Jan. 24, 2025 - Bannon's War Room
48:54
Participants
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| Speaker | Time | Text |
|---|---|---|
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unidentified
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Certainly, sir, we have an executive order ordering the declassification of files relating to the assassinations of President John F. Kennedy, Senator Robert F. Kennedy, and Reverend Dr. Martin. | |
| That's a big one, huh? | ||
|
unidentified
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A lot of people are waiting for this for a long, for years, for decades. | |
| And everything will be revealed. | ||
| Thank you. | ||
| Okay. | ||
| Give that to RFK Jr. Sir. | ||
| This is the primal scream of a dying regime. | ||
| Pray for our enemies. | ||
|
unidentified
|
Because we're going medieval on these people. | |
| You're just not going to get a free shot at all these networks lying about the people. | ||
| The people have had a belly full of it. | ||
| I know you don't like hearing that. | ||
| I know you've tried to do everything in the world to stop that, but you're not going to stop it. | ||
| It's going to happen. | ||
| And where do people like that go to share the big lie? | ||
|
unidentified
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Mega Media. | |
| I wish in my soul, I wish that any of these people had a conscience. | ||
|
unidentified
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Ask yourself, what is my task and what is my purpose? | |
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
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War Room. | |
| Here's your host, Stephen K. Band. | ||
| Thursday, 23 January, Year of the Lord, 2025. | ||
| In a day of more bomb dropping by President Trump and rolling through on the new golden age of America. | ||
| And everything that he's doing and driving, driving, driving the action, there's counteraction, too. | ||
| They're in court. | ||
| They're in the media. | ||
| They're in jails making things tougher, whether it's releasing people on the J6 pardons. | ||
| Or trying to do ICE raids in Chicago. | ||
| And momentarily, we're going out to our own Ben Burquam. | ||
| There's resistance in federal court. | ||
| They're dropping lawsuits against every executive order. | ||
| They're dropping lawsuits against birthright citizenship. | ||
| So every line that we've talked about going down, what we call the lines of work or the verticals, there are massive momentum. | ||
| Executive orders drop. | ||
| Executive action taken. | ||
| Now legislation, Lake and Riley passed today. | ||
| I think it's going to go to the president's desk, I don't know, tomorrow, sometime. | ||
| We'll cover that. | ||
| And Lake and Riley bill has got a great opening for us in the H-1B visas, a secret weapon. | ||
| President Trump's hitting on all fronts, dropping bombs all day long. | ||
| It's just absolutely extraordinary, incredible, and there's huge resistance to all of it. | ||
| But today... | ||
| Dropped another one. | ||
| The release of... | ||
| Now, here's what it is. | ||
| It's not the exact... | ||
| The headline's a little different than the reality. | ||
| And this is why we have the crack team of practitioners in intelligence. | ||
| I see the intelligence community. | ||
| We have some of the best of the best. | ||
| I went through the executive order. | ||
| It's not the immediate release today of the files of Jack Kennedy, Bobby Kennedy, Martin Luther King. | ||
| It is, they have to return in 15 days with a plan, D&I. I'm not so sure Tulsi's confirmed by the Senate in 15 days. | ||
| So it has to be the acting crew over there. | ||
| And we have to get, there's all types of wording. | ||
| It's like the wording in the executive order that led to getting rid of the security classifications, the security clearances, excuse me, of the 51 on That fought us on the laptop from hell. | ||
| There may be a little bit better wording than that to make sure they can't come back and sue you. | ||
| They're going to try to tie everything up in the courts. | ||
| Everything, everything, everything. | ||
| This work, this daze of thunder, the shock and awe of being the blunt force instrument and going after the administrative state and the deep state is, quite frankly, stunning. | ||
| Like I said earlier this morning, the strategic part of it, the strategic part of it is so brilliant because they're interconnected and interlocked. | ||
| So we're going to have Philip Patrick join us later, but the economics is coming out of Davos. | ||
| E.J. and Tony's going to be tomorrow because he's found all types of stuff in the numbers. | ||
| Also the bond market. | ||
| We'll show you some bond market numbers tomorrow. | ||
| Remember, we don't get a free ride here. | ||
| They get a vote. | ||
| But today, President Trump's sending a clear signal. | ||
| In 15 days, I want a plan from D&I. And that plan, and trust me, folks, we'll be all over this. | ||
| This is not going to be a two-year plan. | ||
| This is going to be, so is skirts clean? | ||
| Right? | ||
| That they can then go and do it immediately. | ||
| We'll be on top of that. | ||
| But it's not calling for the exact release today. | ||
| It's calling for D&I to come back in 15 days. | ||
| And we're going to make sure that plan doesn't say well. | ||
| We're going to bleed them out over the next four years. | ||
| Now, President Trump wants these things out. | ||
| What's his great quote? | ||
| Everything will be revealed. | ||
| How's that? | ||
| It's like it's a fascinating film, fascinating movie. | ||
| We're going to go to Davos. | ||
| President Trump just really unleashed on Davos Day. | ||
| It was magnificent. | ||
| Captain Jim Fennell will come to us from overseas. | ||
| And also Noor Bin Laden is in Switzerland. | ||
| She'll come to us. | ||
| She's actually in Davos. | ||
| I don't think she's going back to Geneva, but we'll find out momentarily. | ||
| But I have to go to the Windy City, cold Chicago. | ||
| Ice raids are supposed to start on Tuesday. | ||
| They didn't happen. | ||
| Why didn't they happen? | ||
| As we reported live for you on this show on Saturday morning, one of my young charges pulled it down and said, huge headlines, you know, Trump prepared to, Holman, Miller, and Trump prepared to do a 200-person ICE agent raid in Chicago on Tuesday, kicking down doors and rounding up bad guys. | ||
| And I said, did that say source close to the White House leak? | ||
| They said, no, four individuals familiar with... | ||
| For me, with the plan, I said, that's the administrative state. | ||
| That's guys over at DHS and others that know about the very local police, you know, these liberals in Chicago that know about it. | ||
| They're going to leak it because they don't want to happen. | ||
| What happened? | ||
| 24 hours later, in the same Washington Post, Holman says, hey, you know, we're working on it. | ||
| Don't know if it's going to be Tuesday. | ||
| It was not Tuesday. | ||
| The administrative state is fighting Trump at every step of the way. | ||
| Trump's got the military sending troops to the border. | ||
| Trump's got the military airlift command. | ||
| That's got lift capacity on standby. | ||
| They're pre-positioning now to send guys out of here, to deport people immediately. | ||
| The war has been engaged on every level, intellectually, with action, with money, with federal power. | ||
| And the resistance is tight. | ||
| I told you there was going to be resistance. | ||
| I shouldn't be a surprise. | ||
| In fact, it's healthy. | ||
| They're showing their true colors. | ||
| You're going through a great unmasking right now of who's actually a patriot and want to save the country. | ||
| The invasion. | ||
| They're going to fight us stopping the invasion and reversing the invasion. | ||
| Tooth and nail. | ||
| Ben Burkhorn joins us from a very cold Chicago. | ||
| Ben, you went out there a couple of months ago. | ||
| You know how tough it is out there. | ||
| You had a great crew at the time. | ||
| I think you had some of your crew members back. | ||
| Get us up to date. | ||
| Are we actually doing ICE raids even as we speak, sir? | ||
| Yeah, Steve, as you mentioned, I'm here with Terry Newsome of Behind Enemy Lines. | ||
| He was one of the first guys that got me up here, taking us to the inner city and the south side and all that. | ||
| As you mentioned, it was internal leak. | ||
| It was the traders within. | ||
| But I guarantee you one thing. | ||
| Anybody who goes against Tom Holman or President Trump that's on the inside of DHS or wherever they're at now, they're going to get a hammer dropped on them like they've never seen before. | ||
| They aren't messing around. | ||
| So ICE raids are happening as we speak. | ||
| They're keeping a little closer to the vest right now, going after low-hanging fruit. | ||
| But I just want to tell you, we were just down at the Cook County Jail speaking to a sheriff deputy down there. | ||
| Obviously couldn't go on the record. | ||
| He said the jail hasn't worked with ICE for five years. | ||
| He said they will not let... | ||
| Let ICE go into the jail. | ||
| And Governor Pritzker just doubled down on that today and said, unless you have a warrant, they're not letting you in. | ||
| But they will not let ICE into the jail. | ||
| So ICE is having to go into the communities. | ||
| This is what Tom said was going to happen. | ||
| They're having to go into the communities, like we're here in Pilsen, heavy Hispanic community, and go into these places and pick them up. | ||
| And they're going to take everybody that they get with them. | ||
| The big question is, are they going to go into the shelters that are harboring illegals as well? | ||
| So we're waiting to see that. | ||
| Hang on. | ||
| Hang on. | ||
| Hold on. | ||
| Slow down. | ||
| Slow down. | ||
| I'm glad you got Terry there. | ||
| I want people to understand this. | ||
| You're telling me federal authorities, and President Trump's already signed orders, federal authorities, and this, folks, is not a drag net to sweep up. | ||
| It's not going to the churches. | ||
| It's not going to the schools. | ||
| All this stuff you've heard. | ||
| President Trump's given the ability to do that. | ||
| This is very targeted for us to go to the jails and take out. | ||
| Look at Danbury. | ||
| When I was in prison, 10%, at least 10% of the population there are bad hombres, right, from the cartels. | ||
| 10% and really inside with American citizens who they kind of intimidate because these guys are bad hombres, right? | ||
| These are from the toughest cartels out there. | ||
| You're telling me they have not worked with ICE agents in five years, first off, and the jails will not, and these are county, local, city, and state jails, will not allow ICE agents in there to take out the bad guys and put them on a plane and get them out of here? | ||
| That's right. | ||
| They will not let them in, is what I was told. | ||
| Unbelievable. | ||
| Terry, how important is this symbolically, this kickoff in Chicago, given... | ||
| You're the railhead of sanctuary cities. | ||
| Adams has given up. | ||
| LA's given up. | ||
| San Francisco's kind of getting ready to give up. | ||
| Chicago is the railhead of all the problems of sanctuary cities. | ||
| What does it feel like having your city, your beloved Chicago, really in a standoff, or trying to be a standoff, won't be a standoff eventually, but trying to stand up and tell President Trump you cannot deport criminal illegal aliens, sir. | ||
|
unidentified
|
Yeah, it's really important, especially when Tom was here last month, he had his public meetings, but I helped arrange three private meetings with him, with big-time Democrats that will be coming out eventually, Steve. | |
| Alderman Ray Lopez, a Hispanic alderman Democrat, is trying to help him as well. | ||
| I also had individuals, senior folks from CPD, that met with him. | ||
| They're all willing to embrace him. | ||
| So we're going to hear a lot in the media about the city's going to be going crazy and stuff. | ||
| It's quite the opposite. | ||
| They control the media, as you know. | ||
| It's the people, law enforcement. | ||
| I had union members have private meetings with them to support and endorse them, and we have to try to... | ||
| Stifle all the noise and the fear mongering that's going on. | ||
| There's Fort Trendelargua in DuPage County jail right now. | ||
| They were just arrested a few days ago in the western suburbs by where I live. | ||
| One of them had a colostomy bag on him because he was wounded and shot from a crime he did in Chicago. | ||
| They're sitting right now until their next court date, February 14th. | ||
| So hopefully DuPage County, which is a red county, can find a way to collaborate with Tom and ICE to pick these guys up that are sitting. | ||
| In DuPage County Jail right this minute. | ||
| Terry, here's a question the audience has. | ||
| Does the black and Hispanic community in Chicago support President Trump's efforts to get first the low-hanging fruit, illegal alien criminals out, but then eventually to get the illegal aliens out? | ||
| Does the community, do they back Trump or do they back Mayor Johnson, the Sanctuary City guy? | ||
|
unidentified
|
The community... | |
| Yeah, the community backs Trump, right? | ||
| So I had meetings with Hispanic pastors. | ||
| Bren was in the car when I was talking. | ||
| I mean, in this neighborhood, 20 of them, and they had a translator for them. | ||
| They're upset. | ||
| It's making it difficult for their community. | ||
| And what Tom said is, I could go to Cook County Jail and just send one agent over there to pick up one individual. | ||
| If they want to play games in Chicago, which they are, this person is going to come out in the street. | ||
| I'm going to have to hunt them down, put my men at risk, put the... | ||
| The individual at risk as well as the community at risk. | ||
| So Alderman Lopez tried to make an amendment two weeks ago to the welcoming city law. | ||
| And again, a Hispanic Democrat. | ||
| He said, let's allow Chicago police officers to collaborate with ICE on the Trendelargua, the child sex traffickers. | ||
| He didn't even put spousal abuse on them. | ||
| He wanted to make it so easy for these Chicago aldermen to say, let's get rid of these criminal elements. | ||
| What did they do two weeks ago? | ||
| They said no. | ||
| They said no. | ||
| So they're doubling down. | ||
| Not just Pritzker and Johnson. | ||
| All of these liberal scumbags are doubling down. | ||
| Pritzker also made a law about a month ago that they could change their names in three months, Steve. | ||
| Three months they could change their names legally here in Illinois. | ||
| That's huge, Steve, so they can hide from ice. | ||
| Huge. | ||
| Hang on for a second. | ||
| This is going to be huge. | ||
| I'm going to get you guys throughout this next two hours. | ||
| We've got Terry Newsome, our own Ben Berquam in Chicago. | ||
| The raids have started today. | ||
| Ben just told you, ICE has not been in a jail in Chicago that are crawling with this illegal alien bad hombres that, hey, regardless if you did a crime, you're an American citizen, man. | ||
| You shouldn't have to have a foreigner up there, you know, another bad guy in your grill. | ||
| Unacceptable. | ||
| These deportations, don't think it's going to be easy. | ||
| You're going to have to dig it out, root and branch. | ||
| Next, we're going to return. | ||
| We're going to go to Davos. | ||
| We're going to talk about today a monumental historic speech by President Donald J. Trump. | ||
| He put the World Economic Forum and the globalists on notice. | ||
| There is a new sheriff in town, Captain Jim Fennell. | ||
| Our own Nora bin Laden will join us here momentarily. | ||
| We've got Philip Patrick of Birch Gold. | ||
| Times are terribly. | ||
| Don't think it's terribly. | ||
| Look at the bond market. | ||
| Leading indicator. | ||
| It's a flashing, I don't know. | ||
| Dark yellow, maybe a slight red right now. | ||
| Birchgold.com. | ||
| Don't get caught unawares. | ||
| Look at all your options, all your alternatives. | ||
| Understand it now. | ||
| Birchgold.com slash Bannon. | ||
| End of the dollar empire. | ||
| Also, you can talk to Philip Patrick and the team. | ||
| He'll be on later to talk about it. | ||
| Birchgold.com. | ||
| If you like geopolitics and capital markets, and we love it here, we've got Jim Rickards. | ||
| Hopefully if Jim doesn't go into the administration, he's going to be with us as our major contributor, RickardsWarRoom.com. | ||
| Get his newsletters, his books, all of it. | ||
| RickardsWarRoom.com. | ||
| Check it out today. | ||
| Short commercial break. | ||
| We're going to Switzerland next. | ||
| In a truly historic week in the United States, three days ago I took the oath of office and we began the golden age of America. | ||
| The recent presidential election was won by millions of votes and all seven, every one of them, all seven swing states. | ||
| It was a massive mandate from the American people like hasn't been seen in many years. | ||
| And some of the political pundits, even some of my so-called enemies, said it was the most consequential election victory in 129 years. | ||
| That's quite nice. | ||
| What the world has witnessed in the past 72 hours is nothing less than a revolution of common sense. | ||
| Our country will soon be stronger, wealthier, and more united than ever before, and the entire planet. | ||
| We'll be more peaceful and prosperous as a result of this incredible momentum and what we're doing and going to do. | ||
| In addition, I'm pleased to report that America is also a free nation once again. | ||
| On day one, I signed an executive order to stop all government censorship. | ||
| No longer will our government label the speech of our own citizens as Misinformation or disinformation, which are the favorite words of censors and those who wish to stop the free exchange of ideas and frankly progress. | ||
| We have saved free speech in America and we've saved it strongly. | ||
| I terminated the ridiculous and incredibly wasteful Green New Deal. | ||
| I call it the Green New Scam. | ||
| Withdrew from the one-sided Paris climate accord and ended the insane and costly electric vehicle mandate. | ||
| We're going to let people buy the car they want to buy. | ||
| I declared a national energy emergency, and it's so important, national energy emergency to unlock the liquid gold under our feet and pave the way for rapid approvals of new energy infrastructure. | ||
| The United States has the largest amount of oil and gas of any country on Earth, and we're going to use it. | ||
| Not only will this reduce the cost of virtually all goods and services, it'll make the United States a manufacturing superpower and the world capital of artificial intelligence and crypto. | ||
|
unidentified
|
We know that the most consequential relationship in the world is between the U.S. and China. | |
| 28% of the global economy, China close to 20. That's almost half of the global GDP. And we know that you called President Xi Jinping last Friday. | ||
| We heard that you had a good discussion. | ||
| How do you see the relationship between the U.S. and China in the next four years under your leadership? | ||
| He called me. | ||
| But I see it very good. | ||
| I think that we're going to have a very good relationship. | ||
| All we want is fairness. | ||
| We just want a level playing field. | ||
| We don't want to take advantage. | ||
| We've been having massive deficits with... | ||
| We don't have to make it phenomenal. | ||
| We have to make it a fair relationship. | ||
| Right now, it's not. | ||
| A fair relationship. | ||
| The deficit is massive, as it is with other countries, a lot of Asian countries, actually. | ||
| But we have deficits that are very big, and we can't keep doing that, so we're not going to keep doing that. | ||
| But I like President Xi very much. | ||
| I've always liked him. | ||
| We always had a very good relationship. | ||
| It was very strained with COVID coming out of Wuhan. | ||
| Obviously, that strained it. | ||
| I'm sure it strained it with a lot of people. | ||
| That strained our relationship. | ||
| But we always had a great relationship, I would say. | ||
| And we look forward to doing very well with China and getting along with China. | ||
| Hopefully China can help us stop the war with, in particular, Russia-Ukraine. | ||
| They have a great deal of power over that. | ||
| So we restore common sense in America. | ||
| We're moving quickly to bring back strength and peace and stability abroad. | ||
| I'm also going to ask all NATO nations to increase defense spending to 5% of GDP, which is what it should have been years ago. | ||
| It was only at 2%, and most nations didn't pay until I came along. | ||
| I insisted that they pay, and they did, because the United States was really paying the difference at that time, and it was unfair to the United States. | ||
| But many, many things have been unfair for many years to the United States. | ||
| Okay, I want to, because I had to cut a little different, and we decided to go with this long one at the beginning. | ||
| I've got to get to Noor, but this is all fresh about China and the defense part. | ||
| I want to go to Captain Fennell. | ||
| Captain Fennell, you've sat through a lot of these things. | ||
| You're very familiar with Davos, the players there. | ||
| Give me your overall assessment, and then I really want to focus on how he laid out the situation with NATO. Well, Steve, good to be on. | ||
| My view of this is that this speech is the moral equivalent to what Ronald Reagan did in 1983 with his Evil Empire speech. | ||
| It's different in the sense that it's Donald Trump and his way of speaking and his focus of effort. | ||
| But for moral clarity, what Donald Trump today did was he told the globalists, In Davos that, hey, we Americans are serious about governing and taking care of our people and that we're not going to allow, as President Trump said in his speech, we're going to fix the disasters of the inept people. | ||
| The inept people that have been in charge for the last four years that are responsible for the deaths of probably two million people around the world through wars in the Ukraine and disasters. | ||
| Retreats in Afghanistan and the war in the Middle East and hundreds of thousands that die every year from fentanyl because of the open border. | ||
| So what Donald Trump did today in Davos was he set the stage to say we're serious about taking care of people and we're not playing games anymore and we're not going to let inept technocrats dictate to us from their ideology of wokeness. | ||
| And so my view is that what Trump did was A moral clarity. | ||
| He took leadership and said, America is standing tall again. | ||
| And we're going to defend freedom of speech. | ||
| We're going to defend common sense. | ||
| There's only two genders. | ||
| We're going to defend respect for others. | ||
| We're going to ask people to defend themselves by paying more for their own defense. | ||
| And what Reagan did in 1983, when he gave his Evil Empire speech, is that when you talk to after the Soviet Union collapse, when we started talking to the dissidents that had been in Soviet gulads, They said those speeches from Ronald Reagan gave them hope. | ||
| And I believe that what Trump did today was he gave hope to the people in Europe and around the world and especially America, but the rest of the world where people are living under this thumb of the dictates of socialism, communism and woke ideology. | ||
| And Europe is trying to fight out of that and in Germany and in France and Italy and other places. | ||
| They're trying to get out of that, and they can't because the woke mafia is still in control. | ||
| But Trump's speech can be seen in the same light as Reagan's. | ||
| You know, I made a film off of Peter Schweitzer's book, and I want to name it because Word Indeed. | ||
| And the reason was it's a book with Peter Schweitzer. | ||
| It's called Reagan's War. | ||
| I made the film In the Face of Evil off the adapter from it. | ||
| Peter Schweitzer had gone to the KGB files when they first opened in the 90s, right, after the Berlin Wall fell. | ||
| And he was researching, and he found out as he went through the KGB, he wanted to look at America through the eyes of our enemies during that long period of the Cold War. | ||
| And Captain Fennell, he found out that in doing this research, That the politician they feared most was Ronald Reagan for many, many years. | ||
| And the reason was in their reports that Stassi did and other of their police forces doing kind of assessments, they said, this guy, because he was talking anti-communism when he was governor of California and fighting the Marxists and the neo-Marxists at Berkeley. | ||
| And they said, the reason this guy... | ||
| What scares us is that his words and his deeds are one and the same. | ||
| His words and his deeds are one and the same. | ||
| And he means what he says because he backs it up with action. | ||
| Did it help in moral clarity to have President Trump show up today having the first 72 hours of Days of Thunder were across a broad spectrum with both scale and depth? | ||
| He is hammering the administrative state, hammering the deep state, hammering the enemies of our country, sir. | ||
| Yes, he what he did today was demonstrate that he is not just somebody that doesn't know what to do. | ||
| I mean, he was president already, as we know, for four years. | ||
| And then for the last four years, he's been planning and working and preparing for this day and these days of thunder, as you've just articulated in these. | ||
| 200-plus executive orders and the action across the whole of government, to use a phrase. | ||
| And so he's done that. | ||
| And what he did is he told the folks in Europe at this elite gathering where they all have a different worldview. | ||
| He said, your worldview isn't going to change us. | ||
| We are going to stand tall and we stand opposed to you. | ||
| Now, he did it very politely. | ||
| He wasn't maybe like he was four years ago. | ||
| Or before. | ||
| He did it very politely, but he challenged them ideologically by saying what we stand for and what we're going to do is better for the world. | ||
| It's better for people. | ||
| Look at his remarks about how many people are dying in Ukraine. | ||
| He genuinely, you can feel it. | ||
| He cares that people are needlessly dying, and it's because of stupid policies from inept politicians and inept technocrats that have been in charge for 30, 40 years, and they believe in multilateralism and all of these great buzz phrases that have failed. | ||
| And he's saying, no, we're going to go back to common sense, and we're going to have this golden age of America. | ||
| And he said at one point, he said, you know, they say there is a light shining. | ||
| All across the world. | ||
| And that's very much like Reagan, you know, the city on the Shining Hill. | ||
| So Trump was putting out there to the world that we're going to be the light that shines to the world on how we should behave and how we should take care of people. | ||
| And that we really actually care more than you do. | ||
| You care about your power and you care about your Marxist ideology. | ||
| But we actually care about results and practical things that make... | ||
| Make food cheaper, make interest rates cheaper, and protect our citizens from cartel members that are, you know, terrorizing and murdering people across the country and around the world and starting wars like G. Captain, we're going to get into all that. | ||
| Norbin Lunn's with us. | ||
| Philip Patrick is with us. | ||
| Pretty intense band. | ||
| Burkham's on the streets of Chicago as ICE starts to do the raids to take the bad hombres to get them out of here. | ||
| The supply chains aren't going to change anytime soon. | ||
| Jace Medical puts you on the good side. | ||
| It gets you all your medicine today. | ||
| JaceMedical.com slash Bannon. | ||
| Get a big discount. | ||
| Don't let the Chinese Communist Party get between you and your health. | ||
| short break. | ||
|
unidentified
|
Here's your host, Stephen K. Band. | |
| Okay, welcome back. | ||
| We've got Captain Fennell and Norbin Laden are with us, and they are overseas. | ||
| They understand the kind of mentality of Davos and the globalists. | ||
| I want to bring in Philip Patrick. | ||
| Philip, first off, you saw the speech today. | ||
| It was extraordinary, because in the first couple—and Captain Fennell's right. | ||
| President Trump was very polite, but he's very firm. | ||
| Kind of matter-of-fact. | ||
| He starts off, he has this preamble. | ||
| He says, it's a revolution of common sense. | ||
| And then he pivots and says, hey, I've pulled us out of the Paris Climate Accord, which was conceived in Davos. | ||
| He then says, I'm stopping, as the Financial Times of London says today in its lead story, that I've essentially impounded $300 billion. | ||
| Of money going to Green New Deal fiasco payoffs to the elites. | ||
| He says, I've impounded that and I've totally ditched the Green, he called it the Green New Scam, to the place that created it, Davos. | ||
| Then he pivots and says, oh, by the way, I've pulled this out of the World Health Organization, of which the World Health Organization secretary, I believe, canceled or postponed their trip to Davos to make a big presentation since two-thirds of their funding said we're out. | ||
| And then he moves on to the rest of the speech. | ||
| And I'm sitting there going, oh my Lord. | ||
| This is the Klaus Schwab who groveled, groveled, groveled in his open. | ||
| Is the high priest of the cult of Davos. | ||
| Philip Patrick, your thoughts when you're sitting there watching. | ||
| As finance guys, I'm sitting there going, holy mackerel. | ||
| He just took out Davos, man, in one fell swoop, sir. | ||
| Yeah, he absolutely killed it. | ||
| By the way, it is hilarious to me that every year we get a cabal of the world's richest people flying in on private jets, staying in five-star hotels and lecturing one another about what the working class really needs. | ||
| It's ridiculous. | ||
| President Trump came and he didn't come to play. | ||
| I mean, he reaffirmed our America First agenda. | ||
| He defined our relations with international institutions, essentially saying we're tired of paying more than our fair share. | ||
| He talked about revitalizing American industry, using tariffs. | ||
| To do so. | ||
| And what I thought was smart, he didn't just use sticks, he used carrots as well, right? | ||
| He said there'd be tax credits, there'd be incentives for companies who want to onshore supply chains. | ||
| He talked about creating a pro-business, pro-growth economic environment. | ||
| And as you said, he described his deregulation program as a revolution of common sense. | ||
| I thought it was brilliant because it is. | ||
| It's common sense, right? | ||
| It's a pro-business agenda, not a pro-bureaucracy plan. | ||
| He also had what I think was a very good idea to end the Ukraine war by pressuring OPEC to lower oil prices. | ||
| That'll put a squeeze on the Russian war machine. | ||
| It's similar to how They ended sort of what led to the collapse of the USSR a little over 30 years ago. | ||
| Finally, and this is where my ears pricked up, he talked about the debt problem and basically said that once oil prices came down, he'd demand central banks around the world start lowering interest rates. | ||
| Now, that's the interesting one for me. | ||
| Obviously, we know it's not his call. | ||
| He can put pressure, but that's about it. | ||
| Here's the concern that I have, though. | ||
| I understand why he wants to do this. | ||
| At the end of the day, it's a cornerstone of a supply-side growth plan. | ||
| Limit debt service, boost the economy. | ||
| We've got to understand, taken in isolation, each one of these policies makes a ton of sense, but we can't consider them in isolation. | ||
| Since World War II, our nation has become increasingly integrated into the global economy. | ||
| It made a lot of people better off, but it also made nations dependent on one another. | ||
| Global supply chains didn't exist before World War II. Now it takes 25 nations to produce a single car. | ||
| What we're talking about here, and the words that are being used, is turning back the clock to the golden era of the United States. | ||
| But here's the problem. | ||
| Foreign creditors own 25% of our government debt. | ||
| If we include corporate and household debt, that's about $10 trillion. | ||
| We're in a position right now where we're making it less attractive for foreign investors to lend to the United States. | ||
| A friend recently said to me, you can't borrow $10 trillion from capital markets and then say, thanks, we got it from here. | ||
| There's going to be consequences. | ||
| Biggest concern here is that anything that makes the dollar less attractive on the international stage, whether it's sanctions, weaponization or inflation, and we've seen plenty of these under the Biden administration, it just incentivizes other nations, whether it's our allies. | ||
| Or adversaries to dump their dollars. | ||
| And as a nation, and I know you know this, Steve, we can only succeed if we maintain our global reserve currency status. | ||
| We've been writing checks for 80 years that haven't been cashed. | ||
| My concern is that they all get cashed at the same time. | ||
| This is, okay, what Philip just walked through, I want this audience, we're going to go over this a number of times because I want to... | ||
| To embed it in your head is essentially, this is what happens when people say deficits don't matter and debt doesn't matter. | ||
| They're lying to you. | ||
| Okay? | ||
| This is why modern monetary theory. | ||
| We need to get up to speed on this because you need to understand how dangerous this idea was and how it was embraced. | ||
| Birchgold.com slash Bannon, end of the dollar empire. | ||
| Read all the free installments, but read the last. | ||
| First, you need to understand modern monetary theory that came out of the kind of radical academia of France and then went right to Davos and they got spread just like they're, you know, build back better. | ||
| Why is this dangerous? | ||
| Philip Packer just told you, and I keep saying, the more debt you get every year, the easy answers get away from us and the range of alternatives for any policymaker and for President Trump, narrow, narrow, narrow. | ||
| His point is, hey... | ||
| You can't even be too tough right now, and particularly tough on this renaissance of American manufacturing, bringing your soybeans back, because 25% of your total debt is owned by foreign entities. | ||
| And you don't have the capacity right now, because you're kind of barred to the hilt. | ||
| You really don't have the capacity. | ||
| You have to... | ||
| We know right now in refinancing the $36 trillion of debt, he has already scheduled $7 trillion of refinancing. | ||
| $7 trillion has to be sold in this year. | ||
| And you're going to need, you know, unless you want the Federal Reserve picking it up and blowing up the balance sheet of the Federal Reserve, it's going to have to be bought by somebody. | ||
| A big portion of that's going to be foreigners. | ||
| And with China not really having, sitting on the bid like they used to, because they don't, they have the capacity. | ||
| You've got a problem already that you're kind of limited in your range of activities. | ||
| Let me go back. | ||
| This is why what Phillips said is that Besant and Trump's theory of the case is this the last shot we have to have a supply-side, pro-growth, grow-your-way-out-of-an-agenda. | ||
| And that's why the tax cuts are central. | ||
| This is why Scott Besant said if we don't renew the tax... | ||
| You're going to have a $4 trillion tax increase, which will be catastrophic. | ||
| This also gets to the point of why I am telling Elon, as much as we disagree on so much, the one thing we totally agree on is the deconstruction of the administrative state and the getting it down the size we can pay for it. | ||
| His trillion dollars of cuts that he's kind of promised, we need to see if that's reality or fantasy. | ||
| Because right now CBO says it's $2 trillion deficit this year. | ||
| The Freedom Caucus, who are the biggest hawks, Andy Biggs, the biggest budget hawk out there, they're laying a deal for President Trump, said, hey, we'll lift, and these are the hawks of the hawks, they're saying, we'll lift the debt ceiling for two years and give you $4 trillion capacity. | ||
| That means that they've even bought into the fact it's $2 trillion. | ||
| And $2 trillion, I'm saying, yo, that's a bad sign. | ||
| That means it's not sustainable. | ||
| That's what we need, Elon. | ||
| All this stuff is inextricably linked, but what it shows you is that President Trump put him on notice today that, hey, I'm an economic nationalist. | ||
| Yes, we're part of a global system, but this is about America, and in fact, you can get through the golden door, too. | ||
| And your tariffs and your fees and duties will be less if you actually make it in the United States of America. | ||
| But number one, I've got to cut energy costs, and I'm going to cut them radically. | ||
| And I'm telling the Saudis I want them to go along with me to cut it because that's the predicate to any industrial nation's renaissance. | ||
| And number two, and by the way, I've got Dave Walsh in the second hour to go through that. | ||
| And number two, the Federal Reserve is going to have to play ball with me because I want to lower interest rates. | ||
| Because to get an American Renaissance, I essentially need to have access to money that's not that cheap. | ||
| The bond market right now, and God bless the Federal Reserve, but President Trump may be talking to the wrong audience. | ||
| The global bond market's saying, hey, talk to Fed all you want, but we need a higher price to buy government security. | ||
| Is it not? | ||
| That's where you see the 10-year bonds. | ||
| That's where you see these bond prices going up, and they've been going up for a while because they don't actually believe we can pull this together. | ||
| There are recalcitrants, a group of Democrats, and a business community that may not be totally on our side. | ||
| Thoughts, Philip Patrick? | ||
| I mean, it's absolutely correct. | ||
| The 10-year Treasury is up, it's now 4.64%. | ||
| It's up 90 basis points since September. | ||
| In that same time period, the Fed has lowered 100 basis points. | ||
| So even though... | ||
| Headline interest rates coming down, borrowing rates are going up. | ||
| Why? | ||
| Because demand for U.S. debt is waning. | ||
| When demand wanes, we have to make it more attractive by raising interest rates. | ||
| And that's the problem, right? | ||
| Trump needs time to grow the economy. | ||
| The question is, will the international bond markets give them the time that they need? | ||
| The more we continue to amass deficits, the more we look like a bad investment. | ||
| The second the world starts to look for other alternatives, we're in. | ||
| So, President Trump's up against the clock. | ||
| Like I said, piece by piece by piece, this is the strongest economic plan I've seen in years. | ||
| Will he be given the rope and the time to pull it off? | ||
| That's the big question. | ||
| Let me ask you, why now do people need to learn more about, look, we've got the modern monetary theory. | ||
| So the macro we've got covered, people understand it. | ||
| Why do they need to look at, why is now a time that people should get smart with you guys about precious metals? | ||
| What is it about gold and precious metals that particularly for a time like this makes it a perfect hedge? | ||
| Well, listen, if President Trump pulls this off, this will be the greatest scapegoat. | ||
| No nation has ever come back from a position like this. | ||
|
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Ever. | |
| So first of all, that's the context of what we're talking about. | ||
| But look at the problems. | ||
| We're talking about global debt. | ||
| We're talking about devaluation of currency. | ||
| We're talking about rising prices across the board. | ||
| This is a climate that precious metals grow in. | ||
| Even under Trump's first term, gold grew 53 percent relative to a Dow Jones at 57. We didn't have any of the problems we have today. | ||
| So I think there isn't a better place. | ||
| For the short to medium term, to have at least a portion of one's wealth. | ||
| Look, I am hoping and praying that President Trump pulls it off, but I have a hedge in place in case he doesn't. | ||
| Central banks around the world have a hedge in place in case he doesn't, and I think individuals here have to do the same. | ||
| So where do they go? | ||
| Where do people go today to talk to you and your team of experts? | ||
| Really simple. | ||
| Birchgold.com forward slash Bannon. | ||
| Birchgold.com forward slash Bannon. | ||
| You can also text Bannon to 989898. That'll get them access to all the free information, reports on how and why to buy gold, the end of the dollar empire series, and a report specifically on why to buy gold under a Trump administration. | ||
| So lots of free information. | ||
| Everyone should immerse themselves and go from there. | ||
| Immerse yourself in information. | ||
| Now, more than ever. | ||
| And all the information, all of it, is absolutely free. | ||
| Philip Patrick, love you guys. | ||
| Social media, Philip. | ||
| I know you put stuff up all the time. | ||
| Where do people go? | ||
| At Philip Patrick on Getter. | ||
| At Philip Patrick Getter. | ||
| Philip Patrick, thank you very much from Birch Gold. | ||
| Check it out. | ||
| Unbelievable. | ||
| Unbelievable what President Trump did in Davos. | ||
| They laid out an economic plan of that. | ||
| He says, I'm an economic nationalist. | ||
| We're part of a global system, but here's what we're going to do. | ||
| Bang, bang, bang. | ||
| Talked about the Ukraine. | ||
| Talked about the war, the beginning parts of the Third World War. | ||
| I think put the Chinese Communist Party on notice by being a gentleman about it. | ||
| Captain Fennell is absolutely correct. | ||
| He said this in kind of a kind way or matter-of-fact way. | ||
| Didn't really get angry. | ||
| Just kind of walked through the way things are, like a new boss or a new sheriff. | ||
| Pretty impressive. | ||
| Let's make sure we go to Field of Greens. | ||
| You've got to be healthy. | ||
| Get 100% the natural ingredients in Field of Greens. | ||
| No powders. | ||
| Nothing artificial like the guys that advertise all the time on the big networks. | ||
| Fieldofgreens.com slash Bannon. | ||
| Check it out. | ||
|
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Let's take down the sea. | |
| War Room. | ||
| Here's your host, Stephen K. Vance. | ||
| So, Nora, this was historical what happened today, putting the globalists on notice. | ||
| The globalists have done so much damage to our own country, but also mankind. | ||
| Today you were calling them occult, neo-pagans. | ||
| How did you view, given you've been in that room so many times, you know all these players. | ||
| When President Trump came in by video and you saw Klaus Schwab groveling. | ||
| And this is, remember, we played the clip earlier where they thought Trump was dead. | ||
| That was Graham Allison saying Trump was dead. | ||
| Trump was finished. | ||
| He would never return. | ||
| They were mocking and belittling him for years. | ||
| Tell me your thoughts today when you saw President Trump's return. | ||
| Listen, the speech President Trump gave was absolutely superb. | ||
| But beyond his remarks, there is something that I think we should not miss here, which is the optics. | ||
| And more specifically, the aesthetics and the contrast of the aesthetics between, on one hand, you had President Trump showcasing the beauty and the richness of the American iconography, the warmth of the color palette he chose, this majestic setup, you know, with the backdrop. | ||
| And it perfectly symbolizes this golden age and the American Renaissance. | ||
| And on the other hand, you have the cold, sterile, bland and ugly brand of the World Economic Forum, of the globalists. | ||
| Their aesthetics is absolutely representative of their anti-human agenda, of their trans-techno so-called intelligent age, and very much emblematic of the post-World War II era in which we find ourselves. | ||
| And so I thought that that contrast was very, very present and very stark. | ||
| At least it stood out very strongly to me. | ||
|
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Unbelievable. | |
| How did you think it was responding? | ||
| Were you shocked to see Klaus Schwab groveling at the beginning and kind of the softball questions and the applause? | ||
| He was ripping World Health Organization out. | ||
| Paris climate change, Green New Deal, called a Green New Scam. | ||
| And they're saying they're applauding. | ||
| Your thoughts? | ||
| Listen, President Trump commands respect. | ||
| He is a very strong figure, has always been. | ||
| Even when they were mocking him back in 2015, back in 2016, they had to be faced with the reality that this man has a charisma that... | ||
| Is unmatched. | ||
| And we've never seen this, I think, in the history, certainly not in the 20th century. | ||
| He is one of these figures that will stand out in history. | ||
| And you have to admire his strength. | ||
| And they have no choice but to contend with the reality that President Trump is this strong character, was given this. | ||
| Absolutely unequivocal mandate by the American people. | ||
| And now they have to come to terms with that. | ||
| And as I've said on the show, I think it was yesterday, they've had, you know, since the 5th of November, to prepare psychologically to January 20th. | ||
| And I think, you know, he warned them. | ||
| He warned them that he would be taking action from day one by the end of sundown on day one. | ||
| And it's been the case. | ||
| Bringing comments all in particular on the iconography. | ||
| It was just amazing, Nora, that you were able to pick that up and share it with the audience. | ||
| Where do you go for social media, ma'am? | ||
| Where do they go to find you about all your commentary on all things against the technocracy? | ||
| My substack is norbanladen.substack.com and my ex is norbanladen. | ||
| And thank you so much for having me on, Steve. | ||
| It's always a pleasure to be with you, the team, and the war room posse, of course. | ||
| Great coverage, ma'am. | ||
| Thank you for standing out in the freezing cold of Davos now that you're back in warm and staying up so late at night every night. | ||
| We appreciate you. | ||
| Thank you so much. | ||
| She always does the best of Davos. | ||
| Captain Fennell is going to stick with me because I've got some specifics about... | ||
| President Trump demanded 5% of GDP and got into it a little bit with the CCP. We're going to drill down more on that. | ||
| Somebody that was there with us for the entire first time, Catherine O'Neill, you're on the campaign, you're in the White House, you're at the State Department, back at the White House in the 2020 campaign. | ||
| You know President Trump. | ||
| I know you're very proud. | ||
| You made a conscious decision to be part of this young pack of entrepreneurs that are setting up a patriot economy. | ||
| You were back for the inauguration. | ||
| I was glad to see you. | ||
| You're obviously very dialed in at the highest levels. | ||
| But tell me about Meriwether Farms. | ||
| Tell me about your new life in building, being one of these entrepreneurs or taking President Trump's call in building a new economy for a new golden age. | ||
| Thanks so much, Stephen. | ||
| It was great to see you briefly this past weekend. | ||
| I am feeling a little under the weather because there were so many events that I attended on behalf of. | ||
| The new president, who I'm so excited to see. | ||
| In fact, it's a little surreal seeing him give press conferences, but I'm so happy that he's back. | ||
| But, you know, I did, like you said, I was there from the beginning and I served five years. | ||
| President Trump. | ||
| And then I decided to move back out west and start this business because I believe that there needs to be a strong network of businesses on the outside supporting President Trump and enacting his agenda of promoting American manufacturing, American jobs. | ||
| We support... | ||
| Great Americans who work for us. | ||
| We don't use any sort of weird H-1B or H-2A visas. | ||
| We only hire Americans, unlike a lot of other agricultural companies. | ||
| So we're just here on the outside supporting his agenda. | ||
| Tell me about specials you got for us. | ||
| People would love your beef. | ||
| They want to participate. | ||
| How do they do it? | ||
| Yeah, absolutely. | ||
| So go to meriwetherfarms.com. | ||
| As you see on the screen now, use code word WARROOM for 10% off site-wide. | ||
| We have some other deals going on. | ||
| If you go to our site, you can see them. | ||
| But, you know, the War Room Posse was with us from the beginning, and we want to make sure that we will always take care of you guys because you guys are really the reason why we're so successful right now. | ||
| You know, Natalie Winters is down hard. | ||
| Alexander Preet's down hard. | ||
| Catherine O'Neill's down hard. | ||
| I don't know if it's too much partying or too much cold out in the cold. | ||
| Catherine, you get better. | ||
| I'm used to the cold, Steve. | ||
| I'm used to the cold. | ||
| The cold wasn't it. | ||
| It was just the non-stop, you know, party to party to party. | ||
| We'll get better. | ||
|
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I gotta just eat some beef. | |
| Eat some beef. | ||
| God bless you, girl. | ||
| Merryweatherfarms.com. | ||
| It's the Patriots. | ||
| No H-1B visas. | ||
| No H-2B visas. | ||
| Nothing. | ||
| No bad stuff in it. | ||
| Catherine's taking this. | ||
| She's done it great. | ||
| Company's exploding. | ||
|
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We're proud to be partners with them. | |
| The Right Stuff, Philip Kaufman's classic masterpiece about the Mercury astronauts. | ||
| Based off the masterpiece by Tom Wolfe, the book. | ||
| The right stuff. | ||
| Donald Trump has it, showed it today in spades. |
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