April 3, 2025 - Bannon's War Room
51:43
Participants
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| Speaker | Time | Text |
|---|---|---|
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unidentified
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Today, I think people on Capitol Hill feel the same way that finance ministers all around the world feel. | |
| It's a pepto-bismol. | ||
| Moment in the marketplace. | ||
| Finance ministers around the world are now holding on to their stomachs. | ||
| People at kitchen tables and at workplaces all across our country are holding on to their stomachs. | ||
| We're in one of the greatest wealth destruction days in the history of the world. | ||
| And up here on Capitol Hill, I think Republicans right now are thinking about popping bottles of champagne, but maybe popping bottles of Pepto-Bismol over the next few days to really determine I wouldn't go diving in and buying stocks tomorrow. | ||
| A bottoming in the stock market is a process, not a point in time. | ||
| You have to be really, really careful, if you're a trader, about when to get in and when to get out. | ||
| Alright, that is going to do it for us. | ||
| Down nearly 4% for the Dow. | ||
| For investors, what is your advice today? | ||
| Okay, whatever money you may need for the next 5 years, please take it out of the stock market. | ||
| Right now, this week, I do not believe that you should risk those assets in the stock market. | ||
| Even if you would take a tremendous loss in selling your stocks at this decline, you say take it out? | ||
| I don't care. | ||
| I do not care where stocks have been. | ||
| I care where they're going. | ||
| And I don't want people to get hurt in this market. | ||
| But if you need it after five years, then don't touch it. | ||
| Well, yes. | ||
| If you have that much flexibility, I'm worried about unemployment, I'm worried about your purchases that you may need. | ||
| I can't have you risk that in the stock market for the next five years. | ||
| Very dramatic statement, Jim. | ||
| Very dramatic statement. | ||
| I thought about this all weekend. | ||
| I did not want to say these things on TV. | ||
| Mm-hmm. | ||
| I don't want to say. | ||
| What is coming that makes you say that? | ||
| I believe that we could have as much as a 20% decline in the stock market. | ||
| If you can withstand that, of which most people can't, then I think what you have to do, if you can withstand it, is just ride it out. | ||
| For too long, a small group in our nation's capital has reaped the rewards of government while the people have borne the cost. | ||
| Washington flourished. | ||
| But the people did not share in its wealth. | ||
| Politicians prospered, but the jobs left and the factories closed. | ||
| The establishment protected itself, but not the citizens of our country. | ||
| Their victories have not been your victories. | ||
| Their triumphs have not been your triumphs. | ||
| And while they celebrated, In our nation's capital, there was little to celebrate for struggling families all across our land. | ||
| That all changes starting right here and right now, because this moment is your moment. | ||
|
unidentified
|
It belongs to you. | |
| It belongs to everyone gathered here today and everyone watching all across America. | ||
| This is your day. | ||
| This is your celebration. | ||
| And this, the United States of America, is your country. | ||
| applause What truly matters is not which party controls our government. | ||
| But whether our government is controlled by the people January 20th 2017 will be remembered as the day the people became the rulers of this nation again The forgotten men and women of our country Will be forgotten | ||
| no longer. | ||
| This is the primal scream of a dying regime. | ||
| Pray for our enemies. | ||
|
unidentified
|
Because we're going medieval on these people. | |
| You're not going to free shot all these networks lying about the people. | ||
| The people have had a belly full of it. | ||
| I know you don't like hearing that. | ||
| I know you've tried to do everything in the world to stop that, but you're not going to stop it. | ||
| It's going to happen. | ||
| And where do people like that go to share the big line? | ||
|
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. | ||
|
unidentified
|
War Room. | |
| Here's your host, Stephen K. Babb. | ||
| Thursday, 3 April, Year of Our Lord 2025. | ||
| I wanted to have some history. | ||
| I may pull Jim, so we had Jim Cramer in the meltdown of 2008. | ||
| Remember, Cramer went on TV, completely unprofessional, said, if you need any cash the next five years, I'm not panicking, but you should sell everything you've got. | ||
| That's what they tried to do today. | ||
| Katie Turrer, at the end, we showed you, Katie Turrer did her entire hour on the New York Stock Exchange floor. | ||
| Trying to elicit people to say, oh, this is a panic, this is terrible. | ||
| Every leading question. | ||
| And in back of her, it's dead quiet. | ||
| It's a snooze fest on the floor of the stock exchange. | ||
| Now, some of that is how they trade stocks today. | ||
| But they're certainly not a panic. | ||
| They're trying to elicit a panic. | ||
| And what's fascinating, someone like Katie Turr, who's never cared about capitalism, never cared about the stock market, Katie Turr doesn't know the difference between preferred stock and livestock. | ||
| And this bimbo is on the floor and she's trying to, they're trying to cause a panic. | ||
| One of the great treats, I think, from Bad Hombre. | ||
| They said they've gone from the, you know, the panic of the terrorist gangsters not getting their due process rights to now the panic of hedge fund managers. | ||
| Poso's in the studio here. | ||
| Jack's been out and about all day. | ||
|
unidentified
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A little bit. | |
| White House and other places. | ||
| Julie Kelly's gonna join me at 6. She's been over in Bosburg. | ||
| Just taking the tour. | ||
| She's taking her Bosburg. | ||
| I thought I gave you the tour the first term. | ||
| You were getting over there all the time touring. | ||
| I give a big shout out to you guys today. | ||
| Steve Cortez is with us. | ||
| Cortez, I want to go to you first. | ||
| Give me the analytics. | ||
| There has been a sell-off, but it's an orderly sell-off because, hey, You heard it. | ||
| He's trying to restructure and I want to go back and I thank Alex Brusilowitz for this. | ||
| It's his great tweet that our own Elizabeth picked up. | ||
| Alex put that up on New Year's Eve, I think of 24, going down memory lane. | ||
| But that gets back to the core of what President Trump ran for, why he won in 16, what he's trying to accomplish. | ||
| This is what he's done over the last 24 hours is the core of the man to restore the strength to America of becoming a manufacturing superpower. | ||
| Again, Steve Cortez, give me some analytics. | ||
| Is Katie Turb right? | ||
| Is this a complete meltdown? | ||
| Is this should cause panic? | ||
| If you have any stock and you need cash in the next five years, like Kramer said, should you sell? | ||
| No, as usual, Katie Turner is completely wrong, and you're right. | ||
| It is simply not believable in any sense that she has suddenly become an Ayn Rand capitalist. | ||
| I mean, please, alright? | ||
| Anybody can see through this ridiculous facade. | ||
| And regarding Jim Cramer, by the way, I like him. | ||
| Nice guy. | ||
| Worked with him for many years at CNBC, but he is constantly wrong. | ||
| There is a reason that Inverse Cramer is one of the more popular financial accounts. | ||
| On social media because if you do the opposite of what Kramer says, for the most part, you're going to be very wealthy. | ||
| And very prosperous. | ||
| And you're exactly right, Steve. | ||
| That's going all the way back to 2008 until right now. | ||
| So, corporate media, though, of course, is giving him his time in the sun right now. | ||
| Why? Because he's a liberal New York Democrat who is saying, panic, pull your hair out. | ||
| So, let's talk about the reality of today. | ||
| And I say this as somebody who traded for the biggest hedge funds in the world for 25 years on Wall Street. | ||
| It was a bad day, okay? | ||
| No way we can't shine a sneaker. | ||
| It was a bad day, down almost 5% on the S&P. | ||
| Most of the action was overnight. | ||
| So to your point, the trading session wasn't really that frenetic today. | ||
| It just wasn't. | ||
| Most of the downdraft happened in the after hours starting yesterday and the overnight session into today. | ||
| But it was entirely orderly. | ||
| And I'm not trying to diminish the losses, but the point is, it was orderly. | ||
| And also, before I get to the restructuring part, I think perspective is really important here. | ||
| So I provided and I did this last minute. | ||
| I hope they have it ready. | ||
| If they have chart one ready, I want to show the S&P over a long time frame. | ||
| If we can show that over a decade. | ||
| Okay, so that is the S&P 500. | ||
| SPY is the ETF, the exchange traded fund for the S&P 500. | ||
| As you can see, it's had a magnificent decade. | ||
| And if you look at that chart at the most recent part, the upper right corner, yes, it's had a downdraft. | ||
| Is it that material in the context? | ||
| It has been because people continually want to buy America. | ||
| No, it's really not very material. | ||
| So I think that's important for us. | ||
| You'll never see this kind of context, by the way, from the corporate media, even from the financial press, Places like CNBC. | ||
| But more importantly than what the market did today, Steve, is what Donald Trump is doing in terms of trying to re-industrialize this country, and in doing so, to reinvigorate the great American working class, to rebuild a great American middle class that has been absolutely hollowed out by the globalists. | ||
| We have, unfortunately, Steve, an economy in this country that has really been built on two premises, two false foundations. | ||
| The first is offshoring. | ||
| Now tariffs, by the way, addresses Both of those problems concurrently, right? | ||
| Because it compels on-shoring back to the United States. | ||
| If you don't want to pay these onerous tariffs, the best way around them, you set up shop right here in the United States of America. | ||
| Whether you're an American company or a foreign company, it doesn't matter once you set up here in the United States on-shoring to reinvigorate Main Street, small businesses in this country, not the globalist multinationals. | ||
| And then on the debt front, we know that most of this $36 trillion of debt that we have incurred absolutely We also need to cut spending, of course, but what's the best way for us to raise revenue? | ||
| It's to raise it from foreigners. | ||
| And why can we get away with that, Steve? | ||
| Because we are the United States of America, and because of centuries of entrepreneurs and hard-working men and women, we have built the crown jewel consumer market, the envy of the world, that every country and every company on earth is pining for access to. | ||
| And because of that reality, we may not always have that, right, if we don't institute these reforms, but because we have earned that status and that premier elevation among consumer markets in the world, we can charge a premium. | ||
| You've said this many times, it's a good analogy, the theater or a sporting event, we have the box seats, you charge the most for the best seats. | ||
| So it just simply makes sense. | ||
| It alleviates these twin problems of offshoring, which has crushed American communities, led to deaths of despair, led to Absolutely, And then it also, on the other hand, this unsustainable debt problem, it vastly improves our debt situation and our debt ratio. | ||
| So to me, this transformation, it can be painful. | ||
| because the country had become addicted to offshoring and to constant public financing, okay? | ||
| Not a healthy addiction, right? | ||
| making addictions at times can be painful. | ||
| So we're seeing some of that consternation right now. | ||
| Now let's not exaggerate the pain, but the point is There is a place of prosperity. | ||
| There's a place of societal cohesion, of patriotism, of shared and dispersed prosperity throughout this country. | ||
| That place lies on the other side of this process, and we must go through it. | ||
| And I so commend President Trump for doing this. | ||
| He's talked about it for decades. | ||
| He was talking about it as a private citizen for decades before he got into public life. | ||
| These are some of the most consequential economic reforms in American history, in all of American history, and I would argue they're probably the most So, bad day, the worst was overnight when they first heard it, because people didn't believe he was going to do it. | ||
| They actually didn't believe it. | ||
| You've seen the market yesterday. | ||
| President Trump did it overnight, responds today. | ||
| Not too shabby, right? | ||
| We're going to be a couple days to get through here. | ||
| The one thing that's going to drive any kind of, I'm not saying panic selling, But dumping of stocks is the left media is all over. | ||
| They think this is what takes President Trump down. | ||
| This is how much they hate this country. | ||
| You haven't heard him once say anything about working men and women. | ||
| This is the credentialed class. | ||
| You saw Katie Turr. | ||
| Is there a bigger joke than Katie Turr being on the floor of the New York Stock Exchange? | ||
| I mean, that's laughable. | ||
| That is laughable. | ||
| That is there. | ||
| They're there in all her questions. | ||
| Oh, isn't this terrible? | ||
| How bad is this? | ||
| And they have people like, well, come back, Cortez. | ||
| I know you work with Steve Leesman. | ||
| What a beauty that is. | ||
| You know, a left-wing hack that all he's doing is dumping on President Trump all day. | ||
| We're gonna take a short commercial break. | ||
| Pozo's in the house! | ||
| The Great Deal? | ||
| Is that what you call it, Pozo? | ||
| The Great Deal. | ||
| That's what we have coming for us. | ||
| You refer to this as the Great Deal. | ||
| The Great Deal. | ||
| We had the New Deal, the Square Deal, the Fair Deal. | ||
| We had the Great Society. | ||
| Now we have the Great Deal. | ||
| The Great Deal. | ||
| Under the leadership of President Trump. | ||
| Short commercial break, Johnny Connell take us out. | ||
| We're going to be back in a moment in the war room. | ||
|
unidentified
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We're going to be back in a moment. | |
| What is your advice today? | ||
| Okay, whatever money you may need for the next five years, Please take it out of the stock market right now, this week. | ||
| I do not believe that you should risk those assets in the stock market. | ||
| Even if you would take a tremendous loss in selling your stocks at this decline, you say take it out? | ||
| I don't care. | ||
| I do not care where stocks have been. | ||
| I do not care where stocks have been. | ||
| I care where they're going. | ||
| And I don't want people to get hurt in this market. | ||
| But if you need it after five years, then don't touch it. | ||
| Well, yes. | ||
| If you have that much flexibility, I'm worried about unemployment, I'm worried about your purchases that you may need. | ||
| I can't have you risk that in the stock market for the next five years. | ||
| Very dramatic statement, Jim. | ||
| Very dramatic statement. | ||
| I thought about this all weekend. | ||
| I did not want to say these things on TV. | ||
| I don't want to say. | ||
| What is coming that makes you say that? | ||
| I believe that we could have as much as a 20% decline in the stock market. | ||
| If you can withstand that, of which most people can't, then I think what you have to do, if you can withstand it, is just ride it out. | ||
| That was back in 2008. | ||
| That was NBC Today show. | ||
| They were in shock. | ||
| That caused massive selling because, don't get me wrong, 2008 was 50 times worse. | ||
| That was a total collapse because of corruption and incompetence. | ||
| President Trump has thought this through. | ||
| This is a reordering of the world economy so that American working men and women don't have the whole weight on their shoulders and are getting screwed the entire time. | ||
| This is Trump. | ||
| More so than the border kind of came up, you know, in those years in like 14 and 15 because what was happening with Obama, the amnesty that Bush tried to do, of course the Iraq wars. | ||
| This is Trump from the beginning he would watch Lou Dobbs when he first started coming on doing interviews as a private citizen, but about Things that were not about media or New York City because he was a huge celebrity in New York City in the 80s and 90s when they would have him on shows and talk about things of Substance because people were talking even then hey would this guy run to be president this guy? | ||
| A guy that's going to be a reformer. | ||
| He would always go and talk about trade, talk about American workers getting screwed, talk about factories being shipped. | ||
| This is Trump to his core. | ||
| That's why that speech yesterday, he walked in and owned that. | ||
| I mean, it's one of the most eloquent speeches he's done. | ||
| Very powerful, to the point. | ||
| That's what I want to go back and play. | ||
| Some of the best moments from the first inaugural because that's Trump. | ||
| What you're seeing is pure Trump and he's not going to back off this. | ||
| I think he told people today, don't be putting the word out there. | ||
| I'm open for negotiation. | ||
| The whole, they're lined up around the corner, right? | ||
| They all want to come and talk just like the law firms, just like the universities. | ||
| Trump's saying right now, eh, let it simmer. | ||
| On, on human events earlier today, we had, uh, we had Harrison Fields on from the press office and I asked him that question. | ||
| I said, well, what about the negotiations? | ||
| He said, Jack, There's no negotiations. | ||
| This is not negotiation tactic. | ||
| This is policy. | ||
| This is policy of the White House. | ||
| Day one policy. | ||
| He ain't budging on this. | ||
| This is going to be the policy going forward. | ||
| And I said, so it's a great deal? | ||
| It's the great deal. | ||
| Tell me about Influencers, MAGA. | ||
| Is the Great Deal resonating with the base? | ||
| People are liking it. | ||
| I'm starting to see people pick it up more. | ||
| I'm starting to see people use it because... | ||
| And by the way, the Great Deal isn't just about the tariffs, right? | ||
| You have to put everything together. | ||
|
unidentified
|
The whole package. | |
| It's the tax breaks, it's economic... | ||
| the energy independence. | ||
| The deportations. | ||
| It's the deportations. | ||
| The sealed border no more. | ||
| So the whole thing is... | ||
| We've never really had a... | ||
|
unidentified
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It's a package deal. | |
| We've never had a brand name for the whole thing yet to kind of put on it. | ||
| It's Trump, it's populism, and we sort of... | ||
| And then you get into the arguments. | ||
| It's a good show. | ||
| Go back to the history of it, right? | ||
| 2008, this is how the Tea Party gets started. | ||
| And what started the Tea Party? | ||
| The bailouts. | ||
| And Santilli, Rick Santilli, and it was Wall Street that got the bailouts in 2008. | ||
| It was Wall Street that got bailouts during COVID. | ||
| So all of this gets wound back to the global financial crisis of 2008. | ||
| That's when the stock market, the print got floated by the false printed money of the Federal Reserve. | ||
| So all this funny money has been running around our system for over a decade at this point. | ||
| And by the way, it was going to come to a halt with the debt ratio being where it is on its own. | ||
| We were headed for some very, very choppy waters after Biden did what he did for his four years. | ||
| You talk about this every day on the show. | ||
| So there was going to be a correction one way or another. | ||
| What President Trump is doing, he's saying, I'm going to be the correction. | ||
| And instead of a bailout for Wall Street this time around, how about a bail in for the American worker and the American people? | ||
| And it's kind of like we were joking about on the show, Steve. | ||
| I said, it's like we've been skipping leg day. | ||
| We've been skipping leg day. | ||
| We've been skipping leg day. | ||
|
unidentified
|
We're skipping leg day. | |
| We've got the sugar high. | ||
| We're skipping leg day. | ||
| No more. | ||
| No more. | ||
|
unidentified
|
Hold it. | |
| We've got President Trump on Air Force One. | ||
| President Trump's heading down to Doral. | ||
| I think the Live Golf Championship or the... | ||
| He's got a dinner tonight for that. | ||
| Is that because it's the week before the Masters and these guys all come in, the Live players. | ||
| President Trump's also working on that deal to put the two tours together. | ||
| Let's go and play it. | ||
|
unidentified
|
A company to run, or a number of companies to run. | |
| That he can do this, that he can find the time. | ||
| He loves the country, that's why he does it. | ||
| But, we're in no rush. | ||
| But there'll be a point at which time Elon's gonna have to leave. | ||
| I would make a few months. | ||
| Even when Elon leaves, it goes back to being CEO. | ||
| Will Doge stick around in some kind of capacity? | ||
| Yeah, it'll still doze, doze yourself, yeah. | ||
| At some point, just so you understand, I don't want to get it wrong, I want Elon to stay as long as possible. | ||
| Number one, I like him. | ||
| Number two, he's doing a great job. | ||
| Number three, he is a patron, that's why he's doing this. | ||
| And he's, you know, it's very costly for him. | ||
| But I want him to stay as long as possible. | ||
| But there'll be a point where he's going to have to leave. | ||
| And when he does, the secretaries will take totally over. | ||
| And Doge will stay active. | ||
| We have a lot of smart people. | ||
| A lot of those people, I believe, are going to go into the agencies. | ||
| And they'll work on it from the inside. | ||
| You mentioned auto companies that you've been speaking with. | ||
| Have you spoken to any executives today? | ||
| I don't want to say who, but I speak to a lot of the auto executives. | ||
| But we have much more than autos. | ||
| We have chips coming in. | ||
| We have steel coming in. | ||
| The steel factories are opening up and expanding at levels that people have not seen also. | ||
| Tell us a little bit about your meeting with Laura Loomer and Mike Waltz today and how that came about. | ||
| So, Laura Loomer is a very good patron. | ||
| She is a very Strong person. | ||
| And I saw her yesterday for a little while. | ||
| She makes recommendations of things and people. | ||
| And sometimes I listen to those recommendations, like I do with everybody. | ||
| I listen to everybody and then I make a decision. | ||
| But I saw her yesterday. | ||
| She was at the ceremony. | ||
| And she'll always have something to say. | ||
| Usually very constructive. | ||
| What did she recommend? | ||
| She recommended certain people for jobs. | ||
| Adding to the administration, but not firing? | ||
| Did she have anything to do with the NSC aides who were ousted? | ||
| Do you know how many, sir? | ||
| Do you know how many from the NSC? | ||
| Five? A dozen? | ||
| Who did Laura recommend hiring? | ||
| Well, I don't want to say that, but she's recommended some good people over the years. | ||
| She's been in the party a long time. | ||
| She's done a good job. | ||
| Do you trust your national security staff is doing what you want them to do? | ||
| We've done very well. | ||
| We've had big success with the Hooties, as you probably know. | ||
| Nobody's been able to do it like us. | ||
| They were shooting the boats out of the water. | ||
| They were sinking ships. | ||
| That's what they want to do. | ||
| They're getting a big charge out of sinking ships. | ||
| Unfortunately, they're associated with Iran very closely, so they have to stop that. | ||
| But we've hit them very hard, and we've been hitting them very hard. | ||
| I did. | ||
| I did. | ||
| And I would say this. | ||
| I guess there's two sides to it, right? | ||
| It's a little controversial. | ||
| I don't know why it's controversial. | ||
| I think she's great. | ||
| Anna. I think that's... | ||
| And I'm gonna let the speaker make the decision, but I like the idea of being able to, if you're having a maybe, I think you should be able to call in and vote. | ||
| I'm in favor of that, but I understand some people aren't. | ||
| I'm not involved in the issue, but I did, I spoke to Anna yesterday. | ||
| People feel strongly about it and I would agree with it. | ||
| I think it's better if we have direct talks. | ||
| I think it goes faster and you understand the other side a lot better than if you go through intermediaries. | ||
| They wanted to use intermediaries. | ||
| I don't think that's... | ||
| Not necessarily true anymore. | ||
| I think they're concerned. | ||
| I think they feel vulnerable. | ||
| And I don't want them to feel that way. | ||
| And I think they want to meet. | ||
| Yeah. Iran. | ||
| They're talking about Iran. | ||
|
unidentified
|
Yeah. I know for a fact. | |
| I think they'd like to have direct talks. | ||
| No. I just think they... | ||
| I'm just telling you, I think they want to have, forget about letters, I think they want to have direct talks. | ||
|
unidentified
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When can that happen? | |
| On Pete Hegseth and this IG investigation, do you want to weigh in on that? | ||
| What is it? | ||
|
unidentified
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There's an IG investigation into the Secretary of Defense's use of the Signal app. | |
| Oh, is that, you're bringing that up again? | ||
| Don't bring that up again, you're editors probably. | ||
| That's such a wasted story. | ||
| So what else? | ||
|
unidentified
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Chinese farmland. | |
| Do you have some plans for Chinese ownership of farmland in the U.S.? | ||
| Oh, we look at that all the time. | ||
| And look, I have a very good relationship with China and with the President. | ||
| I have a lot of respect for President Xi. | ||
| So, you know, we look at that all the time. | ||
| Farmland. It's been an issue for years. | ||
| People have talked about it for years. | ||
| But I have a lot of respect for China and I have a lot of respect for President Xi. | ||
|
unidentified
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When's the last time you talked to President Xi? | |
| It doesn't matter when, when I speak to him. | ||
|
unidentified
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Have you talked to Zelensky recently? | |
| Not too long ago, yeah. | ||
|
unidentified
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How does that go? | |
| Good. I think he's ready to make a deal. | ||
|
unidentified
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No progress, though, other than that? | |
| I think a lot of progress. | ||
| No, he's ready to make a deal, and I think that President Putin is ready to make a deal. | ||
| then you'll stop the killing of thousands of young people a week. | ||
|
unidentified
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Did Kirill Dmitryev say that to his counterparts in the US? | |
| Who? Kirill Dmitryev, the Russian negotiator that's in I don't talk about specific people. | ||
| I just want to tell you that there's a lot of good conversation going on about Ukraine and Russia. | ||
| Sir, have you given your approval for the UK's deal over the Chagos Island that Prime Minister We're talking to the Prime Minister about it, and we'll see how that turns out. | ||
| We have a very good dialogue going. | ||
| And I think he was very happy about how we treated them on tariffs. | ||
|
unidentified
|
Sir, a lot of people were upset about how they're the Daily Mail. | |
| A lot of people were upset today about how their 401 s were doing. | ||
| Do you have investments when you look at them? | ||
| The markets are going to boom. | ||
| We've got to give it a little chance. | ||
| But we're taking in jobs, and we're taking in industry, and we're taking in trillions of dollars. | ||
| I think our markets are going to boom. | ||
| We've got to give it a little bit of time. | ||
| But they've already started construction on numerous plants. | ||
| Soon it will be many, many plants. | ||
| All over the country, they're going. | ||
|
unidentified
|
And so you've got to give that a little time. | |
| I haven't checked my phone. | ||
|
unidentified
|
Thank you very much But one thing I like is interest rates going down you see that happening You know what's beautiful is Interest rates go down. | |
| I like I like groceries going down. | ||
| I like eggs going down if you look at it Very importantly the gasoline prices are going down a lot of good things happen Thank you very much. | ||
|
unidentified
|
Thank you for your time, Mr. | |
| President. Thank you, sir. | ||
|
unidentified
|
Appreciate it. | |
| Thank you. | ||
| Good night. | ||
| Okay, there's the president right there taking all questions. | ||
| Jack Pasovic, any news? | ||
| Laura Loomer took out three or six members of the National Security Council. | ||
| Three that I heard from originally, and you know, I read about that in the New York Times when it came out. | ||
| I think Axios maybe originally had the story. | ||
| People had different pieces of it. | ||
| And, uh, you know, this is nothing that, you know, obviously came out of the, you know, I think the, the, the signal situation, the signal chats and... | ||
| Which the president just blows off, right? | ||
| That's not interesting. | ||
| Let's move on. | ||
| But the president, yeah, the president, he said that a couple... | ||
|
unidentified
|
It's a boring story. | |
| He said that a couple times where he said, that's a boring story. | ||
| You don't want to, you don't want to hear the boring story. | ||
| That's boring. | ||
| We're not going to talk about that. | ||
| And then he, and then he moves on because remember, this has been, so this is, this, look, this is a no-scout policy, but... | ||
| No-scout. | ||
| But, maybe some mini-scalps. | ||
| And one-third are the political appointees, people that the president can bring in. | ||
| So it's basically 30 to 50 political, but the Seb Gorkas, the Walters. | ||
| The vast majority are detailees. | ||
| Detailees, yes. | ||
| And you manage those detailees, and they bring the resources of those departments. | ||
| The people they've gotten rid of, though, were, I believe, political appointees, not detailees that were not sent. | ||
| Well, I'll have to find out. | ||
| I know there's a list of detailees. | ||
| We had a list. | ||
| Of, you know, put together by Sergeant Higgins, I think was like 150 people should go back because the detailees were all Obama and Bush. | ||
| Yep. And Sergeant Higgins, of course, McMasters did not implement that. | ||
| Hang on one second. | ||
| Steve Cortez has got another clip. | ||
| Let's play the clip and Steve will bring you back in. | ||
| Any other thoughts you've got today? | ||
| Because those are the questions that are bombarding the president. | ||
| He's saying, hey, I'm talking to executives, talking to automotive executives. | ||
| Everything I'm hearing is going to everything's going to work out. | ||
| Steve Cortez is going to play the clip. | ||
| Patriots, do you think that we should be a country that makes things again? | ||
| Should we be a society where a family can thrive on a single income? | ||
| Well, we can never reach those goals unless we get trade policy correct. | ||
| And tariffs are a huge part of that new agenda of patriotic populist nationalism. | ||
| Steve Cortez, explain that for me. | ||
| We can't get the economy right till we get trade policy right? | ||
| What do you mean by that? | ||
| That's exactly right. | ||
| Because again, too much of the economy for decades has been predicated upon offshoring and massive, exorbitant, unsustainable debt. | ||
| And what I promoted there and communicated in that video and an article I wrote on it as well is that President Trump is doing something daring here, right? | ||
| And he is challenging America to dream about something big. | ||
| For example, let's reclaim a prosperity that we used to have in this country where a family could thrive on one single middle-class income. | ||
| We've completely left that economic realm, and we hardly even talk about it, but President Trump is saying, here's how we get back there. | ||
| By reindustrializing the United States, by making sure that we make things in this country again, and by making sure that we are not abused by predatory trade practices from any other country, particularly China, but even from our supposed friends, that we are not going to be abused again. | ||
| And by the way, I think President Trump, you made this point earlier, Steve, it's so important. | ||
| President Trump's whole life really If you look at it has been leading to this moment because you're right he's done some incredible things on the border some incredible things on the culture on pro-life a huge list of material accomplishments but his signature issue if you go back all the way to when he first became a public figure all the way back to the 1980s his signature issue has been trade and has been the way America has been abused in And by the way, | ||
| Steve, public confession here, I speak about this with the zeal of a convert because I used to be a Wall Street Republican. | ||
| I used to believe in that nonsense of so-called free trade until Donald Trump came along in 2015 and opened my eyes and I think opened a lot of people's eyes and said, wait a second, we don't have free trade. | ||
| We never have. | ||
| It's been managed trade and mostly managed against the interests of working class Americans and in favor of the Chinese Communist Party and in favor of American plutocrats and American oligarchs Yeah. | ||
| United States. | ||
| So he has been working toward this in many ways his entire life. | ||
| This is a | ||
| Yeah. We're good to | ||
| go. We have an advantage that no other country in the world has. | ||
| We've earned that advantage. | ||
| It's not luck. | ||
| We earn the advantage of being the crown jewel consumer market in the world. | ||
| And when everyone is dying to get into your section of the theater, your part of the stadium, you charge a premium. | ||
| That is what Donald Trump is starting to do. | ||
| And I think it's also important for us to telegraph, you know, as Jack was saying, that these aren't just negotiation ploys. | ||
| No, this is policy, okay? | ||
| This should be permanent. | ||
| We should have been doing this We've been doing this for decades. | ||
| We did it for many, many decades in our history. | ||
| We should have been doing it in our recent history. | ||
| We're going to do this going forward. | ||
| You have to pay a premium to get in here. | ||
| You will not abuse American workers. | ||
| And if you want access to this market, the best way to do it is employ Americans, invest here, buy American real estate, American CapEx, make your products here, and then the tariffs are irrelevant to you. | ||
| A couple of days, at least, of choppiness, and particularly as the left. | ||
| The left is trying to spur a panic here. | ||
| A couple of days of Steve Leesman and these guys on CNBC trying to goat on people dumping their stocks, dumping their bonds. | ||
| Sir, do you expect that the next couple of days? | ||
| You know, let me give you a word about Steve Leesman. | ||
| Since I mentioned before, I worked at CNBC for a long time and had great years there. | ||
| Steve Leishman has worked his entire career in journalism. | ||
| He went to Columbia Journalist School, then took his Ivy League Journalism degree and worked in journalism as a dutiful stenographer and PR agent for the American establishment. | ||
| So when he talks about financial markets, he's not somebody who, like me, traded in the Chicago options markets, dealt with the Chicago pits with some of the wildest forms of capitalism possible. | ||
| He's not somebody who managed money. | ||
| He's not somebody who took risk. | ||
| He's not somebody who assigned paychecks. | ||
| He simply pontificates his ridiculous leftist defenses of the ruling class prerogatives in this country. | ||
| That's the reality. | ||
| And to answer your question directly, are they trying to gin up fear and panic? | ||
| 100% they are. | ||
| Why? Because they hate Trump more than they love this country. | ||
| They despise Trump more than they care about the prosperity of their fellow Americans. | ||
| That is the reality here. | ||
|
unidentified
|
So to all the deplorables out there, please, Don't fall for it. | |
| I'm not saying things aren't volatile. | ||
| Of course there's volatility in the market. | ||
| I'm not saying this wasn't a bad day. | ||
| It was absolutely a bad day in the market. | ||
| I'm saying keep perspective, put things in context, in broader context, and then also focus on where we are headed. | ||
| Now, because we painted ourselves into an awful economic corner, it doesn't mean that getting to that place of re-industrialized America and mainstream prosperity, it's not easy. | ||
| It's us. | ||
| It's President Trump with lieutenants like Scott Besant. | ||
| Talk about somebody who has managed money, who knows about interest rates, who knows about bonds. | ||
| He's one of the most successful bond traders in the world, now managing the bond portfolio of the United States. | ||
| And President Trump mentioned this as well on the plane. | ||
| One of the few silver linings of this market volatility lately is that money has come into bonds. | ||
| And when money comes in and buys bonds, it means interest rates go down. | ||
| So our debt obligation is, while still The 10-year Treasury? | ||
| Getting closer to four. | ||
| Yes. So it's going to be choppy for a couple of days. | ||
| People got to stick with it. | ||
| Cortez, where do people go on social media to get these videos you're making, these films, everything about the American worker, this new group? | ||
|
unidentified
|
Thank you. | |
| All of my documentaries, my articles, everything at CortezInvestigates.com. | ||
| Cortez with an S. CortezInvestigates.com. | ||
| And on X, I'm at CortezSteve. | ||
| Thank you so much, Steve. | ||
| Appreciate it. | ||
| Thank you, Jeff. | ||
| Brother Cortez, good report from the pits. | ||
| Cortez was in the pits in Chicago with Santelli. | ||
| Rick Santelli, that's a real American. | ||
| You have news to report, do you not, Jack Posobiec? | ||
| President Trump, he says there on the clip as well from Air Force One that they asked him how long And President Trump says this is a two year process. | ||
| So that's in line with what we've been reporting out on human events as well about how this is not some ploy. | ||
| This is not him doing the art of the deal, which, of course, a lot of people seem to think, oh, he's just getting people to the table. | ||
| This is the opening bid. | ||
| And, you know, even even Secretary Best said, don't worry, don't worry. | ||
| Come in and say, look, no, no, no. | ||
| And how has President Trump portrayed it? | ||
| It's an operation. | ||
| It's an operation. | ||
| The patient is doing well. | ||
| Let's go back to Cortez's point. | ||
| But it's going to take time. | ||
| This is to the core of the man. | ||
| This is what he's believed when he first started thinking about public office and started thinking about Something bigger than New York City real estate something bigger than himself He was focused from the very beginning on the country on blue-collar workers on the heart of the country This is a guy that came from Queens. | ||
| Remember you got first time he got involved in sports was in football, right? | ||
| This is he's he's he's really a throwback to the Mad Men era You look at Trump you think of this Frank Sinatra. | ||
| He came up in that era. | ||
| This guy Yes. | ||
| as a manufacturing superpower and how those workers, how New York City was a manufacturing superpower back in those days, back after the war, 50s and 60s, before the jobs left. | ||
| This is to the core of him, is it not? | ||
| Well, and even before that, New York City was the focal point from the Erie Canal where all the Erie cities would come down through the Erie Canal. | ||
| You'd stop in New York City. | ||
| That's what built Wall Street because it became the financial capital for all of the exports. | ||
| Those Dutch trading right there where the dumb mix and the Polacks were working the stevedores. | ||
| But this is the whole idea. | ||
| We don't even realize why New York City is New York City, why Wall Street exists. | ||
| So you had to have the financial trade there to be able to come in and purchase and sell those exports that were coming out. | ||
| It was because of the Great Lakes cities. | ||
| And those Great Lakes went to the Ohio Valley. | ||
| They wanted to get into the heartland of this country. | ||
| That's what got you across the Appalachians, across the Erie Canal. | ||
| That's why the manufacturing is there. | ||
| It's all based on the waterways. | ||
| If you just understand the waterways, this can all come together. | ||
| But nobody teaches any of this stuff anymore. | ||
| Why do the Houthis matter? | ||
| Why does the Red Sea matter? | ||
| Why does the Panama Canal matter? | ||
| Why does Greenland matter? | ||
| Why do the Great Lakes matter? | ||
| All of it, it's just waterless. | ||
| Why is the vast Pacific? | ||
| The vast Pacific matter, the island chains. | ||
| The three island chains, the heartland of this nation. | ||
| Donald Trump understands it. | ||
| Folks, what Trump is doing, and this is what crushes all these people that criticize him all the time. | ||
| It's a geo-economic and geo-strategic reset that is literally the most and biggest thing since World War II. | ||
| Yes. Which was a culmination. | ||
| World War II either ended or was a midpoint in a war that started in 1914 and ended basically in 1989, right? | ||
| The short 20th century. | ||
| And World War II was the midpoint of that. | ||
| Trump is trying to essentially end that war Right? | ||
| Because the Cold War really didn't end it. | ||
| End it and have another geo-strategic reset. | ||
| That's why the Russian people and the Chinese people are so central here. | ||
| They're our true allies. | ||
| They're the ones that bled in World War II, as ourselves and the British produced the arms and came in from the perimeter in a very bloody and gallant way, but to free the Eurasian landmass from the fascist powers that were trying to control it. | ||
| And in a way, We sort of inherited the British Empire and we've sort of been attempting to maintain this. | ||
| We call it different things. | ||
|
unidentified
|
We call it the, the, the, the, the liberal world order. | |
| The post-war international rules-based order. | ||
| The rules-based, et cetera. | ||
| But it's, it's basically along the lines of the British Empire plus, plus a few things. | ||
| That's why India is on board. | ||
| That's why all the rest of it is there. | ||
| So the Commonwealth countries, former Commonwealth countries, President Trump actually has an interesting correspondence with King George about the Commonwealth countries. | ||
| Don't go there. | ||
| I don't want to get my brother Alex Jones. | ||
| Rahim's on here about that. | ||
| If he's got posts on Rahim talking about poor Alex Jones will melt down again. | ||
| This has been the system. | ||
| This has been the system, but America was never designed to be our whole independence go back to 1776 the founding fathers did not set us up to be part of the British system nor set us up to be the inheritors of the British system we were set up to be a separate nation state that was It's We're | ||
| good. Boasberg is the judge that has to decide on Facebook. | ||
| Totally random. | ||
| How does he draw Facebook? | ||
| Actually, he's on our side on Facebook. | ||
| I hear that he does not want to delay the trial because he turns out, I think, maybe an anti-monopolist. | ||
| If I'm hearing correctly, I don't know, but what are the odds of that? | ||
| Is it true that Zuckerberg bought the mansion right next to his house? | ||
| Is Zuckerberg now a staffer over the White House? | ||
| Okay, short commercial break. | ||
| be back in the warm just a moment. | ||
|
unidentified
|
An interesting asset, right? | |
| I mean, it's been a spectacular asset, not just this year. | ||
| It's been a spectacular asset for 25 years. | ||
| I mean, I would like to point this out to people. | ||
| Gold has outperformed the S&P 500 by almost 100% over the last, you know, 25 years. | ||
| It's a little-known fact. | ||
| The risk for gold, something like that, which is a safe haven asset, is that's what, you know, that's what you sell when you need to sell something, you know? | ||
| So we're definitely not there. | ||
| Like, for example, in COVID, if you remember in COVID, when we had the final collapse, gold went down as much as the stock market. | ||
| Why? Because that's what, you know, you sell what you can, not necessarily what you want to. | ||
| When I say it, gold outperformed the S&P 500 over the last 25 years. | ||
| That's pretty shocking. | ||
| It's true. | ||
| We don't promote it here on the show. | ||
| What we do is tell you to go learn about gold as a hedge and a store of value. | ||
| But times have changed. | ||
| Gold's over 3,100 bucks. | ||
| It's not about the price, it's about how it got there and where it's going. | ||
| That's what Phillip Petri and team can give you. | ||
| Birchgold.com slash Bennett, end of the dollar empire. | ||
| Get smart. | ||
| The smarter you get, remember they do not want you to understand the math associated with macroeconomics or public economics. | ||
| This month, April, is Financial Literacy Month. | ||
| Did you know that? | ||
| If you become financially literate, you become more powerful in your own life, besides the fact you become more powerful in the political life of MAGA. | ||
| The Treasury Department actually talked to me today. | ||
| I think tomorrow we're going to start rolling out some things on financial literacy. | ||
| Birchgold.com. | ||
| Best thing to do. | ||
| Take your phone out. | ||
| Ban it. | ||
| 9-8-9-8-9-8. | ||
| It's a free brochure on investing in gold in the era of Trump, the ultimate guy. | ||
| Get it today. | ||
| Get smart. | ||
| Pozo, it was great for you to drop by. | ||
| I know a very busy day for you. | ||
| A couple of busy days for you. | ||
| You've been all over. | ||
| No, you're in Harrisburg. | ||
| We're in Harrisburg tomorrow. | ||
| You're all over, man. | ||
| You're moving home. | ||
| What's up in Harrisburg? | ||
| We've got the Pennsylvania Leadership Conference. | ||
| We're going to be there with Dr. Steve Turley. | ||
| We're going to be with Cliff Maloney. | ||
| We're going to be talking new media. | ||
| We're going to be talking... | ||
| When are you running for the Senate? | ||
| I love what I do. | ||
| I love what I do. | ||
| I love what I do, but I do get upset when I see the people of Pennsylvania getting ripped off the way that they are. | ||
| And Josh Shapiro is your governor? | ||
| Oh, man. | ||
| Don't even say that. | ||
| Come on. | ||
| That little five-foot-three guy. | ||
| Come on, man. | ||
| He's got a lot of problems. | ||
| Hey, pick on someone your own size, Josh Shapiro. | ||
| And the thing is, though, is what we're going to be talking about, especially with Cliff Maloney, is we're going to be dissecting what happened in Wisconsin. | ||
| And I've been saying this on human events as well. | ||
| I said, guys, we need to be Soros maxing. | ||
| Yeah. That you've got to get to the Trump low-propensity voters. | ||
| Trump's not going to be on the ballot forever. | ||
| Of course he's going to be on the ballot. | ||
| He's going to be on the ballot in 28, but then thereafter we've got to figure it out. | ||
| Right, and we have to win in 26 or else the Trump administration grinds to a halt because there'll be an impeachment, the subpoenas, the court, the rest of it. | ||
| Folks, you don't want to go back through that. | ||
| Remember the years we had to fight all that? | ||
| You don't want to go back to that. | ||
| You think Adam Schiff, I'm sure, has three impeachment ideas on the shelf already. | ||
| Who signed over the show in October? | ||
| Of 2019, we first started Warren impeachment because nobody else on the right was covering it because they didn't believe it. | ||
| Well, the White House was actually saying it's fake news, right? | ||
| So we had to start. | ||
| We don't want to go back to that. | ||
| Remember how that was a grind. | ||
| Yes, that was a great. | ||
| So the way that you do it now, I remember sitting right over there on the couch with Rahim and he would print out the transcripts and we're going through and you've got, you know, Gregory Hyatt and this ambassador and that and he's got the highlighters out in the different boxes. | ||
| And I'm like, Rahim, you are a nerd, bro. | ||
| Nerd now. | ||
| And we went through it. | ||
| We went through it. | ||
| We blew the whole thing up. | ||
| And that's how we got Charamel. | ||
| That's how we got Venman. | ||
| That's where we get the rest. | ||
| But look, look, the point is you have to go in these places and build and you have to work the coalitions. | ||
| Look, the MAGA is the working heart and soul of this movement and of this country, but you know who else is out there is MAHA. | ||
| There was no engagement of the MAHA movement at all in Wisconsin. | ||
| You have to work the coalitions. | ||
| You can't just sit there and say, hey, come vote for us. | ||
| This guy's like Trump. | ||
| It's good to go. | ||
| No, you have to be there your day in, your day out on the granular level. | ||
| That takes local institutions and local buildings. | ||
| Orrin Cass is on Human Events Daily tomorrow? | ||
| We're scheduling. | ||
| We'll be doing the show at the conference. | ||
| You're going to do it live. | ||
| We're working on getting him. | ||
| We're going to get him. | ||
| Everything. With the show, your social media, your... | ||
| Twitter handle all of it. | ||
| Look folks, it's The Great Deal. | ||
| Go watch Human Events Daily this week. | ||
| We've been breaking it down. | ||
| The Great Deal is a great deal for the American people. | ||
| You've been getting a bad deal. | ||
| Now it's time for The Great Deal. | ||
| So Human Events Daily. | ||
| Go listen. | ||
| Download it. | ||
| You'll be able to get it every day wherever you get your podcasts. | ||
| And of course the book Unhumans. | ||
| Understand what's going on in our world today. | ||
| Love that book. | ||
| The great Tanya Tay. | ||
| Tanya Tay is out with her sister? | ||
|
unidentified
|
She's out doing a little girls action. | |
| You're taking care of the kids? | ||
| Jack-Jack and my man? | ||
| Yeah, the big one watches the little one. | ||
| Okay, fine. | ||
| Okay, Pesobic. | ||
| We can pick up Human Events Daily live. | ||
| You're going to do it live tomorrow? | ||
| We're going to be live tomorrow. | ||
| We could even do some hits, you know, maybe tomorrow morning. | ||
| During the day? | ||
| Maybe in the morning? | ||
| 10 to noon? | ||
| From Harrisburg? | ||
| Fine, perfect. | ||
| Done. It'll be up there at Senator McCormick's. | ||
| I love McCormick and Dina. | ||
| Okay, Mike Lindell. | ||
| I'm gonna see if you can sell better than Posobiec. | ||
| Sell me some sheets, brother. | ||
| I'm tired. | ||
|
unidentified
|
Hey, you guys, this is gonna be called the War Room Wholesale Specials. | |
| That's what we're gonna give you all the time. | ||
| These box stores that have canceled, we got a whole new line for you. | ||
| All the kitchen towels, bathroom towels, we have oven mitts, pot holders, all this stuff that was earmarked for these box stores canceled, you get it now. | ||
| The War Room Posse, if we put it up, there it is, you guys. | ||
| As low as $9.99 with what? | ||
| The famous Promo Code War Room. | ||
| The most sought-after promo code ever. | ||
| Kitchen and towel sale. | ||
| It's all on for wholesale prices. | ||
| Go to the website. | ||
| Go to mypillow.com. | ||
| Scroll down till you see our leader, Steve, there. | ||
| Click on him. | ||
| There it is. | ||
| The $9.99 sale. | ||
| You guys click on that. | ||
| You'll see all these kitchen and bathroom stuff on sale for wholesale prices. | ||
| Because we keep getting cancelled by the box stores and we're gonna pass it all on to the war room posse. | ||
| We have our clearance special still on? | ||
| Go ahead. | ||
| No, what I want to do is tomorrow on the morning show. | ||
| I'm gonna get the letters I want to read some letters to the audience the box stores that are counseling horrible. | ||
| Yeah, dear Mike We don't be associated with a brand like my pillow that supports President Trump, right? | ||
| Screw them terrible screw them You don't we're not gonna say you're not gonna sell your pillows and your great sheets in those Right, we're gonna we're gonna rip their stores on on the on the on the show live. | ||
|
unidentified
|
Yeah And Steve, you know what they're doing? | |
| You know what they're doing? | ||
| They're using that promo code WARWROOM because you know they're using the products. | ||
| Exactly. MyPillow.com promo code WARWROOM. | ||
| We'll see you tomorrow, Mike. | ||
| Lindell, keep fighting. | ||
|
unidentified
|
Lindell supports the tariffs. | |
| Made in America, baby. | ||
| Made in America by Americans. | ||
| Made in America by Americans. | ||
| Jack Pasova will get you on in the 10 to noon show live up in Harrisburg as Jack Pasova takes on the road. | ||
| We're going to leave you with the right stuff. | ||
| We're going to cartel country. | ||
| The indefatigable Ben Burquam and Oscar Blue Ramirez are down to give us a live report on the tip of the spear, one of the most dangerous parts of the world, as President Trump prepares to drop the hammer on the cartels and destroy the fentanyl market. |
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