Episode 3006： Deficit Set To Double While Elites Enjoy Summer
Episode Stats
Summary
In this episode of War Room, I discuss the scandal surrounding the scandal involving vaccines and anthony Fauci, and the sham impeachment of Sen. Ken Paxton, R-Texas, who was accused of conspiracy to commit vaccine fraud, conspiracy to obstruct justice, and conspiracy to spread lies.
Transcript
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this is the primal scream of a dying regime pray for our enemies because we're going medieval on
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these people here's not got a free shot all these networks lying about the people the people have
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had a belly full of it i know you don't like hearing that i know you try to do everything
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the world to stop that but you're not going to stop it it's going to happen and where do people
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like that go to share the big line mega media i wish in my soul i wish that any of these people
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had a conscience ask yourself what is my task and what is my purpose if that answer is to save my
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country this country will be saved war room here's your host stephen k bann
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concept that they were living in an orchestrated truman show
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that they did not understand they're not going to have the idea of like oh sure the vaccines were a
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little bit more dangerous than claimed and maybe a little bit less effective and maybe we knew a
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little bit more about the lab leaks no way you spat directly in my face and told me
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not only that it was raining but that i was a crazy person for thinking that you spat directly in my
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face and you piled up how many nobel laureates to defend uh the idea that any inquiry into the origin
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of this virus was racism it's like you're dead to me and i think that that's what people are not
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understanding in the democratic party on increasingly the basic attitude is whoever this class of people is
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that crawled into our elite institutions is just dead like there's nothing anthony fauci could say
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at this moment that i want to hear it's not that i don't think that he doesn't know virology or
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epidemiology i know i can't trust him because of the way in which he looked into my eyes and then you
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know when stephen colbert is dancing with syringes singing the vaccine song and ariana grande you know is
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in a super highly produced number from like hairspray but converted to vaccines uh with a giant picture
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of anthony fauci and everybody's celebrating like it's a mayday celebration um i get it i live in a
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completely fake world me off and on over the past year or so i wonder why
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so in that race who knows what the wind margin was
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0.7 i believe i think it's 0.7 you think it's 0.6 something like that less than one point
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well what we've learned to do so this is not in the report i've given you but what we have learned
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to do mainly over the last few months we have learned to calculate for any given election
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what the numbers would have been if google had stayed out so what you're seeing
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in the newspapers and on the internet and on tv is you're seeing the numbers with google interfering
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in the election what happens if google didn't we know how to calculate now calculate that precisely
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so in that race let's see i think it was hobbs who won right by a small margin if i'm not mistaken
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carrie lake would have won hands down absolutely guaranteed if you took google out of that picture
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ultimately remember the math we need 10 republican senators to vote against impeaching ken paxton
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10 republican senators to vote against impeaching ken paxton and if they do then he is not impeached
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now that being said any pretrial motion needs a majority of the vote to pass so there's different
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standards that are used for true promotions than for impeaching him right the motions that ken
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paxton's team brought forth were motions to dismiss the articles of impeachment and some were whole hog
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and some were on specificity specifically to one article or another and there's a couple groups of
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senators that we're clearly seeing here the good news is uh that there are eight republican senators who
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pretty darn consistently voted to dismiss this sham impeachment that ken paxton has been
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put through and that the people of texas are being put through that the voters of texas are being
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put through eight senators and those senators are to be commended that's senator brandon creighton
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lois kulkors bob hall donna campbell paul bettencourt tam parker charles perry and charles
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schwartner charles perry and charles schwartner broke a couple times but for the most part were pretty
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consistent also then senator hughes i believe voted to dismiss one of the charges and senator kevin
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sparks from midland voted on two of the charges but other than those two votes senator sparks was
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with the democrat caucus the entire time as was senator hughes and the rest of the senators unnamed
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if you heard a republican senator not named then you can know that they voted with the democrat caucus
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basically against these motions to dismiss consistently every single time i will say this
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i will commend lieutenant governor dan patrick who's conducting the trial very well and fairly
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he did make a ruling that was i think very important for people who actually respect this process which is
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that ken paxton cannot be compelled to testify he basically said the accusations being made by the house
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prosecutors are criminal in nature and kind of in line the senate has taken this up at a criminal level
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they've said in order to convict them on any of these articles it needs to be beyond a reasonable
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doubt so they have put these kind of criminal level uh proceedings together right and pursuant to that
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and in accordance with that ken paxton could not be compelled to testify but that was within dan
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patrick's discretion as the judge in this trial to to make a ruling and i believe he not only did he do
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the right thing but he's also showing that he does want to conduct this trial in a way that everyone
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sees as fair as fair and impartial as possible ultimately again this is a political trial
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so uh this is this is not an impartial jury many of these jurors are very close and also they all
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have their own political ambitions and some of their largest donors i mean texans for lawsuit reform
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largest donor of many of these senators that were voting against ken paxton today uh have come out and
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told these senators do not vote to dismiss right so just realize that a lot of the senators that were
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voting against the motions to dismiss were told by their largest donor very publicly and clearly
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you need to not vote to dismiss these motions so there's a lot of pressure and that's why texans are
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speaking out and participating in this process as well because we think that we deserve just the
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same voice that all these other powerful lobbyists deserve i i understand and i think we've all come to
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really appreciate the legal strategy behind jack smith's um narrow indictment of of trump and only trump
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do you are you surprised that there hasn't been more um state level action on the fraud because these
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are obviously the citizens of their states that have checked the boxes either wittingly or unwittingly
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and are being billed every month um you know i mean the evidence developed by the committee made clear
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that they were not particularly transparent in their legal defense fundraising
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yeah i i think part of the problem here for prosecutors is our democracy has been so hollowed
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out by the misinformation and the plethora of lies that are being told that so many jurors would say
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well they all lie why is this guy going to jail for lying all politicians lie the cynicism has gotten so
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serious that it is unfortunately a truth that many jurors would probably balk at convicting some of
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these people for lying because they've been convinced that this is something that everybody does if they're
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in politics i have traveled the country and spoken to so many americans they're disillusioned with house
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republicans right now they think that we have not put up a substantial battle to defeat the worst
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elements of this biden administration i worked very hard in january to develop a toolkit for us to be
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able to reorient the house of representatives in a productive and positive way i don't believe we've
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used those tools and as effectively as we should have and uh when we get back to washington in the
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coming weeks we have got to seize the initiative that means forcing votes on impeachment and if kevin
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mccarthy stands in our way uh he may not have the job long so let's hope that uh he works with us not
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against us but we've got contingency plans in in the event that uh that he's not as productive man i'm so
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glad to hear you say that because it just frustrates me and and we give platform to a lot of folks out
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there house freedom caucus guys everybody but we hear mccarthy out there saying well we haven't he hasn't
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done anything if i doesn't anything yet to reach the level of impeachment or or we're working on it
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you know enough of that we've got you guys clearly have enough evidence we've all seen it we've heard
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it it's time to do something about it and i think the voters are really getting frustrated
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the concept that they were living in an orchestrated truman show
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that they did not understand they're not going to have the idea of like oh sure the vaccines were a
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little bit more dangerous than claimed and maybe a little bit less effective and maybe we knew a
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little bit more about the lab leak no way you spat directly in my face and told me not only that it
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was raining but that i was a crazy person for thinking that you spat directly in my face and
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you piled up how many nobel laureates to defend uh the idea that any inquiry into the origin of this
00:10:27.840
virus was racism it's like you're dead to me and i think that that's what people are not
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understanding in the democratic party on increasingly the basic attitude is whoever
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this class of people is that crawled into our elite institutions is just dead like there's nothing
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anthony fauci could say at this moment that i want to hear it's not that i don't think that he doesn't
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know virology or epidemiology i know i can't trust him because of the way in which he looked into my eyes
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and then you know when stephen colbert is dancing with syringes singing the vaccine song and ariana
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grande you know is in a super highly produced number from like hairspray but converted to vaccines
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uh with a giant picture of anthony fauci and everybody's celebrating like it's a mayday celebration
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tuesday five september the year of our lord 2023 this is the late afternoon early evening show of
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the war room and man did we return to school and to work with a bang today this is information
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warfare to the ninth we bookended that long cold open with dr eric weinstein on a new podcast
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we're gonna try to play some additional clips from that hopefully tomorrow when we cut them
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uh talking about the truman show talking about the fakeness of our institutions the scum that crawled
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in there and lied and hear claire mccaskill well how can you prosecute any of these because people
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are just going to say they all lie no you lie msnbc lies the uniparty lies they lie to the people in
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this country and treat them like idiots treat them like morons and finally the people in this country
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have had enough of it and they're standing up you're seeing that play across the entire country
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in many different verticals this right now is on fire this is not about the election of 2024 this is
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about the here and now this is about standing them up calling them out and taking the action necessary
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so that everybody understands how phony they are uh and quite frankly how dangerous they are
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matt gates right there uh letting it out what he's been working on and remember gates is kind of the
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the uh the quarterback on all this uh this is why they're coming after matt gates with the phony
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ethics charge because matt gates is talking about right there and of course comor today says we're
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going to subpoena this we're going to stop the subpoenas you don't need to subpoena what you need to
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do is move immediately to impeachment we don't need to deal with my york issue we don't need to deal
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with ray go right to biden there's plenty of information there's a thousand times more information
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about biden selling out the country for money to ukraine and to the chinese communist party
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one thousand times more than both impeachments of president trump man up stand up and move on
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offense offense offense offense and of course today the underlying thing that's out there
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is the lies they've told you about the finances of the united states the lies they've told you about
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the economy are all becoming clear because the number is two trillion plus a deficit at two trillion
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plus on midnight of the 30th of september and it's something they can't run away from they can't hide
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from okay we're going to break it all down for you today we got two hours here in our afternoon and
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evening show we're going to get into this and much much more oh by the way right before i go to break
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the leading paper in the hawaiian islands from honolulu says today there are 1200 children missing
00:14:21.540
and unaccounted for in maui short commercial break we're going to be back to the war room in just a
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moment everything's just beginning but the games you want to play bring it on and now we'll fight to
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the end just watch and see it's all started everything's begun and you are over because
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we're taking down the ccp spread the word all through hong kong we will fight till they're all gone
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we rejoice when there's no more let's take down the ccp as central banks and countries like china
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india australia begin transitioning to a digital currency the federal reserve has been contemplating
00:15:07.780
the same for the united states of america with a digital currency the government could track
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every single purchase you make officials could even prohibit you from purchasing certain products
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or even easily freeze or seize part or all of your money these are some of the reasons concerned
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are there matters to help mr paul surprised and disappointed yes all right during the time from
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july the 22nd from then on after his assurance that he would have nothing more to do mr paul
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did you become aware that his contacts with mr paul had become even more frequent i did
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did you become aware that those contacts that were much more frequent also touched a broader
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variety of activities i did and just charity yes
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at this time uh your honor i will move to introduce uh what my number was i don't have it here
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the number of the last exhibit is that number 87 exhibit 87 admit it
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we we object first off hearsay your honor second off it's clearly he's he even expressed concern
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for the attorney general that was his client this talks about communications between client
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and lawyer this is a privilege issue square in a way
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okay let me have it uh and we'll come back to that we just need split screen for a second just bring
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that in uh you're watching history down in the great state of texas the first time so i think 1917 when
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they had a populist governor down there they impeached uh the trial they've started the trial of ken paxton
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now remember this is not about ken paxton this is about you this is about the grassroots
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because we have to not that we choose to have a multi-front war we have to
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part of this war both at the state level and at the federal level is this lethal combination
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of radical democrats and uh in establishment republicans what is referred to as the uni party
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backed by a donor class that really is not separated by all that much
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the donor class supports the democrats and as a big donor class supports the
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republicans and those big donors are not separated by that much you ever wonder why there's not
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big tax increases for larry fink and for all these guys when the democrats are there because everything
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you see down at the aoc and all that's all performative that's all performative the wealthiest
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people in the country support uh the democratic party the democratic party has a has a uh a backing of
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the wealthiest globalist in this uh in this nation and uh they have very few working class people
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anymore very few workers a lot of poor that are dependent upon the government they want to become
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more dependent upon the government of course a strong cadre of absolute radicals that want to tear
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apart the social fabric and the uh the society of this republic that is based upon the tenets of the
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judeo-christian west what you're seeing at every level in georgia um this fight uh over fanny
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fanny willis fanny willis partnered with kemp and kemp is the georgia representative of the bush
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junta uh in texas right there you're seeing a trial going on right now they're going to sit for
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six weeks if we allow them if the pressure if the unrelenting pressure of the grassroots in texas
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the hard-working folks in texas the maga movement in texas i would argue maybe the greatest of all
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maga states you know ohio and florida i'd have to toss in there but i think texas could could make a
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claim a first among equals except for its political class particularly in the house where you have a
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bunch of radical democrats teamed up with people that run as republicans but essentially democrats
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ken paxton's on trial for one reason ken paxton's on trial because he's been a supporter of the trump
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movement he moved immediately to contest the 2020 election and really led the charge at the state
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level because as ken paxton said when we had him on here and i think we had him on as our first guest
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after uh the inauguration of the illegitimate joe biden i think ken paxton said where the biden
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regime is uh is uh within the bounds of the constitution we'll have no problem where they
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outside the constitution i'll contest he said that the very first day and he was one of the leaders in
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that he's one of the backers of president trump he's also had the mortal sin to the bush family of
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ending the political career of the golden child george p bush remember this is the guy they sent
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over to like 30 days this is uh the bush has pulled a stunt with george p the golden child that joe biden
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did with hunter joe biden gun decked to get hunter into the into the navy right as an officer as a drug
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addict and an officer i think he lasted 30 days uh the the bushes did the same thing with george p the
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mortal sin of ken paxton to the bush apparatus was that ken paxton crushed george p bush in the primary
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why did he crush him because he had the endorsement of donald j trump remember these people would rather
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see and i include the murdochs the donors the bush apparatus all of them would rather see rather see
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joe biden get a second term or better than that they'd rather have gavin newsom get in there or
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they'll take michelle obama don't don't don't don't think they wouldn't anything but trump and why is
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that because president trump put you in the room and put you at the head of the table because he had
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the back of the american people that's his mortal sin and that's why he must go to prison for 600
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years that's why donald j trump one of the most successful presidents we've ever had in his first
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term must die in prison i want you to fully embrace that and understanding that's not working they're
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trying everything else just want to say the war to the knife they're going to come up with everything
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got the 14th amendment they understand they have no constitutional basis in the 14th amendment oh
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just some judge thinks oh yeah you're an insurgent you're an insurrectionist you're a domestic terrorist
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somebody just somebody thinks that then they can take you off a ballot in the state what kind of chaos
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would that prove totally unconstitutional but that's not it they're going to get the ball rolling and this
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was all money coming out of leonard leo's group the federal society think about it for a second
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and the whole big lie because these are all things i'm trying to put it to get your attention
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at comer comer today oh subpoena so big we subpoenaed that i subpoenaed this i got this i subpoenaed this
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let me give another subpoena kevin mccarthy oh well you know we really got to think about
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the impeachment matt gage just called it out right there the big news is they bald-faced
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lied to you on the thing that matters and that's money washington dc is about money and power
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let me repeat that washington dc is about money and power and right now they have a system that
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works for them the the the legislative side executive branch pushed forth this nonsense the
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legislative side agrees to it signs off on it that has massive deficits but they lie to you in that
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process they say oh it's going to be i don't know trillion dollars we said no no it's not going to be
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a trillion i think it pencils out to at least two trillion a train i have to two trillion guess what
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it comes into two trillion and now the interest expense is exploding why because the spending's
00:24:57.160
but no they have think about the ultimate con think about this for a second if you set this system
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up and went in and pitched it as a business proposition people look at you and go are you
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nuts here's the proposition that we can just spend as much as we want you know over and above tax
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revenues all this we can spend as much as we want and you have a you have a little machine off to the
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side it just continues to crank out and uh if you create bonds and create things that they fund the
00:25:31.400
government if you can't get enough buyers for that you will just buy it ourselves we'll just create the
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bond and buy it ourselves printing money let's print money and we'll just continue on it well
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eventually the purchasing power of that fiat currency starts to decline starts to decline
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i think it's been a 17 percent drop since the illegitimate biden regime came in and that's
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why the global south that has the resources the oil the gas the tin the rubber all the mining
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resources they sat there and go hey how about this why don't we try why don't we try something else
00:26:06.380
maybe we don't do that maybe we get off your fiat currency maybe we figure out how to trade amongst
00:26:11.240
ourselves maybe we try to do it regionally maybe try to do it on oil in fact well let's start
00:26:15.120
let's get off the petrodollar let's just will you take my rupees with all the currency risk you got
00:26:20.100
rupees why don't you take my rupees take my rupees and i'll buy a million barrels from you uae are
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supposed to be the united states great ally with india supposed to be our other great ally that's the
00:26:32.280
first big trade because they're lying to you and they just will kevin mccarthy on tv he's thinking
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he's great thoughts and says no no no no we don't want to do it now don't do it now we have a long-term
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thing we can get the long-term thing we do that you know we can do it in the fall or even better
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we can get it we can get a cr and then we can get an omnibus and we get it all done all wrapped up
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nice for the holidays and maybe we'll talk about the long term next year that's what we'll talk about
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hey how about this kevin mccarthy's big fat cat donors republican party how about we propose at
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the worm a massive tax increase on everybody that gives kevin mccarthy money because this is why i cut
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the deal with by let's just let's lay the cards on the table the reason they gave biden a two-year
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deal the reason when we had biden by the throat and we let him go is because the donor said no no
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no no no no no no no if you if you do that one-year deal come the start of the election next year
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and in may the deficit is going to be bigger because we can do the math because we're wall
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street guys and then people are going to be looking around the room and saying hey we we can't sell the
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bonds can't do that maybe we have to increase taxes on the wealthy so kevin mccarthy you're
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going to play these games let's call out the wealthy donors of kevin mccarthy and the wealthy
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donors of the democrats in fact let's just i'll just randomly let's go to the forbes 400 and let's
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see let's pick the two or three guys are not maga they're a maga let's get them off the list and the
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other 397 let's tax them let's just start hey if you're gonna screw future generations and lie and
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lie and lie how about payback how about throwing a little something into the kitty how about toss a
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little something in how about that short break back in a moment we will fight till they're all gone
00:28:20.160
we rejoice when there's no more let's take down the ccp do you ever get the feeling that something
00:28:28.060
bad is about to happen soon well i do between the distractions and the shiny toys and the smoke
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screens put up in the media you probably won't see it coming that's why it's smart to invest in
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that's preparewithbannon.com immerse yourself in information do it today and do it with the
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leader my patriot supply your host stephen k bannon
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i have traveled the country and spoken to so many americans they're disillusioned with house
00:29:47.940
republicans right now they think that we have not put up a substantial battle to defeat the worst
00:29:53.940
elements of this biden administration i worked very hard in january to develop a toolkit for us to be able
00:30:01.480
to reorient the house of representatives in a productive and positive way i don't believe we've
00:30:07.340
used those tools and as effectively as we should have and uh when we get back to washington in the
00:30:13.240
coming weeks we have got to seize the initiative that means forcing votes on impeachment and if kevin
00:30:19.860
mccarthy stands in our way uh he may not have the job long so let's hope that uh he works with us not
00:30:25.740
against us but we've got contingency plans in in the event that uh that he's not as productive man i'm
00:30:31.540
so glad to hear you say that because it just frustrates me and and we give platform to a lot
00:30:36.720
of folks out there house freedom caucus guys everybody but we hear mccarthy out there saying
00:30:41.140
well we haven't he hasn't done anything if i doesn't have anything yet to reach the level of
00:30:44.800
impeachment or or we're working on it you know enough of that we've got you guys clearly have
00:30:50.640
enough evidence we've all seen it we've heard it it's time to do something about it and i think
00:30:58.400
it's time to do something about it words to the wise ej and tony i want to make sure everybody
00:31:08.560
understands this ej and tony does not support any of my radical tax ideas on unsoak the rich who got us
00:31:16.840
into this situation he does not so i want to make sure it totally by the way i also want everybody
00:31:20.940
to go to birchgold.com slash ban and ask the folks at birchgold a simple direct question get all the
00:31:27.860
free information we provide in the end of the dollar empire ask them a simple question why is the federal
00:31:33.260
reserve beside printing money non-stop got the crank up printing those printing those federal reserve
00:31:38.280
notes why are they spending so much time on the central bank digital currency while the people in the
00:31:45.420
global south that control the resources are spending all their time buying gold in 2022 and 2023 at
00:31:52.500
record levels just ask them the question ask them the question let them give you the answer then i want
00:31:57.660
you to think about it that's all we ask that's all i want you to do birchgold.com slash ban and do
00:32:02.020
do that today ej and tony uh this is going to be i gotta tell you folks i thought the first day back at
00:32:10.700
the end of the summer i know everybody's got the long face the summer's over uh and it was a pretty
00:32:15.120
crazy summer but it's nothing like today today we fired off the football there's 20 different even
00:32:21.240
stories that are all signal we can't even get to today we're going to try to give you a little taste
00:32:25.360
of some of those get back into them tomorrow including the lead star if you can put this up and
00:32:30.060
was it the honolulu star the paper of record the paper of record in hawaii for the islands from oahu from
00:32:41.100
honolulu lead story 1200 kids not accounted for at the beginning of school 1200 that'd be 1200 and
00:32:51.260
they go yeah you know maybe they moved maybe they went to a different school maybe it was hey hey hey
00:32:56.600
hey hey whoa whoa whoa whoa whoa whoa and nobody checked in no parents checked in and then they
00:33:03.080
get down to the thing of the 115 that have been identified of uh the remains i think there's one
00:33:08.660
child and i think of the one the missing the 388 there's another child something like that we've got
00:33:15.220
a team all over this where are the children that are supposed to be in the maui schools we're just
00:33:20.980
asking a question because it's in the paper of record in the hawaiian islands you know people are
00:33:28.740
tired of this people are tired of the control function put down to restrict information to them
00:33:37.340
they're tired of the lies in the spin and the bald-faced lies about east palestine
00:33:45.000
they're tired of what's happening on the southern border and being lied to and now you see the
00:33:52.360
meltdown in new york city in the meltdown in chicago in the meltdown these other sanctuary in these other
00:33:59.000
sanctuary uh cities and now all the pointing fingers of biden and they're asking for federal massive federal
00:34:05.400
bailouts this is all coming to a head and that's where the poll numbers of the radical democrats continue
00:34:14.380
to drop and one of the biggest areas of drop are a hispanic and african-american men because they see
00:34:22.720
what's happening to their sons in these um in these um uh public schools where the number one uh thing is
00:34:32.920
to um to program not to educate to program not to educate and people are not having it ej and tony i want
00:34:43.140
to go back to the that and they don't want to talk about it cnbc doesn't want to talk about it you
00:34:48.180
know axios now has an afternoon edition that i sent you and guess what guess what they're now focused on
00:34:55.100
and guess what they're worried about they're worried about wow uh maybe in the old zero interest rate days
00:35:01.480
we could do this but now shazam that interest rates are up and i think there's a guy named ej and tony
00:35:08.340
that warned us about this once interest rates are up uh this two trillion dollar deficit
00:35:13.320
gosh uh i'm not so sure it's financeable oh and we got another one next year and we got another one
00:35:20.680
next year and we got another one next year yeah it's called in perpetuity they talk about sustainability
00:35:26.800
on the carbon model and they got to have sustainable sustainable food and sustainable sustainable
00:35:32.680
ecology and environment how about just the basics how about just a sustainable financial model
00:35:39.720
this is not astrophysics this is one of the things we've tried to share with you in this audience this
00:35:45.340
is why i did the end of the dollar empire this is why we have people like ej on here and bratt and
00:35:50.100
navarro and so many people uh jason trenert we're gonna have some specialists on again tomorrow we try to
00:35:56.740
get people out there because they don't want working class and middle class people to understand how the
00:36:00.700
system works because once you understand the system works you go hey yo i don't have a system like that
00:36:06.020
i've got a kind of husband in my resources right now we are on a path that unless it's radically changed
00:36:15.320
when you tuck your children in tonight understand you're tucking in debt slaves because they're going
00:36:21.220
to be slaves to a massive debt there are elites understand what's happening and are profiting off it and
00:36:28.720
that's why they want it to continue and let me say one thing about social security and medicare yes
00:36:33.520
those definitely should be looked at some point in time but first things first don't but mike pence
00:36:40.100
don't set doubling chris chrissy don't tell me about uh reform and entitlement reform cut the budget
00:36:45.040
first let me see what you need to do immediately show me you got the guts to restructure this federal
00:36:50.520
government show me the guts you've got to go in and got it take down the administrative state and start
00:36:55.740
defunding some of this madness and chris chrissy over there with your flowers you're walking around
00:36:59.880
like a big shot giving writing poems to zelinski writing new lyrics well for a van halen song
00:37:05.180
you you chump and you have no earthly idea how they're spinning you in ukraine you're sitting
00:37:11.300
there supporting ukraine we're broke we're broke we don't have money for them go to the swiss alps go
00:37:17.140
to stade let's go to the let's go to let's go to the uh south of france let's go to tuscany let's go to
00:37:24.400
let's go up to the beautiful place of europe you ever go to europe in the summer magnificent
00:37:28.620
magnificent let's go up to scandinavia norway's sitting on a 1.5 trillion dollar 1.5 trillion
00:37:35.680
dollar for a nation of 5 million and i love me some norwegians but you're sitting on a 1.5 trillion
00:37:40.580
dollar sovereign wealth fund let's go up there give me the sovereign wealth fund just kick some money
00:37:45.680
into the kitty you pay for it we've done it in world war one we did it world war ii we did it in the
00:37:51.680
cold war we bailed you out once twice three hey from actually our families getting kicked out of
00:37:58.240
there back in the 19th and 20th century or the fine three times the charm you got enough you do
00:38:03.980
it yourself this time we're broke we don't have the money and here they're going to sit there and
00:38:09.680
just spin you and look you in the eye don't touch the entitlements to you showed the first thing is
00:38:14.940
you control the budget you got the ability to do that show me the stones to shut down education
00:38:20.580
they're just a propaganda department destroying the american family destroying our children
00:38:24.760
show me no more talk no more no kevin mccarthy no i'm not going to wait till next year till we talk
00:38:31.420
about the long term term no we're going to do it today the clock's ticking brother you lied to
00:38:36.640
everybody you lied bald face lie and then massey these guys go we're going to take care of the
00:38:41.160
appropriations process the appropriation process that was a lie you've accomplished nothing zero
00:38:47.740
and now we know you have a true trade dollar deficit which we told you were going to have
00:38:52.920
you got no way to finance it and who says that not ej and tony not steve bannon but axios themselves the
00:38:59.800
mike allen's inside tip sheet for the insiders ej your thoughts sir and what we found out over the last
00:39:07.420
24 to 48 hours about the financial situation of our beloved republic sir
00:39:12.500
well steve you and i and and this audience didn't find out anything we didn't already know
00:39:18.140
it's just the elites in power the people who are allegedly in charge who found out something that
00:39:23.220
they apparently didn't know even though so many of us were telling them this is what was going to
00:39:28.540
happen and i mean it really speaks i think to to the character of the people in charge the fact that
00:39:35.580
the writing was on the wall the math was was plain as could be and that it took a willful ignorance
00:39:42.900
to not see this coming uh the axios now that it's will for ignorance but now that they finally got the
00:39:52.840
chart and they're saying oh my god how do we finance this ej just give the people at home i just want
00:39:58.740
everybody to get up to speed on what the reality and this reality is the kind of thing that can't go
00:40:03.880
away and you also can't it's you can't put the genie back in the bottle here right it's out and now it's
00:40:09.940
going to accelerate at an accelerating rate what did axios say today about they just came to the fact
00:40:15.500
of getting their number two pencils out and realize this thing does not pencil out that all of a sudden
00:40:21.280
service on the debt is going to overwhelm even the bloated defense budget sir right i mean steve we are
00:40:27.900
already at the point where if you look at the monthly statement from the fiscal service which basically
00:40:32.820
tells us everything that's going in and out of the treasury you see that uh the line items on
00:40:39.280
uh excuse me the line items of the budget the third biggest right now is interest on the debt the only
00:40:44.520
two that are bigger are the department of health and human services and the social security
00:40:48.980
administration so when you look at something like the defense budget which is broken up into
00:40:53.760
multiple line items you're absolutely right that in the coming months we are going to see interest
00:40:58.360
on the debt surpass all of those line items put together and then continue to grow larger from
00:41:04.620
there we don't actually pay off the debt and this is something that i think is really important for
00:41:09.020
the audience to understand when america has debt that comes due we simply issue new debt to cover it
00:41:16.320
the problem today is that the new debt is always being issued at whatever the current interest rate is
00:41:22.540
and today that's substantially higher than it was just a few years ago so all of that short-term debt
00:41:28.560
that janet yellen took out over the last couple of years is coming to again except now it's going to
00:41:34.200
get issued at much higher rates and that's driving both the deficit and the debt through the roof
00:41:40.000
uh ej we got about 90 seconds i want to hold you through and joe allen's going to join us a bunch of
00:41:46.380
people we're going to be rolling into the six o'clock show what they have 11 when the house gets back it
00:41:51.640
has 11 days what would you propose would be a couple of items on having an adult conversation
00:41:58.200
about what to do between now and september 30 when the clock strikes midnight and cinderella
00:42:03.480
has got to go home well if we're going to have an adult conversation in congress i think a
00:42:09.120
prerequisite for that is half of congress resigning because they're they're just not adults quite frankly
00:42:13.500
if but we have to deal with what we have i suppose and and in that case i think the conservatives
00:42:19.040
in congress need to put forth a plan that shows reasonable cuts immediately not in the future
00:42:26.300
not simply another cr that kicks the can down the road we need to begin the process today and if we
00:42:33.540
don't that is just another sign that we have no fiscal discipline anymore uh not just in this congress
00:42:39.420
but it frankly in the government at large hang on for one second uh ej i'm gonna hold you through
00:42:46.340
and i want everybody i'm very serious about the uh going to birch gold we got another
00:42:50.100
installment that i'm working on right now with the team we haven't gotten the charts quite ready but
00:42:55.720
it'll be out hopefully on september 15th uh but go to birch gold today get the end of the dollar empire
00:43:01.480
it's got one of the chapters of that is the debt trap get up to speed on that understand where this
00:43:07.020
is putting your country your community your family and your children and grandchildren
00:43:12.460
they will curse us if we don't take action ej and tony's absolutely correct the time to have the
00:43:21.020
adult conversation is right now go to birchgold.com slash bannon we're gonna be back in a moment
00:43:28.360
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hey ej help me out here i i want to make sure folks and this is one of the reasons
00:45:14.400
they hate the show so much because we've spent so much time showing people the way the system works
00:45:19.040
the federal reserve they're kind of like alchemist you know the if you look at it if you look at it
00:45:25.500
looks like a uh it looks like a uh something that was built by um um by albert speer looks like
00:45:33.960
something like from the reichstag right and they call it the temple the great book on it i think by
00:45:38.620
greider was was called the temple but it's like alchemy this they they conjure up this money they just
00:45:44.460
printed they conjure up this money it just comes out of nowhere that's what's being the prime reserve
00:45:48.640
currency is you can just do it because the rest of the world's got a trade in it but it
00:45:52.840
if you don't take care of your fiscal house and monetary policy it comes back to haunt you does
00:46:01.280
it not sir well a hundred percent that's exactly what we've seen the last couple of years people
00:46:06.700
are losing faith in the dollar both at home and abroad and that's causing people to abandon it as
00:46:12.220
you have highlighted so many times steve uh with with the brics nations and others who are trying to
00:46:17.900
move away from the dollar and to other currencies or even just commodities almost like a barter system
00:46:23.120
and this is where we have to understand that all of these policies have consequences and they are
00:46:28.940
frankly all negative you know whenever the government spends a dollar we have to look at that as the tax
00:46:35.200
it's not simply government taxation that's the explicit tax but every dollar that the government spends has
00:46:41.640
to be taken from you either implicitly through inflation or explicitly through a tax and just to
00:46:47.400
give the audience a perspective of how high the implicit uh taxation of inflation has gotten today
00:46:54.200
last month the average american worker was paying more on his hourly wages in inflation than he was in
00:47:02.780
federal income taxes so under joe biden and we have seen the uh the effective if you want to call it
00:47:08.800
this the effective federal income tax rate essentially double on the american worker and why is that it's
00:47:15.260
because we have trillions of dollars after trillions of dollars of blowout spending bills
00:47:20.140
ej i just want to make sure i i hear you correctly you you are saying now for the good of the nation
00:47:28.900
that we have to have a confrontation now about this spending that that that those uh sensible common
00:47:35.980
nonsense republicans have to just say no more this can't happen we got to go at we have to have
00:47:41.240
meaningful cuts now no more happy talk about we're going to get in appropriations we'll get them next
00:47:45.880
time this thing is clearly spun out of control they lied about it from the beginning now we see what the
00:47:51.680
numbers are you're you are of the position we have to take a hard line because here's what the
00:47:55.680
donors say in the background no no no no no no the economy is about to collapse and if you do this
00:48:00.040
you're gonna get blamed if you force biden to shut down his regime there the the hardliners are
00:48:04.840
going to get blamed for it does that does that hold any water to you sir no because the the first
00:48:10.280
time we had the federal reserve and really the federal government at large used that playbook was
00:48:15.680
1929 the start of the great depression and instead of allowing uh bad investments for example to be
00:48:22.300
liquidated in other words to be sold off to satisfy creditors instead the government especially the
00:48:27.600
federal reserve kept stepping in to backstop everything and to bail out bad actors and that made it
00:48:34.360
impossible to reallocate resources from bad to good investments and that was a key element to
00:48:41.000
kick-starting the great depression it wasn't the only thing but it was a key without that you would not
00:48:46.040
have had that horrific decade and a half of lost economic growth and frankly we are doing something
00:48:51.800
very very similar if not the same thing today look at what we just did in march uh with the bank crisis
00:48:57.640
for example we bailed out bad actors yet again same thing we did in 2008 we've never really recovered
00:49:05.560
from 2008 the closest was during president trump's administration ej where do people uh get to you
00:49:11.720
particularly on social media you're putting up stuff all the time that's that's very important
00:49:15.160
particularly in the next couple weeks where there's going to be a firefight over this best place to
00:49:20.580
find me is going to be on twitter at real ej and tony
00:49:23.460
ej thank you so much brother appreciate it uh i think it's time now i think it's time now to go to
00:49:32.740
my patriot supply go to my patriot supply if you've never thought first off you just get ahead the
00:49:38.320
inflation curve here by uh buying their long-term uh products but more importantly get one of the
00:49:44.080
consultants on the phone what we try to do here is immerse you in information get them on the phone
00:49:48.320
and say hey i've never really thought about this preparedness i've never really thought about this
00:49:52.760
self-reliance movement it's not really my thing uh but i kind of see the way that the elites are
00:49:59.140
running this country and you know can you give me some advice just do it today go to my patriot
00:50:03.480
supply they got the great team over there joe reek and the guys uh the men and women that run it uh
00:50:08.660
they got great consultants just go on their site check in just check it all out just go to my
00:50:13.240
patriot supply because you're being lied to you're being lied to by on such a fundamental basic level
00:50:22.100
and now they're talking about you know jill biden dr jill biden's got covid they're talking about the
00:50:27.260
mass mandates they eviscerated uh fauci the other day this is all coming back on the 15th surprise
00:50:33.120
surprise who would have ever thought it they're going to drop in a couple of new vaccines they're
00:50:37.160
going to get into this you're going to see the big push you already had governors come out say over
00:50:40.920
my dead body we're not going down this path again but they're going to play everything to dr eric
00:50:45.940
weinstein the great mathematician from harvard was talking about uh these creeps that crawled inside
00:50:51.140
of our institutions they're going to all come back with it they're all going to be up on your grill
00:50:55.440
in this in the most fundamental way they looked you in the eye and they lied to you about where we
00:51:02.780
were financially in the country and here's the thing the business press cnbc bloomberg the financial
00:51:09.980
times of london the wall street journal the business section of the new york times and the
00:51:14.740
washington post all of it they played along with biden he was making huge cuts on deficit every
00:51:19.540
time he comes with this nonsense they're coming out of the pandemic he's making huge cuts all the lies
00:51:23.940
they gave you it's all a lie the fiscal year deficit of which we told you about when they made the deal
00:51:31.380
is going to be two trillion dollars or north and now with the interest rates where they are and
00:51:36.240
they're going to have to go higher they're going to have to go higher it's exploding what do you i
00:51:41.080
saw the day the average on the credit cards is 27 did i see that the mortgages are at rates
00:51:45.600
haven't seen in 30 or 40 years your your life is you're getting a lockdown right now you're getting
00:51:52.560
a financial lockdown why because the people in charge are making money and they're burying you
00:51:57.960
they're making it on your nickel and the people that are supposed to represent you lie to you
00:52:02.940
not the 70 that voted against it not the 20 not matt gates in the six this is why gates has got a
00:52:09.100
plan they're gonna be throwing out all kind of shiny toys oh we can't shut down the government we can't
00:52:12.380
allow the regime to shut down because we got to investigate all lies all shiny toys the time to deal
00:52:19.040
with this is now we cannot kick the can down the road when i mean cuts not the happy talk 12 billion
00:52:25.320
and we're going to have stern and others on here tomorrow to go through go through the math with you
00:52:29.900
to go through the math with you to treat you like an adult because that's what we do here in this
00:52:35.280
show we have enough respect for the audience that we're not going to sit there and happy talk you
00:52:40.360
about our financial situation because it's dire and it's dire because the elites in this country
00:52:48.320
are not managed to climb outright destruction of this republic right now short commercial break we're
00:52:55.700
back for the second hour and it will be loaded see you back here in a moment in the war room
00:53:00.860
for war room veterans you know we have been all over the supply chain issue with china and medications
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jace case today action action action folks let me tell you about salty it's a company that makes a soft
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gel supplement rich in antioxidants to help people like you and me keep a healthy heart while covid gets
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all the headlines it's important to realize that heart disease kills nearly 700 000 americans every
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year yes heart disease is the number one killer every year year in and year out heart disease builds over
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time hypertension high blood pressure bad cholesterol diabetes all of it affects our heart a healthy heart
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is key to being energetic as we get older it is never too early to take care of your heart
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you see heart disease sneaks up on us you can start in your 30s and when this happens you're at serious
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tricks by the time you turn 60 if you want to take care of your heart and those you care about please
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go to warroomhealth.com that's warroomhealth.com all one word warroomhealth.com use the code warroom at
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checkout to save 67 of your first shipment that's code warroom at checkout to save 67 and do it again
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warroomhealth all one word warroomhealth.com go there today you need if you're going to be part of
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the posse you need a strong heart you need a lion's heart how we're going to do that is with salty