Feb. 9, 2024 - Bannon's War Room
48:45
Participants
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| Speaker | Time | Text |
|---|---|---|
| This is the primal scream of a dying regime. | ||
| Pray for our enemies. | ||
| Because we're going medieval on these people. | ||
| I got a free shot 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. | ||
| And where do people like that go to share the big lie? | ||
|
unidentified
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MAGA Media. | |
| I wish in my soul, I wish that any of these people had a conscience. | ||
|
unidentified
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Ask yourself, what is my task and what is my purpose? | |
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
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War Room. Here's your host, Stephen K. Babb. | |
| It's Friday, 9 February in the year of our Lord 2024. | ||
| The day after, the morning after one of the most important days in the history of the MAGA movement. | ||
| 8 February 2024. | ||
| Supreme Court, Nevada. | ||
| This incredible indictment put out by her. | ||
| And also, the Tucker interview with Putin. | ||
| Jim Rickards, the great Jim Rickards, is going to join me in a second. | ||
| We're going to break that down, plus other topics that are driving capital markets. | ||
| I want to go first, though. | ||
| Lindell, here's my problem. | ||
| Jamie Raskin laid it out for you. | ||
| It's never over with these people. | ||
| Raskin laid it out on Joy Ann Reid last night, as clear as you could possibly have it. | ||
| He said, hey, don't fret. | ||
| We took a shot. | ||
| We tried to get the Supreme Court, but that was to get him off the ballot. | ||
| The Supreme Court just saying he's not, he's eligible to be in the ballot, that's fine. | ||
| Doesn't mean he's eligible to hold the office. | ||
| And we will decide that on January 6th at the House. | ||
| And people enjoy and read Vista, but it's not the House led by Speaker Johnson. | ||
| It's the new House that's elected in November, of which they fully anticipate to win. | ||
| And on January 6th, they're going to block Trump from taking the presidency. | ||
| As sure as the turning of the earth, if they win. | ||
| And the only way they're not going to win is if we come together. | ||
| And here's the problem. | ||
| We're driving a high-speed vehicle with a flat tire. | ||
| That flat tire is the RNC. | ||
| And the problem with the RNC, we have a cancer in the middle of it named Ronna McDaniel. | ||
| Now this is not about her personally. | ||
| This is about her as a leader of an operation that must get focused on election integrity and election security. | ||
| So Mike Lindell, That someone's put your entire personal fortune on the line and they came very close to bankrupting you about six months ago. | ||
| That's right. | ||
| Your assessment, your assessment. | ||
| I mean, you've put it all, President Trump, obviously, they're going to try to strip him next week of his entire business, put him in jail for seven years. | ||
| That's all collapsing. | ||
| Well, you bring up a good point. | ||
| The House next year voting him in, we have to secure our election platforms. | ||
| I warned the RNC a year ago. | ||
| Rudy, they're trying to put in bankruptcy in you and you're the second and third. | ||
| Rudy, you're number two, Rudy's number three. | ||
| Your assessment of Rana and what has to happen there, sir? | ||
|
unidentified
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Well, you bring up a good point. | |
| The House next year voting him in, we have to secure our election platforms. | ||
| I warned the RNC a year ago. | ||
| I said, you guys, we're two years ahead of you. | ||
| Now we're three years ahead of them and they've done nothing. | ||
| I did a huge speech at a Flashpoint event in Colorado yesterday, and that was the number one topic was our election platforms. | ||
| And we talked about Ronna McDaniel. | ||
| She needs to go. | ||
| The RNC needs to embrace our efforts. | ||
| to secure our election right now. They have to do it right now. We can't wait around for November. | ||
| We have to secure our election now and we're well on our way. We have so many successes right now, but we need the RNC to embrace our efforts and we need to... | ||
| They got to quit blocking at every turn. | ||
| And that starts from the top and that starts from Ronald McDaniel. | ||
| That's why she needs to go. | ||
| She needs to go now. | ||
| And we need a leader in there. | ||
| They asked me, Mike, would you run for RNC again? | ||
| I said, I said, we're three years ahead of what they got to do. | ||
| I don't have time. | ||
| They just need to get out of the way or embrace us in our efforts. | ||
| And we will get these elections secure and these platforms done. | ||
| And so anybody that comes to the RNC, we still have time. | ||
| Yeah. | ||
| First off, she can't be layered. | ||
| All this talk of layering, it just because you got to get to the heart of it. | ||
| That's the consultants around her. | ||
| You need a forensic audit because my question is I've started doing some cash flow sources and uses just based investment banking 101. | ||
| I can't figure I see where the sources are principally this are this audience is about two-thirds of that's why there's even this crisis now because you've cut them off and you must continue to cut them off until their fundamental changes and a forensic audit a new team to be put in there Julianne Murray at a Delaware. | ||
| You know, maybe a candidate for this. | ||
| She's serious. | ||
| You like her. | ||
| Other people that take this seriously. | ||
| She changed mail-in ballots in Delaware and became that close to being the Attorney General of Delaware. | ||
| Biden's life would be quite different if she was the AG in Delaware. | ||
| But it's no layering. | ||
| It's got to go. | ||
| It's got to stop. | ||
| People are tired of playing the operatives game and the consultants game, the RNC country club. | ||
| This is not a country club. | ||
| We're fighting for our country. | ||
| And if you don't think it's a fight, listen to Jamie Raskin. | ||
| And as bad as Jamie Raskin is, as big a communist as his father was, and as bad as Mark Elias are, those two brothers will not quit and they'll never quit. | ||
| They can only be beaten. | ||
| And we have to defeat it. | ||
| And we're not going to do it by worrying about people's feelings. | ||
| I don't care about Rana's feelings. | ||
| I'm here to save my country. | ||
| I don't care about her feelings. | ||
| It's time to move aside and get some new people in there. | ||
| Feelings don't matter right now. | ||
| Okay, it's time to move it and it should be moved. | ||
| I don't know why we're even waiting to South Carolina shouldn't wait enough should happen today and not to be layered. | ||
| We need fundamental change. | ||
| I'm going to tell you the forensic audit on that place. | ||
| I think it's going to shock some people because I can't make sense of I see the sources of press either the sources of the cash. | ||
| I don't know what the uses are. | ||
| It doesn't make sense to me that we're all that money went because all we've been doing is losing elections because only Mike Lindell is putting his private cash up. | ||
| Mike, my store and my pillow. | ||
| Give me a hit on it. | ||
|
unidentified
|
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| We got a big new commercial coming out on the mattress toppers. | ||
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| So get those mattress toppers and they'll change your bed into the best bed ever. | ||
| Mike, thank you very much. | ||
| I'll see you this afternoon. | ||
| And Mike, I don't want to hear any more whining. | ||
| Oh, you get me. | ||
| You just jam me in. | ||
| I don't get it. | ||
| For two days in a row, I got you. | ||
| You opened for Trump yesterday, the president and the press conference after the Supreme Court. | ||
| Today, you open for the great Jim Rickards. | ||
| So no more whining, OK? | ||
| Don't become behind afterwards. | ||
| You're getting primetime. | ||
| Mike Lindell, we love you, brother. | ||
| Keep fighting. | ||
| I've got records. | ||
| I want to play for Jim to come on. | ||
| Let's play last night, Tucker Carlson, this really stunning interview with Vladimir Putin. | ||
| Let's go ahead and I want to play a clip and bring Jim in. | ||
| You know, to use the dollar as a tool of foreign policy struggle is one of the biggest strategic mistakes made by the U.S. | ||
|
unidentified
|
US political leadership. | |
| The dollar is the cornerstone of the United States' power. | ||
| I think everyone understands very well that no matter how many dollars are printed, they are quickly dispersed all over the world. | ||
| Inflation in the United States is minimal. | ||
| It's about 3 or 3.4 percent, which is, I think, totally acceptable for the US. | ||
| But they won't stop printing. | ||
| What does the debt of 33 trillion dollars tell us about? | ||
| It is about the emission. | ||
| Nevertheless, it is the main weapon used by the United States to preserve its power across the world. | ||
| As soon as the political leadership decided to use the US dollar as a tool of political struggle, a blow was dealt to this American power. | ||
| I would not like to use any strong language, but it is a stupid thing to do and a grave mistake. | ||
|
unidentified
|
I could play this for hours. | |
| Jim Rickards, you were one of the truly deep thinkers on geopolitics, capital markets, the world economy. | ||
| Just your overall thoughts on the Tucker of Vladimir Putin interview last night. | ||
| Well, first of all, we'll focus on that clip, Steve, but I watched the whole interview, the whole two hours. | ||
| It was fascinating. | ||
| Putin's actually got a pretty good sense of humor. | ||
| But I know Tucker Carlson. | ||
| I spent a lot of time with him, not on TV, but just on business discussions down in Washington. | ||
| Very sharp guy, very nice guy. | ||
| But Putin is kind of schooling him. | ||
| He's talking about, you know, Prince Vladimir converting to Christianity in the year 987 and the 1654 borders with the Polish-Lithuanian Empire. | ||
| And Tucker is following it all. | ||
| But he had asked about days of Putin, so you know what? | ||
| I'll include the dates from now on. | ||
| Like a teacher saying, can you please keep up with the class? | ||
| So if you want to do something really scary, watch Biden. | ||
| I'm sure you do both. | ||
| Watch Biden's press conference last night and watch any segment of the Putin interview. | ||
| And like I say, here's Putin talking about 10th century history. | ||
| And Biden thinks the Mexican president controls the Gaza border. | ||
| This is Rickert's Why He's Best. | ||
| That's the connection. | ||
| Vladimir Putin's sitting up there for two hours. | ||
| And look, I love the fact he went back to the ninth century. | ||
| He's trying to make a point. | ||
| Yo, Ukraine's in the heart of Russia. | ||
| Now, I'm not saying you can agree or disagree with that, but he's giving you historical process to make their case. | ||
| You can debate it, but they're making the case and trying to make it irrefutable. | ||
| At the same time, Biden totters out there and can't even handle the reporters. | ||
| I mean, it was quite frankly embarrassing, and the report was embarrassing. | ||
| Jim, that's what people look on the world stage. | ||
| You've got an illegitimate guy here, a feckless old man, and Putin, for whatever you think, That brother right there is a KGB hammer, and that's what we're up against. | ||
| The mullahs in Tehran, KGB hammers in Moscow, and the criminal gang in Beijing. | ||
| These are people that play for keeps, do they not, Jim Rickards? | ||
| Absolutely. | ||
| I worked for the CIA for 10 years, and These are things that you work really, really hard. | ||
| Can we get some insight into Kim Jong-un's health or somebody else's status? | ||
| Do they have a disease? | ||
| You try to figure these things out. | ||
| Here, you've got the Department of Justice Special Prosecutor giving you basically a mental health report on Biden. | ||
| I'm sure every intelligence service read it as soon as it came out, but we can draw our own conclusions. | ||
| We don't even need that. | ||
| That's exactly right. | ||
| And I do a lot of training in body language. | ||
| It was interesting when Putin came out, sat down with Tucker Carlson, he took his watch off and put it down. | ||
| Now, either you don't wear the watch or you wear it and leave it on, but just the idea of taking the watch off and putting it down kind of struck me. | ||
| But he's brilliant. | ||
| His two favorite sports are chess and martial arts. | ||
| And it'd be one thing if Biden was like an average president and you were doing the comparison, but this isn't even close. | ||
| And it's dangerous. | ||
| I mean, you can feel sorry for Biden's mental health problems, his cognitive decline. | ||
| Why isn't he in some kind of assisted care facility? | ||
| Why does his family let him do this? | ||
| But he is president of the United States. | ||
| And we are on a, you know, for those who study, I've studied nuclear war fighting for decades. | ||
| And it's always about escalation. | ||
| Nobody wakes up on a sunny day and says, oh, I think I'll start a nuclear war. | ||
| It's because, you know, you raise the ante, somebody else raises back and you keep going. | ||
| And next thing you know, you get box into a corner and someone's using nuclear weapons. We are on escalatory paths in Ukraine, in the Red Sea, Suez Canal, and now that we put US troops, I think US Marines, on Kimoi. Kimoi Matsu, I studied that as a kid. I remember hearing about 1950s, but I've studied it in the meantime. | ||
| There are two Taiwanese islands that are about a mile off the coast of mainland China. | ||
| So, you know, leave them alone. | ||
| But why would you put U.S. | ||
| troops in there now? | ||
| These are all provocations. | ||
| They're not thought through. | ||
| And it's extremely dangerous. | ||
| Jim, can you hang on a second? | ||
| We're taking a short commercial break. | ||
| Jim Rickards. | ||
| We're going to break down Putin's talk. | ||
| Talk about Lindsey Graham and people got into an absolute duke out yesterday about going forward with the Ukraine. | ||
| Remember, this is all about Ukraine. | ||
| It is all about Ukraine. | ||
| And Lindsey Graham actually called out Kyrsten Sinema on the floor of the Senate. | ||
| Yesterday, a massive fight going on in the Senate. | ||
| As you can tell, Zelensky fired his relieved the beloved Senior General in the Uniformed Services of Ukraine as of yesterday. | ||
| A complete and total meltdown in Kiev. | ||
| We're going to get into all that with Jim Rickards plus Putin's thoughts about the U.S. | ||
| dollar next in the War Room. | ||
|
unidentified
|
Are you aware that the only way to offer amendments on a bill being considered in the United States Senate is to first pass the motion to invoke cloture on the motion to proceed? | |
| The vote that we took yesterday at 1.59 p.m. | ||
| Are you aware of the fact that people routinely vote not to proceed until they get some kind of understanding of what's coming next? | ||
| And here's what came next. | ||
| Not one effort to sit down and talk to the 41 of us. | ||
| What would you like to change your vote? | ||
| The fix is in. | ||
| We'll jump right into Ukraine. | ||
| We're going to do it this weekend. | ||
| We did the minimum on the border when it comes to changing a bill that has many good qualities. | ||
| So you're not convincing me I'm the problem. | ||
| I've seen this. | ||
| You have not. | ||
| I've seen a debate on this floor with Senator Bennett where we got the crap kicked out of us for weeks. | ||
| We gave everybody who didn't like what we did a chance to come down here and say their side of the story and kick us in the a**. | ||
| That's the way the process works. | ||
| We did not do that here, so you're losing votes on Ukraine. | ||
| You're losing me in terms of trying to fix this problem because I can't tell our House colleagues that you should accept this product because we have not done what I think needs to be done to try to secure our border. | ||
| Okay, this is where the audience, um, and get ready to man the ramparts. | ||
| Cause this is going to be a Donnybrook right there. | ||
| Lindsey Graham. | ||
| Remember Lindsey's probably outside of Marco Rubio is the driving force and back of amnesty DACA, all of it. | ||
| And so weak when the white house, he's over there every day with Durbin trying to concoct some deal. | ||
| He's also Mr. Ukraine. | ||
| I mean, it's John McCain Jr. | ||
| And he's right there telling them right there. | ||
| Hey, you didn't, the thing on the border was a joke. | ||
| You didn't really put any teeth in it, and now you've flipped to Ukraine, so you've taken the fig leaf off. | ||
| You've jammed the stone into Ukraine, and you're going to try to do this with nothing on the border, and the House has already told you it's not going to happen. | ||
| Jim Rickards, what is the obsession? | ||
| What's the obsession of the American elite, the elite in the city of London, the Wall Street of Europe, in Brussels, in Davos? | ||
| What is the obsession with Ukraine, sir? | ||
| Don't understand Russia. | ||
| They have a view of Russia that sort of got rooted in the 1990s, depending on your age group. | ||
| I've been doing this since the 1960s. | ||
| But in the 1990s, you had Yeltsin, who was an alcoholic. | ||
| The US was rushing in. | ||
| We're going to build a stock exchange. | ||
| We're going to privatize your companies, give everybody some shares. | ||
| And it was all a front for the US sort of taking over Russia, at least economically. | ||
| And that was their nirvana. | ||
| And the people like Fiona Hill, George Kent, and many others, and Lindsey Graham, obviously, just had this vision that we could control Russia. | ||
| Well, along comes Putin, and you have to understand Russia. | ||
| Russia's not about the oligarchs. | ||
| Yeah, there are oligarchs. | ||
| Russia's about the Orthodox Church, the military, and the fact that they've been invaded multiple times from Napoleon, Hitler, and now NATO. | ||
| It seems to be halfway to Moscow. | ||
| People don't understand. | ||
| There are parts of Ukraine that are east of Moscow, and if you go up to Estonia, and come to the Baltics and around Poland, Romania, and go out to Ukraine, you've created a giant letter C that is encircling Moscow. | ||
| This is not paranoia. | ||
| It's just a good understanding of history, which Putin obviously has and showed in his interview. | ||
| They have this notion that push NATO to Ukraine, provoke a war if you have to. | ||
| They've been working on the war for 14 years, by the way. | ||
| This started in 2008 with the Bucharest Declaration by George W. Bush, continued through the CIA MI6 coup against Yanukovych in 2014. | ||
| In 2008, when they did the Bucharest Declaration, Bush said Ukraine and Georgia should join NATO. | ||
| Six months later, Putin invaded Georgia. | ||
| And that was the end of that. | ||
| Then in 2014 you have a coup and Putin takes over Crimea. | ||
| So what part of invasion do you not understand if you're the West? | ||
| Putin doesn't bluff. | ||
| Put it in a poker context, he does not bluff. | ||
| If he says he's going to do something, he does it. | ||
| But there's this notion that Russian generals are fat and lazy. | ||
| They all sit around and drink vodka. | ||
| Putin's unpopular. | ||
| All we have to do is push, push. | ||
| There'll be a coup. | ||
| There'll be this internal uprising. | ||
| That'll be the end of Putin. | ||
| We can get back to the 1990s. | ||
| That's the way they think. | ||
| Everything about what I just said is wrong. | ||
| None of it's true. | ||
| Putin is extremely popular. | ||
| He doesn't rely on the oligarchs. | ||
| He tolerates the oligarchs. | ||
| He relies on the military, the intelligence. | ||
| The Orthodox Church and everyday Russian people. | ||
| He's got enormous support. | ||
| He's a nationalist. | ||
| He's Russia first, if you want to analogize that to America first. | ||
| I think that's a good analogy. | ||
| He's a nationalist. | ||
| He's an autocrat, but he's not some kind of evil dictator, etc., as he's been made out to be. | ||
| So if you have all those delusions, if you actually don't understand Russian history, don't understand Russia's way of war, which is an important topic, and think you can push the guy over it, then you would do what they've been doing. You would push Ukraine. And again, Victoria Nuland, Sullivan, Anthony Blinken, these are By the way, these are all kind of lightweights. | ||
| I mean, none of these people are. | ||
| Think of, you know, John Foster Dulles or Dean Atchison or Dean Rusk or George Shultz or James Baker or somebody. | ||
| Whether you agree or not, they were all heavyweight intellectuals, but not the crowd we have now. | ||
| So if you don't diagnose, don't understand Russia correctly, you will make one mistake after another, and that's what we've done. | ||
| Hang on a second. | ||
| Jamie Raskin is a perfect example. | ||
| Jamie Raskin's father is a hardcore communist that was basically, you know, in partnership with the Soviet Union and was a Soviet Union basic apparatchik here in the United States. | ||
| I remember I spent eight years, roughly eight years, as a naval officer in the mid 70s to the early to the mid 80s. | ||
| I was four years roughly at sea, and four years at the Pentagon as a Special Assistant to the Chief of Naval Operations. | ||
| At sea, I was on a ASW destroyer, a combatant, and our job was to protect the carrier, but our principal job in protecting the carrier was hunting Soviet submarines. | ||
| I mean, that's what the Navy's destroyers were set to do. | ||
| That was our task and purpose. | ||
| That's what we were trained to do, and this is what we did exercise all the time. | ||
| I remember all these Democrats, and Raskin's a perfect example. | ||
| They were often siding with the Soviet Union, with the Bolsheviks all the time. | ||
| President Reagan, all of this fight that President Reagan had, putting in the Pershing missiles into Europe, the massive protests. | ||
| There was never any hate. | ||
| Those guys weren't hating on Russia. | ||
| They were hugging up and rubbing up on the Soviet Union. | ||
| It was really President Reagan. | ||
| Guys like Barry Golder and President Reagan. | ||
| Even more than Nixon, because Nixon was kind of rapprochement. | ||
| I'm talking about guys that said this is an evil empire led by bad guys and we're going to take it down. | ||
| Jamie Raskin and all this crowd that hates Putin and literally hates Russia were on the other side of the trade. | ||
| And I know people, most people don't remember that because they either weren't born or weren't focused on awakening to politics like they are today. | ||
| But explain that to me. | ||
| Explain to me the crowd that Were the Soviets biggest allies in the West and hated anybody that went up and stood up against these dictators? | ||
| Which, when Reagan said they're an evil empire, they melted down. | ||
| And he said, hey, how about we win, they lose? | ||
| And he took them down and broke them using the conversion forces, the correlation of forces of every, particularly economic warfare, to break them. | ||
| Why are the guys that loved them so much then are the ones that Putin is a horned devil with a tail. | ||
| Explain that to me, Jim Rickards. | ||
| We sort of have three versions of Russia. | ||
| That's the country, that's the culture. | ||
| But you have the Soviet Union, which you talked about. | ||
| Then there's the Putin government today, which is nationalistic and autocratic. | ||
| They're actually having elections next month. | ||
| There are elections in the United States this year, there are elections in Russia next month. | ||
| There are no elections in Ukraine, by the way. | ||
| They've cancelled them. | ||
| So this notion that somehow we're fighting for democracy in Ukraine, that's just, that's just another media lie. | ||
| But there's this third version of Russia, which I talked about, which is the 1990s, when it looked like, which was commercial and business oriented and investment oriented, but looked like the oil companies could go in and do what they wanted. | ||
| And, you know, we were going to, you know, when we said, we're going to take your companies, you know, Gazprom and Rosneft and all the other big companies, we're going to take the shares and hand them out to all the Russian people. | ||
| We're going to make you capitalists overnight. | ||
| And they did. | ||
| But the oligarchs would go in and they would set up little, you know, church basement card tables in the lobbies of apartment buildings. | ||
| And people would come home from work and say, Hey, I'll buy your shares for, you know, a couple of bucks or whatever. | ||
| And people are like, I don't know what I'm going to do with these shares. | ||
| And then they sold the shares and a little by little, the oligarchs consolidated. | ||
| And then it was like Chicago in the 1920s with Al Capone, they were machine gunning each other in the streets of Moscow. It was Putin who ended all that. | ||
| And they didn't want that. They liked the idea that this was, you know, Wild West, open for capitalism, open for exploitation, etc. Or, conversely, the Soviet Union, where it's completely top down, completely controlled, and you can do business with people like that. But they can't find a way to do business with Putin because he's looking out for Russia first. And not in a particularly aggressive way. Ukraine, you know, we spent 14 years provoking the war. | ||
| Well, we got it. | ||
| You know, the old saying, be careful what you wish for. | ||
| They wanted this war, they got it, but now what they're finding is that they're losing. | ||
| The Russian economy is doing extremely well. | ||
| The biggest economic problem in Russia right now is a labor shortage because the economy is working as going full tilt. | ||
| They're growing 5% a year. | ||
| US is 2% to 3% at best. | ||
| Also, the Russians, working as Russians, are enlisting in the military. | ||
| This idea that the Russian army is depleted is nonsense. | ||
| It's growing exponentially. | ||
| The U.S. | ||
| and NATO have depleted their arsenals. | ||
| We have no 155mm shells. | ||
| We've sent these Patriot missile batteries to Ukraine. | ||
| Putin's knocked out three of them with hypersonic missiles, which we can't stop. | ||
| He also talked about that in his interview with Tucker Carlson. | ||
| He said, when we saw that NATO was coming east and coming towards Russia, there came a time when we said, all right, we really can't do business with you people. | ||
| You know, basically arm ourselves and prepare. | ||
| And they developed hypersonic missile technology, the Iskal missile, that we don't have and we can't shoot down. | ||
| So, again, I come back to the idea that the Soviet Union, you could do business with them because they were, you know, top-down, just get in touch with the right people. | ||
| Russia in the 90s, you could do business even though it was corrupt because, again, it was wide open and not well governed. | ||
| Today, Putin is a nationalist and an autocrat. | ||
| He's running the place in a very efficient way, and they're doing very well. | ||
| Jim, hang on. | ||
| I want to hold you for a few minutes on the other side. | ||
| Talk about the economic warfare that blew up in the elites' face here in the United States. | ||
| Jim just mentioned how well their economy's doing. | ||
| Short commercial break. | ||
|
unidentified
|
Back in The Worm in a moment. | |
| Jim, I've got to figure out, we've got to set aside some time and go through the entire Putin thing in detail. | ||
| But I want to pivot just to that gateway punt it put up, which is so fascinating. | ||
| Putin really gives a tutorial on kind of currency, the dollar, the mistakes Biden's making. | ||
| And remember, he's been at the blunt end of economic warfare, so clearly he's going to make his case about what the mistakes were. | ||
| We did to Russia what we haven't done to the Nazis. | ||
| We didn't do to Imperial Japan. | ||
| We didn't do to the Soviet Union. | ||
| We didn't do to our greatest enemies. | ||
| We did to them. | ||
| We froze their assets. | ||
| We tried to destroy their currency. | ||
| We blocked them from ever trading. | ||
| We now are threatening, as you and I have talked about, Which would be the end of the dollar as a prime reserve currency. | ||
| Converting their treasury bonds into cash and giving that money to Ukraine to pay for it. | ||
| Which, folks, remember, as we fight this Ukraine money here, that's going to raise its head again. | ||
| And that will end us as the end of the dollar. | ||
| You won't have dollar reserves anywhere. | ||
| People say that if these Americans just take our, take our treasury bills, we're buying their bonds, and they take their bonds, convert them, and give them to our enemies that are trying to kill us, then what's the point? | ||
| But also the economy, but his economy is growing. | ||
| His economy is more robust than ours. | ||
| His banks are more robust than ours. | ||
| One of the things, Jim, is he restricted the billionaires from taking any, from the oligarchs from taking any money out of the country. | ||
| They were forced to reinvest. | ||
| Hey, Jim, you're a free markets guy. | ||
| You're a capitalist. | ||
| I'm a populist. | ||
| One of my big things is to restrict billionaires in the United States for taking their money out to Dubai and making them put it right into the United States. | ||
| But just your thoughts. | ||
| You're the master strategist here. | ||
| Walk me through the geniuses at the City of London, Wall Street, and in Washington, D.C. | ||
| at Treasury that were going to use economic warfare to break the back of Putin and Russia. | ||
| How'd that work out? | ||
| Yeah, it's been not only a failure in the sense that it did not change Russian behavior and did not hurt the Russian economy at all, it boomeranged on us. | ||
| Germany is de-industrializing. | ||
| Germany is in a recession. | ||
| The United States is close to a recession. | ||
| We have a lot of other problems as well. | ||
| I actually teach financial warfare at the U.S. | ||
| Army War College, so I've been doing this for a very long time. | ||
| Putin has it exactly right. | ||
| Now, just here's a quick summary. | ||
| The Central Bank of Russia has about $300 billion of U.S. | ||
| Treasuries. | ||
| They have other assets. | ||
| They have a lot of gold, as a matter of fact. | ||
| $300 billion U.S. | ||
| Treasuries. | ||
| Those are book entry, meaning they're digital. | ||
| The ledger is controlled by the Federal Reserve and the U.S. | ||
| Treasury. | ||
| Now, at the beginning of the war, we froze them. | ||
| But freezing doesn't mean taking them. | ||
| It means they're yours, but we got them locked up. | ||
| You can't use them. | ||
| You can't collect the entries. | ||
| You can't sell them. | ||
| You can't do anything with it, but they're still yours, but we got them locked up. | ||
| Now what Biden wants to do, I think he wants to do it on February 22nd, the second anniversary of the outbreak of the war, is to seize them. | ||
| The difference there is when you seize them, you actually take ownership. | ||
| You say, they're not yours anymore, they're ours. | ||
| It's $300 billion, and to use the $300 billion to fight the war in Ukraine, so who cares about the $60 billion bill pending in the Senate and maybe the House? | ||
| When you get $300 billion of supposedly free money. | ||
| The craziest idea I heard was Ukraine was going to issue a bond issue, right? | ||
| So they're completely non-credit worthy. | ||
| That's easy. | ||
| But the bond issue would be collateralized by the $300 billion. | ||
| So then when Ukraine defaults, the creditors can seize the treasury. | ||
| Now, here's the thing. | ||
| This is a default. | ||
| The U.S. | ||
| government securities market has been going strong for 230 years. | ||
| It was started by Alexander Hamilton. | ||
| He just said, hey, don't worry about paying off the debt. | ||
| Just borrow more and pay off the old debt and keep going. | ||
| And it's been going for 230 years. | ||
| This would destroy you. | ||
| If you're UAE or China or Saudi Arabia or anybody else, you're looking at this saying, get me out of treasuries because one day they'll not like something I'm doing and they'll take my securities also. | ||
|
unidentified
|
Wow. | |
| Jim, tell me about strategic intelligence. | ||
| We love having you on every week. | ||
| Every other week's great for the audience, but I think every week will be better. | ||
| But strategic intelligence, people are getting it, are raving about it. | ||
| How can the audience get access to your monthly newsletter? | ||
| Thank you. | ||
| We have a special link. | ||
| It's at RickardsWarRoom.com. | ||
| So RickardsWarRoom.com. | ||
| When you go there, you'll be able to subscribe to Strategic Intelligence. | ||
| But we have a special offer, a free copy of my book, Currency Wars. | ||
| I've written seven or eight books, but this is the one that people like the best. | ||
| It's a classic. | ||
| It's still fresh. | ||
| So, RickardsWarRoom.com, you'll be able to subscribe to Strategic Intelligence. | ||
| And when you do that, you'll get a free copy of Currency Wars. | ||
| And this is the only way to get the free book. | ||
| You can subscribe other ways, but when you go to RickardsWarRoom.com, subscribe to Strategic Intelligence. | ||
| Get a free copy of Currency Wars. | ||
| Currency Wars is the primer. | ||
| If you get that, it'll take you up three notches. | ||
| I know this audience wants to go up 50 notches, so start there. | ||
| Jim Rickards, always an honor to have you on here, and I'll get in touch afterwards. | ||
| We've got to talk about this Putin interview. | ||
| We've got to break it down somehow in more detail. | ||
| Thank you. | ||
|
unidentified
|
Thanks. | |
| Tucker should be congratulated on doing that. | ||
| Not derided and not called names and not, I mean, it was, look, Putin, I mean, he goes back to the year 900 and starts giving you the predicate. | ||
| If you saw, I think Tommy Robinson put up afterwards, Tucker was a few minutes later in some other conference room in the Kremlin, just like he walked out of a 15-round fight with Mike Tyson. | ||
| And he's sitting there, you know, fully saying, hey, look, this is, you know, this was not easy. | ||
| When Putin starts off in the 30 minute, you know, talking about Russian history from the 9th century on to make the point that Ukraine is the heart of Russia, not saying you have to agree with that, but he's laying out the predicate. | ||
| for what they did. | ||
| And as Tucker says, hey, I tried to jump in there and slow it down and say, hey, we're Americans. | ||
| We don't really go back to the ninth century a lot. | ||
| You know, maybe you can tell me about your decision in Ukraine. | ||
| And Putin just bowls right over him and keeps on going. | ||
| He's going to do what he's going to do. | ||
| Right. | ||
| But it was fascinating, particularly in look on the economic war part. | ||
| It's obviously not 100 percent correct. | ||
| He's trying to sell his vision of it. | ||
| But You don't use those tools lightly. | ||
| The SWIFT system, our currency, what we can do with central banks. | ||
| I've been a big advocate. | ||
| If you're ever going to do those types of things, you've got one bullet in the chamber and that bullet's got to be used for the Chinese Communist Party in Beijing, which without them, Putin wouldn't be the power he is. | ||
| But the Putin interview is quite fascinating, like I said, between the Supreme Court and Putin, and that's great in this country, and to understand the historical times we're in, and that you're an active protagonist in this, and you are a protagonist. | ||
| So much of what happened yesterday was driven by your action. | ||
| By your dedication. | ||
| And this is not writing checks and giving money. | ||
| This is about your becoming at the forefront of this movement and particularly to push information out. | ||
| This is an information war. | ||
| To push information out. | ||
| And then to be there and to have President Trump's back was just incredible. | ||
| Let's play. | ||
| We had our own Jane Zirkle. | ||
| Was that kicking it off? | ||
| Was that Mar-a-Lago yesterday? | ||
| Let's play the clip and I want to bring Jane in. | ||
| You're dominating the polls. | ||
|
unidentified
|
Why is neocon Nikki Haley still in the race when you're dominating in the polls? | |
| Oh, I love that question. | ||
| Thank you so much. | ||
| You just said it. | ||
| I don't know why she continues, but let her continue. | ||
| We have a big one coming up, as you know, in South Carolina. | ||
| And the polls are indicating that we're through the roof on that one. | ||
| We're leading by, I guess, 35 percent, 35 points. | ||
| So, I don't know. | ||
| I think she hurts herself, but I think she hurts the party. | ||
| And, in a way, hurts the country. | ||
| But it seems to be dying. | ||
| She did poorly in Iowa. | ||
| She did very poorly in Iowa actually. | ||
| And in third place, Rhonda Santos-Peter, although you wouldn't know that if you listened to her speech. | ||
| She did poorly in New Hampshire. | ||
| She did poorly no matter where she went. | ||
| I don't know how the results are in Indiana from the Virgin Islands, but I know she's playing it very hard. | ||
| And in Nevada, she lost to No Name. | ||
| She had a No Name and she lost by, I guess, 40 points. | ||
| So I don't know why she continues, but I don't really care if she continues. | ||
| I think it's bad for the party. | ||
| I think it's actually bad for her. | ||
| Great job. | ||
| Give us your assessment of the whole day yesterday. | ||
|
unidentified
|
Yeah, well, it's interesting. | |
| I think her remarks on Joe Biden's fitness really coincidentally complemented President Trump's remarks yesterday at Mar-a-Lago because they centered largely around the border and national security, things that have just taken a 180 turn from the Trump administration since Joe Biden has taken office. | ||
| You know, we're dropping bombs everywhere. | ||
| American soldiers are dying on foreign battlefields. | ||
| We're giving money to our enemies when under President Trump, Iran, China, you know, these countries, they were broken. | ||
| Our enemies were kept at bay. | ||
| But I think President Trump, you know, had a really positive reaction to what he heard yesterday from the Supreme Court. | ||
| He said he felt very strongly that the court will ultimately, you know, decide in his favor. | ||
| And I think that's the general consensus felt by most who observed. | ||
| And as far as the Nikki Haley question goes, I mean, President Trump handled that, I think, in a very presidential manner. | ||
| You know, he's dominating in the polls, and it's particularly these issues like the border, like national security that's driving that, especially when it comes to young people. | ||
| You know, national security is one of the core issues that is causing young people to turn away from Joe Biden, this candidate that they really propelled into victory back in 2020. | ||
| And, you know, President Trump went on from that speech that he gave yesterday at Mar-a-Lago to set a record in Nevada. | ||
| You know, he got the most votes out of any Republican caucus in the state's history. | ||
| And I think ultimately the past 72 hours have really been a great success for President Trump. | ||
| And he's not afraid to address the hard questions. | ||
| He was asked head on about these insurrection narratives that the Democrats are trying to throw at him with this bogus lawfare attack. | ||
| And he has nothing to hide. | ||
| He said, peacefully and patriotically, and nothing about that screams insurrection. | ||
| If anyone is to blame for insurrection, it's really Nancy Pelosi, who has Ashley Babbitt's blood on her hands. | ||
| And he said that yesterday at Mar-a-Lago, straight up. | ||
| So fantastic performance from President Trump. | ||
| He was in good spirits, and it was a very successful day for him overall. | ||
| You know, you saw Biden kind of dotter out there after this entire, this horrible report, really an indictment on him, and then completely collapse in front of the media and forgot that General El-Sisi is the president of Egypt, not Mexico. | ||
| Just a disastrous performance. | ||
| You've had Putin for two hours with Tucker. | ||
| Tucker's one of the best around. | ||
| I saw the energy in Nevada. | ||
| What's the energy like at Mar-a-Lago? | ||
| Because President Trump walked out there and it was like a power move. | ||
| Do you feel new energy there? | ||
| Kind of rejuvenation because of what's happened over the last 72 hours? | ||
|
unidentified
|
I mean, it's full spectrum dominance going into Super Tuesday, especially. | |
| He's leading in every single major state. | ||
| There's no more primary. | ||
| It's over. | ||
| President Trump should be the nominee. | ||
| And really, the only major thing standing in his way is this lawfare. | ||
| And it's a coordinated attempt by Democrats. | ||
| He even said how Particularly with the Fannie Willis case, there's coordination on behalf of the Biden DOJ and the Biden administration when talking about, you know, officials' meetings that they had regarding this. | ||
| So it's all a bogus sham. | ||
| It's trying to deter and it's trying to distract, particularly the media coverage, I think, from talking about just how well President Trump is performing. | ||
| Jane, what's your social media? | ||
| How do people follow you? | ||
|
unidentified
|
You can find me at Jane Zirkle on Instagram, Twitter, and of course, Getter. | |
| Jane, thanks, and you're like Joe DiMaggio now. | ||
| We've got to keep tracking to make sure that your consecutive press conference is getting a question. | ||
| As people know, it's quite hard. | ||
| It's a big pack down there of wolves. | ||
| Jane Zirkle, thank you so much for coming. | ||
|
unidentified
|
You've got to fight the big news media to get in, right? | |
| You gotta do. | ||
| And Jane Zirkle's got sharp elbows. | ||
| Don't let the innocent look fool you. | ||
| She's a fighter. | ||
| She's a tiger. | ||
| Jane, thank you so much for the coverage. | ||
|
unidentified
|
Thank you. | |
| Our own Jane Zirkle down at Mar-a-Lago. | ||
| Charlie Kirkson follows at noon. | ||
| Posobiec after that. | ||
| We're going to be back five to seven. | ||
| We're going to be all over the situation in the Senate. | ||
| So much going on. | ||
| Remember, it ain't over till it's over and then it ain't over then. | ||
| They're still going to do all their machinations. | ||
| That's why you're like the, you're like these great centurions in the Roman Legion that would not, would never be broken. | ||
| You can't be broken because they're going to keep coming every different situation. | ||
| And now we got Ukraine, got a ton of other things to get this RNC situation. | ||
| Charlie Kirk, Masovic, we're back five to seven. | ||
| Want to make sure everybody goes to Birchgold. | ||
| You got to check it out. | ||
| I want everybody to understand why it's a hedge. | ||
| Particularly you heard Putin talking about really the dollar's prime reserve currency. | ||
| I'll get more to it. | ||
| Short commercial break. | ||
| Back in the warm in a second. | ||
|
unidentified
|
Matt Rosendale here. | |
| I'm running for the United States Senate, and I'm running against the Washington establishment, against Joe Biden and Mitch McConnell. | ||
| The Washington insiders are causing an invasion at our southern border, enriching their friends with the Green New Deal, allowing China to spy and emerge as the global superpower, all the while retaining power for themselves and ignoring we, the people. | ||
| For three years in Congress, I put America and Montana first and had never caved to the D.C. | ||
| cartel. | ||
| I voted in support of President Trump's agenda every single time. | ||
| On January the 6th, 2021, I stood with President Trump and voted against the electors. | ||
| Meanwhile, shortly after, Tim Sheehy contributed to Nikki Haley. | ||
| On the day Alvin Bragg wrongfully indicted President Trump with bogus charges, I stood with President Trump at Mar-a-Lago. | ||
| Within days, Tim Sheehy contributed to yet another candidate running against President Trump. | ||
| This Republican primary race is the people of Montana versus Mitch McConnell, Joe Biden, and the Washington insiders. | ||
| Mitch McConnell knows that I won't support him for Republican leader, so he's trying to keep me out of the Senate. | ||
| McConnell knows I won't follow his orders, and he's fixing to find out that the people of Montana won't follow his orders either by letting him pick our next senator. | ||
| But they've made a big mistake. | ||
| Montanans don't take orders from Washington. | ||
| We send orders to Washington. | ||
| So today, I'm asking for your support to run for the United States Senate. | ||
| So together, we can rebuild this great nation. | ||
| Thank you and may God bless each and every one of you. | ||
| Congressman Matt Rosendale now joins us by phone from Montana. | ||
| You just announced today, by the way, because of your leadership and the War Room Posse having your back, Steve Daines, who's the instrument of McConnell, has been with McConnell saying, no, no, no, no, no, no, no. | ||
| We've got to secure the border. | ||
| He came to Ukraine. | ||
| Daines is one of the first guys to run over to Ukraine, had the full support, got us into this mess. | ||
| And his acolyte out there, Tim Sheehy, wanted to send American combat troops. | ||
| They are certainly not right for the United States, and I know they're not right for Montana. | ||
| Matt Rosendale, your thoughts, sir? | ||
|
unidentified
|
They're trying to rewrite history, Steve. | |
| They think that people do not have devices where they can record and look back and see what the facts actually are. | ||
| And the facts actually are that, yeah, Tim Sheehy supported us sending American troops. | ||
| It's in writing to Ukraine. | ||
| He has embraced the ESG standards. | ||
| He has embraced the climate change zealot because he was able to profit off of it. | ||
| He supports ESG, the DEI standards. | ||
| And so one has to ask themselves, does he truly believe these things? | ||
| And if he says, no, I don't. | ||
| I've had a come to Jesus moment. | ||
| I don't believe in those things. | ||
| I was only doing it to make a living. | ||
| What does that say? | ||
| I mean, do you have anything that you believe in? | ||
| Do you have any core principles whatsoever? | ||
| Or is the dollar willing to or able to buy your influence? | ||
| If it is, then you're going to fit in perfectly with Mitch McConnell. | ||
| But if you're going to fit in with the people of Montana, you have to stand for something. | ||
| And it can't be a price tag. | ||
| We're going to see this here over the next 72 hours, and the war imposter is going to be at the ramparts with Bill Blaster to get all over this. | ||
| Because right now, even Lindsey Graham said, the fig leaf's off. | ||
| All this five months about this phony border bill, which was really to authorize the invasion of our country, was just a fig leaf so they could get to Ukraine. | ||
| Mitch McConnell is where he is today in Ukraine. | ||
| Is there any circumstances, Matt Rosendale, that you would vote for Mitch McConnell to be the minority leader? | ||
|
unidentified
|
No, and I've said that and I'll say it again publicly. | |
| No, I won't. | ||
| It's time for Mitch to go back to Kentucky. | ||
| There is a man that doesn't care if he is the minority leader or the majority leader. | ||
| He just wants to be the Republican leader. | ||
| He has used his power, his money, and his influence to make sure that he keeps that position, and not because of any good thing that he wants to do. | ||
| That is the uniparty on full display. | ||
| And I think that he and Chuck Schumer basically have their agreement made, that, you know, as long as we continue to deal with each other and we continue to fund each other's desires, then we will maintain control over these groups. | ||
| And unfortunately, Steve, as you and the posse know, there's so few people that are willing to stand up and call it out for what it is and actually try and preserve this great republic that we have and call those guys out. | ||
| You know, the Mike Lees of the world, the Ted Cruz's, the Rand Paul's of the world, there's not many of them. | ||
| Now we've shown, and you know, we've shown what a small group of committed individuals can accomplish in the House of Representatives. | ||
| But everything that we've done, and we dragged the whole conference over to the right to pass the domestic energy bill, to pass the H.R. | ||
| a true immigration and security bill, to pass the NDAA, to pass, quite frankly, a debt ceiling that was going to call back some spending. | ||
| But each and every time, it goes over to the Senate side, and they end up killing it, not bringing it up, burying it deep. | ||
| And so we get another loud voice up there, and it can have tremendous impact. | ||
| Congressman, you're one of the hard eight. | ||
| You've been with this audience, and they've had your back. | ||
| You've had ours since the beginning. | ||
| We have tremendous respect for the folks in Montana, one of the greatest states in the Union, and I gotta tell you, a state where people know it's hard to make a dollar, right? | ||
| In a beautiful, beautiful country, the harsh environment up there, they're just the best American patriots. | ||
| We look forward to this race. | ||
| Where can people go to find out more about you and more about your Senate race? | ||
|
unidentified
|
They can go to MattForMontana.com. | |
| Matt, F-O-R, Montana, dot com. | ||
| We're going to be sending out a lot of information over the next several days. | ||
| We're going to need, Steve, to get our support, 25 bucks at a clip, because guess what? | ||
| The big corporate PACs are not going anywhere near me, and that's fine, because they can't buy my vote. | ||
| I represent the people across this state and the people across this nation. | ||
| I love that. | ||
| Montana doesn't take orders from Washington, D.C. | ||
| You send orders there. | ||
| That's the way it ought to be. | ||
| Congressman Matt Rosendale, thank you so much. | ||
|
unidentified
|
God bless you, buddy. | |
| Thank you for coming on. | ||
| Okay, that's going to be a big fight out there. | ||
| Montana. | ||
| So goes Montana. | ||
| So goes the United States Senate. | ||
| And we can't have any more Mitch. | ||
| We know the game. | ||
| We know the scam. | ||
| We can't have any more Mitch McConnell acolytes. | ||
| I think Daines ought to be worried about his 26 race. | ||
| He shouldn't be. | ||
| He should back off this 24 race. | ||
| Because there are a lot of people that we know out there that are pretty impressed and want to take him on. | ||
| They think he is just another acolyte. | ||
| of Mitch McConnell and Mitch has got to go. | ||
| Rana's got to go. | ||
| Mitch has got to go. | ||
| Projects for this afternoon. | ||
| Kirk up next. | ||
| Poso. | ||
| We're back five to seven. | ||
| We'll be on fire. | ||
| Where? |
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