Episod 4188： Chaos Abroad And Manufacturing Local
Episode Stats
Words per Minute
180.34705
Summary
This is the primal scream of a dying regime. This is the cry of the dying regime, pray for our enemies, pray to our enemies because we re going medieval on these people. This is not a tweet, this is a real thing.
Transcript
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this is the primal scream of a dying regime pray for our enemies because we're going medieval on
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these people here's not got a free shot all these networks lying about the people the people have
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had a belly full of it i know you don't like hearing that i know you try to do everything
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the world to stop that but you're not going to stop it it's going to happen and where do people
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like that go to share the big line mega media i wish in my soul i wish that any of these people
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had a conscience ask yourself what is my task and what is my purpose if that answer is to save my
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country this country will be saved war room here's your host stephen k band
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it's saturday 11 january in the year of our lord 2025 uh guys if you can put up for a second i'm not
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off this topic you put up you can't put up denver can you put up the flames of los angeles one of
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the smarter guys i know it just uh informed me that um when the engine room we have a lot of people
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that watch the show some of the most sophisticated people in the world and they send me things during
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the show i want everybody to understand this said hey bannon remember the 1906 fire in san francisco
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burned for four days and ultimately caused the panic of 1907 that jp morgan single-handedly
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had to fix however because of how bad the financial panic was it led to the fame meeting at creature
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island and eventually the start of the federal reserve this will be monumentally worse
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this is not a jokester he's connecting dots right there this is they said it's 50 billion dollars
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it's going to be 150 billion dollars north it's going to bankrupt that that that the uh um that that
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insurance uh situation out there where you can't get over you know you can't get all the insurance you
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need for the price of these houses now you have to go to a private thing that's pooled resources or
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it's pooled of insurance companies but it's kind of backed up by i guess a semi-government guarantee
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somehow or at least implied it's gonna be a massive ballot and then you're gonna have the whole question
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of why the country why is the country of 30 people making 32 000 a year bailing out some of the wealthier
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section you know bailing out homeby hills or or or beverly hills or brentwood or bel-air
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this is very serious folks and it's getting worse i mean how can you justify that how in the country
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as great as this country can you justify it you see katie turn these people you go back to pacific
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palisades they're in shock it's gone it's gone the catholic schools corpus christi's gone
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the temple's gone the episcopalian church is gone the library's gone the schools are gone
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the houses are gone alphabet streets these quaint little houses because they've got very tight
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restrictions not like manhattan beach some other place you tear a place down you build tehran do next
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to it these have very strict to keep the village flavor of and the flavor of the place like when
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total logic's not not perfect like when president reagan moved there with nancy
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why did they move there they were under they were understated folks gone gone that fire is burning
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this morning you wait till it gets to the getty museum what the getty museum is one of the greatest
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museums in the world right modern art i think not exactly my line of country but one of the great
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and what do they do they're sitting there trying to stop
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trump every step of the way every step of the way and everything i don't care if it's jiggering the balance sheet
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so that he's got he and besant have bigger problems what to deal with
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you heard best uh you heard a bensman right what they're doing with on the mass deportations fighting
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us every step of the way right up to the end in the ukraine shipping more you know honro's going
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to be in a second making it tougher to make a real deal there those are the three big lines of work
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everywhere you go and every one of these major things they're they're they're confronting you now
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when it should be pencils down the country rendered if they believed in democracy
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they would understand that the country rendered a verdict the country rendered a verdict on that
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fiasco yesterday in new york that embarrassment and told you what they wanted to do and man they
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did it they're like automatons convicted felon convicted felon i mean the chyron is bigger you
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can't you only see the heads of the people the chyron's three quarters of the of the screen
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convicted felon convicted felon you got weissman he's like convicted felon now you know he's a
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convicted felon i'm not so sure that act weissman is going to play in a cell block i'm not i'm just
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you know don't know don't know don't know that hello guys let's see your papers weissman you got
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bad paperwork you got bad paperwork weissman let's see it let's see your paperwork before you can go to
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mess hall before you can shower before you can use the tv room let's see your let's see your
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paperwork weissman let's see it bad paperwork well i didn't know
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uh mike hang on for a second i know you got to go but i got to get to something okay i want to go
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to the days of thunder for a second if denver can put it up and uh and i'm going to try to review it
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i'm going to bring um bring lindell in for a minute but i got to get to this to let you know the
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cavalry is on its way now our theory of the case is you got to flood the zone on this media and the
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apparatus otherwise they're going to try to pick you off one at a time and that's what happens right
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so here here's the good news starting next week and i'll read these we put it up denver
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on tuesday these are the hearings that are now scheduled and next week it's just flooded they
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flood the zone next week and they and they've done a great job of getting folks ready because you got to
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know you got to get all the paperwork for the fbi you also get all your financial stuff in order
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this is not easy it's very cumbersome very complicated then you have to do a murder board
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you have they go through exercise day after day of the questions are going to be asked so they're
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prepared on tuesday we have doug collins at the va congressman former congressman of georgia doug
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collins you got the one and only pete hegseth that starts at 9 30 a sec def we're going to be there
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with the veterans beforehand and i'm in the morning show we'll be covering that we're going to cover
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this and we're going to cover these live and figure out jump back and forth we'll be picking
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up coverage next week uh governor doug burgum secretary of interior that'll be amazing
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right energy national resource screen then wednesday christy noem homeland security pam bondy attorney
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general chris wright energy marco rubio secretary of state ratcliffe director of the cia sean duffy
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uh transportation russ vote the one and only russ vote omb folks for the transition team bravo zulu
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great job look at that with six or seven there next day pam bondy i think comes back for day two
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right you've got lee zeldin at epa scott turner at hud and our own scott besant the secretary of the
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treasury so that's going to flood the zone next we have tuesday wednesday thursday you get them all in
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hey i don't know maybe some committee votes shortly thereafter after president trump takes
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the inauguration maybe committee votes i don't know tuesday wednesday right to the floor you know
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next week could have you know it could field a pretty good team this is what's it now i would
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have loved to have those a couple weeks ago it wasn't to be but you got it done because the senate guys
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are trying to push it back this is suzy wiles in the team jason miller steven miller all of them
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great job to get president trump his team uh so days of thunder are going to start a little early
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because i'm sure there's gonna be some fireworks we gotta hey we're gonna have to be fixed bayonets
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we gotta get these people across the line the democrats are out there plotting and planning
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right if they can't stop it to try to embarrass and humiliate people and president trump
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we're gonna be the head of the curve on that so just make sure get ready next week's a work week
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okay and then following the following days of thunder really going to kick off in the afternoon
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of the 20th because president trump's coming in for shock and awe in every one of those verticals
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i think they're working on a hundred now the hundred just a minute the hundred are not going to all be
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day one first off you got to get these legal opinions office of legal counsel but there's going
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to be a grunch that are going to be day one in addition to other things you get they're working on
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some fantastic stuff and it's going to put people it's going to you're going to know there's a new
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sheriff in town when you see it so folks take the weekend off get ready next week's the war
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and posse up on the ramparts for the for the confirmation hearings and then get ready to support
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president trump uh president trump when he's when he pulls the trigger on monday we're also going to
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have some things in washington i'll announce some events that we want to invite the war and posse to
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to the degree we can kind of handle uh crowds but we're going to be announcing that with mo uh probably
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monday morning maybe i'll put it up on getter over the weekend and we get there but a bunch of groups
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are coming together put some stuff on be quite fascinating mike lindell you join us sir um i need
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a flannel sheet i need a cross i need a pillow what do you got for me and how we're going to do it
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well steve i want to quick make a comment on what on the fires out there first of all we're praying for
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everybody in california and i want to say you see everybody how important it is that elections are to
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secure our election platforms when you have people in charge that make nonsensical decisions
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or non-decisions um it's a perfect example of the nonsense uh with newsome and everyone else out
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there but anyway the our prayers go out to him and yeah for the weekend for the weekend war room posse
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uh earlier in the week we announced the crosses that i wear that you made in the usa we uh we launched
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them here on the war room posse it's an exclusive the women's is reversible it's got a mother of pearl look
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on one side and black on the other side and they're 30 off if you pull up that there it is
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the my cross necklaces uh you've all been waiting for them we had this probably the most requested
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product i've ever had uh you say 30 if you go to the website go down to you see steve this is really
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important scroll down to you see steve's face click on that and there you're going to come up with
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the my cross you're going to see the clearance event we have this is a war room exclusive all the all the
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stuff we're clearing out up to 80 off and then this um this pillow i'm holding here 749 this is the last
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two days for this this is the my pillow 2.0 7.49 so you have all this going on but get the crosses
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before they're gone uh this was a war room exclusive uh for 30 30 off and then there's my
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reps 800-873-1062 i'm actually in right downstairs i'm going to be heading down there i'm going to
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actually take a couple calls or we're out in our big meetings today so uh maybe i'll get to talk to
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one of you we love you the crosses are genius i know people ordered them they're they're stoked
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already so one more time where do people go for all this uh yeah go to the my go to my pillow.com
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get your crosses there um go to scroll down to you see steve click on there and then uh use promo code
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war room uh up 30 off or call 800-873-1062 800-873-1062 tell me you want the war room exclusives
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the my cross uh the my pillow 2.0 pillow 749 and all these flannel sheets we have the war room special
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queens 5988 and kings 6988 while they last while they last we we don't need no stinking satin sheets
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from populist give me a give me a flannel sheet mike lindell love you brother see you monday we'll
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talk later we'll talk this afternoon i'll see you monday back on the show john spiropolis john when
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you start and tell people what you're doing where they go how they follow you how they support you
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what are you going to get here all of it well next friday we head toward washington from uh indiana
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moved out of california a year and a half ago just in time um but we're going to be going into the
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crowds at the rally on the 19th on sunday and at the inauguration we want to hear from the people
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the the people who have suffered through the last four years uh i didn't watch network television
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from election night 2020 because of that fraudulent election and you know when i've talked to people
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across the country when we went with the truckers from california to washington they were all livid they
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were all fed up with the tyranny and we want to go celebrate it's that simple we just want to celebrate
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and revel in that victory and while we're there of course there's going to be some news breaking so
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we're going to ask people about that so we have executive orders as you mentioned there's hopefully
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we have pardoned of most if not all of the j6ers political prisoners yeah um and we're going to be
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monitoring what the news is and um uh finding out when it's going to happen now you may have an
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inside track on this where because hey hey what where do people where do people where do people go
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where do people go real quickly we're about to uh jump where do people go to get this find out about
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this i'm at at let's roll america at let's roll america on x truth social and getter
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okay brother we'll see you in dc guess you're excited about the fact you moved from la you move from
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you meet from southern california you meet some southern california to to la you're you're everything's
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open to you john as soon as you get here you can come anywhere you want anytime you want to come and
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visit the posse the posse meetup okay see you then good okay brother see you we're gonna be putting out
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everything we'll do it on monday i'm a little behind so much going on we're gonna put out monday the
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whole schedule for the week how's that sound there'll be various things we can we can hang out
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together love hanging out with you guys whether it's amfest here it's inauguration it's going to
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be historic it's going to be classic once in a lifetime johnny khan who lost his house in the
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palisades takes us out it's obvious the unthinkable continues most americans know something is very
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very wrong the people in charge keep telling you that everything's fine and to stop noticing but you
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know better that's why self-reliant folks are investing in emergency food storage and you should
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go there today action action action here's your host steven k band
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nicole shanahan we've had her on the show she's the uh the vice presidential candidate under bobby
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kennedy it comes from uh silicon valley one of the smartest people i know nicole shanahan
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and if grace can get it in the live chat and get the camera let's get to denver so they can put it up
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this is a quote for all of you climate change doomsayers california has been out of a drought
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since 2022 we've seen record rainfall and yet the california department of water resources big city
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mayors and the governor have failed to use that water to increase ground hydration and strengthen
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emergency fire services they look the other way despite warnings from universities fire departments
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farmers and consultants offering actionable plans it's mind-boggling negligence i would say criminal
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negligence ma'am continuing on the government of cal in california has been taking orders from the
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wrong people for too long it's time they wake up grow a pair and get to work for the people that's
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nicole shanahan vice presidential candidate with bobby kennedy and hopefully she takes a senior role
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in president trump's administration uh birchgold.com philip patrick is going to be with me
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philip actually had his house evacuate the other night uh he's still got some tough cell service we're
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going to try to get him up on on video and hope it goes well philip patrick of birchgold will be
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joining us folks i haven't even gotten to the financial part because we don't have time today we'll
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talk a little bit about it with with philip and the refinancing of this birchgold.com uh slash bannon
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just don't get the it's got the end of the dollar empire of the free you get the modern monetary
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theory do that but i think now you need to actually build your relationship with the company you need
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to meet philip patrick and their advisors talk about 401ks uh iras all of it the instrumentality of
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how you get involved in precious metals as an alternative investment particularly a hedge against
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times of turbulence so check it out today birchgold.com slash bannon get everything there or you can
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just take bannon b-a-n-n-o-n at 9-8-9-8-9-8 on your phone you get all your information how's that
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modern technology who to thunk it right ben harnwell another thing so with three lines of work
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right you got the financial i'll have philip patrick totally turbulent seven train that's
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got to be refinanced we now found out you just see what they're doing on the deportations in the border
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right they're putting up barriers they're making it tougher they're giving people waivers
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british jumps all over that that ain't nothing compared to the stopping the kinetic part of the
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third world war which we're in right now with a million seven either dead or wounded in ukraine and
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ukraine looks almost as bad as uh as the palisades not as bad think about that three years of war
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with the russian army it doesn't look as bad tells you how california looks today ben this article
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kagan i know you got new updates on this biden these guys are shoveling money over there as fast as
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they can to try to make sure the ukrainians continue to fight to try to take away president
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trump's ability to end this thing kagan they have set a trap for president trump they want
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president trump to own this war and own the catastrophe the geopolitical catastrophe the human
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catastrophe the financial catastrophe they want it on trump they're actually writing articles in in
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uh in atlantic and you see those guys from atlantic which is the new railhead of the left that
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magazine you see them on msmc and cnn all day long they're laying a trap for president trump this is
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why it's incumbent upon the new secretary of state marco rubio is going to be and he's going to be
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hammered next week we're going to bring it to you live in his hearing they're going to be all over
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marco on ukraine okay remember those demons up there in the senate they the armed services committee
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want us to be involved in perpetuity so ben harnwell give me an update because it was you
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that dug out of the financial times that buried lead that actually president trump is kind of being
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tapped along to this saying hey maybe i can take six months no no no president trump president trump
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day one we gotta you gotta lay down the framework that we're going to extract ourself from this are
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they're going to stick it on you sir ben harnwell thoughts steve good morning well it's absolutely
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as you say it's a giant lobster trap that the neocons are laying for president trump um and
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obviously what they want to do is they want to pin all the disaster all the the the the meat grinder all
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the huge waste of money they want to pin this on donald trump rather than on the outgoing regime
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and donald trump is the only person really because he's at the top of the apex
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he's either going to play along and walk straight into that trap or he's going to turn it around in
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their face um i just want to quickly go back to something you mentioned because it's absolutely
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true in your introduction the palisades i think the conventional the running total of damage is
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between 100 and 150 billion dollars right now of course it's changing on a daily basis let's not
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forget that the biden regime has given a minimum 250 billion dollars to ukraine so really you could
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rebuild the palisades twice over and still have change um and i'm not an advocate for saying that
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the federal government should come in and and fulfill the role of private insurance not in the united states
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it's not a collectivist country but i'm just making the point but they all they all wave the flags
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they all wave the ukrainian flags this is the huge thing is that when we get into these fights
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about the refinancing of and taking care of insurance you got to harken back to what these
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guys did they spent like drunken sailors we sent a quarter of a trillion dollars 250 billion dollars
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to ukraine already to what to kill a man to kill and wound a million seven people and leave it like
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dresden that that's that's what we've got and you're going to see these big arguments money is not
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just tight money is actually non-existent and these fights are going over money that's why the crimes in
00:22:17.700
ukraine are just are monumental what should is we got a bolt uh ben but what should trump do in
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these first what should he be thinking about right now what is your advice you've been on this for
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three years what's your advice to the president the president on day one within the first 24 hours
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should withdraw united states that united states from all engagement in ukraine and should say so
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explicitly shouldn't wait for negotiations doesn't need to sit down with putin doesn't need to sit down
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with zelensky there is nothing in these supposed negotiations that the united states needs to fight
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for because it has no interest in being there for three years the biden regime has never said what the
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united states interests are in that region of the country nothing to protect nothing to defend so
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donald trump on day one first 24 hours should withdraw the united states it's as simple as that because if
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he doesn't in six months time and he's either going to withdraw at that point and hand zelensky over to
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putin or he's going to let putin in the eye and play a tough man and keep the united states in the game
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there is a no-win situation for him there's no uptake for um for donald trump in remaining in the game
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first 24 hours withdraw the united states and make sure the responsibility for this is pinned
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exactly where it belongs on joe biden steve i'm on getter at harnwell on getter all weekend
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thank you everybody the injure the engine room just informs me too that the palisades crowd was a big
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ukrainian crowd hey i'm i know maybe it's a bad day to bring it up just saying you're gonna have to
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face all these hard truths folks hard truths ben thank you up on getter ben stuff's amazing i want
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to leave you with some great news coming out of california there's a new book out but more
00:24:02.280
important in the book there's a movement john gardner joins us now from southern california
00:24:06.340
manufacture local how to rebuild the united states into a manufacturing superpower john we got about
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two minutes i'm gonna toss it to you we're gonna have you on a lot more as we go forward but i wanted
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to leave people with you and philip patrick to upbeat messages at the end of a very trying week
00:24:22.500
sir what do you got uh hi uh yeah i wrote manufacture local how to make america the super
00:24:28.900
manufacturing superpower of the world because i wanted people to understand president trump's
00:24:33.140
tariff strategy and how america paid all of its bills for their first 140 years of his of its
00:24:38.700
existence with tariffs there was no income tax there's no sales tax there's no estate tax
00:24:43.480
and slowly these taxes on the internal revenue service started taxing americans as they phased out
00:24:50.320
the external revenue service that was created by our founding fathers and we need to get and president
00:24:55.100
trump wants to get us back to an external revenue service that does not target our citizens i also
00:24:59.980
want to destroy the myth of unilateral free trade and how that benefits our nation uh americans have
00:25:06.200
been brainwashed by academics like milton friedman and thomas soul uh who all i agree with some stuff they
00:25:12.340
say but they support unilateral free trade meaning we tariff we do not tariff america does not tariff
00:25:18.240
while other nations tariff us at 100 150 percent and that makes no sense and i on the note of
00:25:23.980
unilateral free trade i want to ask about the moral component our our supply chain is permeated with
00:25:29.240
goods made by forced labor slave labor and yet there's no moral component to stop that and
00:25:35.080
manufacture in america and have the dollar that people spend stay within the american ecosystem and
00:25:40.140
help your neighbor uh give them a job and stay within america and build our country up uh beyond uh the
00:25:47.500
the the the you know national security uh is is threatened when a nation does not produce its own
00:25:52.840
goods independent nation is only independent if it can produce its own goods and 80 percent of global
00:25:58.240
trade is based on goods not services yeah john uh real quickly where do people go we'll have you back
00:26:05.500
on i want the concept to stick this weekend folks external revenue system external revenue service not
00:26:12.440
an internal revenue service look to the outside to make them pay and it doesn't come it doesn't increase
00:26:17.580
the cost of goods john where they go brother uh just google uh manufacturer local john gardner uh
00:26:24.160
just google manufacturer local john gardner will be on amazon barnes and nobles and walmart
00:26:28.940
are you are you on social media do you have a social media handle uh x uh john gardner voh
00:26:36.980
john gardner voh love you brother good news coming out of southern california right there john gardner
00:26:44.500
thank you look forward to having you back on thanks steve thanks for having me external revenue
00:26:48.600
the external revenue service you like that sound of that you like the ring of that president trump
00:26:54.220
does he got big big ideas on trade and on tariffs okay we're gonna take a short commercial break philip
00:26:59.620
patrick's gonna join me on the other side hey you talk about supply chains jace medical jace medical
00:27:05.560
the guys that pick the lock on the chinese communist party supply chains of all your drugs go to
00:27:10.460
jace medical.com put in bannon get a discount do not let the ccp get between you and your medicine
00:27:18.820
how do you avoid that the guys at jace medical dr sean rollins in the team took care of it go check
00:27:26.460
it out today boy gardner's amazing external revenue service i love that it's got a great ring to it right
00:27:31.740
okay uh nicole negrady is going to take us out with modern day holy war i think that's what we're in
00:27:38.320
the middle of philip patrick joins us next birch gold we're going to talk capital markets we're
00:27:43.740
going to talk deficits house president trump and that main line of work the existential threat the
00:27:48.660
ticking time bomb of the national debt president trump's got a plan and he's going to be chopping
00:27:54.160
wood to get us to it short commercial break we'll return in the war room just a moment
00:27:59.280
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okay welcome back we're gonna do some capital markets and some geopolitics the same time as we've got
00:29:27.360
philip patrick um at from birch gold and folks we do these as we told we do these partnerships or
00:29:34.200
these sponsorship agreements we one things that we demand is obviously the company's got to be the top
00:29:38.640
and it's it's field but we also want to make sure that the audience gets full access to senior
00:29:43.600
leadership and the feedback we've gotten over the last couple years people just love dealing with
00:29:47.760
philip patrick his team not just he's making a lot of smart calls but really the customer service and
00:29:53.240
what they do to to kind of bring you in and make sure you fully understand about precious metals a hedge
00:29:58.640
everything philip uh and i really appreciate you and for the audience it may go in and out because philip
00:30:04.020
is is really contacting us from his home which is in one of the the the places under siege in la just
00:30:10.940
give it give us an update what what has it been like what was it this thing's so apocalyptic i i have
00:30:16.280
um very familiar with uh how do i say this play very familiar with real estate in the palisades
00:30:22.420
i have a ton of friends the great johnny con at breitbart lost i mean mo went to prep school at
00:30:28.440
marymount right there on sunset across from ucla i think half of her class of palisades she's got i think
00:30:34.600
a half a dozen classmates that have even lost their family's houses or their own houses that they've
00:30:40.460
grown up and kind of moved back there the thing in palisades philip is so apocalyptic it's almost a
00:30:46.520
bigger belief tell us about your experience i mean uh apocalyptic is is the word to use and and this
00:30:55.400
is really just been been devastating i've lived through a number of fires in in los angeles but
00:31:02.200
never seen the devastation i personally like mo know a lot of people who have lost their homes
00:31:09.700
lost their livelihoods and it's just just unbelievable to see we've been fortunate we
00:31:18.020
were in the hollywood hills uh the fire luckily started blowing in the other direction we were
00:31:23.820
evacuated for for just a night so we've personally been fortunate but but just devastating and the more
00:31:32.600
we look into it you know obviously the disaster was was is a natural disaster but it appears there's
00:31:38.320
been some mismanagement i'm also very concerned about insurances right a lot of these people in high
00:31:44.200
fire zones had their insurance cut uh a few weeks ago they have access only to something called the
00:31:50.340
california fair plan which has about two and a half billion dollars in funding we're looking at about
00:31:57.600
60 billion dollars of damage and counting so getting concerned whether these people are going to be
00:32:03.440
reimbursed and get to rebuild those homes so really tough and my heart goes out to those that are
00:32:10.240
really suffering no it's a look it's a it's a look the natural disaster of it is is is biblical but
00:32:21.460
added on top of that and i think you're seeing this i you know i love california still own a bunch of
00:32:26.520
property down in the laguna beach you know newport beach laguna beach area i was you know had uh
00:32:32.600
locations up in the palisades and then manhattan beach and just moved uh you know moved south
00:32:38.280
although one of my ex-wives was still up in uh in the palisades and the palisades is such a quaint i
00:32:44.180
mean it's where ronald reagan moved in the in the 19 uh i think 1930s 1940s it's just such a quaint
00:32:49.500
neighborhood they've just been totally destroyed pch in malibu with all those classic old restaurants and
00:32:55.160
houses just all gone it's just it's it just beggars belief what happened but it was on top of it it's
00:33:00.620
this man i mean it's left wing we talk about all the time at the federal level at the international
00:33:04.860
level it's this intrusive progressive left-wing government that's intrusive but doesn't really
00:33:10.700
get anything done right they're just in to get into your life and i think there's got to be some
00:33:15.100
accountability here about where are the firemen where are the police officers you know where were there's
00:33:20.640
no ding on the firemen or police officers they just weren't deployed or there's not enough of them
00:33:24.340
and particularly where's the water where's the equipment i mean it's just stunning i sat there
00:33:29.040
for an entire day watching here mesmerized on cnn msnbc and literally at the palisades then the guys
00:33:36.180
later reinforce it never saw a fireman and i'm saying how this place is they they the entire
00:33:41.660
little town burned to the ground and nobody showed up
00:33:54.240
yeah okay uh tell you what let's uh let's try to come back i'll continue on let's try to reboot philip
00:34:02.020
uh it's gonna be quite tough he's still in a very active area i mean this is why chris whore's
00:34:07.720
satellite phone was so uh was so powerful um the um on burst gold run the reason i want to have philip
00:34:14.800
on here about the entire timing of this you's heard yesterday from jim rickards i've been talking
00:34:20.140
about it the world's essentially got roughly it and i'm rounding up here uh 300 trillion dollars
00:34:26.340
of debt at every level okay at every level you heard rickard say yesterday about the about the
00:34:31.780
liquidity problems right we have liquidity issues it's one of the reasons people are thinking about
00:34:37.380
uh yeah let's just do it by phone if that's easier uh if you you know we've had this liquidity
00:34:42.620
issues i keep saying the entire world's over leveraged that we've taken governor government
00:34:48.760
borrowing but also you know by easier uh with less constraints you've had corporate borrowing
00:34:55.340
you've had individual borrowing you got credit card debt you have mortgage debt everything's been a
00:35:00.500
little loosey-goosey as rates start to go you're essentially going to have the world's biggest margin
00:35:05.420
call now now jim rickard's called the liquidity crisis i'm calling essentially the same thing but
00:35:10.260
using a trading term a margin call what does that mean that means when you have leverage
00:35:15.060
and rates start going up but they you know they they either you got to pay more interest or they
00:35:20.720
just roll that interest to your you know to your what they call pick or payment in kind you just add
00:35:26.040
to the face amount either way the the lenders said come back and say hey look you got to put a little
00:35:32.560
something more in the deal i need something underneath this you need more basically more equity and that
00:35:37.040
means cash money and people don't have it and so that's when you have a that's that's a margin
00:35:41.840
call the call it says hey if you don't if you don't put some more cash into this deal we can hold
00:35:48.260
your position but if you don't we're going to blow you out of the position we're just going to sell
00:35:51.280
the debt or wherever you sell it at uh that is what is that is what's going on now this is why
00:35:56.820
there's a method to our madness here with the birch gold guys and we worked on this for a number of
00:36:02.420
years you can tell me when we got him on the phone i'll pick him back up we've worked on this with
00:36:07.360
philip patrick over a number of years this is one of the reasons we partnered with us say hey look
00:36:10.860
let's let's do something different let's instead of talking about the instrumentality or the actual
00:36:15.520
products you guys let's get people smart on the underpinnings of why gold is actually a hedge
00:36:20.840
and what i'm proudest about with philip i think we started working on this three years ago
00:36:24.920
and if you read the end of the dollar empire it's pretty scary how accurate we've been
00:36:29.880
and one of the reasons philip and his team at birch gold are i think the most seasoned
00:36:34.020
professionals i've ever met when it comes to precious metals and our team you know whether
00:36:38.680
it's scott percent who's going to be the new secretary of treasury or peter navarro is going
00:36:42.120
to be special counsel to the president for trade and manufacturing or people like you know jason
00:36:48.620
trenard or dave bratt uh you know cortez in the old days um ej and tony and a couple of those guys may
00:36:55.140
see positions also in the government we've done a pretty good job of the macro with philip
00:36:59.600
and that's what we're talking now but you got to understand this idea of the uh in the end of
00:37:04.440
the dollar empire of modern monetary theory because this was the idea that kind of drove all this
00:37:09.400
so go right now to birchgold.com slash bandit you get all the series free we put the information out
00:37:15.500
for free and you can get that you can also talk to philip and his team which i strongly recommend you
00:37:19.940
do you can talk to them about what i call the instrumentality of how you get into precious metals
00:37:24.200
a couple of easy ways of your ira or 401ks they've got all kind of tax deferred or tax-free
00:37:30.600
ways to do that so it we're going to give you the macro information for free they'll give you all the
00:37:36.460
other information for free but you build a relationship with them and you'll know more and
00:37:40.320
look gold's been on a tear for the last couple of years but you should think of it as a hedge
00:37:44.600
against times of trouble philip i'm talking about thank you for joining us for phone and philip is in the
00:37:49.920
in the hollywood hills area so that's still they're still under you know kind of assault and
00:37:54.580
they won't really be up on telecommunications for a while but join us by phone philip you know
00:38:00.280
rickers is on the other day we talked about this global liquidity as we're seeing the 10-year treasury
00:38:04.560
get to five we're seeing the we're seeing that the the guilt the guilt is literally blowing up
00:38:10.320
uh you it's it's it's pretending a liquidity problem maybe even a liquidity crisis that i say
00:38:19.340
may end up being the world's greatest margin call walk me through the thinking over at birch gold
00:38:24.160
look the the problems are not not going away at all um janet yellen gave an interview recently
00:38:32.560
on her way out saying it's very important that we took our taking government deficits
00:38:38.700
seriously which quite frankly was a slap in the face after she'd added eight trillion dollars to the
00:38:46.000
national debt but the the premise is there right we are in a very very tough position we have a world
00:38:52.920
running away from the u.s dollar we have huge deficits about two trillion dollars annually and
00:39:00.340
the problem is in situations like this with debt growth on the back of higher financing costs it just
00:39:06.940
starts to compound the problem we've got a federal reserve now that are saying higher for longer
00:39:11.780
obviously employment numbers coming out yesterday were positive which doesn't bode well for the
00:39:18.460
trump's supply side growth environment but i'm getting more and more concerned right when debt costs
00:39:25.980
start to go up like this governments have to issue more debt to pay for it currencies weaken and
00:39:31.680
ultimately sometimes collapse completely i'm getting more and more concerned of the sort of challenge in
00:39:38.600
front of trump and bess and when it comes to balance in the books i think to do so without touching social
00:39:45.320
security or defense spending which they've already said they won't is going to be very tough so
00:39:51.520
ultimately it leaves us in a position with higher interest rates across the board higher rates means
00:39:57.720
reduced economic activity and is just going to make the job very very difficult now i've said before and
00:40:05.080
i'll say it again we haven't got a better team to push but it's a it's a very tough situation that
00:40:12.000
we've inherited and i think people need to start looking at ways as you've mentioned before to
00:40:17.680
diversify out right just make sure we have a measure of a hedge in place that precious metals have provided
00:40:24.940
that hedge as you say many times for thousands of years but i think in climates like this specifically
00:40:31.240
they're very conducive for the problems we have and this isn't a case of people dumping all of the
00:40:36.980
dollars they have but having a measure of insurance and there isn't a better one than than precious
00:40:43.360
metals for the problems that we have you know one of the things that concerns me you know scott was a
00:40:49.440
regular on the show and now he's secretary of treasury or he'll be you know his hearing will be next
00:40:54.540
week he'll be confirmed pretty quickly it's already incredibly if i'm wrong it's seven trillion dollars
00:41:00.980
we already know has to be refinanced this is not i'm pretty sure it's not the new issues that have to
00:41:06.440
happen with the new deficit and we're still going at a trillion dollars every hundred days i mean god
00:41:12.400
bless doge and god bless russ voted omb in this appropriations process but it's kind of baked in when
00:41:18.360
you have a nine hundred billion dollar nda for for for you know national defense authorization for the
00:41:23.200
military budget i'm sure cuts are going to come i'm not so sure they're going to be the scale or the
00:41:28.300
are the uh or as quickly as people are hoping with seven trillion dollars that has to be refinanced in
00:41:34.920
this coming calendar year uh by beset and treasury what does that mean for precious metals look i i think
00:41:43.960
you know they say every cloud has a silver lining and i think it does obviously bode well for precious
00:41:50.000
metals because it doesn't bode well for the economy or for the dollar longer term but it's it's a it's
00:41:57.040
just a colossal problem we have a liquidity crisis the sheer quantity of short-term debt janet yellen
00:42:05.180
issued towards the end of her tenure presents a big problem for beset and he has to roll over a huge
00:42:11.820
amount of short-term debt essentially on on day one and it's going to get expensive and it's going
00:42:17.220
to compound the problem and i tend to agree with you look i'm excited by doge i think it's it's
00:42:24.080
something we need cutting two trillion dollars though is going to be an impossibility i just don't see how
00:42:31.160
they do it particularly if they have to leave defense spending and social security alone which
00:42:35.980
they're pledging to do so so i think we're going to continue to run deficits the hope is that doge
00:42:41.800
can offset at least the tax cuts and not increase the deficit but then we really need to focus on
00:42:48.280
on growing the economy and doing it in a very very quick manner but the problem is one of the challenges
00:42:55.260
that the new administration is facing at least from a market perspective is essentially that a lot of the
00:43:00.740
good work that they could do has already been priced in before they've shown up right right after the
00:43:06.200
election we saw the dollar index so we saw fell fell fell fell do you ever think how can i work this
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we got phil patrick on the phone um can't get him up on skype and the reason is he's in a
00:44:39.560
still a damaged part of la philip i want you to continue give me a minute or two on that because
00:44:45.900
it's quite important when we talk about this global liquidity crisis that's leading to a margin call
00:44:50.920
uh it's going to be very disruptive to the economy president trump is taking on a situation in the
00:44:56.060
economy that's worse than the deportation of the 15 million and worse than trying to stop the connect
00:45:02.140
part of the third world war and those are both tasks they would take up many administrations all the
00:45:06.000
time this is the most important and the most and the toughest phil patrick yeah i i agree vehemently i
00:45:13.920
mean i i've said before uh president trump has to be a patriot because this is the toughest job
00:45:20.520
arguably in in history given to a president certainly from an economic standpoint from a
00:45:25.680
geopolitical standpoint um i don't think there is like i said a better man to to take it on but the
00:45:33.080
level of the the challenge in front is is quite frankly unfathomable um like i said uh in in sort of
00:45:41.400
prior to the break i think from a market standpoint there are challenges a lot of the growth has been
00:45:47.720
priced in already which means curbing spending is going to be i think the only way to get out of it
00:45:54.420
and that's going to be a tough job to do so um excited for the year because i think continuing how
00:46:02.340
we have been for the last four years was an impossibility uh with creative destruction which
00:46:08.340
is what's going to be required to get us out of this mess there's going to be a level of excitement
00:46:13.580
but the job in front of president trump and the team is is very very tough to say the least
00:46:19.920
philip we've done this partnership over the last couple years and done the end of the dollar empire
00:46:25.860
put all this free information but i want people specifically they can get the free information people
00:46:30.780
know where they go they're doing a great job of studying and learning up on it i want to make sure
00:46:35.980
people know how they actually get a relationship and get to know you and your team there so they
00:46:40.880
can start to think through hey maybe precious metals is right for me what instrument do i do it and how
00:46:46.120
do i get involved where do i do it they got a main and one questions how do they engage with your how
00:46:50.940
do they engage with your team i mean look the first thing to do is reach out and get the information
00:46:56.120
two ways to do that one is birchgold.com forward slash bannon birchgold.com forward slash bannon
00:47:04.880
for those who prefer text very simple text bannon to 989898 bannon to 989898 that will get them
00:47:16.000
access to the end of the dollar empire series the most recent volume volume six is now out on
00:47:22.480
modern monetary theory i don't think there is a topic more current than that today i think everybody
00:47:29.240
should read all volumes and certainly the new one volume six from there they have access to a free
00:47:36.920
information guide on how and why to invest in precious metals as well as an add-on on why to
00:47:43.340
invest in precious metals under a trump administration specifically from there they'll have access to
00:47:49.340
myself and a lot of people like myself that are there to guide through answer any questions and and
00:47:55.140
make make make people comfortable so get the information uh start there get reading and we'll
00:48:01.660
be here to support from them so i can tell you uh you know starting next week we're going to be doing
00:48:09.880
um all these specials every day about confirmations about the executive orders getting ready for
00:48:15.080
the jumping off point really a week from monday which will be the 20th of january in the year of our
00:48:20.840
lord 2025 where president trump president trump takes the oath and we get on with it the one thing
00:48:26.860
i can tell you if you look at the three big lines of work it's nothing but turbulence president trump
00:48:31.000
is the steady hand that's going to get us through this but fasten your seatbelts because it's going
00:48:35.900
to get quite bumpy and that's why you need to talk to the guys at birch gold now you need to talk to
00:48:39.880
the men and women over there start to build your relationships you can right now the simple way to do
00:48:44.840
is text bannon and nine eight nine eight nine eight or go to the uh go to the site birchgold.com
00:48:51.620
forward slash bannon you get the end of the dollar empire you can also they have uh free brochures all
00:48:57.740
of it free on you know 401ks iras tax deferred instruments the different ways you can get involved
00:49:03.900
but do it today and talk to the uh talk to the guys at birch gold get a personal relationship make sure
00:49:08.980
you understand this and learn why gold has been a hedge for 5 000 years of man's recorded history
00:49:15.060
uh philip people want to know already in the chat you're going to be okay you and the family and i
00:49:20.380
know you recently married uh i guess you're showing your bride the uh the the the tougher side of living
00:49:26.680
in la right oh by the way we got hurricanes floods and we got we got fire too so really appreciate you
00:49:33.640
doing this what's your social media people and go uh follow you yeah at philip patrick on getter
00:49:40.900
uh philip patrick on getter we are safe we're we're we're very fortunate thank people for reaching out
00:49:47.340
on on my behalf we're we're one of the fortunate ones there are a lot of people that that haven't
00:49:52.760
been so my heart goes out to them but thank you for having me on as always steve thank you phil
00:49:59.700
appreciate you okay philip philip patrick and the team at birch gold you know and everything we're
00:50:07.480
trying to do now is to try to build the your intellectual infrastructure so that when you go
00:50:12.480
into these fights and kind of go into combat and you know we're calling here and you're doing this
00:50:16.340
you're putting pressure on this that you always kind of keeping back your mind hey what's the idea
00:50:20.620
that's driving this that's one of the things i'm proudest about the show is that when i first
00:50:25.400
started doing this even even at breitbart radio a little bit but much more in the world
00:50:29.580
started doing a lot of capital markets and finance and economics you know so many people
00:50:34.800
in the business said ben what are you doing this is snooze fest people don't understand any of this
00:50:38.680
thing i said i don't know let's give it some time and the audience you guys have loved it why
00:50:43.960
it shows you how the way the world works at the end of the day you know we're in a spiritual war
00:50:50.100
and i know our army the awaken understands that but that war manifests itself in the material world
00:50:57.280
when you're dealing the imperial capital you got to come with the right elements but man it's all
00:51:02.480
about money and power okay birchgold.com really proud to have those guys and listen whether you
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so good birchgold.com forward slash band and philip patrick the squad the right stuff takes us out on a
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saturday next week gonna be crazy i'm gonna be up on social media the entire weekend we're kicking
00:51:33.160
off with massive shows all next week you want the inside scoop you want to know where this thing's
00:51:38.880
really heading in fact you want to know where it's heading two three weeks months in advance
00:51:43.880
that's the war room uh you all brought this victory it was on your shoulders arrested
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president trump needed you to have his back and you did you know why donald john trump and the war
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room posse and the mega movement they got the right stuff we'll see you we're going to leave you here
00:52:03.680
now we'll see you back here at 10 a.m eastern standard time monday morning
00:52:08.140
i want to warn you of a huge change that could be coming to our money in our bank accounts first
00:52:34.160
think back to 9-11 shortly after the government pushed through the patriot act
00:52:37.820
this gave the government power to spy on innocent americans by monitoring our phone and email and
00:52:43.880
tracking our movement across the internet now jim rickards editor of the independent financial
00:52:49.400
newsletter strategic intelligence and new york times best-selling author is warning about a coming
00:52:55.000
event that could elevate this governmental surveillance to a terrifying new level in fact
00:53:00.440
some of the guests i've had on the war room believe that the government will soon
00:53:04.020
expand their powers to track our every move if we say the wrong things on social media donate to the
00:53:10.860
wrong causes buy firearms or even vote maga the government may be able to shut us out of our bank
00:53:17.160
accounts i can't say for sure if this will happen but it's an interesting and dire warning
00:53:23.740
fortunately jim rickards an american patriot and friend of mine has made it his mission to educate us on
00:53:29.100
what he believes is coming and how to protect yourself from the possibility of programmable
00:53:35.560
money watch jim's warning video now before it's censored like i've been in the past go to
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