Bannon's War Room - Episode 2475： Where We Stand With The Real Economy

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

00:00:09.880 medieval on these people here's not got a free shot all these networks lying about the people

00:00:16.440 the people have had a belly full of it i know you don't like hearing that i know you try to do

00:00:20.620 everything in the world to stop that but you're not going to stop it it's going to happen and

00:00:23.960 where do people like that go to share the big line mega media i wish in my soul i wish that any of

00:00:31.800 these people had a conscience ask yourself what is my task and what is my purpose if that answer

00:00:38.900 is to save my country this country will be saved war room here's your host stephen k bann

00:00:47.320 it is the 50th anniversary of the paris peace accord that brought the vietnam war at least

00:00:55.200 that part of it american combat troops uh to an end uh but we did not learn a lesson you then had

00:01:01.780 iraq and afghanistan what 20 years combined for both we're still in iraq by the way i think we

00:01:07.040 have five six thousand troops over there um nine trillion dollars according to brown university

00:01:12.360 um more combat dead more ptsd more broken homes more broken lives right for what for what

00:01:21.780 what is that part of the eurasian landmass like today and now we're about to do it again

00:01:28.800 cortez i want to go first with you about intel but but joe biden as brett informs you joe biden's out

00:01:34.080 this morning on these stuff and he's bragging hey i got the economy we're on fire we're rolling

00:01:39.920 and the problem only problem we have is is this chaos there's nothing but chaos on the republicans

00:01:45.400 and their chaos is driven by extremists mega extremists which would be this audience sir

00:01:51.840 what is your assessment of that and how does that manifest itself in the american economy steve cortez

00:01:58.040 well let's look at two data points to of course completely disprove joe biden who lies every time he

00:02:04.120 speaks basically uh let's look at a company specific one and then the macroeconomic data of the united

00:02:09.440 states regarding personal incomes if we look company specific first uh the real story of the

00:02:14.120 day today in capital markets is intel the semiconductor giant uh with just an absolute

00:02:19.520 mess of an earnings report right now as we speak it is down seven and a half percent that is a stunning

00:02:25.260 move for a company the size of intel and normally far more predictable than this down seven and a half

00:02:31.460 percent in just a day so far and steve some of that is company specific you know some real mess-ups

00:02:37.440 by management at intel but not all of it and the reason i say that as proof of that is one of its

00:02:41.580 competitors kla also a chip massive firm kla is down five percent right now on the day both of

00:02:48.640 these firms what they blame it on is inventory they are saying that their customers have so much

00:02:53.420 inventory that they simply don't need to buy new chips anytime sooner at least at the rate that wall

00:02:59.340 street was hoping for now to get to the macroeconomic point they're bringing us to the personal level

00:03:03.640 for the audience out there uh why is inventory building well it's because personal incomes

00:03:08.740 unfortunately are absolutely plunging and we have some new data to talk about there if we can show

00:03:14.700 chart number one slide one uh this is a data analysis from the heritage foundation that was published on

00:03:20.360 fox businesses website uh and it talks about and this came out of yesterday's gdp report disposable

00:03:26.600 income for the year in 2022 fell one trillion dollars americans lost a trillion dollars in real

00:03:35.140 disposable income now to put that in historical terms as a percentage it is the biggest drop in

00:03:41.120 history with just one exception 1932 1932 steve was the worst year of the terrible years of the great

00:03:49.400 depression so we have set another horrendous mark for economic futility you know i talk a lot about how

00:03:55.460 we are now at unfortunately 21 straight months of declining real wages so like i knew the situation

00:04:00.640 was terrible i didn't quite know though that it was the worst since 1932 until we got this new data so

00:04:07.160 connecting the dots it's not surprising that the chip business is having a hard time because the end

00:04:11.920 consumer lost a trillion dollars in income last year the worst year since the great depression

00:04:17.700 let me ask you the the um intel is a good proxy sir for the overall health of the american economy

00:04:29.020 yes i think particularly in light of all the recent economic data we've gotten out particularly

00:04:34.060 current data not backward-looking data current data as it relates to things like pmi purchasing managers

00:04:39.680 indices all of which have declined significantly into contraction meaning recessionary territory and i would

00:04:46.840 i would also point out compared to the rest of the world because of course biden and then and the

00:04:51.180 liberal media which carries his water they try to say oh these are just global forces no not only is

00:04:55.440 the united states in recession according to every serious pmi indicator but we are also doing the worst

00:05:00.840 in the advanced world we are literally the worst in show when it comes to those data metrics so when

00:05:06.500 you combine that macro data with this company specific point on intel kla chipmaker stuff stock

00:05:12.980 performance today when you also combine that and view that in light of the absolute destruction of

00:05:17.840 personal income of real prosperity in this country the economic situation is incredibly dire and it is

00:05:23.820 worsening you know and that's why there has to be a sense of urgency for the republicans in the house

00:05:28.380 who again do have leverage via the debt ceiling to to force to instill some discipline on the process

00:05:34.300 because the exorbitant borrowing and spending is what stoked this inflation along with other mistakes

00:05:39.360 like attacking american energy and escalating the war in ukraine but primarily it's the exorbitant

00:05:44.200 borrowing and spending of the u.s federal government okay i want to connect some dots here for a second

00:05:49.980 what steve cortez says and and to bridge into dave bratt but it goes back to what dave bratt's been

00:05:55.260 saying for a long time and this gets us it brings us back to the centrality of the fight over the debt

00:06:02.220 limit and and about this spending and why we keep saying show us the model you got to show us what's going on

00:06:07.640 and i want to go back to the financial times of london which is remember this is the tip sheet for the

00:06:13.020 party of davos okay the most powerful newspaper in the world the financial times of london along with

00:06:19.180 the economist magazine so here debt ceiling row just adds to feds problems is absolutely essential

00:06:27.740 here that we connect and now we've done it and the financial times has got it the narrative you must

00:06:33.060 connect the federal reserve to the whole issue of the debt ceiling and you must i don't know if

00:06:39.020 denver got that you must just pull the camera in right there um the you must connect uh the federal

00:06:46.280 reserve the funding mechanism to the fiscal domination of our political class and continue to bury the

00:06:54.560 american people and here's the reason and this is why you have to see the model because it's not

00:06:58.780 they talk about sustainable economy on on climate change this is not sustainable financially the

00:07:07.240 reason they want to show you a model is that they have no way out of here the only way they're going

00:07:12.840 to have out of here besides you know scaring you on social security and medicare which are not going

00:07:17.100 to be touching anything people are talking about right is that they can't show you a model because all

00:07:23.240 they're going to show you is deficits trillion to three and a half dollar deficits as far as the eye

00:07:29.660 can see every year every year financed not by the japanese not by the chinese the ccp not by the

00:07:38.560 insurance companies who only buy a certain number of bonds but just basically continuing to print money

00:07:45.080 at the federal reserve it's not sustainable that's why we have them they're cornered now and what dave

00:07:50.580 brad has been saying the only reason you've got any juice in the economy at all is the continual

00:07:56.900 keynesian straight shot of adrenaline that they keep giving you whether it's american recovery act

00:08:03.880 whether it's the infrastructure act was the mini build back better which is the omnibus look at it this

00:08:08.160 is how you got the incremental 10 trillion dollars 10 trillion dollars and they're throwing around

00:08:15.040 a hundred billion dollars ukraine who cares right because they don't have to make adult choices

00:08:19.440 that's why you you're the adult in the room that's how ukraine the southern border right all connects

00:08:26.940 with the debt ceiling fight the spending and eventually the federal reserve it's all of a piece

00:08:31.980 and we're going to disaggregate this but what brad has been saying about the productivity and the

00:08:36.600 economists are focused on productivity the underlying basics of the american economy

00:08:42.480 is kind of a carcass right it's not particularly productive we're not really having the animal

00:08:48.860 spirits of driving these types of things of driving production and driving a real economy this is all

00:08:54.560 financial engineering and how do we show it let's connect another dot chevron yesterday 75 billion

00:09:01.760 dollars that steve cortez brought up and then dave walsh instead of putting that money into exploration

00:09:07.800 and development and production and marketing and pipelines and all the types of capital equipment

00:09:13.060 or things you would put money in 75 billion dollars to just do you know it's the complete financial

00:09:18.660 engineering buy the stock back drive the stock price up let management you know warrants kick in all

00:09:24.600 their options kick in they make money you decrease your capital base but you're not building the

00:09:30.240 productive side of your business dave brad is that essentially the summary of the dilemma we find

00:09:35.660 ourselves in that they have this opportunity the only reason they have this opportunity because the

00:09:39.880 rest of the nations on earth can't do this why can the united states we have one massive export it we

00:09:45.940 have something the whole entire world needs and that's a federal reserve note all the transactions in the

00:09:51.680 world still are essentially converted into dollars international transactions so we we are the prime reserve

00:09:57.040 currency we're the reserve currency for the world and i think the bricks are starting to meet today

00:10:02.020 the global south has wised up to one central part they control the vast amount of resources right and

00:10:10.700 what the west particularly the united states controls is a greenback is a fiat currency not essentially

00:10:17.140 backed by anything except the full faith and credit of the united states and that full faith and credit

00:10:23.600 ain't tom cotton and it's not senator wicker and it's not pow and it's not biden is nine of these clowns

00:10:30.620 you've seen up here that are hiding all this stuff from the american people the full faith and credit

00:10:35.340 of the united states is those kids that died in the rice paddies in vietnam right it's the kids that

00:10:42.140 are going to on the border of romania right now the brave 101st airborne the screaming eagles

00:10:46.500 that did so much in world war ii to liberate europe for the second time after he'd already been over

00:10:52.180 there with with blackjack pershing and general macarthur and everybody in world war i had to go back in

00:10:58.260 world war ii right now in the cold war now we're there again that's the full faith and credit of

00:11:04.360 the united states of america every person that coaches a little league every person that coaches

00:11:09.060 a soccer team everybody that goes to work every day the full faith and credit of this nation is you

00:11:14.780 it's none of these swells on wall street ain't larry fink it's none of that it's you and you're being

00:11:20.720 you're being conned you're being absolute con because they think you're morons and they're going to

00:11:25.760 treat you like morons until you have a great awakening or part of that spiritual the other

00:11:30.360 part is just hey we're going to savvy up on where how the actual system works okay because you're the

00:11:37.000 one getting crushed dave bratt please take the stage sir yeah well very well said and part of the reason

00:11:45.000 the american people have been conned is because the american people are kind uh but i just opened up the

00:11:51.840 good book for a little review went through matthew uh everybody get out the red letter edition

00:11:56.680 and go through uh you know jesus uh the text it's important for what i'm about to say

00:12:01.680 uh because the understanding of that book and his wisdom he was shrewd he knew the hearts of men whether

00:12:08.120 they were everyday sinner uh whether they were wicked or whether they were evil and he responded in

00:12:13.760 kind and so if you'll notice the language we're talking about here only has to do with elitist

00:12:19.440 macro institutions that's part of the evidence that we have a disaster on our hands i got 28 000

00:12:25.320 business students here at liberty a lot of them want to go out and run the family business and do

00:12:29.760 small firms and stay around here in lynchburg etc they can't do that because we've allowed our

00:12:36.000 economy to be distorted beyond comprehension i'll give you a few slides most of you know this story

00:12:41.140 these slides come from lance roberts at epic times just a couple weeks ago he laid out a

00:12:46.360 a very nice story like the epic times does in detail and so what denner if you've got those

00:12:52.080 slides they start off with the uh outsized returns the s p 500 have yielded over the past

00:12:59.060 decade or so uh not the norm uh much higher returns on average than in the in the years prior you see on

00:13:05.840 that slide uh next one why that happened uh the black line you'll see on the next slide is federal

00:13:11.980 reserve uh engagement growth printing money and then the blue line is the s p 500 you can see

00:13:18.980 they're almost mirrors like steve just got done saying uh the federal reserve has enabled uh this

00:13:24.540 run up in assets well what's wrong with that next slide uh just shows the uh the the accumulation on

00:13:32.200 the fed's balance sheet perfectly correlated with the s p 500 the scary part of this is it's only gone

00:13:39.060 up uh that's about ready to come down a bunch of those dots are going to go down that line's going

00:13:44.240 to go down and we're going to have some hard times in front of us so what's that going to look like next

00:13:49.760 slide uh here's the real economy the blue is gdp it's the stuff you make every day right cars

00:13:58.860 refrigerators food etc the red is the financial sector which is just dwarfing uh the growth it's the s p 500

00:14:07.280 right so the blue is the stuff you make small businesses manufacturing industry the red is the

00:14:13.100 financial industry everyone wants to go in the financial industry chasing money all over the place

00:14:17.280 instead of making anything uh well now the outsized gains you've seen in the red uh are are magnitudes

00:14:24.620 above what the real economy is producing uh next slide what's wrong with that dave hang on hang on one

00:14:32.280 second hang on one second we're going to save the punchline for after the break uh dave bratt

00:14:36.580 we're going to hold cortez for just a minute or two stick around uh this is economics uh 401 not 101

00:14:44.280 macro and micro combo don't get that too often only in the war room

00:14:50.560 friends you know as well as i do the institutions we used to trust are collapsing

00:15:05.660 when things hit the fan and trust me they will you need to rely on yourself no one else is coming to

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00:16:14.400 patriot supply.com here's your host steven k back

00:16:19.240 okay we've got the punchline coming up uh with uh the punchline coming up with uh dave brad at one

00:16:26.920 hold for a second cortez i know you got to bounce uh any uh i didn't get a chance to get you in on the

00:16:32.000 on the wicker uh first strike thing any thoughts on that sir because i know you have a lot to say

00:16:36.360 about this expanding world war in ukraine yeah listen uh there's being wrong on policy and then

00:16:43.020 there's being dangerous and actually evil and talk about a nuclear first strike is the latter okay

00:16:49.260 it's absolutely reckless it's dangerous it's immoral it's evil to talk about first strike

00:16:55.820 nuclear attack okay think back by the way i think this is the most dangerous geopolitical moment for

00:17:01.160 the united states since the cuban missile crisis but think back to the cuban missile crisis when we

00:17:05.640 actually had soviet weapons that were practically touching the united states right 90 miles away from

00:17:11.660 the american mainland even then steve even then first strike nukes was not an option i mean that kind of

00:17:18.340 attack was considered unconscionable right we certainly considered conventional attacks against

00:17:22.480 those missiles but not nuclear attacks against uh the soviet union even with that kind of incredible

00:17:28.680 danger to the american homeland so wicker is so insanely out of bounds here but unfortunately

00:17:34.040 he's the worst example but he's still representative of the washington war machine and you know just

00:17:40.260 to sign off on this steve all this economic stuff is massively important obviously we have to get this

00:17:45.700 straight we have to restore prosperity in this country uh but none of that matters if we allow

00:17:50.000 the washington war machine to spin us into world war three so we've got to stand on all fronts

00:17:55.180 hang hang on hold slow down for a second for you to say this you're saying it's you believe it's the

00:18:01.060 most dangerous moment geopolitically in the country and that includes 9-11 everything that's gone on

00:18:06.680 since then since the uh quite frankly one if not the most frightening moment of the cold war

00:18:13.300 yes because steve what we are risking right now is a confrontation with the second most powerful

00:18:20.220 nuclear foe on the entire planet i mean that's what we are literally slouching toward and that's

00:18:25.040 the thing and i say slouching toward it because to your point the case has not been made why this is

00:18:30.180 in our interest you know why this level of brickmanship is justified or called for okay and

00:18:36.040 washington the washington war machine needs to have the decency to at least approach the american

00:18:39.680 people and try to make a dispassionate argument why the eastern border of ukraine is this consequential

00:18:45.980 to the security and prosperity of regular americans and then make that case and then put it to a vote

00:18:51.640 okay and put it to a vote and make people go on the record we are already at proxy war with russia

00:18:57.380 and we are on the brink we are on the precipice of getting into actual hot war large-scale hot war i'm

00:19:03.620 sure we're already at small-scale hot war but large-scale hot war with russia so yes given that and given

00:19:08.480 that it is a nuclear foe which in many ways probably feels it has few options other than nukes and given

00:19:14.660 that we have american senators talking about first strike nuke that that to me steve is the most

00:19:20.020 dangerous moment for this country geopolitically national security wise since the cuban missile

00:19:24.140 crisis steve how do people get to your writings all your analysis uh and your chalk talks yes please

00:19:31.080 follow me on the twitter i'm at cortez steve cortez with an s appreciate it

00:19:35.520 steve thank you very much dave bratt uh give me the rest of your charts and your the summary analysis

00:19:42.020 of where we are sir yeah the first slides uh are available out on bratt economics at getter they're

00:19:48.480 just the setup for the story uh we've been going over forever on the fed mismanagement of the money

00:19:53.880 supply and their balance sheet the result is the pie chart denver's got it got right there uh that pie

00:20:01.960 chart shows you the outcomes what the fed has caused for uh the populace uh and the average person out

00:20:10.240 there uh trying to eke out a living 50 percent of the american people get three percent of the assets

00:20:18.020 own three percent of the assets in this country meaning the bottom half of the population i don't

00:20:24.040 own anything this is the problem right for all your hard work sweat uh sweat equity small business long

00:20:31.640 hours uh you get nothing the elites on wall street uh the folks in washington dc and the global elitist

00:20:39.040 headquarters around the world they're reaping all the benefits of your hard work of your 21 trillion

00:20:44.900 dollars in gdp uh and this cannot go on this is not sustainable that's what you've been saying and

00:20:50.580 it is coming apart right now the fed is having to increase interest rates to slow down the economy

00:20:56.880 uh in order to get rid of inflation but also to end this cycle of disasters which they they know they

00:21:03.580 have to end and the last slide is the best summary slide of all uh make sure you share these uh with

00:21:09.960 young folks uh but the pig and the python there right this thing just shows uh that the stock market

00:21:16.960 returns of a 180 percent uh uh over the last years uh have dwarfed the growth by six times uh those

00:21:26.800 returns from the stock market are six times that of growth in gdp of the economy that's the mismatch

00:21:34.040 that's the markets are disconnected from the economy and we have to get back to basics and get back to

00:21:41.400 our fundamentals of working with industry manufacturing making stuff educating our kids

00:21:47.880 and getting them into that pipeline and not just going out and chasing uh financial markets every day

00:21:54.320 and cortez just had it right if we don't get that war story right in the first place uh this stuff's

00:22:00.320 going to be a footnote yeah but it's this is totally tied to this entire uh in turn of this

00:22:06.800 entire war effort um bratt where do people you're putting great stuff up on getter how do people get

00:22:11.980 to you there and how do they get to you they want to access you at down at liberty you're the dean of

00:22:15.760 the business school there down at liberty yeah bratt economics b-r-a-t brat economics on getter i've

00:22:22.860 been posting a lot uh this week all the fundamentals i try not never to repeat uh so go back and you'll

00:22:28.700 see the productivity stuff productivity down 40 years in a row and then third floor business school

00:22:34.520 liberty university bring your young scholars up here a lot of war room war room folks come up in fact

00:22:40.760 a world-class scholar from switzerland today contacted me he ordered a biblical interpretation

00:22:49.080 of the book of leviticus from germany uh in german of course and they included a war tax on it

00:22:56.080 and he thought the folks on your show should know about that so that's the type of stuff in the

00:23:01.080 reach you have steve across the oceans a war tax well tell the tell the tell the scholar that we

00:23:06.820 appreciate his uh watching we'll make sure everybody knows they're putting war taxes now

00:23:10.520 yeah on things in germany uh dave bratt thank you very much honored to have you on here

00:23:15.900 um i want to go draft caroline i want caroline you you kind of shook up the world list i want to

00:23:22.880 before i get into the houses going twitter exploded getter exploded last night because you and carrie

00:23:28.560 lake were going around and it comes to the conclusion the state party people were coming up

00:23:32.580 that uh they don't have any way to raise money right they're all broke and nobody's ever talked

00:23:38.620 about that you you had that wonderful idea well carrie lake and others were all getting back and

00:23:43.320 making sure you raised money and that was like a huge was that a huge revelation to folks and how

00:23:47.660 come that hadn't been done to make the state party stronger yeah i get a call from a washington

00:23:53.260 post reporter who was like clearly the other side had used it as an oppo dump and said caroline

00:23:58.460 rand is going around and meeting with members and promising them that if they vote for harmeet

00:24:02.600 dylan they'll get carrie lake and other big name surrogates to come and do uh fundraisers for their

00:24:07.080 state party and i kind of laughed and i said yeah i don't know if this is a this is a bizarre

00:24:11.180 oppo dump because yeah that's in harmeet's platform one of the biggest issues we hear from

00:24:14.840 these state party chairs is you know they're nervous to come out and vote against rana because they kind

00:24:19.020 of they they get these big party transfers every couple years you don't know how much it's going

00:24:22.360 to be it's very hard to budget off of that and so harmeet said well what why don't we just help

00:24:25.820 these folks raise money into their own parties we've got this army of wonderful surrogates who are

00:24:29.580 willing to go around and and carrie the funny part is carrie will go help raise money for any of these

00:24:34.100 state parties because she's a wonderful good person it's not contingent upon a vote but what turned into what

00:24:38.340 was supposed to be i guess some sort of oppo dump was also turned something that's just a wonderful

00:24:42.360 idea is a surrogate fundraising program to go around and even mike lindell agreed to do it too

00:24:46.940 he's like i'll go around and help raise money for all these state parties why do we have to be on

00:24:50.240 welfare of the dc you know republican national committee let's help these folks prop up themselves

00:24:55.880 and get the money into into their clubs and their local chapters and their state chapters so that they

00:25:00.120 can hire the necessary staff and get the grassroots events going and door knocking and not have to be

00:25:06.140 um relying on those transfers it does get by the way this gets back to mccain feingold mccain was

00:25:12.740 upset because of south carolina you know the bush apparatus down there and that party beating so

00:25:17.560 mccain feingold really destroyed the state parties because it really cut off their ability

00:25:21.920 to to to to get soft dollars right and so the whole state parties have always been weakened

00:25:27.200 since that that's one of the reasons so dependent on the rnc we had matt brainerd on with joe kent

00:25:31.840 the other day i want to make sure because people the business model of the rnc is very different

00:25:36.660 than dnc the business model of the rnc they're kind of vendor captured right i mean a lot of what

00:25:42.360 ronna put out when she put out her 150 people that support her weren't half of them vendors i mean isn't

00:25:48.180 the rnc essentially a vendor captured consultant captured entity and that's the central beating heart

00:25:54.020 of the problem ma'am it's by far the biggest problem and this is the big platform that harmeet talks

00:25:59.360 about is that if you even go and look at the fbc reports these vendors have all remained the same

00:26:02.840 whether or not they're mail vendors tv vendors um phone vendors text message vendors and the the

00:26:08.880 big thing is we've we lost in 2018 2020 2022 they're not changing vendors they're not changing staff

00:26:14.680 and in the closing arguments actually ronna's big closing argument last night was that look we cannot

00:26:19.140 do it you know we're on a good course we can't if it's too disruptive to have a new chair come in

00:26:23.440 and change she won't harmeet won't have the time to really build up an infrastructure ready for 2024

00:26:27.780 and i kind of pushed back and said wait a minute all the other committees the nrscs the nrcc the

00:26:33.120 nrsc they change chairs every two years and when you change chairs you get a new executive director

00:26:37.440 and comms director and finance director and it's fine what i mean that's like a three-week process

00:26:42.080 this is not going to shut down the whole country but you know we i do we put too much weight anyway

00:26:46.620 on these party committees the democrats are fighting us through 501c3s that's the most important

00:26:51.620 thing that we remember here and the dnc isn't a relative entity to the democratic party

00:26:55.880 but the rnc we are so centralized and focused around it because of this all of the money flows

00:27:00.820 through it 1.5 billion dollars and we need to be able to get more money into the grassroots whether

00:27:06.660 or not it's into local state parties figure out an apparatus of c3s and so that is a big message

00:27:11.300 that we've been talking to folks about and we're hearing it really from these 168 members in their

00:27:14.720 states and say this is a big problem what does the vote look like right now we got about a minute

00:27:20.600 give us your assessment before we figure out how to follow you during the day i truly don't know

00:27:26.140 anymore i mean we came in here in a massive uphill battle i am extremely extremely proud of the race

00:27:31.120 that her meat has has run i think it has made a a great dent and i think the rnc and the 168 and

00:27:37.040 really we've heard so many of them say they never really heard from any folks and now they they one of

00:27:41.580 them said they actually ended up going to dinner with someone who emailed them and had they forged a

00:27:45.080 great relationship another one said they got over 800 emails and are adding it all to their club

00:27:48.860 but it's a secret ballot i have no idea what's going to end up happening but it's uh it's been

00:27:53.040 a very exciting week and so just stay tuned uh the desantis move was absolutely brilliant uh real

00:28:00.120 quickly how they follow you caroline where they go desantis wins either way in this he recognizes

00:28:04.600 there's a grassroots movement happening and so no matter what happens by doing that that was a

00:28:08.320 strong move you can follow me at caroline wren and then and um let's see what happens

00:28:13.940 thanks to your support patriot mobile has emerged as one of the leaders in the parallel economy and

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00:29:37.560 here's your host steven k bat

00:29:41.080 uh cpac is going to be uh march 1st through the 4th we've got a special deal with cpac let's put it up

00:29:49.760 you get 47 off the general mission price i want all the war room posse everybody had a great time in

00:29:55.760 dallas if you go in the chat rooms to talk it was incredible um turning point was incredible we're

00:30:01.720 going to be doing the show live there real america's voice gonna have a huge presence all the big hosts all the

00:30:05.820 big shows gonna be live uh also i'm bringing in mike lindell right now we're going to do our

00:30:09.780 our lindell tv show the six o'clock show also live there want all the war and posse we literally want

00:30:16.580 everybody we're going to do breakout rooms just like we do we got to meet everybody at turning point

00:30:20.520 and at cpac in dallas we're going to do the exact same thing so we want a huge turnout it's a great

00:30:25.540 way to kick off the year so that's march 1 through the 1st through the 4th at national harbor back into

00:30:31.220 washington dc and they're going to announce you know president trump's going to be there going to

00:30:34.960 announce all types of great things are going to happen get more into but go right now uh to the uh

00:30:40.060 look at to the to the cpac site into war room's got its own special section do slash worm go right

00:30:46.620 there you get your 47 off uh mike lindell um so we had mark mitchell on here yesterday the uh a poll

00:30:55.420 and it's kind of a blowout number you were at 30 i think harmeet was at 20 and ronna was i don't

00:31:00.820 know 15 or something like that but you you had a pretty huge spread um but that was a poll of a

00:31:06.440 thousand registered republicans throughout the country how does that how do you believe that

00:31:11.080 translates because i'm hearing right now the place is kind of in turmoil because of the santas and you

00:31:16.100 and others and there's you don't know how this is going to turn out what's your assessment yes sir

00:31:21.640 the reality is the people in this country want an outsider they don't want harmeet or um ronna i

00:31:29.520 almost doubled both of them and and this is uh you know this is what i'm seeing here is as i'm talking

00:31:37.160 to the 168 the ones that are really you know how are we going to change this and i i did my speech i

00:31:43.120 said we have to silo out each thing and now both of them are saying well we need to look into the

00:31:48.460 vendors and the the email blast and the text marketing um that's what i said steve this is

00:31:54.360 what should have been done a long time ago and uh then i talked to them all about our election

00:31:59.000 platforms which as you know i'm two years ahead of both of them in that respect um i do know one

00:32:05.200 thing i do know one thing is that we we need to no matter what happens today we need to hold

00:32:11.420 either one of them accountable for our election platforms the people want me in there for number one

00:32:17.400 reason straighten out our elections and straighten out the rnc so people will have trust bringing

00:32:23.180 back to the rnc and this is what i'm seeing so the people want they want a businessman in there they've

00:32:30.980 spoken almost double both of them combined and you know what it is a secret ballot steve now will this

00:32:37.160 club will they go outside of their their their club and and vote for that outsider yeah we'll see

00:32:44.720 but all i know is that the people want an outsider a businessman someone that knows how to run a big

00:32:52.180 business and uh is that someone that has had a of um failures or is that a lawyer or is that a

00:32:59.560 businessman that's already done all this stuff so that's where i'm at steve do they do the 168

00:33:06.760 because it's fairly hermetically sealed did they understand that it doesn't stop today that this is

00:33:11.560 really a kickoff like for instance if you win then major reforms coming massive restructuring new

00:33:17.760 vendors a focus on uh getting rid of the machines a focus on going to paper ballots nationwide a focus

00:33:23.680 on election integrity that we can't let the democrats just steal elections anymore but if somehow you don't

00:33:29.960 pull it off it's not like you're going away right this this process now because i can tell our audience

00:33:35.600 is so on top of this like oh i finally understand how rnc works i finally understand the vendors i finally

00:33:41.060 you know uh harmeet and lindell have explained this to me so walk the 168 gets that right now i've got

00:33:48.540 an inside look and i've heard from them all this has been a very i've got to be inside by by getting

00:33:54.100 the nom nominated being here that's a win everybody in itself because i've had i've got to talk get the

00:34:00.460 inner workings of the rnc knowing uh who might be in it for some uh other agenda knowing uh that hey

00:34:07.700 we're overpaying here we're underpaying here i mean we're overpaying these vendors some stuff should

00:34:12.420 be done within the rnc but i will make a promise to everyone no matter who it is because they have

00:34:18.680 both said and i don't and uh whether whether that's true or not they have both said i look forward to

00:34:25.140 working with mike lindell yes he could come in um and you know let's look at these election things

00:34:30.180 and let's look at these uh these silos of uh of uh you know your email blasts all these things in a

00:34:36.380 business the marketing see the branding the messaging when i did my speech in there i would i

00:34:42.100 have i don't know how many of over a hundred of them come up of the 168 after i did my speech and

00:34:47.620 said wow you know you bring up such a good point i went to i went out to california for a week i was

00:34:53.960 with all these liberals and democrats these 25 to 35 year olds i said this in my speech i talked to

00:34:59.760 them in the street we took pictures i said do you guys like seven dollar and 30 cent gas uh and all

00:35:05.140 this stuff and they go no and they go no and i said well they do how did you vote they said democrat

00:35:09.560 but steve they did know what the republican party even stands for because they've been brainwashed

00:35:14.600 i say we have to have a new slogan of the republican party the party of common sense that's it

00:35:21.900 the party of common sense so both of them too if i don't win either one of them i'm going to hold

00:35:28.560 them accountable for um to the people because the people have spoken they don't want either one of

00:35:34.520 they want myself in they want to be a businessman who has done everything i've been there seen it done

00:35:40.380 it is is is your tactics if she doesn't win on the first round then you get into a floor fight

00:35:47.540 then you have a real opportunity obviously can't win on the first ballot but if you hold her

00:35:52.280 below i think the 84 she needs uh is is is that open a path to an alternative and you could be that

00:35:59.860 alternative is is that your strategy going into this well well first of all steve is holding either

00:36:05.220 one to below 85 they both got to be below 85 and then yes that is my pathway because i can

00:36:11.280 in between there's not one argument that could come up where i'm not the better one for the job

00:36:16.620 period period now that i've been here i mean this is and now with that poll coming out yesterday

00:36:23.000 that you know i'm in this to win it and they're not going to sit back and go okay um this one's

00:36:29.500 going to be better than that one so i'm going to i'm going to you know make a deal and get out after

00:36:34.040 the ballot no i'm here to win it and i'm going to i don't care if it's a 50 rounds we you know let's

00:36:39.200 make uh let's make the mccarthy the speaker let's let's beat that record here as long as we get to

00:36:45.140 where we're supposed to get to that's what it'll take but i you know like i say i'm uh i'm hearing

00:36:51.940 things here different things where i'm i'm not happy well you know if i'm not in there to win it

00:36:58.780 they better give me have access because the people have spoke steve it's what the people the media is

00:37:04.900 here and they're and they're going well mike you're the number one every the people want you um what do

00:37:10.620 you say about that are you going to win i said i can't some of them didn't even know you were

00:37:14.600 running out there till this rasmussen poll and i'm going well the media doesn't want me to win

00:37:19.880 and the establishment doesn't want me to win and uh but here i am i'm talking to the people that

00:37:26.480 actually vote steve so if they don't if they vote against the people they've got to help we got to

00:37:30.440 hold them accountable what is the thing that you found that has most been enlightening or upsetting

00:37:36.300 you is about the vendor control of the rnc or the it that it's more focused sometimes on making money

00:37:42.220 doesn't share data i mean what what you're a pretty tough business guy what is it what is it that you

00:37:48.700 found that's kind of shocked you or you feel that you didn't know enlighten you and and and has

00:37:53.980 increased your fervor to get this thing sorted i'm having trouble getting in i hope you go there we go

00:38:02.020 um um i would say the most disturbing thing is they uh um a lot of them there's so many that were

00:38:10.320 that don't that don't know that they're like uh they really don't know the problems that they're

00:38:16.880 and what the and what the grassroots what the people out there are upset about and they don't

00:38:21.980 understand from within as i talk to each one on an individual basis it's just shocking to me

00:38:28.100 that they don't know or that they're afraid that some that do know they're afraid to speak out about

00:38:33.920 these problems um you know i brought up data trust and win red this just got to be looked into these

00:38:39.600 some of these prices are too high some of these vendors they charge for text messaging and email

00:38:44.560 blasts and stuff like this these things need to be looked into by somebody that knows what you

00:38:49.800 should be charged or if it's better to bring them in house um the other thing that's kind of

00:38:54.560 disturbing is that a lot of them um they think that there's a that the reason that there's no

00:39:01.400 you know we just got to do the same old same old and and we're gonna win no you have to you have to

00:39:07.820 do what we've been doing for two years and and on the ground the people out there that are going let's

00:39:12.100 get our election systems corrected great thing on alabama i've been telling these guys do you know

00:39:17.180 arkansas way had cleeburn county went to paper ballots hand count do you know alabama just dropped eric

00:39:22.800 couple of them said well what's eric i'm going you really you know it's like that i'm educating

00:39:29.960 him steve and i think if i have access no matter what the outcome here is we've got to hold all

00:39:35.720 the 168 accountable that they need to really know what's going on out there and really hearing the

00:39:40.880 people of this country of what because they represent the people they were elected by the people

00:39:45.720 and the people want change but they want the right change steve they want it can't be the

00:39:51.680 part of the same old same old maybe it's a process we'll see but um they need to they need to

00:39:57.220 understand when i got up there on that stage and talked for a half hour i'm going wow i never knew

00:40:02.340 that i never knew that yes we're winning in this country this isn't a thing that uh you know it's

00:40:08.100 like they're all watching fox news and they're not getting the truth they're not getting the news

00:40:12.000 you know i don't get it which brings up another thing that was very disturbing when i was here

00:40:16.400 that at&t and um new and direct tv canceled news max everybody that's disgusting more cancel culture

00:40:24.260 i talked to these 168 i said do you see what's going out there they're trying to cancel our voice

00:40:29.560 we need to get the messaging out from the rnc we need to use social media and everything else to

00:40:34.940 to brand steve we need to brand this the party of common sense

00:40:38.760 the last thing you've been endorsed by the the precinct strategy uh movement uh is there any uh

00:40:47.720 are they open to the fact that they really understand what the precinct strategy is they

00:40:51.600 understand why people are so upset that they're volunteering to do this and do you believe that

00:40:55.520 they're open to embrace that movement with uh with open arms sir that's been one of the most talked

00:41:01.220 about things steve with me anyway they are so they were they have all complimented the people that

00:41:07.560 have emailed them and called them because it was when the precinct strategy when they endorsed me

00:41:13.440 that's when they just started getting all these emails and they said they're the most cordial

00:41:18.640 positive emails they've ever gotten and they were flooded with them but they were great emails like

00:41:24.620 you know here's what mike lindell can do rather than bashing what the others didn't do the other

00:41:29.500 two and what they've done and why this one's wrong why it should be mike it's just they're saying all

00:41:34.340 the positives that was across the board steve so i want to do a shout out for all you precinct

00:41:39.520 committee men out there for precinct strategy.com to um and uh to dan and steve these guys these guys

00:41:47.460 these emails have been just so important and it opened the eyes these guys are that really that

00:41:53.580 really helped them all wanting to come to my suite and listen we have the suite they've been coming

00:41:58.020 just for the last three days just a train of them coming in and we get to have one-on-one

00:42:02.880 and tell where we're at in this country and what we need to do and it's been great steve

00:42:07.200 mike how do people follow you throughout the day here what's the best way to do that because it's

00:42:14.080 about to kick off it's going to be quite intense you guys go there we're going to be cutting in and

00:42:18.940 out frank's at frank's beach get the app if you don't have it you can follow me i'm posting on getter

00:42:24.400 i'm posting on true social and um and uh we uh i'm just so i'm glad to have the country behind me

00:42:31.660 being almost double the other two and we'll see what the 168 if they really listen to what the

00:42:37.280 people want steve but i'll tell you they uh they've learned a lot and now i have access now remember i

00:42:43.140 have all their numbers now and stuff and i became friends you know just uh instant friends with a lot

00:42:48.660 of them where you know we've connected i've had the important thing is i've had some of them come

00:42:53.340 back two three four times because they they want to they go wow you're just a wealth of knowledge and

00:42:58.300 they uh and uh that um um so that's gonna be uh that's fantastic just make sure they're not just

00:43:05.560 make sure they're not there just to get a promo code yeah mike lindell you're fighting

00:43:10.260 you're fighting you're by the way we're gonna play later your huffington post takedown it was

00:43:17.440 brilliant mike lindell don't ever change brother you're an american original

00:43:21.800 mike lindell at and dana pointe short commercial break back in a moment

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00:43:42.840 your home's title and takes over as the new owner nobody thinks that i can take their house

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00:43:53.380 some special document they would call me you know what he's calling you you're living in a

00:43:58.460 delusion after i've stolen the title borrowed against it or sold the property it's 60 to 90 days

00:44:04.240 for that person even figure out that they're the victim of this crime you start getting foreclosure

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00:44:12.320 in your name home title fraud is growing two and a half times faster than credit card fraud you could

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00:44:40.080 report at home title lock.com promo code radio arrived the new social media taking on big tech

00:44:49.120 protecting free speech and canceling cancel culture join the marketplace of ideas the platform for

00:44:57.620 independent thought has arrived superior technology no more selling your personal data

00:45:02.520 no more censorship no more cancel culture enough getter has arrived it's time to say what you want

00:45:11.000 the way you want download now by the way go to getter we're going to be up grace chong uh nicole

00:45:19.840 and o'grady are out there right now we're going to be doing more captain ben and myself uh throughout

00:45:24.300 the day jack pasovic will pick up for charlie kirk charlie kirk's out there whipping votes for her

00:45:29.700 meat right now um news item before we leave and by the way we're going to go out with james o'keefe

00:45:38.100 was on last night and talked about this incredible video of him confronting the pfizer executive

00:45:44.000 that essentially said pfizer was doing gain-of-function experiments to uh i don't know to weaponize

00:45:51.220 his virus even more to look how to sell more vaccines um but uh news item here this exclusive

00:45:58.920 to the daily mail of london is who preparing for nuclear war and this is the mac daddy on drudge

00:46:05.700 right now health body publishes list of medicines for nations to stockpile in case of quote radiation or

00:46:15.540 nuclear emergency end quote as the european union warns russia is at war with the west

00:46:23.680 well ukraine is not the west in the eastern border of ukraine is not the west that is that is the eurasian

00:46:34.120 landmass and that is not the west it's never been considered the west this is a border dispute over the

00:46:41.560 eastern russian speaking border of ukraine which these people have been fighting about for thousands

00:46:46.000 of years they're going to fight about thousands of years from now and now because of escalation by

00:46:51.480 the uniparty and this is tom cotton and wicker and all of them in the senate and you've got some

00:46:57.200 voices in the house but in the house and this gets back to the debt ceiling in the debt limit in the

00:47:01.940 spending the spending at the pentagon is out of control there's already in the table what in the

00:47:08.560 first round in the in the deal cut with mccarthy is 75 billion dollar cut to defense now republicans

00:47:14.080 don't support that house i'm not saying that's going to happen i actually believe you need a

00:47:18.380 starting a hundred billion dollar cut in defense and i'm as big as hawk as you can get particularly in

00:47:25.740 taking down the existential threat to the american people the chinese communist party in the defense of

00:47:29.960 taiwan but we are spread over hell's half acre throughout the world taking on too much the only way

00:47:38.420 and this gets back even to president trump's comments on cutting the budget there's not waste

00:47:42.960 fraud and abuse and foreign aid those are relatively small things you have to talk about your commitments

00:47:51.000 you have to take away the commitments first and then the money will follow we're too over committed

00:47:56.320 everywhere in the world and people know that the military is absolutely stretched thin so thin that

00:48:03.060 this new armament of uh in in ukraine is a big deal to the fact that the taiwanese that have ordered and

00:48:08.920 we've allowed them to buy the uh m1 a1 um abrams tank uh and now looks like the ukrainians may jump

00:48:18.040 in line and we may take some of the tanks designated for the taiwanese and send there that is not

00:48:22.560 acceptable the chinese communist party in taiwan is number one that is in the vital national security

00:48:27.720 interest of the united states whether you think excuse me we have a moral obligation to defend

00:48:35.220 democracy uh against the ccp because we didn't defend it in hong kong that we have to defend it in

00:48:41.120 taiwan leave that aside right now it is silicon valley west our economy will be absolutely categorically

00:48:48.860 destroyed right with all the plants coming back in intel and the chip sack everything we're still a long

00:48:55.080 way from being independent of taiwan for chips and right now uh we're not even close okay i want to

00:49:03.900 make sure cpac um cpac is march 1st through 4th cpac takes place then let's put up we can put up on our

00:49:13.520 yeah there we go right there who's that who's that handsome guy oh that's me um in a seen better days

00:49:21.000 right um march 1 through 4th you get a 47 discount off a general mission ticket that general mission

00:49:28.200 ticket will get you access we're going to do the live broadcast real america's voice we have a huge

00:49:32.240 presence there we're going to do a live um we're going to do live like we did in dallas like we did

00:49:37.640 at at phoenix at the turning point the audience the war and posse loves it we're going to interact

00:49:44.100 with everybody we're going to have breakout rooms we're also going to announce some new initiatives

00:49:48.500 from the war room you're going to want to be there it'll be a festive occasion uh plus a serious

00:49:54.460 occasion president trump is coming to speak and i think match lap and the team are starting going to

00:49:59.300 start rolling out announcing other speakers you don't want to miss this is back at the national

00:50:04.700 harbor at the gay lord this fabulous facility uh it's going to have everything there all the all the

00:50:12.120 um all the panel rooms the breakout rooms the main stage speakers plus you're going to see

00:50:16.880 uh you've got the uh the room everybody puts out their their material you'll get to meet every

00:50:23.720 conservative every mag organization out there it's absolutely incredible um so make sure march 1st

00:50:29.560 through the 4th we're going to be announcing other things that the war room is going to be doing

00:50:32.600 in conjunction with that to make it a more immersive experience for the total war room posse so 47 bucks

00:50:39.000 off and there's other programs you can sign up for but just go to cpac and uh it's right there on our on

00:50:46.020 our on our uh on the platform right now go to cpac you can get it all we're going to be back here

00:50:51.460 five to seven liz herrington is going to join us tomorrow we are doing live coverage of the new

00:50:56.880 hampshire speech at 11 o'clock in the 10 o'clock show tomorrow morning we'll be picking up the

00:51:01.640 president's speech live in addition we're going to do a pregame and we're going to stick around to

00:51:05.460 the end and we're going to do a postgame analysis of all of it so you don't want to miss that five o'clock

00:51:10.900 liz herrington is going to kick off uh with a discussion on uh the president so she's the head

00:51:17.280 communication strategist she's also going to talk about the president of ukraine as we leave i'm

00:51:22.180 going to give you a couple minutes of the incredible james o'keith video it's up on our site you can go

00:51:27.960 see it i got it up on uh getter so let's leave with that go ahead and play it we'll see you back

00:51:32.280 here at five o'clock this this is incredible and stick around jack basovic sitting in for charlie

00:51:36.640 kirk sitting with charlie kirk at noon uh jack basovic uh we'll see you this afternoon five

00:51:42.820 hey there is this seat taken you work for pfizer my question for you is why does pfizer want to hide

00:51:49.360 from the public the fact that they're mutating the covid viruses is this rule i'm literally a liar

00:51:56.120 i was trying to impress a person on a date which i'm lying this is absurd don't touch me well this is

00:52:02.500 not why the way don't don't tell anybody who's just working in a company to literally help the

00:52:09.380 public you off you really did please read the post as soon as possible can you please unlock your door

00:52:16.840 no no don't let them leave please unlock the door give me why is my heart here please unlock the door

00:52:25.560 please unlock the door

00:52:27.160 you're trying to get to unlock the door

00:52:35.300 war room posse you already know free speech is under constant attack by the swamp and their big

00:52:50.380 tech allies they resell your communications and personal data while lecturing and laughing at you

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00:54:56.840 check it out

Bannon's War Room - January 27, 2023

Episode 2475： Where We Stand With The Real Economy

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