Sept. 14, 2024 - Bannon's War Room
48:57
Participants
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| Speaker | Time | Text |
|---|---|---|
| This is the primal scream of a dying regime. | ||
|
unidentified
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Pray for our enemies. | |
| Because we're going medieval on these people. | ||
| I got a free shot on all these networks lying about the people. | ||
|
unidentified
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The people have had a belly full of it. | |
| I know you don't like hearing that. | ||
| I know you try to do everything in the world to stop that, but you're not going to stop it. | ||
|
unidentified
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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. Bamm. | ||
| Before the break, you were just telling me about the increase of house prices. | ||
| In the battleground states that's obviously going to hit in these six key six swing states. | ||
| That's obviously. | ||
| going to hit people and leave them less disposable income. | ||
| The figures that you're citing through it are horrific. | ||
| But that's not the only way people are being hit, because what money is left in their pocket | ||
| is increasingly worthless because of inflation, consumer price inflation. | ||
| Tell me a bit about, if you will, about this nationally. | ||
|
unidentified
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Sure. | |
| The Consumer Price Index number came out last Wednesday and it showed the smallest increase since January of 2021, which was, it only went up 0.2% and overall through the year, 2.5%. | ||
| But it's not a sigh of relief because the measure of Consumer Price Index is a measure of the cost of goods and services that households use. | ||
| And 70% of this overall number is attributed to the housing market. | ||
| And what we're seeing in the housing market are these soaring home prices. | ||
| And we actually saw the largest increase this past month of 0.5%. | ||
| And that was for rent and for purchase of a home. | ||
| So we're not seeing any end in sight to this housing affordability problem. | ||
| price index number that we're seeing although you on the | ||
| surface they may try to say that this is a positive number | ||
| it's an indicator that inflation is under control- but | ||
| really when you break it down and you see that 70% of that | ||
| number is attributed to housing. It's still a source of | ||
| to be cautious- what to see that inflation is really not- | ||
| under control until we get the housing. Affordability under | ||
| control- like we were saying in the battleground states- we | ||
| also see you know in in Atlanta in particular in Georgia. I | ||
| mean home prices going up 65% over the last couple years and | ||
| rents thirty five percent. | ||
| Um, Arizona being one of the least affordable states for home buyers, um, affordability has dropped by 29% almost just in the past couple of years. | ||
| So throwing money at a situation with this, you know, giving people money for down payments, lowering the interest rates, is really not going to cut it. | ||
| If people cannot afford to live in a home, giving them money to be able to afford a down payment is not going to help them. | ||
| It's just going to cause an increase in foreclosures, an increase in rent arrears, because they're not going to be able to afford to be in that home. | ||
| It's important to look at it that it's multifaceted, looking at it through a wide lens and not through a myopic view. | ||
| It's not one solution. | ||
| It's going to take fiscal responsibility with government spending, with revenue coming in, with increase in wages. | ||
| So it's going to need a complete overhaul to really show an improvement in the satisfaction of consumers in the housing market. | ||
| I pushed out on Getter, I think it was last week, about ten days ago perhaps, an article in the Wall Street Journal with the headline that Americans are working two jobs and they're still not able to make it to the end of the month. | ||
| There aren't enough hours in the day, I think. | ||
| And I think your breakdown here, it's almost word for word, something I've said actually, by the way, sort of repeatedly on this show over a number of years. | ||
| But I think your analysis here is a good explorer for people, from a technical point of view, of why they have so little money in their pockets. | ||
| Sophia Georgiou, thanks for coming on the show. | ||
| Briefly, before you go, where do people go if they want to keep up to date with your analysis? | ||
|
unidentified
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Sure. | |
| They can go to my website, RealSophieRealEstate.com. | ||
| I have all my handles there. | ||
| If you go under media, you'll see I have links to my podcast. | ||
| I'm on Rumble now. | ||
| You can find me if you go to RealSophie. | ||
| I've got the podcast there. | ||
| I break down these numbers. | ||
| But thank you very much for having me today. | ||
| I think it's a super important issue, and it's really become a huge factor in the upcoming election. | ||
| So I hope people take note of it and make the best informed decisions. | ||
| Absolutely. | ||
| Sophia, many thanks indeed. | ||
| God bless. | ||
| Well, thank you. | ||
| Well, something that I think Steve Bannon was mentioning so many times that every hundred or so days, A trillion dollars is being added on to the national debt. | ||
| Well, folks, your national debt now stands at, I think, $35.3 trillion. | ||
| And as we all know, anyone who's ever had a personal overdraft with the bank, you have the debt, you have the principal, but then you've also got to pay it off, right? | ||
| That's just the same for nations as it is for individuals. | ||
| So how much, Americans, are you paying? | ||
| to service your national debt. | ||
| Rich Stern, my next guest, is going to break down these figures that when I saw them this morning, I thought someone somewhere is having a joke here. | ||
| Rich, good morning. | ||
| What's the headline figure here? | ||
| How much are you? | ||
| I gather a new record has been made. | ||
| Tell me about it. | ||
| Yeah, good morning. | ||
| Thanks for having me on. | ||
| It's horrific. | ||
| So I mean, the national debt itself is about $265,000 per American household. | ||
| I often refer to it as America's second mortgage. | ||
| It's about the size of a mortgage. | ||
| And it's on a house that not only do you not own, do not have equity in, but the government built and lit a match to. | ||
| And that represents stolen work out of the economy, stolen investment. | ||
| That can't go to more economic growth. | ||
| But, you know, what you were just talking about there, we've now paid as Americans over a trillion dollars this year so far in interest payments on that debt. | ||
| So, you know, we're looking at, by the end of the year, per American household, having spent something close to a thousand dollars just on interest payments, just on the federal debt per household. | ||
| I mean, it's horrific. | ||
| This is already the debt spiral. | ||
| Rich, Rich, I've got to do a Steve Bannon here. | ||
| Woah, woah, woah. | ||
| Let's have that figure again, right? | ||
| This is the figures out for August. | ||
| This is how much America has paid, still not paying off. | ||
| It's debt. | ||
| This is simply to service the debt. | ||
| Interest repayments for…tell me, what is the annual…this is like annualised, right? | ||
| What is the figure now on the current trend of where you are according to August? | ||
| I think the fiscal year is from September to…was it September to September or something? | ||
| So you've got another two months? | ||
| Tell me, what's that headline figure once again? | ||
| $1 trillion. | ||
| Yeah, end of September, end of September. | ||
| We're over $1 trillion right now, but we are headed to, on an annualized basis, about $1.2 trillion, almost $1.3 trillion. | ||
| So that's $1,000 a year per American household, just on interest payments, just to rent the money we've already borrowed. | ||
| Can I break that down, right? | ||
| That is to say, on current trends, by the end of the fiscal year, by the end of September, it's going to be like $1.3 trillion on interest repayments, not paying down the debt, just servicing. | ||
| It's like having a credit card, right? | ||
| Just servicing the debt. | ||
| Over the course of the year it will come out to about 1.3 trillion dollars. | ||
| How much money is that? | ||
| Well, here's the thing, here's the breakdown. | ||
| That would be more than the United States spends on defence, more than you spend on income security, health, veterans benefits, Medicare, It will be the second biggest outlay for the US government, right? | ||
| That is how much money we're talking about. | ||
| And on current trends, if you actually hit that sort of 1.6 trillion by the end of the | ||
| year, that new record, it will be your, the largest outlet. | ||
| You, America, will be spending more money I'm servicing the national debt that you will be spending on any other single budget item. | ||
| Wow. | ||
| That is what you get, folks. | ||
| I'm going to pick up the themes, but I said it in the last segment. | ||
| That is what you get when you have the adults in the room, the normal. | ||
| So that's what they promised you. | ||
| This is what you've got. | ||
| Right. | ||
| This is what you've got. | ||
| It's a project of the Democrats, isn't it? | ||
| It's a turn North America into South America, and it seems to be accelerating. | ||
| Tell me something. | ||
| What I haven't read, Rich, in the background of all this, is the D word. | ||
| Is anyone talking about a potential default? | ||
| Well, I think what you're already looking at is we're already in the death debt spiral, right? | ||
| To your point, when you're looking at a budget where the second largest line item, perhaps the largest line item in a minute here, is going to be just interest on the debt, you're already in a debt spiral, right? | ||
| The Congressional Budget Office's estimates are that over the next generation, by far, the leading contributor to new debts is going to be interest on the debt. | ||
| So, now here's the rub on this, and I think this is the crucial part of this. | ||
| Why are mortgage rates so high? | ||
| Why have they been so high? | ||
| Because of the deficit, because of the interest payments from the government. | ||
| There's a finite amount of money in money markets, and so the government is quite literally eating everybody else's lunch in those markets. | ||
| So it means that if you're a small business wanting to get your hands on money, you can't. | ||
| If you're a prospective homeowner wanting to get a mortgage, you can't, because it's going to the federal debt and deficit. | ||
| So that question of default gets to the heart of this matter that I think is very important for everyone to realize here. | ||
| There's no physical way for the U.S. | ||
| government to default on dollars. | ||
| The government has the absolute constitutional right to shoot whoever it wants to get tax money or to print as much money as it wants at the Federal Reserve. | ||
| So it is actually a constitutional requirement of the government to either jack up taxes or inflation taxes on whomever it needs to to satisfy its debts. | ||
| Now, Will the dollar lose all value in markets? | ||
| Will people stop using the dollar? | ||
| That's what we're risking here. | ||
| Maybe not tomorrow, but somewhere over the next decade because of just how large the deficits are, how bad the trajectory is. | ||
| And so keep in mind, you know, gold prices are setting records. | ||
| And this is why. | ||
| Because what people are anticipating is wanton, reckless increases in taxes and money printing that satisfy this unworkable situation. | ||
| We have to cut the government spending. | ||
| We have to do it now. | ||
| Richard Stern, can you, if you can't respond to this before the break, we've got two minutes coming up, if you can't just hold on and finish this on after the break, but just can you give the woman possibly an idea of something here? | ||
| So you said that the average household is spending, the average household or the average individual is spending a thousand dollars per year simply on servicing the interest on the national debt, right? | ||
| Where does that money go? | ||
| To whom? | ||
| If American taxpayers and Austrian economists often like to say, not entirely erroneously, that the federal government is really basically a glorified tax collection agency for private interests. | ||
| But just to put that to the side for this discussion, If individuals are spending $1,000 a year on tax-serving debt, who gets that money? | ||
| So a good chunk of it goes overseas, right? | ||
| There's a large chunk of U.S. | ||
| debt that is held in China, Japan, places like that. | ||
| So some of that money is going abroad that way. | ||
| But the other place that money is going is, frankly, to other Americans. | ||
| But then if you think of it like this, it's a wealth redistribution program from people who are working and wage earners now to people who are older, who have savings, who worked in the past, right? | ||
| It's a wealth transfer from those that are young, without money, to those that are old, with money. | ||
| But, you know, more than that, right? | ||
| Most of the time when you make investments, you pay interest off of that. | ||
| It's a real investment in productive assets. | ||
| There's a company that's built a new factory. | ||
| There's a builder that's building new homes. | ||
| And the debt represents their business activity. | ||
| Here, you're just feeding the beast. | ||
| That money is being used to hire DI agents to shut down churches and raid small businesses. | ||
| And then it's a wealth transfer on top of that. | ||
| So it's just bad money chasing more bad money. | ||
| Again, harming the American middle class. | ||
| That's perfect, Rich. | ||
| Thanks very much. | ||
| Listen, where do folks go? | ||
| You're doing excellent work at the Heritage Foundation. | ||
| Where do folks go in 10 seconds to just keep up with your analysis? | ||
| Well, thank you so much. | ||
| You can find me at Rich A. Stern on Twitter. | ||
| You can, of course, also look up my bio on heritage.org and that of all my colleagues and see all the pieces we've written. | ||
| And thank you again. | ||
|
unidentified
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Always a pleasure to be on. | |
| Rich Stern, thanks very much. | ||
|
unidentified
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We'll be back in two minutes. | |
| Honnold here at the home filling in for Steve Bannon. | ||
| Brian Costello, good morning to you. | ||
| I note that there has been somewhat of a kerfuffle between two individuals, neither of whom are particularly esteemed on the wall here. | ||
| And this is China. | ||
| Right. | ||
| And this is the appropriate containment strategy to follow. | ||
| On the one hand, if you imagine this like a wrestling ring or a boxing ring on the one party, you've got foreign affairs chairman Michael McCaul, whom we don't like on the wall. | ||
| But on the other hand, we've got financial services chairman Patrick McHenry, who between the two of them is probably the more loathsome. | ||
| And they and their respective committees have different approaches to how to handle China. | ||
| Tell me a bit, this week's been a special week for China. | ||
| Tell me a bit about the difference in policy between these two committees, because whilst | ||
| I think it's fair to say on behalf of the war in Parsi, a pox on both their houses, | ||
| it doesn't necessarily indicate that we don't have a dog in this particular fight of the | ||
| two positions. | ||
| Yeah, let's, let's talk about, I mean, in this particular case, we're not on the side | ||
| of the little bow tie wearing treasonous man and that lasts. | ||
| I use that last word, man, lightly. | ||
| Patrick McHenry, who's chair of the House Financial Services Committee, has been trying to hold up successfully, I might add, and he's been doing this for almost two years now since he's been chair of the House Financial Services Committee, restricting investment into China. | ||
| So what they want to do is they want to create a new organization and he fought this back. | ||
| They were trying to put this back last year in the National Defense Authorization Act and there were 91 senators and he single-handedly pulled it out of the bill. | ||
| So what he's trying to do is basically keep open investment into China and not have it run through a process and he's been battling with McCall who's on the House Foreign Affairs Committee Who they've been supposed to kind of put this bill through and it was China week in Washington this week and it was one of the things suspiciously absent. | ||
| They weren't able to get anything done. | ||
| And I know the posse knows we've done a lot of McHenry. | ||
| He's a lame duck. | ||
| So here you have a guy leaving Washington. | ||
| Ninety one senators are on board with this. | ||
| And he single handedly is keeping the investment door open for Wall Street into China. | ||
| Because I guess that's his strategy, right? | ||
| The rolling door between the lobbyists and Congress. | ||
| He's going to leave Congress and he's going to straight in on the other side of the pig trough, get his snout in there. | ||
| So basically you're saying on this particular issue, the war in Portsmouth, you might more want to support the position of McCord on the Foreign Affairs Committee. | ||
| Tell me about how that difference breaks down, because my understanding of this, and also could you say a bit about the China week and what it is and why it's useful for the CCP and what it tries to get out of that. | ||
| But my understanding of this difference in policy is that McHenry, Yeah, so the difference is what today the burden is on the U.S. | ||
| targeted sanctions being applied because companies don't necessarily know whether, you know, | ||
| what their position is, whether they're able to trade with China or not. | ||
| Whereas McCool wants a more, is in favor of more blanket tariffs, more blanket sanctions. | ||
| Is that about right? | ||
| Yeah. | ||
| The difference, so the difference is what today the burden is on the US government to | ||
| find a company and restrict it. | ||
| And McHenry's saying that's working just fine. | ||
| He wants to keep that. | ||
| And what the new legislation does is the new legislation puts the burden on the companies to the companies and the investors. | ||
| This is mostly, you know, private equity, hedge fund, public investors who are to report to the government when they're actually making an investment in China. | ||
| And it kind of reverses the game. | ||
| And then they would put an organization in place and what they call an outbound CFIUS that kind of looks, you know, and as we get into these strategic areas like artificial intelligence, semiconductors, autonomous technologies, and these things have broad use across both the private sector and the military sector. | ||
| And in the lines blur, this becomes much, much more important. | ||
| And what I would also add, Ben, to what the viewers need to understand is this vehicle Which is US elite investing in China is one of the vehicles that's used to buy off politicians in Washington. | ||
| So you have people like Michael Moritz, a big Democratic donor for Biden and Harris, who has made substantial China investments through his venture fund. | ||
| And that money flows back into a nonprofit called Crankstart out of San Francisco. | ||
| And it supports a bunch of Democratic slush fund initiatives, including immigration voting | ||
| through different groups. | ||
| And so this is a vehicle used to buy off D.C. | ||
| So it's very concerning that here's McHenry basically fighting, putting some restrictions | ||
| on the vehicle the Chinese government uses to buy off Washington. | ||
| McHenry's Kevin McCarthy's poodle, right? | ||
| Tell me, how useful in this debate has Mike no Johnson Johnson been? | ||
| Has he taken a public position between his two lieutenants? | ||
| Listen, you know, there's only certain times they get You know, legislation pushed through it, right? | ||
| It seems like there's a big push here because they're all trying to win elections to show I did this and that. | ||
| And to have a lame duck head of the House Financial Services Committee, which is an important committee who's looking at important things like this, I think is, you know, outrageous. | ||
| This was a McCarthy appointed person. | ||
| It's something Speaker Johnson could pull him aside and say, you're going to do this or we're going to, we're going to remove you, right? | ||
| Like, and actually put somebody in place to do it. | ||
| To let somebody single-handedly and this is this is no like this isn't new right like Casey and Cornyn put this in the national the senators put this in the National Defense Authorization Act back last year and McHenry stripped it up so everybody knows for a year he's been basically trying to keep the China investment door open and that he also at the time he stripped it up then a year ago that was at the same time he announced he was stepping down. | ||
| Yeah, because you want a good year's running to appropriately feather your nest. | ||
| Figure out what your quid pro quo is to, you know, protecting Wall Street in China. | ||
| And, you know, the question is, like, you know, who is he doing it for? | ||
| I mean, listen, he's not representing the interest of his constituents. | ||
| He's not even representing the interests of his colleagues. | ||
| He's single handedly kind of holding this thing up. | ||
| And, you know, Speaker Johnson. | ||
| Perfect. | ||
| OK, let's talk about Speaker Johnson, the great testicle-less wonder. | ||
| What is he doing here publicly? | ||
| What's he doing here to support the America First position? | ||
| You know, listen, I mean, he's got chairs of the committee like, you know, somebody sent me a text last night. | ||
| You know, we've got Mike Turner, his chair of House Intel, that he didn't swap out McCarthy. | ||
| First of all, he's actually the congressman for Springfield, Ohio. | ||
| So why isn't he out? | ||
| Why doesn't he have his chair of his house, Intel, out in Springfield, Ohio, on the streets with the people, you know, supporting Trump in terms of what's going on there with the immigration, right? | ||
| Why doesn't he, you know, why isn't he holding McHenry's feet to the fire to actually do this? | ||
| This is what his constituents want, right? | ||
| This stuff's very clear. | ||
| And you know, it's just, it's not a priority for him to win the election, it seems like. | ||
| So, you know, I have some serious questions there in terms of what he's doing. | ||
| So let's just get this, let's just synthesize this correctly in the final minute, Brian. | ||
| On this issue to do with trade with America's number one existential enemy on the geopolitical stage right now, Mike no Johnson Johnson, who has all the cards and all the power necessary in his hand, hasn't done anything to rein in one of his own congressmen who is leaving Congress anyway and is, by all accounts, by all judgment, is simply preparing his post-congressional career. | ||
| Is that how weak this gentleman is? | ||
| Is that what you're telling me? | ||
| 30 seconds. | ||
| Yeah. | ||
| I mean, listen, these aren't even ambiguous positions, Ben, for the constituents, right? | ||
| Like, I mean, you have everybody on board with this China thing. | ||
| You have, you know, Turner coming out saying he wants to approve his chair of the House Intel against the party. | ||
| You know, he came out the day of the election launching. | ||
| Yes. | ||
| So, you know, Speaker Johnson can step up on this. | ||
| Hold on. | ||
| Hold on, Brian. | ||
| Did you know there is nearly $1 trillion of infrastructure and pandemic funds yet to be spent? | ||
| 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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|
unidentified
|
War Room. | |
| Here's your host, Stephen K. Bann. | ||
| Welcome back. | ||
| Brian Costello, I remember when President Trump was in the White House and he was announcing his slew of China tariff policies, that he was attacked across the board for this. | ||
| And yet, not only is the Biden administration Not particularly rained back on them. | ||
| It's actually sort of strengthened them in some cases. | ||
| The New York Times, of all newspapers, never once having put aside editorial space to say anything nice about President Trump. | ||
| It's now complimentary towards the Biden administration. | ||
| But on Friday, yesterday, the administration had announced measures that's going to add tariffs to Chinese products worth tens of billions of dollars. | ||
| These tariffs will range from seven and a half percent to 100 percent and apply in clothing, solar panels, electric vehicles, syringes, steel and other goods. | ||
| Tell me something about this, please. | ||
| Because I don't understand how Donald Trump could be pilloried by the globalists one moment, and then those same people will pivot. | ||
| That goes down the memory hole. | ||
| And they're now praising the Biden administration for doing the very things that they criticized the Trump administration for doing. | ||
| How does that work? | ||
| You know, Biden, in my eyes, had a pretty good week, actually. | ||
| He did two things. | ||
| He put on a MAGA hat first off, and then the second thing he did is he signed an executive order to close what's called the de minimis loophole related to the China tariff. | ||
| So when President Trump put the China tariffs in place, Goods under $800 were immune and this allowed and China saw this and this directly mapped to the ramp up of two companies, right? | ||
| There's a company called Sheen, which is a discount retailer, which is, you know, one of the top retailers in the US now. | ||
| And there's a company called Timu. | ||
| And so these companies are able to avoid the tariffs because their shipments are under $800 and the way they bring things into the country. | ||
| So what they did is they closed that loophole. | ||
| So what China's done is they've taken our manufacturing industry with cheap labor. | ||
| Right, with cheap labor, with protectionary measures domestically, with predatory practices, with intellectual property theft. | ||
| You know, some of these companies are being sued for stealing designs from U.S. | ||
| and European retailers, and then they dump these goods into the U.S. | ||
| at cheap prices. | ||
| And you could say the U.S. | ||
| consumer is advantageous from this, but about China, it's always gaining A foothold, right? | ||
| So you started to see these companies like Timu, and maybe this is why the Times wrote the article. | ||
| I don't have insight into that. | ||
| But Timu bought seven Super Bowl commercials, right? | ||
| So what happens is these Chinese discount retailers then buy off like the pharmaceutical industry, buy off big media, you know, using this to not say anything bad about China or confront certain folks. | ||
| So I think it was a really, really good move. | ||
| that they actually put this in place and closed this loophole last week, it's obviously a talking | ||
| point to say they're tough on China going into the election and something that Vice President | ||
| Harris will probably start to use as maybe she does an interview or two. If that ever happens, | ||
| a one-on-one tough interview. I think it's only fair to take a moment aside to compliment | ||
| President Trump on this because he had the courage to go against basically the whole | ||
| of the professional class, all the vested interests and say, no, no, we need tariffs on China. | ||
| This move, because you can see now not only Biden, but also the The campaign around cackling Kamala are imitating Donald Trump, right? | ||
| They're giving Donald Trump light now. | ||
| That's really a testament, I think, to Donald Trump's judgment, right, and the courage, the pioneering courage that he had to go ahead and do these things, that the Democrats now feel they The electoral obligation to imitate him. | ||
| Obviously, they're not going to do a good enough job as him. | ||
| Obviously, there's some elements of this that are simply going to be performative because they've cottoned on to the anger of the American people. | ||
| But it is a testament to Donald Trump, I think, and his capacity to steer the ship of state in such a direction that even those who claim to be so Yeah, and I think what we've seen, I think, you know, one of the reasons you've probably seen the Biden, you know, Trump, President Trump, again, was ahead of the curve on this, right? | ||
| One of the reasons you've seen the Biden administration continue these things, as we've actually seen a strong China, is not helpful for the US. | ||
| We know that China is buying 80 85 percent of Iran's oil, you know, which then goes to fund these various terrorist organization. | ||
| We know that China is supporting Russia. | ||
| And so a strong economic China ends up supporting. | ||
| Oh, everybody's like this will balance out the relationship and they'll be just like us. | ||
| But what we've seen is strong economic China provides financial support to our other enemies. | ||
| So as Trump put tariffs and shut off access to certain things in the market and did this, it was helpful. | ||
| And the Financial Times reported something last week, Ben, which was really interesting, which is in 2018, there were 52,000, approximately, startups in China. | ||
| In 2020 created, new companies created. | ||
| This year, there were 1,200 created. | ||
| Right, and this is really policies from two or three years ago that start to kind of kick in and hit investment flows and things like that. | ||
| The one thing I have questions about is some of these companies being moved to Singapore and positioned as global that are really Chinese companies or are we really, we're doing, you know, some of these policies started to kick in and really hit China economically that were put in place under the Trump administration. | ||
| Did you see, talking about Springfield earlier, did you see Trump has pledged to deport the Haitians in Ohio City if he's elected? | ||
| That I think would be an interesting, and I thought that was a particularly, yeah, that's a typical Trump move, don't you think? | ||
| A boss move. | ||
| He's had a lot of kickback against his cats and dogs And I don't know, folks, you know, you'll be seeing social media as much as I will. | ||
| And you'll see the clips. | ||
| I mean, I sent something out. | ||
| I posted on Getty yesterday the most disgusting thing I've ever seen. | ||
| I've ever posted on social media. | ||
| Certainly, it was a guy of someone chewing, basically, the throat out of a live cat being recorded. | ||
| I don't advise you to see, because it's literally one of the things that once seen, you can't unsee it. | ||
| And I'm a cat lover. | ||
| I've got three cats and a dog here. | ||
| But I put that out because, you know, people need to see that, you know, that they're focusing, Brian, on the wrong issue here. | ||
| Right. | ||
| Because you spoke about Mike Turner earlier. | ||
| People are focusing on the wrong issue, on this cats and dogs thing. | ||
| It's really important. | ||
| I'm so happy that Trump hasn't backed down on this. | ||
| They're saying, oh, you know, they're not, you know, no Haitians have been involved. | ||
| There are no pets going. | ||
| Missing in Springfield. | ||
| But if you look at the very pedantic way they're responding, you know these things are taking place across America. | ||
| If it's not one group of third world illegal invaders in one town, they're in the other town. | ||
| If they're not eating cats there, they're eating geese there. | ||
| But you try and pin Democrats down, or even a lot of rhinos down, and they just smash it. | ||
| And I'm so happy that Trump has to be proud of him, actually, that, you know, as always, he's | ||
| not backing down. | ||
| Tell me what you were saying just a few moments ago that you thought Mike Turner ought to | ||
| be slightly more supportive, shall we say, of the Republican nominee on this issue. | ||
| Listen, you have, you know, as Steve used to call him, the doofus from Dayton or the | ||
| dunce from Dayton. | ||
| In his district, you have, you know, has become a national spotlight. | ||
| You know, and this is a guy, he's a member of the gang of eight, right? | ||
| The inside of the intelligence committee. | ||
| So on the day of the debate, he's pushing out a letter saying we need to approve shooting long-range missiles into Russia from Ukraine, basically escalating a potential World War III. | ||
| And he has 22,000 illegal immigrants in his district. | ||
| My first phone call, if I was representing Springfield, Ohio, would be to call Speaker Johnson and say, we're going to go to a press conference right in the district. | ||
| And I would do a press conference and I would talk about this issue and I would talk about how it's impacting my constituents and I would, one, I would support President Trump, but I would also support the people of my district and not the illegal immigrants. | ||
| So this guy's off trying to create World War III and completely ignoring that his district has become, you know, part of the national spotlight. | ||
| My last reading, Brian Costello, my last update on this is that actually after this meeting between the US and the UK in Ukraine, Lincoln and Lammy, David Lammy is our British Foreign Secretary, they've actually decided not to advise Biden not to authorise Ukraine to use non-US-supplied long-range missiles in Russia. | ||
| They've backed down from that very sensibly, given that President Putin has said that had Biden authorized that, that would mean NATO and Russia would be at war. | ||
| So with regards to just to to that Ukrainian point, I think I think that the crazies have been walked down off the ledge. | ||
| Could you tell me just moving back to Ohio? | ||
| I want to stay on this point just for a moment. | ||
|
unidentified
|
And it is important, right? | |
| We spoke in the previous segment with Sophia Georges about the accelerating, exploding house prices across the battlefield states, the six swing states, of which Ohio is not conventionally considered to be one of them. | ||
| Americans, as we head towards the final lesson two months before the election, Americans haven't felt so poor in decades. | ||
| And the only thing the Democrats want to talk about, they don't want to talk about the exploding price value of houses, they don't want to talk about rent, they want to talk about Laura Loomer, and they want to talk about cats and dogs. | ||
| Brian Costello, stand by please. | ||
| I'll just take your final concluding thoughts in a couple of moments after this short break. | ||
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|
unidentified
|
Here's your host, Stephen K. Bannon. | |
| We'll be hearing from the legendary Mike Lindell in just a couple of minutes' time. | ||
| But Brian Costello, before you bounce, you said something I think which is pretty important, and I want to underline that for the woman posse and anyone in the show. | ||
| You mentioned the House Intelligence Committee, Mike Turner, right? | ||
| Missing in action in Ohio, nowhere to be seen on perhaps the most Visible election point this far in the campaign arising out of the debate, presidential debate. | ||
| The only thing that Democrats want to talk about right now is Laura Loomer and to suggest that Haitians have nothing to do with the disappearance of pets. | ||
| In Springfield. | ||
| You have a point, I think, to make before you go about just the total abdication of leadership and responsibility on behalf of these people on the GOP side. | ||
| Yeah, I think, listen, you know, we can talk about China, we can talk about We can talk about the immigration issue. | ||
| We can talk about all this stuff. | ||
| We can talk about Laura, who I quite enjoy. | ||
| But the reality is we have an election that's going to shape the country coming up here. | ||
| And I don't know why every single congressional representative isn't in its district making sure that we have election integrity. | ||
| I don't know why Speaker Johnson isn't having a hearing and calling up as we come up on October and we usually have the October surprises, knowing the pattern of conduct. | ||
| In terms of suppressing information and misinformation, all the heads of the social media companies and have them testify in front of Congress. | ||
| They're going to make sure people in their organizations don't interfere and make sure that none of the agencies are working with these social media platforms. | ||
| Call the social the agencies. | ||
| And, you know, there's a lot when you have the gavel, there's a lot you can do to put attention on issues and you can be proactive. | ||
| Right? | ||
| You know, one of the jobs of Congress is to shape future policy. | ||
| So you don't just have to be reactionary and do investigations. | ||
| You can be proactive. | ||
| And a leader, a Speaker of the House, people with gavel in the committees, they would step up. | ||
| Turner should call, you know, the intelligence community in and have a public hearing that they're not going to do anything. | ||
| People that oversee Homeland Security and some of these organizations are accused. | ||
| Congress needs to step up right now over the next 50 days and make sure that we have integrity in our election. | ||
| Perfect point to close on, Brian Costello. | ||
| You know, it reminds me of something I said before, certainly in America, that the presidential election or election to Congress or to Senate aren't the most important part of an election for Americans because of the way your system works. | ||
| It's the primaries that are the most important point. | ||
| These people shouldn't even be on the ticket. | ||
| They shouldn't even be on the ballot. | ||
| They should have been primaried, some of them decades ago. | ||
| That really has to be after this election, after the conversations about election integrity, we've got them all out of the way. | ||
| That, I think, has to be the number one priority for this movement in terms of its party machinery, primarying the people. | ||
| Most of the GOP, they're performative. | ||
| On this occasion, they're not even going through the motions of pretending. | ||
| Brian Costello, where do folk go to keep up with your analysis? | ||
| Pretty, pretty simple. | ||
| Just on X, BP Costello is my Twitter account. | ||
| You know, and there's, Ben, I would just add, there's a pattern of conduct here that's egregious by agencies, by media companies, and we need to get in front of it. | ||
| You know, we need to make sure this country is about fair elections is the most important part. | ||
| Fair elections and free speech are the two things that make us work. | ||
| Fine. | ||
| Cristela, thank you very much. | ||
| Thanks, Ben. | ||
| Take care. | ||
| God bless. | ||
| Fair elections and free speech. | ||
| My next guest, my final guest today, Mike Lindell. | ||
| I'm sure those are two words that you've spent basically This is your life's ambition, to bring these two things back to the United States. | ||
| Look, we've only got three minutes, and I want to talk about my pillow. | ||
| Just give me a minute, if you will, because I know you've spoken, you're probably one of the most moving people I've seen in public life, talk about how his faith in Jesus Christ has dragged him out of the abyss, right? | ||
| You are a testament to the miracle of the grace of God in our lives. | ||
| God bless you for your testimony. | ||
| What do you think What do you think when you hear a man who claims to be Pope say that, which he did like a few days ago, all religions, they're all paths due to God. | ||
| Jesus Christ said, I am the way, the truth, and the life. | ||
| None shall come to the Father but through me. | ||
| As a Protestant, what do you think? | ||
| I'm scandalized by the Catholic Church right now. | ||
| What do you think? | ||
|
unidentified
|
It's a shame. | |
| It really is. | ||
| We're in a spiritual battle, and that's part of this battle of evil and good in this world right now. | ||
| And I've told everyone, you know, when I spoke at the White House a couple, three, four years ago in the Rose Garden, and I said, God's given us grace for such a time as this. | ||
| A nation had turned its back on God. | ||
| People come up to me all the time and say, Mike, this doesn't feel like grace. | ||
| I said, oh, but it is. | ||
| I said, we are in the best time in history to be alive. | ||
| People see this stuff and hear this nonsense. | ||
| And they're pouring into this bucket of Jesus Christ. | ||
| We are in the greatest revival in history for Jesus Christ. | ||
| If you can't go out now and evangelize and ministry to your family or to your neighbors, to anyone, people don't look to God when things are going good. | ||
| They look to God when things are going bad or nonsensical, all this nonsense that's out there. | ||
| So I use things like I hear like that for encouragement, going, you know what? | ||
| Go read your Bible. | ||
| Let's get back in the Word and we will save our nation. | ||
| and we will save people for eternity. | ||
| Amen. | ||
| Or amen, as you say. | ||
| Tell me, closing 60 seconds, Mike Lindner, tell me about what the office is about. | ||
|
unidentified
|
You guys, we had a box store cancel their big order on us. | |
| We finally had an order. | ||
| You guys take advantage of this. | ||
| I think there'll be enough for the weekend. | ||
| They're $14.98. | ||
| The MyPillows, the famous MyPillows, $14.98. | ||
| Denver, if you can put up that, there it is. | ||
| The blowout sale, $14.98, using promo code WARROOM. | ||
| This is the wholesale price they cancel us on. | ||
| We're putting a limited 10 so you all can get one. | ||
| You can get a bunch. | ||
| Get them for every room in the house right now. | ||
| Normally $49.98. | ||
| This is a war room exclusive. | ||
| You guys have almost gone. | ||
| They should be gone by Monday. | ||
| You guys have responded to this. | ||
| It's helped my employees. | ||
| It's helped my pillow. | ||
| Go to the website. | ||
| Use promo code WORM and there's go down till you see Steve's face. | ||
| There's the blowout sale. | ||
| There's our sheet sale, our MyPillow mattress toppers. | ||
| The slippers are on sale. | ||
| That's a Worm Room exclusive. | ||
| Promo code WORM. | ||
| Mike Lindell, God bless you. | ||
| Shout out to the live chat. | ||
| Thanks for staying with us. | ||
| We'll be back at 10 a.m. | ||
|
unidentified
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on Monday. |
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