Episode 2046: Gameday In The Battleground States; Energy Continues To Plummet Across The Globe
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Summary
Trump and the forces of MAGA are up against the Republican Establishment in a brutal, brutal civil war in the mid-term election. President Trump has endorsed Missouri Governor Eric Greitens, who is running for the U.S. Senate seat currently held by Mitch McConnell.
Transcript
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Well, the virus has now killed more than 100 people in China and new cases have been confirmed
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around the world. So you don't want to frighten the American public. France and South Korea have
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also got evacuation plans. But you need to prepare for and assume. Broadly warning Americans to avoid
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all non-essential travel to China. That this is going to be a real serious problem. France,
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Australia, Canada, the U.S., Singapore, Cambodia, Vietnam, the list goes on. Health officials are
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investigating more than 100 possible cases in the U.S. Germany, a man has contracted the virus.
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The epidemic is a demon and we cannot let this demon hide. Japan, where a bus driver contracted
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the virus. Coronavirus has killed more than 100 people there and infected more than 4,500.
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We have to prepare for the worst always, because if you don't and the worst happens.
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War Room. Pandemic. Here's your host, Stephen K. Bannon.
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Okay, you're live. It's Tuesday, 2 August, the year of our Lord, 2022. Who in a million years
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would have thought this would have been Super Tuesday? It's game day throughout this great
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country of ours as the forces of MAGA and President Trump go up against the Republican
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establishment in just a brutal, brutal, brutal civil war. They are unloading an incredible amount
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of money. They don't have votes. What they have is money and they have the politics of personal
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destruction. They're not arguing about policies. They're out to destroy people. Let's go to
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Missouri and start off with Commander Eric Greitens running in the Republican primary for
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Senator. Commander Greitens, you got the endorsement yesterday. Tell us how that's playing. The folks
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in Missouri, the good patriots in Missouri, getting the word out there, sir?
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Yes, sir, they are. We are honored to have President Trump's endorsement and honored to have
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right behind that Donald Trump Jr., Kimberly Guilfoyle, you know, folks from the War Room
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Posse come on out and saying, we've got to continue to fight for Eric Greitens every single minute.
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Steve, we are going to be working all the way through 1900 Central. We're going to make sure that
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we're pushing folks out to the polls. At the end of the day, this race is very simple. Perhaps the
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biggest contrast in the country. This is MAGA versus McConnell. I was the first guy in the country to
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say that when I'm elected to the United States Senate, I'm voting against Mitch McConnell because
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we need new America First leadership. And so we've got Karl Rove and Mitch McConnell coming in,
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pouring 10 million plus dollars into false ads, fake polls for a rhino. In fact, President Trump just
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two nights ago came out and said that Eric Schmidt, my opponent, who's a rhino, that his campaign
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was practicing great dishonesty in politics. And that's what these rhinos do because they can't
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beat us, Steve, on the issues. My rhino opponents refuse to even debate me during this election because
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they know they're wrong on election integrity. They're wrong on the border. They're wrong on the
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Ukraine. They're wrong on returning to President Trump's America First energy policies, which we
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need to do. They're wrong on foreign policy. And because they're wrong on all of the issues,
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what they do is exactly what you said. They push fake polls. They push false ads. But what you're
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going to see today is at the end of the day, love beats lies. Courage is rooted in love. That is why
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people stand up and they fight for their country. And Steve, we have the fighters. We have the
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patriots. And they're going to see that our compassion beats their cruelty. Our faith beats
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their fear. That we have unleashed a wave of MAGA warriors who are going out and they are fighting
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for every single vote. And we're going to bring home a great victory tonight, sir.
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Okay. I know you're going throughout the state. I want to know where people, I guess you're going
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polling district by polling district. I hope, I assume you're doing tons of AM radio. AM radio is
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still the best to get the word out. Walk us through, how do you promulgate this today? How do you get
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the word out that you're the Trump endorsed candidate? Well, sir, this is my eighth interview
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of the morning. As soon as I'm finished with you, I'm on a Kansas City radio station. And then
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I'm going out to vote myself personally. And we've got all of the media coming out for that.
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Then I'm going to be doing more interviews after that. Meanwhile, Steve, literally every two minute
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break that I have, I am hitting our grassroots supporters, encouraging them, and they are texting
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and they are calling people all over the state of Missouri. This is a critical race. And for anybody
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who's listening right now, who's in the state of Missouri, make sure that you get out and vote.
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Our country is in a crisis. You know, Steve, I was in the SEAL team training when September 11th
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happened. I believe that the crisis we're in today is a hundred times worse than September 11th,
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but there's a difference and there's a hopeful difference. After September 11th, it was me,
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it was my friends in the SEAL teams, it was guys in the army, the Navy, the Air Force, Marine Corps,
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who went overseas to fight that fight. In this crisis, sir, every patriot who's listening has a duty.
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Every patriot who's listening has a role to play in helping us to take our country back.
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So if you're in Missouri, get out to vote, please, for Eric Greitens in the Republican primary for the
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United States Senate. Get your friends and your family out. And if you're outside of the state of
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Missouri and you know somebody in the state of Missouri, encourage them, get out because we're
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Eric Greitens, social media, how do people track you during the day to keep up with constant updates?
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Uh, social media, critical updates are going to be at Eric Greitens on all of our social media
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platforms. And again, if you're in the state of Missouri, come out to the victory party tonight,
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but it's at Eric Greitens and honored to have everybody's support. And Steve, for me, election
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day is also a day of gratitude. I'm grateful to you. I'm grateful to the fantastic folks around you.
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I know you've got great patriots like Ben Bergquam and Steve Cortez on your show.
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These are incredible men of great courage, great character that you surround yourself with. I'm
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grateful to you and to the entire war room posse. We're going onward to victory, sir.
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Well, you're the one out there at the tip of the spear, Greitens. So keep grinding,
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run through the tape, and we'll be following you throughout the day. Commander Eric Greitens in
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this tough race in Missouri. The Trump endorsed candidate, Don Jr., Kimberly, everybody, Boris,
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all of them piling in after Trump endorsed them. A very contentious race. McConnell and the forces
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of darkness out there. I'll get Cortez. We'll be talking about that momentarily. Let's play,
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of course, MSNBC following closely the war room and our own Real America's Voice. Ben Bergquam is
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out there, has had a love bouquet this morning about the work we're doing. Let's go and play the cold
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open for Ben Bergquam, who's out in Arizona right now.
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You're already contending that there's irregularities and there is fraud in this
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election. At what point does Carrie Lake stop and say, am I undermining American faith in our
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Carrie Lake, can it help bring that constitution to America?
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But you haven't even laid out any fraud or irregularity.
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But what fraud is there, Carrie? What fraud is there? This is serious.
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No, this is about Arizona voters and their faith in this election.
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This is exactly what we saw Donald Trump do ahead of the 2020 election here, claiming fraud before
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the votes even came in. Now, to be clear, we expect Carrie Lake to have a strong chance of
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pulling off tonight's victory. But she's already setting up the stakes.
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If Karen Taylor Robeson is close to her in this race, I think we're going to be looking at days
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ahead in which Carrie Lake, you know, the Trump acolyte, is contesting this election here for
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You were extraordinarily patient, despite the fact that you were credited as, I guess,
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being what's bad about America or something like that. Here you have somebody trying to
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actually undermine destroying America, destroying America. Here we have somebody who has spent the
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past couple of months trying to gain power by lying about how great the United States of America is,
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by lying about American democracy, by deciding she'd rather undermine American democracy and undermine
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the rule of law than actually risk losing a race. And you see why she's a Trump acolyte. You see why
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Donald Trump loves her because she loves Donald Trump and loves her own political power more than
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she loves America. And it's really sad. I actually, I pity her because I know people like her.
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They may win a couple of votes in the short run, but they will lose in the end.
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And it's just an absolute disgrace. And Arizona is ground zero. I'm wondering, Vaughn,
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that was all my commentary, none of yours. I'm wondering, Vaughn, do you talk? Because I served
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with a lot of Arizona Republicans when we took over the House of Representatives in 1994.
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Good, solid people. One of them, Matt Salmon, was running for governor himself.
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Good, solid, rock rib Reagan Republicans like we all were. And I'm just, talk about the battle
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between people like Matt Salmon, these public officials who, these county commissioners in
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Maricopa County who keep trying to tell the freaks and lunatics in their own party that they're lying
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to voters. Talk about the tension between these Main Street conservative Republicans and these
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Joe, you're absolutely right, because this, I will say over and over again, is a conservative state.
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It's historically been a conservative state. It is a conservative state. In 2018,
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Doug Ducey won his re-election by almost 17 percentage points. You mentioned former Congressman
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Matt Salmon, who was actually running in this governor's race. He dropped out just a couple
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weeks ago. Last night, he was campaigning for Karen Taylor Robeson, the opponent here to Carrie
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Lake, who has the endorsement of not only Pence, but also Ducey. You know, I sat down with Jan Brewer
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just over two weeks ago. And for anybody that remembers Jan-
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The audience gets a vote, and I guess you've reached your limit, because I'm getting blown
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it up right now. Matt Salmon, man, Matt, bad. It's not a smart decision. You see right there
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what they want. Here's what they want. They want controlled opposition. They want the country
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club Republicans that sit there and, you know, argue over some marginal tax cuts. They want their
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tax cuts. They want their deregulation. They won't fight for anything else. They're all for open
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borders. They're all for the working class and middle class to get crushed economically.
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What they want, and that's what Joe Scarborough was, it's the controlled opposition Republican
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Party. It's the Washington generals to the Democrats and progressives in the uniparties,
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Harlem Globetrotters, right? The Washington generals are just there to kind of have to be opposition,
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but never get close to really winning anything of importance. Let's go to Ben Berquam. Ben,
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the audience really loved that three-and-a-half, four-minute cold open we played for you
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by Joe Scarborough and the team at MSNBC. You were in the background of that shot last night. I mean,
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Carrie Lake was laying down. The guy just couldn't, you couldn't hear her. She's coming in full force.
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Yeah, you know, it was hard for me to stomach just sitting here. I wasn't watching it. I was listening
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to it, but I was there last night, and, you know, it's funny, right afterwards,
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Vaughn's here, and I told him last night, I was like, well, that's the fake news. I went back to
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our camera. This is really the, you know, it's interesting where they're talking about setting
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it up for fraud in 2022. They're still ignoring the fraud in 2020. I was here for the election
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2020. Nine days after the election, I was down in Maricopa County every single day reporting for
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you with Boris and all the other, the team down here, and it was clear that election was stolen. I mean,
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all you have to do is look at the vote by mail, the signature verification going from 3% to under
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1%. That stole the election. Take out the machines and everything else. They don't want to admit it.
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It's the same people that won't admit the theft of 2020 that are teeing up, trying to tee up.
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Ah, well, see, we told you so. You can't say anything about elections now for 2022. And I just,
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I love Carrie Lake. I mean, she just says it like it is. She doesn't pull any punches. And really,
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MSNBC needs a little bit of that. They've for too long have had the, just been able to, to really
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intimidate people into silence and to say what they want to say. And in fact, now they're basically
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endorsing rhino Republicans. I mean, that, that, if that tells you anything that Carrie Lake should
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be the choice, that's it right there. If MSNBC is, is, is, is supporting Republicans, you don't support
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those Republicans. Because, because they're supporting them because of controlled opposition real
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quickly, Ben, we got about a minute. Yeah. Tell us what's the intensity. I know you got down there
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going to point, we're going to have Carrie Lake with Ben in the second hour of the show. Tell us,
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tell us what's happening on game day. Yeah. Carrie's going to be joining me. I got to tell
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you, Steve, last night it was intense. This place was way beyond fire capacity limits. It was packed.
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Conservatives are fired up in Arizona. They're going to be showing up all day today. And we'll be with
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Carrie all night tonight, uh, following the, the outcome of the elections. Obviously we'll be watching all
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the other races closely as well. Arizona is the bellwether for the rest of the country.
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If MAGA wins in Arizona, MAGA wins across the country. Yeah, no, it's a, it's the railhead of
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the MAGA movement. Ben Burkwam, give us your, how do people follow you throughout the day, sir?
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You're going to be back to the next hour. How do they follow you throughout the day?
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Real America's voice, americasvoice.news. If you don't have the app, you are behind, get it on your
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phone and then you can follow me frontlineamerica.com or at Ben Burkwam on getter on all the social
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media. Okay. See you in a little while, Ben. Thanks. Thanks for the reporting. Yes, sir.
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Okay. Short commercial break. We're going to talk, we got Taiwan, we got geopolitics,
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we got capital markets, but I got to bring in brother Cortez when we come back. I can hear his
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teeth just, you know, he's had to, I forced him to sit through the whole thing. Short break.
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War Room Pandemic with Stephen K. Bannon. The epidemic is a demon and we cannot let this demon
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hide. War Room Pandemic. Here's your host, Stephen K. Bannon.
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Okay, Walmart canceled. Mike Lindell, but we did. MyPilla.com promo code War Room on today of all
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days. Lindell's going to be with us here at six o'clock. We're doing an entire one-hour special
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just on Arizona. How we got here, what happened that night, all about Fox News, calling it early,
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get into all of it, the demographics, the polling, all of it before the counting actually starts.
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Peter Navarro's going to be here at five, also going to be, have Ben Burkram and People Live.
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We're all over Arizona today, but the other races are very important. And by the way,
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I just wanted to do a pressure test. We just stress test. You know, Cortez, they have stress test
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in the financial system. We just gave a stress test to the War Room Posse. And with 60 seconds left,
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we had to wave off. They couldn't take any more. The stress was too much of too much MSNBC and morning,
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sanctimonious, airhead, morning Joe. By the way, MSNBC, when are you going to start calling it
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morning Mika? It's morning Mika. She carries the load. She's the star. Do you pay her as much as
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you pay Scarborough? Do you pay her more? It's morning Mika. It's outrageous. It's so massaged.
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It's morning Joe. Forget it. That guy, he's a load. She's carrying a heavy load every day. He's
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sitting there pontificating. Back in the old days, he talks about this all the time. I think he won
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two terms as a congressman before he had a certain issue down at his staff office and had to go spend
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more time with his family. But I think he's a congressman for like one term, right? And every time
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he harkens back, yeah, I remember when I was in the House. Go ahead, Steve. Hey, you know, it's an
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interesting point you make because as much as I can't stand her politics and her lies, Mika is a 10
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times better broadcaster, okay, than is Joe Scarborough. And I think that's obvious to anyone who looks at it
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with an objective eye. And speaking of being good at broadcasting, okay, there is no one better in
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this current crop of political candidates than Carrie Lake, somebody who was a major broadcaster,
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primetime broadcaster in one of the biggest metro areas of America for decades. And I think one of
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the reasons, Steve, that corporate media has such particular derision, one of the reasons they just
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cannot stand Carrie Lake is that they view her as an apostate. You know, much like I was talking about
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yesterday, the way they view people like Blake Masters and John Gibbs because they went to Stanford,
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because they worked in big tech. And the establishment folks assumed these are part of
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our, these are folks who are part of our club. When they defect and go to America first, in the case
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of Carrie Lake, when somebody who was at the highest levels of broadcasting, somebody who has incredible
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skill on air, on camera, when she to them defects and goes to the America first movement, when she
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becomes a patriotic populace, they literally can't take it. It makes their hair, but it makes them pull
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their hair out. And because of that, they attack those people with particular vitriol. And we
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certainly have seen that in this campaign season. Hopefully today, though, the people are going to
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offer their payback to those ruling class elites and tell them, you no longer control this country.
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This country has been sliding into oligarchy, but we are going to reverse that. We are going to
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recapture and reclaim our republic. And part of that is electing these incredibly credentialed,
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but also incredibly, incredibly principled, patriotic populace, people like Carrie Lake,
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John Gibbs, Blake Masters, and others who are running for office today.
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Now we've got, you got, you got Stanford grads, Harvard grads, you got Kobach running for AG,
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you got, you've got combat veterans, you have a African American who walked away with so credentialed,
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walked away from being potentially being CEO of Apple and Microsoft to go preach the word of the
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living Christ in Japan. You've got a sheriff up in, up in Washington, the breadth and scale of MAGA.
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So it's not, look, we got to win tonight. Don't get me wrong, but it's not just about tonight. It's
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about the direction of this movement. People are coming on. And I said, this is beyond Trump. You
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can't put all the pressure on president Trump. You can't, he can't carry the load for everybody.
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And what I love is this show, this audience, people have stepped up at school boards,
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the precinct committee, canvassing boards. It's, it's, it just absolutely amazing at the county
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level, people running in these, in the house, you know, in the state legislatures, all of it.
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And you see candidates running in Congress and there's primaries against the establishment. Look,
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why is MSNBC, Steve Cortez rooting, rooting for Karl Rove and Mitch McConnell at Missouri?
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Why are they rooting for the real estate and financial and banking elites in Arizona? Because
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that's what it is. Robeson, and look, they're lovely people. The, the, Mr. Robeson is a, is a very
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classy guy. Karen is good people. They're good people. It just, Hey, sometimes you get on the
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wrong side of an issue. Right. And they are classic kind of limited government Republicans. We're not in
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that era anymore. This is right. Arizona is more, it's beyond Trump. The MSNBC tries to, you know,
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it's always orange man bad. This is far beyond president Trump. And he knows that we can't.
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And the reason we're not giving it up is that we can't give it up. You see everything,
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it's the fruit of the poison tree, right? Correct. The poison tree being the big steel.
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Yes, sir. Go ahead. And Steve, what I wanted to say is I think there's a generational issue here
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because I think people who are basically my age and up who really remember the 1980s, they believe
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somehow that we're still in an era, a political era, like the 1980s, where we're arguing over
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really things at the margins. Okay. We're arguing over marginal tax rates, that sort of thing. And
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we had broad unanimity in this country on sort of foundational first things. You know, we all
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believe that the Soviet union, for example, at that time was the existential threat to the United
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States. We had broad agreement on the principles, the moral and ethical principles of Judeo-Christianity
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that underpin American society. We are no longer in that era. Okay. And we need to realize
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what time it is in America right now. We are facing down with literal Marxists on the other
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side of the aisle. This is, again, this is no longer a polite disagreement among people who
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share a broad consensus. That is not the reality of America in the 2020s. Unfortunately, a lot of
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people who claim to be Republicans, who claim even to be conservatives, have that old school mindset
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that is simply no longer applicable to today and to the problems of today and to the challenges
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we face. You know, as I said, I really believe, and I don't think I'm exaggerating here, America is
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sliding into oligarchy. In some respects, I think we're already there. If we don't arrest that dissent
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quickly, if we don't reverse it, if we don't reclaim this republic, it will very soon be too late. So these
00:23:05.900
candidates know what time it is in America, and they realize the immediacy. And that's why, by the way,
00:23:11.500
this America First Coalition is broadening. And you're so right that Donald Trump clearly was the
00:23:15.480
indispensable man, right? He was the key leader. He was the one who achieved the breakthrough of
00:23:20.440
winning a presidential election when nobody thought he could. And he remains the leader of the America
00:23:24.500
First movement. But the patriotic populist movement is broadening incredibly. And as evidence of that,
00:23:29.260
let me tell you something that just hit the wire now. And I want to give a hat tip to Ryan Gerduski,
00:23:33.300
who's often on this show. He's great at analyzing polling. And he points out that in New York State,
00:23:38.740
in one of the bluest states in America, in New York State, Hispanic approved, disapproved,
1.00
00:23:43.500
as this is a Siena poll, today of Joe Biden, only 39% approved, 57% disapproved. 57% disapproved
00:23:53.060
of Joe Biden among Hispanics in New York State. Steve, that is hard evidence that the broadening
00:23:59.760
of this coalition continues, and that the political opportunity is vast for our movement. If we stay
00:24:05.180
focused, and if we pray and work, those are the two things I want everyone to do continually,
00:24:09.280
especially on days like today. But if we pray and work, we are going to persevere. We're going to
00:24:15.380
achieve. We're going to save this republic. A big part of it is today.
00:24:20.640
God, I'm so grateful that a guy that was captured by the Jesuits at Georgetown
0.99
00:24:25.360
is given the motto of the Benedictines, work and pray. Come on, baby. Cortez, not bad.
00:24:32.520
Amen. Hold it. Before I get, it is about showing up today. It is about delivering today. It is about
00:24:42.760
in every level, whether it's a school board, a poll watcher, this is participatory populism
00:24:48.440
and inclusive nationalism. That's why things are expanding. People see that they can come in here
00:24:54.080
and they can have an impact right away. This is a newly formed political movement. You know,
00:24:58.660
we're making it up as we go along. Everybody will tell you that. That's why for the audience,
00:25:02.660
if you get involved now at the precinct strategy, if you sign up to be part of a, you know,
00:25:07.700
Moms for Liberty or Moms for America, all these parental rights groups and get involved at your
00:25:11.260
school board level. If you get involved at any level, particularly the precinct committee,
00:25:15.080
you don't need to be a donor. You can be an owner. Get involved. Right now, you have not just a vote,
00:25:21.840
you have a voice, Steve Cortez. You know, that's such an important point. By the way,
00:25:25.240
Politico, relevant to this discussion, Politico published an article, which I think
00:25:28.380
meant to be a hit piece, as often happens with these liberal hit pieces. I read it and said,
00:25:33.280
wow, that's great news. And the article is about how the RNC, an organization which people like us
00:25:37.700
have often been very skeptical about, but about how the RNC is actually partnering with a lot of
00:25:43.280
grassroots organizations and people who have great problems with the accuracy of the 2020 election.
00:25:48.740
And of course, again, they meant this to be a hit piece. Oh, how dare the RNC even talk to these
00:25:52.780
people? And when I read it, I said, wow, that's to your point, Steve, that is participatory
00:25:57.180
democracy. That is something that we should be encouraging all over this country to have eyes
00:26:01.660
on the process, because I think the election process is still very imperfect. But the more
00:26:05.520
eyes we have on it, the better chance we have of honest results. Cortez, to tell you how good a
00:26:10.720
reader you are, deep reads of these things. As soon as I saw that it hit at six o'clock in the morning,
00:26:16.080
I contacted my good friend and lawyer, Cleta Mitchell, who's the star of that piece. And I said,
00:26:20.940
hey, they meant this to be a hit piece. Actually, I think that signal to the donors,
00:26:24.940
why are they working with the unwashed masses? You ought to cut them off the money.
1.00
00:26:29.580
Cleta's on at 11. She's on here at 11 to go through that exact article. No, because the
00:26:34.620
article is absolutely correct. They meant it as a hit piece. It shows you that the grassroots,
00:26:39.860
the RNC realizes, hey, we've got tremendous power right here. But Politico wrote that so that the
00:26:45.700
country club, Wall Street Republicans are going, oh, my God, now the contagion is spreading.
00:26:51.740
We're going to have to call the caller and cut off. Go ahead, sir.
00:26:55.700
It's analogous to when Joseph in the Bible, in the Old Testament said to his brothers,
00:27:00.060
you meant it for evil, but God meant it for good. Similar analogy here politically,
00:27:04.320
and I'm not trying to say that it's a biblical issue, but similar analogy. It absolutely offends
00:27:09.380
Politico, but it reaffirms us and it encourages us that, yes, this is the path forward and that
00:27:15.200
this groundswell, this grassroots movement continues to gain power. No one can get complacent,
00:27:20.340
that's for sure. A lot of the polls for America First candidates look great today,
00:27:23.800
but we can't rely on polling. We know that. We have to put, as you say, the shoulder to the wheel.
00:27:28.240
We have to hustle. We have to pray and work. This is a day for action. It's a really important day.
00:27:32.800
It's not the only day. It's not all that's gained or lost today, but it's a really important day for
00:27:37.460
the movement because we have some fantastic candidates who are going to change the shape of
00:27:41.340
state capitals, going to change the shape of the United States House and the United States Senate,
00:27:44.780
and then pave the way for what we can do in 2024, which is elect a true America First president.
00:27:50.520
I believe it's going to be Donald Trump again, but whether it's Trump or somebody else,
00:27:53.840
we need to pave the way this time because that was not the case, unfortunately, in 2016.
00:27:58.080
Yeah. Okay. We'll take a short break. We're going to come back and talk some economics. By the way,
00:28:01.540
the state legislatures, this is the day Rusty Bower's career comes in. There's so much happening at
00:28:05.700
so many levels in these states. Okay. Back with Cortez Ben-Harwa in a second.
00:28:10.860
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...of the White House and CNN and the New York Times. They can prevaricate and engage in double
00:29:44.200
speak, pretending we're not in a recession. But the American people know better, and the numbers
00:29:48.220
say otherwise. Let's look at the data in a Chalk Talk brought to you by Getter. This is manufacturing
00:29:52.820
new orders. It is by definition forward-looking, very important data set. It just hit 49 and 48,
00:29:59.960
meaning below 50, contraction. That is a recession. Let's put this number in context. All-time high
00:30:05.660
was 71 back in 2003. Trump was elected with this number at 52. His economic program in the Trump boom
00:30:13.580
bought it all the way to 67. It then tanked into the lockdowns of 2020, not surprisingly. But then what
00:30:19.940
happened after that? Months later soared to another new record, the highest it had seen since 2003. A
00:30:27.080
great handoff to Joe Biden economically regarding manufacturing new orders. What did he do with
00:30:32.760
this inheritance? He squandered it. And right now, two months in a row in recessionary area for
00:30:39.340
manufacturing new orders. Joe Biden is crushing the American economy.
00:30:43.920
Okay. Cortez, walk us through that. The problem we have here is a real manufacturing and real economy
00:30:54.440
problem, not the happy talk they're talking about. And that's going to start coming through. And then
00:30:59.340
we got the China problem. So give us your analysis as you see it right now.
00:31:03.560
Right. And by the way, yeah, all of that is not even taking a look at all the risks from China,
0.95
00:31:08.060
which are immense. But just looking at the domestic economic situation here in the United States. And by the
00:31:12.580
way, I did a Chalk Talk today because last night I did a Getter live stream to preview today's
00:31:17.480
elections, got massive viewership. And one of the things I saw in a lot of the comments from folks
00:31:21.740
in the live stream was how much they love Chalk Talks and they want more. So I will try to increase
00:31:25.680
the pace of these. But what I wanted to show here is that this economy is faltering at every level.
00:31:31.740
And what I mean by that, yesterday, for example, we showed how badly small businesses do it. We know
00:31:35.860
that the consumer is more pessimistic than they have ever been in all of American history. And in a
00:31:41.260
survey that goes back to the 1950s. But manufacturing generally is large firms. There's not a lot of
00:31:47.120
tiny manufacturers. Unfortunately, we'd like to change that in America. But manufacturing,
00:31:51.060
which I was talking about in that Chalk Talk, that generally is medium size to large firms in the
00:31:55.860
United States. So at all levels, unfortunately, the American economy stumbles and particularly regarding
00:32:01.380
new orders, because new orders by definition is forward looking. And yeah, by the way, there we see it
00:32:07.160
in chart form what I was just talking about. That's going back one year. So this is the ISM
00:32:12.020
new orders index for manufacturing. It just came out yesterday. And if you look at that trend,
00:32:17.900
it is unfortunately demonstrably from the upper left to the lower right, like almost any economic
00:32:23.240
gauge that we look at for Joe Biden right now. So here's, I think, the important takeaway. You know,
00:32:27.700
yesterday we talked about Paul Krugman, who's really an economic fool, despite his Nobel Prize,
00:32:32.860
who went on CNN and tried to spin a lie that, number one, we're not in a recession. Number two,
00:32:37.160
if we are, it doesn't matter. And number three, all the people I talk to say things are just fine.
00:32:42.300
Now, I don't know who he is talking to, but the macro reality tells us otherwise. I think certainly
00:32:47.000
anyone of any common sense knows, even from the micro, from their conversations with people,
00:32:50.960
just how stressed and worried people are. And here's the even worse reality, Steve. When we look at
00:32:56.180
new orders, that tells us that we're not near the bottom. That tells us that things are going to get
00:33:00.820
worse. That this economy, the dissent is intensifying, unfortunately. So things are
00:33:06.600
not going to get better. And I hope that that doesn't just depress people, though, because I
00:33:09.720
don't say it to depress people. I say it to prepare them and to give the deplorables out there a sense
00:33:14.520
of urgency. That things are dire. Things are worsening. It's not my opinion. That is what the
00:33:19.800
economic trends tell us. You know, and again, though, we have agency. We can take action. We have an
00:33:25.800
ability, thankfully, with these elections to dramatically reverse this dissent of the American
00:33:31.500
economy and a dissent of America in many ways. But economically is where I'm focused right now.
00:33:36.220
And again, it's the cold reality, no matter what the mainstream media tries to spin as narrative,
00:33:42.680
no matter what the Dems say, no matter what the White House says, we are in a recession.
00:33:46.520
It is a deep recession. And it can get far worse if we don't start taking immediate policy action.
00:33:51.860
That's what I want to talk about, because I want to tie the action to what we're seeing
00:33:58.000
underneath it. Because in the last, you know, last week and within 24 hours, you had the $400
00:34:03.740
billion they tried to add to the burn pit legislation of Jon Stewart. And we support the Jon Stewart
00:34:09.480
burn pit part of it. But playing the games to put the, so $400 billion there, you had $300, what,
00:34:15.520
$50 billion on the, which only $50 billion went to the chips thing. You had another $250 or $300 billion
00:34:21.060
added of corporate giveaways. And then the real spending, besides all the nonsense talking about,
00:34:27.400
the real spending, they're talking about, I don't know, $600, $700 billion on the mini build back
00:34:34.540
better, right? The spending orgy. Right. That's roughly, pick your number, because the accounting's
00:34:40.440
so bad. It's $1.1 million to $1.3 trillion. Trillion. Because they understand they're getting
00:34:50.760
thrown out of office. And the Republican collaboration is kind of going along with
00:34:53.940
them. Right. This is an orgy. It is, you know, you have negligence, gross negligence,
00:35:00.280
and recklessness, standard of care. This is gross recklessness. These people don't care about
00:35:05.140
anything. So, Cortez, given policies you've seen, and quite frankly, the Fed thing's a love tap.
00:35:10.260
That's just a tap, 75 basis. It's a tap. Real interest rates. Brat and I did it a month ago.
00:35:16.060
Real interest rates should be 7.5% to choke this down. It's love taps. Given the policy you're
00:35:22.820
seeing, given the collapse you're seeing, and tying it to what's happening in China,
00:35:26.880
the real economy in China, give us, walk us through how you think this is headed right now.
00:35:31.720
Right. Well, no, listen, right now, the trajectory is for a recession so deep that it would borderline
00:35:38.700
be a depression. I think that is the reality right now. You know, as I've been saying for months,
00:35:42.080
I don't think it's debatable whether or not we're in a recession. I think the real debate is,
00:35:46.040
is it going to tip all the way into depression, which I think is absolutely possible. Now,
00:35:49.900
I think it's also preventable. Again, I'm not just being Dr. Doom here. I do think it's preventable.
00:35:54.300
And I think that these elections, you know, today is a big day in that effort to try to stop the
00:35:59.220
bleeding to apply a political and policy and economic tourniquet to the bleeding of America
00:36:04.260
that has been caused by Joe Biden. And you're right, by collaborationist Republicans. And let
00:36:08.440
me get specific on that point, because this is very relevant to elections today. Peter Meyer is the
00:36:13.520
incumbent so-called Republican representative from the third district in Michigan running against
00:36:18.120
John Gibbs. Peter Meyer voted for the atrocity, the mammoth behemoth $1.5 trillion omnibus package.
00:36:27.040
Okay. And he joined dozens of other House Republicans, unfortunately, who voted for that.
00:36:31.500
He voted for the $40 billion additional aid package to Ukraine that we didn't, money we did not have,
00:36:37.480
that we borrowed to send to escalate a war in which we don't have a U.S. national interest.
00:36:41.920
He is a collaborator. He owns part of the Biden inflation explosion. Mitch McConnell owns part of
00:36:47.840
it. I would argue Kevin McCarthy owns part of it as well, having voted for the Ukraine situation.
00:36:52.440
So here's the point. The minority has incredible power if they choose to harness it, particularly
0.97
00:36:58.100
in the Senate, where the minority is literally mathematically as big as it can be. The minority
00:37:02.480
is 50. If the minority is so emboldened, it can stop this madness. And I do believe,
00:37:09.460
thankfully, here's the good news. The terrible news is we've had way too many collaborators.
00:37:13.460
But the good news is, particularly looking at the Senate, I think this new crop of candidates who I
00:37:18.460
believe are going to win and going to be true America first senators, they are going to change
00:37:23.200
the complexion of the entire Senate. I'm talking about people like J.D. Vance and Blake Masters
00:37:27.160
and Adam Laxalt and Katie Britt. I think that this new class, many of them young, many of them
00:37:32.340
outsiders coming from outside of the world of politics, they are going to change the dynamics
00:37:36.100
of that entire chamber of that body because you don't need 51 senators. It would be great if we had
00:37:40.840
that many America first winners, but you don't need that many. You need to commit a group of five to 10.
00:37:45.640
They're going to join some of the folks like Hawley who are already there and already have guts
00:37:49.660
and brains. And when they join together, there's going to be an America first caucus that is going
00:37:53.900
to transform that body. And that is the beginning, at least, of healing this economic crisis that has
00:38:00.020
been inflicted upon America. And again, it's not my opinion that that's going on. It's the opinion,
00:38:05.040
number one, of millions and millions of American people. But number two, it's what the economic
00:38:09.600
numbers show us. OK, the data doesn't lie. The numbers don't lie. When we look at
00:38:15.340
new orders for manufacturing, it's an absolute freefall. It's in contractionary area of that
00:38:22.320
index. Again, it's a diffusion index meeting above 50 is expansion. Below 50 is contraction. We now
00:38:27.880
have, as of yesterday, two months in a row of contraction. So the future is foreboding. OK,
00:38:33.780
but I would also say this. But the power is yours. Deplorables, let's get out there and claim it.
00:38:38.420
I want to go to. Do I have Harnwell up? Ben, Tom Friedman, because part of this,
00:38:44.760
you've got to link it to the debacle in Ukraine of where we're pouring money into. And now the
00:38:49.300
Russians are blowing back. And, you know, with the this is not started, initiated or meaningful
1.00
00:38:55.680
what the debacle is about Russia and the Ukraine. But Russia and Ukraine certainly have an element
00:39:00.300
and exacerbating it. Tom Friedman, the single biggest cheerleader, wrote a column today
00:39:06.240
criticizing Nancy Pelosi, said it was irrational, radical, stupid about her going to Taiwan because
00:39:12.200
Friedman has been an apologist for the CCP from time immemorial. In fact, I'll tell you about
00:39:16.940
afterwards the the head of conference and I was Andrew R. Sorkin and Friedman. I was there with Eric
00:39:22.680
Schmidt to the Eric Schmidt of of Google debating the Chinese Communist Party. And Friedman ended up
00:39:30.400
agreeing with me at the end of it, going to full out war with them, which you had to. He's got a
00:39:36.520
column about Taiwan, but his pivot, he says the reason we got to do is not going to do Taiwan.
00:39:42.240
We got to focus on Ukraine because Russia is everything. We must take it down. And then he's
1.00
00:39:46.280
got the buried lead, which we have been telling this audience and Conservative Inc. and the Fox
00:39:52.640
News people from day one. Ben Harnwell, what did Tom Friedman say in his column, in his words, sir?
00:40:01.100
I'll go straight to the buried lead. Good morning, Steve. The timing could not be worse. Dear reader,
00:40:06.480
the Ukraine war is not over. And privately, U.S. officials are a lot more concerned about Ukraine's
00:40:13.700
leadership than they are letting on. There is a deep mistrust between the White House and Ukraine
00:40:20.980
President Vladimir Zelensky. Considerably more than has been reported. And the next paragraph gives
00:40:28.340
an indication of what that mistrust might be based on to do with the sackings of the head of their
00:40:34.240
intelligence agency and the firing of the Ukraine's prosecutor general, which, of course, we did cover
00:40:41.780
on the war room. But Friedman goes on and says that he's not seen any major media coverage of that.
00:40:50.340
He needs to be watching the war room. We explain everything, Steve.
00:40:53.380
Well, of course. So, Cortez, give me your assessment. You got Tom Friedman there, the biggest one,
00:40:59.360
the biggest guys with the pom poms out for Zelensky saying the quiet part out loud. The guy's a con artist.
00:41:05.780
The oligarchs around him are dirty. Biden's regime understand they got a massive problem. And,
00:41:12.500
you know, Jonathan Swan had that guy up at Davos and he's lecturing us, oh, people that don't support
00:41:18.380
us in the United States should read the memoirs of World War II. As I've said, I've forgotten more
00:41:22.000
about World War II, the knowledge of, than he ever, the actor ever knows. He should start reading the
00:41:26.620
best and the brightest about a guy named President Diem, okay? When democratic administrations are done
00:41:32.420
with you, they're done with you, right? Once they've used you, they move on, bro. So, don't
00:41:36.920
take it from me. Read the great David Halperstam. The guy's name's President Diem, right, in Vietnam.
00:41:44.260
Cortez, give me your assessment. Well, in his case, Diem, he ended up dead, right? Not just out of power,
00:41:49.620
but dead. Listen, here's, I think, the takeaway from this story, which is very important. You're
00:41:54.240
exactly right. This is the first salvo, I think, of the White House starting to turn on Zelensky,
00:41:58.700
because even this Biden White House, as corrupt and inept as they are, they are even realizing,
00:42:04.300
holy cow, we have bet a fortune on a horse that has totally corrupted himself, that is incompetent,
00:42:10.780
that is an egomaniac. That is the reality of who Zelensky is. And I know that's unpopular in a lot
00:42:15.220
of circles to say right now, but too bad. It's the truth. And even the Biden White House clearly is
00:42:20.520
waking up to that. This was clearly a planted story with their friend, with their stenographer,
00:42:25.480
Friedman, to start floating the idea that, hey, Zelensky shouldn't have a halo around his head,
00:42:30.620
okay? He is no saint. He is certainly no ally of the United States. He's an ally of Zelensky,
0.61
00:42:35.460
okay? And he's an ally of the oligarchs of Ukraine, because Ukraine has oligarchs who are every bit as
00:42:41.100
dirty as the oligarchs of Russia. And by the way, if those oligarchs, and if those terrible leaders,
00:42:46.000
and Zelensky and Putin are both terrible leaders, if they want to have a regional fight,
00:42:49.580
have at it, because it has nothing to do with the United States. If we would simply stay out of it,
00:42:54.440
it would be a regional battle. We can be involved from a diplomatic standpoint, sure,
00:42:58.300
from a humanitarian standpoint of trying to achieve peace. But if we would stay out of it
00:43:01.920
from a financial and strategic standpoint, that regional fight would be settled among the gangs.
00:43:07.260
And that's what it is. It's effectively a fight of gangs. You know who suffers the most, by the way,
00:43:10.820
are the people of Ukraine. Ukrainian people suffer the most from what Zelensky is doing,
00:43:17.180
Okay, short break. Harnwell, Cortez is going to stick with us. And then at the top of the hour,
00:43:25.520
we got Cleta Mitchell. We have Christine Caramo. We're going to get into voter fraud and what's
00:43:32.380
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Okay, mypillow.com. Promo code WARROOM. He got canceled at Walmart among big box, but he didn't
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get canceled in the war room. Mypillow.com. Promo code WARROOM. Sheets, 39 bucks. The classic
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maybe not sophisticated, biggest store in the world with a wide range of products. They ain't got
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mypillow. You can only get it here. Mypillow.com. Promo code WARROOM. Cortez, Nancy Pelosi. Looks like she
1.00
00:46:12.480
may have just landed, and she just landed in Taiwan. Did not get shot down out of the sky,
00:46:16.940
so we'll have to see how that story develops. Walk me through. So, by the way, he shut down all
00:46:22.520
the opposition TV stations. He shut down the opposition party. Not even the opposition TV
00:46:27.260
station. Anything that wasn't a government TV station, he shut down. Shut down the opposition
00:46:31.000
parties. This is the Democrat Zelensky. He, and then the article, Freeman says, hey, he fired,
00:46:37.700
essentially Merrick Garland and the head of the CIA on the same day. He's accused his ambassadors,
00:46:42.620
everything, of being spies. But he was on the cover of Vogue, giving the full blue steel,
00:46:49.020
Zoolander, going full Zoolander. And of course, even the people that love him thought he jumped
00:46:56.720
the shark. What say you, sir? Yes. Listen, the reality is that Zelensky is a lot more like Putin. He's a lot
00:47:03.360
more like an autocrat like Putin than a lot of Americans on the left want to believe, and even
00:47:07.860
some fools on the right, people who at least claim to be on the right who are in the Republican
00:47:11.880
establishment. You know, you're right. Imagine in the United States, if on the same day the
00:47:15.920
president fired the attorney general and the head of CIA, imagine the media storm that would be,
00:47:20.860
what an amazingly consequential story that would be. Even if it's warranted, it would be an absolute
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media firestorm. No such firestorm unfolded in Ukraine. Why? Because they have no free media,
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because he dispatched with it. That's the reality. Now, to connect this back to today and to U.S.
00:47:37.820
elections, what's going on in Ukraine, because Biden has chosen, Biden and NATO have chosen to
00:47:42.540
escalate that war, because they are funding both sides of that war and have turned it into an
00:47:46.300
international crisis rather than a regional one, it is exacerbating the existing, the pre-existing
00:47:51.420
inflation crisis that Biden caused here at home. That inflation right now is far and away the number
00:47:56.680
one issue on voters' minds who are going to the polls today. Not my opinion. That's what polling
00:48:00.680
tells us. And Steve, I'm stealing this from you because you actually posted it on your social
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media. But this is from Axios. They asked, most important issue. 74% said inflation, a very
00:48:11.220
important issue. 74%. 17 percentage points more than any other issue. Inflation is far and away the
00:48:19.780
number one issue that voters care about. And that very inflation is being exacerbated by our needless
00:48:25.960
intervention and escalation in this Ukraine crisis.
00:48:29.260
Don't bury the lead. Down there, 46% of American voters believe deficits. They never talk about
00:48:37.660
deficits. They never talk about only war room. 46%. The American people are awakening and they're
00:48:43.360
connecting deficits to inflation. 46% say it's their top issue. It's normally like 6% or 3%.
00:48:50.500
46%. We'll get to more of that later. Harnwell, Zelensky, the buried lead of Tom Freeman. By the
00:48:57.060
way, ladies and gentlemen, understand that's called a trial balloon or running it up the flagpole. They
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put it into a prominent, they leak it into a prominent columnist that goes throughout the globe.
00:49:06.280
And all of a sudden, the chattering classes start talking about it. Those in the know start talking
00:49:09.660
about it. They're going to see if anybody salutes. You're going to see a lot less. Zelensky's the
00:49:13.560
greatest in the days, in the weeks ahead. And I want to thank the war room contributors and
00:49:18.680
correspondents, particularly our own Ben Harnwell in Rome. Tell us about your other boy Draghi. He
1.00
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got the treatment today in CNBC. He did. A great puff piece for him, but it won't do him any good.
00:49:31.060
His reputation is in shreds. Let's not forget Steve, because these two things are, to use
00:49:36.620
a Bannonite phraseology, they are inextricably linked. The fall of the Draghi prime ministership
00:49:43.320
and the distancing that we are seeing now from Western governments. If I have time, perhaps a
00:49:53.000
little late in the second hour, I might come back and talk about what's going on in Germany, because
00:49:57.480
these things are all linked. So when Draghi resigned, the war room posse, you will remember, I said this,
00:50:05.320
the fall of this government, of this prime minister, is now the turning point. You are now going to see
00:50:11.240
governments distancing themselves from Draghi, from President Zelensky, because as much as they're in
00:50:18.760
on the grift, the thing that the politician absolutely has to put first and centre is their
00:50:25.540
re-electability. And what you call, Steve, the double shotgun of unaffordable food and unaffordable fuel
00:50:34.200
that are going to kick in in the autumn. These are like the little boy and fat man, they're going to
00:50:39.100
drop on Democrats' chances in November of maintaining the house. And that's the reality.
00:50:47.340
And that is why we see this kite being lifted in the Thomas Friedman column, because even as I said
00:50:55.660
yesterday, even an administration as socially autistic, as blind and deaf to reality as the Biden
0.65
00:51:02.620
administration realises the disaster and chaos it has caused and is now, in what months remain,
00:51:09.180
it's trying desperately to claw back a little bit of sympathy and comfort for the American people.
00:51:16.780
Because the American people, as Steve Cortez was just saying, they're not stupid. They know the
00:51:21.420
economic reality as much as the pom-pom cheerleaders are trying to create a fake reality in the media.
0.96
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I love sliding in the reference to the nuclear weapons we dropped to end World War II. Ben,
00:51:33.100
you're going to come back in the second hour. I definitely want to go through Germany. A lot
00:51:35.820
happening there. Cortez, what is your social media so people can get you? Are you going to be doing
00:51:40.220
live streams tonight on the election coverage? Not tonight. I will not be. But I am going to be
00:51:46.060
posting a lot on my social media. Please follow me on Getter. I'm at Steve. You can also check out
00:51:49.980
the chalk talk that we showed. And please share that around. If any of your friends try to fool
00:51:54.940
you, try to buy the mainstream media narrative that the economy is actually fine, show them the
00:51:59.340
numbers in that chalk talk. Find me at Steve. I'm also on Twitter at Cortez Steve, Cortez with an S.
00:52:05.580
Thank you. And Ben, we'll see you in the second hour. Ben Harnwell, Steve Cortez. We've got a lot
00:52:08.940
more to go in. International economics are going to affect your life, particularly in Germany. Next hour,
00:52:15.020
here's what we're going to do. People are on watch on The Big Steel. We've got Christine Caramo
00:52:20.620
from the state of Michigan and Cleta Mitchell. The Politico hit piece this morning actually was a
00:52:25.740
paid advertisement for the great Cleta Mitchell. Both of them join us after a short commercial break.
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Everything's just beginning for the games you want to play. Bring it on and now we'll fight to the end.
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Just watch and see. It's all started. Everything's begun. And you are over.
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