Aug. 1, 2025 - Bannon's War Room
48:51
Participants
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| Speaker | Time | Text |
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| I think tonight's a fairly historic night where I think you can go back and when you write the history, you'll say this is the night that the global free trade era begun by the United States in the post-war era led by the United States really came to an end. | ||
| There is now, I think, a permanent tariff curtain around this country. | ||
| Whether that's for good or for ill, well, we'll find out. | ||
| But right now, what it means is that one person, one man has put in place the tariffs without Congress. | ||
| There's some question about the legality of what he's done. | ||
| But you can also say, I guess it was done democratically. | ||
| If you voted for Donald Trump and didn't know he was going to put these tariffs on that were going to raise your prices and limit your choice, well, you were either willfully or were just misinformed. | ||
| So this is a big night. | ||
| This is it. | ||
| We are now in a place where there are tariffs that have gone up from what were 3% and an effort that went on for decades to reduce tariff barriers and increase free trade. | ||
| It's over now. | ||
| There's a tariff curtain around America. | ||
| Welcome back to Squawkbox. | ||
| Rick Santelli here with the big breaking news of the morning. | ||
| The big July job, job, jobs report. | ||
| Non-farm payrolls, up $73,000. | ||
| Definitely a bit light, but maybe it's the Goldilocks. | ||
| We'll have to see how the market moves. | ||
| $73,000, that would be the lightest rate of the year. | ||
| You have to go back to October of last year to find a lower non-farm pays at $44,000. | ||
| Now, the revisions, here's a biggie. | ||
| The two-month revision minus $258,000. | ||
| That is a biggie, a biggie. | ||
| Average hourly earnings on month-to-month basis come in as expected, up three-tenths. | ||
| And if we look at year-over-year perspective, up 3.9. | ||
| That's important. | ||
| That's a tenth higher than expected, two-tenths higher than the 3.7 in the rearview mirror. | ||
| And that 3.7 was the lowest year-over-year earnings rate going back to mid-21. | ||
| If we look at the hours worked, hours work at 34.3, that's up a tenth. | ||
| That's a good thing. | ||
| The unemployment rate moves up a tenth. | ||
| It moves up a 10 from 4.1 to 4.2. | ||
| And this makes it the one, 2, 3, the fourth 4.2 read of the year to find a higher reading. | ||
| You're going way back. | ||
| You're going all the way back to October of 21 when it was 4.5. | ||
| Now, if we look at labor force participation, comes in a 10th light. | ||
| 62.2, that's a 10th light in the rearview mirror and expectations. | ||
| 62.2 to find a lower number. | ||
| You're going back to the end of 22. | ||
| And finally, the underemployment rate, which is called U6, that 4.2 is called U3. | ||
| 7.9 on the underemployment rate. | ||
| That would equal where we were in March to find a higher one. | ||
| You're going to February. | ||
| What's the market doing? | ||
| The market and interest rates is moving lower. | ||
| Why is it moving lower? | ||
| Because of the big revision would be my guess. | ||
| And maybe partially due to the light non-farm, but it is the revision. | ||
| We have moved down quite a bit. | ||
| We're at 432 now. | ||
| Pre-number, we were hovering around 439-ish. | ||
| And if you look at where we settled last week in a 10, it was at 439. | ||
| So we're now down about seven basis points on the week. | ||
| A two-year last week closed at 393. | ||
| It is now down 10 basis points. | ||
| And that's after closing at the highest level yesterday in the short end since mid-June, of course, of this year. | ||
| Pre-opening equities, they're moving a bit lower, but they haven't made new lows in the Dow futures yet. | ||
| So we want to monitor that. | ||
| There's a couple of things we've got to remember as we look at this data. | ||
| One is the fact that these massive downward revisions are not new to this year. | ||
| The idea that somehow this is because of staffing shortages doesn't explain why we had the massive downward revisions for the last four years. | ||
| Basically, this is a post-COVID data collection problem when it comes to the jobs numbers. | ||
| In fact, just earlier this week, we got the quarterly business employment dynamics report from the Bureau of Labor Statistics. | ||
| And sure enough, that showed that 2024 has another massive overestimation of the number of non-farm payrolls. | ||
| So next year, when we get the annual benchmark report for that 12-month period from March to March, we're going to see another huge annual downward revision. | ||
| And that's on top of the existing month-to-month downward revisions that we've already had and that we clearly continue to have. | ||
| So again, the idea that somehow there's something wrong with the data and it just started this year, that's not really new. | ||
| Again, this is a post-COVID problem. | ||
| The BLS probably needs to seriously rethink all of their models, whether it's non-farm payrolls, inflation, you name it. | ||
| The other good thing that I saw in this report, though, is the fact that a lot of the decreases that we've seen are actually coming from the federal government. | ||
| Since January, non-farm payrolls at the federal level are down 84,000. | ||
| So they're clearly making good progress in terms of cutting the bureaucracy. | ||
| This is the primal scream of a dying regime. | ||
| Pray for our enemies because we're going medieval on these people. | ||
| You're just not going to free shot 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're trying 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 line? | ||
| MAGA 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. | ||
|
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Waru, here's your host, Stephen K. Mann. | |
| It's Friday, 1 August, Year of the Lord, 2025. | ||
| Thank you. | ||
| We got so much to get to this morning, so let's just cut through the jungle here with the machete. | ||
| We're going to have a couple senators on here, I think, about the recess and what we're going to do about these appointments. | ||
| We're going to get an update in Texas. | ||
| Gonna have a very special guest come on up. | ||
| the Brazil situation, President Trump hammering hard. | ||
| Joe Allen, massive news on artificial intelligence. | ||
| We've got to start with the economy and these job numbers. | ||
| Joe Lavornier joins us from Treasury. | ||
| So, Joe, walk us through it. | ||
| I think what people are most concerned about are not the light number for the month of job pickups versus non-farm, but it's the revisions. | ||
| And particularly, I think the concern is we haven't had a lot of time to go through it. | ||
| It just got released, but the fact that it looks like the increases in jobs are coming in healthcare. | ||
| Let's talk jobs first and then we'll talk tariffs because President Trump last night put out a whole new, not a whole new, but really, I think, threw down hard that we are reordering the world's trading relationships, and this is the way it's going to be. | ||
| And this is very significant because today's the one August when he said everything was going to happen. | ||
| Let's start with the jobs numbers, sir. | ||
| Sure, Steve. | ||
| So, yes, the numbers were light relative to what they had been, and they were down revisions. | ||
| But I want to focus on a couple of the key, you know, the good news. | ||
| Number one is that layoffs are very low. | ||
| We see that in jobless claims, initial claims are back down to their lowest reading in weeks. | ||
| So, there's very little layoffs. | ||
| We have the one big, beautiful bill passed. | ||
| There's certainty on that. | ||
| You just talked about trade. | ||
| We've had numerous huge bilateral trade deals with some of our key trading partners. | ||
| Still some more to come. | ||
| That's a positive. | ||
| And we've got the CapEx comeback. | ||
| And that matters, Steve, because when CapEx is growing at a decade-plus high, that always presages faster employment. | ||
| So the data were on the softer side, but the outlook is great. | ||
| In terms of income creation, we had strong wages. | ||
| It's important because if we look at the details, all of the job gains year to date have been in native-born employment. | ||
| They're up about 2.5 million. | ||
| Foreign-born employment, which people use as a proxy for illegal immigration, was actually down a million. | ||
| So the wage trend will strengthen, as Secretary Besson has said. | ||
| And President Trump's economic policies now, which are being codified, will lead us on a much faster growth trajectory, Steve. | ||
| But we do need lower rates because lower rates will smooth this process to much faster growth. | ||
| And again, President Trump has been proven correct. | ||
| You need lower interest rates. | ||
| I agree with all that. | ||
| And particularly native-born versus non-native-born, real wage growth, all of it. | ||
| The only caveat I would put, sir, and I realize this administration is taking a very different tact and Silicon Valley's taking a very different tact. | ||
| But traditional, your theory of the case on capital expenditures is based on a classical model where capital expenditures add to jobs. | ||
| I would actually argue that most of this is coming in capital expenditure, a lot of it, not most of it, a lot of it's coming in capital expenditures related to artificial intelligence. | ||
| And I get a sense that the lightness in some of these numbers, you're starting to see not just economy coming out of this horrible Biden ditch, right? | ||
| But you're also beginning to see the impact of artificial intelligence. | ||
| And my concern is the big capital expenditure may not lead to the actual employment growth that we anticipate, given traditional models of CapEx to employment. | ||
| But since so much of this is going into either data centers, energy for data centers, or in infrastructure around artificial intelligence, we will start to see we will not, you will not get the labor pickup, you think, particularly in entry-level white-collar jobs. | ||
| Any thoughts about that so far, Joe? | ||
| I understand that point, Steve. | ||
| And this is where I think the one big beautiful bill is so innovative in that it actually gives 100% expensing to build those data centers, factories, and plants. | ||
| And what it'll mean, especially on the skilled labor side, where that pertains to a lot of blue-collar work, you'll see much faster wage gains because there'll be real employment demand there. | ||
| On the CapEx side, I hear what you're saying. | ||
| Those are fair points. | ||
| However, when we look at the data, we are seeing some good growth in non-AI related spending, and I do expect that to accelerate. | ||
| Everything won't be just AI. | ||
| We've got the codification of those lower marginal rates on capital and labor. | ||
| So if we get the lower rates, money isn't tight, Steve. | ||
| We're going to be able to get housing costs down significantly, improve first-time affordability, which is at an all-time low. | ||
| And everything kind of will multiply and self-feed because the president has set an environment for the economy really to boom, but it needs that liquefaction to actually grow. | ||
| Kind of like a garden. | ||
| A garden needs water. | ||
| It may have good soil and seeds, but it needs more than that. | ||
| The corporate earnings were very good to great, but the employment numbers are not there. | ||
| Are you concerned that we're going to have a lot of efficiencies coming to these corporations? | ||
| They're going to get great top-line growth and even earnings growth, but that's going to come at the expense of high-value added, high-paying jobs. | ||
| No, Steve, I don't. | ||
| And I'll tell you why. | ||
| Having worked a long time in Wall Street, a lot of the trading now is electronic, and I heard how we're not going to need salesmen and women. | ||
| It doesn't matter. | ||
| But in reality, as if you're good and you add value, those are still very high-paying jobs. | ||
| What President Trump is going to create is a much more efficient system. | ||
| We're seeing, you mentioned employment numbers. | ||
| We're seeing government jobs go by the wayside. | ||
| You're going to see faster productivity tied to wages. | ||
| New industries come about. | ||
| Like, for example, we talked about the Genius Act, not so much on your show, but how innovative and all these new financial products and things are come down the pipe that will create demand for dollars, create new industries which are coming before our eyes. | ||
| So I'm optimistic. | ||
| We're going to have high-paying jobs, certainly on the blue-collar side, but also, Steve, on the white-collar side. | ||
| It's just a lot of these industries are in their infancy, and we don't know what they're going to spawn, but I'm an optimist. | ||
| Okay. | ||
| Joe, where can people go to your social media? | ||
| Because I'm sure there's going to be a lot of updates today and different analysis and perspectives coming from Treasury. | ||
| Where do people go to follow you guys today? | ||
| Thank you as always, Steve, at LaVorne Unomics. | ||
| And of course, at Besson, Secretary Beston as well. | ||
| Either, well, Secretary Besson, for sure. | ||
| He's the main man, but you can follow me for those that want at LaVorne Unomics. | ||
| And thank you again. | ||
| You're not a bad wingman, though. | ||
| Good job. | ||
|
unidentified
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Thank you, Steve. | |
| Good team together over there. | ||
| E.J. Antony is going to join us at 11. | ||
| We're also going to talk until the labor number came out. | ||
| It was really a historic day as President Trump has reordered the world's global trading system. | ||
| Put out a bunch of new tariff designations last night, etc. | ||
| Some are kicking in today. | ||
| Some are kicking in in a couple of weeks. | ||
| Some are kicking in October. | ||
| But as Joe Leesman said right there last night, I think it was on Stephanie Rule. | ||
| President Trump, President Trump has totally reordered the post-war international commercial relationships. | ||
| So we're going to get to all that later with E.J. Antony. | ||
| We're going to talk about artificial intelligence. | ||
| James O'Keefe's going to join us really packed this morning. | ||
| Birch Gold, now more than ever. | ||
| You can tell in a day like today, gold's going to pop. | ||
| But it's not about the price of gold. | ||
| It's about the process of how value is driven by gold as a hedge. | ||
| That's what you want to learn. | ||
| You can learn it at Birch Gold. | ||
| Birchgold.com slash Bannon, the end of the dollar empire, seven free installments. | ||
| Everything Birch Gold puts out with War Room is all free and ubiquitous. | ||
| So go check it out today and talk to Philip Patrick and the team over at Birch Gold. | ||
| Now more than ever, like I said, you're going to hit a couple of speed bumps along the way in reordering the world's economy. | ||
|
unidentified
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It is the 83rd birthday of Jerry Garcia. | |
| So today we're going to have, in honor of Jerry Garcia, we'll be playing Jerry Garcia's music coming in and going out. | ||
| Also tonight, I think Dead and Company kick off a three-day visit. | ||
| I think it's in San Francisco to the park there, the famous park where they go. | ||
|
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Kill America's Voice family. | |
| Are you on Getter yet? | ||
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No. | |
| What are you waiting for? | ||
| It's free. | ||
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It's uncensored, and it's where all the biggest voices in conservative media are speaking out. | |
| Download the Getter app right now. | ||
| It's totally free. | ||
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It's where I put up exclusively all of my content 24 hours a day. | |
| You want to know what Steve Bannon's thinking? | ||
| Go to Getter. | ||
| That's right. | ||
| You can follow all of your favorites. | ||
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Steve Bannon, Charlie Cook, Jack the Soviet, and so many more. | |
| Download the Getter app now, sign up for free, and be part of the new thing. | ||
| Okay, we're up on Getter. | ||
| I'm up on Getter exclusively if you want to see everything I'm putting up all night long and where our thinking's going. | ||
| And we put up counter arguments and a lot of articles from liberal and progressive publications just so people can understand narrative warfare, what's happening. | ||
| Go to Getter. | ||
| It's totally free. | ||
| Download it. | ||
| It's super easy to use it. | ||
| That's why I use it because I'm an idiot in this regard and it's very, very easy. | ||
| Joe Allen's join us here. | ||
| Joe was supposed to be on the six o'clock show last night, but it got so crammed, I did not want to just jam this thing in for Joe because it's too important. | ||
| And since we've had the jobs report, and we're doing some analysis right now to make sure that we actually got facts. | ||
| However, I have a feeling that some of this, because you're seeing earnings go up, I mean, we've had great earnings, great earnings season so far, by and large. | ||
| But it's light on the employment side. | ||
| And I think if you go back through these numbers, a lot of those numbers are tied to healthcare, which is not a great thing because healthcare has got so much government involvement in it. | ||
| You want manufacturing increases, manufacturing jobs, all of it. | ||
| My big concern about the rush to artificial intelligence, it's not a, as Brian Costello says, it's not a productivity model they're using in artificial intelligence. | ||
| It's an efficiency model. | ||
| That means cutting out bodies, human beings to let artificial intelligence take over. | ||
| This is why entry-level, administrative, managerial, and technical jobs, those three areas, I think are going to have a great impact. | ||
| Over, I think, two months ago, when we kind of profiled it, Axios, Jim Vanderhey particularly, was talking about the white-collar apocalypse coming from AI. | ||
| I'm not saying today shows it, but there's got to be some reason for the softness here. | ||
| And we're going to work throughout the day and tomorrow to get to the bottom of it, particularly on the revisions, which are pretty big. | ||
| Joe Allen, here's what we're going to explain. | ||
| I want to play the cold open to yours because you've had two individuals already at the leading edge of this come out and say that AGI, artificial general intelligence, at least the way I take that they're saying, is a thing that is going to be coming quite soon, much sooner than people thought. | ||
| Is that your interpretation? | ||
| Steve, yeah, the most aggressive predictions are basically spreading like wildfire across San Francisco where the tech hub is. | ||
| You know, no one has any idea what's going to be spit out the other end of, say, OpenAI's current project to produce GPT-5. | ||
| But you're hearing again and again and again from Sam Altman, Mark Zuckerberg, Eric Schmidt, this promise that AGI is imminent. | ||
| If they're wrong, then this is the most egregious and ridiculous bubble that anyone has yet pulled off. | ||
| If they're right, then what they're talking about basically is creating a little G god in a box, a system that will basically replace every intellectual job on the planet. | ||
| Maybe not in a day, but every single one of them seemed to have this vision that either you will be forced to use these systems, which is already happening in corporations and schools across the world, or you'll be outmoded. | ||
| You'll be replaced. | ||
| You won't be cognitively effective in the new digital ecosystem if you don't, in essence, merge with the AI. | ||
| Just beyond that, of course, they promise super intelligence. | ||
| As the AGI begins to improve itself, then the belief that they have, and as they scale these systems up, the belief is that they'll create something that is basically a big G god in a box. | ||
| It looks an awful lot like a UFO cult to me, Steve. | ||
| They're promising an alien intelligence that is superior to humanity that will arrive any day now to relieve us of our toil and perhaps even our physical bodies themselves. | ||
| If it was one of these cults, and I think you did a meme about this, which is quite powerful. | ||
| If it was just a UFO cult, it wouldn't have an impact or matter in people's daily lives. | ||
| This is about to overwhelm, not have an impact on your life. | ||
| This is going to overwhelm every aspect of your life, right? | ||
| And actually change your life and probably change your life pretty dramatically. | ||
| Let's play, we have the cold. | ||
| Let's go. | ||
| You had a put together a video for us. | ||
| Let's go ahead and show that, and I'll bring you back. | ||
| We are building something profound. | ||
| This is a kind of brain for the world. | ||
| It'll be personal, adaptable. | ||
| It'll be easy to use. | ||
| It'll give people incredible superpowers that were sort of science fiction only a couple of years ago. | ||
| Okay, so we believe as an industry that in the next one year, the vast majority of programmers will be replaced by AI programmers. | ||
| It probably would look like what you might consider a very attractive extraterrestrial. | ||
| But I think an even more meaningful impact in our lives is going to come from everyone having a personal superintelligence that helps you achieve your goals, create what you want to see in the world, be a better friend, and grow to become the person that you aspire to be. | ||
| Insects or slimy reptilians are eyes so big that you could fall into them. | ||
| One way to say this is that within three to five years, we'll have what is called general intelligence, HEI, which can be defined as a system that is as smart as the smartest mathematician, physicist, artist, writer, thinker, politician. | ||
| The people of open AI, Google, Meta, and countless startups are proving once again that America is impossible. | ||
| You are just impossible to beat. | ||
| I want to talk about our new effort, Meta Superintelligence Labs, and our vision to build personal superintelligence for everyone. | ||
| The only real extraterrestrials have a body similar to human body. | ||
| So now we're starting to look ahead to superintelligence. | ||
| And even more than before, our focus must be on wide and fair access. | ||
| What happens when every single one of us has the equivalent of the smartest human on every problem in our pocket? | ||
| I think that personal devices like glasses that can see what we see, hear what we hear, and interact with us throughout the day are going to become our main computing devices. | ||
| In the next year or two, this foundation is being locked in, and it's not, we're not going to stop it. | ||
| It gets much more interesting after that. | ||
| Because remember, the computers are now doing self-improvement. | ||
| They're learning how to plan, and they don't have to listen to us anymore. | ||
| We call that superintelligence or ASI, artificial superintelligence. | ||
| And this is the theory that there will be computers that are smarter than the sum of humans. | ||
| The San Francisco consensus is this occurs within six years. | ||
| When the end of that occurs, then they have reached a condition of having overcome human behavior, human thinking, human desires, desiring only to be in the kingdom of heaven, in the evolutionary level above human. | ||
| This is a kind of brain for the world. | ||
| It'll be personal, adaptable. | ||
| It'll be easy to use. | ||
| It'll give people incredible superpowers that were sort of science fiction only a couple of years ago. | ||
| I think we need to recut that after the break because I just want to have Altman and Zuckerberg next to each other. | ||
| I wanted to have those, if we can do that, if our crack team can do that, cut out everything else. | ||
| You had the UFO cult guy in there, and it's very powerful because he sounds like the same level of crazy. | ||
| Or I shouldn't say crazy. | ||
| He's not rational. | ||
| However, they're sending a very big signal right now, Joe, and that's what we need to focus on. | ||
| They're telling us something different. | ||
| Schmidt's thing was from a little while ago, right? | ||
| The other two last 24 hours, correct? | ||
| Three months ago. | ||
| He's also signaling. | ||
| He's signaling. | ||
| He's signaling what's going to happen. | ||
| He said right there about the, you know, about the programmers, which I keep saying, you know, learn to code. | ||
| Well, that's not going to be that relevant anymore since coding was like learning Sanskrit and you had a bunch of kind of average coders or good coders and those the people who got jobs. | ||
| And then you had the Einsteins, you know, the handful of Einstein up here. | ||
| And Joe Lavarnier took a crack at answering the question. | ||
| He took a crack at answering the question. | ||
| And his response was, hey, this capital expenditure is going to, we're going to build data centers. | ||
| We're going to build this technology. | ||
| We're going to build this. | ||
| And you're going to have a lot of blue-collar jobs. | ||
| He's absolutely correct. | ||
| The construction of this and all that is going to have a big boost on blue-collar, you know, that skill set, the skill set of people that work with their hands and their heads and know how to make things. | ||
| However, the real question I was asking is on the other side. | ||
| Is that coming or not? | ||
| And what is disturbing to me anyway is that in the last 24 hours, we've had Altman and Zuckerberg. | ||
| And Zuckerberg is, you know, he's now putting out contracts to try to get the AI superstars at levels of signing people to $100 million contracts. | ||
| There's clearly something. | ||
| Joe, take a minute here before we go to break. | ||
| There's clearly something up of what they're seeing in the frontier labs because they're conditioning us now for a big development that is upon us. | ||
| Do I interpret that correctly, sir? | ||
| One of two things are happening there, Steve. | ||
| Either they're conditioning us for what's about to be released from OpenAI or conditioning us to believe at the very least that these companies have this and are using it internally, or it's a major flop. | ||
| It wouldn't be the first time. | ||
| But certainly they can't keep promising that AGI is imminent and never produce either the bubble pops or they unleash some sort of bizarre digital demon upon the world. | ||
| No, I don't know. | ||
| They haven't promoted that AGI is here. | ||
| We've always heard, he just said the consensus was six years away. | ||
| I don't think we'll take a break. | ||
| I don't think I haven't heard that they've said, oh, AGI is upon us and we're going to have it in the next six months. | ||
| It's always been to me, it's been in the out years, three, four, five, or six years. | ||
| Anyway, we got Joe Allen's here. | ||
| It's the 83rd birthday of Jerry Garcia. | ||
| I heard at Golden Gate Park what Billy Strings is going to open, is going to open. | ||
| There's 400,000 people heading there. | ||
| This is like the electric Kool-Aid acid test. | ||
| Anyway, short commercial break. | ||
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unidentified
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joe allen on the other side Here's your host, Stephen K. Matt. | |
| So with everything going, everything else going on today, we're going to get to that because there's a lot. | ||
| We've got to get to this because there's been a signal sent to us in the last 24 hours. | ||
| And this is not Elon. | ||
| First of all, all these people are freaks. | ||
| Okay? | ||
| They've been, throughout mankind's recorded history, they've been two things. | ||
| Gold's been a hedge, and these people have been social outcast. | ||
| Go back and read any history you want. | ||
| They've been social outcasts. | ||
| Now they're essentially running things because they're doing things that may be irreversible. | ||
| And this is not Elon Musk, who's all, remember, his whole concept is to sprinkle pixie dust on something, right? | ||
| If Tesla's going to, it's going to be the change everything with cars when that doesn't work out and the cyber trucks doesn't sell, he sprinkles more pixie dust. | ||
| It's going to be something else. | ||
| We're going to go to the, we're going to go to the moon. | ||
| We're going to expand human consciousness. | ||
| It's pixie dust. | ||
| You know, he's a P.T. Barnum. | ||
| He's a promoter. | ||
| Look, don't get me wrong, great engineer has done some extraordinary things, but at heart, he's a promoter. | ||
| These other two guys, as screwed up as they are, haven't traditionally been too, but Zuckerberg more so, but Altman not. | ||
| Let's play. | ||
| Have we cut it yet? | ||
| We will have it. | ||
| If we don't, we'll get to it in a moment. | ||
| Okay, let's go ahead and play it. | ||
| I want to play that recut. | ||
| Your thing was brilliant, particularly the way you put in, was that the Heavensgate cult that you intercut it with, Joe Allen? | ||
| Marshall Applewhite, I think Marshall Applewhite will stand as a symbol of American novelty and also a warning for what happens when you drink the Kool-Aid. | ||
| Without a doubt, it would appear that Altman and Zuckerberg and Schmidt have drank the Kool-Aid. | ||
| They believe this super intelligence is incoming. | ||
| It is an alien intelligence. | ||
| They're literally talking about a being smarter than every human on earth, and they're directing the public's attention to this as the new authority on what is and isn't true, what is and isn't good. | ||
| What's most shocking, too, is they have the exact same, I mean, it's just the same resemblance, the same blank look, the same devoid of humanity when they addressed you. | ||
| When we reported on Zuckerberg, you brought up a great point that he had to have had a marketing team put all that together and coach him through the whole thing. | ||
| Altman would have had the same. | ||
| I think we've cracked the code. | ||
| I'm pretty certain that they were looking at those old Heaven's Gate videos and they're like, this worked. | ||
| Maybe it can work on millions or even billions. | ||
| Okay, well, hang on. | ||
| We've recut the video. | ||
| So let's just see Altman. | ||
| And this has taken place in the last 24 hours, correct? | ||
| The Altman video just surfaced yesterday. | ||
| I can't find the source on it. | ||
| It surfaced on Reddit, but I believe it's addressing Norway. | ||
| The context indicates is a video addressing Norway, trying to get them on board probably the Project Stargate expansion and to believe that super intelligence is coming. | ||
| So there's a message coming from these two guys. | ||
| Let's go ahead and play it. | ||
| We are building something profound. | ||
| This is a kind of brain for the world. | ||
| It'll be personal, adaptable. | ||
| It'll be easy to use. | ||
| It'll give people incredible superpowers that were sort of science fiction only a couple of years ago. | ||
| I think an even more meaningful impact in our lives is going to come from everyone having a personal superintelligence that helps you achieve your goals, create what you want to see in the world, be a better friend, and grow to become the person that you aspire to be. | ||
| I want to talk about our new effort, Meta Superintelligence Labs, and our vision to build personal superintelligence for everyone. | ||
| So now we're starting to look ahead to superintelligence. | ||
| And even more than before, our focus must be on wide and fair access. | ||
| I think that personal devices like glasses that can see what we see, hear what we hear, and interact with us throughout the day are going to become our main computing devices. | ||
| Kind of brain for the world. | ||
| It'll be personal, adaptable, it'll be easy to use. | ||
| It'll give people incredible superpowers that were sort of science fiction only a couple of years ago. | ||
| This is artificial general intelligence is the combination of all of it. | ||
| It's the ultimate goal here. | ||
| That is what they consider the singularity. | ||
| And now they are directly tying it back to you personally, that you're going to have, it's not going to be some macro, just governments, intelligence services. | ||
| The selling point is, no, you're going to have it. | ||
| Like you have an automobile, you have a refrigerator. | ||
| They're selling these like they sold TVs back in the 1950s and 60s. | ||
| You can tell that they're quite nervous about overall acceptance of this from the humans, right? | ||
| So now they're going to sell you on the fact that the super intelligence is going to bring out all your latent superpowers, Joe Allen. | ||
| Well, if you look at what's happening right now, Meta has long been behind on artificial intelligence. | ||
| They were big promoters of open sourcing. | ||
| Their model Llama is one of the most downloaded open sourced AIs there is. | ||
| But their chief AI scientist, Jan Lacun, he always poo-pooed the idea that AGI is coming. | ||
| It's impossible that it's going to come by way of LLMs. | ||
| You can't just keep building bigger and bigger data centers, he said, to make bigger AIs to create AGI. | ||
| It had to be some other method. | ||
| Well, Zuckerberg, watching all these frontier AI models rocket ahead of him, decided that he would begin his superintelligence labs. | ||
| He brought on Andrew or Alexander Wang, who was previously at Scale AI, the billionaire boy genius, to run the super intelligence labs. | ||
| And I think that Zuckerberg right now is in the sales phase. | ||
| He's saying our company, along with having 3.5 billion users, along with already having people who are addicted to these AI companions, along with the steadily increasing usage of these bizarre self-surveillance glasses that watch everything that you watch and hear everything that you hear, that they, Meta, will be able to create this big G god in a box. | ||
| I don't say that flippantly either. | ||
| When I say that they're talking about creating little G gods with artificial general intelligence and big G gods with super intelligence, I mean exactly that. | ||
| How else are you to interpret some being to which everyone turns for the truth and which is in everyone's hand or on everyone's foreheads? | ||
| We're going to have, look, they're summoning the demon. | ||
| Let me be blunt. | ||
| They're summoning the demon. | ||
| And you got Palantir with the surveillance. | ||
| You got the health with the data. | ||
| We got to get. | ||
| So, Joe, here's what I want to do. | ||
| I want to have you go back to work. | ||
| You're going to come back and join me in the five to seven hour. | ||
| And I'm going to do some work this afternoon. | ||
| And you and I are going to put our heads together. | ||
| And we're going to be a little, we're going to be even more sharply focused on this this evening because there is a lot going on here and a lot of it is not great. | ||
| Just a lot of it's not great. | ||
| If you have, if we're, if we achieve artificial general intelligence, I don't know, next hundred days, next six months, the world is not ready for that. | ||
| Societal structures are not ready for that. | ||
| Just not ready for it. | ||
| And if they're not ready for it, trust me, it will be put to bad use. | ||
| Joe Allen, where do people get you in the interim? | ||
| Your social media, all of it? | ||
| Social media at J-O-E-B-O-T-X-Y-Z, website, joebot.xyz. | ||
| And in about an hour and a half, if the audience is interested, the AI and Faith Summit, I'll be answering the questions: is AI the will of God, the work of the devil, or the mere tinkering of man? | ||
| Yeah, that's going to be, you're going to go on at noon. | ||
| We're going to stream that. | ||
| So Grace and Mo, I think, are on that AI and Faith. | ||
| We're going to have all that, Joe, with your talk and your QA. | ||
| So we look forward to seeing it. | ||
| That's at 12 noon, basically, sir? | ||
| 1240, yes. | ||
| 12.40. | ||
| Perfect. | ||
| So two hours from now. | ||
| Okay, great. | ||
| We'll be on top of it. | ||
| And then I'll talk to you this afternoon. | ||
| Joe Allen. | ||
| Thank you, Steve. | ||
| James O'Keefe has warned us, as he's done so so many times with this undercover, his undercover investigations. | ||
| Let's go play. | ||
| We got an opening video from James, and we'll bring James O'Keefe in. | ||
|
unidentified
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Do you know when the ICE raids are going to happen? | |
| Yeah. | ||
| And so my organization runs a couple of databases where we can see like ICE trends, like where they're keeping people, where are they like moving people around? | ||
|
unidentified
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We like to keep track of everything that's happening with ICE. | |
| As much as information SO give us, sometimes those are kind of like suitable to get information. | ||
| Who's your main donor? | ||
| It's usually our out-asin' like with the foundation or Bezos or like some of these like huge co-opticas who like have millions of dollars. | ||
| And Vera is proud of their work. | ||
| Santiago Muque candidly shared how Vera created notification systems to alert illegals of ICE agents and impending raids. | ||
| These organizations, at worst, they could be setting up ICE officers to be put into dangerous situations where they are harmed. | ||
| James O'Keefe joins us. | ||
| James, is this one of the reasons we're struggling a little bit to do the mass to kick into the mass deportation part of this now that we have $170 billion and a supply chain logistics system being built? | ||
| Is this the NGOs with databases and a lot of funding that are essentially thwarting the will of the American people, sir? | ||
| Hey, Steve, good to be with you. | ||
| Yes, this appears to be a violation of federal law, specifically Title VIII, U.S. Code 1374. | ||
| And I think the key quote from this guy who works for a nonprofit is he says, quote, if you see someone from ICE, you can text the group and it'll go on a website and illegal aliens can avoid the area, unquote. | ||
| So they're actually deploying alert systems to notify them of approaching ICE raid. | ||
| Now, they're going to say, well, they're just informing people, but that's the issue. | ||
| It's an obstruction of justice issue. | ||
| And what's also interesting, Steve, is that he actually names donors. | ||
| And he says, Bezos and Gates. | ||
| We looked at their 990 tax return. | ||
| It doesn't say a name on there, but it's $188 million from one person to this nonprofit. | ||
| But it's rare that you actually get to see that admission where they're actually creating notifications for illegal immigrants. | ||
| What's disturbing also, I mean, it was very sophisticated. | ||
| He said they had eight separate databases they could check immediately and put out alerts. | ||
| Is that come from their ability to people giving them $180 million so they have that type of capital investment? | ||
| They can get access to those databases. | ||
| Yes, what's also disturbing, and I didn't know this, Steve, but he admits that the government had given him money. | ||
| And in 2023, they got $350 million from health and human services. | ||
| $350 million. | ||
| The United States government is funding, or was funding this, 171, excuse me, from Department of Health and Human Services. | ||
| So now they're getting funding from, we believe it's Mackenzie Bezos, not Jeff Bezos, Bezos' ex-wife, after that divorce. | ||
| She got a lot of capital to go fund this. | ||
| But what's specifically outrageous about this is they're actually, they have texting groups and notification systems. | ||
| And then this is new too. | ||
| The DOJ has issued a statement. | ||
| The DHS has issued a statement saying that they're going to prosecute Steve. | ||
| We'll see. | ||
| But we've got a statement from the White House, DOJ, and DHS saying they are going to, quote, take action. | ||
| Their ICE law enforcement already faces 800% increase in assaults against them after what's happening, shielding criminals from justice. | ||
| Are you, have they debriefed? | ||
| Is either DOJ or DHS debriefed your investigative reporter yet for all the details? | ||
| I mean, are you guys being, is your material being used to actually correct this? | ||
| This is a statement from DHS. | ||
| I would love that, by the way. | ||
| I hope for that. | ||
| It's rare that we get a statement from the White House, Department of Justice, and DHS, but they said, quote, our brave, this is last night, our brave ICE officers are getting the worst of the worst. | ||
| By telegraphing operations, not only are they shielding criminals from justice, they're putting our law enforcement in harm's way as they target highly sophisticated gangs. | ||
| Our ICE law enforcement already faces 800% in assaults against them. | ||
| We are going to take action. | ||
| So this appears to be obstruction of justice. | ||
| They're saying they're informing. | ||
| They have a First Amendment right to inform, but this kind of may cross that legal line, Steve. | ||
| And, you know, I know your audience feels this way. | ||
| My audience is pissed off. | ||
| I keep reporting this stuff. | ||
| I report every undercover port every week. | ||
| I'll have one next week, but no one is arrested or ever held accountable. | ||
| So certainly that's the issue. | ||
| I don't have the power to arrest anybody. | ||
| But I hope. | ||
| Hang on. | ||
| Yeah. | ||
| Just stick around for a second because the audience is already all over this. | ||
| Because we've got to pivot to the mass deportation phase. | ||
| And this is absolutely obstruction of federal law. | ||
| Right? | ||
| Short commercial break. | ||
| Jerry Garcia will take us out. | ||
| James O'Keefe will bring us back in in a moment. | ||
|
unidentified
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Maybe the fate of Ophelia. | |
| Sleeping and patents. | ||
| Here's your host, Stephen K. Max. | ||
| So, James, James, I got you staying over because you're one of the great warriors. | ||
| I mean, come on, man. | ||
| You do the best investigative work out there. | ||
| This is not a small thing. | ||
| This is a huge thing. | ||
| It shows you that these NGOs, backed by these oligarch billionaires, oh, did I mention that these are the people in back of AI too? | ||
| Folks, I'm going to guarantee you one thing. | ||
| This jobs report, and particularly the recasting, is very much tied to artificial intelligence. | ||
| Now, a lot of people are maybe going to try to spin it. | ||
| Oh, it's not. | ||
| You can see these great earnings reports and no job creation. | ||
| You're going to hear this restatement. | ||
| This AI is literally out of control. | ||
| You're summoning the demon. | ||
| And here you've got a situation where you have all these databases. | ||
| You have these NGOs. | ||
| You see the guy in the video, another bad ombre, right? | ||
| And they're kind of laughing at you. | ||
| They're laughing in your face because it's had these oligarch billionaires or the divorced wives of the billionaires, the oligarchs. | ||
| They're putting in hundreds of millions of dollars to make sure that illegal alien invaders are not mass deport. | ||
| And let's be honest, the mass deportations, we're kind of hung up right now. | ||
| We're still getting bad ombres out, but they're throwing up every legal challenge, and we haven't pivoted hard to the 10 to 20 million that got to go. | ||
| If they don't go, we don't have a country. | ||
| We can build all the walls we want. | ||
| We can stop them all from coming in. | ||
| And that's been extraordinary, what President Trump has done. | ||
| But you have to have mass deportations. | ||
| And James O'Keefe, you are basically telling the Justice Department and DHS, we're not going to have mass deportations until this problem's taken care of, right? | ||
| This has got that, we can't mess around with this. | ||
| You got to be, and you're in D.C., you should be over there being interviewed by these people right now and your investigative reporter. | ||
| All the footage, all the footage. | ||
| And then they should go in and bust this thing up. | ||
| That guy in that video should be arrested this afternoon and his superiors and the people that wrote him a check. | ||
| They ought to go perp walk. | ||
| If it's Bezos' divorced wife, McKinsey, they got to go perp, you know, she's in between husbands right now. | ||
|
unidentified
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They got to go perp walk her, sir. | |
| Well, I'm in D.C. right now, Steve, about to meet with a cabinet-level official on another story I'm dropping very soon. | ||
| And I hope the DOJ prosecutes that guy. | ||
| But the direct quote I want to reiterate to your audience, quote, this is from an NGO director who has now deleted his LinkedIn and his ex account. | ||
| Quote, if you see someone from ICE, you can text the group and it'll go on a website so that illegals can avoid the area. | ||
| That seems to be way beyond informing. | ||
| That seems to go to obstruction. | ||
| And the NGO, the nonprofit, denies that they're doing that. | ||
| He says they're doing it. | ||
| So now he's deleted all of his social media accounts. | ||
| The DHS has said they're going to take action, quote unquote. | ||
| I don't know what that means, but people need to be arrested, Steve Bannon. | ||
| I've been arrested multiple times. | ||
| You've been arrested. | ||
| It seems like they always arrest the people who are reporting on this stuff, not the people who are doing it. | ||
|
unidentified
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Yep. | |
| Well, between this and all the revelations coming out on the Tulsi Gabbard treasonous conspiracy, which they're manifold, we're going to get to that in the next hour. | ||
| O'Keefe, you're a warrior. | ||
| I will make sure as soon as I'm off the show, the people, the contacts I have, you've got to be talked to, interviewed. | ||
| This thing with the NGOs and being supported, this is a direct thwarting of the will of the American people, what they voted for. | ||
| This is anti-democratic and it's got to be stopped. | ||
| James, all your different investigations. | ||
| Go ahead. | ||
| Where do people go to contact you? | ||
| Where do they contact you? | ||
| Where the social media, your website for O'Keeffe Media Group? | ||
| Where do they go? | ||
| OMGO'KeefMedia Group.com. | ||
| We're also a nonprofit, but there's our number on the website. | ||
| Contact us. | ||
| And Steve, I promise we're working on some major things right now at various agencies, including the IRS and other agencies. | ||
| And if people don't get arrested, I'm going to start investigating the people who are refusing to arrest these people because I've got some stuff that's insane. | ||
| I'm in D.C., Steve. | ||
| So if you have contacts for me to meet with, message me offline. | ||
| I'd love to get some accountability going. | ||
| Yeah, no, I'm going to call you as soon as the, let me catch my breath as soon as the show is over. | ||
| And I'm going to call you because, you know, you're not too far. | ||
| You're not too far wrong there. | ||
| We need to see movement now. | ||
| When you deliver the type of things you're delivering right there, which shows you there's a cabal Of oligarchs and their cash with these NGOs. | ||
| And look, the NGOs, and you mentioned, took the government money during Biden's time and worked. | ||
| Part of it worked to suppress the free media. | ||
| The rest of it worked to exacerbate and work with this invasion of the country. | ||
| We would have never had 10 to 20 million people in here if the NGOs weren't a major part of it. | ||
| They're just working the other side of the street right now. | ||
| They're still doing the same thing. | ||
| They're trying to protect. | ||
| Here's the folks. | ||
| They think they can wait us out. | ||
| They said, yeah, Trump won. | ||
| He came back. | ||
| It was great. | ||
| He did some stuff. | ||
| But they're going to wait us out. | ||
| Their whole point is to wait us out. | ||
| And that's how they're going to deal with these NGOs. | ||
| So this is a huge thing. | ||
| It's got to be addressed. | ||
| And you're absolutely correct. | ||
| If people are going to take action on things, then they have to be held accountable. | ||
| We've got to hold people accountable. | ||
| They're in positions of power and can do things. | ||
| So, James, thank you so much for doing it. | ||
| Your investigative work is always top level and cuts to the heart of the matter. | ||
| So thank you, sir. | ||
| From one warrior to another. | ||
| Thank you, Steve. | ||
| Thank you, brother. | ||
| Appreciate you. | ||
| We don't need statements. | ||
| What you need to do is get O'Keefe and the reporter in with all the footage. | ||
| See it all. | ||
| And then let's go roll. | ||
| First of all, they go kick down the door of wherever this place is. | ||
| Have the reporter, yeah, this is what I'm going to boom, kick down the door, put them all, cuff them all, take them down, throw them in a paddy wagon, take them down, you know, take them downtown, book them, let them stay down in the, you know, go, if it's in New York, let them stay in the tombs for a couple of nights and then figure it out. | ||
| It's not going to stop until you make it stop. | ||
| You can't play nice with these people. | ||
| You see what they're doing right there? | ||
| And remember, these databases, they want to dox the ICE officers. | ||
| This is one of the reasons it's very tough to recruit for customs and borders, very tough to recruit for ICE, because they want to threaten these people's lives and their children's lives and their homes. | ||
| All of it. | ||
| This is why you have to be masked if you're an ICE officer. | ||
| There is a massive, massive resistance to this. | ||
| And it's funded by the same groups that are funding Mom Danny in New York City. | ||
| It's that green, it's the Marxists and radical jihadists. | ||
| And here you have these billionaires or the ex-spouses of billionaires can't figure out, you know, they've run through a couple of boy toys, so now they want to be social justice warriors and they're going to write big checks and support this. | ||
| Crap. | ||
| Go in and tear it down immediately and arrest them, put them in jail. | ||
| If you want to stop it, let's stop it. | ||
| I don't need a statement. | ||
| Let's just go do it. | ||
|
unidentified
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Action, action, action. | |
| A lot of action down in Texas, action on recess, action on rescissions, the three R's, everything's grinding. | ||
| Right? | ||
| Understand, President, they put another 10 to be nominated. | ||
| I'm not sure that's good enough. | ||
| Just call recess and let President Trump do recess appointments. | ||
| We're going to have E.J. Antonio here on the math. | ||
| We're going to have Senator Tuberville's going to join us. | ||
| I think we're trying to get Senator Mike Lee. | ||
| We've got a special guest from Brazil. | ||
| We're making it up as we go along on the commemoration. |
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