a military.
That is a non-state military force set up by the Iranian Revolutionary Guard Corps.
steve bannon
The Hezbollah right now is, I think, pound for pound, the finest light infantry unit in the world, with more combat experience than any unit in the world.
I mean, this is like a real war.
This is not going to be special forces going in for some strikes.
There's a piece, I think it's on the messenger, I've got it up on Getter, and if Mo and Captain Bannon, or if Captain Bannon and Grace can share it.
The defense minister in Israel actually walked through yesterday what the strategy is.
It's three phases.
One, it's a massive ground campaign backed by air and missile strikes to get, not just at the Hamas and the Muslim Brotherhoods,
Military capability to get down into the tunnels and take out any of their security capability Number two is to hold it and number three is in to put new leadership in there So in his outlining, I mean the Israelis are pretty upfront This is gonna be nasty and they're not gonna stop until they dug it all out Walk me through Jack your best idea of how this develops because this could start within the next 24 hours
jack posobiec
Look, Steve, and I understand they're focused on the tactical picture, but I'm talking operational and strategic focus.
This isn't going to end with Gaza, whatever happens there.
This isn't going to end with a ground operation.
This isn't going to end, even if they take out all of Hamas.
This is exactly what Hamas has wanted from the start.
They want to incite a holy war.
In which the Muslim world rises up against Israel, and oh by the way, now you can say whatever you want about the situation, but who do they blame for everything that Israel does?
Oh right, the United States of America.
Remember, in their rhetoric, Israel is the little Satan and we are the great Satan across the sea.
So anything that Israel does, people need to understand that they will consider that an act of war by who?
Oh, that's right, the Americans at the same time.
They don't care.
They don't see any distinction.
They want holy war, civilizational conflict, the West versus the Muslim world, and depending on how big this thing is, they might actually get it.
steve bannon
Jack, you're up on, are you doing any specials on human events?
I know you're up on Getter, you're up on Twitter, you're up on all those.
How can people follow you this weekend to follow this closely?
jack posobiec
Look, we're up, we're running stuff all weekend, we're talking about, and we're going to go through, we're going to walk through the U.S.
history of who exactly funded these Yes.
to begin with the fact that unfortunately the US intel community is up to their neck in it.
This is all these great ideas from Brennan and Clapper and all the way back that we're going to work up these proxy forces and then it incites what's it called?
Blowback.
Blowback.
The same way Muhammad Atta flew that plane into the World Trade Center, he was talking about the Palestinians.
So keep in mind folks, this is all inextricably linked.
And if you think that it's going to end here, all I've got to say is two words for you.
Stay frosty.
Stay frosty.
steve bannon
No, no, no.
You make a great point.
We're on every side of this trade.
You know, we're paying for the Egyptians.
We're paying for the Jordanians.
We're up to their neck.
We're financing their intelligence apparatus, the Saudis, UAE, Qatar.
We've got the largest base in the Middle East is in Qatar, a sworn enemy of the United States.
We're on every side of this trade.
This thing couldn't be more screwed up.
Couldn't be more screwed up.
So, Jack, thank you so much.
We'll be closely following that.
So, thank you so much, sir.
Appreciate it.
jack posobiec
God bless.
Thanks, everybody.
Thanks for the support for Human Events.
steve bannon
Thanks, brother.
Yeah, make sure you go to Jack.
Get him on Twitter.
Getter.
He's over at True Social everywhere.
Amazing analysis.
We were doing this live a couple of Saturdays ago when it was happening and Jack's analysis of this was just dead spot on.
Let me go to, I've got EJ and Tony.
Dinesh, as soon as he's going to join us in a few minutes, but I want to go to EJ.
EJ, with your prodding, You know, you had to be all over the Treasury Department.
I don't know.
They were two weeks late, ten days late.
The Treasury finally came out yesterday with the numbers.
Have you had a chance to do a quick and dirty look at them?
ej antoni
Yes, Steven.
And as we suspected, things are not looking that good.
The idea that we were somehow going to rake in $5 trillion in revenue this year, that was a complete and total miss.
And frankly, a lot of the outlay data is, I would say, suspicious, to say the least, because what the Treasury has essentially done is transferred over $300 billion of expenses forward from the 2023 fiscal year to the 2024 fiscal year.
In other words, this is money that has already been allocated and will eventually be spent, except that we just basically didn't count it in fiscal year 2023.
So, in other words, revenues are down and expenses are up more than what was initially estimated.
steve bannon
Okay, hang on for a second.
I'm going to hold you through the break and if Denver, I don't know if I've gotten to him, I want to put the summary that counts up.
Let me be brutally frank.
The government of the United States, the Treasury Department, just lied to you.
You can't trust these people on anything.
It's a bald-faced lie.
We called it back when they did the debt deal, that the deficit was going to be $2 trillion.
And we said it was going to be $2 trillion because the tax revenues, everything was going to be below $5 trillion.
Well, guess what?
It came in at $4.4 trillion.
It was almost a $600 billion miss.
And yet, they still didn't hit the $1.7 trillion deficit that is going to be a nightmare for this country to handle.
But, they're already playing around with the expenditure number.
This number, I think, was actually greater than $2 trillion.
We're going to get to the bottom of it next.
EJ and Tony.
unidentified
One of Steve Moore's partners, also over at Heritage.
steve bannon
We're gonna drill down.
We got Dinesh D'Souza, Caroline Wren, we got Eric Prince, Alex Jones, Ken Paxton, Mike Lindell.
unidentified
Wow.
steve bannon
Who did this lineup?
Great job, producers.
Back in a moment.
unidentified
We rejoice when there's no more, let's take down the C.C.P.!
Here's your host, Stephen K. Bannon.
steve bannon
Okay, I want to thank the team at Birchgold.com slash war room.
The Bloomberg poll I talked about at the beginning, Bloomberg's got a poll out that shows that the reason Trump, and this follows on their poll, I think they actually released it a day or two ago.
It shows Trump leading in six of the seven battleground states and tied in Michigan.
They get behind the numbers on another article, an analytical article they put up.
And the reason is, wait for it, people who are working as hard as they can possibly work, the good householders and good citizens in our country, are falling farther and farther behind.
Every day.
And this is because the new, uh, the reset in our economy at higher interest rates coming off a decade of near zero interest rates or free money, which didn't help.
Remember, when you're at zero interest rates, overall, it doesn't really help the work.
It's very tough for you to get any capital formation because your money market doesn't pay anything.
Your savings account doesn't pay anything.
Your checking account doesn't pay anything.
It's just whatever comes off the sweat of your brow.
But now that we've gone to, and this is why inflation is a very, it's very important to look at the real inflation number, but in your lived experience, what's going to be just as important is the interest rates.
Because when they say we're in a consumer society, not a production society, we're in a consumer society, what they're really saying is that you're in a consumer society, the predicate for that is credit.
We're in a credit-based economy.
And now you've ratcheted these things up in a credit-based economy.
Who believes that more than anybody else?
The fiscal irresponsible crowd up on Capitol Hill.
If you look at the parliaments and the legislatures in Europe and the United States, what we've had since the financial crash in 2008 is fiscal irresponsibility by the legislatures, continue just to fund all these government programs and all this massive overspending, and you've had central banks, Bank of England, European Central Bank,
uh... the german central bank and of course the mac daddy the federal reserve that's just there not to put their foot down and not to put any kind of monetary uh... restrictions on uh... the fiscal irresponsible legislatures but just to go along with it just basically print money and so now we're in a jam
And one of the jams you see here, because if you deal in a bankruptcy, if you go into a company and try to help a company restructure, the thing you have to do is figure out what's the sources of cash and what's the cash used for.
And that's what these government accounts show.
The sources of cash, taxes, corporate taxes, fees, tariffs, all of it, are incorporated in that line of all proceeds into the U.S.
government.
That has been predicated upon, and people have done modeling off of, and the debt deals, all these deals, we told guys these models were wrong, E.J., was five trillion dollars.
Five trillion dollars and going up.
And it got to five trillion dollars, quite frankly, because of Trump's tax cuts that have kind of kicked in and had, it led to growth in the economy.
We told you the Biden regime and particularly Janet Yellen just came out the other day, we have plenty of money, we can finance Ukraine, we can finance Israel, we can do it all.
We can do the $80 billion, $60 billion for Ukraine, not a problem, we can do that.
That's a bald-faced lie.
That's just a bald-faced lie, and they're lying to you here.
They had the total cash in they can't hide.
That's 4.4 trillion.
It's a massive miss.
And they should have warned people about this, and they didn't, because they've been trying to hide it.
EJ, that number of their total expenditures is also a lie, and we'll work the weekend and prove it's a lie by Monday or Tuesday.
There was more expenditures than 6.1.
Even in their case, it's 1.7 trillion, which is up 23%, and they're getting hammered.
But the reality is $2 trillion, and they went out of their way to come up and try to figure out another $300 billion they could hide so they didn't have to get there.
EJ, what's the implication for this for interest rates?
Your called shot is that the 10-year Treasuries, if I remember, everybody in the audience, Who have no interest in the bond market.
Remember, your life, your material life, the framework of that is set around the price of the 10-year treasury.
Everything's priced off that.
Your car loan, your credit card, your student loan, your mortgage, all of it.
Everything in your life.
Because we're a credit-based society.
Remember that.
A credit-based society.
It's all off the 10-year treasury.
You said the 10-year treasury is at 5%, which is the stock market collapsed yesterday because it hit 5%.
You say because of these numbers, it's going to go fairly rapidly to 8%?
Is that what you're telling me?
ej antoni
That's what we're looking at right now, Steve, absolutely.
And the latest numbers, I think, from the Treasury, no matter how much they try to beautify them, frankly, I think that supports that theory, because they can, they being the Treasury, continue borrowing at this absolutely breakneck pace.
I mean, we spent almost $880 billion in interest on the debt in the last fiscal year, and that is going up, not only because the debt itself is going up, But also because interest rates continue rising.
In fact, even if interest rates stay where they are right now at 5%, as we've discussed previously, there is a tremendous amount of debt, tens of trillions of dollars worth that needs to be rolled over from lower interest rates to these higher interest rates.
Just to put that $880 billion number in perspective here, if you look at the Department of Defense and you include all of the military programs in there, that's only $776 billion.
So we are literally spending more to service the debt than we are on our military right now.
And again, that's only going to get worse.
steve bannon
The thing I'm working on with these hedge fund guys is actually, we believe that the interest number is going to be one trillion dollars or north.
And once we hit that, just remember something, Damocles' sword, which is over the American people, is the face amount of the debt.
We're never going to pay off one penny.
Every day we accumulate and it goes to the face amount of the principal of the 33 trillion, and we've added a trillion dollars.
One trillion dollars has been added to the nation's debt since the McHenry-McCarthy-Biden debt deal in April.
And they want to know why people are furious?
They want to know why people are outraged at this?
Look into your community.
Look at the opportunities.
And hey, if E.J.
Antony's right, and the 10-year Treasury goes from 5 to 8, 25% of the businesses in this country will be bankrupt.
They're not going to be able to service your debt.
Because remember, that's a risk-free government right.
It goes to 8%.
33% of the people in this country will be belly up.
You'll have to walk away from the credit card debt.
You just assume you'll go bankrupt and have to pay it off at those rates.
The math here is quite straightforward.
This is not quantum mechanics.
You've had a political class that has... The Democrats are out of control.
Remember, they believe in modern monetary theory, which, oh, deficits don't matter.
Well, hey, you're seeing right now they do, as we've said for years.
But it's the Republican collaborationists.
And that is this fight you're seeing on Capitol Hill.
To get to limited government, to get to fiscal responsibility, you've got to get into the trenches.
EJ, I want to thank you for changing your schedule on Saturday to do this.
I know you've got work all weekend.
We'll be back here Monday.
Where do people follow you on Twitter and social media?
Because you're doing an amazing job, sir.
ej antoni
The best place to follow me is going to be on Twitter or X, whatever we call it now.
And the handle there is at Real EJ Antoni.
steve bannon
EJ, thank you so much.
Appreciate you coming on.
Thank you, Steve.
OK, here's what we're going to do.
I've got an incredible trailer.
Dinesh D'Souza, who kind of in mid-career became our most prolific and brilliant filmmaker, has got a new, very chilling film out called Police State.
We have a trailer.
I want to play for that.
We're going to play the trailer.
Just drop the Hank Williams.
We'll play that later.
Promised Land.
We're going to play the trailer to take us out to break in this sector, and then I'm going to bring in Dinesh for an interview.
So you're going to see the trailer for the new movie Police State from Dinesh D'Souza.
joe biden
Let's go ahead and hit it.
unidentified
you We want the subject to be on display, doing the walk of shame, full visual impact.
Any questions?
Are we becoming a police state?
Government told American citizens they couldn't go to church on Sunday.
I've never seen anything like it.
It may be the Russia other people grew up in, but not my America.
FBI warrant!
jack posobiec
Come to the door now!
steve bannon
There's a heavy banging at my door.
unidentified
Open up!
steve bannon
It's 15 marked units on my property.
I got SWAT in the back of my house.
unidentified
It took a battering ram to my door.
At 6 a.m.
I hear, boom, boom, boom.
And hear about six to eight military-style soldiers.
With the tallest one of them pointing an automatic rifle at my head.
FBI!
We have an arrest warrant!
Shock you out of sleep, drag you out of your house, have clothes, refuse to give you a warrant, ransack your house.
Now I'm facing 15 years in federal prison.
For doing nothing other than exercising my right to free speech.
I had no reason to be attacked.
I hope that you remember Matt's name and the role you played in killing him.
How did we give the state this kind of power?
9-11 changed everything.
We're going to expand the Bureau from law enforcement to domestic intelligence.
Legal shackles are now off.
steve bannon
It used to be Islamic terrorism.
jack posobiec
That threat has kind of dissipated.
unidentified
Our focus is shifting.
jack posobiec
They're moving to domestic extremism.
It really paints anybody who's right of center.
unidentified
What we need is a person to look at.
And then we go find out what crime you did.
If you're a pro-life, pro-family Catholic, they define you as radical.
The demand for domestic terrorism vastly outstrips the supply.
When candidate Trump came down the escalators, the government had a meltdown.
We are going to drain the swamp.
We'll see about that.
chuck schumer
You take on the intelligence community, they have six ways from Sunday at getting back at you.
unidentified
The Patriot Act and FISA were used against Donald Trump.
Google literally rewrote their news algorithm based upon what Trump was doing so they could get this guy.
You just take out the word Russiagate and you put in COVID origins.
You take out COVID origins and you put in Hunter Biden's laptop.
You take that out and you put in January 6th.
It's the replicated play from the deep state and their partners in the media.
They're not just deplatforming you, they are trying to throw people in prison.
If they're coming for me, they're coming for you.
steve bannon
Hands on your head!
unidentified
These are anti-government.
We have freedom of religion and freedom of speech!
Violent extremists, and they must be dealt with.
We can do anything we want.
Here's your host, Stephen K. Babb.
steve bannon
Okay, remember, birchgold.com slash Bannon.
Get the four-part series, The End of the Dollar Empire, including the latest installment, The Assassination of American Prosperity, about the Nixon-Camp David meeting, took us off the gold standard.
The third installment is The Debt Trap.
It will get you totally up to speed with what's happening on Capitol Hill.
Also remember the number 202-225-3121.
Tom Emmers, Caroline Wren, got a lot of coverage yesterday on the Tom Emmers of it all.
Emmers must be stopped.
I think there's nine or ten people that are going to throw their hats in the ring, so we'll get to all that later in the show.
I want to bring in Dinesh.
Dinesh, I've got to tell you, mid-career, and you know police state because for a nothing charge, they put you in prison.
Right?
And of course, they're coming with Trump with 700 years.
They got Mike, they got everybody.
They either try and put him in bankruptcy or put him in jail.
I think I've got a four-month federal stint ahead of me if I don't want to appeal in the Supreme Court for defying Congress.
What inspired you to make this?
Because this is very cinematic.
This is not your typical documentary.
What inspired you to do this?
unidentified
Well, my mind flashed back to when I came to America as a teenager a generation ago.
And I was wonderstruck by the abundance of American life and opportunity.
But I also noticed that here in America, we had basic liberties, and some of them are enumerated in the Bill of Rights.
The right to free speech, the right to conscience, religious freedom, the right to assemble, to petition the government for grievances, obviously equal justice, equal rights under the law.
And then we fast forward to today and I realized all those rights, every single one of them, is in jeopardy.
I'm so used to thinking of America as a free society and looking abroad to contrast it with unfree societies.
China, Iran, North Korea, the old Soviet Union.
And it suddenly struck me that it's not clear to me we're a free society anymore.
And so that's why this is the question at the center of this film.
Are we on our way? Are we becoming a police state?
steve bannon
How, um, in this film, or at the end, I mean, because I can tell you from the way it's cut, and the cinematic nature of it, it's going to be overwhelming.
Do you also lay a path of what we have to do to make sure we don't stay as a police state, that we don't let the FBI and the DOJ and other parts of the administrative state overwhelm us and take away our liberties and freedom?
unidentified
Yes, absolutely.
You're a film guy, Steve, and that's basically my job in Act 3.
But a lot of the film is devoted to exposing the police state, not just exposing the fact that it exists, but also how it works, how it started, the kind of genealogy or story of the police state.
And also the fact that it doesn't just involve Trump, it doesn't just involve January 6th, it involves a lot of ordinary Americans who are just going about their normal lives And they come face-to-face with what Orwell calls the boot-stamping on the human face.
I wanted to bring that home to people.
And, you know, film is a unique medium to be able to do that.
But if I had sort of an end goal, it is to stiffen the spine of patriots and Christians and Republicans and conservatives.
Because a lot of people are just placidly grazing, kind of like the antelope or the wildebeest.
They don't see that there's a predator in the trees.
To that degree, this film is kind of a warning.
steve bannon
When you've shown this, as you put it together, because one of the big reasons we're having this huge fight on Capitol Hill is really the lack of punch of the Republicans in charge on any types of investigations on DOJ, FBI, the government weaponization.
I think one of the reasons that people had some hesitance on the right, even for Jim Jordan, They haven't seen enough punch.
Do you feel, and we got Paxton coming on in a little while, just got impeached for some of this stuff, do you feel that either at the state AG level, the local prosecutor level, or anywhere in the House, do you see any officials that are voted in by Republicans that are taking this as a reality of what actually is happening?
That you're not playing by the old rules, that these people have shredded the Constitution and have begun the apparatus of a fascistic police state?
unidentified
This is the key awareness that needs to get out a lot more.
And there's a certain aspect of Republican psychology that resists it.
You know, Republicans are a little bit like Jimmy Stewart and the man who shot Liberty Valance.
He's like, yes, there are outlaws that are gathering around the town, but I'm a man of law books.
I'm not going to go for a gun.
I'm going to read my books and I'll make official complaints as necessary.
And that works if you are in a small town with a pretty good sheriff and a pretty good operation.
But if you go out west in a covered wagon and there are outlaws encircling your ranch and they want to burn your homestead and rape your wife, kill your kids, and you say, hey, I'm not going to defend myself because I'm better than that.
I'm a man of principle.
I don't believe in doing the same kind of tactics as these gunslingers.
Well, I don't even know what to say to you.
And so I think Republicans are in this position of not recognizing that we're no longer living in the Reagan era.
It is now a completely different landscape and a different psychology and different tactics are necessary.
steve bannon
When you sit there and see Merrick Garland's 60-minute interview, and then you see his testimony the other day, where he starts off with a preamble about his grandparents and parents coming from, I think it was Belarus, and what had happened to them, and that he came here, that his whole life has been focused on the implementation of the rule of law, and that's what saved them when they came here.
What is your first thing that goes through your mind when you see that?
unidentified
Well, the first thing that goes through my mind is that we have a very unusual police state.
And because it's a police state that is in the making, or I can say under construction, it has to rely on a lot of subterfuge, a lot of hiding and facade.
Now, when you have a full-fledged police state, let's just take Stalin's police state, and they come to get you, let's say, at the train station, they don't give you any reasons.
They just bang you over the head, come with us, you're on a list, end of story, no explanation needed or given.
But when you have a police state that is not there yet, a guy like Merrick Garland has to lie, he has to put on a straight face.
And so our police state marches under the false flag, on the banner, of protecting democracy, rule of law, upholding freedom.
And so it's a little difficult for the ordinary American to see through the fog because there is all this propaganda that goes with it.
So I think that probably if Merrick Garland drew a lesson really from the Nazis, It would be the lesson that ruthless stigmatization and criminal prosecution of your opponents is very effective in destroying them as a community.
The Nazis in that sense were effective against the Jews, and in some ways it seems to me Merrick Garland is using the same Nazi-style tactics against his political opponents.
He's kind of a mafia consigliere for Joe Biden.
steve bannon
So your objective in making this, and your objective when we get to how do people get access to it, is after seeing the film, you want an awakening, you want people engaged, you particularly want people engaged with their legislatures, with the House, AGs, local district attorneys, to get engaged that this is a reality and this has to be combated.
Is that your task and purpose in making this and the outcome you want from your audience?
unidentified
Well, there are a lot of people who see signs of what's going on.
They see censorship.
They see political targeting.
I want to put the full picture together so people go, whoa, this is actually more than that.
Because if you look at the standard features of police states around the world, we have almost all of them here now.
I mean, we have mass surveillance.
We have systematic censorship.
We have the attempt to establish a one-party state, criminalization of political differences, political prisoners.
So, you know, you go down that checklist, I don't see a single item that is not now manifest in this country.
I also want to address the ordinary guy who goes, you know, I'm not Trump, and you know, Dinesh, I didn't go inside the Capitol on January 6th, and I pay my taxes, and I'm a law-abiding fellow, and so I have nothing to worry about.
The FBI, the DHS, they're not going to come smashing through my door.
And my message to that guy in this film is you could not be more wrong.
steve bannon
No, I remember when they put the billboards up right in January 2021, but in down in Georgia, you know, report your neighbor.
It was like it was like the movie about the Stasi in East Germany, right?
Dinesh, I want to talk about how people see this.
And I think it is best to see it or try to see it in a theater to get the full cinematic experience.
So walk me through how you're releasing this and how do people get access to it?
unidentified
So it's a little bit of an unusual strategy.
We have bought out hundreds of theaters on two days, this coming Monday, which is October 23rd, and Wednesday, October 25th.
And we're selling tickets on the website.
In fact, the website is the only place to get tickets.
You cannot get them at the theater or Fandango.
You have to go to PoliceStateFilm.net.
PoliceStateFilm.net.
That's the website.
The cool thing is you put in your zip code, boom, all the theaters around you will pop up.
And if you can see it in the theater, and if you can see it in the theater with family or with friends or with your church group or GOP group, that is awesome because it's going to get you all fired up and wanting to talk about it.
Now, if you cannot see it in the theater on Friday, October 27th, next Friday, we have a virtual premiere where you can watch from home.
Full screening of the film, live Q&A with Dan Bongino and me to follow, and all for the price of a movie ticket.
steve bannon
So walk me through that again.
Dan Bongino, tell me about Bongino because he's one of the best guys out there on this topic.
unidentified
Yeah, I decided it'd be fun to collaborate with Bongino on this film.
He's a former NYPD officer.
He's a Secret Service agent.
He's got a sort of, you know, there are two kinds of guys in the film.
There are ordinary people who feel the hot breath of the police state.
And we, in some cases, we have hidden footage, surveillance footage, dash cam footage.
In some cases, we recreate events with clinical accuracy.
But the other type of guy in the film is the architects, the whistleblowers, the informants, the people who know the kind of evil machinations of the police state, how it's constructed, how it actually works.
So Dan, will you help me on that side of the film?
And we're very excited to be releasing this together.
steve bannon
Fantastic.
Okay, so it's Monday.
Once again, where do they go to the website?
You can't walk up to the theater, you gotta have a ticket.
unidentified
Where do they go to the website to get a ticket?
It's not .com.
PoliceStateFilm.net.
Plug in your zip code, boom, you'll see all the theaters, and fill up the theaters, because that will send a kind of electric shock through the police state, and that's what we need.
We need some powerful pushback.
steve bannon
Dinesh, fantastic.
Great, great.
Glad you and Banjina are doing this.
Amazing.
Timing couldn't be better.
Dinesh, also your social media.
How do people follow you?
unidentified
You can just follow me at Dinesh D'Souza on X or on Twitter.
I also do a daily podcast, the Dinesh D'Souza podcast.
It's in audio and video.
But first stop is PoliceStateFilm.net.
steve bannon
Dinesh, honored to have you on here.
Thanks.
We'll try to drive as many people to this as possible.
People have got to see this.
Thank you, sir.
unidentified
Thank you.
steve bannon
We talk about, you've got filmmakers like Dinesh, we talk about the Patriots economy all the time.
Go to Public Square, go to PublicSQ.com if you're a provider of services, goods and services, you can list for free.
If you want to check out Patriots that support your lifestyle or don't hate your values, go check it out.
We now have Wendy, Kenny, a lot of these from Revere.
A lot of this couldn't exist unless we had your company, right?
I've got about a minute.
Tell us tell us about it and then we'll go to break and have you hang around.
unidentified
Thank you, Stephen.
Thank you to the War Room Posse and your staff.
Revere payments is a alternative in the parallel economy or Patriot economy to the woke payment processors.
We don't shut people down because they tweet.
We don't shut people down because they have a specific belief or ideology.
We don't ask who you vote for.
It is truly a freedom brand.
steve bannon
Because that's been a huge, the payment processors is the way they shut so much down, right?
unidentified
That's right.
steve bannon
Who are the payment processors that came in and just said, no, you guys are bad guys and we're shutting down these companies.
unidentified
I mean, you look at Stripe or you look at PayPal, we hear it every day, all day long, all day long.
We have clients who've been shut down seven times.
steve bannon
Seven times.
And if you can't do your payment processing, you basically don't have a business, right?
unidentified
Yeah, here in Vegas, I just talked to a guy who told me he has three different payment processors for different products, and he runs a store, and he's got to use three different retail point of sales for his products.
steve bannon
And Stripe and PayPal are the ones that shut everything down, right?
unidentified
Stripe, PayPal, and some of the banks.
The banks are notorious for doing that as well.
Notorious.
steve bannon
To de-bank you.
unidentified
De-banking, and they have your payments as well, and then they have your money, and they can seize your money.
That was the problem we heard about last night.
steve bannon
Okay, we're gonna take a short break.
Be back in the War Room in a moment with Wendy to tell us about the Patriot economy.
Back in a second.
unidentified
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. Bannon.
steve bannon
Wendy Kenney is one of those people behind the scenes that is actually saving so much of the patriot movement here.
Here's the reason.
In the mechanisms of the Patriot economy, or just the overall economy, you have to have a payment service.
Most people just think banks just do that.
But we've had a, really, a plague.
Of these people just determining, with no justification, that you're not worthy.
And this is basically debanking.
You're not worthy to basically be in business.
And this is where they, particularly at the beginning, shut people down with no explanation at all, no rationale, just bang.
unidentified
Correct.
And you see it on a broad spectrum.
You see it not only from a business, you know, a business getting their merchant services shut down and then getting their accounts frozen, and you see it with just consumers as well.
Not all banks are payment processors, and not all payment processors are banks.
We warn people consistently, if you are in what the banks see as a reputational risk, that's a catch-all for anything they want, any reason they want to shut you down, don't process your payments where you bank.
Because they have full access to your bank accounts.
They can come in at any point, pull money, freeze money, freeze accounts.
It's a very dangerous situation.
steve bannon
Because once they got that, they have your cash.
unidentified
That's right.
Right?
steve bannon
They shut you down.
unidentified
That's right.
steve bannon
You're done.
unidentified
That's right.
steve bannon
You can go and whine all you want, but it's their decision-making where they let you have access.
People forget the great Mike Lindell.
This whole thing started with Mike Lindell, not just pulling back the credit, but it was the merchant services.
unidentified
That's right.
steve bannon
His guys, the payment service guys, shut him down.
unidentified
That's right.
steve bannon
He had been, I think, at American Express or somewhere for decades.
And boom, they shut him right down.
unidentified
That's correct.
And we've been doing this for about 20 years.
So I started in the industry with an entire vertical that the banks deemed as high risk and were shutting down and holding money.
And that was in the direct selling space.
So we've been around a long time in this cancel culture world.
We just didn't realize it would evolve to cancel culture.
Because you say something, or you have a certain business that people don't like, or you put an American flag up, or you make American flags.
steve bannon
And those are the type of reasons things have been pulled.
unidentified
That's right.
steve bannon
The reasons people would blow their heads up.
But once this happens, this is a death sentence.
unidentified
Yes.
steve bannon
Particularly if you're going in cash flow and you're cash flowing things.
Look, for Mike Lindell, that great company, I mean...
They were an extremist for a while because their merchant service thing, the accounts shut down and they didn't process their payments.
The companies Revere?
unidentified
Revere Payments.
steve bannon
How can people get access to you?
How do they say, hey, I've got even, is there a certain size that you have a minimum requirement for?
unidentified
We do not.
Nope, nope.
We love everyone.
Equally.
steve bannon
You will take on all commerce?
unidentified
We will, we will.
steve bannon
So in the public SQ, we're trying to get entrepreneurs, because they're in exchange, eventually they're going to try to be like Amazon.
unidentified
And we're partnered with public SQ.
steve bannon
Are you the payment processor?
unidentified
We are, we are.
steve bannon
Do you take on basically all the patriot economies?
I know War Room is with you guys.
This tech thing is so far beyond me, but my team, Grace and the team who do a great job, said you are by far the best and provide the best services.
unidentified
Thank you.
We really pride ourselves on White Glove Service and nothing is sent offshore.
So when you call into Revere, you call into the United States, nothing is sent.
We don't send you to some foreign, obscure country.
You talk to the same people over and over.
The White Glove Service is really something we have done for 20 years and what we're known for.
steve bannon
Remember, when President Trump left in January, February of 2021, all the people associated with President Trump were debanked.
I'd been in places for 30 and 40 years and made these people a lot of money.
Didn't care.
unidentified
Boom.
steve bannon
Gone.
These people were just brutal.
If you're associated with Trump, it's called reputational risk, which is total nonsense.
unidentified
They did this to a doctor recently.
A doctor with all his executives and then his extended family members.
They debanked everyone associated with him.
steve bannon
So how do they, once again, where do they get folks out there?
Because I know we get a whole, we're approached every day by people that want to become part of this patriots economy.
We're building an alternative economy.
Just like Dinesh D'Souza talks about the police state, it's happening.
We can't let ourselves fall to the financial infrastructure because then they have total power that can shut you down.
Where do people go?
unidentified
So, ReverePayments.com.
They can also follow us on AskTruth or gather at ReverePayments or they can follow me at PaymentsCEO.
steve bannon
Amazing.
You're doing a great job, and thank you for all the help you've given the War Room, because we wouldn't be the robust, vibrant operation we were if it was not for you.
So, Wendy, thank you so much.
unidentified
Thank you.
steve bannon
Okay, the next hour, Alex Jones, Eric Prince, Ken Paxson, Caroline Wren.
unidentified
Wow.
steve bannon
Mike Lindell.
What a show.
Stick around.
We're going to go out.
With I'm Bound for the Promised Land by the Hillbilly Shakespeare, one of the greatest musicians in the history of this republic, Hank Williams.
One of his best songs.
Take it away, we'll see you back here in a moment.
Second Hour of the War.
unidentified
On Jordan's stormy banks I stand And cast a wishful lie To Canaan's fair and happy land Where my possessions lie I am bound for the promised land.
I am bound for the promised land.
Oh, who will come and go with me?
I am bound for the promised land.
For all those wide extended plains shine on eternal day.
There God the sun forever reigns and scatters night away.
I am bound for the promised land.
I am bound for the promised land.
Oh, who will come and go with me?
I am bound for the promised land.
No chillin' winds nor poisonous breath can reach that helpful shore.
Sickness and sorrow, pain and death are felt and feared no more.
I am bound for the promised land.
I am bound for the promised land.
Oh, who will come and go with me?
I am bound for the promised land.
When shall I reach that happy place and be forever blessed?
When shall I see my father's face and in his bosom rest?
I am bound for the promised land!
I am bound for the promised land!
Oh, who will come and go with me?
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