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May 10, 2025 - Bannon's War Room

48:52

Episode 4477: The Relationship Between Wall Street And The imperial Capital

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Main voices

dave brat

09:32

steve bannon

28:14

Appearances

mike lindell

03:34

Clips

jake tapper

00:08

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Speaker	Time	Text
unidentified		As we're looking at this big budget bill, there's now this idea coming from the White House that Donald Trump could be open to raising taxes on the wealthy, as well as potentially closing the carried interest loophole.
		If you're not familiar with it, it is basically a giveaway to the private equity industry that year after year, lawmakers on both sides of the aisle say, God, that's ridiculous.
		We're going to get rid of it.
		Yet it never goes anywhere.
		Do you believe there's truth to this, that Donald Trump does actually want to increase taxes on the rich and close this carried interest loophole?
		Do you believe this?
		Because guess what?
		He does need to find a way to get this budget passed.
		I don't know that Donald Trump wants to do that.
		I don't think he has any particular philosophy of that.
		I think Steve Bannon does.
		Do you know what I mean?
		It feels like the disembodied hand of Steve Bannon reaching in, right?
		So I think that's true.
		I think they have to find the money somewhere, theoretically.
		It's not enough.
		I mean, they carried interest to the surrounding area in the federal budget.
		And what he's talking about wouldn't get you there.
		And taxing the rich, they're talking about people who earn over two and a half million dollars a year.
		That is 0.1% of the population.
		That's another number that won't get you there.
		Right, it's like the wealth tax is not.
		I touched you.
dave brat ▲ ● ▼		Grover Norquist comes in.
		I'm friends with Grover, president of America's tax reform, said on Wednesday, you know, this, we oppose this.
		This is not Republican policy.
		David McIntosh, president of Club for Growth.
		I know David McIntosh said in a statement, scaling back the size and scope of the $4 trillion tax cut will help the Democrats.
		That's right.
		This is not a serious option, and it's political suicide.
		And so the problem that we have on the populist side is all these voices are out there talking about tax cuts for the rich, but they're not talking about Congress overspending.
		Notice all the lobbyists are there for the tax cuts for the rich.
		We don't have any lobbyists for the American people.
		Who are paying the bill for all this, right?
		So no one's cutting the $7 trillion budget.
		It's not going to go down much at all.
		Steve's been covering it brilliantly for the last months.
		It looks like spending might even go up.
		There's some hope.
		Well, we'll see if we get a 17% reduction in non-defense discretionary.
		That's promising, but that's a small piece.
		And so I just kind of wanted to lay out some of the arguments.
		Go look up the Hill article.
		Refresh yourselves.
		The American people can make this.
		I think we ought to use that tax piece as leverage.
		If the rich have lobbyists at work, why don't you put those lobbyists in charge of cutting spending as well?
		If we get the government to disappear, then business will flourish.
		We all want that.
		That's the outcome we want.
		I want economic growth.
		And so this is the way to do it.
		We need to team up and reduce government spending.
		The tax guys say, well, if you tax the rich or whatever, you're just going to provide more money for government.
		Well, the Fed, the Federal Reserve and every institution is doing that already.
		The Milton Friedman logic has not worked.
		And I'm a Milton Friedman fanatic.
		Steve mocks me for being Milti Friedman Jr.
		Right?
		And so I just want to share a few thoughts.
		This has to do with Major League implications for politics and the Republican Party going forward.
steve bannon ▲ ● ▼		This is the primal scream of a dying regime.
steve bannon ▲ ● ▼		Pray for our enemies.
unidentified		Because we're going medieval on these people.
steve bannon ▲ ● ▼		I got a free shot at all these networks lying about the people.
		The people have had a belly full of it.
		I know you don't like hearing that.
		I know you'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 lie?
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.
unidentified		Here's your host, Stephen K. Mann.
steve bannon ▲ ● ▼		Saturday, 10 May, Year of the Alert, 2025.
		So Dave Bratt, you know, Grover Norcross, none of these guys ever talk about cutting spending.
		And here's the problem.
		The wealthy benefit from the increased federal spending.
		How do I know this?
		How did President Trump break the law firms?
		The law firms are the way that the wealthy, it's the direct link.
		It's not connective tissue.
		It's harder than that.
		It's like linkage.
		And a transmission between Wall Street, the capital markets, and the imperial capital.
		The folks up here that just do as they're told.
		Vote the way the money tells them to vote.
		The universities are three things.
		Number one, when Doge first started, when OMB asked, just like, let's take a pause, where's all the money?
		And people melted down, but you found out the federal money is in every district.
		It's everywhere.
		That's what $7 trillion a year gets you, okay?
		Number two, when Treasury said, oh, they had the checks, the $4.6 trillion, everybody froze up there.
		Think about that.
		Both of those turned out to be nothing burgers, but it showed you the scale and the depth of the problem.
		Then you go to how did Trump break the law firms?
		How did the brilliant Boris Epstein come up with it?
		It's to put in there, not just take away your security clearances.
		You can't work on any more government contracts.
		And oh, by the way, any clients that keep you will not be eligible for government contracts.
		That means federal money.
		This is a bazaar up here.
		It's like a bazaar in Baghdad back in the medieval times.
		That's what it is.
		Everything's an auction.
		Every day.
		And the pigs up here have got their nose and the snout.
		And you're paying the price.
		The lobbyist you got is Trump.
		And look, everybody's got around him.
		And I'm telling you, take this to the bank.
		We have changed the electorate to now be able to win.
		Because on traditional Republican orthodoxy, you can't win.
		You can't sell.
		It's not sellable to the American people because it doesn't work.
		This is why the country's in such bad shape, because Fox News and the Republican Party were controlled opposition, kind of went along with it.
		You're seeing it again right here.
		Look at all this happy talk.
		Look at all the lies being said about raising taxes on the wealthy.
		It's not that we want to raise taxes on the wealthy.
		The money must come from somewhere.
		And they're the driving factor on spending.
		I believe in incentives.
		It's a great incentive to give them a wake-up call.
		You don't want to pay higher taxes.
		Then get your lobbyists to back off and help us cut this budget.
		Did you see one penny out of defense?
		And I consider myself a hawk.
		We don't need a trillion dollars.
		And Russ Vogt, the brilliant Russ Vogt, his theory of the case now with the top-up of the other $150 billion is that we get it all to these guys at one time.
		Dave, so now they don't come back every year and then we have to have cuts.
		You know, we can't cut social spending because we can't cut this.
		It's all kind of gobbledygook.
		We've got to face reality and do a very basic, like when you're doing a bankruptcy.
		When you're doing a bankruptcy, there's all kind of people yelling and screaming.
		You've got to get down to the basics.
		Cash in, cash out.
		What does my balance sheet look like?
	What can be monetized here?
	How do you do this?
	Number one, how do you cut spending?
	You're absolutely correct, but Dave, you sit there and you've got Grover and you've got Club for Growth and they're all, you know, they want to do this and they want to do this.
	Austrian economics.
	They never talk about cutting spending.
	We came up with $163 billion, which is just a lick and a promise.
	That's on a 1.75 discretionary budget, $163 billion.
	And they're talking about how this is so many conservative wins here.
	Bottom line, let's just go to the bottom line.
	Of all the pieces that are coming together here, and Brett, help me out, brother.
	Right now.
	If you put this all together, the deficit in this budget of 26 is going to be $2.5 trillion.
	$2.5 trillion.
	I dare anybody to show me...
	And don't give me gimmicks.
	We're not going to...
	Hey, I went to Harvard Business School and worked at Goldman Sachs.
	You're not going to put a gimmick past me.
	Don't give me a gimmick.
	Okay?
	I don't hear gimmicks.
	You got all these gimmicks up there.
	They do this and do that and conservative wins.
	I want to see cash in and cash out.
	Because that's what's adding to the debt ceiling.
	And God, we need the debt ceiling.
	That's the only thing that keeps anybody honest.
	And as smart as Besson is, he's telling you, hey, I think it's going to be August.
	So the end of June, we got a financial crisis.
	We got the constitutional crisis.
	In July, beginning of July, we got the BRICS nations meeting in Rio saying, we want out.
	And a lot of them are not friends of the United States of America like you saw Xi and Putin like two teenagers the last couple days on their first date.
	And then you're going to have debt ceiling coming in.
	So this August, this summer, folks, don't get ready to pack the cooler and go to the beach because this is going to be one of the most intense summers in the history of this country.
	It's all converging.
	And guess what?
	If we want to be masters of our fate, we're Americans.
	If we want to be masters of our fate and make our own decisions, we've got to start having tough conversations and tough decisions.
	Otherwise, the rest of the world's going to have, our alternatives are narrowing and narrowing and narrowing.
	Dave Bratt, thank you for joining us this Saturday morning, sir.
	Your thoughts and observations.
dave brat ▲ ● ▼		Yeah, well, if you want no tricks and no fakery, go back to Russ Vogt and Center for Renewing America just probably about a year ago.
		He had 10 trillion cuts over 10 years.
		That's a trillion cuts each year.
		A trillion each year.
		And that still leaves you with a trillion deficit.
		But that was heroic work, getting rid of all woke and weaponized.
		And so now the Ways and Means Committee comes out with a budget drop last night.
		A lot of things are omitted, right?
		The tax on tips, Social Security, all those things are missing.
		The SALT debate.
		There's another rich versus the middle issue.
		You've got to be kidding me as Republicans.
		And then, as you say, the tax cut crowd, who I'm friends with.
		I like tax cuts.
		Everybody likes tax cuts.
		But they're not responsible for the existential threat of China.
		They're not responsible for the bond market erupting on our gross overspending, right?
		So that's what I was trying to get across in the clip.
		These guys have to play team ball and be adults in the room.
		It's nice to represent the billionaires, and some of the billionaires are great.
		Some of them are heroes, manufacturing, etc.
		And some are not.
		I didn't see the Fortune 500 weighing in on anything having to do with a responsible budget.
		They never do, right?
		So that's a mixed bag, and we've got to design our tax policy appropriately.
		But all of this goes on the shoulders of Congress.
		You don't hear anything out of Congress.
		The lobbyists make the argument very clear.
		This is a disaster, right?
		Raising, and let me frame it properly, right?
		It's not raising taxes on everybody.
		It's raising taxes on families that make more than $5 million.
		That's the latest reporting from the Hill, right?
		So that's, you know, 0.01% of the population go up 2%.
		So it's not Armageddon.
		It's not the end of times to the billionaire class.
		And the tax cuts are $4 trillion.
steve bannon ▲ ● ▼		But there's not enough juice in the squeeze on that.
		You can do that.
		I'm not saying it's performative, but that doesn't – we have a math problem.
dave brat ▲ ● ▼		No, even that doesn't.
steve bannon ▲ ● ▼		First off, first, they do mention tax on tips, tax on overtime, tax on Social Security.
		But in this at least 28 pages, it's very – It's very early.
		They just put it out to put something out over the weekend.
		Because they are going to do a markup on Tuesday.
		And folks, we are going to be manning the ramparts on Monday morning on this.
		They don't make it permanent.
		They don't make it permanent.
		The key is to make everything for the middle class and the working class permanent now.
		The wealthy...
		They've accreted all the benefits of this.
		They own all the real assets.
		They own all the financial assets.
		Right?
		Two-thirds of the country, or 70% of the country, don't have any stake in the country whatsoever.
		You can't continue on like that.
		If the spending got cut, you wouldn't have to...
		Go ahead, sir.
		Go ahead.
dave brat ▲ ● ▼		Yeah, and on the tax cuts, it'll be very interesting when they say the average tax cut.
		You know, they take the total tax cuts and divide it by the number of workers or something.
		That's not acceptable because the rich may get the huge gains.
		And then the tax cut crew also said, you're giving this to the Democrats.
		You notice what they said already.
		There's no tax on the rich in this bill in the Ways and Means drop.
		But the Democrats came out anyway and said, in the dead of night, the Republicans, all they're doing is covering their taxes for the rich and the taxes for the billionaires.
		So you have that coming with certainty no matter what you do.
		So that math better be clean, right?
		When we say middle class tax cuts, the vast proportion of the tax cuts should go to the middle class and the poor.
steve bannon ▲ ● ▼		Yep.
		Or the working class, right?
		A lot of the working poor, their tax burden is not as high as the working class and middle class, which is way too high.
		Hang over for one second.
		Birchgold, take your phone out.
		Text Bannon, B-A-N-N-O-N to 989898.
		They got a free brochure.
		Investing in gold and precious metals in the era of Trump, the ultimate guy.
		Get it today.
		Make contact with Philip Patrick and his amazing team.
		Short break.
unidentified		Here's your host, Stephen K. Band.
steve bannon ▲ ● ▼		Bassett, Secretary of Treasury, trade rep, over-negotiating the Chinese right now.
		Our least preliminary discussions about the trade situation, the commerce situation.
		Dave Bratt, you have some additional thoughts.
		I mean, how are we going to get the political class?
		They know this audience supports them.
		They're the ones that put them there.
		The number one thing people talk to me about is, and it's not taxing the wealthy, right?
		It's not.
		But it's getting rid of these deficits.
		We can't keep adding to this debt.
		You know now that, as we've shown people, by adding to the debt and having to refinance the debt.
		Of which we're still financing this debt kind of short term.
		We haven't gone out long term of this debt, a lot of it.
		And Japan put a shot across our bow the other day.
		Japan said, hey, by the way, in our negotiations, the $1 trillion of U.S. government securities that we own have got to be part of that discussion.
		Because they know we're going to come back to them to buy a lot more.
		That's what we want.
		If you want, you ought to get strategic intelligence in the newsletters.
		Jim Rickards, one of our contributors, one of the smartest guys globally on capital markets, intelligence, national security, geopolitics.
		Go to RickardsWarRoom.com.
		Get access to strategic intelligence if you can go and if Mo and Grace can push that out.
		And he'll throw in the new book, which is kind of a frightening book about artificial intelligence in currency.
		Not a pleasant read, but something you should read.
		That's Rickardswarroom.com.
		Go to the landing page and get all the access to the information of Jim Rickards and his team.
		I want to talk about this thing of this situation being prime reserve currency and the reports you're hearing that are leaking out now by the lords of easy money.
		But you were up there.
		Why?
		President Trump has been very bold.
		He's talking about what he wants.
		You know, to get to a balanced budget, and balanced budget is, we don't even, we're talking about now going from 6.5% or 7% deficit to GDP down to 3.5%, not even close to a balanced budget still, I don't know, around a trillion dollars a year deficit.
		That would be a win, but you've got to see a path to that.
		Somebody's going to have to walk me through the math because what we've presented so far and kind of different elements of it, a little bit of budget here, a little bit of the taxes here.
		And I'm not saying they're doing it to confuse people because they know that we're going to make sure we can explain it all to everybody.
		But what is the hesitancy knowing their constituents' number one thing is to cut spending?
		Russ is still working on the rescissions of the $2 billion for PBS and NPR.
		That rescission hasn't come up yet.
		What is the hesitancy of the political class up on Capitol Hill?
		To do their task and get their arms around, at least start with discretionary spending and get your arms around it and come back with meaningful cuts.
		Sir.
dave brat ▲ ● ▼		Well, the hesitancy is what you'll see in all the mainstream headlines right now.
		We haven't cut any money, and yet the headlines are all, we're ruining the environment, we're ruining Medicaid and Medicare and all that.
		It's all totally false.
		Natalie Winters last night showed, in fact, the opposite is true.
		There's a $10 or $20 billion hunk of corruption going from Medicaid payments to California for illegal immigrants.
		There's the USAID corruption.
		We're making the poor Africans send the money back to Democrat operatives in this country.
		We have receipts on all this.
		So the American people are disgusted.
		And so what's the hesitancy?
		The hesitancy is the same as I've been saying this for 10 years.
		They turf me out.
		They play.
		One-offs by state by state by state on political strategy.
		The speaker needs to come out with an overall messaging points for the United States of America.
		And the Senate needs to do the same thing, and it needs to fit with Trump.
		They won't do that.
		They're playing prevent defense, just like in sports, and everybody knows how the game ends when you do that.
		We got the same budget numbers basically on file right now we've had for the past 30 years.
		Nothing new is going to change because they're scared of the midterm elections.
		And they should be scared because Trump showed you the way forward.
		You do big, bold proposals that people love and then you win.
		But they're not doing that.
		They won't message on any of this.
		There's corruption all around us.
		The American people are overwhelmingly against the swamp.
		Take a bold move, right?
		We talk about the Judeo-Christian West.
		Sometimes you've got to take a leap of faith and just do the right thing.
		In addition, it's the right thing to do to save your country.
		And so we all know the hesitancy, and the war room's going to put in every effort we can to light up the flares, but you see what's coming.
		You've been saying it for a year ahead of time, what the budget process is likely going to look like, unless the American people turf out the $7 trillion gang.
steve bannon ▲ ● ▼		Well, here's what they're going to do.
		It's obvious now they're going to use the debt ceiling.
		In the crisis for that, to be able to slap together.
		Because if you actually, you correct me, you were there.
		Just my observation, having gone through this rodeo a couple of times.
		If you look at the big, beautiful bill, since they didn't break it into two, it's all part of one.
		Right now, this thing doesn't get, without a debt ceiling, this thing really doesn't get put to votes until after Labor Day, sometime in September.
		It's going to take that long to...
		Do the horse trading because it's so complicated.
		Now they're going to say, well, we got the debt ceiling in August and we're going to run out of money and we're going to run out, although Vogue can show them how to triage this, that we need to raise the debt ceiling.
		That's supposed to be part of the reconciliation because you can't get it any other way.
		You need to do it on 50 votes.
		So right after we finish the constitutional crisis about the president's Article 2 powers, We're going to have this BRICS meeting where you're going to see the Global South.
		The Global South is going to say, hey, we're going to go in a different direction, not day one because you've got us, but we're going to go in a different direction.
		And then you're going to have a crisis of debt ceiling and all of this go.
		We're going to have basically range war.
		On this massive deficit you're going to have in this, unless you come up with other revenue sources.
		Because you only got a couple ways to do this.
		You can have a higher growth rate, and right now, at a growth rate of 2.5%, which I don't think we're going to hit, but let's say 2.5%, you're still not going to get there.
		It's going to be a deficit over $2 trillion.
		And that just can't happen.
		We're going to have a $2 trillion deficit in the first fiscal year of President Trump because we basically signed on to Biden's budget.
		Dave Bratt.
dave brat ▲ ● ▼		Yeah, it's a 2% growth rate with $2 trillion deficit spending, which is hugely stimulative, and you still have a very...
		Liquid Federal Reserve balance sheet, right, which hasn't been pared down substantially yet.
		So all of it's fake.
		And so the message from the war room has got to be in this two-year window.
		You've got President Trump who just won a historic victory across the board, popular vote, everything, right, the whole shooting match.
		And if you can't get it right with a House and the Senate and President Trump in the first year with momentum, You know what's coming, and it ain't pretty.
		It's a disaster, right?
		And everybody, all the swamp, all the globalists, all the big spenders, the Democrats are just waiting out Trump.
		They're going to see what they can do with lawfare, with the judiciary, and that is the main...
		Point that probably needs to be made.
		If we don't do it now with President Trump on the ascendancy, leading in all the polls on these key issues, now is the time, folks.
		Light it up.
		Light up the switchboards.
steve bannon ▲ ● ▼		We're going to have an organized effort on the start of Monday morning, so we'll get information up to everybody on my getter account, Bratz, all of it, so you can sort of...
		Now, the Daily Mail...
		The great Charlie Spearing, who worked for me at Breitbart, is now the senior political reporter over at the Daily Mail from D.C. He's got an incredible, if we can get it up and get it to Denver.
		Huge story just broke in the Daily Mail.
		Deep Blue State is swinging aggressively to the right, and there's polling to prove it.
		That state is New York State.
		Hochul, they just got a poll out that shows Hochul's at 36 percent approval and 55 percent.
		Disapproval.
		What's the biggest problem people have?
		Is the taxes, spending's out of control and the taxes are too high for what they're getting.
		It's destroying people up there.
		It's happening all over the country.
		It's happening at the federal level.
		This is a winner in the midterm elections.
		If you take a bold stand against this out of control spending, a bold stand against out of control spending, and you're not raising...
		What President Trump has proposed is the biggest, most massive tax cut in history for middle-class and working-class people.
		And when you add on the no Social Security, no overtime, and no tips, Grover and those guys never talk about that.
		They go back to that lie about 92, about Bush lost it.
		And President Trump called him out yesterday.
		He says, hey, I think it was really Ross Perot.
		Right?
		It was really Ross Perot.
		That's why he lost.
		The Republicans or the conservatives got 58. Bill Clinton got 42 or 43 percent of the vote.
		He was always a minority president.
		Nobody's going to buy what that scumbag was selling.
		It's because Perot split the vote.
		Remember, that was just raising taxes on...
		Go ahead, sir.
dave brat ▲ ● ▼		Yeah, and I had a few charts I didn't get up the other day on the cultural moves.
		The Democratic elite, Bernie, AOC, etc., the leaders on the Democrat Party side, man, good Denver, slap that up.
		Wow, you guys are good.
		So kind of the gray line in the middle is your culture.
		The red line on the right is Republicans.
		But you see the huge deviancy as you move up to the current day, right, as you move up and up and up on that graph.
		The blue line is the deviation away of the Democrat elites away from the American people.
		And you see that on a whole host of issues on the left, on the right, on cultural issues, on the economic issues, on the tax issues.
		The Democrats are out of control.
		And that's what I'm saying.
		Right now, if you don't strike right now, big and hard, this is your opportune time, right?
		This is it.
		We're winning across the board.
		It's the left who has the problem.
		The conservatives do not have a problem on messaging.
		We believe in the Judeo-Christian West, the rule of law, all the good stuff.
		Men, women, kind of the basics, right?
		And so now is the time.
steve bannon ▲ ● ▼		Brat, I know you've got a bounce.
		You've got Graduation Liberty today.
		What's your social media, sir?
dave brat ▲ ● ▼		Yeah, just Brat Economics, Getter and Don X now, and I'll be beefing that up over the summer now.
dave brat ▲ ● ▼		I'm going to get a little more active and social.
steve bannon ▲ ● ▼		The Dave Brat on a Saturday morning.
		Thank you, brother.
		Appreciate you.
		And for all your hosting this week, fantastic.
		Short break.
		Back in a moment.
unidentified		Here's your host, Stephen K. Band.
steve bannon ▲ ● ▼		With everything else going on in the world, President Trump bringing peace to, trying to bring peace to Ukraine, bringing peace at least temporarily to Kashmir, the line of control, the contested territories there, which is a tinderbox waiting for a match between two nuclear powers and one that's not that stable in Pakistan.
		A blockbuster story based upon the great Charlie Spearing with research and polling done by Daily Mail, if we can put that up.
		I'm trying to get DeGrasse to call in because this is the work of DeGrasse and the Stefanik team.
		They've been hammering at this.
		Look at that purple haze.
		It's stunning that deep blue New York is rapidly becoming MAGA.
		Why?
		Because of the corruption incompetence.
		An outright theft of these Democrats that rule these big cities and destroy these states.
		You notice Newsom's not running on the California model for president.
		He's trying to be something else.
		And Hochul's at 36% approval.
		People think Stefana can take her on.
		That's in the first year of a president's term, which is always usually a tough election.
		For the party in power, particularly when we control every aspect of government.
		Because people are obviously never totally happy, so they're going to take it out of the ballot box.
		They're actually saying now that you could win in New York State.
		This article is brutal.
		And Spearing's as good.
		He's like a Matt Boyle type.
		He's as smart as they come.
		This article is quite brilliant.
		What is this to show?
		This shows that our policies are right.
		People have been under the boot of the radical Democrats and felt like they couldn't have any say-so or saying, hey, no, guess what?
		We hate this.
		Is this not white working class and white middle class?
		It's Hispanics and blacks because they're all being destroyed financially and economically, culturally, and they're tired of it.
		They're tired of it.
		This is why, what does Scott Presser say?
		Pennsylvania's becoming the new Ohio, and he hopes to make New Jersey Pennsylvania.
		And you're seeing right here in the tri-state area, look at that.
		This is why it's a constant battle.
		This is what's so upsetting about Texas.
		In Texas, Soros put almost $400 million Into turning Texas blue.
		And they got kind of purple there for a while.
		And guess what's the pushback?
		It was grassroots.
		It wasn't the Bush junta.
		It wasn't Karl Rove.
		It wasn't these guys.
		It was you.
		It was these incredibly patriotic Texans that got out there and did the precinct strategy.
		And the precinct strategy started to take over the party and had these huge knockdown drag outs.
		And so they impeached Paxson.
		We won that.
		Trump wins by 14 points?
		Are you kidding me?
		And drags Ted Cruz to a 9-point win?
		Of course, Ted Cruz just came out against Trump's tariffs, against taxing the wealthy.
		His true colors are showing through.
		He's a classic orthodox Republican.
		But in Texas, something deeper and darker is happening.
		The Bush junta has already made a deal with the Democrats, and they're passing crazy stuff down there.
		Crazy.
		And people are starting to go nuts, as they should.
		So here's, our policies are turning New York our way.
		Texas, which people are, is the railhead of MAGA.
		The folks there have got to fight every day because the state legislature that they won works against them.
		Think about that for a second.
		Also at the precincts, I talk to folks all the time.
		In these fights in South Carolina and in Florida and in North Carolina and in Georgia, look at MTG's amazing tweet you put out yesterday about not running for Senate.
		I could go across the country, the taking over these state parties by the precinct strategy in the fights.
		I mean, hand-to-hand combat that you've had to have with establishment figures.
	It's in every state.
	I talk to people every day.
	These fights are vicious.
	Because they don't want, they don't want, the vested interests do not want to hear from the grassroots.
	They don't want to hear common sense solutions because that would mean giving up their privileges.
	They're essentially rent seekers.
	They don't want to give that up.
	They're not prepared to give it up.
	You got to take it away from them.
	Not going to give it up.
	And you're seeing here, and by the way, the grass does call in.
	I want to get him up.
unidentified		He's trying to call by phone.
steve bannon ▲ ● ▼		New York is showing you people that have been burdened by that in this super-liberal media.
		That in New York that just espouses what, you know, this is so great, this is so great.
		It never does any investigations.
		And the budget deficits are massive and the taxes are out of control.
		And the over-regulation on the economy is just unbearable.
		New York could be particularly upstate New York.
		It's just, it's a garden.
		Go up to Hudson Valley.
		The mountains up there, just incredible.
		Upstate New York, just breathtaking in its beauty.
		It's like that whole Appalachian mountain chain that comes all the way from Georgia, all the way up through.
		And then in New York State, it's just incredible.
		A beautiful state.
		And those people feel like they're burdened.
		And now they're going to revolt.
		But you have to have bold leadership.
		You have to go in and say, no, we're going to cut.
		And Albany is run like a bunch of Marxists.
		They got that thing so rigged.
		That is a rigged deal.
		A totally rigged deal.
		But you're starting to see it throughout the country.
		At the same time, a state like Texas that we've done such a magnificent job on, the fight in Texas, this is why 972 Patriot, Glenn Story and the team, it's the best phone service out there, bar none.
		Make the switch today.
		If you go to 972-PATRIOT or call on email, PatriotMobile.com.
		Put the promo code Bannon in there.
		Or call and talk to an American citizen that's on the help desk.
		The services they got are second to none.
		And they're leading the fight down in Texas.
		And Texas is going to be a fight, folks.
		Because Texas, I don't know, it's what, the fourth or fifth biggest economy in the world?
		Great people, great resources, just a great, great place, and they're not going to give it up.
		The people that control it are not going to give it up just because you're grassroots and MAGA and say, "Hey, we want smaller government.
		We want less expensive government.
		We can't afford these deficits.
		We don't want to finance this debt anymore." Alex DeGrasse, Charlie Spearing is as good a reporter out there.
		This is a blockbuster story.
		Obviously, the Daily Mail thinks on a day where there's so much news worldwide, this is the lead story on the biggest website in the world.
		It's kind of jaw-dropping.
		I mean, you've been preaching this gospel for a while, and now it's been validated by an independent third party.
		Your thoughts as New York State shifts radically to the right, sir?
unidentified		Thanks, Steve.
		You know, it's really MAGA.
		That's what this is about.
		MAGA has shifted this.
		You look when President Trump stepped down the escalator as a New York Republican, Steve, as a New York Republican.
		And ultimately, we know in his heart, he still is.
		Of course, he's in Florida, like many New York Republicans who have moved down there.
		It has really inspired and motivated a massive coalition.
		If you get into the weeds on that independent poll, it's working class, it's first generation legal immigrants, it's African Americans, it's Hispanics, Asians, you know, Chinese that are freedom loving, you know, in this country.
		I've worked with many of them that have helped expose, frankly, some of the CCP influence, which is massive in the New York State Democrat Party, by the way.
		And there will be a lot more to come on that as we dig in deep and get ready to fire Kathy Hochul in 2026, which is going to be probably one of the pinnacle races, regardless if Elise Stefanik runs.
		And of course, she's publicly considering that.
		It's going to be...
		I mean, you take down the Democrat Party in New York, it's essentially the whole ballgame that's left on the field.
		We took back the country, we're battling it out in New York, which is the heart of the weaponization, the heart of the illegal, and everything.
		I mean, Kathy Ogle walked into the Oval with the president and said, I control the judges.
		Because she does.
		For the law here.
		That's how crazy everything is.
		So, it really is MAGA that has done this.
		The margins have moved in New York City.
		Ever since 2020, with President Trump, we're not on the ballot.
		So there's this huge, you know, shift here.
		The Bronx was the largest shift, you know, the South Bronx, where he did that famous rally was, I believe, the largest swing of every zip code, you know, parts of the South Bronx.
		And so this stuff is what we've all been talking about.
		And the posse's been all over this.
		I mean, upstate New York, if we're going to win, we need to juice these numbers 10 to 12 percent more, which is no task.
		No easy task, of course.
		But we can't if the President's Coalition, which now is over 3.5 million votes in New York.
		I mean, there's millions of MAGA supporters.
		So it's just very interesting, Steve, how we're looking.
		I mean, I'm in upstate right now.
		Lisa's going to be campaigning down in the heart of Democrats in Albany today.
		There's hundreds of protesters lining up.
		We've got police.
		I mean, this thing is crazy as this sort of rolls out and develops.
		I mean, the left is petrified.
		Of the prospect of Elise Stefanik running for governor, throwing all the stops out to try to intimidate her, you know, with all these dark money groups protesting and showing up to everything she's going to.
steve bannon ▲ ● ▼		But a lot of the grass, the grass.
		If you had if you had in one year in the next six months, Letitia James indicted right in a federal court for her mortgage situation and at least a phonic take on Hochul for governor of New York, that would shatter.
		I mean, this would be.
		One, the number one political stories in the world that we're assaulting.
		We're on offense.
		We're not on defense.
		We're on offense.
		And we're going to the heart of the Democratic Party apparatus, sir.
unidentified		Absolutely.
		I mean, Steve, Lisa and I were just at fourth talk down the road.
		Today, Steve, is the 250th anniversary of the No Quarters.
		Green Mountain Boys storming Ticonderoga.
		We were up there with America 250, who Elise had invited.
		They're doing the simulations.
		Next time we do one of these, we've got to get Real America's News or the War Room to send correspondence in.
		We would love you guys to be involved in the Battles of Saratoga, which are obviously a year from now.
		But we were just up there.
		I mean, that was the first offensive victory, of course, in the Revolutionary War.
		And, of course, getting New York, flipping New York, would be one of the greatest offensive victories since.
		President Trump's election in 2016, of course, and the comeback, obviously, as well.
		But it would be huge.
		I mean, the numbers, I mean, people are fired up because New York is an absolute dumpster fire.
		This budget, the tax, I mean, it is a Marxist hellhole to government.
		They have more arrests and corruption in Albany state capital than anywhere else in the country.
		These guys are crooks.
		What's off the barrel?
		And, I mean, the $10 million slush fund, they slipped into the budget, Steve, to pay for...
		Tish James' lawyers.
		I mean, this is what people...
		No one supports this.
		Democrats, especially.
		You know, hardworking, traditional Democrats.
		I mean, this stuff is in your face.
		These people are in your face so bad.
		And it's time that we put a stop to it.
		I mean, it's going to take $150 million, you know, $100 million minimum to move this ball forward that we're going to need to muster on behalf of Republicans in MAGA.
		But there's a great interest, I think, from everyone involved.
		You know, the president cares about New York greatly, of course.
		Because it is one of the strongest bastions for the last decade.
steve bannon ▲ ● ▼		New York City is the financial capital of the world.
		You've got to free it.
		DeGrasse, where do people go today to your social media to keep up with Ticonderoga and everything you guys are doing with the protesters up there and taking the MAGA message to New York State, sir?
unidentified		So definitely, people should tune in at Fort Ticonderoga.
		They've got the live stream.
		They're going to be streaming the reenactment.
		That's great.
		This is important for the history.
		They're at Fort Ticonderoga.
		That's going to be great.
		You can follow me at Degrass81 on xGetter, Truth, the whole thing.
		Thank you so much, Steve.
		Thank you for the policy.
		Let's get this going.
		And hit me up.
		Info at least for Congress.
		We'll get you guys plugged in to local stuff.
		A lot of people have been reaching out.
		We appreciate it.
		We see everyone around.
		We'll see people in Albany.
		We've got 500 Republicans showing up.
		So thanks, Steve.
steve bannon ▲ ● ▼		The United Nations loss is New York State's gain.
		Thank you, Alex DeGrasse.
		Alex will be back and help us break down the tax bill Monday and Tuesday and next week.
		We will also live stream, Grace, I think we can get on this live stream, what's happening up at Ticonderoga on the 250th anniversary.
		One of the early victories in the revolution.
		Also, Where we got the guns that were able to help us win in Boston, which is coming up also.
		Short break.
unidentified		Here's your host, Stephen K. Vance.
unidentified		Okay, we're going to have a lot of marching orders on Monday.
steve bannon ▲ ● ▼		They're going to do the markup on the tax bill on Tuesday.
		So we're going to spend a lot of time on that.
		We don't need you worrying about some hard money lender.
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		Very important.
		Now more than ever, we need you at the Ramparts.
		Because the Ramparts, we shall need you at.
		Also, Dave Bratt gave me, he's sending me some information.
		There are studies now, the Lords of Easy Money are coming out with studies about if we were not to become, if we were back off the prime reserve currency.
		Because remember, it's easier for the government to sell treasuries and Wall Street to be the brokers on the treasuries.
		If we're the prime reserve currency, every transaction in the world has got to be converted into dollars.
		They're saying that, at least the first guy Dave sent me, 16% drop in GDP if we're not the prime reserve currency.
		I have not read the study, but this is the type of propaganda you're going to hear.
		Now, there's plenty of reasons we should be the prime reserve currency.
		There's plenty of reasons we shouldn't.
		We have to have a national debate on that.
		One thing we can't do is just stumble into...
		People getting off it, and then we're left holding the bag, particularly with these deficits.
		We cannot finance these deficits.
		It's impossible.
		Unless you're the prime reserve currency.
		It's impossible.
		Mathematically impossible.
		And that's going to get, the bond market's going to become a bigger and bigger player of telling the American people what they can do.
		We have to avoid that.
		Make sure you go to birchgold.com.
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		We're gonna drill down more and more of it the road to Rio every day or every other day We're gonna have some sort of a special section of the show to explain this about how important this meeting in Rio is you saw in Moscow Had Lula from Brazil Xi from China and Putin from Russia That spells bricks to me and they're up to no good.
		No good.
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		No bueno Birchgold.com It's not the price of gold.
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		Mike Lindell, what's happened in England?
		I guess in England they shut you down.
		The left did.
		But in the United States, you used to ship a lot to Canada.
		The Canadians don't treat us so well.
		Is that correct?
		Because they're picking on President Trump for picking on the Canadians.
		You don't sell a lot into Canada.
		Why, sir?
mike lindell ▲ ● ▼		Because Trudeau, back in the day, I don't know, about four years ago, maybe six years ago, put a tariff on betting products, including my pillow.
		They actually called me when they did this and put a 25% tariff on any betting products coming into Canada.
		It just put to a cult.
		I mean, in Canada, you're going to pay that much more for the products.
		And before that time, Steve, it was if you were made in the USA, which my pillow was, Canada let them in with no tariffs.
		Then they changed all that.
		Trudeau changed that.
		So it was very unfair before our great president now is going to level the playing field.
		But in Canada, we had a huge presence in Canada.
		I was on all the TV stages, just like here, all the radio, the box stores, the shopping network, and it all got...
		Part of it was the tariffs, and then part of it was when you went to cancel my pillow, which they did a great job in England.
		We had a plant over there.
steve bannon ▲ ● ▼		They just attacked it and shut it down in January of 21. Mike, that's how Trump's fighting for the little guys.
steve bannon ▲ ● ▼		What else you got for us before you sell me a set of sheets today?
mike lindell ▲ ● ▼		You guys, and I'll have more details, but I've been looking forward to this day for four and a half years.
		On June 2nd, we will be the first, my pillow and myself, will be the first to go before a jury.
		We're finally all the way to jury trial with the lawfare that's been used in this country for voting machines and related parties, suing individuals and platforms.
		Everyone has settled so far.
		Their insurance companies make them settle.
		Oh, we'll settle.
		We don't want to go all the way to trial.
		What if we lose?
		I'm in it for a different reason, everybody, and I've been telling you that.
		I want to secure our election platforms.
		I look forward to this date.
		It's June 2nd out of Colorado.
		I will be there every single day as long as it takes.
		And finally, I will be able to tell the world what I wanted to say way back when, and the media has suppressed it.
		We'll see who shows up.
		You think Fox News will be there?
		Are Steve covering it wall-to-wall?
		I don't think so.
steve bannon ▲ ● ▼		So on June 2nd, where is the trial going to take place?
mike lindell ▲ ● ▼		It's in Colorado.
		I believe it's in Denver.
		We're three weeks away.
		We've been prepping every day with the lawyers.
		And of course, for me, I'm going, I'm going, I'm happy.
		I'm going, finally, finally.
		And they're going, we can make deals.
		I said, there ain't no deals.
		This is what I've waited for.
		This is what I've spent tens of millions on.
		So we're going to have a Lindale TV.
		We're going to be there every day, all day long.
		And it's going to be, people ask me, are you going to testify?
		Are you kidding?
		They're going to ask me a question, Steve.
		I'm going to give them a A two-hour answer.
steve bannon ▲ ● ▼		Mike Lindell, we'll get you back on money and talk about it.
steve bannon ▲ ● ▼		Sell me a sheet for the weekend, bro.
mike lindell ▲ ● ▼		Where do we go?
		You guys, we listened to War Room Palsy when we had the Perkill line on sale.
		The closeout special.
		You all said, could you do something with your premium Giza Dream Sheet?
		This is a War Room exclusive.
		I listened to you in my call center.
		$49.98.
		Any size, any color.
		Just for a few days, we're going to do this for you all out there.
		This Split Kings, Cal Kings, King Size.
		They're over $100 a set.
		You all know that.
		It's our president's favorite product.
		So go to MyPillow.com, scroll down, click on Steve.
		There you see those Giza Dream Sheets.
		We're not going to put a limit on it for the posse.
		It's a War Room exclusive.
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		And you guys, if you buy $100 today, I'm going to match it.
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steve bannon ▲ ● ▼		Mike Lindell, we love you.
		We'll talk to you on Monday, sir.
		MikePilla.com, promo code WARROOM.
		We're going to be up on social media all weekend.
		There's a lot of work to do.
		We're going to be doing it here in the War Room.

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