Oct. 15, 2025 - Bannon's War Room
48:55
Participants
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| Speaker | Time | Text |
|---|---|---|
| This is the primal scream of a dying regime. | ||
| Pray for our enemies. | ||
| Because we're going medieval on this people. | ||
| I got a free shot on all these networks lying about the people. | ||
| The people have had a belly full of it. | ||
| I know you don't like hearing that. | ||
| I know you'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. | ||
| Warum. | ||
| He was your host. | ||
|
unidentified
|
Stephen K. Bann. | |
| I get Philip Patrick joins me. | ||
| There's two things I want to address with you, Philip. | ||
| Because folks were at an inflection point. | ||
| Oh, Philip's not here yet. | ||
| He's not. | ||
| Oh, do are we getting him up? | ||
| 11 o'clock was a call, the call sheet. | ||
| I know they're working the trading desk at Birch Gold. | ||
| Um, I asked Philip to come on, and normally we don't get for Philip in the morning show because they're on West Coast time and they're trading off in New York time and London time. | ||
| And um, but something, as we addressed a couple of Saturdays ago here, something fundamentally has happened, and you're seeing the convergence now of two major um major events. | ||
| And it's very important for this audience, I think, to understand both and see how they converge. | ||
| Uh, number one, there's G so gold's always been a hedge, as we've told you and through the end of the dollar empire. | ||
| And we're very proud of this work. | ||
| Because we started this work, I don't know, four or five years ago and thinking about it. | ||
| Well, for a long time thinking about it, but this is why we never had a gold uh a sponsor that was in gold. | ||
| Because I I always was, I was not a gold bug. | ||
| I came in investment banking at a Harvard Business School in Goldman Sachs back in the 80s. | ||
| The the Harvard at that time was the West Point of globalization. | ||
| They had two two uh theological beliefs that they stamped you in, uh, and there was no variance, right? | ||
| Number one was the maximization of shareholder value. | ||
| That was all one we're supposed to think about, the maximization of shareholder value, nothing else mattered. | ||
| And the other was globalization. | ||
| Michael Porter was one of my professors there. | ||
| He was the great competitive advantage, comparative advantage, these these seminal works in the 1980s that really drove a generation or almost two generations of business school right when right when management, Harvard Business School was set up really at the turn of the century, | ||
| the genius, you know, the brilliance of the folks in the late 19th century, keep talking about it manifest destiny, and then the war understand understood that the industrial revolution, you needed management techniques that had were very mathematical and were able to you you were you needed to control things. | ||
| You needed to control the manufacturing process, you needed to control production. | ||
| You and you need to do that through analytics. | ||
| Um accounting, to give you an example. | ||
| You don't need any financial background or no accounting background to go to Harvard Business School. | ||
| In fact, they actually like it if you don't. | ||
| They they want poets, they want they want people, it's all about kind of IQ and drive, to be honest with you about how they select it through the GMATs and your grades and and all that. | ||
| But the accounting course um is not called accounting, it's called control. | ||
| And I said, What is this about? | ||
| And they said, because the whole process, the whole process is to teach you how to you're gonna be a master of the universe. | ||
| It's all about how you control the modern um the modern industrial economy. | ||
| So in that, and Philip Patrick, he's a investment banker. | ||
| Ray Dalio is a private equity investment banker. | ||
| Um Jamie Diamond uh was uh has been a hammer on Wall Street for decade after decade after decade now runs his his ultimate dream was to run JP Morgan, which he came to because he wasn't, he didn't get he didn't come through kind of the white shoe. | ||
| He's kind of a scrapper. | ||
| Uh and he's classed himself up recently and trying to be uh you know a financial guru, but he was a guy that was really brought in to cut cost. | ||
| Um, and he's definitely not a gold bug. | ||
| I mean, he he's always made the comment that it's it's not rational to even have this in your portfolio as a hedge. | ||
| Um that was kind of the mindset of the age of globalization in the 80s and the 90s. | ||
| It was what Keynes called it a relic of ancient times. | ||
| In fact, he basically called it a dangerous relic of ancient times. | ||
| And that was the mindset whether you were conservative, whether you believe in Milton Friedman, or you know, you you believed in um in Keynes or you meet uh believed in modern the financialization of the American economy, which is what globalization led to. | ||
| Um that's changed. | ||
| Philip Patrick nailed it on this for two things Philip Patrick has done and the guys at Birchgold have done that I think are incredible and very smart, and this is why when they come on the show, you get a perspective on this, you don't get anywhere else. | ||
| Number one, they actually went to Rio de Janeiro, right? | ||
| To the to the BRICS conference, and they saw there exactly what the game's gonna be. | ||
| The game is gonna tie, it's about dedollarization, is about they think that first of all, they think the West and the elites in the West are irresponsible, and we're basically doing a rolling devaluation of our currencies, and we've also weaponized the currency, so now we can we can have the little bit of control we can have, | ||
| we can have off of the Swift system where every every trade, every transaction they do is monitored and can't be stopped, and also the dollar, everything has to be converted in dollars, and and of course, Lula and uh and Putin uh and all these, but the head guys, the Chinese Communist Party realized to take down the American Empire the way you have to do it, is to do it through the dollar. | ||
| The other part, and they said, hey, this is this is all gonna happen, right? | ||
| That you can see deal, you see these side deals, these bilat trade deals where you're not gonna you're not gonna convert into dollars. | ||
| And in fact, the countries will actually take the risk and figure out how to hedge the risk, and they'll hedge it by their central banks buying, wait for it, gold. | ||
| The second part, uh the the second part was he came on here and he said, Look, traditionally, and we talk about all the time, it's been a hedge for 5,000 years. | ||
| There's something changing, that it's now actually getting back to the to the 19th century, where it was actually still considered a financial asset, a major financial asset that wait for it because of the war in Ukraine and the uh European economies not having the ability to finance the war in Ukraine because they came and finance their own militaries. | ||
| This is why President Trump has hammered them for years to get to the 2% and then to get to the 5% of GDP for paying for it, at which they all lie and spin. | ||
| You remember they came here and sat in the Oval Office, and they're gonna do this and they're gonna do that, and they're gonna do all this stuff. | ||
| And I said in the show, they're all broke. | ||
| It's all happy talk. | ||
| Well, guess what? | ||
| Weeks later, two months later, they're all broke, and it's not happening. | ||
| However, they got their hands on 350 or 380 billion dollars of the Russian people's assets. | ||
| So they're gonna do something we didn't do to Hitler. | ||
| They're gonna in the Nazi regime, what we didn't do to Mussolini and the fascists, we didn't do to Imperial Japan, we didn't do to the Bolsheviks, we didn't do to the Soviets, we didn't do to the Chinese Communist Party, all these all these uh monsters that have roamed the earth for the bloodiest century of mankind's history, the 20th century, the short 20th century from 1914 to 1989. | ||
| We're not gonna do that. | ||
| We're actually gonna steal the Russian people's assets, and we're gonna use that to pay for the Ukraine war. | ||
| Well, it turns out that all those are basically in European banks, and they're all in Euros. | ||
| And Philip Patrick said, you know what? | ||
| I think a guy we had Birch Gold said this is not only it's a hedge, but it's going to something different. | ||
| It's actually now going to be in the ranks of financial assets and central banks and money center banks are going to think about this very differently. | ||
| And when they do that and they start figuring out what in their asset class they have to have, things are going to change. | ||
| You had the geopolitical risk. | ||
| President Trump is put out of fire. | ||
| And this is why I say the Middle East is a sideshow and Israel is a sideshow to a sideshow. | ||
| If you see what's happening in the world today and what is going to affect this country and what's going to affect you and your community and your children and grandchildren, it ain't coming out of the Middle East. | ||
| And don't get me wrong, President Trump's right, still 3,000 years a cockpit of those folks at each other's throats. | ||
| And even goes beyond religion, right? | ||
| The central part is what's happening in the Eurasian landmass and what's happening in the global financial markets about the finance that we have 380 uh what is it 380 trillion dollars? | ||
| I think 350, let me round down 350 trillion dollars of debt at every level, from credit card debt to student loans to the United Nations and all the stuff in Geneva and the countries, the United States, Russia, China, add it all up. | ||
| Everything junk bonds, private debt, all of it. | ||
| $350 trillion. | ||
| And I keep saying to Philip Patrick keeps saying it, that is a lot. | ||
| That is a highly leveraged. | ||
| The world is a leverage buyout. | ||
| And if the world doesn't hit his business plan, and it ain't hitting its business model right now. | ||
| God bless AI, it is not hitting his business model. | ||
| So eventually you're gonna have a margin call. | ||
| And what does that mean? | ||
| You got to put a little something under the debt. | ||
| Well, what's the something? | ||
| We're gonna print more money, we're printing it as fast as you can. | ||
| No, they're gonna want like, no, we want real assets underneath this, or the debt's gonna come crashing down. | ||
| And uh Bob's your uncle, you're gonna have something that's so much worse than the Great Depression. | ||
| And remember, go back to your parents or your grandparents and think of what formed them as people, particularly if it's your grandparents are a certain age. | ||
| It's not World War II, it was the Great Depression. | ||
| It left an indelible stamp. | ||
| If those kids were, you know, eight, nine, ten years old, all the way up to their teens, they remember what America looked like in 1932 when Roosevelt came in and you had 25% unemployment. | ||
| And remember all the stuff in the Great Depression, all the stuff in the FDR, they were throwing stuff up, they had you know, CCC, and they had, you know, they were doing the uh job training, and they were you know trying to make sure everybody's wages came up, they were flooding the market with with cash and trying to get everything up by 1938, folks. | ||
| And this is why he tried to rig the Supreme Court, nothing had worked. | ||
| They were essentially by 38, kind of back where they started, a little bit better, but they all came to the conclusion. | ||
| Hey, kind of the way you get out of this is kind of the way Germany got out of this. | ||
| Because Germany was the basket case, and now all of a sudden their economy's on fire. | ||
| How'd they do that? | ||
| Hitler just said, screw everybody, we're gonna rearm. | ||
| And eventually I'm gonna use those arms. | ||
| So we're gonna re-arm first. | ||
| And that's what happened in late 1930s. | ||
| You started growing the army, you started building a navy, you started getting ready for a war they knew was coming. | ||
| And why did they know that war was coming? | ||
| Because we were in a negative feedback loop on the global economy. | ||
| And you had to punch the reset. | ||
| And what better way to punch a reset? | ||
| If you study the four the four turnings, what better way to hit a reset? | ||
| A global conflict. | ||
| And that's why today I've said we're in the beginning of the kinetic part of the third world war. | ||
| We've already passed the political part. | ||
| You see that in this Friday, and this Friday in in Washington, D.C., in the Oval Office, Zelinski's coming. | ||
| He's got a menu and a plan. | ||
| Just give me offensive, give me tomahawks. | ||
| Let me strike them deep. | ||
| Let me get to Moscow. | ||
| Let me get to St. Petersburg. | ||
| Let me hit them where they live. | ||
| Let me hit the criminal and Putin, they ain't that tough. | ||
| And if I can hit them and I got those weapons, the whole dynamic of the Ukrainian war will it will change. | ||
| We got 2.8 million debt or one that they're already. | ||
| That's that dwarfs anything in World War II for the for that same period. | ||
| Dwarfs it. | ||
| But even more importantly than that, and make sure if you take anything away from this morning's show, you take this away. | ||
| The Chinese Communist Party is kind of the same shape that Roosevelt and the guys were in the late 1930s. | ||
| They've tried everything, they've thrown everything in, and it's not working. | ||
| And America trying to get its its commercial relationships right and trade relationships right and trying to bring those manufacturing jobs that the Wall Street and the tech oligarchs sent over there. | ||
| They've gone full-scale economic war. | ||
| They've said, hey, we're putting restrictions on everything to every country because we don't want it to get to America. | ||
| And on top of that, you guys have sold us the rare earth processing because your your corporatists are so greedy, they'll sell out the country. | ||
| They'll actually do what Lenin said. | ||
| What did Lenin say? | ||
| The capitalists will sell us the rope in which we will hang them. | ||
| That's what rare earths are. | ||
| And she knows this. | ||
| These people are smart, they're tough, they're strategic, and they're pure evil. | ||
| And they hate this country. | ||
| And they are now at a full-scale economic war with the United States of America. | ||
| An economic war, folks, I'm telling you. | ||
| We can win it if we use every tool in the toolbox. | ||
| But in winning it, it's also going to make people around the world go, well, hang on. | ||
| The way these guys win it is through their own economic process, particularly around their dollar. | ||
| And around this whole system of how money transfers. | ||
| It will only drive, it will only drive the interest in gold. | ||
| I'm not here to hog gold of you. | ||
| I'm here to tell you reality. | ||
| You make your own decisions. | ||
| But now you need to do your own work. | ||
| Birch Gold's provided the information, and we're going to provide more. | ||
| But this is something you need to do for your family, for your country, for your community. | ||
| You need to understand it. | ||
| You need to understand it exactly where we are today, and don't listen to any of the happy talk that's out there. | ||
| We're in it now. | ||
| We're in the third world war. | ||
| The economic part of it, the political part of it, the kinetic part of it. | ||
|
unidentified
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Philip Patrick joins us next in the world. | |
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| Okay, if you like geopolitics, capital markets, national security, all of it. | ||
| And we're not here to make sure you're the smartest person to barbecue, or sitting in the stands watching uh watching Little League or the kids play sports, although you will be. | ||
| It's really to make sure that you have the information that you need to be at the tip of the spear of the MAGA movement, full stop, which made you guys so powerful. | ||
| Jim Burkert, it's one of our contributors. | ||
| Great guy. | ||
| So we set up a homepage, Rickards War Room.com. | ||
| Go there, you get access to strategic intelligence, which is his newsletter read by chairman CEO, hedge fund managers all over the world. | ||
| It's got this concept or construct called predictive analytics. | ||
| You'll find out all about it. | ||
| Go check it out today. | ||
| And he'll throw in a free book on uh fiat currency and AI. | ||
| Pretty timely. | ||
| Also, uh our sponsors and partners at Birch Gold, Birch Gold.com, promo code Bannon, the end of the dollar empire, and you get access to Philip Patrick. | ||
| And you're gonna have access to Philip Patrick right now. | ||
| Philip, your thoughts about my uh monologue, sir. | ||
| I thought it was uh one of the best uh monologues or overviews as to the current situation and why people should should be looking at this. | ||
| And as you say, it isn't whether they buy or not, it's understanding what's driving gold up. | ||
| And I think having that understanding is power, it lets people make the right decisions. | ||
| But I I thought that was one of the best monologues I've I've had in a while. | ||
| I was worried I was gonna have to follow that, so I'm glad we had a break in between. | ||
| No, no, no, no. | ||
| But but one of the things we talk about, and this is why I think if you go back and I'll get that clip and play it. | ||
| When when Philip came on here, first off, he they went to Rio. | ||
| That was huge, and they understood what the bricks were doing, as nobody else did. | ||
| Number two, when you came back and said we got to talk about the asset shifting in the center of the central banks and the money center banks, right? | ||
| We need to do that. | ||
| Uh and we talked about that a couple of Saturdays ago, and that had a profound impact, I think, on the audience. | ||
| And you can see what's happening in the markets. | ||
| I mean, when you're blown through 4,000, 4100, 4200, there's something going on. | ||
| And and people, a lot of people are saying, hey, did I miss it? | ||
| You know, I should have listened to Philip Patrick and Bannon years ago when it was eleven hundred dollars. | ||
| I didn't, I missed it. | ||
| I keep telling people, don't think it that way. | ||
| Understand the process, understand what's driving value here. | ||
| Understand how everything we talk about here, both internally To the country, right? | ||
| And particularly externally, what President Trump's trying to do to bring peace and prosperity. | ||
| If you can connect those dots, you'll make your own, you'll come to your own conclusions, and that's what we're trying to do here. | ||
| Let me play this clip. | ||
| I want because here's one of the things that big things have like Philip and I talked about. | ||
| We come out of investment banking, gold wasn't even considered back in the 80s and 90s. | ||
| Um in the double odds. | ||
| The um Ray Dalio and Jamie Diamond are not fans of gold. | ||
| Uh Ray Dalio is saying, hey, load up, and Jamie. | ||
| Let's play it's a short clip from the chairman and CEO of the most powerful uh bank in the country that's not the Federal Reserve. | ||
| That'd be JP Morgan. | ||
| Let's hear uh let's hear Jamie Diamond. | ||
|
unidentified
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So gold. | |
| Overvalued or undervalued. | ||
| I don't know. | ||
| I mean, uh I'm not a gold buyer, it costs 4% to own it. | ||
| It could easily go to 5,000 or 10,000 in environments like this. | ||
| This is one of the few times in my life I said it's semi-rational to have some of your portfolio. | ||
| This is the first time in my life, it's semi-rational to have in your portfolio. | ||
| Uh, that's a bit slap, by the way. | ||
| Right. | ||
| He he hates gold. | ||
| JP more, all these guys do, right? | ||
| Although the original JP Morgan liked it a lot. | ||
| Um talk to me about that. | ||
| The 4%, by the way, is for billionaires that are buying massive amounts of bullion. | ||
| You don't have 4% carrying cost. | ||
| Um, but he said at the end, this is the first time it's become semi-rational because he's one of the guys that's mocked it forever. | ||
| And then he throws out that you could go to 5,000, 10,000. | ||
| I don't know, right? | ||
| Uh your interpretation of your interpretation of that, Philip Patrick. | ||
| Yeah, I mean, first of all, as you know, and you point out the fact that Jamie Diamond's talking about gold at all is quite incredible. | ||
| This sort of rhetoric a few years ago was unimaginable from mainstream money managers, and it was reserved for the sort of fringe survivalist tinfoil hat types. | ||
| Uh but Jamie, Jamie Diamond's saying it could easily go in very blasé to five or ten thousand dollars an ounce in environments like this. | ||
| It's incredibly telling. | ||
| He also went on to say, by the way, asset prices are kind of high. | ||
| Uh, and in the back of my mind, he said it cuts across everything at this point. | ||
| But let's think about who this is. | ||
| This is the CEO of JP Morgan, the single biggest bank in the United States, which by the way, makes its money from funding the very deals that are driving asset prices up. | ||
| JP Morgan doesn't make money when investors buy gold. | ||
| So this isn't giant Diamond sort of talking his book. | ||
| This is something much deeper. | ||
| And he's not alone. | ||
| Uh, Ken Griffith, uh Citadel billionaire head fund manager said that you know he was starting to view gold, or the world was starting to view gold as safer than the dollar, and saying that was a very concerning development. | ||
| Same with Taleb, as we mentioned about a month ago. | ||
| He went on Bloomberg and said, you know, the dollar's losing its global reserve currency status. | ||
| Dalio, you mentioned as well. | ||
| Um, you know, we've got to remember government debt used to be viewed as the safest place on earth to hold money, and it's no longer being viewed that at all. | ||
| And it's no surprise why. | ||
| Global debt levels, not just here in the United States, over 250% of GDP. | ||
| Uh so what we're seeing now is a reversion back to gold as a as a safe haven asset, and it's happening across the board. | ||
| But it's easy to understand why. | ||
| Where do investors go at any level in this climate, right? | ||
| Capital markets used to be a very good way to hedge against inflation. | ||
| Today, not only do I think they're going to struggle to hedge inflation longer term, I think they could compound the problem. | ||
| You know, any investment in capital markets today is essentially an enormous leverage bet on AI, sovereign debt or cash used to be a safe way to ride out recessions or economic downturns. | ||
| Today we're losing in real terms to inflation. | ||
| Real estate, another very good inflation hedge, also struggling predominantly for the same reasons. | ||
| House prices are now 50 to 70 5% above the peak that they were in in 2008, with mortgage rates running at 8 or 9%. | ||
| So, you know, this is a really tough climate, and everybody's struggling from central banks to everyday investors, and they are turning to gold in their droves. | ||
| Central banks are doing it to protect reserves. | ||
| Uh in you know, uh banks are doing it for investment, and individuals are doing the same. | ||
| Right now, there's only so much gold to go around, and it's driving prices up. | ||
| And I think it's gonna continue to go up, Steve. | ||
| When um when uh we talked to Philip Patrick and the team four years ago or so, uh, many people come to you see right wing media, many people come to us about you know selling gold, being gold, and I said no. | ||
| Uh, I'm not interested in that, and I'm not gonna do it. | ||
| Uh, but what I what I will do is somebody will sit here and we'll work through this because I'm people in the audience today are saying, man, this nomenclature, I don't know what you're talking about. | ||
| So you have to make it accessible. | ||
| It's just like riding a bike. | ||
| As soon as it's accessible, and you understand this so much about politics and the way the world works is gonna become open to you. | ||
| That's why it's so important. | ||
| If you never buy an ounce of gold, this is a way to learn how the world works. | ||
| That's why with Philip Patrick and the team, we've done this for four years. | ||
| It's kind of let's be blunt. | ||
| It was a called shot. | ||
| Exactly what we said was going to happen, happened. | ||
| This is why we're telling you for the future. | ||
| I I want to make sure I get this out there because now you gotta bounce. | ||
| I got some other great guests coming on. | ||
| One of the things that's shocking, running these massive deficits, and we are running massive deficits, even under President Trump and the growth trying to kick in, but we haven't caught up yet. | ||
| Uh the percentage of our deficit to GDP, I still think is six, six and a half percent, six point three percent, something like that. | ||
| Uh, with no end in sight. | ||
| I understand there's a lot of things being worked on, and you know, the investments coming and the supply side cut and all that. | ||
| Um, but I will say I think the the the dev, I think the spending was 300 uh doge and all that, I think it was 300 billion dollars more. | ||
| I believe that was called the interest expense. | ||
| I haven't cut it down. | ||
| But the bond markets, the 10-year bond is fine, the bond markets chilled. | ||
| And the reason for that, Philip, is that the bond market in one hand it's kind of schizophrenic. | ||
| Um financing government deficits, it's not it hasn't really changed. | ||
| Now, when you get into the auctions themselves, it's changing, but it hasn't changed to what you're saying that hey, holding of government debt was always a safe haven. | ||
| And as we know, in France and England, the reason France getting turfed out, and England's about to get turfed out, Starmer's at 11% or 12%, is they can't sell 30-year bonds. | ||
| Why? | ||
| People don't know if they're going to be around in 30 years, right? | ||
| They just don't. | ||
| Um that hasn't hit the market overall. | ||
| And my fear is that we're not that far away, I think, from a failed treasury auction. | ||
| Or something where we really have to crack the whip on banks to start buying this stuff more than they they want to buy it today. | ||
| It's one of the reasons you have the scam of paying of giving them cash for reserves. | ||
| Their own reserves, we're paying interest on it by the by the Fed. | ||
| And a lot of people are starting to say, why are we doing this? | ||
| One of the reasons we're doing it, I think it's kind of a bribe. | ||
| It's kind of a bribe to make sure the system works. | ||
| We're going to get to a place that they got to in the late 1930s, where you're in a negative feedback loop. | ||
| And you got to hit reset. | ||
| Philip, stick around. | ||
| I gotta, I want I want your answer on that. | ||
| Philip Patrick is with us. | ||
| Tina Deskowitz and the Monster Liberty kick off a huge conference over the next couple of days. | ||
| She's gonna be here, and we have a special guest. | ||
| Formerly, I think with Patriot Mobile, now running for office in the Lone Star State. | ||
| As you know, we have a big focus on Texas here. | ||
| Short commercial break. | ||
| Back with Philip Patrick in a moment. | ||
| So one last thing before I have Philip answer this. | ||
| Scott Bessant, the reason we we've known Scott as a contributor here, dear friend of mine for you know many, many, many years. | ||
| And I kept saying he's a safe pair of hands in capital markets, particularly everything that's going on and interpreting President Trump's economic plan to Wall Street and capital market ease. | ||
| Scott Bessant, as you notice from his confirmation hearing, we hear him on TV, we play clips. | ||
| He's very precise in his language. | ||
| He wants to send the market very specific signals. | ||
| So it's not all over, you know. | ||
| We use the example of Lutnik, right? | ||
| And we know we're not a fan of Lutnik. | ||
| We weren't a fan when Elon pushed him when Elmo pushing for Secretary of Treasury, thought it was disastrous, and it would have been disastrous, because he's not precise. | ||
| Scott Besson, in answering this question about China the other day, he says they're in a depression and they're trying to drag us down to a depression. | ||
| When Scott Besson uses the the D word, uh, you better take out your number two princil and write down the date and in what form you use it in. | ||
| Because uh that's important. | ||
| The Chinese Communist Party, they've been at war with us for May 19. | ||
| Uh for May 19, you know that if you watch this show at any length of time over many, many, many years. | ||
| We're that we're the leaders of the anti-CCP movement that we have to unplug from this, we have to decouple, and we have to uh assist Lao Baijing in taking those guys down. | ||
| Yes, I am for regime change, never from the top down, because it doesn't work, we'll get sucked into it, but from the bottom up, whether it's in Persia or whether it's in um or whether it's in um Beijing, and I did not say Jerusalem, although I have said it before with Netanyahu, but that's a topic for another day. | ||
| Uh Philip Patrick. | ||
| On the event horizon we have out there, as you see the shift in the central banks and the money center banks for hey, this government debt used to be the safest of all, and now it's like you know, we go and put dollars first, and we're gonna put maybe gold in second to third. | ||
| Does that pretend that we have a failed treasury auction coming sometime in the next couple of years, sir? | ||
| Listen, it could happen. | ||
| It's hard to imagine, right? | ||
| Because look, we see one of two things. | ||
| We either see a failed treasury auction, which which would be just almost unimaginable, or what will happen is in the secondary market, banks will step in and essentially buy the debt. | ||
| But the problem is rates are just gonna keep rising and rising and rising until that that bidder steps in. | ||
| Higher yields ultimately will solve the problem, but they also create a new problem, an obvious one, which is higher yields, cripple us with debt service costs, which means more borrowing and more debt auctions, which creates essentially a negative feedback loop because zero interest rates for 50. | ||
| You get the idea, right? | ||
| So we just loop round and all that. | ||
| Uh Philip, um by the way, keep going, keep going. | ||
| No, no, please carry on. | ||
| Sorry, I didn't mean to cut you off. | ||
| I just want to make sure people know in the fiscal year that just ended September 30th, which we're very focused on, where we said it was gonna be two trillion. | ||
| If you took the under 1.8, but hey, it's close enough for government work. | ||
| 1.2 trillion dollars, gross amount of interest paid. | ||
| Now they net out what they hold, but hey, it's the gross number to focus on. | ||
| 1.2 trillion dollars for the pleasure of having the debt. | ||
| Philip, I know you got to bounce. | ||
| Oh, and everybody go to Birch Gold Today, Birchgold.com. | ||
| Uh the end of the dollar, promo code Bannon, end of the dollar empire. | ||
| You get direct access to Philip Patrick, or just take your phone out. | ||
| There's a simpler way to see another aspect of that, and that's everything about the IRAs and 401ks and tax deferred and tax delayed and maybe tax-free. | ||
| Text Bannon at 989898, you get that the ultimate guide. | ||
| All this is free, all the information is free in the age of Trump. | ||
| Philip, uh, I want people to make uh to get contact with you and your team so you can walk them through everything. | ||
| Um where do you what's your social? | ||
| What's your social media? | ||
| Where do folks go there? | ||
| So it's at Philip Patrick on Geta, at Philip Patrick on getter. | ||
| I'm putting out stuff every day. | ||
| Thank you, sir. | ||
| Um negative feedback loop. | ||
| When it gets in that situation, like the late 1930s, maybe the mid-1920s or 20, what is it? | ||
| 2020s to 2030. | ||
| China said their attack date's 2027. | ||
| Just throwing that out there for getting into the conversation. | ||
| That's she's number, not mine. | ||
| Negative feedback loop and hit the reset button. | ||
| And the reset button is always catastrophic. | ||
| And it's particularly catastrophic to the ruling elites in the structure, but it's really catastrophic to you. | ||
| To blue-collar guys like my dad, uh, his family, your family, everybody. | ||
| If you're working stiff, it uh it comes hard and fast. | ||
| Philip Patrick, honor to have you on here. | ||
| Sir. | ||
| Um cheery enough for you. | ||
| I just want to give it to you straight. | ||
| Not gonna give you happy talk because all DC, it's a it's they're living in a fantasy. | ||
| It's detached from reality of what's happening in the world today. | ||
| It's just detached. | ||
| Uh I don't need to tell it next is that Tina Deskowitz has fought this every day, the parents' rights movement. | ||
| She knows how absurd things are. | ||
| Your big the moms for Liberty conference is this weekend. | ||
| Tell us about it, ma'am. | ||
| Yeah, I'm uh live right now in the conference center at the Gay Lord Palms in Orlando. | ||
| We're about to start loading in there in the conference center. | ||
| The kickoff is tomorrow night with an opening reception, but a huge day on Friday and a huge day on Saturday. | ||
| Uh, we've got fantastic speakers. | ||
| Congressman Byron Donald's will be here, Benny Johnson will be here, Graham Allen, James O'Keefe, like just back to back. | ||
| Real America's Voice will be here uh live streaming all of our main stage events for the two and a half days. | ||
| And so we are just excited to hold our fourth annual moms for liberty summit. | ||
| We are four and a half years old. | ||
| No, it's amazing. | ||
| We're gonna live streaming the entire thing in the war room's gonna do special breakouts, interviews, etc., because this is a big deal. | ||
| What's the theme, man? | ||
| You won the parents' rights movement. | ||
| They won got the uh Virginia for Yunkin, uh, then was at the tip of the spear of leading Trump and supporting Trump on his uh amazing comeback. | ||
| You won in 24. | ||
| I thought it was all over. | ||
| I thought you guys are gonna wrap up. | ||
| Is there any work to still do? | ||
| Look, I was hoping that maybe we could wrap up, but there is so much work to do. | ||
| There are so many blue states and counties uh that are really struggling, and school districts that are even in red states and counties are still they're still fighting this, they're defying executive orders. | ||
| They are uh still streaming porn into the classrooms via library books and a curriculum that hates America. | ||
| Steve, the problems are not all solved, unfortunately. | ||
| And now we have to do that. | ||
| Of course, it's not it's it's it's AI, it's not sold, it's not close to being solved. | ||
| Here's why. | ||
| And this is why we need a double and triple effort. | ||
| Mom Donnie is a product of all this. | ||
| He's a product of the education system. | ||
| We essentially have a collection of radicals and terrorists that are terrorists against the family that are teaching your kids. | ||
| And they're not they're not rolling over. | ||
| They're fighting for every inch of ground because they understand if they get if they can if they can if they can wait you out and wait Trump out, they see the product, they see the fruits of victory. | ||
| That's why they're dug in, ma'am. | ||
| They're getting desperate, Steve. | ||
| I mean, with the assassination of Charlie Kirk, you know, I hate to invoke that right now, but you see the the extreme measures they're taking because we are winning, because they are starting to get scared that America is awake and not gonna allow this to happen in our country. | ||
| And so, no, it's not time to slow down. | ||
| It's very frustrating sometimes when people are getting complacent and thinking everything is now solved and fixed because President Trump is in office. | ||
| But moms for Liberty is not slowing down. | ||
| We are here for our fourth annual summit. | ||
| Today is the last day to get tickets. | ||
| So if you're in the Florida area, if you're anywhere, fly in, feel free. | ||
| But if you're in the Florida area, especially the Orlando area, grab some tickets, go to moms for Liberty.org and join us. | ||
| You will not regret it. | ||
| Uh Saturday morning, we're doing a tribute to Charlie Kirk. | ||
| We have a hundred local TP USA kids that are gonna go up on stage and accept our highest award, the Liberty Sword, on behalf of Charlie, and we're really looking forward to that moment. | ||
| Benny Johnson, you got so many great speakers. | ||
| Anyway, we'll be real America's voice in the war room non-stop. | ||
| Uh, your social media, ma'am, where's Where's your where's your coordinates and where do people go if they still want a ticket? | ||
| Moms for Liberty.org. | ||
| Uh, there's a pop-up banner right now. | ||
| You just click it to get tickets. | ||
| You can get Saturday night only Gala tickets. | ||
| I think James O'Keefe will be our keynote Saturday night. | ||
| Uh, we do our awards for our moms that night too. | ||
| It's really a special evening. | ||
| And of course, all our socials, mom's number four Liberty. | ||
| Thank you, ma'am. | ||
| Appreciate you. | ||
| I appreciate you, Steve. | ||
| Look forward to look forward to covering it. | ||
| Um, we're gonna cover it nonstop. | ||
| I'm actually going to be in Texas. | ||
| Patriot Mobile, 972 Patriot. | ||
| Uh, do the switch today. | ||
| This is not because they support your causes, not because Glenn Story in the epic legendary team uh has done so much to keep Texas as the railhead of the MAGA movement. | ||
| It's also the best phone service around. | ||
| Stop giving your money to people hate you and start giving your money to a service that you get better service. | ||
| Don't take it from me. | ||
| Call 972 Patriot right now. | ||
| Talk to a United States citizen in the United States of America. | ||
| Their customer service. | ||
| Do it today. | ||
| Lee Womsgan. | ||
| Lee, you're still at Patriot Mobile. | ||
| That's your day job, but very bravely, because you're one of the best people I've met. | ||
| Although I will say it's the moral equivalent of Dave Bratt because you are one of the most uh no, you're one of the most moral, decent people I've ever met, and we've had some tough fight situations where I've seen your medal. | ||
| Uh but now you're essentially on a crusade to go to Austin, Texas, and to clean things up, starting in the Texas Senate. | ||
| Tell me about it. | ||
| That's right. | ||
| If you think about Texas, everyone knows Texas is big and everything's bigger in Texas. | ||
| We have 38 U.S. congressional districts. | ||
| We only have 31 state Senate districts. | ||
| So we have about a million people in every in every Senate district. | ||
| And that means that um every district is so important. | ||
| It's 31 votes that basically are the gatekeepers for getting conservative legislation passed or bad legit legislation stopped. | ||
| Currently, in that body, there are 20 Republicans and 11 Democrats. | ||
| And let me tell you, Steve, the Democrats are working hard to take this seat. | ||
| I'm running for State Senate District 9. | ||
| It's a vacant seat. | ||
| It's open, and it's a special election. | ||
| They call it a jungle election. | ||
| There is no primary. | ||
| Early voting starts Monday, the 20th, and election day is November 4th. | ||
| And I'm the conservative candidate running for that spot. | ||
| One of the issues we've had in Texas, and we see this from every issue we've dealt with, everything for the last four years for immigration, not securing the border, to uh, you know, what Brian Harrison was able to reveal to us about the redistricting, just all of it, is that you you because Texas forever was the hardest core Democrat state, right? | ||
| With Lyndon Johnson and Sam Rayburn and all that. | ||
| And what's evident is that there's still a lot of Democrats there. | ||
| Oh, they call themselves Republicans. | ||
| I mean, the one of the problems we have is that when you say Republicans are this in the House and the Senate, a lot of those folks just don't forget supporting MAGA. | ||
| They don't even support really just classic Republic orthodoxy. | ||
| Isn't that one of the issues and one of the reasons you're running? | ||
| Because you're a pure MAGA candidate, but this thing is so screwed up down there that you've got to get MAGA voices in there. | ||
| You know, you're not gonna have a shot. | ||
| And Texas is, I think, the most important state in the Union force. | ||
| It is huge. | ||
| And think about the dynamics of this race. | ||
| Um, with there not being a primary, uh, there was a Democrat in the race, and then I joined the race, and then about three weeks later, a Rhino Republican joined the race, not caring about splitting the Republican vote. | ||
| Um, my opponent has 94% of his campaign finance from out of state interests. | ||
| My campaign is funded by over 95% in state with over 300 individual donors. | ||
| My opponent, who's calling himself a Republican, voted for a DEI committee while he was on the city council. | ||
| My opponent didn't finish his first term as mayor before he decided to carpet back to another congressional district that he didn't live in and run against the wonderful and amazing Brandon Gill. | ||
| My opponent also, while he was mayor of our city, um, approved budgets that gave tens of thousands of dollars to taxpayer taxpayer funded lobbyists. | ||
| I'm very much opposed to giving our tax dollars to lobbyists in Austin or DC. | ||
| Lee, just hang on. | ||
| I'm gonna hold you through the break. | ||
| Take you to the D block. | ||
| Lee Womsgan and uh as tough a fighter as we have in the MAGA movement. | ||
| Short break, back in the worm in a moment. | ||
|
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|
We will bite till the roll gone. | |
| We have a joy switch overload. | ||
| Let's take down the C. We're gonna toss to Charlie Kirk and the or the Charlie Kirk team, the turning point team at noon, as we always do, post-after that, Steve Gruber after that, bowling, then back to us at three o'clock. | ||
| There's gonna be an event in the oval with Cash Patel and the president. | ||
| Of course, Real America's voice will cover it live. | ||
| John Solomon, the great John Solomon, will follow us today, and he's gonna interview cash. | ||
| So put that on your calendars. | ||
| Lee, I'm gonna actually be spending uh a couple days with the uh Patriot Mobile team. | ||
| We're gonna be in Texas. | ||
| Uh we've got some special stuff planned for Saturday. | ||
| Uh and by the way, we're gonna be covering nonstop uh the Moms for Liberty and so much else going on, particularly in Zelinski's visit to the White House on Friday. | ||
| This is every day, just so many events going on. | ||
| We're gonna cover them all. | ||
| But uh we're gonna be together on Saturday afternoon, are we not, ma'am? | ||
| We are. | ||
| We're doing a huge get out the vote rally because our early voting starts on Monday. | ||
| And I'm so excited, Steve, that you're gonna be there. | ||
| Everyone's gonna just they're so excited to see you. | ||
| And uh, you can learn more about that on Leefor Texas.com. | ||
| That information will be up very soon. | ||
| Um we are out there fighting the fight. | ||
| We are up against huge special interest money. | ||
| I was very vocal against allowing China to buy land in the United States. | ||
| I'm the only candidate in this race that was during the session. | ||
| And they do not want me to be elected. | ||
| But that's okay because uh we serve a big God. | ||
| And uh while we're we're outspent, we have walked 7,800 houses to date, and we plan to double that before election day. | ||
| We're doing that huge get out the valley, get out the rope valley rally with you on Saturday. | ||
| We're looking forward to that. | ||
| But um, if anyone wants to sign up to help my campaign, they can go to Leefortexas.com. | ||
| We would love donations, we would love signups. | ||
| Um, grassroots is where it's at. | ||
| And the the people's voice is not going to be overshadowed if I'm elected. | ||
| I am your grassroots candidate. | ||
| I have served for over 34 years. | ||
| I've stood when I had to stand alone. | ||
| My opponent is a go-along to get along guy, and we have enough of that in Austin. | ||
| Let's keep Texas, Texas. | ||
| And I'm asking for your Texas friends to vote for Lee Wamscons for Senate District 9. | ||
| Lee, amazing. | ||
| Look forward to seeing you guys. | ||
| Glenn Story and the historic legendary team at Patriot Mobile. | ||
| So thank you, man. | ||
| Appreciate you. | ||
| Thank you, Steve. | ||
| God bless. | ||
| Uh Trevor Comstock have asked you to join us today. | ||
| People, it's been a tough war room, man. | ||
| Been been been getting ready for the third world war. | ||
| People want to be healthy. | ||
| I need health. | ||
| We need healthy troops in here. | ||
| How are they gonna do it? | ||
| Yeah, always great to see you, Steve. | ||
| So, of course, our beef liver is still our number one product. | ||
| Um, but our tallow moisturizer has quickly become the second most popular. | ||
| Um, we did sell out a few weeks ago, but we're back in stock, so no worries there. | ||
| We're all set. | ||
| Uh, but for those who don't know, just a little background on it. | ||
| It's made with the two ingredients, which is the 100% American grass-fed and finished beef tallow, and then we pair it with the raw manuka honey. | ||
| So that's it. | ||
| We don't include any fillers, synthetic ingredients, seed oils, or anything like that. | ||
| And tallow is really amazing because it's almost identical to the natural oils that your skin produces. | ||
| Uh, so it absorbs much more deeply and actually nourishes the skin, um, as opposed to just sitting on top of it, which unfortunately is the case with a lot of other moisturizers on the market. | ||
| And then to take it a step further, uh, tallow is amazing just because it's loaded with nutrients like vitamin A, D, E, as well as K, um, which your skin needs to stay healthy and radiant. | ||
| And then as I had mentioned, uh, we paired it with the raw Manuka honey, uh, which is a naturally occurring antibacterial, anti-inflammatory, and healing remedy. | ||
| So it's pretty powerful, um, especially with the raw manuka honey. | ||
| It helps in scenarios, if you have some eczema on your face or some redness. | ||
| Um, and also it's great as it hydrates your skin and it doesn't clog your pores. | ||
| So if you do want to compare the moisturizer to you know other skincare products on the market, those can be effective in their own right, but as I'm sure many of you know, uh a lot of them contain a ton of synthetic ingredients, seed oils, even food dyes, uh, which RFK Junior is trying to ban. | ||
| Um, so that's essentially why we created the first place was just to give you something raw natural. | ||
| Is the the product, the product, the the products, the product people I know that have used it or raving about it. | ||
| The thing's selling out every other day. | ||
| Is it now in stock? | ||
| I know your manufacturing process is very precise. | ||
| Do we have it actually in stock? | ||
| Are you getting it back in stock? | ||
| Yeah, it's a great question. | ||
| So we're in stock now, we're all set. | ||
| Uh, each jar is handmade, so it takes a little time to produce each unit, which is why it tends to sell out. | ||
| Um, but we're we're working over time. | ||
| We got you covered there. | ||
| It should not sell out this week. | ||
| Uh, but I can't make any promises. | ||
| Um, but yeah. | ||
| Uh, I want to make sure every I want to make sure everybody goes to the website. | ||
| That's where you get this tremendous information and see the reviews. | ||
| Where they go, Trevor. | ||
| Yeah, you can go to Sacred Human Health.com, or of course, just type in Sacred Human at Google. | ||
| We'll pop up, and then you can always use code Warroom uh for 10% off any one-time purchase. | ||
| Um, and yeah, you we'll we'll got you covered on any questions you have as well. | ||
| Thank you. | ||
| Thank you, Carbon Timeout. | ||
| A busy CEO, founder of this amazing company, Sacred Human Health. | ||
| A couple things. | ||
| We talk about deficits. | ||
| Uh, the IRS, even with President Trump and Besson overseeing it. | ||
| If you if they feel you owe them money, they're gonna come and get it. | ||
| If you late filing, you miss filing, you haven't filed. | ||
| If you got a letter, particularly got a letter from the RS, don't before you call them, talk to Tex Network USA. | ||
| They've solved the billion dollars worth of problems of folks just like yourself. | ||
| But that's not going to go away. | ||
| When you got two trillion dollars of deficits, they're gonna come and get their money. | ||
| And before you get representation, it's what they think you owe. | ||
| Remember that. | ||
| You need somebody to help work through what you actually owe. | ||
| 800, 958-1000. | ||
| Tax network USA or TNUSA.com. | ||
| Tell them Bannon sent you to give you a free consultation. | ||
| Do that today. | ||
| Stop the anxiety. | ||
| Work with people that do this for a living because it's not for the uninitiated. | ||
| Okay. | ||
| Um, also, home title. | ||
| Every dream you ever had is in that home. | ||
| Make sure that it's not turned into a nightmare. | ||
| How can that happen? | ||
| When you play by the rules, you do everything. | ||
| Let somebody get in and get access to that title, and then you're done. | ||
| Home title lock.com. | ||
| Promo code ban it. | ||
| Talk to Natalie Dominguez and the team today. | ||
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