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April 23, 2025 - Bannon's War Room
51:53
Episode 4433: Fighting The System That Is Working Against Americans For Over 50 Years
Participants
Main voices
s
scott bessent
05:46
s
steve bannon
27:12
Appearances
b
ben harnwell
04:57
d
dave brat
02:55
n
natalie winters
01:02
Clips
b
brian glenn
00:05
j
jake tapper
00:08
| Copy link to current segment

Speaker Time Text
unidentified
This is my first time in here.
natalie winters
Well, you're only probably with the most controversial White House correspondents.
unidentified
And I'm actually really good at yelling because I used to be a ring announcer.
natalie winters
We're all biased, right?
We just wear our bias, which I think is a pejorative term to begin with, on our sleeves.
unidentified
I mean, there's no doubt about it.
I'm pro-Trump.
brian glenn
The questions I ask, in my opinion, are going to help highlight the good things that he's doing for America.
unidentified
These are White House correspondents like you've never seen before.
They're part of the Trump administration's push to bring so-called new media into the White House.
natalie winters
We have an individual in our new media seat today.
unidentified
Cara Castronova is White House correspondent for Lindell TV. Go to mypillow.com.
Yes, that.
natalie winters
Boys will be boys.
unidentified
The new media outlets have full access to the White House briefing room where they ask questions like this.
Will you guys also consider releasing the president's fitness plan?
He actually looks healthier than ever before.
Is he working out with Bobby Kennedy?
And is he eating less McDonald's?
I can confirm the president is in very good shape.
Why don't you wear a suit?
Why don't you wear a suit?
You're the highest level in this country's office.
And the characterization of what you were doing, asking Zelensky that question, that you were trolling?
I'm not a troll.
I never have been.
That was a legitimate question I just wanted to ask.
I didn't mean to, you know, get everyone fired up like they did.
If you look at the last 93 days, how close is his agenda to...
What's in the playbook?
It has been almost step for step.
You can draw a straight line from what we see in these chapters to the executive orders, to the kind of things they're pursuing.
Civil servants, obviously.
And really, those denials were always nonsense.
The people who put this together served in the first Trump administration.
They served in this administration.
They worked on his platform committee for the 2024 campaign.
You know, it was hogwash.
Then given that, when people say, oh, Elon Musk is the shadow president.
Do they have it all wrong when it comes to a shadow president?
Is it Russell Vogt, right?
He's now head of the OMB, has huge power in the administration, and he's one of the main architects of Project 2025.
That's right, and he lays out in the plan exactly how to use the executive branch.
He thought very closely about how, for example, OMB could become not so much a managerial center, but a place that forces the agencies to do exactly what the president wants.
And what the president wants seems to be exactly what Project 2025 wants.
These people, these architects of Project 2025, I want to go back to this gap you were talking about.
What do their lives look like?
Because when I think about traditional American families, Donald Trump has been married three times.
Elon Musk has 13 children, and as of last week, he's marketing for open potential wombs to procreate more.
Who are these people specifically?
Because the kind of traditional families you're talking about don't seem to be the way they live their own lives.
You know, some of the folks who wrote these chapters do.
And what they've discovered is that Donald Trump is a really good vessel.
They, I think, understand that he is not, you know, a particularly serious person to do this, but that he can achieve what they want.
And so they've grafted their goals onto his so that they can get the vision of the family that they want implemented.
Now the briefing room, the seats are, you know, big networks up front.
You're hoping that that will be rearranged, that outlets like yourself might have a more prominent seat here?
natalie winters
Definitely. If it were up to me, I'd kick a lot of these outlets out.
I view my role here more as sort of reporting on not so much the White House, but really the media.
unidentified
Natalie Winters is White House correspondent for Steve Bannon's show War Room.
natalie winters
Our bias is not to be sycophants for President Trump.
Our bias is for our audience, which is the working class of America, the people who want to put this country first.
unidentified
If Trump messes up, will you guys call it out?
natalie winters
Yeah, and we have.
I think time and time again, particularly on the vertical and issue,
unidentified
We met the new media correspondents on the day Trump announced tariffs that could upend the world economic order.
As other news outlets reported on the tanking stock market, on Bannon TV, they celebrated.
natalie winters
The sitting president put America's working class first, and it's a glorious day to be standing here at the White House and to be able to say that and bring that to you.
unidentified
Have the quote-unquote traditional reporters that are here been hostile to you at all?
natalie winters
Well, I think they know better than to come after Natalie Winters and the war room posse, but it's the looks, the eye rolls, the conversations that I overhear.
unidentified
And what they've discovered is that Donald Trump is a really good vessel.
They, I think, understand that he is not a particularly serious person to do this.
He can achieve what they want.
And so they've grafted their goals onto his so that they can get the vision of the family that they want implemented.
But many of the people who voted for Donald Trump voted for him because he was a business guy and they did it for the economy.
The baby bonuses and federally funded menstrual classes, could this hurt Donald Trump politically?
Because I would guess...
That the core base who supports those ideas are not the overwhelming majority of Americans and even the majority of people who voted for Trump.
I think that's right.
I mean, they talk about this as a vision of liberty, but it's not a vision of liberty that I think most Americans associate with.
And it doesn't feel like freedom to them.
It feels like a step backwards and putting people back into boxes they were in in the 1950s.
So what is the endgame for the authors of Project 2025?
Because when I say I look at Republican lawmakers and over the last 93 days, do they feel like they're winning?
And for many of them, the answer is no.
But I'm guessing...
For the Project 2025 crew, they feel like they're winning.
That's right.
They want to move things as far as they can as quickly as they can.
And they know they're going to get stopped after 100 days or after two years when they get to the midterms.
But they're playing a very long game.
They just want to move the ball forward.
And they are looking, you know, decades into the future at a federal government to be much more restrained and focused around their goals.
When Trump is gone, they're still going to be around.
They're adjusting to life as part of the White House press corps.
These big tents here is where you have CNN, ABC, the networks, and you guys are kind of off to the side here.
So we're kind of off to the side, which is what a lot of alternate media is doing right now.
From the protocols.
There were times at the beginning when we're standing kind of here, not realizing we're in people's shots.
To the snack selection.
And this is off topic.
The vending machine is full of junk food, and I'm a big Maha person.
I almost ate a beef Slim Jim yesterday.
Do you consider yourself a journalist?
Yes. Tell me.
Seems like you took a little pause to process that.
But I think we all should have a seat at the table.
I really do.
And the very first week she did the new media, it was Axios.
And Axios, by no stretch of imagination, is a conservative new media.
But while not all new media here are MAGA media, a lot of them are more cheerleading President Trump than challenging him.
You are a Trump fan, right?
Yes, I'm definitely a supporter of President Trump.
Will you be able to hold him to account?
I will be able to hold 100% him to account.
You know, there's, I'm sure, things that will happen that I disagree with, and I have said plenty of times, you know, on the record, when I've disagreed with his decisions.
Is there anything so far in this administration you've disagreed with?
I'm not going to, let me put some thought into that for a second.
I'm just overwhelmed with how well I perceive things to be going.
But to the people, and I'm sure you see this online every single day, who say you don't deserve to be here because you're not a real journalist, what's your response to them?
natalie winters
Well, I'm pretty sure the group of people in there spent, what was it, four years covering for someone who was essentially dead, and that's being charitable in my description of him, a president by the name of Joe Biden.
unidentified
So to all those people who are apoplectic over having new media voices, The chair of the White House Correspondents Association, a group that has represented White House reporters for more than a century, recently wrote, for the public to get information it needs to understand and make decisions about the most powerful office in the world,
it needs news produced by experienced professional journalists who ask tough questions and produce fair comments.
40% of Americans don't trust mainstream media.
Why is that?
How did we get here?
Listen, we are seeing a huge loss in trust of all of our institutions.
It's the media.
It's medicine.
It's banking.
It's a huge problem because when you think about democracy and all of these pillars, they need to stand tall.
They need to stand strong.
And sort of losing that trust is not by accident.
It's by design.
If you remember when President Trump was running the first time, Steve Bannon once said, the goal is to blow the whole thing up.
And so I think that you've got mistakes made or things starting to slip, while at the same time there's a concerted effort to destroy the media.
Because the media, the news media, is, in my opinion, the last light of defense of holding power accountable.
Right? And you had a bit of a perfect storm, right?
President Trump won and tons of people were shocked or angry or frustrated and they're tuning out.
And at the same time, you have the Elon Musk media machine because they want you to leave traditional media and they want you to go to X, which is a bastion of misinformation where there is no fact checking.
So it's a perfect storm of people saying, I'm angry, I'm frustrated, I'm tuning out, I'm disconnecting.
And then you have a force pushing it.
Even in the last two weeks, what we need to do is just cover what's happening in America.
steve bannon
This is the primal scream of a dying regime.
Pray for our enemies, because we're going medieval on these people.
I got a free shot 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.
jake tapper
And where do people like that go to share the big line?
unidentified
MAGA Media.
jake tapper
I wish in my soul, I wish that any of these people had a conscience.
unidentified
Ask yourself, what is my task and what is my purpose?
steve bannon
If that answer is to save my country, this country will be saved.
unidentified
War Room.
Here's your host, Stephen K. Mann.
steve bannon
Wednesday, 23 April, year of our Lord, 2025.
There's a really proud of Natalie and Brian Glenn in the team.
That's a hit piece by CNN.
Of course, we volunteered, you know, War Room, Real America's Voice volunteered to be part of that.
But I think you see between Stephanie Rule and with the comedian off of the office, was it Rain?
And her doing the podcast with him and what CNN's doing, this complete joke about how the media's asking tough questions and very professional.
Come on, man.
This is so obviously ridiculous that it doesn't even garner a response.
We just mock it, and I really want to thank the team for doing a great cut there.
The heart of the matter is Stephanie Ruhl on our show last night talking about Project 2025 and, of course, Russ Vogt.
Russ is obviously one of the key players.
I think he and Besant formed the interconnected both managing of the federal government and trying to deconstruct this and really get cost out programmatically and do it thoroughly and make sure we get this thing down, along with Scott being the head of really the negotiations for the deals,
which traditionally would fall to commerce but has fallen to treasury.
I think people can understand why, Scott.
Safe pair of hands, very steady Eddie, you know, calming the capital markets down.
Yesterday, President Trump put out, they said, hey, the 125, 145 percent may be too high, and we're going to try to, you know, work through this with the Chinese.
The Chinese have already reached out at the ministerial level to try to see what's doable.
Scott Besant right now is over at IMF, and he is addressing...
And this is the International Monetary Fund.
They're the ones who just downgraded the United States yesterday on growth, I think from 2.5% of GDP growth this year to 1.8%.
That's a pretty big drop.
And if that's true, that will have a big impact.
Just saying.
They blame it on the tariffs, which is not about the tariffs.
So Scott is the lead.
President Trump saying that.
Then he also said, hey, I'm not going to fire the Federal Reserve.
We brought that to you live last night.
We told you live on the show at 6 o'clock, right before we went off, I think it was right close to 7, that futures had gone up 400 points.
So the market's up.
Remember, this is much deeper than the stock market or the bond market or the bond market gets a vote because we're so leveraged, I might say.
But Scott Besson's over there talking.
I think he just mentioned a moment ago.
I'm going to come to it after break.
We can blow the break?
Can we go to Scott Besson?
Let's go to Scott Besson, Secretary of Treasurer over at IMF right now.
Let's cut over there.
scott bessent
...of promoting global monetary cooperation and financial stability.
Now it devotes disproportionate time and resources to work on climate change, gender, and social issues.
These issues are not...
The IMF's mission.
And the IMF's focus in these areas is crowding out its work on critical macroeconomic issues.
The IMF must be a brutal truth-teller, and not just to some members.
Today, the IMF has been whistling past the graveyard.
Its 2024 external sector report was entitled,"Imbalances Receding." This Pollyannish outlook is symptomatic of an institution more dedicated to preserving the status quo than answering the hard questions.
Here in the United States, we know we need to get our fiscal house in order.
The last administration ran up the largest peacetime deficit in our nation's history.
The current administration is committed to fixing this.
We are open to critique.
But we will not abide the IMF failing to critique the countries that most need it, principally surplus countries.
In line with its core mandate, the IMF needs to call out countries like China that have pursued globally distorted policies and opaque currency practices for many decades.
I also expect the IMF to call out unsustainable lending practices by certain creditor countries.
Should push more proactively official bilateral lenders to come to the table early to work with borrower countries to minimize periods of debt distress.
The IMF must refocus its lending on addressing balance of payment problems, and its lending should be temporary.
When done responsibly, IMF lending is at the very core of its contribution to the global economy.
When markets fail, the IMF steps in and makes resources available.
In exchange, countries implement economic reforms to resolve their balance of payments issues and support economic growth.
are some of the IMF's most important contributions to a strong, sustainable, and balanced global economy.
Argentina is a fitting example.
I was in Argentina earlier this month to demonstrate the United States support for the IMF efforts to help the country reset financially.
Argentina deserves the IMF's support because the country is making real progress toward meeting financial benchmarks.
But not every country is so deserving.
The IMF must hold countries accountable for implementing economic reforms, and sometimes the IMF needs to say no.
The organization has no obligation to lend to countries that fail to implement reforms.
Economic stability and growth should be the markers of the IMF's success, not how much money the institution lends out.
World Bank.
Like the IMF, the World Bank must be made fit for purpose again.
The World Bank Group helps developing countries grow their economies, reduce poverty, increase private investment support, The bank,
along with the fund, provides extensive technical support to promote debt sustainability among low-income countries, which empowers those countries to stand up to coercive and opaque Lending terms from other creditors.
These core functions of the World Bank complement the Trump administration's efforts to foster safer, stronger, and more prosperous economies in the United States and the world.
But the bank, like the IMF, has strayed in certain respects from its initial mission.
The bank should no longer expect blank checks for vapid, buzzword-centric marketing accompanied by half-hearted commitments to reform.
As the bank returns to its core mission, it must use its resources as efficiently and effectively as possible.
And it must do so in ways that demonstrate tangible values for all member countries.
The bank can use its resources more efficiently now by focusing on increasing energy access.
Business leaders the world over identify unreliable power supply as one of the primary impediments to investment.
The World Bank and African Development Bank's Joint Mission 300 initiative to expand energy access to 300 million more people in Africa is a welcome.
effort. But the World Bank must respond to countries'energy
steve bannon
Right there, by the way, we finance IMF and he's over at one of these international economics institutes talking about the IMF and the World Bank.
He just dropped a hammer.
Those are not familiar with the lingo.
He's saying because of the IMF.
Just downgraded the United States yesterday on President Trump's watch about his business plan or his economic model from growth of 2.5% down to growth of 1.8%.
I'm going to get all into this because this is tied to the, and if Grace and Moe can start putting up all the articles about the tax cuts, because this is being misreported by the conservative media and the Republican media.
They're saying, oh, massive tax hikes for the wealth?
No. It's about massive tax cuts for working class and middle class people.
I mean massive tax cuts.
You extend the Trump tax cuts permanently for that group, those brackets, plus no tax on tips, no tax on overtime, and no tax on Social Security.
So we'll get it all into that.
And it's inextricably linked back to the growth rate because the growth of the economy...
Is the denominator that kind of marks how much tax revenue one is going to get from both corporations and from individuals.
And this is my point, and no one can refute it because it's mathematics and it's not refutable, is the math does not work unless you don't...
We're not raising taxes.
What you're doing is not extending the tax cuts.
For the upper bracket, or if President Trump wants it, $1 million to 40%.
It's quite simple.
It's called mathematics.
And anybody, Grover Norquist, Newt Gingrich, all of you, bring it, baby.
And bring some math when you come.
Okay? Bring some math when you come.
Because the program that you guys have is not sustainable.
And the bond market gets a vote, and what we don't want to do is have the bond market start trying to turf out the Trump administration.
Quite simple.
President Trump's got a lot of stuff to do.
Let's go to St. Peter's.
Right there out front.
Our own Ben Harnwell.
Ben, you called it the other day.
And one of the TV networks actually was truthful last night when they had a live...
I guess it's the streaming service of Catholic TV, which kind of streams a lot of footage and a lot of what's going on in the Vatican.
And they said...
Hey, it's pretty obvious that this rosary for the Pope, there's not many people in attendance.
Sir, give us an update.
ben harnwell
Well, of course, in a certain point of view, there's a need for Catholics to be praying right now because the prayers have already worked their efficacy.
The latest news today, this morning, is that the remains, the corpse of, inverted commas, Pope Francis, have been transferred.
From Casa Santa Marta, which is his private hotel where he lived, to the Vatican.
And they're open there for the public for three days.
Today, tomorrow and Friday, the public can pay their respect.
That's why you can see behind me there are so many more people in the piazza than in the first two days.
Because if you're a tourist here in Rome, then obviously the first thing you're going to want to do is go and see how can I put this Rome's number one.
Celebrity. That's the latest, and I'll be keeping the Warren Posse updated day by day on the development set.
But there is something that I saw this morning, and we discussed it lightly before the show, because this is really, I think, a great tribute to the power of the Warren audience.
And that is, at this moment in time, the Financial Times, one of the most sedate newspapers in the world, carries an article, and I've put this out on my feed, and entitled The MAGA Catholics, We're trying to take back control of the church.
I very strongly recommend the Posse.
Go download this, have a look at it.
As I say, we'll put it out.
It mentions in passing you and Vice President France as being the most celebrated MAGA Catholic.
The point I actually want to draw the Posse's attention to, however, is that the last paragraph, the very bottom, mentions an interesting fact that of 10 US cardinals that are eligible...
to vote in this concert.
That is to say that are under 80s or six of them have been appointed by Pope Trump.
The reason I say, Steve, I think this is important, is because one of the great shits of this, of Pope Francis, of Pope Bergoglio, was that he said so many times,
he wanted the Catholic Church, the priests, to have the smell of...
What he's saying is the Catholic Church should be close to the people that it serves.
Here's my point, Steve, on the prudential issues facing the church today, on which Catholics of goodwill have the entire discretion in the public square to choose the best approach of bringing and making real the kingdom of Jesus Christ in the world today.
Pope Francis appointed bishops which were radically out of step with practicing Catholics.
This is the point about the six out of ten US cardinals being picked by Francis.
He said he wanted a church that was close to the people and had pastors that had smell of the sheep.
But the people he picked were radically opposed to everything that the flock stands for.
And that's the, and I hand back to you on this point, that just illustrates the degree of contempt that the hierarchy under Baird Goliath had for the faithful and the gaslighting that was engaged.
steve bannon
No, this is someone for his policies, hated Trump, hated MAGA, I think hated the United States of America, and was a progressive.
He was a...
For our non-Catholics, people go, why do you spend so much time with this?
Well, this institution, whether you like it or not, has massive political implications.
And this is one of the keystones of the progressive left globally.
And that's why there's so many traditional Catholics.
So many Catholics have revolted against this.
And I think we're headed to a schism unless Bergoglio exited the scene, which he did to go to his Jesh Rewards.
And you should know we're working a lot behind the scenes with traditional Catholics to try to figure out a plan here, but this is going to have, because evangelical Christians and traditional Catholics are one of the central building blocks of the MAGA movement in this country, and they're unshakable.
Every political movement has to have a foundational element that is rock-hard and powerful and is unrelenting.
That is what the certain elements of the evangelical community and certain elements of the Catholic community are that with others, but that's a foundational element, a foundational element that is growing.
Foundational element have certain urgency.
Ben, 4 a.m.
And I'm working out with REV how that's going to be covered before, I think, 4 a.m. on Saturday morning.
The funeral.
President Trump will be in attendance.
My understanding is President Trump's going over.
He's going to be a very small delegation.
President Trump's going to go over and then return, I think, fairly quickly.
He's going to get ready for his trip now to the Middle East.
It's been announced.
It's going to be May 13th to 15th.
President Trump's going to Saudi Arabia, United Arab Emirates, and Qatar.
I'm not going to go to Jerusalem.
Ben Harnwell, after that, talk to me about the conclave.
We've got about two minutes.
And I know you've got to bolt to do other interviews.
Talk to me about the conclave.
It's already started.
The knives are already out.
But when does it officially kick off?
ben harnwell
Well, the general congregation started absurdly yesterday.
Less than 24 hours.
The court wasn't even cold.
And Pope Francis is most...
Those close colleagues already started their politicking, which is appalling.
I want to quickly finish, if I may, however, on the point you just mentioned.
This is really important in the world today.
What we saw under this pontificate, because the Catholic hierarchy, the bishop, the cardinals, had vacated the public square on these issues, the pro-life issues, the cultural issues, what we actually saw happening, and this is beautiful to watch, was an alliance between traditional Catholics.
And conservative evangelical Christians fighting issues.
Basically, evangelicals have stepped up to fill the role that Bergoglio and his henchmen have vacated.
unidentified
Steve, what was Francis' response to this?
ben harnwell
He condemned it.
He wanted to be in charge of what ecumenism was, which is basically Protestants who don't believe a word of their faith, Catholics who don't believe a word of their faith, they get together and they agree on how much they have in common.
Well, of course, what the laity were doing...
As I say, believing Catholics and believing Protestants, believing Evangelicals, what they were doing on their own initiative was coming together to offer a testimony of the laws and the Kingdom of Jesus Christ on this world.
and Berthoglio condemned it.
He said, I do not like conservative evangelicals and traditionalist tactics coming together.
This is not what ecumenism is.
And I'll just leave that there for you, Le Posse can draw their own conclusions.
steve bannon
Ben, Ben, why...
ben harnwell
Conwell.
steve bannon
Perfect. And Ben's putting up stuff non-stop.
Grace and Mo will put out the link.
Ben's putting up stuff non-stop.
unidentified
Okay, Ben, go about your other interviews.
steve bannon
Spread the word in the Vatican.
Short commercial break.
and break down the politics, the economics, the geostrategic drive of President Trump next in the war room.
unidentified
Now I'm dry, we'll be right back.
Here's your host, Stephen K. Vann.
Um...
steve bannon
A couple other things Scott Besson said, and this is on a tweet.
Just sent to me from over the Treasury.
I want to read this.
This is part of the speech.
Maybe we'll break part of this down this afternoon.
Quote, China in particular is in need of rebalancing.
He was calling out the IMF and a little bit the World Bank for not putting the same hard eye they put on the U.S. and the U.S. economy on other people.
China has gotten Away with murder.
Because all the institutions of the world are corrupted by the Chinese Communist Party, including the UN's engine room in Geneva, World Health Organization, the education, all of it.
Because it's all run, you go to Geneva, virtually all these things at the working level are with Chinese Communist Party apparatchiks.
Scott Besson, China in particular is in need of rebalancing.
China's current economic model is built on exporting its way out of economic troubles.
It's an unsustainable model that is not only harming China, but the entire world.
China needs to change.
Now, they're running around now saying President Trump's going to cut the tariffs down to 50%, which was the original plan was supposed to be 50. He, because they retaliated, went to 125 and then to 145.
I'm not certain you're going to see a President Trump climb down like that.
Charlie Gasparino is already out saying she's probably maybe not going to respond to this.
The Chinese Communist Party, and even in the administration, the Chinese Communist Party is at war with us.
They have been at war with us for quite a while.
Unrestricted warfare is their blueprint.
They're out in public.
They talk about this all the time, and it's a coordinated effort.
As we've had Natalie Winters and the people of New Federal State of China and the Committee on the Present Danger, China, Frank Gaffney, for years and years and years and years and years, we've preached it.
This is why Josh Rogan's book says at the beginning, you know, Bannon, Navarro, and Stephen Miller were these kind of super hawks that didn't believe the Chinese Communist Party was the legitimate government of the Chinese people, given the fact that the U.S. State Department kind of gave them the country.
Back in the late 1940s, I realized they had a couple of battlefield wins, no doubt.
But, you know, the tides of war, people have battlefield wins all the time.
Don't turn the country over to them.
And then when it collapses, we've gone over and over and over again in 1989, when students and Lao Bai Jing, who wanted their freedom, were about to overthrow these guys.
Bush stepped in and saved them.
Full stop.
I hate to bring up unpleasant facts.
Why? To turn it into a slave labor camp and ship all the high-value-added jobs, the 5 million jobs we shipped to China.
Think this country would be a little different if you had those 5 million highly-paid manufacturing jobs back?
You think it would be a little different?
Think your life would be different?
Think your community would be different?
Yeah, it would be damn different.
You take that and you add, if we'd not gotten into these Middle East wars, it cost us $9 trillion and killed 10,000 troops.
Another, I don't know, 10,000 contractors who are just basically troops who are not on the balance sheet.
And, I don't know, wounded 50,000 with PTSD with a lot of them.
25 suicides a day.
Remember that fiasco?
Dave Bratt, what...
Besant's doing is, and he said today at the beginning, I think they got 100 countries stacked up.
The important ones are obviously Japan, Korea, Taiwan, India, Vietnam, the East Asian countries, because the Chinese Communist Party understands what's going on.
President Trump's cutting these trade deals, and that's why yesterday, in this escalation...
The escalatory ladder.
Beijing warns of retaliation against nations doing U.S. deals.
That's about as blunt as you can get.
So there's not going to be a climb down.
President Trump, I think they're rethinking the escalatory ladder because we went up it pretty quick.
I think Besson finally said it yesterday.
I've been saying this now for a week.
We have a full embargo on Chinese goods coming into this country.
Now, the model in this country, we do live on manufactured Chinese goods, full stop, I think $600 billion a year.
That's what we're trying to change by bringing back here.
And it's going to be ugly.
Right? It's going to be ugly.
And we're now getting into it.
But the nations of the world want to be a trading party in the United States of America.
What we have to have is not a mercantilist system.
They can't game the system.
Here's the issue.
It's just a very central basic issue.
All of our allies that from Asia to Europe and the Middle East go around the horn on the Eurasian landmass.
Start in Europe, go right around the Middle East, through India, which is horrible on the trade situation, and go to the littoral nations of the South China Sea and then up to Korea and Japan around the rim of the Eurasian landmass.
Every one of those were upside down on a trade.
And they got these non-tariff barriers to make sure that American goods are not sold there.
So therefore you're not going to manufacture.
That's what President Trump's trying to write.
And like I said, it's not the second law of thermodynamics of how we got here.
It was human action and human decisions.
He's trying to unwind that.
And the Chinese Communist Party has been the big beneficiary of corporate America.
Corporate America and Wall Street are the partners of the Chinese Communist Party.
They're not the partners of the American working people.
I don't want to go so far as to say they're your enemy.
However, during the Biden regime, you saw how they jumped on DEI.
You saw how they were running you out of there.
You saw how they were like the Stassi.
You see what, when it comes down to it, you see what side they take.
Did they take your side?
Right? You're not a communist.
You're not a socialist.
You're an American citizen.
Just ask the question, did they ever take your side?
On anything?
Oh yeah, that's right.
They'll have a commercial with the American flag and people running around like cowboys and riding horses.
If you just watch the commercials on TV, take the drug ads out of MSNBC, but if you watch the commercials, man, you're choked up every 30 seconds.
It's just amazing.
It's all traditional America.
It's all cowboys and people drinking beer and going to rodeos and square dancing.
It's incredible.
People with deep voices coming on there.
That's America.
Right? American flags flying.
It's so patriotic.
I get tear up.
And it's all 100% phony.
Because all they're doing is putting the shiv in you every day.
Have you noticed any of these people, one of them, come out and say, hey, you know what?
The whole system rests on the shoulders of the American working man and woman.
Yes, we understand.
Maybe we've got to bring some jobs back.
No. The only reason they come in investing is President Trump's, it's called a forcing function.
That's what the tariffs are.
Now, one of these guys are volunteering to come back here, and unless you stay on them, they're going to try to wilt away as they're sitting in their offices thinking, hey, AI, how to get rid of as many of these people with artificial intelligence as possible?
It's the logic of late-stage finance capitalism.
This is not capitalism as our founders knew it.
It's not capitalism as Adam Smith knew it.
Number one, it's a total mercantilist system.
A total mercantilist system.
You know what's interesting?
Dave Bratt, if memory serves me correctly, I think there were some guys around 250 years ago last Saturday at Lexington Common at Concord Bridge that had something to say about that.
I think they came out, remember, folks, they were coming out to look for the guns and look for the muskets and look for the powder.
Okay? So these crazy Americans, these colonists, wouldn't start shooting up the place.
But their number one, the reason they went through Lexington, their number one, well, they had to go through Lexington on the road, but their purpose of going even to Lexington was to get Sam Adams and John Hancock, two freebooters, heretofore referred to as smugglers.
Okay? Guys who were working around the crown and working around the British East India Company because they didn't dig the monopolistic capitalism.
In the mercantilist system of the British crown that had corrupted commons.
And so the whole fix was in.
And they said, hey, how about this?
Fix this.
We're going to give you some lead.
Brad, am I wrong?
It's the same fight, folks.
All you people sit there.
If I was around the Civil War, if I was around the American Revolution, I'd be standing at Lexington Common.
I'd be at Concord Bridge.
Emerson would be writing a poem about me.
Right? Well, stand in the breach now, because that's what this is about.
There's no difference.
Slightly different circumstance.
Essentially the same thing.
Dave Brat.
dave brat
Yeah, you're right on the money.
We're all made in the image of God.
That image of God comes via the individual.
It does not come in the aggregate.
It does not come from central planning, from the World Bank, or from the papacy.
It comes from God, and this country was set up by the founders to ensure certain rights.
Those rights were very simple.
They were three, and they were all negative.
They don't have to be provided by anybody.
Life, liberty, and the pursuit of happiness.
Negative rights.
They're not positive.
We never made a bargain to sign up for a $7 trillion government obscene budget that coerces behavior from the federal government, of all things.
Not even state or local.
We never made a deal to join another king.
It's all unconstitutional.
And it's very hard to unwind this.
And the Republicans, I've been thinking over the last few days, are responsible for all their passive votes where they just kind of okayed all these procedural links along the way.
So it's very hard to reverse this now.
We need to be inclusive.
The papacy and the federal government, we do not want them defining inclusivity, right?
We're not inclusive to drug dealers and terrorists.
We're not inclusive to people who have broken the law when they enter illegally, 10 million people.
So this is just a rouge.
And when it comes to the World Bank, kind of the same logic holds.
They do not allow a discussion of religion or politics in policy.
Those are ruled out, right?
So that's your first principle.
But they're open to the open society and its enemies, right?
They're open to the George Soros logic and the Marxist logic.
In the World Bank, I worked there over 30 years ago.
And if they would have stuck to their knitting and stuck to economic growth, that would be a good thing.
steve bannon
Stop. Stop.
Stop. Stop.
And I understand the audience is cheering on that Dave Brack gets into this break.
Thank you, Warren Fosse.
Thank the chat rooms.
Dave Brat, don't drop a bomb.
Don't bury the lead.
Dave Brat, libertarian.
Libertarian until he met Bannon.
Libertarian, free markets.
You, Dave Brat, worked at the World Bank, sir?
dave brat
Yes, well, and a lot of people say I look like Brat Pitt, but this was over 30 years ago, so I'm older than you think.
But yeah, I was a little dweeb back then.
I was asked, as a white guy, you can...
Tell I'm kind of white.
How I got in there on a regular basis.
But I was in seminary working with the liberals.
The liberals all used to care about workers.
And they used to care about endless wars.
And they used to care about borders even.
And the liberals disappeared on me.
And at the World Bank, there's so much internal corruption pre-dose.
30 years ago, there was corruption.
And so I'm glad Besson's on the track.
We fund the World Bank, IMF, all the post-World War II liberal Bretton Woods order.
We fund all of it.
The U.S. is the primary donor to all of it.
And they ought to be pursuing our logic to life, liberty, and the pursuit of happiness.
steve bannon
Hang over a second.
You're going to stick around with me.
Audience demands Brad stick around.
First off, no one says you look like Brad.
No one calls you Brad Pitt except yourself.
What is this?
Talk about Brad Pitt.
dave brat
I got good comments on my humor on that.
The War Room Posse loved that stuff.
They said, make ban and crack up.
steve bannon
Incredible. Brad's going to stick around.
We've got a lot more to go through.
And clearly, we're going to try to break down this whole thing on taxes, spending, all of it, because it's starting to heat up now.
They're coming back on Monday, finally.
I think Monday, maybe Tuesday.
I don't know how you can't be at work 24-7 on this thing.
Complete madness.
Take your phone out.
Text Bannon, B-A-N-N-O-N, 989898.
Get the ultimate guide, totally free, from Birch Gold on investing in gold and precious metals in the era of Trump.
We told you it was going to be volatile.
It was going to be a little bumpy, folks.
And bumpy it is.
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Short break.
unidentified
Here's your host, Stephen K. Bannon.
steve bannon
Home Tide Lock, the million-dollar triple lock protection.
What is it?
24-7 coverage of your title, which is the only piece of paper you have that shows you actually own the real asset you call your home, which is, I don't know, 80 or 90% of your net worth if you're lucky enough to own one.
Immediate notification if anybody's messing with your title immediately.
And at the end, a $1 million protection plan of restoration.
In case all else fails.
Natalie Dominguez and the team at Home Title Lock are on this.
You've got to check this out, particularly at times of both AI, cyber, and maybe, I don't know, a rogue accountant or lawyer or somebody who knows your business.
You can't believe how many ways people get in this because the nationwide system on this is pretty rudimentary.
You'd be shocked.
You'd be stunned when we get Natalie Dominguez on here and they talk about that.
Go to hometitlelock.com today.
Promo code STEVE.
Can't get any simpler than that.
But go check it out.
Check it out today.
Dave Bratt, Firestorm Overnight article in the Washington Post yesterday about President Trump thinking of alternatives for taxes.
And, of course, you've got the standard course of the Grover Norcrosses in the world and the New Gingriches and all these guys coming out.
First thing they say, hey, you know, Bush, no new taxes, and he got wiped, blah, blah, blah, blah.
They forget.
This is not raising tax on the wealthy.
This is a massive tax cut.
A massive tax cut to the people that need it most.
Upon whose shoulders rest the full faith and credit of the United States of America.
That would be the working class and middle class in this country that have been abused by the system.
Don't ask me.
Ask yourself in that little voice that you talk to yourself in.
Right? Have you not worked as hard as I'll get at?
Have you not played by the rules?
Have you not been a good householder?
Are you not Edmund Burke's little platoons?
Have you not done everything up through the system, supporting the system, patriotic?
You don't need some phony commercial by some global corporation that's got the American flag waving and a couple of cowboys and some girls going square dancing.
For your patriotism.
It's your sons and daughters on those carrier battle groups in the Red Seas.
It's your kids that have walked patrolling the Hindu Kush.
It's your kids that are with the 101st Airborne 4 deployed to Romania, of all places, on the border of Ukraine.
You answer the call.
You pay your taxes.
You coach the little leagues and, you know, work at the Lions Club and do your lunches and, you know, build the community.
As Burke said.
That's what the system's based upon.
This is a massive tax cut for you.
Extension permanently the Trump tax cuts of 2017 for the working class and middle class.
And in addition, additional big tax cuts.
No tax on tips, no tax on overtime, and no tax on Social Security.
For a starter, when you do the math of the spending and remember...
If the elites don't like their taxes being raised, then guess what?
Get your running dog lobbyists in this town to start working on some cuts.
unidentified
Not all the time, me, me, me, me, me.
steve bannon
Because the one thing President Trump is showing by going after the law firms and going after the universities, they're all pigs with their snouts in the trough.
Hey, Harvard, go do whatever the hell you want to.
I went there.
Go do whatever the hell you want to, but don't take billions of dollars, I think $9 billion of taxpayer money.
Go be what you want to be.
Go do it.
You know, University of Pennsylvania, Columbia, and Michigan, and Wisconsin out there, which they've got to go to, because that to me is where the real problem is.
Not simply the Ivies.
It's not simply about anti-Semitism.
It's broader than that.
It's deeper than that.
They're anti-American.
These faculties and these administrators, until it's not, with Trump, you got, now's the time to set things right.
And this is why the frustration of folks, I understand, over DOD, we're frustrated DOD.
Jay and FBI and others, not enough investigations, not enough people being perked out, not enough people, grand juries in front of grand juries.
You're not breaking up the deep state fast enough with a sense of urgency.
But right now, what's before us right now is going to be the big, beautiful bill.
And the bond market's going to get a vote.
They already got a vote.
This thing that happened over the last couple of days is not just simply about the trade war and the tariffs.
It's also in the senior executive editor of North America for the Economist magazine on TV the other night.
It's also they look at the spending coming out of the big, beautiful bill.
As I warn you, you just don't have unlimited alternatives now.
You don't.
We're past that point.
You're narrowing and narrowing and narrowing.
And both the radical Democrats are the worst.
They want open borders and unlimited spending and don't care.
And they run around like children.
But the controlled opposition of the Republican Party, the people now defending the elites from paying up, or at least paying a little bit more, are the ones that went along and got tapped along the entire time on this spending and supported the wars in the Middle East and supported a whole lot more.
So the day of reckoning is here, folks.
The simple math is, unless you raise the taxes at the upper bracket, The math doesn't work.
The math ain't that great with doing that.
But that's kind of a starter.
And so anybody who wants to show me, come back with some math, and, you know, what they're going to say is, like, what Elon said was going to be a 5% growth rate.
What Elon said, a lot of stuff.
That none of it's turned out to be accurate.
Like, where's my two training cuts?
Uh-oh, where's my one training cuts?
Uh-oh, where's my 150 billion cuts?
Just show me any cut.
That's not programmatic, because the programmatic were being done by other people.
Show me waste, fraud, and abuse.
You've been over the Pentagon for two months, bro.
That's a viper's nest of, wait for it, hang on, wait, wait, waste, fraud, and abuse.
I got nothing.
And you're going to have to cut the defense budget.
All these fantasies.
People run around to get fantasies.
They're fantasizing now.
The global bond market gets a vote here.
Don't forget the equity market, right?
That's just lowering the cost of equity capital for the companies.
It's important.
It's very important.
But it ain't the main thing.
The main thing is the bond market because the world's got $300 trillion of debt at every level.
And guess what we're having?
A margin call.
We try to learn you up here about why gold is a hedge.
We learn that.
In the end of the dollar empire, it's now taught in college-level finance classes because it's quite simply pretty accessible.
Go to birchgold.com slash end of the dollar or slash Bannon end of the dollar empire.
It's all free.
Free, free, free.
And we're doing a new update on the Rio Reset because the BRICS, they're sitting there.
They're no friends of the United States of America.
Trust me.
Chinese, we've got to de-dollarize this system.
We're going to screw the Americans.
Understand that, and you understand the way the world works.
unidentified
Because you're not going to see it on cable TV chasing shiny toys.
steve bannon
Short break.
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