Bannon's War Room - February 01, 2023


Episode 2485： The Plan To Get Back To An America First Policy


Episode Stats


Length

54 minutes

Words per minute

189.00116

Word count

10,332

Sentence count

787

Harmful content

Misogyny

10

sentences flagged

Hate speech

12

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Sen. J.D. Vance (D-Ohio) joins CNN's Jake Tapper to talk about his new book, "Out of the Box: Trump's Best Foreign Policy" and why he thinks President Trump is the best foreign policy in a generation.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 This is the primal scream of a dying regime.
00:00:07.000 Pray for our enemies.
00:00:09.000 Because we're going medieval on these people.
00:00:12.000 The reason I got a free shot at all these networks lying about the people.
00:00:16.000 The people have had a belly full of it.
00:00:18.000 I know you don't like hearing that.
00:00:19.000 I know you try to do everything in the world to stop that,
00:00:21.000 but you're not going to stop it.
00:00:22.000 It's going to happen.
00:00:23.000 And where do people like that go to share the big lie?
00:00:27.000 Mega Media.
00:00:28.000 I wish in my soul, I wish that any of these people had a conscience.
00:00:33.000 Ask yourself, what is my task and what is my purpose?
00:00:37.000 If that answer is to save my country, this country will be saved.
00:00:43.000 War Room. Here's your host, Stephen K. Vance.
00:00:51.000 You think there is any lack of will?
00:00:55.000 Do you sense that? You were just up on Capitol Hill.
00:00:57.000 Yeah, so I just talked to Lindsey Graham, I talked to Mitch McConnell, Kevin McCarthy,
00:01:04.000 Speaker McCarthy, loads of others.
00:01:06.000 You know, I find there's a massive amount of bipartisan support.
00:01:11.000 And look, I want to pay tribute to the Biden administration, what they did, what Joe did, what Joe Biden did.
00:01:18.000 Okay.
00:01:19.000 What all his people did. 0.95
00:01:20.000 I've already heard enough.
00:01:21.000 It's Wednesday, one February, year of over 2023.
00:01:24.000 That's Boris Johnson with Brett Barrett last night.
00:01:27.000 We are honored to have in studio Senator J.D. Vance of Ohio.
00:01:34.000 Senator Vance, thank you so much.
00:01:36.000 So this audience, I would say, is big fans of yours.
00:01:40.000 Right?
00:01:41.000 Big supporters.
00:01:42.000 And here's what's interesting.
00:01:43.000 You've got Boris Johnson there, and he's talking about, I'm on Capitol Hill.
00:01:46.000 Yeah.
00:01:47.000 I've seen nothing but massive support from the U.S. Senate, particularly picked out Mitch McConnell and Lindsey Graham as massive support.
00:01:54.000 On the same day, and this came up last night, I think, online, but this morning, one of the most important pieces,
00:02:00.000 I'm quite frankly kind of shocked that G. Joe and the guys at the Wall Street Journal,
00:02:05.000 Trump's best foreign policy not starting any wars.
00:02:08.000 Now, there's two-fold here.
00:02:10.000 The headline today is you're endorsing, I guess, President Trump out of the box.
00:02:13.000 That's right.
00:02:14.000 And you lay out this case, but there's a lot here I want to cover.
00:02:17.000 So let's get, you're endorsing President Trump?
00:02:19.000 That's right.
00:02:20.000 Endorsing President Trump, obviously his support was very helpful to us in both the primary and the general election in Ohio.
00:02:25.000 But importantly, the case that I lay out here is it's really about policy.
00:02:29.000 In particular, we often talk about Trump's domestic policy achievements, but the foreign policy is the most important part because that's where the blob is most corrupt.
00:02:38.000 That's where they're most wrong, and that's where they're most destructive.
00:02:41.000 If you think about…
00:02:42.000 I think the mainstream media tells me all the time that he was dangerous.
00:02:46.000 Absolutely.
00:02:47.000 He's not statesmanlike, as you mentioned in your article.
00:02:50.000 He's uncouth.
00:02:52.000 You know, MSNBC, CNN, Fareed Zakaria, you know, they…
00:02:57.000 It's pearl-clutching nonstop about his style, sir.
00:03:01.000 And it's…
00:03:02.000 They're obsessed with his style at the very same time that his substance is actually the most cautious and the most careful foreign policy we've had in this country in a generation.
00:03:11.000 I mean, just think about this.
00:03:12.000 From my perspective, Steve, I graduated from high school in 2003 and enlisted in the United States Marine Corps.
00:03:16.000 George W. Bush was president.
00:03:18.000 Since I've been an adult, you had two separate, two-term administrations, Bush and then Obama, start four separate wars, none of which were successful for this country.
00:03:28.000 Trump comes in and actually one starts to decouple from China, another great foreign policy achievement. 0.91
00:03:33.000 But more importantly, he doesn't start any new conflicts and he starts the process of diplomacy with these regimes that people said, you can't talk to these guys.
00:03:42.000 And Trump came along and said, well, why can't you talk to them?
00:03:44.000 It's sure as hell better than letting us completely stagnate our relationship with these regimes and potentially lead to further conflict down the road.
00:03:51.000 So I think what he accomplished there is actually the most important part of his presidency.
00:03:55.000 And by the way, it's why they hate him the most.
00:03:58.000 If you really go to this, this is why the D.C. establishment hates the guy, because they make a lot of money from broken American foreign policy.
00:04:07.000 If we can fix it, we'll save a lot of American lives. We'll also empty their pocketbooks.
00:04:11.000 By the way, to support that, last night, Fareed Zakhar was on with Wolf Blitzer after Jake Tapper does his interview with Netanyahu.
00:04:20.000 And they say about the Arab nations not really supporting the Palestinian state anymore because of the Abraham Accords.
00:04:25.000 Exactly.
00:04:26.000 And nobody – and by the way, they did the entire segment and never mentioned Trump's name and never mentioned Abraham Accords.
00:04:32.000 So President Trump – and here's the thing I think is so important. I want to reiterate this.
00:04:37.000 You have a very close personal relationship with President Trump.
00:04:39.000 Sure.
00:04:40.000 He thinks very highly of you.
00:04:41.000 But your endorsement here is not just Trump the man. That's part of it.
00:04:45.000 And somebody can deliver a piece.
00:04:46.000 Sure.
00:04:47.000 But it's what Trump, America first and his policies.
00:04:49.000 Yeah, that's exactly right.
00:04:50.000 I want to go back to something you said about – you have all these people who are obsessed with Trump style, right?
00:04:56.000 Trump is careless.
00:04:57.000 He's reckless.
00:04:58.000 He doesn't say the right things.
00:04:59.000 And yet all the people who for a generation supposedly say the right things have presided over one disaster after another.
00:05:07.000 Why is it that America is so good at training people who are very careful in what they say?
00:05:13.000 They stand up and they throw out slogans about freedom and democracy and all these other things.
00:05:18.000 And yet when it comes to actually supporting freedom and democracy here at home, when it comes to not getting us involved in disasters, they fail miserably.
00:05:26.000 That to me is the biggest takeaway.
00:05:28.000 And it suggests there's something, Steve, broken about America's elites and how we train our elites.
00:05:33.000 Well, you went to – I mean you're a working class kid but you went to Yale.
00:05:37.000 You've seen it.
00:05:38.000 But I want to make sure Denver has this up on screen.
00:05:40.000 We're going to put it in all the chat rooms.
00:05:42.000 We need this opinion piece or really analysis by Senator Vance in the journal read by everybody and pushed out.
00:05:50.000 You've got a quote in here.
00:05:52.000 Why is it the people in the United States – the U.S. trains for leadership are so careful with their words yet so reckless with their actions?
00:06:01.000 What do you mean by that, sir?
00:06:02.000 Well, what I mean by that is that we have an entire apparatus.
00:06:05.000 All of our elite universities, fellowships at the State Department, at the Pentagon, these things train America's smart young people for leadership.
00:06:12.000 And what I've seen is a lot of these guys, they are smart but they become reckless and they become boring and conventional.
00:06:19.000 And right now, boring, conventional, and reckless go all hand in hand in the American foreign policy establishment.
00:06:25.000 Nobody is asking – I mean this is really about Ukraine because that's the major foreign policy crisis at the time.
00:06:31.000 Nobody is asking, what does this look like if we keep escalating?
00:06:35.000 Why is it Boris Johnson is on Fox News this morning talking about the importance of the Ukraine war when his own people can't afford food?
00:06:43.000 What the hell is the guy doing?
00:06:44.000 What are we talking about?
00:06:45.000 And we had Dave Walsh on here yesterday.
00:06:47.000 The air pollution is back to Dickens' era because they're burning wood and coal in stoves in London.
00:06:53.000 I want to continue on the – no, it's – by the way, your staff, your crack staff is here.
00:06:58.000 I don't think Boris Johnson is on your dance card today.
00:07:01.000 I don't think –
00:07:02.000 I doubt he is.
00:07:03.000 I doubt he is.
00:07:04.000 You say – but here's – talk about these catastrophes.
00:07:06.000 I prefer – that would be Senator Vance – a different kind of statesmanship, one that stands athwart the crowd, reminding leaders in both parties that the United – the U.S. national interest must be pursued ruthlessly but also carefully with strong words but great restraint.
00:07:24.000 What do you mean by that?
00:07:25.000 Well, let's just compare and contrast Donald Trump with John Bolton, a person very well respected in the D.C. foreign policy establishment who, as far as I can tell, his main foreign policy objective is to start a nuclear war with half the nations in the world, right?
00:07:39.000 This guy is respected and Donald Trump is the reckless one?
00:07:43.000 This is crazy.
00:07:44.000 We've totally inverted and turned upside down basic wisdom and basic caution in our foreign policy.
00:07:50.000 Look, I don't even think of myself as a, quote, non-interventionist.
00:07:54.000 I'm a realist.
00:07:55.000 I want to ruthlessly pursue America's interests, and this war in Ukraine is not in America's interest.
00:08:00.000 Let's bring this thing, slow it down, de-escalate it, and get back to an America first war policy.
00:08:05.000 I think also the power of this too is that you've been there.
00:08:09.000 You enlisted in the Marine Corps.
00:08:11.000 That's right.
00:08:12.000 You were forward deployed into Iraq.
00:08:14.000 You've seen what goes on.
00:08:16.000 You see how decisions are made.
00:08:17.000 You see what happens to these countries.
00:08:19.000 You see when it's not thought through when you talk about people at Princeton and Harvard and Yale and Georgetown and all the cocktail parties.
00:08:25.000 Absolutely.
00:08:26.000 Man, I bought it.
00:08:27.000 I remember when I was in Iraq, I read this book by Natan Sharansky called The Case for Democracy.
00:08:32.000 It's a very good book, actually, but it lays out the case of how we're going to transform Baghdad into, like, Ohio.
00:08:39.000 Right?
00:08:40.000 Jeffersonian.
00:08:41.000 Jeffersonian Democrats.
00:08:42.000 Jeffersonian Democrats.
00:08:44.000 And I remember being in Iraq and thinking to myself, you know, doing security for the Iraqi poll workers and thinking, these people don't want Jeffersonian democracy.
00:08:52.000 Why the hell are we trying to force it down their throats?
00:08:54.000 And why are we spending America's best and brightest to do it?
00:08:57.000 It doesn't make any sense, but again, that's what passes.
00:08:59.000 That's what passes for statesmanship in 2023 in Washington, D.C., is throwing America's best and brightest at fake problems and problems we're never going to solve.
00:09:09.000 Let's talk about this Ukraine problem because you've had – now you've got battle tanks.
00:09:12.000 We've never had a national debate about that.
00:09:14.000 Next thing you know, we're given battle tanks that got – on the 80th anniversary of the German army surrendering at Stalingrad, you've got German tanks with iron crosses going to go across the border.
00:09:24.000 Now, all of a sudden, it's F-16s.
00:09:25.000 And you know this.
00:09:26.000 When you give them tanks, that's not just a weapons platform.
00:09:29.000 It's a different type of war.
00:09:30.000 That's right.
00:09:31.000 They're talking about taking back Crimea.
00:09:33.000 The escalation here is incredible.
00:09:36.000 It's incredible.
00:09:37.000 Is it time for the Senate or some – a couple of people stand up and say, force Biden to come with a war powers resolution and lay out the plan, lay out the objectives, lay out the strategy, what we're prepared to do, and then let's vote.
00:09:50.000 Yeah.
00:09:51.000 I think it's exactly time to do that, and that's something I plan to work on over the next few months.
00:09:54.000 But think about this, Steve.
00:09:55.000 If Ukraine is as important as the Biden administration and way too many Republicans say it is, then why isn't Europe stepping up and doing its job?
00:10:05.000 Why are we footing the majority of this bill even today?
00:10:08.000 The argument often made is that if Putin marches through Ukraine, then he won't stop until he reaches Berlin.
00:10:13.000 Well, number one, isn't that the problem of the Germans? 1.00
00:10:16.000 And number two, the Germans sure as hell aren't acting like they're worried about Vladimir Putin.
00:10:20.000 Why are we so worried about what he can do instead of worrying about our own national interests?
00:10:25.000 Compare and contrast this to the defense of Taiwan right now and the concern of that.
00:10:29.000 Absolutely.
00:10:30.000 It's night and day because Taiwan is such a critical part, frankly, because of mistakes that you were warning about 30 years ago.
00:10:37.000 We offshored our entire computer chip supply chain to East Asia.
00:10:41.000 China's much more an important foe and Taiwan's a much more important part for us strategically.
00:10:46.000 Another point here, Steve, the Biden administration is telling us they're sounding the alarm that we are spinning down our munitions such that we're going to have to choose between arming the Ukrainians or arming our own troops.
00:10:58.000 What happens, God forbid, if the Chinese invade Taiwan?
00:11:01.000 Can we even invade Taiwan with our defense industrial capacity where it is right now?
00:11:06.000 I don't know the answer to that, but I don't like the fact that it's uncertain.
00:11:09.000 The Financial Times today says Brussels pressed to rein in promises fueling Ukraine's fast track to EU hopes.
00:11:17.000 People are hearing you, right?
00:11:19.000 People are hearing you, and they know they've got to dial down the EU.
00:11:22.000 They've got to stop being in Russia's face. 0.99
00:11:24.000 You've got to dial down the EU, and you have to dial down the NATO aspects.
00:11:26.000 The Europeans are being more cautious about this than the Americans are, and that should say a lot. 1.00
00:11:30.000 Why is that?
00:11:31.000 Why is the Biden regime?
00:11:32.000 Why is Victoria Nuland? 0.99
00:11:33.000 Victoria Nuland is there yesterday.
00:11:35.000 She's there yesterday with Rand Paul, and they're talking about war crimes trials from Putin.
00:11:40.000 Well, Victoria Nuland, as far as I can tell, is the most bloodthirsty person in the entire Defense Department apparatus. 1.00
00:11:47.000 So I think that we know the answer on her.
00:11:49.000 But look, why is Europe being more cautious about this?
00:11:52.000 Because they recognize the risks of escalation.
00:11:54.000 If this thing spills over, you're going to have untold death and destruction.
00:11:59.000 God forbid it could become a nuclear war.
00:12:01.000 Look at the inflation rate in Central and Eastern Europe.
00:12:04.000 Every single country in Central and Eastern Europe has sky-high inflation.
00:12:08.000 These people can't afford to eat, and we're talking about continuing to escalate this war.
00:12:13.000 It's complete insanity.
00:12:15.000 The reason you're such a fresh new, not just voice, but kind of angle of attack is the people in Ohio.
00:12:22.000 You connected with these folks.
00:12:24.000 What do the people in Ohio think about this entire situation?
00:12:26.000 The economy, what Biden's doing, and tie it to the national security aspects.
00:12:32.000 I hear mixed views from the people of Ohio, right?
00:12:34.000 Most people probably agree with my view.
00:12:36.000 They don't know why this is such a main focus.
00:12:38.000 Look, a lot of people have a lot of sympathy for the Ukrainians, that the country should not have been invaded.
00:12:44.000 And a lot of people in Ohio feel that very personally.
00:12:47.000 You've got a big Ukrainian population in Ohio.
00:12:49.000 But I think even people who are sympathetic with the plight of the Ukrainians like I am, they don't think that this is America's main concern.
00:12:56.000 There's obviously the border dynamic to this where we have a completely open American southern border, and yet we have a bipartisan consensus that a border 6,000 miles away is the most important thing for our country.
00:13:08.000 So it's definitely a lot of us are looking around and saying, what the hell are we really focused on?
00:13:13.000 Shouldn't our American government do America's job? 0.96
00:13:15.000 How do people get to you?
00:13:16.000 You endorsed President Trump today in 2024.
00:13:18.000 How do people get to you, find out more about you?
00:13:20.000 Well, they can go to our Senate office.
00:13:22.000 They can go to my personal website, JDVance.com.
00:13:24.000 Obviously, I'll keep on talking to you and your audience.
00:13:28.000 And look, just people have got to stay in the fight here.
00:13:31.000 If we're going to win in 2024, it is going to take a grassroots army the likes of which we've never seen.
00:13:36.000 They're not going to let 2016 happen again.
00:13:38.000 It crept up on them.
00:13:39.000 2024 is going to take more energy, more passion.
00:13:42.000 People have got to stay involved, keep their powder dry, but it's going to be a big fight.
00:13:46.000 But this is the reason that JD Vance is in the United States Senate.
00:13:50.000 OK, I'm telling you, you saw that from that speech you gave at Claremont back in 21 before you even jumped in there.
00:13:56.000 This is this has got their attention, not just on Capitol Hill.
00:14:00.000 This has got the attention in capitals in Europe, which is exactly what we need.
00:14:04.000 Senator Vance, honored to have you on here.
00:14:06.000 Breaking news.
00:14:07.000 The FBI is just raided.
00:14:08.000 It looks like he just raided Biden's beach house.
00:14:10.000 We're going to get to all of that when we when we get back.
00:14:14.000 Short commercial break.
00:14:15.000 Want to thank Senator Vance for being here, stepping into the war room.
00:14:17.000 And we're going to take a short commercial break.
00:14:19.000 Steve Cortez, we're going to assess, give some overview about Senator J.D. Vance's endorsement of Donald J. Trump.
00:14:25.000 Talk about this new breaking news of the FBI at the beach house of Joe Biden.
00:14:28.000 Short commercial break.
00:14:29.000 Be back in a moment.
00:14:31.000 We'll be right back.
00:15:00.000 Will the lack of a red wave during the midterms lead to a more emboldened Biden, more wasteful government spending, higher taxes, a deepening of inflation?
00:15:09.000 And how do you protect your hard earned savings from chaotic financial markets?
00:15:13.000 The answer by diversifying your retirement savings with real physical precious metals with Birch Gold Group.
00:15:20.000 Text Bannon to 989898 for a free info kit on protecting your savings with gold in a tax sheltered account.
00:15:29.000 Birch Gold has almost 20 years experience converting IRAs and 401ks into precious metal IRAs.
00:15:36.000 Text Bannon to 989898 and claim your free, no obligation info kit.
00:15:42.000 Don't let the left devalue your savings.
00:15:45.000 Own physical gold and silver in a tax sheltered retirement account from Birch Gold.
00:15:50.000 Birch Gold has an A-plus rating with the Better Business Bureau and thousands and thousands of satisfied customers.
00:15:57.000 Text Bannon to 989898 and secure your future with gold.
00:16:02.000 Do it today.
00:16:03.000 Take action.
00:16:04.000 Use your agency.
00:16:05.000 Here's your host, Stephen K.
00:16:07.000 Bannon.
00:16:10.000 OK, welcome back.
00:16:11.000 There is breaking news.
00:16:13.000 There has been an FBI raid.
00:16:15.000 I guess since he was invited, they were invited and they could process and throw out all the Hunter stuff beforehand.
00:16:20.000 Maybe it's not a raid.
00:16:21.000 Let me go to Steve Cortez.
00:16:23.000 Steve, I want to talk about J.D.
00:16:25.000 You were absolutely essential in the primary, in the general, but in the primary, that very tough primary of helping J.D. get over the top.
00:16:32.000 And this is everything you and I talked about of of accomplishing.
00:16:35.000 I mean, just incredible.
00:16:36.000 But what's your what's your assessment of this FBI, quote unquote, raid onto Biden's beach house of which.
00:16:43.000 Right.
00:16:44.000 And for the war room posse, you understand we talked about this like the day after the next first thing said, hey, have they gone to the beach house?
00:16:52.000 Is the FBI gone?
00:16:53.000 Have they gone to the University of Delaware?
00:16:55.000 You know, they gone to Hunter's house.
00:16:57.000 Steve Cortez.
00:16:58.000 Well, you know, look, there's never one cockroach.
00:17:00.000 Right.
00:17:01.000 You turn the light on and you see one.
00:17:02.000 It's not the only one.
00:17:03.000 Right.
00:17:04.000 And that's, I think, very relevant and true here.
00:17:06.000 And you're exactly correct, though, too, Steve.
00:17:08.000 It's not just his residences.
00:17:09.000 You know, I think it's his full set of papers, right, his full document file that needs to be at both University of Delaware as well as at Penn that needs to be investigated here.
00:17:19.000 So, you know, this is obviously an ongoing story, continues to be incredibly alarming.
00:17:24.000 And remember, you know, the corporate media keeps trying to gaslight the American people and say, oh, there are differences here, meaning that Biden's situation is not as is not as bad as Trump's.
00:17:34.000 The inverse, of course, is true, because President Trump, as president of the United States, has the legal unitary power to declassify whatever he wants, whenever he wants.
00:17:44.000 None of that power rested in certainly not in Senator Joe Biden nor in Vice President Joe Biden.
00:17:51.000 And yet we know these papers go all the way back to his senatorial days, up through his vice presidential days.
00:17:56.000 So, you know, once again, it's another troubling revelation, not surprising from somebody who really personifies permanent Washington.
00:18:03.000 Remember, Joe Biden was elected to the Senate in 1972.
00:18:07.000 OK, we are now past a half century mark of this man operating in the Washington sewer and doing so largely for his own benefit and the benefit of his family, which acted a lot more like a cartel than a legitimate family.
00:18:21.000 You very early on and for the audience, you know, J.D.'s a beloved character, but so are you.
00:18:30.000 And here's one thing is that Cortez is great about picking talent, but it's particularly about talent that stands for something.
00:18:38.000 And you saw this in J.D. Vance very early on and gave up so much of your time to do that.
00:18:42.000 When you see this Wall Street Journal piece, quite frankly, I'm shocked.
00:18:45.000 I am kind of shocked the Wall Street Journal published this policy joke because the Wall Street Journal op ed section is is the is the thought center of the neocons.
00:18:55.000 Is it not right? Steve Cortez, give us your thought about this piece and tie it back to what you saw in J.D.
00:19:00.680 And you went around Ohio with him nonstop barnstorming in that amazing three week run up to the primary.
00:19:06.000 Yeah, listen, thrilled to see J.D. Vance in the United States Senate and so far operating just as we all believed and hoped that he would as a patriotic populist advocate, as a real America first fighter.
00:19:19.000 One of the things that I saw in him earliest and thankfully the people of Ohio saw in him is that he is willing to buck the establishment, even though he is extremely close to the establishment because of his life experiences.
00:19:31.000 Right. Because he is this amazing Horatio Alger story, somebody who came from a troubled home, but found his way largely through the love of a devoted grandmother in the U.S. Marine Corps,
00:19:41.000 found his way all the way to Yale Law School and then significant success in business, a lot of fame because of his book and the subsequent movie about his book, Hillbilly Elegy.
00:19:50.800 So he's somebody who was intimately aware and conversant with the establishment, yet rejected the precepts of the establishment and saw, I think largely because he had lived in some ways these two separate lives,
00:20:02.880 saw the pain and the agony that was inflicted upon regular working class Americans by the ruling class for their own self-aggrandizement.
00:20:13.240 So I saw in him, you know, the perfect person in terms of both his character and life experiences, but then also in terms of the policy applications,
00:20:19.800 the fact that he was willing to stand up and say, wait a minute, is intervening Ukraine, is escalating this war really in American interest?
00:20:27.180 He was willing to say that way before it was popular. Now, I think it is getting to be a much more accepted ideal in American life right now,
00:20:35.680 and certainly at least on the political right. But it was a very lonely position.
00:20:39.200 There were only a few people there. Steve, you were one of them. J.D. Vance was one of them in those very early days.
00:20:44.240 And of course, both of you, as former officers of this country, people have worn the uniform of the United States, risked your lives to defend our freedom.
00:20:50.740 Both of you had authority even beyond other political analysts when you said, wait a second, does this march toward escalation really serve the interests of the United States?
00:21:00.720 So that's really mainly what attracted me about him, other than his personal life story, his character.
00:21:06.100 And I was I'm absolutely honored and thrilled to have played a supporting role in getting him elected.
00:21:10.380 And by the way, there are others like him, thankfully, in the U.S. Senate.
00:21:13.320 There's a crop of young patriotic populace who I think are starting to change that body.
00:21:18.400 People like Katie Britt and Senator Schmidt from Missouri.
00:21:21.900 I hope there's going to be more added to those ranks.
00:21:24.200 I think Jim Banks will be one of those in the upcoming election.
00:21:27.060 New declared candidate who's been endorsed by both now President Trump as well as J.D. Vance.
00:21:31.400 So this this movement continues to grow.
00:21:34.140 And a lot of us in the movement, in the America First movement, we understandably get very, very frustrated with particularly the Senate.
00:21:42.280 When you see people like Lindsey Graham, these kinds of globalist corporatists, obviously Mitch McConnell.
00:21:46.640 Well, the frustration is palpable at times and very understandable.
00:21:50.700 But let's also take solace and be encouraged by the fact that there are young patriotic populace who are already there or I think on their way there in the election in 2024.
00:22:00.760 And that our movement is still very young in the case of J.D. Vance, literally young, but also young as a political movement.
00:22:07.620 I want to go.
00:22:12.260 So people should know Cortez is not just a capital markets guy, but one of the most sophisticated people about narrative and political messaging.
00:22:20.480 It's the reason he was first brought on as a Trump surrogate into the Trump campaign back in 15 and 16 because of his understanding of this.
00:22:27.960 I want to go through.
00:22:28.660 I want to stick to Ukraine. 1.00
00:22:29.700 But, Steve, you've got to help me out here.
00:22:31.200 You know, all of a sudden, out of nowhere, these main battle tanks were everything.
00:22:35.920 And it kind of came like, boom, like a summer storm.
00:22:38.240 All of a sudden, Germany's committing tanks, you know, America's committing tanks, which means a whole new – in the war, all of a sudden you started to hear, yeah, this is all for a major offensive.
00:22:47.400 They're going to totally pivot, major offensive, kind of maybe give up Bakhmut, the seizure, pivot, summer, in the spring, massive offensive maneuver warfare, combined arms to Crimea.
00:23:00.200 And then they go, oh, by the way, we're going to need combat air patrol for that, closer, so we need F-16s.
00:23:04.580 So then F-16s became the thing.
00:23:06.180 This is just a couple of days ago.
00:23:07.660 And, of course, my favorite headline, you know, Lockheed announces – Lockheed announces they're starting production runner, F-16s, even without a purchase order.
00:23:14.720 So everything's go.
00:23:16.060 Then all of a sudden, Biden, no – well, maybe no F-16s.
00:23:19.940 Then today, you look at the Mac daddy, and if Denver could put that up on Drudge, all of a sudden, out of nowhere, now you see – which we've been saying is going to happen.
00:23:27.860 But now all of a sudden, there's a story, oh, well, you know, the Russians are actually massing, I don't know, 700,000 new troops.
00:23:34.680 They're conscripting on the border, and they're going to roll in with a massive winter offensive.
00:23:40.660 Steve, what is going on?
00:23:42.880 They're spinning a new story every day.
00:23:45.780 Give us your assessment of the narrative of this, and what's the reality behind it?
00:23:50.000 Well, listen, it seems like they try to throw out whatever escalatory tactics they think will play.
00:23:56.340 They see if it sticks or not, right?
00:23:58.040 And, I mean, I really believe it's that haphazard.
00:24:00.240 And that gets to the larger point here that you've certainly been making and that J.D. made on your show today of give us the plan, okay?
00:24:06.660 Give us the plan.
00:24:07.280 First, make the case to the American people why this battle, okay, this Black Sea battle, this ancient ethnic rivalry that has gone on from time in memoriam, make the case to us why this matters to us and why the American people have a vital national interest in what has been an often moving border of eastern Ukraine.
00:24:27.040 First, make that case.
00:24:27.900 Then, secondly, make the case of, okay, if it does matter to us, what is the strategic plan, what are going to be the tactics of the United States to achieve this supposedly massive goal, this supposedly massively consequential goal for the United States?
00:24:43.620 And then, thirdly, how are we going to pay for it, okay?
00:24:46.540 That would be what a serious country would do.
00:24:49.420 It would be what a real administration would do.
00:24:51.340 We don't have that, unfortunately, in the White House right now.
00:24:54.360 None of that has been done.
00:24:55.580 Instead, we get ridiculous platitudes saying that we're fighting for democracy or, you know, for the ideals of democracy or that we're somehow fighting to prevent another World War II, even though the situation is in no sense analogous to World War II.
00:25:10.040 Not to mention, if it were, Europe, to J.D. Vance's point, Europe should be far more alarmed than the United States, and that is not the case right now.
00:25:17.380 The United States has spent more.
00:25:18.820 Think about this.
00:25:19.540 It's important for the audience to know.
00:25:21.080 The United States has spent more than all of the European Union combined.
00:25:26.080 We have also spent more already in Ukraine than the entire Russian military budget, okay?
00:25:31.600 Those are the stakes.
00:25:32.560 That kind of context is important.
00:25:34.660 We are the force of escalation here.
00:25:37.280 That is the reality on the ground.
00:25:38.940 But, you know, getting back to the plan, Joe Biden had the decency to go to the American people, and not just Biden, the Republicans as well, many of them every bit as pro-escalation as he is, people like Lindsey Graham, have the decency to make the case, not with platitudes, okay, with reality, with strategic reality, to make the case to the American people why this is important, how you propose that we pursue these supposedly massive goals.
00:26:02.700 And then how are we going to pay for it?
00:26:05.400 Because, Steve, even if I were to grant, which I certainly don't, but even if I were to grant that this is massively important to the United States, how are we going to pay for it?
00:26:13.500 Our country is broke.
00:26:15.360 We are borrowing mountains of money that we are sending over to Ukraine, which only exacerbates the inflationary quagmire that we are currently suffering here in the United States.
00:26:26.560 The American people cannot afford the essentials of life, and yet we are borrowing mountains of money to send over to Ukraine to escalate a battle in which the United States has no discernible U.S. national security interest.
00:26:40.660 By the way, Steve, we're going to take a break.
00:26:42.440 We've got a chalk talk.
00:26:43.420 We've got more on the economy, more on capital markets.
00:26:46.140 We're going to get to Biden's beach house being, quote-unquote, raided by the FBI.
00:26:51.840 I guess since the FBI was invited, they cleaned it up, and the FBI has been invited over there.
00:26:56.560 So we're going to take a short commercial break.
00:26:57.780 We're going to come back to Steve Cortez in a moment.
00:27:00.280 A note about Jim Banks.
00:27:02.920 We had Jim Banks on, as you know, the day that he announced running for the Senate.
00:27:07.480 Banks is endorsed by President Trump.
00:27:09.320 Actually, the Senate, I think, Leadership Fund came in.
00:27:11.760 As soon as, wait for it, Mitch Daniels announced he's not going to run.
00:27:16.300 I take a tiny bit, this audience, a tiny bit of pride in that, of coming out strong, that Mitch Daniels was not acceptable.
00:27:22.900 It was going to be a very tough race for him.
00:27:24.520 He opted out even before.
00:27:26.640 He said, not the right job.
00:27:27.400 I came to D.C., checked it out, listened to a couple of War Room clips, said, not the right job for me at this time.
00:27:31.800 I'll pass it this time.
00:27:32.860 So J.D. Vance also endorsed.
00:27:36.360 Very important.
00:27:37.080 Short commercial break.
00:27:38.840 We need more Hollies. 1.00
00:27:40.480 We need more Banks.
00:27:42.040 We need more J.D. Vance's.
00:27:44.640 Schmidt now.
00:27:45.500 Looks like it's not going to be too shabby.
00:27:47.540 We'll check it all out.
00:27:48.640 Steve Cortez next.
00:27:49.920 We're going to talk about the economy, maybe even throw in a chalk talk next in the War Room.
00:27:54.040 Spread the word all through Hong Kong.
00:27:56.500 We will fight till they're all gone.
00:27:59.060 We rejoice when there's no war.
00:28:00.940 Let's take down the CCP.
00:28:03.620 Fair warning.
00:28:04.580 Listen to this convicted home title thief explaining what happens when he forges your home's title and takes over as the new owner.
00:28:13.360 Nobody thinks that I can take their house and borrow against the house.
00:28:16.540 Oh, no, I have title insurance.
00:28:18.080 It's in my name.
00:28:19.200 Or he would have to get some special document.
00:28:21.380 They would call me.
00:28:22.740 You know, nobody's calling you.
00:28:24.480 You're living in a delusion.
00:28:26.180 After I've stolen the title, borrowed against it, or sold the property, it's 60 to 90 days for that person to even figure out that they're the victim of this crime.
00:28:33.960 You start getting foreclosure notices.
00:28:35.860 You've got four mortgages on your house.
00:28:37.600 You don't even own your home anymore.
00:28:38.800 It's not even in your name.
00:28:39.660 Home title fraud is growing two and a half times faster than credit card fraud.
00:28:44.420 You could be a victim and not even know it.
00:28:47.040 Here's how to protect yourself and verify your home's title is still in your name.
00:28:52.420 Visit hometitlelock.com promo code radio.
00:28:56.220 Then register your address for your no obligation home title report.
00:29:01.120 A hundred dollar value you get for free.
00:29:04.000 Again, get your free home title report at hometitlelock.com promo code radio.
00:29:12.760 Here's your host, Stephen K. Vance.
00:29:15.640 Are you shocked at your latest utility bills?
00:29:24.020 Well, if you are, you're hardly alone.
00:29:26.220 But for millions of Americans, it's an absolute crisis because they are literally having their power shut off.
00:29:32.180 Let's look at the numbers in a chalk talk.
00:29:34.320 From the Chicago Sun-Times data, last year, January through October, the most recent month we have, 1.5 million Americans had their power shut off.
00:29:44.280 How does that compare in context?
00:29:45.760 Well, for electricity shutoffs, up 29% over the prior year.
00:29:49.880 For natural gas, up 76% over the prior year.
00:29:53.620 And this stunning number may get even worse soon because prices are spiking.
00:29:58.540 For example, in California right now, according to the utility SoCal Gas,
00:30:03.040 typical winter heating bill has gone from $130 a month last year to $315 a month this year, a rise of 142%.
00:30:13.740 This reality is simply unaffordable for many, many Americans.
00:30:18.780 It's a consequence of Biden's war on American energy and the exorbitant borrowing and spending of the Washington Uniparty.
00:30:24.880 We're counting on the GOP House to hold the line.
00:30:27.980 Okay, today, two things.
00:30:32.400 Steve Cortez is going to be a meeting at the White House with Biden and Kevin McCarthy.
00:30:36.540 It kind of started all off, and there's also going to be the Federal Reserve this afternoon.
00:30:41.280 Give us your assessment, though, of just walk through.
00:30:44.580 And by the way, Dave Walsh is going to join us.
00:30:46.240 Our energy expert is going to join us in the 6 o'clock show.
00:30:48.440 And we're going to go into details on this energy situation.
00:30:51.300 But, Steve, walk through where the economy is right now for working class and middle class Americans.
00:30:58.020 I reported out the other day 65% or 70% of Americans couldn't put together $1,000 if they had an emergency,
00:31:04.420 a super emergency with the kids or something.
00:31:06.220 They couldn't put their hands on $1,000 in cash.
00:31:09.280 70% of the American people, sir.
00:31:11.640 Right.
00:31:11.780 You know, Steve, the reality is, and you would never know this from corporate media,
00:31:15.180 but the reality is for working class people, we are in a very deep recession, if not a depression.
00:31:21.540 And that's not my opinion.
00:31:22.620 That may sound alarmist.
00:31:24.300 But that's what the numbers reveal, like the numbers that I just showed during the chalk talk.
00:31:28.180 And by the way, I'm being very careful there because I always cite things.
00:31:31.860 I always make sure that my data is correct.
00:31:33.600 The actual number is probably worse than that because only 30 states out of the 50 states actually report this data.
00:31:40.160 And again, we only have that data through October.
00:31:42.480 So the reality is probably closer to about 2 million households, not people, 2 million households in the United States had their power shut off last year.
00:31:52.500 And it's only going to get worse, Steve, because there was, of course, a moratorium on power shutoffs during the pandemic.
00:31:58.380 And that saved a lot of people.
00:32:00.260 But that is no longer the case.
00:32:02.340 So the reality on the ground for working class people right now, Steve, and we know this because of credit card debt, 0.67
00:32:07.640 is that they simply are struggling simply to stay afloat.
00:32:12.380 And by the way, to further prove my point, and again, let's use some data and evidence to back this up,
00:32:17.240 the Wall Street Journal actually just in a couple days ago published an article,
00:32:20.960 the U.S. consumer is starting to freak out.
00:32:24.200 Not a term that you normally see from the Wall Street Journal.
00:32:26.660 But the journal is exactly correct here.
00:32:28.840 And if we can go to slide number one, chart number one, as evidence of that, of the consumer freaking out,
00:32:34.100 credit card balances up 15% in the third quarter.
00:32:37.960 And according to the New York Fed, that is the largest increase in credit card balances in two decades.
00:32:43.300 And this is also key.
00:32:44.460 In the Wall Street Journal, a paper I don't often agree with, they did very good reporting here.
00:32:48.460 They also said tens of millions of Americans, and this is a key point,
00:32:51.040 are going to have to start resuming making payments on student loans later this year.
00:32:55.600 So, Steve, think about the fact that a lot of folks could get away with not paying the utility bills
00:32:59.660 and still keep the power on, OK?
00:33:01.240 That has ended.
00:33:03.000 Also, millions of Americans have not paid student loans now in almost three years,
00:33:07.580 and they're going to have to start paying student loans.
00:33:10.220 In addition to that, Steve, we know that the job market is deteriorating fast.
00:33:15.020 That is always the last indicator that we are going into a recession,
00:33:19.320 because employers, thankfully, are reticent to lay people off.
00:33:23.140 They make cuts other places first before they start laying people off.
00:33:26.680 And the Wall Street Journal, if we can pull up slide number two, chart two,
00:33:29.480 also made this point in that article about the consumer freaking out,
00:33:33.920 and they cited the chief economist of Nationwide.
00:33:36.580 And she said, the last bastion of strength is the labor market,
00:33:40.660 but I don't think it can withstand all these other forces.
00:33:44.400 So, Steve, here we see this confluence of factors, right?
00:33:47.720 What the Biden inflation has done to crush working-class Americans,
00:33:51.140 middle- and lower-income folks, are hardly making it right now,
00:33:54.280 as revealed by the utility shutouts, the most basic bill in your life, right,
00:33:58.800 that people simply can't pay.
00:34:00.600 At the same time, we have the Biden war on American energy,
00:34:04.820 unfortunately making these basics of life all the more unaffordable.
00:34:09.440 And the result, the net-net result, is that the U.S. consumer,
00:34:13.300 who had kept the U.S. economy going,
00:34:15.340 who was more than two-thirds of the total U.S. economy, is spent.
00:34:19.400 That's the reality right now.
00:34:20.880 That is what we face in this country.
00:34:22.740 And again, it puts tremendous onus, tremendous pressure on the House GOP
00:34:27.900 to do the right thing.
00:34:29.080 The American people handed them a mandate, entrusted them,
00:34:33.320 gave that gavel to Kevin McCarthy for an important reason,
00:34:37.900 to stand up against Biden on a lot of issues,
00:34:40.840 but I think perhaps principally this one, or maybe second only to the border,
00:34:44.580 to restore the prosperity of the United States,
00:34:47.580 because working-class people are really hurting right now.
00:34:52.980 I want to tie this back to the two things today.
00:34:56.220 Then you've got McCarthy going over to the White House for the first meeting.
00:35:00.920 And remember, Biden's position is clean debt ceiling, no negotiations.
00:35:05.520 You've just got to give it.
00:35:07.960 And then you've got the Federal Reserve should be, I think, this afternoon.
00:35:12.560 On McCarthy, we shouldn't be leading with – they want to put forward a plan of the cuts
00:35:19.300 and, of course, Medicare and Social Security off the table.
00:35:21.820 We know that, as it should be.
00:35:23.900 But do you believe – we shouldn't put forward anything right now.
00:35:28.140 Don't they owe us the financial model?
00:35:30.280 Steve, you follow this very closely, as I do.
00:35:32.360 We have no earthly idea, none, of where the Biden regime is,
00:35:36.700 where the Biden administration is anywhere financially.
00:35:39.020 We don't know what the cash flow is.
00:35:40.240 We don't know really – we've got a letter that's got one number, 5 June, right,
00:35:44.840 where they say they run out of cash, which is a lie.
00:35:47.880 That's a total lie.
00:35:49.640 Give us your thoughts on this and how important this is for working-class people
00:35:53.080 about your economic situation is not going to get better
00:35:56.200 until we sort this situation out with the debt ceiling and with the Federal Reserve, sir.
00:36:00.200 Correct. So, you know, look, good math teachers will always say,
00:36:04.360 show me your work, right?
00:36:05.360 I don't want to see just the final answer because you might have looked at your neighbor's paper
00:36:08.840 and gotten the final answer and gotten it correct, okay?
00:36:11.300 So, show me your work, right?
00:36:13.100 Any good math teacher does that. 0.51
00:36:14.600 Well, McCarthy needs to be a math teacher and say, show us your work.
00:36:18.180 By the way, this is very analogous to what we were just talking about with Ukraine, okay?
00:36:21.640 Show us your work there.
00:36:22.740 What's your plan?
00:36:23.420 Because, no, we don't trust you.
00:36:25.160 After two decades, okay, Washington war machine
00:36:28.080 and the foreign policy establishment of America,
00:36:30.480 we don't trust you to just make it up as you go along.
00:36:33.260 We don't trust you that an ad hoc plan is going to work out somehow for the American people.
00:36:38.400 We don't trust you in Ukraine and getting back to the economy.
00:36:41.360 We don't trust you here.
00:36:42.360 Janet Yellen, you say that we can pay our bills through June.
00:36:45.240 Okay, show us that model.
00:36:47.020 Show us exactly the model.
00:36:48.600 Show us the prioritization of payments.
00:36:50.460 And, Steve, I think you were the first person out there in the conservative world in media
00:36:54.560 to promote this idea, and it's critical.
00:36:57.800 Show us how you are going to prioritize payments.
00:37:00.440 Because I think, in all reality, we can actually go quite a bit past June
00:37:04.360 and still take care of the fundamental obligations of the United States,
00:37:08.060 meaning things like, in an order of priority,
00:37:11.080 first thing, faith and credit of the United States, paying the interest on our debt.
00:37:14.540 Secondly, things like Medicare and Social Security, that those will be taken care of, okay?
00:37:19.520 We can do this, and we can go, in all likelihood, for quite a long time.
00:37:23.520 But show us your work.
00:37:24.540 And then beyond that, if we agree to raise the debt ceiling, what is the economic model?
00:37:30.200 What is the economic model, Joe Biden and Janet Yellen, to get us back to a place of fiscal sanity?
00:37:35.800 Because, again, to connect the dots, my last two chalk talks have been about
00:37:39.380 Americans can't pay their utilities, Americans can't pay their car bills, okay? 0.53
00:37:44.120 That's the reality.
00:37:45.040 The repo man is back.
00:37:46.440 One of the few jobs that's going to be very much in demand is being a repo man right now.
00:37:51.040 Both of those realities, okay, your car payment, your utility bills,
00:37:54.300 are directly connected to what is going on in Washington, D.C.
00:37:59.060 The profligacy, the exorbitant borrowing and spending of Washington, D.C.,
00:38:03.420 combined with the war on American energy,
00:38:05.320 has created an absolute inflation inferno in this country
00:38:09.180 that has resulted in real wages crashing for 21 straight months,
00:38:14.140 the worst streak in all of American history.
00:38:17.620 And given the streak of layoffs right now, Steve,
00:38:19.860 given the fact that big business, particularly big tech,
00:38:22.080 is starting to lay off people en masse, by the way,
00:38:24.920 that 21-month streak of declining real wages,
00:38:27.780 I don't see that reversing anytime soon, unfortunately.
00:38:30.280 I fear, you know, that in another nine months,
00:38:32.460 I'm going to be on this show saying,
00:38:33.680 we're now at 30 straight months of declining real wages.
00:38:36.600 But how do we arrest that trend?
00:38:38.520 How do we change that trajectory?
00:38:40.060 How do we get back to a place of fiscal sanity
00:38:42.180 and get back to a place where working-class Americans 0.99
00:38:44.340 can pay their bills?
00:38:45.240 And I don't mean the luxuries.
00:38:46.240 I mean the basics of life.
00:38:47.840 Well, Kevin McCarthy has to stand his ground.
00:38:50.200 The U.S. House of Representatives, Republican majority,
00:38:53.200 they must stand their ground.
00:38:54.240 And you're exactly correct.
00:38:55.220 The onus is not on the Republicans to come up with a plan.
00:38:58.560 I mean, of course, we should have a lot of ideas.
00:39:00.260 But the onus is on the White House to say,
00:39:02.840 okay, here's our model.
00:39:04.160 We're going to show our work, as any good student would do.
00:39:07.280 We're going to show our work,
00:39:08.320 why we're saying we can last through June.
00:39:10.100 And here's what we propose going forward
00:39:11.880 to get back to a place of fiscal sanity.
00:39:14.040 So thank goodness we do have that leverage.
00:39:16.080 And look, I know a lot of folks are very understandably
00:39:19.380 not happy with last November's elections,
00:39:21.960 that we thought we would do better.
00:39:23.140 And I certainly agree with that wholeheartedly.
00:39:25.340 However, let's also take solace that we did win the House,
00:39:29.240 that we earned that victory,
00:39:30.900 and we have this seat at the table,
00:39:32.500 and we have this significant lever of power
00:39:34.820 that we can use and that we must use
00:39:37.080 in the coming weeks to restore prosperity.
00:39:40.600 You see, the narrative is pointing out,
00:39:42.180 oh, you're going to cause an economic catastrophe.
00:39:44.440 It's already an economic catastrophe.
00:39:46.220 It's an economic catastrophe.
00:39:47.400 Just ask working class people 1.00
00:39:48.820 or middle class people throughout the country.
00:39:50.940 It's a catastrophe.
00:39:52.220 The only way you reverse this
00:39:54.240 is full spectrum energy dominance,
00:39:56.560 along with stop printing money.
00:39:58.540 Remember, this spending is really a tax.
00:40:01.660 John Tammi, this spending is really a tax on people.
00:40:04.940 Okay?
00:40:05.240 And it's all there to replace the productive economy
00:40:11.600 that's waiting to be unchained.
00:40:13.800 Right?
00:40:14.020 And that's why he continued to have this phony,
00:40:15.940 you know, and this is why they got to stop the emergency use,
00:40:19.020 because once you do that, all the games,
00:40:20.500 all these excess payments are going to people.
00:40:22.400 Right?
00:40:22.980 This whole thing about the student debt,
00:40:24.700 that's why they want to extend it.
00:40:26.420 That's why they want the emergency powers extended.
00:40:28.880 And that's one of the reasons we got to stop it.
00:40:30.600 Plus the fact there is no pandemic.
00:40:32.900 Right?
00:40:33.220 Let's go to, I want to go to the Fed.
00:40:34.880 Give us your thoughts today,
00:40:35.820 because everybody's, you know, Jim Cramer,
00:40:37.180 everybody's around.
00:40:38.100 Although Michael Burry last night put out a one word tweet
00:40:41.040 that went mega viral.
00:40:42.780 Sell.
00:40:43.660 So tell us about the Fed today.
00:40:46.020 Your thoughts, Brother Cortez.
00:40:48.440 You know, so look, I'm basically consensus here
00:40:50.620 with most economists on Wall Street
00:40:51.880 that the Fed will raise by a quarter basis point,
00:40:54.140 meaning 0.25%.
00:40:55.960 But I guess I would be a little out of consensus
00:40:58.820 in that I think the Fed will talk tougher.
00:41:00.720 I think rather than the actions today,
00:41:02.160 actually the talk is going to be more important
00:41:03.860 regarding the press conference from Powell.
00:41:06.240 And I think he's going to talk tough.
00:41:07.300 And the reason I say that is,
00:41:08.820 financial markets so far are sort of calling the Fed's bluff,
00:41:11.680 saying, well, you've raised pretty aggressively,
00:41:13.320 but we really don't think you're going to continue to.
00:41:16.440 And I think Powell has found religion.
00:41:18.460 I really do.
00:41:18.940 And by the way, I'm not giving him undue credit, OK,
00:41:21.880 because Powell was either a fool or a liar
00:41:25.200 or some combination of the two throughout 2021, for example,
00:41:29.020 when he joined Janet Yellen and even into 2022
00:41:31.720 trying to tell the American people
00:41:33.720 that inflation was, quote, transitory,
00:41:36.320 when anybody with a brain knew
00:41:38.060 that it was anything but transitory.
00:41:39.560 It was structural.
00:41:40.380 So Jerome Powell and the Federal Reserve as an institution,
00:41:43.260 they have tremendous guilt here.
00:41:45.140 They have complicity for what they have created.
00:41:47.120 However, having said that, it really
00:41:49.140 does seem like Jerome Powell has found religion.
00:41:51.780 And in his public statements and because of his actions
00:41:54.200 in raising rates aggressively, he seems keenly aware
00:41:57.380 of the crisis that this country faces regarding inflation.
00:42:00.960 And so my guess is, and my prognosis for today
00:42:03.720 is that he's going to talk tougher than the markets expect.
00:42:07.180 And given that, I would join.
00:42:08.680 I'm not giving financial advice to anybody.
00:42:10.440 But on the whole, looking at the macro perspective,
00:42:13.080 I would join Dr. Michael Burry of the Big Short fame
00:42:16.300 and saying, in general, assets are priced pretty richly here
00:42:20.540 if the Fed is going to stay aggressive,
00:42:22.820 meaning that Wall Street perhaps is a bit more exuberant
00:42:26.060 than the reality on the ground would suggest.
00:42:30.260 We're going to go to break.
00:42:31.240 We're going to come back with Cortez.
00:42:32.760 We've got Darren B.
00:42:33.300 You and Drew is talking about Nikki Haley in South Carolina.
00:42:35.800 Real quickly, Steve, we've only got about 20 seconds.
00:42:38.760 Boris Johnson's on Capitol Hill.
00:42:40.240 What are your thoughts, Boris Johnson,
00:42:41.780 a great prime minister of England, or maybe not so great?
00:42:44.700 He might be the worst prime minister in the history of the U.K.,
00:42:48.560 and that's saying something for a country with centuries of prime ministers.
00:42:53.960 Steve Cortez, hold on for one moment.
00:42:56.400 Short commercial break.
00:42:57.800 We'll be back.
00:42:58.340 We've got Darren Beattie, Steve Cortez, next in the war room.
00:43:00.760 Because we're taking down the CCP.
00:43:04.620 Spread the word all through Hong Kong.
00:43:07.120 We will fight till they're all gone.
00:43:09.660 We rejoice when there's no more.
00:43:11.860 In Joe Biden's America, criminals are exalted and the police are condemned.
00:43:17.320 It's sad to say, but you need to be prepared and properly trained to defend yourself
00:43:21.700 and to defend your family.
00:43:23.720 Thankfully, there's iTarget Pro.
00:43:25.700 This revolutionary system allows you to dry fire practice with your actual firearm anytime
00:43:31.700 in the safety and privacy of your own home.
00:43:35.260 No more inconvenient trips to the range,
00:43:37.360 and with inflation causing the price of ammo to skyrocket, you save a ton of money.
00:43:42.240 Just download iTarget's proprietary app,
00:43:45.060 load the laser bullet into your firearm,
00:43:46.940 and start your training experience.
00:43:49.140 iTarget will help you develop muscle memory,
00:43:51.820 sharpen target reaction speed, sight alignment, trigger function, and more.
00:43:56.140 iTarget Pro comes in all the major calibers,
00:43:58.620 so you can stay sharp with almost any firearm.
00:44:02.320 Go to iTargetPro.com right now and save 10% plus.
00:44:06.740 Get free shipping with the offer code BANNON, B-A-N-N-O-N, all one word.
00:44:13.620 This makes a great gift for Father's Day and is less expensive than a few hours at the range.
00:44:18.240 That's the letter iTargetPro.com.
00:44:22.460 That's iTargetPro.com.
00:44:25.080 Offer code BANNON, B-A-N-N-O-N. 0.85
00:44:27.740 Getter has arrived.
00:44:29.920 The new social media taking on big tech,
00:44:32.820 protecting free speech,
00:44:34.760 and canceling cancel culture.
00:44:37.760 Join the marketplace of ideas.
00:44:39.980 The platform for independent thought has arrived.
00:44:42.720 Superior technology.
00:44:44.040 No more selling your personal data.
00:44:46.120 No more censorship.
00:44:47.940 No more cancel culture.
00:44:49.800 Enough.
00:44:50.960 Getter has arrived.
00:44:51.940 It's time to say what you want, the way you want.
00:44:56.200 Download now.
00:44:59.520 He got defaulted in the open when he hit the line in the state.
00:45:06.860 He gets deported out of Australia.
00:45:09.560 Doesn't get any points at Wimbledon.
00:45:12.960 Can't play the open.
00:45:18.020 The product has choices, to be fair.
00:45:19.640 He made choices that led the bat.
00:45:21.480 Some of those things.
00:45:22.540 I don't think he should have been a committed reply.
00:45:25.700 Well, that's a debate.
00:45:27.140 He did make choices that led to that.
00:45:32.160 That's for God for the moment.
00:45:36.100 Okay.
00:45:36.960 Steve Cortez is with us.
00:45:39.000 Cortez, a terrible day in American sports history
00:45:44.100 because the man, Tom Brady, has retired officially,
00:45:48.260 the greatest of all time,
00:45:49.840 in the hardest position in all sports.
00:45:52.480 And somebody, Ben Harnwell today said,
00:45:53.800 oh, you left Formula One.
00:45:55.300 Don't give me Formula One.
00:45:56.540 Being a national football quarterback
00:45:58.740 is two orders of magnitude harder than anything else on earth.
00:46:03.000 Okay.
00:46:03.640 He retired.
00:46:04.300 But this is such a big story for so many reasons.
00:46:07.900 Right.
00:46:08.340 And I want to talk a little bit about Chris Fowler,
00:46:10.040 who I love on football, but just went awful woke on this.
00:46:14.260 Talk to us about why this athlete, why this is so important,
00:46:17.280 particularly given everything we're finding out now about the VACs.
00:46:20.640 Right.
00:46:21.440 Listen, Chris Fowler is a corporatist shill.
00:46:24.860 And unfortunately, in that regards, he very much fits the ESPN mold
00:46:29.040 because ESPN is all about woke narratives,
00:46:32.900 and it's all about supporting their advertisers,
00:46:35.380 including big pharma, rather than really covering sports.
00:46:38.320 Now, by the way, folks out there who aren't into tennis
00:46:40.860 or aren't into sports, this story still matters to you
00:46:43.260 because it's about COVID tyranny.
00:46:45.400 So Djokovic won for the 10th time the Australian Open.
00:46:48.820 It was a magnificent comeback for somebody who was literally
00:46:51.740 expelled from that country last year
00:46:54.500 for supposedly being unsafe to the health of Australians,
00:46:57.680 even though he is literally one of the most fit people
00:47:00.020 on the entire planet.
00:47:01.600 But because he decided for very valid reasons
00:47:04.300 to not get vaccinated, he was expelled from Australia last year.
00:47:07.760 But not only did he return and win this tournament,
00:47:10.360 he has regained the number one ranking in the world,
00:47:12.940 despite the fact that he obviously couldn't play in Australia last year.
00:47:16.020 He got no points, as John McEnroe, the tennis great, mentioned there.
00:47:19.320 He got no points for Wimbledon.
00:47:21.460 And then total shame on the United States.
00:47:24.580 He was not allowed to play in the United States Open last year.
00:47:28.060 And the United States Tennis Association,
00:47:30.180 the United States government, the Biden administration,
00:47:32.320 all of them should hang their heads in shame
00:47:34.860 that we told the most talented and fit tennis player in the world
00:47:38.960 that he was not allowed to come and play tennis in the United States
00:47:42.180 because of the personal medical choices he had made.
00:47:44.320 But despite all of those obstacles, he regains the number one ranking.
00:47:48.760 And John McEnroe is celebrating that on ESPN.
00:47:52.000 And Chris Fowler has to step in and defend the corporate interest, right,
00:47:56.940 and try to step on this magnificent story and say,
00:47:59.780 oh, well, this was because of the choices that he made.
00:48:02.860 No, it wasn't.
00:48:03.720 It was because of COVID tyranny in Australia,
00:48:06.500 COVID tyranny here in the United States,
00:48:08.440 and big pharma's pain that it inflicted upon Americans,
00:48:13.000 many of them regular folks, by the way, who couldn't deal with it,
00:48:15.860 the way, thankfully, Djokovic is in his own stratosphere financially, right,
00:48:19.320 not worried about his finances.
00:48:20.720 A lot of regular working class Americans were
00:48:22.720 who had to make the same kind of decisions as Djokovic did.
00:48:25.920 But I just, I think it's very revealing to see that take.
00:48:28.220 And good for John McEnroe for standing up for Djokovic,
00:48:31.180 and shame on Fowler for playing corporate shill.
00:48:34.520 And you, Emerald Robinson, there are other heroes.
00:48:37.500 This is all going to come out over time, trust me, what went on here.
00:48:40.800 Outrageous.
00:48:41.260 And now we're into the Pfizer documents.
00:48:42.980 Our book is number three, I think, the collection of all the reports.
00:48:47.140 The one Naomi gave last night was probably the most explosive of all.
00:48:51.100 So this is all going to come out.
00:48:52.080 New York Times article on all this.
00:48:54.180 I'm quoted in there saying the vax, its origination, what happened, all of it.
00:48:58.760 The vax is going to be at the center of the primary in 2024.
00:49:02.140 Trust me, we need answers on all this.
00:49:05.040 Fowler, I love him on football, but, man,
00:49:07.020 to make that comment right there is pure corporate to shill.
00:49:10.580 Steve, I know you've got to bounce, but I've got Darren Beattie up.
00:49:14.180 Darren Beattie's got a new article on Nikki Haley.
00:49:17.240 I want your thoughts on it.
00:49:18.160 You know, four weeks before, five weeks before the 2018 midterm,
00:49:23.620 which I was going around the country saying, hey, Pelosi's telling people
00:49:25.880 if they take the House, they're going to impeach him.
00:49:27.460 People are going, what are you talking about?
00:49:28.520 They're going to impeach Trump?
00:49:29.160 What do you mean?
00:49:29.720 I said, that's what she's telling me.
00:49:30.680 That's why they're knocking on doors and ringing doorbells.
00:49:32.900 Nikki Haley resigned, steps down from the administration.
00:49:37.120 She could have done it the evening of the election.
00:49:38.980 She could have waited four weeks.
00:49:40.100 The reason she did that is she wanted to say, hey, I'm not with him.
00:49:43.260 I'm not with him.
00:49:44.840 And I was giving a talk in London at Bloomberg.
00:49:48.180 They had a conference there of all these hedge fund guys,
00:49:50.740 and I'm laying down fire-breathing, you know, populist nationalism.
00:49:53.780 And they told me that.
00:49:54.900 And I said, hey, she is, you know, to quote Milton, you know,
00:49:59.140 since I was in London, I was going to give a paradise loss analogy.
00:50:01.900 She's as ambitious as Lucifer.
00:50:04.240 Your thoughts on Nikki Haley from South Carolina, Steve Cortez.
00:50:08.640 Maybe more ambitious than Lucifer and even less principled.
00:50:11.880 That's what I would say about Nikki Haley.
00:50:14.680 And if you think it's hyperbole, just look at her past statements.
00:50:17.460 I call her the political weather vane, meaning whichever way she thinks the political winds are going, 0.86
00:50:22.520 that's where she orients herself.
00:50:24.040 And by the way, I say thinks because she's usually wrong about where she thinks the political winds are going. 0.79
00:50:28.820 But look at her relationship just with Donald Trump, right?
00:50:32.300 Absolutely gushed over Donald Trump when he was popular, when things got tough after January 6th,
00:50:37.520 and a lot of people showed who they truly were after January 6th in that aftermath.
00:50:41.940 Here's what she said about him.
00:50:43.140 She then comes back to Donald Trump, gushing over Donald Trump and promising that she will not run against him if he gets in the primary.
00:50:57.440 Well, he is very obviously in the primary, and now she is getting into the primary.
00:51:02.020 So she is a political weather vane. 1.00
00:51:04.660 She is a total committed globalist, somebody who served on the board of directors of Boeing.
00:51:09.660 She is unfortunately representative of the terrible politicians from the great state of South Carolina. 0.96
00:51:15.840 It's an absolute crime that the wonderful people of that red state, the wonderful salt of the earth South Carolinians, are represented by so many charlatans, unfortunately.
00:51:26.160 And we can get into that maybe at another segment.
00:51:28.700 But chief among them, their former governor, Nikki Haley.
00:51:31.260 So, hey, you know, in a sense, I'm almost glad that she's entering the primary because, fine, it will give us a chance to highlight the failures of the globalists, to highlight her own hypocrisy, her own duplicity.
00:51:42.740 And yes, to your point, her unbridled ambition that is not bound in any sense in patriotism or principle, but only in the pursuit of power.
00:51:51.100 That's who Nikki Haley is.
00:51:52.320 We got the quote of the of the week from more ambitious than Lucifer and less principled.
00:52:00.800 Steve Cortez, how do they get your content, brother?
00:52:03.840 Please find me on Twitter.
00:52:05.080 I'm at Cortez Steve Cortez with an S.
00:52:09.400 Thank you very much.
00:52:10.460 Short commercial break.
00:52:11.660 Darren Beattie, revolver.
00:52:12.920 He's got a thing or two to say about Nikki.
00:52:14.800 Also, we're going to start with a cold open on our favorite Victoria Nuland and what she thinks about Ukraine next in The War Room.
00:52:28.080 Folks, let me tell you about Salty.
00:52:29.920 It's a company that makes a soft gel supplement rich in antioxidants to help people like you and me keep a healthy heart.
00:52:36.900 While COVID gets all the headlines, it's important to realize that heart disease kills nearly 700,000 Americans every year.
00:52:45.440 Yes, heart disease is the number one killer every year, year in and year out.
00:52:49.260 Heart disease builds over time.
00:52:51.260 Hypertension, high blood pressure, bad cholesterol, diabetes, all of it affects our heart.
00:52:56.540 A healthy heart is key to being energetic as we get older.
00:53:00.980 It is never too early to take care of your heart.
00:53:04.320 You see, heart disease sneaks up on us.
00:53:07.280 You can start in your 30s, and when this happens, you're at serious risk by the time you turn 60.
00:53:10.980 If you want to take care of your heart and those you care about, please go to warroomhealth.com.
00:53:17.600 That's warroomhealth.com.
00:53:20.160 All one word, warroomhealth.com.
00:53:22.740 Use the code warroom at checkout to save 67% of your first shipment.
00:53:27.480 That's code warroom at checkout to save 67%.
00:53:30.480 Do it again.
00:53:31.080 War Room Health, all one word, warroomhealth.com.
00:53:35.300 Go there today.
00:53:36.820 You need, if you're going to be part of the posse, you need a strong heart.
00:53:39.840 You need a lion's heart.
00:53:41.580 How we're going to do that is with Salty.
00:53:43.980 Go there.
00:53:44.520 Do it today.
00:53:45.160 Check it out.
00:53:46.640 War Room Posse. 0.99
00:53:47.640 You already know free speech is under constant attack by the swamp and their big tech allies.
00:53:53.120 They resell your communications and personal data while lecturing and laughing at you.
00:53:57.780 I've got the solution.
00:53:59.200 Unplugged Systems, a secure communications company, has an app suite you can install on
00:54:04.280 any Android phone, including its own uncancelable app store, VPN, antivirus, and highly encrypted
00:54:12.560 messenger better than Wicker, Signal, Telegram, or anything else.
00:54:16.540 None of your message or VPN traffic is stored, analyzed, or sold.
00:54:20.500 Claim your security for only $10 a month.
00:54:23.820 Go to their website, unplugged.com.
00:54:26.480 That's unplugged.com slash warroom to install the Unplugged suite.
00:54:31.160 It's secure.
00:54:32.160 It's private.
00:54:33.460 It's the way we stay connected and informed.
00:54:36.100 Get it now.
00:54:37.240 Take action, action, action.
00:54:39.320 Use your agency.