Feb. 13, 2024 - Bannon's War Room
48:52
Participants
| 
| Speaker | Time | Text |
|---|---|---|
| They got it across the finish line, big bipartisan vote. | ||
|
unidentified
|
Do we have any idea what's going to happen in the House at this point? | |
| You know, Philip, it faces an uncertain future in the House. | ||
| This vote really highlights the wide foreign policy divide in the Republican Party right now. | ||
| If you look in the Senate at who supported this, you know, they fundamentally believe that in terms of America's national security, what happens in Ukraine matters to the United States. | ||
| People like Senator Joni Ernst, for instance, of Iowa with a military background. | ||
| That is some of whom supported this bill. | ||
| And then also at play is the Trump factor. | ||
| Many of these lawmakers, they're weighing how much they want to distance themselves from Trump. | ||
| We know that Trump has been a vocal opponent for a long time of foreign aid. | ||
| So here's what's in the bill. | ||
| $60 billion to Ukraine. | ||
| $14 billion to Israel. | ||
| $9 billion in humanitarian assistance. | ||
| Over $4 billion to the Indo-Pacific. | ||
| Now, Speaker Mike Johnson, he already said that this is dead on arrival in the Senate. | ||
| He said he won't put this foreign aid supplemental on the floor because it is silent, those are his words, silent on provisions on the southern border. | ||
| But as you all well know, There was a bipartisan border deal on the table that House Republicans could have adopted. | ||
| They rejected that. | ||
| And so, you know, we are really now in uncharted territory here. | ||
| The GDP now smaller than the size of Texas. | ||
| And yet the whining continues. | ||
| The hatred for America continues from the extreme MAGA Trumpers. | ||
| Why? | ||
| Why do they hate America? | ||
| Why? | ||
| Why do they fly their flags upside down? | ||
| Biden is socialist? | ||
|
unidentified
|
Don't tell traders on Wall Street that! | |
| Don't tell industrial nations across the world who look at our numbers and say, how are they doing that? | ||
| How is America? | ||
| How does America continue to thrive even in the hardest of times? | ||
| There are entire news networks that are dedicated to spreading the lie that America is weak. | ||
| Dedicated to spreading the lie that the United States military is not the strongest in the world. | ||
| Those are lies. | ||
| Militarily, we're more powerful than we've been since World War II. | ||
| Economically, we're more powerful than all of our allies and enemies. | ||
| Culturally, that soft power thing that makes such a difference? | ||
| Never been bigger, never been stronger in the world than we are right now. | ||
| And yet one sick, diseased man, who so desperately wants to get into the White House, that he admits that he wants the economy to crash, And he says, let's keep the southern border in chaos for another year. | ||
| And says you can blame me. | ||
| Okay, Donald, I'm blaming you. | ||
| I'm blaming you. | ||
| Because we had a solution. | ||
| This is the primal scream of a dying regime. | ||
| Pray for our enemies. | ||
|
unidentified
|
Because we're going medieval on this, 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've tried 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
|
MAGA Media. | |
| 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? | |
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
|
War Room. Here's your host, Stephen K. Bamm. | |
| It's Tuesday, 13 February in the year of our Lord 2024. | ||
| There are decades in which nothing happens, and then there are weeks in which decades happen. | ||
| And folks, second week in a row. | ||
| And it's only going to get more intense from here. | ||
| Just to put it in perspective, and I think we're getting the first clear breakdown. | ||
| Of where we stand with MAGA completely taking over and destroying the Republican establishment. | ||
| The Republican establishment that's been the opposition, controlled opposition for the, they are globalist. | ||
| Because they kind of tapped everybody along for decades and decades and decades. | ||
| President Trump announcing his new leadership of the RNC. | ||
| Ronna McDaniel still has not gotten the memo. | ||
| She continues to put out tweets or whatever. | ||
| She's putting out that I'm still in charge. | ||
| I'm running the country, saving everything. | ||
| I'm going to save the election. | ||
| I'm going to do this. | ||
| I'm going to do that. | ||
| The money's cut off, but we're going to have to get a trenching tool to get her out. | ||
| She ain't going to leave easy. | ||
| President Trump announced his recommended or the leadership that he thinks needs to take over, including, which I think is a brilliant pick, his daughter-in-law, Lara Trump, who I thought would be a great head of the RNC, but she'll be vice chair and she will be out there. | ||
| There couldn't be a better proponent of the grassroots or someone who does more for the grassroots. | ||
| But the Senate vote the collaboration is the global globalist collaborationist. | ||
| Had their say at dawn 2222. | ||
| I think we only had what was it? | ||
| We had 15 a bunch more joined but I want to get this chart up over. | ||
| We have an endeavor. | ||
| I'll read the names of because here's what it is. | ||
| This is the, this vote is the pro, is the pro, it should be in, it should be the red chart, just the Republican, it was from Grace. | ||
| Let's just get it, get it up. | ||
| I'll read them out. | ||
| And this is 22 that support McConnell. | ||
| So what, there's 26 that don't support McConnell. | ||
| You just need, what they have to do in the conference, 25 votes removes McConnell as leader. | ||
| Because this is DOA in the house. | ||
| Speaker Johnson, this is his time to show full strength. | ||
| He said, this is DOA in the house. | ||
| Now they're going to pull every game in the world, including what is called a discharge petition to turn the floor over to Hakeem Jeffries and have a handful of Republican collaborationists in the house. | ||
| And you're going to have a few because this is why they're retiring. | ||
| You're going to have Gallagher and you have Kay Granger. | ||
| You're going to have, uh, what Rogers out there and what is it, Washington? | ||
| You're going to have, um, you're going to have, um, a number of these that are retiring. | ||
| Cause remember we're eviscerating the Republican establishment in the house, but I want to read the names. | ||
| And for you and your states, I hope this burns because what we're seeing that really drove this over the top is the most MAGA of states, the most, the deepest red states. | ||
| You have to ask yourself a question and the nation looks to not to me for an answer. | ||
| Right? | ||
| Not to not to President Trump for an answer. | ||
| They're looking for the citizens of these states and these states are among the greatest states in this union. | ||
| We're not talking about deep blue states that are already too far too far gone. | ||
| Boozman of Arkansas, Capito of West Virginia, Cassidy of Louisiana, Collins of Maine, Corning of Texas, Kramer of North Dakota, Crapo of Idaho, Ernst of Iowa, Grassley of Iowa, Hoven of North Dakota, Kennedy of Louisiana, McConnell of Kentucky, Moran of Kansas, Murkowski of Alaska, Risch | ||
| of Idaho, Romney of Utah, Rounds of South Dakota, Sullivan of Alaska, Thune of South Dakota, Tillis of North Carolina, Wicker of Mississippi, Young of Indiana. | ||
| Now there's some ones to pick out, but when you look at North Dakota, South Dakota, Arkansas, Alaska, Idaho, Louisiana, Show me greater states in this union. | ||
| Show me more MAGA states in this union. | ||
| Show me where the Trump movement has gotten more traction than anywhere. | ||
| These people are collaborationists. | ||
| They're globalists. | ||
| They can do, oh, it's all about... Here's the thing. | ||
| If you believe that, come forward and let's see a presentation. | ||
| I'll go anywhere to any one of these states and bench press these guys on the stage about this. | ||
| They got nothing. | ||
| You have nothing to back this up. | ||
| Oh, this is so dark. | ||
| It's going to be so horrible. | ||
| The Russians are so terrible. | ||
| They're not making any demands. | ||
| It's the same crowd that wants a flower to mute, not making any demands whatsoever. | ||
| No demands whatsoever for the Europeans to step up here. | ||
| A lot of happy talk about it. | ||
| This is the same crowd, remember, this is the exact same crowd that in the NDAA, the National Defense Authorization Act, under Mitch McConnell's leadership and Steve Daines, slipped in there. | ||
| And the only reason Daines is not on this list, because we're coming for him. | ||
| He knows that. | ||
| That's why Mitch gave him a pass. | ||
| But he's part of this whole cabal. | ||
| This NDAA took away president Trump's, they think it took away president Trump's ability to negotiate with NATO. | ||
| Cause it said that no president, no commander in chief can, uh, no commander in chief can actually get out of a treaty, which is unconstitutional. | ||
| That'll be tested at the Supreme court, but they want to take away his ability to pressure NATO to become an alliance. | ||
| This all gets down to the simple fact that the United States is prepared to be an ally. | ||
| It's not prepared to be a protector anymore. | ||
| We don't need or want protectorates. | ||
| We're not the British Empire. | ||
| That's what these guys want. | ||
| That's what the globalists want. | ||
| They want us to replace the British. | ||
| We're not an empire. | ||
| Our framers and founders warned us about that. | ||
| We're not that. | ||
| And we've let the wealthy and we've let the elite So when you see these guys, you see in particular these big talkers like, you know, Kennedy always comes on and he's got that corn pone, you know, he's Senator, you know, corn pone. | ||
| He's got that country wisdom. | ||
| The guy went to Oxford, biggest globalist around. | ||
| But that's the unmasking right here. | ||
| That's the list. | ||
| Mike Lee and these guys went all night. | ||
| The Warren Posse had a massive audience on both Rumble and Getter. | ||
| It was incredible. | ||
| Commentary was amazing. | ||
| But here, it's right there. | ||
| And forget Romney and these guys. | ||
| These were all marginal figures. | ||
| But I'm talking about the state of Idaho. | ||
| Idaho. | ||
| In the American Redoubt. | ||
| Actually the capital, the centerpiece maybe with northwestern Montana. | ||
| The center, the beating heart of the American Redoubt. | ||
| Idaho. | ||
| Alaska. | ||
| North Dakota, South Dakota, here's what it shows you. | ||
| Let's be blunt about this. | ||
| These guys are all backed by big donor and big business money. | ||
| These people do not represent... Do the states, the folks in the states approve of sending 60 billion dollars over to the money laundering operation in Ukraine? | ||
| The child trafficking operation in Ukraine? | ||
| The bio labs in Ukraine? | ||
| Are any of these guys going to come back to your state? | ||
| Have them come back and have a town hall and say, specifically, tell me what the threat is again that Europe can't handle? | ||
| The Russian army that can't take Kiev? | ||
| Can't take Kiev, and we're afraid of that Russian army, what, going through the Folded Gap, going through the North German Plain, doing what we did for years and years and years and years during the Cold War. | ||
| I was in the Pentagon, that's where everybody, the whole European situation was focused on that, the Navy to back it up, the air-land battle 2000, air-land-sea battle 2000, deep interdiction, putting the Persian, the tactical nuclear weapons in there, all of it. | ||
| A plan to stop a World War II type Russian army. | ||
| That's not what they got. | ||
| Everybody knows that. | ||
| Ukraine is not about the Russian army. | ||
| All these guys trying to be Winston Churchill and they're all sitting up there, you know, all puffed up with a knitted brow, you know, trying to be great orders. | ||
| Not about that. | ||
| It's about a money laundering operation. | ||
| It's about a child trafficking operation. | ||
| It's about a child organ harvesting operation. | ||
| It's about biolabs and it's stuff that's even darker. | ||
| Remember, J.D. | ||
| Vance came on here yesterday and warned you. | ||
| They've got all kind of traps in there for Trump to impeach him in the second term. | ||
| These are the guys that did it. | ||
| They understood it. | ||
| And not one penny, remember, and their arrogance, not one penny, not one penny, one. | ||
| To stop the invasion here in this country. | ||
| My basic question to these guys is, when you talk about NATO and all of NATO and NATO this and NATO that, which they won't do, they won't do operations, they don't pay 2%, and the charts up there where they pay 1.7%, no they don't. | ||
| Look into the 1.7%. | ||
| They got women's health care in there. | ||
| They got global warming in there. | ||
| They got climate change in there. | ||
| You actually talk about combat troops. | ||
| You talk about division. | ||
| You talk about men and women that can stand up and fight and actually stop a Russian invasion. | ||
| They're not putting any money in that. | ||
| They're the first to admit, well, we can't do that because we can't afford it. | ||
| We can't, you know, get close to balance our budget and we got to have free healthcare. | ||
| We have to have pensions so people can retire at 50 and we have to give them six weeks off in the year. | ||
| We have to have free college. | ||
| Do you have any of that? | ||
| Ask these big shots from the back there. | ||
| Do you get, you got a great healthcare plan. | ||
| You got a great pension, right? | ||
| Besides the 1200 bucks you're going to get from social security. | ||
| Oh, by the way, which they want to take away from you. | ||
| Do you have six weeks off? | ||
| You got the summer off? | ||
| You got that? | ||
| You retired at 50? | ||
| Everybody retiring at 50, raise your hand. | ||
| You got nothing. | ||
| Because they're taking your money and your sons and daughters and they're sending them on foreign battlefields and giving the money to foreign oligarchs to spend on yachts in Monaco. | ||
| Yes, Tom Tillis, that's part of it. | ||
| Not just that, bad news in the economy. | ||
| Don't believe the happy talkers out. | ||
| Inflation is back and it ain't pretty. | ||
| Powell's plan got chop-locked. | ||
| E.J. | ||
| Antoni is going to join us. | ||
| We're going to go through some math of what happened in reality while they're giving your money away on Capitol Hill. | ||
|
unidentified
|
Here's your host, Stephen K. Vance. | |
| Okay, I want to make sure one thing is very, very, very, very clear. | ||
| When we say it's a problem of the states, the War on Posse, and we know there's so many of you out there that are working like Trojans to sort this mess out. | ||
| And the odds are long, because remember, the business interest and the money is on these guys' side. | ||
| That's what this Great Unmasking is about. | ||
| You are the heroes here, and we understand you have a long, tough fight. | ||
| I also, and this goes back to CPAC, we're announcing right now that we're going to have an early day for Wormwood Posse members on Wednesday. | ||
| CPAC starts Wednesday evening with this great breakout of populist nationals from out the world. | ||
| And I think actually, I guess Malone's thing is going to be on Friday or something. | ||
| That was supposed to be that night, but that really kind of kicks off. | ||
| But beforehand, From essentially noon to like, let's say four o'clock, we're gonna have a breakout room just for the War Room Posse, where we're gonna discuss exactly these types of topics and more. | ||
| How you can get the most out of CPAC, because it's so jammed for three days. | ||
| We want to make sure everybody gets the best experience possible. | ||
| Remember, the tickets for War Room Posse are under a hundred bucks. | ||
| Matt in Mercedes kept them under a hundred bucks, because we want to have a big turnout, because I understand you're the activist. | ||
| Go to CPAT.org slash War Room. | ||
| Now on Wednesday, and Mo and Grace will be putting out more information on this, it's just War Room Posse members. | ||
| We've got room for about 200 to maybe 250 of you cramming in. | ||
| We're going to serve lunch. | ||
| A War Room Posse lunch, okay? | ||
| And you're gonna spend three or four hours to do the evening show, three or four hours of getting together and talking about Plan 2024, of which these states are involved. | ||
| The folks in the War Room Posse in these states, you're the hero. | ||
| We understand you're working incredibly hard. | ||
| The question before us is we have to assist you. | ||
| All these people have to go. | ||
| And that's going to be tough because all the money's on their side. | ||
| That's one of the things we want to discuss about and get some more coordination and efforts. | ||
| And I will come to the states. | ||
| We will get, we will do as much as humanly possible to support you because it's right there. | ||
| The great I'm asking now, what can, what should happen in the Senate? | ||
| We have the votes right now to remove Mitch McConnell. | ||
| That means we remove McCarthy, Ronna McDaniel. | ||
| You could remove Mitch McConnell this week. | ||
| The conference can call together and have a vote. | ||
| You just need to, I think you just need 25 to remove McConnell. | ||
| What they have to do is galvanize around a alternative. | ||
| I might note, buried lead, Barrasso voted no, just saying. | ||
| Barrasso voted no. | ||
| He's a member of leadership now and a guy that people have turned to. | ||
| He's just gone through a horrible tragedy with his wife who just passed away. | ||
| But he's been someone people have said, he's a guy that could maybe unify this. | ||
| He's not the biggest fire breather, but you're not going to get a fire breather. | ||
| But, you know, Rick Scott and Cotton and Lindsey Graham and JD and Josh Hawley, And I tell you, a guy that really impressed me in this, Eric Schmidt, I think we saw some new stars coming forward. | ||
| Now's your time to move. | ||
| Listen, we've taken down McCarthy. | ||
| Marana's essentially gone. | ||
| We're going to still get the trenching tool and dig her out. | ||
| And then McConnell, you got to take out McConnell, his disrespect for the president, his hatred of the MAGA movement, his hatred. | ||
| You saw him one morning, Joe, you have hatred. | ||
| By the way, this all you have hatred for America, hatred for America. | ||
| Only thing you're trying to do is secure the border and deport the invaders that invaded our country and stop giving our money to money laundering oligarchs. | ||
| In a huge article, I think it's in, I want to say the New York Times or Washington Post. | ||
| There's now protests and there's soon to be riots in the streets about this conscription plan for Ukraine because moms and dads don't want to send their sons and daughters to die to support Zelensky and his other oligarchs. | ||
| Full stop. | ||
| You don't have these volunteers running to them. | ||
| That was the beginning stage of Ukraine. | ||
| Remember, the Ukrainians are incredibly patriotic. | ||
| This is not about the individual Ukrainian citizens. | ||
| They've been used as cannon fodder here. | ||
| And there's at least 100,000 dead and a couple hundred thousand women and children, civilians. | ||
| This is a tragedy. | ||
| It's done under your name and those 22 are the ones that did it. | ||
| This is why Speaker Johnson has got to be Speaker D.O.A. | ||
| It's Speaker Mike D.O.A. | ||
| Johnson. | ||
| This is the hill you got to die on, bro. | ||
| The first one. | ||
| The second one is on March 1st when he shut down the government because they haven't secured the border. | ||
| But this event, we're supposed to, you know, we're supposed to impeach Mayorkas. | ||
| I've actually got the opening testimony. | ||
| Supposed to impeach Mayorkas today. | ||
| Tony Bobulinski is giving clothes or deposition. | ||
| I've got the I've got his opening statement was given to me. | ||
| It's explosive about what he accuses Joe Biden of with the Chinese Communist Party. | ||
| Something that I think in July of 2020, when I saw the laptop from hell, I told people and came on the show and said, when we got it to the New York Post, we could actually talk about it. | ||
| But I knew it in the first five minutes. | ||
| It wasn't Russian disinformation. | ||
| I know exactly what we had in July of 2020 in five minutes. | ||
| Tony Bobulinski will give that testimony today as the business guy that was there. | ||
| So it's all crashing, but you still have these collaborations. | ||
| You have this rear guard action of the globalists. | ||
| Now in all this, they don't talk about the existential threat, the Chinese Communist Party, our national debt and the spending and the invasion of the southern border. | ||
| That's three big ones. | ||
| That'll work. | ||
| That's like the greatest crisis maybe in American history. | ||
| Because don't think the bombing of Pearl Harbor as horrific as was as much death that it led to and agony and families being destroyed. | ||
| That wasn't really an existential threat to the United States of America. | ||
| It just wasn't. | ||
| It was a horrible incident. | ||
| of people sneak attack and led us to war and a bloody war. | ||
| Remember, we didn't declare war on Hitler. | ||
| Always remember that we did not declare war on Hitler. | ||
| Roosevelt knew at the time he didn't have the backing of the American people to do it because we didn't want to get... World War I was a terrible experience for the United States. | ||
| People didn't want to... they did not look fondly back at that, didn't want to do that again. | ||
| Been there, done that. | ||
| Hitler declared war on us, and that's a game on. | ||
| And Hitler became the number one target. | ||
| The Nazis became the number one target. | ||
| With our ally, the Russian people. | ||
| Oh, did I mention they took 40 million casualties in the field? | ||
| You have very evil people that are trying to push this. | ||
| But in all of this, Another surprise bomb today, as we've been saying. | ||
| E.J. | ||
| Antoni joins us. | ||
| E.J., I don't have time and I don't think we need to do the lead up because of the happy talk press. | ||
| Washington Post reporting. | ||
| Inflation's easing. | ||
| Got to look at a rate cut, which is the exact wrong. | ||
| You know, the Washington Post has got to get have to get people in their business section that actually they got to stop with the English majors and maybe get some people that can do mathematics. | ||
| EJ, why is the Washington Post headline wrong and why is Wall Street freaking out right now about these numbers, sir? | ||
| Well, Steve, the reason the Washington Post is running a headline like that is because they're simply looking at the year-over-year change. | ||
| So, as you drop out a month that had very fast inflation and you pick up the month of January, which had slightly slower inflation but still much too high, that headline number comes down. | ||
| But if you just look at how much did prices actually go up from December to January, that's three-tenths of a percent. | ||
| You're at almost 4% if you get that month after month after month for an entire year. | ||
| So this is way too hot of a print for the Fed to even think about cutting rates today. | ||
| And of course, because Wall Street is so dependent upon easy money from the Fed these days, you can see the stock market is just absolutely taking it on the chin. | ||
| Um, where is it? | ||
| And this is also coming. | ||
| I want to talk about the explosion. | ||
| The under 35 year olds hate Biden right now. | ||
| One of the reasons they hate him. | ||
| Don't get me wrong. | ||
| The Swifties and that crowd that, you know, delivered votes in 22 and they just did. | ||
| They're not there, but the majority of people under 35 can't buy a house. | ||
| And now the rent is too damn high. | ||
| Talk to me about, talk to me about the number that burned off the page of me, the housing number. | ||
| Well, Steve, one of the things that a lot of people are complaining about now is the fact that the CPI, the rent component of the index, has a lot of lag to it. | ||
| In other words, just because rent increases today doesn't mean it's going to show up today. | ||
| It will show up over the next six months, actually. | ||
| And so they're saying, oh, you know, the inflation number really isn't that bad because we're simply picking up price increases from months ago. | ||
| I'm sorry, but you're missing out completely on the other side of the equation, which is the cost of homeownership, which is why those young adults that you were just talking about are so angry at Biden today. | ||
| The cost of homeownership has gone up about 80 percent since he took office. | ||
| Whereas if you look at the CPI, the portion of that which estimates the cost of homeownership is only up about 20 percent. | ||
| In other words, it's four times worse in reality than the index is making it out to be. | ||
| So far from overstating the cost of housing, the CPI has been grossly understating it. | ||
| Let's connect some dots here. | ||
| What they did at dawn in the pre-dawn hours in the Senate is the mindset that causes the print they had today on inflation. | ||
| This is exactly, and they say, oh, the stock market's up. | ||
| There's seven companies up and mainly driven by Nvidia. | ||
| On the, on the artificial intelligence chip. | ||
| And we're going to, Joe Allen, we're going to get to that because there's some bad news on that one, folks. | ||
| If you need more bad news, come to the War Room. | ||
| But you're the fighters. | ||
| I'm not going to hide stuff from you. | ||
| So we're going to talk about what happened over the Middle East at this conference on artificial intelligence and how it ties back to NVIDIA. | ||
| NVIDIA's stock is what's driving this. | ||
| If you look at the S&P 500, the other 493 stocks, not so good. | ||
| I think they're down 3%. | ||
| Industrial production down. | ||
| That's why the lived experience of people is terrible. | ||
| But EJ, what's driving this is still massive government spending. | ||
| And here we just had $200 billion, another horrible print in the month of January. | ||
| The train's out of control. | ||
| It's now hurtling towards the reality, as we keep telling people, don't believe the happy talk numbers, is going to be $2 trillion deficit this year on capital. | ||
| You never hear one mention of that. | ||
| With the good guys that voted against this, you did. | ||
| But all the other guys, yeah, this is a big number, but we have to do it. | ||
| We have to do it. | ||
| That's the mantra. | ||
| We have to do it. | ||
| EJ, hang around. | ||
| I want to drill down on this some more. | ||
| Always get to the math here. | ||
| That's why more than ever, the geopolitics, you talk about Ukraine and Russia and everything that's going on, money and power. | ||
| You got to understand the money side. | ||
| One way you understand that? | ||
| Birchgold.com slash Bannon. | ||
| We have a primer. | ||
| It's free. | ||
| It's four installments. | ||
| The end of the dollar empire. | ||
| What the currency means to you, a stable currency means to you and your life. | ||
| Then you can talk to Philip Patrick and the team about gold as a hedge against exactly what we're going through. | ||
| Turbulence. | ||
| Short break. | ||
| Yes, January Consumer Price Index out in a few seconds. | ||
| All yields are a bit lower and here we're hitting the wires. | ||
| Headline number, expected to be up two-tenths of a percent, is up three-tenths of a percent. | ||
| That's the hottest since CEP of 23 when it was up four-tenths of a percent. | ||
| Strip out food and energy, even hotter. | ||
| Up four-tenths of a percent, also one-tenth hotter than expected. | ||
| Up four-tenths of a percent, well, you equal that going to May of last year. | ||
| You surpass it going to April of last year when it was up 0.5. | ||
| The year-over-year numbers, also hotter. | ||
| 3.1 on headline year-over-year. | ||
| We were expecting 2.9, but did make progress versus the rearview mirror, which stands at 3.4. | ||
| Now, if you consider 3.1... The great Rick Santelli. | ||
| This was a hot print market. | ||
| Don't take it from me. | ||
| Wall Street's already down 400 points. | ||
| Headline in CNBC, inflation persistent, right? | ||
| All the happy talk. | ||
| OK, let's go back in time. | ||
| We want to make sure that we're in posse is as smart as possible on this topic. | ||
| Every institution that we have, because this is a fourth turning, they're collapsing around us. | ||
| Their rearguard action is to stop Trump. | ||
| All of them. | ||
| The lawfare, all of it. | ||
| And even the financial, which I'm gonna get to here in a second. | ||
| Because they cannot allow Trump to return to the White House savvier, smarter, tougher, more focused, with the MAGA movement ascendant. | ||
| That's end of game to the globalists. | ||
| That's breaking, what they try to do is set an apartheid state here in the United States for the MAGA movement, the deplorables, and we're in the process of breaking that. | ||
| That's what this great comeback is, is MAGA Ascendant. | ||
| Now, remember, the financial community, I think the first time in American history, I have a pretty good grasp on American financial and economic history. | ||
| There's been other times, don't get me wrong, when they're all there to support the president, but this is a full-scale coming together, a really merger of the Treasury and Fed function to make sure they flood the zone with every piece of QE and stuff they're doing off the books to jack up this economy, to make sure when it gets to election day, it's dead underneath. | ||
| It's like people on steroids. | ||
| They may be ripped But the testicles are tiny and the organs inside are rotting. | ||
| Okay? | ||
| Do you say that, Steve, because you're not ripped? | ||
| Topic for another day. | ||
|
unidentified
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Who said I wasn't ripped? | |
| In December, EJ and Tony, correct me if I'm wrong, brother, this came out of nowhere. | ||
| All of a sudden, right after Thanksgiving, Powell came out and kind of said, inflation's dead, it's over, and I'm not going to have a rate cut now, but kind of promised rate cuts. | ||
| Which the Wall Street easy money, the lords of easy money on Wall Street were salivating over, and Janet Yellen at the same time is taking every pool of capital cash inside of Treasury, all the emergency things, and she's flooding the zone in there to make sure they jack this thing up. | ||
| That all got blown up this morning, did it not? | ||
| As we keep saying, if you keep, and if you believe, and look, I'm not a Keynesian, but if you believe the Keynesian model, you keep pumping it, baby, and it's gonna get hot, right, EJ? | ||
| Absolutely, Steve. | ||
| And you made such a great point earlier when you talked about this kind of spending, these ridiculous bills that are just sending all of our taxpayer dollars overseas, billions and billions of dollars that we don't have. | ||
| We don't have this money to give. | ||
| We don't even have the money to lend at all. | ||
| So this idea that somehow we can just spend, borrow, and print our way to prosperity, I'm pretty sure that the last three years have proven that to be absolutely false. | ||
| They have a saying, I think Rogoff at Harvard has a saying, when numbers in all these third world dictatorships and all these countries in the world, when it hits, when GDP hits like this, when deficits hit like this, when the inflation starts going, they go, oh, no, no, no, this time's completely different. | ||
| This time we've got control of it. | ||
| No, it's exactly like we've said it's going to be. | ||
| And here's here's who's taking the brunt is the American people. | ||
| Now, here's what's great. | ||
| African-Americans, Hispanic citizens, you know, different Democrat under 35 years old. | ||
| They got they understand. | ||
| Hey, guess what? | ||
| Maybe Bannon's right. | ||
| They are treating me like a Russian surf. | ||
| Right. | ||
| I'm just on the wheel. | ||
| I get a little bit of credit and I got to pay off that credit card all the time. | ||
| And I'm just there. | ||
| I'm working for, you know, I'm working for a salary that never keeps up with inflation. | ||
| I'm just on the wheel, baby. | ||
| And I can never get off it. | ||
| No capital formation. | ||
| I can't, I can't buy a home. | ||
| I'm not, I'm never going to get a grub state. | ||
| I can say it very simply. | ||
| You're never going to get a piece of the action. | ||
| Right? | ||
| You're talking about the wealthiest nation in the history of the world. | ||
| Well, hey, it's it works for the top 1%. | ||
| May work for the top 5 or 10%. | ||
| But for everybody else, it's devil catch the hindmost. | ||
| It don't work. | ||
| This is not this is a brutal form of state capitalism that works for the very wealthy and screw everybody else. | ||
| Don't take it from me. | ||
| Look at the lived experience of life. | ||
| Look at the math. | ||
| We've told you about this. | ||
| Look at the math. | ||
| And up on Capitol Hill, the unit party, because all these puppet masters behind it, the big tech oligarchs and lords of easy money on Wall Street that are playing the Mitch McConnells, all the defense contractors and big pharma, all of them, they're paying these salaries. | ||
| And these guys can be up in your grill. | ||
| And I will support any MAGA. | ||
| Any hard-working populace in states like North Dakota and South Dakota and Idaho? | ||
| Are you kidding me? | ||
| Idaho? | ||
| Both senators voted for this? | ||
| Idaho? | ||
| North Dakota? | ||
| South Dakota? | ||
| Arkansas? | ||
| Alaska? | ||
| Oklahoma? | ||
| Maybe they shift their votes at the end. | ||
| I gotta double-check that. | ||
| Cornyn in Texas. | ||
| Cornyn in Texas is right now on a guy, Ken Paxson, that they're trying to take out. | ||
| That scumbag, Cornyn. | ||
| And, Cornyn, you've had your last Senate run, so you better set your other gig up for what you're gonna do in working for a defense contractor, being a lobbyist, because your days in the Senate are over. | ||
| I know you don't come up for re-election for a while, but they're over, brother. | ||
| They're absolutely over. | ||
| Because you went after Ken Paxson today when he just made the observation that you vote with a globalist, and you get some nasty comment about his legal issues. | ||
| His legal issues are all the same types of things they're coming after President Trump for. | ||
| They're coming after Rudy for. | ||
| And you have the audacity to say that? | ||
| Cornine is scum. | ||
| Collaboration is scum. | ||
| Hey, you don't like a Cornine? | ||
| You know where we live. | ||
| You got a problem with it? | ||
| Come over. | ||
| Because you're scum, dude. | ||
| Judge Cornine. | ||
| All these guys, pathetic. | ||
| EJ, there's no way out of this until you cut the spending. | ||
| And the way you cut the spending is not add another 80 billion here and 100 billion there. | ||
| It's already $7 trillion. | ||
| And we told you again, it's a $2 trillion deficit this year. | ||
| And let me give you some bad news. | ||
| It's $2 trillion the next year and the next year and the next year and the next year in perpetuity until the whole system collapses. | ||
| EJ and Tony. | ||
| Exactly, Steve. | ||
| And actually, CBO is even admitting that we're right on that, at least in the short term. | ||
| If you look at their latest projections, they show that interest on the debt in terms of a percent of GDP will hit a record high next year. | ||
| And that's something that we talked about on your show literally months ago. | ||
| The difference is that while we continue to see that trend escalating, CBO instead has it for some reason miraculously just dropping off a cliff and for some reason the economy will grow faster and interest on the debt will grow much slower. | ||
| Obviously, that's not the case and you can tell that just by judging at the trajectory we have been on for the last three years. Things unfortunately are going to get a lot worse before they get any better. | ||
| We're going to need a change in leadership. | ||
| EJ, where do people... | ||
| By the way, change in leadership. | ||
| Mark Wayne Mullins, Kung Fu fighter. | ||
| Shifted his vote. | ||
| Okay, he was a no. | ||
| Shifted his vote, but hey, hey, hey, hey, hey, don't get too quick there. | ||
| As we outed him yesterday, he's working with the house on a discharge. | ||
| He's sneaking around in the house, little viper, Kung Fu viper. | ||
| He's sneaking around there trying to get a discharge petition. | ||
| He's trying to turn the house floor over to Hakeem Jeffries and away from Johnson because Johnson said this thing is DOA. | ||
|
unidentified
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DOA. | |
| Trump took care of the Trump took care of the of the border bill. | ||
| Gates and company, those heroes, took care of trying to trying to blocking this in the House. | ||
| And we have to have Johnson stand strong. | ||
| But you're going to have all these evildoers in the Senate trying to actually turn the floor over to Hakeem Jeffries. | ||
| Folks, we got to fight on our hands, OK? | ||
| This is why I know you guys come to the show. | ||
| But you got to fight on this hand. | ||
| It ain't over until it's over. | ||
| And this is a long way from over. | ||
| EJ, where do people go and get to you on social media? | ||
| Because people need to get savvy here with what's going on with the economy and the numbers, because it's inextricably linked with our issues of the Uniparty on Capitol Hill. | ||
| Absolutely, Steve. | ||
| You're spot on. | ||
| The best place to find me is going to be on X, and the handle there is AtRealEJAntoni. | ||
| I want to give a hat tip to Jason Trennert. | ||
| To Scott Besson, to EJ Antoni, to Dave Brat and Peter Navarro, our kind of five capital markets economic guys, who all called this to a person. | ||
| EJ, thank you so much. | ||
| The work you're doing is amazing. | ||
| Thank you for having me, Steve. | ||
| That's why Go to Birchgold. | ||
| Talk to Philip Patrick and the team. | ||
| Don't take it from me. | ||
| I sit on here and rant all the time. | ||
| You talk to the experts. | ||
| That's why we had these sponsors in verticals that we deeply believe in to make sure that you're talking to the best. | ||
| So just get to Philip Patrick and the team. | ||
| Birchgold.com slash Bennett. | ||
| But get to Philip Patrick. | ||
| You know, I realize we're giving you a lot of tasks, but hey, that's why you're leading this effort that's historical in nature. | ||
| Todd Bensman. | ||
| They did take The House, they did take your concept and breakdown of the invasion bill, people believe, and you exposed it as a fig leaf, and last, people should understand, since Saturday, the Senate guys haven't been, they have not been Shy about admitting that, that it was all just a fig leaf that didn't really solve anything, actually made things much worse just to get to Ukraine. | ||
| But now it's going to come back and this firefight exists. | ||
| Give us your later. | ||
| You've been breaking stories all the time, but just reset it here. | ||
| Where do we actually stand? | ||
| I've got a great thing up on on Getter on Getter right now on my Getter page. | ||
| It's got the the long line of people. In fact, if we can pull that and put it up for the next block, it's just a video of the long line of invaders that were processing as quickly as possible into this country, sir. | ||
| One of the big narratives out of that Senate bill debate and all the discussion around it was, remember back when Biden said something to the effect of, please give me the authority to do what I need to do, Congress. | ||
| I don't have any authority. | ||
| I'm doing the most I possibly can. | ||
| That was the narrative and it still is the narrative. | ||
| But that's just simply not true. | ||
| The Biden administration has asked Mexico to shut things down. | ||
| From the 14,000 a day that we were seeing, 12,000 a day that we were seeing. | ||
| I'm just back from the border a couple days ago, and in Texas it's almost dead over there, but there's still five, six thousand a day coming in elsewhere, mostly in Arizona and California. | ||
| Those numbers continue to just pour in. | ||
| I'm not sure why Mexico is not also operating on the other side of Arizona. | ||
| And California, but on the Texas side, they've got troops out there. | ||
| I interviewed a bunch of the troops. | ||
| They are rounding them up and putting them on airplanes and buses and shipping them 1500 miles to the South as part of some kind of a diplomatic political deal with the Biden administration. | ||
| That remains a secret. | ||
| The reason I'm telling you that is a, he could have done this at any point in the last three years, just like Trump did and didn't. | ||
| And two, he's got an election coming up, a re-election bid coming up where the polls show that like 20% of the American public is okay with what he's doing on the border. | ||
| 80% hate it. | ||
| So this is a major Achilles heel and he's got Mexico doing his dirty work down there. | ||
| And Mexico could just change their mind on a dime and say, well, we're going to let him go through again. | ||
| Todd, hang on for one second because I want to keep you through this next break. | ||
| We have a lot more to discuss. | ||
| This is the War Room. | ||
| We're jammed. | ||
| We're having to shift stuff around because we've got to drill deeper into some topics. | ||
| Tony Bobuliski is giving secret deposition behind closed doors. | ||
| Deposition is blowing up Biden. | ||
| Biden's coming back defiant. | ||
| 86% of the people think he's too old. | ||
| to be present. | ||
| I think he's actually too corrupt, crooked, and dumb. | ||
| But hey, I'll throw age in there, too. | ||
| Not age. | ||
| This guy's got dementia, as the H.E.R. | ||
| report shows. | ||
| We're packed. | ||
| Jackie Torberoff's going to give us a special of what's happening in New York City, the greatest city in the world, formerly the greatest city in the world. | ||
| Stick around. | ||
| You're in the War Room. | ||
| Your host, Stephen K. Bamm. | ||
| Now may be a time to go to My Patriot Supply. | ||
| This is the number one company in the preparation or self-reliance space. | ||
| It started in a one-room apartment, I think in Salt Lake City, 12, 14 years ago. | ||
| Joe Reek and the team, just incredible. | ||
| They got everything, just go. | ||
| And what I love about the website, they merchant the information so you can start thinking this thing through. | ||
| Then they get people, if you call them, they're actually like consultants that kind of advise you. | ||
| MyPatriotSupply.com, they're the number one guys in the space. | ||
| Fantastic. | ||
| And hey, who knows what's going to happen here? | ||
| We know we're going to win. | ||
| But like I tell folks, on the day we win, that's when the hard work starts. | ||
| And we got a ton of hard work between now and then to clean this rat's nest out. | ||
| So you see the inflation, you see. | ||
| And here's why. | ||
| The lords of easy money on Wall Street and the guys in Silicon Valley, they love what's going on here. | ||
| The concentration of wealth is getting greater and greater. | ||
| And part of what they're doing here in the scam, I will do this and we're going to do this, there's two things we're going to do as far as going through business models to show you what reality is going to be for you in the next several years. | ||
| One is Joe Allen is all over this artificial intelligence and exactly the seven trillion dollars they're raising. | ||
| They laid out their plan at this World Government Summit, lovely place to lay it out, with Klaus Schwab and the head of NVIDIA. | ||
| So we're going to go through that. | ||
| The other is the, what the business model for the United States is because CBO between Powell, Jamie Dimon, the Congressional Budget Office, they've put forward what the plan is and the plan is contingent upon, they've built the business model on mass illegal immigration. | ||
| It's in, it's baked into the numbers now. | ||
| I finally figured it out. | ||
| I had to go back and actually do some work with those guys, but finally figured, I mean, going forward, And they're going to make the argument, you can't deport people because you deport people, we're going to have a bigger problem, a bigger hole to fill. | ||
| This is what they're setting up to do. | ||
| In fact, not what they're saying to do, it's what they're doing. | ||
| Powell told you on 60 Minutes, remember that? | ||
| He said that the reason inflation was coming down, wages were coming down, the reason wages were coming down was the illegal invasion. | ||
| As we told you it was going to happen, now they admit it. | ||
| The media won't report it, they won't pick it, but he said it right there in the 60 Minutes interview. | ||
| In fact, Todd Bensman and CIS, and Bensman, you've done such an amazing job going to the border, all the reporting you're doing, your books, the one on Jihad was dead on before it's time. | ||
| Your other book, a book called Overrun that you worked on years ago, and you had the beautiful, that magnificent shot at the bridge, exactly what the problem was. | ||
| You've been ahead of the CIS, but Camerata's got a report out. | ||
| In fact, Breitbart, Neil Munro of Breitbart's got a great breakdown of it. | ||
| If you want to go over to Breitbart, he's got a great breakdown, but you've got to read the report. | ||
| I think Neil links to it. | ||
| And remember, Neil Monroe and John Binder over there are doing some of the best reporting out there on this entire fiasco, right? | ||
| Todd Benson's the man, but he works at kind of a think tank. | ||
| These guys are reporters. | ||
| If you take Matt Boyle, who's the best political reporter, Ed Binder, and Neil Munro, you got a real package there. | ||
| But Camerata outs it. | ||
| There's been no net, all net job growth since 2019 has been for foreigners, foreign-born people. | ||
| They couldn't be more obvious and an African-American, the Hispanic citizen population and people under 35 don't, I keep saying, we lay the math out and it's pretty straightforward. | ||
| There's not quantum mechanics. | ||
| Okay. | ||
| We lay it out. | ||
| And if you continue to vote for it, I don't want to hear your belly aching. | ||
| I don't want to hear you bitching and moaning. | ||
| You're voting for it. | ||
| You got it, baby. | ||
| Cause they are up in your grill about what they're doing. | ||
| They're not even hiding it anymore. | ||
| There's an invasion in this country and it's part of their business model. | ||
| And we will show you, we'll break down the CBO numbers to tell you how they break it into projection and the argument they're going to make. | ||
| They're wrapping Trump around so they can impeach him every different way on Ukraine and other things. | ||
| But the other argument they're going to make, they're going to go, not so fast. | ||
| You can't deport the 10 million because the economy is actually predicated upon them. | ||
| They're cheap wages and the fact that they buy, they use 100% of their income to buy consumer goods. | ||
| Yep. | ||
| That's the pitch. | ||
| I can walk you through the math. | ||
| Todd Benzeman, your thoughts and observations, brother. | ||
| It's true. | ||
| The labor market has rebounded not for U.S. | ||
| citizens since COVID-19, but for illegal and legal immigrants, according to the CIS report. | ||
| That's the area that has grown by leaps and bounds because it's basically cheap slave or slave labor, which is sort of an addiction for Republicans and Democrats alike. | ||
| When it comes down to border security and immigration policy in general, there is an addiction. | ||
| And you'll always see a division within the Republican ranks over the border because of this. | ||
| It's cheap, and like you said, there's an expanded consumer market when you have millions and millions of people coming in and spending their public welfare benefits and whatever wages they're earning on the side or illegally on consumer goods. | ||
| So this is kind of built into the system, and it's a problem. | ||
| There is a legal way to do this. | ||
| We don't have to just sort of make lemons, lemonade out of the lemons of having a mass migration border crisis that is the greatest in U.S. | ||
| history by every metric to have that. | ||
| And we really have to emphasize e-verify because that labor market is the primary draw For all of these illegal immigrants, I've been interviewing thousands of them over the years, recent years, and they all say we're coming to earn money, legally or illegally. | ||
| We're going to make money and send it home, send it out of the country. | ||
| Well, if you stop the remissions, I mean, that's part of the... I think President Trump will have a very sophisticated deportation plan, but the deportation plan is coming. | ||
| And some has got to be incentives. | ||
| Some is you're going to cut off the Western Union. | ||
| No, no, no, no, no, no. | ||
| That's going to be harder than a bank does. | ||
| You think we got the Swiss system on the banks? | ||
| You just go to the Western Union and say, hey, how about this? | ||
| No more money goes back to Mexico because it's, what, a third of their economy? | ||
| And to every nation, hey, we're not going to give one remittance. | ||
| All of a sudden, people change and go, what? | ||
| Hang on. | ||
| How do we do this now? | ||
| We got to do what? | ||
| There's so many games being played to screw, and here's what it's all about, screwing the American citizen. | ||
| Todd, I know you got to bounce. | ||
| Brother, where do people go? | ||
| You've got amazing stories up. | ||
| You're like a regular in the Daily Mail now. | ||
| Where do people go for you? | ||
| Yeah, I have a piece just out in the Daily Mail about Biden's Mexico program. | ||
| I just came back. | ||
| And also one in the New York Post about a jihadist plot to bring ISIS terrorists over the border to kill President Bush, former President Bush. | ||
| Ben's been Todd at X and I'm on Getter and Truth Social. | ||
| Todd, your stuff's amazing. | ||
| You're the best of the best. | ||
| And that's a big for war room to go there. | ||
| You're the best because you also put yourself in harm's way. | ||
| Okay. | ||
| Short break. | ||
| 90 seconds. |
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