Speaker | Time | Text |
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This is what you're fighting for. | ||
I mean, every day you're out there. | ||
What they're doing is blowing people off. | ||
If you continue to look the other way and shut up, then the oppressors, the authoritarians get total control and total power. | ||
Because this is just like in Arizona. | ||
This is just like in Georgia. | ||
It's another element that backs them into a quarter and shows their lies and misrepresentations. | ||
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This is why this audience is going to have to get engaged. | |
As we've told you, this is the fight. | ||
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All this nonsense, all this spin, they can't handle the truth. | |
War Room. | ||
Battleground. | ||
Here's your host, Stephen K. Bannon. | ||
Okay. | ||
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Wow. | |
A lot to get through in this hour as we wrap up another work week. | ||
Got a great show tomorrow. | ||
Don't miss it. | ||
Got Ed Dow in from Hawaii. | ||
Doesn't that sound great? | ||
Everybody up freezing their tush off in the Midwest, in the Northeast, and even down in the South. | ||
Very cold even in the Imperial Capital. | ||
Birchgold.com is the sponsor. | ||
Birchgold.com slash Bannon. | ||
End of the dollar empire. | ||
Got Modern Monetary Theory coming out. | ||
Make sure you get on there in order. | ||
Put your name in. | ||
By phone, Bannon at 989898. Request, they got all the free information kits on IRAs, 401ks, how to actually own gold in this current environment. | ||
It's a hedge against times of turbulence. | ||
Ed Dowd. | ||
I've been wanting to have Ed on for a while because I read his Twitter feed and, you know, it's pretty scary. | ||
Ed's a very smart capital markets guy and I've got a couple questions for him. | ||
Ed joins us. | ||
Oh, AmFest. | ||
AmFest is going to start next Thursday, the 19th. | ||
I will be one of the first night speakers along with Tucker Carlson, Don Jr., myself, a couple other folks. | ||
NFS.com, put in War Room, and you get a 25% discount on a general mission ticket. | ||
We're going to be doing a lot of stuff there. | ||
Grace and Mo will be coming out with kind of an order of events of what we're going to do. | ||
We're really looking forward to it. | ||
Great way to end the year. | ||
Great way. | ||
If you're in Phoenix, Easy to get to. | ||
Make sure you sign up. | ||
If you're coming from around, you couldn't have a better way to kind of kick off LA season. | ||
It'd be a lot of fun. | ||
Celebration, but also a lot of serious stuff about going forward. | ||
The great Ed Dowd joins us. | ||
Ed, a couple of things. | ||
I got $50 billion. | ||
Here's what concerns me. | ||
They're just... | ||
Number one, you're going to kill more people like this. | ||
Those folks are patriots for the country. | ||
They're standing up for the country. | ||
That's going to get mauled. | ||
This is why you have 500,000 casualties in the Ukraine or more. | ||
And you get, I don't know, a couple hundred thousand, 500,000 I hear up to. | ||
That's not going to stop the Russian army. | ||
Just not. | ||
I realize it's patriotic, and you're doing the best for the home team, and you got that, but that is just useless, meaningless slaughter. | ||
And that's what's happening, letting them down the perverse path. | ||
Maniacally, instead of putting their pencils down, they're just up in your grill, and you got $50 billion loans here, the arms shipments going here. | ||
We don't have any more ammo left. | ||
I'm not so sure we got the guy, the Admiral from the South China Sea said, hey, yo, yo, if the balloon goes up with the Chinese, and I'm just repeating what Krebs is telling me, Krebs? | ||
Who told me that the election in 2020 was the most secure in human history, and then he comes in 2024, and he's going, they're in our grid, they're in our water system, they're in the coffee systems. | ||
I mean, they're in, boom, but they're everywhere. | ||
He said, they're everywhere. | ||
They're all over in every system, except for the machines. | ||
I'm not a machine guy, but it kind of jumps out the page at you. | ||
Then I got the situation with the drones. | ||
President of the United States, Trump, and like, he's president. | ||
Right? | ||
Even MSNBC, they're crying, and New York Times, they're weeping. | ||
Boom, he goes to Notre Dame Cathedral. | ||
Was Biden there? | ||
No. | ||
And Biden's a big Catholic. | ||
He's always rubbing your nose in his Catholicism all the time. | ||
Right? | ||
He's in Notre Dame? | ||
No. | ||
Trump shows up like Charlemagne. | ||
They're all trying to touch the jacket and, you know... | ||
It's unbelievable. | ||
All the guys that hate him. | ||
You know why they hate him? | ||
Because he made him go to 2% and now he's making him go to 3%. | ||
Right there, the headline. | ||
That's why they hate him because all those people out there love to have that, steal that money if they could. | ||
Now you got the border. | ||
You heard Oscar Blue Ramirez and Ben are one of the reasons that this became a big issue because they put themselves in harm all the way from the Darien Gap. | ||
Hell, they went through the Darien Gap. | ||
When the BBC and CNN and NHK, they couldn't pick it out on a map. | ||
These guys were down there. | ||
They're down there now saying, hey, guess what? | ||
They got the app and the cartels of guys are giving us stink eyes because they just want as many people. | ||
They're down there on the Beast. | ||
They're at the little train station right where the Beast comes through. | ||
Beast comes through. | ||
All aboard, boys. | ||
Get up here. | ||
Cartels got your money. | ||
Get up here. | ||
We've got to deliver you. | ||
We've got to deliver the goods. | ||
Except for Mayor Adams today. | ||
Hey, Mayor Adams is going full ultra-maga. | ||
Ultra-maga, according to Elon Musk, who's now under investigation by the SEC, for being ultra-maga. | ||
Mayor Adams goes buck wild today. | ||
500,000 kids are missing. | ||
Not Breitbart, not the Hoffs over at Gateway, not Darren Beattie, not the great Citizen Kane. | ||
Nope. | ||
It would be the mayor of New York, a Democratic mayor of New York, I might add. | ||
Of all that being bad, the invasion and the wars, I got to tell you, those are bad and we got to figure them out. | ||
You got to get rid of these folks and everything. | ||
But something is existential and you're not going to be able to pull it back. | ||
We're adding a trillion dollars every month and you're just not. | ||
First of all, turn it around. | ||
But once it's there, it's there. | ||
Once it's up on the balance sheet, it's never going to get paid back. | ||
Hell, we got over $30,000 in interest. | ||
And Ed Dowd's here to tell me, hey, Steve, I got bad news for you. | ||
It's worse than you think. | ||
This is where I had to get Dowd on here for a Friday. | ||
We're going to send you to happy hour, and you're really going to need a happy hour. | ||
Put the wines and the beers away. | ||
Go right for the hard stuff. | ||
Ed Dowd, let's talk first about the zero hedge thing. | ||
The first two months of the fiscal year, October, November, an all-time record, $624 billion. | ||
And they had the sub-headline, hey, Elon and Vivek and the Doge crowd, suck on this. | ||
This is a runaway train, and the runaway train is going to run you over. | ||
Your thoughts, Ed Dowd? | ||
Well, I heard Scott Bessent on your show put it best. | ||
It looks like the spiking of the cannon continues at accelerated speed the last couple of months here. | ||
It's criminal what we're seeing, and it's only going to add to the problems in the Trump administration as a lot of his policies are going to unwind all that spending. | ||
Some of that spending does leak into the economy, but most of it has been marginal productivity, negative government jobs, illegal immigration handouts, And party favors to the Democratic donors. | ||
So this is a disaster waiting to happen. | ||
And I got, unfortunately, even more bad news when we get into talking about what I'm seeing. | ||
Okay, but hold on. | ||
Before we get off that, before we get off that topic, you're going to give us more bad news. | ||
Why do you say it's criminal? | ||
I say it's incompetence. | ||
Hey, I'll go criminal in a second. | ||
But why, you're a capital markets guy. | ||
Why do you say, when you look at it, and zero hedge implied it. | ||
Zero Hedge, they put their toes right up on that line about criminal activity. | ||
It's kind of what this email, which is kind of shocking about Elon, because I know Spyro, and Spyro does not send a letter like that to the SEC unless he's trying to beat something back. | ||
And they're implying more than just a civil charge. | ||
And I think they've given Elon like 24 hours or Monday morning calls. | ||
To sort it out and pay some sort of fine and make some sort of restitution. | ||
I don't know the details. | ||
But why do you say what the government has done, what the Biden regime has done, is criminal, sir? | ||
Well, look, the last 18 months, this economy has been floated by crisis deficit spending. | ||
Crisis level spending, meaning we've had running a debt to GDP ratio, our deficit spending ratio of 8%. | ||
We did 10% in the Great Financial Crisis. | ||
What kind of crisis is going on here? | ||
I'll tell you what the crisis was. | ||
It was to get them re-elected and hide a recession that should have showed up at the end of 23 and 24. They gave the economy a bunch of sugar juice. | ||
A lot of that juice was illegal immigration, handing out stimmies in the form of monies to NGOs to facilitate this, direct payments to illegals. | ||
It was a tremendous amount of money. | ||
We let in under the Biden administration 10 to 15 million illegal immigrants. | ||
And this has been a short-term juice to the economy. | ||
On top of that was the unprecedented government job hiring that went on. | ||
I think there was like 750,000 in the month of September alone. | ||
These two things that we've added to our national debt, the marginal productivity of both those activities is negative. | ||
So that's criminal in my mind. | ||
They are literally robbing from the future to get elected. | ||
Now, I want to say something about what Ed just said. | ||
It's 8%, which is in a crisis like World War II or something like that. | ||
And Keynesian theory, I don't know, go to 10%. | ||
But these are massive numbers when you're not actually in a crisis. | ||
And we've passed the pandemic. | ||
In France, and I just want folks to understand this. | ||
The government of France fell for the first time, the parliamentary part of it, for the first time since 1962, a vote of no confidence. | ||
What was that about? | ||
They're at 6%. | ||
Which is killing them because you can't have a deficit percentage of GDP at that high when you're not the prime reserve currency because how in the hell are you going to finance it? | ||
So they all collectively agreed, we've got to get from six, we have to get the three right away. | ||
How are we going to do that? | ||
We're going to raise taxes and cut servers, do things. | ||
All of it, the first cut, the elites in France put it all on the working people. | ||
It was going to be, I guess, their medical insurance, different things that working people depend upon. | ||
And Marine Le Pen said, hey, we're not going to do that. | ||
We had an alternative. | ||
They came back and said, we're going to stop sending money back to Brussels. | ||
We're going to stop sending money to the French, still the rest of the French colonies in the Levant and in Lebanon, Syria and Sub-Saharan Africa, different places. | ||
They're trying to be big shots and still keep the little rump of the French Empire. | ||
They said, we're going to do that. | ||
And they had a fight, and they had a vote, and the government fell. | ||
This is what we're in now, what Ed's saying, what Beth's saying, everybody's saying, hey, I don't know, we're at 6%, 7%, 8%. | ||
It's insanity. | ||
And if you look at what's the first two months, you almost border, is this acts of omission or acts of commission? | ||
You have to ask that question, and you're going to have to investigate this. | ||
This is another investigation that's got to take place, because nobody can kind of figure out what the hell they're doing. | ||
Doubt, am I too far off on that? | ||
And this is going to lead, that getting that from 8% down to 3%, which is Scott Bessens, remember the 3-3-3, 3% of deficit to GDP, 3% growth, and 3% of 3 million barrels per day of production. | ||
For us to get from the 8 or the 3... | ||
Lord have mercy. | ||
That's doge-level stuff. | ||
And you're not going to do that with an NDA on the military spending of $900 billion. | ||
I'm throwing it at a random number. | ||
$900 billion. | ||
Ed Dowd. | ||
You're not too far off the mark. | ||
The last two months' spending is unconscionable. | ||
It's such an outlier. | ||
You have to say to yourself, what's going on? | ||
Is there criminal activity going on where they're just handing out money to their favorite NGOs? | ||
We don't know what's going on. | ||
Like you said, there needs to be an investigation of what happened the last two months. | ||
Seriously, it's insane. | ||
So I want to go to your tweet. | ||
This is from Ed Dowd earlier today. | ||
The U.S. weeks before a new administration decides to steal frozen Russian assets, setting a new precedent, escalates tensions and gives a boost to the BRICS de-dollarization plans. | ||
U.S. $20 billion to Ukraine to be repaid from Russian assets. | ||
Ed Dow, tell us what we're doing here. | ||
This is a combo platter where you merge in the disasters financially to the war. | ||
So you've got columns 1 and 2 are now merging, which they're all going to merge before long, when you're going to have a thing called a, wait for it, A crisis in America. | ||
Ed Dowd, they're stealing Russian assets. | ||
How are they doing this and backing these loans? | ||
So, Jim Rickards pointed this out months ago, that the Biden administration was floating the idea of seizing some of the assets of the Russians to pay for the Ukraine war. | ||
We've never in the history of the U.S. taken someone else's... | ||
We've frozen their capital, but we've never taken their money. | ||
If you want to give credence to the BRICS and a de-dollarization effort, this is something you would do definitely to wobble the reserve currency status. | ||
Biden in October signaled he was going to do this. | ||
Yellen just pulled the trigger on Tuesday with all the news going around. | ||
A lot of people didn't see it. | ||
I didn't see it until today. | ||
Basically, $20 billion of what they're giving to Ukraine is going to be backed by Russian sovereign wealth assets. | ||
Now, they haven't taken it yet. | ||
And so it's contingent upon Ukraine paying back that loan, and if they don't, obviously, they'll steal the money. | ||
And there's some legal challenges going on in the EU. So it's not a done deal, but Janet Yellen stated the intent, and she's sending, quote-unquote, a strong message to Russia for their part in the war that they have to pay. | ||
So this is unprecedented. | ||
It's going to, you know, chip away at the confidence of the dollar. | ||
The good news is that hopefully when Trump gets in there, this can be fixed. | ||
Unwell. | ||
But we did not do this to Imperial Japan, and we did not do this to the fascists in Italy, and we did not do this to the Nazis, and we didn't do it to the Soviet Union, which we had nuclear weapons pointed at each other's heads. | ||
Didn't do it there, but got to do it to the Russians now. | ||
Got to do it. | ||
Got to do it. | ||
Same people rubbing up and loving on the Bolsheviks, loving on Stalin and that crowd. | ||
So, Ed, now we get to the bad news. | ||
Folks, that was an appetizer. | ||
That's the best news we got in this segment. | ||
Ed, tell me about this chart and tell me why, when you saw it, you got it over to me and said, hey, I got to get on and explain this to the posse. | ||
Tell me, on a Friday afternoon, right before happy hour, what does this chart mean and why is it bad news? | ||
Yeah, if you can put up the chart, I can walk us through it. | ||
This is a chart of The QCEW, which is the Quarterly Census of Employment and Wages, versus the Nonfarm Payroll. | ||
Now, these two series are both done by the Bureau of Labor Statistics, and the Nonfarm Payroll is the estimate, the monthly estimate would be every month, and the QCEW is reality after the 16 million institutions report the actual wages and salaries and employment numbers. | ||
And it's a lag. | ||
So this report is ended June of 2024. It came out in November. | ||
And if you look back to 76, there is a disparity between the two series, but over time, they should average around zero. | ||
We just had the most significant disparity to the downside of employment between the reality, the QCEW, and the non-farm payroll of You know, one and a quarter percent, which actually roughly translates into one and a quarter million jobs. | ||
And if you can see that little spike down, that was the last QCW report that was published in November for June ended 24. That little spike down is a seven sigma event. | ||
So what is that telling us? | ||
That's telling us that we've either had gross bureaucratic incompetence or fraud Or a combination of the two. | ||
It's been my contention and zero hedge and a lot of economists that something funny was going on with the nonfarm payroll numbers. | ||
Even Jerome Powell referenced it in one of his FOMC meetings. | ||
So this is a leading indicator that something went horribly wrong at the BLS. The real numbers are much lower. | ||
This has implications for other departments that calculate statistics. | ||
The BEA, the Bureau of Economic Analysis, because of the QCEW report that came in June, has already revised down some of the income accounts. | ||
They're responsible for GDP. I'm sure they'll be revising that bogus 3% GDP number down. | ||
Again, this is private sector versus private sector. | ||
This is without the government jobs. | ||
Going forward, there's going to be even more bad revisions because I think when the September QCW comes out, and that's going to come out in February, the Trump administration is going to be hit with more economic revisions to the downside. | ||
I wonder if the BLS is going to find reality once Trump gets in there. | ||
This is starting to work its way into the capital markets. | ||
I personally think there's a combination of fraud and bureaucratic incompetence. | ||
If there is fraud, this affects three distinct entities that have made bad decisions on this economic data. | ||
The Fed, corporations, and the capital markets. | ||
And this has potential to rock the confidence in the capital markets. | ||
Hang on. | ||
Here's what I understand. | ||
Help me out here. | ||
If this was a publicly traded company, The SEC would be in here in a second kicking down the door and putting shackles on the CEO and the CFO and frog march you out because you gave massively misleading information. | ||
Why, since people trade off this stuff and they take it to government numbers, particularly from Bureau of Labor Statistics, which we've had a big problem with, is supposed to be like Caesar's wife. | ||
This doesn't sound like it's just incompetence, that there's something else going on here. | ||
And why is the SEC going after Elon Musk for the Twitter transaction when this thing looks like it's 10x bigger, sir? | ||
I don't want to get people panicked, but this reminds me of the big short except with the US economy. | ||
This is the implications. | ||
What do you mean? | ||
Meaning that lots of institutions are on the wrong side of lots of investments and trades due to falsified or very incompetently collated information about the economy. | ||
And I would also contend the stock market and a lot of markets structure has changed since I was doing this in the 08-09 crisis. | ||
It was 70% fundamental investors running capital markets. | ||
Now it's 5% fundamental investors in the stock market, 95% passive and algos and computers that run off of the statistical data, but there's no human input. | ||
They take the numbers as gospel. | ||
Yep, because it's supposed to be. | ||
Ed, I'm going to lose you in a second, but I want you to respond to this. | ||
Breaking on the Wall Street Journal, even as we speak... | ||
Folks, take a seat if you're walking around a stand-up. | ||
You're going to want to be sitting down for this. | ||
Headline, Wall Street Journal, just across the wire. | ||
Trump team weighing options for preemptive airstrikes on Iran's nuclear program. | ||
And we repeat, Trump team weighing options for preemptive airstrikes on Iran's nuclear program. | ||
And I want to read, quote, that's, This is quoted from the Wall Street Journal. | ||
A Friday afternoon. | ||
And I quote, Two people familiar with their conversations | ||
said, signaling he is looking for proposals to prevent that outcome. | ||
The Wall Street Journal report continues, and I quote, the president-elect wants plans that stop short of igniting a new war, particularly one that could pull in the United States military as strikes on Tehran's nuclear facilities have the potential to put the U.S. and Iran on a collision course. | ||
Um... | ||
Ed, your thoughts as a capital markets guy on kind of that bombshell coming across the wire from the Wall Street Journal, sir? | ||
Well, first, because I don't trust the mainstream media. | ||
And without knowing what's going on, I'm wondering if it's, you know, a bogus leak to force Trump's hand or what have you. | ||
So, you know, until I'm the kind of guy... | ||
President Trump, I'll say this. | ||
Hang on. | ||
Let me say this. | ||
President Trump has not come out and denied this. | ||
It's two sources. | ||
Clearly it's implying that one of the sources is close to him and one of the sources is close to the Israelis. | ||
So that's just implication. | ||
He may come out in a few minutes, but he has not come out and denied this right now. | ||
Well, that certainly isn't good news for the capital markets. | ||
It adds another element of escalation to already global tensions. | ||
The Syria conflict is quite serious. | ||
The fall of Assad opens up a huge power vacuum there. | ||
And now, chatter about this is not exactly something that makes me excited, to be honest. | ||
Ed, how serious is the situation with the debt, with the phony numbers, or potentially phony numbers, the numbers that don't make sense on labor and other things? | ||
How serious a jam does Ed Dow believe we're in? | ||
Well, I was actually more frightened of what was going to happen if Harris got in there. | ||
The good news is We have a chance now. | ||
The new administration is new, and if it's uncovered that the numbers have been a little wonky and fraudulent, Trump's policies are going to quickly signal to the capital markets that the government deficit is going to come under control, energy prices are going to drop, tax incentives are going to reinvigorate the middle class, and real GDP should take off a year or two into his administration. | ||
The capital markets will need to correct, especially the stock market. | ||
It's not the end of the world, but if this isn't handled properly, it could be a disaster. | ||
I'm more hopeful as long as the Trump team gets the narrative out there that this wasn't on their watch and that they're going to instill confidence should it erode due to the fraud being exposed. | ||
Ed Dowd, where do people go to get your Twitter feed is on fire constantly. | ||
Where do people go to get that and all your writings? | ||
Yeah, Twitter is at Dowd, D-O-W-D, Edward. | ||
I'm getter at Edward Dowd. | ||
We have our company website, financetechnologies.com, spelled with a P-H, and we have our pandemic research at thehumanityprojects.info. | ||
Dale, thank you for coming in from beautiful Hawaii today. | ||
A lot of people would like to be with you. | ||
On top of talk about Friday the 13th, Nancy Pelosi, Daily Wire is reporting. | ||
She was in high heels and she, I guess, tripped and fell down, I guess, these marble steps at the Ducal Palace. | ||
I think it's in Luxembourg and it appears that she has broken her hip. | ||
As folks know, a woman of that age at 84 years old, that is quite serious. | ||
Had a couple of grandmothers and great-grandmothers. | ||
Once those hips, you break a hip, it's a very, very, very serious problem. | ||
Nancy Pelosi reported now broke a hip. | ||
On a fall down the stairs, I think there's a picture of her Looking for support. | ||
Some group photo was taking a photo with a couple of folks. | ||
She's over on a congressional delegation. | ||
So Nancy Pelosi. | ||
It looks like she's broken the hip. | ||
We know more. | ||
We will tell you more. | ||
Birchgold.com. | ||
I told you it was going to be turbulent. | ||
I just wish the Biden regime would be straightforward and just stop doing all the madness. | ||
You've already done enough. | ||
People toss you out. | ||
They're throwing you bums out. | ||
We don't need to see Jake Sullivan, Tony Blinken. | ||
You're not going to be cutting peace deals. | ||
You're just stirring the pot. | ||
And now, I'm telling you... | ||
What they did and all this thing with the Iranians, oh, we're going to do it, they're going to use it for peaceful processes. | ||
You never counted on Hezbollah getting crushed, the domino falling in Syria, and now the Persians feel they're on the back foot, maybe hustling towards what they call a nuclear breakout. | ||
The world is on fire, folks, on the arc of instability all over the range of landmass. | ||
Very dark, dark days here for the United States of America. | ||
Short break. | ||
unidentified
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All this nonsense, all this spin, they can't handle the truth. | |
War Room Battleground with Stephen K. Bannon. | ||
I want to take you back to something this morning, one of my rants this morning about the—I want to connect some dots here about the reconciliations. | ||
People on Capitol Hill, they've got to stop playing games. | ||
You can't be cute with—you want to hide your tax cuts and all your giveaways to corporate America and to the wealthy. | ||
In this reconciliation, we're not going to do—look, this country's besieged. | ||
You just had Kreps. | ||
He's no right-winger. | ||
Kreps is not part of MAGA. You had Kreps on Katie Tour. | ||
MSNBC is not Real America's Voice. | ||
It's not One American News. | ||
It's MSNBC. He's up there screaming and yelling. | ||
In fact, get that thing ready to pull. | ||
We're at war. | ||
This is Kreps. | ||
We're at war. | ||
They're at war with us. | ||
We're at war. | ||
It's the afternoon, just an hour ago. | ||
We just pulled it. | ||
We're at war. | ||
This is Kreps. | ||
He's part of the system. | ||
He's a systems player. | ||
He was over at DHS under Trump. | ||
Remember, he's the guy that said the machines weren't messed with. | ||
It was the most secure cyber in history. | ||
Now he's sitting there saying we're at war. | ||
They're at war with us. | ||
They're in all infrastructure. | ||
Just waiting for the balloon to go up. | ||
They're in your railroads. | ||
They're in your planes. | ||
They're in the air traffic control. | ||
They're in the water systems. | ||
They're in the grid. | ||
All of it. | ||
His words, not mine. | ||
On a Friday afternoon. | ||
Heading into the Christmas holidays. | ||
Wall Street Journal. | ||
Wall Street Journal is not, you know, I'm not, that's the Murdoch paper. | ||
But this is their news gab. | ||
This is not the opinion side. | ||
Headline. | ||
Nice subtle headline to go on the weekend. | ||
Nice subtle headline to kind of finish the week trading. | ||
You call up and say, dump it all. | ||
Get me to cash. | ||
Go from cash to gold. | ||
Headline. | ||
Wall Street Journal just came across. | ||
Trump team weighing options for preemptive airstrikes on Iran's nuclear program. | ||
And I want to quote from a significant one of the Wall Street Journal. | ||
It says, and I quote, We continue on. | ||
Quote, Excuse me, two people familiar with their conversation said. | ||
That's the implication, one from the Israelis and one from the Americans. | ||
Because they wouldn't have done this. | ||
Wall Street Journal would not have printed that unless they had on background one from each side. | ||
And they told you right there, in the smart way that you're to read newspapers, that two people are familiar with the conversation. | ||
That means one that voucher for what Netanyahu said and one that voucher for Trump. | ||
Signaling that he, that would be President Trump, is looking for proposals to prevent that outcome. | ||
The president, and I continue on, quote, the president-elect wants plans that stop short of igniting a new war, particularly one that could pull in the U.S. military. | ||
As strikes on Tehran's nuclear facilities have the potential to put the U.S. and Iran on a collision course. | ||
I want to continue down with the quotes from the article. | ||
Iran has enough highly enriched uranium alone to build four nuclear bombs, making the only non-nuclear weapon country to be producing 60 percent near weapons-grade fizzle, fizzle, fizzle, I think it is, material. | ||
Thank you. | ||
It would just take a few days to convert that stockpile into weapons-grade nuclear fuel. | ||
There you have it right there. | ||
This is what they call the nuclear breakout. | ||
It's one of the things I'm concerned about. | ||
Remember all the talk? | ||
Remember all the talk? | ||
Obama and Hillary Clinton and John Kerry, all these folks. | ||
This is why the American people threw them at it. | ||
And Blinken and all these guys dealing with the Persians. | ||
Oh, we got this. | ||
Not going to do that. | ||
Now you're setting up in December. | ||
I'm telling you, you look at the convergence of, you got the war, you got the debt, and you got the invasion. | ||
And it's all merging now into one thing. | ||
We're hurtling down that path. | ||
Of course, the media, all they're focused on is the horse race of the confirmation, because that's simple for them to do. | ||
Cash is in. | ||
Hex is out. | ||
Tulsi's bad. | ||
Bobby Kennedy's got a girl problem. | ||
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All of it. | |
They're just juvenile. | ||
This is the thing itself, and we're heading down it. | ||
We've been talking for a couple of years now about the Third World War, because remember, in the Second World War, in 1935, it starts in Manchuria. | ||
But 1936 or 1937 in Spain. | ||
And I'm talking the kinetic part. | ||
You got the rise of the Nazis. | ||
What is it? | ||
38, Munich. | ||
39, Poland. | ||
40, France Falls. | ||
40, the Blitz in London. | ||
41, the Wehrmacht invasion of Russia in December of 1941. We just commemorated here on the show, Pearl Harbor. | ||
Six years after it started. | ||
Folks, you're in it now. | ||
And this is my point about serious people. | ||
I don't want to see these people all hepped up with knitted brows, thinking great thoughts. | ||
Here's what thinking great thoughts got you, that thinking great thoughts crowd. | ||
You know what they got you on something that's not relevant to us? | ||
They got a million dead on the Ukrainian side, and they got 600,000 dead on the Russian side, at least. | ||
And here you got them right there. | ||
Financial Times, big old color picture, right there in the Ukrainian front. | ||
This is the headline right here. | ||
Military training on a shooting range in Kharkiv region. | ||
A realization that spending is inadequate to back Ukraine or deter Russia has forced a reassessment. | ||
Yeah, a damn big reassessment. | ||
The reassessment that's not going to stop the Russian army. | ||
Just not. | ||
It's going to be more wasted lives, more broken lives. | ||
Just like letting the Persians do this years ago. | ||
Just like letting them do it years ago. | ||
President Trump had a plan. | ||
How about this? | ||
We're going to break them. | ||
We're going to break them financially. | ||
We're going to break them economically with sanctions. | ||
Man, you start shooting over there. | ||
You're doing a preemptor strike, and you could make it as surgical as possible. | ||
I don't know, man. | ||
I don't know, but I guess you don't have a choice. | ||
What's the choice? | ||
You're going to go new. | ||
You've got to do it in four days, and you can go get material. | ||
It's a long way from a bomb. | ||
It's a ways from a bomb. | ||
An actual weapon, I guess you can put on a missile, lob into Israel. | ||
If you don't think this is serious, you're not paying attention. | ||
But up on Capitol Hill, to stop the invasion of the southern border, step back and think about it. | ||
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We have 10 million, minimum, 10 million. | |
New York Times says 60%, they finally agreed 60%, that's 6 million. | ||
Million. | ||
Not thousands, not tens of thousands, not hundreds of thousands, millions. | ||
What would the framers of this country, the revolutionary, what would they think of us? | ||
What would the people that died at Normandy and died at Terawa and Peleliu, died at Saipan? | ||
What would they think about us having done that? | ||
And up here right now playing games, the House Ways and Means Committee and the Republican establishment, they're not serious. | ||
That the plan to shut this thing down and get at least a grip on something on 20 January after that fight and not to do it, that you would play games and not take this reconciliation, get it all done and start with momentum, but you would play games and maybe in March or April so you could hide. | ||
Okay. | ||
House Ways and Means Committee, you're not going to hide anything. | ||
We're going to go through it line by line. | ||
We're going to know every tax break and every tax deal you've given the wealthy and the corporations. | ||
We're populists. | ||
We want the people to put more money in their pocket, to make their lived experience better today, to give them a taste, a little taste, a little something for the effort, a little piece of the action. | ||
And if the corporation's taxes have to rise, and if the wealthy's taxes have to rise, then so be it. | ||
That's not the end of the world. | ||
Just not. | ||
And they're already getting the benefits of the blessings of liberty, provided by, wait for it, the working class and middle class that pay the taxes, they have the pension funds that they're using money, and kids Over there right now, they carry battle groups that are doing the test runs and getting ready and that may go do the strikes in Iran on the nuclear facilities. | ||
Yeah. | ||
Those kids. | ||
They're sons and daughters. | ||
That will have to go up because, hey, there's no strike on Earth that's that surgical. | ||
There'll be blowback. | ||
All of a sudden, you're going to be hitting it in Persia. | ||
In Persia, the ancient enemy of the Judeo-Christian West of the Roman Empire. | ||
Yep. | ||
So we're in it now. | ||
And anybody that doesn't frame it like this either does not get it and understand it or is misleading you. | ||
One of the reasons we haven't done a lot on the drones is not that we're not worried about it and spend a lot of time talking to people. | ||
I can't really come out and say and kind of frame it except to say, hey, there's something highly unusual going on. | ||
And I know that because Donald John Trump gets the presidential intelligence briefing every day. | ||
And he just put out your government knows what's going on, but they're being quiet. | ||
That's kind of a on a Friday afternoon. | ||
So we're in it now. | ||
Elections have consequences. | ||
And stolen elections have catastrophic consequences. | ||
I haven't used that phrase in a while, have I? People who've been on the show remember that. | ||
The illegitimate Biden regime, I meant it. | ||
Hell, I went to prison for it. | ||
And I'd go to prison again for it. | ||
That's how much, that's how dug in I am on this. | ||
They can send me to prison again and I could die in prison. | ||
I don't give a damn. | ||
I'll tell you what, they stole it and what they did to this country and how they've left this mess and you see how lack of class they have. | ||
Trump's won. | ||
The American people voted after having their democracy, democracy, democracy, democracy, your fascist, your garbage, your brown shirts, all of it. | ||
And to throw these bums out like they've been thrown out and they're hanging on and doing nothing but demonic, demonic activities the entire time. | ||
And you don't think... | ||
And you don't think we're going to investigate this. | ||
You don't think we're going to get the bomb. | ||
This can never be allowed to happen again, ever. | ||
It cannot. | ||
We're not going to have a country. | ||
Take a look at those kids tonight. | ||
Take a look at those grandkids tonight. | ||
Look at what... | ||
Every generation in this nation that thought about the future... | ||
And look what we've allowed to happen, and we allowed to happen. | ||
I know we fought, and you're the hardest fighters, the tip of the tip of the spear, and thank God in heaven for Trump. | ||
With all his imperfections, look at the mess we're in. | ||
You think the folks that died in Normandy are a terror with Saipan, or in World War I, the Civil War, all of it. | ||
You think they said, hey, we made the ultimate sacrifice. | ||
Man, we're really glad we did that because look what this country became just spectacular. | ||
I don't think they're giving us spectacular today. | ||
The 2020 election was stolen. | ||
I don't care if Kristen Walker does it. | ||
You're going to put it behind Unite the Country? | ||
Hey, I'm going to unite the country. | ||
We're going to unite the country, but we're going to get in, like Gasparino said, and we're going to make it all clear, and then people are going to see what happened here. | ||
And they're going to understand where we're in a shooting war now, back in the Middle East. | ||
And on a Friday afternoon, it's leaked that President Trump's going through options, and President Trump, and he ain't John Bolton. | ||
He's not a guy that sits there and goes, his first instinct, his default position is not get the Jets up, let's roll. | ||
He's not some, oh, tough guy. | ||
He doesn't have to prove his toughness. | ||
He took a bullet to the head and they came back four months and won a landslide. | ||
That's tough. | ||
You think any of these worms wouldn't be crawling off on their belly on that stage? | ||
John Bolton, the rest of these gutless sons of bitches? | ||
You think? | ||
It's not me. | ||
It's not Breitbart. | ||
It's not Hoft. | ||
It's not Cain. | ||
That's the Wall Street Journal, and they got two people to back it up. | ||
One for Bitten and one for Trump, who had authority to tell them. | ||
You know why they wanted to put the American people on notice? | ||
Hey, this thing is bad. | ||
It's going to get a lot badder. | ||
It's taken us a long time to get here, folks. | ||
And it's a tractor pull, so don't be, you know, don't be saying, oh, Steve, we're not celebrating. | ||
We should be celebrating, skipping around, doing all this. | ||
There's nothing to celebrate right now. | ||
It's time to hunker down. | ||
Hunker down and don't play any more games. | ||
Give me a reconciliation right now. | ||
I need money to get these people out of here. | ||
I need money to seal that border. | ||
I need money to make sure it never happens again. | ||
We never have another invasion. | ||
I don't want to hear your crap about your tax cuts for the corporation. | ||
I don't want to hear your crap about tax cuts for the wealthy. | ||
Smith and the people and ways and means. | ||
You do the second reconciliation and you work out the numbers and come back and talk to people. | ||
Don't try to jam it in the middle of the night in another reconciliation and come back to war room. | ||
Abandon all you guys of big talkers. | ||
You want to secure the border. | ||
You got to pass the bill. | ||
Yeah, we got a couple, three goodies in there for the wealthy and goodies for the corporations, the same corporations that enforced DEI, the same corporations that had nothing but contempt for the MAGA movement. | ||
And now they think a couple of million dollar checks going to make it all good and they're not going to make it good. | ||
You're never going to make it good. | ||
You're scumbags, and we know you're scumbags. | ||
You don't care about this country, and you certainly don't care about the citizens of this country. | ||
So don't come down with a supplicant with some million dollar check. | ||
Paying for the inauguration. | ||
Who even knows what's going to be or how it's going to be? | ||
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Amen. | |
Don't put it past these folks. | ||
Don't put it past these folks. | ||
I'm just quoting from the Wall Street Journal. | ||
I'm just quoting Krebs telling us all in the infrastructure of the Chinese Communist Party. | ||
Hell, we've been yelling at that for years. | ||
He's up on Katie Tur and she goes, it's not on my bingo card to have a guest say that on a Friday afternoon. | ||
You know why? | ||
Because you're too stupid to understand what's going on and the rest of the pack of commies over there put their head in the sand. | ||
That's why you got your ass kicked. | ||
Big old long faces when North Carolina flipped. | ||
Where were you? | ||
Rachel Maddow, did you throw it off to Jane Psaki, whatever her name is, Raggedy Ann, that she had to stay up on the mid-watch and tell us that Donald Trump, you didn't have enough guts to sit up there and tell the lies, and this is why your numbers have dropped so much, because you lied to these people over and over and over again. | ||
Nothing but lies. | ||
The world's an efficient market. | ||
That's why nobody's watching Morning Mika. | ||
That's why nobody's watching you, Rachel Maddow. | ||
Because they know that you lied to them. | ||
to him, you treated him like fools. | ||
And here, and you're telling me that they're up there making Trump spend all this time in war room and people calling and everything because of Republicans? | ||
Get your act together. | ||
Get your act together. | ||
The man wants these people. | ||
He gets these people. | ||
Quite frankly, I don't care about even your advice. | ||
I know it's in the Constitution, but you're a bunch of losers. | ||
Who is it? | ||
Who is up there in the Senate that you would actually take advice from? | ||
Who is it? | ||
Is it Murkowski? | ||
Is she going to tell you anything? | ||
Is she going to tell you anything that is meaningful in your life? | ||
Is Susan Collins going to tell you anything? | ||
Is Mitch McConnell? | ||
Hell, he's running around in a wheelchair. | ||
Nancy Pelosi's got her hip broken out in Europe. | ||
And that's tragedy. | ||
I'm not saying it's a terrible thing happening to Nancy Pelosi. | ||
Fall down the steps. | ||
But no offense, they're 80, I don't know, they're 84, 85 years old. | ||
It's time to turn it over. | ||
You're not up to the task. | ||
All you're doing is a rearguard action for power. | ||
That's all you want. | ||
And look what you're jeopardizing right now. | ||
We're going to be in it, folks. | ||
I'm telling you we're going to be in it. | ||
I'm never wrong on that stuff. | ||
I told you years ago that this is where you're going to end up. | ||
You're going to end up with many people dead, and you're going to have a bunch of young women down there trying to learn how to shoot with the Russian army coming at them. | ||
And they're not going to come back to you. | ||
We need more money. | ||
We need more weapons. | ||
And you know what they need? | ||
They need American combat troops. | ||
That's what they want. | ||
And your sons and daughters, that brigade in Romania, that 101st, they're just itching. | ||
They're just itching to get that in there. | ||
Because then when they get it in there, hey, look how many died. | ||
They can't die in vain. | ||
We didn't hear that in Vietnam, did we? | ||
Too often. | ||
Didn't hear that in Iraq and Afghanistan. | ||
The same game. | ||
The same game has got to stop. | ||
And we're the people to stop it. | ||
It's got to stop now. | ||
All of it. | ||
And it's not going to stop until you make it stop. | ||
Otherwise, it's just going to go on and on and on like we're inexorably drawn to the destruction of this republic. | ||
And you think these people care? | ||
They're making more money than they ever made. | ||
They're protecting themselves more than they ever made. | ||
And you end up having to pay for it and you end up in your lived experience and your credit cards and your kids living in the basement. | ||
Nobody got a home. | ||
Family formation late. | ||
Childbirth down. | ||
Of course it's down. | ||
The women don't know if a guy's going to have steady work to support a family. | ||
But keep that border open. | ||
And here's what we do. | ||
How about this? | ||
You've got these gimmicks, the reconciliation. | ||
But you know what? | ||
No, President Trump on the 20th, we've got to start. | ||
The clock is ticking. | ||
We're burning daylight. | ||
We're burning daylight. | ||
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You've got to start with, boom, hit it. | |
And keep them on their back foot, you do... | ||
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Not serious. | |
Not serious. | ||
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You see what not serious people get you? | |
See where they get you? | ||
And you know what happens? | ||
And you look in American history every time. | ||
They get you in these jams. | ||
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And they always come back with a common man and woman to bail them out. | |
But guess what, folks? | ||
We're in another jam. | ||
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And the country's going to need you to bail them out. | |
Just terrible. | ||
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Unspeakable. | |
Bannon, why are you always so mad? | ||
You know why? | ||
Because I'm a rational human being. | ||
And I can see. | ||
I can see what I see. | ||
Okay, we're going to leave you with St. John the Evangelist here on a Friday evening from the Book of Revelation. | ||
Johnny Cash is great. | ||
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When the man comes around, we'll be back here tomorrow morning, 10 a.m. | |
Eastern Standard Time in the world. | ||
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Eastern Standard Time in the world. | |
And the whirlwind is in the thorn tree. | ||
The virgins are trimming their wicks. | ||
The whirlwind is in the palm trees. |