Bannon's War Room - Episode 4080： The Moment Of Great Optimism

00:00:00.000 And we have seen some extreme, you know, right wing picks and other very conventional ones.

00:00:05.100 His choice for treasurer secretary, you point out the inconsistency with the debt, perhaps,

00:00:10.000 but most felt like, well, that's a conventional pick.

00:00:12.480 Make no mistake.

00:00:14.800 Every banker, every person on Wall Street that we talked to over the past couple of weeks

00:00:20.020 said this guy will calm the market.

00:00:23.400 So, yeah.

00:00:23.860 So, yeah.

00:00:24.400 No, I said what I said only because I'm obsessed with deficits and the debt.

00:00:28.140 And that was a huge decision to make, which I know you'll want to talk about, about, you know,

00:00:33.200 tax cuts and what, what, how you pay for those tax cuts, because we learned time and again,

00:00:38.600 they don't pay for themselves.

00:00:39.900 But no, the treasury secretary, Wall Street, banks, the markets, they're all very happy.

00:00:46.100 Yeah.

00:00:46.280 And we'll sail through.

00:00:47.280 There's no expectation of any concern there whatsoever.

00:00:49.600 And a number of his picks Friday night were in a bliss.

00:00:53.300 We had like a couple dozen came out in a few hours on Friday.

00:00:56.480 Some of the health choices raised a few eyebrows, but for the most part,

00:00:59.860 conventional picks that were met with some acclaim on both sides of the aisle.

00:01:03.040 I think President Trump deserves the ability with the mandate that he got for the American

00:01:07.400 people to put people in positions who are going to do reform.

00:01:10.580 There's some, some things we can do in Congress, oversight and legislation,

00:01:13.920 but you really need reformers at the head of these different agencies. 0.75

00:01:18.160 And I think you're seeing that as a common theme.

00:01:20.240 I'm sure we'll talk about more of them, but

00:01:21.780 there really is a lot of reform that needs to happen in the administrative state.

00:01:25.720 And he's talked about it a lot on the campaign trail.

00:01:28.240 And like I said, he's delivering on that.

00:01:29.820 56, it's all happening as treasury yields have come down.

00:01:33.080 That does it for us today.

00:01:34.720 Make sure you join us right back here tomorrow.

00:01:36.720 Right now it's time for Squawk on the Street.

00:01:45.240 Good Monday morning.

00:01:46.180 Welcome to Squawk on the Street.

00:01:47.120 I'm Carl Cantoneo with Jim Cramer, David Faber at Post 9 of the New York Stock Exchange.

00:01:50.420 Some calling it not the Trump rally, but the Besson rally.

00:01:53.460 Stocks up, yields down on news of Scott Besson being Trump's pick for Treasury.

00:01:58.180 Ten-year yield, about a two-week low.

00:02:00.160 The curve briefly inverts on this holiday-shortened week.

00:02:04.180 Our roadmap begins with rally mode.

00:02:05.700 Wall Street is coming off a winning week as the post-election rally does pick up steam once again.

00:02:09.980 Plus, back to Trump's Treasury pick.

00:02:11.920 He is hedge fund manager Scott Besson.

00:02:13.740 What that choice could mean for global markets.

00:02:16.020 This is the primal scream of a dying regime.

00:02:23.980 Pray for our enemies.

00:02:25.940 Because we're going medieval on these people.

00:02:29.200 I got a free shot at all these networks lying about the people.

00:02:33.480 The people have had a belly full of it.

00:02:35.440 I know you don't like hearing that.

00:02:36.860 I know you try to do everything in the world to stop that, but you're not going to stop it.

00:02:39.500 It's going to happen.

00:02:40.780 And where do people like that go to share the big line?

00:02:44.180 Mega media.

00:02:45.100 I wish in my soul, I wish that any of these people had a conscience.

00:02:50.980 Ask yourself, what is my task and what is my purpose?

00:02:54.700 If that answer is to save my country, this country will be saved.

00:03:01.120 War Room.

00:03:01.920 Here's your host, Stephen K. Bannon.

00:03:04.320 It's Monday, 25 November in the year of our Lord, 2024.

00:03:15.820 The best in bounce.

00:03:18.740 And we told you for, I don't know, the past year that this would happen.

00:03:22.340 A safe pair of hands, steady pair of hands.

00:03:23.920 But a crisis, nonetheless, you hear morning Joe yammer about this.

00:03:29.380 All of a sudden, it's so important in them.

00:03:31.340 Debt and deficit is so important in them after Biden added, I don't know, $10 trillion of debt.

00:03:37.520 Did you ever hear him say one people about that the entire time?

00:03:40.860 No, you did not.

00:03:41.780 But it's only now.

00:03:44.920 Let's get to the signal and avoid the noise.

00:03:48.340 A lot of noise kicked up over the weekend on President Trump and the direction.

00:03:52.820 There are three.

00:03:53.400 We, you know, we have the resistance and you have this, between the administrative state, outside groups, NGOs, billionaires, they're trying to regroup their media.

00:04:07.900 But two weeks into this, three weeks into this, they're shattered to a degree.

00:04:13.220 Don't get me wrong.

00:04:15.460 They're going to regroup and be a major piece.

00:04:18.800 But what the most important thing that's happening for President Trump's transition in the start of a second term, and this is my point that my mantra of seize the institutions, is there's three lines of work right now.

00:04:33.600 And where the Biden regime, the illegitimate Biden regime, I might add, is working against the country's interests and working against President Trump's interests.

00:04:45.340 First, let's break it down to the three broad lines of work of the fiasco and disaster of the Biden regime, the invasion of the southern border that left, I don't know, 10, 11, 15 million illegal alien invaders.

00:04:59.780 And I've said over and over again, we do not demonize those folks that came across.

00:05:06.100 They were invited here by your government, your illegitimate regime that stole the 2020 election.

00:05:11.620 Invited him here, thought it permanently would create not just a voting bloc, but to drive down wages and add to the economy that they couldn't do themselves.

00:05:20.860 So it's the invasion.

00:05:22.300 Todd Benzman is going to be on here because we're going to show you exactly what this illegitimate regime of Biden and the administrative deep state are doing right now to make it even a bigger problem.

00:05:34.980 Like it's not big enough, even a bigger problem than what we have.

00:05:38.940 The second is the wars, World War Three.

00:05:43.920 As you know, we've been the proponent that we're in the early stages of World War Three.

00:05:48.960 Karen Sigmund and the team over at AFA, her alliance, have had conferences.

00:05:54.800 I've spoke at these conferences.

00:05:56.380 We've had, I don't know, five or six conferences over the last year and a half talking about the early years of the Third World War.

00:06:02.960 Well, the Biden regime with NATO is doing as much as they possibly can to throw gasoline onto the fire over in Ukraine.

00:06:14.040 Zero Hedge has a tremendous story, aggregates a lot that's going on, including not just the NATO allies saying they want to put troops up there,

00:06:23.240 but Biden stockpiling weapons, Biden giving authority, giving authority for the Ukrainians to fire American long range missiles into Russia.

00:06:34.660 I believe there's technicians.

00:06:36.400 Nobody's asked these questions.

00:06:37.620 There's American technicians over there.

00:06:39.860 The British have just fired the British weapons.

00:06:41.740 I believe there's British technicians over there, fire control experts.

00:06:44.600 But even more shocking and kind of breathtaking is this revelation by the New York Times that American officials with European officials have had,

00:06:58.940 this is the New York Times, baby, have had discussions about deploying nuclear weapons, tactical nuclear weapons into Ukraine.

00:07:09.400 Nothing could trigger a broader shooting war than to try to do it.

00:07:14.860 That is pure, total insanity.

00:07:17.400 And I'll read you in a little while directly from the New York Times what the statement is.

00:07:21.700 So in the war, they're doing everything to exacerbate this, right?

00:07:25.860 And then you've got the Middle East.

00:07:27.640 You've got the Middle East war around Israel.

00:07:29.640 The International Criminal Court has named Bibi and I think his war minister, international war criminals, Hungary, Viktor Orban, said, hey, they're welcome here. 0.95

00:07:40.140 But if they go anywhere else, they'll be arrested inside of Europe.

00:07:43.700 So certainly the Persians, it looks like they're trying to gear up, right, exacerbated by the Biden regime.

00:07:52.380 In Ukraine, definitely incredibly scary.

00:07:55.540 The Chinese Communist Party has put out four red lines that Biden's just kind of rolled over to, four red lines, including Taiwan, that Taiwan's a province, America can't defend it, and particularly that America can't be supporting any democracy movement whatsoever.

00:08:12.280 And just to put a cherry on top of that, they sent to prison 45 pro-democracy protesters in Hong Kong the other day.

00:08:21.960 The last but not least is the debt and the deficit in this firestorm that's coming.

00:08:26.220 We still don't know, and it's still hard to kind of deconstruct exactly what Janet Yellen and the Federal Reserve have done this.

00:08:34.660 Remember, it was about a year ago, this time, that you had this extraordinary kind of merger of the Fed and the Treasury on essentially turning the financing of our massive debt kind of how Argentina used to do it.

00:08:51.240 How developing nations and third world countries used to do it, and they would just, because they had to, just do short-term financing of 90-day bills, six months, 30 days, just to kind of kick the can down the road.

00:09:04.500 With the Federal Reserve at the time, cutting rates and adding more liquidity to the market, I think the QTs kind of have had stopped. 0.98

00:09:14.440 Now we're in a situation, we've got, we just passed $36 trillion.

00:09:18.280 What did I tell you?

00:09:19.520 The $35 trillion.

00:09:21.520 You passed $35 trillion when I was in Danbury Prison in July, I think the middle of July.

00:09:26.820 Well, what, we're 100 days out, right?

00:09:29.640 Guess what?

00:09:30.280 Added another trillion dollars.

00:09:32.200 And now all of a sudden, the left's sitting there going, oh, this is just, this is the worst thing in the world.

00:09:35.720 How do you do this?

00:09:37.540 Besant is a calming factor to the markets.

00:09:41.600 Listen, he is a MAGA guy, and he's got a MAGA growth scenario.

00:09:45.920 The last chance that we have preached on here, the last chance you're going to have to try to, I didn't say we're going to do it, to try to, well, you can definitely, I think, stop the bleeding and try to grow your way out of here.

00:09:57.000 To have a growth strategy, of economic growth, and kind of going back to the animal spirits, a combination of smart tax cuts, can't cut everything.

00:10:06.840 Remember, we're pretty opposed, in fact, I would say we're very opposed to any tax cuts to the wealthy or to the billionaires, kind of the guy, the donor class that got us into this jam with their political puppets.

00:10:18.580 But with the smart tax cuts for working class and middle class people, particularly we're huge advocates of no tax on tips, no tax on overtime, no tax on Social Security, and corporate taxes and the tax on the wealthy, you're going to have to figure out how to fill the gap, right?

00:10:37.040 But the problems are even deeper than that.

00:10:40.280 The problems now are this massive, massive debt that's been left to us by Yellen, by the Biden regime, and now all of a sudden, Mourning Joe, you know, Mourning Joe's a hawk.

00:10:50.060 He's a deficit-dead hawk.

00:10:51.340 They're all hawks now.

00:10:53.160 Well, how come we weren't hawks when we piled all this debt on and all this spending that we have no earthy idea if the spending's going to have any impact or not?

00:11:01.920 Go back, particularly folks who have been on this show, been watching this show for a couple of years.

00:11:06.860 Remember, in January and February of 2020, 2020, when the pandemic first started, we were an advocate of what President Trump did.

00:11:16.220 You had to step into the breach, had to step into the breach because you had a massive implosion of what's called, in Keynesian economic theory, aggregate demand.

00:11:26.180 Because people were locked in.

00:11:27.520 When people were, you know, when the COVID first hit and nobody really kind of fully understood what it was, you know, the bioweapon from the Chinese Communist Party, right? 0.99

00:11:35.240 Maybe with a little help from Barrack down at the University of North Carolina and Fauci, with an assist from Fauci and Barrack and others funded by U.S. taxpayers, but weaponized and then let out by the Chinese Communist Party out of Wuhan. 0.91

00:11:50.820 Oh, yeah.

00:11:51.360 Oh, yeah.

00:11:51.680 That's exactly what happened.

00:11:53.460 And major parts of the intelligence community and the FBI and others know that.

00:11:58.920 And that all that all come out in the fullness of time starting after January 20, the 20th, January 2025.

00:12:06.280 There was a there was a need at the time because of imperfect information in the fog of war about you needed an infusion.

00:12:15.800 And President Trump gave that to kind of bridge, as we said, that bridge to for aggregate demand was going to get us from one side of the pandemic to the other with the economy still hitting on trying to hit all cylinders as Trump had it in 18 and 19.

00:12:29.500 OK, that's not what Biden did.

00:12:32.980 And now we're left with a massive fiscal and financial and economic crisis.

00:12:38.640 So let's go back.

00:12:40.320 And we've said the CR is on the run out of money on the 20th of December, based on Christmas Eve, essentially less than a month for now.

00:12:51.640 I think what they'll do is kick that over.

00:12:54.480 And we're not, as you know, we fight all these CRs.

00:12:58.040 But in this regard, it actually kicks it in to let President Trump and his team cut their cut their first budget.

00:13:05.460 At the same time, I think it's January 3rd that we hit the debt ceiling.

00:13:11.320 Now, Scott Besson and Russ Vogt, the one to the touchdown twins of this economic program, I'm sure will come up with some way to waterfall the cash flow that we can kick it down a couple of months.

00:13:24.980 But the debt ceiling deal expires, essentially expires on 2 January, 3 January.

00:13:30.540 And then you have the revision of the of the reversal of the tax cuts.

00:13:38.280 All three of those hit.

00:13:40.000 And we've said for months and months and months, that's going to be an economic firestorm.

00:13:44.780 Gave a speech in Pinehurst a year ago talking about the convergence of that financial crisis coupled with the mass deportations.

00:13:54.980 OK, Roger Kimball's going to join us.

00:13:58.280 He's got a great piece up, I think, in American Greatness.

00:14:00.940 We've got Chris Buskirk's American Greatness.

00:14:04.140 We've got Todd Benzman with Breaking News on the Border.

00:14:08.180 We're going to break down all of this and what President Trump and the transition team, what they are doing as a workaround.

00:14:16.100 Remember, there's one central item of this transition.

00:14:20.660 There's been no signed deal to actually formally engage with the Biden regime in a transition.

00:14:27.840 There's pretty good reasons for that.

00:14:29.260 President Trump, you know, was not born yesterday and he's not going to allow the deep state and administrative state to do to him in 2024 and 2025 what they did to him in 16 and 17.

00:14:41.900 Short commercial break.

00:14:43.620 You're in the war room.

00:14:44.880 Be back in just a moment.

00:15:00.020 Big victory on 5 November.

00:15:02.500 Now the work can finally start on the big issues facing the country.

00:15:06.100 One of the biggest is the national debt and the deficits that drive it.

00:15:11.040 Hey, you think the country's broke?

00:15:12.680 The country is broke.

00:15:13.700 We're just printing money to keep this house of cards going.

00:15:18.300 The strategy remains the same for you.

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00:16:19.900 Take a look here.

00:16:21.380 President Trump's transition net approval.

00:16:23.560 You go back to November of 2016.

00:16:25.260 Look at this.

00:16:26.040 It was just a plus one point.

00:16:27.660 Just a plus one point.

00:16:28.800 That was well, well, well below the historical norm.

00:16:32.080 Look at where we are today.

00:16:33.760 Significantly higher.

00:16:35.020 Plus 18 points.

00:16:36.160 That's 17 points higher on the presidential transition net approval rating.

00:16:40.380 The bottom line is this.

00:16:41.980 If eight years ago, Americans were lukewarm on Donald Trump, at this particular point, they're giving him much more of the benefit of the doubt.

00:16:48.600 A lot more Americans are in love with this transition.

00:16:50.840 This much more meets the historical norms where normally presidents get that boost coming out of their victory.

00:16:56.680 And what we're seeing here is Donald Trump's presidential transition is getting a thumbs up and, dare I say, two thumbs up from the American people.

00:17:04.620 And, you know, we're still on the appointment phase at this point.

00:17:07.040 But it does give insight to sort of where this team is thinking to lead some of these key departments, of course.

00:17:12.780 I mean, but how do people feel about the prospects of his presidency given the context of some of these big things?

00:17:18.200 Yeah, it's not just that they like what Donald Trump is doing right now.

00:17:21.820 They're optimistic for the future.

00:17:23.540 So, again, let's compare ourselves now versus where we were eight years ago.

00:17:27.420 And what you see eight years ago, 53 percent of Americans were scared or concerned, the majority, towards the upcoming Trump term.

00:17:34.680 Look at where we are now.

00:17:35.840 The shoe is on the other foot.

00:17:37.420 53 percent of Americans are excited or optimistic.

00:17:40.260 It's flip-flop.

00:17:41.560 Where a majority, a narrow majority, eight years ago, were scared or concerned about the upcoming Trump term.

00:17:46.800 Now what we see is that the majority is excited or optimistic about the Trump term.

00:17:51.420 So what we're just seeing is very different numbers from where we were eight years ago.

00:17:55.300 Eight years ago, folks, really were not that in love with the Trump transition.

00:17:59.020 Now they are.

00:17:59.900 And more than that, looking forward to the upcoming Trump term.

00:18:02.700 Eight years ago, the majority were scared or concerned.

00:18:05.580 Now the majority are excited or optimistic.

00:18:08.500 And, look, I mean, the reality is for these cabinet picks, they've got to get confirmed by the Senate here.

00:18:13.960 And so I think, rightfully so, a lot of concern has gone into, okay, where will Republicans fall in supporting these picks since they are the majority?

00:18:22.920 But Democrats were also very opposed to Trump's picks and his presidency overall in 2017 coming in.

00:18:30.420 Where are they now?

00:18:32.280 I think one word to describe Democrats now is just they're exhausted.

00:18:36.060 They're tired.

00:18:37.320 You know, it's very hard being in the opposition.

00:18:38.900 Donald Trump wears out his opponents, and I think they've done that here, so Democrats, Trump's win motivates me in what way to do things.

00:18:46.780 Just 44 percent say to oppose Donald Trump.

00:18:49.440 The majority, the 56 percent, either 46 percent, it doesn't motivate me at all, which I think is really the exhaustion pick, right?

00:18:56.400 This is the plurality.

00:18:57.540 Or 10 percent say it actually motivates them to support Donald Trump.

00:19:00.680 Together, these numbers get 56 percent, far higher than the 44 percent who say oppose Donald Trump.

00:19:06.240 The bottom line is this.

00:19:07.860 Republicans very motivated by Donald Trump's win, and compared to eight years ago, Democrats just really, really tired.

00:19:15.520 They have just given up.

00:19:16.520 We'll see what happens, right?

00:19:17.960 Trump gets sworn in.

00:19:19.000 Yeah, this is November 2024.

00:19:19.800 I think a lot of people are exhausted, you know, after the election.

00:19:22.460 I think a lot of people are exhausted, but this is really a very different picture from eight years ago.

00:19:26.860 The American folks are much more behind Donald Trump than they were back in November of 2016.

00:19:30.720 And Democrats who are so rich in their opposition to Donald Trump eight years ago, at this particular point, they're just like, eh, I'm going to take a step back.

00:19:40.860 That's Harry Enten.

00:19:41.780 I told you, Harry Enten, I think, is, given the corporate media and the mainstream media, he's about as straight a guy as you can get in giving you facts.

00:19:48.840 Kornacki is not bad either.

00:19:50.300 I mean, come on, for the places they work, they're not too shabby.

00:19:53.320 Harry Enten right there, laying it out.

00:19:56.080 And War Room Posse, Cadre, this is when you double and triple down.

00:20:02.380 You then drive, drive, drive.

00:20:04.180 They're exhausted.

00:20:04.840 They're broken.

00:20:05.780 Unlike us and you, who are such heroes, and President Trump, in January 2021, and I understand, you've got to look in your own soul.

00:20:18.020 Three quarters of people threw in the towel, but 25 percent, a third of MAGA said, no, we're going to double down.

00:20:24.980 That is the hinge of history.

00:20:27.340 It's exactly those moments when great change can happen.

00:20:32.780 Right now, and hey, don't take a victory lap, but at least temporarily we've shattered them.

00:20:38.820 They're going to regroup, but that's why now's the time to drive it, drive it, drive it.

00:20:44.020 We'll never get this opportunity again.

00:20:47.340 This is why it ought to be all gas, no brake.

00:20:51.020 And what the Republican, you know, rearguard opposition of McConnell's doing is trying to put these brakes on.

00:20:56.940 Oh, we need some more conventional choices.

00:20:58.820 No.

00:20:59.760 You need full on, you have a unique opportunity to take on the administrative state and to break it apart.

00:21:04.780 This radical fourth branch of government that was never envisioned by the revolutionary generation or the founders and framers of the Constitution and really the people that laid the, you know, 200 and what, 35, 40 years ago, laid the foundation for this great nation.

00:21:21.200 We've got a lot to get to.

00:21:22.560 Benzman's going to join.

00:21:23.360 We're going to move Benzman up because it's so important.

00:21:26.320 Remember, three lines of work are what they're trying to do.

00:21:28.240 They're trying to still exacerbate and leave more chaotic the southern border situation, try to get as many people in here and try to make it as difficult as possible to do the mass deportations.

00:21:38.740 Second, on the war, beyond, out of control and dangerous, talking about New York Times reporting, not Breitbart, not Gateway Pundit, not Revolver, not those groups, not Citizen Free Press, not the folks on our side of the football.

00:21:54.840 But the revered paper of record, the New York Times reporting that American and European officials have had discussions with officials in Ukraine about the deployment of nuclear weapons, tactical nuclear weapons inside of Ukraine.

00:22:12.480 And also stockpiling American conventional weapons to kind of hamstring Trump's ability to negotiate a peace that he would think would be a smart peace deal.

00:22:24.540 And last but not least, the debt, the financial crisis, all of that, that is above Scott Besson, very well received by global markets, as we said over and over and over again.

00:22:36.540 It's not that it's not going to be really choppy going forward.

00:22:39.940 It is, but at least initially, they reviewed Besson as a guy that understands global capital markets, as you know, since his very first media hit was on this show back in, or serious media hit was on this show back in January or February of this year, when he got to introduce himself to MAGA.

00:23:00.080 Birchgold.com slash Bannon. Make sure you go check it out now.

00:23:03.060 End of the Dollar Empire. Eight free installments.

00:23:05.640 And Rachel Maddow and your producers, no, we're not trying to destroy the dollar.

00:23:09.860 We're trying to save it.

00:23:11.980 There's a lot of debate and discussions about whether we want it to be the prime reserve currency.

00:23:16.140 That should be part of a national debate.

00:23:17.920 I think we're going to have that in the next couple of years.

00:23:20.660 But it's about what the elites have done with a fiat currency to kind of destroy the purchasing power of the dollar.

00:23:27.920 And that's one of the reasons in back of the rise of gold, right?

00:23:32.100 But Philip Patrick and the team can give you the details of that.

00:23:35.040 We kind of give you the macro, particularly the BRICS nation is trying to come up with an alternative.

00:23:40.340 Birchgold.com slash Bannon. Go check it out today. All free.

00:23:44.240 Roger Kimball. Amazing piece, Roger.

00:23:47.200 Roger is, I think, I would say, the leading public intellectual of the MAGA movement.

00:23:54.620 Roger, head of Encounter Books, a true Renaissance man.

00:23:59.440 Talk to me about the administrative state, this piece.

00:24:02.160 Why did you write it now, sir?

00:24:05.040 Well, it seems that this is the moment.

00:24:09.260 This is a moment of great optimism, as you said.

00:24:14.060 We have an historic opportunity now to deal with some of the problems which have been bequeathed,

00:24:20.080 not only by Joe Biden and not only by Barack Obama,

00:24:23.920 but by a long history of efforts to take over the government, to displace the prerogatives of Congress,

00:24:35.300 the branch of our government that is entrusted with the legislative power of government.

00:24:42.240 But slowly at first and then more and more rapidly, what people like you and me have called the administrative state has taken over.

00:24:53.980 And we are ruled now not by our elected officials.

00:24:57.860 This is precisely the kind of despotism that Alexis de Tocqueville looked forward to in Democracy in America when he warned about democratic despotism.

00:25:23.660 He said in a democracy, in a modern democracy, what you would see is despotism installing itself, as it were, by stealth.

00:25:34.660 And it would do this by promulgating an ever more complex network of rules and regulations that would reach into the interstices of everyday life

00:25:48.400 and stymie initiative and transform the public into, from citizens, from free citizens into a herd of sheep

00:25:59.720 over which the government would preside as a more or as it sometimes is less benevolent shepherd.

00:26:10.400 Roger, hang over a second.

00:26:13.880 So we got a couple of minutes here and I'm holding you through the break.

00:26:16.340 Look, you have bureaucrats because you have a big bureaucracy.

00:26:20.800 But the hit on us is that this is all a conspiracy theory.

00:26:26.620 There's no administrative state.

00:26:28.080 There's no deep state.

00:26:29.180 This is a bunch of this is a bunch of this is from the fever swamps of the hard right that that energizes and innervates the Trump base.

00:26:37.120 But there is no administrative state and there is no deep state.

00:26:40.560 Your response, sir.

00:26:41.620 That's patent nonsense to take a trip to your local DMV, have an interaction with the with the IRS.

00:26:54.520 Try to start a business when Elon Musk told us that he had to provide a statement about how his rockets were going to affect the sharks in the water where the rockets were going to come down.

00:27:14.900 And that is a perfect illustration of the administrative state in action.

00:27:22.140 We try to try to build a house where I live.

00:27:27.520 We were affected by Hurricane Sandy several years ago.

00:27:30.480 And the nightmare of dealing with FEMA, with the local building authority, made the reality of the administrative state all too patent to me.

00:27:43.660 And by the way, people talk about.

00:27:46.100 Hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, hey, roger, roger, hang on one second.

00:27:49.720 I want to get to more of this.

00:27:50.740 The conspiracy theory part of it all.

00:27:52.240 Roger Kimball from Encounter Books and American Greatness on the Trump's unique opportunity to take on and dismantle the administrative and deep state.

00:28:01.560 Todd Benzman about the exacerbation of the invasion of our country on the southern border by the illegitimate Biden regime.

00:28:08.740 And we will discuss the deployment of tactical nuclear weapons into Ukraine, as reported in the paper of record of our beloved republic, The New York Times.

00:28:17.540 All next.

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00:30:32.440 So, look, Roger, what you named is interesting, but that's just bureaucrats.

00:30:37.240 That's just, you know, you've got to get a lot, and I'm sorry that, I'm sorry to build your, hang on, I'm sorry to build your new mansion down on the beach in Jersey or wherever.

00:30:47.300 You've got to get a couple of permits, or, Roger, they make you to get another, you know, photo, but hang on.

00:30:53.240 So, and this is the point.

00:30:54.880 They point a finger to the Roger Kimball's of the world and the Steve Bannon's world and said, you guys went to all these highfalutin schools.

00:31:01.860 You're all Ivy League guys.

00:31:03.420 You know that there's no administrative state, but you're feeding the hard right of the Trump movement with all these fantasies that there's some administrative state,

00:31:14.240 and then there's a rogue element, the deep state, which is the intelligence, military, and law enforcement aspect of it.

00:31:19.880 So, once again, I'm going to ask you, why do you say in your piece that this is a unique moment in time for President Trump and the people around him to actually deconstruct the administrative state and take down the deep state, sir?

00:31:33.580 Right.

00:31:34.060 Okay, so you've asked two questions here.

00:31:35.940 Why is this a unique moment?

00:31:37.520 I'll get to that in just a second.

00:31:39.660 But the first question is, isn't this just bureaucracy?

00:31:44.200 Isn't this just government?

00:31:45.540 Aren't we just witnessing the operation of a standard, huge administration?

00:31:55.260 It's a complicated country, after all.

00:31:57.060 And my answer is no, for two reasons.

00:32:00.440 One, people like to use the phrase conspiracy theory as if that somehow negates the legitimacy of what's being described.

00:32:11.360 But some conspiracy theories are correct.

00:32:14.420 So, when Calpurnia told Julius Caesar that there were conspiracy theories about his being assassinated in 44 B.C. and the Ides of March, he scoffed at it.

00:32:27.500 But it turns out that was a true conspiracy theory.

00:32:30.440 But that's one point, that do not let people delegitimate what you're saying by the epithet conspiracy theory, because sometimes conspiracies are real.

00:32:42.740 The second point is this.

00:32:44.960 What we have seen is, is the administrative state real?

00:32:48.800 Yes.

00:32:49.280 Is the deep state real?

00:32:50.960 Yes.

00:32:51.520 For the same reason that the Stalinist and the Leninist deep state was real.

00:32:56.420 Lenin said that communism means keeping track of everything.

00:33:01.340 And that is what the administrative state is trying to do.

00:33:05.120 We've erected this gigantic surveillance regulatory apparatus.

00:33:10.200 And just as a subject of the Soviet Union would have been subjugated to that administrative state, so we in this country are increasingly subject to the American version of that.

00:33:28.660 It's not as brutal yet.

00:33:30.660 I hope it never will be, but it is every bit as active and reaching into all aspects of our life.

00:33:41.960 So when people say, well, is there this thing called the administrative state?

00:33:46.600 No.

00:33:46.840 But what it is is you can see with your own eyes the way in which we have gradually and then rapidly moved away from the vision of the founders, where we have three branches of government and only three, not four.

00:34:02.460 They didn't have a provision for this vast cadre of, again, unelected and unaccountable bureaucrats. 0.95

00:34:11.540 That is one of the keys here.

00:34:13.720 They're not elected by anyone.

00:34:15.820 You can't get rid of them, except with grave difficulty.

00:34:20.440 And they run our lives.

00:34:21.780 So the reality of this deep state, this administrative state, I think is – I mean, who are you going to believe, you know, me or your lying eyes, as I think it was Groucho Marx said?

00:34:34.960 But to the second point, why is this an historic moment?

00:34:38.340 Because Donald Trump has just won a decisive victory.

00:34:42.420 And he's won not just the electoral votes, not just the popular vote.

00:34:47.720 He has won the zeitgeist.

00:34:50.200 You just were playing a segment from CNN, of all places, noting the Trump effect, that somehow everybody seems to be a little more positive about this transition.

00:35:05.000 And the opportunity that has been given to us is very, very rare.

00:35:11.220 And I really hope that Elon Musk and Vivek Ramaswamy, with their Department of Governmental Efficiency, are able to do what they outlined in their piece in the Wall Street Journal a few days ago, which I summarized in my piece in American Greatness yesterday,

00:35:29.520 which is to attack the regulatory apparatus, to lower the headcount of the number of bureaucrats, and finally to effect, you know, important cost savings for the American people.

00:35:49.120 I think it can be done.

00:35:51.540 And by the way, they mentioned things like the Corporation for Public Broadcasting and Planned Parenthood, you know, a few billion dollars of expenditures.

00:36:02.140 But one they didn't mention that I'd like to mention is the National Endowment for Democracy, which gets, I think, about $320 million from the government.

00:36:12.980 It's a private entity.

00:36:15.500 It's a private entity that Congress funds.

00:36:18.580 On their board are people like Victoria Nuland and Anne Applebaum.

00:36:24.080 This is – these people are out there, you know, promoting war in Ukraine and elsewhere.

00:36:32.520 It's a very bad agency.

00:36:34.440 As we've gone through in the show many times, the National Endowment for Democracy started with Jesse Helms and the anti-communist warriors back in the 80s and 90s.

00:36:44.200 But it has been taken over by the color revolution crowd of Robert Kagan and his quite destructive and dangerous wife, Victoria Nuland, and others. 0.75

00:36:53.360 Anne Applebaum's of the world, which are always trying to get us into –

00:36:57.440 So, Roger, one thing – if you're going to make a – see, by the way, I love the Caesar and – with Caesar's wife warning him.

00:37:08.200 The other conspiracy, too, was that – and this relates directly to Trump – is that they – you know, his guys warning him that the Senate were coming after him on a conspiracy to charge Caesar with corruption and gall of all the great work he had done in conquering Gaul.

00:37:25.560 Well, that's why he headed back to the Rubicon and said, maybe I have something to say about that.

00:37:30.400 But this was exactly like – this was exactly like what the deep state – let's talk about the deep state aspect of this.

00:37:37.560 The deep state came after Trump in a way that is unfathomable to the American people.

00:37:43.820 And remember, MSNBC and The New York Times put – they put democracy on the ballot as their number one thing.

00:37:50.240 We had a referendum on that.

00:37:51.720 But the American people rendered a verdict, and you're right. 0.79

00:37:54.840 They want a change to the zeitgeist.

00:37:56.340 They want that to go away.

00:37:57.580 Is that part of your understanding of why this is a moment, sir?

00:38:02.460 Yeah, well, absolutely.

00:38:05.120 You know, and I – the people you just had on the – from CNN, they said the Democrats are tired.

00:38:12.920 They're very tired.

00:38:14.000 But you were right.

00:38:15.860 They will regroup.

00:38:17.800 And this moment is really – it's rare, maybe unique in our history.

00:38:23.440 We must seize it.

00:38:25.680 And Elon Musk and Vivek Ramaswamy, I really – you know, they are going to be part of the transition.

00:38:31.840 They will be able to do this stuff if we let them.

00:38:35.800 And I say it's – this moment is not going to come again.

00:38:41.700 And it's the only way in which we can begin to whittle away at the deep state.

00:38:46.300 And, I mean, we are in a fiscal crisis.

00:38:48.640 I don't – you know, you get up in the morning, you have your coffee.

00:38:51.360 You may not quite recognize it.

00:38:53.080 But we have a federal debt of almost $36 trillion.

00:38:57.420 That's – it's – you know, it's an unfathomable number.

00:39:00.300 And if we do not get our fiscal house in order, it's – this country will – it will be swallowed up by debt.

00:39:11.260 And that's part of what they want to do, of course.

00:39:13.180 Roger, where do people – where do people get – where do people get access to you, sir?

00:39:19.420 Well, I write a weekly column for American Greatness.

00:39:22.900 And I write regularly for The Spectator, both the English and American version.

00:39:27.440 And I write for The New Criterion, my magazine, and other places, the London Telegraph, for example.

00:39:35.160 But – and I'm on X, formerly Twitter.

00:39:39.780 Just – my handle is just at Roger Kimball.

00:39:43.240 Yeah, there you are.

00:39:45.900 Roger, thank you so much.

00:39:47.180 Great piece.

00:39:47.820 We're going to make sure it gets everywhere.

00:39:49.020 Grace and Mo, we're going to push this out hard today.

00:39:51.380 Thank you, brother.

00:39:51.920 Appreciate you.

00:39:55.180 Let's talk about the conversion, which Roger was talking about.

00:39:57.300 You've got the Doge – you've got the Doge cadre of Elon Musk and Vivek Ramaswamy and a team they're putting together.

00:40:06.960 And that team has put a landing team in the imperial capital of what you're going through.

00:40:14.160 Remember the Wall Street Journal article.

00:40:15.740 You can get it all – Roger breaks it all down for you.

00:40:18.900 Number one, start to take apart the regulatory apparatus.

00:40:21.940 Obviously, you need certain regulations.

00:40:23.800 Nobody's saying you don't need that.

00:40:25.320 But to take apart the regulatory apparatus that is choking entrepreneurism.

00:40:30.760 Number two, go to headcount.

00:40:33.100 And that headcount, I might add, because we've done the math.

00:40:36.040 You've got 2.5 million federal employees, about 2.5 million military.

00:40:39.180 Of the 18 million contractors, about 4 or 5 million, I believe, are in kind of managerial functions.

00:40:45.500 I just rounded – kind of rounding there.

00:40:47.520 But roughly, then you have – if you add that together, you've got about 10 million people that – folks that are running this $6.5 trillion apparatus.

00:40:56.260 You've got to reduce the headcount and the billets.

00:40:59.680 And you need cost savings.

00:41:01.480 Dramatic.

00:41:02.500 It's not just waste, fraud, and abuse.

00:41:04.160 Let's put that – yeah, there's certainly waste.

00:41:07.560 There's certainly some fraud, no doubt about it.

00:41:09.700 There's certainly abuse, inefficiencies, all that.

00:41:12.660 But this is programmatic, and that is the second part of the puzzle.

00:41:16.140 Remember, DOGE at the end of the day, when you look at their agreement, is nothing more than an advisory and consulting group to – wait for it – RussVote and OMB.

00:41:26.780 This is why RussVote is so important.

00:41:29.140 RussVote is now announced as the director of OMB, and that's been, I think, embraced except for the madness that they're throwing at him as being a Christian nationalist in 2025 and all that.

00:41:39.900 But Russ's OMB will be the driving force with DOGE kind of on a flank, helping them, assisting them, highlighting as these guys can really get to the media.

00:41:48.700 The other aspect of that you also have is the legislative branch because, remember, we go through a process.

00:41:53.660 We fought back with the McCarthy situation in January and February of 2023 to get the appropriations process to be 12 individual bills that are all going through.

00:42:03.800 That appropriations process, now with subcommittees, I think Joni Ernst in the Senate, MTG in the House, will also be, I think, in oversight working with appropriations.

00:42:13.660 When you merge all of that together, you have, for the first time, after decades and decades and decades of talk about taking down the leviathan of too big a government to get back to limited government,

00:42:28.960 you actually have the forces arrayed for battle, right, from tech entrepreneurs, people that are bringing about cutting costs,

00:42:37.160 all the way to Russ Vogt and the team over at OMB to now Capitol Hill awakened to the fact that why did we appropriate this just to cut it later?

00:42:45.460 Maybe we get into the appropriations process and cut it out at the beginning.

00:42:49.520 This is the beginning of action, action, action, and using your agency.

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00:44:41.900 Now, I think one word to describe Democrats now, it's just, they're exhausted.

00:44:47.180 They're tired.

00:44:48.360 You know, it's very hard being in the opposition.

00:44:50.220 Donald Trump wears out his opponents, and I think they've done that here.

00:44:52.920 So Democrats, Trump's win motivates me in what way to do things.

00:44:57.860 Just 44% say to oppose Donald Trump.

00:45:00.520 The majority, the 56%, either 46%, it doesn't motivate me at all, which I think is really the exhaustion pick, right?

00:45:07.460 This is the plurality, or 10% say it actually motivates them to support Donald Trump.

00:45:11.780 Together, these numbers get 56%, far higher than the 44% who say oppose Donald Trump.

00:45:17.620 The bottom line is this.

00:45:18.880 Republicans very motivated by Donald Trump's win.

00:45:21.280 And compared to eight years ago, Democrats are just really, really tired.

00:45:28.800 Think about this.

00:45:30.100 Please never forget.

00:45:31.980 I know this audience won't, but for those maybe new viewers and new listeners, the Nikki Haley and Ron DeSantis and the Mike Pompeo and all the Mitch McConnell, and particularly Paul Ryan.

00:45:45.020 In fact, if my team, can we cut some of the Paul Ryan vitriol, Trump can't win, Trump can't do this.

00:45:50.220 Where are they now?

00:45:52.020 Where are they now?

00:45:53.720 They're all skipping around and loving what Trump's doing.

00:45:56.100 They love the wins.

00:45:58.320 They don't want to work for the wins.

00:45:59.740 In fact, they want to work against it.

00:46:01.160 And then what they want to do now is thwart the full-on assault on the administrative and deep state.

00:46:07.360 This is what the Gates' appointment was.

00:46:08.920 The Attorney General, Pam Bondi, she's a tough hombre, right?

00:46:14.060 She'll be fine with the guy.

00:46:15.000 She has a great team around her.

00:46:16.280 She's not Gates, but then Gates is pretty unique.

00:46:19.600 This is why they stopped him.

00:46:21.420 This convergence to get on with it has to be more than to deregulate.

00:46:26.460 Look, what the Doge guys are laying out is absolutely solid.

00:46:29.640 We've argued for this for years, and now they bring the throw weight to actually get it done.

00:46:34.640 You combine that with Russ Vogt.

00:46:36.660 You combine that with some savvy, tough people, particularly people that understand the appropriations process and media like MTG.

00:46:43.760 That's a powerful combo.

00:46:45.020 That's a team.

00:46:46.240 And this has to be a team sport.

00:46:47.780 It's not going to be any one individual because the administrative state is too vast.

00:46:52.300 So it's looking good, but that's why in the moment of history, agency, agency, agency.

00:46:57.600 Attack, attack, attack.

00:46:59.120 Be on offense right now.

00:47:00.520 When you have them shattered and you have them in the fetal position sucking their thumb, looking for a pacifier, this is when you roll hard, hard, hard.

00:47:08.360 This is the reason we won.

00:47:10.820 We're harder than they are.

00:47:12.360 There are a lot of people.

00:47:13.580 I respect their fight on the other side.

00:47:15.580 I totally disagree with the ideology, but I respect their fight.

00:47:19.640 But there's not their bench is not that deep when it comes to fighters.

00:47:22.780 They're quitters.

00:47:23.720 You see them about running and leaving the country, right?

00:47:26.400 That's why now we turned out to be harder.

00:47:29.720 After they came out of this with total state power, people did not collapse.

00:47:35.360 People did not run away.

00:47:37.000 Traditional Republicans ran away.

00:47:38.720 The established order ran away.

00:47:40.360 You know this.

00:47:41.000 Look at your friends.

00:47:42.380 Look at people in the conservative media space.

00:47:46.060 See where they were a couple of years ago.

00:47:48.360 Why?

00:47:48.920 They're not hard enough.

00:47:50.300 They're not tough enough.

00:47:52.740 We went through this kind of Darwinian process.

00:47:55.500 And guess what?

00:47:56.760 This audience won.

00:47:57.700 Because you're hard, you're tough, you're focused, you're relentless.

00:48:02.440 You've got that good old American grit and cussedness that made this country the most powerful nation in the history of the earth. 0.81

00:48:09.900 Todd Bensman, there are forces out there aligned against us.

00:48:13.820 They're trying to destroy this country and still trying to do it.

00:48:16.100 And they've targeted working class African-Americans and working class Hispanic citizens as their target to destroy. 1.00

00:48:23.360 Because they are not giving up on the invasion of this country, as you report.

00:48:28.120 Can you get us up to date, sir?

00:48:30.620 Right.

00:48:31.280 So what's happening at the border right now is the Trump effect 2.0.

00:48:36.040 If you remember, the Trump effect was the term given to the first term, just the talk, the tough talk that was heard around the world among the aspiring illegal aliens. 0.84

00:48:50.060 And they decided to stay home just at the talk.

00:48:53.400 You've got to have follow through with action, though.

00:48:56.320 We're at the tough talk part again, 2.0.

00:48:59.900 The numbers are about 1,800 a day, border-wide, 500 in Texas.

00:49:04.920 And the rest, California and Arizona, for the most part.

00:49:07.860 Those numbers are low historically by four years.

00:49:13.420 We want to see those things down below 1,000 a day, even when Trump is actually doing deportations and pushbacks under Remain in Mexico.

00:49:22.540 But it's looking good right now.

00:49:24.820 But there are hundreds of thousands of aspiring illegal aliens in Mexico that are just busting to get over the border.

00:49:34.040 Still, the Mexican military is holding them back right now because Trump threatened trade tariffs.

00:49:41.660 If you let any of them through, Claudius Scheinbaum, the new president, it's going to be a big problem for your economy.

00:49:48.480 Nice economy you got there.

00:49:49.860 Be ashamed if anything bad happened to it sort of thing.

00:49:52.740 And then you have Tom Homan out there on the media circuit.

00:49:56.080 That cannot be by accident that he's on every media outlet that will take him right now because he is messaging deportations.

00:50:04.860 So he wants those hundreds of thousands to just, like, go home or stay in place.

00:50:10.160 And I think so far so good.

00:50:12.060 But they could rush that border between now and inauguration and hope that they get in and don't get caught up in mass deportation plans or anything like that.

00:50:23.420 So things are unstable but pretty – but good so far with Trump Effect 2.0.

00:50:32.360 OK.

00:50:33.160 What – and give me a thing again about – but what are the Biden guys trying to do?

00:50:38.420 I understand that Mexico understands what's happening.

00:50:41.120 Central America understands what's happening.

00:50:42.760 I even hear that they're talking about building a wall down in the Darien Gap in Panama.

00:50:49.080 Right?

00:50:50.040 There's a whole sea change, the zeitgeist.

00:50:52.660 But simultaneously we have – yeah, sea change.

00:50:56.580 Simultaneously we have the – Biden hasn't given up on still trying to get as many people in this country as possible.

00:51:02.760 They're talking about a new app that would go through December 30th, correct?

00:51:06.480 Correct.

00:51:06.760 Of course what the administration is doing, the outgoing lame duck administration, is they're trying to get as many people in and Trump-proofed as they possibly can in the next 54 days.

00:51:19.840 They are fast-tracking people on the CBP-1 app who have applied and gotten in and trying to get them their applications approved so that they can fly more in, approve for flights, many more in, and cross them over the land border as well at the ports of entry.

00:51:43.620 That's the CBP-1 app.

00:51:45.500 They're fast-tracking that thing.

00:51:47.100 They're trying to make it as quickly as possible.

00:51:50.860 I have a USCIS officer who just is in the middle of all this who just told me that they had a big meeting and they were told all hands on deck to stamp approve, stamp approve, stamp approve, everybody on deck.

00:52:04.600 Get them in here as fast as possible to make facts on the ground that will be hard to reverse when the Trump people get into office.

00:52:13.540 And then also they're contemplating reapplying temporary protected status.

00:52:22.160 Yeah.

00:52:22.540 Hang on, hang on, hang on, hang on, hang on.

00:52:24.420 I want to explain all this to the audience.

00:52:26.560 This is trying to make the effort of the deportations even harder.

00:52:30.580 Stick around.

00:52:31.240 Second hour of the War Room.

00:52:33.680 Up next.

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Bannon's War Room - November 25, 2024

Episode 4080： The Moment Of Great Optimism

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