April 9, 2025 - Bannon's War Room
48:42
Participants
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| Speaker | Time | Text |
|---|---|---|
| This is the primal scream of a dying regime. | ||
| Pray for our enemies. | ||
|
unidentified
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Because we're going medieval on these people. | |
| I got a free shot on all these networks lying about the people. | ||
| The people have had a belly full of it. | ||
| I know you don't like hearing that. | ||
| I know you've tried to do everything in the world to stop that, but you're not going to stop it. | ||
| It's going to happen. | ||
| And where do people like that go to share the big lie? | ||
|
unidentified
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MAGA Media. | |
| 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? | |
| If that answer is to save my country, this country will be saved! | ||
|
unidentified
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War Room. | |
| Here's your host, Stephen K. Bann. | ||
| Okay, welcome. | ||
| It's, uh... | ||
| Wednesday, 9 April, in the year of our Lord, 2025, a very wild night overnight. | ||
| Right now, Dow down 300, 10-year Treasury at 435. | ||
| It's kind of calmed down, coming back down. | ||
| Trading's a little more robust than it was earlier than golds at, what, 3,070 bucks. | ||
| Make sure, first off, we need you on the ramparts this week. | ||
| Mike Davis, he reported live from the White House yesterday, might want to know why he was at the White House. | ||
| Hey, who knows? | ||
| Inquiring minds want to know. | ||
| Mike Davis is calling for everybody to go to Article 3 Project, get on the ramparts, and he wants an impeachment of Boesberg, that radical judge. | ||
| Something on Substack right now by the great Julie Kelly. | ||
| They're saying he's been slowed down for a while of intruding with President Trump and President Trump as Commander-in-Chief. | ||
| Think what's going to happen when President Trump ramps up the kinetic part of the fentanyl war. | ||
| And the report coming out of Treasury today is that the Chinese Communist Party are essentially doing nothing on fentanyl. | ||
| Anything that's being slowed down at all is because of Trump's tariffs on Mexico. | ||
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| Get all the details, but do it today. | ||
| Before we go to Kuala Lumpur, Jack Posobiec, this is your area specialty. | ||
| Southeast Asia, these partners, they've been – first off, they hate the Chinese Communist Party, and they particularly have never had really great relationships with the Chinese, right? | ||
| DYNASTY BY DYNASTY Absolutely not. | ||
| And certainly Vietnam and the Philippines, I would put at the very top of that list. | ||
| There's no love lost there at all, particularly between the Vietnamese, who are actually the last country to have really fought a war with China back in the 1970s at sea, where the CCP and at the time the People's Liberation Army Navy showed their lack of sea lift capability. | ||
| But, you know, going with the Philippines as well, you've seen these massive trade incursions, the fishing rights, the fishing boats, the water cannons, things that have gone off in these Scarborough Shoal and all these different areas where China has been building these islands and claiming sovereignty | ||
| over the entire South China Sea, their nine dashed line writ large. | ||
| But really, Steve, when you look past Vietnam and the Philippines, the Vietnam and Philippines, that's our frontline states against China in the South China Sea. | ||
| But a real strategic hub and key of all of this is going to be Singapore, because with Singapore, you've got military access, you've got China naval base, and they have the diplomatic influence within ASEAN to reach out to folks like Indonesia or Malaysia, | ||
| because Indonesia and Malaysia have always kind of played the two sides against each other. | ||
| The relations are constantly making deals with China, of course, in terms of this. | ||
| So that's what you've got to be able to do, because, look, if China wants to get their goods to market, currently, they've got to go through the Straits of Malacca. | ||
| They've got to get that up. | ||
| And what's right there is... | ||
| This is, by the way, ASEAN is the reason that China is so adamant on exploring this northern route. | ||
| So if they can get a polar route, then they don't need the Straits of Malacca, they don't need the Suez Canal, they don't need the rest of it, so they can go over the top. | ||
| But they currently aren't able to, and that's why ASEAN is such an important impediment to them. | ||
| So, Caroline Wren, you're there, and the Secretary of Treasury, Scott Besson, the reason markets kind of calmed down, they're a little choppy now, they calmed down actually in positive territories. | ||
| Scott did Maria Bartiromo and others this morning, and he talked about he's in active discussions slash negotiations with the Japanese, with the South Koreans, and the Vietnamese are actually on a plane with their delegation. | ||
| They're first in the queue. | ||
| How is that playing? | ||
| With the Chinese Communist Party, we're live with you in Kuala Lumpur, where the ASEAN conference is going on, ma'am. | ||
| I've been over here for a while. | ||
| I've been in Taiwan, Vietnam, the Philippines, Thailand, Indonesia, Singapore, and now I just got to Kuala Lumpur. | ||
| And the ASEAN conference is happening here, and actually the chair of ASEAN is Malaysia. | ||
| And so what is really scary, what I found from all these countries, everything Jack just said is absolutely accurate. | ||
| They love America. | ||
| They actually, I mean, they're scared about the tariffs for sure, but they are so excited to come to the table and get to do a deal with President Trump. | ||
| What I've been doing over here is meeting with a lot of private business leaders, talking about the huge opportunity that they have right now to come make a grand free trade deal that involves investment in the United States, better relations for them with the United States. | ||
| You should see how excited folks are because they just, they... | ||
| China comes into their countries and destroys them. | ||
| They come in and they bribe the officials to be able to take these contracts. | ||
| They steal their rare earth minerals. | ||
| In Thailand, the building that just collapsed, I learned that was being built by a Chinese company. | ||
| The earthquake, yes, while it was bad, it was not too bad in Bangkok. | ||
| There is no excuse for a building like that to collapse, except for the fact that when you let China come in and run the construction in your country, it's terrible. | ||
| They're terrible trading partners. | ||
| They're terrible business partners. | ||
| And the ASEAN countries are looking to us for leadership. | ||
| They desperately want to make deals with the United States. | ||
| But President Xi is about to come in. | ||
| With a hammer and come after all of them. | ||
| And they are just terrified. | ||
| In fact, President Xi just announced, so as you mentioned, Vietnam is meeting, in fact, today with Secretary Besant. | ||
| They're the ones taking the charge and the lead to negotiate with President Trump. | ||
| Their general secretary was the first one to call President Trump. | ||
| They had a great call, so that meeting's happening today. | ||
| Well, what did President Xi do to counter that? | ||
| He announced that he is going to Malaysia, Cambodia, and Vietnam. | ||
| Keep in mind, he has never come to Malaysia. | ||
| You never come to these places. | ||
| He is going to come there and absolutely drop the hammer on these countries. | ||
| And so I do think right now it is very important that Vietnam's meeting goes well, that these other ASEAN countries have the courage to follow, which they are right now, and that the United States, that we're able to come together in a grand bargaining deal with these folks and we could really realign the world order here. | ||
| Yeah, remember, one of the situations with particularly the Southeast Asian countries, the ASEAN countries, is that it's not just the numerical part of the tariff. | ||
| It's also currency manipulation, counterfeiting, non-trade barriers. | ||
| So these are going to be tough to do. | ||
| They can be worked out, but we definitely have some work to do. | ||
| You're breaking some news. | ||
| She's actually, because I don't think she's ever actually visited these countries. | ||
| The Chinese Communist Party is not beloved. | ||
| In Vietnam, although Vietnam is technically still run by a communist party, they're not beloved given their ancient history. | ||
| And the rest of Southeast Asia... | ||
| Has a big problem with a lot of the overseas Chinese that represent the Chinese Communist Party. | ||
| As you said, trying to use predatory capitalism to take over. | ||
| So how's that? | ||
| Because I guess she's saying, don't go to America. | ||
| You don't need to deal with Trump. | ||
| Deal with me. | ||
| I'm coming. | ||
| And in fact, you should call off any involvement with the Americans. | ||
| Actually, I think what he's doing is he is going to those countries who have announced that they are sending their delegations over to negotiate with the United States. | ||
| And he's doing that to say, send your delegations home right now. | ||
| I'm showing up in your backyard, into your country, and you're going to negotiate with me. | ||
| And so I think it is in the U.S.'s best interest to be taking all the meetings with these ASEAN countries right now, telling their delegations to stay in the United States, stay and negotiate with us. | ||
| There are certainly some big concerns that the United States has. | ||
| There's been a lot of ways that these ASEAN countries can fix different things. | ||
| We brought up currency manipulation, different trade barriers, but now we have all the leverage in the United States to do that. | ||
| That's why I think what President Trump is doing is brilliant. | ||
| I think we could not have better negotiators on our side than we do with Peter Navarro, than we do with Scott Bessett, than we do with Howard Lutnick. | ||
| I mean, we have the absolute A-team, and we have these ASEAN countries that desperately So I just think now is the time to do it. | ||
| And we have to show them that, you know, we are open for business. | ||
| We want their business. | ||
| We want to trade with them. | ||
| Do not be afraid. | ||
| I know it is very terrifying to have President Xi show up in your backyard, but this is where U.S. has to show strength. | ||
| And we have to hopefully make deals quickly with a few of these countries to show others that you need to follow our lead or else you'll be left to only be able to deal with China, which is not what any of them want. | ||
| Caroline, on social media, you've been on trip. | ||
| And by the way, I just want to make sure, this was not inspired by the White Lotus, right? | ||
| Season 3 of the White Lotus did not inspire you to go take this. | ||
| All of a sudden, Caroline Renz in Southeast Asia, you were not inspired by White Lotus? | ||
| I have not. | ||
| I've seen the other season, but I have no way to even get it over here. | ||
| So I've not gotten to see it. | ||
| A lot of people are asking me about it. | ||
| I've noticed there's like white lotus bars. | ||
| But no, I've been working day and night meeting with private industry leaders. | ||
| There's so much opportunity here for prosperity in both this region and also in the United States and around the world. | ||
| These trade, free trade deals, this package deals that Trump wants to do country by country. | ||
| Just an unbelievable opportunity. | ||
| And with Vietnam specifically, April 30th is the 50-year anniversary of the end of the Vietnam War. | ||
| What better way to celebrate that than a grand free trade deal between these two strong countries and having an Oval Office ceremony and also ceremony commemorating the 50-year end of that. | ||
| So it's very timely right now, and I'm so thrilled to see how excited that these Asian countries are to do business with President Donald J. Trump. | ||
| Where do people go to get you on your travels, ma'am? | ||
| It is at Caroline Wren on Twitter, Getter, and Truth Social. | ||
| Thank you, ma'am. | ||
| Appreciate it. | ||
| Appreciate you staying up late. | ||
| Jack Posobiec, is she... | ||
| Going to sit there and let the United States try to work out trade relationships and have these guys actually take care of the currency manipulation all the ways they try to game the system and actually become fair trade partners with the U.S.? | ||
| Is the Chinese Communist Party going to allow that, or is this another front? | ||
| Folks, you understand, this is a global conflict between the Chinese Communist Party and the United States of America, from drug labs in Mexico to the Arctic and everywhere in between. | ||
| Is she just going to sit there and let us cut deals? | ||
| Caroline's right. | ||
| The ACN countries remember what the Chinese have done to them. | ||
| They'll be all over trying to partner with the United States to do something. | ||
| Is China going to allow that to happen, sir? | ||
| Well, Steve, they're not going to allow it to happen, but it might not be up to them. | ||
| Look, when it comes down to it, Xi Jinping arriving as a general secretary of the Communist Party, Chairman Xi going to ASEAN, this is monumental. | ||
| This is something that hasn't happened before. | ||
| Typically, the way the Communist Party talks with ASEAN is by bayonet or water cannon or building these islands up in their grill, up in their backyard, and then sending their aircraft | ||
| carrier out to run flight tests. | ||
| No, this is very, very telling that Xi Jinping is going himself, not by a delegation, not Wang Qishan. | ||
| No, he himself is going to be going to there to have this conversation. | ||
| And I wonder, by the way, I also wonder if Russia is going to be sending a delegation as well. | ||
| Plus, by the way, you've got a lot of other countries in the same region. | ||
| Look, we're talking about some major economies that do business that travels through ASEAN as well. | ||
| We're talking about who? | ||
| The South Koreans. | ||
| And the Japanese. | ||
| So, who did Secretary Besson have dinner last night? | ||
| It was the Japanese ambassador, the Japanese delegation, they came over first, the South Koreans as well, Samsung, we all know about that, their power. | ||
| Look, these economic deals have put everything, everything on the table as President Trump's economic restructuring of globalism has begun. | ||
| The great deal. | ||
| Jack Posobiec, you're back up at two? | ||
| I may pick your brain in the 5 o'clock hour. | ||
| Where do people get you in the interim, sir? | ||
| We'll be up at 2. People can get the podcast every single day. | ||
| Human Events Daily. | ||
| Make sure you go and download. | ||
| Get that podcast. | ||
| My brother was somehow responsible for naming the Gulf of America. | ||
| We're breaking news every single day. | ||
| Every single day. | ||
| The brother's posobic. | ||
| And you are one of the best experts around on China and the Chinese Communist Party. | ||
| Thank you, sir. | ||
| Appreciate it. | ||
| Thanks, Steve. | ||
| If you like geopolitics, if you like geopolitics capital markets, which we kind of specialize in here in the War Room, Rickards, go to RickardsWarRoom.com to get Strategic Intelligence, his monthly newsletter. | ||
| letter you will absolutely love it he throws in a free book on artificial intelligence and capital markets and currency Rickards war room.com Jim Rickards one of the smartest | ||
| ...in the United States of America. | ||
| Goes global. | ||
| Short break. | ||
| Back in a moment. | ||
| I think we're all on the same side when it comes to big government. | ||
| We want smaller government. | ||
| We want less taxes. | ||
|
unidentified
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Well, tariffs are bigger government. | |
| Tariffs are not bigger. | ||
| It's not bigger government. | ||
| We're keeping big government out of American markets. | ||
| The Chinese government is the biggest government in the world. | ||
| Every Chinese industry that's exporting their crap to America is an arm of the Chinese government. | ||
| They're directly subsidized by the Chinese government. | ||
| They get loans. | ||
| They dump their products in the American market at below market prices. | ||
|
unidentified
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Well, there are a lot of countries that have trade surpluses with China. | |
| Why is that? | ||
| Because they're selling them raw materials. | ||
| They're mercantile resource colonies. | ||
| Do you want America to be a mercantile resource colony? | ||
|
unidentified
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There's always an excuse. | |
| It's not an excuse. | ||
| It's an economic fact. | ||
| And I've raised this issue three times with you, and you don't have a response. | ||
| What issue? | ||
| And I'd like to hear your response. | ||
|
unidentified
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What's the issue? | |
| Well, the fact is that Germany has a bigger government than America, and yet German industry is not offshoring. | ||
| China has a bigger government than America. | ||
| And their industry is not offshoring. | ||
| Our stuff is going there. | ||
| So how do you grapple with that fact? | ||
|
unidentified
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Well, first of all, define bigger, because we got the biggest government in the world. | |
| We spend $7 trillion a year. | ||
| Nobody comes close to that. | ||
| So in sheer surprise, we're running the biggest government on the planet. | ||
| America's government is way smaller than Germany's per capita. | ||
|
unidentified
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Yeah, well, what are we at? | |
| About 40% with state and federal government? | ||
| Well, I just wonder how you square this circle, where you're saying that, oh, America's industry is offshoring because we have big government, and then you've got Germany and Italy, and they have bigger governments in America, France, and their industries are not offshoring, and then China's got the biggest government of them all, | ||
| and they're actually gobbling up our industry. | ||
|
unidentified
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So I don't think there's anything... | |
| It has nothing to do with big government, and it has everything to do with insane... | ||
| Self-destructive trade policies that are instituted by globalists who are buying their pocket worth of tariffs. | ||
| The issue is that America has purchased a net trade deficit of $24 trillion over the last 50 years. | ||
| And that's $24 trillion that could have been used To build American factories, to build American roads, to build American ports, to hire American workers and to build our families and our communities. | ||
| All of that money went abroad. | ||
| It wasn't paid to American workers and wages, which it should have been. | ||
| Instead, it was sent to build up China. | ||
| You look at China since 2001. | ||
| That country is absolutely unrecognizable. | ||
| In 1984, the Chinese were driving around in rickshaws, and today they're going to the moon and they're building missions to Mars. | ||
| And that was all 100% funded by America, by the Americans. | ||
|
unidentified
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No, it wasn't! | |
| It's because China was a communist country, and they got rid of communism and embraced free market capitalism, and that's what... | ||
| Enrich China. | ||
| ...to serve the best interests of the nation and the people. | ||
| And those interests transcend the simply consuming products. | ||
| The interests are to serve, to create beauty and to promote and protect the environment, to preserve a future for the people, not to maximize the current generation's benefits at the expense of our progeny. | ||
| Spencer, who chooses what the best interest is for the United States public? | ||
| We the people, and that's why Donald Trump got elected to do this. | ||
| That's the whole point of it. | ||
|
unidentified
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People want. | |
| And the way to deliver the highest standard of living is the most amount of economic freedom. | ||
| We're free to trade with one another when people of one state are free to trade with people at another state, and people of one country can trade with people in another country. | ||
| Remember, America doesn't trade with China. | ||
| I'm an American. | ||
| I trade with a private citizen who happens to live in China. | ||
| We're two people doing business with one another, voluntary, to our mutual advantage. | ||
| See, what you're doing is you're looking at the trade deficit as the problem. | ||
| The trade deficit is the symptom of the problem. | ||
| No, I'm simply recognizing that nations exist. | ||
| There are different levels of hierarchical organization in society over and above the individual. | ||
| An individual exists, but in an ontological sense, so does a family or a nation. | ||
| Or a people, right? | ||
| You just don't understand what America is. | ||
| You're saying America's a market. | ||
| America is not a market. | ||
| America is a people. | ||
| *shriek* | ||
| A hat tip to Zero Hedge. | ||
| That was quite amazing. | ||
| And I know it's going to get a lot more view. | ||
| I mean, you got a huge audience last night, but Zero Hedge ought to keep it up and push it hard because that was about as spirited as you could get in two different perspectives. | ||
| Spencer, your assessment, particularly given what's happened overnight, now this is flat out economic war. | ||
| And folks in this audience understand this. | ||
| That's why you're the bedrock of the MAGA movement. | ||
| The unrestricted warfare of the Chinese Communist Party. | ||
| I mean, the People's War is from 2019, but the unrestricted warfare has been for 20 or 25 years. | ||
| Spencer Morrison, your thoughts? | ||
| Well, I think it very clearly shows the difference between the libertarian and the America First movements. | ||
| And the reality is that libertarian is not just a morally bankrupt ideology. | ||
| Libertarianism is amoral. | ||
| Libertarians see people just as atomized individuals, as people who exist for the sole purpose of consuming and maximizing their pleasure. | ||
| And I think the America First crowd understands that people are not just individuals. | ||
| There are different levels. | ||
| of ontological existence. | ||
| You're not just an individual. | ||
| You're a son. | ||
| You're a father. | ||
| You're a member of a family. | ||
| You're a member of a community. | ||
| You're an American. | ||
| You're a man or a woman of the West. | ||
| And we share in all of this cultural legacy for thousands of years. | ||
| And it's our duty to pass this on to our progeny. | ||
| And what libertarians are seeking to do is they're seeking to maximize the advantages and the luxuries that they consume in this lifetime. | ||
| And I think we have to remember that we are one link in a chain that's unbroken going back a thousand years, and it will go into the future for a thousand years. | ||
| And we have an obligation and a responsibility to preserve America for the future, and not just America's economy, but also... | ||
| To preserve beauty, architectural beauty, to preserve the ability of the American people to exert rights and freedoms. | ||
| But those rights and freedoms come with responsibilities of stewardship. | ||
| Stewardship towards, for example, the environment. | ||
| And I think it's very, very telling. | ||
| When I brought up in the debate last night that... | ||
| One of the externalized costs of offshoring, one of the reasons it's cheaper to do business in China is because they rape and they loot and they pillage the environment and they pump out all of these toxins into the environment that we end up breathing in and they end up poisoning our water supply. | ||
| And he laughed and he says, well, that's China's problem. | ||
| And I think it just goes to show how amoral the libertarian ideology is. | ||
| It's all about consumption. | ||
| It's not about production. | ||
| And they don't care if they... | ||
| If they destroy the natural environment. | ||
| They don't care if they destroy families. | ||
| They don't care if communities are hollowed out. | ||
| I mean, these people laugh when factories move abroad so that they can save 50 cents on a spatula. | ||
| They don't care about the relationships between people. | ||
| You know, when a factory moves, a community dies. | ||
| And we've seen this all throughout the Midwest. | ||
| America's industries are hollowed out, but guess what? | ||
| But the towns are also hollowed out. | ||
| And people can't just move because people have children in school. | ||
| They have grandmothers that they need to take care of. | ||
| I mean, they've done genetic studies, for example, in Europe that show that people have been living in Italian towns, for example. | ||
| The DNA goes back 2,000 years. | ||
| Most people don't move around. | ||
| Most people are a part of a community and they live there. | ||
| They have their children and their grandchildren there. | ||
| And what globalism has done is it's created so much satanic economic dislocation. | ||
| Hangover, this is fantastic. | ||
| That was a great debate last night. | ||
| I want you to stick around. | ||
| Dr. Thayer, by the way, Dow Jones up 100, 10 years at 4.4, Gold's at 3,085. | ||
| It's going to be turbulent, folks. | ||
| You're living in Chinese curse. | ||
| You're living in interesting times. | ||
| Dr. Thayer! | ||
| You heard Spencer Morrison. | ||
| You saw the debate. | ||
| You heard Posobiec. | ||
| You heard Caroline from ASEAN. | ||
| You know President Trump and his team. | ||
| You know the cut of the jib of the Committee on the Present Danger, what we've been arguing about for years. | ||
| Is this the moment? | ||
| Should we blink, sir? | ||
| Not at all. | ||
| This is the supreme hour. | ||
| This is the moment, Steve, to act as President Trump is acting. | ||
| Important to remember, it's April 9th. | ||
| It's 160 years ago Lee surrendered at Appomattox, essentially ending the Civil War. | ||
| And Lincoln then was obviously, having gone through that tremendous struggle, right, it reached its end. | ||
| And I think we need to remember that date and remember what we went through to defeat really the greatest peril that we faced in the 19th century to recognize that Trump is going through something similar in the 21st century when he's confronting | ||
| the Chinese Communist Party. | ||
| And Trump very wisely is waging economic war that they started, but that he's enjoined, right, after many, many decades of allowing them to get away. | ||
| Trump's enjoying the economic war and is waging it supremely successfully against the Chinese Communist Party. | ||
| He's putting them in a box. | ||
| You've stressed, as others have of course this morning, that there are going to be responses from the Chinese Communist Party. | ||
| That's certainly something that we should anticipate. | ||
| And we should remain vigilant, of course, and resolute, steadfast, really in that recognition. | ||
| But those responses are going to be ones with which we can deal. | ||
| If it's going to be the measures that you've described in terms of active pharmaceutical ingredients, these are going to be efforts we're going to have to address. | ||
| I'm going to put the Wall Street Journal up. | ||
| After a while, they've got a toolbox. | ||
| There's going to be a lot more than that. | ||
| They're going to try to do a devaluation. | ||
| They've got the rare earths. | ||
| They think there's all types of basic technologies. | ||
| They can cut us out of component pieces. | ||
| I mean, hey, she is right now... | ||
| If he was to lose face against the Americans, he's purged the military. | ||
| Would he still be able to hold the mandate from heaven? | ||
| I tell you what, Dr. Thayer, hang on for a second. | ||
|
unidentified
|
On a turbulent day. | |
| And President Trump, actually, I think he's going to be talking later. | ||
| We've got this whole Senate bill fiasco. | ||
| President Trump has come out. | ||
| I think he's committed to and promised $1 trillion in cuts. | ||
| Wasn't Elon supposed to deliver that? | ||
| I need to see some waste, fraud, and abuse. | ||
| Real money. | ||
| The market this morning, the reason that they kind of choked was not simply the overnight war. | ||
| Economic war between China and the United States. | ||
| It's also, they can't really put pen to paper on this tax bill. | ||
| Remember what happened to Liz Truss? | ||
| Just saying, you've got to put forward the numbers. | ||
| The math has to add up. | ||
| Short break. | ||
| Back in the warm in just a moment. | ||
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| recovering, good as ever. | ||
| Trying to shut him down in Minnesota. | ||
| Hopefully get Mike back up for the end of the week. | ||
| Cameron Kinsey joins us. | ||
| Cameron, you were in... | ||
| The White House during the first term. | ||
| Days like today, when you're at economic war at the Chinese Communist Party, you've got the tariffs, they're stacked up, trying to meet President Trump, world leaders, to talk to him and Besant and Navarro about trade deals. | ||
| Tell the audience, what's it like on a day that is maximum activity in the White House, ma'am? | ||
|
unidentified
|
Yeah, well, I mean, it's just important. | |
| I told you, I think last episode I did with you, I was in the presidential personnel office and we were making sure that the agenda was aligned with President Trump and what he was wanting to implement and making sure that he had a team around him that stuck with his agenda and wasn't going off. | ||
| Doing their own thing. | ||
| So I think it's really important that making sure that his entire team is aligned right now, that there's over communication in the West Wing of what's going on. | ||
| But look, this is America first leadership on full display. | ||
| We're taking the power back from these globalists who have taken advantage of us for years on end. | ||
| We had such a poor display of weak leadership from Joe Biden's administration. | ||
| We weren't taking seriously on a global stage. | ||
| It was an embarrassment. | ||
| And so now we have President Trump A really great team. | ||
| Days like today, folks, they are beavering away, head down, grinding. | ||
| Cameron worked for the great Johnny McEntee, one of the best. | ||
| Cameron, Ides of April. | ||
| April 15th. | ||
| Why is that date important for American citizens right now? | ||
|
unidentified
|
Yeah, well, look, it's tax filing. | |
| It's just days away. | ||
| That's the tax filing deadline. | ||
| Millions of Americans are facing stress from the IRS and confusion, Steve. | ||
| Dealing with the letters that are coming in the mail, an aggressive IRS. | ||
| And so that's really where Tax Network USA steps in. | ||
| We're fighting back against the government overreach that we've seen for the past four years under the Biden-Harris administration. | ||
| We're ensuring that our clients get the tax relief that they deserve. | ||
| Our team is basically built of licensed professionals, CPAs, former IRS agents, tax attorneys, who have successfully resolved over a billion dollars worth of back taxes. | ||
| We understand the stress that the tax season can bring on. | ||
| It's really important not to go into the ring without some boxing gloves. | ||
| That's really where Tax Network steps in. | ||
| We act as a liaison between you and the IRS so you can enjoy your life. | ||
| You don't have the doom and gloom of the IRS on your shoulders. | ||
| We deal with all the communication for you. | ||
| If you're dealing with audits, we deal with audit representation. | ||
| We help with offers and compromise installment agreements penalty abatements and more We have thousands and thousands of success stories. | ||
| So we understand it's a really stressful time Nobody likes tax season. | ||
| We're dealing with the government overreach for you So you don't have to deal with that. | ||
| So if you guys need help before April 15th, you can contact TNUSA.com Bannon to learn more or you can call our team directly 1-800-958-922 | ||
| You get a free consultation. | ||
| We'll look over your case and we'll try to help you as best as possible. | ||
| Here's the key. | ||
| If you got a notification, before you call the IRS, just call these folks. | ||
| You get a total free consultation. | ||
| If they can help you, then God bless you. | ||
| You go down the path. | ||
| If they can't, then you can contact the IRS. | ||
| These guys have worked with the IRS for so long. | ||
| They know the agents. | ||
| They know who to talk to. | ||
| And this is all about taking away stress. | ||
| It's stressful enough right now, we're in the age of anxiety, so we want to take it away. | ||
| TNUSA.com slash Bannon or 800-958-1000 and make sure you do it today, particularly in the run-up to April 15th. | ||
| Cameron, thank you so much for coming on. | ||
| I look forward, I want to have you back on. | ||
| Before tax day, do this again, because I want everybody to go and take it. | ||
| If you've got a letter, don't put it in the drawer. | ||
| It's just metastasizing in there. | ||
| You have to deal with it, but there's a way to deal with it. | ||
| That's why we talk to the experts over Tax Network USA. | ||
| Cameron, thank you so much, and thank you for your service in President Trump's first term. | ||
|
unidentified
|
Thank you so much for having me, Steve. | |
| Good to see you. | ||
| Good to see you. | ||
| These young people, the pressure over there is enormous. | ||
| And like she said, that was great. | ||
| Over-communicate. | ||
| That's what they're doing today, working as the pressure is incredible, as now out on the world stage, this tariff, like Ray Dalio said, is so much more than just tariffs. | ||
| It's deeper. | ||
| This is about a realignment of the world economic system. | ||
| Spencer Morrison, you got a bounce. | ||
| I had a bunch of text messages from the engine room and from others. | ||
| Saying last night that was a full MAGA flex, that you represent the MAGA movement magnificently, so everybody wants to give a hat tip. | ||
| People want to know, Spencer, your closing thoughts and also where they get the book, where they get your writings, your social media, all of it, sir. | ||
| Thanks, Steve. | ||
| One comment I'd just like to make is that it's easy to defend our position because we're the ones who are right. | ||
| We have truth on our side. | ||
| We have economic history on our side. | ||
| Our side is the moral position to take. | ||
| And I think it's important that we get these points out there, and I think a debate is a really great way to sort of showcase the two differences in the positions. | ||
| I mean, Americans are not just consumers. | ||
| People are members of families and communities in the nation, and these ontological identities are real, and they exist, and they're worth protecting and preserving. | ||
| So you can follow me. | ||
| I'm a lot better in writing than I am in terms of speaking, so if people want to follow me, they can. | ||
| Get my articles. | ||
| Thanks, Steve. | ||
| My writing's pretty sharp, though. | ||
| I'm still polishing up here for the speaking, but it's real S.B. Morrison on X, and then the book is available on Amazon. | ||
| You should be finding it pretty easy. | ||
| I think we're still doing the Liberation Day sale, too, I think. | ||
| So, 25% off. | ||
| Yes, Liberation Day sale. | ||
| 25% off. | ||
| Make sure you go. | ||
| The book's going to like a second, third printing. | ||
| Before I let you go, so yesterday morning, you guys, look, and Peter Schiff is one of the most experienced. | ||
| Guys on Wall Street, big firm, he's got a podcast, a very well-known guy, a good guy, tough, a libertarian. | ||
| He's up front. | ||
| These are his beliefs. | ||
| This has been with him for, you know, he's acted on that for years and years and years. | ||
| He was on the show yesterday, and it was fantastic. | ||
| He came out, and it was like, boom, boom, boom. | ||
| And Spencer, who's kind of knew this, and I was the one that recommended it to the Zero Hedge guys. | ||
| First debate for me. | ||
| Spencer Morrison's a guy that this book is really starting to catch on. | ||
| The audience loves him. | ||
| And, of course, the guys, Delaney, these guys, he's never debated. | ||
| I go, fine, he'll be terrific. | ||
| Then yesterday on the show, he was kind of very accommodating and I caught him up after and I go, dude, it's offense, offense, offense. | ||
| Always be on the attack in these things. | ||
| And you were fantastic. | ||
| So, big difference from the morning show to the debate. | ||
| That's what I needed to hear. | ||
| Exactly. I'm the cut man. | ||
| I'm just the cut man in the corner. | ||
| You were fantastic. | ||
| People are very proud of you. | ||
| And folks learned a lot. | ||
| That's why I think it was so great with Peter Schiff. | ||
| And I really want to thank, once again, the Zero Hedge, which is one of the best sites out there. | ||
| It's a morning requirement in the war room to get ready, prep for the show, and it was fantastic. | ||
| Massive audience. | ||
| I just recommend Grace Olives. | ||
| You've got to figure out how to push it back out because people learn a lot. | ||
| That's what I thought was so great last night. | ||
| It was very illuminating of the two different sides. | ||
| You did a great job of rolling out economic nationalism. | ||
| The book is Reshoring. | ||
| Spencer Morrison is the author. | ||
| One more time, where did they get the book and what's your social media? | ||
| So, social media, I'm active on X. That's where I post all of my articles. | ||
| And it's Real SP Morrison. | ||
| Yeah, we see it on the screen there. | ||
| And then the book's available on Amazon. | ||
| It's also available directly from Calamo Press. | ||
| We've got an e-book that's out now, and I think there's going to be an audio book as well. | ||
| But I don't think that's out yet. | ||
| Okay. Thank you, brother. | ||
| Appreciate it. | ||
| Thanks, Steve. | ||
| God bless. | ||
| Dow's down 100 now. | ||
| Up 100, down 100. | ||
| It's choppy. | ||
| It's going to be choppy. | ||
| President Trump. | ||
| Also today, I haven't had a chance, on the 5 o'clock show, I was going to talk at the end of markets. | ||
| Brat's going to join me for the 5 and the 6. And obviously we'll do the end of the day and what's happening on the economic war with China. | ||
| Also, I'll be able to get a little bit more into the Senate reconciliation. | ||
| Here's one of the things I do strongly recommend. | ||
| Is that Ray Dalio's got a great... | ||
| Peace is up. | ||
| And maybe I'll try to break that down with Dave Brett at 5 or 6. And remember, Dalio's been in business with the Chinese Communist Party forever. | ||
| Bridgewater's made a fortune over there. | ||
| And Ray Dalio's no fan of the MAGA movement, no fan of President Trump, no fan of War Room or any of it. | ||
| But Ray Dalio does have a world of experience in global capital markets, and he said something that's very perceptive. | ||
| This is not about tariffs. | ||
| Tariffs are the thing that came up, but it's about not just the reordering of the American economy, Of the American economy, right? | ||
| For having people pick us off, but particularly just having the job stolen and just continuing on. | ||
| When people say the economy is great, it's only been above water for one reason. | ||
| Massive federal spending. | ||
| Massive federal spending. | ||
| Two trillion dollar deficits for the last couple of years. | ||
| I think we've flooded the zone with 16 trillion dollars worth of currency for these deficits and just debt we put on the books. | ||
| Over the last couple of years. | ||
| It's just not sustainable. | ||
| I mean, he's very upfront. | ||
| The system that we existed in was not sustainable. | ||
| My issue with the Senate, and this is where it's going to take some time after this show for me to break it down, so I don't want to get too ahead of myself. | ||
| I don't understand it. | ||
| I'll be blunt. | ||
| I don't understand it. | ||
| And I've done a lot of restructuring work in my life. | ||
| And this is a restructuring. | ||
| Part of this, we have to have an adult conversation. | ||
| And this is why I remember, with all the differences I have with Elon Musk and their legion, I am one of the biggest supporters of Doge. | ||
| And the reason is, I do think in the administrative state, you need a special forces team that can get in there, particularly on the topic of fraud, waste, fraud, and abuse. | ||
| Right? Because there's only two ways to cut the spending. | ||
| You either have to do it programmatically, as I said over and over again, or you have to find the waste, fraud, and abuse. | ||
| We need to find out now. | ||
| President Trump's just come out again and said, hey, I'm cutting a trillion dollars. | ||
| And when Treznor says that, he means they're talking about on an annual basis. | ||
| The Senate bill, you know, it's only got four billion cuts. | ||
| And I realize that's something with the parliamentarian they've got to get across. | ||
| And even the House bill is only like 1.5 trillion over 10 years. | ||
| The math just doesn't add up here. | ||
| We have to have an adult's conversation of, Where's the waste, fraud, and abuse in the 25 budget and in 26? | ||
| That's got to be stopped. | ||
| Whatever Doge founds, it has to be stopped. | ||
| If we need to put impoundments now for money that's in this budget, it has to happen. | ||
| But we need to know what's the reality. | ||
| And secondarily, we need to turn those people over. | ||
| To the FBI and to the Justice Department and prosecutors or the D.C., whoever you want to do it, the investigations have to start. | ||
| Number two, programmatically. | ||
| And this is why it's magnificent. | ||
| This hemispheric defense is one of the most brilliant ideas that's come up in American history. | ||
| It harkens back to the Monroe Doctrine. | ||
| President Trump's updated it. | ||
| It's quite, frankly, it's brilliant. | ||
| But does the defense budget of a trillion dollars embody that? | ||
| The things on social programs. | ||
| We have a ton of work to do to think this through. | ||
| This is one of the reasons the bond market froze up today. | ||
| Economic war with China. | ||
| An indecipherable Senate bill. | ||
| And it froze. | ||
| Short break. | ||
| Back in a moment. | ||
|
unidentified
|
Let's take down the CCB. | |
| Here's your host, Stephen K. Bann. | ||
| Okay, Dallas up 20. It's flat. | ||
| No big meltdown today. | ||
| And that is with two sides throwing massive punches last night, the Chinese Communist Party and President Trump. | ||
| Just incredible overnight. | ||
| And now the EU's jumped in, but it's kind of, it's a little muted. | ||
| President Trump, in doing this reset, He's going to make sure all the pieces work, and this is what Peter says about negotiations. | ||
| It's just not about the tariffs. | ||
| People come out and say, hey, the other parts are so complicated. | ||
| If you get a commitment, just do it in an agreement. | ||
| That may all come to pass. | ||
| You got Besant, and you couldn't have two better representatives of the war room, could you? | ||
| Scott Besant and Peter Navarro. | ||
| Peter Navarro, literally a co-host here. | ||
| For a long time, and our brother-in-arms and Scott Besson, a contributor for the last couple of years, shouldn't be lost on you folks. | ||
| We had that huge fight over who was going to be Secretary of Treasury. | ||
| Remember, it was in Mar-a-Lago, even before we got to the whole situation of who was going to, you know, the confirmations in War Room, and you're truly, we came out hard for Scott Besson. | ||
| We said, hey, you need a safe pair of hands for capital markets, because guess what, folks? | ||
| We're going to go through some choppy water. | ||
| And you're going to eat like Scott Besson and sit there very professorial and say, boom. | ||
| And didn't he do that during his confirmation here to try to lit him up? | ||
| He's like a professor from Yale. | ||
| Very thoughtful, very reflective. | ||
| Hair's never going to be on fire. | ||
| Now, behind the scenes every now and then, Scott Besson gets a little worked up. | ||
| But he's a good man. | ||
| He understands capital markets. | ||
| And people have respect for him throughout the world. | ||
| Finance ministers, all of it. | ||
| Now... Certain other elements, I won't say Elon Musk, but certain other elements push hard for Howard Lutnick. | ||
| Now, Lutnick's a good guy, but he's a bond salesman. | ||
| That's exactly what you don't need in a situation like this. | ||
| And think about if he had been Secretary of Treasury right now. | ||
| Let me be blunt about it. | ||
|
unidentified
|
It would be very choppy, right? | |
| So you have to think downrange from this. | ||
| And we're not going to get all worked up on things. | ||
| We have to country right now. | ||
| This is one of the most pivotal, if not the most pivotal moment in the history of this republic. | ||
| And Dr. Thayer is right. | ||
| Dr. Thayer, take a minute or two to explain what you mean. | ||
| We've got to meet the moment now that this is the supreme hour for President Trump, the MAGA movement, and this republic, sir. | ||
| It is indeed, Steve, and what... | ||
| President Trump didn't start an economic war. | ||
| The Chinese Communist Party started the economic war. | ||
| It's been waging it against us for many, many decades. | ||
| What President Trump is doing is responding to their economic attack. | ||
| And what he has done is brilliant because he's maneuvered the Chinese Communist Party into a regime crisis. | ||
| They already face a legitimacy crisis because they're communists, right? | ||
| And communists don't rule anywhere legitimately. | ||
| They don't rule with the consent of the Chinese people. | ||
| They're a colonial government that was imposed by the Soviet Union in the wake of World War II. But what President Trump is doing expertly is maneuvering them into now a crisis that really is getting to the | ||
| heart of that regime. | ||
| And now Xi Jinping has only stark choices with which to address the massive problem that he confronts. | ||
| And that is his economy is in free fall. | ||
| He doesn't have a solution to get the economy out of free fall. | ||
| It would only be the U.S. market that could assist him. | ||
| And Trump is denying him that economic market. | ||
| So what Trump is doing is doing his utmost to win this economic war so he doesn't have to fight a kinetic one at some point in time with the Chinese Communist Party. | ||
| But this is going to make it more dangerous than ever. | ||
| This is why Taiwan right now, the Seventh Fleet, ought to be on alert. | ||
| He's got a toolbox of weapons used in this trade war and others, but they're not above turning to ultra-nationalism and say, hey, the foreign devils are trying to destroy us and we've got to take our province back to Taiwan. | ||
| Dr. Thayer, where do people go to get your writings, your website, also your social media, because your perspective, I think, now more than ever is needed? | ||
| That's right, Steve. | ||
| Just to stress the point that his response may not be economic. | ||
| It may be kinetic or biological. | ||
| It may be unconventional. | ||
| Keep in mind, there are tens of thousands of Chinese men, soldiers very likely, who are in the U.S. that Biden allowed in. | ||
| That's very worrisome. | ||
| So you can reach me at Brad Theron X or Bradley Theron Getter and at Truth. | ||
| Thanks very much, Steve. | ||
| We will drill down on that tomorrow. | ||
| There are tens of thousands of Chinese nationals here, young fighting-age men that were allowed in in the Great Invasion that have not been shipped back to Venezuela. | ||
| They're not part of gangs. | ||
| They're laying low, and that is a problem. | ||
| Chris Wray said the infrastructure problem was a huge problem. | ||
| We're going to get into all that because now we're at unbridled economic war. | ||
| We've engaged with the economic war they've been at. | ||
| Dr. Thayer, thank you so much. | ||
| Thank you, Steve. | ||
| Ken Paxton announced last night he's running for the U.S. Senate against Cornyn in Texas. | ||
| That's going to be a barn burner. | ||
| I want to thank Glenn's story and team at Patriot Mobile. | ||
| They're one of the big supporters of Ken Paxton. | ||
| We love Ken Paxton. | ||
| It's going to be a long, tough one, folks. | ||
| But that situation down in Texas has got to get sorted out. | ||
| It's a MAGA state. | ||
| Ken Paxton's a MAGA candidate. | ||
| They tried to impeach him, and you, the audience, saved that. | ||
| So we're going to get, obviously, very involved in that. | ||
| I want to thank Glenn's story and the team. | ||
| One thing I'll say about Story, the company, Patriot Mobile, the service is incredible. | ||
| This is not about selling you on the company anymore because the company is unparalleled. | ||
| And particularly as a, basically a bastion of the alternative economy. | ||
| And don't think there's not still coming for you folks. | ||
| This fight's a long way from over internally. | ||
| You cut on, you watch MSNBC like we do every night and break it down and they're coming and they're coming hard. | ||
| And Natalie Wonders does such a great job of talking about the color revolution. | ||
| Patriot Mobile is all about switching over. | ||
| Just 972-PATRIOT. | ||
| Talk to one of their reps. | ||
| You'll get the pricing. | ||
| It's super cheap. | ||
| You get a free month by putting in promo code BANNED. | ||
| But talk to one of their U.S. reps who's a United States citizen on a company that supports your values. | ||
| The values of the Judeo-Christian West. | ||
| And they're proud of it. | ||
| And they ain't backing off it, just like President Trump's not backing off it. | ||
| 972-PATRIOT. | ||
| Do it today and switch. | ||
| Today. We'll have more on Ken Paxton and all of it down in the great state of Texas. | ||
| Okay. Charlie Kirk's up. | ||
| Poso after that. | ||
| Gruber. Eric Bolling. | ||
| We're back at 5 to 7. Dave Brat's going to be riding shotgun with me. | ||
| It's going to be a pretty intense day. | ||
| We'll break everything down to you. | ||
| Make sure you go check out Birch Gold. | ||
| Best way to do it, take your phone out. | ||
| Bannon, 989898. | ||
| Get the free ultimate guide on investing in gold in the era of Trump. | ||
| A little choppy today. |
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