Bannon's War Room - Episode 2369： The Surge In El Paso Makes It To the Mainstream

00:00:01.000 This is the final scream of a dying regime.

00:00:06.000 Pray for our enemies.

00:00:08.000 Because we're going to medieval on these people.

00:00:11.000 You're just not going to free shot all these networks lying about the people.

00:00:16.000 The people have had a belly full of it.

00:00:18.000 I know you don't like hearing that.

00:00:19.000 I know you've tried to do everything in the world to stop that,

00:00:21.000 but you're not going to stop it. It's going to happen.

00:00:23.000 And where do people like that go to share the big line?

00:00:26.000 Mega media.

00:00:28.000 I wish in my soul, I wish that any of these people had a conscience.

00:00:33.000 Ask yourself, what is my task and what is my purpose?

00:00:37.000 If that answer is to save my country, this country will be saved.

00:00:43.000 War Room. Here's your host, Stephen K. Bannon.

00:00:52.000 They can't sit at home for 50 grand a year anymore, can they?

00:00:55.000 I don't know. I think you should ask the Democrats that you have on the show what their thoughts are.

00:01:04.000 Because there's definitely been, over the last decade or so, a movement towards trying to facilitate helping people

00:01:11.000 so that if they decide that they don't want to work, they want to stay home and be creative,

00:01:16.000 or they want to stay home and write music.

00:01:18.000 Listen, I get it. We all want to relax.

00:01:21.000 But the point is, are we really training the workforce to be less aggressive?

00:01:26.000 I know that work ethic used to be a big deal back in the day, but times have changed, definitely.

00:01:32.000 You know, there used to be a time where, you know, the rule of law and signing your name at the bottom of a contract used to mean something.

00:01:38.000 These things don't mean much anymore. And in terms of the market, everybody's all hot on wages.

00:01:43.000 All right. Wages, what? Just barely above 5%, which means January, February, March, April, May, June, July and August.

00:01:49.000 We're all higher year month over month wages on a year over year basis.

00:01:54.000 We're all higher. It's only the last two months that they've drifted a bit.

00:01:58.000 Now, what they can hang their hat on is pre-COVID, we're at 3.1.

00:02:03.000 Now we're a bit above 5%.

00:02:05.000 So on the wage side, I think people are getting way too excited.

00:02:08.000 I would love for wages to move higher in certain areas.

00:02:12.000 It's the spiral we need to worry about.

00:02:14.000 And let's not lose sight over what our friend of CNBC always says, Peter Bookfar,

00:02:19.000 that when you look at shelter and home equivalent rents, they went up faster, but they're going to come down slower.

00:02:26.000 Traders are highly aware of all these nuances.

00:02:29.000 And in terms of Fed fund futures, Steve, I'm telling you, at this point, they're not going to help you trade and make money anymore

00:02:36.000 because the market is proactive.

00:02:38.000 It's guns hot.

00:02:39.000 We are now going to be on the fly adjusting all those percentages and numbers like this.

00:02:44.000 See what they look like at Fed fund futures at the end of the session.

00:02:48.000 Guns hot there.

00:02:50.000 It's Tuesday, 13 December, the year of our Lord, 2022.

00:02:53.000 We've had some economic news on inflation this morning.

00:02:57.000 Also, we have our own Todd Benzman from CIS.

00:03:01.000 He's now upgraded.

00:03:02.000 He's got a huge exclusive at Daily Mail, but he's ahead of even the New York Times.

00:03:06.000 That magnificent footage we had on the show last night with Todd Benzman was very haunting of a massive incursion across the El Paso sector.

00:03:15.000 It was like from Nicaragua, the largest, I think, caravan that's ever come across at one time.

00:03:20.000 One thousand people at one time and not stopped just processed here exactly on the other side.

00:03:27.000 We've got Todd Benzman is going to join us.

00:03:29.000 We have the David Rodriguez, El Nino, the boxer, the firm that helped us with to build the wall down in El Paso.

00:03:37.000 He's going to join us that he's never seen anything like it.

00:03:39.000 This is this is, as Cortez would say, as bad at hombre as you've got.

00:03:44.000 And he says, Steve, right now, I don't feel safe with my parents being in the city of El Paso.

00:03:50.000 We've also got a new lawsuit that was filed by Sonny Borelli, Gunny Borelli and folks in Mojave County.

00:03:58.000 And we're going to have that explained to us later in the show by Christina Bob.

00:04:03.000 MTG going to join us for the second hour. But let's start. Let's go back.

00:04:07.000 I want to start with Cortez before I get to Todd.

00:04:11.000 We're working out some technical issues with Todd Benzman. Let's let's go to Cortez.

00:04:15.000 As Steve Cortez, walk us through this assessment today, because they were, you know, they were pulling out the punch bowl when it was first announced.

00:04:22.000 Of course, Steve Leisman and all the liberal, all the should come liberals, radical Democrats over at CNBC had their party hats on.

00:04:29.000 Tell us what reality is today. Well, so here's the reality.

00:04:32.000 The inflation has cooled a bit from the scorching pace of the summer.

00:04:37.000 And this is something that we have talked about quite a bit here on war rooms that I have written about that inflation may indeed have peaked.

00:04:43.000 It doesn't mean inflation is at all going away. But if it has peaked, it's peaked for the worst of all reasons.

00:04:48.000 And that is so much demand destruction. In other words, we are going into such a deep and lasting recession that prices will indeed stop ascending at the pace at which they were previously vaulting higher.

00:05:00.000 So the news that came out today is CPI at seven point one percent core CPI at six percent.

00:05:06.000 I think context is incredibly important here, Steve.

00:05:09.000 And to provide some context, I'd like to show some charts here.

00:05:12.000 Let's show where relative to history, where are we now?

00:05:15.000 Where have we been?

00:05:16.000 So if we look at core CPI, we can pull up chart one, please.

00:05:19.000 This is core CPI X food and energy.

00:05:22.000 That chart goes back 10 years.

00:05:24.000 Look at how consistent, predictable and tame inflation was until Joe Biden entered the Oval Office.

00:05:32.000 And look at the absolute trajectory, this rocket higher ever since.

00:05:36.000 So is six percent better than six point three percent last month?

00:05:40.000 Sure, it's better.

00:05:41.000 Is it good relative to history?

00:05:43.000 No, it is horrific.

00:05:44.000 Steve, we had never been at six percent or higher for 40 years until this year, until Joe Biden's madness has created crisis of inflation.

00:05:53.000 In twenty twenty two.

00:05:55.000 If we go to chart number two now, what does this mean?

00:05:58.000 Hang on one second.

00:06:00.000 Explain for the audience, particularly new audience members, core inflation, why it's important.

00:06:05.000 Sure.

00:06:06.000 So core inflation takes out food and energy, which obviously no regular person can take those out of their budget.

00:06:11.000 But the reason that it takes them out for economists is because food and energy are extremely volatile components.

00:06:16.000 Right. Commodities move wildly.

00:06:18.000 Anybody who watches the oil market, anybody who watches just gasoline prices at the pump knows that there's significant movement.

00:06:24.000 So the assumption among many economists is the better read of lasting inflation is core inflation.

00:06:30.000 And so that's why I showed you the core.

00:06:32.000 By the way, though, if I were to show you the headline CPI, it doesn't look terribly different from core inflation.

00:06:37.000 So, you know, I'm not I'm not cherry picking the data here.

00:06:40.000 They would be a very similar chart if I just showed you regular CPI.

00:06:43.000 But I showed you core only to to promote the idea and to show the idea that, listen, while things have gotten a tiny bit better.

00:06:52.000 Right. In the last couple of months, again, only because of the recession deepening, not just here, but overseas, particularly in China.

00:06:58.000 Right. Demand plummeting in China because China's in a freefall because things have gotten a tad bit better.

00:07:03.000 Things are not remotely good.

00:07:05.000 And again, let's talk about the real world effects for regular folks.

00:07:09.000 If we go to chart number two, this is real wages.

00:07:12.000 We now know that chart goes back five years when that chart is above zero.

00:07:16.000 It means real wages are growing.

00:07:18.000 It means that you are actually making more money in real terms, meaning adjusted for inflation, adjusted for the things that you need to buy in your life.

00:07:25.000 Because if your paycheck is going up, but the prices of the goods and services you need to live your life are going up more, you are getting poorer every single month.

00:07:33.000 And that, unfortunately, is the reality right now for the 20th straight month for almost the entirety of Joe Biden's tenure in the Oval Office.

00:07:42.000 20 straight months now.

00:07:44.000 Real wages are going down.

00:07:46.000 You are getting poorer every single day.

00:07:49.000 You are working harder to lose your prosperity.

00:07:53.000 That is the that is the fundamental reality of what inflation, what Biden's inflation is doing to you.

00:07:58.000 So even if that inflation is getting a tad less worse, it's still awful.

00:08:03.000 It's still insidious.

00:08:04.000 And it is still making you poorer every day to that point to just one more chart to show her.

00:08:08.000 We go to chart number three.

00:08:09.000 These are the half two items of life, non discretionary spending that every human being needs to live.

00:08:15.000 Gasoline, groceries and utilities.

00:08:17.000 I've been showing this basket for quite a long time.

00:08:19.000 That basket, as we can see, the overall rate for those three items is twelve point five percent.

00:08:25.000 All of three of them in double digits still.

00:08:28.000 So have they cooled a bit?

00:08:29.000 Yes.

00:08:30.000 But are they reasonable territory?

00:08:31.000 No, not remotely.

00:08:32.000 And note that is twice what the core says.

00:08:35.000 So core CPI six percent.

00:08:37.000 That's terrible.

00:08:38.000 OK, but the half two items of life more than twice that much.

00:08:41.000 Twelve point five percent year over year inflation.

00:08:44.000 Steve, this is simply crushing to people of modest incomes to middle and lower income workers in the United States.

00:08:51.000 When you combine real wages, which are crashing with the with the continued inflation in these half two items, their financial situation is in a crisis stage.

00:09:01.000 And that is simply what the numbers tell us.

00:09:03.000 Not my opinion.

00:09:05.000 As they as you look out here with the with aggregate demand dropping and walk me through your.

00:09:12.000 How do you think the Fed's going to think about this?

00:09:14.000 I think tomorrow's another another session.

00:09:17.000 Right.

00:09:18.000 Talk to me about what the hell the Fed's going to think about this.

00:09:21.000 Look, the Fed is going to continue raising rates.

00:09:24.000 It is.

00:09:25.000 Now, will the Fed be happy that inflation has come from above nine percent to just above seven?

00:09:29.000 Yes. And I think that is that that slowing of the inflationary ascent.

00:09:34.000 You know, again, prices are not going down.

00:09:36.000 Don't let the corporate media control the narrative or fool you here.

00:09:39.000 Prices are not going down.

00:09:40.000 They are just not surging at quite the rate that they were before.

00:09:44.000 So but is the Fed going to welcome the fact that inflation is cooling a bit from the towards scorching pace of summer?

00:09:50.000 Yes.

00:09:51.000 But is the Fed also going to continue to raise rates?

00:09:53.000 Also, yes, the Fed is going to continue to raise rates.

00:09:56.000 And it must, by the way. Listen, I think the Fed is now doing the right thing.

00:10:00.000 Now, I'm not absolving the Fed of its total complicity in creating this inflation.

00:10:05.000 OK, but the Fed has finally awakened to a crisis that it itself helped to create.

00:10:10.000 That's the reality here.

00:10:11.000 And so the Fed, I think, is going to remain vigilant.

00:10:14.000 The Fed, you know, listen, Jerome Powell is an incredibly political beast.

00:10:17.000 He's literally a Washington lifer.

00:10:19.000 He's not somebody who ever did anything consequential in the private sector.

00:10:22.000 He's not somebody who worked in interest rates or worked at a small bank, the kinds of practice, practical experience that might be beneficial to a Fed chair.

00:10:30.000 He and like Janet Yellen, his predecessor before him, is really just more committed to narrative than economic reality.

00:10:37.000 So we'll hear a lot of double speak from him, which is typical of economists and typical, unfortunately, of a lot of Fed folks.

00:10:44.000 And so you'll hear him say on the one hand, on the other hand, he'll give us the back and forth.

00:10:48.000 But the rubber meets the road regarding interest rates.

00:10:51.000 The reality is the Fed is going to continue raising interest rates.

00:10:54.000 The Fed needs to continue to raise interest rates.

00:10:56.000 But right now it's the worst of all worlds.

00:10:59.000 And the bond market agrees with me, by the way.

00:11:01.000 That's why we have an inverted yield curve.

00:11:03.000 What I mean worst of all worlds is we still have very problematic inflation into a recession.

00:11:09.000 So normally into a recession, into a slowdown like this, what the Fed would be doing is the opposite.

00:11:15.000 The Fed would actually be accommodating the economy and financial markets. 0.54

00:11:19.000 We have the opposite scenario right now because we have created stagflation in this country, something the United States has not experienced since the 1970s, where growth slows but prices stay extremely high.

00:11:31.000 It's again, it's like putting the economy in a vice.

00:11:34.000 And regular Americans, even if they don't follow economics, even if they don't follow financial markets, they realize this, you know, right?

00:11:40.000 They realize that their pay can't remotely keep up with the prices of the goods they need in their lives.

00:11:45.000 And so this is their reality on the ground. It's why they're so incredibly dissatisfied with the economy.

00:11:50.000 If they talk about getting back to 2% inflation and that's still his, you know, that's still his target.

00:11:56.000 Correct. 2% inflation.

00:11:58.000 That means you've got to, it's got to eventually you've got to not just have demand destruction.

00:12:04.000 Demand destruction has to roll over to more unemployment because think people are selling less the services business and wages drop that way.

00:12:12.000 Correct. They, they've got to get their focus. They got to get wages under control. They got to keep doing this 2% seems like a tough target to hit.

00:12:20.000 Would you agree? And that, that would look like all the way through 2023, you're going to be doing this.

00:12:24.000 Oh, absolutely. Listen, I mean, we're not even in the neighborhood of 2%, right?

00:12:28.000 I mean, coming from nine to seven again is welcome, but we're not in the neighborhood of 2%.

00:12:33.000 And to your point, Steve, yes, the only way to actually get to 2%, given the systemic inflation that is so embedded in our system, the only way to get there is for this recession that we're already in.

00:12:45.000 And by the way, according to polling from CNN, 75% of Americans believe that we are currently in a recession.

00:12:51.000 So the only way to get there is for this recession that we're already in to massively intensify and for the layoffs to accelerate.

00:12:58.000 Now, sadly, I think that's coming, you know, and that's why, again, weeks ago, I wrote this article.

00:13:03.000 Folks can find on my sub stack where I said, I do believe actually inflation has probably peaked, but not for any good reason, right?

00:13:09.000 Not for any good reason, not because of good policy changes.

00:13:12.000 No, because that inflation tipped us into such a deep recession and there is such a free fall in the Chinese economy, which is so crucial for global inflation, that those two forces are going to cool inflation a bit.

00:13:24.000 It still remains a systemic problem, but it's not quite as pernicious as it was during the summer.

00:13:30.000 I've got up on getter and everybody can go to getter to my, to my feet.

00:13:36.000 I've got a story on the American recovery act thing.

00:13:39.000 I put it up there this morning about the, you know, the train dollars of American recovery act.

00:13:43.000 They're just, they're, they're spending like drunken sailors on all this, you know, a new weight room in the, in the community center.

00:13:51.000 But there seems to be a disconnect between the fiscal part of this and the monetary part.

00:13:56.000 They're debating up here right now.

00:13:58.000 We'll get more into it after we go to the border.

00:14:01.000 But they're talking about another tray into $2 trillion unfunded, unfunded discretionary spending.

00:14:08.000 This huge fight they're having right now, this omnibus that they want to just, the Democrats are just dying.

00:14:14.000 And the Republicans, quite frankly, are not fighting hard enough.

00:14:17.000 They're fighting, but they're not fighting hard enough.

00:14:19.000 This has to be stopped.

00:14:20.000 But you see this, this is just going to be, this is completely inflationary.

00:14:24.000 Another massive, you know, a stimulus, essentially stimulus program is what they've got.

00:14:31.000 Hang on for a second, Steve.

00:14:32.000 You're going to hang with me.

00:14:33.000 We're going to take a short break.

00:14:34.000 We've got Todd worked out.

00:14:35.000 We're going to go to El Paso, Texas, something that's never happened before.

00:14:40.000 I mean, now these caravans are just coming up and, hey, where are you guys?

00:14:44.000 Processes.

00:14:45.000 Can we get our phone, get our card, get our ID?

00:14:47.000 We're ready to roll.

00:14:48.000 The invasion of the United States of America.

00:14:51.000 Point of contact, El Paso, Texas.

00:14:53.000 We're going to go there next in the war room.

00:14:55.000 Will the lack of a red wave during the midterms lead to a more emboldened Biden, more wasteful

00:15:05.000 government spending, higher taxes, a deepening of inflation?

00:15:08.000 And how do you protect your hard earned savings from chaotic financial markets?

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00:16:02.000 Do it today.

00:16:03.000 Take action.

00:16:04.000 Use your agency.

00:16:05.000 Here's your host, Stephen K. Bannon.

00:16:12.000 We've got push factors and pull factors.

00:16:15.000 We have added millions of dollars, billions of dollars since 2014, 2015 to help the Central American countries, help those countries over there.

00:16:26.000 But now we're seeing that there are people coming in from different countries besides the Central American countries.

00:16:32.000 So we have to address the push factors.

00:16:35.000 The pull factors are very simple.

00:16:37.000 You've got to have not only the money, the personnel, the equipment, the technology, but you've got to have also the right policies at the border.

00:16:47.000 And if you give the impression that the borders open, it doesn't matter if you have all the technology, all the border patrol agents, because all they're going to do is catch them when they come in, process them in some sort of way, put them to either report to a nice office later or to the immigration courts.

00:17:06.000 And right now, the immigration courts are overwhelmed.

00:17:09.000 I've added literally hundreds of new judges over the year over the years and look what's happened right now.

00:17:16.000 We've got the highest number of backlog cases for the immigration courts.

00:17:20.000 So I would say the equipment, the technology, the personnel at the border, the funding part, working with the other countries so we don't play defense on the one yard line, but on their 20 yard line, and have compassionate, dignified policies, but strict policies that follow the law so we don't give the impression that the border is open.

00:17:41.000 As long as the border, they have the impression that the border is open, they're going to keep coming.

00:17:46.000 And right now, there are thousands and thousands and thousands of people that are still waiting across, waiting for Title 42 to go away.

00:17:55.000 So the invasion of the country, which I think is going to be the first article of impeachment on Biden, I've said this from the beginning, it's getting worse.

00:18:02.000 There you had a Democratic congressman, and he even admits, you've got these policies as open border, you're not going to stop this human tidal wave.

00:18:10.000 And it's not just that we have an open border.

00:18:13.000 The system is set up to process you into the country as quickly as possible on the scam of asylum. 0.97

00:18:21.000 There's no asylum.

00:18:22.000 This is all about economics.

00:18:24.000 They're economic migrants.

00:18:26.000 Therefore, they do not rate asylum.

00:18:29.000 Asylum should be only used in very specific cases for political oppression, right? 0.95

00:18:35.000 And you don't really see that in Central America or in Latin America, sorry.

00:18:39.000 And the countries are coming through.

00:18:42.000 Otherwise, you've got the whole thing.

00:18:44.000 You've got to stop at the first country. 0.97

00:18:46.000 The system, this is a system just to invade.

00:18:49.000 It is set up by the radical left NGOs and the radicals in the administrative state to exacerbate an invasion of the United States of America.

00:19:00.000 America full stop.

00:19:02.000 Todd Benzman, you're up in Daily Mail today, the biggest news site in the world, the biggest paper in the world, with a brilliant article.

00:19:11.000 Walk us through it.

00:19:12.000 And particularly the point of attack right now is El Paso, Texas, which is going through tremendous perturbations because of this.

00:19:21.000 And I want to play, make sure we play the four.

00:19:23.000 We got tied up.

00:19:24.000 Let's play this incredible footage.

00:19:25.000 I mean, even the New York Times, who is a strong proponent of open borders.

00:19:30.000 And right there, you got this.

00:19:32.000 You saw it last night on the show.

00:19:34.000 You saw this incredibly haunting footage of this caravan from Central America.

00:19:40.000 I think Nicaragua.

00:19:41.000 That is, you know, over a thousand that just kind of walk in.

00:19:45.000 Let's be processed.

00:19:46.000 Give me my phone.

00:19:47.000 Give me my money.

00:19:48.000 Put me on a bus.

00:19:50.000 Todd Benzman, this scam is destroying the nation.

00:19:53.000 Is it not, sir?

00:19:54.000 Well, first, let me just point out that that huge number that crossed in El Paso within the last couple of days,

00:20:04.000 that corresponds to a caravan in the far south of Mexico that had formed of 2,500 that the Mexican military put on buses.

00:20:17.000 They called this a rescue, but they put them on buses in what I've often called an ant operation.

00:20:24.000 These ant operations where they bring them up to the border in different dispersed groups.

00:20:30.000 I'm not, I don't know for a fact that this is one of that groups, but the timing sure fits.

00:20:37.000 So I think that this is a Mexican military operation to clear them out of their south because they're a big problem in the southern provinces and everywhere else, too.

00:20:49.000 And they want to make this an American problem.

00:20:52.000 That said, we are close to the end of Title 42.

00:20:56.000 We've talked about that many times on your show.

00:20:58.000 But I just want to point out that Title 42 is best understood in terms of the asylum process that you just described.

00:21:09.000 It's going to open access to that asylum process by everybody who crosses the border now instead of 60% or 40%.

00:21:23.000 Lately, it's been about 40% of everybody who crosses the border still gets kicked back under Title 42.

00:21:30.000 Now it should be 100% of everybody who reaches the border gets access to this asylum system where all they have to do is say, I intend to apply for asylum at some point.

00:21:45.000 And we are processing them immediately into the country into the six year long wait lists, which basically means you're in here forever.

00:21:55.000 That is the pull factor here.

00:21:57.000 That is the only pull factor that really matters.

00:22:01.000 It's policy that allows everybody access to this completely fouled up, screwed up asylum process that has to be eliminated.

00:22:13.000 It has to be eliminated, the asylum system and rebuilt so that, as you say, first country, if you cross through. 1.00

00:22:21.000 No, no, no, no.

00:22:22.000 You have to have Kevin McCarthy, if he wants to be Speaker of the House, has to say, guess what?

00:22:27.000 This is why you have to fight this omnibus bill now.

00:22:30.000 Get it kicked into January.

00:22:33.000 And the Republicans got to go, no, we're defunding DHS.

00:22:36.000 It's not going to be any money until we stop this.

00:22:39.000 We're not going to.

00:22:40.000 It's not a screwed up system.

00:22:42.000 It's working for the people that want the invasion of the country to go.

00:22:45.000 This is a very well thought through system, a processes system.

00:22:49.000 Is it not?

00:22:50.000 It's achieving their objectives.

00:22:52.000 They've got what?

00:22:53.000 Five million people here already in the first two years, six, seven.

00:22:56.000 We don't even know.

00:22:57.000 No.

00:22:58.000 Well, if you want if you want unimpeded entry by if you want no impediment whatsoever between the United States and 700 million people in the world that live in extreme policy poverty.

00:23:12.000 This asylum system works brilliantly.

00:23:15.000 It is a bypass to mandatory, congressionally mandatory statutes that require detention and removal immediately.

00:23:25.000 When you say the magic three words, I want asylum.

00:23:29.000 It's a bypass right into the country.

00:23:31.000 It's unbelievably successful if that's what you want.

00:23:35.000 But if you want a controlled border like every other nation in the world, there's no other nation that does this.

00:23:42.000 Even Canada has a first.

00:23:44.000 If you've crossed through another country first and didn't apply for asylum, you're ineligible.

00:23:52.000 Every country has this but ours.

00:23:56.000 Now, what's happening right now is these things.

00:23:59.000 By the way, ho, ho, ho, ho, ho.

00:24:01.000 Slow down.

00:24:02.000 Slow down.

00:24:03.000 Slow down.

00:24:04.000 I want to make sure we get our nomenclature right.

00:24:05.000 We have it.

00:24:07.000 It's being waived illegally.

00:24:09.000 Nobody's approved this to be.

00:24:10.000 This is my point.

00:24:11.000 This is the first.

00:24:13.000 If the house has titanium stones and does an investigation, they've broken the rule of law on this.

00:24:21.000 I'll have El Nino on here in a second.

00:24:23.000 David Rodriguez.

00:24:24.000 I'll tell you what life is like in El Paso itself.

00:24:27.000 This is the you agree, Todd.

00:24:30.000 Nobody passed anything in Congress that said the basic architectonics of our asylum system has been waived.

00:24:38.000 The system should still be and still is if implemented, if acted upon legally, is that you've got to claim it in the first country that you go to.

00:24:49.000 Not come all the way up across the world, whether it's from Africa or whether it's from the Caribbean or for others from Ukraine.

00:24:56.000 This has nothing to do with race or ethnicity.

00:24:59.000 The Ukrainians or the Ukrainians, Eastern Europeans are abusing this, too.

00:25:03.000 Hey, the Irish abuse it up in up in up in New York City in Long Island. 0.84

00:25:08.000 Right. 0.96

00:25:09.000 Well, this is this is an abuse.

00:25:11.000 This is an abused.

00:25:12.000 This is system is abused.

00:25:13.000 Now it's just open.

00:25:14.000 Were you having you're going to have when title forty two goes off?

00:25:18.000 Is it twenty thousand?

00:25:19.000 Is it?

00:25:20.000 It was twelve to eighteen thousand a day.

00:25:22.000 They were projecting.

00:25:23.000 Now is it twenty thousand a day?

00:25:25.000 They're talking about twenty thousand a day.

00:25:27.000 That would be two army divisions, ladies and gentlemen, per day.

00:25:31.000 I haven't heard that that last part, but the intelligence community is providing assessments of twelve to eighteen thousand a day.

00:25:41.000 What you're looking at there on the screen, that is the latest Mexican visa that is being handed out to thousands and thousands of the immigrants down in Tapachula.

00:25:53.000 Now, if you were to show up at the Canadian border with one of these, you would be immediately repelled.

00:26:00.000 But in the United States, they just throw them on the ground and you come in and we don't check with the Mexicans to see if you had one. 1.00

00:26:08.000 These are what the Mexicans are handing out right now in Tapachula to anybody who crosses their border. 0.68

00:26:15.000 It's their shortcut straight to the U.S. border.

00:26:19.000 Multifamily visas.

00:26:21.000 I found this one on the ground across from Yuma.

00:26:25.000 But just just to reiterate, Title 42 to understand this, the elimination of Title 42 is that it's very inextricably connected to our asylum system.

00:26:39.000 This whole thing is about our asylum system.

00:26:42.000 When Trump was in office, he implemented a safe third country policy, which basically said, if you cross if you're El Salvadoran and you cross through Guatemala and don't apply for asylum there, we're deporting you back to Guatemala.

00:27:00.000 That's what the whole world does.

00:27:01.000 That's what the whole world does.

00:27:02.000 That's the normal thing.

00:27:04.000 But the very first thing the Biden administration did on day one was eliminate that to make this asylum process available.

00:27:12.000 We could be looking at anywhere from 4.4 million a year at the bottom end, according to the intelligence community, to 6.2 million a year once Title 42 goes away.

00:27:28.000 I hope they're wrong.

00:27:30.000 We'll see.

00:27:31.000 They're not wrong. 0.51

00:27:32.000 Either way, Mexican media shows.

00:27:34.000 Yes.

00:27:35.000 They're not wrong. 0.51

00:27:36.000 There's going to be worse than that.

00:27:38.000 Let's take a short break.

00:27:39.000 We have David Rodriguez in El Paso.

00:27:41.000 We have Todd Benzman from CIS is with us.

00:27:44.000 Big article on Daily Mail.

00:27:45.000 We have Steve Cortez.

00:27:47.000 Short commercial break.

00:27:48.000 Be back in the war room.

00:27:49.000 Going to El Paso, Texas next.

00:27:51.000 Bring it on and have a fight to the end. 0.69

00:27:53.000 Just watch and see.

00:27:54.000 It's all started.

00:27:56.000 Everything's begun.

00:27:58.000 And you're all over.

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00:28:54.000 Here's your host, Stephen K. Back.

00:28:58.000 Hey, welcome back.

00:28:59.000 By the way, Cortez, we haven't even had opportunity to talk about the SBF, the Democrat money launderer, just the random event that he was going to get hammered today by the House Financial Services.

00:29:12.000 The Republicans were there, had thousands of questions about his money laundering operation to fund Democrats and what I think Elon Musk said was a billion dollars that he did.

00:29:23.000 Of course, they arrested him last night.

00:29:26.000 There are no coincidences, right?

00:29:27.000 They arrested him.

00:29:28.000 Let me get your thoughts on this invasion of the southern border, Steve.

00:29:31.000 I got David Rodriguez from, by the way, I've now got a Colombian boxer from the south side of Chicago and I got a Mexican boxer from the mean streets of El Paso.

00:29:42.000 Right.

00:29:43.000 I see a charity event down at the wall.

00:29:45.000 Eventually, El Nino, when you get in good enough shape to take on Cortez, the Colombian bomber.

00:29:51.000 Steve, your thoughts on this invasion of the southern border?

00:29:54.000 I love it, by the way.

00:29:55.000 It'll be the battle of the bad hombres and let's do it.

00:29:59.000 It'd be fun.

00:30:00.000 What's not fun is the situation at the U.S. border.

00:30:03.000 You know, and by the way, you mentioned I grew up in a tough neighborhood on the south side of Chicago.

00:30:06.000 America has a lot of tough neighborhoods.

00:30:08.000 Coming from a tough neighborhood is not a legitimate reason for asylum in the United States.

00:30:14.000 So these people, these masses of people who are coming from Central America, they're coming from Guatemala and from El Salvador and from Honduras.

00:30:22.000 Steve, those are tough places, but they are not places of systemic oppression.

00:30:26.000 These are not legitimate asylum seekers. 1.00

00:30:29.000 That's the reality.

00:30:30.000 They are economic migrants who are abusing the generosity and goodwill of the United States with the assistance, with the explicit assistance of American leftists, especially the NGOs that are funded by George Soros. 0.99

00:30:43.000 So this open border situation, by the way, to connect the dots between both of your previous two segments, to connect the dots, open borders are always a terrible idea for the United States, for our national security, for our street safety, for our rule of law, our sovereignty.

00:30:56.000 But it's a particularly awful idea in a time of economic stress.

00:31:01.000 In other words, I showed that chart of real wages declining now in the United States for 20 straight months.

00:31:06.000 Given that situation, given that crisis, that economic crisis in this country, the worst idea possible is to import millions of new workers to compete unlawfully and unjustly in the labor market against American citizens.

00:31:21.000 That's the reality of the citizens.

00:31:22.000 That's the reality of what is happening at the border right now.

00:31:24.000 Also, just one final point I'd like to make, please, on the border is I'd like to pay tribute to the brave men and women of customs and border protection who are real bad hombres guarding the front door of America doing incredibly hard work, dangerous work.

00:31:37.000 And their lives, their jobs have been made so much more difficult by this open borders madness of Joe Biden.

00:31:43.000 He has yet to mention the agent who perished just days ago.

00:31:47.000 And I think we should pay tribute to him.

00:31:49.000 Raul Humberto Gonzalez, Jr.

00:31:51.000 He died doing his job.

00:31:53.000 He was chasing.

00:31:54.000 He died in an ATV crash chasing after illegal migrants who had trespassed in to the United States.

00:32:00.000 Agent Gonzalez gave his life to the service of our country.

00:32:03.000 He has yet to be mentioned by Joe Biden, but I think it's proper for us to mention him there.

00:32:08.000 There's a photo of Agent Gonzalez who leaves behind two very young children.

00:32:12.000 So rest in peace, hero.

00:32:14.000 You serve this country.

00:32:15.000 You did dangerous work to protect America.

00:32:17.000 And there's a lot of folks like him who are still on watch, still trying to guard the front door of America.

00:32:23.000 Their job has been made almost impossible by Joe Biden.

00:32:27.000 There's no time to speak about Agent Gonzalez, a patriot given his life for his country because they're too busy, is slobbering over themselves on Brittany Griner, a woman who hates her country.

00:32:39.000 Right.

00:32:40.000 So, you know, this is the Biden.

00:32:42.000 This is the Biden regime.

00:32:43.000 Let me go to El Nino, David Rodriguez.

00:32:46.000 David, you're a pretty tough guy.

00:32:48.000 Tell me about El Paso, Texas, and your fears down there right now.

00:32:52.000 Well, I have elderly parents.

00:32:55.000 I have family here in El Paso, and I don't feel safe anymore.

00:33:00.000 I think what's happening is there's a criminal element.

00:33:03.000 People, you know, people like to say there's, you know, families coming.

00:33:07.000 I mean, yes, there are families coming, but there's a lot of MS-13.

00:33:10.000 There's a lot of gang members, cartels coming over from Ciudad Juarez.

00:33:14.000 And here's the thing.

00:33:15.000 I just picked up my housekeeper, you know, three days ago.

00:33:19.000 Right.

00:33:20.000 And I pick her up at the bridge and she is scared.

00:33:22.000 She lives in Ciudad Juarez and she is scared because the violent crime has spiked in Ciudad Juarez so much.

00:33:30.000 They can't wait for Title 42 to end so that these people come here. 1.00

00:33:34.000 Okay.

00:33:35.000 They want them coming here.

00:33:36.000 The people in Juarez don't even want them there.

00:33:38.000 You got El Salvadorians. 0.99

00:33:40.000 You got Honduras, Venezuelans. 1.00

00:33:42.000 You got people from Afghanistan there, all in Ciudad Juarez. 1.00

00:33:47.000 Okay.

00:33:48.000 And Greg Abbott is doing, and I gotta, I gotta be, I gotta just say it, Steve.

00:33:53.000 He's doing nothing.

00:33:54.000 Okay.

00:33:55.000 I don't know what this, he invoked this invasion clause.

00:33:58.000 I don't know what it did.

00:33:59.000 He did nothing.

00:34:00.000 There's nobody at the border.

00:34:01.000 There's no border patrol at manning the border because why?

00:34:04.000 They're all at the processing centers right now because of the influx of migrants that are coming here. 0.99

00:34:10.000 Processing center right now, Steve, there's 7,000.

00:34:16.000 And this is from one of my border patrol friends at the processing center.

00:34:20.000 7,000 at any given processing center.

00:34:24.000 And they can only hold 1,600.

00:34:27.000 Okay.

00:34:28.000 They can only hold up to 1,600 people and there's 7,000 at the processing centers.

00:34:32.000 So, and here's another thing, another little fun fact.

00:34:35.000 It's not a thousand people at the, in the caravan.

00:34:38.000 That's over 2,000 is what the numbers are.

00:34:41.000 The real numbers.

00:34:42.000 I thought, before I go back to Todd Bensman, I thought Abbott had a proclamation.

00:34:47.000 He's kind of trying to draft off Cary Lake.

00:34:50.000 He had a proclamation that he declared an invasion on the southern border.

00:34:54.000 The cartels were terrorist groups.

00:34:57.000 That was a lot of big talk before the, before the election.

00:35:00.000 What, what, what happened at post midterm?

00:35:03.000 I've seen it get immensely where it's worse.

00:35:06.000 It's way worse.

00:35:07.000 I was just driving up.

00:35:08.000 In fact, on I-10, the stretch of highway next to the wall, the fence, let's just call it a fence.

00:35:14.000 Where they're actually catapulting over the fence.

00:35:18.000 I, I, a lady got hit on I-10 just days ago.

00:35:22.000 Okay.

00:35:23.000 Killed a car hitter.

00:35:24.000 Also on Paisano, which you've seen, you have seen that street, that stretch of road, Steve.

00:35:28.000 There's, they're catapulting over that fence.

00:35:31.000 Men from the ages of 15 to 35, jumping over the fence, crouching down below, running like military train.

00:35:39.000 It looks like they're military train coming over the street.

00:35:42.000 And, uh, I saw this with my own eyes.

00:35:44.000 I didn't have my phone fast enough to catch it because I was driving, but it almost caused a massive accident.

00:35:49.000 Uh, Todd Benzman is, is, is David right?

00:35:53.000 Or is this the border patrol really been pulled off back to processing centers just to process these people, uh, these illegitimate economic migrants, because they're not, we don't have asylum for economic migrants.

00:36:05.000 Is there, is there, this is why, by the way, on Capitol Hill, remember what they're talking about is two to four million.

00:36:11.000 Uh, uh, asylum, right.

00:36:14.000 Amnesty for two to four million right now, which would be even a bigger magnet. 0.97

00:36:17.000 Is the border patrol just turned into a pro and ice.

00:36:20.000 Are they just processing officers right now?

00:36:23.000 They just do nothing but process, uh, the invasion.

00:36:26.000 Absolutely.

00:36:27.000 Uh, I have border patrol friends in a big Ben sector and Tucson sector who are telling me that they are being redeployed from their own sectors to the El Paso sector to help with the processing, uh, going on there.

00:36:44.000 Uh, I want to, so, so yes, so now you've got to, now you're going to have other busy sectors left.

00:36:50.000 They're already reduced.

00:36:51.000 Their defenses are already diminished very, very significantly.

00:36:55.000 Uh, now that you're going to be moving border patrol agents from all along the rest of the border to these hotspots.

00:37:02.000 So get ready for that.

00:37:03.000 El Paso happens to be a hotspot.

00:37:05.000 Uh, one thing that I want to point out about El Paso that is, uh, different than a lot of the other sectors right now are the, the runners and gotaways.

00:37:17.000 Uh, I have sources who are giving me the data for the gotaways, uh, there.

00:37:22.000 And just in the last eight weeks, we've had almost 60,000 gotaways caught there.

00:37:29.000 And remember, there are no border patrol agents on the ground who are able to count gotaways.

00:37:35.000 You have to be able to look at footprints.

00:37:37.000 So that's just the ones that they happen to catch.

00:37:40.000 It's probably far greater than that.

00:37:42.000 The problem with gotaways and runners is that a large percentage of them are presumed to be criminal aliens, uh, or people that would be pushed back under 42.

00:37:54.000 It is a madhouse at the, we build the wall project.

00:37:58.000 You know, that it goes right up the mountain, right past that, that mountain is where they're pouring through all over that mountain running.

00:38:07.000 And, uh, your other guests there just described a military type tactic.

00:38:12.000 What they're doing is, uh, they're, they will gather up in formations all along, uh, areas of the border, mostly on the New Mexico side.

00:38:22.000 And when the helicopters go away or when there's a shift change, they bonsai run. 1.00

00:38:27.000 So there are these bonsai charges all day, all night, hundreds and hundreds of runners going on there.

00:38:34.000 I will give the Texas, uh, Abbott one bit of credit here, which is that when border patrol is gone processing like this, the only thing that stands between those runners and the interior are these DPS helicopters and agents on the ground who at least are able to catch the runners.

00:38:56.000 And check to see if they have criminal histories and, you know, what type of criminals are crossing the criminals get caught.

00:39:03.000 Uh, and I, full, full, full disclosure, I, you know, I worked for Texas DPS for almost 10 years.

00:39:09.000 So I have a little bit of a bias.

00:39:11.000 However, they are there in force surged, uh, uh, loan operation loan star in that sector.

00:39:18.000 But, but, but, but, but if you, if you don't have a criminal record, they, they let you go into the interior, right?

00:39:23.000 They put you in the process.

00:39:24.000 They have to turn them over.

00:39:25.000 They don't send you back.

00:39:26.000 They have to turn them over to border patrol.

00:39:28.000 Okay.

00:39:29.000 And then the hero, the heroism of DPS, uh, I give a hat tip to Abbott's, uh, Abbott's got every opportunity to turn them back.

00:39:37.000 It's just gutless.

00:39:38.000 This is the political class that you've got.

00:39:40.000 Um, Todd, I know you get a bounce.

00:39:42.000 How do people get to you?

00:39:43.000 The daily mail's got the big story up.

00:39:45.000 How do they get to the rest of your writings and your social media?

00:39:48.000 So you can find me at, uh, center for immigration studies, CIS.org.

00:39:54.000 Uh, I'm also at T Benzman getter and Todd Benzman at truth social and Todd Benzman.com.

00:40:03.000 You can find all my writings there.

00:40:05.000 Todd.

00:40:06.000 Great job.

00:40:07.000 Great article on a daily mail.

00:40:08.000 Everybody's finally catching up with your, your great reporting.

00:40:11.000 You've had on here for months.

00:40:12.000 Appreciate it.

00:40:13.000 Uh, El Nino, uh, the mayor, the Democrats that, uh, that control El Paso, the mayor Abbott's bad enough, but in the city, the city is basically saying nothing either.

00:40:24.000 Right.

00:40:25.000 The mayor would have every opportunity to try to do something here.

00:40:27.000 Talk to me.

00:40:28.000 A lot of people have called him out.

00:40:29.000 A lot of Democrats have called him out.

00:40:31.000 He's still doing nothing.

00:40:32.000 Oscar Leaser is his name.

00:40:34.000 Uh, and he's a joke.

00:40:36.000 Uh, just like I say, and look, Steve, I'm just going to be honest.

00:40:39.000 Like I always am.

00:40:40.000 I think Abbott's a rhino.

00:40:42.000 And then I've always said that I'm going to say here on the show.

00:40:45.000 I don't trust him.

00:40:46.000 The border has gotten worse.

00:40:47.000 I live here on the border.

00:40:48.000 I see what's happening.

00:40:50.000 It's a joke.

00:40:51.000 It's a joke.

00:40:52.000 And since Abbott is called for the invasion clause and all this, it has gotten substantially worse.

00:40:58.000 It's worse.

00:41:01.000 Uh, El Nino.

00:41:02.000 How do people get to your podcast?

00:41:03.000 How do they get to, by the way, we agree with you a thousand percent.

00:41:06.000 How do I know our audience agrees with the 10,000 percent.

00:41:09.000 How do, uh, how do people get to your podcast and how they get to your website and your social media?

00:41:14.000 Uh, I'm telegram on Nino's corner.

00:41:16.000 Just look up.

00:41:17.000 I'm basically Nino's corner on everything.

00:41:19.000 But, uh, I have a great guests on Nino's corner dot TV, Nino's corner dot TV.

00:41:24.000 And, uh, a lot of fringe content on there.

00:41:27.000 A lot of fringe content where we go deep into the underbelly of the deep state war.

00:41:31.000 Yeah, no, great content.

00:41:34.000 Uh, exactly, sir.

00:41:36.000 You trained me.

00:41:37.000 Thank you.

00:41:38.000 Thank you, David Rodriguez.

00:41:39.000 Appreciate it, brother.

00:41:41.000 Live from El Paso, Texas.

00:41:43.000 By the way, we built that wall right up the hill and they're coming over that mountain.

00:41:47.000 That shows you, uh, how tough this is getting because that is a brutal climb.

00:41:51.000 Uh, Cortez, before we go to break, um, the, the Republicans have got to shut, got to defund

00:41:57.000 all this to kind of get, we got, we got to have a confrontation.

00:42:00.000 Is there any doubt we have to have a confrontation about this in January?

00:42:03.000 No doubt at all.

00:42:04.000 This is task one job one for the incoming GOP house, uh, which we earned the American people

00:42:10.000 the deplorables, uh, earned that victory to hand that gavel over from Nancy Pelosi to the 1.00

00:42:15.000 Republicans.

00:42:16.000 And the very first task in front of them is to insist using the power of the purse to

00:42:21.000 insist that Joe Biden secure the sovereignty of the United States and stop this tsunami

00:42:26.000 of trespassers.

00:42:27.000 Okay.

00:42:28.000 Cortez is going to hold with us.

00:42:29.000 We're going to get, uh, Christina Bob talk about Mojave County.

00:42:32.000 Mojave County, Arizona, uh, MTG.

00:42:36.000 We think it's going to be in the house shortly.

00:42:39.000 We'll keep the update on all of it.

00:42:41.000 Back in a moment.

00:42:42.000 In Joe Biden's America, criminals are exalted and the police are condemned.

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00:44:39.000 Okay.

00:44:40.000 Welcome back.

00:44:41.000 Make sure you get on Getter, particularly stuff going on in Brazil.

00:44:44.000 We'll hopefully have some updates in the second hour, if not at five o'clock.

00:44:47.000 A lot of activity going on there.

00:44:50.000 Everything.

00:44:51.000 We're going up on live streams all the time.

00:44:52.000 Cortez is there.

00:44:53.000 All your contributors, including me, and just get on my Getter feed.

00:44:58.000 You can see the stream of consciousness all day long.

00:45:01.000 In fact, there are two stories up there, Cortez.

00:45:03.000 I want to connect dots.

00:45:05.000 There's a Wall Street Journal.

00:45:07.000 And it's stunning to me that nobody reported this until now.

00:45:10.000 November.

00:45:11.000 And this is why there's no, there's no, not just coordination.

00:45:15.000 There's no, it's, it's like two different entities.

00:45:20.000 You've got the Fed that's increasing interest rates, right?

00:45:24.000 Trying to crush aggregate demand, trying to crush wages.

00:45:28.000 They clearly the Biden administration wants his invasion to, to dramatically lower wages among working class people.

00:45:36.000 And that's why it's so awful to Hispanic Americans and the African Americans. 1.00

00:45:41.000 Right.

00:45:42.000 Um, and then you've got the fiscal side, which is in the history of the country, the biggest deficit, you know, Biden's up there.

00:45:51.000 I've done deficits, all lies and misrepresentation, misrepresentation, the biggest deficit in the history of the nation, $250 billion in one month.

00:46:01.000 And one of the reasons the, the spending from last year is still out of control, but as we said, and they keep giving you happy talk, the tax revenues definitely dropping, right?

00:46:11.000 The, the tariffs and fees and other things are dropping because of less activity in the, in the, uh, in, in, in, in, they don't, they keep lying about that.

00:46:20.000 About $250 billion, a quarter of a trillion dollars in one month, Steve Cortez, sir.

00:46:27.000 Yes. Uh, listen, I, you know, I'm glad that the wall street journal, albeit late, at least address this issue to put that in context, by the way, $250 billion deficit in a single month compared to November of last year of 2021, it's $57 billion higher.

00:46:42.000 Why? Because, you know, I mentioned earlier that the U S consumer is in a financial vice.

00:46:47.000 Well, so is the U S budget. All right. Right now, the, the national federal budget is also in advice, uh, for folks who watched happy days, who sort of grew up watching that show.

00:46:55.000 Like I did. It's the Malachi crunch. If you remember that when pinky Tuscadero, the Malachi brothers hit her car from both sides. 0.99

00:47:02.000 That's what's happening right now to the U S budget. What I mean by that is you mentioned tax revenues are plunging because of the Biden recession. That's the reality.

00:47:11.000 But at the same time, that would be bad enough at the same time, Steve, the financing costs of the existing federal debt.

00:47:18.000 Those financing costs are skyrocketing because of higher interest rates.

00:47:22.000 The wall street journal also reported that finance costs have gone up 53% year over year this November versus last November.

00:47:30.000 So you have tax receipts plunging and you have finance costs, interest on the debt surging.

00:47:35.000 That is creating an absolute crisis for the U S budget. And guess what?

00:47:40.000 Deficits suddenly matter again. They really matter. Just ask our friends across the Atlantic and the UK, how much deficits matter.

00:47:47.000 So this is also going to be a priority item for the incoming U S house.

00:47:52.000 I think the first order of business is securing the border.

00:47:54.000 I think the second order of business should be unleashing American energy because that is the quickest, most effective solution to try to address this exact problem that we're talking about.

00:48:03.000 This inflationary spiral that is causing not just pain on main street, but also massive stress on the U S federal budget.

00:48:10.000 And here's what they're talking about up on Capitol Hill right now.

00:48:13.000 They're talking about the defense authorizations. Now in the Senate, it's got all this wokeness in it, but it's got a six, I think 5% increase.

00:48:19.000 It's it's $850 billion. Okay. Just for that. And that didn't include really everything.

00:48:24.000 Eight 50. You've got the, uh, the, the omnibus bill that they're talking about and they're trying to pull every trick in the book to, to, to get it.

00:48:32.000 It would only be two weeks, two weeks until the Republicans get it. That is, I don't know, somewhere in the two trillion, totally unfunded.

00:48:40.000 I don't think that's even counting financing costs. Okay. That's the fiscal crack that you're addicted to this spending.

00:48:47.000 Right. Then you've got the amnesty builder up there talking about. It's not too many people. It's 4 million people.

00:48:52.000 And what is that going to add to it? The, the, the insanity. And this is why with the McCartney, we have MTG in here.

00:48:59.000 Do they have the titanium backbone you need to confront Biden on even before the investigations of DOJ and FBI and all that, which has to happen on the, on the emergencies and crisis, the invasion of the Southern border.

00:49:14.000 Right. And this economy that's basically in a free fall predicated upon their radical ideas on energy, Steve Cortez.

00:49:23.000 No, exactly correct. And listen, this is why this speaker battle, this campaign effectively of who should be the speaker is so important.

00:49:30.000 And it's good that we have a very contested race because we are going to need a leader with, with boldness, right.

00:49:37.000 And to will stand up, but you're exactly correct to make the point, Steve, to, to some extent, it won't matter what the house wants to do in January.

00:49:44.000 If the Senate caves now in December, right.

00:49:47.000 In other words, what we cannot allow the Democrats to do, and they are trying furiously to do this is to effectively handcuff that incoming house GOP majority,

00:49:56.000 bypassing a budget that is so big and extends so far into the future that the power of the purse is simply not relevant.

00:50:02.000 Come January, when we take that gavel away, thank goodness from Nancy Pelosi.

00:50:06.000 So we need to hold the line in these coming weeks and these coming hours and days.

00:50:10.000 Even this is an incredibly important week right now that we're in other lame duck session.

00:50:14.000 And then hold the line now and then really advance our agenda come January, particularly on the border and the budget regarding energy.

00:50:22.000 Before I let you go, the schizophrenia of a monetary policy that's trying to be somewhat restrictive,

00:50:29.000 although in a fiscal policy that is once again unfunded $2 trillion in discretionary spending that you just got to print money for it.

00:50:38.000 The schizophrenia doesn't allow you to get to a solution at the end.

00:50:42.000 Does it, sir?

00:50:43.000 No, it's exactly correct.

00:50:44.000 You know, and what it reminds me of somewhat, even though it's not directly related,

00:50:47.000 it reminds me of the Ukraine situation where NATO is effectively funding both sides of that war.

00:50:52.000 Right. Which makes no sense except for the defense contractors.

00:50:55.000 It's a similar situation. You're exactly correct on the economic side here at home in the United States,

00:51:00.000 where you have the Fed trying to restrain inflation at the same time that we have a Congress that is massively stoking inflation.

00:51:07.000 You're exactly correct. So we need alignment there.

00:51:10.000 And again, the best way to get that alignment, the best way to fight inflation in a real way where we don't celebrate 7% inflation.

00:51:17.000 Let's get back to the 2% inflation era that we had previously.

00:51:20.000 The best way to start that process is by unleashing the power of domestic American energy.

00:51:26.000 Okay. How do we get to you? What is your, what are your context?

00:51:29.000 What are your coordinates that people can get to you, sir?

00:51:31.000 Yes, please follow me on getter. I'm at Steve and follow me on Twitter at Cortez, Steve Cortez with an S.

00:51:38.000 Okay. Steve Cortez, thank you. And thank you for your assessment of capital markets.

00:51:42.000 Ninety second break. I think MTG is going to be in the house.

00:51:46.000 We got Christina Bob is going to walk us through Mojave, another lawsuit.

00:51:50.000 Sonny Borelli and the team dropped a lawsuit in Mojave County, Arizona.

00:51:54.000 We're going to talk all about that. We've got MTG in the house to talk all about what we've teed it up in the first hour.

00:52:00.000 Back in a moment.

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Bannon's War Room - December 13, 2022

Episode 2369： The Surge In El Paso Makes It To the Mainstream

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