March 11, 2025 - Bannon's War Room
48:51
Participants
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| Speaker | Time | Text |
|---|---|---|
| This is the primal scream of a dying regime. | ||
|
unidentified
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Pray for our enemies. | |
| Because we're going medieval on these people. | ||
| I got a free shot at all these networks lying about the people. | ||
| The people have had a belly full of it. | ||
| I know you don't like hearing that. | ||
| I know you try 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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MAGA 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. | ||
| War Room. | ||
|
unidentified
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Here's your host, Stephen K. Bannon. | |
| Tuesday, 11 March, year of our Lord, 2025. Let's go back to the border. | ||
| Todd Benson, we talk about the striker coming down there that can't possibly be to secure what we're looking at, Todd. | ||
| Border Patrol's doing a great job. | ||
| President Trump's focused. | ||
| Isn't that pre-positioning combat brigades to get ready to go to the kinetic part of taking down the cartel, sir? | ||
|
unidentified
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Well, I think that there's going to be 14 of them that come to this area, and I think there's a bunch that they're putting up in Arizona, too. | |
| I don't think that it's a coincidence that there are... | ||
| Selecting areas where just across right over here on this side are La Linea Cartel or Sinaloa Cartel in Arizona that are under immense pressure from the Trump administration over fentanyl and other drugs that they're bringing in. | ||
| So they're gonna lash out at some point. | ||
| And I think having a bunch of those eight-wheeler tanks with bristling with machine guns doesn't hurt. | ||
| As a disincentive to those cartels that might try to come over here and do something. | ||
| That's number one. | ||
| And number two is, they're deputizing a lot of the military guys over here to be able to detain immigrants and detain smugglers and detain cartel people as well. | ||
| And you gotta have people who are gunned up for that. | ||
| So we'll see what else they use. | ||
| I don't know whether the administration is going to want to do any sort of incursions into Mexico. | ||
| That's a huge deal if they cross the border with those, but it just depends on what the cartels do, I suppose. | ||
| I mean, if they come in here and start killing Border Patrol or bombing them with... | ||
| They're going straight back. | ||
| They're here for that. | ||
| I don't know if they're going to strike in the United States, but they're going to definitely strike in northern Mexico's civilian population. | ||
| It's going to be nasty. | ||
| I think Trump with the Mexican Marines, and you saw the great speech that the president of Mexico gave the other day, full cooperation. | ||
| I think you're going to see him get it on. | ||
| One last thing. | ||
| The $170 billion for mass deportations, I guess you're down there. | ||
| Is there no logistics actually set up of what we have? | ||
| Because a lot of people are saying, hey, I know they're doing the criminals, but even that's kind of slowed down. | ||
| We know Holman's working on this, but he may need this additional cash. | ||
| In this CR, they do actually free up a little bit of cash to start to address this problem. | ||
| I mean, what's your sense when you talk to people? | ||
| Is the mass deportations, the operator where they're being mass, still held up because we just don't have the money for the logistics chain? | ||
|
unidentified
|
Well, I just want to point out that there is a big difference between detaining people down here on the border for their quick expulsions and actual deportation proceedings. | |
| It's a legal process in the interior, Chicago, New York, the interior, the coasts. | ||
| And that's what the money is really needed for more than anything is for detention facilities there so that we don't have to transport people. | ||
| Far distances to get into the big soft-sided facilities that are down here. | ||
| And also for personnel. | ||
| We had 6,000 ICE agents that do their ERO that do arrests on the interior. | ||
| And over the Biden administration, that reduced by about 500 or 800. They've got to put more on for bad morale. | ||
| They had terrible morale. | ||
| We gotta hire more. | ||
| We gotta have air assets to be able to. | ||
| We gotta have airplanes. | ||
| We gotta have fuel for the planes to ship people home. | ||
| There's a lot to do in the interior that's different than what we do at the border. | ||
| At the border, it's quick expulsions, quick detentions. | ||
| You're going home. | ||
| We're putting you over the bridge. | ||
| We're putting you on aircraft. | ||
| And by the way, when they do put them back to Mexico, they don't just put them back over the bridge. | ||
| They'll transport them to a different state, like California, and deposit them over. | ||
| There was a collateral expulsion so that they can't just come right back across. | ||
| They have to travel all the way home to get their smugglers there. | ||
| And they're also shipping them back to their home countries by air from places like Fort Bliss, which is right over here. | ||
| I'm hoping to get an opportunity to watch one of those flights leave. | ||
| It'll be a military aircraft to Guantanamo Bay. | ||
| They're flying them out of here as well to Cuba. | ||
| So there's a lot going on, but they're different. | ||
| They're different. | ||
| Todd, we're going to be checking in every day with you on this journey. | ||
| Where do people go to get your writings and to find out, you know, following social media as you go down and do a checking for all of us? | ||
|
unidentified
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Yeah, it's Benzman Todd on X. | |
| I've got two good videos I just put up this morning showing you that crappy wall that Biden left everybody. | ||
| It's got to be replaced. | ||
| And the trackless sand of the area that is famous for runners. | ||
| There's nothing but rabbit tracks under those holes in the wall now. | ||
| So you can go see all my stuff there. | ||
| And also, one last thing. | ||
| I just put up a piece in The Federalist today about Venezuela teetering on their agreement to accept our deportations. | ||
| I'd encourage people to go read my piece on that. | ||
| We'll break that down tomorrow with you, Todd. | ||
| It's very important because you're getting agreements with these nations to take them back. | ||
| I want to make sure they live up to it. | ||
| Todd Bensman, thank you very much, brother. | ||
| Great job. | ||
| Be safe. | ||
| Take care. | ||
| El Paso Juarez. | ||
| In Juarez, many bad hombres. | ||
| Dave Brat. | ||
| I was going to give you a cold open on Johnson, but I'm going to hold that. | ||
| Johnson just said, with JD and the team, that we've got the votes for this 4 o'clock in the afternoon vote on the CR. Mark it right now. | ||
| Dow Jones Industrial down 600. Dave Brat. | ||
| You know, we've got to stay the course here. | ||
| This is not just about tariffs. | ||
| They're running around, oh, tariffs, tariffs, tariffs. | ||
| But I have said over the weekend of working, guys, we've got to go on offense on the message economically. | ||
| First off, the E.J. and Tony analysis, how bad it was, what he inherited. | ||
| And number two, really working through what this plan is. | ||
| And I think Charlie Gasparino and you do a great job. | ||
| So take it away. | ||
| Tell me what President Trump's trying to accomplish, because right now the market's in turmoil, sir. | ||
| Yeah, no, that's right. | ||
| Well, all the Nobel laureates say the market is overvalued by 30% in the first place, right? | ||
| It's been juiced up by the government spending high. | ||
| And so the correction was inevitable. | ||
| We've been calling in for it for four years, right? | ||
| But the government kept spending and the Federal Reserve kept printing money. | ||
| So what's President Trump going to do about it? | ||
| Well, he has to return this economy. | ||
| Back to the economy. | ||
| Focus on the real economy, as Gasparino says in his piece today, not the stock market. | ||
| What causes productivity, which is basically the economy? | ||
| Productivity is the next best word you can use. | ||
| Three things cause productivity. | ||
| Capital, human capital, and technological growth. | ||
| Right now, China has $100 trillion in capital in the hands of their workers. | ||
| The United States of America only has $70 trillion worth of capital. | ||
| President Trump is putting tariffs to try to restore some semblance of fairness, reciprocal tariffs. | ||
| Fairness, a level playing field against the countries who are cheating on us. | ||
| And I just want to put up a few charts because the press is all screaming, the sky is falling, they're just making up stuff that all these, you know, variables that are down are due to President Trump. | ||
| We've been reporting on all these for four years. | ||
| So the first chart... | ||
| Denver, if you want to pop that up, this is a return to your macroeconomics course. | ||
| Get at your number two pencils. | ||
| And that little purple thing right there is imports. | ||
| That's your traded part. | ||
| The whole pie you're looking at is the economy. | ||
| The purple part is imports and trade, about 14% of the economy. | ||
| Some people may be surprised how small that is. | ||
| Okay, then go to the next chart, Denver. | ||
| Then look at the big three, Mexico, Canada, China. | ||
| If you look at those numbers, these are the percent of imports. | ||
| So Mexico, 15. Canada, 13 in the middle there. | ||
| China, 13 percent of imports, not of the economy, right? | ||
| So 13 percent of imports, which were 14 percent, is about 1.8 percent of GDP. It's getting smaller. | ||
| Then the press, the Financial Times, had a piece the other day, you know, Trump's causing a recession. | ||
| And they misrepresented everything, of course. | ||
| I was going to go line by line through part of that article. | ||
| But the bottom line there is, they say, you know, not all the goods you're looking at there from Mexico, Canada, and China are going to be tariffed. | ||
| The Financial Times said, well, there's an unauthorized White House spokesman who leaked that 40% of the goods are going to be tariffed. | ||
| But then they print some real names. | ||
| The Peterson Institute, which has got a very good reputation, says only 15% of the goods from Canada, Mexico are going to be tariffed. | ||
| And then a William Jackson capital economics private sector firm says only 10%. | ||
| So that gets you from 1.8% of GDP. Take one-tenth of that, and you're at 0.18% of GDP. So the sky is not falling. | ||
| These numbers are way smaller than people may realize. | ||
| And so I just want to contrast that. | ||
| But hang on. | ||
| I don't want to say, oh... | ||
| The tariffs program is having dramatic effect. | ||
| And this is the reason that you have Apple putting $500 billion in advanced manufacturing. | ||
| Taiwan Semiconductor, $100 billion in four years. | ||
| You've got Honda. | ||
| Last night, Siemens, a German company, announced a $10 billion advanced manufacturing facility they're going to build here. | ||
| A number of facilities they're going to bring here for $10 billion with a lot of high-value-added manufacturing jobs. | ||
| Also in Canada, in the war room engine room, blows me up every time I say tariffs now when they don't say reciprocal tariffs. | ||
| The reciprocity in Canada, and we love the Canadians. | ||
| We love them, okay? | ||
| We love the Canadians. | ||
| But they have been, they are tough hombres behind that nice front porch. | ||
| They're brutal. | ||
| They've been ripping us off for years on their tariffs, right? | ||
| And this is Trump responding. | ||
| Because what he's saying is, I'm going to get a level playing field for American manufacturing. | ||
| And by saying that, he says, I'm going to get a level playing field for American workers. | ||
| Dave Brett. | ||
| Yeah, no, that's absolutely right. | ||
| And I just want to contrast this Sky is Falling thing with a reportage from the mainstream media. | ||
| Back in 2022, just Google, go Google, New York Times and inflation. | ||
| And boy, were they friendly to Biden on a 20%... | ||
| Increase in prices over four years, right? | ||
| A 20% increase in the price level. | ||
| There's nothing near that level when we're talking about tariffs and the Trump policies. | ||
| What did the New York Times say in quotes? | ||
| Republicans try to pin the blame on the Biden administration for rising costs. | ||
| Food prices jumped, driven by markups at the grocery store. | ||
| The surge in gas prices accounted for over half of this. | ||
| Biden will allow summertime sales of higher ethanol gas. | ||
| This is their cheerleading for the Biden administration. | ||
| And so, in quotes, but the news was not uniformly bad. | ||
| There's a few hopeful signs. | ||
| Psaki blamed it on Russia. | ||
| And I got a couple of charts to even show the depth of this. | ||
| But hang on, hang on. | ||
| I'm going to get all that. | ||
| But give me, you got 60 seconds to tell me. | ||
| The federal spending part of this, because I've got Tax Network USA coming on here in a moment to say how the IRS is coming for your money. | ||
| Charlie Gasparino hits it, what we say on the show. | ||
| This is a Keynesian, you know, it's Keynesian on acid, right? | ||
| That we are addicted to federal spending. | ||
| If you cut the federal spending out of Biden's budget, you've got negative growth, severe negative growth. | ||
| What President Trump's trying to do, in fact, Brad, hang on. | ||
| I'll steal the soapbox here. | ||
| What Trump's saying is quite simple. | ||
| You can't continue to juice the economy by spending money we don't have and printing it and selling these bonds that we'll never pay back with these interest rates that we can barely meet the interest payments. | ||
| And now the interest is crowding out capital from productive enterprises and productive entities. | ||
| This is the Gordian knot that President Trump is trying to cut. | ||
| And it has to be cut. | ||
| We're going to be paupers. | ||
| Not just future generations now. | ||
| This is about the consumer being overwhelmed right now. | ||
| All the new reporting we've been talking about forever. | ||
| You can't make it, so what you have to do is bridge it with a credit card every month. | ||
| It's insanity. | ||
| It's financial and fiscal suicide. | ||
| That's what President Trump is trying to lance the boil. | ||
| This takes courage and bravery to stand in the breach here. | ||
| In this market turmoil. | ||
| The IRS needs to find revenue everywhere, including that letter that's in your desk from them. | ||
| Cameron Kinsey from Tax Network USA going to tell you what to do about it next in the War Room. | ||
|
unidentified
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Okay, the markets are rocking and rolling. | |
| Brad's going to join me back here in a moment. | ||
| We're going to go through it again so everybody can understand exactly what President Trump is accomplishing, not trying to accomplish. | ||
| Tom Tiffany, a congressman from Wisconsin, one of our favorites here. | ||
| He's going to join us in a moment to talk about the CR in Wisconsin. | ||
| He's not in a kayak in the Darien Gap. | ||
| First time I think we've seen him, but he's not out in the field. | ||
| And we're going to go later. | ||
| The Catholics are in an uproar. | ||
| They're going to start suing the bishops, and they're having a big rally at the Basilica in Washington, D.C. today. | ||
| Kevin Posobiec is going to be there, and we're going to go to Kevin live. | ||
| First off, Cameron Kinsey was in the Office of Personnel in the White House working for Johnny McEntee, one of the best. | ||
| Cameron, you're now working for an advisor to Tax Network. | ||
| People are very concerned about this. | ||
| Tell people, if they get that letter from the IRS, if they put it in the drawer, does that solve the problem, ma'am? | ||
|
unidentified
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Absolutely not. | |
| If I can give you one piece of advice, do not avoid these letters. | ||
| And also, don't think that other Americans aren't going through this as well. | ||
| We saw, you know, under Biden's reckless $80 billion to the IRS, the expansion efforts, we saw an army of new agents unleashed. | ||
| They were targeting small business owners, middle class families, everyday Americans. | ||
| And now, as we're taking our country back, and President Trump is really leading that force with the hiring freeze and getting rid of these agents, And reversing this overreach. | ||
| The IRS machine is still in motion right now. | ||
| Unfortunately, they're not just going after billionaires. | ||
| They're going against hardworking Americans. | ||
| So at Tax Network USA, we offer a variety of tax relief options just designed to protect you against this overreach. | ||
| This includes installment agreements, offers in compromise, penalty abatement, currently not collectible status. | ||
| If you're dealing with joint liabilities, we also provide innocent spouse relief. | ||
| And basically at Tax Network USA, we have a We have a team of CPAs, enrolled agents, tax attorneys who are really just dedicated into helping you. | ||
| We basically act as a liaison between you and the IRS so you're not waiting on hold for hours at a time because I know everybody loves to do that, right? | ||
| We have connections with these IRS agents as well to streamline this process. | ||
| We specialize in stopping IRS harassment, reducing tax debt, keeping the government's hands out of your wallet. | ||
| I think we're all on the same side here. | ||
| So I want people to feel comfortable watching today. | ||
| You know, whether you're dealing with a massive tax bill, an audit, a wage garnishment, we have a proven track record of winning. | ||
| You know, we just helped a business owner drowning in $300,000 tax debt. | ||
| The IRS was about to shut him down. | ||
| We stepped in. | ||
| We negotiated an offer in compromise. | ||
| He settled for just over $20,000. | ||
| So another client, a single mom, had her wages garnished over a tax bill she didn't even know that she owed. | ||
| We got the garnishment release and slashed her debt. | ||
| So this is what we do. | ||
| We protect hardworking Americans against IRS overreach and get them the best possible outcome. | ||
| So if you have one of those letters in the mail and you've ignored it for a long time and, you know, April is coming up, if you're facing IRS issues, I just recommend you to not wait because the IRS won't stop. | ||
| So if you need help, you can go over to TNUSA.com slash Bannon or you can call us and talk to one of our team members directly at 1-800-9500. | ||
| 1-0-0-0 and we'll take care of you. | ||
| You're amazing. | ||
| I want to thank you. | ||
| I want to everybody to go check out Tax Network USA today. | ||
| Get ahead of this problem. | ||
| Drop your anxiety. | ||
| Go do it today. | ||
| And Cameron, you need to be back. | ||
| You need to be back helping the team in the White House get more great people there. | ||
| Tax Network USA will let you do it. | ||
| Thank you so much, ma'am. | ||
| You're a superstar. | ||
|
unidentified
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Thank you so much, Steve. | |
| That personnel department under Johnny Mack was great. | ||
| It's fantastic under Sergio Gore. | ||
| They are grinding. | ||
| I think they have 2,200 of the 3,000, which is incredible. | ||
| Congressman Tom Tiffany from Wisconsin. | ||
| Congressman Tiffany is one of the few brave souls that would actually go down to the Darien Gap. | ||
| So first off, how do you feel about President Trump? | ||
| We just had Benzman down in El Paso. | ||
| Give me your assessment, sitting in the House, of how you think the administration is doing. | ||
| On sealing the border, starting the deportations, and taking it to the cartel, sir? | ||
|
unidentified
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I've just stepped out of a federal lands hearing where I chair that committee, Steve. | |
| And I'll share you what a sheriff down in Texas, as well as a border patrol, one of the executives just said. | ||
| They said it is night and day, 2024 to 2025. Just since January 20th, they said the border is largely sealed. | ||
| They're giving it to us firsthand, Steve. | ||
| Wow. | ||
| And I tell you, Congressman, it was because of your bravery and others like Todd Bensman, Oscar Blue Ramirez, Ben Burquam, the Real America's Voice team, that it happened. | ||
| John Solomon got me some polling a little while ago. | ||
| 55% of Americans want this CR passed, government to stay open and get things done. | ||
| I think 69% or 70% of Republicans. | ||
| Where do we stand the CR, sir? | ||
|
unidentified
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I think it gets done. | |
| You know, we can only give up a couple votes. | ||
| We had the vice president appear at our conference this morning and urge us to pass it. | ||
| I mean, you got somebody like Russ Vogt, and I have a lot of trust in Russ Vogt, that the president... | ||
| Put him as the head of OMB. He was one of the nominees that I was cheering for the most. | ||
| I mean, I was cheering for all of them. | ||
| We wanted all to pass. | ||
| But Russ is one of them because he legitimately is going to go after the fraud, abuse, the waste that is going on. | ||
| And so I'm hopeful that the CR is going to pass here. | ||
| Let's move on to the next step of then doing the reconciliation and getting rid of some of this wasteful spending that's going on. | ||
| Do your constituents in Wisconsin, are they telling you, hey, Tom, we really want to cut federal spending? | ||
| We're serious about this? | ||
| I mean, are you getting a lot of backup from those folks? | ||
|
unidentified
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Oh, they're excited. | |
| I just did seven town halls a month ago, in-person town halls, by the way, and people were just jazzed. | ||
| And I said to people last fall during the campaign when Trump was rolling out all these different initiatives, the one I was most excited about, Was Doge and going after just this wasteful spending that's going on, people are absolutely jazzed to know that somebody is finally tackling this problem we have. | ||
| Because, you know, they didn't know exactly what it was, Steve, but they knew the swamp was wide and deep out here, and they knew their money was being wasted. | ||
| They just didn't know how. | ||
| They now know, and they are so excited something might be done about it. | ||
| Awesome. | ||
| Okay, on April 1st, there's a massively important election in your beloved state. | ||
| Tell us about it, and what can the Warren Posse do, sir? | ||
|
unidentified
|
Yes, Steve, thank you so much for bringing this up. | |
| And those people that are watching in Wisconsin, or if you have connections in Wisconsin, you've got to tell your friends and relatives about this. | ||
| It is a state Supreme Court race, and it will decide on a seven-member court whether it will be liberal or conservative. | ||
| We're going to decide with that election, will photo IDs stay in place? | ||
| Will ballot drop boxes be allowed? | ||
| Because the liberal will allow those things. | ||
| If you care about the Second Amendment, you should care about this. | ||
| Because I was there, voted for it, and passed it a decade ago in our state legislature. | ||
| It could go away. | ||
| They want to redistrict Wisconsin federally. | ||
| We're currently 6'2", Republican, Democrat. | ||
| They want to take away two seats from the Republicans. | ||
| And the liberal candidate said the quiet part out loud a month ago, where this is all about redistricting to be able to get at President Trump, take two seats away. | ||
| We know every seat's precious in the House at this point, right? | ||
| Congressman, you're actually saying if we were to lose this theoretically, This may have the balance of the House and the possibility of Hakeem Jeffries, because what they're going to do, folks, is impeach President Trump the first week they're back. | ||
| So you're saying the balance of power here may actually reside in this vote on April 1st in Wisconsin? | ||
| Is that what you're telling us? | ||
|
unidentified
|
Yeah, that is exactly right. | |
| A lowly state Supreme Court race, like in Wisconsin, could decide the balance of power because they have said it on the other side, Steve. | ||
| Why is George Soros in on this? | ||
| Why is Governor Pritzker in on this? | ||
| Because it's a national play on their part. | ||
| And if they can gain the... | ||
| The majority on the court. | ||
| They pull the federal maps in and say, we're going to rewrite them because we believe they're gerrymandered or whatever other excuse they could come up with. | ||
| And then they will do the redistricting themselves. | ||
| The court will do the redistricting. | ||
| And we are almost assured of losing two seats in Wisconsin. | ||
| Congressman Tiffany, where do people go to find out more about you personally, and particularly all your focus on the southern border and stopping this invasion, and where do they go to find out about this all-important, essentially national election on April 1st for the Chief Justice of the Supreme Court of Wisconsin? | ||
| Where do they go, sir? | ||
|
unidentified
|
You can always follow me at Rep Tiffany. | |
| The candidate in this race that people should be supporting is Brad Schimmel. | ||
| Schimmel for justice. | ||
| That's where they should go to find information in regards to this race. | ||
| And they've got to make sure and tell their friends and relatives, get out and vote. | ||
| This is a big election for state Supreme Court in Wisconsin. | ||
| Congressman, thank you so much. | ||
| The Warren Posse is on it and we'll get more on it. | ||
| So thank you, sir. | ||
|
unidentified
|
Always great to join you, Steve. | |
| Have a great day. | ||
| Thank you, sir. | ||
| That was a guy that went down and put it in harm's way, hey, when the Darien Gap was very, very, very dicey. | ||
| He said he wanted to do it. | ||
| Had great reports down there. | ||
| Those are the folks that helped turn this thing around. | ||
| When we come back, Dave Bratt is going to join us. | ||
| The Warren Posse in the engine room, yes, in the chat rooms. | ||
| A lot of this turmoil, we said for a while, is the blooms coming off a little bit off the rows. | ||
| In the run-up on some of these tech stocks, particularly related to artificial intelligence, far be it from me to say it's because we had Joe Allen, Mark Jektovic back on in Naomi Wolf on Saturday. | ||
| But yes, a lot of it's tied to that overvaluation. | ||
| I think a lot of people felt the market was overvalued, including the Oracle of Omaha. | ||
| Warren Buffett, who went to cash, are like $350 billion. | ||
| Make sure that you're available. | ||
| We cannot have you not available for the ramparts, given everything that's happening that's of world historical importance to back President Trump. | ||
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| Short break. | ||
| Back with Brett in a moment. | ||
|
unidentified
|
They're planning to vote down the simple bill. | |
| They are going to try to shut the government down. | ||
| Every House Democrat will participate in this, it looks like. | ||
| That would be a shame if it's true. | ||
| I hope some of them will have a moment of clarity themselves and do the right thing, but it looks like they're going to try to shut down the government. | ||
| It's a striking new posture for Democrats who have always said they've just been apoplectic about the prospect of government shutdowns. | ||
| I put a video out about an hour ago on social media. | ||
| I encourage you to go see that. | ||
| They have been in their own words. | ||
| You don't need to trust us on this. | ||
| But Catherine Clark, here's one little zinger from her, quote, Not only is it irresponsible and purposefully misleading, but it's also a dangerous precedent to be threatening a shutdown, unquote. | ||
| Now remember, this is in last year, years past. | ||
| Pramila Jaipal. | ||
| Quote, the tragedy here is all the civilian employees. | ||
| It's the employees who are going to sell them. | ||
| Let me have it. | ||
| Let me have it. | ||
| And just keep that where it is. | ||
| Real America's voice. | ||
| Denver operation. | ||
| They come back to that. | ||
| Dave Brat. | ||
| So another historic day, folks. | ||
| Markets in turmoil. | ||
| A lot of that's the overvaluation for the market. | ||
| We kept telling you guys we're looking to bail on that. | ||
| The Oracle of Omaha. | ||
| It went to cash, $350 billion, about a month ago. | ||
| That was always a leading indicator. | ||
| Things are evade. | ||
| Dave Brett, go back. | ||
| Let's make the underlying economic argument because we have to stay the course here. | ||
| President Reagan stayed the course. | ||
| President Trump's plan is the correct plan, right? | ||
| I think they're going to go a little bit more on offense in selling it and telling people what they're doing in a little more coordinated fashion, which I think he would admit that we need to do. | ||
| He's going to the Business Roundtable this afternoon. | ||
| I think it's 6 or 5. We're going to cover that when he goes up there. | ||
| I think the speech is behind closed doors, but we'll have some reporting of what he's going to say, which is going to be very important. | ||
| Scott Besson's there tomorrow. | ||
| Dave Bratt, give me your assessment, sir. | ||
| You're kind of the last man saying you're a resident economist now. | ||
|
unidentified
|
That's right. | |
| That's right. | ||
| No, but President Trump's just using the price system. | ||
| Prices are the most powerful thing in the world. | ||
| He's raising the price of imports. | ||
| And so the net effect is we're going to do less importing. | ||
| We're going to do more exporting. | ||
| We're going to make more stuff in the United States of America. | ||
| We're going to open more factories here. | ||
| That's already happening under President Trump. | ||
| Now, there's a lag on that. | ||
| And the problem with all this reporting is these reporters do set expectations, right? | ||
| When the consumer reads all the mainstream media, whatever, they are influenced by the mainstream media, which is still significantly large. | ||
| But what they're missing is, you know, Navarro had a nice piece with Joe in the morning finance program. | ||
| And Navarro said, you know, the media hasn't mentioned our tax cuts, our energy policy, the Doge cuts, the regulation improvements. | ||
| and basically the general transition from a giant government-sponsored green energy sector. | ||
| To a private sector, business-driven economy. | ||
| That's what Trump is. | ||
| Trump is just American business through and through. | ||
| That's the transformation. | ||
| I'll do two charts for 10 seconds each just to give you a little reminder. | ||
| Denver, the first chart. | ||
| This is 2020. This is CBS News reporting on Trump right there. | ||
| Denver, thank you. | ||
| And Biden, 90% positive from CBS News, and of course all the mainstream are the same. | ||
| Trump, 95% negative. | ||
| That's what you're seeing today. | ||
| Nothing's changed in the mainstream media. | ||
| And then the next chart, just to give you a sense of the magnitudes here, the next chart, Denver. | ||
| It shows all the mainstream media. | ||
| That big black line at the top, that's the mainstream media, right? | ||
| That's ABC, CBS, NBC combined. | ||
| Then you've got Fox News in the orange down below. | ||
| And then below that, you've got MSNBC and CNN. So add the black line and the two bottom lines, and they're still double or triple Fox News. | ||
| The good news is conservative programs like yours are on the ascendancy, right? | ||
| Streaming services are going through the roof. | ||
| Everybody on the war room has to share this program to educate folks because without the education, the mainstream media gets away with murder. | ||
| And then President Trump's agenda is threatened because they are shaping expectations of the consumer, etc. | ||
| When everything President Trump is putting in place is pro-growth. | ||
| Our productivity's been down for 70 years in a row. | ||
| How do you change that? | ||
| You increase capital investment in the United States. | ||
| CBO has us growing at 2% for the next 30 years. | ||
| That won't do it. | ||
| And then the nice little side bet here is when the price of the stock market goes down, everybody goes into bonds. | ||
| So the price of bonds goes up, the yield goes down, the interest rate goes down, and we get to refinance $7 trillion coming up very soon at a much lower interest rate. | ||
| So all sorts of good things are happening. | ||
| They're going to be lagged a little bit. | ||
| That's why President Trump gave his accurate forecast. | ||
| Just hold tight. | ||
| We're going to make America great again. | ||
| It is coming. | ||
| Well, I think the part that needs to be hammered over and over again This is a supply-side, and Scott Besson told us this a year ago, before he was even up for Secretary of Treasury. | ||
| This is probably the last shot, if not the last shot, you get to a supply-side tax cut. | ||
| So just not a consumer-driven economy anymore, but a production-side economy about capital investment and high-value-added manufacturing jobs, which it all then spreads out to the entire economy. | ||
| That's the play here. | ||
| And at the same time, to break the addiction of the political class. | ||
| And Wall Street to federal spending. | ||
| And that takes an intervention. | ||
| The two interventions, you've got the shock troops of Doge right now, and they're trying to shut them down every day. | ||
| You've got the shock troops of Doge. | ||
| It's one of the reasons the CR, I think, in the Senate, we're going to get hung up and have a huge battle. | ||
| I think right now the Democrats may say, screw it, we'll shut down Trump's government. | ||
| We don't care what Elon Musk does, because he's in there anyway. | ||
| But Doge is coming up with waste, fraud, and abuse. | ||
| And then, coming this summer, Committed by Russ Vogt and some people that you can take their word from President Trump, they're going to go through programmatically from the Defense Department to Medicaid to the other social programs, not as President Trump says, Medicare and Social Security, the entitlements are walled off, but to go through and start doing some significant cuts. | ||
| And you think it's choppy today? | ||
| My phone's blowing up. | ||
| Wall Street, you know, the thing's down, I think 600 points. | ||
| You ain't seen nothing yet, folks. | ||
| This is going to be, as President Trump reorients, geostrategically and geoeconomically, plus the intervention to break the addiction of federal spending, Dave Brett, your thoughts? | ||
| Yeah, and don't forget all of these geniuses on Wall Street who were woke, right? | ||
| The Fortune 500 CEOs, they made some bad bets. | ||
| So Trump is transitioning from government spending, $2 trillion deficit spending per year. | ||
| All that was a smoke screen and a signaling thing, right? | ||
| It means you're on our team. | ||
| All the green spending, all the green programs, they count that as economic growth. | ||
| So we're shifting from a government sector to a private sector supply-side initiative. | ||
| And then look at the jobs. | ||
| All the new jobs were healthcare, government workers, and foreign-born. | ||
| Last month... | ||
| For the first time, American workers' share of full-time jobs went up under Trump. | ||
| If you want to report a statistic, that's a beauty. | ||
| So all the jobs were correlated with government spending, where the productivity is probably negative, not positive. | ||
| So President Trump is hugely courageous here. | ||
| He's doing what has to be done for the American people. | ||
| Folks on the show always tell me to bring up the middle class, the workers, right? | ||
| The middle income workers and small business owners. | ||
| They are itching to get back to work again. | ||
| And so Trump's igniting the animal spirits, the entrepreneurial spirit of the United States of America, right? | ||
| Max Weber's old famous book. | ||
| The Protestant ethic and the spirit of capitalism is alive again, and it's going to take a little bit. | ||
| It's going to take a few months for the capital investment to kick in, but it's coming. | ||
| What about on Capitol Hill? | ||
| Do you see... | ||
| Because it's got to start with the Republican Party. | ||
| I mean, look, I've been very critical of Johnson. | ||
| I think this time, you know, with President Trump, everything he's got going on, he shouldn't have to pick up the phone and call people yesterday to whip this vote, which he had to do, right? | ||
| And, hey, we only had the ability. | ||
| You lose more than one, you're done, because the Democrats are absolutely in lockstep about shutting down President Trump's government. | ||
| But do you see... | ||
| The grit and determination to actually make the tough calls. | ||
| Because if you think it's bad in the financial markets now, you wait to not the financial markets, but you wait to the summer we start cutting and doing significant cuts to programs both from the Defense Department to Medicaid that have to happen. | ||
| And I've said you've got to take a scalpel to Medicaid. | ||
| You've got to be very careful to be given the financial distress. | ||
| We have a whole new geostrategic hemispheric defense. | ||
| I think the Defense Department's got to comply with that and not take two or three years of still building big army for CENTCOM type of battles. | ||
| Do you think you came out of the place, do you think they've got basically the guts and the tenacity to actually start to make these cuts? | ||
| Is this going to end up just being another waste of time? | ||
| You continue to add this deck because the math right now is killing us. | ||
| No, there's no evidence of a spine. | ||
| And the problem is, if they do not do, right, if the Speaker and Thune don't do the right thing on spending going forward, then the markets and expectations are going to dive. | ||
| Because the Doge numbers won't go into effect without them becoming part of the budget and enshrined in law, right? | ||
| They'll only go down as executive orders. | ||
| The left will take them out as soon as things turn around again. | ||
| I'd be in trouble right now. | ||
| And what I recommend is Speaker Johnson and Thune come out and put on paper their pledge on spending for the next year's budget. | ||
| I'd be in trouble right now because I think I would have put on paper my promises to my constituents that I would not vote for something like this. | ||
| And so I would be in a pickle right now. | ||
| Hold it. | ||
| Hold it. | ||
| Hang on. | ||
| Hang on. | ||
| I got breaking news from CNN. And maybe I got to give a hat tip to Johnson. | ||
| Breaking news. | ||
| It's official. | ||
| House is leaving for recess after votes today. | ||
| Assuming the CR passes, the Senate will be left with a choice to either accept a bill as is from the House or reject it and shut down the government. | ||
| That is a power play. | ||
| I kind of think I hear the voice of Donald Trump in Johnson's ear. | ||
| This is a call their bluff. | ||
| Vote it and then go home, right? | ||
| This is high-stakes poker, baby. | ||
| Yeah, no, that's absolutely right. | ||
| The Senate Democrats deserve every minute of this pain that they've inflicted on us for the past four years of spending excess that's blown up our economy and our kids' future. | ||
| The liberals always talk about the kids' future. | ||
| They're not going to have Social Security, Medicare, or economic growth if we don't turn this thing around. | ||
| Where's the concern for the kids? | ||
| It's just stunning. | ||
| But this is actually even, we used to always talk about the kids, and that's what people said, deficits don't. | ||
| Right now, the inflation's not going to come down. | ||
| It's not going to come down until you cut federal spending. | ||
| This is a Keynesian overdrive, right? | ||
| This is a Keynesian fusion every quarter. | ||
| Hey, Dave, hang on. | ||
| We're going to go one more. | ||
| Go ahead. | ||
| Hit me. | ||
| Hit me. | ||
| On that point, on this prices thing, The left exaggeration of the prices from Trump, right? | ||
| The first thing you learn in microeconomics is you substitute away from high-priced goods. | ||
| The American people are very clever on this kind of thing, right? | ||
| So markets will work if we let them work. | ||
| Trump is returning us to a supply-side, business-led economy. | ||
| Everything is going to fall into place. | ||
| And the Democrats moaning and groaning about prices and eggs and all this stuff. | ||
| I think someone famous said, you know, shut up, hopefully in a nice way. | ||
| In a nice way. | ||
| Hang on for a second. | ||
| The Dave Bratt joins us. | ||
| The last man standing. | ||
| I tell you what, it's been great. | ||
| You know, competition's fantastic since Bratt and E.J. Antonio. | ||
| Everybody else is either in the White House or in the Treasury Department. | ||
| These guys have stepped up. | ||
| Bratt's got charts that are just amazing. | ||
| And I appreciate you so much. | ||
| Dave Bratt's going to stick around with us. | ||
| Birch Gold, you're going to find out why gold is a store of value in turbulent times because we're going to go through some turbulent times. | ||
| President Trump, Never promised you a rose garden anywhere but the White House. | ||
| This one's going to be tough as he geostrategically returns us from war to peace and he turns around the United States to prosperity. | ||
| He's got his plan to do it. | ||
| He's executing on the plan. | ||
| We think the plan is brilliant. | ||
| Just got to see it do to the end. | ||
| Birchgold.com. | ||
| First of all, take your phone out. | ||
| Text Bannon, B-A-N-N-O-N, at 989898. You get the free guide. | ||
| Investing in gold and precious metals in the era of Trump, the ultimate guide. | ||
| And then you can talk to Philip, Patrick, and the team at Birch Gold. | ||
| This is why we do it, so you have a relationship with the best. | ||
| Short break. | ||
| War Room Posse, hey, I can't be with you for the next few days, but that doesn't mean the specials go away. | ||
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| Dave Bratt, supply-side tax cut, massive deregulation of the deconstruction of the administrative state, a new economic model built around tariffs. | ||
| That's to bring manufacturing jobs back, plus an external revenue service, and then massive cuts in federal spending. | ||
| That's kind of the plan. | ||
| Dave Bratt, where do people get you? | ||
| Your charts are amazing. | ||
| People want them. | ||
| Where do they go to get that and all your brilliant thinking in off hours? | ||
| Yeah, well, I just borrow from the greats like you, the Oxford Don, and all the meat and potatoes are up there on productivity. | ||
| None of that's changed in 70 years, roughly. | ||
| That's unfortunate. | ||
| So, brat economics on getter. | ||
| And whenever you hear about prices, remember, as Milton Friedman taught us, inflation is always and everywhere only a monetary phenomenon. | ||
| If the Federal Reserve doesn't accommodate all these price moves, we will not have any price increases. | ||
| Prices will come down immediately. | ||
| That is not on President Trump. | ||
| That is on the Federal Reserve. | ||
| And I hope we get to work on that as well. | ||
| Dave Bratt, appreciate you, sir. | ||
| Thank you for co-hosting this morning. | ||
| And we'll hopefully have you back either tonight or tomorrow, sometime during the week. | ||
| Go through more conversations. | ||
| I think these markets are going to be kind of, hey, they're going to keep everybody on the edge of their seat. | ||
| So we've just got to work our way through it. | ||
| Thank you, brother. | ||
| See our vote. | ||
| And by the way, This is in your face. | ||
| They're going to vote and go on recess. | ||
| They're going to send a bill over to the Senate and say, up or down vote, guys. | ||
| Not looking for any input. | ||
| Pretty ballsy move. | ||
| I like it. | ||
| Let's go to the Basilica. | ||
| We got our own Kevin Posobiec out there. | ||
| Kevin, who do you got? | ||
| It's a rally later in the day. | ||
| Who do you got for us, sir? | ||
|
unidentified
|
How's it going, Steve? | |
| Yes, I'm here at the National Basilica. | ||
| We have Cardinal McElroy being installed today at 1.30, but we're here with Michael Hichborn from the Lepanto Institute and Doug Mainwares from LifeSite News. | ||
|
unidentified
|
Fellas, tell us a little bit about why we're here. | |
| Well, the fact of the matter is that Cardinal McElroy, who is going to be installed today, has a long history of cover-up when it comes to the sexual abuse crisis. | ||
| We know very clearly that he was directly involved in covering up what happened to Rachel Master Giacomo, who was ritually abused by a priest. | ||
| And Cardinal McElroy has been involved with a lot of the immigration stuff. | ||
| He's been involved with a lot of the USAID support. | ||
| He's extremely supportive of the Catholic Campaign for Human Development, which is well known to be financing organizations pushing abortion, contraception, homosexuality, Marxism, the whole gamut. | ||
| That's wild. | ||
| Doug? | ||
| Tell me... | ||
| Yeah, Doug. | ||
|
unidentified
|
Yeah, second reason folks are here are... | |
| To ask the president and vice president to launch a RICO investigation into the USCCB. They've received hundreds of millions of dollars. | ||
| Supposedly that all goes to the resettlement of illegal immigrants. | ||
| But in the midst of all that, supposedly 300,000 children are just missing. | ||
| And you've got to assume some bad things have happened to them. | ||
| But there needs to be accountability for that and for how all those funds were used. | ||
| Okay, hang on for one second. | ||
| We've only got two minutes. | ||
| I'm going to get this straight. | ||
| You want the President of the United States and J.D. Vance, J.D.'s a convert, to actually have the Justice Department commence a racketeering investigation against the U.S. bishops? | ||
| For the handling of money related to the invasion of the southern border and the child welfare of these children they came across on the company. | ||
| Is that what I'm hearing, sir? | ||
|
unidentified
|
Yeah, that's exactly right. | |
| And we've published a letter that's been signed by some of the folks who will be here this morning. | ||
| It's an open letter, but it will be delivered, I believe, to President Trump and Vice President Pence very soon. | ||
| We'd like an answer. | ||
| I tweeted about it last week. | ||
| If there's a doge for the United States government, we need a doge for the church. | ||
| Because there's a deep state and there's a deep church. | ||
| We want to know what's going on with all these kids. | ||
| Let me ask you, why would the Pope, of everybody he could select, why would he select Cardinal McElroy to actually be the cardinal for Washington, D.C. that was supposed to interact with the White House? | ||
| Why would the Pope Francis do that, sir? | ||
|
unidentified
|
Well, for a number of years, the Cardinal Archbishop of Washington D.C. has been a cover-up artist. | |
| Cardinal McCarrick here, you had Cardinal McCarrick, you had Cardinal Worrell, you had Cardinal Wilton Gregory, now you've got Cardinal McElroy. | ||
| They're all part of the same cabal of homosexuals that are trying to cover up the sex abuse crisis. | ||
| They were directly involved in the 2002 Dallas Charter. | ||
| So it's all about maintaining a cover for what's actually happening with regard to the shuffling of children, the sex abuse, all of it. | ||
| Okay, can I get, right now, where can I get the letter? | ||
| What are your social media? | ||
| We've got about a minute. | ||
| Just both of you guys tell us where to go to get more information about you two. | ||
|
unidentified
|
To find the letter, just go to lifesitenews.com, and as far as I know, it's still trending at the top of our website. | |
| Yeah, and you can go to Lepanto Institute, LepantoIN.org. | ||
| You can follow us on Twitter, LepantoInst on Twitter. | ||
| You can also follow me on Facebook. | ||
| Kevin Posobiec, where do we go for you, sir? | ||
|
unidentified
|
You can follow me at Twitter, Kevin Posobiec, and Instagram. | |
| Follow my handles. | ||
| Kevin, we will come back on the 5 o'clock show to get interviews you do and more about what's going to happen today. | ||
| Another historic day in Washington, D.C. Thanks, guys. | ||
| Appreciate you. | ||
| Fighters right there, throwing down on the day the guy gets his investment. | ||
|
unidentified
|
Wow! | |
| Investiture, I guess it is. | ||
| We're going out with the right stuff. | ||
| You know why? | ||
| This audience has it. | ||
| The grit, the determination, the use of your human agency to make a difference, to bend the arc of history. | ||
| We're going to be back at 5 o'clock. | ||
| It's going to be wild. | ||
| A House vote and then a play-me-or-trade-me by the House. | ||
| They're going on recess. | ||
| They're taking off. | ||
| President Trump's going to talk to the Business Council. | ||
| A huge rally out at the Basilica with some conservative traditional Catholics. | ||
| We're going to have it all for you, plus Natalie Winters live from the White House. | ||
| We return at 5 o'clock. | ||
| Charlie Kirk is next. | ||
| Jack Posobiec, we're back here at 5, right after Eric Bolling. |
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