July 16, 2024 - Bannon's War Room
50:22
Participants
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| Speaker | Time | Text |
|---|---|---|
| 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. | ||
| I got a free shot on all these networks lying about the people. | ||
|
unidentified
|
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. Babb. | |
| What's going on guys? | ||
| Donald Trump Jr. | ||
| here with the great Maureen Bannon. | ||
| And so you're not getting Steve Bannon today because of so much of the nonsense that we're dealing with. | ||
| I know, Maureen, I'd reached out to your dad when all that nonsense started going, even a couple weeks ago. | ||
| I was like, whatever I can do to help to keep the show going, because it's really all part of the movement. | ||
| So I got to ask, how is he doing? | ||
| Because we haven't even had a chance to catch up. | ||
| We're at the RNC. | ||
| We're live here on the stage. | ||
| Interview after interview after interview. | ||
| How's that going? | ||
| He's doing good. | ||
| You know, he's keeping himself busy in there, you know, reading. | ||
| He's able to have five books at a time, so he has the Bible and four other books. | ||
| He's doing a lot of reading, and he has no internet access while he's in there, but we're able to send articles, but you have to copy and paste the articles. | ||
| Well, that's how, like, my father does email. | ||
| Still, it's literally, like, he gets a printout, he handwrites on it, and then has someone PDF it back to you. | ||
| I'm like, that's my father's way of communication. | ||
| It's probably smart. | ||
| I mean, having all had our phones subpoenaed now a thousand times, it's like, you know, probably better, you know? | ||
| Well, I can definitely agree, but he's... If I see a headline I think that he'll like, I send it to him. | ||
| I copy and paste the article and send it to him, and then we just go back and forth on our thoughts about the article. | ||
| Well yeah, I'm excited to be able to do this because I think the reach that he's been able to have, the contact with the base, the care for those people is so fundamental. | ||
| You can see it was such a clear, intentional act to take him out, conveniently for four | ||
| months prior to an election. | ||
| We saw them do the same with Peter Navarro. | ||
| I think one of the last times I was on with Your Dad Live, I'd just gotten back from visiting | ||
| Peter Navarro in prison. | ||
| He was put in prison for four months, even though his case was still out for appeal. | ||
| It's almost, again, you see a recurring theme here. | ||
| It shows the two-tiered justice system that we have in this country, the fact that Peter Navarro and my dad are political prisoners. | ||
| I know Peter Navarro gets out tomorrow, but he's been in four months. | ||
| Both judges sentenced them to four months with no supervised release, so they have to serve the four months, and they're political prisoners. | ||
| And then you see Merrick Garland roaming the streets free, not arrested. | ||
| Hold him in contempt and kick it to the DOJ and the DOJ is not going to prosecute. | ||
| So it just shows how two-tiered this justice system is. | ||
| Well, we've been talking about sort of that elevation, you know, of the rhetoric, the party, the Democrats that, you know, they preach so much about democracy and they truly fear fascism. | ||
| Sort of feels a lot like they've been the ones actually acting like a fascist. | ||
| You have borne witness to that. | ||
| I have. | ||
| I mean, we've been fined a half a billion dollars for paying back a loan on time with interest. | ||
| I'm still trying to figure that out. | ||
| You know, I guess it doesn't matter. | ||
| It doesn't have to make sense because they don't care. | ||
| There is no rule of law. | ||
| No, it's rules for the other side. | ||
| Rules for thee, but not for me. | ||
| What are your thoughts? | ||
| Again, we haven't had a chance to speak, but we've been talking about what they're doing. | ||
| They're willing to jail him. | ||
| First they try to fine him, then they try to cancel him, then they try to impeach him, then they try to censor him. | ||
| If that doesn't work, you try to take away his businesses, and then maybe if that doesn't work, Jail. | ||
| Although, you know, after this weekend, it's like, well, they'll actually go further than that. | ||
| I wish I was surprised, but I'm not, given the rhetoric that we've seen before and after all of those things. | ||
| What are your thoughts on it? | ||
| I mean, I think after what happened on Saturday with your dad, and I'm very grateful that he's okay, and my dad said the armor of God was around your father, and I believe that 100%. | ||
| My dad has been saying that, though, that the deep state and administrative state don't want your dad back in office, that they weren't willing to go to any means, and we saw that on Saturday, and I'm very grateful that he's okay, but the left thinks that they're going to silence my dad by throwing him in prison. | ||
| They don't realize that his voice will not be silenced. | ||
| I've known your dad for a long time. | ||
| We probably politically agree on most things. | ||
| And I even spoke to him about it. | ||
| I go, the only person perhaps happier that you're getting thrown in jail than the left is maybe you for a little while. | ||
| But again, it's one of those things that, but then it becomes real. | ||
| Oh yes. | ||
| Right? | ||
| So it's like, you know, even the idea of it, like, yes, I will go and it'll, I think he comes out stronger with a bigger voice, with a bigger following, with more resolve. | ||
| Uh, you know, all of those things that we need, but you know, when it actually happens, it's like, oh man, now, now it's actually happening. | ||
| And I think that they believe that his voice will be silenced, and it's not going to be silenced. | ||
| They think that War Room's going to go away. | ||
| Case in point, we're here at the RNC doing War Room. | ||
| Just because my dad's not behind the mic doesn't mean his voice is not going to be heard, and that War Room is going to be silenced. | ||
| We're going to continue to get the truth out, and like he said, it's next man up, you know. | ||
| We can't rely solely on one person to carry the movement. | ||
| It has to be all of us. | ||
| And we're seeing that with all the amazing guest hosts that we've had. | ||
| And, you know, we have to continue to do that, continue the fight. | ||
| I think that's a really important concept. | ||
| I think that's somewhere, something that I think as a party we've generally been lacking, which is we don't have much of a bench. | ||
| Meaning, there's plenty of Republicans, you know, the rhinos who, you know, who would gladly take the reins, who would gladly amass some sort of power, who will then keep us in forever wars, but there aren't that many people on the bench I think the way we do and are able to actually prosecute that. | ||
| So that's why taking your father out of that is an important thing. | ||
| That's why I think it was so, honestly, I think so important to have the vice presidential candidate that we have now. | ||
| Someone that has that youth and the vigor to bring the movement and keep it going. | ||
| What's great about your dad and, you know, These are people willing to give other people a platform to make sure that their beliefs continue. | ||
| And I think that's so critical, and that's not typical. | ||
| Everyone sort of wants the power and the attention themselves, and if they can't have it, they're taking their ball and they're going away, and they're not building up that next generation of talent. | ||
| No, I completely agree. | ||
| And the fact that he gives a platform to so many people to get their views and their opinions heard is an amazing thing. | ||
| Someone asked me if I thought that his voice was going to be amplified once he gets out. | ||
| I think that a thousand percent. | ||
| A hundred percent. | ||
| I think that first show back, once he gets out, it'll be record viewers because everyone wants to hear what he has to say. | ||
| You know, it takes sort of, you know, those tragedies to sometimes do that. | ||
| And, you know, I know with, you know, what I dealt with this weekend, I did my show, uh, you know, live last night, the first show sort of back after, you know, literal assassination attempt. | ||
| And it was the number one live stream in America. | ||
| It's, uh, people, but we need those people to be engaged all the time. | ||
| I think that's one of the things is, you know, people like, Oh, well now, you know, after that, you've got it in the bag. | ||
| It's like, There is nothing in the bag. | ||
| Let me be very, very clear. | ||
| There is nothing in the bag. | ||
| There's nothing the other side won't do. | ||
| There is no length they won't go to to try to steal this, to try to corrupt it. | ||
| However, they can win. | ||
| They will win. | ||
| They will tell us that Joe Biden's the most brilliant person in the history of politics. | ||
| They've been lying to us for years. | ||
| The rhetoric, and honestly, the rhetoric It continues. | ||
| I saw it yesterday. | ||
| So I had a privilege. | ||
| I don't know if you guys have seen it on my social, but I had the privilege of going with my brother. | ||
| We're basically casting the Florida delegates, the 125 Florida delegates on the floor, which was the number to throw him over the delegate counts to make my father officially the nominee, right? | ||
| So we're there, and I get this reporter from MSNBC, some clown. | ||
| It comes up. | ||
| So, if your father gets back in, is he gonna bring the hate and the chaos and the vitriol? | ||
| I go, was that him or was that you guys? | ||
| I thought that was you guys that created it. | ||
| I mean, you lied about Russia. | ||
| You called half the country Nazis and fascists and, you know, deplorables now. | ||
| You know, then, it was an insult. | ||
|
unidentified
|
Deplorables now is like a compliment relative to the... I'll own that. | |
| It's like, you know, but... | ||
| But they did that. | ||
| And he goes crazy. | ||
| Will you put children in cages again? | ||
| I'm pretty sure that was the Democratic Party. | ||
| I literally said, you mean the Obama cages? | ||
| And he goes, that's not true, that's not true. | ||
| He's been fact checked since. | ||
| Because it is true. | ||
| Uh, but he couldn't, again, it'd be one thing if we're doing a real interview, uh, you know, a hard interview. | ||
| I'm happy doing the big boy stuff. | ||
| It's okay. | ||
| We can do that. | ||
| Unlike Joe, it's, you know, it's fine. | ||
| But like in that moment, like 30 seconds before we're supposed to have this sort of historic moment for my family, 48 hours after my father is shot in the face, They still can't help but notice. | ||
| I was like, you're a clown. | ||
| Just get out of here. | ||
| And, you know, it went pretty viral, because it's true, but we have to, you know, whatever disdain we have for that mainstream media, it's not enough, because to do that in that moment just shows that... It shows their lack of character. | ||
| Yeah, well, pulling Morning Joe. | ||
| Well, why? | ||
| That's an admission that they've been sowing the seeds for some of this crap. | ||
| Clearly, I mean, I'm sure they've said just as bad about you or your father and all these things, you know. | ||
| And the night before he went into prison, they're laughing about it. | ||
| Even the week before, laughing about it and the fact that CNN reported that Dan Barry | ||
| was filled with sex offenders and other violent criminals, which they've since been fact-checked. | ||
| But, you know, laughing about that, it just shows their character, or lack thereof, and the fact that they're going to push this narrative to try and paint themselves as the party of unity and love, when they're the party of hate, is just, it shows their true character. | ||
| So, you know, I'm sort of interested in these moments of sort of what you're dealing with with your dad, what I've been dealing with. | ||
| Are there people who've both stepped up in a great way to help or are there people that sort of like, well, now that I can't, they don't have that access or whatever that they've got. | ||
| Have you been shocked by the sort of the content of some of the characters that you either thought were friends or really impressed with some of the people that you weren't so sure? | ||
| I've been very impressed by everyone and you know my dad said next man up and everyone has stepped up in a way to help and support you know he doesn't want letters written he wants support for our sponsors instead and I've seen the posse step up and support our sponsors you know get involved make sure they're registered to vote. | ||
| Yeah, 100%. | ||
| grassroots get the grassroots grassroots effort going and help candidates get | ||
| into office but you know I've seen just how strong people are that we can't rely | ||
| solely on my dad. Yeah, we have to build that bench. It takes everyone and | ||
| everyone has stepped up and just shown how strong they are. | ||
| Listen, we can't stress that enough. | ||
| To nurture some of that talent for the future is something we haven't done well. | ||
| But I think we have a great opportunity. | ||
| What are your thoughts on J.D. | ||
| Vance as the vice presidential candidate? | ||
| For me, it was such a great thing to have happen because it was such a win for MAGA, for America First, against You know, all of these sort of, you know, the globalists and the, you know, and the, the rhinos and the warmongers and the neocons, you know, literally there was a trillion dollars of capital between the individual, you know, billionaires and this, you know, all pushing for their sort of, you know, chosen globalist that, you know, but no one that was going to be really part of the movement other than JD. | ||
| So I'd love to hear your thoughts on that. | ||
| I just felt like it was such a big win for America first. | ||
| It was, and the fact that, you know, J.D.' 's only 39 years old, so it's a younger member of the movement, and he can get the younger vote, and he can carry the party. | ||
| He can carry that, you know, four years, your dad's gonna make a great president, the 47th president of the United States, and then J.D. | ||
| Vance can carry the movement on from there. | ||
| So it just shows how strong this movement is and how much we want to continue to grow it. | ||
| Well, again, I love that it's him, because it's like, people are like, so when are you doing it? | ||
| It's like, no, no, no, I got a great guy in there now, I don't have to do it, I don't have to run, I can just keep talking crap online, and I'll do, I'll host War Room every once in a while, and I'll have my podcast and trigger it on Rumble, and, you know, I can play and do the stuff that we're not usually good at, which is the fighting, but now I don't have to do the day job, it's perfect, it's like, it's a win-win. | ||
| Oh, it is. | ||
| It definitely is. | ||
| And the fact that he can get the younger vote and he also has a military background, so as a fellow veteran, I greatly appreciate that. | ||
| And he can get, you know, the military vote. | ||
| The military now isn't the same military that it was when I joined that I got out, but he can help, you know, get some of that vote. | ||
| And the conservatives in the military that are afraid to voice their opinions or afraid to support a candidate, I think he can really draw that out of the military. | ||
| Well, you know, it was also interesting when you talk about, you know, J.D.' 's military service. | ||
| You see so many of these sort of politicians that have, you know, they do the military thing, but it's like, they go to Harvard, Yale, and then go to the military because it's like, I'm going to be in politics and this is another box I have to check. | ||
| Yeah, it's like, I want to check it, so yeah. | ||
| He went out of high school and joined the Marines. | ||
| That's different. | ||
| I don't know what I'm allowed to say as a not veteran. | ||
| It does strike me as different. | ||
| And I think it's an important difference as it relates to his service. | ||
| It does and it shows that, you know, he has a true respect and love for our country. | ||
| He didn't do it to check a box to help him with political, to gain a political future. | ||
| He did it because he wanted to serve our country and, and that, you know, now he is serving our country in a different way. | ||
| But I want you guys to stay tuned. | ||
| We have to take a short commercial break, but stay tuned for more with Don Jr. | ||
| and myself. | ||
|
unidentified
|
Here's your host, Stephen K. Bamm. | |
| ♪♪ Well, guys, we're back on War Room. | ||
| Good to be here. | ||
| I'm happy to be filling in for Steve, who's a little bit absentee for a little while. | ||
| It's nonsense, but this is the environment that we're dealing with. | ||
| But it's great to be here at the RNC. | ||
| I'm here with Scott Besson, a great economic advisor, someone who understands what's going on in the world. | ||
| I think we'd be remiss to only talk about politics, but a big part, I think, of this election is going to be the economy. | ||
| Scott, where do you see America right now as an economy? | ||
| I think it was Bill Clinton that said it's the economy, stupid, right? | ||
| And it seems like it's an abject disaster. | ||
| You know, it's really a tale of two economies. | ||
| I was on Bloomberg the other day, and they said, do you agree with Jerome Powell that there is a chance of a recession? | ||
| And I said, you know, 70% of America is already in a recession. | ||
| It's really bifurcated. | ||
| Talk about that, because I mean, there are sort of the economic markers, and it feels like the other side always moves the goalposts. | ||
| It's like, if recession meant this, it's like, well, now it means this. | ||
| And they're playing that game. | ||
| And I mean, you see that and feel it every day, right? | ||
| Well, there's a big economic marker, which is, you know, just like any central planning economy, and make no mistake, you know, the Biden team, they're old-fashioned central planners. | ||
| So in China, you know, they have a 5.5% growth target, and they hit it. | ||
| They don't care how they get it, but they hit the headlines. | ||
| So, you know, we're hitting these 2, 2.5% GDP numbers, but that's because the upper 10, 20% of America consumes so much. | ||
| So the top 10 or 20% are 50% of consumption, whereas the bottom 50% are getting crushed. | ||
| It's even like the stock market, right? | ||
| They are hitting all-time highs in the stock market, but it's like five stocks that are basically responsible for that. | ||
| So if you're not a holder of those... | ||
| Yeah, it's not really the economic marker that people think it is. | ||
| Well, it's not broad at all, and it's the opposite of, I call it Trump 1.0. | ||
| Trump 1.0, working class people did great, manual work. | ||
| Their salaries went up two times the managerial class. | ||
| Upper income people did great, so everybody did well. | ||
| Here, like in Joe Biden's America, you either own assets and the stock market's up, real estate's up, or you're in the bottom 50% and you have debt and you're getting crushed. | ||
| There was a statistic today, auto repossessions are up 23%. 23%. | ||
| Wow. | ||
| I read, I don't know if it's true, it was a couple weeks ago, 43% of small businesses weren't going to be able to pay rent that month, which seems incredibly high. | ||
| But I read it in multiple areas. | ||
| Is that an accurate statistic? | ||
| These things are all adding up, obviously with interest rates, your car is no longer affordable, your new home is no longer affordable, whatever your home costs, you're paying twice as much, you're in big trouble. | ||
| No, look, in the old days, you know, I'm old enough to remember Jimmy Carter, you know, as a teenager, but they called it the misery index. | ||
| And, you know, we're back to the 70s with the misery index, and what's happened now is the economic numbers don't have, you know, you just pointed out, the interest rate costs are killing people. | ||
| Yeah. | ||
| So, the interest rate costs have been taken out of the inflation indices, but the average home payment per month is up 100% for the same house, And the average auto payment's up about 30%. | ||
| So, you know, working class people are getting crushed. | ||
| Yeah, I see that. | ||
| I mean, I think about my kids and their future. | ||
| I look at where housing prices go. | ||
| Then I look at, you know, sort of the monthly nut of what it takes to do that with, you know, 7% interest rates. | ||
| How does anyone afford a home? | ||
| How does a young person coming out of college, how can, where do they even start? | ||
| Well, that's why I think your dad's so popular with the under-35, under-40 group now, because they're losing hope in the American dream. | ||
| I was down at Mar-a-Lago last week, and his saying, make America affordable again. | ||
| Yeah, I guess that's the theme of the convention today. | ||
| You can make it affordable or you can make us prosperous. | ||
| The way to solve some of these problems, whether it's the deficit in social security, the only way to solve that is to literally grow so much that you sort of envelop That vacuum, right? | ||
| And it's the only way to do it is through growth. | ||
|
unidentified
|
100%. | |
| 100% and you know other than support President Trump the reason I've come out from behind my desk and I'm taking | ||
| such a public role is I think 2024 2025 is the last opportunity to grow our way | ||
| out of this. | ||
| Yeah, so you talk about that It's sort of like that pendulum swings and it usually corrects, but sometimes it can swing so far that it flies out of the clock. | ||
| There is a point of economic no return. | ||
| I don't know what that number is once you get to the... Is it $40 trillion in debt? | ||
| What happens where the interest alone is debilitating and it stops us being able to fund some of these things that are being funded that are Important and even maybe the only good news is maybe it stops you know we're not sending 20 billion dollars for you know transgender awareness to Pakistan or whatever it may be anymore because you know maybe that would be the good thing although I think that would probably gets to a disastrous point. | ||
| Yeah, well, I wrote a piece on another network last week, and for the first time, interest costs on the national debt are bigger than the defense budget. | ||
| Bigger than the defense budget. | ||
| So the debt is now becoming a national security issue. | ||
| And what's happening is, traditionally in the U.S., the tax take is between 17 and 20 percent of GDP, and the spending is around 20. | ||
| So what happens, and what's the breaking point if these policies continue, right? | ||
| and they're just putting debt on top of debt and trying to make us into kind of a European-style | ||
| social democracy. So what happens and what's the breaking point if these policies continue? | ||
| Right, if Biden somehow wins and again we're not taking anything for granted, | ||
| we're not taking our foot off the gas, when do you see that sort of just economic freefall? | ||
| Well, look, it'd be on November 6, because I'm the one who coined the phrase the Trump rally in the stock market. | ||
| And look, as your dad goes up in the polls, the Dow had a gigantic day today. | ||
| Small caps have finally taken off. | ||
| It's all in anticipation of lower energy costs, deregulation, and getting down the debt. | ||
| The Biden administration wants to let the 2017 tax cuts expire and raise taxes on capital gains. | ||
| It's insanity. | ||
| Yeah, the capital gains ones is interesting, especially when you talk about, you know, people, half of them is going to be not just wealthy guys in the stock market. | ||
| It's going to be people who bought a house 30 years ago, and that's sort of their nest egg. | ||
| And you eliminate that. | ||
| What is the plan for that? | ||
| Because that seems like it's just, it just would discourage almost any and all investment. | ||
| And maybe they like that because they just want to create a group of dependents, you know, that are living on a fixed income or barely at all. | ||
| And what's the theory behind the capital gains? | ||
| Yeah, look, I think the first few months of a Trump 2.0 is going to be reprivatize the economy, because right now it's running on government spending. | ||
| And their theory of the case is that government can do it better, and I think on capital gains, The most important thing that the Trump tax cuts did were to establish capital spending, capital formation, and increase productivity. | ||
| And this massive unfettered immigration kills productivity. | ||
| The big thing that most people miss with that one is also what it does to real wage growth. | ||
| For hard-working Americans, but that are in the sort of the lower income brackets. | ||
| I mean, you're literally robbing from those people. | ||
| You're making it less likely that businesses are going to raise their wages. | ||
| It feels like that's a huge economic, would be an economic driver in this election cycle. | ||
| It doesn't feel like a lot of people understand just how debilitating that could be. | ||
| I think maybe the people in the upper quartile don't, but I think the people in the bottom do. | ||
| I call it the three I's. | ||
| Inflation, interest rates, and immigration is what's killing the bottom 25 or bottom 50% of Americans. | ||
| It feels like immigration we can probably take care of on day one. | ||
| As my father joked and they run around with and pretend that, you know, he said it in hostility. | ||
| He said, you know, I'm going to be a dictator for one day. | ||
| You know, we're going to shut down our border and we're going to start drilling. | ||
| How do you take care of the inflation component? | ||
| That's not one that reverses overnight. | ||
| You can't do what has been done for this many years now and just turn that off and get things back to normal. | ||
| How do you solve that without creating the potential Negatives that come with that. | ||
| Look, it's all expectations. | ||
| So you give forward guidance. | ||
| Your dad and I have talked about trying to cut the budget deficit in half to get it down to 3% by the end of his term, and the market will like that. | ||
| We go back to U.S. | ||
| energy dominance, and the oil prices go to dollars and then we deregulate because the thing that | ||
| really killed the Biden economy was they had the big shock from government spending | ||
| but then they increased regulation and inflation popped. We're gonna get | ||
| all of that regulation gone. Scott really appreciate you being on here | ||
| really appreciate all your help and your knowledge and look forward to hopefully | ||
| having you in the next administration. Well thanks for all you do. Well guys | ||
| with that we're gonna go to Jason Trennett also gonna keep sort of the economic | ||
| thoughts going on because again it it is a huge component of this and in the | ||
| time that we've had you know the craziness that we've experienced over the last | ||
| 56 hours we still have you know a hundred and something days till we | ||
| get to the So Jason, where are your thoughts on the economy, what we can do, how we're going to fix this, and where it goes if we don't win this election? | ||
|
unidentified
|
Well, I agree with so much of what Scott said. | |
| He's a good friend of mine, and listen, we are reaching a point at which, and I think, frankly, Secretary Yellen has really been very much responsible for the fact that we've been able barely to get away with massive fiscal mismanagement and so there's absolutely no coordination between monetary and fiscal policy right now it seems to me that has to be job number one at the fiscal and monetary policies aligned with one another and we have to stop spending money that we don't have it's it's easier said than done but the permanent state is fighting a tooth and nail uh... and that's the way you solve i would also say | ||
| The inflation problem, because there's a lot of waste, as we know. | ||
| Productive investments, productive spending doesn't increase inflation. | ||
| Unproductive spending does. | ||
| Yeah, the waste is a big one. | ||
| I mean, I was literally going to start writing a book about it and then just got crazy. | ||
| But the amount of money that we spend for nonsense, for people who hate our guts, for things that aren't productive, is truly insane. | ||
| I think we're going to break in a few seconds. | ||
| So I think when we come back, we'll come back with that. | ||
| After that, we're also going to have Kash Patel. | ||
| So guys, I need everyone to stick around. | ||
| We'll be back in a couple of minutes and we'll finish up with Jason Trennant. | ||
| Bring on Cash and have a great time. | ||
| time in a few seconds. | ||
|
unidentified
|
Here's your host, Stephen K. | |
| Band. | ||
| Well, guys, we are back. | ||
| I am not Stephen K. Bannon. | ||
| He's much more handsome than I am, but I'm here with Jason Trenner. | ||
| We're talking about the economy. | ||
| Talk a little bit about what you were talking about, because you see all the guys, you know, on TV talking. | ||
| We're getting inflation under control, but you sort of created an index that really measures actual inflation, what everyday Americans feel when they go in a grocery store or whatever it may be. | ||
| Talk a little bit about that, because it's so different than numbers we're told. | ||
| By the mainstream media and the usual liars. | ||
|
unidentified
|
Well, it's incredible. | |
| New York Times and other outlets have really written a number of pieces saying, don't believe your own lying eyes. | ||
| Inflation's fine. | ||
| One of the things we created is called the Common Man CPI. | ||
| And the Common Man CPI only includes things people must buy. | ||
| So Core CPI excludes food and energy. | ||
| And, you know, I would say food and energy is pretty core for most people, right? | ||
| So we just include food, energy, shelter, children's clothing, insurance, and utilities. | ||
| And what we found is that it has surpassed the headline number reported by the government in 36 of the 41 months of the Biden administration. | ||
| And it is running at 3.3% as opposed to 3% in the last configuration. | ||
| More importantly, it has surpassed wages by 7% over the past three years. | ||
| In your dad's administration, wages surpassed the common man's CPI. | ||
| In the Biden administration, wages have undershot the common man's CPI by about 7%. | ||
| So the average person, the common man's standard of living, has deteriorated by 7% over the past three years. | ||
| That's why despite the fact that the stock market's hitting new highs, no one feels good about it. | ||
| Yeah, I remember. | ||
| This was a couple months ago. | ||
| Paul Krugman did this article. | ||
| No, no, no. | ||
| Inflation is really great. | ||
| And then I'm looking at the chart and I'm like, it doesn't make any sense. | ||
| Listen, if I'm pissed off when I go to a grocery store with my children, like the son of a billionaire from Manhattan. | ||
| If I'm like, I don't know, it feels really expensive. | ||
| If that's hitting me, it's got to be crushing everyday Americans. | ||
| And I saw this thing and I'm like, what is he talking about? | ||
| And then I read it and there's a little asterisk. | ||
| If you take out, it was energy, food, housing, and transportation. | ||
| We're doing great. | ||
| I don't know, like, what else is there? | ||
|
unidentified
|
Only PhDs from the coasts could actually think that is a relevant... It's so intellectually dishonest. | |
| It's so intellectually dishonest, and it's something, again, that makes sense for intellectuals, but it doesn't make any sense for most of us who are just trying to get from one day to the next, certainly. | ||
| As an intellectual, as someone who does it, make it make sense to me. | ||
| How on earth can you, why would you even measure inflation without those things in it? | ||
|
unidentified
|
Listen, the only reason why the economy is not in recession right now is because we're spending money as if we're in recession. | |
| We're running a budget deficit that's 7% of GDP with about a 4% unemployment rate with a very low labor participation rate. | ||
| But we've never spent this much money, this kind of deficit, when the unemployer has ever been below 7%. | ||
| So, of course you could say, well, we're not in recession, but we're spending money. | ||
| What would happen if you actually did go into recession? | ||
| All the automatic stabilizers, unemployment insurance, welfare, food stamps, all those things would explode. | ||
| We're not leaving ourselves any room whatsoever. | ||
| Should an unfortunate event happen in the global economy, the deficit would be 10% of GDP. | ||
| And then, as Scott said, that becomes, it is already a national security issue. | ||
| Interest expense is going to exceed defense spending, as Scott said. | ||
| It will exceed Medicare spending next year. | ||
| And, unfortunately, this administration is funding a lot of it short-term. | ||
| Well, that's the game. | ||
| I feel like, whether it was with the college loans, like, who cares if the Supreme Court says it? | ||
| They're buying whatever votes they can. | ||
| They're trying to keep it afloat. | ||
| But we're spending money we don't have for a short-term goal that is, frankly, a big negative for the country. | ||
|
unidentified
|
Right, eventually, debt is just borrowing from the future. | |
| Debt is not necessarily bad if it's used for a purpose. | ||
| It depends on if you're spending, if you're wasting it. | ||
| If you're actually making productive investments, or if you're doing something that creates, increases the capital stock of the country, that takes care of inflation itself. | ||
| Productivity takes care of inflation. | ||
| Right now, you're literally just dropping money out of helicopters, and that's why inflation, in my opinion, is turning out to be a lot stickier than people had suspected. | ||
| Well, Jason, great to have you on here. | ||
| Really appreciate your thoughts. | ||
| Guys, we're going to be going now with the one and only Cash Patel. | ||
| We're going to do one more segment. | ||
| I got to go and do my triggered podcast, but we're going to do a quick switch out and get Cash in here. | ||
| What's going on, buddy? | ||
| I know I saw you briefly yesterday, sort of in passing, running between interviews. | ||
| It's a little bit of a zoo, but we haven't even had a chance to kind of catch up. | ||
| I mean, you're a guy that's been involved. | ||
| You're a guy that's been sort of in the intelligence world. | ||
| How did what happened this weekend happen? | ||
| How is that allowed? | ||
| It's, yeah, and I wish we were catching up on different settings, but this is the reality. | ||
| I mean, the reality is the President of the United States, your father, they didn't shoot at him, they shot and hit him at a rally for the presidency of the United States of America in 2024, not 1824. | ||
| And how that happens is a systemic failure, but I also don't want to be the guy that gets ahead of a righteous investigation. | ||
| I want to know what happened. | ||
| I wrote an op-ed in OutKick today saying the stages and steps that Congress and Republicans take to actually allow for an investigation. | ||
| Are we really going to rely on the FBI and DOJ who framed your dad? | ||
| Someone asked me that earlier today in another interview. | ||
| They're like, well, would you trust the FBI? | ||
| I trust the FBI. | ||
| That would be the last agency I'd ever trust to do this right. | ||
| These are people that call concerned parents at PTA meetings domestic terrorists because that's what they actually think. | ||
| Not all the door kickers, I get that. | ||
| But there are arresting guys who are Amish farmers who sell unpasteurized milk rather than going after actual bad guys. | ||
| What needs to get done there? | ||
| How do you form that kind of committee? | ||
| How do you do it in a reasonable amount of time? | ||
| And how do you stop them from lying to the American people about it? | ||
| Look, it's really simple. | ||
| We have to remind Congress that they are a coordinate, co-equal branch of government. | ||
| They are not subservient to the FBI and DOJ. | ||
| Actually, per the Constitution, the DOJ and FBI report to Congress and the House of Representatives. | ||
| So what you do is you get the Speaker to stand up an immediate special committee and not bend the knee to Merrick Garland and Chris Wray, like they have with the subpoena for Joe Biden's videotapes. | ||
| They've ceded that ground. | ||
| They can immediately issue document requests. | ||
| And also, what we have now is a public will to find out how a President of the United States who's running again for President of the United States was shot. | ||
| That has never happened before. | ||
| That can pierce through every animosity in Washington, D.C. | ||
| It can be a unifying factor to discover the truth. | ||
| But if House Republicans just want cheap headlines and want to do interviews, we're never going to find out the truth. | ||
| I think the American people deserve the truth. | ||
| That's what the op-ed's about, and I also offered... I would run it for them for free. | ||
| If they wanted to. | ||
| I would love to see that. | ||
| You think there's a chance that that happens? | ||
| I offered it! | ||
| Yeah, because when I first got the news, right, it was 90 minutes before I found out anything about what actually happened. | ||
| I mean, I got a call. | ||
| Kim Coulter's like, your dad's been shot. | ||
| I'm like, wait, what? | ||
| I need more than that at that time. | ||
| I was, uh, but then, you know, so I'm going through it. | ||
| You start seeing the video. | ||
| I'm like, okay, well, it must have been someone from a thousand yards out or something like that. | ||
| And maybe that explains... Well, you're a hunter. | ||
| You know this well. | ||
| Well, I also, I come from a competitive shooting background. | ||
| I've, I've had a secret service detail. | ||
| I've been around my father's day. | ||
| Like, then I'm like, the shooter was at 140 yards. | ||
| I'm like, wait, what? | ||
| And these are questions that have to be asked of not just secret service. | ||
| That's gonna be conspiratorial even. | ||
| It's like, That doesn't happen. | ||
| No. | ||
| How does he get on that building? | ||
| Who lacked in the ability to see that and to surveil that situation? | ||
| And then also there needs to be internal accountability in terms of we now know, and you and I both know this from being on the inside, that there had been repeated requests for augmented protection for your father for years. | ||
| Not weeks. | ||
| Years. | ||
| Years. | ||
| And now he's the presumptive nominee. | ||
| He was then. | ||
| He was really since January, frankly. | ||
| But that's also a time where things automatically get stepped up, and it doesn't feel like they did. | ||
| No, they didn't. | ||
| They don't have it now. | ||
| They do have RFK, obviously. | ||
| But they didn't for your father because it was a political decision, I believe, by DHS leadership and Secret Service leadership to say, we're not going to do that for your father. | ||
| And you can only cover so much ground with only so many manning power, right? | ||
| You can have a... If you have ten Secret Service agents, there's only so much you can do. | ||
| If you only have access to so many local authorities and cops, there's only so much you can do. | ||
| It is a massive lift to protect the President of the United States and move him around the country, especially when your father receives the attention that he does and the galvanizing force that he is. | ||
| They knew that. | ||
| They put in the request. | ||
| My major hurdle that I want to overcome is why and who specifically declined it. | ||
| Now, the Secret Service came out with a statement. | ||
| They said, That's a lie. | ||
| Okay, well, having been in government, and you having been around it, you know this very much. | ||
| If the Secret Service put in a detail request augmentation, it's been papered. | ||
| That document exists. | ||
| Somebody looked at it. | ||
| It's not that hard to go find it, and that's what Congress has to do, and not to come out with a political answer, but to show America that document. | ||
| To show them who continues to lie and weaponize justice, especially at the expense of your father's personal well-being. | ||
| What are you seeing around the floor here over the last couple days at the RNC? | ||
| I mean, I've never done one of these, so I'm new here. | ||
| First timer. | ||
| So what I saw was people across all political spectrums enter the RNC this week for your father. | ||
| And what I saw in the arena last night when me and the state of Nevada committed all our delegates to him was this unifying power that I was not That I had seen before, but that witnessing it first hand in that level of capacity, and then when your father walked into the arena, I mean, forget the UFC fight that he walked into. | ||
| I checked myself on Twitter, people are like, Don Jr. | ||
| looks like he's tearing up. | ||
|
unidentified
|
I'm like, I wasn't crying, I was allergic. | |
| I looked down too, I was like, no. | ||
| There was no tears. | ||
| I got a bunch. | ||
| There were no tears. | ||
| No, it's emotional, and it should be. | ||
| And that's, I think, the power that your father has captured across so many different aspects of the country. | ||
| And that was presented on full display in the speakers last night. | ||
| I mean, you're talking, you had Teamsters guys there, you had Amber Rose there, you had all these individuals and everyday Americans who are coming out and saying, Latino women there, saying, we'd never voted for Donald Trump, we voted for Joe Biden, we're all in for President Trump. | ||
| And it's nothing more than that your father has delivered accountability for the American people, and they are craving it now more than ever. | ||
| Yeah, it did feel very different. | ||
| I remember, I mean, my first convention was 16 and, you know, 20. | ||
| It was sort of, you know, digital. | ||
|
unidentified
|
Yeah, COVID. | |
| It was kind of like, it was, it's actually hard to sort of give a speech to an empty room, right? | ||
| But, you know, at 16, I remember, you know, there was still almost like a delegate fight still going on at the convention. | ||
| You know, he's now become like a dear friend of mine. | ||
| But, you know, Senator Mike Lee and I almost got in a fistfight on the floor. | ||
| I walked in there yesterday. | ||
| I was there when my father came in and I saw something different. | ||
| I mean, grown men, you'd look and you'd see them welling up. | ||
| It was an emotional moment. | ||
| A powerful message of unity. | ||
| You just felt it. | ||
| And I think that's a huge change going forward. | ||
| And I think the unifying factor is behind the leadership of your father, obviously, but the unifying factor that I'm talking about today is simply the truth. | ||
| I believe your father has delivered the truth to the American people in all sorts of forms, whether it's internally at government or overseas or across America in private entities. | ||
| He has shown them the power of the truth, and that is a unifying factor and force that is more powerful than anything else. | ||
| And there's been only one man I've ever met in government service that can ever wield it, and it's been DJT. | ||
| And so I think Americans are coming in and saying, he was right. | ||
| He was unlawfully surveilled. | ||
| He was right. | ||
| The election was rigged when they took away the facts from us and talked to us about Hunter Biden's laptop and 51 intel letter and lied about those two things. | ||
| He was right all of these times and the mainstream media lied about it. | ||
| And so I think you saw an emotional response to that to say people acknowledging internally, we were wronged. | ||
| We were lied to. | ||
| We based our decisions on that and we're not going to let that happen again. | ||
| Well, I think a lot of people also saw him come up after being shot. | ||
| Amazing. | ||
| I mean, defiant in the face of fire, literally. | ||
| I've never been more fired up. | ||
| Everyone thinks they're a badass, right? | ||
| Everyone's a tough guy on the internet these days. | ||
| I think Mike Tyson said it best. | ||
| Everyone's gotten a little too comfortable talking shit online without being punched in the face. | ||
| It's a little different. | ||
| And yet, that was a moment where I think people were like, you know what? | ||
| I may not love everything about him, I may not like the mean tweets, I may not, but that's someone who can stand up for America on a world stage. | ||
| That's someone who can actually bring peace and prosperity. | ||
| You compare and contrast that to Joe Biden, it's two very different messages. | ||
| No, look, I mean, I went from the lowest of lows to the highest of highs in about a 17 second span. | ||
| Watching your father get shot, and obviously I'm doing it not as a family member, I can't even imagine what you guys were going through. | ||
| And then to watch him. | ||
| Tell the Secret Service to wait, put his fist up in the air and say, fight, fight, fight, and have the crowd not disperse. | ||
| No one ran. | ||
| It was sort of amazing. | ||
| There is not a warrior on earth or in this universe that could do what your father did on that day and come back here to the RNC in person and show up 48 hours later. | ||
| I agree. | ||
| Guys, it was great hosting you. | ||
| I got to run because I got to go do my Triggered podcast, but I had to Come here, do war room. | ||
| I know you're staying on with Maureen. | ||
| We're going to commercial break in a couple of seconds. | ||
| Stick around. | ||
| And then when these guys are done, tune in and watch me. | ||
|
unidentified
|
Government gangsters are the group of individuals. | |
| Career bureaucrats who have been installed by what we call the deep state. | ||
| Into every agency and department in the United States government. | ||
| What do you think of the way that the intelligence community handled the so-called Russia dossier? | ||
| And overall, how do you think of the way they've handled Donald Trump? | ||
|
unidentified
|
Let's go, let's go! | |
| So you're live in the War Room with Maureen Bannon, filling in for my dad, Stephen K. | ||
| Bannon, and we just saw an amazing trailer for a new movie, Government Gangsters, and | ||
| I'm here with Kash Patel. | ||
| Kash, where can the audience see this movie? | ||
| So I'm proud to announce, in partnership with your father, and War Room Studios that we are going to be premiering the worldwide premiere of Government Gangsters right here at the RNC on Thursday. | ||
| Doors open at 2 p.m. | ||
| on Thursday at the Miller High Life Theater and it is free so everyone should come watch the best-selling book be turned into a best-selling movie by your father. | ||
| And if they aren't in Milwaukee or the surrounding area, where can they see this movie? | ||
| Well, I think we're going to offer it to them on warroom.film. | ||
| You can actually pre-order right now. | ||
| Sales are going through the roof, but we want everyone to see it because your father and his team did such a fabulous job putting this together in such a short period of time. | ||
| So give us a little bit of background about the movie and what made you want to make it into a movie. | ||
| I did not. | ||
| Enter Stephen K. Bannon. | ||
| So I did not want to write a book. | ||
| I wrote a book. | ||
| And of course, thanks to President Trump, it became a bestseller. | ||
| And the mission of the book was to expose the deep state and the people that were involved in the deep state and who they talked to in and outside of government. | ||
| And then most importantly, offer solutions to how to fix it. | ||
| So President Trump called it the roadmap for 2024 and the blueprint for taking out the deep state. | ||
| I was very honored by that. | ||
| And then your dad, when I started doing War Room, was like, we're making this new movie. | ||
| I was like, no, we're not. | ||
| He goes, just listen, this is what we do. | ||
| And he hired a brilliant team and Matt Taylor and Dan Fluitt. | ||
| And these guys came in and captured the images, some of what you just saw, and tried to visualize what the book's pages were about. | ||
| Remember, this was a book that Joe Biden's administration took 10 months blocking its release. | ||
| We had to sue him in federal court. | ||
| So you got to understand the mission we went through just to get it out and the courage these guys had to put this thing together in 108. | ||
| We literally finished it, unfortunately, as your father was turning himself in as a political prisoner, but I'm proud and honored to dedicate the movie to him. | ||
| And I know he's truly honored for that. | ||
| And also, I believe that he has a little part in the premiere on Thursday. | ||
| Now, I might be giving a teaser, but he might, if you want to see a little bit. | ||
| Live from Danbury. | ||
| Well, I don't know about that. | ||
| No, I know. | ||
| But if you want to see Stephen K. Bannon, I would highly encourage you not only to get to the premiere for that, but also it's an amazing movie. | ||
| So you definitely need to get out there and see it. | ||
| And once again, if you're not in the Milwaukee area, Warroom.film. | ||
| Warroom.film. | ||
| You can go there right now and order it. | ||
| As many copies as you want. | ||
| You can rent it. | ||
| You can buy it. | ||
| We're going to do a lot of premieres around the country. | ||
| We're going to Dallas. | ||
| We're going to Austin. | ||
| We're going to be going out west. | ||
| My home state of Nevada. | ||
| I'm sure we'll go to Florida. | ||
| Maybe we'll do a screening right outside Danbury too. | ||
| I think that would be truly amazing. | ||
| I think the citizens of Danbury would really love it. | ||
| Maybe even the inmates. | ||
| A little bit different from the movie, but last night, what did you think about President Trump coming out last night and also picking J.D. | ||
| Vance as his VP nominee? | ||
| Yeah, I mean, President Trump's resolve and determination to win for this country is unbelievable. | ||
| It's cosmic. | ||
| There isn't a single person in this universe that can do what he did. | ||
| He didn't get shot at, he got shot. | ||
| And he didn't go down, he stood up. | ||
| And he didn't bow out, he showed up. | ||
| He entered the arena last night like, you know, a Roman gladiator entering the Coliseum. | ||
| I've never, I mean, I've been to UFC fights, I've been to World Championship sporting events. | ||
| I've never seen an entrance like that. | ||
| And I think that was reflected in not just his ethos, but in his decision to pick JD Vance, an incredible young warrior of the America First movement that I think can carry on with Donald Trump what he's been doing these last, I guess it's almost a decade now, and I was so thrilled that he picked an individual who is not going to Rewrite the MAGA platform, but it's going to augment it and going to go out there and champion for it every single day and going to go fundraise. | ||
| Yes, we need that. | ||
| And most importantly, when they get to the White House together, they will work as a team, unlike the last White House administration, where Donald Trump, who was the duly elected commander in chief, was kneecapped at almost every step by half of the White House. | ||
| And that's just what we can't have again. | ||
| So I was thrilled knowing J.D. | ||
| that, you know, the team that they are going to represent is going to be awesome. | ||
| So in between now and the premiere, where can the posse find you? | ||
| I guess on the show here and at Truth Social at KASH. | ||
| But you can find me running around the RNC to just talk about the president's mission, what he's accomplished and what he's going to do for the American people anywhere and everywhere here in Milwaukee. | ||
| And once again, I highly encourage you if you are here at the RNC to go to the premiere on Thursday. | ||
| And it is at what? | ||
| Miller High Life Theater. | ||
| So it's inside the perimeter. | ||
| So as long as you have a credential, you can literally show up. | ||
| Doors open at two. | ||
| We may have a couple of surprises, a couple of surprise guests, and then we're going to rip the film and then we're going to roll into the greatest RNC convention with Donald Trump being anointed the presidential candidate for the Republican Party. | ||
| So once again, I highly encourage you to go see the movie, and if you're not here, to go online and check it out. | ||
| And we also have Mike Lindell here with us. | ||
| Mike, I know my dad has said, in order to support him, support our sponsors. | ||
| So how can we support MyPillow? | ||
| I promised your dad when he went in. | ||
| This is our political prisoner special, exclusive to the War Room. | ||
| We came out, it was just this week now, with this My Mattress Topper. | ||
| This is the most affordable mattress topper in history. | ||
| We spent about six months developing it. | ||
| This is a queen size for $99.98, king size for $119.98. | ||
| This is the MyPillow patented foam in a solid piece, and then just on the queen alone, there's 14,000 individual comfort supports. | ||
| You guys turn any bed, new bed, old bed, Every bed in your house into the best bed ever that you can get the quality sleep we need for such a time as this. | ||
| You got call 1-800-873-1062 support all my employees so it's a win-win-win go to the go to the war room go to the war room special you go to my pillow and go down The Political Prisoner Special. | ||
| The Political Prisoner Special, that's right. | ||
| Let's give Steve all the support we can. | ||
| You guys, we broke records last week. | ||
| Let's keep breaking them. | ||
| It's a win-win-win. | ||
| You support my employees and company that gets attacked, you support The War Room, and you support yourself by getting these great products that support your sleep. | ||
| I wish that he could take a MyPillow in there with him. | ||
| I think maybe if he's up for visitors, you should try it. | ||
| I've been in jails before. | ||
| They don't allow any pillows in, especially MyPillows. | ||
| They don't want you to get a good night's sleep and they know you'll get a good night's sleep with a MyPillow mattress topper and a MyPillow. | ||
| You're exactly right. | ||
| Mike, what do you expect from the convention this week? | ||
| I'm really excited because it's going to be a great uniting. | ||
| This is all about uniting. | ||
| All people. | ||
| Not just Republicans. | ||
| People are out there watching and they're getting, wow, common sense solutions to the problems we all have. | ||
| And this is what our great real president is all about. | ||
| And he's a great uniter and that's what he's been and it's going to be more pronounced now than ever before in history. | ||
| I definitely agree with you, and between now and the next time you're on, where can the posse find you? | ||
| You guys, we have Prank Speech. | ||
| You can go to PrankSpeech.com, check it out. | ||
| There's another voice out there that we need our voice to get bigger and bigger and bigger. | ||
| We've got Rudy Giuliano that came over now. | ||
| He's one of our new hosts, and he's hosting all night tonight, and you guys will just see, it's a great show. | ||
| And I think that we have the trailer going out for Government Gangsters. | ||
| So Denver, can you roll the trailer, please? | ||
|
unidentified
|
Government gangsters are the group of individuals, career bureaucrats, who have been installed by what we call | |
| the deep state into every agency and department in the United States | ||
| government. | ||
| What do you think of the way that the intelligence community handled the so-called Russia dossier? |
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