Bannon's War Room - Episode 3604： Wasteful Spending To Just Buy Votes

00:00:00.000 Oh, this makes it real.

00:00:02.060 Including President Trump.

00:00:04.860 Let's talk about this.

00:00:05.920 The Republicans have been very hesitant.

00:00:07.840 You've had judges.

00:00:08.740 You've had appellate courts.

00:00:09.680 They're now getting involved.

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?

00:00:31.900 There's so much going on.

00:00:33.400 They're sending letters.

00:00:34.800 They're sending sharply worded letters.

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.

00:01:03.480 50 hours.

00:01:04.280 Punishable by death.

00:01:05.380 You know, Hunter Biden has two, three hours.

00:01:07.080 They go in there.

00:01:07.760 They let him out.

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.

00:01:16.880 You know, I didn't make billions.

00:01:18.280 I don't have China invested in me.

00:01:19.760 I don't have Russia invested in me.

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.

00:01:33.540 Oh, you know what?

00:01:34.080 We've got to give it to the crackheads, too, Steve, because, you know, they are underrepresented. 1.00

00:01:37.880 No, they have geniuses doing it, not morons. 1.00

00:01:42.300 It's so flagrant, and yet they continue to do this. 0.99

00:01:45.300 So with my father, you know, 700 years behind bars for what?

00:01:48.680 Peace and mean tweets?

00:01:49.800 I mean, you know, I don't know.

00:01:51.220 It seems a little hard.

00:01:52.000 And they're serious about the 700 years.

00:01:53.540 Oh, yeah, no, 100 years.

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.

00:02:05.160 We all understand it's a game.

00:02:06.540 It doesn't matter.

00:02:07.680 There's a consequence.

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.

00:02:13.440 And they're serious about doing this.

00:02:15.560 They're serious.

00:02:16.240 They are serious about doing this.

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.

00:02:26.720 We're going to make sure they do this.

00:02:27.760 We're going to give Jack Smith all.

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.

00:02:37.540 Our guys, no, we must fund him.

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.

00:02:46.600 Like, we've seen this before.

00:02:48.720 You know, it's not like, hey, there's a bunch of cases and seven of them are perfect clean.

00:02:52.340 And, you know, something's wrong.

00:02:53.700 We got to each one of them.

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.

00:03:07.700 Right. 0.88

00:03:08.000 That was the guy had a crappy track record, terrible ethics, already caught up in a munch. 0.99

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.

00:03:29.460 That's what I'm saying.

00:03:30.040 It takes a federal judge.

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.

00:03:37.800 I've had it.

00:03:38.280 You know, we need transparency.

00:03:39.740 I know you understand this.

00:03:40.680 It takes an appellate court in the state of Georgia to say, stop this Fonnie Willis thing. 0.97

00:03:45.600 This is ridiculous. 0.91

00:03:46.460 We're going to do it. 0.82

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.

00:03:58.640 It's not close calls.

00:04:00.120 These are obscene.

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.

00:04:20.240 The president tells four weeks.

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.

00:04:28.280 So you're in court on a trial.

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.

00:04:37.920 Let's see where the testimony leads.

00:04:39.360 And then we'll we'll make up the crime and then try to back in our closing statements.

00:04:43.680 And that's not how our system works.

00:04:45.880 I'm not a lawyer.

00:04:46.600 And I don't need to know that.

00:04:47.580 Just like I didn't need to know that the Wuhan lab leak happened from a Wuhan lab.

00:04:51.580 Right.

00:04:51.700 You don't have to be a genius to see what's going on anymore.

00:04:53.980 It's not like these people are covering it up.

00:04:56.000 Well, right.

00:04:56.800 And there's nuance.

00:04:58.040 It's so flagrant.

00:04:59.360 And that's what's scary.

00:05:00.720 You think it's scary because they don't care.

00:05:03.000 They say we got the power.

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.

00:05:11.760 You'd forget who he's talking to right now.

00:05:13.220 It would be.

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.

00:05:27.340 Right.

00:05:28.400 They don't care.

00:05:29.960 It's about power.

00:05:31.380 It's about money.

00:05:32.800 It's about setting an example.

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.

00:05:44.040 Enjoy your life.

00:05:45.000 You've made billions of dollars.

00:05:46.360 Go enjoy that.

00:05:47.100 Sit on the beach.

00:05:47.720 You can donate to a couple of people.

00:05:49.160 We won't.

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.

00:05:57.560 And that's from both sides.

00:05:58.420 Here's where I say your father is not just the greatest patriot of modern times.

00:06:03.780 He ranks with General Washington and Lincoln.

00:06:06.660 Here's why.

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.

00:06:14.560 President Trump goes back.

00:06:16.420 Every incentive was just to, you know, the New York Times reported the outbreak came to him.

00:06:20.600 Just accept it.

00:06:21.380 Take a big book deal.

00:06:22.400 Buy some more golf courses.

00:06:23.460 Enjoy your family.

00:06:24.240 It's over.

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.

00:06:42.480 He knew they would try to bankrupt him.

00:06:44.360 He knew they would try to put him in prison. 0.97

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.

00:06:57.540 It's even more heroic than what he did in 16.

00:06:59.700 Well, in 16, but he knew it then, too.

00:07:02.140 I wrote about it in my book.

00:07:03.420 I think we've discussed it before.

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?

00:07:16.800 A, he knew what was going to happen.

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.

00:07:31.500 Amen.

00:07:31.960 So it wasn't like he was naive and it was like, oh, he woke up.

00:07:34.480 I can't believe this happened.

00:07:35.620 I had no idea.

00:07:36.280 Like he knew exactly what would happen and he did it anyway.

00:07:38.540 And so he's been very consistent about that.

00:07:40.600 We have to fight to save the republic because it is on the table.

00:07:43.940 It is at risk.

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. 1.00

00:08:09.400 The White House counsels, who in the White House, where are the meetings in the Oval Office?

00:08:13.200 Oh, and Matt Colangelo.

00:08:14.540 I mean, Colangelo's perfect.

00:08:15.800 Biden's number three at Biden's DOJ.

00:08:18.220 Yes.

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.

00:08:27.460 And Pomerang, who hates your dad.

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. 0.99

00:08:46.560 I mean, are we that stupid at this? 0.98

00:08:48.220 I mean, there is no such thing as coincidence, period. 0.99

00:08:50.900 And there is certainly no such thing as this much coincidence.

00:08:54.060 Colangelo gives the opening argument.

00:08:56.320 I mean, they're so brazen.

00:08:57.440 And he's the architect, but also the guys up there are kind of dim bulbs.

00:09:01.100 So he's got to sit there seconded from DOJ.

00:09:03.800 He's the number three guy.

00:09:05.020 He's got to actually make the opening argument.

00:09:06.740 Well, again, you're right.

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.

00:09:21.500 So you have 100% stacked jury.

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.

00:09:40.820 You couldn't go to dinner.

00:09:42.100 You wouldn't be accepted in polite society.

00:09:43.960 Let's talk about that.

00:09:44.300 Nobody wants to talk about that.

00:09:44.960 The press will ride you like seed biscuits.

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.

00:09:54.280 On purpose, by the way.

00:09:54.960 Not because they weren't right, but on purpose, because it's not about finding out the truth.

00:10:00.000 It's not about getting to an equitable result.

00:10:02.200 It's about persecuting your political enemies.

00:10:05.540 Nothing more, nothing less.

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.

00:10:36.380 They weren't even late for a single payment.

00:10:38.200 Like, we wanted to do more business, not less.

00:10:40.340 No, no, no.

00:10:41.320 You know, Deutsche Bank, right?

00:10:42.220 This minor, like, what, trillion dollar business, right?

00:10:45.260 Deutsche Bank.

00:10:46.000 No, no, no.

00:10:46.500 You're a victim.

00:10:47.480 You didn't do your own due diligence.

00:10:49.100 No, no, we did our own due diligence.

00:10:50.400 You have to.

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.

00:11:01.760 They have the producer.

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.

00:11:17.760 They did it.

00:11:18.580 All that's there, right?

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.

00:11:27.220 Well, the judge didn't understand either.

00:11:28.520 Because the problem is they also wouldn't let it go into the commercial division.

00:11:32.800 Exactly.

00:11:33.140 Which handles business.

00:11:34.180 Exactly.

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.

00:12:03.380 We talk about a golf course.

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?

00:12:16.360 Like, oh, next question.

00:12:18.320 They had no understanding.

00:12:20.220 No commercial understanding. 1.00

00:12:21.340 I don't even know how they, like, such, almost imbecilic. 0.97

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. 0.98

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.

00:12:39.020 It's a land bank.

00:12:39.720 Like, yeah, how do you value that?

00:12:41.300 What about the hotel component of that?

00:12:42.880 Or Mar-a-Lago.

00:12:44.500 Or Mar-a-Lago, yeah.

00:12:45.560 $18 million.

00:12:46.420 I can go.

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.

00:12:54.780 I understand.

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.

00:13:13.360 Right.

00:13:13.640 You know, so I took them through.

00:13:14.800 Here's a picture of the end.

00:13:15.780 And the judge goes, oh, my God.

00:13:17.840 Like, even he was like, but it didn't matter.

00:13:21.440 Right.

00:13:21.640 So he knew I was right. 0.96

00:13:23.280 He knew they were, it was ridiculous, but it didn't matter. 0.70

00:13:26.020 Mar-a-Lago is worth $18 million. 0.51

00:13:27.240 I called my dad when they said that the first time.

00:13:29.200 I called him.

00:13:29.660 I go, hey, I want $10 million.

00:13:31.260 He goes, what?

00:13:32.200 He goes, no, if Mar-a-Lago is worth $18 million, I want $10 million.

00:13:34.240 I'll come up with the money.

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.

00:13:42.940 Unbelievable.

00:13:43.500 Talk to us about the rest of the summer.

00:13:45.680 Where are you going to be spending your time?

00:13:46.880 We've got the convention.

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.

00:13:55.080 Where do we go from here on the campaign?

00:13:57.000 Your father's in New Jersey today, I think is fantastic.

00:13:59.160 Yeah, no, I think it's great.

00:14:00.380 His thing is, hey, I'm looking at Minnesota.

00:14:02.680 I'm looking at Jersey.

00:14:03.720 I'm looking at Virginia.

00:14:05.060 I want to add to this.

00:14:06.120 Well, because he understands also it's not just about winning the presidency.

00:14:09.580 We also got to win those congressional seats.

00:14:11.260 We got to, you know, we got to win dog catcher.

00:14:13.280 We got to win school boards.

00:14:14.340 We got to get people involved.

00:14:15.560 Across the board, right?

00:14:16.880 It's actually far less about the presidency.

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

00:14:25.880 this and we lose state legislator. 0.94

00:14:27.120 Because, like, you know, I'll get another 50 hours of testimony where they're trying to

00:14:31.360 put me in jail for treason again.

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?

00:14:36.420 We have to be, we need people out there.

00:14:39.080 We have to understand what is at risk.

00:14:41.160 Everything is on the table.

00:14:42.480 The Democrats are saying it.

00:14:43.520 It's not like they're pretending anymore.

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

00:14:52.000 to pursue that, who won't they pursue?

00:14:54.440 Who can't they destroy?

00:14:56.040 If they can destroy what was arguably one of the most powerful men in the world.

00:15:00.500 That's the point.

00:15:01.340 They're laying that message out.

00:15:02.660 And that's a powerful but also a strong individual.

00:15:04.840 Think of what it takes.

00:15:05.840 Oh, correct.

00:15:06.300 Yeah.

00:15:06.500 You saw Peter today.

00:15:07.440 He's a tough nut, right?

00:15:08.880 This is what they're trying to do.

00:15:10.080 They're trying to break these people.

00:15:10.940 If they can try to break President Trump as strong as he is.

00:15:14.020 Think about it.

00:15:14.460 I also tell people all the time that we have to start taking the burden off his shoulders.

00:15:20.040 One man can't do it all.

00:15:21.940 This is why I'm all on the House every day.

00:15:23.660 We need to step up.

00:15:24.720 We need investigations.

00:15:25.920 You can't, oh, we're going to wait until Trump comes back in 25.

00:15:28.600 We're going to wait on the border.

00:15:29.720 We're going to wait on Ukraine. 0.88

00:15:31.340 We're going to wait on, you know, he's got the huge tax.

00:15:34.340 We're going to wait on cutting spending.

00:15:36.000 We'll just make his, makes him trying to get his tax cuts back in even harder.

00:15:40.080 Everybody's sitting here.

00:15:40.780 We're just waiting for Trump.

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.

00:15:50.680 Yeah.

00:15:51.120 Listen, you're 100% right.

00:15:53.120 Do I think any of that will happen?

00:15:55.280 Not even a little bit.

00:15:56.700 I have all.

00:15:57.920 You've seen it before.

00:15:59.100 You just think it's.

00:15:59.640 I've been watching.

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,

00:16:06.020 but I remember, you know, I committed treason.

00:16:08.540 I'm an agent of Russia. 0.93

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.

00:16:49.520 It's like, no, they're not.

00:16:50.880 And so, you know, that's just one example of, you know, 435 of them in Congress, right?

00:16:57.820 They do that.

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?

00:17:03.780 But, you know, then they sign the bill.

00:17:04.980 FISA is so terrible.

00:17:05.860 Sign the bill.

00:17:06.820 You know, expand FISA.

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.

00:17:21.520 You can be like 90 percent conservative.

00:17:23.920 Yeah, sure.

00:17:24.420 You can vote on this.

00:17:25.260 But like, hey, this is a big one.

00:17:27.300 OK, we'll fold.

00:17:28.020 We'll give you everything you want.

00:17:30.300 That is all performative.

00:17:31.600 That is how it works in D.C.

00:17:33.060 And so your father knows leverage.

00:17:34.480 He needs leverage.

00:17:35.100 Can you guys hang.

00:17:35.700 We're going to take a short commercial break.

00:17:36.860 You guys hang for a few minutes on the other side.

00:17:39.200 OK, take a short commercial break here.

00:17:40.900 Make sure Birch Gold, Philip Patrick's coming on at the bottom of the hour.

00:17:45.760 We've got Philip Patrick here.

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.

00:18:07.240 All through it, five free installments.

00:18:10.900 Including why Richard Nixon got off the gold standard, installment number four.

00:18:14.160 Philip Patrick at the bottom of the hour.

00:18:15.640 Short commercial break.

00:18:16.820 Sergio Gore.

00:18:18.040 Don Jr. with us in the war room.

00:18:20.760 Spread the word all through Hong Kong.

00:18:23.160 We will fight till they're all gone.

00:18:25.700 We rejoice when there's no more. 0.95

00:18:27.560 Let's take down the CCP.

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.

00:19:44.580 Go to RickardsWarRoom.com.

00:19:46.580 That's RickardsWarRoom.com now to see the video.

00:19:51.340 Here's your host, Stephen K. Vance.

00:19:55.200 Okay, welcome back to the war room.

00:19:57.480 The book is The New MAGA Deal.

00:19:59.100 It's by Dr. Peter Navarro.

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,

00:20:11.180 hey, look, I don't want to hear your nonsense. 0.68

00:20:12.660 This is Trump's policies. 0.61

00:20:13.740 He talks about them all the time at the rallies, but the liberal media will not pay attention to,

00:20:19.300 quite frankly, some of the conservative media.

00:20:20.860 Also, this is the weapon you need.

00:20:23.060 NewMagaDeal.com is where you go.

00:20:24.600 Sergio, I want to thank you so much for helping pull that book together.

00:20:26.920 Thank you, sir.

00:20:27.280 We couldn't have done it without you.

00:20:28.320 Well, when he came to us, you got Carrie Lake, you got MTG.

00:20:31.260 Janine Pirro.

00:20:32.220 No hard course.

00:20:33.320 Charlie.

00:20:33.580 But you know what?

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.

00:20:45.260 And it was like, they came back to us.

00:20:46.780 Well, it found out basically we're subsidizing bestsellers from conservative office are subsidizing 0.94

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. 0.97

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

00:21:12.000 figures.

00:21:12.420 They're in Congress.

00:21:13.640 They'd get a book deal, and they'd get it pulled.

00:21:15.680 Peter gets a book deal pulled from him.

00:21:17.800 Yes.

00:21:17.960 You know, so we want to make sure that we have an outlet.

00:21:20.780 We got to build our own.

00:21:21.680 They always say we got to do that.

00:21:22.740 So we actually have done that.

00:21:23.980 And I think it's also important to note, publishers tend to be liberal, right?

00:21:27.380 And it's very easy to sabotage someone's book.

00:21:29.640 Just look at Christine Ohm and what they did to her. 1.00

00:21:32.080 And so, you know, it's so much of it.

00:21:35.020 You rely on other people.

00:21:36.460 It's very easy to.

00:21:37.440 You also did the coolest book of last year, which was the book of all the letters.

00:21:40.780 The letters.

00:21:41.240 All the letters.

00:21:41.900 The letters to Trump.

00:21:42.960 It was amazing how people revere this guy until you guys came in the elevator and went

00:21:48.700 down the escalator.

00:21:49.640 Know who your friends are.

00:21:51.020 Thank you very much for doing this.

00:21:52.100 Really appreciate it.

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.

00:22:00.320 Well, too much is at stake.

00:22:02.640 When you're talking about the Republic, right?

00:22:04.380 It's not like, eh, it's a deal or money.

00:22:07.180 There's too much at stake.

00:22:08.120 We got to keep fighting.

00:22:08.900 Like father, like son.

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 0.98

00:22:26.360 in that dingy courtroom and listen to this crap all day long and then the gagging. 0.94

00:22:30.260 So he came to talk about it. 0.99

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

00:22:39.960 and fight because courage is what it's about.

00:22:42.060 And we're going to win this thing so big.

00:22:44.760 A hundred percent.

00:22:45.260 And then it's going to be our time to drive it, right?

00:22:48.700 Oh, yeah.

00:22:49.400 You're the vice.

00:22:49.960 Now you had a commitment. 0.95

00:22:51.440 You're the vice.

00:22:52.300 I don't want anything. 1.00

00:22:53.880 I don't like, I just want to be there to block the scumbags because there's a lot of 0.99

00:22:57.860 them. 0.98

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

00:23:06.480 to be a, uh, that's an important one.

00:23:08.820 And that's what we didn't know the first time.

00:23:10.300 Yeah.

00:23:10.640 I think had we known that, had we had that kind of insider knowledge, uh, the, the accomplishments

00:23:15.840 were incredible.

00:23:16.680 They would have been incredible, but I tell you, they, they tried to steal his first term.

00:23:21.520 They stole his second victory.

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.

00:23:29.660 Yeah.

00:23:29.980 Thank you guys.

00:23:30.640 Thank you for doing that.

00:23:31.640 And our audience just loves it.

00:23:33.780 The new MAGA deal.

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?

00:23:43.080 Thanks guys.

00:23:43.940 You never know.

00:23:44.820 This is why I love Rav's studio on West Palm beach.

00:23:47.240 You never know who's going to drop by.

00:23:49.120 Let's go ahead and play the song.

00:23:50.220 This is mama from a, uh, from a MAGA artist.

00:23:54.400 I'm going to have her up right for the song.

00:23:55.620 Let's go ahead and play it.

00:23:56.160 Let's go.

00:23:57.560 Let's go.

00:24:02.460 Let's go.

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

00:24:28.580 everybody's got their cheap two cents

00:24:43.460 strangers teachers even the government 0.98

00:24:48.260 i'm not one to make a scene but you're crazy is my gasoline 0.95

00:24:55.960 just try me and you'll find out what i mean 0.99

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

00:25:33.260 like a mama bear in the wild

00:25:36.080 a little pretty

00:25:37.520 pretty deadly

00:25:39.080 ain't looking for a fight but i'm ready

00:25:41.920 i'm the grit

00:25:43.100 and the grace

00:25:44.260 so don't give me my way

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

00:25:59.240 because i'm mama

00:26:07.500 oh i'm mama

00:26:13.500 back off my babies i'm mama

00:26:19.220 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 0.99

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

00:27:29.460 so that's where it came from

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

00:31:52.280 filed in a while receiving threatening letters hey it's about to get worse you know why the irs is

00:31:59.780 hiring an army of agents targeting hard-working americans like you they ain't going after the

00:32:04.860 billionaires they're coming after you and you need warriors on your side you need tax network usa tax

00:32:12.280 network usa has a brilliant strategy to solve your irs problems quickly and in your favor for instance

00:32:18.900 they discover a limited special offer that the irs is willing to waive one billion dollars in penalties

00:32:25.380 let me repeat that the irs is prepared to waive one billion dollars in penalties but you have to find out

00:32:32.700 today whether you qualify never let the irs come at you alone let tax network usa's attorneys handle it

00:32:41.940 they have preferred direct lines to the irs they know which agents to work with and which agents to avoid

00:32:48.700 they've resolved over one billion dollars in tax debt and offer a best-in-class guarantee let me

00:32:55.120 repeat that they've already solved for folks less just like yourself one billion dollars in tax debts

00:33:01.840 now schedule your free consultation let me repeat that's a free consultation now call 1-800-245-6000

00:33:10.740 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 1.00

00:40:37.860 that are revolting these marxists that are revolting on college campuses sir yeah it's it's 1.00

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 0.98

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 0.71

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 0.92

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 0.94

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

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00:48:47.160 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

00:56:12.560 today you go by going to warpath.coffee and go to uh war room you get your 15 discount but look at the

00:56:21.640 endorsements from the audience look at the endorsements from people just like yourself

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00:56:36.060 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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Bannon's War Room - May 11, 2024

Episode 3604： Wasteful Spending To Just Buy Votes

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