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May 23, 2025 - Bannon's War Room
48:56
Episode 4509: Bannon's Budget Breakdown; Maureen Previews Board Of Visitors
Participants
Main voices
s
steve bannon
21:36
Appearances
j
joe allen
03:07
l
liz yore
03:48
m
maureen bannon
02:35
m
mike lindell
02:09
s
scott bessent
02:48
Clips
a
alex jones
00:06
j
jake tapper
00:08
| Copy link to current segment

Speaker Time Text
unidentified
A while ago, posted actually on social media, that they were in the process of removing the tax-exempt status from Harvard.
There's been a lot of issues at Harvard, but that's one that comes within your bailiwick.
Where is that process right now?
scott bessent
The president is moving forward with that, and we're also looking at taxes on endowments.
And I think the important thing here, and it goes a little bit back to this Main Street versus the elites that harbored.
To have a tax-exempt status, there are rules you have to follow.
And if you're not following the rules, no one's above the law.
So we will see if they're following the rules.
It looks like there's a substantial number where perhaps they weren't.
And, you know, again, two.
Harvard is a gigantic hedge fund.
They run a leveraged investment model.
So we'll see where all that goes.
The president believes that the EU proposals have not been of the same quality that we've seen from our other important trading partners.
alex jones
The president believes that the EU proposals have not been of the same quality that we've seen from the EU.
scott bessent
I've said there are 18 important trade deals that we have to do.
I'm working mostly on Asia, and that group has They're negotiating in good faith.
I would hope that this would light a fire under the EU because, Bill, I've said before, EU has a collective action problem here.
It's 27 countries, but they're being represented by this one group in Brussels.
So some of the feedback that I've been getting is that the underlying countries don't even know what the EU is negotiating on their behalf.
We have substantial revenue coming in now, and there is, at some point, there's an equilibrium rate, let's call it a lapra curve, for tariffs.
And I think we will reach that rate.
The other thing that's happening is a lot of tariff barriers, or non-tariff trade barriers, a lot of these non-tariff trade barriers are coming down.
So friction is decreasing there.
And again, because we don't know where these tariff negotiations are going to end up, they won't end up being scored.
But it's several hundred million dollars a year, several hundred billion dollars a year of revenue that will be used for every hundred billion.
That's a hundred billion less of bonds the Treasury has to issue.
unidentified
From the President of the United States, the European Union, which was formed for the primary person of purpose of taking advantage of the United States on trade, has been very difficult to deal with.
I'm recommending a straight 50% tariff on the EU starting on June 1, 2025.
The DAX is down 1.4%.
Yeah, then he goes on to say there's no tariff if it's built or manufactured in the United States.
And then again, we have, for the second time this morning, thank you for your attention to this matter!
So, there is a real question here.
What exactly is motivating some of you?
So yesterday we discussed whether passing the bill through the House, the tax bill, would embolden the president to be harder on the Europeans on tariffs.
And I just wonder if the two things are lining up here and if they are connected.
Just giving Kim the space, the room to go harder on Europe on tariffs because we are progressing this tax bill in Washington.
I don't know whether that's the case, but one could easily connect the dots and come to that conclusion.
There is a question about whether this market has gotten overly complacent with peak uncertainty, given that it is ongoing and we still don't have any kind of sense of what the solid goal is.
is or what the plan actually will be.
So we've got a threat against Europe that's sending European equities south.
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. Baff.
steve bannon
It's Friday, 23 May, the year of our Lord, 2025.
It is the beginning of Memorial Day weekend, where we commemorate our honored dead throughout the weekend.
Tomorrow, President Trump is going to be at the United States Military Academy at West Point to give the commencement address.
Captain Maureen Bannon, who's just recently on the Board of Visitors, she'll join us in the second block.
An announcement.
We're going to start tomorrow at 9 a.m.
The ceremony will start earlier in the morning.
And our own Steve Gruber from Real America's Voice will be there live, covered in life.
We'll be on the Rises.
We'll have great camera work.
unidentified
All of it.
steve bannon
The War Room will be live tomorrow morning from 9 a.m. Eastern Daylight Time until 12 noon.
And Patrick K. O'Donnell, as every Memorial Day weekend, will be with me as my co-host.
Both Saturday morning and then on Monday morning we cover President Trump going to Arlington National Cemetery where he will lay a wreath on the Tomb of the Unknowns and also give appropriate remarks in the commemoration of Memorial Day for the honored dead at Arlington and every military cemetery throughout the world and of course all the brave men and women who gave the ultimate sacrifice for the country.
Today, kind of a firestorm on two fronts.
We didn't get a chance to put in because it had been too voluminous.
All the discussions about spending, the bond market, I think the 10-year Treasury finished over 4.5.
The 30-year, I think, is over 5. The market's a little choppy today.
The bottom line is the big, beautiful bill goes to the Senate.
Now, Semaphore is reporting that, hey, the basic structure of the bill is not going to change.
There'll be some things on the margin.
But Dune has essentially got his marching orders, and he will work and push this thing through.
The goal is to have, I think, a Senate vote by July 4th.
Some people are saying, hey, they want to get it back to the House, have a conference, have that all done by July 4th.
I don't think that's going to happen.
But there's other individual senators.
You got Ron Johnson.
Many others, Rand Paul, of course, talk about there's got to be much more substantial cuts.
Josh Hawley and even Murkowski now are talking about rural hospitals.
There's big problems with Medicaid.
So there's a lot of issues.
I think everybody's out of town this weekend, but I know there's a lot of work going on behind the scenes.
And Scott Besant, as Secretary of the Treasury today, was saying, hey, we'll work with the Senate.
We have a model and a program.
To work with them.
I think they're going, I think the White House, the administration is going a lot more on offense.
This is why I think it was so important today for the president early in the morning.
And I don't believe this is a coincidence that the president said, hey, I'm not happy with the progress with the deals in the G7.
You notice he didn't say he wasn't happy with the progress on the deals with Japan, South Korea, Taiwan, Vietnam, and India, of which Scott Besson alluded.
That these things are pretty far along.
He said he didn't appreciate the G7, and it didn't look like a lot of progress.
So June 1st is going to be a 50% tariff on everything coming from the EU.
I will tell you, I think this is also to reiterate one of the things that the calculation is not taking into account now, that is not scored.
By the Congressional Budget Office.
And everybody's going off the Congressional Budget Office numbers, particularly these very large deficits in the first couple of years.
They're not taking in cash flow coming from tariffs that, you know, Peter Navarro and others are saying it's $6 trillion over 10 years.
So that would equate to, I don't know, $500 or $600 billion a year annually.
Minimum people are talking about $300 billion in tariffs not being calculated.
I think the White House is getting much more aggressive in talking about their model and the growth rates, and this is why we had Dave Walsh on this morning about how energy underpins President Trump's economy, his economic model, just like in the first term, where he brought down energy costs and full-spectrum energy dominance, and that drove the economy after the tax cuts into '18 and '19.
And remember, '19, by the second half of the year before the The COVID virus was released by the Chinese Communist Party.
Growth, I think, in the fourth quarter was 3%, 3.5%.
And he did that, as I keep reiterating, with the Federal Reserve really taking a trillion dollars of liquidity off their balance sheet and giving much more headwinds to the economy at the time.
He had no inflation.
He had basically low interest rates.
It was a perfect arrangement, the virtuous circle, as we say.
Today, Scott Bessent, TV all day long, talking about the tariffs, talking about what's going on.
And I think right now people have to say, hey, going to Memorial Day weekend, these deficits look big.
The deficit this year is going to be $2 trillion, we said, but that's because they accepted the Biden budget and did the Biden CR.
The deficit next year looks to me over $2 trillion.
However, they're saying you've got to calculate in at least $300 billion in tariffs, and you also have to start calculating in the additional tax revenue that are coming from just bigger growth.
That is the denominator that the tax structure will have post-deal that will generate substantial additional revenues.
This doesn't include—we had Oren Kass on this morning.
I thought Oren made a pretty compelling argument, as we have, in just looking at the math, particularly if you add in—and Oren was very, very sensitive about this, and he's an economic populist—adding in the full cut on no taxes on Social Security, which doesn't exist right now.
It's kind of a—it gives you a set-aside, I think, of up to a couple of thousand bucks.
I don't know what this—I think somebody told me for the average.
Individuals, that'll be a decrease in $500 in their taxes.
Really, people are looking for no tax on Social Security as the third leg of the stool after no tax on tips and no tax on overtime.
But Oren is in agreement with the War Room is that we just don't see how the math works.
Unless in the Senate, there's going to be a tax increase.
And I will tell you, we'll get much more on top of this as people get back to work next week on this bill and push it through.
But I think the math could be incredibly positive, right, with deficit control, with additional tariffs, with additional growth that is justified by You want to know whether there are no Chevrolets or Fords on the road over there.
That's the reason.
So you take the friction off there, you can have really explosive growth.
Also what President Trump's done in protecting the auto industry and other industries.
So as we go into a A Friday of Memorial Day, not only has the big, beautiful bill passed, but now it's in the Senate, and President Trump's very aggressive.
His message to the Senate is, hey, I want this thing passed.
I want it passed quickly.
He wants to make sure he locks in those tax cuts.
Of course, on the opposite side of the Democrats, I think it's been pretty feckless so far.
They really don't have a unified message.
One of the reasons they don't have a unified message, as we've been highlighting, They really gutted the Democratic Party of people that understood economic populism or people that understood economic nationalism or people that really could talk to the basics of kind of the production side of capitalism.
And you can see they just don't have it.
You don't have any one messenger that can come up.
Every time you have these people on, they're talking about all these marginal issues that don't really speak to the moment.
The moment is, besides ending the kinetic part of the Third World War, and of course, making sure that we can That we can, the president's commander-in-chief can deport, do mass deportations of 13 million, according to Mark Green.
The congressman is in charge of the House Homeland Security.
He says 13 million here.
You got the courts trying to stop that.
Of course, you've got all these judges throwing down more bizarre rulings every day.
But the White House and the Justice Department, the White House Counsel's Office.
We've got a packed show today.
Joe Allen is going to come into the next block.
Joe Allen is my co-host.
He's actually in the House at the war.
We've got a couple of amazing interviews.
We're going to talk artificial intelligence.
Liz George is going to join us.
Mo Bannon is up either at West Point or near West Point.
She's going to jump in here.
In the second hour, we're going to at least focus a lot on Texas, on what's going on, on this situation in the Texas House, Texas Senate, to pass these bills.
That really protect the sovereignty of the state of Texas, particularly this bill against local police and local sheriffs, actually working with Homan and Homeland Security.
Todd Benzman, as you know, one of the mainstays of the War Room contributors in the last couple of years.
This will be his last day.
Next week, he actually reports for duty, working with Tom Homan and that great team over.
Tom Homan being the board of czar and the great team over at DHS.
So we are absolutely packed here.
On a Friday evening as we really kick off the commemoration, as we always do every year, of the most sacred, secular holiday of the year.
That's Memorial Day, where we commemorate the honored dead of the American Armed Forces who gave their lives in defense of this country, in defense of the Republic, in defense of their fellow citizens and many, many people throughout the world.
Nobody's ever freed more people than the United States military in the United States of America.
Short commercial break.
We'll return in the war room.
Just a moment.
unidentified
In America's heart Johnson out of Wisconsin on what's expected next on the Senate side.
I've already said it, and his current state is completely unacceptable to me.
What was not even brought up in the House debate are the numbers we ought to be considering.
The President said that he wants this pass ASAP.
Are you worried that he's going to be upset by the Senate?
scott bessent
I couldn't care less if he's upset.
unidentified
I'm concerned about my children and my grandchildren and the fact that we are stealing from them.
scott bessent
As you listen to that, it's going to be a battle.
unidentified
How much change can the president accept on the Senate revision?
scott bessent
Well, I think we're going to see.
The House had been working on their bill for a year, and I know the Senate...
We did not get into this fiscal mess.
This has been a long process.
We're not going to fix it overnight.
I'm aligned with Senator Johnson on fixing it.
I think we've just got to be careful on the timing.
steve bannon
I agree with the secretaries.
You know, he's a contributor here for a long time and a brilliant guy.
We're very aggressive in our support of Secretary Besson.
I do think it behooves us to start talking math, particularly when we have people like Ron Johnson.
And Johnson said, hey, love the president.
He's a big supporter of the president.
You know, he's very concerned about these deficits.
I think one thing for the secretary to do is when he says, hey, we're going to grow the economy faster than debt, that's a mathematical formula.
It's very important.
We ought to mathematically lay that out.
We ought to say, hey, here's how we get to 3%.
Here's how we get to 3.5%.
Here's the actions we're taking.
Here's how it flows through the model.
And by the way, the debt deficits are there.
The debt is growing, but it's growing at a lower rate than the economic growth.
That would support his, that's not a total solution or answer, but it does support what he's saying.
Number two, still the most important thing is the 6.5% of deficit to GDP and how we're bringing that, bending that arc to 3.5%.
That is what Secretary Besson has basically laid out for the last six or so.
I think we've got to get in back of both those numbers.
I think a very strong predicate is what's happened in the energy markets, the full-spectrum energy dominance of President Trump's administration.
I think there's a lot of positive news and the tariffs are going to be lost on people.
They're talking 50% tariffs today in the EU unless they come around and make things happen.
I think it's now time that we ought to set the rhetoric aside and actually start talking about math.
I happen to believe, and I strongly believe this, to get to the numbers that the Secretary is talking about, it's going to require Additional revenues over and above tariffs.
I think those revenues are sitting there looking at us right in the eye, and that's the upper bracket or the millionaires kicking their bracket, not giving them a tax cut, not extending their tax cut, but saying you're going to have to pay the 40% rate.
Hey, I could be wrong, and I'm open to be proven wrong, but I think I know the math here pretty well, and I think it's a math problem.
And if you don't address this to the bond market, The American people are not going to be able to live with a 10-year bond at 4.5% or potentially going higher.
I think the way you get around that is that you explain it and make sure the bond market and these bond buyers understand it.
Then I think rates will come down and you won't have people, quote-unquote, abandoning the dollar or abandoning the bond market.
I think it's pretty straightforward.
Mo Bannon is a new member of the Board of Visitors of West Point.
She's en route to West Point for the Mo, what's going to happen?
We're going to be live at 9 o 'clock with Steve Gruber.
We'll try to get you on if you're available.
You probably won't be.
We're going to be live from 9 to noon.
Just walk us through the order of battle tomorrow.
What's going to happen?
maureen bannon
So tomorrow, 9.30, the cadets that are graduating will march into Mikey Stadium, which is the football stadium at West Point, And we expect President Trump to speak, I believe, roughly 10, 30, 11. But do not quote me on that because you never know when the president will speak.
But I expect a great speech from President Trump.
I expect him to address these brand new future second lieutenants on what he expects from them as soon as they graduate and commission.
And as soon as the ceremony is over, the now, uh, Yeah, no, it was a big day for us.
steve bannon
I take it that he gives the address first, and then diplomas are handed out, or vice versa, diplomas are handed out, and the president takes some.
He's not going to be able to hand all, but he takes some, and then I guess the soup takes the others?
maureen bannon
Correct.
The president will take one side and the superintendent will take the other.
And I actually know who will be announcing the names.
It was an officer that formerly worked with the volleyball team when I was a cadet and now still works at the academy and happens to be married to my former volleyball coach.
steve bannon
Oh, fantastic.
Colonel Lee, the great.
So 9 o 'clock tomorrow, once again for the Worm of Posse, we are live at 9 o 'clock.
Steve Gruber from the Steve Gruber Show will be there.
We'll be on the riser.
We'll be interviewing Steve.
We'll pick it up right at 9 o 'clock and be able to give you all the pageantry of the graduating, of the firsties walking in.
For their last day, for their day of graduation at West Point, and their first days afterwards, they get in a smaller ceremony with their parents and loved ones that get commissioned.
So it's a very big day for a very West Point, the grueling four years at West Point.
Mo, as a Board of Visitors, you were talking about President Trump's going to talk about what he's looking for in second lieutenants and people who have to go out in this very dangerous world and defend America.
As a board member, what are you looking for?
maureen bannon
I'm looking for us to, at our first meeting, which will be this summer, to go over What is going on at the academy, the cadet morale, but I want to look at what's going on academically because I think that we need to focus on warfighting at our service academies and not gender theory, pronoun training like we have with the previous administration.
I think that we need to get back to warfighting because, God forbid, we get into World War III.
We need leaders that are able to lead in battle.
Do not believe after this last administration that that's what we've been focusing on.
So we need to get back into that as our main focus.
steve bannon
Well, you've got some pretty good people on the board that President Trump appointed, and I know you guys are going to have your first meeting, I think, in June.
Moe, I think that's around Beast Barracks, too, if I remember correctly.
Moe, where do people get you on social media so they can catch up with you on all the activities up at West Point over the weekend?
maureen bannon
You can follow me on Getter and Twitter at Maureen underscore Bannon and also on Instagram at Real Maureen Bannon.
And just to address real quickly, at our first meeting, we will actually get to see some of the summer training that is going on to include Buckner, which is for rising sophomores.
So I'm very much looking forward to that because I remember my time out in field training.
A fond time to go back and see it.
steve bannon
Yeah, fond memory.
Mo Bannon, thank you very much.
Look forward to seeing you and talking to you tomorrow.
maureen bannon
Thank you.
steve bannon
Once again, Real America's Voice is making us a war room.
We'll come on at 9 a.m. Eastern Daylight Time.
Join us at bonus hour because the ceremonies start earlier.
We'll be live from 9 to 12. Steve Gruber will be with us.
He's at the Academy himself.
He'll be on the riser.
And of course, we'll have Captain Maureen Bannon and hopefully maybe pull in a couple of other three people.
And Patrick O'Donnell will be in the war room as my co-host.
Liz Yort now joins us.
Liz, first off, Liz, are you Army or are you Navy?
liz yore
I'm Navy through and through.
My dad was a World War II carrier pilot.
And I had an uncle who passed away.
I was shot down in Manila Bay.
He was also a Navy pilot, so we're Navy through and through.
unidentified
Wow.
steve bannon
I'm conflicted.
I'm a naval officer, but my daughter had a great run at West Point, so it's a tough conflict.
I got to go.
I root for both sides.
Liz, big sea change since we've been doing this every day about Pope Leo.
Cardinal Prevost, the Trad Catholics, which have been kind of singing the high hosannas, all of a sudden we've noticed a sea change in the last, I don't know, 24, 48 hours?
What do you got?
liz yore
Yeah, 24 hours.
The audience may not know, but there's been this internecine battle going back and forth.
I call it PTSD from Bergoglio.
They had the Stockholm Syndrome.
They wanted to give Pope Leo...
But the honeymoon is over because in the last 24 hours, as I call him Dark Horse Leo, appointed the second nun to govern the dicastery for male clergy.
So there are now two nuns who are making all the decisions in the Vatican regarding the.
So that has not sit well with traditional Catholics or even Catholics, you know, around the world.
Secondly, he appointed today the Bishop of St. Gollens, Switzerland, you know, the famous St. Gollens Mafia.
unidentified
Oh, wow.
steve bannon
The St. Gollens Mafia, the most progressive part of the church.
liz yore
Yes, and I think we have a picture of him.
He is on record of supporting women's ordination.
So this was a direct appointment of Pope Leo, really, I think, signaling that the drift is going to be going left very quickly.
And thirdly, and this is breaking news.
I don't know how many people in Charlotte are aware of this, but...
They closed down.
They had 20 parishes with TLM masses going.
They closed down and only had four.
Today, he announced that he is relegating the Latin mass to, you know, basically a small barn, and they're only going to have two masses, two Sundays a month.
So they're crushing the Latin mass.
I mean, if this is how he treats his American compadres...
steve bannon
I'm going to hold you through the break.
We've got a lot to get to this afternoon, and we're going to get to all of it.
In the next 90 minutes.
A short commercial break.
Liz, yours with us.
Joe Allen's in the war room.
We've got some big, big guests regarding artificial intelligence.
all next in the War Room.
unidentified
Here's your host, Stephen K. Van.
steve bannon
By the way, markets are all over the place today.
We're heading towards Rio, the Rio Reset.
The Senate hopes to vote this bill out by the 4th of July.
The Rio Reset is on the 6th.
We're going to have a whole team down there, including, if I can get Dave Bratt into the country and Eric Bolling, maybe we can get him in.
I don't know if we can get him out, but we're going to try.
Of course, Philip Patrick's going to be there.
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Which it hasn't been.
It's been a travesty of how this thing's been running.
I love what Scott Besson said about, hey, about Harvard's tax-free endowment, tax-free institution.
He says, hey, this is Main Street versus the elites.
Main Street's got to work by rules.
Harvard's got to work by rules.
If you're not working by the rules, then maybe you ain't tax free.
So I think you...
Liz, your traditional Latin mass.
This is a bombshell you're dropping right now, and I hate to say it, this is one that tells, I told people, because my next guest will, Joe Allen's guest will reinforce my family's been involved in this traditional Latin mass and bringing it back from the very beginning.
The post-Vatican II, I can say as a young altar boy, it was like in shock.
You went from the Latin mass, which as a little kid was very hard to learn, but very mysterious to this.
New mass they had that in the 60s as a little kid, you're kind of sitting there going, what is going on here?
Talk to me again about Charlotte, how dedicated they've been down in Charlotte to have, what, 30 churches or 20 churches doing the traditional Latin mass, what we call TLM?
What is the idea that came out today, ma 'am?
liz yore
20 parishes were doing the TLM.
It went down to four after Francis put his kibosh on it, and now it's done down to one mass only twice a month.
In some small chapel.
And they wonder why the Catholic Church is going bankrupt.
And they wonder why people are leaving the Catholic Church.
I mean, this has been an uproar.
It's loud.
It's vociferous.
It's immediate.
And this is laid at the feet of Pope Leo because these are his priests.
They have carte blanche to continue this crushing of the Latin Mass.
And so we're going to see what's going to happen.
I think it's time now for the Latin Mass community has got to really step up and resist.
And start taking the liturgy into their own hands, find good priests to say the Latin Mass, and to really resist with all their power and faith what's coming out of the Catholic Church.
Because I think, while he may be a softer and gentler pope, I think Leo is going to be left.
Of Bergoglio.
And I think we better gird our straps and buckle up because this is going to be a battle.
And let's draw the line now, early in his pontificate, and stop trying to plead for the scraps of the liturgy.
And that's what has happened.
So we've got to stand up to him and fight for what is making the church thrive.
The young people love the Latin Mass.
The churches are overflowing.
It's a no-brainer.
And yet the clergy hierarchy wants to crush it.
steve bannon
No, vocations.
Liz, where do people go over the weekend on Memorial Day weekend?
You'll be back with us on Tuesday.
This is something that's happening every day, a new development, huge development today.
Where do people go, ma 'am?
liz yore
I'm everywhere on social media, Elizabeth Yor, and also my website, yourchildren.com.
Thanks, Steve.
Happy Memorial Day.
steve bannon
Thank you.
Great, great, great reporting.
Joe Allen joins me.
Joe Allen is actually in the War Room.
Joe, we've got a couple of powerhouse guests.
I really appreciate you pulling this together on a Friday afternoon before Memorial Day.
Let's go ahead.
You've got a cold open.
Let's go ahead and play it.
Then you bring it back in and let's let it rip.
unidentified
AI.
In 10 years, how is life going to be different because of AI for just a normal person?
Well, 10 years is a long time.
In 10 years, probably AI could do anything better than a human can, cognitively.
I think in 10 years, based on the current rate of improvement, AI will be smarter than the smartest human.
There will also be a massive number of robots.
How real is the prospect of killer robots annihilating humanity?
20% likely.
Maybe 10%.
On what time frame?
5 to 10 years.
So soon.
You see a world where that's possible.
Yeah.
You can look at it like the glass is 80-90% full.
Meaning 80% likely will have extreme prosperity for all.
joe allen
Sounds like a deal with the digital devil to me.
We have covered artificial intelligence now for over four years.
The discussion has ranged from more mundane problems like people relying on chatbots to get them around the digital information sphere and maybe even getting lost and killed in the wilderness because they've allowed their algorithm to lead them astray.
there are also obviously much more significant risks.
You have the overreaction, And then the nightmarish possibility that a super intelligent AI would be created and perhaps wipe out the entire human race.
One thing that we haven't talked about much because there really hasn't been much headway in the political arena is conflict.
Here to speak about that is Mark Beal.
Mark Beal is the president of government affairs at the AI Policy Network.
He is a former policy director on AI for the Pentagon, also a successful tech executive and a startup entrepreneur.
Mark, thank you so much for joining us.
How are you?
unidentified
Hey, Joe.
I'm doing great.
Thanks for letting me be here.
joe allen
Thank you very much for being here.
So what is your work at the AI Policy Network and what sorts of concrete policies are you advocating for right now?
unidentified
Yeah, so the AI Policy Network is primarily focused on accelerating national preparedness for very powerful artificial intelligence capabilities, what the industry calls artificial general intelligence.
And we have a number of ongoing conversations with members of Congress on various things that can be done.
But right now, in terms of preparedness, we're really focused on helping the United States government understand at a more fundamental level what the specific current threats are, and then looking right around the corner where they're going through what we call a robust classified testing and evaluation regime.
And we think unless the United States government itself has a strong understanding of these issues, it's unlikely that they're going to be able to take action in sufficient time to stave off what might be some of these more potentially categorical.
That work with the United States government, what we sort of concluded was that this phenomenon called deep learning, this technique that's being used today in the industry, we sort of saw the very first commercial applications of this deep learning capability coming online in 2012.
And we saw as researchers and engineers were pouring more and more compute resources into these models, they were getting powerful and more powerful and more powerful.
And what we concluded was that the trend here is unlikely to abate anytime soon.
And because there's sort of no law of physics that caps intelligence at human level, we are expecting that these systems may become vastly superhuman and with vastly superhuman capabilities.
And so, you know, as we say in the report, this this this these systems might actually be something a little bit more similar to to like nuclear weapons in terms of their their power and impact on on global security.
joe allen
You know, a lot of the conversation around this this threat of out of control artificial superintelligence, it seems to as far as concrete policy goes, it seems like the only real option is either to let her rip or to put a hard thing.
Are you on that sort of wavelength of we should stop this, we should pause AI until we have a real plan?
Or what is your position on that?
unidentified
Yeah, I think when people say we should pause AI, I think naturally a lot of other folks might question, well, what about China?
What is China going to do here?
And actually, Joe, what I like to say is there's sort of actually two separate races between the United States and China as it pertains to AI.
The first race is the race for commercialization and diffusion, and this is a race that America probably needs to accelerate.
This is a race that American infrastructure gets deployed first, and it's most capable in that all these countries and partners around the world are using our technology and building on top of that, and that's going to give us a really important means by which we can imbue our values, American founding principles, and the deployment of this technology.
But then there's this other race.
And this is the race to, as you mentioned earlier in your introduction, the race to artificial superintelligence.
And that is a potentially very dangerous circumstance.
And that race, if we get to a point in which we are starting to see, and we already are at very preliminary levels, these models behaving in sort of deceptive ways or sort of unexplained ways, and they start to have very robust capabilities across a whole bunch of different domains.
And it's looking like human beings can't steer them effectively and reliably.
And I think the United States government is going to have really no choice but to hit the brakes a little bit.
And that's why we might be actually quite lucky to have President Trump in office, because it's going to take a master negotiator to be able to deal with the Chinese on this issue and make the Chinese understand as well that it might be in nobody's interest to continue to push forward and race ahead and potentially drive the entire human race off a giant cliff.
joe allen
You know, the Thinker in this realm, Eliezer Yudkowsky, had a couple of years back recommended, and he joined on with the kind of pause AI movement, but on a much more extreme footing.
He had recommended that an international treaty should be forged to block the development of such a dangerous system, even upon penalty of airstrikes on data centers.
Steve is going to be jumping in with us soon.
Steve was quite enthusiastic about such a plan.
We only have about a minute and a half left, but just in that, what do you think of that sort of thing?
Would it come to that?
unidentified
Well, God, I hope not.
No one wants to see war unleashed as a result of an uncontrolled development of potentially dangerous capabilities.
Planning is always prudent.
Preparedness is always prudent.
There is still a little bit of uncertainty about the speed at which this is moving and the trajectory and the actual threat.
And so I think we're going to want to make sure that we get our arms around the actual issue.
And when we saw, for example, the Senate Commerce Committee hearing on AI a few weeks ago, the kind of main news coming out of that was a 10-year moratorium on state regulations.
And normally that might be OK, but as you're And I think we have to have a hard conversation in Congress to get our arms around this issue and actually develop our own position on what the threat actually is.
And until we do that, we're going to be kind of shooting in the dark.
joe allen
Yeah, absolutely.
The moratorium, in my opinion, is completely absurd, especially when you have so many people who are advocating for states' rights and even advocating for things like making marijuana completely illegal in Texas while simultaneously pushing for a ban on state-level regulation.
We're going to go to break.
We'll be right back with Mark Beal.
We're going to bring Talk about a little bit of personal business, I believe.
And so stay with us.
We will be back shortly.
unidentified
This is your host, Stephen K. Band.
This is your host, Stephen K. Band.
steve bannon
Welcome back.
Beal, answer me this.
This thing about the states is absolutely hugely important.
How can they just slide it in to a reconciliation bill with essentially no debate on something so important, particularly those who believe in federalism, states' rights?
This may be the most important topic of our time.
How does that happen, brother?
unidentified
Yeah.
I hate to say it, but there's probably hundreds of millions of dollars sloshing around Congress from the industry, and I think, candidly, There are like 5,000 or so state-level bills.
Many of them are not very technically informed.
But I think at the same time, when you have a situation in which the Vatican has moved faster to appreciate the significance of this moment than the United States Congress, to ask states to hold off for a period of 10 years while Congress sort of continues the navel-gaze is probably not an appropriate ask for states in their response.
steve bannon
You know, I say you need more.
There's more regulation to open a nail salon or hair braiding salon on Capitol Hill than there is of the top four folks chasing artificial general intelligence.
Is that going to change?
Is that because the industry just flooded the zone with money and what they want is kind of laissez-faire and devil catch the hindmost in this?
unidentified
Yeah, I think there's certainly this desire to accelerate to the brink and go as far and as hard and as fast as we can.
And, you know, there are many amazing people in this industry, including many of the top leadership.
And I think they'll say they all feel locked in this race to be first to build this capability.
And as a result, they feel almost like they've lost a little bit of their own agency.
And at the same time though, each one of these executives has sort of made a claim that AI may in fact be incredibly dangerous.
And some of them have gone so far as to hunker down and buy their own 100-acre farms.
But unfortunately for the rest of us, most Americans can't afford a 100-acre farm.
I think this is something that's probably worth a little more congressional scrutiny.
How is it that these folks can make these claims and then proceed as if everything is normal?
And Congress is not really taking this seriously, and it's something that I struggle to understand, Steve.
steve bannon
Talk to me about—we just talked about the Latin Mass.
Talk to me about—we've got a connection on this.
I know you're very interested and obviously a practitioner of the Tridentine Rite.
Talk to me about our connection through the Latin Mass.
unidentified
Yeah, so I grew up in Richmond, Virginia, and I attended St. Joseph's Catholic Church, and it turns out my catechism teacher was one Marty Bannon.
So your father was my Sunday school teacher for many, many years, and he was an absolutely wonderful man.
And the priest who was presiding at that church, Father Adrian Harmony, the late Father Adrian, was very close to my grandfather and a mentor of mine and helped me get into Benedictine Military High School, where I believe your father also attended.
And so I think Benedictine might be the only Catholic military day school in the United States.
It's been around since 1911.
That's a really small world, isn't it, Steve?
steve bannon
Actually, my father was one of the founders of St. Joseph's Latin Mass and very close to Father Adrian, but it was myself and my two brothers that went to Benedictine.
My father didn't.
He was already a pretty straight shooter, so we had to go to Benedictine and get our minds right.
I want to hold you, if you don't mind, can we hold you into the six o 'clock hour for a moment?
Because I do, I know Joe has got a thing, and this is since you worked at the Pentagon, you're in this organization now.
There can't be a more, this issue of the singularity, not just artificial intelligence, but CRISPR and everything we're hurtling towards, you know, homo sapiens on this side and homo sapien plus.
It's really the biggest issue of our age, and it's not getting enough coverage.
One of the reasons not getting enough coverage.
The money doesn't want it to get coverage, okay?
They want to throw capital at it and let all these companies just kind of run for the big brass ring of who's going to get to artificial general intelligence first.
And the policy implications, the cultural implications, the civilizational implications, look, it's got huge, tremendous upside, but there's also some terrible, terrible downsides that we don't actually think this thing through.
Mike Lindell, you're with us today.
You start your trial here shortly.
Talk to us about the Memorial Day weekend, the big sale you've got on, and any updates on the trial?
mike lindell
Yeah, guys, I'm heading to Colorado in about an hour, and I'm going to be spending all weekend with lawyers.
That's where I'm going to spend.
Never thought I'd be doing that, everybody, but this is too important to the country.
It's too important to MyPill.
MyPill has been sued.
As you know, everyone that was sued back with the machine companies and their affiliates, we need to get a win.
So right now, we are having a sale all weekend for the War Room Posse.
We're trying to get as much funds as we can.
And so we're bringing the MyPillow, the dream sheets back for $49.98.
Everybody, any size, any color.
We brought this back just for the War Room Posse.
You guys have been the ones supporting us, so get as many as you want and use promo code WARMROOM.
What I'm doing, too, this weekend, you guys, use promo code WARMROOM.
You're going to get a free commemorative MyPillow.
There's only so many of them.
Get them free with any purchase.
This is the MyPillow 2.0 and the USA Revival cover, the rolling gold covers, promo code WARMEM.
Go to the MyPillow website and scroll down to you, Steve, and click on them.
We also put all the mattress on sale, the Memorial Day mattress sale.
There's the crosses.
We brought them back at 50% off.
You guys, if you buy $100 or more, I'm going to match you with $100 free digital gift.
This is the time we need to set up some records because we need it.
My employee-owned company, MyPillow.
We need a win for the country.
We need a win for MyPillow.
We can use all the resources we can get right now.
800-873-1062.
You guys have been great, responded great.
When you're spending this weekend, if you want to learn what's going on, You can go there now, and you'll see me holding a flag.
Click on it and go play-by-play on what's going to happen and the jury trial coming up.
steve bannon
We'll see you over the weekend when you get to Colorado.
And that state, and they've got some great people there.
Remember, they've got Tina Peters.
In a prison, we're trying to get her out, and the radical governor won't even hear about it.
So it's a tough one.
mike lindell
This all ties together, everybody.
Remember, they still have my cell phone.
They've weaponized the FBI against us all.
So we'll see you tomorrow, Steve.
steve bannon
MikePilla.com, most powerful promo code in the business war room.
Go check it out today for Memorial Day.
Okay, we're going to take a short commercial break.
Mo Bannon is a new member of the Board of Visitors at West Point.
We've got a surprise guest that's a new member of the Board of Directors of CPAC.
And it's someone you know from the war room quite well.
Mark Beal is going to stick around.
We've got a lot.
We're going to Texas.
Talk about the situation down there in the House and the Senate.
Short commercial break.
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