Bannon's War Room - June 03, 2023


Episode 2779： The Useless Idiot; The UFO Coverups


Episode Stats


Length

57 minutes

Words per minute

179.10603

Word count

10,330

Sentence count

758

Harmful content

Misogyny

3

sentences flagged

Hate speech

9

sentences flagged


Summary

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

The debt ceiling is now back at $16.7 trillion. The debt ceiling was supposed to be raised by the White House and Congress on September 30th, but it was actually agreed to by President Obama and Sen. Joe Biden. Now the details are coming out about how this happened.

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.
00:00:08.000 Because we're going medieval on these people.
00:00:11.000 Here's one time I got a free shot at all these networks lying about the people.
00:00:15.000 The people have had a belly full of it.
00:00:17.000 I know you don't like hearing that.
00:00:19.000 I know you try to do everything in the world to stop that, but you're not going to stop it.
00:00:21.000 It's going to happen.
00:00:23.000 And where do people like that go to share the big lie?
00:00:26.000 MAGA Media.
00:00:27.000 I wish in my soul, I wish that any of these people had a conscience.
00:00:32.000 Ask yourself, what is my task and what is my purpose?
00:00:36.000 If that answer is to save my country, this country will be saved.
00:00:43.000 War Room. Here's your host, Stephen K. Bannon.
00:00:51.000 ...that this is just going to become the norm whenever this needs to be raised.
00:00:56.000 Well, that's why the starting point in this negotiation, which Speaker McCarthy insisted on, was that we would postpone facing this again at least until the end of next year.
00:01:07.000 And that to me is a promise that really convinced a lot of us that we can move forward and not have this hanging over our heads.
00:01:15.000 All right, Senator Durbin, thank you.
00:01:17.000 What are they saying?
00:01:18.000 They've got a handshake agreement with Joe Biden?
00:01:20.000 I mean, I can't believe that.
00:01:22.000 But here's the real killer.
00:01:24.000 It took the debt ceiling out to the January 1, 2025, a year longer than the Republican bill proposed.
00:01:30.000 Here's a piece of information for your viewers.
00:01:33.000 I just heard it tonight from the Speaker in the conference.
00:01:36.000 He said the reason that happened was his call.
00:01:40.000 It wasn't even asked for by the Democrats.
00:01:42.000 He didn't want to end up in another negotiation with Joe Biden next year because he believed that they would ask for more.
00:01:48.000 That's what he said.
00:01:50.000 He said that you understand that's a four trillion, maybe five or six trillion dollar increase in debt that we just let him have.
00:01:59.000 And the speaker says he made the call deliberate strategy.
00:02:02.000 I've got new reporting this morning that goes behind the scenes about that, how they felt like if the White House was like they got a really good deal here.
00:02:08.000 But if they were seen gloating or crowing about it, Republicans might lose.
00:02:12.000 They might lose votes.
00:02:13.000 They might be less reluctant, less supportive of it.
00:02:16.000 So they decided to wait.
00:02:17.000 The victory lap will come another day.
00:02:19.000 They feel like this is something important for the country.
00:02:21.000 And this idea of the president being sort of above the fray, being the calm, steady hand.
00:02:26.000 That's a nice contrast against the hysterical Republicans, they say, before twenty twenty four.
00:02:33.000 It's Friday to June in the year of allure twenty twenty three for the Fox afternoon host sitting there mocking Joe Biden saying look like a bug on his back, bug on his back when he when he fell yesterday.
00:02:45.000 Remember that bug on the back completely owned the Republican Party.
00:02:52.000 Now the details are coming out.
00:02:53.000 Now the details are coming out.
00:02:54.000 And what we're talking about is how do we get accountability on this?
00:02:57.000 I'm still breathtaking.
00:02:59.000 The New York Times just to make you feel even better.
00:03:02.000 The New York Times has the lead story about how this debt deal doesn't do anything, anything to cut spending or really to do anything to the debt.
00:03:13.000 And their headlines about the debts about to explode and even grow even faster.
00:03:16.000 And they talk about the fifty trillion dollars and then back into the end of the decade.
00:03:21.000 The New York fricking Times.
00:03:23.000 This is a firestorm and we're not going to let it go out because there has to be accountability.
00:03:30.000 There has to be accountability.
00:03:32.000 The coalition government that was signed off on to allow McCarthy to become speaker in the first week of January, that coalition government is now a coalition government with radical Democrats.
00:03:43.000 You heard Congressman Clark came on here this morning with the pistol brace bill, which is a top priority for many, many people throughout the country, including potentially three.
00:03:56.000 There's 10 to 40 million pistol braces out there.
00:03:58.000 And they're saying there could be as many three million people that could actually be according to the ATF felons now.
00:04:04.000 And this bill was supposed to take out of it. The leadership came to him and said, unless you vote for the rule, we're going to pull the bill.
00:04:11.000 And he voted again or he voted against the rule to let it come to the floor and they pulled the bill.
00:04:17.000 It's not on the slate for next week.
00:04:19.000 One of the most important piece of legislation for people that ring doorbells, work phone banks, knock on doors, put hangers out, send emails.
00:04:28.000 And more importantly, these guys send money.
00:04:31.000 It's screw you.
00:04:33.000 Russ vote.
00:04:34.000 Where do we stand?
00:04:35.000 We've had so many people come on here to say this is a tissue lies.
00:04:38.000 It's not even worth discussing.
00:04:39.000 It's such a joke.
00:04:40.000 But Jeff Clark from your shop did a fantastic job this morning.
00:04:44.000 But the issue is, and now I'm hearing from other sources.
00:04:47.000 I've been having meetings here all afternoon.
00:04:49.000 The White House.
00:04:51.000 And here's the most important thing in this entire negotiation.
00:04:53.000 You know what it was?
00:04:54.000 The White House, you got to give them credit.
00:04:57.000 They kept, they hermetically sealed the fact that McCarthy brought it up in one of the first meetings.
00:05:04.000 McCarthy surrendered right there.
00:05:06.000 They never thought they'd get a second year.
00:05:08.000 McCarthy offered up two years, no cap.
00:05:11.000 And they were like so stunned.
00:05:12.000 And they're in the big thing is they kept it quiet because of that had leaked out a scintilla.
00:05:17.000 They knew there'd be no deal.
00:05:19.000 They'd never get it there.
00:05:20.000 They're like in stunned, in shock.
00:05:22.000 Russ Vogt.
00:05:25.000 We're at the end of a very consequential week that needs a lot of work over the weekend to be able to be in a great place for next week to be able to have the types of conversations that need to happen in Congress.
00:05:37.000 Because there's three points that I'd like to make.
00:05:39.000 Number one, the issue with Andrew Clyde shows you that this leadership team, Kevin McCarthy, doesn't care about saving the country.
00:05:47.000 He cares about protecting power.
00:05:50.000 If you have a leadership that actually cares about the individuals who own these devices and you are going to make sure that ATF doesn't turn them into felons, what are you, you're going to be the one that puts the bill on the floor.
00:06:06.000 And you're not going to use it as leverage against members because they have a different view procedurally than you do.
00:06:13.000 So that is mission critical number one.
00:06:16.000 And second point, when you hand over the power to the Democrats for a second year, and that is your request, you bring it to the table.
00:06:28.000 So what you're telling your entire side, your conference, and what you're telling the American people is that you are afraid of using leverage points.
00:06:37.000 You're afraid of negotiation.
00:06:39.000 You don't eat it for breakfast.
00:06:40.000 You're afraid of it.
00:06:42.000 And so how can you be trusted with further power in the next one, which we now won't have for a while?
00:06:48.000 But there will be other must-pass bills, not enough of them.
00:06:51.000 You just seeded it over.
00:06:53.000 So that's the second point.
00:06:54.000 And then the third point I would say is that we're in coalition government.
00:06:58.000 And when you're in coalition government as a result of a power-sharing agreement with the 20 and House conservatives,
00:07:05.000 and in any other coalition government in the rest of the world, what happens the day after you side against your coalition?
00:07:13.000 You have a vote of no confidence.
00:07:15.000 That's what happens.
00:07:16.000 That's what a prime minister in any other system in this world has.
00:07:20.000 They have a vote of no confidence in our House of Representatives that they motion to vacate.
00:07:25.000 And so that tool, there is every right for members to be using that tool at a moment of their choosing when they feel that they can win it.
00:07:35.000 Because he has done something, and he is behind closed doors, seemingly at the beginning of the negotiation.
00:07:42.000 He has decided, I'm going to be in coalition with Majority Leader Hakeem Jeffries, and as a result, he needs to have a reckoning.
00:07:50.000 And so there will be a number of things, a flashpoint that I'm looking towards towards next week,
00:07:55.000 and whether that's on the rules and the conversation of motion to vacate.
00:07:59.000 It has to be on the table, because he put himself in a position where he deserves a vote of no confidence.
00:08:05.000 And when that vote can be won, that vote needs to occur.
00:08:09.000 But here's what I think the win is, because I've always been very hesitant about the motion of AK to use it,
00:08:17.000 because we showed over the last 24 hours that Hakeem Jeffries is a coalition partner.
00:08:22.000 This was a Democrat bill.
00:08:24.000 It took 50 Democrats to get the rule on the floor.
00:08:30.000 He turned the floor over to the Democrats.
00:08:32.000 What Nancy Pelosi would do, it's inconceivable.
00:08:34.000 Turned the floor over to the Democrats, and then lied about a deal on earmarks.
00:08:37.000 He cut a deal with Hakeem Jeffries on earmarks.
00:08:39.000 Because Hakeem Jeffries is Meade Esposito, the Queens and the Brooklyn guy.
00:08:43.000 These guys, they don't do anything unless they get something.
00:08:46.000 They're going to get something for the effort.
00:08:48.000 This is hardcore smash mouth against a kid that ran a hot dog stand in Bakersfield, California.
00:08:55.000 He owned him.
00:08:57.000 And then it's a Democrat bill.
00:08:58.000 He couldn't even deliver the 150 votes he said he was going to deliver.
00:09:01.000 More Democrats voted for it.
00:09:02.000 This is Hakeem Jeffries' bill.
00:09:04.000 There has to be.
00:09:05.000 We need to do the motion of AK to show to the world, just in high relief,
00:09:10.000 the only people who are going to save him are going to be Democrats.
00:09:13.000 They're only going to be Democrats.
00:09:14.000 And we might as well put that out to the world.
00:09:16.000 Should we not, Russ, or am I trying to press this too hard?
00:09:21.000 I don't think you're trying to press it hard.
00:09:23.000 I mean, I think the case has been made.
00:09:25.000 And remember we heard in the Speaker's fight in January,
00:09:28.000 oh, my gosh, oh, my gosh, we're going to have a coalition with Democrats.
00:09:33.000 Well, that's what you just got.
00:09:35.000 You got on a policy basis governing with Democrats on the most critical must-pass cartel furthering bills.
00:09:45.000 You got a coalition with Democrats.
00:09:48.000 And you got to make it clear to the American people.
00:09:51.000 And I think there's a lot of things that couldn't be on the table,
00:09:56.000 whether that is bringing down rules procedurally, all of this building towards the types of conversation.
00:10:01.000 There's nothing, there's going to be conversations next week because that's the way these things proceed.
00:10:06.000 But there is nothing that Speaker McCarthy can say that's going to restore the confidence of the conservatives
00:10:16.000 that would allow them to go back and trust him.
00:10:19.000 How does he restore the American people's trust with him?
00:10:22.000 There's nothing that can be said.
00:10:23.000 You cannot.
00:10:24.000 You cannot.
00:10:25.000 And so you've got to have the bloodletting and let the vote go and have that vote of no confidence,
00:10:29.000 what we call the motion to vacate.
00:10:31.000 This is my point.
00:10:33.000 Well, let me just say, we're 100 days away from the next one.
00:10:37.000 There could be others, but there is another.
00:10:40.000 They all talk about the appropriations process and regular order and doing it.
00:10:44.000 Well, essentially 100 days from now, you're going to have the thing of passing where you're going to do all your cuts.
00:10:49.000 You told us, hey, they're going to really do all these cuts.
00:10:51.000 And you're going to have the Senate's going to say not interested.
00:10:54.000 And then it's the ticking clock of the midnight on the 30th of September when the fiscal year ends.
00:11:02.000 We're going to be, as you know, Russ, with the CR, with no, we got it.
00:11:06.000 And who is going to be the leader that's going to use leverage and stare down and negotiate and fight?
00:11:13.000 Right. The Democrats in the Senate and plus the collaborations, the 17 to 19 collaboration as Republicans, plus the Biden regime.
00:11:21.000 Can anybody have confidence that Kevin McCarthy can do that, sir?
00:11:26.000 There's absolutely no confidence because he will be conspiring behind closed doors to pass the bills of the Democrats.
00:11:33.000 He's not going to be like, hey, what do I need to do to stop Lindsey Graham's Ukraine funding or the defense increase that they talked about on the floor yesterday or the earmark?
00:11:41.000 No, no, no. He's going to spend his time, he's going to beat his chest outside and go behind closed doors and manipulate and be able to plan out the failure theater that he is a part of.
00:11:54.000 Why did this negotiation take so long? It didn't take so long because they hadn't caved.
00:12:00.000 It took so long because they were planning out how to manipulate the lies that they would tell their respective conferences to be able to have the Democrats know, but also not tell the world that they won and have the Republicans look like useless idiots with regards to going out there and say we defunded the IRS.
00:12:17.000 We have an automatic CR that's up to the IRS. We have an automatic CR that's up to have a haircut. None of that's true.
00:12:22.000 And so that's what they have done for the last several weeks. And that confidence, you can't put that back in the bottle.
00:12:29.000 And they want us to go on to the next fight and I'm always game up for another appropriations fight, but you can't go to the American people and say this is a real fight unless real change happens as to whether the cartels are in control or whether House conservatives are in control.
00:12:46.000 And that is what needs to happen. And I do want to speak to the activists out there. Don't be discouraged. It was a setback, but get off the map because we need you in the fight and you are winning right now.
00:13:01.420 You are exposing the falsity of the debt limit package and we got to get these guys, let them rest for the week, weekend. But when we, they got to get back in the fight and they, you got to have their back to do what they did this week and in January.
00:13:16.940 Hey, we're live tomorrow. This audience is ready to roll. This is a, but Hey, this is a victory in the fact that it's a clarifying moment. It's the most clarifying moment in modern political history.
00:13:28.400 Cause now you see, you've got the donor party, the unit party, and you have the populist, nationalists, traditionalists that are trying to save the country.
00:13:36.200 Russ, I know you got a boat, a bolt. We got a lot to do over the weekend. And then next week, uh, how do people get to the center with all your analysis?
00:13:43.700 Particularly, you've got the whole analysis of the deal up there and how they follow you on social media.
00:13:49.020 At Russ vote. We're going to be continuing to work this throughout and we're not going to let the debate go in a place where we can't win the debate over the next several days.
00:13:57.880 Waiting on Monday. So follow us, americarenewing.com. The summary is up and we appreciate all of the time to let us be on the show.
00:14:08.260 Uh, we couldn't do it without you, sir. Your entire team. Thank you very much. Honored to have you on here.
00:14:13.220 Thank you.
00:14:15.320 Okay. We're going to take a short. Remember the, the, the, the biggest things that are going to come out of this negotiation was the discipline of the Biden team to not gloat or leak it to the press of what had happened.
00:14:27.100 That, that, that McCarthy went in there and surrendered, fully surrendered, gave them all the terms, took out the 1.5 trillion, took out the one year, gave them two years past the 24 election with no cap, uncapped, uncapped.
00:14:44.460 Short commercial break. Congressman Tim Burchard. We're going to talk about this.
00:14:48.200 Also, is NASA trying to pull a misdirection play? Are they trying to put a shiny toy in front of the war room? Next.
00:14:57.200 Well, Congress, once again, allowed itself to be pushed into appeasing the administration and raising the debt ceiling for the 79th time,
00:15:07.520 paving the way for continued reckless spending and further devaluation of the U S dollar.
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00:16:28.620 Your host, Stephen K. Bannon.
00:16:35.620 The RNC has just published the rules for the first debate in Milwaukee, 23 August.
00:16:42.560 I'm going to get to that a little later in this hour, has a shocking element to it that we'll talk about in depth.
00:16:49.560 I may even try to get Caroline Renn on here to break it down. 1.00
00:16:52.800 Congressman Tim Burchett.
00:16:53.960 First of all, Congressman, the folks in East Tennessee, the more this gets unpacked and they can chew on it and think about it,
00:17:01.120 because in the volunteer state, I know they're slow to anger, but they have a lot of discernment.
00:17:07.360 Give me your sense of where we stand and people thinking about this and what went down.
00:17:12.560 Oddly enough, Mr. Bannon, they were on top of this thing early on, I would say probably, and I'm not exaggerating.
00:17:20.480 I talked to one of my staffers late yesterday and this morning, and the calls were 90% at one point against the bill and approved of my voting.
00:17:32.020 A lot of my friends, some of them are incredibly wealthy, and the vast majority of them said,
00:17:39.520 hey, we've got to pay our dadgum bills, and there were some that were against it, but the vast majority saw through this thing.
00:17:46.800 It's just the bottom line is, and they understand in 10 years, the largest item in our budget will be interest on our debt, the largest item.
00:17:57.920 I mean, you can drive down 40 and 75 in a pickup truck with barrels of cash and just throwing it out the back.
00:18:03.860 It was exactly what we're doing.
00:18:06.280 And, you know, it's just a lot, a lot of anger and frustration.
00:18:10.700 Why did I do all this?
00:18:11.920 Why did we do all this?
00:18:13.420 And this is what we got.
00:18:14.520 And I don't have a good answer for them, other than, you know, I voted the will of the people of my district.
00:18:21.780 But, you know, it's frustrating, and it just seems like more of the same.
00:18:29.080 And I do not understand how we can't get through our thick heads that this debt will cripple us.
00:18:35.760 When the New York Times, Congressman Birchett, when the New York Times this afternoon, which you think would be celebratory with what Biden pulled off and what Hakeem Jeffries pulled off, is actually a warning.
00:18:49.060 I mean, they said this bill does nothing to address spending, and they start off with the $50 trillion in 10 years.
00:18:56.020 It's a real warning.
00:18:59.420 We're 100 days away.
00:19:01.160 We're going to have a clash at the end of this fiscal year, September 30th.
00:19:06.360 It's coming.
00:19:07.660 And that is going to be the same thing.
00:19:08.920 They said, oh, they're going to make some cuts in appropriations, but you're going to have this whole thing about a CR.
00:19:13.200 They're talking about, by the way, the bill that passed with, it's going to have the $7 trillion and $6.8 trillion in spending and the $4 trillion over the next two years in deficit minimum.
00:19:23.720 They're already talking about supplements, talking about a defense supplement, talking about a supplement for Ukraine, talking about maybe some emergency supplements.
00:19:30.280 The supplements are going to come.
00:19:32.800 The spending is unbound right now.
00:19:36.180 Do you feel confident that leadership dealt straight with you and, more importantly, with the folks in your district that could lead a tough fight that you're going to need at the end of this fiscal year so that we stop the madness of the omnibuses and the CRs?
00:19:51.860 Because I'm telling this audience, that is hurtling down, you know, and I'd love the regular order they're doing in appropriations, but the CR omnibus madness is going to overwhelm us unless you have tough, focused leadership, sir.
00:20:07.080 I believe they understand it fully.
00:20:09.860 They do not trust government.
00:20:11.880 They do not.
00:20:12.300 At this point, a lot of my folks don't trust either party.
00:20:15.480 I was in a county and over in middle Tennessee, I was asked to speak at a Reagan Day dinner last night in White County.
00:20:24.400 And they, it's over near, upon the Cumberland Plateau, just a little bit outside of Alvin York country, as they call it.
00:20:32.980 And that was about the number one question.
00:20:36.460 I say, why are we doing what we're doing if this is what we're going to get?
00:20:40.120 And I honestly didn't have a good answer for them other than to say, well, your congressman, Congressman Rose and myself, we both voted against it, as did the majority of the Tennessee congressional delegation.
00:20:52.960 But I just think we're, we're in a mess.
00:20:57.480 We are in a mess.
00:20:59.560 We, we have no clear answer for this.
00:21:01.600 We, you know, if you break it just down to the simple things, like, you know, the folks that are on, we, we're increasing the number of people on food stamps.
00:21:12.260 We got 32 trillion in debt.
00:21:14.340 If we had just gone back to fiscal spending prior to COVID, and I've stated this many times, I was on like one of these Scripps Howard things.
00:21:24.120 I always go on these liberal sites.
00:21:26.160 You know, the Bible talks about casting your pearls among the swine.
00:21:28.980 And I guess I was, I was, I was asked deep in the swine on that one, but you know, they asked me and I, uh, all this stuff.
00:21:36.720 And I just said, you know, we are, we're, we're, we're in a mess in this country.
00:21:40.860 And I just don't think they, the people on the left are, are, are getting a full grasp or maybe they understand it better than we do.
00:21:48.880 They understand, I think that now these, uh, these Marxists that are, that are behind the strings, behind the screen, pulling some of these strings.
00:21:58.120 Um, they want to destroy this country and they are, they're doing a darn good job of it right now.
00:22:04.040 When you have as good a man as, uh, Andy Clyde, uh, commander in the, in the Seabees, the Navy Seabees, when he has been working this bill on pistol braces, he says, Hey, there's 10 to 40 million out there.
00:22:17.620 There could be as many as 3 million people that are technically in this violation of what ATF is going to do.
00:22:22.240 So when you talk about Sergeant York's company, uh, country, the great hero of world war one, what are folks that are supposed to think when they hear that leadership post took the bill off the slate because he wouldn't vote their way for the rule?
00:22:37.140 What are they supposed to think about that on something that's so urgent and so important as this pistol brace legislation, sir?
00:22:43.940 Well, I hope they get pissed off and get, make sure everybody's registered to vote and vote in the next presidential elections.
00:22:49.980 But they're, I think it beats them down and it, um, and some of our second amendment groups need to step up to the plate and not worry so much about their fundraising and, uh, showboating around the country.
00:23:03.400 They need to get involved and get in the fight and get on the floor and, and start talking to legislators about these things and start calling leadership into question.
00:23:12.900 We need to call these people out by name.
00:23:14.520 Um, I had, um, I had lunch, I had supper with, with Clyde and his, and his wife, lovely bride, um, last Thursday, Bishop, Congressman Bishop asked me to be there and I sat next to Clyde and his wife and they're lovely people.
00:23:29.660 And, uh, um, you know, I'm used to this kind of thing.
00:23:33.000 I've been doing this my whole life.
00:23:34.300 I've been on the phone right before I came on with you talking with other members about that issue and, and I'm going to be addressing, and I, I made a call into some of the leadership and I'm going to directly talk to the speaker about that because that just, you know, I just think that is, that is, uh, that's half ass at best.
00:23:56.600 And they, and the people, and if leadership does not call that out, then they endorse that.
00:24:06.360 Congressman, uh, here, you know, the J six situation, the footage that's coming out, the Chris Ray situation, these are the things that we're recovers.
00:24:14.460 Obviously I'm part of the Chris Ray thing.
00:24:16.820 You know, I'm going to federal prison for four months for defying Nancy Pelosi.
00:24:20.100 Um, the, uh, so we have vested interest in this and these are stories we cover.
00:24:24.580 We have not covered these cause these are shiny toys that McCarthy's trying to throw out to divert the attention from this.
00:24:30.900 This is what needs to be dealt with and needs to be dealt with this weekend and next week.
00:24:35.160 But, you know, being a former Naval officer, when I see the Pentagon and Navy pilots and putting out footage and talking about UFOs and NASA, the most unreported story this week is this NASA situation.
00:24:47.960 I know that you're an expert in this.
00:24:50.460 Could you walk, is this another shiny, is this to try to divert our attention from the issues we have with the administrative state, the deep state, the CCP with, uh, with the barring everything?
00:25:00.000 Or is there something real here?
00:25:01.680 Cause I, knowing how serious Navy pilots are, when I start seeing footage, gun site footage, because my kid brother's a Navy pilot, I start to, there's the Pentagon's trying to signal us on something.
00:25:13.920 What, what is going on?
00:25:15.080 I think there's a lot of things going on, Mr. Bannon.
00:25:18.700 One, um, um, I'm, I'm kind of delve deep in this.
00:25:22.980 I was asked, and the reason is I was asked by a reporter when the reports were coming out, the original report was going to come out.
00:25:29.580 And I said, it's going to look like Swiss cheese is going to be redacted.
00:25:32.200 And then I said, more people believe in Congress.
00:25:34.860 I mean, I'm excuse me, more people believe in UFOs and believe in Congress.
00:25:38.200 And I put it on one of my t-shirts that I sell on my site, actually.
00:25:42.140 And so that kind of picked me up in the, in the sights of all these other people.
00:25:45.520 And I've talked to numerous Navy pilots and others.
00:25:48.080 I think there's a couple of things we've got to worry about though.
00:25:50.240 It's all about power.
00:25:51.360 It's about money.
00:25:52.160 You have congressional members making 70, 80% return on their investments, um, because of the, of, uh, what we're doing in Ukraine, for instance.
00:26:01.480 We say, we're going to send our missiles to Ukraine. 0.98
00:26:03.580 Then we have to deplete our, by sending them our missile supply. 0.51
00:26:07.060 So then we have to re re up ours.
00:26:09.220 And then of course the, uh, the coffers open once again.
00:26:12.320 And I think we have to be very careful in this because what these departments are seeing now at first, they just laughed at us when we talked at them.
00:26:19.720 You know, I've talked to the people at Oak Ridge National Laboratory about it and they just kind of chuckled about it.
00:26:24.180 But now you're seeing more and more people are coming out.
00:26:27.160 So they're smelling dollars and NASA, all these other organizations.
00:26:31.720 I've been told by people in the know that are, that have had access to these type of things.
00:26:38.420 If they know what's going on, they've got files on this.
00:26:41.360 This is a way for them and the people that they, they, they march out gen, probably the vast majority of them genuine, genuinely think they're doing the right thing.
00:26:50.960 But I believe they're being used because, you know, they, they, we've got this whistleblower protection yet.
00:26:56.900 I talked to pilots who still are afraid to say anything because they will be debriefed for hours upon end.
00:27:03.100 This thing will be in their file and they are spotting things when the, uh, our intelligence committee or lack of intelligence committee.
00:27:10.620 Um, had the big hearing, um, had the big hearing, the open hearing on UFOs.
00:27:14.700 They wouldn't even slow.
00:27:16.480 Remember Adam Schiff of all people asked the best question of all the footage that's out there.
00:27:21.860 The tick, um, the tick, tack, uh, excuse me, the tick tack video, like the candy.
00:27:26.920 Yeah.
00:27:27.000 The tick tack videos that are out there that was on, um, 60 minutes for a long, long time.
00:27:31.960 And, uh, I think the New York times had a big front page blow up on this thing and it disclosed
00:27:36.760 everything.
00:27:37.820 We had a Navy pilot in the audience was not allowed to testify.
00:27:41.820 The guy that was on one of the famous tapes and the footage they had was something.
00:27:46.580 Some guy had a footage inside his canopy with his cell phone of something flying by.
00:27:52.580 And that's all they would show them.
00:27:54.160 And then Adam Schiff said the magic words.
00:27:56.140 He said, what exactly are we looking at?
00:27:58.440 And they couldn't, they had, I think, what was it?
00:28:01.840 15 seconds.
00:28:03.060 They couldn't stop the video to even show it.
00:28:06.380 And I mean, Isabel Burchett, my daughter, could have stopped that video.
00:28:11.780 Hang on for one second.
00:28:13.320 We're going to take a short commercial break.
00:28:14.620 Is it a shiny toy or is it a reality?
00:28:19.040 Congressman Burchett from Tennessee next.
00:28:22.920 We rejoice when there's no more.
00:28:24.560 Let's take down the CCP.
00:28:26.420 Friends, I can't believe the dire headlines we're facing in the world today.
00:28:31.220 Everywhere you look, things are falling apart.
00:28:33.380 That's why the smartest investment you can make right now is in your family's food security.
00:28:39.020 Let me repeat that.
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00:29:43.300 Take action, action, action.
00:29:45.780 Do it today.
00:29:46.200 Here's your host, Stephen K. Vance.
00:29:54.140 The aerial images were presented today.
00:29:57.480 UFOs spotted and now documented around the world.
00:30:01.060 Holding their first ever public meeting, top scientists at NASA, joined by a team from the Department of Defense,
00:30:07.940 revealed pictures and video like this one that captured a metallic spherical orb in the Middle East last year.
00:30:15.020 This is a typical example of the thing that we see most of.
00:30:19.240 Saying the origin of the orbs is unclear, officials at the DOD plan to soon deploy dedicated sensors to better track UFOs,
00:30:28.000 technically known as UAPs, unidentified anomalous phenomena.
00:30:32.600 The current existing data and eyewitness reports alone are insufficient to provide conclusive evidence about the nature and origin of every UAP event.
00:30:41.960 Confirming 50 to 100 new reports a month, NASA officials say most sightings can be explained, but 2 to 5 percent remain a mystery.
00:30:52.120 Today's preliminary findings, which only include unclassified data, come ahead of a full report expected in July.
00:30:59.460 There's a real stigma among people reporting events.
00:31:02.840 And despite NASA's extensive efforts to reduce the stigma, the origin of the UAPs remain unclear.
00:31:11.520 After decades of debunking and discrediting UFO sightings, tonight government officials are shedding light on images that will lead many to ask, are we alone?
00:31:22.000 So this should be the day the Earth stood still, Congressman.
00:31:29.320 But, you know, we've got all the stuff of transhumanism, artificial intelligence, we're being hit by every direction.
00:31:33.900 You've got all these massive issues from an invasion of the southern border to the pollution that's being put into the schools for our children,
00:31:40.020 to the out-of-control spending, to the Ukraine war that's out-of-control and spending, and CCP and Taiwan, the South China Sea.
00:31:48.360 The country is on a knife's edge with tension.
00:31:52.820 Is this another shiny toy?
00:31:54.700 Do you believe these pilots, do you believe there's actually something there that's real,
00:31:58.700 or is this just a total misdirection play by the administrative state?
00:32:02.400 I think some of it's a misdirection, Mr. Bannon, but I do believe that it is real.
00:32:07.580 I believe that this is probably the largest cover-up in the history of our country.
00:32:13.460 You can go back to 47 in Roswell.
00:32:16.320 Military intelligence, you know, they released, they'd recovered a saucer.
00:32:23.120 Of course, military intelligence is a lot like congressional ethics.
00:32:25.980 I don't think it really exists in reality.
00:32:29.680 But they, and then the next day they came back.
00:32:32.060 You don't believe, hang, you don't believe it's a weather balloon?
00:32:35.860 You actually believe that they actually, that actually something was.
00:32:39.620 I've talked to people that, I've talked to family members that have been there and, you know, just dumb luck.
00:32:45.880 But we can go into it some other time.
00:32:47.940 It takes too much time to get to the story.
00:32:49.980 But I believe, because they came out first and said, we've recovered a saucer.
00:32:54.780 And they put it on the headlines.
00:32:56.300 Now, how the heck are you going to, is it a saucer or is it a piece of cloth?
00:33:00.340 You know, this thing is a, and then of course, everybody came in and swept it under the rug.
00:33:05.620 And then, but there's been so many others.
00:33:07.820 But I go back to this intelligence committee meeting.
00:33:10.980 The, I was told I was going to get to ask a question and I kind of moved over towards the thing.
00:33:15.780 And I was going, I had a blistering question.
00:33:17.640 And I, cause I was sick of all this BS that we were being there.
00:33:21.960 I mean, the people they put in charge of this thing, I'm sure they're patriotic Americans, but I don't think they could spell UFO.
00:33:27.740 They couldn't stop a 14 second tape.
00:33:30.560 Isabel Burchett, my fifth, almost 16 year old daughter, she could have come in and hit the button and reverse the tape and stopped it. 0.98
00:33:38.000 But they couldn't do that.
00:33:38.960 The most technologically advanced country in the world.
00:33:40.860 So I walked off and I told the press, they said, what'd you think, Congressman?
00:33:44.500 You're the only Congressman here.
00:33:45.680 I said, man, we just got hosed.
00:33:47.780 That's all we did.
00:33:48.440 We got hosed.
00:33:49.200 We were fed a bunch of BS.
00:33:50.840 We have 13 documented near misses of our multi, multimillion dollar top notch aircraft.
00:33:58.300 And they're telling me that this is not an issue.
00:34:01.400 It is an issue.
00:34:02.460 It's a coverup.
00:34:03.340 It's beyond what I think a lot of people, they think we can grasp.
00:34:08.160 I can, you know, historically it's, it's there.
00:34:11.260 It's I, I, I, with this technology, um, you know, I've talked to Navy pilots.
00:34:17.060 They said, look, if that was one of ours or one of somebody, what they saw, this kid was telling me, he said, you know, you'd be a catch up package.
00:34:23.740 You would not be the Jesus.
00:34:25.420 These things are turning.
00:34:26.300 And, and why in the world you had the Navy pilot there and he had to sneak in with press credentials because they wouldn't let him speak.
00:34:36.220 Why wouldn't the intelligence committee let him speak?
00:34:38.660 This thing is a coverup and it stinks.
00:34:42.060 And, um, uh, you know, do you think the, when the, when the Pentagon first put out, when the Pentagon first put out the gun site, um, uh, cannon footage from the tech talks, my belief is that they're trying to socialize.
00:34:56.280 This, that they're leaking this out.
00:34:58.160 So it becomes part, do you believe they're trying to socialize it?
00:35:00.720 And that's the way they're trying to get it out.
00:35:02.540 Well, I probably know too much about it because I'm pretty sure I know who leaked it out, but the, um, they claimed it didn't exist at first.
00:35:11.160 And then when it got out, they said that it was, um, this is not real.
00:35:15.960 And then the pilots came forward and then they were forced to admit it.
00:35:19.120 It was real.
00:35:19.920 So you tell me, um, I just think it's a coverup.
00:35:23.520 It's out of their hands now and what's going to have to happen is somebody is going to have to come forward with some serious information, serious photos, serious, uh, videos or, or material, as they say, of, of unearthly, uh, origin.
00:35:39.900 And then it will, and then it'll blow the lid off this thing.
00:35:42.700 And, and, and, but before they do that, you know, you always worry about them committing suicide by shooting themselves in the back of the head 12 times.
00:35:49.640 This thing is real.
00:35:50.760 You know, um, Matt Gates and, and some of us were involved in a, in a hearing and we were briefed on some things and it was clearly was making, as I, as I leaned over to Matt, I said, the spooks in the corner of the room are getting nervous.
00:36:05.200 You know, the CIA or whatever alphabet agency they were a part of because, um, Matt forced their hand and he, he made them talk about what they did not want to talk about.
00:36:17.180 And, uh, um, thank God for him.
00:36:19.880 But, uh, you know, but I, I knew that was going to happen because I, I talked to too many people from the Pentagon.
00:36:24.800 I've talked to too many veterans, you know, a dear friend of mine, an old Navy guy, he, he saw me on one of the TV shows, ancient aliens or something.
00:36:32.460 And he called me about an incident that happened to him in the fifties and, and the, the CIA involvement.
00:36:37.980 And, um, he was Navy man and it was just, this is a coverup and it's been going on for years.
00:36:45.580 With all you've got going on, are you going to try to force it?
00:36:48.120 Cause I know Gates is quite engaged in this at one level.
00:36:51.300 Will a combination of you Gates and others try to force the hand here.
00:36:54.620 So the American people are dealt.
00:36:56.560 Yes, sir.
00:36:56.980 We actually get the real information.
00:36:58.740 We're going to have a hearing.
00:36:59.880 We're going to get those people before us.
00:37:01.300 And we're going to ask tough questions.
00:37:02.780 That's the only way we're going to get it.
00:37:03.960 But I would, I would warn the American people.
00:37:06.260 These, these agencies are going to ask for money to study it.
00:37:09.120 That's what they're after.
00:37:10.640 Um, they've already got the answer.
00:37:12.280 Somebody's already got the answer.
00:37:14.080 They've studied this stuff in the past.
00:37:16.020 They've, you know, I get called an idiot for this, but I believe they've recovered craft.
00:37:20.860 I've talked to too many people that have, that are in the know that, um, and there's some false flags out there.
00:37:27.240 They put out there and I, I've, I've never seen a UFO, but they're in the Bible.
00:37:31.980 I mean, read the first chapter of Ezekiel.
00:37:34.260 It's a King James version.
00:37:35.940 It's a translation, but it describes a will within a wheel.
00:37:39.320 It describes what you and I would call the classic saucer shaped, uh, UFO.
00:37:43.420 It's in the Bible.
00:37:44.340 It's in hieroglyphics.
00:37:45.460 It's in, um, uh, you know, it's in dark ages paintings.
00:37:50.120 It's, it's, it's there.
00:37:52.720 You got, you got the giants in, uh, in, in the early part of the Bible about Noah.
00:37:57.040 Remember that?
00:37:57.720 That's pretty brutal.
00:37:58.400 Yes, sir.
00:37:58.720 A couple of, uh, paragraphs in there.
00:38:00.400 And I, I don't believe my Bible.
00:38:01.780 I don't understand it.
00:38:03.000 Go ahead.
00:38:03.800 Sorry.
00:38:05.440 Now, are the folks in East Tennessee and Tennessee too, are they mature enough and adult enough
00:38:12.400 and with enough discernment that they could handle this information or should they be
00:38:17.060 treated like children by their government?
00:38:19.200 Yes, sir.
00:38:19.520 Well, they're being treated by their government and that's, what's really ticking them off.
00:38:23.260 I remember I was getting on the airplane.
00:38:24.760 This guy was dressed up pretty fancy.
00:38:26.640 I was walking through first class and he said, Hey Congressman.
00:38:29.820 And I thought, here it comes.
00:38:30.860 Some guy's going to rip me for something.
00:38:32.520 He said, that UFO issue.
00:38:34.160 He said, I really appreciate you.
00:38:35.620 He said, I'm sometime I'll get together and talk to you about an incident I had.
00:38:40.240 And this is, and I've had people, uh, a good friend of mine in the PR business, one of
00:38:44.580 the best PR peoples in the, in the region.
00:38:46.880 I've had, um, people that have shared photos from relatives that were in secure settings.
00:38:53.300 So, you know, these things are, it's, it's more, and they're just afraid.
00:38:56.420 They're afraid they're being stereotyped and I get it, but I don't care anymore.
00:39:00.200 I'm, I'm sick of it.
00:39:01.200 I think the government is, is that is, you're exactly right.
00:39:05.220 They don't think we can handle it.
00:39:06.780 I think it's, oh, it's going to disturb the religious. 0.96
00:39:08.940 Just, but I think it's more about money.
00:39:11.280 I honestly do.
00:39:11.880 I think it's money and power.
00:39:13.620 It's just like, you know, the Kennedy assassination.
00:39:15.620 They won't release all the files on that and everybody's dead.
00:39:18.860 Who the heck cares?
00:39:20.520 You know, but it's about power and, and that's what, and it's a, it's a, it's a human nature
00:39:25.880 and they've compartmentalized this to the point of, uh, of the minute levels and people are
00:39:30.160 dead and they're dying off and we need to get them before committees to talk about what
00:39:35.200 they know and let's get to the truth of it.
00:39:37.220 I'll let you go with a story that kind of ties us together.
00:39:41.620 Uh, in the beginning, when the church committee was set up, uh, Frank church was a liberal
00:39:46.800 Senator from Idaho and they, they put some liberals on there.
00:39:50.440 They put, uh, they put, uh, Gary Hart had just been, um, he had just been, um, elected in
00:39:56.200 Colorado and they wanted to go on to, and he decided he wanted to get a back channel to
00:40:00.560 the CA so I think he had dinner with Colby, had dinner with Helms and they recommended
00:40:04.240 he have dinner with, uh, James Angleton, the, the, the, the legendary head of counterintelligence
00:40:09.340 that was the guy that went and got all the moles, but really ran the CA day to day.
00:40:13.340 And Gary Hart meets him at the army Navy club and he's sitting there and they're having dinner
00:40:17.740 and they had a couple of drinks and he's feeling a little comfortable towards the end.
00:40:20.580 He says, uh, he says, uh, Mr. Angleton, um, do you believe the CIA had anything to do with
00:40:26.880 the Kennedy assassination?
00:40:28.180 Now this is the man who runs the deal.
00:40:31.040 He's the great mole hunter in the CA legendary.
00:40:34.200 He looks at heart and he said, you were a theology major, weren't you certain?
00:40:38.140 He goes, yes, sir.
00:40:38.860 And he goes in my father's house, there are many mansions.
00:40:43.140 And that was his answer about the CIA's involvement in Kennedy's Gary Hart, Gary Hart and the
00:40:49.240 thing said he was struck cold by that.
00:40:51.920 Congressman, what's your social media?
00:40:53.320 How do people get to you, sir?
00:40:55.020 I got all the others.
00:40:56.340 You can Google them, but the cool ones at Tim Burchett on Twitter.
00:40:59.280 And I appreciate you because every time you ask me that I get the Bannon bump.
00:41:02.740 My last video on the, um, the, the debt ceiling went over a hundred thousand today.
00:41:08.100 And I thank you for that because of the followers and the good people that follow you.
00:41:12.200 But at, you know, at Tim Burchett, T-I-M-B-U-R-C-H-E-T-T, that's on, um, on, on Twitter.
00:41:18.920 That's the one I get just unleashed.
00:41:20.660 I've got an official one where they spell all the words right.
00:41:23.460 And they put the commas in all the right places.
00:41:25.220 But the one I do when I get ticked off and, and people say, why'd you say that, Burchett?
00:41:29.800 And I say, well, that gummit, it was the truth. 0.95
00:41:31.420 And they say, I know it, but you still shouldn't have said it.
00:41:34.380 And I say, well, I don't care.
00:41:36.340 That's too much genetically.
00:41:37.900 Unfortunately, my daddy was an old Marine and my mom was just a good old country girl 1.00
00:41:41.820 from Cheatham County.
00:41:42.860 And, and somehow they, they, uh, they saved the world and I'm afraid we're getting ready
00:41:48.920 to give it all away.
00:41:51.500 Well, from out there in Tennessee in the, in the land of, uh, that gave us someone like
00:41:56.860 Alvin York, the great hero of World War I, Sergeant York.
00:42:00.060 Uh, we want to thank everybody out there, the volunteer state.
00:42:02.640 Thank you, Congressman.
00:42:03.460 Appreciate it.
00:42:03.980 Thank you, brother.
00:42:05.240 They love you here in East Tennessee.
00:42:06.620 And, and please, next time you're down here, we, my wife and daughter and I'd love to have
00:42:11.040 you at the house and we'll, we'll grill some hamburgers.
00:42:13.760 We're not real fancy or anything.
00:42:15.340 So we'll, and you, and you can't smoke in the house, so you got to go out front.
00:42:21.000 All right.
00:42:21.600 See you, brother.
00:42:23.760 Thank you, sir.
00:42:24.740 Appreciate it.
00:42:26.680 Um, we're going to take a short break.
00:42:29.160 We've got a lot to cover.
00:42:29.980 Uh, new rules came out today.
00:42:34.320 Remember, um, McCarthy said, I got to give him two years.
00:42:38.840 Got to take that one year off because he told his conference in a year from now, we're going
00:42:43.620 to be in a weaker position.
00:42:45.960 A year from now is when the primary ends.
00:42:49.080 When Donald J.
00:42:50.000 Trump will be the nominee of the Republican party.
00:42:52.980 What did he mean by that?
00:42:53.820 Be weaker.
00:42:54.260 Today, the RNC put out the rules for the debate.
00:43:01.220 In the last rule, I think I read it correctly.
00:43:04.580 I just did it before it came on.
00:43:05.560 We'll read it again.
00:43:07.040 All participants must sign a document that says that they will support the nominee.
00:43:13.480 Are they telling us they're disinviting Donald John Trump?
00:43:20.320 Not that he should have any debates with the Keebler Elves. 1.00
00:43:22.880 Doesn't need to debate the Keebler Elves.
00:43:25.320 Nothing to debate with the Keebler Elves. 1.00
00:43:28.620 Short break.
00:43:30.360 E.J.
00:43:30.800 and Tony, as he does, gotten back in the numbers of this jobs report.
00:43:35.460 He's here to give you a reality check.
00:43:38.280 Next in the war room.
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00:45:25.460 Do it today.
00:45:26.280 Take action.
00:45:27.480 On taxes.
00:45:28.840 In Congress, Ron DeSantis pushed a 23% national sales tax where the middle class pays more.
00:45:34.980 90% of families would get a tax hike if DeSantis replaced the current system.
00:45:39.560 President Trump cut taxes a lot.
00:45:42.760 Lowering tax rates for everyone.
00:45:45.080 Trump cut taxes.
00:45:46.360 DeSantis tried to raise them.
00:45:49.180 Ron DeSantis, wrong on tax hikes, just not ready.
00:45:52.960 Make America Great Again, Inc. is responsible for the content of this advertising.
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00:46:29.000 Steve Stern, big event on 14 June on Flag Day.
00:46:33.520 We're going to be all over that.
00:46:35.560 A lot more information.
00:46:36.700 Just stay tuned to honor our flag.
00:46:38.880 Also, this weekend, I'm going to have on the 6 o'clock show, Nicole, the third anniversary of the new federal state of China.
00:46:45.700 I'm going to be making a big presentation there to talk about the indictment of the Chinese Communist Party for crimes against humanity, particularly Lao Bai Jing, the American people, the Chinese people, the nation of China, all of it.
00:46:58.880 So I'll get more than that at 6 o'clock.
00:47:01.340 E.J. and Tony, we didn't have time because we've been covering this debt ceiling, but the numbers came out today.
00:47:06.080 And, of course, certain elements of the left are skipping around.
00:47:09.600 But all you have to do is look in back at these numbers slightly, and there's a lot of bad news there.
00:47:17.600 What's the reality check on this, E.J.?
00:47:19.600 Well, Steve, here it is.
00:47:21.700 The headline jobs number said we added well over 400,000 jobs between last month and the two previous month's revisions.
00:47:30.940 But we have a lot of double counting there.
00:47:33.360 How on earth do we get double counting?
00:47:34.880 Well, if you or I, for example, go out and we get a second or even a third job, every additional one of those jobs is counted in that headline number.
00:47:42.840 Also, if I go from being self-employed, let's say I lose my business because, oh, I don't know, inflation is eating into my profit margins, and I go work for another corporation, guess what?
00:47:53.260 I went from not being counted to being counted.
00:47:56.340 So, again, the total number of people with jobs has not increased, but the double counting has.
00:48:03.000 And once you take that into account, there actually was no gain in that headline jobs number.
00:48:09.380 In fact, the second survey that makes up this jobs report, the household survey, showed a drop of 300,000 jobs.
00:48:17.960 So this by no means is a strong report.
00:48:20.120 It is mixed at best.
00:48:21.800 This shows what I've been saying.
00:48:25.480 The economy is clearly – whether they're going to recession or not, the economy is slowing.
00:48:28.980 You're going to have the 1.1 percent growth, which means you're going to lower tax revenues.
00:48:33.260 It makes this deal we just cut even worse.
00:48:36.540 But it signals something deeper.
00:48:39.620 The second jobs – people are not doing this for their health.
00:48:43.340 We like people that hustle, and we like people that have side hustles and maybe have a couple of jobs.
00:48:48.540 But it ought to be at your discretion.
00:48:50.120 You're seeing the real heart of this jobs number is folks just having to get second jobs in order to survive.
00:48:58.660 Is it not, sir?
00:49:00.060 Right.
00:49:00.500 And, you know, Steve, one of the great pieces of evidence for that is the fact that the second and third jobs that people are taking on have very low wages.
00:49:08.260 And we've seen that not just in today's jobs report but in a whole slew of other data reports.
00:49:13.600 We're seeing that essentially consumers are so strapped for cash they're taking jobs at any prices right now.
00:49:19.440 And that's driving down the average of both hourly wages and also weekly earnings as well.
00:49:25.280 And sure enough, those are deeply negative once you factor in inflation.
00:49:28.980 In other words, yes, your paycheck has gone up, but inflation has gone up much faster.
00:49:33.820 So what you can actually buy with your earnings is dropping.
00:49:37.660 No, real wages continue to drop.
00:49:42.140 Also, the consumer debt, I think we've crossed a trillion dollars in credit card debt, and we've got $19 trillion of all consumer debt, including mortgages, with rates going up.
00:49:52.160 I mean, is your sense – the Fed's kind of in a corner right now.
00:49:55.080 What's your overall sense of where they're going to be coming out on all these numbers?
00:49:58.120 Oh, the Fed is very much in a corner, and they unfortunately have no good way out of it, and that means the nation has no good way out of this either.
00:50:06.660 But look, at the end of the day, the bill always comes due.
00:50:09.900 You cannot spend, borrow, and print trillions upon trillions of dollars and expect no negative consequences.
00:50:16.460 Eventually, you have to pay for all that.
00:50:18.720 We already paid for it in part with inflation.
00:50:21.080 We paid for it in part with the recession last year.
00:50:23.940 We're heading into another recession now.
00:50:25.860 And things, as you said, are going to get worse because eventually you have to pay for the sins of the past, whether they're moral or monetary.
00:50:36.420 The New York Times, when the New York Times should put a piece out this afternoon that would be totally celebratory, they have a very somber lead about the debt.
00:50:46.460 And the headline is they just had this big debate and discussion, negotiation on debt, and essentially nothing was done.
00:50:53.820 No cuts were really coming, and they actually led with the $50 trillion number, and they said it's going to start coming so fast because they mentioned the $4 trillion minimum by 2020 – basically election day 2024.
00:51:08.140 What's your sense of this?
00:51:09.320 Is your sense that the financial community understands that this crisis is now a political crisis?
00:51:15.840 Because the political system we have can't make adult decisions, sir?
00:51:20.520 You know, I'm not sure even financial markets have really priced in all of the problems that we're facing, a great example of which is the fact that the Treasury, as soon as Biden signs this debt ceiling suspension, Treasury is going to turn around and borrow almost $800 billion to make up for their backlog that they've had the last several months since they hit the debt ceiling.
00:51:41.720 And what that's going to do is drain all of that money out of financial markets.
00:51:45.480 Where is it going to come from?
00:51:47.040 It's going to come from equities, which means we'll see declines there, just like we did in the beginning of 2012, right?
00:51:52.680 The big decline in the S&P, for example, that didn't happen until after the debt ceiling conflict was resolved and Treasury was allowed to borrow all that money.
00:52:02.060 It sucked it out of stocks.
00:52:03.460 But where else is it going to come from?
00:52:05.000 Likely bank deposits, which means we're not out of the woods yet on that banking crisis either, because the deposit drains are going to continue as Treasury borrows more money.
00:52:14.840 The money has to come from somewhere.
00:52:18.740 Crowding out.
00:52:19.780 EJ, what's your social media?
00:52:21.240 How did they get to you over at Heritage?
00:52:23.260 Best place to find me is on Twitter, at Real EJAntoni.
00:52:29.140 EJ, thank you very much.
00:52:30.380 Great analysis.
00:52:31.120 Appreciate it, sir.
00:52:32.280 Thank you for having me.
00:52:33.180 I want to make sure – we're trying to make sure that everybody here is taking care of – this is the age of self-reliance.
00:52:41.460 Can you trust the government?
00:52:43.220 We just had the opening conversation we're going to have in the UFR.
00:52:45.960 We're going to have a lot more on that.
00:52:47.040 End transhumanism, Joe's back office project for a while.
00:52:50.080 He'll be back with us tomorrow.
00:52:52.480 Make sure you go to birchgold.com slash Ben and get all of the installments of the End of the Dollar Empire.
00:52:59.560 But most important, talk to the expert.
00:53:01.180 Find out – ask the question, why are the central banks throughout the world buying gold at record rates?
00:53:06.920 And what should I be doing?
00:53:08.500 You've got to talk to an expert.
00:53:09.980 What should I be doing?
00:53:12.080 If the smart guys in central banks are buying gold, what am I doing?
00:53:15.800 birchgold.com slash Ben and stick around.
00:53:18.280 Short break.
00:53:19.100 Second hour, War Room next.
00:53:20.500 We rejoice when there's no more.
00:53:22.900 Let's take down the CCB.
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