In this episode, we discuss the impact of the debt ceiling being raised, the impact on the economy, and how the Supreme Court will rule on the matter. We also talk about the impact the government shutdown is having on our economy and the impact it will have on our debt ceiling.
00:00:10.440You know, he would have done it if we were in shutdown or not.
00:00:13.520I firmly believe it's the right decision to keep government open, to make sure our military is still paid, our border agents are still paid.
00:00:21.420And if that makes a challenge based upon whether I should be.
00:00:24.320This is the same type of pablum you've heard.
00:00:27.280You're hearing it on the Murdoch News constantly.
00:00:30.680Same thing, same lies and misrepresentations you heard on the debt ceiling.
00:00:35.480I think Natalie was great about calling out graves, you know, Cosmo man.
00:00:53.480I just want everybody to understand, if you're going to, this is the legal, we have the Trump and the political aspect of taking down the administrative and deep state.
00:01:08.420They're training right now, selecting and curating the 3,000 non-senate-confirmed government political appointees that we'll put in immediately upon winning the second term.
00:01:23.600But then you've got another aspect, and that's going to take down the administrative state or begin the process with what Schedule F or whatever it is.
00:01:32.200All these different aspects we have of this, and policies, and executive orders, which I love the one that we're going to rescind.
00:01:52.440But the other aspect and vital is, and this was the entire focus of the justices that President Trump selected, to deconstruct the administrative state, with Judge Gorsuch being the intellectual leader of that.
00:02:08.020Once again, when is that going to be argued?
00:02:10.780Do we have right now, is that scheduled already?
00:02:12.600Do we have any sense of when the Chevron deference is going to be argued?
00:02:17.520It's not scheduled yet, but I presume it will come up soon, maybe in the November sitting.
00:02:23.940But I would say this, that this is what President Trump was able to accomplish in his first term is so consequential.
00:02:31.400He transformed the 5-4 left of center court to the 5-4 Clarence Thomas court.
00:02:38.540And they are going to start to do something that the Supreme Court has really not done in the last 90 years, when that is to roll back the federal government's power and put the federal government back into its place under the Constitution and make sure that that federal government that's back into its place under the Constitution is divided up.
00:03:00.620Where the legislative power remains with Congress, the executive power belongs to the president and the judicial power belongs to the Supreme Court and the lower federal courts.
00:03:09.320And we can no longer have a government where we have the Tony Fauci's of the world who have way too much power.
00:03:17.460There are these unelected sub-cabinet bureaucrats who are not accountable to the president.
00:03:23.400They're not accountable to the American people.
00:03:28.940I think there are like over 2 million executive branch employees and only like 2,000 political appointees who are supposed to manage 2 million.
00:04:33.860Those are all the consultants to government agencies.
00:04:35.880So the federal workforce is actually about 18 million people.
00:04:40.280And you've got 3,000 that are supposed to control that.
00:04:42.880My point – we're making a two-prong approach.
00:04:46.060The third prong is to choke it off from money.
00:04:48.960So the fight over this budget to shut down the administrative state.
00:04:53.660President Trump, what they're doing on the executive side to train people and have a cadre ready to go to go in there and start to deconstruct it policy-wise and by getting rid of people.
00:05:02.200And then Mike Davis and this team, led by Gorsuch, this genius, that are coming at it from a judicial aspect.
00:05:09.220This is the way – so when people talk about limited government and these people, oh, I'm for limited government.
00:05:13.780You're not for limited government unless you're in this fight.
00:05:17.380If you're not, you're just taking up space.
00:05:20.680This is an all-out war against the administrative state, an all-out war for the Leviathan that has helped destroy this country,
00:05:28.120that the framers in a million years never had any intention of allowing to happen.
00:05:33.260Mike Davis, how do people – you have been at the forefront of so many things, but this one is your wheelhouse because of your association with Justice Gorsuch and the great work he did.
00:05:48.000How do people find out more about the work you're doing, particularly about big tech and all the fights you're fighting every day pre-your attorney generalship or your White House counsel?
00:05:58.480Yeah, or the Viceroy of D.C. where I'm going to clean up the crime overnight, so I can't figure out which one I'm going to do first.
00:08:11.000What does it take, Steve, for you and I to get through to these idiots on Capitol Hill that as – just before our eyes, Steve, our entire economy and financial system is disintegrating?
00:08:28.640I mean, look, now we have – we had an inverted yield curve, right?
00:08:33.000The Fed was raising interest rates at the short end, short-term rates, zoomed past 5 percent, but the long-term bond stays low, meaning we're going to have nothing but recession.
00:08:45.320But what – you and I have been talking about, what, stagflation, right, forever.
00:08:49.600And now up goes the long bond as well.
00:08:53.060So we got the short end and the long end all above 5 percent now, just about.
00:08:58.040So – and meanwhile, McCarthy's debt, and it's his debt now, it's not just Joe Biden's, it's Kevin McCarthy's debt, is going to go from $33 trillion this year to $52 trillion in 10 years.
00:09:14.820We're already spending $2 billion a day on interest payments, and it's just cascading and skyrocketing.
00:09:23.180You got the stock market going down and the bond market going down.
00:10:14.480It's like we're going to spend so much money just paying off our debt that there's going to be no money left for anything, no roads, no bridges, no national events, no education, no friggin' nothing.
00:10:28.640What do we have to do, Steve, to get through to Kevin friggin' McCarthy?
00:10:33.080The only thing that jerk wants to do is stay in power to the point where he's, like, laying down with the dogs on the Democrat side who got us into this to begin with.
00:10:45.340This is – what do we got to do, Steve?
00:12:12.040When you see Jamie Dimon actually saying this thing could go to seven, the refinancing of this – because it's going to get out of the Fed saying the refinancing of this is these higher rates are going to – the interest payments alone.
00:12:25.840Just like the interest payments are going to go from – I think 700 – now, I've said it first.
00:12:29.360I think it's over a trillion dollars because you're going to see drop in tax revenue again.
00:12:56.620And the only thing that can happen, really, is for them to inflate the debt, to monetize the debt, to print so much frigging money that it's just – it's like going to be hyperinflation.
00:16:30.540Okay, to make sure you're totally up to speed on this, go to BirchGold.com slash Bannon to get all the updates on the end of the dollar empire.
00:16:40.500And particularly the new segment four is out about how we got off the gold standard, which will shock you.
00:16:46.840You'll see what happened to our prosperity after that.
00:16:48.920And then if you look at particularly your prosperity, your prosperity.
00:16:54.640And the third installment is the debt trap.
00:16:57.080Make sure you understand that so you can understand the nomenclature and what we're talking about structurally on this massive fight we're having to save this republic.
00:19:41.120Have any of the investigative committees done anything more than we've given them and produced for them on the laptop from hell?
00:19:46.960And what and what Natalie Winters has done, except for the fact they finally went over to the Treasury Department and looked at the receipts, but they haven't moved this one inch.
00:19:57.380McCarthy's people have not allowed any subpoenas to go out.
00:20:03.380I remember they passed H.R. 2, but even in their CR, they took out E-Verify.
00:20:07.980Is there any bigger tell that that's performative, the whole thing's performative, and they take out E-Verify, which is the guts of it, to stop the magnet of illegal aliens coming here and being employed by the Chamber of Commerce companies?
00:20:23.580Today's the day you can lance the boil.
00:20:25.520Now, they're going to try every parliamentary procedure, and your heroes, the six that stood in the breach and others, they're going to get trashed up and down.
00:20:36.100Oh, you're anti-Ukraine, you don't do this, you're all terrible.
00:20:41.620You can't take the administrative state, this leviathan, has driven this country into the ground.
00:20:48.620As Natalie Winters says so eloquently, we're not in managed decline anymore, we're in accelerated decline.
00:20:55.260And they're grabbing with both hands on the way down.
00:20:59.380Some schmendrick Jim Moran, which is some schmendrick Democrats making $25,000 a month.
00:21:04.820And that's just a small, that's just tip money.
00:21:06.420But he's making $25,000 a month, which is, I think, 2x what he made as a congressman, as from some shady Ukraine thing.
00:21:12.560And there's thousands of these things going on all the time.
00:21:26.800The way this republic got into this, got into this shape, is you don't have the Lindells and the Navarros and the Trumps laying gloves on them every day.
00:22:29.840You see, whether it's people saying the rosary at abortion centers or Peter Navarro, what is Peter Navarro's crime?
00:22:38.020That he stood up for the American people, that he was the biggest proponent in the White House and fought with President Trump to secure and seal the southern border from an invasion?
00:22:46.040That he fought to bring manufacturing jobs back from the Chinese Communist Party?
00:27:23.020They can come for every one of you in the posse.
00:27:25.140So, peternavarro, they're coming because they're coming for the hobbits.
00:27:31.740They don't want – they are offended.
00:27:34.440They're personally offended that you have a role in this, that you had – that Trump put you in the room and put you at the head of the table.
00:27:41.100And that you're in the creditor's committee, they detest it because, let me be blunt, they hate your guts.
00:27:49.600They can give you all the happy talk in the world.
00:27:50.960They hate the mere concept of your existence.
00:27:57.900You're there to just work, be the cog in the machine, pay your taxes, let your pension funds go against your own interests to go everywhere in the world and build those countries and to gut the United States of America.
00:28:11.900Oh, but we need your sons and daughters to go to foreign battlefields.
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00:32:36.460There's plenty of good, Ralph Norman said he's a no.
00:32:38.740We're a big fan of Ralph for cutting the budget, but Congressman Norman, a no today means that, quite frankly, you accept the debt deal and you accept where we're going.
00:33:42.180Then these audits against my home reps, these withholding tax audits in four different states to try and make these home moms and dads working from home that work off commission for MyPillow.
00:33:54.120So they're trying to take that from them.
00:33:57.040And they're not doing it to Amazon or all these other call centers.
00:45:27.820So we represent the pool, all the networks, your message on this motion to vacate vote coming up at 2?
00:45:34.460All I would add is that clearly somebody's been lied to because we heard the president come out and say there was a deal with the speaker on Ukraine,
00:45:42.480and the speaker just stood up in front of all of us and said that there's no deal on Ukraine.
00:45:47.700The House Democrats say there's a deal on Ukraine.
00:45:50.300So we're going to have to sort that out.
00:45:52.540We're going to have to sort out who's lying because somebody's lying about whether or not, as in this CR negotiation,
00:45:58.700there was a secret side deal on Ukraine funding.
00:46:53.680And I think that's really what we're forced to reckon with right now, Steve.
00:46:57.120They don't care when our husbands and wives and fathers and sons and daughters are killed in foreign battlefields for wars that don't matter.
00:47:03.920They don't care that they're sending our taxpayer dollars hundreds and thousands of miles away from us to fund conflicts that really don't matter.
00:47:10.800They'll tweet about the southern border, but they won't actually do anything.
00:47:14.200And I think for so long, they viewed us just as, you know, cannon fodder for this globalist political agenda, right?
00:47:20.060The uniparty, that's what they champion.
00:47:21.820But I think they're actually scared of us now because we're actually rising up and we're fighting back.
00:47:34.640I think there hasn't been a force like the war room posse to push back.
00:47:37.920That's why it's so important to call your representatives.
00:47:41.360Don't follow me on Twitter when I give you my social media coordinates.
00:47:44.120Go and pile in to Kevin McCarthy and all of his lackeys, you know, expressing their support for him.
00:47:49.460Because these people are just, they are not usually held to account.
00:47:53.360That's why I think accountability is so elusive in D.C. because they don't actually know what accountability looks like because they never had to face it.
00:48:00.460And I would humbly push back on your claim that D.C. has nice boutiques.
00:49:13.680Great, great reporting, great content.
00:49:15.240And listen, Natalie's point is that we wouldn't be here if it was not for you.
00:49:19.520You're the ones that have driven this.
00:49:21.540They don't just have a bunch of sheeple anymore.
00:49:25.200They actually have people that are armed with information and have had a belly full of it, have supported this for a long time, are just sick and tired of it.
00:49:41.340They don't want to be patted on the head.
00:49:42.520But if we can get up, if Grace and Moe can put that tweet from the House Republicans, they're just patting you on the head like you're a moron.
00:50:00.740No subpoenas, no real investigations, zero, zip.
00:50:06.160The only thing that was delivered is because of this audience with Gates and that crew.
00:50:11.380The whole single subject appropriations bill is because you, they finished them because we forced them to back in July and wouldn't bring them forward.