Bannon's War Room - Episode 2980： Powell Speaks From Jackson Hole; Defiance Of Trump.

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 the world to stop that but you're not going to stop it it's going to happen and where do people

00:00:24.900 like that go to share the big line mega media i wish in my soul i wish that any of these people

00:00:32.720 had a conscience ask yourself what is my task and what is my purpose if that answer is to save my

00:00:40.660 country this country will be saved war room here's your host stephen k bann 0.99

00:00:47.880 just what a vile racist anti-democracy buffoon he was this is the buffooning of the american 0.94

00:01:00.200 presidency this should not be happening so as a teenager living in new york i've said it before 0.98

00:01:06.060 i never watched the apprentice i despised donald trump because he to me signified the rich white

00:01:12.380 guy in manhattan that absolutely hated and despised me that hated and despised my cousins my friends

00:01:19.120 everyone we knew that that called us wilding just because we were in the park that said we can't be

00:01:25.640 free to walk around in the street that said when patrick dorisman got killed by an off-duty police

00:01:30.500 officer he's no choir boy and he was literal i mean was no altar boy he was literally an altar boy

00:01:36.520 giuliani said that and so people like giuliani and people like trump persecuted black and brown

00:01:43.740 people in new york it's what they did for fun it's what they did for pleasure they enjoyed it they

00:01:48.560 enjoyed lording over people who had nothing who had no million dollar lawyers who couldn't change

00:01:54.300 lawyers at the drop of a hat and get a different hip-hop lawyer the next day when they were tired of

00:01:58.140 one who couldn't go out and make their case on you know fox or on newsmax who had nothing

00:02:03.380 and who donald trump lorded his everything over and still people who looked like them put him in

00:02:09.420 rap songs it was an indignity to me that something i loved a culture i love would lionize that and so

00:02:14.800 to me this is justice the fact that manhattan didn't give him a mugshot i thought was offensive

00:02:19.660 and i thought that the fed said we already know what he looks like he was the president united states okay

00:02:23.260 offensive everyone else had to take him this case and i think fonnie willis is a hero she is a national

00:02:29.760 hero because she more than any prosecutor in this country and i respect jack smith and i respect all

00:02:35.660 the prosecutors that are doing this she's the only one who said these wealthy powerful privileged men

00:02:43.500 and women are just american citizens and when they break the law they will take that picture 1.00

00:02:51.100 that's it y'all see it man

00:02:55.200 which one he in though

00:03:02.200 which one he in though

00:03:06.200 which one he in though

00:03:18.200 i'm talking about they got everybody

00:03:26.960 look at that

00:03:33.240 the juxtaposition of the hate and the love for president donald j trump it's friday 25 august

00:03:43.840 or 2023 we're going to go like we've got a lot to break down today from yesterday we're going to

00:03:49.060 have the best guests in the world to do it but i want to go live to jackson hole wyoming uh the

00:03:55.620 chairman of the federal reserve jay powell this big address is bringing down inflation would depend on

00:04:00.320 both the unwinding of the unprecedented pandemic related demand and supply distortions and on our

00:04:07.400 tightening of monetary policy which would slow the growth of aggregate demand allowing supply time to catch

00:04:13.540 up while these two forces are now working together to bring down inflation the process still has a long

00:04:20.560 way to go

00:04:22.560 even with the more favorable recent readings

00:04:24.560 on a 12 month basis u.s total or headline pce inflation peaked at seven percent in june 2022

00:04:32.560 and declined to 3.3 percent as of july

00:04:37.560 following a trajectory roughly in line with global trends

00:04:41.560 the effects of russia's war against ukraine have been a primary driver of the changes in headline

00:04:47.720 inflation around the world since early 2022 headline inflation is what households and businesses

00:04:55.240 experience most directly so this decline is very good news but food and energy prices are influenced by

00:05:03.000 global factors that remain volatile and can provide a misleading signal of where inflation is headed

00:05:08.760 and in my remaining comments i will focus on core pce inflation which omits the food and energy

00:05:14.760 components on a 12-month basis core pce inflation peaked at 5.4 percent in february 2022 and declined

00:05:24.520 gradually to 4.3 percent in july the lower monthly readings for core inflation in june and july were

00:05:31.880 welcome but two months of good data are only the beginning of what it will take to build confidence

00:05:38.280 that inflation is moving down sustainably toward our goal we can't yet know the extent to which these

00:05:44.760 lower readings will continue or where underlying inflation will settle over coming quarters

00:05:51.240 12-month core inflation is still elevated and there is substantial further ground to cover to get back

00:05:56.840 to price stability to understand the factors that will likely drive further progress it is useful to

00:06:04.200 separately examine the three broad components of core pce inflation inflation for goods for housing

00:06:11.000 services and for all other services sometimes referred to as non-housing services

00:06:17.880 core goods inflation has fallen sharply particularly for durable goods as both tighter monetary policy

00:06:23.880 and the slow unwinding of supply and demand dislocations are bringing it down

00:06:28.520 the motor vehicle sector provides a good illustration earlier in the pandemic demand for vehicles rose

00:06:36.200 sharply supported by low interest rates fiscal transfers curtailed spending on in-person services

00:06:43.400 and shifts in preference away from using public transportation and from living in cities

00:06:50.040 but because of a shortage of semiconductors vehicle supply actually fell vehicle prices spiked and a large pool

00:06:57.720 of pent-up demand emerged as the pandemic and its effects have waned production and inventories

00:07:04.520 have grown and supply has improved at the same time higher interest rates have weighed on demand

00:07:11.320 interest rates on auto loans have nearly doubled since early last year and customers report feeling the

00:07:17.320 effect of higher rates on affordability on net motor vehicle inflation has declined sharply because of the combined

00:07:24.120 effects of these supply and demand factors similar dynamics are playing out for core goods inflation overall

00:07:33.960 as they do the effects of monetary restraint should should show through more fully over time core goods prices fell

00:07:41.880 the last two months but on a 12 month basis core goods inflation remains well above its pre-pandemic level

00:07:48.840 sustained progress is needed and restrictive monetary policy is called for to achieve that

00:07:53.960 progress in the highly interest sensitive housing sector the effects of monetary policy became apparent

00:08:01.480 soon after liftoff mortgage rates doubled over the course of 2022 causing housing starts and sales to fall

00:08:10.040 and house price growth to plummet growth in market rents soon peaked and then steadily declined

00:08:17.640 measured housing services inflation lagged these changes as is typical but has recently begun to fall

00:08:24.440 this inflation metric reflects rents paid by all tenants as well as estimates of the equivalent rents that

00:08:30.840 could be earned from homes that are owner occupied because leases turn over slowly it takes time for a decline in

00:08:38.600 market rent growth to work its way into the overall inflation measure the market rent slowdown has only

00:08:45.480 recently begun to show through to that measure the slowing growth in rents for new leases over roughly the past year

00:08:52.600 can be thought of as in the pipeline and will affect measured housing services inflation over the coming

00:08:58.200 year going forward if market rent growth settles near pre-pandemic levels housing services inflation

00:09:05.080 should decline toward its pre-pandemic level as well and we will continue to watch the market rent data closely

00:09:11.400 for a signal of the upside and downside risks to housing services inflation

00:09:15.320 the final category non-housing services accounts for over half of the core pce index and accounts and

00:09:24.760 includes a broad range of services such as health care food services transportation and accommodations

00:09:32.280 12-month inflation in this sector has moved sideways since liftoff inflation measured over the past three

00:09:38.760 and six months has declined however which is encouraging part of the reason for the modest decline of non-housing

00:09:45.320 services inflation so far is that many of these services were less affected by global supply chain

00:09:51.080 bottlenecks and are generally thought to be less interest sensitive than other sectors such as housing or

00:09:56.840 durable goods production of these services is also relatively labor intensive and the labor market remains tight

00:10:03.480 given the size of this sector some further progress here will be essential in restoring price stability

00:10:11.320 over time restrictive monetary policy will help bring aggregate supply and demand back into better

00:10:16.600 balance reducing inflationary pressures in this key sector

00:10:23.800 turning then to the outlook although further unwinding of pandemic related distortions should continue to

00:10:30.120 continue to put some downward pressure on inflation restrictive monetary policy will likely play an

00:10:35.640 increasingly important role getting inflation sustainably back down to two percent is expected to

00:10:42.440 require a period of below trend economic growth as well as some softening and labor market conditions

00:10:52.040 restrictive monetary policy has tightened financial conditions supporting the expectation of below trend

00:10:57.080 growth since last year's symposium the two-year real yield is up about 250 basis points and the longer term

00:11:04.760 real yields are higher as well by nearly 150 basis points beyond changes in interest rates bank lending

00:11:11.880 standards have tightened and loan growth has slowed sharply such a tightening of broad financial conditions

00:11:18.120 typically contributes to a slowing in the growth of economic activity and there is evidence of that in this cycle as well

00:11:25.240 for example growth in industrial production has slowed and the amount spent on residential investment has declined in each of the past five quarters

00:11:35.400 but

00:11:36.520 we are attentive to signs that the economy may not be cooling as expected

00:11:40.920 so far this year

00:11:42.200 GDP growth has come in above expectations and above its longer run trend

00:11:47.400 and recent readings on consumer spending have been especially robust

00:11:50.680 in addition after decelerating sharply over the past 18 months the housing sector is showing signs of picking back up

00:12:00.840 additional evidence of persistently above trend growth could put further progress on inflation at risk

00:12:07.640 and could warrant further tightening of monetary policy

00:12:12.360 the rebalancing of the labor market has continued over the past year but remains incomplete

00:12:16.920 labor supply has improved driven by stronger participation among workers age 25 to 54

00:12:23.160 we're going to come back to that

00:12:24.200 by increase in immigration back toward pre-pandemic

00:12:27.480 what we're trying to do remember in this uh in this show we're trying to we don't chase um

00:12:34.200 the um the shiny toys that are put out there there are other people who are going to do that and

00:12:38.600 that may be the places some of you may should watch we're trying to put you in the room

00:12:43.400 where the power players are and where decisions are made right now out in jackson hole that's the end of

00:12:48.040 the uh the central bank central bankers meet out there in jackson hole obviously one of the most beautiful parts

00:12:53.560 of the world out in wyoming but the headline here is fed share powell calls inflation still too high

00:13:00.440 and warns that we are prepared to raise rates further acknowledge this progress but it's done i want to read a quote

00:13:07.080 here acknowledge that progress has been made the central bank leaders that inflation is still above

00:13:11.560 the policy makers feel comfortable note the fed will remain flexible counterplates although this

00:13:16.840 will quote although inflation has moved down from its peak it remains too high we are prepared to raise

00:13:23.000 rates further if appropriate and attend to hold policy at restrictive levels until we're confident

00:13:27.560 inflation is moving sustainably toward uh down towards our objective okay this ties together and by

00:13:34.360 the way we're going to get back to the hate on trump and and everything with trump but this is all

00:13:39.880 inextricably linked remember we did not have these problems let me go reset we did not have these

00:13:44.920 problems in the fall in the winter of 2019 we had a resurgence and a renaissance under president

00:13:52.520 trump before the bioweapon of the out of the wuhan lab either as an act of commission or inadvertently

00:14:00.040 because of their incompetence they still exacerbated uh the uh spread of this virus throughout the

00:14:05.960 world that would be the chinese communist party uh by and let me duly note that as naomi wolf and

00:14:12.440 natalie winters have pointed out now daily uh it's all coming back the mask protocols are coming back

00:14:18.760 you see just today on cnbc in the financial times right next to the screaming headline about powell and what's

00:14:26.600 happening here uh with inflation and with rates is the uh is the issue of uh of the vaccines there's

00:14:34.120 going to be two vaccines our vaccines are going to be ready on september 15th you can't make this up

00:14:40.520 on september 15th the two vaccines will be ready for new jabs as central banks and countries like china

00:14:47.400 india australia begin transitioning to a digital currency the federal reserve has been contemplating

00:14:53.160 the same for the united states of america with a digital currency the government could track

00:14:58.360 every single purchase you make officials could even prohibit you from purchasing certain products

00:15:04.520 or even easily freeze or seize part or all of your money these are some of the reasons concerned

00:15:11.720 americans reach out to birch gold group they want to have a physical asset that's independent

00:15:17.880 from the u.s dollar gold held tax sheltered in a retirement account remember gold held in your

00:15:25.800 tax sheltered retirement account learn if gold is right for you text bannon b-a-n-n-o-n

00:15:32.440 to nine eight nine eight nine eight that's bannon nine eight nine eight nine eight and birch gold

00:15:38.680 will send you a free information kit today with an a-plus rating with the better business bureau

00:15:44.920 thousands of happy customers countless five-star reviews birch gold has been helping

00:15:50.280 my listeners and viewers from the very beginning of the show text bannon b-a-n-n-o-n

00:15:57.160 to nine eight nine eight nine eight and claim your free info kit on gold because of a central bank

00:16:03.320 digital currency becomes reality it'll be nice to have some gold to depend on take action use your

00:16:10.760 agency do it today there are no coincidences right there are no coincidences as natalie winters has

00:16:17.640 now gone through the numbers and showed you they've been preparing to buy you know more ppe to buy more

00:16:22.440 equipment under this issue that they are relentless uh any way that they can steal this election any way

00:16:29.960 that they can try to suppress the american people and break the american people they're going to do

00:16:34.440 that's the ruling junta you have and you saw in that tremendous and if denver could do me a favor

00:16:41.080 and pull up the uh the um photograph taken of president trump yesterday i don't think i've ever

00:16:46.120 seen a more powerful uh you know the mugshot is the going to be one of the most um copied images

00:16:54.280 in the world look at that right there the determination of this individual everything he's been through

00:16:59.000 everything they've tried to do to him everything you saw joy and reed right there that the raw

00:17:03.800 hatred coming to the surface of president trump and juxtapose with the love for president trump by

00:17:09.000 some of the residents of uh of atlanta and fulton county um but to get back to the economy under trump

00:17:17.320 you know under trump things were on a roll zero inflation uh with true wage increases not just

00:17:24.760 nominal but i mean real wage increase it was zero inflation i think it was a ten percent uh pay hike

00:17:31.080 to uh non-white-collar workers to non-college graduates to high school graduates in blue

00:17:37.640 collar because the entire business we did was to focus on america first and to focus on making sure

00:17:43.400 the working class in this country uh had a shot here and was able to participate in the prosperity

00:17:49.240 it began under president trump it's one of the reasons they hate him we're going to go to bloomberg we

00:17:53.400 did some cuts this morning from the chief economist of adp the process the the payment processor and she

00:17:59.480 admits because they have the best feel for anybody adp throughout the country because they they do a

00:18:03.880 lot of the payrolls for the fortune 500 and she's she's quite up front that one of the ways they're 0.96

00:18:10.200 trying to break inflation is they're trying to drive wages down that's one of the key things they're

00:18:14.360 focused on they're not focused so much on the capital part of it they're focused on the on the wages

00:18:18.040 part of it and right there you see how did this inflation happen so how all of a sudden this happened

00:18:23.240 and now we're in the and now we're absolutely in a uh thank you very much for now we're in a uh um

00:18:29.800 and now we're in this um this era that rising wages rising interest rates the banks are under

00:18:36.920 pressure because of the rising interest rates the biden bonds are worth less now their capital stock is

00:18:42.120 worth less uh you have a banking crisis all brought about all brought about by the ruling illegitimate regime

00:18:49.400 joe biden coupled with uh coupled with mccarthy and what mccarthy went along with and this is what

00:18:55.560 this massive battle and i'm telling you right now they are there are enough votes out there to force

00:19:01.720 biden to shut down the government on the evening of 30 september and if kevin mccarthy has to go to

00:19:07.480 hakeem jeffries and rule with the democrats then what you're going to have what you're going to have

00:19:12.200 is a i think a motion to vacate i think people now and here's the reason because this audience

00:19:17.320 is not the 70 members that voted to to not do the debt ceiling increase but all the other rhinos when 0.98

00:19:23.160 they're back in their district you're you lighting them up has gotten their attention the feedback

00:19:28.200 are people getting every district every constituents is furious about the federal spending because that's

00:19:35.080 the number one thing that is the central element of what's driving this inflation with all the supply

00:19:40.920 chain stuff and everything else this is all driven by the biden regimes and by the way the

00:19:46.680 republican senate the rhino senators going along with it and these house members i have boris epstein

00:19:52.600 boris uh this photo we can we're going to go back and play some of the more hate of joy ann reed and

00:19:58.360 msnbc and joe scarborough and all that but i got to tell you yesterday was magnificent president trump

00:20:04.120 the way he comported himself and that photo is uh going to be a a a icon image for decades if not

00:20:12.120 centuries to come sir steve honor be with you honor be with the war room posse and i agree with you a

00:20:19.400 thousand percent president trump yesterday represented what america is meant to be strength determination

00:20:27.720 and fight and never surrender against the overreach the targeting the weaponization of law enforcement

00:20:34.040 against the dictatorial crooked joe biden regime president trump combined all of that power into

00:20:41.000 himself and and into that photo i'm honored to be a small part of the fight to keep america a semblance

00:20:49.720 of what it used to be and to bring it back to greatness which only president donald j trump can do

00:20:54.440 and he showed again yesterday why he's the only broad soldier who the american people want to bring

00:21:00.120 our country back to make america great again which is we've talked about time and time again

00:21:05.080 with you and always signal my noise for the posse that is not a campaign slogan that is an action

00:21:09.960 item all across the board it's pretty obvious now that the uh two things number one that this is not

00:21:19.160 working the law fair and you saw the the the folks down atlanta are supporting president trump you see

00:21:24.600 this you see the uh unbelievable the hatred and what's come up what's come up with this with the

00:21:29.960 what law fair is not working you saw the keebler elves and the the um audience was announced at 12.8

00:21:36.840 million that's less than half of the first debate of 2015 so don't let everybody run oh 12 million is

00:21:43.160 fantastic that they're shocked by that number how low it was but the keebler elves nobody on the stage 0.99

00:21:48.440 showed any true leadership right so the keebler so so murdoch's trappy set for trump and what they're

00:21:54.840 trying to drive is is not and that is a second to end desantis is finished after that because he

00:21:59.720 does he can't control he can't step in and own the moment which you have to do as a leader he just

00:22:04.600 doesn't have it he doesn't have what we refer to as the right stuff uh your your assessment of where

00:22:10.280 president trump's campaign goes from here continued full spectrum dominance steve that's where it goes

00:22:16.600 president look at the numbers two or now about 254 255 million views of president trump's powerhouse

00:22:23.560 interview with tucker carlson uh the debate and you're right steve again always signal that noise

00:22:28.600 for this audience comparing apples to apples first debate the first debate 2015 and now 2015 24 million

00:22:35.160 now 12 they're saying 12.8 but they're coming they're throwing in some other numbers and then they're

00:22:39.640 they're all linear etc i'm hearing closer to 11. that is a annihilation annihilation and a complete

00:22:47.800 an indictment of the republican establishment and an indictment of these pretenders who everyone knows

00:22:54.920 have nowhere to go and at this point it's time to give up and time to unite and coalesce behind

00:23:00.440 president trump let's go beat crooked joe biden and bring our country back to greatness make america great

00:23:07.160 again because president trump showed once again this week by and not just in terms of fighting

00:23:14.120 against the targeting and the weaponization of law enforcement but also on key policies on the border

00:23:19.640 on national security on energy by he's the only one the american people want and look at the look at

00:23:25.080 the polling i mean the numbers in the national polls and state polls are lining up in a way that

00:23:30.840 has shown that this is no longer a race and we've been talking about this for a long time but now the

00:23:35.080 money is dried up for for the sanctimonious the florida governor so it's been the vacas you know

00:23:39.560 the vaca that's not going anywhere everyone knows that chris christie was booed out of the room as

00:23:44.120 president trump said in his interview yesterday from the plane this is no longer a race president

00:23:50.360 donald j trump has got this nomination locked up and he's going to beat crooked joe biden and walk

00:23:56.200 back into the oval office jan 20 2025 i'm not so sure it's going to be biden and one of the reasons

00:24:02.760 to that one of the big tales for this audience because we track these guys pretty closely

00:24:06.760 instead of coming all in on president trump yesterday i think they realize it doesn't pull

00:24:11.160 well not that they're not trying to push it through their media surrogates but the thing they led today

00:24:15.560 with in putting ads up boris the biden a regime was about abortion they went immediately pivoted right

00:24:22.200 back to their to their wheelhouse and this abortion issue yes i think they realized this didn't work

00:24:27.800 for him correct you agree with me absolutely i mean again look at the videos and you mentioned

00:24:32.120 it to you in the first you know first question look at the video president donald j trump yesterday

00:24:36.440 going through a neighborhood in atlanta that wouldn't that used to never even think a republican

00:24:41.080 existed but now they're out there on the streets in huge numbers supporting president trump because

00:24:46.360 they know that he's being attacked but really it's not it's not him through him the country's being

00:24:51.160 attacked and they're standing up for president trump standing up for maga standing up for our country

00:24:55.960 and the democrats know it's not working but and to show you just how desperate they've gotten

00:25:00.760 yesterday joe biden tweaked this pathetic thing oh today's now is the moment to give to my campaign

00:25:06.520 exactly at 7 30 in the evening when president trump was going through processing little bit did they

00:25:12.840 know that the results of their processing was going to be the most iconic photo in american history

00:25:17.320 that is dominating them and absolutely highlighting any of their efforts but what does that prove

00:25:22.200 what is them tweeting a fundraising ask at 7 30 prove that all these attacks are about one thing

00:25:27.800 and that is election interference just as president trump says couldn't be more transparent than that

00:25:32.920 could not be more un-american than that and we're going to fight right through it 0.96

00:25:39.080 uh by the way borsk if you can send from war room books i want to officially

00:25:42.920 put forward the offer to get the the war room books donald j trump diet plan uh because i just want

00:25:49.960 to go i want to officially put the first bit in there so if you can take that back uh we'll we're

00:25:54.920 ready to negotiate right now the 215 i'm all over that we got it i tell people and i think you would

00:26:00.920 agree with me trump's this is the best trump we've ever had the most focused the the toughest look at the

00:26:06.600 look at the tucker thing which is so compelling to watch a quarter of a billion views on that and i

00:26:11.560 think the mugshot has got something 150 tweets already is it i mean he's going to have a billion

00:26:18.760 uh uh uh retweets and impressions on the interview and the mugshot in 24 48 hours sir i i've never

00:26:28.120 seen anything like this it's it's beyond viral he's he's literally breaking one million 1.1 million

00:26:33.480 likes 130 140 million views as you said for the next week or so that's going to be up to a billion

00:26:40.280 between the two and breaking the internet is exactly right and why it's not you know this isn't just for

00:26:45.480 some you know sort of measurement whatever this is all about showing just how much the american

00:26:50.280 people support and love president donald j trump because they want him back in the oval office as

00:26:55.400 soon as possible last uh last thing j pal i mean we wouldn't be having you know people wouldn't be so

00:27:03.480 maniacally focused on this on durban south africa and by the way people should know that the announcement

00:27:09.000 coming after uh the durban was that she and modi are coming together they're going to work out uh

00:27:14.440 some issue about the border dispute this is the worst signal coming out of durban was that was 50

00:27:20.600 of the oil production in the world all teaming together and the linchpin of this was modi in india

00:27:26.360 they've announced that she and modi are trying to work out some sort of ceasefire up there in that

00:27:30.760 obviously that that area of contention on the uh on the northern india border um which is you know and

00:27:37.640 this is why this never happened under trump you never had this problem with inflation you never

00:27:42.280 had the federal reserve out of control people don't realize when president trump was in office

00:27:46.280 uh janet yellen was the fed chair we were contracting president trump in the first year of

00:27:51.960 his administration besides the tax cuts he put in he did quantitative tightening the federal reserve

00:27:58.280 took almost a trillion dollars of liquidity out of the market a trillion dollars to make sure why

00:28:05.080 to try to take the air out of the asset bubble that was creating he didn't want another 2008 he

00:28:10.600 never gets credit for this the the economy had converged and was hitting on all cylinders we don't

00:28:16.840 have that today we have total disarray we now have quite frankly the biggest uh access of america's

00:28:25.000 ever had to stand against in its history and that you saw the formation of it and by the way their

00:28:29.880 focus is de-dollarization the destruction of our currency and that's why you see pound these guys

00:28:35.000 a day they can't get their hands around the inflation why because of the biden regime's

00:28:39.560 mismanagement of the company and the economy and particularly the overspending boris epstein

00:28:45.480 steve mismanagement and stability disaster that is what we've been led in three short years

00:28:51.240 because you're completely right president trump got inflation to the perfect point right about one to two

00:28:55.720 percent joe biden has let it balloon he got he absolutely annihilated our energy independence and

00:29:02.520 energy dominance he's annihilated the stating of america around the world economically and in terms

00:29:07.560 of national security and look what's going on in eastern europe that war that absolutely a dumpster

00:29:15.000 fire surrounded by nuclear reactors continues now the news in the last 48 hours of the of the you know

00:29:21.720 plane crash plane annihilation whatever you call it with the wagner chief purgosian on board the 0.99

00:29:27.320 instability around the world is unlike anything we've seen in recent modern history and it is a

00:29:32.200 stark contrast from the total stability we had under president trump and why because president trump was

00:29:37.080 respected and let's be honest by by some he was feared and he was absolutely treated as that top

00:29:44.440 best option for an american president could be because our allies and our adversaries knew that he was not to

00:29:51.160 be messed with yes when he's back in office he's gonna solve these issues again and only he could do

00:29:56.600 that not not if when and that's why the republican house has to stand this regime down until trump

00:30:04.120 arrives in january 2025 okay boris quickly how do people get to you your newsletter instagram all of it

00:30:10.840 steve thank you so much honor to be with you on the posse my information the website is hot

00:30:14.520 boris cp.com sign up right now boris cp.com hot on getter at boris cp twitter boris cp hot on truth

00:30:20.280 social at boris and of course hot on the ground boris underscore epstein stay strong god bless and

00:30:25.320 shabbat shalom thank you brother every day in maga every day on this fight is an unclouded day

00:30:34.200 as we drive towards the sunlit uplands betty gene robinson in the nashville grass will take us out

00:30:42.200 unclouded day

00:30:45.160 oh they tell me of a home where no storm clouds rise

00:31:01.160 oh they tell me of an uncloudy day

00:31:12.200 oh they tell me of a home where my friends have gone are you tired of progressive corporations and

00:31:31.000 exhausted trying to keep up with all the virtue signaling when you're simply trying to buy

00:31:36.520 products progressive corporate america continues to push messaging that further alienates conservative

00:31:44.040 americans all while eroding the future of the american dream it's prominent all over the country 0.58

00:31:51.080 companies like starbucks strong arguing their customers to support abortion financial services

00:31:56.920 like paypal canceling customers for their political views makeup companies like maybelline making a

00:32:02.280 mockery of women by supporting transgender models and beer companies like bud light

00:32:07.320 forcing gender ideology on you when all you want is to enjoy a cold beer thankfully we don't have to 0.99

00:32:15.320 fund these companies any longer with our hard-earned dollars with public square we now have a solution

00:32:22.360 it's simple join the movement of millions of patriotic americans who love truth our country and our

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00:33:26.120 public sq.com public sq.com public sq.com steven k band

00:33:35.880 okay um

00:33:39.880 signal not noise president trump as i say uh my theory of the case is quite simple

00:33:45.320 only uh twice in this um providential entity we called the united states of america this nation

00:33:57.800 against all odds that was created and uh and built upon the shoulders of the most extraordinary

00:34:05.640 collection of individuals in mankind's history that did this over i don't know hundreds of years

00:34:13.240 really the um essentially yes and and and our leaders at certain times like during the revolution

00:34:20.680 and other periods were incredibly well educated uh men of the enlightenment uh back in the uh in the

00:34:26.760 revolution uh incredibly educated you could tell this by the documents then you had in the civil war

00:34:33.640 someone like lincoln who was self-educated right remember lincoln for most of his life um

00:34:40.760 really had uh the plays and sonnets of shakespeare the king james version of the bible and uh i think

00:34:48.600 plutarch's lives of the noble romans and greeks were really what he he was able to self-educate himself

00:34:57.320 i think later euclid's geometry and others as he got more intense in his 30s and 40s to really

00:35:02.520 get you know stop being a laborer and become a lawyer extraordinary individuals only twice in this

00:35:13.080 republic's history has the fate of an individual uh been inextricably linked with the destiny of this

00:35:22.040 republic and that's where we are today and that's one of the reasons the left goes out of the way the

00:35:29.240 journey they go out of the way oh this is a cult of trump this is a cult of trump this because there's

00:35:32.360 nothing there's no cult of trump about this and you can see yesterday with that if we can pull back

00:35:39.160 up that uh if you can pull back up for a moment that photo that what they call the mug shot um and

00:35:45.320 just look at that at first when it first came up i actually thought it was a painting

00:35:51.400 um i mean think of the pressure somebody's under and delivering the moment this is about the ability to

00:35:56.440 grab the moment that is what leaders do they grab the moment when it happens this is you saw on the

00:36:05.240 stage of the night ron desantis and all you dissimps out there and i said this now for a long time and

00:36:11.800 everybody that abandoned trump and went there is just you you need to have the right stuff

00:36:18.760 part of the right stuff is knowing knowing how to own the room and now and you own the room by you

00:36:24.440 step into the moment and you grab it by the throat you either have that or you don't

00:36:33.000 then ron desantis just doesn't have it does not he's not going to he's not going to be president

00:36:37.320 of the united states so everything around that and all the murdochs and and this is why i'm on

00:36:41.560 the murdochs and what they're trying to do here because it's self-evident to people that know him

00:36:46.680 yet they've spent now billions of dollars in tv time to try to promote him to thwart trump

00:36:51.960 why because trump cannot be controlled think about it for a second to step back pull the camera back

00:36:58.040 for a minute four and two impeachments four indictments now almost what 700 years in prison

00:37:05.720 um you know 90 some indictments you see them cackling on msnbc in the new york times newsrooms

00:37:11.480 they want him to serve that time don't doubt for a second they want him to die in prison

00:37:17.080 now i want you to put that in a context of the sweep of american history think about that for a

00:37:22.760 second what was donald trump's crime and donald trump to them has an unforgivable crime that he

00:37:36.840 should die in prison and as as uh nicole wallace was cackling the other day on the show and she's so 1.00

00:37:43.720 happy about the conditions inside of the fulton county uh jail about how horrific it is 1.00

00:37:52.040 they want him to suffer like that they want him to die like that this is why tucker carlson look

00:37:57.720 tucker carlson is a very smart guy tucker carlson tucker carlson is also a guy if you watch his show

00:38:03.080 tucker's not into clickbait tucker's not throwing stuff he's not a wise guy as trump would say he's not a

00:38:08.920 wise guy tucker ask um very important questions that can lead to other things the two most important

00:38:18.760 parts of tucker's interview and i was bet trump's at the potential assassination of trump or violence

00:38:23.320 against trump and then ended about a civil war of which sarah palin didn't reinforce last night

00:38:29.240 that's what they're trying to bait us into remember they want the death of trump they want his memory to

00:38:42.600 be expunged they want him to become a non-person was this not what rupert murdoch told people

00:38:50.200 that we have they've told people the famous story he wanted trump to become a non-person back in january

00:38:56.040 of 2021 did the war room in this audience the core audiences at the time did you believe that

00:39:03.400 when everybody abandoned him on the 20th of january when when when the air force one took off for the

00:39:09.560 last time to go back to florida and around the war room on capitol hill you had hundreds of troops

00:39:16.200 that were deployed national guard that were deployed full up armored and all the republicans ran and left and

00:39:22.600 hid and abandoned trump we didn't why why was that very simple what trump represents

00:39:35.320 is a taking the country to the next level remember

00:39:41.000 these figures that they like general washington and in lincoln they go oh they united the country no they

00:39:46.360 did not unite the country until their actions were complete they were quite divisive we say how could

00:39:53.320 general washington be divisive only a relative handful of people actually fought in the revolution remember

00:40:00.040 the declaration of independence is incredible it is a divinely inspired document

00:40:07.640 but it is just a document it inspires people it laid out the argument to the founding of the country

00:40:13.800 and the breaking off of the empire but it took eight years of a quite brutal war

00:40:19.320 that at any time we could have lost and folded in or we wouldn't be an independent country

00:40:25.640 that was washington and you don't think he was divisive how many people signed up for the continental army

00:40:30.600 how many people showed up for the militias how many times he become within an inch of losing it all

00:40:36.440 but to keep that small embattled army intact which was the point of the exercise

00:40:46.280 he was quite divisive at the time until he won and then he brought the country together and then

00:40:55.400 the foundational elements of the constitution in his presidency in his second term and most importantly

00:41:01.480 walking away at the end of the second term laid the whole foundational element from the from

00:41:07.720 the french and indian war all the way to that divisive and then unity unity through victory

00:41:15.480 lincoln same thing lincoln was a minority president even as the popular vote if you add up the popular

00:41:24.520 vote the four candidates and lincoln i think lincoln got 41 of the vote popular vote

00:41:28.520 popular vote overwhelmingly won the electoral vote but popular vote i think there are five states there

00:41:35.640 are five states he did not receive a vote not an electoral vote a vote and then the trial of fire of this

00:41:45.480 country in a civil war of which so many times it could it could have cratered and only and remember he

00:41:54.200 puts out a controversial memo one they still refer to to his cabinet in august of 1864 when it looks

00:42:00.280 like they're going to be defeated by his former general mcclellan who's run against him as a peace

00:42:05.000 democrat to bring the country together what did mcclellan want to do he want to unite the country they want

00:42:10.760 to bring the country together they want to bring the country together they want the country to unify

00:42:15.880 and lincoln tells his cabinet hey you know it's looking pretty grim because it doesn't look like we're

00:42:20.120 going to take this one so i want to have a plan that we have to figure out how to finish this

00:42:25.720 conflict before we turn it over in march and quite frankly the way it's actually written people would

00:42:31.880 actually question was he going to turn it over in march of 1865 that's the controversy about the

00:42:39.080 memo to the cabinet was certain these guys going away hey some of this language it was only the fall of

00:42:45.000 atlanta by general sherman and then the troops the overwhelming support of lincoln by the union army

00:42:53.480 that swept him to a to a massive victory but note in history he didn't even run as a republican

00:42:59.240 it was so controversial they ran as a a unity party i think it's called the new union party he had a

00:43:05.880 democrat as his running mate they got rid of the they got rid of what hannibal hamlin in maine the

00:43:12.040 republican and put johnson on as a remember east tennessee those appalachian folks down there never

00:43:17.800 loved the landed aristocracy in the south that was it the second time lincoln wins and through victory

00:43:25.960 then brings the country together this is trump only the third time in history inextricably linked in

00:43:33.320 the individual's fate with the destiny of the country and now it's more obvious than ever

00:43:39.080 and why is that because trump understood that the elites in this country had become globalist

00:43:47.320 and they had put the interest of international entities international capital markets and international

00:43:55.880 players above the american citizens and the nation itself that's his unforgivable crime

00:44:04.280 in their eyes he needs death in prison you don't think if you went to morning joe this morning went to

00:44:12.280 all those people from joy and reid they want to serve all 700 years and have his memory totally expunged

00:44:21.000 as a black mark in american history it is exactly the opposite

00:44:24.680 and that's why i have said from day one

00:44:31.800 there's nothing to compromise about there is no coming together just like in the revolution the civil war

00:44:39.800 one side is going to win and one side is going to lose and the side that wins will then

00:44:45.000 do what they do and that side is going to be us as sure as the turning of the earth it will be us

00:44:55.240 because it can't be any other way and remember this only stops when we say it stops always remember

00:45:05.080 that only when you decide that it's over is it over and that's what they hate and they can't take it

00:45:14.920 they don't have the grit they don't have the determination they don't have the toughness they don't have

00:45:21.880 wait for it the right stuff is trump perfect no he is far from perfect he is a quite imperfect

00:45:32.200 vessel he is a quite imperfect instrument and his imperfections

00:45:39.800 actually are strengths

00:45:45.480 because this is not about a cult or looking for a messiah

00:45:52.120 we've had a messiah we have one today we don't need another we need an instrument and trump is that

00:46:00.360 instrument think about it for a second not to just not come down the escalator and done it in 15

00:46:07.080 he had absolutely no incentive when he went back to mar-a-lago to do this again and in fact

00:46:13.240 if he had just built his business and gone his way they would have celebrated and they would none of

00:46:18.200 this would have happened none of the indictments would have happened none of the shutting down of

00:46:22.520 his businesses would have happened none of the trying to put his kids his family and everybody

00:46:25.960 the bankruptcy would have happened none of that would happen he made a conscious decision to come

00:46:31.240 back and do it again

00:46:35.480 and this is why his fate is inextricably linked with the destiny of this republic because trust me at the

00:46:42.920 end of this fight we're going to be one thing or the other we're either going to be the republic that

00:46:49.480 was bequeathed to us a constitutional republic by the rule of law that was bequeathed to us

00:46:56.440 are going to be something quite different short break back in a moment

00:47:00.520 everything's just beginning but the games you want to play

00:47:07.640 bring it on and now we'll fight to the end just watch and see it's all started everything's begun

00:47:14.760 and you are over because we're taking down the ccp 1.00

00:47:21.480 spread the word all through hong kong we will fight till they're all gone we rejoice when there's no more 1.00

00:47:28.200 let's take down the cc covidtaxrelief.org got a small retail business almost eighty thousand

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00:48:56.280 by the way our geopolitical not just our financial uh situation get much much worse because of what

00:49:06.120 happened in the uh in the um in durban and that's why i want everybody to go to birch gold right now

00:49:10.920 birchgold.com slash ban and get the end of the dollar empire because you're living it folks

00:49:16.280 de-dollarization is the top of the list this alternative currency they're talking about

00:49:21.560 and the basket currencies and backing with gold you need to get up to speed on this one of the

00:49:26.280 things geopolitically remember the situation in taiwan is going to get much worse because they now have a

00:49:31.720 real axis it's bigger than just iran the ccp and russia which it has been now you've got the saudis

00:49:38.680 the uae you don't know what side these guys are going to come down on but right now they've joined them

00:49:43.400 that's going to make the situation in taiwan uh 10 times harder i'll get into more than that in the

00:49:47.960 second hour but this this what's happened this week this is an inflection point this week of what's

00:49:53.080 going on day bratt the the mismanagement by the biden regime the secretary treasury and the federal

00:50:00.920 reserve has been nothing short of breathtaking of what they've done what they've done to the world's

00:50:06.520 greatest economy sir yeah first i just want to applaud you on on the the piece you just completed

00:50:14.760 on the providential nature of this country uh that declaration and constitution and all of the legal

00:50:21.720 architecture in this country has one purpose and that's to protect the individual you sitting out

00:50:28.520 there from our government the history of the world was the history of tyrants and kings and the

00:50:34.600 providential gift we've been given is something we need to protect and it it's not just trump although

00:50:40.760 it's certainly on him rfk and these political views are just my own rfk uh jr is coming out saying he's

00:50:48.760 canceled for 18 years and the sitting president united states called big tech to cancel him on the left

00:50:55.880 on on the democrat side and all of this is is is is singular it's about control and power and it's

00:51:04.440 all linked to what's going on in markets today etc uh the fed uh just came off uh powell gave his

00:51:11.080 speech out in jackson hole uh very hawkish right we're a long way from done uh what that means is interest

00:51:19.480 rates are going to continue to go up uh you can get into the technical stuff on our star where the interest

00:51:25.400 rate is but the stance of of interest rates is going to be restrictive the jobless uh reports

00:51:32.920 came out the jobless claims are are are uh lower than expected the labor market's still hot gdp's

00:51:39.720 grown a little bit productivity but but hold whoa whoa hang on hang on stop stop stop you gotta be

00:51:45.480 hang on i want to go back to the labor where you say that and by the way brad's gonna stick with us for

00:51:49.080 a while i got cary lake navarre day brett brad the the number the labor department numbers on the on

00:51:56.680 participation they know their lies now because they come back with these massive readjustments

00:52:02.360 to you know a quarter and a half after they happen so they're gaming the system this is total

00:52:08.600 information control by the regime sir yeah i agree with that and i'll go one further on the politicization

00:52:14.920 of this stuff the new york post somehow today has a lead article saying that biden's food stamp program

00:52:23.240 is going to increase inflation food inflation by 15 percent that's backwards the the reality is that

00:52:30.920 the poor and the middle class are living with 15 percent food inflation right now and they're having

00:52:37.720 to jack up food stamp uh you know payments out to people so they can afford to have a meal and so the

00:52:44.920 politicization all is in one direction powell knows at the end of the day we got about 15 months until the

00:52:51.160 presidential election and they have to squeeze out this price inflation from the poor and middle class 0.63

00:52:57.560 because they're the people who vote so you can go into all the technical stuff you want in my view

00:53:03.560 it's always political with the federal reserve it has been for the past 20 years uh there's nothing

00:53:08.600 to stop that right now and the irony is jackson hole is the most income uh the income distribution is

00:53:15.720 so it's the most one of the most unequal distribution of income cities in the world you got the folk the

00:53:21.880 elites flying in the lear jets and then you got the poor sitting there watching the lear jets and the

00:53:27.240 kings come in and stating what they're going to do uh to the lives of the paupers and so 1.00

00:53:32.440 this country's upside down right now and we need to get stability back hang on hang on i need you to

00:53:39.080 stay into the next break because i've got a lot more to get into you uh your key point that i want

00:53:43.640 everybody the declaration the revolution because remember we left an empire that was just about to

00:53:49.880 hit the their their acceleration with india what they had with the royal navy they had a system down

00:53:56.600 what did our framers say we don't want a worthless land landed aristocracy calling the shots and 1.00

00:54:03.240 particularly we're not going to go into monopoly capital with like the british east india company

00:54:08.440 right these these these uh uh you know what they give to these companies to give them whole monopolistic

00:54:15.720 power in certain areas they said no we're not going to do that we want entrepreneurial capitalism

00:54:20.120 and that's why john hancock and sam adams being a couple of freebooters were into entrepreneurism

00:54:26.920 right not not having the tea that was thrown over the side was the british east india company

00:54:32.440 that wasn't the crown they were just getting they were getting up in the man's face and saying guess

00:54:36.040 what no monopoly power we're we're we are freebooters and we're not going to let you control our

00:54:42.040 company kings and tyrants that's why they hate trump that's why they hate trump trump is your weapon

00:54:48.600 he is your weapon against a corrupt system that's there to impoverish you impoverish you take your

00:54:56.360 hard work your tax money your pension funds your hard work and extract all the value for themselves

00:55:03.880 okay short break billy strings another version another cover on a classic gospel song unclouded day

00:55:13.000 which it is in the war room every day of the year be back in a moment

00:55:18.120 oh the land of an uncloudy sky they tell me of a place where no storm clouds rise oh they tell me of an

00:55:31.720 uncloudy sky they tell me of a place where my friends have gone they tell me that my eyes shall be

00:55:47.000 cold heaven's king as he sits on a snow white throne in the city that is paid with gold

00:55:56.840 cold oh the land of cloudless days oh the land of cloudless days oh the land of an uncloudy sky

00:56:07.960 they tell me of a place where no storm clouds rise oh they tell me of an uncloudy day

00:56:24.840 they tell me that he smiles on his children there and his smiles drive their sorrows all away

00:56:43.160 where the tree of life in eternal bloom sheds its fragrance through the uncloudy day

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Bannon's War Room - August 25, 2023

Episode 2980： Powell Speaks From Jackson Hole; Defiance Of Trump.

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