Bannon's War Room - Episode 2410： WarRoom： A New Years Special

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

00:00:10.920 these people here's not got a free shot all these networks lying about the people the people have

00:00:17.520 had a belly full of it i know you don't like hearing that i know you've tried to do everything

00:00:21.280 in the world to stop that but you're not going to stop it it's going to happen and where do people

00:00:24.860 like that go to share the big line mega media i wish in my soul i wish that any of these people

00:00:32.680 had a conscience ask yourself what is my task and what is my purpose if that answer is to save my

00:00:40.620 country this country will be saved war room here's your host stephen k van

00:00:47.820 be forgot and never brought to mind

00:01:01.440 should old acquaintance be forgot and on a man's eye

00:01:15.640 okay it's saturday the 31st of december in the year of our lord 2022 it is new year's eve the end of

00:01:43.360 the year i want to thank real america's voice for helping us always with our uh end of the year

00:01:47.960 special got a bunch of great guests today we're going to give shout outs to people all day long

00:01:52.460 they've had particularly big years in the trump movement maga all of it um want to start uh and i

00:01:59.380 want to if if denver's got it it in in our producers put up the because this is a chart this scatter graph

00:02:06.060 that we showed on yesterday's uh show from the financial times of london and i want to make sure

00:02:11.480 everybody incorporates this and it comprehends what this stands for in particular for our podcast

00:02:18.380 and radio audience i ask you guys to please go get signed up for our go to our site get signed up for

00:02:23.260 our email you can see every day we put up a lot of the videos and the um and the uh charts that we do

00:02:30.400 in all of our economic analysis this is a scatter graph that shows the total returns from stocks and

00:02:37.220 bonds total nominal returns from the year 1871 and we've had a couple of panics since i think in the

00:02:46.660 1870s i think we had another one in 1890s had a big one in 1906 led to the formation of the

00:02:52.960 federal reserve we had obviously the great depression you know we've had booms and bust crises

00:02:59.160 etc if you look at this chart scatter graph a super outlier like an outlier like you can't believe

00:03:06.520 is 2022 10 trillion dollars 10 trillion dollars of wealth wiped off of stocks and bonds essentially

00:03:15.200 uh the american people in in pension funds and this goes to this theory of case that elections have

00:03:21.880 consequences stolen elections have catastrophic consequences if you look at the world as we end

00:03:27.920 this year with really a new partnership between the kgb and the ccp you've got russia and china uh not

00:03:34.980 the people so much but you got this corrupt leadership hugging each other you got the mullahs in iran

00:03:39.240 uh you've got erdogan in turkey you now have the gulf emirates along with uh pakistan and of course

00:03:45.520 uh north korea trying to consolidate the eurasian land mass you have an amazing piece by um

00:03:52.200 was it zoltan polzar of credit suisse that talks about the decline in the end that really the the dusk

00:03:59.880 of the petrodollar and the and the dawn of the what they call the petro uh won um the chinese

00:04:06.840 chinese currency the rmb massive major geopolitical relocations this year that are historic and really

00:04:15.480 kick off what i call the dark valley going to be very much like the 1930s and what we have to do is

00:04:19.700 avoid uh what happened in the 1930s is ending up in a kinetic war um and right now we have a war

00:04:27.480 in ukraine that is that is um uh driven by the american elites in the in the biden regime that

00:04:34.440 funding the money and the cash even fox news is talking about it's been a big cheerleader for this

00:04:39.360 uh the russians now of the last couple of days have shelled kiev and other parts of ukraine like

00:04:45.880 world war one world war two uh that war is not a bloomberg tv uh the other day had one expert after

00:04:52.100 the other saying this war is not going to stop anytime soon well we told you this on the at the

00:04:56.980 very very beginning now you have the possibility of a kinetic war in the south china sea and in um

00:05:02.900 and in taiwan because this feckless weak leadership so this year ends on a very uh tough note

00:05:10.180 geopolitically financially retails had a terrible year uh layoffs are about to start uh but the american

00:05:17.360 people voted for a lot of this i keep telling people under 35 years old if you look at that chart

00:05:21.360 of the 10 trillion dollars that's been wiped out in 2022 for a sophisticated eye what it tells you

00:05:27.600 is that it's laid the predicate for these pension funds particularly with unfunded pension liabilities

00:05:33.860 and for public employees and like states of california and illinois new jersey have already been bailed out

00:05:38.520 but also corporate pension funds and for people you know the the african-american low-wage worker the

00:05:45.040 hispanic american low-wage worker and people under 35 you're not really in the system you're not in

00:05:51.660 really the pension system you're not really in the system and you're the ones that continue to vote

00:05:56.940 for this madness you are voting for your own financial and economic destruction and now with

00:06:02.920 this uh the gathering specter of a really a kinetic war uh you're going to be in the charnel house just

00:06:09.160 like the uh women and children in ukraine now over 40 000 dead and we've warned about this from the

00:06:15.020 very beginning today i want to talk i want to bring our guys in i'm getting dave walsh on energy

00:06:19.760 talk about the year and going forward we're going to have uh anthony aguero about the invasion of the

00:06:25.720 southern border but i want to start with mark mitchell over rasmus who's done such a good job and mark

00:06:29.640 first thing i want to talk to you just take the the temperature put in perspective 2022

00:06:35.400 from rasmus's perspective you guys have done some amazing polling on directionally where the country is

00:06:41.400 where where people's heads are at what's your assessment of 2022 sir there's a lot of mixed

00:06:47.640 feelings and this isn't the best time of the year to pull on political things what with congress

00:06:52.200 changing hands i think i'm gonna maybe opine a little bit later in january on that as we see

00:06:58.040 what happens when republicans step into the seat in congress um you know biden approval is up a little

00:07:03.720 bit uh people look around and there's a lot of destruction there's a lot of bad things going on

00:07:09.360 but it's necessarily not really getting pointed at him and part of that's the media part of that's

00:07:16.180 academia and all these other things i mean you you know the challenges well hold it but but hold

00:07:20.580 up but but but the 18 republicans i mean the victories he gets and i think these are victories

00:07:25.040 are actually massive defeats for the american people every time he's had something it's it's

00:07:31.340 these 18 it's 15 to 20 republican collaborationists with mitch mcconnell in the senate that have given

00:07:38.180 him i mean why would the american people the guys that don't pay that close attention to the news

00:07:42.080 and they just see the well he passed at one point he funded the government passed a 1.7 trillion

00:07:46.160 dollar discretionary spending bill and you had it was bipartisan and mitch mcconnell in 18 18 republicans

00:07:52.540 what is it even close embrace it and oh by the way they stuck in because they didn't have the votes they

00:07:56.700 just stuck in the electoral count act which totally changed everything in the electoral count act that

00:08:02.160 president trump and everybody associated with it according to the constitution lays out how state

00:08:07.540 legislatures should be involved so why wouldn't that why wouldn't the lower information voter think

00:08:12.360 hey you know what what's the beef with biden the republicans are supporting him overwhelmingly on

00:08:18.040 these over-the-top spending bills sir biden's not popular biden's platform's not popular

00:08:23.900 people have mentioned this there doesn't appear to be a coordinated opposition republican leadership

00:08:30.380 is not popular with republicans and trumpism is popular but trump hasn't really been in the

00:08:36.580 limelight he hasn't been racking up wins in fact there's been baggage piling up so on the right

00:08:41.820 there's there's confusion you know people look at trump they don't necessarily see him as a savior

00:08:47.360 anymore uh they just we're in a bad spot they seem to want to get past it um and they don't you know

00:08:55.160 they're not necessarily giving biden these successes but what what's the alternative right and you have

00:09:00.800 press just as a filter like figuring out what gets through but i'm there's a lot of bad news and i

00:09:07.180 have more bad news for you now with the polls about the the vaccine deaths that we just ran and it's the

00:09:13.760 numbers are absolutely stunning before i get to the vaccine deficit because this is huge it'll be a

00:09:18.100 massive thing in 2020 i want to go back you just made a great some amazing comments biden's not popular

00:09:24.120 biden's program is not particularly popular trumpism or the republicans there is no organized as the

00:09:32.860 as the um publicancy there's no organized party in opposition trumpism among the republicans is

00:09:41.320 popular but trump because he doesn't look he's that engaged not that he's not popular people just don't

00:09:46.340 know he's the savior is that essentially your your bullet points right absolutely i mean he has his

00:09:53.160 true believers who are on truth social um but people don't look at the republican party as winners

00:10:00.680 i mean we had we ran numbers for mitch mcconnell they're absolutely horrible in fact nancy pelosi

00:10:06.060 polls almost the same as mitch mcconnell among republicans so um when trump's not involved

00:10:13.500 what do people have to look at and to inspire them that there's a better path forward than our current

00:10:20.100 situation if your sense what when you say trumpism is popular because i've got dave walsh on energy

00:10:28.360 i've got anthony aguirre on the evasion of the southern border it's been our frontline reporter

00:10:32.540 there with rv when you say trumpism is popular and biden's program is not that popular the way the

00:10:39.720 public sees it with all this mainstream media around it what is it in that that they like and

00:10:46.540 what is it out there that they don't like generally i mean just the common sense things should we have

00:10:51.920 an open border most democrats say no right should we release violent criminals most democrats say no

00:10:58.700 should we print trillions of dollars and you know kick the can most democrats say no and and yet here we

00:11:06.980 are so you're saying that even with democrats because this is overwhelming with republicans and

00:11:13.320 it's pretty it's pretty highly with independence particularly get back to this this um really

00:11:18.860 humiliation and fiasco of the uh of the discretionary spending what we call the omnibus bill

00:11:25.040 the common sense even the basic relatively low information voter assistant goes this is not right

00:11:31.840 it can't be sustained and we need a change of direction is that essentially what you're saying on the

00:11:36.380 spending part i mean it's it's such a nuanced thing and there's so many issues and the overton window

00:11:42.120 is definitely shifting but it's still on the right side right a really good example is we just did a

00:11:48.560 poll about reparations and still most americans don't want slavery reparations but the numbers

00:11:54.680 getting bigger and bigger especially on the left so the amount of people in the democrat party that

00:12:00.440 support reparations has increased like a crazy amount since like in the last three or four years

00:12:07.860 and still most americans don't want reparations but it's it's changing right but things like open

00:12:14.840 borders still way less popular than reparations things like the violent crime like all these

00:12:20.780 individual issues and they're all moving in different paces um but you know republicans are

00:12:26.200 against them a solid majority independents are against them and depending on the one right like

00:12:32.100 there's only 30 or 40 percent of democrats who support open borders but um it's there and and

00:12:38.340 growing and yeah let me before we finish this uh segment i want to ask you about spending is is

00:12:46.240 are people now comprehending that the system can't just keep that the debt that we're piling up that's

00:12:53.520 financed basically by the federal reserve that there's some limit there's some point in time where that

00:12:59.060 can't continue as long is that starting to seep into the general because our show obviously is

00:13:02.840 people that are very informed we're going to a lot of detail about all this but for the general

00:13:07.020 population is is that starting to come in that the system is not sustainable i'll have to i'll have to

00:13:13.820 think back and look and take that as homework to figure out the most recent question set that directly

00:13:18.140 got at that i'm i'm thinking back we ask questions should the government be bigger or smaller and a

00:13:24.520 plurality of americans say the government should be smaller but i mean it's close right but specifically

00:13:30.480 about the growing debt that's probably something we should look at in the wake of the omnibus bill

00:13:35.200 but i mean the by and large people see all the spending for years right and what's really changed

00:13:43.540 um you know they they hear about the growing debt but they in normieville right like yeah the price

00:13:51.540 is going up but do they tie that to 30 yeah the price is in the insert stretch you got to make

00:13:57.000 that connection uh mark i know we got a lot of other polling to go through i want to get to it

00:14:01.340 all take a short break we got dave walsh got anthony agraria we're also going to do some shout outs

00:14:05.600 for people who uh really contributed beyond beyond above and beyond shouldn't be that hard even on new

00:14:14.800 year's eve above and beyond how's that okay and we're going to play a lot of great uh new year's

00:14:21.320 music how about that short commercial break back with mark mitchell rasmussen pulse next

00:14:25.600 will the lack of a red wave during the midterms lead to a more emboldened biden more wasteful

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00:17:01.580 should acquaintance be forgot and never brought to mind

00:17:18.940 okay welcome back um this is our new year's eve special saturday 31 december year of the lord 2022

00:17:41.660 um mark mitchell joins us from um rasmus mark you do the daily tracking poll i know biden has come

00:17:50.860 up since the roe v wade situation uh and you know as people watch the mainstream media coverage they see

00:17:57.340 he's gotten these things passed the lame duck uh i think a lot of people don't are the worm audience

00:18:03.100 understands that it's collaboration as republicans are making this happen but the overall tone and trump

00:18:08.620 stated about 48 to 50 pretty steady um and buys now up i think 46 or 47 right here's a proven down

00:18:15.260 lowest i think in the 30s but the tonality of the country do you think people feel right now overall

00:18:22.140 as you as rasmussen does the polling then you guys got a great feel for the uh the maga audience uh do they

00:18:29.580 feel that because of what's happening the country's more on the right track or they feel it's less on the

00:18:35.260 right track i mean it's the numbers are coming up so biden you know entered office lower than trump

00:18:44.060 entered office it was still pretty high and then he had the snafu in afghanistan and everything went

00:18:49.340 downhill he got into high 30s stayed that way people really were upset with him after you know the

00:18:55.020 extension of the coveted things going into early 2022 um and he just stayed low and then roe v wade woke

00:19:01.820 some people up and is uh after that his approval rating rose especially with democrats and some

00:19:07.100 independents and more or less has been sticking you know 46 47 high 40s which as you said is about

00:19:14.860 parity with the lowest trump was for the last three years so trump got past russiagate uh and was pretty

00:19:21.340 much smooth sailing for the rest of his term necessarily 48 49 50 especially after that tax tax cut um

00:19:27.980 um right track wrong track numbers have been bad and they got really bad this summer uh i think right

00:19:33.260 track was in the mid to low 20s i think we got down to 21 or 22 uh it's up to the mid 30s now but that's

00:19:39.500 still like bad 33 or 34 whatever of the of the country i think the country's going in the right

00:19:46.380 direction uh i think there's like looking back at all the polls and just thinking about the year

00:19:51.420 there's a lot like we talked about before the break of you know introspective discontentment

00:19:59.900 on the right like what happened why didn't we do better where are our leaders you know what is the

00:20:05.500 alternative but then also there's this whole overarching thing of just massive um divisiveness

00:20:11.500 we're in a really divisive setting i think people it's been that way for a while i think people are

00:20:15.820 getting exhausted but we ran a poll this week and asked voters who's america's biggest enemy

00:20:22.700 and when you ask democrats they think america's biggest enemies are number one russia and number

00:20:27.500 two republicans and when you ask republicans they think america's biggest enemy is number one china

00:20:33.500 and number two democrats and then when you ask independence who's america's biggest enemy they

00:20:38.220 say china but then number two and number three are republicans and democrats and if you add it up

00:20:43.580 forty percent of independents think republicans or democrats are america's biggest enemy so like

00:20:50.460 it's hard to pull on but i think a big aspect of this is that there's people that trust dc and there's

00:20:56.060 people that look at dc and say these people don't represent me we're going to have more polling on

00:21:00.780 congress and who people think congress's constituents really are these people don't represent me things are

00:21:06.780 going in the wrong direction but like how can i fix it you know and they look at trump and i don't

00:21:13.820 we'll have numbers on that next week too i don't think they see him as an alternative either he does

00:21:19.660 better than biden and harris but not by much so that's that's a tease for next week um and he's at

00:21:25.980 about parity with desantis so i don't think they're looking at him and some savior that's going to come in

00:21:30.300 and right the ship put things in the right direction so i think that that's why i i look at these numbers

00:21:35.580 and when i say divisiveness too it's the because of those party issues we discussed one of the trends

00:21:42.060 i've seen over the last couple months is the biggest differences in the crosstab aren't race

00:21:46.860 aren't you know gender aren't age they're not party they're not even ideology conservative or liberal

00:21:53.260 the biggest difference on on politicized stances is whether somebody approves or disapproves of

00:21:58.140 biden so it's really fascinating like biden doesn't necessarily get a lot of blame especially

00:22:03.100 from democrats and independents i think part of that is this perception of incompetence or mentally

00:22:07.740 unfit we've pulled on that lots of good polls on that as well but he is a representative of of what's

00:22:13.020 going on in dc and whether people like it or not and and so on on almost everything you know do you

00:22:21.100 are the vaccines effective are they not effective look at buying approval right like that's where the

00:22:25.100 difference is going to be let me i want to go back because uh this poll was and you've got a lot of

00:22:32.300 amazing polling that's coming out next week and you're going to be we're going to be live on uh

00:22:36.300 monday and um you're going to be with us uh to talk about some breaking quite frankly shocking uh results

00:22:44.300 of polling you've been doing have you ever because this is really what happened and look i'm an anti

00:22:51.900 we're going to a civil war i don't think that's going to happen the reason is one side is going to

00:22:56.940 win one side is going to lose politically enough over time that's going to to solve that issue but

00:23:03.420 it was kind of like before the civil war when people it went from people were uh looked at as opponents

00:23:11.020 and they were looked at as opposition and they had a very different way that they thought about

00:23:15.020 uh humanity and also economics that were actual human beings capital equipment or in fact were they

00:23:22.380 human beings with with uh made in the image and likeness of god and with all the

00:23:27.340 rights uh that uh natural rights that people have and they went to particularly around the election in

00:23:33.340 1860 as that started getting heated up and then obviously afterwards with the results

00:23:38.780 they all suddenly shifted that no these are my enemies

00:23:41.020 um have you guys ever polled just the question of are democrats or republicans uh enemies uh have you

00:23:50.620 ever pulled that before and as such how did it compare because these numbers are pretty shocking

00:23:56.220 when people say hey uh russia's enemy number one number two is republicans or china's our enemy and

00:24:02.620 number two is democrats sir we haven't uh this is the most recent one that we've done and i i mean i

00:24:10.460 think it shows the signal you're looking for it it's it's good and it's bad right you look at

00:24:14.940 republicans and you say all right like only about 30 percent of them see democrats as their biggest enemy

00:24:21.420 but i i mean they that's like eight times more than north korea like so eight times more republicans

00:24:28.620 think democrats are the enemy than like north korea or iran and that's the exact same on the other side

00:24:34.700 right uh and i think there's you know let's kick around some ideas of exactly what to ask because

00:24:43.820 uh there there's a lot of i think it's like getting into the motivation behind the agendas necessarily

00:24:49.420 right because it's not just on the left there's a lot of mistrust about on the left i think of maybe

00:24:54.780 the maga platform too which i think is well-intentioned right um so you know it's and then it's where

00:25:02.700 topics like racism might come up right um i think the another thing to look at there is if you ask

00:25:09.500 republicans who's the biggest enemy and democrats plus china make up almost two-thirds so you could

00:25:16.540 combine those two things there right and it's this aspect of socialism or communism is perceived as

00:25:21.740 potentially the enemy what is uh tease us just give us a show us a little ankle for next week of the

00:25:31.660 types of things you're polling in that because you've got some pretty uh a couple eye-opening

00:25:36.940 but you've got a couple of bombshells that and i think when you release your poll people are going

00:25:42.220 to understand why there's a huge tectonic plate shift in thinking about a couple of fundamental

00:25:47.980 issues in this country well things are definitely breaking through the coordinated info op and one of

00:25:54.860 them is vaccine safety we were on two weeks ago we ran a poll that was our i think our biggest poll of

00:26:01.420 the year uh 41 percent of people said they had at least a minor side effect from the vaccine seven

00:26:06.540 percent said a major side effect so that's like 12 million americans huge news uh i i honestly think

00:26:13.020 this poll is is way like 10 times bigger and we came out of the election season you know going into

00:26:18.860 the election season it's like people don't really care about covet that much not that many people are dying

00:26:23.100 anymore we thought we weren't going to really pull on it we did a lot of coveted polling coming out of

00:26:27.820 it these articles about vaccine safety haven't gone away and and i've looked for the polling and it's

00:26:32.860 not out there people aren't asking about it and we've heard anecdotes that other you know major corporate

00:26:37.980 pollsters will not touch the topic i i looked before i came on here i think warning cult consult morning

00:26:44.300 consults pulled like 2.6 million people since covid began about covid questions and not one of them has

00:26:50.380 been about like vaccine safety side effects or sudden death so that's what this poll is on and

00:26:56.380 people have seen the news articles about people suddenly dropping dead or dying early and nobody's

00:27:03.260 asked that and i think a lot of the medical people uh have tried to figure out how to use polling because

00:27:09.420 the data i i i think they would say can't be trusted right um there's not enough private insurance uh data

00:27:17.420 being released it's tough to trust the government numbers on this not getting numbers out of pharma

00:27:22.300 so how do you know how big the question is and they look at polling as maybe another source of medical

00:27:27.500 empirical data that's not what polling is polling's like temperature taking and i'll tell you the

00:27:31.820 temperature here is really hot we ask people do you personally know anyone whose death may have been

00:27:37.900 caused by side effects of the code vaccine we didn't have any idea what the number was going to come out

00:27:43.260 going into that it but i want you to hold i want you to hold the number because i want people back

00:27:48.540 monday we're going to release it monday here on the war room and it is uh stunning you're absolutely

00:27:55.100 correct on the on the coordinated uh information operation uh mark how did they get you what are your

00:28:01.100 coordinates between now and monday morning when you're back where do people follow you well people

00:28:04.860 should just have fun to have a drink take a breath after 2020 um war room baby no days off keep

00:28:12.140 con show up at our youtube channel on monday we'll post your interview too but youtube's going to

00:28:16.860 take it right back down again so uh we'll put another video up

00:28:23.420 mark mitchell you're the best rasmussen polls the best thank you very much sir appreciate it

00:28:28.220 happy new year happy new year okay short break we got uh our own dave walsh and anthony aguero

00:28:35.900 invasion of the southern border and the crisis and energy all next in the new year's eve special in the

00:28:42.780 world

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00:31:01.420 should all acquaintance be forgot and never brought to mind should all acquaintance be forgot and

00:31:29.820 okay welcome back it's our new year's eve special and thank real emerging voice for

00:31:43.740 always working with us to do these specials um dave walsh i want to get the chart back up of denver

00:31:49.580 and our ever crack production team could hook up my scattergraph and the reason that this kind of

00:31:54.780 lays out one of the dilemmas you've had the um the total returns there stocks and uh in bonds

00:32:01.740 basically how you kind of tuck your money away and more importantly how your pension fund insurance

00:32:05.500 company all the tucks your money away and it's been a catastrophe it's been the worst catastrophe in

00:32:11.260 american history and by by not close look at the scattergraph for our podcast the radio is please come

00:32:17.820 and get all the videos and everything we put up uh on the war room by going to warroom.org and you get

00:32:23.740 our newsletter every day and get this this is from the financial times of london total return

00:32:29.740 this is so far worse than 1931 remember geopolitically when i laid out the at the beginning

00:32:36.140 um the um you've got this concentration on the eurasian landmass and american foreign policy remember

00:32:44.140 american national security policy since 1914 given you know we fought in the spanish-american war and

00:32:51.100 all the work the policy up to then was uh was to stay away from foreign conflicts and make sure that

00:32:56.460 the monroe doctrine was um implemented in the western hemisphere okay so we had that not to worry

00:33:03.100 um but the foreign policy from the guns of august all the way through the fall of the uh berlin wall was

00:33:10.140 we would never allow any single power or collection of powers to consolidate the eurasian landmass

00:33:16.460 because then you would have a big problem and we fought world war one we came in late but we were

00:33:20.620 the deciding factor in that war because everybody else was so tired world war ii obviously the arsenal of

00:33:25.980 democracy the united states was that really supported our two allies which allowed by jing the chinese

00:33:31.660 people not the leaders shank shankai shek and the uh and um um the komenton and the communists were

00:33:39.900 terrible terrible people um the uh bolsheviks are obviously terrible but the russian people and the chinese

00:33:45.420 people took the brunt of the nazis and the imperial japanese army uh but our brave uh men and women

00:33:52.380 particularly in things like the eighth air force over europe uh the bombing of uh tokyo obviously the pacific campaign

00:33:58.700 d-day all of it right uh was uh the tip to the valley but it was all to make sure we didn't have

00:34:04.300 a consolidation in the eurasian landmass and then of course the cold war now you have a situation where

00:34:09.020 you have the kgb russia you have the ccp and china partnering and you know doing videos rubbing up on

00:34:15.340 each other how good the partnership is you have iran's thrown in there pakistan's thrown in there

00:34:20.300 north korea's thrown in there of course now turkey and our former allies our great buddies in saudi arabia

00:34:27.100 this whole thing of coming together and the reason that i want you to go to uh birchgold.com

00:34:33.340 slash bannon and get the the pieces i'm putting out on this series about uh about the dollar

00:34:40.860 right now i think it's zoltan polzar of uh credit suisse has put out this really amazing piece he says

00:34:47.100 it's the dusk of the petrodollar and the dawn of the petro one or yuan or rmb whatever you want to call

00:34:54.380 the chinese currency the basket currencies but really when you read into the piece it's quite

00:34:59.340 sophisticated and this is why i talk about the bricks which used to be brazil russia indian china

00:35:03.500 now stands for brazil russia uh iran and china that we're going to slip off the dollar and go to

00:35:12.620 something that's commodities based the global south essentially says hey we have all the commodities

00:35:18.540 you know we have the oil and the gas and we have all the the really the agriculture and we have the

00:35:23.020 amazon and we have all the natural resources the mining and all that we don't have any of the

00:35:27.420 restrictions of the environmentalists in uh the panty waste in northwest europe or the united states

00:35:33.580 and that what the united states and europe have what they have is this kind of paper thing called a

00:35:37.260 dollar and so you're you're heading towards a cataclysmic uh clash of these two and they think

00:35:44.700 they've got the winning hand and this is why i call what we're in now the dark valley this is very

00:35:48.780 reminiscent of the 1930s and uh remember the 1930s ended with a lot of people trying to come in

00:35:55.580 different directions and try different things from appeasement to different economic models in a

00:36:01.740 cataclysmic kinetic war and that you see an old-fashioned war in ukraine right now and you see a

00:36:08.700 beginning of a kinetic conflict in the south china sea and in silicon valley west which would be taiwan in

00:36:14.940 the island chain off of the asian uh land mass in the you know japan uh the philippines taiwan

00:36:22.780 really the peninsula of north of south korea uh and then uh the the lateral nations around the south

00:36:28.700 china sea much of this is driven by energy dave walsh has been with us from the beginning of the

00:36:34.140 last couple of years dave what is your assessment and when i talk about uh and people talk about markets

00:36:39.420 coming back and stock markets coming back one things people don't really realize like the makeup of the

00:36:43.580 new york stock exchange is 25 big tech is 25 companies really built on algorithms uh that

00:36:49.740 don't really employ a lot of people remember twitter with this huge market cap twitter twitter

00:36:55.100 um essentially had 7 500 employees 7 500 total and he cut it down to 2000 it hasn't had any real

00:37:02.300 operational things so these companies are all algorithm based uh you know software based technology

00:37:08.140 based that don't employ a lot of folks 25 of the new york stock exchange is made of tech companies

00:37:13.020 that's where he had the high run under i think it's four percent of the market capitalization

00:37:19.260 of the new york stock exchange is made on energy companies good old-fashioned energy and i think it's

00:37:23.820 16 of the footsie which is the the base of the london exchange or what they call the financial times

00:37:29.260 exchange the um dave walsh your assessment on energy where we are you've had this cold winter

00:37:36.300 here warmer in europe uh our grids under pressure you've kind of predicted it all give us your

00:37:41.660 assess give us your year-end 2022 assessment sir well on on the positive side steve one thing

00:37:49.340 uh in accordance with the steve cortez theory of life the numbers don't lie the equity markets in

00:37:54.780 the last nine months have massively rewarded the big oil energy sector appropriately for its its high value

00:38:01.740 added its profitability its growth in the last nine months has been exceptional in equity space

00:38:08.140 the exxon mobil marathons all of the severon etc and the major lng exporting companies from the u.s

00:38:15.660 that are publicly traded have had massive uh share uplifts why has that happened i think there's

00:38:20.860 increasing recognition of the fortunately of the fundamental importance of fossil fuels to

00:38:26.940 the world's energy supply to north america's energy supply as delivered to us now by the laboratory

00:38:32.940 tests that we've watched for eight months unfold in western europe before our eyes where the the true

00:38:39.020 story of renewables has now been unraveled with that's caused massive importation of energy into

00:38:45.180 germany into the uk belgium austria most western european nations have become incredibly dependent on the

00:38:52.620 exported natural gas and oil from russia and closed down their own coal-fired assets their own nuclear

00:38:58.620 assets that are baseload continuous electricity supplying resources in favor of that and now that

00:39:04.460 that imported energy is missing uh seeing the absolute shortfall created by intermittent part-time

00:39:10.940 resources so that laboratory test has unfolded and now the year ends with a horrendous lab test in the

00:39:17.740 u.s itself of what i've been warning about and that is the uh rapid adoption of these part-time

00:39:24.940 intermittent and not ready for prime time technologies wind and solar is now caused in the the day before

00:39:31.980 christmas and christmas day uh massive uh under-reported brownouts and blackouts across the u.s

00:39:39.180 i say under-reported reuters came out and indicated we had about half a million people out of power

00:39:43.740 au contraire the real numbers are unfolding now to be in the millions uh north carolina alone the

00:39:49.820 governor has called for an inquiry because uh just in the duke service territory over half a million

00:39:55.740 people just in north carolina suffered from five to six hour outages both on christmas eve and christmas

00:40:03.340 day acknowledgedly by the company in their public admission of lack of the energy to serve lack of

00:40:11.100 enough capacity to serve the demand they were getting for electricity which is is unheard of in

00:40:16.620 this country it's unheard of that we now have reserve margins so low that on christmas day and christmas

00:40:22.780 eve and this is going to repeat as the weather gets this cold again and it will uh shortages of

00:40:28.300 electricity basic shortages because of the over adoption of solar in the case of north carolina specifically

00:40:35.180 hold on i want to go back through this because this is pretty shocking and because it was not

00:40:38.620 reported uh you say under-reported there was a blackout of this information because quite frankly

00:40:43.740 the news services knew this was going on because government officials had to scramble go back and

00:40:48.220 repeat that because this is fun you you said this was going to happen it happened and most importantly

00:40:54.780 said hey this is not going to be a one-off event and it's not because of uh people on vacation you

00:40:59.420 don't have enough linemen or power guys this is now baked into the system so tell us what happened

00:41:03.820 and and and what what the real number is and what does that mean going forward well it it it looks

00:41:11.500 like we've we had on christmas eve christmas day and the day after millions of americans suffering from

00:41:18.940 rolling brownouts and blackouts meaning out of service electricity in in many more regions of the

00:41:25.420 country that were reported reuters probably did the best job of reporting something something going on

00:41:31.820 across the country that might have led to about half a million folks being out of service uh 30 of

00:41:37.740 those in maine as they reported so they reported seven states with 20 000 or more folks out of service

00:41:43.820 it now appears specifically north carolina alone had over half a million people out of service for hours

00:41:51.420 the day of christmas eve the day of christmas day due to the abnormally cold temperatures but mainly

00:41:56.780 because in their own words they didn't have the capacity of electrons in the system in generation

00:42:03.740 space to serve the demand they were getting lgne up in the southern ohio and kentucky the same thing

00:42:11.340 so we're getting reports from across the country that there may have been millions of people out of

00:42:15.340 service and utilities acknowledging that it wasn't because of frozen lines or power plants that went offline

00:42:21.980 due to the cold it was because they simply now lacked the capacity to have met the peak demand

00:42:28.140 on those days and as everyone kind of realizes peak demand occurs when it's either extremely cold

00:42:34.220 or extremely hot and that's when the the most demand for electricity occurs as folks are turning on

00:42:40.540 space heaters heat pumps and and keeping themselves warm through electrical means which a lot of the

00:42:46.540 country is natural gas a lot is electricity based um which is funded but fueled by natural gas largely

00:42:52.140 now that you've got a now situation where so much renewable power has been absorbed and it's and it's

00:42:59.900 it's solar four hours five hours a day when seven hours a day very intermittent inside of that so many

00:43:06.220 baseload assets have now been shuttered coal and nuclear specifically and replaced with renewables that

00:43:11.900 now we have very skinny reserve margins for utilities now unable to cope with the coldest

00:43:18.300 and in the summer it will be also the hottest time periods when electricity demand is at peak

00:43:24.780 you're saying by the way we're going to jump to break up once you hang up but you're saying that

00:43:28.300 in parts of the country that were bitterly cold uh on on this was not about power lines being down

00:43:34.220 it wasn't about enough workforce being there on christmas christmas day just the simple fact

00:43:38.300 they just didn't have enough basic atoms or electrons in storage ready go which is unheard

00:43:45.420 of in american history right but this is the the only dimension folks i've tried to remind folks to

00:43:51.500 think about none of this is in storage electricity is like the hamster wheel the hamster wheel has to

00:43:57.740 be running all of the time to produce electricity in the system to keep it full of electrons it's a

00:44:04.860 millisecond by millisecond thing so if you don't have the generation capacity running every second of

00:44:10.620 the day you're out of power immediately that's the problem that now the generation sources have heavily

00:44:16.620 skewed like north carolina about half of their new capacity installed has been solar in the last 10 years

00:44:23.980 do they badly lack continuous duty back load constant electricity your mantra okay

00:44:30.140 for me dave walsh hang on for one second we'll take a short commercial break uh we're trying to

00:44:35.500 uh get uh i think carrie lake's going to join us anthony agrero dave walsh joe allen i think grace

00:44:41.580 chong captain bannon it's lively here it's new year's eve our new year's eve special real america's voice

00:44:47.900 war room take a short break back in a moment

00:44:58.300 years have proven that we need to be prepared we constantly see government overreach attacks on our

00:45:03.740 communication and energy grid worldwide conflict natural disasters and the never-ending assault

00:45:09.500 on our security and privacy having reliable communications is essential but don't get caught

00:45:15.580 without reliable communication and i'm here to tell you your fragile cell phone simply won't cut

00:45:22.220 it it will not cut it that's why i've partnered with the satellite phone store so you can stay prepared

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00:46:04.220 now go to sat that's s-a-t one two three dot com sat one two three dot com slash bannon and get your

00:46:11.980 device today don't put it off life can change in an instant that sat one two three dot com slash bannon

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00:48:24.540 should old acquaintance be forgot and never brought to mind

00:48:39.420 should old acquaintance be forgot

00:48:46.300 okay welcome back it's our new year's eve special want to go to uh dave walsh your assessment

00:48:56.300 at the year end of what you've seen here in the united states um what do you what what what are your

00:49:01.500 thoughts about what portends for at least the beginning of 2023 sir well steve there's a massive

00:49:08.940 amount of public uh education that needs to be undertaken in this area there's some very simple facts of

00:49:15.580 science and math on energy supply needing to be baseload continuous duty and i've deeply appreciated

00:49:21.420 the forum to be able to start that dialogue um but here you mentioned the equity markets one of the

00:49:28.780 things we face public utilities used to have a very strong service and reliability mission or mandate

00:49:36.780 handed to them by public service commissions in states that was the number one thing their mandate

00:49:41.500 to serve the public well what's happened over time is some of the larger holding companies

00:49:47.340 are you know the very large equity cap firms on wall street be they dominion energy in the virginias be

00:49:53.340 they uh duke in the carolinas synergy in florida be they next era in florida be they energy excel

00:50:01.100 uh companies of that size southern company who are major major large cap firms on wall street well

00:50:06.780 they've got they've had the epa in their kitchen now for a long time they've now got the interior

00:50:11.660 department in their kitchen but now they've got activist shareholders who are very green

00:50:16.060 very esg driven the sec very esg driven so these big firms and now fortunately they're only about 20

00:50:22.620 to 22 percent of electricity supply these mega large cap firms but they they have in large part lost

00:50:30.060 touch with that basic mission to serve their regulated rate payers and are paying more homage to

00:50:35.500 esg shareholders activist shareholders the sec the epa on on go green go green next terra specifically

00:50:44.060 the owner of florida bar and light their whole mission by 2050 is to be net zero as a corporate

00:50:49.740 entity it's not about serving their their rate payers in florida to be very direct and blunt and it's

00:50:55.820 about building cheaper capacity such as solar farms that that basically rob baseload with duty reserve

00:51:02.860 margins from rate payers and shrink them to where you get exposed on very hot days and very cold days

00:51:08.860 to outages the good news across the country 70 percent of electricity is delivered by munis co-ops

00:51:16.380 and uh smaller uh investor owned utilities that don't have the big wall street capitalization who

00:51:23.020 are more able to be more forthright about their historic service mission to their rate payers

00:51:28.460 uh dave how can people uh you've brought these concepts uh to the audience over the last two

00:51:36.460 years uh and i think people are very focused even geopolitically how important it is how can people

00:51:41.740 you're going to be back to kick the new year off of this how how can people get to you over the

00:51:45.420 weekend how what are your coordinates i can be reached on getter at dave walsh energy thank you

00:51:50.940 again steven happy new year but happy new year dave you've done such an amazing job on the beginning of

00:51:56.780 this massive uh public education process the reality the physics of energy so much happy talk

00:52:04.540 so much incredible happy talk dave thank you very much i want to go to somebody of the other

00:52:09.100 massive issue we dealt with this year is the invasion of our beloved country one of the tips

00:52:13.660 of the spear of the real american voice investigative unit has been anthony aguero

00:52:17.660 anthony give us your assessment where are we at the end of this year first off given that

00:52:22.300 you have lived down there given the fact that you know this as well as anybody in 2022 put in

00:52:29.340 perspective how big is the invasion of the united states of america been sir it's it's it's going to

00:52:35.740 transform our country radically steve unfortunately here in el paso as of october already we've already

00:52:41.660 had over 106 000 encounters here in el paso sector alone and governor abbott has now allowed uh some of his

00:52:51.340 his individuals or his people to come and put up the 12 shipping containers it's about a dozen of them

00:52:57.260 that were laid out in less than a quarter of a mile now all of this is just a big joke steve i'm going to

00:53:03.420 be very very blunt with you uh governor abbott needs to be doing more uh there he can actually use article

00:53:10.700 one section 10 clause three of the constitution down here in el paso a lot of people think he's doing a

00:53:17.260 great job by bringing these shipping containers but it's nothing more than a political ploy when

00:53:22.380 less than a quarter of a mile down from where these individuals uh a bit where these shipping containers

00:53:27.340 are being set up at uh the the fed the feds are literally walking immigrants right up into our

00:53:34.460 country and releasing them here you see footage of a bus station that from what i'm being told in my sources

00:53:41.420 bus up to 2 000 people a night further up north into the country and so it is just staggering numbers

00:53:49.820 on a nightly basis out of el paso texas and a lot of these people are going into red states steve think

00:53:57.020 about it what difference is governor abbott doing as a republican than the other three states that are

00:54:03.900 democrat california democrat governor new mexico democrat governor arizona democrat governor what

00:54:11.340 difference is governor abbott doing for texans as a republican there is absolutely no difference of

00:54:18.380 what he is doing he is furthering helping the democrats by shoving these people up north steve

00:54:25.580 by the way i said that on getter and newsweek magazine picked it up i said hey it's time to

00:54:29.980 stop the games i mean what abbott's doing and they may think this is cute or funny but they're shipping

00:54:34.940 all these thousands up to stand outside of kamala harris's uh home at the naval observatory

00:54:41.100 in northwest washington but i said he should be enforcing a invasion of the country and shipping

00:54:46.540 these illegal aliens back into mexico that's what they should be doing we don't have time for games

00:54:50.860 i'll tell you what we're gonna take a break we had 90 seconds uh we're gonna get back into it

00:54:55.100 anthony aguero's gonna join us i think we're gonna hopefully uh work out the technical problems and make

00:55:00.540 sure we get carried lake up we got joe allen and of course the touchdown twins uh captain ben and

00:55:06.140 and grace chong we're gonna get it all in it's our new year's eve a special i want to thank a real

00:55:11.020 america's voice for making this happen short commercial break back with the second hour of the word

00:55:36.140 years have proven that we need to be prepared we constantly see government overreach attacks on

00:55:55.740 our communication and energy grid worldwide conflict natural disasters and the never-ending assault

00:56:01.580 on our security and privacy having reliable communications is essential but don't get caught

00:56:07.740 without reliable communication i'm here to tell you your fragile cell phone simply won't cut it it will

00:56:15.180 not cut it that's why i've partnered with the satellite phone store so you can stay prepared and ensure

00:56:20.860 your vital communication stays private they're one of america's largest satellite telephone companies

00:56:26.540 with thousands of happy well-prepared customers right now they have a special promotional offer

00:56:32.060 when you go to sat123.com slash bannon that is sat s-a-t-1-2-3.com slash bannon b-a-n-n-o-n get a

00:56:43.100 free amerisat satellite phone 150 monthly minutes free united states domestic number and free rollover

00:56:50.540 minutes for only 99.95 plus tax per month with an annual agreement now go to sat that's s-a-t-1-2-3.com

00:57:00.620 sat123.com slash bannon and get your device today don't put it off life can change in an instant

00:57:07.740 that's sat123.com slash bannon do it today take action war room posse you already know free speech

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Bannon's War Room - December 31, 2022

Episode 2410： WarRoom： A New Years Special

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