Bannon's War Room - April 12, 2023


Episode 2655: Battle For Independence From AI; Cleaning Of The Justice Department


Episode Stats

Length

55 minutes

Words per Minute

168.3494

Word Count

9,382

Sentence Count

755

Misogynist Sentences

7

Hate Speech Sentences

23


Summary

Learn English with Stephen K. Bodington. Stephen is a comedian, actor, writer, and podcaster. He has been in the entertainment business for a long time and is a frequent guest on Fox News and CNN. Stephen has also been a member of the Trump administration and has been a supporter of President Trump. In this episode, he talks about his relationship with President Trump, and how important it is to have a strong relationship with our president.


Transcript

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 Here's one time 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, but you're not going to stop it.
00:00:22.000 It's going to happen.
00:00:23.000 And where do people like that go to share the big line?
00:00:26.000 MAGA Media.
00:00:27.000 I wish in my soul, I wish that any of these people had a conscience.
00:00:32.000 Ask yourself, what is my task and what is my purpose?
00:00:36.000 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. Band.
00:00:57.000 You're not likely to Jordan Echari, but you're not going to ever kill anybody.
00:00:59.000 As it is, hey, doesn't he want to trust so many people.
00:01:02.000 I hope the rickese Larry is for a while.
00:01:04.000 You're not working so hard for them to score it.
00:01:06.000 As many people need to use this program.
00:01:07.000 You can see this time here,自己 will escape time when it goes for individual,
00:01:09.000 and be turned to the atmosphere in liquid heat.
00:01:11.000 You're happy to fix it.
00:01:12.000 It's going to be a arrivé event now.
00:01:14.000 This islloq Tслoi.
00:01:16.000 Mart willingness is obrigado from private trade tests.
00:01:17.000 From fundament.
00:01:18.000 If you have something to call back at Tanokorean,
00:01:20.000 from theesarArower Brainina,
00:01:21.000 it's been enough,
00:01:23.000 to National Initiative的人,
00:01:24.000 I must take you to Northern Death arrive and learn .
00:01:26.000 Who's the biggest problem, sir?
00:01:52.160 Is it China?
00:01:53.520 Could it be Russia?
00:01:54.260 Could it be North Korea?
00:01:55.280 No, I said the biggest problem is from within.
00:01:58.300 It's these sick, radical people from within.
00:02:01.800 Because we can handle, if we're smart, we can handle Russia, China.
00:02:06.080 I did.
00:02:07.480 President Xi is a brilliant man.
00:02:11.240 If you went all over Hollywood to look for somebody to play the role of President Xi,
00:02:16.920 you couldn't find him.
00:02:17.720 There's nobody like that.
00:02:19.600 The look, the brain, the whole thing.
00:02:21.820 We had a great relationship.
00:02:23.060 You know, when he first came to Mar-a-Lago, he came the first day.
00:02:27.380 He was there for a few days.
00:02:28.240 We were going to have a 50.
00:02:31.020 It was so organized by them and by us, but by them.
00:02:34.680 Very boom, boom, boom.
00:02:37.100 Everything's like business.
00:02:38.740 No games.
00:02:39.540 You know, they don't say, gee, how did the Yankees do last night?
00:02:42.860 Oh, that was a wonderful.
00:02:43.760 They don't care.
00:02:44.840 They don't care about anything.
00:02:46.440 I said, do you ever go to a Broadway play?
00:02:48.260 I'll take you to one.
00:02:49.400 Do you ever have plays like, do you ever go?
00:02:51.200 No, I don't.
00:02:52.840 No.
00:02:53.860 He's all, this is business.
00:02:55.480 These aren't game players, right?
00:02:57.500 I like it.
00:02:58.300 You know, in a way, I like it.
00:02:59.900 You have no life, but that's what he likes.
00:03:02.600 Yeah.
00:03:03.220 Top of the line smart.
00:03:04.980 Top of the line.
00:03:05.820 Here we are.
00:03:21.060 What are we doing here?
00:03:22.440 Liquor rain.
00:03:26.400 Here?
00:03:27.560 Mr. Ness, everybody knows where the booze is.
00:03:30.680 The problem isn't finding it.
00:03:32.480 The problem is who wants to cross the pond.
00:03:34.740 Let's go.
00:03:40.000 If you walk through this door now, you're walking into a weld of trucks.
00:03:44.520 There's no turning back.
00:03:45.700 You understand?
00:03:47.660 Yes, I do.
00:03:50.340 Go ahead.
00:03:51.320 Give me that action.
00:03:52.060 I need to get something.
00:03:56.640 It is time now to declare unrestricted war on the Chinese Communist Party.
00:04:01.600 Today, we should seize all of their assets.
00:04:05.600 I can go into Midtown Manhattan, and I can show you the buildings that Wanchi, Sean's family owns, that she's family owns, that Deng Xiaoping's family owns.
00:04:14.380 It's like that scene in The Untouchables.
00:04:16.040 When Sean Connery says, everybody knows where the whiskey is, does anybody have the courage to take the axe and beat down the door?
00:04:24.500 Now is our call to action.
00:04:26.220 I don't need Senator Clanghorn.
00:04:27.620 I'm like, oh, well, you know, they got what we need them in a stable member.
00:04:31.520 I don't want to be in a cold war with China or a hot war.
00:04:35.020 I just want China to be a stable member of a global world order.
00:04:39.780 We need them in a stable member of a world order?
00:04:41.800 No, we don't.
00:04:43.220 We need them defeated.
00:04:44.700 We don't need them a stable member.
00:04:46.080 They're never going to be a stable member, you fool.
00:04:48.540 What are you thinking of?
00:04:50.340 It's time now to stop the happy talk.
00:04:52.680 It's time now to stop all that claptrap you see all the time.
00:04:55.980 It's time now to identify the enemy, take the fight to the enemy, take the torch to the enemy.
00:05:01.640 And that is enemies that are both foreign and domestic.
00:05:05.200 Victory is very simple.
00:05:06.620 It is to assist Lao Baixing, the 1.2 billion souls in China that hate him with a passion, to be able to overthrow them.
00:05:15.540 And how does that happen?
00:05:16.920 You stop underwriting it.
00:05:19.060 You stop giving them access to our capital.
00:05:21.780 You stop giving them access to our technology.
00:05:24.580 A hard, cold decoupling immediately.
00:05:27.620 But you also immediately seize their assets that's stolen from the Chinese people.
00:05:32.800 You'll cut them off to be done in six months without firing a shot, without a carrier battle group out of San Diego and Pearl at the bottom of the South China Sea.
00:05:41.060 Because the way you're headed, you can't walk into the sucker punch.
00:05:44.880 I'm all for a gunfight when it's time to have a gunfight.
00:05:47.920 But you only have gunfights when you've done every other thing.
00:05:51.640 It's Sun Tzu.
00:05:52.200 They want to win without firing a shot.
00:05:53.640 But if they have to fire a shot, they'll do it.
00:05:55.640 We must become savvy.
00:05:57.340 I'm telling you, it ain't going to turn out well.
00:06:03.620 Wednesday, 12 April, in the year of our Lord, 2023, BBC and Taiwan Media are reporting that the largest naval exercise,
00:06:12.640 then combined naval exercise between the Philippines and the United States, 17,000 airmen, sailors, Marines, soldiers, 12,000 of those.
00:06:24.500 That would be over – that's a carrier battle group or over a division of troops have completed this exercise now north of the Philippines and off of Taiwan.
00:06:37.800 As the exercises Taiwan has announced – has announced a no-fly zone.
00:06:45.660 The CCP has announced a no-fly zone.
00:06:47.340 Very sketchy about what they're calling for, but a no-fly zone north of Taiwan as this starts to heat up.
00:06:53.260 President Trump, a very powerful interview last night with Tucker Carlson.
00:06:56.440 I do take umbrage with – she had a great relationship.
00:07:00.820 I just want to remind the president that he – she didn't – if they didn't purposely let off the bioweapon from the Wuhan lab and it inadvertently escaped from the lab,
00:07:12.320 which is my theory of the case, but it was a bioweapon.
00:07:14.780 Of that, there's no doubt.
00:07:16.200 They exacerbated that, and the reason they exacerbated that is to end your presidency because you're the first president ever in American history to actually take on the Chinese Communist Party
00:07:26.620 and start to bring them to their knees, which is what we have to do.
00:07:29.940 If we do not heed this warning, if we do not heed the warning to go unrestricted warfare against the Chinese, which they are on with us right now,
00:07:38.040 then we're going to rue the day because I'm telling you, a fight in the South China Sea and a fight off of Taiwan,
00:07:45.740 even if we were to win the kinetic war, it would be momentarily and it would be a great cost, costs we do not have to bear.
00:07:52.380 We do not have to bear this.
00:07:54.180 It is all quite evident of how you end the CCP.
00:07:57.260 You decouple immediately.
00:08:00.600 All technology, all technology transfers, any access technology, you cut them off from all capital.
00:08:06.760 You cut them off from the debt markets, you cut them off from the equity markets, no ability whatsoever.
00:08:11.520 You cut them off from the SWIFT system, no ability at all to transfer money.
00:08:15.340 You cut them totally off, and then you seize their assets, and you start with where their asset is down at the Tesla factory in Austin of the fifth columnist, Elon Musk.
00:08:24.980 And now we're finding out today that there's a report, I think in BBC, I'll get it up later,
00:08:29.740 that no electric vehicles can be built in the world without really China signing off on, not just lithium in the rare earths, but other production capabilities.
00:08:38.880 And, of course, Elon Musk is over there over the weekend announcing a new part of a factory in Shanghai with his CCP paymasters.
00:08:50.600 Last night on BBC, I think BBC tech interview, Jack Posobiec was up.
00:08:55.240 And I might be in – I think I'm correct, but I might be proven wrong, but I think I'm correct.
00:09:00.560 I think he's up there for an hour and a half, not one question about China, not one question about China.
00:09:04.920 If it is, it was after I went to bed to sleep on a product of my pillow because I knew I had to be up early to work on the war room.
00:09:12.380 Okay, we've got a lot going on, but we should never take our eye off of the revolutionary change in human society, human civilization, human culture that's going on,
00:09:25.620 not just to fight for our sovereignty and all that.
00:09:27.620 But we're going to have Matt Gaetz here later.
00:09:30.860 Congressman Gaetz, we've got a lot to go through, not just the budget fight and not just his thoughts on these leaks,
00:09:36.860 but he's got a lot to say about young people and big pharma, these drugs that they're forcing on them, the mental health issues,
00:09:45.880 everything that's in back of these shootings.
00:09:48.740 Congressman Gaetz is going to be here.
00:09:50.280 We've got Cortez.
00:09:51.020 There's a print this morning on inflation.
00:09:53.320 We're going to get to all that.
00:09:55.100 Ben Harnwell will join us from Rome.
00:09:56.660 But I want to start with Joe Allen on artificial intelligence.
00:10:01.160 I keep saying that we're still within the first 90 days of this revolution.
00:10:06.320 Think how much turmoil it's had already, and we're less than 90 days in.
00:10:11.740 Joe, I think we've got a – I tell you, we've got a cold open for Joe.
00:10:15.420 Let's play the cold open for Joe.
00:10:17.200 It's about Ben Collins over at NBC.
00:10:19.060 Let's play the cold open, then we'll bring Joe Allen in.
00:10:21.300 Let's go ahead and play it.
00:10:21.920 Transhumanism is the belief that there are, like, aliens running the country
00:10:26.560 and that they're trying to get us to inject ourselves with COVID-19 shots, vaccines that are really computers.
00:10:33.020 It's, like, a very confusing, complicated thing.
00:10:34.920 For the listeners at home, on screen, we have tweets from one Ben Collins of NBC.
00:10:40.460 He says,
00:10:41.160 Today in AI panic from Steve Bannon's War Room, it makes demon summoning too easy.
00:10:47.880 He goes on to say,
00:10:49.000 I'm not sure everyone is ready for how unbelievably stupid the next two years are going to be.
00:10:54.940 Let's hear what Elon Musk and Eliezer Yudkowsky have to say.
00:11:00.620 I mean, with artificial intelligence, we are summoning the demon.
00:11:04.200 You know, you know all those stories where there's the guy with the pentagram and the holy water,
00:11:08.260 and he's like, yeah, you sure you can control the demon?
00:11:10.960 Then we're God.
00:11:12.400 Demon summoning is easy, and angel summoning is much harder.
00:11:16.220 Open sourcing all the demon summoning circles is not the correct solution.
00:11:20.300 I'm not even using – and I'm using Elon Musk's own terminology here.
00:11:23.620 They talk about AI is summoning the demon, which, you know, not accurate,
00:11:26.840 but – and then the solution was to put a demon summoning circle in every household.
00:11:30.420 Joining us now, NBC News senior reporter Ben Collins.
00:11:33.940 Am I doing something wrong here?
00:11:36.680 Here are some headlines that I wrote the last six months.
00:11:39.840 Fueled by the internet's far-right machine, anti-LGBTQ threats shut down trans rights and drag events.
00:11:45.140 Remember, there was a drag event happening in Colorado.
00:11:48.260 Doctors under threat from far-right activists for providing trans care.
00:11:51.320 Boston Children's Hospital faces bomb threat after right-wing harassment campaign.
00:11:55.020 There were three of those bomb threats.
00:11:56.460 A phalloplasty is a procedure to basically create a penis or a phallus for an individual who was born biological female.
00:12:08.800 Far-right figures appear to be testing Twitter's boundaries for anti-LGBTQ speech.
00:12:13.160 I want to hear how I can tell these stories better.
00:12:15.380 The urologists manipulate the tissues in the surrounding area to lengthen the urethra.
00:12:22.480 A new scrotum is created.
00:12:24.220 Tucker attacked my colleague, Brandy Zadrosny, who is co-biotic on almost all of these stories.
00:12:28.880 And he went right back into this idea that some they is trying to groom your kids, trying to sexualize your children, right?
00:12:35.900 Yeah.
00:12:36.340 Who's the they, first of all?
00:12:37.760 Yeah.
00:12:37.940 I'm Desmond.
00:12:39.140 I'm 11 years old.
00:12:40.840 I also do drag, and I love to put on makeup, dresses, and wigs.
00:12:46.580 And, of course, jewelry is necessary.
00:12:50.020 My full drag name is Desmond is Amazing.
00:12:52.520 I would say in some ways I changed my gender about as often as I changed my hairstyle.
00:12:57.160 What we're working on is creating a situation where people can create a mind file.
00:13:06.020 Everybody in the world, billions of people, will be able to develop mind clones of themselves that will have their own life on the web.
00:13:14.700 There are tens of millions of people working on writing code that expresses more and more aspects of our human consciousness.
00:13:22.920 One of the best ways to think about AI in general overall is that it's alien intelligence.
00:13:27.320 It's as if we had contact with another planet and we met aliens.
00:13:31.100 They're going to think differently than us.
00:13:33.520 Their usefulness to us would be that because they think differently.
00:13:38.360 Transhumanism is the belief that there are, like, aliens running the country and that they're trying to get us to inject ourselves with COVID-19 shots, vaccines that are really computers.
00:13:48.020 It's, like, a very confusing, complicated thing.
00:13:49.940 But he is an OG conspiracy theorist.
00:13:55.480 Okay.
00:13:57.800 Brother Joe Allen, tell us, we're not conflating.
00:14:00.920 I want to make sure, what is the linkage between this transgender ideology and transhumanism?
00:14:05.940 You've got 30 seconds before we go to break.
00:14:07.400 Very briefly, Steve, we hear from Martine Rothblatt, who is featured there, talking about the virtualization of the personality.
00:14:19.300 And the book that Rothblatt wrote, From Transgender to Transhuman, discusses how that virtualization cross-links between the transgender and transhumanist movement.
00:14:34.060 Sweet.
00:14:35.240 Okay.
00:14:36.300 Hang on one second.
00:14:37.360 We're going to go to break.
00:14:38.620 We've got Joe Allen on AI at the top of the show, where it should be.
00:14:43.460 We've got Mike Davis, amazing article on Fox, but also a lot going on.
00:14:48.220 Alvin Bragg getting not winning in New York right now with this federal judge.
00:14:53.660 Steve Cortez in the inflation print this morning.
00:14:56.020 A lot more going on.
00:14:57.060 Stick around here in the war room.
00:14:58.120 Inflation has consequences.
00:15:01.760 As the Fed raises interest rates to combat out-of-control government spending, long-term bonds have diminished in value, crippling banks.
00:15:10.580 Depositors are holding their breath, and investors are bailing on bank stocks.
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00:17:00.760 Okay, Joe Allen, here's why this is important, because Ben Collins is a smart guy.
00:17:05.280 Jack Posobiec would disagree with me with that, but hey, I've got my own beliefs.
00:17:08.560 Ben Collins is a smart guy.
00:17:09.400 He's got a big job.
00:17:10.700 He's head of digital for NBC News, and that's, you know, whether people like it or not,
00:17:15.280 it's one of the biggest, most important news agencies or news networks in the country.
00:17:19.660 Senior to MSNBC, which he's all on all the time, too.
00:17:22.840 But this flippant, glib dismissal of transhumanism, which AI is an important part, is we've got
00:17:31.760 to correct that.
00:17:32.880 The mainstream media is not going to be able to get away with this.
00:17:35.440 It's dismissing this as some sort of kook, guys with tinfoil hats about this.
00:17:39.760 This is, I believe, the most urgent issue we have to face.
00:17:45.200 And then yesterday it was announced that the Senate is trying to get together.
00:17:48.020 They're going to have a public comment segment on commerce to actually comment for the public
00:17:54.460 to comment on what regulations they have.
00:17:56.340 We're going to make sure you're going to get all dialed into that.
00:17:59.240 Michelle Bachman, in fact, tonight is going to be with us at 5 o'clock to talk about the
00:18:03.020 WHO and sovereignty and pushing that forward.
00:18:05.500 So we're on top of all these things.
00:18:07.160 We'll get more information to you.
00:18:08.400 But just give me your assessment, because you've been at this, and I know you're working
00:18:11.920 on a bunch of different projects behind the scenes.
00:18:14.400 The mainstream media has just not taken this seriously at all, and now it's kind of caught
00:18:18.900 up with them, and they're in panic mode.
00:18:20.560 Some dismiss it.
00:18:21.380 Others run around like it's cute.
00:18:23.300 It's far from cute, whether it's the war in Asia or in Ukraine or different aspects
00:18:31.140 of finance or education.
00:18:32.320 This is going to rip through, by the way, taking jobs, this is going to rip through society
00:18:37.360 and culture, of which we're not prepared for.
00:18:39.280 Joe Allen.
00:18:41.860 Steve, I think that someone of Ben Collins' stature should probably be able to recognize
00:18:48.980 a major political, social, and spiritual movement when he sees it.
00:18:55.260 Clearly, he doesn't.
00:18:56.360 And so, you know, aside from the fact that he was firing shots at us on Twitter, I thought
00:19:02.700 it would be important to educate him on what exactly it is he's covering.
00:19:07.280 So what we saw there, we saw a lot of talk about demons.
00:19:11.700 We saw a lot of talk about aliens.
00:19:14.320 And then, of course, we see a lot of talk about transgender people in the transgender movement.
00:19:20.100 And while they may seem disconnected on the surface, all of them represent something that
00:19:26.020 is very profound.
00:19:27.400 You have the transformation of the human being fundamentally, biologically, and psychologically.
00:19:34.780 And then you have this image of this inhuman intelligence that is invading our world, right?
00:19:40.960 So the demon-summoning circles that Elon Musk or Yudkowsky are talking about.
00:19:45.760 Or the sort of alien mind, artificial intelligence as an alien mind, as Kevin Kelly talks about
00:19:53.060 it.
00:19:53.400 This is very, very common language among people in Silicon Valley and certainly among transhumanists.
00:20:00.100 It doesn't have to be taken literally.
00:20:02.380 I know a lot of people do take it literally.
00:20:05.080 I don't.
00:20:06.280 Not necessarily.
00:20:07.040 So what's really important to focus on is that the reason those metaphors are used is
00:20:15.120 because this is an extraordinarily powerful technology.
00:20:19.460 Artificial intelligence and all the other technologies that branch out from it, from brain
00:20:24.500 computer interfaces to genetic engineering, all of these are extremely powerful technologies
00:20:31.680 that are going to transform us, certainly psychologically, certainly socially, and to some extent or to
00:20:39.540 a dramatic extent, biologically in the coming years.
00:20:43.080 And so to dismiss it on the basis of the sort of conspiracy theorist version of it, I think
00:20:49.900 it's very unfortunate for two reasons.
00:20:52.240 One, I think that it really does mock a lot of the people who are working really hard to
00:20:57.500 critique the technological system that really does threaten human freedom and human dignity.
00:21:03.980 And two, for those people who are watching NBC or MSNBC or any of these sort of vanilla
00:21:10.560 generic channels, it really doesn't allow their viewers to think through the problem on a deep
00:21:18.320 level because the problem of artificial intelligence and the problem of automation and the entire
00:21:25.300 apparatus that seeks to change human beings psychologically and socially has been a problem
00:21:32.480 for two decades.
00:21:33.680 It is going to be a much bigger problem in the next 10 years.
00:21:36.820 All of us need to be able to think this through.
00:21:41.920 Joe, how do we get, how do everybody, and I want everybody to go to our site.
00:21:46.140 It's all totally free and you get all the, you get all the back writings of Joe.
00:21:49.780 He's been at this for a couple of years now.
00:21:51.260 He's got a bunch of other big projects he's working on, but just, you need to immerse yourself
00:21:56.440 in this.
00:21:56.760 As we said, you're the vanguard, you're the cadre, you're the tip of the spear of making
00:22:01.540 sure this republic is saved.
00:22:03.260 And we need everybody up on the nomenclature and what we're talking about.
00:22:07.080 You need to do this because this is an, this is urgency.
00:22:10.500 The commerce department has announced they're going to have a public comment time.
00:22:15.900 We're going to get all the details and hopefully get it up on the five or six o'clock show today
00:22:19.480 to make sure everybody's up to speed on this.
00:22:21.120 Joe, how do people get to you, particularly Ben Collins?
00:22:25.540 You can find my latest article, Human Events, a link to it at the top of my social media
00:22:30.320 at J-O-E-B-O-T-X-Y-Z.
00:22:33.300 You can find it under the war, on warroom.org under the transhumanism tab.
00:22:38.560 You can find other stuff at JoeBot.X-Y-Z.
00:22:42.960 And the article, Steve, is about dancing with the digital undead.
00:22:48.020 Microsoft, Amazon, using people's data to create a sort of virtual zombie of them for
00:22:55.120 loved ones to keep around after the person dies.
00:22:58.500 Very eerie.
00:23:00.920 Very eerie.
00:23:02.380 But hey, we need everybody to get up to speed on this because it's going to be kind of,
00:23:06.340 what did I say, two years ago, it's going to be a big issue in 2024.
00:23:09.760 It just is.
00:23:10.340 The 2024 president election, the whole issue of artificial intelligence and transhumanism
00:23:15.320 is going to be a major part of this.
00:23:16.680 So we need this audience to get fully up to speed.
00:23:19.520 Thank you very much, Joe Allen.
00:23:21.180 Appreciate it.
00:23:21.780 Great work.
00:23:22.680 Thank you very much, Steve.
00:23:25.120 So Mike Davis, Mike, I've got, and you've got this brilliant piece up on Fox.
00:23:29.580 I'm going to get to in a moment about the DOJ and FBI's attack on the Catholics.
00:23:36.560 But I want to first, the Bragg, and I need you to explain this to the audience.
00:23:43.360 Bragg thought he was going to have smooth sailing here on his assault on Jim Jordan.
00:23:47.640 The judge didn't quite agree with him on this TRO, did he, sir?
00:23:51.780 Did she, sir?
00:23:52.860 No, so Jim Jordan is clearly within his constitutional power and duty to investigate what Bragg is
00:24:01.880 doing up in New York in the Manhattan DA's office.
00:24:04.620 He has politicized and weaponized the office.
00:24:06.720 He's using federal funds.
00:24:08.120 He's violating President Trump's civil rights, due process, and equal protection rights.
00:24:14.140 So Jordan is clearly over the target.
00:24:16.100 Alvin Bragg sued in federal court in New York City and just got handed his first loss.
00:24:23.020 The judge denied even a temporary restraining order, which is a pretty low bar.
00:24:28.540 So that goes to show you that Bragg's lawsuit against Jim Jordan is frivolous.
00:24:35.320 What that would mean for the audience is the judges say, hey, timeout.
00:24:38.360 No staff interviews, no nothing.
00:24:40.440 It's a TRO until you can come to court and argue this.
00:24:42.700 She basically said, nah, go about your business and I'll see you.
00:24:47.200 Let me check my calendar.
00:24:48.860 Oh, I'm free on the 19th of April, right?
00:24:51.120 Which is, correct me if I'm wrong, a day, a week after Jim Jordan is supposed to have
00:24:56.420 these staff interviews?
00:24:58.080 Yeah, so the judge is not telling Jim Jordan that he needs to cease doing his investigative
00:25:03.840 work.
00:25:04.480 That there's no chance that Alvin Bragg is going to win this case.
00:25:08.800 And if he somehow wins in New York, he will certainly get reversed on the appeal, whether
00:25:15.080 it's the Second Circuit or the Supreme Court.
00:25:19.960 The power of Trump and the Trump movement and what Mike Davis worked on in judiciary.
00:25:25.260 She's a judge that was appointed during President Trump's time.
00:25:28.500 I also, I want to make sure people understand what's going on from last night, because this
00:25:33.820 is quite important.
00:25:35.260 What Mike Davis was doing with Matthew Colangelo and what Stephen Miller in the American First
00:25:40.340 Legal and Jeff Clark explains about Mar-a-Lago in the 40 Request, they're the smart guys in
00:25:46.260 our side.
00:25:46.860 I want to make sure people understand how we're winning.
00:25:49.980 Don't listen to all the nonsense you see on MSNBC and our email where all this is all crap,
00:25:54.540 right?
00:25:54.720 Like it always is, like Russia, the walls are closing in.
00:25:58.500 What they're making the case is, Bragg and the DA in Georgia and the situation in Mar-a-Lago,
00:26:07.640 they're all interconnected back up at DOJ and then hardwired into the White House.
00:26:12.280 Is that essentially what we're talking about?
00:26:14.860 That is what these staff depositions are.
00:26:17.660 That's what Miller's reveal on the 40 Request of the special access.
00:26:22.220 It's a sophisticated way to get to the heart of the problem.
00:26:27.100 The heart of the problem, as you're going to show next segment on about the Catholics,
00:26:31.320 this all emanates from a corrupt and politicized and weaponized Justice Department that's
00:26:37.400 inextricably linked, not separated, but inextricably linked with the White House Counsel's
00:26:41.820 Office and Joe Biden's Oval Office.
00:26:43.900 Am I incorrect on that, sir?
00:26:45.800 You're 100% correct.
00:26:47.120 This goes right to President Biden.
00:26:49.440 President Biden is the one who had to waive President Trump's claim of executive privilege
00:26:55.400 in order for the Garland Justice Department to go to a biased magistrate judge who had
00:27:02.320 just recused six weeks prior from Trump's civil lawsuit based upon magistrate judge Bruce
00:27:07.300 Reinhardt's clear judicial bias based upon a Facebook post where he was bashing Trump
00:27:11.920 politically, Biden's hands are all over this.
00:27:16.440 It's going to come out.
00:27:17.520 And frankly, it is impeachable.
00:27:19.440 When you have President Biden working with his attorney general and his Justice Department
00:27:24.880 to take out his political enemy based upon political, bogus political charges, that is
00:27:32.040 the very definition of abuse of power.
00:27:34.860 And President Biden will face impeachment because of this.
00:27:37.860 You heard it first from Mike Davis, by the way, and noted that first time we did it was
00:27:44.200 yesterday, but you're absolutely you're absolutely correct.
00:27:46.920 And this is where this is why what Jordan's doing, judiciary is doing.
00:27:51.480 This is I know it seems like quite methodical, but you've got you've got a pincer movement
00:27:56.400 going on right now.
00:27:57.560 And this is going to be this is going to be a massive fight in a constitutional crisis.
00:28:02.840 Just wait for it.
00:28:03.680 OK, short commercial break.
00:28:04.600 Mike Davis has got a brilliant piece up on Fox News online this morning.
00:28:10.780 We're going to talk about that.
00:28:12.120 We've got Steve Cortez.
00:28:13.160 They had a print this morning on inflation.
00:28:15.440 We'll break it all down for you.
00:28:16.920 Matt Gaetz is going to be here.
00:28:18.700 We're wall to wall in the war room.
00:28:21.000 Just hang on.
00:28:21.500 Be back in a second.
00:28:22.140 In Joe Biden's America, criminals are exalted and the police are condemned.
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00:29:47.200 I'm going to get to the hearings in a second.
00:29:50.840 Remember, there's a great video made by Max Evans.
00:29:55.820 I've got it on my getter account we put up over the weekend about Hoke.
00:29:59.180 One of the guys, the FBI came.
00:30:00.640 I remember my interview with him.
00:30:01.960 They talked to folks in the interview.
00:30:03.480 He was chained like a dog for six hours.
00:30:06.900 This is a guy that would pray the rosary in front of these abortion clinics.
00:30:10.760 And of course, they chained him like a dog for six hours.
00:30:14.720 They're trying to break the hobbits.
00:30:16.500 They're trying to break the most traditional Catholic.
00:30:19.000 The Richmond, look, there's no conspiracy, no coincidence.
00:30:21.840 The Richmond field office, that parish, St. Joseph's, my parents helped start that
00:30:26.480 with a couple of Benedictine monks from over at the abbey of the prep school I went to,
00:30:31.340 Father Adrian, a couple others.
00:30:32.500 When Pope John Paul II and Bishop Sullivan okayed in the diocese to have a Latin, a traditional
00:30:37.900 tri-dead teen Catholic service, they formed a parish called St. Joseph's that did that.
00:30:45.140 That's what came out.
00:30:45.680 You know why?
00:30:46.280 Because these are the hobbits.
00:30:47.660 This is MAGA.
00:30:48.660 These are the most humble, most patriotic, working class or lower middle class, no money,
00:30:55.840 but super devout.
00:30:57.520 And the families with five, six, seven, and eight kids.
00:30:59.820 And the number of young people that went to the academy, particularly the Naval Academy
00:31:04.540 or West Point, who went to the Naval Academy and then became Marines later, was just incredible.
00:31:09.740 These are the best people in the world, and that's what the FBI is going after.
00:31:14.840 This is the weaponization.
00:31:16.680 Chris Wray and Merrick Garland are pure evil, 100% evil to their core.
00:31:23.700 They're not uniparties, not the swamp.
00:31:25.300 Don't give me any acute terms.
00:31:26.240 They're pure evil that are torturing and persecuting first century Christians.
00:31:31.140 And what you saw there, Mark Houck was chained like a dog and brought in with all those FBI agents
00:31:36.440 and I'll stay true for one simple reason.
00:31:38.780 I want this audience to fully understand it.
00:31:41.340 He's lived Christianity.
00:31:44.860 He doesn't talk about his religion.
00:31:46.660 He doesn't go to church once a week like most Catholics and most Christians.
00:31:50.680 It is his lived Christianity that brought him to be chained like a dog in that room.
00:31:58.180 And his victory is the victory.
00:32:01.160 If you study the martyrs, you study the saints, that's the victory.
00:32:04.260 They say it's the most powerful moment.
00:32:06.000 The most, you know, you talk to people, you read it.
00:32:08.080 The most powerful moment.
00:32:09.220 You flip it back on them.
00:32:10.740 This is first century Rome.
00:32:12.480 They're like the Nazis.
00:32:13.700 They're just like the Romans.
00:32:15.220 There's no difference.
00:32:16.120 And for the state troopers and the FBI agents and the U.S. Marshal, I'm just doing my job.
00:32:21.020 Hey, go back and look at the Nuremberg trials.
00:32:24.340 Just doing your job is not good enough.
00:32:27.960 When are you going to be back saying the rosary?
00:32:30.420 Next Wednesday, I get back on my regular schedule.
00:32:35.020 FBI, state troopers, U.S. attorneys, Merrick Garland, all of you suck on that.
00:32:40.140 Mark Houck, you're a good man.
00:32:42.880 Thanks, Steve.
00:32:43.680 God bless you.
00:32:46.120 So, Mike Davis, this is where they're coming after the hobbits.
00:32:51.340 I mean, these are the best people, the ones that got the five or six kids.
00:32:54.580 They're all working class or lower middle class.
00:32:56.760 They don't make a lot of money.
00:32:57.600 The family's everything.
00:32:58.560 They've never put career ahead of it.
00:33:00.240 Their kids are super patriotic, very squared away, looking in the eye, shake your hand,
00:33:03.940 got the firm handshake, the clear eyes.
00:33:05.780 And what I was most amazed about in the parish is that, and I came from, the abbey was, oversaw a military prep school run by the Benedictine monks.
00:33:16.340 And as much patriotism you had there and guys going to academies and going to serve all the time, over at the parish, that was the Tridentine right that was formed by a couple of monks, Father Adrian and others, who went over and did it.
00:33:28.860 The patriotism was even more.
00:33:30.180 These were, it was incredible.
00:33:31.580 And this is what's been targeted by our government.
00:33:35.280 Mike Davis.
00:33:36.600 Yeah, so we have, let's talk about the tale of two federal cases before the Biden Justice Department.
00:33:44.280 We had back in October of 21, Mark Houck is protecting his son, praying outside of an abortion clinic in Pennsylvania, and he gets into a scuffle.
00:33:56.160 And so the Biden Justice Department brought felony charges against him and sought 11 years in prison under the FACE Act.
00:34:04.340 Now, fortunately, the federal jury acquitted Mark Houck, but it just shows you that the Biden Justice Department is willing to go after Christians praying outside of abortion clinics.
00:34:14.480 Let's contrast that with what happened back in June of 2022, that we have this maybe nota out in the Western District of Washington, the Bellevue, Washington area.
00:34:26.520 So this deranged trans person attacked a Catholic church badly, spray painted, caused tens of thousands of dollars of damage, destroyed a statue in the church, assaulted a church worker, assaulted the police, terrorized an old lady praying.
00:34:47.160 So what did the Biden Justice Department do?
00:34:49.100 This is coming from the same civil rights division that runs these things under the FACE Act.
00:34:53.580 So the Biden Justice Department, for the nota case, did not seek a felony under the FACE Act.
00:34:59.540 The Biden Justice Department sought merely a misdemeanor, and then they let this nota plead guilty to a misdemeanor, and then they just did the most incredible thing.
00:35:09.900 They recommended zero jail time for this terrorist who attacked a Catholic church, a Catholic church worker, a Catholic, or a cop, a Catholic old lady praying in the church.
00:35:24.300 This shows that the Biden Justice Department has two standards, one for their crazy trans activists who are attacking Catholic churches, and one for Christians praying outside of the Catholic churches.
00:35:35.740 And I'll tell you, this leads right up to this Matthew Colangelo that we've been talking about.
00:35:40.840 Matthew Colangelo worked in the Associate Attorney General's office.
00:35:43.780 He is responsible.
00:35:45.380 He was responsible for the Civil Rights Division.
00:35:47.900 His hands are all over these cases.
00:35:49.780 What can be done about this?
00:35:56.500 What should the judiciary be doing about this?
00:35:59.540 I know it's the Weaponization of Government subcommittee, but this is out of control.
00:36:05.400 This is clearly going after people for their, not just religion, but deeply held religious beliefs.
00:36:11.180 What then can we do?
00:36:13.140 I would haul in the Biden Justice Department officials who are responsible, haul them in before the House Judiciary Committee, and ask them why we have two different standards.
00:36:24.120 I would haul in Associate Attorney General Vanita Gupta.
00:36:29.160 She's the number three.
00:36:30.580 I would haul in this Matthew Colangelo, who was the number two to the number three at the time.
00:36:35.660 I would haul in Kristen Clark, who was the head of the Civil Rights Division and still is.
00:36:40.300 And I would haul in Pam Carlin, the number two in the Civil Rights Division.
00:36:43.580 I would haul in those four senior Biden Justice Department officials, put them in a chair, and make them explain why we are going to sick the FBI and the full force of the Justice Department after Mark Houck,
00:36:56.820 try to put him in prison for 11 years for defending his son outside of an abortion clinic, praying.
00:37:02.260 And then we're going to turn a blind eye to this clear trans-terrorism by this nota who attacked a Catholic church, caused tens of thousands of dollars in damage, assaulted the Catholic worker, assaulted the police.
00:37:16.940 This is unacceptable that they're going to seek no jail time for nota and 11 years for Houck.
00:37:21.800 Okay, breaking news, and Mike, can you interpret this for us?
00:37:28.220 This is Punchbowl, and these guys are, I think it's Sherman, and these guys are insider insiders on Capitol Hill.
00:37:33.660 Huge newsflash, DNC cuts ties with Dems super lawyer Mark Elias.
00:37:39.680 You've got a theory of the case here.
00:37:41.080 This is breaking news.
00:37:42.040 By the way, Mark Elias, I know you hate Trump.
00:37:44.820 I know you hate MAGA, but you're a lawyer.
00:37:46.920 We want to hire you.
00:37:47.620 If they've cut you free, I want Mark Elias on our team.
00:37:50.140 Let me say it.
00:37:51.060 We need Mark Elias.
00:37:53.320 Mark Elias is a killer, a stone-cold killer.
00:37:56.460 Why is Mark Elias, this is a blockbuster news.
00:38:00.080 This is blockbuster.
00:38:01.360 You've got a theory of why this is happening, sir?
00:38:04.300 Well, something must be coming down from the Justice Department or something similar, because I can't imagine why the Democrats would want to get rid of their best lawyer in Mark Elias.
00:38:16.400 And, you know, Republicans butt heads with him, but Mark Elias wins, and he wins a lot.
00:38:22.560 Like you said, he's a killer.
00:38:24.020 So there has to be something major, major, major coming down for the DNC to cut ties from Mark Elias.
00:38:30.660 Remember—
00:38:31.160 Now, Mike, Perkins Coy cut ties.
00:38:34.340 Perkins Coy let his whole group spin off.
00:38:36.800 And Perkins Coy is up to the neck in all this.
00:38:38.540 But that was probably—people were saying maybe some of their corporate clients were getting a little scared that it was too aggressive, right?
00:38:45.060 But why would the DNC cut loose their super lawyer and do it in a way like this instead of saying, hey, he's going to do bigger, better things?
00:38:51.960 This looks like they've actually had a parting of the ways, correct?
00:38:55.000 Yeah, I mean, there has to be something big coming down, whether it's something in the legal process.
00:39:02.760 Who knows?
00:39:03.360 I mean, you know, Democrats are pretty—you know, they're pretty shameless when it comes to personal scandals.
00:39:09.600 So I doubt that that is the reason.
00:39:11.380 It has to be something that's legal.
00:39:15.600 Unbelievable.
00:39:16.300 Mike Davis, this piece is incredible.
00:39:19.020 People can get it on Fox.
00:39:20.340 I guess you tweeted that.
00:39:21.120 What's your social media?
00:39:22.120 How did they go to Article 3?
00:39:23.240 How did they get access to this piece you have up on Fox News?
00:39:27.220 So Article3Project.org, Article3Project.org, at Article3Project, at Article3Project, on Getter, Twitter, Truth.
00:39:36.500 And my personal is at MRDDMIA, MRDDMIA.
00:39:42.320 And thank you, Steve.
00:39:44.520 Audience, don't forget the signal here.
00:39:46.860 The signal is get it all back.
00:39:48.820 This is all going to be back to the interconnectivity, back to Merrick Garland and his—and the killers he has around him, because they're killers.
00:39:57.680 They're bad people, but they're killers, in the Justice Department, and then the hardwire back to the White House Council and the people around Biden and the White House.
00:40:06.560 This is the fight.
00:40:07.700 Mike Davis, thank you very much.
00:40:09.360 Thank you.
00:40:09.780 Honored to have you on here.
00:40:10.620 Cortez, I want to get to the Catholic stuff maybe in a while, but let's go—we had a print this morning on inflation.
00:40:21.380 Break it down.
00:40:22.140 What's the important numbers here about this, sir?
00:40:24.300 So, Steve, the headline number, 5% overall inflation, according to the CPI.
00:40:30.240 Many people, and I'm one of them, believe that that actually understates the reality of how bad inflation is in the country.
00:40:35.520 But nonetheless, if we're going to use official statistics, it is slightly less worse, OK?
00:40:40.740 Don't fall for the myth, the narrative out there that the corporate media will try to promote today that prices are coming down.
00:40:46.840 No, prices are still galloping higher, just not with quite the intensity as in previous months.
00:40:52.920 But it is still a terrible situation, and the devil's off in the details.
00:40:56.580 Let me give you some of the details here.
00:40:58.480 Because almost all of the break, the cooling of the rate of inflation was in gasoline, which was down 17%.
00:41:05.300 But if we look at shelter costs, up 8.2%.
00:41:09.180 That is the highest level since 1982, Steve.
00:41:13.000 The highest level in 40 years for shelter.
00:41:16.320 If we look at groceries, up 8.4%.
00:41:19.140 Electricity, still in double digits, up 10.2%.
00:41:22.540 And I would also stipulate, Steve, that those gasoline savings from last month are going to be very short-lived.
00:41:27.420 Because crude oil today, as we speak, is again above $80 a barrel, $82 a barrel right now.
00:41:33.360 It was $40 a barrel when Joe Biden was elected.
00:41:36.200 So the reality is the inflation situation is still terrible.
00:41:40.420 It's a bit less awful than it was previously.
00:41:43.460 And I would also stipulate the only reason that it's a bit less awful is because the economy is crashing so hard, particularly on the manufacturing side.
00:41:51.600 So by no means is this good news.
00:41:53.760 It's unfortunately more of the same and more of crashing real wages.
00:41:57.780 And let me show that to you in chart form, if we could, please.
00:42:00.680 If we can pull up chart number four.
00:42:02.440 This is real wages in the United States going back five years.
00:42:06.840 Real wages meaning what is your pay doing?
00:42:09.160 And if your pay is increasing, is it keeping pace with the increase in prices for the goods and services that you need in your life?
00:42:15.980 The unfortunate reality is, as of today, we now have 25 months, more than two years straight, of crashing real wages, as shown on that chart, where I highlighted the time that Biden took office, real wages began to immediately tank and has stayed negative ever since.
00:42:33.880 So, Steve, Americans are working harder to get poorer every single day under Joe Biden.
00:42:40.800 And that unfortunate reality persists for yet another month.
00:42:44.740 This is the worst streak in all of American history, not just the worst streak of the last five years or 10 years or since the 08-09 recession.
00:42:51.120 It's the worst streak in American history.
00:42:53.460 And it is caused, Steve.
00:42:55.060 It is a created crisis, not bad luck.
00:42:57.120 It's not the business cycle.
00:42:58.300 This is a created crisis by the policy failures of Joe Biden.
00:43:03.160 Real wages crashing.
00:43:06.280 The Financial Times of London has the IMF report.
00:43:09.380 The global economy faces hard landing if steep inflation persists.
00:43:14.340 IMF warns they actually have growth rates.
00:43:17.520 I'll talk to this, Steve, because I think, in Powell's view, he's focused on destroying wages to bring inflation down.
00:43:25.520 The growth rate the IMF has for the United States is 1.6% this year, and wait for it, 1.1% in 2024.
00:43:33.400 Basically, a no growth at the beginning of a lost decade.
00:43:36.420 We're going to get into all of it.
00:43:37.140 And Cortez is with us, short break.
00:43:39.260 Matt Gaetz coming in, be in the house in a little while.
00:43:42.100 Nobody thinks that I can take their house and borrow against the house.
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00:43:52.020 No, it's in my name.
00:43:53.660 Or he would have to get some special document.
00:43:56.020 They would call me.
00:43:57.500 You know, nobody's calling you.
00:43:59.160 After I've stolen the title, borrowed against it, or sold the property, it's 60 to 90 days to even figure out that they're the victim of this crime.
00:44:07.620 You know, by that point, you start getting foreclosure notices.
00:44:10.380 You've got four mortgages on your house.
00:44:12.280 You don't even own your home anymore.
00:44:13.600 It's not even in your name.
00:44:14.560 That's a convicted criminal confessing how easily a criminal can find, forge, and refile your home's title in his name.
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00:45:32.360 By the way, get to Getter, download it, you can get into a whole community.
00:45:35.200 I think last night for the Tucker, we did the Tucker, President Trump, very powerful interview.
00:45:39.520 As Tucker said, he went down with a whole, I think he was going to talk about Bragg and the court cases and all that, and it really focused on foreign policy, national security.
00:45:47.960 Very, very, very powerful.
00:45:49.960 And I think we had 30-some thousand people at the end.
00:45:53.000 I think it was.
00:45:53.660 I know we had 30,000 for the rest of the night.
00:45:56.120 My point is you get all the contributors.
00:45:58.460 You get all of our accounts.
00:46:00.080 You see all the information we're putting up.
00:46:01.300 We're trying to give you an immersive experience.
00:46:02.760 It's totally free.
00:46:03.640 I can use it, and I'm an idiot.
00:46:05.020 You should be able to also.
00:46:07.320 Also, we're going to go back to Cortez, but I want everybody to go.
00:46:10.820 Particularly Gates is going to be here.
00:46:12.020 We're going to talk about the New York Times piece and The Hill.
00:46:14.760 Everybody's got these stories now about the infighting that's going on about, wait for it, the debt ceiling and the budget because they're inextricably linked.
00:46:22.140 We're going to get into all that.
00:46:23.460 I've got the third installment from birchgold.com slash banner, the third installment at the end of the dollar empire.
00:46:29.400 This is the debt trap.
00:46:30.440 You've got to get this, immerse yourself in it, understand all the nomenclature and processes we lay out so that you can be not just the most interesting person at your next dinner party or when you're sitting in the stands at Little League or at the backyard barbecue, but part of the vanguard and the cadre that are saving this country because you're head of the creditors committee.
00:46:49.900 Also, you can go check on the IRAs, 401Ks, everything birchgold, all the services they have and the products and services, Philip Patrick and his team.
00:46:57.800 So go check it out today.
00:46:59.080 Steve Cortez, in a sick way, they're accomplishing what they – they're very upfront that they're trying to break – they think the way they have to do is break the wages of the working class and middle class in this country with the illegal aliens.
00:47:12.860 They've got to bring the wages down in your 25 months.
00:47:15.780 In their mind's eye, yeah, they're putting the country through a trauma, and they cause it from the spending, but it's a trauma they feel has to happen to bring inflation down.
00:47:25.640 Am I incorrect on that?
00:47:26.760 No, you're exactly right.
00:47:28.540 Unfortunately, it's sort of like the doctors of former ages when they thought that they were healing people by bloodletting, by bleeding them.
00:47:36.100 That's effectively what the Fed and far too many people in Washington, D.C. are advocating for right now.
00:47:41.220 They want wages to come down as the solution to inflation.
00:47:44.780 Now, the correct solution is the Fed reducing its balance sheet, okay, and on the fiscal side, the Congress enacting some actual fiscal sanity, some rationality regarding the exorbitant borrowing and spending that this country has engaged in for far too long, massively exacerbated, of course, by Joe Biden.
00:48:02.760 That would be the legitimate answer to an inflationary crisis.
00:48:05.760 But instead, what the ruling class in the United States proposes is let's put the answer on the backs of working people.
00:48:12.340 Let's make sure that wages come down enough to cool inflation.
00:48:16.360 They don't care that real wages, which is all that matters, that real wages have already been crashing for now more than two years.
00:48:23.880 And you're exactly right, Steve, to connect the dots between the economic failure and the national security and sovereignty failure of Biden's open border, one of the key reasons that the ruling class loves an open border is because an open border means lower wages for American citizens, which means fatter profit margins for multinationals and corporate conglomerates.
00:48:44.980 That is the reality.
00:48:45.900 So they are, of course, totally interconnected.
00:48:48.220 And by the way, on this theme of the small guy, the small business paying the price, we also got out terrible news this week from the National Federation of Independent Business.
00:48:56.940 The NFIB is the largest organization that represents Main Street small businesses in America.
00:49:02.600 And if we can pull up, please, chart number one.
00:49:04.380 I want to show you their optimism index, which came in at a very terrible 90.
00:49:09.940 That chart there goes back 10 years.
00:49:11.800 And as you can see, we are now at a lower level than we were during the lockdowns in the spring of 2020.
00:49:18.940 So think about that, Steve.
00:49:20.180 As harsh as things were then, especially for small businesses, which were almost uniformly shut down by those draconian and unscientific tyrannical lockdowns, things are now worse, according to small business operators, than they were in the spring of 2020.
00:49:34.720 We have now spent 15 consecutive months below 98, which is the 50-year average of this index.
00:49:43.000 We have a lot of history on this index from NFIB.
00:49:45.160 It goes back a half century.
00:49:46.560 The long-term average is 98.
00:49:48.640 We are at 90 now.
00:49:50.180 You can see, by the way, during the Trump boom before the CCP virus, it hit an all-time high near 110.
00:49:56.580 If we go to chart number two, more data, please, from the NFIB on small business.
00:50:01.600 They asked them a very simple question.
00:50:03.200 This chart goes all the way back into the 1980s, Steve, which I really love, to give you a lot of history and context.
00:50:07.960 They asked small business owners, is this a good time to expand?
00:50:11.360 Very simple question.
00:50:12.220 Is it a good time to expand?
00:50:13.820 Right now, all-time low, Steve.
00:50:17.240 Two percent.
00:50:18.520 That is it.
00:50:19.260 Two percent of small business owners say that this is a good time for them to expand.
00:50:26.140 That is atrocious.
00:50:28.060 That is an absolute crisis right now in America.
00:50:31.420 So don't be fooled by corporate media.
00:50:33.500 Don't be fooled by even the business media, which only carries water for the Biden administration.
00:50:37.980 The reality on Main Street right now, the reality for small business, which has always been the lifeblood, the dynamism of America's economy.
00:50:46.440 The reality is harsh.
00:50:47.840 Inflation has crushed them at the same time that growth is slowing dramatically.
00:50:54.220 So, listen, price is truth.
00:50:56.200 Charts are truth.
00:50:57.400 This is the reality, the truth of the American economy, as seen by small business owners in this country right now.
00:51:03.060 We are in a crisis.
00:51:04.300 When you have, right before you bounce, this does not take into account the credit restriction.
00:51:12.960 Correct.
00:51:13.280 Access to credit is shrinking dramatically.
00:51:15.640 All-time drops in March.
00:51:16.960 It's going to get worse in April and May.
00:51:18.840 That is going to affect all the local real estate because that's going to get crushed.
00:51:23.380 But it's also going to affect the consumer because they're going to call, hey, your $5,000 credit line, it's really $2,000.
00:51:28.360 Give me, where's your $3,000 check?
00:51:30.300 But also small businesses are going to get eviscerated.
00:51:32.420 Am I incorrect, sir?
00:51:33.980 You're 100% right.
00:51:35.440 And listen, all of us, even if you don't think you're involved in commercial real estate, you do have exposure to commercial real estate for exactly the reason you cited there, Steve.
00:51:43.040 Because it is leading the risks of commercial real estate.
00:51:45.940 In 2008 and 2009, the risks were in residential housing market.
00:51:49.280 In this case, it's in commercial real estate.
00:51:51.440 And even if you don't think you're directly exposed, the reality is there is a credit crunch going on.
00:51:57.340 The loans simply will not be there for individuals and for small businesses, especially from the regional banks.
00:52:04.060 1.5 trillion has to be refinanced.
00:52:06.260 We'll get on to that later.
00:52:07.600 Steve Cortez, thank you.
00:52:08.480 How did it get to your Substack now that Elon Musk is suppressing it?
00:52:11.560 How did it get to your Substack and your social media?
00:52:14.220 You bet.
00:52:14.820 SteveCortez.Substack.com.
00:52:16.720 Please see me there for my new article, The Syllabus of Economic Errors.
00:52:20.440 I'm also on Twitter, at CortezD.
00:52:24.420 Thank you very much, brother.
00:52:26.420 Appreciate it.
00:52:27.140 Steve Cortez.
00:52:28.360 We're going to break down later today.
00:52:29.740 I think we're trying to get Navarro today, tomorrow, to break down the inflation data some more.
00:52:34.480 Thank you, brother Cortez.
00:52:35.740 Make sure you go check him out on social media.
00:52:37.640 In his Substack.
00:52:38.980 Okay, 90-second break.
00:52:41.220 Congressman Matt Gaetz is in the house.
00:52:44.000 In the war room.
00:52:44.900 Next.
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