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Jan. 17, 2025 - Bannon's War Room
48:06
WarRoom Battleground EP 688: Bessent Sets The Future Straight On Energy Battles With China
Participants
Main voices
b
brian costello
05:17
d
dave walsh
07:17
m
mike lindell
07:41
s
steve bannon
19:34
Appearances
Clips
j
joe biden
00:53
n
nicolle wallace
00:01
| Copy link to current segment

Speaker Time Text
joe biden
That's why my farewell address tonight, I want to warn the country of some things that give me great concern.
This is a dangerous concern, and that's a dangerous conversation of power in the hands of a very few ultra-wealthy people.
The dangerous consequences if their abuse of power is left unchecked.
Today, an oligarchy is taking shape in America of extreme wealth, power and influence.
That literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead.
We see the consequences all across America.
And we've seen it before, more than a century ago.
But the American people stood up to the robber barons back then and busted the trusts.
They didn't punish the wealthy.
steve bannon
You created it.
Mike Lindell joins us.
It is Thursday, 16 January, Year of the Lord, 2025. This is the preamble for the Days of Thunder, which is going to start on the afternoon of Monday afternoon, the 20th.
President Trump actually has power.
He hasn't had power in four years.
Barely could execute on all his presidential power in the first term because the deep state administrative state.
Michael, I just want to make sure we go back and get the history right here.
You were banned on every platform, as I was banned on every platform, because of things like election.
You know, they just said the other day, abandoned was one of the biggest election deniers.
And then he, you know, said Chris Wray and Tony Fauci's heads ought to be on pike, something that's said in corporate, in C-suites, oh, I don't know, a million times a day every day in the United States of America, in corporate America.
But that's the excuse they used because they wanted to silence my voice.
They wanted to silence this platform.
And guess what?
They were wrong.
They wanted to silence Mike Lindell.
They wanted to bankrupt Mike Lindell.
And they were wrong.
We know exactly what happened.
And the Democratic Party spurred them on to do it.
It was done in conjunction with the Democratic Party to help the Democratic Party.
And Rachel Maddow, you sat there every night with that big, long face.
You sat there every night.
And you chronicled what they were doing.
So don't sit here now and say, oh, I got a cold thing coming down my spine.
Because he's right.
It is an oligarchy.
It is.
Jesus, look at this.
You were there, baby.
You were one of the architects.
So don't sit there and give me the tingling spine.
Mike Lindell.
mike lindell
Well, Steve, you know, I look back at that.
And, you know, I was canceled across the country, every box store.
You know, I didn't change.
I was this ex-crack addict, the American dream on steroids that changed his life and hired all these USA employees and everything and started a business.
And all of a sudden, I'm getting attacked because of what?
Because I want secure elections or because I wanted to speak out.
And one of the things, though, evil is greedy, everybody, and it backfired on them.
I think I'm probably one of the prime examples of that.
On the night of the election this year, 2.30.
I said, you know what?
I wouldn't trust any elections ever done with computers, but I said, you guys know, I'm never going to stop fighting until we get to secure elections.
And I told them, but I want to thank each Every one of you, because as you attacked me every single day and other people, you helped get the word out indirectly and helped get our great, real president, Donald Trump, elected.
And they did, Steve.
They overplayed their hand.
They were greedy.
They attacked every day.
It wasn't good enough for them to take us off every platform, social media platform, which you're right.
I went out and made prank speech, which now, by the way, everybody, is Lindell TV. We just rebranded it.
But what scared me, Steve, is when they...
They stopped attacking me for a while.
I thought, you know what?
I could have all the evidence in the world, but if you don't have a place to get the word out, it goes away.
And that's what they tried to do.
And our voice has gotten so much bigger.
Important things, everybody, now that we didn't have then is our voice has gotten bigger.
And I'll say it before, Steve, you are probably one of the biggest parts of that.
Well, you are one of the biggest parts.
I know myself, I didn't have a voice.
I came on your show back then, and I think...
You were probably the only one after February 5th of 2021 that would have me on.
I was like, I was shamed everywhere.
Like, you can't talk to me as a conspiracy theorist.
He might say something that rhymes with the name of a voting machine.
That was lawfare.
They used lawfare, everybody.
They wanted to silence their voice.
I get attacked right now almost more than I was back then.
My Lindell Recovery Network getting attacked right now by Keith Ellison.
Why are they doing that?
Donald Trump's already in power.
They're doing it because they want me to quit talking.
Period.
steve bannon
Mike, one last question.
By the way, where do they go to get the cross?
I want to make sure.
Let's get a pitch in here to really make sure.
mike lindell
Yeah, you guys go to my pillow.
Yeah, you can get the cross, and we're going to do one better.
For the War Room Posse, we just got in all the 2025 towels.
They were on sale for $49.98 to the public.
For the War Room Posse today, $29.98 for the towels, you guys.
There they are, all the 2025 colors, the best towels ever in history.
And if you go to the website, go down TSC Steve there, click on them, and you're going to find the towels.
You're going to find the crosses that the media has attacked me for selling on the War Room.
And I'm going to do you one better, everybody, in celebration of my 16th year of sobriety, free shipping for your entire order, no matter how much you order, free shipping for the promo code War Room.
All my operators know about these specials.
I called about two hours ago.
I called and even added to it.
So 800-873-1062.
And they are so grateful for our voice.
And Steve, for you having this show, and we are a proud sponsor of this show, and my employees wanted to let you know that today.
We're so grateful to the War Room Posse.
It's a win-win-win.
We keep our voice going.
They get the best specials ever first, and free shipping on your entire order.
steve bannon
Hey, Mike, before I let you in, by the way, the audience is what makes this show, and the cadre here, the War Room Posse, has done so many incredible things, so battle-hardened.
And this week's been great because they've seen the fruits of their labor and what they work for in these magnificent cabinet secretaries coming forward and just dominating the room, full-spectrum dominance.
Before I let you go, Mike, I just have a couple of questions.
Number one, did Joe Biden win the 2020, the 3 November 2020 election, sir?
mike lindell
Pac-Man asked me that today, David Pac-Man.
The answer is 100% no.
15 million votes were taken from Donald Trump.
And added to Biden.
$15 million.
You take that off.
He was about $66 million.
That's a fact, everybody.
steve bannon
That's a fact.
Hang on.
On that, we have a difference of velocity.
I was done.
I say it's mail-in ballots.
I'm not a machine guy because I'm not smart enough.
But Mike has got a difference.
But we both agree, however it was done, Joe Biden did not win the election of 2020. Am I correct in believing that you believe, sir?
mike lindell
You are 100% correct, Steve.
And I want to say this, too.
Don't kid you.
Everybody, I'm not gonna stop.
I am not gonna stop to secure our elections.
Remember, everybody, there's a reason 132 countries have banned electronic voting machines, and over 100 countries have banned early voting and mail-in voting, like Steve says there.
So there's a reason other countries are going, why would it be banned if it didn't work?
We want to get to perfect elections is what we want.
steve bannon
Game day voting paper ballots.
That's what President Trump wants.
That's what we've got to do to secure this ballot.
Okay, so was Biden in the term that he basically is going to leave at noon on Monday?
Given the fact that he did not win, was he a legitimate or an illegitimate president, sir?
mike lindell
He was an illegitimate president.
As you know, I never called him a president.
I always said my real president was Donald Trump.
It never changed from Donald Trump.
And, you know, I look at the last four years, everybody, as a blessing.
If Biden wouldn't have got in there as an illegitimate president, we wouldn't have had four years uncovering things and seeing where all the uniparty Republicans are, seeing how horrific the Democrats can be.
All these things that we've learned.
We needed that because you know what?
It opened people's eyes.
Not only for this, for our country, but also for the greatest revival for Jesus Christ in history.
People don't look to God when things are going good.
It's usually when things are going bad.
So there was a lot of benefits in the last four years that I see, Stephen.
When people would ask me, you said God's given us grace when you talked from the White House that time.
He did give us grace, everybody.
These last four years were grace.
They probably didn't feel like...
But when we get to the great place we're going to get to, you're going to look back, and this last four years had to happen.
So that stolen election had to happen.
Or we might have been gone forever.
They were boiling us like frogs.
And now it's all, you know, the word's out.
And remember, everybody, you go back to December of 2019, we had a politician, Donald Trump, that got in there, not a businessman, that everything he did, in spite of all the blocks, Manifested to the highest consumer confidence in history.
All these great things.
Unemployment.
Everything was down.
Everything was great.
No matter where you were as a person, either from no forks all the way to four forks, your lives improved.
And people remember that, Steve, but they also didn't have short memory of what happened in the last four years.
When I seen you play Biden's stuff there at the beginning of the show, I'm going, this is just, you know, the stuff they're putting on this teleprompter.
People, we can never forget.
We can never forget 2020, and we can never forget the last four years.
steve bannon
Given the fact that they stole the 2020 election, given the fact that it has been an illegitimate regime, the solution to this is that we have to go back and investigate and adjudicate this in a proper form.
Do you agree with that, sir?
mike lindell
Absolutely.
And I want everybody to know, I have a 90-page report coming out with my election bureau.
We've been working very hard on this.
Remember, everybody, we have the cause of America reaches out.
I do a call every Monday.
This report's going to be coming out, and that's exactly what we're doing all across this country.
States, you might not say, well, why would you have do anything in Oregon or Hawaii?
You know what?
This all ties in together.
One is just as important as the other.
We are going back in time, and every single thing.
Everything will be brought to the light and will be, hopefully, prosecuted.
These people brought to justice.
Steve, I've said it before.
What we've done is we broke through the biggest cover-up of the biggest crime in history.
We have broke through the biggest cover-up.
Now let's talk about the biggest crime and get it all out there in the open.
steve bannon
Get it all out in the open.
Mike Lindell, thank you very much.
Look forward to having you on tomorrow's show, sir.
Go to MyPillow.com, promo code WARROOM. Get your cross and towels, everything.
Thank you, sir.
Appreciate you.
mike lindell
Thank you, War Room Posse.
Thanks, Steve.
steve bannon
The history here is so clear.
That's what they're going to try to cloud it up now.
Nope, Rachel.
Sorry.
Sorry you got to tingle up your spine.
Sorry, Biden.
You're illegitimate.
You're going to go with an asterisk.
You're illegitimate.
You stole the election.
You were an illegitimate president.
You nurtured an oligarchy, particularly the power in social media, because you wanted to be able to shut people down and destroy them.
And guess what?
It didn't work.
We were not destroyed.
In fact, we've come back collectively as the MAGA movement, more powerful than ever.
And President Trump's going to be more powerful than ever.
And he's got trophies going to sit in back of him on the podium.
The trophies of the oligarchs you created and he's got to deal with.
Can we play?
I want to play the clip.
I've got Dave Walsh in here because I want to get Dave on here because remember, just to step back for a second, the underpinnings of the turnaround, you have to have a robust economy.
This is what President Trump did in 2017 that led to the great economy of 18 and 19. That's why people wanted me back in office.
The fundamental point that Dave Walsh makes to get underpinning an advanced industrial economy is energy.
Full-spectrum energy dominance.
Let's play from the day's hearing.
unidentified
About the legislation that was written in this room that was the biggest transformation on clean energy in American history.
That is our package that basically said the tax code as it relates to energy is a broken-down mess.
And we basically said we're going to have a technology-neutral system.
The more you reduce carbon, the bigger your tax savings.
Now there is a big effort in the Trump administration to reverse it.
I think that's going to be bad for the economy, but it is going to be damn good for China, because we are in an arms race on clean energy with them.
Are you going to be on the side of people who want to unravel this?
Senator Wyden, just so we can frame this for everyone in the room, China will build a hundred new coal plants this year.
There is not a clean energy race.
There is an energy race.
China will build 10 nuclear plants this year.
That is not solar.
I am in favor of more nuclear plants.
And I would note that the IRA, as scored by the CBO, is wildly out of control in terms of spending on the upside.
steve bannon
That's the Inflation Recovery Act.
Dave Walsh joins us now.
All Things Energy.
Dave, I don't think I've ever heard that in the hallowed chambers of the Senate in any type of testimony.
Scott Bessent blew up a lot of Democratic heads today with truth bombs.
Can you walk me through that one, sir?
dave walsh
Scott's exactly right, and he was actually kind to Wyden.
Permitted and under construction are 400 coal plants in China as we speak.
A lot of folks on the left think they're adopting as much solar.
They're not.
They're adopting an energy value because solar runs about 25% of the time.
They're adopting four times more coal power than solar power as we speak.
I talked a few days ago about some data across the last five years.
They're winning the import battle here on energy equipment.
That's another war going on.
We've imported $220 billion to $240 billion in the last five years of Chinese solar panels, lithium batteries for storage, and inverters for solar farms and storage.
So nearly 60 percent of our energy power generation equipment market has been taken over by them.
That's a war they're winning because we're letting them.
That's an importation war.
While their own system is 62 percent devoted to coal power, 5 percent to nuclear, 15 percent to hydro, the wind and solar are a grand total of 13 percent of their own energy system, nominally small, same as here.
Basically, they're electrifying like crazy to compete with us, outcompete us industrially and militarily.
That's their goal and objective.
Wyden doesn't get that.
The Democrats don't get that.
There's a horrible—and most of the Biden IRA actually spends $42 billion a year in incentives to the world's largest cap companies, Constellation, Nextera, Evergy, Duke Energy, Dominion.
Foreign companies, Iberdrola, BP, Hanwha now on an electric car plant, a battery plant, EDF, and Shell are the big recipients of tax credits.
We talk about an oligarchy.
The biggest recipients of tax credits in the IRA are the largest cap companies in the world.
To force more, five times more costly solar and wind down the throats of U.S. consumers, as electricity costs have risen here the last four years by 32% across the country.
While we've adopted all these renewables that are massively more costly for all the reasons we've talked about the last three years, the capacity factor, the time they work, is very, very limited.
And you're spending a lot more money on them for that.
So, I mean, they're winning the energy war as well because we're self-inflicting the wound of making ourselves buy all of their panels, lithium-ion batteries, and being incented by the government, our own government, to do it.
steve bannon
Watching Rubio, Russ Vogt, and Scott Besson over the last couple of days, does it strike you that we're about to make a pretty dramatic pivot back to kind of the Dave Walsh?
unidentified
Oh, I believe we are.
dave walsh
I firmly believe we are.
Besson, a great job today in reacting to Wyden.
Just an utterly senseless remark that we're importing, that we need to incent carbon savings.
He was trying to talk about building energy, and he winds up admitting the truth.
What we've been incenting are carbon savings.
Carbon savings are not about industrializing.
Industrializing is going to create more carbon, nominally more carbon.
Having more energy is going to create a little bit more carbon.
Actually, we've reduced carbon massively with the shift from coal-fired power to gas-fired power in the last 20 years.
The U.S. has reduced the carbon footprint by 43% per megawatt generated, a world-leading value, by shifting from one carbon fuel to another, coal to natural gas, which has tremendous promise for basically solving.
In a near-term basis, the entire energy deficit we have, which is now huge.
So, no, I have tremendous optimism, cause for optimism, listening to Rubio, Scott Besson, on their deep knowledge.
And Besson, even not to do with energy or the EPA, deep knowledge of how energy intertwines with the GDP, with the balanced trade.
He gets it.
He understands it completely.
steve bannon
What should we be looking for?
What are the executive orders, what are you looking for coming out of the Days of Thunder number one on Monday afternoon?
What executive orders, what moves from Trump 2.0 are you looking for to give you comfort that it's heading directionally in the right direction?
dave walsh
Well, for certain we're going to see something banning the import of critical energy producing components in the bulk electricity grid.
That's going to come back.
That was rescinded and revoked by Biden on day one.
That's got to come back, and it will come back.
I think we're going to see some action on baseload energy being supported by this government through executive orders.
The fact of shutting down coal plants, nuclear plants, and even gas plants that can produce power 24 hours a day is a disaster on a net electrification basis, especially when you're attempting to replace them with stuff that runs Solar, 25% of the time.
Wind, maybe 32% of the time.
You wind up with a massive deficit that we're now in as electrification growth needs to be 3% to 5% to keep up with demand for power.
And here in the last five years, we've grown electrification by only 0.6% per year.
So we're in a huge hole on necessary electrification to participate in both the new economy.
So I think we're going to see Executive orders pushing us in a direction of nothing but baseload power.
By the way, the new governor of West Virginia is all about Morrissey for his state.
We can only build the power plants that run all of the time or a majority of the time in West Virginia.
He's a leader on this.
I hope he's involved with helping shape federal policies because I think the incentives will also be under attack.
And wanting neutrality.
Here, Wyden mentioned neutrality.
You got fuel neutrality if you don't incentivize anything.
Wind, solar, battery storage should not be incented.
Period.
Hard stop.
Nothing needs incented.
$42 billion a year is way too much money spent on actually negative energy value equipment.
I think we're going to see some high pressure on that through executive order also.
The beginning to pull back, the desire to pull back on incenting, and therefore hiding the true cost of these massively expensive energy sources.
Even Carter, in his formation of the DOE, was all about efficiency.
You only promote efficiency when the naked cost of energy is visible to consumers.
When you hide it through incentives, this stuff is five to six times more costly, solar and wind, you're not promoting efficient use of energy.
So I think we're going to see some pressure on that as well.
steve bannon
And you believe that this, that the new direction, radical new direction in energy policy will be the foundational element of President Trump's economic revival of the United States?
dave walsh
It has to be.
If it's not, we're going to have a weak economic revival.
We've got to be all over disincenting part-time energy sources.
Not just wind, but also solar, which is a capacity factor thing of about 24%, therefore costs five to six times more than natural gas combined cycle, than coal-fired power.
We've got to get back on track with also disincenting that and getting the EPA out of making draconian rulings, which they made another one even after the SCOTUS ruling on the Clean Power Plan.
The EPA has come back now with wanting to shut down gas and coal plants by 2035. So that's got to be turned around.
I think it will be turned around by the new Trump EPA, clearly.
We've got to have the gas plants running.
We've got to have the coal plants running, because they run all the time.
We need electrification that runs all of the time.
steve bannon
You saw Lee Zeldin today, just magnificent over at EPA. Audience, I'll be very proud of the work you did because the team that you're putting on the field is very impressive.
Dave Walsh.
dave walsh
Great job.
steve bannon
I think one day before too long, you may be part of that team.
Big announcements, I think, coming on Dave Walsh.
Dave, where do people go on your social media?
dave walsh
Well, find me on True Social, Getter and X at DaveWalshEnergy.
Thank you, Steve.
Appreciate the forum.
Thank you.
steve bannon
Thank you, brother.
Appreciate you coming on and staying up with us.
New York Times is breaking about Zuckerberg.
This is about meeting with President Trump and Zuckerberg, getting rid of the sign of the surrender document.
It said, Zuckerberg signaled to Mr. Miller and his colleagues, including other senior Trump advisors, that he, Zuckerberg, would do nothing to obstruct the Trump agenda.
According to three people with knowledge of this meeting, who asked for anonymity to discuss a private conversation, Mr. Zuckerberg said he would instead focus solely on building tech products.
unidentified
Let me repeat this.
steve bannon
Did Zuckerberg signaled to Mr. Miller and his colleagues?
Wait for it.
Wait for it.
He would do nothing to obstruct the Trump agenda.
He would solely focus his business on building tech products.
That's a full surrender.
You should look at that podium on Monday like the deck of the battleship Missouri in Tokyo Harbor in September of 1945. They're there essentially to sign a surrender document.
Look, I realize we've got issues with oligarchs, there's no doubt.
A chasm in their beliefs and the populist nationals' beliefs, the chasm in...
What they think is right and what the people think is right.
But you've got to take it.
It's a process.
Think about this for a second.
He's going to have lined up in the back of them.
It's like the Japanese on the deck of the Missouri.
They're ready to sign the surrender document.
New York Times is reporting Zuckerberg's already kowtowed.
They broke Zuckerberg.
Now, Zuckerberg, you can run, but you can't hide.
You're a criminal.
You're a criminal.
You were one of the big reasons the 2020 election was stolen and you knew exactly what you were doing and you knew where you had to do it.
So you can write all the million-dollar checks you want.
You can be as obsequious as you want.
You can sit there a million times and say, we're not going to obstruct the agenda.
You're certainly not going to obstruct it since you've surrendered.
Mark Zuckerberg, you see, he's a broken man.
Just look at him.
Throwing out now.
He's cosplaying a UFC fighter.
That's his new fantasy.
This is the mess that the Democrats have left Trump.
A financial mess.
A mess about kinetic wars in the Eurasian landmass.
A mess of 12 to 15 million illegal alien invaders.
Think about it.
Get your head around that.
unidentified
Think about it.
steve bannon
Every aspect you look at.
A disaster and a mess.
And now with limited alternatives because of this debt and the deficit.
The ticking time bomb of it all.
Days of thunder.
We're going step by step here.
Confirmation is not too shabby.
He's fielding a pretty good team.
I tell you, somebody's not going to take the field.
That is the Hipsy head in the house.
Turner's gone.
Costello's next.
unidentified
I want to ask you about Speaker Johnson, because he fired Republican Mike Turner, who's the chair of the House Intel Committee, and he cited concerns from Mar-a-Lago. and he cited concerns from Mar-a-Lago.
It is important for our audience to know if they're not familiar with him.
Johnson is one of the staunchest advocates in support of Ukraine, and now he's out.
What does that tell you?
Turner, excuse me.
Right, well, yeah, so Mike Turner said that when Mike...
Mike Johnson, the speaker, kicked him out as the chair of the Intelligence Committee that he cited, essentially, that this was Trump's orders or the Mara Lager's orders.
You know, Mike Turner's a traditional Republican.
He's a national security guy.
He's really big on Ukraine aid.
He supports the intelligence agencies.
He supports the FISA collection of...
Records from terrorists abroad that some oppose from the right in the House.
And so he's out of step with the MAGA wing of the party.
And so this is another victory for Donald Trump and the MAGA wing.
And we're going to probably find out tomorrow who Mike Johnson is going to replace Mike Turner with.
But if it is somebody more from that America first wing of the party, you can see exactly what they're trying to do with the intelligence committee.
Mr. Speaker, do you have any comment on why did you remove Mike Turner as Intel chief?
It's a new Congress.
We just took fresh horses and Some of these places but...
I'm a Mike Turner fan.
He's done a great job.
He performed valiantly in a difficult time under difficult circumstances.
So I have nothing but positive things to say about my friend.
Did Trump have any opinion on that?
This is not a President Trump decision.
This is a House decision.
And this is no slight whatsoever to our outgoing chairman.
He did a great job.
But we just the intelligence.
Community and everything related to HIPC needs a fresh start, and that's what this is about.
Nothing else.
So I have nothing negative to say about Mike Turner at all.
He's a good man, a good colleague.
I respect his work.
He's going to continue to be my appointee with everything regarding the NATO, and they're hosting a big summit, so to speak, of NATO in his district in Dayton coming up, and he will continue to be the face and the voice for us in Congress and he will continue to be the face and the voice for us in Congress to our NATO allies about paying their dues and doing what they need to do, and When will you announce our plans here?
We'll find out tomorrow.
Quickly, on the ceasefire.
On the ceasefire, Mr. Johnson.
Do you have any time to call?
I am getting so busy every second of today.
I'm going to get the full readout.
Thank you.
steve bannon
Fresh horses.
That's an interesting way to say it.
I don't think any individual has worked harder on this, on the removal of Mike Turner as chairman of the House Intelligence Committee than Brian Costello.
Brian, you've had two in your gun sights, this and Sequoia Capital.
Neil Shen.
Get to that later.
Talk to me about why...
Is it logical for Turner not to make the traveling squad with Tulsi Gabbard, Ratcliffe, President Trump, and what he's trying to do to reorganize Kash Patel to reorganize the intelligence services, sir?
brian costello
Listen, Steve, I think we saw how important this committee is, right?
The House Intelligence Committee was the one place when Trump was in president last time and had the IC weaponized against him.
Was the one place under Nunes with Cash, Colonel Harvey, Colonel Pappas, Rich Higgins that stood up and actually brought to the American public what was going on there.
So I think it's an extremely important committee.
And as he goes into RD&I, Radcliffe into CIA, Hegseth into the military, and I think it's extremely important that Trump has an ally there who works with those agencies.
For the appropriate oversight, runs cover for the things that's happened in the past and the investigations.
And Turner showed clearly he was not that guy.
From day one, he walked the Russia hoax investigation team.
I don't believe the country would be where it is today without Nunes and his team.
You know, he walked them, perp walked them out the door like they were criminals.
He started, you know, supporting Ukraine.
He wanted no reforms on FISA. You know, people don't know this, but the first Mayorkas impeachment, the first time they went to move forward with the Mayorkas impeachment, he voted against it.
He flip-flopped the second time.
You know, and here's a guy who's being briefed with all the national security threats that are coming into the country at a level no one else is, and he's still supporting the administration.
So it's nice to see Speaker Johnson make a move on this.
It's a shame it had to come from Mar-a-Lago and that he didn't do it directly himself.
But it puts the...
Country in a much better position now with Rick Crawford taking the helm there.
steve bannon
Okay, you look at the training ground of what the House Intelligence Committee was when we won the White House in 16. Pompeo, I think, was chairman.
He went to CIA right away.
Obviously, that did not work out.
But Nunes took over.
Nunes had—his chief investigator was— It was Colonel Derek Harvey, who you're very familiar with on the show, audience.
Cash Patel was the general counsel.
He had, you know, a sergeant had Rich Higgins, who eventually came over and laid out in a memo the entire deep state and how they were trying to take down President Trump.
And he had Pappas.
He had the four best.
When Turner took over, he essentially perp-walked out the staff that unions had left there that were on top of things.
The only reason that that shifty shift in these guys...
Ryan, as Speaker of the House, made Nunes recuse himself because Nunes had come over to the White House one time.
One time, he made him recuse himself.
This was Paul Ryan because he wanted Trump nailed, right?
He had Trey Gowdy then step into the breach and Trey Gowdy just stood down, had Cash and all those guys stand down.
They turned the committee over to Shifty Shift in Swalwell.
And I got, I don't know, 30 hours of testimony in front of those guys in a skiff in a star chamber with Don McGahn and Reince Priebus and many others.
Okay?
Trying to nail President Trump.
Trying to nail President Trump.
100% trying to nail President Trump.
That's what went on here.
And Turner took that team, that battle-hardened team that was in place and got rid of them.
Why did he get rid of them?
He agrees with the Democrats.
He had to go, and I think this is heroic.
I don't know who convinced Speaker Johnson, whether it was President Trump or others around this kind of new reformulated intelligence community you've got with Tulsi Gabbard's going to come on board.
You've got Radcliffe.
You have others advising the president.
But it's a new day, is it not, Brian Costello?
brian costello
Yeah, if you look at Turner, it's...
One, it's amazing that McCarthy put him in there in the first place, right?
His Liberty score ratings of 40 percent.
He votes with 42, 43 percent.
He votes with Democrats more of the time.
This is one of the more powerful positions.
And we had the gavel with the House, right?
And we know the intelligence community had— You know, abuse things, trying to change the election back in 2016, trying to remove Trump when he was in office.
And here you have the gavel.
It's one of the more powerful positions.
And you've got a guy, you know, with one of the—one of, if not the lowest Liberty score ratings in there, you know, who takes the staff that's highly valuable, that had a lot of experience.
Working with Durham and everybody else and removes them.
Shuts down a China investigation who's looking at how the business community is using China to influence Washington and the intelligence community is doing nothing about it.
You know, where, you know, the president and his son fall into that realm.
Shuts down that investigation.
And, you know, every single thing he did.
I mean, Hakeem Jeffries is out with a note today, upset that he's leaving.
Adam Schiff's just on MSNBC praising the guy.
Saying it's a huge mistake letting them go.
You couldn't have a better commercial that writes itself for why you should be removed.
steve bannon
Yeah, no.
Before I let you go, TikTok, Sequoia Capital, Neil Shen, latest on your investigation of that.
Do you think that's going to get any traction?
brian costello
You know, we'll see.
The TikTok CEO is purportedly at the inauguration, so it's supposed to be shut down over the weekend.
I know that we're all capitalists.
We'd like to see people make money off it, and we'd like to see it in hands and the businesses that still run off it.
I know Trump's focused on that, but this is a dangerous tool.
Senator Cotton came out ripping today the Democrats trying to delay the shutdown.
We'll see what happens.
We'll see who has the courage to confront this if Shen gets removed from the board of directors.
We still have a problem in that we have a lot of capitalists who don't see the economic warfare, and it's not a competition that's happening with China.
And we need to make sure in the new administration we confront that and we win on every single front.
steve bannon
Were you impressed we saw the aggressive nature of Marco Rubio as Secretary of State in his hearings and Scott Besant at Treasury, sir?
brian costello
I was, Steve.
I've never told this story before, but one of the first Senate offices I went to on the Sequoia side was Marco Rubio's.
And his former press secretary was very, very helpful in terms of putting some stuff around Congress and everything else, which eventually the National Security Council did force Sequoia to separate from its China arms.
So I think he understands the threat very, very well.
I thought he was terrific.
I thought Scott Bessent.
Laying out the energy, I think, bringing technology into the military, it looks very promising here.
So we've still got some work to do.
But, you know, one question I do have, though, is, you know, is Turner's, given that Turner's out, you know, Lee Smith did a nice piece in Tabba magazine talking about how he's boasting about how he's, this was just a week ago, he was boasting about how he was taking over Trump's intelligence community.
You know, and his chief of staff, Adam Howard, and I hope Mike Waltz, You know, who's made some good announcements there, is going over—Turner's chief of staff, Adam Howard, is going over, supposedly, to run intel oversight and advise the president on the National Security Council.
I hope that's the right move.
steve bannon
Where do people get you?
Amazing information.
And by the way, congratulations on Turner being the former head of HIPSE. Where do people go to get your social media?
brian costello
Yeah, Steve, fortunately there was a lot of content.
Even when you went on your sabbatical, we were still on it.
So the doofus from Dayton can now have the NATO summits in Dayton, which is ironic.
That's where he's focused now.
But Twitter on X, BP Costello.
steve bannon
Brian Costello, thank you very much, sir.
brian costello
I appreciate it.
steve bannon
Turner, big move today.
Really want to thank Colonel Derek Harvey and Turner for being on this one.
Like a dog on a bone for about the last year and a half, just relentless.
And Turner had to go.
It was a great, fantastic move.
The House Intelligence Committee, very, very powerful, one of the most powerful committees in the entire House.
I'm going to get to pardons here in a second.
There's a lot of...
Crying and gnashing of teeth around the White House about preemptive blanket pardons.
I want to thank the folks at Birch Gold.
If you don't think times are going to be turbulent, just look at what Russ Vogt had to say.
Scott Besson had to say that's where they're bringing this team together to make sure President Trump's got the best, single best economic and finance team in the White House.
Times are going to be turbulent.
You see that in what's happening to the guilt.
That would be the...
The government security that comes from, I guess, the Bank of England to fund the British government.
It's kind of like looking at our 10-year treasury.
You can tell turbulence is ahead.
You've got a flashing yellow, maybe kind of a flashing red right now.
Go to birchgold.com.
Ask Philip Patrick.
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Wait for the answer.
That's birchgold.com slash bannon.
Talk to Philip Patrick and the team today.
Can we play?
We've got a cut here on what just happened over, I think, on MSNBC about blanket preemptive pardons.
Let's take a listen.
unidentified
is still the president.
nicolle wallace
Merrick Garland is still the attorney general.
unidentified
It's Thursday, and they've got until noon on Monday.
What can be done to protect the rule of law in those three days?
Well, Joe Biden, and nobody really agrees with this, but I'm going to say it anyway, Joe Biden still has the power to pardon people.
And we've heard from Pam Bondi now.
We heard from her saying in that there's a lot she didn't say.
There's a lot she refused to say, right?
Things like refusing to even commit to preserve records.
I mean, these were not gotcha questions.
These were softball questions.
But there was a lot she said.
She said DOJ is weaponized.
She said the special prosecutors are abused.
She said Trump has been targeted since 2016. And then she didn't recant or back away at all from that comment of prosecutors, the bad ones being prosecuted, investigate the investigators.
So you have somebody who's coming into DOJ and, you know, far from being somebody to say, I'm going to lead you and have your back, you've got a target on your back.
So, you know, with somebody coming in like that, yeah, if that doesn't justify a pardon from the president in the few days we have to say, hey, we know you're going to go after and have some vindictive prosecution against people like Jack Smith, like Merrick Garland, like Liz Cheney, who did nothing wrong.
And we know you're going to do it.
Now, look, maybe they don't want one, and that's fine, but we know what's coming.
She was very clear about it for anybody that watched it.
So if you know that that's wrong, why not use the tools that you have available to you?
Why not use that pardon power?
And I hear people say, well, you know, that's against the norms.
But there are no norms.
They're going to shatter the norms.
The whole thing.
OK, you see it right there.
Amen.
steve bannon
Think about that for a second.
All the crimes they've committed in these apparatuses, and they know it.
They know it right there.
They say, hey, Pam Bondi, and remember, half of Pam's confirmation hearing was really about Cash Patel and government gangsters, and Cash put together the list of who was in the deep state.
They're in meltdown.
They're going to be coming for Cash.
And, you know, you have the flood the zone strategy, and then you have kind of the Alinsky where they can kind of cull them from the herd.
Cash, they're going to hold Cash back until...
You know, they've gotten all the major confirmations done.
Then they're going to let him go.
They're going to say, well, he's not really cabinet level, although the one they fear is FBI. So it makes no sense logically, but this is what they're going to do to try to destroy cash.
We're not home by a long stretch.
First of all, we don't have any confirmation vote.
We don't have any committee vote.
Remember the process.
It's got to be the committee in charge, the convening committee.
The Committee of Record, which they report to, because it's the balance, the separation of powers, that has to vote first.
So Cash, you know, and Cash goes to judiciary because the FBI is considered part of the, or it is part of the Justice Department.
But right there, you're in full meltdown.
Oh, you've got to give pardons.
Look what she said.
I thought what she said was pretty straightforward.
I'll follow the law and I don't come up with any predisposed opinions.
I'm going to look at this with a fresh set of eyes and look at facts and look at evidence.
I thought she was extremely even-handed.
She's certainly no Matt Gaetz.
Matt Gaetz would come and breathe in fire.
And Pam may be even as effective or maybe even more effective.
She's got kind of a way about her, the way she lays things out.
Comes across as very open, kind of an open book, very straightforward, not cunning, nothing to hide.
But already, her testimony, go back, don't take it from me, think about when you were watching it.
Go pull some clips tonight off YouTube and just watch it with your own eyes.
And that's caused them to, and go and do the clips, maybe I'll get Grace to put some up.
About when Pam was talking about this.
Because they hammered her over and over and over again about the 2020 election and about this.
That's why I say half of the confirmation here was really about Kash Patel.
You watch it with your own eyes.
See what you think.
Would it cause you to have complete and total meltdown?
Would it cause them to have total and complete meltdown?
And then you've got to ask why.
And now they're sitting there going, hey, it's, you know, you got a couple of days, you got Friday, Saturday, Sunday, until noon on Monday.
They need pardons.
Liz Cheney needs a pardon.
Benny Thompson needs a pardon.
Jack Smith needs a pardon.
The career prosecutors need a pardon.
They need pardons.
They're fearful.
They feel like they got targets on their back.
Didn't do anything wrong.
You should sleep well at night.
I don't know.
If you're part of the weaponization of government, you're probably going to toss and turn.
And you should toss and turn.
I think Pam's going to be pretty relentless, and I strongly recommend what Fenton said the other day.
A special prosecutor, a special counsel, whatever they're called today, has to be designated, I think, in our report to the White House.
We have to show them on this theory of the concentration of the executive.
It has to happen.
We're going to get into more on this tomorrow.
Christy Noem will go tomorrow.
Maybe we'll jump in and start with her tomorrow on the fourth day.
Just incredible.
Folks, what a run.
You should be very proud.
Your work has been well worth it.
You're seeing the beginning phase.
Remember, I said it's going to be executive orders.
It's going to be laws like the two reconciliations.
It's going to be personnel.
Personnel's policy.
We're going to start with the cabinet official.
We're going to start with the confirmation.
That's going to give you an indication of what you bought and what you pushed for and what you sold to people.
You should be very proud.
This was done incredibly professionally.
It took a huge effort of the transition team.
It took a huge effort of the White House staff.
It took a huge effort of those departments to get people prepped because the Democrats are ugly, nasty, and they come in nasty with nasty questions and an attitude.
This is not a search for truth or enlightenment.
It's pure attack.
And your team weathered it and came through with flying colors.
Couldn't be prouder.
Just incredible.
On the path.
All of them on the path to confirmation.
All of them on the path to confirmation.
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unidentified
Doesn't go into Treasury or over the economic side, etc.
steve bannon
Jim Rickards.
Geopolitics and Capital Markets.
Rickardswarroom.com slash Ben.
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