Aug. 24, 2024 - Bannon's War Room
48:54
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. | ||
| You're not going to free shot all these networks lying about the people. | ||
|
unidentified
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The people have had a belly full of it. | |
| I know you don't like hearing that. | ||
| I know you've tried to do everything in the world to stop that, but you're not going to stop it. | ||
| It's going to happen. | ||
| And where do people like that go to share the big line? | ||
|
unidentified
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MAGA Media. | |
| I wish in my soul, I wish that any of these people had a conscience. | ||
|
unidentified
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Ask yourself, what is my task and what is my purpose? | |
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
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War Room. | |
| Here's your host, Stephen K. Bowne. | ||
| Welcome back to the War Room. | ||
| I'm your host, Royce White, here in the belly of the beast, Minneapolis, Minnesota. | ||
| I'm sorry I misspoke. | ||
| We don't have Dave Brat. | ||
| We have another special guest, a friend, and comrade of the war room, the great Naomi Wolf, Dr. | ||
| Naomi Wolf. | ||
| I was just telling Dr. Naomi Wolf over the break how I had a New York Times reporter call me and say, | ||
| you and Naomi Wolf's journey seem very similar going from one place in your history to where you are today. | ||
| And I go, well, I wouldn't necessarily say... | ||
| Wolf, I gotta say, okay, I'm on board. | ||
| But, you know, I appreciate, I'm a fan. | ||
| This is the first time I think we've spoken. | ||
| What an incredible forum to do it in here on The War Room. | ||
| It's where I've seen your work a lot, so I'm happy and honored to be here with you. | ||
| Tell me a little bit about what you think this RFK news, what it signals, you know, what the implications are for this election, but also the movement as a whole. | ||
| We're building these coalitions now. | ||
| What do you make of all of this? | ||
| I'm beyond thrilled. | ||
| I think we've gone from a sinking ship situation to a victory ready situation. | ||
| You know, if the principals take a few simple steps between now and November. | ||
| And it's an alliance that I've been advocating for for at least six months. | ||
| Most recently in an essay I wrote last week in which I pointed out that without RFK Jr. | ||
| joining forces with President Trump and Vance, there wasn't the math in my view to win, even if all the base turned out. | ||
| And the reason is that pesky situation that every presidential campaign has to deal with, which is neither side can win without battleground states and specifically swing voters in battleground states. | ||
| Always tend to be suburban white women who are fiscally conservative and socially liberal. | ||
| And there's just no way around that math. | ||
| But, and there's also the cheating factor. | ||
| So even if Trump did as well as he could possibly do with his existing supporters, I don't see those swing voters migrating to him under, with the chessboard as it was early this week before RFK Jr.' 's announcement. | ||
| You add RFK Jr.' 's announcement of joining forces with President Trump. | ||
| I don't like to say supporting because I think it's more accurate and respectful to say it's an alliance or a coalition. | ||
| And then you've got his, I would say easily 10 percent of the electorate who are all those swing voters, disaffected Democrats like me, moderates, independents, people without labels, moms with injured children, health freedom activists. | ||
| Just stubborn patriots without labels. | ||
| And you've got this, you've got 60% of the vote with that critical swing vote, especially, I promise I'll stop talking, but especially the way RFK Jr. | ||
| spelt it out in his statement, where he brilliantly said, look, you can vote for me in a blue state, you know, go ahead. | ||
| But in the swing states, the battleground states where it really matters, don't vote for me, vote for President Trump. | ||
| It's super smart. | ||
| Yeah, well, and amen. | ||
| God bless him and God bless you. | ||
| And again, you know, making this walk, well, let's say this first. | ||
| What I think the real signal from the noise and what RFK brings to the conversation | ||
| is this objective critique of what's happened to health, overall wellbeing and general wellbeing, | ||
| health freedom, but just being healthy in this country. | ||
| We have a health epidemic and that kind of, and these issues gets lost | ||
| in the women's reproductive rights and mental health, the LGBTQ and black folks | ||
| not having access to all these other kind of, you know, tertiary things, | ||
| but just we live under a health crisis and epidemic that is state sponsored, that is corporate sponsored. | ||
| And I know a lot of your work has drawn criticism of the same thing. | ||
| What do you make of that portion of what RFK brings to Donald Trump on this ticket? | ||
| I think, you know, well said, because it's not just a partisan advantage, right? | ||
| He brings so many things that stabilize this ticket and draw in all of America. | ||
| And, you know, just in time, because the Harris Walls ticket through the kind of magic fairy dust of the message team of the DNC with which I used to work decades ago. | ||
| So I know how they operate. | ||
| They've managed to stabilize that ticket through, you know, I mean, sawdust and tinsel, right? | ||
|
unidentified
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It's very good at it. | |
| So Trump fans needed something And this is so critical. | ||
| There are so many things, but you identified it really well. | ||
| Health issues have been subjected to, A, nonsense, right, as we saw with the whole rollout of lies, venal, sinful, evil lies related to the mRNA injection, which has disabled so many, killed so many, and sterilized millions. | ||
| There's a collapse in live births. | ||
| In America and in the West, and directly due to this injection, which they knew would happen. | ||
| And I just interviewed Dr. James Thorpe, the obstetrician, who said that the babies being born are not doing well. | ||
| They have mRNA injection-related problems, as do the moms. | ||
| So that, you know, that's something that has sailed public health and RFK Jr. | ||
| has been way out front, the leader, really. | ||
| In addition, I would say that the Daily Cloud team and CHD in Letting the world know how evil and venal, you know, this rollout is and how evil and venal Dr. Fauci specifically is. | ||
| So he can clean that up, but you've just identified something so powerful, which is public health itself has been subjected to identity politics, right? | ||
| The whole list. | ||
| Abortion, women's issues, you know, African Americans in You know, the inner city is not getting access to health care, LGBTQ stuff, it's all fragmented in a way that is a symptom of the disease of the fragmentation of our country. | ||
| And the bottom line, which RFK Jr. | ||
| sees so well, is that A, we're not all these different groups, right? | ||
| We're one America, right? | ||
| We need to remember that. | ||
| It's not that people don't have challenges related to race and gender and sexuality, | ||
| but underlying everything, we are one America. | ||
| And public health, well-being, if you're diabetic, it doesn't matter to you and your | ||
| family if you're diabetic because you live in this neighborhood | ||
| or because of systemic racism or because of whatever. | ||
| You're diabetic and you need help if your child is obese. | ||
| It doesn't matter, you need help. | ||
| You need a healthy food supply. | ||
| And well, yeah, and the fact that it's so, that the health epidemic, | ||
| and what I think RFK laid out so well is that the health epidemic and crisis in this country | ||
| is so inextricably linked from corporate elite rule. | ||
| And that your same corporations that are the unadulterated sponsors and subsidizers of this Democrat party and their agenda, these are the same corporations that set the policy and sold the products A lot of the products that have this country the way that it is. | ||
| I mean, look at the food industry and, you know, the food, I kind of say the food, you know, food is part of the medical industrial complex because that, yes. | ||
| So, you know, but who do they think's been in charge? | ||
| And this brings me to another question for you, Naomi, and it's regards to RFK and environmentalism. | ||
| And what I said earlier on my show and in the first hour of War Room was, This environmentalism issue. | ||
| Let's just take this off the board for these people, you know, because I don't see us as being a movement that doesn't want a clean environment. | ||
| We want clean air. | ||
| We want clean water. | ||
| We want more trees. | ||
| That's fine. | ||
| We just don't want you to tell us that our American farmers can't farm cattle. | ||
| We just don't want you to tell us that carbon is the great plague of the planet, which would have implications for us as carbon-based life forms. | ||
| We don't want any of that. | ||
| But we don't need to kowtow that, you know, we're going to fight environmentalism Root and branch? | ||
| No, no, no. | ||
| And RFK Jr. | ||
| played a significant role in cleaning the waters. | ||
| I mean, how do they find him as an enemy? | ||
| I mean, how does this square for the Democrats that RFK is an enemy to the people or to the party? | ||
| He cleaned the water! | ||
| I mean, you keep asking reasonable questions, and I think we have to face the fact that the propaganda is so heavy and so distorted in legacy media that it's entirely marginalized, maybe Five years ago, people in my former world remembered that R.K. | ||
|
unidentified
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Jr. | |
| cleaned up the Hudson, you know, through Riverkeeper. | ||
| That was his achievement, huge achievement. | ||
| You can swim in the Hudson River now. | ||
| They're fish again. | ||
| You know, it's an incredible achievement. | ||
| But that's been completely wiped out by the relentless legacy media propaganda that he's a misinformation peddler and a conspiracy theorist and, you know, bad to women and has a past. | ||
| His, I mean, on and on and on and on. | ||
| So, um, that's been thoroughly erased, you know, put down the memory. | ||
| Is this an issue that we can, is this an issue that my question is, is this an issue where we can bring some of those Democrats over yet still that are even on the environmental side of this political divide through RFK? | ||
| Does he help us with that as well? | ||
| Or do they not even believe he's an environmental friendly? | ||
| No, they well, like which environmentalists. | ||
| So first, let me speak to the just the Republican platform. | ||
| I've been arguing for quite a while that Republicans don't get mad at me. | ||
| If they want to win, they really need to dial down the language that sounds homophobic, you know, classical conservatism. | ||
| You know, Reagan, Bush Jr., Bush Sr., they didn't single out gay people as the enemy. | ||
| It was a very big tent. | ||
| It was very inclusive. | ||
| So I think bringing that back is important. | ||
| And also there have been Republican environmentalists, you know, all the way back in our nation's history. | ||
| And Trump and his whole team need to present a Republican Environmental vision and it doesn't have to be closed down Detroit. | ||
| It doesn't have to be turn over our whole grid to Chinese solar. | ||
| It literally can be just said, who doesn't want clean air, clean water? | ||
| All of these things are doable. | ||
| You know, cleaning up our cities, just a healthier environment for ourselves and our children, protecting the national parks, you know, protecting green spaces in our cities. | ||
| All of this is very doable, making it easier to take Public transportation, right? | ||
| I mean, maybe you can't do that before the election because of Detroit, but there are many, many very wonderful ways to support a Republican, truly conservative environmental platform instead of policies. | ||
| And I urgently think Trump needs to do that and embrace it. | ||
| And certainly RFK Jr. | ||
| is going to be reassuring And I wrote this in my essay and on social media. | ||
| He will reassure not every environmentalist because a lot of them hate him still for criticizing the vaccine because they're insane at this point related to the vaccine. | ||
| But two to three, two to three we can get. | ||
| Two to three of the environmentalists. | ||
| And if we get two to three of the environmentalists, we get two to three of the black voters, we get two to three of the feminists, we get two to three of the LGBTQ, we got that coalition. | ||
| You would say that that coalition gets us across the finish line in November, mathematically. | ||
| Totally mathematically. | ||
| And Trump has to win by 60% because he has to outdo the cheating that the Democrats are clearly planning through absentee ballots. | ||
| But I want to say one more thing, if I may, which is really important. | ||
| And it's chiming in with what you said before I came on about abortion. | ||
| I know a lot of conservatives, especially religious conservatives, are very worried about kind of losing the soul of conservatism with coalition building. | ||
| And I respect that. | ||
| I respect The commitments of people of faith around all of these issues. | ||
| I just want to say to your side, just like I said when I was Democratic political consultant to that side, a presidential, a winning presidential campaign is not a therapy session. | ||
| A winning presidential campaign is not a Christmas wishlist where you get every single thing you want. | ||
| In order to win, you have to, Except that you are not going to get all your dreams realized, every wish come true. | ||
| It's not going to happen if you want your person to actually win. | ||
| But that's quite beautiful because what reaching out to 60% of the voters means is that the candidate is forced either side. | ||
| I did this with Gore 2000. | ||
| I did it with Clinton's advisor. | ||
| Either side has to reach out to what unifies us as Americans, what we worry about as Americans. | ||
| Yes, Naomi. | ||
| I couldn't agree with you more. | ||
| The most grown-up, adult, mature thing we could do is be realistic about what gets us across the finish line. | ||
| That's what Steve would want. | ||
| Naomi, we appreciate your time so much. | ||
| Thank you. | ||
| Stay through to the other side of the break. | ||
| I want people to know where they can get connected with you. | ||
| For the rest of you out there, we're going to go to break here in a moment. | ||
| The great Naomi Wolf, we're going to have her back on the other side of the break. | ||
| Stay tuned. | ||
|
unidentified
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We'll be right back. | |
| Spread the word all through Hong Kong. | ||
| We will fight till they're all gone. | ||
| We rejoice when there is no more. | ||
|
unidentified
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Let's take down the CCD. | |
| Americans are tired and frustrated by a stalling economy, inflation, endless wars, and the relentless assault on our values. | ||
| Thankfully, there are companies like Patriot Mobile that still believe in America and our Constitution. | ||
| They're on the front lines fighting for the First and Second Amendments, sanctity of life in our military and first responder heroes. | ||
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| Welcome back to the War Room. | ||
| I'm your guest host, Royce White, here in the belly of the beast. | ||
| And I want to bring Naomi back up. | ||
| We give you a chance to tell people where they can find you on social media before we let you go. | ||
| We definitely appreciate your time. | ||
| Let people know where they can connect with you. | ||
| Please, Naomi. | ||
| Thank you. | ||
| I appreciate that. | ||
| I was just getting a notification that births in the U.S. | ||
| declined 2% in 2022 and 3% in 2023. | ||
| So we're definitely under attack. | ||
| So in light of this and other illnesses that we're all being subjected to, I really want to ask people to support us and support the War Room Daily Cloud Coalition in producing the Pfizer Papers book by going to Amazon, sadly that's where we have to start because it really matters, making a book a bestseller, and ordering or pre-ordering the Pfizer Papers, that red book in the lower left-hand corner that you see there. | ||
| That's an incredible way to support War Room, it's an incredible way to support Daily Cloud. | ||
| It's also an incredible way to keep your family alive and well and knowledgeable because it breaks every headline of how these mRNA injections were designed to hurt us. | ||
| So it's step one in healing us and get an extra copy for your doctor. | ||
| Thank you, Naomi. | ||
| We appreciate your time and I appreciate your work and The War Room appreciates you as always. | ||
| Thank you so much. | ||
| Dave Brat, I got Dave Brat, the great Dave Brat up next, and we are going to talk a little bit here about my theory of the case when it comes to this country and our soul and this movement and Christianity, and then I'm going to toss to you and let you do your thing with Birch Gold for the last half hour. | ||
| It's a great honor, sir, to be here to co-host this episode with you. | ||
| I'm a huge fan of You know, you've been filling in and doing a great job, so it's a great honor to be with you. | ||
| Are you tracking where I'm going with this? | ||
| My point here is, you know, before we before we throw down, go balls to the walls and go to civil war, you know, with a federal government, not saying that's what we're going to do promoting, but it's talked about and it's talked about casually. | ||
| I don't like it because when it gets to that point, it's as real as it gets. | ||
| Before we make that decision and go there, there should be 100-day sit-ins outside these Planned Parenthoods with Bibles from our Christian community, and it's a microcosm of our failure to participate in these elections. | ||
| And if you say, look, I'm a dyed-in-the-wool, I'm an altar boy, okay? | ||
| I'm an altar boy from the Catholic Church, and I know the Catholic Church has all sorts of problems, no doubt about that. | ||
| I'm as Christian as they come, but again, it bothers me to hear Christians complain about the satanic takeover, yet they don't vote. | ||
| and even more so they don't even really minister the gospel so effectively. | ||
|
unidentified
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Yep. Yeah well Royce I applaud. Yeah. | |
| Yeah. | ||
| Yeah. | ||
| No, I applaud you. | ||
| It's an honor to be on with you and with Stephen K. Bannon. | ||
| And as he always said, and as you've said, in order to have a Judeo-Christian West, you have to have a Judeo-Christian West. | ||
| And so we have a lot of work, right? | ||
| I mean, that's what your frustration is. | ||
| I'm an old man compared to you. | ||
| I've been fighting this fight. | ||
| I have good news to share, and that is if you go to the science We're always told to go to the science. | ||
| The science on the Judeo-Christian tradition is overwhelming, right? | ||
| If you go back to the original church confessions in 1500, which predate the Enlightenment, so we got all these people saying, you know, oh, thank God for the Enlightenment came along and awakened these Christians. | ||
| We gave you the Enlightenment, right? | ||
| The Reformed churches in Yeah, in 1500 gave us the free market system. | ||
| Adam Smith was in the Scots tradition. | ||
| Let me give you a few things that the science say that the free market economic system gave us and that freedom gave us. | ||
| It gave us women's emancipation in the workforce. | ||
| It gave us the The cleanest environment in the world, that was only brought to you by free market countries. | ||
| And if you look today at the cross-country evidence, the rich capitalist countries are cleaner than the command economies, like China. | ||
| Free market capitalism and the Judeo-Christian West also gave you all the hospitals, all the great research universities we found at Harvard, Yale, and whatever, right on down the list, all of them. | ||
| We founded Civil Liberties, human rights language, came exclusively out of the Judeo-Christian West, let me repeat that one, human rights language. | ||
| So I'm happy right now with this RFK Jr. | ||
| thing, because sometimes we're talking past each other, and I feel bad for him, because the rest of that Kennedy family, I saw the signatures, I don't see them out fighting for the country. | ||
| I don't see them out fighting for the Catholic Church. | ||
| I see RFK Jr., and I don't think it's a 2% thing. | ||
| I think this thing is enormous, because the Trump-Kennedy combination is super. | ||
| We don't know. | ||
| We don't know. | ||
| 12%, 15% it could be. | ||
| We don't know. | ||
| We don't know what the real... We don't know. | ||
| The Kennedy, and you know, Steve was one of the first people to say that that Trump-Kennedy ticket, just to have his name on a ticket, I just got done running a primary, and three Congrats. | ||
| who didn't even campaign. | ||
|
unidentified
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Huge. | |
| Thank you, sir. | ||
| Three people who didn't even campaign pulled 8% of the vote, 24% of the vote. | ||
| So it tells me that there are people who still go into the polls and circle the name and | ||
| have no clue who they're voting for. | ||
| In that world, Kennedy being on the ticket would have been major, but him being on our | ||
| side has unquantifiable benefit. | ||
| Yeah, and I just want to get back to your initial statement too. | ||
| People need to go back and review the history of the Christian duty and what it is under God, right? | ||
| We've been coached that there's a separation of church and state and the Establishment Clause says you can't establish. | ||
| All the states had established religions, just in case people don't know that. | ||
| What we were against in the Constitution was an established federal religion. | ||
| In fact, what the Christian religion says is that the leader of the world, Trump, should not be in charge of the pulpit. | ||
| That's been the Christian tradition forever. | ||
| Neither should the head of the pulpit be running the state. | ||
| We're all clean on this. | ||
| But the duty imposed on the Christian princes, on the lesser magistrates, on everybody in Congress that says they're a Christian, the duty is to push The gospel and the morality of the Judeo-Christian tradition. | ||
| If you don't push it and sell it on the American people, you do not have a moral country. | ||
| And instead, the Marxists are allowed to push it. | ||
| They're pushing their Marxist DEI stuff, ESG stuff, while the Christians sit back and go, well, we just want, you know, net neutrality or something like this. | ||
| I mean, it's just bizarre. | ||
| So you're on the money and you keep punching. | ||
| And thank you, sir. I hope so. | ||
| I mean, I don't want to offend any of our Christians out there. | ||
| I love you in Christ. | ||
| I'm telling you, brothers and sisters, it's your time. | ||
| This is your moment. | ||
| If God has ever put his hand on a man and gave us another chance and said, | ||
| look, this is your moment. | ||
| I'm going to show you. | ||
| I'm going to intervene and give you a chance that we don't go to Civil War and martial law, | ||
| but you have to go minister the 80 days. | ||
| And if you really believe in God, in 80 days, the word and the Bible and the gospel can do unimaginable things, things that can't even be put into words. | ||
| That's the whole point of it. | ||
| That's the faith of a mustard seed. | ||
| So we have that now. | ||
| We can go minister, but we have to do that part. | ||
| You're tracking. | ||
| This is the right thinking. | ||
| Yeah, that's right. | ||
| I don't have any clear, you know, tunnel up to the Godhead, right? | ||
| I'm a fallen man, but when I ran for Congress, I had $150,000, like you do, and I beat a guy with $5,000,000 that was going to be the next Speaker. | ||
| So I call that a miracle. | ||
| And like you just said, God can snap His fingers, and He spoke creation into existence through the Word, who's Jesus, right? | ||
| So if God speaks it into existence, the rest of us are just helping out. | ||
| But he does command us to help out. | ||
| It doesn't just happen, right? | ||
| So I commend you for your race. | ||
| I think this RFK thing is explosive for you out there in Minnesota. | ||
| If I could come out there and yell at those Swedes and Finnish people, those are my people, I'd come out there and yell at them and tell them to get the wax out of their ears and listen to Royce because you've got a great message of hope, true hope. | ||
| Right? | ||
| When that DNC walked right out of the building into downtown Chicago, there is no hope there. | ||
| That thing was a psyop of positive thinking for a few thousand people in an auditorium. | ||
| As soon as you walk out there, you got 12% of the kids can read in the Chicago public schools, the poor third graders. | ||
| And so, you know, we've got real hope to offer those kids But we need to act like you're saying. | ||
| We need to be the city on the hill in all those cities and reclaim the image of God in every single one of those kids. | ||
| And if we say that, we'll win. | ||
|
unidentified
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It'll be an overwhelming victory. | |
| Dave Brat, ladies and gentlemen. | ||
| You stay with us, brother. | ||
| I'm gonna throw to you here after this segment and let you do your thing. | ||
| It's a great honor as well. | ||
| Appreciate your time today and I look forward to seeing you in the future. | ||
| Get you out to Minnesota soon, brother. | ||
| God bless you. | ||
| Great, great. | ||
| God bless you, brother. | ||
| You too. | ||
| Yes, yes. | ||
| For everybody else out there, it's been another incredible weekend. | ||
| I appreciate the time. | ||
| I appreciate sitting in for the great Steve Bannon. | ||
| I appreciate the entire War Room Posse. | ||
| All you die-hard patriotic American citizens out there. | ||
| The MAGA movement is ascendant. | ||
| The MAGA movement is ascendant. | ||
| We adapt a little, we refine a little, we hone in a little, we do a little strategy, but the principle we hold, we move people toward that principle, and it's all about action. | ||
| Action, action, action. | ||
| That's why Steve Bennett created this show. | ||
| It's what I've been charged to do, as well as all of you out there. | ||
| And a great day, a great week for the MAGA movement. | ||
| If you're here in Minnesota, Huge implications for us. | ||
| RFK, huge, huge implications for us. | ||
| And I'm excited. | ||
| Hopefully we get Bobby out here to Minnesota. | ||
| Trump, Bobby Kennedy, Vance, Royce White, Bradley here in Minnesota. | ||
| Can I get an amen to that? | ||
| I appreciate all your time, your energy, your viewership, your listenership today and in the future. | ||
| I hope I'm doing a good job filling in for Steve. | ||
| Stay tuned. | ||
| Dave Brat coming back on the other side with Birch Gold. | ||
| That's it for me here in the belly of the beast. | ||
| The fight continues. | ||
| The people are coming. | ||
| Godspeed. | ||
| Welcome back to the War Room. | ||
| Dave Brat sitting in for the great Stephen K. Bannon talking a little economics. | ||
| We have one of our good friends in-house with us, Philip Patrick with Birch Gold. | ||
| I'm going to just tee up a little bit on how I see the economy right now. | ||
| We've had a long run in the U.S. | ||
| of decline. | ||
| Seventy years of productivity growth decline in the U.S., and that's from the leading expert in the world over at Northwestern University, not a right winger. | ||
| And then we have CBO calling for another 30 years of decline. | ||
| And so, on top of that, we just lost a million jobs in our latest job report. | ||
| Kamala Harris, all political views are my own, but Kamala Harris has been laying out her economic plan for the United States, and I cannot tell you how serious this is, folks, right? | ||
| All of human history, and we got Birchgold coming up, and gold, they know the long-term history as well. | ||
| But all long-run history in the world, right? | ||
| Go back 2000 BC, everybody roughly made $500 to $1,000 a year per capita. $500 to $1,000 per capita to live on for all of human history up | ||
| until very recently. | ||
| So what kind of economic systems did they have? Well, they had very sophisticated systems called | ||
| dictators, despots, kings, pharaohs, monarchs, etc. That is the long course of world history. | ||
| Then a miraculous thing happened in the West, and only in Western Europe. | ||
| In about 1700, there was a freedom revolution brought to you by the Judeo-Christian West, Greek reason, and the Enlightenment, which worked with something scientific, didn't work too good on human nature. | ||
| But all of that together, right? | ||
| Great guardrails. | ||
| The Greek reason and the Judeo-Christian religious tradition and freedom emerges. | ||
| And the free market system emerged. | ||
| And what's the importance of that? | ||
| The free market system is the only thing that brought you that wealth, right? | ||
| We've always had trade, there's always been technology, there's always been highly educated folks, there's always been inventions, there's been the geographical differences that come up in economic growth studies, etc. | ||
| But the one thing that never exists was the market system. | ||
| We've always had markets. | ||
| The Greeks had markets in the Agora, the Hebrew scripture has markets in it. | ||
| But they did not choose the market system, and that's what makes all the difference. | ||
| Why do I bring this up? | ||
| Because Kamala Harris pitched this, and even CNN came down on her. | ||
| But she pitched the old system, the one that made all of human history miserable. | ||
| Which is central planning and price controls. | ||
| And when she read her line, the even scarier part wasn't the goof-ups in the line, right? | ||
| She says, we're going to put in price gauges. | ||
| I mean, we're going to fix price gauging. | ||
| I mean, something about price gauging. | ||
| There's no such thing as price gauging, right? | ||
| It's price gouging. | ||
| And she's claiming that happens in the food industry, which has 1% profit margins. | ||
| None of that even matters. | ||
| What matters is you have the leading contender to run the world pitching centralized planning again. | ||
| And so the real problem isn't even Kamala Harris. | ||
| As with President Biden right now, who's running him? | ||
| He's nowhere to be found. | ||
| He's the president of the United States. | ||
| He's arguably the most powerful person on earth. | ||
| Kamala's running at his footsteps. | ||
| So the question is, who's running these people? | ||
| And we know the answer, right? | ||
| Who else would want to bring the United States economic machine to a halt other than someone whose dad was a Marxist economic professor? | ||
| And then Waltz, the VP candidate, has had 30 trips to China. | ||
| And then this week, we found out in the Comer Committee with Jim Jordan and all those guys, the receipts are in, the checks came in, and we're paying $30 million. | ||
| The Chinese sent the Biden family $30 million. | ||
| Right, so that's who's running our world. | ||
| The people that are sending the President of the United States and his family $30 million, that's who's running our country right now. | ||
| Kamala's talking about central planning again and price controls and messing up the way we have made wealth in this country like no other. | ||
| So, in this time of instability, we always go to our friends, Birch Gold, And so, what do you have for us today, brother? | ||
| Let us know how the business is going. | ||
| Philip Patrick, welcome to the War Room, as always a good friend. | ||
| Gold has been a great hedge through these thousands of years I've been talking about. | ||
| Give us a little history lesson and why gold is so important, why people should take a look for their own portfolio today. | ||
| Yeah, great question. | ||
| And what a great summary. | ||
| And just to sort of summarize your summary, if you will, what a fall off in such a short space of time, right? | ||
| Trump left an economy that was booming, GDP growth, inflation at low levels in the space of four years. | ||
| They've turned that into the disaster in front of us. | ||
| And as you say, what we need now is a good plan to move forward. | ||
| And what's becoming clear is the Democrats simply don't have it. | ||
| You mentioned price controls. | ||
| Any economist, as you know well, understands that these have never worked in history. | ||
| Nixon tried them. | ||
| The USSR tried them. | ||
| They don't work, right? | ||
| You can't go after corporations that you determine are making excessive profits, because all | ||
| that does is distort the markets and it disincentivises corporations and leads to shortages. | ||
| The rest of the skimpy economic plan was just more of the same. | ||
| More money printing, more buying votes, right? | ||
| They want to give $25,000 to new homebuyers. | ||
| If they haven't learned already that giving more money away doesn't make prices go down, I don't know when they will. | ||
| And then finally, they're talking about now a tax credit credit for newborns. Again, not a horrendous idea. If we | ||
| had the money, it would certainly be worth debating. But all this is is more debt, more money | ||
| spending, and more inflation longer term. It is not an economic plan. It is a desperate | ||
| attempt to buy votes. That being said, you know, how does one protect against it? | ||
| Well, look at what central banks look at what institutions around the world are doing. | ||
| Nations are holding dollars. | ||
| They're feeling the effect of money printing like we are. | ||
| And they're hedging their dollar exposure using gold for the last two and a half years. | ||
| We've seen central banks set records in terms of gold buying and they're hedging the decline in the value of the dollar. | ||
| And I think long term are getting concerned with the dollar's position and preparing. | ||
| So in the space of four years, they've turned the economy into a disaster. | ||
| And if we don't have a change in November, you know, we'll be at the point of no return, as you know well, Dave. | ||
| Yeah, I'm glad you brought up the last four years, too, right? | ||
| Four years ago, we had peace and prosperity just stunningly. | ||
| Now we're engaged wars all over the world, more instability. | ||
| You're in a precarious position because the more they print money, the better your business does, right? | ||
| And so people back, they may not remember the Fed printed way too much money back in 0405. | ||
| And I argued with one of our monetary theorists, the follower of Milton Friedman out at Stanford, the Taylor rule. | ||
| John Taylor, just great. | ||
| And I lost. | ||
| I said, well, what about real estate, corruption and all this kind of stuff? | ||
| And the housing market and bundling, right? | ||
| You had all these names for these fancy securities they packaged together. | ||
| I said, all that's responsible. | ||
|
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Nope. | |
| He said all that money that they printed had to find a place to run to, right? | ||
| So it ran into the most crazy experiments you've ever seen. | ||
| Now we've built up another gigantic bubble. | ||
| Everyone on Wall Street agrees with this, right? | ||
| They're still bullish and buying in the short run in spite of Iranian uncertainty, in spite of Chinese uncertainty, and in spite of the Gulf of Hormuz out of the movies with Top Gun and Tom Cruise. | ||
| All of this is right in front of our eyeballs, and they're not hedging, right? | ||
| But you better think about hedging. | ||
| And so give us a little sense of, you know, I think the widely known statistic now is over the past Four years, people have lost 20% of their purchasing power. | ||
| The dollar has eroded in your wallet. | ||
| Every dollar is worth 80 cents. | ||
| I've heard over the past 50 years, that number is 40%. | ||
| You've lost 40% of the purchasing power of your dollar. | ||
| Another way of putting that is, if you've worked 50 years of your life and you're at retirement age, you lost 20 years of your life. | ||
| Working just due to inflation. | ||
| We haven't even mentioned taxes here. | ||
| That's the other tax, but inflation is the hidden tax. | ||
| And so this is still, Philip, not making it through to the American people. | ||
| If the American people understood what we're talking about right here, There would be a revolution, right? | ||
| There'd be a political, monetary, economic revolution because the people would be horrified. | ||
| So how can you put this to the American people and to the world, your own folks over in the UK experiencing similar stuff? | ||
| How do you get the pain through that they're already experiencing because it hasn't gotten through yet? | ||
| Look, I think it's starting to. | ||
| People are starting to wake up. | ||
| The American people look at the administration. | ||
| We've been gaslit. | ||
| We're being told there's no inflation. | ||
| Don't believe your lying eyes. | ||
| Right. | ||
| And, you know, for a while it was working. | ||
| But I think the American people are starting to wake up and they are because we're feeling it. | ||
|
unidentified
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Right. | |
| Credit card debt. | ||
| We've discussed before over one point two trillion dollars. | ||
| People are taking payday loans today. | ||
| To buy groceries. | ||
| This is in the United States. | ||
| So people are starting to wake up. | ||
| It's why the economy and specifically inflation, I think, are one of the biggest topics for November. | ||
| But we need a change like like you said, over the last 50 years, 40 percent purchasing power has gone. | ||
| But 20 of that has happened in the last four. | ||
| Right. | ||
| The pace at which this is escalating is unheard of. | ||
| Quite frankly, we're seeing that reflected in gold as a growth asset. | ||
| Listen, as you know, for the 1900s, if you looked at gold relative to the markets, it was an asset that really didn't grow relative to something like the S&P. | ||
| This century, it's a whole different story. | ||
| And it's not a coincidence. | ||
| There is a direct correlation between an increase in the global supply of dollars and growth in gold. And I expect | ||
| given the context of the last four years and how we've stepped that | ||
| up significantly we expect that growth to continue. And going back to | ||
| what I said a moment ago central banks in the last two and a half years have set records for any years in history for | ||
| gold buying. And it's for the same reasons right. | ||
| They're holding US dollars, they're seeing the purchasing power decline, and they're hedging their buying power using gold. | ||
| And what applies to the big guys, of course, applies to us as individuals, just at a smaller scale. | ||
| Yeah, we got about a minute, a little over a minute left, Philip, in this segment. | ||
| Philip's going to stay with us after. | ||
| We've been hitting, you know, Steve's been hitting the US economy and Peter Navarro, etc. | ||
| Give us a little bit on what's going on in England. | ||
| There seems to be even more instability there. | ||
| England, UK, Europe, what's going on? | ||
| And do you see the same response, a flight to gold and the risk of uncertainty internationally as well? | ||
| I certainly do. | ||
| A good friend of mine runs one of the largest precious metals companies in the United Kingdom, and their business at the moment is turning up significantly because they're facing very similar issues. | ||
| And that's one of the big problems today is that the issues are not just domestic. | ||
| We're seeing a slowdown Globally. | ||
| Germany, pretty much the whole Eurozone, the UK, Japan, China, all in recession. | ||
| And, you know, it's becoming tough. | ||
| I think 2008 was characterized by a real estate crash, 2000 obviously the tech bubble, but this is a global debt bubble. | ||
| So certainly they're feeling it in the UK. | ||
| Politics is getting crazy over there as well. | ||
| That's a reminder for us come November to make the right decisions. | ||
| But there's no respite. | ||
| This is a global problem. | ||
| Yeah, yeah. | ||
| Everyone hangs on every breath of the Federal Reserve, right? | ||
| That's no way to run an economy, right? | ||
| The whole leverage system is betting on 0.25 interest rate differentials. | ||
| And so we're in the war room with Philip Patrick right back after the break. | ||
| A lot more economics and more on gold. | ||
|
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War Room. | |
| Here's your host, Stephen K. Bannon. | ||
| Back in the War Room, Dave Brat helping out in the captain seat today. | ||
| We have Philip Patrick, great friend of the program, and Steve Bannon with Birch Gold. | ||
| We just mentioned Kamala's price gauging, price gouging accusations. | ||
| She wants to get rid of the free market system. | ||
| There's China collusion all around the Democrat presidential candidate, vice presidential candidate, | ||
| current sitting president, received $30 million from China. | ||
| It's just stunning. | ||
| Just for a reminder, I do want to go over what Peter Navarro said. | ||
| It might sound a little wonky, but just go back. | ||
| I want people to understand why this price system. | ||
| The price system is just a supply and demand curve. | ||
|
unidentified
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Right? | |
| So you got the supply curve going up. | ||
| The higher the price goes, businesses like that higher price, right? | ||
| They get more money. | ||
| The demand curve's downsloping. | ||
| The lower the price, the consumers like that low price. | ||
| They want to buy more at a low price. | ||
| What did Kamala do? | ||
| Usually you got this, right? | ||
| You go right where those two combined supply and demand curves hit each other. | ||
| You got equilibrium. | ||
| She says, nope. | ||
| Let's skip that price system. | ||
| I'm the grand dictator of all prices. | ||
| We're going to put in a price ceiling below that equilibrium price, right? | ||
| Below it, a ceiling keeps prices from going up. | ||
| Well, that sounds great. | ||
| I'm going to get lower prices. | ||
| Kamala is doing great stuff for this country. | ||
| We're going to get low prices. | ||
| I love low prices because I'm a consumer. | ||
| So way over there on the demand curve, a ton of people want to buy that product because it's at a low price. | ||
| What's the catch? | ||
| There's always a catch with communist central planning. | ||
| The catch is that supply curve, the manufacturers, the people who make it, they won't make anything over there at that low price. | ||
| They won't make any money. | ||
| They'll go bankrupt. | ||
| And so you've just After COVID, you shut down all the small business folks, the manufacturers. | ||
| You gave huge incentives to the big firms. | ||
| You bailed out all the big firms. | ||
| In 07-08, no one went to jail. | ||
| And they're going to try this out on you again? | ||
| And on top of that, a border invasion? | ||
| 14 million illegals? | ||
| What do you think that's going to do to your wages, right? | ||
| The economy is not something to be played with. | ||
| This takes very sophisticated folks. | ||
| And so we're lucky to have Philip Patrick with us always from Birch Gold. | ||
| And on top of that, you've got the international complex, these BRICS countries. | ||
| Now it's up to about 40 countries signing up. | ||
| And it's not all against the U.S., but some of it is. | ||
| One of our good friends, the Saudis, they were on the petrodollar. | ||
| That was a 40-year economic and political friendship agreement. | ||
| And they've said, see you, U.S. | ||
| The only good news is China is slowing down. | ||
| They've gone from 10% growth down 5, 4, 3, 2, 2. | ||
| Who knows? | ||
| They cook the books just like we do in our administration. | ||
| But huge risk there. | ||
| And so, Philip, what are the implications for this BRICS on gold? | ||
| I mean, look, every cloud has a silver lining and gold is, I suppose, the silver lining. | ||
| But it doesn't bode well for us here in the United States. | ||
| So the Brits are gathering steam. | ||
| As you say, China have essentially put an end to the petrodollar. | ||
| And people have to understand how important that is. | ||
| Right. | ||
| So after 1971, Nixon took us off the gold standard. | ||
| dollars were no longer redeemable for gold. So essentially they didn't have intrinsic value. And the concern was there | ||
| wouldn't be a need for dollars globally. Nixon had the great idea to make | ||
| a deal with the Saudis. Then in exchange for security Saudi Arabia would | ||
| guarantee that oil would oil coming out of OPEC would always be sold in U.S. dollars. Well given that 40 percent | ||
| of the world's oil supply comes from OPEC it guaranteed consistent long | ||
| lasting demand for the U.S. dollar. Well the petro dollar is essentially | ||
| finished. Now the Brits seem committed to trading bilaterally between themselves outside of the U.S. dollars and the Saudis | ||
| appear to be willing to play ball. | ||
| That's a big problem, because what that's going to do ultimately is affect global demand for the US dollar. | ||
| When global demand starts to wane, supply is obviously up. | ||
| We've been printing money at a huge scale. | ||
| That leads to longer term devaluation of the dollar. | ||
| As that happens longer term, the argument for the dollar as the global reserve currency becomes weaker, and if we lose that status long term, This whole house of cards comes crashing down and the bricks are using gold to be dollarized. | ||
| Right. | ||
| The problem that the bricks have is amongst them, they don't have a currency that can usurp the dollar. | ||
| So what they've been doing is dumping dollars and buying gold. | ||
| It's giving them the stability that they need to do it. | ||
| And it's allowing them to be dollarized. | ||
| And that is largely why Central Bank gold demand is at all time highs for the last two and a half years. | ||
| So We expect that to continue. | ||
| It bodes well for gold prices, doesn't bode well for the longer term value of the dollar. | ||
| Yeah, Philip, spot on. | ||
| As Steve Bannon and you say in some of your literature, end of the dollar empire, maybe the end of the dollar as reserve currency, that has yet to happen because the rest of the world's not overperforming by any means either. | ||
| But how do people get the literature? | ||
| How do people, Steve and Kate Bannon's written a lot of pieces with you guys. | ||
| How do people contact you and get all of those pieces Steve wants everybody reading? | ||
| Yeah, great question. | ||
| So to get access to free information, so it'll be the reports that Steve wrote, as well as a kit on how to invest in precious metals, it is birchgold.com forward slash Bannon. | ||
| Again, it is birchgold.com forward slash Bannon. | ||
| That'll get an access to free information. | ||
| And then to reach me, very simple, it's just at Philip Patrick on Getter. | ||
| All right, Philip. | ||
| Thank you so much for being with us. | ||
| Philip Patrick, longtime friend of the show. | ||
| It's very rare that people have folks waiting for your phone calls, put out the literature. | ||
| If Stephen K. Bannon puts his name on something, he sees over the horizon better than anyone. | ||
| So this isn't some new play call. | ||
| This has been coming and in formation For years to come, there is a financial collapse coming. | ||
| It's just a matter of when. | ||
| You can read all your finance newspapers and see what everyone says, right? | ||
| I can't remember who said it, but even like Jamie Dimon, right? | ||
| JP Morgan. | ||
| If anyone would cheerlead on the sidelines, just all positive, you know, like the financial guys, he would. | ||
| But even he's been given some hints. | ||
| Hey, be a little cautious, folks. | ||
| And so Philip Patrick with Birch Gold is making an offer. | ||
| Just get in touch with them. | ||
| He gave you the contact points. | ||
| Reach out to them. | ||
| Buy, well, don't buy, but read the literature and then buy some of the gold for your portfolio. | ||
| I wouldn't go all in. | ||
| I don't think they'll advise you to go all in. | ||
| You're going to get honest coverage. | ||
| And so thank you very much for being with us. | ||
| And please support Birchgold as they have been a great supporter of Stephen K. Bannon and the War Room. |
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