Dec. 19, 2024 - Bannon's War Room
48:48
Participants
| 
| Speaker | Time | Text |
|---|---|---|
|
unidentified
|
It's an omnibus. | |
| It's not a long-term deal on the budget. | ||
| What is it? | ||
| Well, it's an 85-day bill with a whole pile of policies that have nothing to do with general government operations. | ||
| Katie, usually speakers have two paths. | ||
| They could do a long-term omnibus spending bill, which usually funds government for the The entirety of the fiscal year, so until September 30th of next year, and that could hold, because it's so long, traditionally that could hold a lot more policies, because it's just, people just feel like it's a longer term bill, they're already taking a tough vote, just toss a bunch of stuff in. | ||
| Here in this instance, Mike Johnson did an 85-day, a three-month CR until March 14th, so less than three months, bill. | ||
| And he also loaded it up with a bunch of stuff. | ||
| And I hate to say this because, you know, I don't hate to say it. | ||
| It's reality. | ||
| Elon Musk has been going on a tear on his platform X over the entirety of the day and saying that anybody who votes for this thing should be primaried and should be out of Congress. | ||
| Now, it is a pretty big bill. | ||
| And it is a very bold, let's call it bold, move by Mike Johnson to put all these policies in a bill. | ||
| Everything from healthcare policy to transferring land for a new stadium in DC. I mean, you could take your pick of a million different policies that people would find objectionable in this thing. | ||
| And I don't know if this could get through the House of Representatives right now, or even the Senate. | ||
| It's a big question. | ||
| And remember, Katie, the government shuts down on Friday night. | ||
| Today's Wednesday. | ||
| I mean, you don't have a lot of time to work with here. | ||
| This is where we saw Kevin McCarthy really struggle back when he was Speaker, before he was ousted by Matt Gaetz and a handful of others. | ||
| And this is the issue of working with Democrats. | ||
| And Speaker Mike Johnson says the reality, which is they have almost, they have a majority that is so, so slim that they have no choice but to work with Democrats, to act in a bipartisan way. | ||
| Is he going to be punished for this? | ||
| Well, I will tell you this, Katie. | ||
| I was just around a bunch of House Republicans and asked a bunch of them that very question, and a lot of them just didn't want to answer, which I think is pretty revealing about how frustrated many of them are with the way that this particular budget negotiation went. | ||
| What's interesting about Mike Johnson is that he was among that group of Freedom Caucus Republicans who voted no on all these CRs for a good part of his career became the Speaker of the House and then all of a sudden realized why they happened. | ||
| And he keeps saying every time we get to one of these deadlines that this is the last time we're going to do this. | ||
| This is the last time. | ||
| And then once we clear the deck, then we'll be able to start from scratch. | ||
| His pitch now to his House Republican colleagues is let's just get all this done. | ||
| Let's clear the deck right now and then we'll start fresh in the new year. | ||
| We'll go through regular order. | ||
| We'll do a regular budget. | ||
| Everything will come out of the appropriations committees. | ||
| Everybody will get a say. | ||
| It'll have 72 hours before we vote on it. | ||
| He keeps promising that that's the future, but he's yet to deliver on that promise. | ||
| So, you know, the margins are going to be tight here. | ||
| I think most people are reasonably confident that they're going to get it passed. | ||
| Even if it comes under suspension, which means it requires two-thirds majority and that they'll meet that Friday deadline. | ||
| But there could be a political consequence to Speaker Johnson that we have yet to calculate. | ||
| The one caveat I'll say to all of this, well, yes, the Elon Musks and the Vivek Ramaswamis of the world are out on X. I think Donald Trump Jr. even came out on X and complained about the CR. We've yet to hear from Donald Trump himself. | ||
| And there is no one who moves the Republican Party quicker than the president-elect. | ||
| One of the things that Mike Johnson has done very well during the short period of time that he's been Speaker is develop and cultivate that relationship with Donald Trump. | ||
| And that is part of the reason that he has been able to hold on to that job. | ||
| And if he forces this CR down their throats and survives, it's going to be because he's convinced Donald Trump that it's going to be better for his presidency long term. | ||
| We don't know the answer to that yet. | ||
| I think this and the confirmation battles are going to be really indicative of what it's going to be like during a Donald Trump administration. | ||
| This is the primal scream of a dying regime. | ||
|
unidentified
|
Pray for our enemies, because we're going medieval on these people. | |
| I got a free shot at all these networks lying about the people. | ||
|
unidentified
|
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
|
Mega 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. Vance. | ||
| Okay, Wednesday, 18 December in the year of 2024, Jake Sherman, who is on top of everything that happened before President Trump, Do we have the true social from President Trump? | ||
| Natalie joins me for this hour. | ||
| Dave Brat's going to join us for the next hour. | ||
| Do we have President Trump's true social? | ||
| What he just said? | ||
| Do we have that? | ||
| You look it up. | ||
| Yes, I thought you meant if Cameron had it. | ||
| No, no, no. | ||
| You want to read it to us? | ||
| Give me one second. | ||
| Yeah, take your time. | ||
| So there's been a crazy afternoon. | ||
| It started with the whip. | ||
| Tom Emmers, remember the way this town works, you have both Democrats and Republicans have what they call whips. | ||
| Those are the heavy pair of hands that are supposed to get votes in shape. | ||
| And once they say, hey, we got the votes, and they cut the deals, the basic to-ing and fro-ing or the basic thrust and parry of the deals that get cut to get people in line to vote, the big overall deals will have to be cut by the majority leader or the Or the speaker here, Tom Embers, they asked him today, right before we left the air, hey, when's this thing, when are you going to be ready for a vote? | ||
| He says, I don't know. | ||
| I asked the speaker. | ||
| He just kind of walked away. | ||
| Jim Jordan, I want to report that Jim Jordan, and this is pretty extraordinary because Jordan's always been pretty consistent about having Mike Johnson's back. | ||
| Jim Jordan is a no, a hard no on this. | ||
| Embers is a no. | ||
| So it's extraordinary to have leadership on something that's important, not back to play. | ||
| Vivek Ramaswamy came out with a blistering tweet. | ||
| This is after Johnson used him as a human shield during the FOX injury. | ||
| So I said, well, I talked to Vivek last night at midnight. | ||
| Vivek was, you know, understands we have one-third of one-ninth of one-hundredth of the government. | ||
| There's nothing we can do. | ||
| Poor pitiful me. | ||
| And Vivek was cool. | ||
| Vivek then came out and said, no, he's a hard no. | ||
| He blistered like a handful of the lies. | ||
| Elon has been a no all day and is repeating that. | ||
| And then right after Jake Sherman said that, maybe because Jake Sherman did say that live on MSNBC, so you never know what President Trump is watching during the day. | ||
| President Trump came out. | ||
| Can you read that for us, Natalie? | ||
| It was a joint tweet from J.D. Vance and Trump. | ||
| It's very long, so stop me when you want me to. | ||
| The most foolish and inept thing ever done by congressional Republicans was allowing our country to hit the debt ceiling. | ||
| In 2025, it was a mistake and is now something that must be addressed. | ||
| Meanwhile, Congress is considering a spending bill that would give sweetheart provisions for government censors and for Liz Cheney. | ||
| The bill would make it easier to hide the records of the corrupt January 6th committee, which accomplished nothing for the American people and hid security failures that happened that day. | ||
| This bill would also give Congress a pay increase while many Americans are struggling this Christmas. | ||
| Increasing the debt ceiling is not great, but we'd rather do it on Biden's watch. | ||
| If Democrats won't cooperate on the debt ceiling now, what makes anyone think they would do it in June during our administration? | ||
| Let's have this debate now, and we should pass a streamlined spending bill that doesn't give Chuck Schumer and the Democrats everything they want. | ||
| Republicans want to support our farmers, pay for disaster relief, and set our country up for success in 2025. | ||
| The only way to do that is with a temporary funding bill without Democrat giveaways combined with an increase in the debt ceiling. | ||
| Anything else is a betrayal of our country. | ||
| Republicans must get smart and tough. | ||
| If Democrats threaten to shut down the government unless we give them everything they want, then call their bluff. | ||
| It is Schumer and Biden who are holding up aid to our farmers and disaster relief. | ||
| In all caps, this chaos would not be happening if we had a real president. | ||
| We will win in 32 days. | ||
| So now we're going to add the debt ceiling. | ||
| I think the debt ceiling technically expires. | ||
| I think the deal expires the 3rd of January, and I believe the debt ceiling comes sometime in March. | ||
| Of course, there's a lot you can do with it between now and then. | ||
| That's going to add an interesting explosive element into this. | ||
| Oh, by the way, oh, by the way, what about the debt ceiling? | ||
| So your assessment, Natalie, you've spent the day last night going through this. | ||
| What's your assessment of what this was? | ||
| Not that all of this is particularly relevant, because I don't think this is good. | ||
| If it comes to the floor now, it's going to come with all Democrat votes and a handful of Republicans. | ||
| And then that means that we get a crappy CR, but we end the speakership of Johnson. | ||
| What is your assessment of this? | ||
|
unidentified
|
Sure. | |
| Well, I would go back to four years ago because just yesterday was the four year anniversary of the infamous Four Seasons press conference with Rudy and everyone who stood up there. | ||
| And today, of course, December 18th is the four year anniversary of the notorious December 18th meeting that I think NPR was like, this is the meeting that all the Trump people came together to try to steal the election. | ||
| It was crazy, crazy, crazy. | ||
| And look where we are, four years. | ||
| We're fighting against the same people and the same forces. | ||
| And why do I bring that up? | ||
| Because I think you're also seeing, coming from Speaker Johnson right now, the same political lack of courage and just fundamental getting played by the Democrats that you saw from Mike Pence. | ||
| This is a Mike Pence moment for Speaker Johnson with what he did with this bill. | ||
| What do you mean played by... | ||
| Did he include... | ||
| Just some bad elements in quote-unquote his negotiations because you shouldn't have needed a negotiation. | ||
| You got the votes to pass as just the Republicans. | ||
| Or I'm hearing that You know, Jeffries and these guys wrote huge parts of the 1,500 pages and they just plug and played. | ||
| What does it seem to you? | ||
| Well, I don't know about you, but I do think we were both on the rooftop of the Willard on election night. | ||
| And last time I checked, we won in a historic landslide victory. | ||
| And we're also, what, the majority in the House, right? | ||
| So I don't understand why Speaker Johnson is negotiating from a point... | ||
| Of loss, right? | ||
| It makes absolutely no sense. | ||
| We didn't just win. | ||
| We won overwhelmingly. | ||
| So I don't understand why we have to cede ground to Democrats, A, to begin with. | ||
| But when you look at the provisions, it's almost like the reverse engineer of every single vertical that we've been highlighting on the show in terms of the ways that they want to come after and kneecap President Trump's second term, should be third term, agenda. | ||
| Particularly on the pandemic and public health front, the lockdowns, the mandates, all that stuff. | ||
| But even the marginal victories that Congress was going to be able to gloat about, which again, no thanks to them, thanks to the work of people like Mike Benz, the censorship stuff, the Global Engagement Center, they're working to extend that. | ||
| For a year. | ||
| I don't understand how you can even make any case for that, let alone when you drill down and to think more importantly, what's not included there. | ||
| And what do I mean by that? | ||
| For all the pork that they managed to put in there to help Senate Democrats, you know what word is only in? | ||
| What is it? | ||
| 1,547 pages, just four times? | ||
| Border. | ||
| Wow. | ||
| Not a single person. | ||
| And by the way, all the mentions were not, let's secure the border. | ||
| It was just, you know, a passing task that... | ||
| Reference. | ||
| So not one person, and I love all the people who are talking really tough right now about how they're not going to vote for the CR. Cool. | ||
| But not one person wanted their pork, right, or their special cutout, their special privilege, their special interest to be something related to the border. | ||
| This, of course, coming on the heels of the NDAA, which we were focusing on yesterday, House Section 2890 of that. | ||
| It wasn't Joe Biden who allowed or okayed the sale, the auctioning off of the border wall materials. | ||
| It was House Republicans who voted to give Joe Biden's Pentagon The radical open borders people up there and at DHS, the ability to decide what to do with those outstanding unallocated materials. | ||
| Does it concern you as a younger person in Ben's that one of the things we've talked about is the suppression of people on the right and things like the Global Engagement Center being at the nexus of that, that his staff Which are younger policy people, could be so clueless to either let the Democrats negotiate that or just cut and paste from what Hakeem Jeffries ends. | ||
| I mean, if you wanted to set off people on our side of the football, and particularly the Darren Beatties, the Mike Benz, the Natalie Winters, the Raheem Kassams, it's to add, to extend it for a year, or in the name we was to extend the pandemic, it's like... | ||
| Are you so clueless? | ||
| And by the way, it's not like this was even hidden or, you know, sub point B. They created a whole Section 301, Global Engagement Center Extension, right? | ||
| It's so in your face. | ||
| I don't know how dumb they think that we are, but I think this goes back to something that we've also been honing in on, which is the idea of triaging the 2024 loss from the vantage point of Democrats. | ||
| And Joy Reid has the huge segment. | ||
| Two nights ago, Americans have always believed conspiracy theories. | ||
| Misinformation is spreading. | ||
| And then the corollary to that is, oh, so we need to clamp down and continue censoring shows like this, go after independent media. | ||
| So they're giving them a handout, enabling them to do that. | ||
| And for the first year of President Trump's presidency, it's like when I saw it, it's like insanity. | ||
| You don't realize if they understand... | ||
| They're actively being sued by conservative outlets. | ||
| It's incredible. | ||
| It's incredible. | ||
| In fact, this goes beyond... | ||
| Yeah, exactly. | ||
| Okay. | ||
| Birch Gold. | ||
| In fact, we've got our own Philip Patrick who's going to join us at the bottom of the hour. | ||
| Natalie's here with me writing shotgun birchgold.com slash band at the end of the dollar empire. | ||
| Our new modern modern theory theory is coming up. | ||
| I guess from the University of Chicago, it's one of the things you talk about. | ||
|
unidentified
|
Here's your host, Stephen K. Band. | |
| We're heading out to AmFest. | ||
| Make sure you go to AmFest.com. | ||
| If you haven't gotten a ticket and you're in the general Phoenix area or Arizona or New Mexico, Southern California, love to have you out there. | ||
| We're looking forward to a big turnout of the Warren Posse. | ||
| We're going to be doing, I don't know, 10 hours of shows live. | ||
| We'll have Natalie be out there, Grace Chung, Moe, the whole crew, Jane Zirkle. | ||
| And others. | ||
| And we'll have posts on everybody else. | ||
| Tons of contributors. | ||
| The ones that are not going into the administration will be with us. | ||
| It's going to be a great time. | ||
| 25% off the ticket if you include War Room. | ||
| Also, home title lock. | ||
| Make sure with this financial – hey, when the president throws in, hey, let's get the debt ceiling in the CR. I can tell you that if President Trump wants the debt ceiling inside the CR this time, we're going to have a government closed down Saturday morning, folks. | ||
| That's just not going to happen, I don't think. | ||
| That will be a wild one. | ||
| Might happen at some point in time, but won't happen in the 24, 48 hours. | ||
| This may be DOA's. | ||
| I'm sure Johnson's right now figuring about his career. | ||
| HomeTitleLock.com. | ||
| Make sure that the 80 or 90 percent of your net worth that's in your home is not snatched up by a bad guy. | ||
| Go check it out today. | ||
| HomeTitleLock.com slash bandit. | ||
| And maybe, hey, I don't know if you got parents or if you got kids and they got a home lucky enough to have a condo maybe. | ||
| Maybe give us a Christmas gift. | ||
| A stocking stuffer. | ||
| How about that? | ||
| That's a conversation piece. | ||
| As Natalie Winters laughs. | ||
| Speaker Johnson might be out of a job. | ||
| Who knows? | ||
| He's going to come for your mortgage. | ||
| Come for your house. | ||
| You've got a couple things to read. | ||
| There's some good things. | ||
| Jake Sherman and others. | ||
| Right now we're trying to ascertain folks. | ||
| What's happened up there in the capital because, as we said, hey, the German government, the French government, the British government not too long ago, the Canadian government here in the last 48 hours, a lot of these governments are blowing up because of finances. | ||
| I would actually say Biden was the same thing because of inflation. | ||
| So you get six or seven of the big ones. | ||
| And right now, the Johnson speakership hangs in a thread because of a... | ||
| And here's what I don't get, Natalie. | ||
| I don't understand how he told Vivek, went on Fox, told Vivek and Elon last night at midnight. | ||
| Braggs, we're on a text stream together. | ||
| And he says... | ||
| And they didn't know any of the details of this. | ||
| Vivek puts out this brutal tweet later that goes through in pretty good detail of some of the basic problems with this so that he clearly didn't tell them. | ||
| Also everybody's telling me, "Hey, well you can't jump out there, Steve. | ||
| You can't get out in front of this because President Trump really loves this guy and supports him." I go, "Well, hey, President Trump doesn't support this or he hasn't been read in properly." Then all of a sudden you got Trump dropping a bomb on this guy's head. | ||
| So- You should have told me that before I hosted War Room yesterday evening. | ||
| No, no, just go for it. | ||
| We can go out on the limb. | ||
| You're a new generation. | ||
| You got some Jake Sherman and others? | ||
| Yes, let's read. | ||
| So Jake Sherman just tweeted about 20 minutes ago, the House Republican leadership is also a bit of a mess at the moment. | ||
| No one knows what Johnson is going to do. | ||
| The leadership thought his CR was a step or many steps too far to begin with. | ||
| And I just want to tell a brief anecdote to the audience. | ||
| You know, I usually peddle in cold hard facts with my reporting, but I was on a walk on the Hill in Washington, D.C. today, and I actually ran into a member who we have on the show quite frequently. | ||
| You're a walker. | ||
| You walk all over Palm Beach. | ||
| Oh, 30,000 steps a day. | ||
| 30,000 steps a day. | ||
|
unidentified
|
Yeah. | |
| 30,000 steps a day. | ||
|
unidentified
|
Wow. | |
| Well, I listen to MSNBC and stack headlines for Citizen Free Press. | ||
| Not neurodivergent at all. | ||
| But, very interesting, because a Democrat member of Congress, as I was walking with this Republican member of Congress, I didn't know his name, they all, there's a certain physiognomy, they're kind of hard to tell, so I looked it up after, but I literally couldn't tell who it was. | ||
| He comes over, and he goes, this is a direct quote, Yeah, yeah, yeah, haha, vote however you want, but don't come for my pay. | ||
| He wanted the pay, is that in terms of he wanted the pay increase? | ||
| Interpret that how you will. | ||
| I think given the pay increase the first since 2000, I swear, don't come. | ||
| I was like, well, you certainly, sir, don't watch The War Room. | ||
| You don't know who I am. | ||
| You didn't say off the record. | ||
| But that shows you the problem. | ||
| What about hiding the pay cut? | ||
| I mean, the pay raise. | ||
| Wouldn't you be out front and say, hey, we've got to do this. | ||
| We haven't had a COLA increase in 10 years or 12 years, however long. | ||
| You could at least, I think, if there's any time in American history where you can message it, now would be the time, given inflation and Bidenomics. | ||
| But I do like the Freudian slip because they deserve a pay cut. | ||
| That's frankly what they need. | ||
| But no, but that shows you the mindset. | ||
| I mean, my jaw dropped. | ||
| I couldn't believe that a Democrat member of Congress said, do not come for my pay. | ||
| But I want to drill down because I do think it is important to get granular on just some of the observities contained in it because I think that's where we're able to mount such strong opposition. | ||
| So in Title VI, they have a whole section called the Pandemic and All Hazards Preparedness and Response Act. | ||
| quite a mouthful. | ||
| But what it does is essentially reform the Public Health Services Act to broaden out the scope and purview, particularly of the CDC. | ||
| It used to be more so over just influenza and pandemic influenza, but they rewrote that act to make it so the CDC's control, they could extend their tentacles to all pathogens of pandemic causing potential. | ||
| Now, the other thing that I think was really, really concerning, they added an entire section, so this was not a revision. | ||
| They inserted this, assessing current and potential health security threats from natural disasters with respect to public health and medical preparedness and response. | ||
| And as someone who has always kind of paid close attention to the vernacular that the WHOs and the UNs of the world use where they try to... | ||
| Whether it's racism or climate change, whatever it may be, a sort of public health disaster, a natural disaster, that opens the floodgates for something like that to potentially hamstring President Trump. | ||
| It also extends this act to 2026, which was essentially the act that we had during COVID. | ||
| So it allows for masks and vaccine mandates. | ||
| It allows for vaccine passports. | ||
| It allows for gain-of-function research. | ||
| It allows for the hospital bonuses when they incorrectly mark deaths as COVID, whatever. | ||
| It also created BARDA, which was the entity that was funding all the mRNA and gain-of-function research. | ||
| And to that point, because apparently we just have, what, trillions of dollars to waste, The CR, omnibus, whatever you want to call it, also mandates that we have to, at all times, have 12 biocontainment laboratories active. | ||
| And if there's not, we have to build the outstanding ones. | ||
| And they have to be biosafety level two or three for, quote, rapid response to biological agents, including emerging infectious diseases. | ||
| But to me, the most concerning part about that bill text is that it was going to be used to, quote, support information sharing between and the dissemination of findings to researchers and other relevant individuals. | ||
| With, to me, the buried lead being there being that opens up the floodgates, you've You can still send share pathogens, you know, data bank collections, whatever, with the Chinese Communist Party, with countries that are explicitly hostile to us. | ||
| And to talk about enemies, we'll go with the enemy within. | ||
| And that is the way that it's Section 605. It's subheaded the treatment of electronic services provided for House offices, which it's... | ||
| Sort of vaguely construed. | ||
| It's hard to understand or discern what exactly they're saying. | ||
| But from minds smarter than my own, the stipulation suggests that the Office of the Chief Administrator and House Office General Counsel has to A, proactively inform any member of Congress who's potentially being investigated or if there's records requests on them. | ||
| And they actually put in a section... | ||
| So this would limit Cash Patel from pursuing Cheney and other people? | ||
| That's the opening bid, but the worst part is that they put motions to quash or modify, and this is where it gets a little gray, but essentially it suggests that if the House office administrator, it's a girl named Catherine, and I won't guess what her politics are, | ||
| but you can probably guess where she lands, thinks that whatever documents they may be turning over are, you know, It's disingenuous or disadvantageous, whatever, to whoever is under investigation, Liz Cheney or otherwise, and it refers to past, current, and former investigations, that they can modify those subpoenas. | ||
| And I would just say we're very ideologically consistent here in the war room, but that's quite interesting stipulation to be pushing the same day that what they're pushing at the Matt Gaetz ethics report. | ||
| Are you shocked about the process here? | ||
| This is clearly either Hakeem Jeffries gave a big section of this and or this has been negotiated for weeks and weeks and weeks. | ||
| This is not something they brewed up in the last 72 hours? | ||
| No, no, definitely not. | ||
| It's 1,547 pages. | ||
| The CR text itself is about eight pages. | ||
| The overarching kind of like guidebook, the title summaries for the rest of the stuff they put in is longer than the actual CR text itself. | ||
| This is, you know, I love they accuse us of, you know, waging retribution warfare against, you know, the enemy within. | ||
| This is retribution against the American people for electing Donald J. Trump. | ||
| I mean, it's very clear what they're doing. | ||
| Your point is, hey, we just had a definitive verdict from the jury of the American people, and here they put all of this in with a bunch of these gimmicks to really... | ||
|
unidentified
|
I think gimmicks is too nice, too euphemistic. | |
| You're talking about the potential with, we all know what they're doing with bird flu right now. | ||
| Under what they've put in there, you could see a COVID 2.0, and I'm not just talking because they got the gain-of-function research stuff going on. | ||
| And President Trump would be totally kneecapped. | ||
| Walked in right to that. | ||
| Totally hamstrings. | ||
| This is why Johnson's got to go, obviously, in his internal team. | ||
| Hopefully Jim Jordan and others will step up because we've got to get a grip on this thing. | ||
| Now, I think the recommendation is pull it, but if President Trump said now include the debt ceiling We're going to have a whole discussion of that, but I would just give them a two or three liner, figure out, and just tell the farmers, hey, you're going to have to hang on for another 30 days or 60 days. | ||
| And the same with the relief. | ||
| I think the relief they got enough cash, I understand. | ||
| In FEMA, it's just the fact that Biden is holding it back and will not give it. | ||
| This is where I think you've got to start playing hardball with these guys. | ||
| Absolute total mess. | ||
| They've had forever to work on this and dropped this at the last second. | ||
| I happen to think we're pretty odds on that the government's going to at least close down, which I'm all for closing it down. | ||
| And when President Trump shows back up, let's pass it the first day and open the government back up in the afternoon of his inauguration. | ||
| Amfest.com, promo code WARROOM, 25% off. | ||
| We're heading out there. | ||
| Tomorrow we'll be live at Amfest. | ||
| Morning and afternoon show, Thursday morning and afternoon show, Friday. | ||
| Don't sit in the front row for your speeches unless you want to have a microphone. | ||
| The mic drop. | ||
| I'll be doing, I guess, Don Jr., Tucker, myself tomorrow night. | ||
| I believe, is the rumors, has it been announced, is the president coming? | ||
| Yeah, and so is Speaker Johnson, so that'll be interesting. | ||
| We'll see what's the overrunner of that. | ||
| Okay, short commercial break. | ||
| Philip Patrick Birchgold next in the War Room. | ||
|
unidentified
|
Here's your host, Stephen K. Bass. | |
| Okay. | ||
| Government gangsters, Cash, we haven't had time today, and we're not. | ||
| Hopefully we'll do it tomorrow. | ||
| They're in full meltdown on Liz Cheney. | ||
| They're in full meltdown on the end of democracy. | ||
| This is all they're covering. | ||
| We are trying to stick with the important stuff right now, which is, I don't know, keeping the government open. | ||
| I'm all for letting it ride, baby. | ||
| You know, you're still going to get the Social Security checks, all the important stuff you're going to get, but just let it go. | ||
| And right now we just got, so no more votes today, right? | ||
| It's been reported. | ||
| I'm getting congratulations from different people at senior levels. | ||
| I guess maybe the word is out on something else, but no votes today. | ||
| No more votes. | ||
| At least they pulled it for today. | ||
| Yes. | ||
| That means, you know, unless they voted tomorrow morning early and get out of the Senate, there's not... | ||
| I think this thing's going to shut down. | ||
| So I think some people are going to be here for Christmas. | ||
| I don't think this thing's going away anytime soon. | ||
| We'll drill more into that into the next hour. | ||
| Dave Brask will join us live. | ||
| I want to go now to Philip Patrick of Birch Gold. | ||
| Philip, the president... | ||
| Just tossed kind of a, I don't know, kind of a bombshell into this. | ||
| He wants to deal with the debt ceiling now in a CR. What is your thought? | ||
| You had the Federal Reserve did another cut We advise Powell on War Room not to do that. | ||
| I think he also implied no cuts for next year or maybe nothing for 2025. I don't know if that's the chop block Trump. | ||
| Markets are in total turbulence. | ||
| I think it's seven or eight days in a row, which is, I think, a record from 30 or 40 years ago for the Dow without even a dead cat bounce. | ||
| It's probably a pretty good time, Philip, besides the macro you're going to give us, I think the audience, for Christmas and for ease of mind, just contact Birch Gold and talk to Philip and the team about various alternatives and, quite frankly, why gold has been a hedge against times of financial turbulence for 5,000 to 10,000 years. | ||
| I mean, gold's been on a roll like nobody's business for the last couple of years, but that's traditionally, as you know, Philip, gold doesn't really traditionally move like that. | ||
| It's a store of value instead of like a hot running stock, but it's performed like a hot running stock. | ||
| Your thoughts as we sit here on this Wednesday afternoon in mid-December, close to the end of the year, Philip Patrick? | ||
| It's interesting times to say the least. | ||
| As you say, gold is on a tear. | ||
| It has been for the last number of years, certainly through Biden's administration. | ||
| That really started to change at the turn of the century. | ||
| Gold, since the turn of the century, has outperformed a lot of other asset classes, and it's tied into money supply. | ||
| We've seen what the administration has done over the last four years, but we started massively increasing the money supply towards the turn of the century. | ||
| There is a direct correlation between growth in the money supply and growth in precious metals. | ||
| Put that into the context of the last four and eight years, or four years, really, respectively, And I think it tells you where things are heading. | ||
| Things are, as you say, shaking up in the economy. | ||
| The Federal Reserve cut interest rates today. | ||
| Yet despite that, they released a new dot plot forecast suggesting higher for longer. | ||
| The interesting part was the neutral interest rate, or R-star rate, which in 2023 was 1.5%. | ||
| They've now moved it to 3% for the foreseeable future. | ||
| It's going to be working against Trump's economic plan. | ||
| Ultimately, he's a supply side guy. | ||
| He's looking to grow the economy next year. | ||
| That's going to make it a little bit tougher. | ||
| It also is going to put a highlight on deficits and, of course, debt service, which is already at unmanageable levels in a higher interest rate environment. | ||
| That's going to become more urgent for the administration to try and deal with. | ||
| So just more and more problems for President Trump to be dealing with Come January 20th. | ||
| I gave the speech on Sunday night about talking about the bond market and how of all the problems he has in crises, he's stepping into the beginning stage of the kinetic part of the Third World War. | ||
| He's working on plans to seal the border and begin to commence the mass deportations of 12 to 15 million folks. | ||
| But it's really that third, the economy, the debt ceiling, all of it for the bond market. | ||
| The bond market has been a little choppy. | ||
| This is what my concern is, is that it's turfed out the government of France. | ||
| It's essentially turfed out the government of Germany. | ||
| It turfed out a while ago the government of England and is crushing the current government. | ||
| It's just turfed out the Canadians. | ||
| It turfed out Biden because of inflation. | ||
| Give me your sense of the bond market. | ||
| How are they responding, particularly to President Trump's plan? | ||
| Because all you hear, and this is why I didn't like the rate cut, you hear people, oh, his plan's so inflationary. | ||
| What's he want to do on tariffs is inflationary. | ||
| What's he wants to do on sending the migrants, the illegal migrants home is inflationary. | ||
| What's your sense of the bond market right now? | ||
| It's interesting, and I think this is the thing to watch. | ||
| Look, I believe in Trump's economic plan because supply-side growth boom. | ||
| It's literally the only way out of it. | ||
| We're at a point where austerity is not going to do it. | ||
| Now, Trump's plan focuses on deregulation, innovation, productivity, growth. | ||
| The problem is there's not something you can legislate, right? | ||
| The best you can do is create the conditions, create a healthy economic environment, and that's not cheap to do, right? | ||
| It's going to involve some spending. | ||
| But here's the issue as I see it, and this is, I think, the battle that President Trump is facing. | ||
| Today is about 25% of the world's GDP. By the way, nothing to sneeze at with the world's largest economy, yet we already have 60% of the world's capital investment. | ||
| What that means is the world is already heavily invested in American economic growth. | ||
| Here's the problem. | ||
| Trump's economic plan is a huge gamble. | ||
| The one thing we know about borrowing to boost the economy Is creditors don't care how you spend that money, whether it's building bridges or wasting it on hydrogen factories in the Nevada desert, they're going to want their money back. | ||
| The big question is, are investors going to continue to pay the bill? | ||
| Are they going to line up and finance Trump's economic agenda? | ||
| Early signs are concerning. | ||
| PIMCO, obviously, I think now the second largest bond manager in the world, They've said they're concerned about the sustainability longer-term of the United States, citing inflation and just general fiscal sustainability. | ||
| Now, Trump has a plan for fiscal sustainability, but as you and I know, it's a long-term plan. | ||
| So the question is, in the meantime, are they going to start taking those trillions of dollars and looking for opportunities elsewhere? | ||
| If they do, there's not much President Trump can do about it. | ||
| Debt costs will skyrocket. | ||
| And it'll force the position. | ||
| So there's a big gamble here. | ||
| There isn't a better man to have at the plate than President Trump, but people have to understand the task in front of him. | ||
|
unidentified
|
Yes. | |
| That's why I say the bond market's everything. | ||
| There was a discussion last week, Zero Hedge picked it up and other people, that if you look 400 days in the future, which would be the anniversary of the first year of President Trump's second term, his third victory but second term, and that traditionally is in second terms when people get most of their work done, there'll be 40 trillion dollars. | ||
| Face amount on the balance sheet. | ||
| And that is, you know, at that time, increasing by a trillion dollars every hundred days. | ||
| Is that sustainable, Philip Patrick? | ||
| It's not sustainable at all. | ||
| And that's what I'm trying to stress. | ||
| The gamble here is significant, right? | ||
| We're hoping that GDP growth will outpace debt growth. | ||
| But that's a tough task. | ||
| Since the 1970s, debt has averaged 8.5% of growth a year. | ||
| GDP's average 3%, right? | ||
| Like I said, we're already a mature economy. | ||
| It's going to be a tough thing. | ||
| I'm very excited for Trump's plan. | ||
| Tax cuts will help to boost the economy. | ||
| But we're going to have to make up for that loss in revenue. | ||
| I think Doge can do it. | ||
| I think tariffs can do it. | ||
| But they're not going to stop deficit spending. | ||
| We need to spend more productively and we need to start seeing the effects of that spending quickly. | ||
| But it's a tough, tough, tough task. | ||
| Look, I have a lot of faith in President Trump, but I'm diversifying myself. | ||
| I have faith in the American people. | ||
| The American economy is my big concern today. | ||
| PIMCO are diversifying. | ||
| And I'm diversifying as well. | ||
| And I think everybody else should be looking at it. | ||
| It doesn't mean we're betting against the US. We're just being prudent and making sure we're hedging those bets. | ||
| Well, somebody else is divesting or diversifying. | ||
| They had a story in Zero Hedge about Goldman Sachs has now come out and has said, and I don't quite totally understand the calculation, but their reporting is that the Chinese, the central bank of China and the Chinese government may have purchased three times more of gold than has been calculated. | ||
| And you and I talk a time about record purchases from India, from Russia, from the Saudis, from sub-Saharan Africa. | ||
| And from the Chinese particularly. | ||
| Do you have any insights on that? | ||
| Is that close to being true? | ||
| Yeah, China are purchasing a huge amount. | ||
| Unofficial purchases, though, not by the People's Bank of China. | ||
| The thing about China, they have government entities and they purchase through, but understanding what's happening coming out of China is tough to do. | ||
| Something else that's very specific about the Chinese, they don't allow any exporting of domestically mined gold, so they have their national interests at heart. | ||
| But we're seeing central governments around the world setting records for gold buying. | ||
| You mentioned India, but there are others as well. | ||
| The BRICS have been driving gold buying in an attempt to de-dollarize. | ||
| Look, at the end of the day, when you have a debt problem on a global scale, gold is what central banks turn to shore up balance sheets, and they're doing it around the world in record quantities. | ||
| Do you see other, I mean, Canada got blown up last night, England about a year ago. | ||
| The French, they just put a new moderate in. | ||
| Germany is called for early elections. | ||
| You could argue the U.S. Your sense. | ||
| Other governments are going to fall because of their mishandling of their own balance sheets and economies and finances? | ||
| We're saying the same issue repeats itself around the world, and I think it's well-timed that we're coming out with the sixth installment of the end of the Dollar Empire series, which talks about modern monetary theory, which I think largely is responsible for the problems we're seeing around the globe. | ||
| But the situation we're in, it reminds me of a quote I saw from Henry Kissinger. | ||
| It said, I think Trump may be one of those figures in history Who appears from time to time to mark the end of an era and to force it to give up its old pretenses. | ||
| And I think what's clear is the 80-year post-war era of debt-fueled prosperity is over. | ||
| Trump is the herald. | ||
| He's ushering in a new age. | ||
| And we're going to have to see how it shapes out. | ||
| But I think we'll continue to see volatility. | ||
| We'll see squeezes on other foreign governments. | ||
| It's going to get interesting next year. | ||
| I just hope we come out of it unscathed or intact, I should say. | ||
| How do people get our new combined work, the modern monetary theory, the idea that broke the world? | ||
| Very simple. | ||
| Birchgold.com forward slash Bannon. | ||
| Birchgold.com forward slash Bannon. | ||
| They can get the first five in the series. | ||
| The sixth, I think, will be ready early next week. | ||
| Birchgold.com forward slash Bannon. | ||
| That'll get them access to the end of the dollar series, as well as information on how and why to invest in precious metals. | ||
| We also have a guide on how to invest in precious metals under a Trump administration, which really talks about the challenges that President Trump's facing in his second term. | ||
| So Birchgold.com forward slash Bannon. | ||
| That simple. | ||
| Remember, if you've got a phone, it's Bannon. | ||
| Text Bannon at 989898. You get all the IRAs, 401ks, all the information totally free from the team at Birch Gold and now more than ever, particularly if we add the debt ceiling in there. | ||
| That'll be quite interesting to see. | ||
| Philip Patrick, thank you so much, brother, for joining us. | ||
| Appreciate you. | ||
| Thank you, Steve, as always. | ||
| Anything going to break? | ||
| Any breaking news? | ||
| No more votes today, right? | ||
| No more news. | ||
| They've said there's going to be no more votes tonight. | ||
| We live another day. | ||
| They're putting their pencils down. | ||
| The Warren Posse retains its position as the most powerful lobbyist in Washington. | ||
| Think about it. | ||
| You're running circles around every horrible, nefarious interest ever. | ||
| You guys were on it today, and I'm telling you, put the fear of God in them. | ||
| Just the absolute shock of this. | ||
| I don't know if they fear God. | ||
| Okay, good. | ||
| Okay. | ||
|
unidentified
|
Maybe. | |
| No, no. | ||
| They're not Old Testament. | ||
| When your biblical worldview is being bailed out by Democrats, I don't know how biblical it is. | ||
| The Judeo-Christian West. | ||
| Short commercial break. | ||
| We're going to turn to the war room. | ||
| Just a moment. | ||
|
unidentified
|
Here's your host, Stephen K. Band. | |
| Okay, we're jumping out of here. | ||
| You've got to say goodbye. | ||
| We're going to see you later. | ||
| We're heading out to AmFest with a whole crew of folks. | ||
| Any closing thoughts? | ||
| I'm going to be here for the first part of the next show because I've got to pivot. | ||
| It's the 80th anniversary of the beginning of the Battle of the Bulge. | ||
| Patrick O'Donnell is going to join me. | ||
| Also, Tej Gill. | ||
| And we're going to talk about Ukraine. | ||
| Got to talk about my favorite topic, Ukraine. | ||
| Just absolute mess over there. | ||
| Just very, very, very bad. | ||
| And Ben Harwood's got some great reporting from Rome. | ||
| Any closing observations? | ||
| I guess we live to fight another day on this. | ||
| My closing observation is that you don't call them Polly Pockets anymore. | ||
| I think I did today a couple of times. | ||
| I did. | ||
| It slipped out. | ||
| No need to make this personal, although I do quickly. | ||
| It's just this has to change. | ||
| Because these are the easy ones. | ||
| This is so easy. | ||
| This is a baby stop. | ||
| This is the opening act. | ||
| But even opening acts sometimes, this should be so... | ||
| This is the crew coming to make sure the sound system works. | ||
| Exactly. | ||
| This is so easy. | ||
| And folks, like even throwing the debt ceiling in there, the debt ceiling, that's complicated, right? | ||
| And that's just one complication of... | ||
| I spent a lot of time in New York over the weekend with a lot of finance people kind of walking through how everything has to converge. | ||
| President Trump can do this. | ||
| He's unleashed the animal spirit. | ||
| You see the people much more saying, yes, this economy is coming back. | ||
| But we have big structural issues. | ||
| And of course, capital markets that the bond market where we're going to finance all this could turn against us. | ||
| So President Trump's got his work. | ||
| The only guy in the world can pull this off is Donald Trump. | ||
| So we've got to have his back. | ||
| This one's easy. | ||
| Johnson blew it. | ||
| It's just disgraceful. | ||
| The pay raise to cap it off. | ||
| Unbelievable. | ||
| Natalie Winters, thank you so much. | ||
| We'll see you. | ||
| We're going to be live at AmFest tomorrow, AmFest.com. | ||
| Put in War Room and you get a 25% discount. | ||
| Anybody in the area, come on down. | ||
| We're going to have an absolute blast. | ||
| The Kash Patel, Kash is getting rave reviews on Capitol Hill. | ||
| Today we haven't shown you, but CNN and particularly MSNBC, they're not covering what we're covering at all. | ||
| They're literally talking about Liz Cheney, President Trump, you know, Latimer came out with a criminal referral, I guess, over to the FBI for her activities on the J6 committee. | ||
| And other things going on, this is the new fascism, the rise of the new fascism, etc., etc., etc. | ||
| They're maniacally focused on that. | ||
| Cash Patel's movie, because they're all over Cash now, is going to the FBI. | ||
| Government gangsters, go to warroom.film. | ||
| Very proud that we're going to be making some announcements over the Christmas holidays, I believe, about a much more aggressive program on both our books, which we're really excited how great the publishing arm has gone, and also films with Cash Patel's warroom.film. | ||
| Go there today. | ||
| Download it. | ||
| Share it. | ||
| Talk about it over the holidays. | ||
| You really walk through Cash's thinking when he talks about the deep state and the administrative state. | ||
| And he is blunt. | ||
| Senator Tuberville told us today. | ||
| Pete Hex has been great in the room. | ||
| Pam Bondi's been great in the room. | ||
| Bobby Kennedy's been great in the room. | ||
| Cash Patel's been great in the room. | ||
| And the others that they've seen, they're coming very well prepared and kind of on point. | ||
| Mike Lindell joins us. | ||
| Mike, we're running up now to the Christmas holidays. | ||
| People want to know, what can they do to get their gifts from MyPillowSir? | ||
| Well, first of all, everybody, I'm going to miss you at AmFest because I've been here the busiest time of the year, but I'm there in spirit. | ||
| This is the last night, you guys. | ||
| There is a shipping option available. | ||
| You can still get them, but they have to be ordered now. | ||
| You can still get them by Christmas. | ||
| So, I did that for the War Room Posse. | ||
| So check it out. | ||
| There's different shipping options available, and if you want them two-day or whatever, it's different pay things. | ||
| And we still have the free shipping available, but that will not get you there by Christmas. | ||
| That's on orders over $75. | ||
| So there's a lot of different options available. | ||
| One thing I did do is I left everything on sale for you that was exclusive to the War Room Posse. | ||
| This is a once-a-year exclusive. | ||
| We're doing Keys to Dream Sheets. | ||
| $69.98, $79.98 for the king. | ||
| We have all the other sizes, all the colors. | ||
| This is my favorite product. | ||
| You've never slept on sheets like this. | ||
| They make the best gifts ever, too. | ||
| Promo code WARROOM. Go to the website, you guys, and go down to see our great leader Steve there. | ||
| Click on him, and here it is. | ||
| All of the specials are still up. | ||
| Get yourself a Christmas present, a new bed, 50% off, plus another $100 for the War Room Posse. | ||
| The mattress topper, you know, you're going to need great rest over the next few weeks and going in, feeling great going into the new year. | ||
| But all the sleepwear that came in, up to 80% off. | ||
| These are War Room exclusives. | ||
| They're all still up there. | ||
| And remember, we still have that. | ||
| There's at least one shipping option to get there by Christmas. | ||
| So take advantage of that tonight. | ||
| This is it, you guys. | ||
| 800-873-1062. | ||
| And tell them that you got promo code War Room. | ||
| My operators love the War Room Posse. | ||
| I've been spending the last four days here in Minnesota. | ||
| I'm going to spend the rest of the week here. | ||
| And you guys made it possible that we're getting through the biggest attack that a company could ever take this year. | ||
| And we thank the War Room Posse. | ||
| So it's a win-win-win, Steve. | ||
| And you guys, my Christmas guarantee goes to March 1st of 2025. So get those presents now. | ||
| Fantastic. | ||
| Mike, we'll see you tomorrow morning. | ||
| We'll be live from Amfest and you'll be on the factory floor. | ||
| So we'll hook you in and you'll get to meet all the posse members that are out there, sir. | ||
| Warpath.coffee. | ||
| Go check that. | ||
| Tej Gill will be up in the next segment. | ||
| The coffee best ever made. | ||
| Also, Sacred Human Health. | ||
| Got my grass-fed beef liver. | ||
| So much more. | ||
| Just go to the site, Warpath or SacredHumanHealth.com. | ||
| Go check that out today. | ||
| Got immunity products. | ||
| You've got grass-fed beef liver, magnesium, D3, all of it. | ||
| Also, don't forget, particularly for the holiday season, National Pulse.com. | ||
| Go to nationalpulse.com. | ||
| Rahim and the team putting up great news 24-7. | ||
| It's the War Room Posse's site, plus the long-term followers of Rahim Kassam, which are many. | ||
| His amazing analysis reporting. | ||
| Rahim's going to be in AmFest with us. | ||
| He'll be on the show all three days that we're out there. | ||
| Look forward to it. | ||
| Next, we're going to take a short commercial break. | ||
| Stick around. | ||
| I've got Patrick K. O'Donnell. | ||
| Patrick O'Donnell, he of the, being a combat historian, I wanted to make sure that we kicked off really the commemoration of the Battle of the Bulge to kind of walk you through it. | ||
| He'll join us. | ||
| Taze Gill is going to give you his sense of that battle. | ||
| And then I got Ben Hornwell. | ||
| I got to talk about the Ukraine. | ||
| A lot of stuff going on in Ukraine. | ||
| Particularly people are trying to get, they're trying to get President Trump and trying to suck him in The things that we don't want to get sucked into. | ||
| You're going to see it all about these security guarantees, more money, all of it in Ukraine. | ||
| Short commercial break. | ||
| Also, Dave Bratt is going to join me from the Book of Revelations. | ||
| When the man comes around, he's going to take us out for this hour. |
Export Selection