Bannon's War Room - March 11, 2023


Episode 2579: Elon: The Running Dog For CCP; Accountability For The American People


Episode Stats

Length

51 minutes

Words per Minute

165.68158

Word Count

8,531

Sentence Count

550

Misogynist Sentences

4

Hate Speech Sentences

23


Summary

Stephen K. Bannon and Ali Velshi break down the collapse of Silicon Valley Bank and the fallout from it. They also talk about Elon Musk and why he's a total phony and why the Chinese Communist Party owns a lot of tech companies.


Transcript

00:00:00.000 This is the primal scream of a dying regime.
00:00:06.760 Pray for our enemies, because we're going medieval on these people.
00:00:11.980 I got a free shot at all these networks lying about the people.
00:00:16.240 The people have had a belly full of it.
00:00:18.200 I know you don't like hearing that.
00:00:19.600 I know you try to do everything in the world to stop that,
00:00:21.340 but you're not going to stop it.
00:00:22.280 It's going to happen.
00:00:23.540 And where do people like that go to share the big lie?
00:00:26.940 MAGA media.
00:00:27.840 I wish in my soul, I wish that any of these people had a conscience.
00:00:33.720 Ask yourself, what is my task and what is my purpose?
00:00:37.480 If that answer is to save my country, this country will be saved.
00:00:43.800 War Room. Here's your host, Stephen K. Bannon.
00:00:52.320 What I'm holding right now is the notice from the FDIC right now,
00:00:56.640 in essence saying what you just did,
00:00:58.860 that California banking regulators have moved to now shut down Silicon Valley Bank.
00:01:05.340 It is the largest bank meltdown since the global financial crisis over a decade ago.
00:01:10.660 Following the shutdown of Silicon Valley Bank,
00:01:13.600 the federal regulators have taken control of its deposits.
00:01:16.420 The FDIC says insured depositors will be able to access money by Monday morning,
00:01:22.380 but standard insurance only protects up to $250,000 per person.
00:01:27.800 You know who I brought in to break this down with me?
00:01:29.840 My partner, Ali Velshi.
00:01:31.340 We're going to start with this.
00:01:32.540 Let's just walk our audience through how this started.
00:01:34.840 OK, Silicon Valley Bank has been around forever,
00:01:37.180 but it is the bank for startups, right?
00:01:40.980 It is the bank for all of Silicon Valley.
00:01:43.680 During COVID, we saw a huge influx of investment into startups.
00:01:48.440 This bank ballooned in the amount of deposits it had, almost $200 billion.
00:01:52.460 They said, what are we going to do with it?
00:01:53.600 They decide to invest in mortgage-backed securities when interest rates were super low.
00:01:58.280 Right.
00:01:58.600 So, of course, interest rates go up.
00:02:00.260 The value of those securities plummet.
00:02:02.360 So they say, oh, we got a shortfall.
00:02:04.380 What are we going to do?
00:02:05.240 Right.
00:02:05.620 And instead of privately figuring this out,
00:02:08.520 they go out in the markets and they say, we're going to raise capital.
00:02:10.960 And what does it do?
00:02:12.300 Spooks the markets, spooks investors,
00:02:14.700 right around the time when a crypto bank goes under.
00:02:17.920 Right.
00:02:18.280 The collapse of the neoliberal order,
00:02:20.200 which is predicated upon the slave labor of China, the Lao Bajian,
00:02:23.280 gives us an opportunity to throw off the chains of working class people everywhere,
00:02:27.760 right, regardless of race or gender or religion, right?
00:02:33.440 And we have a unique opportunity to do that in this.
00:02:36.500 And that's going to come.
00:02:37.400 That's why populism is on the rise.
00:02:38.820 And particularly, that's why right-wing,
00:02:40.540 what I'm proud to be a right-wing populist,
00:02:42.560 that's why right-wing populism is on the rise.
00:02:44.480 So, Min Liang Tan, co-founder and CEO of Razor, tweeted,
00:02:49.800 I think Twitter should buy SVB and become a digital bank.
00:02:52.960 Elon Musk replied, I'm open to the idea.
00:02:56.240 Seems a bit silly.
00:02:57.300 I don't know.
00:02:57.920 How would you, what would you think about that?
00:02:59.540 I think until Elon Musk starts letting back on the most,
00:03:04.240 the true anti-CCP people that he keeps blocked off there,
00:03:08.600 myself included, not that I want to go on there.
00:03:10.260 Oh, yeah.
00:03:11.280 He's owned by the Chinese Communist Party.
00:03:14.180 What are you talking about?
00:03:14.680 Tesla, his only sense of, the only thing of real value is Tesla.
00:03:18.360 He uses it for margin loans.
00:03:20.360 He sells the stock.
00:03:21.460 The Shanghai joint venture is 100% controlled by the CCP.
00:03:25.580 This is why he never goes after the CCP.
00:03:28.340 This is why he always backs off.
00:03:29.460 This is when they had the protest.
00:03:31.300 They had the protest about the lockdowns of COVID.
00:03:33.440 He will not do it.
00:03:34.940 Elon Musk is a total and complete phony.
00:03:38.060 He is in bed in a business party.
00:03:39.980 He's done some good stuff of letting stuff out with Taibbi and others.
00:03:43.480 It's fine.
00:03:44.240 But he is owned, lock, stock, and barrel by the Chinese Communist Party,
00:03:49.780 and he acts like it.
00:03:50.840 There was a story recently that they warned him to stop talking about lab leak.
00:03:55.320 100%.
00:03:55.680 He's got, and I think there was another story where.
00:03:57.460 They wanted him to take down the tweets he did the first time.
00:03:59.500 Now, he didn't take them down,
00:04:00.800 but you notice he didn't have any more up there after that.
00:04:03.280 And I wonder if he said, okay, I won't tweet more about it.
00:04:05.560 But here's the issue I see with the CCP and the United States,
00:04:08.400 and if the United States falters, if this fourth time.
00:04:10.080 By the way, the CCP, Chinese companies are all in the Silicon Valley Bank.
00:04:13.420 Oh, yeah.
00:04:13.640 It's another thing they're already talking about.
00:04:15.080 We think maybe up to a third of those innovative companies may be CCP.
00:04:18.620 Okay, Saturday, 11 March, year of our Lord, 2023.
00:04:24.900 A little bit on fire from yesterday.
00:04:27.440 The Silicon Valley Bank, we're getting into this,
00:04:29.560 the collapse of one of the biggest financial institutions in the country,
00:04:33.040 the second biggest bank failure in the history of this nation.
00:04:37.060 The biggest was during the 2008 financial collapse.
00:04:41.280 The question, two questions, or is it, three questions.
00:04:44.600 Number one, why did it happen directly related to Biden's economic
00:04:48.660 and financial policies directly?
00:04:50.740 Number two, is there really going to be a contagion here?
00:04:53.540 Is this systemic and going to spread?
00:04:55.540 And number three, how big a bailout are they going to come to MAGA?
00:04:59.200 Are they going to come to the MAGA Republicans in the House this week?
00:05:03.140 Because, ladies and gentlemen, there's $169 billion of uninsured,
00:05:09.920 uninsured deposits.
00:05:11.980 Let me repeat that.
00:05:13.180 There's $169 billion of uninsured deposits.
00:05:17.880 These are all the companies, the startups.
00:05:21.120 By the way, just also the hedge funds and the venture capital guys.
00:05:25.120 And the insured only up to $250.
00:05:26.760 This is an absolute catastrophe.
00:05:29.420 They're going to come looking for a bailout.
00:05:31.100 But the CCP's hands are all over this.
00:05:33.900 And, of course, Elon Musk out last night trying to defend himself after I called him out
00:05:39.980 because he's a wholly owned subsidiary of the Chinese Communist Party.
00:05:44.380 And everybody knows this.
00:05:45.420 Everybody in the intel business knows this.
00:05:46.900 Everybody knows that Elon Musk is 100% owned by his paymasters in Beijing.
00:05:53.080 And we're going to get into that and much more about what's happening with this collapse of big tech,
00:05:59.720 the economic policies that drove it, what's going to happen, how it's going to impact you.
00:06:03.700 First, I want to bring in Colonel Derek Harvey.
00:06:05.340 Colonel Harvey, I should say the revered Colonel Derek Harvey, was chief of staff over for Devin Nunez.
00:06:12.860 Cash Patel was the general counsel, and then Derek Harvey was over there with Devin Nunez.
00:06:19.560 He also worked in the White House directly for President Trump and the National Security Council.
00:06:24.060 He's one of the smartest guys that we have.
00:06:28.300 I want to thank him for coming in here Saturday morning, disrupting his plans and obviously his family.
00:06:33.380 Colonel Harvey, just a question for you.
00:06:35.900 Is there any doubt in your mind, given that you've dedicated your life to the national security of your beloved country, the United States of America?
00:06:44.560 Is there any doubt in your mind that the Chinese Communist Party is at war with the United States and her citizens, sir?
00:06:54.780 There is no doubt in my mind that China's goal is to dominate the world.
00:07:00.880 And to do that, they have to displace the United States.
00:07:06.220 That's it.
00:07:06.860 Period.
00:07:07.540 And they're going to do that because they're putting all their effort into an across-the-board approach, economically, militarily, scientifically, in the information realm and diplomatically, in ways that the United States is just not competing in the last 20 years.
00:07:24.280 And we continue to finance it, too.
00:07:27.140 And that's the problem.
00:07:28.360 Okay.
00:07:29.140 And that's where we're at.
00:07:30.880 Steve, unfortunately.
00:07:33.980 The magnificent magnum opus of the two Chinese colonel, one which is a major general today, written in the mid-'90s about the technology of the Gulf War, but really their battle plan, their blueprint called unrestricted warfare, which essentially says if you have to fight the foreign devils kinetically, we've kind of lost.
00:07:55.280 We don't need to do that because there's other ways we do this.
00:07:58.620 One of the big ways is technology and capital.
00:08:00.880 Given your understanding of intelligence, of strategy, of spending your career doing this, is there any doubt in your mind that the Chinese Communist Party has totally not just infiltrated Silicon Valley, right, in the venture capital funds, right, in all these businesses, but are really an active partner, an active partner, not even a junior partner, an active co-partner with much of Silicon Valley and the financial infrastructure in Silicon Valley, sir?
00:08:29.140 I think that's correct.
00:08:33.140 That's correct.
00:08:33.780 They have really worked really hard over the last number of years, 20 years or so, to not only invest in all the startups, but to leverage their financial clout on one hand and invest in the technology areas of the United States, but also to co-opt the venture capitalists and Wall Street to underwrite their efforts in research and R&D
00:09:03.780 a whole range of the world, a whole range of tech areas, to enable their efforts to militarily and economically secure the leadership role in the world.
00:09:10.780 And we've got our big tech folks, everybody from Bloomberg and others working with them, Ken Griffin, Tesla, with Elon Musk, GM, all of them are working to do that.
00:09:27.360 And it's just undermining our efforts across the board.
00:09:31.740 They are investing in the United States to gain access to technology and our secrets.
00:09:38.200 It provides a great platform for them.
00:09:40.700 And they are allowing sweetheart deals for U.S. financiers and business interests, Boeing, GM, et cetera.
00:09:50.820 But every time they engage with us, they use their laws and their control to gain access to more and more of our technology and our secrets.
00:09:59.600 You cannot enter into the Chinese market without giving up your technology.
00:10:04.180 No matter how hard each company tries to protect it, they eventually give it up.
00:10:12.560 Ray Dahlia, Steve Schwartzman, Larry Fink, Ken Griffin, three of the oligarchs, four of the oligarchs on Wall Street, four of the biggest, are up to their necks in investments in China and with the CCP and cross-border.
00:10:27.860 Also, Elon Musk and Tesla is a wholly owned – let me repeat this, make sure Elon Musk understands quite straightforwardly what we know about him.
00:10:37.680 He is a wholly owned subsidiary of the gangsters in Beijing and everybody in the intelligence business, everybody in the national security business, everybody in the financial business understands this.
00:10:50.460 Also, Sequoia Capital.
00:10:51.740 Is Sequoia Capital just essentially a front for the Chinese – one of the most powerful, if not the most powerful venture capital firm on Sand Hill Road in Palo Alto?
00:11:05.000 Are they not essentially a front for Chinese Communist Party involvement into Silicon Valley, sir?
00:11:12.900 Absolutely correct.
00:11:13.740 We investigated Sequoia Capital at the U.S. – at the House Intelligence Committee, and we determined that it was our number one priority because of the way the Chinese government and Chinese interests – with Neil Shen working as a leadership partner of Sequoia Capital America.
00:11:36.880 That partnership there between the Chinese government, Sequoia Capital China and Sequoia Capital United States was critical to China infiltrating across the board in the tech sector in Silicon Valley and then to draw in through Sequoia Capital Wall Street, big banks, other venture capitalists, and sweetheart deals to fund the efforts in China.
00:12:03.640 And Chinese efforts to build their technology, to build their military, would not have succeeded as much as it has without the collaboration of American venture capitalists like Sequoia and Wall Street financiers, basically selling out America for short-term gains.
00:12:21.900 Colonel Harvey, given the Chinese education system and just the way it's really about rote, the magnificence of the innovation and technology – cutting-edge technology that the United States of America is able to produce.
00:12:40.580 Is there any chance that China could compete with us on a commercial basis, on a business basis, on a military basis unless they were deeply involved financially into Silicon Valley and essentially stealing our technology that the American pension funds and American finance, venture capital, American-backed private equity and the American citizens are actually paying for?
00:13:06.800 Is there any chance that they could compete with us at any level unless they literally came in and stole that technology, sir?
00:13:14.780 There's no chance that they could have gotten to where they are today.
00:13:19.680 And going forward, they still depend upon access to our cutting-edge technology, our R&D, be it in universities or in Silicon Valley with our major tech companies.
00:13:32.280 That's the critical element to them, and the minimum estimates for what they've been stealing in our intellectual property each year is about $300 billion or more.
00:13:41.020 Some estimates as high as $400 or $500 billion.
00:13:44.160 Now, that's quite a range.
00:13:46.140 They would not have their stealth fighter, their newest stealth fighter that challenges America.
00:13:52.940 They wouldn't have their aircraft carrier capabilities that they have without having access to installing the technology from the United States.
00:13:59.840 In fact, our own government has subsidized research in China to include the Wuhan's laboratory center.
00:14:10.040 Colonel Harvey, just hang on for one second.
00:14:12.120 I really appreciate you taking time away from the family on a Saturday.
00:14:15.720 We're doing this at the last second.
00:14:16.900 We're going to take a short break.
00:14:18.300 Colonel Derek Harvey is going to join us.
00:14:20.000 Also, Natalie Winters.
00:14:21.420 Natalie, we're going to get down to the bottom of what the U.S. government has been funding in partnership.
00:14:26.640 Elon Musk, let me repeat this, brother.
00:14:28.540 You are a wholly owned subsidiary and a running dog of the Chinese Communist Party.
00:14:34.760 On the 100th anniversary of this murderous dictatorship, you put out a tweet and praised them.
00:14:40.160 It's worse than praising the Nazis.
00:14:42.940 They're the most murderous dictatorship in the history of mankind.
00:14:47.540 You are a wholly owned subsidiary, and everybody knows it.
00:14:52.180 Next in the War Room.
00:14:53.220 We rejoice when there's no more.
00:14:56.520 Let's take down the CCP.
00:14:58.760 Here's your host, Stephen K.
00:15:00.800 Band.
00:15:04.840 Welcome back.
00:15:07.640 You're seeing the collapse.
00:15:10.220 This is what Silicon Valley Bank represents, and also this deal that was cut on Friday in Beijing, right?
00:15:16.080 By our mortal enemies, the Chinese Communist Party, with the Mullahs and the Ayatollahs in Persia and Tehran, and, quote-unquote, our allies, quote-unquote, in Saudi Arabia.
00:15:26.080 These are long-term output deals for their oil and gases.
00:15:29.020 Now we're going to net carbon zero.
00:15:30.500 We don't need it.
00:15:31.160 They're cutting long-term deals, and they're going to use the Chinese currency.
00:15:37.160 They're not going to convert it into dollars.
00:15:38.800 They're trying to destroy the U.S. dollars, the prime reserve currency, and in doing that, destroy the United States of America financially.
00:15:45.260 Also, you've seen the geopolitics of getting sucked into the war in Ukraine as they prepare for a kinetic conflict in the South China Sea, the Straits of Taiwan, in an air and naval blockade, and maybe even an amphibious landing and takeover of Taiwan.
00:16:03.040 So we're at war.
00:16:03.900 They're at war with us and been at war with us for many, many years.
00:16:06.280 Josh Rogan's book, Chaos Under Heaven, which is still the best book, he does the reported column in The Washington Post, still the best book ever done about President Trump and Xi and their fights, said that I was not part of the hardliner group.
00:16:22.940 I was not part of the realist group.
00:16:25.120 I was not part, obviously, of the accommodationist Wall Street group, that I headed up a group that was unique in American political history, particularly inside the government.
00:16:33.780 It was called the Superhawks, because we questioned the legitimacy of the Chinese Communist Party to even be the government of the Chinese people, going back to 1949 and all the way through.
00:16:45.380 They are simply the most murderous dictatorship in the history of the world, and the murderous dictatorship has all been on Lao Bajing, all been on the Chinese people.
00:16:54.940 And now, because we're in the beginning stages of the kinetic part of the Third World War, and you're seeing the collapse of the neoliberal financial system all around you, it is time now to call out the traitors and to call out the people that are collaborationists, because we're not going to win this war until we start looking at reality.
00:17:17.680 Colonel Harvey, Colonel Harvey, we just asked about the technology.
00:17:24.740 I just want to make sure.
00:17:25.980 There is no chance they could be anywhere on a business basis, a commercial basis, a military basis, any basis whatsoever, and it's not stealing the technology.
00:17:37.600 We essentially give them the technology.
00:17:40.380 The range is $300 billion to $600 billion per year.
00:17:43.420 And many of the companies we're going to get to in a second absolutely do that.
00:17:47.520 But I want to focus on Musk.
00:17:49.900 And let me ask you about Sequoia for a second.
00:17:52.960 These investigations at House Intelligence and other committees that look at Sequoia Capital understand they're just a front for the Chinese Communist Party and other aspects of this, of the CCP's financing and deep into Silicon Valley in our industrial base,
00:18:11.600 and military industrial base, these investigations are really thwarted, most of the time, by establishment Republicans or neocon Republicans that don't want to go there.
00:18:24.240 Am I incorrect on that, sir?
00:18:27.560 I think you're absolutely correct.
00:18:30.160 Someone like Mike Turner, the current head of the House Intelligence Committee, shut down the China investigations that Devin Nunes had undertaken to include the investigation on Sequoia Capital but also other Wall Street firms.
00:18:44.380 And also, as we began to branch out to understand how the Securities and Exchange Commission and other arms of our government were not actually doing their job to pursue what we thought to be criminal activities in the marketplace.
00:19:01.100 So that's part of it.
00:19:02.540 And then you look at the leadership of McConnell and others.
00:19:07.500 Every step of the way, they have blocked initiatives on the Senate side and on the House side, whether it's Representative McCaul on foreign affairs.
00:19:18.620 We have been blocked every step of the way to really get after the core issues.
00:19:23.000 They're fine with putting out, you know, developing a shiny, you know, object for us to look at, sound bites, media clips, you know, those things are where they're willing to go.
00:19:35.820 But when it comes to really getting after the issues with hard investigations, with the subpoenas and the many depositions that you need to get at the truth, they're not willing to go there.
00:19:53.000 And by the way, we pray that Mike Gallagher, the Marine, has the toughness and the fortitude to do this.
00:19:59.900 I believe in this young man a lot.
00:20:02.080 I just hope it's not some, you know, geopolitical analysis that gets to it.
00:20:07.340 But let me ask you, because I've been criticized since Elon Musk and I got into it last night.
00:20:11.640 I've been criticized by some, you know, on our side of the football, saying, Steve, leave him alone.
00:20:16.600 This is not that important because we have the Twitter files.
00:20:19.160 Is it your belief right now that the Twitter files is anything?
00:20:24.800 Because he bought a crime scene.
00:20:26.700 He bought a crime scene.
00:20:28.180 Is it your belief as we stand today, and even given Matt Tabian, some of these heroes are coming forward, that the Twitter files have really amounted to that much or kind of, as Lisa stands right now, with the information he's let bleed out, is essentially the classic shiny toy diversion from the heart of the matter, sir?
00:20:48.660 Yeah.
00:20:49.160 Well, it's great that we've got there because it gives us a roadmap to where we need to go.
00:20:55.220 But the Webinization Committee under Jim Jordan needs to take those issues that are developed there and follow the trail into the FBI, follow the trail into DOJ, into DHS, into the Director of National Intelligence Office, CIA, and others that were trying to shape and censor, okay, real information.
00:21:17.900 And violate the weaponization.
00:21:21.600 And unfortunately, the Webinization Committee is not staffed.
00:21:26.460 They've not brought in 30, 40, 50 people.
00:21:30.160 They have not even brought in five people to lead the investigations there.
00:21:34.160 And until we get after it with serious work with the depositions and the subpoenas and then going after accountability with criminal referrals, we're not going to get work to where we need to go because we need to follow these leads into each of these agencies and to hold individuals and the institutions themselves accountable.
00:21:56.260 And that hard work, I'm afraid, is not being resourced, staffed, or well-led at this point.
00:22:01.340 The two financiers of the Twitter acquisition, and I know this because representatives of Elon Musk reached out to me to see if I knew any hedge fund guys or high-net-worth individuals that would be interested in participating in the financing, of which I said, not interested.
00:22:20.540 Don't send an NDA, not interested.
00:22:22.220 The deal is a terrible deal, and nobody I would know would go in, and particularly the fact it's a terrible deal, and only the CCP will finance it.
00:22:30.480 The CCP out of the Tesla joint venture, right, with his stock and his margin call, his margin loans and all that is the way he's able to do that.
00:22:38.100 And his second partner is, wait for it, Sequoia Capital, a front for the Chinese Communist Party.
00:22:44.400 Is Elon Musk, Tesla, and other companies – Elon Musk is the worst because he's a wholly-owned subsidiary of the CCP.
00:22:53.340 But he's not alone in actually being an American corporation whose shareholders are principally American pension funds and the retirees, the MAGA, right,
00:23:02.940 that has basically kowtowed to Beijing and let them have access.
00:23:08.000 Elon Musk has let the CCP have all access to everything that every taxpayer, every underwritten, and the subsidies he had in the Obama administration.
00:23:16.960 All of that has been transferred to the Chinese Communist Party.
00:23:19.780 In addition, people shouldn't miss the fact there's no Twitter in China for Lao Baizheng.
00:23:25.260 His paymasters in Beijing will not allow him to launch Twitter as a free speech platform.
00:23:32.940 For Lao Baizheng, the Chinese people.
00:23:36.280 Am I correct in saying that he's a wholly-owned subsidiary?
00:23:38.800 But there are other major American corporations that have essentially given the Chinese Communist Party all of their core technology, sir?
00:23:49.740 Well, I don't think Elon Musk wants to be a wholly-owned entity by the Chinese.
00:23:55.840 But that, unfortunately, is where he's at because they control his system, the production base, the technology, and they also financially control him through the financial machinations that have gone through to finance some of his other activities.
00:24:15.500 But when we looked at it, if you look at Hollywood or others in the United States, China has bought into Smith's Field Foods, and they wholly own Smith's Field Foods and about 28 subsidiaries of Smith's Field Foods.
00:24:29.300 The only person who's an American there is the front for them, you know, the president and the operating officer.
00:24:37.120 But if you look into China, General Motors...
00:24:38.960 But also, hold on, but also General Motors, Boeing, all the big Ford Motor, all of them.
00:24:44.620 The who's who of American industry, sir.
00:24:46.460 Is that not correct?
00:24:48.520 That's where I was going to go.
00:24:50.060 General Motors, their worldwide profits depend upon their production and their sales in China.
00:24:57.620 They do not make money across the rest of the world.
00:24:59.820 They depend upon the Chinese market, and the partnership with other Chinese companies and the Chinese state government.
00:25:07.360 Same thing with Ford Motor Company.
00:25:09.860 Same thing with Apple.
00:25:11.400 Same thing with Boeing.
00:25:13.100 You know, these companies, you know, across the board are dependent upon China, and China has increasingly developed the leverage that they have sought over these companies.
00:25:22.680 And when they get in there, the agreements that they have and the partnerships that they have and the board, the Chinese force Chinese people onto the boards and force these companies to share their technology.
00:25:37.060 And there's no reciprocity here.
00:25:40.420 We don't do anything like this to control the flow of our tech.
00:25:45.240 CFIUS is weak.
00:25:46.600 It needs to be enhanced, and that's what controls our flow of technology over to China and other places.
00:25:51.820 But we also need to control the flow of the financial elements that are going over there to underwrite all of these entities.
00:26:00.900 We are losing across the board, Steve, and our government has been sitting on their hands.
00:26:09.040 100%.
00:26:09.440 And the running dogs like Elon Musk that work for the CCP have been a big part of this.
00:26:13.980 Colonel Harvey, what's your social media?
00:26:16.440 How do people follow you?
00:26:18.000 I want to thank you for doing this.
00:26:19.060 How do people follow you?
00:26:19.880 I want to make sure everybody gets access to Colonel Derek Harvey.
00:26:23.780 On true social, it's at Derek Harvey.
00:26:27.000 It's pretty simple.
00:26:28.280 And then I'm at DerekHarvey.org.
00:26:33.040 DerekHarvey.org.
00:26:34.000 Let's get that in all the chat rooms.
00:26:35.820 Colonel Harvey, thank you for taking time away from the family to do this.
00:26:38.800 They're not talking about bailing out East Palestine, Ohio, but they're talking about bailing out your bettors in Silicon Valley with your money.
00:26:50.920 All next in the war room.
00:26:51.960 Pull out of Syria.
00:26:57.640 I don't see that coalition coming together.
00:27:00.940 I don't see Will Kahana, as much as he talks about economic patriotism, putting that coalition together to have a bailout of East Palestine, Ohio.
00:27:09.080 See, you guys are going to replay 2008 and 2009 where, Louie Garment, you had a decision.
00:27:15.980 Do we step in and have intervention and try to save this corrupt system by infusing it with taxpayer cash to bail out the elites?
00:27:24.260 Or do we let the contagion spread and let the devil catch the hindmost?
00:27:28.480 And the problem is when you're looking into the abyss, it's a very tough call for you guys to make because they're going to sit there and go, right now we're looking into an open pit.
00:27:35.820 You have no idea how deep this could go, how the American financial system could collapse, how the international financial system could collapse.
00:27:42.900 So you better vote to bail it out with taxpayer cash.
00:27:46.280 You're going to take it from people making $45,000 a year to bail out the wealthiest people on earth, and they're going to put a gun to your head.
00:27:52.840 And they're going to say, okay, if you vote no and let capitalism take its path, this contagion will spread.
00:28:01.340 They're already talking about it.
00:28:01.920 Is it a contagion or chemotherapy?
00:28:04.240 That's what I'm trying to figure out.
00:28:05.160 Well, that's what you're saying.
00:28:07.160 We're going to get the clips up from Tim Pool.
00:28:10.700 Thanks, guys.
00:28:11.680 Bill Ackman, you know, the big hedge fund guy who hates MAGA, hates your guts.
00:28:17.420 These people all hate you.
00:28:18.980 Remember that.
00:28:19.720 Quote, just put out a tweet.
00:28:20.920 The government has about 48 hours to fix a soon-to-be irreversible mistake by allowing Silicon Valley Bank to fail without protecting all depositors.
00:28:31.640 That's $169 billion of uninsured depositors, folks.
00:28:37.140 The world has woken up to what an uninsured deposit is, an unsecured illiquid claim on a failed bank, et cetera, et cetera, et cetera.
00:28:44.740 Absent this.
00:28:45.440 Monday, they won't be able to pay.
00:28:47.000 Giant sucking sound you see will be this.
00:28:49.180 Ba-bing, ba-bang, ba-bung.
00:28:51.040 What they want to do is use your money deplorables to bail out.
00:28:55.420 Look at the Daily Mail.
00:28:56.440 I got this thing up.
00:28:56.940 They're standing in line waiting to get their money back.
00:29:00.000 The elites and the people there that all hate you, all mock you, right?
00:29:05.340 They're all in business with the CCP, but they mock the hinterland of this nation.
00:29:09.880 Again, no bailout in East Palestine, Ohio, but Bill Ackman, Andrew Yang, they're all sitting there.
00:29:15.720 If you don't do this, innovation is going to be destroyed for 10 years.
00:29:19.200 You have to come and bail them out.
00:29:21.600 Your money.
00:29:22.560 You protect them on the downside, and they take all the upside.
00:29:25.980 Are you part of these tech funds?
00:29:28.680 Are you part of these venture capital funds?
00:29:30.320 Do you have the upside?
00:29:31.240 This is Elon Musk.
00:29:32.140 Elon Musk would come to the White House to beg me to get in to see Trump, and we would always say no, beg me to have all these subsidies for all of his – it's like the old Clinton Gore.
00:29:43.720 It's like Obama Gore stuff.
00:29:45.580 All the venture capital is being bailed out by taxes, and I said it's not going to happen.
00:29:50.200 I said you've got the venture capital.
00:29:51.920 It's just about money.
00:29:53.620 Have him put money in.
00:29:55.080 They've got plenty of cash.
00:29:56.040 Put the cash in.
00:29:56.660 What he doesn't want is dilution of his ownership.
00:30:01.060 You basically – the subsidies protect their downside, and they keep unlimited upside.
00:30:06.800 This is what's called the socialization of risk, and you're the sucker because the government continues to do this, and they're all in business.
00:30:14.480 When they leave government, they all go to work on the boards.
00:30:16.620 They all go to work as advisors.
00:30:18.320 It's a corrupt, corrupt crony capitalism.
00:30:21.060 I mean, Elon Musk – and by the way, when we cut him off, he went begging the CCP, and that's why they have the joint venture in Shanghai, the Tesla, which is 100% of his value, right?
00:30:33.980 This guy lives on government contracts and taxpayer subsidies, okay?
00:30:38.180 It's all – and we're going to get Joe Allen in here for a second.
00:30:40.880 Elon Musk, once again, brother, I'm smart enough to tell you no to your face,
00:30:46.480 and I'm evil enough to be able to expose you as a running dog for the greatest enemy this nation's ever had.
00:30:53.840 You're a war profiteer.
00:30:55.540 You're sleeping with the enemy, brother, and you've been doing it because all – you're not an American nationalist.
00:31:02.320 You're not even an American.
00:31:03.980 All you are is a globalist, okay, a globalist.
00:31:07.120 And you will go where everybody – anybody writes you a check, and you wouldn't – you would take it from Adolf Hitler himself because you're taking it from people that are as bad as Adolf Hitler.
00:31:17.440 The murderous regime of the Chinese Communist Party, which you praised on their 100th anniversary – let me bring in Natalie Winters.
00:31:24.240 Natalie, Elon Musk, he's been a fanboy of the CCP pretty intensely, has he not, ma'am?
00:31:30.280 Well, I think you're letting him off easy by calling him a subsidiary of the Chinese Communist Party because I think that gives him too much power.
00:31:38.200 I think a more apt comparison would be calling him a tributary state because that's exactly what you see from him.
00:31:45.060 You know, it seems like every month or so he comes out with a comment effectively praising the Chinese Communist Party.
00:31:50.480 Remember, he also really made waves when he said China rocks, and then he went on to disparage the United States and American workers, saying we were entitled and lazy.
00:32:00.840 There's also have been a lot of reports about how he met with very high-level Chinese Communist Party diplomats, and he told them that he loved China and wanted to visit more, and they allegedly offered him citizenship, a green card, and he thought that that was a great idea.
00:32:16.140 So this is someone who is not just deeply embedded in business with the Chinese Communist Party, but someone who makes it, I think, very clear publicly that he supports the regime.
00:32:27.120 And it's no surprise because the regime, the Chinese Communist Party, has time and time and time again really given him special treatment.
00:32:35.340 Obviously, Western companies have these sweetheart deals with the Chinese Communist Party to get access to the country.
00:32:40.680 But I think Tesla and Elon Musk really represent a whole other level, and I don't just mean that because he received over $1.5 billion in funds from Chinese state-owned banks to help build that factory in Shanghai.
00:32:55.920 But it was one of only a few hundred companies that was actually given authority by the Chinese Communist Party to reopen during the shutdowns that they implemented pretty draconianly throughout COVID-19.
00:33:09.200 And again, you know, Tencent, which is a very important company that people should know about, it's not only been flagged by various United States federal government agencies, it's really operating as a tool of the Chinese Communist Party, but it really represents how China seeks to use technology to really expand their global hegemony, really to replace the United States in terms of the global world order.
00:33:34.540 And Tencent has put, I believe it's $1.8 billion into Tesla in terms of stock.
00:33:42.940 And again, it just goes to, I think, my primary point, which is that not only do the business ties that Elon Musk retains with the Chinese Communist Party really nullify his ability to act in any form of opposition to what the Chinese Communist Party wants,
00:33:59.760 but it really goes a step beyond that because there really is a close relationship there that he publicly praises this country and he knows that the future of his business, Tesla, really lies in China.
00:34:11.340 They make up about a quarter of the company's sales now, but China being the largest electric vehicle market in the world, he's not just going to bite the hand that feeds them,
00:34:20.940 but I really think he knows better than to bite the hand that controls him too.
00:34:25.220 So, Natalie, you've done more than any investigative reporter across the board, the great work you did with Rahim and National Pulse and now at War Room.
00:34:36.020 Isn't this the emblematic of what our problem is in that you have a regime in Beijing that has made it its number one priority to take down the United States of America and her citizens and subjugate them?
00:34:47.840 And you have at every level, right, our elites that are in business with them, affiliated with them, helping them promote their program and Elon Musk being one of the worst, if not the worst.
00:35:01.440 But isn't it – what he's done is difference in degree because it's so intense and, like you said, even to the fact of, hey, give me a green card.
00:35:10.660 You know, I'd love to be a citizen.
00:35:12.720 But across the board was the tech elite.
00:35:16.280 We've seen this in Silicon Valley Bank, which, you know, I said probably a third of the companies somehow have relationships or either owned by really the Chinese Communist Party.
00:35:23.840 He said, hey, I think it's 50 percent.
00:35:25.080 Isn't this emblematic of a deeper cancer that we have in this country that's metastasizing, ma'am?
00:35:31.760 Of course.
00:35:32.420 And the Chinese Communist Party is a very, very strategic investor, and they expect, obviously, a very high form of ROI on their investments.
00:35:40.260 But I think where it really gets interesting and really, I think, dangerous in terms of threatening America's national security is what exactly does return on investment look like to the Chinese Communist Party?
00:35:51.540 Because you're not just talking about monetary interests there.
00:35:55.160 People have to understand that the Chinese Communist Party is and has been at war with the United States for decades.
00:36:01.300 And the way that they go about doing this is not through boots-on-the-ground kinetic warfare.
00:36:05.740 It's economic warfare.
00:36:07.020 It's legal warfare.
00:36:08.080 It's psychological warfare.
00:36:09.300 It's media warfare.
00:36:10.520 These aren't conspiracy theories.
00:36:11.880 These are aspects and tactics of modern, you know, really 21st-century warfare that are enshrined within the code of the People's Liberation Army.
00:36:20.860 And one of the primary ways that they go about doing this is, of course, economic warfare and really the idea of infiltration as opposed to invasion.
00:36:29.140 And when they can have people like Elon Musk, right, the figureheads of these companies, really acting as sort of proxies of their interests, like I said, tributary states paying tribute to them,
00:36:39.580 it's a very, very, very, very high ROI in a way that not only advances their financial interests, but really allows them to broaden their control over the United States politically, but really through certain vessels, right?
00:36:54.720 Think of Elon Musk sort of as a Hunter Biden-type figure in the sense that the Chinese Communist Party has really selected him as sort of one of their golden children and plowed a ton, a ton, a ton of money into him.
00:37:08.580 And like I said, they expect a very, very, very high ROI.
00:37:12.620 The Chinese Communist Party is not a fool when it comes to who they identify.
00:37:16.340 And on that, you know, you talk about Sequoia Capital, right?
00:37:20.540 They put in about $800 million to back his purchase of Twitter.
00:37:26.700 And Sequoia Capital is one of these companies that gets thrown around a lot and rightly so branded as sort of a proxy of the Chinese Communist Party.
00:37:35.080 But this is a company who, among their investments, is, you know, the parent company of TikTok, ByteDance.
00:37:41.620 They have DJI, which is a sanctioned drone maker because it collaborates with China's military.
00:37:47.220 They also have Alibaba and Ant Financial, which are really the backbone of a lot of China's social credit score system.
00:37:55.020 And, of course, the genomics firm BGI, which used COVID tests here.
00:37:59.240 They tried to deploy it in the United States to gather genetic information on Americans.
00:38:03.620 And that's who comprises the investments of Sequoia Capital.
00:38:07.560 And it's no surprise because the figurehead of that company is an individual by the name of Neil Shen,
00:38:12.920 who not only is obviously deeply tied to the Chinese Communist Party,
00:38:17.280 but this is someone who used to serve on the Chinese People's Political Consultative Conference.
00:38:21.820 And I know that's a mouthful, but this is the oversight body of what's called the United Front Work Department,
00:38:26.960 whose sole purpose is to basically identify Westerners and Western elites to compromise
00:38:32.520 and to have pushed the policy lines and the agenda of the Chinese Communist Party.
00:38:37.460 So when you give it the fact that his company gave Elon Musk $800 million to purchase Twitter,
00:38:42.660 and you see the way that Elon Musk acts and refuses to let on actual harsh critics of the Chinese Communist Party
00:38:48.560 back onto the platform,
00:38:50.260 I would love to know how the Chinese Communist Party could have Elon Musk act in any more of a favorable way towards them,
00:38:57.780 because essentially everything that he's doing is helping to prop them up.
00:39:02.100 And I would say the latest example of that is him attacking you as evil and smart,
00:39:06.360 because you know what, Steve?
00:39:07.380 He is right.
00:39:08.200 You are an evil person if the person that you're talking about is the Chinese Communist Party,
00:39:12.820 because you've done more than most to take them down.
00:39:14.920 And I disagree.
00:39:16.340 I personally don't think you're evil.
00:39:18.060 But, I mean, what he said is essentially coming out of the mouth of the Chinese Communist Party.
00:39:24.100 A hundred percent, no doubt.
00:39:26.040 Natalie, and it's your incredible work that you did with Rahim over National Pulse in the day
00:39:30.760 is really the tip of the spear.
00:39:32.080 How do people get to you on social media?
00:39:34.060 Because I know this is going to blow up.
00:39:35.460 Because Natalie Winters, right there, and I think she took six minutes,
00:39:38.880 she just shredded, she just shredded Elon Musk, okay, the golden child of the CCP.
00:39:45.960 How do people get to you, Natalie?
00:39:48.360 I am Natalie G. Winters on Getter, Instagram.
00:39:51.840 You can find me on Facebook.
00:39:53.220 And I guess as of now, I'm still on Twitter at Natalie G. Winters.
00:39:56.980 We'll see after I will show.
00:40:01.780 Natalie, thank you very much.
00:40:03.040 Thank you for changing around Saturday to join us.
00:40:04.780 Appreciate it.
00:40:05.260 We know more about Elon Musk and his involvement with the CCP than he knows himself.
00:40:13.460 There's been many investigations of Elon Musk because he is a national security threat to this nation, okay?
00:40:19.340 He is sold out.
00:40:20.940 He's not an American, but he sold out the American people, okay?
00:40:24.260 I don't care if he's got a green card or he's got a passport.
00:40:27.380 He's not an American, okay?
00:40:28.880 He sold out this nation to the worst dictatorship in human history.
00:40:34.700 And he sold out the Chinese people.
00:40:36.680 Elon, ask your paymaster today, when are you going to launch Twitter in China?
00:40:40.820 When are you going to launch Twitter in China?
00:40:42.120 When are you going to make it your free speech absolutist?
00:40:44.680 Did the Chinese people, because they're Chinese or Asian, don't matter?
00:40:49.340 When are you going to launch it, brother?
00:40:50.920 Short commercial break.
00:40:51.860 Joe Allen's going to be in next in the war room.
00:40:54.160 I really believe that you are helping deliver that exciting future for X and for others.
00:41:05.580 I mean, I'm trying my hardest to do so.
00:41:07.640 I love humanity, and I think that we should fight for a good future for humanity, and I think we should be optimistic about the future and fight to make that optimistic future happen.
00:41:17.500 I'm very confident about Tesla's future in China.
00:41:23.020 The Chinese economy, I think, is going to do extremely well over the next decade and will become the biggest economy in the world.
00:41:29.420 And it's also committed to a sustainable energy future, and Tesla is doing both of those things.
00:41:36.580 China, I think, long-term will be our biggest market, both where we make the most number of vehicles and where we have the most number of customers.
00:41:43.640 Do you think there will be, basically, like, say, 2050 or whatever, like a robot in most homes is what there will be, and people will love them and count on them?
00:41:54.360 Yeah, you'll have your sort of buddy robot, probably, yeah.
00:41:58.580 I mean, how much of a buddy?
00:42:00.560 How many applications do you thought is there?
00:42:02.920 You know, can you have a romantic partner, a sex partner?
00:42:04.840 I mean, it's probably inevitable.
00:42:07.120 It could be a pretty rapid replacement of certain types of jobs.
00:42:11.700 How worried should the world be about that?
00:42:14.480 I wouldn't worry about the sort of putting people out of a job thing.
00:42:17.680 AI will make jobs kind of pointless.
00:42:21.020 Probably the last job that will remain will be writing AI software, and then eventually the AI will just write its own software.
00:42:29.300 That's why I think, long-term, that there will need to be a universal basic income.
00:42:33.060 Yeah.
00:42:33.540 The obsession with truth is why I studied physics, because physics attempts to understand the truth of the universe.
00:42:45.540 And you see where things are going with virtual reality, and augmented reality, and if you extrapolate that out into the future, with any rate of progress at all, then eventually those games will be indistinguishable from reality.
00:43:01.880 They'll be so realistic, you will not be able to tell the difference between that game and the reality as we know it.
00:43:07.340 Well, how do we know that that didn't happen in the past, and that we're not in one of those games ourselves?
00:43:13.380 Welcome back to maybe the not-so-smart-but-pure-evil of Stephen King, according to Elon Musk.
00:43:22.060 Elon, just understand something, brother.
00:43:24.000 We know more about your financial situation than you actually know yourself and how you are owned.
00:43:30.080 And I think Natalie says it best.
00:43:31.520 You're a tributary state, worse than a holy-owned subsidiary.
00:43:34.700 But on transhumanism, you've been waiting for this fight for quite a while, have you not, Joe Allen?
00:43:39.600 And he took the bait of how—talk to me about him as a transhumanist.
00:43:45.060 Yeah, Steve.
00:43:46.040 I mean, it's been almost two years now that we've tried to drill into people's heads that the transhumanist ideology that Elon Musk is running on is over and above any of the sort of cultural elements and over and above any of the sort of political allegiances that he's forming.
00:44:04.140 Breitbart famously said that politics are downstream of culture.
00:44:07.860 I would say that culture is downstream of worldviews.
00:44:11.800 Culture is downstream of religion.
00:44:14.540 Elon Musk is an avowed atheist.
00:44:17.400 And although he has never used the word transhumanist, much like Yuval Noah Harari, he undoubtedly is the transhumanist that Yuval Noah Harari describes.
00:44:27.620 You know, there's been a lot of talk about AI.
00:44:30.920 There's been a lot of talk about how, on the right and the left, how you have to adopt AI in order to compete going forward.
00:44:37.560 Whether it's a chatbot or whether it's financial analysis or whether it's art generation or whether it's for warfare, the idea is that human beings have to have AI to compete.
00:44:47.980 And Elon Musk, being someone who is very familiar with evolutionary theory, in fact, that seems to be one of his motivating principles, about two weeks ago tweeted, AI plus human versus AI plus human is the next phase.
00:45:05.440 But the human part will decrease in relevance over time, except perhaps as will, like our limbic system is to our cortex.
00:45:15.240 And what he means by that is that the next phase of human evolution will be cyborgs, the sort of cyborgs that he would like to see created using devices like Neuralink, and that no human being will be relevant in that milieu, in that environment, unless they are linked to AI.
00:45:34.200 It will just be cyborg versus cyborg in the future.
00:45:37.900 And maybe most importantly there, he talks about how human beings will be less relevant going forward, just as our limbic system or our mammalian brain is less relevant in comparison to our cortex.
00:45:51.600 Like when you look at a dog as compared to a human, and we will be, in essence, in his worldview, dogs as compared to the cyborgs.
00:46:00.320 That is the worldview driving him to create the culture that he's had an enormous impact on, right?
00:46:07.180 He's a culture king.
00:46:08.420 It can't be doubted.
00:46:09.760 And that culture then is bleeding over into politics.
00:46:12.740 And you see all these conservative ink guys, you know, bending over backwards to ingratiate themselves to him because they're going to get a few extra likes on Twitter, I guess.
00:46:24.100 For me, Steve, for him to call you smart and evil, he's a man obsessed with intelligence.
00:46:30.960 So he knows intelligence when he sees it.
00:46:32.940 But ultimately, in his worldview, that intelligence means nothing compared to artificial intelligence.
00:46:38.380 That will be the new God.
00:46:40.040 As far as evil goes, he may not be the nicest guy all the time, but you are honest, and he is not an honest man.
00:46:49.800 Make sure you remember he said, I used to think Bannon was smart and evil.
00:46:54.160 Now I just think he's evil.
00:46:55.360 So that's fine.
00:46:55.980 We're good on that.
00:46:56.680 We're all good.
00:46:57.560 He took the bait.
00:46:58.740 He made the fundamental problem that any, because he's like an 11-year-old boy.
00:47:02.760 He made the problem of an 11-year-old boy.
00:47:04.520 He took the bait.
00:47:05.340 Now that you took the bait, brother, you're going to have to stand up and deliver.
00:47:08.380 Because we're going to shred you every freaking day.
00:47:12.060 Because you have sold this country out to partner with the most evil dictatorship in world history.
00:47:18.280 Joe, how do people get to you?
00:47:19.460 What's your social media?
00:47:21.380 You can find me at J-O-E-B-O-T-X-Y-Z at Twitter and Gitter.
00:47:26.160 Twitter, as long as I'm there.
00:47:27.520 Elon.
00:47:28.580 Website, JoeBot.X-Y-Z.
00:47:30.460 And at WarRoom.org under the Transhumanism tab.
00:47:33.500 You know, as I've said before, Steve, if you take Elon Musk seriously, you are living in a simulation.
00:47:41.660 Thank you very much, Joe Allen.
00:47:44.280 Fantastic.
00:47:44.880 Okay, next hour, we're going to take a short commercial break.
00:47:46.860 90 seconds, we're going to come back.
00:47:48.420 We're going to get to what caused the collapse of SBB.
00:47:51.440 It's the massive federal spending, the Federal Reserve's kicking interest rates, all of it.
00:47:56.820 We're going to have Richard Stern from Heritage to talk about what Biden has in store with you.
00:48:00.900 This massive budget that's out of control is going to destroy the economy of the United States.
00:48:05.620 Also, Congressman Matt Rosendale from Montana is going to join us to talk about the Syria vote.
00:48:10.560 It's the collapse of the neoliberal, neocon world order.
00:48:13.980 It's all right in front of you.
00:48:15.300 And we're going to make sure that you fully understand it.
00:48:18.280 Short commercial break.
00:48:19.080 We'll be back.
00:48:19.580 Make sure, by the way, go to birchgold.com slash Bannon.
00:48:24.000 Make sure you go there and get your free The Debt Trap, the third in the series.
00:48:28.880 You've got to get this.
00:48:29.860 Also, MyPillow.com.
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00:48:40.900 The products of MyPillow.
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00:48:44.320 Stick around.
00:48:45.000 The second hour.
00:48:45.840 We're going to get Heritage here to talk about the collapse of the American economy through Biden's budget.
00:48:50.860 Next in the War Room.
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