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This is the primal scream of a dying regime. | ||
Pray for our enemies. | ||
Because we're going medieval on these people. | ||
You're not going to free shot all these networks lying about the people. | ||
The people have had a belly full of it. | ||
I know you don't like hearing that. | ||
I know you'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 line? | ||
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! | ||
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War Room, here's your host, Stephen K. Babb. | |
It's Saturday, 25 May in the year of our Lord 2024. | ||
Memorial Day weekend is here. | ||
Rahim, I want to quote Reuters, Russian President Vladimir Putin is ready to halt the war in Ukraine with a negotiated ceasefire that recognizes the current battlefield lines. | ||
Four top Russian sources with knowledge of these matters told Reuters, saying, quote, he is prepared to fight on if Kiev and the West do not respond. | ||
Your thoughts, sir? | ||
I mean, Steve, you know, this is this has basically been the status quo now for for some time. | ||
Russia understands that the West is saber rattling again, in perhaps some of the most blatant, I think, party politicking and election interference using conflict using war, again, using the blood of young men and women and children who are being murdered in advance of these of these geopolitical ends. | ||
And, you know, I gotta say this, because, you know, not that they're particularly doing well for business nowadays, but media matters might get the wrong end of the stick. | ||
You know, I'm not a fan of Russia, Russia's government, Russia's oligarchy. | ||
I'm not a fan of Vladimir Putin. | ||
But But I will say this, of the two factions in this campaign, the NATO faction which includes Ukraine and the Russian faction, there has been one which has been willing to negotiate and willing to seek peace terms almost throughout the entirety of the situation. | ||
And it takes you back to how the beginning of this whole thing began, right? | ||
With the overthrow of the government in Ukraine, by the West in that colour revolution, and frankly the lack | ||
of any coherent plan as to what Ukraine would and could look like going into the | ||
future. | ||
Now look, here's the problem. | ||
I've spoken to many people about this, I continue to speak to people about this, experts in | ||
the field, practitioners, people who have been on the ground and see what's going on | ||
There is a very deep seated concern that a lot of the American technology that we thought was wildly superior to what the Russians had actually isn't making all that much of a difference. | ||
Specifically looking at things like like high Mars and beyond. But also, in addition to that, | ||
that if this thing drags on too long and that there isn't a doubling or tripling down on behalf | ||
of Ukraine, NATO and the West, that actually you could end up with a Ukraine that looks | ||
not much larger than Kiev and its suburbs or Kiev through that corridor to Lviv. | ||
And that would be one of the most abject failures of Western foreign policy and Western war-making in an extremely long time. | ||
So it is, I think, in everybody's best interest to seek that peace. | ||
I also think with an election coming up, the Rishi Sunaks and the Joe Bidens will be less inclined to do that than ever. | ||
So Ben, picking up our conversation last night where Raheem just said, I don't know if it's saber-rattling, we have And I think it is the case of this technology maybe not being all it was made up to be, and our intelligence services once again are not on top of things, and I think that's why you have French technicians, British technicians, and American technicians actually on the battlefield. | ||
But the reason I wanted you guys back on from last night on the kickoff to Memorial Day weekend is that the third World War kinetic part is here. | ||
It's just, if we continue to get wrapped up, there's a news article last night that we're committing to put troops or some sort of peacekeepers into Gaza. | ||
And that's one of the reasons that Pira's bill is actually to put American peacekeepers there. | ||
We know the Chinese Communist Party is running massive exercises right now in something that we can't, it's never talked about, but we can't lose, which is the chip factories in Taiwan. | ||
The kinetic part of the Third World War is upon us. | ||
Fanel came on the show, I think earlier in the week, and he started doing the calculations. | ||
If you add up what's really going on in Ukraine, you add up what's going on around the rest of the world, you could be close to a million casualties already. | ||
in the third world war, yet the political leadership is doubling and tripling down already. | ||
I think your analysis of what you and Rahim found out, that Sunak does not want to be a wartime prime minister, and that's why he's called this snap election he wants out, is accurate. | ||
Your thoughts? | ||
Well, firstly, this news that came out yesterday that the US is looking to send in some kind of high representative civilian figure to go in there, I can't help I'm casting my cynical beady eyes over this, that they are | ||
manoeuvring in for the grift when it comes to the rebuild of Gaza, just as the vultures | ||
are circling, waiting to be able to do the same in Ukraine. | ||
I'd like just to riff, if I may, a moment off what Rahim was saying, because like Rahim, | ||
I don't have a great fondness for the Russian regime. | ||
And looking at the two of them presented with this choice, I could almost say a plague on both their houses, but for the fact of two considerations. | ||
The first is that all of the people who were sponsoring Zelensky. | ||
I absolutely, absolutely detest them all. | ||
Ursula von der Leyen and the rest of the European Union. | ||
Biden. | ||
The US military industrial complex. | ||
Prostitute politicians in the House of Commons. | ||
I detest, I loathe a lot of them. | ||
And they've all sort of come in to endorse Zelensky. | ||
So whilst between the two sides, Russia and Ukraine, I'm pretty much ambivalent. | ||
I'm not looking forward. | ||
I don't think it will happen. | ||
I think Russia's going to win this. | ||
I think, to some extent, Russia already has won this. | ||
But if the reverse were to be true, nothing against Zelensky. | ||
I'm sure he's a lovely chap and all the rest of it. | ||
But I would be deeply disappointed to see the smug faces of all the sociopathic overlords that have created so much destruction, wanton destruction in Ukraine in order to get | ||
themselves some press releases. | ||
Second point. | ||
The second point is this. | ||
Russia's only doing in this instance, when I say the equivalence between the two sides, | ||
Russia is only, you know, to give a slight bit of credit to Putin in this, he's only | ||
doing what America would be doing and would have done a long time before Putin got around | ||
to doing it had the situations been reversed in some kind of mirror image scenario. | ||
There's no way, in fact you remember, Steve, when there was talk of Chinese training camps in Cuba or something, basically the | ||
Americans said, get out, you're not going to do this here. So, you know, why any country would expect | ||
to have a unique ability to do things on the world stage that it would deny to others | ||
seems to be a recipe of hubris that will only lead to war. And those are my two reflections, | ||
unidentified
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you know, where I come from on on this particular war. | |
Ibrahim, I'm not doing this to brag, because I'm not, but I want to make sure that we have a sense of what the record's been here. | ||
Yourself, Poso, Harnwell, myself, and a couple others we had on here. | ||
If you go back to the very beginning of this, the absolute arc of this, we've been dead spot on in really the major actions from the beginning. | ||
Have we not, sir? | ||
Well yeah, but there's no prizes for being right in politics. | ||
There's no prizes for being right in geopolitics. | ||
Certainly, certainly not. | ||
No, no, no. | ||
But no, no, no. | ||
Hold on. | ||
It's going to go to set the predicate for something else. | ||
But just go back. | ||
We've kind of, and you've been at this since 2014. | ||
Right. | ||
I always kind of question even in the I couldn't figure out why Ukraine was even such a big deal with Biden and then with the impeachment. | ||
But now when you pull it back and you look, you can see that there's something there's something so dark and rotten in this that it's got this this this gravitational pull on the worst elements of of the West. | ||
Which all comes into Ukraine and it confronts there the KGB and it's just it's it's it's like a cauldron of evil. | ||
And it's been with us for a while and it's going to have something's going to have to give we cannot if we continue down this and particularly you continue down these powers like the United Kingdom and France that don't have anywhere near the military capability and not just that the people were almost like in 1914. | ||
The people are not really awakened here to the calamity that could be before us if their leaders keep pushing. | ||
I mean, there's no difference in what's happening now with leaders in the West, like the Austro-Hungary Empire. | ||
How clueless they were. | ||
Or how clueless the Romanovs were. | ||
Or how clueless Kaiser Wilhelm and his family were. | ||
How they would just detach from reality of what was actually going to happen. | ||
And the populists were like sheep. | ||
They had no earthly idea. | ||
And very shortly into the First World War, you had slaughter on a scale in the first 100 days that people couldn't even imagine. | ||
You'd be having battles with 30, 40, 50,000 casualties in 24, you know, 48 hours. | ||
We're heading to the same place. | ||
It's almost like we're sleepwalking almost 100 years ago back into the same type of calamity. | ||
Rahim Ghassan. | ||
Yeah, absolutely. | ||
I think that's the right way of looking at it because everything that we've seen and that we've said so far has led us to that path, that position that, especially on a weekend like this, you hope and pray, at least for those who know what that looked like, you hope and pray something like that would never happen again. | ||
But it is, it's unfolding before our very eyes and everything can seem, you know, distant and You know, avoidable until it rushes up on you and happens. | ||
And that ties all of this together, right? | ||
The common thread here from the statue, from the memorial that's going here in Freedom Plaza in Washington DC, right up to that moment of Boris Johnson sitting in that private London members club with foreign nationals in London, who, you know, I don't know what the paper trail is like, but I'd be very surprised if money isn't changing hands there. | ||
But who are, let's say, inducing a former Prime Minister of the United Kingdom, a recent former Prime Minister of the United Kingdom is somebody who is extremely, extremely influential. | ||
You know, he has a daily mail column, one of the largest newspapers in the world, certainly | ||
the largest news website in the world. | ||
He has been a telegraph writer, he's a bestselling author, one of the most impactful people on | ||
planet Earth. | ||
Effectively saying, you know, not only are we not interested in resolving this, not only | ||
are we not interested in negotiating the peace, but actually I'm going to stand here with | ||
avowed neo-Nazis and triple down. | ||
Ladies and gentlemen, if you don't see what the Russians, what Vladimir Putin will see when he sees that and respond and how he would respond to that, then you have your head somewhere the sun don't shine. | ||
This is perhaps the most dangerous period in time I think that we can say that we've been in, probably even more so since the height of the Cold War. | ||
Oh no, no, no, no, no, no. | ||
This is the most dangerous. | ||
If you study history, this is the most dangerous the world's been since the attack on Poland in 1939. | ||
This is, this is far, and I was there during the darkest days of the Cold War, even more in the Cuban Missile Crisis, when you know Because of a mishap, we were, I think, 90 seconds away from firing back in 1983, in the early 80s. | ||
The tensions then are nothing compared to what's happening today. | ||
Today, we're in, like I said, there's been a million casualties. | ||
We're at the beginning stages of a third world war. | ||
A kinetic phase, not a yelling at each other's face. | ||
A kinetic phase. | ||
This is as dangerous, or even more dangerous, than September of 1939. | ||
We're in it, and we're gonna get drawn in it, and here's what's so dangerous about it. | ||
You have someone like Boris Johnson, as immature as that guy is, and you guys know him a thousand times better than I do, but you have someone with the lack of maturity that he has, the lack of gravitas that he has, that aspires to gravitas and aspires to greatness and aspires to maturity, and what he's done here in this Ukraine situation, when he was the guy that went over as the representative of the combined deep state apparatus, And really stopped any ability to slow this thing down back in, what, February of, what was it, 2021, I guess now? | ||
2022, I guess it was. | ||
unidentified
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2022? | |
No, no, no, no, no, no, no. | ||
This is a hundred times more dangerous, particularly with the type of weapons, the biological weapons that are out there, the tactical nuclear weapons, and the mullahs in Persia, the criminal syndicate in Beijing. | ||
Oh, no. | ||
This is to the 10th power more dangerous. | ||
The 1939. | ||
With a population that, look at what's in Europe. | ||
They're not, they're going to their football game. | ||
I mean, this is July of, this is essentially July of 1914. | ||
They had a beautiful, remember, it was such a beautiful summer. | ||
It was the most beautiful summer, I think, they said in British, you know, British history, they said. | ||
The remembrance of it. | ||
And they all were led like sheep to slaughter. | ||
Next in the world. | ||
unidentified
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A big night last night. | |
Nikki Haley making her first public remarks since dropping out of the race. | ||
She said that Joe Biden has been a catastrophe and she said she's voting for you. | ||
I'm sure those were welcome remarks for you, but it also left a lot of people wondering, | ||
is there room for her on your team or better yet your ticket? | ||
Well, I think she's going to be on our team because we have a lot of the same ideas, the | ||
I appreciated what she said. | ||
You know, we had a nasty campaign. | ||
unidentified
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It was pretty nasty. | |
But she's a very capable person, and I'm sure she's going to be on our team in some form. | ||
Absolutely. | ||
I want to get, if we can just get teed up, my Bloomberg comments. | ||
When they're ready, I'll call for those. | ||
Okay, I'll start. | ||
I'm going to start. | ||
I don't even know where to start. | ||
I'll start with Ben Harnwell, because Ben, you were always with that beady eyes of yours about our sociopathic overlords. | ||
This is our beloved President, President Trump, after the tremendous, you know, really groundbreaking rally. | ||
Same ideas and same thoughts. | ||
Birdbrain, Nikki, neocon Nikki, back in play. | ||
Your thoughts, sir? | ||
Right, OK. | ||
Thanks, Steve. | ||
OK, so... With all due love and respect, Mr President, she's not a very capable person. | ||
unidentified
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OK? | |
Hold it. | ||
Capable. | ||
What about the same... Please, President Trump, help me out here, brother. | ||
No, no. | ||
We're your biggest support. | ||
This is your platform. | ||
The world is your platform. | ||
Please tell me same ideas and same thoughts. | ||
We'll go to Rahim in a second. | ||
Hold it. | ||
Rahim's got heavier duty because I'm about to talk about the New York Times lead story where Tom Cotton's at the top of the list for VPs. | ||
But let's stick with Nikki. | ||
Same ideas and same thoughts, sir. | ||
No, Mr. President, with all love and respect, no, simply no, this is not the case. | ||
It's really not the case. | ||
There is no world, there is no world, there is no world that exists, any polls that I've seen, any sociologist of any credibility has made the argument that Donald J. Trump needs Nikki Haley's votes or voters or supporters to win. | ||
Steve, I think the correct response is, as you have been saying repeatedly on this show, MAGA is basically two-thirds of the American populace. | ||
That is the agenda, right? | ||
That is the agenda that he needs to be—the America First agenda is what Donald Trump needs to be concentrating on, and I say this with humility, in order to To win with a landslide in November this year. | ||
If he starts saying, oh, well, you know, I've got Maguire. | ||
You know, they're going to bring me some votes. | ||
unidentified
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I'm going to need the neocons as well. | |
That's how you're going to get Maga to stay at home at the next election, right? | ||
If that's what the geniuses around him are advising, then I might as well just go to the beach. | ||
We can all go to the beach between now and November. | ||
I thought this agenda, I thought this MAGA agenda was about empowering and giving a popular mandate For the third time to Donald Trump to come in and make the reforms he needs to make to take the country out of the hands of its sociopathic overlords and put it back in their hands for the future prosperity of the American people. | ||
If he thinks that he has the same ideas, what's the point? | ||
I don't even want to know what that formulation of words was. | ||
It's so awful. | ||
But if that's really what he thinks, then come out and say that now, Mr. Trump, Mr. President, and then we can, you know, why break our backs for the next six months? | ||
Because, you know, what is there more to say? | ||
So hold it, Rahim. | ||
I was going to Tom Cotton, but I got to go to you. | ||
You've done, I think Laura Loomer's done an amazing job and you've been working on this too. | ||
There's something going on. | ||
In regards to this convention and behind the scenes there's something not right and it's deeper and I think even darker than 2016. | ||
My theory of the case is that he can't, he's not going to be able to teach MAGA to love the neocons and so the neocons are going to use the convention as a forcing function and they're working behind the scenes now. | ||
To upend Trump, because they can't do that. | ||
It was too definitive of how he won the caucuses and the primaries. | ||
But to use it in these machinations to force neocon Nikki on the ticket as essentially the prime minister of President Trump's second term, sir. | ||
Yeah look, I mean, we're all going to have a bit of an argument here but I'm going to play Donald's advocate on that clip there because he's very, he's kind of more specific, he's being more specific about his intentions there than you might think. | ||
Now that is not, by the way, to negate anything you're saying. | ||
Actually, a very large, very well-funded and very dangerous attempt to force Nikki Haley on MAGA and to use the convention, as you say, as a forcing function for that. | ||
But let me just read for you from the editor's note that I put up this week on this article about what Trump said in the Bronx that day in that interview you just showed about Nikki Haley. | ||
I'm going to read from the editor's note, which is exclusive to National Poll subscribers, that we put up this week. | ||
It's tempting to scream not good in an alarming fashion, though that seems trite and implied. | ||
Nikki Haley's involvement in anything is not good. | ||
But this isn't about Nikki Haley. | ||
This is about Nikki Haley's donors, Nikki Haley's delegates, and Nikki Haley's voters. | ||
Yes, unfortunately, a few exist. | ||
With such a tight election ahead of him, President Trump understands he will need every dollar, delegate, and vote possible. | ||
He may well have no intention of appointing Haley to anything whatsoever. | ||
That, I'm afraid, is something only he knows for the time being. | ||
But the safer bet going into the RNC is for Trump to play the magnanimous unifier, and for Haley and her cohorts to believe she will have some role in a future Trump administration. | ||
Idle hands are the devil's workshop. | ||
And idle hands there have been over the past couple of months as Haley, her consultants, her family members, all try and figure out how to save her face. | ||
This, I think, I hope, is a very clever strategy for the Trump people to take Nikki Haley out of the equation. | ||
There is, of course, there are, of course, people both in Team Trump and without that do do sympathize with Nikki Haley, that do sympathize with neoconservatism, | ||
but you know, touch wood, fingers crossed, with my Donald's advocate hat on, I | ||
actually didn't, that didn't set alarm bells ringing for me like it did for you. | ||
Okay, fine, fine, Ben and I are easily triggered. | ||
I just want to make sure I got one thing, because we are running out of time here and | ||
I got to get this. | ||
You are all over this and people should know Raheem's dealing with behind the scenes guys. | ||
You made a comment there, and your point is, hey, this is the way you defang her, right? | ||
Defang the serpent. | ||
But there is a very well-financed, very well-organized process going on with the neocons through Nikki Haley to get her onto the ticket and to use the convention as a forcing function, as you can report right now. | ||
Yes, there absolutely is. | ||
And it's widespread. | ||
This is not just a cabal of people in Washington, D.C., Cafe Milano, putting these plans together, though there is that. | ||
This is happening in a great number of states out there where I'm being called, I'm being told, I'm being texted, hey, you know, the delegates that are being selected to go to the convention when they're supposed to put Donald Trump in there, there are a significant number of them. | ||
Some of them are getting caught, right, and stopped. | ||
at the state level. But some of them are getting through where they are either Nikki fans, | ||
Ron DeSantis fans, Never Trumpers, they want to exact revenge on Trump somehow for embarrassing | ||
or insulting them and their candidate, their original candidate, or they're just straight | ||
up old-fashioned rhinos who are unreliable and have not been tried and tested at something like | ||
this. This is a failure of management as far as I'm concerned of the political process here. | ||
This should be. | ||
There should be no cause for concern at this point in time that any of this chicanery could possibly go on at the convention. | ||
But at this point in time, we have that to deal with. | ||
We've got some half Debates that now are seated, you know, another failure of negotiation there. | ||
And you've also got, of course, you got all of these, this lawfare where the RNC has not lifted even its pinky finger to help Donald Trump away from being persecuted by the state here. | ||
So, you know, a trifecta of political malpractice. | ||
Raheem, National Pulse, where did everybody go? | ||
And I commit to you, I'm going to get Harnwell his own subscription, so he'll be more on top of things. | ||
Where did people go? | ||
Yeah, look, it's thenationalpulse.com forward slash war room to sign up and be a part of the community of nearly 13,000 patriots out there now, and just a year into doing this. | ||
They want that inside info. | ||
They want, as we give it to them in the editor's notes, As we report stories in a different way from kind of Politico and Axios, and those guys do, we take different framing, we have a MAGA framing to these things, and the NationalPulse.com forward slash war room is where you can go to do that. | ||
Given that this is one of the Memorial Day weekend specials, I gotta say, I am doing the Tunnel to Towers run again in Manhattan this year, raising money for Tunnel to Towers to help wounded veterans and 9-11 families. | ||
And you can find the link to sponsor that run up at the National Pulse as well. | ||
I think you're leading. | ||
Are we putting up a joint team or something? | ||
Somebody told me. | ||
We are doing a whole War Room and Pulse posse. | ||
We will be announcing the celebrity runners who will run alongside me as we get closer. | ||
Amazing. | ||
Raheem, thank you so much. | ||
Ben, I was going to ask you about Tom Cotton, but I'm going to hold that jewel for next week. | ||
Just know our sociopathic overlords are working double time. | ||
Ben Harnwell, you've got a minute for closing thoughts and then tell me how to get to you. | ||
Right, OK. | ||
Well, look, Rahim didn't use the words 4D chess. | ||
But after the last few years of watching President Trump endorse and surround himself by people who have open contempt for him and his agenda, Rahim could have just said this, you know, because you see people on Getter. | ||
You know, I've read every single comment that's ever been posted on my feed on Getter. | ||
And when President Trump launches these kind of things, people say, oh no, he's playing 4D chess. | ||
Steve, my response is this now, after all these years of following this, when I hear the words 4D chess, I reach for my gun. | ||
unidentified
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That's the only response I have. | |
Sorry. | ||
No, it's perfect. | ||
I do the same when I hear White Hat. | ||
They're White Hats. | ||
Where do people go over the weekend to get your stuff? | ||
You're amazing. | ||
Great work today. | ||
Where do they go? | ||
Ongeta at Harnwell, my surname. | ||
Thanks Steve, thanks so much. | ||
God bless. | ||
Thank you, sir. | ||
Get yourself some Warpath coffee. | ||
Let's get jacked up. | ||
Warpath.coffee.com slash war room for your big discount, but go there. | ||
to where your MAGA compatriots are. | ||
See what they have to say about best coffee ever. | ||
unidentified
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Also, people are raving about grass-fed beef liver. | |
Greatest concentration of nutrients known to man or the animal kingdom. | ||
SacredHumanHealth.com. | ||
Go immerse yourself in information. | ||
We'll be back with Philip Patrick in a moment. | ||
It was on a Friday morning show. | ||
I want to talk about inflation, but first we've been talking about the geopolitics on this Memorial Day weekend, particularly the beginning stages of the Third World War in Ukraine, what's happening in Gaza, in the broader Middle East around Israel, Red Sea. | ||
Now these exercises around China, around the Republic of China and Taiwan. | ||
We had Captain Fennell and Thayer on yesterday go through details there. | ||
It couldn't look darker. | ||
We compared it to World War I. You know, World War I, that summer of 1914 was supposed to be, in living memory, the most beautiful summer in English history. | ||
People were just raving about how many beautiful days and it was blue sky and, of course, the greenery of England. | ||
And it struck out of nowhere. | ||
The Archduke was assassinated on the 28th of June. | ||
It didn't make the front page of the Times of London again until the 28th of July, and mobilization started. | ||
By two weeks in August, you've got a British Expeditionary Force, French, you have massive armies on the move, and by the middle of August, third week of August, People are being killed at a scale, first hundred days, mass slaughter. | ||
I mean, hundreds and hundreds and hundreds of thousands, almost a million casualties on all the fronts in the first hundred days. | ||
And I just mentioned that Burke's peerage almost took a year delay to be put out because so many, you know, Viscounts and Dukes and Baronets and Knights and their progeny had been slaughtered already. | ||
You guys are the hedge against times of turbulence. | ||
When you look at the geopolitical chessboard today, and you see, we've been talking about Sunak has been telling people he didn't want to be a wartime He doesn't want to be a wartime prime minister. | ||
He's a Goldman Sachs investment banker. | ||
He's a prosperity guy. | ||
He's not built for being a wartime prime minister and he thinks this thing's getting sucked into it every day. | ||
What is your take on it as someone that works in the business of hedging risk? | ||
Listen, it is a disaster on almost every front. | ||
Things are heating up around the world geopolitically. | ||
There is a split happening east versus west, and we're getting outplayed. | ||
We're getting outplayed financially, and we're seeing it play out across the globe. | ||
It is a boiling pot. | ||
It is getting hotter and hotter every day, and domestically the decisions that are being made are just disastrous, both economic and geopolitical. | ||
We're being led essentially by a blind man and we're being head into just a disaster. | ||
The world is changing, people can feel it and I think it's leading to problems for us | ||
domestically but across the globe. | ||
This is a very tough time from 1946 up until today we've lived in relative peace and prosperity | ||
which is abnormal historically and I think this is a reversion to the norm but things | ||
are getting tough, there's no question. | ||
People, our audience will remember that Jason, it's the front page of the commentary section of Washington Times Best, and I'll get to this in a second. | ||
But in talking to him about this, I said, hey, because Jason is not a hedge fund guy. | ||
He advises hedge funds. | ||
He advises the top hedge funds in the country. | ||
And I said, when you go around the country and talk, do they understand that the people actually making decisions every day understand The abyss that we're standing over financially, but now geopolitically and with the kinetic part of the Third World War, particularly like in the South China Sea, where you see the PLA surrounding Taiwan. | ||
Do they understand that if Taiwan was to fall and we lost those chip factories, the United States would be in a Great Depression? | ||
It's no doubt. | ||
We're trying to move them to Japan. | ||
You're trying to move them to Phoenix, Arizona. | ||
That's a 10-year process because advanced chip design is both a science and an art, and it can't be replicated. | ||
And he said, Steve, you know, it's interesting. | ||
He said, modern monetary theory and quantitative easing have made really the last 10 years, you know, 10 years, 12 years, of being a hedge fund manager, a money manager, this kind of greenspan put has made it so easy that they don't even really take into account even inflation. | ||
The financial aspects of all this debt plus the geopolitical risk of war is kind of lost on them. | ||
Because again, you know, cash continues getting fused. | ||
He says, look, you've had a, you know, a 98% drop in the U.S. | ||
dollar and a 98% relative increase in gold. | ||
And he says that's that's the and he's no gold bug. | ||
He's a guy that just advises on risk management. | ||
But he says the hedge fund community, he thinks, by and large, are absolutely blind to the risk here. | ||
Your thoughts? | ||
Yeah, look, we've been dealing with an economy, but not just an economy, a government that has been addicted to cheap money for the last 15 years. | ||
And, you know, it's been a very easy job, as he said. | ||
You could have thrown a dartboard at the, you know, a dart at the stock market and made money for the last 10, 15 years. | ||
It's been so simple to do. | ||
We've had zero interest rates. | ||
pumped huge amounts of money through the economy, and it's had the effect to drive things up. | ||
We were very prosperous for a long time, but the reality is money doesn't work like that. | ||
Ultimately, what you do is you start to create a big problem. | ||
I think I sent you an article the other day. | ||
We got Jamie Dimon coming out talking about the US's debt problem, saying that if we do | ||
not deal with it today, we're going to be at the point of no return. | ||
The reality is we're dealing with an administration that is pretending that they don't understand this, right? | ||
Jamie Dimon said in no uncertain terms, deficit spending is why we have higher inflation, | ||
yet we've been listening to the Biden administration talking about supply chain snarls and | ||
Vladimir Putin and putting the blame anywhere outside of themselves. | ||
And the reality is Biden knows what deficit spending does to the economy. | ||
He penned an op ed in 2022 for the Wall Street Journal where he was called my plan for fighting inflation. | ||
And he said, we need to keep reducing the federal deficit, which is going to help ease price pressures. | ||
Well, he doesn't seem to understand that today. | ||
And the world is catching on. | ||
If we don't respect our dollar domestically, Why do we expect people and nations around the world to keep using it? | ||
They're going to continue to distance from it, and it's going to continue to compound the problem domestically. | ||
As you look out there as an analyst, and you look at both the geopolitical and this deficits, can you point to any positive thing that gets us off this? | ||
Can you point to any part of the political class that has the political will To start to, you know, stand up to get off this fiscal mismanagement, this fiscal insanity. | ||
Do you see any of the leaders on Wall Street, Jamie Dimon included, that talk about really what the Federal Reserve should actually be doing? | ||
Do you see anybody even globally at the Bank of England or the European Central Bank or the Bank of Tokyo that is actually sitting there and trying to address this problem, sir? | ||
Listen, the reality is it needs aggressive action. | ||
There are warning signs coming from every area. | ||
Just last month, the IMF said rising levels of U.S. | ||
government debt risk driving up borrowing costs around the world and undermining global financial stability. | ||
There are warning signs coming internationally. | ||
We've talked a lot about the BRICS de-dollarizing. | ||
We are making that argument easy. | ||
And the reality is the only thing that can stop that is very aggressive action. | ||
We need to talk about not just reducing the deficit, right, not just not spending more than we have, | ||
but we need to start looking at addressing this $35 trillion of debt, | ||
and nobody seems to have the right answers. | ||
Trump obviously has some very good suggestions. | ||
He was talking about sort of producing gas and providing it for the world. | ||
We have the ability to do that. | ||
Moves like that will allow us to start tackling the debt issue, | ||
but we have nobody in the White House at the moment that seems to think it is a priority. | ||
There's nothing in the current administration that's going to lead to a change, so we need a change in administration. | ||
It's the only thing that could possibly save us at this point. | ||
I want to pivot to how you guys can help, and particularly, you know, we've put out The End of the Dollar Empire. | ||
It's five free installments. | ||
I'm so proud of some of the ones we did, like Nixon and the Gold Standard, the Detra. | ||
If you read these, and we've done this over the last two, two and a half years. | ||
I hate to say it, even the very beginning one that was two and a half or three years old, looks like it's ripped from today's headlines. | ||
What I want to make sure the audience knows is, because we've had quite a bit of success of this, Phillip, with other things like MyPatriotSupply for people who are not preppers, right? | ||
They realize something's going on here now and they want to go check it out. | ||
Once they check it out, they go, yes, I should have thought of this years ago. | ||
I want to particularly address this to people that are not gold bugs, or have not said, hey, we should be back on the gold standard. | ||
People, they see gold, they know the price is going up, but that's all they know. | ||
What can you guys do for those folks that have traditionally put their money in other places, and obviously you're not saying take all your money out, but you need to use gold as a hedge in times of instability. | ||
How do they get started? | ||
What is the best introduction that they can go and start to get the information and start to talk to your guys and say, hey, here's what you ought to be thinking about. | ||
Here's how you think about planning your financial future, particularly as you get closer and closer to retirement. | ||
Well, it's never been more important than it is today. | ||
That is very clear. | ||
We are in uncharted territory. | ||
This is unprecedented times, and doing what we've always done in a very different climate, that never works, right? | ||
So, information is key. | ||
You're proud of the end of the Dollar Empire reports, and so are we. | ||
And, you know, I speak to a lot of customers every day. | ||
It's really helping to educate people, not only on what's happening now, but how we ended up where we are today. And what I always | ||
say is understanding properly the problems, the solutions start to present themselves. So all your | ||
viewers have to do is contact us. | ||
It's birchgold.com forward slash ban and get the information, read about the history. | ||
We have an investment guide that can teach people on how to purchase precious metals, why today they're so important. | ||
So get educated on the why. | ||
And of course, you do a very good job of educating people on that. | ||
And just follow the smart money. | ||
We've talked a lot about central banks buying gold. | ||
These are not gold bugs. | ||
These are people holding US dollars, watching the Federal Reserve acting like, you know, crazy people. | ||
The federal government here in the United States with just no respect for the dollar's value. | ||
And they're hedging their dollar exposure using gold. | ||
We set a new record for central bank gold buying in the first quarter of this year. | ||
We expect it to continue and it will continue. | ||
Because of the realities of the global economy, the realities of our US dollar, and I think gold is more important today than it has ever been in my lifetime. | ||
I was a wealth manager. | ||
I wasn't always a gold guy. | ||
If I had known back then the amount or the percentage of my portfolio I would have in gold today, I would never have believed it. | ||
I would have fallen off my chair, but I wouldn't have believed the debt situation that the situation we have gotten ourselves into today. | ||
So A different climate needs different solutions. | ||
Jim Rickards, Scott Besant, Jason Trennert, Dr. Navarro, Steve Bennett, none of us were gold bugs, gold guys. | ||
It's just you got to see what's going on with fiat currencies. | ||
I mean, it's happened at such a scale and so quickly. | ||
It's breathtaking. | ||
And all those guys, they say, hey, they've been looking at it for a while, right? | ||
Because they're saying they're not gold standard guys. | ||
They're not gold bugs. | ||
They're not Ron Paul guys. | ||
But man, every one of them saying, you got it. | ||
If you don't look at this now, you're putting your future into jeopardy. | ||
The other thing is you've got all these tax deferred instruments that you guys give the details on. | ||
One more time, how can people, because the feedback we get from the audience, they love talking to you guys. | ||
So where do they go? | ||
Very simple. | ||
Birchgold.com forward slash Bannon. | ||
Birchgold.com forward slash Bannon. | ||
They can reach me directly on Getter, of course, at Philip Patrick on Getter. | ||
But I just want to say one thing, Steve. | ||
I'm so thankful to have the opportunity to be on your show. | ||
I read articles today on CNN And this is stuff we were talking about two years ago. | ||
They're watching our two-year-old shows, and they're running with it today. | ||
So I'm very, very fortunate to be here. | ||
unidentified
|
It's unbelievable. | |
Great. | ||
Thank you, brother, and thank you. | ||
We're lucky to have you on Saturday. | ||
We love it. | ||
We know you're too busy during the week. | ||
Philip Patrick of Birch Gold. | ||
Birchgold.com slash Ben, and The End of the Dollar Empire. | ||
Also, you can get access to Philip Patrick and his team. | ||
Short commercial break. | ||
We'll wrap up the weekend show. | ||
I'm Steve Stern, CEO of FlagShirt.com, a third-generation, veteran-owned small business. | ||
I believe that the American way of life is for all of us. | ||
I'm asking you today to visit FlagShirt.com. | ||
Help keep the American dream alive. | ||
Be a flag waver. | ||
Carry a nation's heritage. | ||
Use coupon code ACTION10 for 10% off site-wide and buy a flag shirt today. | ||
Action, action, action. | ||
Action, action, action. | ||
That's for Steve Stern. | ||
Go check it out. | ||
The products are absolutely incredible. | ||
Also, when we're talking about Jim Rickards, make sure to go to RickardsWarRoom.com. | ||
You get access to his new book, The New Case for Gold. | ||
Remember, he's not a gold bug, but he puts out the, he's got the Strategic Intelligence Newsletters and Contributor Us. | ||
People love that. | ||
You get a special deal on that, so go check it out. | ||
And also, He took Ron Paul's, the case that Ron Paul made back in the Reagan era and updated it. | ||
But I think you'll find it quite illuminating. | ||
Jim Rickards over at RickardsWarRoom.com. | ||
Check it out today. | ||
A holiday weekend. | ||
We're going to be back. | ||
On Mondays, you know, one of our favorite shows of the year, Memorial Day, 4th of July, Veterans Day, Christmas. | ||
We do the Combat History of Christmas every year with Patrick A. O'Donnell. | ||
He always does the Memorial Day show with us. | ||
He'll be with me in the studio. | ||
You do not want to miss it. | ||
10 a.m., our regular time on Memorial Day. | ||
Mike Lindell, a patriot, they're coming after you non-stop. | ||
But to kick off Memorial Day, it's the traditional beginning of the American summer. | ||
What do you got for us, brother? | ||
unidentified
|
Well, we're gonna add on to our big special. | |
I'm gonna tell you about in a minute. | ||
Any order today, we brought back the MyPillow 2.0, the Great American Flag, the Revival Pillow, free with any order today for the Well Room Posse. | ||
But remember, this is a big weekend, and we put all of our mattresses on sale. | ||
But first, I wanna show you what the box stores did to us. | ||
We had one box store cancel a big peel. | ||
All week long, you guys, I said, we're going to give it to the War Room Posse at wholesale prices. | ||
So you get the queen here for $26.98 and the king size for $29.98. | ||
These sheets are usually $99 and $119 a set. | ||
They're made with long staple cotton, the best percale sheets in history. | ||
And, you know, their loss is you guys' gain. | ||
So you're getting that. | ||
And then if you go to the website, And use the promo code War Room. | ||
You're going to see all the mattresses and the mattress toppers we put on sale for the War Room Posse for this great weekend. | ||
We've got the Pillow Mattress Toppers at 50% up to 50% off. | ||
The bed's even over that. | ||
And these beds come right to your front door. | ||
They're the best combination. | ||
Foam mattresses in history. | ||
I designed them. | ||
I micromanaged every piece of these things. | ||
I want all my products to help people. | ||
And this is going to help my call center. | ||
They're working hard today. | ||
Even this weekend, they've been attacked. | ||
Again, attacked in Minnesota. | ||
They said, you guys can't work from home on commission. | ||
Well, bet me. | ||
We're fighting back. | ||
There's the number, 800-873-HELP. | ||
1-0-6-2. | ||
They'd love to hear from you out there. | ||
Their mothers and dads working from home, supporting their families. | ||
And remember, you get a free American Flag 2.0, any origin, any free shipping options available to the War Room Posse, Steve, for this great weekend. | ||
Mike, thank you so much for taking time away on Memorial Day weekend to lay out the deals for the posse. | ||
They love it and want you to know they've got your back. | ||
We understand you're going through turbulent times because of your defense of our real president and also to make sure our election platforms are squared away so we don't have another one stolen from us, sir. | ||
unidentified
|
That's right. | |
That's right. | ||
And we're doing great, everybody. | ||
I just want everybody to keep the faith. | ||
You can check out everything we're doing at LyndalePlan.com. | ||
You guys, check it out. | ||
And this has all been on God's timing. | ||
We're going to get there. | ||
It's going to be amazing when we get back our real president, Donald Trump. | ||
We have to keep fighting for it. | ||
Mike Lindell, thank you. | ||
MyPillow.com. | ||
Thanks, brother. | ||
MyPillow.com promo code War Room. | ||
Make sure you check it out. | ||
Memorial Day is always a great time for us. | ||
We love the kickoff of summer. | ||
Everybody can get back. | ||
You're close to the USGA Open. | ||
It'll take place a couple weeks from now from Pinehurst. | ||
Also, Memorial Day, we think it's one of the most sacred days in the American calendar because it honors our war dead, the heroes that really gave all to defend us. | ||
Once again, Patrick K. O'Donnell will be here. | ||
We're in the middle of it now. | ||
You can see from the kind of kickoff this weekend in the Bronx, this fight, you see what we've been talking about. | ||
The two-thirds of the nation, the 75% of the nation are MAGA, are with us. | ||
President Trump goes and just gives the, and he gives that talk where he doesn't, he's totally authentic and totally tough. | ||
He doesn't pander to anybody and they love it. | ||
They can't get enough of it. | ||
You've also seen, and here's the reality we've got to face, the neoliberal neocons, who have very different policy prescriptions than the America First, MAGA movement, and the American Citizens First. | ||
It's just as President Trump becomes more and more obvious that he's pulled together this coalition, of course it's just human nature. | ||
They're going to try to glob on, they're going to try to get a piece of it, they're going to try to push it in their own direction, and that's what the war room's here for. | ||
We're here to make sure that the voice of the grassroots, that the voice of the deplorables, that the voice of MAGA is heard. | ||
What we try to do here, and at all the War Room sites, All of our content, we don't have a paywall. | ||
I'm pretty adamant about that. | ||
We want to make sure that everybody can get access to all the information all the time. | ||
And the way we can do that, what gives us the opportunity to do that, is our sponsors. | ||
All we do is ask you to go check out the sponsors and see if it makes sense. | ||
Some we've brought on here recently because of certain issues. | ||
One is this credit card fiasco. | ||
The other is taxes. | ||
And on the taxes, they're coming, we talk about deficits all the time. | ||
They're going to try to close the deficits, not by cutting spending, but by getting blood from a stone. | ||
They're going to the working class, they're going particularly to entrepreneurs, they're going to small business owners, and they're going to the middle class, and try to get as much tax revenue as they possibly can. | ||
And that's why Tax Network USA, TNUSA.com, is there for you, and you can go and talk to these folks. | ||
Remember, that is all a process and it's not going to go away. | ||
That you just can't put in the drawer, it's not going to go away. | ||
So go check out those guys today. | ||
TaxNetworkUSA, TNUSA.com, where it has the 800 number right there. | ||
Also, Home Title Lock. | ||
90% of your net worth, if you're an average person, 90% of your net worth is tied up in your castle in your home. | ||
Under no circumstances can you let anybody get access to that equity and borrow against that home and get cash out of it. | ||
Only you. | ||
HomeTitleLock.com. | ||
Just go immerse yourself. | ||
Natalie Dominguez and the Education Director over there does a great job. | ||
Okay, we're going to let you go into your holiday weekend. | ||
We thank you so much for spending the part of this Saturday morning with us. | ||
We're going to be back here Monday morning for our Memorial Day special with Patrick K. O'Donnell. | ||
Until then, I will be up on Getter non-stop. |