On today's show, Stephen K. Bamb stops by the War Room to talk deficits, debt, inflation, and the future of the country. He's joined by his good friend and long time friend, Dave Brett, to talk about all of this and much more.
00:03:14.000If you want to save this country, and that's why you want to be popular, if you want to be popular, you're in the wrong business right now if you're looking for elective offices.
00:03:35.000Yeah, just building off what you've been saying and the idea that even the congressmen who you think are powerful are just little chess pieces.
00:03:43.000Denver wants to put up the first chart.
00:03:45.000It just shows the latest on inflation.
00:03:47.000But the real talk here, what I'm going to show you is all of this is political in nature, right?
00:03:53.000So the Federal Reserve, the smartest guys in the country, a half year ago telling us inflation is transitory.
00:04:46.000That's going to come into play with what I'm about ready to go to.
00:04:50.000Anyway, the lag just means that sugar high, the government, the Feds don't want you to see the real economy because it's a corpse, as we pointed out for two years.
00:05:00.000The real economy is just the real stuff you make.
00:05:05.000That was going to get hit hard with the bank credit crisis.
00:05:10.000Now the Fed just pumped a ton of money in there, which stabilized the markets, the financialization piece, the fake part, for probably another three to six months.
00:05:21.000Next slide just shows what we've been saying.
00:05:26.000All the smartest guys in the world, the Fed, this is from Deutsche Bank, Larry Summers agreed with it.
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00:16:50.000Yeah, well, what you just said summed it up and was inspirational.
00:16:54.000And so what the War Room needs to do is get out to your neighbors, your church groups, your community groups, and spread the word.
00:17:00.000If anyone right now is saying words like moderate or our folks need to compromise after you just heard that rant on where this country stands in terms of deficits at a trillion dollars already this year.
00:17:15.000It's going to be two trillion by the time it's over.
00:17:17.000This is a global crisis constructed in large part by the communists, China and Russia, and the endless war crowd, and the global elites.
00:17:26.000And Europe right now is having a credit crisis that we're headed toward.
00:17:30.000So you always get a preview if you go take a look at Europe.
00:17:33.000And then China is having credit crisis issues with a bunch of their trade partners right now.
00:17:37.000So that's going to crack up the banking system.
00:17:40.000You're going to have a sovereign debt crisis.
00:17:45.000The Fed economist said in the notes on the Fed last meeting that a contraction of lending, of credit, and you're going to see this, young people are going to see this in credit cards, is going to tip us into recession.
00:17:58.000Of course, you're going to have a major credit contraction here, a credit contraction that's going to exacerbate this.
00:18:15.000The lead story on Politico this morning, but I think Alexander Burns is this thing about Lula's going to lead this global effort against Trumpism.
00:18:24.000And I'm down there, you know, I'm the buried leader.
00:24:23.000And why are they heading for the border and turning themselves in?
00:24:26.000Because they say, they tell me, that all their friends and relatives who did it are being allowed in to New Jersey and New York and Washington, while the administration is putting out official press releases and making statements that this is cartel disinformation is why they're coming.
00:24:53.000I just want to make a frame for the audience.
00:24:54.000The whole thing of the app, and we're going to be able to process you in a humanitarian, all that stuff we're going to do in the country so there's no more the bridges with the Haitians in Del Rio.
00:25:19.000Well, the administration's denying that they're letting anyone in, but the immigrants are telling me all their friends and families are sending them selfies from New York and New Jersey.
00:25:28.000And the video you're seeing right there is the new optics of the collapse of this whole process, CVP-1, the app, all of that.
00:25:38.000None of these people are waiting for it.
00:25:40.000And they're denying it at the White House.
00:25:43.000And, you know, listen, the Dallas Morning News had a reporter over there who reported that this is Breitbart News' fault for putting out false disinformation to all these people saying that they're getting in.
00:25:59.000They're on my Twitter feed from the immigrants.
00:26:02.000I've got more than a couple saying we're doing this because they're letting all our friends and relatives into New York and New Jersey just like always.
00:26:12.000And there you see them getting on the buses.
00:28:10.000By the way, Mayorkas and Biden and Merrick Garland should not be just simply impeached for this, these lies about destroying our sovereignty.
00:28:21.000Julie Kelly is going to talk to you about the prisoners, what's going on in the Fed's direction, as only Julie Kelly can report it next in The War Room.
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00:30:07.000Go up the learning curve now on the debt crisis, the de-dollarization, the loss of the prime reserve currency, how it's going to impact you, your family, your children, your grandchildren.
00:31:05.000This ruling that went down, are we seeing actually some sunlight now where actual rational judges are coming in and making some determination on some of the underpinnings of what they've got these men and women locked up for, ma'am?
00:31:20.000So what you're talking about is the appellate court ruling that was issued last Friday.
00:31:25.000And it was a very muddled, what one judge called it, splintered ruling.
00:31:31.000It was 107 page ruling that kind of went all over the place related to the use of obstruction of an official proceeding.
00:31:38.000This is a post Enron scandal law that was intended to close a legal loophole for tampering or destroying evidence in a criminal or congressional investigation.
00:31:50.000This felony has been weaponized by DOJ.
00:31:55.000More than 300 people face this obstruction felony.
00:31:58.000It is punishable by up to 20 years in prison.
00:32:01.000But what happened was you had a Biden appointed judge who I think probably should have recused herself, Florence Pan, who basically reversed the dismissal of this charge by one district court judge.
00:32:16.000And so it goes back to that he has to reverse his order that dropped this charge against three January six defendants.
00:34:02.000Because is it all these guys at the Proud Boys or the true Oath Keepers, whoever these groups are, are most of these federal agents are on the federal payroll?
00:34:12.000If I read your stuff correctly, and it makes my head blow up that I get this.
00:34:16.000I just text you and say, I got to get you on the show.
00:34:20.000Are most of the people that you're reporting coming out are actual federal agents or on the federal payroll, ma'am?
00:34:27.000Well, not certainly not the people who are on trial right now.
00:34:31.000What you're referring to is five members of the Proud Boys who are on trial.
00:34:35.000I think it's going into their third or fourth month trial for seditious conspiracy.
00:34:40.000But what is coming out in the trials is the use of multiple FBI informants who were either Proud Boy members and flipped to work with the FBI or they were run into this group.
00:34:54.000It's very unclear, Steve, because almost all of the documents related to the use of FBI informants are under seal.
00:35:03.000And even those records that have been produced to the defense are redacted.
00:35:07.000And Judge Tim Kelly, as you and I have talked about this man, an absolute disgrace to the bench, is allowing DOJ to get away with whatever they want to in terms of concealing this information, not just from the public, but from defense attorneys as well.
00:35:23.000They just keep producing more and more late discovery, even now related to undercover D.C. metropolitan police officers who, Steve, not only were embedded in the crowd playing clothes, they were acting like Trump supporters.
00:35:40.000One of them is heard on his own camera urging people to go towards the Capitol, keep going, keep going, he's saying.
00:35:47.160The other two undercover agents with him are saying, you know, whose house, our house, USA.
00:35:54.600They're chanting along with Trump supporters to make it look like they're part of the crowd.
00:35:59.100So we just keep getting this slow drip of information about undercover officers and informants who are embedded in the crowd or in these key militia groups months before January 6th.
00:36:13.660And no one is putting these pieces together.
00:36:16.180Certainly it was not the January 6th Select Committee, but there's no excuse why House Republicans are not putting these pieces together as we speak.
00:37:29.560They need to be worried about what's happening here because, Steve, they're arresting people, new people, every single week.
00:37:35.960In fact, back to that obstruction charge, a man who refused to take a plea deal on a misdemeanor, two years later, Steve, they just indicted him for obstruction, a felony, two years later.
00:37:46.840That's how they're leveraging these counts because House Republicans are not doing their job, their oversight job, and the district court judges are nothing more than a rubber stamp for whatever the government wants to do.
00:38:00.640Meanwhile, you're going to have – we already have 1,000 criminal defendants.
00:38:05.440Matthew Graves has warned that that number will double before he's finished.
00:38:53.640So, I mean, I speak for a lot of people to say we are very disappointed in the inaction by House Republicans so far.
00:39:01.180Is anybody else – I know people aggregate you, but is anybody else out there in media doing the original reporting that you are doing and following these trials, ma'am?
00:39:12.420There are some other really good reporters out there.
00:39:15.080I point people to Joe Hanneman at Epoch Times.
00:39:18.300He's really doing some granular work, and I bet he would be a great guest for you to have on.
00:39:24.880So I know that there are other people behind the scenes who are doing some other investigative work.
00:39:30.220But, no, the conservative media, for the most part, also is completely ignoring this.
00:39:36.520And I don't think it's really malicious.
00:39:38.360I just think if you haven't been on this since day one, it's very hard to jump into it now and try to put your arms around it, right?
00:39:46.160And plus there's so many moving parts every single week that you can't really get the back of the way.
00:39:50.680Have you been – has anybody on the Hill reached out to you to have you just come over and give an hour briefing, a couple of slides?
00:39:57.740Have you been approached by anybody on the Hill?
00:40:05.460And how was the response – we don't need to name names, but how was the response to that?
00:40:08.880I mean, there are some members who are extremely interested in rooting out the truth about January 6th and some other areas of FBI corruption.
00:40:19.900There are others who say that they are and they're not.
00:40:24.200So – and I do understand that, you know, they're inundated with crises, you know, what you're just talking about on your show.
00:40:31.300But look, aside from the open border, what is happening in this January 6th prosecution, what happened before January 6th, the agencies who were involved –
00:40:42.220Steve, I just posted a screenshot today.
00:40:46.260Chad Wolf, Trump's department DHS secretary, told the January 6th committee that the Department of Defense was the lead agency coordinating calls and activity before January 6th.
00:41:00.640In fact, committee members, including Adam Schiff, were so stunned that they asked him again to repeat it because others had said the DOJ was the lead agency.
00:42:04.460Other people have supported that account.
00:42:07.440I'm not so sure that Chris Miller is totally accurate there, and I spoke with him myself.
00:42:12.540There were high-level calls that involved DOD, not necessarily him, but staffers as well.
00:42:20.760And Mark Milley himself had told the January 6th committee he was even surveilling the Proud Boys, that he was on some of these calls demanding that law enforcement take a bigger role or coordinating it, so much so that one mocked him and said, thank you for your interest in domestic affairs, meaning butt out.
00:43:17.060I don't care if it's uncomfortable for these country club Republicans, because when you see they're going after the Christians, they're going after the Catholics, they're going after the right life, everything, if you don't nail them on this, they're not going to be nailed.
00:43:28.700You've got to take it wherever it goes.
00:43:31.800Wherever the truth and the facts take you, you've got to go there.
00:43:35.540This is why it's a time of testing and a time of choosing.
00:43:38.120And you've got the courage and the stones to do it, or you don't.
00:46:25.040I'm on Twitter a lot, posting updates about trials, motions that are being filed, transcripts, snippets that I think just continue to shed light on what will be the biggest scandal, I believe, in American history.
00:47:33.040I'll talk about that with you afterwards.
00:47:34.720By the way, Joe Biden's over there, that greaseball son of his, greasing up and giving the Irish a terrible name because it's such a greaseball.
00:47:42.280Julie Kelly, that's one tough Irish female Celtic mick.
00:48:38.580DeSantis is the Trojan horse, everybody.
00:48:40.880He's over there trying to put two bills through to make it easier to sue people for defamation when you speak out, and it's disgusting.
00:48:50.400He is disgusting sitting, meeting with Dominion lawyers, amongst other things.
00:48:55.320But these bills that he's trying to put through to me, you know, it'll get to the point where you won't be able to badmouth the governor of Florida or you'll get sued.
00:51:37.200I guess it's because, Steve, I stand for truth and getting to the bottom of these elections and fixing so we have elections and not selection.
00:51:45.900Somebody very much fears that we ever that we get to elections here and not have selections.
00:51:52.120And and I think it's all it's all somebody ordering the code red to cancel Mike Lindell.
00:51:59.120You know, tomorrow tomorrow I'm going to break down the CNN article with you on here.
00:52:03.280But tell me right now, the toppers are blowing off the shelf.
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