June 19, 2024 - Bannon's War Room
48:53
Participants
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| Speaker | Time | Text |
|---|---|---|
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unidentified
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Crystal clear to Donald Trump, to all of his supporters, to Steve Bannon saying victory or death, that they know what reaction their words are going to have. | |
| They have no plausible deniability. | ||
| And that's why Jack Smith put that in there. | ||
| Donald Trump knows when he attacks the FBI, it is going to incite his followers to attack the FBI. | ||
| And it's all part of the authoritarian playbook because he wants to undermine accountability. | ||
| He wants to undermine checks and balances. | ||
| So he attacks the media. | ||
| He attacks our accountability institutions, the FBI, the DOJ, the intelligence community. | ||
| Anybody who could call him out and expose his wrongdoing is someone who is subject to | ||
| attack. | ||
| And the worst part about it, Chris, it's not just him. | ||
| You have 24 Attorneys General now. | ||
| That's so wild. | ||
| You have people with, you know, formerly with dignity and integrity who have stooped down to this level now that are undermining their own authority in many ways because those Attorneys General work with law enforcement. | ||
| He is undermining law enforcement. | ||
| So you said recently that you thought that you, as an outspoken critic, could be a target yourself. | ||
| Some people think that sounds overdramatic, but I'm right there with you. | ||
| I think that he is so vindictive that he will go after, however he has to, through the IRS maybe, or even through sponsors to get us off the air maybe, or you. | ||
| How seriously should we be taking that? | ||
| Well, so I was asked, am I worried about me? | ||
| And my answer was, I'm worried about all of us. | ||
| I'm no more worried about me than I am worried about everybody in the country. | ||
| I think it's bad to have somebody saying, give me as much power as you can in this country so I can use it to go after Other Americans. | ||
| So I can use it to go after these subhuman internal enemies and I'll destroy them. | ||
| That's just not a good system for anybody. | ||
| And I don't think anybody's safe if that's the sort of basis on which he wants to get more power. | ||
| Remember when Nixon had an enemies list? | ||
| That was a proud moment for a lot of people if they were on the enemies list. | ||
| Maybe we need to turn it around like that. | ||
| Well, I don't, I mean, I think that if he decides that he's going to go after you or me or anybody who's well-known, you know, we have resources, we'll likely be fine, but I think there's a pattern where he picks out individual people and effectively terrorizes them. | ||
| I mean, there's Stormy Daniels wearing a bulletproof vest to get into the courthouse. | ||
| It's ridiculous. | ||
| Once you have political violence, you have fascism following that. | ||
|
unidentified
|
I think it's always important for any political movement or side, Jennifer, to try and put the other side on its heels and to steal their language from them. | |
| The Democrats are doing a pretty good job so far of stealing the word freedom this year. | ||
| You hear Biden talk a lot about freedom, women's freedom to their reproductive destiny, first and foremost, but in a lot of other contexts, too. | ||
| I like that a lot. | ||
| I like taking their favorite word from them. | ||
| This is a concept, silent majority. | ||
| I like exhausted majority, too, by the way. | ||
| This is a concept that has been owned lock, stock, and barrel by Republicans for 40, 50 years. | ||
| Steal it. | ||
| Take it away. | ||
| Say it, say it, say it. | ||
| This so-called Project 2025. | ||
| It's an agenda the far-right conservatives are pushing for. | ||
| And it has some really concerning attacks on our institutions, like eliminating the Department of Education, replacing government employees with political appointees. | ||
| How realistic do you think these proposals are? | ||
| Because that part scares me. | ||
| All of that scares me way more than even Donald Trump. | ||
| And it's like 800 pages long. | ||
| Yeah. | ||
| So, here's the thing. | ||
| When Donald Trump won the election in 2016, fair and square, he said it was rigged. | ||
| He won the Republican primaries. | ||
| He said they were rigged. | ||
| He ran for re-election in 2020. | ||
| Before the election, he said it was rigged. | ||
| Then when he lost the election, he said it was rigged. | ||
| He does not like elections. | ||
| He does not like voting as a system by which we decide who's going to be the president. | ||
| When he was running for re-election in 2020, the Republican Party decided they were no longer going to have a platform. | ||
| They abolished their platform and said our new platform is whatever Donald Trump wants, we're for that. | ||
|
unidentified
|
That's right. | |
| So if you don't stand for anything other than what he wants, you don't vote, you just put him in power. | ||
| And once he's there, nobody is allowed to disagree with him or say anything that he doesn't believe. | ||
|
unidentified
|
And what is that called? | |
| That is what a lot of other countries all around the world have. | ||
| And it is not democracy. | ||
| And so he's trying to get rid of the American system of government. | ||
| And that means getting rid of a government that does anything other than serve him. | ||
| And that's what Project 2025 is all about. | ||
| And that exists everywhere in the world and it has never existed here before. | ||
| And so I really think the bottom line here is that Trump and his movement, they are not running against Democrats. | ||
| They're running against democracy. | ||
| They're running against the democratic process. | ||
| They want to radically change the kind of system that we have, the government that we have. | ||
| We're alive as American citizens in that time and we're going to be the ones who decide if the American system of government survives or if it's taken over instead by a strongman authoritarian form. | ||
| This is the primal scream of a dying regime. | ||
|
unidentified
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Pray for our enemies 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
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MAGA Media. | |
| I wish in my soul, I wish that any of these people had a conscience. | ||
|
unidentified
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Ask yourself, what is my task and what is my purpose? | |
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
|
War Room. Here's your host, Stephen K. Bamb. | |
| It's Wednesday, 19 June in the year of our Lord 2024. | ||
| Got Dave Brat riding shotgun. | ||
| John Solomon's gonna be in a minute. | ||
| I don't even know where to go with that cold open. | ||
| It's so great. | ||
| I think we hold... This is like a King James Bible. | ||
| This is like a Bible to vampires, right? | ||
| You just hold this up to those vampires. | ||
| Rachel Maddow, she's still crying. | ||
| She's still sad. | ||
| She's got this sad face. | ||
| She's over at The View. | ||
| Oh, maybe our sponsors? | ||
| Yes, I think your advertisers will flee. | ||
| I think, if they want to say anything to the American people, I think that's going to happen. | ||
| Just like you had people go around and take sponsors away from other people, take their advertisers away. | ||
| Never happened here, because our sponsors, we're locked in tight with our sponsors, but a lot of guys had, men and women, had it taken down. | ||
| You debanked me, deplatformed me. | ||
| Oh, this has never happened before? | ||
| No, this is, hey, you've got Trump up on 91 counts, 91 felonies, you got 34 phony felonies in New York City, and now you're crying? | ||
| Project 2025. | ||
| Okay, let's get this right, MSNBC. | ||
| This is 900 pages long, okay? | ||
| It's 900, let me, H69, let me go to the very end. | ||
| It's not 600. | ||
| It is 885 pages long. | ||
| That's the mandate for Leadership Project 2025. | ||
| We always keep it right here at the War Room. | ||
| Also, CRA's got one. | ||
| Everybody's got one, right? | ||
| They're all coming out with stuff. | ||
| And it's good. | ||
| It's good. | ||
| It shows people want to work for President Trump. | ||
| You get different ideas. | ||
| It's a cauldron of ideas coming out. | ||
| We're hitting the deck plates. | ||
| That's what they hate, that we're so prepared this time. | ||
| With all this, it's the end of democracy. | ||
| See how they pivot at the end? | ||
| Rachel Maddow's pitch is the end of democracy. | ||
| It's democracy's over. | ||
| Mike Allen and Axios, which is the inside baseball of the Washington consensus. | ||
| Rachel, working once a week is not working anymore for you being the railhead of the thinking of the progressive left. | ||
| You're gonna have to come back off the beach, come back off the big, you know, the barns and, you know, all the horses and everything you got up there. | ||
| You know, live in the country life. | ||
| I don't know, Connecticut or up in New York State somewhere. | ||
| You gotta come back, gotta go to work. | ||
| You didn't get the memo. | ||
| Mike Allen's got the memo. | ||
| The memo is the Biden regime is sitting there going, yeah, but you know, we're going to save democracy from this horrible Trump. | ||
| And every major Democratic pollster and every major Democratic consultant is sitting there going, are you guys nuts? | ||
| You're losing this thing. | ||
| You're losing it badly because of the, wait for it, lived experience of the American people and your policies and your radicalness and your incompetence. | ||
| And the plan that you've tried to implement, i.e. | ||
| an invasion of the southern border, to do a great replacement on Hispanic citizens and particularly African Americans. | ||
| They've had a great awakening. | ||
| They understand what's going on. | ||
| So you're out of touch with reality, Rachel. | ||
| Continue to hump the democracy deal. | ||
| That's fine. | ||
| Continue to... It doesn't resonate. | ||
| It doesn't resonate. | ||
| Because they see Trump. | ||
| They see Trump. | ||
| They see that we fought FISA. | ||
| You guys want it warrantless of FISA against American citizens. | ||
| We fought it. | ||
| We fight the American Gestapo, the FBI. | ||
| You know, we fight the Justice Department. | ||
| We're going to purge that and clean that out. | ||
| People understand that in this country. | ||
| They get what's going on. | ||
| They see. | ||
| You can't fool the American people. | ||
| They have tremendous common sense. | ||
| And on top of all that, yesterday, and we're going to get into today, E.J. | ||
| Antoni is going to join me. | ||
| Of course, the great Dave Bratz here. | ||
| We're going to talk about the lies that they've had on the debt because that's the bondage and the enslavement that Rachel Maddow and Joy Behar don't want to talk about. | ||
| Young people get that. | ||
| Black males get that. | ||
| Asian Americans get that. | ||
| Hispanic families get that. | ||
| The federal spending is to feather the nest of the credential class in the elites, and particularly their offshore foreign billionaires that underwrite this. | ||
| As you heard Cleo Demetrius say, 11 to 14 billion dollars has gone in over a decade or so into their election-stealing apparatus. | ||
| And the guy sitting there, we've got to take Wartomsky. | ||
| We've got to take, we have to take Frazer's back. | ||
| We have to take the phrase, I liked hitting them with democracy. | ||
| Well, you could hit, dude. | ||
| Read Mike Allen. | ||
| Get in the loop. | ||
| Get in the loop. | ||
| Keep doing democracy. | ||
| That'll be a 10-15 point win for us. | ||
| Senate, House, governorship, state legislature, school boards. | ||
| Come on, baby. | ||
| Is that what you got? | ||
| That's the best you got? | ||
| Is that? | ||
| That's what you're gonna do? | ||
| We have to take over words. | ||
| We have to take over silent majority. | ||
| What? | ||
| All you guys do is run your mouths. | ||
| You're the least silent people in the world. | ||
| All you do is whine. | ||
| You got these protests, you're whining. | ||
| You got another crazy thing with people with all color hair and they look like buffoons. | ||
| Crazy people run around. | ||
| All you do is screech. | ||
| You're gonna label that the silent majority? | ||
| First off, you're a minority. | ||
| You're a radical minority. | ||
| And you ain't silent. | ||
| It's the working class people in the world and that's what you hate. | ||
| You actually hate when working class people who have formerly been Democrats understand what Amber Rose says so eloquently. | ||
| We were fed a lot of propaganda and now we're doing our own, let me underline that, own research. | ||
| Because these folks are plenty smart. | ||
| And they do their own research, and they go, you know what? | ||
| We've been lied to. | ||
| And that's why their coalition's breaking apart, and it's so lovely to see it. | ||
| And of course, Rachel Maddow, she's continuing on her Rachel is sad. | ||
| Rachel's sad for the end of the American democracy. | ||
| Rachel's sad. | ||
| We made Rachel cry, and she cried again yesterday on The View. | ||
| Which is like, I guess, the syndicated version of... It's Morning Joe without the Bozo Joe. | ||
| It's Morning Mika. | ||
| Morning Mika for a, you know, late morning, I guess. | ||
| She's sad over there. | ||
| The fact that they miss what's happening is so great. | ||
| This is what gets back to what Charlie Spearing says. | ||
| The inside people that know the math said, wow, this coalition, it's historic. | ||
| What Harry Enten over CNN is saying, this is a historic moment. | ||
| This entire coalition that the Democrats have lied to and then misrepresented is collapsing before our eyes. | ||
| Collapsing before our eyes. | ||
| And what they're doing, they're saying, oh, you know, Joe Biden is going to be fierce. | ||
| He's going to defend democracy. | ||
| This is for the soul of the nation. | ||
| Mike Allen's piece over it, and if we get that up, Mike Allen, they particularly mock The soul of the nation part. | ||
| The consultants and advisors sit there and go, uh, that had like no impact whatsoever. | ||
| And they keep feeding Joe because he's a little enfeebled. | ||
| You know, they keep telling him, oh no, it's fantastic. | ||
| People think you're fighting for the soul of the nation. | ||
| You are the soul of the nation. | ||
| Hunter's the soul of the nation. | ||
| All of it's the soul of the nation. | ||
| You are, you know, divine American patriots. | ||
| And somehow, in his enfeebled sense, he believes that. | ||
| Now, you connect Mike Allen's story this morning, the lead in Axios, with Charlie Spearing's piece, you understand behind the scenes, the smarts money saying, we gotta do something here. | ||
| This is not only terrible, but they don't get it, and they're fighting. | ||
| And, of course, Rachel Maddow, and, you know, because she's phoning it in once a week from the big barn in Connecticut, right, riding on the horses and living the good country life of the bourgeoisie, right, up there as a public intellectual part of the intelligentsia, but she will every now and again go down market. | ||
| I love one of the views sitting there. | ||
| They could take our sponsors. | ||
| No, I actually think Your sponsors are going to rethink, and your advertisers are going to rethink after we blow out the doors in November. | ||
| But do we want to be associated with these people that are just beyond Trump haters, the just most vile people on earth? | ||
| Do we want our brands associated with vileness when the American people have spoken? | ||
| It's a new day, we got a lot happening here. | ||
| John Solomon's gonna talk, we're gonna talk about the feral dogs that, oh boy, they didn't like that when I said that it's at, uh, turning point. | ||
| They cut that clip. | ||
| They don't like the fact I call them a pack of feral dogs. | ||
| That they are, in fact, that's an insult to feral dogs. | ||
| Uh, also, uh, the Bob Goode, uh, McGuire. | ||
|
unidentified
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McGuire, a little, kind of a strange dude. | |
| We're gonna talk about all- Here's your host, Stephen K. Bass. | ||
| Man, the McCarthy Revenge Tour hit another speed bump last night. | ||
| It got blown out with Nancy Mace. | ||
| It's undetermined who's actually won, and I know they're going to do a recount, but I hear there's a lot of shenanigans, maybe around Charlottesville. | ||
| It so shocks me that UVA, there's any shenanigans around ballots near University of Virginia. | ||
| I guess a Hokie can say that, right? | ||
| We'll have more on that. | ||
| We'll drill down on that. | ||
| But the McCarthy Revenge Tour is done and dusted. | ||
| Eli Crane can't touch him. | ||
| Matt Gaetz can't touch him. | ||
| So, Kevin, tell us where you want to go next, bro, to be humiliated. | ||
| McCarthy's brand is so toxic that you spent $10 million I don't want to get into all the details. | ||
| Our beloved president, and President Trump's the best, and as you know, I was adamantly... | ||
| Livid about the endorsements for DeSantis for the simple reason, and this is the simple reason I would tell people, I told everybody that I know that we're close to as a show and in this movement that endorse DeSantis. | ||
| I said, number one, Ron DeSantis is never, ever, just underline that, going to be president of the United States. | ||
| That's not going to happen. | ||
| That's not going to happen. | ||
| Okay? | ||
| The American people are not going to pick that guy to be president. | ||
| And more specifically, he's certainly going to be the nominee in this cycle. | ||
| Only Trump could do that. | ||
| Only the logic of history, the logic of the American experience demanded, demanded, in the own mystical way that it works, that it had to be Trump, and that Trump had to return to the White House. | ||
| It's the American experience. | ||
| This is the story of the United States of America, of this republic. | ||
| It had to happen. | ||
| If you didn't understand that, you don't understand The process of this Republican, that's why you have sad Rachel. | ||
| All these people have had the upper hand. | ||
| Here's the beautiful thing. | ||
| Just always remember this, and this is as we converge on 5 November, from all different angles and coming together. | ||
| Once they're gone, they're gone. | ||
| They're never coming back. | ||
| It's like the ancient regime in France. | ||
| They're not coming back. | ||
|
unidentified
|
Right? | |
| That part of the aristocracy and the crown, not coming back ever. | ||
| Don't get me wrong. | ||
| They tried to come back in certain aspects, but not like they were. | ||
| This is never going to happen again. | ||
| We learned a very, the nation providentially in the steel of 2020. | ||
| I say that the steel of 2020 was just as providential as the victory in 16 because it showed the American people and the working class people, MAGA, the deplorables, the America first working class, African-Americans and whites and Asian Americans and middle-class folks, exactly what they've done to this country. | ||
| And more importantly, what they want to continue to do to this country. | ||
| And folks stood up and said, no, not on our watch. | ||
| Not going to happen. | ||
| That is why the logic, the internal logic of the American experience always made it. | ||
| You're going to replace that with Nikki Haley or Ron DeSantis? | ||
| Are you kidding me? | ||
| Is really, you think that? | ||
| So that was a huge mistake. | ||
| But McCarthy and this, the two trillion dollar deficit they lied about. | ||
| The first people to say this was going to happen is War Room and the War Room team. | ||
| The E.J. | ||
| Antonis, the Dave Bratz, the Dr. Peter Navarros, the Scott Bessons, the others that we bring on here to go through the capital markets now, the Birch Gold guys. | ||
| We told you from the beginning it was going to lead to two Years of at least two trillion dollars deficits, and that's what's happened. | ||
| And they lied about it. | ||
| They lied about these numbers until yesterday. | ||
| They said, well, 20 percent had that happen. | ||
| And they're still lying because they haven't fully baked in the cost of the illegal alien invasion. | ||
| They've taken the kind of spending side of it. | ||
| So It's all coming together. | ||
| And once they're gone, once we get in and get the apparatus this time and start doing Project 2025 and other things like that to deconstruct the administrative state, and John Solomon's coming here tomorrow, in a minute, about the deep state and what they're prepared to do, once they're gone, they're gone. | ||
| That's why Rachel's sad. | ||
| She's a multi-millionaire, but she sees the control of this country slipping away from them in a revolt by the American people. | ||
| Trump's totally outgunned every institution, and now they're all coming as supplicants. | ||
| The Silicon Valley crowd, the Business Roundtable, all the Wall Street billionaires. | ||
| Yes, yes, yes, we're going to have to deal with all that. | ||
| That's not going to be great. | ||
| I got it. | ||
| But they're coming as supplicants now because they know that MAGA is ascendant. | ||
| And today, Axios tells the thing. | ||
| Yes, all this talk he does about democracy, it's not working. | ||
| It's the lived experience of the American people, and it's terrible. | ||
| And all you have is a bunch of corrupt cronies, incompetents, and demons that infest, infest like vermin, this government. | ||
| And that is going to be purged, and I don't care if the panty waste over at MSNBC like it or not, or like the way I say it or not. | ||
| John Solomon, you've got another shiny example of exactly the feral dogs we're dealing with. | ||
| Can you walk us through it, sir, in your reporting? | ||
| Yeah, absolutely. | ||
| Listen, it took us five years to get these documents, but there was 120 million reasons why Joe Biden and Hunter Biden might want to end the corruption investigation against Burisma in Ukraine back in 2015. | ||
| Remember, Biden did the, I'm firing the guy, you don't get your billion dollars unless you fire the prosecutor, who just happened to be investigating Hunter Biden's company. | ||
| There was $120 million worth of reasons for the Bidens to do that. | ||
| Why? | ||
| Just before Joe Biden left for Ukraine, in the months before that, his son and his business | ||
| partner, so Hunter Biden and his business partner, struck a deal to route $120 million | ||
| from the oligarch running Burisma Holdings to a company they were setting up in Liechtenstein, | ||
| which is a known tax haven, so that they could take 25% of all future business that the Burisma | ||
| company made on the global stage. | ||
| They had to put no money up for this stake. | ||
| They got a 25% share in the revenue for no money up, and $120 million was going to be | ||
| transferred to their company that they were setting up. | ||
| It's an extraordinary story because the FBI knew about it in 16 days. | ||
| They got these documents in 16. | ||
| But when Donald Trump was being tried for impeachment in 2019 and 2020, these documents were not made available to his defense. | ||
| Imagine if the American people knew that story, that Hunter Biden was poised for $120 million payday, the impeachment would have been stopped in its grounds. | ||
| The crime in the cover-up, you might even argue that that's why they did the impeachment on the perfect phone call, but let's go back. | ||
| I gotta hit rewind. | ||
| Give me the receipts. | ||
| How do we know, number one, what documentation do you have in the story about the whole deal that 25% is coming to us right off the top with no investment, and how do you know the FBI actually knew it back in 2016, sir? | ||
| That's a great question. So these documents are part of a 3.39 million page cache of documents | ||
| that I've gained access to. They were recently turned over to Congress by Devin Archer, | ||
| one of Hunter Biden's business partners. They're the documents that the FBI, the Securities | ||
| Exchange Commission, and the IRS gathered in the spring of 2016 from Hunter Biden and all | ||
| of his business partners in a unrelated securities fraud case. | ||
| It was a case involving an Indian tribe that got fleeced in a bonds deal that involved a lot of Hunter Biden's business partners and even some of Hunter Biden's companies. | ||
| The FBI had these. | ||
| They kind of craft the case so that Hunter Biden's not ever charged in that case. | ||
| But they have all these extraordinary documents showing the influence peddling. | ||
| These documents Many of them are not on the Hunter Biden laptop. | ||
| We don't know if the laptop was sanitized or if these were in different email accounts, but these are documents where Hunter Biden is emailing his partners. | ||
| These are documents where the business plan—we actually have the business plan for the $120 million deal. | ||
| The FBI had all of these and gathered all of these in 2016 as they were making the bond case. | ||
| The FBI knew Joe Biden was meeting with Hunter Biden's Chinese business partners. | ||
| They knew that there was an effort to get the prosecutor fired before Joe Biden went to Ukraine and did the $1 billion threat. | ||
| They knew that Hunter Biden was going to get a $120 billion payday. | ||
| Tomorrow, we're going to put some new documents out. | ||
| People can see all these documents, and you're going to see that the top State Department energy official, the very top guy for | ||
| global energy policy at the State Department, was meeting with Burisma just two months after | ||
| English authorities, actually prompted by our FBI, started the corruption investigation | ||
| against Burisma. | ||
| There's no chance in any other administration that a company under that level of investigation | ||
| would get an audience at the State Department, except for the fact that Hunter Biden happened | ||
| to be affiliated with the company. | ||
| These documents show the influence peddling scheme in its rawest forms, and the FBI had | ||
| all of them in their possession. | ||
| And now James Comer has them. | ||
| I think this is going to rekindle or reignite some very important elements in the impeachment | ||
| inquiry, which really has stalled the last few months. | ||
|
unidentified
|
Thank you. | |
| Oh, has it? | ||
| John Solomon's doing work every... I'm trying to be polite. | ||
| John Solomon's doing work every... No, John Solomon's doing work every... John, go back in time. | ||
| Who had justice at the time? | ||
| I mean, why did the FBI, the Comey and McCabe, because this makes sense now why McCabe's on TV wetting himself every night, understand? | ||
| Did Comey and McCabe suppress this? | ||
| Did they talk to DOJ? | ||
| Look, I'm as big an anti-Obama guy in the world, but I've never seen evidence, maybe you have and I've just missed it, that he's personally a grift like this, like the Bidens. | ||
| The Bidens are pure grifters. | ||
| I don't think he was. | ||
| Why would he go to Obama? | ||
| Why would somebody, you know, Eric Holder, why would somebody not say, hey, This guy, they've always been a little jiggy on Biden anyway. | ||
| Why would they not bring it up? | ||
| Because of the presidential campaign and not wanting to blow things up? | ||
| We're going to put Barack Obama and Hunter Biden together in a meeting in the next few days in the Oval Office right around a crucial moment in this investigation, the tribal bonds investigation. | ||
| We don't know why Hunter Biden got in yet, but we're going to put him there. | ||
| We're able to put him there based on real physical evidence that the FBI had. | ||
| So we're going to deal with it. | ||
| But I think you're right. | ||
| I don't think Barack Obama was into the grifting. | ||
| In fact, I think He actually was rather concerned about other grifters. | ||
| For instance, it's been widely reported that some of Hillary Clinton's campaign people that were around her in the State Department, he put out words, I don't want them in the White House, leave them out. | ||
| But Joe Biden and Hunter Biden had this operation going on. | ||
| It was going on for months. | ||
| What Barack Obama knew and what Joe Biden knew in real time is going to become a very important question. | ||
| I'm going to shout this from the rooftop today. | ||
| The most important thing that Jim Jordan and James Comer could do right now is to demand the ODNI, the FBI, the intelligence community give Congress immediately any defensive briefings that Barack Obama and Joe Biden got. | ||
| If Joe Biden and Barack Obama were warned and they didn't stop Hunter Biden, that becomes an easy scandal for the American public to understand. | ||
| Okay, can you hang on for one second? | ||
|
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I got one more question about the president's impeachment. | |
| John Solomon's with us from Justin News. | ||
| Powerful investigative reporting. | ||
| Birch Gold. | ||
| Think it's a little unstable out there? | ||
| We're going to get into this deficit that's about to destroy your economic and financial life. | ||
| Next! | ||
|
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What's the FBI think of when they hear a comment like that? | |
| You know, it's it is it's terrifying. | ||
| It's frightening. | ||
| I have a lot of conversations with former colleagues, people who are or were in the intelligence and law enforcement community and may have worked in the Obama administration, other places. | ||
| And, you know, people are really trying to assess, like, what is life going to be like if Donald Trump wins a second term? | ||
| And on a very personal level, I mean, these are torturous discussions with their family members about whether or not they have to leave the country to avoid being unconstitutionally and illegally detained. | ||
| I mean, people are actually worried about being thrown in jail or grabbed in some sort of extrajudicial detention. | ||
| And I think, you know, as crazy as this sounds in the United States of America, I think people should really consider that these are possibilities. | ||
| Listen to what the man says. | ||
| He typically does what he says, as crazy as it seems, and that's really all the indicators you need. | ||
| Do you personally worry about it? | ||
| Yeah, absolutely. | ||
| I'd be, you know, I'm not gonna, I'm not gonna hide it. | ||
| I mean, it's something that anyone who has been in his crosshairs on his, you know, perceived enemies list, I think most... Yo, bro, you're not on Trump's enemies list. | ||
| President Trump doesn't keep an enemies list. | ||
| President Trump has a big heart. | ||
| But you're on the American people's enemies list. | ||
| And it's going to be a full investigation. | ||
| Solomon's getting down to it. | ||
| Solomon knows. | ||
| John, and that's Andrew McCabe, the deputy. | ||
| What do you think they're worried about? | ||
| If he hadn't done anything, you wouldn't be worried? | ||
| You wouldn't be having torturous conversations of where can we go? | ||
| It's all going to be within the constitution. | ||
| John, how long have you fought to get these documents, sir? | ||
| five years. Actually, I first was tipped off by agents working under Andrew McCabe. | ||
| Agents working under Andrew McCabe. I was first tipped off about these things back in 2017 and | ||
| then again in 2018. So it took me almost six years to get them. If he wants to talk about | ||
| the agents who worked for him, they were scared. | ||
| There are a lot of agents that were worried about the direction he was taking the bureau. | ||
| That's why he's not in charge of the bureau anymore. | ||
| Just look at what John Durham wrote in his final report. | ||
| Andy McCabe owns a big part of that. | ||
| He was in charge and running a big part of that great ruse that left the American people. | ||
| Listen, you said something earlier about the election. | ||
| This is the first election in modern history where The battle is between the 98% of normal Americans and the 2% elitists that run the country and think the rest of us aren't smart enough to handle the truth, can't make decisions about what to wear on our face, what to jab in our arm, and so they dictate our lives. | ||
| This is an election about freedom from the 2% elitists and the 98% that are now chafing under their extraordinary heavy hand. | ||
| John Solomon, I couldn't say it better. | ||
| Brother, where are they going to get all your reporting? | ||
| Solomon's putting out something every 72 hours that your head's blowing over. | ||
| He sends me this in the middle of the night before he publishes it. | ||
| I go, this can't be true. | ||
| And I read it and go, oh my God. | ||
| Unbelievable. | ||
| Please, I know you've got great relationships on the Hill. | ||
| Please, Brother Comer and Brother Jordan, get them up to speed on this because we've got to get to the bottom of this thing, sir. | ||
| They are. | ||
| James Comer is going to be on the show tonight, just right after your show, so we'll ask him all the important questions tonight. | ||
| That's a good thing. | ||
| But justthenews.com, that's where you can get it all, folks. | ||
| John Solomon, fantastic. | ||
| Follows us here on the 5 o'clock show on Real America's Voice. | ||
| Thank you, brother. | ||
| Thanks, Steve. | ||
| Good to be with you. | ||
| Mo and Grace, if you can push this. | ||
| This has got to be widely shared. | ||
| We need force multipliers on this, because this is what it's about. | ||
| This is why they hate Trump. | ||
| You just heard it right there. | ||
| And why did I select that thing McCabe last week? | ||
| Because I said, oh my lord. | ||
| They understand. | ||
| They've seen the crosstabs. | ||
| They understand we're coming. | ||
| And you just heard Solomon. | ||
| You heard this scandal. | ||
| 120 million dollars suppressed by the FBI. | ||
| That would be Andrew McCabe and James Comey. | ||
| Of course he's worried. | ||
| Next time you get him on there, Caitlin Collins, why don't you ask him about that? | ||
| Why don't you ask about people around him that came to John Solomon? | ||
| Ask him about that. | ||
| Okay, a lot going on. | ||
| I got brother Dave Brett. | ||
| Brett, I think we ought to focus on the economics of it, although the politics of it, this thing is going to take several weeks to work through. | ||
| You know this district, and being a native Virginian, there's not a more beautiful part of the country and not a better group of folks. | ||
| It's just an extraordinary, it's one of the most beautiful parts of this entire beautiful nation. | ||
| It is literally God's country. | ||
| And the folks down there are so great. | ||
| And we're not, people said, oh, it's a wedge between, no wedge between MAGA. | ||
| There's not one person that voted for Bob Goode that is not a 1000% supporter of Donald J. Trump. | ||
| It's not about that at all. | ||
| It's not about support of Trump or the MAGA agenda. | ||
| It's about Kevin McCarthy. | ||
| And this is why we're gonna get to the deficit. | ||
| This, what do you think the fight's about? | ||
| What do you think Good stood in the breach about? | ||
| Why is McCarthy gone? | ||
| And why is he on a revenge tour? | ||
| He's gone because of what the CBO put out yesterday. | ||
| Two trillion dollar deficit. | ||
| The brother Dave Brat and E.J. | ||
| Antoni, who's going to join us at 11. | ||
| We've been preaching this gospel from the day he signed it in April or May of 2022. | ||
| 2022, excuse me, 2021, when they signed it. | ||
| When the new Congress came in. | ||
| Right? | ||
| I think I got that right. | ||
| No, 2022. | ||
| When he signed it. | ||
| When that spring, when they signed it. | ||
| We said at the time... | ||
| That this is absolutely atrocious. | ||
| That this is going to lead to unlimited deficits, right? | ||
| And now you've seen it. | ||
| Actually, I think it was 2023, when he came in and he signed that, and we said, this is going to lead to unlimited spending. | ||
| He's the one that gave Biden the deal, and now we've seen it, and we've been 1000% correct. | ||
| Including, Dave Brat, as you and EJ pointed out at the time, sharpening your pencils. | ||
| You said, hey, I think we're going to get to a trillion dollars in interest expense, right? | ||
| And now they admit to $900 billion because of the way they're financing this thing. | ||
| Dave Brat, give me your thoughts. | ||
| This is what the whole McCarthy, this is why we can't stand McCarthy. | ||
| McCarthy revenge tour, he's not, and Graves leaves, and here's what he tells, he tweets out on Graves. | ||
| You know, Graves led to all the great conservative wins, including the greatest deficit reduction. | ||
| He actually used that phrase. | ||
| Which is all the three-card money of how they take things in the out ear on a ten-year plan and go, oh yeah, we're going to cut a couple off. | ||
| We'll cut a trillion out there in ten years. | ||
| And no, no cuts down front. | ||
| Your thoughts on McCarthy and particularly his legacy, what he's left us, sir? | ||
| Yeah, well, shout out to Bob Good. | ||
| All the numbers I'm going to go over, you know, Bob has been strong on all the key war room issues from the border invasion to the runaway deficits and debt to the endless wars, China. | ||
| And so, yeah, this was an intramural food fight that happened. | ||
| The former speaker was in a food fight with some consultants and the money people. | ||
| And it's kind of like your opening with Morning Mika and all that kind of thing, right? | ||
| That's just the noise and we cannot afford to be doing these noise games, right? | ||
| The war room always comes and hones in on these issues that affect the American people. | ||
| The Royce White was great yesterday, right? | ||
| This isn't some super right agenda. | ||
| This is returning to the American common sense principles and realigning where the middle is. | ||
| And that's what's happening right now. | ||
| And so these intramural excursions, they're not serving anyone. | ||
| And so, you know, I've got some major blowout receipts that we've all known. | ||
| We've been reporting these numbers for two to three years. | ||
| They're all in the CBO expectations years back. | ||
| But now Bloomberg comes out and Says CBO ramped up its estimate of the deficit by 27%, right? | ||
| Somebody hasn't been sharpening their number two pencil out there. | ||
| So CBO's off, ramps up its estimate of the deficit this year by 27%, meaning they were off, right? | ||
| They're not looking right. | ||
| They attribute that to foreign spending, $1.2 trillion on the interest that you just said. | ||
| That interest expense is going up to $1.6 trillion in the next year. | ||
| And let me show you a chart. | ||
| Denver, if you want to pull up that first chart. | ||
| This is a shocker, right? | ||
| This is to show you why CBO is still wrong and they just cannot get their act together. | ||
| And they're always rosy scenario, right? | ||
| Because Wall Street wants rosy scenario and an upbeat message all the time. | ||
| They don't want to hear these downers. | ||
| This is just the May deficit. | ||
| So the May deficit came in this year at $347 billion. | ||
| So people at home are going, whatever, what are these numbers? | ||
| Well, just, you know, there's 12 months in a year, so let's make the math easy, just multiply that by 10. | ||
| So this is the May deficit, right? | ||
| The government's spending more than they have in one month. | ||
| Exactly. | ||
| By $347 billion. | ||
| Multiply that by 10. | ||
| What would the deficit be in a year if you kept doing that? | ||
| $3.5 trillion. | ||
| Not $2 trillion. | ||
| It's going there. | ||
| Yeah, the CBO's off. | ||
| Here's what it has to do with you, ladies and gentlemen, and I had so many compliments of people coming up in Detroit, particularly young people, saying, hey, we really love the capital markets because we're starting to understand not just the economy, but how the country works. | ||
| Let me give you some more bad news out of the May number. | ||
| Because you're right. | ||
| When you do investment, when you do financial analysis, you look at and do the trailing 12 and then project that out. | ||
| Don't give their happy talk. | ||
| Oh, it's going to be $47 trillion in like 10 years. | ||
| No, it's not. | ||
| That train is going to run you over quickly. | ||
| Correct me if I'm wrong, and think in May. | ||
| The deficit during 47, I think includes almost $80 billion in interest payments. | ||
| Eighty billion dollars in insurance payments. | ||
| Now, why would you say that? | ||
| Because, as we tell you on this show all the time, they're financing this short-term, more expensively. | ||
| They're financing it short-term because they can't sell the 10s and the 20s, or the 10s and the 30s. | ||
| So she's like a three-card money right now. | ||
| She's the person who's got the plates running around on the Ed Sullivan show with 100 plates in the air. | ||
| This is a fiasco. | ||
| This is not the way you manage a great nation's finances. | ||
| You know who knows this, Dave Brett? | ||
| Not just working-class people, but the new Russian serfs. | ||
| That would be the American young adults, 18 to 29, as they've now left the nest. | ||
| Most of them are out in the cold, cruel world. | ||
| It's a lot colder and a lot crueler than they thought, and it was for their parents. | ||
| Not their grandparents, but their parents, because it's an economic firestorm out there for the individual. | ||
| Dave Brett, your thoughts? | ||
| Yeah, well, let me wrap up on the deficits, and I'm going to get to the point you just launched into. | ||
| Goldman Sachs' favorite trade yesterday reported is a shorting the middle class. | ||
| So I'll explain what that means, and then show you a few other charts. | ||
| But this chart, Denver, has... Yeah, I know. | ||
| That's what's coming. | ||
| This is your 10-year. | ||
| What you were just saying, we're off. | ||
| So CBO has been off on the deficit for this year. | ||
| This chart shows in the two light purple boxes up at the top, they're also off $2 trillion on their 10-year estimates. | ||
| The $2 trillion error, though, this is just as important, took place between February and June. | ||
| See, that's like five months. | ||
| So they had to correct by $2 trillion. | ||
| And then they have this 10-year window, the next 10 years, at $22 trillion now. | ||
| So get out your number two pencil, American people. | ||
| The debt right now is at $35 trillion. | ||
| Add $22 trillion to that, and you're at $57 trillion now. | ||
| $57 trillion is the new normal. | ||
| And that number, as we just said, is going to blow up and get bigger and bigger and bigger. | ||
| And so as a result of that, your lived experience If Denver wants to put up the next chart, this is a doozy. | ||
| This is company mentions of low-income consumers, right? | ||
| So companies are starting to know what's going on here. | ||
| Back under COVID, you can see the spike going up. | ||
| We crushed the low-income families and the middle-class families, and now it's spiking up again. | ||
| And Goldman Sachs reported yesterday The level of prices are still difficult for middle-income consumers. | ||
| Our favorite trade in consumer is going short on our middle-income consumer basket, right? | ||
| Going short means you're betting on them being losers, right? | ||
| You're betting on their failure. | ||
| So this isn't a personal, you know, we all know this isn't a personal, they don't hate the middle class, but this is proof to the left and to the middle class right now. | ||
| This is proof. | ||
| It's people betting their money in Las Vegas odds terms. | ||
| They're putting their money down against firms who take care of the middle-class consumer. | ||
| And just as importantly, the consumption is two-thirds of GDP, right? | ||
| It's 70% of gross domestic product and GDP growth. | ||
| So if the consumer is in trouble, the economy's in trouble. | ||
| Let me show you, last chart, who's not in trouble. | ||
| Oh, hang on, hang on, hang on, hang on. | ||
| We only got 10 seconds. | ||
| Hang on, hang on. | ||
| I gotta say, that's a power charge. | ||
|
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I want to save that power charge to a power block. | |
| Here's your host, Stephen K Band. | ||
| This is why we did the end of the dollar empire. | ||
| You know, the Saudis are getting out of the petrodollar. | ||
| The BRICS nations are flexing their muscle geopolitically in this whole Eurasian landmass battle, particularly in Ukraine. | ||
| They're trying to come up with an alternative currency. | ||
| Why? | ||
|
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Because of yesterday with the CBO report. | |
| That's going to drive down the purchasing power of the dollar. | ||
| How do you think those guys are? | ||
| Now, quite frankly, most of them have already figured out that the media and the government's been lying to you. | ||
| These are not dumb people. | ||
| They're smart people. | ||
| They got the HP-12C, the kind of union card for finance and investment banking. | ||
| And they can work, they can do net present value, and they can do discounted cash flow. | ||
| They get it. | ||
| These people are smart. | ||
| Why do you think they're buying gold at all time records? | ||
| That should be a proxy for you. | ||
| Not that you should go out automatically and do it, but what you need to do is immerse yourself in the knowledge about it. | ||
| That is the beginning of self-reliance. | ||
| It's one of the reasons we do so much capital markets and macroeconomics here. | ||
| To make sure you understand how it fits into the system and how what happens in France impacts you. | ||
| And more importantly, what you're doing, because you're under this good situation, been watched by every hedge fund manager, In the world. | ||
| And those guys, why do you think those guys watch this show? | ||
| Because, I don't know, two years ago we called the shot on this. | ||
| Today, the largest bank, one of the largest banks in Japan, the big agriculture bank, announced, announced, remember we called them Biden bonds? | ||
| They like Bidenomics. | ||
| This bank announced, Dave Brat, I think I sent you the piece, overnight Bloomberg caught it. | ||
| They're going to sell $61 billion of underwater U.S. | ||
| government securities. | ||
| The face amount, right? | ||
| They always thought that, hey, if they bought these government bonds, they just got to clip the coupons, right? | ||
| They didn't realize with the rates they bought them at and now jumping all over the place, they'd be underwater and blew a massive hole in their balance sheet. | ||
| That would take them down unless they started to monetize these things and sell them. | ||
| And how do you think that's going to affect the government securities market? | ||
| Go to Getter. | ||
| I think I've got a quote from the news story. | ||
| It's a buried leak because it's like in the last paragraph. | ||
| Oh, it's going to have a massive impact on the market of U.S. | ||
| government securities. | ||
| The $2 trillion deficit. | ||
| If you're a BRICS nation, oh, the BRICS, why are they doing that? | ||
| Why are our allies doing it? | ||
| Why is the Saudis a petri dish? | ||
| You know me. | ||
| I trash talk the Saudis all the time. | ||
| Not good guys have not been great allies. | ||
| Only do what they need to do when they absolutely need to do it. | ||
| But you can't blame them for getting together and saying, I gotta think of something else, because surprise! | ||
| Dave Brat, you're an economist, and if anybody goes into investment banking or starts a business, entrepreneur, a 27% miss to your banker is like, are you kidding me, folks? | ||
| Let's get a change of management here. | ||
| a 5%, a 10%, you get above 10%, eh, maybe I take a 15%, 27% and they've known it for | ||
| a while and always remember, brother Dave Bradgett just did the math. | ||
| Don't give me the happy talk about projection. | ||
| Just give me the current month. | ||
| Give me the trailing 12, four weeks. | ||
| Let me see that. | ||
| Let me go to remote territory. | ||
| Let me go to May. | ||
| It's June 19th. | ||
| Let me go to May. | ||
| What was May? | ||
| Oh, $347 billion. | ||
| Okay. | ||
| I think it's going to be a little bigger than $2 trillion next year. | ||
| What are you going to dump on Trump? | ||
| This is why we're pleading with the Speaker and this is why the race with Bob Good was so important yesterday. | ||
| How about this? | ||
| It's out of control and let's shut it down on September 30th at midnight. | ||
| Who in the chat room is with me? | ||
| Say aye. | ||
| I want to hear it because, hey, now we have a good old-fashioned Donnie Brooke throwdown. | ||
| And finally, they said, well, you can't do that, Steve. | ||
| It's four weeks or five weeks before the national election. | ||
| Exactly. | ||
| Let's put this on right to the American. | ||
| Let's go into the kitchen and the kitchen table conversation and say, hey, look. | ||
| They're spending you into oblivion. | ||
| This is human bondage. | ||
| And they get all the upside. | ||
| Of course they're going to spend. | ||
| Have you been to Washington? | ||
| It's like Paris with the boutiques and the cars and the dinners and all of it. | ||
| These fat cats have never had it so good. | ||
| And as long as they've got a printing press that keep going, they're going to continue to do it. | ||
| Why would they not continue to do it? | ||
| They're incentivized to do it. | ||
| Of course they're going to do it. | ||
| Why do you think Kevin McCarthy's running around on guys like Bob Good and Eli Crane and people like that, that we're down, not just stopping him, but also saying we gotta stop the mad spending, spending into oblivion, and all these guys wander around, they all go around, during the day, we're gonna cut government spending, we're gonna cut government spending, you're a liar! | ||
| That's not the way the system works, and you're plugged into it. | ||
| This is what's driving, this is Republican, hey, the deep state and the rule of law, I got it, with Mike Davis and those guys, I got their back, pay a lot of, yes, I got it. | ||
| But that comes up, this is Republican-ing like in the here and now. | ||
| In the here and now. | ||
| Every dollar of that federal spending is bondage to you. | ||
| And finally people are waking up and saying, oh my God, I see it's interconnected. | ||
| Why do they never talk about this on Fox? | ||
| Why do they never talk about this on NBC? | ||
| Why do they never talk about it on CNBC or Fox? | ||
| Let me put that in quote, business. | ||
| They don't want you to know. | ||
| They don't want you to understand. | ||
| Because if you understood the three-card money, you'd go, what the hell are you doing? | ||
| You're supposed to be the adults. | ||
| You're supposed to be the responsible ones. | ||
| So why don't you have the nice offices and the big homes and all the assets and the equity? | ||
| You're supposed to have fiduciary responsibility. | ||
| If you're elite in this country, like all the generations of the elite, you're supposed to have A certain presence of the common good that you represent as a fiduciary. | ||
| You're not a fiduciary. | ||
| In fact, not only are you not a fiduciary, you're insane! | ||
| You're insane! | ||
| And you're stealing from us, and you're stealing from future generations! | ||
| This is theft! | ||
| And I said it when I did the film American Dharma, and I said, hey, if you don't sort this out, It's Steve Bannon's the first one that told you, there's going to be a revolution coming. | ||
| Because working class people and the middle class and the middle class right now, hey, guess what? | ||
| You're 90 days away from oblivion. | ||
| You lose those paychecks, and what do you think your retirement's going to be worth? | ||
| Larry Fink, oh, we have a retirement crisis. | ||
| I see the retirement crisis in this. | ||
| This spending and these deficits are the end of this republic. | ||
| We haven't solved the issues from 2008. | ||
| We haven't solved the basic issues of the Lords of Easy Money and the Federal Reserve. | ||
| And now we're moving into not just tech feudalism, we're moving into financial bondage. | ||
| You know who gets that? | ||
| And they haven't been taught these lessons, but intuitively they know something's not right in their lived experience. | ||
| The kids under 29 years old that are coming to vote for Trump. | ||
| They see what's happening. | ||
| They can feel it. | ||
| And that's why Rachel Maddow said, there's a new day dawning. | ||
| But we gotta fight for the sunlit uplands. | ||
| Nobody's gonna give it to you. | ||
| Nobody's gonna sit there and go, this is terrific, you take control. | ||
| You're gonna have to take control. | ||
| Short 90 second break. | ||
|
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E.J. |
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