Bannon's War Room - Episode 3177： Lack Of Moral Courage In The House

00:00:00.000 So, Jonathan O'Meara, back to the Wall Street Journal editorial page.

00:00:04.920 They've got an editorial saying, meet the new speaker, same as the old speaker.

00:00:14.220 Taken, of course, when we won't get fooled again.

00:00:16.320 Let me read this for a second, because I know it brings up the question we were all asking,

00:00:21.900 which is like, wait a second, if Kevin McCarthy had done this, he would have been kicked out as speaker.

00:00:27.220 The Wall Street Journal editorial page writes this,

00:00:30.980 Pop quiz, what's the difference between the bipartisan stopgap funding bill that passed the House Tuesday under new speaker Mike Johnson

00:00:37.340 and the September equivalent passed by former speaker Kevin McCarthy?

00:00:41.680 Answer, nothing but the self-defeating Republican drama.

00:00:46.260 So much for the claim that their goal was electing a, quote, committed conservative as speaker.

00:00:52.620 And they finish up the lack of rebellion this week from the Republican rump

00:00:56.540 is welcome.

00:00:57.320 And apparently, deposing two speakers in a few weeks was too much even for them.

00:01:02.340 But it further exposes the hollow claims the McCarthy eight made for their October exhibitionism.

00:01:11.100 And that's all it was.

00:01:13.300 It was sound, fury, and gestures signifying nothing.

00:01:18.780 But what did we say?

00:01:21.460 An attempt to get more hits on TikTok and more clicks and more $25 donations from across.

00:01:30.240 Think of, you know, committed conservative.

00:01:32.300 Oh, he's really a committed.

00:01:33.800 Oh, what? 0.86

00:01:34.620 They're not putting up with the bull**** that's going on in Washington, D.C. 0.92

00:01:39.080 They're going to get a real conservative. 0.60

00:01:40.660 And what did they do?

00:01:42.800 They got a guy that passed the bill the same way Kevin McCarthy passed the bill because,

00:01:51.220 and this is important for the grownups in the room, it was the only way to pass the bill.

00:01:58.300 Yeah, there are a few things at play here.

00:02:01.400 One is simply fatigue.

00:02:03.240 I think there was a sense that Republicans didn't want to go through another messy couple

00:02:07.620 of weeks ousting, you know, fighting over the speaker, potentially ousting a speaker,

00:02:11.960 shutting down the government.

00:02:12.940 They didn't want to do that right now.

00:02:14.840 Now, we can talk separately about the wisdom about punting that fight into an election year,

00:02:18.880 which they have now done, assuming this does pass indeed the Senate,

00:02:22.640 and then goes to the president for his signature.

00:02:24.660 Sure.

00:02:25.300 Johnson, you're right.

00:02:26.500 He just did what cost McCarthy his job.

00:02:29.260 I think there's some sense among Republicans that you've got to give Johnson some time.

00:02:32.580 He's only been on the job a couple of weeks.

00:02:33.980 He also has more MAGA credentials in some ways than McCarthy did.

00:02:38.940 You know, he, of course, was the author of some of the big lie petitions, legal petitions in 2020.

00:02:45.140 Also, with McCarthy, it was clearly very personal with Matt Gaetz and others.

00:02:48.760 That's also something that led to his ouster and perhaps why McCarthy was in such a foul mood yesterday,

00:02:54.220 which we'll get to, and his confrontation with a colleague on the Hill.

00:03:00.560 But what this does is it likely keeps the lights on for a while.

00:03:03.800 But what it doesn't do, provide any aid to Ukraine, provide any aid to Israel,

00:03:09.160 provide any border security money, provide any aid to Taiwan.

00:03:12.140 And those are going to be very, very thorny issues going forward.

00:03:16.360 And their future, frankly, uncertain.

00:03:17.920 This is the primal scream of a dying regime.

00:03:25.560 Pray for our enemies.

00:03:27.500 Because we're going medieval on these people.

00:03:30.780 You're just not going to get a free shot at all these networks lying about the people.

00:03:35.040 The people have had a belly full of it.

00:03:36.940 I know you don't like hearing that.

00:03:38.360 I know you try to do everything in the world to stop that, but you're not going to stop it.

00:03:41.060 It's going to happen.

00:03:42.120 And where do people like that go to share the big lie?

00:03:45.660 Mega Media.

00:03:47.080 I wish in my soul, I wish that any of these people had a conscience.

00:03:52.540 Ask yourself, what is my task and what is my purpose?

00:03:56.280 If that answer is to save my country, this country will be saved.

00:04:02.640 War Room.

00:04:03.500 Here's your host, Stephen K. Band.

00:04:05.820 Okay, welcome.

00:04:10.240 It's Wednesday, 15 November, Year of the Lord, 2023.

00:04:13.100 We're going to play that morning, Joe, cold open a couple of times this morning.

00:04:18.100 Because you've got to embrace it.

00:04:19.680 You have to embrace it.

00:04:21.680 And Jonathan Lemire said the quiet part, or gave you the buried lead.

00:04:27.320 They've kicked us into an election year.

00:04:29.040 So we expect these guys, let me think this through. 0.95

00:04:31.420 We expect a bunch of gutless cowards that have never stood up and fought on any of this and, in fact, allowed it to happen. 0.84

00:04:39.860 We expect them in an election year when they all say, hey, we can't do anything because of the election year. 0.78

00:04:43.460 We need 75 days.

00:04:46.080 We need 75 days so that we can really come back and get conservative wins in 75 days.

00:04:54.400 By the way, they blow out of here tomorrow, not back until after Thanksgiving.

00:05:00.540 Then they've got, like, 10 days.

00:05:02.940 Then they go home for Christmas.

00:05:04.220 Then they come back late.

00:05:06.440 And then, you know, I think it's 21 days of being here currently scheduled before the 17th of January.

00:05:12.900 Now, internally, what they're talking about is, no, no, no, Steve, you don't get this.

00:05:18.540 We need, you know, Molinari and the New York guys.

00:05:22.880 Every day you hear them whining.

00:05:24.240 Oh, these are Biden districts.

00:05:26.620 Well, they might have been stolen for Biden in 2020.

00:05:32.980 But you look at the polling all over.

00:05:35.600 Are they Biden districts today?

00:05:37.640 I got the Financial Times in London.

00:05:39.060 E.J. and Tony's going to join me, so only 14 percent of Americans believe Biden has made them better off financially, 14 percent.

00:05:46.020 That's about to get a lot worse.

00:05:47.720 Fifty percent say they're worse off.

00:05:50.800 Only 14 percent said they're better off.

00:05:52.960 So maybe they ought to check their districts again.

00:05:56.120 Also, Wall Street just announced another year of down bonuses.

00:05:59.780 A lot of those are bedroom communities for Wall Street.

00:06:02.540 Also, the the the invasion of our country is part of one of the centerpieces of this is Manhattan in the boroughs where, you know, Eric Adams, since he can't get the money from his sponsors in Turkey, Erdogan, which he's taking all this money illegally in campaigns.

00:06:22.440 Right. As we now find out that he's that he's begging for a five billion dollar bailout, which is never going to come.

00:06:30.280 Hell, their pet project, Ukraine. 1.00

00:06:32.140 The one good thing of the supplemental, no supplemental, no Ukraine money.

00:06:36.660 Even the Israel thing was taken out.

00:06:38.960 All of that's taken out.

00:06:40.340 But we have to be blunt about this.

00:06:43.920 We have a and I think you see the scale of the problem that we have.

00:06:48.740 You had only 57 percent of the of the conference voted for us very close to not even being able to get a conference.

00:06:55.420 But Johnson and this crew showed that, you know, when they need to get something done, they're not prepared to play by the marquee of Queensbury's rules.

00:07:03.240 We blocked this thing on a rule that couldn't come.

00:07:05.340 It had to get better.

00:07:06.100 You had to have cuts.

00:07:06.900 You had to have some policy changes.

00:07:08.100 And they said, no, we're not going to do that.

00:07:09.860 We're going to basically go grab the Democrats and do it fully.

00:07:14.640 And as I've said, I'm a Mike Johnson fan.

00:07:17.620 But this week, MTG.

00:07:20.080 And I know there's a lot of criticism of her.

00:07:21.820 Maybe this thing should have been a little more baked, but she failed in putting forward an impeachment on Mayorkas. 1.00

00:07:27.580 I just don't understand when you have an invasion of your country of eight to 10 million people already with another 500,000 a month coming, as CIS tells us, that's going to be 14 million at the end.

00:07:38.300 And he sits there and gaslight you.

00:07:40.160 The border is secure.

00:07:41.040 The border is secure.

00:07:42.060 How you can't even move on an impeachment.

00:07:43.840 If you can't move on an impeachment amendment to him, what are you going to do?

00:07:46.920 And then, yes, they had the fracas all over, you know, guys jumping up, trying to throw down, which is all fine.

00:07:54.900 Hey, you know, guys will be guys.

00:07:59.440 That kind of stuff is going to happen, particularly more tension.

00:08:01.640 But I don't see – I'm not – I just don't buy.

00:08:06.560 I don't buy it that we need 75 days.

00:08:08.880 I don't buy that Molinari and the New York guys need to socialize this in their districts.

00:08:14.540 I don't anticipate they're going to be doing tons of town halls that talk about the kind of cuts that have to come, that talk about the border policy has to come.

00:08:23.740 You know, maybe I'm a tad cynical on this.

00:08:25.960 I just don't see it.

00:08:26.800 But I see what has happened, and you've got to look at this list of the, what, 100 and – I think the 120 or so that voted for it, 93 to 95, I think, against.

00:08:40.660 Look at the ones who voted for it, and a lot of them in your districts.

00:08:44.740 You have been helping these guys, and now it's exposed.

00:08:49.160 These guys are centrist Democrats.

00:08:51.720 You have to use your leverage points.

00:08:53.200 This was a very – it was a great leverage point.

00:08:56.380 Right before Thanksgiving, you could – you had all the leverage in the world. 0.94

00:09:01.340 Oh, but we only control one-fifth of one-ninth of one-twenty-fifth of the – no, screw you. 0.67

00:09:08.160 Minoritarian vanguardism.

00:09:10.400 I've been in situations in M&A deals where you've got a lot smaller than that, and you can use your leverage points to get – to impose your will.

00:09:20.020 Let's use a football term.

00:09:23.280 Impose your will.

00:09:26.140 Impose your will.

00:09:28.340 You know, Comer got blown up yesterday by what – is it Moskovitz, the guy from Florida?

00:09:33.580 Blew him up.

00:09:35.100 So bad he caught him a smurf.

00:09:36.860 We'll tell you that maybe later in the show.

00:09:38.820 But he was not prepared.

00:09:39.900 He was caught totally unaware.

00:09:40.820 And today, Xi – and we'll be covering this – Xi is going to meet Biden at 11 o'clock, I think, Pacific time, 2 o'clock East Coast time.

00:09:51.320 This meeting should never happen.

00:09:53.140 The whole business community, you see on the Wall Street Journal, they are all against – our program is to decouple.

00:09:59.160 You decouple from the Chinese Communist Party, they start to collapse.

00:10:02.180 What do you think Xi's coming over here for?

00:10:04.820 It's two deals.

00:10:05.760 And the former ambassador to the United States from the CCP, there during the Trump administration and, of course, before and had been there forever, just stepped down.

00:10:18.120 A bad hombre, part of the clique that runs the deal. 0.99

00:10:22.940 He said the whole thing's about one-China policy.

00:10:27.440 You basically got to give up Taiwan.

00:10:28.740 You give it to the people of Taiwan.

00:10:29.880 You give up Taiwan. 0.95

00:10:31.080 You assure us that it's a one-China policy. 0.89

00:10:33.960 Everything's then on the table for us to work together.

00:10:37.020 If you draw a hard line there, then, hey, we're going to war.

00:10:39.980 It basically said that that's going to lead to a conflict.

00:10:42.840 Pretty stark.

00:10:44.760 And you've got a guy, Comer and Jim Jordan.

00:10:47.600 This meeting's happening today because of you.

00:10:49.560 Let's have a partner's discussion.

00:10:52.940 Right?

00:10:53.460 Where we just kind of sit here.

00:10:54.380 No happy talk.

00:10:55.580 No happy talk.

00:10:57.460 The only reason he can go into a room that wouldn't have a thousand questions thrown at him about being a payroll.

00:11:04.700 You haven't done your job.

00:11:08.460 And they say, well, Steve, gosh, that's so harsh.

00:11:10.220 You know, these guys are working.

00:11:11.300 Well, you know what?

00:11:12.120 I'm looking for results.

00:11:14.200 First of all, I don't see them working that hard.

00:11:15.980 I'm around here, and I see all the time they take off.

00:11:18.800 And quite frankly, even when they're working, there's some working hard, but I'm not seeing 18-hour days, 20-hour days.

00:11:24.260 I don't see seven days a week.

00:11:25.980 If you're in a crisis, you're in a crisis.

00:11:29.040 If you're in a crisis, you're in a crisis.

00:11:31.820 We're going to have a guy on here later.

00:11:33.160 Peter Navarro showed up to work, I think, every day in the four years of the Trump administration. 0.85

00:11:38.700 The guy's an animal.

00:11:39.760 But that's what you need to do.

00:11:40.760 He was fighting for jobs for the American people.

00:11:45.200 So we have to educate you, this posse.

00:11:51.360 You have to educate.

00:11:52.260 You're going to have to show, particularly if your representative's on that list, and there's lots of them in Trump country.

00:12:00.560 There's a lot of MAGA districts there that are represented by these guys.

00:12:03.600 Remember, the same 120 is a greater set of the 70 that voted for the FBI headquarters, which is, as I said, a small thing in which everything is revealed.

00:12:17.620 That's the pool.

00:12:18.860 The pool they have is these uniparty centrists.

00:12:22.860 These uniparty centrists, which they're no different at all, maybe slightly on some shiny toy cultural issues.

00:12:32.900 And I know the cultural issues are very important, but right now you have two crises that are going to crush us.

00:12:38.080 If I can – and here's what it is.

00:12:39.920 Can I put up that chart?

00:12:40.860 Can Denver put up that chart?

00:12:42.020 I want to make sure that I've got the chart.

00:12:45.040 I'm pretty sure I've got the chart.

00:12:46.700 This chart is very illustrious.

00:12:48.600 I'm going to get EJ on here.

00:12:49.520 I've got a couple minutes now.

00:12:50.700 So – and I think I've got my chart.

00:12:53.780 There's my chart.

00:12:54.720 I've got it right in front of me.

00:12:56.860 If I can only make it bigger.

00:12:57.900 There we go.

00:12:58.780 Okay.

00:12:59.100 This shows you they finally got the fiscal year 2023.

00:13:04.440 And I took this from a Zero Hedge article.

00:13:07.520 I was able to clip it.

00:13:08.700 I want to thank Zero Hedge and also the underlying writer.

00:13:11.040 I put a couple articles up on Getter.

00:13:12.660 And if you're not on Getter, that's another free app.

00:13:15.200 Download it.

00:13:15.720 I'm putting up thoughts of wisdom all the time.

00:13:20.840 Will you say that?

00:13:22.400 So if you listen to the show on radio or a podcast and don't get to see the visuals, you know, you go to – you should certainly go and download.

00:13:31.180 Join the email.

00:13:32.900 You get the newsletters I think a couple of times a day.

00:13:36.620 But you get all the visuals, all the clips.

00:13:40.940 It'll make your experience much easier.

00:13:42.760 That's warm.org.

00:13:44.660 Mo and Grace will put it up in the chat.

00:13:46.680 But let's push that out, everybody.

00:13:49.500 Also, go to Getter, totally free also, where I'm putting up stuff 24-7 with all these blinding insights.

00:13:57.360 You don't want to miss these blinding insights, right?

00:13:58.840 Here – and I tell you what, we're going to go to break.

00:14:03.140 I got E.J. and Tony.

00:14:04.700 But this is kind of the – and I like the way this is laid out.

00:14:07.820 This shows all – it's cash in, cash out.

00:14:11.700 You basically got $4.4 trillion of cash that came in.

00:14:17.860 And you got about – they calculate $6.2 trillion that went out.

00:14:21.660 We know that number is higher.

00:14:23.240 They say the deficit then rounds up to about $1.7 trillion.

00:14:26.600 That's from last year, $1.7 trillion.

00:14:28.700 It's actually $2 because we showed you how they gun-decked it.

00:14:31.560 But even taking these numbers, it shows you the issue before us because it's a $1.5 to $2 trillion structural deficit every year.

00:14:42.640 So in 75 days, am I going to – Speaker Johnson, who we have your back, are you going to – are you going to solve this?

00:14:52.020 Give us a plan forward?

00:14:53.420 Well, the posse is going to be here to assist.

00:14:56.600 So let's take that.

00:14:57.520 Assist now.

00:14:59.700 I know this is hard to believe, but we're up against another government shutdown later this month.

00:15:05.460 And our wise leaders deal with it how they always do, with more spending.

00:15:11.000 While lawmakers are high-fiving, your savings account continues to lose value because more spending weakens the dollar.

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00:16:19.820 Do it today.

00:16:21.060 Action.

00:16:21.820 Action.

00:16:22.540 Action.

00:16:22.820 And they look back at Trump's presidency and said, hey, my wages were higher, inflation was lower, we weren't at wars all over the place. 0.99

00:16:31.180 Maybe the guy's a jerk, but he's a badass and the world fears him. 1.00

00:16:35.880 And so... 1.00

00:16:36.500 He's a badass?

00:16:37.100 All he does is complain about people. 0.99

00:16:38.940 A whiny, vengeful, backward-looking, billionaire. 0.77

00:16:42.220 That's forward-looking. 0.94

00:16:42.700 That's forward-looking.

00:16:43.780 Right, that's forward-looking.

00:16:44.780 I want to take on the administrative state that's driven this country into the ground.

00:16:48.140 He's not talking about taking on the administrative state to help people's lives.

00:16:51.320 He's talking about going after the people that were mean to him.

00:16:53.780 He says, oh, I'm going to have the DOJ target Bill Barr because he was mean to me.

00:16:57.880 I'm going to have the DOJ target John Kelly because he turned on me.

00:17:01.000 I'm going to have the DOJ target Jack Smith.

00:17:03.240 That's not true.

00:17:04.040 That's all he talks about.

00:17:05.480 He doesn't talk about helping people.

00:17:07.100 That's not true.

00:17:07.480 That's not true.

00:17:08.960 But here's my question.

00:17:10.000 Do you have a MAGA lawyer who likes to go on your podcast?

00:17:12.960 Mike Davis?

00:17:13.280 Here's what he has suggested one of the top priorities for Trump's attorney general.

00:17:16.940 One, fire the deep state executive branch.

00:17:19.540 Two, indict the whole Biden family.

00:17:21.380 Three, deport 10 million people, kids in cages. 0.97

00:17:23.580 It will be glorious.

00:17:24.480 Four, detain people at Gitmo.

00:17:25.960 Five, pardon every January 6th defendant.

00:17:28.840 What do you think about that five-step plan?

00:17:29.980 I think it's fantastic.

00:17:31.440 All five?

00:17:32.080 All five.

00:17:32.680 We're going to start the largest deportation program in history.

00:17:35.260 All 10 million must leave.

00:17:38.320 Wow.

00:17:38.720 Now, part of an exchange with longtime Trump advisor Steve Bannon from the final episode

00:17:43.980 of The Circus.

00:17:46.180 We talked about this earlier.

00:17:47.680 It used to be sort of a bob and weave where Donald Trump would say something extreme and

00:17:52.480 then back off and go, no, no, I don't mean that.

00:17:55.520 I don't mean that at all.

00:17:57.240 Now, they're all just coming straight.

00:17:59.220 It used to be Bannon would say something crazy and Trump and his people would say, no, that's

00:18:04.880 not the case.

00:18:05.960 No, they're aligned now.

00:18:07.460 You know, Bannon said four years, seven years ago, I'm a Leninist.

00:18:12.920 I want to tear down the state.

00:18:15.300 Well, Trump's with him now.

00:18:16.880 Trump is a Leninist.

00:18:18.240 Trump wants to tear down the state.

00:18:20.300 They say they want to arrest the entire Biden family.

00:18:23.880 They want to arrest people, even his former lawyers that turned on him.

00:18:29.260 I mean, this is just full-on fascism, and they're proud of it.

00:18:34.300 That's what's remarkable, Joe.

00:18:35.760 Molly and I were just talking about it.

00:18:37.000 There's no secret to the secret plan.

00:18:38.700 Believe them when they tell you what they're going to do.

00:18:41.180 I mean, Bannon went on to say that this movement's moving on beyond Trump.

00:18:44.220 The Trump, in his view, is a moderate.

00:18:47.160 So, you know, they're talking about the greatest deportation in history.

00:18:51.820 It's pretty chilling.

00:18:52.920 And as you said, the remarkable thing about it is that they're not hiding the ball on this.

00:18:59.260 So everybody should know, team democracy, it's time to suit up.

00:19:01.960 Mm-hmm.

00:19:03.520 Yeah.

00:19:03.720 And, Willie, it is, again, they're admitting the quiet part out loud.

00:19:09.680 And now Trump's even got to where he's lifting words and phrases from Hitler's speeches.

00:19:16.900 Yeah, the vermin term.

00:19:18.800 Remember he said, I am your retribution to his supporters.

00:19:21.420 And now not just, not saying that in some vague way, Molly, but now specific plans from people who presumably would be close advisors in the administration about how they would go out carrying out that retribution.

00:19:33.500 I mean, you just heard Steve Bannon, take it for what it's worth.

00:19:35.940 He's a podcaster who's probably going to jail soon.

00:19:38.480 Don't go negative on podcasters.

00:19:40.720 No, no, no.

00:19:41.200 What I'm saying is, obviously, though, influential in the MAGA movement, but the fact that he's just saying out loud, yeah, we should just pardon all the people who attacked the Capitol, the people who beat up cops on January 6th.

00:19:52.400 Let's pardon them.

00:19:52.940 Trump has said that, too, by the way.

00:19:54.320 Yeah.

00:19:54.580 You know, it's interesting.

00:19:56.220 Republicans and Trumpists have these ideas.

00:19:58.580 They are not popular with the general electorate, right?

00:20:01.160 They're not.

00:20:01.800 We see this again and again.

00:20:02.860 We saw this in the 2023 off your election.

00:20:04.820 You see the bid in the ask here.

00:20:09.100 You see the Mike Johnson crater.

00:20:12.280 Oh, we're going to get him next time.

00:20:14.740 And you see what's coming together with President Trump and his campaign that's leading.

00:20:19.140 We're also I got this Nikki Haley thing.

00:20:21.000 I think it's up on Getter.

00:20:21.840 I want to pull that.

00:20:22.440 I want to play that later about Nikki, neocon, neoliberal Nikki, Nikki, Nikki, Nikki, Nikki, Nikki.

00:20:29.620 Selling you out again in some like a little gathering.

00:20:34.160 It's like New Hampshire, Iowa, one of these places where the people all come into the diner.

00:20:37.740 And you have a chat.

00:20:39.960 Selling you out.

00:20:42.720 There's there are two crisis.

00:20:44.380 There's obviously a geopolitical national security crisis.

00:20:49.200 This beginning of the kinetic part of the third world war.

00:20:53.040 And obviously a guy who's on the CCP payroll is out there today as a supplicant.

00:20:58.920 This is Joe Biden.

00:21:01.180 Unbelievable that he unbelievable that we have not put the documents forward on the family and them in a systematic way.

00:21:07.660 Not not going on Hannity and don't have some documented Comer.

00:21:10.220 Is Comer a host on the Murdoch News Network or is he supposed to be head of oversight?

00:21:16.260 I think he's done a terrible job.

00:21:18.620 Let me be blunt.

00:21:20.120 We're in November.

00:21:20.980 We're 10 months into it.

00:21:21.860 This thing should have been laid out instead of been going out in April and May.

00:21:25.380 You should have hired more staff in Jordan.

00:21:27.660 The results are Biden's out there today.

00:21:30.340 There should be no universe in which Joe Biden could get into a room with Xi.

00:21:35.100 Given the evidence against him of selling us out to the CCP, it's it's mind boggling.

00:21:40.820 It's mind boggling.

00:21:42.420 And in the CCP and the criminal element in Beijing are laughing at you.

00:21:47.240 Now, President Trump and the team in Project 2025 and CR and people are working there.

00:21:51.960 There's massive working groups.

00:21:53.820 And two things they're doing is we got, you know, the Heritage guys on here and CRA on here about the balanced budget, whether it's in 10 years or five years.

00:22:04.160 I think I can balance this thing in less than five years.

00:22:07.200 But that starts with massive cuts.

00:22:08.580 Day one, that's on the budget side.

00:22:11.120 And let's make sure we push out that that chart.

00:22:13.520 I'll get back to it in a second.

00:22:15.780 Then on the invasion of the southern border, of course, you're going to have to have mass deportation.

00:22:19.900 You have to seal the border as a predicate.

00:22:23.760 And then you've got to do master deportations or the whole thing.

00:22:26.640 You don't have a country.

00:22:28.020 You don't have your sovereignty.

00:22:28.960 And you see right there the response.

00:22:33.000 And you see Johnson and Schumer saying right now, well, we don't love this, but we're going to push it.

00:22:36.860 And Keem Jeffries, and they're laughing at you.

00:22:39.280 They're laughing at Johnson.

00:22:41.860 We didn't take a hard stand.

00:22:43.880 In a crisis, every second counts.

00:22:47.320 Every minute counts.

00:22:48.720 It's urgent.

00:22:49.720 Is this urgent or is it not urgent?

00:22:51.960 If it's not urgent, then let's go in for Thanksgiving.

00:22:54.100 If it's not urgent, let's go in for Christmas.

00:22:55.560 If it's not urgent, let's just play by this.

00:22:59.620 We have a calendar.

00:23:01.880 We don't want the congressman who took six weeks off in August and half of September.

00:23:08.280 We don't want him to miss Thanksgiving.

00:23:11.600 Who'd want to do that? 0.54

00:23:12.540 Who would want to break up a family holiday?

00:23:16.560 We're going to talk about this on Thanksgiving.

00:23:18.420 When President Lincoln, in 1864, put out the proclamation that started the first kind of formal recognition of – they were in a crisis.

00:23:28.940 The crisis was called the Civil War.

00:23:30.660 And they still had not come.

00:23:33.100 It was only around that time did it actually become evident from Atlanta, the fall of Atlanta, Farragut and Mobile Bay.

00:23:43.400 And some other actions that this thing would actually – Sheridan, General Sheridan, in God's country, Shenandoah Valley, burned it to the ground.

00:23:51.300 Just like Sherman burned to the ground 60-mile from Atlanta to the sea, down to Savannah.

00:23:59.300 But that was a crisis at that Thanksgiving.

00:24:02.740 And I don't remember them saying, hey, what we're going to do is everybody's going to go home for Thanksgiving.

00:24:07.780 He said, no, it's a crisis or it's not a crisis.

00:24:10.760 The crisis here is evolving every bit as deep as the Civil War.

00:24:15.380 Understand that.

00:24:17.320 That $1.6 trillion gun deck, really too, but let's play with their number.

00:24:21.800 $1.6 trillion is going to be again – as soon as they finish this, which I did last night on the show, it will be six months.

00:24:27.700 They'll be six months into the fiscal year.

00:24:29.460 They have to start again on another $1.6 and then another $1.6 to $2 and another $1.6 to $2.

00:24:35.340 They actually be higher.

00:24:36.200 If you look at that chart, the interest number is $680 billion.

00:24:40.900 Hey, guess what?

00:24:41.620 We already know it's over a trillion.

00:24:42.880 E.J. and Tony is going to be on here in a second.

00:24:46.700 He told you that four months ago because of the refinancing of – we have to refinance one-third of the $33, $34 trillion.

00:24:55.060 We're in it now.

00:24:55.940 This is a crisis.

00:24:58.360 And if these sad sacks up here can't deal with it, then get rid of them and get some people up here that can.

00:25:04.920 If they're not prepared to do it and you've got guys today, you know, show me they're all – they're fighting.

00:25:09.020 They're over there exercising and doing kung fu and everything like that.

00:25:11.420 I don't want to see your kung fu. 1.00

00:25:12.560 I don't want to see your mixed martial arts. 1.00

00:25:14.220 I want to see some moral courage.

00:25:16.740 You got physical courage.

00:25:17.760 I got that.

00:25:18.320 That's important.

00:25:18.900 Check that box.

00:25:19.600 I want to see some moral courage in standing up for this nation and standing up for her sovereignty and standing up for her citizens.

00:25:26.720 And Mike Johnson, and I don't mean to get on you, but we're going to get on you because you're on the clock, brother.

00:25:35.440 Christian, biblical viewpoint or not, you're on the clock.

00:25:39.400 You told us yesterday, and you're running up on Fox all the time.

00:25:42.420 You're spending way too much time on Murdoch News.

00:25:44.200 Murdoch News does not run the deal. 0.78

00:25:45.660 You should understand that your predecessor was on Murdoch News all the time, and you saw what happened to him, and now he's so viciously insane.

00:25:54.120 He's trying to throw punches, and he's walking around.

00:25:56.040 He's stirring the pot.

00:25:56.860 He's got 17 maids.

00:25:57.820 He's going to come after all these guys in the district.

00:25:59.400 This nest of vipers up here that we have allowed, we have allowed, we have allowed all of us, collective guilt here, we have allowed this republic to, the government of this republic, to turn into what it is.

00:26:18.640 Embrace that.

00:26:20.660 We have plenty of Republican presidents in here.

00:26:22.920 We had the two Bushes, right? 0.86

00:26:25.400 Only Trump, only Trump is the only one stood in the breach.

00:26:27.700 Why do you think they get him in court to take all his money and want to bankrupt him?

00:26:31.380 Why do you think all the rhinos are supporting and laughing and pushing the 700 years in prison? 1.00

00:26:37.840 And why do you think they're just hoping, they're just praying for one conviction?

00:26:40.700 They just need one conviction because neocon Nikki will be right there with all the donors loving up on her, all the corporatists running.

00:26:47.200 She's got momentum.

00:26:48.460 She's got momentum.

00:26:50.680 She's gotten momentum.

00:26:51.880 Can you imagine her in charge of things? 0.93

00:26:53.860 When she talks about geopolitics, it's like a ninth grade social room home study teacher.

00:27:00.780 That's the level of sophistication.

00:27:03.360 She wants to be fighting for freedom and democracy all over the globe. 0.94

00:27:07.380 Hey, neocon Nick, check the chart right here.

00:27:11.000 Tell me how you're going to deal with that in the invasion of the southern border.

00:27:13.880 Of the third world war, the kinetic part, the worst is in the southern border.

00:27:20.420 And if you think you've seen some protests at Columbus Circle and they're taking down the monuments and they're putting, you know, Palestinian flags on it and Sharia supremacist symbology everywhere. 0.62

00:27:33.040 Wait, folks, wait till you've got to come to the hard decision that, hey, maybe they have to go home.

00:27:41.100 Maybe the eight million have to leave.

00:27:43.580 Maybe they're here illegally with this gun decked asylum. 0.98

00:27:46.640 We've got to do that.

00:27:47.280 You think that's going to be pleasant?

00:27:49.160 You're looking at the folks who are going to have the stones to stare that one down and do it.

00:27:55.000 That's the current state of the American Republic.

00:27:57.320 Of course, they're all going home for Thanksgiving.

00:28:00.660 God bless them.

00:28:01.280 Make sure if they're in the district, you give them the old what for.

00:28:06.640 What they need to hear is from the righteous indignation of the electorate.

00:28:13.680 This is what a representative democracy is about.

00:28:16.720 Short commercial break.

00:28:17.700 Back in the warm in just a second.

00:28:23.740 Question, who protects the troops who protect us?

00:28:28.180 Well, we will.

00:28:28.960 Imagine you're serving halfway around the world and you learn the title to your home.

00:28:35.940 That legal document that proves it's actually yours has been forged and it's not in your name anymore.

00:28:42.760 But we can't let that happen and we won't let it happen.

00:28:46.220 Home title theft is a clear and present danger for all homeowners.

00:28:49.700 And that's why I trust Home Title Lock.

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00:29:07.640 Our troops deserve the peace of mind in knowing that while they protect us, Home Title Lock protects their most valuable asset.

00:29:15.880 We all need to protect the title to our homes.

00:29:20.460 I'll share updates, but for now, please join me.

00:29:23.040 Protect your home's title at HomeTitleLock.com slash Bannon and use promo code Bannon.

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00:29:41.820 Do this for the troops.

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00:29:44.960 Use your agency.

00:29:46.780 Here's your host, Stephen K. Bannon.

00:29:49.240 So Speaker Johnson said that this perfectly positions us, perfectly positions us for major conservative victories to come.

00:30:03.560 Well, brother, we got your right flank, and I think your right flank's a little ahead of the line here,

00:30:09.520 which has happened a couple of three times in military engagements throughout history.

00:30:14.460 But the right flank, we're rolling, and we demand change.

00:30:23.300 You, unfortunately, have come in and, you know, being a humble man, being a modest man.

00:30:33.620 The meek may inherit the earth, but they ain't going to make an impact in this nest of vipers up here. 0.90

00:30:39.800 This is not going to happen.

00:30:40.960 So we got to set the, you can keep the humble, and you're a good man, and you're trained,

00:30:46.340 but you got to come in guns blazing on this.

00:30:50.340 You got to go a little, I need a little, you know, don't take this the wrong way, I need a little pagan warrior.

00:30:56.320 Right?

00:30:57.200 Like when we're up there converting all those guys in the German woods, in the deep forest, and up in Norway, 0.95

00:31:03.980 and so all the Vikings, when those monks converted the Vikings to Christianity.

00:31:08.500 I need you, I need you to be Viking.

00:31:11.400 Give me a little Viking before the convert. 0.97

00:31:15.160 Because you have to go savage. 0.72

00:31:17.200 You have to.

00:31:18.800 You got to come in here and say, hey, here's what's going to happen.

00:31:21.300 Here's the budget.

00:31:22.140 We're going to take a stand on this thing.

00:31:24.260 We're going to have massive cuts.

00:31:25.800 We can show you where some of the cuts are.

00:31:27.040 Look at some of those numbers.

00:31:29.460 Right?

00:31:29.720 And leave Social Security and Medicare out of it for right now.

00:31:31.960 We got plenty, you got plenty of big cuts in Medicaid, and you almost got a trillion dollars now in welfare.

00:31:40.020 What they call income security.

00:31:42.120 That block right there.

00:31:44.380 We can get back to Trump's, we can get back to the four trillion, was the government big enough under Trump?

00:31:50.220 I think our spending was 4.2 trillion, which I thought, I went crazy about it, but hey, plenty big.

00:31:54.900 Was in 2019, when we had that golden, we had that Christmas where, you know, no inflation, you know, everything under control, wages up for blue-collar people, wages up for non-college graduates.

00:32:12.760 Was that 2019 that worked for you?

00:32:14.500 Well, look at the government.

00:32:15.400 We're $2 trillion in spending less.

00:32:17.460 Can't we do that?

00:32:18.580 Yes, we can do that if you have the stone.

00:32:20.320 So give me, go barbarian. 1.00

00:32:22.040 Give me some savage. 0.99

00:32:23.140 I need you to be savage. 0.91

00:32:24.900 I need you to be, I need you to be a Germanic tribe pre-St. Bonaventure, whoever converted them, okay? 1.00

00:32:34.360 After the convert, it's fine, but I need you to be savage. 1.00

00:32:37.020 The meek, you know, may inherit the earth according to the Sermon on the Mount or in Luke, the Sermon on the Plain, but we're not looking for the earth.

00:32:48.160 We're looking for this capital and this nest of vipers.

00:32:51.860 Remember, Christ himself, what did he do in the temple?

00:32:54.900 He lost his temper, didn't he?

00:32:56.980 He went there.

00:32:58.300 I need you like that.

00:33:00.160 I need you like Jesus in the temple.

00:33:02.020 I need you, get the bullwhip, and let's roll, dude. 0.98

00:33:07.200 That's what you need.

00:33:08.880 So read Apocalypse and then go back and read those verses and man up.

00:33:15.220 That's where the morning drum will play again.

00:33:17.420 We have to have our noses rubbed into the morning drum.

00:33:20.820 They're mocking you and they're laughing at you.

00:33:22.220 And hey, and the way this thing rolls, they deserve it.

00:33:25.240 They're mocking you and laughing at you and us.

00:33:28.100 Don't get, we're not, we're, we're a big part of this.

00:33:30.240 They're mocking at us and we deserve it.

00:33:32.420 We deserve all of it.

00:33:35.300 Because you're not going to save this republic.

00:33:37.260 You're not going to get conservative victories unless you're prepared to throw down and not back off.

00:33:42.800 E.J. and Tony, your assessment, sir?

00:33:47.400 Steve, I think it's absolutely appalling what Republicans have done.

00:33:51.580 I'm not just Republicans, but conservatives more broadly, since we know a lot of those Republicans aren't even conservative.

00:33:57.320 But they have once again capitulated to their liberal rivals and kicked the can down the road.

00:34:03.540 I mean, what is going to be different in a couple of months here?

00:34:07.280 Do you honestly believe that the liberals in the House and that the bulk of the Senate are somehow going to miraculously change their mind between now and then?

00:34:15.920 That they will somehow have a change of heart on their ridiculous spending habits?

00:34:20.440 Absolutely not. 0.53

00:34:21.620 I fail to see what this has bought us.

00:34:26.240 Okay, and here's the thing.

00:34:27.960 The Financial Times of London, no MAGA paper.

00:34:31.020 Look at the headline.

00:34:31.780 Only 14% of Americans believe Biden has made them better off financially.

00:34:38.300 This is directly, until you understand that this is directly linked to federal spending, the deficits, and the inflation and higher interest rates driven thereof, you don't understand it.

00:34:52.520 The American people will have your back on this if you have the common decency to go explain it to them.

00:34:58.080 And so I want to see Lawler.

00:35:00.440 I'm waiting for Molinari and Lawler and the entire New Year crowd and all the rest of the moderates.

00:35:07.820 Don Bacon.

00:35:08.460 I'm waiting for Don Bacon.

00:35:09.740 General Don Bacon.

00:35:11.260 That's a beauty.

00:35:12.300 I'm waiting for that guy out in Omaha to give the presentation of how we're going to do this because they've got to bring their constituents along.

00:35:19.420 They've got to bring.

00:35:19.900 I think this poll, the Financial Times of London, and I think a couple, three people in the New York City area read that.

00:35:26.580 I think it's telling us they're already there.

00:35:29.600 You just have to have the stones that have some leadership. 0.99

00:35:32.320 What you are is a bunch of gutless cowards, and you just want to go along. 0.99

00:35:35.800 And it's easy in this town to do that. 1.00

00:35:39.240 You're burying people under 40. 0.92

00:35:41.720 You're burying the working class. 1.00

00:35:44.040 You're burying 86% of the Americans that say that, hey, this sucks. 0.94

00:35:50.440 You're burying them, but it's easy to do. 0.52

00:35:52.100 You can go along, and CNN will say you're great, and MSNBC will say you're great.

00:35:55.720 New York Times, Wall Street Journal said lots of wisdom and discernment.

00:36:01.100 E.J., how bad is this going to get?

00:36:02.820 You've been one of the guys sitting there, and you're the first guy to say, hey, Steve, it was $2 trillion.

00:36:06.060 But just on the interest expense, if you look at that chart, the number there for interest is $688 billion.

00:36:11.480 Ladies and gentlemen, as Bloomberg confirms, the E.J. and Tony Stephen K. Bannon number is over a trillion in this year.

00:36:21.700 Over a trillion dollars in interest in this year, and that's only going to – and E.J. says, hey, baby, I think I'm at $1.2 trillion right now.

00:36:28.300 E.J., how bad is this going to get?

00:36:31.620 Steve, quite bad.

00:36:32.680 And by the way, that $600 billion interest expense number that you see in the chart, if you look closely, that's net interest, which basically means they take the actual amount of interest they spend on the debt, and then they start subtracting out a bunch of different categories to get the number down.

00:36:48.600 So the net interest number always understates how much we're actually spending on the debt.

00:36:53.800 So last year, it was over $800 billion.

00:36:56.340 Right now, it is an annualized $1 trillion.

00:36:59.600 And as you already said, it's going higher, and it's going higher very quickly.

00:37:03.540 It is already so bad, Steve, that it takes 40% of all personal income taxes just to pay the interest on the debt.

00:37:12.440 That's not paying the debt down.

00:37:13.860 That's simply making the interest payments.

00:37:16.460 This is insane, and it is getting much worse very quickly.

00:37:22.380 This is – okay, if you look at that chart – and somehow, Grace and I need to get that chart in everybody's hands.

00:37:28.240 And if you listen on radio, you've got to go to our website or you've got to get the email.

00:37:32.720 You need to do this.

00:37:34.080 If you go to the chart, I think the – and I'm doing this from memory now because I'm not looking at it.

00:37:37.360 I think the personal income tax is two-point – this is all proceeds, cash in, cash out.

00:37:42.500 And this is a simple way like in investment banking.

00:37:45.880 I tell you, EBITDA, everybody's giving you, I got this, I got this.

00:37:48.640 I go, hey, let's talk about Mr. Cash.

00:37:50.400 Let's go to the balance sheet, Mr. Cash in the starting period and Mr. Cash in the ending because EBITDA is an opinion.

00:37:57.800 Cash is a fact.

00:37:59.540 And that's what you need here is facts.

00:38:01.140 But if you look at all receipts from personal taxes, I think it's 2.1 or 2.2 trillion.

00:38:07.500 What EJ is saying is just the interest expense, just the interest expense in this year is going to be – take 40 percent of that is going to pay the interest.

00:38:18.260 The interest will be a trillion dollars.

00:38:21.620 Just embrace that for a second.

00:38:25.620 And this is not going to get better.

00:38:26.900 This is my point.

00:38:27.780 This is every 12 months.

00:38:29.360 You have to make a stand and let's make it now.

00:38:32.180 You have to make a stand and let's make it now.

00:38:35.120 You have to do it.

00:38:37.740 The inner-structuring part of that also is the invasion of the southern border.

00:38:41.160 The Republicans just put out a study two days ago that said that the cost of feeding, housing, educating, and health care for the invaders is $451 billion.

00:38:58.260 Not incorporated in those numbers.

00:39:00.460 That's in addition to – that's an add-on because we got so much – we got so much room to do things here.

00:39:08.400 EJ, what is your recommendation here of how we get serious?

00:39:14.100 Because right now, Johnson, it's not serious.

00:39:16.300 It's once again, kick the can down the road.

00:39:18.400 In 75 days, I'm going to solve it.

00:39:20.100 Well, brother, we're going to hold you to that.

00:39:21.920 And if you can't solve it or you don't show the fight to solve it, hey, guess what?

00:39:27.500 Maybe it's time to revisit this.

00:39:29.080 I'm all for – I'm not sold on any one person.

00:39:31.720 I'm sold on somebody who comes into the billet and wants to fight and wants to stand up here.

00:39:36.400 And if it's a God-fearing man like Johnson, God bless.

00:39:41.060 I'm all in for that 1,000%.

00:39:42.440 But if it's not, hey, let's move on to the next one.

00:39:44.900 100% war room is there.

00:39:46.480 Just say, hey, we're in a crisis.

00:39:48.220 We have to deal like this in a crisis mode.

00:39:51.460 Next man up, right?

00:39:52.860 You're like on the bridge of a ship.

00:39:54.220 Things get shot up.

00:39:55.340 Guy's not performing.

00:39:56.280 Get rid of him.

00:39:57.300 Let's bring up the next guy.

00:39:59.000 Give a field promotion to some ensign.

00:40:02.060 Anybody that's got the stones.

00:40:03.200 E.J., what's your focus on the next 75 days?

00:40:08.080 What is your recommendation people should focus on in the action that you think we ought to do?

00:40:13.980 Well, in terms of our legislature, the action that they need to take is to find anywhere and everywhere they possibly can to cut this budget.

00:40:22.500 And I don't mean give it a haircut.

00:40:24.080 I mean massive cuts.

00:40:26.140 Balancing the budget in 10 years is not good enough.

00:40:29.000 We may not have that much time left.

00:40:31.020 I mean, Steve, my goodness, just the other day, the Treasury almost failed to auction off 30-year bonds because there just wasn't enough appetite in the market due to just the sheer volume of money that they're trying to raise.

00:40:44.900 Hang on.

00:40:45.400 You got to go back to this.

00:40:47.260 I have not had time to cover this.

00:40:49.280 Last Thursday was the biggest debacle in a government auction of bonds, I think, in history.

00:40:56.320 Give me a minute on that because people have to know this.

00:40:58.560 You can't sell it anymore.

00:41:01.760 It's not financeable.

00:41:03.580 Walk through what happened last Thursday on the government bond auction.

00:41:07.580 Well, Steve, essentially when the government is trying to sell these bonds, they do what's called a Dutch auction where someone will bid and will say, OK, I'll buy those bonds, let's say, for 4 percent.

00:41:18.880 And except that they don't actually buy all of the bonds.

00:41:21.460 They can only afford a small portion of them.

00:41:23.360 The next bidder will say, OK, I will buy another portion of the bonds, and maybe they want 4.5 percent.

00:41:29.260 And this continues on and on until there are sufficient buyers to buy all of the bonds.

00:41:34.900 And whatever the last interest rate that was offered was, which is, of course, the highest one, that is the interest rate that then everyone else who has already bid will receive.

00:41:44.000 Well, what happened was the tail, in other words, it's essentially the difference between the last interest rate and the first interest rate that were bid, that was the largest that I can ever remember, at least the largest in my lifetime, if not ever.

00:41:59.000 Because what's happening is the Treasury is initially offering a very large volume of bonds at interest rates that are just too low, and simply no one wants them.

00:42:08.140 We don't have enough people willing to take the risk on U.S. Treasuries.

00:42:12.860 Yes, I said risk, because Treasuries are no longer a safe asset.

00:42:17.440 If you bought Treasuries just in 2020, for example, if you bought a long-term Treasury bond, it has lost half of its value.

00:42:25.080 Explain to me how that is a safe asset.

00:42:28.080 And even the bonds that are going to be repaid, they're being repaid with dollars that have lost 17% of their value.

00:42:34.880 In other words, you are getting 83 cents on the dollar.

00:42:38.360 It's as if the Treasury decided to selectively default on 17% of their bonds.

00:42:43.900 These are not safe assets.

00:42:45.840 The downgrade to the outlook on U.S. debt that Moody's announced last week, that was well-deserved.

00:42:51.400 And, in fact, it is long past time that they made such a move.

00:42:55.460 They should not have just downgraded the outlook on the debt, but the debt itself.

00:43:01.640 E.J., what's your social media, particularly your Twitter, brother?

00:43:06.480 Best place to find me is going to be on Twitter.

00:43:08.600 The handle is atrealejantony.

00:43:13.340 E.J., thank you so much.

00:43:14.560 Appreciate it.

00:43:16.260 Thank you for having me, Steve.

00:43:17.500 Make sure you go over to birchgold.com.

00:43:22.320 Get the slash bannon.

00:43:24.100 You need the end of the dollar empire, because you're seeing it right now.

00:43:27.880 And we're part of it.

00:43:30.100 You've got to understand it, particularly the debt trap, the third installment.

00:43:33.280 Fourth installment's out, fifth installment coming all free.

00:43:36.740 Also, ask, like she's coming today, the CCP's buying more gold than ever in history.

00:43:42.860 Short break.

00:43:43.720 Back in a moment.

00:43:44.420 There's a lot to be nervous about out there.

00:43:48.540 Open social media or turn on the news, and all you see is crime and societal decay.

00:43:54.520 A lot of people just run out and buy a gun, and then it sits in a safe.

00:43:58.720 If there's ever an emergency, they're not going to be prepared and run the risk of hurting themselves or others.

00:44:06.220 There's no way around it.

00:44:07.700 You need to train, and you need to train often.

00:44:10.740 Unfortunately, it's time-consuming to go to the range, assuming there's even one nearby, and ammo prices are through the roof.

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00:44:24.420 Simply download the iTarget Pro app.

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00:45:07.460 Action.

00:45:08.180 Action.

00:45:08.760 Action.

00:45:09.840 Stephen K.

00:45:10.920 Bannon.

00:45:13.620 Okay, so there you have it.

00:45:16.180 The bid and the asked.

00:45:18.120 You've got it.

00:45:22.880 You've got, you know, Trump and what Project 2025 is putting together.

00:45:27.300 I've got my 2025 book.

00:45:28.560 Maybe I'll pick it up.

00:45:29.740 It weighs like 30 pounds.

00:45:33.100 Everybody's working on what President Trump's laying out.

00:45:37.340 But this republic's in the balance.

00:45:40.120 Can it go on?

00:45:40.860 Yes, this can definitely go on.

00:45:42.340 You continue to print fiat money.

00:45:44.000 You continue to have the Fed do this.

00:45:45.940 You can go on and you'll have a eventually a catastrophe in a couple of years like the Weimar Republic. 0.97

00:45:53.520 That's coming.

00:45:54.320 It's not hard to extrapolate out to run the perturbations, you know, on financial miles to see this.

00:46:01.640 You can see it.

00:46:03.020 But all the warning signs are there.

00:46:05.840 Because we are defaulting.

00:46:07.900 Remember that.

00:46:08.800 And the people that get that is all the folks in these brick nations. 0.99

00:46:13.300 Because remember, they all, the guys around them, they all went to Sloan.

00:46:17.720 They all went to Chicago.

00:46:19.180 They all went to Harvard.

00:46:19.980 They went to Stanford.

00:46:20.760 They have an HP 12C.

00:46:22.520 They can all run net present value.

00:46:24.460 They all do the cash.

00:46:25.960 They see what's going on.

00:46:27.460 This is a rolling default.

00:46:30.420 And they think, hey, MAGA may have to take this because they're American citizens and they're kind of stuck.

00:46:35.900 So they're going to continue to underwrite this, their own demise.

00:46:40.560 They talk about anger.

00:46:41.680 People all the time.

00:46:42.760 Steve, why are these people so angry?

00:46:44.240 Why are they so angry?

00:46:45.040 Well, here's why they're so angry.

00:46:46.340 Because you're using their efforts, their tax dollars and their pension retirement through private equity and venture capital.

00:46:58.100 You're using their resources that they have given to people as fiduciaries.

00:47:05.840 Tax is gone and be as fiduciaries.

00:47:07.680 Your pension goes as fiduciaries to destroy them, their children, and their grandchildren.

00:47:13.260 And, oh, by the way, as a bonus, then to send their sons and daughters into foreign battlefields to die supporting this post-war international rules-based order that has only made money for the elites and allowed the Chinese Communist Party to rise to actually challenge us as a hegemon. 0.63

00:47:35.000 So would you be angry if all of a sudden that was revealed to you and you started to understand it?

00:47:40.800 Would you be angry?

00:47:41.560 The reason they're angry, they've just seen, what, $8 trillion or $10 trillion by Mitt Romney and all these serious people going along with Biden?

00:47:50.560 Only 14 percent.

00:47:52.060 This is not me.

00:47:54.000 This is the Financial Times of London.

00:47:55.720 This ain't MAGA.

00:47:56.800 Only 14 percent of Americans believe Biden has made them better off financially.

00:48:00.440 Hey, guess what?

00:48:02.460 The 86, the other 86 percent think they have it.

00:48:06.380 American people got some just basic good old common sense on this.

00:48:11.500 It's called the lived experience.

00:48:14.640 You know, Hauman on that show the other day was sitting there.

00:48:16.600 No, no, no.

00:48:17.220 You hear this all the time.

00:48:18.220 It makes me want to throw up in my mouth.

00:48:20.420 Elections are about the future.

00:48:23.040 Elections are about the future.

00:48:24.320 You ever hear these guys come on with the big knitted brown fox?

00:48:27.140 Elections are about the future.

00:48:28.240 No, dude, it's like doing cash flows.

00:48:33.420 Yes, you're looking out into the future, but you bring it back to period zero.

00:48:38.000 That would be this moment.

00:48:40.860 Elections are about the lived experience of the electorate and where they think the country's going and where you're telling them they're going to go.

00:48:48.780 And this is why Mike Johnson in round one, and I don't want to hear, oh, he's, and please, you know, and particularly people that I'm close to, don't sell me on the, oh, he's only been here two weeks or it's the fourth quarter.

00:49:01.840 We're down 35 to nothing.

00:49:03.000 The quarterback came off the bench.

00:49:05.520 Mike Johnson has been part of this with all of us from the beginning.

00:49:08.680 He knows all this.

00:49:09.500 You've got to be, the quarterback's got to be able to step in and move the chains or he gets the hook.

00:49:16.960 That's what you do as an understudy.

00:49:18.400 He was part of leadership.

00:49:19.380 He knows every element of this thing.

00:49:22.020 Yes, they got a few more high-level security briefings to scare him.

00:49:27.200 But even there, he pulled the supplement.

00:49:30.200 He pulled the supplemental on Ukraine and Israel.

00:49:35.800 This was being weighed and measured and found wanting.

00:49:40.260 We deserve this show, me personally, this audience, the war room patsy.

00:49:46.460 We have to embrace what Morning Joe said today.

00:49:49.960 We have to embrace it.

00:49:53.140 That mocking and rubbing your nose in it is well-deserved.

00:49:57.560 It's well-deserved.

00:50:00.380 This was not good enough.

00:50:02.420 And what particularly makes it not good enough, when they couldn't get the rule passed, they knew right then that not simply MAGA, but others had a huge problem with this.

00:50:15.100 And it was a flashing red light, flashing sign to say, you need to take another course.

00:50:20.200 He had all the warning.

00:50:22.640 And what did he do?

00:50:23.820 He went hard in for the Uniparty, for the worst elements, the Hakeem Jeffries, Mitch McConnell, Chuck Schumer, who think he's a total tool right now.

00:50:34.620 So, we have to help Brother Johnson.

00:50:42.900 We have to help him.

00:50:44.800 We have to assist him.

00:50:46.440 And we have to make sure that he delivers on the 75 days, where it's all going to be different.

00:50:53.160 So, on the 17th of January, that it's like a big reveal.

00:51:00.160 They're going to have some conservative wins here.

00:51:02.840 And to have that win, we're going to have to have the same sort of brinkmanship we should have had right now.

00:51:09.500 Nothing's going to change.

00:51:11.740 The math is only going to get worse.

00:51:14.620 It's only going to get worse.

00:51:16.120 The invasion is only going to get worse because you didn't seal the border.

00:51:19.060 You haven't made any move to seal the border.

00:51:20.780 However, the invasion is going to get worse.

00:51:24.260 The cost of the invasion is going to get worse.

00:51:26.420 The crime is going to get worse.

00:51:27.840 The disruption is going to get worse.

00:51:29.760 The math is going to get worse.

00:51:32.000 The tax revenue is going to come down.

00:51:34.420 The costs are going to go up.

00:51:36.000 The interest expense are going to go up.

00:51:38.000 Please, anybody in this country that can come on and debate that with facts, I'm prepared to –

00:51:45.880 I'm a – I can be a reasonable man in this and listen.

00:51:49.460 But it's not – there's nobody who's got those facts.

00:51:52.280 Them's are the facts.

00:51:54.120 And they're immutable right now.

00:51:57.500 That's the crisis.

00:51:58.600 It must be faced immediately.

00:52:00.740 This doesn't even take into account the geopolitical crisis or the kowtowing to our greatest enemy today in the Bay Area.

00:52:06.600 When someone who's on the payroll of the Chinese Communist Party actually goes as a supplicant to agree to sell out to people in Taiwan and said, yeah, it's one China.

00:52:15.360 Not a problem.

00:52:16.160 One China. 0.91

00:52:17.180 And let's couple.

00:52:18.160 Let's get Elon Musk to those guys. 1.00

00:52:19.520 We've got to – the decoupling we've done so far, and that's why they're collapsing.

00:52:23.900 And that's why they know their Ponzi schemes come to an end.

00:52:26.120 We must – we must recouple because we need access to the pension funds of the deplorables. 1.00

00:52:34.260 That's America on the 15th of November in the year of our Lord, 2023.

00:52:42.220 In the land of the blind, the one-eyed man is king. 0.99

00:52:47.140 And up here right now, Speaker Johnson, as good a man as he is, is a blind man.

00:52:53.840 Short break.

00:52:55.360 Back in a moment.

00:53:08.360 Debt.

00:53:09.160 You go to bed thinking about it.

00:53:10.720 You wake up thinking about it.

00:53:11.940 Now, here's the truth.

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00:54:12.040 Action, action, action.

00:54:13.700 Stop the worrying.

00:54:14.700 Take action.

00:54:15.260 For war room veterans, you know we have been all over this supply chain issue with China and medications and the active pharmaceutical ingredients.

00:54:27.880 China has a stranglehold on us where there's a way to break that. 0.82

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Bannon's War Room - November 15, 2023

Episode 3177： Lack Of Moral Courage In The House

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Summary

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