Episode 2221： We Are Witnessing The Collapse Of The Intellectual Financial Sphere; Breaking Up Big Tech
Episode Stats
Summary
Stephen K. Bannon on the Coronavirus outbreak in China and the global financial crisis, and why the Anglo-American financial system is the most important thing we need to know about in the world in the year of 2022.
Transcript
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Well, the virus has now killed more than 100 people in China and new cases have been confirmed
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around the world. So you don't want to frighten the American public. France and South Korea have
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also got evacuation plans. But you need to prepare for and assume broadly warning Americans to avoid
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all non-essential travel to China that this is going to be a real serious problem. France,
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Australia, Canada, the U.S., Singapore, Cambodia, Vietnam, the list goes on. Health officials are
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investigating more than 100 possible cases in the U.S. Germany, a man has contracted the virus.
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The epidemic is a demon and we cannot let this demon hide. Japan, where a bus driver contracted
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the virus. Coronavirus has killed more than 100 people there and infected more than 4,500.
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We have to prepare for the worst always, because if you don't and the worst happens.
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War Room. Pandemic. Here's your host, Stephen K. Bannon.
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Okay, we've got a lot to get to. It's Wednesday, 12 October, the year of early 2022. We've got an
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all-star lineup. I've got Mike Davis on tech. We're going to get to it in a second. I've got
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Josh Hammer from Newsweek. Brian Kennedy is going to join us. Alex DeGrasse on more
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congressional districts as the battlefield expands and now 70 seats, as Boris and I talked
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about yesterday. But I've got to go back to this, because this is the central theory of the case.
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What Lisa, I think it's Lisa Abramowitz of Bloomberg Television, said in 60 seconds is the most important,
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something the most profound 60 seconds on television in the year of 2022. She basically
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talked about this concept of fiscal domination. Fiscal domination. You basically had these governments,
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and this is why Liz Truss's fantasy about them. We're going to cut taxes. It's a fantasy,
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because their spending is so out of control over there. They can't even pay for it.
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And what she had happened when she announced it, then all of a sudden interest rates, you get the
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Bank of England had to step in because the pension funds were about to go out of business, because we
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now know they've leveraged themselves, and nobody understood this. Not just to hedge their bets in
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normal markets, they leveraged themselves so they can make more higher returns in a zero interest rate
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environment. Since 2008, the global capital markets, the whole infrastructure of global finance
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has been based upon zero interest rates. And you've had these governments just spend this kind
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of Keynesian theory throughout the world, just spend and spend and spend. And now you look,
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I don't know, it's $300 trillion of debt every, you know, if you add everything, but it's all based
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upon zero interest rates. So as soon as interest rates start popping, you're going to have, we have a
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one and a half trillion dollar deficit every year, because you got to pay for the trillion dollars in
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the Defense Department, all the other stuff. But now you're going to add on another 800 billion or
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trillion dollars in interest costs. It's not, it can't, it's not sustainable. This fiscal domination
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and the central banks of doing it, and she said, this is going to be the central issue of our time.
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But let me even pull the camera back farther. And this is going to get to OPEC plus and what
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happened in the Gulf the other day when Biden, we know Biden begged him, don't say it before the,
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the, don't say it before the election. That's even kind of noise. The signal there is the global South,
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the BRICS, the people that have the resources kind of stood up and said, Hey, this thing's such a mess.
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We're going to cut back production and make sure prices increase while we have these natural resources.
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And here's the reason since, and Cortez, I want you to jump in here in a second.
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Essentially since the American, remember the American revolution and away from the emerging
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British empire didn't really totally separate us. Yes, it gave us our independence, but we were
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still inextricably linked as a financial model, right? It was later in the civil war. You would see
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that, that Anglo American administrative state, right? Global empire. You could go to Singapore as I did
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as a young naval officer and businessman and financier with Goldman in my own firm. You could go to Hong Kong
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and Singapore and India, you could go throughout the world. And it was the Anglo American really from
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the Trafalgar and, uh, in, in Wellington's, uh, victory at Waterloo. You basically had an Anglo American
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global world set upon as much as possible. English common law and the enforcement mechanism of the
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Royal Navy. And then the American Navy, the American military, but led by the bank of England and its
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offspring, the federal reserve that essentially since 1800s is the beginning of 19th century until
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today has kind of been the rules of the game. Basically the rules of the game, the financial
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capital markets, which are inextricably linked. This has been the rules of the game. What you are
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seeing before your eyes when, uh, when, uh, Steve Cortez, my very polished waspy, uh, financial capital
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market's partner goes back to his Colombian box and said, got bitch slapped, right? That's what
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happened. And, but here's, what's more fundamental is that there is an absolute collapse in the
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confidence that at Anglo American sphere of the way things have been radically doesn't work anymore.
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Why? Because of the irresponsibility of the elites of the Anglo American sphere,
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their craven, craven irresponsibility of putting the world into this financial situation and this
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concept of physical domination with politicians backed by wall street and the corporatists have
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just spent and spent and spent with no ability to figure out how to finance it and used easy money
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from the federal reserve and from its parent, the bank of England, Steve Cortez, we're seeing the
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collapse of the intellectual, uh, and, and societal collapse of the Anglo American sphere throughout
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the world in the global South is saying, Hey, guess what? I don't think I'm in right. I want to see, I got
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to think this through myself and I'm going to husband my resources and charge you guys a lot more. Steve
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Cortez, am I wrong in the overall construct of that? No, listen, to put it in a historical perspective, you are
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exactly right. The Anglo American economic Alliance has effectively operated as one country because
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the one-time dominance of the UK, both geopolitically and economically of the world, it really
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flowed very seamlessly roughly a hundred years ago into the dominance of the United States. And because
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we were so intertwined and are so intertwined with the UK, both economically, as well as in terms of our
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heritage and our common law and our approach to finance, to law and all of it, uh, it was a seamless
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transition really for the world. And it was wonderful for the world that the global economy
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was largely dictated by an Anglo American Alliance. But here's the harsh reality right now, uh, because
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of mismanagement, because of the profligacy of both governments on both sides of the Atlantic, and then
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particularly because of the total squandering of, of this amazing heritage by Joe Biden and Boris
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Johnson. What you see right now, Steve, is the exact opposite. The UK and the U S are literally
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the worst economies in the developed world by almost every single metric, particularly by the
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metric of inflation. And what we see happening right now in the UK, make, make no mistake. These
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are, this is the beginnings of a sovereign debt crisis. Only this time it's not some unstable emerging
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market. It's England. It's the mothership in many ways, as you point out of our economic structures in
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this country. And the bank of England has clearly lost control of the situation. They did get
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bitch slapped by global bond markets. And I fear and believe that this is a sign of much worse to
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come, not just for England, but for the United States.
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Drudge has up on the main page. I've got up on my getter about the 31 trillion, but there's no
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buyers now for our securities. When, when Jamie Dimon said yesterday in that clip we play, when Jamie
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Dimon, the chairman, CEO of JP Morgan bank, he says, Hey, this is the, there's going to be a global
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credit crisis, right? And it could be ETS, but it could be sovereign debt. When he's talking
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sovereign debt, we're not talking Greece anymore, or these third world countries or anything like
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that, or Italy, we're talking the United Kingdom. And we're very shortly going to be talking about
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the United States of America. Remember the debt ceiling comes up. Reuters just reported as we've
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been talking about debt ceiling comes up in the first couple of months of next year, and they're
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going to come back with another three and a half dollar deficit. This is all converging to a spot that
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you can't, you can't kid yourself anymore. You can't just print money anymore. It's coming to a
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decision time. When Jamie Dimon talks about, I said it yesterday, he is like a papal bull coming
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out. When he's talking about a credit crisis, we are talking about a credit crisis that is going to
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dwarf 2008. And here's the kicker. That's, that's, that's, that's, that's the shot. Let me give you
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the chaser. You don't have the federal reserve anymore. You can just print four and a half trillion
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dollars under Obama, right? And, and, and, and bail out the real estate interest in the stock markets
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and the hedge funds. That's what the bank of England is trying to do right now. This is not
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a story just about English pension funds. This is a story about your life. Okay. Because trust me,
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when they had that Asia times, you know, they had that story about a global margin call. They're
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talking about insurance companies and money managers and all these guys are not supposed to
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be doing this. They're all leveraged to the hill. And once the tide receives, you're going to see who
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doesn't have a bathing suit on. Okay. Right. This is a crisis of enormous, enormous, enormous
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implications to your personal life. And when we get the political class to start to talk about this
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and it's going to be forced upon them, you can either drive action here, or you can react to what
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happened. Right now it's going to be total reaction. Cortez, any closing comments on this
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before we go to technology? Look, the UK, I refer to it as the mothership. It's also the canary in the
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mind regarding global bond markets. And lest anyone out there think, oh, this is the UK's problem,
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right here in the United States, as we speak, investment grade corporate bonds, those are high
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quality, not junk bonds, high quality bonds from the kinds of blue chip companies that everyone
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knows. They have been absolutely smashed recently. And as a matter of fact, are a decade plus lows as
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of this morning, meaning lows in price yields spiking. So the situation in bond markets, I know stock
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markets are more interesting for most folks. They're more sexy, they're more glamorous.
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But bond markets actually matter a lot more for your life. And there is an absolute crisis in
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global bond markets right now. And you're right, Steve, it's worse than 08-09 because we now have
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a credit crisis that is concurrent with an inflation crisis. We didn't have that in 08-09. So things are
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even more dangerous now. And adding to that, we don't have the balance sheet. We have Joe Biden and
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Jay Tapper, you should be ashamed of yourself. You have a crisis. We have a depression of working
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class, but you have a crisis in this nation. And you throw him a softball question. We're not in
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recession, maybe next year, never as bad as it is. Okay, let me shift gears. Obviously, we spend a lot
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of time on this, but it's only getting worse. I want to go to, I want to bring in Mike Davis. One of the
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issues we got, and this is coming up now because of the vaccine, and you're going to even, it's even
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going to get worse, right? Naomi Wolf, they're having an investigation. The British government just
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announced Naomi Wolf's interview with Mark Stein on GB News. They're having, they're going to
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investigate what Naomi Wolf had to say on the show there. I think they're pulling, may even pull Mark
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Stein's show off until they do it. The tech oligarchs, and this is because they already shut her down
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everywhere. The tech oligarchs out of control. We know we're going to take the house. Jim Jordan's got a
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theory of the case of the tech side. Mike Davis and Steve Cortez have another theory of the case.
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The question for both you guys, I'll start with you, Davis. Where are you trying to get to? What
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you guys are, like me, are the hardcore about this anti-oligarch, we got to take these guys apart.
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So walk through, Davis, where do you think we got to go, and how do you get there?
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So the goal is to break up big techs gatekeeping power over online commerce and information,
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and the way you do that is through the antitrust laws. We've had the Sherman Act on the books since
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1890, the Clayton Act on the books since 1914. The plain language of those statutes would allow the
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federal antitrust law enforcement agencies, the Department of Justice's antitrust division,
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and the Federal Trade Commission to break up big tech and end these anti-competitive practices.
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But the problem is that we have what's called the Consumer Welfare Standard. And with the Consumer
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Welfare Standard, it started in the Chicago School. It's actually a conservative concept
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started by Bork, Scalia. And it's essentially conservative judicial activism that rewrites
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the Sherman Act, that rewrites the Clayton Act. So you have to look at price when you're determining
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whether there's an antitrust violation. The problem with the Consumer Welfare Standard,
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as it relates to big tech, is we get these, we get Google searches, we get Google Maps,
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we get Facebook, we get Twitter, we get these, these digital online apps for free, or we think
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they're free. We're not paying for them. We're actually paying a lot for them in the sense
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that they are surveillance. They are surveillance companies that figure out as much information
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as they can about us, our movements, our searches, our travel, and they sell us to advertisers.
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That's how they make their money. But under the Consumer Welfare Standard, it is almost impossible
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to bring antitrust lawsuits against big tech. And so they have enjoyed antitrust amnesty for too long.
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And they've grown to trillion dollar companies that are crushing competition, shuttering small
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businesses, and canceling conservatives. They have too much market power, and they're able to use that
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market power to do harm to the competitive market. So if we are free market conservatives,
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we have to have a functioning market in order to have a free market. So what we have to do is update
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our century-old antitrust laws as it relates to tech, so we can actually use federal law enforcement,
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state law enforcement, private enforcement to use our antitrust laws to break up big tech's
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gatekeeping power over commerce and information. And Ken Buck, Chuck Grassley, Mike Lee, Tom Cotton,
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and many other conservatives are pushing a package of bills right now through the House and Senate
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that take the first step into breaking up big tech. And that needs to happen.
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Okay, hang on for a second. I've got Josh Hammer. I have Brian Kennedy. I got Cortez. I got Mike Davis
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with PAC. Alex de Grasse is going to join us on some mathematics. We've expanded the battlefield now
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into the 70s of House districts that are competitive, including in New England, Rhode Island,
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Connecticut, New Hampshire, maybe even Vermont. Of course, nine in New York. All next, as reported
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by the Washington Post, not Gateway Pundit. All next, in the war room.
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War Room. Pandemic with Stephen K. Bannon. The epidemic is a demon and we cannot let this
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demon hide. War Room. Pandemic. Here's your host, Stephen K. Bannon.
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Okay, Cortez has held over for a few minutes. He's got to bounce, but he and I are going to develop
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this thesis on the Anglo-American sphere and the capital markets because this is going to have a
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massive impact in the country's life and your personal life. Steve, real quickly, and Davis
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is going to come back and develop this a little bit more, but overall, is the Davis approach,
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when you keep saying, hey, we need Teddy Roosevelt and trust Busters, we have to go off these oligarchs
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and they have to be broken up. And I mean, really broken up. Is his line of attack what you're
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talking about? Yes, precisely. We've got to be incredibly aggressive. We have to realize what
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time it is in America and the scale of the threat. These oligarchs are threatening the very
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American republic. And let me give you a piece of evidence to back that statement.
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You had a superb interview with Dr. Latipo, the Surgeon General of Florida, whose qualifications
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are beyond reproach. His analysis of the risks to young men of the vaccine, his analysis was
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literally censored by big tech. A sitting Surgeon General of one of the biggest states in America
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laying out a scientific case was censored by big tech. That alone, and of course, there's many such
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instances, but that alone should be enough to warn people that we can't tinker around the edges with
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some Section 230 reforms. No, these companies need to be broken up and regulated. And let me be
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specific here. What I would love to see, and this would really show that the America First Women has
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power and that the Republicans mean business, this new Congress, one of the things that they can do
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is say tech companies, once they reach a certain size, no more mergers, no more acquisitions,
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because a lot of these behemoths, they haven't just grown organically. They've grown through
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constant, massive mergers and acquisitions. It's not good for our country. The concentration
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of economic power, of political power, of speech, power over free speech, it has largely happened
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because of M&A. How about we say no more M&A for you, Google, Apple, Microsoft, all of them. That would
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really show that we actually mean business and we want to represent the American people rather than
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multinational corporateness. I also think you got to do what you did to the regional
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breaking up AT&T, the regional bail operating companies. These companies got to be publicly
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regulating the digital. So we'll get to all the details. Cortez, real quickly, how do people follow
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you? Because you're on fire, brother. Yeah, please find me on the getter. I'm at Steve. I did a
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live stream last night that you can still watch there on the Senate, where I predict we're going to
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end up with 54 Republicans in the Senate. You can also follow me on Twitter at Cortez Steve,
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Cortez of the Ness. Thanks. And thanks for hanging out. So Mike Davis, here's what I think we
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need to do. And maybe we do a presentation or you do it, write an article and we come back and do it.
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But I think we need to see the Davis, Cotton, Grassley line of attack and what I would call
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the Jim Jordan line of attack. Your biggest concern with the Jordan is that you spend this time,
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you get up, you eventually go to the Supreme Court, but you don't win. And so we're back. It
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takes us years and we're back to the beginning. Whereas your line of attack, you're saying this is
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actually going to give us traction to get to Cortez's really take on big tech. Is that the two
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theories of the case? Yeah, that's fair. So Jim Jordan put out a framework back in July of 2021
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when Ken Buck was pushing these bills through the House Judiciary Committee. Jordan doesn't have
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bills yet, but the problem with the framework is it doesn't address the consumer welfare standards.
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So what's going to happen under Jim Jordan's framework is big tech will be able to get to the
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Supreme Court quicker, faster, cheaper, and win because it doesn't fix the consumer welfare. So we have
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to fix the consumer welfare standard with conservative all-star Ken Buck's bills in the
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House, Chuck Grassley, Tom Cotton, Mike Lee. We need to get this done.
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Okay. The power of war room is this is what we do. Nomenclature, critical path, process,
00:20:16.560
statics, and dynamics. We need you to lay this out. I think we need an article or piece from the
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great Mike Davis. Then we'll get into a robust debate because this is going to be top drawer.
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And the Latipo, by the way, Dr. Latipo, we're trying to get him back on tonight.
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Washington Post came out yesterday with trying to refute him. And I don't think they refuted him.
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They tried to say the study didn't work and I don't think they really did it. So it's a perfect
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example of Latipo just being blown off of Twitter immediately. We had Dr. Peter McCullough on last
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night. They took him down 500,000 followers. They took down Peter McCullough. Mike, how do people get
00:20:51.360
to you and particularly all the time you're spending on this war against big tech?
00:20:55.180
Yeah. Thank you, Steve. It's article3project.org, article3project.org,
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at article3project, at article3project on Twitter, DebtorTruth. And my personal is at
00:21:12.180
And I want to go to the live chat. I want everybody to vote on Julianne Murray as attorney
00:21:17.740
general and her deputy attorney general will be Mike Davis. I think that's how we sort this country
00:21:25.520
out. I would get zero votes in the Senate. Maybe a charity vote from Grassley, but that's
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I got the TV rights for your confirmation hearing. Mike Davis, thank you very much, brother.
00:21:39.740
I want to go now to Josh Hammer. It's about Ukraine. But Josh, first off, you've made Newsweek
00:21:47.680
magazine, the opinion section, the analysis section, a go-to spot because as somebody heading
00:21:55.300
it up and running it, you've made it a place where really active, great debate takes place.
00:22:00.160
Walk us through that first before we talk about your piece on the Ukraine.
00:22:04.100
Yeah, Steve, great to be with you. First of all, Mike Davis is a very dear friend of mine.
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And I actually volunteer with his Internet Accountability Project Group. So great to be
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here with Mike. You know, Mike and I see I tie on the big tech issue. That really is one
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of the biggest issues we face. But as far as Newsweek is concerned, I mean-
00:22:17.560
So hold on, but hang on, hang on. Well, well, well, before we go to Newsweek, we'll tell us
00:22:20.060
about in this, we have two, look, Jordan's a revered figure, right? And Mike Davis is going
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to be a revered figure here in the war room because that's such great work.
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Of those two theories of the case, why do you support the Mike Davis, Cortez, Bannon,
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Cotton, more, I'm not saying radical, but more, we got to take these guys on and deconstruct
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big tech oligarchs versus I think the Jim Jordan's a little more incremental and a little
00:22:45.280
Steve, I went to the University of Chicago Law School. I mean, I took antitrust at UChicago
00:22:49.440
Law School. I mean, I am as familiar as they come with kind of consumer welfare standards,
00:22:53.620
zombie Borkism theory in the way that's, you know, some acolytes at the FTC and George
00:22:57.720
Mason University Law School kind of retcon what Bork actually said. The point here is
00:23:02.460
that we live in a world right now in the year 2022 where corporate tyranny and concentrated
00:23:07.840
corporate power is just as big and I would actually argue is a bigger threat, is a bigger
00:23:13.220
threat right now than concentrated political power. We live in a world where corporate tyranny
00:23:18.100
is a real, real thing. And our people, the deplorables, are being subjugated and dehumanized
00:23:23.260
on a day-to-day basis. We are unable increasingly to access our basic kind of civil rights of
00:23:28.540
platform access, increasingly financial services. De-platforming and de-banking are new civil
00:23:33.920
rights struggles. And if you're not willing to kind of get your hands dirty and talk about
00:23:38.160
old school trust busting, antitrust, increasingly I've been pushing common carrier regulation through
00:23:43.180
the FTC. You know, if you're not willing to kind of talk about that, I mean, Section 230,
00:23:47.540
it's important to talk about that. And Clarence Thomas on the court has done yeoman's work on
00:23:51.420
that. We actually have a case right now going up to the court, a case involving Google where the
00:23:56.260
court could potentially pare back the so-called Good Samaritan provision of 230. But if you're
00:24:01.080
not willing to talk about antitrust and common carrier regulation, you're just simply not going
00:24:04.840
far enough. As Steve said, you don't know what time it is.
00:24:08.800
How did Newsweek, which is supposed to be a left-wing publication, how did they end up getting a guy like
00:24:15.140
you involved in making decisions about what actually the opinion section goes up? How did
00:24:20.840
that work out? Because you seem to have a very unique take on things.
00:24:26.020
I appreciate it. Look, I mean, if you go to newsweek.com slash opinion, you'll see, I mean,
00:24:30.260
every single day we're putting up the full spectrum of viewpoints. I mean, I'm obviously quite publicly
00:24:34.580
a right-winger, but we're not publishing exclusively right-wing content. I mean, we run the entire
00:24:39.280
spectrum. So I have four deputy editors. I've hired all four of them. So including me, that's a team of
00:24:44.100
five. I like the joke that we're two and a half right of center, two and a half left of center.
00:24:48.080
My deputy editor, Badia Ungar Sargon, is kind of the one who kind of splits the middle a little bit
00:24:51.660
there. But we're putting up a lot of conservative content. I mean, we really are. And not necessarily
00:24:56.140
just kind of, you know, controlled opposition, kind of faux neoliberal righties. I mean, we've
00:25:00.620
published some hard-charging conservatives. I mean, people like my friend Jack Pasoba, who I know is a
00:25:04.620
dear friend of this show. We publish Amy Wax, Darren Beattie. I mean, I could go on and on. But if you go to
00:25:10.380
the mission statement on the bottom of newsweek.com under the current ownership, you will
00:25:14.080
see that we are committed as a company to airing a full diversity of viewpoints. And they take that
00:25:19.600
mission very seriously. I've been there now two and a half years. And my mission since day one
00:25:23.940
has been to try to implement that vision where we run the entire spectrum as best we can do every day.
00:25:29.000
It's the best opinion anywhere on the in any print or on the internet, because you've got
00:25:35.740
tough, smart folks on the left. I mean, if you want to go and get a full reading, it's not slanted in
00:25:44.620
any one direction. That's what I really admire about it. Talk to me about this piece that really
00:25:48.420
got my attention on the Ukraine. We started, I don't know if Burkwam's still around, we started on the
00:25:52.240
southern border today with a couple of sheriffs in these counties down in south Texas, the Rio Grande
00:25:56.980
Valley. They're just being overrun by the cartel, by the invasion. And our point is, this is the border
00:26:02.160
we got to focus on not the Russian speaking eastern border of Ukraine. But walk us through
00:26:07.040
your piece, Josh. So, Steve, my stance on this conflict has been really consistent since the
00:26:13.280
get go. So there's a lot to be said about Vladimir Zelensky. I mean, he is oligarchic. He is corrupt.
00:26:18.400
He is a shill upon of like the Soros NGO neoliberal cabal class. I mean, you and I both know that at the
00:26:24.540
same time, if the choice is between the Zelensky regime and kind of a Lukashenko style Belarusian
00:26:29.980
puppet state in Kiev, I have said since day one that of those two poor options, I would gladly
00:26:34.920
roll the dice with Zelensky. The issue, the issue is that with some exceptions, I mean, we saw some
00:26:40.980
exceptions actually just over the past few days, but with some minor exceptions and some minor flare-ups,
00:26:46.120
Kiev is not actually under assault anymore on a day-to-day basis. Again, the past few days has
00:26:50.440
changed the calculus a little bit, but really not that much. The Russians largely retreated from Kiev
00:26:54.740
back in May. And right now, we are just seeing kind of two Slavic countries fight over basically
00:27:00.320
ethnically divided kind of 50-50 Ukrainian-Russian regions in far eastern Ukraine and to a lesser
00:27:06.100
extent Crimea. And, you know, the Russians and Ukrainians can deal with that conflict as they
00:27:11.100
want. But that particular conflict over the Donbass region, Luhansk, Donetsk, Crimea, that simply does
00:27:17.300
not affect the U.S. national interest. I mean, from, you know, from an America first kind of national
00:27:22.060
conservative, national interest, foreign policy perspective, I fail to see how in far eastern
00:27:28.180
Ukraine, where exactly these regions take their orders from, whether it's Moscow on the one hand or
00:27:32.660
Kiev on the other hand, that's simply not in the U.S. national interest. But nonetheless, the Biden
00:27:38.380
administration and the United States and NATO's really, frankly, approach in general since day one
00:27:42.540
has not shifted an iota. They are still backing Zelensky to the health, the rhetoric, the policies,
00:27:47.660
will give you whatever you want, all the weapons, all the money, blah, blah, blah. And at this point
00:27:52.180
in the conflict, at this point in the conflict, that is reckless and totally irresponsible. We
00:27:56.860
should be using our clout and our diplomatic pressure to get them to the negotiating table
00:28:01.620
immediately. Josh, how do people get to you on social media? How do they get to you at Newsweek?
00:28:07.360
I'm Josh underscore Hammer on Twitter. I have a getter. I probably should use it more often, but
00:28:11.280
go ahead and check out Newsweek dot com slash opinion. Fabulous job over at Newsweek and great peace on the
00:28:17.540
Ukraine. Thanks, Josh. And thanks for the help on tech, too. Brian Kennedy, Alex DeGrasse, next.
00:28:25.160
War Room Pandemic with Stephen K. Bannon. The epidemic is a demon and we cannot let this demon hide.
00:28:32.700
War Room Pandemic. Here's your host, Stephen K. Bannon.
00:28:39.240
Okay, MyPillow.com. We have Mike Lindell. They're sending relief kits down to South Florida,
00:28:46.320
Fort Myers. He's going to join us at the top of the hour. Make sure you go to MyPillow.com,
00:28:51.940
promo code War Room. You got the sheet set, 2988, but you got everything else there. Buy one,
00:28:57.240
get one, freeze all the sales. MyPillow.com, promo code War Room. You can't get a big box. You can't
00:29:02.380
get it at Walmart. You can't get it on the shopping channels anymore because he believes in election
00:29:07.960
integrity. Let me go now. I got Brian Kennedy. We have a lot of programming we're going to do,
00:29:13.980
including War Room and a big special. We're going to have all the news and politics, but we're
00:29:18.280
talking about the 20th Party Congress of the CCP, the mortal enemy of the Chinese people and the
00:29:25.180
citizens of the United States of America. Brian Kennedy is the founding chairman of the Committee
00:29:28.860
on the Present Danger China. Brian, with everything else going on in people's lives, why should they
00:29:34.080
spend a second working with us in the War Room on Saturday? Then we're going to have, I think,
00:29:38.160
a special at 8.30 at night, live coverage with the Committee on Present Danger as they kick off
00:29:43.240
the 20th Party Congress Sunday morning in Beijing. Why should anybody pay attention to this, sir?
00:29:49.380
Well, look, Steve, thanks for having me on. The Chinese Communist Party is the most powerful
00:29:55.160
enemy the United States has ever had. And on Saturday into Sunday, the 20th Party Congress
00:30:04.300
of the Chinese Communist Party will be held, where Xi Jinping will be given a third term as secretary
00:30:10.540
of the Chinese Communist Party. Xi Jinping is extremely capable. One could argue he's the most capable
00:30:18.140
political figure in the world today. He has managed to conduct a biological war against the United States
00:30:27.900
and get away with it, which led to the theft of the 2020 election. And he's preparing now for war
00:30:34.700
against Taiwan. And so even though we care a great deal about our own politics, we have to realize we
00:30:41.820
have an enemy who is preparing to take down the United States. The same way we want to take down the CCP,
00:30:49.180
he wants to take down the United States. He's extremely powerful in China, and he's preparing to take
00:31:00.700
Is this 20th Party Congress going to make him emperor? We say third term. Is it emperor for life?
00:31:06.780
Is he now, just like an emperor, even more powerful than Mao? And does he consolidate power over the
00:31:12.380
Chinese Communist Party, the state of China as its head, and the PLA as they have its military, sir?
00:31:17.820
Well, it's hard to say whether he's, quote unquote, an emperor. But the reason they're going with him
00:31:25.020
yet one more time is because he's winning. Let's think of it that way. He is winning. And the Chinese
00:31:32.060
Politburo believes he is winning. And so they're going to give him a third term. There's still politics
00:31:38.940
in China. If he fails, they'll replace him because they're a ruthless dictatorship. But for now,
00:31:45.660
he has power. He's winning. He's going to consolidate that power. It's not so important
00:31:51.100
that he's so-called an emperor of China. What's really important is that he continues to make
00:31:57.740
progress in bringing down the United States, corrupting our elites, and conducting unrestricted
00:32:04.060
warfare against the United States. It's been our purpose at the Committee on the Present Danger China
00:32:10.140
to explain that to the most important Americans. And thankfully, we have here on the War Room,
00:32:16.300
you as one of our founders, helping us to explain that to the American people.
00:32:22.060
Yeah, Brian, where do people go today to find out more, our webinar series,
00:32:28.060
more about the Committee on the Present Danger China, and also you, your social media,
00:32:31.980
and your websites? How do people follow all this?
00:32:34.540
It's a presentdangerchina.org is our website where there's a bunch of webinars and a bunch
00:32:40.860
of writings that people can access. My own social media is on getter at Brian T. Kennedy.
00:32:47.820
Thank you, Steve, for all you do in these most important times.
00:32:53.020
Brian will be joining us back on Saturday. We're doing a lot on the 20th Party Congress
00:32:56.860
on the morning show, and then that night at 8.30, live from Dallas, Frank Gaffney and the team down
00:33:01.820
there, Sam Faddis and many of the contributors. We're going to try to figure out how to get that
00:33:05.820
up so everybody can see it as it kicks off Sunday morning in Beijing. By the way, the only people,
00:33:10.940
I think, besides Bloomberg doing live coverage. Brian, thank you so much. I appreciate all the effort.
00:33:18.300
A true patriot, Brian Kennedy, Chairman Emeritus of Claremont. Let's go to Alex DeGrasse. Alex,
00:33:24.780
and I thank you for changing your schedule and coming on, but here's the reason. Not Breitbart
00:33:29.100
and not Gateway Pundit, not Citizens Free Press or the New York Times and the Washington Post. Not
00:33:36.780
exactly friends of MAGA. The New York Times has had a major story about the most competitive state in
00:33:43.980
the union right now for competitive congressional districts is, wait for it, New York State with nine
00:33:49.260
in play. And this is all because of the hard work of Team Elise, Elise Stefanik and Alex DeGrasse.
00:33:55.740
But in addition, the Washington Post drops a bombshell today that the most competitive region
00:34:01.100
in the country is New England from Rhode Island to Connecticut to New Hampshire. Alex DeGrasse,
00:34:06.700
you called this shot weeks ago. Walk us through what's happening that we've expanded the battlefield
00:34:12.140
now to New York State and to New England, sir. Thank you, Steve. Absolutely. We talked about
00:34:19.020
it on the show weeks ago, not only that the fact that New York has, you know, essentially the most
00:34:23.740
competitive seats more, you know, more so than anywhere else in the country. We are on track.
00:34:29.580
I think that we are more competitive in more than nine seats. So, but we agree with the New York
00:34:33.980
Times that it's certainly the most. And I think the big issue is when we talk-
00:34:37.820
Hold on, hold on, hold on. Hang on. Whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa. Because
00:34:40.620
you've been, you're saying right now, as you Team Elise and the NRCC, as you guys look at it,
00:34:44.780
you think we're even more competitive than nine seats in New York? You think it may be more that
00:34:49.660
we're competitive in? Yeah, I think we are competitive in more than nine seats. I think
00:34:54.220
people are going to see it. It's going to might be one of the biggest surprises on election day,
00:34:58.060
is the fact that New York, I believe, will sweep red. We've got the posse all over the place. We were just
00:35:03.260
with Elise and I went downstate. We were campaigning for Republicans across New
00:35:07.660
York. We went over to Connecticut last night. It's all war room. MAGA patriots on the ground
00:35:12.700
rallying like we've really never seen before. It's so good to hear the feedback from voters,
00:35:16.940
Steve. So it's definitely what keeps us going. But the important thing is crime, inflation. All of
00:35:22.220
this is like exacerbated in states that are blue governors, single party rule. I mean, crime in New
00:35:28.700
York, they just had a shooting outside Lee Zeldin's house. It's getting out of control. Even upstate,
00:35:34.540
we had a bank robbery in hometown New York in Glens Falls, where our campaign is based out of.
00:35:40.060
You know, this stuff, no one's seen before. And it's essentially the issue set is even stronger
00:35:44.380
in states like New York. And we're doing well with Hispanics, Asians, Eastern Europeans.
00:35:50.700
It's, you know, the Asian community really rallied behind President Trump. It's one of the most
00:35:54.780
untalked about stories, how well President Trump did in the city of New York.
00:36:00.620
And in the mayor's race in Queens, two-thirds of the voters, the Chinese-Americans voting Republican.
00:36:07.180
Let me go to New England. Rhode Island, too. Hasn't had a Republican since in 30 years.
00:36:12.380
These Connecticut seats. You got Caroline Levitt, and you got New Hampshire, too. She's in one.
00:36:19.580
You got New Hampshire, too. Yeah, you got New Hampshire, too. You got Bolduc. But then you got
00:36:24.060
other seats, Maine, too. How did we get competitive? The bastion of progressivism is New England.
00:36:31.020
They've considered that a lock. How did this happen?
00:36:35.020
It happened really because of Joe Biden's crisis, like we've talked about on the show, Steve.
00:36:39.580
And the fact that these Democrats are 100 percent complicit in voting in lockstep with Joe Biden
00:36:44.940
and Nancy Pelosi. I mean, as you know, we're away. I'm in upstate New York right now. Heating bills
00:36:49.900
are going to come in. National Grid just came out, said it could be double in price. It's the same in
00:36:54.540
New Hampshire, Maine, all of these states. Actually, I've seen numbers in the Senate race in Vermont
00:36:59.660
that's much tighter than people think. So it's not even just the House. It's total, you know,
00:37:04.380
like the dogs are out, Steve. It's getting crazy up there. And yeah, I want to tie this back to how
00:37:13.900
strategically important this is. Three weeks on the show, you said every dollar they're spending,
00:37:19.020
80 percent of their dollars is in defense. 80 percent of our dollars is in offense. That's
00:37:24.300
how we expand the battlefield. When do you think the inflection point comes? When did they start
00:37:28.700
cutting their losses and concentrate on seats that they have to win? When does that happen?
00:37:34.460
I think that is in the next week, Steve. I think when we're about close to two and a half,
00:37:39.100
three weeks out where the it kind of gets the cake kind of gets baked. Right. You're not really
00:37:43.740
able to possibly kind of get up on TV. You know, in the last week, it's kind of tough to move numbers.
00:37:49.500
I think that's when things are going to get really crazy on their side. The New York Times article says
00:37:53.420
it best. They let the baby out. I mean, they said in their own article that Democrat inside internal
00:37:59.820
polls have Sean Patrick Maloney neck and neck. So we know what that means. He's losing. He's going to
00:38:05.340
have to take money away from other Democrats to prop himself up as a member of Democrat leadership.
00:38:11.340
And the whole thing is going to crumble, Steve. I mean, this guy carpetbagged into another seat
00:38:15.820
down south of him because of the redistricting fiasco that he put forward. And now he's losing in
00:38:20.940
every single poll that we have on the Republican side that we are able to win Westchester County,
00:38:25.740
Rockland. I mean, it's heads are going to explode and we will win. We need people to dig deep and get
00:38:30.540
out there. I want everybody give the sites where they can go to get more information. Everybody,
00:38:37.180
if you can't stroke a $50 check, what you can do is volunteer for a phone bank to do it. There's all
00:38:42.780
types of possibilities to get engaged here. You want to be part of this sweeping victory. You want to say,
00:38:48.060
hey, I was there and I was working on it. I wasn't just watching War Room. I'm doing it.
00:38:52.300
Alex, how do people find you on social media, but more importantly, how they go with the NRCC,
00:38:57.020
Team Elise? Where do people go to get more information about New England and New York
00:39:01.260
and the sweeping victories that are before us if we put our shoulder to the wheel?
00:39:04.700
Absolutely, Steve. So if you want, you can email Team Elise for congress.com. So that's
00:39:10.620
team at Elise for congress.com. We can set you up and connect you directly with these campaigns on the
00:39:16.140
front lines. You can go to NRCC.org. If you're interested in looking at the memo on the house
00:39:21.580
raises, you can go to www.redwave2022.com. It kind of breaks it out for us in terms of which
00:39:29.340
seats Trump won, which seats Biden won by five. Because Steve, what we found out was some people
00:39:34.220
don't even really, they're just kind of energizing. They don't really know. They're just waking up
00:39:37.980
and being like, wait a minute, Republicans winning in Connecticut? Like Kamala Harris,
00:39:41.740
they just brought in Kamala Harris last week, Steve, to Hartford, Connecticut to prop up
00:39:47.580
a failing candidate. I mean, this is getting crazy. Just had Biden in Poughkeepsie, right?
00:39:53.580
I mean, the whole thing is nuts, Hudson Valley. So they see the numbers we see, Steve. And I'm
00:39:57.500
on social media at DeGrasse, Alex DeGrasse on truth. But thank you guys, everyone. It's going
00:40:01.500
to get real tough. So we appreciate the help. Let's get into the fight right now. Alex,
00:40:05.820
thank you so much for the good guidance. That's why Obama, they're calling Obama,
00:40:08.780
said it's existential. We can't take Biden. You got to come and say, no, do we have the,
00:40:12.380
uh, do we have the, uh, the Carrie, do we have the Katie Hobbs thing? Can we play that? Can we
00:40:16.620
play the Katie Hobbs quickly before I introduce John? Yep.
00:40:18.700
Oh my gosh, how's it going? Didn't mean to scare you there.
00:40:26.060
That's a brief question about the statement that he's made. Oh, he's going to shut up.
00:40:30.700
I don't want to talk to you. I don't want to talk to anyone who I don't know.
00:40:34.700
Is that an AR-15? That is an AR-15. Easier to fire. Let me have it. Let me have it.
00:40:38.700
Really? I could play that all day. That's, we're going to get the Veritas guys on. Katie
00:40:42.140
Hobbs is running away from the reporters so quickly. She spills her coke. It's so,
00:40:46.140
I don't want to talk to anybody that's, I don't know about politics. She's, that's a,
00:40:49.660
that's going to be a winner. Get up on a debate stage. John, yep. Tell us about this event.
00:40:54.380
You're going to have an Arizona, what Catholics for Catholics. What is it, sir?
00:40:58.300
Steve, uh, we were sitting around in the summertime and just looking at the races and it just hit us
00:41:03.340
like, um, we, we compared to when general Warren on little round top was sent up there to scout the
00:41:09.580
battlefield at Gettysburg. And he just, it just hit him like a truck. Like, how is this possible
00:41:15.820
that we have five candidates in the most important races, the governor, secretary of state,
00:41:21.660
us Senate and two key congressional. And all of them are close, but all of them down to a T are running
00:41:27.100
up against Democrats who refer to themselves as Catholic. Now as a Catholic myself, you yourself
00:41:32.300
as Catholic as well. It's like, that just can't be, you just can't throw that title around. And so
00:41:38.300
a group of us got together and said, we're going to get involved and reclaim that word Catholic.
00:41:43.500
So October 13th, Feast of Our Lady of Fatima, you know, the significance of that date. Um,
00:41:48.700
we have a general Flynn, uh, headlining an event for us with father James Altman and, uh,
00:41:54.300
a slew of candidates are going to be there to, uh, reclaim the word.
00:41:58.060
John, John, hang on for one second. I want to get this all out after the break. We got the great
00:42:02.780
Mike Lindell, a huge project of my pillow that only Mike Lindell can pull off. John Yep from
00:42:08.860
Arizona, Mike Lindell from the great state of Minnesota, all next in the war room.
00:42:24.300
Getter has arrived. The new social media taking on big tech, protecting free speech
00:42:31.260
and canceling cancel culture. Join the marketplace of ideas. The platform for independent thought has
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00:42:44.780
culture. Enough. Getter has arrived. It's time to say what you want, the way you want. Download now.
00:42:54.300
Okay. Everybody's got to get together. Getter. We're all our contributors on. They get the total
00:42:58.060
immersive experience. Also, we're putting up doing lives all the time. Uh, Cortez does these amazing
00:43:03.020
live Navarro, all of it. So go download today. And remember, I'm a moron when it comes to that stuff
00:43:08.140
and I can use it. So it's the simplest thing in the world. Uh, yep. Uh, tell me once again,
00:43:13.660
give me the thing on the 13th. Where do people go? Everybody in the greater, uh, Metro Phoenix area
00:43:19.020
or anywhere around Arizona, New Mexico, Texas can come to this. Mike Flynn, uh, heads it up.
00:43:23.980
What's going on and how do people get there? Absolutely. Uh, Catholics for Catholics is
00:43:29.100
sponsoring their inaugural event, uh, October 13th in Metro Phoenix. You can go to our website,
00:43:34.540
c4c.com, letter c-f-o-r-c.com, or you can text 602-737-1111 and keep up the date that way.
00:43:45.980
This is going to be a special night. If, if you understand the importance of the Catholic vote
00:43:52.220
and how we vote and how we decide elections, then you need to be there and either support,
00:43:56.620
uh, either with your prayers or your presence in person. And Steve, we really hope you can make it
00:44:01.580
yourself. We would love to have you part of the party. Well, so it's such a special event and you're
00:44:06.860
right. This is, this is definitional. It's got to be stated. And I, I'm really proud that you guys are
00:44:11.660
doing this in Arizona is the railhead of this fight. So it's so important to do it in Arizona.
00:44:16.780
John, thank you very much. We look forward to pushing this out hard. Thank you, brother.
00:44:23.120
Mike Lindell, Mike Lindell knows that, that Mike Lindell knows that Arizona is the railhead.
00:44:27.820
Remember because of Mike Lindell's work in the state of Arizona to get to the bottom
00:44:31.560
of what exactly happened to make sure we can have free and fair elections. He was canceled on
00:44:35.760
the home shopping channels at retail, the big boxes, and finally Walmart. And I got to tell you,
00:44:42.220
and this is why this guy's a special guy. Most guys would spend 150% of the time working on their
00:44:47.280
business. And he does that, but he carves out the other a hundred percent. He's working on, um,
00:44:52.580
on election integrity to make sure this country goes, doesn't go through this problem again.
00:44:56.380
In addition, he's got the, he's got the, the Christian based drug network to get people off of,
00:45:01.940
uh, off of drugs and to be saved by turning their lives over to Christ. But on top of all that,
00:45:07.300
he's also doing all types of philanthropy and Mike, what you guys have done, uh, starting last
00:45:12.700
night and what's going to head up, tell us what, tell us what happened. Let's get the photos. What
00:45:15.920
did you guys, what did you decide to do with the team at my pillow and what's going to, how are we
00:45:20.780
going to start war room tomorrow morning at 10 o'clock, sir? Well, they worked, uh, they worked all
00:45:26.040
this last weekend and they were very excited. We've done it with other hurricane victims before and other
00:45:30.820
disasters. And, uh, they worked all, all weekend. And, uh, we sent a, uh, the first truck headed
00:45:37.240
south. Uh, I believe it arrives, uh, um, early tomorrow morning or later tonight. Um, that's
00:45:44.220
our Frank's beach truck there that they, uh, but it's loaded with, uh, uh, my pillows and blankets
00:45:50.940
and Bible pillows for the kids. Um, and, uh, I'm just looking forward to Steve. We're, we're
00:45:57.160
meeting them. I'm meeting them there in the morning in, uh, Fort Myers. I'm with Samaritan's
00:46:02.200
purse, everybody. And they are awesome. By the way, Samaritan's purse, a, uh, Franklin
00:46:06.860
Graham, that is all that worked with them before. They're amazing. And we're going to go right
00:46:11.380
into the neighborhood, Steve. We're going to, I'll be, I'll be, uh, um, talking to the people
00:46:16.300
just like I did with the other hurricanes. And, and I, I so look forward to that. And, but
00:46:22.500
my, um, um, um, we've got, uh, we, we, like you say, we've added blankets to the pillows
00:46:27.680
this time. Uh, it was requests for hearing down there that they, uh, uh, the blankets were
00:46:32.760
needed. So, so, so, so, so when I left you in New Mexico, you then went to both rallies.
00:46:36.720
You were in Nevada and you were in Arizona. You talked, the speeches were incredible. Your,
00:46:40.580
your time in New Mexico was just insane. You guys, my pillow, you went back, you guys were
00:46:46.460
putting together, making these blankets and pillows and Bible pillows, everything to ship
00:46:51.520
down to South Florida to help the, uh, hurricane victims. Is that what the, my pillow team was
00:46:56.960
working on? Absolutely. As we were, as I was out there, we're always, we're always doing a lot
00:47:02.080
of different things. And in the meantime, we set up the, my pillow shop or the, my store shopping
00:47:06.880
channel. So we had a bunch of entrepreneurs working on that. Some that had came up here to
00:47:11.480
my pillow and, uh, uh, working on that and filming. So, um, it's just, we, we're just doing a lot
00:47:17.580
here. And, uh, but the employees, they really, it gives them a lot of, um, um, it makes them all
00:47:23.380
feel really good that they're helping others. And, you know, cause we get attacked all the time,
00:47:27.860
Steve. And, uh, you know, my employees, they, they, uh, uh, out on social media, you know,
00:47:33.240
I was just in California and this restaurant owner got attacked there by on social media,
00:47:38.340
by these cowards, uh, bots and trolls that'll sit back and attack good things going on. But she
00:47:44.100
stood her ground there. And, and, um, I just like to see my employees and stuff. You get,
00:47:49.960
feel good, feel good that they're helping out. And, um, they, uh, we're like a big family. You
00:47:55.620
know, we have, uh, um, all walks of life. We have Democrat, Republican, liberal, conservative,
00:48:01.700
black, white, Hispanic, Asian, and over 2000, but hang on, but hang on, 2000, 2000 employees.
00:48:09.780
I want to be blunt though. The home shopping channels, the QVCs, the big box stores, the
00:48:15.220
bed, bath, the yons, the Walmarts. Are you guys walking Walmart? What they're trying to do is
00:48:20.380
destroy Mike Lindell. These products are very profitable to them. They're actually taking
00:48:25.740
profits away from their shareholders to destroy Mike Lindell. And why are they trying to destroy
00:48:31.000
you, Mike? We've got a minute. Why, why have they, why have commercial enterprises destroy you?
00:48:35.980
Right. A hundred percent. It's my voice. You know, we've got, uh, just great things coming
00:48:41.340
out of court in Nevada. Uh, the Kim came out last week, but, uh, they want my voice gone.
00:48:47.460
They want my voice gone. God gave me this platform, uh, to be able to get our voice. I consider it
00:48:53.200
everybody out there that doesn't have a voice speaking for everybody. And, uh, um, just like
00:48:58.600
you guys do here on war room and, and that's what they want. They want us gone, Steve. They do not
00:49:03.720
want us talking about anything, having any discussion about things that don't make sense
00:49:09.660
or, or stolen elections or the biggest crime in history. That's what this is all about.
00:49:15.340
And, uh, we're never going to quit. We're never going to stop speaking out. And you, I can't unsee
00:49:20.800
what I've saw and I can't unknow what I know. And I will never change. I will never back down. And,
00:49:26.480
uh, it's not going to change who I am. Now they, now the, uh, one of the, uh, outlets,
00:49:31.460
one news outlet called up and said, um, Oh, you're, you know, something about grifting
00:49:36.240
and, and, uh, you're, you're making it look good to get these pillows away. And I said,
00:49:40.540
you know what? I was doing this before I even had any, any money back with, we gave a hundred
00:49:45.360
thousand to hurricane Harvey. Uh, I've been doing this back when I was penniless. I'd give
00:49:53.400
Get it real quickly. How did they get to you on Lindell TV? How do they find out everything?
00:49:57.080
Yeah, you guys, my show's on at 7 PM Eastern time, every day on Lindell TV, you guys, and
00:50:03.200
get the Frank speech app. I'm on, I'm on getter true social. You guys, we got to get on all
00:50:08.420
these, all these, uh, uh, we got to keep our voices far and wide. Frank speech, Lindell
00:50:14.760
Mike Lindell will join us 10 o'clock tomorrow from fly from Florida. I'm going to be stick
00:50:18.680
around for Charlie Kirk. I'm going to be on the Charlie Kirk show next.
00:50:22.000
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