Sept. 4, 2024 - Bannon's War Room
48:36
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. | ||
| Here's how I got a free shot of 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 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
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War Room, here's your host, Stephen K. Babb. | |
| Well, here's the national average. | ||
| What we got here is all of the recent major polls nationally. | ||
| And what is this sort of composite when you average them together? | ||
| Harris with a three-point advantage nationally over Donald Trump. | ||
| Now, if you're a Democrat, the good news, besides the fact that you're ahead, That's an improvement for Democrats from where things were before Harris became the candidate. | ||
| Joe Biden, almost all year, was trailing Donald Trump, so that's changed Harris ahead by a few points there. | ||
| Now, if you're a Republican, what you can take solace from here is, this is not unfamiliar territory for Donald Trump. | ||
| Take a look here at the last two elections, 2020-2016. | ||
| The polling at this point, coming out of Labor Day, beginning the fall rush. | ||
| In 2016, Hillary Clinton led on average by five points. | ||
| Of course, Donald Trump won in 2016. | ||
| And Joe Biden had an even bigger lead on average. | ||
| Labor Day 2020, Donald Trump didn't win that election, but certainly in the electoral college, | ||
| he came this close to doing so on a, so Trump has run from behind before, certainly. | ||
| So, yeah, Trump's running behind according to the polls. | ||
| polls. | ||
| We got Mark Mitchell on. | ||
| The question, first of all, I want Mark to explain what the term suppression poll means and I want to ask him whether there's been any time in recent history where he's seen a more aggressive use of suppression polls than now. | ||
| Hey Mark, welcome back to the war room, sir. | ||
| Happy to be here. | ||
| Yeah, suppression polls, it looks like there's a lot of them right now. | ||
| So suppression poll is a poll that somebody puts out. | ||
| They probably do some dirty tricks to it. | ||
| And the idea is to drive a negative narrative. | ||
| There's been a lot of really great examples, although I have to say, This year is giving 2020 a run for its money. | ||
| But a really good example, not that long ago, Fairleigh Dickinson did a poll that showed that Harris was beating Trump nationally by one point. | ||
| And then further in the poll, they asked a bunch of questions about gender and race on purpose to see if it impacted how people responded to the matchup question. | ||
| Hang on, let me just, for the audience, so they get the lingo down. | ||
| And then immediately, the Hill took that headline, Harris plus seven number, and ran with it | ||
| as though that was the actual race. | ||
| And there's no way. | ||
| And another really great example that it. | ||
| Yeah, go ahead. | ||
| Hey, let me just for the audience. | ||
| So they get the lingo down. | ||
| I think that's called a push question. | ||
| Oh, absolutely. | ||
| Is that what they call that? | ||
| When you OK, so you do the initial where is the race and then you you ask a bunch of questions | ||
| that are going to basically make it more favorable to every or whoever you're pimping and then | ||
| the push quite so rather than do the matchup, they did the push question right? | ||
| 100% which is why you put matchups in the beginning. | ||
| One of a million dirty tricks that pollsters can do. | ||
| But there was a suppression poll right there in that clip. | ||
| If you go to RealClearPolitics aggregate, which I think they use very even-handed standards to determine who they let into their tracker. | ||
| I think it's a pretty fair representation of all the polls that are out there. | ||
| They show Harris leading by 1.8. | ||
| But in that clip, they show Harris's average is actually plus three over Trump. | ||
| So already they've done something selective there to get to Harris plus three in their segment. | ||
| Just the framing of how they put that segment together was really scummy and dirty. | ||
| But there was a poll out, ABC Ipsos, that had Harris leading by, I think, four in a two-way, six in a multi-way. | ||
|
unidentified
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I don't know. | |
| It was a lot, right? | ||
| Pretty close to Harris plus three. | ||
| But if you look in the internals there, they have favorability number by candidate. | ||
| They had Harris with a plus three net favorability and Donald Trump with like a negative 24. | ||
| This is the man that received more votes than any Republican in history. | ||
| And you're telling me in this 2024 poll, he's been around for a decade. | ||
| Everybody knows who he is. | ||
| There's not many people who are undecided about Donald Trump. | ||
| You're telling me that he's got a negative, he's got only a 33% favorability rate and yet is somehow taking 46% of the vote? | ||
| There's absolutely no way. | ||
| So I just, Eric, you show me polls that have Harris plus three, plus four, plus five. | ||
| They are doing something to get to that. | ||
| Let me just, as a layman, what that would reveal is oversampling of Democrats. | ||
| Right? | ||
| Wouldn't that be a lot? | ||
| Many flavors of that. | ||
| And this one's tricky because it's hard to spot, and luckily they did disclose this, but I can go out and sample Republicans and Democrats, and then the poll to party. | ||
| But the problem is, is that there are Democrats that support Trump, there's Republicans that don't, and then there's independents. | ||
| And so I can measure their 2020 vote and then wait for that. | ||
| But even then, there's Republicans that just don't have a very favorable impression of Trump, but they're still going to potentially vote for him. | ||
| Somehow, ABC got a ton of those people. | ||
| And so all these things have ramifications. | ||
| For the numbers, but it's like they pulled almost entirely never Trump independents and Republicans. | ||
| Listen, in that poll, we have Donald Trump's favorability in our numbers, like 80% among Republicans. | ||
| So let's just assume 90%, you know, with the Democrats, let's assume 100%. | ||
| Republicans are about a 30 electorate. | ||
| That gets you to 33% Trump favorability. | ||
| So that means in their independent sample, Trump has a 0% favorability. | ||
| It just makes absolutely no sense. | ||
| If I got results like that, I would really be questioning What happened in my poll, because if I was not being disingenuous, like there is a real problem with the way that we sample. | ||
| And of course, in our numbers, everybody who's been following us knows this. | ||
| Harris has always been a little bit less favorable than Biden. | ||
| Biden's been less favorable than Trump. | ||
| And Trump isn't super favorable, but he's gotten 49, 50, 51 percent. | ||
| And Biden was higher than Trump until he had his presidential term, right? | ||
| And it got a lot lower. | ||
| All of that to me makes internal consistent sense. | ||
| And you don't need to be a pollster to rip apart these things. | ||
| Go download the crosstabs, if you're one of the pollsters that isn't putting the crosstabs behind the paywall, and look for consistency. | ||
| And that's where you'll start to find these tactics. | ||
| Don't need to be a pollster. | ||
| So again, a lot of lingo here. | ||
| A lot of lingo here. | ||
| Give the listeners an example of a cross-tab. | ||
| I think it's something like Democrats on abortion or young folks on foreign policy. | ||
| Something like that. | ||
| What's a cross-tab and how would a cross-tab reveal chicanery? | ||
| You're never going to know 100% if a poll is crooked. | ||
| There is no amount of disclosure, because even if I had their data, I don't know if they're spiking data points. | ||
| They could just be throwing out extra Trump supporters. | ||
| But the most that you're going to find is in a document called the crosstabs, which is pretty much the deliverable of a poll. | ||
|
unidentified
|
Of course, things are on there like margins. | |
| The margin of error, the sampling methodology, it's going to have some stuff like that. | ||
| But what it's also going to show is not just the top line numbers, which is like nationally Trump versus Harris, or nationally every single question they ask, should be every question they ask. | ||
| Sometimes they don't disclose them all. | ||
| But then it's going to show how each single demographic that they have data for in the poll answer the questions. | ||
| That is where all of the bodies are buried. | ||
| Because I can look at, by party, who says they're going to go Trump versus Harris, and the most important column is independents. | ||
| And so my independents right now tell me they're going for Trump by a 5 to 10 point margin depending on the poll, which is a really major reversal from in our polling in 2020 when Trump lost independence. | ||
| But if you if you see a mainstream media pollster right now that has Harris up, they're probably showing Trump losing to Harris among independents. | ||
| And that, to me, especially in the swing states, is gonna be the key to this election and who's right and who's wrong. | ||
| And in my opinion, if you're New York Times, it's really hard to get Trump-supporting independents to respond to your poll. | ||
| I think that might be the key to what's happening here. | ||
| But of course, also in our polling, the story, and again, maybe we're just out in right field and we're gonna be totally wrong, I think over cycle, We've been proven right, but the 18- to 39-year-olds, the Hispanic voters, and even the black voters have been going more and more Trump. | ||
| What's the lag time now in the trade? | ||
| So what can you expect if a poll comes out today? | ||
| It's not reflective of today, it's reflective of some time prior to today. | ||
| How many days or weeks is it usually the lag? | ||
| You just pointed out scumbag pollster tactic number 37, which is sit on your data. | ||
| OK. | ||
| Now, every pollster is going to disclose ostensibly, honestly, the exact days the sample was taken, and then they maybe sit on it for a week or two and then drop it. | ||
| And that was a lot of what was happening in August, because everybody was sampling In the very beginning of Harris's candidacy, when she got a lot of positive press, and then dumping the polls two weeks later to drive a Kamala Mentum narrative. | ||
| But we're the only people that do this. | ||
| We started doing it this cycle, if Denver wants to throw up the chart. | ||
| We collect data every night, and to show that we are being as transparent as possible, we show you what happened. | ||
| Literally last night. | ||
| So this is data that was taken, you know, seven to nine o'clock last night and everybody else, they sort of go, Hey, I'm going to pull today. | ||
| And they go into the field and then they pull and then they wait two weeks. | ||
| And so there might be an absolutely huge, like two, three weeks is a massive amount of time in this cycle. | ||
| Because if you're getting data from three weeks ago, it's the DNC bounce, right? | ||
| So what we showed... So Mark, how many, hang on, how many people do you sample a night and then how do you decide when and how to aggregate them to issue kind of a broader poll? | ||
| You sample like 200, you get 200 responses, 1,000? | ||
| Or what do you do every night? | ||
| Sample size is about 360 people a night that go into that chart. | ||
| So each individual night is about a plus or minus five margin of error. | ||
| Anybody who studied statistics knows that that's a wide range. | ||
| However, The polls are going to tend to be close to the population mean and so you really can look at the trends And that's why I put it out there because there's all these narratives about the race shifting or momentum And if you look at that chart, it really kind of doesn't show it that much it shows Trump again There's swings in there. | ||
| It shows Trump with a pretty comfortable two-point lead over time and because we're not trying to drive narratives every Thursday we just Take an aggregate of the last five business days. | ||
| What about the argument? | ||
| OK, let's say let's say that you've got the the one of the only honest polls out there. | ||
| You show Trump in the lead by two. | ||
| You know, the Carville theory is that all these other polls are off by three. | ||
| So. | ||
| You know, if if if ABC shows Trump Trump down by three and you got him up by two, What do we glean from that? | ||
| Yeah, look at it. | ||
| Look at the Real Think Politics aggregate. | ||
| It's Harris 1.8. | ||
| I think based on what we saw across the industry in 2016 to 2020, I think it is reasonable | ||
| to assume the entire mainstream polling industry leans about three points left and probably | ||
| really didn't correct that. | ||
|
unidentified
|
Okay. | |
| And if you add three points to negative 1.8, you get essentially exactly what I do, which is Trump winning nationally. | ||
| I got it. | ||
| So I got it. | ||
| Yeah. | ||
| Yeah. | ||
| He's never been there before. | ||
| Right. | ||
| All right, brother, you keep doing what you're doing. | ||
| How can the posse stay abreast of particularly this daily poll? | ||
| Where do you want to go? | ||
| Go to Twitter at Rasmussen underscore poll. | ||
| I started posting about two months ago to Mark underscore R underscore Mitchell. | ||
| The conversation is happening on Twitter and we have a lot of stuff about this race coming out just today. | ||
| A lot of new polling about how Harris isn't going to be able to distance herself from the failures of the Biden administration. | ||
| I think it's a pretty important story. | ||
| So love to have you guys follow us. | ||
| Alright man, always a pleasure. | ||
| Posse, check Mark Mitchell and his page out. | ||
| It's a nightly adventure with Rasmussen. | ||
| Alright, we'll be right back. | ||
| Stay right here. | ||
| That's right, there's a massive amount of money that the lame duck administration is pushing hard to spend in their last few months. | ||
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| 9898 today. That's Bannon to the number 9898. | ||
| Peter K. Navarro in Steve Bannon's war room. | ||
| We're going to talk now, I think, about the most important topic for the November 5th election, and that is get out the vote. | ||
| Get out the vote. | ||
| We need to do that. | ||
| And the best person to talk about that with is Catherine Engelbrecht. | ||
| I want to bring her right in now, and Catherine, if you can, first... | ||
| To emphasize how important this issue is right now, give us an idea of like the calendar of some of the states, particularly the battleground states, where some of the absentee and early voting is going to start forthwith. | ||
| And what we're doing to get the vote out, but also monitor some of these Dropbox shenanigans, which were so prevalent in 2020. | ||
| Welcome, Catherine. | ||
| Thanks so much, and thanks for having me. | ||
| Yeah, we are in high season now, so 62 days from November 5th, and absentee ballots are starting to drop. | ||
| The first of the states being Nevada and Delaware, which are already in play. | ||
| North Carolina has its opening for the beginning of sending mail ballots this Friday, and then we start ticking down the states over the next few weeks. | ||
| But it is beginning, and what's unclear distilled to this moment is what are the distinctions going to be between how things rolled out in 2020 versus now in 2024? | ||
| Because remember back in 2020, under the fog of COVID, there were all of these pressures and confusions around when the drop boxes are actually going to open and how long they're going to be open. | ||
| But if 2020 was an indicator to what we're going to see, drop boxes are open in the states that have them from the day that mail ballots begin to be mailed out, which means that it's starting now. | ||
| So we shouldn't look down the line at 60 days from now and wring our hands. | ||
| It's beginning now. | ||
| And we're all over it. | ||
|
unidentified
|
We do intend to have eyes on those drop boxes. | |
| Yeah, I thought there were some states where drop boxes are illegal. | ||
| Do you have an idea of how many states don't use them and how many do? | ||
| I don't know the actual split. | ||
| There have been lots of back and forth. | ||
| And then you have these variations on a theme. | ||
| For example, in Georgia, we all know that Georgia had drop boxes in 2020. | ||
| But in their legislative session of, I think, 21 or 22, they moved the drop boxes. | ||
| And so the new curious arrangement in Georgia is they have no exterior drop boxes, but they do have interior drop boxes. | ||
| But those interior drop boxes don't have cameras on them. | ||
| So it's a it's a strange, strange arrangement that Georgia's come away with. | ||
| But that's that's where they are. | ||
| Then you have states like Wisconsin. | ||
| Where the Supreme Court back in 2021 designated that those Dropboxes that had been across the state were in fact illegal. | ||
| And then they had a switch up in their profile of their Supreme Court justices. | ||
| And when that court tipped over to the left, inexplicably they pulled that case back and then re-adjudicated them. | ||
| And now Dropboxes are legal across the state. | ||
| In your major battleground states. | ||
| Drop boxes, let's face it, they're the Achilles heel of the whole election system right now. | ||
| A lot of that, the 2,000 mules kind of, I think, prove that. | ||
| What are you doing as an organization to police those drop boxes? | ||
| How can the Posse help? | ||
| Well, what we learned out of all of our work that ultimately led to 2,000 mules was that those drop boxes were not being monitored. | ||
| Even though states like Wisconsin, like Michigan assured their population that they were absolutely being monitored with surveillance cameras, that was not true. | ||
| And so, this cycle, we do intend to have eyes on those drop boxes with surveillance footage. | ||
| And if everything goes as we hope, What you can expect from us is to see 24-7 streaming video with the support of people and | ||
| Procedures that will give us eyes on those drop boxes and I don't want to go too much further into it except to say that there is a plan and And the goal is to make that video available for anyone who wants to see it 24-7 and we're very very encouraged about that not only because it's going to give people an opportunity to see for themselves But it will also have a deterrent effect to the bad actors that intended to exploit drop boxes thinking that They weren't going to be called out. | ||
| They definitely will be But you know the other side's going to try to destroy them or tear them down or put paint on their lenses and stuff like that. | ||
| Is there any way to police that as well? | ||
| Have you prepared for that? | ||
| Because that's going to happen. | ||
| Yeah. | ||
| Oh, absolutely yes. | ||
| And part of it is, as they approach the camera to do whatever it is that they're going to do, we'll have them on camera up until that moment. | ||
| Past that, if it just takes us continuing to replace them. | ||
| We've been testing out our tech for this for over a year. | ||
| We have a deep bench of alternatives for the camera tech and feel pretty good about it. | ||
| But we do anticipate that there will be problems and America will see those problems manifest right alongside with us. | ||
| And of course the question is why? | ||
| Why would it be that they would feel the need to cover them up? | ||
| How are we getting out the vote? | ||
| This is what concerns me. | ||
| What are we doing to getting out the vote? | ||
| Usually it's a door knock or a phone call. | ||
| What are we doing? | ||
| Who's out there? | ||
| How many people we got out there? | ||
| Door knocking and phone calling, there is no replacement for. | ||
| Now for True the Vote, we focused more on, because we're more on the election integrity side of the issue, but we do have an initiative called Scan, Check, Protect, which is an easy thing. | ||
| You can find it on our website to send out to family and friends. | ||
| It allows you to Register if you're not already registered. | ||
| Check the validity of your registration just to make sure it's active and accurate so that you won't have any problems when you get to the polls. | ||
| And if you have ever lived in another state and believe that you Maybe still be on the voter rolls. | ||
| There's a way to check and remove yourself. | ||
| So that's on the truth of both side of things. | ||
| But I can speak with great confidence to the fact that there are other groups out there doing great work. | ||
| And I would like to highlight the work of America, of Moms for Liberty and Moms for America, both out there doing great, great work, canvassing, door knocking, hundreds of thousands of people out, particularly I know Moms for America, just doing a Just focused like a laser on reaching out and changing hearts and minds. | ||
| They're fantastic. | ||
| Yeah. | ||
| Yeah. | ||
| Memo to the RNC and Trump campaign. | ||
| If this isn't your number one priority, getting out the vote now, starting as this calendar does, you're doing something wrong. | ||
| We got two minutes left here. | ||
| Tell us about your great victory in Georgia and what it means. | ||
| Absolutely, yes. | ||
| So just the other day, we had an opportunity to participate with a candidate who had run for school board. | ||
| This is a gentleman who, in fact, is the nephew of Martin Luther King Jr. | ||
| Didn't know that at the time, but he called and said that he felt like in a small race in Georgia, he had been wronged. | ||
| And wanted us to take a look at it. | ||
| And it was an opportunity to explore this microcosm of the problems we see at the macro level, both in the state of Georgia and broadly federally. | ||
| So we took a deep look. | ||
| What we realized was in his race, the problems that led ultimately to initially his defeat, but now to an overturned election as was decided by the court, Uh, was because the maps were wrong. | ||
| And the fact that the maps were wrong at his, at his level down ballot, uh, indicates a much bigger problem all the way up to the top of the ticket. | ||
| Maps being wrong is something that we have not previously explored. | ||
| And it turned out to be the critical issue on which his case was decided. | ||
| And now he's back up for a new election this November. | ||
| And so, you know, there's so many great You know, great messages to come out of this victory. | ||
| The fact that we won in court, the fact that a well-deserving candidate in a nonpartisan effort with True the Vote was able to find justice, but also it's a, you know, it's It's a cautionary tale to any candidate to make sure you are observing your map lines and that people on the periphery aren't being either pushed out or in because, again, this is what decided his case. | ||
| We were shocked to find it. | ||
| But when you can't trust the map lines, it's a whole new ball of, you know, barrel of monkeys that you've got to pay attention to. | ||
| Okay, Catherine, on the way out here, how can people get in touch with you and your organization and help? | ||
| You can check out TrueTheVote. | ||
| TrueTheVote.org is our website across all social platforms at TrueTheVote. | ||
| Sign up, get our newsletter, get involved. | ||
| We've got any number of projects underway right now, and we are going to be flat out running 24-7 for the next 62 days and until certification. | ||
| So please stand with us. | ||
| We're busier now than we've ever been. | ||
| Please stand with her. | ||
| Thank you, Catherine. | ||
| You're great. | ||
| We will be right back in the war room. | ||
| We are going to take a abrupt turn over to the Achilles heel of Kamala Harris's campaign inflation and talk a little bit about housing affordability is one of the issues in the presidential race and Kamala Set mortgage rates on fire. | ||
| We'll be right back. | ||
| Peter Canova. | ||
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| Peter Kay Navarro here. | ||
| Look, you can't use home title lock unless you can buy a home to begin with. | ||
| So I want to talk a little bit about that with one of our great experts. | ||
| Before I do that, though, I want to encourage you to go to Apple Podcasts. | ||
| And subscribe to the War Room podcast. | ||
| This is really, really important, Posse. | ||
| I really need you to do this. | ||
| There's a QR code on the screen. | ||
| You can scan Apple podcast, go to the War Room podcast on Apple. | ||
| What we really need to do is boost the rating on Chartable. | ||
| Why is that important? | ||
| Because it helps us to get the message out. | ||
| And right now we're wallowing down behind a bunch of lib part podcasts that are doing a better job in terms of reaching the podcast diaspora because they're pulling all sorts of tricks to get up there. | ||
| So scan that code. | ||
| All right. | ||
| I want to bring in our next guest. | ||
| She wants to blame Kamala Harris for the destruction of the housing market. | ||
| And I can tell you what Kamala did to start this off. | ||
| Because Mitch McConnell blew the Senate elections in Georgia. | ||
| We have a tie in the Senate. | ||
| And when there's a tie in the Senate, the vice president as president of the Senate breaks the tie. | ||
| And what Kamala did was break the tie on the two biggest in history Expenditure bills that have been essentially the matches that lit the tender on inflation. | ||
| This is camouflage. | ||
| There's no question that there's a direct link to the explosion of prices, particularly home affordability, which now apparently is a global problem as Our high mortgage interest rates have spread kind of like a contagion around the globe. | ||
| So, Sophie, welcome to the War Room. | ||
| You've got a great article up on the War Room site. | ||
| Give us the highlights and lowlights of Kamala Harris, please. | ||
|
unidentified
|
Well, you sort of set it up for me with the inflation story. | |
| So right now what we're seeing is a record dissatisfaction amongst all age groups. | ||
| We're seeing 44% of people over the age of 50 are dissatisfied with the housing market. | ||
| And those that are 49 and under, which covers the Gen Xers, the Millennials, the Gen Zers, you're seeing 60% of them are now dissatisfied. | ||
| With the way the housing market's going, and like you said, it's the inflation story. | ||
| It's the high soaring interest rates, and it's also the soaring home prices that we're seeing despite these high interest rates. | ||
| We mentioned last time for every 1% that the interest rate goes up, you lose about 9% of buying power. | ||
| And in 2021, the interest rate was 3%, and the interest rate is now 7%. | ||
| And what we would normally expect if we didn't have this whole other inflation story with the cost of goods being up, debt being up, what we would normally see is if you lose the amount of demand that's out there because the affordability comes down as the rates go up, you would normally see the home prices temper down, but we are not seeing that. | ||
| We're seeing the home prices surging. | ||
| And the reason for that is, again, the inflation story and the interest rates. | ||
| Fannie Mae put out statistics that 62% of homeowners had mortgage rates that were less than 4%. | ||
| So now, why would those homeowners want to move? | ||
| They have a great low interest rate locked in. | ||
| They see the cost of everything going up. | ||
| So they're staying put. | ||
| As a result, lack of the inventory, lack of the supply. | ||
| And what that's causing is a rise in the home prices. | ||
| So, not only do you have the interest rates going up and everything being more expensive, but now you also have the home prices going up. | ||
| The Gallup data also supported that from 2021 to 2024, that the national average home price had increased by 38%. | ||
| Just to put that into perspective. | ||
| For first-time homebuyers, what does that mean? | ||
| Well, that means that if they were paying $2,000 a month in their housing expenses, they're now paying $3,100 a month in housing expenses. | ||
| Um, similarly, rents have gone up. | ||
| Um, I'm here in New Jersey. | ||
| I've seen rents go up 20 to 30%. | ||
| And there is a disparity by region with these statistics too. | ||
| In New Jersey, I actually, the latest statistics, the home prices have doubled since 2021. | ||
| It's an astonishing number. | ||
| It used to be an average of 350 to 400. | ||
| We're now seeing an average sales price of 700 up to 725. | ||
| So it's a huge number. | ||
| The data to support this came out with the Realtor Associations and from 2001 overall we saw an affordability level at 148.2. | ||
| So what does that number mean? | ||
| That number means that the income that you're earning versus the income that you need to qualify for a home. | ||
| So back in 2021, we were seeing affordability level at 148.2%. | ||
| So people were actually able to save money and afford a home. | ||
| Now, in 2004 overall, we're seeing it at 94.3%. | ||
| So we have dropped off by approximately 50 basis points on the affordability nationwide. | ||
| Now, I want to really highlight the first-time homebuyers because they are very much hurt in all of this. | ||
| When 2021 their affordability was at 97.6 percent and their affordability now in 2024 is at 62.5 percent. | ||
| It's a huge huge drastic drop. | ||
| Now, the income has not been able to keep up, and that's why we're seeing such a disparity there. | ||
| Their income back in 21 was at $55,000, and it's only gone up to about $66,000, despite all these increases that we're seeing due to the inflationary problem. | ||
| Now, the qualifying income, however, needed right now is $106,000. | ||
| So, if the qualifying income is $106,000, and the income currently that the first-time homebuyers are on record making, and the reason is first-time homebuyers are usually the younger folks out there, being $66,000, that's approximately a $40,000 disparity. | ||
| And that's why we are seeing the affordability index so low for these first-time homebuyers. | ||
| And I want to reiterate a point from last time. | ||
| We're talking about the Kamala Harris $25,000 injection into the market for these first-time homebuyers. | ||
| Now, I just read the statistic that they're only making $66,000 a year, and you need $106,000 to qualify for a home, a median home at this price. | ||
| That $25,000 is not even making a dent into it. | ||
| And why would you be increasing only the demand when you're not doing anything to solve the inventory problem? | ||
| Let me interject a little economist point in there because it's worse than that. | ||
| As you point out, there is a lot less supply than it should be because of the lock-in effect. | ||
| People don't want to sell their homes. | ||
| Because they've got low mortgage rates, and then they're just not building as many as they used to. | ||
| So think about that. | ||
| If you only increase demand, and you will increase demand if you give people $25,000 extra to go out and make a down payment, you will increase demand. | ||
| Supply has not increased. | ||
| What will that do to the price of housing? | ||
| It'll raise the price of housing. | ||
| By about $25,000. | ||
| So you have really done nothing, nothing Kamala Harris to help people who want to be first time homebuyers. | ||
| You just raised home prices even further, not just for them, but for everybody else. | ||
| Sophie, if you could, as a professor, I'd love to give you an assignment. | ||
| You've done a good job. | ||
| In New Jersey and stuff like that, maybe we can get you back Monday or so if you can take a look at Pennsylvania, Wisconsin, Michigan, Nevada, Georgia, Arizona. | ||
| Why would I pick those states? | ||
| Because they're the battleground states. | ||
| It'd be very interesting to see what these markets look like in these other places. | ||
| But this is absolutely fascinating. | ||
| How can people get a hold of you, first of all? | ||
| And then, you've got one last shot at this. | ||
|
unidentified
|
Well, they can find me at RealSophieRealEstate.com. | |
| It has all of my handles on there for my social media. | ||
| I'm on Instagram as Sophia Real Estate Broker, RealSophie Real Estate, and I'm on Facebook, RealSophie Real Estate. | ||
| I'm on X as RealSophieRE. | ||
| I do the podcasts out there, so if you just Google RealSophie Real Estate, and you go to my website, you go under media, you can find my podcasts as well. | ||
| And I break down a lot of these numbers, too, on my podcasts, and I think it's important for people to understand these numbers. | ||
| I mean, this is an American dream, right? | ||
| Everybody to own a home. | ||
| And it's sad to see these numbers, the dissatisfaction out there. | ||
| And, you know, we really need to sort of restore confidence back into the market. | ||
| All right. | ||
| Well, thanks for what you do. | ||
| Just be in touch with Cameron when you get some new stuff for the War Room Mill. | ||
| And we will see you perhaps in a week or so. | ||
| You take care. | ||
| I want to just as we as we come out of this this segment Keep adding to the list of... Remember, we're never going to use Kamala's name alone. | ||
| She's not a soccer star. | ||
| When you use just a first name, it gives her some kind of more personal aspect to a person who's an empty vessel, really. | ||
| So, Mark Mitchell had Kama Momentum. | ||
| We've got Kamaflation now. | ||
| And I think it's really important to emphasize the role of Kamala Harris in causing the inflation crisis because she's going to spend a lot of George Soros's money trying to convince Swing voters that she had nothing to do with anything and that she's going to blame Trump even though he's been out of office for four years now and she's going to come up with these phony kind of solutions. | ||
| So to be clear, Kamala Harris caused the housing inflation by being the tie-breaking vote on two huge Irresponsible fiscal bills that really ignited the inflation. | ||
| She's caused the rise in energy costs and gasoline prices with her de-fracking and de-leasing of federal lands issues. | ||
| So she's got that. | ||
| They've ignored the supply chains which have caused problems In the food supply. | ||
| And by the way, food prices are expensive because energy prices are expensive because food's grown with fertilizer and fertilizer is pretty much all petroleum. | ||
| Okay, Peter K. Navarro, in for the grand finale. | ||
| Go to that podcast, Apple Podcasts, scan that code, sign up for it, share episodes with your friends, go to chartable.com and you can see whether your efforts are working. | ||
| We'll be right back. | ||
| ...are tired and frustrated by a stalling economy, inflation, endless wars, and the relentless assault on our values. | ||
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| Go to patriotmobile.com slash BANNON or call 972-PATRIOT for your free month of service today. | ||
| Peter Kay Navarro bringing in Cameron to talk about the tax network. | ||
| Cameron, welcome to the War Room. | ||
| What you got? | ||
|
unidentified
|
Well, thank you for having me. | |
| I haven't talked to you since my days in PPO, so it's a pleasure. | ||
| But I'll tell you a little bit about Tax Network USA first. | ||
| Tax Network USA is a leader in tax resolution, offering a comprehensive range of services from handling tax preparation to negotiating directly with the IRS to secure the most favorable and advantageous payment options. | ||
| And we provide tailored solutions that help both individuals and businesses reduce their tax liabilities and stay compliant with tax laws. | ||
| All while aiming to bring significant financial relief to you as well. | ||
| So, PPO, that was the personnel office. | ||
| You worked back there in the White House, is that what you're saying? | ||
| Yeah, I did. | ||
| Back in the day with Johnny Mac and all that stuff? | ||
|
unidentified
|
Yes. | |
| So, the tax network, it's like, what's interesting is, one of the things Kamala Harris did when she broke the tie on one of those votes, was to set up what 80,000 more IRS agents. | ||
| So that's I think your business is going to boom. | ||
| Tell us a little bit more about what the tax tax network actually does. | ||
| And if somebody calls them, what kind of problem would they need to solve? | ||
| How would you guys help? | ||
|
unidentified
|
Yeah, absolutely. | |
| So for our audience, there's so many different options available, and we're all on the same team here. | ||
| That's what's so great about Tax Network USA. | ||
| Like, for small business owners facing IRS issues, there's several relief options exist. | ||
| There's installment agreements, offers in compromise, and requesting hardship status. | ||
| And at Tax Network USA, we are committed to helping protect your business and your personal finances from undue IRS pressure. | ||
| As you've said, the IRS has grown. | ||
| They've been Causing more pressure on everyday Americans, so we're ensuring you're fully supported throughout the process. | ||
| All right, so what is it? | ||
| Give the website again? | ||
|
unidentified
|
Yeah, absolutely. | |
| Getting started is super straightforward. | ||
| You can visit our website at tnusa.com slash Bannon and fill out a quick form, or if you prefer to be more direct, you can give us a call at 1-800-958-1000. | ||
| Again, that's 1-800-958-1000, and we're here to help. | ||
| All right, Cameron. | ||
| Thanks. | ||
| You have a good day. | ||
| Take care. | ||
| You too. | ||
| 1-800-958-1000 and we're here to help. | ||
| All right, Cameron. | ||
| Thanks. | ||
| You have a good day. | ||
| Take care. | ||
|
unidentified
|
You too. | |
| Bye. | ||
| 80,000 more agents. | ||
| I don't think we should lose sight of that fact. | ||
| That's going to be very intrusive. | ||
| They're not going after Mike Bloomberg, let me assure you. | ||
| I don't think the IRS is going to be knocking down the door of George Soros. | ||
| I do think they're going to go after guys like Mike Lindell, not because he's done anything wrong, but because he's Mike Lindell and that's why we got to support the great mustached patriots. | ||
| Mike Lindell. | ||
| What you got for the war room today, sir? | ||
| I'm still waiting for our pillow. | ||
| I'm still waiting for our pillow, okay? | ||
|
unidentified
|
You know what I'm saying. | |
| Today we're going to have our special though. | ||
| I'll pimp that for free for you, man. | ||
| I'll do a nationwide tour for nothing for you, Mike, just to get that. | ||
| Folks, listen, our pillow is like a longer pillow. | ||
| So that if couples can sleep together on one pillow, what a concept. | ||
| That's right, that's right. | ||
| Go ahead, Mike. | ||
| It'll be a little longer than our body pillow. | ||
| What specials you got? | ||
| Well, what we're doing, everybody, we're launching our slipper sale early. | ||
| This is just for the War Room Posse. | ||
| All the sizes are in, the MySlippers, every size, new style, everything. | ||
| You guys, this will probably be the only sale we're having on the slippers because last year we ran out, this year we will definitely run out. | ||
| Get your sizes now. | ||
| This is an exclusive flash sale for the War Room Posse. | ||
|
unidentified
|
$39.98. | |
| Original price $149.98. | ||
| Remember, these aren't just any slippers. | ||
| They're made with patented impact gel and the MyPillow patented foam. | ||
| If anyone that has a pair of these, you know it's the best slipper ever made. | ||
| And you're getting it for the best price in history with this flash sale. | ||
| So this is a War Room exclusive. | ||
| Go to the website, you guys, or call 1-800-873-1062. | ||
| There you're going to see, go down until you see Steve. | ||
| Click on Steve's face there. | ||
| There you save $110. | ||
| This will maybe be a 2-3 day sale at the most. | ||
| Right next to that is the employee sale. | ||
| That's going to be going away. | ||
| Get those MyPillows. | ||
| Those classics for $19.98 for the Queen. | ||
| Get those. | ||
| This is probably going to be another one or two days of that sale. | ||
| And then the other one I don't want you to miss out on is the closeout and the overstock sale. | ||
| You see there for save up to 80%. | ||
| This is our clothing line. | ||
| All of our MyPillow apparel. | ||
| You have all kinds of stuff on there. | ||
| Sleepwear and everything. | ||
| We're closing it out. | ||
| All that stuff is coming this fall. | ||
| You're getting it for pennies on the dollar. | ||
| This is a war room exclusive. | ||
| That will be done in a couple days, too. | ||
| So, everybody, thanks for your support. | ||
| You're supporting my employees. | ||
| You're supporting the War Room, and you're supporting yourself with the best products ever. | ||
| Get these slippers, the lowest price in history. | ||
| They're all the new style sizes are in. | ||
| We will run out of these, but I want the War Room to get it for the best price ever before this fall, so get them now. | ||
| My brother, Mark Lindell, MyPillow, MyPillow.com, support MikePillow.com, Mike Lindell, and you will get a good night's sleep and walk like an angel in those slippers. | ||
| All right, Mike, we'll see you next time, brother. |
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