Bannon's War Room - April 29, 2023


Episode 2697: Saving Yourself From A Debt Trap; The Striping Of Our Energy Independance


Episode Stats


Length

58 minutes

Words per minute

178.46416

Word count

10,458

Sentence count

712

Harmful content

Misogyny

5

sentences flagged

Hate speech

15

sentences flagged


Summary

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

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 .
00:00:00.000 this is the primal scream of a dying regime pray for our enemies because we're going medieval on
00:00:10.960 these people here's not got a free shot all these networks lying about the people the people have
00:00:17.560 had a belly full of it i know you don't like hearing that i know you try to do everything
00:00:21.320 in the world to stop that but you're not going to stop it it's going to happen and where do
00:00:24.700 people like that go to share the big line? MAGA Media. I wish in my soul, I wish that any of
00:00:32.260 these people had a conscience. Ask yourself, what is my task and what is my purpose? If that answer
00:00:39.380 is to save my country, this country will be saved. War Room. Here's your host, Stephen K. Band. 0.62
00:00:47.780 okay welcome saturday 29 april in the year of our lord 2021 we are packed today uh in this morning
00:00:58.020 show uh first hour is going to be on fire second hour on fire let's uh i want to go congressman
00:01:03.700 matt rosendale joins us from montana congressman you were one of the hard six in basically making
00:01:11.440 sure that we actually had a process procedure rules everything in the first week of january
00:01:16.660 that really changes the direction of the country,
00:01:18.600 and you were a hard no all the way through.
00:01:21.800 No matter what influence came your way, you said,
00:01:24.740 no, I'm not there.
00:01:26.920 But in this dead-sealing fight we've had the last week,
00:01:30.440 you actually were a guy that decided to vote for it.
00:01:33.240 Walk us through, because as audience,
00:01:34.980 when they think a hardcore MAGA, ultra MAGA,
00:01:38.420 they think Matt Rosendale.
00:01:39.520 Walk us through your logic.
00:01:41.060 Where do you think we stand now?
00:01:42.480 The Biden regime is already, you know,
00:01:43.900 Politico is reporting they're stunned that you guys came up with it.
00:01:46.660 that you're actually prepared to put a bid on the table.
00:01:49.100 So just walk us through where we are and what was your thinking, how you got there.
00:01:53.140 Sure, sure.
00:01:53.800 I guess the real short answer is, Steve, is that this is a lot better than a $1.7 trillion omnibus
00:02:00.920 with 7,000 earmarks jammed in it from the Senate.
00:02:06.280 You know, I mean, it really is.
00:02:07.600 I've been working together with many of the House members, as you know,
00:02:11.540 that were in on the original fight in the House.
00:02:14.400 and with about a half a dozen of the senators for the last just about 90 days
00:02:19.480 to make sure that we could put together a plan.
00:02:22.240 And the Democrats in the House and the Senate really didn't think we were going to be able to come up with anything.
00:02:27.900 And so they were already plotting on what they were going to put forward
00:02:33.020 in the form of another omnibus or a continuing resolution to go ahead and fund some more of their pet projects.
00:02:40.260 And we were able to craft something that for the first time in probably two decades actually starts taking spending back away from Washington.
00:02:49.840 And I'm really pleased with that.
00:02:51.940 I mean, there's four big components of the package that we send forward.
00:02:56.680 Number one, it freezes spending at 22 levels.
00:02:59.580 I would have loved to have been able to get it froze back at the 2019 levels.
00:03:04.140 I just I need I need 217 people like Stephen Kay joining me up here.
00:03:09.980 and I don't have that. So we went back to the 22 levels. We're going to have a 1% increase from
00:03:16.760 that as we look forward. The other thing is the ridiculous spending that the Biden administration
00:03:22.920 has been responsible for over the two years. Much of that we're starting to claw back. So tax
00:03:28.600 credits for the Green New Deal, the 87,000 IRS agents, the $400 billion price tag on what I call
00:03:36.880 the student loan redistribution program is put back into this revenue that we're going to be
00:03:43.820 able to use to pay bills. And so I look at this as being able to fund government responsibly.
00:03:50.900 Now, did we have an increase for the debt ceiling there? Yeah. And it's 1.5. Would I have preferred
00:03:57.600 to not have a debt ceiling increase? Sure. Would I have preferred to keep it at least
00:04:02.600 under one trillion? Sure. But the other thing that I think everybody needs to keep in mind is that
00:04:07.760 the debt ceiling is also capped out at March 31st or 1.5, whatever comes first. And based upon the
00:04:15.840 revenue projections that we're seeing now, we're going to hit March 31st before we ever get close
00:04:22.740 to hitting the $1.5 trillion debt ceiling increase that was just sent over to the Senate. And so
00:04:30.380 So that puts us in a position to have another bite at the apple during the appropriation bills process, which is rapidly approaching, and the next time we have to address the debt ceiling.
00:04:40.960 Each one of these times, it is my absolute intent to make sure we claw back more unnecessary and out-of-control spending.
00:04:53.140 Two things.
00:04:53.840 Number one, I want to just go, because Dave Walsh, my co-host this morning, he's going to get into the energy side.
00:04:58.120 But part of this and one of the things I said, look, McCarthy's got a different job than we have here.
00:05:02.540 We can be the hardcore and the dead enders. We can't have any increase at all.
00:05:06.080 Our audience is one thousand percent for that. But McCarthy also went into the Green New Deal and really tried to gut a lot of this radicalness of the of the of the Biden regime.
00:05:17.180 Walk us through that, because I'm gonna have Dave Walsh do some analysis for us here in a minute about how central this is to the destruction of our economy.
00:05:23.920 Oh, my gosh, absolutely. They have this agenda where they want to force the population to utilize renewable energy at all costs. That is a major problem, whether we're talking about wind energy, solar energy, or electric vehicles.
00:05:40.560 And I talk to power companies all across the state of Montana that simply don't have the ability to provide that.
00:05:48.280 We have to have baseload electricity.
00:05:50.200 We have to have coal-fired power plants.
00:05:53.880 We have to have the natural gas power plants.
00:05:57.940 I know that we've been talking about the nuclear power plants that right now have become so very efficient they can build a package plant in a plant and deliver it.
00:06:09.820 And the way that they're able to recycle and reuse the uranium, there's hardly any kind of byproduct whatsoever.
00:06:16.040 And that is the kinds of things that we need to focus on and allow business and industry to develop those and take advantage of their technology and their innovation instead of trying to force.
00:06:29.880 I mean, I went to a wind farm just north of Model City, Montana.
00:06:35.260 It's got 135 turbines there.
00:06:38.480 And if not for a $30 million rebate that they were receiving from the government, this thing wouldn't even pencil out.
00:06:46.100 The other thing that makes it possible for them to function is that they're backing up the power from a coal-fired power plant, which used to be the largest coal-fired power plant west of the Mississippi in Coal Strip, Montana.
00:07:02.460 The environmental regulations have forced the closure of two of the four units, and so now they're backfilling this with wind energy, which, by the way, is only reliable at peak performance 40 percent of the time.
00:07:20.580 uh comes from rosendale you talked about march or 1.5 trillion whatever comes first
00:07:27.660 if when biden comes back and puts this back in your guy's face and saying no thanks not interested
00:07:33.140 do you believe the conference particularly moderates get savvy and say hey we got to come
00:07:38.380 back with you we got to dig in not concede anything and not just that we ought to be
00:07:42.360 thinking of more cuts now to get up in the grill because they're never going to compromise on that
00:07:47.440 What's your thinking?
00:07:49.020 I think they are, because we're already having those conversations as part of the, as you know, the 12 bills that are required for the appropriations process.
00:07:58.140 So we are already having conversations across the conference about where else we're going to be able to fund government responsibly and where we can reduce this out-of-control spending that's been taking place, quite frankly, for decades.
00:08:13.460 will the appropriation process be regular order as you see it right now they're saying you guys
00:08:19.380 are going to fail on that we're going to get another omnibus as you see it today in late
00:08:23.460 april of 23 are we going to go regular order and really get to some cuts there or is it be some
00:08:28.100 we are uh omnibus bill at the end no i steve i am absolutely convinced that we are going to go
00:08:34.280 through the appropriations process with regular order that these documents will come out to the
00:08:39.300 House floor. We will have debate. We will be able to amend, and we're going to have the light of day
00:08:44.700 exposed on all the spending. Congressman Rosendale, how do people follow you? How do
00:08:50.960 people get to you? At RepRosendale. All of my social media, all of my Twitter, everything,
00:08:57.840 at RepRosendale, and you will see what we are doing and why we are doing it.
00:09:04.380 Congressman, if it wasn't for you and any bigs and a couple of other of the real patriots,
00:09:08.280 So we wouldn't even be in this position to fight.
00:09:10.320 Well, nobody would even know about it if it wasn't for you, Steve.
00:09:13.560 So we appreciate you sharing our information.
00:09:18.080 Thank you, Congressman.
00:09:19.040 I really appreciate that.
00:09:19.920 And the Warren Posse does, too.
00:09:22.380 I mean, we had Biggs on last night.
00:09:24.020 We had Chip Roy on last night.
00:09:25.420 And Chip Roy was like Rosendale.
00:09:26.860 They voted for it.
00:09:27.440 But it was a tactical decision to show that we could get something done.
00:09:31.100 And Biden's going to reject it anyway.
00:09:32.360 Real quick, before I go to Philip Patrick, because I want to get, I got to get the Philip Patrick's thing in here.
00:09:38.280 One of the centerpiece, and I've got the great Dave Walsh who's my co-host this morning.
00:09:42.100 Dave, one of the things was that, and you've been telling people, I say, look, this energy plan they have is so radical and so unworkable.
00:09:50.200 It's the centerpiece of the Biden budget all over.
00:09:53.060 And we're actually talking about South Carolina in a couple of blocks from now.
00:09:56.080 But just what you see, what McCarthy is trying to go in, and a big part of this proposal is to start to gut where we can gut on the Green New Deal your observations.
00:10:08.280 Well, the Biden program, the Inflation Reduction Act, the IRA, is one of the most poorly masqueraded, misnamed pieces of legislation ever developed. 0.54
00:10:21.200 It is a centerpiece of the Green New Deal.
00:10:24.460 It is all about implementing the Green New Deal.
00:10:27.200 It is not about inflation reduction.
00:10:29.040 It is about the massive increase of the cost of electricity and gas and oil to our citizens,
00:10:35.160 coupled with a massive reduction in the availability of electricity.
00:10:40.120 And I'll tell you, one of the latest things that's happening,
00:10:42.640 in contravention of the major doctrines policy that the Supreme Court ruled on
00:10:48.180 in respect to the West Virginia AG step forward with a clean power plan,
00:10:52.900 which the Supreme Court upheld, that the EPA acted way out of scope,
00:10:57.300 way out of bounds in ruling on a matter of public policy, not a matter of environmental chemistry
00:11:03.340 or emissions, which this was not about, but stepped into public policy in mandating the
00:11:08.200 shutdown of coal plants. Next week, the EPA is coming out with a new regulation that violates
00:11:13.980 this to force base load and intermediate duty combined cycle plants. That's all of our gas-fired
00:11:21.080 power generation in the country, which is now 40 percent of our electric power generation is gas
00:11:26.160 to be armed with either carbon capture systems, which will cost about a billion and a half a
00:11:32.400 plant, that would be across the country a $550 billion spend on moving carbon emissions,
00:11:39.500 carbon isn't emissions, carbon smoke, through pipelines into aquifers, many of which aren't
00:11:45.000 nearby power plants, or transition to carbon fuel, 100% carbon fuel, or shut down. An enormous
00:11:52.920 cost to rate payers of either lack of reliability as these plants close and don't do that or spend
00:11:58.360 the money. So this is next week's effort by the EPA to further this fight. We're going to get to
00:12:02.620 all that in particular or take a state that's going to shock you of what's happening there.
00:12:07.160 I want to go back to Philip Patrick. By the way, it's very disconcerting, you know, Dave Walsh,
00:12:11.460 when he's in studio with the glass on, it looks like I'm sitting next to Tom Brokow.
00:12:14.600 I'm like the junior partner. Has anybody, people have told you that, I'm sure? I've heard that.
00:12:18.240 No, dude, I know, I know actually, not well, but I've met him a couple of times. He used to be
00:12:22.240 on Breitbart Radio a couple of times.
00:12:23.840 It's quite eerie.
00:12:25.200 I think I'm sitting next to Tom Brokaw.
00:12:26.660 God.
00:12:27.880 Philip Patrick, the fight,
00:12:30.360 and you know they're going to come back
00:12:31.440 and put it in our face,
00:12:32.580 and I want to get to why all the central banks
00:12:34.540 in the world are buying gold.
00:12:36.300 But one of the reasons is they control the resources,
00:12:39.080 and they see the madness that's going on 0.95
00:12:41.380 in essentially the Judeo-Christian West,
00:12:44.640 in Western Europe and the United States.
00:12:46.520 Give me a minute or two summary of where we stand
00:12:49.080 before we go to break, brother.
00:12:51.420 Yeah, look, I think McCarthy's bill at the moment looks to be a genuine attempt to negotiate.
00:12:57.840 I mean, capping spending at last year's levels is not a lot to our six point two seven trillion dollars is a lot of money for some context.
00:13:05.600 Last year was the third biggest budget in U.S. history. So the Dems can whine all they want.
00:13:11.080 This is not austerity. It's barely even a curb on the most outrageous and wasteful forms of spending.
00:13:18.000 look I think at this point it's the best that McCarthy could do he's in a tough situation
00:13:23.160 but to me it seems like an olive branch and you look at the White House response and you wouldn't
00:13:28.020 think so right he's still demanding a no conditions increase the Dems now leaning on on lobbyists to
00:13:34.240 try and pressure the Republicans but I think at this point they're being outplayed right the
00:13:39.360 White House is is losing allies fast we've got the Chamber of Commerce the Business Roundtable
00:13:44.620 are urging they're congratulating the house on the deal and urging the president now to negotiate
00:13:49.560 i agree with you i think the deal gets rejected but i think the republicans are playing this smart
00:13:54.840 for now so let's see how it unfolds but it's not an unreasonable plan and it's not one the
00:14:00.080 democrats should be fighting but here's what rosendale said because they haven't taken our
00:14:06.560 philosophy of of of gutting the green new deal and then having massive cuts down you know down
00:14:12.700 in the early periods and having the prioritization of payments
00:14:16.880 as cash comes in, that if they accepted this deal,
00:14:20.960 they're going to blow through this.
00:14:21.980 If the trade and five were going to have another trade and five
00:14:23.920 added to the national debt fairly quickly,
00:14:26.620 we're going to be back here in the exact same place.
00:14:28.540 This is my point.
00:14:29.780 We've got to get these moderates to understand
00:14:31.540 that the hardcore way is the way that it has to be.
00:14:35.900 And here's what we have to do.
00:14:36.820 We've got to save the republic.
00:14:38.980 We have to save the U.S. dollar.
00:14:40.940 We're going to talk about that.
00:14:41.860 Central banks throughout the world, these smart guys, these other central banks are buying gold, right?
00:14:47.520 Buying gold at the highest rates they've ever bought.
00:14:50.260 One of the top guys on Wall Street that I respect and know him for years put out his newsletter said the first time, he says, gold's not a conspiracy anymore.
00:14:58.300 It's unbelievable.
00:15:00.440 Junk science.
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00:16:17.380 take action action action do that today war room here's your host stephen k bannon
00:16:24.440 Okay, go to birchgold.com slash war room to get the end of the dollar empire.
00:16:33.500 Now we hear Argentina's joining the crowd.
00:16:36.160 Throughout the world, they're doing this.
00:16:37.540 And we're going to talk to Dave Walsh.
00:16:38.900 The petrodollar is a thing of the past as they try to move you to a basket of currencies or to the one.
00:16:45.180 This is going to impact your life.
00:16:46.400 The third installment, it's totally free, birchgold.com slash Bannon, is called The Debt Trap.
00:16:51.860 This will get you totally immersed and up to speed on all the nomenclature in the process when we talk about this debt ceiling fight.
00:16:58.600 We're not here to make you the most interesting person at the backyard barbecue or in the stands at the Little League game or at the dinner parties you go to.
00:17:06.040 You will be that. We commit to you. We'll get you the information to be that.
00:17:09.760 But it's because you're the creditors committee to save your country.
00:17:13.020 The U.S. dollar is inextricably linked to this destruction of our republic and our freedom.
00:17:18.760 and we've got to get we make must make sure the populace the population understands this 0.95
00:17:25.260 because this debt ceiling fight is going to be ongoing ongoing this what the mccarthy put up
00:17:31.620 and i do give a hat tip he was able to pull it together and put it up in biden's face
00:17:35.680 political said remember the headline said they were stunned and then political took down that
00:17:40.040 part of the headline because the white house went nuts they never thought they'd get to anything
00:17:43.760 and it's obviously philip patrick it just cut um the rate of growth of out-of-control spending
00:17:51.980 we know eventually we're gonna have to get to cut the programs because it's just not the revenues
00:17:55.900 and these deficits are going to be bigger than ever that fights upon it we have to be cunning
00:17:59.860 and we have to be sophisticated okay and that's what we're trying to do philip patrick i i want
00:18:04.560 to go because the bricks and every day foreign policy magazine had the front page article the
00:18:09.340 other the lead story the rest of the world's coming us used to laugh at the war room they
00:18:12.980 ain't laughing anymore. And they said, hey, what used to be looked at is crazy talk. The BRICS are
00:18:17.980 actually organizing. And what I say, and correct me if I'm wrong, you're seeing the natural resource
00:18:23.720 guys, the global south, that have the natural resources, particularly oil and natural gas.
00:18:29.420 And they're sitting there and they're going, hey, these guys are giving me Federal Reserve notes,
00:18:33.580 and I got to convert everything into it. And they're doing a rolling devaluation on me.
00:18:37.500 I kind of get it now. I see what they're doing. So how about this? How about I have my central
00:18:41.620 banks start buying gold. I've got the national resources. We bind together in something. And,
00:18:46.960 you know, I mentioned OPEC and Dave Walsh wants to spit on the floor. They're going to have an
00:18:51.700 OPEC in everything, in every resource. And correct me if I'm wrong. You're the expert. I'm not.
00:18:57.620 They're building a gold-backed economy with resources in gold. And Putin, who is supposed
00:19:04.280 to be out of business, pegged the ruple to gold. And he seems like he's doing OK. So what is the
00:19:10.760 Global South finally wised up, because remember, all those guys went to Harvard and Stanford and University of Chicago.
00:19:16.960 They've got plenty of guys running numbers, and they're hiring McKinsey and Boston Consulting Group all the time.
00:19:22.220 So, Philip, when I see central banks buying gold on a record level on 22, and they're starting off 23 on a record level,
00:19:28.720 and I've got hedge fund guys that have always said the gold thing, you gold bugs or a bunch of conspiracy theorists,
00:19:34.060 they're putting out reports now saying, hey, look, the number's so big that somebody's got to take this seriously.
00:19:38.820 Philip Patrick. Yeah, listen, it's a big problem. De-dollarization is picking up steam globally.
00:19:45.520 As we mentioned, Brazil and Argentina signed agreements this week with China to pay for
00:19:51.060 imports in yuan rather than dollars. And this is, I think, the latest in China's efforts to
00:19:56.280 undermine the dollar's dominance. It's a big, big problem. Now, I don't think the Chinese yuan is
00:20:04.240 ready to be the global reserve currency. It's still manipulated. It's pegged rather than the
00:20:09.720 free floating or priced only by the market. But strategic rivals like China and Russia,
00:20:16.340 regional powers like India and Brazil, they're realizing that China, I think, has a lot to offer,
00:20:21.300 maybe more so in their eyes than the US right now. That is very, very concerning. Now, short term,
00:20:27.900 what are central governments doing? They're buying gold. Our enemies are pegging their
00:20:32.220 currency to gold. You rightly pointed out Putin did that with the ruble. It immediately stabilised
00:20:38.240 the ruble. Even our allies are doing the same. We're seeing an increase in central bank gold
00:20:44.500 holdings amongst our allies, too, for the same reason that you mentioned. We're watching this
00:20:48.900 rolling devaluation of the dollar, and it's a problem for our allies as well as our enemies.
00:20:54.920 It's a complete disaster. We are slowly losing grip on global reserve currency status. And as
00:21:00.740 we've said before, nations do not come back from that. It is significant. And this in the space of
00:21:07.280 two or three years, it's unbelievable. It's one thing for Argentina. It's another thing for
00:21:13.640 Malaysia, even Brazil, to say, I want to look at an alternative to the dollar. When you have Iraq 1.00
00:21:19.460 doing 40-year output deals, when you have Persia doing 40-year output deals, the CCP, when you have 0.64
00:21:24.760 The House of Saw doing it. When you have these big control entities of oil and gas all of a sudden say, we're not going to use petrodollars, we're going to use a yuan.
00:21:38.420 How, sir, has you been in this all your life? How shocking is it how quickly it's happened?
00:21:42.000 And by the way, we know they're going to cheat. The yuan's not prepared to do that. But it's directionally what our problem is.
00:21:47.440 Steve, I think you're understating it. I think it's more than the global south.
00:21:51.240 When you look at the countries really aligned with the net zero decarbonization philosophy, I get nine, Western Europe, Australia, New Zealand, the U.S. and Canada, 13, 13 countries, 170 countries representing over 6.2 billion people not on board with this decarbonization.
00:22:11.540 Slow down and give me that again because this is the key point.
00:22:13.860 Net zero carbon, these advanced democracies or economies, the information economies want to go to net zero.
00:22:20.040 Thirteen countries.
00:22:20.860 Thirteen countries.
00:22:21.340 Nine in Western Europe, Australia, New Zealand, U.S., Canada.
00:22:24.320 All of the rest, including some that surprise some, Japan, a lot of rhetoric about this, of course, participate in the G7 meetings such as happened in Sapporo 10 days ago.
00:22:33.900 A lot of hand-waving, but the reality, my dear friends in Japan built 13 coal plants in the last five years, commissioned 13 coal plants to replace the short-term capacity hiccup with Fukushima.
00:22:44.220 Yeah.
00:22:44.580 Are going to restart all the news.
00:22:45.700 Suck on that, right?
00:22:47.540 They're telling you what they're doing.
00:22:48.740 And recommit to their Socklin Island LNG deal, which was a good deal for them.
00:22:52.520 It's nearby LNG.
00:22:54.160 It's only 400 kilometers away.
00:22:55.660 It's $13 a decatherm.
00:22:57.760 They can't get that price from us.
00:22:59.140 Ours is too far away, the Covis Point facility, that they have a big stake in commitment-wise.
00:23:04.800 They buy 10% of LNG from Russia.
00:23:06.860 So the non-net-zero guys telling you right now, we control the resources and the world's population, essentially.
00:23:12.960 We're going to go to some sort of – we don't want – the petrodollar, particularly the dollar,
00:23:17.160 You're doing devaluations because you can't control.
00:23:19.680 Plus, you've got this radical plant that clearly is not going to work.
00:23:23.240 We're not going to be party to that.
00:23:24.900 Right. 1.00
00:23:25.120 Another one's India. 0.98
00:23:26.240 India does give happy talk about net zero, decarbonization.
00:23:29.740 However, 80 percent of its primary power generation is coal, and it's growing.
00:23:34.660 And in the last two months with the European boycott, India has – the Indian oil corporation has tripled down on its procurement of crude from Russia.
00:23:41.920 In the last two months, at very preferential prices, we hear $42, $45 a barrel, they are very committed to the use of fossil fuels to promote that they've got the biggest country in the world, biggest need for growth.
00:23:53.860 This is at the core of industrial growth.
00:23:56.460 Fossil fuels cannot be bifurcated from growing an economy.
00:24:00.140 They're on board.
00:24:00.980 So they'll talk about this, but the reality, they're not involved.
00:24:03.960 Philip Patrick, are you buying into that theory of Dave Walsh that you've got the net carbon advanced economies that politically correct?
00:24:11.020 right the 13 uh british empire former empire western europe in the united states and then
00:24:17.520 you got the rest of the world and the rest of the world sitting there going their central banks
00:24:20.500 going hey i've got natural resources maybe i go get some gold and not hold as many dollars is there
00:24:26.120 any is there any lineup there's any correlation to that yeah i think there's there's definitely
00:24:31.160 a direct correlation there and listen the the numbers are staggering last year central banks
00:24:36.860 bought 1,136 tons of gold. That is the most gold bought by central banks in a given year
00:24:45.440 since records begun, right? It is unprecedented, and it's for the reasons that we mentioned.
00:24:51.840 There is a direct correlation there without question.
00:24:57.120 How can we, Philip, for you first, and I'll go to Dave, how can we have a radical transformation?
00:25:02.940 Because here's what's happening. We're going to have an example of a state that's going to blow
00:25:05.640 your mind in a second. How can we have a radical transformation of an industrial economy that's not
00:25:12.480 really debated and talked about? Because you never see a debate about this, really. It's kind of in
00:25:16.960 the mindset of the elites. At the same time, have this massive, massive welfare state and an economy
00:25:24.060 that's collapsing. We continue to spend and nobody really wants to stand up to it. At the same time,
00:25:29.540 the world is sitting there going, we're not buying into this anymore. We see what you guys are doing
00:25:35.200 And we think you're irresponsible. Philip Patrick, first you and then Dave Walsh.
00:25:40.220 Well, look, it's just a frightening prospect. And I think it's a reflection on where this country is, has descended to under Biden.
00:25:48.280 Even our allies now are saying, hey, maybe we shouldn't follow the U.S. blindly.
00:25:53.000 Look at what Macron was saying just a couple of weeks ago. But this in on itself is very, very concerning.
00:25:59.240 I think generally nations are looking at the West as fat, spoiled, and weak, and now's the time to make their moves.
00:26:06.740 And we're seeing that from a currency standpoint, from a military standpoint.
00:26:12.560 The West is looking weak, and our enemies are taking action now.
00:26:16.640 It's a big problem.
00:26:19.500 Dave Walsh.
00:26:21.480 Well, we can talk about the South Carolina example.
00:26:25.920 But this is happening in many, many, many of our states.
00:26:28.360 South Carolina is a repository, a great recipient of a tremendous amount of foreign investment, particularly from Germany, in terms of chemical plants and most notably car plants, largely because, among other things, of historically very high German electricity costs at roughly four and a half times those prevalent in South Carolina.
00:26:46.780 South Carolina has enjoyed about 11 cents a kilowatt hour, lower 20 percent of the U.S. in cost for electricity.
00:26:53.480 Germany, before the crisis, 45 cents, four and a half times more, German chemical plants, auto plants have come to South Carolina.
00:27:02.260 They've come in part because of the energy cost being preferential.
00:27:05.480 However, now we've got the statehouse mandating that a lot of the regional utilities, such as the Santee Cooper in the Midlands,
00:27:12.380 but 250,000 South Carolinians are supported by the Santee Cooper Utility.
00:27:17.800 The statehouse is commanding that they be net zero by 2050,
00:27:21.900 which means they're going to spend, Santee Cooper alone,
00:27:24.760 $15 billion on transitioning two great coal plants, the Wiena and Cross plants,
00:27:29.580 generating about collectively 3,400 megawatts of electricity,
00:27:33.520 61% of their base be eliminated by 2032,
00:27:37.420 and is placed with about 17% solar, wind, and the balance with gas-fired technology
00:27:43.360 at a cost to ratepayers in the Midlands of about $15 billion to transition off coal.
00:27:48.740 You're saying a Republican state.
00:27:50.520 The Republican State House pushing this. 0.77
00:27:52.000 That has two folks that are running for president, Nikki Haley and Tim Scott.
00:27:56.440 The State House is pushing a net zero carbon?
00:27:59.720 Yeah, and this plan will push electricity costs for ratepayers in South Carolina
00:28:04.200 going to up by a factor of two and a half by 2050 and ruin its competitive advantage for industry.
00:28:09.340 Short commercial break. We're in Delvin All. I got Dave Walsh in studio. Philip Patrick from
00:28:13.520 Birch Gold joins us. And we're going to break it all down when we return to War Room.
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00:29:54.900 War Room. Here's your host, Stephen K. Band.
00:30:02.540 OK, welcome back. Philip Patrick, the central banks buying all this gold and even the guys on Wall Street,
00:30:11.080 I know a bunch of head funds are putting up 30 percent, 40 percent of their portfolios in precious metals.
00:30:17.480 What does that mean? Because I think one of the reasons people see this is they don't think still.
00:30:22.800 we're serious about getting control of our debt, the deficits, what they're looking at,
00:30:29.380 even with the Republican situation. That's a three and a half dollar lift to the debt ceiling.
00:30:34.160 We're going to hit that by the fall or by January, February. They even put a thing on
00:30:39.620 of March next year. And we're going to be right back to the table with the same situation. Nobody's
00:30:44.700 got the political will to cut the spending. Correct. So where does that put us? Because
00:30:49.120 This is kind of a unique time in history.
00:30:51.640 You know, Nixon went off the gold standard in the early 70s, and now the world looks like it's going back to it.
00:30:58.380 Where do you think this puts us, given the fact we haven't shown the discipline yet to be able to make these cuts?
00:31:05.100 And Brother Walsh is going to get into this more craziness on net carbon zero, where we're actually taking an industrial society like Germany has, and we're kind of de-industrializing in front of our eyes.
00:31:18.280 That's what we're doing.
00:31:18.900 When they say net carbon zero, it's deindustrialization.
00:31:22.780 Philip Patrick.
00:31:24.200 Listen, it's exactly spot on.
00:31:26.980 And if we're watching central governments around the world buying gold at the levels that they are, it is a vote against the U.S. dollar.
00:31:34.620 And I think it's for the reason that you mentioned.
00:31:36.560 They understand that right now the U.S. is not serious about reducing debt.
00:31:41.200 They're going to continue down the path of money printing.
00:31:43.840 And we all know where that ends.
00:31:45.860 It ends in a dollar that is significantly devalued. Gold and the dollar have an inverse relationship, right?
00:31:53.540 So this is the way that central governments hedge against their currency exposure using gold.
00:31:59.600 And like I said, it's a bet against the U.S. dollar. And until we can get our stuff together, I think it's going to continue down that path.
00:32:07.260 And we all know where that ends. So it's a dangerous situation. Governments are hedging their exposure using gold.
00:32:13.440 And I think individuals heading into the year need to think about doing the same thing because it's a dangerous path that we're heading down, and it only ends one way.
00:32:23.500 Have you seen, as the analyst over there at Birch Gold, have you seen anything in our budgetary process, anything in this debate to date that shows you that there's the political will right now given – and I give a hat tip to McCarthy, put the opening bit –
00:32:37.040 but that there's any political will with the Senate, the White House, the media to really get the nation's finances in order, sir?
00:32:46.080 No, the answer is not really.
00:32:48.440 Even the bill that McCarthy put forward, I think he had to do it because anything else would have been met with an immediate no.
00:32:56.560 But I think he had to put forward a bill that would appeal to the Democrats.
00:33:01.100 This does. It doesn't really curb spending dramatically. And there's no will on the side of the Democrats at this point to accept it. So across the board, it doesn't look that way. We need something more dramatic, as we know. I think this was a starting point, but it's a reflection of a lack of political will to curb spending on both sides, I think.
00:33:22.700 And look, we've got GDP now at 1.1% growth.
00:33:26.240 We've got cornflation still up.
00:33:27.940 You're getting to stagflation.
00:33:29.520 Bloomberg's getting the headlines that we've been talking about for months and months and months.
00:33:32.820 Now, this is why I need people to do two things.
00:33:34.840 Number one, you are the chairman of the Critics Screen.
00:33:36.940 You've got to get up to speed on this whole debt ceiling.
00:33:39.620 We talk about it every day.
00:33:41.260 But we've got – Philip and I have put together something.
00:33:43.540 And I'm really proud of the fact that we started it months ago knowing that this would be a big deal.
00:33:47.680 And I say it's like ripped from today's headlines.
00:33:49.440 So go to birchgold.com slash ban, and you get the end of the dollar empire.
00:33:54.260 It's not that we want the end of the dollar empire, but we're hurtling towards it.
00:33:57.720 And the natural resource holders throughout the world are telling you they're voting with their – they're making decisions every day.
00:34:03.300 They're voting with their feet.
00:34:04.820 Central banks are voting with their feet, buy gold.
00:34:06.760 These guys are saying, I want to do transactions, something else besides the dollar.
00:34:10.280 The de-dollarization process has started.
00:34:13.260 Even Foreign Policy Magazine says that.
00:34:15.120 So go to birchgold.com slash ban, and you get the third in the series, free installment.
00:34:19.440 the debt trap, but you also get the first couple of politics of money,
00:34:24.020 the end of the dollar is the prime reserve currency,
00:34:25.880 and you can go get all the information on your IRA or 401k
00:34:29.620 or just talk to one of Philip's guys about precious metals.
00:34:34.340 Now, I'm not here to give you financial advice,
00:34:36.860 but I'm here to give you access to information you have to immerse yourself in.
00:34:40.380 This is a homework assignment.
00:34:42.100 Like I said, people are going to have to work weekends now because we're in a crisis.
00:34:45.480 Philip, how do people get to you and how do they follow you?
00:34:49.160 Yes, it's really simple.
00:34:50.600 On Getter, at Philip Patrick, on Getter.
00:34:53.820 And again, for information on precious metals, birchgold.com forward slash Bannon.
00:35:00.800 And you get to all you can get at an analyst.
00:35:02.600 By the way, is the GDP, the number coming out of the Atlanta Fed at 1.1 percent?
00:35:07.440 Does that, or the overall number and the other ones that kind of called it, how much does that concern you?
00:35:12.660 It's a huge concern.
00:35:14.280 Listen, there are no numbers at the moment coming out of anywhere that are positive.
00:35:18.780 I have not seen a situation like this in the U.S. in my lifetime.
00:35:23.000 And the path that we're heading down is a disaster.
00:35:25.800 No surprise with the GDP number, but not encouraging.
00:35:31.980 OK, I want everybody to go over and check out one of Philip's guys over the weekend and get some money on the phone and start talking to him about precious metals.
00:35:38.180 Philip Patrick Birchgold, thank you.
00:35:40.040 Thanks, Steve.
00:35:42.260 Thank you for helping me with the debt trap.
00:35:43.880 Make sure everybody goes there today to get it.
00:35:45.740 I wanted to go back and talk about the specifics because this is the insanity.
00:35:50.500 We are – first off, the world's in a de-dollarization process.
00:35:54.520 You know why?
00:35:55.020 Because they know we're not serious about taking care of a financial situation.
00:35:58.700 So de-dollarization is also a subset of de-industrialization.
00:36:04.300 They see the advanced democracies.
00:36:06.000 They see the advanced industrial West de-industrializing with really no plan.
00:36:11.460 You agree.
00:36:12.160 And no real intellectual. I want you to walk through and put up these charts. I want to spend a couple of minutes on South Carolina because this is not some radical state.
00:36:19.440 This is South Carolina, which has had the Mercedes plants. And I mean, Nikki Haley makes her campaign on how she's brought in foreign investment to South Carolina. 0.98
00:36:28.120 They did it because of a great workforce, a great regulatory environment and cheap and plentiful and cheap energy.
00:36:34.740 And now you have they're actively making decisions today. And these decisions you can't unwind. Correct.
00:36:41.340 these are massive decisions that are tough to unwind. Walk me through it. I want to show that
00:36:44.780 chart. Very long-term effects. Just to close off on the Santee Cooper example, Santee Cooper is in
00:36:50.280 the middle of a fast growth area, 2.2% to 2.5% per year population growth. They'll need 80 million
00:36:57.760 megawatt hours of electricity produced by 2050, clearly. As the population grows. As the population
00:37:03.900 and industry grows. This plan that converts their coal capacity over to solar wind and a little bit
00:37:09.880 more gas results in a 38 percent shortage in megawatt hours that they'll need to facilitate
00:37:16.060 just a 2.2 percent per annum population growth that they've been experiencing for the last 10
00:37:20.960 years and more industry showing up. They'll be 38 percent short. So that puts them in the cause
00:37:25.520 of plentiful cheap energy. And they have and they have that now. That's what I'm saying. That's
00:37:29.580 what's drawing people because of the cost of living is lower. There's plentiful jobs, all of
00:37:33.560 that. And the statehouse plan is to eliminate that by eliminating the coal resource and then
00:37:38.580 turning the place into saying, beggar they neighbor. They'll then have to go to Duke Energy
00:37:43.560 and other regional utilities. But this is the problem with this now. The regional and national
00:37:48.400 utilities are all doing the same thing. They're no longer building capacity for their neighbors.
00:37:53.820 They're doing the same as this. They're displacing a lot of coal and nuclear assets with very part-time
00:37:58.800 intermittent renewables, causing a shortfall in electricity across the board, meaning Duke Energy,
00:38:04.300 as in the past they might be there to support this deficit? Will not be, because they're doing
00:38:09.220 exactly the same thing. They're shortening their net megawatt supply because of the introduction
00:38:14.700 of all of this part-time stuff. Renewables, solar that's about 18 percent of the time operational,
00:38:20.900 wind that on land is only about 37 percent of the time operational. When you displace nuclear and
00:38:25.940 coal with that, you've got a power shortage. So there will be nowhere for the Santee Cooper
00:38:30.800 ratepayers to go to make up the deficit of 38% that this plan will bring them. Nationally,
00:38:36.700 it's identical. When you look across the country, we have a quick minute. I've got a chart. I'll
00:38:42.880 describe it. Give it to that camera right there. It's going to be hard to see it. See this camera 0.76
00:38:46.560 right here, right there. This is the national picture of a stacked bar chart of what's happening
00:38:51.860 to electrical capacity in the country. It starts where we are today, about 1,150 gigawatts of power
00:38:58.680 in all of our power plants collectively growing to, that's where we start.
00:39:03.200 Here we are right here, and that's where we're going.
00:39:04.020 And we end over here, supposedly, at 1,650.
00:39:06.240 I don't like that chart.
00:39:07.440 What's that yellow?
00:39:08.160 Looks like we're growing.
00:39:08.940 What's the yellow?
00:39:09.920 But what we're doing here, and the consultants are doing this, McKinsey, Booz Allen, Anderson Consulting,
00:39:14.960 they're doing this.
00:39:15.340 Give me still a close-up on that.
00:39:16.380 They're adding solar, which runs 18% of the time, and wind that runs 38% of the time,
00:39:22.620 as whole values of 530 gigawatts to the beginning total,
00:39:28.680 when really when you restate these for their actual use, for their actual capacity,
00:39:34.040 the wind and solar are on average run only 20% of the time.
00:39:37.460 So when you fracture those numbers down, you're really at about 151 gigawatts.
00:39:42.340 It's a fantasy.
00:39:42.600 You're replacing all you're doing here for, this is, I call it the trillion-dollar trip.
00:39:47.080 The cost of this trip to the nation is a trillion dollars
00:39:50.100 of shutting down 70% of our coal resource,
00:39:54.260 shutting down more of our nuclear resource,
00:39:56.660 and displacing it with an equivalent amount in energy production of part-time wind and solar.
00:40:01.980 The basis of Trump economics is full-spectrum energy dominance, okay?
00:40:07.080 What you see right here is not doable.
00:40:09.260 What did Rosendale say at the top of the show?
00:40:11.480 They got the one up in Montana, the wind farm in Montana,
00:40:15.300 has got heavy government subsidies.
00:40:17.160 All of this means you're going to have massive subsidies to make these things work, correct?
00:40:21.360 There's $350 billion of taxpayer money to support the wind and solar.
00:40:26.260 And inside of the solar and the battery storage, small increment here, $400 billion of Chinese procurement of thin-film PV solar panels and lithium-ion batteries from China to facilitate this tiny growth in electricity capacity.
00:40:41.260 Geostrategically, we're good.
00:40:43.380 Geostrategically, I want to go back to you.
00:40:44.800 in this by the way there's an internal logic to de-dollarization there's an internal logic why
00:40:51.460 people looking for precious metals now as a hedge against this this they see as insanity your thing
00:40:57.780 about there's 13 nations the advanced post-industrial information economy uh countries
00:41:04.140 that are on this net zero carbon kick and the rest of the world with six billion people
00:41:10.400 and the vast majority of resources are going, that's insanity.
00:41:14.800 First of all, they're not going to be buyers of our stuff,
00:41:16.300 so why should we support it?
00:41:17.500 We're going to go a different direction.
00:41:18.800 And the number one thing we've got to do is get off the U.S. dollar
00:41:21.160 in the SWIFT system because they've got a chokehold on us, right?
00:41:24.220 And that's why they're buying so much gold is to back up also their currencies,
00:41:28.760 which obviously don't measure up.
00:41:30.780 And people say, Steve, how do you say this?
00:41:32.820 Because the tradeoff of the dollar loss versus the currency is not that.
00:41:35.600 It's to natural resources.
00:41:37.360 That's the comparison you have to make.
00:41:39.620 This is treacherous.
00:41:41.120 And this is what our elites, this is where our elites are driving. 0.51
00:41:44.260 And I'm telling you, if you're a working class person or a middle class person, if you're a person under 40 years old, just project out what 2050 is going to look like. 0.70
00:41:53.540 That's a fantasy. 0.84
00:41:55.140 That is a fantasy.
00:41:56.220 They will not be able to produce the type of cheap, plentiful energy we've had, correct?
00:41:59.660 No, right.
00:41:59.980 The end of this journey, this trillion-dollar journey, lands us in electrical capacity at exactly where we are today.
00:42:07.500 No change.
00:42:08.180 while we're going to have 19.5% population growth per normal in that time period,
00:42:13.640 about 2% per year, hopefully GDP growth in that time period,
00:42:16.640 which usually translates to electricity need.
00:42:20.800 This takes us to a net zero change in electricity outcome.
00:42:25.140 No new electricity.
00:42:26.420 While we're talking about EV adoption, we're talking about gas to electricity.
00:42:30.220 This is why there's no national debate on this.
00:42:32.040 This is why you've never had a national.
00:42:33.400 One thing about the McCarthy plan I do like is they start to question some of these assumptions.
00:42:37.180 is not enough, but we've got to get better.
00:42:39.180 And the trillion dollars spent by utilities winds up being private debt
00:42:42.420 because they'll finance 70% of that, $700 billion in private debt.
00:42:45.740 Is one of the reasons utilities and other consultants in these state houses
00:42:48.560 pushing this because of the churn, there's a lot of money to be made
00:42:51.560 by a lot of people here, not the middle class or working class,
00:42:53.960 but somebody's going to make a ton of money on this?
00:42:56.560 In the states with regulated generation utilities,
00:42:59.600 unfortunately they are motivated to like this because they get, in those states,
00:43:04.800 a guaranteed rate of return on their capex that comes faster than the return they get on their
00:43:09.660 operating cost spending. Meaning when NextEra or Duke Energy invests in new capacity that's
00:43:16.160 dollarized, they get a dollarized 9%, 8% to 9% guaranteed rate of return on that dollar investment
00:43:23.380 they make, independent of the low energy capacity it may have. If you vote for this,
00:43:29.360 you hear about de-dollarization. This is called pauperization. You're going to be a pauper. This
00:43:33.920 is the Russian surf model. If you're under 40 years old, vote for this crap. Don't say nobody 1.00
00:43:40.760 warned you, because we're warning you here. Short commercial break. Dave Walsh. I'm going to go to
00:43:45.260 the border. I got Ben Berquam to see what's in store for you on Title 42 lifts next in the war room.
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00:46:45.760 this new one looks pretty good really did you know ron desantis backed deep cuts to social
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00:47:17.640 Man, welcome back.
00:47:18.600 I got a laugh out of Dave Walsh, man.
00:47:20.860 That's saying something.
00:47:21.880 It's a good spot.
00:47:22.840 Governor DeSantis, you've got to come home and you've got to answer that one on Social Security.
00:47:27.180 By the way, go to Trump45books.com.
00:47:30.500 This thing is extraordinary.
00:47:32.240 It's a document of the great and good of the late 20th century and early 21st century.
00:47:37.100 And, man, it is funny.
00:47:38.320 It's touching.
00:47:39.620 You see the human side of President Trump.
00:47:42.220 you've got all the sports stars the culture stars letters they wrote to him responses he gave and
00:47:47.480 he's got then commentary and observations it's incredible make sure you put in promo code warm
00:47:52.140 everybody gives warm a special deal here you get free shipping and hey the thing weighs a ton
00:47:56.440 so you're gonna it's a it's a coffee table book it's a uh conversation piece it's a great gift
00:48:02.240 for mother's day or father's day okay you're gonna and by the way put it on the coffee table
00:48:07.620 it'll list a lot of comments and you get some friends over there flip through it uh they'll
00:48:11.160 see a different side to President Trump. So that's 45books.com. And make sure you put in
00:48:16.340 a word for free shipping and handling. Do that today. Get all over top of it. I want to go to
00:48:21.220 Anthony Aguero. Anthony, you're in B-Ville. Tell us, Title 42 is going to come off. Andy Biggs told
00:48:28.580 that the administration or people there are telling officials in Arizona, Customers and
00:48:35.740 border are telling officials in Arizona, 700,000 to a million amnesty speakers, asylum speakers,
00:48:41.700 or illegal aliens are on the northern border of Mexico from Tijuana to Beeville, and they're
00:48:46.240 getting ready to come across. Give me your assessment, sir. They're already coming across,
00:48:52.060 Steve. This has been no deterrent. The fact that Title 42 is still in place has been no deterrent.
00:48:57.500 For the majority of the people that we see behind us are predominantly from Venezuela,
00:49:00.720 And right behind us, we see a building that is operating as an NGO, which is part of the city of Brownsville.
00:49:07.600 They are basically acting as a middleman with all of the migrants that are being dropped off here by DHS and CBP.
00:49:15.180 So as they get dropped off here, they give the migrants a list of hotel rooms that is available to them.
00:49:22.520 And the migrants go online on their phones that have been given to them by our government.
00:49:28.700 And they are able to find that the prices online are about a $40 to $50 discrepancy.
00:49:35.760 So this particular location is overcharging migrants to be let out of their facility.
00:49:43.720 So the migrants are getting really impatient.
00:49:46.400 Some of them were allowed to come out of the building because they have no money.
00:49:51.200 And these people are now homeless, living in the streets because there is no plan in place out here.
00:49:58.700 other than stacking them in hotel rooms that they have already chosen for them.
00:50:05.160 And same thing with the bus line.
00:50:08.080 That your government's paying for.
00:50:09.900 Ben, at 2 o'clock from Austin, you, Anthony, tell us what we're going to see in Real America's Voice,
00:50:15.160 what the lineup's going to be, why is it important for people to watch today?
00:50:19.480 Yeah, later today, 2 to 5 p.m. Eastern Time, Real America's Voice News.
00:50:23.020 We're booking up there right now to Austin, but we're still down here.
00:50:26.200 Matamortos, real quick.
00:50:27.220 I just want to show you this to answer the question. Does Joe Biden, do they know what's
00:50:31.280 happening? I just want to show you that excavator right there is making a pathway. This would have
00:50:35.120 been like on D-Day if the Germans would have invited the landing craft to come on shore. 0.90
00:50:39.560 We're making it easier because they know what's coming. We're going to be talking about that 0.91
00:50:43.160 tomorrow, two to five, excuse me, today, this afternoon, two to five p.m. in Austin, Texas,
00:50:48.340 Real America's Voice News. We'll be there, me and Anthony and the rest of the team.
00:50:52.100 You and Anthony are going to be there. We've got Lara Logan's going to speak. Chip Roy's
00:50:55.420 going to speak this is an all-star cast and it's how many more is the question how many more and
00:50:59.280 this is really driven by the state of texas but it's it's the entire country correct that's exactly
00:51:05.540 right sir it's the entire country it's a rally by the way you and anthony anthony real quickly
00:51:11.180 what's your social media how do people follow your your uh your reporting sir they can find
00:51:16.140 me on getter sir at real anthony and please follow our rumble account at border wars on rumble steve
00:51:22.200 thank you brother uh ben how do people get to you
00:51:26.240 at ben burkwam on all social media and frontline america.com and we just set up a sub stack
00:51:32.920 frontline america that'll be up there if it's not up today it'll be up very soon
00:51:36.080 you're uh doing the lord's work gentlemen look forward to the rally this afternoon thank you
00:51:41.720 very much right here on real america's voice stick around thank you sir um by the way we're 0.99
00:51:47.160 going to start, we're going to have Monica Crowley. We've got Todd Benzman. This is what
00:51:54.080 we did. It kind of got overblown by the President Trump speech in New Hampshire. You've got to see
00:51:59.660 this. Todd Benzman is going to be talking about Title 42 being short of 700,000 to a million
00:52:04.960 potential invasion on the southern border. And Monica Crowley will be here with senior
00:52:09.820 executive in the Trump administration, the Treasury Department, to go through the administrative 0.89
00:52:14.080 State, the war on Trump, and all of it. You're not going to
00:52:16.000 miss that at the second hour of the morning show.
00:52:18.080 Make sure you go to MyPillow.com. Promo code
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00:52:38.140 Got about a minute. Walsh, I'm going to get you back.
00:52:40.300 One thing, I want to hold it. You're
00:52:41.980 saying that the consultants and the people making money
00:52:44.040 this are lying to the american people and lying to representatives this trillion dollar trip you
00:52:48.940 call it it will be worse than that and people are getting bad information right now yeah what
00:52:53.520 what they're doing is adding as whole values the wind and solar at about 520 gigawatts that are
00:52:59.780 actually restated for their useful time that they operate really only about 151 gigawatts or 70
00:53:06.980 percent less adding that to whole values of nuclear and coal that run all the time you can't do that
00:53:12.500 So when you do that, you wind up, I call it net zero.
00:53:15.420 We're at the same net position in 2030 on electricity generation as we are today, not to mention we'll have 19.5% population growth, hopefully 19% to 20% GDP growth between now and then.
00:53:28.760 We'll need a lot more electricity before we get to EVs.
00:53:33.020 At Harvard Business School, we would say Walsh just cracked the case.
00:53:36.720 We're going to have you back particularly in studio.
00:53:38.380 The net result would be aluminum making, iron and steel making, petrochemical plants, chemical plants, ammonia plants for fertilizer, chemical plants, plastic and polymer plants will move offshore into the 170 countries that do embrace carbon fuels.
00:53:52.760 Not to the 13.
00:53:53.260 They won't be able to afford to be here. 0.77
00:53:55.000 Trump, by the way, 45books.com, put worm in, you get a discount, free shipping.
00:54:01.120 Look at that.
00:54:01.780 This thing is amazing.
00:54:03.660 The conversation piece, you're going to have a fantastic time with it.
00:54:06.440 The new book about President Trump.
00:54:08.380 By President Trump.
00:54:10.080 Also, MyPillow.com.
00:54:11.640 Make sure you go there.
00:54:12.340 And Birch Gold, you've got it down.
00:54:13.820 We've got homework assignments.
00:54:15.080 Everybody works.
00:54:15.640 We've got another whole hour coming up.
00:54:18.260 Everybody's got to work.
00:54:19.380 If you're going to save your country, save the republic.
00:54:22.180 I also want to go on the live chats.
00:54:24.280 Does Dave Walsh, Tom Brokow, Doppelganger, is that his name?
00:54:29.600 Unbelievable.
00:54:30.140 Walsh, thank you so much.
00:54:31.320 Thanks, Dave.
00:54:33.080 Dave Walsh is a good man.
00:54:34.800 Okay, stick around for the next hour.
00:54:36.360 war room Monica Crowley Todd Benzman strap in we're here see you then
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