Bannon's War Room - Episode 3461： Prices Continue To Rise While The Regime Lies

00:00:00.000 start out with ppi then we'll go to retail sales february ppi headline number expected to be up

00:00:06.200 three tenths of a percent zoom zoom zoom up double up six tenths of a percent that would be the

00:00:13.460 hottest going back to well equals july of last year to find a higher number you're going back

00:00:18.780 to june of 22 when it was up nine tenths of a percent you strip out uh you strip out food and

00:00:26.660 energy it's up three tenths one tenth hotter but in the rearview mirror we had up half of one percent

00:00:32.960 you strip out food energy and trade it's up four tenths it's up four tenths uh that would be the

00:00:39.160 hottest obviously since it was up six tenths last month year over year now okay these are final

00:00:45.320 demand headline numbers expected to be up 1.2 up 1.6 up 1.6 on year over year and that is wow we're

00:00:55.500 going to have to go back a ways 1.6 would be the highest level going back to september of last year

00:01:00.520 when it was 1.8 now the year over year that's food and energy up two percent equaling the rearview

00:01:06.220 mirror but definitely a bit hotter than we were expecting so x food energy and trade year over year

00:01:12.480 up 2.8 that follows up 2.6 to find a higher number than 2.8 you're gonna have to go back to september

00:01:20.020 of last year when it was 2.9 all these are warmer yields are going up now let's switch gears shall

00:01:26.160 we let's go to retail sales and remember every one of these metrics was the weakest since march of 23

00:01:32.260 in terms of month over month change so now are we going to reverse it we certainly did up six tenths

00:01:39.360 however that's still less than we were looking for and that eight tenths that was the worst since march

00:01:43.920 of last year now becomes minus 1.1 and if you strip out autos it improves uh excuse me it does not

00:01:52.980 improve and this really is interesting because when you strip out autos and it doesn't improve

00:01:57.920 uh that that really gives us some sense of what's going on in many of the other industries it's up

00:02:02.880 three tenths two tenths shy of expectations and last month's worse since march of 23 becomes worse

00:02:09.560 again from minus six tenths to minus eight tenths strip out autos and gas up three tenths finally

00:02:15.040 this is our first number that equals expectations following down five tenths half one percent that

00:02:21.000 now becomes down eight tenths and finally if we look at the control group it's unchanged we're

00:02:27.000 expecting up four tenths last month minus four tenths becomes minus three tenths the only thing we have

00:02:33.440 left is initial continuing claims and i just dropped the papers hold on let's bend down

00:02:39.040 let's grab them here we are we're back in frame initial claims two hundred and nine thousand two

00:02:45.200 hundred nine thousand be the smallest since feb of uh 24 which of course is this year not that long ago

00:02:51.200 and if we look at continuing claims this is a biggie one million eight hundred and eleven thousand

00:02:58.280 we really need to pay attention to this number that's really an outlier especially considering we're

00:03:04.120 looking for our second number in a row to be up over 1.9 million as it was last week and that was the

00:03:10.840 highest since the third week of 23 in november now here's what's fascinating not only is this

00:03:17.500 significantly lower there's a revision the last month that's unbelievably large from 1 million 906

00:03:24.000 000 to 1 million 794 000 huge revision how far back do we have to go to see 1 million 794 000

00:03:33.920 that's going back to october of last year so these numbers are really a bit odd on the claims side

00:03:41.120 that's showing a labor market that's super tight but i question continuing claims accuracy on retail sales

00:03:47.920 well a bit of a disappointment on many levels especially on the revisions and on ppi you know

00:03:54.240 i'm gonna i want the experts to weigh in and i hope they're not going to sound like cpi where they're

00:03:58.420 just going to push this back a bit hotter than expected no matter how you slice it we're now up to

00:04:04.040 4 21 and a half 4 22 and tens uh tens prior to the number

00:04:09.280 this is the primal scream of a dying regime pray for our enemies because we're going medieval on

00:04:20.320 these people here's not got a free shot all these networks lying about the people the people have had

00:04:27.040 a belly full of it i know you don't like hearing that i know you try to do everything in the world

00:04:30.960 to stop that but you're not going to stop it it's going to happen and where do people like that go

00:04:34.980 to share the big line mega media i wish in my soul i wish that any of these people had a conscience

00:04:43.140 ask yourself what is my task and what is my purpose if that answer is to save my country

00:04:50.480 this country will be saved war room here's your host stephen k bann

00:04:57.220 thursday 14 march year of our lord 2024 uh we're not here to say we were right in the spike the

00:05:09.100 football but uh we were right and we're not gonna spike the football but look at the uh devastation so

00:05:15.400 you know biden at the state of the union you know all they do is brag about the economy it's so great

00:05:20.020 and you just have the stephanie rules the world mindlessly repeat their redonkulous talking points

00:05:26.300 it's all a sham it's all a fraud you see right there half of what santelli's talking about

00:05:31.700 is uh is restatements on numbers they lied about before i want to bring in ej and tony ej i hate to

00:05:38.780 say that you were correct on all this but you were correct on all of this um this is another it i think

00:05:45.140 what's so upsetting about this it's so obvious what's going on it's so blatant how they're gun

00:05:51.680 decking uh the uh the numbers themselves and that's why the lived experience this is why they're losing

00:05:57.060 the african-american vote this is why they're losing the hispanic vote the working class vote

00:06:01.380 the lived experience of the american people suck okay it sucks and uh but they continue to sit there

00:06:07.800 and mindlessly say it's the greatest economy ever this bang bang and all the numbers they originally put

00:06:12.780 out have to be restated or recalibrated later ej and tony take your time walk us through you were

00:06:19.520 100 correct on this and of course you were also correct on what's causing it it's the refinancing

00:06:25.020 of this is where everybody says well debt doesn't matter deficit doesn't matter nobody cares about it

00:06:30.160 hey they're caring about it now this is rolling through to your auto loan your car loan your rent

00:06:35.200 uh your credit card that you can't pay off all of it ej and tony the floor is yours sir

00:06:40.580 steve you're absolutely right people are genuinely struggling we're already seeing uh defaults on

00:06:47.040 things like credit cards and auto loans go up we're seeing an uptick in the rates at which those cars

00:06:51.780 are being repossessed we're even seeing an uptick in the number of people who are falling behind

00:06:56.380 on their mortgages in fact it was only a few days ago the biden administration decided to extend yet

00:07:01.860 again a covid measure relating to fha loans which basically allows people to only pay three quarters

00:07:09.380 of their monthly mortgage payment but they're just kicking the can down the road until the end

00:07:13.860 of april next year at which point all these people are going to be in the exact same position in fact

00:07:18.480 it'll be even worse because families are continuing to go further into debt now why is everyone going

00:07:23.640 into so much debt because prices are rising faster than incomes what is causing that the fact that the

00:07:29.620 government continues to spend and borrow and print trillions upon trillions of dollars that it does

00:07:36.500 not have and the federal reserve creating that money for congress to spend and for the treasury to borrow

00:07:43.200 is what's causing the dollar to lose value and this whole biden administration line about how greedy

00:07:50.160 businesses are causing inflation and they're gouging consumers today's data shows yet again prices for

00:07:57.420 businesses continue rising and they continue rising very fast and all those businesses are doing is

00:08:03.600 staying in business meaning they are passing cost increases on to consumers if you look at prices paid

00:08:09.960 by businesses and prices paid by consumers that's you i all of your viewers and listeners they are both

00:08:16.440 up 19 since biden took office in other words all of the higher prices for things like eggs bread milk all of

00:08:25.540 those all those consumer staples are simply just being passed directly on to consumers so if you're

00:08:31.440 wondering why is the grocery store charging me so much more it's because they're paying so much more

00:08:36.700 the exact same story uh is is true at the pump for example and everywhere else i don't care if it's the

00:08:42.360 grocery store or the hardware store everything you're buying is getting more expensive because your dollar

00:08:47.620 is losing value and despite the fact that we keep hearing from the federal reserve that they are

00:08:53.360 that they are tightening right we hear this phrase quantitative tightening which means that they're

00:08:58.160 selling off securities to shrink the money supply what's really happening is that money that was

00:09:03.200 previously quarantined in a in a facility known as reverse repurchase agreements that is slowly trickling

00:09:09.660 out into the economy into the the treasury so that they can borrow that money what that's doing is it's

00:09:17.040 allowing money that previously was essentially sitting on the sidelines to now go into the economy

00:09:22.260 economy and into the banking system where it multiplies i think denver has a chart that shows

00:09:27.740 banking reserves and you can see over the last year they have clearly trended upwards in fact they are

00:09:33.800 now at a point where they are higher today than when the fed began its so-called quantitative tightening

00:09:39.860 so this represents an increase in the amount of money that is actually available for use in the

00:09:46.580 economy not a decrease so far from what we're being told that that the fed is somehow restricting the

00:09:53.180 money supply they are creating inflationary pressure at the same time you know that's the monetary side

00:09:58.500 but now on the fiscal side we have the exact same situation where all of that spending and borrowing is also

00:10:04.840 creating inflationary pressure so that brings us to to another chart uh that denver has it shows six

00:10:11.680 different measures hang on hang on hang on hang on hang on before i get to that this is too good

00:10:18.040 because you're giving folks inside baseball on the way it works uh i want to state in the golden age

00:10:24.820 of trump uh before the chinese hit us with a bioweapon uh in june of uh excuse me in january 2020

00:10:31.580 that fall and christmas season of 19 when we culminated 2019 which is the i think the best year

00:10:38.340 that the american economies had in living memory um people forget what trump had i think three and a

00:10:45.780 half percent growth inflation virtually zero interest rates close to zero you got um you know blue collar

00:10:52.780 workers making more than white collar workers non-college graduates making more pay increases

00:10:58.080 at 10 or 11 percent real increases because you didn't have the inflation people he never gets credit

00:11:03.000 and they quite frankly they don't push on or why janet yellen was his head of the federal reserve

00:11:07.480 she took at almost a trillion dollars off the balance sheet of the fed they had real quantitative

00:11:12.500 tightening my point is trump was doing that into kind of a headwind as he shrunk they wanted to make

00:11:18.700 sure there wasn't an asset bubble they actually shrunk the balance sheet of the federal reserve

00:11:23.080 that's how good his economy was that's how good these interlocking policies that we talked last night

00:11:28.740 about with uh with peter navarro here i want to go back to the repo because they're this is they're

00:11:34.460 playing games they're saying on one hand oh yeah we're gonna we're not gonna have an asset bubble

00:11:38.760 we're actually gonna tight we're doing a quantitative tightening but they're lying they're actually

00:11:42.360 putting more liquidity and more cash out there to prop this carcass up past november 5th so walk back

00:11:48.800 just give me the highlight reel the cheat sheet on the on the uh on the was it the reverse repos or

00:11:54.800 the repos walk me through that in this audience i want to make sure people understand the games are

00:11:58.740 being played here certainly steve you know essentially the way these reverse repos work

00:12:04.080 is they allow the fed to take money out of the banking system and to temporarily side sideline it

00:12:10.980 and they do that by by paying banks and other financial institutions interest on that money in

00:12:16.420 other words they say to the banks don't lend this money out to the public lend it to us and that way the

00:12:22.800 money can't actually get out into the economy and they did this for uh over two well over two and a

00:12:28.360 half trillion dollars worth of liquidity but now that is slowly being let back into the system in

00:12:35.240 order to accommodate the the just massive unprecedented amount of borrowing by the treasury

00:12:40.460 currently running at an annualized three trillion dollars and so what's essentially happening is as

00:12:46.500 that money gets into the economy and gets into the banking system it's multiplying through the banking

00:12:52.720 system in other words it's creating even more money and that's helping to to keep

00:12:57.700 inflation going right now now to your point on how much the fed was was tightening under trump you're

00:13:03.140 absolutely right yellen was tightening for the first couple of years of the trump presidency and

00:13:07.980 then powell comes in he continues that plan in fact the fed over tightened so much under trump and we

00:13:14.720 still have robust economic growth despite that but the fed over tightened so much that in september of

00:13:20.220 2019 the fed actually briefly lost control of interest rates they were unable to prevent rates

00:13:26.560 from rising because they had sucked so much liquidity out of the system today they're doing exactly the

00:13:32.720 opposite yeah yeah yeah think about that that's why i say this is treasury and the fed working together

00:13:39.420 to prop up this illegitimate regime okay i don't care if people say oh there's another conspiracy there but

00:13:45.320 no look at the math right here absolutely this is the fed this is why he came out in december

00:13:50.240 right all of a sudden oh well you know may have to have some easing the rates this is the financial

00:13:55.320 industrial complex just like the military industrial complex and the biopharmaceutical complex and the

00:14:00.860 tech complex all pulling for the administrative state for the for the illegitimate biden regime

00:14:06.280 100 percent the reef the financing of the 30 of the 35 trillion dollars of debt the one the

00:14:14.040 refinancing of the third of that that's what's crushing people that's not going to go away this

00:14:18.180 inflation there's no magic wand they wanted to kind of cover it up and because every number they put

00:14:22.800 out originally has to be recalibrated later you don't need recalibration you know it every time you

00:14:27.340 go to the store okay ej just hang on for a second i also want to talk about the budget he just put out

00:14:32.260 that adds 16 trillion dollars and they're saying oh this is uh we're taking three trade off it's all

00:14:37.080 a lie it's all bs we're gonna get into this short commercial break make sure you go to birchgold.com

00:14:42.120 slash bannon the end of the dollar empire we're right there in the opening segment you see how it's

00:14:47.720 happening you think the rest of the nation the bricks nations are going to sit there and suck on

00:14:51.880 that with the resources they have that's why they're buying gold at record rates go to birchgold.com

00:14:56.660 slash bannon talk to philip patrick and the team as we head toward a presidential election in november

00:15:02.360 one thing you can be sure of 2024 will be a tumultuous year like no other how will your hard-earned

00:15:09.820 savings fare during this year you're already seeing the impacts of inflation at the pump the grocery

00:15:15.260 store the dollar continues to lose buying power quicker than your wages can increase how are you

00:15:21.780 protecting your savings consider diversifying with gold from birchgold group for decades gold has been

00:15:28.920 the choice of investors and central banks to hedge against inflation now you can own it in a tax

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00:15:43.780 will send you a free info kit on gold they'll help you convert an existing ira or 401k into an ira

00:15:51.760 in gold and the best part you don't have to pay a penny out of pocket with an a plus rating with

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00:16:04.760 98989 to claim your free info kit that's bannon to 98989 and secure your savings now take action

00:16:12.980 text bannon at 98989 action action action here's your host stephen k bannon

00:16:21.560 we'll we'll we'll push out that uh we'll we'll push out that centelle that centelle rant uh and you

00:16:30.780 know they had a lot a lot of long faces over at cnbc this morning because they're totally in for the

00:16:34.800 biden regime also this is why you know they they asked trump all these trick questions kind of you

00:16:39.700 know try to trick you know try to ask these trick questions and any biden official comes up there's just

00:16:44.120 it's just lollipops and softballs it's a joke math doesn't lie real math of course everything they put

00:16:50.400 out is a lie because then they got to restate it later oh you know upon further review you notice when

00:16:57.020 they do the reviews uh ej the numbers only get worse you notice that you notice it's not one time

00:17:02.600 over the last couple years they've already done an adjustment the numbers get better it's always worse

00:17:07.580 that's because they're lying to you and wall street kind of wants the lie to happen so then they can

00:17:12.220 then they can trade the stocks and jack up you know get a lot of trades in and not have to face

00:17:17.300 reality um i want to if denver's got it the they put there's an article the other day because biden

00:17:24.760 says he puts his budget out his big thing is work and he says the state of the union we're cutting

00:17:29.260 three trillion dollars off the deficit how dumb does he think people are that's in this imaginary

00:17:34.800 10-year budget and when you give a 10-year budget hey yo just let's focus on year one let's focus on

00:17:41.500 period zero okay come and have investment banking every you guys know this everybody in the audience

00:17:46.620 knows if you ever look at a projection or somebody's telling you about a business or invest in

00:17:49.800 the third year's nirvana everybody wants to live in the third year right because third year is when it

00:17:54.240 really boom that's when he hit the that's when you really get up the learning curve everything

00:17:57.900 explodes it's all rosy unfortunately you got to go through period zero the time you're in

00:18:03.900 uh and this is another two and a half trillion dollars you got johnson up there at this conference

00:18:09.120 uh mumbling uh the the hill newspaper says he's going to come forward now he's promising the senate he's

00:18:15.280 going to come forward with some more ukraine money off balance sheet a supplemental more ukraine money

00:18:20.280 the thing they're dealing on and so they gave this budget ej which you've warned us about

00:18:25.100 16 their best case the best case they've got is 16 trillion dollars added to the national debt

00:18:34.900 over 10 years it is it is a republic ending plan and of course nobody talks about if you do this

00:18:41.700 the country's finished right it won't be the country it'll be still be here it'll just be something

00:18:46.580 radically different that's their best case as you know the spending never backs off it's a 7.3

00:18:52.480 trillion dollar budget tie that if we were to pass that budget with that deficit right and have to

00:18:57.800 refinance a third of that which is going to get to 40 billion 40 trillion pretty quickly tell us tell

00:19:03.960 us how bad inflation is going to get sir steve we have to go back to to june of 2022 and realize

00:19:12.020 that that is what would happen all of the time you know in that month prices rose a percent over

00:19:17.940 one percent just for the month i'm not talking for the year just for the month and you would see

00:19:23.540 that month after month ad infinitum

00:19:26.700 this is what you got the weimar republic this is what you're going to the societal collapse right the

00:19:35.700 cultural collapse that's underpinned by the uh by the uh inflation and and demise of your currency

00:19:43.320 currency because once your currency goes people say well what can i believe in right you're supposed

00:19:48.820 to have a stable currency if that's just going to be money that i can burn right i got taken a

00:19:54.840 wheelbarrow to go buy a loaf of bread then what else is and this is where we're heading and this is by

00:19:59.400 design this is not they put these plans out right they put these plans out everybody can see them so

00:20:04.860 they're not trying to hide the football they're talking in mumbo jumbo but you can pierce that pretty

00:20:10.240 quickly yet wall street and the in the the easy money overlords that run wall street they're going

00:20:16.280 to continue to go the punch bowl is not going to be taken away they just see right now and you just

00:20:20.560 nailed it on the repose and the reverse repose they're going to play every game of the book and

00:20:24.180 janet yellen to her credit for the biden regime is pretty sneaky and slippery about how she's doing

00:20:30.660 this she's doing the old you know three card money here but so far it's working for them because

00:20:36.280 they're propping this up although the inflation they're destroying the working class but it's not

00:20:41.440 like they care they're replacing it right now why you think we have uh 10 million illegal alien

00:20:45.740 invaders here just because uh it happened no that they're driving it down they want they want a

00:20:51.340 replacement of african-american and hispanic citizens that's what they want and it's obvious

00:20:55.520 what they're getting ej and tony any closing thoughts here you've nailed i just want everybody to know

00:21:00.360 this guy has nailed it from day one he's been dead spot on right and of course on on thursday on

00:21:07.680 biden state of the union you were thinking war room and ej and tony are way off that it's all nirvana

00:21:12.160 and we must have uh we must have miscalculated it could not be farther from the truth as rick

00:21:17.820 santelli told us this morning closing thoughts ej steve today's data confirms that we are trending

00:21:24.420 towards inflation rates of three percent plus not the so-called two percent target of the federal

00:21:30.460 reserve so when people are thinking about how much is biden's budget actually going to cost if that were

00:21:36.920 to get past remember it is far worse than the deficits that we are running today and so the

00:21:42.240 inflation rates would be far worse than what we're running today there is no way we get back

00:21:47.180 to anything resembling pre-pandemic growth and inflation if we stay on this track

00:21:53.340 100 remember it's cumulative too and this is the reverse side this way had the drop in the

00:21:59.960 purchasing power of the dollar this is why the bricks nations are all hands on deck on how to

00:22:06.200 de-dollarize because they they say hey the deplorables are mac i may have to suck on this

00:22:10.500 because the u.s citizens but we don't we got to figure out a way out of this nightmare because it's

00:22:14.940 not going to stop they look at the budget these guys are smart enough they have the hp 12c they do the

00:22:19.740 math they go oh well i see his budget and i see that the house republicans won't won't bring any

00:22:24.580 fiscal sanity in here so this thing's only going to get worse this this is not quantum mechanics

00:22:29.740 folks this is pretty straightforward ej you're amazing uh thank you thank all the guys at heritage

00:22:35.880 all you guys over there are fantastic your work is great steve moore and the team i wish i could

00:22:40.220 just get steve moore's head right on uh mind right on some taxes here but that's okay you guys are

00:22:44.500 you guys are grinding away and i know he's got a great anchor with you thank you steve very much

00:22:50.420 for having me make sure you go to ej we're gonna get all his social media up his website he's putting

00:22:56.820 up tons of information go to his uh in fact grace and mo and if somebody can give me the uh his um

00:23:02.460 twitter feed uh let's go we're gonna get sam faddis a amazing piece in the baltimore sun of all places

00:23:08.400 armstrong williams one of the new owners clearly changing that paper they had sam faddis but i want to

00:23:14.120 have a uh i want to do a a cold open here for our for our favorite joy ann reed thank you so much

00:23:21.580 for being here walk us through how it is that haiti came to be dominated by this group of now allied

00:23:28.660 gangs well as you mentioned in your introduction uh this is a long walk towards uh this moment uh in

00:23:37.900 2018 we began what they call lockdown uh people couldn't leave their homes uh for for months and

00:23:45.820 then in 2021 uh the president the president juvenil moise was assassinated and that really

00:23:52.500 complete created complete chaos and lawlessness where the gang saw a vacuum and they filled it up

00:23:59.600 and they've been essentially running the country they've been able to levy uh taxes and tolls on people

00:24:06.840 that's something that has eluded the government for a while and um they are a criminal element and so

00:24:13.140 now my beloved country is run by criminals let me ask you this because haiti seems like an experiment

00:24:20.880 in punishment uh that began at the moment that they were liberated from the french the moment they

00:24:26.700 threw off the enslavers you know they were then locked into this giant debt they had to pay reparations

00:24:32.080 to france and they've never been there's never been a government there that could actually function

00:24:36.720 what do you think is behind the fact that in addition to the international essentially prohibition

00:24:41.900 on them succeeding why can't haiti get a government that is stable and functional well look as you

00:24:49.500 mentioned the country never had a chance to be a republic uh and the system that was created was that

00:24:55.460 the international community and a co-op politicians and people in the private sector that enable the

00:25:01.900 international community to do whatever they want at uh at will and so under that system uh you have a

00:25:10.340 handful of people getting rich and the overwhelming majority of the people living in dire poverty and

00:25:16.160 so it works for everyone uh you have people on the far right uh even the central center right who think

00:25:21.920 this is a perfect example to show that black people cannot govern themselves but the reality is not

00:25:27.160 true it's the system that was set up since 1804 when haiti got its independence and so therefore you

00:25:34.940 know the other thing is people don't know joy haiti was isolated for over 60 years it was not

00:25:40.280 recognized as a republic the united states didn't it had no trading partners and so you had internal

00:25:46.580 fighting people uh mistrusting each other and so this is still playing out what i'm hoping for is

00:25:53.160 that haitian american haitian in the diaspora can realize that and start charting a course to change

00:25:59.600 this because this is you know it cannot go on anymore i mean basically i'm tired of having to

00:26:05.640 explain this over and over because you know we have to uh take things let me take it what what what

00:26:12.540 one one one name never crosses his lips is the clintons they looted the place the international

00:26:18.780 community they've been looting the place and now it's collapsing and now it's coming to a florida

00:26:23.360 neighborhood near you uh sam faddis you have a piece in the baltimore sun that says america is in a time

00:26:30.820 of unprecedented danger we got about a minute on this side give me what's the theory of your case

00:26:36.260 well the theory of my case steve is that we are literally facing just a cascade an avalanche a

00:26:43.900 tidal wave whatever metaphor you want to use of of issues that are massive national security problems

00:26:50.660 any single one of which would you know only a few years ago been considered a massive crisis

00:26:58.700 and yet somehow or another much like we're not talking about economic problems or anything else

00:27:04.060 all of this stuff is is getting buried they were just the terror attack piece we could get hit

00:27:11.400 any day any moment with a mass casualty attack that dwarfs 9-11 and you don't see a mention of it anyway

00:27:19.960 sam hang on for one second i'm gonna bring you back i'm gonna go into depth in this uh and i want to

00:27:27.440 talk about how haiti's going to add to this the flotilla's heading over we know from todd bensman he's

00:27:33.040 talked to senior people and customs and border they're just going to be a concierge service it's

00:27:37.440 not going to be naval vessels out there to stop it and turn them back it's going to be coast guard

00:27:42.040 vessels to escort them into florida governor de santa's is starting to uh get on top of this but

00:27:48.180 uh biden is going to let him in let him in and let a lot of them in to add to our national security

00:27:53.560 problem short commercial break home title lock.com the combination of artificial intelligence with

00:28:00.560 cyber these criminals you are a sitting duck go to home title lock.com make sure they cannot get to

00:28:07.720 your castle where 90 percent of your net worth is located that would be your home short break fattest

00:28:14.300 on the other side i want to warn you of a huge change that could be coming to our money in our

00:28:22.700 bank accounts first think back to 9-11 shortly after the government pushed through the patriot act

00:28:27.760 this gave the government power to spy on innocent americans by monitoring our phone and email and

00:28:33.820 tracking our movement across the internet now jim rickards editor of the independent financial

00:28:39.360 newsletter strategic intelligence and new york times best-selling author is warning about a coming

00:28:44.940 event that could elevate this governmental surveillance to a terrifying new level in fact

00:28:50.360 some of the guests i've had on the war room believe that the government will soon expand their powers

00:28:55.220 to track our every move if we say the wrong things on social media donate to the wrong causes

00:29:01.420 buy firearms or even vote maga the government may be able to shut us out of our bank accounts

00:29:07.600 i can't say for sure if this will happen but it's an interesting and dire warning fortunately jim

00:29:14.420 rickards an american patriot and friend of mine has made it his mission to educate us on what he

00:29:19.680 believes is coming and how to protect yourself from the possibility of programmable money watch jim's

00:29:27.120 warning video now before it's censored like i've been in the past go to rickards war room.com

00:29:33.800 that's rickards war room.com now to see the video here's your host stephen k bann

00:29:40.620 okay sam sam faddis is not a we're having a little technical problem we're going to work it out and

00:29:49.820 try to get sam back up so we can hear each other um sam faddis is not a uh a guy that runs around with

00:29:56.240 his hair on fire he's a steady eddie you know a career in the uh in the cia in the dark arts of

00:30:02.780 the cia uh and he was one of the good guys of course he wrote an incredible book i think during

00:30:08.520 the obama administration how the thing needed to be absolutely you know reformed i think it almost

00:30:13.360 has to be taken apart brick by brick and rebuilt not shut down like the fbi but it's got to be

00:30:18.640 completely purged of all the brennan and the brennan mentality that's in there uh and then uh

00:30:26.820 and rebuilt but his article on the baltimore sun i want to give armstrong williams and dave smith

00:30:31.460 uh dave smith at sinclair and of course armstrong who have now owned the paper of trying to turn it

00:30:37.940 around baltimore sun used to be one of the great papers in the country of course deteriorated to a

00:30:41.880 left-wing rag and one of the reasons you can tell to turn around faddis has got an incredible piece

00:30:46.380 over there about unprecedented time of peril for the united states he walks through the entire

00:30:51.120 geopolitical environment and his point is that any one of these any one of these could lead to some

00:30:58.640 catastrophic consequence the reason uh sam's back we're in a second the reason i keep harping on this

00:31:05.020 on the financial aspects of it one of the reasons we were victorious or in world war one when we came

00:31:12.260 were the deciding factor or why we were victorious although we came to world war ii kind of late

00:31:18.780 1941 had already you know been going on in manchuria the mainland china and russia for a while um and and

00:31:27.080 in the cold war the three great victories we had is because we had the financial wherewithal in the

00:31:32.680 manufacturing base to do it we had basically a perfect balance sheet we could borrow a ton of money

00:31:38.700 we could do anything we needed to do to win for victory that ain't the case now this this it's a

00:31:46.180 financial people are going to look back at this time and the ej antonys and the peter navarros and

00:31:51.560 the dave bratz and the scott bessons and the jason trenerts and the steve bannons are going to be looked at as

00:31:57.460 old testament prophets that kept hammering year after year you can't do this and this is why i'm so down on

00:32:04.440 the republican leadership that should know better uh do know better about this can be stopped if

00:32:10.920 you're prepared to take the incoming of the mainstream media says oh my gosh the poor are not

00:32:16.820 getting fed all this terrible stuff because you're going to have that but it's going to be worse later

00:32:22.340 when you don't have options and the poor go and fed and you don't have enough money and resources for

00:32:28.240 health care you're either going to be forced into it and all of our easy choices are past us because

00:32:34.580 we've destroyed the balance sheet of the united states you have these guys crude when all these

00:32:38.140 people they're living in a fantasy world modern monetary theory where deficits don't matter you

00:32:42.080 don't think they matter just look at today's inflation report look at today's inflation report

00:32:47.300 we're right and they're wrong and this is now embedded if you're under 35 years old in this country

00:32:53.060 you're screwed let me just be blunt so if you continue to vote for this you continue to vote for your

00:32:57.620 enslavement have at it if you want to get on tiktok and run around and show some videos and vote for

00:33:03.060 biden because you know taylor swiss vote vote for it baby do it you deserve it if you vote for it you

00:33:09.880 deserve it because it's not going to get better until you until you start acting like adults and this

00:33:14.800 is why johnson we're going to rust vote up here at 11 o'clock we still got an opportunity to do this

00:33:20.380 we got an opportunity to play smash mouth you can do it you just got a man up

00:33:24.760 speaker johnson not today his big thing lead his story in the hill promising the senate he's going

00:33:32.420 to get some ukraine money on a two and a half trillion dollar deficit we got now and looking

00:33:36.840 at these budgets gonna be another two training next year we don't have the bandwidth we're not

00:33:40.780 gonna have the flexibility to solve some of these issues that sam fatt is talking about you see it

00:33:45.900 right now in the red sea you get a couple of battle groups over there i don't even know how many

00:33:49.820 deplorable carriers we have it's only a handful you get a couple of battle groups over there this

00:33:55.080 is why the french throwing a ship they throwing a frigate the british throwing a frigate the italians

00:33:58.940 throwing a frigate and they think they're helping out you have to bear the entire price and you just

00:34:03.160 don't have the money or resources to do it anymore sam fatt is unprecedented this haitian is going to be

00:34:09.140 the next big deal right they're going first off they're going to build the pier in gaza right they're

00:34:14.080 going to build a pier with already a navy that's stretching or build the pier in gaza to get 750

00:34:19.240 000 to a million palestinians out that nobody in the region wants and won't take going to get them

00:34:24.860 into through italy and then to the good old united states of america not me saying that that's senator

00:34:29.720 tommy tuberville on this show friday morning and now with the haitians you're going to take hundreds of

00:34:35.720 thousands of uh of those folks down in south florida because ben's been told yesterday they're not

00:34:41.740 they're not looking to repel and send back to port-au-prince to repatriate there immediately from sea

00:34:47.020 you have a mass marine uh assault and invasion just like you have from north africa into italy and

00:34:53.920 spain just like you have them from france into england sam fattis walk us through why this is

00:35:00.700 unprecedented and maybe rank order you're thinking about the most dangerous ones we face the ones that

00:35:05.360 could crab sideways and put us under yeah well that's the challenge steve is right is looking at

00:35:13.140 this and trying in this with this unprecedented avalanche of threats try to grab a hold of which

00:35:18.380 one we want to talk about first in terms of immediacy possibility of a terror attack on u.s soil

00:35:24.060 the dwarfs 9-11 right uh afghanistan is a terrorist super state the taliban's in charge al-qaeda's back in

00:35:30.780 strength we pretend that that's not true but it is it's al-qaeda is so embedded in afghanistan with

00:35:36.360 the taliban now that they actually have senior al-qaeda officials serving as provincial governors

00:35:42.120 in the taliban government so i'm not talking about there's a handful of al-qaeda guys there

00:35:46.460 there are camps everywhere this whole thing is on on steroids uh our borders are down pakistani taliban

00:35:55.780 is threatening to topple the government in islamabad that's roughly 200 nuclear weapons

00:36:01.500 hanging out in the balance functional with delivery systems that could be seized um fbi put out what

00:36:08.980 amounts to a national national apb what a week ago saying hey there's this iranian intelligence guy on

00:36:15.500 the ground in the united states and he's looking to assassinate former trump officials and we need

00:36:22.220 your help public in finding him what's that tell you tells you they can't find him they have no

00:36:27.220 idea where he is even though they have all his identification uh his personal data and a photograph

00:36:32.800 of him it's been a week the fbi is looking for an iranian hitman on our soil and he wants to kill

00:36:40.900 really significant officials former officials and they can't find that guy so what's that tell you

00:36:48.620 about our posture we have no idea who's here we can't stop him we could get hit anytime

00:36:54.000 what about uh what about talk me walk me through the red sea the south china sea the mediterranean

00:37:04.160 ukraine i mean all of it it's all kind of coming into conjunction now sir yeah everything look you

00:37:10.260 were talking about the houthis okay and and the red sea so we are losing the war with the houthis

00:37:17.320 we're shooting down drones that are basically made in a garage with missiles off the u.s destroyers

00:37:24.660 that you and i both know cost about two million dollars a pop as a rough figure also by the way

00:37:31.660 those destroyers can't reload at sea so when you're done firing what you got in your magazine

00:37:37.580 you got no you got no weapons and you got to sail someplace i don't know where the closest place is

00:37:44.300 probably row to spain maybe where they could reload um so not only are we not stopping the attacks

00:37:53.280 with their attacks are intensifying commercial ships are sailing all the way around africa to get away

00:37:59.460 and i'm going to tell you that any day now you could have one of those u.s navy destroyers out there

00:38:06.420 the handful we have left and the houthis put two dozen drones up and the next thing you know that

00:38:13.480 destroyer is out of ammo to intercept those drones these things are going to impact on the u.s navy

00:38:20.260 destroyer as a former destroyer officer that that had the uh pleasure of serving uh my country and and

00:38:28.720 sailing the north arabian sea and the persian gulf back in the original when the mullahs came to power

00:38:34.400 threw the shaw out and took our hostages right i was part of those battle groups over there

00:38:38.120 i don't think america is psychologically ready to have a navy combatant taken down by a handful of

00:38:44.920 persian-backed rebels with ten thousand dollar drones it is a real possibility you could lose a

00:38:51.600 first off you could lose an entire battle group right now if the balloon goes up in the south china

00:38:56.260 sea or in the straits of taiwan which i also sailed as a junior officer right if a carrier battle group

00:39:03.900 could go to the bottom of the taiwan straits of the south china sea america's not america's not

00:39:09.640 psychologically ready for this right this is like be the battle of coral sea uh which people back then

00:39:15.900 were a lot tougher and a lot more you had had a lot more grit and determination american people you

00:39:21.660 look at the tic-tac crowd they're not ready to have a have a battle group go to the bottom you could

00:39:26.400 lose a destroyer or a couple of frigates there's a real possibility a combatant could go to an american

00:39:32.180 combatant could go down in the red sea to a handful of rebels because this is how dangerous they have

00:39:36.940 them out there right and strung out and our quote-unquote nato allies because remember we're

00:39:40.660 keeping this this is all about the suez canal keeping it open so the persian gulf oil goes to

00:39:45.960 europe and the and the goods from china uh you know the goods from china keep flowing into uh through

00:39:51.720 the suez to europe uh so what happens if we lose start losing combatants sam

00:39:56.420 well i agree with you 100 the american people are not psychologically ready for this you touched

00:40:03.440 earlier on industrial base issues okay you lose a nimitz class aircraft carrier say in the south

00:40:10.640 china sea all of a sudden you're going to realize that the next closest one is san diego and uh how

00:40:16.740 long do you think it's going to take us with our current industrial capability to replace that in world

00:40:21.280 war ii we produced i think 150 carriers or something like that between the time we went in the war and

00:40:27.060 the end of the war well you'd be lucky if five years later you had a new aircraft carrier with our

00:40:32.560 our current capabilities i mean one aircraft carrier could go to the bottom and and the entire reality

00:40:39.140 that's existed in the pacific since 1945 would go away um look and and people i think don't

00:40:46.120 understand i mean you were a destroyer man my dad was a destroyer man they think we're talking about

00:40:50.780 the uss missouri or something if a single huti missile which i think the warhead typically works

00:40:59.020 out to about 700 pounds something like that one of those things impacts and hits a u.s destroyer

00:41:05.900 that alone might send it to the bottom at a minimum it's going to take it out of action that thing

00:41:12.360 isn't doing anything until it's towed home and maybe scrapped or years later put back into operation

00:41:19.180 so i i think you know the the biden administration talks about turkey shoots because they shot down

00:41:24.860 24 drones yeah you shot down 24 drones and you spent 50 million dollars to do it and uh and any day now

00:41:37.500 this gets really really serious and a whole bunch of american sailors are dead and again just like

00:41:43.500 you know we're not talking yeah how how um how worried are you about the nine they've admitted now

00:41:53.260 to nine million illegal alien invaders coming through the southern border you're going to have this

00:41:57.340 haitian crowd here starting uh this weekend how worried are you about uh bad actors coming through

00:42:03.360 that border that could do a mass casualty attack uh equivalent to 9-11 or something close to that

00:42:08.900 in the united states yeah very very very worried i think look i don't have much regard for fbi

00:42:15.980 director ray but about every week now ray goes somewhere on the record and says we're at a

00:42:22.760 completely unprecedented terror level and he has made specific reference to the number of individuals

00:42:28.860 entering the country that he can't keep track of okay we know what that is that's cya he's laying down

00:42:34.960 a record so when there's a whole bunch of dead americans you can say i don't blame me guys i i told

00:42:41.460 you that's not me saying that every person who's coming across that border is a salvator obviously

00:42:46.400 but once you've got that flood you have no idea who they are

00:42:50.040 sam where do people go to get this article all your other great content over at and magazine

00:42:56.120 and magazine and magazine dot substack dot com but this piece is at the baltimore sun that you're

00:43:03.840 referencing and my understanding is i'll be writing at least every couple of weeks for those guys going

00:43:08.920 forward so it's good to see wow armstrong williams what a great great effort sam i i don't want to add

00:43:16.100 as uh as we punch out that you're you're you're with us on the 2020 election sam knows that the 2020

00:43:21.880 election was stolen is leading the effort up in pennsylvania to sort things out

00:43:25.760 short commercial break uh we got john solomon mo bannon russ vote's going to join us matt boyle

00:43:32.280 pretty packed back in a moment

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00:44:59.940 take action use your agency action action action here's your host stephen k bannon

00:45:07.280 okay you got to get jacked up for the morning show of uh of war room the way you do that is war path

00:45:14.980 coffee we get up super early in the morning pre pre pre dawn put a huge pot on warpath.coffee the dark

00:45:21.680 roast is my baby but hey the mild blends the breakfast blends the seasonal blends tage gill and the team

00:45:26.920 of navy seals over there do amazing job roasted here in the united states of america warpath.coffee uh promo

00:45:36.120 code war room make sure you get your big discounts check it all out and do it today john solomon thank you

00:45:41.460 very much okay so hearing sam faddis seeing that almost all of those problems with the mullahs and gaza

00:45:48.460 uh with the kgb all is backed by the ccp axios today puts out their lead story this morning at dawn

00:45:56.680 when i'm having my first pot of warpath coffee sir is about how biden is now going to go bully trump

00:46:02.420 and bench press trump on china because of this little tiktok thing but he thinks that he's and yet i go to john

00:46:08.780 solomon's site just the news and i have something that's so jaw-dropping i like i don't understand

00:46:15.120 why comers not moving forward on this and impeachment explain to our audience the the true relationship to

00:46:20.960 the biden crime family in the most murderous dictatorship in the history of mankind that

00:46:25.600 would be the chinese communist party sir it is a shocker to me even and i've done a lot of hundred

00:46:30.820 biden work but this one is perhaps the most egregious example of uh the biden family eschewing

00:46:36.780 our own nation's interest and just chasing dollars with one of our great adversaries joe biden is still

00:46:43.180 vice president hunter biden is working with a series of business partners jason galanis rob walker and

00:46:49.920 other people and they come up with an idea that china cefc energy which is the energy company that

00:46:56.080 they were also trying to help buy natural gas assets and take them from under our soil in the united states

00:47:01.240 send them over to china we already know that storyline that's pretty bad they wanted to arrange

00:47:06.280 a secret transfer of westinghouse electric and its ap1000 nuclear reactor this is the game-changing

00:47:12.920 nuclear reactor that american ingenuity created it is a significantly smaller footprint nuclear uh reactor

00:47:20.920 that could transform the nuclear industry and by the way it's the most popular reactor now being shared

00:47:25.560 across the world they're working on this in fact they're going to do it through smoke and mirrors

00:47:29.100 they're talking about hiding the transaction behind cutouts so that china can get its hands on it in

00:47:34.100 in their plan the plan that by the way gets uh sent over to the chinese uh under a cover letter from

00:47:40.260 hunter biden the plan says if we can get this for china they will have a long-term control that's their

00:47:46.720 word control uh dominance would be another word you might want to use in the global nuclear markets

00:47:51.600 they were trying to help our primary geo geo uh our largest enemy on the foreign stage our biggest

00:47:59.820 adversary in the foreign world uh and to help them get our best nuclear technology so that they could

00:48:05.180 own the nuclear industry it is a striking document uh uh these are documents that rob walker provided

00:48:12.560 congress one of the business partners he acknowledged that hunter biden was in on this in fact the chinese

00:48:17.920 were led to be believed that hunter biden was the head of this deal that was important for china to

00:48:22.760 know that hunter biden was leading this deal that is what they were doing trying to chase our money

00:48:28.040 and joe biden hadn't even left the office yet he was still vice president in 2016

00:48:32.260 hold it that's the this is the key point hit rewind on that for a second this is not something that

00:48:39.560 happened afterwards this is not something that happened uh in the trump administration or when he's up in

00:48:44.700 rehoboth beach go back in time it's the time that's important here they're they're they're

00:48:49.700 selling not just access to his office of the vice president there it's not just access they're

00:48:54.880 actually selling things they will do as as proactive for the chinese communist party why he's the vice

00:49:01.420 president of these united states sir yeah this had to have there's no chance that this didn't send

00:49:07.160 off alarm bells in the united states intelligence community it's obvious what china's doing this is the

00:49:11.920 same company that hunter biden himself said had uh the effing spy chief he believed that the one of

00:49:17.920 the executives he was working with was a spy chief for china james biden said he knew that the chairman

00:49:23.220 of this company chairman yin was directly tied to the president of china president xi so the biden's knew

00:49:29.940 they were dealing with the communist chinese they knew this was a moment in that was very delicate

00:49:35.660 in u.s relations china had executed several of our human assets and spies in this time frame under a

00:49:41.640 barack obama uh they're uh they're cracking down on human rights in hong kong they're rattling their

00:49:48.160 sabers over taking over taiwan in greater way they're challenging us in the south china seas starting to

00:49:54.000 build islands and other things china was at a very agitated moment we knew they were becoming more

00:50:00.440 aggressive against western and u.s interests and at that very moment hunter biden his team is so glad to

00:50:05.860 give them our prize nuclear reactor and try to sell that company to the chinese and by the way disguise it

00:50:11.020 they're talking about hiding it behind other transactions uh i think americans could get that

00:50:16.160 story pretty simply the buried lead too is that the apparatus knows this went on so i got a question

00:50:23.220 why is i'm gonna go from the apex why is solomon tom john solomon tom fenton uh rahim gassam natalie

00:50:29.660 winters and others kind of on the outside doing groundbreaking work why are the committees

00:50:34.880 and i don't need any more witnesses of the biden's why are they not calling up the apparatus the cia

00:50:40.720 dni doj fbi the people the commerce department under this why are they not getting officials who were

00:50:47.800 who were doing this and knew it was going on at the time sir uh that is the key here the deep state had

00:50:55.180 to have facilitated or ignored or gave cover to the biden family to do this there's no chance our cia is

00:51:01.140 blind to this no chance uh they were monitoring patrick co under a fisa warrant for a good part of the

00:51:06.740 time uh that's one of the cfc officials that hunter biden was dealing with them these are the

00:51:11.920 questions that the impeachment committee really hasn't dug down into they haven't asked the cia

00:51:17.340 did you ever give uh a defensive briefing to the biden's about their china or ukraine or russia dealings

00:51:24.320 they haven't asked that question they haven't asked for any uh cia documents about whether the cia

00:51:29.920 was monitoring hunter biden or whether foreign allies were warning us that hunter biden was playing a

00:51:34.860 very dangerous game of russian roulette with our extraordinary enemies in the world now he wasn't

00:51:40.180 playing with the nice guys he was playing with companies that the state department deemed corrupt

00:51:44.160 uh a an oligarch that the joe biden barack obama uh justice department had indicted for corruption

00:51:51.260 and there's hunter biden say hey five million dollars i'll make that indictment go away he was

00:51:55.260 playing with the worst of the worst in the world and yet we haven't dug into this issue i feel like

00:52:00.040 uh the congressional committees the house intelligence committee they should be on that

00:52:04.540 issue i think that's where this story pivots and here's another one how many of those documents that

00:52:09.340 robert heard just talked about dealt with these sort of issues that could have helped hunter biden

00:52:13.920 navigate how to close the bingo bingo bingo 100 john where do people go to get the show your podcast

00:52:22.140 all your writings the website all of it well i'm lucky enough to follow you every night on here on

00:52:27.200 real america's voice at six o'clock justin news no noise jay solomon reports on all the social media

00:52:31.880 platforms and justinnews.com that's where we put all our stories solomon unbelievable unbelievable

00:52:39.200 this is actually worse than the clintons and the russians back in 16 on new york i'll get john

00:52:45.620 to back on we'll talk we'll compare and contrast the corruption of both those families

00:52:49.180 short commercial break grab yourself a pot of warpath coffee now short break russ vote mo bannon matt boyle next

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Bannon's War Room - March 14, 2024

Episode 3461： Prices Continue To Rise While The Regime Lies

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