On this episode of the War Room Posse, host Steve Kamb talks with Mike Lindell, CEO of MyPillows, about his family's long history in the textile industry and the impact of the Trump administration's immigration policies.
00:01:05.000Obviously, everybody loves you, but we particularly love the hard workers there that work nonstop to make these great products and make sure they get shipped out the door.
00:01:13.000So we just want to say from the War Room Posse and from everybody associated with the War Room, we love you guys.
00:03:03.000My grandmother, my dad's mother, I think at 12 or 13 years old, when you talk about working the line, she supervised one of the lines down in North Carolina at one of the textile mills.
00:03:23.000There's a firefight right now at Capitol Hill.
00:03:26.000They're not talking about shutting down the border now.
00:03:28.000That's kind of in the back because they want to jam all these bills through.
00:03:31.000But we started off with a cold open this morning and talked about the spectacle of cruelty of Trump's administration about demonizing the economic migrants that are coming up here.
00:03:42.000You guys actually went the other way to make sure that there wasn't a spectacle of cruelty, correct?
00:03:49.000The policies you put in there, particularly remain in Mexico, the First Nation policy, you had went back to our asylum laws and to the foundational elements of our asylum program that says, hey, if you're an economic migrant, you don't qualify.
00:04:05.000And then you played hardball because one of the excuses they're saying on Capitol Hill right now, that the reason that the perfect bill that they had the other day didn't have remain in Mexico in it, which even Lindsey Graham said it when that wasn't in the bill, he said, I'm out.
00:04:39.900Look, Steve, let's let's get let's get real here.
00:04:42.580There's nothing humane at all about Joe Biden's immigration policy.
00:04:48.280It's not humane for the people of America.
00:04:50.340It's not humane for the people who are being funneled up into this country to be sex trafficked and exploited in the workforce, to be raped along the way, to die possibly.
00:05:02.340It's it's it's the most obscene kind of policy you could imagine for for immigration.
00:05:11.320Steve, if if you think about the way it's supposed to be, a nation is supposed to have its borders.
00:05:25.020They should supposed to have a set of borders.
00:05:28.040It's allowing immigration in on that nation's terms based on considerations of economics, politics, culture, safety, everything that comes into a reasonably, you know, immigration policy that you see other countries, other countries, Western countries.
00:05:51.420I'm talking about about Iran and China.
00:05:54.180I'm talking about Australia or Canada or Switzerland or wherever.
00:05:58.620OK, that what you do when you throw open the borders and you say, come on as quickly as you can, because we might not be here in a few years.
00:06:34.360But on the other side, it's like you go down to a place like El Salvador or Guatemala or Honduras and the best and the brightest, the strongest.
00:06:46.480And when I say the brightest, the bright people, they sure the hell aren't educated.
00:06:51.000They're they're hollowing out their villages, leaving women and children behind, grandfathers and grandmothers behind to fend for themselves.
00:07:24.280And you're the first guy to point it out a couple of years ago, said, hey, what they're blaming is.
00:07:28.660It's the low skilled labor in this country for wage inflation.
00:07:33.080And what they're going to do is open the spigot to crush these people.
00:07:36.700That is one of the biggest tragedies of all, because now you have American citizens who parents or grandparents have served in the military, helped build this country.
00:07:44.420And they're the ones that the most pressures on with the crime in the Hispanic community coming in from from south of the border and in central in the big cities like New York and Chicago.
00:07:53.880And on top of it, not only their education system destroyed, whatever health care they get destroyed, but on top of it, their wages are suppressed by design.
00:08:02.980This is the this is the cruelty of it.
00:08:06.440I can't figure out whether these people are really smart.
00:08:10.720Chess masters are really, really stupid.
00:08:12.900That like you take a guy like Jay Powell at the Federal Reserve and Biden comes along and Powell wakes up three years later and says, wow, we're doing great in our fight against inflation because wages are coming down.
00:08:28.140And, wow, they're coming down because we had the foresight to throw open the border at all these uneducated folks who are just crushing the wages.
00:08:39.520I remember I remember so vividly being in the Oval Office when that friggin idiot Gary Cohn of Goldman Sachs.
00:09:09.680The people who control this country with respect to our political system right now, our weaponized judicial system, our financial system, our legacy media, these people's vision is to import as much labor across the border as they can.
00:09:28.460And what they can't get, they ship factories over to China and elsewhere to leverage it there.
00:09:35.480And they laugh all the way to the friggin bank at our expense.
00:09:38.880And the federal government is going to have these massive deficits to pay for the social, you know, the education and more social programs to gap the ability of people even to live.
00:09:58.500You have people in this country right now who literally can't afford to either pay their mortgage and have to choose between one or the other or rent.
00:10:21.420And this disconnect, Steve, between a soaring stock market and Biden thinking everything's great and the reality of the sentiment of the American people, he doesn't get it, but we do.
00:10:40.820This is the only place, really, I think, where there's genuine economic analysis for the people of this country.
00:10:49.080OK, if you go to CNBC or Fox Business, all you want to do is figure out how to make your next buck based on the assumption that you got a million bucks in the bank, that you got to deploy for your retirement.
00:12:02.560I want to to Michigan, you talk about that people understand or begin to understand, truly understand the economic plan that led to such a great upsurge in the fall and Christmas of 2019.
00:12:15.280When blue collar wages were up all time highs, non-college graduate wages, we had zero inflation, zero interest.
00:12:22.600Is that why you're seeing the enthusiasm in places like Michigan?
00:12:25.840Yesterday, we had 40 percent more vote of Republicans coming out for Trump than you had for then you had the Biden numbers were just absolutely atrocious.
00:12:34.580Well, Michigan is a microcosm of the assault that the Biden regime is now making on their manufacturing base.
00:12:44.280It's like you got the United Auto Workers strike this historic deal.
00:12:50.880But the quid pro quo there was what, Steve?
00:12:52.900It was for Sean Fain, the head of that union, to embrace this electric vehicle, massive government subsidy dream, which effectively in real time and very quickly ships our auto industry off to communist China where all the EV supply chains are.
00:13:10.980You got to understand, Steve, that if you put an electric vehicle side by side with an internal combustion engine, OK,
00:13:17.600the big difference is all the parts in that internal combustion engine, right, the engine, the drive, all of that stuff is made in America or could be made in America, right?
00:14:13.600And the Chinese Communist Party, Steve, knows better than anybody that if they were able to seize that, right, that one piece, everything else comes.
00:14:24.100It's when we started offshore and jobs there, kind of everything else had to follow.
00:16:28.040And I don't often get totally corn-fused.
00:16:30.440As Grace Chung and Moe, because they work the whole system for me in the morning, they kind of organize the engine room to get stuff to us.
00:19:07.640Technology, American technology is leading.
00:19:09.320You know, you've got this new – and it's – I told people once the capital markets find out about AI last year at Davos, it's going to be like the tulips.
00:19:18.960It's going to be the tulips in Holland back in the 17th century, right?
00:20:08.180And if you look at it through the clear light of day, you'll see that all of this surge, the millions and millions and millions of cheap illegal immigrant labor that are coming into this country, they're going to be on the unemployment line along with everybody else in this country when AI does its thing.
00:20:27.740The essence of artificial intelligence, Steve, from an economic point of view, is to improve productivity, total productivity, by getting rid of workers and enhancing the returns of capital, OK?
00:20:46.400AI, artificial intelligence, the whole conceit of it, which is why Wall Street loves it, is that it eliminates workers, back offices, this, that, and the other thing.
00:20:57.120It eliminates workers, which drive down the wages and puts workers on the unemployment line, and at the same time, it drives up the return on capital, ergo stock prices go up.
00:21:10.420But what you get at the end of that, Steve, is the AI apocalypse.
00:21:21.540In front of it is this seeming prosperity.
00:21:24.260Let me go to your point on people thought, and this is why if you want your kid to have a good career and a good wage, everything like that, and they're interested in the craft, like a plumber or a carpenter or someone using your hands and thinking things through, like my dad did when he was a foreman, thinking things through, working with your hands, you'll be happy and have a career.
00:21:43.000The first wave they're going to go, and not just the administrative people in AI, the big thing that's going to go is the coders.
00:21:50.960The coders, I know people are very sophisticated in the coding business, and they say, hey, Bannon, right now 50% of my time is managing AI.
00:21:59.460And they say in five years 90% is going to be managing AI, and only a few superstars who are the geniuses are going to be used that all the basic coding you have, which are millions of jobs right now, are all going to be gone, going to be redundant.
00:22:15.260It's interesting, the previous revolutions in tech, the automobile factories of Henry Ford, for example, right, the whole textile mill revolution, like it hit blue-collar, low-income, low-wage workers the hardest.
00:22:37.160AI is going to hit them, no question about it, but it's going to hit the middle, harder, okay?
00:22:43.660All these white-collar folks with their BAs from Haverford, who are like, think that they're going to, no, no, it's like, there's going to be nowhere to go, Steve.
00:22:57.000When he talks about the apocalypse, you take what Navarro's saying right now about the economics, I'm getting to Brett here in a second, you combine it with what Joe Allen's saying about it has taken away already the ability to actually think and manage information.
00:23:11.580I can tell this with the young people today.
00:23:14.020I can tell this particularly since the fact that, you know, we made your book a huge hit, that books are, you know, and this is why the War of Posse is so well-read and books are so important.
00:23:24.960Reading a book makes you hang with an argument.
00:23:27.640There's a process in your brain in reading that makes you smarter, not just the information, but the very process of holding the argument in your brain as you read.
00:24:24.440But the reason is they've got a better search engine.
00:24:27.540So when you're searching on the engine, it's AI behind it.
00:24:30.900My point, though, Steve, is that from a college kid's point of view, they don't go in there and use it using their productivity skills like they've learned through hard work.
00:24:41.740They just go in and ask it what they can do.
00:24:43.800So, Brad, walk me through his theory of the case.
00:24:47.300You've got some backup for it about on the surface it all looks fine, but it's a steroid economy with, you know, your innards are rotting, whereas maybe on the surface it looks okay.
00:25:06.480Well, when I'm done, I want to hear his commentary on trade.
00:25:09.340Trade's in the backstop of all the charts, so I'm going to pop up here.
00:25:13.300So if Denver wants to put up the first one, distribution of household wealth, this is already the case, right?
00:25:19.180This is without AI and what's coming at us, which is basically going to be the productivity revolution that has destroyed the middle class on steroids.
00:25:30.460So that's what's – this is how bad it is already, right?
00:25:33.060The blue up there at the top, which looks like it's about a third of wealth, is just the top 1% of Americans.
00:25:41.240I'm not sure if folks can see it at home up there.
00:25:43.220The top of that blue – the top half of the blue thing is the 0.1%, the super wealth.
00:25:50.920So, you know, they're thinking the Magnificent Seven, and that's the sub-theme in this.
00:25:55.240The yellow and the blue together are the top 10% of the wealth holders in the country, and the bottom is the rest of the country.
00:26:04.320Now, what's going on right now, and we have a technological revolution going on right now, but as the productivity expert at Northwestern, Robert Gordon, he's the head of the field, he says,
00:26:16.800I see technology everywhere except in the data.
00:26:20.780So if Houston will put up a figure one, this is the bomb.
00:33:10.440The 80s and 90s, there's the beginning of tech.
00:33:14.220Also interesting, you know, the Mike Benz thesis on the Tucker interview and your interview.
00:33:19.120This is back at the beginning of the technological revolution when the Department of Defense, et cetera, is giving grants and loans to Google, et cetera.
00:33:41.420I noticed there's the rich getting richer, but the yellow line, the bottom 20 percent incomes have gone up 85 percent.
00:33:50.920What's interesting on this chart is the middle 60 percent is down at the bottom, that gray line.
00:33:57.100So the poor, why are their incomes grown faster?
00:34:00.940Because this includes transfers and taxes, transfer payments to the poor.
00:34:05.940So our government is looking out for the poorest of the poor, the richest of the rich, but the middle class is taking the brunt, the bottom line.
00:34:15.100And then the last chart, this just puts it into long run context and could be signaling prophetically, like your show does, what's coming next.
00:34:25.96029, 1929 on the far left, huge income concentration.
00:34:31.020It looks like the American people got ticked off for a few decades, right?
00:34:35.460So our betters, the globalists, said, OK, we better not do that again for a while.
00:34:41.380But then, you know, in the 70s, there we go again.
00:34:44.200And here comes the income concentration growing, growing, growing, growing.
00:34:48.020So bottom line here is this magnificent seven, this tremendous accumulation of economic power, business power, wealth, and control over our elections.
00:34:59.320And censoring people has gone out of control, grown out of control.
00:35:45.060In all the discussion they have, Jake Sherman, a punch bowl, the Chad Pergram over at Fox, they got a thousand things happened on Twitter today.
00:35:52.620Johnson, they promised, they said, hey, you're not going to get any budget cuts.
00:35:57.940You're not going to get any meaningful cuts in this spending in the $2 trillion deficit, which we're here now.
00:36:03.260It's another one we've got to get to right away.
00:36:07.160But they said you're going to get policy wins.
00:36:09.020We now know that it's coming out from the meetings that Johnson have no policy wins.
00:36:13.320So right now they're in a situation, no force them to the table to shut down the border, try to get all these single purpose spending bills appropriate to jam through in the next 72 hours so they don't trigger it on Monday, on Friday.
00:36:27.040And nobody here is having a national discussion about the republic-ending debt we have and the deficits, the structural deficits.
00:36:37.180That is criminal to the American people because this should be the time that we should force the conversation so that people understand you can't do this in perpetuity.
00:36:46.300In fact, you can't do it for another three or four years.
00:36:48.240As you add another $6 to $8 trillion onto this mess we have today, as you have to refinance a third of it, you permanently lock in the inflation.
00:39:30.180He's the billionaire who didn't need any of their money, who also had a very clear chessboard vision of what was going on, dating back to being on Oprah, talking about how the Japanese were cleaning our clock.
00:39:43.800And there's a wonderful freedom in being a billionaire, not needing the special interest money, and also, at this point in time, having built an incredible small donor base.
00:39:58.760He will do what he believes is best for the American people.
00:40:04.500Donald Trump will do what he believes is best for the American people, full stop.
00:40:10.960I cannot say that about anybody who's about 500 yards away in Capitol Hill and anybody who's now in the White House.
00:40:22.000All of these people have dual allegiances to the money that propels them to their pinnacles of power versus their promises to the American people.
00:40:33.500And we in deplorable land here, we in MAGA America, are friggin' sick of it because it's an existential threat, Steve.
00:40:46.140A topic for a different day, but we'll come back because now the clouds, the storm clouds are coming around President Trump as far as the money.
00:45:14.500We're going to get Frank on today at 5.
00:45:17.120I've got to walk you through this red-green axis because what happened in Michigan last night is very important.
00:45:23.560It's very important you understand this, exactly what's going on.
00:45:26.780And it's important because if they deny the presidency, and right now they have the power to do that, they have the power to deny Biden a win in Michigan.
00:45:38.940If Biden does not win in Michigan, he cannot win the White House.
00:45:43.000If you look at the numbers, and Jason Miller has done such a great job of giving us information, if you look at the real clear politics where they aggregate up all the polls, they don't take any one poll, they aggregate them all up.
00:46:14.860This is why I'm warning the American Jewish community and the people, the evangelical Christians, and, of course, the traditional Catholics about this issue about the Holy Land.
00:46:28.020This is going to get to be big, and you're going to see dramatic changes foisted upon the Israelis, I think, in the war against the Muslim Brotherhood, Hamas.
00:46:56.700We're coming out with Slash Bannon, End of the Dollar Empire.
00:47:00.620Particularly, we're going to come up with a fifth free installment about the central bank digital currency.
00:47:07.060With the rest of the BRICS buying gold at record rates, there's central banks buying gold.
00:47:11.300Why are we spending all our time on a central bank digital currency?
00:47:14.900I mean, besides printing money or monetizing the debt, this is all the Fed does, and it's going to lead us to an economic catastrophe, an absolute economic catastrophe.
00:48:23.080Steve, every, all the employees here, we have, you know, just a little over a thousand in this whole million square foot building.
00:48:31.260And they, and from our outlet store, all the way through the factory floor, they know that the War Room has had our back as we've been canceled and, and shut down, debank, you name it.
00:48:45.500And if I could, I would like to do a shout out to all our home reps, all the moms and dads working from home across the country.
00:48:52.200Those are the ones you're taking your calls, everybody, at the War Room Posse.
00:48:55.540And we've got those specials you can get at the MyPillow.com website, go down to, you'll see Steve's face there.
00:49:03.160And if you have the War Room, these are exclusive specials to the War Room Posse that we're running, like the percale sheets, $34.98 for queen size, king size, $39.98.
00:49:15.340And there you are, these specials, everybody.
00:49:49.340You're supporting businesses across this country.
00:49:51.920And, Steve, you're doing, you and the War Room Posse are doing so much to help save our country, not just getting the word out for things with our election platforms,
00:50:02.300but to help out companies like MyPillow that are employee-owned and entrepreneurs across our country.
00:50:10.680By the way, just real quickly, Mike, the home reps, the IRS came after them hard.