Bannon's War Room - Episode 2313： Elon's Shot Across The Bow; Congress Must Stop Biden's Trillion Dollar Spending Spree

00:00:00.000 this is the final scream of a dying regime pray for our enemies because we're going medieval on

00:00:11.260 these people you're just not got a free shot all these networks lying about the people the people

00:00:17.700 had a belly full of it i know you don't like hearing that i know you've tried to do everything

00:00:21.620 in the world to stop that but you're not going to stop it it's going to happen and where do people

00:00:25.200 like that go to share the big line mega media i wish in my soul i wish that any of these people

00:00:33.020 had a conscience ask yourself what is my task and what is my purpose if that answer is to save my

00:00:40.960 country this country will be saved warrior here's your host stephen k bann

00:00:48.120 when i wrote the book about the fourth industry revolution i described 23 technologies and that's

00:01:02.500 a time only five years ago many of those technologies were considered science fiction

00:01:08.760 today they all have become realities and new technologies we have to deal with

00:01:17.160 quantum technology so metaverse it's a whole panoply of technologies which interact and which

00:01:26.900 completely will change how we produce how we consume how we communicate and if you look at

00:01:33.580 technological revolutions it usually goes in the form of s-curve and just now we are at the inflection

00:01:42.700 point to exponential development and technology will change completely what we are doing at this

00:01:52.600 present time it will change and it will have an impact on okay okay i can't i can't hear the big

00:01:59.720 fish and the little fish again but the big fish and the little fish he says they got two pilot fish and

00:02:04.220 that's government and big business so claus schwab laying it right out there for you and it's all about

00:02:10.320 the g20 they're over deciding your future right now joe allen we're going to get into this all of it

00:02:15.500 about the vaccine passports and not that they have enough respect for you to come back and say

00:02:21.060 and there's a great piece in usa today about this about joe biden like obama threatened you can't govern

00:02:28.340 with a pen and a phone you actually have to go to congress you have to work this out because they

00:02:32.460 represent the people uh and now that we control the house it's going to be game on okay so don't even 0.93

00:02:39.060 come with your crap because they're going to get turned down the answer is no how about this what 0.96

00:02:43.080 is that look at that right there yeah that's a no okay because these people are coming in hot right 1.00

00:02:49.140 now they're coming in hot because of you the audience they don't want to cross you this is why

00:02:54.880 this is why they're kicking the can they're kicking the debt ceiling into the next year because of uh

00:03:00.680 because a tester and mansion and a couple three others let's throw cinema in there they don't want to 0.94

00:03:06.140 be they don't want to be on the hook right now for any kind of they got to get a bipartisan debt

00:03:09.860 ceiling deal they can't just vote it in in a reconciliation bill that's the that's the uh

00:03:14.220 that's the gimmick they're trying to do it they the tester goes i'll be i'm i'm done montana

00:03:19.200 it's gonna be hard enough i'm out mansion i'm out cinema i'm out you can't do that because besides

00:03:24.800 all the lies about the debt ceiling we're gonna have dr john roberts on here at the bottom of the

00:03:28.980 hour from heritage wrote a brilliant piece in fox news that puts all the lies aside about how

00:03:34.160 important the debt ceiling is the leverage on the debt ceiling and philip patrick's going to join us

00:03:38.320 from birch gold i want to go to darren beady uh first let me get to joe allen in just a second

00:03:43.540 darren a couple things on signal that we got to get up and talk about is um first off twitter

00:03:51.700 now here's my theory the case has been from day one he's buying a crime scene he bought a crime scene

00:03:58.320 you know he inadvertently got over his skis on this thing he got hooked up legally and had to close

00:04:04.100 on a 44 billion dollar deal of something i'm not sure he could give it away but he bought a crime

00:04:09.740 scene and now the perps are all leaving the crime scene is that essentially what it is they got the

00:04:15.420 yellow tape around the building and they're all they're all escaping now that he said hey you got

00:04:19.320 to go to work with all you twinkies because they they got there and they couldn't figure out

00:04:23.520 where everybody was all the buildings were quasi empty because nobody was working and then they

00:04:28.060 figured out guys were working four hours a day they cut half the staff already and the thing still

00:04:33.580 seems to be going now they're going to cut another i don't know a half where do we stand in your

00:04:38.100 beloved your beloved public square uh twitter and today we'll let you put the pom-poms up because

00:04:45.260 elon musk is being a hammer absolutely and we cover this all in a brand new piece it's right up at

00:04:52.300 revolver.news it's called very simply elon is taking out the trash and in fact he's proven so good at

00:05:01.320 taking out the trash that he's convinced the trash to take itself out the trash literally grew legs and

00:05:08.780 walked into the dumpster where it belongs and people are leaving en masse and you know i think

00:05:15.440 it's a fantastic lesson about the truths of life and the truth of business that so many people can

00:05:23.580 simply leave this company and there's basically zero change it's imperceptible that just shows

00:05:31.200 how worthless and how dispensable these people are and for you know high agency people who start

00:05:38.660 businesses and who work all the time and worry about things all the time it's amazing to think that

00:05:44.360 the life in these types of bloated companies is really easy street you just sit around you collect your

00:05:50.840 paycheck you invest in the company and it's just a lazy corporate culture and elon sent a shot across

00:06:00.660 the bow saying that's not what this is anymore we're going from bloated moribund um corporation

00:06:09.780 back to startup mindset and i think apart from all of the political dynamics of this which are important

00:06:17.220 i think a lot of people are simply just too lazy to readjust to that sort of startup framework

00:06:23.720 and couldn't hack it and left and so while we've been covering sort of the free speech implications i

00:06:30.120 think the business implications of this are almost as important and there's actually something called

00:06:36.540 prices law uh that kind of quantifies what may be going on here which effectively says that

00:06:43.820 you take the total number of employees of any organization you take the square root of that

00:06:49.860 and um that's the number of people responsible for half of the work so if you have 100 employees

00:06:56.880 square root of that is 10 and 10 people are doing 50 percent of what the 100 people there are doing so

00:07:03.640 he's he's going to find out where that number actually is i think he can take out even more of the

00:07:09.580 trash earlier on i was uh we were doing a a discussion here on war room i said he could get

00:07:15.160 rid of 90 and nobody would notice and i think this is kind of bearing that um prognostication out pretty

00:07:22.420 favorably this is how this is i've said from day one the management the board of directors the 0.98

00:07:27.980 employees are all scum right this is what scum they are they secured the building because they didn't 1.00

00:07:33.880 want sabotage they they knew that these scumbags were going to come back instead of cleaning out their 1.00

00:07:37.740 desk or to try to get access to certain systems and processes and try to and actually try to destroy 0.95

00:07:45.480 take they're trying they they're going to leaving twitter they want to take down twitter so they

00:07:49.900 never really cared about it being a uh a public square is that is that am i accurate in in in in

00:07:55.800 talking about the scum over at twitter right and again a lot of it is political i mean there are a 0.94

00:08:01.260 lot of the woke activist types and there's an intersection between the lazy incompetent people and the woke 0.97

00:08:06.360 people because if you're not doing any actual work then your cover story is usually oh i'm here to

00:08:12.640 ensure you know that misinformation the misinformation problem doesn't develop on twitter and all these so

00:08:20.900 it's it's a dangerous thing that actually hinges on free speech but it's also a tremendous riff

00:08:27.000 and it accounts for a profound amount of just dead weight um not only in twitter but i think across

00:08:35.800 the tech sector and across the corporate sector at large and it would be really interesting to see if

00:08:41.840 other companies start to follow suit because i don't think twitter like twitter is a unique case in

00:08:47.940 the sense of its function as a global public square but i don't think it's unique in the sense that you

00:08:53.560 can get rid of 90 percent of people and no one would notice and things might actually function

00:08:58.240 more smoothly i think that's probably a more less um accurate uh state of affairs across the corporate 0.93

00:09:06.740 sector give or take you know 20 percent the the scum at twitter is going to try to damage twitter so 0.98

00:09:12.860 then blame elon for taking out the trash you watch that's all that's all to come and of course you 0.98

00:09:18.280 get these people dropping off goodbye drop off go go with god go to your was it windstorm or they got

00:09:25.700 some new thing they're going to mastodon or some new site go to go to mastodon go go go congregate

00:09:31.500 together over in that corner we have no problem with that go congregate do your thing and do your do

00:09:35.980 your hate um where we clean things up because the part of the free speech angle it really does invite

00:09:42.560 us to a kind of fascinating thought exercise which is that in contemporary united states of america what

00:09:50.520 i call the globalist american empire to have a lean and mean sort of corporate structure um that is

00:09:58.320 purely dedicated to talent and efficiency is borderline illegal it's borderline illegal to construct your

00:10:08.600 company such as that you're just looking at people on the basis of talent and what they produce um and

00:10:15.260 so this is kind of an interesting type of experiment from that perspective as well and i think it'd be

00:10:22.000 tremendous uh for you know the american corporate sector for the american economy if this kind of

00:10:28.800 starts a domino chain reaction and kind of gives maybe other uh ceos the flexibility to follow suit and say

00:10:38.100 look we know the equity that's a lot of trash and we need to take yeah they had that great piece

00:10:45.440 over the weekend about all the social justice warriors all these people they're the ones getting

00:10:49.120 laid off now right the the ones that were hanging around for climate change all that let's play i want

00:10:53.280 to play this we've fought josh hawley ups his game on being a firebrand every day he's got an amazing

00:10:59.660 piece out today i think in the washington post but i want to play let's play this video that's been put

00:11:03.620 this great uh guy overseas makes these videos max evans i think his name is let's go here and

00:11:09.940 and uh let's see it quad review says the dhs plans to target i'm quoting now inaccurate information

00:11:15.760 domestically on a wide array of subjects including quoting the origins of the covet 19 pandemic

00:11:22.180 the efficacy of covet 19 vaccines racial justice u.s withdrawal from afghanistan and the nature of u.s

00:11:30.060 support from for ukraine this is what you're devoting your agency's resources to so i guess

00:11:36.300 my first question is is an american citizen who criticizes covet mandates now to be treated as a

00:11:40.900 domestic terrorist uh you have three inaccuracies in the question you post to me number one border

00:11:45.880 security is a priority of ours number two the department does not censor speech and number three

00:11:50.700 we did not publish a quadrennial review does it exist the quadrennial review i believe it is being

00:11:56.760 worked on well it's been published in the media will you make it public uh when it is final it will

00:12:02.260 be public here's my question then if if you're not censoring speech and if you're not treating

00:12:08.100 americans as domestic terrorists then why is it that you're pressuring big tech to treat american

00:12:14.580 citizens as if they're threats to the homeland why are you pressuring them to censor speech thank you

00:12:20.040 for taking the time to meet today wanted to make sure you saw the steps we took just this past week

00:12:25.200 to adjust policies and what we are removing with respect to misinformation are you familiar with

00:12:29.560 that one just yes just yes or no uh no because i'm the secretary of dhs well i'm asking you that

00:12:34.780 because it's funny you say that a federal judge has just found as a finding of fact mr secretary that

00:12:41.420 your office and i'm going to quote now is supervising the nerve center of federally directed censorship

00:12:47.980 we have example after example of this administration coordinated apparently according to a federal court by

00:12:54.440 your agency pressuring coercing social media companies to engage in censorship is that constitutional

00:13:01.700 that is unequivocally false is what the emails show it is unequivocally false senator you're not having

00:13:08.100 any meetings with them whatsoever uh we meet with um the tech companies how often to address

00:13:13.920 to address the homeland security you're saying that that no one in your office has ever met with

00:13:20.060 coordinated or otherwise engaged in any contact with the social media company in which you spoke

00:13:25.500 to them about vaccine mandates about uh covid mask mandates about the withdrawal from afghanistan

00:13:32.140 about the whip about the current uh u.s involvement in ukraine none of that has ever happened i i don't

00:13:36.760 know what you're referring to senator i've cited a federal judge who says your department is engaged in

00:13:42.240 supervising the nerve center of federally directed censorship here's my point the federal government

00:13:47.960 may not use private third parties to engage in activities that are unconstitutional that's

00:13:54.180 exactly what you and this administration are doing you are leveraging private companies to carry out

00:14:00.040 censorship on your behalf it's dystopian but worse than that it's unconstitutional it's also false

00:14:05.880 that ladies and gentlemen is when josh hawley talks about the new republican party that you're seeing it

00:14:13.320 right there that's it no holds barred not going to back off josh hawley gets it he gets it a very

00:14:20.100 deep love he's a very smart guy and here's the thing whether you're going to revolver news whether

00:14:25.720 you're talking here in steve cortez or peter navarro we see josh hawley the people coming together for

00:14:30.240 this populist nationalist movie there's no intellectual slumming it's act the cutting edge he eviscerated

00:14:36.740 mayorkas eviscerated got him got him about 10 perjury traps darren beady joe allen on the other

00:14:44.660 side in a moment in the war room fair warning listen to this convicted home title thief explaining

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00:15:10.140 take their house and borrow against the house oh no i have title insurance it's in my name or he would

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00:15:20.720 delusion after i've stolen the title barred against it or sold the property it's 60 to 90 days for that

00:15:26.820 person even figure out that they're the victim of this crime you start getting foreclosure notices

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00:16:02.880 at home title lock dot com promo code radio here's your host stephen k back

00:16:10.880 okay welcome back uh darren beady uh josh hawley's angle of attack and then let's talk about this axios

00:16:19.560 piece because i think they're kind of inextricably linked um hawley is on point is he not sir he's

00:16:27.160 absolutely on point and i congratulate him for that um riveting uh performance there he gave

00:16:34.480 mayorkas the grilling that he certainly served and uh for those not familiar uh basically the dhs

00:16:42.280 is the tip of the spear in this broader um war on the patriots it's the domestic war on terror and dhs

00:16:52.720 which was set up in the aftermath of 9 11 uh of to serve the function of the war on terror under bush

00:17:01.180 and now that the war on terror brift is kind of over it's effectively repurposed itself to prosecute

00:17:09.360 this domestic war on terror and classify basically half the country as white supremacist national

00:17:16.260 security threats and they've zeroed in on three dimensions which they find particularly troubling

00:17:22.500 from a national security point of view that is any american who dares to suggest that the 2020 election

00:17:29.540 was an absolutely fair and square those people are domestic terrorists and dhs officials former

00:17:35.100 and current have compared them directly to isis and al-qaeda um anybody who questions uh the narrative

00:17:43.260 surrounding covet and in fact there was even a report that came out earlier of them saying oh

00:17:49.160 if we end the lockdowns this could mean people could gather together and and launch terrorist attacks

00:17:56.160 therefore we need to keep the lockdown so they're very curious and sensitive about covet and they're

00:18:01.240 very sensitive about january 6th and of course anyone with any passing familiarity with revolver news

00:18:07.420 coverage has an idea of why they would be so sensitive to people asking questions about january 6th so i

00:18:13.620 think it's a great step and holly did very well i would say this um is that basically the way that

00:18:22.300 censorship functions in the united states still largely through ngo cutouts that is to say

00:18:29.980 it is still the case that the government effectively outsources its censorship function to these civil

00:18:36.420 society groups like atlantic council's dfr labs stanford's internet observatory most universities now

00:18:44.420 have one there are several many of them incidentally are nato affiliated the story of nato and censorship is

00:18:52.240 a really shocking one that is yet to be told but my only sort of not correction but sort of addendum

00:18:59.320 to holly is that i would say it's convenient that the dhs is caught red-handed in its involvement in

00:19:06.740 this because then we could say there's a constitutional violation but i would add to that that the normal

00:19:13.580 configuration whereby the government censors through these ngo and civil society proxies

00:19:19.320 is equally as malicious and contrary to the spirit of the first amendment and so we can't be satisfied

00:19:27.920 just because we caught the dhs and the government getting a little bit

00:19:32.240 talky no but you know i even even talk but even talk we're missing the point where we even talk about

00:19:39.140 free speech or the first amendment that's not what this is about there's so far beyond this this is about

00:19:44.400 absolute total control social credit this is authoritarianism with these same way china's 0.97

00:19:51.100 doing with these big companies that's what holly was i think he was getting to the nice theoretical

00:19:56.020 conversations about first these these people are totalitarians they have basically weaponized doj

00:20:02.080 weaponized the fbi weaponized dhs against the maga movement against the american people and guess what

00:20:07.700 we control the house now and we're going to control the senate we blew it because mitch mcconnell didn't put

00:20:12.900 his money with with the good guys but they got 24 democratic senators come up why do you think

00:20:18.500 cinema and tester and mansion who had raised the debt ceiling in a new york second are all run away

00:20:24.520 from doing reconciliation of the deficit they're afraid of maga they're afraid of the voters in

00:20:28.320 places like randomly west virginia montana in arizona well it shows you the power of the maga movement

00:20:34.580 don't anybody not tell you power this is about this apparatus is so out of control and it must

00:20:41.400 be confronted and it must be confronted today darren beady well i wasn't you know trying to hang up on

00:20:50.140 sort of the the constitutional peculiarities here that i think was part of the problem of holly's

00:20:55.540 approach here is that yes it makes sense you're talking to the dhs guys so you're going to say this is

00:21:00.640 a violation of first amendment because it's the government pressuring these private parties and civil

00:21:06.500 society groups i'm simply saying that the normal infrastructure of censorship comes through these

00:21:13.200 cutout organizations and we simply shouldn't be content to say okay if we're if we can get the dhs

00:21:20.040 to stop doing it it's okay because there's an entire civil society infrastructure of revolving

00:21:26.100 to go from facebook to government back to facebook we're responsible for this censorship in the first

00:21:32.760 class yeah how do people get to revolver i gotta jump to joe allen how they get to you you guys are

00:21:38.760 on fire as i like to say over there revolver.news there are some amazing pieces right at the top

00:21:45.220 including the elon piece tomorrow night we're going to run the piece that i referenced in our last

00:21:52.160 discussion it's a huge piece i don't know how it'll land but i think it's one of the biggest that we've

00:21:57.800 ever done it's amazing in its scope and implications and i'm just very proud of it so stay tuned for this

00:22:04.740 well maybe maybe maybe tomorrow morning we can get show a little ankle on it it's a tease we can give

00:22:10.980 you a tease darren b thank you brother appreciate it we'll have you what this piece is going to be huge

00:22:17.080 on the crypto um joe allen tell us i want to tie in we got five minutes is all yours i'm going to tie

00:22:24.840 in what's going on over at in the g20 with the executive order they did on transhumanism with

00:22:31.580 the executive order they did on digital currency i mean they they can't go to congresses because they

00:22:37.160 know we would thwart it right but they're trying to use they're trying to use extraordinary powers

00:22:42.300 they don't have to revolutionize american society and partner and give our sovereignty up over the g20

00:22:50.580 joe allen absolutely steve you've got uh the g20 declaration delineating the sorts of agreements

00:22:59.580 between these nations uh that would in their language facilitate cooperation uh it sure looked a lot

00:23:07.660 more like collusion to me but um you know as we spoke about yesterday you've got this emphasis on

00:23:15.280 mass digitization uh sort of admission that the covid19 pandemic and particularly the covid19 pandemic

00:23:23.900 response led to an extraordinary degree of digitization in all facets of life from education

00:23:31.960 personal interaction business interactions so on so what you see in that declaration uh is a sort of

00:23:40.200 attempt to articulate how these governments will work together in order to and these are the the

00:23:46.360 elements that i find the most important in order to bring about uh digital currency they specifically

00:23:53.240 mention uh the creation of various digital currencies central bank digital currencies in order to

00:24:00.420 facilitate transnational exchanges and you know that comes right on the heels of the federal reserve

00:24:08.060 partnering with 12 different banks uh for a 12-week pilot of the digital dollar what i suggest

00:24:14.920 should be called the mark but you also have uh this emphasis on the digitization of medicine

00:24:22.860 so that uh there are a direct link in the language and in the institutions involved

00:24:29.100 between that and biden's biotechnology and biomanufacturing initiative which of course seek to create mass

00:24:38.080 databases for ai training uh which seeks to uh you know pour a lot of funding into genetic engineering

00:24:46.320 and in the g20 declaration they also talk about the ways in which government will uh cooperate or

00:24:55.240 pollute uh to exchange mrna technologies for new vaccines now all of that i think really does land home

00:25:03.700 when you look at the the the the proposition put forward by indonesia's health minister and also put in the

00:25:11.500 declaration that there should be an internet a standardized standardized international global digital

00:25:19.380 vaccine passport uh the declaration just simply talked about proof of vaccination via digital and non-digital

00:25:27.320 means in order for citizens to move across borders or within countries but as dr malone has covered as

00:25:35.000 naomi wolf has covered as so many people have covered you have had for really about a decade but

00:25:42.240 certainly since the onset of the covid 19 pandemic response this push for internal digital global

00:25:50.620 vaccine passports and of course cross-border vaccine passports what that means is anytime there is a

00:25:58.760 pandemic scare or any sort of disease scare whether whether it's monkey pox or some new variant of

00:26:04.500 covid or something that we we can't foresee is that they will be able to not only shut off your ability

00:26:10.720 travel with these digital passports not unlike we see in china today but they may also be able to

00:26:16.900 shut off your ability to simply buy food with the institution of central bank digital currency so i think

00:26:23.100 that the g20 meeting really represents uh an exertion of of power and maybe more importantly it gives a

00:26:31.820 sense that these nations and these leaders from trudeau uh and of course you know the presence of

00:26:37.740 clive schwab and bill gate these leaders are emboldened they have absolutely no sense of humility

00:26:44.420 they do not admit any mistake uh that they have made in the last few years and i think they plan to

00:26:50.080 go forward all of these schemes full steam yeah we don't need their apology because there's no

00:26:56.020 apologies uh joe hang on uh because i'm gonna come back to this and and talk about the structure of

00:27:01.080 the g20 by the way this is not a conspiracy theory they're they this is their proclamation this is what

00:27:05.780 they're negotiating putting out cop 27 which is the climate change part of it in egypt the european

00:27:13.420 union negotiators actually came to actually engaged in and came to a framework for reparations the g20

00:27:22.100 is kind of that's the thing that kind of runs the deal then you had these offshoots around it that's

00:27:27.240 why you had this b20 there right now with claus schwab anyway we're gonna get an auto make sure you

00:27:30.980 understand it all and also how these executive orders that this radical regime keeps dropping

00:27:37.120 are the implications of them and and i mean they lay it out it's right there in black letters not

00:27:43.480 not interpretation boom they say it so we'll get back to it all joe allen is going to come back and

00:27:51.220 join us in a little while now have dr roberts from heritage wrote an absolutely brilliant piece

00:27:56.680 that every american citizen should read over this weekend and contemplate over this weekend next

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00:29:15.940 go to prepare with bannon.com right now prepare with bannon.com use your agency action action action

00:29:24.180 spend it's really nothing it's they demean it and they say it's already spent and i'm sitting there

00:29:28.420 going that's a lie that's just not true but you never see any republicans come forward and not say that

00:29:33.260 kevin roberts finally did it he finally walks you through why it's not only important

00:29:39.300 it's a leverage point and it was done for a reason dr roberts take it away sir because this is really

00:29:45.760 fantastic and it you in the audience because we're about agency you have to understand this to see how

00:29:53.780 things are going to unfold over the next year dr kevin roberts steve thanks for having me on again

00:29:59.660 so two or three quick things although they're they're important not because i said them but because

00:30:04.560 they're true the first thing is to key in on one of the last statements you just made in this this

00:30:09.640 opening of the segment and it is that when the elites in washington dc who are on the radical left

00:30:16.740 are dismissive towards something when their compatriots in the legacy media are dismissive

00:30:22.640 towards something read between the lines that something needs to be the thing we fight for and

00:30:29.020 so that's that's true about everything but especially when it comes to the debt limit so point

00:30:33.240 two to get to the heart of it i'm a historian not an economist but i understand economics well i've

00:30:38.760 worked with a lot of smart ones this is the key thing the debt ceiling was put in place as you said

00:30:44.040 to protect the american taxpayer we've had these fights over the debt ceiling and too often those fights

00:30:51.240 are conceded by even fiscal conservatives in the republican party we have we're going to be running up

00:30:57.960 against the debt ceiling which is 31.4 trillion dollars as early as january of 2023 it's possible

00:31:07.060 that the secretary of the treasury can make some maneuvers to extend that by a few months maybe even

00:31:12.460 six months but the point is it is a certainty that in 2023 let me emphasize that it is 100 going to

00:31:20.780 happen that we're going to run up against the debt ceiling because we're just just a hundred billion

00:31:26.060 dollars shy of it and because we spend like drunken sailors no offense intended it means that within

00:31:32.640 weeks if not months we're going to be there and so point three is this is the definitive fight to have

00:31:38.480 in spite of the losses or perhaps the the unmaterialized red wave of the last several days because

00:31:46.060 this is how the slim house majority of republicans can show the american people that this is not a

00:31:53.800 republican versus democrat fight it's not a trump versus some other republican fight it is a fight

00:32:00.580 by us the conservatives for the american people against the elites who want to take our money and

00:32:07.640 take our power i'm i'm almost literally coming out of my chair because i find it so exciting but the

00:32:13.400 postscript that i would write as i wrap up this response steve is that i'm i'm frustrated like you

00:32:19.860 and your audience because so many times the republicans in dc and leadership say oh we're

00:32:26.220 going to go fight this you know those of you on the outside who have money to spend on political ads

00:32:31.180 we need you to go spend several hundred thousand dollars millions of dollars of your donors money

00:32:35.840 to go fight for this and then they can't what i'm saying this day is that i'm tired of them caving

00:32:42.040 and it's time for them to actually do good and stick to the fight and if they do the american people

00:32:48.540 will be with them you know we didn't have time to play it but hbo when they had this series years

00:32:55.260 ago that was about the tea party with jeff daniels they had a huge like three part part on the part

00:33:00.600 series of it sub series on on the debt ceiling and they always come back this was the tea party but

00:33:05.720 it's basically the trump movement of the populace that these people are irresponsible that it's you're

00:33:10.620 messing with the full faith and credit of the united states and the elites know better dr roberts is

00:33:16.280 there just leaving the debt ceiling sign for a second is there any way that we can get control

00:33:23.340 of this beast unless we use it for the simple reason is they're going to come back with this

00:33:26.820 ominous bill that has another one to one and a half to two trillion dollars of spending and that's not

00:33:33.080 going to add in the interest payments that are going to get jacked because they're going to quickly

00:33:36.300 have a trillion dollars of interest we're in a uh we're in a negative feedback loop we can't pull

00:33:43.800 out of you just can't pull out of unless somebody steps up and says it has to stop now we have to

00:33:51.080 have a national conversation to bring everybody together but somebody's got to be the adult in the

00:33:56.200 room that's why i keep telling the war room posse we're bankrupt there's a creditors committee and

00:34:01.120 you're the chair of it and you got to act like the chair but do you see at heritage it all the

00:34:06.800 great thinkers ever there is there any other way out of this unless somebody steps up and says we have

00:34:13.540 to stop this madness sir my friend absolutely not there are two choices and and look i think you know

00:34:21.760 me well enough to know that i don't get into hyperbole you and i both your audience we're sober about the

00:34:28.700 reality we're in you know we're in i'm supernaturally hopeful you know we maybe the ship's sinking but

00:34:33.780 i'm going to fight until the end as you will this is the point about those two choices we can fight

00:34:39.740 the omnibus in the lame duck session omnibus is a synonym for bs in washington dc it's it's a big

00:34:46.920 shopping cart where everyone puts in you know their their their top choices no doubt there will be more

00:34:51.820 ukraine aid funding that lord knows how that will be used but the point is we have to fight that that's

00:34:57.780 sort of the pre-season leading up to this debt ceiling fight in 2023 and actually think we've

00:35:03.120 got a fighting chance at that because there are a couple of fiscal more fiscally conservative

00:35:08.740 democrat members of the senate if we win that then it sets us up well if our side wins it to

00:35:14.860 fight and to succeed on the debt ceiling in 2023 that's choice one not only is that essential it's

00:35:22.580 essential for the financial stability in the united states but it's also very helpful strategically

00:35:28.280 for the conservative movement which is on the brink of despair as you know if we don't take that path

00:35:34.380 then there's only one other path that's possible that's economic ruin and that's that's the point

00:35:41.240 that i was going to make that i caused me to make the caveat about not using hyperbole there will be a

00:35:47.000 catastrophe in this country in fact we may already be heading down that road and frankly it's because

00:35:52.800 of both the republicans and the democrats not actually making good on the oath that they take

00:35:59.060 to protect the american people

00:36:00.620 dr roberts what tell us about heritage i know you guys have have got a big group over there thinking

00:36:08.600 about it what can are you putting on seminars are there going to be conferences because this is going

00:36:12.940 to over this is going to be a firestorm in this city because the city is about money and power when

00:36:18.320 you cut to it this is going to and i keep telling people they're talking about 2024 and all this stuff

00:36:23.540 i said hey 2023 is going to let going to roll out in a horrific nature because right now you can see

00:36:28.800 start to see the crash of these capital the bond market and the capital markets and what's happening

00:36:33.400 to the american people under the hood what tell walk us through heritage where do you go to get more

00:36:38.940 information are you guys going to start doing a series of like seminars or conferences

00:36:42.280 that the average person can start to punch into to get up more up to speed

00:36:46.440 before i forget just go to heritage.org you will see to do great great research but even more

00:36:52.540 importantly than the research because i don't mean that from this recovering academic steve in a

00:36:57.260 pointy-headed kind of way research that's crisp that's focused on what the messaging needs to be

00:37:03.080 but the second thing is as soon as we we get past thanksgiving what's going to happen in

00:37:10.140 washington dc is that the the left will do everything they can in that lame duck session

00:37:14.540 to ram a lot of nonsense down our throats and so heritage has already been fighting and doing a lot

00:37:20.360 of seminars conferences and meetings on all of those issues this is going to be job number one by the

00:37:26.480 heritage foundation and the conservative movement so the point is people can go to heritage.org they can

00:37:31.120 follow me on twitter which i see you have up there to to get notifications of that but i just can't

00:37:36.680 emphasize enough i am frustrated like every other conservative in this country about not just the

00:37:43.320 last couple of weeks but for that matter the last few decades with just a couple of exceptions

00:37:47.200 even though we only have a slim majority in the house we've got the opportunity to fight it is the

00:37:54.160 time to fight is right now during the lame duck session which is the month of december up until

00:37:59.020 christmas but especially when we get back from christmas against this debt ceiling and and i'm hopeful

00:38:04.720 that not only do we give people the intellectual ammunition for that fight but that we convey it

00:38:10.800 in a way for the everyday american i i took the job at heritage a year ago steve because even though

00:38:16.140 i've got fancy initials after my last name i grew up in a working class blue collar family in louisiana

00:38:21.920 and i see public policy through the eyes of the everyday american heritage is the outpost behind

00:38:27.920 enemy lines for the everyday american we want to arm you to go win these fights

00:38:32.720 dr roberts thank you we'll make sure to start pushing all those uh seminars and uh and conferences

00:38:40.960 people need to get up speed what if we get an informed citizen citizenry we're going to win this fight

00:38:46.900 because people understand deeply something's wrong and it's got to stop this thing is madness and it's

00:38:52.720 got to stop and the way to stop it is in the lame duck and then right out stop the omnibus and then

00:38:57.380 get a real i think stop the defense authorization act kick it all into the next congress and then

00:39:03.180 let's uh let's go about this like adults so thank you thank you do you have personal do you have

00:39:07.940 personal um uh social media people can follow you yes uh easiest is to go to twitter kevin roberts tx

00:39:15.780 and very active there you know i what i say on twitter gets me uninvited to the cocktail parties of dc

00:39:22.620 but i wasn't going to those anyway so that means i'm right on target

00:39:25.900 yeah louisa blue collar kid from louisiana you would bore very you'd be bored very quickly at 1.00

00:39:33.740 those they're a waste of time sir thank you very much appreciate it thanks steve take care

00:39:37.380 uh if and let me give uh i'm going to bring it i have philip patrick philip patrick's finished his

00:39:44.780 workout out there in la he's he's he's also let's play do we have the nancy pelosi yeah can we play

00:39:49.880 nancy pelosi i want to show you how how big a deal it is for nancy who was who was getting ready to

00:39:54.740 punch out let's go ahead and hear it before the new congress is sworn in in january you have a lot

00:39:59.960 of work to do in what will be a lame duck session in december probably the top of that list extending

00:40:05.720 the debt limit because republicans have said if they get the majority they're going to try to force

00:40:10.360 concessions from democrats in order to extend the debt limit do you believe you can get a either a

00:40:15.260 permanent or a very large extension of the debt limit during the lame duck session well i think

00:40:19.760 it would be very important for us to do so yeah it would be very important for you to do so that's

00:40:26.540 why we ain't going to do it okay i understand philip patrick you heard roberts you read this uh i think

00:40:32.620 we may have a victory here i don't i don't want to spike the football on the 20 but i understand tester

00:40:38.180 and uh mansion and cinema and some others who are up for election re-election understand it's

00:40:43.600 radioactive to do it give me 30 seconds how big is how big is us stopping this debt ceiling lift right

00:40:49.240 now sir it's absolutely massive it's it's the biggest thing we we've we've talked about for a while

00:40:55.860 we've talked for a long time about curbing this administration's ability to spend we need it more

00:41:01.900 today than ever they're trying to spin that you know we're on top of inflation we're not even

00:41:07.520 close to being on top of inflation we saw a marginal reduction with four times the federal

00:41:13.100 reserve's target today and the only prices that are coming down are non-essentials you look at prices

00:41:19.740 on essentials food shelter everything's increasing we haven't got it we need to curb their ability to

00:41:26.240 spend hang on for one second philip patrick from birch gold is going to join us on the other side

00:41:33.500 it's hard to grasp why anyone would keep voting for record inflation skyrocketing crime in an open

00:41:55.700 border likewise why would anyone keep funding the left by sticking with the big carriers patriot mobile

00:42:03.240 is america's only and i repeat only christian conservative wireless provider they want to

00:42:08.760 make it easy for you to try their service give them 60 days to show you why i stephen k bannon trust

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00:42:20.920 activation they offer nationwide coverage on the best 4g and 5g networks and use the same towers as all

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00:42:32.040 to preserve our god-given rights and freedom just go to patriot mobile dot com slash bannon or call their

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00:42:47.440 that don't care about your values support a company that does make the switch today and get a free month of

00:42:54.040 service plus free activation that's patriot mobile dot com slash bannon that's patriot mobile dot com slash

00:43:00.980 bannon or call 972 patriot i want to know what is your intel and what is your gut telling you about

00:43:09.880 the state of the world right now that's a great question so the state of the world right now there's

00:43:14.400 been two big debates are we heading into recession and what's the trajectory of inflation and of course the

00:43:21.360 two are intertwined i think we've been a little bit out of consensus we have felt that we would not

00:43:26.440 have a recession this year in 2022 and in north america that's borne out to be true we are we're

00:43:34.520 highly confident we're going to finish this year on a modest growth note now the issue of course is 2023

00:43:42.880 when the lagged effects of the fed having increased rates is the genius of the santa's 100 million

00:43:49.740 dollars right it's all just gobbledygook philip patrick um the fact is the american people are in a

00:43:57.340 depression you look at the analysis we put up every day they're getting crushed and just because it's

00:44:02.540 got some mathematical thing on the gdp we're in a recession right now amazon just laid off 10 000

00:44:07.900 people fedex freight just laid off 2 000 drivers and amazon said we're going to lay off more next

00:44:13.420 year what is ken griffin talking about he's having some kind of theoretical discussion like trying to 0.98

00:44:17.080 be you know the the great wizard of wall street sounds like a moron and i just think he i just think 0.77

00:44:23.660 he's out of touch with reality and and and you know there's really not much positive news out there so 0.98

00:44:30.680 look at the stock market we've seen volatility we've seen a rally followed by declines why is the

00:44:37.280 stock market performing like that the reality is they're just looking at federal reserve policy

00:44:42.620 every time the fed come out and are dovish the market booms every time they come out and are hawkish

00:44:49.000 the market declines then you look at the inflationary piece right like i said it's it's you know the only

00:44:55.760 place that prices are coming down are on non-essentials the essentials are going up is that a sign that we've

00:45:02.440 got a handle on inflation absolutely not it's a sign that we've got recession on the horizon

00:45:07.700 and americans are changing their spending behaviors accordingly cutting down on non-essentials then you

00:45:14.640 look at where we're heading next year we've got a big problem right the fed haven't got a handle on

00:45:20.680 inflation how are they going to combat it there's one of two ways to do it they raise taxes or they

00:45:25.800 raise interest rates well they're not going to raise taxes because it's politically unpalatable

00:45:30.000 which means raising interest rates but as you mentioned before that's crippling to the country

00:45:35.760 so a little bit of context 31 trillion dollars in debt today every one percent interest rate in the

00:45:42.380 federal funds rate can constitute a large category of government spending it's 310 billion dollars in

00:45:49.220 debt service so what does that mean a one percent increase is the equivalent of our medicaid outlay

00:45:55.320 two percent increase the equivalent of our defense spending which dwarfs the 10 nations below us

00:46:02.280 a three percent increase constitutes the equivalent of our social security outbase it's unmanageable

00:46:09.220 and here's the problem it's going to end as it always ends and that's the government reverting to

00:46:14.740 print money and it'll go the direction that every unbacked currency has in history and that is

00:46:20.820 decline or disappear this is this is and by the way go to birchgold.com slash bannon and get the

00:46:29.740 end of the dollar empire we're getting more of this now that the election's over this is a crisis that

00:46:35.780 the nation's never been in before america is about to have a sovereign debt crisis first time in history

00:46:40.720 and they're going to blame this audience when we step up to stop the debt increase to stop the debt

00:46:46.800 limit increase you're going to be blamed for trashing the full faith and credit of the united

00:46:51.480 states when they've done it okay you are the full faith and credit uh how do we get to birch gold we're

00:46:56.720 going to start having you on more regularly now the the politics is over because this is everything

00:47:01.360 where do people go to talk to uh advisors and to talk to get more information about birch gold because

00:47:07.500 now more than ever you got to get more information about all this yeah i i agree vehemently so it's very

00:47:13.680 simple uh birchgold.com forward slash bannon they're going to get access not only to information

00:47:20.460 kits on precious metals and the markets but also access to the dollar reports that you wrote

00:47:25.880 um so a lot of good information and they can meet reach me directly at philip patrick on getter

00:47:32.100 i'm i have you back on early next week and talk about this because nobody's put in the perspective

00:47:37.740 these interest we're going to be paying trains of dollars of interest expense very quickly because all

00:47:42.460 this borrowing was done in a virtually all of it was done in a zero interest rate environment that's

00:47:46.720 over correct and what philip's talking about in one one basis point up bang you're taking medicaid up

00:47:51.920 bang you're taking defense spending up bang you're taking the equivalent of social security out

00:47:55.740 not that you're going to zero those but this is what's this is what the the scale it's called the

00:48:00.860 law of large numbers the law of large numbers is about to have a meaningful impact in your life

00:48:06.700 we're going to explain it philip patrick you're a rock star you've been dead spot on this from the

00:48:11.980 beginning thank you for joining us thank you steve okay is matt schlapp is matt schlapp ready can is

00:48:19.220 can i get to uh can i get to matt schlapp the ben burkwam matt schlapp okay fantastic okay i'm not

00:48:27.280 gonna be able to do it then if they're not ready i would have held i would have held philip patrick

00:48:31.020 okay we're gonna have a meltdown here in the war room now let me go to joe island hey ever that's fine

00:48:37.500 that's cool i'm good i had a red bull i'm a little jack this morning you know you almost have to be

00:48:43.180 joe because there's so much going on and it's such a deep level and this is what i want to tell the

00:48:48.920 audience you're not powerless they want you to be powerless they want you to be demoralized they want

00:48:54.860 you to be exhausted right we're going to get into arizona this afternoon they want all of that

00:48:59.820 but you're not because you come from a lineage of people from the revolution to the civil war

00:49:05.340 to the great depression world war ii and these great turnings in american history they could

00:49:11.680 have been demoralized and exhausted and just quit and the nation would have been very different than

00:49:15.500 the one bequeathed us that's why it's absolutely essential that you use your agency joe you got so

00:49:22.520 much great stuff up now where do people go to get all your writings and get and follow you on social

00:49:26.720 media you can find me at jobot.xyz you can find me at my social media at joe b-o-t-x-y-z and of

00:49:36.660 course warroom.org under the transhumanism tab got a new article up a write-up looking at a lot of the

00:49:43.280 stuff happening right now but also uh the background of the election and it's a typical burst of optimism

00:49:50.500 from me uh you know really steve i'd have to say that yeah everyone that i'm talking to right now

00:49:56.380 is extremely disappointed with the outcome of the election but it's no excuse to stop fighting

00:50:01.020 you have to keep fighting so uh you know i i'm a pessimist by heart and uh i never stop fighting so you

00:50:09.180 know i i think that uh really there is no room for despair boy boy you're from tennessee you guys are

00:50:16.540 born fighting okay in the mode of general jackson and the volunteers joe allen love you brother or

00:50:24.200 maybe get you back on at five tonight we're gonna have be a lot of arizona a lot of fight a lot of

00:50:28.640 fight in the fight club come on thank you sir there was some big there's some big wins on tuesday and

00:50:34.620 you got to use those big wins and we're going to use them to the max this is why morning mika's

00:50:38.840 melting down this is why pelosi's very worried about what's going on the white house because we're on

00:50:44.100 offense attack attack attack be back there at five o'clock

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Bannon's War Room - November 18, 2022

Episode 2313： Elon's Shot Across The Bow; Congress Must Stop Biden's Trillion Dollar Spending Spree

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