Bannon's War Room - Episode 2026： Trump's Revenge： The Deconstruction Of Administrative State Action Plan; Recession Is Here - The Math; Lavrov Says Zelensky Must Go

00:00:00.000 Trump term look like. And you have some fantastic reporting that aims to look at that in very

00:00:05.220 exact detail. And part of it centers around, a lot of it centers around an executive order

00:00:11.460 he put in place. Can you tell us about this? He put this in place. It was resented by the

00:00:16.060 Biden administration. It kind of flew under the radar, but this is a crucial element of

00:00:19.600 what it might look like if he is elected again. Yeah, so this is a two-part series that we

00:00:27.000 launched on Axios on Friday and Saturday. And I've been working on this for more than three

00:00:32.860 months, basically piecing together all these different aspects of what is effectively an

00:00:38.120 administration in waiting for Trump for 2025. There's a lot more going on behind the scenes

00:00:43.500 that have been publicly reported. And at the heart of all of this is a legal instrument.

00:00:51.580 It's an executive order called Schedule that they call Schedule F. And if your viewers haven't heard

00:00:59.180 of Schedule F or hadn't heard of it before the stories, that's for good reason, because it was

00:01:03.940 developed in strict secrecy for most of the Trump administration, at least for the last two years of

00:01:09.800 it. And it was only finally issued. Trump only signed it into law 13 days before the presidential

00:01:16.920 election in 2020. And, you know, when you put out some anodyne sounding order called Schedule F amid

00:01:23.900 the craziest election in American history, you know, you could be forgiven for not paying attention to

00:01:28.300 it. But it's actually profound what it does. It allows cabinet agencies to reclassify tens of

00:01:37.460 thousands of career civil servants who have currently under law and have for decades very strong

00:01:44.680 employment protections, because the idea is that these career civil servants, nonpartisan, continue

00:01:50.980 from one administration to the next, regardless of the party of the president in power. Trump wants to fire

00:01:57.840 tens of thousands, potentially at least thousands of these people that he calls pejoratively the deep

00:02:04.140 state. And what this order allows him to do is to reclassify them as a new employment category

00:02:11.280 called Schedule F. They immediately lose almost all of their employment protections and can be easily

00:02:17.760 fired and replaced. So that's happening there. As you can imagine, there'll be legal challenges to

00:02:23.700 this. And but I'll tell you, Trump's advisers like their chances in a in a court system now dominated by

00:02:30.420 conservatives at the highest level. And because of that, there are some Democrats who've been following

00:02:35.040 this issue very carefully and who are who are quite alarmed about it and have been trying to take

00:02:40.280 steps to preemptively prevent a future president from doing this. So Gerald Connolly, Jerry Connolly,

00:02:46.640 represented from Virginia, who heads the committee, the subcommittee who oversees the federal civil

00:02:52.460 service. He's attached an amendment to the annual defense bill to try and prevent this from happening.

00:02:57.820 Republicans want to block it in the Senate. But I will say, even if they succeed, Democrats,

00:03:03.360 in somehow getting something into law to prevent Schedule F, Trump really wants to attack the

00:03:09.040 intelligence community and the national security apparatus and basically purge these agencies,

00:03:15.240 the CIA, the FBI, etc. They don't have the same civil service protections as a lot of the other

00:03:21.300 agencies do. So even if they don't get a Schedule F, a president with the will to do what Trump wants

00:03:28.140 to do and has told his advisors he wants to do, could still do quite a significant purge without it.

00:03:35.880 Okay, welcome. It's Monday, 25 July, year of our Lord, 2022. You're live. We're in the war room.

00:03:41.100 We have a lot to get through today. Probably next Sunday is 100 days. I think 100 days out. We're

00:03:47.860 going to be doing specials leading up to 100 days out of the most important midterm in the history of the

00:03:53.340 nation. You know, probably more important than the one in 1862, the midterm in the Civil War.

00:04:02.580 And we're going to go into details, but we're in the lead up to it. I want to make sure people can

00:04:08.640 separate out all the chatters out there and focus on what's important. Here's what's important.

00:04:15.140 Donald J. Trump, for them, they trash and they run around, they got their hair on fire, 0.98

00:04:18.360 they're doing this. He has a theory of the case. He has a theory of the case. I would actually 0.75

00:04:26.720 respectfully submit to you that since FDRs, the folks he brought in, in the Great Depression of

00:04:37.300 the 1932, when the Republican basically, as I said, in American history, from the Civil War to really

00:04:43.080 1932, it was Republican dominated. You had a couple of Democrats and it was essentially Republican

00:04:48.140 dominated. The Great Depression destroyed that. And you had Democrats basically came in, you had

00:04:53.960 the Gingrich Revolution, you had obviously Reagan, all that, and Nixon, but really at the Tea Party,

00:05:00.820 but it's really Trump in 16 is this major inflection point. Donald J. Trump has a theory of the case.

00:05:06.940 Jonathan Swan's reporting is of the utmost importance. Put away the cutesy little phrase,

00:05:16.260 drain the swamp. Put away the cutesy little phrase, swamp creatures. We're talking about a

00:05:22.560 Republican democracy because essentially we have taken on the model of really Davos and the Chinese 0.98

00:05:29.280 Communist Party of an authoritarian state, undemocratic, with institutions that are not democratic,

00:05:34.560 and state capitalism. Now, how do you combat that? You combat that by deconstructing. You have to take

00:05:41.780 it apart, brick by brick. The combination, and this is why I say in the last court session,

00:05:48.760 the ruling that will actually be in hindsight more important than Roe v. Wade, as important as that

00:05:56.000 is, I understand for our evangelical and pro-life guys, that's everything. The EPA, West Virginia,

00:06:04.560 because that is the deconstruction of the administrative state from the legal, and it's

00:06:09.020 by Gorsuch, who will be the Scalia of this effort, not Justice Thomas. Justice Thomas is a good man,

00:06:14.980 and it's his court, but the legal theoretician is Gorsuch. He was picked for a reason.

00:06:21.720 And now you see, on the other hand, what had been worked on by some of the smartest people in the

00:06:27.420 Trump administration and schedule up? There's two parts to Jonathan Swan's peace, and of course,

00:06:33.680 they've got to make a drama, Trump's revenge or anything like that. Put aside the war and posse,

00:06:38.800 you must put aside the drama and the conflict. And by the way, there will be a huge drama that the

00:06:43.220 administrative state is going to fight this every day like Stalingrad, okay? Not one step back.

00:06:48.740 That's okay. I admire that. You've got an apparatus, a non-democratic apparatus,

00:06:53.340 that's impervious to elections, or it used to be impervious to elections with controlled

00:06:57.880 opposition Republicans, because they wouldn't take it on. They would just add to it and build it.

00:07:02.660 They would not confront it. And this is not marginally cutting out a program to you. This

00:07:06.620 is not about that. This is about going to the heart of it, the heart of the beast. It's not the swamp.

00:07:11.640 It's not the deep state. It is that you saw it in the first impeachment. What was the fetish,

00:07:16.300 the interagency process? It's like a sacramental. It's like mass is to the Catholics, the interagency 0.54

00:07:24.560 process, how the administrative state has to work. And Jonathan Sassouan ends on, he sounded like

00:07:30.560 Darren Beattie at the end, that the lead thing will be, because Kash Patel and others had a lot

00:07:34.800 to do with this, the take on, this is how you take on the national security apparatus. And civil

00:07:39.640 libertarian Democrats, because remember, the last time we went through this was after the

00:07:44.320 assassinations in the Vietnam War and the protest and all of it. And you had, you had the church

00:07:50.240 commission. You had that, this is how you got the super eight, all that because of the CIA, guess

00:07:56.240 what? Being out of control. CIA did some good things, but they were also out of control, particularly

00:08:00.380 in domestic politics. The FBI had did some great things. And as a kid raising, you know, the FBI was

00:08:05.300 everything, but they were also out of control. They are 10X. Now what they are, we don't have the New

00:08:12.720 York Times or the Washington Post or those liberal at the time, because they were First

00:08:16.780 Amendment, they were strong in the First Amendment. Now they're part of the process. They're the

00:08:19.480 propaganda department. We got a lot of economics to get through today. We got Tina Peters, got all

00:08:24.660 that. The Republicans, Karl Rowe, Steve Wynn, Steve Wynn, the agent for the Chinese Communist 0.97

00:08:29.380 Party, not me saying that, DOJ saying that, in the filings, agent for the Chinese Communist

00:08:34.240 Party. They're starting a now voter integrity. The Republicans starting a voter integrity, then going

00:08:38.620 to raise $20 million. That is all to make sure that the Trump apparatus, the MAGA apparatus,

00:08:43.920 does not take charge of the election apparatus. It's not going to work because they don't have

00:08:47.980 volunteers. They have no volunteers. They have money and no volunteers. They have money and

00:08:52.000 Fox News and no volunteers. So we're going to get into all of it. And the biggest week on

00:08:57.260 announcement of economics. And of course, the regime has given us the regime's definition

00:09:02.180 of recession. Poor Janet Yellen. Janet Yellen, when Larry Summers is now on Fox all the time,

00:09:08.160 Larry Summers is flat out running to be Secretary of the Treasury. It's so blatant. Steve Ratner,

00:09:13.500 but it's Steve Ratner's publicity department, his comms team, but it get rolling here because he's

00:09:17.940 getting smoked by Larry Summers. And poor Janet Yellen. She's sounding daffier and daffier every day. 0.84

00:09:24.540 Okay, we got a lot to go through. Let me give, first off, I got Cortez and Harnwell. Cortez is going to go

00:09:29.980 through a lot of math, a lot of economics, what's happening. But give me your sense of,

00:09:34.640 and here's what I love. Show me Chris Christie, Mike Pence, Tom Cotton, Nikki Haley. Show me what

00:09:42.040 you got, baby. Flip your cards over. Show me a Democrat, except for Newsom, except for Newsom.

00:09:46.960 And the kids down at, the kids down at, the kids in Tampa have been watching War Room. Newsom at 30%

00:09:53.620 of the guy that could beat him. Newsom's got a theory of the case called the California, but it's tiny.

00:09:58.080 It's not well thought through, but it's a version of this. But Steve Cortez, Donald J. Trump actually

00:10:05.500 has a theory of governance. Every bit is developed as FDR. Totally, FDR was the beginning of the

00:10:14.760 administrative state. You know, started with the Civil War, had some with Woodrow Wilson, but really

00:10:20.660 the theory of the administrative state came with those things in the 1930s that the Supreme Court

00:10:25.900 at the time, before they flinched about packing, you know, struck everything down. Steve Cortez.

00:10:34.320 You know, Steve, it gets my deplorable blood going on a Monday morning to hear Jonathan Swan

00:10:40.420 talk about a purge, a purge of the administrative state. Now, of course, he means that to be an

00:10:45.880 expose and to be a hit on our movement. We take it exactly the opposite and wear it as a badge of

00:10:51.320 honor. And it tells me that, yes, Jonathan Swan recognizes that there is a plan in place that this

00:10:58.100 second Trump term is going to be far more consequential than the first one. And the first one

00:11:02.320 was quite consequential. But in this second term, there is a plan in place to truly attack

00:11:07.980 the unelected bureaucrats who form the spine of the administrative state that is so destructive 0.76

00:11:14.280 for regular Americans. And what we're talking about now is accountability, Steve, because these

00:11:19.080 unelected bureaucrats, they effectively have what university professors have, which is tenure, 0.55

00:11:23.660 which means that they are almost unfireable. It's almost impossible to fire them, OK, unless they're

00:11:29.560 caught cheating or something. Right. And we need to change that. These people need to be accountable

00:11:34.520 to the United States. Washington, D.C., too often acts like the capital in the Hunger Games and suppresses

00:11:41.700 the districts. It is not coincidence that the five wealthiest counties in America are all

00:11:47.800 in the Washington, D.C. metro area. Steve, that's not because people are curing cancer in Washington,

00:11:53.040 D.C. or coming up with amazing new inventions. It's because it has become a giant, a giant.

00:12:00.280 Well, I don't want to say anything inappropriate. It's become a giant siphon.

00:12:04.740 No, no, no. Hang on. Because five and a half trillion dollars, it's like five and a half

00:12:11.440 trillion dollars of just straight out cash comes through here every year. Right. And by the way,

00:12:15.740 you know, all the other pockets they've got, it's literally tens of trillions of dollars flows through

00:12:22.000 the city and dealt out to their buddies, their business associates, the companies that support

00:12:26.800 them. This is, you know, this is Babylon on the Potomac. That's what we have here at the Imperial

00:12:31.760 State. And this is, by the way, we finally have a plan, ladies and gentlemen. Stop saying drain

00:12:36.320 the swamp. I don't want to hear it anymore. That's a cutesy term. We're at war. We're at war with the

00:12:40.600 administrative state. And hey, you don't think they're coming? They're coming. Do you think

00:12:43.980 these guys are dug in here? They control the greatest, you know, country in the world. They've

00:12:49.100 turned it into a global empire, which we want to say we're not in the global empire business.

00:12:53.080 The revolutionary generation told us not to. Steve Cortez.

00:12:56.700 Well, to your point, too, about the contrast then with America First, with our movement,

00:13:00.500 and with Donald Trump as a candidate versus those establishment Republicans who you mentioned,

00:13:05.180 they are controlled opposition and they are fine with the managed decline of the United States of

00:13:10.320 America. That benefits them and benefits Washington, D.C., certainly benefits those thousands and

00:13:14.400 thousands of federal employees who are unaccountable. And what this movement is saying,

00:13:18.980 this patriotic populist movement, is standing up and saying, no, we will no longer preside over the

00:13:24.020 managed decline of the United States. And these establishment milquetoast Republicans,

00:13:29.440 people like Mitch McConnell and Jeb Bush and, yes, Mike Pence, they cannot be part of this

00:13:35.940 sweeping and revolutionary political movement that is going to, again, I like the word of

00:13:41.260 Jonathan Swan, that is going to purge the administrative state.

00:13:45.800 Harnwell, give me 60 seconds before we go to break. You're going to stick with us over the hour.

00:13:49.580 Give us your thoughts.

00:13:50.280 My thought on this is to answer the question, who governs the United States? Who runs the country?

00:13:59.620 Is the country a democracy fundamentally with a system of governance that governs by the consent of

00:14:05.860 the people? Or is it a technocracy? An assemblage of self-appointed, self-justifying experts that

00:14:18.100 respond only to themselves and have, because as Steve Cortez said, they're unfiable. All they have to do

00:14:26.620 to blow off, they don't even need to openly come out and oppose Donald Trump's agenda. They just need to

00:14:32.340 slow walk it into oblivion. Well, yeah, but they do a pretty good job of fighting. Okay, short break.

00:14:38.740 We got economics to go through, technocracy to go through. By the way, the biggest anti-democratic

00:14:43.980 is the Federal Reserve. That's not even in the memo, Jonathan. We're coming hard for that,

00:14:49.720 not just audit, in the Fed. All next, where in the war room?

00:14:54.480 You know what's never good? When your nation's supposed authority on economic policy completely

00:15:06.220 misses the flashing red lights of impending inflation. Now, Treasury Secretary Janet Yellen

00:15:12.400 has finally admitted, quote, there's been an unanticipated and large shocks to the economy

00:15:17.620 that have boosted energy and food prices and supply bottlenecks that affected our economy badly

00:15:23.120 that I didn't, at the time, fully understand. End quote. You know who understands the real threat

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00:16:25.220 War Room. Pandemic. With Stephen K. Bannon.

00:16:28.860 The epidemic is a demon, and we cannot let this demon hide.

00:16:32.660 War Room. Pandemic. Here's your host, Stephen K. Bannon.

00:16:37.140 Okay. Welcome back. Monday, 25 July, Year of War 2022. I want to thank everybody. By the way,

00:16:44.080 go to our website, get the newsletter, particularly if you listen on the podcast. And the podcast is

00:16:51.320 obviously on fire, so it's alive. I want to thank all of our distribution partners, Real America's

00:16:55.380 Voice, John Frederick's Radio Network, G News, putting us up in Mandarin. Good morning to Lao 0.93

00:17:01.140 Beijing. And I guess good evening for the people in the mainland, right? And also the podcast.

00:17:09.640 Everybody go to the podcast, download it. I want to hear all your things. Go to Getter. Go to my site.

00:17:14.160 Go to my site. Tell me what you think. Feedback you see. If you go to Getter, it's free. You get

00:17:19.060 Cortez. Cortez stuff amazing comes right up. You got Harnwell with his lifestyle. We got Navarro, and you

00:17:24.460 got me, and I'm insane on it. That's all me, and I'm up 24 hours a day putting up analysis, et cetera.

00:17:30.880 Because Harnwell says, because I'm on him for not reading them all. He goes, it's a fire hose. I

00:17:34.700 can't handle it. Mypillow.com. We got a lot of voter. We got a lot about the 2020. Tina Peter's

00:17:42.340 going to be on. I think she's calling from a jail cell. We got Tina on later. Trying to have 0.84

00:17:47.020 Marchant, I think, trying to track him down because of his voter integrity, right? Huge primaries coming

00:17:54.780 up. We're going to get into a lot of politics. Go to mypillow.com. Promo code war room. You guys were,

00:18:00.060 hey, last week, you had Posobik. You had Navarro. I had my two besties here. I need to have people

00:18:07.480 step up to the plate. Mypillow.com. Promo code war room. Check out all the sales. You got the

00:18:12.460 sheets. They're not going to last forever. You got the pillows of $19.98, $19.88. You can't get that

00:18:17.860 in Walmart or any big box. You got to come here. So go check it out. Steve Cortez, a huge week. Do we

00:18:24.200 have, by the way, can we play Janet Yellen? Do we have that ready to go? Yes. Okay. Okay. We have

00:18:30.300 that. We have. Okay. Hang on. Slow down for Denver. Hang on. You're on top of things. I got to tee this

00:18:35.560 up. I got to tee the audience up for, and I consider this the lack of respect department.

00:18:41.860 They think everybody's morons. They don't understand with shows like War Room and others that people are 0.99

00:18:45.980 broken through that kind of white noise and actually are presenting information that people now

00:18:51.700 can understand nomenclature, inverted yield curve. They know what the technical aspects of a

00:18:57.680 recession means. They get it. And of course, in their daily lives, they don't need to have it

00:19:01.960 explained to them, but now they know the technical aspects of it. Steve Cortez, I couldn't believe they

00:19:07.060 rolled out good old Janet Yellen this morning and over the weekend to do this. Denver, let's play Janet 0.99

00:19:14.080 Yellen. It's not an economy that's in recession, but we're in a period of transition in which

00:19:21.320 growth is slowing and that's necessary and appropriate. And we need to be growing at a

00:19:31.640 steady and sustainable pace. So there is a slowdown and businesses can see that. And that's appropriate

00:19:41.360 given that people now have jobs and we have a strong labor market. But you don't see any of the

00:19:48.080 signs now. A recession is a broad-based contraction that affects many sectors of the economy. We just

00:19:57.120 don't have that. Okay. I actually, and I say this with all respect, because I thought as a Federal

00:20:04.880 Reserve head, remember she, in the first year of Trump's administration, she actually did quantitative

00:20:10.060 tightening. Nobody gives Trump credit or even yelling at her. She took almost a trillion dollars

00:20:14.080 off the balance sheet of the Fed. That's the first time anybody's taken any off since the crash of

00:20:18.860 2008, which we still haven't recovered from because of how they did it with just printing money.

00:20:25.120 Steve Cortez, and look, so I don't want to pick on her, but she looked like she should be going over 0.84

00:20:28.500 to her house with your baseball bat on your shoulder, your cap up, Cortez, with your glove on

00:20:33.540 your bat, getting some cookies and milk from her. And they send her out on, I think it was Chuck 0.99

00:20:38.580 Todd yesterday, to just spout nonsense. Now they're gone. It's like the Soviet Union. They're 0.99

00:20:44.000 just going to tell the audience what they're trying to do here. By the way, no, ma'am, it's not slowing

00:20:48.820 growth. It's negative. The growth has basically stopped. We're in negative growth. Steve Cortez.

00:20:55.960 And Steve, if you notice there, she said a transition. That word's a lot like transitory,

00:20:59.720 which used to be her favorite word. Now she's saying it's a transition to slower growth. Listen,

00:21:04.500 Janet Yellen needs to resign. She should have been fired or she should have resigned yesterday 1.00

00:21:09.040 for getting the economy so disastrously wrong because she was either totally incompetent or 0.98

00:21:14.260 she was outright lying to the American people or some combination of the two. And I think Janet

00:21:18.420 Yellen, by the way, this is instructive and to connect us to our last conversation about the

00:21:22.540 administrative state. She is really the personification of the failures of credentialism. 0.91

00:21:27.940 And what I mean by that is on paper, she has an incredibly august resume. Her CV couldn't be more

00:21:33.360 impressive. She has a doctorate from Yale. She taught at Harvard. She was the chair of the

00:21:37.360 Federal Reserve. And in reality, Steve, when it comes to the economy, she is totally lost and

00:21:43.040 incompetent. Totally. Okay. Now, when she talks about the transition to slower growth, no, it's not 0.98

00:21:48.220 slower growth. It is negative growth. It is receding. It is an actual recession. The definition of a

00:21:53.300 recession, which has been widely accepted for decades and decades in the business community of the United

00:21:57.960 States is two consecutive quarters of negative growth, of the economy getting smaller. Okay. We

00:22:04.020 are likely to confirm that reality this week. That is an absolutely loaded week of economic data out

00:22:10.200 all week long, including a new report from the Fed. And here's what the White House put out over the

00:22:14.980 weekend to try to get in front of this. And let's look at this. And I highlighted some of the key parts

00:22:19.360 in this absurd statement from the White House. And they asked the question, what is a recession?

00:22:24.200 While some maintain two consecutive quarters of falling GDP constitute a recession. Well,

00:22:29.780 not some, Steve. Again, that is the accepted definition for decades and decades. They go on

00:22:34.900 to say, it's the second part that I highlighted there. They say, we need to take a holistic look

00:22:40.260 at the data. A holistic look at the data. So they are trying to literally redefine words. They're trying

00:22:47.520 to use fuzzy phrases to give themselves wiggle room so that they can claim that we're not actually in

00:22:53.360 a recession. Steve, this is so embarrassing. George Orwell himself could not have penned this

00:22:58.740 in fiction because he would say it's simply not believable, even in a work of fiction.

00:23:04.660 The White House right now, remember, these are the very same people, though, who also claim that they

00:23:08.420 can redefine what is a man and a woman, right? These very same people are now telling us that we can

00:23:13.140 redefine what is a recession. Why? Well, because we're in a recession. And because the American people

00:23:17.920 know it, again, it will likely be officially confirmed very soon by the data. But the American

00:23:22.440 people are well aware that they are personally in a recession and not just a mild one, Steve,

00:23:27.480 an extremely deep one. So this is not a transition to slower growth. This is an economy that is utterly

00:23:33.860 falling off a cliff. That is the reality in America right now.

00:23:38.880 There's polling. I put it up on my Getter account, polling over the weekend. 42% of people said

00:23:44.060 they're being overwhelmed. 42% of Americans, they're being overwhelmed by the economy,

00:23:48.620 living paycheck to paycheck. They don't know how they're going to make it. 42% of your countrymen,

00:23:53.120 85% said the economy is going in the wrong direction. You can't get 85% of people to agree

00:23:59.820 the sun's going to come up in the east. First off, I think 25% of Americans, I was reading this the

00:24:06.120 other day, still think they don't believe in Copernicus, right? So you got 85% thinks the wrong way.

00:24:12.140 Pretty good number there, Steve Cortez? Yeah, pretty convincing and overwhelming.

00:24:16.740 You know, Steve, we talked about previously how small businesses in the massive alignable survey,

00:24:21.720 a third of small businesses say they were not able to pay rent in June. Well, we now have some similar

00:24:26.340 data on individuals not paying rent. If we can put up chart number two, please. This is new reporting

00:24:31.680 also from Axios. We're doing a lot for Axios this morning on the war room. But this is reporting from

00:24:35.980 Axios that 17% of Hispanic citizens in the United States say they cannot make rent. They are behind

00:24:43.160 on their rent. One out of every six Hispanics in this country, Steve, there's roughly 60 million Hispanics,

00:24:48.700 so we're talking about 10 million people. 10 million citizens cannot pay rent right now in the United States,

00:24:56.400 and that's just one demographic group. There's obviously more than that in total. You can't tell

00:25:00.460 me that we're not in a recession. You know what there's a called? Trump voters right now. Brothers,

00:25:07.000 anybody missing rent, any businessman or any Hispanic, African-American, Asian, anybody. If you're,

00:25:13.220 if you can't pay rent, you got to vote. You got to vote for the Trump people in November,

00:25:18.560 the Republicans. You got to. Because the Biden inflation is crushing. It is absolutely crushing

00:25:23.760 middle-class folks. And let me give, let's show one more chart here, because unlike Janet Yellen,

00:25:27.460 I believe in charts and data. This is the XLY. If we can put up chart three, please. This is the XLY,

00:25:33.420 which is an ETF, an exchange-traded fund. And so in one ticker, XLY, you get all of the consumer

00:25:38.400 discretionary major companies together in one. Now, this is a lot of companies, by the way, that we

00:25:43.040 deplorables don't care much for, companies like Disney and Amazon. But regardless, it's a really good

00:25:48.060 read on where the consumer is. And if you look at that chart, it is demonstrably from the upper left

00:25:53.660 to the lower right, unfortunately, in a pronounced bear trend. It's bounced back a bit in recent weeks,

00:25:59.680 yes. But let's put this in context. That chart goes back one year. Right now, the XLY, Steve,

00:26:04.500 is 28% off of its highs that were reached last November around Thanksgiving time. 28%. 20% is a bear

00:26:13.120 market. The White House would probably try to say, we're going to redefine that. But 20% is a bear market.

00:26:17.540 28% is a massive bear market. This is the reality. Okay? Price is truth. And the XLY,

00:26:24.980 the consumer discretionary stocks, are telling us that the consumer is absolutely getting pummeled.

00:26:30.580 Another data point from one single company that came out today, Weber Grill. Weber Grill retracted

00:26:35.540 its forward-looking guidance for the rest of the year. And its stock is right now getting pounded 20%

00:26:41.040 today. That's another data point to reflect the reality.

00:26:44.500 Hold it, hold it. It hasn't gotten hit. I've been hit the desk here. It hasn't been hit 20,

00:26:49.400 hasn't been a 20% drop just since the market opened this morning.

00:26:53.720 Yes, 20%. And actually, I didn't check it now, but I will. But pre-market, yes, correct. In one day

00:26:58.780 from Friday's close, pre-market down 20% in a day on Weber Grill. That's how problematic the consumer

00:27:05.360 market is right now in the United States. That's how crushing this inflation is to regular individuals,

00:27:10.540 particularly working class people. Janet Yellen, again, if she had any honor or dignity,

00:27:15.280 she would resign. She should be fired. She won't, though. And listen, this is a packed week. We're

00:27:21.140 going to get so much economic data out this week on inflation from the Fed, on second quarter growth,

00:27:26.960 which the Atlanta Fed right now forecasts at minus 1.6%. We'll see where it actually comes in.

00:27:32.040 But the reality is the Biden economy is worsening. It is decelerating in a significant way. And it's

00:27:39.140 crushing Americans, both their pocketbooks, as well as their spirits. We know consumer sentiment 0.98

00:27:42.840 at an all-time low. That is the reality right now. We need to speak in truth and use evidence and data

00:27:48.480 so that, Steve, not just to the press people, so that we can figure out the path out. What is the

00:27:54.080 fix? We didn't make this mess, but we are going to fix this mess with economic populist nationalism.

00:27:59.880 The Feds are going to increase rates, but they're not doing any tightening. They haven't hit those

00:28:04.240 marks yet. Also, they're going to come back with a massive stimulus bill. I'm telling you,

00:28:08.260 they're going to take a break in August. They're going to come back and say,

00:28:10.520 we've got to juice this thing up. Big league. They're going to go back to the same old toolbox.

00:28:16.000 Okay. Short break. Back with Cortez, Harnwell, all next in the war room.

00:28:24.800 Americans are discovering that if we want to change this nation, we have to change the way

00:28:28.780 the marketplace works. Look, woke corporations are seeking to divide us. Big banks are freezing the

00:28:33.780 accounts of people who disagree with their political views, and our supply chain is dependent

00:28:38.360 upon countries that actively work against our values, like the Chinese Communist Party.

00:28:43.760 It's time for a change, and that change starts with you and your wallet. That's why I'm proud to

00:28:49.440 partner with Public SQ, the largest network of patriotic, freedom-loving businesses and consumers

00:28:55.080 our nation has ever seen. Public SQ is the first app to connect freedom-loving Americans with their

00:29:01.600 local community and the businesses that share their values. Whether you want to support a restaurant

00:29:06.300 that only buys from local farms, a coffee shop that took a stand against COVID mandates, or a bank

00:29:11.320 that can never cancel you for your political views, Public SQ is your guide. There's also

00:29:17.940 interactive, sensor-free community groups where you can connect with other local members, and here's

00:29:23.040 the best part of it. It's absolutely free to join. Just download the Public SQ app from the Apple

00:29:28.660 Store or Google Play. Create an account and begin your search. You can also list your business for

00:29:34.100 free so your local community can support you. Download the app today. Public SQ. That's Public SQ.

00:29:41.320 Public SQ. Go to the Apple App Store or Google Play. Take action. Do this today. Let's talk about the

00:29:49.120 great sorting. The masses of Americans who are fleeing blue states and blue jurisdictions for red America. 0.78

00:29:57.100 And let's specifically talk about Illinois to Florida because Governor J.B. Pritzker had the

00:30:02.480 gall to go to Florida last week and give a scathing address attacking Ron DeSantis and the state of

00:30:08.760 Florida, even though the Sunshine State has become a prime destination for Illinoisans who are fleeing

00:30:14.600 the mismanagement and corruption and danger of Illinois as created by J.B. Pritzker himself. Let's look at

00:30:21.520 the data and a truck talk that is powered by Getter. These are U-Haul rates. Very telling. This is a one-way

00:30:27.760 rate for a small truck. Illinois to Florida costs you over $2,400. The other way, only $700. Why?

00:30:36.100 Because the traffic is all going in one direction. All of the demand is from Illinois to Florida. Perhaps

00:30:41.700 for this reason, new polling, which we just got out from Wirepoints, shows that among independents

00:30:46.820 in the land of Lincoln, only 28 percent want J.B. Pritzker re-elected. 62 percent say it is time

00:30:53.660 for a new governor. Illinois is in play.

00:30:58.560 Okay, Illinois is in play. You know, Pritzker ought to give a refund to the people that get

00:31:04.380 paying those higher rates. Got to leave the U-Hauls after they drop them in Florida.

00:31:07.780 And of course, he's running around. The reason he's in Florida, he's like Newsom. They both think that

00:31:13.480 they're going to be the guy to run against DeSantis. They haven't quite read the memo yet.

00:31:18.140 But Steve, I want to go back and I want to give you a couple of things I want to announce. Number

00:31:22.440 one, the Federal Reserve is so absolutely essential. Everything's going on. I've got Christopher

00:31:27.740 Leonard. We're going to do a one-hour special. I think it's going to be this Wednesday at six

00:31:33.620 o'clock, but I'm going to talk to you. You got to watch this. I'm trying to get Philip Patrick on

00:31:37.640 here. Maybe even talk Cortez and coming on. We're going to break down how the Fed is the beast.

00:31:42.260 When they flex, they flood the zone with made-up dollars. Fiat currency changes everything. And

00:31:49.220 the Fed's got to be watched here very closely because the Fed is about to come off, I think,

00:31:53.040 the chain again. They're going to do a 75 basis point, but that's not the good. You watch. They're

00:31:58.080 going to start flooding the zone with money. You watch. We're going to get to this again. I can feel

00:32:01.440 it. Also, so Jonathan Swan, also, I'm reaching out to Mike Davis, the great legal expert that talked

00:32:09.400 about the deconstruction industry. He was Gorsuch's clerk. This guy knows it better than anybody over

00:32:14.700 at Article 3. I'm going to get Mike, and we're going to have a one-hour special on the Jonathan

00:32:21.360 Swan Axios article. I want everybody to understand deeply exactly what we're doing here, okay,

00:32:30.160 exactly what's going on, because you're going to be a part of it. And particularly want people

00:32:34.060 come and step in forward and say, hey, I want to be one of those 4,000 shock troops. Or there's

00:32:39.340 going to be lots of other opportunities, lots of other opportunities. Drop the phrase, drain the

00:32:44.240 swamp. This is beyond that. This is taking on and defeating and deconstructing the administrative

00:32:48.580 state. We're going to do that, and we're going to get a one-hour special on the Jonathan Swan

00:32:52.220 Axios and get some people on here who can talk about it and, of course, Mike Davis. Also, over the

00:32:57.140 weekend, the New York Times Magazine showing the love. I tried to put this up, but it was behind the

00:33:02.120 paywall. So I couldn't get it up just the photo, but I'm going to do a better job now that my staff

00:33:06.160 is back. I work over weekends. They take off. So they're going to tell me how to do it. The cover

00:33:12.420 story, Cortez and Harnwell, of the New York Times Sunday Magazine, which besides the New Yorker,

00:33:18.980 is what the Upper East Side out in the Hamptons, this is what they're curling up with under the

00:33:23.820 umbrellas in the Hamptons beaches. Look at that beautiful black and white photography,

00:33:29.940 and it's stop the steal right there. And here's the headline, how the movement to reinstate

00:33:35.860 President Trump has gone far beyond him and now threatens the future of American elections.

00:33:42.660 Okay. It's an absolute brilliant piece. Of course, they say it in a way of being trying to be with

00:33:49.240 this the worst thing in the world, but you've got an all-star cast in there, according to Doug

00:33:53.420 Mastriano and many others that we're going to break that down during the thing because they're

00:33:57.720 absolutely petrified. In the Republican establishment, the controlled opposition is

00:34:01.320 petrified also because they just announced Stephen Law, Karl Rove. Stephen Law is Mitch McConnell's

00:34:07.640 guy. Karl Rove, just Bill Barr, who did nothing in 2020. All the controlled opposition that are

00:34:14.560 feeding off the trough here for the administrative state with their law firms and all their associations 0.70

00:34:19.280 and led by Steve Nguyen, an agent for the Chinese Communist Party, right? Steve Nguyen is the big guy

00:34:26.180 going to raise money. They have no volunteers because MAGA hates them, but they're going to try

00:34:30.880 to spend money. And all they're trying to do is stop the precinct strategy. The left can't do it.

00:34:36.800 The Republican establishment so fears Steve Stern and Dan Schultz and all the success stories,

00:34:43.560 the moms from DeKalb County, that they're raising $20 million to stop you. They have no interest in 0.99

00:34:49.860 voter integrity. What they want to do is make sure that you're not in there in the room over around

00:34:53.720 the green table counting votes. Cortez, the architecture this week. By the way, mypillow.com,

00:34:59.900 promo code RORUM. Let's go check it out. Okay, check it out. Also, my man, Eric Prince,

00:35:07.560 unplugged.com. This is his app. He's building a phone. It's going to be out. We'll be having it by the fall,

00:35:12.680 but he's got an app. Once you download the app, they can't monetize or track you on any of your

00:35:17.540 apps. Okay. And it's got an encryption key. That is the world's best. So go check it out today.

00:35:24.180 Unplugged.com and also mypillow.com. Okay. Cortez, just walk me through the architecture of the week

00:35:31.440 because on Sunday, folks, there's a hundred days out to the destruction of the democratic party.

00:35:37.600 The shattering blow from school boards to election boards, to county supervisors,

00:35:42.680 to the house and the Senate, to destroy the democratic party as a national political

00:35:47.900 institution by giving them a democracy suppository, since they are this party of not

00:35:54.180 just the groomers, but also the administrative state. We're going to shatter that. And we have

00:35:59.560 a chance to, and this week as a preamble, brother Cortez, we're going to have earnings, economics,

00:36:05.740 reports, and data, sir. What's the week look like?

00:36:08.360 No, exactly. So really it's the perfect lead up, isn't it? To 100 days out because we're going to

00:36:12.880 get just a flood, a torrent of economic numbers out this week. I anticipate most of them are going

00:36:18.020 to be very depressing, quite frankly, for the economy, but nonetheless, they will be illustrative

00:36:22.180 and they will point the way, you know, again, I don't go over these economic stats to depress people,

00:36:26.540 but rather to point the way toward the fixes. How do we solve for this equation? How do we fix the mess

00:36:32.360 that has been created by Biden and Pelosi? And yes, by establishment Republicans, people like

00:36:36.920 Mitch McConnell. By the way, I just, I mentioned that I would check during the break. I did check

00:36:40.940 Weber Grill. I don't mean to pick on this company, by the way, but it is down 20% today, Weber Grill.

00:36:46.860 That is likely because Americans can't even afford the meat to put on the Weber Grill in the first

00:36:51.980 place. And again, I'm not just trying to pick on that company. If we look at consumer discretionary

00:36:55.580 on the whole off 28% from the highs on XLY just last fall, that is a pronounced bear market. That

00:37:03.780 is a recession in the United States. Now, speaking of recession, a lot of data out this week. Starting

00:37:08.100 tomorrow, we get home sales and consumer confidence out on Tuesday. Wednesday, very big afternoon. That

00:37:14.660 is the Fed. If I'm invited back, I'll come to the five o'clock war room and we could talk about the Fed

00:37:18.980 on Wednesday. Thursday, then we get the GDP report. And that's when we are likely going to find out

00:37:24.480 that yes, we are officially in a recession with the second consecutive quarter of negative growth,

00:37:30.440 of no growth, negative growth in the United States economy. Again, the Atlanta Fed GDP now model,

00:37:35.800 which is not always correct, but it has a pretty good track record. And it's a statistical model.

00:37:39.700 It's not somebody's opinion. It is a rigorous, well done model. That's right now forecast. Second

00:37:44.980 quarter GDP came in at minus 1.6%. And then on Friday, we're going to get University of Michigan

00:37:51.480 sentiment, which is at an all-time low in a survey that goes all the way back to the 1950s. Are we

00:37:56.320 going to make another new all-time low? Perhaps. By the way, University of Michigan, if I could just

00:38:00.300 mention this, because college football season is coming upon us. I've never been a fan of the

00:38:04.000 Wolverines because I'm a Notre Dame fan, but the way Coach Harbaugh is talking pro-life out there,

00:38:08.780 I'm going to have to root for Michigan, speaking of University of Michigan. But listen, back to the

00:38:12.460 economy on Friday. Oh, but hang on. We talk about Michigan. I love Michigan in the big house,

00:38:19.080 but being a Notre Dame fan, they got to play them. They got to drop this bizarre conference

00:38:23.000 thing and get back to the old conferences. Notre Dame's got to play Michigan every year. You got

00:38:26.020 to play Michigan in Michigan and say, hang on. But University of Michigan also had the doctor

00:38:30.660 that's a pro-life at the white coat ceremony. Now, they had a bunch of walkouts, but the president

00:38:36.320 of the medical school didn't flinch. They went to them the whole blue check thing. Oh, this is terrible.

00:38:41.160 This is terrible. Said, hey, suck on that. She's speaking. She got selected to speak. She's going 1.00

00:38:46.700 to speak. So University of Michigan with Harbaugh, and all the haters are all over him. Hat tip to

00:38:52.140 the Wolverines. Yeah. Amen. Amen. And then back to the economy, we also get PCE out on Friday,

00:38:58.940 which is an inflation read, and that is the preferred inflation read of the Federal Reserve.

00:39:02.880 It's similar to CPI, but we'll also get that data out. And in addition to that, a lot of corporate

00:39:08.280 earnings. So it is going to be an incredibly busy week ahead. And as I mentioned, Steve,

00:39:13.320 it's really sort of the perfect runway. It's going to set the table. It's the perfect preamble,

00:39:18.680 prologue to 100 days out. Okay. America is in a dire economic quagmire. How do we fix it? What are

00:39:26.300 the solutions? What are the America first economic popular solutions to restore the prosperity of the

00:39:31.540 middle class that has been decimated in the last year and a half by Joe Biden?

00:39:35.040 What do you think is the sense you're right now, I want to give to you, what's your sense of what

00:39:40.840 reality trending? I don't need to talk specifically, because the numbers aren't out. I know you're a guy

00:39:47.180 that likes to get to the math, but where you're seeing things directionally, as you look at other

00:39:51.160 data that's out there, versus how they're going to, they're, they're clearly going to try to play

00:39:56.300 mind games. I mean, right now, like you see the gasoline, they're putting the chart up every day,

00:39:59.540 gasoline, all-time lowest drop in history, right? They're, they're, you know, they're sending out

00:40:04.380 Zen master, Jean-Pierre is coming out every day, the Zen master, the one, what's the sound of one

00:40:09.800 hand clapping? She's giving it to you every day, right? So what do you think, how, how, what do you

00:40:15.440 think the reality, at least where we are, versus when you just saw Weber, right? The first of the

00:40:21.280 earnings, not a good sign. What, what, where do you think it is, but how are they going to try to

00:40:25.380 spin this? What's the, what's the lipstick, what color lipstick are they going to put on this pig? 1.00

00:40:30.240 Right. Well, listen, whatever color it is, it won't work because here's the reality. 0.94

00:40:34.660 People know their own economic circumstances. They're incredibly intrinsically aware of it.

00:40:39.300 And even a lot of folks who might not ideologically be that sympathetic to our movement, Steve,

00:40:43.720 a lot of the soccer moms, for example, out there might not love a lot of the tenants of America 1.00

00:40:47.920 first, but they are hurting economically right now badly. And they cannot afford, forget about

00:40:53.300 luxuries. They cannot afford the things that they need in their lives for their families. And

00:40:58.000 because of that, there's political opportunity here. There is a political opening and no amount

00:41:02.940 of spin from the corporate media, no amount of lying from the white house. We put that chart up

00:41:07.040 earlier. No amount of lying from the white house, trying to redefine a recession is going to change

00:41:11.880 the actual lived reality of the American people who are suffering terribly right now. The anxiety in the

00:41:19.440 land is palpable, Steve. We see it certainly in all the macro surveys, but I also see it anecdotally.

00:41:23.960 I've done a lot of campaigning in the last few months, and I'm going to do a lot more into

00:41:27.720 November to get the right America first candidates elected. I have met thousands of people all over

00:41:32.180 this country. And the first thing they mentioned to me, Steve, without exception, is inflation. And

00:41:37.080 you can see the anxiety in their eyes. You can hear it in their voices. It is a very stressed

00:41:42.180 country right now, very stressed. And again, we see this in the macro data. So it's not just my

00:41:46.420 my experience in person experiences are not peculiar. They are reflective of the macro data

00:41:51.200 out there. And so given that state of the country right now, the very poor state of the country and

00:41:56.100 getting poorer, unfortunately, every day as real wages crash in America, I don't care how much spin

00:42:02.860 corporate media tries to promulgate. I don't care how many lies are propagated by the white house and

00:42:08.500 their economists. The reality is smack dab in front of Americans. And these kitchen table issues are an

00:42:14.380 opportunity for the America first movement to broaden our coalition and to win a lot of voters

00:42:19.640 who might have been tough to reach previously. But Joe Biden has done us one heck of a favor and pushed

00:42:24.640 a lot of people into the at least potentially into the America first fold. Now you talk about action

00:42:30.840 in this code word transition. I think it's actually deeper than the than the transitory

00:42:37.540 things on inflation. They're talking about transitioning. We have a clip from Grant Holder. I don't know if we've got it

00:42:44.200 ready. I can play the next segment. But she's talking over the weekend that the biggest transition

00:42:47.680 in human history is the transitioning to the to the sustainable energy economy, which, you know,

00:42:54.700 from having the great Dave Walsh, I'm here as a fantasy right now. That's where the same transition.

00:42:58.600 It's their activities have done this. And here's what's amazing. We're going to go back to the same

00:43:03.060 playbook. The reason I'm obsessed with the Federal Reserve, that's what's bailed since, well, for 30 or 40

00:43:07.780 years, but really since 2008. We've been beyond addicted. You're like a crack addict. We are addicted

00:43:13.740 to easy money. We're addicted just to hitting the computer, boom, and creating money out of nowhere

00:43:19.320 that are really going to be obligations to our children and our grandchildren. And we're still

00:43:25.260 addicted to easy money. There's no solution. I mean, if you look at Larry Summers, what he's talking about

00:43:29.520 is biting the bullet. Is there any appetite to do that among the Democratic Party? The answer is no.

00:43:35.920 A short commercial break. Cortez, Harnwell, Jan, all next in the war room.

00:43:40.480 We will fight till they're all gone. We rejoice when there's no more. Let's take down the CCP.

00:43:47.760 Has arrived. The new social media taking on big tech, protecting free speech,

00:43:53.220 and canceling cancel culture. Join the marketplace of ideas. The platform for independent thought has

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00:44:07.900 culture. Enough. Getter has arrived. It's time to say what you want, the way you want. Download now.

00:44:16.000 Wow. By the way, MyPillow.com, promo code WORM. Go check it out right now. That's the square.

00:44:23.640 Action, action, action. The great guys, L. Todd Wood and the team over at CD Media, and I think they

00:44:30.340 get this done by the pundit. He does such an incredible job. Polling out in Arizona. Kelly in

00:44:40.500 Masters, basically in a dead heat. Kelly up three. That's margin of error. But a tight race there. But

00:44:46.380 the big one, Joe Biden. Cortez, I just got this to you, I think. It's Biden. Strongly approve four

00:44:54.560 percent. Strongly disapprove 54 percent. I got to take a hat tip just for the for the a little bit of

00:45:01.060 the war room. We said we killed this in the crib. Now, we were just a small part of it. But remember,

00:45:04.820 we've been maniacally focused since we talked, we're going to kill this administration in the 1.00

00:45:09.700 crib. Hey, I don't care if Benny Thompson doesn't like that or Nancy Pelosi doesn't like it or who 0.98

00:45:13.980 doesn't like it. Justice Department. I don't care if you don't like it. Suck on it. We're destroying

00:45:18.560 this illegitimate regime. And the people in Arizona are reporting they hate you guys. They hate it.

00:45:25.640 How can you have a 50 point? I've never seen a number like that. Strongly approve four. Strongly

00:45:31.840 disapprove 54 percent. Steve Cortez, brother. Give me your sense of that number.

00:45:38.300 You know, listen, Steve, there has never been a political implosion like Joe Biden's. I mean,

00:45:43.360 never in American history has any major political figure, much less a president,

00:45:47.700 seen this kind of absolute implosion of support this quickly. It just is unprecedented. I mean,

00:45:53.840 it literally never happened before. You know, I've talked a lot about his implosion among Hispanics. 1.00

00:45:58.120 He started office with a plus 39 percent approved disapproved ratio, plus 39 percent in his favor.

00:46:04.540 It is now 51 percent against a 90 percent swing in that swing in a period of a year and a half. I

00:46:12.600 mean, this just doesn't happen in politics. It's almost hard to fail that miserably. It really is.

00:46:18.960 I want to bring in Harnwell. Harnwell, blockbuster news reported by the AP today on the guy you cover

00:46:24.300 very closely, Lavrov, the foreign minister. And this guy's a beast. He did a full flex on Zelensky.

00:46:29.640 Tell us what he said. Yeah, he was speaking late last night, Steve, at the Arab League

00:46:35.360 summit in Cairo. And he said this is a change of policy for at least a declared change of policy

00:46:42.640 from with regards to Russia and Ukraine. And Lavrov said that Moscow is determined to help

00:46:51.540 Ukraine's and I quote, liberate themselves from the burden of this absolutely unacceptable regime.

00:46:58.180 He accused Kyiv and by by a connection, its Western allies of spouting propaganda intended

00:47:06.320 to ensure that Ukraine and I quote again, becomes the eternal enemy of Russia. And he said that his 0.79

00:47:13.680 that Russia's plan is for the two countries to work together. And there Russia promised to help

00:47:18.940 Ukraine get rid of this regime, which is absolutely anti-people and anti-historical.

00:47:26.380 Lavrov said Zelensky's got to go. That's not a good sign. That's a different that's a ratcheting up

00:47:30.680 to the West. Steve Cortez, connect that to capital markets and the economy, sir.

00:47:36.720 Listen, this is a scary situation. And all along, we know we have been preaching de-escalation,

00:47:41.880 right? This is a regional struggle that could be solved through negotiation. Instead,

00:47:45.720 the United States and NATO, Biden and NATO, have been funding both sides of the struggle

00:47:49.740 and have escalated it into an international phenomenon, which is incredibly unfortunate

00:47:54.460 and frightening, quite frankly. It's not just my opinion. It's the opinion of capital markets.

00:47:58.340 If we look at natural gas right now, which of course is critical and particularly the natural gas

00:48:02.860 supplies from Russia, so critical to all of Western Europe. Natural gas, as we speak, is up almost

00:48:08.160 4% on the day. Natural gas is a very volatile commodity, Steve. In June, it was just above $9. It

00:48:16.000 got all the way below $6 as recently as a couple of weeks ago. Well, it is soaring back. It is at $8.60,

00:48:22.200 $8.60. Right now, up almost 4% on the day. It looks to me as though it wants to go back and grab

00:48:30.040 those June highs and, in fact, probably eclipse those June highs. Why? Because the natural gas

00:48:35.260 market is properly starting to price in the risks of even more escalation in the Black Sea and the

00:48:41.620 situation between Russia and Ukraine. So there are serious economic, not just strategic, but economic

00:48:46.180 consequences to this massive escalation that the establishment Republicans, along with Joe Biden,

00:48:51.360 have been stirring up for months over there with an enormous mountain of American money.

00:48:55.200 Yeah. Next, in the next, start the next hour, we're going to talk about the geopolitics and the

00:48:59.960 economics globally, how it's impacting citizens of the country. You know, Zelensky, I want to go

00:49:04.240 back to Jonathan Swan. Jonathan Swan had this interview in Davos, the Davos interview with Jonathan

00:49:09.280 Swan, and they brought in Zelensky by video conference. And Jonathan Swan, on the main stage

00:49:14.440 there, right after Henry Kissinger, I think, spoke, gave an interview. And Zelensky, because we know

00:49:18.880 those guys watch the War Room, we're lecturing War Room and ourselves that, oh, well, people should read

00:49:25.100 the memoirs of World War II if they really were not. Zelensky, and I said at the time, I have

00:49:29.140 forgotten more about World War II than you will ever know, actor. But I want to bring up something

00:49:34.440 that I think Zelensky and their people should read. The Best and the Brightest. I think that's the book

00:49:39.500 you ought to be focused on, not World War II. Best and the Brightest, and particularly the section

00:49:42.920 around President Diem. And the Democratic administration was loving up on Diem, and Diem was the answer

00:49:49.240 until he wasn't. And then they backed a coup against him. I'm telling you, Zelensky is going

00:49:56.140 to wear out his welcome with the same people that have propped him up. And we have warned about this

00:50:02.400 from day one. Now it's getting more and more serious. More and more weapons are going in.

00:50:07.200 They're coming back. Zelensky's government came back. A month ago, it was $5 billion a month.

00:50:11.860 Now it's going to be $9 billion a month, $750 billion to rebuild the country. They're still fighting

00:50:17.360 more and more weapons, more and more intensity. Somebody has gotten, the Republican Party has

00:50:22.220 to force Joe Biden to come to the table and make a presentation to Congress and tell us exactly,

00:50:28.640 somebody's got to kick in the World Powers Act. What are we doing here? What is the plan?

00:50:33.160 What is the strategy? What is the objectives? And how are we going to pay for it? And what's

00:50:37.800 America's part of it? And the party of Davos, the EU, and NATO. Cortez, Harnwell's got to stick

00:50:43.920 around. Cortez, give your social media so people can track you, sir.

00:50:46.540 Yes, please find me on The Getter. I'm at Steve, very simple. And I'm also on Twitter

00:50:51.820 for now. I'm at Cortez, Steve Cortez with an S. Thank you so much, Admiral Bannon.

00:50:56.460 Thank you, sir. By the way, for the folks in the Ukraine, it is, our thoughts are with

00:51:02.800 you. This is a horrible situation. And as the University of Chicago professor said, he

00:51:08.820 said they're leading you down the primrose path. So this thing is getting more and more

00:51:12.140 serious. And we need to deescalate. And we need to work out some arrangement where Ukrainians 1.00

00:51:18.320 stop getting slaughtered because Western elites want to escalate. Okay. Talk about escalation.

00:51:25.140 They're trying to escalate on the Dutch farmers and more. Michael Jan's going to join us. We're

00:51:29.240 also going to talk about what's happening with the Tory party in Italy, all of it and how it

00:51:33.240 interconnects with your economic, political and cultural life here in the good old United

00:51:38.760 States of America. Next in the war room.

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Bannon's War Room - July 25, 2022

Episode 2026： Trump's Revenge： The Deconstruction Of Administrative State Action Plan; Recession Is Here - The Math; Lavrov Says Zelensky Must Go

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