July 29, 2025 - Bannon's War Room
48:41
Participants
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| Speaker | Time | Text |
|---|---|---|
| The acting U.S. attorney in Nevada, in Las Vegas. | ||
| So they fought a battle over Alina Haba, who's fantastic, but a couple of four or five of these others got in under the wire. | ||
| So there's a lot to report in these confirmations. | ||
| Eric, thank you so much for the handoff. | ||
| Thank you, brother. | ||
| Okay, man. | ||
| See ya. | ||
| And I'll read your memo you sent me tonight. | ||
| Eric Bowling's on fire right now. | ||
| Okay, we are absolutely jam-packed. | ||
| And then the next hour we've got something very special since we're talking about the Fed tomorrow. | ||
| Let's go ahead. | ||
| We've got a great cold open. | ||
| We got Mike Benz. | ||
| I'm trying to get Cleo Pascal, Philip Patrick, Walto Walth, a lot more coming. | ||
| Let's go ahead and play the cold open. | ||
| It's all fair in love and war because we are following the rules. | ||
| We do redistricting every 10 years. | ||
| But there's other states that are violating the rules and are going to try and give themselves an advantage. | ||
| All I'll say is I'm going to look at it closely with Akeem Jeffries. | ||
|
unidentified
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That was New York Governor Kathy Hochold just last week responding to Texas and Ohio's move to reshape their maps through redistricting to benefit Republicans. | |
| Governor Hochold joins California Governor Gavin Newsom and Illinois Governor J.B. Pritzker, who have said that they would consider redrawing House lines in order to counter Republican tactics and ensure that the Democrats have a shot at securing the House majority. | ||
| If the Texas GOP is indeed successful in adding those seats to the U.S. House, how are Democrats planning to respond in fighting back on this legislative effort? | ||
| Specifically, are you contemplating boycotting the legislator to deny a quorum as your caucus has done on other issues in the past? | ||
| Well, all options are on the table. | ||
| My colleagues and I are going to use every tool in our toolbox to stop this power grab from going through. | ||
| I mean, the president is trying to rig the next election. | ||
| That's what's happening here. | ||
| He and his allies in D.C. just passed the largest transfer of wealth in American history with their big, beautiful bill, kicking millions of Texans, millions of Americans off their health care to fund tax breaks for billionaires. | ||
| And they know that's unpopular, but they don't care because they have this plan, this plan to redraw the political maps here in Texas to turn our districts into these crazy shapes so that they can guarantee the outcome they want in the next election, regardless of how we all vote. | ||
| And if this works, if they get away with this power grab, they're never going to have to fear the voters ever again. | ||
| You say that boycotting is an option, but they've tried that once before, Democrats having the state, leaving the state in 2021 over a bill that you allege infringed on voter rights. | ||
| That effort, though, was ultimately unsuccessful. | ||
| So what would be successful this time if you were to boycott the state legislature? | ||
| Well, I disagree because I was a part of that walkout in 2021. | ||
| And because we did that, because we raised awareness across the country of what was happening with the Republican voter suppression bill, it pressured my Republican colleagues to take the worst parts out of that bill, the provision that would allow them to overturn election results, the ban on Sunday morning voting that affects African-American churches. | ||
| And so that pressure actually worked to make the bill less harmful. | ||
| Again, the bill ultimately passed. | ||
| I wish it hadn't. | ||
| But in the minority, we can use all of these tools to delay, to kill, or to improve harmful legislation. | ||
| And I think that's what we're committed to doing this year with this unlawful redistricting attempt. | ||
| But I think, I mean, I think this obviously is good partisan politics to do this, but it's horrible for governance. | ||
| Because I think if you asked anybody, what's the best way to do this? | ||
| There's probably an independent commission like Michigan does, where a group of citizens actually do it, and then it has a whole bunch of swing seats. | ||
| What this does, if New York was to do it, which I agree with Jake, is probably unlikely, but if California does it, Illinois does it, Ohio does it, Texas does it, it creates a bunch of safe seats where the general election begins to not even matter less than this. | ||
| To me, I understand why the Democrats are doing this, because it's a little bit like sign stealing in baseball. | ||
| If Major League Baseball sort of didn't come down on sign stealing and some teams sign stealed and other teams said, well, we're going to maintain the way that the game should be played, which is better for the game, they're going to be at an incredible disadvantage in this. | ||
| So the only solution to this, in my view, is you have to have some national sort of policy on redistricting because if you don't have independent redistricting across the country, then anybody that does it puts themselves at a disadvantage in these elections. | ||
|
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Jake, Brendan just talked about how Democrats may have some momentum, a lot to be bullish about these days. | |
| Is that coming through, though, on the Hill? | ||
| Yes, I think that is. | ||
| I mean, Mike Johnson, the Speaker of the House, keeps suggesting, not suggesting, he's saying outright that Republicans are not only going to keep their majority, they're going to expand their majority. | ||
| That would fly in the face of historical precedent and historical norms, that the party in power keeps their majority after the first two years of a president's term. | ||
| I think it's exceedingly unlikely, especially with the tiny majority that Republicans have. | ||
| I will say this, though. | ||
| In a scenario where these majorities are decided by one, two, three, four, five seats, if Republicans can create five new Republican seats in the state of Texas, that does make a big difference. | ||
| It could make a huge difference. | ||
| You pick up a seat in Missouri, that makes a difference. | ||
| And in California, I will say, I know Newsom is very bullish on his chances of keeping, of turning a bunch of red seats blue. | ||
| I think he has a steeper hill to climb. | ||
| So Republicans really do have the inside track here because in Democratic states like New Jersey, like Illinois, there's just a lot more hurdles for Democrats to clear to get those mid-decade redistricting done. | ||
|
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You've been described as a global macro veteran and you run a hedge fund. | |
| In this moment, where would you put your money if you were still running one? | ||
| United States of America. | ||
| This is the primal scream of a dying regime. | ||
| Pray for our enemies because we're going to medieval on these people. | ||
| You're going to not get 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. | ||
| And where do people like that go to share the big lie? | ||
| Mega Media. | ||
| I wish in my soul, I wish that any of these people had a conscience. | ||
| Ask yourself, what is my task and what is my purpose? | ||
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
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Here's your host, Stephen K. Matt. | |
| Tuesday, 29th, July, Year of Alert 2025. | ||
| Scott Besson right there giving a press conference or a press avail at the end of the Stockholm, Sweden trip. | ||
| On the way back now, Philip Patrick at the bottom. | ||
| We're going to talk about that. | ||
| And also the Fed tomorrow. | ||
| A lot to go through. | ||
| As we told you ahead of time, this redistricting of Texas is going to be a huge deal. | ||
| Right there, Jake Sherman, pretty smart guy, said, hey, if you want to hold the House, a huge deal is the five seats in Texas because Illinois, California, and New York have major constitutional hurdles to overcome. | ||
| So a lot going on there. | ||
| We're going to get all into also Clear Pascal on this governor in the island nations, in the island territories who mysteriously died, an anti-CCP guy, I mean hardcore, very mysteriously died. | ||
| Pascal's coming on today to tell us that she's actually heading towards there to give us more information. | ||
| Let's go to Mike Benz. | ||
| Mike, I'm confused. | ||
| All this fighting to take USIAD, Voice of America, NED, to take them, to take them National Endowment for the Democracy, take all these nefarious kind of government NGOs funded by us to zero these huge fights. | ||
| And now I look at the budget, the fiscal year 26, President Trump recommended zero 315s back in. | ||
| You've been on top of this. | ||
| What is NED? | ||
| Why won't it go away? | ||
| Why is it like a bad rash, sir? | ||
| Well, the National Endowment for Democracy is the premier CIA cutout in the entire armada of CIA-affiliated NGOs. | ||
| It was set up during a very dicey period in CIA history in the early 1980s when the church committee hearings had unveiled all the scandals of the early Central Intelligence Agency and Jimmy Carter had just devastated the CIA with giant layoffs and budget cuts and handcuffs and written approval. | ||
| And so the Ronald Reagan Foreign Policy Establishment created the National Endowment for Democracy as a way to try to get the CIA's old powers back by parking it at a private NGO fully funded by the U.S. government, accountable to the U.S. government, staffed on the board by folks from the U.S. government, but that would technically be non-governmental so that it would allow them the leeway to do things effectively off the books, out of sight, and with plausible deniability. | ||
| It was the brainchild of CIA Director William Casey. | ||
| It was midwifed by his top deputy, Raymond Green. | ||
| The founders of the National Endowment for Democracy, Carl Gershman, told the New York Times in 1986 that they were created to fund the organizations, that it was too scandalous for the CIA to be seen as directly doing. | ||
| And they played a very large role in the 1980s in the U.S. winning the Cold War. | ||
| The New York Times went, I believe, the Washington Post, I believe, went so far as to say during Bob Gates' CIA confirmation hearings in the early 1990s for CIA director that we didn't even need a CIA anymore because we have this National Endowment for Democracy cute trick. | ||
| And it did play a significant role in organizing revolutionary movements behind the Iron Curtain, in running money, logistical support, media support. | ||
| And then when communism, when the Cold War ended, the National Endowment for Democracy then took on an expanded global role in essentially assisting CIA or USAID or State Department actions all around the world. | ||
| The real problem here is when Trump won in 2016, this same foreign policy establishment that was set up in large part to wage the Cold War found a new global menace, which was the global rise of populist parties. | ||
| From Trump in the U.S. to Nigel Farage in the Brexit and Reform Party movements in the U.K. to Maureen Le Pen in France and Matteo Salvini in Italy and Bolsonaro in Brazil. | ||
| And so they faced this kind of unofficial, undeclared Second Cold War in the form of populism. | ||
| And the National Endowment for Democracy descended like a pack of vultures to try to essentially harvest, kill and then eat the corpse of every little populist movement it could. | ||
| And so the issue right now with its funding is that you have House Republicans who still feel beholden to the traditional Republican foreign policy base from the Cold War era. | ||
| A lot of right-wing, a lot of corporations, Chamber of Commerce companies, they depend on the battering ram of the Pentagon, of USAID funding, of CIA and clandestine NGO services in order to create their markets, in order to secure favorable legislation or regulations in countries, in order to lock in government contracts, in order to harvest natural resources. | ||
| And so you have this kind of John McCain wing. | ||
| John McCain actually ran the Republican side of the National Down for Democracy for 25 years. | ||
| But you have this John McCain wing of the Republican Party who I think is not going to let go of this weapon while it serves so many of their own interests. | ||
| But Mike, down that path, this kind of had to come from Rubio with, I think it was one of his closest relationships in Congress down in Florida that slipped this in there because this is still the Caribbean, the anti-Cuba, the anti-Castro mentality on the surface, but it's still got the rot of trying to stop populist nationalism through the world. | ||
| I mean, how do when President Trump wants it out, the MAGA movement wants it out, it gets zeroed. | ||
| How do you slip $315 million back in there, sir? | ||
| Well, I think this is coming from the fact that Congress has a natural conflict with the executive branch. | ||
| We saw this play out in the budget fights. | ||
| We saw this play out over a whole host of issues. | ||
| But there is a potential salvation path for the National Endowment for Democracy if it commits to certain massive reforms. | ||
| Darren Beattie, for example, just took over the U.S. Institute of Peace, which is adjacent to the National Endowment for Democracy. | ||
| It's basically the National Endowment for Democracy for conflict zones like Syria and the like. | ||
| But the fact is, Damon Wilson is still the head of the National Endowment for Democracy. | ||
| That makes no sense at all to give that senior leadership this kind of money. | ||
| Damon Wilson was the architect of the censorship operations out of the Atlanta Council, which itself has seven CIA directors on its board and annual funding for the Pentagon State Department. | ||
| He was the head of the DFR lab, which is the censorship lab at the Atlanta Council, and then he was handpicked to run the National Down for Democracy. | ||
| The Atlanta Council DFR lab called Trump the death star of disinformation for the 2020 election and then partnered with the Department of Homeland Security to mass censor thousands and thousands of narratives, posts. | ||
| They targeted 22 million tweets as misinformation. | ||
| They got to use DHS's proprietary cyber mission control to run this whole thing. | ||
| They ran an entire full-scale campaign to destroy Donald Trump. | ||
| You can't give them $315 million. | ||
| Hang on one second. | ||
| Back in a moment. | ||
|
unidentified
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Kill America's Voice family. | |
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Steve Bannon, Charlie Kirk, Jack the Soviet, and so many more. | |
| Download the Getter app now, sign up for free, and be part of the new thing. | ||
| Okay, welcome back. | ||
| Mike Benz is with us. | ||
| Mike, NED, I actually talked to Kerry Lake, VOA. | ||
| There's a couple of these they're trying to, they refuse to let him die. | ||
| One of the reasons they refused to let him die, you mentioned Bill Casey, and he was one of the heroes of President Reagan. | ||
| He was an original OSS guy. | ||
| That's why, you know, Reagan picked him. | ||
| The deep state and the apparatus refuses to die. | ||
| And now we have this major controversy around the intelligence and what Tulsi Gabbard's putting out, what the CIA director Ratcliffe's putting out. | ||
| But I can tell you, people are getting antsy. | ||
| I understand things can be done the next day. | ||
| However, folks, the president called Obama part of a treasonous conspiracy to basically remove him from office when he first won or to shut down President Trump's first term. | ||
| And we know there's a lot more than that. | ||
| Given that you know this apparatus better than anyone's in D.C., are we really getting anywhere? | ||
| I know there's a task force over DOJ. | ||
| I know FBI is on it, but people are saying, hey, there's been enough receipts starting to be coughed up. | ||
| You know, where's the beef? | ||
| Where's the handcuffs? | ||
| Where's the perp walks? | ||
| Where's the indictments, sir? | ||
| What I'd say is this is the fastest movement, fastest moving administration probably in American history. | ||
| The amount of things that have been done in terms of institutional reforms in such a short span of time. | ||
| I mean, we're talking six months here. | ||
| Just last week, the State Department had the largest mass firing event in State Department history. | ||
| We've had a State Department since 1789, and never before have 4,000 State Department employees all been mass fired at once. | ||
| In USAID, 14,000 USAID blobsters were all fired at once. | ||
| There are considerable reforms happening at a very fast pace. | ||
| As I mentioned earlier, Darren Beattie is now the head of the U.S. Institute of Peace, which itself is another one of these dark, covert, CIA-adjacent, fully funded by the U.S. government, accountable to the Senate Foreign Relations, House Affairs committees that now have new stewardship and a new board and have been pretty brutally set back by these institutional reforms. | ||
| The main thing that I would just say to folks is that these corrupt institutions are still our institutions. | ||
| And there is a difficulty in, I know everyone sees the abuses and wants a kind of blood sport or some public, something greater than a walk of shame. | ||
| And I think in the case of Russia Gate, that is, we saw John Ratcliffe come out, I believe it was last night, and suggest that the Justice Department is looking at folks like John Brennan. | ||
| There has been the criminal referral from ODNI, so I think that Tulsi is doing all that she can on that. | ||
| Whether or not that ultimately ends up as a criminal indictment or in systemic reforms, we saw these mass firings at the Justice Department under Harmeet Dillon and the like remains to be seen. | ||
| But these institutions are still a big part of how the American motor and economy works. | ||
| These places like Harvard, corrupt as they are, they get $9 billion in federal grants. | ||
| But if you don't have world-class institutions, then you end up losing to other countries who do. | ||
| That doesn't mean you keep the same institutions, but the things that preserve them, what I'm trying to get at here is something like the National Endowment for Democracy is corrupt. | ||
| The question is, how do You fix that corruption? | ||
| Do you do it by institutional reforms and a kind of corporate regime change? | ||
| Or do you get rid of the thing entirely? | ||
| And when you get rid of the thing entirely, you're now getting rid of contacts in basically three-quarters of the world's countries. | ||
| The National Down for Democracy has deep relationships with trade labor groups, media groups, universities, regulators, banking institutions, you name it, every facet of civil society. | ||
| And do you simply get rid of that entire Rolodex or do you condition the funds on a change in leadership and a restructuring of the grant agreements and the accountability mechanism? | ||
| And I think that that is what is trying to be attempted with many of these institutions. | ||
| And we'll see ultimately as the years go by how much of that sticks. | ||
| But it is making a difference at the universities. | ||
| We do see universities now playing ball for the first time they've ever had to because of the dramatic action the Trump administration has taken. | ||
| And the big cliffhanger on all this is what will Pam Bondi do, just like with the Epstein story, just like with the Russiagate story. | ||
| The Justice Department is the great unknown. | ||
| It is the keeper of secrets. | ||
| And to that, I can only guess like the rest of everyone else. | ||
| The Washington Times today, the 29th of July, declassified files expose Obama-era plot to frame Trump with Russian lies. | ||
| I mean, pretty bold. | ||
| As the Washington Times has got great reporting, pretty tough. | ||
| What is your best guess, since you know this and know the process, of when do you think we start really moving out on that? | ||
| Is it a couple of weeks? | ||
| Is it before Labor Day? | ||
| Is it the fall? | ||
| Is it the end of the year? | ||
| Is this into next year? | ||
| As you're sitting here today, what do you think your best assessment is? | ||
| Well, if it's going to happen, it will have to happen somewhat quickly. | ||
| The statute of limitations is a kind of ticking time bomb here in several respects. | ||
| Charges like perjury or obstruction of justice are typically a five-year statute of limitations. | ||
| I understand that the way this has been pitched for criminal referral by Tulsi Gabber to the Justice Department has been around conspiracy, in which case I think you're looking at something more like a 10-year statute of limitations. | ||
| But even in that case, in 10 years, you're talking about operations that basically were 2016 to 2019 for the most part. | ||
| So you're going to need to move quickly even within that 10-year statute of limitations in terms of starting that process. | ||
| But naturally, these things are going to be very, very close hold by the Justice Department for any number of reasons ranging from the legal to the strategic. | ||
| But the fact is, I do think that we'd be well, as a body electorate, to focus in on the specific actionable claims that could be made by the Justice Department, in particular around folks like John Brennan, | ||
| who appeared to have foreknowledge according to his August 3rd handwritten notes, August 3rd, 2016, when he said that Hillary Clinton had approved a plan to frame Donald Trump for being a Russian asset, essentially, I think it was to stir up a scandal that alleging Russian interference to favor the Trump campaign. | ||
| That was known ahead of time by John Brennan, the CIA director, which is also quite curious. | ||
| That plan was approved by Hillary Clinton just five days earlier. | ||
| She was then the former Secretary of State. | ||
| The CIA chief, was he spying on Hillary Clinton's campaign to know that, or did a little birdie tell him? | ||
| How did he know that to even brief the president? | ||
| And then he goes back and runs the intelligence assessment that effectively starts this whole ball rolling while he's running the spies in Trump's campaign. | ||
| So I do think that there could be issues around the political sensitivities, I suppose, around certain figures in that cabal. | ||
| But the John Brennan one just seems so clean. | ||
| And this was the same person who publicly accused Trump of treason and said that Trump would die in prison. | ||
| So life is long and things catch back up to you. | ||
| And I think John Brennan is hard to think of a more deserving candidate for experiencing the things he wished on others. | ||
| Benz, your social media is second to none about getting information out and making analysis. | ||
| Can you give us your social media so people can keep up to speed? | ||
| It's at Mike Benz Cyber on X. I'm also on Rumble and YouTube. | ||
| Eli Crane has looked at what brother Benz has put out, and he's putting forth legislation. | ||
| Eli will be with us in the next couple of days in the war room to explain all that and how Benz has inspired him. | ||
| Mike Benz, thank you very much for joining us in the war room. | ||
| Thanks, Steve. | ||
| Cleo Pascal is with us. | ||
| Cleo, we've got a couple of minutes on this side. | ||
| I want to just hit rewind. | ||
| You're here talking about a really unknown American hero. | ||
| What has happened? | ||
| A governor in one of the territories out in the Pacific has died under very mysterious circumstances after taking a heroic stance against the Chinese Communist Party. | ||
| We've got about a minute here, and I'm going to bring you back after the break. | ||
| Can you get us up to speed on what's happening? | ||
| Yes, his body has been brought back from Guam to CNMI. | ||
| As I understand it, there was no autopsy and no official cause of death has been released, possibly out of sensitivities to the family. | ||
| So those questions have remained unanswered. | ||
| But what we know is that he wanted an investigation, intensive investigation into public corruption into the Commonwealth of Northern Mariana Islands. | ||
| And so that's really what the focus should be on now. | ||
| And the war room audience has been incredibly helpful about amplifying this, and thank them very much. | ||
| Why was he worried? | ||
| As someone said, why was he worried? | ||
| We've got about 30 seconds. | ||
| Why was he worried about corruption that he felt an intense investigation had to go on, man? | ||
| It was completely undermining the political integrity and society within the Commonwealth of Northern Mariana Islands. | ||
| This has gone back decades, including back to the garment trade, birth tourism, the Abramov scandal, and this massive Chinese casino that was running billions of dollars potentially in a money laundering operation through the CNMI. | ||
| He knew that his people wouldn't have a chance, and U.S. security was being desperately undermined by the way that this uncontrolled corruption was affecting his society. | ||
| Cleo, hang on for one second. | ||
| I'm going to hold you through the break. | ||
| Also, Philip Patrick's going to join us about what went on in Stockholm, Sweden with the Secretary of Treasury, Scott Besson. | ||
| Next in the war room. | ||
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Here's your host, Stephen K. Matt. | |
| Cleo, the blood and sacrifice of the fight in the Central Pacific in these islands had a purpose. | ||
| Now, sometimes the tactics that we need to do the head-on amphibious landings, some people question that today. | ||
| But it had an overall strategic purpose. | ||
| The blood and sacrifice of that generation on those islands, every bit as brutal as Normandy, right? | ||
| And island after island after island had a mission and objective. | ||
| And we're now in a position of kind of just giving it up. | ||
| But more importantly, it's a gateway to the United States. | ||
| And people have kind of lost sight of that. | ||
| The Chinese Communist Party is an existential threat to the Chinese people, to the American people, to our country. | ||
| And as we've shown day after day after day, it's infiltrations everywhere. | ||
| But here, there's something not right. | ||
| It's an open pathway that Chinese nationals can just come into the country. | ||
| And as you said, certain institutions out there are rife with corruption. | ||
| That's where this courageous governor took a stand and mysteriously, unexpectedly died, ma'am. | ||
| Yes, and he isn't. | ||
| So he was the governor of the Commonwealth of Northern Mariana Islands, which is where Saipan and Tinian are. | ||
| And almost exactly 80 years ago, the Enola Gay took off from Tinian and began the process that ended World War II in the Pacific. | ||
| This is a highly strategic location. | ||
| Saipan, Tinian, the rest of the Commonwealth of Northern Marianas belonged to Japan from 1914 until so many Marines and other U.S. service members died in 1944 liberating it. | ||
| And then after the war, it came under U.S. administration, under the Navy, and then it was given the choice of what it wanted for its future. | ||
| The people did, and they voted to join the United States. | ||
| So since 1970, it joined the United States as a territory, and it's one of the newest parts of the United States. | ||
| And since then, because of how important it is strategically, it's been a real target for the Chinese. | ||
| They've studied very closely World War II in the Pacific. | ||
| Toshioshihara has written extremely well about how they studied both the Japanese sides and the American side for emplacement. | ||
| But they're emplacing through political warfare to put themselves in a position to perhaps not checkmate the U.S. before it can move kinetically, and if the U.S. does move kinetically, to have a very bad surprise when it does move. | ||
| I'd also just like to point out that this is part of the United States of America, and the Chinese engagement is moving through there into the U.S. Congress. | ||
| So the representative from the Commonwealth of Northern Mariana Islands, who sits in Congress as a delegate, consistently pushes for things like a lifting of caps on direct flights from mainland China into the Commonwealth of Northern Mariana Islands. | ||
| She consistently pushes for programs that currently the Chinese do not need a visa to go into the Commonwealth of Northern Mariana Islands, and she'd like to see that continue. | ||
| But not only is she pushing it, she's very persuasive, and she uses numbers, Chinese tourism numbers from pre-pandemic eras to convince others in Congress to back her position. | ||
| So you have even people like Representative Nels from Texas 22nd, who is very strong on the border. | ||
| She somehow managed to convince him to write a letter supporting what's called EVS-TAP, which is enhanced looking at Chinese coming in, but it's enhanced from zero. | ||
| There's no reason that Chinese shouldn't require a visa to come to the Commonwealth of Northern Marian Islands like they do to everywhere else in the U.S. But she's so persuasive. | ||
| She's saying that if this doesn't happen, the Cian May economy will collapse. | ||
| Even though currently there are about eight to ten times more Korean tourists than there are Chinese tourists, and she already has everything she wants. | ||
| Chinese can already arrive in Cianni without a visa, and they haven't even reached the limit of flights that they can get from China into mainland. | ||
| So this is infecting U.S. Congress, and it's infecting the administration. | ||
| Her former legislative director, Angel Demipan, who was also chief of staff of the former governor, was involved in facilitating the setting up of the Chinese casino that was running billions of dollars, potentially laundering, the investigation needs to happen, into the U.S. economy from China. | ||
| He is now the DAS, the Deputy Assistant Secretary for Insular and International Affairs at the Department of Interior. | ||
| I have no idea how he passed the vetting. | ||
| He was very supportive of the Chinese casino, and he worked for this member of Congress who is pushing for easier Chinese access into the United States via CNMI. | ||
| This is how they infiltrate. | ||
| Do we know any details of the funeral? | ||
| The funeral will be on August 2nd, and I know that there are people coming from across the U.S., including members of Congress like Representative Radwagon from American Samoa and others, but we don't know the full guest list yet. | ||
| We will figure it out, and hopefully maybe you'll be able to stream it. | ||
| Cleo, what is your social media so people can keep up to date on this very important story? | ||
| Thank you. | ||
| I'm on X, just my name, Cleo Pascal, CLEO, P-A-S-K-A-L. | ||
| And also, just another thing about Governor Palacios, who passed away. | ||
| He was elected as an independent, but he joined the Republican Party because of President Trump. | ||
| And MAGA and the posse has been very supportive of him and what's been going on now, and I know he'd be grateful. | ||
| Thank you. | ||
| He's MAGA. | ||
| And honor the sacrifice of the greatest generation. | ||
| What they fought for. | ||
| They knew how important this was. | ||
| Thank you, Cleo. | ||
| We'll stay on top of this. | ||
| Got to be an investigation. | ||
| It ought to be an autopsy, to be burdenedly frank. | ||
| Yes, sir. | ||
| And a major investigation, including the casino. | ||
| We've got a cold open from Sweden. | ||
| Let's go ahead and play it. | ||
| The discussion centered on the two economies. | ||
| We had a very in-depth report on them, on the Chinese economy. | ||
| We gave a very detailed report on the U.S. economy. | ||
| We talked about the trade deals that we were doing with other countries. | ||
| We expressed our concern about Chinese overcapacity globally and what that might mean for this year, for the next few years. | ||
| We expressed our concern for their purchases of sanctioned Iranian oil, of which they buy about 90%. | ||
| We also expressed our regret that we believe that they had sold Russia about $15 billion of dual-use technologies. | ||
| But the overall tone of the meetings was very constructive. | ||
| We don't want to decouple. | ||
| We just need to de-risk with certain strategic industries, whether it's the rare earth, semiconductors, medicines. | ||
| And we talked about what we could do together to get into balance within the relationship. | ||
| So 60% of the world's GDP we now have either in heads of terms, terms agreed, or getting under contract with Liberation Day tariffs and are bringing jobs back and bringing a lot of cash back. | ||
| India is still out. | ||
| China's still out. | ||
| Of course, Scott Besson, our theory of the case, and Scott knows this well, it's decouple and decouple hard. | ||
| President Trump and Scott understand they're running a global economy and they're trying to work it out, figure it out with the Chinese Communist Party. | ||
| Philip Patrick joins me now. | ||
| Philip, I want to tie this to the CCP leading the effort, and let's be blunt, they're leading the effort to de-dollarize, right? | ||
| Every aspect behind BRICS, the central bank buying gold, they are not an ally of us. | ||
| I understand we are trying to work out a trade deal, right? | ||
| We're pretty adamantly opposed to the chips deal. | ||
| But Scott and the president are trying to balance an economy that's growing. | ||
| And right now, they're kind of hitting on all cylinders. | ||
| What are your thoughts about all this, particularly in the de-dollarization front, which the CCP is still leading, sir? | ||
| Yeah, look, I mean, Besson's doing the job that he has to do. | ||
| Like you said, they're trying to make the global economy start working, start running a little bit better, and China are an important part of that. | ||
| So Besson said he was not looking to decouple, but rather to de-risk. | ||
| He chose his words carefully. | ||
| Look, Besson's come out. | ||
| He's tried to reassure American businesses ahead of the August 1st tariff deadline. | ||
| He downplayed the impact of any snapback tariffs and suggested that any impact could be short-lived. | ||
| They talked about adding an extra 90 days to the current tariff suspension. | ||
| That's one option on the table. | ||
| But I think the real message here is that there is no deal yet with China. | ||
| We've got to remember one-third of our entire trade deficit comes from Chinese goods. | ||
| While all these trade deals matter, this is the one that matters most. | ||
| And I think they're treating it accordingly. | ||
| China's signaling consensus over a third round of negotiations, but it's not a done deal until President Trump signs off. | ||
| And quite frankly, there's still some serious concerns outstanding, right? | ||
| China wanted the fentanyl tariff lifted. | ||
| We refused and rightly so. | ||
| I think it sets the tone, right? | ||
| No shortcuts when it comes to enforcement. | ||
| They're also, as Besson mentioned in the open, buying oil from sanctioned countries, whether it's Russia or Iran. | ||
| Trump warned, sorry, there could be secondary tariffs of up to 100%. | ||
| So they haven't sealed the deal yet, but they've left the playing field intact. | ||
| And I think Besson's taking the right approach when it comes to America first. | ||
| Talking about wanting to de-risk, I think is very important, particularly when it comes to rare earths, semiconductors and medicines, right? | ||
| It is a national security risk to be reliant on foreign nations to do this. | ||
| So I think Besson's walking the line that he has to do for now. | ||
| Longer term, though, China a big problem. | ||
| We talk about de-dollarization. | ||
| They are quietly leading the charge behind the scenes. | ||
| I know Brazil are getting more vocal, but it's China that are really pushing this. | ||
| And as long as they continue to do that, it's going to be a problem for us here. | ||
| But again, I think so far, Besson's done a good job in negotiating trade deals, but this is the one to watch. | ||
| By the way, had a buried lead there. | ||
| 90%. | ||
| He said 90, they told him 90% of the output of the Persians in all is purchased by the Chinese. | ||
| This is why I always argued if you want to overthrow, if you want regime change in Persia, just step in the middle of that transaction. | ||
| Why then, why, given that they're trying to make a trade deal that the Americans have clearly said at the leadership level, we don't want to decouple, we want to de-risk. | ||
| We want to try to figure this out. | ||
| Why is the Chinese Communist Party's central bank, why do they continue to buy gold at record rates? | ||
| Listen, China have a long-term plan, and that is to de-dollarize, right? | ||
| But just like we can't, you know, knock China off overnight, they can't replace us overnight. | ||
| Even China, our biggest geopolitical rival, who have slowly been de-dollarizing for a decade, they have deep exposure to the U.S. system, $750 billion of U.S. government debt, $1.5 trillion In mortgages, cash deposits, and everything else. | ||
| So, this is the global economy is very interlinked. | ||
| And I think we're playing it cautiously on both sides of the fence. | ||
| But like I said, China won't come out and overtly say their plan is to de-dollarize, but look at what's happening behind the scenes. | ||
| And like I said, that's why I think putting the squeeze on the CCP, whether it's through trade deals with our partners, the UK or European partners, that needs to be the goal long term. | ||
| We have to try and reduce China's influence globally, otherwise we're going to end up in trouble. | ||
| Philip, can you hang on for a second? | ||
| I want to just bring you back for a moment because the Fed's going to meet and we're going to note tomorrow. | ||
| I think they met today because Fishbeck's lawsuit didn't go forward. | ||
| They shut down the TRO. | ||
| His lawsuit's still going forward. | ||
| They shut down the TRO. | ||
| So we'll find out tomorrow before the Fed breaks to go to Jackson Hole for their annual retreat exactly what they're going to do in interest rates. | ||
| Birchgold.com slash bannon. | ||
| End of the dollar empire. | ||
| You get a relationship with Philip Patrick and his team, and you get seven free installments. | ||
| We're currently working on the eighth and the ninth. | ||
| Okay, we'll put both of those out. | ||
| Also, I have a lot of announcements to make after Labor Day of things we're doing with the team at Birch Gold. | ||
| But what you want to do now more than ever is build a relationship with Philip Patrick's and his team. | ||
| One way to do that, simple, easy way, and free. | ||
| Of course, all of it's free. | ||
| But take out your phone and text Bannon, B-A-N-N-O-N, at 989898. | ||
| Get the ultimate guide for investing in gold and precious metals in the age of Trump. | ||
| Do it today and talk to Philip Patrick and his team. | ||
| Short commercial break, Philip Patrick on the Fed. | ||
| Shortly. | ||
|
unidentified
|
Here's your host, Stephen K. Battle. | |
| Fishback could not get the meeting to be public today, but the lawsuit goes on. | ||
| It went on today. | ||
| Do you think they do a 25-basis point cut tomorrow or they wait till September? | ||
| They don't do it, Philip. | ||
| Yeah, I think they wait till September. | ||
| The betting market says 0% chance of a rate cut tomorrow. | ||
| Looking at Powell's interaction with Trump, you can tell he does not want to do it. | ||
| But they're pricing in now, I think, a 25-basis point cut in September, about a 50-50 shot. | ||
| I think the Fed will have to do it by then. | ||
| Employment is, we'll see, historically low, but inflation's under control. | ||
| It's at 2.9%. | ||
| It's below their average since inception of 4%. | ||
| So I think they'll have to lower towards the end of the year, but we'll have to wait and see. | ||
| Fishback's saying on his models, he thinks they're 100 basis points or more off. | ||
| They've missed. | ||
| And Trump says he wants a 300 basis point cut. | ||
| Do you see anything like that in the future? | ||
| I mean, 300 basis point cuts. | ||
| I understand why President Trump wants it. | ||
| He wants to deal with debt service. | ||
| He wants to put rocket fuel on the economy. | ||
| 100 basis point cut is probably more in line with where we should be. | ||
| I think the Taylor rule said 4.2, so a little lower than where we are. | ||
| But 100 basis point cut sounds right to me. | ||
| Philip Patrick, people need to make contact with you guys to start working with you. | ||
| How do they do that? | ||
| What's the easiest way? | ||
| Very simple. | ||
| Birchgold.com forward slash Bannon. | ||
| Get the information. | ||
| It is free. | ||
| Birchgold.com forward slash Bannon. | ||
| Get end of the dollar empire. | ||
| All series. | ||
| Information on how and why to invest in precious metals under a Trump administration. | ||
| And they'll get access to a lot of guys like me who can guide them through step by step and explain what's going on. | ||
| So birchgold.com forward slash Bannon. | ||
| Are the central banks of the BRICS Nation still buying gold at record rates, sir? | ||
| First six months of this year was a six-month record for any period in history up until now. | ||
| So absolutely, yes, they are not slowing. | ||
| Philip Patrick, thank you very much. | ||
| Go find out today, folks. | ||
| Your quest should be to answer the question, why are these central bankers doing that? | ||
| Go to Birch Gold through the methodologies we've given you and get the answer. | ||
| Talk to Philip Patrick and his team. | ||
| Mike Lindell, brother, you were good earlier. | ||
| I think mixing it up with you is better. | ||
| You were on fire in the morning show. | ||
| We're going to get you up a little early now. | ||
| I need a special deal here for the Warroom posse, sir. | ||
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| Thank you, sir. | ||
| Appreciate you. | ||
| Yep. | ||
|
unidentified
|
Thanks. | |
| Thanks, Steve. | ||
| Appreciate the folks over at Home Title Lock, too. | ||
| That piece of paper, that's your title. | ||
| That's what actually says that you have ownership of your castle, right? | ||
| Of what is, I don't know, 80 or 90% of your net worth. | ||
| That would be your home. | ||
| In today's environment, just the reality between cyber and AI and rogue lawyers and accountants or maybe family members have gone off the reservation. | ||
| Somebody can get with this because the rudimentary system we have of titles in this country, somebody can get to it. | ||
| Natalie Dominguez comes on here every couple of weeks and gives you another horror story where there's a way to stop that, the $1 million triple lock protection from Home Title Occ. | ||
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| Hometitallock.com slash Steve. | ||
| It's simple. | ||
| Talk to Natalie Dominguez and the team today. | ||
| Make sure you get all the information. | ||
| A lot more. | ||
| We're going to get down and dirty tomorrow morning on this situation in Texas. | ||
| I think because the show has done such a great job of putting it out there, Hakeem Jeffries is flying down to Texas tomorrow. | ||
| People are finally waking up this. | ||
| This is big, as Punch Bowl said at the beginning of the, Jake Sherman said at the beginning of the show, it's very, very big. | ||
| Next hour, because of the feds meeting and tomorrow and the economy and these tariff deals, we're going to do something very special. | ||
| Judy Shelton's interview that I did on Saturday, people have been raving about it. | ||
| People wanted to see it again. | ||
| A lot of people didn't get a chance to see it. | ||
| So what I've done in the next hour, I've broken it down and I give context to what we're saying. | ||
| In particular, I spend some time on that tremendous lead-in we had from the movie, from the miniseries, John Adams, with Thomas Jefferson and Hamilton going at it. | ||
| So you'll get that all in the next hour. | ||
| Stick around. | ||
| It's something we had a lot of fun putting together. | ||
| Next hour, the worm's up in a moment. | ||
| We're going to take you out with the right stuff, a classic book, a masterpiece of a movie, and a score that is so brilliant. | ||
| Sends chills down every time you listen to it. | ||
| From the right stuff. | ||
| We're going to be back in the warroom. |
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