Bannon's War Room - May 18, 2024


Episode 3621： The Patriot Economy And Hedging Against Economic Collapse


Episode Stats

Length

55 minutes

Words per Minute

183.16817

Word Count

10,098

Sentence Count

979

Misogynist Sentences

6

Hate Speech Sentences

15


Summary

Join Steve and Ben as they discuss the latest in the Ukraine crisis, including the White House decision to send more troops to Ukraine, and the reaction to it. Plus, the latest on the situation in Ukraine and Russia.


Transcript

00:00:00.000 This is the primal scream of a dying regime.
00:00:07.320 Pray for our enemies, because we're going medieval on these people.
00:00:12.560 I got a free shot at all these networks lying about the people.
00:00:16.820 The people have had a belly full of it.
00:00:18.760 I know you don't like hearing that.
00:00:20.200 I know you try to do everything in the world to stop that,
00:00:21.920 but you're not going to stop it.
00:00:22.860 It's going to happen.
00:00:24.120 And where do people like that go to share the big lie?
00:00:27.520 Mega Media.
00:00:28.440 I wish in my soul, I wish that any of these people had a conscience.
00:00:34.360 Ask yourself, what is my task and what is my purpose?
00:00:38.060 If that answer is to save my country, this country will be saved.
00:00:44.480 War Room. Here's your host, Stephen K. Bannon.
00:00:49.340 Okay, welcome back.
00:00:50.920 It's Saturday, 18 May, Eurovalor 2024.
00:00:54.820 Make sure you're on fire with us.
00:00:56.660 Get some Warpath coffee.
00:00:57.880 Get on the Warpath today, warpath.coffee.
00:00:59.900 Go check it out.
00:01:00.680 But what you should check out is what your fellow War Room Posse members are saying about it.
00:01:05.820 The rave reviews.
00:01:06.660 Also, sacred human health.
00:01:08.480 The grass-fed beef livers.
00:01:09.840 We need energy, energy, energy.
00:01:11.680 Action, action, action.
00:01:12.840 Just go check out what your fellow Posse members are saying about that.
00:01:16.760 Just go to both websites.
00:01:18.040 Immerse yourself in information.
00:01:20.000 You're free men and women.
00:01:21.080 You make the decision.
00:01:21.800 Ben Harnwell, Larry Swiker saying the nations of Europe are waking up.
00:01:25.600 You've got a big pushback on the migration.
00:01:27.400 You and Raheem are arguing about what's going to happen to Ukraine eventually.
00:01:31.660 I'm worried about what's going to happen to Ukraine because I'm telling you folks, this is Vietnam all over again.
00:01:37.260 This is Iraq all over again.
00:01:38.740 This is Afghanistan all over again.
00:01:40.280 And Raheem's nailed it.
00:01:41.160 The massive weapons manufacturers have basically owned the traditional Republican Party, lock, stock, and barrel, and they are driving us into this.
00:01:51.340 Raheem said they need another playing field for another 20 years, another $7 trillion like in Iraq.
00:01:56.580 Harnwell, you're at the forefront of this.
00:01:58.260 Your thoughts before we let you bounce on a Saturday.
00:02:00.420 Thanks, Steve.
00:02:02.180 Well, look, we covered during the week this Europe-wide poll that had been conducted by, commissioned by Arte Television, the Swiss, the French-German culture network, which had an astonishing result.
00:02:15.560 So the numbers basically between 79 and 89 percent against Europe and America having boots on the ground in Ukraine.
00:02:27.140 So there's a huge appetite not to go there.
00:02:30.720 And I think the European elections in around three weeks' time are a break, if you will, on the European elites.
00:02:38.380 Over in the United States, I think the major breaking point is, as you've both been saying, November this year, the presidential elections.
00:02:45.400 So that's the six-month window.
00:02:47.020 And as I suggested on the show the other day, I'll mention it again now, the way I am interpreting General Charles Brown's comments, both from yesterday, from his comments to journalists in Brussels, about getting NATO into Ukraine eventually.
00:03:04.580 And again today, we heard about the Ukraine request to use American-provided missiles deep inside Russian territory.
00:03:12.560 My take on this is that there is some kind of negotiation, probably not explicit, going on now between the White House and Russia.
00:03:26.640 And the deal is this.
00:03:27.840 The deal is this.
00:03:28.720 Kharkiv can't fall.
00:03:30.820 Absolutely not.
00:03:32.300 Certainly not.
00:03:33.540 Kiev cannot be allowed to fall before November, before the presidential elections.
00:03:39.060 Because Biden's re-election is, I think, hanging on the back of that.
00:03:44.580 Do you buy that?
00:03:46.600 Yeah.
00:03:47.660 You buy that?
00:03:49.660 Yeah.
00:03:50.380 Look, I understand the theory.
00:03:52.520 I also think that the contra could also be true, which is to say that they will say, you know, now that this has fallen, this is evidence that we can't have somebody like Trump here.
00:04:03.600 Because clearly, otherwise, the whole of Ukraine is going to be taken, and then Kiev will fall, and then Russia will expand.
00:04:09.380 And he'll destroy NATO.
00:04:10.460 I see it from both sides.
00:04:11.640 Yeah, it could go either way.
00:04:12.920 Ben, we're going to have you back on.
00:04:14.160 This is going to be—I'm telling folks right now, every day, this illegitimate regime are making steps that draw us further in to a shooting ward.
00:04:22.960 I mean, actually, where we're a part of it, you've got the 101st Airborne, a brigade of them, right there in Romania, right on the border, ready to go in.
00:04:30.060 And they're going to use any excuse in the world to get American combat troops in here.
00:04:33.340 They're going to call them everything, trainers, specialists, all that.
00:04:36.480 You see what's happening with the targeting.
00:04:38.220 And somebody in the House has to demand that Biden come on the War Powers Act and lay out in front of the American people now, not wait until the run-up in the election after Labor Day, but now to walk through exactly what his plan is for Ukraine.
00:04:53.080 Ben Harnwell, where do people get you, sir?
00:04:56.120 Thanks so much, Steve.
00:04:57.140 On Getter, simply tap in my surname, Harnwell, and I'll be updating my feed throughout the weekend.
00:05:03.020 Thanks, Steve.
00:05:03.520 God bless.
00:05:04.680 Bye.
00:05:04.860 Thank you so much, Ben Harnwell.
00:05:06.320 Okay, I've got a short cold open.
00:05:08.200 I've got Mike Lindell from last night.
00:05:10.080 Let's go ahead and play.
00:05:10.880 We'll bring Mike Lindell in.
00:05:13.520 But Americans are not struggling.
00:05:15.700 You know, this is the worst platform.
00:05:18.640 Who put this stage up here?
00:05:20.320 This is the worst.
00:05:21.120 The frickin' place is falling down.
00:05:24.960 I notice it keeps tilting further left.
00:05:32.360 Like too many other things.
00:05:36.320 What a crappy contractor this was.
00:05:42.200 No, it's true.
00:05:43.000 You know, I'm known as being a pretty tough negotiator.
00:05:45.660 And sometimes I get a bad rep.
00:05:48.020 A contractor does a bad job.
00:05:49.800 I met a lot of great contractors there.
00:05:51.500 But he does a bad job.
00:05:52.420 I don't pay him.
00:05:53.640 And then they say, Trump doesn't pay his bills.
00:05:55.400 I pay my bills.
00:05:56.180 I pay the bills so fast if they're good.
00:05:58.040 But this happens to be, look, the teleprompter is useless.
00:06:01.540 It fell down.
00:06:02.600 I don't know why it fell down.
00:06:03.980 It's not like, I don't mind.
00:06:04.960 I've lost teleprompters to wind.
00:06:06.420 There's no wind in here.
00:06:07.900 So why the hell did it fall down?
00:06:09.700 Did you see it?
00:06:10.360 It fell down.
00:06:11.280 I'm standing here listening to the great Lee Greenwood.
00:06:15.620 And the teleprompter falls off the stage.
00:06:18.280 Now I put my hand on this thing and the thing tilts over.
00:06:21.760 This is not, I think it was Emmer.
00:06:23.920 Maybe Emmer doesn't like me.
00:06:29.080 Mike Lindell, you were there.
00:06:30.500 Tell us about it, sir.
00:06:31.420 Last time we left you, you were being attacked by Antifa trying to talk to us outside.
00:06:36.660 I guess you got through.
00:06:37.800 Secret Service took care of you.
00:06:39.300 Tell us about President Trump's speech.
00:06:41.620 It was a great speech.
00:06:42.940 And everybody sees his humor in there.
00:06:44.540 He mixes humor and seriousness like no other person in history.
00:06:52.040 He took a bad situation.
00:06:54.580 The teleprompter actually fell off the stage while they were playing the song with Lee Greenwood.
00:06:59.480 But what a great night it was.
00:07:01.760 And by the way, Steve, we took pictures in the back in front of the real Minnesota flag.
00:07:08.460 The flag they should keep.
00:07:09.820 Not the new Islamic flag they got going here in Minnesota.
00:07:12.720 Hold it.
00:07:13.620 Whoa, whoa, whoa, whoa, whoa, whoa, whoa.
00:07:15.420 The flag we're going to keep.
00:07:16.580 You're going to get back.
00:07:17.440 You're going to keep it.
00:07:18.160 Not we're thinking about it.
00:07:19.460 That's got to happen.
00:07:20.280 Yeah, we're going to do it.
00:07:20.820 You can't have this Islamic flag over Minnesota.
00:07:23.720 By the way, breaking news.
00:07:25.040 I think it's in Wisconsin.
00:07:26.560 Give me a minute on that.
00:07:28.280 What happened in Wisconsin?
00:07:30.380 And, Steve, you know what?
00:07:31.560 We need wins, everybody.
00:07:32.740 And we're getting wins across the country.
00:07:34.460 You just don't hear about them.
00:07:35.560 You can always check that out at my electioncrimebureau.com.
00:07:38.940 Check it out.
00:07:39.480 But in Wisconsin, the Wisconsin Election Commission, now that's their equivalent of a secretary of state, which we know across the country, that's where all this bad stuff starts with the secretary of state, with our election platforms.
00:07:52.900 Well, the Wisconsin Election Commission just got put in their place by the great judge James Morrison out of Marinette, Wisconsin.
00:08:02.120 He issued a temporary restraining order on them because what they were going to do, they were going to require that 1,900 of the local clerks in Wisconsin use these new envelopes for voting that are illegal under Wisconsin law, that would make the citizens committing crimes.
00:08:19.560 So the great attorneys, Dan Eastman and Kevin Scott, they've been fighting, fighting, fighting in Wisconsin, and they're heroes.
00:08:28.280 And this judge, finally, we're going to get decisions you're going to see to secure our election platform.
00:08:33.560 This is really big, everybody, for Wisconsin and for our country.
00:08:37.340 We get these victories all across the country and secure our elections.
00:08:41.340 We know who can't lose then.
00:08:43.440 But it is a TRO.
00:08:44.840 We're going to have to fight this one hard.
00:08:46.580 Audience wants a deal.
00:08:47.720 Give us a deal here on the Saturday morning, brother.
00:08:50.220 Well, as long as we're talking about our great real president, everybody, his favorite MyPillow product is our bedsheets.
00:08:56.140 And what we're doing for the War Room Posse, today and tomorrow only, we're running a special at the queen's size, $26.98.
00:09:05.920 There it is, everybody.
00:09:07.360 They're on sale right now for the whole country at $49.98 for the queen, $26.98.
00:09:13.300 You guys have followed MyPillow.
00:09:14.620 This is the lowest price in history, King's $29.98.
00:09:18.160 We had a retail outlet that actually, at the last minute, canceled their order for these.
00:09:24.240 And their loss is your game.
00:09:26.200 I said, you know what?
00:09:27.080 I'm going to give it to the War Room Posse at these prices, these wholesale prices.
00:09:31.600 Use promo code WARMROOM.
00:09:32.860 And by the way, everybody, you still get your free, there it is, the free American flag and the MyPillow 2.0.
00:09:40.960 You get that absolutely free.
00:09:42.400 No purchase necessary.
00:09:44.260 And so there you go to the website.
00:09:46.040 Hold it, hold it, hold it, hold it.
00:09:47.620 And that flag, that flag's got a star.
00:09:49.520 It's got five points on it.
00:09:50.600 The American flag, American star on the American flag.
00:09:53.760 Not an eight-point Islamic star.
00:09:56.280 Unbelievable.
00:09:56.880 Absolutely.
00:09:57.700 That's our, yeah.
00:09:58.760 And you guys get that.
00:09:59.680 No purchase necessary.
00:10:01.120 And there's, and call my operators.
00:10:02.680 See if you brought it up.
00:10:03.740 The 800-873-1062.
00:10:06.580 They're standing by this weekend.
00:10:08.280 The IRS tried to get it so they couldn't work from home when everybody else is working from home.
00:10:13.460 But we just want that.
00:10:14.640 So here we go.
00:10:15.320 They're not on the government workers.
00:10:17.020 D.C.'s a ghost town.
00:10:18.080 They're not on the Wall Street Lords of Easy Money.
00:10:19.920 They're not on the tech feudalists, the sociopathic tech overlords.
00:10:23.520 They're on American citizens in Texas and California that work for Mike Lindell.
00:10:27.980 Mike Lindell, brother, we'll see you on, we'll see you on Monday.
00:10:31.720 Great work there in Minnesota last night.
00:10:33.300 And by the way, I think Trump's right.
00:10:34.940 Minnesota's not just in play.
00:10:36.160 I think it's heading MAGA.
00:10:38.740 Right?
00:10:39.000 We should have closed the deal on 16.
00:10:40.460 Minnesota MAGA, everybody.
00:10:43.000 Trump was right.
00:10:43.940 I was wrong on that one.
00:10:44.860 Okay.
00:10:45.180 Thank you, Mike Lindell.
00:10:46.380 MyPillow.com, promo code WARM.
00:10:48.160 MyStore.com, promo code WARM.
00:10:50.260 800-873-1062.
00:10:52.180 And tell the operators we got their back.
00:10:55.160 Lo and behold, Real America's Voice has another massive hit on the weekend.
00:11:00.240 Let's go ahead and play this cold open.
00:11:02.140 It's no secret.
00:11:03.420 Big corporations don't like your values.
00:11:05.500 Cold, pride-themed baby clothes.
00:11:07.120 A can with my face on it.
00:11:08.580 Starbucks will pay travel expenses to access abortion.
00:11:11.600 It's time to stop funding traders and start supporting patriots.
00:11:16.500 And I'm here to show you how.
00:11:20.160 You're in good hands.
00:11:21.300 I have a lot of experience in the shopping games.
00:11:24.080 This is great fantasy.
00:11:25.500 It's fashion means function means travel means every day.
00:11:27.620 Go to PublicSquare.com or download our app and let's start shopping.
00:11:32.900 I'm your host, Erin Elmore, and you're watching Public Square Live.
00:11:36.740 Okay, we're very honored to have Erin Elmore here.
00:11:43.380 Last week, we teed it up just briefly.
00:11:46.120 The show was a massive hit.
00:11:47.960 It was just incredible.
00:11:49.500 The second week rolls out tonight.
00:11:51.260 Tell us, why were people drawing this?
00:11:53.080 What did you guys do to get everybody so excited?
00:11:54.940 Well, I just think that so many of us conservative Americans, you know, we don't have Hollywood.
00:11:59.840 We don't have sports.
00:12:01.120 We don't have rock and roll.
00:12:02.480 So we are really craving our own space.
00:12:05.900 And big corporate America really doesn't like our values, whether it's Pampers that funds abortions.
00:12:11.400 They pushed us out, did they not?
00:12:13.840 Right.
00:12:14.100 And they always say, well, if you don't like it, leave.
00:12:15.740 So Michael Seifert, our CEO, decided we are going to leave.
00:12:18.380 We are going to create our very own Amazon, except we're not funding the Chinese Communist Party.
00:12:23.300 We're funding American patriots who own small businesses within our 50 states who just want to see our country succeed.
00:12:29.440 Talk to us about the show.
00:12:30.500 You actually highlight people.
00:12:31.980 I mean, the feedback and the buzz I got off the first show, and as you know, they did record numbers, record hits, record sales, because you highlight.
00:12:40.020 Tell me about the folks last week, and then what are you going to do this week?
00:12:42.900 So for Public Square, thanks to you as well, because I was on your show, so we appreciate that.
00:12:46.880 But once the show launched, we had the most traffic to Public Square since our inception.
00:12:51.860 Our other huge day was Black Friday.
00:12:53.720 We even beat that.
00:12:54.960 You beat Black Friday?
00:12:55.940 We did.
00:12:56.700 We did.
00:12:57.540 So we're really, really excited and happy, and I think people are craving this kind of content.
00:13:01.100 So right now, we're doing this 30 products to swap campaign.
00:13:05.020 Easy household items, from toilet paper to perfume.
00:13:08.060 30 products to swap.
00:13:09.280 Yeah.
00:13:09.560 They're saying, hey, these people hate your values.
00:13:11.140 These products you use.
00:13:12.060 We're going to give you equal or better that people support your values.
00:13:15.080 Exactly.
00:13:15.520 So every episode, I feature some of those swaps.
00:13:17.960 This week, coming up, we have Buffalo Wool Company.
00:13:20.560 It is socks made in America by an entrepreneur who lives on a farm where Buffalo live, and
00:13:26.300 he decided, Buffalo live in really difficult climates, both hot and cold.
00:13:29.840 I'm going to make socks that keep people's feet cold or warm, you know, and cold.
00:13:34.640 So it's basically an amazing thing.
00:13:36.980 I tried them on, and I said, these are the most unbelievable socks I've ever worn.
00:13:40.220 Something that's not super sexy, but we all need it.
00:13:42.360 Toilet paper.
00:13:42.900 A lot of our toilet paper is made by these big corporations, you know, five or six of
00:13:47.220 them that control the narrative.
00:13:48.280 They're completely DEI.
00:13:49.780 An American entrepreneur who's very family-focused.
00:13:52.460 It's made in the USA.
00:13:53.500 It doesn't have harsh chemicals or dyes in it.
00:13:56.000 No forever chemicals.
00:13:57.920 That's absolutely right.
00:13:59.120 We have a perfume by Woodsy Home Life.
00:14:01.240 You know, we're all trying to wear perfume as ladies and smell good, but a lot of them have
00:14:04.880 hormone-disrupting chemicals in them, so this won't disrupt your hormones.
00:14:07.740 We have Breathe Naturals deodorant, a young, vibrant entrepreneur out of Miami who started
00:14:13.240 making it in his dorm room in college.
00:14:15.500 It has no aluminum in it, so it's much better for you.
00:14:18.800 There is a tooth powder that actually helps treat cavities, and it doesn't have fluoride
00:14:25.020 in it.
00:14:25.340 We all know now how bad fluoride is for you.
00:14:26.780 We're going to hold you through the break.
00:14:28.000 You know, Raheem said this in the first, that Mac, and I said, hey, I think a lot of it
00:14:31.780 because a lot of this movement came out of, or the new adherence came out of the pandemic,
00:14:36.920 but they're actually against the forever chemicals.
00:14:39.820 They're against the big corporations that poison America, that this movement is a populist
00:14:44.320 movement.
00:14:44.740 It's a populist nationalist movement, but it's very focused on the environment and healthy
00:14:49.400 stuff.
00:14:49.740 We're going to take a short break.
00:14:52.860 The new hit show here on Real America's Voice.
00:14:56.100 Back to it in a moment.
00:14:56.980 Public Square Live.
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00:15:04.100 You didn't cause inflation.
00:15:05.580 You didn't set gas prices or make credit card companies jack up interest rates.
00:15:09.340 The thing is, that debt trap is and will destroy your life if you don't get out now.
00:15:15.700 The only company I recommend is Done With Debt, because Done With Debt are brilliant about
00:15:22.780 debt relief strategies.
00:15:24.780 First, they stand between you and your bill collectors.
00:15:27.740 Then they negotiate a plan to get you out of debt permanently, without bankruptcy, and
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00:15:35.880 But listen, some of these strategies are time sensitive, so you need to contact Done With
00:15:40.560 Debt right now, like today.
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00:15:55.180 Go to donewithdebt.com.
00:15:57.060 That's donewithdebt.com.
00:16:00.940 Donewithdebt.com.
00:16:02.640 Here's your host, Stephen K.
00:16:04.700 Mann.
00:16:06.320 Okay, Public Square live, the new hit show on Real America's Voice.
00:16:10.220 Make sure you go to the Public Square website or download the app as you guys are.
00:16:14.400 We know you're huge supporters of Public Square.
00:16:15.780 I love this show.
00:16:16.600 You are the apprentice with Trump, QVC.
00:16:20.380 You're hardcore MAGA.
00:16:21.680 Yes.
00:16:22.240 We've changed things up a little bit today.
00:16:23.920 We're going to move the time a little forward.
00:16:25.780 So we're going to go to, and Grant Stinchfield's there at NRA.
00:16:28.720 President Trump's going to be the NRA today.
00:16:30.560 I think he speaks about four.
00:16:32.080 There'll be the replay of the morning show on Real America's Voice of Worm.
00:16:35.520 And then it's seven o'clock.
00:16:36.940 Seven p.m.
00:16:37.460 tonight.
00:16:37.800 If you miss it, nine p.m.
00:16:38.940 tomorrow.
00:16:39.500 Seven p.m.
00:16:40.220 Eastern Daylight Time today.
00:16:41.920 And then nine o'clock tomorrow.
00:16:43.120 What do people need to get prepped?
00:16:44.440 They got to download the app.
00:16:45.520 Download the app and just get ready to be entertained because they're just going to feel like they
00:16:49.380 have a home.
00:16:50.480 So many conservatives feel so displaced.
00:16:52.620 They don't want us on the left to have a community.
00:16:54.580 They don't want us to unify.
00:16:56.340 That's the only way they can keep winning with doing other things that we know about.
00:16:59.240 You were the perfect host.
00:16:59.740 This is why people loved it last week.
00:17:01.240 The entrepreneurs are great.
00:17:02.340 You were very engaging.
00:17:04.080 It was like a good form of Saturday evening entertainment.
00:17:07.260 That's what made it work.
00:17:08.100 Talking to these entrepreneurs has been the best experience of my life because these are people
00:17:12.160 just like us who had an idea.
00:17:14.400 They followed through with it.
00:17:16.040 And I just get to tell and hear their stories.
00:17:18.480 And when you see something on a website, you might like it or even love it.
00:17:21.740 But when you hear the story straight from the people that developed it, you fall in love
00:17:25.840 with it.
00:17:26.120 You're going to buy it.
00:17:26.840 You're going to become loyal.
00:17:27.900 Public Square Live.
00:17:29.260 7 p.m.
00:17:30.000 Eastern Daylight Time right here in Rural America's Voice right after the replay of War Room.
00:17:33.780 We'll have you during the week and highlight some more entrepreneurs.
00:17:37.100 I love this.
00:17:37.560 I love what Seifert's doing.
00:17:38.980 I love what you're doing.
00:17:39.800 Thank you.
00:17:40.400 Thank you.
00:17:40.780 Okay.
00:17:41.020 Let's go to Dallas, Texas.
00:17:43.540 The NRA.
00:17:44.720 Grant Stinchfield, the number one guy that can explain it all to us.
00:17:48.060 What's happened today?
00:17:48.820 People are saying the NRA is irrelevant.
00:17:50.580 Grant, it used to be a powerhouse.
00:17:52.560 They've been under lawsuits, but it's not the power it was.
00:17:55.520 Talk to me, brother.
00:17:56.220 Well, you know, Steve, I spent a lot of years working for the NRA over at NRA TV, and Wayne
00:18:02.100 LaPierre, the previous leader of the NRA, told me the biggest concern he ever had was
00:18:06.960 the NRA becoming irrelevant.
00:18:09.100 And I'm here to tell you, Steve, I think the NRA has become irrelevant.
00:18:12.360 What's happening right now is leadership of this organization.
00:18:15.460 But I want to preface this by saying I love this group.
00:18:17.700 I mean, you look at the members here.
00:18:19.120 There are 5 million members strong.
00:18:21.820 Hopefully, we get 80,000 people coming in the doors today.
00:18:24.620 I love this group.
00:18:26.220 But this group has become very, very weak.
00:18:28.580 For whatever reason, leadership is running scared.
00:18:31.400 You've got all these lawsuits all over the place.
00:18:33.320 They're being drained with legal bills.
00:18:35.320 And I've spoken to a lot of board members who want change.
00:18:38.920 I've also spoken with board members who don't want change.
00:18:42.080 And, Steve, it is the quintessential microcosm of what's happening in Washington, D.C.
00:18:46.840 You have establishment board members here that are afraid of what I would call the America
00:18:51.920 first punch-em-in-the-face movement that the NRA once was.
00:18:56.220 And they just don't want any publicity.
00:18:58.080 And you've got the other group that says, hey, do what Dana Lash did.
00:19:01.680 Do what Stinchfield did.
00:19:02.820 Do what Coleon Noir did back in the great days where we were taking the fight to the
00:19:07.020 Washington Post and the New York Times.
00:19:08.420 And I think, Steve, you could put this organization back on the map.
00:19:12.120 But right now, they're in dire straits.
00:19:14.920 That was a direct quote from a board member, Colonel Willis Lee.
00:19:18.000 I think you know him.
00:19:18.740 A great guy.
00:19:20.100 Dire straits.
00:19:21.400 The NRA is in.
00:19:22.860 Not just financially, but also with its status here in the world as a civil rights organization.
00:19:28.720 But, Grant, I've got to tell you, more than ever, you can tell this radical opposition,
00:19:33.780 they are focused on the Second Amendment.
00:19:35.560 And let's be really frank.
00:19:36.840 They're focused on taking people's guns.
00:19:39.140 So what's going to happen?
00:19:39.960 Well, they're going to do everything they can to do it, Steve.
00:19:43.200 You know they've never stopped their war on the Second Amendment.
00:19:46.200 And the only thing that's changed over the last few years is that they're open about it.
00:19:50.260 They used to talk about it in a way, oh, gun safety, this, gun safety.
00:19:53.560 Now they literally tell you they want to repeal the Second Amendment, which is outrageous.
00:19:57.700 Why?
00:19:58.440 Because the power is with us.
00:20:00.100 Remember, the emperor of Japan in World War II said there's a reason we don't invade the United States.
00:20:05.160 It's not because of our army.
00:20:06.740 It's because all of the citizens have guns.
00:20:08.600 And so they know power rests with the people when we are armed.
00:20:12.440 And we're not giving up on that.
00:20:14.100 And it's why, Steve, I'm telling you, the NRA cannot fail.
00:20:17.900 We've got to change this thing around.
00:20:19.380 And I would urge the board, if anybody's listening, and I know they watch your show, Steve,
00:20:23.340 if anybody's listening, start making change from the very top.
00:20:27.720 Change board members.
00:20:28.740 Do not go back to this old guard, which seems poised to get elected back in on Monday.
00:20:32.800 Grant, it's big enough for the president of the United States.
00:20:36.540 President Trump come there.
00:20:37.720 He knows how important NRA should be.
00:20:39.980 Preview the talk today and then your coverage.
00:20:43.260 Well, President Trump has always been a huge supporter of the Second Amendment.
00:20:46.220 And any time, even if he strayed a little, right, he would talk to leadership in the NRA.
00:20:52.100 And President Trump would then realize, OK, red flag laws is a great example of this and
00:20:56.880 the dangers of red flag laws and due process.
00:21:00.000 Now, President Trump is one of the strongest presidents I've ever seen when it comes to
00:21:02.880 due process.
00:21:03.900 Go figure why.
00:21:04.980 Look at what he's going through when it comes to all of those court cases.
00:21:07.520 So I think you're going to hear him talk about that.
00:21:09.940 I think you can hear him talk about the defense of the Second Amendment.
00:21:12.740 And maybe most importantly, he's going to talk about the power of the people in the room.
00:21:17.700 You're going to have thousands of people watching this speech.
00:21:19.980 He needs every single one of them to turn out.
00:21:23.140 And, you know, Steve, gun owners, especially hunters, personal protection guys, go out
00:21:27.800 and vote, guys and gals.
00:21:29.720 Hunters, not so much.
00:21:30.940 You know, there's a huge voting bloc that does not vote in elections, presidential elections,
00:21:34.760 when it comes to hunters and other gun owners.
00:21:37.480 President Trump will directly talk to them, saying we've got to overwhelm the ballot box
00:21:40.860 to make up for any of the fraud that we're going to see.
00:21:43.100 And we will see it.
00:21:45.200 We're going to get you back.
00:21:46.300 We're going to have you on Monday before this vote.
00:21:48.000 This vote's very important.
00:21:48.880 You're absolutely 1,000.
00:21:50.300 Correct.
00:21:51.100 Grant, once again, what time do people tune in today?
00:21:54.240 Where do they go to your social media?
00:21:56.080 This is going to be a very important event for President Trump.
00:21:58.960 Yeah, well, of course, the website, Real America's Voice, and all the streaming platforms.
00:22:02.400 I believe we start coverage at 2 or 3 o'clock Eastern.
00:22:07.300 He's set to speak between that time.
00:22:09.300 You know, it's always fluid with President Trump.
00:22:11.860 So keep it right there with Real America's Voice and me, Stinchfield, 1776.
00:22:16.620 But the best way is GrantStinchfield.com.
00:22:19.280 Grant, we're going to have you back on Monday.
00:22:21.020 It's very controversial what's going on there.
00:22:22.820 We know you're a huge supporter of the Second Amendment and the right to bear arms.
00:22:26.100 And you're absolutely correct.
00:22:27.200 You've got to play Smash Mouth.
00:22:28.240 You can't crawl in the cave right now and hope it goes away.
00:22:30.960 Thank you, brother.
00:22:32.160 Hey, buddy.
00:22:32.600 Real America's Voice.
00:22:33.960 Thank you.
00:22:34.420 2 o'clock this afternoon, I think coverage is going to start.
00:22:36.520 Make sure you're here.
00:22:37.120 It's going to be very important.
00:22:37.980 Big speech.
00:22:39.500 National Pulse, you guys are grinding over there.
00:22:41.900 You're doing amazing analysis.
00:22:43.560 Give me your assessment right now of the debates, where this thing stands.
00:22:47.280 You've broken a story on the trial.
00:22:51.240 Where do you think we stand in a run-up to Memorial Day in probably, I say, the next year?
00:22:56.400 Not just the election, but the next year.
00:22:58.020 Election Day, to get him through so they can't steal it, to the 20th, and then the first
00:23:02.340 100 days of the administration.
00:23:03.960 Where are we, Raheem Kassam?
00:23:05.860 So not a complicated question, then.
00:23:07.360 Just a simple one like that.
00:23:09.840 Look, firstly, I want to say—
00:23:10.940 It's tough for me to get any work out of you.
00:23:12.520 So when I see you, I get your—
00:23:13.480 By the way, Raheem, is it Raisin Bread?
00:23:16.220 Raisin Bread.
00:23:16.920 I've known this guy for 15 years now.
00:23:18.900 He's always been—I used to kick sand in his face.
00:23:20.680 He's kind of wimpy.
00:23:21.320 It's right here.
00:23:22.100 Right there.
00:23:22.880 Extra—extra dirty—the martini club.
00:23:24.980 It's Raisin Bread and Extra Dirty Martini.
00:23:27.580 Extra Dirty Martini.
00:23:28.720 That's the diet.
00:23:29.580 You must be working out two hours a day.
00:23:32.580 So I wanted to first say thank you, obviously, to you and the Warren Posse, but also to every
00:23:39.740 single other person who's come out and joined the National Pulse.
00:23:42.840 We were talking about this before we came on the show.
00:23:44.800 You know, we don't sell any ads or anything like that.
00:23:46.840 We are 100 percent.
00:23:47.580 No sponsors, nothing.
00:23:48.140 100 percent.
00:23:48.600 Reader supported.
00:23:49.520 100 percent readers supported.
00:23:51.380 So if you want to support real news, real scoops, right, getting into the nitty-gritty
00:23:55.700 of things, real analysis.
00:23:57.880 I had a good fun one the other day with Madea Goes to Congress with what I call the ghetto-fication
00:24:05.240 of Capitol Hill.
00:24:06.660 Wow.
00:24:06.860 Yeah, it's thenationalpulse.com forward slash war room is where you go to sign up and support.
00:24:13.800 And honestly, you know, I just downloaded, by the way, the Public Square app after listening
00:24:17.960 to you and Erin talking.
00:24:19.540 I saw the 30 for 30 thing.
00:24:21.440 That's such an important point because—
00:24:23.300 It was your point that you brought up earlier, that this is actually a very environmental
00:24:26.760 movement.
00:24:27.660 No, it's a very environmental movement.
00:24:30.000 No, it really is.
00:24:30.800 It really is.
00:24:31.420 And actually, conservatism is a conservationist movement.
00:24:35.400 Big time.
00:24:35.900 It's just that a lot of the corporate climate change stuff has deviated.
00:24:40.120 This is what had the Republican Party.
00:24:41.520 It's too much corporate-driven.
00:24:42.700 This is what MAGA is a populist movement.
00:24:44.760 People are conservatives or hunters.
00:24:46.880 They know how to tend their natural environment.
00:24:51.240 You know, all of these things are incredibly important.
00:24:54.160 Another thing weird, I know, that I've gotten into recently, plants.
00:24:58.100 In my house, I have plants absolutely everywhere now.
00:25:00.360 I see that when we have—
00:25:01.280 And it's an important thing not just to, like, break away from the monotony of sitting
00:25:05.640 at your desk and typing out all day, but it's an important thing, especially when you
00:25:09.160 live in a city like I do, is to actually learn to curate your natural environment.
00:25:13.380 I think a lot of the things that these Public Square guys are doing, a lot of these companies
00:25:16.800 that they're promoting, they're focusing on, are doing that sort of thing.
00:25:19.720 Raheem's getting to be an otter and otter old Englishman.
00:25:22.740 Yeah.
00:25:22.900 But you go—
00:25:23.620 Very much so.
00:25:24.620 Rudy, last night, you were there.
00:25:26.760 We've got about two minutes.
00:25:27.800 By the way, Philip Patrick's going to join me after the next break.
00:25:30.280 It's going to be incredible.
00:25:32.060 Rudy, they dropped the subpoena.
00:25:34.040 They came in and—
00:25:35.000 Yeah, I missed it.
00:25:36.140 I missed it.
00:25:36.880 But late in the evening, Rudy's doing a podcast.
00:25:39.500 I was on early in the evening, a couple hours after I left.
00:25:42.240 Yeah.
00:25:42.360 I think 30 or an hour after you left.
00:25:44.520 Yeah.
00:25:44.840 They came in and dropped the subpoenas on him.
00:25:46.520 They are hunting down Rudy Giuliani.
00:25:51.160 I'm so sad I missed it because we could have live-streamed the whole thing and really shown
00:25:55.260 who these thugs are chasing America's mayor around.
00:25:59.000 But it's interesting because you told me—it's your fault.
00:26:03.180 You told me, hey, you want to come and co-host in the morning?
00:26:06.120 So I looked at the time.
00:26:07.200 I was like, oh, I better leave, get a full night's sleep, be prepared to answer your
00:26:12.780 50,000 or 100,000-foot questions on air.
00:26:16.420 So I left.
00:26:17.580 30 minutes later, the feds roll up and serve Rudy there.
00:26:21.380 But look, his 80th birthday party is where they show up.
00:26:25.620 I mean, this is thuggery to bring us right back to the beginning of the show that hasn't
00:26:31.620 been seen since 1917.
00:26:33.480 Unbelievable.
00:26:33.760 You know, this is Bolshevik-type behavior.
00:26:36.800 The man, America's mayor, the man who steered the United States—and by the way, the world.
00:26:42.360 You remember, Rudy went and got knighted by Her Majesty the Queen after that.
00:26:46.660 That was the first time, by the way, that your national anthem has ever been played at
00:26:51.300 Buckingham Palace was right after 9-11.
00:26:53.360 Wow.
00:26:53.700 And Rudy and Bernie were there for it.
00:26:56.400 You guys still take it personally, don't you?
00:26:57.820 Oh, yeah.
00:26:58.680 Oh, yeah.
00:26:59.280 One more time.
00:27:00.080 Social media, National Pulse, where do they go?
00:27:03.280 TheNationalPulse.com is the URL.
00:27:06.080 TheNationalPulse.com forward slash forum.
00:27:07.860 You see on the screen there, by the way, $1.73 a week is what it will cost you to fund Real
00:27:16.040 News to help us keep going.
00:27:17.240 By the way, we don't want to just keep going.
00:27:19.000 We want to keep growing.
00:27:20.200 We want to add more stuff.
00:27:21.700 The staff's amazing.
00:27:22.160 By the way, if enough people join, I can afford to come and do a show again.
00:27:26.800 Right?
00:27:27.400 But right now, I'm stuck at my desk.
00:27:28.840 I'm editing copy all day long, so it's on you, ladies and gentlemen.
00:27:32.160 If you want this every day, it's TheNationalPulse.com forward slash forum.
00:27:36.180 The staff is fantastic.
00:27:37.460 Okay.
00:27:38.000 Nicole Negrety is going to take us out with modern-day holy war.
00:27:41.880 Make sure you get your coffee, get your grass-fed beef liver.
00:27:45.680 Just go check the sites.
00:27:46.760 That's all I want you to do.
00:27:47.520 Go check the sites.
00:27:48.200 Philip Patrick.
00:27:49.640 We're going to talk capital markets, purchasing power of the dollar, where we are macroeconomics
00:27:55.320 next, only in the War Room.
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00:29:30.120 Bannon.
00:29:30.580 That's taxnetworkusa.com, slash Bannon.
00:29:35.120 War Room, here's your host, Stephen K. Bannon.
00:29:39.960 That's a long time of viewers and listeners to The War Room, either podcast, radio, or on
00:29:44.840 all the streaming services, Real America's Voice, and everywhere else they have us up.
00:29:50.020 People know the Saturday show is near and dear to my heart, right?
00:29:54.320 Reminds me of a kid of working on Saturdays with my dad.
00:29:56.640 Always love it.
00:29:57.420 Love being here and making sure if you're on and about with your chores, that you're
00:30:03.660 either listening to us or recording us so you can watch it later in live stream.
00:30:07.400 My favorite part of that is Philip Patrick.
00:30:10.000 Philip, you used to always come on during the week.
00:30:12.660 I know you're too jammed now to do it.
00:30:14.500 You've been at this a long time.
00:30:15.960 Have you ever seen the market for precious metals, for gold, and for information about
00:30:21.640 that, have you ever seen it more heated than it is today?
00:30:25.560 Never, never in my—and not for us, not only just for us at Birch Gold Group.
00:30:30.340 We are busier than we've ever been helping Americans to try and protect their savings against
00:30:36.260 just this disaster of an economy under Biden.
00:30:39.640 But it's also happening globally, right?
00:30:42.180 Central banks around the world buying gold at record levels.
00:30:45.960 We set a new record for the first quarter of 2024.
00:30:49.800 So it's—you know, we're feeling it at Birch Gold Group.
00:30:52.640 But it's across the globe right now.
00:30:54.640 Huge demand for precious metals on the back, of course, of, you know, a disaster with our
00:31:00.600 U.S. dollar, inflation domestically and around the world.
00:31:03.760 So, no, I've never seen demand at these levels.
00:31:07.820 Okay.
00:31:08.280 I want to go back.
00:31:09.280 We've talked about—you know, we did the end of the dollar empire.
00:31:12.080 You and I came with the idea, I think, almost four years ago.
00:31:15.020 Because we saw—when Biden and those guys first came in, we said, hey, the aggregate demand
00:31:20.500 dropped that we had at the beginning of the pandemic.
00:31:22.980 And that was because people were trying to feel their way through it, including President
00:31:25.720 Trump.
00:31:26.640 You had to have a big stimulus.
00:31:27.760 But that essentially came back.
00:31:30.400 And we saw all these bills and all these thoughts and said, man, the inflation is going to get
00:31:34.340 out of control.
00:31:34.980 Aggregate demand is back.
00:31:37.140 You're relatively—and the employment's all coming back.
00:31:40.080 He's not creating new jobs, but people are coming back when the pandemic's lifted.
00:31:43.920 This is a classic example of how inflation is going to run wild.
00:31:48.280 The central bank—so we did that because I understood inflation, the drop in purchasing
00:31:51.640 power of the dollar, a hedge against that would be gold.
00:31:54.880 What I never even thought would be possible is that they would start thinking through this
00:32:01.240 de-dollarization process.
00:32:03.280 I think it's 2022.
00:32:06.060 2022 and 2023 were both—I don't think 21 was.
00:32:09.800 I might be wrong, but 22 and 23 were basically both record years for central banks of other
00:32:16.980 nations buying gold at record rates, including the Chinese Communist Party.
00:32:20.480 The first quarter of 2024, it hasn't eased off.
00:32:25.360 What does that tell you?
00:32:27.480 Well, it tells us that the rest of the world are feeling what we're feeling, right?
00:32:31.780 They're holding dollars.
00:32:32.920 The dollar is the global standard for international trade.
00:32:36.080 They're watching the administration printing money like it's going out of fashion, devaluing
00:32:41.660 the dollar.
00:32:42.340 And we're incentivizing nations to start seeking alternatives.
00:32:46.420 Devaluation is driving it.
00:32:47.940 Then you look at what the BRICS are doing, right?
00:32:50.560 We showed, and we've discussed this many times, but I think it's very important, by
00:32:54.540 seizing Russia's assets, we told countries that disagree with us, their assets could become
00:33:01.160 liabilities overnight.
00:33:02.760 We could take their assets and give them, for example, to Ukraine against Russia.
00:33:07.400 That told these countries that holding dollars could be a problem any time in the future at
00:33:13.980 the whim of the president.
00:33:15.280 And it incentivized these nations to look for alternatives.
00:33:18.880 But the problems that they have, Russia, China, Iran, is that amongst them, they don't have a
00:33:24.680 currency that can usurp the dollar, right?
00:33:27.560 They don't want to have to dump their dollars and be forced to hold rubles.
00:33:31.040 And that's where gold is coming in.
00:33:33.220 See, buying gold is achieving two things for these nations.
00:33:36.420 Number one, it gives them the stability that they need.
00:33:39.680 In fact, gold is just a better trade than the dollar today.
00:33:44.500 In the same time period that the dollar has lost 17% of its purchasing power, gold is up
00:33:50.380 over 20.
00:33:51.240 But the second reason that they're buying is why I do not think we will be able to stop
00:33:56.820 that train.
00:33:57.620 And that is that the more gold they buy, the less dollars they hold, right?
00:34:01.960 The less dollars they hold, the less demand there is for the dollar.
00:34:05.060 Ultimately, that leads to a weaker dollar.
00:34:07.580 And ultimately, a weaker, longer-term argument for the dollar as global reserve.
00:34:12.900 And if the BRICS can launch a common currency, peg it to gold, give it some stability and
00:34:18.100 legitimacy, at some point in the future, we could lose that official status.
00:34:23.100 And when we do, the game is up.
00:34:24.820 You cannot hold $35 trillion of debt when global demand for that debt is waning.
00:34:30.300 People need to understand how precarious a position that this administration has put us in, and
00:34:36.480 we've got to start making changes before it's too late.
00:34:39.000 I want to get to the Economist article about the end of the post-war international rules-based
00:34:45.360 order that was predicated upon Bretton Woods in a moment.
00:34:48.560 But I've had some congressmen on this week, and they've been talking about this effort
00:34:54.060 to de-Trumpify Trump's victory and take away his second term by handcuffing him about how
00:35:01.100 he can negotiate with Russia, to handcuff him about what he really can do in Ukraine, handcuffing
00:35:07.140 him on what he can do, really, in spending.
00:35:09.380 In fact, they're talking about either a CR or kick the can down the road to make sure,
00:35:13.680 because all these people right now, some of them are talking about, we've got to clear
00:35:16.400 the decks for Trump.
00:35:17.440 And what that means is they want to lock in a 2025 fiscal year budget right now.
00:35:23.060 But even when I talk to them, even the guys on our side of the football, I asked them,
00:35:27.380 I said, OK, fine, we've got to get to this.
00:35:29.680 Our audience is not going to support a CR, but let me walk through about how we do this.
00:35:34.920 Philip, when I say, well, listen, first off, we're already in May.
00:35:39.660 It's Memorial Day, basically.
00:35:41.820 The summer's here, recesses, then they're going to go away to campaign.
00:35:46.000 September 30th is the date.
00:35:48.200 I haven't seen any single subject appropriations bills going through.
00:35:51.580 I said, what is the top line?
00:35:53.820 Have you guys agreed upon a top line yet?
00:35:55.420 It's just a top line number that everything else falls in place.
00:35:58.760 And they go, no, we're working on that.
00:36:00.600 And I said, well, look, Biden's put a $7.3 trillion budget out there as a proposal.
00:36:06.380 That's obviously dead on arrival.
00:36:09.040 It'll be another one trillion, a $2 trillion deficit.
00:36:12.140 But where are you guys in everything they come back with, Philip, is maybe $100 billion in cuts.
00:36:18.060 And those cuts are ephemeral.
00:36:19.680 They're all kind of in the out years.
00:36:21.220 They're not hard cuts to programmatically.
00:36:25.600 Now, there may be rate of growth.
00:36:27.720 What happens if we, even before President Trump comes to office, basically agree with the Biden regime that we're going to agree to over $7 trillion of spending and anywhere near a $1.5 to $2 trillion deficit that, quite frankly, is going to have to be financed by the Federal Reserve?
00:36:45.840 Yeah, I mean, it's unsustainable.
00:36:48.460 It has to stop now.
00:36:50.460 Look, there's one thing at this point that can save the dollar.
00:36:53.680 And that is an immediate cut to federal spending.
00:36:56.400 We're not just talking about balancing the budget here.
00:36:59.700 We're talking about going further, right?
00:37:02.240 How do we pay down this outstanding debt?
00:37:05.660 But the problem is that that would involve accepting reality, right?
00:37:11.200 And that is something that this administration are literally incapable of doing, right?
00:37:15.960 This would mean needing to stop blaming greedy corporations, Vladimir Putin, supply chain snarls for the current crisis, and understanding that massive deficit spending has real consequences.
00:37:30.060 And this is particularly at a time when global demand for the dollar is waning.
00:37:34.460 So, you know, everything that's being discussed on both sides of the aisle, it's just not enough, right?
00:37:40.260 We've taken this too far, and we have to put a stop to it.
00:37:43.860 And we've got to do it now.
00:37:44.800 And we've really got to start focusing on how to pay down that debt, not just not spend more money than we have.
00:37:53.140 That should be obvious.
00:37:54.760 How do we tackle this colossal debt problem?
00:37:57.260 I don't see the solutions, particularly not if we continue down this path.
00:38:02.060 It's an absurdity.
00:38:03.240 And by the way, I now have to watch Biden on television telling us how it's all our imagination.
00:38:08.680 There's nothing wrong with the economy.
00:38:10.380 There's no inflation.
00:38:11.700 And it's just a joke.
00:38:14.100 And Americans have more than enough money to pay for it, right?
00:38:17.240 We've got 9.8 percent credit card.
00:38:19.960 Credit card defaults right now on a $1.3 trillion credit card.
00:38:25.300 People are barely making it month to month, and the guys using credit cards are all going belly up.
00:38:29.760 I want to go to The Economist, one of the most revered magazines in the world, and really kind of the, I guess, the People magazine of the party of Davos.
00:38:39.080 Their huge story this week is the end of the post-war international rules-based order.
00:38:44.240 And they clutch their pearls and go—and, of course, they're blaming America first.
00:38:48.500 They're blaming the deplorables.
00:38:49.800 They're blaming MAGA, particularly President Trump, his economic policies.
00:38:53.860 But they don't really get into—the underpinning of that order, besides an American security guarantee, was the dollar.
00:39:01.400 The Bretton Woods, the dollar is the prime reserve currency.
00:39:03.860 And that was kind of a security guarantee because we committed to have price stability.
00:39:10.180 Our elites destroy that.
00:39:11.740 That wasn't MAGA.
00:39:12.920 That wasn't deplorables.
00:39:13.980 We've argued from day one the exact opposite.
00:39:16.840 Your thoughts, sir?
00:39:18.760 You're absolutely correct.
00:39:20.860 I mean, this began in the 30s in 1971 when we came off the gold standard.
00:39:26.460 And ever since then, we've seen a slow, gradual decline in the purchasing power and the stability of the U.S. dollar.
00:39:33.260 And obviously, that has been escalated dramatically over the last 10 years, but particularly over the last three and a half.
00:39:40.660 You mentioned Trump.
00:39:41.860 Trump had a pandemic.
00:39:43.180 We had a black swan event.
00:39:44.940 We had a global pandemic.
00:39:47.000 We needed stimulus to get through it.
00:39:49.780 But once we did, when Trump left office, we had a market that was rocking and rolling.
00:39:53.820 We had a strong economy.
00:39:55.340 And Biden stepped in and continued absurd spending.
00:39:59.680 Under Biden, we've spent more in four years than Obama did in eight years.
00:40:04.300 And Obama could spend money like nobody else.
00:40:06.960 The levels that we are getting to today are obscene.
00:40:10.640 And it's no wonder that the world is de-dollarizing, right?
00:40:14.600 And that's me saying it.
00:40:15.940 If I'm in charge of the central bank of even a friendly nation, it doesn't make sense to continue to hold dollars.
00:40:24.260 And particularly not when you look at this debacle going on in Congress.
00:40:28.520 What are we telling the rest of the world by running these massive budget deficits?
00:40:33.580 We're telling them we don't care about the value of our dollar.
00:40:36.780 But you know what?
00:40:37.700 They are going to find an alternative.
00:40:39.640 And when they do, like I said, the game's up for us domestically.
00:40:43.440 I've always said that being the prime reserve currency, like the English had it before the United Kingdom with the pound.
00:40:52.020 You know, it was, you know, Spain.
00:40:53.920 You've had France.
00:40:54.520 You've had Portugal, the Dutch.
00:40:56.500 It's gone through different empires throughout history.
00:41:00.360 There's tons of responsibility that comes for it.
00:41:03.740 And maybe the country doesn't want that.
00:41:05.460 But it ought to be a process of debate.
00:41:07.860 It ought to be debate in Congress.
00:41:09.160 It ought to be debate on television.
00:41:10.760 We really want to come.
00:41:11.920 If we want to continue to be the prime reserve currency.
00:41:15.220 The way we're doing it now, there's no debate.
00:41:17.680 They've kind of grabbed onto this modern monetary theory where deficits don't matter.
00:41:22.940 They're continuing to spend.
00:41:24.060 We're finding that deficits do matter because that's where real inflation comes.
00:41:28.520 Impacted into how you have to refinance this.
00:41:30.900 If we, if they drop us, and it's not going to happen overnight, but if they're able to get a basket of currencies and de-dollarize, we become Argentina.
00:41:39.860 The greatest export we have right now is the dollar.
00:41:42.720 If the world says, no, I don't want the dollar because you're devaluing it all the time.
00:41:46.540 The purchase power is dropping.
00:41:47.560 And so I'm taking a 10% hit every year.
00:41:49.680 I can't do that.
00:41:50.860 If they stop doing it, it's just not simple that we can't do the treasury bills for a third of the debt all the time because they don't need the dollar.
00:41:59.660 We become like Argentina.
00:42:00.920 We've got a minute on this side.
00:42:02.820 Philip, and I'm going to bring you back your thoughts.
00:42:04.400 The answer is absolutely yes.
00:42:07.380 And listen, at the end of the day, as global demand for debt starts to wane, what do we have to do?
00:42:12.080 We have to make that debt more attractive.
00:42:14.060 What happens?
00:42:14.760 It becomes more expensive.
00:42:16.220 And the whole house of cards comes crashing down.
00:42:19.000 And then before you know it, we become the United Kingdom, right?
00:42:22.800 Let's not forget the pound sterling is a currency today.
00:42:26.820 It has lost 96% of its buying power since Bretton Woods.
00:42:32.740 That is the effect.
00:42:33.660 We had the wealth sucked out of that nation.
00:42:36.620 You take London economy out of the United Kingdom, it is a joke of an economy.
00:42:42.100 That's what happens when you lose a grip on global reserve currency and you lose your position in the world.
00:42:48.160 And we are heading down that same path.
00:42:51.960 We're running out of time.
00:42:53.240 But in 1971, when Nixon took us off the gold standard, central banks around the world knew how it would end, right?
00:43:01.220 They knew that it would end in massive money printing, huge deficit spending.
00:43:06.220 And we've done exactly what they predicted.
00:43:08.260 Philip, hang on for one second.
00:43:11.220 We'll be right back.
00:43:12.620 Birchgold.com slash Bannon.
00:43:14.500 You get the end of the dollar empire.
00:43:16.760 Five installments, all free.
00:43:18.520 The last is about economic freedom and security.
00:43:21.560 As personified by the central bank digital currency, you'll be shocked of our analysis of fiat money versus the central bank digital currency.
00:43:30.220 Short break, Philip Patrick on the other side.
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00:44:42.680 Action.
00:44:43.400 Action.
00:44:44.140 Action.
00:44:45.280 War Room.
00:44:46.260 Here's your host, Stephen K.
00:44:48.220 Bannon.
00:44:48.600 See, the reason I love this show is like I was a paper boy back when I was a kid.
00:44:54.300 Get a chance to read that Saturday paper and the Sunday paper, get a chance to read it.
00:44:58.360 You learn something new every day.
00:44:59.880 Philip, explain to our audience what the gold trade is.
00:45:02.360 You just talked about it.
00:45:03.200 I know people always ask me what's the price of gold, but you've got to look at it relative to the dollar.
00:45:08.540 The drop in the value of the dollar is what's screwing Americans and, quite frankly, screwing nations of the world, some that are our allies, some that are our friends, and some that are our enemies.
00:45:20.480 What is the gold trade?
00:45:22.540 It's very simple.
00:45:23.580 Gold's price is based on a couple of things, based on supply and demand, and it's based on the strength or weakness of the dollar.
00:45:30.520 And oftentimes, when we see gold prices going up, what we're seeing is just the dollar coming down, a very simple way to explain it.
00:45:38.120 And, you know, gold's buying power, and I use this, you know, I say this all the time to clients, gold's buying power doesn't really change, right?
00:45:47.860 Gold is an incredibly consistent asset in terms of what it purchases, right?
00:45:53.480 I always give a very extreme example.
00:45:56.120 You go back to biblical times.
00:45:58.400 One ounce of gold would buy somebody 400 loaves of bread.
00:46:01.980 Today, at a little over $5 a loaf, it does the same thing.
00:46:05.760 It buys 400 loaves of bread.
00:46:07.460 So the key is it's not gold's purchasing power that is changing.
00:46:11.840 What's changing and changes every day, and particularly in this climate, is the value of the dollar.
00:46:17.000 So essentially, as the dollar becomes weaker, we need more weaker dollars to buy the same ounce of gold, hence that inverse relationship.
00:46:25.480 That is why, by the way, central banks around the world are buying gold at record levels.
00:46:31.060 People have to understand a bet on gold at that level is a huge bet against the U.S. dollar.
00:46:37.560 Also, people say, well, the dollar is doing good against these other currencies.
00:46:43.100 I said, yeah, they're the world's tallest midget.
00:46:45.600 All the fiat currencies, because you have $350 trillion of debt, you've got the world's biggest margin call.
00:46:52.040 That's when you look at the dollar vis-a-vis other natural resources or precious metals, and particularly gold, it's a different deal, is it not, sir?
00:47:01.480 Yeah, it is exactly correct.
00:47:03.640 And that's what we're talking about, right?
00:47:05.140 We're talking about purchasing power.
00:47:06.780 American people are losing purchasing power.
00:47:09.740 How do you protect against it in climates like this?
00:47:13.480 Gold was designed for climates like this.
00:47:16.000 When your problems are inflation, dollar devaluation, recession, all of these things are designed to – well, designed.
00:47:24.500 All of these things drive gold prices up.
00:47:27.100 That is why central banks are looking at it.
00:47:29.340 That's why investment demand is at all-time highs.
00:47:32.140 It's across the board, and it's because of the nature of our problems and the realities of the Biden administration's economy.
00:47:39.420 So when people – we give them the macro every day here, talk about capital markets.
00:47:44.380 We bring in some of the best experts in the world, Scott Besson, Jason Trenert, EJ Antony, Dave Bratt, and many, many others.
00:47:51.940 But we turn people over to you and say, hey, if you really want to talk about instrumentality, how do you actually do it?
00:47:56.720 You've got to go to the guys at Birch Gold.
00:47:58.440 Walk our audience through what happens when they contact you guys.
00:48:01.540 What's the process?
00:48:02.880 It's really simple.
00:48:03.920 I say it all the time.
00:48:05.000 But the most important thing for us is leaving people informed.
00:48:08.240 So they come to – first, you reach out for information, birchgold.com forward slash Bannon.
00:48:13.800 That's going to give access to a free information kit on how people can invest in metals, why they're so important in this climate.
00:48:22.360 It will give them access to the end of the dollar empire reports, really good history from the creation of the Federal Reserve up until today, the dollar's history.
00:48:31.760 And then most importantly of all, if they want to take another step, they're going to have access to myself or people like myself.
00:48:37.760 We can help sort of guide people through, show them how it applies to their own circumstances, and just make sure people are informed, educated, and understand where the solutions lie.
00:48:48.340 So it's really simple, but information is big for us.
00:48:51.940 So birchgold.com forward slash Bannon, that'll get them the information.
00:48:57.060 Philip, thank you so much for doing this.
00:48:59.480 How can they get you on Getter?
00:49:00.780 I think you're available on social media.
00:49:01.960 Where do they go?
00:49:02.960 Yeah, Getter, the best social media platform.
00:49:05.400 I'm at Philip Patrick on Getter.
00:49:08.200 I love it.
00:49:08.840 I try and put out as much as I can.
00:49:10.840 So at Philip Patrick on Getter.
00:49:14.220 Philip, thank you so much.
00:49:15.400 Honored to have you on here.
00:49:16.260 Thank you for doing the Sardi show with me.
00:49:18.260 Thank you, Steve.
00:49:19.000 My honor.
00:49:19.540 Thank you.
00:49:21.500 Big week for this audience.
00:49:23.540 As we conclude this week and head into next week, which is going to be quite historic, it looks like they may finish the cross-examination on Michael Cohen.
00:49:33.740 It looks like they may, you know, it's up in the air right now, what is going to tell the strategy of what President Trump's going to be.
00:49:40.800 But this case could go to the jury within the next week or two, or maybe even sooner.
00:49:46.300 They've already talked about presidential, what, presidential debates to the end of June.
00:49:51.960 We know that Jack Smith's going to have a mini-trial about his conduct in this classified documents case.
00:49:58.820 We're hurtling towards a constitutional crisis about the exertion of executive privilege to try to protect Joe Biden.
00:50:05.260 It's getting more and more turbulent, but this audience is having a bigger, bigger impact.
00:50:10.500 What was accomplished this week because of this audience is nothing short of extraordinary.
00:50:14.840 You guys have been amazing.
00:50:16.160 You've been at the ramparts, you've been putting pressure on people, and you've been force-multiplying.
00:50:21.060 Remember, all of our content here is free.
00:50:23.840 We try to make it ubiquitous.
00:50:25.540 What we want is force-multipliers, and that's people that sit here and understand the content and then can help push it out, make contacts with people, and just push, push, push,
00:50:33.840 and then make sure that your representatives know where you stand on these topics.
00:50:38.040 None of this, none of this going on offense on lawfare would have happened without you.
00:50:44.320 People going up to protect President Trump and have his back on this fiasco in New York was driven by you, by your interests.
00:50:51.300 What happened with these letters coming from these congressional committees and eventually now maybe even some investigations came because of you.
00:50:57.820 We know that because the Democrats in the opening day of the weaponization took this show specifically and its audience and said,
00:51:05.680 oh, these are the guys, these are the cult members that are driving this.
00:51:09.340 Well, nothing could be further from the truth.
00:51:10.880 You guys are driving it because you're patriots and you love your country.
00:51:14.140 We've only begun to fight here.
00:51:15.720 This is going to be a long, tough one.
00:51:17.080 I know it's not for everybody.
00:51:18.320 The show's not for everybody.
00:51:19.460 This fight's not for everybody.
00:51:22.000 That's not saying that people that can't do it or can't stick with it are bad or weak.
00:51:26.260 It's not.
00:51:26.660 It just takes a certain type of patriot that's absolutely diamond hard on their resolve to make sure that they save this republic.
00:51:35.680 And, folks, we are in a battle, I think, the greatest battle ever for this country, not by external enemies, that's bad enough, but by internal enemies.
00:51:44.440 Remember, all enemies, foreign and domestic.
00:51:48.020 And domestically, we've got them.
00:51:49.660 I think we've done a pretty good job of identifying them, but that's why we continue to fight on.
00:51:53.580 I want to thank everybody.
00:51:54.300 Okay, we're going to be back here.
00:51:55.920 Real America's Voice got amazing programming throughout the rest of the weekend.
00:52:00.320 I think a replay, we do a replay of War Room Saturday on Sundays, I think, at noon.
00:52:06.400 Maybe it's at 10 o'clock, maybe the exact same time.
00:52:08.640 So go check it out.
00:52:09.420 I'll be up on Getter all weekend.
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00:52:37.520 We'll see you back here live, 10 a.m. Monday morning.
00:52:43.540 I want to warn you of a huge change that could be coming to our money and our bank accounts.
00:52:49.180 First, think back to 9-11, shortly after the government pushed through the Patriot Act.
00:52:53.180 This gave the government power to spy on innocent Americans by monitoring our phone and email and tracking our movement across the Internet.
00:53:02.040 Now, Jim Rickards, editor of the independent financial newsletter Strategic Intelligence and New York Times bestselling author,
00:53:09.180 is warning about a coming event that could elevate this governmental surveillance to a terrifying new level.
00:53:15.260 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.
00:53:22.640 If we say the wrong things on social media, donate to the wrong causes, buy firearms, or even vote MAGA,
00:53:29.680 the government may be able to shut us out of our bank accounts.
00:53:33.680 I can't say for sure if this will happen, but it's an interesting and dire warning.
00:53:39.200 Fortunately, Jim Rickards, an American patriot and friend of mine, has made it his mission to educate us on what he believes is coming
00:53:45.940 and how to protect yourself from the possibility of programmable money.
00:53:51.520 Watch Jim's warning video now before it's censored like I've been in the past.
00:53:57.300 Go to RickardsWarRoom.com.
00:53:59.300 That's RickardsWarRoom.com now to see the video.
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