On today's show, Alex and Joe discuss: - Tulsi Gabbard's confirmation to the US House of Representatives, the latest on the Iran nuclear deal, and why it's time to get serious about saving the economy. - What's the real existential threat to President Trump's administration is not the Supreme Court? - It's the Queen of Lawfare, Letitia James. - Steve Bannon: Unless you cross the Potomac and go to the Pentagon, you'll never make a dent in the $14 trillion deficit or the $20 trillion debt. - What are the alternatives to the current financial system? - How can we save the economy? - What is the best way to invest in the future? - Why is it so important to have a safety net? - Should we be worried about inflation? - Is it possible to save money in the face of falling prices? - How much money is left in the stock market?
00:01:59.500The existential threat to President Trump's administration, and I mean Doge, Elon Musk, Secretary of Treasury, Besant, Russ Vogt, Stephen Miller, all of his people.
00:02:11.780The existential threat is right here in this city.
00:02:42.420And I'm calling, hang on, I'm calling on right now the Attorney General, Pam Bonney, to begin an immediate criminal investigation into Letitia James, Alvin Bragg, all of what they did to President Trump.
00:02:54.260And President Trump, on his true social day, laid it out once again.
00:02:58.260The existential threat to his administration is this queen of lawfare, Letitia James, and how she has absolutely total control.
00:03:10.000And Doge and Elon Musk and Scott Besson and all of them ought to be worried about this out-of-control city.
00:03:54.260It's this huge part of the government that just does what it wants without accountability.
00:03:58.860Now, having said that, I do think that in terms of the savings part of it, Steve Bannon makes a very good point, and it's what Jon Stewart alluded to in that clip you just showed.
00:04:08.920Steve Bannon says, unless you cross the Potomac and go to the Pentagon, where we spend about a trillion dollars a year and completely unaccounted for money,
00:04:16.220you're never going to really save the kind of money that would make a dent in the American debt or the American deficit.
00:04:23.020But this is the framework that we're starting with that will show how that can be done.
00:04:27.280That was Glenn Greenwald last night on Jesse, I think, making the point that has to be made over and over again.
00:04:34.720If you want to get serious about this, and we have to get serious about it, or soon we're going to be forced into a situation that we don't have choices.
00:04:41.320What I'm laying out is, we still have no great alternatives, but you have alternatives.
00:04:47.780You're going to get to a place you don't have alternatives.
00:04:50.280You're going to be forced by the global capital markets, by the bond market, like Japan.
00:04:55.380Japan's had what they've called the lost, now generations, since 1992, I believe it is.
00:05:45.400And, you know, President Trump's dropping days of thunder every day.
00:05:48.840But you see, when he drops an executive order, he does an executive action, immediately they're in the court.
00:05:54.040And my big fear is that, and Natalie did a good job, I think we're going to win on the facts in these federal courts, but they're going to tie us up.
00:06:01.920We're going to win on the facts and the presentation of the case in the House and get this thing sorted on the financial side.
00:07:20.180We have candidates, and we're going to actually put up the best fight.
00:07:23.440It's something I'm committed to at least getting a contrast and getting the word out there for folks.
00:07:29.040It's going to be incredibly challenging in Manhattan, which is certainly the heart of the beast within the beast.
00:07:33.940If you look at these people, you look at Tish.
00:07:36.000I mean, she – even more so than Bragg, but both of them.
00:07:39.460I mean, these are – she's from the Soros machine.
00:07:41.820I think at one point had come up through New York City, come up through – he's their biggest donor, and she just kind of got lifted through.
00:07:49.460Cuomo essentially kind of made a deal with her to kind of protect his flank and lift her up.
00:07:55.040And she sort of stabbed him in the back, if we remember, with the whole – the women issues and all of that.
00:07:59.960And so it's kind of interesting because these are ruthless, vicious people.
00:08:03.300It's even more complicated than I think the media or anyone will acknowledge.
00:08:08.200I mean, I can't wait to get the call from President Trump's DOJ to look at all the stuff that we've acquired as we've laid out complaints, some of which we've publicized, some of which is not publicized, sort of the back and forth with the judicial complaint.
00:08:22.380These people are corrupt to their core.
00:09:07.260You've got the weaponization in New York, but everything that Natalie so laid out.
00:09:11.380It is a constitutional crisis that both state courts, state attorney generals, and federal courts believe that they can block President Trump's legal actions and, in turn, the legal actions of the voters in this country.
00:09:37.260I believe the crisis is that you've got unelected judges and a form of the government, right, so the judicial, which is essentially blocking the will of the voters in this, at least for now, free republic, Steve.
00:09:53.060That judges believe that they can end funding freezes, that they can stop cuts, that they can stop not just doge from going into the treasury, but all political appointees.
00:10:04.480I mean, political appointees, Steve, are who we voted for.
00:10:10.600They are – it's not – it's bigger than President Trump.
00:10:12.560They are suppressing the will of the American people that just had an election and not just had an election, Steve, but a landslide.
00:10:19.320And public opinion shows that President Trump is positive for the first time in his presidency, including on the first term, and that voters, according to the CBS poll, 70 percent believe that President Trump is executing on his will.
00:10:33.300And so I think that we have to lean in and message that.
00:10:38.440Judges, state courts, the deep state on the left in New York, as well as all of these – I mean, these are psychopath judges that – I mean, by the way, I mean, Davis has spoke about it.
00:10:55.120There's been a lot of historical cases of that, and I don't think the American people would agree that we can't dismantle USA, that we can't – I mean, President Trump ran on these issues.
00:11:08.540This is how it works in a democratic –
00:11:10.660Is the issue – is the issue because judges are appointed – federal judges appointed lifetime appointments.
00:11:16.560They're not obviously elected, but they are quasi because the political party that's in power puts them in.
00:11:22.560But is the crisis the definition of executive power, that this unified theory of President Trump saying, hey, I'm the chief executive, and is this about empowerment?
00:11:31.760Because he's saying, hey, whatever the appropriation is, that's the ceiling.
00:11:37.040Is this what the crisis is, the ability of the executive to make executive decisions and the legislature using the courts or the radical Democrats using the courts to thwart that?
00:11:48.720I think that's where we're heading, and I think that's the scope of it.
00:11:50.800But I think it's even bigger than that because some of this stuff – I'll be honest, as someone that's worked on the Hill, I mean, Congress hasn't voted for some of this stuff.
00:11:58.060And you saw with Biden they had grave discretion, just a little thing.
00:12:01.860But Lee Zeldin posted from EPA a video that Project Veritas found of someone being like, we're handing billions of gold bars over the Titanic.
00:12:12.140They were caught on video that before President Trump gets in, we're just throwing out billions.
00:12:17.940I mean, they don't have approval on that stuff.
00:12:20.140They operate within Biden's Inflation Act and all of that garbage.
00:12:24.720But President Trump barely clearly has, I believe, broad executive orders, certainly when it comes to arguing birthright citizenship.
00:12:35.340But whether it be on NIH grants, all of that is the discretion of the executive on – I mean, they're upset that we're putting a 15 percent cap on administrative on research.
00:12:44.940These aren't – I mean, this stuff is crazy.
00:12:47.200All of that is clearly the executive has the decision to put in guardrails or metrics on how they're going to give out taxpayer money, not their money.
00:12:56.620So that's why this, I think, is heating up very quickly.
00:12:59.060We have to own the constitutional crisis and go on offense because I believe voters and the people are with us.
00:13:12.800I'm going to – I'm going to hold you through the break.
00:13:14.480I want to know about going on offense because you know all the polling they're doing.
00:13:17.600They're doing focus groups, and they're starting to come on – in 14 March, they're setting a trap for President Trump to force the shutdown of President Trump's own government.
00:14:33.620I got Shali Kumar talking about the visit of Modi, who, you know, is our favorite nationalist.
00:14:37.280Alex Brusilowicz, the genius in back of the kind of the podcast strategy and the social media strategy of President Trump, is going to join us.
00:14:45.660We've got a lot rocking and rolling, and we're going to be going in and out of these live hearings.
00:19:53.540And but the last four years under Biden, it has not been good.
00:19:59.920India has been waiting now for two years for GE aircraft engines for its Teja fighter program.
00:20:08.240So there's going to be some, you know, tough negotiations which are going to happen.
00:20:16.180But at the same time, we need to recognize that we, America, needs India as partners to confront the elephant in the room that is China or the dragon in the room, which is China.
00:20:35.680China has taken away close to 20 million jobs, 5 million in manufacturing itself from us just in like a seven, eight year period when President Clinton allowed them to become a member of WTO and they got the PNTR status.
00:20:58.960You know, I'm from Elk Grove Village, Chicago, Schoenberg area.
00:21:06.080We used to have almost 5,000 small businesses, small factories in the Elk Grove County.
00:21:17.240And so but they need to work together.
00:21:19.600The number one element in here is really China on the for the Indo-Pacific and President Trump, unlike the first term, has to have sustained tariffs.
00:21:33.760If we have sustained tariffs on Chinese imports, that can go a long way in solving U.S.-India relations as well, because then we have the capacity.
00:21:50.320Let's say right now we are importing close to five, four hundred billion dollars a year of manufactured goods from from China.
00:22:01.000Half of it or two thirds of it could come back to the United States if it's done properly.
00:22:10.180Hold it, hold it, hold it, Sholly, full stop.
00:22:14.180How do you get to the 20 million jobs lost in the five million manufacturing jobs and then cut right to a four hundred billion dollars annually that we're importing from China manufacturing?
00:22:25.280You said two thirds could be over here.
00:22:28.720So so walk me through how we lost those jobs, what specifically did it and then how do we get two thirds of four hundred billion back, which I don't know.
00:22:37.060Sounds like two hundred fifty, two hundred seventy five billion dollars of manufacturing here.
00:22:43.280Well, first of all, you know, there's a pretty simple formula, which is ten billion dollars is one hundred thousand manufacturing jobs.
00:22:52.040And for each manufacturing job, there is three support jobs.
00:22:55.580So 20 million jobs, that's for five hundred billion dollars of goods we import from China that translates to five million jobs that started in 1998.
00:23:10.960And by the time 2005, 2006 came around, those jobs were already lost.
00:23:17.700You know, you were there in 2019 at the Ronald Reagan Center in Chicago with us.
00:23:24.700You know, we you interfaced with 20 Indian American businessmen and, you know, how the industry of 50 billion dollars was reduced to 50 million from 50 billion to 50 million in this just short period.
00:23:43.040And China had such a great strategy and good for them, bad for us, that they bought the capital equipment because all these companies went bankrupt and they bought the capital equipment for tenth of a penny on the dollar.
00:24:01.000So China strategizes, has a long term thinking.
00:24:13.320OK, hang on, hang on, hang on, hang on.
00:24:16.060Tell me in the room, what is President Trump and Modi got to talk about to get two thirds of that manufacturing back here in the United States to make.
00:24:24.020I want I want to I want to see five thousand small little factories in that part of Illinois, south of Chicago that you so graciously had us there to talk to the Hindu American Republican Association.
00:24:37.840What what what what what deal has to be made?
00:24:40.340What is what a Modi and President Trump need to come out with that we can start getting two thirds of that manufacturing back here to the United States, sir?
00:24:47.060OK, I'm glad you asked that question, because I've been trying through the back channel, talking to both on the Trump side and as well as the Modi side.
00:25:02.020The the key part of this thing is to for for this thing to happen, to have sustained tariffs.
00:25:10.480You know, it's not like one day there will be tariffs when the second day will not be tariffs.
00:25:15.420So to get the five thousand jobs in the Elk Grove County, you know, the businessmen have to be sure that there's going to be tariffs, 25 percent or 50 percent tariffs on Chinese goods that are imported.
00:27:43.220We'll be doing wall-to-wall coverage on a very important strategic bilat as our partner in the Indo-Pacific region joins President Trump of the White House.
00:46:19.440Tulsi Gabbard is Director of National Intelligence.
00:46:22.240The reason this is so meaningful for me is that I reached out to a young congresswoman right after we won in 2016, in the days right afterwards.
00:46:31.920And I said, hey, we'd love to talk to you about coming on to the cabinet.
00:48:11.640I had someone from CNN last night was telling me that about the precinct strategy, about people calling different,
00:48:18.040that every time we'd have something on or have something about a local office, you know, hundreds of emails, hundreds of phone calls rattling these people.
00:48:34.800Grace Chong, Mo, Grace with the Bill Blaster, fantastic.
00:48:38.120Thank you for the development team that's made this easier.
00:48:41.180Grace Chong's been up on the ramparts.
00:48:42.920Mike Davis, his entire team over there with Article 3.
00:48:45.420Remember, Mike really set up Article 3 after the Internet Accountability Project.
00:48:49.540And look, Mike Davis was one of the first guys with Rachel Bovard and these others, Gail Slater, to go after the oligarchs in the early days of the oligarch war.
00:52:55.760And we're going to show you Pam Bondi at 5 o'clock when we return here in the War Room.
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