All Episodes
Dec. 23, 2025 - Bannon's War Room
48:54
Episode 5018: President Trump's Massive Economic Success

Stay ahead of the censors - Join us warroom.org/join Aired On: 12/23/2025 Watch: On X: @Bannons_WarRoom (https://x.com/Bannons_WarRoom) On the Web: https://www.warroom.org On Gettr: @WarRoom On Podcast: Apple, iHeart Radio, Google On TV: PlutoTV Channel 240, Dish Channel 219, Roku, Apple TV, FireTV or on https://AmericasVoice.news. #news #politics #realnews

Participants
Main
g
glenn story
05:35
p
pesach wolicki
06:15
r
rosemary jenks
05:28
s
steve bannon
r 18:46
Appearances
e
ej antoni
03:39
j
joe allen
04:45
m
mike lindell
r 01:03
t
trevor comstock
00:48
Clips
j
jake tapper
cnn 00:10
|

Speaker Time Text
steve bannon
This is the primal scream of a dying regime.
Pray for our enemies because we're going medieval on these people.
Here's not 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.
jake tapper
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.
steve bannon
Ask yourself, what is my task and what is my purpose?
If that answer is to save my country, this country will be saved.
unidentified
Waroon.
Here's your host, Stephen K. Bannon.
steve bannon
It's Tuesday, 23 December year for Lord 2025.
We're packed today.
We're going to be packed tonight for a couple hours.
Tomorrow, we're going to be live from both Bethlehem and Rome, in Israel, in Rome.
We're going to be doing the Vatican and Bethlehem.
Hopefully, we'll get near the church.
We're going to be a major square, but hopefully get near the church because it's going to be, I think, there are some pilgrims there and there's some tourists.
We're going to hopefully get close to the church of the Nativity, but we'll get all that tomorrow on the morning show.
Glenn's story.
So, Glenn, first off, for the Jason Aldean, you guys sponsored that.
I keep hearing about the tour.
People had a great time.
He was a huge hit, obviously, at Amfest.
Talk to me about it.
Why did you sponsor the Jason Aldean tour?
What was your task and purpose in doing that?
glenn story
Hey, Steve.
How are you doing?
steve bannon
Okay, we have.
I'm doing a lot better now.
You took yourself off mute.
glenn story
It does work a little bit better, but hey, this is the first time we've ever come out of my office.
We're usually in the control room, but our whole team was bringing back our studio from TPUSA.
steve bannon
Tell me about how, did you guys have a good Amfest?
glenn story
Yeah, it was awesome.
I mean, I think it might have been the best Amfest I've been to, you know, in light of what was going on with Charlie.
And, you know, I think it's galvanized a lot of us.
And you just look at the movement and everything that you see going on.
And, you know, I think there was 30,000 plus folks that visited.
And, you know, I think we probably had about half of them come by our booth.
We had thousands of signups.
It was just incredible.
steve bannon
I want to talk about that because you guys are known as the mobile operator that has backed this movement from the beginning.
You've got everybody's back on all the major causes, whether it's life or Second Amendment, you know, EMTs, all of it.
You're a huge sponsor of some of the best shows, a big sponsor for Real America's Voice as we hammer things out here at RAV and also at War Room.
Talk to me about that.
Talk to me about the commitment you guys have made and what does 2026 look like?
glenn story
You know, that's what really separates us.
We're the original.
We've been at this for 13 years.
And our goal was really to support the conservative movement and glorify God and everything we do.
And so we have four pillars: First Amendment, Second Amendment, right to life, and military and first responders.
And the real separator, though, is not only do we contribute to these organizations, and this year we donated more than any time in company history, but it's that we put God first and we look at this as biblical principles, right?
And we say, hey, what are we supposed to do to honor and glorify our God?
And that's really donate these organizations.
And, you know, I have a note from somebody that came in and said, I just want to thank you.
I was going to plan parenthood, have an abortion, and there was this little box that embraced grace provided.
And in that box was a onesie and all this other stuff.
And this particular mom to be read it and it changed her life.
She goes, I never knew there was a support network out there like this.
And so you think about it.
We try to touch lives.
We save lives.
And we love.
You know, we're the party of love.
We're a company of love.
steve bannon
What you guys get a lot of grief too for being such a sponsor of the conservative movement and particularly MAGA.
Talk to me about that.
glenn story
Yeah, we do.
I mean, it's kind of interesting when you take a stand and you say, hey, this is who we are and this is what we do.
And especially when you say you're a conservative and you're a believer in Christ, all of a sudden you have this giant target on your back.
And you know what?
God said it's not going to be easy, but he will always be with us.
And Steve, you know that very well.
You know it extremely well.
They came after you for your beliefs and your commitment to truth.
steve bannon
What about, so the service, talk to me.
People want to know how to make the switch because we try to make things as frictionless as possible here in the war room.
When they go and call your site, 972 Patriot, they're going to talk to, as you guys say, a hillbilly with an East Texas accent, an American citizen.
Walk through the process of how you actually, because you say, hey, Steve, I'm not a hillbilly.
I'm a redneck.
It's different.
What's the actual process?
How do people get over the fear that, hey, my phone's my connection for everything?
If I go with these guys, I love what they do.
I love what they stand for, but they're going to drop.
I'm not going to be able to talk to anybody.
And therefore, I can't run my business or follow my family, sir.
glenn story
Yeah, Steve, we make it as simple as possible.
Let's just say you have a contract with another carrier.
Hey, we'll reimburse you and give you free credit for the time that you've been, I mean, anything that you owe.
But here's the real difference.
You call 972.
You talk with somebody in our corporate offices, either in East Texas, California, wherever.
And then you sign up.
And you've got to always use Steve Bannon as your promo code because I believe that gives you a free month.
And in addition to that, here's the real beauty, though.
Your cell phone is something that everybody has.
And it's easy to switch.
We merely send you a QR code or a SIM card.
You drop it into your phone.
You don't lose your number.
As a matter of fact, you keep it.
You keep the same phone.
Do whatever you want.
Or if you want to buy a new phone, very simple.
But at the end of the day, if you get service today, we can do it.
Not only do we do it better because of our customer service, but also because we're buying a premium level of service.
It's better than what you can go in and buy at the retail store.
And I'll tell you, you know it because we had, I guarantee you, we had thousands of people that came by the booth.
Many of them were existing customers.
And they said, look, I haven't missed a beat.
It was so simple.
And I said, let me get you on Bannon because you tell the story better than I do.
steve bannon
Where do people go today?
People are in the Christmas spirit, the holiday spirit.
They know that you've had the back of all these different shows and institutions and movements.
We've got a lot more we're going to talk about, what's happening in January.
We're working with you guys very closely on something very important about this really crisis that's building in the great state of Texas about the invasion of Islam, particularly radical Islam.
Where do people go right now to go talk to somebody and get the details?
glenn story
Yeah, you go to patriotmobile.com forward slash Bannon, use the promo code, and you get a free smartphone.
And then, hey, before I go there, I want to say, hey, if you own a business, we have business plans set up for small business all the way up to large businesses.
We have them up in the thousands, and you get a good redneck customer service rep that manages your account and a team behind them.
And, you know, your promo is the forward slash Bannon, and you get that free smartphone.
Or if you want a high, high-end phone, we'll get it for you.
steve bannon
Perfect.
So, where do you go?
One more time: 972 Patriot.
What's the promo code Bannon?
And what is the where they go on online?
glenn story
PatriotMobile.com forward slash Bannon.
And hey, before we go, I want to say Merry Christmas to all the war room posse.
We love you.
We love our Savior.
And you guys are making this happen.
So, and thank you to all of our existing customers.
We just have an incredible business because of y'all.
And we're able to donate more and more money every year as we grow, especially.
steve bannon
No, because you give X percent of your profits back to support these groups.
Can I get a commitment now from you?
When I come to Texas for these events, we're going to do can we hang out together?
I don't get big leagues when you get a big country music star.
Because I only saw you in Amfest this time when you came and did the show.
And normally we hang out a lot.
You know, it really hurt my feelings, but I'm a tough guy.
I can get over it.
But just in January, just in January.
glenn story
You know, hey, did you?
I hope you got to see it because it was really a good interview.
About two minutes before we went on stage, I said, Hey, they said, By the way, you got to go out and talk about Patriot Mobile for two or three minutes.
And, you know, I don't like to talk.
And I love to hang out with people that are a lot smarter, which is often.
And so that's why I like to hang out with you, Steve, and Jason as well and Brittany.
steve bannon
No, it was great.
The interview was great.
972 Patriot, call right now.
Talk to a Texas citizen of the United States of America that's going to walk you through everything, all the business aspects, accounts, and everything you do.
Glenn Story, Merry Christmas, sir.
Thank you for joining us today.
Appreciate you.
glenn story
Love your team.
Have a blessed day and Merry Christmas to y'all.
steve bannon
Thank you.
The Patriot Mobile team, legendary good people they are and how they back.
People love working with them.
Speaking of working with them, Rosemary Jenks, the New York Times, first off, out at Amfest, I want you to talk a little bit about the data that came out of the young people out there.
Also, the New York Times is now awakened to the fact of something we're working on for years.
This is the issue of not just illegal immigration, which the president is moving heaven and earth to get on top of the mass deportations, which people at Amfest will show you that it's one of their top priorities, but also legal immigration.
New York Times, we had Natalie Winters on last night breaking the story down.
Walk me through what are we doing?
When are we going to get a 10-year moratorium on legal immigration to get the because this is where you're going to really kick in with the economy?
This is going to get a massive explosion in wages, jobs, et cetera.
What do you got for us today, Rosemary Jenks?
rosemary jenks
Yeah, Steve, it's so funny because all of the stories that are coming out in the mainstream media, the New York Times included, talk about how, you know, economists are worried because stopping or reducing legal immigration or reducing H-1Bs is going to increase the cost of labor.
Well, yeah, because employers are going to have to actually pay Americans American wages.
That's the whole point.
So, I mean, it's just ludicrous to think that we need to essentially pay slave labor to do all these various jobs in the United States when we have plenty of Americans.
And guess what?
If those Americans are not employed, we're paying for them on welfare.
So one way or another, we have to pay.
We're either paying for them on welfare or we're paying for foreign workers to replace them or employers are paying wages that Americans can actually live on.
And that is critical.
So one of the things that happened, I think it was after the end of the AMFEST that this was released, was a poll showing that 90%, I think it was 90%, want an immigration moratorium.
And that is huge.
And Republicans in Congress and the White House need to pay attention to this.
This is a massive issue.
And I will tell you, Steve, if we are able to, you know, in some way massively restrict the H-1B visa, Americans are going to find out that there are a plethora of other visas that also reduce their wages and displace them from jobs.
So fixing the H-1B is great.
Eliminating the H-1B is great, but it's not going to solve the whole problem because our legal immigration system is massively out of control and has been for the last 50 years.
steve bannon
We're going through an awakening.
First off, you got Hunter Biden giving an interview where he's dumping all over his father's invasion plan, you know, for the illegal aliens.
Hunter Biden gets it.
He's sitting there walking through what a disaster was and how it brought down Biden's presidency, which is a centerpiece of his presidency.
And so the American people have come and awakened to that.
And that's why President Trump went and shut the border down, understanding this thing was very organized.
It's one of the reasons that they stole the election from Trump.
It's a very organized invasion of our country.
Now the awakening is something we've been hammering for years and Rosemary's been hammering for, I don't know, the 10 plus years that we've had her in both Breitbart radio news and in the war room.
It's legal immigration.
We need to have a moratorium.
The quote-unquote legal immigration is another scam.
And I'm not even saying H-1B is the scammiest.
It's the one we got to take care of first.
It's a total scam, a complete scam.
It's got to be shut down, all of it, folks sent home, and those billets open up for Americans.
But you can tell in Amfest, 90% of people want a moratorium on legal immigration.
So this whole thing that you go on TV and we're a nation of immigrants and I support legal immigration, not illegal, that is more phony, totally phony Republican talking points of people that are owned by the donors, owned by the corporations, owned by Silicon Valley, owned by Wall Street.
The people are speaking.
This is a populist revolt.
They want a 100% moratorium.
That means nobody in here, quote unquote, on the legal side.
Short commercial break, Rosemary Jenks, Joe Allen on the other side.
unidentified
Tell America's Voice family.
steve bannon
Are you on Getter yet?
unidentified
No.
What are you waiting for?
steve bannon
It's free.
unidentified
It's uncensored, and it's where all the biggest voices in conservative media are speaking out.
steve bannon
Download the Getter app right now.
It's totally free.
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 get her.
unidentified
That's right.
You can follow all of your favorites, Steve Bannon, Charlie Kirk, Jack the Soviet, and so many more.
Download the Getter app now, sign up for free, and be part of the new band.
steve bannon
Okay, welcome back.
It's a process, this process of stopping illegal immigration, and President Trump's doing now.
We've got to get to the mass deportation side, but sealing the border, beginning to get the bad umbreys out.
Course, overwhelming support at Amfest and other places to continuing mass deportations at the top of the list.
We are having a tectonic plate shift, folks, because all the time you go on Fox, you see all these phony Republicans out there.
Well, I'm all for illegal immigration and we're a nation of immigrants and America is an idea, all that crap.
Nothing can be farther from the truth.
We have a massive problem.
It's a scam because we don't have capitalism in this country.
We have corporatism.
And all the time, and when they talk about the, you know, the H-1B is excited, they said, yeah, you know, the problem is cost of labor is going to go, you damn right it could go up because you're going to be paying American citizens, not indentured servants that are coming from South Asia and from China.
They're going to work for a third of the cost and have to live, be forced to live 10 to a house because they're trying to work for a green card.
And I keep telling these guys on the, on the, we'll get to this in the AI part next, that if you want to make sure China is not a competitor, then cut off the chips, cut off the capital, cut off the student visas, cut it all off, just choke them down.
Did we choke it down in the Cold War?
You damn right we choked it down.
Why are we not choking down now?
Why is we letting the tech bros basically finance and train and give chips to our greatest enemy in this?
This is why everything they say about AI and the control of AI is a total baldface lie.
And a lot of it gets back to the situation of, you know, they need to have your betters, which are foreign engineers, all crap, right, that to come here and take your job.
So this is a seismic plate shift.
Trust me, smart people, Rosemary Jenks, looked at that number at Amphest and they're sitting there.
You don't see a lot of the mean, you know, National Review and all these Fox, all these neoliberal neocons don't want to talk about, but they are stunned by that number.
Young people, this new greatest generation that has been so abused by the system are starting to awaken to the fact that everything they've been fed on, we're a nation of immigrants, America's an idea.
You know, I support legal immigration, just not illegal.
That doesn't hack it anymore.
We want a moratorium on all immigration until we get American people get good jobs and good pay and we get this country going the right way.
Rosemary Jenks, the floor is yours, ma'am.
rosemary jenks
Well, I think it just makes sense, Steve.
We've had too much for too long.
50 years of mass immigration is too much.
When Americans can look around and see, you mentioned earlier the problem with Islam.
Americans see this coming into their communities.
The Somali welfare fraud.
There are so many, the Afghans killing Americans.
There are so many aspects of mass immigration.
You know, we look at Europe and we make fun of them and like, how could that ever happen?
How did they ever let that happen to themselves?
We are doing the same thing here.
It has to stop.
People are fed up.
People want to be able to recognize their community as an American neighborhood.
That's not too much to ask.
This is our country.
America is for Americans.
Our immigration policy must serve Americans' interests, not corporate interests, not big ag, not big religion, not any of the other things.
Americans' interests must be served by this public policy.
That hasn't been the case for 50 years.
We need to have this moratorium and get our house in order, and then we can figure out exactly how many and who we need to bring in, if any.
But right now, it's simply too much.
It has to stop.
steve bannon
How do people, they want to get involved, they want to get engaged.
You left Numbers USA because you said, hey, now it's not analysis anymore.
The numbers are overwhelming.
I need to be someplace where I can actually lead the charge to take action, action, action.
So where do people go, Rosemary?
What's the first thing they should do to support you?
rosemary jenks
They should go to iapaction.com, iapaction.com.
You'll see our congressional immigration ranking system that puts pressure on Congress, lets you know exactly what your members of Congress are doing on the immigration issue or more likely not doing.
We rank all 535 of them.
We also have resources, fact sheets on all the various visas that are available for people to come in and take American jobs.
The entire legal immigration system we have mapped out on a fact sheet.
So there are a lot of resources there and we'll help you figure out what your members of Congress are doing and what needs to be done.
You can also follow us at IAProject on Twitter or X.
And all of our social media is linked on our website.
But IAPA.com is where to go and we need everybody's support.
This is a big issue.
And as Steve said, the donors are on the other side.
steve bannon
There was going to be some legislation you were talking about banning.
We know you're all over the H-1B visas, but is there additional legislation we should be looking for that's going to come up when everybody returns in January?
rosemary jenks
Yeah.
So first of all, let's just give a shout out to Chiproy's Immigration Moratorium Bill, the PAWS Act.
That is the first moratorium bill that's been introduced in a while, and it is comprehensive.
It's everything except tourists.
So that would end the H-1B and all the other visas and legal immigration.
So that is one thing that we should be focusing heavily on.
Chiproy's PAWS Act.
There will be more legislation specifically dealing with H-1Bs coming out in the new year, hopefully very soon in the new year.
So we'll be happy to come back and talk about that when it is introduced.
But yeah, things are happening.
Members of Congress are starting to get this, but we're not at a critical mass in Congress by any means.
We need people to put pressure on their members of Congress to make them understand we've had enough.
steve bannon
Too much for too long.
One more time.
Where do they go, Rosemary?
I want people over the holidays to hunker down on this and get up to speed because we're going to hit this deck plates running in 2021 early, like, I don't know, the day after New Year's.
How about that?
Where do folks go?
rosemary jenks
Iapaction.com.
Iapaction.com.
We really do need your support.
This is a huge issue, and we are trying to build support in Congress to get some of this really impactful legislation across the line.
steve bannon
Social media, what's your Twitter feed?
unidentified
IAProject at IAProject.
steve bannon
Thank you, ma'am.
Rosemary, you're a patriot and a hero, one of the great warriors of our time.
We're going to get a moratorium.
It's going to happen.
We just got to put our shoulder to the wheel here.
Joe Allen, we've put our shoulder to the wheel on this artificial intelligence.
And man, oh man, are the tech bros spinning this?
They've now got polling that's awful for them.
And they're sitting there going, well, we're really the ones looking for the federal regulations to make sure that the parents are thinking that is a bald-faced lie.
The tech bros embarrassed President Trump twice by misleading him on this AI amnesty, which they try to slip into the big beautiful bill.
And then they took the exact thing, try to slip it into the National Defense Authorization Act must pass legislation.
0 for 2, and not just 0 for 2.
I mean, 199 to 1 voted against.
The other ones they pulled even before a vote.
They said this thing's lost momentum.
Then they had to go to President Trump for these EOs, and I'll just leave that for another day.
But what you're seeing right now, talk to me about what we're doing and working with people like Blackburn and others that are actually getting before you need some federal regulation here.
I agree.
You don't want to have the states have 50 different types of it.
But the reason Ron DeSantis and these guys were doing it is because the tech bros are trying to have no regulation whatsoever.
And Ron DeSantis, these governors are actually going to sit there and go, hey, these kids are citizens of my state.
I'm not going to let these tech bros just do what they want with them.
Now, it's much deeper than just the children, but get me up to speed on the first cut of what we're seeing in this legislation, sir.
joe allen
Well, Steve, sitting in back of this legislation is overwhelming polling that Americans want some kind of regulation.
The Fabrizio Ward poll that was just released and funded by Building America's Future, it shows that both Harris voters and Trump voters would prefer to see one national standard over state preemption.
Now, the way the questions are framed perhaps led them in that direction, but one way or the other, what it shows is this is something, I mean, you know, Building America's Future is funded by Elon Musk, right?
Kingpin tech bro.
And they're admitting that Americans overwhelmingly do want to see some kind of government intervention, whether it's on the national or state level or both.
They don't want to see tech companies basically regulating themselves and just downstream of that, we figure out how government responds.
Right now, you know, we announced a few days ago that Marsha Blackburn, she has already put forward a draft framework for her Trump America AI Act.
This is basically a combination of most of the laws that I think are quite reasonable at the state level and also those laws that have been introduced at the national level, such as Josh Hawley's Guard Act or Hawley's Risk Assessment Act.
What we see now is the beginning of a long battle over how artificial intelligence is going to be guided by government regulation, by laws, by standards set by OSTP.
All of these things are in play.
What we know for sure is whatever it is that people like Mark Andreessen or Elon Musk, people like Sam Altman are going to go for at this point, they're going to have to work around the government.
So I think that even if Marsha Blackburn's Trump America AI Act does represent the first step in a long process of actually having some kind of legislation with teeth, we're going to see all of these different tech bro interests trying to get in there to either take the teeth out or to find ways to use that regulation to their advantage, building a moat, so on and so forth.
But, you know, everything from SB 53 in California, which basically holds tech companies liable for me.
steve bannon
Joe, Joe, Joe, hang on for one second.
I want to get into details on this.
Short break.
Joe Allen, all things transhumanism, our editor here in the boardroom.
back in a moment.
unidentified
Here's your host, Stephen K. Baff.
steve bannon
Okay, on Christmas Eve, we're going to be live from Israel and from Rome.
We're going to be at Bethlehem.
Got a team there to see, talk to pilgrims and tourists, the few that are there, but also give you real insights into the birth of Christ.
So we're really looking forward to that from Bethlehem.
And Ben Harnwell is going to be live from Rome from right outside in St. Peter's Square from outside the Vatican.
So we're really looking forward to a very special show tomorrow.
We've been kind of working on it.
Joe Allen is a duty of care.
I want to give a concept for people to get to start working on a nomenclature and then talk to me about where they can go to find out more about your work right now on Blackburn and other bills are out there.
Hers looks like the most definitive, but there's a ton of work going on in the holidays.
unidentified
I want people to know where to go.
joe allen
Yeah, Steve, if the posse takes anything away from today's show, Duty of Care, this is a legal concept that if a company is putting a product out, then they have to run risk assessments to see if there are any predictable harms that their product could cause.
So, for instance, if you have a chatbot like ChatGPT and you know that it might seduce children sexually or seduce children into committing suicide, then you are then liable for eliminating that risk before deploying the product.
Well, we know right now that ChatGPT does in fact do this.
They know that the product does this.
And so in the absence of any legal framework or any kind of law or regulation that would hold them accountable, they get away with it.
So Marcia Blackburn's Trump America AI Act, in the very beginning of it, third section, they say that duty of care will be first and foremost.
Any company who is producing any kind of algorithmic system that they know could get kids addicted, could lead to AI psychosis, could lead to suicide, they will be liable for the harms done and they will be responsible for eliminating the harms before deployment.
I think this is one of many positive steps that government could actually provide in order to throw sand in the gears of the machine.
steve bannon
We don't need maybe 53 or some of those, but we need definitely even more of a regulatory apparatus than that.
And here's the thing: the tech bros are scared to death because they hired Fabrizio, who the numbers blew him out of the water, and now they're trying to position, oh, well, we're really the guys looking for the one federal standards.
That is a bald-faced lie, a bald-faced lie.
Twice you try to slide in here to have nothing but the anarchy and chaos that you're going to cause for your own greed and avarice and grab for ultimate power.
So we've thwarted that and we're going to thwart the rest of it.
I don't care how many hired guns like Fabrizio you hire.
We know his, both at Amfest and here, we know that overwhelmingly people want to make sure we get our arms around this and particularly on the on the AI jobs apocalypse.
Joe Allen, Dark Aeon, where they go over the Christmas holidays.
You're going to be back with us on Monday and Tuesday next week.
But over Christmas, where do folks go to get all your content if they have a slow moment and they want to catch up on some deep reading of a big topic, sir?
joe allen
Well, I would send them first to joebot.xyz.
I've got an analysis, a review of Marcia Blackburn's Trump America AI Act.
Try to break it down, put it in layman's terms, and bring out the most important elements of it and also some of the problems that I foresee.
Also, my social media at J-O-E-B-O-T-X-Y-Z and Dark Aeon.
Unfortunately, the signed copies are on hold while I'm traveling.
You can find it anywhere books are sold.
I recommend bookshop.org.
They may be a little bit lefty, but they are definitely human, unlike Amazon, where you have the option to pay with your palm.
steve bannon
Thank you, sir.
EJ Antoni, you're joining us.
I know it's a quick hit, but you were up this morning beautifully because they're trying to say, oh, it was government spending.
It's all this.
This 4.3% doesn't show that Trump's on the right track, everything.
But you rebut that.
What's the rebuttal, sir?
This is real growth.
ej antoni
Oh, Steve, 100%.
Look at, for example, federal government purchases in this report.
That's not going up this year.
It's going down at an annualized rate of over 2% reduction.
That's fabulous news.
Compare that to the four years under Biden.
That category of GDP was growing at over 2%.
So the idea that somehow this is all government, no, that's what we had under Biden.
This is real private sector growth.
Consumer spending is absolutely booming right now.
And if we look at a lot of the details of this report, Steve, it points to huge increases in productivity.
My guess is that has to do with people starting to use AI in their jobs and becoming more productive, getting more work done.
But whatever the case, it's definitely a solid number all around.
And I know some folks have tried to make hay over the fact that the investment number was essentially flat.
It was basically zero for the quarter.
But I think there's two reasons for that.
Number one, businesses have been drawing down inventory because they overstocked at the beginning of the year out of panic, and now they're having to draw down those inventories.
But number two, you're waiting on next year where I think you're going to see a big investment boom because of the tax bill.
And so people are waiting on essentially not just some, but all of the provisions to finally kick in.
And that's when I think you're really going to see investment take off, which, by the way, is exactly what happened during the first Trump administration.
They got that tax bill done the first go-around, and then you saw an investment boom, which led to a hiring boom and a real wages boom.
So all the dials are really lining up here, Steve.
Even when we look at international trade, we're importing less and we're exporting more.
Production is up.
That's a good sign.
steve bannon
Are you concerned?
Two things quickly, because you're labor economists.
Number one, I want to ask you about the overall numbers.
And are they right?
Because they're saying, hey, since he doesn't have a Bureau of Labor Statistics, these numbers are all half-cocked.
The AI and the productivity.
Is one of the reasons maybe wages are not rising as much as we want is that you're starting to see the beginning of AI, quote-unquote, as a productivity tool, but taking out human labor?
Are you concerned about that?
ej antoni
Not at the moment, Steve.
You're certainly going to have some jobs that are eliminated by AI, but you also have a lot of jobs that AI is being used to allow people to be much more productive.
And in those cases, you're actually seeing faster than normal wage growth.
And sure enough, what we've seen so far this year has been average earnings growth outpacing inflation.
And that's why people's paychecks are not only getting bigger, but on average, you can actually buy more with those paychecks.
And so it's, yes, it's absolutely true.
Some jobs will get eliminated by AI.
That's true with every single technology.
But at the same time, it's creating other jobs and it's making other workers more productive, which again is a good sign overall.
steve bannon
You were too MAGA for the Republican establishment to have as head of Bureau of Labor Statistics, although you told us for years what the problem was.
You're the guy who identified it years ago.
It's a problem.
Now they're all complaining, hey, you can't trust any Trump numbers because there's no real guys there.
Can you give us a minute on refuting that?
Because they're saying, oh, you can't believe any of these numbers because it's coming from Trump.
Your thoughts, sir?
ej antoni
Well, Steve, the people complaining about that had no problem endorsing the numbers, which, by the way, the methodologies are all the same.
Nothing's changed, right?
No one's actually gone in and cleaned house.
So if you were okay with the numbers under Biden and we're going to use the exact same methodologies under Trump, why are you all of a sudden not okay with them?
That makes absolutely no sense.
The big complaint that so many economists had under Biden was not even necessarily the methodology, but the fact that a lot of the numbers we were seeing, like GDP, like the jobs numbers, they were getting artificially increased, if you will, by government hiring and by government spending.
And so you weren't actually looking at real growth in the productive private sector.
We're looking at, again, just government growth, the government getting bigger, which does not mean more products and services for people to buy.
It just means more paperwork.
It means more busy work, essentially.
It means more expenditures without actually increasing output at all.
Today, we're seeing exactly the opposite.
So the complaint that people have really has nothing to do with any kind of empirical analysis.
It seems to be a purely political attack.
steve bannon
EJ, where do people go on your social media feed to get all this you're doing, brain analysis and putting up the EJ charts we love?
Where'd they go?
ej antoni
Best place to find me is on X.
The handle there is at RealEJ Antony.
steve bannon
Sir, thank you so much.
Merry Christmas, EJ.
ej antoni
Merry Christmas, Steve.
unidentified
Thank you for having me.
steve bannon
Rabbi Williki, I name-checked you from the main stage the other day about this effort.
You and Loomer starting to talk about this concept of Israeli Israel's sovereignty, its independence.
I know you get an issue.
Explain to the American people why we had these troops, 2,000 troops up in Syria.
A couple of Iowa National Guard guys got killed.
President Trump met the bodies on the dignified transfer.
We then went to a massive bombing the next day, I think, 67 targets, 100 projectiles.
But you're sitting there going, whoa, this is not actually helping Israel.
It's not helping you because the ISIS guys actually are allies of Erdogan, who last time I remember is going to take over the security force in Gaza with Qatar, who's writing a $200 billion check.
Make it make sense to me, Rabbi.
pesach wolicki
Well, you know, it's not good for Israel, but that's the least of the issues here, Steve.
Syria is a chaotic mess.
You know, the Jolani regime only really controls a central area of Syria, which is now coming under Sharia law.
And you have the minority groups, the Alawites in the northwest and the coastal region.
You have the Kurds in the northeast.
And then you have the Druze in the southern part of the country, who all are refusing to lay down their arms because Jalani's forces have been massacring them periodically.
And they know that there's no good life for them under the Ashara regime.
The Christians don't have their own militia, but the other minority groups are now working with them, the Maronite Christians, to get them some kind of arms.
And these minority groups are now all in communication with each other because the Ashara regime is threatening them.
And the Turks have moved in this week.
Two weeks ago, the Turkish foreign minister threatened the Kurds that if they don't absorb themselves under the Ashara regime and lay down their weapons, that they're going to move in militarily against them.
And then this week, over the last few days, there's been clashes all over the northern part of Syria between regime forces and these minority militias.
And the United States is running cover for Ashara when one of his guys, a jihadist, opens fire on American troops saying, no, it wasn't Ashara's guys.
Well, it was a guy.
He might have been a renegade.
He might have broken ranks with the official policy, but he was a member of Ashara's security forces.
So the entire Syria situation is very destabilizing.
The United States needs to course correct because they're backing the Turkish-backed al-Qaeda ISIS alumnus who is trying to impose his Sunni jihadist rule.
And you have these minorities, including the Maronite Christians, who are saying, wait a second, we want protection from this stuff.
steve bannon
In Miami, in Miami, on the Friday of Amphas, in Miami, Kushner and Witcoff are negotiating with Qatar, Egypt, and Turkey.
Isn't the United States starting to look at Turkey as the security partner for that region?
Am I missing it?
pesach wolicki
If the United States is doing that, they are going to have a rude awakening.
Sooner or later, it will come.
If you look at what's happening, I mean, this is really the problem.
Steve, Turkey is the muscle of the Muslim Brotherhood axis.
Qatar is the brains and the money.
Turkey is the muscle.
And they are looking, you know, Erdogan's open about wanting to restart the caliphate.
He's open about the fact that he wants to destroy Israel.
He says it all the time.
And now he's trying to suppress the minorities in Turkey.
That's why he wants Turkish troops on the ground in Gaza so that he can have a foothold on Israel's southern flank, essentially replacing what we had under Iran.
Before this war, we had Hezbollah in the north, Hamas in the south that was backed by Iran.
And now Erdogan wants to set up shop in the north.
He already has.
I mean, Ashara is a Turkish proxy, and he wants in on Gaza.
At the same time as all this is going on, these minority groups in Syria have all been in contact with the Israelis.
This has not been reported in the news, but Steve, I can tell you with full confidence, they've been in contact with the Israelis for security cover.
And the Israelis had a summit meeting with Cyprus for security.
steve bannon
We have to go to break.
I'm going to bring you back in wherever it is.
unidentified
Here's your host, Stephen K. Bannon.
steve bannon
Rabbi, you got a little cut off towards the end there.
You're saying that groups in the south are reaching out now to Israel?
pesach wolicki
Well, it's not just in the south.
The three main minority militias, which is the Alawites in the northwest, on the coastal, on the Mediterranean coast of Syria in the north there, and the Kurds in the northeast, and the Druze in the southern part of Syria, have all been in contact with the Israelis.
The Kurds and the Druze are openly being backed by the Israelis.
They all know what Ashara's regime is.
They've all suffered massacres at the hands of the Ashara regime since last year when the Assad regime fell.
And meanwhile, you have the Turks, who, of course, are the patron of Ashara, warning the Kurds that they're about to take military action against them if they don't absorb themselves into the Ashara regime.
And the Maronite Christians are now trying to organize a militia, and they're part of these minorities who are worried about these jihadists and these.
steve bannon
And these kind of banks are not.
pesach wolicki
And I want to have the Americans are diplomatically backing Ashara and wanting to bring all of these minorities under the Ashara regime.
This is a real problem, and it's going to blow up in Trump's face.
steve bannon
You've been arguing that one of the easiest paths here, I shouldn't say easy, nothing's going to be easy, but that it's time for Israel to say, hey, look, we don't need the $5 billion.
We don't need the support.
We just got to do it ourselves.
Because then, in your mind, let's just take Syria as one of many.
It wouldn't be the chaos that's there that you guys could put in good order and discipline.
Just give us a minute on that case and where can people.
You've got a great video up.
You've got a new piece up on Charlie Kirk in the Jerusalem Post.
I want everybody to get access to your content, but I am jammed for time.
Just give me the minute on what you're proposing.
pesach wolicki
Well, it's more than what I'm proposing.
There was a news item came out of the prime minister's office the other day, very well sourced, that Ron Dermer, recently resigned as strategic affairs minister, is now heading up a working group within Prime Minister Netanyahu's circle to draw down the U.S. aid to Israel to zero.
The current memorandum of understanding, which was signed at the end of the Obama administration, expires in September 2028.
And the new plan that Dermer is putting together would have no more U.S. aid to Israel and instead just engage in some joint investments on military technology and advanced weaponry, but no more aid to Israel.
The Israelis realize that, both from our side, that it compromises Israel's strategic decision making when the United States has so much leverage due to the aid.
We've seen that since the beginning of this war and right now, where Israel has its hands tied by the U.S. in terms of its operating in Gaza and elsewhere, Israel needs to be more independent.
So from the Israeli side, Prime Minister Nathaniel has been saying this more quietly in the past, but now getting louder about it, that we need to end U.S. aid to Israel.
It also will politically make a lot of sense in the current climate.
steve bannon
Dermer's a genius, but I just have to remind people, Dermer and the Prime Minister, who was the first one to put this forward.
I don't want to say Warhammer is Stephen K. Bannon.
We'll leave it there.
We're going to have you back on because this is monumental.
I want everybody to get your content.
Your videos you put up.
People may not agree with all of it, but you do lay out facts, right?
And you're writing this thing on Charlie Kirk in the post everybody ought to read.
So where do they go, Rabbi?
pesach wolicki
Absolutely.
So go to at RabbiPW on X. Visit the Israel365 YouTube channel.
That's the video Steve is talking about.
Three times a week, we put up reports, what analysis and news from Israel in the Middle East that you're just not getting elsewhere.
And go to Israel365Action.com.
And that's where you can really follow everything I'm doing and my writings at the Jerusalem Post, where I'm a regular contributor.
unidentified
I've got an author page there as well.
steve bannon
Thank you, Rabbi.
Appreciate you.
Thank you, sir.
pesach wolicki
Thanks, Steve.
steve bannon
Trevor, you're going to be with us on our Christmas Eve show, but give me a minute right now.
Where do people go for sacred human health?
Particularly people say, hey, maybe over the holidays, I'll figure out how to take better care of myself.
Where do they go?
trevor comstock
Yeah, good to see you, Steve.
So real quick, just a reminder, we still have our Christmas sale running.
So you can use code Christmas at checkout for 20% off any one-time order.
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And then once again, I encourage people to check out the reviews and just let us know if you have any questions.
steve bannon
Sir, you're great.
People just love going to the site.
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Thank you very much, sir.
See you tomorrow.
Taj Gil, this show has been too intense this morning.
I need a big old pot of Warpath.
Where do I go?
Tej, it's always good to hit that mute button.
Oops, there we go.
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unidentified
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steve bannon
And we've got new Christmas bugs.
glenn story
We got off salted caramel.
unidentified
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steve bannon
So we've got all the Christmas stuff up right now to 25% off.
glenn story
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unidentified
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glenn story
People love this coffee.
unidentified
Okay.
steve bannon
Warpath.coffee, go there today.
Peppermint mocha.
I'm going to have to talk to you after the show, but I'll see you tomorrow.
Taj Gil, warrior slash baristo, gunman slash barista peppermint mocha, dude.
You're messing with my head.
I know it's a big seller.
Mike Lindell, I just want to tell the audience, brother, you're up 30 points, I think, in the primary.
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Sell me a pillow, brother.
mike lindell
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steve bannon
Mike Lindell.
See you tonight, sir.
Charlie Kirk shows next.
Poso, Gruber, bowling.
Then back.
We're live at five o'clock.
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