Bannon's War Room - Episode 2598： The Merge Of UBS And Credit Suisse; The Fall Of Regional Banks

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

00:00:06.000 Pray for our enemies.

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

00:00:11.000 I got a free shot at all these networks lying about the people.

00:00:15.000 The people have had a belly full of it.

00:00:17.000 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. It's going to happen.

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

00:00:26.000 MAGA 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. Banff.

00:00:52.000 What you have now is you have two converging crises.

00:00:56.000 A crisis of capital markets and economics and a crisis of geopolitical and military.

00:01:01.000 And they're converging very rapidly and then they're going to conflate.

00:01:04.000 And once they conflate, they're going to spin out of control.

00:01:08.000 The storm is here.

00:01:10.000 One, two, one, two, three, four.

00:01:13.000 One, two, one, two, three, four.

00:01:17.000 One, three, four.

00:01:18.000 One, three, four.

00:01:20.000 One, three, four, five.

00:01:24.000 Love is a burning thing

00:01:32.340 And it makes a fiery ring

00:01:38.940 Bound by wild desire

00:01:46.120 I fell into a ring of fire

00:01:54.000 I fell into a burning ring of fire

00:02:00.140 I went down, down, down

00:02:03.680 And the pains, they went higher

00:02:06.640 And it burns, burns, burns

00:02:10.780 The ring of fire

00:02:13.280 The ring of fire

00:02:16.480 Yeah!

00:02:24.000 The taste of love is sweet

00:02:32.140 When I, I kindly

00:02:37.520 I fell for you

00:02:42.060 Like a child

00:02:45.420 Oh, but the fire went wild

00:02:51.260 I fell into a burning ring of fire

00:02:59.200 I went down, down, down

00:03:02.880 And the pains, they went higher

00:03:05.640 And it burns, burns, burns

00:03:09.640 The ring of fire

00:03:12.540 The ring of fire

00:03:15.780 Woo!

00:03:18.260 Down, down, down

00:03:20.920 Bound by desire

00:03:23.820 And it burns, burns, burns

00:03:27.700 The ring of fire

00:03:30.460 The ring of fire

00:03:33.640 The ring of fire

00:03:36.940 Yeah!

00:03:41.780 Hey!

00:03:44.500 Woo!

00:03:45.340 Okay, welcome

00:03:46.820 It's Monday, the 20th of March

00:03:48.420 Year of our Lord, 2023

00:03:49.620 We're kicking off an historic week

00:03:51.920 Globally

00:03:52.780 We're going to get you into all of it

00:03:53.800 That is a Canadian

00:03:55.620 Country Western band

00:03:57.660 One Ugly Cowboy

00:03:58.680 We're going to put their link up

00:04:00.480 Make sure you go check it out

00:04:01.760 Check out the music

00:04:02.460 Pretty amazing

00:04:03.980 Canadian Country Western

00:04:06.120 I've got to tell you

00:04:06.840 I cover

00:04:07.260 Johnny Cash's Ring of Fire

00:04:09.820 Nothing could be more appropriate

00:04:11.580 As we enter the first circle

00:04:13.240 Of Dante's Inferno

00:04:14.600 Right?

00:04:14.880 Remember the sign over that

00:04:16.180 The sign over is

00:04:17.000 Abandon hope

00:04:17.920 All ye who enter

00:04:19.020 We're not abandoning hope here

00:04:20.260 Because this audience

00:04:22.140 This activist audience

00:04:23.280 Not just here in the United States

00:04:24.560 But throughout the world

00:04:25.320 You are the creditors committee

00:04:27.440 For the full faith and credit

00:04:28.720 Of the United States government

00:04:30.100 And wherever you are in the world

00:04:31.760 You are the tip of the spear

00:04:33.540 In sorting this mess out

00:04:35.300 Today

00:04:36.680 On your shoulders

00:04:38.900 And we're going to get into this

00:04:39.800 In a lot of detail today

00:04:40.740 On your shoulders

00:04:41.520 You're bailing out

00:04:42.680 The world's financial system

00:04:44.380 For the elites

00:04:45.000 Just understand this

00:04:46.000 On your shoulders

00:04:46.840 In the United States dollar

00:04:48.060 It's all coming

00:04:49.420 Peter Navarro is going to join us

00:04:50.880 In the second hour

00:04:51.520 To go through that

00:04:52.160 Also historic meeting

00:04:53.500 In Moscow

00:04:54.120 As we've warned about

00:04:55.120 The illegitimate Biden regime

00:04:57.620 Has hammered together

00:04:58.660 An alliance

00:04:59.400 Between the Chinese Communist Party

00:05:01.440 And the KGB

00:05:02.140 Or FSB

00:05:03.000 Whatever they call them

00:05:03.700 The gangsters that run Moscow

00:05:05.760 That's today

00:05:06.480 That's the equivalent

00:05:07.280 Of the Molotov-Ribbentrop meeting

00:05:10.080 In 1939

00:05:10.920 Where they negotiated

00:05:11.920 A pact between the Nazis

00:05:13.220 And the Bolsheviks

00:05:14.740 That led to the

00:05:16.260 Really the kinetic part

00:05:17.760 Of World War II

00:05:19.720 So we're going to get into

00:05:21.000 In the early days

00:05:21.800 Of World War III here

00:05:22.940 And we don't want to

00:05:24.300 Pull any punches here

00:05:25.120 We're going to give it to you

00:05:26.060 As we say down south

00:05:27.240 With the bark on

00:05:28.340 Because we know

00:05:29.280 You can handle it

00:05:29.920 And you've got to get the truth

00:05:31.100 You have to have the information

00:05:32.180 Both your personal life

00:05:33.320 Your community's life

00:05:35.000 Your family's life

00:05:35.860 And your nation's life

00:05:37.140 The storm

00:05:37.680 There's no more

00:05:38.260 No longer a gathering storm

00:05:39.820 It's not any

00:05:40.480 Oh we can turn

00:05:41.220 No no no

00:05:41.860 We're in it now

00:05:42.520 The storm is here

00:05:43.600 We're in it

00:05:44.480 We are in it

00:05:45.420 You're in the opening days

00:05:47.100 Of World War III

00:05:49.400 The long

00:05:50.280 Unrestricted warfare

00:05:51.600 Of the Chinese Communist Party

00:05:52.800 And the absolute malfeasance

00:05:54.300 And incompetence

00:05:55.160 Of the global elites

00:05:56.680 Have gotten us here

00:05:57.580 And hey

00:05:58.840 If we're to get out of this

00:06:00.300 And I know

00:06:01.060 We're going to get out of it

00:06:02.160 It's not going to be quickly

00:06:03.660 But we're going to get out of it

00:06:04.760 It's because of this audience

00:06:06.020 MAGA

00:06:06.940 On top of all that

00:06:08.700 Of course

00:06:09.320 With lawfare

00:06:10.980 The source backed

00:06:12.180 I don't even know

00:06:13.940 What you call them

00:06:14.520 In New York City

00:06:15.100 Are trying to mess with

00:06:16.240 President Trump

00:06:16.860 We'll get into that

00:06:17.620 So we've got polling

00:06:18.700 We have polling

00:06:20.020 About the presidential campaign

00:06:21.180 We have polling

00:06:21.760 About the bank

00:06:23.380 The disaster bailouts

00:06:25.760 Even more importantly

00:06:27.140 It's now widely noted

00:06:29.280 There are 186 other banks

00:06:31.020 In the same shape

00:06:31.800 As SVB

00:06:32.880 This is a complete

00:06:34.160 For the 6.8 trillion dollars

00:06:35.680 You spend

00:06:37.280 For the federal government

00:06:38.580 This just shows you

00:06:39.440 Their incompetence

00:06:40.360 I think it's also

00:06:41.800 Their malfeasance

00:06:42.640 Silicon Valley Bank

00:06:43.760 Just remember one thing

00:06:44.500 Silicon Valley Bank

00:06:45.480 Was insolvent

00:06:46.500 From at least

00:06:47.960 The fourth quarter

00:06:48.720 Of last year

00:06:49.260 And people either knew it

00:06:50.300 And looked the other way

00:06:51.060 Or just didn't care

00:06:54.040 And people made

00:06:55.780 A ton of money

00:06:56.780 Off this

00:06:57.200 Goldman Sachs

00:06:57.900 Made 100 million dollars

00:06:58.820 David Tepper

00:06:59.440 The bottom feeding

00:07:01.000 Distressed debt guy

00:07:02.480 I have nothing wrong

00:07:03.700 With distressed debt guys

00:07:04.700 It's part of the

00:07:06.080 Creative destruction

00:07:07.340 Of our financial system

00:07:08.520 He's going to make

00:07:09.100 A couple of billion dollars

00:07:10.100 Buying their bonds

00:07:10.860 The venture capitalists

00:07:12.060 Took out 42 billion dollars

00:07:13.320 A day

00:07:13.540 Which they have not

00:07:14.180 Put back in

00:07:14.860 They're out

00:07:16.060 And you

00:07:16.620 The American taxpayer

00:07:18.800 At MAGA

00:07:19.260 Are going to underwrite

00:07:20.020 The entire thing

00:07:20.700 Let's go ahead

00:07:21.640 A lot of stuff

00:07:22.620 So I've got a Bloomberg

00:07:23.460 And I've got a Morning Joe

00:07:24.980 I've got Robert DeBose

00:07:26.480 From the Trump administration

00:07:27.900 He's one of the top

00:07:28.720 Financial guys

00:07:29.340 We had to kind of

00:07:30.100 Do restructurings

00:07:30.960 Over at FHA

00:07:32.000 Very smart guy

00:07:33.120 From Chase Bank

00:07:33.820 And we've got

00:07:34.240 Mark Mitchell

00:07:34.740 From Rasmussen

00:07:35.520 With some polling

00:07:36.940 Of what the American people

00:07:38.160 Think of the bailout

00:07:39.260 Of Silicon Valley Bank

00:07:40.700 Let's go and play

00:07:41.460 The clips

00:07:42.780 By the way

00:07:43.660 That was Max Evans

00:07:44.700 Over at Getter

00:07:46.100 Another unbelievable

00:07:47.600 Video

00:07:48.300 With the music

00:07:49.120 Of One Ugly Cowboy

00:07:50.540 Go check out One Ugly Cowboy

00:07:51.960 On their site

00:07:52.540 And you can see

00:07:52.880 All of their music

00:07:53.940 Of course Max Evans

00:07:55.040 Got his own site

00:07:55.760 Up on Getter

00:07:56.880 Just an incredible

00:07:57.760 Videographer

00:07:58.560 Okay let's go ahead

00:07:59.520 And play this cold open

00:08:00.580 I'm going to bring in

00:08:01.080 Robert Bose

00:08:01.660 B.S. is rescuing

00:08:04.260 Credit Suisse

00:08:05.420 From the brink of collapse

00:08:07.020 By buying the bank

00:08:08.640 For 3.2 billion dollars

00:08:10.960 This is the first

00:08:12.300 Mega merger

00:08:13.000 Of two global banks

00:08:14.340 Since the 2008

00:08:15.520 Financial crisis

00:08:16.680 The deal was brokered

00:08:18.020 By the Swiss government

00:08:18.940 Over the weekend

00:08:19.720 The government

00:08:20.580 Will provide

00:08:21.340 More than

00:08:21.740 Nine billion dollars

00:08:23.460 To aid in some losses

00:08:25.000 UBS may incur

00:08:26.520 In the acquisition

00:08:27.460 Meanwhile a new study

00:08:29.040 Finds that on the heels

00:08:30.640 Of Silicon Valley

00:08:32.080 Banks collapsed

00:08:32.920 Nearly 190 other banks

00:08:35.120 Are also at the risk

00:08:36.800 Of failure

00:08:37.700 Even if only half

00:08:39.440 Of their depositors

00:08:40.440 Decide to withdraw

00:08:41.360 Their funds

00:08:42.120 This comes

00:08:43.480 As the world's

00:08:44.440 Leading central banks

00:08:45.700 Jointly announced

00:08:46.680 New action

00:08:47.480 To boost

00:08:48.500 Dollar funding

00:08:49.340 To cushion markets

00:08:50.340 Against the impact

00:08:51.440 Of bank problems

00:08:53.040 Joe

00:08:53.460 That is a lot

00:08:55.860 Let's bring in

00:08:56.860 To kind of decipher

00:08:58.900 And let's bring in

00:08:59.700 Co-anchor of CNBC's

00:09:00.940 Squawk Box

00:09:01.540 Andrew Sorkin

00:09:03.720 Andrew

00:09:04.120 Poor

00:09:04.580 Poor

00:09:05.160 UBS

00:09:05.960 Shotgun wedding

00:09:07.460 Swiss government says

00:09:08.940 You're going to

00:09:10.120 You're going to merge

00:09:11.040 With Credit Suisse

00:09:12.100 I don't know how happy

00:09:13.500 They were about that

00:09:14.400 But I guess

00:09:15.020 Is this the end

00:09:16.400 Of our problems

00:09:17.140 Does this guarantee

00:09:18.460 Bank stability

00:09:19.580 In our time

00:09:21.120 I don't think

00:09:22.860 We're there yet

00:09:23.540 This was of course

00:09:24.580 An arranged marriage

00:09:25.380 Between two of the

00:09:26.180 Biggest Swiss banks

00:09:27.080 They think of their

00:09:27.920 Banks as national

00:09:28.720 Champions if you will

00:09:29.720 Now there will be

00:09:30.340 One national champion

00:09:31.780 In a combined

00:09:33.300 UBS Credit Suisse

00:09:34.780 They'll likely have to

00:09:35.760 By the way

00:09:36.100 Lay off potentially

00:09:37.420 Tens of thousands

00:09:38.040 Of people around the

00:09:39.420 World to pull this off

00:09:40.960 I do think in the

00:09:42.180 End by the way

00:09:42.720 For UBS

00:09:43.320 It'll turn out to be

00:09:44.460 A good deal

00:09:45.420 If you will

00:09:46.200 But it does not

00:09:47.580 Really end our

00:09:48.280 Problems here in the

00:09:49.220 United States

00:09:49.900 As that study

00:09:50.660 Really revealed

00:09:51.480 Our banks don't

00:09:53.780 Have enough cash

00:09:55.100 Sitting on hand

00:09:56.720 Too many of them

00:09:57.760 Like Silicon Valley

00:09:59.480 Bank have

00:10:00.480 Effectively bought

00:10:01.460 Long duration

00:10:03.000 Bonds at

00:10:03.960 Effectively lower

00:10:05.020 Interest rates

00:10:05.600 Than where they are

00:10:06.220 Today of course

00:10:06.840 Those rates have

00:10:07.340 Now risen dramatically

00:10:08.260 And therefore they

00:10:09.380 Look like they are

00:10:10.360 Sitting there with a

00:10:11.480 Loss

00:10:11.940 The FDIC says

00:10:13.540 That there's

00:10:13.840 Something like

00:10:14.140 Six hundred and

00:10:15.340 Some odd million

00:10:16.440 A billion dollars

00:10:17.360 I should say

00:10:17.940 In unrealized losses

00:10:20.600 Embedded in our

00:10:21.840 Banking system today

00:10:23.200 And so the big

00:10:24.620 Question at this

00:10:25.240 Point is

00:10:25.760 You know

00:10:26.360 Do those deposits

00:10:27.500 Remain implicitly

00:10:29.280 Or explicitly

00:10:30.180 Guaranteed

00:10:31.160 And if they aren't

00:10:32.700 What happens next

00:10:33.880 So Andrew

00:10:35.880 I want to hold it

00:10:38.060 I want to hold that

00:10:39.060 Denver

00:10:39.780 I want to hold that

00:10:40.680 I want to hold it

00:10:41.280 Right there

00:10:41.600 And don't

00:10:41.980 Don't rewind

00:10:42.900 Just keep right there

00:10:43.700 I want Jonathan

00:10:44.320 Lemire

00:10:44.680 Okay

00:10:45.700 What they're doing

00:10:48.920 The discount window

00:10:49.840 The discount window

00:10:50.540 Is basically how

00:10:51.280 Your Federal Reserve

00:10:52.320 Just shovels money

00:10:54.080 Into the system

00:10:54.820 And essentially gives

00:10:55.520 Them what's called

00:10:56.060 The Fed funds rate

00:10:56.860 Which is a super

00:10:57.480 Discounted rate

00:10:58.160 Just pours money

00:10:59.420 Into the banking system

00:11:00.360 On Thursday

00:11:01.500 Friday

00:11:01.900 168 to 180 billion dollars

00:11:04.160 More than

00:11:04.700 More than the worst

00:11:06.460 Day of the 2008

00:11:07.440 Crises

00:11:08.940 Why is that

00:11:10.080 The banking system

00:11:11.720 Is insolvent

00:11:13.360 That's what they're

00:11:13.860 Telling you

00:11:14.220 They're shoveling

00:11:15.620 Cash in here

00:11:16.460 So these banks

00:11:17.360 Keep their solvency

00:11:18.180 And remember

00:11:18.600 We're going to talk

00:11:19.180 About the math

00:11:19.920 Of this

00:11:20.460 In the second hour

00:11:21.640 Because this

00:11:22.720 And what they're doing

00:11:23.400 At the swaps window

00:11:25.120 Globally

00:11:25.980 Because you're also

00:11:26.560 Bailing out the globe

00:11:27.440 You've got the

00:11:28.380 Bank of Japan

00:11:29.380 ECB

00:11:29.920 You saw the

00:11:30.800 Chiron there

00:11:31.900 Where they're trying

00:11:32.700 To make sure

00:11:33.900 Their dollar's available

00:11:34.900 The inflationary

00:11:36.340 Pressure of this

00:11:36.940 Is going to

00:11:37.500 Absolutely go off

00:11:38.480 Like a thermonuclear

00:11:39.520 Weapon

00:11:39.900 We're going to talk

00:11:40.400 About that

00:11:40.700 With Navarro

00:11:41.380 In the second hour

00:11:43.020 Andrew Ross Sorkin

00:11:44.460 Had a

00:11:45.220 He says

00:11:46.060 They keep saying

00:11:46.940 $620 billion

00:11:47.740 Unrealized losses

00:11:49.200 That's treasuries

00:11:49.900 People held

00:11:50.780 And since the

00:11:51.680 Biden spending

00:11:52.420 Led to the

00:11:52.960 Biden inflation

00:11:53.680 The inflation

00:11:55.100 And the interest

00:11:56.320 Rates went up

00:11:57.000 Those securities

00:11:57.880 Are worth

00:11:58.360 20 cents in the dollar

00:11:59.680 30 cents on the dollar

00:12:00.800 Right

00:12:01.540 That hole

00:12:02.460 Is bigger than

00:12:03.080 $620 billion

00:12:03.940 We believe that

00:12:05.620 Hole

00:12:05.800 There's a report

00:12:06.400 That says

00:12:06.700 That hole

00:12:07.020 Is $2 trillion

00:12:07.860 Hence

00:12:09.000 That's where

00:12:09.480 That's where

00:12:10.240 They're

00:12:10.520 And depositors

00:12:12.240 Certain depositors

00:12:13.240 Sitting there

00:12:13.540 Going

00:12:13.700 Well hold it

00:12:14.100 Am I secure

00:12:14.720 Or not

00:12:15.080 Now what

00:12:16.300 You're going

00:12:16.540 To see

00:12:16.820 This week

00:12:17.360 Write this

00:12:18.200 Down

00:12:18.520 By Wednesday

00:12:19.160 Or Thursday

00:12:19.620 They're going

00:12:19.940 To give

00:12:20.100 A blanket

00:12:20.560 They're going

00:12:21.360 To come out

00:12:21.740 And give

00:12:21.960 A blanket

00:12:22.340 Guarantee

00:12:22.760 For all

00:12:23.140 The deposits

00:12:23.600 That's

00:12:23.920 $19 trillion

00:12:24.620 That's

00:12:25.300 The Biden

00:12:25.840 Administration

00:12:26.340 The Biden

00:12:26.860 Regime's

00:12:27.320 Next move

00:12:27.900 Is to do

00:12:29.360 That

00:12:29.600 I want to

00:12:30.500 Bring in

00:12:30.740 Robert

00:12:30.980 Bose

00:12:31.360 From FHA

00:12:32.280 Under President

00:12:33.080 Trump

00:12:33.400 Was the guy

00:12:33.820 That did

00:12:34.080 The restructuring

00:12:34.800 Over there

00:12:35.860 And at Fannie Mae

00:12:36.540 That to the degree

00:12:38.700 Could be done

00:12:39.280 They're so messed up

00:12:40.100 Robert

00:12:40.780 Give me your

00:12:41.360 Assessment

00:12:41.800 Of Silicon Valley

00:12:42.940 Bank

00:12:43.460 Are the

00:12:44.180 Deplorables

00:12:44.840 In MAGA

00:12:45.880 Underwriting

00:12:46.680 Basically

00:12:47.440 The elites

00:12:49.140 In this country

00:12:49.780 Feasting off

00:12:51.020 Taxpayers

00:12:52.160 In depositors

00:12:53.040 Sir

00:12:53.260 Yes they are

00:12:54.780 You're absolutely

00:12:55.440 Right

00:12:55.780 This is all

00:12:56.480 Started with

00:12:57.000 Biden

00:12:57.280 Inflation

00:12:57.900 Driving up

00:12:58.800 Driving down

00:12:59.600 The value

00:13:00.020 Of the bonds

00:13:00.540 But the banks

00:13:01.340 Aren't required

00:13:01.900 To mark them

00:13:02.440 In the market

00:13:02.900 Unless

00:13:03.780 You get

00:13:05.080 A Goldman

00:13:06.020 Coming in

00:13:06.760 To talk to

00:13:07.280 The FDIC

00:13:07.920 And then

00:13:08.300 They will

00:13:08.720 What they did

00:13:09.700 With Silicon

00:13:10.420 Valley Bank

00:13:11.020 Is you know

00:13:11.880 They had

00:13:12.100 $18 billion

00:13:12.580 Of capital

00:13:13.040 As of year end

00:13:13.860 And their auditors

00:13:15.180 KPMG

00:13:15.980 Gave them a clean

00:13:17.260 Opinion

00:13:17.660 They did cite

00:13:18.580 A critical audit

00:13:19.500 Matter

00:13:19.880 With their loan

00:13:21.080 Book

00:13:21.420 And they said

00:13:22.820 They're going to

00:13:23.720 Continue to pretend

00:13:24.700 Like those bonds

00:13:25.700 Are fully valued

00:13:26.520 They were not

00:13:27.180 Fully valued

00:13:27.760 So the Silicon

00:13:28.760 Valley Bank

00:13:29.340 Had two problems

00:13:30.080 Number one

00:13:31.000 You pointed out

00:13:31.860 Their bond

00:13:32.380 Portfolio was

00:13:33.040 Underwater

00:13:33.540 By probably

00:13:34.380 $5-10 billion

00:13:35.940 Right there

00:13:36.600 But that wouldn't

00:13:37.400 Wipe out all their

00:13:38.080 Capital

00:13:38.400 They also had

00:13:39.360 These levered

00:13:41.000 Loans

00:13:41.700 To head to

00:13:43.080 Global VC funds

00:13:44.500 And PE funds

00:13:45.200 So they had

00:13:45.580 A double problem

00:13:46.360 I don't think

00:13:46.840 That's

00:13:47.400 Sort of unique

00:13:48.580 Hold on

00:13:48.960 Hang on

00:13:49.680 Hang on

00:13:50.060 Hang on

00:13:50.440 Hang on

00:13:50.780 Stop right there

00:13:52.620 Put a pin in it

00:13:53.300 Everybody understand

00:13:55.080 Those leveraged loans

00:13:56.340 Should have never

00:13:56.780 Taken place

00:13:57.400 Because there's

00:13:57.760 No real assets

00:13:58.640 To back it up

00:13:59.460 These were done

00:14:00.480 This is how

00:14:01.200 The venture capital

00:14:02.440 Funds juice

00:14:03.220 Their returns

00:14:04.040 Instead of having

00:14:04.880 To put in

00:14:05.240 More equity capital

00:14:06.240 They're just

00:14:07.060 Barring it from

00:14:07.620 This bank

00:14:08.160 And it's on

00:14:08.940 Your shoulders

00:14:09.680 Okay

00:14:10.480 That's just

00:14:11.240 To juice

00:14:11.660 Their returns

00:14:12.320 That's 100%

00:14:13.880 For them to

00:14:14.300 Make more money

00:14:15.000 And when it

00:14:15.840 Turns the other

00:14:16.480 Way

00:14:16.900 All the

00:14:17.760 All the

00:14:18.160 On-ran types

00:14:19.260 Right

00:14:19.540 The ubermenches

00:14:20.460 The supermen

00:14:22.000 The Atlas Shrug crowd

00:14:23.580 Where's Atlas Shrug

00:14:24.720 Are we reading Atlas Shrug

00:14:25.640 This morning

00:14:26.060 Is that what they're reading

00:14:26.800 Because as soon

00:14:28.300 As it flips on them

00:14:29.880 They come

00:14:30.900 They come to

00:14:31.620 Mommy and daddy

00:14:32.440 In MAGA

00:14:33.000 Please bail me out

00:14:34.440 We're going to

00:14:34.760 Take a break

00:14:35.340 We got Robert Bowes

00:14:36.600 We're going to

00:14:36.840 Walk through this

00:14:37.640 And you're not

00:14:38.620 Going to like

00:14:39.160 What you hear

00:14:39.720 On the math

00:14:40.540 Who made out

00:14:41.640 And made tons of money

00:14:42.620 And who's stuck

00:14:43.460 With the bill

00:14:44.380 Who they're putting

00:14:45.500 The screws to

00:14:46.300 Here's who they're

00:14:47.520 Putting the screws to

00:14:48.280 Ladies and gentlemen

00:14:48.940 The same people

00:14:49.720 Bailing out the world

00:14:50.720 You know who it is

00:14:51.320 I'm going to have

00:14:51.780 A big reveal right now

00:14:52.940 Look in the mirror

00:14:54.680 It would be you

00:14:56.160 All next

00:14:57.520 In the war room

00:14:58.160 Buy gold

00:14:59.660 And get a free safe

00:15:00.960 To store it in

00:15:01.660 That's right

00:15:02.300 On qualifying purchases

00:15:03.460 From Birch Gold Group

00:15:04.920 Now through

00:15:05.920 March 31st

00:15:07.160 They'll ship

00:15:07.960 A free safe

00:15:09.280 Directly to your door

00:15:10.560 Just text

00:15:11.560 Bannon

00:15:12.020 B-A-N-N-O-N

00:15:13.840 To 9-8

00:15:14.880 9-8

00:15:15.720 9-8

00:15:16.460 To get your free

00:15:17.500 Info kit on gold

00:15:18.980 And to claim eligibility

00:15:20.580 For your free safe

00:15:22.520 Here's the deal

00:15:23.100 The Fed keeps raising rates

00:15:24.880 Because it's the only tool

00:15:25.960 They have to keep

00:15:26.740 Inflation under control

00:15:27.760 And guess what

00:15:28.700 It's not working

00:15:30.140 You can't spend your way

00:15:31.680 Out of inflation

00:15:32.440 You've seen the impact

00:15:33.880 On the stock market

00:15:34.800 You've seen the impact

00:15:35.900 On your savings

00:15:36.740 Hedge inflation

00:15:37.900 By owning gold

00:15:39.000 Let me repeat that

00:15:39.960 Hedge inflation

00:15:41.140 By owning gold

00:15:42.100 Whether physical gold

00:15:43.420 And silver

00:15:43.940 In your own safe

00:15:45.500 Or through an IRA

00:15:46.900 And precious metals

00:15:48.040 Where you can hold

00:15:49.320 Real gold and silver

00:15:50.400 In a tax

00:15:51.540 Sheltered

00:15:52.360 Retirement account

00:15:53.680 Birch Gold

00:15:54.700 Has an A-plus rating

00:15:55.860 With the Better

00:15:56.460 Business Bureau

00:15:57.280 And thousands

00:15:58.180 Of satisfied customers

00:15:59.460 Text Bannon

00:16:00.700 To 989898

00:16:02.620 For your free

00:16:03.440 Info kit on gold

00:16:04.620 And to claim

00:16:05.520 Eligibility

00:16:06.280 For your free

00:16:07.080 Home safe

00:16:07.880 By March 31st

00:16:09.400 On qualifying purchases

00:16:10.640 Again

00:16:11.520 Text Bannon

00:16:12.620 To 989898

00:16:15.460 Good people at Visa

00:16:17.580 Apparently this morning

00:16:18.720 So Andrew

00:16:20.200 You've got the Fed

00:16:21.960 Stepping in

00:16:22.740 Doing what

00:16:23.600 What other central banks

00:16:24.880 Around the world

00:16:25.660 Are doing

00:16:26.300 To try to guarantee

00:16:28.080 Money

00:16:29.380 My question

00:16:30.920 My question is this though

00:16:32.100 With the news

00:16:33.560 That you just talked about

00:16:34.700 The news

00:16:35.280 That Mika read

00:16:36.440 And reported

00:16:37.140 What

00:16:38.700 Why

00:16:39.260 Why

00:16:40.080 Would people

00:16:41.280 Not

00:16:42.080 Why

00:16:43.780 Lamir

00:16:44.520 Would people

00:16:45.060 Not

00:16:45.920 Continue

00:16:46.700 To move

00:16:48.480 Their money

00:16:49.040 From regional banks

00:16:50.480 To the big

00:16:51.700 Four national banks

00:16:52.860 Because

00:16:53.280 Right now

00:16:54.040 Again

00:16:54.420 There doesn't seem

00:16:55.640 To be any guarantee

00:16:56.600 That the money

00:16:57.160 Is safe

00:16:57.760 In regional banks

00:16:58.940 Yeah

00:16:59.540 And that's the concern

00:17:00.520 And that's what

00:17:01.100 The White House

00:17:01.600 Is grappling with

00:17:02.380 That's what financial

00:17:03.160 Industry leaders

00:17:04.260 Are grappling with

00:17:05.100 The fear

00:17:05.580 That this push

00:17:06.540 Understandable push

00:17:08.080 Will continue

00:17:08.880 That perhaps

00:17:09.760 Some of these

00:17:10.160 Regional banks

00:17:10.800 Right now

00:17:11.240 Are perceived

00:17:12.200 As not a safe bet

00:17:13.820 As not being a good

00:17:14.660 Place to keep your money

00:17:15.760 Now that's obviously

00:17:16.760 Different

00:17:17.100 We're hearing from

00:17:18.300 Treasury Secretary Yellen

00:17:19.580 We're hearing from

00:17:20.260 The White House

00:17:21.120 Other places

00:17:21.540 Saying no no

00:17:22.100 They're okay

00:17:22.860 We'll make sure

00:17:23.460 It is okay

00:17:24.040 But of course

00:17:24.900 It is reasonable

00:17:25.480 To worry

00:17:25.960 And I do think

00:17:26.740 The credit

00:17:27.560 Swiss matter

00:17:28.200 Is somewhat

00:17:29.260 Separate overseas

00:17:30.120 But there's still

00:17:30.840 Real concern here

00:17:31.740 In the United States

00:17:32.660 About the future

00:17:33.740 Of these banks

00:17:34.760 Real worrisome

00:17:36.100 I was talking to

00:17:36.680 Some sort of

00:17:37.620 Financial leaders

00:17:38.220 In New York

00:17:39.060 At the end of last week

00:17:40.060 Who do fear

00:17:40.800 That those won't be

00:17:41.740 The last banks

00:17:42.560 That go under

00:17:43.420 That need help

00:17:44.200 So we're still

00:17:45.460 In the early stages

00:17:46.460 Of this story

00:17:47.280 Silicon Valley Bank

00:17:51.280 Was insolvent

00:17:51.940 You know even

00:17:53.560 Elizabeth Warren

00:17:54.300 Maybe I get that

00:17:55.260 Clip pulled

00:17:55.640 Maybe we'll play it

00:17:56.200 Later

00:17:56.380 She called them

00:17:56.900 Out yesterday

00:17:57.300 The San Francisco

00:17:58.500 Fed

00:17:58.820 It was insolvent

00:17:59.520 And people looked

00:18:01.040 The other way

00:18:01.500 It was insolvent

00:18:02.120 You have

00:18:03.160 The report

00:18:03.840 Is 186

00:18:04.660 Or 200

00:18:05.140 Other banks

00:18:06.480 Out there

00:18:06.860 They're in

00:18:07.200 The same shape

00:18:07.680 As Silicon Valley

00:18:08.320 Bank

00:18:08.580 That's the report

00:18:09.600 That the Wall Street

00:18:10.200 Journal

00:18:10.480 Is pushing out

00:18:11.720 And here's the thing

00:18:13.940 They change the rules

00:18:14.960 All the time

00:18:15.540 But remember

00:18:16.740 Every rule

00:18:17.420 That gets changed

00:18:18.120 Is always on your shoulder

00:18:19.040 In Switzerland

00:18:19.640 Remember

00:18:20.040 You said

00:18:20.820 You're the populist

00:18:21.740 You're the populist

00:18:22.460 Nationalist

00:18:23.100 You breathe through

00:18:23.700 Your mouth

00:18:24.320 You know

00:18:25.320 Mitchell's

00:18:26.900 From Rasmus

00:18:27.860 Is going to have

00:18:28.120 Some polling here

00:18:28.640 Is going to shock you

00:18:29.300 In a second

00:18:29.700 About how your

00:18:30.400 Betters think

00:18:30.980 About the world

00:18:31.520 And how you

00:18:31.860 Think about it

00:18:32.460 But it always

00:18:33.740 Comes back to you

00:18:34.580 Just like in 2008

00:18:35.580 Just like the

00:18:36.480 20th anniversary

00:18:37.220 That's why

00:18:37.680 In that great video

00:18:38.460 That opened

00:18:38.940 It goes back

00:18:40.080 To the Iraq

00:18:40.760 Shock and awe

00:18:41.880 Remember

00:18:42.600 Ironically

00:18:43.880 This is the

00:18:44.360 20th anniversary

00:18:45.060 Of it

00:18:45.560 It always comes back

00:18:47.440 To you

00:18:47.680 Your sons and daughters

00:18:48.540 Are going to die

00:18:49.040 On the foreign battlefields

00:18:50.200 And you're going to

00:18:50.720 Underwrite this entire mess

00:18:51.880 Jonathan Lemire

00:18:53.320 And Joe Scarborough

00:18:53.900 Were wrong there

00:18:54.580 Is that

00:18:54.920 Credit Suisse

00:18:55.600 Is absolutely part of this

00:18:56.660 Because they announced

00:18:57.480 Last night

00:18:57.960 That the Fed

00:18:58.540 Is opening up

00:18:59.200 Credit swaps

00:19:00.280 For all the big

00:19:02.040 Central banks

00:19:02.700 Bank of Japan

00:19:04.620 Bank of London

00:19:06.200 ECB

00:19:07.360 All of it

00:19:08.760 The Swiss National Bank

00:19:10.360 That put that together

00:19:11.220 And nationalized the bank

00:19:12.400 Lost 144 billion dollars

00:19:14.740 I think

00:19:14.940 144 billion dollars

00:19:16.620 Last year

00:19:17.020 And they took

00:19:17.440 10 billion dollars

00:19:18.120 From the Fed

00:19:18.560 They took one of these

00:19:19.200 Credit lines

00:19:19.840 From your Federal Reserve

00:19:21.600 To keep

00:19:22.920 To keep the system

00:19:24.540 Flushed

00:19:24.940 To keep the system

00:19:25.680 Solvent

00:19:27.180 And this is going to

00:19:29.020 It's going to go off

00:19:30.040 Like a thermonuclear

00:19:31.520 Weapon

00:19:32.120 On inflation

00:19:32.860 Because now

00:19:34.260 This is quantitative

00:19:35.880 Easing

00:19:36.340 On a massive scale

00:19:37.680 On a global scale

00:19:39.180 Global scale

00:19:40.460 Both the discount

00:19:42.500 Outwind of the Fed

00:19:43.300 Of shoving cash

00:19:44.780 Cash money

00:19:46.280 Into these banks

00:19:47.700 To keep the solvency

00:19:49.220 Going

00:19:49.500 Right

00:19:50.060 Number one

00:19:50.660 Number two

00:19:51.960 Is the credit swaps

00:19:53.920 They got throughout the world

00:19:54.660 To keep solvency

00:19:55.340 Throughout the world

00:19:56.040 That's all going to come back

00:19:57.860 Navarro is going to

00:19:58.380 Walk you through the math

00:19:59.080 That's going to

00:19:59.520 It's a

00:19:59.820 Thermonuclear weapon

00:20:01.380 Remember the reason

00:20:02.540 We got in here

00:20:03.180 Is

00:20:03.980 The massive

00:20:05.640 Spending

00:20:06.400 Of the Biden regime

00:20:07.400 With the collaborationists

00:20:08.780 In the Senate

00:20:09.420 Republicans

00:20:10.000 Massive spending

00:20:11.060 Of all that

00:20:12.080 Led to

00:20:12.960 The massive

00:20:14.320 Inflation

00:20:14.900 Right

00:20:15.580 From the 0.86

00:20:17.040 On Trump's

00:20:17.840 On 3 November

00:20:18.820 0.86

00:20:20.260 10 year treasury

00:20:21.080 To over 4%

00:20:22.520 At one point in time

00:20:23.420 Over the last couple weeks

00:20:24.280 So massive inflation

00:20:26.340 To higher interest rates

00:20:27.960 Right

00:20:28.600 To try to quell that

00:20:29.600 That destroyed

00:20:31.040 These government securities

00:20:32.140 To the banks

00:20:33.200 So you got

00:20:33.720 Biden spending

00:20:34.700 Right

00:20:35.480 To Biden inflation

00:20:36.600 To Biden bonds

00:20:38.500 To Biden

00:20:39.680 Banks

00:20:40.780 Don't let Fox News

00:20:43.160 All weekend

00:20:43.620 On woke

00:20:44.420 And everything

00:20:44.760 Yes

00:20:45.080 They're all woke

00:20:46.080 And they're all

00:20:46.860 Ridiculous

00:20:48.640 Redonkulous

00:20:49.540 With the boards

00:20:50.360 They got all of it

00:20:51.040 That's the noise

00:20:52.280 Not the signal

00:20:53.060 The signal here

00:20:54.680 Is a system

00:20:55.560 That they have

00:20:57.220 This regime

00:20:58.220 From the four years

00:20:59.680 Of peace and prosperity

00:21:00.600 Of Donald J. Trump

00:21:01.620 To now

00:21:02.120 Bose

00:21:03.120 Walk me through

00:21:03.760 Walk me through

00:21:04.420 Who made out

00:21:05.140 On the

00:21:05.520 Silicon Valley Bank

00:21:06.960 By the way

00:21:07.300 What you just told us

00:21:08.220 Is that it wasn't

00:21:08.960 Solvent in the fourth quarter

00:21:10.020 And the regulators

00:21:11.280 And the accountants

00:21:12.020 And everybody

00:21:12.340 Looked the other way

00:21:13.240 Right

00:21:13.940 And you brought up

00:21:16.140 The leverage loan

00:21:17.620 Package

00:21:18.520 That is just

00:21:21.240 Your bettors

00:21:22.440 In Silicon Valley

00:21:23.360 Making more money

00:21:24.360 That's the

00:21:25.280 Sequoia Capitals

00:21:26.320 And all the

00:21:26.940 Venture capitalists

00:21:27.980 Having loans

00:21:28.760 That are not really loans

00:21:29.460 It's really just

00:21:30.060 More venture capital

00:21:31.100 But they're not

00:21:31.980 Putting it in

00:21:32.480 The bank's putting it in

00:21:33.560 But it's not

00:21:34.020 Guaranteed by anything

00:21:34.880 There's no

00:21:35.300 There's nothing there

00:21:36.900 There's companies

00:21:37.480 With algorithms

00:21:38.140 These startup companies

00:21:39.060 They never should have

00:21:39.820 Loans to them

00:21:40.440 That's part of the scam

00:21:41.860 And that's why

00:21:42.580 They should have

00:21:43.080 Credit lines

00:21:44.360 They should have put

00:21:45.080 Credit lines in

00:21:45.720 To make payroll

00:21:46.420 To make operations

00:21:47.800 No, no, no, no, no

00:21:49.120 Had to take their

00:21:49.660 42 billion out

00:21:50.520 Suck all the cash

00:21:51.380 Out of the bank

00:21:51.860 And leave it to you

00:21:53.200 By the way

00:21:54.020 The person

00:21:54.560 The group

00:21:55.240 Making the bail act

00:21:56.520 Globally

00:21:57.000 Look in the mirror

00:21:59.300 You are

00:22:00.100 When you hear this

00:22:00.720 Happy

00:22:00.940 Full faith and credit

00:22:02.320 As I said

00:22:02.800 Full faith and credit

00:22:04.100 Of the good old

00:22:04.940 United States of America

00:22:06.300 And its Federal Reserve

00:22:07.340 And its Federal Reserve

00:22:08.020 Notes

00:22:08.380 Look in the mirror

00:22:09.680 Like Pogo said

00:22:11.080 We have met the enemy

00:22:11.980 And it is us

00:22:12.740 You have met the saviors

00:22:15.040 And it'd be you

00:22:15.900 Okay

00:22:16.700 You

00:22:17.460 You are the full

00:22:18.800 Faith and credit

00:22:19.460 It's all coming back

00:22:20.760 On your shoulders

00:22:21.380 Bose

00:22:22.660 Walk me through

00:22:23.180 Silicon Valley Bank

00:22:24.160 How outrageous

00:22:24.800 Wow

00:22:25.920 So it was a double

00:22:26.720 Whammy there

00:22:27.500 Not only did they have

00:22:28.720 The 100 billion

00:22:29.540 Of fixed income

00:22:31.400 Bonds

00:22:32.020 That were

00:22:32.560 Had no capital

00:22:33.860 Applied to them

00:22:34.580 Zero capital on those

00:22:35.860 And they were not

00:22:37.080 Marked to market

00:22:37.800 Even their order

00:22:38.740 To KPMG

00:22:39.440 Said they're fine

00:22:40.260 Just 14 days before

00:22:41.500 Everybody says

00:22:42.440 The valuation's fine

00:22:43.420 Until FDIC

00:22:44.900 And Janet Yellen

00:22:46.280 And hedge funds

00:22:47.060 Kind of get together

00:22:48.000 And say

00:22:48.480 Well guess what

00:22:49.740 For every other bank

00:22:50.940 We're going to let them

00:22:51.840 Extend and pretend

00:22:52.680 But we're going to decide

00:22:53.860 For some reason

00:22:54.660 That Silicon Valley Bank

00:22:56.000 Has to mark their bonds

00:22:57.240 To market

00:22:57.660 No other bank

00:22:58.280 Has to mark their bonds

00:22:59.240 To market

00:22:59.680 That is the scariest thing

00:23:01.060 The selective application

00:23:03.120 Of the law

00:23:04.100 Just like we see

00:23:04.860 In Trump world

00:23:06.480 You know

00:23:06.880 In justice

00:23:07.380 Selective application

00:23:08.840 We have selective application

00:23:10.200 Of the accounting rules here

00:23:11.460 Every other bank now

00:23:12.860 Has to get

00:23:13.960 Doesn't have to mark

00:23:14.820 Their bonds to market

00:23:15.700 But Silicon Valley Bank does

00:23:17.300 Because hedge funds

00:23:18.500 Want to get a deal

00:23:19.180 They wipe out 18

00:23:20.340 Yeah

00:23:20.860 But

00:23:21.160 Yeah

00:23:21.920 But you should have to

00:23:23.440 Market to market

00:23:24.460 Otherwise

00:23:25.180 You should

00:23:25.580 Just pretend

00:23:26.160 Exactly

00:23:26.540 Those government securities

00:23:28.280 Those government securities

00:23:29.500 You know

00:23:30.360 You'll have the second coming

00:23:31.500 Before the

00:23:32.020 Before those government

00:23:33.240 Those securities

00:23:33.800 Are back at par

00:23:34.520 You just

00:23:34.840 You just will

00:23:35.540 It's not going to

00:23:36.000 Not in this inflation

00:23:37.220 You think you've seen

00:23:38.160 Because

00:23:38.600 They got two choices now

00:23:40.160 Right

00:23:40.880 They got two choices

00:23:41.860 They either deal with inflation

00:23:43.400 Or

00:23:44.140 By jacking interest rates

00:23:45.480 Or if they jack interest rates

00:23:46.580 They take down the system

00:23:47.540 Either more

00:23:48.080 I think they're just going to let

00:23:49.420 Because

00:23:49.780 The inflation

00:23:50.680 Is an

00:23:51.720 Unfair

00:23:52.800 Illegal tax

00:23:53.860 On you

00:23:54.460 The grundoons

00:23:55.760 So they're just going to let

00:23:57.020 Inflation just burn

00:23:58.020 I mean

00:23:58.800 That's

00:23:59.080 That's the conundrum

00:24:00.200 They're in

00:24:00.680 Correct

00:24:01.000 Brother Bose

00:24:01.680 Yeah

00:24:02.420 So in Silicon Valley Bank

00:24:04.020 They had unique risk

00:24:06.280 With their levered loan portfolio

00:24:07.640 To the VC world

00:24:08.500 That's another

00:24:09.300 Whole different problem

00:24:10.300 That many other banks

00:24:11.600 Don't have

00:24:12.020 I don't

00:24:12.440 I don't really buy this

00:24:13.400 186 other banks

00:24:14.820 Are going to fail

00:24:15.260 Because they don't have

00:24:16.000 The SVB risk

00:24:17.300 But

00:24:18.040 The real risk is

00:24:19.160 Meddling

00:24:20.020 By this White House

00:24:21.220 And Janet Yellen

00:24:22.000 I don't want them

00:24:22.740 Anywhere near this stuff

00:24:24.140 To just randomly

00:24:25.700 Change the rules

00:24:26.580 Let's stick with the rules

00:24:27.740 If you

00:24:28.260 Like you said Steve

00:24:29.520 They need to have

00:24:30.500 Mark to market accounting

00:24:31.420 And they need to have

00:24:32.120 Capital posted for those

00:24:33.300 They need to have

00:24:34.040 Consistent rules

00:24:34.740 Not just

00:24:35.220 You know

00:24:35.780 Change the rules

00:24:36.460 For one bank

00:24:37.180 To take it down

00:24:38.140 And transfer

00:24:38.900 18 billion of profits

00:24:39.980 To Goldman

00:24:40.620 Or to hedge funds

00:24:41.640 This was a mess

00:24:44.020 A disaster

00:24:44.600 That's what happened here

00:24:45.360 By the way

00:24:45.760 Goldman

00:24:46.360 Their financial advisor

00:24:47.840 Then turns

00:24:48.560 And does a trade

00:24:49.580 For their loan portfolio

00:24:50.580 And makes

00:24:51.360 100 million dollars

00:24:52.260 In an afternoon

00:24:52.900 Last week

00:24:53.540 David Tepper

00:24:54.520 The junkyard

00:24:55.700 300 million

00:24:57.440 300 million

00:24:58.120 On the loan package

00:24:59.300 That was just

00:25:01.180 On 28 billion

00:25:02.340 I want to know

00:25:03.100 What the deals are

00:25:03.800 On the other

00:25:04.140 175 billion

00:25:05.200 And guess who's

00:25:06.960 Paying for that

00:25:07.480 You gotta love it

00:25:07.780 They're pushing that

00:25:09.380 Losses on

00:25:09.940 All those other

00:25:10.760 Depositors

00:25:11.420 100%

00:25:13.540 Remember you're

00:25:14.220 Going to pay it

00:25:14.600 Through bank fees

00:25:15.200 You're going to pay

00:25:15.560 Through bank fees

00:25:16.140 Hang on for one second

00:25:17.320 Let's get Mark Mitchell

00:25:18.280 In here

00:25:18.540 Mark

00:25:18.920 You've actually

00:25:19.660 Gone out

00:25:20.160 And asked the

00:25:20.780 American people

00:25:21.320 What they think

00:25:21.880 Of this

00:25:22.120 Can you give us

00:25:22.720 The first cut

00:25:23.460 Of the Rasmussen

00:25:24.220 Polling on this

00:25:24.920 Sir

00:25:25.120 Absolutely

00:25:26.600 The federal

00:25:27.540 Government

00:25:27.980 Recently intervened

00:25:29.320 To take over

00:25:29.780 Silicon Valley Bank

00:25:30.840 Do you approve

00:25:32.180 Or disapprove

00:25:33.180 47% of U.S.

00:25:35.340 Likely voters

00:25:36.060 A plurality

00:25:36.860 Actually approve

00:25:37.960 Of this bailout

00:25:38.660 40% are opposed

00:25:39.900 To it

00:25:40.180 But here's the thing

00:25:41.480 We've been doing

00:25:42.360 You know

00:25:43.260 Questions on bailouts

00:25:44.540 Let's just say

00:25:45.280 All the way

00:25:46.160 Going back to 2008

00:25:47.480 There's a long

00:25:48.100 History of bailouts

00:25:48.900 In this country

00:25:49.560 And believe it or not

00:25:51.100 If you go back

00:25:51.780 And look at the numbers

00:25:52.620 And stack this set up

00:25:54.080 Against previous ones

00:25:55.460 This is actually

00:25:56.720 One of the most

00:25:57.740 Supported bailouts

00:25:58.760 We've ever pulled on

00:25:59.800 What's the difference

00:26:01.040 Back then

00:26:01.820 We didn't have

00:26:02.540 Build back better Biden

00:26:03.700 So it's Democrats

00:26:05.020 And most importantly

00:26:06.500 Bind strong approvers

00:26:07.860 Who are really

00:26:08.680 Driving this

00:26:09.980 Pro bailout signal

00:26:11.380 Democrats weren't

00:26:12.940 For bailouts

00:26:13.680 In 2008

00:26:14.460 And now they are

00:26:15.560 By two to one margin

00:26:16.820 Over both Republicans

00:26:18.040 And independents

00:26:19.700 So a huge change

00:26:21.500 In public opinion

00:26:22.280 On bailouts

00:26:22.960 But of course

00:26:23.800 It can't get to a majority

00:26:24.920 Only 22% of U.S.

00:26:26.420 Likely voters

00:26:26.940 Strongly approve

00:26:27.740 Of this bailout

00:26:28.380 24% strongly disapprove

00:26:30.700 The numbers

00:26:32.280 The numbers for Republicans

00:26:33.000 Are 35%

00:26:34.580 For independents

00:26:35.340 It's 38% approving

00:26:36.760 Democrats

00:26:37.360 67%

00:26:38.780 Biden strong approvers

00:26:40.400 83%

00:26:41.860 Only 18%

00:26:43.040 Of Biden strong

00:26:44.020 Disapprovers

00:26:44.820 Approve this bailout

00:26:46.000 Really stark difference

00:26:47.600 Especially in the

00:26:48.540 Biden approval numbers

00:26:49.580 Okay

00:26:51.220 And this

00:26:51.640 Remember

00:26:52.140 Just remember this folks

00:26:53.520 This is without

00:26:54.480 The nation

00:26:55.120 Listening to war room

00:26:56.260 And actually breaking it down

00:26:57.560 Because this is the only place

00:26:58.840 I've seen

00:26:59.200 That's going to detail

00:26:59.980 Breakdown

00:27:00.580 Of who made out

00:27:01.900 Like bandits

00:27:02.820 And who got stuck

00:27:03.580 With the bill

00:27:04.060 Okay

00:27:04.700 If the American people

00:27:06.040 Had the full information

00:27:06.960 And understood

00:27:07.580 How they're being played

00:27:09.100 For chumps

00:27:09.860 That number would be

00:27:11.420 Much higher

00:27:11.820 There is a breakdown

00:27:12.740 By

00:27:13.060 Before we go to break

00:27:13.900 Mitchell

00:27:14.440 And I need you

00:27:14.880 To stick around

00:27:15.440 There is a breakdown

00:27:16.780 By CLAT

00:27:17.500 There is a breakdown

00:27:18.240 Between low wage earners

00:27:19.660 And high wage earners

00:27:20.520 How does that break out?

00:27:22.400 Well we also asked later

00:27:23.580 How likely is it

00:27:25.400 The taxpayer money

00:27:26.300 Is going to bail out

00:27:27.020 Wealthy investors

00:27:27.760 But on this first question

00:27:29.260 Of whether they approve

00:27:30.560 Or disapprove of the bailout

00:27:32.080 Usually there's a signal

00:27:33.840 In the income

00:27:35.220 Usually it's not that strong

00:27:37.220 In this case it is

00:27:38.680 Voters with incomes

00:27:40.240 Under $50,000 a year

00:27:42.220 About 42% of them

00:27:44.080 Approve this bailout

00:27:45.500 Incomes above 200,000

00:27:48.320 78% approved

00:27:50.380 Okay Mark

00:27:53.480 Hang right there

00:27:54.160 The people who are

00:27:55.680 $200,000

00:27:56.340 Got to realize

00:27:57.000 You're just a wage earner

00:27:58.420 You're nothing

00:27:59.520 But a wage earner

00:28:00.800 Okay

00:28:01.200 You're not on the other

00:28:02.940 Side of the table here

00:28:03.860 You're getting stiffed also

00:28:05.700 Short commercial break

00:28:07.780 The worst regressive tax

00:28:09.820 In the world

00:28:10.200 Is inflation

00:28:10.800 And it's coming baby

00:28:12.020 All next

00:28:12.920 In the war room

00:28:13.520 Citizens

00:28:16.360 The headlines are getting

00:28:17.980 Worse and worse

00:28:19.020 Day after day

00:28:20.280 It seems like Armageddon

00:28:22.200 Could be just around

00:28:23.100 The corner

00:28:23.440 That's why I highly

00:28:24.560 Recommend you stock up

00:28:26.200 On emergency food

00:28:27.100 Right away

00:28:27.620 You already know

00:28:28.840 You're going to need

00:28:29.600 This food someday

00:28:30.760 Why not get it now

00:28:32.040 Before it's too late

00:28:32.860 Go to mypatriotsupply.com

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00:28:46.880 The grid goes down

00:28:47.880 And any other time

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00:28:50.180 For yourself

00:28:50.980 By yourself

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00:29:19.680 Mypatriotsupply.com

00:29:21.760 Here's your host

00:29:23.620 Stephen K. Vann

00:29:25.000 Okay

00:29:29.140 We got a lot

00:29:29.800 To get here

00:29:30.520 By the way

00:29:31.260 Steve Cortez

00:29:32.060 Spoke last night

00:29:32.840 At the Queens

00:29:33.300 Republican Party

00:29:35.340 Event

00:29:36.180 It was a home run

00:29:37.300 He showed me

00:29:37.920 Some of the photos

00:29:38.520 It was absolutely

00:29:39.020 Incredible

00:29:39.440 And he said

00:29:39.920 There were tons

00:29:40.360 Of war room

00:29:40.900 Posse there

00:29:42.440 We want to give

00:29:42.960 A big shout out

00:29:43.780 It's one of the

00:29:44.500 Best Republican

00:29:45.200 Clubs in the country

00:29:46.500 And Queens

00:29:47.400 There's a lot

00:29:47.940 Of fighters in New York

00:29:48.740 A lot of fighters

00:29:49.880 In New York

00:29:50.300 So I want to give

00:29:51.280 A hat tip to everybody

00:29:52.060 There

00:29:52.300 Cortez

00:29:52.760 It was absolutely

00:29:53.340 Incredible

00:29:53.800 So just fantastic

00:29:55.280 And we're winning

00:29:57.500 All over the country

00:29:58.700 In these grassroots

00:29:59.440 Efforts to take over

00:30:00.340 These parties

00:30:00.740 We're going to start

00:30:01.320 Highlining more of that

00:30:02.300 This week

00:30:03.340 As we try to deal

00:30:04.580 With all the onslaught

00:30:05.740 Of news

00:30:06.880 Because there's a lot

00:30:07.600 And it's important

00:30:08.660 A lot of signal here

00:30:09.840 Mark

00:30:12.100 Mark

00:30:13.160 Mitchell

00:30:13.800 Can you continue

00:30:14.580 On with your

00:30:15.300 Can you continue

00:30:16.000 On with your

00:30:16.740 Polling on this

00:30:18.300 On this fiasco

00:30:19.480 The reason people

00:30:20.960 Are still approving

00:30:21.820 These bailouts

00:30:22.500 Is that they're

00:30:23.440 Not getting

00:30:23.900 They're just hearing

00:30:24.420 The happy talk

00:30:25.140 On CNN

00:30:25.620 And CNBC

00:30:29.040 And MSNBC

00:30:29.880 But that's the reason

00:30:30.780 Go ahead

00:30:31.380 Continue on sir

00:30:32.160 Some of them

00:30:33.640 Some of them

00:30:33.660 Yes

00:30:33.960 Some of them

00:30:34.740 Believe what

00:30:35.180 They're told

00:30:35.480 To believe

00:30:35.860 Some of them

00:30:36.380 Implicitly trust

00:30:37.620 Biden

00:30:37.960 But I think

00:30:38.540 As you'll find

00:30:39.300 There are some

00:30:39.880 Nefarious people

00:30:41.240 In here as well

00:30:41.980 How likely is it

00:30:43.160 That Silicon Valley

00:30:43.860 Bank takeover

00:30:44.680 Will result in

00:30:45.600 Taxpayer money

00:30:46.580 Being used to

00:30:47.460 Bail out wealthy

00:30:48.160 Investors

00:30:48.740 Amongst all

00:30:50.200 Likely voters

00:30:51.160 It's 67%

00:30:52.440 Or two thirds

00:30:53.220 43% say

00:30:54.320 Very likely

00:30:55.020 Only 23%

00:30:57.660 Say not likely

00:30:58.760 So that's

00:30:59.460 A very clear signal

00:31:00.660 The party numbers

00:31:02.280 Democrats are on board

00:31:03.400 With this one

00:31:04.040 But hold on

00:31:04.780 But hang on

00:31:05.320 Hang on

00:31:05.620 Hang on

00:31:06.160 Hang on

00:31:06.720 Put a pin in that

00:31:07.480 Right there

00:31:07.820 That's already

00:31:09.080 If given fact

00:31:10.020 Because they're doing it

00:31:11.660 They're backdooring it

00:31:12.620 Through the FDIC

00:31:13.420 On fees

00:31:14.260 So every schmendrick

00:31:16.020 Watching this show

00:31:16.880 Is going to pay for this

00:31:17.780 You're going to pay for it

00:31:18.800 Through increased fees

00:31:19.700 That's

00:31:20.300 They only got

00:31:21.000 $100 billion

00:31:21.500 In

00:31:22.680 They only have

00:31:23.820 $100 billion

00:31:24.320 In the FDIC

00:31:25.560 There was

00:31:25.960 $150 or $155 billion

00:31:27.880 Of unsecured depositors

00:31:29.740 At Silicon Valley Bank

00:31:32.000 You add Signature Bank

00:31:33.020 On that

00:31:33.380 You're at

00:31:33.760 $250 billion

00:31:35.660 You're at

00:31:35.820 A quarter of a trillion dollars

00:31:36.820 Right there

00:31:37.120 Just the first two

00:31:38.040 Out of the box

00:31:39.160 Now you're going to have

00:31:39.800 Republic

00:31:40.220 Because you're going to have

00:31:40.740 To shore up that

00:31:41.400 But keep going

00:31:42.920 My point is

00:31:43.800 People don't understand

00:31:44.940 They don't understand

00:31:45.740 How

00:31:45.940 They don't understand

00:31:47.420 The mechanism

00:31:47.980 Because they're not told

00:31:49.040 In a straightforward way

00:31:50.620 It's all

00:31:51.100 It's all

00:31:51.620 It's a three card money

00:31:53.520 With this

00:31:54.080 Continue on

00:31:54.720 Mark Mitchell

00:31:55.180 Well I think that's

00:31:55.940 A seat of the pants

00:31:56.660 Signal here

00:31:57.220 Because we actually

00:31:58.160 Started asking people

00:31:59.200 These questions

00:31:59.840 Back on March 9th

00:32:01.000 That was a long time ago

00:32:02.480 And of course

00:32:03.520 I think a lot of

00:32:04.180 These people

00:32:04.580 Aren't seeing

00:32:05.340 Exact details

00:32:06.440 About bailout plans

00:32:07.720 In their news

00:32:08.260 I think that they

00:32:09.580 This is what they expect

00:32:10.820 Out of their government

00:32:11.920 61% of Democrats

00:32:13.820 75% of Republicans

00:32:15.420 And 66% of independents

00:32:17.520 Agree that taxpayer money

00:32:19.000 Is going to bail out

00:32:19.720 And we put the word in there

00:32:20.840 Wealthy investors

00:32:22.400 And going back

00:32:23.980 To the income numbers

00:32:24.920 This one's really

00:32:25.580 Going to upset you

00:32:26.300 As well

00:32:26.760 75% of those

00:32:29.620 Who earn more

00:32:30.300 Than $20,000

00:32:31.100 Acknowledge

00:32:32.660 The taxpayer money

00:32:34.160 Is going to bill out

00:32:35.440 Wealthy investors

00:32:36.580 Three out of four

00:32:37.400 People who earn

00:32:38.520 Over $200,000

00:32:40.000 Wow

00:32:40.520 Now also

00:32:42.340 You

00:32:42.820 Yep

00:32:44.240 Go ahead

00:32:44.640 Continue on

00:32:45.280 Well

00:32:46.100 Often in Biden approval

00:32:47.660 We see the biggest split

00:32:49.220 Between strong approve

00:32:50.940 And strong disapproves

00:32:52.100 Here

00:32:52.820 Biden strongly

00:32:54.240 Disproves

00:32:55.020 85% of them

00:32:56.320 Agree that taxpayer money

00:32:57.700 Is going to be used

00:32:58.180 To bill out

00:32:58.560 Wealthy investors

00:32:59.180 But also

00:33:00.340 54% of Biden

00:33:01.680 Strong approvers

00:33:02.760 So they know

00:33:04.120 This is happening

00:33:04.880 This is part of

00:33:06.000 The Biden plan

00:33:07.660 So the final question

00:33:09.720 We asked

00:33:10.180 Is how likely

00:33:10.880 Is it the political

00:33:11.760 Considerations

00:33:12.720 Influence the Biden

00:33:14.120 Administration's

00:33:14.880 Decision making

00:33:15.740 In regard to

00:33:16.720 Silicon Valley Bank

00:33:17.840 And again

00:33:19.020 Two-thirds

00:33:19.760 66% of U.S.

00:33:21.180 Likely voters

00:33:21.800 Say that

00:33:22.280 It is at least

00:33:22.960 Somewhat likely

00:33:23.760 45% say

00:33:24.880 Very likely

00:33:25.560 That political

00:33:27.180 Considerations

00:33:28.580 Influence the decision

00:33:30.200 75% of Republicans

00:33:32.040 But also

00:33:32.780 58% of Democrats

00:33:34.520 Now

00:33:35.560 This pattern

00:33:36.520 And these numbers

00:33:37.780 Look very familiar

00:33:39.020 To me

00:33:39.500 They look

00:33:40.060 Just like

00:33:40.840 What the numbers

00:33:41.460 Were two weeks ago

00:33:42.620 When we asked

00:33:43.440 U.S.

00:33:43.800 Likely voters

00:33:44.460 How likely

00:33:45.660 Is it that

00:33:46.260 Undercover

00:33:46.880 Federal agents

00:33:48.160 Helped provoke

00:33:49.020 The January 6th

00:33:50.140 Capital riot

00:33:50.860 So to me

00:33:51.800 This is a signal

00:33:52.720 About government

00:33:53.560 Trust here

00:33:54.320 This is a signal

00:33:55.840 That people know

00:33:57.020 That their federal

00:33:57.700 Government

00:33:58.140 Is making decisions

00:33:59.580 Politically

00:34:00.460 With things that

00:34:01.340 Affect them

00:34:01.940 Out of their

00:34:02.800 Taxpayer wallets

00:34:03.960 And again

00:34:04.880 Going back to

00:34:05.900 Biden approval

00:34:06.800 48% of those

00:34:08.560 Who strongly

00:34:09.100 Approve of Biden

00:34:09.980 Acknowledge that

00:34:11.540 Political considerations

00:34:12.700 Likely influence

00:34:14.120 The decision

00:34:14.860 To make that

00:34:16.260 Bail out

00:34:16.600 To Silicon Valley

00:34:17.340 Bank

00:34:17.720 By the way

00:34:20.100 Remember

00:34:20.360 We bailed out

00:34:21.100 The worst

00:34:21.520 Of the worst

00:34:21.920 You bailed out

00:34:22.360 Everybody

00:34:22.540 De-platformed

00:34:23.260 You

00:34:23.540 Everybody

00:34:24.000 That debanked

00:34:24.760 You

00:34:24.920 Everybody

00:34:25.280 That supported

00:34:25.780 The Fauci

00:34:26.740 Everybody

00:34:27.080 That supported

00:34:27.620 The COVID

00:34:28.360 Thing

00:34:28.780 All of it

00:34:29.580 That's who

00:34:30.000 You bailed out

00:34:30.540 On your nickel

00:34:31.460 You

00:34:32.300 You're familiar

00:34:32.880 With this crowd

00:34:33.520 You used to be

00:34:34.220 In venture capital

00:34:35.020 Brother Mitchell

00:34:36.220 Yeah I wanted

00:34:37.360 To talk about this

00:34:38.320 So I spent

00:34:38.900 Five years

00:34:39.580 At a VC

00:34:40.100 Between 2012

00:34:41.720 And 2017

00:34:42.800 And that's really

00:34:44.300 When a lot

00:34:44.760 Of the post-crisis

00:34:46.120 Easy money

00:34:46.760 Came flooding

00:34:47.340 Into the VC

00:34:47.940 Markets

00:34:48.520 And valuation

00:34:49.220 Started shooting

00:34:49.980 Through the roof

00:34:50.620 And what happened

00:34:51.900 Is exit horizons

00:34:53.140 Start to get

00:34:54.360 Pushed out farther

00:34:55.240 As the can

00:34:55.800 Kept getting

00:34:56.280 Kicked down the road

00:34:57.280 Why would you sell

00:34:58.500 Your company

00:34:58.960 If you can take

00:34:59.700 In a billion dollars

00:35:01.120 At a 15 billion dollar

00:35:02.400 Valuation

00:35:03.100 And so these

00:35:04.120 Companies grew

00:35:05.040 And I think

00:35:05.600 What you'll find

00:35:06.340 I think what

00:35:07.180 Anthropologists

00:35:07.960 Will look back

00:35:08.660 And say

00:35:09.120 After this

00:35:10.000 Interesting period

00:35:11.160 In our history

00:35:11.860 Is that that

00:35:13.140 Same easy dollar

00:35:14.280 That built this

00:35:15.620 Hyperinflated

00:35:16.760 And interconnected

00:35:17.740 Web of financial

00:35:19.280 Dealings

00:35:19.820 Is the same

00:35:20.980 Easy money

00:35:21.640 That built these

00:35:22.900 Non-financial decisions

00:35:24.560 That we see

00:35:25.460 Ourselves talking

00:35:26.340 About every day

00:35:27.260 When we use

00:35:27.860 The words

00:35:28.260 Woke

00:35:29.100 And we use

00:35:29.680 The words

00:35:30.060 Culture war

00:35:30.800 I think it's

00:35:31.780 Really the same

00:35:32.800 Movement

00:35:33.340 Because these

00:35:33.980 People can

00:35:34.440 Make decisions

00:35:35.100 And there isn't

00:35:36.000 A financial

00:35:36.520 Feedback mechanism

00:35:37.540 To hold them

00:35:38.100 Accountable for

00:35:38.820 They're no

00:35:40.840 Accountability

00:35:41.500 They take no

00:35:43.040 Responsibility

00:35:43.720 And no

00:35:44.020 Accountability

00:35:44.600 It's a brilliant

00:35:45.420 Assessment

00:35:45.980 Mark how do

00:35:47.460 People get to

00:35:48.060 Rasmussen

00:35:48.500 To your site

00:35:49.420 To everything

00:35:50.040 To find out

00:35:50.620 More of your

00:35:50.960 Polling

00:35:51.380 Rasmussenreports.com

00:35:53.980 We'd really love it

00:35:55.020 If you'd sign up

00:35:55.840 As a reader

00:35:56.320 And you can

00:35:56.780 Dig through all

00:35:57.380 Our past

00:35:57.880 Polling

00:35:58.460 The dozens

00:35:59.700 Of times

00:36:00.200 We've asked

00:36:00.740 About bailouts

00:36:01.500 Since 2008

00:36:02.440 Come and follow

00:36:03.600 Us on

00:36:03.960 Rasmussen underscore

00:36:05.060 Poll at Twitter

00:36:05.880 Really great

00:36:06.980 Twitter feed

00:36:07.880 And then come

00:36:08.500 And look at

00:36:08.840 Some of my

00:36:09.200 Commentary videos

00:36:10.020 On YouTube

00:36:10.440 Thank you brother

00:36:13.080 Thank you brother

00:36:13.100 Bose

00:36:14.340 We're nationalizing

00:36:15.700 The bank

00:36:16.000 Let me be blunt

00:36:16.740 The banking

00:36:17.320 System is insolvent

00:36:18.340 We're printing

00:36:19.680 Money that we

00:36:21.260 Can't back up

00:36:22.080 It's going to

00:36:22.740 Come on a

00:36:23.300 Massive devaluation

00:36:24.440 Inflation

00:36:25.060 However you want

00:36:25.520 To call it

00:36:25.940 Onto the

00:36:27.080 Deplorables

00:36:27.900 The working class

00:36:28.620 People in this

00:36:29.160 Nation

00:36:29.420 The middle class

00:36:30.160 We have other

00:36:32.140 Nationalized

00:36:32.900 People don't realize

00:36:33.680 Other parts of our

00:36:34.420 Financial system

00:36:35.100 Are already nationalized

00:36:35.980 Am I incorrect

00:36:36.820 In that assessment

00:36:37.600 Yeah no

00:36:38.140 We've seen

00:36:38.860 This movie before

00:36:40.840 In the 08

00:36:41.560 Mortgage meltdown

00:36:42.540 That year's

00:36:43.720 Hank Paulson

00:36:44.540 Is this year's

00:36:45.540 Janet Yellen

00:36:46.360 FDIC

00:36:47.420 The feckless

00:36:48.080 Managers of this

00:36:48.920 That let this happen

00:36:49.860 Last year

00:36:50.780 It was

00:36:51.100 It was

00:36:51.440 Poor policies

00:36:52.440 By Fannie

00:36:53.000 Freddie

00:36:53.340 And Congress

00:36:53.920 Pushing out

00:36:54.520 CRA requirements

00:36:55.620 This is

00:36:57.260 Back to Mark

00:36:58.640 Mitchell's

00:36:59.140 Interesting points

00:37:00.100 Of course people

00:37:01.020 Want to cover

00:37:01.580 Their deposits

00:37:01.980 But the average

00:37:03.420 Deposit is like

00:37:04.140 $5,000

00:37:04.760 So when you have

00:37:06.280 A $250,000

00:37:07.200 Deposit insurance

00:37:07.960 Guarantee

00:37:08.560 That's fine

00:37:09.080 But now when you

00:37:10.220 Want the big guys

00:37:11.060 Like Warren Buffett

00:37:12.240 Coming in to get

00:37:13.040 Get his bailout

00:37:14.100 And his implied

00:37:14.780 Guarantee

00:37:15.200 We did this

00:37:16.760 With the mortgage

00:37:17.300 Market

00:37:17.620 We have an

00:37:18.220 Implied guarantee

00:37:18.980 It's nationalized

00:37:20.040 And guess what

00:37:20.520 Everybody's paying

00:37:21.560 Twice the cost

00:37:22.440 For that now

00:37:23.160 It was 30 bps

00:37:24.220 For mortgage

00:37:24.700 Guarantees then

00:37:25.460 Now it's 60 bps

00:37:26.480 Now because of

00:37:27.460 The nationalization

00:37:28.300 Of Fannie and Freddie

00:37:28.960 Are we going to

00:37:29.840 See the same thing

00:37:30.500 Because now you

00:37:31.380 Have FDIC

00:37:32.340 Already underwater

00:37:33.480 Before the SVB

00:37:34.960 Crisis

00:37:35.420 Gets whacked

00:37:36.420 By $20 billion

00:37:37.180 Now it's down

00:37:38.260 To $100 billion

00:37:38.840 To cover $3 trillion

00:37:40.000 Of insurance

00:37:41.200 And they're trying

00:37:42.440 To jack it up

00:37:43.020 To $25 trillion

00:37:44.180 There's no way

00:37:45.340 But hold it

00:37:46.240 But hold it

00:37:46.260 But the $100 billion

00:37:48.200 Is also in government

00:37:48.920 Nobody wants to talk

00:37:49.840 About the insurance

00:37:51.060 The $100 billion

00:37:51.800 That is also

00:37:53.360 In government securities

00:37:54.240 They have the same problem

00:37:56.440 They have unrealized

00:37:58.100 Losses too

00:37:58.900 It's everywhere

00:37:59.880 They're not required

00:38:00.480 To market

00:38:00.880 Because let me go back

00:38:01.500 Here's the thing

00:38:04.400 Remember

00:38:04.820 Biden's over the top

00:38:06.700 Spending

00:38:07.060 American Recovery Act

00:38:08.540 The Build Back Better

00:38:09.820 The infrastructure

00:38:11.000 All of it

00:38:11.800 That was

00:38:12.240 The collaboration

00:38:13.400 Mitch McConnell

00:38:14.120 Was right along with it

00:38:15.140 That massive spending

00:38:17.080 Massive

00:38:18.220 Led to massive inflation

00:38:20.260 Historic

00:38:20.940 Going from zero

00:38:22.240 To 6-9%

00:38:25.540 Or 1%

00:38:26.340 To 6-9%

00:38:26.880 Is massive

00:38:28.380 Right

00:38:29.180 Mathematically

00:38:30.120 Okay

00:38:30.960 That inflation

00:38:32.480 Destroyed these

00:38:33.660 Government securities

00:38:34.540 People had these

00:38:35.500 Long

00:38:35.660 These 10-year treasuries

00:38:36.680 At 1%

00:38:37.660 Destroyed

00:38:38.620 20-30 cents

00:38:39.540 On the dollar

00:38:40.060 For a money good

00:38:41.320 Government security

00:38:42.660 Okay

00:38:43.280 That blew a hole

00:38:44.340 In all their balance sheets

00:38:45.340 All their balance sheets

00:38:47.340 And that left you

00:38:48.080 With these banks

00:38:48.700 And a banking system

00:38:49.460 To solve it

00:38:50.000 What are they doing

00:38:50.620 They're just infusing

00:38:51.740 The baby with cash

00:38:52.620 They're printing money

00:38:53.360 They're just printing money

00:38:54.620 Right now

00:38:55.120 And that

00:38:55.800 Somebody

00:38:56.380 That money

00:38:57.560 Is a liability

00:38:58.420 It ain't an asset

00:38:59.200 It's a liability

00:39:00.500 And here's the

00:39:01.800 Due bills

00:39:02.360 Coming to you

00:39:03.260 On more

00:39:04.400 Massive inflation

00:39:05.660 Okay

00:39:06.120 Devaluation

00:39:06.720 And also

00:39:07.500 This is what

00:39:08.460 The meeting

00:39:08.900 In Moscow

00:39:09.720 Is about

00:39:10.120 The meeting

00:39:10.500 In Moscow

00:39:10.980 Is how to get

00:39:11.640 Off the US dollars

00:39:12.680 Their currency

00:39:13.340 They already got

00:39:14.340 The Persians

00:39:14.940 They already got

00:39:15.400 Iran

00:39:15.820 They already got

00:39:16.320 The house of

00:39:16.840 Saud

00:39:17.120 They're saying

00:39:17.880 Hey

00:39:18.140 As risky as

00:39:19.700 Your currency is

00:39:20.540 We'll do it

00:39:20.980 There

00:39:21.160 To get away

00:39:23.200 From what the

00:39:23.600 Americans are doing

00:39:24.380 Right

00:39:25.040 And that's what

00:39:25.680 This whole partnership

00:39:27.140 This geopolitical partnership

00:39:29.100 On the Eurasian landmass

00:39:30.220 That has a massive

00:39:31.100 Military component to it

00:39:32.320 And a kinetic part

00:39:33.100 That's the convergence

00:39:33.960 Of the two crises

00:39:34.980 Underlying that

00:39:36.640 Is a massive financial

00:39:37.740 The global south

00:39:38.780 Who by the way

00:39:39.920 Don't listen to MSNBC

00:39:41.160 You know

00:39:41.920 The whites

00:39:43.640 In western Europe

00:39:44.860 In the United States

00:39:45.840 In this Ukraine situation

00:39:47.180 Who's not saluting

00:39:49.180 Is the global south

00:39:50.320 The south african navy

00:39:52.040 Is in naval exercises

00:39:53.560 The south african navy

00:39:54.680 Is in naval exercises

00:39:55.720 With the Russians

00:39:56.660 And the Iranians

00:39:58.380 And the Chinese

00:39:59.240 Okay

00:39:59.960 So you have this whole thing

00:40:00.960 But the underpinning

00:40:01.780 Is to break

00:40:02.560 The US dollar

00:40:03.880 And

00:40:04.780 The Biden regime

00:40:06.000 The illegitimate

00:40:06.860 Biden regime

00:40:07.620 Is

00:40:08.360 On testosterone

00:40:09.540 To do this

00:40:10.240 Remember

00:40:10.620 Elections have consequences

00:40:12.240 Stolen elections

00:40:13.160 Have catastrophic consequences

00:40:14.600 Bose

00:40:14.980 What's your

00:40:15.680 What's your social media

00:40:16.720 How do people get to your

00:40:17.720 Always hot

00:40:18.940 Twitter feed

00:40:20.180 And all that

00:40:20.640 Where do they go

00:40:21.180 Robert underscore

00:40:22.980 B underscore

00:40:23.900 Bose at twitter

00:40:25.020 And we do not want

00:40:26.660 To bail out

00:40:27.200 Of the rest

00:40:27.840 You know

00:40:28.340 Let the big guys

00:40:30.000 Fend for themselves

00:40:31.000 The little guys

00:40:31.600 Need to be protected

00:40:32.340 Thank you sir

00:40:35.400 We're going to be

00:40:37.020 At the forefront of that

00:40:37.980 But that

00:40:39.000 Unless somebody steps up

00:40:40.800 I haven't seen anybody

00:40:42.060 Step up yet

00:40:42.760 They got to step up

00:40:43.700 And say this is not right

00:40:44.820 By the way

00:40:45.400 You talk about

00:40:45.940 You talk about

00:40:46.580 Lack of trust

00:40:47.200 Let me bring Naomi Wolf

00:40:48.340 This is a perfect segue

00:40:49.720 You talk about

00:40:50.280 Lack of trust

00:40:50.960 We don't have time for it

00:40:52.740 Because how long

00:40:53.240 I got a thing of Fauci

00:40:55.100 Meeting a residence

00:40:56.400 Of Washington D.C.

00:40:57.520 I think it takes

00:40:58.040 Three minutes

00:40:58.600 Does it

00:40:59.380 Two

00:40:59.640 Let's go ahead

00:41:00.160 Let's play it

00:41:00.740 And then we'll bring Naomi

00:41:01.560 Let's go ahead

00:41:02.060 Hit Fauci

00:41:02.860 Talk about the

00:41:03.660 Trust of government

00:41:04.240 Here we go right now

00:41:04.920 Cold with Fauci

00:41:05.720 People in America

00:41:09.340 Are not settled

00:41:10.860 With the information

00:41:12.280 That's been given to us

00:41:13.460 Right now

00:41:14.380 So I'm not going to

00:41:15.380 Be lining up

00:41:16.120 Taking a shot

00:41:16.900 On a vaccination

00:41:17.900 For something

00:41:19.540 That wasn't clear

00:41:21.040 In the first place

00:41:21.720 And then

00:41:22.320 You all create a shot

00:41:24.240 In miraculous time

00:41:26.100 It takes years

00:41:27.820 To create

00:41:28.780 Vaccinations

00:41:29.740 Well it used to take years

00:41:31.700 You know how many years

00:41:34.260 We're invested

00:41:34.840 In this approach

00:41:36.680 About 20 years

00:41:38.060 Of science

00:41:38.760 To get us

00:41:39.680 To be able to do it

00:41:40.480 20 years is not enough

00:41:41.020 And nine months

00:41:42.260 Is definitely not enough

00:41:43.460 For nobody to be

00:41:44.440 Taking no vaccination

00:41:45.360 That you all came up with

00:41:46.840 The only reason

00:41:47.500 I'm talking to you

00:41:48.320 Right now

00:41:48.860 As close as we are

00:41:50.100 Is that I've been vaccinated

00:41:51.720 Right

00:41:52.020 But if a lot of

00:41:53.540 Thousands of people

00:41:54.360 Like you

00:41:54.920 Don't get vaccinated

00:41:56.000 You're going to let

00:41:56.920 This virus continue

00:41:57.960 To percolate

00:41:58.680 In this country

00:41:59.420 And in this world

00:42:00.080 Something like

00:42:00.580 The common flu then

00:42:01.480 Right

00:42:01.740 Basically

00:42:02.680 It's much more serious

00:42:04.200 Than the flu

00:42:04.780 Well the flu kills

00:42:05.780 A lot of people

00:42:06.380 You know how many people

00:42:08.000 Died of the flu

00:42:09.200 The last year

00:42:10.420 I mean not this year

00:42:11.740 Virtually none

00:42:12.560 But the previous year

00:42:13.540 About 20 to 30,000

00:42:15.400 You know how many people

00:42:16.260 Have died from COVID-19

00:42:17.520 In the United States

00:42:18.400 600,000 Americans

00:42:20.420 Well the number

00:42:23.180 That you all given

00:42:24.080 That died

00:42:24.680 That once again

00:42:26.020 That's you all's number

00:42:27.280 You're going to pass

00:42:28.140 Yeah definitely

00:42:29.080 Because when you

00:42:30.400 Start talking about

00:42:31.200 Paying people

00:42:31.960 To get vaccinated

00:42:33.040 When you start talking

00:42:34.060 About incentivizing

00:42:35.360 Things to get people

00:42:36.620 Vaccinated

00:42:37.200 There's something else

00:42:38.040 Going on with that

00:42:38.900 Yeah

00:42:39.700 There's something else

00:42:40.520 Going on with that

00:42:40.800 It is something

00:42:41.420 Going on with that

00:42:42.000 You're right

00:42:42.840 But I'm glad

00:42:43.460 Millions of people

00:42:44.380 Like me

00:42:45.060 And most everybody here

00:42:46.440 Didn't get an

00:42:47.520 You know what

00:42:48.080 Their incentive was

00:42:49.180 Protecting their health

00:42:50.400 And protecting the city

00:42:51.320 But I won't keep you

00:42:52.620 Anymore

00:42:52.960 It's okay

00:42:53.400 Thank you for

00:42:54.060 My incentive

00:42:55.200 Y'all campaign

00:42:55.980 Is about fear

00:42:56.820 It's about inciting

00:42:58.160 Fear in people

00:42:58.880 You all attack

00:42:59.660 People with fear

00:43:00.620 That's what this

00:43:01.340 Pandemic is

00:43:02.240 It's a fear

00:43:03.140 It's fear this pandemic

00:43:04.340 That's all it is

00:43:05.440 Fox Populi

00:43:10.840 Right there

00:43:11.700 Have you seen

00:43:12.540 Anything more

00:43:13.340 Right up in

00:43:14.300 Right up in

00:43:14.880 Fauci's face

00:43:15.720 Naomi Wolf

00:43:16.560 Right after the break

00:43:17.200 We rejoice

00:43:17.860 When there's no more

00:43:18.800 Let's take down

00:43:19.900 The CCP

00:43:20.800 In Joe Biden's America

00:43:23.240 Criminals are exalted

00:43:24.800 And the police

00:43:25.860 Are condemned

00:43:26.520 Sad to say

00:43:28.060 But you need to be

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00:43:30.120 Trained to defend

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00:44:35.580 Bannon

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00:44:37.560 New social media

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00:44:40.440 Protecting free speech

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00:45:05.360 If you download Getter

00:45:08.560 You get Naomi Wolf

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00:45:23.440 We want everybody

00:45:24.420 In the War Room audience

00:45:26.240 In the War Room posse

00:45:27.220 In the Vanguard

00:45:27.840 In the cadre

00:45:28.580 To make sure you're on Getter

00:45:29.760 You get non-stop

00:45:30.840 Free flow of information

00:45:32.040 Naomi Wolf joins us

00:45:33.740 Naomi

00:45:34.020 This is about trust in government

00:45:35.020 One thing I want to say

00:45:35.660 We're going to get more

00:45:36.600 To the financial crisis

00:45:37.400 In the second hour

00:45:38.100 In the geopolitical

00:45:39.040 With China

00:45:39.480 With the CCP

00:45:40.580 Who must be taken down

00:45:41.920 Now more than ever

00:45:42.760 By cutting them off

00:45:44.000 Cutting off their access

00:45:45.060 To capital

00:45:45.580 These gangsters

00:45:46.380 Who are trying to

00:45:47.620 Go to become

00:45:48.360 A full hegemon

00:45:49.120 That's what's happening here

00:45:50.120 The Swiss

00:45:51.100 Over the weekend

00:45:51.840 You talk about these institutions

00:45:53.240 Oh the populist nationals

00:45:54.560 They want to burn everything down

00:45:55.780 They're the worst people

00:45:57.260 They don't believe

00:45:57.760 In our great institutions

00:45:58.760 Our institutions

00:45:59.620 Our institutions

00:46:00.340 Over the weekend

00:46:01.720 They just threw out the rule book

00:46:03.080 Remember

00:46:03.700 Just what they did

00:46:04.660 In Silicon Valley Bank

00:46:05.600 They took the bank

00:46:06.580 And they said

00:46:06.920 No we don't have

00:46:07.540 A shareholder approval

00:46:08.400 They just

00:46:08.940 They just literally

00:46:09.740 Threw it away

00:46:10.440 Took the bondholders

00:46:11.740 Down to zero

00:46:12.560 They just made up

00:46:14.140 They just over the weekend

00:46:15.480 Realized to save themselves

00:46:16.940 To nationalize

00:46:18.040 The Swiss banking

00:46:18.820 Says

00:46:19.060 Remember the Swiss

00:46:19.620 Is the platinum

00:46:20.260 Of the platinum

00:46:20.860 That's where all the

00:46:22.220 All the dictators in the world

00:46:23.700 Want to have their cash

00:46:24.600 Right

00:46:24.860 Because they can get to it

00:46:25.620 And the guys get good returns

00:46:27.080 This is now nationalized

00:46:28.780 Over the weekend

00:46:29.240 And how they did it

00:46:30.000 They just jammed it together

00:46:31.200 Totally threw out all the laws

00:46:32.940 All the rule of law

00:46:33.940 And just made up new rules

00:46:35.560 New laws

00:46:36.300 And they did it

00:46:37.040 You know why

00:46:37.620 Because they can

00:46:38.980 And you can suck on that

00:46:40.680 Just like right now

00:46:42.000 Throughout the world

00:46:42.680 The whole solvency thing

00:46:44.040 Right now

00:46:44.400 Is just the federal government

00:46:45.380 The federal reserve

00:46:46.280 Just printing money

00:46:47.060 Printing money

00:46:47.620 That we don't have

00:46:48.680 It's a lot

00:46:49.540 It's not an asset

00:46:50.280 It's a liability to you

00:46:51.680 It's an asset to them

00:46:53.220 But you gotta have a counter

00:46:54.460 You know like an accountant

00:46:55.380 You have to have a contra account

00:46:56.840 That contra account

00:46:57.800 Look in the mirror

00:46:58.420 Look in the mirror

00:46:59.660 You're the contra account

00:47:00.660 But it's just not that

00:47:02.000 You just saw a citizen

00:47:03.660 Of Washington D.C.

00:47:04.680 Naomi Wolf

00:47:05.660 Who just laid out

00:47:07.640 The best argument

00:47:09.260 Right in Fauci's face

00:47:10.760 Hey dude

00:47:11.680 You're coming door to door

00:47:12.900 You're not jabbing me

00:47:13.920 Brother

00:47:14.300 Naomi Wolf

00:47:15.680 Yeah

00:47:16.960 You know

00:47:18.940 These things are connected

00:47:19.740 I think

00:47:20.420 Because

00:47:21.140 Isn't it the case

00:47:23.220 That

00:47:23.820 The Silicon Valley

00:47:25.960 Investors

00:47:26.660 Who invested in

00:47:27.320 All those startups

00:47:28.160 Have their risk

00:47:29.400 Dialed way down

00:47:30.560 If the federal government

00:47:31.580 Steps in

00:47:32.440 And keeps those startups

00:47:33.780 From collapsing

00:47:35.140 Or being unable

00:47:36.340 To pay back

00:47:37.760 The investments

00:47:38.500 Made in them

00:47:39.100 I mean the first thing

00:47:40.020 I thought of

00:47:40.640 When I saw

00:47:41.180 How the federal government

00:47:42.040 Was really

00:47:42.500 Reinventing capitalism

00:47:44.440 Basically turning it

00:47:45.440 Into communism

00:47:46.640 Essentially

00:47:47.180 Or oligarchical communism

00:47:48.560 Is that

00:47:49.520 Is the Twitter files

00:47:51.280 Like Big Tech

00:47:52.020 Did some huge favors

00:47:53.460 To the Biden administration

00:47:55.580 And they work together

00:47:56.980 To censor voices

00:47:57.960 Like ours

00:47:58.800 And voices like

00:47:59.700 You know

00:48:00.140 All the people

00:48:01.040 Who are critical

00:48:01.580 Of that

00:48:01.960 The vaccine rollout

00:48:02.940 Well maybe

00:48:03.820 This looks like

00:48:05.260 Bribery to me

00:48:06.040 Or it looks like

00:48:06.760 You know

00:48:07.700 Payola

00:48:08.240 I mean it looks like

00:48:09.040 The federal government

00:48:09.740 Basically

00:48:10.220 Making sure

00:48:12.400 Their friends

00:48:13.020 Have no risk

00:48:13.860 And because this bank

00:48:14.880 Funded the tech sector

00:48:16.260 So I'm just

00:48:18.420 Throwing that out

00:48:19.220 Because it

00:48:20.020 It does seem

00:48:21.260 Really interesting

00:48:21.840 That it's not

00:48:22.480 The banks

00:48:23.040 It's not the

00:48:23.840 Small regional banks

00:48:25.020 That are going to

00:48:25.580 You know

00:48:26.320 That are going to

00:48:27.800 Be crashing

00:48:28.520 And leaving

00:48:29.580 Middle class people

00:48:31.540 Working class people

00:48:32.600 Bereft of their savings

00:48:34.200 Right

00:48:34.560 It's the bank

00:48:35.560 Of Biden's

00:48:36.760 Big tech friends

00:48:38.080 Who have been

00:48:39.240 Treating these startups

00:48:40.600 And I've seen this

00:48:41.600 First hand

00:48:42.100 As a female founder

00:48:42.980 You know

00:48:43.720 The bros club

00:48:44.540 Treats these startups

00:48:45.420 As kind of Ponzi schemes

00:48:46.700 It seems to me

00:48:47.580 And they say

00:48:47.880 Well who else is investing

00:48:48.840 Oh that dude

00:48:50.060 Okay

00:48:50.420 And then they put

00:48:51.340 All their

00:48:51.660 You know

00:48:52.400 They pool their money

00:48:53.740 Almost

00:48:54.180 And they inflate

00:48:54.880 The valuation

00:48:55.560 And then

00:48:56.600 As you're

00:48:57.220 Yeah

00:48:57.420 It's the cool kids

00:48:59.720 It's the cool kids table

00:49:01.120 It's the cool kids table

00:49:02.120 In high school

00:49:02.640 That's it

00:49:03.620 It's not a bank

00:49:04.220 It's 185 to 1 leverage

00:49:05.620 It was a hedge fund

00:49:06.920 And you got to ask

00:49:08.580 You know

00:49:08.820 Elizabeth Warren

00:49:09.340 Called it out yesterday

00:49:10.080 But she voted

00:49:10.760 As I said

00:49:11.480 Focahontas did vote

00:49:13.160 For all the spending

00:49:13.840 So you can't

00:49:14.740 The spending

00:49:15.340 Was the problem

00:49:16.280 Now the mechanism

00:49:17.780 Yeah they didn't

00:49:18.360 This thing was insolvent

00:49:19.500 Everybody knew it

00:49:20.540 And they all looked

00:49:21.460 The other way

00:49:22.060 And the deplorables

00:49:23.420 Get to pick up

00:49:24.100 Through higher bank fees

00:49:25.120 That's how they're

00:49:25.580 Going to do this

00:49:26.100 Through the FDIC

00:49:26.840 Which doesn't have

00:49:27.780 The money

00:49:28.460 Not even

00:49:29.000 Anywhere close

00:49:29.700 To the money

00:49:30.140 Naomi

00:49:31.080 Naomi

00:49:31.100 Loss of trust

00:49:32.960 Deals with the

00:49:33.740 Institutions

00:49:34.360 The merger

00:49:35.300 Of big pharma

00:49:36.080 And big government

00:49:37.300 Your latest report

00:49:38.780 In this joint effort

00:49:40.840 In your new book

00:49:41.580 This latest report

00:49:42.840 Is even more

00:49:43.480 Damning

00:49:44.580 I mean all of them

00:49:45.440 Have been damning

00:49:46.020 But they're like

00:49:46.900 Increasing in power

00:49:47.980 Of their damnation

00:49:49.080 Each one you put out

00:49:50.300 Tell us about this one

00:49:51.140 Well it is cumulative

00:49:52.260 And I did wonder

00:49:53.100 If that awesome citizen

00:49:56.040 Who was just having

00:49:57.120 None of what

00:49:57.980 Dr. Fauci was peddling

00:49:59.380 You know

00:50:00.480 Was a war room listener

00:50:01.520 Because he

00:50:02.640 He had it

00:50:03.300 100% correct

00:50:04.460 And what really

00:50:05.140 Leaps out

00:50:05.940 And all of your

00:50:07.040 Viewers and listeners

00:50:08.220 Will recognize this

00:50:09.300 Is how many

00:50:09.880 Flat out lies

00:50:11.420 As Dr. Fauci

00:50:12.060 Was telling that

00:50:12.840 That man

00:50:13.760 One thing that

00:50:15.060 Struck me

00:50:15.600 As someone who

00:50:16.180 Studies civil liberties

00:50:17.040 Is how intimidating

00:50:17.900 It was

00:50:18.580 To open your door

00:50:20.060 And find

00:50:20.660 20 people

00:50:22.160 You know

00:50:22.480 These giant men

00:50:23.960 Somehow surrounding

00:50:24.940 Dr. Fauci

00:50:26.140 You know

00:50:27.180 Telling you that

00:50:27.760 You need to have

00:50:28.240 An injection

00:50:28.760 And the other thing

00:50:29.780 That really

00:50:30.160 Struck me

00:50:31.220 Is Dr. Fauci

00:50:32.740 Slipped

00:50:33.300 And basically said

00:50:34.140 There was no flu

00:50:35.120 Last year

00:50:35.900 It went away

00:50:36.520 Oh where did it go

00:50:38.020 And finally

00:50:39.840 His colleagues

00:50:41.640 Claiming that

00:50:42.780 Injecting yourself

00:50:43.960 With this thing

00:50:44.460 Stops transmission

00:50:45.340 And protects the community

00:50:46.340 Just a lie

00:50:47.860 And you know

00:50:48.840 Remember when we're

00:50:49.680 Talking about money

00:50:50.540 And the favors owed

00:50:52.060 Possibly that

00:50:53.100 A billion dollars

00:50:55.360 Went into that program

00:50:56.600 Which now the Twitter files

00:50:57.960 Is revealing

00:50:58.580 Who got the money

00:50:59.560 The virality project

00:51:00.920 You know

00:51:01.760 Flowing through the CDC

00:51:02.840 Stanford got the money

00:51:04.180 You know

00:51:04.760 All these people

00:51:05.340 Got the money

00:51:05.820 In order to lie

00:51:07.200 To exactly

00:51:08.860 Those communities

00:51:09.660 And the last thing

00:51:10.460 You really should note

00:51:11.140 Is they targeted

00:51:12.280 Low income communities

00:51:13.280 They targeted

00:51:14.140 Communities of color

00:51:15.240 So it's

00:51:16.480 It's just so evil

00:51:17.700 That's where

00:51:18.220 Our tax dollars went

00:51:19.340 And now tax dollars

00:51:21.040 Are going to prop up

00:51:22.260 The banks of the people

00:51:23.280 Who facilitated the lies

00:51:25.340 So it's a

00:51:26.660 360 degree corruption

00:51:28.340 So now I will turn to

00:51:30.560 Hang on

00:51:33.000 Hang on one second

00:51:33.600 Let's just go ahead

00:51:34.340 And put a pin in

00:51:34.920 And just hang with me

00:51:35.700 Through the breaks

00:51:36.240 The 90 second break

00:51:37.200 We're going to come back

00:51:38.180 With Naomi Walsh

00:51:38.980 She's going to give you

00:51:39.720 A latest update

00:51:41.160 On the Pfizer analysis

00:51:42.780 Just to make you feel

00:51:43.720 Even better

00:51:44.560 On this Monday morning

00:51:45.500 Remember this

00:51:47.960 You are the

00:51:48.740 Creditors committee

00:51:49.580 You're the steadiest

00:51:50.780 Hands we have out there

00:51:52.080 If this nation

00:51:53.460 Is to be saved

00:51:54.380 And it will be saved

00:51:55.320 It is going to come

00:51:56.520 Through your agency

00:51:57.600 Remember

00:51:58.120 Your agency

00:51:59.160 Look in the mirror

00:52:00.160 And look at the

00:52:01.660 Person

00:52:02.420 Who's going to

00:52:03.580 Save this nation

00:52:04.520 That would be you

00:52:05.220 Collectively

00:52:06.180 We're going to do it

00:52:06.820 We've got a long

00:52:08.100 Tough road

00:52:08.700 Long and tough

00:52:09.920 No easy decisions

00:52:10.920 No easy choices

00:52:12.120 We're going to take

00:52:13.620 A short 90 second break

00:52:14.960 Naomi Wolf

00:52:15.700 Dr. Peter Navarro

00:52:16.920 Dr. Bradley Thayer

00:52:18.100 Carrie Lake

00:52:18.960 We're jammed in hour two

00:52:21.400 As we broaden our scope

00:52:23.120 On the storm is here

00:52:25.320 It's arrived

00:52:26.040 All in the war room

00:52:27.420 War room posse

00:52:37.720 You already know

00:52:38.620 Free speech is under

00:52:39.540 Constant attack

00:52:40.500 By the swamp

00:52:41.220 And their big tech

00:52:42.260 Allies

00:52:42.780 They resell you

00:52:44.080 Communications and

00:52:44.980 Personal data

00:52:45.680 While lecturing

00:52:46.840 And laughing at you

00:52:47.980 I've got the solution

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Bannon's War Room - March 20, 2023

Episode 2598： The Merge Of UBS And Credit Suisse; The Fall Of Regional Banks

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