On today's show, Alex Blumberg and Dan Koty Grgurich discuss the latest on the Trump administration and what it means for the country as we move into the new year. They also discuss the impact of the election results and what they mean for the future of the country.
00:00:06.020Senate Republicans are going to choose a majority leader.
00:00:09.740And if they choose the right majority leader, Donald Trump's going to get a recess.
00:00:14.740And then he's going to do recess appointments.
00:00:16.760He's going to have a clear path to putting in place the people who will fulfill his election mandate.
00:00:23.040And you will see people like Cash Patel, by the way, as part of that.
00:00:27.620If that's not happening tomorrow, if John Thune or John Cornyn get control of the Senate like Mitch McConnell did, we're not going to have a Trump cabinet.
00:00:37.480It's going to be the same kind of chaos we had.
00:01:42.360That's one thing I kind of did my homework on.
00:01:44.220But the people who are the Senate majority leaders, or the Senate majority leader, should be somebody who supports the Trump landslide.
00:01:51.920Look, the people of America that have spoken now, they want an end to inflation, they want secure borders, they want mass deportations, they want all of that.
00:02:01.160And you're not going to get it if you put *** in the cabinet.
00:02:04.980Ali, what can we expect from the meeting this morning?
00:02:11.620Look, we know that Trump is now going there with Elon Musk, who is going to huddle with House Republicans as they celebrate what they expect to be another term in the majority.
00:02:22.160And this really sets up a landscape, guys, that we've talked about before, one where Trump is coming into office with control of both chambers on the other side of Pennsylvania Avenue.
00:05:48.720They're going to have a secret vote later, I think, on leadership or a vote later on leadership.
00:05:54.100And then you're going to go to the Senate.
00:05:56.040The Senate is going to have their secret vote.
00:05:57.860We must make sure – we're having inroads, folks, but we have not seized the institution, 202-224-3121.
00:06:06.980I just want the audience to know your impact.
00:06:11.460Right now, it's being reported not by the War Room.
00:06:15.080We're repeating what other news sources are saying.
00:06:17.580It looks like Kash Patel may be the new director of the FBI and Tulsi Gabbard may be the new head of DNI, the director of national intelligence, which, as you know, all 17 intelligence agencies, including the Central Intelligence Agency, report up to that.
00:06:34.260Big fight today is this whole concept, this construct we have for the war and posse, the vanguard, the cadre of this movement is about seizing the institutions.
00:06:44.260It's vitally important to seize the institutions.
00:06:50.160Dr. Navarro, you gave a – Peter, you gave a master class last night, not just on Higby's, who is a fairly friendly audience over at Newsmax, Carl Higby, the great Navy SEAL over there.
00:08:55.260Joe Biden and the people who control him are going to try to do all sorts of lame duck things that are going to be not only harmful to the republic,
00:09:05.640but just in the face and contrary to the mandate that Donald Trump just received.
00:09:12.420So it would be nice for that discussion with Joe Biden, for Donald Trump to let Biden know in no uncertain terms that whatever he tries to do is going to be undone the nanosecond Trump arrives,
00:09:26.940and that it would be better for Joe to recognize what has happened here in terms of what needs to be done in this country and see if that can happen.
00:09:37.140I think the more important thing is going to happen up on the Hill.
00:09:40.980Donald Trump is going to, I hope, try to make sure that somebody not named John Thune and John Cornyn are majority leader of the Senate.
00:09:53.640And I'm already hearing – you know, the problem, Steve, is like I'm already hearing some people in Trump land want to do compromise.
00:10:01.100Well, let's get Cornyn because at least he's up for reelection and we can pressure him and this, that, and the other thing.
00:12:28.220But otherwise these people are going to lie and steal.
00:12:31.080I'm just going to beg to differ on one thing.
00:12:32.960You're going to stick with me for another segment for the audience.
00:12:37.900And look, we know we're putting you ahead of the curve.
00:12:40.060And I think you're seeing some of the announcements, the great Bill McGinley last night, one of our one of our regular contributors had been here from the beginning, folks.
00:12:49.420I talk about election integrity over the last four years, headed up the RNC and the campaign's great efforts named White House Council.
00:12:57.020White House Council, the three most important jobs in the West Wing are chief of staff, White House Council and director of OMB.
00:13:03.120Then you go down to Domestic Policy Council, National Security Council, NEC, which are the power of policy places.
00:13:10.540I do disagree with you, Dr. Navarro, which is I rarely disagree with you.
00:13:15.040The theory of the case here is the seizure of the institutions.
00:13:20.540So the president today will be both with the Senate, the House, and also be over at the White House.
00:13:26.580It's very important, I think, that President Trump lays out exactly what his transition is going to be and how in-depth it's going to be, because we must hit the deck plates running.
00:13:38.180In the Senate, I believe that Cornyn and Thune have already agreed with the recess appointments, even to be considered.
00:13:48.520If we do not get Rick Scott, and Rick Scott's a very imperfect instrument, ladies and gentlemen, as is Stephen K. Bannon, as is Dr. Peter Navarro, as is Tucker Carlson, as is Elon Musk, and as our own beloved leader, President Donald J. Trump.
00:15:01.800They now want to use the technology behind Bitcoin for their own Orwellian purposes, their gold to dominate our economy by forcing everyone to use central bank digital currencies, which they control.
00:15:14.800Imagine your every purchase being called into question.
00:15:17.920Your every move tracked like you live in a communist country.
00:15:21.800This is not the America we want, but it is the America they want to create.
00:16:06.560Go to birchgold.com slash Bannon and get your free info kit on gold IRA.
00:16:13.860A sign, a symbol, an image of a peaceful transfer of power, hence the Oval Office meeting in a couple hours.
00:16:20.420Well, this is, except for four years ago, this is what happens.
00:16:23.840And again, very, very few incoming presidents are liked by the incumbent president who is leaving, who thinks they did a better job.
00:16:35.360I spoke earlier this morning about Harry Truman being insulted by Ike, just sitting there and looking bored while he was giving him advice.
00:16:45.780And then, of course, JFK, him lecturing JFK.
00:16:55.440You know, I think you need this in this moment in a way.
00:16:58.620I know there's some folks who are going to be very frustrated by it.
00:17:01.820But I think it's one of those moments where you want to be, you know, you want to see you want to see the country come together, no matter what side of the aisle you're on in these circumstances.
00:17:12.260It's something I think most Americans wish to happen the first time around.
00:17:15.360So I don't think there's there's much more to say about it than that.
00:17:41.220Andrew Ross Sorkin, who's a super progressive on Wall Street, trying to trying to put the olive branch out to the Trump, the second Trump term, Peter.
00:17:49.620I'm sure you'll be on there one day talking about bringing jobs back with manufacturing.
00:18:50.780The mass deportations will take a long time.
00:18:53.440On the inflation issue, we've got to get control of federal spending.
00:18:59.400And then you've got, like, the woke issues of men out of women's sports and all that, getting some law and order going.
00:19:05.800But I get back to the significance of the day.
00:19:08.940Steve, you are so good at calling important days.
00:19:12.420And November 13th here today, 2024, who gets in as Senate majority leader and under what conditions and promises they make will have a tremendous impact on the next four years.
00:19:27.140And I've lived that experience inside the Trump administration, in the room, when we would tear our hair out time after time because Mitch McConnell wouldn't declare a recess and wouldn't move our appointees through the process.
00:19:43.820And unless we get somebody who will do that, we're going to have to compromise on the agenda.
00:19:54.780The Senate has kind of been – remember, back when it was formed, the state legislatures, they wanted the Senate to be like a House of Lords, the property classes that would be as a check on the House of Commons, which was the House.
00:20:12.480And they gave the House all the power.
00:20:14.360They gave the House the power to initiate.
00:20:15.820The only reason people agreed to the Constitution, the only reason they signed on, on the merger of equals, of unequal entities and being an M&A guy, I can tell you, it's so difficult and how they pulled it off.
00:20:28.500Remember, they pulled it off in 100 days.
00:20:30.700And they lied to people, misrepresented.
00:20:32.440They were just going to go update the Articles of Confederation because we were in an economic depression because you couldn't coordinate commerce.
00:20:41.780They would only agree to the Constitution if the House of Commons or the House of Representatives, all revenue generation comes out of there, right?
00:20:54.720They gave that power to the people, and they wanted those guys constantly in motion of being back to the people to be reelected.
00:21:01.460The House really became treaties, which they wanted two-thirds, so it was like the Roman Senate, right, and treaties, and really they were the human resource department, advice and consent to confirm senior-level positions in the executive branch.
00:21:19.940But even if they give – I want people to understand this, Peter, and I want to make sure you and I are in sync.
00:21:26.200With Thune and Cornyn saying, okay, we'll give you some – we'll give you a couple days of recess.
00:21:31.880They're going to fight it, but if they have to do that to get across.
00:21:35.460The ability of the Senate leader to jam up everything else is historic.
00:21:42.420If they want to slow down – if they want to slow down the process, particularly on things like tariffs, the centerpiece of President Trump's second term with all the capital markets that we have to do is the Peter Navarro, Bob Lighthizer, the economic nationalism centered around the concept of protectionism, right, to bring manufacturing jobs back and to get reciprocity, reciprocity in trade deals.
00:22:07.580The Senate could jam all that up, could they not, theoretically, Dr. Navarro?
00:22:13.540Look, I think it's important as Donald Trump's in Washington, I hope he has a total awareness of the following.
00:22:22.340The two things that slowed his agenda down significantly in his first term was the U.S. Senate controlled by Republicans
00:22:33.500and under Mitch McConnell's globalist, RINO, open border rule, and then people within his own administration inside the West Wing, people like Gary Cohn, people inside his cabinet, Tillerson, Mattis, and those clowns.
00:22:52.500And in order to get his agenda right and for his legacy, he can turn out literally to be the best president, not just in modern history as he's been, but in all of history.
00:23:08.960It's like the first part of the two-part problem he's going to face.
00:23:14.500He's got to get people in there who institutionally know how to move his trade agenda and his border agenda in his West Wing and in his cabinet.
00:23:24.680And he's got to get the Senate to allow those people into the government and also not stand in his way.
00:23:31.200And we have seen the Senate repeatedly get in the way.
00:23:35.680And they're going to, like, push for the traditional Republican things in terms of the queue.
00:23:40.860Remember, we got into tariffs late because Reince Priebus in the West Wing and then the Senate and the House, Paul Ryan, wanted to do the traditional Republican agenda, Steve, rather than the transformational Trump agenda.
00:26:34.680But the procedures there that we can slow her down and chop block her are the exact procedures they can use to chop block to chop block Trump's identity.
00:26:43.520Write this down today because there was not enough focus and we didn't have enough balls to say, no, McConnell's out.
00:31:03.720You got to start working on the tax cuts to reinstate the tax cuts because they all come off, I think, in February.
00:31:10.060That firestorm, it's a firestorm coupled with the deportations.
00:31:15.280And Peter, this is why it's so important to have McGinley in his White House counsel because you've got it.
00:31:20.680You've got to get the right AG because the Office of Legal Counsel and the Attorney General have to sign off on the deportation plan of Tom Holman and Stephen Miller.
00:31:43.100The travel ban, as President Trump said, and Stephen Miller and I worked on it, it was going to be upheld by the Supreme Court because we had an Office of Legal Counsel opinion.
00:31:52.940People should understand in the structure of the Justice Department.
00:31:56.380And Navarro will tell you, Navarro's a Ph.D. in economics from Harvard University.
00:32:23.500Everything crosses their deaths, not just the investigations and the criminal and the civil.
00:32:27.740Everything the Pentagon does, everything the DHS does, everything the State Department does, everything Peter Navarro does on trade, on getting jobs to shipyards,
00:32:38.160on everything he did in Philadelphia shipyard, up in Green Bay, everything you did on all the trade deals.
00:32:42.320Your brilliant idea about Mexico, right?
00:32:46.120About using the tariffs as actual leverage.
00:32:49.440All of it goes through the Justice Department.
00:32:54.140That's why the pick of the Justice Department is so important.
00:32:57.080But institutionally, Peter, regardless of where you end up, you're one of the architects of President Trump's economic plan.
00:33:07.380He's got a very precise plan he's looking at to bring peace and prosperity to the world and high-value-added manufacturing jobs back to the United States of America so people can have one salary and support a family of four.
00:33:20.440To do that, the House and the Senate have got to be with the program.
00:33:24.780And with a very small minority in the House and a very small majority in the Senate, both in the House and the Senate, it's going to be incumbent that everybody's on the same page, particularly as we go through the firestorm.
00:33:47.940Epoch Times has reported, the great reports over there, there's going to be $1.4 trillion right now of new financing that if it's Scott Besson, whoever's the secretary of treasurer, are going to have to sell those out into the market, and we're going to add that to the national debt.
00:34:06.040So, Peter, on top of that, you know, look, Johnson's just not with our program.
00:34:11.520We just have to be – he may tell President Trump that.
00:34:13.920He may go down to Mar-a-Lago and say that.
00:34:15.660But when they're behind closed doors, he's not with the program, and Cornyn's not with the program, and Thune's not in the program.
00:34:21.580So the reality is we just had a sweeping election on the policies of Donald Trump, and it was Trump they were voting for.
00:34:28.760Why are they Trump they're voting for?
00:34:41.200Well, first of all, one of the big appointments you're going to see now, Steve, is not just AG, but the Office of Legal Counsel, because that's the portion in the DOJ bureaucracy where they sign off on every executive order that goes through DOJ on what they call form and legality.
00:35:04.820And Brett Kavanaugh, by the way, got his start in that office.
00:35:12.100So I'll be looking very closely at that.
00:35:14.380I just want to say briefly about McGinley before I want to talk about the economics.
00:35:18.960Bill McGinley is one of the original warriors.
00:35:21.620He got his butt kicked repeatedly when he was the head of cabinet affairs in the first Trump White House by the likes of John Kelly and Mick Mulvaney and all of these jerks who didn't understand the brilliance and toughness of McGinley.
00:35:39.140And like a soldier that he is, he fought on.
00:35:42.100And when he was on the war room repeatedly fighting this fight with us, Steve, and I could have been happier for Bill McGinley to get that post.
00:35:54.040Now, here's what I'm worried about, Steve.
00:35:56.500If you if you're a student of history like you are and I am, if you remember what happened to Ronald Reagan after the stagflation of the 1970s, the first 18 months were hell on earth.
00:36:09.900I mean, it was just it was like this is the grand failure.
00:36:17.700My concern here, if we don't take the appropriate actions fiscally and if we don't quickly drill baby drill and if we don't quickly handle the border issues, we're going to run into that same fiscal cliff over the over.
00:36:32.380We go over it and we run into really tough economic times and tough times in the financial markets.
00:36:39.980And then they'll go point start pointing to Trump and say he's a failure.
00:36:46.820And the point is, Steve, that he can't prevent that from happening unless he gets his people in to do what he needs to do in a timely way.
00:36:57.560And that's, again, why we need OK, but hang on, but hang on, but hang on, but hang on, but hang on, hang on, hang on, will recognize the problem.
00:37:29.240And Jay Sherman's reporting, hey, that he, Jay Sherman, wish he talked about debt, wish he had talked about spending cuts and wish he talked about all that.
00:37:37.020Maybe it's not the right format, but President Trump did not mention anything about it.
00:37:40.580Maybe I would advise him to say, hey, maybe you've got to talk about, hey, we've got to get our act together here.
00:37:45.520He also gave a ringing endorsement of Johnson.
00:38:21.040If he had supported President Trump, hey, if he had supported President Trump, dude, you should have supported him early on with some policies and some investigations and maybe defunding defunding the invasion of the border and defunding the investigations into Trump and defunding Jack Smith.
00:38:38.140By the way, Jack Smith just announced he's resigning before Trump gets back.
00:38:42.480Jack, look, bro, you can you can you make sure when you resign and you and the wife book flights.
00:38:49.520Make sure, brother, when you book your flight to take your vacation, it's it's to a country that doesn't have an extradition treaty with the United States of America, bro.
00:38:58.660Just just take don't shred that's that's free.
00:39:02.860Don't. Yeah, we already gave you the preserve of the diamond.
00:39:05.380So, look, Jack Smith, hey, Mike Johnson had every president Trump.
00:40:21.980And they could have all that stuff they gave away, Steve.
00:40:25.960They could have attached riders to it so we could have secured the border and handled that situation.
00:40:32.120They could have disbanded the J-6 committee in a way which said it was improperly constituted and unduly authorized and thereby helped the president in his court cases and you and I and ours and all the other people in the Trump world from Rudy or Eastman or Clark.
00:41:27.120However, the House had full authorization to go after these guys to take the J-6 report, have a vote, and throw it away, not just because Congress ran out and expired, to actually take positive action.
00:41:41.760If they had done that, there wouldn't have been the basis for Jack Smith to go and use that document to go after President Trump.
00:41:48.580The document couldn't have been used in Colorado to try to get him off the ballot.
00:42:58.500Get this book and share it with a friend because it goes the full gamut from economy to the social issues, foreign policy and everything in between.
00:44:53.100To implement the president's agenda, which is America's agenda, is not – they're just not going to sit there and go, oh, this is tremendous.
00:46:58.960Oftentimes, they haven't been educated properly, so they don't know a lot of the basics of even the U.S. government because they haven't been taught to them.
00:47:05.960They certainly don't know about modern capital markets or macroeconomics, although their lived experience, they're very smart when you start talking about it.
00:47:23.700But they were all virtually to a person except for a handful, anti-Kamala Harris and, quite frankly, anti-Democratic Party because they said the Democratic Party doesn't respond to us in these big cities.
00:47:36.560It's one of the reasons now I do – and Vanity Fair did a cover story on us, Vanity's War Room, and went through kind of what we teach here in the War Room and talked about you, the audience, as it talked about other groups and conferences, et cetera.
00:47:52.540But it was a – the writer did a very good job.
00:47:55.080I recommend strongly you go and buy the November issue of Vanity Fair and keep it and read it.
00:48:01.140One of the things they talked about was the – we talk with Birch all the time about the end of the dollar empire and we do all those installments.
00:48:15.300I do think it has to be a discussion and a public debate that we will lead over the years about do we want to be the prime reserve currency because with the prime reserve currency comes a lot of obligations.
00:48:28.580One would almost say empire-type obligations.
00:48:31.860That should be a public debate, which we don't have now.
00:48:39.480But in the system – in the global economic and financial system we have, if you destroy the dollar, the first people that get crushed or the people that get crushed the most are the working class and middle class and the good old United States of America.
00:48:53.580That's what we support, the strong dollar.
00:48:56.140We support the dollar and dollar being strong.
00:48:58.480This is why I tell people to go to Birch Gold and they're a big sponsor of the show.
00:49:14.380I will tell you we're going to head into a firestorm.
00:49:17.540I can tell you this because the world is over leveraged.
00:49:20.760And when I see the Chinese Communist Party stroking – who are – although they're communists, they're very tight with the dollar.
00:49:28.600When they stroke over a trillion dollar check to infuse it into their regional financial institutions, banks and governments because guess what?
00:49:35.460They've got a real estate problem that is a ticking time bomb on their country.
00:50:17.300Hey, I'm the first one to say, yo, I'll take any advice here.
00:50:22.140And as Trump just said about Elon to the House, hey, the brother wrote a $150 million check.
00:50:28.920And for this audience who are the hoplites of the ground game, if it hadn't been for that $150 million and marrying Ameson money, that's just reality.