Episode 3604： Wasteful Spending To Just Buy Votes
Episode Stats
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Summary
In this episode, former Vice President Joe Biden sits down with his son and daughter-in-law to discuss the ongoing investigation into the Trump administration and the possible involvement of the Biden family in the Russia investigation. Joe Biden and his daughter, Jill Biden, and her husband, Joe Biden, have been charged with treason and conspiracy to commit treason.
Transcript
00:00:11.300
Now, this Wednesday, they just announced they have a weaponization committee.
00:00:15.200
They're bringing in Peter's lawyer, or one of Peter's lawyers, oh, excuse me, Rudy's lawyer, my lawyer, Gene Hamilton from the AFPI to kick off weaponization.
00:00:27.780
Don't the people on Capitol Hill have to do more, particularly with your father?
00:00:36.560
But don't we need an organizing, the weaponization judiciary, say, bang, here are the subpoenas.
00:00:42.080
The vast conspiracy, criminal conspiracy against President Trump is very obvious.
00:00:46.760
Yeah, and as evidenced by, and also the correlation to that is the actual evidence of Biden family wrongdoing is insurmountable.
00:00:56.660
I mean, you know, when you look at what I went through, when you look at what, you know, I did 50 hours combined testimony, you know, for treason.
00:01:08.360
A couple Republicans are in there, you know, looking for their soundbite for Twitter, but not actually allowing the people to do it the right way and actually get to a result.
00:01:21.020
I don't have Ukraine invested in me for no-show jobs in a business I know nothing about in a language I don't speak.
00:01:26.520
That doesn't just happen unless they're buying people.
00:01:28.760
You know, China doesn't have a DEI program for, you know, crackhead money managers.
00:01:34.080
We've got to give it to the crackheads, too, Steve, because, you know, they are underrepresented.
00:01:42.300
It's so flagrant, and yet they continue to do this.
00:01:45.300
So with my father, you know, 700 years behind bars for what?
00:01:54.960
They're serious about 96 indictments that if something happens, you know, just if anything sticks.
00:01:59.800
And that's what perhaps was the point that we drove home today is like, hey, we all understand it's nonsense.
00:02:08.380
And we felt that consequence when you roll through that, you know, when those gates open up and the barbed wires.
00:02:17.720
It is not a joke as wrong as it is, as wrong as people understand it to be.
00:02:22.480
So I don't think the Republicans are doing almost anything.
00:02:24.740
You know, we keep, you know, we're going to fund the DOJ.
00:02:29.000
Jack Smith has been proven already right now that the FBI was tampering with evidence for the Mar-a-Lago raid.
00:02:34.040
And yet he's on two cases, not disqualified from any.
00:02:39.220
So you're going to fund a corrupt guy that, let's just say, didn't exactly have a stellar record on corruption prior to this, which is the reason they brought him in.
00:02:48.720
You know, it's not like, hey, there's a bunch of cases and seven of them are perfect clean.
00:02:56.000
They brought in the most corrupt individual with no track record, no prior history prosecuting this.
00:03:01.240
But the person who would go to whatever lengths possible, no different than bringing in Andrew Weitzman with Mueller.
00:03:08.000
That was the guy had a crappy track record, terrible ethics, already caught up in a munch.
00:03:13.020
But you knew he would do whatever it was to win, whether it was legal or not, whether it was moral or not, whether it was underlined in the Constitution or not.
00:03:20.680
None of it made a difference because they get to that result.
00:03:23.380
And the result, again, as you pull through those gates, is very, very real.
00:03:27.960
And this is what they want to do with President Trump.
00:03:32.240
The Judiciary Committee should have been on this.
00:03:33.960
It takes a federal judge to say, no, Jack Smith, I'm putting you on trial in late June.
00:03:40.680
It takes an appellate court in the state of Georgia to say, stop this Fonnie Willis thing.
00:03:47.000
It takes the Supreme Court nine to nothing to take this ridiculous thing in Denver where they took the J6, their entire thing on insurrection.
00:03:56.060
They just took the J6 committee and put it in there.
00:04:00.800
And the most egregious, and this is where I'm going to get because you're a New York City guy.
00:04:04.020
The most egregious is what's happening in New York City.
00:04:07.080
This thing, we're four weeks into this and we follow it closely here so we can distill it and give it to people close because it's such a waste of time to do it.
00:04:15.060
But they have not brought up yet in court what exactly the crime is.
00:04:21.260
But just think it's just the premise of that living in America.
00:04:24.400
You know, we live in a republic under a democracy.
00:04:31.140
We have not yet told you the crime that you're guilty of.
00:04:33.840
But we're going to play it out and see what it is that almost like, well, we'll come up with something.
00:04:39.360
And then we'll we'll make up the crime and then try to back in our closing statements.
00:04:47.580
Just like I didn't need to know that the Wuhan lab leak happened from a Wuhan lab.
00:04:51.700
You don't have to be a genius to see what's going on anymore.
00:05:04.420
But it's scary as it relates to how they're going to cheat.
00:05:07.120
You know, hey, if you're a reasonable guy, you look at Joe Biden, you know, you get lost on this stage.
00:05:14.040
And yet you'd be like, they can only cheat so much to get this guy over the line because no one will believe it.
00:05:19.220
And people not believing it, which most don't already right now, would be a disaster for, you know, the democracy that they're always talking about.
00:05:34.760
They're also part of this is also making sure that there is never another Trump, someone who doesn't come from the swamp.
00:05:40.500
Because they're going to send a signal that if you do this, it's not worth it.
00:05:49.600
But if you get in the game, if you try to take on this system, the depths of the pravity of the swamp, you're in trouble.
00:05:58.420
Here's where I say your father is not just the greatest patriot of modern times.
00:06:07.560
When they steal the election and he goes back to Mar-a-Lago, we were doing it live that day.
00:06:11.780
We had Boris at the at the tarmac when it left.
00:06:16.420
Every incentive was just to, you know, the New York Times reported the outbreak came to him.
00:06:24.700
He consciously came back because he understood that you obviously can't let it be stolen or the country's finished as a republic.
00:06:35.020
But he also knew in front of him everything that would happen.
00:06:39.540
He knew they would come after him to destroy his reputation.
00:06:46.980
He knew that if they have to, they will try to kill him.
00:06:50.280
He knew he made a decision consciously, understanding all that, hey, we need to save this country just like that.
00:07:04.640
It says we're going down the elevator right before he sort of did the, you know, the infamous escalator ride down to give his announcement speech.
00:07:10.420
He looked me in the eyes and he says, and now we find out who our real friends are, which meant two things, right?
00:07:18.640
He knew that, you know, all of a sudden every celebrity that you used to have lunch with or whatever it was or come up to the town to hang out, they'd be gone.
00:07:25.180
But more important than that, to your point, I think, is he knew it was going to happen and he did it anyway.
00:07:31.960
So it wasn't like he was naive and it was like, oh, he woke up.
00:07:36.280
Like he knew exactly what would happen and he did it anyway.
00:07:40.600
We have to fight to save the republic because it is on the table.
00:07:45.020
This is the point about why the Republican Party, they're talking about unity.
00:07:48.720
The only thing we should be focused on now as a party, since all the spending has been a disaster, the border has been a disaster, you must start these committees.
00:07:56.160
The Judiciary Committee must start a vast criminal conspiracy.
00:07:59.640
I mean, from Andrew Weissman, we want all the text messages, we want all the me's, the MSMEC folks, everybody at DOJ.
00:08:06.100
Lisa Monica, she's one of the driving forces of this.
00:08:09.400
The White House counsels, who in the White House, where are the meetings in the Oval Office?
00:08:18.460
After the New York D.A., both the prior as well as Alvin Bragg, the one who's doing it himself, decided not to pursue this case that we're watching for the last two weeks.
00:08:29.620
Who hates him, but he's not allowed to be called as a witness, even though he wrote a book about it in the first time when they turned it down.
00:08:34.160
So, Matthew Colangelo, the number three guy in Biden's DOJ, moves to New York after everyone said we're not going forward with it, including the very man who then went forward with it.
00:08:43.360
And we're to believe that this isn't coming from on high.
00:08:48.220
I mean, there is no such thing as coincidence, period.
00:08:50.900
And there is certainly no such thing as this much coincidence.
00:08:57.440
And he's the architect, but also the guys up there are kind of dim bulbs.
00:09:05.020
He's got to actually make the opening argument.
00:09:08.180
None of them are all that impressive, but it doesn't matter.
00:09:10.180
In a jury pool that's 95-5, meaning just that you have an applicant pool, and then you get a certain number of people that you reject.
00:09:18.340
If they see someone that could be even remotely conservative, then make sure they throw him off.
00:09:22.980
You just can't win those odds, right, when you're the 5%.
00:09:27.600
So you have no chance of getting someone who could possibly be the voice of reason.
00:09:31.060
And by the way, even if you win over that jury, even if they think you're right, the social consequence of being the person to release Trump, you could never go to your kid's school again.
00:09:47.000
To get a hung jury, the one or two that would have to hold out, right, would be so tormented immediately on social media.
00:09:54.960
Not because they weren't right, but on purpose, because it's not about finding out the truth.
00:10:07.440
Is this going to destroy New York City as a financial capital?
00:10:10.580
I still have friends in New York that are business guys, and they're like, wait a minute.
00:10:15.020
So, like, honestly, the one that's worse is not this.
00:10:18.140
It's the Letitia James AG case when the alleged victim in that, you know, we have to pay about a half a billion dollar fine for paying back a bank on time and with interest when the bank, the alleged victim, is a witness for us saying, no, we weren't paid back in full.
00:10:42.220
This minor, like, what, trillion dollar business, right?
00:10:51.080
After 2008, after Sarbanes-Oxley, after all of these rules, like, of course we did our due diligence.
00:10:55.620
If we didn't, we'd have a class action lawsuit that would be hundreds of billions, not half a billion.
00:11:02.860
Every company, you guys give your assessment, you give your projections, you give your analysis of what it's worth.
00:11:08.120
Because the fiduciary responsibility is on the lender.
00:11:11.380
They go through with their own consultants, own advisors, their fiduciary responsibility.
00:11:15.380
They didn't breach their fiduciary responsibility.
00:11:19.860
And the net present, if the net present value of what the judge is arguing is they lost, theoretically lost money.
00:11:28.520
Because the problem is they also wouldn't let it go into the commercial division.
00:11:34.460
So they put it in front of this, like, you know, star-struck judge who is a Trump hater, can't stand him, but loves the TV cameras.
00:11:41.960
It's sort of like a Fauci version, but, you know, a judicial version of Anthony Fauci.
00:11:45.160
And he's out there for the cameras, and he's trying, it's a show, but they didn't want someone who could actually understand the finances.
00:11:53.400
I mean, I remember my, you know, my depositions of this not included in, you know, I did a day, there was, I think, 13 lawyers from the DA, and they didn't understand the basic stuff.
00:12:04.920
They say, well, you know, but, you know, based on this, you do X number of rounds a year, which, you know, how can it be worth a billion dollars?
00:12:10.900
It's like, well, it's 800 acres in downtown Miami.
00:12:13.980
What if we turn it into a condominium, like, development?
00:12:21.340
I don't even know how they, like, such, almost imbecilic.
00:12:25.940
And maybe it's on purpose, but, like, you can't imagine, like, you have a witness in there that knows a little bit about these things, and they, it's like, oh, that was four hours of questioning.
00:12:35.220
They were like, oh, they just thought it was a home run.
00:12:37.040
Like, you know, well, it's not just a golf course.
00:12:46.840
And so even the judge, I was, during my testimony, like, in that case, like, I'm on the stand, and the judge is like, well, you know, $18 million.
00:12:55.700
That's an insane home for most people, anywhere in the world, anywhere in life.
00:13:01.300
It's hard to almost fathom, except if you understand Palm Beach.
00:13:05.280
And then you can go, Mar-a-Lago is almost 20 acres.
00:13:07.240
The lot next to it is, you know, about a half an acre, and it's on the market for $50 million with a teardown.
00:13:23.280
He knew they were, it was ridiculous, but it didn't matter.
00:13:27.240
I called my dad when they said that the first time.
00:13:32.200
He goes, no, if Mar-a-Lago is worth $18 million, I want $10 million.
00:13:35.120
I may not have it right now, but I will in about 17 seconds.
00:13:38.720
Get me $10 of those, because, you know, that would be my get-rich-quick scheme.
00:13:48.160
This trial, they're talking about Cohen maybe next week.
00:13:52.080
This thing could wrap up in the next two or three weeks.
00:13:57.000
Your father's in New Jersey today, I think is fantastic.
00:14:06.120
Well, because he understands also it's not just about winning the presidency.
00:14:11.260
We got to, you know, we got to win dog catcher.
00:14:18.540
Hey, as the son, as someone who's been targeted, as someone who's been vocal, I don't know that
00:14:22.520
I want to win the presidency if we lose the House and we lose the Senate and we lose the
00:14:27.120
Because, like, you know, I'll get another 50 hours of testimony where they're trying to
00:14:32.720
Whether I did anything or not is almost irrelevant.
00:14:34.500
So you want to down to the Senate and the House?
00:14:45.560
You know, they're saying all the things that they will do.
00:14:48.620
And if they can do the things that they're doing to Donald Trump, if they're willing
00:14:56.040
If they can destroy what was arguably one of the most powerful men in the world.
00:15:02.660
And that's a powerful but also a strong individual.
00:15:10.940
If they can try to break President Trump as strong as he is.
00:15:14.460
I also tell people all the time that we have to start taking the burden off his shoulders.
00:15:25.920
You can't, oh, we're going to wait until Trump comes back in 25.
00:15:31.340
We're going to wait on, you know, he's got the huge tax.
00:15:36.000
We'll just make his, makes him trying to get his tax cuts back in even harder.
00:15:41.860
People need to step up and start taking the burden off his shoulders.
00:15:45.500
One man cannot possibly do it all when the whole system is coming at him.
00:16:00.260
Hey, there's, you know, there's so much of it, right?
00:16:02.180
I remember, again, I, I, it's easiest to relate to the ones that are personal to me,
00:16:09.480
They want to throw me in jail for life and, or the death penalty.
00:16:12.160
And, you know, you have the Lindsey Graham's of the world.
00:16:14.340
I'll get on Sean Hannity and they'll say, we must, we must subpoena people.
00:16:18.640
I'm like, well, you're the head of the judiciary committee.
00:16:21.080
Like you actually, you literally have the power to do that.
00:16:24.360
But they, you know, they take advantage of the naivete of the people who care,
00:16:28.480
but may not understand the process, may not understand the rules.
00:16:31.200
Like, I'm like, you literally have the power to do that.
00:16:34.260
And you're complaining about no one actually doing it.
00:16:36.260
So it appears to your audience or a donor or whoever it may be.
00:16:40.640
The donors couldn't care less, I guess, about Trump, but like they're paying for other things.
00:16:44.100
But it appears to the lay person who's not involved on a daily basis, like, oh, this guy's fighting for me.
00:16:50.880
And so, you know, that's just one example of, you know, 435 of them in Congress, right?
00:16:58.640
They're going there for a quick soundbite and then they don't follow up.
00:17:01.020
How many guys do we hear rallying how bad big tech is?
00:17:09.100
We have a bunch of feckless weaklings on our side because it's easy to be a weakling in D.C.
00:17:13.620
You can be conservative in D.C. as long as you fold when it matters, Steve, as long as you give the enemy what they want when it matters.
00:17:36.860
You guys hang for a few minutes on the other side.
00:17:40.900
Make sure Birch Gold, Philip Patrick's coming on at the bottom of the hour.
00:17:46.780
We'll walk through all the end of the dollar empire.
00:17:49.380
The fifth installment, the central bank digital currency.
00:17:52.420
Find out why the BRICS nations, their central banks are buying gold at record rates.
00:17:59.280
And of course, our Federal Reserve, besides monetizing the debt, is doing nothing more than coming up with a central bank digital currency.
00:18:10.900
Including why Richard Nixon got off the gold standard, installment number four.
00:18:30.840
I want to warn you of a huge change that could be coming to our money in our bank accounts.
00:18:36.100
First, think back to 9-11, shortly after the government pushed through the Patriot Act.
00:18:40.980
This gave the government power to spy on innocent Americans by monitoring our phone and email and tracking our movement across the Internet.
00:18:49.300
Now, Jim Rickards, editor of the independent financial newsletter Strategic Intelligence and New York Times bestselling author,
00:18:55.980
is warning about a coming event that could elevate this governmental surveillance to a terrifying new level.
00:19:02.540
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.
00:19:09.920
If we say the wrong things on social media, donate to the wrong causes, buy firearms, or even vote MAGA,
00:19:16.960
the government may be able to shut us out of our bank accounts.
00:19:20.960
I can't say for sure if this will happen, but it's an interesting and dire warning.
00:19:26.480
Fortunately, Jim Rickards, an American patriot and friend of mine, has made it his mission to educate us on what he believes is coming
00:19:33.220
and how to protect yourself from the possibility of programmable money.
00:19:38.800
Watch Jim's warning video now, before it's censored like I've been in the past.
00:19:46.580
That's RickardsWarRoom.com now to see the video.
00:20:01.180
Brings in all the best thinking about what MAGA stands for, where President Trump's policies are.
00:20:06.000
It couldn't be a better weapon for you in this season to get in people's faces and say,
00:20:13.740
He talks about them all the time at the rallies, but the liberal media will not pay attention to,
00:20:24.600
Sergio, I want to thank you so much for helping pull that book together.
00:20:28.320
Well, when he came to us, you got Carrie Lake, you got MTG.
00:20:35.420
We started it because those people could not get published elsewhere.
00:20:40.400
I mean, my original book was with a big four print house, and it was a bestseller.
00:20:46.780
Well, it found out basically we're subsidizing bestsellers from conservative office are subsidizing
00:20:52.060
guys who will never earn out some liberal crap that no one's actually reading.
00:20:55.440
And I'm looking at the difference in the deals.
00:20:57.100
You know, I sold X number of times, you know, whatever Andrew Cuomo did, but he's getting
00:21:01.460
five million dollar deals, and I'm like, I'm not paying for his five million.
00:21:04.200
So we started a publishing house to basically publish my next book, and whether it was,
00:21:08.280
you know, some of the other people in Congress that we know, you know, again, not all right
00:21:13.640
They'd get a book deal, and they'd get it pulled.
00:21:17.960
You know, so we want to make sure that we have an outlet.
00:21:23.980
And I think it's also important to note, publishers tend to be liberal, right?
00:21:29.640
Just look at Christine Ohm and what they did to her.
00:21:37.440
You also did the coolest book of last year, which was the book of all the letters.
00:21:42.960
It was amazing how people revere this guy until you guys came in the elevator and went
00:21:52.800
By the way, people don't realize the pain you're in in doing this.
00:21:56.660
You just had operation, but you have not slowed down at all.
00:22:09.800
I got to tell you, your father has shown more, I think, to the American people in the
00:22:13.940
last couple of months as they stole his business or tried to with this Moscow show trial, all
00:22:20.340
these different indictments, this fiasco of a man of energy and his action having to sit
00:22:26.360
in that dingy courtroom and listen to this crap all day long and then the gagging.
00:22:31.300
Why these other guys are up there on podcast every night, ripping around and making money.
00:22:35.020
It has shown, I think it's shown the character, the depth of character and the depth of courage
00:22:45.260
And then it's going to be our time to drive it, right?
00:22:53.880
I don't like, I just want to be there to block the scumbags because there's a lot of
00:22:58.000
But now we know who they are and we got to make sure they don't get any anywhere near power.
00:23:01.620
You're going to have Johnny McAtee on speed dial, right?
00:23:03.620
We'll have, there's a lot of guys we're going to have on speed dial, but yeah, it's going
00:23:10.640
I think had we known that, had we had that kind of insider knowledge, uh, the, the accomplishments
00:23:16.680
They would have been incredible, but I tell you, they, they tried to steal his first term.
00:23:23.740
They ain't going to steal the third one in the second term.
00:23:26.300
It's going to be, they're going to understand that this guy's coming with savvy and knowledge.
00:23:35.200
It's, uh, by winning team publishing, Sergio Gore, Don Jr.
00:23:39.120
Now we've got, uh, can we go and play the song?
00:23:41.100
Can we go and play the song and then we'll get the artists up?
00:23:44.820
This is why I love Rav's studio on West Palm beach.
00:24:03.540
i'm bible reading jesus preaching on the in and outside but god help you if you ever cross the line
00:24:15.020
back off my babies you can't replace me don't go thinking you know better
00:24:22.540
i'll do the praying i'll do the raising i'll decide what's best because i'm
00:24:48.260
i'm not one to make a scene but you're crazy is my gasoline
00:25:00.220
back off my babies you can't replace me don't go thinking you know better
00:25:07.700
i'll do the praying i'll do the raising i'll decide what's best because i'm
00:25:13.780
i'm the keeper and protector on the front line the defender i'm the comfort and the fighter
00:25:46.920
back off my babies you can't replace me don't go thinking you know better
00:25:52.860
i'll do the praying i'll do the raising i'll decide what's best because i'm mama
00:26:24.680
kim walker smith now joins us the artist kim what inspired you that that song's amazing
00:26:35.140
kind of a new mantra uh for a movement what what inspired you
00:26:39.380
well um i just wanted to write an anthem for moms because like so many mothers i just kind
00:26:47.320
of got pushed to my limit and i was just kind of feeling really frustrated and feeling like
00:26:53.100
i wanted to to say something i wanted to put my voice out there and i know that there's a lot
00:26:57.960
of other moms like me who were also kind of looking to to get their voice out there and so
00:27:03.580
after being pushed to my limits and the things that i'm having to put up with as a mother trying
00:27:08.800
to raise young children this day and age and how i i cannot let my guard down for one moment
00:27:14.480
and i was driving around in my car one day and this song just came to me
00:27:18.680
i pulled out my phone and um started singing it to my into my phone to record the the chorus of the song
00:27:24.600
and then i i took it to a couple other songwriting mamas who helped me uh finish it up
00:27:31.260
talk to me when you say i don't feel like i can let my guard down
00:27:35.600
and other women feel the same way because my children what do you mean by that
00:27:38.820
yeah well you know here's a great example i had an experience i was at a store with my children this
00:27:46.720
is back when we lived in california we live in montana now and um i got into a line at a register
00:27:53.640
i didn't look down the line to see uh who was at the register but my kids were running around and
00:28:00.240
talking and and chatting and we get down by the the register and uh my kids were just suddenly
00:28:06.260
silent and i i knew something wasn't quite right and i looked at them and i just followed their their
00:28:11.260
gaze and um i saw that um the guy at the register is a bearded um person at the register wearing a lot
00:28:19.720
of makeup and a dress and my kids were really confused um they didn't know what they were looking at
00:28:25.940
and they started to ask you know what what what is what is that what is what am i looking at and i
00:28:30.800
i stopped them and said we're going to talk about this when we get outside but this person seemed to
00:28:35.720
see an opportunity and said well actually and acted like they were about to you know say something to
00:28:41.900
my kids and i stepped in between him and my kids and told him if he said another word that i would be
00:28:47.680
coming over that counter and i think the look on my face told him that i was serious and um he didn't
00:28:53.780
he didn't say another word after that and this is the thing where i mean it doesn't matter where we
00:28:58.860
are it's it's not just schools it's it's out at the grocery store it's bulletin boards out on the
00:29:04.440
roads it's it's on every you know the cartoons it's just everywhere and so as a parent i just feel
00:29:10.260
like everyone is trying to shove their mindsets their opinions their whatever it is on my children
00:29:17.220
and it it's it is not their right it is not their place and i just wanted to make a statement
00:29:22.560
as a mom to say i'm done with this and to stir up other moms to say like we're fighting back and
00:29:28.140
these are our kids and we're the ones who will be the front line and decide what they're taught
00:29:33.840
and um and what they're told yeah kim where can people go get the song right now where they find
00:29:40.480
out more about your touring touring we gotta bounce but i want people to get access to you hopefully
00:29:44.280
have you back on the next couple weeks where they get the song where they find out more about you
00:29:47.540
where they see about your tour yes this song is on all of the streaming platforms it's everywhere
00:29:53.540
you listen to music um you can find me on all the social media platforms this is kim walker smith
00:29:59.000
and you can find out more about me at my website at kim walker smith.com and steve i just gotta say
00:30:05.600
one more thing i gotta say hi to my mom because she is a huge fan of you she watches you every day
00:30:11.680
and this is probably the biggest treat for her to see her daughter on your show so hi mom and happy
00:30:17.180
mother's day we could we could say happy mother's day to your mom we could tell she's a woman a
00:30:22.740
discernment she's part of the war room posse kim walker smith you're a great artist honored to have
00:30:27.720
you as one of the top artists in the mega movie we're gonna push this song out hard happy mother's
00:30:31.380
day ma'am for you and congratulations on your new anthem thank you yes thank you thank you
00:30:37.680
fantastic it is mother's day tomorrow i want to thank don jr not just for going down to see dr
00:30:44.760
peter navarro and sergio going sergio by the way is the head of winning team publishing sergio is a
00:30:49.560
guy that's been involved with michelle bachman in politics we've known sergio for over a decade one
00:30:54.340
of the best guys out there very close advisor to president trump and the head of winning team
00:30:59.040
publishing we've pushed a lot of the books out there from winning team it's just fantastic
00:31:03.340
uh make sure you go to new magadeal.com this is how you support uh peter navarro really want to
00:31:09.660
thank don don jr just had knee surgery i mean this guy's in a lot of pain come in here and stand up
00:31:13.840
for 45 minutes and actually go down there without crutches shows you the caliber of the guy he is
00:31:18.700
okay philip patrick is going to join us next we're going to get into some capital markets
00:31:24.060
so we can talk all about it and make sure we break it down and make sure that you guys fully
00:31:28.640
understand what's happening not just in the world's economy what's happening in the capital
00:31:32.980
markets and times of turbulence how you actually got to start thinking through hey maybe i need a
00:31:38.360
hedge for this madness bidenomics the best hedge that would be precious metals philip patrick and
00:31:44.620
birch gold up next you can't replace me don't go thinking you know can't pay the irs you haven't
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filed in a while receiving threatening letters hey it's about to get worse you know why the irs is
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that's 1-800-245-6000 or visit the website tax network usa.com slash bannon that's tax network usa.com
00:33:21.660
slash bannon war room here's your host stephen k bannon okay we're very lucky to have philip patrick
00:33:30.860
philip patrick and these guys at birch gold are so swamped during the week why are they swamped
00:33:35.920
it's folks like yourself and this is what look when we get sponsors two things the the what the
00:33:41.340
sponsor is either the product or service has to dovetail totally with the kind of news and what
00:33:46.900
we decide to cover you know every day so uh we just don't want somebody to come in and just you know
00:33:53.180
hawking goods here obviously gold and uh in a hedge against the madness the fiscal madness of your
00:34:01.000
legislatures and the executive branch and of course the the uh monetary madness of the federal reserve
00:34:06.240
and the treasury are central topics we talk about every day why it's the first time a working class
00:34:12.420
audience a middle class audience without going to a business channel and i will respectfully submit i think
00:34:17.540
we do a much better job than cnbc and uh and fox business bloomberg which is quite technical a lot of the
00:34:25.340
times as it should be because really more for traders i think probably does as good a job maybe even a
00:34:29.480
little better than us but for a standard business channel or even the wall street journal of financial
00:34:34.160
times i think we do a pretty good job and that's why birch gold is so central because you understand
00:34:39.060
in this about financial markets about capital markets and this concept of having a hedge against times of
00:34:45.560
instability and we're in a turbulent you think we're in turbulence you look at yesterday's show
00:34:51.340
look at the show up until now of course you're in times of turbulence you know that's one of the
00:34:55.280
reasons you're part of the war room posse because you're here to fight to save your country and for our
00:35:00.020
international audience they see the same thing they're part of the sovereignty movement throughout
00:35:03.720
europe and uh throughout australia india japan everywhere latin america uh philip patrick joins us
00:35:10.720
now philip really want to thank you for coming on board i know you guys are jammed during the week
00:35:14.820
we love having you here on on the weekends a couple things came up articles this week
00:35:18.960
and zero hedge one is about no matter which way the fed moves right no matter if they cut or they
00:35:24.600
increase it's it's kind of chaotic now and they don't really have a good maneuver of what they've
00:35:29.640
done also barry sternlick and sternlick is no um he's no he's one of the biggest real estate guys in
00:35:36.160
the country he's no fan of the war room he's not maga he hates trump but he came out in an interview
00:35:43.040
i think was with the economist he's sitting there saying uh look you can't hide from this commercial
00:35:48.920
real estate market anymore and he predicted two mid-sized banks a week would start folding uh if
00:35:57.020
something wasn't done immediately and he's saying there's a crisis in particularly in big cities with
00:36:02.920
commercial real estate you can't hide anymore that these massive uh occupancy problems and that you
00:36:10.540
know what biden these guys are doing to prop these banks up and david sachs i know has been talking
00:36:15.120
about this that eventually market conditions are going to cause and that we risk actually having a
00:36:20.680
collapse like we have a silicon valley bank and and others let's let's start with the fed first and then
00:36:26.120
we'll go and talk about the the uh the banking system yeah they they're sort of tied in as well but
00:36:32.540
the fed are in a very tough position at the moment because no matter which where they turn there's going
00:36:38.860
to be problems in the economy so we look at the inflation fight fed at the end of last year was
00:36:43.960
suggesting hey we're going to lower interest rates as many as three times obviously since october of last
00:36:50.060
year we've seen inflation continually rising which has put their ability to drop rates you know they
00:36:57.040
just can't rationalize it with a dual mandate so you know instead if they want to combat the inflation
00:37:03.580
problem they've got to start raising interest rates right that would be the plan that's what the
00:37:08.500
fed should do to try and get a handle on inflation but the problem is they can't really do that either
00:37:14.620
because every time they raise rates something in the economy breaks right we're talking about
00:37:20.160
bank failures look at last year the fed were raising rates getting a handle on inflation suddenly we saw
00:37:26.200
signature and svb fail on the back of higher rates of interest uh same this year we saw and it was
00:37:33.120
swept under the carpet the first bank failure of the year in in the form of republic first again
00:37:39.560
struggling in a climate with higher interest rates so the fed are in a very tough position
00:37:45.060
they raise rates they risk destabilizing the banking sector they lower rates they rest they risk letting
00:37:52.340
inflation run rampant so at this point they're in a position where i think they're going to do nothing
00:37:58.280
and hope for the best now we know that hope isn't a plan but it's the best that powell has at the
00:38:04.720
moment and the fed are just backed into a corner with very little in terms of tools but but they're
00:38:11.940
backed into a corner because of their own decisions and the only this is goes back when you first came on
00:38:18.760
early december say hey i've been doing this a long time you and scott besson came on in the first couple
00:38:23.640
of days in early december said i've been doing this a long time i've never seen treasury and and fed try
00:38:28.840
to work together and obviously it's trying to push a political agenda to re-elect biden there's was
00:38:34.500
that what their their mistake here was was too quickly stopping the final fight on inflation because
00:38:41.520
they thought that was going to hurt his political chances they weren't purely political to try to back
00:38:46.080
this regime and try to try to uh make sure they that they they had enough liquidity and and lower
00:38:52.360
interest rates that they juice this system for the mid-summer late summer of 24 to lead into labor
00:38:58.640
day and they have a a better propped up economy and say hey what's your beef vote for biden sir
00:39:05.060
yeah i mean that it was clearly the plan like i said the suggestion at the end of last year
00:39:10.840
that they were going to lower interest rates when inflation at the time was 50 above their target by the
00:39:18.380
way almost a hundred percent above their target today but you know they're now backed into a
00:39:25.220
corner that was the plan that was the hope but the realities of bidenomics are are hitting us today
00:39:31.440
and i don't think the fed can ultimately do that any longer with inflation going rampant but they made
00:39:38.980
miscalculations from the beginning remember when we were told that inflation was transitory the fed
00:39:45.680
were late to react so i think they have a big part to play but let's not forget it's the federal
00:39:52.140
government too right pushing through massive wasteful spending packages that are making the job even
00:39:58.980
harder but if you ask this fed political the answer is absolutely yes otherwise they would have acted
00:40:06.200
quicker and and firmer and maybe got a better handle on inflation it is out of control at the moment
00:40:13.120
talk to me about that about the wasteful spending we've talked about this you got i think you got
00:40:18.080
what this is the green new deal 1.6 trillion dollars they can't even figure out it's so bogus to begin
00:40:23.440
with but they can't even figure out legitimate programs so they're just throwing cash out right now
00:40:28.360
to essentially buy votes it's the reverse of the student debt situation where they're just
00:40:32.960
unconstitutionally canceling debt and making working class people pay for these deadbeats
00:40:37.860
that are revolting these marxists that are revolting on college campuses sir yeah it's it's
00:40:43.240
absolutely spot on you know he tricked us into 1.6 trillion dollars in loans grants and tax credits
00:40:49.840
to fund a green new deal by the way about 25 percent of that money hasn't been spent yet right so
00:40:57.380
they secured the the spending but they don't even know what to do with it right and it's it's it's i think
00:41:03.700
in on itself very telling now we've got a problem at the moment in that you know biden understands that
00:41:10.180
unless he wins re-election this money isn't going to be spent so if you look at this administration
00:41:15.820
now they are frantically racking up and trying to spend this money without really any design but
00:41:22.900
the reality is it's just a huge mess not just because it's wasteful right but because it's ultimately
00:41:30.160
just misguided right to give you an example somewhere in the utah desert a federal loan
00:41:36.160
guarantee is financing an attempt to turn wind and solar energy into clean hydrogen fuel because of
00:41:43.220
course hydrogen is so important to the economy but this is how incentives work right give me a federal
00:41:51.120
loan guarantee and i will happily incinerate a stack of cash in the utah desert but what gets me so upset
00:41:58.480
is that it's our money on the line right when did you last hear about somebody griping about the prices
00:42:04.560
of hydrogen right it doesn't happen yet we're paying more for food and gas to support the hydrogen
00:42:11.940
industry this is a case of bidenomics in action now you know this is not the way that industrial
00:42:21.240
revolutions happen history has shown us time and time again you cannot remake an economy from the top
00:42:27.800
down now tried it right history remembers it as the great leap forward meanwhile 45 000 45 million
00:42:35.140
sorry chinese citizens starved to death stalin tried it right ever hear of his five-year plan organizing
00:42:41.820
a market from the capital it leads to massive industrial projects like hydroelectric dams in the
00:42:48.720
siberian tundra meanwhile people starve hang on holodor the whole situation in ukraine which is kind of a
00:42:56.200
mini holocaust he starved the farmers there they were growing the wheat because he had to send the
00:43:01.100
wheat because they took the peasants out of the field up in mother russia to put them in factories
00:43:06.320
which they weren't used to they completely try to restructure the entire economy of ukraine belarus and
00:43:12.880
russia led to millions of deaths just like in uh just like with the chinese communist party in the great
00:43:19.120
leap forward in the 1950s sir it's exactly it's exactly right and there are so many examples in history
00:43:26.200
it has never worked it will never work so what we have to ask ourselves and you basically answered
00:43:32.400
the question already but what is this really about what is the real agenda and the only thing it is is
00:43:39.560
simply a monumental power grab this is a money grab and to what end to buy votes it's an absurdity
00:43:48.180
right we can always expect extra spending in the run-up to an election but this isn't extra spending
00:43:55.420
right this is you know this year the white house has upgraded from pork barrel spending to a fiscal
00:44:02.120
slaughterhouse churning out debt now at an industrial scale the only good news i think is that it's not
00:44:10.600
too late to stop it right with the right leadership we can undo some of the bad the damage that this
00:44:17.180
administration has done and i think that's why this this is the only reason this is the whole reason
00:44:22.700
we're in back of the motion of ak because johnson had every opportunity to do it i want to get to
00:44:26.940
some before we go to break got about two minutes um scott besson was on this morning one of the
00:44:31.680
smartest guys around he said hey look the way they're financing this short term and philip you said you and
00:44:36.800
philip patrick talk about this all the time one third of the debt's got to be refinanced they're not
00:44:41.120
going long they're not doing tens because they don't want to push the price they said this is what
00:44:45.160
banana republics do this is what developing economies do you've never seen an advanced economy do this
00:44:50.840
talk to me about about uh about treasury and uh janet yellen just putting out bills 90 day bills and
00:44:57.480
rolling this debt over that we got to refinance it every 90 days sir well it's it's it's unsustainable
00:45:03.720
right we we we know that this year alone the interest payments on the debt are projected to be
00:45:10.160
uh over a trillion dollars the biggest line item in the federal budget right as old debt expires new
00:45:17.400
debt now gets wrapped in at higher interest rates and that just ultimately compounds the issue 90 day
00:45:24.380
bills are more expensive than 10 year debt so longer term it compounds the problem until we get to the
00:45:30.600
point of no return and we're essentially there already it's unsustainable yet they're continuing down
00:45:36.600
the same path and we've said it before and we'll say it again this is essentially how every empire in
00:45:43.440
history has collapsed a move to expand an increase in the money supply a collapse of the money and a
00:45:49.800
collapse of the empire and they know it yet they're continuing down the same path because maybe they
00:45:55.240
feel we're at the point of no return now by the way rogoff uh told us he put out that uh he put out
00:46:01.580
that article again a couple of weeks ago he's written the book the definitive kind of seminal work
00:46:06.020
the title is called this time it's totally different and he goes back through every
00:46:10.640
democracy every republic every dictatorship no matter where you are when the leaders of the
00:46:17.080
country that control the money supply when the leaders of the country that control the fiscal
00:46:21.360
management when debt goes above gdp it really goes above and they all say oh this time is different
00:46:26.200
for this reason it is 100 of the time been wrong and that's where we're reaching the danger zone now
00:46:32.400
the united states of america only a revolt of maga can stop this only return to trump and and putting
00:46:38.800
some courage into the house of representatives because they actually have the power of the purse
00:46:44.180
set up by the founding generation okay philip patrick is going to stick around we're going to talk about
00:46:49.820
philip patrick about access to philip patrick and the team at birch gold because now more than ever
00:46:55.280
is when you guys need to really reach out and make contact we're very proud of the macro economics we
00:47:01.340
take you through the capital markets analysis we take you to but at some point in time you got to
00:47:06.240
talk about tax deferred instruments tax-free instruments the instrumentality of how you get
00:47:11.160
into precious metals short commercial break philip patrick from birch gold is going to join us
00:47:15.360
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okay welcome back um i'm very proud of the work we've done with uh birch gold and since
00:48:59.740
their their their kindness and helping us put this together over the last three or four years
00:49:03.360
the end of the dollar empire one of the things we're trying to do here is make sure that this
00:49:08.800
working class and middle class audience that makes up the world posse you're informed as if you went to
00:49:14.300
graduate school in uh in economics at least got a master's degree or an mba this is why the end of
00:49:20.780
the dollar empire it's five part series philip patrick and the teams really helped me on this the last
00:49:26.240
one we just put out is the central bank digital currency you find out why the bricks nations the
00:49:32.260
global south the people can kind of control the resources why their central banks are buying gold
00:49:37.860
at record rates in 22 23 and now starting off 24 and why our fed besides monetizing the debt
00:49:44.600
okay and paying for this fiscal madness are also working on a digital currency the one this the
00:49:51.620
installment before and all these are free installment before that is nixon getting us off the gold
00:49:55.980
standard which i think will shock you and of course the one before that was the debt trap when we
00:50:00.160
talk about the importance of currency the currency in the economic life of a nation they knew that
00:50:06.220
right off the end of world war ii that's why breton woods the elite set up the u.s dollar to be the
00:50:11.360
prime reserve currency we're living with that today there's a lot of benefits to that but man there
00:50:17.040
are some real obligations our elites don't want to see those obligations out one is not to be
00:50:21.420
absolutely insane when it comes to fiscal and monetary management philip i want to take this
00:50:27.260
the few minutes we got left and really what i'm so proud is that you give access like feedback i get
00:50:31.940
from people in birch gold is to get tremendous access to people and actually understand what's
00:50:36.880
going on our audience we get them the macro you guys help me do that you come on now hopefully every
00:50:43.160
saturday because i know you're jammed during the week but when people go to birchgold.com
00:50:47.180
slash bannon and they want to find out more they want to get information kits they want to talk to
00:50:51.720
you or one of your colleagues walk us through what the process is it's really simple it starts with
00:50:57.440
information birchgold.com forward slash bannon that's going to give them access not only to
00:51:03.460
the the the five-part series the end of the dollar empire that's really going to help to build
00:51:09.360
broad economic knowledge understand history how we got to where we are today as you mentioned
00:51:15.580
the most recent installment talking about the potential for central bank digital currencies
00:51:20.640
outside of that they also get access to a guide on how to purchase gold why to purchase gold how to
00:51:27.840
invest in it and more importantly they'll have access if their interest is peaked to individuals
00:51:34.180
like myself that are there to guide through to explain how it applies to the individual like
00:51:39.680
like you say on a micro level so you know we're all about information it's key for us because we feel
00:51:45.560
that when people are fully informed that's how they can make good decisions so birchgold.com
00:51:51.520
forward slash bannon start with the information and then we'll go one step at a time from there but
00:51:56.820
anyone that has retirement accounts cash in the banks losing in the realities of uh you know the
00:52:03.180
biden economy precious metals in this climate are a very good solution as you say always they have
00:52:09.780
been for thousands of years and they continue to be so so just contact us and uh get informed and
00:52:16.340
we'll take it from there well one thing is also because it's not just simply the the the price of
00:52:22.760
gold it's the spread between the dollar and the drop in purchasing power and one thing to try and get
00:52:28.100
people to do is understand purchasing power of the dollar and how that's being destroyed and it's being
00:52:32.800
destroyed on purpose this is not some natural this is not the second law of thermodynamics this is
00:52:38.860
not a natural property in the natural world this is because the decisions by the elites in this country
00:52:44.280
particularly the uniparty which are their bag boys right of doing this but the purchasing power of the
00:52:49.760
dollar is going to get increasingly crushed and you just look at the math of it that's why even if
00:52:55.860
you haven't been oh i'm not a gold bug i don't know about gold now more than ever you need to
00:53:01.040
immerse yourself and understand it if you make a conscious decision not to do it that's fine
00:53:05.640
but no longer can you just sit there and go well you know i'm not that interested in it i don't know
00:53:10.060
much about it that's why we do the end of the dollar empire with birch gold that's what we make
00:53:14.480
philip patrick and the team but the key is the drop in the purchasing power of the dollar that's
00:53:20.680
what's stealing from people every day philip patrick it's it's exactly right now that's what we tell
00:53:25.940
people every single day it's not gold is not a get rich quick scheme right if you're not a
00:53:31.180
multi-millionaire today it's not going to make you that overnight it is about preserving buying power
00:53:37.260
it is making sure that every dollar bill you protect with gold today in 10 15 20 years time can do
00:53:44.900
what it can today that's the premise with gold and with a federal government that is massively
00:53:50.580
increasing the supply of dollars and that is incentivizing nations around the world to to
00:53:57.800
distance from the dollar so affecting demand whilst increasing supply that only ends in one way it's
00:54:04.560
only ended one way throughout history this time it will not be different so gold is how one protects
00:54:12.080
against it and i encourage everyone what you said i thought was brilliant learn the learn it understand
00:54:17.580
it and if it's not for you it's not for you but you have to get the information make sure you make
00:54:23.760
a conscious decision it's not for me don't do it just from ignorance this is why we're so proud to
00:54:28.620
partner and the end of the dollar empire it's all free off five installments then philip patrick
00:54:33.400
what he puts up on getter what what their information kits they're on they give us articles we put up
00:54:39.060
in our daily emails it's just absolutely incredible one thing i want to leave the audience with
00:54:43.760
the world today has got about 350 trillion dollars in debt when you add everything up
00:54:48.140
we are heading and hurtling towards the biggest margin call in the history of the world and things
00:54:54.280
will be different on the other side of that just remember so now you have to arm yourself knowledge
00:54:58.940
is power knowledge is power and knowledge about money is right now ultimate power in the physical
00:55:05.900
world that it manifests itself philip patrick where do people get to you on social media
00:55:10.020
uh at philip patrick on getter again at philip patrick on getter and for information on gold
00:55:18.940
very simple birchgold.com forward slash bannon and make sure you get access uh the birch guys
00:55:26.620
make sure that philip patrick and the team are available use that tap into that resource another
00:55:31.460
resource we're very proud the war room to be able to offer to the boardroom posse philip patrick thank
00:55:36.320
you and particularly thank you for taking time on a saturday to do this really appreciate it
00:55:39.740
thank you for having me as always steve thank you okay tons of good uh programming throughout the
00:55:47.280
day on real america's voice of course our president is going to be out and about we'll be following him
00:55:52.760
a non-stop make sure you go to my getter account we'll be putting up great stuff on getter all day we're
00:55:58.880
back here next week at uh on monday morning at 10 a.m in the interim two things i'm very proud of
00:56:06.980
also in addition to our relationship with birch gold is our coffee warpath coffee get on the warpath
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today you go by going to warpath.coffee and go to uh war room you get your 15 discount but look at the
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endorsements from the audience look at the endorsements from people just like yourself
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also sacred human health dot com grass-fed beef livers boom get the energy energy jolt you'll get
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from uh from grass-fed beef livers okay real america's voice programming continues throughout
00:56:41.340
the day we're back here live at 10 a.m eastern daylight time on monday morning in the war room
00:56:46.480
right now millions of americans face prescription medication shortages the fda's medication shortage
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currently has over 120 prescription medications listed some patients are being forced into more
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you need a strong heart you need a lion's heart how we're going to do that is with salty go there do it