Bannon's War Room - April 24, 2023


Episode 2683： Blocking The Rise Of The Debt Limit


Episode Stats


Length

55 minutes

Words per minute

172.18884

Word count

9,564

Sentence count

675

Harmful content

Misogyny

12

sentences flagged

Hate speech

5

sentences flagged


Summary

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

In Washington, Rep. Kevin McCarthy says he will have the votes to pass a bill this week to raise the U.S. Government's $14.3 trillion debt ceiling. But will it pass and what will that mean for the economy and the debt ceiling?

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:01.000 This is the primal scream of a dying regime.
00:00:06.000 Pray for our enemies, 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.
00:00:18.000 I know you've tried to do everything in the world to stop that,
00:00:20.000 but you're not going to stop it. It's going to happen.
00:00:22.000 And where do people like that go to share the big lie?
00:00:25.000 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.
00:00:42.000 War Room. Here's your host, Stephen K. Bannon.
00:00:46.000 In Washington right now, House Speaker Kevin McCarthy says that he will have the votes to pass the GOP debt limit later this week, his bill in the House.
00:01:01.000 The plan would increase the debt ceiling by one and a half trillion dollars, and it aims to cut four and a half trillion dollars in spending over the next decade.
00:01:08.000 For a look at what's ahead, we want to bring in Judd Gregg, who served as both governor and senator of New Hampshire.
00:01:14.000 Also, Donna Edwards, who's a former congresswoman serving Maryland's fourth district.
00:01:19.000 Thank you both for being here.
00:01:21.000 Donna, why don't we start with you? 0.99
00:01:22.000 You don't think that this is something that's going to get resolved anytime soon.
00:01:27.000 No, I really don't.
00:01:28.000 I mean, I expect, you know, take a look at that window between the July 4th recess and the August recess.
00:01:35.000 And that's when I expect the heavy lifting is going to happen.
00:01:39.000 Kevin McCarthy, the speaker, is not serious with this proposal that he's put out because he knows that President Biden is not going to agree to a set of spending cuts to his major priorities of the first term of his administration.
00:01:54.000 So it's not serious.
00:01:55.000 I expect that it's going to go to the Senate where the heavy lift is going to happen and then come back to the House.
00:02:03.000 There'll be a set of Senate negotiators, I believe, you know, bipartisan to get to 60 votes.
00:02:09.000 That's going to send a debt ceiling increase during that time period over to the House. 1.00
00:02:16.000 Judd, I take it you probably think neither side is being very serious at this point.
00:02:21.000 Yeah, right now we're in a political position.
00:02:24.000 The McCarthy plan, Donna appropriately points out, probably isn't viable for the Democrats.
00:02:30.000 And the president's position is sort of foolish, really, when you think about it over the over time when there's been divided government.
00:02:37.000 We've always had negotiation on default on the default language and the extension of the debt limit.
00:02:43.000 But I think where I disagree with Donna is I think the time limit may be off.
00:02:47.000 Revenues are so down here in April that it's very possible in June we could run into this fall.
00:02:54.000 And as a result, these parties have to get serious.
00:02:57.000 Now, ironically, a group in the House of bipartisan people have put forward the exact answer that they should pursue.
00:03:03.000 The problem solving caucus has suggested setting up a commission like Simpson-Bowles, but only with legislation.
00:03:09.000 This time it would have legislative authority, which would come back with a proposal.
00:03:14.000 Let me and if if if the production crew can just but hold it right there, because that's Judd Gregg.
00:03:20.000 We're going to bring that back because that shows you the feckless Republican Party that got us in this situation.
00:03:25.000 Let's have a commission. Let's have a study and let's give them a clean lift on the on the debt ceiling. 1.00
00:03:31.000 It is a Monday, 24 April year of early 2023.
00:03:34.000 You're in the war room.
00:03:36.000 We've got a lot to get through today, a lot of wood to chop.
00:03:38.000 And we're going to start chopping right now with Russ Vogt.
00:03:41.000 Russ, where did we where do you think we stand?
00:03:45.000 Look, what I appreciate Speaker McCarthy having heard cats of putting this initial plan together.
00:03:52.000 But if memory serves me correctly, your plan cut 17 trillion dollars out.
00:03:58.000 I think in the first 10 years ago, so balanced budget, this cuts four and a half tree.
00:04:02.000 And the center of gravity of this doesn't seem to me McCarthy's plan to actually rein in spending and cut the debt ceiling.
00:04:10.000 It looks a lot of it is about going after the Green New Deal. 0.76
00:04:14.000 Hey, which I'm all for, too.
00:04:15.000 But it's it's not at the depth and it does give them a tree and a half dollar lift.
00:04:19.000 Let's talk about the plan first.
00:04:21.000 Your thoughts on that.
00:04:22.000 And then let's get into where we actually stand in this process, because this week and next week are going to be quite a dogfight.
00:04:28.000 Let me zoom in on that specific point about the merits of it.
00:04:31.000 So my plan to get to balance in 10 years was 10 trillion dollars in savings over 10 years.
00:04:38.000 It wasn't 10 trillion dollars in the first year.
00:04:41.000 And so what this plan, the reason I support it is because if you're thinking about how in divided government, where you pick the fight, you pick it on the woke and weaponized bureaucracy.
00:04:51.000 And of my plan, we had three trillion dollars in discretionary savings.
00:04:57.000 That's what this plan does.
00:04:59.000 This goes, it puts hard caps in law every year and forces the fight this year, has a four and a half trillion total in cuts and savings.
00:05:08.000 A trillion of it in the first year, things like cuts, the bureaucracy, the Inflation Reduction Act, Climate Green New Deal, student loan bailout, work requirements on food stamps and Medicaid, which is I think is the best place to go to start on mandatory spending.
00:05:25.000 So that's I think setting the terms for going on offense.
00:05:30.000 And I think the clips you're showing is the cartel and the regime media getting their handle over what they didn't expect to happen.
00:05:37.000 They thought that McCarthy would never govern from the right and put on the floor as the first opening salvo a package that would get people like me to support it.
00:05:48.000 And he's got the moderates on board because you have other people out there like Judd Gregg.
00:05:54.000 And I did have to laugh just because of the just clear ridiculousness of talking about commissions and nonsense when the real fight is the bureaucracy.
00:06:03.000 And for the first time in a generation, we have a chance to go after that with the leverage point of the debt limit.
00:06:11.000 Let's just go back through that. I want to make sure you walk everybody through so that they're aware of this.
00:06:15.000 Let's talk about the down because everything we talked about is no increase in the debt ceiling at all.
00:06:19.000 But the types of cuts you need in year one that if you do it appropriately, you don't even bump up to the debt ceiling.
00:06:26.000 You can do your prioritization of payments schedule and we get home free.
00:06:31.000 It's tough. It's got to be managed. Treasury is going to, you know, whine about it constantly, but it's doable.
00:06:38.000 And that's what we have to do in a bankruptcy. And this is essentially what we've got.
00:06:42.000 Walk through the elements of McCarthy's plan block by block so people can actually understand where these cuts are coming from.
00:06:49.000 Sure. First and foremost is the three and a half trillion dollars in cuts to discretionary spending,
00:06:55.000 which is the normal government spending that is funding the agencies, the woke and the weaponized bureaucracy.
00:07:01.000 That's only one hundred and thirty billion, one hundred fifty billion in the first year, depending on where defense lands.
00:07:06.000 It's about one hundred fifty billion dollars. But over ten years, that's three and a half trillion.
00:07:11.000 That, in my mind, is the biggest fight. That is what I'm most excited about.
00:07:15.000 But you also have about two hundred seventy one billion dollars in repeal to the Inflation Reduction Act.
00:07:21.000 You get sizable amounts by eliminating the student loan bailout, which is the amounts to about seventy five basis points that the Fed would otherwise have to raise rates.
00:07:30.000 You have repealing all the unobligated covid money.
00:07:34.000 You have the repeal of the IRS expansion for the agents to go into middle class Americans and people with with companies under their own name.
00:07:44.000 You have it's very hard to come up with a package that would be this good.
00:07:51.000 There is a lot that we need to do to get our fiscal house in order, including going after the non Social Security, Medicare mandatory programs.
00:08:00.000 But where do we want to start the debate and have Biden in a position where he can't get out of the canyon without doing what we need to do?
00:08:10.000 I believe this gets that job done. And let me just speak a little bit to the notion of do you have to increase it at all?
00:08:17.000 I from a standpoint of preventing default. No, you do not. OK, you have to.
00:08:23.000 Biden could ensure with the revenues coming in that he could pay interest and trade in principle on the debt.
00:08:30.000 But beyond that, it does get lumpy as to do you have enough on a month by month to be able to deal with defense, Social Security, Medicare veterans.
00:08:39.000 And so that is that's the reason why you use the leverage points to be able to get your wins across.
00:08:48.000 The lumpiness is why you need some version of a debt limit.
00:08:52.000 But that doesn't mean that the initial strategy we've had from day one, which is you're not getting a debt limit because we have enough to ensure the full faith and credit of the United States.
00:09:02.000 You are not getting that unless you go forward and pass our cuts.
00:09:07.000 So that is why I believe this this merits the support of House Republicans.
00:09:11.000 And I think they'll get that later this week. OK, let me just go back to that.
00:09:17.000 This is this gets to be the shift in nomenclature.
00:09:19.000 We warned people about in Janet Yellen when she keeps saying you have to pay your bills, you have to pay your bills.
00:09:24.000 Paying, keeping the full faith and credit of the U.S. government and paying off the securities, the interest in the face amount are very different than paying contractors that in any bankruptcy you got to stretch.
00:09:34.000 So I want to go back just to the lumpiness.
00:09:36.000 Has Treasury given you their best case?
00:09:41.000 I understand it may not be accurate, totally accurate, right, because money is going to come in on tax, you know, people paying their taxes, etc.
00:09:47.000 But has Treasury come forward and presented in this process anything that you can actually look at and say, OK, let's look at the lumpiness.
00:09:56.000 And if it is lumpy, then maybe you do. Maybe there is an argument for giving a slight increase.
00:10:00.000 But have they come forward and shown any mathematical model, any financial model to McCarthy's people or yourself or any of the people working on this that you can actually ascertain what their best thinking is of the lumpiness of how cash comes in?
00:10:13.000 No. And that's going to be something that we need to continue to call on them for.
00:10:18.000 I mean, what we have is historical models and a sense of how this has worked on a month by month basis throughout the year.
00:10:27.000 And that's in some of the third party groups out there that work on this is their number one issue.
00:10:32.000 And so that's where that's the debate that we need to have.
00:10:36.000 And I believe that Republicans, once they've passed this, they are now in the ability to say, we're going to go over.
00:10:42.000 We're going to go over. If the X date, you haven't given us the finals, put forth a plan.
00:10:48.000 You haven't chosen to negotiate. And they have that ability to do that and have that long extended debate and have the country be on their side because they have put forward a plan to deal with our fiscal house and get it in order.
00:11:02.000 Let me go back to two things. So people just so people I understand people understand it.
00:11:08.000 Matt Gates has been talking about the work requirements. You've been talking about the work requirements.
00:11:12.000 Matt has said that that's another trillion dollars to fully implement another trillion dollars over the 10 years.
00:11:18.000 But big cuts in the first two years. What's your is that included in the three and a half or four and a half trillion?
00:11:27.000 Is that fully baked in all the work requirement cuts? Because, remember, if people don't meet the work requirements, the obligation goes away.
00:11:34.000 So is that is that already baked in the four and a half train or that be something on top of?
00:11:39.000 There is a work requirement savings in that four and a half trillion.
00:11:43.000 I think it's about one hundred and thirty billion dollars.
00:11:46.000 The trillion dollars to get to that level of savings, you have to really begin to reform Medicaid, as I've proposed,
00:11:54.000 and get people who are adults without children off of the Medicaid program.
00:12:00.000 So to get to those larger numbers, you've got to tackle Medicaid, which our budget does.
00:12:05.000 And that's why the president has attacked me personally about it.
00:12:08.000 And we're happy to have that debate. But this this package does include those work requirements, which is a very, very important debate to have.
00:12:16.000 And I think it's one of the things that I know Matt pushed for in this package.
00:12:22.000 And I'm glad he did, because we need to have that debate about how to get people off of the sidelines and off of the social safety net.
00:12:29.000 Let me ask you about that. Is Medicaid even in his hundred thirty billion?
00:12:35.000 He doesn't have the whole train, but in his hundred thirty billion.
00:12:38.000 Do you have to have legislative changes to Medicaid to get that?
00:12:41.000 Or can you do that in this budgeting and then appropriations process?
00:12:46.000 Or is it like Medicare and we understand Medicare and Social Security off the table?
00:12:50.000 Is Medicaid already baked into law?
00:12:52.000 Is it just federal regulations that we could take care of it in this process?
00:12:58.000 Both.
00:12:59.000 So Medicaid is part of this package and part of this work requirement.
00:13:04.000 That's a statutory law that comes in and overrides the current auto program of Medicaid, which works like Medicare.
00:13:12.000 But also it was going to need to be something that we take a look at throughout the next few years for purposes of getting the massive amount of spending that that program has and get it under control.
00:13:29.000 And let me just go back to one thing you said, Steve, about the notion of default.
00:13:33.000 You're absolutely right that the full faith and credit of paying interest in principle is not the same as timely payment of every one of Tony Fauci's grants to the Wuhan Institute.
00:13:44.000 And that's the debate they're going to want to have.
00:13:46.000 They're going to want to argue about the meaning of default.
00:13:49.000 And we've just got to call them on it and just say you're playing word games.
00:13:52.000 No, I think this is very important.
00:13:55.000 This is very important.
00:13:56.000 That's what we we played Janet Yellen last week.
00:13:58.000 They've shifted the conversation.
00:14:00.000 They keep going, oh, you have to pay your bills.
00:14:02.000 Well, paying your bills is very different than the full faith and credit of the United States.
00:14:06.000 Absolutely.
00:14:07.000 You have to make all the interest payments.
00:14:08.000 You have to make any principle payments, particularly stuff that's going to roll over.
00:14:12.000 But then you get down to the discretionary part of this and particularly discretionary.
00:14:15.000 Some of these social welfare programs, you know, absolutely.
00:14:20.000 You can extend it.
00:14:21.000 People do this in bankruptcies all the time.
00:14:22.000 Russ, I know you've got to bounce, but just hang on to get a couple more questions after the break.
00:14:26.000 We're kicking off the week and where this huge, massive debate is going to be.
00:14:30.000 We want to make sure the war and posse is fully up to speed on all the inside baseball.
00:14:34.000 Also, Frank Gaffney and Karen Siegman.
00:14:37.000 We had this amazing conference over the weekend.
00:14:40.000 World War three, the early years.
00:14:42.000 We're going to frame what happened and talk about all week.
00:14:45.000 We're going to be rolling out content from a short commercial break.
00:14:47.000 Russ Vogt, Frank Gaffney, Karen Siegman on the other side.
00:14:51.000 We will fight till they're all gone.
00:14:54.000 We rejoice when there's no more.
00:14:56.000 Let's take down the CCP.
00:14:59.000 Inflation has consequences.
00:15:01.000 As the Fed raises interest rates to combat out of control government spending, long term bonds have diminished in value, crippling banks.
00:15:10.000 Depositors are holding their breath and investors are bailing on bank stocks.
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00:16:32.000 Our host, Stephen K. Bannon.
00:16:36.000 Okay.
00:16:37.000 What was it? The raison d'etre of this show is to make sure that working class and middle class citizens in our nation
00:16:44.000 get all the information that you see in The Economist or The Financial Times of London or The Wall Street Journal to make sure it's broken down.
00:16:51.000 And so not only do you understand it, that you can then use it in your personal life and then use it in the activities you do to save your community and save your country.
00:17:00.000 One of our sponsors, Birch Gold. Go to birchgold.com slash Bannon.
00:17:05.000 Get right now The End of the Dollar Empire, the third installment, all of them free.
00:17:10.000 It's all about the politics of money, the end of the dollar empire, the politics of money.
00:17:14.000 You need to make sure you fully understand how money and power are intertwined in the imperial capital of Washington, D.C.
00:17:21.000 Once you understand that, you can then start to deconstruct the administrative state and actually have a victory without bloodshed against the Chinese Communist Party.
00:17:31.000 But you have to understand it first.
00:17:32.000 Go to birchgold.com. The third installment is the, wait for it, The Debt Trap.
00:17:37.000 We talk everything about the debt ceiling, how we got here, what the fights have been before, and kind of talk about a path going forward.
00:17:43.000 Russ Vogt is our guest, one of the leaders of this movement to get to a balanced budget and to save not just the Republic, but the dollar.
00:17:51.000 Russ, are these, because you've been, the reason people love you and you come on here, by the way, we got Jeff Clark on in the second hour,
00:18:01.000 and he was amazing on the show on Saturday talking about the EPA and the electric vehicle and all this madness that's going on.
00:18:08.000 Your group just does such a great job of being very straightforward with people.
00:18:13.000 Is this cuts, real cuts, or are we just in the game of cutting the rate of spending?
00:18:19.000 I see we're going to go back to 2022 numbers, but that was increases over past years.
00:18:25.000 It's one of the arguments against them.
00:18:27.000 And then we're talking about slower growth rates.
00:18:29.000 So, in your mind, are we getting to real cuts here in the Leviathan's budget, sir?
00:18:37.000 This is real cuts.
00:18:39.000 This is going back to a 20% cut on non-defense, which I have to explain that.
00:18:44.000 When you keep Department of Homeland Security a little bit higher, you keep veteran spending, that's a non-defense agency.
00:18:50.000 What does that amount to?
00:18:52.000 That amounts to 30% cuts to the Department of Education, the Department of CRT.
00:18:58.000 That amounts to 30% cuts to the NIH, which is funding Tony Fauci's gain-of-function research, CDC, that promulgated the pandemic that we know and bled for as a nation.
00:19:10.000 50% cuts to foreign aid, basically just leaving real diplomacy in place that you don't have Bob Dylan statutes in Mozambique or funding gay activists in Senegal, LGBT activists in Senegal.
00:19:22.000 Over and over, you have examples of woken, weaponized government that we get rid of if we have a fight this year.
00:19:29.000 That's $150 billion in the standpoint of trillions of dollars.
00:19:33.000 It doesn't sound like that much.
00:19:35.000 But that's what looks like 30% cuts to these agencies that will deal a mortal blow to the bureaucracy.
00:19:43.000 And then you cap that and have only a slight growth that allows you to be able to keep funding defense or have closer to flat levels of funding for defense.
00:19:53.000 You grow that for 10 years, and you get $3.5 trillion of savings.
00:19:58.000 Now, is that savings on the basis of how Washington, D.C. shows numbers?
00:20:03.000 Yes, it is.
00:20:05.000 But the way that Washington, D.C. also shows numbers is partly how we know we have trillion dollars and upwards of $2 trillion in deficits.
00:20:12.000 And so we work within the current system.
00:20:15.000 Part of it is totally screwed up based on anyone who is coming from a business or a normal field of accounting anywhere else.
00:20:23.000 But we present to you the realness of those cuts and the best way to account for them.
00:20:30.000 And we have $4.5 trillion of savings in this, I believe.
00:20:34.000 And we're excited about that.
00:20:36.000 And I think that's what people need to know.
00:20:37.000 Yes, you're giving up something.
00:20:39.000 You're giving up a year, but what are you getting for in the standpoint of leverage when Biden needs this to pass?
00:20:49.000 And if you're on the other side, and I love coming in here and getting skeptics because we need more skeptics in this country.
00:20:55.000 The reason why I think you put forward something now is because if you hold back constantly and then the markets spook, you're only going to have two or three people that hold the line.
00:21:06.000 You've got to be able to put forward this is what we are for.
00:21:09.000 And if that is what you're for is actually what's needed to get the country in the right direction, I believe it is.
00:21:16.000 Now you've got the moral high ground to be able to fight over the next several months with with Biden.
00:21:22.000 And this will be a running fight all the way through 2024, the way it's structured.
00:21:28.000 Russ, where do people can they go to your site and actually get the breakdown in your language of exactly what we're talking about?
00:21:34.000 Yeah, absolutely. They go to America renewing dot com.
00:21:39.000 We have a fact sheet on the package and they get my statements and they can, of course, get me at all the social media channels at at Russ vote.
00:21:50.000 And particularly getter and on Twitter, you're up all the time.
00:21:54.000 I know that I'm with the the hardcore war room.
00:21:57.000 We're still not give a penny and do Russ votes, prioritization of payments and massive cuts.
00:22:02.000 But I'd like at least I like the direction of we're taking a stand and telling the moderates it can't be any commissions that we've got to stop all the nonsense.
00:22:10.000 I just think that you given the million and a half or next May, whatever comes first, given the collapse of the economy, it's going to be up on us again.
00:22:19.000 If you prove this, we're going to be back at this right after the appropriations process.
00:22:23.000 So the good news is we put this front and center.
00:22:26.000 We also have to make sure they can't run, you know, start to blame.
00:22:30.000 Oh, the economy is slowing down because of this. The economy is not slowing down because of this.
00:22:33.000 One of the reasons it's so tough to get to a deal here is because the economy is imploding.
00:22:37.000 They just put 11 banks. Moody's just downgraded 11 banks and put them on watch regional banks because of the Biden disaster.
00:22:45.000 So it's a disaster across the board. Russ, one more time.
00:22:48.000 Where do they go? Where do they go to find out your breakdown of this McCarthy plan?
00:22:52.000 America renewing dot com is our website and we'll do everything we can to highlight that breakdown on the site so they people can find it.
00:23:04.000 Russ, fantastic. Last question. When do you think the voting will start?
00:23:07.000 Do you think the end of this week, early next week?
00:23:09.000 Wednesday or Thursday. It'll happen this week, assuming he has the votes.
00:23:13.000 And, you know, some folks are still coming home, but it's probably Thursday, but possibly Wednesday.
00:23:19.000 Russ Vogt, thank you. Honored to have you on here.
00:23:23.000 Thanks, Steve.
00:23:25.000 202-225-3121 is the House.
00:23:30.000 202-224-3121 is the Senate.
00:23:34.000 We want everybody to call now and to give your two cents.
00:23:37.000 Maybe go to Russ's site and look at the proposal McCarthy has.
00:23:40.000 I'm still a hard core.
00:23:42.000 Don't give them an inch.
00:23:43.000 Don't give them a penny.
00:23:44.000 Make them fight for this.
00:23:46.000 I think there is even a better deal out there.
00:23:48.000 And we've got to drive this.
00:23:49.000 We've got to drive a stake in the heart of the administrative state.
00:23:52.000 And we have to start now.
00:23:54.000 And it's all chips on the table because this is going to be incredibly important to vote this week.
00:23:58.000 We've got to make sure our voices are heard.
00:24:00.000 But go check Russ's out.
00:24:01.000 I think Russ makes a lot of great comments about Kevin McCarthy's got a very difficult job hurting all the cats.
00:24:07.000 We just got to make sure they have an anchor here, an anchor to Windward.
00:24:10.000 And that is the war room, right?
00:24:11.000 That's our job is to make sure that we're, we not just understand it, but take the hardest line possible.
00:24:18.000 Frank, so there's a very special event over the weekend.
00:24:21.000 There's really the start of a process to inform our fellow citizens, not just MAGA, but our fellow citizens about, you know, we're like in 1938 or 37 or 38, back in the 20th century.
00:24:34.000 And it was only Churchill was out there then.
00:24:37.000 We have a whole team of people out there, some of the greatest voices and thinkers in our movement.
00:24:41.000 We had World War III the early years by the American Freedom Alliance.
00:24:45.000 Karen was on Saturday.
00:24:46.000 Frank, you were one of the keynote speakers.
00:24:48.000 Give us your assessment, particularly the fact that this is just firing off the football.
00:24:52.000 Every day this week, we're going to be taking parts of the conference and actually laying them out to people so they can come force multipliers.
00:24:58.000 Give me your assessment.
00:24:59.000 You've done this for a long time.
00:25:00.000 Give me your assessment of the weekend.
00:25:03.000 Well, first of all, let me just say I thoroughly appreciate that maritime reference to an anchor to Windward.
00:25:09.000 That is what the War Room is, Steve, and God bless you for being it.
00:25:12.000 And thank you for essentially helping Karen Sigman, the fabulous director of our American Freedom Alliance, to conceive of this program.
00:25:24.000 It was really, I call it War Room West.
00:25:27.000 We had the all-star cast from the War Room national security team in place.
00:25:33.000 Everybody was on their game.
00:25:35.000 Karen, of course, does a great program, but she helped the rest of us, I think, make the kinds of points, Steve, about where we are.
00:25:45.000 I noted that maybe it's the early years of World War III, maybe it's the only years of World War III.
00:25:54.000 And wonderful opportunity to, let's see if I can get this in focus, promote the War Room.
00:26:01.000 This book, one, it's not showing up because it's blurred for some reason, but it's the indictment.
00:26:07.000 We talked about it a lot.
00:26:09.000 A lot of people bought the sneak previews, in fact, of the book, which, of course, as you know, Steve, as you have given us the foreword as well as the imprimatur of the War Room, it is the book that explains the indictment that can help us take down the Chinese Communist Party.
00:26:29.000 And I'm with you on trying to do it without firing a shot.
00:26:32.000 We did it once before with the last totalitarian communist regime that sought the destruction of this country, the Soviet Union, thanks to Ronald Reagan.
00:26:41.000 And the strategy we are pursuing here, promoted by the counterpart to the Committee on the Present Danger of Reagan's years, is the Committee on the Present Danger China's strategy of using delegitimization and the actions of both indicting in the court of public opinion, at a minimum, this transnational criminal organization, 0.52
00:27:06.280 and better yet, taking a series of 20 identified actionable steps that are needed, starting with ending the, well, travesty of having the elite capture of America's, you know, top leaders across our country's, you know, business, finance, academic, media, culture, and, of course, political.
00:27:36.280 And, Steve, you were on your game as well, I want to say.
00:27:40.400 It was very disappointing, of course, that you couldn't be there in person, but, and despite some technical difficulties, your Q&A, particularly with the posse that was very much in evidence out there, was really the pièce de résistance of the whole program.
00:27:57.280 And I just want to thank you and thank Karen for letting me be part of it.
00:28:00.440 I was proud to be so.
00:28:03.040 Frank, you're amazing.
00:28:04.120 Give social media how they get to your site and how they get to the book.
00:28:08.820 The social media is Gaffney, at, not all the platforms.
00:28:16.060 It is also securefreedom.org, presentdangerchina.org, and securingamerica.tv.
00:28:23.980 Thanks so much.
00:28:25.280 The indictment is the book.
00:28:26.740 Frank Gaffney, thank you.
00:28:27.860 Karen Siegerman, Colonel Derek Harvey next.
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00:30:04.160 Okay, welcome back.
00:30:12.960 Every bye-bye, they saw Bed Bath & Beyond collapse in bankruptcy.
00:30:17.420 Not just bankruptcy.
00:30:18.200 I think it's a Chapter 7 where they're going to liquidate it.
00:30:21.200 Of course, I put up all weekend on Getter mocking them about when they kicked Mike Lindell out.
00:30:26.300 But that's when things really started going the wrong way for them.
00:30:29.840 Of course, the left came back.
00:30:30.980 Oh, it was Amazon.
00:30:31.880 It was this and this and this.
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00:31:00.040 It's just extraordinary.
00:31:01.720 Mike Lindell is taking a little time off.
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00:31:12.300 So make sure you check it out.
00:31:13.200 Also, I really want to thank, we're going to figure out how to do something special for everybody who came, although we're in posse, that came to L.A. this weekend.
00:31:21.060 So hopefully we'll be getting out to California sometime, maybe in June.
00:31:25.060 We'll figure it out.
00:31:25.600 We'll get a date.
00:31:26.220 But I really appreciate everybody showing up.
00:31:28.260 And I really appreciate everybody coming to me and saying, hey, when are you going to start doing the afternoon show again?
00:31:33.420 Natalie's fabulous.
00:31:34.760 She does an incredible job.
00:31:36.380 But I had meetings last week.
00:31:37.840 And starting today, I'll be back on double duty doing the five and the six.
00:31:41.940 We've got some very special stuff going on.
00:31:44.260 Natalie's going to be doing a bunch of special reports for us, particularly on these investigations that are going on in Capitol Hill.
00:31:50.720 We also have some, she may be making some changes here to actually make our coverage in Washington, D.C. even sharper.
00:31:58.380 We'll get to all that later in the week.
00:32:00.400 I want to bring in Karen Siegerman now from the American Freedom Alliance.
00:32:04.880 Incredible.
00:32:05.320 I never could envision it would be this great, the World War III, the early years.
00:32:10.940 It was needed to kind of set the intellectual framework for our construct of what's actually going on.
00:32:18.300 It was so powerful.
00:32:19.300 And I really want to thank the Warren Posse that showed up.
00:32:21.620 The feedback I got from people was just incredible.
00:32:24.420 So, Karen, the key is just because it's a conference, now we're really going to start.
00:32:28.860 We're going to start pushing out the content.
00:32:30.240 We're going to start pushing out the speaker.
00:32:31.480 Why don't you go through what your assessment is of the opening weekend of this process of informing the folks in the United States.
00:32:39.500 The Chinese Communist Party has already started coming to war with us in World War III.
00:32:43.640 And quite frankly, this will be a global conflict.
00:32:45.780 And unless we start getting very focused right now, both foreign and domestic, that this is a conflict we actually could lose, ma'am.
00:32:54.940 I have to say it was an absolutely astounding weekend.
00:32:58.380 And it would have been an astounding weekend wherever we had held it.
00:33:02.320 The fact that it was in Los Angeles just made it extra, I don't know, poignant in a way, delicious in another way.
00:33:11.060 To be, you know, we all living here, we sort of feel we're behind enemy lines.
00:33:15.440 And for so many of us, we had well over 200 people, close to 300 people converging on Los Angeles for this purpose to learn about or to learn more about World War III, as you had framed it, the early years.
00:33:30.500 And I heard Frank say, and he had said this at the event, maybe it's the only years.
00:33:34.580 And this is exactly the issue.
00:33:36.700 We have to make sure that we recognize that we have, in fact, been at war, or at least they have been at war with us.
00:33:46.840 And the issue is too many of us have not even been aware that we're already losing a fight, or even worse, that the elite capture by the CCP of the United States governance, many of our industries and so on, they've already been captured and already been playing for the other side.
00:34:08.620 So the point of the conference was to highlight the threat of this, the direness of this threat, the urgency of acting, of making sure that not only the people in the room, but as you had noted, the American people generally, and also this is global, this isn't American War III, this is World War III, and they've been waiting for some time.
00:34:33.160 Many of the points that were made, yes, it's China, wars don't look the way they always had, and we need to be very cognizant of that.
00:34:43.820 The very notion of unrestricted warfare is key.
00:34:47.180 When you've already lost and you haven't even been aware that you're fighting, that's one of the aspects of unrestricted warfare.
00:34:55.900 To address that, we had General Robert Spaulding, who wrote Stealth War, which is a great description going into more detail and more accessible of the two Chinese colonels, I believe, who wrote the book Unrestricted Warfare, and that includes absolutely everything.
00:35:13.880 But the entire range of speakers that we had were absolutely the A-team on national security, on the economy, we added Ed Dowd, on AI, we had Joe Allen, we had Rima Lebo on health security.
00:35:33.700 So, we touched on whatever you can do in two days, we really packed an unbelievable amount of information in there, and we gave our speakers generally about half an hour to really develop their view, their vision, their thoughts about the threats that we've been facing, starting with Frank Gaffney, who you just had on, which was fabulous.
00:35:58.580 So, here's what we're going to do. We're going to get clips. All week, we're going to put clips out and have the actual speakers on. We're going to develop this and then push it on social media.
00:36:09.020 The first thing is to make sure all the war room posse is fully up to speed on this. Once we have that, then the concentric ring goes out to the rest of the conservatives and Republicans and then to your neighbors and your friends, and they will be, I think, quite absorbed by this.
00:36:22.020 So, this is going to be a massive effort over the summer every day because there's so many different aspects of this. Everything from fentanyl coming across, you know, John Mills has got a plan to interdict the fentanyl traffic down with the Mexican cartels.
00:36:35.500 People have ways to go economic warfare and defeat this and clean out Wall Street. There's other people talking about the woke and weaponized administrative state that's been infiltrated. It's the universities. It's all of us.
00:36:47.440 So, this is a multi-front, multi-dimensional, and I tell people the three things. To me, it's about the scale of it.
00:36:54.380 It's a global conflict from Brazil to the Caribbean. Number two is the urgency of it. We're already in the first couple of years, so they've declared war on us.
00:37:02.280 And the other is the uniqueness of it in that never before has the United States been faced with a conflict where not an insignificant part of our elites, they call it elite capture.
00:37:14.180 I almost think it's elite merger, that our elites and our leading institutions are essentially in partnership or nothing less than a fifth column working with the enemy.
00:37:24.300 Absolutely. That's the scale and the complexity of this, and that's why I was so proud of the – so how can people – where do they go right now to find out more?
00:37:31.160 We had the great one sheet, but I know we're getting clips out. We're going to have – in fact, Brian Kennedy is going to join us in the afternoon show.
00:37:39.740 How do we – where do we go right now? Where do people go right now to get more information?
00:37:44.500 Go to the American Freedom – well, not that – AmericanFreedomAlliance.org, and we'll be putting our videos up on Rumble.
00:37:52.820 I'll be posting things on Getter. The clips will be coming up shortly, but we also put up the entire content, again, on Rumble.
00:38:02.820 The range of speakers was astounding. We'll be making, of course, more clips that have greater punch rather than the entire thing.
00:38:13.520 All of it will be up there on our Rumble channel, American Freedom Alliance.
00:38:19.020 And, yeah, you know, the urgency – that's the panel that Frank Gaffney led at the very end.
00:38:24.620 You see Brian Kennedy, General Spaulding, Trevor Loudon, and Dave Walsh talking – this was the concluding panel talking about what do we do now, which I think is, you know, key to all of this.
00:38:37.620 And I love that we're going to be releasing this over the summer, over a longer period, because when you think about two days to cover World War III, it's –
00:38:49.200 We did a tremendous job, I have to say, for two days, and it's great for that to be just the beginning.
00:38:57.900 It's like an introductory chapter to a big, very serious book, but we're going to get into all of it.
00:39:04.080 By the way, I just want to make an aside for I bring Derek Harvey in.
00:39:06.840 When I did Q&A, and I did about an hour of Q&A, they had a little technical problem, but I did Q&A, which I think people will hear.
00:39:12.380 I want to make sure people understand this.
00:39:13.700 Somebody asked about Robert F. Kennedy and, you know, the great speech at Hillsdown, his opening speech, and what did I think about his prospects?
00:39:20.640 And I said, look, I'm a Carrie Lake person, but if Carrie Lake is, you know, becomes governor, as she should, if this court case or if not, she runs for the Senate, if she's not available to be Trump's VP, that Bobby Kennedy would be, I think, be an excellent choice for President Trump to consider.
00:39:35.160 It was a standing ovation.
00:39:36.180 I think that that, I think people, and this was a hardcore, this was a very hardcore MAGA war room posse crowd.
00:39:44.940 I think that that is a signal to the political elites in this country that something very different is going on, and that was quite extraordinary.
00:39:52.140 But Karen, thank you.
00:39:53.240 Look forward to having you back on and all the speakers this week and next week.
00:39:56.620 Thank you, ma'am.
00:39:57.200 Thank you so much.
00:39:57.720 Thank you for doing it.
00:40:00.020 Extraordinary event, World War III, the early years by the American Freedom Alliance.
00:40:03.760 Like I said, Brian Kennedy is going to join me this afternoon.
00:40:07.260 Brian's going to be in the 5 o'clock show.
00:40:08.620 I think we're actually going to do it for the 5 o'clock.
00:40:10.000 We'll get into it all.
00:40:11.440 Also, Todd Bensman.
00:40:12.420 I think we're trying to get Todd for the 6th.
00:40:13.800 I've got Derek Harvey.
00:40:15.900 Derek, breaking news, and I know we've got things to go through with you.
00:40:19.740 Remember, Derek was at the, he was, first off, he was over there as the senior guy for Devin Nunes on the House Intelligence Committee,
00:40:27.160 and then he was in the White House on the National Security Council for President Trump,
00:40:31.040 and as one of the most revered individuals in the U.S. Army,
00:40:36.320 and particularly the work he did in Iraq to kind of save us there.
00:40:40.260 Derek, it's just announced Susan Rice is stepping down from the White House just a couple days before Biden announces his candidacy.
00:40:49.640 Give us your assessment of what's not just Susan Rice, the person, but what she represents as far as the administrative state in the deep state, sir.
00:40:58.600 Well, I think Susan Rice, you know, I've been looking at this and trying to figure out who's been really one of the key consigliaries
00:41:07.380 for everything that is being orchestrated from the Biden White House.
00:41:11.220 And, you know, I think that she's kept a very low profile for the last two and a half years,
00:41:17.500 but she's been absolutely critical to shaping and pushing the Biden agenda, whether it's across the economic domain,
00:41:25.220 they pushed a partner with China on electric vehicles and shifting and dramatically changing our economic basis
00:41:34.520 and the capitalist structure in our country and the overreach on the regulation.
00:41:38.720 Now, why is she leaving now? I don't I don't know. 0.97
00:41:42.440 There have been a number of things that have dropped.
00:41:44.960 And I I just wonder, I'm speculating right now,
00:41:47.740 is there something that might be about to drop in the news about her ties to something that our congressional investigators are digging into
00:41:57.240 that goes back to her role during some of the shenanigans in the in the Obama administration or working with the Biden team?
00:42:08.600 She's been absolutely critical and she's so closely tied with the Obama team and it's been involved in,
00:42:14.900 you know, a number of foreign policy roles in the past, too.
00:42:19.200 So I don't know what's going on, but I know, Derek, when people what people say that Biden is really the third term
00:42:29.020 and the more radical term of of Obama, what they're talking about is Susan Rice.
00:42:34.840 I mean, Susan Rice is she's like Eric Holder.
00:42:38.060 Eric Holder and Susan Rice were the two senior advisors to to President Obama.
00:42:48.860 And she was both international affairs, national security.
00:42:52.460 And now she's had her hands and she's had her hands in everything. 0.97
00:42:56.820 She's about as she is about she's the poster girl for the administrative slash deep state. 1.00
00:43:02.380 Am I wrong in that?
00:43:03.980 No, you're absolutely correct.
00:43:05.220 And and she represents that Obama wing of the Democrat Party that still has firm control over the Biden White House
00:43:12.760 and what is going on by the Biden administration right now.
00:43:16.500 The other wing is, you know, the Hillary Clinton wing and the old Bill Clinton wing of the party,
00:43:22.880 which is, you know, at its low ebb, I think, right now within the party.
00:43:28.460 And she represents that tie to the Obama team, which really has been orchestrating everything.
00:43:36.100 OK, we're taking a short break.
00:43:37.280 Colonel Derek Harvey is going to join us on the other side.
00:43:41.080 We also have Jeff Clark.
00:43:42.460 We're going to talk more about these unbelievable regulations coming out on really trying to radical transformation
00:43:48.660 of American society and culture around the economy and net zero carbon.
00:43:53.620 Also, he's going to give us a report about East Palestine, Ohio.
00:43:57.600 A lot more to go through.
00:43:58.560 Back in a moment.
00:43:59.380 Colonel Derek Harvey in the war room.
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00:46:20.360 Look, I think Governor DeSantis is doing a very good job as governor.
00:46:23.720 And my recommendation is that he should finish that and get ready for 2028.
00:46:27.800 Of course, he and President Trump are into it now with his back and forth about Florida and about all that.
00:46:33.200 But today, I think he's leaving.
00:46:35.380 And in a couple of days, he's leaving for a trip to, like, Israel and then Japan and Korea.
00:46:39.000 And it's just bad timing.
00:46:41.980 It's a bad look.
00:46:42.920 I understand you want to go over and, you know, be able to say, hey, burnish my credentials by, you know, going over and cutting trade deals or talking about deals for Florida.
00:46:55.040 But it's just a bad look, particularly given where everybody is right now in this primary and what's going on.
00:47:00.420 I think it's just a bad look.
00:47:02.640 And, you know, one of the hits is that you don't have enough international experience.
00:47:07.320 You're not going to get it by some ridiculous, quick and dirty, go shake a few hands in South Korea, go shake a few hands in Japan. 0.98
00:47:15.400 That takes a long time of involvement and engagement and understanding what's actually going on here.
00:47:22.200 And I think the way that you saw the flip-flopping on Ukraine, I thought the first part about Ukraine was fantastic.
00:47:27.360 But you see the flip-flopping in Ukraine, it's going to take a lot more study, a lot more thinking.
00:47:31.840 You just can't wing this.
00:47:33.580 You know, we're in the early days of the Third World War.
00:47:35.800 A war has been declared on us by our enemies and are being supported by a fifth column here in this country. 0.99
00:47:40.860 The Larry Finks of the world, the Wall Street Titans, Sequoia Capital, the venture capitalist.
00:47:46.760 A guy who knows that better than anybody is Colonel Derek Harvey.
00:47:49.260 He's one of the brightest guys in the America First movement, somebody that President Trump has really depended upon.
00:47:54.040 And someone will play a huge role in the second term.
00:47:58.280 Colonel Harvey, she's Susan Rice as being a poster girl for the administrative state and the deep state. 0.99
00:48:04.480 Just define that for the audience because I want to talk about how you have this interlinking thing of consultants,
00:48:09.160 venture capitalists, financiers, big tech, all of it, that all kind of work in unison.
00:48:15.420 So walk us through it, sir.
00:48:16.920 Well, I think we've had, you know, over the last eight years, a pretty good inside-out game by the Democrat Party,
00:48:24.220 the DNC, the campaigns, and this government in exile,
00:48:28.980 where Democrats land in places like Beacon Global Strategies or the Atlantic Council or Brookings
00:48:36.880 or one of the other think tanks around D.C.
00:48:40.460 or even at University of Pennsylvania where Biden and his team planted the flag.
00:48:47.740 They, you know, when you look at this, you know, let's just use the example of Beacon Global Strategies.
00:48:54.820 Now, seven of the signers of those 51 Intel, former Intel people who signed that letter
00:49:02.800 saying that the Post story about the Hunter laptop was Russian disinformation,
00:49:09.000 seven of those people came from Beacon Global Strategies
00:49:11.900 to include current Secretary of State Blinken, Mike Morrell, Andy Shapiro, Jeremy Bash,
00:49:20.220 a number of other people, okay, that, and then you look at who these people are
00:49:25.920 and who they're married to, this inside-out game.
00:49:29.060 You know, Secretary Blinken's wife, now, understand this.
00:49:36.700 She worked for Vice President Biden when he was Vice President.
00:49:40.760 She ran his campaign in 2008, his failed presidential campaign.
00:49:47.800 She works in the current Biden White House.
00:49:52.220 This is Secretary Blinken's wife. 0.74
00:49:54.820 She worked for the Clinton Global Foundation, okay,
00:49:58.600 and was the scheduling secretary for First Lady Clinton.
00:50:03.400 If you looked at Peter Strzok inside the FBI or Lisa Monaco,
00:50:08.260 let's go back to Peter Strzok, for example.
00:50:10.180 Peter Strzok's wife is head of enforcement for the Securities and Exchange Commission.
00:50:15.920 She's the one that's investigating and holding up the Trump social financial organization progress 0.98
00:50:24.660 and access in the merger that they're going through.
00:50:28.100 And this has been delayed by her for, what, 18 months now, with no movement whatsoever.
00:50:35.540 These people are planted in these organizations around D.C.
00:50:39.620 They're married to each other.
00:50:40.860 They're in the same groups.
00:50:42.940 You look at Lisa Monaco and the FBI.
00:50:46.680 She and people like her at DOJ are not enforcing American law.
00:50:54.080 Commerce Secretary Gensler is not enforcing American law against China.
00:50:58.860 Why?
00:50:59.420 Because the donor class for the Democrat Party and some of the elite Republicans are tied,
00:51:05.140 are benefiting from Chinese investments, Chinese influence, contributions to universities or their funds.
00:51:12.280 They're given special access to investments in China that profit them.
00:51:16.660 Whether it's Sequoia Capital or, you know, BlackRock, it's part of a club and they're in a movement.
00:51:23.720 And they don't care about American security, in my view, just like Karen said, who, you know,
00:51:29.980 talked about the weekend briefings that you guys went through.
00:51:32.540 Steve, Steve, you go back to this inside-out game.
00:51:40.060 You know, we saw this inside-out game during the Obama administration, okay, using the FBI, the CIA,
00:51:46.000 and other organizations to start an investigation of Trump under false pretenses and using elements of the Patriot Act
00:51:54.340 to enable them to go in into secret courts under false pretenses, perjured themselves, and, you know, no accountability.
00:52:04.840 They tried the same thing against Bernie Sanders in 2016.
00:52:09.000 The Hillary campaign was behind this effort with the Obama administration and the inside-out game to go after Trump. 1.00
00:52:16.000 We saw this inside-out game with the New York Post story and other things.
00:52:20.660 And we also see this inside-out game going on with the January 6th issue.
00:52:26.420 And, you know, one could talk at length about, you know, what we're learning on January 6th.
00:52:31.620 But I'll stop there.
00:52:34.000 Hank, hang on for one second.
00:52:35.780 Tell you what, let us take a break because I want to come back.
00:52:38.180 I want to talk about who's under whose purview, because this has to be investigated already.
00:52:43.820 Already, Hunter Biden's lawyers, Abby Lowell, are all over one of Peter Navarro's assistants for putting up some material that's broken over the weekend.
00:52:54.940 They're all over MTG.
00:52:57.240 They're trying to bring ethics charges against her. 1.00
00:53:00.380 It's where the investigative center of gravity exists.
00:53:04.060 Colonel Derek Harvey, formerly of the House Intel Committee and the National Security Council under President Trump, join us after a short commercial break.
00:53:13.420 Jeff Clark is on deck.
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