Bannon's War Room - February 14, 2024


Episode 3390: Organizing For November Election; Wall Street Hates American People


Episode Stats

Length

1 hour and 1 minute

Words per Minute

181.23782

Word Count

11,157

Sentence Count

878

Misogynist Sentences

13

Hate Speech Sentences

16


Summary

On today's show, host Alex Blumberg is joined by guest Alex DeGrasse to discuss the immigration vote in New York City and the impact it had on the outcome of the presidential election. Alex also talks about the impact Donald Trump can have on the 2020 election and why he should be the next president.


Transcript

00:00:00.000 We've been talking about every day over the last week or two that has real world implications.
00:00:08.320 And that is that there was a resolution to the southern border that would have stopped
00:00:15.880 illegal immigrants from streaming across the southern border, that would have stopped fentanyl
00:00:20.980 that's killing American kids from streaming across the American border, crime along the
00:00:29.040 American border.
00:00:30.120 And now in New York City, we're hearing all of this could have been stopped by a deal that
00:00:37.640 Republican James Langford put forward.
00:00:40.520 But Donald Trump told the Republicans not to do it.
00:00:44.160 And so there's going to be chaos at the border for the next year because of Donald Trump.
00:00:50.040 And it had an impact in this race.
00:00:53.240 Tom Swasey was on the defensive on the issue of immigration until that happened.
00:01:00.940 And when that happened, when Donald Trump killed the bill, the reporters up there say the entire
00:01:08.180 issue turned on its head.
00:01:11.700 Swasey leaned into it and he won on the issue of immigration.
00:01:15.840 Stop for a second, everybody.
00:01:17.060 Listen to what I just said.
00:01:18.940 A Democrat won on the issue of immigration.
00:01:24.020 So I was so surprised when I was there.
00:01:27.580 So surprised now that there are politicians that think they can do whatever they can do
00:01:33.580 in Congress and it won't catch up to them.
00:01:36.360 Always shocked there because it always caught up with them.
00:01:39.400 And I'm still shocked that these MAGA extreme Republicans and the Speaker of the House are stupid
00:01:44.340 enough to believe that you can openly say we're going to let fentanyl come across our border
00:01:49.840 for the next year.
00:01:50.800 We're going to let illegal immigrants come across our border for the next year because Donald
00:01:54.900 Trump says, blame me and we're going to do it.
00:02:00.000 And it has real world implications.
00:02:03.080 Republicans lose again.
00:02:05.700 2017, 2018, 2019, 2020, 2021, 2022, 2023, last night.
00:02:16.040 And they aren't just losing because the stars are aligned against them.
00:02:20.740 They're losing because of one self-inflicted Trump wound after another.
00:02:26.460 This is just the latest chapter and verse of that, Willie.
00:02:30.160 Trump loses the court case on immunity.
00:02:32.500 They lose the bill on Mayorkas.
00:02:36.740 They lose the bill on Israel.
00:02:39.060 And you have the RNC chair lose her job.
00:02:42.580 That's all losing because Trump had his fingerprints on all of it.
00:02:46.180 He lost in 2018.
00:02:47.560 He lost in 2020.
00:02:48.740 He lost in 2022.
00:02:50.280 How many more times do we have to lose before we realize that he's actually the problem?
00:02:56.480 And now you go and you look at what he did with the RNC yesterday.
00:03:01.860 Now, when he tried to have the RNC name him the presumptive nominee and they wouldn't do
00:03:06.280 it and he had to pull back.
00:03:07.860 Now he's going and changing out leadership so that it's somebody that he prefers and his
00:03:13.540 daughter-in-law to co-chair.
00:03:15.240 He's putting his campaign manager as the director.
00:03:18.420 Are we going to let him just take over the party that's going to control the convention too?
00:03:22.520 At what point do we not see the problem?
00:03:26.680 We don't have kings in this country, but we have to be part of the solution to stop it.
00:03:31.480 He's upset because he thinks I'm disloyal.
00:03:34.080 I'm not loyal to anyone.
00:03:36.740 I don't do that.
00:03:38.040 If I am elected to this position, I can assure you there will not be any more $70,000 or whatever
00:03:44.600 exorbitant amount of money it was spent on flowers.
00:03:47.420 Every single penny will go to the number one and the only job of the RNC.
00:03:51.740 That is electing Donald J. Trump as president of the United States.
00:03:58.180 This is the primal scream of a dying regime.
00:04:03.100 Pray for our enemies because we're going medieval on these people.
00:04:08.380 I got a free shot.
00:04:09.660 All these networks lying about the people.
00:04:12.660 The people have had a belly full of it.
00:04:14.640 I know you don't like hearing that.
00:04:16.080 I know you try to do everything in the world to stop that, but you're not going to stop it.
00:04:18.680 It's going to happen.
00:04:19.740 And where do people like that go to share the big line?
00:04:23.360 Mega Media.
00:04:24.700 I wish in my soul, I wish that any of these people had a conscience.
00:04:30.100 Ask yourself, what is my task and what is my purpose?
00:04:33.880 If that answer is to save my country, this country will be saved.
00:04:40.080 It's Wednesday, 14 February in the year of our Lord, 2024, St. Valentine's Day.
00:04:55.640 We've got a lot to go through.
00:04:56.780 Of course, you're hearing the ridiculous mantra of Morning Joe in Bird Brain.
00:05:02.660 But Bird Brain sums it up.
00:05:04.260 I'm not loyal to anybody.
00:05:05.780 You can write that down.
00:05:08.400 She's wandering around ending her political career in the next 10 days between now and South Carolina.
00:05:12.960 But I want to get in.
00:05:13.740 We're going to deconstruct what actually really happened in New York.
00:05:17.200 Alex deGrasse joins us.
00:05:18.500 I want to tell our guest in the audience, Speaker Johnson is going to have a press conference here.
00:05:24.000 We're going to jump into that in a second.
00:05:25.320 It will be Johnson, I think Elise Stefanik, Jim Jordan, just came at a conference.
00:05:29.100 I think it's about the impeachment.
00:05:31.120 Of course, the CR, the Ukraine, a griff bill, all of it.
00:05:35.600 So we'll jump to that in a second.
00:05:36.800 Alex deGrasse, the Democrat, they said, oh, you went on immigration.
00:05:42.160 Joe, come on.
00:05:42.880 Come on out across the country.
00:05:44.140 Run on the invasion of the southern border.
00:05:45.840 We'll do that.
00:05:46.340 We'll do that every day.
00:05:47.580 We challenge you.
00:05:48.220 But here you had an anti-MAGA candidate selected by the party bosses in Nassau County out in Long Island, which is Republican held, but boss controlled.
00:05:58.480 They picked a Democrat, as Laura Loomer told everybody, who was anti-MAGA, anti-Trump, didn't even admit to voting for Trump until this weekend when she was forced to, never endorsed President Trump.
00:06:10.540 President Trump didn't endorse her.
00:06:12.840 But more importantly, it's not just a bad candidate.
00:06:16.300 We have to face facts that we're facing a Democratic machine here that's got the labor unions, they've got the ability to ballot harvest, the mail-in ballots, all of us.
00:06:26.740 Tell us what really happened last night, the reality and the hard facts we have to face in order to make sure we have a sweeping landslide victory across the country in November.
00:06:36.740 Well, thanks, Steve.
00:06:38.820 Yeah, we're certainly out of time, Steve, when you look at what's going on in some of these swing states, because what's happening in New York is what they're looking to do everywhere.
00:06:46.320 So we've spoken about it on the show, of course.
00:06:48.240 This was the first election in New York where we had unregulated, unvetted, and we believe illegal mail ballots, which are unconstitutional based off the state constitution being very clear what the absentee requirement is to get a mail ballot.
00:07:02.380 And we saw certainly in Queens specifically, where it's, you know, very tight, you know, living quarters in terms of kind of how, you know, the city, of course.
00:07:10.340 So the Democrats were able to go around aggressively and sort of harvest these ballots at a level that we could not even comprehend.
00:07:18.260 They moved the numbers there about 15 points from where we were with George Santos.
00:07:21.780 And so that's really what I believe did us in.
00:07:24.260 The snow didn't help as well with some of the seniors and sort of getting our people out on Election Day.
00:07:29.700 So it's twofold.
00:07:30.940 If we don't fight this stuff on all fronts, the, you know, lawfare that the Democrats are doing, it's not just against President Trump, but their lawfare, I say, against legal elections, right?
00:07:41.700 I mean, coming at it from all angles.
00:07:43.120 And we're trying to fight in the state courts.
00:07:44.920 I mean, the lawsuit is Stefanik v. Hochul, and we were unsuccessful, but we're trying as best we can.
00:07:50.920 And we've got to double down in all of these other states to get a handle on it because it's so hard to overcome.
00:07:56.120 We're running a 20 percent deficit going in on Election Day.
00:07:59.820 We can get a foot of snow, then boom.
00:08:02.340 And I think that Trump, President Trump is very popular in this district.
00:08:05.800 It's a district that he lost by eight percentage points.
00:08:08.940 So I certainly would have had a different approach.
00:08:11.700 We all tried very hard.
00:08:13.140 We were outspent two to one.
00:08:15.080 So when you break it down, the money game is a disaster for us.
00:08:18.500 I mean, they are lying to voters on immigration.
00:08:21.640 And, you know, Swazi, I think, is a little unique.
00:08:24.220 So when we just take a step back, it's a little unique.
00:08:27.040 He ran as like a Republican.
00:08:28.580 I mean, his campaign sign said, I will go to fix it.
00:08:31.440 I will fix it.
00:08:33.180 Hang on.
00:08:33.800 Hang on.
00:08:34.160 Hang on.
00:08:34.700 He ran as a center-right Republican.
00:08:37.260 She ran almost as a center-left Democrat, right?
00:08:40.160 She was anti-Trump, anti-MAGA, never reached out to MAGA, made the same stake Lee Zeldin made in not embracing MAGA.
00:08:48.040 And we've seen what Elise and the people in upstate have done with that.
00:08:51.660 But he also, he went farther and compromised much farther than the Democrats in the House prepared to.
00:08:58.540 He ran as a center-right and he never talked about Biden.
00:09:01.800 He would not attach himself to Biden.
00:09:03.340 In fact, he said he did not want Biden to come when the next election is held in November, his real election.
00:09:08.220 He doesn't want Biden to come to the district.
00:09:10.100 Am I incorrect on any of that?
00:09:13.140 You are completely correct.
00:09:15.080 And he ran for governor against Kathy Hochul.
00:09:18.380 And so he ran as a Republican.
00:09:21.720 He primaried Kathy from the right.
00:09:23.440 And so he sort of has name IDs, held his seat.
00:09:25.840 He's very popular.
00:09:26.740 He was seen as sort of a bipartisan guy.
00:09:28.580 He did lean into immigration and was talking about how we don't support this bill.
00:09:32.640 It all lies, all misinformation, all an attempt to try to peel Republican support in Congress and sort of break our ranks.
00:09:40.180 It's so important that Republicans stay united at this critical moment.
00:09:43.800 Securing the border is the top priority.
00:09:45.960 Forty percent of voters in this district considered that the top issue.
00:09:49.780 They saw that.
00:09:50.520 We saw that.
00:09:51.160 They threw a misdirection play.
00:09:52.540 They had the ballot harvesting.
00:09:53.860 They were outspending us two to one, another big issue.
00:09:56.300 We ran an unknown new candidate, and it's very tough.
00:09:59.920 So I think the key, though, is looking at this lawfare, looking at these battleground states, precinct, our guys and girls in the precinct strategy is so important to get involved now.
00:10:09.300 We have no time, no time.
00:10:10.840 And we need lawsuits.
00:10:12.080 We need to be prepared for November, of course, right now, proactively soon.
00:10:16.460 I want to go back.
00:10:17.420 I want to go back to the ticking time bomb.
00:10:19.620 New York passed another law, a state law, underneath the federal law that puts Tish James, correct me, the great Bill McGinley tells me on September, on 20th September of this year, Tish James takes over everything, doesn't she?
00:10:32.620 It all reports to her.
00:10:33.600 And you just saw the labor unions, the ballot harvesting operation they had in Queens is impressive.
00:10:39.620 And we have to face this.
00:10:40.680 This is how they're, they have notes.
00:10:42.220 They have concentrations in college and university towns and in big urban areas.
00:10:46.220 Other than that, the rest of the nation's MAGA, but they're, they're so good at being able to ballot harvest in those concentrations with the bed of voter rolls or voter rolls.
00:10:56.220 They can just gun deck or hide that we have to, we have to have a reality check about the mail-in ballots.
00:11:02.560 Am I, am I missing it there?
00:11:04.980 No, that's exactly right.
00:11:06.360 I mean, they, they're just, that's what I mean, the, we can't even see the spending, Steve.
00:11:12.160 I mean, in New York state union on union communication is not reported.
00:11:16.640 And so you're able to kind of communicate within your union, get people out.
00:11:19.680 They're able to spend massive sums of money that we can't even track.
00:11:22.580 I mean, we were figuring out these Facebook groups, Nassau community pages that look nonpolitical, but they're dark money super PAC Soros funded.
00:11:30.260 They're pumping hundreds of thousands of dollars.
00:11:33.080 I don't want to say misinformation, but obviously just vicious lies.
00:11:36.240 They're throwing everything at the wall.
00:11:38.160 I mean, they ran a good play.
00:11:39.620 I mean, they try to appeal to the middle, they lie about immigration.
00:11:42.800 At the same time, they're pumping their people with abortion, pumping the base, pumping anti-Trump stuff with their people.
00:11:48.880 And they just run a very sophisticated operation.
00:11:51.480 Republicans have to wake up that we need to get a handle on this election, security, ballot integrity, offensive lawsuits, and everything else.
00:11:59.060 Because you look at what changed between 2020 and 2024 is, you know, they've taken Arizona.
00:12:05.040 They control the apparatus.
00:12:06.200 They already, you guess, did through RINOS last time, of course.
00:12:08.880 You look at Pennsylvania, you look at Wisconsin, it gets tough for us.
00:12:13.180 Do we have any good news coming out of Wisconsin at all?
00:12:19.520 Yeah, I mean, we've protected, we've sort of cut our losses a little bit, which could have been a total nightmare.
00:12:24.740 And so I think, you know, they're sort of phrasing this as a win.
00:12:27.020 I think there'll be some further developments, but it's not as bad as people had originally thought.
00:12:31.420 So that's positive.
00:12:32.220 I think, Steve, ultimately, I think this is a unique, special elections are special.
00:12:36.200 That's kind of the key term here.
00:12:38.100 The key is it's all about the House, Steve.
00:12:40.340 That's what, you know, they're already, I understand the Atlantic, they want Biden out, and they're talking about that.
00:12:44.540 There's a lot of buzz about that.
00:12:47.700 Biden's, yeah, the Atlantic and the intellectuals and all that have turned on Biden, there's no doubt.
00:12:53.580 But the House, if the Democrats take the House, I said this in the spring of 18, when Pelosi takes the House,
00:12:58.620 the first thing I'm going to start doing is working on impeachment of Trump.
00:13:00.860 As soon as we win, they're going to start the whole thing on impeaching Trump.
00:13:04.060 The takeaway is not what the media is saying.
00:13:06.220 It's not, look, Swazi knew he had to get to the right of everybody on the border, right?
00:13:10.860 The Democrats are not going to be able to do that nationwide.
00:13:12.820 We know how to counter that on the invasion.
00:13:15.280 The central beating heart of this issue is their ability to steal an election.
00:13:21.380 They stole this election in New York.
00:13:24.240 Okay, first of all, we had a terrible candidate.
00:13:26.220 I don't know how you picked her over the cop.
00:13:27.800 The party bosses, they try to go with the story.
00:13:29.800 Let's get the foreigner that's been in the IDF, that can play to the Jewish community.
00:13:34.300 All of it was an epic fail because they didn't do the acid test.
00:13:38.300 Is she MAGA and will she look for President Trump's support?
00:13:42.100 That's the difference maker.
00:13:43.300 But let's leave the candidate aside.
00:13:45.160 The logistics and mechanics are these guys are perfecting.
00:13:49.400 The Mark Elias opera is perfecting the ballot harvesting.
00:13:53.140 And the mail-in ballots are still there.
00:13:54.560 And they're stealing this, like I said in 2020, they're stealing it by mail-in ballots with these bad voter rolls.
00:14:00.360 And you can't get away from that.
00:14:01.260 Alex, we're going to have you on for much more than this because this is all hands on deck.
00:14:04.880 And this is why the RNC should have been taken over a month ago or three months ago.
00:14:09.040 We can't wait for Birdbrain and her buddy at the RNC, Romney.
00:14:15.380 We can't give her more grace.
00:14:16.440 They should go in there tomorrow, shut the thing down, clear house, clean it out, get real professionals in there to run it and start focusing on how to stop elections being stolen.
00:14:25.660 Alex DeGrasse, what's your social media brother?
00:14:29.340 Thanks, Steve.
00:14:29.840 You hit me on Twitter at DeGrasse81.
00:14:31.040 DeGrasse81, I'm on TruthGetter at DeGrasse.
00:14:33.620 Appreciate it.
00:14:34.380 But so important, lock in, get your list, 5, 10 voters at Target, get them registered and get ready for early vote for sure.
00:14:43.180 Man, oh, man, man, oh, man, oh, man.
00:14:45.320 Alex DeGrasse, thank you very much.
00:14:46.720 Appreciate it.
00:14:47.980 Back in a moment in the war room.
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00:16:19.140 Here's your host, Stephen K. Bannon.
00:16:23.820 Okay, welcome back.
00:16:26.280 A lot to get to today.
00:16:27.700 We've got a packed show.
00:16:28.680 But with this press conference starts, I think we're going to go to this.
00:16:32.400 Johnson put out a very bizarre, I think it's tweet.
00:16:34.760 I think Grace has put my, some commentary I've put up, because this week is absolutely jammed.
00:16:43.060 I mean, you just impeached Mayorkas last night.
00:16:45.960 The Senate said they're going to take it up the first day of the break.
00:16:47.760 They're gone.
00:16:48.400 They're to the Munich conference.
00:16:49.620 They got to go over to the defense contractors in Munich, party with them, hang out with them, stay in the five-star hotels with them and the cocktail parties and get their pay, you know, give them the envelopes, pay them off.
00:17:00.960 That's what it's a payoff.
00:17:01.860 Because they think they're going to supply, you know, $60 billion, we're going to pay all these arms, and you're going to make all this money.
00:17:09.660 And we're in for NATO.
00:17:10.960 Not happening.
00:17:11.940 NATO is not a protectorate.
00:17:13.440 It's supposed to be an alliance.
00:17:14.420 I mean, step up.
00:17:15.440 Huge story in the Financial Times.
00:17:17.260 Guess what?
00:17:18.460 Wonder of wonders.
00:17:20.680 The NATO countries are scrambling to get to 2% before a guy named Donald John Trump puts his hand on his family's version of the King James Bible.
00:17:30.660 So on the near high noon on the 20th of January, 2025, yes.
00:17:36.140 Remember, Danes and McConnell tried to take that away from him by slipping the NDAA that he couldn't pull out of NATO, and he would use that as a negotiating technique.
00:17:45.300 They took that away from him.
00:17:46.300 Totally unconstitutional.
00:17:47.580 That'll be reversed at the Supreme Court one day.
00:17:51.320 But President Trump, using the bully pulpit, now has these guys.
00:17:54.760 And remember, all these governmental guys, most of them over there in Europe, are total scumbags.
00:17:59.640 Total scumbags.
00:18:00.220 I hate America.
00:18:01.060 I hate America.
00:18:01.620 But they want you, the American citizen, to underwrite their defense.
00:18:05.140 So that's what they'd rather spend this money on climate change, right, on other of these cult-like obsessions they have.
00:18:12.180 They don't want to spend it on their own defense because the American Uniparty, who never said their kids over there are all, they're no problem.
00:18:21.040 We'll pay for your defense.
00:18:22.040 We've done it for decades and decades and decades.
00:18:23.980 We've bailed you out of every conflict you've got yourselves into, mainly by not, if you think about it, not paying for, you know, not paying for defense.
00:18:31.620 You know, carry a big stick.
00:18:35.960 Never wanted to do that.
00:18:37.140 So you, problem after problem after problem after problem.
00:18:40.480 And the Americans on taxpayers and your sons and daughters have bailed them out over and over and over again.
00:18:46.000 A guy named Donald Trump says, hey, no more bailouts.
00:18:49.320 We're going to cut to this press conference as soon as Johnson steps up.
00:18:52.340 Like I said, he put a tweet out, something like on this kind of confusing on the, on what Hakeem Jeffries and these guys are trying to do, right, to bring this to the floor.
00:19:04.800 The problem is they've got, they've got problems in their own caucus.
00:19:09.560 There's a bunch of hard people on the left that won't do anything on Israel.
00:19:13.360 So they're going to be missing 30 or 40 points.
00:19:15.400 So you're going to need some real Republicans to step up, not just, we've been talking about the five or six or seven or eight that are retiring.
00:19:21.660 I think they would need more than that.
00:19:23.480 So that may be cut off for them.
00:19:25.040 That, that, that, that alternative may be cut off for them.
00:19:30.340 I think the conference is down there talking about right now.
00:19:32.420 If you code the Hastert rule, they didn't even have the ability to bring up the Ukraine thing.
00:19:36.920 Cause I'm sure there's 135 or 140 people are saying we can't do that without border protection, maybe more.
00:19:42.720 So this thing, but on the CR, he made a statement.
00:19:46.680 Oh, we'll have time.
00:19:48.440 Cause they said the Senate's out.
00:19:49.800 You better get ready for another CR right now.
00:19:51.820 Remember Johnson said no more CRs, none, zero, the null set.
00:19:56.520 And I just said, it's very simple.
00:19:57.760 Shut down the border or shut down the government.
00:19:59.600 You could have done this a month ago and we probably would have a solution by now.
00:20:04.740 You'd have a couple of weeks for the media going crazy, which you probably, you probably have a solution.
00:20:09.160 Cause you force him to the table and you force him to do three, four or five things like Peter Navarro and others laid out that President Trump had executive order.
00:20:16.800 You could do it.
00:20:17.160 You don't need, you don't need, you don't need legislation.
00:20:20.460 You don't need statute to do this.
00:20:23.100 Last night, the takeaway is that the Democrats are panicked about the invasion of the Southern border.
00:20:29.700 And, and, uh, and Sousa, the guy, um, could act like a centrist or center right Republican in a democratic district, but he was all for, we're going to take care of the problem.
00:20:40.040 We got to close the border.
00:20:41.040 We got to do this.
00:20:41.620 We got to do that.
00:20:42.300 You know, all this big democratic big talk that they never do.
00:20:45.540 Cause you remember they want an open border.
00:20:47.320 It may have something to do with the way they steal elections.
00:20:49.860 I'm just saying, I'm just throwing that out there as a possibility, but it's something that you ought to consider.
00:20:55.800 But the RNC, the Republican establishment in New York, and I think Ed Cox, they put out some happy, clappy, what a great candidate she was.
00:21:03.200 No, she was a terrible candidate.
00:21:04.380 Let's be blunt.
00:21:05.060 She was a terrible candidate, a terrible selection, didn't have a primary.
00:21:08.000 The bosses picked her.
00:21:09.200 And of course you might've vetted, where do you stand with president Trump?
00:21:12.540 Do you support MAGA policies?
00:21:15.000 Are you MAGA?
00:21:16.120 Are you pro Trump?
00:21:18.060 Are you going to seek his endorsement?
00:21:19.640 How come you haven't endorsed him?
00:21:21.700 Et cetera, et cetera, et cetera.
00:21:23.040 Oops.
00:21:24.320 Didn't do it.
00:21:25.060 And got the same fate as Lee Zeldin.
00:21:27.300 If you don't embrace MAGA, you don't embrace Trump, you're not going to win.
00:21:30.000 Oh, we can't do that.
00:21:30.840 It's the New York Times.
00:21:31.600 No.
00:21:32.500 There's so many MAGA voters in that district that would have come out.
00:21:36.120 That would have come out.
00:21:37.360 We better get on top of this because it's now Laura Trump and that team, new team's going to go take over the RNC.
00:21:44.820 Rana should be gone this afternoon.
00:21:46.160 We don't have time to waste.
00:21:48.060 Every day is like a week or a month between now and November.
00:21:52.600 And they're not going to walk in on day one.
00:21:54.860 It's going to be sorted.
00:21:55.540 It's a mess.
00:21:56.180 You've got to blow out two-thirds.
00:21:57.520 You've got to purge two-thirds to 80% of the building have got to go because they're never Trumpers.
00:22:03.140 You've got to get rid of all the consultants.
00:22:04.620 You've got to figure out all cash is going to be used.
00:22:07.180 And like Laura said, 100% of the cash is going to go to, like, President Trump and the media is going, oh, she didn't talk down ticket.
00:22:14.660 If Trump – and when Trump wins and how big he's going to win with the margins, if you drive the margins, the updraft will take care of the down ticket.
00:22:21.420 You don't have to worry.
00:22:22.000 There's so much going on.
00:22:25.420 I want to go back.
00:22:26.040 I've got Brian Costello here.
00:22:27.140 We are going to jump, and I think we'll even try to blow the break if Johnson gets up and starts talking.
00:22:32.460 Brian Costello joins us.
00:22:34.220 The other thing that's being missed in all this is TikTok, Gallagher, TikTok.
00:22:39.300 TikTok is a – let me just be blunt.
00:22:41.180 As you remember, this show starting in 2018, we're all over trying to get TikTok banned by President Trump's administration, all over people to do it.
00:22:51.100 TikTok is a Chinese Communist Party information warfare platform, full stop, full stop.
00:22:58.240 It had a major impact in the 22 election, and it's going to have a huge impact in the 24 election unless we get on top of it.
00:23:04.540 Brian Costello, your thoughts.
00:23:07.620 Steve, I think what you're talking about is related.
00:23:11.180 Let me lay this out for people pretty simply.
00:23:15.000 TikTok, right?
00:23:16.800 How many – we got 8 to 10 million new immigrants in the country, maybe as much as 20 million by the election comes.
00:23:25.420 There's one place that knows where all those immigrants are and can instruct those immigrants, and it's TikTok.
00:23:32.160 TikTok, geo-located at the border, tracked to a state, and then fed directions by our enemy to move them to swing states to change the outcome of an election.
00:23:42.860 TikTok knows where all the immigrants are.
00:23:45.400 They've instructed them over the border.
00:23:47.200 They know where they're going to go.
00:23:49.540 They're aligned and controlled with our enemy.
00:23:51.860 And I'll put another piece that will even surprise you.
00:23:54.320 Who's now the climate czar that's interacting with China?
00:23:59.200 You know, the consummate election interference guy, John Podesta.
00:24:02.340 Right?
00:24:04.280 So I would not – you know, these polls, these Trump polls, they don't take into account illegal voting.
00:24:11.540 And that illegal voting is now substantial.
00:24:14.000 So the border, TikTok, the ability of our enemy to instruct people to vote, and the benefits they might get by keeping the Biden and the current administration in place is a tremendous threat to our country.
00:24:26.860 And we're now seeing Gallagher reach across the aisle to Warner to figure out how to – we've tried this game again – to figure out how we're going to separate TikTok in order to protect the donors.
00:24:40.000 The algorithm is the issue.
00:24:41.840 Hold – hang on a second.
00:24:46.100 Warner and Gallagher are putting on the traditional Washington game of looking like they're trying to solve the problem, and all they are doing is making the problem worse.
00:24:54.840 Am I wrong in that?
00:24:56.020 Are you going to explain why I'm correct?
00:24:58.880 They're trying to obfuscate the problem to protect the donors.
00:25:01.880 That's what they're trying to do.
00:25:03.120 You've got Gallagher who's now leaving office, you know, who wants to be in good with all the donors that control TikTok, right?
00:25:09.540 Now wanting to reach out with Warner, who Warner has a history.
00:25:13.280 Warner warned venture capitalists back in 2019 about investing in China.
00:25:17.400 You know what they did after his warning?
00:25:19.060 They continued funding weapons in China for their own prosperity, right?
00:25:23.520 And then they funneled that – some of that prosperity into the Democratic Party and, you know, smidgens into McCarthy and the Republican Party, okay?
00:25:32.720 So now he, a year or two ago, passed to build a band TikTok supposedly, but he made it so broad he knew it would never pass.
00:25:41.120 It was about controlling all social media, even social media.
00:25:43.760 It was as much about controlling Elon Musk and true social and platforms like that as it was controlling about TikTok.
00:25:50.320 So now this is who Gallagher is going to reach out to as he's leaving office across the aisle.
00:25:56.020 The same week that Biden goes on the platform.
00:25:58.780 Like, you can't even make this stuff up.
00:26:05.020 What needs to be done in your – by the way, Biden goes on the platform and now he's getting controversy.
00:26:10.000 Remember, everything you see in the foreground is pro-wrestling.
00:26:13.100 Their investors are going to make hundreds of billions of dollars off TikTok.
00:26:16.920 Hundreds of billions of dollars.
00:26:18.060 And these guys know it.
00:26:19.620 What do you recommend right now, Brian Costello?
00:26:21.860 If we want to shut down – if we want to shut down TikTok as an information weapons platform in the United States, what do we need to do?
00:26:30.980 Yeah, and Steve, there's another angle to this, which with those TikTok investors, they're going to take the Zuck bucks and they're going to do ballot harvesting in the swing state.
00:26:38.440 So this stuff is not being figured into the polls.
00:26:41.800 TikTok – so J.D. Vance, Matt Gaetz, all these guys, they need to confront.
00:26:48.060 That the Biden administration is covering up crimes for the principles behind TikTok.
00:26:53.180 And now he's on the platform.
00:26:55.480 Okay?
00:26:56.160 His National Security Council obstructed justice into an investigation.
00:27:01.160 We have multiple investigations into TikTok.
00:27:03.240 DOJ, it was supposedly listening to journalists.
00:27:07.060 And that investigation seems to be getting quashed.
00:27:09.280 This election is 100 percent about the border, bringing immigrants into the country, into a swing state, and having a Chinese propaganda platform that can direct them, and then having a billionaire oligarch donor class that's so wired into its financial success that is going to funnel money into states.
00:27:30.620 And do not be fooled by McCarthy's trying to bring some of these guys close to Trump.
00:27:35.540 That's actually part of the setup.
00:27:37.020 It's definitely part of the setup, 1,000 percent.
00:27:42.520 Brian, we've got to bounce.
00:27:43.980 Where do people go?
00:27:44.880 Oh, one last thing.
00:27:47.000 I've got to go.
00:27:47.920 And Kyle Bass finally said the quiet part out loud.
00:27:51.420 McConnell's sister-in-law mysteriously passed away last week or last couple of days.
00:27:58.900 And now we're hearing more and more.
00:28:02.280 Tell me about Kyle Bass's tweet this morning about this because folks understand, behind the scenes, this is one of the biggest exploding stories in the whole anti-CCP capital markets, those billionaires who are in business with China.
00:28:17.840 What happened here?
00:28:19.680 Steve, we'll tie it together for everybody.
00:28:22.220 It's all related, right?
00:28:23.120 You know, the idiot at the top of the show, Haley, said we don't have kings in this country, but we do have an oligarchy establishment, right?
00:28:29.380 And that's media, big donors, and established politicians that run America for their own interests.
00:28:34.520 And that group's wired into China's success, right?
00:28:37.540 And, you know, condolences to the Chow family and the McConnell family for the loss.
00:28:41.840 Angela Chow, who is Mitch McConnell's sister-in-law, Elaine Chow's sister, passed away suddenly in Blanco County, Texas.
00:28:51.140 And Kyle Bass has tweeted out, and Kyle has a farm in Texas.
00:28:55.220 And it's important to note, Elaine Chow's husband is Jim Breyer.
00:28:59.440 So he's one of the oligarchs, right, that control this company.
00:29:02.640 He's McConnell's brother-in-law.
00:29:04.260 He's a billionaire donor wired into China.
00:29:06.820 The company he was chairman of, and I'm throwing a lot of people here, IDG, just one on the military list.
00:29:13.320 He was at Davos and talked about China being uninvestable.
00:29:17.100 And now Kyle Bass is talking about, who has good sources down there, Kyle has a ranch in Texas, is Angela Chow, Mitch McConnell's sister-in-law, Tesla, backed up into a pond, and she drowned.
00:29:31.200 And I'm now hearing from very good sources that the Blanco County Sheriff has a video of this.
00:29:37.720 And what is going to be revealed is going to completely shock people.
00:29:41.300 Okay, we'll save that until it comes out.
00:29:46.320 But let's people know, this is a big story, and we're going to be following it.
00:29:50.100 McConnell's, because, you know, McConnell and Elaine Chow are totally wrapped up with the CCP.
00:29:56.660 The sister-in-law is totally wrapped up with the CCP.
00:29:59.700 And now she has mysteriously expired or got suicided.
00:30:05.040 Let's say, who knows?
00:30:06.020 But we'll find out.
00:30:07.200 And let's just not underestimate that.
00:30:09.980 Let's not underestimate that she was in a Tesla, Steve.
00:30:13.420 I will just leave that there.
00:30:17.640 In a Tesla.
00:30:18.860 And there will be more information coming out about that.
00:30:21.480 Brian, where do people get you on social media?
00:30:24.340 Twitter, at BP Costello, or X.
00:30:26.560 I can't call it X, but.
00:30:29.700 I can't call it.
00:30:31.120 It's Twitter.
00:30:32.660 Yeah.
00:30:33.260 Twitter, formerly called X.
00:30:35.120 Thank you so much, Brian Costello.
00:30:36.640 I appreciate it.
00:30:37.840 All right, thanks.
00:30:38.320 We were trying to get Robbie Starbuck.
00:30:40.320 Robbie, remember, we put this picture up, this film last week.
00:30:43.700 I think, War on the Children.
00:30:46.220 Robbie Starbuck.
00:30:47.020 We had 45 minutes with Robbie and his wife last week with a new film about all of it,
00:30:53.140 about trying to destroy the American family, trying to destroy the children.
00:30:59.700 That, Robbie got notified, I think last night or the night before, that that, the advertisement
00:31:06.680 and the film itself, all of it has been banned off of TikTok for a decade.
00:31:11.640 So this film that's pro-American family and talks about the forces trying to destroy it,
00:31:16.680 particularly the craziness of all that, has been banned for 10 years.
00:31:20.460 Okay, Speaker Johnson's at the mic.
00:31:22.900 I'll put Brad on hold for a minute.
00:31:24.300 Let's go to Speaker Johnson.
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00:32:54.440 Thank you.
00:32:55.800 Good morning, everybody.
00:32:57.000 Thank you for being here.
00:32:58.100 It is Ash Wednesday and also Valentine's Day, as has been mentioned.
00:33:01.820 The American people are not feeling very loved right now, though.
00:33:06.100 They're not they're not feeling heard by the Biden administration.
00:33:09.060 And I'm going to recap a few of the things that we've you've heard here this morning already.
00:33:12.760 First of all, regarding this fitness for office of the president, Americans have been speaking out about the president's mental acuity and the double standards within his Justice Department.
00:33:24.000 On Thursday, as you know, the special counsel confirmed that President Biden mishandled classified materials in a way that presented serious risk to national security.
00:33:33.360 He broke the law, but he's not going to be charged.
00:33:36.160 Why is that?
00:33:37.040 Well, special counsel said that it decided not to indict the president in part because there are significant limitations on his memory.
00:33:43.920 And a jury wouldn't convict him because he would be presented as, quote, an elderly man with a poor memory that that did not inspire confidence among the American people.
00:33:54.780 It's of great concern to us.
00:33:56.960 Ultimately, they're indicting.
00:33:58.940 Remember now the DOJ is indicting one president with politically motivated charges, and they are now carrying the water for another amid very similar allegations.
00:34:09.040 A man too incapable of being held accountable for mishandling classified information is certainly unfit for the Oval Office.
00:34:17.220 And everyone in this room, if you just ask yourself that question, you will come to the same conclusion.
00:34:22.240 On energy, this isn't the only issue, you know, that the Biden administration is facing criticism for.
00:34:27.240 Americans have expressed their frustration with his attacks on energy independence.
00:34:31.460 We say all the time here that energy security is national security.
00:34:35.700 The two things are directly related.
00:34:37.540 It's also the lifeblood of the U.S. economy in so many ways.
00:34:40.840 But the president has paused pending approvals on exports of liquefied natural gas.
00:34:46.420 Why?
00:34:47.000 Why would he do that?
00:34:48.320 It's completely counterproductive for our country, and it is dangerous.
00:34:52.280 My home state of Louisiana happens to be the largest producer of America's LNG.
00:34:56.460 We try to export that around the world.
00:34:58.700 But he is stalling LNG export terminals like Calcasieu Pass 2.
00:35:03.860 It's nothing but a political ploy to appease radical climate activists at great cost.
00:35:10.640 Job creators and energy producers are going to have to pause their projects.
00:35:14.020 It's going to jeopardize thousands of U.S. jobs.
00:35:16.860 And our partners in Europe, who were promised an alternative to Russian energy, will now
00:35:22.260 have to source fuel from Moscow.
00:35:24.840 They're going to line Putin's pockets.
00:35:27.440 If we don't send American LNG to our friends and allies in that part of the world, they will
00:35:32.420 have to go to Moscow to get it.
00:35:34.940 We'll have to turn energy sources that aren't as clean, that our European friends and allies
00:35:40.220 will turn to these sources that are not as clean.
00:35:41.820 Russian gas is not as clean as U.S. gas to make up for all those losses.
00:35:46.900 And that's why this week the House is moving on legislation to depoliticize the LNG permitting
00:35:51.100 process.
00:35:52.220 House Republicans are going to do our job.
00:35:53.640 We're listening to our energy producers who are standing for energy independence, which
00:35:57.560 is good for every single American.
00:36:01.020 Regarding the border, you know, talk about the American people not being listened to.
00:36:06.320 They are crying out to the Biden administration to secure the border.
00:36:09.480 This is not a Republican issue.
00:36:11.080 It's an issue for every single person, and everybody knows it.
00:36:15.340 We know the stories of children being poisoned by fentanyl and cities being overwhelmed by
00:36:19.280 migrant surges.
00:36:20.440 We know House Republicans have shown that we are listening to and holding the administration
00:36:25.840 accountable for this catastrophe.
00:36:27.820 We're listening to the people.
00:36:28.760 We're taking action to hold Biden accountable.
00:36:31.320 Last night, the House voted to approve articles of impeachment against Secretary Mayorkas.
00:36:35.320 Desperate times call for desperate measures.
00:36:37.440 We had to do that.
00:36:38.480 He has abdicated his responsibility.
00:36:40.040 He's breached the public trust, and he's disregarded the laws Congress has passed.
00:36:44.880 But much more has to be done, of course, to secure the border.
00:36:47.600 And what the Senate produced this week is silent on that issue.
00:36:51.360 Senator McConnell and I have spoken about this in frank sessions, and let me be clear here
00:36:54.840 again this morning, the Republican-led House will not be jammed or forced into passing a
00:37:00.120 foreign aid bill that was opposed by most Republican senators and does nothing to secure our own
00:37:07.080 border.
00:37:08.400 It's time for Washington to start showing some love to Americans.
00:37:11.520 On Valentine's Day, this is a good day to point this out.
00:37:13.540 You need to listen to the American people and their needs and take action.
00:37:16.740 And that's why House leadership will continue to govern with Americans' interests at heart.
00:37:21.640 But then I'll take some questions.
00:37:23.080 Back row.
00:37:24.000 Yeah.
00:37:24.260 Senator Johnson, last night there was about a nine-point screen from Democrats, from Republican
00:37:29.340 senators in New York City.
00:37:31.460 Does that mean that House Republicans have a challenge in keeping the majority?
00:37:37.760 If we find any—yeah, let me have it.
00:37:40.020 If we find any interesting questions, right there you just heard it, will not be jammed.
00:37:46.840 If anything comes up on the CR, let me know about that right away.
00:37:51.980 Also, they're putting out that they're going to have this secret FISA.
00:37:56.200 I think Turner, the Intel chairman, just put out a tweet that they are going to have this
00:38:00.440 secret hearing, I guess, or secret meeting of the—or behind closed doors, behind the—for
00:38:07.640 the first time since, I think, I don't know, 1830, 1813, let's say a long time ago, for
00:38:13.440 the House.
00:38:14.380 Quite extraordinary.
00:38:17.140 Santos embraced Trump, and I think won by eight points.
00:38:23.960 This foreign candidate they got, and this is how the GOP makes mistakes.
00:38:28.860 They think, oh, she checks every box.
00:38:30.440 You have to get MAGA, and they don't have to be cops.
00:38:33.940 If she was full MAGA, she probably could have been okay.
00:38:37.840 But you also have to fight and be—and understand that you've got to go on offense on this ballot
00:38:43.220 harvesting.
00:38:44.380 Once again, in New York, this is exactly how they stole it, exactly how they stole it again.
00:38:49.860 You had a weak candidate.
00:38:51.000 She would not support Trump.
00:38:52.140 She did not endorse Trump, which is kind of shocking.
00:38:56.580 I mean, how do you run—how do you run right now when Trump is not just the—he's going
00:38:59.880 to be the nominee, and we're taking over the RNC momentarily.
00:39:03.760 I don't know how that happens.
00:39:05.300 I don't know how the party bosses in Nassau—I don't know what they're thinking.
00:39:08.660 And they're blaming it on, oh, snow, and we had a game day problem.
00:39:12.760 It was an inch or two of wet snow, a couple of inches of wet snow.
00:39:17.260 Come on, it's New York City, man.
00:39:19.120 Those are tough folks up there.
00:39:21.520 The news from Johnson, I will not be jammed on the Ukrainian spending bill.
00:39:26.060 Well, time will tell.
00:39:27.140 We'll see about that.
00:39:28.660 Let's bring in Dave Bratt.
00:39:29.760 Dave, I want to talk—people are worried, and you can tell in the Queens, Nassau County
00:39:37.080 district, that it was immigration, invasion of the border, and the economy, the ability
00:39:44.700 to live, inflation, et cetera, et cetera, et cetera.
00:39:48.320 You've done some work in this inflation.
00:39:50.120 Yesterday's numbers were horrific.
00:39:51.640 Walk us through what you have—your observations and analysis.
00:39:55.000 Yeah, well, if Denver wants to put up the first chart on inflation, the one thing you'll
00:40:02.060 never hear on the mainstream media is an interpretation of that graph right there, right?
00:40:08.440 So I'll just simplify using three numbers, which are roughly the case.
00:40:12.620 Say you have three years of inflation, 10 percent, then 5 percent, then 5 percent, right?
00:40:18.300 So you've lost 20 percent of your purchasing power, 10 plus 5 plus 5.
00:40:23.300 Inflation, the rising price level, eats away at all of your dollars, what you can purchase
00:40:29.500 with them, and don't forget about your savings accounts and your pension accounts.
00:40:34.760 That 20 percent hit hits all of those accounts as well.
00:40:38.800 So thanks to the Federal Reserve bubbles, right, having the interest rates of zero percent for
00:40:43.340 the fat cats for over a decade, we're living out—you're living out the experience of that
00:40:48.600 chart right there.
00:40:49.460 That is the downward trajectory of your purchasing power.
00:40:53.300 Right?
00:40:53.980 And so when I say inflation goes from 10 to 5 to 5, that's roughly what happened.
00:40:59.320 It's, you know, Coors at 4 right now about.
00:41:01.960 And the upshot of that is nowhere in that story did prices go down.
00:41:08.660 They want to tell you inflation went down, but prices went up by 10, then up by 5.
00:41:14.780 They're still going up by 4 percent.
00:41:17.160 And this is the number one political issue that gets under the American people's skin.
00:41:22.580 Yeah.
00:41:22.980 This is the lived experience.
00:41:24.980 This is why the happy talk you hear on MSNBC—oh, inflation is down.
00:41:28.420 Okay.
00:41:28.740 I want to make sure we go back, because this is pretty simple how to think about it.
00:41:32.460 And once again, Dave Bratt does this brilliantly.
00:41:34.700 As I keep hammering away when I talk about birch gold and the BRICS nations, and the BRICS nations
00:41:39.740 don't have to take this, that the purchasing power of the dollar is down roughly 20 percent,
00:41:45.160 right?
00:41:45.620 Yeah.
00:41:45.760 Which is massive.
00:41:46.680 It's down 20 percent in a couple of years.
00:41:48.640 Four years.
00:41:49.000 This is what Brad's saying.
00:41:49.620 Three, four years, yeah.
00:41:50.260 Brad's saying, you got three or four years.
00:41:52.320 He says you got to look at inflation as a cumulative, because once you go 10 percent, that's the
00:41:57.980 new base.
00:41:58.600 When they talk about 5 percent, that's off that 10 percent increase.
00:42:01.380 Boom, another five.
00:42:02.260 When they talk the 30 or another five, that's off the 15 percent increase.
00:42:07.040 It's like compound interest.
00:42:08.680 It's the kind of inverse of compound interest.
00:42:11.080 So if you add it up, guess what you get?
00:42:13.040 Roughly 20 percent decline in purchasing power of your dollar.
00:42:16.240 That's the lived experience of people in this country.
00:42:20.420 So when they're on MSNBC and Biden's walking to the microphone, inflation's coming down,
00:42:25.380 everything like that, the rate of increase is maybe slightly coming down, but your life
00:42:31.680 ain't changing that much because you're purchasing power and wages are not increasing by that.
00:42:37.140 This is the key point.
00:42:38.360 This is why, and as long as they can, okay, so just to continue on with the madness, set
00:42:44.880 that in your mind, okay, I got it.
00:42:47.120 As inflation keeps going up, my purchasing power, my dollar is less and less and less.
00:42:51.840 It only gets worse as they have, it's not even about cutting interest rates now.
00:42:57.080 The embedded structural issues with the deficits and how you finance the deficits are why you're
00:43:03.980 not going to be able to get off of this, that the purchasing power is going to continue to climb.
00:43:07.720 This is why if you go to birchgold.com slash ban it and get the end of the dollar empire,
00:43:13.500 this is why, and you see so many commentators and big shots, you know, from, from Tlaib
00:43:18.080 to Jim Rickards, all these guys that are brilliant now coming on and saying, hey,
00:43:21.760 we see what the BRICS nations are doing.
00:43:23.720 This is what we've been talking.
00:43:24.720 This is why I started the end of the dollar empire a couple of years ago,
00:43:27.560 because we could see that this was going to happen from Biden's first day.
00:43:31.760 He took a Keynesian, President Trump had already done enough.
00:43:35.080 If you go back, let me take it a different way.
00:43:37.020 If you go back to the worm impeachment, one of the things we kept talking about was this
00:43:41.680 massive decline in aggregate demand that the pandemic was definitely going to have,
00:43:47.420 as the nation shut down, you're just going to have a drop in aggregate demand because
00:43:50.520 people were sheltering and doing all these types of things.
00:43:53.260 And you had to have a bridge.
00:43:54.560 Remember we used to talk about a bridge and that bridge was going to be a Keynesian solution.
00:43:57.960 This is President Trump's first policy set that he worked on with Peter Navarro,
00:44:03.460 who will join us at the top of the hour.
00:44:06.000 That bridge over the massive drop in aggregate demand did a pretty good job.
00:44:11.440 Biden came in when the aggregate demand problem was essentially solved,
00:44:15.920 and he had two massive multi-tillion dollar spending bills.
00:44:20.240 One was the American Relief Act, which once again, that was the 1.9,
00:44:23.780 that we railed against, and Larry Summers and others, you remember Dave Brett at that time,
00:44:28.260 railed against this thing.
00:44:29.560 That was what started the massive inflation, right?
00:44:32.380 That right there when he infused that.
00:44:33.580 Then they came back again with the infrastructure, their, you know, the Inflation Reduction Act,
00:44:38.760 the American Recovery, the inflation reduction.
00:44:40.640 It had all these phony names.
00:44:42.340 All it was doing was massive infusion, what I call fiscal irresponsibility.
00:44:47.820 That's fiscal is the budget side of it.
00:44:49.340 Fiscal irresponsibility that the Federal Reserve and Powell went along with.
00:44:54.280 They just kept printing the money.
00:44:55.700 They just kept printing the fiat currency.
00:44:57.580 And voila, voila, here we are.
00:45:00.040 You know who understood that?
00:45:01.520 And I don't totally agree with his analysis, but he sat there for seven minutes on Tucker Carlson.
00:45:05.860 And as, you know, Tucker will first tell you, this is not his line of country.
00:45:09.920 Putin just walked through why they don't have to put up with it.
00:45:13.900 This is the central thing, and this is why you have to at least look at gold as a hedge.
00:45:18.040 I'm not saying it's an alternative to if you're going to put in stocks and bonds, but as a hedge.
00:45:22.940 And everybody will be thinking about this because the BRICS nations are sitting there,
00:45:26.200 and they're doing Dave Bratt's math, and they're seeing $2 trillion on another $80 billion supplemental
00:45:31.560 and another supplemental over here, and the child tax credit is going to be $1.5 trillion,
00:45:36.180 which no Republicans have even talked about.
00:45:38.580 They're sitting there, and they all went to Harvard or Stanford, and they're working on their HP-12Cs,
00:45:43.460 and they're going, hey, I think Bratt's on to something.
00:45:46.240 In fact, I think the purchasing power may drop by 50%, and maybe the deplorables and MAGA
00:45:52.620 and the rest of the citizens of the United States, maybe they have to suck on that, but we don't have to,
00:45:58.120 and we've got to look at another alternative.
00:45:59.760 Is that essentially what's going on, Dave Bratt?
00:46:03.840 Yeah, that's the case.
00:46:05.020 And Chairman Powell came on with a gall to say that they ought to pay attention to fiscal policy
00:46:11.200 after what you just got done saying.
00:46:13.360 They validated and accommodated over $20 trillion of fiscal spending.
00:46:19.560 And then another chart that came out yesterday, the volatility index,
00:46:23.280 if Denver wants to just pull that one up for two seconds,
00:46:26.660 this thing's just another receipt, right?
00:46:28.700 We've been pounding receipts for three years on this real economy.
00:46:32.340 And this volatility index went up again at the far right in that yellow block
00:46:39.020 to periods back in 2018 when we had huge volatility.
00:46:43.440 Why do you get this huge volatility?
00:46:45.700 Because of the probability of the Federal Reserve dropping the interest rate by a quarter percent.
00:46:50.880 Right, the hedge funds, all the wizards of Wall Street are locked into these charts
00:46:55.740 instead of into the real economy, which is linked to the welfare of the American people.
00:47:01.940 Wall Street does not care about you at all.
00:47:03.980 They're making bets on when to get out of this house of cards, right?
00:47:08.040 It's really getting close right now.
00:47:10.720 And then in closing, the hill today, I made the hill today.
00:47:13.800 I'm kind of proud of it.
00:47:15.160 On those who should not be governing.
00:47:16.980 And boy, do I have 180-degree opposition to their article.
00:47:22.160 Those who have governed for the past 30 years have put us in this ditch.
00:47:27.880 They have created this Federal Reserve policy.
00:47:30.080 They've created the $34 trillion in debt.
00:47:32.620 They've created productivity at 1.5%,
00:47:36.540 which means your pay is going to grow at max 1.5% for the next 20 years, according to CBO, right?
00:47:43.840 Wrong people are retiring from Congress.
00:47:45.560 They want the swamp to stay in the swamp.
00:47:48.140 Very clear on that.
00:47:49.600 None of the people that are trying to take down the border or put some reins on spending
00:47:54.540 or put some hits on China, those people are all villains in D.C.
00:47:59.500 They're heroes to the American people.
00:48:01.760 But all the money, and boy, the money, I can tell you money stories, they come after you.
00:48:06.540 And so I just want to give a shout-out to all the heroes who are still standing firm on the main issues of the day,
00:48:15.340 and it's growing.
00:48:16.040 Thanks to the war room and the people out there listening, you've been just heroic in your efforts.
00:48:21.180 At base, this is always a moral issue.
00:48:25.280 Don't let the economists ever fool you into thinking this is just a numbers game.
00:48:29.880 It's a moral issue about your concern and your love for this country and your kids and your family.
00:48:34.600 And let that inspire you.
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00:50:29.200 Make sure you take action on this today.
00:50:32.040 This IRS grind is only going to get much worse.
00:50:34.860 This is Republic ending if we don't stop it.
00:50:41.980 Let me make an additional point to Dave Brett, the heroic Dave Brett, is that Jamie Dimon and these guys have been saying,
00:50:50.580 hey, now they're waking up and they're going, it's 10 years, and that catastrophe, once it hits, it can't be reversed.
00:50:56.380 Right.
00:50:57.140 Okay.
00:50:57.800 Right.
00:50:58.500 Kane over at Citizens Free, Kane, the great Kane over at Citizen Kane at Citizen Free Press did a brilliant thing last week.
00:51:07.600 He took the debt clock, and I didn't even know you could do this, so Kane schooled me.
00:51:12.740 Kane took the debt clock, put it up on Citizen Free Press, but there's a toggle switch down there.
00:51:17.780 At the same rate you're spending, you can put it any time in the future.
00:51:21.360 I think he put it four or five years, and it showed how much – this is increasing at an increasing rate.
00:51:27.120 The $50 trillion is not 10 years away.
00:51:30.020 It's not 10 years away.
00:51:31.640 Right.
00:51:31.980 We're going to get to the $50 trillion.
00:51:34.280 It's so quick it's going to shock people.
00:51:36.280 I think it's going to be five years, and we've got to be planning for that.
00:51:39.160 My point, if this is not shut down now and this is not the hill we die on, then you're not going to have a republic.
00:51:45.200 If it continues to go with the sophomoric discussion, and it is quite sophomoric, and you hear Padilla, this new senator from California, on the new show The Weeknd, which I recommend on MSNBC everybody watches because it's the inverse of the war room.
00:52:00.060 They take the same topics, but they put the crazy MSNBC spin on it, right, with no facts.
00:52:06.280 He's sitting there going, oh, we have to increase spending because they call it investments.
00:52:09.800 That's their new thing.
00:52:10.540 It's investments.
00:52:11.280 Everything is an investment because they understand that word is like a Frank Luntz word.
00:52:15.740 That's a good word.
00:52:16.440 So everything is an investment.
00:52:17.820 If we don't stop, and that's why we have to shut down the government on March 1st, anybody that is not for stopping the CR process, stopping the omnibus and have the fight right now, have it on the border, but also have it on the spending is not on the side of the American people and certainly not on the side of rationality because what we're doing now is irrational.
00:52:40.100 I sat around with the Warren posse all weekend and listened to that debate in the Senate, and they are detached from reality, detached from reality.
00:52:51.460 It is – and Schmidt said it.
00:52:52.840 Anybody I think under 45 voted against that thing in the Republican Party, the old codgers voted for it because they're in a time warp, right?
00:53:00.160 They're like from the land that time forgot.
00:53:02.460 This is a national security crisis on the border, but I got to tell you, the ticking time bomb, the ticking time bomb in Washington, D.C. is, I actually think, at the scale or even bigger because we can have – we can deport.
00:53:19.220 Not going to be easy.
00:53:20.900 Not going to be easy at all, but we can deport.
00:53:23.680 You can't reverse what they're doing in Washington, D.C. right now in capital markets.
00:53:27.220 It's not easy to reverse.
00:53:28.960 We're never going to pay down one penny.
00:53:30.680 We're not paying – we're $2 trillion deficits.
00:53:33.460 Think of the scale of that.
00:53:34.780 Think of the magnitude of that.
00:53:35.980 If – in the beginning of the Trump administration, if we had said in 2017 the first budget we're going to have – if we had talked about a $2 trillion deficit, people would go, have you lost your mind?
00:53:45.620 This is just a couple of years ago.
00:53:47.620 The scale of this, and it's not discussed, this audience – and what we're trying to do here is make sure a working class and a middle class audience understands the basic foundational elements of macro.
00:53:57.620 Because once you understand that, you figure out the law and con, you figure out the control, and this is why – Powell actually said his buried lead, besides telling them that, hey, illegal immigration is what's keeping wages down because they're crushing the working class and they could care less about it because they think they have those guys enslaved.
00:54:15.660 But he actually says the Fed reports to Congress.
00:54:18.260 He made that kind of slip.
00:54:19.260 Well, that would be news to the guys in Congress because you keep talking as an independent entity.
00:54:23.280 The Federal Reserve has to – we have to end the Federal Reserve.
00:54:26.920 We have to restructure the Federal Reserve because right now it's not independent.
00:54:31.700 It is in the grasp of the lords of easy money of Wall Street, and that's why they continue to print fiat currency.
00:54:37.540 The 1 percent – the concentration of wealth to the 1 percent increases.
00:54:41.600 90 percent of people in this country don't really have anything.
00:54:44.920 You can't run a nation – excuse me.
00:54:47.260 Let me say it a different way.
00:54:47.900 You cannot run a constitutional republic where 90 percent of the people have no piece of the action and are not going to get a piece of the action.
00:54:56.500 The framers understood that.
00:54:58.160 Hamilton understood that.
00:54:59.820 Jefferson understood that.
00:55:01.340 John Adams understood that.
00:55:02.940 Ben Franklin understood that.
00:55:04.580 General Washington understood that.
00:55:06.260 All of them understood that to be different than the empire of England, you had to have something that the yeoman farmers and everybody had a piece of the action and therefore everybody being harnessed to pull the same way.
00:55:17.540 Not that it's leveling, not that everybody's got the same piece of action.
00:55:20.560 Nobody's ever argued that.
00:55:21.980 But right now you've got a 10 percent, a 5 percent, and particularly 1 percent that controls – they control the game, and the game continues to give them concentration of wealth.
00:55:31.020 That, ladies and gentlemen, is the beating heart of the problem in this country.
00:55:35.100 If the framers came back and see how we've essentially – they fought and put their sacred honor and their lives in the hangman's noose to break off from an empire that was just in its ascendancy.
00:55:46.080 Remember, they were getting on the ground floor.
00:55:48.580 India was just coming around.
00:55:49.860 The Brits were with the royal navy who were going to run the deal, right?
00:55:52.560 And they had the prime reserve currency called the pound.
00:55:55.580 And these guys at the beginning said, no, we want out because we see where that's going to go.
00:55:59.780 You've got a worthless land as aristocracy, and you have monopolistic power unlike the British East India Company.
00:56:04.740 They get crown charters.
00:56:05.880 We don't want in.
00:56:06.700 And we'll fight a revolution for 8 or 10 years if we have to, and then we'll form this country in this primeval forest if we have to.
00:56:16.300 And they did.
00:56:17.160 But the central beating heart of it is everybody's got a stake in it.
00:56:20.780 Everybody's got a piece of the action.
00:56:22.600 You have 90 percent of these people in the country, and they're increasing these kind of slaves that come in that have no piece of the action except government payroll that they control at the ballot box.
00:56:33.380 This is the United States of America in the 21st century.
00:56:38.340 And if the revolutionary generation came back today, they would spit on the floor and say, what in the hell have you got going?
00:56:46.580 And that rat's nest up at Capitol Hill has got to be cleaned out.
00:56:50.040 It's got to be cleaned out today.
00:56:51.860 Day, Brett.
00:56:53.700 Yeah, exactly.
00:56:54.860 The Oxford Don is on fire today, tying all the points together.
00:56:59.000 That is brilliant.
00:57:00.060 Designed for a moral people.
00:57:01.600 Well, Christians have become sheep.
00:57:05.520 We've become passive and lack courage for over 100 years now, especially since the 60s.
00:57:10.960 It's time for the moral people to regain their confidence in God.
00:57:17.020 There's two points also related to everything you've been saying that are interesting.
00:57:21.300 If in that new border invasion bill, after you get 5,000 folks coming in illegally per day, they can shut it down, right?
00:57:28.840 Well, then why can't you shut it down now?
00:57:32.000 That's a little curiosity, right?
00:57:33.640 Ponder that one.
00:57:34.560 If in the law, once you hit 5,000, they're never going to count that anyway.
00:57:38.820 But you get to 5,000, then all of a sudden they have the power to shut down the border.
00:57:41.860 That's a mysterious claim.
00:57:43.800 And then second, on this Putin-Tucker thing in Ukraine, boy, we're going to give away $100 billion, $200 billion total for Ukraine because we believe in democracy and we're against communism.
00:57:57.120 I spent my whole life in opposition to communism, free markets, economics, theology, everything, right?
00:58:02.940 But again, it's a little bit of a mystery for Ukraine how the U.S. CIA took out a president in a coup d'etat in 2014 when we're such admirers of democracy, right?
00:58:15.060 So our story just – we're lying to the American people across the board.
00:58:19.120 It doesn't hold.
00:58:21.540 Dave, where do people go?
00:58:22.780 All your comments about politics are your personal ones.
00:58:25.260 Where do you go to get all the great charts?
00:58:27.560 When are you going to put them up?
00:58:29.200 Yep, I'll have them up.
00:58:30.340 I'm traveling the world.
00:58:31.500 Gave a talk up in the villages to just some great patriots, Christians, just people who love God, family, seniors who have time, and they're using their time wisely for the kingdom of God.
00:58:44.680 They're doing great work up there.
00:58:46.480 Get me at Liberty University, and charts will be up hopefully in a day or two at Bratt Economics on Getter when I get back home.
00:58:53.800 Keep it up.
00:58:54.360 The Oxford Don is leading the way.
00:58:56.280 Steve, you're an American hero, and we owe you a huge debt of gratitude, brother.
00:59:01.540 Stop.
00:59:02.620 Stop.
00:59:02.940 Keep it going.
00:59:03.420 I hate when you say that.
00:59:04.420 We've got to get my producer.
00:59:06.300 We've got to get Dave Bratt on more often.
00:59:08.240 Dave Bratt, good, safe travels.
00:59:10.720 I know the Warren Posse loves you coming around.
00:59:12.820 We've got to get your schedule up there.
00:59:14.400 Thank you so much.
00:59:15.800 But seriously, this is why we do the Birch Gold.
00:59:18.460 This is why we do Birch Gold.
00:59:19.860 Make sure you go to Slash Bannon.
00:59:22.460 Talk to Philip Patrick and the team.
00:59:25.120 Talk about Christian.
00:59:26.120 Oh, my God.
00:59:26.800 Christian nationalism.
00:59:28.180 Ooh, ooh.
00:59:28.740 Bad word.
00:59:29.940 Domestic terrorism.
00:59:31.620 Patriot Mobile's going to join us.
00:59:33.040 We've got Navarro, who was there, saw it all, worked on it all, fought it all.
00:59:38.200 All next in the war room.
00:59:40.000 Get some Warpath coffee.
00:59:41.280 Get some Warpath coffee.
00:59:42.300 Get jacked up.
00:59:43.060 Join us.
00:59:44.160 Get jacked up.
00:59:44.760 Warpath that coffee.
00:59:45.700 Slash war room.
00:59:46.540 Back in a moment.
00:59:47.700 I want to warn you of a huge change that could be coming to our money and our bank accounts.
00:59:53.000 First, think back to 9-11, shortly after the government pushed through the Patriot Act.
00:59:56.980 This gave the government power to spy on innocent Americans by monitoring our phone and email and tracking our movement across the Internet.
01:00:05.840 Now, Jim Rickards, editor of the independent financial newsletter Strategic Intelligence and New York Times bestselling author, is warning about a coming event that could elevate this governmental surveillance to a terrifying new level.
01:00:18.680 In fact, some of the guests I've had on the war room believe that the government will soon expand their powers to track our every move.
01:00:26.460 If we say the wrong things on social media, donate to the wrong causes, buy firearms, or even vote MAGA, the government may be able to shut us out of our bank accounts.
01:00:36.820 I can't say for sure if this will happen, but it's an interesting and dire warning.
01:00:42.900 Fortunately, Jim Rickards, an American patriot and friend of mine, has made it his mission to educate us on what he believes is coming and how to protect yourself from the possibility of programmable money.
01:00:55.340 Watch Jim's warning video now, before it's censored like I've been in the past.
01:01:01.100 Go to RickardsWarRoom.com.
01:01:03.100 That's RickardsWarRoom.com now to see the video.
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