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Nov. 20, 2023 - Bannon's War Room
48:42
Episode 3188: Populist Victory In Argentina; MAGA Viewed As Biggest Threat
Participants
Main voices
d
dave brat
06:13
s
steve bannon
25:56
Appearances
d
donald j trump
03:09
j
janet yellen
01:35
m
mike lindell
03:08
Clips
a
andrew ross sorkin
00:12
j
jake tapper
00:08
j
joe scarborough
00:28
j
jonathan lemire
00:33
m
mika brzezinski
00:44
| Copy link to current segment

Speaker Time Text
donald j trump
He's got a very easy job if he doesn't want to do his job.
He just has to come and collect the paycheck.
But Border Patrol and ICE, we can't ever forget ICE.
ICE goes out there and they meet the enemy.
They have a lot of enemies out and a lot of people that shouldn't be in our country.
But they go out and they see these people and these gangs of thugs and they go right in there and they start swinging.
Because there's not a lot of talking.
There's a lot of swinging, but not a lot of talking.
And when you look at MS-13, some of the most vicious people you've ever seen, they walk right in, they get them out.
We took out, Brandon, thousands and thousands of MS-13 during my administration, and we were so proud of it.
And so we have to remember Border Patrol, we have to remember ICE, and all of the people that are in law enforcement, including the incredible people from Texas that are now stepping up at a level that nobody's had to do before.
You never had to do it.
But we're going to make the governor's job very easy, okay?
I'm going to make that very easy.
Congresswomen and Louie, Louie Gohmert, the great Louie Gohmert.
We're going to make the jobs in this state very, very easy.
We're going to take over that border, and we're going to make it.
We had the most secure border in our history.
Now we have the most unsecure border in the history, I believe, really, of the world.
I don't think there's ever been a country in history That's had a border where millions and millions and millions of people are flowing into our country.
Nobody's ever seen anything like it.
And a lot of people, they say 3 million, 4 million, 5 million.
No, I believe by the end of this administration, it'll be 15 million people.
That's bigger than New York State will have come into our country illegally.
And many of those people Uh, you don't want them in our country.
unidentified
Go even a step further on this one.
I think this jumps out at you too.
Overall, this is the handling of the Israel-Hamas war.
And again, it kind of measures overall up with Biden's foreign policy approval.
But look at this.
Among the oldest group of voters, 65 plus, there's a majority who approve how Biden is handling this.
That's plus 12.
Look at the youngest group of voters.
20 approve, 70% disapprove.
He is 50 points underwater with the youngest group of voters.
That is a 62 point net swing between youngest and oldest on this topic of Israel and Hamas.
And it's a critical group of voters that he needs in order to win re-election, that's for sure.
donald j trump
But wheels and walls, they work.
unidentified
And we don't need the wheels, we just need the walls.
donald j trump
And it worked.
So we had the safest border in our history.
And you know, when I first ran in 2016, the border was really bad.
Nothing like it is now.
It was, like, incredible compared to the way it is now.
But the border was bad.
And I ran largely on the border, border, border.
And I fixed it so good that in 2020, I couldn't even talk about it.
My people would say, Sir, you're wasting your time by talking about the border.
Because we had it fixed.
The ranchers and the people that own homes along the border, they told me it was the greatest period of time they've ever had.
The four years.
And now they say it's the worst that anybody's ever seen.
They're afraid to walk out.
They can't walk out.
They can't.
They want to leave.
They want to sell their homes, but they can't get people to buy them.
But we're going to make those homes very valuable.
Just hold on to your homes.
But it was the best period of time that they've ever had, and we're going to do that again.
So we did so well in 2016 to 2020 that we couldn't talk about it.
I would go and tell my people, why don't you talk about the border?
They say, sir, nobody cares about the border because we fixed it.
I said, let's talk about the fact that we fixed it.
Nobody cared about that either.
All they knew is the border worked.
And then these guys got in here.
I won't say how, but you know how.
And the whole thing blew up everywhere.
Not only the border.
Border's one of the real bad ones, because you have some real bad people coming into our country.
But these guys got in, and the economy went haywire, and inflation went through the roof.
And inflation was caused by energy.
You know, it was really caused largely by energy.
unidentified
The thing that I would focus on if I was the Biden campaign is a very primal thing that's going to happen to voters when they walk in.
Biden is safe.
Trump is unsafe.
He's unsafe if you're a woman because you're going to lose your right to choose, and we all know how powerful abortion is.
He's unsafe on the world stage.
You get generals start talking about, go to the primal thing that, yes, Joe Biden One thing you can feel safe, America, is with Joe Biden.
Donald Trump is dangerous to you.
He's unsafe.
He's unfit.
And I would start to use the word fitness versus unfit.
Fitness is a little bit of a metaphor.
You can't say that he's young.
But you can say that Biden is fit.
And the other guy is unfit.
And draw that contrast.
But make it about danger and safety.
Biden will never be sexy.
He's not going to be sexy at 81.
Biden was not sexy at 62.
But he is safe, and he is fit, and the other side is not.
mika brzezinski
Decisive presidential runoff election yesterday.
Javier Mille won 55% of the vote.
The second-place candidate won 44% of the votes.
As crowds took the streets of Buenos Aires last night, President-elect Mille spoke of starting the, quote, reconstruction of Argentina.
The Associated Press reports Millet is a self-described anarcho-capitalist who has been compared to former President Donald Trump, and that his screams resonated widely with Argentines angered by their struggle to make ends meet, particularly Well, this, Katty, is a global phenomenon, is it not?
joe scarborough
I must say, I was surprised by the outcome.
I thought it would be much closer after seeing what happened in Poland.
You really do start to think that maybe these anti-democracy forces will, in the end, get overwhelmed by people who actually Don't want.
Don't want radicalism.
But that didn't happen in Argentina.
Not even close.
Talk about the impact.
unidentified
Yeah, I mean, look, this is a country where inflation is running at 185% for Americans who got very stressed when inflation was at 6 or 7%.
Look, that puts it in some kind of perspective.
People were really fed up.
And they felt that the people who'd been running the country for the last 20 years just kept repeating the same problems.
I mean, there are so many echoes here of Bolsonaro, of Trump to some extent.
But Millet is just way out there on the extreme scale.
He's the one that he called Pope Francis a leftist criminal, an evil leftist.
He says that climate change is a socialist lie.
He wants to recriminalize abortion in the country.
He wants to dollarize the economy.
He has absolutely no experience of governing.
He's never been elected to office.
He was a TV host.
So they've gone from kind of, well, we knew this and it didn't work and we've got 185% inflation to thinking, what the heck?
We'll try this guy.
He has things that sound crazy, like, you know, he spent $50,000 cloning his dog once and wielded a chainsaw out on the campaign trail.
But we're going to roll the dice, I guess, enough Argentinians felt, and give it a go.
I mean it's not very easy to see how this can work out well for the Argentinian economy or the Argentinian people given some of his proposals, but the country's been in a mess and that's where it led.
This is a video of the Argentinian people in the streets of the capital of Argentina, in the middle of a riot.
Argentina!
Let's go!
Let's go, country!
Thank you.
Freedom!
jonathan lemire
There seems to be, and a lot of Democrats have sounded the alarm to me, about the enthusiasm gap.
Donald Trump, for all of his flaws, and as Mika said, there are many, he does excite the Republican base.
And we know that his diehards will be out there next November if he is the nominee.
There's concern, though, among Democrats that some of the core pieces of the Democratic base, young voters, voters of color, particularly young voters of color, may not be, and not that they would break for Trump, I think we're all a little skeptical of some of the polling, They might just stay home, and that in itself would be the difference.
So how does Biden address that enthusiasm?
unidentified
That is a problem.
Let's take a look at Philadelphia.
We're always talking about Pennsylvania as the keystone state, and it is going to be the keystone state, I believe, next year.
Philadelphia turnout in the 2020-22 election was low.
And there are a lot of reasons for that historically, but it was low.
And you can't make people vote.
You got to get out there and rally them.
You got to excite them.
And I think that is a challenge in the city, where they're going to get the great democratic majorities, of course, 500,000 vote majorities, perhaps, and then you get the suburbs.
I think women are excited by the fact of the horror they're facing, of the president saying, I want women to suffer over abortion decisions.
I mean, that's a horrible thing to say in the first instance, but politically, it's horrible that you say something like that to people who are the victim group.
And if your policies, you're the one, Donald Trump of getting rid of Roe v. Wade.
You did it.
You got those three judges in the court.
And so you're responsible for that one thing.
You did it.
So I think that's a case where the women and the men in the suburbs too are gonna say, this guy's wrong on an issue that really matters to me.
I think that's already there.
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
Here's how I got a free shot on all these networks lying about the people.
The people have had a belly full of it.
I know you don't like hearing that.
I know you try to do everything in the world to stop that, but you're not going to stop it.
It's going to happen.
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. Bamm.
steve bannon
It's Monday, 20 November, year of our Lord, 2023.
Welcome to the War Room.
It is the beginning kickoff of Thanksgiving week.
Of course, some people will get to this later in the show and throughout the week.
They want it to be truth giving, I think, about the occupiers, about what really is the history of this country and the rightful place of our ancestors in building this magnificent country.
So we're going to go through that.
Every day this week and talk about it.
Over the weekend I've seen amazing polling coming out in every different level.
Full panic mode.
And here's the framework.
This is why we did the Economist cover story last week.
The framing, Biden is safe, Trump is unsafe.
I want you to think about that for a second.
Trump gave you four years of, well, at least three great years of peace and prosperity before the Chinese Communist Party hit us with a bioweapon and the BLM neo-Marxist, Antifa neo-Marxist, George Soros, all the left-wing progressive groups,
Had the head try to do the cultural revolution starting with the George Floyd situation in June the summer of love President Trump's record of peace and prosperity That's what you know and in their in their big article day in the hill about about Young black well actually all black men right african-american men are pretty indecisive are shifting indecisive of who they're gonna vote for but it looks like they're shifting to Trump and
In a major way, actually leaving the Democratic Party.
And this is not just staying home, maybe actually voting for Trump.
Because they love his economic policies.
They look around at the lived experience, their lives right now in the, uh, in, in particularly in these big metropolitan areas, the, uh, illegal alien invasion has made life, which is already tough.
They're even tougher.
The economy's made it almost impossible to live.
They're running a massive credit card debt.
It's on basic policies that they're coming to Trump.
President Trump's campaigns would be quite simple, peace and prosperity.
He gave the world peace, and he gave this country extraordinary prosperity, and with it the world was prosperous.
This is why America First is not selfish.
America First is not xenophobic.
America First is anything but isolationist.
America First, the basic underlying theory of the case, Is America is, uh, is strong and prosperous and free.
The rest of the world has a shot to be strong and prosperous and free.
And you have no better example from the chaos at the end of the Biden Obama administration and what Hillary Clinton was offering the neoliberal neocon order, which you saw collapse yesterday in Argentina, 5544, a complete total landslide blowout.
Now, Millet has his job cut out for him.
That is the neoliberal, neocon order in complete, total collapse.
He's got his work cut out for him.
But I want to go back to Donnie Deutsch.
Donnie Deutsch is one of the marketing heads of the Uniparty, of the established order, a former senior Madison Avenue guy.
Biden is safe, Trump is unsafe.
We'll take that bet.
If you want an up or down vote in the nation on that, we got that.
We'll take that bet.
That Biden is safe and Trump is unsafe?
We'll take that bet.
President Trump gave this nation, in a very tumultuous area, a fourth turning.
Peace and prosperity.
Didn't start any wars.
And it would destroy the caliphate.
Destroyed the caliphate.
A caliphate much more powerful than the Muslim Brotherhood franchise in Gaza.
Right?
And the Israelis are making a mess of that on the information war.
They're losing the information war every day.
And every time they try to double down and win it, they only make the situation worse.
President Trump, he destroyed the physical caliphate of ISIS.
He stopped, you know, he pushed hard to get out of Afghanistan and eventually set the framework up that we could get out if Biden had been able to manage it.
And he gave us prosperity.
Unbelievable prosperity.
Look at the year 2019.
Unbelievable prosperity with no inflation and low interest rates.
Biden's safe.
Trump is unsafe.
We'll take that bet.
America wants to do an up or down vote on that.
Let's have at it.
Short commercial break, we're going to break it all down from J6 to the gag order next in the war room.
andrew ross sorkin
The Biden administration has this $105 billion security age package on the table.
What's the chance that it gets passed before the end of the year?
janet yellen
Well, it's a critical priority for the president and critical to the national security of our country.
I can't prognosticate about the timetable on this.
I'm pleased that Congress has passed legislation to keep the government open and running, but it really is essential That this aid be provided both to Israel and to Ukraine.
We can't allow Ukraine to lose a battle on the home front because it lacks enough money to keep school teachers in the classroom and first responders on the job when it's fighting valiantly on the battlefield.
So Ukraine is utterly dependent on this aid.
We need to join others.
Our European friends are providing – have provided 50 billion euro of aid to Ukraine over the next four years.
The IMF has provided over 15 billion.
They need us to do our part for this to hold together as a package.
And of course, Israel urgently needs aid as well.
And this aid is critical to the national security of America.
We – if Putin were to win this brutal – Okay.
unidentified
uh...
steve bannon
There you see the continual fantasy.
It's not going to pass, not going to pass this year.
And it ain't going to pass next year.
I want to put this in perspective.
Biden gave, I think only his second address from the Oval Office about this very topic was in September, October.
It was pulled out of the CR.
The CR being bad enough, but it was pulled out, not even discussed, not going to happen.
Boom, off to the side.
There is no momentum and we must unite and make sure not one more penny spent on the corrupt oligarchs in Ukraine that have already killed 70,000 of their people, are allowed to be killed.
Obviously the Russian army did it.
Harnwell's going to join me at six o'clock tonight.
You've got Zelensky's now firing.
The open rift of the military is out in the open.
He's firing military commanders right now.
Of course, Lachlan Murdoch.
You just got to love him, don't you?
Lachlan Murdoch's in Kiev.
He's there.
They're going to do a bread bear special.
I think tomorrow night or Wednesday night, just for you to get ready for Thanksgiving.
On Zelensky they're doing a they're doing a one-on-one Exclusive interview with Zelensky so he can be a supplicant at the end beg for money over the over Thanksgiving.
I Want to remind people we have a two trillion dollar I Have a two trillion dollar Deficit again this year without any of this two trillion dollars.
We have no earthy idea No concept of how that gaps gonna be closed none also On the afternoon of the, I think it was, and I'll be more precise maybe this afternoon, but I'm close enough for government work.
On the 28th of September, if memory serves me correctly, on the 28th of September of this year, 28, September 23, we passed $33 trillion in total debt.
28 September 23, we passed $33 trillion in total debt.
$33 trillion.
We are at 33 point, I want to say point 8 trillion right now.
33.8 trillion right now.
I just looked at the clock late last night, but roughly 33.8 trillion.
I think we will pass 34 trillion in 100 days from the 20th of September.
I want everybody to think about that for a second.
We're going to add a trillion dollars.
To the face amount of our debt in a hundred days.
It's not going to get any better having her on there like your crazy aunt Betty.
This is supposed to give confidence to capital markets is supposed to give confidence to the American people.
You wonder why it ties directly back to the polling.
You wonder why in particular people that are struggling.
Particularly people that the Democratic Party has leeched off of for decades and decades and decades by promising them, Oh, the government's going to be there.
You have all these government handouts.
It didn't work.
And now their lives are being crushed.
And these folks are very smart and they're sitting there going, this is not working for me.
These, these complete, you know, it's back to Donald Trump.
What the hell do you have to lose?
What the hell do you have to lose?
They didn't turn out for Hillary in 16.
And they're not going to turn it again.
And I actually believe that Hispanic and African-American men will turn out to Trump in record numbers.
The polling is already 49-46 men of color.
This ties exactly back to Janet Yellen.
She's sitting there.
Is there any money at all to actually seal the border and start deportations?
No.
Eric Adams is in New York City right now.
He's cutting heat.
We told you he was depending on a $15 billion bailout.
Then he put the number you got to give me at least five and he $5 billion.
The number zero is not getting anything.
And now they're cutting the police force by 20 per 20% less to the cops.
I think a billion dollar cut at education.
While they're taking on more more illegal alien invader students.
This is an invasion.
This is an invasion of our country.
Carrie Lake was going to call it that the very first day when she won the governorship back in 22.
This all the financial crisis in the end you have a financial crisis leading to an economic crisis that now is having impact.
People before is all ephemeral.
I don't understand.
People talk about budget deficits and people talk about debt and I don't understand it.
For years they said, oh, you know, I don't understand.
It doesn't tie to your personal life.
And of course, the Republicans being the feckless group that they are, what do they want to do?
Well, let's have a commission.
We need a commission.
We're going to have a commission.
The commission is going to cover things.
We're going to have an up or down vote.
Will you stop?
That's just ridiculous.
That's just kicking the can down the road.
This is not quantum mechanics.
This is not... The math is fairly straightforward.
It's the political will of programmatically, which you have to say, we ain't going to do that anymore.
Dave Brasco, German, second.
Then I got Steve Moore and Arthur Laffer and I love these guys.
They're good guys.
They're living in fantasyland.
They're back pushing, they're pushing tax cuts.
Somehow they haven't seen the mathematics here.
Somehow they haven't done the numbers like Dave Brasco and saying, hey bro, the actual A real growth rate of GDP, when you back out the massive government spending, when you build a Keynesian project like we've never had before in American history, it's actually, yeah, we kind of get a recession, it's negative 8%.
On TV, on the thing, oh, it's great.
This thing is growing.
It's fantastic.
What's fantastic for the wealthy is fantastic for the elites.
It's fantastic for the oligarchs on Wall Street.
It's fantastic for those traitors that sat there, you know, standing ovation with the little cameras taking photos of the dictator Xi.
It's fine for that.
But the lived experience of the working class and the middle class in this country They're living in the negative 8%.
They know it's a recession.
You don't have to come up with some econometric model and have some knitted brow and point to a chart.
They're living it.
They know that.
They're the ones living the 1.1 trillion dollars of credit card debt.
Think about that for a second.
1.1 trillion dollars of credit card debt.
You don't think those young people know that?
At 30% APR?
With what is it?
20% is non-performing or 15% is non-performing?
And you understand you're about to be kicked into the dustbin in a credit-based society where not only are you going to declare bankruptcy and they'll give you another card in six months.
It's not that.
You can't get an apartment.
You can't get an auto loan.
You can't get a mortgage.
You can't really live.
You don't have any shot for the American dream.
This is what happened in Argentina yesterday.
Does the anarcho-capitalist have the answers?
Hey, I don't know.
I like some of the stuff he's talking about, but he's got, like, for instance, taking out his central bank.
He's got to go tackle inflation right now.
It's 180%.
It's like the early days.
It's like the Weimar Republic before that thing exploded and went to 1,000% inflation.
Wheelbarrows of cash.
He's the interim solution.
People don't fully understand this program, but they understand it's different than the neoliberal.
That hasn't worked.
It's only crushed the country more.
This is what Trump's about.
Remember, Trump came in as a disruptor and all is a disruptor.
He's a disruptor.
Years of peace and prosperity.
Four years of peace and prosperity.
Four years.
And then hit by a bioweapon and, of course, the neo-Marxist revolt of our elites.
Many of those elites today are saying, oh, but people who paid for all those groups, who pushed all those, who pushed all those programs, the progressive left, Many of whom now find out that their buddies that they were financing all those years have turned on them, have turned on them viciously.
They're like, oh, that's a surprise to us.
Your boy Greenblatt over at ADL.
Yeah, he's out there saying we're going to cut everybody off.
Hey, bro, you and your buddies have been financing those guys for years.
Didn't you do any due diligence?
Didn't you, like, ask some questions here when you were demonizing and calling MAGA, you were calling MAGA, you know, domestic terrorists, violent extremists?
I noticed the other day you had a glint, you know, you had a tear in your eye, a glint in your eye when you're looking at all those red ball caps out there at the, at the, at the Support Israel.
You weren't calling them domestic terrorists that day, were you?
unidentified
No, no, no, no, no, no, no, no.
steve bannon
Because the whole thing comes down to you folks.
This is what the economists, just make sure we understand the signal.
Here's the signal that you led by Donald Trump are the greatest according to them are the greatest threat, not just simply to the United States of America, but to the world.
Okay.
That's their framing.
You and Trump who have done more.
Than any group and maybe in the history of this country to save this nation in one of our most trying times.
The days ahead of us are going to be very long and very tough.
But I'm feeling pretty good.
You know why?
I see who's lined up on our side of the football.
I like that team.
unidentified
A lot.
steve bannon
I like its grit.
I like its determination.
I like its focus.
You know what I like most about it?
unidentified
It's just plain old American cussedness.
steve bannon
The fight's over and we say it's over.
unidentified
And it's a long way from being over.
Back in a moment, Daybreak.
steve bannon
You know, Rush Limbaugh would tell folks when they were getting into this business, it's about two or three hours of prep.
This is what he would do.
Two or three hours for prep for every one hour On the air.
So we're up four hours a day and even then I don't think we can get it all in because as you know, we're pretty jammed.
So we start pretty early in the morning.
That's where we got a tremendous team our production team and then Grace and Mo and all the all the other folks that run the business side and help do the distribution.
It's a it's a long effort.
And of course the guys in Denver Real America Voice just fantastic.
Our Denver team is the best.
Although I've been known to you know, Get on them every now and again, like we get on the team.
As long as the team here, as long as they're sullen and not mutineous, as they said in Nelson's Navy.
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Now's the time, more than ever.
See what's going on in Argentina?
See what's going on in the United States?
You hear Yellen talking about, oh, we've got to get 80 billion.
Can you imagine that, the concept of 80 billion?
And she says, oh, the IMF's good.
They're a five-year program.
They're going to put $15 billion in.
We put $120 billion in.
They want another 80 billion.
No, because it's a money laundering operation.
Not even talking about money laundering.
Go to birchgold.com right now.
Check it all out.
Get all the information, particularly why the BRICs, the central banks of the BRIC nations that are de-dollarizing so quickly, are buying gold at record rates.
Ask that question on the Philip Patrick theme.
Dave Brett, our buddy Steve Moore.
We love some Steve Moore.
He had one in Fox.
He had one in Fox that just got to me.
He talked about this national conservatism.
And national conservatism, that's just another effort to kind of take your eye off the ball.
We have a populist nationalist movement, right?
A populist nationalist movement that puts America first, and more importantly, America's citizens first.
That's the movement that President Trump's leading.
He's got this fantasy paper that's basically telling the working class and the middle class, what are you whining about?
It's been great.
You've been on a roll.
You should be thankful.
And the evidence he supplies is, how do I say, he didn't bring his best.
So Dave Brat, we got you out of the gym.
I now realize how you look so good.
You drink Warpath coffee, you go to the gym.
First of all, give me Janet Yellen.
Does that make you feel good, your Secretary of the Treasury?
If we can put up the chart.
The Secretary of the Treasury has got to be looking at this chart.
So Brett, help me out here, bro.
How do you close the gap?
Of now $2 trillion.
And I'll talk to you after the show about the math.
I think we add a trillion dollar face amount to the debt.
I think we go from $33 to $34 trillion.
I think we go there in 100 days.
It was September 28th we passed it.
Right?
In this fiscal year we passed $33 trillion.
I think we'll be at $34 trillion before 100 days from September 28th.
Sometime in January.
before a hundred days from september twenty eighth sometime in uh... sometime in january uh... your thoughts are you know that's right The boring guy, CBO, has us at $50 trillion in debt in 10 years, right?
dave brat
So the boring guys are saying $2 trillion a year, and the math you're doing is, you know, another leap and bound beyond the $2 trillion a year because of these wars and these fantasies.
I'm glad I took another deeper dive.
The immigration number is $450 billion per year.
I thought that was a 10-year figure.
The open border cost to the American taxpayer is $400 billion a year.
That's another $5 trillion over the 10-year window.
Steve Moore doesn't want to take on that one, for example, the immigration.
They say it's a net positive because if you bring people in, GDP grows.
Well, of course it does, but GDP per capita doesn't grow, and that's what maximizes your happiness there at home.
Plus, I'm glad you're going back to the American founding and the history and everything, because the open border gets to the architecture question, the architecture of a republic, which used to rely upon the rule of law, private property rights, and going way back to old John Locke, he had this term called self-propriety, meaning self-property.
You have a right to yourself, no taxes.
So, Steve, we're with you on the no tax thing, but we've got quite a few problems on our And they're the ones I always throw at the presidential candidates, right?
It's the wide open border, now $5 trillion in 10 years.
And then it's the debt bomb and the analysis I went over last time.
You can't grow your way out of it.
It requires 15% GDP growth.
And then China.
Can you really have free trade?
Can you really make a moral argument to have free trade with a totalitarian Hold it.
unidentified
Even if we get off the moral thing, it's a mercantilist state.
steve bannon
They've, Wall Street has shipped all the good jobs over.
None of his argument, plus the 25 million immigration he's saying is like a great thing.
That's not, he doesn't even mention the 30 to 40, Homan says 50 million illegal aliens that are here.
It's just living in fantasy land.
This is one of the reasons Republicans, I got a note for Steve Moore.
Steve Moore, we love you.
Arthur Lanford, we love you.
You're great guys.
There's not going to be any tax cuts.
Put up the chart.
How can you have a tax cut?
Brett ran the numbers.
The real GDP is a negative 8% for people having the lived experience.
Plus, as you said, to work our way just to get to the deficit, not to take a penny off the debt, it would take you a 15% growth rate?
Right.
Dave Brett, the way you did the calculations?
dave brat
Yeah, that's right.
steve bannon
On GDP growth?
dave brat
The first number you said, we're not taking out government spending, we're just taking out the stimulative deficit part, right?
Which is $2 trillion.
And just back of the envelope, for the folks at home, if this stuff gets too crazy for you, roughly the economy is $25 trillion, so just say $20 trillion.
$2 trillion, we're in debt.
We're taking money with the right hand over here.
Robbing our grandkids going into debt to them They have to pay it back and we're putting it over here and saying this counts as economic growth. It's just insane That's on top of the stimulative monetary policy you had for the last decade that ruined our economy And so the Federal Reserve has to go The Secretary of Treasury is just singing, you know political music All of my charts, right?
The thing about D.C.
when I was a congressman, I learned you do have to be careful because you're going to gore someone's ox.
If you're on this side of the argument, you're going to get hit by a bus.
And if you're on this side, you're going to get hit by a Mack truck.
So the numbers I put up are honest God's truth, right?
Because I want to be able to live with myself and tell the truth.
So when I put up numbers, they're the real story that I can go back to any time in the future and say I told the truth.
steve bannon
Even in this discussion they're going to have in January, well actually Chip Roy is going to be the forcing function when we get back right after Thanksgiving.
In the plan going forward, even the guys trying to make the cuts, I think it's $200 billion.
It's not even a drop in the bucket.
It's a start but it's barely a start.
We're going to have to have an adult conversation or we're going to be like Argentina.
We're now Argentina is going to take, it's going to, Argentina is going to need extreme measures and they're going to go through some hurt.
They're already going through some hurt, but they're going to, you don't, you don't sort these when you've kicked the can down the road and you've looked the other way and nobody still sits there and goes, okay, programmatically, structurally and leaving, uh, the social security and Medicare aside, just let's leave those aside because politically you're going to be too tough.
You need to make actions now.
You've got the Medicaid, you have the income security, which is essentially the welfare programs, you get the discretionary spending, you get the Defense Department.
Now you've got the interest as a trillion dollars to a trillion two.
That's a massive entity in and of itself and it ain't going away.
Not one penny.
Not one penny.
Of the face amount of the debt will ever be paid off.
Never.
There's no mathematical model I've seen that shows that.
Actually, the other day I was reading a study and breaking down the Wharton model.
The Wharton guys actually say in the preface to their analysis that their modeling can't even work.
The computer essentially blows up.
If you put the same assumptions Congress does every year they've done the last couple of years, that in 20 years there's such a meltdown in the economy that they can't even run it.
That it just comes back gobbledygook.
And so you have to make these fundamental changes.
That's what nobody wants except for MAGA.
That's what nobody wants to discuss.
And that convergence, if you think you see unrest in the streets right now, if you think you see them at Columbus Circle up there talking about you being the occupiers and all of this hate, their new phrase is, you know, no climate justice in occupied lands.
No climate justice in occupied lands.
That's their new mantra.
If you think that's bad now, you ain't seen nothing yet.
You have to begin the program of mass deportations of 8 to 10 million people that you're going to tell, hey, you came here illegally and you're going to leave.
Now, couple that with massive cuts that are going to have to take place to somehow save the balance sheet of the United States.
Something's going to be done a lot more than this kind of, oh, a lick and a promise on $200 billion.
I mean actual serious cuts to federal spending.
And that's, you know, that's the MAGA program.
And that's, you're going to see, you're going to see the, the, the, all the money that's been put into these left-wing groups, all the money's been put into the propaganda to these schools, all they've turned these children and kids into people that hate America and hate this republic.
And quite frankly, hate their families and what their families stand for.
All that's going to come to the surface.
And much harder than it is today.
You ain't seen nothing yet.
The hard work's all ahead of you.
Now, that's why MAGA is so important.
That's why MAGA, being the backbone of this nation, you're going to be called on again.
Like you've been called on every time before to save this country, you're going to be called on again to save this country.
And it's not going to be pretty.
That's why this Thanksgiving, you know, we're gonna be putting up facts and talking points and things you guys look to, but this Thanksgiving, don't back off at the table on vaccines, on vaccine mandates, on COVID, on the World Economic Forum, on anything with the pandemic, on the evasion of the southern border, on Ukraine, on any of it, on Sharia supremacism.
The facts are on your side.
And it's time now to say, hey, look, I've heard enough of this.
I've got enough stink eye from my in-laws.
I've got enough stink eye from the third cousins down at the end of the table.
It's time.
Hey, guess what?
Put that drumstick down for a second.
unidentified
I'll give you some Donald John Trump facts.
steve bannon
Both barrels, right?
Brett, your thoughts.
dave brat
Yeah, well, you can always share the data with them.
I'll just put up a couple charts.
I got 10 of them ready to roll, but I'll just put up one.
Steve Moore, you know, lays his whole argument down on real family median income.
So if Denver wants to put up the first chart, and I just want to show you this and then read off a chart.
So Steve's talking about the blue line down there.
That's real median family income.
And he's got the chart making it look like it's going up through the roof like a rocket ship.
So I just went out and got the first one I found from the Fed.
And then above it, the red line is real GDP per capita growth, which is faster.
But as I've shown on the show 22 times, real productivity growth has been going down for 50 years.
Real GDP growth has been going down over the past 50 years, right there on the next charts.
But I'll just read the Federal Reserve quote below that first graph.
Here's from the Fed.
Quote, for example, median household income has stagnated now for two decades, while GDP per capita has steadily increased.
Let's try to straighten out this puzzle.
So Steve's one big link is that blue line going up.
And if Denver wants to go down a couple more, there's one with a share of, you know, the wealthy own 90% of the stocks, bonds, and pensions.
And then there's one with blue lines.
unidentified
And go to the next one, Denver.
steve bannon
Brett, hang on for one second.
We're going to take a short commercial break.
You hang on for one second.
We'll come right back.
I don't want to get into some receipts.
on a Monday morning.
Also, we're going to talk about the J6.
Footage coming out, not so hot for Liz Cheney and Kinzinger.
Kinzinger, you're going to have something to cry about here pretty shortly.
next in the war room.
unidentified
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 the Host Stephen K. Bann Okay, we got more economic data we gotta go through.
steve bannon
I've got all of J6 exploding, revelations happening there.
We've got also polling, some amazing polling, and also the COVID conference.
We had Peter McElvenny over in Romania, in Bucharest.
It was just incredible, incredible, incredible, incredible.
And we're going to break it all down for you.
Naomi Wolf's going to be here to do that.
I want to make sure, the phone that the government can't listen to you on, Unplugged.
This is the one that Eric Prince has been working on for so long.
Unplugged.com.
Go there, immerse yourself in information.
If you don't want your data sold, if you don't want people to get access to your data, if you don't want all these impressions, 72 million coming into your kids by the time they're 12 or 13, if you don't want people listening in on your conversations, go to Unplugged.com.
Eric's worked on this, put his heart and soul in this for the last couple of years.
We're very honored to present it to you, so go check it out.
Brad's going to join me back here in a minute.
Mike Lindell's got a very special announcement.
Mike, I know you've been working all weekend on this.
What do you got for us, brother?
mike lindell
Well, as you know, the War Room Posse is our number one supporter in the country now, and we filled up the factory floor.
And now this week, we're going to run, for the War Room Posse, a free shipping on everything.
So their whole order, no matter how small or how big, we're moving employees actually over to the shipping department.
And we tried it over the weekend.
There it is, everybody.
Free shipping on your entire order.
We've never done this.
It's been a long, long time.
Maybe a year.
I don't even know.
And use that promo code War Room.
We're going to go through Cyber Monday to next Tuesday.
Free shipping on your entire order.
And then we keep everything still on sale.
You got the MyPillow sheets as low as $24.98.
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We're going to keep these things on sale at $39.98 for the queen.
King size just $5 more.
Then you have the designer towels there at $49.98, 50% off.
We also have our other towels available at $29.98 for the six pack set.
And we've got beds.
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All of this now you can get for free shipping.
So you're saving not just that huge savings on the mattress Toppers and the beds, but but you're getting now the free shipping and as everyone knows it's quite expensive to ship nowadays But we're we're running.
This is a thank you a Thanksgiving special free shipping on your entire order with that promo code war room And if you can't everybody keep those operators love talking to you that that number 800-873-1062 At 800-873-1062.
Steve, they've been busy all last week when we finished off the sale on that that we had last week.
But this is very special.
And I wanted to get on here and talk about the War Room Pass.
You guys are number one supporter of my bill in the country.
And we are so grateful.
And this is our way of giving back free shipping for the War Room.
steve bannon
Uh, really amazing.
Uh, I really appreciate that.
And real quickly, you've actually shifted people over to shipping so they get ready and push out all the holiday, all the Christmas, Thanksgiving orders.
mike lindell
And that, and that's everything you guys who can, uh, you know, if you need that, we have come down comforters, we have blankets, all these blankets and slippers and everything is still on sale.
We just now are adding the free shipping for the War Room Posse.
Uh, get yourself something, you know, everybody needs to be sleeping great.
This, uh, The place we're at with our country right now, and you can get all your Christmas shopping done, everything, over 220 items, you guys.
steve bannon
We need to sleep the sleep of the just.
Free shipping.
Mike Lindell's doing this as a thank you to the Worm Posse for your support.
You guys have been unbelievable.
Make sure you go to mypillow.com, promo code WORM, or call and talk to an operator, 800-873-1062.
These people are fantastic.
Tell them you love them, and we're here to support them.
We're not going to let the IRS mess with them.
Mike Lindell, thank you.
I knew you were working all weekend on something big, so thank you.
mike lindell
I really appreciate it.
steve bannon
It's really honored you do this for our audience.
mike lindell
Yeah, thanks.
And everybody there, my people that were down there, they're making all those 5-pillar 2.0s.
You guys kept them busy, but we're shifting them over to the shipping department now, so fill up those phone lines and those orders.
Take advantage of this.
We have 240 items.
See, we have some items up to 80% off.
And we have all the Christmas items, too, you guys, for your Christmas trees.
You know, underneath that, we have all these Christmas decorations and everything else.
We're not just betting products.
So check that out.
Do all your shopping there right now for that free shipping on an entire order that we're doing this week for the War Room Posse.
steve bannon
Thank you, brother.
Appreciate it, Mike Lindell.
Working all weekend to make sure everybody gets all of their presents for Christmas.
Thanks, brother.
Appreciate it.
What a great thing.
No shipping.
No charge for shipping.
Thank you, my man.
Brat, let's go back to the charts.
I'll turn it over to you.
We've got a couple minutes.
I'm going to hold you through the break.
We've got polling coming up.
We've got some big revelations on J6, this COVID summit, all of it.
Brat, take it away, sir.
dave brat
Yeah, well I'll just go, Steve Moore's main point he summarizes in a nutshell, and you know, I'm not speaking for this other school of thought, the Nat conservatives or whatever, but he says basically they want a more activist role of government.
That right there is the question, and I think sometimes we're arguing past each other, but the answer is yes.
I do want a more activist government in getting rid of China, in getting rid of an open border, and in getting rid of debt.
I do want an activist government.
Last time Trump was in, he was fighting across the board, and any presidential candidate I hope does those three things, right?
I want the government fighting to get rid of the debt, to fight China.
Xi Jinping gave a full-on, we're Marxist-Leninist, we're quitting the Chinese peace and harmony language, we're going to a war footing.
And so if you think we're going to free trade with them, wrong planet right now.
And so that's the basic deal.
And then I got a couple of charts, the yellow and blue one, Denver, if you want to put up that first.
Steve was arguing that real family median income has gone up.
It has!
On the FAR left back in 1955, we'll just do some simple math.
It's $35,000.
At the right hand, 60 years later, it's $75,000.
So roughly speaking, real family median income doubled.
It went up 100% over 60 years.
So that is not a rocket ship going up.
That's going up a little less than 2% a year, right?
Which is, that's consistent with all the other charts I showed you.
From Northwestern, the leader in productivity in the country, Robert Gordon.
So that's not a rocket ship going up.
Steve also said that we've lived the last 40 years through the greatest period of wealth creation and technological advance in world history.
He didn't say the U.S.
has lived through that.
He said the world has lived through that.
Yeah, China grew like a rocket ship at our expense, and now they're not thankful to us.
steve bannon
Underwritten by us.
dave brat
They're punishing us, and they're going to war against us.
steve bannon
Hang on one second.
We're going to take a 90 second break.
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