Episode 3731： Death And Fear At Our Southern Border
Episode Stats
Words per Minute
161.89632
Summary
Migrants crossing the southern border have dropped to their lowest monthly numbers since President Biden took office. But what exactly is happening at the border and why is it happening? And what role does the media have to play in the process?
Transcript
00:00:00.000
From the southern border, a Department of Homeland Security official tells NBC News
00:00:03.880
migrant crossings have dropped to their lowest monthly numbers since President Biden took
00:00:09.120
office. The DHS official says last month, 84,000 migrants were apprehended at the southern border.
00:00:15.920
That is the same month the Biden administration announced new asylum restrictions. This is the
00:00:21.060
fourth consecutive month of declines. It's also a 16 percent drop from June of last year. 16 percent
00:00:27.580
drop from last year, because my question would have been, isn't this kind of the slower time of
00:00:31.520
the year when it gets so hot that it becomes physically dangerous in a in a heat way to make
00:00:38.700
this journey? But when you're looking at the numbers this year to last year, this does suggest
00:00:42.900
something regarding Biden's moves at the border is working. Yeah, and I also have to point out,
00:00:50.880
Katie, that, yes, they do start to slow down because of the heat. But last June was significantly
00:00:55.620
lower than May because of a new policy that had just gone into place at the border. When Title 42
00:01:00.740
ended in the end of May of last year and those new asylum policies went into effect, we saw a steep
00:01:06.680
decline then. Now it's fallen even further. This is now the lowest it has been since January 2021,
00:01:13.340
the month that Biden took office. So we're going to hear a lot of victory laps, a lot of people in
00:01:18.940
the Biden administration saying, look, this is because even without Congress, the Biden administration
00:01:23.940
was able to put in new policies that raise the bar on asylum for people who cross the border
00:01:29.140
illegally. Those are people who are not coming through ports of entry, people who aren't making
00:01:33.060
appointments through the app. That means that they think that this is working. I will say, however,
00:01:38.240
there's some other factors. You point out the heat. We also understand there's been a lot of rain and
00:01:42.940
the Darien Gap leading from Colombia into Panama that has made some people unable to make that journey.
00:01:48.640
It's so muddy and treacherous inside that dense, dense forest. And also, as we've reported here,
00:01:54.800
even before that policy went into place, Mexico has begun tripling the interdictions of U.S.-bound
00:02:01.780
migrants coming through Mexico. And that's because of increased cooperation between the U.S. and Mexico
00:02:06.760
over the issue of immigration. Also things like fentanyl, arms trafficking and other things both
00:02:11.760
countries care about. But all of that is contributing to this lower number. We also have to see if perhaps as
00:02:17.800
the weather cools down, if those numbers come back up, some might say it's too early to really say
00:02:23.240
whether or not this new policy is 100 percent effective.
00:02:34.020
Pray for our enemies, because we're going medieval on these people.
00:02:39.280
I got a free shot at all these networks lying about the people. The people have had a belly full of it.
00:02:45.040
I know you don't like hearing that. I know you've tried to do everything in the world to stop that,
00:02:48.660
but you're not going to stop it. It's going to happen.
00:02:50.880
And where do people like that go to share the big line?
00:02:54.260
MAGA media. I wish in my soul, I wish that any of these people had a conscience.
00:03:01.000
Ask yourself, what is my task and what is my purpose?
00:03:04.820
If that answer is to save my country, this country will be saved.
00:03:10.380
Save War Room. Here's your host, Stephen K. Bannon.
00:03:21.300
Dave Bratt in the War Room, sitting in with Stephen K. Bannon this day before the 4th of July,
00:03:30.040
year of our Lord, 2024. In honor of Stephen K. Bannon, I said I'm going to start every show
00:03:34.820
in the name of the Father, the Son, and the Holy Spirit. Steve has behind him the sign of the cross.
00:03:40.400
So it's an honor to sit in. We had a great day yesterday and the day prior on the War Room
00:03:45.740
with the posse, breaking huge news, a lot of politics in play. We're going to get to a ton
00:03:51.700
of stories today. We're going to cover a lot of geopolitics, a little bit of finance and economics
00:03:57.300
at the end. But first of all, we're going to go to one of the heaviest hitters on Capitol Hill when
00:04:03.080
it comes to immigration, Rosemary Jenks, who is now at the Immigration Accountability Project. So
00:04:10.500
if you want to go check them out now while we're talking online, iaproject.org. And Rosemary,
00:04:19.000
why don't you just start off, tell us about what your project is. I think the accountability
00:04:22.500
piece is what's been missing. And so welcome to the War Room and thanks for coming on.
00:04:28.460
Thanks, Dave. It's always great to be on the War Room. And all of us at IAP are praying for Steve
00:04:33.320
while we continue this fight for our country. And the fight for our country depends on holding people
00:04:39.460
accountable. We have to hold politicians accountable, whether that's the Biden administration,
00:04:46.100
DHS Secretary Mayorkas, who's already been impeached, all members of Congress. They all need to be
00:04:51.800
held accountable for their actions on immigration. And we intend to do that and hope that the posse will
00:04:57.860
support us. Great. Rosemary, let's start off at the highest level, the most simple.
00:05:04.300
We had Chevron pass this week. We're not going to unpack that. We've had legal experts cover all that.
00:05:10.820
But let's just go over the basic, most simple question about illegal immigration. Just because
00:05:17.080
the president does an executive order, does that change the status? Are the folks coming across the
00:05:22.820
border? What is the number now? It's somewhere between 15 and 20 million, my latest count I've read.
00:05:29.480
How many people are coming across and are they legal or are they illegal and why?
00:05:34.240
They are illegal. They're coming in basically two ways. Some of them are just coming illegally across
00:05:41.540
the border as entry without inspection, being apprehended. And many of them are still being
00:05:47.020
released into the United States, which is a violation of the law. There's also what is called
00:05:52.920
parole, which is actually an abuse of the law. So they are not actually legal because it's purely an
00:06:01.220
abuse of the law. Parole is not allowed on a categorical basis. But impeached Secretary Mayorkas
00:06:07.320
is applying it in a categorical basis by nationality and by allowing people to fill out the CBP1 app and
00:06:16.040
make an appointment at a port of entry. So essentially, he's diverting illegal border crossings between the
00:06:22.940
ports of entry to the ports of entry and then letting those people come in and get a work permit
00:06:28.040
and stay in the United States under sort of color of law. So quasi legally. But yes, I mean, this is
00:06:35.620
illegal immigration. And, you know, one of the things that's really important to point out is
00:06:40.240
the apprehension numbers have actually dropped in May. And the bulk of the reason for that is that
00:06:48.660
Mexico has actually been doing a better job securing its northern border than we have been doing securing
00:06:55.660
our southern border. So remember, Mexico has a very significant interest in what happens in this
00:07:03.340
country in November. So they have a strong incentive to cooperate with the Biden administration and make
00:07:10.980
sure that those numbers come down so that the Biden administration can claim victory. But the fact is
00:07:16.600
that that those illegal aliens, a large number of them are being diverted to the ports of entry
00:07:21.980
so that the Biden administration can pretend that they're coming in legally rather than illegally,
00:07:28.000
which they are not. So the House Judiciary Committee actually just today released a report
00:07:34.100
that says that the Biden administration has released 5.3 million illegal aliens into the United States.
00:07:43.400
Now, remember, the number of encounters is much larger because some of them actually are turned away,
00:07:48.780
thankfully. But so 5.3 million released into the United States, plus another 1.9 million known
00:07:57.640
gotaways. So those are the people who Border Patrol has found their their footprints or they've been seen
00:08:04.940
on cameras or sensors or whatever, but they have not been caught. So that's, you know, over 7 million
00:08:11.260
illegal aliens that this administration is responsible for putting into the United States.
00:08:16.740
That doesn't count the known, the unknown gotaways, which, you know, who knows how many of those
00:08:23.660
there are. And it also doesn't count the number that he is unlawfully paroling in through the ports
00:08:29.980
of entry and through the airports. For that matter, he's letting inadmissible aliens fly directly into the
00:08:36.540
United States and handing them parole and a work permit, which is completely unheard of and nowhere in the
00:08:42.700
statute. Great. If you were advising the president of the United States, say the incoming, say President
00:08:51.000
Trump wins, all political views are just my own. What would you tell them are the two most egregious
00:08:58.360
policy problems from the past administration that need to be corrected? And then what would you tell
00:09:04.420
them are the two most egregious harms that have been inflicted upon the American people because of
00:09:10.780
immigration? So an incoming President Trump would actually know exactly what to do in this
00:09:16.500
situation. He would end the parole programs, just end them completely, terminate them. And he would
00:09:22.020
reinstitute Remain in Mexico, which essentially ends the catch and release policy. So those two things
00:09:28.840
are absolutely critical. You have to stop catch and release because that, you know, they're coming here
00:09:35.680
to get work authorization so they can send money home. So if you prevent them from getting in,
00:09:41.920
prevent them from getting a work permit, then you're disincentivizing them coming in the first place.
00:09:47.320
So those are critical. The Congressional Budget Office just, I think, last week came out with a report
00:09:53.320
that it is going to cost U.S. taxpayers $7 billion to make DACA recipients, you know, the Obama amnesty
00:10:03.060
recipients eligible for Obamacare. That's only 530-some thousand people. So just imagine what the
00:10:12.120
cost is for education, welfare, medical care, transportation, criminal justice, all of that
00:10:19.040
for the illegal aliens that the Biden administration has released into the United States. You know,
00:10:25.100
530,000 DACA recipients versus at least 7 million released into the United States, plus the ones who
00:10:34.160
were already here before the Biden administration took office. Those are the amount of money we are
00:10:40.060
paying hundreds of billions of dollars to pay for these illegal aliens who have no business being in
00:10:47.680
our country. So that is the biggest harm that's been inflicted on the American people. And then,
00:10:54.700
of course, we have Americans being murdered, raped, robbed, and, you know, otherwise victimized
00:11:01.420
every single day by these illegal aliens. We have new gangs being established in the United States.
00:11:08.660
It is obscene, the criminal activity that we are seeing, that is completely preventable,
00:11:15.500
had we not let these people into our nation. Great. And in the debate, when asked about illegal
00:11:24.340
immigration, President Biden went to the effect on the economy, implicitly trying to state that,
00:11:33.100
you know, this cheap labor is good for the economy. President Trump had a different tack.
00:11:38.220
And President Trump was also asked to weigh in on the fentanyl problem. What is the total impact of
00:11:47.780
fentanyl? And then coupled with the fentanyl problem, the Chinese are basically doing a mini
00:11:54.360
Belt and Road down in Latin America, South America. And I think there's even breaking news today. Can you
00:12:00.680
fill us in on this fentanyl? It's not just a casual drug coming across, et cetera. What is the damage
00:12:08.780
of fentanyl, the network, and then some of the breaking news today?
00:12:14.560
Well, so, I mean, the Mexican drug cartels are importing the supplies to make the fentanyl from
00:12:21.820
China. And China is willingly sending them over. And then the fentanyl is being made and shipped into
00:12:28.440
the United States. And obviously killing massive numbers of Americans across the country in every
00:12:35.440
community. And we've seen, you know, accidental deaths, intentional deaths. Yeah, it's just the
00:12:43.360
in the tens, tens of thousands to be conservative in the tens of thousands to be conservative.
00:12:49.120
Thousands. Yeah. Yes. Yeah. Right. And and the the cartels and the CCP obviously are making
00:12:56.960
huge amounts of money on this. But what's interesting is that they're actually shifting
00:13:02.340
their focus, the cartels, to human smuggling as opposed to drug smuggling, because it's so much
00:13:08.500
more profitable under the Biden administration. So, you know, they can easily get the drugs across.
00:13:14.260
It's the human beings who are willing to pay the high values, like criminal people with criminal
00:13:20.240
backgrounds, terrorists, people on the on the terrorist watch list. Those people are willing to pay the
00:13:25.760
cartels big money to ensure that they get across. So the cartels use diversion tactics by sending large
00:13:32.980
groups of, you know, family members and children and so on in across the border in one spot to draw
00:13:39.300
the attention of the Border Patrol so that those Border Patrol agents will call in others and they'll
00:13:44.580
they'll bring a bunch of agents in from surrounding areas to process those illegal aliens while the
00:13:51.460
cartels are bringing the high value targets across, you know, a mile down the road.
00:14:00.680
Tearing American families apart. The human toll here is beyond comprehension.
00:14:05.320
Rosemary Jenks, you got about 30 seconds. Immigration Accountability Project, IAProject.org.
00:14:12.400
How do people reach you? What should they do? You got about 30 seconds to fire.
00:14:16.560
We are going to. The whole time this border crisis has been happening, the House of Representatives,
00:14:23.860
the Republican House of Representatives just voted to fund by President Biden's latest amnesty
00:14:30.220
program. So we have a lot of people to hold accountable and we are going to do that.
00:14:34.780
As Dave said, our website is IAProject.org. You can reach all of our social media through that
00:14:41.340
website. You can donate through that website and we will provide you all the information you need
00:14:48.280
about what is happening in the immigration issue. Rosemary Jenks. Rosemary Jenks, an American hero,
00:14:54.320
patriot fighting for you. Thank you, Rosemary, for being on the war room.
00:14:59.020
Can your savings, weather and economic storm think about what you've put away for the future?
00:15:03.640
Inflation can render cash worthless. Real estate can crash like in 2008. Economies built on a mountain
00:15:12.280
of debt can fall like a house of cards. There are very few physical assets you can invest in that can
00:15:18.660
stand the test of time. Gold has withstood this as a valued form of money for millennia. I actually
00:15:26.160
think for 8,000 years of man's recorded history. It's why people are flocking to it now, why birch gold
00:15:32.160
is busier than ever. Through a little known tax loophole, birch gold lets you convert a retirement
00:15:38.320
account into a tax sheltered IRA in physical gold. And the best part, it doesn't cost you a penny out
00:15:45.200
of pocket. Let me repeat that. It doesn't cost you a penny out of pocket. To learn more about this,
00:15:50.600
to immerse yourself in information, text Bannon, B-A-N-N-O-N to 989898 and claim your free info kit
00:15:57.700
on gold. Let me ask you this again. Can your IRA or 401k weather an economic storm because a storm's
00:16:06.560
coming? If it can't, call the people I trust. That's birch gold. Text Bannon to 989898. Secure your
00:16:15.100
savings today. Birch Gold Group. Here's your host, Stephen K. Bannon.
00:16:27.740
Dave Bratt with Stephen K. Bannon, year of our Lord, 2024. Today, we're going to connect a lot of dots.
00:16:36.000
We just had immigration with the great Rosemary Jenks, the Dorian Gap, Central and South America. Now we're
00:16:44.180
going to Colonel Retired Mills, John Mills, Colonel Retired. And he's going to give us a whirlwind
00:16:52.620
liberal arts tour through the world, all the hot spots. This is something in the Stephen K.
00:16:58.740
Bannon wheelhouse, connecting the dots, connecting the dots across the globe, connecting them to world
00:17:04.260
news and eventually to how they will affect you. And so, John, thanks for being on with us. Can you
00:17:09.940
please just lead us around through the hot spots today that we face? And then we'll get into why
00:17:17.080
they matter to us in the second round? Yeah, absolutely. Thank you, Dave. Dave, we're a world
00:17:25.100
in conflict. I mean, there are 14 at least regional conflicts going on that are hot right now. They're
00:17:33.760
raging combat or they are smoldering and can burst into flames in a moment. And it's all related to
00:17:41.380
China and China's effort to take down America. Everybody works for China right now in the world.
00:17:47.400
Every one of these regional conflicts, you can trace it back to China. So let's go through the
00:17:53.480
maps real quick here. First of all, obviously, we're so Ukraine, we're aware of that. But again,
00:18:00.360
Russia is a colony of China. This is really about this is Russia's contribution. Now, at this point
00:18:07.420
in time, essentially, the ground war is a standstill, but we're giving long range weapons and we're giving
00:18:14.340
permission to fire over the border. A map was just released publicly in the last few days by the
00:18:19.780
Biden administration. We are playing with fire. This is extremely provocative. And two can play
00:18:25.920
this game. So Jake Sullivan may think, aha, this is really clever and fun. Sooner or later, Putin is
00:18:33.740
going to take a shot. And we're going to, where did that come from? Well, two can play this game. And
00:18:38.160
this is extremely escalatory and provocative. But we also have other things. What's Russia's likely next
00:18:45.460
move? Well, I mean, I think one of the ways is pushing from Belarus and the land bridge right across
00:18:50.600
to sovereign, Russian sovereign territory in Kaliningrad, which cuts off Poland, covers, covers
00:18:57.080
Poland, some of Poland, also the Baltic states of Lithuania and Latvia and Estonia. So that's likely in
00:19:05.040
many ways the next move. Down here now in the Middle East, kind of a different area. But again, part of the
00:19:12.820
regional conflicts, this is all China. Iran is the major colony for China waging the war. So you had
00:19:19.680
October 7th by Hamas, pre-planned, no question about it, years in the planning. Iran worked very
00:19:29.360
closely. And Iran has a huge footprint of China. So Iran is a colony of China. So October 7th,
00:19:38.960
Netanyahu has not yet finished off Hamas. They also started, well, in April, we had the huge volley
00:19:45.900
of missiles back and forth to try and take out Israel that didn't work out very well. And for Iran,
00:19:53.980
but then you also down here, you have the Bab al-Mandab, one of the most important choke points
00:19:59.420
in the world. All of that, the Houthis, that's all, those are, they are agents of Iran. Iran is a
00:20:05.860
colony of China, and they're attempting to choke off world shipping. What does this have to do with us?
00:20:11.380
Maybe not a whole lot. We don't get a whole lot. But when world supply chains are pinched,
00:20:16.660
guess what? The world starts getting into our supply chains. But right now, the real action
00:20:22.360
is Hezbollah in the north. That's going to be a much more violent battle for Israel. But this is
00:20:30.560
all Iran. Hezbollah absolutely works for Iran. So Hezbollah, Hamas, the Houthis, every one of those
00:20:38.160
works for Iran. Excellent. So let's go a little closer here. But in the Americas, this is very
00:20:45.520
important. The war is coming closer to America. We got regional hotspots right here. So the Wall Street
00:20:51.280
Journal just came out with their map of the, the maps of the Chinese spy bases, which were much
00:20:56.660
bigger. We covered this. I was, I happened to be down in Key West July of last year, and we covered
00:21:02.200
this. And everybody was shocked. Oh my, the Chinese are in, in Cuba. And Jake Sullivan goes, oh yeah,
00:21:10.040
yeah, they've been there. It's, it happened during the Trump years. No matter what the question is,
00:21:14.040
the answer, it's always the Trump years. No, actually back in the nineties, I found some articles about
00:21:19.700
the Chinese spy bases in Cuba. Nothing was done during the Clinton years. But obviously we have
00:21:25.140
the open borders, the fentanyl, and now it's not fentanyl anymore. It's nitazine, nitazine,
00:21:32.400
far more powerful, far more potent. And the cartels work for China. You have Chinese special operators
00:21:40.040
directing the cartels. This is where we need an authorization to use military force to make
00:21:45.160
a life lesson or an example out of one of these Chinese cartel meetings. Molino down here in Panama
00:21:52.300
just took over. He's a populist. Just think of a Bukale in El Salvador, Milay in Argentina. We have a
00:21:58.620
swelling rise of populists. He just took office on Monday. He's pro-American, whether the Biden team
00:22:05.920
likes it or not. Now you had Mayorkas down there, led the delegation. You had
00:22:10.660
the Navy secretary down there also. You had Aponte, the U.S. ambassador down there, who has
00:22:20.420
really not been very helpful. Molino and Panama want good relations with the U.S. They want to be
00:22:29.240
close to the U.S. They don't want to be close to China. And they've got nothing but a cold shoulder
00:22:33.840
from the U.S. Now, Molino's very serious. He is going to shut down the Darien Gap, and he's going
00:22:40.040
to block the illegals and the Chinese. And they just signed an agreement. Now, this is what's
00:22:45.260
concerning about the agreement. When Mayorkas was down there, they said, OK, we'll fly him. We'll fly
00:22:52.440
him out of there. We'll fly him where? Are they going to fly him from Panama direct to the U.S.?
00:22:56.680
Or are they going to fly him from Panama back to where they came from? Hopefully where they came from.
00:23:01.580
But again, we have taxpayer dollars in the Darien Gap. So you also have the potential war going on
00:23:08.980
here imminently. Venezuela, they've been told they better start doing something and delivering to the
00:23:15.080
boss in Beijing. So a lot of the action is going to be over the oil fields off into the water areas,
00:23:23.160
not really on the ground because they don't really have good maneuver. They don't have good roads.
00:23:27.140
It's really the undeveloped oil and gas in the Caribbean Sea. That's where the action is going
00:23:33.220
to be. So there's that. Over to Asia. Well, obviously, we've got Taiwan. We're going to talk
00:23:40.380
about that some more in a moment. But a lot of the closest trigger that's going to set off the
00:23:49.040
Yeah, about two minutes left, Colonel. About two minutes left for Asia.
00:23:52.200
Okay. But you also got what's going on. You got a new naval base right up here for China. China's
00:24:01.000
got a new naval base right on the Tumen River that separates North Korea and Russia. This allows them
00:24:08.220
to get out past Japan and South Korea. So very concerning. And then the big issue really that's
00:24:14.600
going on, this is the second island chain, Palau, which is friendly to the U.S. The president,
00:24:19.840
there's 18,000 people. The Pentagon has more people than Palau. And President Wipps is saying,
00:24:25.640
I need some help. They're going to try to throw the election, throw me out, which means they're
00:24:29.460
going to throw out America. Down here, the Solomons have already fallen. They've already
00:24:33.920
fallen behind the Iron Curtain. And we've sat around and stared at and not done a whole lot.
00:24:39.520
Now the violent, deadly uprising in French New Caledonia, you better believe there's Chinese
00:24:46.180
fingerprints on that. So they've already bypassed, in many ways, bypassed Taiwan and
00:24:52.080
flanked, gone around or the flank of the second island chain.
00:24:57.980
Colonel Mills, I cannot thank you enough. That was a masterful presentation. Put very briefly,
00:25:06.580
as you briefed the leaders that run our country on the geopolitics. If you had to assess why it is
00:25:15.480
that President Trump had so much success in the last term, we had peace and prosperity and how now
00:25:21.860
we have 14 fires burning, four big wars brewing right now that you just covered. What is the
00:25:33.200
fundamental difference in policy that's taken place that makes us so vulnerable right now?
00:25:39.860
The Biden-Obama team don't get it. Even with their Belfer degrees, they don't understand what's
00:25:45.320
going on here. Foreign partners, they love clarity, they love resolve, and they love authenticity.
00:25:53.200
None of those three words are ever used to describe the Biden-Obama team. They see there is nothing
00:25:58.160
authentic. There's no clarity. There's no resolve. Our U.S. ambassador should be the tip of the spear
00:26:04.660
on this. And all they do is throw up a violent transgender flag. Oh, no, they've taken them down.
00:26:09.560
Excuse me. They've taken down the violent transgender flags. But they don't, they just,
00:26:13.600
there's leading from behind, you know. No, they want leadership. They want expression that we care
00:26:19.420
about them, that we're involved, and we have skin in the game. Because they have skin in the game.
00:26:24.180
This is their turf. They want to know they have America's back. With the Obama-Biden team,
00:26:29.860
they get no clarity, no resolve, no authenticity. So they just, well, the Americans are not on the
00:26:36.800
playing field. They're not in the game. They obviously don't care. We're on our own.
00:26:41.360
Yep. And your thesis in closing here, about a minute to go, tell folks how to reach you. But
00:26:47.240
China, behind most of the 14 points of fire around the globe, you just showed us, what should our
00:26:55.120
policy be? What markers do we need, if we were in power right now, and you wanted to play hardball,
00:27:02.180
what markers do we put down with China to clean things up?
00:27:05.440
Well, it's all about trade and economics and finance with China, which, again, the Biden team
00:27:11.980
seems to be financially and economically illiterate, despite their belfer degrees. They don't know,
00:27:16.740
they don't have a clue. They never run anything except for their mouths. And so they don't
00:27:21.440
understand. They're functionally illiterate. So Navarro knew how to do this. Trump knew how to do
00:27:26.720
this. That's where it's really going to get China's attention is cutting off the finances. This is what
00:27:32.060
it's all about. We have to continue to build up our diplomacy, our military and our intelligence.
00:27:37.560
We have to show interest. We have to show we really care about our strategic partners that
00:27:42.420
we're not just aloof. And we're just kind of managing the decline of the United States.
00:27:46.400
Colonel Mills, how do folks get to you, Colonel, to follow this? I recommend every parent
00:27:52.040
take this segment, show it to their kids until they get it. Colonel, how do folks get to you real
00:27:57.560
quick? 10 seconds to go. Colonel Rhett John, Colonel R.E.T. John, Substack Getter and Truth.
00:28:04.560
Colonel Rhett John, Substack is the best place. Yeah, brilliant presentation. Colonel, thank you.
00:28:10.240
Thank you for your service to our country. God bless you. Stick with the war room. Back in a minute.
00:28:17.000
I want to warn you of a huge change that could be coming to our money in our bank accounts. First,
00:28:23.000
think back to 9-11, shortly after the government pushed through the Patriot Act. This gave the
00:28:27.660
government power to spy on innocent Americans by monitoring our phone and email and tracking our
00:28:33.340
movement across the internet. Now, Jim Rickards, editor of the independent financial newsletter,
00:28:38.900
Strategic Intelligence, and New York Times bestselling author, is warning about a coming event
00:28:44.260
that could elevate this governmental surveillance to a terrifying new level. In fact, some of the guests
00:28:50.360
I've had on the war room believe that the government will soon expand their powers to track our every
00:28:55.680
move. If we say the wrong things on social media, donate to the wrong causes, buy firearms, or even vote
00:29:02.480
MAGA, the government may be able to shut us out of our bank accounts. I can't say for sure if this will
00:29:08.980
happen, but it's an interesting and dire warning. Fortunately, Jim Rickards, an American patriot and friend
00:29:15.240
of mine has made it his mission to educate us on what he believes is coming and how to protect yourself
00:29:21.200
from the possibility of programmable money. Watch Jim's warning video now before it's censored like
00:29:29.240
I've been in the past. Go to RickardsWarRoom.com. That's RickardsWarRoom.com. Now to see the video.
00:29:46.420
Dave Bratt in the War Room with Stephen K. Bannon. Great show packed wall-to-wall. Geopolitics. No one can do
00:29:55.240
what Steve Bannon does, but he's accumulated a bunch of powerhouses that step in with our expertise.
00:30:02.100
We've just had experts on immigration. Then John Mills, just a masterful tour de force around the
00:30:10.960
globe, 14 hotspots. And now we have Dave Walsh, the War Room energy expert. And so, Dave, if you want
00:30:20.460
to bring us up to speed on the latest in energy policy, what the Biden administration has wrought,
00:30:26.360
what the Trump solution could be, and then tie that into some of the hotspots you see around the
00:30:33.540
world. How is energy tied into our geopolitical strategy? And why are we paying such a price
00:30:41.360
now? And how can we get out of it? Dave Walsh, take it away.
00:30:45.220
Dave, thanks for having me. You know, this week we had the announcement by the administration,
00:30:49.780
their latest move to put a shiny object out, to attempt to win an election by appearing to do
00:30:55.920
something for the American people on the price of gasoline at the pump. Announced basically the
00:31:02.280
abandonment of the strategic gas reserve in the Northeast. 10 million barrels or 42 million gallons
00:31:09.780
of gas are going to release. So programmatically, they're saying release. It means sell. These are
00:31:15.800
sold off. We'll have no longer a gas reserve, which was meant for a repeat of something like
00:31:20.820
Sandy that occurred a couple of years ago, or a military event that we need to support.
00:31:26.120
We'll no longer have a gas reserve in the Northeast for gasoline. And what that amounts to,
00:31:31.100
42 million gallons. We consume, as a country, 376 million gallons a day. 42 million gallons is 11%
00:31:39.360
of one day's consumption of gas in this country. So we'll have an absolutely nominal to nil effect
00:31:45.980
on pricing, even though they're broadcasting the shiny object that it will. But I will remind
00:31:51.100
everybody, and this is where we got to keep our guys honest in the Rhino camp. We had back on March
00:31:58.080
22nd, 101 Rhino congressmen vote for this inside the bill to keep the government open and the budget.
00:32:05.140
And a majority of our Republican senators voted for the keep the government open bill that included
00:32:11.320
this as a line item, selling off the gas reserve in the Northeast. Just saying. So Republican hands
00:32:18.540
are dirty with this also. We have got to educate our Rhino candidates and our Rhino representatives on
00:32:25.180
how energy works and how it's being used against the American people. We've still got to work on that.
00:32:29.360
Globally, some shocking news through Reuters in the last few days. Russian pipeline gas coming into
00:32:37.900
Western Europe has advanced by about 23% in June, over June of last year. In May, it was up about 31%
00:32:45.580
from May of last year. So Russian pipeline gas is finding its way back into Western Europe.
00:32:51.920
The entire time of this conflict, LNG has risen from Russia to Western Europe. LNG was a loophole
00:32:58.280
in the boycott of Western Europe against Russia. Wasn't included. Was 13% of the LNG a year ago is
00:33:05.200
now 17, nearly 18% of the LNG being bootlegged into Western Europe is coming from Russia to our
00:33:12.560
supposed allies in this Ukraine activity, again, proving that they're not really allies and Western
00:33:17.780
Europe not really doing much in the way of support to the 180 billion we've thrown into that conflict.
00:33:23.760
Go over that one again. Hey, Dave. Dave, go over that one again, just the conclusion, the bottom line.
00:33:30.760
So Europe to Russia, energy, implication for the United States. Go over that. Just at the crass level,
00:33:38.060
what's the bottom line there? Where do we stand?
00:33:40.240
Well, we export 47% of the LNG coming into Europe comes from here, puts some pressure on our gas prices,
00:33:49.820
although they've been low. Natural gas prices generally the last year have been low.
00:33:53.900
But also oil, crude and refined product ranges from 1.8 million per day to 2.5 million barrels today
00:34:01.160
are exported from the U.S. into Western Europe to augment the loss of crude oil from Russia into Western
00:34:08.140
Europe, which does have an effect on boosting prices here. And that's what folks are seeing at
00:34:12.960
the pump. We're up to generally averaging about 375, 380 across the country in gas at the pump.
00:34:20.300
And we've had about 17% uptick in Brent crude and West Texas intermediate pricing in the past year
00:34:27.920
due to largely heavier exports occurring into Western Europe for us to support their lack of oil coming
00:34:34.500
from Russia. But I'm saying at the same time, LNG and natural gas continue to come into Western Europe
00:34:40.140
from Russia in significant quantities. So kind of contradicting the complaints of the Europeans
00:34:46.480
that they're helping us through being restricted on energy supply. They continue to import rather
00:34:53.320
large quantities of LNG, about 18% of what they import comes from Russia. And a very large portion of
00:34:59.740
their pipeline gas in the last two months is coming again from Russia. So they're not great supporters
00:35:05.520
of this war effort, the Western European so-called allies. We've got about $100 billion now per year
00:35:14.820
that we're exporting into Western Europe. Coal is $2.5 billion natural gas, about $40 billion and oil
00:35:23.020
ballpark $50 billion in monetary value of exports into Western Europe, you know, with this Ukraine
00:35:29.800
activity restricting supply there. And their own decisions in Western Europe, in the Groningen gas
00:35:35.520
field in Holland, in the North Sea, by the UK and Scotland, the UK in terms of banning fracking,
00:35:41.380
and the Germans in terms of Lower Saxony, where plenty of natural gas exists, to not harvest their own
00:35:46.820
resources continuing, and lots and lots of exports from the U.S. buttressing their own lack of
00:35:53.640
willingness to harvest their own regional natural gas and oil resources. So-
00:35:59.920
Yeah. Hey, Dave, let me, you can finish up on Europe, but I'm also interested in Colonel Mills.
00:36:06.600
Everything's coming from China. That was a thesis statement, no matter where you are.
00:36:10.620
Middle East, Europe, Latin America, fentanyl, China, the second island chain, everything.
00:36:18.220
What, where do we stand? You've been great on that over the years, the horn around India,
00:36:26.700
the sea routes. China is highly, got some severe problems there in terms of their own internal
00:36:35.400
energy needs. What is that looking like now? Does that, does that impact their planning on,
00:36:41.740
on Taiwan? Are they still vulnerable around those sea lanes in terms of getting the energy they need?
00:36:53.400
No, in, in the longer run, they've, they've, but this is probably a couple of years out,
00:36:58.080
these construction projects being concluded. They've agreed with a pipeline from Siberia coming into
00:37:03.460
China as part of their new alliance with China in the last two years that Biden has forced together,
00:37:08.860
very unfortunately. The Belt and Road Initiative with Iran and Iraq have generated plans for
00:37:14.980
pipelines, which again, pipeline natural gas is far cheaper than LNG. We were a major exporter of LNG to
00:37:21.440
China, but it's very expensive. The liquefaction and deliquefaction transport of it puts a massive
00:37:26.940
premium on gas, but when it's pipeline based, it's far, far cheaper. So they've kind of got that
00:37:31.620
resolve between Iran, Iraq, and Russia ready, moving forward, direct pipelines into, into China,
00:37:38.780
but that's going to be three, four years away. In the meantime, they have bought out virtually all
00:37:45.060
of the boycotted supply of oil into Western Europe, which was about 3 million barrels a day.
00:37:51.020
China consume two thirds of that. Now that Delta India, about one third of it. So China's resolved
00:37:57.140
in oil supply for the time being. So I don't see restrictions on energy right now being an
00:38:05.220
impediment to aggressive actions they may take in the Philippines and in Taiwan. They've done a very
00:38:12.500
good job of it. Also, they've done what we never did. They challenged OPEC by going ahead with Iran
00:38:18.140
and Iraq on deals to buy oil from them for 20 years at Brent crude minus 40%. So they're presently
00:38:24.620
enjoying about $52 per barrel oil from Iraq and Iran, where the rest of the world is spending 86,
00:38:31.260
87 bucks a barrel on Brent crude, or 82 bucks a barrel on our, our Permian, West Texas Intermediate
00:38:37.980
crude. So they're on, on a cost basis. They're, they're massively resolved on energy cost issues.
00:38:44.620
And of course, they've got 400 coal plants under permit and under construction being built in
00:38:49.820
China as we speak, while they make solar panels and lithium ion batteries for us. So, you know,
00:38:55.980
their, their energy picture is doing very much the opposite of what they're selling us in equipment.
00:39:01.180
Yep. Well, give us a, give us a 30 second tour de force on you and Steve have been great on U.S.
00:39:08.540
energy full spectrum dominance. But then give us a couple points. What would you advise President
00:39:14.940
Trump when it comes to this geopolitics in terms of getting Europe to behave themselves,
00:39:20.300
any partnerships we still have at the end of this current administration? How would you advise him
00:39:27.020
to pull together the world in addition to the U.S. getting our own house in order, Dave?
00:39:32.860
Well, we can, we, you know, a lot of this political activity in Germany, Austria, England,
00:39:39.820
and France with Macron do relate heavily to energy costs in Europe and the people standing up against
00:39:47.100
exorbitant energy costs that they've now experienced and the nakedness that's been exposed by Russia
00:39:53.340
invading the Ukraine. Over here to support this and the move to be reactive to people and what people
00:40:00.860
need to live and to have industry and commerce and jobs, incentivization of solar, wind, battery storage
00:40:07.820
needs to end. Incentivization of nuclear power needs to end. We don't need to incentivize any
00:40:13.820
particularly inefficient resources such as time-constrained wind and solar to buttress our economy.
00:40:21.420
We need full stop, all in, competitive on an economic basis, negative incentives again because
00:40:28.140
incentives ruin fastidious behavior and people being efficient. When people don't see the real
00:40:35.660
cost of energy such as being hit by 30, 40 percent incentives on wind and solar, they're not inclined
00:40:42.140
to be efficient. This was one of the hallmarks of creating the DOE back in the Carter era that
00:40:46.700
people ought to be conserving, ought to be efficient. Well, you can't be if you're hiding
00:40:51.500
massive costs of solar, wind and battery storage under incentives and to make that cost amassed over,
00:40:58.620
but also importing virtually all of that equipment, particularly solar and battery storage from
00:41:03.980
China, who are supporting Russia in this cause in Ukraine and supporting what's going on with Hamas and
00:41:09.420
Hezbollah very clearly. And with the bellicose threats continuing on Taiwan and their intent to move on
00:41:15.660
Taiwan, not if, but when. So we've got to take strides for energy independence here. We've got to.
00:41:22.780
Good. Dave Walsh, thank you very much. Fit in perfectly. Brilliant presentation following Colonel
00:41:27.820
John Mills. Seamless. How do people reach you and what should they be reading on energy policy, Dave?
00:41:35.980
Dave, thank you for what you're doing. I can't believe we're in this situation watching our second
00:41:41.580
senior presidential advisor imprisoned by these guys now with this pension to take political prisoners.
00:41:48.220
We're all blessed that you're doing this. We're thankful. You can catch me now on X and of course,
00:41:54.620
Getter and True Social all at Dave Walsh Energy. Thank you, David. Good. Thanks for the kind words,
00:41:59.340
Dave. God bless you. All right. Up next is E.J. Antony on capital markets. Today, the Wall Street Journal,
00:42:07.820
sudden return to the Trump trade sends treasuries reeling. Not only the Wall Street Journal,
00:42:13.900
it seems like the journalists aren't doing journalism anymore. All about 10 major financial
00:42:19.100
pieces all had similar headlines. They're all kind of anti-Trump biased and they're putting things in
00:42:27.260
technical terms that the average reader can't understand. That's why we brought in E.J. Antony,
00:42:32.700
the Heritage Foundation, the great economist of the war room. And so E.J., is there, can you,
00:42:39.740
first of all, just explain the thesis of what the Wall Street Journal is saying about what's
00:42:43.660
going to happen to the bond markets. If President Trump gets in, they accused him of causing more
00:42:49.100
debt and more inflation. And I think you and I probably have a different view of what the Trump
00:42:55.580
presidency will bring in terms of economics. E.J. Antony, fire away.
00:42:59.420
Well, Dave, let's not forget. Actually, you're going to have about a few seconds here, but
00:43:05.020
let me just hold you over the break, E.J. But tell us right now, how do people reach you so they can
00:43:10.780
read you on this stuff ahead of time? Sure, sure. Best place to find me is going to be on X. The
00:43:15.980
handle there is at real E.J. Antony. Good. Well, we're back with E.J. Antony, who's been a champion
00:43:23.000
in the war room on all things capital markets. And so hang with us over the break and please
00:43:29.720
spread the war room with all your friends. Spread all the platforms, including E.J. Back in a minute.
00:43:39.160
Back in the war room with Stephen K. Bannon. We have E.J. Antony in house. This has been a power
00:43:52.280
packed hour with geopolitics. Stephen K. Bannon is usually here to connect all of the dots,
00:44:00.200
but we appreciate the war room and the willingness to spread this platform to everyone. Rosemary was
00:44:07.440
great on the immigration piece. And then a whirlwind tour. I hope you share that with all the young
00:44:12.800
people out there. They need to know about the world they live in. Dave Walsh on energy. And now E.J.
00:44:17.900
and Tony, we set you up with a Wall Street Journal piece today on the bond market. Why don't you give a
00:44:24.280
summary recap of what they're saying about President Trump expectations and then what free market
00:44:31.640
economists and non-biased economists think the Trump presidency will bring the American
00:44:37.420
people? E.J. Antony, take it away. Oh, certainly, Dave. Thanks so much for having me. And look,
00:44:42.940
I think what people need to understand is the same folks who are telling you what a disaster another
00:44:47.800
Trump presidency will be are the exact same ones who told you back in 2016 that the first Trump
00:44:54.220
presidency was going to be a total disaster. They said his tariffs were going to bring on inflation.
00:44:58.880
They didn't. They helped onshore manufacturing. They told you that by stopping illegal immigration,
00:45:05.120
it was going to cause labor shortages. It didn't. It actually caused wages for American workers to
00:45:10.640
increase and increase much faster than prices. Exactly the opposite of what we've seen under Biden.
00:45:16.200
And we had a deep liquid treasury market, which basically just means it was very easy for the
00:45:22.660
treasury to auction off its debt. That's important because when it gets difficult for the treasury to
00:45:28.560
do that, the treasury needs to offer more and more interest to bondholders in order to incentivize
00:45:35.340
people to lend the treasury money. That's what's happened under Biden. As the debt has exploded,
00:45:41.440
as people have begun to doubt the treasury's ability to actually repay this debt, which is a pretty real
00:45:47.320
concern when you're talking almost $35 trillion in debt, all of a sudden interest rates have gone
00:45:53.620
through the roof. That's costing hundreds of billions of dollars more a year, just in extra
00:45:59.960
interest. A lot of the Trump policies that he wants to re-implement, which he already did the first time
00:46:05.660
around, would cause, would essentially alleviate a lot of that stress on treasury markets. And so many
00:46:12.520
of the indicators that these so-called prognosticators are pointing to today as a sign that Trump is going to
00:46:20.200
bring all kinds of devastation upon the United States are actually just signs that the current
00:46:25.600
administration is bringing that kind of financial Armageddon today. It's not a sign of things to come
00:46:32.220
so much as a sign of what's actually going on today. It's no coincidence that treasury yields,
00:46:38.280
for example, are going up only a couple of days after that same treasury had to borrow $100 billion
00:46:44.000
in a single day. I mean, it seems pretty easy to connect the dots here as long as you can just
00:46:50.400
take off your biased political lenses, I suppose. Yeah. And EJ, a couple minutes to go, about a minute
00:46:58.000
or two. And tell folks, I mean, just in the basic simplest terms, if people expect President Trump to
00:47:06.400
return a roaring economy, does it make common sense to you that they're going to take money out of low-paying
00:47:12.460
bond interest rates and put them into real investment in the real economy again? Thank God.
00:47:19.180
So give us your commentary on that for a minute or so, EJ. David, this is such a great point. Part of
00:47:25.320
the reason why long-term treasuries are seeing interest rates rise is because when you loan the
00:47:30.600
treasury money for 10 years, it's tied up for 10 years, a whole decade. And so if you expect that
00:47:36.540
President Trump is going to come back into the White House and that he is going to restore very fast
00:47:41.600
economic growth, do you really want your money sitting there at 2% or 3% or 4% when it could
00:47:47.460
sit in the stock market and get 5%, 6%, 7%, 8% annual returns? And so if the treasury is, again,
00:47:54.320
going to incentivize people to lend it money, it's going to have to offer higher and higher yields to
00:47:59.280
be competitive with that robust Trump economy. EJ and Tony, thanks for being in the house with us.
00:48:06.340
We're going to have you back often. Great job today. Everybody look them up. Follow EJ and Tony. We just
00:48:12.220
want to put a plug in for Birch Gold. When you see this instability of the past four years in the
00:48:19.380
Biden administration, its economic impact, please go to our good friends. I'm friends with the Birch Gold
00:48:25.240
crew. Get their advice. They want to talk to you. Look them up. Get their materials. We don't give
00:48:31.720
financial advice on the war room, but we know that gold is a good hedge against risk. And this world,
00:48:37.140
as you've seen by this entire show, with 14 flashpoints around the globe, is full of risk.
00:48:43.700
It's our pleasure right now to bring in Catherine O'Neill. Catherine, what do you got for us today?
00:48:49.380
Thanks so much, Dave. It was great to be with you guys last week before Steve headed in. So today,
00:48:56.000
we have our burger blowout, which is back by popular demand. You guys ask for it all the time.
00:49:03.380
So we have a tab on our website, www.meriwetherfarms.com, war room posse, and you can find the burger
00:49:12.100
blowout. But the other thing I'm talking about today, Dave, is our subscriptions. You probably know
00:49:18.200
that we sell out of our products very quickly, like the war room posse cleaned us out last week.
00:49:23.960
So we really encourage you guys to sign up for our subscription program because then you can lock
00:49:31.340
in a price. You get 15% off every single month and you can have a guaranteed supply. So make sure to
00:49:38.600
go sign up for a subscription. We've included some more boxes in that program. And also one more thing,
00:49:46.240
if you don't want it every month, if it's too much, you can do quarterly, you can do every other month.
00:49:51.320
So there's a lot of options. So go get the burger blowout now and sign up for a subscription
00:49:57.560
because we're expanding. So very good. Catherine O'Neill, Meriwether Farms,
00:50:03.800
go by and support the people who support the war room. Thank you. And now we got another
00:50:08.480
patriot. You all know him, Mike Lindell. Mike, what's the deal of the day? I buy all your products
00:50:14.760
Well, I promised Steve we would break records. My pillow is one of the biggest sponsors of the
00:50:21.000
war room, you guys, to keep it going. We have broke records the last few days. Everybody go
00:50:26.340
right now to the war room square on the MyPillow site. You get a free, one of these free flag pillows
00:50:33.360
for absolutely no purchase necessary. We want you to check out MyPillow. And we have the 4th of July
00:50:39.180
sale. This is a war room exclusive. This is what everybody's getting. These are the premium MyPillows,
00:50:45.160
1998, king or queen. Doesn't matter the loft level. As many as you want this week, let's get them.
00:50:51.540
Let's break these records. You go to the MyPillow. You see there's the special on the pillows.
00:50:58.740
We also have our brand new product, the mattress toppers. These are $149.98 for the queen,
00:51:04.400
$198.99 for the king, but you get a free set of sheets for them. If you don't like the topper,
00:51:09.860
you can return them for any reason. Call our operators, 800-873-1062. Let's break the records
00:51:16.980
for Steve, everybody. God bless you. There's our patriot, Mike Lindell. Please support Mike Lindell,
00:51:22.780
MyPillow. They support the war room. God bless everyone listening. Have a great 4th of July.
00:51:28.600
I'll be back with you soon. Spread this platform for Steve Bannon. God bless everyone.
00:51:35.060
He kills nearly 700,000 Americans every year. Yes, heart disease is the number one killer
00:51:41.220
every year, year in and year out. Heart disease builds over time. Hypertension, high blood pressure,
00:51:47.100
bad cholesterol, diabetes, all of it affects our heart. A healthy heart is key to being energetic
00:51:53.720
as we get older. It is never too early to take care of your heart. You see, heart disease sneaks
00:52:00.600
up on us. You can start in your 30s, and when this happens, you're at serious risk by the time
00:52:04.400
you turn 60. If you want to take care of your heart and those you care about, please go to
00:52:10.020
warroomhealth.com. That's warroomhealth.com. All one word, warroomhealth.com. Use the code
00:52:17.560
warroom at checkout to save 67% of your first shipment. That's code warroom at checkout to
00:52:23.660
save 67%. Do it again. Warroomhealth, all one word, warroomhealth.com. Go there today. You need,
00:52:31.480
if you're going to be part of the posse, you need a strong heart. You need a lion's heart.
00:52:35.780
How we're going to do that is with Salty. Go there, do it today. Check it out.