Bannon's War Room - Episode 2163： Elise Stefanik Announces Run For GOP Conference Chair; We Have An Historic Drop In Net Assets And What Is To Come Next

00:00:00.000 into the big lie is now called supporting the team in the Trump party.

00:00:06.220 Where better to make that pledge than in an interview with the poison populist and Trump

00:00:11.760 pardonee, Steve Bannon. My vision is to run with support from the president and his coalition of

00:00:20.140 voters. This is also about being one team. And I'm committed to being a voice and being a clear,

00:00:27.240 sending a clear message that we are one team. And that means working with the president and

00:00:32.280 working with all of our excellent Republican members of Congress.

00:00:36.020 No, you mean a shill, not a clear voice. And listen to that. The president. Does she mean Biden?

00:00:44.760 He's the president. No. She means to advance the big lie. Trump is the president because he's still

00:00:51.900 in power because he really won. And to be clear, even Stefanik knows this is just about the big lie.

00:00:59.660 Though there are some conservative groups who note that Stefanik is way more liberal than Cheney and

00:01:04.660 voted with Trump far less frequently and less reliably. Stefanik has decided to play to her

00:01:10.660 strengths with which in the House GOP race is to keep shamelessly pushing Donald Trump's big lie

00:01:16.720 about the election. That is her only advantage over Cheney. Here she is on Steve Bannon's radio show

00:01:22.700 just moments after she promised to unite the Republican Party promoting the deranged election

00:01:27.860 audit going on in Arizona right now, where a clean election in a state led by a Republican governor

00:01:34.440 is being attacked by election liars.

00:01:37.860 I fully support support the audit in Arizona. We want transparency and answers for the American

00:01:46.200 people. What are the Democrats so afraid of? The voters in Arizona and the state Senate in Arizona

00:01:53.300 pursued this audit. I fully support it. Transparency is a good thing. We need to fix

00:01:59.960 these election security issues going into the future.

00:02:02.680 There are no election security issues in Arizona.

00:02:06.740 We could play this all day. This is from 7 May of 2021. And a couple of careers that went in

00:02:15.940 different directions, including Chris Cuomo's. But I want to bring in Elise Stefanik. That was really

00:02:20.080 when she announced to take on Liz Cheney. And this is her first interview that she's done since she's

00:02:26.380 just announced she's going to run for conference chair again. But I want to get into some details when

00:02:31.420 they were mocking you and ridiculing you. And you said you were going to bring this party

00:02:36.400 together. And Elise, I want to just start with some numbers from an NBC poll, a massive poll NBC

00:02:44.400 yesterday, of which NBC buried this in like the 30th paragraph of every story, because the headline was

00:02:50.260 Biden, you know, Biden's approval up abortion is going to close races. But when you look at the

00:02:56.720 cross tabs, and you particularly look at these numbers, and I'm going to go back into detail,

00:03:01.360 but I just want to give the audience and talk about where this was when you defeated Liz Cheney.

00:03:09.540 Border security, GOP leads by 36 points. Crime, GOP, this is among all voters, not Republican,

00:03:19.220 this is all voters. And these some of these are historic spreads. Border security plus 36. Crime

00:03:26.320 plus 23. Immigration plus 19 points. Economy, we have a 19 point lead. Cost of living and inflation

00:03:36.360 plus 14. Unity, the ability to bring the country together. Wait for it. GOP plus six.

00:03:45.160 Elise Stefanik. Tell me where was the conference and where was the Republican Party when you were

00:03:51.920 the one bold person that stood up and said, Liz Cheney can't do this anymore. Tell me where the 0.98

00:03:57.880 Republican conference, the House and the Republican Party was then. And what's the arc of where we are

00:04:04.600 today, ma'am? Well, thank you for the question, Steve. When I ran for conference chair in May of last

00:04:10.860 year, May of 2021, if you looked at the polling on all of those issues, Republicans were underwater.

00:04:17.460 Democrats had a generic lead on issues of border security, on issues of the economy,

00:04:22.380 on issues of national security. It's hard to think that because there's been such a crisis in this

00:04:27.480 country with unified Democrat leadership in Washington. But the reality is one of my commitments

00:04:33.520 when I ran for House Republican conference chair was to unify the House Republican message

00:04:38.620 on the issues that matter to the American people. And the proof is in the polling. Those numbers are

00:04:44.120 stunning. Those are the numbers and those are the top issues that voters are going to be making their

00:04:48.980 decision as they go to the polls this November. So we're going to continue prosecuting the case

00:04:53.820 against the failed Joe Biden, Nancy Pelosi and Chuck Schumer regime that the American people have been

00:04:59.240 suffering under. Certainly, I will never forget when I had my first press conference as the House

00:05:05.640 Republican conference chair, which I do every week on behalf of House Republicans. We unveiled our

00:05:10.960 country in crisis messaging. Now you can't go a day without seeing that messaging. So it has really

00:05:17.000 resonated. But what was most telling, Steve, was that I remember I was ridiculed by the New York

00:05:22.140 Times, a reporter that said, well, isn't this confusing to voters? You're talking about an inflation

00:05:27.240 crisis, a border crisis, a crime crisis. And what I said to the reporter was, thank you for highlighting

00:05:33.020 how many crises Joe Biden has created. And those polling numbers are significant heading into the

00:05:39.660 next 50 days when we need to see a red wave in this country to save America. And I think it's going

00:05:46.380 to be a historic year with a historic Republican majority. Okay, let me make sure everybody understands

00:05:52.660 this. When she took over from Cheney, and Cheney was just leading us down the primrose path, and we've

00:05:58.720 seen everything. She's revealed herself as never before in the last year, Liz Cheney. I want to

00:06:04.480 repeat this. Border security, plus 36%. Crime, up 23 points. By the way, these are for American voters.

00:06:14.220 Immigration, plus 19. Economy, plus 19. Inflation and the cost of living, plus 14. Unifying the country, 0.55

00:06:21.800 unity, plus six. You went back, and here's what you did. You said, we're not talking about what

00:06:29.580 reality is. Reality is that, as Steve Cortez always says, these are created crises by the unified

00:06:37.500 Democratic Party. Ma'am, how did you conceive of that? And what kind of fights did you even have to

00:06:44.120 get that message out? Because some people, I remember the time ago, you can't, this is too hot,

00:06:47.340 right? You're talking, this is too hot. We have to have a more Cheney-like message. Elise Stefanik.

00:06:53.940 Well, the best insight is from the voters. I spend a lot of time in my district listening to voters,

00:07:00.780 not only in upstate New York in the North Country, but also across America. And there was this sense,

00:07:06.320 and there continues to be this sense, that this country is in crisis, that we are losing this

00:07:11.040 country before our very eyes. I would also highlight, Steve, that even more so now than over a year

00:07:17.220 ago, people are struggling. I was just in my district this past weekend doing a number of

00:07:22.680 events. People are struggling to balance their weekly and monthly budgets. They're struggling

00:07:27.200 when they go to the grocery store. They're really wondering, as they see this horrific border crisis,

00:07:33.520 why the Biden administration continues to prioritize illegal immigrants and criminals rather than

00:07:40.060 hardworking American people. So this message I knew was going to resonate because I always spend the

00:07:45.580 time listening to voters. You know, I had a conversation with a voter this weekend, and he

00:07:49.580 was talking about legislation that he was trying to push to protect the Second Amendment. And of course,

00:07:55.320 I'm one of the leaders on that issue. And I told him, your input, that's the most important,

00:08:01.220 most important commentary, more than the chattering class, way more than the editorial boards.

00:08:06.460 It's the people and the country in crisis messaging. That resonates with the people,

00:08:11.500 because that's what I was hearing from voters. I noticed in following you over the last couple

00:08:17.280 weeks that you're making a lot of appearances in gun shops and throughout your district. What's

00:08:22.640 going on up there? Is there an issue in New York State, ma'am? Absolutely. There's a constitutional

00:08:28.980 crisis in New York State. So we successfully overturned the unconstitutional concealed carry process

00:08:36.540 in New York. I was proud to sign that amicus brief and the Supreme Court ruled New York's process

00:08:42.060 unconstitutional. In response, what did the Democrat Kathy Hochul do? She, in the dead of night, 1.00

00:08:49.600 worked with Albany Democrats to pass an even more unconstitutional law, a gun ban, essentially,

00:08:55.220 for much of my district, which includes the Adirondack Park. And let me tell you about the ramifications

00:09:00.180 and consequences. We have seen historical reenactments, the Battle of Plattsburgh, which is a big

00:09:05.360 tourist, big economic, big history event in my district, that I grew up going to these historic

00:09:10.200 reenactments. That was canceled. We've seen gun shows that fire departments host as a fundraising

00:09:15.740 effort. Those have been canceled as well. This weekend, I was at the gun show, which supports the 0.94

00:09:22.800 fire department. And look, our local law enforcement said, we support the Constitution. We do not support

00:09:27.840 Kathy Hochul's unconstitutional power grab. So ultimately, this is going to have to be challenged in

00:09:33.360 the courts. Again, you will see House Republicans stand strong and lead when it comes to the amicus

00:09:39.340 brief. I am proud to have just earned an A-plus for my support for Second Amendment issues. My opponent

00:09:45.200 earned an F, and he deserves it. All the Democrats in New York State, and frankly, across the country,

00:09:50.400 deserve an F when it comes to standing up for a Second Amendment, because they support full-blown gun 0.71

00:09:56.100 bans. I want to go back to your support of the Second Amendment and these issues. And we're going

00:10:03.020 to drill down about how we went on these issues that you highlighted and talked about the created

00:10:07.060 crisis of the Biden regime. There's certain voices out there that say, including some of the war room

00:10:13.200 posse, that Elise Stefanik, she's terrific, but she's not conservative enough. What's your response to

00:10:18.720 that, ma'am? Well, I'm a proud conservative. I think back to when I ran in 2014 and flipped the

00:10:24.500 seat that we were not able to flip even in 2010. And one of the criticisms and fears was that I was

00:10:30.480 the more conservative candidate in the race and I wouldn't be able to win. Well, it turns out that

00:10:34.400 I was the more conservative candidate in the race. And not only did we win, but we've won by

00:10:39.020 since then. I'm a proud conservative with the highest rating when it comes to Second Amendment

00:10:43.600 issues. I am proudly pro-life and leading that message for House Republicans. And my voters and

00:10:50.200 people across the country know that I'm a conservative. I have done everything I possibly

00:10:54.800 can to stand up when it comes to protecting our Constitution. And America got to see that

00:10:59.900 particularly during impeachment hope one, but also when it comes to the election security issues,

00:11:04.940 making sure that we have safe and secure elections and we rebuild the American people's faith

00:11:09.960 in our election integrity. I support the rule of law. I support law enforcement. I've been endorsed

00:11:15.460 by every single law enforcement union in New York State. And I am proud to be a conservative and I am

00:11:21.820 proud to serve as the House Republican conference chair to unify all the House Republicans with a

00:11:26.840 message that works in New York just like it works in Texas. Let me ask you, when you look at the arc

00:11:33.260 of what would have happened given what we know now about Liz Cheney and what the voters in Wyoming

00:11:38.320 think of Liz Cheney versus your stewardship of the conference, is there any doubt in your mind that

00:11:43.920 you've taken this and actually unified around a more conservative and MAGA message? Is there any

00:11:48.780 doubt about that in your mind? Well, first of all, the proof is in the polling. You started off this

00:11:53.720 interview, Steve, by highlighting our double-digit significant lead on the issues that matter to the

00:11:59.040 American people, whether it's border security, inflation, crime. Those were issues that my predecessor

00:12:04.020 just left on the table and wasn't talking about. And those are the issues that really impact people's

00:12:09.240 day-to-day lives. It's what they care about. They do not want to care about this anti-Trump

00:12:14.440 obsession and derangement that my predecessor continues to have. And look, voters are smart.

00:12:19.760 It was an overwhelming win in Wyoming for Harriet Hageman, who I was proud to support. And she will be

00:12:25.780 a tremendous representative for the people of Wyoming. We are not entitled to these positions because of our

00:12:32.620 last name. And that's what I say to my colleagues. That's what I say to the American people.

00:12:37.160 We earn these positions because the American people, they have an opportunity to vote for us.

00:12:42.400 So regardless of what your last name is, there was a sense of entitlement there. And the voters

00:12:47.680 showed that they wanted a new direction rightfully in Wyoming and the House Republican Conference.

00:12:55.060 We got a couple of minutes on this side, and we've asked you to stay through the break for a minute.

00:12:58.560 But how do you translate now that you've messaged, and now that it's resonated with the American

00:13:03.080 people, and folks don't understand how hard that is to do? And these numbers are historic.

00:13:07.540 36% on border security, crime 23. I mean, these are blowout numbers. How do you translate that to a

00:13:13.940 strategy that allows us to have blowout numbers in the House of Representatives? Massive victories on

00:13:19.140 November 8th, ma'am.

00:13:20.000 Don't take the bait from the mainstream media. The mainstream media is working overtime to reset the

00:13:27.160 trajectory of this election. I was going back to the headlines, Steve, before 2010, before 2016,

00:13:32.400 and before 2020. Those were all big Republican years in terms of the voters' sentiment. And in those

00:13:40.780 races, the media was doing the same thing. They were trying to suppress the red wave. They are trying

00:13:44.880 to reset the issues. We need to keep prosecuting the case. And importantly, we need to communicate

00:13:50.220 effectively with the American people.

00:13:56.780 Did we just freeze on?

00:13:57.700 I didn't.

00:13:58.600 Okay. Okay, let's take a break. We're going to reboot Elise Stefanik because she's getting to the 1.00

00:14:05.200 pay dirt here. Short commercial break. We're going to reboot Elise Stefanik and bring her back. But 1.00

00:14:09.940 here's the bottom line. We have right now, and this is reality. This is signal, not noise. NBC has

00:14:15.320 done a massive poll of people that are going to vote on November 8th. And of the issues that are

00:14:20.500 top of mind of the American people, these are blowout numbers. What this means now, you have to

00:14:27.660 translate that to execution. You have to have campaigns that take that messaging and hammer it

00:14:32.640 home every day. You've heard of this before in the show. This is Steve Cortez's theory of the case

00:14:38.000 that created crisis of the Biden regime. Well, guess what? The American people were listening,

00:14:43.240 and now it's time for us to execute. We're going to come back with Elise Stefanik. She just announced

00:14:46.920 she's going to run for conference chair again. We're going to drill down about how we're going to 0.98

00:14:51.780 pick up 10, 20, 30, 40 seats. All next in the war room.

00:14:58.240 You know what's never good? When your nation's supposed authority on economic policy completely

00:15:05.060 misses the flashing red lights of impending inflation. Now, Treasury Secretary Janet Yellen

00:15:11.260 has finally admitted, quote, there's been an unanticipated and large shocks to the economy

00:15:16.460 that have boosted energy and food prices and supply bottlenecks that affected our economy badly

00:15:21.960 that I didn't, at the time, fully understand, end quote. You know who understands the real threat

00:15:29.640 of inflation? People who invested in gold and silver with Birch Gold Group. They're protecting

00:15:36.280 their savings from a highly turbulent economy by diversifying their 401k or IRA into gold,

00:15:44.700 physical gold. It's not too late for you to take action now. Text Bannon, B-A-N-N-O-N,

00:15:51.400 to 989898, and get a free info kit on diversifying and protecting your savings with precious metals.

00:15:59.640 With an A-plus rating from the Better Business Bureau, countless five-star reviews, and thousands

00:16:04.780 of satisfied customers, text Bannon, B-A-N-N-O-N, to 989898, and get the real help from Birch Gold

00:16:12.540 today. Again, text Bannon to 989898 to claim your free, no-obligation information kit on protecting

00:16:21.060 your savings with gold.

00:16:22.620 War Room Pandemic with Stephen K. Bannon.

00:16:28.040 The epidemic is a demon, and we cannot let this demon hide.

00:16:31.860 War Room Pandemic. Here's your host, Stephen K. Bannon.

00:16:36.360 Okay, welcome back. Look, I want to set the stage here so people understand it's not easy

00:16:43.100 to do big things. Back in the spring of 2021, most people had run away. Most people were

00:16:49.720 curled up in the fetal position. Oh, Biden's going to have five more states, 10 more Supreme

00:16:53.460 Court justices. It's over. We were upside down on every issue. Remember Cortez, I myself,

00:16:58.880 and I've always said, we're standing in the breach in the War Room. We're not going to back

00:17:01.300 off. We're not leaving D.C. We don't care. We're going to fight this every day, and we

00:17:05.620 know we can bring Biden's numbers down. Where a young woman stepped up in the May of that

00:17:10.500 year to take on the Cheneys, and Liz Cheney had us upside down everywhere and, quite frankly,

00:17:16.160 wasn't interested in any of this, and particularly this theory of the case that the Biden regime

00:17:21.060 was creating these crises. These are created crises. That's the genius. I want to repeat

00:17:28.060 the numbers. Border security up 36%. Crime up 23%. Immigration up 19%. Economy up 19%. Cost

00:17:37.480 of living and inflation up 14%. Unity of the country up 6%. Those are the, by the way, the

00:17:43.620 Democrats lead on abortion, and I think on education, and the numbers aren't huge. I think abortion 0.74

00:17:48.520 is 22%. These are historic numbers on the issues that matter in the lived experience of American

00:17:54.500 voters, and they told NBC News that. They didn't tell Richard Barris or Trafalgar or Gateway Pundit

00:17:59.500 or the War Room. They told NBC that. These are meaningful and real numbers. And how we got

00:18:06.200 here, now it's all about that. That is a master plan in changing the tide of messaging. You've

00:18:11.340 got to remember, they were all defeated. It was only Stefanik that stood up to take on Cheney.

00:18:16.560 Only Stefanik stepped up to take on Cheney. Think of where we would have been today if Liz Cheney 1.00

00:18:23.500 was conference chair. If Liz Cheney was conference chair, think of where we would have been. I'll

00:18:30.160 tell you when where we've been. No way teed up to execute on those numbers and win a smashing

00:18:35.680 victory in the House of Representatives, which is going to save this nation. Elise Stefanik,

00:18:40.780 I want to go back. You brought up a brilliant point. Go back to 10, the Tea Party sweep. Those

00:18:44.400 other years we had the big wins. What is the, the mainstream media has the same playbook,

00:18:49.080 and they're running again. What do they do, ma'am? They are trying to suppress Republican

00:18:53.640 voters. They are trying to bury polls like NBC that show that Republicans are in a strong position

00:18:58.780 to win back the House. They're trying to reset the narrative and prop up Democrat candidates

00:19:03.380 across the country. The American people are smart. It's important that they see through this

00:19:08.620 mainstream media narrative and they vote on the issues. I have faith in the American people.

00:19:13.320 We only need five seats to win back the House Republican majority. We are targeting 74 seats.

00:19:19.400 I think it's going to be a historic election. If we win 35 of those 74 seats, Steve, it will be the

00:19:25.600 biggest Republican majority since the Great Depression. So this is an opportunity to have a

00:19:30.740 historic win and don't let the media fool you. By the way, NBC buried this poll. It took some

00:19:37.400 brilliant staffers. There's, there's nine stories out there in different media on the NBC poll,

00:19:43.020 including the Hill and Politico. Everybody's covered it because it's such a big poll.

00:19:46.900 They buried it. It's in their lead story is a paragraph 35 because they understand that this

00:19:52.440 is the buried lead. This is the thing itself. How do you translate this? 74 in play, including D plus

00:19:58.460 tens. And you can see this math shows you if you just execute, it's all in play. And they know that

00:20:05.360 that's where the pulling all stops on the abortion, on everything else, on, on anti-democracy. And,

00:20:10.480 you know, you people are, this is a rise of fascism. They're going to pull everything out

00:20:14.520 to try to get off of crime, the border, immigration, the economy, inflation, the cost of living and

00:20:20.680 unifying the country, ma'am. How do you then translate it? How does the team translate it

00:20:25.200 to actually individual campaigns for the victories? Let's pick up 50, 60, 74 seats, ma'am. How do you do

00:20:32.200 it? Well, we're working with every campaign across the country to make sure that they have the tactics

00:20:37.060 and the message to reach every voter. We need to make sure that all Trump voters turn out to vote

00:20:42.100 this election cycle. It's so important, not just for the house races, but for the Senate races as

00:20:46.520 well. Also voters need to understand house Republicans have been working for this past year

00:20:51.600 with the American people on our agenda. We need to hold Joe Biden accountable. That means immediate

00:20:56.980 oversight. Subpoenas will be flying out the door when house Republicans win the majority. Uh, think about

00:21:03.020 the overreach of the FBI, the politicization and truly the weaponization of the FBI against

00:21:08.300 the American people and against the constitution, there needs to be accountability. But in all these

00:21:13.160 crises, Steve, whether it's the border, whether it's inflation, when it comes to inflation, stop

00:21:18.220 the spending on day one and return to fiscal responsibility to rein in this runaway out of

00:21:24.860 control inflation, which is a faster rate than at any point in my lifetime. Go back when it comes to

00:21:29.780 border security, return to president Trump's border security policies, which made it the most secure

00:21:34.540 border in our nation's history. Uh, making sure that our candidates across the country continue to

00:21:39.700 message on those issues is very, very important. And we are doing that every single day, pushing

00:21:45.100 through the next 50 days. Okay. Uh, the Hill led today with a, with an article that said that the

00:21:51.880 Democrats understand that with a house that would be taken over and had a significant majority

00:21:56.700 by the Republicans that, that Washington DC would change and it would become very confrontational.

00:22:03.060 Um, and they specifically brought up appropriations and investigations. Do you believe that because

00:22:09.440 the other hit on the Republican leadership, let's get it out there. You're not conservative.

00:22:13.160 And this is all not conservative enough, but particularly not tough enough. Do you believe you

00:22:17.740 and Republican leadership are tough enough? And you, you do, you do believe that you'll channel

00:22:22.980 not just the anger, but the steely resolve of these voters in these numbers that, that not on

00:22:29.540 the margins, they want significant change. A big majority of the American people want significant

00:22:33.820 change is the Republican party leadership in the house yourself included tough enough to execute on

00:22:39.720 that. Absolutely. No one can question my toughness Steve in the biggest battles that we have had for

00:22:47.140 the soul of our country. I have stepped into the breach again and again and again, and I have been

00:22:52.680 eviscerated and smeared by Democrats, whether it was impeachment part one, when every Democrat across

00:22:59.240 the country, the entire left wing radical ecosystem rained down on my district pouring millions and

00:23:05.860 millions of dollars smearing myself and my family. What did we do? We channeled the power of the people

00:23:11.300 and we won by double digits, the largest number of votes ever during the election security and the

00:23:17.940 electoral college votes. Again, we were smeared canceled. Uh, I was proud to be a leader standing

00:23:23.920 up for the constitution. Uh, we saw significant overreach in number of States, uh, which all the

00:23:30.300 viewers know about Pennsylvania, Georgia, Wisconsin, Arizona, et cetera. Uh, so for those toughest battles,

00:23:35.020 I have a spine of steel. Uh, my conference members, our conference members know that in terms of house

00:23:41.120 Republicans, I will always take on the toughest fights on behalf of the American people, whether

00:23:45.920 it's taking on Andrew Cuomo, who is no longer our governor and holding him accountable, or whether

00:23:51.520 it's taking on Joe Biden or folks in my own party who maybe have famous last names, but have lost the

00:23:58.300 will of the people. So voters in my district and across America know that I have a spine of steel

00:24:02.980 and I am proud to be one of the toughest members when it comes to standing up for our Republic.

00:24:08.600 Uh, you went to, by the way, you went to Harvard. Did they try to take your degree back or then they

00:24:13.920 canceled you from the Institute of politics? You're, you're actually the, the college you went to

00:24:17.740 came after you also during this is, am I, did I remember that correctly?

00:24:22.320 You're remembering correctly, Steve, I was canceled, um, by Harvard and they did start discussing

00:24:28.680 taking not only my degree, but Ted Cruz's degree. Those are degrees that were earned. Uh, but they went

00:24:33.780 after, it's not just me. They go after all conservatives. There was a recent article where they

00:24:37.760 smeared Tom Cotton, myself, Mike Pompeo, Ted Cruz, uh, Mike Gallagher, who didn't go to Harvard.

00:24:43.220 He went to Princeton, but you know, the elites of the left, they don't want to have, they want to

00:24:48.660 completely silence the conservative movement. And what's really sad, Steve, is it impacts the students.

00:24:53.380 The students are not able, not able to have, uh, free speech on college campuses and shame on these

00:24:59.060 institutions for doing so. But as I said to Harvard, this is not just another example of your radical

00:25:03.900 woke ideology. I am proudly canceled, but I'm proud to be a conservative among the number of

00:25:09.980 conservatives who have graduated there. It's a small percentage, but boy, uh, have we stood up

00:25:14.680 for these important fights. Uh, Lisa, and particularly for the doubters, where, where did they go to find

00:25:20.440 out more about you, the campaign, you personally, what you stand for and what you're going to do

00:25:24.940 as the head of the conference, uh, in, in the run-up to this victory. And then the very tough job

00:25:30.580 of, of basically, uh, shutting down the Biden's most radical policies.

00:25:35.960 Well, they can follow all of my social media on Elise Stefanik. Uh, they can follow me on truth,

00:25:41.120 uh, under Elise Stefanik. Uh, my campaign website is Elise for Congress. They can support through

00:25:46.180 Elise Victory Fund. Uh, and we are out there messaging every single day. So the information

00:25:51.220 we're putting out really the tip of the spear when it comes to this country and crisis messaging

00:25:55.460 and how house Republicans are going to hold Joe Biden accountable. I'm also proud to be

00:25:59.820 supporting so many candidates across the country. That's an area that my predecessor really did,

00:26:04.140 did nothing on, but really making sure that we have the resources to make sure these campaigns

00:26:09.260 win and flip these districts. And we'd love to have you back on to talk about some of those

00:26:14.300 specific races, particularly the ones you're involved in. But Elise, thank you very much for

00:26:18.080 taking time. I know you're incredibly busy and being the first interview since you announced

00:26:21.860 for conference chair again. So thank you. Thanks, Steve.

00:26:24.660 So Cortez, I got to bring you in here because this was the theory of the case and we said it back in

00:26:31.540 the January and she stood up and this was really the fight over, uh, over Cheney because Cheney had

00:26:36.600 not revealed herself totally to the, to the, to the rabid anti-Trump, but she was doing it behind

00:26:42.560 closed doors. That's one of the powers of what Stefanik was the only one that smoked her out. 1.00

00:26:46.260 The created crisis brought on by elites, uh, Steve Cortez, these NBC numbers, they, they warm the

00:26:54.180 cockles of your heart, sir. Indeed. Well, listen, it shows that the American people are very educated,

00:26:59.340 that they're not buying spin from the corporate media. They're certainly not buying the propaganda

00:27:03.780 out of the white house. And they realize a couple of things. Number one, they realize what they're

00:27:08.220 living with every day in terms of inflation and what it's doing to their prosperity, that the fact

00:27:13.040 that they're working harder to get poorer every single day. And the American people, not just those

00:27:17.720 who live along the border all over the country realize that as you often warned correctly, Steve,

00:27:22.380 every town in America is a border town. So on these key issues of immigration and inflation, which I

00:27:27.400 still believe the two eyes are the most significant issues out there. There's other things that matter,

00:27:31.660 of course, but those are the most two, most important two issues that matter most and are most

00:27:35.400 directly relevant to people's lives. Number one, on both of those issues, Biden has failed most

00:27:40.260 miserably. But number two, we in the patriotic populist movement have the best, most effective

00:27:45.060 answers to solve both of those created crises, which again, totally created, not a matter of

00:27:50.200 happenstance, not bad luck, not the business cycle, created crises by the establishment and Joe Biden,

00:27:55.160 we have to fix this mess. We didn't make it, but we're going to fix it.

00:27:58.780 By the way, we're going to translate this now, the created crises of what the Biden regime has done,

00:28:04.280 we're going to translate it to the capital markets, particularly the bond market,

00:28:08.360 and how it's changing your life. All next with Steve Cortez in the war room.

00:28:22.420 Friends, if you've ever wanted to stock up on emergency food and save a ton of money at the

00:28:27.180 same time, now is your chance. For just a few days more, my Patriot Supply is knocking $250 off

00:28:34.720 their three-month emergency food kit. This is the lowest price in three years and it may not happen

00:28:40.940 again because of inflation. So don't miss your chance to save big on the emergency food you're

00:28:45.820 going to need when the food shortages hit. Go to preparewithbannon.com. That's preparewithbannon.com

00:28:52.040 right now and stock up while it's affordable. My Patriot Supply is charging less so they can help

00:28:57.520 families more, but they can't do this all day long. Remember, this food stays fresh for up to 25 years,

00:29:04.240 so it's ready the moment you need it. Right now you'll save 250 bucks on each three-month emergency

00:29:10.680 food kit you order at preparewithbannon.com. That's preparewithbannon.com. This is the lowest

00:29:17.660 price in years, but this price will be gone in just a matter of days. Go to preparewithbannon.com

00:29:23.780 right now. Preparewithbannon.com. Use your agency. Action, action, action.

00:29:31.220 War Room. Pandemic with Stephen K. Bannon. The epidemic is a demon and we cannot let this demon

00:29:38.120 hide. War Room. Pandemic. Here's your host, Stephen K. Bannon.

00:29:43.440 Okay. MyPillow.com. Promo code War Room. You're not going to get a lot of sleep. I know I didn't over

00:29:50.520 the weekend. I was everywhere spreading the good news of how we're going to crush and destroy the

00:29:57.120 Democratic Party at the ballot box. Give them a democracy suppository on 8 November. But when I

00:30:02.380 sleep, I sleep on per cal sheets from MyPillow.com because there you can sleep the sleep of the just,

00:30:07.960 even if it's only a couple of hours. Make sure you go to MyPillow.com. Promo code War Room.

00:30:12.100 You got the squares. It's everything. You got the buy one, get one's free. You got all of them. But

00:30:15.920 big sale on the sheets. It's only going to last while these sheets are in stock. So please go there

00:30:20.020 today. Mike Lindell will be up in this afternoon show talking about he's dropping a lawsuit on the

00:30:25.580 FBI, the DOJ tomorrow. We'll get updates on that. Steve Cortez, we have, we're going to talk about the

00:30:31.740 created crises. And I just want to say one thing before I move on to this about Stefanik. Go back to the

00:30:37.140 spring of 2021. I realize some people, she's a rhino. She's this. Hey, listen.

00:30:42.100 It's about your action. Nobody was prepared to step up and take Liz Cheney out. None of them.

00:30:48.660 None of them. Only she was coming up. Think about where we would be if Cheney and Cheney wasn't going

00:30:54.180 to budge unless somebody stepped up and gave them a bit away. You got to have a bit away. And unless

00:31:00.020 somebody did that, she'd still be conference chair with all that poison. It'd be over. It'd be over.

00:31:06.440 In the spring of 2021, nobody was stepping up. Cortez, you remember that. No, they were running

00:31:11.600 and hiding, right? They were accepting a bunch of guys are dropping out, not going to run for the

00:31:16.160 house again to go run for other seats. Stefanik stood up and look at those numbers on the created

00:31:22.420 crisis. Now the created crisis has translated into your personal life through the bond market,

00:31:28.100 but we have breaking news on the housing market. And Steve Cortez is going to walk us through it,

00:31:33.300 sir. Yeah. Unfortunately, Steve, listen, I'm an optimist by nature. I look forward to the day when

00:31:38.000 I can talk about fantastic economic news and we will get there, but it won't be easy. More dreadful

00:31:43.140 economic news out just during your show this morning on housing from the National Association of

00:31:47.660 Homebuilders. Homebuilders sentiment, and this is a really key index, hit another new low for the move,

00:31:53.820 well below expectations. It came in at only 46. Now to put that in context, Steve, below 50 means

00:31:59.960 contraction. So the homebuilders themselves, the people who run these businesses say that the

00:32:04.560 housing market, the housing construction market is now officially in contraction. To put that in

00:32:08.940 further context, this number just at the beginning of this year, Steve, was at 83. It has gone from 83 to

00:32:15.680 46. It has nearly been cut in half in a matter of months because of the mismanagement of our economy

00:32:22.280 by Joe Biden. I mean, that's not just a decline, Steve. That's an absolute implosion. And other than

00:32:28.160 with like so many statistics that I mentioned on this show, other than the spring of 2020 lockdowns,

00:32:33.420 right, which was an epidemiological Pearl Harbor that crashed the global economy, accepting that

00:32:38.220 period, this is the lowest number for homebuilders sentiment since 2014. So Joe Biden just continues to

00:32:45.000 set record or record. They're all at least eight years. Many of them are 40 year records, all the wrong

00:32:50.240 direction, of course, and very much connected to this, by the way, interest rates. So let's look

00:32:54.880 today. The biggest news of the day, in my opinion, by far the biggest news of the day is the fact that

00:32:59.560 10 year treasury yield. And again, I know a lot of folks out there, they perhaps get a little,

00:33:04.520 you know, a little confused when we start talking about markets. I want to put this in very simple

00:33:08.280 terms. No, no, no, no, no. Hang on, hang on, hang on. Can I say something? I went from Arizona to

00:33:14.440 talk to the people in St. Louis on Saturday night, had conference calls with people all over the

00:33:19.760 weekend, Zoom meetings, and then talk last night at Huntington Beach. They're not, they actually say

00:33:25.420 they love the way we break down the capital markets and how it relates to their personal lives,

00:33:29.540 particularly people that are not used to this. So no, take your time. This is very important,

00:33:33.880 particularly this, as we say, the price of the 10 year bond drives basically other, every other,

00:33:39.420 all the interest rates on your credit cards, your mortgages, your car loan, everything. So walk

00:33:45.780 through this chart. So it's not a good chart. Yeah. So let's show chart number one, please.

00:33:50.660 And as I said, this is the biggest news of the day for sure. It could well be the biggest news of

00:33:54.900 the year. All right. Because the treasury 10 year bond yield, which is shown right there, that is the

00:34:00.100 benchmark bond yield for the world, meaning all interest rates globally are priced off of this

00:34:05.580 market. It's sort of the bond North star. So your home loan, your credit card debt, anything you do

00:34:11.600 to borrow in your life, corporate bonds, all of it is based relative to the 10 year treasury. And for

00:34:16.560 that matter, all over the world, not just here in the United States. And that chart, as you can see,

00:34:21.600 that chart goes back 10 years. That shows that right now, as of today, we are at the highest levels.

00:34:26.860 You can see those who are watching that we're at new highs for that chart. We're at the highest level,

00:34:31.020 3.5% interest rates for a 10 year U.S. treasury bond, the highest yields that we have been since

00:34:37.300 2011. Now, a couple of points that I think are really important, Steve. In 2011, we were coming

00:34:42.480 out of the terrible 08-09 crisis and the economy was surging. As a matter of fact, we didn't have a

00:34:48.420 recession from late 09 all the way until Joe Biden. Of course, we are now in a recession, no matter what

00:34:53.780 corporate media tries to claim. So we then had a reasonable, reasonably high interest rates,

00:34:59.000 but for a good reason, Steve, because the economy was accelerating, accelerating out of a very severe

00:35:04.440 crisis. Now we have the opposite. The economy had a severe crisis, was growing significantly under the

00:35:11.200 Trump boom 2.0 as we were reopening with gusto and without inflation. And now we are right back

00:35:18.320 into the soup. And it's not just because of GDP going negative, which is has, and that's certainly bad

00:35:22.840 enough, but on practically every single metric. And we try to show so many of them on this show,

00:35:27.720 of course, to prove our point with data and evidence rather than just opinion. So what we

00:35:31.780 have right now is the worst of both worlds. We have interest rates in a place where they haven't

00:35:35.880 been in over a decade combined with a slowing economy. And that's the exact opposite of what

00:35:41.820 you expect in a normal business cycle. But this is anything but normal. And to connect the dots

00:35:46.340 between those two first points of discussion, the reason that the housing market, the reason home

00:35:50.900 builders have gotten so pessimistic, the reason they tell us that the construction industry

00:35:54.720 is in contraction, which means layoffs are looming in everything construction related.

00:36:00.040 The reason that has happened, right, is because of Biden's insane inflation, a totally created

00:36:06.280 crisis. This is absolutely critical for all of the viewers out there to understand. Let me give you

00:36:11.160 another data point, because let's bring this down to a company level. And let's get consumer focused

00:36:15.160 here as well. FedEx. And I know you talked about on the show last week, but we can pull up chart

00:36:19.520 number two, please. This is FedEx. FDX is the ticker. Okay. And this is since Joe Biden took

00:36:25.180 office. And I point out there, mind the gap, because on Friday, FedEx, which is a very big,

00:36:30.620 very sophisticated company, normally pretty predictable in terms of its earnings outlooks,

00:36:35.600 it massively, massively missed. Hence, that gigantic gap down in FedEx, down almost $100. It was $251

00:36:44.740 when Joe Biden took office, gapped all the way down Friday at the lows to $155. FedEx is, and by the

00:36:52.020 way, this UPS similarly gapped down, not as much as FedEx, but gapped down as well. So this isn't

00:36:56.640 just a FedEx story. It's not company specific. The point here is FedEx is telling us that the economy

00:37:01.940 is massively crashing at a time when interest rates are soaring. So you're literally getting buried,

00:37:07.880 you're getting blasted from both directions right now. This is because of Joe Biden. These are the

00:37:13.240 consequences of his profligacy, of his total mismanagement of the economy, when he was given

00:37:18.920 a fantastic handoff from Donald Trump, and he squandered it completely.

00:37:24.500 I want to go to your comment, because then we'll come back and connect some of these dots.

00:37:31.980 One of the biggest weeks for central banks all over the world is this week. Walk through what

00:37:36.800 you mean by that, and what's the impact on the country and people?

00:37:40.040 So our own Fed meets on Wednesday, widely expected to raise interest rates by 75 basis points,

00:37:45.500 part of the reason why the bond market is selling off, meaning selling off in price. In bonds,

00:37:50.140 as price goes down, interest rates go up. So the Fed is expected to continue to act aggressively,

00:37:55.380 as I believe it firmly needs to. Now, it was totally derelict in duty, and Jay Powell lied to the

00:38:01.640 American people repeatedly for many months, as did Janet Yellen, current Treasury Secretary,

00:38:06.560 former Fed chair, tried to fool the American people into believing that the systemic inflation that

00:38:11.860 Biden created was somehow transitory, which was their favorite word for a long time. But after

00:38:16.660 doing the wrong thing for a very long period of time, the Fed realizes it really has no choice

00:38:20.940 but to raise interest rates aggressively. And this has become a global phenomenon. And by the way,

00:38:26.020 I want to put even the global blame on Biden. And here's why. Steve, if Biden was not needlessly

00:38:31.360 escalating this war in Ukraine, what should be a regional struggle of very little importance to the

00:38:36.420 rest of the world, if it weren't for Biden insisting on escalating that regional struggle into a global

00:38:41.560 conflagration, we would not have global inflation the way we have it right now. Now, I'm, of course,

00:38:46.520 most concerned with our country, right? I'm totally America first. The rest of the countries, that's up

00:38:50.540 to them to manage their economies. But my point is, Biden's blame extends far beyond our shores,

00:38:55.500 when you connect the geopolitics and the national security aspects with the economics. And because

00:39:01.440 of that, you know, to your point, you said it's a huge week for central banks, not just our own,

00:39:05.660 but most of the major central banks of the world, Bank of England, Bank of Japan,

00:39:09.320 are meeting this week, all of them basically expected to raise interest rates in concert,

00:39:13.820 which again, I think they need to at this point. But it's just another sign of how bleak the economic

00:39:20.240 situation right now is for Americans. And to connect this back to the polling, Steve,

00:39:23.920 that you mentioned from NBC, not exactly a right wing organization, not somebody who's trying to

00:39:29.020 make us look good. On these economic issues, on the core economic issues, like cost of living and

00:39:33.660 the overall economy, Republicans aren't just in the lead. They are in double digit leads, and in some

00:39:39.000 cases, near 20%. So look, in anything in life, focus on your strengths, right? Focus on what you do well,

00:39:45.620 whether it's your business, whether it's a sporting event, whether it's campaigns, let's focus on what we

00:39:49.640 do well, where our opponent is weakest, and what we do well. And right now, the American people

00:39:54.020 overwhelmingly realize that there are created crises that exist. They are suffering dramatically

00:39:59.940 because of them on a very real basis. Remember, one out of six American households is delinquent

00:40:04.900 on their utility bill right now, the most basic bill in anyone's life. They're literally at risk of

00:40:10.420 getting the power turned off, the lights turned off. Okay, that's how significant this is. It's

00:40:15.020 something that corporate media either doesn't care to realize or just ignores because of their

00:40:20.400 willful neglect of the American people. The American people know that there's a crisis.

00:40:24.220 They're living with it. They know it was created by Joe Biden. They're looking for alternatives.

00:40:28.440 There are great candidates out there who are doing as well. But in these closing weeks, with what,

00:40:32.520 six weeks now to go, we need to make the case. We need compelling closing arguments to finish the

00:40:38.540 job because 10-year Treasury yield again today, most significant news of the day. And Steve,

00:40:43.880 to add one more point to this, which I think is crucial, what it also says is that if this

00:40:47.900 profligate spending, this exorbitant borrowing spending doesn't stop, Steve, our costs to finance

00:40:53.620 that debt are soaring and will soon become totally unsustainable, even for the United States.

00:41:00.540 Remember, we're, what's the day, the 19th? We're 11 days away from the government not having money.

00:41:05.780 The fiscal year ends September 30th. You're going to see all the madness start up. We're going to be

00:41:09.600 all over people on this. I want to go back to FedEx for a second. Jim Cramer, and not to single

00:41:14.720 out him, but let's single out him. On the 29th, I think, of June, he put out a thing that FedEx's

00:41:20.780 numbers for the year were going to be huge because of e-commerce, right? And all the bill they had to

00:41:24.440 deliver it. The CEO kind of backed that up, right? This miss, and what it shows, because FedEx,

00:41:30.880 and it ties back to your purchasing managers, FedEx is the interconnective tissue

00:41:35.540 of global commerce. They're the guys sending the purchase manager, hey, I got to get it here

00:41:40.020 right away, get it tomorrow. That wasn't a miss. That's a miss. Now, either the CEO is totally

00:41:45.100 incompetent because now he's saying, hey, it's a sign of global recession. Well, hey, dude,

00:41:48.820 you don't need to listen to watch the war room if your CEO with all that information 60 days ago

00:41:53.760 to know something's up. So either lie to misrepresent it or they were totally caught by surprise.

00:41:58.460 But this miss was so big, it shows you the global economy is not just slowing down. It's collapsing

00:42:05.320 as far as commerce goes. Steve Cortez.

00:42:08.420 No, correct. The economy, and again, this is something that has not happened in the two plus

00:42:13.000 decades since China emerged as a world economic power, when it was ushered into the World Trade

00:42:17.960 Organization on terms that were incredibly beneficial to the Chinese Communist Party, to the Beijing Junta,

00:42:23.160 terribly detrimental to the U.S. on a bipartisan basis.

00:42:25.680 In that entire period of 20 plus years, we have not seen a recession in concert of the major

00:42:32.240 economies because even in 08, 09, as bad as that was for the U.S. and the West, China powered through.

00:42:38.140 Now, a lot of that was through massive borrowing and through a lot of accounting dishonesty. It was

00:42:41.960 a lot of smoke and mirrors, but the point is it powered through. Right now, you have the U.S.,

00:42:46.280 Europe, and China, the three major economic centers of the world, crashing into the ditch in concert.

00:42:51.500 You have a synchronicity of recession right now, something we just have not experienced before.

00:42:56.560 And frankly, I don't think anybody can tell you the exact ramifications, but I can sure bet and say

00:43:01.420 with some degree of confidence that they are going to be very, very severe indeed.

00:43:05.160 Okay, short commercial break. We're going to talk about the income side of your income statement

00:43:14.120 about inflation and wages not keeping up, but now also your balance sheet. Because guess what?

00:43:20.020 That housing is also a canary in the mine share. Another hit to the American people. Upcoming. 0.77

00:43:25.220 All next. In Joe Biden's America, criminals are exalted and the police are condemned. Sad to say,

00:43:36.460 but you need to be prepared and properly trained to defend yourself and to defend your family.

00:43:41.560 Thankfully, there's iTarget Pro. This revolutionary system allows you to dry fire practice with your

00:43:47.960 actual firearm anytime in the safety and privacy of your own home. No more inconvenient trips to the

00:43:54.780 range. And with inflation causing the price of ammo to skyrocket, you save a ton of money. Just

00:44:00.340 download iTarget's proprietary app, load the laser bullet into your firearm and start your training

00:44:05.660 experience. iTarget will help you develop muscle memory, sharpen target reaction, speed, sight

00:44:11.700 alignment, trigger function, and more. iTarget Pro comes in all the major calibers so you can stay

00:44:17.200 sharp with almost any firearm. Go to iTargetPro.com right now and save 10% plus. Get

00:44:24.700 free shipping with the offer code Bannon, B-A-N-N-O-N, all one word. This makes a great

00:44:32.320 gift for Father's Day and is less expensive than a few hours at the range. That's the letter

00:44:37.460 iTargetPro.com. That's iTargetPro.com, offer code Bannon, B-A-N-N-O-N.

00:44:45.580 Getter has arrived. The new social media taking on big tech, protecting free speech, and canceling

00:44:53.920 cancel culture. Join the marketplace of ideas. The platform for independent thought has arrived.

00:45:00.260 Superior technology. No more selling your personal data. No more censorship. No more cancel culture.

00:45:07.360 Enough. Getter has arrived. It's time to say what you want, the way you want. Download now.

00:45:16.160 Okay, we've got Ben Harnwell with the Abandoned War Room. Rome has got big breaking news today on the

00:45:22.260 Georgia Maloney situation, the surge of her. They're talking about taking two-thirds of the

00:45:28.220 seats in parliament. Salvini's got a big interview up on Newsmax. John Grizzly, amazing interview.

00:45:34.660 Talks about how the right's going to govern. And Steve Cortez, it's an in-your-face. They're not going

00:45:40.100 to back off one inch to save their country. So this is spreading from the Swedish Democrats to

00:45:44.680 the populace in Canada, to Italy, United States, Bolsonaro. We're ascendant right now. And you can

00:45:51.680 tell by this, people are listening. The media can't spin them anymore. By the way, talk about spin.

00:45:57.240 So talk about spin. And this is where the White House, this is why we're up so many points. People

00:46:01.500 are not buying it. American people have common sense. Sure. Tell me about the, what did they blame?

00:46:06.100 The global economy, we've talked to you about it. We show you any metric from the purchase managers

00:46:10.480 that, what Cortez has been talking about, that that's personified by, hey, you don't need to

00:46:14.040 ship it overnight. In fact, you don't need to ship it because they don't need it. Right? Because

00:46:17.320 the economy is slowing down. That's the FedEx number dropping. We've talked about this for months

00:46:21.320 about it. What did the White House, and ladies and gentlemen, this is one of the things that I think

00:46:26.800 is upsetting people that are not MAGA. And I get this all the time. They're tired of being talked to

00:46:31.860 like children and like morons. What did the White House economic advisor blame the FedEx? Did she 0.96

00:46:37.920 blame it on purchasing managers pulling back? Did she manage it on the economy, that things just are 1.00

00:46:43.020 not happening? And so guys don't need, I don't need the FedEx tomorrow. In fact, cancel the order. I

00:46:48.520 don't need FedEx at all right now. Right? To have that kind of miss on your numbers. What did she blame

00:46:52.380 it on, sir? Steve, the theater of the absurd continues. You know, I mentioned previously how

00:46:57.920 blameworthy both Powell and Janet Yellen are. Both of them have no business in the significant

00:47:02.940 positions they're in because they've lied repeatedly to the American people. Here's a new

00:47:06.960 level of absurd lie, though. And I know the crack team at War Room is going to pull this clip at some

00:47:11.420 point. But let me just tell you, and this is from the great Tom Elliott, the founder of Gravian. If

00:47:15.240 you don't follow him on social media, folks, you should. He does a great job of indicting the left in

00:47:20.540 their own words by pulling their own clips and just presenting them to you. So this clip is from just this

00:47:25.200 morning from Heather Boushey, who is from the Council of Economic Advisors of Biden from the

00:47:31.340 White House. And this is his tweet. He said, asked about FedEx, confirming that we're already in

00:47:36.800 recession. The Biden administration's Boushey says it's not their fault, citing COVID, Ukraine,

00:47:44.400 and Puerto Rico losing electricity because of, wait for it, climate change. Because of climate change.

00:47:51.660 Now, first of all, I don't want to belittle at all what's happening in Puerto Rico. I know it's a

00:47:54.540 serious situation down there with the storm and the electricity, but the entire island of Puerto

00:47:58.280 Rico being out of business for FedEx is hardly significant to a global firm like FedEx, first

00:48:03.340 of all. But the fact that these unserious people, that somebody who was supposed to be minding the

00:48:09.840 store, the economic engine of the United States, somebody who is supposedly an expert at the highest

00:48:15.380 levels of the economy, is bringing in this ridiculous liberal narrative of climate change and

00:48:20.760 saying that that is responsible for FedEx plummeting rather than the created economic crisis and

00:48:27.800 mismanagement of the Biden administration, particularly as it relates to inflation on

00:48:31.960 the very day that 10-year yield hits the highest levels in 11 years. These are totally unserious

00:48:38.160 people. And Steve, to your point, to connect this back to politics, this is why it's very possible for

00:48:42.640 us right now, those of us in the patriotic populist movement, to win over folks who may not be with

00:48:47.160 us on a host of issues. All right? This is an important point. Maybe they don't agree with us

00:48:50.940 on everything. Maybe they're not as socially conservative as most of us are. But when it

00:48:54.580 comes to the economic pain that they're suffering, it's very real right now. They're not okay with

00:48:58.920 the status quo. And to this point, you know, you mentioned the polling, that NBC polling, which is

00:49:02.400 so significant. Let me give you another poll, which I think is pretty significant. And that is

00:49:06.040 Harvard-Harris polling. This came out just late last week. It shows that overall, Trump against

00:49:12.080 Biden, 2024 race, overall, Trump is leading by three percentage points. Among independents,

00:49:17.700 the very kind of people I think we're talking about right now, Steve, among independents,

00:49:21.160 Trump is up by eight. That's not in the Electoral College. That's in the popular vote. He is up by

00:49:25.900 eight percent right now. So again, you know, by the way, I think we're, I think we're up by,

00:49:29.980 okay. Yeah. By the way, I think the NBC poll had to check. I think, I think on independents,

00:49:34.580 we're up 23 points. It's a huge number. I'll dig that out for this afternoon. I want to go back,

00:49:39.500 ladies and gentlemen, just to look over the other side of the hill of this double whammy you're 0.91

00:49:43.220 about to get every month for 17 months in a row, real wages are dropping. So you're the hamster on

00:49:48.780 the wheel and the harder you go, the farther from behind. But we just had the most historic,

00:49:54.020 biggest drop, $6 trillion of net worth of the American people in the second quarter.

00:49:58.640 What does the interest rate pop, the 10-year treasury, the housing market statistics,

00:50:04.400 what does that tell you about the real estate market, brother, where basically 90% of people's

00:50:09.380 net worth is tied up? What does that tell you? What should people look forward to on that, sir?

00:50:13.780 Look, it says, unfortunately, the reality is where all the numbers point, where all the

00:50:18.440 trajectories point is toward the American people working harder to become poor. That is just the

00:50:23.800 absolute reality right now. And it also tells me, Steve, that layoffs are looming. When you see

00:50:29.040 homebuilders, right, in a key industry like construction, where a lot of strivers have thrived

00:50:34.800 for years, when you see that kind of a decline, a collapse in homebuilder sentiment, it tells me,

00:50:40.100 combined with the FedEx news, when you look at both the macro and the micro, what's happening with

00:50:43.980 small businesses, unable to pay their rents, 40% of them overall, according to the alignable survey,

00:50:48.880 the majority of minority-owned small businesses in America, 53% of them, did not make rent last month.

00:50:54.320 That tells me that the layoffs are looming. They're just starting now, but sadly, they're going to

00:50:59.180 accelerate in a pretty significant way. So the only thing the Biden White House has tried to hold

00:51:04.360 on to is, oh, but there's plenty of jobs. Of course, these are jobs that are just coming back

00:51:08.040 from forced layoffs, okay? They're not created positions, number one. But number two, even those

00:51:13.040 returning jobs, which are certainly welcome, the point is, they are going to start being eliminated,

00:51:19.060 unfortunately, because of what Joe Biden, because of the terrible policies that he's inflicted upon this

00:51:24.240 country. This is why Cortez is the best messaging guy out there. This is the new homage we're going

00:51:29.740 to give to Biden. This is the Biden watchword 50 days ago, to the American people, working harder,

00:51:35.040 getting poorer, right? Sums it all up, right there, Cortez. Steve, how do people get to you? We're

00:51:40.360 going to play, get you back, hopefully, Wednesday, I think. We've got a lot of your chalk talks to go

00:51:45.080 on other issues, a lot more economic analysis. But Steve's also going to be on the hustings,

00:51:49.940 supporting people. Steve, how do people get to you between now and then?

00:51:53.420 We'll be in the Pacific Northwest this week. Please come and see me if you're in Central Oregon,

00:51:57.320 just Deschutes, republicans.org. You can get tickets for that event in Bend, Oregon,

00:52:01.740 on Wednesday. And follow me, please, always on social media, I'm at Steve on The Getter.

00:52:08.920 By the way, those guys in Bend are the best. They're incredible. They're bringing Cortez out.

00:52:14.820 I love it. Steve Cortez, you're fantastic. Your stuff on Getter is amazing. Your live stream is all

00:52:19.980 of it. Keep fighting, brother. See you later in the week.

00:52:23.420 The great Steve Cortez. Okay, we're going to take a short break. Trying to track down Navarro. Got

00:52:29.260 Mark Meckler also going to talk about this rail strike. Biden might have jumped the gun here

00:52:34.080 on getting it approved. All next in the war room.

00:52:36.740 We will fight till they're all gone. We rejoice when there's no more. Let's take down the CCP.

00:52:45.840 War room posse, you already know free speech is under constant attack by the swamp and their big tech

00:52:51.440 allies. They resell your communications and personal data while lecturing and laughing at you.

00:52:57.160 I've got the solution. Unplugged Systems, a secure communications company, has an app suite you can

00:53:02.900 install on any Android phone, including its own uncancellable app store, VPN, antivirus, and highly

00:53:11.480 encrypted messenger better than Wicker, Signal, Telegram, or anything else. None of your message or

00:53:17.040 VPN traffic is stored, analyzed, or sold. Claim your security for only $10 a month. Go to their

00:53:23.600 website, unplugged.com. That's unplugged.com slash war room to install the unplugged suite. It's

00:53:30.800 secure. It's private. It's the way we stay connected and informed. Get it now. Take action, action,

00:53:38.300 action. Use your agency.

00:53:39.400 They put Peter Navarro in leg irons for simply doing his constitutional duty. Now they want to

00:53:46.180 put Peter in prison for standing up for Donald Trump. Please go to Amazon right now and order

00:53:51.780 Taking Back Trump's America to help fund Peter's legal defense. Taking Back Trump's America provides

00:53:57.740 a critical MAGA blueprint to put Trump back in the White House in 2024. Buy Taking Back Trump's

00:54:04.000 America on Amazon today. If they can put Peter Navarro in prison, they can come for all of us.

00:54:10.640 Folks, let me tell you about Soul Tea. It's a company that makes a soft gel supplement rich in

00:54:14.980 antioxidants to help people like you and me keep a healthy heart. While COVID gets all the headlines,

00:54:21.640 it's important to realize that heart disease kills nearly 700,000 Americans every year. Yes,

00:54:28.100 heart disease is the number one killer every year, year in and year out. Heart disease builds over time.

00:54:33.120 Hypertension, high blood pressure, bad cholesterol, diabetes, all of it affects our heart. A healthy

00:54:39.460 heart is key to being energetic as we get older. It is never too early to take care of your heart.

00:54:47.620 You see, heart disease sneaks up on us. You can start in your 30s and when this happens,

00:54:51.620 you're at serious risk by the time you turn 60. If you want to take care of your heart and those you

00:54:56.980 care about, please go to warroomhealth.com. That's warroomhealth.com. All one word,

00:55:03.320 warroomhealth.com. Use the code warroom at checkout to save 67% of your first shipment. That's code

00:55:10.520 warroom at checkout to save 67%. Do it again. Warroomhealth, all one word, warroomhealth.com.

00:55:17.040 Go there today. You need, if you're going to be part of the posse, you need a strong heart. You need a lion's

00:55:23.160 heart. How we're going to do that is with Salty. Go there, do it today. Check it out.

Bannon's War Room - September 19, 2022

Episode 2163： Elise Stefanik Announces Run For GOP Conference Chair; We Have An Historic Drop In Net Assets And What Is To Come Next

Episode Stats

Summary

Transcript