Episode 2313： Elon's Shot Across The Bow; Congress Must Stop Biden's Trillion Dollar Spending Spree
Episode Stats
Summary
On today's show, we have a special guest, Dr. John Rocha of Fox News, who joins us to talk about the debt ceiling crisis and what we should do about it. We also discuss the case of a man who bought a crime scene in order to cover up a crime. And we talk about a conspiracy theory about the disappearance of a Chinese immigrant in the U.S.A.
Transcript
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this is the final scream of a dying regime pray for our enemies because we're going medieval on
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these people you're just not got a free shot all these networks lying about the people the people
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had a belly full of it i know you don't like hearing that i know you've tried to do everything
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in the world to stop that but you're not going to stop it it's going to happen and where do people
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like that go to share the big line mega media i wish in my soul i wish that any of these people
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had a conscience ask yourself what is my task and what is my purpose if that answer is to save my
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country this country will be saved warrior here's your host stephen k bann
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when i wrote the book about the fourth industry revolution i described 23 technologies and that's
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a time only five years ago many of those technologies were considered science fiction
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today they all have become realities and new technologies we have to deal with
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quantum technology so metaverse it's a whole panoply of technologies which interact and which
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completely will change how we produce how we consume how we communicate and if you look at
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technological revolutions it usually goes in the form of s-curve and just now we are at the inflection
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point to exponential development and technology will change completely what we are doing at this
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present time it will change and it will have an impact on okay okay i can't i can't hear the big
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fish and the little fish again but the big fish and the little fish he says they got two pilot fish and
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that's government and big business so claus schwab laying it right out there for you and it's all about
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the g20 they're over deciding your future right now joe allen we're going to get into this all of it
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about the vaccine passports and not that they have enough respect for you to come back and say
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and there's a great piece in usa today about this about joe biden like obama threatened you can't govern
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with a pen and a phone you actually have to go to congress you have to work this out because they
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represent the people uh and now that we control the house it's going to be game on okay so don't even
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come with your crap because they're going to get turned down the answer is no how about this what
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is that look at that right there yeah that's a no okay because these people are coming in hot right
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now they're coming in hot because of you the audience they don't want to cross you this is why
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this is why they're kicking the can they're kicking the debt ceiling into the next year because of uh
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because a tester and mansion and a couple three others let's throw cinema in there they don't want to
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be they don't want to be on the hook right now for any kind of they got to get a bipartisan debt
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ceiling deal they can't just vote it in in a reconciliation bill that's the that's the uh
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that's the gimmick they're trying to do it they the tester goes i'll be i'm i'm done montana
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it's gonna be hard enough i'm out mansion i'm out cinema i'm out you can't do that because besides
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all the lies about the debt ceiling we're gonna have dr john roberts on here at the bottom of the
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hour from heritage wrote a brilliant piece in fox news that puts all the lies aside about how
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important the debt ceiling is the leverage on the debt ceiling and philip patrick's going to join us
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from birch gold i want to go to darren beady uh first let me get to joe allen in just a second
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darren a couple things on signal that we got to get up and talk about is um first off twitter
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now here's my theory the case has been from day one he's buying a crime scene he bought a crime scene
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you know he inadvertently got over his skis on this thing he got hooked up legally and had to close
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on a 44 billion dollar deal of something i'm not sure he could give it away but he bought a crime
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scene and now the perps are all leaving the crime scene is that essentially what it is they got the
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yellow tape around the building and they're all they're all escaping now that he said hey you got
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to go to work with all you twinkies because they they got there and they couldn't figure out
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where everybody was all the buildings were quasi empty because nobody was working and then they
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figured out guys were working four hours a day they cut half the staff already and the thing still
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seems to be going now they're going to cut another i don't know a half where do we stand in your
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beloved your beloved public square uh twitter and today we'll let you put the pom-poms up because
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elon musk is being a hammer absolutely and we cover this all in a brand new piece it's right up at
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revolver.news it's called very simply elon is taking out the trash and in fact he's proven so good at
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taking out the trash that he's convinced the trash to take itself out the trash literally grew legs and
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walked into the dumpster where it belongs and people are leaving en masse and you know i think
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it's a fantastic lesson about the truths of life and the truth of business that so many people can
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simply leave this company and there's basically zero change it's imperceptible that just shows
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how worthless and how dispensable these people are and for you know high agency people who start
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businesses and who work all the time and worry about things all the time it's amazing to think that
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the life in these types of bloated companies is really easy street you just sit around you collect your
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paycheck you invest in the company and it's just a lazy corporate culture and elon sent a shot across
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the bow saying that's not what this is anymore we're going from bloated moribund um corporation
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back to startup mindset and i think apart from all of the political dynamics of this which are important
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i think a lot of people are simply just too lazy to readjust to that sort of startup framework
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and couldn't hack it and left and so while we've been covering sort of the free speech implications i
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think the business implications of this are almost as important and there's actually something called
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prices law uh that kind of quantifies what may be going on here which effectively says that
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you take the total number of employees of any organization you take the square root of that
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and um that's the number of people responsible for half of the work so if you have 100 employees
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square root of that is 10 and 10 people are doing 50 percent of what the 100 people there are doing so
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he's he's going to find out where that number actually is i think he can take out even more of the
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trash earlier on i was uh we were doing a a discussion here on war room i said he could get
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rid of 90 and nobody would notice and i think this is kind of bearing that um prognostication out pretty
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favorably this is how this is i've said from day one the management the board of directors the
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employees are all scum right this is what scum they are they secured the building because they didn't
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want sabotage they they knew that these scumbags were going to come back instead of cleaning out their
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desk or to try to get access to certain systems and processes and try to and actually try to destroy
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take they're trying they they're going to leaving twitter they want to take down twitter so they
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never really cared about it being a uh a public square is that is that am i accurate in in in in
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talking about the scum over at twitter right and again a lot of it is political i mean there are a
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lot of the woke activist types and there's an intersection between the lazy incompetent people and the woke
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people because if you're not doing any actual work then your cover story is usually oh i'm here to
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ensure you know that misinformation the misinformation problem doesn't develop on twitter and all these so
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it's it's a dangerous thing that actually hinges on free speech but it's also a tremendous riff
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and it accounts for a profound amount of just dead weight um not only in twitter but i think across
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the tech sector and across the corporate sector at large and it would be really interesting to see if
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other companies start to follow suit because i don't think twitter like twitter is a unique case in
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the sense of its function as a global public square but i don't think it's unique in the sense that you
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can get rid of 90 percent of people and no one would notice and things might actually function
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more smoothly i think that's probably a more less um accurate uh state of affairs across the corporate
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sector give or take you know 20 percent the the scum at twitter is going to try to damage twitter so
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then blame elon for taking out the trash you watch that's all that's all to come and of course you
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get these people dropping off goodbye drop off go go with god go to your was it windstorm or they got
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some new thing they're going to mastodon or some new site go to go to mastodon go go go congregate
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together over in that corner we have no problem with that go congregate do your thing and do your do
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your hate um where we clean things up because the part of the free speech angle it really does invite
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us to a kind of fascinating thought exercise which is that in contemporary united states of america what
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i call the globalist american empire to have a lean and mean sort of corporate structure um that is
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purely dedicated to talent and efficiency is borderline illegal it's borderline illegal to construct your
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company such as that you're just looking at people on the basis of talent and what they produce um and
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so this is kind of an interesting type of experiment from that perspective as well and i think it'd be
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tremendous uh for you know the american corporate sector for the american economy if this kind of
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starts a domino chain reaction and kind of gives maybe other uh ceos the flexibility to follow suit and say
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look we know the equity that's a lot of trash and we need to take yeah they had that great piece
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over the weekend about all the social justice warriors all these people they're the ones getting
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laid off now right the the ones that were hanging around for climate change all that let's play i want
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to play this we've fought josh hawley ups his game on being a firebrand every day he's got an amazing
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piece out today i think in the washington post but i want to play let's play this video that's been put
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this great uh guy overseas makes these videos max evans i think his name is let's go here and
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and uh let's see it quad review says the dhs plans to target i'm quoting now inaccurate information
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domestically on a wide array of subjects including quoting the origins of the covet 19 pandemic
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the efficacy of covet 19 vaccines racial justice u.s withdrawal from afghanistan and the nature of u.s
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support from for ukraine this is what you're devoting your agency's resources to so i guess
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my first question is is an american citizen who criticizes covet mandates now to be treated as a
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domestic terrorist uh you have three inaccuracies in the question you post to me number one border
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security is a priority of ours number two the department does not censor speech and number three
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we did not publish a quadrennial review does it exist the quadrennial review i believe it is being
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worked on well it's been published in the media will you make it public uh when it is final it will
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be public here's my question then if if you're not censoring speech and if you're not treating
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americans as domestic terrorists then why is it that you're pressuring big tech to treat american
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citizens as if they're threats to the homeland why are you pressuring them to censor speech thank you
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for taking the time to meet today wanted to make sure you saw the steps we took just this past week
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to adjust policies and what we are removing with respect to misinformation are you familiar with
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that one just yes just yes or no uh no because i'm the secretary of dhs well i'm asking you that
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because it's funny you say that a federal judge has just found as a finding of fact mr secretary that
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your office and i'm going to quote now is supervising the nerve center of federally directed censorship
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we have example after example of this administration coordinated apparently according to a federal court by
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your agency pressuring coercing social media companies to engage in censorship is that constitutional
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that is unequivocally false is what the emails show it is unequivocally false senator you're not having
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any meetings with them whatsoever uh we meet with um the tech companies how often to address
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to address the homeland security you're saying that that no one in your office has ever met with
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coordinated or otherwise engaged in any contact with the social media company in which you spoke
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to them about vaccine mandates about uh covid mask mandates about the withdrawal from afghanistan
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about the whip about the current uh u.s involvement in ukraine none of that has ever happened i i don't
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know what you're referring to senator i've cited a federal judge who says your department is engaged in
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supervising the nerve center of federally directed censorship here's my point the federal government
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may not use private third parties to engage in activities that are unconstitutional that's
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exactly what you and this administration are doing you are leveraging private companies to carry out
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censorship on your behalf it's dystopian but worse than that it's unconstitutional it's also false
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that ladies and gentlemen is when josh hawley talks about the new republican party that you're seeing it
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right there that's it no holds barred not going to back off josh hawley gets it he gets it a very
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deep love he's a very smart guy and here's the thing whether you're going to revolver news whether
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you're talking here in steve cortez or peter navarro we see josh hawley the people coming together for
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this populist nationalist movie there's no intellectual slumming it's act the cutting edge he eviscerated
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mayorkas eviscerated got him got him about 10 perjury traps darren beady joe allen on the other
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side in a moment in the war room fair warning listen to this convicted home title thief explaining
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have to get some special document they would call me you know what he's calling you you're living in a
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delusion after i've stolen the title barred against it or sold the property it's 60 to 90 days for that
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person even figure out that they're the victim of this crime you start getting foreclosure notices
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you've got four mortgages on your house you don't even own your home anymore it's not even in your
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at home title lock dot com promo code radio here's your host stephen k back
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okay welcome back uh darren beady uh josh hawley's angle of attack and then let's talk about this axios
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piece because i think they're kind of inextricably linked um hawley is on point is he not sir he's
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absolutely on point and i congratulate him for that um riveting uh performance there he gave
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mayorkas the grilling that he certainly served and uh for those not familiar uh basically the dhs
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is the tip of the spear in this broader um war on the patriots it's the domestic war on terror and dhs
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which was set up in the aftermath of 9 11 uh of to serve the function of the war on terror under bush
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and now that the war on terror brift is kind of over it's effectively repurposed itself to prosecute
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this domestic war on terror and classify basically half the country as white supremacist national
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security threats and they've zeroed in on three dimensions which they find particularly troubling
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from a national security point of view that is any american who dares to suggest that the 2020 election
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was an absolutely fair and square those people are domestic terrorists and dhs officials former
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and current have compared them directly to isis and al-qaeda um anybody who questions uh the narrative
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surrounding covet and in fact there was even a report that came out earlier of them saying oh
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if we end the lockdowns this could mean people could gather together and and launch terrorist attacks
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therefore we need to keep the lockdown so they're very curious and sensitive about covet and they're
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very sensitive about january 6th and of course anyone with any passing familiarity with revolver news
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coverage has an idea of why they would be so sensitive to people asking questions about january 6th so i
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think it's a great step and holly did very well i would say this um is that basically the way that
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censorship functions in the united states still largely through ngo cutouts that is to say
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it is still the case that the government effectively outsources its censorship function to these civil
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society groups like atlantic council's dfr labs stanford's internet observatory most universities now
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have one there are several many of them incidentally are nato affiliated the story of nato and censorship is
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a really shocking one that is yet to be told but my only sort of not correction but sort of addendum
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to holly is that i would say it's convenient that the dhs is caught red-handed in its involvement in
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this because then we could say there's a constitutional violation but i would add to that that the normal
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configuration whereby the government censors through these ngo and civil society proxies
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is equally as malicious and contrary to the spirit of the first amendment and so we can't be satisfied
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just because we caught the dhs and the government getting a little bit
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talky no but you know i even even talk but even talk we're missing the point where we even talk about
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free speech or the first amendment that's not what this is about there's so far beyond this this is about
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absolute total control social credit this is authoritarianism with these same way china's
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doing with these big companies that's what holly was i think he was getting to the nice theoretical
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conversations about first these these people are totalitarians they have basically weaponized doj
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weaponized the fbi weaponized dhs against the maga movement against the american people and guess what
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we control the house now and we're going to control the senate we blew it because mitch mcconnell didn't put
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his money with with the good guys but they got 24 democratic senators come up why do you think
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cinema and tester and mansion who had raised the debt ceiling in a new york second are all run away
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from doing reconciliation of the deficit they're afraid of maga they're afraid of the voters in
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places like randomly west virginia montana in arizona well it shows you the power of the maga movement
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don't anybody not tell you power this is about this apparatus is so out of control and it must
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be confronted and it must be confronted today darren beady well i wasn't you know trying to hang up on
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sort of the the constitutional peculiarities here that i think was part of the problem of holly's
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approach here is that yes it makes sense you're talking to the dhs guys so you're going to say this is
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a violation of first amendment because it's the government pressuring these private parties and civil
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society groups i'm simply saying that the normal infrastructure of censorship comes through these
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cutout organizations and we simply shouldn't be content to say okay if we're if we can get the dhs
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to stop doing it it's okay because there's an entire civil society infrastructure of revolving
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to go from facebook to government back to facebook we're responsible for this censorship in the first
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class yeah how do people get to revolver i gotta jump to joe allen how they get to you you guys are
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on fire as i like to say over there revolver.news there are some amazing pieces right at the top
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including the elon piece tomorrow night we're going to run the piece that i referenced in our last
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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
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ever done it's amazing in its scope and implications and i'm just very proud of it so stay tuned for this
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well maybe maybe maybe tomorrow morning we can get show a little ankle on it it's a tease we can give
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you a tease darren b thank you brother appreciate it we'll have you what this piece is going to be huge
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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
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in what's going on over at in the g20 with the executive order they did on transhumanism with
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the executive order they did on digital currency i mean they they can't go to congresses because they
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know we would thwart it right but they're trying to use they're trying to use extraordinary powers
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they don't have to revolutionize american society and partner and give our sovereignty up over the g20
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joe allen absolutely steve you've got uh the g20 declaration delineating the sorts of agreements
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between these nations uh that would in their language facilitate cooperation uh it sure looked a lot
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more like collusion to me but um you know as we spoke about yesterday you've got this emphasis on
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mass digitization uh sort of admission that the covid19 pandemic and particularly the covid19 pandemic
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response led to an extraordinary degree of digitization in all facets of life from education
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personal interaction business interactions so on so what you see in that declaration uh is a sort of
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attempt to articulate how these governments will work together in order to and these are the the
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elements that i find the most important in order to bring about uh digital currency they specifically
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mention uh the creation of various digital currencies central bank digital currencies in order to
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facilitate transnational exchanges and you know that comes right on the heels of the federal reserve
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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
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so that uh there are a direct link in the language and in the institutions involved
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between that and biden's biotechnology and biomanufacturing initiative which of course seek to create mass
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databases for ai training uh which seeks to uh you know pour a lot of funding into genetic engineering
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and in the g20 declaration they also talk about the ways in which government will uh cooperate or
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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
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vaccine passport uh the declaration just simply talked about proof of vaccination via digital and non-digital
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means in order for citizens to move across borders or within countries but as dr malone has covered as
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naomi wolf has covered as so many people have covered you have had for really about a decade but
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certainly since the onset of the covid 19 pandemic response this push for internal digital global
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vaccine passports and of course cross-border vaccine passports what that means is anytime there is a
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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
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shut off your ability to simply buy food with the institution of central bank digital currency so i think
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that the g20 meeting really represents uh an exertion of of power and maybe more importantly it gives a
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sense that these nations and these leaders from trudeau uh and of course you know the presence of
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clive schwab and bill gate these leaders are emboldened they have absolutely no sense of humility
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they do not admit any mistake uh that they have made in the last few years and i think they plan to
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go forward all of these schemes full steam yeah we don't need their apology because there's no
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apologies uh joe hang on uh because i'm gonna come back to this and and talk about the structure of
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the g20 by the way this is not a conspiracy theory they're they this is their proclamation this is what
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they're negotiating putting out cop 27 which is the climate change part of it in egypt the european
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union negotiators actually came to actually engaged in and came to a framework for reparations the g20
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is kind of that's the thing that kind of runs the deal then you had these offshoots around it that's
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why you had this b20 there right now with claus schwab anyway we're gonna get an auto make sure you
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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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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
00:36:00.620
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
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
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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
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
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
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
00:50:48.720
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