Bannon's War Room - Episode 2989： Real GDP Growth Down Since 1970

00:00:00.000 this is the primal scream of a dying regime pray for our enemies because we're going medieval on

00:00:10.120 these people here's not got a free shot all these networks lying about the people the people have

00:00:16.720 had a belly full of it i know you don't like hearing that i know you try to do everything

00:00:20.480 the world to stop that but you're not going to stop it it's going to happen and where do people

00:00:24.060 like that go to share the big line mega media i wish in my soul i wish that any of these people

00:00:31.880 had a conscience ask yourself what is my task and what is my purpose if that answer is to save my

00:00:39.820 country this country will be saved war room here's your host stephen k bannett

00:00:47.100 okay um welcome tuesday 29 august year of early 2023 supposed to be the slowest week of the year

00:00:58.400 outside of the week between christmas and new year's not working out that way um a hat tip to this

00:01:05.220 audience once again you came and had the back of harrison floyd so you actually get some lawyers

00:01:11.160 um we raised holy hell over the last 48 hours and i my understanding is that he's just been

00:01:18.520 granted a consent bond so he's going to get out sooner rather than later as the song says i think

00:01:24.240 like immediately and we had a technical issue with chris uh kacharoff we're trying to get him back up

00:01:29.600 by phone an update i got some housekeeping to do because i got to get back to the main theme we're

00:01:33.860 talking about here which is the inter how inter politics uh the ruling elite in this country

00:01:40.140 history global economics and your life is all inextricably linked of a piece as we say

00:01:46.940 i've got joe allen joe here's what i'm doing i'm not going to play your cold open because it's so

00:01:51.500 amazing joe allen's got a amazing thing he's put together on war bots where your tax dollars are

00:01:57.280 going for for war bots that is going to blow your weight we're going to play that this afternoon because

00:02:01.040 joe allen is a man in demand now we've got to kind of figure out how to fit him how to get him

00:02:05.920 for the little time he's available uh dark aeon is is in bookstores today uh joe tell me give me a

00:02:13.540 minute on the book and we'll let you go i know you got another interview and interviews throughout

00:02:16.580 the day i'm going to get you back on the afternoon shows because this dod war bots thing is blowing up

00:02:21.900 it's going viral and you're the first one really to kind of make a big deal about it uh tell us where

00:02:26.360 can people get the book and more importantly why should they buy the book well steve this is the

00:02:32.140 roadmap to the future at least futures imagined by those who don't have our best interests at heart

00:02:38.980 transhumanism as anybody who watches the war room knows is the desire and program to uphold technology

00:02:48.880 as the highest power in the universe technology will save humanity from itself from the universe

00:02:55.480 itself this sort of insanity would have seemed like science fiction even maybe 10 years ago i think

00:03:03.940 two things have really set it off the pandemic response and the heavy hand of the authorities

00:03:10.680 using technology to suppress information using technology to brainwash a huge proportion of the

00:03:17.100 population using technology to surveil the population of course offering the mrna technology as a

00:03:24.520 form of salvation to get you out of your ritual cave uh beyond that the advances in artificial

00:03:31.580 intelligence we've covered for the last two and a half years have been explosive alongside crisper

00:03:37.160 and brain computer interfaces dark eon is a map to all of these different technologies as they are now

00:03:44.960 and maybe most importantly steve it's a map to the world views that are behind the development of these

00:03:50.660 technologies and are undoubtedly going to guide their use going forward we are believers in replacement

00:03:58.420 theory here at a war room but not the replacement theory they talk about in the mainstream media which

00:04:03.380 is you know one ethnic group of another one race of another one religious group that's that's not

00:04:09.340 relevant what's relevant is the replacement of something called human beings which you would be one of

00:04:15.040 uh my apologies to all the bots out there they're listening right now um and uh we've got to stop it

00:04:21.740 you may say that the horse is out of the barn there's an argument for that but uh let's just call us the

00:04:27.860 21st century luddites so we're not going to go down without a fight okay we can say that joe allen this

00:04:35.080 is the primer this is the textbook everybody needs for the fall semester i don't care what your age is

00:04:40.700 you're going back to school and uh joe allen's going to be your first textbook joe where do people

00:04:45.460 go amazon.com is where you go get the book want to thank tony lyons and the team over at skyhorse

00:04:49.600 being our partners here at war room books a lot more to come from there our first book was frank

00:04:53.920 gaffney's great indictment uh we only do serious books on serious topics no no fluff here books that

00:05:00.160 you need to read uh joe what's your social media where do people go to find you sir and particularly

00:05:05.160 you're going around hopefully going to go around the country here pretty quickly and spread the word on

00:05:09.540 the war against humans that is what transhumanism is sir first i'd just like to extend my thanks 1.00

00:05:17.200 as well to tony lyons the whole team at skyhorse fantastic working with them and of course the editor

00:05:22.800 elaine lafferty um the book can be found at amazon all places where books are sold it is released as of

00:05:30.400 today amazon's dates are messed up if you order it today it will ship immediately and you can find

00:05:36.680 all links at the top of my social media at joe b-o-t-x-y-z and joebot.xyz

00:05:44.340 remember amazon and barnes and noble are not our buddies here they're going to do everything in the

00:05:50.080 new york times bestsellers they do everything just like in the tucker book they will do anything to

00:05:54.260 keep these books out of your hands that means those are the books you want to read joe allen thank

00:05:59.260 you very much and elaine lafferty is a little under the weather our editor at war room books well hope she

00:06:03.900 hope she gets better she's a uh she's a 24 7 7 day a week type that we attract here at the war room 0.99

00:06:11.440 uh brett hang on for a second i got you for a few more minutes i know gaffney's got to go gaffney

00:06:15.820 what what what is your message what is your message to mccarthy we know mccarthy's by the way people

00:06:22.200 should understand something too just as a news update because of war room and the pressure you're

00:06:26.060 putting on people back in when they come back in the district and you're lighting people up and saying

00:06:31.540 what are you doing this spending is obscene you're destroying the country and you're destroying

00:06:36.060 future generations and you're the cause of it don't give me biden you're the cause of it

00:06:40.980 they've got the the house members are so worked up that and this is the slowest week of the year in dc

00:06:49.760 leadership's teams are back in dc they've all the leadership teams are back there the chiefs of staff

00:06:55.700 and all that they're working 24 7 because they understand a firestorm's about to hit them

00:06:59.980 with their members when they return because people are not because of the show and other podcasts out 0.99

00:07:05.740 there and other shows you're not this is not tv for stupid people you're not gonna have mccarthy 0.98

00:07:11.540 go on and bring a bar to rome and say well in that little voice of his that little schoolboy voice 0.99

00:07:16.780 well you know we can't uh you know we can't do so many things uh if uh you know if we don't if

00:07:23.400 don't have a cr we really we can't do the impeachment we can't do it come on dude grow up 0.97

00:07:29.100 man it's obscene you think how dumb do you think people are we're not buying that we're not buying 0.96

00:07:35.060 it frank gaffney what's your what's your message to mccarthy and his leadership team right now we 0.98

00:07:40.440 know who are listening to this sir my message is this steve joe biden and the obama biden administration

00:07:52.460 in which i believe we are now the witnessing the third incarnation have been all about the money

00:08:00.080 you look at the various things that you ticked off a moment ago that joe biden had as part of his

00:08:07.360 portfolio um the china south china sea ukraine uh i i would argue the memorandum of understanding

00:08:17.240 in may of 2013 that gave the chinese access to our capital markets on a sweetheart deal basis i just

00:08:23.420 heard the other day that joe biden as vice president made three trips to guatemala in 12 months

00:08:29.620 to to try to handle them to uh do some business with some uh company that i presume was paying him

00:08:37.940 now we've got a bailout steve what do you think the chances are that joe biden is trying to figure

00:08:44.560 out how he's going to profit from propping up the chinese communist party i'd say it's a hundred

00:08:50.020 percent so my message to speaker mccarthy is get out of the way if you're not going to be part of

00:08:57.340 saving our country from the most corrupt and frankly the most treasonous president in our history

00:09:04.660 then you are not fit to be speaker of the house and that's true right now not that week from now not

00:09:11.380 a month from now not six months from now right now get out of the way and i would just say we did a

00:09:17.180 fabulous war room style um webinar of our committee on the present danger china last week on the bailout

00:09:25.700 there's plenty of evidence of what these guys are doing they're trying to do it through your tax

00:09:31.040 funding surreptitiously going to try to conceal it from you they're going to try to do it by getting

00:09:37.200 wall street to keep investing in the uninvestable china present danger china.org is where you can 0.86

00:09:43.700 find that and you can also find what may be our most important webinar ever of over a hundred of

00:09:50.180 them now tomorrow at 2 p.m you can register for it at present danger china.org what's it about

00:09:57.380 it's about a coming u.s civil war with chinese characteristics we've got stars of the war room 1.00

00:10:06.520 like brian kennedy sam faddis trevor loudon natalie winters robert spencer my colleague tommy waller

00:10:14.220 it's not to be missed and it's going to lay bare what those guys coming across the border who look an

00:10:21.260 awful lot like pla special forces units may have in mind for us making it look as though we're

00:10:28.200 starting a civil war for all their provocations against us don't want to miss this one present

00:10:33.600 danger china.org register today thank you steve i'm gonna get grace and mo on that we're gonna try to

00:10:38.920 stream that thank you thank you very much gaffney you're doing the lord's work um i've got chris by

00:10:44.260 the way i'm gonna get back to brett in one second but i've got chris harrison a floyd's lawyer on the

00:10:49.220 phone now we've got him hooked up chris uh walk me through what has happened what's transpired since

00:10:54.020 we uh we dropped sync on the show all right so we just got a uh an offer from fanny willis to uh

00:11:01.820 have him out on bond a consent bond it's the same bond she offered everybody else uh i've maintained

00:11:07.000 she didn't have to wait for us she could have done it herself um i had hoped that other people were

00:11:11.780 going to come out and support him and demand his immediate release but for whatever reason that

00:11:15.360 didn't transpire i don't think the the president got the word i don't think his lawyers got it to

00:11:20.400 him but uh so right now it's good news i'm gonna have him out today and uh he can be on the speaking

00:11:25.520 circuit maybe he can call into your show and tell the folks what he went through

00:11:28.580 you tell harrison that he's always got a platform here in the war room and chris i'm so glad things

00:11:36.160 change and this is about this audience when you supported the situation with harrison late last week

00:11:40.820 you got pat mcsweeney you got uh chris kacharoff on the case and things change and uh congratulations

00:11:47.540 to harrison and we'll look forward this afternoon in the afternoon show about uh talking to you about

00:11:52.360 what if harrison gets out this afternoon couldn't happen to a better guy steve thanks for all your

00:11:57.240 help and i want you to know that other people have told me that they heard about it on war room that

00:12:00.620 you had demanded his immediate release so i appreciate all that thanks chris great job you and mcsweeney

00:12:07.720 that's a tough team tough team man you gotta have tough teams look you saw at the beginning of the

00:12:14.240 show and we didn't have time to play the meadows part of it the the the judge yesterday you got to

00:12:21.220 understand what's going on here she picked a random date because remember there's no coincidences in the

00:12:26.400 war room she just picked a random date just you know she was listening and this is something that

00:12:30.260 should take years to go to trial with all the information that's got to come out because it's about

00:12:34.180 the stealing we're going to get to adjudicate the 2020 election in a federal court ah if the judge lets

00:12:41.640 that come in so it will take years to get this ready right years so she picked a date random date 0.94

00:12:51.400 she picked the day before uh super tuesday it's serious the trial starts monday before super tuesday

00:13:01.460 brad let me go to you give me your thoughts on that give me your thoughts on the pressure on trump

00:13:05.720 i got a couple of minutes we're gonna come back and talk about the economy and the reuters story

00:13:09.220 coming out of jackson hole but give me your thoughts is it a random event that she picked

00:13:13.080 the eve of super tuesday to put trump on trial

00:13:15.740 no nothing random and uh frank's comments on the speaker are key you know this is uh you know the legal

00:13:26.280 matters the moral is most important the spiritual is the highest good and these are issues of the

00:13:33.220 highest good when you see out of the left right what we we're getting constantly is narcissism

00:13:39.440 gaslighting and now the latest term is this rico lawsuit stuff as soon as they tell you what's coming

00:13:46.840 your way it's what they're doing i mean we just need to put together some bullet points and all these

00:13:51.960 the political commentary is just my own but our side it's a moral failure of courage to stand up

00:13:59.100 and just tell the truth all you got to do is tell the truth god says don't bear false witness if you

00:14:04.380 do what god wants you're going to get some support from the spirit it's going to come your way but if

00:14:08.580 you don't even put up a fight and tell the truth it's hard to win and so uh you know thank god we got

00:14:15.640 some superheroes on our side fight fighting the legal uh side of it uh but across the country

00:14:21.500 uh everybody needs to weigh in here because everybody's waiting for support from someone else

00:14:26.400 uh and if the calvary doesn't come in meaning the american people with courage moral courage

00:14:32.560 it makes it harder on everybody and so we need everybody to have everybody's back that's what made

00:14:37.660 this country great dave hang on for one second we're gonna get back into this and particularly

00:14:44.480 reuters has an amazing story up that concurs with our economic analysis and they hung out

00:14:52.080 in jackson hole with the central bankers all next in the war room

00:14:55.720 as central banks and countries like china india australia begin transitioning to a digital currency the

00:15:06.180 federal reserve has been contemplating the same for the united states of america with a digital

00:15:11.400 currency the government could track every single purchase you make officials could even prohibit you

00:15:17.320 from purchasing certain products or even easily freeze or seize part or all of your money these are some

00:15:25.200 of the reasons concerned americans reach out to birch gold group they want to have a physical asset

00:15:30.860 that's independent from the u.s dollar gold held tax sheltered in a retirement account remember

00:15:37.820 gold held in your tax sheltered retirement account learn if gold is right for you text bannon b-a-n-n-o-n

00:15:46.920 to nine eight nine eight nine eight that's bannon nine eight nine eight nine eight and birch gold

00:15:53.280 will send you a free information kit today with an a plus rating with the better business bureau

00:15:59.140 thousands of thousands of happy customers countless five-star reviews birch gold has been

00:16:04.200 helping my listeners and viewers from the very beginning of the show text bannon b-a-n-n-o-n

00:16:11.580 to nine eight nine eight nine eight and claim your free info kit on gold because of a central bank

00:16:17.880 digital currency becomes reality it'll be nice to have some gold to depend on take action use your agency

00:16:25.800 do it today here's your host stephen k bann

00:16:30.000 okay we're gonna go back to dave bratt so first of all some breaking news terrible news about uh the

00:16:37.620 health of uh uh majority leader steve scalise it looks like he's got uh uh some serious medical

00:16:44.900 conditions they just put a statement it's up on punch bowl they're gonna have a special edition i think

00:16:49.240 as soon as we know more we'll get it out to the audience but uh uh our um uh brother scalise uh

00:16:57.500 need your prayers today so um let's everybody pile into that uh grace and moe get something up as soon

00:17:03.880 as we know more also charlie kirk yesterday um did a great job in his show lighting up new hampshire

00:17:09.780 about this whole issue of getting trump off the ballot this whole bogus 14th amendment situation that

00:17:15.040 we've been all over charlie kirk did such a good job on his show and a shout out to charlie

00:17:19.500 and real america's voice and the entire team over with charlie kirk show and a turning point uh lit

00:17:25.520 up the boards lit up in in new hampshire and all of a sudden they came out hey that's not going to

00:17:29.760 happen uh it's fake news you know which it wasn't fake news but they're sitting there going hubba

00:17:34.360 hubba hubba hubba hubba you know nothing to see here so um great job and that's what you got to do

00:17:41.760 you got to put these guys under that you got to put them right under the you put the spotlight right

00:17:45.680 on them and and not let them squirm the sununu's up there are working non-stop they're laboring like

00:17:50.880 kemp is in georgia sununu in new hampshire you've got these establishment guys all over christian new

00:17:56.620 jersey and they're figuring out they're working 24 7 not to defeat biden and the traitors that are

00:18:02.100 sold out the country to stop trump and the reason they want to stop trump uh they want to stop you

00:18:06.920 they don't want you to have any say so in what goes on because they understand you're breaking up

00:18:11.480 their deal you're breaking up the elites in this country's deal which is with wall street the

00:18:17.200 oligarchs in silicon valley the big industrialist right and the chinese communist party world economic

00:18:22.760 forum remember kemp when i was he's over davos you know walking around like a big shot you know he's

00:18:27.660 big man gonna be president of the united states not gonna happen brother so you might as well throw in

00:18:32.880 now also huge situation in hawaii we've got a team out there hawaiian electric came out yesterday and said

00:18:39.020 for six hours they had cut the power off before the first fire started not seeing that doesn't lead

00:18:46.800 the news does it they put the news out and that's why the stock was the stock was on fire no pun

00:18:51.760 intended because they think it's going to get them off the hook for liabilities there's something not

00:18:56.680 right in maui one thing i would recommend on this maui situation number one my patriot supply we're so

00:19:01.640 honored to have them as a sponsor one of the things you got to take on your checklist your action items

00:19:09.020 to make sure you're invulnerable uh you're not vulnerable to anything happening untowards to

00:19:16.420 you or your family my patriot supply is the best company in the world for preparedness just go to

00:19:21.860 the website or call them they've got they've got advisors and consultants that can walk you through

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00:19:31.540 that's what they're experts that's how the company's gotten so big because they take care of

00:19:35.020 people so go check it out today dave bratt um and i it one of the great things about you you're

00:19:41.540 coming as a hard numbers guy but you also have the the training and the understanding of moral

00:19:46.040 philosophy and in the ideas about this that connects the spiritual to the to the um the temporal

00:19:53.180 i want to start in the temporal and you take it from there and i'm so proud of you when i saw that

00:19:58.680 writer's story in the early dawn light i said man i said dave bratt has been hammering this

00:20:03.960 in navarro and finally they picked it up the guy the writer's guy hung around for a couple of days

00:20:09.280 afterwards and and and talked to like that did the report of the kansas city fed and others and said

00:20:13.540 hey guess what uh the world don't look so good right we are over leveraged we're in a morass of debt

00:20:20.760 everywhere as we've said just everybody's leverage up way too much debt but he also got down to the

00:20:26.120 beating heart of the problem the beating heart of the problem is productivity and the productivity

00:20:30.440 remember the productivity is a function of two things capital is part of but it's really technology

00:20:35.700 and skills and that skills comes from education and a trained labor force and you know craftsmanship

00:20:42.260 and going up a learning curve and becoming better and better those productivity then it comes forward

00:20:48.340 with you know better jobs better wages growth prosperity we don't have that as br as brad's been

00:20:54.060 saying he says hey this is all a finance capitalism uh this is late stage capitalism this is finance

00:21:00.140 capitalism this is not entrepreneur this does not get back to the individual workers and productivity

00:21:05.740 until you solve the productivity problem that you're just going to keep piling on debt for the phony

00:21:11.060 phony prosperity you think we have which is completely we don't really have prosperity but it's all phony

00:21:17.560 because and this is what they're going to come back to the end of september we need more money we need

00:21:22.060 two trillion dollars of deficits and debt every year we need seven or eight or nine trillion dollars

00:21:27.840 spent we need a trillion dollars in defense we need a trillion dollars here we need to pay for this for

00:21:31.720 the ukrainians we got to pay for the whole world it's and it's going to be on the shoulders of uh the 0.93

00:21:37.380 working class either through taxes or their other tax of inflation remember government spending is not

00:21:44.000 a benefit to you it's a burden to you day brett yeah well i'm glad you brought up education everybody

00:21:51.200 can go google eric hanyashek he's the best guy on the economics of education and over the past 50 years

00:21:57.480 uh spending on education has gone like this straight up through the roof so is hiring a bureaucrat

00:22:03.560 uh guess what test scores look like flat as a pancake so that that's not a uh right winger that's the

00:22:09.600 the lead author for decades on economics education and that's the definition of no productivity when

00:22:16.580 you spend a ton of money on something and you put a ton of inputs into something and you get no output

00:22:21.680 meaning test scores it's awful now the reuters piece is very good it's acknowledging just like you said

00:22:27.680 reality finally well duh but it's a it's a little misleading and i'm being very uh kind right there

00:22:34.080 there's uh there's more uh false witness in that thing they got a subtext of trade going on here we

00:22:41.140 need to have free trade again and just getting all trade things there's a subtext of sobering view of

00:22:46.640 post-pandemic growth in the global economy and again in quotes the emerging pandemic economy

00:22:52.600 and the federal reserve of course is doing this research out of jackson hole well if you put two and

00:22:58.820 two together what's that tell you oh the fed didn't construct the total failure of 0 708 and

00:23:04.860 the fed didn't have interest rates at zero percent for a decade and just ruin our economy this is all

00:23:10.040 the fault of covet right and so reuters is going along with this this new covet economy they just

00:23:16.380 discovered uh there's nothing new here this all goes back 70 years with a managed decline like you've

00:23:22.360 been covering for years on this show i got a few charts that will prove it beyond any doubt

00:23:28.320 uh denver if you guys want to just put up the the the uh first few charts i'll just go through them

00:23:34.160 quickly uh but there's gdp growth way over at the left 1970 it's at five six percent and then at the

00:23:41.540 far right gdp growth for the united states of america is down to the two percent range well how did that

00:23:47.800 happen you just gave the answer what causes gdp productivity of the real economy not the stock market

00:23:55.280 next chart shows productivity going back 50 years so is this the fault of the new covet economy no i

00:24:04.880 don't think so the covet economy just hit two years ago here's productivity growth and the dark green

00:24:10.000 and the light green is your your real hourly compensation known as the wage rate so if you

00:24:17.680 want to know why the black brown blue collar wages are down it's because productivity is down at the far

00:24:24.880 left of that graph in 1950 70 years ago productivity was high i'll bet if you look at germany productivity

00:24:32.240 was high if you look at the uk netherlands productivity was high now it's down to one percent in the united

00:24:39.300 states of america and so guess where your wages are uh next chart and these are more in summary uh the uh

00:24:47.480 here hang on hang on hang on whoa whoa whoa i want to put some context in here i want to put some context

00:24:52.000 this is because one nixon going off the gold standard which i'll have more to say about that

00:24:57.360 but in particular reason a lot of those from the 1990s onward the capitalists they're not interested

00:25:04.600 they're really not focused on productivity in the united states because the deal they kept with the

00:25:09.900 ccp they got the slave labor in china they got to lao bai jing well we just abused a lot by no

00:25:15.160 it's allowed by jing they're worried about you know squeezing as much blood out of the chinese 1.00

00:25:21.200 laborer that's how the world system works on that it's predicated on the slave labor that's why they 0.99

00:25:26.240 export the deflationary quite frankly of of the overcapacity of their state industries and this is

00:25:32.720 why the wages throughout the world and man oh my god wall street they'll go crazy but the wage increases

00:25:38.400 it causes inflation it's so bad inflation no it's not wage increases that cause inflation it's the

00:25:44.420 printing of freaking money non-stop brother brett but continue on brett i got that all covered you 0.62

00:25:52.400 can't tell me i buried the lead because you just buried my lead here comes the china capital story 0.60

00:25:56.880 next next chart next i hadn't seen these charts hang on i i hadn't seen these charts in advance either

00:26:05.220 i just let brett roll keep going brother it's good i'm leaving on that china thing here's the source

00:26:10.740 of confusion denver that nice gold bar you got right there that's the stock market right and that

00:26:16.020 thing's going up and the rich are getting rich and then down below it uh the purple line is gdp growth

00:26:22.940 so there's your real economy it's not growing that purple line looks pretty flat to me yes and the stock

00:26:28.300 market's going up straight through the roof and the rich are getting rich next chart what's that end up

00:26:33.620 when the rich get rich who owns all the stocks and all the mutual funds the top 10 percent of the

00:26:40.800 people and this is federal reserve data this is not you know right winger.com this is the federal

00:26:47.240 reserve showing you the top 10 percent own 90 percent of the mutual funds and stocks in the bottom

00:26:53.360 middle own nothing and then let's close on the last two here's your china graph yep no no hang on

00:27:00.620 hang on i want to save the punch line for after the break because this you've done this so well

00:27:04.920 this is my point you can't keep a look dave brett and i are a capitalist i'm an entrepreneur of

00:27:10.640 capitalism a system like this can't continue on it just can't we're all the values taken by an elite

00:27:16.740 few who have business relationships with people that are not don't share our values and i'm not talking

00:27:24.500 that's just for corporations i'm talking about the chinese communist party murderous dictators 0.54

00:27:28.900 brett hang on for a second but yep go to birch gold ask philip patrick and his team today i want

00:27:34.400 everybody to call him go there and just ask him a simple question why are the central banks in like

00:27:39.100 the brics countries and the people that control all the natural resources in the world why are they 1.00

00:27:43.780 buying gold at record amounts and why is the federal reserve spending all their time working on a

00:27:49.920 wait for it federal bank federal reserve digital currency when why is that i'm confused so call

00:27:59.040 philip patrick and the team at birch gold slash bannon right now make sure you talk to them you get an

00:28:04.660 answer get an answer that makes sense for you don't listen to me i want you to talk to experts we're

00:28:10.360 trying to immerse you in information so you can understand what the con is the long con we're gonna

00:28:16.960 return with bratt and his charts just a moment we rejoice when there's no more let's take down the

00:28:24.240 ccp do you ever get the feeling that something bad is about to happen soon well i do between the

00:28:32.600 distractions and the shiny toys and the smoke screens put up in the media you probably won't see it coming

00:28:39.240 that's why it's smart to invest in emergency food right away and by right away i mean now as they say

00:28:46.700 it's better to have it and not need it than to need it and not have it my patriot supply is the

00:28:52.240 nation's leader in high quality emergency food head to my website preparewithbannon.com that's

00:28:59.120 preparewithbannon.com and you'll save 200 bucks on your three-month emergency food kit for my

00:29:06.800 patriot supply enjoy a wide variety of delicious meal offerings over 2 000 calories every day for optimum

00:29:14.660 strength under stress stock up before the panic sets in free shipping is automatic and your order

00:29:21.960 ships fast go to preparewithbannon.com that's preparewithbannon.com immerse yourself in

00:29:28.740 information do it today and do it with the leader my patriot supply here's your host steven k ban

00:29:37.320 brad i understand you got to go i really appreciate you staying through the break

00:29:42.720 uh give me your punchline then i gotta i gotta ask you a question i must ask you a question because

00:29:47.620 the audience wants the answer of this firestorm that's about to engulf the nation's capital about

00:29:53.180 spending sir good good yeah denver last uh two charts uh if you take macroeconomics uh technological

00:30:00.400 growth is a little complex but the main cause of economic growth is capital capital equipment if you put

00:30:07.300 capital in the hands of american people uh we become the dominant superpower in the world that's

00:30:12.940 what happened that's our history uh here's the chart of chinese uh capital uh increases look at

00:30:19.880 1980 right in the middle of the chart uh not much and then it goes up exponentially up through the roof

00:30:26.300 now by conch and that causes massive economic growth if you invest in capital and you have free

00:30:32.320 market system which they don't but hold it stick stick hang on hang on stick on that stick on that

00:30:37.440 chart that chart and for our for our podcast audience this is why you got to sign up go get

00:30:42.960 the email yeah did you see the charts and everything because it can't not seeing this visually because

00:30:48.560 this is a tv performance that coincides with tiananaman square that's the deal you want to see the you

00:30:55.200 want to see the mathematical manifestation of the deal that sununu and bush in this crowd cut

00:31:00.240 it's right there that was to flood the zone with but that was to shift world manufacturing production

00:31:06.240 away from a relatively high labor cost united states of america with blue collar people mainly who used

00:31:13.100 to be democrats like my parents union folks to ship it over to take advantage of the slave labor in china 0.97

00:31:20.240 that right there is shows you exactly what the world's elites did in partnership with this guy

00:31:25.840 that's the chart right there yep dave brett continue on sir yeah yeah that that's right and the

00:31:31.500 distribution of income story in china is going to be front page news in a week or so uh same with

00:31:37.560 sub-saharan africa and the poorer countries because the decline in global growth which the imf came out

00:31:44.480 with and the federal reserve just discovered this past weekend uh is going to be catastrophic and

00:31:50.900 everybody should go read the end of rfk juniors book uh instead of uh doing water and nutrition

00:31:57.720 uh etc uh the the left went into sub-saharan africa and wanted to do virology which displaced

00:32:06.260 uh public health water nutrition etc so that's an aside but denver let's put up the last chart here's

00:32:12.360 the united states capital stock by contrast it's going up but you can see it's plateauing it is not

00:32:18.620 going up like a rocket ship right it's gradually going up but at the far right it's plateauing

00:32:23.900 uh and so what is this uh summary uh china's not as rich as we are they're not nearly as rich as we

00:32:30.100 are in per capita income uh but they have a hundred trillion dollars worth of capital to work with on

00:32:37.620 hand we are a bigger economy for a longer time period and we only have 70 trillion dollars worth of

00:32:44.440 capital to work with that's a devastating critique that did not happen post covet your reuters your

00:32:52.880 federal reserve researchers you have floors of researchers it's but but that's that's not capitals

00:32:58.140 per se that's that's capital equipment is that capital equipment that's right that's right robots

00:33:03.960 and machine okay yeah it's a very okay hang on hang on whoa whoa whoa whoa slow down that's a big

00:33:09.360 difference professor i just want to make sure that people and you use that term as an economist

00:33:14.020 people understand it this is this is this is the key point as we say in the presentation

00:33:18.720 that is the capital equipment remember when you had the big fight over the trump tax cuts

00:33:24.380 we wanted the corporations not to be able to use to do stock buybacks but force them to put it in the

00:33:30.520 capital equipment people say well you can't force them sure you can buy tax policy um because if you

00:33:35.960 don't do it they're just going to play games with their stock and so that the managers and the ceos

00:33:40.740 cash out big time don't care about the long-term growth of the prospects of the of the of the

00:33:46.300 company and kind of move on so a hundred trillion dollars of capital equipment or capital stock

00:33:51.460 in the manufacturing mega mega mega death star of china with the slave labor allowed by jing 0.93

00:33:57.920 making a buck a month versus seventy trillion dollars in the united states that has long-term

00:34:02.880 implications they're teetering on the edge because the speculative nature of the ccp to have to 0.98

00:34:07.660 to have to grind to have to blow this up quickly the property in real estate that's where they're

00:34:14.000 teetering on the brink and right now biden's people are over there trying to cut a deal with

00:34:18.240 them on trade about that capital stock so they can that we can moderate the trade where the trump

00:34:23.660 trump administration had it backed up against the wall to bail them out this is a bailout they're

00:34:29.120 bailing out the ccp last thing i got to go brad but last thing just your thoughts on what this

00:34:34.260 audience should be doing because midnight at september 30th you know cinderella the coach goes

00:34:40.020 home that's the end of the fiscal year mccarthy these guys are going to happy talk to you they

00:34:44.520 want to just a 30-day cr or six-month cr they're going to give you every excuse in the world oh we

00:34:49.360 can't do this we can't do this they have lied and failed and everything had he's been around nine

00:34:54.660 months now he had every opportunity to get this done all the appropriations the regular order was all

00:34:59.560 a lie all a misrepresentation nothing got done and now he's going to come back and beg for an

00:35:04.420 extension what what are your thoughts on that brother brad yeah my thoughts are everything we

00:35:10.100 just put up all those charts that's what's happening to you that's what's going to keep happening to you

00:35:15.360 until some party grabs a backbone and courage and and the most important concept i skip over on all this

00:35:23.780 but it's the distribution of income and this idea of average right if steve's got a million

00:35:29.400 bucks and i got a buck the average between us is a half a million dollars uh the average is a half

00:35:35.780 million but i only got a buck am i better off no that's the central concept that the war room

00:35:41.980 needs to ask for and everything we look at how is it affecting the middle class the median person

00:35:47.400 and when you see the effect of these policies that congress is doing the seven trillion dollar budgets

00:35:52.900 the two trillion dollar deficits you're crushing you in the middle class let me let me get let me get

00:35:59.100 this let me put just succinct like you're getting crushed okay it sucks everything is done it's on 0.64

00:36:06.260 you know this is this is this is the deplorables everything's on your shoulders the whole world

00:36:10.960 is on your shoulders because the civic society gives the robust nature of the capital markets the

00:36:15.980 liquidity of the capital markets united states the entire deal is on your shoulders and all you do is

00:36:21.380 get screwed every day we can show it to you mathematically by the elites in this country and

00:36:26.620 they're going to keep screwing you until you stand up and say hey how about this no longer that's why 0.98

00:36:32.800 they hate trump that's why trump's got 91 indictments 700 years in prison they're going to start next year 0.96

00:36:38.940 with these show trials they think that they destroy trump they destroy this movement and if they destroy

00:36:44.360 this movement they can rule for a hundred years and how they want to do it that's why donald j trump

00:36:49.840 the fate of one man and the destiny of a nation are industry linked for only the third time in this

00:36:55.960 republic's history general washington and the revolution and the founding of the nation around

00:37:00.460 the constitution abraham lincoln in the civil war and donald j trump in the firestorm of the fourth

00:37:06.840 turning in the 21st century of this republic day brad how do people get you down to liberty

00:37:12.020 mr vice provost brad economics on getter and then of course go to rumble and just pick up all these

00:37:17.300 episodes and uh thanks for all the work you do steve come visit liberty university we got a new

00:37:21.960 cafeteria that holds 3 000 students with every delicacy you can imagine i've been a regular visitor

00:37:28.180 please come visit and say hi i'll be there at noon most days don't don't do that your movie star good

00:37:36.660 looks is half of half of the reason the war room listen listen no no no no get back out there brad

00:37:44.580 thank you so much brother thank the charts were amazing charts were amazing god bless everybody

00:37:48.640 as usual thank you thank you sir they brett that's a good man um so here's the one thing you have done

00:37:58.360 you forced the leadership's teams back to washington dc in the slowest week of the year they're in panic

00:38:05.260 mode because they understand they can't keep selling you the same bs they've been selling you for 40 or 50

00:38:12.500 years you're too smart for that because now your native intelligence coupled with now you've got

00:38:17.660 access to information that you just can't you know they just can't blow it past you because you don't 1.00

00:38:23.980 watch tv for stupid people you you take the hard lessons here and now you're asking the hard questions 0.99

00:38:29.400 first question out in nebraska ask general bacon has he you know run his mouth all the time on msc guys 1.00

00:38:35.600 guys run around talking this giving deep thoughts has he been over to treasury and seen the stars

00:38:41.660 reporting he said well i'm not on the committee no dude you're congressman you can make it happen

00:38:45.260 you're a freaking air force general go make it happen and his constituents said ask him before 0.52

00:38:50.120 you run in your mouth have you been over and seen the stars report that nancy mace says it's over 50 0.98

00:38:55.700 million dollars of direct payments to the biden crime family nancy mace reports is 50 million by the 0.94

00:39:02.460 way nancy mace says the thickest file is hunter biden's trafficking of women for sex that's the thickest file

00:39:09.240 why don't we just make how come that's not made public why is that not made public

00:39:14.200 the crimes of the biden crime family the only thing they pale in comparison to is cyber crime

00:39:20.380 and the explosive nature of it now not just globally but particularly in the united states of america

00:39:25.980 matthew cox from home title lock tell me first off matthew you were one of the bad guys you were

00:39:30.740 one of the guys perfected cyber crime how big a deal is just cyber crime overall for our audience

00:39:35.680 i mean it's huge right right now there's more personal information on the web about every single

00:39:45.960 one of your audience members as has ever been than there's ever been i mean there there are leaks you

00:39:52.920 can you can purchase uh dumps of information you can purchase social security numbers dates of birth

00:39:59.880 um you know their full names their addresses i mean people are very vulnerable right now

00:40:05.320 i i was actually two weeks and how does that make two weeks ago i was go ahead continue on

00:40:11.620 at a cyber crime convention and i mean it's it's frightening you would think that it would

00:40:18.520 be tightening up and it's actually just getting worse how could that be because now people are more

00:40:25.440 alert to cyber crimes and to what you just talked about why is it getting worse because the bad guys

00:40:29.640 are getting more sophisticated much more sophisticated and and it's not it's it's funny after speaking

00:40:36.180 with you know all of these experts it's not so much that there are hackers hacking into the systems as

00:40:42.680 there are people just falling for very basic phishing scams and people gladly give over their information

00:40:52.360 and then it gets stored on the web and sold over and over again

00:40:56.820 you know and there's so much how does this tie back how how does this tie back to the fear i've got

00:41:06.020 is nine eighty ninety percent we just went through how ninety percent of the stocks are owned by ten

00:41:11.840 percent of the people eighty or ninety percent of people's net worth today the average american is tied up

00:41:16.660 in their home so their home is not just their castle their home is their anchor to windward

00:41:20.640 in case of any storm how vulnerable are they to cyber criminals in this whole area of taking out

00:41:26.560 a second mortgage on on your home uh unbeknownst to the owner i mean they're very vulnerable i and

00:41:35.380 the real problem is that all of that information is available online like me looking up the title to

00:41:42.200 someone's house isn't illegal it's available to anyone any member of of your audience could look up

00:41:48.720 all of the information on their house online they could go you don't even have to do it from your

00:41:53.640 own ip address you could go sit in a in a starbucks and look up that information that information

00:42:00.080 can be found anywhere in the world they can purchase the information to the person who owns the home

00:42:09.160 borrow money against the home satisfy the loans on the house i mean this is listen criminals are getting

00:42:15.960 more and more savvy all the time where did they go right now to find out more information what i want

00:42:22.980 to do is immerse people in information this because we can't have members of the war room posse that

00:42:27.540 have a massive shot below the waterline on something like this where a heart that some guy takes out a

00:42:33.320 loan with a hard money lender a second they got to pay it off the interest rates and it takes forever

00:42:37.440 if they could even get it unwound where did they go to get the information on this matthew

00:42:41.320 i would say a home title lock dot com is that's that's really a great place to go and find out

00:42:49.660 what's really happening and it's it's also obviously it's it's a great place to go and and get protected

00:42:57.000 because you're just not protected i mean you can even if you could even if you found out what was going

00:43:04.120 on and someone stole the title to your home or bar against your home how would you unwind that how

00:43:11.380 would you have to fix that matthew cox thank you very much appreciate home title lock dot com need

00:43:18.080 everybody to go to the today check it off as your homework assignment home title lock matthew cox

00:43:24.060 cyber criminal extraordinaire but he's worked his way back to the good guys short break back in a moment

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00:45:02.960 here's your host steven k band

00:45:06.440 okay welcome back uh two things happening yesterday charlie uh kirk lit up new hampshire

00:45:15.920 your calls boom they dropped this oh trump's going to be on the ballot we didn't know who was doing

00:45:20.740 that that's the noon in that crowd up there working non-stop uh harrison floyd's going to be

00:45:25.800 laid out today on a consent bond because this audience pitched in and got him a lawyer a real

00:45:29.780 legal team with pat mcsweeney and chris that are fantastic i think he's going to be out today on a

00:45:34.600 consent bond because you went crazy on why is this uh black maga conservative locked up and everybody 0.91

00:45:41.520 else is not it's outrageous and finally willis and this guy's blinked we need kemp we need the the

00:45:47.100 republican um establishment mafia down in georgia to feel the heat of this audience okay and we need

00:45:57.900 mccarthy to feel the heat this is what this is not radical democrats this is these are supposedly

00:46:05.340 conservatives that take your money that play footsie with the enemy and now they're on the

00:46:11.280 brink of destroying this country i just want to ask mccarthy and the republicans one question

00:46:15.100 please show me the math so i can show the war and posse show me the math of how we don't have

00:46:21.320 one and a half trillion to two trillion dollars in perpetuity that means forever and ever

00:46:28.480 show me the math i went to hbs i can do the math i worked at goldman sachs i can do the math

00:46:35.520 show me the math show me the mathematics and back of your happy talk because your plan is the road to

00:46:43.360 perdition you know who knows that the central bankers out there the central bankers make sure

00:46:49.860 you go to birch gold now and check everything i need you guys armed and we're going to get you uh

00:46:53.980 uh navarro's uh macroeconomics course all of it they can't stand the fact that you're knowledgeable 0.97

00:47:00.420 now and you're not going to take their crap anymore and their lies and their spins and 0.89

00:47:03.940 misrepresentations uh mike lindell i i've you know trump's under assault 24 7 on you know 50 0.99

00:47:13.400 you know 71 indictments 91 indictments 700 years in prison they're going to start the trial randomly

00:47:18.860 on the eve she's in your grill that judge in in in washington on the eve of super tuesday 0.89

00:47:25.400 they're going to put trump on trial that that's her plan she locked the date in 1.00

00:47:29.060 mike lindell you're under assault in every different direction tell me over the last 24

00:47:33.400 hours they took the company's website down down again no they they've attacked it they're running

00:47:39.040 they're running these artificial things on there where they just bang it with cards and then

00:47:43.660 and then i um it uh it involves more money it slows down the process but uh um and then our call

00:47:50.960 center had um direct threats and uh it's not ending right now they're very worried about the plan to

00:47:57.760 secure our elections that we're that we're involved in and uh that the republican party came out with a

00:48:02.920 great resolution for the same day voting paper ballots hand counted precinct level signature

00:48:08.620 required so i there you can it's just very you can tell every time they're worried the attacks come

00:48:14.620 full force at me um whether it's with lawsuits or attacking my company and this is an employee-owned

00:48:21.000 company i just happen to be the biggest stockholder and my employees come to me all the time and

00:48:25.720 they're going you know is are things going to be okay are we going to be okay and it's concerning

00:48:30.300 for them all the time and i say yes we will so steve i got a good one for you today so what i did i'm

00:48:36.280 doubling down you know we have our towels that we have the six-pack sets that just got back in

00:48:42.020 everybody we are waiting for them they're normally 79.98 39.99 for a six-pack set of the towels all the

00:48:49.700 colors are in but here's what we're doing to combat what they did to my pill yesterday our our slippers

00:48:55.860 if you show uh if you show me here yeah yeah there's the there's our slippers right this is the

00:49:02.280 original my slippers everybody these are the ones 149 they were on sale for 49.90 we're going to do a

00:49:09.580 christmas sale early to combat these all the slippers these are these are the best slippers you're ever going

00:49:16.260 to use in history 29.99 and uh we're going to do a very limited sale on this but i'm i have to uh give

00:49:23.760 my employees some confidence that uh that we're going to be okay because it just doesn't let up and

00:49:29.420 they're going you know they're just trying to run me completely out of money so i cannot continue to uh

00:49:35.240 um to uh fight this election to fix these election platforms and there's the promo code war room

00:49:40.940 everybody there it is these are the original my slippers you guys it's our early christmas special

00:49:47.020 you know what when they attack we just go back and we celebrate um that's the way i'm at they uh

00:49:53.140 they keep attacking and we're gonna and we're winning everybody on all levels and uh this plan goes

00:49:58.620 forward no matter what my pillow.com promo code war room and you heard that from the happy warrior

00:50:06.320 mike lindell mike why are you the happy word no matter i've never seen you in a bad mood

00:50:11.100 ever what tell me i only got 30 seconds tell me why why it's because you have the lord in your heart

00:50:16.760 why why why are you always upbeat when the world's trying to crush you yeah absolutely it's my faith in

00:50:22.400 god i mean we're in the best time everybody we're in the best time ever to be alive this is the times

00:50:27.320 we're gonna everything's gonna get changed because of what happened it's gonna be for the better we're in

00:50:32.240 the greatest revival for jesus christ in history i look at all if you get a chance everybody go to

00:50:37.660 frank's speech and watch my my show that said how we got here and watch that speech i did it shows

00:50:43.360 all the things you think are negative out there everybody god uses all things for good and we're

00:50:48.580 gonna get to this great place and we're gonna look back and say everything had to happen just the way

00:50:53.260 it did and uh so i'm uh you know i'm always optimistic but i just think if we didn't have any we have a

00:50:59.840 great plan we have a you know and it's uh it's all gonna work out and i just want to give people

00:51:05.280 hope and uh and uh you know if you uh if you're losing hope get in the word get in the word go to

00:51:11.440 the bible read your bibles and get in prayer as long as you are the tip of the spear and people uh get

00:51:19.040 into the uh and get into the new testament it's going to be fine mike lindell honored to have you on

00:51:24.320 your brother thanks thanks steve god bless y'all thank you

00:51:27.640 iris dement will take us out to the charlie kirk show i don't think we could have a more

00:51:35.980 appropriate song for today's coverage listen to her uh listen to her uh lyrics we'll be back here at five

00:51:42.920 lord i'm gonna go there sooner or later and i don't want to get adjusted to this world

00:52:08.460 lord i'm growing old and weary there is no place that feels like home

00:52:23.900 savior come my soul and ferry

00:52:31.280 to where i'm growing old and i don't want to get adjusted to this world i've got a home so much better

00:52:59.760 now i'm gonna go there soon for war room veterans you know we have been all over the

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00:55:51.240 to do that is with salty go there do it today check it out

00:55:54.960 you

00:55:56.600 you

00:56:08.300 you

00:56:08.380 you

Bannon's War Room - August 29, 2023

Episode 2989： Real GDP Growth Down Since 1970

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