Bannon's War Room - July 16, 2022


Episode 2007： How To Win The Long War： The War Room Solution


Episode Stats

Length

50 minutes

Words per Minute

170.23692

Word Count

8,649

Sentence Count

611

Misogynist Sentences

2

Hate Speech Sentences

18


Summary

On this episode of The War Room, we have a special guest, Jerome Rivera of The Economist, who joins us to talk about how to win the long war. We also talk about the Coronavirus outbreak in China, the Ukraine crisis, and more.


Transcript

00:00:00.640 Well, the virus has now killed more than 100 people in China, and new cases have been confirmed
00:00:05.580 around the world.
00:00:06.540 So you don't want to frighten the American public.
00:00:08.840 France and South Korea have also got evacuation plans.
00:00:11.540 But you need to prepare for and assume.
00:00:14.660 Broadly warning Americans to avoid all non-essential travel to China.
00:00:18.880 That this is going to be a real serious problem.
00:00:20.880 France, Australia, Canada, the U.S., Singapore, Cambodia, Vietnam, the list goes on.
00:00:25.340 Health officials are investigating more than 100 possible cases in the U.S.
00:00:29.360 Germany, a man has contracted the virus.
00:00:32.800 The epidemic is a demon, and we cannot let this demon hide.
00:00:36.240 Japan, where a bus driver contracted the virus.
00:00:39.560 Coronavirus has killed more than 100 people there and infected more than 4,500.
00:00:45.400 We have to prepare for the worst, always.
00:00:48.180 Because if you don't, then the worst happens.
00:00:51.660 War Room. Pandemic.
00:00:53.840 Here's your host, Stephen K. Bannon.
00:00:57.740 Okay, welcome here in the War Room.
00:00:59.200 It is Saturday, 16 July, the year of our Lord, 2022.
00:01:03.680 We're going to get into it today.
00:01:05.060 We're going to have Jerome Rivera, hopefully, here in the War Room in a little while.
00:01:10.240 But we're going to go spend the next, go through what is called,
00:01:14.840 The Economist this week called this, How to Win the Long War.
00:01:20.200 And I know if you're on the podcast or on radio, you can't say I've got the cover up.
00:01:25.640 By the way, this is why you've got to go.
00:01:27.700 Everybody's got to go to our website.
00:01:29.920 Join our email list.
00:01:31.040 You get the daily show notes.
00:01:33.160 They come out, and they've got a lot of the videos associated with them.
00:01:35.880 Or go to Getter.
00:01:38.280 Everybody in our audience should be on Getter.
00:01:41.080 Why should you be on Getter?
00:01:42.600 You get the best of Ben Harnwell.
00:01:44.160 Harnwell's on fire on Getter.
00:01:45.760 He's doing live streams.
00:01:46.880 He's putting analysis.
00:01:47.600 But I put up stuff all day long.
00:01:48.820 I'm putting up 20 or, you know, 30 pieces all day long about an analysis at the top of the scene.
00:01:55.540 You can kind of understand what's going on politically, geopolitically, economics, capital markets, politics here or throughout the world.
00:02:03.340 The Economist has got how to win the long war.
00:02:07.880 Okay, and it's all about a very skewed and very wrong-headed approach to the Ukraine, which is something that we would never agree with about what their policy is towards Russia.
00:02:23.840 Earlier in the week, and I kept a stack of stuff here, early in the week, and this is what, remember, during the week I was heckling everybody about this.
00:02:32.220 You had, because remember, the $40 billion, the $40 billion of your money that was voted, they first of all had to move the entire discretionary spending bill of $1.5 trillion in the middle of the night.
00:02:43.900 Couldn't even read it.
00:02:44.620 Why?
00:02:45.400 It was so important to get the $10 billion to Ukraine for emergency measures, and the Republicans are the ones that agreed and pushed this in the Senate.
00:02:53.820 That $10 billion, then it was followed by $40 billion.
00:02:56.780 Nobody even read it.
00:02:57.720 It took the heroic rant, Paul, just to slow it down a bit.
00:02:59.860 And, of course, the headline in the, this was in the, I think it was Wednesdays, the Financial Times of London, not gateway pundit, right, not national file.
00:03:10.740 What does it say here?
00:03:12.020 West fears arms sent to Ukraine end up on Europe's black market.
00:03:19.260 Kiev issues assurances, the whole thing.
00:03:21.180 Allies want a tracking system concern over criminal gangs.
00:03:24.620 And, as we noted, they're selling to the highest bidder, so they're actually selling some of this to the Russian military.
00:03:30.640 It's the third most corrupt nation on earth.
00:03:33.500 It's unworthy of being an ally.
00:03:35.320 It will never be an ally because an alliance can never get two-thirds of votes in the United States Senate.
00:03:41.260 Impossible.
00:03:42.860 Because it's, you know, it's the third most corrupt place on earth, and you're showing it right now.
00:03:47.940 We're pouring men and materials into Ukraine with very little understanding of what's going on.
00:03:54.960 And the Republicans have not forced Joe Biden to come.
00:03:58.960 At least in Vietnam, we had a Tonkin Gulf resolution.
00:04:01.860 I think in the Gulf War, you had resolutions.
00:04:06.200 You had to vote on these war resolutions.
00:04:07.760 We need to force Biden to come to the American people and explain what the objectives are, explain exactly what we're doing there.
00:04:16.520 Because now the blowback from this war is starting to metastasize and affect many, many different things.
00:04:23.900 We learned early in the week that Turkey is now working with them, sending them, Iran sending drones.
00:04:29.180 Turkey is very close to Putin.
00:04:30.840 What I've warned about for years, and if you saw that movie called The Brink back in 18, by the way, the filmmaker thought we were on the brink then.
00:04:40.180 She must be in a complete meltdown now.
00:04:42.520 I would go around.
00:04:43.360 I had my red notebook, and I would do that diagram.
00:04:45.380 It said China, Persia, and Turkey.
00:04:48.140 And they were controlling the Eurasian landmass.
00:04:50.040 And maybe Pakistan was helping them out or North Korea was helping them out.
00:04:53.220 But I said, hey, the key thing here, the one thing we have to avoid, the one most important thing in American geopolitics is never let Russia partner with that axis.
00:05:04.140 Never let it partner with China, Iran, and Turkey.
00:05:07.080 Because then you're going to have four dominant powers control of the Eurasian landmass.
00:05:10.900 And from Japan, Taiwan, India, Australia, all the way to Western Europe, we'll be on the periphery of that.
00:05:16.800 And that will change world power dynamics.
00:05:21.560 And this is what we've gotten into.
00:05:23.500 And, of course, The Economist gets it totally wrong because their solution is to essentially get into a military conflict with Russia right now.
00:05:33.140 That Russia has to be defeated in the Ukraine.
00:05:35.760 And by defeated, I mean take back all the territory in eastern Ukraine, protect the territorial integrity and sovereignty of Ukraine, and self-determination of Ukraine, particularly in eastern Ukraine.
00:05:47.660 And kind of what Tony Blinken and Austin said, degradate severely Soviet military power.
00:05:56.080 Now, Jerome Revere from the European Parliament is going to be joining us hopefully in a little while, an hour or two.
00:06:01.760 But I've got our international editor, Ben Harnwell.
00:06:04.300 And, Ben, you've really been on top of this.
00:06:06.920 And it's kind of what's shocking, given the money we put into our Rome Bureau, right, the huge capital costs and luxurious surroundings and your big staff, that you've been on top of this ahead of the Telegraph, the Times of London, the French Papers, the Financial Times.
00:06:26.560 But particularly the Financial Times and The Economist, how could that be?
00:06:30.440 How could a person that's working, let's say, let's say this.
00:06:33.820 Ben works on a tight budget.
00:06:36.880 We work on a tight budget in our international bureau.
00:06:39.460 How is it, Harnwell, that you've been ahead of this, of every development in the Ukraine, you've been weeks and weeks ahead of it.
00:06:46.000 And still the legacy media over there, still at this day, now we're in mid-July, still do not get it, sir.
00:06:52.700 It's an interesting question, Steve.
00:06:56.380 I can only put it like this.
00:06:57.820 Before I started formally working here on the war room for you, one of the great things I always admired about what you were doing when you were with the Trump campaign, when you were with the White House, and then when I started listening as an ordinary member of the posse to the war room.
00:07:15.800 This is back when I was working on our monastery project.
00:07:18.280 It was your capacity to see the data points and to draw the straight line through them.
00:07:26.180 And what I have tried to do is to imitate you in that regard.
00:07:30.040 So I spend about 10 hours a day just hoovering up all the press.
00:07:36.000 I go to like the FT, Reuters, the AP, specifically because I trust their data points.
00:07:41.560 I don't trust their narrative.
00:07:43.480 I don't trust their interpretation.
00:07:46.700 But I trust their data points.
00:07:48.060 If they say a fact, that fact is likely to be true.
00:07:52.220 They might massage how they present that to fit their agenda, obviously.
00:07:57.040 So learning from how you interpret the news, I've tried to copy that.
00:08:01.820 And that's how we've been ahead on this, Steve.
00:08:03.560 It's as simple as that.
00:08:04.440 But it's go to things like the trustable media, not, I can't underline this enough, never for their interpretation.
00:08:15.320 And go to the data points and then try and analyze what's going on behind it.
00:08:21.260 You know, I've learned this from you.
00:08:22.580 And it's what I try to do on my live streams as well, on my contributions to the war room.
00:08:27.600 It's to say, look, here are the data points and this is what's going on behind that.
00:08:32.680 You pushed out something on your getter feed earlier on in the week, Steve, to do – it was an Axios story about how basically the Democrat Party is imploding.
00:08:45.160 It's losing all of its minority support.
00:08:49.760 And the only metric he's ahead on is white college graduates.
00:08:54.920 How did Axios, whose facts are normally OK, how did they spin that story?
00:09:01.200 It was something like the Democrat – in ground change, Democrats move ahead in white college graduate voters.
00:09:12.080 That is to say, you read the story and you understand how badly the Democrat Party is in meltdown.
00:09:19.100 But they're not going to tell you that.
00:09:20.500 They're not going to tell you that explicitly.
00:09:21.740 They're going to tell you the fact and let you work – they'll probably bury the lead, but they'll let you work it out for yourselves.
00:09:30.040 This is why the war room is doing such important work.
00:09:33.140 Another example, Steve, we – I think back on the 5th of July, the war room was the first news organization in the world to talk about the link between Sri Lanka and the Netherlands.
00:09:46.420 We were the first – we were the first – I did a number of contributions on the war room.
00:09:51.500 I did a few live streams on it.
00:09:53.960 And then early on this week, Tucker Carlson, who did a great job, carried it, right?
00:09:59.580 But this is why I'm so proud of the war room, because we're the first on these things.
00:10:04.900 And we're giving the posse, the war room posse, the correct straight line from the data points.
00:10:13.520 We might not have the Fox Empire's media take, but people know that when they listen to us, they might think, oh, this is something like dissonance here about what I'm hearing, because I'm not hearing this on any other media.
00:10:25.600 Give it time.
00:10:26.600 Give it a few weeks.
00:10:27.900 Give it a few months.
00:10:28.740 And the rest of the media will pick up on it.
00:10:31.880 Tomorrow's news today.
00:10:33.720 Talk to people.
00:10:34.680 You've been – you're an Englishman, but you've been in Italy for a long time.
00:10:38.520 We've worked in the monastery project, and people should understand we're still building our training ground for gladiators, the gladiators of the new populist, nationalist, right?
00:10:49.100 But you've been there, and you now have gotten back to Rome, and you head up this.
00:10:52.740 You're very engaged in the war room every day and going through the analysis.
00:10:56.340 This whole concept, because I think a lot of people in the United States don't – they see the independent nations of Europe, but this thing, the EU we talk about, or Davos and NATO, why is the – the Ukraine is front and center now on MSNBC.
00:11:09.400 We call it the next big thing, right?
00:11:11.080 It's what these guys always do to try to get – try to win elections.
00:11:13.960 Why is the EU and why is NATO made such a big deal about it to the fact that we've actually got the economists now saying how to win the long war?
00:11:26.500 And they are literally talking about now hunkering down for many years, if not decades, to get Russia out of Ukraine, and they say, hey, if we don't do this, it's all over.
00:11:39.880 What is so powerful about the EU and NATO that drives this entire conversation in Europe, and particularly about the war in Ukraine?
00:11:50.280 Well, let's wheel back a little bit, Steve, to the COVID crisis.
00:11:56.280 We've had two years of governments around the world locking up and imprisoning their own people, giving trillions of dollars away to the government's preferred client base, and possibly $1,000, $2,000 to the average American.
00:12:17.400 That is to say, a huge transfer of wealth that makes 2008 blush with shame.
00:12:26.880 That is to say, put that together with the populist nationalist revolt that we'd started to see take root right around the world.
00:12:38.040 Basically, Steve, our governments were in a crisis of authority.
00:12:44.420 People were at a revolutionary point right across the world, and nowhere more was this sentiment felt at the international level, where there is already no democratic mandate and no democratic legitimacy.
00:13:03.140 And then comes Russia's invasion into Ukraine.
00:13:07.440 And President Volodymyr Zelensky, to give him his credit, has a certain genius when it comes to communication and to tapping in in advance to a message.
00:13:23.480 He doesn't have a genius.
00:13:26.660 He's an actor, comedian.
00:13:28.160 The rest of these people are just simps.
00:13:30.140 It's embarrassing the way that they have groveled at this guy and slobbered all over him.
00:13:35.440 It's so obvious what he's doing.
00:13:38.260 I mean, he's played right into it, but they want to be convinced.
00:13:41.220 It has been embarrassing as an adult to see it.
00:13:44.040 When he did the big screen here in the Capitol, they had all the congressmen, the five-minute stand ovation.
00:13:49.020 They're all there like five-year-old school kids, Ben Harnwell.
00:13:52.720 It's true, Steve.
00:13:53.880 It's true.
00:13:54.660 I'm not saying there's any depth or substance to his shtick.
00:13:57.640 But we didn't see anything like this when Russia rolled into Georgia a few years before.
00:14:03.800 There is something about Zelensky that has captured the global imagination.
00:14:10.640 And this isn't, you know, just like a couple of cycles before.
00:14:15.060 It was Greta.
00:14:15.920 Like, if these people don't exist, our sociopathic overlords would need to invent them.
00:14:22.700 And that's effectively what they've done, right?
00:14:24.720 Hold it, hang on, hang on.
00:14:26.500 We're going to take a short commercial break.
00:14:28.360 We're going to come back, and we're going to get into, what do you call it, the sociopathic overlords.
00:14:34.460 I love that.
00:14:35.240 You can get that on Getter.
00:14:36.480 That's how Ben Harnwell describes them.
00:14:38.140 Okay, we're talking about the long war and how to really win it.
00:14:42.420 Not what the economists say.
00:14:43.900 I hope you're doing okay.
00:14:44.600 Don't cough up a lung on us, Ben.
00:14:46.480 Short commercial break.
00:14:47.480 We'll be back in the warm in a second.
00:14:48.540 We'll be back in the warm in a second.
00:14:49.380 From the world on to Hong Kong, we will break till they're all gone.
00:14:54.400 We rejoice when there's no more.
00:14:56.320 Let's take down the CCP.
00:15:01.060 War Room Pandemic with Stephen K. Bannon.
00:15:05.000 The epidemic is a demon, and we cannot let this demon hide.
00:15:08.800 War Room Pandemic.
00:15:10.920 Here's your host, Stephen K. Bannon.
00:15:13.260 Okay, welcome back.
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00:15:50.580 If you need it, use it, as I say.
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00:15:55.700 But Mike Lindell's gotten the hook from all the big box.
00:15:59.480 Why did he get the hook?
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00:16:13.800 Ben Harnwell, you've been doing some amazing analysis and connecting dots on the Ukraine.
00:16:20.140 Walk us through your assessment, what you've seen recently in the news that points to points you've been making about the Ukraine.
00:16:27.720 And why are our sociopathic overlords, of everything in the world you could be obsessed with,
00:16:34.460 why are they obsessed with this?
00:16:37.660 Well, because it's given them back their opportunity to be legitimate and for there to be a need for them.
00:16:46.260 When I was talking about Zelensky's certain genius, one of the things that he has done extremely well,
00:16:52.440 as he is in all of his comments, he's talking about values.
00:16:56.280 He says he shares the values of the West, that part that Ukraine's future is part of Europe, not part of Russia.
00:17:03.060 Now, for people, especially at the European Union level, in this crisis of legitimacy,
00:17:10.120 to hear another country that's been invaded in this fashion,
00:17:15.440 sort of saying, hey, you guys, I really need, I'm part of you, I need your help.
00:17:19.580 We're the same.
00:17:20.380 You know, we go to the same conference, World Economic Forum and what have you, you know,
00:17:25.700 but we're part of one another.
00:17:28.800 We need your help.
00:17:30.180 Well, you know, these guys whose meat, you know, are sociopathic overlords,
00:17:35.660 whose meat and drink is broadcast into the world, their moral superiority.
00:17:40.940 And what I mean by that, that they're not dirty, oily, greasy nationalists.
00:17:47.140 These people are superior to these grubby values.
00:17:52.100 Well, it's an invitation to be relevant again.
00:17:54.860 And they took that invitation with both hands.
00:17:58.560 That's part of it.
00:17:59.800 The second part of it, Steve, is simple grief.
00:18:02.040 Hold on, hang on.
00:18:04.400 Before I get off the first one, when you say values,
00:18:06.040 I want to make sure everyone in the audience knows this.
00:18:07.460 That's the values of progressive America.
00:18:13.940 When you talk about the EU and Davos, these are not,
00:18:16.200 it's the reason they came in and tried to shut down our monastery.
00:18:19.720 They don't believe in the values, the traditional values of the Judeo-Christian West
00:18:23.820 are what, anathema to these people.
00:18:26.060 What Zelensky puts forward is the secular values of the EU, of Davos,
00:18:32.520 of the American ruling clique.
00:18:34.260 I mean, the LGBTQ, the gender ideology, all, everything to deal with the progressive left.
00:18:39.580 I mean, people, MSNBC would be on here in the first night's broadcast,
00:18:42.680 and they kept saying, you know, Kiev is very different in that it's got this social scene
00:18:46.920 that's very much like Berlin, right?
00:18:49.400 Very much like, I should have said Weimar, but very much like Berlin.
00:18:53.700 They praise because Ukraine is not, and Zelensky and these guys don't promote
00:19:00.140 the classic values of the Judeo-Christian West.
00:19:02.680 So when you say he shares the values, he signals to them the virtue signaling
00:19:06.460 that he shares the ruling elite's values.
00:19:09.320 And this is going to get to the politics of why I think many of the countries are pulling,
00:19:12.300 the people in the country are saying, whoa, right?
00:19:15.300 You know, I think right now 33% of the people oppose the war.
00:19:18.720 It's down to 40% that approve it, and now the economics are just hitting in.
00:19:22.980 But when you say he shows these people he wants the values of the West,
00:19:27.780 he ain't talking about the Judeo-Christian values.
00:19:29.820 He's talking about the values of the secularists, globalists, sociopaths
00:19:34.140 that run this operation, right?
00:19:36.420 Absolutely correct, Steve.
00:19:38.040 I couldn't put it better.
00:19:39.480 He does.
00:19:40.320 That's the language he talks.
00:19:41.580 That's certainly the gang that he wants to be a part of, and they want him in as well.
00:19:49.460 Why do they want him in?
00:19:50.540 Well, this is the second part of what's going on.
00:19:53.480 When I talk about grift, I don't mean it necessarily in, say, the Latin American sense
00:20:00.120 or the third world sense, where ministers or senior civil servants will offer to give
00:20:07.600 a favoured tender or something for an envelope under the desk.
00:20:17.120 It's far more subtle than that.
00:20:19.220 It's these people at the UN, at the WHO, at the European Union, they exist because they
00:20:30.280 intervene constantly in our lives.
00:20:32.440 And they have a mandate to do this, an illegitimate mandate, but they have a mandate to do this.
00:20:37.820 So they're always there, getting involved, interfering with their pointless regulations.
00:20:45.260 And the more that these supranational bodies do, the more they get paid, the better pensions
00:20:53.280 they get.
00:20:53.880 You know, their economies of scale, sort of force infrastructures.
00:21:00.420 They grow larger, like corporations, to give you an opportunity to work up.
00:21:05.000 So when I talk about grift, I mean it in this sense.
00:21:08.100 The whole shtick, the whole job, the pensions and everything, it's dependent on this, what
00:21:14.240 is it, this rules-based international order, which they represent.
00:21:19.640 They are the paladins of this order.
00:21:22.140 And that is why they claim that Vladimir Putin has put this order under threat, which puts
00:21:30.480 them directly under threat.
00:21:32.120 Because it's not as if these people produce anything useful, as we would define this in
00:21:37.280 terms of the free market capitalism.
00:21:40.980 There's nothing they provide that people, they don't provide the service that people actually
00:21:44.620 want.
00:21:45.780 But they have jobs for life.
00:21:47.300 I think, you know, in the European Commission, they pay 10% income tax.
00:21:52.040 They have styles of life.
00:21:53.540 And this is, seeing this in practice, Steve, is what turned me from being quite a fanatical
00:21:59.140 pro-European into an equally fanatical Eurosceptic.
00:22:02.700 Because when I went to go and work in the European Parliament, I had all these pro-European
00:22:06.780 ideals.
00:22:07.420 You know, the EU's kept the peace for 50 years and all the rest of it.
00:22:11.080 It was when I went there that I realized that no one was motivated by these ideals.
00:22:17.440 They were just basically in it for themselves.
00:22:19.720 You know, they wanted to go out on the best pension possible.
00:22:24.040 You know, they work sort of hours.
00:22:28.080 To say that they work hours is to over-egg it.
00:22:31.500 They turn up in the office.
00:22:32.980 They mill around and go to the bars in the Parliament and then they go home at 3.30.
00:22:38.060 Then they get months off and they can get years off if they want to go and study.
00:22:42.460 I mean, the whole thing is a racket, right?
00:22:45.060 And it's now increasingly seen as a racket.
00:22:47.520 One of the reasons the UK pulled out.
00:22:51.480 Vladimir Putin gave them all their legitimacy back because they can go and grandstand and
00:22:57.080 all this money, you know, as we've been saying on the war room right from the beginning,
00:23:01.500 all this money that's going to go into Ukraine for the rebuilding of this country is going
00:23:07.300 to go through, through what?
00:23:09.060 Through the European Union.
00:23:10.500 It'll go through the President's Office of Ukraine himself, right?
00:23:14.280 Where there, perhaps, we are talking more about the traditional Mr. 10% philosophy than
00:23:19.780 the European Union.
00:23:21.160 But we're going to see the greatest transfer of wealth, I think, globally now when it comes
00:23:28.280 to the rebuilding of Ukraine.
00:23:29.940 Well, let's talk about the Ukraine.
00:23:31.680 When you first mentioned it, I thought it was so ludicrous.
00:23:33.780 I kind of blew you off, said, no, let's not put it on the show.
00:23:36.260 And then the Financial Times in London had it last week.
00:23:40.960 They're already talking about a $750 billion, which will be $2 trillion with time to finish,
00:23:48.260 rebuilding of the Ukraine that the EU and the United States, which means the United States,
00:23:53.300 is going to underwrite.
00:23:55.860 And you said, Steve, the whole purpose of this is to get to rebuilding because that's
00:24:00.160 when the graft is.
00:24:01.040 I blew you off, Ben.
00:24:02.780 And that's before I understood.
00:24:04.980 When this headline came out to say that the arms, remember, we're not making that many
00:24:09.820 weapons because we never figured wars of attrition anymore.
00:24:13.320 That's the other big article that's in the FT this week.
00:24:15.400 We're running out of ammunition.
00:24:17.120 In fact, they actually mentioned it in the Economist Long War articles that one of the
00:24:21.580 problems with this war of attrition is we're not really set up for this.
00:24:25.580 That's the Economist cover right there, how to win the long war.
00:24:28.300 They say, hey, we can't really win it immediately on munitions because we don't have enough.
00:24:32.260 Here, this is how bad the corruption the grift is.
00:24:35.420 West fears arms sent to Ukraine end up on Europe's black market.
00:24:41.420 They're taking your money and your arms of the $40 billion and the $10 billion.
00:24:47.540 It gets in there and the criminal gangs and the oligarchs who are one in the same take
00:24:52.800 it and immediately sell it to the third world.
00:24:56.380 And they're selling it to the Russians.
00:24:57.840 They'll take the any highest bidder.
00:24:59.860 Ben, we got a couple of minutes.
00:25:01.740 The $750 billion they're talking about to rebuild Ukraine.
00:25:05.300 How much of that's going to get?
00:25:07.640 By the way, should the United States have any part of that at all, Mr. Harnwell?
00:25:12.420 No, the United States should have no part of that, and neither should the peoples of
00:25:16.240 the European Union.
00:25:18.640 When a country declares, you know, fights in a war like this, it needs to check its resources.
00:25:26.540 There's a gospel, I think it's in Matthew, you know, when someone comes to make war against
00:25:31.220 you, you check your resources and you decide whether you're going to go ahead and fight
00:25:37.080 them.
00:25:38.080 And if you don't have the resources, you send an ambassador ahead, an emissary ahead to
00:25:42.240 make peace on favorable terms.
00:25:44.460 That's in the gospel, right?
00:25:45.800 This is common sense.
00:25:47.520 But what our sociopathic elites have done is that they've enabled this war to start and
00:25:54.920 to continue.
00:25:56.460 And the sick part of this is, is that whilst they're feeding our elites, are feeding the
00:26:03.600 Ukrainian people into the meat grinder as this war continues, they're standing there
00:26:09.380 doing press releases as if they're, as if they're the protectors and, and knights of
00:26:16.480 freedom and democracy.
00:26:17.520 And constantly, as we were saying, talking about their values, the contrast between what
00:26:22.860 is happening to the poor Ukrainians on the ground, and the moral grandstanding of our, of our
00:26:29.900 Western leadership, couldn't be larger, and it couldn't be more disgraceful.
00:26:34.660 Ben, hang on for one second, I'll take a short commercial break.
00:26:37.140 We're going to be back with how to win the long war.
00:26:40.400 You have the economist version, and you have the war wounds version.
00:26:44.360 All next, in the world.
00:26:45.620 War Room, Pandemic, with Stephen K. Bannon.
00:27:05.280 The epidemic is a demon, and we cannot let this demon hide.
00:27:08.680 War Room, Pandemic.
00:27:11.260 Here's your host, Stephen K. Bannon.
00:27:15.620 Okay, welcome back.
00:27:17.680 The, I want to make sure you go, everybody go to our site, to War Room, particularly to
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00:27:27.540 Find out all the information on, on CPAC Dallas, I think it's August 4th through 7th.
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00:28:03.480 Support Mike Lindell and his great fight, his crusade for voter integrity, and make sure that
00:28:08.740 we get to the bottom of what happened on, on, on 3 November.
00:28:13.480 I want to go back.
00:28:14.380 But by the way, if we, if, if, if Denver can put up, do we have the map of the Eurasian
00:28:20.020 landmass?
00:28:20.580 If you have that, we don't have that.
00:28:22.600 Couldn't get that.
00:28:23.720 Too tough.
00:28:24.340 Well, just think about the Eurasian landmass for a second.
00:28:26.220 I know you can get that in your mind.
00:28:27.300 Maybe we can get it up on the, the screen.
00:28:29.440 I want to talk about Ben's mention, and, and, and, uh, the head of the National Economic
00:28:34.620 Council the other day, I think his name's Deese, he's, uh, Larry Fink Grundoon, this
00:28:40.340 guy named Deese, he, um, he said, uh, what, people are going to have to suck on, the
00:28:46.460 United States are going to have to live with higher gas prices, because this is all about
00:28:51.340 protecting the liberal world order, the liberal world, that was his quote, the liberal world
00:28:57.020 order, and Americans just want to get used to $5 gasoline or $6 gasoline, or, you know,
00:29:03.060 just going to have to suck on it, because we got to protect the liberal order.
00:29:06.480 And I want, I had to do this one time with General Mattis and other guys to explain, because
00:29:10.620 they keep saying, well, the, the, the post-war, you know, international rules-based order is
00:29:16.120 the greatest gift of the greatest generation.
00:29:18.500 Whoa.
00:29:19.060 Well, let's, let's deconstruct that and talk about it.
00:29:22.280 When, when the White House talks about the liberal post-war order, or Ben Harnwell stoning
00:29:26.280 out, he mentions the U, you got all this, what is it?
00:29:29.500 What, what are we talking about?
00:29:30.600 So here's a, a simple construct for you to think about.
00:29:34.420 Now think about the Eurasian landmass, and we get a, uh, if we do get a map of that, let
00:29:38.700 me know, uh, it's up, okay, put it up and you do a split screen, okay, I'm going to start
00:29:43.640 in Europe, and I'm going to go around the periphery of the Eurasian landmass.
00:29:48.300 What is the post-war international rules-based order?
00:29:53.120 What is it?
00:29:53.600 You hear this all the time, it's like there's some mystery, it's a, it's a talisman, or it's
00:29:58.660 a, you know, something that can't be explained, secret size, secret handshake, got to have
00:30:02.020 a decoder ring.
00:30:03.740 Well, no, you do not, because it's actually pretty, pretty simple, pretty basic.
00:30:07.560 You go to Europe, you then go to the, let's say the Persian Gulf, around the Middle East,
00:30:12.540 the Persian Gulf, then go around the map, go already past India, go to the Straits of Malacca,
00:30:17.900 and the, really, the South China Sea, right in there, that part, and then you go up to,
00:30:22.020 uh, uh, North, uh, either Northeast Europe, if you're on the landmass, or by Japan and Korea,
00:30:27.620 what I call the Northwest Pacific, from the United States perspective.
00:30:30.560 So those four areas, those four areas of the world.
00:30:33.840 What, now, what, what kind of ties them together?
00:30:37.020 Well, first off, in each area, you have a, uh, trade deals.
00:30:41.040 The United States have trade, has trade relationships with those areas, whether it's the EU or the
00:30:44.880 countries, right, has trade relationships.
00:30:47.540 We have, so we have trade deals, we have commercial relationships, strong commercial relationships
00:30:52.540 in these areas, commercial relationships.
00:30:54.580 We have capital markets, right?
00:30:56.860 We, I, your, your pension fund money buys bonds over there through your brokers here, or
00:31:01.020 through the big investment banks, or the, or the pension fund manager, so, so it's an
00:31:04.480 integration of, of global capital markets, and, and just in Europe.
00:31:07.800 So you have trade deals, right, codification of that.
00:31:11.620 You have commercial relationships, and yes, you have cultural, too.
00:31:15.240 That's important, but you, I'm talking about hard, I'm talking about money and power.
00:31:18.960 You have, um, so you have trade, you have trade relationships, you have, uh, you have
00:31:26.220 commercial relationships, trade deals, capital markets.
00:31:31.380 And then we have, wait for it, an American security guarantee, whether that's NATO or
00:31:37.220 what's happened for the nine trillion dollars we spent in the Middle East, and what we still
00:31:41.260 spend around the Gulf with the UAE.
00:31:42.780 So you have an American security guarantee of your money and your children, the blood and
00:31:48.100 treasure.
00:31:48.640 So we have NATO, of which essentially the United States underwrites.
00:31:51.300 Let's be blunt.
00:31:51.960 Let's just, let's have a partner's discussion.
00:31:54.780 The individual NATO countries put in very little.
00:31:56.760 They try to hide, they never put the 2% percentage of GDP, which I think ours is over three and
00:32:01.780 a half percent now.
00:32:03.020 Remember, your defense bill every year is one trillion dollars.
00:32:06.360 Don't, don't look at the 880 billion or 840 billion they talk about.
00:32:10.020 That's not, that's accounting conventions.
00:32:11.980 It's a trillion dollar capital commitment.
00:32:13.620 And we have, wait for it, a trillion dollar deficit every year.
00:32:18.160 A systemic deficit of about a trillion dollars.
00:32:21.080 So you have a trillion dollar defense bill and your kids.
00:32:23.760 That's why we have 100,000 combat troops right now forward deployed into the Balkans in the
00:32:27.820 Poland.
00:32:28.440 And that goes already against, that's, that doesn't even count the traditional Germany and
00:32:32.900 Rammstein and all the bases we have over there in Italy and Germany, right?
00:32:36.560 They were already, already, we're already forward deployed in NATO.
00:32:39.420 We've just spent $9 trillion in 20 years in Afghanistan and Iraq.
00:32:43.880 And we're still the biggest supporter of Israel's defense budget.
00:32:46.860 We're the biggest supporter of the Saudis, UAE, all of it, right?
00:32:51.280 We fought, we fought wars there continually, even with Reagan and the guys in Lebanon, but,
00:32:56.400 but in Gaddafi.
00:32:58.560 But think about, you know, think about the Gulf War in 92 and then the war on terror and
00:33:02.020 everything we did the last 10 years.
00:33:03.100 So you're in the, you're in the Gulf Emirates.
00:33:05.060 Remember, trade deals, commercial relationships, capital markets, integrated capital markets, and
00:33:10.140 an American security guarantee.
00:33:11.760 Your money, your ships, your troops, and your kids, your blood and treasure.
00:33:16.180 Then you go around, you get to the littoral nations of the Straits of Malacca and the
00:33:20.240 South China Sea, you know, Vietnam, Philippines, all that.
00:33:22.920 Once again, commercial relationships, trade deals with each individual nation, capital markets,
00:33:28.560 and those are booming capital markets, right?
00:33:30.680 With real growth.
00:33:31.680 But once again, an American security guarantee.
00:33:34.220 Back in what, 1977, 78, a young Stephen K.
00:33:38.540 Bannon's on a Navy destroyer.
00:33:40.020 And what are we doing?
00:33:40.740 And we're patrolling the South China Sea, the Seventh Fleet, kind of the remnants of
00:33:45.780 World War II.
00:33:47.160 In Vietnam, we're still there on patrol to keep those sea lanes, those very important
00:33:50.620 sea lanes, free.
00:33:52.200 And we're in the Philippines with Clark Air Force Base.
00:33:55.360 And we've got, we've got Subic Bay Naval Base, the biggest naval base in the world at
00:33:59.760 the time.
00:34:00.340 So we're there.
00:34:01.200 Once again, trade deals, commercial relationships, capital markets, and an American security guarantee
00:34:06.640 with your blood and treasure gift to the Northwest Pacific, Abe just gave his life campaigning.
00:34:11.800 What was Abe campaigning for?
00:34:13.060 He says, we've got to get off of this just Japanese defense thing.
00:34:16.520 The CCP is ascendant.
00:34:18.220 It is coming after us.
00:34:19.540 It's an existential threat.
00:34:20.700 But what we need to do is to drop that, that clause in our constitution that we're going
00:34:24.320 to be passive.
00:34:24.880 We need to rearm.
00:34:26.260 We need to make Japan great again.
00:34:28.140 This is why it's so close to Trump.
00:34:29.340 And why is that?
00:34:29.840 South Korea.
00:34:30.660 We have troops on the 38th parallel.
00:34:32.420 You know, it's a, I think it's the American, it was the third army or fifth army.
00:34:36.440 That's there.
00:34:36.800 No, the fifth army is a new group.
00:34:38.080 Wait for it.
00:34:38.600 That's going to be headquartered in Poland.
00:34:40.200 Just announced that new fifth army group in Poland.
00:34:42.960 3,500 forward deployed combat regiment team, I think from the 101st airborne, the 101st airborne,
00:34:50.460 excuse me, combat brigade is going to be forward deployed there.
00:34:54.680 So you've got, once again, up in the Northwest Pacific, 38th parallel, South Korea, ships all
00:35:00.340 over the place, big naval bases at Yokosuka and a naval air station, I think at Sugi, right?
00:35:07.440 With the, with parts of the seventh fleet, the four deployed there and still part of
00:35:11.080 the seventh fleet or the Pacific fleet in Pearl Harbor, still four deployed in Pearl Harbor.
00:35:16.260 So, and that is, it's the American security guarantee that makes this international rules
00:35:21.960 based order.
00:35:22.560 And I remember this in this rules based order, this was the order that we allowed the Chinese
00:35:27.920 to come into in the late nineties.
00:35:29.460 We invited them into the world trade organization and the, uh, and the, and the, uh, the most
00:35:35.080 favored nations that was part of the rules based order come and play by the rules.
00:35:38.960 That economy, when we let them in, I think was just over a trillion dollars.
00:35:42.960 It, it, it almost is as large as the American economy today in 22 years, the Chinese communist
00:35:49.780 party has been able to game the system and to become an economic superpower underwritten
00:35:55.060 by American taxpayers and underwritten by your pension funds who have financed this.
00:35:59.840 That's what the rules based order did.
00:36:01.400 The Chinese gamed the system while you were paying for the defense of it, right?
00:36:05.540 Including another $9 trillion into these Middle East wars.
00:36:09.380 They took advantage of it.
00:36:11.000 And so this is what's being defended.
00:36:12.660 Now, when, when these comes out to the thing, it says, no, we have to be in Ukraine.
00:36:15.800 And, and what is, what are they all saying?
00:36:17.860 And, you know, Kamala Harris up there all the time.
00:36:19.360 We're fighting for the, the, the sovereignty of Ukraine, the territorial integrity of Ukraine,
00:36:24.600 these, and we're there, their self-determination.
00:36:27.100 Now they're not on the Southern border of the United States doing any of this, but they're
00:36:31.480 in Eastern Russian speaking Ukraine.
00:36:34.980 That's everything.
00:36:36.060 And what does he say?
00:36:37.140 If your $5 gas is a problem, that is a problem to you.
00:36:40.580 That's your problem because we're in it for the long haul.
00:36:44.000 This is what Biden said that we're here to support that rules-based, that liberal order.
00:36:49.560 That's it.
00:36:50.720 And what, and what, and Ben just laid it out for you.
00:36:53.260 When you go, it's just a bunch of apparatchiks.
00:36:55.320 All these trade regulators and all the guys running the capital markets and all the, it's
00:37:00.880 just a bunch of, it's just a bunch of apparatchiks, government apparatchiks.
00:37:04.820 Yet it is strapped the United States that you've paid, we have paid the American taxpayer
00:37:10.340 and the American working class have paid for their own destruction.
00:37:16.340 That's the tragedy here.
00:37:18.120 I can walk you through the math down to the fifth decimal place, how you underwrote it.
00:37:22.980 Ben, your assessment of my analysis of the post-war, international, liberal, rules-based
00:37:33.280 order, sir.
00:37:35.280 It was absolutely correct.
00:37:36.380 You know, one of the things that often gets thrown into the mix as well is free trade.
00:37:44.000 That's often pulled out, especially these days, especially in our own movement.
00:37:49.160 It has a bad name, right?
00:37:52.780 And it's often attributed as the root cause for the total destruction of the local economies
00:37:57.740 throughout the Rust Belt.
00:37:59.160 I would come in here, however, on this point, because of course, the ostensible point about
00:38:06.240 the rules-based order is to preserve peace, but also to underwrite the parameters for free
00:38:13.180 trade.
00:38:13.460 The problem here with free trade isn't so much free trade in and of itself, because that
00:38:21.640 would have given, all other things being equal, that would have given the opportunity at least
00:38:26.040 for people to pay less for goods on the global market.
00:38:29.420 The problem here is the Federal Reserve, because instead of prices being allowed to fall thanks
00:38:35.500 to free trade, which would have widened people's discretionary income and therefore improved their
00:38:43.220 cost of living.
00:38:44.040 What happened?
00:38:45.580 You know, when prices, look at Amazon, right?
00:38:48.920 Amazon, with its huge possibilities for competition, should have been a force to drive down prices
00:38:55.920 and allow people's quality of living correspondingly to rise.
00:38:59.660 No, because the Federal Reserve comes in and it pumps up prices ostensibly to 2%, right?
00:39:08.260 Of course, it's going a lot beyond that.
00:39:10.340 It pumps prices up for 2%.
00:39:14.900 So no matter how hard people work on that hamster wheel, the Federal Reserve will just
00:39:22.060 flick the switch and make the hamster wheel go even faster.
00:39:25.740 So people can't save for their future because their savings are being destroyed by inflation.
00:39:31.420 Right.
00:39:31.700 And this is a problem of whom it's the international rules-based order.
00:39:36.520 They themselves, to allow themselves an indefinite stretch of grift at ordinary people's expense,
00:39:44.800 have gamed the system, right?
00:39:46.920 And everything they have touched has ruined.
00:39:49.540 So I'd like to say it is not in and of itself the rules-based order or free trade that has decimated our societies,
00:39:59.640 both in the West, both in the European Union and in the United States, to the benefit of China.
00:40:06.420 Not so much that.
00:40:07.260 It's the fact, and this comes back to something that Trump said right here.
00:40:10.500 He was saying this since the 1980s.
00:40:13.960 It's the fact that in international negotiations, we don't send our best.
00:40:18.520 Now, you can say many things critical of Xi.
00:40:21.500 I'll finish with this point, if I may, right?
00:40:23.440 You can say many things critical of President Xi and his successes.
00:40:29.680 But the CCP, in order to maintain its grip – no, I'll finish after the break.
00:40:34.540 Okay, fine.
00:40:36.160 Short commercial break.
00:40:36.980 We're going to come back.
00:40:37.440 By the way, what Ben said about the free trade, I'm going to get right into that.
00:40:40.720 Because Trump, remember, when I said trade deals, commercial relationship to capital markets,
00:40:44.160 we were upside down on every trade deal.
00:40:47.620 Every trade deal was against the United States, except when Donald Trump came on the scene.
00:40:53.520 Short commercial break.
00:40:54.240 Back in a moment.
00:40:54.760 We were back to the rock gone.
00:40:59.440 We were trying to –
00:41:00.480 War Room Pandemic with Stephen K. Bannon.
00:41:05.140 The epidemic is a demon, and we cannot let this demon hide.
00:41:08.960 War Room Pandemic.
00:41:11.040 Here's your host, Stephen K. Bannon.
00:41:17.180 Eric Prince, who sat in a couple of weeks ago with us to go through geopolitics and what's going on in the world.
00:41:24.300 If he was here that day, his new obsession, or it has been for the last couple of years, is secure communications.
00:41:29.120 He's coming out with a new phone.
00:41:31.380 That phone, because of supply chain issues and logistics, won't be out until the fall.
00:41:37.840 But he's already got the software, and particularly the app, to download.
00:41:42.780 Unplugged.com forward slash War Room.
00:41:46.640 Go there today.
00:41:48.120 Download the app.
00:41:49.540 Once you get the Unplugged app, then you can download all your other apps.
00:41:53.960 They can't track you.
00:41:55.300 They can't monetize you.
00:41:57.200 They have no ability, right, to either monetize you, get your data, or anything.
00:42:01.260 This app stops it.
00:42:02.840 In addition, it's got an encryption key that every time you do a call, a new encryption key comes out.
00:42:08.140 Nobody has that.
00:42:09.220 But go get the information.
00:42:10.920 These guys are the experts.
00:42:12.540 Go check it out.
00:42:13.320 Then you can contact them and talk to them directly.
00:42:15.720 But go to unplugged.com forward slash War Room.
00:42:19.500 Ben, Trump, and when you talk about that on fair trade, free trade, we didn't have free trade.
00:42:24.640 Each one of these areas, the EU was terrible.
00:42:27.660 Japan was bad.
00:42:28.900 Korea was terrible.
00:42:30.400 We had, this is why we got out of the TPP before we signed it.
00:42:33.620 The administrative state had done a terrible job of once being globalists, didn't put America first.
00:42:38.120 Trump said we're going to change that.
00:42:39.100 So when you look around that map of the rules-based order, not only did China, the CCP game the system to become a Goliath by stealing our intellectual property, not following any of these trade orders at all, but even the individual trade deals, whether it's for the EU, for a bloc, or for Korea as a country, or Japan, we were upside down.
00:42:58.520 So we're underwriting the security, and we're having our jobs and our economy sucked out because this is what the globalists want.
00:43:05.500 Ben Harnwell.
00:43:06.880 Yep.
00:43:07.640 Stephen, this is something that you've been saying since as long as I've known you.
00:43:13.260 The people who govern us are incompetent.
00:43:16.740 Now, I've actually formulated this into what I call Harnwell's ninth aphorism, which I shall read to you now.
00:43:28.520 It's impossible to know with our sociopathic overlords where their incompetence ends and bad faith begins.
00:43:36.000 And that is something I'm pushing out pretty much these days in every single live stream I do, because it's always relevant.
00:43:42.140 As the CCP was sending its best end to the negotiating table, before President Xi, you had Hu Jintao, and before Hu Jintao, you had Jiang Zemin, right?
00:43:52.780 Say what you like about these being international gangsters, and they are, and crooks which they are, but they know how to negotiate in their, not in China's best interest, not in all the ordinary Lao, Beijing, but in the interest of the party and them personally.
00:44:13.220 They know how, I mean, they're the world's best grifters, right?
00:44:19.860 Our guys are grifters, but they're incompetent.
00:44:24.060 This is the thing that you've always said, and it's really sort of colored the way I see things.
00:44:30.300 The people that we send in, look at Jake Sullivan a month or two ago.
00:44:34.680 So, um, the people we send in getting lectured, by the way, in, in Rome, he got, he got a struggle session with Tiger Yank, correct?
00:44:44.300 He certainly did.
00:44:45.780 He certainly did.
00:44:46.840 I think it would, I think it was so bad.
00:44:48.760 I wouldn't even have wanted to be a fly on that wall.
00:44:51.940 Um, cause I don't like cruelty to animals.
00:44:54.140 Um, so I think I would have naturally opposed the, the, the three hours of bitch slapping China was putting on America's, um, national security advisor.
00:45:05.660 It was a cruel, from everything I gather, it was a cruel moment.
00:45:09.940 We send in people who are incompetent.
00:45:13.680 We have a system talking about this international rules-based system.
00:45:17.360 We have a system that, that benefits a certain type of hack.
00:45:21.380 Um, it's not, it's not like the normal political system where in politics, it tends to be the most alpha, um, person that gets ahead.
00:45:31.120 The person who commands respect and even perhaps a little bit of fear amongst the colleagues.
00:45:36.700 That's not what you get in this, in these international bureaucracies.
00:45:40.800 You, it, it has a culture all of its own.
00:45:43.960 It's people who can gain the system for their own careers.
00:45:47.520 Um, but that is perhaps, oh, that's not their only attribute.
00:45:51.780 They have another attribute.
00:45:53.560 These people talk, when they talk, they talk with authority.
00:45:56.700 They have no idea what they're talking about.
00:45:59.800 No real sense of intuition and connection between cause and effect.
00:46:04.700 Um, but when they talk, they talk with a certain synthetic form of gravitas.
00:46:09.340 Um, and coupled with a compliant mainstream media around the world, their words are carried as if this is the truth brought down from the mountain by Moses himself.
00:46:19.960 So they have the, they have these two attributes.
00:46:22.600 They talk with a certain gravitas, even though they have no idea really what they're talking about.
00:46:27.560 And they know how to game the, um, the bureaucratic system that they're, their milieu within which they are.
00:46:34.300 They know how to talk to the other bureaucracies around the world.
00:46:38.080 Um, what's that intersectionality thing?
00:46:40.320 Um, they always talking about in the States, one of the reasons they really hated Trump was that he, he, he walked over there, the little departmental dialogues, um, and little hidden winks and understandings.
00:46:52.140 The interagency process, the fetish of the interagency process.
00:46:57.220 Yeah.
00:46:57.800 And it's exactly the same amongst the international bureaucracies.
00:47:00.820 And that's why this shtick had been allowed to grow on and develop, um, for, for, for 50 years.
00:47:07.760 And Steve, this, this is why they hated Donald Trump so much.
00:47:13.040 It's not that he, he's represented a threat in and of itself to the international rules-based system where rules can be good.
00:47:22.460 It's the fact that he represented, you know, it's not even the fact that he represented an existential threat to the system,
00:47:29.560 which, which had been gamed by China to the detriment of the United States, is that he represented a threat to them.
00:47:37.320 It was Donald Trump who started talking about defunding the United Nations and the World Health Organization, right?
00:47:44.340 This is hitting these people where it hurts because these people think, oh, you know, I've got my little sinecure that will see me through until I retire and then I'll get my kids, um, place.
00:47:54.320 And we'll, you know, we'll be fine in Switzerland or Brussels or where, you know, because as you always say, these people are all the same.
00:48:02.140 They have no national belonging.
00:48:04.380 Um, they, their, their, their citizenship is all of this in and of this order.
00:48:08.800 We're going to be fine.
00:48:10.160 You know, there might be a deep recession in my own home country where I was born, but I'm fine.
00:48:14.900 I have guaranteed income.
00:48:16.220 I've guaranteed pension.
00:48:17.460 I have guaranteed health security for me and my family.
00:48:20.780 I have guaranteed what six weeks off a year and all this of it.
00:48:24.220 I can, I can work four hours a day.
00:48:26.240 I have all these things.
00:48:27.280 They're guaranteed.
00:48:28.540 There's no country is going to pull out of this system.
00:48:32.220 That is what Donald Trump.
00:48:34.220 Ben, hang on one second.
00:48:36.240 I know you got to bounce.
00:48:37.360 Jerome's going to join a second, but I just want to hold you through first part of the next block.
00:48:40.600 Short commercial break.
00:48:41.640 Ben Harnwell, we're talking about how to really win the long war.
00:48:47.180 The long war being against the Chinese Communist Party, Iran, Turkey, now Russia, Pakistan,
00:48:52.380 trying to consolidate on the Eurasian landmass.
00:48:54.960 They're all the, these guys are focused on Ukraine.
00:48:57.880 Back in a moment.
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