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Bannon's War Room
- January 26, 2024
WarRoom Battleground EP 459: Victory In Maine To Save Our Republic
Episode Stats
Length
53 minutes
Words per Minute
190.83005
Word Count
10,272
Sentence Count
35
Summary
Summaries are generated with
gmurro/bart-large-finetuned-filtered-spotify-podcast-summ
.
Transcript
Transcript is generated with
Whisper
(
turbo
).
00:00:00.000
this is what you're fighting for i mean every day you're out there what they're doing is blowing
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people off if you continue to look the other way and shut up then the oppressors the authoritarians
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get total control and total power because this is just like in arizona this is just like in georgia
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it's another element that backs them into a quarter and shows their lies and misrepresentations
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this is why this audience is going to have to get engaged as we've told you this is the fight
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all this nonsense all this spin they can't handle the truth war room battleground here's your host
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stephen k bannon okay um make sure you go grace and the team have a bill blaster this is to give
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you operating leverage make your job easier grace if uh if you can with carly bonet and
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our telegram team and others and also all the chats let's get uh let's get this out
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free app download it makes your job a lot easier because hey we're gonna have some big work to do
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if they drop this legislation the text early next week it's game on and this is gonna be a big battle
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remember this is a hundred billion dollar supplemental on top of the core budget was as a two trillion
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dollar deficit we can't finance we're either going to force the japanese and the chinese and others to
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buy it buy bonds or we're just going to print additional money so you figure it out it's one of
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the reasons we're we're um a huge advocate of you understanding the macro but going and finding out
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about precious metals like a birch gold you just got to go do it you got to immerse yourself in
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these topics today kind of your homework assignments we would love it for it to be another way but it's
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not now why are we in this situation in the senate the hill you've seen these guys langford and these
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guys and they're all from this they're all from maga places they're all from places of overwhelming
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support for the president's agenda the american first agenda the uh maga agenda that's what makes
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us so tough and galling nebraska too don't have finer patriots in this country than out there uh
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big news coming out today want to introduce dan fry dan you've got some big news this audience
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takes particular umbrage with the sitting congressman out there because he's on msn we play a lot of clips
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from uh general uh don bacon uh because he says some of the dumbest things we've ever heard and so we put
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it into our coal open often and we were wondering when somebody's going to have the courage to stand
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up and take him on i guess you have an announcement today well uh we we actually filed last friday but
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it's uh it wasn't kept secret very well but uh it doesn't need to be you know don bacon the fact that
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he's given you the headlines to run with he's been wrong on more votes than he's been right on he was
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certainly wrong on daca he was certainly wrong on the 1.3 trillion dollar um infrastructure bill he was
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wrong on the hundreds of billions of dollars that he's sending to uh ukraine and back during the uh
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fight for speaker he was certainly wrong when he couldn't find his his uh conservative credentials
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to vote for jim jordan but instead recommended that he might reach across the aisle and work with
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the democrats to get a speaker so yeah this this is long overdue steve
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why uh you almost got to congress a couple years ago tell us tell us about that story it was
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because in well if you had the backing of the podcast the podcast and the war room things like
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that people would have better known your story but what happened back then well it was it was
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interesting because we had a very similar situation we had we had a republican that ran on conservative
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values and principles but they legislated with the democrats um this was 10 years ago and 10 years ago
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uh we had just turned the uh the health care system over to the government we just bailed out the auto
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industry we just bailed out the the um banking system and we were 13 and a half trillion dollars in debt
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and in the folks with the the shovel kept digging so we uh we launched a campaign against a 16-year
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eight-term incumbent and we were outspent by over 10 to 1. we we came about 2.9 percent short
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of making history that night so that's one thing about nebraska when the when the constituents decide
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that they've had enough they will come out and one of the things that we had the advantage of
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is we we once we got in front of people and we we communicated the message
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they they they were in so yeah being outspent 10 to 1 um we we still came 2.9 percent uh
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of making history so we we like our odds this time around
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look nebraska is one of the great states one of the greatest states in this union fantastic people
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great people but it's a place you got to get on it to to make a living i mean it's it's a it's a it's
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a harsh natural environment although very beautiful are the folks out there they're practical because
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they have to be practical what are they what are the constituents and two because this is what we
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can't figure out you get so many great people it's a you know pioneer state frontiersman
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agriculture obviously very sophisticated now with the big cities going up the universities but
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it's got these kind of core american values that that are republics based on and people can't figure
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out you know bacon just didn't think about bacon was on msnbc saying he's working with democrats we
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have to work with democrats we need he was calling it a mess and a fiasco and you got to have you
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know you got to have a compromise candidate what are those folks out there in the district
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actually think well bacon wants to refer to this as a purple district and i will tell you
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nebraska is a red state it starts to look a little bit purple in this district when the conservatives
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that that the republicans vote to send to washington don't lead and then they just stay home so then it
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looks like like the the balance of powers or the votes are trending democrat it's because the
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republicans are sick and tired of lackluster individuals that they send to dc and and legislate with
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with the democrats so it's it's not purple it's a red state
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fine so and leadership talk about it give us a little bit of your curriculum vita give us a little
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bit about your history well i i come from the business community so i've i've held executive and
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leadership positions throughout the business technology industry here's the deal i i don't i don't
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necessarily long to be a congressman or go to dc but we've got to start sending somebody to dc
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that's going to go and and figuratively have have the uh the guts to flip a few tables and draw lines
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that we won't cross so for me you know i'm walking away from a very nice career potentially to uh to
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head to dc and it's it's for those that are coming behind me it's it's for my kids and my grandkids
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wow now where do people go to find out more about you and more about this campaign
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the uh the website is fry and we spell it wrong but it's f-r-e-i the number four
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nebraska.com so it's fry the number four nebraska.com and and steve i would tell you
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running in this primary is not an option we are not running in this primary is not an option
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we've got to clean this house seat up before president trump gets back into office because
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we've got one of two options if we if we don't win this primary we're either going to have a very
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emboldened don bacon that's going to be belligerent to a trump presidency or you're going to have a a
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far left democrat that jeopardizes the control of the house so this is all in we we we this this race
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is is we've got to win the primary and we're going to win the general uh where do people i tell you
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my team's going to talk to you i want to try to get you on the morning show so we'll reach out to
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you right after this okay you got it appreciate it go with god you've got you've got uh courage is
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the most important of all virtues because it is upon courage that all the other virtues rest
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heard that before brother fry from nebraska it's gonna be a tough one it's gonna be a big fight out
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there uh but it's got to happen it's just too much uh too much insanity okay and my crack producer
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team here will reach out we'll try getting back on the morning show tomorrow morning show tomorrow
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is going to be on fire that i can um commit to you one thing we're going to have uh ej and tony join us
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to the bottom of the hour uh of course 3.3 growth today that's a top line number but it's all because
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of government spending this is why this is why right now they're so afraid to start cutting because
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you're you're like on a keynesian this is like you're on a keynesian crack cocaine high and they
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just keep hitting it so the you'll see your lived experience your lived experience out there as the
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american citizen doesn't feel like your lived experience may not feel like a robust economy that's
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that's growing and great that's what we keep asking you and and saying hey look uh now's the time
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to uh understand this and that's what we did the end of the dollar empire we're actually working on
00:09:29.760
a fifth installment uh don't want to give away the name of that i think we're going to have that up
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before cpac cpac's at the end of the month talk more about cpac tomorrow when everybody come to cpac
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because we're going to have if you think you had a great time at turning point you're going to have
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a fantastic time at cpac as we kick off 2024 but at the end of the dollar empire i'll have the fifth
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installment up by then it's totally free we've redone the fourth with updated numbers about
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the debt trap now you would think how do guys put this out we put the debt trap out
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in april and may to be a primer for you for the for the big debt uh the big debt fight the debt
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ceiling fight we've had to update six seven months later we had to update it and when you see the
00:10:10.700
updated numbers your heads are going to blow up that's the type of crisis you're in it's now another
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trillion dollars about every hundred days another trillion dollars every hundred days
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you're burying uh this uh out of control congress is burying this republic first off allowing not
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using every tool possible to shut down this government with the cr uh to force biden to the
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table uh also continues to look the other way in these spending bills i had a very sophisticated
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hedge fund guy up on capitol hill yesterday he said these guys sitting there going he's giving the
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presentation i said yeah when's the crisis set and he goes the crisis is here it's a runaway train
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it's gonna be so hard to slow this thing down now so make sure you go to birchgold.com slash bannon and
00:10:59.380
check it out there are victories we're having victories every day but remember these victories
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aren't totally permanent victories just like trump's remember 16 when trump won and everybody
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a quarter of the of the um trump movement just punched out then because they didn't know they did
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they were thinking of politics the old way they didn't understand that this is now a continual
00:11:20.760
process to save your republic because the neo-marxists the people that hate this country
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want to destroy it never sleep and they never stop thinking of diabolical diabolical ways they can like
00:11:31.720
destroy the american family destroy this republic but we have wins we have a huge winner so i want to
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start with uh brandon showwater so when you left i think it was yesterday you were talking about the
00:11:42.320
great patriots in ohio stood up to dewine and said no you're gonna veto this we're gonna override
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the veto and in a uh props to everybody out there that worked on it in the ohio house and the senate
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overwhelmingly and and and showed dewine hey we don't hear about your veto we left the show and i said
00:12:00.260
hey give us give us the battle map where this thing is all over but where's the next one he said
00:12:05.080
main's the next big one steve tell me what that was supposed to be what was what i want to people
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understand the depth of the depravity of this in the great state of may what were they proposing
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to do brandon showwaller what they were proposing to do steve was turn maine into california and i i
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link those things very deliberately today in committee and this is extraordinary a vote went down in the
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committee the judiciary committee unanimously to not make maine a what they call trans sanctuary state
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as has been made in the state of california this bill had california's fingerprints all over it
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so that in light of the victory in ohio yesterday which is the 23rd state now throughout the south and
00:12:48.760
midwest to prohibit the chemical and surgical abuse transing of children they would make maine and i
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think there's i think it's minnesota has done some version of this or they're considering it or california
00:13:01.180
where a child can come to those states and the courts will take over and so the home jurisdiction
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say if a child from now ohio would go to the state of maine but thank not thank god not because that
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was defeated today but they can go to california and receive puberty blockers cross-sex hormones and
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a body disfiguring surgery and those courts the child custody provisions would take over in that state
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but thank god it went down in flames in maine today but as you were just saying in the intro
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don't take your eye off the ball because um as has been the case in previous times in california
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they've taken something out of consideration and then they reintroduced it later i think it went down
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pretty resoundingly today in maine um but i think really as as great as it is to see it go down like
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it did in maine uh california is where sort of the death star is if gender ideology is to be dealt a body
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blow if it's to be dealt a death blow it will have to be gone go down there um protect kids ca.com is
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where activists out there are trying to put it on the ballot so that they're not trying to have these
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satellite state in maine and other places so that kids can only be abused in those other places but
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they want them across the country in light of through the west and midwest and south where they
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have banned these horrible drugs and surgeries for kids okay hang on for a second i'm gonna get you
00:14:24.780
back on here but i gotta go to sean mcbriarty so sean with the t up there brandon here's what's hard
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for the audience i think to grasp when you think of maine you think the woods of maine and the coast
00:14:35.060
of maine i mean maine is a stunningly beautiful state it's one of the most beautiful place on earth
00:14:38.920
and the people are so down to earth and so great but once again like you got to be quite practical
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about how one comports oneself in a state like that because the cold winters the the deep maine woods
00:14:51.000
how does maine how does it when you when brandon first told me about it and you first told me about
00:14:57.420
it and by the way sean's one of the leaders to make sure it got shot down how do we have maine
00:15:02.720
with the solid folks who got there how are they trying to be the california of the essentially the
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east coast or northern california how did this even happen how did how did how did this thing infect
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the folks in maine that this was actually going to be the i think the judiciary committee was looking
00:15:20.240
at today before you guys shut it down how did it happen yeah i think steve honestly this is a
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incremental situation that's occurred over decades here in maine we say people from away outside of
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the state of maine have moved in from states like california or uh washington or connecticut new york
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and it seems like they hate their life there they move to our beautiful four-season country uh four-season
00:15:43.660
state here in maine and then they destroy it with their leftist politics uh the other thing that's
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really occurred is our educational system has never been worse in our in our state's history
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the assessments are bottom barrel and so you've got this now this generational kind of push where
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these kids are popping out of schools and essentially they're all leftist democrats because that's where
00:16:03.620
the big money is so today's win was just a huge win for parents in maine and parents all across the
00:16:09.520
country who would have lost custody of their kids based on this ld 1735 it just got shot down
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unanimously in the judiciary committee just a few hours ago i was there at the capitol with with
00:16:21.160
other folks and um honestly steve i didn't know if i should be high-fiving folks or bawling my eyes out
00:16:26.980
because the more i hear about these families ripped apart by this big pharma big medical push
00:16:32.000
it's just such a difficult situation to rationalize and it's emotional roller coaster basically
00:16:37.220
i want you to tell people take a second and go back war and posse jumped in when you came on
00:16:43.420
to assist you and these great people in maine to fight it but just give people a couple of the
00:16:47.960
details when you describe it first when sean comes to me came to me i go dude that's impossible it
00:16:53.340
couldn't be in there and he goes no no no no let's go through this just walk people through what the
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madness entailed yeah so this bill uh you know set forth by just a radical democrat essentially said
00:17:04.280
if you if you trans trafficked if you trans traffic a kid to maine the parents have no rights they have
00:17:11.460
no custody police couldn't help them not only from this state of maine but from your originating state
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it was one of those deals where there was no age limits on this bill any kid of any age the way it
00:17:22.740
was written could self-diagnose their issues and then it only takes 20 minutes to a half an hour to get
00:17:28.780
a therapist you write a letter that says oh yeah that kid's definitely trans and then you get this
00:17:34.000
situation where between puberty blockers which are really chemical castration drugs and all of these
00:17:39.380
uh uh phallioplasty for example i i actually put up a on my twitter at sean mcbriarty and parney one of
00:17:46.300
the co-sponsors was also the judiciary chair i put a phallioplasty picture that you can't show
00:17:51.680
on your network today because it's gratuitous gore the pictures were taken down off of twitter yesterday
00:17:58.040
because again the same reason but it is an amazing situation where parents just don't fully
00:18:02.860
understand and can't comprehend the evil that these folks are putting into these bills it's it's pure
00:18:08.160
insanity steve no you know i want to say you you gave us uh what you put up we actually ran it by
00:18:15.560
real uh lindale tv the real america voice guys for both shows we came to the conclusion it's too graphic
00:18:22.000
to show and and but i do believe people need to see this because i don't think you can understand the
00:18:27.040
scale of this madness let me i want you to hang around but go back to brandon for one second but
00:18:30.980
for the citizens of maine and the hard working i spent a lot of time up in maine and i've got family
00:18:35.980
up there my uh great grandfather i think i've said uh was part of the first main cavalry he and his
00:18:41.200
brother were the first main cavalry during the civil war um how did they comprehend this i mean when
00:18:48.960
when you lay this out to basic citizens are they sitting there going this is crazy we're not going to
00:18:53.180
let this happen i mean how did this infiltrate enough to get actually get into a committee
00:18:57.160
and what did the average citizens up there think about these things
00:19:00.680
any of these policies steve that are promoting gender ideology and the medicalization of of children
00:19:08.520
and of youth it's because of the lgbtq emphasis on tq uh mafiosa like tactics they they want this
00:19:17.540
ideology spread wherever they can get it a lot of this and i will reiterate does come out of california
00:19:23.660
so they've got a full-fledged grip on the democratic party you do see some socially conservative uh
00:19:29.780
democrats in the south joining republicans and banning this stuff in those states but they're
00:19:35.380
trying to push these policies all over the country and you would think even with sort of the rough
00:19:40.440
you know hardy citizens of a place like maine if it if it votes traditionally democratic they've got
00:19:47.140
a grip on those kinds of uh of legislatures and if governor's offices you it can't be emphasized
00:19:53.260
enough just how much sway those ideologues have over over that party certainly in many states and
00:20:00.480
certainly at the national level they are dug in they are locked in um so it none of it's rational and
00:20:06.100
a lot of people just don't know about it because they've been able to operate by stealth
00:20:09.860
but i think with yesterday's um prevailing in ohio and in california they haven't introduced a
00:20:15.860
trans bill yet this year so far i wonder if they're reading the tea leaves but so much comes out of the
00:20:21.160
epicenter of california that that is a huge that's a huge important point to remember uh and if they
00:20:26.840
defeat it there it will be defeated nationwide steve is is uh sean back to you is is uh brandon right
00:20:36.340
did they try to hold did they try to hold back the details i mean in maine specifically given the
00:20:41.900
horrific nature of what this and over the top nature did they did they did they try to hold
00:20:46.340
this and not want to get the information out yeah they tried to sneak this in and in fact one of the
00:20:51.000
things that i really want to make sure is is said here is that the way you have to expose this right
00:20:55.600
and then you have to turn that exposure into action steps i believe in this case the outpouring of
00:21:00.020
support from the war room posse and others across the country put pressure on these legislators
00:21:04.800
but yeah they're trying to sneak this in this bill was supposed to go to committee last week
00:21:08.860
there was a huge outpouring of support all across the country and then they moved it to a week later
00:21:14.640
hoping that things would calm down and again with with the help of yourself and others around the
00:21:19.180
country war room posse got behind wrote the emails put the pressure on and basically we said look
00:21:24.120
we're not going to take this and we need you know we can accept these wins we have to remain vigilant
00:21:29.200
because you don't know what's going to happen tomorrow and honestly what i think is conservatives have
00:21:33.220
been asleep at the wheel for years i had a great conversation at lunch today at the capitol building
00:21:37.640
with a friend of mine she said people are finally starting to wake up and i think steve maybe we found
00:21:42.760
out where the line is brandon just mentioned california i say man is the california of the east coast
00:21:47.840
but maybe now that line is even the crazy democrats here in this state won't go as far as butchering
00:21:53.760
kids for profit sean how do people get to your site and get to your social media we got to use
00:22:01.520
this what's happened in the last 40 hours 48 hours ohio and maine i think gives us momentum we got to
00:22:07.780
take this nationwide and clearly brandon's right about focusing on california but they're trying to
00:22:12.120
do this all over the country including in red states so we got to use this and fire we got to use
00:22:16.780
this muzzle velocity fire off the football so where do people go to find out more about you yeah i appreciate
00:22:21.900
it 2024 has to be the year of exposure to parental rights and educational freedom it is something you
00:22:27.540
need to take this exposure turn it into action at sean mcbriarty on twitter and at getter main source
00:22:32.860
of truth uh k through 12 educational horrors i just had brandon on the other day with his documentary
00:22:38.680
exposing some of this transgender just you know horror show so main source of truth is a place to hear
00:22:44.060
the educational horrors that are going on you can download that anywhere and i certainly appreciate
00:22:48.440
everybody's support i appreciate the war room posse and uh you guys had my back and uh the backs
00:22:53.440
of parents across the united states so thank you very much steve for just the outpouring of support
00:22:57.960
sean thank you the war and posse really appreciate you being the tip of the spirit so thanks
00:23:03.840
thank you brandon the same question to you we've got guys like sean you know you've got in every state
00:23:11.260
you're seeing these warriors pop up how do we start to what do we need to do because this audience i'm
00:23:16.720
telling you nothing far as bad as the invasion is a thing i think this is personal nothing gets this
00:23:22.800
audience more furious than the situation with these children in particular what happens to the parents
00:23:27.960
and the families that you don't have control and they're coming in and telling you what you're going
00:23:30.740
to do and your kids get your kids get butchered and then they want i mean it's so sick and so
00:23:35.280
depraved and so over the top people on an emotional basis get fired up for this so what do we got to do
00:23:41.820
i think what you have to do is humanize the issue and familiarize yourself with the suffering and the
00:23:48.480
pain of these families you played you know of the the mother who was falling apart the other day on
00:23:54.020
your pop when when i was on and her daughter underwent that very surgery that's too graphic
00:23:58.660
to show that where they carve up the forearm to make a fake penis out of it what i think people need
00:24:03.380
to do the war room posse is to take the fight to the belly of the beast if you want to disembowel
00:24:10.820
the gender behemoth it must be won in the state of california great to see it prevail sanity prevail
00:24:17.880
in ohio great to see that horrible bill go down in flames today in the state of maine but california
00:24:23.760
is where this fight must be won because if it goes down there it goes down nationwide potentially
00:24:30.480
worldwide protectkidsca.com parents are fighting back to put that initiative on the ballot and if voters
00:24:38.200
reject it and the polling indicates that people even in these very blue states do not support
00:24:43.000
cutting off the body parts of children and rendering them sterile via these drugs if it goes down there
00:24:48.540
it goes down there will be a lot of carnage a lot of fallout um but familiarize yourself uh with the
00:24:55.300
pain of these families because i promise you steve once you hear about how these families as i keep
00:25:00.400
saying are torn to shreds you will never be the same again when you stare into the abyss and you see
00:25:05.360
the brutalized bodies you see the children that have been rendered sterile you see teenage girls
00:25:10.220
with gashes across their chest because they've had their breasts amputated boys with maimed crotches
00:25:15.560
you're never the same again but god is good and i believe the wind is at our backs the ending the
00:25:21.660
energy is shifting but the fight must be won in the state of california because that's the epicenter in
00:25:27.180
my opinion okay then we're going to california i'll get i'll talk to you afterwards and we'll figure this
00:25:32.700
out uh where they go for your social media all of it where they find out more about you the great
00:25:36.480
content you put out all of it thank you steve at brandon m show is my handle on x which is formerly
00:25:43.640
twitter i would also urge everybody to check out deadname documentary.com that profiles the families
00:25:49.720
that have been ripped to shreds like i said and i will say check out generation indoctrination.com
00:25:56.120
that is our documentary style podcast brand new episode tomorrow and we are bringing the stories
00:26:01.620
that no one else is we've gone to hell and back to do it but christianpost.com generation
00:26:05.980
indoctrination.com and it's also available on all platforms we will link to that tomorrow to make
00:26:11.980
sure people get the new episode thank you brandon thank you as this audience knows this is not my
00:26:19.580
country um but it may be one of the most important fights we have they are i i'm not sure that anything
00:26:30.620
that we cover anything we bring on that's i'm so proud of what the folks in maine did and what the
00:26:36.880
folks in ohio did these heroes uh the war room posse jumping in on both of them you're just
00:26:42.060
extraordinary um nothing to show the demonic nature of this attack on the american family than this
00:26:48.240
and like i said this is not something i wake up every day so we got to cover i know we must cover
00:26:53.260
it and we have to cover it because it's demonic this is the spiritual warfare manifested in our
00:27:00.140
sphere of living short commercial break back in a moment
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war room battleground with stephen k bannon
00:31:08.680
gdp gdp numbers that came out this morning uh they really stood out to me i mean first of all i was
00:31:16.080
thinking wow because it was just so much better than we expected but the other thought that comes
00:31:20.660
to mind is what recession remember for so long we heard the u.s economy would be in recession
00:31:26.120
right about now and instead it looks like that soft landing that so many people thought was
00:31:31.980
basically impossible is actually happening the economy growing at 3.3 percent uh that is very
00:31:38.660
impressive one economist describing that as boomy another calling this the recession that wasn't
00:31:44.040
and one of the big drivers here is americans continue to shop they went on a shopping spree
00:31:48.800
this holiday season and that is continuing to keep this economy afloat but none of this is to suggest
00:31:55.980
that the economy is perfect it's not uh there are real affordability challenges out there and we know
00:32:02.420
that janet yellen is addressing that in this speech right now talking about how it is too hard to be a
00:32:08.300
working parent in america how they need to do more to help people deal with uh housing and child care
00:32:15.460
i mean housing is a big one the fact that uh mortgage rates are so high and home prices have
00:32:21.460
spiked to record highs means it's very unaffordable this chart shows how the median monthly payment to get
00:32:28.760
a mortgage right now is swallowing up a bigger and bigger portion of paychecks and that is a problem
00:32:34.800
and that is something that this administration that janet yellen and the president have to address
00:32:39.320
because boris and brianna as you guys know when people think about the economy that's what they're
00:32:45.380
thinking about they're thinking about housing and child care and the price of gasoline they're not
00:32:49.480
thinking about gdp
00:32:50.300
a hundred percent and i want to get the best for going through the numbers ej and tony so ej i saw the top
00:32:58.520
line number today i said hey you look at the lived experience of people and you particularly look at this
00:33:02.740
and this is folks understand this is why this keynesian model is now out of control
00:33:10.040
with this type of unemployment it was i was a real unemployment if this type of unemployment
00:33:14.520
you would never be juicing the economy like you're doing they're going to have another budget they're
00:33:20.420
going to prove at uh over two trillion dollar deficit seven trillion dollars in total spending
00:33:24.900
you just saw and by the way ej is the first guy to tell you about the the uh the charge on the
00:33:30.500
interest payments the first guy to tell you about how refinancing the debt is structurally putting
00:33:35.040
in higher interest rates and this is why people are getting crushed people getting crushed right
00:33:39.020
now because the rents are too high the housings to the housing mortgages are too high the auto loans
00:33:44.180
are too high and that's not going away anytime soon on top of this just remember what we're finding
00:33:49.340
this supplemental next week on on the border and on ukraine's another hundred billion dollars
00:33:53.760
and they're coming out with a they're coming out with a child tax credit and tax cuts for entrepreneurs
00:34:01.140
and we are for entrepreneurs remember every time we talk about the alternative economy in fact
00:34:07.480
patriot mobile is a great example glenn's story and the team over there at paper patron mobile this
00:34:12.300
conservative christian mobile a company patriot mobile.com go check out all their services that they
00:34:18.280
lay on top of the wire services and provide you incredible phone service right and they give 10
00:34:24.860
of their profits to organizations like first responders like people fighting for the right for
00:34:30.600
life they back up your values but that kind of entrepreneur there there are tech they're going to
00:34:36.100
have these tax cuts in for this kind of separate package they're going to bring forward on child tax
00:34:40.520
credit but with inflation you would never do another keynesian stimulus to the economy this thing's
00:34:45.340
another 80 billion dollars so that's 180 billion dollars over and above the seven trillion that
00:34:51.780
they're spending anyway with two training debt ej you're the best at really going through the numbers
00:34:56.820
to talk to adults like adults right there you saw cnn and msnbc these guys are a lot of them are saying
00:35:01.900
whoa whoa whoa whoa whoa don't don't start high-fiving on this thing because it's pretty gnarly when you
00:35:07.100
look under the hood sir steve i think that's an understatement you know a lot of people were quick to
00:35:13.920
point out that that it is a decent growth rate and that we added over 300 billion dollars to the
00:35:19.700
economy in a quarter and and yeah that sounds like a lot except we also exploded the debt during the
00:35:25.880
same quarter not by 300 billion but by 800 billion so this idea that that somehow this is sustainable
00:35:33.240
or that this is real growth i'm sorry but that's just a complete fiction we are borrowing our way uh to
00:35:40.320
to quote unquote prosperity which is which is obviously a total fallacy you can't do that
00:35:45.280
this is not going to end well but i can assure you it is certainly going to hang on hang on hang on
00:35:50.940
so so slow what slow down i want to go back and make sure people know the math we had we were 31.4
00:35:58.260
trillion when they when mccon when mccarthy did the debt limit deal which wasn't which was uh gave
00:36:05.080
biden total uncontrolled runway for two years past the 24 election to take that control out of your
00:36:10.740
hands so you couldn't vote on it since that time i think we're we're over 34.2 right now but between
00:36:17.640
september 18th when we hit 33 and december 28th when we hit 34 was 100 days what ej just said right there
00:36:28.500
in one quarter in one quarter 800 billion dollars there were there were decades that we would go and
00:36:38.960
i mean in modern history there were decades ago you wouldn't add 800 billion dollars this is insanity
00:36:44.400
this can't and they're sitting there talking you you fuse that much stimulus into the into the uh
00:36:50.520
economy i mean this is how inflation is not going to go away particularly for the lived experience of
00:36:55.800
what is a real basket of goods for the for the common man sir right and you know steve when we
00:37:01.860
look at the category called government expenditures you know that really is just what government is
00:37:08.100
directly writing a check for those are things that that it is buying itself it does not include
00:37:13.680
transfer payments so all of the money that that government uh is giving to people essentially to
00:37:19.540
fuel consumer spending that government is just taking out debt in order to to give that check to
00:37:25.000
somebody so that they can go spend it that's not included in the government category but we really
00:37:29.740
need to start thinking about that as part of of what percentage of the economy the government
00:37:35.780
actually controls so it's far larger than what it appears at first when you look at these numbers but
00:37:41.460
but even if you want to just look at at the consumer spending versus the the government spending for a
00:37:46.060
second what you find is now for six quarters in a row we've had the we've had government
00:37:51.660
expenditures growing faster than consumer expenditures or consumer spending i mean again unsustainable is
00:37:58.980
just the word of the day here
00:38:00.540
what um what how is this since you you've got this and you've had you've had the quarter
00:38:10.400
we now know and cnbc and the financial times kind of articles that the credit card situation is getting
00:38:16.680
more and more of a crisis for people as their credit cards now coming from the holidays because
00:38:22.820
remember what they just said is that the consumers were still there for the holidays
00:38:26.000
on the credit cards walk me through how this plays out you've been pretty good at saying hey folks
00:38:31.180
here's where i think this is going as you see it right now with this situation on capitol hill
00:38:35.460
how do you see this playing out well you know unfortunately steve it just really doesn't seem
00:38:41.160
like like we have enough political pressure on the politicians to to get them to slow down the
00:38:46.100
spending so that means it looks like things are going to continue down the trajectory that they're on
00:38:50.880
currently which is not good it means not only people but the government continuing to to spend and
00:38:56.560
borrow money that we simply don't have on the on a personal level what does that look like it looks like
00:39:00.900
people getting further and further into credit card debt one of the things that we saw uh last
00:39:05.620
quarter was not only people maxing out their credit cards but then choosing to not stop there
00:39:10.220
to use these buy now pay later plans to then borrow even more so that they're stretching themselves even
00:39:16.860
further they're pushing that leverage even further and what's going to happen now going forward i think is
00:39:22.780
that you are going to increasingly see people use more and more of their income just to service their debt
00:39:29.320
not pay it down but just make the minimum payments and just do enough essentially to get by because
00:39:34.820
you have to remember they couldn't get by before they got into debt now that they're in debt they still
00:39:40.160
can't pay their bills and now they have an interest expense on top of that and so that the government
00:39:45.260
parallel to that is that in this report for the first time ever annualized interest payments on the
00:39:51.540
debt hit a trillion dollars and so that means that now going forward we're going to see that number
00:39:57.460
continue to go up so we're going to be spending more than a trillion dollars a year again not to
00:40:03.300
pay down the debt we are just talking about the interest on the debt just the just essentially to
00:40:08.620
keep this ponzi scheme going tell me i want to go back because i had some hedge fund guys in here
00:40:15.300
and they're calculating and i want to talk to you about yellen playing some games i think yellen
00:40:19.660
i think treasuring the fed are working in unison it's not supposed to be like that the fed's
00:40:23.980
supposed to be independent treasurers doing this thing but yellen has abandoned uh financing this
00:40:29.760
government long term which is the way you should do it with tens and thirties she's everything's t
00:40:35.000
bills t notes i mean they are in kind of a ponzi scheme that every 69 days because they can't go long
00:40:41.540
right because they're afraid of getting stuck with these with these higher rates um or sticking people
00:40:46.940
with the bonds too tell me about uh tell me about how you derive that number that gets you to a trillion
00:40:52.760
dollars annually certainly so what you essentially do is you look at how much uh government actually
00:40:59.560
paid in interest this past quarter q4 the last quarter of 2023 and then you say okay if the same
00:41:07.160
conditions that exist here were to exist in the next three quarters so we had a whole year of this
00:41:12.960
four quarters in a row how much would the government actually spend in interest that's what we call an
00:41:18.300
annualized rate you take what what happened in a certain time period and you stretch it out over
00:41:23.320
the course of an entire year you can do this quarterly monthly uh you know however you want but
00:41:28.980
at the end of the day uh what we see now is that you are literally paying from again from here on out
00:41:36.060
over a trillion dollars a year just in interest on the debt this it's difficult to emphasize how bad of a
00:41:43.940
situation we are getting in here this is this is very quickly approaching that that credit death
00:41:48.880
spiral if you will where you just simply can not only can you not get out of the debt but you get
00:41:54.540
hopelessly further and further into the debt because again you can't pay your own bills and now you can't
00:42:00.680
pay the interest expense on top of that and so the interest expense even if you can get the spending
00:42:05.340
down the interest expense constantly compounds and makes your situation worse and worse over time
00:42:11.620
if this is why this audience is so important and to to do the wake-up call here if we left these
00:42:19.180
politicians first of the democrats are it is scary how little they understand and how less they care
00:42:26.940
they literally just think it's a perpetual money creating machine in the fed that there's no
00:42:31.500
consequence of this this audience particularly since we have so many working class people that are
00:42:37.560
have followed macroeconomics with us over the last couple years in capital markets middle
00:42:41.560
class people particularly entrepreneurs have their own businesses um people understand the the
00:42:47.500
tightrope we're walking if we just allow the political class to wait until the crisis absolutely
00:42:54.220
comes when you have no no way to maneuver every day you're getting less and less alternatives that's
00:42:59.940
why we got to do it today that's what that's this is why when they talk about we don't want to shut
00:43:04.680
down the government they don't want to talk to me they want to take msme cnc and cnn saying bad things
00:43:08.900
about them it's a crisis the only way you're going to solve this you have to lance the ball the way
00:43:13.540
lance the ball and say we're not doing this anymore we're going to stop this is insanity and this is
00:43:18.580
why i say and i disagreed with seb the other day we got a bet on this that when president trump takes
00:43:24.400
over the overwhelming pressure of the financial crisis given the spending because we can have
00:43:30.140
37 trillion dollars by the time president trump gets there we also have his tax cuts that come up for
00:43:36.360
renewal in the first month that he'll be in office in his second term in addition we'll have according
00:43:41.060
to todd bensman 12 to 14 million illegal alien invaders that all got to be deported though that
00:43:47.020
convergence of that crisis will keep us yes we're going to go after the deep state absolutely from
00:43:52.760
day one will that be the number one priority of you have to take care take out this police state
00:43:57.000
i think it's going to have to be the number three priority you can do a lot of things during the
00:44:00.620
working day but the reality is we're building the head up on a financial crisis
00:44:05.220
that's going to wipe out and you already see and this is why trump's polling is getting so good
00:44:09.740
with people under 30 and under 35 years old the light bulbs coming on and they're saying hey
00:44:15.140
it's impossible for me to have the same opportunities my parents had this impossible for me to have the
00:44:20.240
same life that my parents have there's a piece out today i don't know where it is my team showed it to
00:44:25.260
me 40 i think it's a 40 of people under 40 are still getting still getting money from their parents
00:44:32.720
they're paying their their everything from paying their their cell phone bill and all and the reason
00:44:38.120
is you can't make ends meet in in modern america sir steve a hundred percent and and you have to ask
00:44:46.960
yourself where is all all the money going and i don't just literally mean the money is in the sense
00:44:51.440
of the number of dollar bills but more so i guess i should say the value where is the value of my work
00:44:57.460
going why is it that my paycheck is bigger but but it buys less so the value is is going down
00:45:03.380
what is happening to all of the value that that i produce in society which my employer used to
00:45:08.960
compensate me for and and i used to be able to go out and then take that value and afford a home
00:45:15.220
afford a decent car i used to be able to support a family and now i can't do any of those things
00:45:20.180
anymore where did the value go i think it's really important for people to understand and and probably
00:45:25.300
most of this audience since they're so well informed they already understand it but it you
00:45:29.560
know it bears repeating that is getting siphoned off through the hidden tax of inflation every time
00:45:35.660
the fed prints a dollar that the treasury doesn't have but is spending anyway what happens they are
00:45:41.500
siphoning off a small portion of the value of all the dollars that exist throughout the world and
00:45:47.040
they're putting it into that new dollar that they just created multiply that by trillions and that's what
00:45:52.940
they've done over the last several years and that's why people feel poorer today it's because they
00:45:58.060
literally are and the purchasing power of the dollar dropped significantly uh ej where can people go to
00:46:06.080
get more about your content uh i know you got a lively comes in a little hot every now and again on the
00:46:12.100
numbers uh social media twitter all that where do where the people people go twitter is the best place
00:46:18.020
to find me the handle there is at real ej and tony
00:46:21.040
brother thank you thank you for your announcement i gotta have you back on yellen and the fed are
00:46:27.720
working yellen is she's actually doing yeoman work for biden of keeping those liquidity machine
00:46:32.520
she's looking at pockets she's doing a bunch of you she's doing some very slick and sneaky stuff
00:46:38.200
to keep the ponzi scheme going i want to get you back on and break it down maybe tomorrow
00:46:42.540
early next week be my pleasure ej and tony the man over at heritage and uh working with steve more
00:46:50.060
in the team uh to uh to break down all the numbers i talked about the the deep state in the uh
00:46:55.660
administrative state and taking on the deep state remember seb said hey this is gonna be a number
00:46:59.380
one priority don't get me wrong it's a in my cpac speech i said it was one of the three priorities
00:47:03.880
it still is the urgency of doing it now is actually greater you saw president trump today we didn't have
00:47:10.880
time to play it but president trump testified not there's any audio but he testified for three
00:47:15.460
minutes today and the judge was sitting there i think they you know people were saying uh you know
00:47:19.680
twill you ought to have marshals there ready to drag him off he says these people are insane
00:47:24.260
they're absolutely insane and this completely phony uh defamation thing is just another insane it's
00:47:30.040
just to take him off i mean think how tired you would be you know we work pretty hard at the at
00:47:35.780
the war room but we're focused we can stay in one location i mean we do travel a lot and do the
00:47:39.760
show from other places but look at trump trump's in these courtrooms and that's pressure packed the
00:47:44.120
entire time they're saying terrible things about you trying to take your money trying to take your
00:47:47.140
company trying to put you in jail then he gets on a plane goes up he's doing hour hour and a half
00:47:51.760
things at this rally this is why the nikki haley situation and now you got guys that they're on sea
00:47:56.080
saying oh we ought to we're going to pass a referendum next week to end this no you guys started it and you
00:48:01.820
exacerbated by the phony um the phony debate you had to keep this thing going and that's why nikki
00:48:07.740
feels she's in power to go do it but president trump is going to take on the deep state and
00:48:11.600
and seb's right is that it's going to be a priority priority i don't think it'll be the number one
00:48:15.960
priority because you've got to get the economy the capital markets the finances of the country
00:48:20.320
and this invasion stopped and this bill is not going to pass and that's not because president
00:48:25.080
trump's saying don't pass it for a political gain he's saying it's a horrible codifies the
00:48:29.880
invasion why would we possibly want that we don't want that president trump just by himself in the
00:48:35.260
first hundred days is going to do so much to shut down this border and to start detentions and
00:48:39.660
deportations then we'll go codify because we're gonna have a sweeping win but in the administrative
00:48:44.620
state one of those things is this is why we have silent slnt.com make sure you go there they're the
00:48:51.040
premier manufacturer of these faraday bags so to make sure that when you're having your con when you're
00:48:57.300
not having your conversations your phone your ipad your computer is tucked in something that both
00:49:03.980
foreign operators intelligence agencies domestic surveillance anybody can get to your can get to
00:49:10.580
your devices you have to take that extra precaution today hey peter navarro dr navarro one of our major
00:49:17.900
contributors got four months in a federal prison today just saying four months in a federal prison
00:49:22.820
and what did dr navarro do he stood up for the constitution stood for the constitution that's what
00:49:28.120
he did for that uh for that crime that's he's going to spend four months in a federal prison so hey
00:49:32.880
you know the apparatus is against president trump you know the apparatus against everybody that
00:49:37.780
defends president trump so make sure that uh that you go check it out go check silent slnt.com is one
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uh lou dobbs is going to follow us mike lindell is going to make a special announcement i think
00:50:00.260
there's some new hampshire some things happening up there mike lindell is always focused on getting
00:50:04.980
into paper ballots and getting rid of the machines uh although paxton i think told me from what i believe
00:50:11.200
you know i'm not a machine guy not that i don't think machines were somehow involved in some places but
00:50:17.040
i just look at the mail-in ballots and i think paxton looks at the same way that's how they stole 2020
00:50:21.700
they are all over stealing this in 2024 of that no now we're going to do two days live next week
00:50:27.800
from las vegas with charlie kirk jack basovic lindell will be out there all of us to get to the
00:50:33.660
bottom of this fiasco with the rnc they're calling now oh we need a referendum at the rnc to say this
00:50:38.720
thing's over and trump's presumptive nominee you should have done that 500 million dollars ago
00:50:44.760
this is a disaster and the rnc created it uh two things people always ask me the energy first off
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check it all out tage gill and the team of navy seals you get up early and get a uh and get a shot
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tomorrow morning stick around for lou dobbs we're back 10 a.m stick around see you then
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