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March 29, 2025 - Bannon's War Room

48:17

WarRoom Battleground EP 733: Building Back A Christian Coalition; Congress Can Stop The H1B Chaos

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dave brat

28:36

rosemary jenks

06:40

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jake tapper

00:08

steve bannon

00:28

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Speaker	Time	Text
steve bannon ▲ ● ▼		This is the primal scream of a dying regime.
		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 them.
		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.
jake tapper ▲ ● ▼		And where do people like that go to share the big line?
unidentified		Mega Media.
jake tapper ▲ ● ▼		I wish in my soul, I wish that any of these people had a conscience.
unidentified		Ask yourself, what is my task and what is my purpose?
steve bannon ▲ ● ▼		If that answer is to save my country, this country will be saved.
unidentified		War Room.
unidentified		Here's your host, Stephen K. Band.
dave brat ▲ ● ▼		Good evening, everyone.
		Dave Brat sitting in with the great Stephen K. Bannon.
		I've been watching the shows all day.
		Natalie Winters just teed it up.
		We've got a great show for you.
		We're going to hit gold.
		We're going to hit the Judeo-Christian West.
		We're going to hit immigration hard.
		I'm going to start off and try to frame the economics.
		Stephen K. Bannon, there's no one better at doing the geopolitics and the economics.
		But I'm going to run through some charts that I think connect all the dots, right?
		A lot of people are taking cheap shots at tariffs and this kind of thing, but they can't connect the whole story.
		So I'm going to try to give you one whole story for the first part of this segment with the data from way back.
		Connecting everything from productivity to trade to tariffs to human capital to growth theory to the debt and money, gold, everything.
		And so get out your number two pencil and here we go.
		Denver, if you want to pull up the first chart, let's start off with a real long run.
		All of human history made $1,000.
		And all these charts are going to be at Brat Economics on Getter and Brat Economics on X. So share them with your young people and have them follow these charts along with the video presentation we're going over right now because it's key that everybody knows this.
		This is 1981.
		The two giant red balls are population-weighted, so that's obviously China and India.
		They're only making about $1,000 a year back 40 years ago.
		The U.S. and all those yellow dots to the right are Western European countries, also called the Judeo-Christian West.
		That Judeo-Christian West brought you a lot of nice things like science, freedom, human rights, democracy, only out of the Judeo-Christian West.
		So it's very important, War Room, the folks who think about religion.
		Religion is not about saying you're holier than thou or whatever.
		In fact, it's saying the other.
		It's saying we're all fallen, we all need help, and we're going to structure government a certain way.
		So I'm not going to get into all that, but I just want to forward, watch those two red balls as we go from 1980 all the way up to today, 2023.
		Denver, next slide.
		There you go.
		China and India went from 1,000 up to about 15,000, 16,000 to 25,000 for China.
		They are growing very fast.
		So this is the context that you'll never hear on any other program, right?
		This is why President Trump is doing what he's doing.
		I'm going to go over how China got there, what the U.S. is doing that's slowing us down.
		I think you all know.
		You all watch this show.
		You're all highly educated.
		But again, the probability of all those yellow balls...
		According to Bradford DeLonge of Berkeley, so I doubt he's a Presbyterian, right?
		So I'm giving you real data here over the long-run Western trajectory.
		The probability of those yellow balls randomly being the richest countries in the world is 1 in 10,000, according to Berkeley.
		And this is everybody I'm giving you is the Nobel laureate-winning economic growth, folks, for the whole show.
		All right, so now let's go into the more standard economics of today.
		Denver, the next chart.
		Here, I'm just covering this in two seconds, but here's the money supply.
		Fred, when you see Fred up there, that's Federal Reserve data.
		So you see anything that looks a little peculiar on that graph?
		There's M1 or M2 over the last 30 years, and all of a sudden, there's a catastrophic blow-up, right?
		All from the 07-08 bailouts.
		The Fed takes an activist role.
		It prints money any time the federal government wants to spend money.
		It validates and justifies all the government budget deficits, $2 trillion a year.
		And there you see M1 and M2 just blowing up at the end of that chart.
		That's the Federal Reserve.
		They have not been audited yet by Doge.
		I hope Doge takes a good look at all the research economists who have goofed us all up, especially the middle class.
		Next chart, Denver.
		All right, there's the debt bomb, right?
		We're up to $36 trillion.
		We have more debt now than we did in World War II without World War II.
		Of course, we have never-ending wars, and Steve covers that brilliantly every day.
		But we've covered that pretty sufficiently, so I want to get to the tariff story coming up next chart, Denver.
		Here's the untold story on the mainstream media, and here's what President Trump is trying to correct, and I'm all with him on this.
	The graph on the left is the U.S. trade deficit, goods only, and of course it's blowing up over time.
	It's getting bigger and bigger and bigger as you look at that chart, right?
	That's the size of the deficit.
	So we are not producing and exporting.
	We're importing consumer goods and spending on consumer goods.
	The rest of the world is making stuff.
	And traditionally in economics, you say, okay, that's fine.
	We're consuming stuff and that makes us happy.
	But it turns out that innovation and research and development and capital equipment and all of those things necessary for a successful economy are very correlated with manufacturing.
	And when you have deficits of that size ongoing, and that's where Lighthizer is very good.
	Make sure you go watch the Tucker interview with Robert Lighthizer.
	He is brilliant, does a great job, I think just a few days ago.
	Go see that.
	Now, look at that on the same chart there.
	Look on the right chart, and you'll see something very peculiar.
	When Trump comes in on the right side, the pink side, you have huge deficits continuing.
	You can't turn it around in a year.
	But then the trade deficit goes down, down, down, right as you see those black bars getting smaller and smaller and smaller.
	Trump is making real inroads on the trade deficit.
	And he is today as well, right?
	Capital equipment is coming, screaming into this country, and Stephen Bannon covers that every day.
	You know, $100 billion from Taiwanese chips, etc.
	And so, next chart.
	And again, let's see anybody else tie all of these charts together.
	Give a comprehensive story of how this all fits together.
	So now you hear stories on Mexico and Canada and China.
	Why is the U.S. doing this?
	Well, on the far left graph, there's the Mexican trade deficit.
	Of the United States, Mexico's trade surplus, it says on that graph, same thing.
	Their surplus is our deficit, and it's growing, growing, growing.
	So as Lighthizer says, it's not just having a deficit in a year, it's sustained deficits over time.
	The middle graph is Canada's trade balance with the U.S. blowing up lately, the deficit with Canada.
	On the far right, I don't know if you can read all those, but...
	Blow that up if you can.
	Up at the top, U.S. runs trade deficits with most countries.
	Again, Lighthizer, that's the problem we're having here, right?
	It's not a deficit with one country or another.
	We have trade deficits with everybody.
	And as I told you, all those nice properties go along.
	Research and development, productivity, manufacturing, they're all tied together.
	And so we cannot continue down this path.
	I'm glossing over it.
	We've gutted our manufacturing system in the United States.
	I think you all know that.
	We've gutted the wage rate for American workers because they're not working with capital anymore.
	And we'll get to that story coming up.
	Here's a few more charts.
	Denver, next slide here.
	Okay, on the far left, you may not know, trade is not a huge part of the U.S. economy.
	That little purple sliver is U.S. imports.
	It's 14% of our economy.
	Now, that's going to be in stark comparison with some of the other countries you're looking at.
	If you look at the middle graph there, we're comparing trade openness, trade as a percentage of GDP.
	The U.S. is relatively small, as I just showed with that little purple bar.
	But then going down, Mexico is much bigger percentage trade.
	European Union is down in the middle.
	China is bigger than the U.S. And Canada is down there at the bottom.
	Trade makes up 60%.
	Of their economy, GDP.
	And so what's that related to in the news lately?
	Well, if you're Canada, you know, they're saber-rattling and their politicians are talking a big game, they're beating their chests.
	I don't think that's really a smart idea on their part, right?
	When trade 60% of your economy and only 14% of our economy, and we're a massive world power, If you're just using common sense, that makes no sense whatsoever.
	I think this is part of President Trump's problem with some of the attitude adjustments around the world.
	We've been paying for the post-World War II liberal world order, protecting the seaways, providing trade, providing military protection for everybody.
	And all we're saying now is we want reciprocal tariffs.
	Right? We just want an even playing field.
	And Lighthizer, by the way, goes through three options there.
	And they're very sophisticated.
	He covers them.
	It's very common sense.
	But he says in order to deal with the tariff and non-tariff barriers, which I'll cover in a sec, you're probably better off just using tariffs until we get this story straightened out.
	And most of these charts are showing you what that means.
	The far right graph.
	Is Canada, Canadian exports to the U.S. up there on the top is a percentage of GDP up at 19%, right?
	Canadian exports, the stuff they send us, 19% of their economy.
	Down at the bottom, you can't even see it.
	It's a little blue line.
	That's our export percentage to Canada.
	So if we get into a trade dispute, again, whoever's advising their trade folks to be yelling and blustering at us, not too good of advice.
	At the bottom, we're down there at 1.7%.
	That's 1.7% of a huge number.
	But I'm just trying to show the leverage that Canada has on us.
	It's not good.
	The next chart is probably one of the most important in this tariff debate.
	In addition to the deficit story, and you'll see arguments out there, pros and cons, but I'm trying to lay out the charts that make sense of this thing.
	Here's free trade for the G20 countries.
	So these are the rich 20 countries, and these are the tariffs in the dark blue, and then the non-tariff barriers, the way they exclude U.S. goods from coming into their countries.
	Down at the bottom, the lowest tariff rates and the lowest non-tariff barriers.
	So the most free trade country is the United States of America, right?
	So we're the good guy.
	We've been helping everybody, and we're just not here in the right tone coming back from the rest of the world.
	And so as you keep going up, there's Mexico, Japan, Indonesia.
	Canada's quite a ways up.
	If you look at Canada, they're two to three times.
	Tariff barriers against us, tariff and non-tariff barriers.
	Most all those countries are at least 200% or 300% higher tariff and non-tariff barriers against us.
	So when President Trump says we're going to do reciprocal tariffs, he's spot on.
	And just interestingly, all these countries have much higher tariffs.
	And so when the left is going apoplectic and getting hyper about, well, this is going to destroy our economy, well, look at China up there.
	They have three to four times the tariff barriers, tariffs, way higher tariffs, way higher non-tariff barriers against us, and they were growing at 10%.
	So, dear far left, economists, Financial Times, Wall Street Journal, could you please get your economists to explain this to us, America First types, because we're dying to hear it.
	Next one.
	Now, how does all this trade story apply to our lives?
	On the far left, there you see the service industries kicking up.
	We do have high value added, high wage, high salary services, lawyers and doctors and dentists and etc.
	The IT fields, software engineers, etc.
	As we've shown on the show numerous times, the distribution of income is stark.
	And so a huge part of the decline of the middle class is that black line.
	Industry manufacturing is going up until, guess when, about 1960 and then down.
	And then on the far right, again, U.S. manufacturing jobs, you can see a massive decline starting at about 2,000.
	It started before that, right, with opening up to China, the World Trade Front.
	But the U.S. manufacturing jobs on the far right dropping precipitously in the darker blue chart.
	You can just see them going down, down, down.
	Next chart, Denver.
	Sorry I'm going fast through this, but I hope you will all get at this and train in the next generation.
	Share these charts with the folks you know and share the war room because this stuff is just crucial.
	I'm going to skim over a little of this.
	Our manufacturing data also, and investment data, this has been lost in translation, but the national accounts, the bureaucratic state, has been adding everything in the way they calculate what counts as investment.
	This will not shock the war room, but it may shock your neighbors.
	And the average business person, I don't think, knows some of this stuff.
	But the green energy stuff, the green stuff Biden was proposing, all government spending, all government jobs, they count that as investment now, as capital investment.
	And it's not free market driven.
	It's not return on investment driven.
	It was all politically driven through friends.
	And you're seeing that the Doge is showing that corruption.
	And so I just wanted to put that up there.
	But at the bottom, you see the value of manufacturing.
	China is that, if you look down at that number four and a bunch of numbers after it, that's $4.5 trillion manufacturing output in 2023.
	The U.S. is only at $2.5 trillion in manufacturing output in 2021.
	I think the last year they had data on that in that setup.
	And so China's clobbering us in manufacturing, and that goes along with capital investment and research and development that I said earlier has all those nice properties.
	And I'm going to cover that in a minute.
	Next chart.
	Denver, we've gone over this.
	I'm going to go over this one pretty quick.
	The jobs reports, you know that jobs data have just been grossly overestimated during the Biden years.
	So they said 200,000, 250,000 every month.
	If that was the case, up at the top, you can read this and cover this later if you want.
	That would approximate 12 million new jobs we should have had during the Biden years.
	Right? If all those job reports were accurate.
	They had an 850,000 job revision.
	Oops! At the Labor Department, etc.
	And so the full-time jobs, it turns out, is only 1.5 million over 4.5 years.
	1.5 million jobs, new jobs, over 4.5 years.
	Not 12 million, if you would have followed the data.
	And the bottom chart there shows you that 41% of those new jobs were government.
	The next charts I have said are the most important charts.
	I've gone over these a thousand times on the War Room with all of you.
	This is Bob Gordon, Northwestern University.
	Again, I don't know his politics, but I doubt he's a War Room America firster.
	This has been his life's work for 50 years.
	He's well-respected in the macro profession by everybody.
	So these data are also Brookings.
	This is not rightwing.com data for you lefties watching the show.
	Here's productivity down for the last 70 years.
	If you start in the top left and just go down, you used to have 5, 6, 7. In the middle, you had 2, 3, 4. Now you have 2% productivity.
	And it's up a little bit the last few quarters.
	I hope there's something good going on.
	But the researchers at the Fed say there's not enough evidence yet to say there's a long-term change in trend.
	So U.S. productivity, the amount of stuff you make per hour, going down for 70 years in a row.
	What's that get you next chart, Denver?
	I'm going to go through these real quick.
	I've gone over these 100 times.
	At the far right, overall productivity from 2022 to 2052, way out.
	What is the, I think this is from CBO, Congressional Budget Office.
	Yep, that's what it says up at the top.
	1.7% productivity growth is what you should expect.
	And so that would also suggest GDP growth probably at about 1.7% or 2%.
	Next chart, Denver.
	Federal Reserve, two weeks ago, comes out and says, oh, we got to downgrade the growth report.
	We're down to, what number was I just saying?
	2%, 1.7%.
	And the Fed comes out two weeks ago and says, down to 1.7%.
	So the long-term trend in manufacturing, tariffs, China, the U.S., everything results in the same story.
	That's what I'm trying to show here.
	Everything's the same story.
	Next chart, Denver.
	Here's just confirmation.
	CBO, real GDP growth at 2% for the next 30 years.
	I think I'm going to gloss over the next one.
	Denver, go forward one.
	So there's the distribution of income.
	The rich own everything.
	You know that.
	Next chart.
	I think I'll just close on this one because I want to bring in our next guest who I think is ready to roll.
	This, how do you solve it?
	Okay, Dave, you keep giving us the Eeyore story.
	The sky's falling.
	Top graph, that's China.
	That's China's growth in their capital stock.
	Not financial capital, but capital stock.
	They're at $100 trillion in capital in their hands.
	It's going straight up like a rocket ship, right?
	Exponential growth.
	The graph underneath that is the United States of America.
	We're slowing down.
	We only have $70 trillion worth of capital to work with.
	Guess who's solving that problem?
	Guess who's bringing capital back to the United States of America?
	President Trump.
	And so I think I'm going to end it there.
	I had a few more charts, but I got a superstar I want to get on with us right now.
	And his name is Rod Martin.
	Rod, are you with us?
	Can you hear us?
unidentified		I'm here.
dave brat ▲ ● ▼		All right, brother.
		Very good.
		Rod Martin is a business all-star in his own right.
		He was one of the original folks back at PayPal.
		Lawyer, very intelligent guy.
		I hope he'll share his blog and media with you when we close in this segment.
		But I wanted him to come in also on the Baptist convention.
		First of all, he'll start off and just tell you how big it is, why it matters for politics in this country.
		And so I'm just going to let him take it from there.
		Rod Martin, the floor is yours.
		Give us a little overview of who is the Baptist Church, the Baptist.
unidentified		Well, very briefly, before I get into that, I just want to commend you for everything you were just teaching your audience.
		You're so right.
		And I just wrote an article about this at rodmartin.org called The Free Traders Case for Trump's Reciprocal Tariffs.
		So we are completely in sync on that.
		The Southern Baptist Convention is the largest Protestant denomination in the United States.
		Believe me, the left knows it.
		Sometimes the Christians don't fully realize what that means, but the left understands it flawlessly.
		The Southern Baptists have about 13 million members, which isn't that huge a number.
		It's about 5% of America's Christians.
		But it has six seminaries that educate one-third of all the seminary students in this country.
		Which is just extraordinary, unbelievably disproportionate.
		And of course, Dave, you're at Liberty and you guys have a huge seminary too.
		But the bottom line is that Southern Baptists steward these things, not just for themselves, but for countless other denominations.
		I had a Lutheran call me from Texas a couple years ago and say, we are so completely praying for you Southern Baptists trying to keep the woke.
		Out of these seminaries because my pastor was actually educated at the Southern Baptist Theological Seminary in Louisville, Kentucky.
		You affect all of us.
		And that's absolutely true.
		So the fight for the SBC against the woke infiltration that you see in every other institution is absolutely vital if you want to make sure that the pulpits are faithful in 10, 20, 25 years.
dave brat ▲ ● ▼		Right. Right, good.
		Some of the churches have been getting passive.
		My own view is that a lot of this is related to just lack of theological understanding.
		They haven't read the Bible in full.
		The Christology is kind of aimed at Jesus only at 30 AD.
		Not knowing that Jesus is part of the Trinity, pre-existing with God the Father, and was with God the Father through all of Israel's kings and prophets and judges, etc.
		And these days, Jesus is kind of like your buddy.
		You go out and get a Starbucks with him.
		But even when I read the Gospels, you don't need to go to the temple and the tables.
		He's very austere and tough, even on his closest disciples.
		And so why is it that the Baptist Church has so many folks going woke and getting soft, and it's across the spectrum?
		It's the Presbyterians, I went to Princeton Seminary, and it's the Catholics.
		What's going on?
unidentified		Well, it's everywhere at once.
		The left has been very deliberate about subverting churches, because from their point of view...
		They have the major news media.
		They have the universities.
		They have the public schools.
		They have your movie screen.
		From their point of view, a pulpit is just one more screen.
		And a huge percentage of Americans are sitting in front of that pulpit every single week.
		If you could influence what they're thinking from that pulpit, it's transformative.
		For the socialist cause.
		So that's what they're doing.
		Now, I have to say, and of course, as you know, I'm a recent officer of the executive committee of the Southern Baptist Convention, so I know a preacher or two.
		And I can tell you, most of the Baptists in the pew are perfectly fine.
		I mean, they may or may not be deep.
		From a Christian perspective.
		But they believe the right things.
		They are in the right direction.
		They haven't been affected by this tremendously.
		But an increasing number of their pastors are.
		And that problem in the seminaries has to be addressed.
dave brat ▲ ● ▼		Yeah, good.
		About a minute to go till break, Rod.
		How do you fix it?
		What's the fix?
unidentified		Well, in Southern Baptist life, it's just being involved.
		We control all of our boards of trustees at the annual meeting by elections.
		So none of these people have to be there, and they can all be dumped if they need to go.
		Christians, in Southern Baptist churches in particular, need to turn out to the annual meeting every year, really every year.
		It's staggered, so it takes a few years to turn over a board of trustees.
		But it matters, and it's important.
		We steward $12 billion in giving every single year.
		That needs to be in the hands of the faithful.
dave brat ▲ ● ▼		Good. 45 seconds, Rod.
dave brat ▲ ● ▼		What's a Christian's place in the politics?
unidentified		The Christian's place is everywhere.
		You know, the idea that there's some kind of separation between government and God is just foolishness.
		Of course, the government should not be establishing churches.
		But churches should be involved in their civic life and in every sphere.
		And we absolutely have to get back to a culture where that's self-evident.
dave brat ▲ ● ▼		Great. That's Rod Martin.
		We're going to have him on many more times.
		Rod, stay with me after the break for a minute.
		I want you to share your full social media and how people can learn about what you're trying to share, not just for the Baptist Church, but for the entire Judeo-Christian West.
		Rod Martin, and we're going to break.
		Hold over with us.
		We've got a couple of great guests coming at you.
unidentified		We'll be right back.
unidentified		Here's your host, Stephen K. Bannon.
dave brat ▲ ● ▼		All right, welcome back to the War Room.
		Dave Bratt sitting in for the great Stephen K. Bannon.
		All political views are my own.
		We have Rod Martin in.
		He's going to give us his social media.
		Rod, any closing comments for a minute?
		How do folks reach you?
		And Rod is prolific, by the way.
		Every day he's putting out really good stuff.
		So Rod, share the links.
unidentified		Well, we'd love to have everybody come to rodmartin.org.
		That's rodmartin.org.
		We offer geopolitical, economic, and technological analysis every day in depth from a Christian worldview.
		There's nothing else like rodmartin.org on the internet, and you really want to be part of that.
		Rod, thanks for all you do for the church, for the Baptist, for the country.
dave brat ▲ ● ▼		God bless you.
dave brat ▲ ● ▼		Thanks for being with us.
unidentified		Thank you.
dave brat ▲ ● ▼		All right, folks.
		One of my longtime friends, one of, if not, I'm not saying this, right?
		You know I was in a severe fight up in the swamp.
		One of the people I relied on when it came to the immigration sphere is Rosemary Jenks.
		Rosemary, welcome to the program.
		Why don't you start off, tell us the organization you're with now, what you do, and then some of the bombshells you're working on right now.
rosemary jenks ▲ ● ▼		The Immigration Accountability Project.
		And we're a new organization.
		We need all the help we can get.
		Our website is IAProject.org.
		We are working to hold members of Congress accountable for their actions.
		We're trying to support the Trump administration in everything it is doing to seal the border and deport illegal aliens.
		We are also focused, however, on reducing legal immigration.
		And while I can tell you that the border numbers are down to historic lows, which is wonderful, and we're deporting criminal aliens despite the court orders that are trying to block this, we do, however, have a crisis on our hands with legal immigration, and especially for our high-tech workforce.
		American high-tech workers Are at their wit's end right now with the massive numbers of H1Bs and L1s and various other visas coming into the United States and taking American jobs.
		American STEM workers are actually Blocked from getting American jobs by the sheer number of these foreign workers.
		And I want to say to your audience that our friend Paul Gosar from Arizona has introduced a bill called, it's HR 2315, it's called the Fairness for High Skilled Americans Act.
		And what it would do is eliminate the OPT program.
		The optional practical training is a program that was created by Executive Fiat under the W. Bush administration.
		And it has no basis in law, but it allows hundreds of thousands of foreign graduates from American universities to get U.S. jobs.
		And employers are actually subsidized to hire these foreign students over Americans because they don't have to pay Social Security taxes for these students.
		So this is a government-subsidized program that displaces American college graduates.
		It is absurd.
		And so God bless Paul Gosar for introducing this bill, H.R. 2315.
		Please, please, please call your members of Congress and ask them to support this bill.
		This is the very least we need to do to stop the pipeline between foreign students and H-1B visas that are decimating our American tech workers.
dave brat ▲ ● ▼		Yep, very well said, Rosemary.
		Do you have that information posted on your website?
		And if so, tell people how they can find that piece with Paul Gosar.
		He's a great guy, a great friend of mine in Congress and a great leader on immigration.
rosemary jenks ▲ ● ▼		He's amazing.
		We have a member accountability page on our website that tracks every We also have fact sheets on our site about the OPT program and about the H-1B program and various other visas that are taking American jobs.
		We have to be clear here.
		We can't blame the foreign students or the H-1B visa holders.
		The blame lies squarely with Congress.
		Because Congress sets immigration law.
		Congress is the one who set up this system that is being exploited and abused to harm American workers, and it needs to end.
dave brat ▲ ● ▼		Yeah, I agree with you, Rosemary.
		I'm going to add a little caveat, because I was in there, too.
		So I blame the Congress folks who are voting terrible.
		They're not voting for the American people.
		They're voting for rich elites.
		Hold the American people responsible as well on this because they keep putting these elitist, terrible immigration policy folks in office.
		And so perhaps you could tell us a group that tries to hold these politicians accountable on immigration.
		Is there such a group out there?
rosemary jenks ▲ ● ▼		There is.
dave brat ▲ ● ▼		And how do you do it?
dave brat ▲ ● ▼		How do you do it?
rosemary jenks ▲ ● ▼		Yeah. It's called the Immigration Accountability Project at IAProject.org.
		And what we are doing is calling out members of Congress publicly for their votes.
		Good. Good.
		Just this week, several Republican members of Congress had a press conference with several Democrats to talk about the need to pass an amnesty.
		I mean, it is astonishing in this day and age that Republicans are still supporters of cheap labor.
		It's crazy.
		And yet these Republicans, Maria Salazar, was leading the way.
		And they want to pass amnesty because who's gonna mow your lawn?
		Who's gonna clean your toilets?
		I mean, it's the same old thing that, you know, who's gonna pick your cotton?
		This is crazy.
		Republicans should be doing better, and American voters have to hold them responsible.
		So our purpose is to make sure that you, the voters, know exactly what your member of Congress is doing so that you can tell them, no, this will not fly.
		We will not have this anymore.
		It's time to put American workers first.
		If America first means anything, it has to mean Americans first.
dave brat ▲ ● ▼		Yeah, spot on.
		And so, you know, if we get the information you just listed in the hands of the American people, I think they will vote the right way.
		It's like Steve always says, low-information voters.
		It's nothing against the workers.
		They're taking care of their family.
		They're shopping.
		They're doing sports with the kids.
		They're going to church.
		But we need to do a better job.
		How can the folks listening...
		Be force multipliers and spreading the word on your group.
		Can they write op-eds and share the basic information you have posted?
		How can they share it with people that may not watch The War Room?
rosemary jenks ▲ ● ▼		One of the best things that people can do is actually download the fact sheets that we have on our website on the resources page and share those.
		Because, you know, we need to educate more Americans on the damaging effects of what these visas actually do.
		And also, every one of the fact sheets has recommendations, both for the administration and for Congress, on how they need to fix these programs.
		So sharing that information is key.
		We also have a fact sheet on the entire leak.
		That shows all of the green card categories, the permanent legal residence, and also all of the temporary worker categories.
		And you will be astonished if you look at that page because there are far more guest worker programs than anyone ever thought.
dave brat ▲ ● ▼		Yeah, in closing, Rosemary, just give some of the gross numbers to motivate everyone.
dave brat ▲ ● ▼		Again, over the Biden years, how many illegals entered the country?
rosemary jenks ▲ ● ▼		Probably around 10 million entered the country.
		We have, right now, the foreign-born population as of January was almost, I think it was almost 48 million people at over 15%, which is the highest it has ever been, including at the turn of the 19th century during the Great Wave.
		We are now higher.
		We are at historic highs.
		No country.
		Has ever survived this kind of foreign influx without severe and often permanent damage.
		So it's time to bring this under control.
		It's time to reduce mass immigration.
		Mass immigration is a thing of the past.
		We need to recognize that and we need to protect American workers.
dave brat ▲ ● ▼		Yeah, and we're seeing the empirical evidence.
		I covered some of the economics across the board, but Europe is dying for this reason, cheap among them.
		And so I encourage everybody, if this is your issue, there's nobody better than Rosemary Jenk.
		She's an activist on Capitol Hill.
		When she comes to the offices...
		The folks squirm, right?
		They're busy taking checks, right?
		Half of them are busy taking checks all day and they're not held accountable.
		That's got to change, right?
		The only way that's going to change is if you, the American citizens, and I know you're overworked and Steve's got you manning the walls every day, right?
		I'm calling into the Congress and the Senators on the budget and all sorts of issues.
		But immigration is one of the big three, right?
		It's the endless wars, the budget, inflation, etc.
		And then immigration.
		It's in the top three concerns of the Trump agenda.
		And so please help out Rosemary.
		Rosemary, in closing, where do they get you one more time and how can they support you?
rosemary jenks ▲ ● ▼		IAProject.org is our website.
		All of our social media is linked through that.
		We're very active on Twitter and YouTube and Instagram and all of the others.
		So we hope that everyone will support us.
		Download the fact sheets, share them with everyone you know, and call your elected officials.
		This is our country.
		We have to save it.
		It's up to us.
dave brat ▲ ● ▼		Yep, and that will save the country.
		Rosemary, God bless you.
		Keep up the great work.
		Thanks for being with us.
rosemary jenks ▲ ● ▼		Thanks, Dave.
dave brat ▲ ● ▼		You bet.
		All right, folks, so we're going to do a couple ad reads.
		I kind of got derelict in my duties.
		I got rusty.
		I haven't been co-hosting the show enough.
		Debra, can you put up Birch Gold?
		Our good friends at Birch Gold, we got the gold guy coming in.
		Kevin Freeman's next up, and he's doing some great stuff for our country when it comes to gold in the States as a currency, a legal tender currency.
		Birchgold.com slash Bannon or text Bannon to 989898.
		You all know Phillip.
		He's been around on the war room forever.
		They are doing some great work.
		We don't give investment.
		Advice on the war room, but in times of instability, which we're living on, Birch Gold, you call them up, get their counsel on why gold can provide you some stability in these rough times.
		Also, Rickards, RickardsWarRoom.com.
		Make sure you look up Rickards.
		He's great on the economics and the geopolitics.
		Steve loves having him on as well.
		And finally, another one of our supporters every day is Jace Medical.
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		Get yourself prepared just in case.
		With that, we're going to my good friend for many, many years, friends of Rod Martin also, Kevin Freeman.
		He's got a book called Pirate Gold.
		Kevin, I'm just going to let you get right into it.
		What are you doing?
		What are the most important things you're working on that are going to help save this republic when it comes to gold?
		Kevin. Yeah.
unidentified		All right.
		Thanks, Dave.
		A couple of things.
		One is, Rod, yeah, I spent the weekend with him.
		I went to church with him.
		He's a great friend and a great guy.
		Rosemary, I watched her.
		I've known her for a long time as well.
		She's fantastic on immigration.
		Thank you for highlighting her excellent work.
		What we're working on is one of the top initiatives, which is inflation.
		And inflation comes not because prices are going up, but because the buying power of the dollar is going down.
		In my lifetime, just since I was 10 years old, the dollar has lost 90% of its purchasing power.
		And it's caused this incredible wealth gap that we're experiencing.
		I mean, if you threw a chart up with M2 and the top one-tenth of one percent of the wealthiest people in the world, you would see that they go in tandem.
		The more money we create, you're an economist, Dave, you know, the Cantillon effect, the more money we create, the people closest to the money being created tend to make money from it.
		But the average citizen get hurt by inflation.
		And so you see the bottom 50 percent, the bottom falling out.
		They've lost wealth over time.
		So that's.
dave brat ▲ ● ▼		Yeah, go slow.
		Go over that one main effect.
		When you said since you were born, you've lost 90% of your purchasing power.
		People are going to say he's exaggerating.
		What's the evidence for that?
		It is true.
		What's the evidence?
unidentified		Well, the Consumer Price Index.
		You can look at that.
		Or you can take a Hershey bar.
		When I was 10 years old, I bought a Hershey bar for a dime.
		Go buy a Hershey bar.
		It's going to be $2, $3.
		That's what's happened to our money.
		And it's on McDonald's cheeseburger.
		In the last five years, just think about this.
		In the last five years, the average cost per person at a fast casual restaurant in 2020 was about $10 a person, $40 for a family.
		Today, it's $60 for a family for $15 a person.
		By the way, During that same period, the gold has increased by an equal 50%.
		In fact, gold hit a new all-time high today.
		Gold protects purchasing power, and you can see that.
		If you put a chart up that shows the U.S. federal debt, and we're now almost $37 trillion, and then match it with the gold price over the same period, and while the gold will go up and down...
		Over the long term, it matches the trend line of the U.S. federal debt because we print too much money.
		When you print too much money, the net result is the value of that money goes down.
		So the article in the Constitution, the founders put Article 1, Section 10, and I'll read it.
		It says, no state shall make anything but gold and silver coin a tender and payment of debt.
		So I wrote the book Pirate Money to explain how a state can make gold and silver money.
		And one of the states, Utah, Passed a bill, HB 306, put it on the governor's desk.
		It was bipartisan legislation.
		I mean, it passed unanimously in the House and only four dissenting votes in the Senate.
		So it was 93 to 4 overall, bipartisan.
		Lots of Democrats, lots of Republicans.
		And you know what the governor did last night?
		He vetoed it.
		He vetoed it because he says he doesn't want Utah to be leading in this.
		He vetoed it and said he regrets last year's bill that Ken Ivory passed.
		Which said that the state Rainy Day Fund could invest in gold.
		Well, guess what?
		They did invest in gold at $2,300 an ounce.
		It's $3,100 an ounce today.
		And they've made all this money.
		And the governor regrets it.
		That's Governor Spencer Cox.
		If you're in Utah, get on the phones and call him and tell him that you disagree with that.
		And then call your Utah legislator.
		Tell him to override it.
		Because they should override it.
		This is the first bill in history that I know of that a majority...
		A unanimous vote from the party of the governor voted for something and then the governor vetoed it.
		I've never heard of anything like that before.
		It's just crazy.
		But we have bills in Kansas that have passed the Senate going to the House.
		That was Mike Murphy passed his bill.
		In Oklahoma, it's passed the House and it's going to the Senate.
		In Florida, it's in the middle of it.
		I'll be back in Florida meeting with the governor's staff and the Senate Banking Committee on Monday.
		I was there all last week.
		And in Texas, we just had a hearing in the Texas state affairs.
		And what this will do, if we pass this legislation, it'll make it possible for individuals to hold gold and silver as money and buy as little as a penny's worth or a million dollars or ten million dollars, hold it in the form of real gold that's vaulted and protected and defended, and then they can spend it with a debit card.
		All of this is explained in my book, Pirate Money.
		It works.
		The technology is here.
		The legislature wants it.
		They had a vote on this in Texas.
		They said, do you want this?
		And it received 76.5% of Texans voted in favor of 1.6 million Texans said, yes, I want that.
		And of the 23% that voted against it, we've talked to a bunch of them.
		They said, well, I just didn't understand it.
		I want that.
		I want to be able to spend gold and hold my money in the form of gold.
		Poor people can't normally buy gold.
	It's difficult to buy.
	With this, you could hold it like a checking account and spend it like a debit card.
	And you could have a dime's worth, $10, $100, $1,000.
	You could put $5 a week aside in gold.
	And you could have that preserving your purchasing power.
	This is the new form of money.
	We've taken it to the president.
	We got a thumbs up from him casually.
	We hope to get him to put an ex-post or tweet out that's saying we should do this.
	President Trump, if you're watching and you ought to be watching.
	This is a program you should do.
dave brat ▲ ● ▼		Yeah, so let's simplify this just to get so people can picture it, right?
		So over the Biden years, people lost about 20% of their purchasing power, right?
		9% in one year.
		Inflation was 9, then 5, 4, 3, 2, whatever.
		So 20% of their purchasing power.
		If you would have had gold and you had gold in an account...
		And then you're hooking up.
		Tell people that you can actually do this today.
		How do you make it transactional with that credit card?
		So you can hold gold, use that gold base as your currency, use your credit card to go make purchases.
		How does that work?
unidentified		Yeah, actually it's a debit card and there's a commercial application called Glent.
		I use Glent, but there are others, Knessus and others, that are developing this.
		Let's just imagine it's 2020, you take your family to dinner, and it costs you $40, and then you put some money in gold so that five years later you ought to be able to take your family.
		It took 1 50th of an ounce of gold to pay for your dinner in 2020.
		It takes 1 50th of an ounce of gold to pay for your dinner in 2025.
		So that's $60 or 1 50th of an ounce, $3,000 divided by...
		But here's the problem.
		If you do it using this commercial application, you've actually invested in gold, and then you have to pay capital gains tax on that sale or when you use it.
		Now, fortunately, your sponsor, Birch Gold, they've got ways you can avoid the taxes, putting it in IRA and so forth like that.
		But for spending money, you're going to have to pay tax.
		If you put a debit card offer together...
		Then you can just go spend it.
		You just take it on a MasterCard.
		I caught Marnie, my wife.
		She was buying stuff on Amazon.
		I said, why are you spending it on my gold card?
		It was being paid for in ounces of gold.
		It's easy.
		It's a debit card.
		It's easy to do.
		You can learn more at economicwarroom.com, transactionalgold.com.
dave brat ▲ ● ▼		That's it.
		Kevin Freeman, what he's saying is real.
		Get his book, Pirate Gold.
		He spent many years.
		I didn't introduce him properly.
		He's a long-time, ran major funds, expert in the field, good friend, ethical friend.
		So look at pirate money, Kevin Freeman.
		Thanks for being with us, Kevin.
		All right, folks, I'll be with you again soon.
		In the meantime, keep up the fight and share the war room with all your friends.

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