Bannon's War Room - September 04, 2024


Episode 3880: Selectivity Of The Mainstream And Trump


Episode Stats

Length

55 minutes

Words per Minute

159.9816

Word Count

8,925

Sentence Count

34

Misogynist Sentences

12

Hate Speech Sentences

5


Summary

In this episode of the War Room, host Stephanopoulos breaks down the latest polling data on the 2020 Democratic presidential primary race, including the latest CNN/ORAC national average and a new CNN poll showing a close race between Hillary Clinton and Donald Trump.


Transcript

00:00:00.000 this is the primal scream of a dying regime pray for our enemies because we're going to
00:00:09.860 medieval on these people here's not got a free shot all these networks lying about the people
00:00:16.440 the people have had a belly full of it i know you don't like hearing that i know you try to do
00:00:20.600 everything in the world to stop that but you're not going to stop it it's going to happen and
00:00:23.960 where do people like that go to share the big line mega media i wish in my soul i wish that any of
00:00:31.780 these people had a conscience ask yourself what is my task and what is my purpose if that answer
00:00:38.900 is to save my country this country will be saved war room here's your host stephen k band
00:00:47.360 well here's the national average what we got here is all of the recent major polls nationally
00:00:58.900 and what is the sort of composite when you average them together harris with a three-point advantage
00:01:04.220 nationally over donald trump now if you're a democrat the good news besides the fact that
00:01:08.920 you're ahead is that's an improvement for democrats from where things were before harris became the
00:01:14.380 candidate joe biden almost all year was trailing donald trump so that's changed harris ahead by
00:01:19.380 a few points there now if you're a republican what you can take salas from here is this is not
00:01:24.720 unfamiliar territory for donald trump take a look here at the last two elections 2020 2016 the polling
00:01:32.000 at this point coming out of labor day beginning the fall rush in 2016 hillary clinton led on average
00:01:37.920 by five points of course donald trump won in 2016 and joe biden had an even bigger lead on average
00:01:44.080 labor day 2020 donald trump didn't win that election but certainly in the electoral college
00:01:49.200 he came this close to doing so on a so trump has run from behind before certainly
00:01:54.540 so yeah trump's running behind according to the polls uh we got mark mitchell on the question
00:02:06.520 um first of all i want mark to explain what the term suppression poll means and i want to
00:02:13.780 ask him whether there's been any time in recent history where he's seen a more aggressive use
00:02:22.940 of suppression polls than now hey mark welcome back to the war room sir happy to be here yeah
00:02:32.100 suppression polls it looks like there's a lot of them right now so suppression poll is a poll that
00:02:36.480 somebody puts out they probably do some dirty tricks to it and the idea is to drive a negative
00:02:42.800 narrative there's been a lot of really great examples although i have to say this year is
00:02:48.500 giving 2020 a run for its money but a really good example not that long ago fairly digginson did a poll
00:02:54.040 that showed that harris was beating trump nationally by one point and then further in the poll they asked a
00:03:00.200 bunch of questions about gender and race on purpose to see if it impacted how people responded to the
00:03:06.180 matchup question and then it showed that harris was leading by seven and then immediately the hill
00:03:12.120 took that headline harris plus seven number and ran with it as though that was the actual race and
00:03:19.280 there's no way and another really great example there yeah go ahead hang on let me just for the
00:03:24.960 audience so they get the lingo down i think that's called a push question oh is that is that what they
00:03:31.420 call that when okay so you do the initial where is the race and then you you ask a bunch of questions
00:03:38.680 that are going to basically make it more favorable to whoever you're whoever you're pimping
00:03:44.060 and then the push question so rather than do the matchup they did the push question right
00:03:49.500 100 which is why you put matchups in the beginning of the poll
00:03:53.200 one of a million dirty tricks that pollsters can do but there was there was a suppression poll
00:03:59.140 right there in that clip if you go to real clear politics aggregate which i think they use very
00:04:05.660 even-handed standards to determine who they let into their tracker i think it's a pretty fair
00:04:12.340 representation of all the polls that are out there they show harris leading by 1.8 but in that clip
00:04:19.460 they show harris's average is actually plus three over trump so already they've done something
00:04:26.180 selective there to get to harris plus three in their segment just the framing of how they put
00:04:32.480 that segment together was really scummy and dirty but there was a poll out um abc ipsos um that had
00:04:40.400 harris leading by i think four in a two-way six in a multi-way i don't know it was a lot right
00:04:45.260 pretty close to harris plus three but if you look in the internals there they have favorability number
00:04:51.620 by candidate they had harris with a plus three net favorability and donald trump with like a negative
00:04:58.440 24 this is the man that received more votes than any republican in history and you're telling me
00:05:07.420 in this 2024 poll he's been around for a decade everybody knows who he is there's not many people
00:05:13.420 who are undecided about donald trump you're telling me that he's got a negative he's got only a 33
00:05:19.820 favorability rate and yet is somehow taking 46 of the vote there's absolutely no way so i just there
00:05:27.620 you show me polls that have harris plus three plus four plus five they are doing something so what that
00:05:34.240 let me just just as a as a layman what that would reveal is oversampling of of democrats right
00:05:43.720 wouldn't that reveal that many flavors of that and this one's tricky because it's hard to spot and
00:05:50.600 luckily they did disclose this but i can go out and sample republicans and democrats and then wait
00:05:56.860 the poll to party but the problem is is that there are democrats that support trump there's republicans
00:06:02.720 that don't and then there's independence and so i can measure their 2020 vote and then wait for that
00:06:09.340 but even then there's republicans that just don't have a very favorable impression of trump but they're
00:06:16.680 still going to potentially vote for him somehow abc got a ton of those people and so all these things
00:06:24.300 have ramifications for the numbers but it's like they polled almost entirely never trump independents
00:06:30.380 and republicans listen in that poll we have donald trump's favorability in our numbers like 80 among
00:06:36.200 republicans so let's just assume 90 you know with the democrats let's assume 100 republicans are about
00:06:43.200 a 30 electorate that could see the 33 trump favorability so that means like in their independent
00:06:50.000 sample trump has like a zero percent favorably it just makes absolutely no sense if i got results like
00:06:58.020 that i would really be questioning what happened in my poll because if i was not being disingenuous like
00:07:04.160 there is a real problem with the way that we sample and of course in our numbers everybody who's been
00:07:10.320 following us knows this harris has always been a little bit less favorable than biden biden's been
00:07:16.380 less favorable than trump and trump isn't super favorable but he's gotten 49 50 51 percent and biden was
00:07:23.740 higher than trump until he had his presidential term right and it got a lot lower all of that to me makes
00:07:30.640 internal consistent sense and you don't need to be a pollster to rip apart these things go download
00:07:36.460 the crosstabs if you're one of the pollsters that isn't putting the crosstabs behind the paywall
00:07:41.460 and look for consistency and that's where you'll start to find these tactics don't so again a lot a lot
00:07:48.240 of lingo here a lot of lingo here um give give the the listeners a an example of a cross tab where
00:07:57.100 you're i think it's something like uh democrats on abortion or young folks on forward policy something
00:08:08.100 like that what's a cross tab and and what how would a cross tab reveal chicanery you're never going to
00:08:15.480 know a hundred percent if a poll is crooked there is no amount of disclosure because even if i had their
00:08:22.300 data i don't know if they're spiking data points they could just be throwing out extra trump
00:08:27.480 supporters but the most that you're going to find is in a document called the crosstabs which is
00:08:32.760 pretty much the deliverable of a poll of course things are in there like margins yeah yeah the
00:08:39.260 margin of error the sampling methodology it's going to have some stuff like that um but what it's also
00:08:44.140 going to show is not just the top line numbers which is like nationally trump versus harris or
00:08:49.780 nationally every single question they ask should be every question they ask sometimes they don't
00:08:54.680 disclose them all but then it's going to show how each single demographic that they have data for in
00:09:00.020 the poll answer the questions that is where all of the bodies are buried because i can look at by party
00:09:06.880 who says they're going to go trump versus harris and the most important column is independence and so
00:09:12.500 my independence right now tell me they're going for trump by five to ten point margin depending on the
00:09:17.780 poll which is a really major reversal from in our polling in 2020 when trump lost independence but if
00:09:24.680 you if you see a mainstream media pollster right now that has harris up they're probably showing trump
00:09:29.980 losing to harris among independents and that to me especially in the swing states is going to be the
00:09:37.440 key to this election and who's right and who's wrong and in my opinion if you're new york times
00:09:44.100 it's really hard to get trump supporting independence to respond to your poll i think that might be the
00:09:51.180 key to what's happening here but of course also in our polling the story and again maybe we're just
00:09:56.580 out in right field and we're going to be totally wrong i think over cycle over cycle we've been proven
00:10:03.280 right but the 18 to 39 year olds the hispanic voters and even the black voters have been going
00:10:10.300 more and more trump what's the lag time uh but now in in the trade so what can you expect if a poll comes
00:10:23.100 out today it's not reflective of today it's reflective of some time prior to today how many days or weeks
00:10:32.240 um is it usually uh the lag you just pointed out scumbag pollster tactic number 37 which is
00:10:42.800 sit on your data okay now every pollster is going to disclose ostensibly honestly the exact days the
00:10:50.380 sample was taken and then they maybe sit on it for a week or two and then drop it and that was a lot of
00:10:59.120 what was happening in august because everybody was sampling in the very beginning of harris's
00:11:03.800 candidacy when she got a lot of positive press and then dumping the polls two weeks later to drive
00:11:09.740 a kamala momentum narrative um but we're the only people that do this we started doing it this cycle
00:11:16.760 if denver wants to throw up the chart we collect data every night and to show that we are being as
00:11:23.820 transparent as possible we show you what happened literally last night so this is data that was taken
00:11:30.800 you know seven to nine o'clock last night and everybody else they sort of go hey i'm gonna pull
00:11:38.560 today and they go into the field and then they pull and then they wait two weeks and so there might
00:11:43.360 be an absolutely huge like two three weeks is a massive amount of time in this cycle because if
00:11:49.020 you're getting data from three weeks ago it's the dnc bounce right yeah so what we showed so mark
00:11:55.720 how many hang on how many people do you sample a night and then how do you decide when and how to
00:12:04.220 aggregate them to issue kind of a broader poll you sample like you get 200 responses a thousand or
00:12:12.100 what do you do every night sample size is about 360 yeah it's about 360 people a night that go into
00:12:20.240 that chart so each individual night is about a plus or minus five margin of error anybody who studied
00:12:26.020 statistics knows that that's a wide range however the polls are going to tend to be close to the
00:12:33.700 population mean and so you really can look at the trends and that's why i put it out there because
00:12:38.660 there's all these narratives about the race shifting or momentum and if you look at that chart it really
00:12:44.340 kind of doesn't show it that much it shows trump again there's swings in there it shows trump with
00:12:50.900 a pretty comfortable two-point lead over time and because we're not trying to drive narratives
00:12:57.380 every thursday we just take an aggregate of the last five business days what about the argument okay
00:13:04.300 let's say let's say let's say that you've got the the one of the only honest polls out there you show
00:13:10.700 trump in the lead by two you know the carville theory is that all these other polls are off by three so
00:13:20.780 you know if if if abc shows trump trump down by three and you got him up by two
00:13:28.140 um what do we glean from that yeah look at it look at the real fair politics aggregate it's harris 1.8
00:13:38.780 i think based on what we saw across the industry in 2016 to 2020 i think it is reasonable to assume
00:13:46.380 the entire mainstream polling industry leans about three points left and probably really didn't correct
00:13:52.220 that okay and if you add three points to negative 1.8 you get essentially exactly what i do which is trump
00:13:57.900 winning nationally i got it so i got it yeah yeah yeah he he's never been there before right
00:14:06.620 all right brother you keep doing what you're doing how can uh the posse stay abreast
00:14:11.980 particularly of this daily poll where do you want him to go
00:14:15.740 uh go to twitter at rasmussen underscore poll i started posting about two months ago to mark
00:14:20.700 underscore r underscore mitchell the conversation is happening on twitter and we have a lot of stuff
00:14:26.700 about this race coming out just today a lot of new polling about how harris isn't going to be able
00:14:32.860 to distance herself from the failures of the bind administration i think it's a pretty important
00:14:37.180 story so love to have you guys follow us okay all right man always a pleasure posse check mark
00:14:44.860 mitchell and his page out it's a nightly adventure with rasmussen all right we'll be right back
00:14:51.740 stay right here
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00:17:34.780 peter k navarro in steve bannon's war room we're going to talk now i think about the most important topic
00:17:44.060 for the november 5th election and that is get out the vote get out the vote we need to do that and the
00:17:53.660 best person to talk about that with is uh katherine engelbrecht um i want to bring her right in now
00:18:03.100 and uh katherine if you can first uh to emphasize how important this issue is right now give us an idea
00:18:11.740 of like the calendar of some of the states particularly the battleground states where
00:18:16.620 some of the absentee and early voting is going to start forthwith and um what we're going to get
00:18:25.500 the vote out but also monitor some of these uh dropbox shenanigans which uh were so prevalent in
00:18:33.980 2020 welcome katherine thanks so much and thanks for having me yeah the the we are in high season now so
00:18:40.300 62 days from november 5th and absentee ballots are starting to drop the first of the states being
00:18:48.140 nevada and delaware which are already in play north carolina has its opening for the beginning of
00:18:55.260 sending mail ballots this friday and then we we start ticking down the states over the next few weeks
00:19:01.100 but it it is beginning and what's unclear still to this moment is what are the distinctions going to
00:19:08.300 be between how things rolled out in 2020 versus now in 2024 because remember back in 2020 under the fog
00:19:15.980 of covid there were all of these pressures and confusions around when the drop boxes are actually
00:19:21.500 going to open and how long they're going to be open but if if 2020 was an indicator to what we're going
00:19:29.100 to see drop boxes are open in the states that have them from the day that mail ballots begin to be
00:19:36.460 mailed out which means that it's starting now so we shouldn't you know we shouldn't look down down
00:19:43.260 the the line at 60 days from now and wring our hands it's beginning now and we're all over it we
00:19:50.620 do tend to have eyes on those drop boxes yeah um i thought there were some states where drop boxes are
00:19:58.940 illegal um do you have an idea of how many states don't use them and how many do i don't know the
00:20:07.420 actual split there have been you know lots of back and forth and then you have these variations on a
00:20:12.620 theme for example in georgia we all know that georgia had drop boxes in 2020 but in their legislative
00:20:19.340 session of i think 21 or 22 they they moved the drop boxes and and so the new curious arrangement in
00:20:27.100 georgia is they have no exterior drop boxes but they do have interior drop boxes but those interior
00:20:35.900 drop boxes don't have cameras on them so it's a it's a strange um strange arrangement that georgia
00:20:42.380 has come away with but that's that's where they are then you have states like wisconsin where the
00:20:47.180 supreme court back in 2021 designated that those drop boxes that had been across the state were in
00:20:53.420 in fact illegal and then they had a switch up in their in their profile of their supreme court
00:20:58.860 justices and when that that court tipped over to the left inexplicably they they put they pulled the
00:21:05.660 they pulled that case back and then re-adjudicated it and now drop boxes are legal across the state so
00:21:12.700 in your major battleground states let's face it they're they're the achilles heel
00:21:17.740 of the whole election system right now a lot of that the 2000 mules kind of i think proved that
00:21:24.940 what are you doing as an organization uh to police those drop boxes how can the posse help
00:21:33.500 well what what we learned out of all of our work that ultimately led to 2000 mules was that those
00:21:38.300 drop boxes were not being monitored even though states like wisconsin like michigan assured their
00:21:44.460 population that they were absolutely being monitored with surveillance cameras that's that's was not
00:21:49.180 true and so uh this this cycle we do intend to have eyes on those drop boxes with surveillance footage
00:21:56.540 and if everything uh goes as we hope what you can expect from us is to see 24 7 streaming video with
00:22:05.020 the support of people uh and and procedures that will give us eyes on those drop boxes and i don't want
00:22:11.820 to go too much further into it except to say that there is a plan and and the goal is to make that
00:22:16.860 video available for anyone who wants to see it 24 7 and we're we're very very encouraged about that
00:22:23.980 not only because it's going to give people an opportunity to see for themselves but it will also
00:22:27.580 have a deterrent effect to the bad actors that intended to exploit drop boxes thinking that
00:22:33.020 they weren't going to be called out they definitely will be but but you know the other side is going to
00:22:38.460 try to destroy them or tear them down or paint put paint on their lenses and stuff like that is there
00:22:44.540 any way to police that as well have you prepared for that well that's going to happen yeah oh absolutely
00:22:52.700 yes and and you know part of it is uh as they approach the camera to do whatever it is that
00:22:57.500 they're going to do we'll have them on camera up until that moment uh past that if it just takes us
00:23:03.740 continuing to replace them we've been uh testing out our tech for this for over a year we have
00:23:09.820 a a deep bench of alternatives for the for the camera tech and feel pretty good about it but we
00:23:16.220 do anticipate that there will be problems and america will see those problems manifest right alongside
00:23:21.980 with us uh and and of course the question is why why would it be why would it be that they would
00:23:27.260 feel the need to you know cover them up how are we getting out the vote this is what concerns me
00:23:33.260 what what are we what are we doing to getting out the vote usually it's a a door knock or a phone call
00:23:38.860 what are we doing who's out there how many people we got out there door knocking and phone calling there
00:23:44.460 is no replacement for now for true the vote we focused more on because we're more on the election
00:23:49.420 integrity the side of the issue but we do have an initiative called scan check protect which is an
00:23:55.100 easy thing you can find it on our website to send out to family and friends that allows you to
00:24:00.060 register if you're not already registered uh check the validity of your registration just to make sure
00:24:06.220 it's active and accurate so that you won't have any problems when you get to the polls and if you have
00:24:11.180 ever lived in another state and and believe that you may still be on the voter rolls there's a way to
00:24:17.980 check and remove yourself so that's on the true the vote side of things but i can speak with great
00:24:21.980 confidence to the fact that there are other groups out there doing great work and i would like to
00:24:27.020 highlight the work of america of moms for liberty and moms for america both out there doing great
00:24:33.100 great work candacing door knocking uh hundreds of thousands of people out particularly i know moms for
00:24:39.500 america just doing a just focused like a laser on reaching out and changing hearts and minds cameron
00:24:46.860 they're fantastic yeah yeah memo to the rnc and trump campaign if this isn't your number one priority
00:24:56.060 getting out the vote now starting as this calendar does you're doing something wrong um we got a
00:25:05.900 two minutes left here tell us about your great victory in georgia and what it means
00:25:10.460 absolutely yes so just the other day we had an opportunity to participate with a a candidate who
00:25:18.380 had run for school board uh this is a gentleman who in fact is the nephew of martin luther king jr
00:25:24.060 didn't know that at the time but he called and um said that you know he he felt like in a in a
00:25:30.460 small race in georgia he had been wronged and wanted us to take a look at it and it was an opportunity
00:25:36.940 to explore this microcosm of the problems we see at the macro level both in the state of georgia and
00:25:43.500 broadly federally so we took a deep look what we realized was in his race the the problems that that
00:25:50.540 led ultimately to uh initially his defeat but now to an overturned election as was decided by the court
00:25:58.140 was because the maps were wrong and the fact that the maps were wrong at at his at his level down
00:26:03.420 ballot indicates a much bigger problem all the way up to the top of the ticket maps being wrong is
00:26:09.340 something that we have not previously explored and it turned out to be the critical issue on which his
00:26:16.060 case was decided and now he's back up for a new election this november and so you know there's so many
00:26:23.100 great you know great messages to come out of this victory the fact that we won in court the fact that
00:26:29.180 that a a well-deserving candidate um in in a non-partisan effort with true the vote was able
00:26:35.660 to find justice but also it's a you know it's it's it's a cautionary tale to any candidate to make sure
00:26:43.180 you are observing your map lines and that people on the periphery aren't being uh either pushed out or
00:26:50.300 in because again this is what decided his case we were shocked to find it but when you can't trust the
00:26:55.740 map lines it's a it's a whole new ball of uh you know barrel of monkeys that you got to pay attention
00:27:01.820 to okay gathering uh on the way out here how can people get in touch with you and your organization
00:27:11.260 and uh help you can check out true the vote true the vote dot org is our website across all social
00:27:18.940 platforms at true the vote sign up get our newsletter get involved we've got any number of projects
00:27:25.660 underway right now and we are going to be flat out running 24 7 for the next 62 days and until
00:27:31.820 certification so please stand with us we're busier now than we've ever been
00:27:37.820 please stand with her thank you katherine you're great uh we will be right back in the war room we are
00:27:44.540 going to uh take a uh abrupt turn over to the achilles here another day another breaking news story
00:27:54.380 buried they rather talk about anything else than what's really going on it's not because they
00:27:58.860 don't know what's happening the media pundits and talking heads just don't want to pay any attention
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00:29:57.900 with so i want to talk a little bit about that with um with one of our great experts before i do that
00:30:04.380 though i want to encourage you to go to apple podcast and uh subscribe to the war room podcast this is
00:30:15.580 really really important posse i really need you to do this there's a qr code on the screen you can
00:30:22.140 scan apple podcast go to the war room podcast on apple what we really need to do is uh boost the
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00:30:42.380 we're wallowing down behind a bunch of lib part podcasts that um are doing a better job in terms
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00:30:58.140 scan that code all right i want to bring in our next guest um she wants to blame uh kamala harris
00:31:09.100 for the destruction of the housing market and i can tell you what kamala did to start this off
00:31:15.740 um because mitch mcconnell blew the senate elections in georgia we have a tie in the senate
00:31:27.500 and when there's a tie in the senate the vice president as president of the senate breaks the tie
00:31:33.420 and what kamala did was break the tie on the two biggest in history expenditure bills that have been
00:31:45.340 essentially the matches that lit the tinder um on inflation this is caminflation there's no question
00:31:54.060 that there's a direct link to the explosion of prices uh particularly home affordability
00:32:04.140 which now uh apparently um is is a global problem as our high mortgage interest rates have spread
00:32:12.220 kind of like a contagion around the globe so sophie welcome to the war room you got a great article
00:32:19.820 up on the war room site um give us the highlights and low lights of kamala harris please
00:32:27.340 all right well you you sort of set it up for me with the inflation story so right now what we're
00:32:33.500 seeing is a record dissatisfaction amongst all age groups we're seeing 44 of any of people over the age of
00:32:41.980 50 are dissatisfied with the housing market and those that are 49 and under which covers the gen xers
00:32:48.300 the millennials um the gen zers um you're seeing 60 of them are now dissatisfied with the way the
00:32:55.900 housing market's going and like you said it's the inflation story it's the uh high soaring um interest
00:33:02.700 rates and it's also the soaring home prices that we're seeing despite these high interest rates we
00:33:07.980 mentioned last time for every one percent that the interest rate goes up you lose about nine percent of
00:33:13.180 buying power and in 2021 the interest rate was three percent and the interest rate is now seven percent
00:33:19.820 percent and what we would normally expect um if we didn't have this whole other inflation story with
00:33:26.220 the cost of goods being up debt being up what we would normally see is um if you lose um the um
00:33:33.500 amount of demand that's out there because the affordability comes down as the rates go up
00:33:38.380 you would normally see the home prices temper down but we are not seeing that we're seeing the home prices
00:33:44.940 surging and the reason for that is again the inflation story and the interest rates fannie mae
00:33:51.100 put out statistics that 62 percent of homeowners had mortgage rates that were less than four percent
00:33:57.900 so now why would those homeowners want to move they have a great low interest rate locked in
00:34:04.620 they see the cost of everything going up so they're staying put as a result lack of the inventory
00:34:11.100 lack of the supply and what that's causing is a rise in the home prices so not only do you have
00:34:18.700 the interest rates going up and everything being more expensive but now you also have the home prices
00:34:23.980 going up um the gallup data also supported that from 2021 to 2024 that the national average home price
00:34:33.580 had increased by 38 percent just to put that into perspective um for first-time home buyers what does that
00:34:40.860 mean well that means that if they were paying two thousand dollars a month in their housing expenses
00:34:46.060 they're now paying 3100 a month in housing expenses um similarly rents have gone up i'm here in new jersey
00:34:54.140 i've seen rents go up 20 to 30 percent and there is a disparity by region with these statistics too
00:35:00.300 in new jersey i actually the latest statistics the home prices have doubled since 2021 it's an astonishing
00:35:07.260 number it used to be an average of 350 to 400 we're now seeing an average sales price of 700 up to 725
00:35:15.420 so it's a huge number um the data to support this um came out with the realtor associations
00:35:23.820 um and from 2001 overall we saw an affordability level at 148.2 so what does that number mean
00:35:33.020 that number means that the income that you're earning versus the income that you need to qualify
00:35:40.380 for a home so back in 2021 we were seeing affordability level at 148.2 so people were
00:35:48.860 actually able to save money and afford a home now in 2004 overall we're seeing it at 94.3 so we have
00:35:57.260 dropped off by approximately 50 basis points on the affordability nationwide now i want to really
00:36:05.020 highlight the first time home buyers because they are very much hurt in all of this um when 2021 their
00:36:12.220 affordability was at 97.6 and their affordability now in 2024 is at 62.5 it's a huge huge drastic drop
00:36:25.260 now the income has not been able to keep up and that's why we're seeing such a disparity there
00:36:30.300 their income back in 21 was at 55 000 and it's only gone up to about 66 000 um despite all these
00:36:38.940 increases that we're seeing due to the inflationary problem now the qualifying income however needed
00:36:47.020 right now is 106 000 so if the qualifying income is 106 000 and the income currently that the first
00:36:57.500 time home buyers are on record making and the reason is first time home buyers are usually the younger
00:37:03.740 folks out there being 66 000 that's approximately a 40 000 disparity and that's why we are seeing the
00:37:13.020 affordability index so low for these first time home buyers and i want to reiterate a point from last
00:37:19.740 time we're talking about the um kamala harris 25 000 injection into the market for these first time
00:37:26.940 home buyers now i just read the statistic that they're only making 66 000 a year and you need 106 000
00:37:33.580 to qualify for a home um a median home at this price that 25 000 is not even making addendum to it
00:37:41.660 and why would you be increasing only the demand when you're not doing anything to solve the inventory
00:37:47.340 problem um that's where you you yeah let me let me let me interject a little little economist point in
00:37:56.060 in in there because it's it's worse than that as you point out there is uh
00:38:04.220 less a lot less supply than should it should be because of the lock-in effect people don't want to
00:38:09.260 sell their homes because they've got low mortgage rates and then they're just not building as many as
00:38:16.220 they used to so so think about that if you only increase demand and you will increase demand if you give
00:38:25.660 people 25 000 extra dollars to go out and make a down payment you will increase demand supply has not
00:38:33.660 increased what will that do to the price of housing it'll raise the price of housing by about 25 000
00:38:43.740 so you have really done nothing nothing kamala harris to
00:38:50.460 help people who want to be first-time home buyers you just raised home prices even further
00:38:58.300 not just for them but for everybody else uh sophie if you could as a professor i'd love to give you an
00:39:05.420 assignment you've done a good job in new jersey and stuff like that maybe we can get you back monday or so
00:39:11.980 um if you can take a look at pennsylvania wisconsin michigan nevada georgia arizona why would i pick
00:39:23.100 those states um because they're the battleground states it'd be very interesting to see um
00:39:31.580 what what these markets look like um in these other places but this is absolutely this is absolutely
00:39:40.300 fascinating um how can people uh get a hold of you first of all and then what what's uh you got one
00:39:48.860 last shot at this um well they can find me at real sophierealestate.com um it has all of my handles
00:39:57.420 on there for my social media i'm on instagram as sophia uh real estate broker real sophie real estate
00:40:03.100 i'm on facebook real estate i'm on x as real sophie re i do the podcasts um out there so just
00:40:09.980 um if you just google real estate you go to my website you can go under media you can find my
00:40:14.300 podcasts as well and i break down a lot of these numbers too on my podcast and i think it's important
00:40:19.180 for people to understand these numbers i mean this is an american dream right everybody to own a home
00:40:24.860 um and it's it's sad to see these numbers um the dissatisfaction out there um and you know we
00:40:31.500 really need to sort of restore confidence back into the market so all right well thanks for what you do
00:40:38.220 uh just be in touch with camera when you get some new stuff for the war room mill and uh we will see
00:40:46.540 you perhaps in a in a in a week or so you take care i want to just as we uh as we come out of this uh
00:40:55.180 this segment uh keep adding to the list of remember we're never going to use kamala's name alone she's not a
00:41:04.620 a soccer star when you use just a first name it it it gives her some kind of more personal aspect to
00:41:13.500 a person who's an empty vessel really so mark mitchell had comma momentum um we've got caminflation
00:41:23.420 now and i think it's really important to emphasize the role of kamala harris
00:41:33.340 in causing the inflation crisis because she's going to spend a lot of george soros's money trying to
00:41:40.060 convince swing voters that she had nothing to do with anything and that she's going to blame trump
00:41:48.140 even though he's been out of office for four years now and she's going to come up with these phony kind
00:41:53.660 of solutions so to be clear kamala harris caused the housing inflation by being the tie-breaking vote on
00:42:03.740 two huge irresponsible fiscal bills that really ignited the inflation she's caused the rise in energy
00:42:15.820 costs and gasoline prices with her defracking and de-leasing of federal lands um issues so she's got
00:42:26.540 that uh they've ignored the uh the supply chains uh which has caused uh problems in the food supply and by
00:42:36.540 the way food prices are expensive because energy prices are expensive because food's grown with
00:42:42.780 fertilizer and fertilizer is pretty much all petroleum based okay peter k navarro in for the grand
00:42:51.900 finale go to that podcast apple podcast scan that code sign up for it share episodes with your
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00:45:25.340 peter k navarro bringing in cameron to talk about the tax network cameron welcome to the war room what you
00:45:32.700 got well thank you for having me i haven't talked to you since my days in ppo so it's a pleasure but
00:45:38.940 i'll tell you a little bit about tax network usa first tax network usa is a leader in tax resolution offering a
00:45:45.580 comprehensive range of services from handling tax preparation to negotiating directly with the irs to
00:45:51.420 secure the most favorable and advantageous payment options and we provide tailored solutions that
00:45:56.380 help both individuals and businesses reduce their tax liabilities and stay compliant with tax laws
00:46:02.140 all while aiming to bring significant financial relief to you as well
00:46:09.340 so uh ppo that was the personnel office you were you worked back there in the white house is that what
00:46:15.580 you're saying yeah back in the day with johnny mac and all that stuff okay yes so yes the tax network
00:46:22.300 it's like what's interesting is uh one of the things kamala harris did when she broke the tie on one of
00:46:31.100 those votes was to set up uh what 80 000 more irs agents so that's i think your business is going to boom
00:46:42.060 um tell us a little bit more about what the tax tax network actually does and if you know somebody calls
00:46:49.740 them what kind of problem would they need to solve how would you guys help yeah absolutely so um
00:46:57.820 for our audience there's there's so many different options available and we're all on the same team
00:47:02.220 here that's what's so great about tax network usa like for small business owners facing irs issues there's
00:47:07.500 several relief options exist there's installment agreements offers and compromise and requesting
00:47:12.620 hardship status and at tax network usa we are committed to helping uh protect your business and
00:47:18.220 your personal finances from undue irs pressure as you've said the irs has grown uh they they've been
00:47:24.780 causing more pressure on everyday americans so we're ensuring you're fully supported throughout the process
00:47:29.980 all right so what is uh give it to give the website again yeah absolutely uh getting started
00:47:38.300 is super straightforward you can visit our website at tnusa.com slash bannon and fill out a quick form
00:47:44.860 or if you prefer to be more direct you can give us a call at 1-800-958-1000 again that's 1-800-958-1000
00:47:55.660 and we're here to help all right cameron thanks you have a good day take care you too bye
00:48:06.780 80 000 more agents i i don't think we we should lose sight of that fact uh that's going to be very
00:48:17.020 intrusive um they're not going after mike bloomberg let me assure you i don't i don't think the irl
00:48:26.380 is going to be knocking down the door of um george soros i i do think they're going to go after
00:48:34.780 guys like mike lindell not because he's done anything wrong but because he's mike lindell and
00:48:40.940 that's why we got to support the great mustached patriots mike lindell what you got for the war
00:48:49.740 room today sir i'm i need i i'm still waiting for our pillow yeah right i'm still waiting for our
00:48:56.220 pillow okay you know what i'm saying today we're gonna have our special though i'll pimp that for
00:49:04.380 free for you man i'll i'll go i'll do a nationwide tour for nothing for you mike just to get that and
00:49:10.620 for the folks listen our pillow is like a longer pillow so that if you if you couples can sleep
00:49:17.580 together on one pillow what a concept that's right that's right go ahead mike it'll be a little
00:49:23.900 longer than what specials you got well what we're doing everybody um we're we're launching our slipper
00:49:31.340 sale early this is just for the war room posse all the sizes are in the my slippers every size new
00:49:39.180 style everything you guys are you got the this will probably be the only sale we're having on the
00:49:45.340 slippers because last year we ran out this year we we will definitely run out get your sizes now
00:49:51.100 this is an exclusive flash sale for the war room posse uh 39.98 original price 149.98 remember these
00:49:59.020 aren't just any slippers they're made with patented impact gel and the my pillow patented foam
00:50:04.620 if anyone that has a pair of these you know it's the best slipper ever made and you're getting it for
00:50:10.220 the best price in history with this flash sale so this is a war room exclusive go to the website
00:50:16.300 you guys or call the 1-800 number 873-1062 there you're gonna see go down to you see steve click on
00:50:23.260 steve's face there there you save 110 this will maybe be a two three days sale at the most right next to
00:50:30.780 that is the employee sale that's going to be going away get those my pillows those classics for 1998
00:50:37.660 for the queen get those this is probably going to be another one or two days of that sale and then the
00:50:42.700 other one i don't want you to miss out on is the close out and uh the overstock sale you see there for
00:50:48.540 save 80 up to 80 this is our clothing line um all of our my pillow apparel um you have all kinds of
00:50:57.420 stuff on there sleepwear and everything we're closing it out all that stuff is coming this fall
00:51:02.700 you're getting it for pennies on the dollar this is a war room exclusive that will be done in a couple
00:51:07.980 days too so everybody thanks for your support uh you're supporting my employees you're supporting the
00:51:14.620 war room and you're supporting yourself with the best products ever get these slippers the lowest price
00:51:20.860 in history they're all the new style sizes are in we are we will run out of these and and uh but i
00:51:26.940 want the war room to get it for the best price ever before before this fall so get them now
00:51:34.460 my brother mike lindell my pillow my pillow dot com support my pillow dot com mike lindell and you will
00:51:45.180 get a good night's sleep and walk like an angel in those slippers all right mike we'll see you
00:51:51.820 next time brother you take care of yourself
00:51:57.420 peter k navarro out
00:51:58.780 i want to warn you of a huge change that could be coming to our money in our bank accounts first
00:52:19.020 think back to 9 11 shortly after the government pushed through the patriot act this gave the
00:52:23.660 government power to spy on innocent americans by monitoring our phone and email and tracking our
00:52:29.340 movement across the internet now jim rickards editor of the independent financial newsletter
00:52:34.860 strategic intelligence and new york times best-selling author is warning about a coming
00:52:39.900 event that could elevate this governmental surveillance to a terrifying new level
00:52:44.700 in fact some of the guests i've had on the war room believe that the government will soon
00:52:48.940 expand their powers to track our every move if we say the wrong things on social media donate to
00:52:55.580 the wrong causes buy firearms or even vote maga the government may be able to shut us out of our bank
00:53:02.060 accounts i can't say for sure if this will happen but it's an interesting and dire warning
00:53:08.620 fortunately jim rickards an american patriot and friend of mine has made it his mission to educate
00:53:13.500 us on what he believes is coming and how to protect yourself from the possibility of programmable money
00:53:21.180 watch jim's warning video now before it's censored like i've been in the past go to
00:53:27.020 rickardswarroom.com that's rickardswarroom.com now to see the video hey war room hope you're all
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