June 13, 2024 - Bannon's War Room
48:48
Participants
| 
| Speaker | Time | Text |
|---|---|---|
| We are here at the hearing on the Manhattan District Attorney's Office, and the essential ingredient we seem to be missing is the Manhattan District Attorney. | ||
| Which, I guess, Mr. Roy, would be a lot like going to the Salt Licked BBQ and not getting the moist brisket. | ||
| To Mr. Jordan's credit, great credit, he sent a letter to Mr. Bragg on May 31st, inviting him to come participate, and we got sort of a nasty gram back from Mr. Bragg on June 7th. | ||
| Mr. Chairman, I seek unanimous consent to enter into the record the June 7th response from A.G. | ||
| Bragg. | ||
| Objection. | ||
| I'm sorry, D.A. | ||
| Bragg. | ||
| And in this letter, I'm going to quote from it, Ms. | ||
| Foley, Bragg says, this office is committed to voluntary cooperation. | ||
| Do you believe that? | ||
|
unidentified
|
No. | |
| The letter continues, that cooperation includes making the district attorney available to provide testimony on behalf of the office at an agreed upon date. | ||
| Do you believe that? | ||
|
unidentified
|
I'll believe it when I see it. | |
| It goes on to say that they're evaluating the propriety of allowing an assistant district attorney to testify publicly about the matter. | ||
| Now, that assistant district attorney is the one who downstreamed from DOJ, right? | ||
| So you think they're going to provide Mr. Colangelo here to answer our questions? | ||
|
unidentified
|
I would not expect Mr. Colangelo to show up. | |
| And do you base that opinion on the lawsuit that Alvin Bragg filed against Jim Jordan in his official capacity in the Committee on the Judiciary? | ||
|
unidentified
|
I saw some of that, yeah. | |
| I mean, look, you have a legitimate legislative purpose to be inquiring as to what you're doing, so they have no leg to stand on. | ||
| But they're not going to come because we ask. | ||
| And they're not going to come because they say so. | ||
| And we learned that by observing our dear friends at the Oversight Committee. | ||
| Because this will surprise a lot of Americans. | ||
| After hearing the enthusiasm around oversight of the Biden crime family, we never sent a subpoena to Hunter Biden to give live testimony before Congress. | ||
| Let that sink in. | ||
| The Republican House majority has never subpoenaed Hunter Biden for live testimony in public. | ||
| We've never done it. | ||
| And I worry that we're going about the same kind of process here, and we may end up There in July, right after sentencing, with an empty Alvin Bragg nameplate and an empty Matthew Colangelo nameplate. | ||
| And then we'll start the process again on letters and subpoenas and accommodation. | ||
| And I've just grown tired of it. | ||
| And I think you're right, Ms. | ||
| Foley, that this is all professional wrestling. | ||
| There's no real effort to Bring these people to bear. | ||
| Gentlemen, yield for a moment. | ||
| No, one second. | ||
| I got a motion. | ||
| Mr. Chairman, I move under committee rule four and clause 2M of House rule 11 to require | ||
| the attendance and testimony of Alvin Bragg and Matthew Colangelo on July 12th to discuss | ||
| their involvement in the Trump prosecution, including their offices coordination with | ||
| the Department of Justice. | ||
|
unidentified
|
Mr. Chairman. | |
| Mr. Chairman. | ||
| Gentlemen, ranking members recognize. | ||
| It's a little absurd because Mr. Bragg and Mr. Colangelo have already agreed to appear | ||
| before the committee on July. | ||
| We have a letter to that effect, so there's no point requiring them to do what they've already said they're going to do. | ||
| The committee asked them to appear. | ||
| They asked them to appear today. | ||
| They made the point that they didn't, or Mr. Bragg, I should say, made the point that he didn't think he should appear before the sentencing on July 11th, but he'd be available thereafter. | ||
| And he's agreed to come on July 12th. | ||
| Mr. Chairman, this debate's out of order. | ||
|
unidentified
|
You made a motion. | |
| It's not out of order. | ||
| No, you have to seek recognition pursuant to the debate on the motion. | ||
| You can't just inject recognition. | ||
| I'm still on my time. | ||
| I'm still controlling two additional minutes of time. | ||
| You'll get your time back. | ||
|
unidentified
|
I have a letter here. | |
| My point is simple. | ||
| The committee requested them to appear, Mr. Bragg and Mr. Colangelo. | ||
| They've agreed to appear. | ||
| They plan to appear on July 12th. | ||
| I don't know what this debate is about. | ||
| I yield back. | ||
| I'd like unanimous consent, Mr. Chairman. | ||
| Ask unanimous consent to introduce into the record a report from Fox News headlined... Object pending consideration of my... I want to deal with Mr. Gates' motion, then we'll take your unanimous consent. | ||
| Mr. Bragg and Mr. Colangelo have agreed to come on the 12th. | ||
| If they don't show up on the 12th, they will be subpoenaed. | ||
| So I would ask the gentleman if he could If he could withdraw the motion, they're coming. | ||
| We worked hard over the weekend to make sure they're coming. | ||
| And if they change their mind, they will get a subpoena from the committee requiring them, compelling them to be here. | ||
| And then if they choose to go to court on that, I think we'll beat them in court like we did the first time when we got Mr. Pomerantz to come testify in front of the, to be deposed in front of the committee. | ||
| But Mr. Chairman, time then becomes determinative. | ||
| The problem is, if we're going to bring these people in, let's go- I've made a motion to subpoena these people now, pursuant to the rules, and I want to vote on my motion, or I want someone to move to table it. | ||
| You made the motion to subpoena them for the 12th? | ||
| I made- I moved under Committee Rule 4, Clause 2M of House Rule 11, to require the attendance- I moved to table. | ||
|
unidentified
|
I moved to table the- That's fine. | |
| I second that. | ||
| It's not debatable. | ||
| those in favor of... | ||
|
unidentified
|
Motion is on the table. | |
| This is crazy. | ||
| This is the primal scream of a dying regime. | ||
|
unidentified
|
Bye. | |
| Pray for our enemies. | ||
|
unidentified
|
Because we're going medieval on these people. | |
| President Trump got a free shot at 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. Babb. | |
| Thursday, 13 June, Year of Our Lord 2024, right there, and this is a good civics lesson for | ||
| everyone. | ||
| There's a difference from going through the motions and being performative and there's and and trying to actually have a sense of urgency And get something done. | ||
| We're going to try, if I can ask Denver if there's any more of that we can pull that's fresh. | ||
| I want to make sure that we play it during the rest of the show. | ||
| This is a committee, a judiciary, and they are looking at the situation in New York, this sham trial, this Moscow show trial, where President Trump is going to be sentenced in all likelihood to prison on July 11th. | ||
| And Mershon is gonna, you know, give him some home confinement or gonna do something at Bedminster or at Trump Tower and say he can go certain places but he's got to come back to Judge Mershon as a supplicant so they can take him off the campaign trail. | ||
| And if you think the advertising, and they've been very hesitant, they've asked a convicted felon, wait till he's a convicted felon with some prison time. | ||
| And what Gates and others are saying is that, no, we don't want to, these guys rope-a-dope us all the time. | ||
| And particularly, he goes back to the Hunter Biden, he brings up the, you know, unfortunate reality that Hunter Biden, who's now been found guilty on a misdirection play of these gun charges, in under three hours, for three felonies that have nothing to do with the treason they have and the selling out of our country, And Weiss, David Weiss and these attorneys, DOJ special counsels know that. | ||
| And Gates brings up the blemish that for all the back and forth with Abby Lowell and all, you know, Hunter Biden showing up and sitting in the courtroom and all the drama outside and all going to the microphones, he never testified under oath or in any way in front of the House. | ||
| And here you've got Bragg and Colangelo who say, yeah, we'll come up. | ||
| We'll be up there. | ||
| Let's see, when does Trump get sentenced? | ||
| Oh, the 11th. | ||
| Yeah, we'll come up. | ||
| What's the next day? | ||
| The 12th? | ||
| The 12th or follow the 11th? | ||
| Yeah, we'll catch a train down. | ||
| We'll take the Acela and we'll be down, you know, the 12th. | ||
| And, you know, we'll have a chat. | ||
| Of course, the witness, the female voice you heard, I think was the witness saying, is engaged. | ||
| Is that going to happen, ma'am? | ||
| No, never happened. | ||
| And so what Gates is saying is, let's send a subpoena out. | ||
| How about this? | ||
| Let's send a subpoena out today that compels them to come in tomorrow and testify. | ||
| And then let's go fight it. | ||
| Because they're going to try to rope-a-dope that. | ||
| Because you have to get to the bottom of this thing. | ||
| You have to, you have to judiciary. | ||
| This is the weaponization of government. | ||
| This is the weaponization of DOJ. | ||
| These people are totally lawless. | ||
| You don't think they're lawless? | ||
| Philip Patrick of Birch Gold is going to join me in just a moment. | ||
| You know what they did today? | ||
| What have we been warning you about for the longest time? | ||
| What we've been warning you about is the seizing, not the freezing, the seizing of the Russian people's assets so that you can take that money and borrow against it and give it to Zelensky's crowd so they can skim it off the top. | ||
| In a Financial Times report today, his head of construction quits. | ||
| Because he's getting blamed for none of the money that was supposed to go to Kharkiv to build kind of the Maginot line up there. | ||
| None of it got built and people are looking around and going, hey, where'd that money go? | ||
| The lawless nature of the Biden regime permeates the whole thing. | ||
| It's on everything they do. | ||
| And the reason they do this is that controlled opposition just sits there and goes, what's the minimum we have to do? | ||
| How do we have to perform on this? | ||
| They're coming after President Trump is real. | ||
| This is how real it is. | ||
| Wait till the Fisher decision. | ||
| Didn't happen today. | ||
| Julie Kelly was in town. | ||
| Did not happen. | ||
| The decision on Fisher, which I say, hey, if they go and do what I think the law says, the Supreme Court backs up what the law says, and this is the reason they're on the Supreme Court, because this Fisher case, I believe, is almost as big as the immunity case. | ||
| Because it will show you the deep lawlessness Lawlessness of the Department of Justice coming after American citizens. | ||
| What is it? | ||
| Fourteen hundred American citizens rolled up on on on the J six feds erection fourteen hundred and and I think three to four hundred felonies with multiple years in federal prisons off Of this kind of the Enron decision that Weisman, since Weisman got overruled, they had this thing about, you know, stopping a government proceeding. | ||
| They took that and put these people in multiple year, in felonies of multiple years. | ||
| And it's one of the key things that they had with President Trump and Jack Smith. | ||
| They're lawless. | ||
| And how do you deal with the lawless? | ||
| I mean, this was a start today. | ||
| They had some professors up there and they had some experts up there and some lawyers up there were going to testify about their lawlessness and what they did in New York. | ||
| And how extraordinary this is. | ||
| And yes, that's fine. | ||
| You have to do that. | ||
| Maybe you have to do that to kind of set the framework. | ||
| But Matt Gaetz is saying the hour is late and we must be urgent. | ||
| And these guys are going to rope-a-dope us and they shouldn't come in anyway after President Trump is sentenced. | ||
| We want to come on this side because after he's sentenced, then all of a sudden you've got that to deal with. | ||
| Gaetz is 100% correct. | ||
| Gaetz is a fighter. | ||
| The president went to Capitol Hill today and look, and I understand there are people in this audience and maybe even myself. | ||
| That is not loving that you're fist bumping Mitch McConnell, and you're telling, you know, Glenn Youngkin's a great VP, and, you know, I'm going to endorse Hogan, and you're rubbing up on some guys in the house. | ||
| Hey, it's everybody, you know, we have to embrace an unfortunate reality. | ||
| We need everybody in the boat, and we need those boats heading to the beach. | ||
| You gotta get off the, you gotta get off the land, you gotta get off the amphibs, you gotta take the netting, you gotta climb into the landing crafts, and you gotta, you gotta head forward. | ||
| You got to get to the beach and we got to converge on the beach. | ||
| And some of those people are going to be in the landing craft with you and the landing craft next to you, you're not going to be their best friends. | ||
| You're not excited about that. | ||
| But the reality is, and particularly with what they're trying to do with President Trump, so just bear with him while we get everybody, we get everybody in the boat and hey, we're going to have to fight afterwards as, you know, colleagues and victors. | ||
| Like Victors and times went by kind of fought over let's kill it and then we'll fight over the carcass. | ||
| Let's kill it. | ||
| Let's destroy the Biden regime. | ||
| We've tried to kill it in the crib. | ||
| We didn't do too bad a job. | ||
| Now President Trump's return greater than ever. | ||
| But today, you see what Matt Gaetz is best at. | ||
| Using that brain to force the issue. | ||
| He's a human forcing function. | ||
| Short break. | ||
|
unidentified
|
Here's your host, Stephen K. Bamm. | |
| You know, you're criticized all the time for being the, uh, for being the ones, the agents | ||
| of chaos. | ||
| Nothing could be farther from the truth. | ||
| You're a, you're a foundational element of stability. | ||
| This audience, um, the lawless nature of this globalist regime is pretty breathtaking, but it's a great lesson there. | ||
| And that the only thing they understand is smash mouth. | ||
| If you're going to sit there, And play by the rules that they set up, you're going to get rolled. | ||
| This is why the country did not get in this position just because of radical Democrats and Marx's globalist. | ||
| It also had a controlled opposition Republican Party that was pure performative. | ||
| This is the Murdoch's and they all got wealthy in the process. | ||
| This is what the Mitt Romney's and the Liz Cheney's and the families that ran this thing, right? | ||
| The Bush's, the Romney's, the Cheney's. | ||
| Come on, man. | ||
| They don't want to, they don't want to confront any of this. | ||
| And what is this leading us to is further and further chaos. | ||
| That's why a guy like Gates stands up and boom, drops it right there. | ||
| No, no, we need to do this today. | ||
| We need to subpoena them today. | ||
| We need to get them down here today. | ||
| Not on the day after that. | ||
| Not the day after. | ||
| Who would agree to that? | ||
| Not the day after they sentence President Trump. | ||
| They'll be sitting there, big, wide, Chester cat smiles. | ||
| Jerry Nadler will be sitting over there, scratching his belly, laughing. | ||
| You don't do it then. | ||
| What are you going to do? | ||
| Something that's already taking place? | ||
| You do it now. | ||
| That's what Gates is saying. | ||
| The urgency of the moment, the unforgiving minute, you must do it now, now, now. | ||
| Remember that scene from Lincoln, when President Lincoln is saying, don't, you know, now, now, now, your country's at stake. | ||
| And this is how lawless they are. | ||
| We've warned you about this. | ||
| Philip Patrick now joins me from Birchgold. | ||
| What they've done, and they're sitting there saying, Uh, you know, we're the masters of the universe. | ||
| We're stability. | ||
| Trump's a fascist. | ||
| His followers are brown shirts. | ||
| They're chaos, anarchy. | ||
| And it's the exact opposite, and we're going to give you a specific example today. | ||
| There's all this, and Philip Patrick's here for two things. | ||
| Number one, there's all this discussion that the Saudis are finally walking away from the petrodollar deal. | ||
| And the reason they're walking through the petrodollar deal is what we've explained to you in what we talk about macroeconomics for the last three years. | ||
| It's the drop in the purchasing power of the dollar. | ||
| They're getting paid in fiat currency that's less and less and less. | ||
| And so hey, guess what? | ||
| They want off that and they'll take a risk on some basket of currencies, maybe backed | ||
| by gold or something else, but they're going to try different alternatives. | ||
| They're not going to be locked into that because of the sociopathic overlords that run the | ||
| imperial capital. | ||
| They continue to have this fiscal madness with $2 trillion deficits that's financed | ||
| by a central bank in the greatest con in human history. | ||
| And finally, the Arabs are sitting there going, yeah, we only got so much of this oil, so | ||
| we got to be smart about it. | ||
| We can't take, we can't take this paper that you give us that then because of your madness | ||
| goes down. | ||
| I keep telling you, they all have young men. | ||
| Men and women that went to Sloan at MIT, that went to Harvard, that went to University of Chicago, that went to Stanford, they have an HP-12C, the kind of, the tool of the proletariat investment banker class to run discounted cash flow, and guess what? | ||
| Wait for this, it doesn't work for them. | ||
| But, as bad as that is, and Philip Patrick's going to join me, as bad as that is, they got one better. | ||
| Since MAGA stopped them from spending us into oblivion and giving Zelensky unlimited billions of dollars because we're already up to 200 and the Europeans don't want to put any more in. | ||
| And having told your people, yeah, we've got to cut your vacation, cut your health care, make your pensions, you're going to have to work to your 70 like in the United States, not 50 like in Europe. | ||
| To do that, we've got an idea. | ||
| We're going to actually just steal their money. | ||
| Steal their money. | ||
| The whole Bretton Woods is predicated upon a system you may be able to hold it for a while and freeze it for a while if they've done bad things, but you just can't just go take it because then everybody's going to sit there and go, well, hey, hang on. | ||
| What about if I do something that, you know, they want to use my money for other things. | ||
| They just take my money because I've got it all sitting there in U.S. | ||
| dollars and all these banks. | ||
| Philip Patrick, the G7 a day, and Biden's wandering around. | ||
| Like, in Georgia Maloney, every couple of minutes, pulling him back and getting, he's wandering around like a goofball with dementia. | ||
| She's got to put him back in line to get the photo. | ||
| They agreed today to seize, and we've warned you about this for now, over a year in the show, because they said this is going to start to accelerate the end of the dollar empire. | ||
| Us as a prime reserve currency. | ||
| They stole, agreed, these thieves, The guys that got you into Ukraine and have 500,000 dead Ukrainians, and Ukraine looks like Kharkiv, and these places look like Dresden in 1945. | ||
| That crowd, the crowd that waltzed the Ukrainian people down the Primrose Path to their destruction, now have come up, since solid citizens back home have said, not one more penny, what they've done, Philip Patrick, is steal $50 billion from the Russian people and say, we're going to give it to Zelensky. | ||
| Walk me through what's happening. | ||
| The Saudis have seen that and said, hey, count me out, Brother Philippe, for your assessment. | ||
| The Saudis and the rest. | ||
| And so just, I guess, a quick overview. | ||
| So G7 leaders agreed today to send $50 billion of aid to Ukraine by the end of the year. | ||
| And it's going to be financed by, guess who? | ||
| Russia. | ||
| But of course, the G7 are not calling this a theft, right? | ||
| Instead, they're using the profits generated by about $300 billion of sovereign Russian assets that they froze last February. Now, | ||
| Biden wanted to go further, right? | ||
| He proposed just seizing the assets outright, but I thought very tellingly other European leaders | ||
| were hesitant over the legal and financial concerns. But so what they're doing now is | ||
| they're using an accounting fig leaf, right? | ||
| And they're basically saying, look, they're not stealing Russia's funds. | ||
| They're just repurposing the interest that the funds are generating. | ||
| But let's not mince our words here. | ||
| This is a default. | ||
| This is a broken contract. | ||
| And it is a very targeted one, to be sure. | ||
| Now, it does send a message to the world But it's just not the message Joe Biden thinks he's sending. | ||
| What it's telling people is what you said a moment ago, that what you think are your assets can become liabilities overnight. | ||
| And to do that, to disincentivize the world from holding dollars at a time when we're already doing it through significant dollar devaluation is just an absurdity. | ||
| And we've been talking about this for years and they are going down the path to destruction. | ||
| It's absurd, Steve. | ||
| Okay, just a couple of notes on that. | ||
| Number one, the reason they even look at the Russians, the Europeans can't go back. | ||
| Their whole deal, their last $50 billion deal was $12 billion down front, another $12 billion, and then they'll think about it at the other $12 billion. | ||
| It's a $12 billion deal with maybe another $12 billion. | ||
| So their first $50 billion was a lie. | ||
| Bald-faced lies, hit optionality in the out years. | ||
| Their people are not prepared to put in another nickel. | ||
| Because now they're going to have to, they've got so much deficit spending over there that | ||
| they've got problems, can't do it. | ||
| The Europeans are not good guys here. | ||
| Correct me if I'm wrong, Philip Patrick. | ||
| The only reason they said, hey look, we just can't steal them outright. | ||
| We got to we got to we got to carve off the interest that we're going to the Russian people and take a loan out against it and give the give the cash to Zelensky is because is because they've got plenty of money sitting around where Putin can start grabbing also and say, hey, you want to play smash mouth? | ||
| You know, I'm from the KGB, we don't have any rules anyway. | ||
| Is that essentially correct? | ||
| The reason they're tap dancing around... And Biden, as screwy as he is, and Janet Yellen, that goofball over there, they're all saying, no, let's go take all 300 billion today. | ||
| They're so obsessed with taking down Russian people that they say, let's take down all 300 billion today. | ||
| Philip Patrick. | ||
| Yeah, it's absolutely true, but they're just not looking at the big picture. | ||
| This is very short-term thinking. | ||
| You're absolutely right. | ||
| The Europeans are not the good guys here, but they're still dependent on Russia, and they're concerned about retaliation. | ||
| The US is a little more removed economically than the Europeans. | ||
| You know, we've been talking about this for a long time. | ||
| It's the timing of these decisions. | ||
| The dollar supremacy is so important. | ||
| It has been. | ||
| The petrodollar has been the basis of U.S. | ||
| dollar strength since the end of Bretton Woods in the 1970s, and it is under threat. | ||
| There was an article. | ||
| I mentioned it to you earlier. | ||
| It was from a Bloomberg reporter called Salina Moshin wrote a book called Paper Soldiers, how the weaponization of the U.S. | ||
| dollar has changed the world order. | ||
| She said, and this is a direct quote, Saturday, February 26, 2022 may one day be seen as the precise moment, and wait for it, The end of the dollar empire begun. | ||
| This is a Bloomberg reporter, but this is now mainstream news. | ||
| And at the end of the day, it's a big deal, right? | ||
| When the Biden regime led NATO to financially canceling half a trillion dollars worth of Russia's assets. | ||
| Sanctions on a national level like this people have to understand this is the economic version of the nuclear option financial carpet bombing indiscriminate punch punishing good and bad alike but essentially a message went out to the to the world that the dollar is no longer there for the greater good but for those who align with America right now. | ||
| As we've seen with Russia, and this is the concerning part, it's not even being used properly, right? | ||
| A dollar ban is no longer the death sentence it once was. | ||
| Look at Iran in 1979. | ||
| We sanctioned them. | ||
| We set their economy back 50 years, right? | ||
| But that was a long time ago, and the world has changed. | ||
| The Brits today, they're smart. | ||
| And they've set themselves up. | ||
| They're almost sanction proof. | ||
| Their economic power today comes from making things the world wants. | ||
| Energy, pharmaceuticals, rare earth elements. | ||
| Look at Russia, right? | ||
| We've seen from the example, sanctioning the entire nation has done more harm to the global financial system than it did to the target nation. | ||
| Russia's economy today is stronger. | ||
| So not only is it being misused, but it's backfiring. | ||
| Hang on for one second. | ||
| If you want to get to know Philip Patrick and become a client, go to birchgold.com slash Bannon. | ||
| We've got the end of the dollar empire, all five installments totally free, but you get access to the team at Birchgold. | ||
| Do it today. | ||
|
unidentified
|
Birchgold.com slash Bannon. | |
| Philip Packard is going to join us after a short commercial break. | ||
| We realized we were just inches away from victory and that's when we decided to give up. | ||
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| You're going to hear how we're going to win in 2024. | ||
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| Phillip Patrick, before I lose you, and I want to make sure everybody takes advantage of the fact of you and your team over at Birch Gold can handle people's questions, and we talk about the macro, you give them the micro of all the instruments, the tax deferred instruments you have. | ||
| and everything about actually getting involved in using gold as a hedge against your people's | ||
| financial present and their future. | ||
| Just go back to the petrodollar because this is popping up. | ||
| Everybody in Wall Street is talking about it. | ||
| Everybody in the currency market is talking about it. | ||
| The Saudis have, and we're trying to sign a huge long-term defense deal with them, but | ||
| they're saying, hey, that's one thing, but you guys are killing us. | ||
| We can't take a 20% drop in the purchasing power of the dollar and still stick to the agreements we had with Petrodollars. | ||
| Just give us a couple of minutes and get our audience smart about what's going on. | ||
| Look, I mean, to understand the current climate, you got to go back a little bit, right? | ||
| Nixon took us off the gold standard in 72. | ||
| The rest of the world became very concerned, right? | ||
| You know, up until then, dollars were redeemable or exchangeable for gold. | ||
| And without gold, essentially, the dollar had no intrinsic value, which put the dollars Position is global reserve currency under threat nixon identified this he sent kissinger to negotiate with the saudis and they came up with the idea of the petrodollar and the idea was very simple we secured a deal in exchange for advanced military equipment and training along with security guarantees | ||
| Saudi Arabia would only ever sell oil in US dollars. | ||
| Now, since virtually everyone in the world imported oil from OPEC, | ||
| everyone in the world now needed dollars, and essentially it restored | ||
| the global demand for the dollar, and of course the petrodollar was born. | ||
| And it has been the cornerstone of dollar supremacy since the end of Bretton Woods. | ||
| That position is now under threat for a number of reasons. | ||
| One we mentioned, the big one, dollar devaluation, right? | ||
| These people around the world, nations are holding dollars, losing 20% value is simply unsustainable as a long-term plan. | ||
| On top of that, diplomatic relationships between the U.S., relations I should say between the U.S. | ||
| and Saudi Arabia, haven't really been that good since September 11th, right? | ||
| And since the U.S. | ||
| has become Almost completely energy independent. | ||
| We add to that the bungled withdrawal from Afghanistan, the dumpster fire of Iraq. | ||
| Saudi Arabia, I don't think, is feeling quite as secure, depending on U.S. | ||
| military might. | ||
| And they are shopping now for potentially a better deal. | ||
| The U.S. | ||
| are negotiating, trying to firm up that position, but China have their own interests as well. | ||
| So things are up in the air at the moment. | ||
| The U.S. | ||
| dollar's position is certainly a threat. | ||
| And people have to understand how big that is for our long term prospects. | ||
| This is a disaster. | ||
| And I've said before, it highlights the decisions that are being made by this administration and the spending that's going on. | ||
| It's absurd in light of what's happening on the global level. | ||
| I'm wondering, the Saudis have and the Iranians, the Persians, have long-term output deals | ||
| with China. | ||
| And the rumor has it that these are not dollar-based. | ||
| They're actually exchangeable. | ||
| They're prepared to take the currency risk at least somewhat of at least, you know, the | ||
| Saudis and the Persians are prepared to take some currency exposure with the yuan or RMB | ||
| in order to, because they sit in the ground, is not offering me a better deal, and we're getting massive long-term contracts from the CCP. | ||
| Do you think that ties into this move off the petrodollar? | ||
| Yeah, exactly. | ||
| It absolutely does. | ||
| Look, the Saudis, as early as 2018, have sort of announced a willingness to sell oil in Yuan. | ||
| And it does make sense. | ||
| At the end of the day, China are now Saudi Arabia's number one customer. | ||
| India number two and she announced in twenty twenty three china would be buying oil and gas with you on not dollars period so we now have this unofficial petro dollar monopoly is in trouble and like you said it's starting to make sense right they've got big long term contract signed with the chinese The Chinese are heavily dependent on Saudi oil. | ||
| And of course, the U.S. | ||
| dollar and U.S. | ||
| security, neither as attractive as they were in, you know, back in the 1970s. | ||
| So the argument is becoming more and more and more compelling for the Saudis to sell oil outside of the dollar, regardless of the currency risks. | ||
| You know, you got Roger Wicker in, I think he's Mississippi. | ||
| He's saying, and we're talking about this budget and you see the budget they got, the budget they're talking about, and they're not going to get done by September 3rd because they don't want to shut down the government. | ||
| So you're going to get the can kicked down the road and they'll try to use President Trump and say, hey, we got to clear the decks. | ||
| And so we want an omnibus. | ||
| This is all coming. | ||
| Wicker's talking about a $55 billion increase on a defense budget that's just under a trillion dollars, which would have us at 5% of GDP. | ||
| When you look at what happened today with the Russian assets, when you look at every indication, is that nobody Nobody, except for the MAGA right, has any interest in actually getting control of the budget deficits. | ||
| You know, Yellen was saying, oh, well, you know, I think we're in a good place with the budget deficits as a percentage, and debt as a percentage, when it's at 7 to 8 percent, if we can keep the interest rates where they are, which is not going to happen. | ||
| Do you see any leaders in the West acting at all rationally with either fiscal policy or monetary policy that's not going to drive us off a cliff, sir? | ||
| You know, I feel like the agent of doom. | ||
| I don't see too much. | ||
| Good news on the horizon I'm not seeing anyone making smart decisions outside of the bricks at the moment the west is | ||
| in decline and you know they've been saying that the russians the iranians for a long time are the west is in decline and | ||
| i always took it with a pinch of salt but the more time goes on the more i look at our politics domestically how | ||
| absurd how incumbent we are with unimportant issues it's starting to ring true | ||
| So I'm getting more and more and more concerned as time is going on for our prospects as the West. | ||
| We're seeing a split globally, and as we've been saying for a while, we are being outsmarted. | ||
| So we need a dramatic change in direction. | ||
| This election in 2024 is the only thing that will do it. | ||
| Without a different result, without a different administration, I think the game is up for us in the West. | ||
| Philip Patrick, where do people go to get you on social media? | ||
| But more importantly, at Birchgold, we want to make sure everybody's got access to you and your team. | ||
| It's really simple. | ||
| So, Birchgold.com forward slash Bannon. | ||
| Again, Birchgold.com forward slash Bannon. | ||
| That's going to give people access to the end of the dollar empire reports. | ||
| Five really good reports give you some very good history on how we got to where we are today. | ||
| So, Birchgold.com forward slash Bannon. | ||
| Again, a good guide on investing, how to invest in precious metals. | ||
| they'll have access to a lot of brokers like myself here to guide people through and you can reach me directly on getter at philip patrick on getter again at philip patrick on getter Thank you, Philip. | ||
| Honored to have you on here. | ||
| Thank you. | ||
| It's my honor. | ||
| Thank you, Steve. | ||
| You know, Mollie Jong Fass today on the, or last night on MSNBC says, you know, these guys don't stand for anything. | ||
| They're just, all they care about is Trump as an autocrat and all they care about is the end of democracy. | ||
| It goes back to where the world's going monetarily. | ||
| You know, the three things. | ||
| Number one, you have to stop the fiscal and the monetary madness. | ||
| And it's going to take adults. | ||
| That ain't going to be easy. | ||
| Particularly seeing corporate America come back to Trump and what they're talking about, big tax cut. | ||
| Remember it. | ||
| Let's get everybody in the boat. | ||
| Let's get everybody in the boat and the landing craft. | ||
| Let's start heading to the beach. | ||
| But you got to stop the fiscal and the monetary madness, right? | ||
| You can't have eight per seven. | ||
| You can't have an economy that's running at seven or 8% deficits of GDP. | ||
| Janet Yellen is just stone cold wrong. | ||
| And the numbers have proven her wrong. | ||
| You have to, you have to stop. | ||
| the invasion on the southern border. You have to seal the border and then you have to start the | ||
| mass deportations. And oh by the way they're going to sit there, well Steve you can't stop | ||
| the physical madness in the madness because now the illegal alien invasions you know it's they're | ||
| helping us because they've lowered wages against American citizens but they're also every penny | ||
| they get they spend you know on processed food and you know apartments you know. | ||
| It's kept up the real estate market. | ||
| It's kept up the rental market. | ||
| It's kept up everything. | ||
| You can't do that. | ||
| We're at 1.6% growth, but we'd be in a recession if you didn't have the illegal alien invasion. | ||
| That's the argument they're making. | ||
| And, oh, number three, we have to stop the forever wars, where they're saying, well, you can't stop the forever wars because look at the jobs. | ||
| We have a trillion dollar defense budget, and Wicker once ago, they had 55 billion, and we're building armaments down in Alabama and Mississippi and all over the place, particularly our beloved South, and these are high paying, great jobs. | ||
| This is the insanity of where we are. | ||
| This is why it's not a sustainable system. | ||
| It's not sustainable because it's all predicated upon one thing, cranking out, having given everybody, having a trough that they all can come to. | ||
| And how do they do it? | ||
| They have a fiat currency called a U.S. | ||
| dollar that now is detached from reality overall. | ||
| So much so that our longest partners in this since we came off the gold standard, the Saudis, who we're doing a defense deal with, supposed to be a 25-year defense deal, are sitting there going, you know, I don't know if this is working for me. | ||
| Because your fiat currency continues to decrease in purchasing power because of your madness. | ||
| And now the United States of America has done something we didn't do to the Germans, we didn't do to the Nazis, we didn't do to the Bolsheviks, we didn't do to the Soviet Union, we didn't do to a Pearl Japan that attacked us, right? | ||
| At Pearl Harbor. | ||
| We're gonna start seizing their monetary assets and we're gonna give them to their biggest enemies to conduct a war on them on their border. | ||
|
unidentified
|
What? | |
| You know it's wrong when you see who supports it. | ||
| All the, all the criminals in the Biden regime plus Lindsey Graham skipping around. | ||
| He's skipping around there. | ||
| We're taking it to the Russians. | ||
|
unidentified
|
We're taking it to the Russians. | |
| The American people are not at war with the Russian people. | ||
| Full stop. | ||
| The American people are not at war with the Russian people and we're not at war with Lao Bai Jing, the Chinese people. | ||
| They happen to be our allies, not their governments, not their leaders. | ||
| Those people were the allies of G.I. | ||
| Joe. | ||
| And the reason we didn't have 3 million casualties of G.I. | ||
| Joe's was because they took the brunt of those casualties. | ||
| And now we go out of our way to screw them. | ||
| That is because the same uniparty globalist elites and people that run the city of London and run Wall Street are making more money than they've ever made. | ||
| And this is why the system cannot go on as it is. | ||
| If it goes on as it is, this will be a totalitarian dictatorship. | ||
| And what Matt Gaetz did at the top of this show is one lone voice Trying to push back on and lance the boil. | ||
| Short break. | ||
|
unidentified
|
The problem is not the party itself. | |
| It's the voters who are subscribing to the party. | ||
| 74 million of them last time around. | ||
| This time, Trump ahead in the polls, not by a lot. | ||
| So the real question and the thing that is the most troubling, and I know a lot of these Trump voters, is the party speaks for itself. | ||
| They're transparent. | ||
| We see it. | ||
| Other than Liz Cheney and Mitt Romney, I don't think there's, and now you saw Paul Ryan, I don't think there's a Republican that has spoken outside of and again or against the fearless leader. | ||
| So what is it about, at this point, half the country that says, that's my party, I'll vote for that, that works for me. | ||
| That's the troubling part, is beyond the party is the voters that are subscribing to it. | ||
| That keeps me up at night. | ||
| It should keep you up at night. | ||
| I hope it keeps you up every night, all night. | ||
| It's much more than 74 million bro. | ||
| It's two thirds of the nation. | ||
| And as we get this information out there and people like Amber Rose, what does she tell them? | ||
| She looked back in the camera teams is he when they're hectoring her and she says, Hey, We're tired of the propaganda. | ||
| We're now doing our own research. | ||
| The most powerful line in this entire campaign said by, I don't know, a rapper, DJ, a celebrity. | ||
| She turns the camera, being Hector, and she says, We're doing our own research and we're not buying your propaganda anymore. | ||
| So Donny Deutch, you and your party and your criminality and what you people have done to this nation and what you intend to do to this nation going forward is obscene. | ||
| And yes, there's not 74 million. | ||
| There's an army of the awakened. | ||
| There's two-thirds of this nation. | ||
| And with these low information and low propensity voters, That's not a hit on anybody. | ||
| They just haven't had access to do their own research, but they're starting to and they've been low propensity, but there ain't going to be low propensity for long because they understand this is how they take their country back. | ||
| How about this? | ||
| How about this? | ||
| Just on America first. | ||
| All the American people want They're the most selfless people in nation in the history of this earth and done more, freed more people, created more value across the globe than any nation in history. | ||
| To ten orders of magnitude. | ||
| All they want is a piece of the action. | ||
| And all they want is, we put America first, but you also put American citizens first. | ||
| We're through with the American citizen being dead last because that's the system that exists today. | ||
| That's the system of Donny Deutch. | ||
| That's the system of Morning Mika. | ||
| That's the system of the people over there right now stealing the Russian people's assets to fund an illegal, illegitimate war. | ||
| We're not at war with the Russian people. | ||
| And I haven't seen anybody force Biden on the War Powers Act to come and make the case for what's going on. | ||
| But he's out there right now negotiating a 10-year training arms deal Right? | ||
| To de-Trumpify President Trump's second term. | ||
| And people have got to get on the ramparts in this. | ||
|
unidentified
|
Now. | |
| Or you're going to have a situation where we win, we stop the steal, we go to Inauguration Day, and guess what? | ||
| It's all jammed up and all the big things we want to do. | ||
| From ending the forever wars, to sealing the border and deporting 10-15 million illegal alien invaders, and to stop the fiscal and monetary insanity Insanity. | ||
| These are not even close calls. | ||
| Mike Lindell. | ||
| No, Mike Lindell came to me today. | ||
| No, Mike, we want people, okay, we have an offer. | ||
| This offer's kind of brilliant. | ||
| It's because you're a marketing genius. | ||
| I'm not. | ||
| You've come to the thing, and Mike Lindell's been in all these movies before he became Mr. Election Integrity, right? | ||
| He had this moment in time where he says, hey, the election got stolen, and then he led this effort to make sure to get, you know, to take care of the machines, to take care of the ballots, and you know, boom, he dedicated his life to it. | ||
| Before that, he was an aspiring actor. | ||
| Okay. | ||
| And we have a slew of these interesting movies. | ||
| Mike Lindell wants to say, no, let's play a bunch of clips and say, hey, let's do this. | ||
| Why don't we have them? | ||
| Let's go get the movies and see them themselves. | ||
| We play the clips. | ||
| Maybe somebody says, this guy's not Shakespeare. | ||
| This guy's not a thespian, right? | ||
| Mike Lindell, tell me what the offer is. | ||
| People love it. | ||
| They were blowing my phone up all day with the fact that... No, because the question was, is this Mike Lindell in documentaries or is this Mike Lindell actually movies? | ||
| And I said, I think some of it are actual films. | ||
| Mike Lindell. | ||
| Yeah, these were in theaters. | ||
| A couple of them were in theaters. | ||
| I want to tell them real quick, the one that Church People was the first movie I was ever in. | ||
| I was friends with Stephen Baldwin and we put this movie together and And I had a cameo in it, and I tripped in my opening scene, and there was 300 extras, and I'm yelling, cut, cut! | ||
| And the director goes, you can't yell cut! | ||
| And the guy goes, he paid for the movie. | ||
| Let him yell cut. | ||
| But you guys, these are awesome movies. | ||
| These are great movies, and I am in them. | ||
| I have cameos in some, some longer parts, and I'm giving them free to the War Room Posse. | ||
| They're available at my store and at my pillow, but at my store is where we first put them up. | ||
| This is a $75 value. | ||
| If you went out to Apple TV and had to buy them, you get them free with any purchase over at mystore.com. | ||
| Help out these entrepreneurs there. | ||
| I want people to really search around the MyStore site. | ||
| Thousands of USA made products. | ||
| You're gonna get all these movies free just for buying any one thing over at MyStore. | ||
| And also we're doing it for MyPillow too. | ||
| If you go to the MyPillow website, and you guys that have supported us there, So go over there, use your War Room promo code, get any of the specials. | ||
| A lot of these are War Room exclusive. | ||
| We've got the towels and the sheets. | ||
| The MyPillow 2.0 is the lowest price we've ever put this at. | ||
| Buy one, get one free, everybody. | ||
| You've got to check that out. | ||
| We've still got the 50% off the mattress toppers that we're keeping up for exclusive over there for the War Room Posse. | ||
| So call the number 800-873-1062. | ||
| Whether you're at my store or MyPillow, that number works for both. | ||
| That's the War Room Posse number, everybody. | ||
| And these guys work from home on the call center there. | ||
| They work off commission. | ||
| They love taking your phone calls, but get those movies. | ||
| You guys are going to really enjoy them. | ||
| I embarrassed myself in at least two of them, believe me. | ||
| Okay. | ||
| Mypillow.com promo code worm, mystore.com promo code worm and 800-873-1062. | ||
| Mike Lindell got the great deals plus the free movies. | ||
| Thank you so much for joining us, brother. | ||
| Look forward to seeing you tomorrow. | ||
| Mike Lindell. | ||
| Cut. | ||
| Hey, you're not the director. | ||
| I financed the film. | ||
| Okay, cut. | ||
| Oh, only Mike Lindell. | ||
| Next, up next, we're going to talk about the evil Flag Day, what's going to happen on the Flag Day special with Steve Stern. | ||
| We got Tina Peters is going to be up to talk to us about her case. | ||
| Dave Bradsky and Jeremy Moore on economics. | ||
| And Ben Harnwell is around to talk about some geopolitics. | ||
| Jace Medical. | ||
| Remember, it started with the Chinese Communist Party shutting down supply chains. | ||
| Now you can't get your medicines. | ||
| jacemedical.com slash ben and go check out what Dr. Shawn and the team has to protect you. | ||
| Go immerse yourself in information. | ||
| Do it today. |
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