Bannon's War Room - October 06, 2022


War Room Special Presentation


Episode Stats

Length

48 minutes

Words per Minute

184.58961

Word Count

9,038

Sentence Count

731


Summary


Transcript

00:00:00.000 If it's Tuesday, it's not an ordinary Tuesday. This is a special edition. Meet the press daily.
00:00:06.560 Meet the midterms. Midterm election. Midterm. Major midterm election. Midterm correction. Midterms.
00:00:13.280 Motivation controls midterms. The fight for control of Congress,
00:00:17.000 governors' mansions and state houses coast to coast is now underway. The barriers they put in
00:00:22.600 our way are not going to stop us from getting our way. Can Democrats turn the tide as Republicans
00:00:28.940 bet on a big wave. I think you're going to see a big, big victory for Republicans in the midterms.
00:00:36.440 At stake, not just the Biden presidency, Democrats argue, but democracy itself.
00:00:43.740 Will the voters agree? I'll allow no one to place a dagger at the throat of democracy.
00:00:49.140 We are the United States of America. It's time to meet the midterms.
00:00:54.620 There's no way for Democrats to change this trajectory. Are they going to rely on Trump to
00:01:02.200 do it for them? Here's some of my interview on Meet the Press from Sunday with House Majority
00:01:06.120 Whip Jim Clyburn. What do you need from the president to improve Democrats' chances in 2022?
00:01:13.120 I think he's on message. Stay on message. Don't let people get him off message. You know,
00:01:21.460 my father was a fundamentalist minister. He used to say to me all the time, son,
00:01:25.120 the darkest hour of the night is that moment just before dawn. So yes, things may look dark. Keep
00:01:34.860 pressing.
00:01:35.500 As we know, John McCain had his own version of that when he'd say it's always darkest before it
00:01:43.180 goes totally black. It was him apparently, or at least trying to make a joke in quoting Mao.
00:01:49.260 The question is, is this dark on its way to light? I want to show you something that we're unveiling
00:01:55.780 here. We're calling it the Meet the Midterms Dashboard. And what it's going to tell you is that
00:02:00.500 it's going to tell you what shape, where are we headed for the party in power? We have four columns
00:02:06.420 here, shellacking, as you can see, previous midterms, 2010, 2014, 94, 06, all midterms where
00:02:12.840 one party, the party out of power, picked up seats in both chambers. 18, just missed being a shellacking
00:02:19.600 because Republicans, while they lost a bunch of House seats, picked up a Senate seat there. And then
00:02:24.600 98.02 were places where the party in power actually picked up seats. So I'm going to show you
00:02:29.480 how we determine this and how you can follow national poll numbers. Basically, there are
00:02:34.260 three poll numbers you can follow nationally that will tell you the likely shape of these
00:02:38.860 midterm elections. It's direction of the country, right track, wrong track, the presidential job
00:02:42.740 rating, and the generic ballot. Let me just show you what these numbers were in sort of three
00:02:48.620 different types of election cycles. I'll start with what a good election cycle for a party in power
00:02:53.680 is. This was President Bush's first one right after 9-11. The wrong track was under 50%. A majority of the
00:02:59.400 countries thought we were heading in the right direction. Presidential approval over 60%.
00:03:02.400 The generic ballot, the Republicans had a one-point advantage, and look what it turned into.
00:03:06.480 They picked up a Senate seat, which of course gave them the Senate, and they picked up eight
00:03:11.580 House seats. Now let's go to what President Obama called a shellacking, if you will, and that was in
00:03:18.720 2010. Look what happened here. Wrong track, well over 50%. 60% wrong track number. Presidential approval
00:03:24.360 was sitting at 45%. Congressional preference, Republicans plus two, and look what it turned
00:03:28.660 into. 63 House seats for the Republicans, six Senate seats. They came up short in the Senate,
00:03:33.660 so it was a sense of surviving. Now let me take you to 2018, which I hinted at before. You can see
00:03:38.980 these numbers. Wrong track, a little below what it was in 2010, as you saw there. 54%. A majority
00:03:44.140 thought we were heading the wrong track. Presidential approval was at 46%. It actually ticked up for
00:03:48.500 for Trump a little bit. Maybe the reason why Republicans survived in that midterm in places
00:03:53.880 like Georgia and Florida. Congressional preference, they're D plus seven, and it led to those
00:03:58.500 House seats. So all that, I give you all that background so that you can see where things stand
00:04:03.420 now. Our most recent NBC Wall Street Journal poll, excuse me, the NBC News poll, at the end of last
00:04:08.540 year, and I'll show you where things were. So on direction of the country, 70% wrong track. That's
00:04:13.940 in big-time shellacking territory. You look at the presidential job rating as of our last poll here.
00:04:20.660 Hang on a minute. And as you can see, his approval's sitting at 42. Again, that would put Democrats in
00:04:25.980 shellacking territory. And let's take you to the generic ballot here. Here are the Democrats plus
00:04:30.440 two. That puts you somewhere in no man's land. A lot of strategists will tell you Democrats have a
00:04:35.380 anything three points or less for Democrats probably means Republicans pick up seats. So they need to be in
00:04:41.440 that five, six, seven-point advantage for them to be in that area. We're going to have another NBC
00:04:47.840 News poll coming out by the end of this week. We will update this. But as you can see, those are
00:04:52.340 the three numbers. And right now, two of the three that we track are sitting there in shellacking
00:04:58.320 territory. So. Big-time shellacking from the lips of Chuck Todd on the flagship on MSNBC and NBC's
00:05:07.700 flagship political show, Meet the Press, with all the great music at the front. Tim Russert's show. It's been
00:05:14.920 around, I don't know, 50 years. The flagship show. He goes through analysis. As you know, being part of the
00:05:20.040 war room posse, those numbers are even worse because what they did, they took the blended, which is the average.
00:05:25.680 When you break out the independents, it gets even worse. Big-time shellacking when you look at two of the
00:05:31.740 three indicators they've got. So we're going to get more of that. Meet the Press. Following the
00:05:37.600 war room kicked off today. Chuck Todd kicked off his midterms, his midterm coverage. And this is going
00:05:43.000 to be intense, as we called it on January 1st. We said this is the valley of decision for the entire
00:05:48.540 country. Not just this election, which this election is going to be absolutely vital and important.
00:05:54.760 Chuck Todd, I think, said it's the most important midterm election, at least of this century and probably
00:05:59.200 more. Okay, you're in the war room. It's Tuesday, 18 January, year of our Lord, 2022. We've got a lot
00:06:04.460 of breaking news today. We've got to chop a lot of wood, so I want to go to immediately. I had a
00:06:08.780 whole rant on midterms. We're going to have to put a pin in that. We're going to come back to that.
00:06:12.860 I want to go up to the Commonwealth of Pennsylvania and President Pro Tem of the Senate, Jake Corman.
00:06:18.860 Jake joins us today. Senator Corman, you sent a letter to the House of Delegates or House of
00:06:26.140 Representatives in the Commonwealth requesting they move on the impeachment of the District
00:06:32.300 Attorney of Philadelphia. It's a pretty dramatic move. What's going on?
00:06:39.040 Yeah, look, it's fairly unprecedented, and it's a sorry state that I had to take this position.
00:06:44.460 But we have a crisis in Pennsylvania of crime. Philadelphia broke an all-time record of murders
00:06:49.800 this year. Over 560 people were killed on the streets of the City of Philadelphia last year.
00:06:57.600 You know, there's just lawlessness everywhere. Petty crimes aren't being prosecuted anymore. It's
00:07:02.900 hard to have a business in the City of Philadelphia. That crime is now moving out, migrating out into
00:07:07.460 the suburbs. And you just have a district attorney who has the belief that he shouldn't be prosecuting
00:07:12.420 crimes. You know, 20% of the violent crimes committed with a gun were not prosecuted this year,
00:07:18.940 or only 20% were prosecuted. And of that 20%, less than 10% actually came up in a conviction.
00:07:25.980 So it's just a culture of violence in the City of Philadelphia. You know, I take this step very
00:07:32.260 carefully because the DA was just re-elected last November, and you like the voters that take care of
00:07:37.040 this. But the residents and the visitors and the people who work in the City of Philadelphia are
00:07:41.340 citizens of the Commonwealth. And if the district attorney and the local officials aren't going to
00:07:45.220 protect them, then the state needs to step in. And so I think by the House beginning impeachment
00:07:51.000 proceedings to begin to look and investigate this district attorney and his policies and how it's
00:07:57.160 led to a culture of crime, we had a young woman, or I should say a grandmother, who said she now has
00:08:02.060 to teach her children how to drop, roll, and stay down every time they hear a gunshot. Now, imagine that
00:08:08.300 in America today. You know, we're not talking about Afghanistan. You know, we're not talking about
00:08:11.840 Iraq. But in America today, grandparents are teaching their grandkids to drop, roll, and stay
00:08:17.660 down when they hear gunfire. That is a scary situation that we have in Philadelphia, and it
00:08:23.560 takes leadership to change, and that's what I'm trying to provide.
00:08:27.280 I saw where I think his name is Milan Loncor, was a young man who lived near Temple University,
00:08:32.620 a recent graduate engineering student, was walking his dog and stopped by a couple of assailants.
00:08:37.560 They checked his pocket. I think he had his cell phone, was gunned down in cold blood. It turns
00:08:40.960 that one of the assailants, or at least alleged assailants, had just been incarcerated under
00:08:47.620 suspicion of a violent crime but let out for a de minimis bail. Is that also part of the problem?
00:08:52.280 Yeah, I mean, you had 100%. Look, you had a carjacking that this person was with a gun. This
00:08:59.520 person was accused of. The DA let him out. And so what happens? He does it again, and he kills the
00:09:05.140 student. You know, here you are, you're a senior in college. You're just about ready to start the rest of
00:09:08.700 your life. You're coming back to Philadelphia from break. I was a Temple student at one point in
00:09:13.520 time. You know, I have a daughter in college. How do we justify this to his parents? That, you know,
00:09:20.140 we had the perpetrator in custody, and the DA decided to let him out. It's just an unexplainable
00:09:27.360 situation and just a tragic situation. But, you know, I would imagine every one of those 560-plus
00:09:33.040 murders that took place over the last year all have their own tragic story. And this district
00:09:38.200 attorney has said publicly, we don't have a crime problem in Philadelphia. Former mayor of
00:09:42.200 Philadelphia, Democrat, African-American Michael Nutter really took him to task in an op-ed piece,
00:09:47.600 essentially accusing the DA of white privilege, that, you know, because these were black and brown
00:09:52.740 kids were being murdered, that he didn't care. So it's not just Republicans. It's Democrats as well
00:09:57.680 to think this DA has just made a culture of violence in Philadelphia, which is ruining the
00:10:03.120 city. He's an elected official. So I know people, particularly you're in a race to get the nomination
00:10:10.280 for governor. The attorney general is Attorney General Shapiro. People might say, hey, this is
00:10:14.980 Senator Corman playing politics. Did you reach out to anybody on the Democratic side? Did you think
00:10:20.380 about holding hearings? I mean, it's a pretty dramatic move for the president pro tem of the Senate to
00:10:24.960 send a letter to the House to say, hey, you guys get off the dime here and let's, you should start,
00:10:30.140 look at the evidence, look at the facts and start, start impeachment proceedings against an election
00:10:35.780 official in a city like as big as Philadelphia, one of the biggest cities in the country and most
00:10:40.100 important cities in the world. Did you reach out to anybody? Was there any process or this just,
00:10:44.200 you had enough of it? Before I did this, before I did this, I talked to a lot of legislators both in
00:10:49.320 and around Philadelphia before I moved on this and, and they were all very supportive. They know what
00:10:54.240 this community has become. Look, this is a very public process. It's a very public process that,
00:10:59.540 you know, the House begins it. You know, they'll do their investigation. They'll hold, you know,
00:11:03.820 their process or ultimately file articles of impeachment. Once they are ultimately passed by
00:11:08.920 the House, if they are, it comes to the Senate for a trial and we'll need two thirds of a vote. So
00:11:13.360 we'll need Democrats to vote to ultimately remove this DA from office. And, you know, I would just hope
00:11:18.480 the Democrats look at this as, you know, are we protecting sort of the, the, um, progressive
00:11:23.980 movement, which everyone's scared of in the Democratic Party, or are we going to protect
00:11:27.120 our communities? Because clearly, clearly, I mean, almost two thirds of the employees of this district
00:11:32.760 attorney's office have left since he began as mayor. Now imagine that two thirds of the attorneys
00:11:37.440 of the DA's office almost have left, uh, employment of the DA's office because of the culture that he's
00:11:43.480 created. Uh, you know, so, you know, you just bump them down the line. It's, it's, it's, it's a bad
00:11:47.780 situation. This is a drastic step and one I don't take lightly, uh, but one that I thought, uh, was
00:11:52.880 necessary. Is this DA, one of the DA's has been sponsored like in New York city and like in Los
00:11:59.120 Angeles. And now we're finding the state of Texas with this election. Is he, is he, is he sponsored
00:12:04.920 by sport? Is this a source guy? Yes. I mean, he, he ran on that platform four years ago. He won
00:12:10.760 reelection, unfortunately. Uh, but you know, and again, we've always been very respectable of the
00:12:15.740 voters and this was their decision. Uh, but you know, this, this situation has gotten to such a
00:12:20.460 crisis and if people want to play, tell me I'm playing politics, I'll wear that as a badge of
00:12:24.540 honor, as long as it brings, uh, attention to this situation. We are in a crisis, uh, in Philadelphia.
00:12:29.780 And as I said, it's migrating out past Philadelphia to the suburbs. And as you said, I mean, now you're
00:12:35.000 seeing, you know, in Manhattan, you're seeing in other states and people have to realize what the
00:12:39.280 consequences are of these types of policies. Uh, the consequences are just terrible. They're
00:12:43.680 tragic situations all over the place. Uh, and it's time that we bring attention to it time. We put
00:12:48.600 this on public display, uh, through a hearing process, uh, through ultimately a trial, hopefully
00:12:53.500 in the Senate. Uh, and so everyone can see what, what these policies and what these types of things
00:12:58.020 are doing to Philadelphia. So hopefully it doesn't happen to other places around the country as well.
00:13:02.300 Did you, you would think, and I understand the structure in Philadelphia and the Commonwealth is
00:13:06.040 different, but did you reach out to attorney general Shapiro? I mean, in the
00:13:09.260 natural order of reporting up and I understand technically it doesn't, but isn't this fall
00:13:13.660 into the bailiwick of attorney general Shapiro? And have you had a conversation with him?
00:13:17.860 Uh, I have not had a conversation with him a couple of years ago. We gave the attorney general,
00:13:21.940 the ability, uh, through legislative statute to go in and take jurisdiction over cases in Philadelphia.
00:13:27.640 Uh, if he deemed appropriate, uh, he has not taken any action on that. He's never gone in and
00:13:32.540 exercise that power. Uh, we've had us attorneys go in, uh, and take jurisdiction, uh, to try to get
00:13:37.920 some convictions, uh, in the city of Philadelphia, but to date, the attorney general has not exercised
00:13:42.620 that actually that authority has run out. And we talked about whether we should renew it. Uh,
00:13:46.420 but he never, but since he never exercised his power, we didn't feel, you know, what was the,
00:13:51.200 what was the purpose of renewing it?
00:13:53.280 We only got a minute here, but real quickly, you, you made it seem like the house is actually
00:13:57.100 going to already, are you certain, do you have information? Is the house definitely going to
00:14:01.520 move on this? You just, yeah, I don't want to speak for the house. I've had conversations
00:14:06.160 with house members. I've had conversations with house members who are drafting articles
00:14:09.160 of impeachment. Uh, but ultimately that'll be a house decision. I, I certainly hope, uh,
00:14:13.320 that they will. Uh, my letter was to say that I think this is, this situation has become a crisis,
00:14:17.780 uh, and I think they should act and ultimately it'll be their decision.
00:14:21.240 Yeah. Okay. Senator Corman, real quickly, how do people find you on social media? How do they
00:14:25.040 find to find out about more about you in this situation?
00:14:27.380 My website is SenatorCorman.com, Facebook, Senator Jake Corman, and on Twitter at Jake Corman.
00:14:33.200 Senator Corman, thank you very much. We'll be following this closely.
00:14:37.080 Thanks, Steve. Good being with you. Take care.
00:14:38.640 Thank you, sir. Short commercial break. We're going to go to, uh, Mesa County, Colorado.
00:14:45.040 The election official, Tina Peters in the war room. Next.
00:14:48.340 It's simply, there was no place else for money to go, but a stock market. And so, so at some
00:15:06.460 point it's a game of Steve, a musical chairs where at some point, uh, the big short starts
00:15:11.580 and now, now hang on January, 2021. I said, this would be the year of big shorts two weeks
00:15:18.180 ago on this show. And we're going to get a clip of that for the five o'clock show. I said, I'm
00:15:23.200 going today. I'm going short on this market. Okay. So, so this band is war room. Okay. Is, is,
00:15:31.100 if you can, you can choose to watch CNBC, Bloomberg or Fox business or Bannon's war room. And this
00:15:38.940 is the only place where you got a short call. Okay. So that was from, uh, your original call
00:15:44.560 is back on November 11th. Let's walk through this. What, what, what happened today? Bottom
00:15:48.800 falling out of the market. For what reason? I want to walk people through the, cause we're
00:15:52.740 trying to teach people how capital markets relate to government finance and how that relates
00:15:57.600 to their lives. Since you're paying for it, ladies and gentlemen, this is what I want you
00:16:02.500 to embrace. It's your money. And with money comes power. And with power comes control.
00:16:08.560 Are we all set on this? We're going to connect one data for the other. The thing that has
00:16:12.300 happened is that people haven't told you you've had power. You have all the power and, and they
00:16:17.660 don't want you to understand this because they don't want you to use that power. You have all
00:16:21.460 the leverage. Goldman Sachs, M and a department one-on-one who has the leverage in a transaction
00:16:26.040 in a deal. It would be you deplorables awaken to your own power. Peter Navarro, what's happened
00:16:32.700 here? You and Cortez back at the, at the, we'll come up on one year anniversary. I think Thursday
00:16:37.180 of this illegitimate regime. And you guys called it that afternoon about stagflation. But now
00:16:43.360 we're seeing the reality of it and it's hitting capital markets. Walk through what's going
00:16:46.720 on. Yeah. November 10th, called a short on the market. Basically, Steve, the principle
00:16:53.720 here is that both the stock market and the bond market are leading indicators of where the
00:16:59.780 economy's going. So for example, when you have the stock market begin to go down, that's going
00:17:07.220 down on an expectation of lower earnings because of slower growth. That's the stag part of stagflation.
00:17:13.820 When you have bond prices plummet, interest rates are inversely related. So bond prices down
00:17:21.680 means interest rates up. That's signaling the inflation part of the stagflation. So all we're doing
00:17:28.960 here, Steve, is like when Cortez and I back in January say that there's going to be stagflation
00:17:35.100 over a year ago. And then November, I make the market call. It's basically everything's coming
00:17:40.560 along. It's a Biden inspired crash. Biden unwound the Trump policies. That's going to slow growth down.
00:17:49.520 Congress and Biden are spending way too much money and being accommodated by the Fed. That's going to
00:17:54.820 drive inflation up. This isn't rocket science. The problem with the financial news networks,
00:18:01.460 both Fox Business and CNBC as well as Bloomberg, they never want them to say the S word, the short
00:18:07.420 word, okay, because it's a big cheerleader for equity markets. But when you see Goldman Sachs drop
00:18:12.800 8%, the Dow dropped 500 today. And by the way, since I made that call on November 10, both the Russell
00:18:20.460 and the NASDAQ went down very, very significantly, the Dow and S&P 500 have been kind of like
00:18:27.820 hovering. Now it's like, boom, Katie, bar the door. So this is a Biden engineered crash that is coming.
00:18:35.820 It's a slow motion train wreck.
00:18:38.120 I just want a couple of things people understand. When he talks about the Russell index, that's that,
00:18:42.620 I think they take every stock that probably trades. Small caps.
00:18:44.460 That's small caps. That's every, that's every 2,000 companies. Yes. Small caps. You got the S&P 500,
00:18:51.940 which are the top, top ones. You got the Dow, which is the industrials. And then the NASDAQs is all the
00:18:57.940 tech, the Amazons and all of that stuff. And, and what you're seeing now is each of these markets have
00:19:04.540 taken turns that the, the techs and the small caps led the way from my market call in terms of going
00:19:11.120 down. Now the big caps, the Dow is catching up to that. But look, the point here for your,
00:19:17.600 for your viewers, I'm not giving financial advice here. What I'm telling you is an economic forecast
00:19:23.180 based on the stock and bond market. And, and Steve, the other subtle thing here, a little
00:19:28.860 Econ 101, you don't often see bond prices and stock prices go down at the same time. They're
00:19:36.340 typically inversely related because if stock prices are going down, that's recession. That means
00:19:42.540 interest rates are going down and bond prices are going up. The fact that that's not happening here
00:19:47.460 is the strongest signal of stagflation because stock price is down, stagnation, bond prices down,
00:19:56.160 inflation go down at the same time, stagflation forecast.
00:20:00.340 Um, write that in English. I can't understand it. My producer's handing me something. Um,
00:20:07.400 I want to people also, but here's the more fundamental thing for people in the audience
00:20:10.680 right now, other than capital markets, because capital markets are reactive to this. You've
00:20:15.520 had these cheerleaders like Jim Cramer and others, Jamie Dimon up there cheerleading for Biden's
00:20:21.660 economic plan, which we've said is a disaster. And, and Cramer was on TV saying the greatest economy
00:20:27.060 in his life, in his life, just a couple of weeks ago, this is right now, get all at $85 a barrel,
00:20:34.020 right? They're, they're about to announce the, uh, they're, they're going to redo the forecast for
00:20:39.120 the first quarter, a slowing of GDP. They just, you could see the hint of that yesterday. The reason
00:20:43.680 Goldman Sachs is so important of missing their earnings. Why is that important? Why do we focus
00:20:47.680 on that? Because in this complex financial capital market driven world, who would have a better
00:20:53.580 understanding of it than Goldman Sachs when they miss earnings that badly? That is a bad. So
00:20:57.840 everybody in the world, capital markets, and they're going, Hey, if the Goldman guys missed it this
00:21:01.600 badly, it's worse than we thought. Okay. That's why the stock's off so much. You have every indication
00:21:07.720 right now. Yeah, go ahead. Let me say one thing about your alma mater here. It's like when, when
00:21:13.220 expectations are missed, that's not Goldman inside Goldman missing the expectations. That's the
00:21:20.340 analyst watching Goldman. You can bet your sweet bippy that the people inside Goldman knew exactly
00:21:27.860 what was common and they were probably taking appropriate countermeasures inside. I'd love to
00:21:34.260 see what they were doing in their own portfolios, but Goldman, look, let's be clear about Goldman Sachs.
00:21:39.720 I know you worked there at one point, you got the hell out of there. Uh, and God bless you for that.
00:21:44.640 But Goldman is the big offshore in the sky. Goldman is why we have fragile rather than resilient
00:21:52.500 supply chain. So nobody should shed a tear, uh, for, for Goldman Sachs. I think the bigger problem
00:21:58.920 here is that what we're seeing now is an across the board macro collapse. And I go back, I always love
00:22:06.640 to go from the micro up here. We are in Washington, DC, Steve mural mural, Muriel Bowser. The mayor has
00:22:14.460 killed, killed this city. It's like a neutron bomb has hit this place. There's nothing going on. You go
00:22:21.120 to the safe way. There's no food on the shelf. You go to a restaurant, backs cars. You've got
00:22:27.300 stores that are saying we're closed here for the next two hours. Cause we don't have staff. And this is
00:22:33.100 all vax mandates. It's just, just Biden incompetence and Muriel Bowser incompetence,
00:22:39.940 you know, Chicago, New York, all of our major cities are creating these service sector refugees
00:22:46.240 that are going to have nowhere to go. And the markets are catching up to all of this.
00:22:51.500 By the way, the housing market's the next one to roll over.
00:22:55.120 Big time. There's interest. Let's play. Can we play the supply chain thing from CNBC to
00:22:59.280 reinforce what Navarro's told us here? CNBC.
00:23:03.740 China's going to do what China's going to do in terms of imposing restrictions,
00:23:07.040 but how much of this could be at least positively impact by moves that the Biden administration takes?
00:23:15.260 I think there's limited possibilities for the Biden administration to solve this problem. Look,
00:23:19.440 what determines prices are the goods on the shelves, the goods back in the warehouse
00:23:23.220 and the goods on the way from the manufacturer. All three of those things are challenged right now.
00:23:28.280 And so until we build up inventories in the warehouse or from the manufacturer,
00:23:32.620 we're going to have some trouble with prices. It's the reason why the Fed has pivoted,
00:23:37.380 the Federal Reserve has pivoted, now sees Omicron and virus outbreaks as inflationary. Before they
00:23:43.320 were worried about the idea that, hey, it would reduce demand. That's not the problem. The problem
00:23:47.780 is it reduces workers. It keeps goods from getting to the stores. And so right now, what that means is
00:23:53.480 the Federal Reserve is more concerned about inflation. They're going to raise interest rates more this year,
00:23:58.280 one of the reasons why the market this morning is taking it on the chin.
00:24:02.040 This is about the supply.
00:24:02.860 Why don't they watch the war rooms? You've been saying this stuff for a while.
00:24:08.080 Yeah. Hang on a second. Hang on a second.
00:24:10.280 Carnwell's reporting. You're talking about the spread of Omicron into the port cities of China.
00:24:15.760 The zero hedge with the mother of all supply chain tsunamis is coming. CNBC's finally awoken to that,
00:24:22.060 and now they're nervous. Peter Navarro, give us a minute on supply chain,
00:24:26.000 on this inflation, on the firestorm of inflation. It's just not demand pull by the overprinting of
00:24:31.540 money and spending. It is also on the demand, on the push side, on supply side, which you call
00:24:37.100 the broken supply chain, sir.
00:24:39.220 Well, the universal vax policy was like a death blow at the worst possible time for the supply chain.
00:24:46.280 And it began months ago because you had truckers, you had pilots, you had warehouse workers.
00:24:54.020 A certain fraction of that workforce simply would not cooperate with the universal vax policy.
00:25:01.780 And you have like threshold effects. If suddenly in a port, things are piling up,
00:25:07.440 it becomes impossible to unpile them. That's where we're at now.
00:25:11.580 What we've got is where it's coming at us from China now. Tianjin, I can't emphasize how big that
00:25:18.280 port is and how important that port is in terms of the export machine that's called China. And what
00:25:25.120 I see as kind of the next shoe to drop is China is going to begin to protect their own supply chains.
00:25:32.280 They're not going to be shipping us parts so factories can produce here at all. They're going to keep it
00:25:37.260 all there. That's going to exacerbate everything else that we've got. And by the way, this whole
00:25:44.320 Olympics thing, it's absolutely critical that those Olympics get canceled right now because what's
00:25:51.800 going on there? I think Macbeth said it first and Bannon said it second. Something wicked this way
00:25:58.740 comes. There's something really, really bad going on in China right now with some kind of mutation,
00:26:05.180 it looks like. And that's why Beijing is freaking out and closing everything up. You can't get a
00:26:11.700 flight now from the United States to China because you're fearful of what's going on.
00:26:17.760 This is unprecedented, Steve. Unprecedented.
00:26:20.180 You overruled Fauci. You overruled Fauci. Real quickly, how to find you on Getter, the Twitter
00:26:24.880 killer?
00:26:26.280 Real P. Navarro, and it is the Twitter killer. Twitter stock is down since Getter debuted in July.
00:26:33.480 It's gone down from something like 70 now to 35. So the markets tell you the truth.
00:26:40.680 Okay. We got a bounce. Fantastic call. Go back to work. But we'll pull you back out tomorrow morning.
00:26:46.880 Yeah, this is not a vacation, Steve. I'm getting a tan from the lights.
00:26:51.980 Senator Roger Marshall next on Tony Fauci in the war room.
00:26:55.200 War room pandemic with Stephen K. Bannon.
00:27:03.900 The epidemic is a demon and we cannot let this demon hide war room pandemic.
00:27:09.700 Here's your host, Stephen K. Bannon.
00:27:12.180 Support the army piercing shell that is Mike Lindell. Support the war room apparatus. Go to
00:27:19.960 mypillow.com. Promo code war room. 50% off the annual betting sale. Everything to keep you warm
00:27:26.620 during this cold snap. And also now the overstocks. Overstocks are not going to last forever. Go there
00:27:31.880 today. Mypillow.com. Promo code war room. You got towels. You got these overstocks are amazing.
00:27:35.920 That's because Mike Lindell has been running around the country trying to get to the bottom
00:27:39.920 of three November. Okay. I want to go back to Gates. One of the fire breathers. Big story.
00:27:45.120 You know, we had Liz on here in the key. And I want to make sure the audience understands
00:27:48.500 because I understand there might have been. It's not that we're going to win 100 seats.
00:27:51.960 We're going to add 100 seats. We're going to add 100 seats to the Republican Party right
00:27:57.460 now in the House. However, overwhelming, overwhelming majority, a realignment like 1932.
00:28:04.180 What Liz was talking about was the Tea Party revolt of 63 seats in 2010 that came off Obamacare.
00:28:11.500 But she's right. The people, by and large, got co-opted. Let's be honest. That's why not
00:28:15.100 a lot happened until Donald Trump came on the scene a couple of years later. But now we're
00:28:19.220 talking about 100 seat increase. And what they're freaking out about, it's called these articles
00:28:23.180 are called the hardening of the right or the hardening of the Republican Party because
00:28:28.440 of the right. And who's up there? It's Gates. It's MTG. It's Jim Jordan. People, there's
00:28:33.660 no more time for games. But Sobek right now is saying it's not the managed decline of our
00:28:37.720 nation, which Trump won on in 16. This is a free fall. This is a free fall. And like
00:28:43.640 a wounded animal, they're only going to get more dangerous as they get cornered and start
00:28:47.860 to bleed out. And we said that's what we stood in the breach here after last January 20th,
00:28:52.300 last year. If you stand in the breach, continue to hammer their illegitimacy, they're going
00:28:56.360 to bleed out political capital and they're going to be able to do nothing. And that's what
00:28:59.700 they've accomplished now. Zero. But now in the Ukraine and other places, they're going
00:29:04.000 to try to get us into a shooting war to try to be big shots and be on TV 24-7. Richard
00:29:08.560 Engel told you everything. The lead correspondent for NBC News told you on Friday on Chuck Todd's
00:29:15.360 show, and we cut it for you guys. He said, hey, there's really nothing going on here. Restaurants
00:29:18.860 are open. Bars are open. People think this is kind of the Western media doing this. Richard
00:29:22.280 Engel, not the war room, said that. A guy that's warned us about the Patriot Act, warned
00:29:28.320 about these things that were passed by Republicans. That could be turned against people. And they
00:29:33.340 have been turned against because now we have a national security state who have already
00:29:37.520 said the number one problem they got is domestic terrorists. Moms and dads going to school boards
00:29:42.000 to stop the poisoning of their children. That's the number one problem. Not the Chinese Communist
00:29:47.200 Party, right? Not to try to the Chinese Communist Party in this war, in the economic warfare,
00:29:52.800 information warfare, cyber warfare. No, it's not that. It's domestic terrorists. That's
00:29:56.500 the biggest problem we got. Matt Gaetz has been a guy. Gaetz, Matt, real quickly, I want to make
00:30:01.020 sure people understand this horrific story about trying to extort you and your father and your
00:30:05.700 family for this and the connections to the deep state or the administrative state of Zykox is not
00:30:11.260 deep. It's in your grill because they try to memory hole this. I just want to make sure people
00:30:15.360 understand because you kind of said it in passing. But I want to make sure people understand because
00:30:20.000 you're a target. They're definitely coming. They got to take you out. They got to take MTG out.
00:30:24.080 They got to take Jordan out. They know they got to take the people out there. Trump,
00:30:27.340 they know they got to take people out because you're at the vanguard of holding them accountable.
00:30:32.300 And when Matt Gaetz's theory of government and the left wing media that covers this can just suck on
00:30:36.720 it, every day is going to be a hearing. Every committee is going to be an oversight committee.
00:30:41.280 Matt Gaetz. They're trying to take me out. They've indicted you twice, Steve. They're trying to take
00:30:46.340 you out because they know the war room posse is activated to actually go and get this country
00:30:52.300 back realigned and back on the right track. Now, there is a pattern that is consistent
00:30:57.920 through the Russia hoax, through the Ukraine matter, through my matter, through January 6th.
00:31:03.980 And that is that you have these gray operators that are adjacent to the intelligence community,
00:31:09.560 former intelligence community people, folks who have that access to the network. And then they go
00:31:15.620 and activate other people to cede a lie or engage in an activity that then gives the national security
00:31:23.040 apparatus the authority to do something that they wouldn't otherwise be able to do. In the Russia
00:31:28.360 hoax, that was the series of lies that were activated by Christopher Steele, by Glenn Simpson,
00:31:35.440 told by Russians. In Ukraine, it was the whistleblower activating Vindman. In my matter,
00:31:41.080 there is someone literally sitting in prison now for trying to extort me and my family on a pile of
00:31:46.800 lies, but he was not acting alone. I'm starting to wonder whether or not what they tried to do to me
00:31:52.720 was extortion or an operation. And more and more, it looks like an operation because the very person
00:32:00.600 that was coordinating with the person who's now in prison is a guy named Bob Kent. He's a member of
00:32:06.600 the intelligence community, former Air Force intelligence officer. And then they even had a
00:32:10.800 former DOJ official involved in this endeavor. And so I'm glad the American people were able to see
00:32:16.600 through it. I'm focused now on this important work ahead when we seize power, because while you're
00:32:21.680 right, this may be a monumental swing for Republicans. It will only matter for our constituents if we make
00:32:27.800 it worth something. And the members of my party who think that we can take control and then go and
00:32:33.540 do a feisty broadband bill with Joe Biden or help him advance his infrastructure agenda are totally
00:32:39.720 disconnected from what our people want. We have to turn every committee in the Congress into an
00:32:46.340 oversight committee. I would give every agency of the Biden administration a colonoscopy. And you know
00:32:52.540 what? I'd commit that we're finally giving Hunter Biden a damn subpoena. I'm tired of listening to
00:32:58.260 Lindsey Graham go on Hannity and say, oh, next week, you know, we'll have Hunter Biden in. No, no,
00:33:02.740 elections are about making new promises to your voters and then keeping them in order to build
00:33:09.800 trust. And the promise we need to make to people is that we are going to expose these fundamental
00:33:14.620 truths with aggressive dogged oversight. But to make that happen, we must jettison the seniority
00:33:21.240 system of selecting committee chairman. The greatest nation in the country, the greatest political
00:33:26.240 movement of our time cannot exclusively be run by a gerontocracy. So get the silver haired valets for
00:33:34.020 lobbyists out of the way. Give me Madison Cawthorn as a committee chairman. Give me MTG. Give me a
00:33:40.100 Lauren Boebert. Let's make sure that we got folks, even if we don't have the most seniority that are
00:33:45.460 ready to actually get in the battle and fight because far too often we get power. We go back to the embassy
00:33:52.020 parties. We enjoy the trappings of Washington, D.C. and the special interests and the lobbyists.
00:33:57.980 And then you know what? Our voters don't trust us anymore. That's how you went from the Tea Party
00:34:02.580 movement in 2010 to Barack Obama's reelection in 2012. So I don't want to relive the Tea Party
00:34:08.600 movement's lack of success. I want to have the electoral success, but then I want to do something
00:34:13.100 about it. And that's probably why they're trying to destroy me, because I actually have a plan and a
00:34:17.340 vision to do it. And more and more people are coming to that every day. All across America,
00:34:21.940 candidates in primaries, they don't want to be more like Mitch McConnell. They want to be more
00:34:26.600 like Marjorie Taylor Greene. And there's a reason. Congressman Gates, how do people get to you?
00:34:32.900 Because I know this whole Ray Epps situation, the whole DeGeneva outname as a cutout, this whole
00:34:37.720 issue that Revolver and Julie Kelly are on about his lawyer being based on an FBI guy. It's going to
00:34:42.760 start to explode over the next couple of days. How do people follow you, sir? I got a podcast
00:34:47.360 called Firebrand. Make sure you listen to it right after War Room. It's up on Thursday mornings. And
00:34:53.000 then folks can follow me on Getter, at Matt Gaetz, at RepMatt Gaetz. And they haven't banned me from
00:34:57.880 Twitter yet. I'm probably shadow banned, but you can still find our content there at the same handles.
00:35:03.280 Congressman Gaetz, thank you so much for coming on to War Room this morning.
00:35:06.280 Thank you, Steve. Profound.
00:35:07.400 They're completely freaked out. And here's why. This is not your grandfather or father's Republican
00:35:14.720 Party. This is a cutting edge of people that want to get to the bottom of it in reverse. Remember,
00:35:20.120 we're not just about managed decline anymore. This is absolutely a free fall. And look at every
00:35:25.260 aspect of it. Do I have Harnwell up yet in Rome? Okay, let's go to Ben. I'm going to go to Ben
00:35:29.980 Harnwell and Steve Cortez. By the way, to Peter Novara, got Novara and Cortez. They're calling
00:35:35.080 stagflation. And this is why the hedge funds, all the smart hedge funds in the world, at least have
00:35:38.980 grundoons that watch the show or monitor the show and look at the transcripts every day.
00:35:43.500 The call back in February of 2020, which ended up being one of the biggest shorts in the world,
00:35:48.060 the call of Peter Novara and Cortez back in November this following year about the peak in the
00:35:53.880 stock market is getting blown out again today. This is a reflection of the Biden economy. Remember,
00:35:59.900 they're running around right now. Here's what they're working on. They're working on another
00:36:04.560 massive stimulus bill where they chop up, build back better and try to get pieces in.
00:36:09.420 The government's got to be funded next week. The Canadian resolution, I think, runs out maybe,
00:36:13.200 I think it's the second week of February. So they got to figure out how to do that. But right now,
00:36:17.540 they're working on another stimulus bill like the 1.9 trade. Now, it's not going to be that big,
00:36:22.680 but they understand they have to juice the economy. Right now, the Federal Reserve is still printing
00:36:26.860 money. They're still doing quantitative easing. They have not choked any of that down.
00:36:30.280 The reason is the failed economic policies of Biden in one year. And what did Ali Valshi tell us?
00:36:39.360 NBC went through who it's most important, jobs, the economy, inflation, bang, bang, bang,
00:36:44.460 the holy trinity of madness and destruction, economic destruction at the hands of the Biden regime.
00:36:53.660 And don't ask, don't take Steve Bannon at this or Cortez Navarro. Steve Ratner, a liberal Democrat,
00:37:00.960 is running for secretary of treasury right now. Right. Larry Summers. Okay. Former secretary of the
00:37:06.100 treasury. They're all over Biden's guys as being dead wrong. They took the most radical perspective
00:37:11.300 of this, the most radical from New York Times op-ed writers in the radical French economist on modern
00:37:19.060 monetary theory. They took the most radical elements of modern finance. That's the program.
00:37:25.660 And you're seeing the bottoms falling out everywhere. And where's Jimbo Kramer? That
00:37:29.760 moron, the cheerleader was a three weeks ago, the greatest economy in the history of the earth.
00:37:35.120 That was the greatest economy in my lifetime. This is the clown that wanted to put you in a FEMA camp
00:37:40.580 if you're not getting vaccinated. And the clown that said, dump all your stocks immediately on the
00:37:45.340 day of the financial implosion in 2008 that caused a stock market run. I don't see how CNBC gets away
00:37:50.840 with the liabilities of what this guy does. The greatest economy in world history. Sorry,
00:37:56.320 you clown. And now we're seeing again the burning firestorm of the Biden dumpster fire that is
00:38:03.860 everything related to Biden, the illegitimate regime of Joe Biden. What did we tell you a year ago
00:38:09.280 when they had the phony inauguration? That we're going to hammer on this legitimacy.
00:38:14.280 The American people awakened to it. Right. And then their radicalness, their incompetence,
00:38:19.400 their recklessness will do the rest. But here's what it is. They asked what Republicans stand for.
00:38:23.940 Here's what we stand for is stopping you from destroying the nation. How about that? Right.
00:38:29.140 We can pick any subset of that on the southern border with with the the mass vaccine, the vaccine
00:38:35.160 program that everybody tells us is the blunt force instrument we should not be using.
00:38:38.780 Right. The economy, the printing of money, what you've done and kowtowing to the Chinese Communist
00:38:44.480 Party. Pick it. You can pick anything and go back through the top 20 of the NBC thing. We pick
00:38:49.640 anyone, any subset. We are opposed to you and we have policy plans and prescriptions of what to do
00:38:55.320 to oppose you. But just as a general overall theme, when you say we stand for, I don't know what these
00:39:00.120 feckless Republicans stand for. Here's what we stand for in the war room. Stopping you dead in your
00:39:05.960 tracks because you're illegitimate and you've caused nothing but destruction in this nation in any
00:39:12.140 category. And the big the people that born the born the the brunt of this are working hand the class
00:39:21.240 Hispanics and African-Americans. This is why we're on the precipice of a tectonic shift, a tectonic shift
00:39:29.380 along 1932. If we just keep our eye on the ball, you keep your eye on the ball for November.
00:39:36.840 Just keep your eye on the ball every day. Be relentless and commit to people. That's going to
00:39:41.920 be a new form of governance. We're going to get to the bottom of everything. What Newt Gingrich said,
00:39:46.000 we can sum it up. We say here on on the war room, preserve your documents, preserve your documents
00:39:52.660 from Merrick Garland to the inner circle of Biden to everybody in the house. Preserve your documents.
00:39:57.640 Oh, yes. And so well, preserve your used condoms. Right. Because we're going to get to the bottom of
00:40:01.700 you trading at this country with a Chinese intelligence agent. OK, preserve your documents,
00:40:09.500 preserve your documents because new sheriffs will be in town. Marjorie Taylor Greene, Boebert,
00:40:15.580 Gates, Jordan. Right. A murderer's row of investigation and getting to the bottom of
00:40:21.560 it. OK, we're going to take a short commercial break and go to Rome with updates on the mandates,
00:40:26.480 China, all that. We got Steve Cortez here with the economy. Their bottom is blowing out of this
00:40:30.560 thing. We got Boris. We got Navarre. We got a couple of special surprises in the second hour.
00:40:36.740 We'll be back in a moment in the war room.
00:40:38.380 Bring it on and I will fight to the end. Just watch and see. It's all started. Everything's
00:40:47.040 begun. And you are over. Because we're taking down the CCP. Spread the word all through Hong Kong.
00:40:57.360 We will fight till they're all gone.
00:40:58.960 I see you for 2022. What's my outlook? Right. First of all, to me, we have the strongest economy
00:41:04.520 perhaps I have ever seized. OK, welcome back. Sorry for I had a slight technical problem.
00:41:12.540 The technical problem is I misread the clock. But hey, I divert my I describe I digress.
00:41:20.460 Peter, how does this one get? Because you've been President Trump's manufacturing guy. You've
00:41:26.320 been the guy going around the country talking about the vaccines and the problem of the vaccines
00:41:29.240 because you wrote the memo to President Trump get it kicked off and just doing an amazing job.
00:41:32.540 So you're not really spending a thousand percent of your time like you've done before,
00:41:36.940 working with hedge funds or working analysis or analytics. How do you get it right on November
00:41:42.320 10th? And a guy that gets massive dollars is on the biggest. You're in the war room, right?
00:41:47.760 He's on CNBC. Yeah. How does Jim Cramer get it? One 80 out from Peter Navarro. And basically,
00:41:54.680 I think two months after you made the call, sir.
00:41:57.160 There's a bias on Wall Street, basically, to go long and pimp up even when things are going bad.
00:42:03.760 I would maintain it's the worst economy I've ever seen in my lifetime. And let me add to the
00:42:08.880 forecast. I not only called a short on November 10th, I'm going to say this day that there ain't
00:42:14.700 going to be no regular bounce back from whatever bottom you think you're going to hit, because
00:42:19.400 what's going to happen is you're going to start hearing the touts on CNBC and Fox Business and
00:42:24.160 Bloomberg saying it's a buying opportunity. That's BS. The best we can do here, Steve,
00:42:29.980 is this thing's going down more. And at some point, it's going to plateau and it can't go up because
00:42:35.900 stagflation is a very different animal than what we usually see. So we're in deep trouble,
00:42:43.480 calling for a flat market for a long time, and we haven't yet seen the bottom on it.
00:42:49.040 Okay, hold on. I want to make sure people understand this. You have markets and you have the
00:42:53.740 underlying economy. What Peter's saying is unlike what you're hearing anywhere else. And I want to
00:42:58.920 ask you to take two minutes and explain to us why it's the worst economy. You said the stagflation
00:43:02.600 part a year ago during Biden's phony inauguration. But the Wall Street, here's the for everybody out
00:43:09.060 there that you're going to hear these things at the buying opportunity, you know, buy the dip,
00:43:13.720 all this crap. There's a and we're not telling you how to make investment decisions. We just want to
00:43:18.540 give you an old saw from Wall Street. Don't catch a falling knife. Okay, don't catch a falling knife.
00:43:27.400 Peter, the underlying economy as you see it, and what Biden what you're hearing about what Biden's
00:43:32.260 talking about another stimulus, breaking up build back broke all of it. Walk us through why you say
00:43:38.200 Jim Cramer says the best he's seen in his lifetime. Peter Navarro on the same data saying,
00:43:43.120 I think it's the worst economy we've ever seen. Walk me through that.
00:43:46.780 Start with the Obama Biden years where they mistook like what was going on structurally in
00:43:53.040 the economy, structural rot for just a normal downturn of the business cycle. Normal downturn
00:43:57.760 of the business cycle, you just apply Keynesian stimulus, you bounce back out. That's not what we
00:44:02.680 had after the crash of 07. What we had are structural problems that Donald Trump solved with our five
00:44:10.220 points of the compass, the deregulation tax cuts, strategic energy dominance, fair trade and
00:44:16.100 increased defense spending. Those are all growth drivers structurally that got us moving. The
00:44:22.080 problem we have now is the same thing and why again, stimulus won't work. We have massive structural
00:44:28.500 rot in our economy. You start with the impact of the CCP virus on a major metropolitan areas.
00:44:37.000 They hit like a neutron bomb on the office buildings or metro centers or entertainment
00:44:42.660 districts created just a massive service sector refugees that aren't trained to fill the jobs
00:44:49.400 that are available. Secondly, and this is huge, Steve, we've got the great resignation going on
00:44:56.080 people for whatever reason, a lot of a pandemic who are in their fifties and older taking early
00:45:02.500 retirement. These tend to be the most skilled, high productive workers in the economy. So that's
00:45:08.440 taken out. At the same time, the vax policies coming in, Steve, and taking out critical workers who
00:45:15.700 don't want any part of that quasi vaccine. And it's hit our supply chain, particularly acutely. You got
00:45:22.660 like warehouse workers, you got FedEx, you got pilots, all of that stuff. We've lost, you lose five,
00:45:29.680 10% of those, 20%. And that's a problem. Then the supply chains in and of itself are disrupted
00:45:36.480 because of the pandemic. And you're going to see China.
00:45:39.120 Is Pete Buttigieg, by the way, we got the Port City City, Ben Harden, we're called Port Cities
00:45:43.680 in China. Is Pete Buttigieg, 30 seconds, is Pete Buttigieg going out to San Pedro and LA Harbor?
00:45:49.620 Is he going to solve that in your mind, Dr. Peter Navarro?
00:45:52.320 Yeah, he's going to go out there and have a taco at one of my favorite restaurants out there. There's
00:45:57.600 actually some nice Mexican restaurants out there that I used to go to. But he's not going to solve
00:46:02.400 any problems out there. The big picture here for the war room posse is simply that the stock and bond
00:46:10.240 markets are strongly signaling stagflation. There's no question about it. They are doing so because the
00:46:16.980 underlying rot in the economy. And as you see, these other indicators come in, whether it's missed
00:46:21.760 earnings forecast or a plummeting consumer conferences, whatever it is, manufacturing
00:46:26.800 indices plummeting, everything's going. And I want to reiterate this, Steve. This is not down
00:46:32.640 and bounce back by the dips. Do not do that. If you hear the touts on the financial network say that,
00:46:38.800 you just look at the TV and say, you don't know what you're talking about.
00:46:42.880 When Larry Kudlow says, buy the dips. Okay, hold it. I digress again.
00:46:47.840 Real quick, real quick. Yeah. Well, we're going to get Larry, Larry.
00:46:51.280 Hang on. Don't go there. Don't go there. Stop, stop, stop, stop, stop, stop. Okay,
00:46:58.480 stop. Okay. Hang on. I got to get the Ari Melber clip. Everybody in the vaccine, Bobby Kennedy,
00:47:03.040 the big rally yesterday and get to that tonight and tomorrow. We've got so much in that, but they're
00:47:08.360 all over Capitol Hill right now meeting. Let me play the Ari Melber and Peter Navarro clip real quick
00:47:13.120 before we go. Let me let me let me play lawyer for a minute and simply lay the predicate for the
00:47:20.720 discussion tonight. My role in what the Washington Post calls the coup that we call the Green Bay
00:47:28.480 sweep was simply to look at the analysis of what happened in the election. I started that
00:47:35.440 on Thanksgiving Day of 2020. I completed three reports, which I'm sure you've read, Ari,
00:47:42.320 and I hope you'll confirm that.
00:47:47.520 So facial recognition patterns confirmed. That would be a no, sir.
00:47:53.040 Ari, Ari, I feel your pain about controlling Navarro. 30 seconds before we got to get out of
00:47:59.760 here. Tell us. You put it right between his eyes. They had not read any of the analysis, sir.
00:48:05.200 They had not read the report. The bottom line is that all we wanted on January 6th was peace
00:48:13.200 and calm on Capitol Hill to run the Green Bay sweep, Steve, and we did not get it. It's the best
00:48:19.520 confirming evidence that Donald Trump is innocent of all charges that this insurrection is.
00:48:25.680 This was a different cat, Steve. The first Ari Melber thing I thought was more balanced and
00:48:32.000 fair. This time he pulled his tricks, but he came in unprepared.
00:48:37.840 Okay. Be unprepared because he hadn't read the Navarro report. Okay. We're going to go back
00:48:41.120 here five o'clock. By the way, the buried lead bombshell, the committee, nobody's reached out
00:48:46.000 to Peter Navarro. Hmm. I wonder why that is. Maybe they don't want that report in the official record.
00:48:51.280 See you back here. 5 p.m. in the war room.