Episode 2133: Business In Europe Are Shutting Down, Energy Is Skyrocketing, The Bottom Is Falling Out And We Must Face Reality; The Growing Uniparty In Europe Has Created The Energy Crisis
Episode Stats
Words per Minute
174.68953
Summary
Candidate Caroline Levitt joins me on the show to talk about her campaign for the 1st Congressional District primary in New Hampshire, and why she's running for President in 2020. We also talk about the Coronavirus outbreak in China and the potential impact it could have on the global economy.
Transcript
00:00:00.060
Well, the virus has now killed more than 100 people in China, and new cases have been confirmed around the world.
00:00:06.000
You don't want to frighten the American public.
00:00:08.280
France and South Korea have also got evacuation plans.
00:00:14.100
Broadly warning Americans to avoid all non-essential travel to China.
00:00:18.340
That this is going to be a real serious problem.
00:00:20.340
France, Australia, Canada, the U.S., Singapore, Cambodia, Vietnam, the list goes on.
00:00:24.800
Health officials are investigating more than 100 possible cases in the U.S.
00:00:32.260
The epidemic is a demon, and we cannot let this demon hide.
00:00:35.700
Japan, where a bus driver contracted the virus.
00:00:38.880
Coronavirus has killed more than 100 people there and infected more than 4,500.
00:00:58.520
It's Tuesday, 6th, September, in the year of our Lord, 2022.
00:01:02.160
And by the way, for those audience members who think I'm a little snarky, I'm not snarky.
00:01:05.840
We're just trying to make the trains run on time.
00:01:10.060
I want to thank everybody in Denver, and of course, Rudy's team, everything, made it work.
00:01:19.820
You've got these postal service workers doing the 2,000 mules routine.
00:01:28.100
I want to thank the team up in Michigan that went through all that video and cut that.
00:01:34.880
Steve Cortez and Peter Novogamy in the afternoon show.
00:01:38.800
We've got Ed Dowd coming up in a moment about there's a lot going on in global capital markets,
00:01:44.100
and particularly in Europe and in China, that does not portend well for the United States.
00:01:49.060
I want to go to New Hampshire, the Granite State.
00:01:52.940
Caroline Levitt, tell me, what have you done, ma'am?
00:01:59.240
I think you did the very first interview, and you kicked off your campaign because you had
00:02:02.880
worked in the White House for Kaylee, and you had worked for Lee Stefanik, and you were
00:02:07.160
one of these young, hard chargers coming out, running for Congress.
00:02:10.360
What have you done that people have taken, is it $2.4 million in ads and putting on top
00:02:18.180
of your head because you're running a grassroots campaign and basically have drawn even in
00:02:28.640
We've completely blown up the establishment's plan for this race, for my home district,
00:02:38.040
Matt Mowers, who is my opponent, Kevin McCarthy and the establishment promised him if he ran,
00:02:46.820
This guy already lost to our Democrat incumbent, Chris Pappas, and we deserve better.
00:02:51.540
We don't deserve someone who came here to our state to run Chris Christie's campaign.
00:02:56.220
We deserve a true, homegrown, grassroots, conservative fighter, and that's what I am.
00:03:01.180
So I launched this campaign last week, or last year, as you know, Steve, when everyone
00:03:05.980
was telling me to sit down and shut up, but we have since raised more than $2 million from
00:03:10.880
grassroots patriots across this country, and we are now in a dead heat tide.
00:03:15.660
So they hit the red emergency button, and this past week, they've spent nearly $4 million
00:03:20.860
in ads boosting my establishment hand-pick opponent, Matt Mowers, and slandering me.
00:03:26.420
They are viciously smearing me and my family because they have nothing legitimate to talk about.
00:03:31.980
As my friend Matt Gaetz said, these are the type of ads they run when the opposition research
00:03:42.760
Voters know when they're attacking you, it's because you're over the target and you're winning.
00:03:48.740
I'm looking forward to it and to proving to voters that I'm the outsider, that New Hampshire
00:03:53.600
We're going to win this race one week from today on the 13th of September and smash expectations,
00:03:58.820
take back the House, and put the people first once and for all.
00:04:05.420
What's the difference between you and your opponent, the key differences, do you think?
00:04:09.640
Well, as this polling has proven, this is a two-horse race.
00:04:12.920
You have the establishment's hand-pick, Matt Mowers.
00:04:15.340
He's a former political operative for Chris Christie.
00:04:17.740
He's the former chief of staff to Dr. Deborah Birx, the evil woman who worked with Fauci to
00:04:23.660
force us all into lockdown, who lied to President Trump and admitted in her book she manipulated
00:04:28.740
COVID-19 data, and now he's the establishment's hand-made.
00:04:34.800
When he takes a vote, he's going to have to run to Kevin McCarthy and ask him, how should
00:04:42.080
I'm going to take good votes for the people of this state.
00:04:45.020
And I've taken various positions throughout this campaign that were in opposition to Republican
00:04:49.660
leadership, and that's why they're attacking me.
00:04:51.940
The $40 billion we stole from taxpayers and sloshed over to Ukraine, I said I wouldn't
00:05:07.520
I'm fighting for my family, my friends, everyone in this district whom I love.
00:05:11.480
We call my friends and family in this community.
00:05:18.920
They know that, and that's why we're going to prevail no matter how much money the establishment
00:05:24.540
For the people, the Granite Staters and others throughout the country, how did they get to
00:05:28.540
your website to find out more about this and to see a pregame on you before the debate
00:05:37.460
As we said, you know, the establishment's dumping money.
00:05:50.000
You can find me on Getter, Truth Social, Instagram, Facebook, Twitter.
00:05:58.000
And if you're in New Hampshire in the 1st District, I ask for your vote on the 13th of
00:06:13.360
Richard, you see right there the epitome of kind of the MAGA, upbeat, positive.
00:06:21.600
You and Trafalgar have done some incredible polling over the last couple of days.
00:06:24.780
I want to tell people, don't get these suppression polls done by these college groups, etc.
00:06:33.660
I want you to, you have an exclusive up on RealClearPolitics, and if we can put it up,
00:06:41.220
Richard Barris, walk us through what your research shows you and where we stand as we
00:06:49.800
Yeah, it was time to respond to some of these, you know, I mean, we hear the same story every
00:06:58.740
And it was time to respond to these, you know, left-wing forecasters and so-called modelers
00:07:04.100
who basically are making arguments like Republicans are losing steam.
00:07:08.960
You know, Trump's a bad actor in the Republican primaries, and now he's going to drag them
00:07:16.480
You know, and basically I just responded to, you know, the one that they all refer to or
00:07:23.900
I mean, he used Alaska, Minnesota, and New York to make the case, you know, I can go
00:07:29.280
through them one by one, but in all three cases, I flatly outright reject, you know,
00:07:35.980
And in the last poll we did, which, which by the way, speaking of losing steam and pointing
00:07:41.000
to the polls, Steve, according to who, which pollsters, did they correct their democratic
00:07:45.420
bias over the last three cycles and I somehow missed it?
00:07:49.040
I mean, I don't know why we expect anything other than a democratic bias every election,
00:07:57.000
So I tend to just care about what my own data says.
00:07:59.900
Well, have they overblown because they kept Trump out of this, this New York primary, right?
00:08:05.980
They kept Trump out of this, or next, excuse me, special election.
00:08:09.360
And the thing that the Republicans won 65, 35, essentially in Alaska.
00:08:14.480
It's just Murkowski and the, and the sores back people have got this system, which we've
00:08:19.960
I think it's in Maine and Alaska where essentially it takes out the MAGA candidates and gets moderates
00:08:26.320
Those are two things that are not relevant to what's happening right now.
00:08:34.180
The case in Alaska is disgustingly dishonest when you're reading, you know, cook Politico and
00:08:39.880
This was the first election where Alaska implemented rank choice voting, which was pushed by a
00:08:45.160
coalition of Democrats who are always in the minority and a moderate establishment status
00:08:50.480
quo rhinos like Lisa Murkowski, who, you know, knew she faced certain defeat in a primary
00:09:03.200
And basically, because of it, you know, 60 plus percent of voters will be represented
00:09:08.880
by somebody in an at-large district they would never have voted for otherwise.
00:09:12.820
So the two primary vote party share was actually very impressive for Republicans.
00:09:22.100
In New York, what I am seeing, what I see that has raised my eyebrow is that in races where
00:09:28.280
Trump is not involved, Republicans have had a problem ginning up turnout to the levels
00:09:33.920
because of working class voters, to levels that we did see.
00:09:37.140
They also always omit Wisconsin, you know, since the raid, right, which they always use
00:09:44.380
Since the raid, you know, they have to ignore Wyoming, Wisconsin, right, in order to make
00:09:54.840
Wyoming is typically 100,000 votes, if you're lucky.
00:10:01.120
In Wisconsin, in 2018, Democrats were 53 percent of the primary vote share.
00:10:10.120
So from 18 to 22, it completely flipped and turnout rose more than 20 percent in the Republican
00:10:16.760
Where Trump is involved in Trumpism, right, like it's a fight between MAGA and Old Guard,
00:10:21.580
we see enormous rise in turnout, where there's not in New York 19, which, by the way, Mike
00:10:27.380
Molinaro was a victim of the expectations game, a victim of overblown, you know, narrative
00:10:34.800
He still moved that district, Steve, 11 points.
00:10:38.420
And what I'm seeing Nate Silver and others do, I saw from Republicans in 2017, Karen Handel
00:10:46.460
She held on by about five points against John Ossoff.
00:10:49.040
And Republicans were elated that she won that special election.
00:10:52.840
But back then, I was telling them, it's not whether or not she held on.
00:10:58.840
And in that case, it was a warning sign for Republicans.
00:11:05.320
Where do you think we stand right now, we're in the last 60-some days, early voting starts
00:11:10.940
in October, we're, what, 35 days away from early voting, in place that the Commonwealth
00:11:14.880
is overall, because they had the Cook Report woman who's so fantastic there on PBS over the
00:11:21.380
weekend saying, we've never seen a president ever get involved in this.
00:11:24.900
The reason is that he is the leader of the MAGA movement, and MAGA is the muscle, is in back
00:11:32.100
We need the young, what Youngkin was, was a overturn, an overturn out of the MAGA folks
00:11:43.240
But Trump is clearly, and your analysis shows, it's a net, not just positive factor, turbo
00:11:57.120
Yeah, this is a no-brainer, Steve, a no-brainer.
00:12:00.520
And in Minnesota, which was the last of their example, he wasn't there.
00:12:04.520
And they kept comparing his margin in Minnesota 1 to, you know, Brad Finstad's margin.
00:12:10.280
He won it by about four points, just under four points.
00:12:14.800
But of course, he's Donald Trump, and Donald Trump was not involved with that.
00:12:21.000
We went through the margins in that district over the last, you know, four cycles or so,
00:12:26.800
going back all the way, actually more, going back to the last time Republicans had a first-term
00:12:33.820
So, you know, looking at that alone, you know, it's like they keep using these apples to oranges
00:12:38.500
comparison when it fits their narrative, when it, you know, their cherry-picking example.
00:12:42.640
And when you're looking at elections like this and trying to forecast, you want to take
00:12:47.840
You do, Steve, but you try to be as apples to apples as possible.
00:12:51.640
And that, in that case, you're comparing congressional vote share to congressional vote share, not
00:12:57.920
And they're doing this because they want to cherry-pick and they want Trump out of these
00:13:02.660
They do not want him to do what he did in 18, which was save the Senate majority.
00:13:09.940
Basically, also, you and Trafalgar are saying the same thing, I think.
00:13:16.280
The total bill for the bailout of the woke graduate students is $1 trillion.
00:13:23.680
Trafalgar, and I think you're saying they've never seen one issue that has electrified and upset
00:13:30.680
Can you affirm that the issue set is on our side, too, with inflation, the implosion of
00:13:35.340
the economy, invasion of the southern border, and this bailout of the woke graduate student
00:13:42.140
Yeah, of the top three issues, you know, not just nationally, but, you know, in states and
00:13:50.120
Well, really, cost-of-living inflation, economy, and then, you know, you have immigration and
00:13:56.300
Basically, now there is some abortion vote that rose, but those are post-grad, college
00:14:00.300
graduate voters who are just changing their minds on what they think is the most important
00:14:04.440
Out of those, you know, three to four, Republicans dominate on trust to handle that.
00:14:08.900
Now we have this student loan forgiveness issue coming in.
00:14:11.860
That may be, you know, we were speculating over the weekend and was talking to you about the
00:14:17.900
That, very well, because we're taking now a look at deeper into southeastern Pennsylvania,
00:14:23.700
that is the working class pissed off when you look at Biden's negatives.
00:14:27.640
That's the working class furious over the student loan forgiveness move.
00:14:36.900
peoplespundit.locals.com, and they can check out that poll on CD Media if they want.
00:14:46.480
In fact, L. Todd Woods is going to join us launching a new paper, Ed Dowd from Hawaii,
00:14:51.680
about the coming financial collapse, all next in the war room.
00:15:01.320
When your nation's supposed authority on economic policy completely misses the flashing red lights
00:15:08.160
of impending inflation, now Treasury Secretary Janet Yellen has finally admitted,
00:15:13.200
quote, there's been an unanticipated and large shocks to the economy that have boosted energy and food prices
00:15:19.280
and supply bottlenecks that affected our economy badly that I didn't, at the time, fully understand, end quote.
00:15:28.600
You know who understands the real threat of inflation?
00:15:30.940
People who invested in gold and silver with Birch Gold Group.
00:15:35.860
They're protecting their savings from a highly turbulent economy by diversifying their 401K or IRA into gold, physical gold.
00:15:54.280
And get a free info kit on diversifying and protecting your savings with precious metals.
00:16:00.600
With an A-plus rating from the Better Business Bureau, countless five-star reviews, and thousands of satisfied customers,
00:16:14.080
Again, text Bannon to 989898 to claim your free, no-obligation information kit on protecting your savings with gold.
00:16:28.900
The epidemic is a demon, and we cannot let this demon hide.
00:16:40.280
MyPillow.com, promo code WARROOM, the percale sheets.
00:16:48.880
If you want a great night's sleep and you need a great night's sleep,
00:16:51.280
if you're in the War Room or part of the posse, those are the sheets that you want.
00:16:58.760
Mike's going to join us here in a moment and talk about how many counties we actually got the data from
00:17:03.420
before they had to shut down, before they stopped it all on Friday the 3rd.
00:17:11.560
Also, TPUSA, that's Turning Point USA, they have a conference, the 16th to the 18th.
00:17:21.360
I'm one of the keynote speakers that kicks it all off.
00:17:23.500
In fact, we're going to be doing some of the programming from that conference,
00:17:27.140
another big conference you're going to want to go to.
00:17:28.880
And what I love about this, they kind of target the younger people, people under 35,
00:17:33.420
to get them up to speed on all the big issues in the world.
00:17:37.600
So TPUSA.com, go check it out right now about ticket availability.
00:17:44.600
By the way, so CD Media has sponsored some of these great polls over the last week.
00:17:50.560
But you're launching papers all over the place.
00:17:52.980
Talk about the paper that you just launched today in a day where the mayor of New York
00:17:57.380
has had people in a public housing project down the Lower East Side drinking tap water with arsenic in it,
00:18:04.840
and his staff didn't even tell him for a couple of days.
00:18:08.160
You know, it doesn't seem like the Newer Times is on this.
00:18:14.360
Look, literally, you've seen an industry in the corporate media that has destroyed its customer base intentionally
00:18:19.820
in a very short period of time across the world.
00:18:26.120
So we're growing as fast as possible to try to take advantage of it.
00:18:29.880
The Manhattan.press is our new paper in New York City.
00:18:35.320
We're going to do a lot of investigative journalism.
00:18:46.180
You know, we're known for telling the truth at CD Media.
00:18:48.460
No matter where it lands, if it lands on the GOP, fine.
00:18:52.260
But there's a lot of truth that Manhattan's nights are not getting on the vaccines, etc.
00:18:57.960
So talk to people about how they get to all, because you've got a whole network of papers.
00:19:05.300
You know, you and Michael Patrick Leahy's got a group out there putting out papers that we're a partner with.
00:19:17.920
We have, you know, reporters all over the world.
00:19:20.340
We started in Eastern Europe, and we've moved into the U.S.
00:19:37.860
Another special project we have coming is Armed Forces.Press.
00:19:41.920
The military media is completely corrupt and bought by the other side.
00:19:45.500
And we're going to provide real news for the American soldier, airmen, and Marines.
00:19:50.920
And that's something we're very, very excited about.
00:19:58.580
Jackie, tell us about this new venture, because New York City needs us.
00:20:04.160
But tell me what the angle of attack of the coverage is going to be.
00:20:09.640
The angle of attack is we are attacking the leftist narrative that's really destroying
00:20:16.280
Seventy-four percent of New York City residents say that crime is the biggest issue, and 64
00:20:30.360
And so we are going to put forward the truth and put forward the solution.
00:20:34.400
Like, for instance, today on this, the mayor, you see the mayor out every night at these
00:20:41.340
private clubs partying, and the media is playing it up like it's supposed to be cute.
00:20:47.260
And you have a public housing project in the Lower East Side that looks like it's had arsenic.
00:20:52.700
They've known about it having arsenic for two weeks.
00:20:56.300
His staff, his direct staff, has known about it for 48 hours before they even informed me.
00:21:00.960
And he says, yeah, I'm going to check into that.
00:21:07.340
Is this the type of thing you're going to cover?
00:21:25.720
People are not engaged to get to the polls because they are being lied to.
00:21:45.680
You can follow me on Instagram at Jacqueline for NYC.
00:21:57.000
And by the way, Todd, thank you for all the effort.
00:21:59.360
People don't realize Todd's putting a huge effort in backing all these polls that you got to get the truth out there.
00:22:04.240
So, Todd, thank you very much for the effort you're doing there.
00:22:07.320
Okay, I want to bring in Ed Dowd now from Hawaii.
00:22:12.120
Ed, a former portfolio manager over at BlackRock, one of the smartest guys I know.
00:22:16.520
Ed, I've seen some of your interviews over the last week.
00:22:19.180
You've got a pretty dire forecast where you think the global economy is going.
00:22:22.800
I want to turn it over to you and walk us through.
00:22:24.940
Ed Dowd's predicting a collapse in the next, I don't know, six to 18 months, I think the range is.
00:22:33.120
Bottom line, the global debt crisis is unfolding for our eyes.
00:22:43.940
You always see what's going on in Europe with the energy prices.
00:22:47.300
And the tell for me is the dollar, the DXY, the basket against all the other currencies.
00:22:55.440
If you want to put up that chart, it's a chart that goes back to 68.
00:22:58.500
And you can see the dollar has been going straight up since January of 2021.
00:23:12.500
But describe what this, because we've got a podcast on it too.
00:23:20.080
The chart is the dollar index versus all other currencies.
00:23:27.780
This is what a lot of Wall Street focuses on when we are looking at different asset classes.
00:23:34.760
And the dollar started its monumental rate of change rise in January of 2021.
00:23:42.500
And what's interesting about this dollar cycle and this rate hike cycle are a couple of months.
00:23:46.740
First, this is the first dollar advance that's concurrently happened with commodities.
00:23:52.780
That's never happened before, ever since we went on the petrodollar.
00:23:56.140
Typically speaking, commodity cycles and inflation go up when the dollar goes down.
00:24:06.300
And what that says to me is that even though there's a monetary phenomenon in inflation always, the policies of the Biden administration and the European Central Union are so disastrous that we're seeing this at the same time.
00:24:23.180
Number two, in this Fed rate hike cycle, we're seeing something that typically augurs the end of the rate hike cycle.
00:24:31.480
It's the three-month T-bill going above the discount rate of the Fed window.
00:24:35.320
And that happened in February of this year before the first rate hike cycle.
00:24:43.640
It usually augurs the end, but the Fed continues to ignore this signal, which typically they respond to the market and go the other way.
00:24:50.940
So they're raising into the face of what we know is a real economic decline.
00:24:57.980
And third, this is technical mumbo jumbo, but it's important nonetheless.
00:25:02.240
This is the longest seasonal cycle advance in the history of the dollar without any kind of pullback.
00:25:08.680
So the dollar is uncharacteristically strong, hitting new highs today.
00:25:13.860
And the dollar for me has become an indicator of global credit.
00:25:19.100
When the dollar goes up a lot and fast, it's an indicator that global credit is tightening.
00:25:24.660
And that's because ever since the dot-com bubble, and you've referenced this too, Steve, our biggest export has been U.S. dollars.
00:25:34.420
And the global economy has decided to issue debt in dollar-denominated debt.
00:25:39.920
There's about $15 trillion of this stuff floating around out there.
00:25:43.780
And the dollar rising is crushing then, indicative of a default and a scramble for dollars to meet margin calls.
00:25:55.880
We have a huge story from Bloomberg up on my Getter account about this huge margin calls now in the energy sector, in the derivatives and the futures market.
00:26:05.900
And they're calling for, Norwegian companies are calling for a $1.5 trillion emergency bailout.
00:26:14.180
Or they say these margin calls are going to put these companies out of business.
00:26:26.640
I mean, hedge funds have been decimated this year.
00:26:30.700
A lot of them are nothing more than trend followers, leverage long.
00:26:34.280
So there's been devastation in a lot of the high-tech hedge fund world.
00:26:42.640
And again, this is a headline we're seeing right now.
00:26:45.920
All you need to know is the dollar going up is causing margin calls that we may not be seeing.
00:26:50.760
But the dollar is telling you margin calls are continuing and will continue.
00:26:55.220
This confuses a lot of people in the gold bugs and the crypto people.
00:27:05.060
And at the end of this, that's when we, you know, sometime in the next.
00:27:11.840
But that's just because the other fiat currencies, if you look at versus raw land or other commodities,
00:27:18.620
particularly food now and the inflation, it's really against because these other fiat currencies are so awful.
00:27:27.900
Even if it starts failing up, the midget just gets a little taller as the other guys shrink.
00:27:36.740
But in the financial world, this is where the money is flowing at the moment.
00:27:41.040
It's flowing to the dollar because, because there is a scramble to meet margin calls and there are defaults.
00:27:48.960
And every time somebody's defaults, that extra thing, yes.
00:27:56.640
The top, I think, Marxist economists gave a brilliant analysis of the junk credits.
00:28:02.040
The underlying economy and really driving cash flow to support all this is collapsing.
00:28:07.180
And that's what the happy talk business media doesn't want to talk about.
00:28:24.260
Millions of Americans are waking up to a country they don't recognize.
00:28:28.160
And while they struggle to raise their families and pay the bills,
00:28:30.600
the media and corporations are telling them they're what's wrong with the country.
00:28:34.480
Well, thankfully, there are a few companies that still believe in America and our Constitution.
00:28:39.580
Patriot Mobile, America's only Christian conservative cell phone company,
00:28:44.540
is on the front lines fighting for the sanctity of life, religious freedom, and the Second Amendment.
00:28:50.020
This is why Patriot Mobile is different from every other provider out there.
00:28:53.760
Inflation has made it really hard on many Americans.
00:28:56.700
Thankfully, Patriot Mobile has plans for almost any budget.
00:29:00.480
They offer the same nationwide coverage as the major carriers.
00:29:04.700
They offer the same nationwide coverage as the major carriers.
00:29:08.360
Get the same great service plus the knowledge that your money is supporting the values
00:29:13.380
that made America great and will make her great again.
00:29:27.620
Use the offer code BANNON to get free activation.
00:29:31.400
Special discounts are available for veterans and first responders.
00:29:54.400
The epidemic is a demon and we cannot let this demon hide.
00:30:06.860
I want to make sure everybody goes to birchgold.com forward slash Bannon.
00:30:14.120
It's the second installment of my end of the dollar empire.
00:30:17.220
And this deals specifically with some of the aspects Ed Dowd's talking about today.
00:30:20.320
And that is the end of the dollar as the prime reserve currency.
00:30:24.900
There's probably no thing outside of transhumanism, aspects of transhumanism, have a bigger impact in your life if we lose our prime reserve currency status.
00:30:36.900
And with the radical members of the Biden administration, the incompetence of the treasury, and quite frankly, a federal reserve that's out of control, as Ed Dowd has documented, we're on that path.
00:30:52.500
If every time we talk about math, something like that, you get sweaty palms, this is for you.
00:30:57.740
This is very important, not just for your personal life, but also for you understanding how your community runs and also your politics.
00:31:04.500
We are shifting back to the 19th century in that we're going to get back into the politics of money.
00:31:10.720
The populist movement and you in the audience have to understand what the Federal Reserve has been doing, have to understand what your government's doing to basically seize assets for the wealthy, because that's what it's been, and also to do rolling devaluations on you, the citizens of this country.
00:31:29.700
You get my first one, which was the beginning, the politics of money.
00:31:32.800
And then part two, the fall of the prime reserve, the dollars, the prime reserve currency.
00:31:37.440
And we're going to have, I think, five or six in this series.
00:31:45.200
And you're quite negative because you're a capital markets guy about where this is heading.
00:31:54.560
It's an index of shipping prices of raw commodities across the globe.
00:32:04.220
So it's an index of shipping prices to ship commodities across the globe.
00:32:11.220
By the way, for folks that know when you're in a boardroom, this is inside baseball.
00:32:14.940
This is what CEOs and chairman, when a guy walks through, hey, here's the economy, not what Jim Cramer is pitching on CNBC.
00:32:22.160
So Baltic Dry Index, walk us through what it shows you, sir.
00:32:25.580
Bottom line, what it's showing me is it hit a low in February.
00:32:32.260
It just took out the low from February on August 19th, which is a structural problem technically.
00:32:39.180
So this is going to continue to careen lower in our estimation because, quite frankly, the real economy is imploding.
00:32:45.040
We've got Europe closing down, literally closing down.
00:32:48.260
I'm hearing reports of small businesses can't afford to get the lights on, literally.
00:32:56.540
This is happening, and the effect on consumer discretionary spending in Europe will be devastating.
00:33:02.940
Basically, corporate earnings in the U.S. are about to explode.
00:33:06.820
And the stock market had a nice little rally this summer, peaked out August 16th, and structurally it took out its August 2nd trading cycle low.
00:33:15.580
And we're probably going to take out the June low and go a lot lower into the fall.
00:33:19.640
This is looking like a disaster of epic proportions.
00:33:23.560
And the real economy is bleeding, and the video game known as the stock market is about to follow pretty hard and pretty fast, in my humble opinion.
00:33:30.980
Okay, this is what we're saying, is that these are all interconnected, but there is don't believe the happy talk.
00:33:38.260
You've got to look at this reality, and that's what Cortez and Navarro are going to be back on today.
00:33:42.080
Price is the last refuge of a scoundrel when it comes to this stagflation and recessions.
00:33:48.640
If somebody comes in with price controls, that's what Europe's doing now.
00:33:56.000
You're working on a book, but I want to know how they get to you on Getter and how they get to your new website.
00:34:09.600
Basically, this is the information you can use to take action and shut down the vaccine mandate.
00:34:16.060
And then my new book, coming out November 8th, Cause Unknown, The Epidemic of Sudden Death in 2021 and 2022.
00:34:26.320
It's going to be, I think, an eye-opener and hopefully changes a marginal mind.
00:34:43.000
Okay, today you had a wet, as we call it, an anti-Brexit person that now fakes it as a Brexit person, become Prime Minister Peter, Heart of Oaks.
00:34:53.540
But they're stepping into the middle of a firestorm.
00:34:57.440
And I'm predicting the end of the Tory party as we know it in about six months.
00:35:06.860
She's stepping into, this is Liz Truss, who's just come back as Prime Minister after visiting the Queen up in Scotland because the Queen is immobile.
00:35:16.720
Liz Truss is back and going to give a statement outside Number 10 Downing Street as we speak.
00:35:24.740
But, again, we don't know really what she is about.
00:35:27.980
But she goes into massive government debt, cost of living crisis out of control.
00:35:35.300
Her way of solving this is to cap our energy spending at £2,500 a year.
00:35:46.400
And they're talking about that cap would cost us £100 billion.
00:35:49.060
Simply that one procedure, that one process, that one policy.
00:35:53.960
So it's really scary whenever you have a conservative government and their way out of it is to tax and spend.
00:36:00.400
And, therefore, what is the difference between a conservative government on the right and Labour on the left?
00:36:08.500
The reason we're focused on the UK is an example for our audience of what could happen here about establishment political leaders.
00:36:21.240
I mean, Boris Johnson today in leaving, and we'll have it cut for the afternoon, compares himself to Cincinnatus, the great general in the Roman Republic that retired and then came back from his plow to save the nation.
00:36:35.020
And they bragged about they're going to be totally on wind power by 2030 or 50%.
00:36:42.260
It's that type of immature fantasies that has the UK in this jam.
00:37:02.020
And they talked about building a nuclear power station every...
00:37:15.980
We have, I think, a spare capacity of about 1.5%.
00:37:19.860
So if everyone turns on their kettles in the evening, the lights go out.
00:37:25.480
And Boris, his recommendation for fixing our energy crisis was go and buy a new efficient kettle.
00:37:32.140
See, that was his way of fixing the massive hole that we are in.
00:37:36.300
And on top of that, national identity, we have no patriotism left.
00:37:41.260
The Conservative Party used to be the party that would hold up Britishness as an example to the world, as something to be proud of and achievement.
00:37:50.400
And we are not teaching our children what national identity is all about.
00:37:56.520
We had 2,000 came over in boats over the weekend.
00:38:02.940
And we are so far up to, I think, 23,000, 24,000 coming over in boats this year.
00:38:08.080
And every year, that is going up by around 60% on the last year.
00:38:15.940
We have no infrastructure to cope with them, with schools, with hospitals.
00:38:20.400
And you scratch your head and you think, it has to be thinking outside the box.
00:38:24.840
And the Conservative Party have not demonstrated that.
00:38:30.000
When she came, there was no one that I talked to who was excited about this appointment.
00:38:40.320
Your energy is going to go up four or five times by next spring.
00:38:49.780
We're going to have to get to those this afternoon or tomorrow morning.
00:38:52.480
I want to ask you, given your knowledge, Boris Johnson squandered.
00:38:56.120
Nigel Farage delivered Brexit and delivered a unified country and 100-seat majority to really make Britain great again and bring manufacturing back.
00:39:05.720
And Boris Johnson immediately went to the Singapore and the Thames model that all the loveys in the Oxford-Cambridge crowd just love.
00:39:14.160
I have never seen a country, this is actually where America is going to go with these policies.
00:39:20.520
These policies have actually accelerated, not a managed decline, but the bottom is about to fall out of the UK.
00:39:29.120
And she's wandering around talking about, I'm going to be Thatcher with tax cuts.
00:39:34.720
Yeah, I think that the back of the Boris's government was broken by two self-inflicted wounds.
00:39:45.240
One of them is COVID, the government's response to COVID.
00:39:48.240
And the other one is the government's response to Putin's invasion of Ukraine.
00:39:53.440
Both of them were pretty disastrous to the UK economy and suicidal rather than stabs in the back or murders on the Orient Express.
00:40:05.920
This is akin to stabbing yourself in the eye with a blunt spoon.
00:40:10.140
What I think, however, with this is I think, I have to say, once I call most politicians sociopathic overlords,
00:40:17.760
and I consider them to be sociopathic really because they are unable to predict the second, third, fourth order consequences of their actions.
00:40:30.720
I actually happen to think, I know you don't agree with this one, Stephen.
00:40:38.160
And I think he has manufactured this exit from number 10 so that his successor, in this case, the part he's chosen is going to be Liz Truss,
00:40:49.200
will take two years of absolute pummeling because of the consequences of these two things, COVID and Ukraine.
00:40:58.100
And he will, whenever people have short memories, he will come back.
00:41:03.280
And I say this, as I said, all the way through from the beginning of the removal of Boris Johnson, right?
00:41:10.660
The Tory party yesterday did not elect a prime minister.
00:41:16.880
Boris Johnson had never lost a vote of confidence in the House of Commons.
00:41:20.720
He was under no obligation by constitutional precedent to offer his resignation to the Queen.
00:41:27.540
He could quite easily have said, you know what, I've changed my mind.
00:41:38.540
Despite what he's saying, despite the signal saying, oh, you know, he regrets it.
00:41:46.080
He does not want to be around for the consequences of the damage that he himself has caused.
00:41:52.580
So, Ben, this is a lesson for us when we win in November.
00:42:01.240
I know you're going to be coming up live today and doing other updates on the Italian election.
00:42:12.620
My profile is simply my surname, Atan, Atan of the verified account, please.
00:42:17.800
And I'm there just sort of pushing up my analysis 24-7.
00:42:22.840
Peter, how do people get to you and they need to really follow your afternoon broadcast?
00:42:29.340
And I got to tell you, there's Brexit, as I said, Brexit and the Trump victory in 2016 were interstrictly linked.
00:42:35.460
The collapse of our mother country is interstrictly linked with the United States.
00:42:44.480
We've got, I just was interviewing Naomi Wolf earlier.
00:42:47.480
So, that's our interview on Thursday, 3 p.m. Eastern time, every Monday and Thursday.
00:42:52.780
You can watch on, at Hearts of Oak on Getter or heartsofoak.org forward slash live stream or Rumble DLive, anywhere else.
00:43:04.380
We're going to cover this very closely because they have a direct impact on our country.
00:43:08.480
Peter from Hearts of Oak, thank you very much for joining us.
00:43:19.300
Mike Lindell joins us about how many counties did the War Room get the information and data from.
00:43:26.980
Are you feeling frustrated and powerless in the face of sky-high inflation?
00:43:55.760
Now, take a minute and go to this website, preparewithbannon.com.
00:44:03.040
You'll find a ready hour, three-month emergency food kit from My Patriot Supply.
00:44:12.240
This kit is packed with emergency meals, the kind that stay fresh for up to 25 years.
00:44:18.020
And these meals not only stay fresh, they stay affordable too.
00:44:21.600
That's because right now, My Patriot Supply is giving you $250 off this three-month kit.
00:44:28.080
Get it and you're guaranteed affordable meals when food prices get completely out of control.
00:44:35.120
In other words, you'll lock in the affordable food for years to come.
00:44:39.480
When you're ready for real preparedness, make sure to look for ready hour foods from My Patriot Supply.
00:44:48.200
That's preparewithbannon.com and save $250 on a three-month emergency food kit.
00:45:30.140
It's time to say what you want, the way you want.
00:45:34.520
Okay, I need you to go to Getter, and that's because everybody comes on here.
00:45:38.740
The contributors are all over it, from Ed Dow to Steve Cortez.
00:45:44.820
And remember, no one's going to come to save us.
00:45:47.380
You're going to save us, this audience, the populist movement.
00:45:49.740
And the reason we put up on Getter and Mike Lindell's, all his shows stream on there, besides the Frank speech, is that it's a social media platform for all of us.
00:45:58.440
Two breaking news stories we can't get to today.
00:46:01.500
The New York Times admits, the Biden administration has admitted to the New York Times, there's one million illegal aliens in the country awaiting amnesty.
00:46:13.720
Also, breaking news from Naomi Wolf just came across.
00:46:16.440
The U.K. government, there's a report just flashed across.
00:46:18.960
The U.K. government stops vaccinating five to 11-year-olds.
00:46:22.940
So we're going to have more of that this afternoon.
00:46:24.740
This afternoon show is going to be packed on fire.
00:46:26.980
Navarra, Cortez, Miranda Devine, Nigel Farage, Naomi Wolf, on and on and on.
00:46:32.440
There's so much news and so many stories we need to make sure that you get access to that we're just jammed up for time.
00:46:40.060
Mike, real quickly, because you've got amazing news and we've only got six minutes.
00:46:44.400
I've got to tell you, the sheets, the percale, the Giza Dream sheets are always my favorite.
00:46:57.480
And they're a combination of long staple and extra long staple cotton.
00:47:05.980
We're running out and we put them on sale for everybody for all the great work they've done.
00:47:12.800
They're as low as $29.98, but it's our biggest sale ever.
00:47:16.780
Because we're running out on some of the sizes, we added the Giza to the sale as low as $39.98.
00:47:23.640
Now remember, some of these sheet sets are $170-some dollars.
00:47:32.680
And so without the box stores, we're passing this along.
00:47:49.220
You're not paying it to the Walmart who hates everything you stand for.
00:47:57.900
On the war room, go to mypillow.com, promo code war room with the right there.
00:48:04.340
A person, a bunch of people, one in particular called me right after the show the other day.
00:48:10.580
They said, I need the vote cast, the cast votes.
00:48:15.080
They said, you're like the fifth person in 30 minutes that's called me on this.
00:48:19.300
There's 3,200 counties in this country, I think roughly.
00:48:28.560
We've got over 800, but we have 1,400 more requests this morning because of your audience, Dave, that we have to go through.
00:48:46.060
There's only 4% of those counties so far that CyberGuys have looked at that are not compromised.
00:48:53.680
In other words, 96% of all the counties we've went through already, which is hundreds of them, have all been machine manipulated.
00:49:07.020
You've been sending them back to us at castvoterecords.com.
00:49:11.260
Oh, because we put up on our site, we always put up there, because this stuff's all being fought out, about what the machine guys say in these lawsuits.
00:49:19.740
They said, hey, we can't come on your show but put the links up.
00:49:27.320
Because I'm sure everybody's head's going to blow up now.
00:49:30.040
Crazy Mike Lindell's up here and saying, hey, I got the things, and it's 96%.
00:49:39.840
Now you're saying, oh, the ones we've got, the 800 that we have, right, 96% have been manipulated.
00:49:47.360
How, tell me how you know that as a fact, not an assertion.
00:49:51.720
This is a fact, and this is data that comes right from the Secretary of State's office.
00:50:00.960
This is actual numbers that they gave us that came through the machines.
00:50:05.420
So when you see this, this is the sequence that the votes came in on.
00:50:10.980
And these sequence, when you have a candidate flat line or the same line in this county as the next county or the next county over,
00:50:21.200
and you have 100% could not be done by humans by just random.
00:50:31.460
Are we going to get Jeff O'Donohue and Kurt Olson and the experts?
00:50:38.860
And we will take either the 6 o'clock show or the half hour of the show.
00:50:43.300
I just want to make sure that people are saying these are not assertions because Mike's the machine guy.
00:50:49.520
You may have some bias, and I want to have the technical guys who did such a great job and Kurt Olson who's done such a great job.
00:50:56.160
By the way, look, the War Room Posse, and you guys are amazing, we've got a third of the counties.
00:51:01.660
But also some of the lawyers have told me that a lot of our people were not welcome with open arms.
00:51:07.620
A lot of the Secretary of State said under no circumstances are these people getting this.
00:51:14.960
But I want to finish the cast vote records request, though.
00:51:23.120
If you did get them as you're getting them now, send them in.
00:51:26.020
Email us at castvoterecords at frankspeech.com.
00:51:30.860
Email them back to us because then we're going to put each county together in words you understand.
00:51:36.420
That's what Jeff O'Donohue and others are doing so that you can bring it as a sales pitch to your county.
00:51:41.300
And also we're using them in our preliminary injunctions.
00:51:44.440
These votes are so important, are these castable records.
00:51:47.420
Now what Steve's talking about, a lot of you were denied.
00:51:53.100
You can go to Frank's Speech and click on this square right here if you can see it.
00:52:11.880
And now it's called the Freedom of Information Act.
00:52:15.880
All of you can request, it's a FOIA request, to your Secretary of State's office and say you want all the emails.
00:52:25.680
Any emails between the commissioners that talk about the machine companies or Mike Lindell, we have it all listed out for you.
00:52:35.400
If you heard from Mike Lindell or you heard from Steve Bannon, so we put it right on there.
00:52:40.600
They can request that and get this taken care of.
00:52:44.900
We're back 5 to 7, and it's going to be on fire.
00:52:48.780
And we're going to have the technicians and the lawyers on tomorrow to go through all this on the cast, folks.
00:53:07.740
It's a company that makes a soft gel supplement rich in antioxidants to help people like you and me keep a healthy heart.
00:53:15.000
While COVID gets all the headlines, it's important to realize that heart disease kills nearly 700,000 Americans every year.
00:53:23.240
Yes, heart disease is the number one killer every year, year in and year out.
00:53:28.480
Heart disease, hypertension, high blood pressure, bad cholesterol, diabetes, all of it affects our heart.
00:53:34.360
A healthy heart is key to being energetic as we get older.
00:53:38.800
It is never too early to take care of your heart.
00:53:45.100
You can start in your 30s, and when this happens, you're at serious risk by the time you turn 60.
00:53:48.720
If you want to take care of your heart and those you care about, please go to warroomhealth.com.
00:54:00.360
Use the code WARROOM at checkout to save 67% of your first shipment.
00:54:14.640
You need, if you're going to be part of the posse, you need a strong heart.
00:54:24.440
They put Peter Navarro in leg irons for simply doing his constitutional duty.
00:54:29.580
Now they want to put Peter in prison for standing up for Donald Trump.
00:54:33.240
Please go to Amazon right now and order Taking Back Trump's America to help fund Peter's legal defense.
00:54:39.200
Taking Back Trump's America provides a critical MAGA blueprint to put Trump back in the White House in 2024.
00:54:46.500
Buy Taking Back Trump's America on Amazon today.
00:54:49.880
If they can put Peter Navarro in prison, they can come for all of us.
00:55:00.340
You already know free speech is under constant attack by the swamp and their big tech allies.
00:55:06.080
They resell your communications and personal data while lecturing and laughing at you.
00:55:12.140
Unplugged Systems, a secure communications company, has an app suite you can install on any Android phone,
00:55:19.040
including its own uncancellable app store, VPN, antivirus, and highly encrypted messenger,
00:55:26.340
better than Wicker, Signal, Telegram, or anything else.
00:55:28.900
None of your message or VPN traffic is stored, analyzed, or sold.
00:55:39.420
That's unplugged.com slash war room to install the Unplugged suite.