Sept. 23, 2024 - Bannon's War Room
48:47
Participants
| 
| Speaker | Time | Text |
|---|---|---|
| of this country are loving good people who are being led by the worst people who've ever led a country. | ||
| And that is just true. | ||
| I think that's true. | ||
| I mean it. | ||
| My loathing, my love of Americans and my loathing of their leaders deepens every day that we're on the road. | ||
| It really, really does because the disconnect. | ||
| So what can you do about it? | ||
| Well, you can vote. | ||
| I don't think I've ever encouraged anyone to vote ever. | ||
| But I feel like in this state it's particularly important. | ||
| I'm not a political person. | ||
| I'm not here on behalf of a candidate. | ||
| You can probably guess who I'm voting for. | ||
| I actually am voting this year. | ||
| I am. | ||
| I am. | ||
| But I do think people should vote in the state of Michigan. | ||
| Because there's absolutely no reason you should be led by people who do not share the most basic values of the people of Michigan. | ||
| And I mean from, I always beat up on the east coast of Michigan. | ||
| My wife is actually from the Detroit area. | ||
| I know, boo. | ||
| Oh, I agree. | ||
|
unidentified
|
I know. | |
| And whenever I talk about Michigan, I'm like, there are actually two sides to it, and the West Coast is way nicer! | ||
| But the truth is, there are super nice people over there, too, and Northern Michigan is just like a wonder. | ||
| It's incredible. | ||
| And none of you deserve your leaders. | ||
| None of you. | ||
| I don't care. | ||
| It's true. | ||
| Even the people who vote for them don't deserve them, if I can just say. | ||
| You often hear, we get the leaders we deserve. | ||
| That's a total lie. | ||
| No, you don't. | ||
| No, you don't. | ||
| And you see that around the world. | ||
| I've been to plenty of countries with horrible leaders. | ||
| Those people don't deserve them. | ||
| Nobody deserves leaders like that. | ||
| And so I did hear of something really cool today. | ||
| I've never done anything like this, but I'm going to do it now. | ||
| There's actually a website in the state of Michigan where you can find people who probably would vote for the candidate you're voting for, but don't vote. | ||
| And you can look them up. | ||
| The voter rolls are right there. | ||
| It's called 10X Votes. | ||
| And you can go on there and just contact people you know and be like, hey, by the way, we don't deserve this. | ||
| These people are horrible. | ||
| And we're not horrible. | ||
| We're great. | ||
| And if you're frustrated with these people, even if you don't think the system works, even if you think it's all fake, even if you think they're going to steal it in the end, that's not exactly true. | ||
| You can overwhelm their malintent by your voting. | ||
| And at the very least, you can give them the largest middle finger ever wagged in the face of anybody by voting against them. | ||
| I do think it's important. | ||
| Yeah, that finger, the one you just waved. | ||
| That's right. | ||
| This is the primal scream of a dying regime. | ||
| Pray for our enemies. | ||
|
unidentified
|
Because we're going medieval on these people. | |
| I got a free shot on all these networks lying about the people. | ||
| The people have had a belly full of it. | ||
| I know you don't like hearing that. | ||
| I know you've tried to do everything in the world to stop that, but you're not going to stop it. | ||
| It's going to happen. | ||
| And where do people like that go to share the big lie? | ||
|
unidentified
|
MAGA Media. | |
| I wish in my soul, I wish that any of these people had a conscience. | ||
|
unidentified
|
Ask yourself, what is my task and what is my purpose? | |
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
|
War Room, here's your host, Stephen K. Bannon. | |
| Thank you for joining us. | ||
| The only thing I disagree with Tucker on is, hey, Detroit, we need those brothers and sisters at the UAW to cross lines from their dumb leadership offshoring their jobs to China and vote with the rest of Michigan for Donald John Trump. | ||
| Richard Barris. | ||
| Thoughts on Mr. Tucker Carlson? | ||
| Big thoughts. | ||
|
unidentified
|
Yeah. | |
| Well, thanks for having me as always, Peter. | ||
| And by the way, I wholeheartedly agree with you that just because it's in a Democratic area does not mean there are not low-key Republican votes there. | ||
| Look, what's different about that effort that Tucker brought up in Michigan, which is huge, by the way, Is that there's been a lot of Republican efforts to get out the vote and try to work within this system that nobody really likes, but to register and get out votes and get them to early vote. | ||
| These low proposition and no proposition voters, for the first time in my lifetime, actually favor Republicans and specifically they favor Donald Trump. | ||
| And that has never been the case my entire lifetime, my entire career. | ||
| It has always been because we're having a realignment. | ||
| It's always been that those voters favor Democrats, and when there is high turnout, it usually was a good sign for the Democrat. | ||
| Now that is reversed. | ||
| And 10X Votes, what's different? | ||
| There's a lot of these efforts out. | ||
| What's different about 10X? | ||
| There are a few things. | ||
| One is there's no money in it for consultants. | ||
| This thing is like built for the posse. | ||
| It's built for the grassroots. | ||
| And if people want to go, they go check it out, 10xvotes.com. | ||
| It's in Michigan. | ||
| They're working to get it in other states. | ||
| But it really is the most effective get-out-the-vote that I've seen this cycle, and the reason why is because the methodology behind it is designed using research that was in-depth about the behavioral patterns and trends of these voters and conservatives in general. | ||
|
unidentified
|
Listen, Peter, when A door knocker goes and knocks on a liberal's door, right? | |
| This is like their ideology and their way of life. | ||
| So a stranger can knock on their door that they don't know and it's like, oh right, orange man bad. | ||
| I want to sign up and get on the absentee ballot list and come back and take my vote and I want to vote. | ||
| Republicans, people who lean to the right, they're skeptical. | ||
| They're inherently skeptical. | ||
| They must be approached a different way. | ||
| And the simplest, The genius of 10xVotes is that it is done through people you know, your co-workers, your neighbors, your family members, your friends. | ||
| So you just simply go to the database and you look up people in your social circles and it will tell you whether or not they vote or whether they do, but they hardly vote. | ||
| And then you basically claim them and you tell the system, I'm going to contact them. | ||
| And then obviously we follow up and people can see. | ||
| Whether or not that person signed up for the absentee ballot list, that person was requested an absentee ballot. | ||
| It's the first acknowledgement that voters are different in this country. | ||
| The right and the left don't behave the same. | ||
| And the right is trying to either reinvent the wheel and do it wrong, or they're trying to duplicate what Democrats do. | ||
| And because we behave differently between the right and the left, it's not going to work. | ||
| So 10X is Let's flush this out how this works for the posse. | ||
| I mean let's suppose I'm like part of that 10x army that's going out and recruiting my friends. | ||
| How did they find me to begin with? | ||
| How do they get me to do what they want me to do? | ||
|
unidentified
|
Full disclosure, I found you. | |
| All right, so this is really a multi-layered database that we've had for years that tells us whether or not you do vote or you don't vote, what are your behaviors. | ||
| It's consumer data and automotive data and and a whole lot, over 1,400 attributes per record. | ||
| So we know a lot about you, but of course the most important thing is do you vote? | ||
| And then how would you lean if you did vote? | ||
| And the truth is, you know people in your social circles. | ||
| So if Peter Navarro goes to 10x Votes and decides I'm gonna look up my... | ||
| Let's say I'm, let's say I'm ground zero, the first person that you identify and I want to play ball with you guys. | ||
| can't stand Kamala, can't stand transgenderism or whatever it may be or | ||
| transgender activism, whatever the issue is, you can look them up and say, look. | ||
| So how do you get me to do that? Let's say I'm, let's say I'm ground zero, the first | ||
| person that you identify and I want to play ball with you guys. How do you get | ||
| me then to go talk to my brother or uncle or whatever it is? | ||
|
unidentified
|
Yeah, that's really what it, that's really up to you. | |
| You have to go to the system. | ||
| You sign up for it. | ||
| It's very simple. | ||
| And then they give you access to it. | ||
| And you just simply do a search like you're doing a Google search. | ||
| And then you will put the information in the system. | ||
| Of course, we verify it. | ||
| It gets verified. | ||
| So within a couple of weeks, the state's going to update their voter rolls. | ||
| So let's say Peter decided he's going to go claim that cousin and he's going to go get that cousin out or go get them registered on the absentee ballot list. | ||
| I'm going to see, Tanex is going to see whether or not you did it. | ||
| And again, I don't run it, but I did provide the data for it, which is something that was Woefully, you know, lacking on the Republican side. | ||
| They have latency issues in 2020. | ||
| One of the biggest problems is that they did not use comparable data tools. | ||
| So Democrats were able to see who was signing up and almost real time that we're seeing who was Submitting ballots in almost real time. | ||
| They were saying, you know, basically it was voting almost in real time. | ||
| And Republicans have lacked that. | ||
| You know, under Rona McDaniel, they spend a lot of money, Peter, on data center. | ||
| And it just is, it's like, again, trying to reinvent what Democrats, a wheel Democrats already invented. | ||
| And that's great. | ||
| But they invented it over a decade ago. | ||
| And it's too old. | ||
| It's too slow. | ||
| And it doesn't move fast enough to keep up with real time. | ||
| By the way, since Tucker did that, they've been getting a user every few minutes, which is incredible. | ||
| I think you understand, Peter, this race is likely going to be very close. | ||
| Trump won Michigan by 10,000 votes. | ||
| No question. | ||
| Yeah. | ||
| I can tell you that in the low prop universe that favors Donald Trump, We were able to find enough voters to more than make up for Joe Biden's 2020 margin in that state. | ||
| So what Tucker said is really important. | ||
| It's just feeling on the right that Democrats can just keep stuffing the ballot box forever. | ||
| And the truth of the matter is, that's not really how this works. | ||
| There is a universe of votes, we know there is, and you can overwhelm that system. | ||
| You can't. | ||
| There are plenty, more than enough voters out there that unfortunately don't participate. | ||
| than if you can get them to, then they don't stand a chance. | ||
| That's the truth. | ||
| But the world we live in, it's tough to do that. | ||
| And on the right, the best way is personal relationships. | ||
| And that's why this matters so much. | ||
| Cold door knocking. | ||
| And is this 10x thing organized at a state by state level? | ||
|
unidentified
|
It is. | |
| And it's working to get into Pennsylvania. | ||
| How many states is it working now in? | ||
| Right now it's in Michigan. | ||
|
unidentified
|
Yeah, Pennsylvania looks like the next one. | |
| I mean, I'll keep you posted on that. | ||
| Pennsylvania doesn't look like the next one. | ||
| This is a Michigan thing. | ||
| I mean, can people outside of Michigan who have people who are friends in Michigan use it? | ||
|
unidentified
|
Absolutely. | |
| Yes, absolutely. | ||
| Yeah, without a doubt. | ||
| And then hopefully they do get it. | ||
| I mean, that's ultimately up to how much interest it is, how much interest it finds in Michigan. | ||
| But it definitely is targeting the Midwest and then states that have a lot of low proposition voters. | ||
| A state like the Silver State, Nevada. | ||
| People live off the grid, Peter. | ||
| They go there to get off the grid. | ||
| And it's one of those states where when we do these searches, there's just an unbelievable number of voters who profile for would-be Trump supporters or would-be Republicans. | ||
| I'll be honest with you. | ||
| When I say would be, I mean, it really would be Trump voters. | ||
| These voters that are these first time, never or haven't voted in a very long time, a low prop, two out of four and below. | ||
| These people like Donald Trump a lot more than they like the Republican Party. | ||
| All right, so that is Well, I guess the point I'm trying to make here is Republicans need to take advantage of this now while Donald Trump is on the ballot because once he is not on the ballot anymore, these people are not going to be rich targets anymore. | ||
| They don't trust the Republican Party, not all of them, but most of them. | ||
| They like Donald Trump at a rate. | ||
| Significantly higher than we have seen, you know, affection for any other Republican candidate. | ||
| They distrust the party and then they look at Trump as something different. | ||
| And I mean, it would be the biggest blunder in modern American electoral history not to take advantage of this moment if Republicans did not do it. | ||
| Tucker, is he actively out stumping now or was that kind of a one-off? | ||
|
unidentified
|
No, I think that was like, you know, he saw the value in it and he just kind of popped it, you know, I mean. | |
| I think Tucker shares my opinion, you know, he just said it in the speech that there's this, and it breeds defeatism, and so it has to be stamped out. | ||
| But there's this feeling out there, like I said, that it doesn't matter, your vote doesn't matter. | ||
| When we researched all these people, and we did, we surveyed them in multiple states, large sample sizes, they tell us the same thing over and over again, and it's a lot of the stuff that you'll hear from even high-propensity right-wing voters. | ||
| It doesn't matter. | ||
| The system's rigged. | ||
| My vote doesn't count, right? | ||
| And that is just not true. | ||
| Your vote does count, and they cannot infinitely stuff a box. | ||
| You can overwhelm them. | ||
| And until Republicans get that through their heads, there's going to be that risk of defeatism. | ||
| So I think he saw it. | ||
| He saw the value in it. | ||
| He just popped off. | ||
| It was great. | ||
| When we come back, Richard, if you can, maybe we can just get the latest numbers. | ||
| I'm particularly interested in how this thing is bouncing back and forth and back and forth based on what Kamala is doing, Kamala Harris is doing, broke my rule there. | ||
| So stay with us here. | ||
| Take a tour through the battleground states with the man who knows more about what's going on in real time right now than anyone can talk to right now. | ||
| That's Richard Barris. | ||
| Navarro, and for Bannon, you are in the war room. | ||
| Let's win this election. | ||
|
unidentified
|
Stay right here. | |
| We rejoice when there's no more, let's take down the CCP! | ||
| Six days until the election. | ||
| And what we know, this is going to be a tight race until the very end. | ||
| So let's not pay too much attention to the polls, because let's be clear. | ||
| We are the underdog in this race, and we have some hard work ahead of us. | ||
| But here's the thing. | ||
| We like hard work. | ||
| We like hard work. | ||
|
unidentified
|
Hard work is good work. | |
| Hard work is joyful work. | ||
| Navarro, for Bannon, we like hard work. | ||
| Yeah, we do in the war room like hard work. | ||
| Trying to figure out this underdog thing. | ||
| She comes out of the convention, hides from the press, gets a bump, leading in the national polls, trying to run like an underdog. | ||
| Is she seeing something? | ||
| That her bounce is over. | ||
| Let's go back to Richard Barris now. | ||
| Richard, give us a quick summary of the other polls and then tell us what you are seeing, sir. | ||
|
unidentified
|
So first of all, just that underdog status. | |
| The entire world is against Donald Trump, Peter. | ||
| I mean, the idea that she is the underdog is ridiculous. | ||
| Everyone from Fox News, the people who run Fox News, to the people who run MSNBC want Harris to win and even put their name to an endorsement for her in Fortune 100 companies. | ||
| I mean, that's insane. | ||
| But I would say this. | ||
| I think they do. | ||
| I don't think. | ||
| I know they do. | ||
| See something that the public polls are not showing, or at least not all of the public polls. | ||
| And that is what's going on in the polling universe right now. | ||
| We have no consensus, and we have two schools. | ||
| And on the one side, you have the one school that is showing Harris leading, but leading by unbelievable numbers, Peter. | ||
| That's a fact, you know? | ||
| I mean, Morning Consult is in that, ABC, NBC, you know, to some extent. | ||
| And then you have just some other state polls that are your usual suspects. | ||
| You have Quinnipiac, the usual suspects, and they're showing a race that is her edge and then really an edge that is never going to materialize. | ||
| It's unbelievable. | ||
| And then you have the other school, which shows that it's either tied or Trump with an edge that is a believable edge. | ||
| And when you look at the track records of the pollsters in those two courts, right, in those two camps, really, You know, the ones who are showing the tighter race with Trump with an advantage have better track records. | ||
| And then secondly, with that, Kamala Harris's own polling does not look rosy for her. | ||
| This is an open secret. | ||
| I don't know why the media goes day in and day out pretending as if you gov is correct and she's leading by | ||
| six points and you know, a five point lead in Pennsylvania. That is insane. That is | ||
| not going to happen. | ||
| I mean, folks, they're asking you to believe that Kamala Harris is going to | ||
| beat Donald Trump in Pennsylvania more than Barack Obama beat Plutocrat Mitt Romney. | ||
| I mean, it's just not believable. | ||
| Let me ask you a quick question here. Are these polls reflecting support for Trump or just | ||
| disaffection with Kamala and her radicalness? | ||
| Is the message of who she is getting through yet? | ||
| What's going on here? | ||
|
unidentified
|
Both. | |
| There is a fear. | ||
| Among those reluctant Trump supporters that are now starting to decide and lean to the president, which we're going to show people in a few days in our polling, these are not people that are staunch Trump supporters. | ||
| I had a thesis back in 2020 of the seasick voter, Peter. | ||
| They loved his policies, but they didn't like what they would, you know, chaos is a word that they would use a lot. | ||
| That said, with these particular voters, their fear that Kamala Harris is both inexperienced and too liberal is outweighing their dislike for the chaos that they saw under Trump because it was chaos in the media. | ||
| But it wasn't chaos in the economy. | ||
| It wasn't chaos overseas. | ||
| So they know Trump can do the job and they know Trump did a good job. | ||
| And they are balancing that against their fear that Kamala is just going to be too radical, too inexperienced. | ||
| And when you view someone as inexperienced, I mean, a lot of these voters are pretty savvy. | ||
| The undecided ones who are really thinking about this. | ||
| They're worrying. | ||
| Who is she going to bring in? | ||
| And she's hiding from the media and not explaining herself. | ||
| That's why the debate was not the win that they thought it was going to be. | ||
| And I'll be honest, even I thought she scored a pretty decent win in that debate. | ||
| But ultimately, after talking to these voters, the message of her being radical and then the president ending, you know, if you're a Trump supporter, you wish you regurgitated this over and over during the debate. | ||
| But he did do it at the end, which was smart because it stuck. | ||
| And he basically made the case that she has been the vice president. | ||
| She's been a U.S. | ||
| senator. | ||
| She doesn't do any of this. | ||
| I was president, and I did deliver, and you know I can do this job. | ||
| And that is a powerful message with these folks, a very powerful message. | ||
| So that is one of the strongest tools. | ||
| She wasted all her time at that debate. | ||
|
unidentified
|
Showmanship. | |
| Pummeling Trump. | ||
|
unidentified
|
Yep. | |
| Pummeling Trump instead of explaining who she is and what she was going to do in specificity. | ||
|
unidentified
|
Without a doubt. | |
| And I'm glad you mentioned Fox as wanting Harris to win as well, because the first thing that happened at the end of that debate, I was watching it through Fox, you had Bret Baier come on, Brit Hume come on, and just trash. | ||
| Trump is if they hadn't actually listened or watched What exactly? | ||
| Had happened I see her though Richard. | ||
| Yeah, it's like I saw her give her a little speech on In in Madison to the adoring crowds and things like that. | ||
| I mean she does look confident and On the campaign trail, is anybody going to buy what she's selling? | ||
| Because if you listen to her, you know the monologue I let off on the show, it's like everything she says is a lie, an illusion. | ||
| I mean everything she says. | ||
| And there's this thing, the low information voters, is she believable? | ||
| Do people believe her? | ||
| What's your polling say about that? | ||
|
unidentified
|
No. | |
| I mean, the answer is no, they don't. | ||
| They were giving her a chance, too. | ||
| And I think that's important to note. | ||
| There's a lot of them out there who wanted to believe her. | ||
| They really did. | ||
| But, you know, you actually said it before. | ||
| The number one thing we have heard from those voters who were undecided now are starting to Make their, make their decision is that she did not spend that time telling them why they need to vote for her, should vote for her. | ||
| They all, everything she already told them or, you know, said to Donald Trump or spent her time, you know, berating Donald Trump, everything they heard, they already knew. | ||
| So they don't, you got to remember when you ask whether or not they believe her, this is a woman who was more unpopular than Dan Quayle, more unpopular than Dick Kingney. | ||
| This recent surge in popularity is a media fabrication. | ||
| I mean, they created it. | ||
| They did, and it did work. | ||
| But it's not like they have this affection for her. | ||
| It is just driven by glowing coverage, and that's the handicapped benefit that a Democratic candidate gets for president. | ||
| But it's not real. | ||
| So people are still wondering, What is she saying that can allow me to put my faith in her? | ||
| We used to call it in academia, the presidential bar. | ||
| You have to meet a presidential bar where people can be comfortable with you and say, you know what? | ||
| All right, I know Kamala can do this job. | ||
| Right? | ||
| She has not met that bar. | ||
| That's just a fact. | ||
| And she needed that. | ||
| That's why, by the way, folks, she wants another debate. | ||
| Okay? | ||
| Winners don't beg for more debates. | ||
| Winners, people who are leading, they play it safe and they hold their cards tight to their vest and they try to run out the clock. | ||
| They try to bluff their way to a win. | ||
| They do not try to push for another debate because they did so great. | ||
| They want another bump. | ||
| That's not how it works in politics. | ||
| She wants another debate because she knows she did not do what she needed to do. | ||
| She did not earn that trust. | ||
| So in that confidence. | ||
| All right, Richard, my brother, we got to hit the brake. | ||
| Tell us quickly where people can reach you and support you. | ||
|
unidentified
|
Best place as always, Peter, is on Locals, peoplespundin.locals.com. | |
| peoplespundin.locals.com. | ||
| See you over there, folks. | ||
| Please, this is the man that's going to help us get to the victory finish line, so do support Richard Burris. | ||
| When you get that new stuff, you call us and you get right on the mic, brother. | ||
| All right, Navarro, for Bannon, you're on The War Room, talking real estate and the economy. | ||
| When we come back, you stay right here. | ||
| Thank you. | ||
| With the massive tax hikes proposed by Harris, an almost 40% top income tax rate, 7% increase to the corporate tax, a capital gains tax on unrealized gains, and the fact that she's proposing to add almost $2 trillion to a current $2 trillion deficit. | ||
| You might be thinking it's time to make more of your savings tax sheltered and inflation sheltered. | ||
| This is where I trust the good people at Birch Gold to help you. | ||
| Birch Gold will assist you in converting an existing IRA or 401k into an IRA in gold. | ||
| And the best news, you don't pay a penny out of pocket. | ||
| Just text the word BANNON to 989898 and get a free info kit on gold. | ||
| There's no obligation, just information on fortifying your savings before the crazy times really hit. | ||
| With an A-plus rating, with a better business bureau, and thousands of happy customers, you can trust Birch Gold too. | ||
| Text BANNON to the number 989898 for the free info kit today. | ||
| You owe back taxes, right? | ||
| Here's the question. | ||
| Why is the IRS targeting you and not millionaires who owe a fortune compared to you? | ||
| Rich people have tax attorneys. | ||
| You probably don't. | ||
| Tax Network USA are patriots you want on your side to solve your IRS tax problems quickly and painlessly. | ||
| Their attorneys, strategists, and expert negotiators employ brilliant strategies designed to solve your IRS problem quickly in your favor. | ||
| They have a preferred direct line to the IRS. | ||
| They know which agents to talk to and which to avoid. | ||
| And Tax Network USA learned of a limited-time special IRS offer. | ||
| The IRS is willing to forgive $1 billion in tax penalties. | ||
| Find out if you qualify before it's too late. | ||
| Schedule your free confidential consultation now. | ||
| Look, Tax Network USA has resolved over a billion in tax debts, and they offer a best-in-class client satisfaction guarantee. | ||
| This is the team I recommend to solve your IRS issues so you can get your life back. | ||
| Call 1-800-958-1000 or visit TNUSA.COM slash Bannon. | ||
| TNUSA.COM slash Bannon. | ||
| thousand or visit TNUSA.com slash Bannon. TNUSA.com slash Bannon. | ||
|
unidentified
|
Here's your host, Stephen K. Bannon. | |
| Navarro for Bannon. We go right to the front lines in Ohio where we have some breaking | ||
| news about illegal aliens registering to vote in Ohio. | ||
| I guess that's not supposed to happen. | ||
| Congress says that can't happen. | ||
| They won't vote to stop it from happening, yet it's happening. | ||
| Frank, what's happening, sir? | ||
|
unidentified
|
Well hey Peter, the good news is in the Buckeye State we do something about it. | |
| We check the rolls when we find them, we remove them, and actually refer them for prosecution. | ||
| That's happened over 600 times this year. | ||
| That's a small percentage of the 8 million registered voters, but it's a serious matter and we take it seriously. | ||
| So yes, when the leftists in Washington say, this is not a problem, we should ignore this, they're dead wrong. | ||
| That's why I was in D.C. | ||
| to testify for the SAVE Act just two weeks ago. | ||
| And you, we talked off air, I asked you whether these were recent arrivals, part of the Biden-Harris, Harris not the border czar surge, and your answer is yeah, these are new people that have come over under the Harris-Biden watch, is that correct? | ||
|
unidentified
|
Yeah, we do a check on an annual basis of our voter rolls for non-citizens. | |
| Of course, in an election year like this, we do it much more frequently, so absolutely. | ||
| The mass insecurity that's occurring on our southern border has led to a lot of problems. | ||
| This is just one of them. | ||
| Peter, I actually served on the U.S.-Mexican border as part of a counter-narcotics task force during my time in the Army. | ||
| It was bad then, 20 years ago. | ||
| We know how disastrous it is right now, and there are real consequences in public safety and also as it relates to elections. | ||
| How do you cross-check for illegal registering? | ||
| Is there an algorithm where you can check citizenship by registration? | ||
|
unidentified
|
Well, we use the data from our State Bureau of Motor Vehicles, and that is the first check that we do. | |
| The federal government doesn't make it easy, though. | ||
| Beyond that, we do have some limited access to what's called the SAVE database from the Department of Homeland Security. | ||
| They don't make that easy to use. | ||
| There are three other databases that DHS should make available to us, but as of this date, Alejandro Mayorkas has refused to do that, even though we've repeatedly asked for access to those databases. | ||
| That's the kind of thing that would change under a Trump administration in a heartbeat. | ||
| When does voting start in Ohio? | ||
|
unidentified
|
October 8th is when early voting begins, but actually last Friday is when our overseas and military voting began. | |
| So thousands of ballots have already gone out to our overseas and military personnel. | ||
| For the rest of us, early voting begins October 8th, and that's right around the corner. | ||
| All right, my brother. | ||
| We'll have you back. | ||
| You find some more, you give us a call, we'll get you back on. | ||
| I'm going to bring in Sophie now, who will give us an overview of her thoughts on the latest 50 basis point cut by the Fed and what that's doing or not doing in the housing market. | ||
| Sophie, welcome to the War Room. | ||
|
unidentified
|
Thank you, Dr. Navarro. | |
| Nice to see you. | ||
| Thanks for having me. | ||
| So I wanted to bring to the audience's attention the Q&A that happened when the Fed Chairman Powell was announcing his 50 basis point reduction. | ||
| There was a reporter that specifically asked him about the housing affordability and what this rate cut means and it was so astonishing to me that the answer to that question was very elusive. | ||
| Being that the housing market covers such a huge part of this CPI number that we were talking about, the fact that the chairman would say that this is something that's lagging a little bit, being the housing market affordability, or if rents can just remain low. | ||
| The CPI number was at 2.5%. | ||
| The goal was 2%. | ||
| Many would even argue that it was not justified to lower this rate at all. | ||
| Many were expecting a 25 basis point just to sort of to do a catch-up. | ||
| So you can't look at this as any other way in my opinion as being political. | ||
| Because the housing market really accounts if you take into account utilities, insurance, it can account for up to 70% of this number. | ||
| So the fact that it was being sort of brushed off in the question and answer session there was astounding to me. | ||
| Housing prices continue to rise with the low inventory. | ||
| In August, there was a 0.5% increase in homes and in rents. | ||
| So this mortgage rate, I want to also point out, is really driven by the Treasury yields. | ||
| A lot of these mortgage rates have already been locked in or baked in from July when we saw some of that number come down. | ||
| And despite the mortgage rates coming down, we are still seeing low mortgage applications. | ||
| So, what is that telling you? | ||
| It's an affordability problem that is not being addressed. | ||
| These 50 basis points, I would even argue, would actually hurt the situation. | ||
| Because all you're doing is increasing the demand. | ||
| And when you're doing that and not doing anything about the inventory supply, you're just going to be driving up prices even more. | ||
| We have that lock-in effect we spoke about. | ||
| Right now, the mortgage rates are around 6.2%. | ||
| However, 86% of all homeowners have rates that are less than 6%, 80% of them have rates that are less than 5%, and 62% have rates less than 4%. | ||
| So this is not doing anything to address that problem, which is very concerning. | ||
| And, you know, just to kind of highlight how much of an affordability problem that we have. | ||
| You know, Michigan, for example, has a $42,000 median income to qualify for rent. | ||
| Meanwhile, their income ranges at $39,000. | ||
| You're already in the negative right there as far as affordability goes. | ||
| Chairman Powell was saying if the rents remain low, I mean, that's one example. | ||
| Rents are not low. | ||
| Rents are 20, 30% higher. | ||
| We're seeing in Pennsylvania, Wisconsin, Michigan, Nevada, 30% higher home prices. | ||
| We're seeing Georgia, Arizona, 44% and 40%. | ||
| of 44 percent and 40 percent. | ||
| We're seeing Atlanta rents up 38 percent. | ||
| Pennsylvania the low income housing shortage. | ||
| We only have 38 available units for every 100 people that are low-income qualifying. | ||
| This is a problem, and I wish that the chairman would have considered that when he was reducing his fed rate and making decisions for us and acting like the inflation story has been solved. | ||
| So let me see if I can unpack some of this. | ||
| We have high interest rates, high mortgage rates. | ||
| They're higher than the average mortgage rates of most homeowners now. | ||
| So anybody who has a lower mortgage is less likely to sell their home. | ||
| So there's less turnover in the existing home market, which makes it more difficult for first-time home | ||
| buyers and everybody else. | ||
| So that's an issue. | ||
| We're apparently not building enough homes at this point. | ||
| And that may well be the result of the high cost of building | ||
| materials. | ||
| Kamala Harris has been in Office now almost four years. | ||
| These mortgage rates and interest rates have risen. | ||
| She's done nothing about it, but now she says she's going to solve it by throwing $25,000 of taxpayer money over here to some favored group over here. | ||
| What's the likely impact on the housing market? | ||
| of the Harris plan, Sophie, with respect to housing prices. | ||
| Will it drive housing prices up by a little bit, a lot, or all 25,000? | ||
|
unidentified
|
I would argue at least $25,000, if not more, because all you're doing in that instance is increasing the demand. | |
| You're not doing anything to improve the inventory numbers or to improve people's affordability. | ||
| That's the real key here, is the affordability. | ||
| I mean, you can lower rates, but if these prices are surging higher than to offset the reduction in the mortgage rates, it does nothing. | ||
| You're just increasing it even more. | ||
| Taking the dreams away from people who want to be homeowners. | ||
| And Sophie, when the Fed lowered rates by 50 percent, when they lower rates 50 percent, that's what they call the short term. | ||
| That's the shortest term rate that there is, whereas mortgage rates are the longest. | ||
| They're 10, 15, 30 year mortgages. | ||
| What happened to interest rates On the long end of the curve, as they say, did they go down 50 basis points following the Fed or did they stay the same or go up? | ||
|
unidentified
|
No, they did not go down. | |
| It was actually baked in already from July in anticipation for these rate cuts. | ||
| So the mortgage rates, like you said, are driven really by the yield number. | ||
| So we have not seen any change right now. | ||
| And I don't expect to see much change in the future under this plan that they have. | ||
| The projection is to be at 5.5% by the end of 2025. | ||
| But like we were mentioning before, if you've got the lock-in effect with these rates. | ||
| rates at 4% and less, still not going to solve the problem of affordability. | ||
| And throwing money at the situation is not going to help anybody except cause foreclosures, | ||
| rent arrears. | ||
| I mean, you can give people money, but if they cannot afford to live there, there is | ||
| no sense in doing that to people. | ||
| You're not helping people. | ||
| And the housing shortage, the bill that you mentioned, it is true. | ||
| The cost of building materials is a big thing. | ||
| It's also locally, regulations locally, government doesn't really run homes that are being built. | ||
| You know, she's proposing, you know, that they're going to do 3 million new homes, but we've seen a decrease of almost 1% in new home construction this year. | ||
| Sylvia, thank you so much. | ||
| Tell us, having been in touch with you, Sure, thank you. | ||
|
unidentified
|
You can go to my website, RealSophieRealEstate.com. | |
| All of my handles are there. | ||
| I'm going through media. | ||
| You can find my podcast. | ||
| I break a lot of these numbers down. | ||
| And I got all the handles. | ||
| I'm on Rumble, too. | ||
| RealSophie Real Estate, RealSophie Real Estate Podcast. | ||
| So I hope you tune in. | ||
| But thank you for having me, Dr. Navarro. | ||
| It's really super important that people understand this. | ||
| It was a pleasure. | ||
| You always give us such grim news, but it'll get better under Trump. | ||
| Thank you, Sophie. | ||
|
unidentified
|
It will be better. | |
| Thank you. | ||
| All right, Navarro here. | ||
| We're coming up for the big finish after the break with the great Mike Lindell. | ||
| You are in the War Room. | ||
| Stay right here. | ||
| We've seen it time and time again. | ||
| Somebody exposes the truth just to be labeled a conspiracy theorist realist, only to be proven right later on. | ||
| Well, let me tell you about the next thing you should be concerned about. | ||
| Government geotracking of your phone and other devices. | ||
| We've seen the government use geofencing to track the devices of individuals on January 6th, leading to unwarranted arrests without evidence of wrongdoing. | ||
| Stop big tech and government overreach. | ||
| There's no other option. | ||
| You have to protect yourself. | ||
| Silent offers an efficient, easy solution to protect your location and personal data. | ||
| Their Faraday products block all incoming and outgoing signals, so no one can get their hands on your information. | ||
| Simply place your device inside, close the sleeve, and that's it. | ||
| You're off the grid, untrackable, and safeguarded from unauthorized access. | ||
| Go silent today at slnt.com slash Bannon to save 15% plus free shipping on qualifying orders. | ||
| Stay ahead of what's coming and secure your privacy today. | ||
| Again, that's slnt.com slash Bannon for 15% off and free shipping on qualified orders. | ||
| Take down the CCP! | ||
|
unidentified
|
Everything's just beginning for the games you want to play. | |
| Bring it on and I will fight to the end, just watch and see. | ||
| It's all started, everything's begun and you are over. | ||
| Cause we're taking down the CCP! | ||
| Spread the word all through Hong Kong. | ||
| We will fight till they're all gone. | ||
| We rejoice when there's no more. | ||
| Let's take down the CCP! | ||
| Here's your host, Stephen K. Bannon. | ||
| Tomorrow, in for Bannon. | ||
| We'll be with you this week, 10 to noon on Wednesday and Friday, Eastern Time. | ||
| It's going to be movie week. | ||
| Dave Bossie on Wednesday is going to debut an incredible movie that he made that features A lot of time interviewing Donald John Trump, but it's also an expose of Kamala the illusionist, which was the theme of my monologue this morning. | ||
| The central fact of Kamala Harris is that she is what she is and she's trying to make you believe that she is what she says she is and the difference between what she is and what she says she is is wider than the Grand Canyon and therein lies the tale and it's our job | ||
| Here in the policy, it's a job the legacy media is not doing, exposing that because... | ||
| She's gambling that the so-called low-information voter, the folks who don't read anything or listen to anything, will be susceptible somehow to the messages coming out of her lying mouth that finds them. | ||
| And truth is An antibiotic against the disease that Harris is spreading. | ||
| I want to just remind you about my book, The New MAGA Deal, at newmagadeal.com. | ||
| Newmagadeal.com. | ||
| It's the unofficial deplorables guide to Donald Trump's 2024 platform. | ||
| It's published by Don Jr.' 's house. | ||
| And the reason it's important is it's a hundred actions in a hundred days and 37 chapters half of which are written by former stars of the first Trump administration. | ||
| And it stands in sharp contrast to the bag of nothing that Kamala Harris has offered the voters of this country. | ||
| She's literally Has nothing. | ||
| We had, as just a recap, Andy Big's very somber news on the continuing resolution. | ||
| It looks like the Uniparty is going to go ahead and push the can down the road again. | ||
| What that emphasizes, folks, is that this election is not just about winning the presidency, about winning All three branches of government. | ||
| It took all three branches to put me and Steve in prison. | ||
| Legislative, executive, judicial. | ||
| And what we have right now is a house controlled by the Republican Party, but the Republican Party itself, unlike a unified Democrat Party, the Republican Party is a mischief of factions. | ||
| We have the true folks who really have The welfare of this country in the Gates's and Biggs and Eli Cranes of this world. | ||
| But then we got a bunch of purple congressmen who are quick to vote with the Democrats. | ||
| And then we have a leadership in Mike Johnson. | ||
| I mean, I can't think of a single thing he's done that was pure posse-esque. | ||
| He's just not with us. | ||
| And the way we change it is to get that House with a large Republican majority and get some fresh leadership in there. | ||
| All right, let's go right now to Mike Lindell. | ||
| I'm astonished that you can offer a sale with a price and somehow the media finds malintent in a simple number. | ||
| Mike, what the hell's going on? | ||
| They will not stop. | ||
| What's going on here, Mike? | ||
| Well, we announced a sale last week. | ||
| It was on the War Room. | ||
| We got pillows back from a box store that canceled for $14.88. | ||
| And we have other pillows for $29.88, all these different prices. | ||
| Well, the $14.88, they pulled some more. | ||
| $88 means Hitler. | ||
| So all weekend, they called me a racist. | ||
| They called me, I mean, you name it. | ||
| If you check out social media, this went all the way up to the Daily Mail. | ||
| And this hit job and hit job on my pillow, all because why? | ||
| Because their CEO wants to secure our elections and go to paper ballots hand-counted like 132 other countries have already done. | ||
| And the attacks are just relentless. | ||
| And now to attack a price? | ||
| I think Walmart uses 88 in a lot of their stuff. | ||
| When you reduce it, it just transpires to, hey, it's even a sale on a sale, which we're going to go ahead and do here at the War Room. | ||
| I'm just going to push back. | ||
| So I put everything on sale with that 88. | ||
| If we put up the classic collection, here it is, everybody. | ||
| You got the You got the queen-size pillow $18.88, the king-size $19.88. | ||
| These are sales on sales. | ||
| The multi-use MyPillow is $9.88, BodyPillow is $29.88, and we still have that standard for $14.88. | ||
| So, you know what? | ||
| Peter, I'm just tired of this. | ||
| My employees They work hard making pillows here, 100% made in the USA. | ||
| You can go to the website, go down till you see Steve's face, and then click on that, and there's free shipping. | ||
| I'm gonna push back even more, free shipping for the War Room Posse today on your entire order. | ||
| So get those big ticket items too, like the, there you see the mattress topper as low as $99.99. | ||
| Get your mattresses now. | ||
| Remember, they tried to destroy our country with high shipping prices because of gas. | ||
| And we're pushing back. | ||
| We're going to eat that shipping for you all today. | ||
| And we're going to be pre-shipping on your entire order. | ||
| And we're going to do those pillows on sale. | ||
| $19.88, $18.88, $9.88, $14.88. | ||
| I can't believe the media can figure out a way to attack me on my own pricing. | ||
| Call my pill 800-873-1062. | ||
| And there was a lot of concern this weekend with everyone going, Mike, you've got to take | ||
| these prices down. | ||
| 88 means Hitler or some crazy thing. | ||
| I said, oh, really? | ||
| Did you tell that to Walmart and other stores? | ||
| Who are they to tell me my prices? | ||
| It's unbelievable. | ||
| But anyway, we're pushing back. | ||
| Everything's on sale. | ||
| War Room Pasta, you get free shipping on your entire order. | ||
| No matter what you order, big ticket, small ticket, don't matter. | ||
| All right, my brother Lindell, you are a patriot, sir. | ||
| You go out and preach the gospel, and use whatever numbers you think can sell your products, because we need you in the hunt, brother. | ||
| You and your employees. | ||
| Navarro in for Bannon. |
Export Selection