Episode 4313： Disruption Of The Deep State; Holding All The Cards In The Economic War
Episode Stats
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Summary
Trump leaves the White House and heads to Capitol Hill for a speech to the joint session of Congress. Steve and Chris are joined by Eric Bolling, Natalie Winters, and Steve Kornacki to break it all down.
Transcript
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a decade and finally it's time to pay the piper. It's a fool's choice to go after Donald Trump and
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they say if you're gonna go after the king you best not miss. Zelensky missed. Trudeau missed
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badly today. I'm guessing these tariffs are gonna come down very very shortly. Steve I won't eat
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any more of your time up. Love having you and have a great show and talk to you later on tonight.
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Eric thank you so much. Eric Bolling will be uh will be with us. We're gonna do coverage of five
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to seven with the war room and then we're gonna take a break. We'll be back eight to eleven with
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all the stars in the galaxy of Real America's Voice. Real America's Voice uh from eight to eleven.
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We're gonna cover the speech. We'll cover the president leaving the White House. Then the speech
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uh then the return all of it with pre-game and post-game. Let's go ahead. We've got a cold
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open. I want to start with and I'll bring in Natalie Winters from the White House.
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Vladimir Zelensky says his country is ready to come to the negotiating table to end the war with Russia
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as soon as possible. He also called last week's Oval Office blow up regrettable. Zelensky's
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comments come of course after the Trump administration paused military aid to Ukraine.
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Here's Vice President J.D. Vance. What the president has said very clearly about our Ukraine policy is
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that he wants the Ukrainians to come to the negotiating table. We want the Ukrainians to
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have a sovereign and an independent country. We think the Ukrainian troops have fought very bravely
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but we're at a point here where neither Europe nor the United States nor the Ukrainians can continue
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this war indefinitely. Hi there Chris. Well that relationship is still not good and yes this
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pause in military aid a seismic shift in policy towards the U.S. ally. Billions of dollars in aid
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now on hold. Now as you mentioned President Zelensky today signaled that desire to come back to the
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negotiating table. He wrote online that he was grateful for the U.S. providing javelins. He also
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talked about how the meeting Friday did not go the way it was supposed to and it's regrettable
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that it happened this way. But Chris he did use the word regret in an interview on Friday after the
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meeting. What he still has not done and the White House continues to point this out is that he has not
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flat out apologized for what happened on Friday. Let's listen to more what Vice President Vance said on the
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Hill just a short time ago. Look I think the most important thing a lot of people have made this
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about public statements. President Zelensky needs to say that he's committed to the peace or President
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Zelensky needs to apologize to the President. The public stuff doesn't matter nearly as much as what
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are the Ukrainians doing to meaningfully engage on what a peaceful settlement would look like. We need
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the Ukrainians privately to come to us and say this is what we need. This is what we want. This is how
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we're going to participate in the process to end this conflict. That is the most important thing
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and that lack of private engagement is what is most concerning to us. So the White House again saying
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they have not seen that private outreach just yet. It could happen. It just hasn't happened as far as
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we know thus far. And Chris it is expected to be a major topic in the President's address the joint
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session of Congress later on tonight. I don't know. It's the Democrats suffered a difficult defeat in the
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last election. It was only a few months ago. Democrats are a heterogeneous, sometimes slow-moving
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party. It's going to take them a little while as an electoral vehicle to sort of get it together.
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Losing parties often go through a difficult time. That's pretty par for the course. But the United
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States, our civil society, the actors who can and should be defending democracy extend way beyond
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the Democratic Party. It should include churches. It should include universities. It should include
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business leaders. A whole range. It should include Republican politicians, quite frankly.
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And obviously media figures. And so we shouldn't look, at least not exclusively, to the Democratic Party
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because this is not just electoral opposition. This is a defense of the rule of law, of the Constitution,
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and of our democracy. And all of our citizens. The good news is the United States has a lot of
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resources. We have a really strong opposition, much stronger than Russia, stronger than Venezuela,
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than Hungary, than Turkey. We have much greater raw materials to work with in terms of building and
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sustaining an opposition to Trump. But so far, we've underutilized those resources. Everybody is sort of
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laying low, kind of defending their own turf and worried about what can happen to them and not
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speaking out. And that, I think, is dangerous. Mexico, China and Canada all say they will retaliate
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with outgoing Prime Minister Justin Trudeau making a personal and direct appeal to President Trump.
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Here's a big chunk of what he said today. We stepped up. We engaged closely and constructively
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with the President and his administration. We did everything we promised. We stuck to our word.
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And we did it because we believe in working together to protect our citizens.
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Now I want to speak directly to one specific American. Donald. In the over eight years you and I
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have worked together. We've done big things. We signed a historic deal that has created record jobs and
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growth in both of our countries. We've done big things together on the world stage as Canada and the
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U.S. have done together for decades, for generations. And now we should be working together to ensure even
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greater prosperity for North Americans in a very uncertain and challenging world.
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Now it's not in my habit to agree with the Wall Street Journal. But Donald, they point out that even though
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you're a very smart guy, this is a very dumb thing to do.
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What a session. A stomach-churning day for investors as the tariff tantrum initially sparked a sell-off
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before a big intraday comeback. And then, just in the last few moments, a sharp pullback
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here into the close. The Dow closing lower by about 700 points. That's the scorecard on Wall Street.
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But the action is just getting started. Welcome to Clip.
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This is the primal scream of a dying regime. Pray for our enemies. Because we're going medieval on
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these people. Here's one time I got a free shot at all these networks lying about the people. The
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people have had a belly full of it. I know you don't like hearing that. I know you try to do
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everything in the world to stop that. But you're not going to stop it. It's going to happen.
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And where do people like that go to share the big line? Mega Media. I wish in my soul,
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I wish that any of these people had a conscience. Ask yourself, what is my task and what is my purpose?
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If that answer is to save my country, this country will be saved.
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Tuesday for March in the year of our Lord, 2025. There are decades in which nothing happens and
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there are weeks in which decades happen. I think we're in another week like this.
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The joint address to Congress or State of the Union, whatever you want to call it,
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starts at nine o'clock tonight. Our coverage will start at eight o'clock from the White House.
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We will go all the way through the conclusion of the speech. We'll have a vast global audience.
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Then we'll have postgame coverage also with all the commentators and analysts and news people
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here at Real America's Voice. It'll be wall-to-wall coverage. Breaking news as we're coming on.
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The Bloomberg and Semaphore are both reporting that the Russians have stepped up and committed
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to broker nuclear discussions to get a diplomatic resolution with Persia of this nuclear, you know,
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the issue with them and nuclear weapons. The Russians have volunteered after President Trump
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mentioned it in one of the phone calls. They then had a discussion when they were in Saudi Arabia
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with the team, I think it was Steve Witkoff, and the team met with some of the Russian delegation.
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They have now stepped up and said that they will help to broker discussions for a diplomatic solution
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to Persia. Bridge Colby today went through his confirmation hearing. Remember all the complaints
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that Bridge Colby is terrible. Bridge Colby is hated by the neocons because Bridge Colby does not want to
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go to war in Persia, either with airstrikes or a land war. And of that, we 1000% support Bridge Colby.
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He wants to pivot to East Asia. Now we got a little bit of difference in how hard you go,
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but Bridge is a safe pair of hands. And right there, as we said, and I reiterated on Saturday
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night when I talked to Israel 365, there is absolutely no need, no need at all for us to
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get into another land war in the Middle East and particularly against Persia. It would be absolutely
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ridiculous. There are many, many other ways to get there and to get a solution. Of course,
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the Russians have stepped up. I would say, I think that is the Trump effect. Natalie Winters,
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you join us from the White House. You saw that coal open, meltdown on President Trump's tariffs.
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And I got to say, I thought Trudeau had a pretty good talk to the Canadian people. He's pretty
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straightforward. He said, Hey, this is going to be hard. This is going to be very hard. And we got
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to figure out how we're going to get through it. But everything from, you know, the pressure being put
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on President Trump, of course, President Trump, after Zelensky apologized and said all the right
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things, I think has concurred. And there may be some discussion tonight at the speech on the,
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on the economic deal. As you know, we're not huge fans of that, but we understand President Trump
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is, is being the peacemaker here as he is in, with Persia. So what do you got for us from the
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White House, ma'am? Yeah, I mean, I think it's certainly another negotiating victory from President
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Trump, right? Whether you're talking, uh, things like the art of the deal, all things tariff, all
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things trade war, um, Denver, I can hear myself in my ears. So if we could stop that, that would be
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great. Um, anyways, I digress. Um, sorry, Steve, the audio is really awful. Um, but I want to drill
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down on the state of the union tonight. Can we, I'm sorry, Steve, I can't. Can you have done a
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reboot my connection? Uh, yeah, yeah, yeah, yeah. Let's go ahead and reboot it. And we'll come back
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to Natalie. Uh, tonight it's going to be, uh, tonight, President Trump is going to leave the
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White House about eight 30. Our coverage will start at eight o'clock Eastern standard time. Uh,
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President Trump will leave the White House with the first lady. Uh, my understanding, the first lady
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at about eight 30 speech is going to take about nine o'clock. Remember this kind of some, some,
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you know, President Trump has announced, he walks down the aisle, the handshake, all the
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standing ovations and the, the, uh, speech is supposed to last, I think approximately an hour.
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President Trump always normally goes what we call off the glass, off the teleprompter for a while and
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kind of, uh, you know, does his own thing. I see he gives comments on news of the day or more emphasis.
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Uh, there's all types of stories out there about some of the Democrats,
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are going to try to disrupt it. Uh, I think maybe even, maybe even they are getting, uh,
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getting pushback on that, but there may be some disruptions tonight. Of course, uh, many members
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of Congress are going to bring their, uh, uh, various people with him. I think a lot of these
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folks have plus ones, so they'll be in the audience. And of course, President Trump's going to bring
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some surprise guests. I'm sure he'll announce that. Let me go back to this. It's, it's, it appears
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that Zelensky, and you heard in the open, you heard Vice President Vance talk about it,
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uh, that, uh, you know, Zelensky has tried to kiss and make up. He's tried to, uh, say that he's a
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trustworthy guy and you can do a deal. I don't believe any of that. I was on Sky News a little
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while ago, shocking the British. They were absolutely appalled when I called Zelensky a punk and a crook
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because he is a punk and he is a crook. But I understand that President Trump, who is magnanimous
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and President Trump, who has a, uh, who has a larger, uh, you know, a, a larger set of issues
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to try to bring peace. But let's not bury the lead. The lead shows in a rapprochement with Russia
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how the world can be. Right now we're on tenterhooks in the Mideast, and it's not just about the Muslim
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Brotherhood, Hamas, and Gaza. It's not about Hezbollah and the fighting's taking place in Southern
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Lebanon. It's not even about the new incursions and all the concern people have in Syria, right?
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Since Turkey, uh, since Turkey took down Syria and crushed Syria. Really the threat of war there is
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about a general war in the Middle East around Persia, particularly Persia's nuclear weapons
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capability. It's been reported by Bloomberg and Semaphore that the Trump administration is in
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discussions with the Russians about brokering. The Russians have volunteered this about brokering
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diplomatic discussions, essential talks to somehow, uh, unwind this issue of, uh, nuclear threat in
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the Middle East, a regional threat. That's progress, folks. That is what we call beating swords into
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plowshares. That's what President Trump is about. He's about peace and prosperity and all the jackals
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in the NATO and all the jackals in the EU and all the big talk in France and in the United Kingdom,
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they're going to do this, they're going to do this. Call their bluff, Mr. President, call their bluff.
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Put up or shut up. The United States has been putting up for a long time. It's time for, uh, NATO
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and the EU to go to their people and tell them about what the economic hardships would be
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if they would do this. Because right now they're completely lying to them. Okay, markets were on fire
00:14:18.780
today. I think the Dow ended down 700 points. As people settle in on this, uh, what can only be
00:14:26.380
called, as Warren Buffett says, economic acts of war of these tariffs to both get the attention of
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the Canadians and the Mexicans and also the Chinese Communist Party. And the European Union ought to be
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taking notice, too. On day one, in a new day in America, a new economic model, President Trump
00:14:45.500
will talk about disruption tonight in his joint address to Congress. We're going to take a short
00:14:51.780
commercial break. Johnny Kahn takes us out. We'll go back to the White House in a moment.
00:14:56.320
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Okay. So many things happened today. Positive news out of the Middle East with Persia.
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Zelensky has agreed to sign the deal. There's been no security guarantee, is my understanding,
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and we will be all over that. That is what Zelensky was trying to be a punk about the other
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day and got shown the door. And I hope no one has acquiesced. I'm sure President Trump has not,
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but you never know kind of what is whispered in people's ears. So we'll drill down on that. I'm not,
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I would say I'm not particularly excited about getting into an economic relationship with Ukraine.
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As you know, we're big believers in just walk away. We've done all we can do. We've done all we
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should have done. We've done more than that. It's now Europe's issue. President Trump should
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focus on the rapprochement with Russia. And you see what happens. You see what happens. One of the
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thorniest issues we have in the world is this whole controversy about Bridge Colby today.
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Bridge Colby, Tucker, and Kurt Mills, and others have been saying, hey, we can't get sucked into
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another land war in the Middle East. You know, we had the disaster in Iraq, the disaster in
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Afghanistan. We can't do that. And that's been this huge controversy. And by the way, I think Bridge
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Colby did a very good job and he will definitely be confirmed by the United States Senate. I don't
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think that's any, um, any doubt, but right there, you see what the beginning of a relationship and
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you can't, you know, the sky news asked me today, what do you trust Putin? I said, no, I don't trust
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Putin. He's cagey, but I don't trust him at all. Just like Churchill didn't trust Joseph Stalin.
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So don't sit there and ask me some pimpy question. Okay. Uh, Natalie Winters, let's go
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back. Hopefully your audio, your tech issues are solved. Uh, set the, set the stage for us today,
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ma'am. Well, I think to set the stage, we have to really do a compare and contrast and just
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juxtapose where we'd be if we were standing right here, although I probably wouldn't be standing on
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the white house lawn had Kamala Harris one, you know, they would have authorized the long range
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missiles right for use in Ukraine. They would have plowed through who knows how many more
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billions of dollars that conflict would be beyond the point of return. Who knows if this country
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would still even be standing in contrast, right? You have president Trump who, and what about one
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month has been able to really through a myriad of geopolitical and global affairs, been able to,
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I think, turn the tables and reverse course on something that I think, frankly, we didn't even
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know was truly possible. And I think the Ukraine flashpoint, you just sort of extended that to what's
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going on with Russia and Persia is sort of the other side of the coin of that. Um, obviously
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tonight he is expected to announce that he will be signing on to that mineral deal with Ukraine.
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I think we've always sort of taken the line that I think it's sort of a, a poison pill or it's a
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dangerous trap in terms of the fact that they've destroyed Ukraine so they can rebuild it in the
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line of, I think, a kind of world economic forum, globalist, global government model. And when you look
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at the entities that are involved in the rebuilding of Ukraine, that's of course BlackRock and JP
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Morgan, they've treated it sort of as a sovereign wealth fund investment type venture. Um, I think
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the fact that the United States is somehow going to be embroiled in all of that isn't necessarily,
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um, you know, what president Trump's most loyal of supporters want, but have you, as you've always
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alluded to, right, it's leadership, it's compromise. And I think we've sort of seen that play out
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time and time again. And I think that the theme of his speech tonight, which dovetails with so many
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of the guests that they've announced that there are still some surprise guests, uh, that, that
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we'll, we'll be seeing soon. I think it really shows a reversal of the kinetic warfare that the
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Biden regime was waging on the American people by allowing an invasion of what, 400,000 people a
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month. Now we're actually deploying troops to the Southern border. I think we've seen a reversal of
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information warfare, right? Whether it's the white house correspondence association, getting kicked
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out new media now having a voice in the briefing room. And I think most poignantly,
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we've seen the reversal of economic warfare, right? Instead of inflation being, you know,
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absolutely waged against the United States and against the average American working class,
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of course, dovetailing with immigration policy. Now we're actually seeing whether it's the tariffs
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or mass investment, or frankly, even, I just think continuing to sort of stop this endless flow,
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the just pouring out of fund after fund aid package after aid package to Ukraine. So you're seeing a
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reversal. And I think it aligns quite nicely, um, with president Trump's obviously America first
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agenda, but you're seeing it on full display right now. And I have to say, it's not a very happy mood
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right now in the briefing room. I think there's a lot of, uh, sad Ukraine diehards in there who are
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sad. They're not going to be getting more aid packages. Uh, or I guess maybe they've just drank
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the Kool-Aid and they think that democracy is going to be over tomorrow.
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Natalie, what's the, what's the feeling at the white house? Look, there's a world of problems.
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Obviously, uh, you know, president Trump started the terror, started the kind of economic warfare
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part last night. Um, he's trying to set things right. You got troops on the border. They just
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announced, as you said, uh, the lowest ever we've shut the invasion down in, in under 40 days,
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not, not the years they told us it would take, but what's the attitude among the staff and the
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people that support president Trump, they work from every day. What is it? What's the feeling?
00:21:57.320
Well, I don't think there's probably ever been a president who's walked in what the first month
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or so of their administration, who's been able to walk and give a joint session address with the
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number of accomplishments that this administration has. And in part, it's because of, I think the
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wonderful work that president Trump has done, but I also think it's because of just the absolute
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very just awful, uh, deck of cards or rather hand of cards that, uh, president Trump was
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dealt right from Joe Biden, the stolen election, I guess had a diminishing returns. Um, but I will
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say, I think it is interesting to sort of answer that question too, to look at how the other side
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is reacting to it. Um, there's a mass demonstrations going on across the country today. There's a huge
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one going on right now, right now outside the white house. There's obviously massive demonstrations
00:22:42.040
going on at the Capitol too. They're all saying, of course, that it's spontaneous and organic.
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We know that that's textbook color revolution tactics in terms of the fact that they're trying
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to astroturf these, this idea that there's so much grassroots opposition to what president Trump
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is trying to do. We've seen this of course, with the idea that all of these protesters that are
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popping up at these town halls are just, you know, random nonpartisan individuals. Turns out that
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they're being bankrolled by groups that we've really highlighted here on the war room groups like
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move on and indivisible. Um, I think black lives matter. A lot of these sort of swampy,
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shady, dark money, Arabella advisors, George Soros, you know, S groups are now sort of assembling
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outside the white house. But if you really look what their big gripe is, what they're sort of
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attacking this administration for, I've seen all the signs they're attacking president Trump for being
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a felon. And they're saying that Elon Musk is a billionaire. They don't really have that much
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to hurl against this administration because I think they can't accept it, but he's actually
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been quite successful. And if they really want to protest against, I don't know, something as
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controversial, controversial as peace, which seems like in the Middle East or in Ukraine,
00:23:52.760
then I guess they would really just be finally admitting how anti-humanity and pro-death that
00:23:57.600
they actually are. But I think the best way to sort of reverse engineer the successes that
00:24:02.360
president Trump has had is just how short the list of complaints of his largest attractors,
00:24:07.400
which maybe you can overhear, they're not too far away from me, actually are.
00:24:13.500
Natalie, do you anticipate in the room tonight, there's been a lot of discussion
00:24:17.480
about, and particularly on MSNBC all day, about potential disruptions by, not protesters,
00:24:25.480
that would slip in somehow as a guest, but about actual Democratic congressmen, particularly people
00:24:30.760
in the House, actually being disruptive during President Trump's address to the nation.
00:24:36.260
Any thoughts that you're hearing from the White House or your own thoughts, ma'am?
00:24:41.400
Well, I hope that's a rhetorical question because, of course, right, I think the kind of mindset
00:24:46.540
that plagues Democrats right now is that they can't normalize Trump, right? That was obviously
00:24:51.060
the 2016 playbook. Now we've seen a sort of more intense and I think more akin to the sort
00:24:56.380
of global color revolution tactics where they're astroturfing this idea. They're very
00:25:00.740
rejective of the idea of something called anticipatory obedience. There's a historian
00:25:07.440
who Rachel Maddow has on all the time, sort of undergirds a lot of MSNBC's coverage.
00:25:12.880
And in his book, the concept of anticipatory obedience, right, prematurely obeying evil dictator
00:25:20.680
President Trump is how this country slips from democracy to full-blown autocracy. So sort of through
00:25:27.040
that paradigm, I think they then justify, if not absolutely mandate, at least from the far left
00:25:32.520
flank of the Democratic Party, that they do not treat President Trump like a democratically and
00:25:38.100
popular vote elected president because they can't normalize him. Otherwise, they are enabling,
00:25:43.460
right, the backsliding of United States of American democracy. And I think you sort of see
00:25:48.900
it on full display, right, in the social justice, you know, ally. If you're not with us, you're against
00:25:54.180
us, that whole kind of mindset. But that's now playing out on the more, I think, domestic and
00:25:58.580
democracy political front. So I think that you will definitely see people stand up and try to disrupt
00:26:04.460
and agitate because not just, I guess, it's their tradition and their culture, but it serves a bigger
00:26:10.520
purpose. And Steve, I think signal not noise for our audience, though, of course, there is going to
00:26:15.160
be opposition and demonstrations against him. Pay attention to how much the mainstream media amplifies
00:26:20.680
it. I don't know about you, Steve. Have you ever seen the mainstream media cover the fact that our
00:26:24.460
audience, our posse, is always showing up at these town halls, nuking CR after CR? I don't think so.
00:26:30.140
But then a group a tenth the size of our audience shows up, obviously bankrolled by Soros-linked groups,
00:26:35.420
and suddenly they get nonstop coverage, right? They even have the small little square box in the
00:26:39.740
corner of Rachel Maddow's screen trying to make it look like there's mass demonstrations everywhere.
00:26:44.800
So even if there actually aren't demonstrations, I think that to sort of fit the narrative,
00:26:49.580
it doesn't actually matter if anyone shows up, you're going to see a continual hyping of this
00:26:53.920
idea that there's such staunch opposition to him, because then they have more, not just moral,
00:26:58.800
ethical, or political justification to sort of oppose him using these outside-of-the-system tactics,
00:27:04.500
but it just helps to, I think, sort of foment the resistance, which, you know, they're not going
00:27:08.080
to give up all that easy. Natalie, fantastic hit. What's your social media map so people can get
00:27:15.400
to you between now and 8 o'clock when you rejoin us?
00:27:24.140
Thank you, ma'am. We'll see you back here at 8. Fantastic report from the White House. Our own
00:27:28.100
Natalie G. Winters. Okay. We're going to have, Philip Patrick is going to join us
00:27:33.380
here momentarily. We're going to talk about markets today, particularly President Trump's
00:27:37.200
address, what people are looking for. John Gardner, who is an expert on tariffs,
00:27:41.240
and particularly how we rebuild American manufacturing, and his take on it is different.
00:27:47.940
You don't need Taiwan Semiconductor. You don't need Apple. You don't need Honda. Those are all great.
00:27:54.940
He's got a solution to how we do it with small manufacturing to return America to a manufacturing
00:28:00.600
powerhouse. Take your phone out right now, particularly on a day like today. The Dow finishes
00:28:05.820
down 700. Text Bannon, B-A-N-N-O-N, at 989898. Go to Birch Gold and get the ultimate guide to investing
00:28:17.740
in gold and precious metals in the era of President Trump. This is one you do not want to miss. It's
00:28:24.840
all free. You can read it, study it, and then talk to Philip Patrick's team, birchgold.com slash
00:28:30.060
Bannon. Get to the experts to get an expert's opinion. Short commercial break. Philip Patrick
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A stomach-churning day for investors as the tariff tantrum initially sparked a sell-off before a big
00:30:14.680
intraday comeback, and then just in the last few moments, a sharp pullback here into the close. The
00:30:20.340
Dow closing lower by about 700 points. That's the scorecard on Wall Street, but the action is just
00:30:29.440
Okay, it was a wild day, not just on Wall Street, but in global capital markets. President Trump at
00:30:35.720
midnight last night at 12.01 a.m. Eastern Standard Time, put in the 25% tariffs in Canada, 25% tariffs
00:30:45.640
in Mexico, and I think it's supposed to be 10, but I think he said 20% tariffs in China. And of course,
00:30:51.140
China said flat out, hey, we will fight you to the bitter end. So they're throwing their game on.
00:30:58.460
Philip Patrick, on a day like today, what should people know? I guess gold went to 29.25,
00:31:05.720
and backed off as a 29.15, but it's near another all-time record high on massive volume. What's
00:31:12.620
going on in the capital markets, sir? And how can people start to think through what they should
00:31:16.240
be, what they should understand about gold as a hedge?
00:31:20.840
It's interesting times to say the least. I saw an interview with Warren Buffett recently,
00:31:25.620
and he was asked about the general state of the economy. And he said it was the most interesting
00:31:31.180
subject in the world and then declined to comment even any further. So I thought that in on itself
00:31:38.440
was very telling. But volatility is the name of the game. As you said, tariffs went live today. These
00:31:44.740
are the most extreme tariffs in living memory. It's 25% tariffs on Canadian and Mexican imports today.
00:31:52.180
He also implemented a second round of 10% duties on Chinese imports, now pushing to 20% total.
00:32:00.520
As we expected, Canada hit back immediately with 25% tariffs on about $21 billion of American goods,
00:32:09.500
specifically poultry, beef, fish, and other food, along with textiles and furniture. China hit back as well
00:32:17.100
with tariffs on food and agricultural products. I think there's a reason that Buffett recently described
00:32:24.240
tariffs as an act of war. They tend to escalate in this tit-for-tat manner with ultimately no clear winners.
00:32:32.040
But what I thought was very interesting was Canada and China specifically targeted the American farming sector.
00:32:39.680
If we look at the top 10 agricultural states in the U.S., they're all red states, with the notable exception,
00:32:45.760
of course, of California. So for me, it's interesting. I think these retaliatory tariffs
00:32:55.180
are designed to pressure Trump's strongest supporters in the heartland. Now, Trump's convinced that other
00:33:02.380
countries are going to bear the costs. It's not entirely correct. Look, for products where shoppers
00:33:08.400
have a choice, think avocados, they're probably going to buy American over Mexican. But there are many
00:33:14.800
sectors where there is little or no competition. Think electronics, cars, appliances. Prices in these
00:33:21.760
sectors tend to rise 50% to 100% on the back of the applied tariff amount. So other nations will suffer
00:33:29.660
for sure in the form of lost sales where shoppers have alternatives. But where they don't, we're going
00:33:36.260
to feel that as consumers. Of course, financial markets hate volatility. Tariffs will create volatility,
00:33:43.000
and we're seeing that at the moment. So it's an interesting time to be alive, an interesting time
00:33:48.800
in financial markets. But volatility is the name of the game, and I think it'll continue to be so.
00:33:56.100
So with volatility going to be the name of the game, I 1000% agree with you, because we're just
00:34:02.060
getting into tomorrow, just as a news update. Elon Musk has been invited to meet, I think, the Republican
00:34:08.580
conference at 7 p.m. tomorrow night to discuss where they stand with Doge, because we've got to
00:34:15.960
get some serious decisions here on the CR, whether it's going to be end of the year, 30 days, or the
00:34:21.680
Doge cuts going to be included. My big fear is that the Doge cuts, I don't think in reality are anywhere
00:34:27.180
near where people think they're going to be. And now it's down to seriousness about where we're actually
00:34:33.940
going to cut the spending. Because you know, Philip, until we stop the Keynesian overdrive of
00:34:39.320
this massive stimulus that we're giving the economy every month, because we're setting like monthly
00:34:44.580
records for the deficit, we already have baked in right now a $2 trillion deficit this year alone.
00:34:51.460
You're going to have more volatility. So what should people be thinking about? I mean,
00:34:55.920
should they be coming and talking to you? What should they be reading? What they should be,
00:34:59.980
you know, discussing on this? Because this is going to get, you're going to have 700 days. And by the
00:35:04.600
way, it's going to go up and down. But you're going to have extreme volatility in the bond market,
00:35:08.440
you're going to have extreme volatility in the stock market. I think you're going to have volatility in
00:35:12.140
the real estate market. Every asset is going to be bouncing around. So what is your recommendation?
00:35:17.560
Look, I think, first of all, everyone needs to stay informed. That's why this show is so important.
00:35:22.360
That's why they need to reach out and get the end of the Dollar Empire series. It hits so many of
00:35:28.140
these big topics at a very high level. So I think everyone needs to get educated.
00:35:34.220
Ultimately, you know, this is a climate for precious metals. We have to understand what
00:35:39.300
we have done over the last 15, 16 years here in the United States is created a massive debt-fueled
00:35:45.780
bubble. President Trump and the team are going to have to try and work it out. But I think ultimately,
00:35:50.480
some air is going to have to come out of that bubble if we're going to start to move to rebuild.
00:35:55.740
We need President Trump and the team to have the time to execute their economic plan. And in order
00:36:02.280
to do that, you know, we're going to have to get a curb on spending and get things under control.
00:36:06.880
But at the end of the day, as you and I know, precious metals in climates like this,
00:36:11.940
they are a safe haven asset and they perform. There's a reason we are setting records
00:36:16.000
every five days this year with higher prices. And it's being driven,
00:36:20.480
you know, by demand from central banks, by demand from investors. And we expect that to continue.
00:36:26.400
Median predictions now are, you know, gold anywhere from 31 to 3,300 an ounce by the end of this year.
00:36:32.420
I think it could push those limits as things start to get more volatile. So everyone needs to get
00:36:38.460
reading, stay educated, and call the Birch Gold Group.
00:36:42.500
When you say 15 or 16 years, correct me if I'm wrong, but that's basically back
00:36:50.240
to the financial crash of 2008. And what the established order did to save themselves is basically
00:36:56.020
a massive influx of liquidity for people that had real assets, people that had stocks, bonds,
00:37:01.520
to make sure there wasn't a collapse. And that's where we've been. We've had this really asset bubble.
00:37:06.020
The only time you've had any really restrictions of taking liquidity out of the market was for that,
00:37:12.120
I think, one year or 18-month period when Janet Yellen was Federal Reserve Chief. And she basically
00:37:17.660
took $1,000. She did quantitative tightening. It took a, excuse me, a trillion dollars off the
00:37:23.080
balance sheet of the Fed. That was in the year that President Trump, I think, put up three,
00:37:26.580
three and a half percent growth in 2019. But I tell you, your point is, we still have not come to
00:37:32.660
resolution on the financial crisis. We just had a debt-fueled recovery. And at some point in time,
00:37:39.720
we're going to have a margin call. And that's why gold right now is looked at as an alternative
00:37:44.060
store of value, I guess you would say? It's exactly correct. It's exactly correct. And there's a reason
00:37:51.560
that the middle class has been decimated throughout that time period. There's something called the
00:37:55.840
Cantillon effect. And I think broadly, it explains why we're in the position we are. When money's
00:38:01.660
printed, it goes through the banking system. The first thing it does is it inflates asset prices.
00:38:06.920
As it bleeds through into the broader economy, it, of course, drives the price of everything we spend
00:38:12.120
our money on, like eggs and bread and everything else. That's why it creates more economic disparity.
00:38:17.380
Those with assets, they benefit from the gross in asset prices, and then they lose in terms of
00:38:22.040
higher prices. Those that don't have assets, they just lose and lose and lose. And that's why
00:38:26.940
it is so important to get a handle on these problems. And like I said, in order to do that,
00:38:32.400
I think some air has to come out of the bubble, and we have to start rebuilding. And that's what
00:38:36.660
President Trump and the team are committed to doing. But as you and I have discussed,
00:38:45.200
A Kobayashi newsletter over on Twitter, which I think is excellent. If you're on Twitter,
00:38:49.980
you should follow it. Breaking news, U.S. Treasury Secretary Besson says,
00:38:53.560
quote, there is no signing plan, unquote, for minerals deal with Ukraine per Fox News reporter
00:39:00.040
on X. Just three hours ago, Reuters reported that Trump and Zelensky were planning on signing the deal
00:39:05.100
today. So the latest on that looks like no signing. May have come to terms agreed, but no signing.
00:39:11.860
So still away from the lip to the cup. Philip, if people want to find out more, and I strongly
00:39:17.920
recommend what you do is talk to the experts at Birch Gold. We try to give you tons of information,
00:39:22.820
make sure that you understand in this, you know, whether it's debt, deficits,
00:39:27.240
the modern monetary theory, all the intellectual background from it. We're very proud that a
00:39:32.940
professor, I think, at the University of Arkansas, a finance professor, is now making required reading
00:39:37.840
of his finance students. So everybody out there that didn't major in economics and finance in
00:39:42.920
college should feel pretty good that what we've been giving you and you guys have been loving
00:39:47.020
is college-level finance. Philip, where do people go to get to you and your team, though?
00:39:52.220
I want to make sure people, you've got great brochures about investing during the era of
00:39:56.800
Trump. We got the end of the dollar empire. We're partners in this effort because I wanted
00:40:02.120
to get as much information out free to people. And you guys were amazing about turning over
00:40:06.240
your analytical team. But where do people go to get access to you and your team?
00:40:11.400
Yeah, so it's very simple. It's birchgold.com forward slash Bannon, or they can text Bannon to
00:40:18.080
989898. That'll get them guides on how and why to invest in gold under a Trump administration and
00:40:25.140
importantly, the end of the dollar empire series. And they can reach me on social media. It's at
00:40:32.100
Philip Patrick on Getter. I'm trying to put out as much current information on the economy as
00:40:37.480
as I can. So at Philip Patrick on Getter there.
00:40:42.940
Thank you, brother. Fantastic. Remember, take your phone at Bannon at 989898 to get the free brochure,
00:40:49.880
investing in gold in the era of Trump, the ultimate guide, not kind of a guide, the ultimate guide.
00:40:54.860
Philip Pachter, thank you so much. I know during a trading day, it's tough to get you away from the
00:40:58.220
desk. Thank you so much, sir. I appreciate you.
00:41:03.720
Do we have time to play the clip on tariffs? Can we go and play? Let's go and play the cliff.
00:41:07.660
And I'll probably bring John Gardner in after the break. Let's go and play it.
00:41:14.900
And now to my fellow Canadians, I won't sugarcoat it. This is going to be tough,
00:41:22.740
even though we're all going to pull together because that's what we do.
00:41:27.000
This is a hammer blow to the Mexican economy. It's a hammer blow. I think within 100 days,
00:41:35.220
Mexico could be in a major, I don't know, recession or depression. He's done this for many reasons.
00:41:39.700
One is to get their attention on about the fentanyl labs, about the cartels. And I think
00:41:44.680
you're about to see, you know, Trump is winding down and negotiating down to get out of the kinetic
00:41:50.120
part of the Third World War for the forces in Ukraine and in Europe and in Russia and the
00:41:55.340
Eurasian landmass. He's going to negotiate now with the Persians as the Russians. It looks like
00:42:00.160
they could be intermediaries about that nuclear situation. But down in Mexico, I'm telling you,
00:42:05.500
just those guys should go pull the news stories, how it turned out for ISIS. Because between the
00:42:11.420
striker brigades down there, the 12,000 combat troops and combat logistics that Pete Hex,
00:42:17.560
that Secretary of Defense, has put down there, that's not for sealing the border.
00:42:20.240
The border right now is technically close to being secured. We got to build the wall. We got
00:42:25.560
to put other people down there, make sure this never happens again. But I'm saying for at least
00:42:29.520
an immediate operational basis. And they told you it can never happen. You had to pass the Senate
00:42:34.820
bill. You had to do all this. That was all a lie, all misrepresentations by the Republican
00:42:39.360
establishment, playing the game with the Democrats. And remember the core issues, basic issues,
00:42:46.360
root causes is the phrase, root causes. You had to do the root causes down Central America. Turns out
00:42:50.820
you didn't. What you had to do is get attention to people and take some action. President Trump
00:42:55.360
did that. These tariffs, though, also are the economic reset, the new economic model.
00:43:02.520
John Gardner, our next guest after the break, came up with this concept of external revenue
00:43:07.420
service that up until the beginning of the IRS, the whole burden was not put on American companies,
00:43:14.880
American entrepreneurs, and particularly American citizens called taxpayers. Under McKinley and all
00:43:21.040
the way back to Hamilton, it was really financed from overseas, from customs, fees, duties, tariffs,
00:43:27.780
you name it, baby. That's what they did. That's why the Boston Tea Party, all these things were so
00:43:32.200
big about trade, right, and about contraband. John Gardner is going to sit and tell us about tariffs,
00:43:38.880
the power of tariffs to bring manufacturing jobs back. You cannot divide what happened with Taiwan,
00:43:44.620
semiconductor manufacturing, what happened with Apple, with these hundreds of billions of dollars
00:43:49.880
of advanced manufacturing coming back to the United States, unless you think about the tariffs and the
00:43:54.660
threat of tariffs that President Trump had. Short commercial break. We're going to return in the
00:43:59.280
war room on the day of, by the way, Fat Tuesday, here in the war room.
00:44:03.860
You wish you could have invested in the stock market last year when investors scored the highest profits
00:44:13.920
in decades, but between that mountain of bills and credit card debt, you had nothing, and I mean
00:44:19.760
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00:45:22.240
We're going to try to squeeze every penny out of you because they have a massive deficit and
00:45:33.040
President Trump's going to try to get this sorted tomorrow night. Elon Musk is going to go to Capitol
00:45:37.020
Hill right now. It's been reported to me with the Republican conference. The one question I think
00:45:41.020
people were asking is, yo, dude, the Pentagon, $80 million, not enough. We got to find out what's real
00:45:48.160
in Doge. The firing for effect has been amazing. Democrats are in the back foot. People loving it,
00:45:55.780
but we got to have some reality. I mean, promised a trillion dollars. If it's not a trillion dollars,
00:46:01.280
that's okay. Just tell us what it's going to be because this is going to determine the negotiation
00:46:05.180
over the CR. Tax Network USA, tnusa.com slash Bannon. You get a free consultation and even more.
00:46:11.980
Or call 800-958-1000. Do not let the letter from the IRS sit in the desk. Please don't let that
00:46:19.120
happen. That's a no win. Not saying they can take everybody on. They don't commit to take everybody
00:46:24.140
on, but you get a free consultation. 800-958-1000. Take your tale of woe to them. They've heard it all
00:46:31.740
before. So make sure you go. Tax Network USA. Peter McElvain, a hat tip in London. Of course,
00:46:37.460
I did the live Sky News broadcast today. I'll play a little of that in the second hour. Their heads
00:46:42.300
were blowing up because I called Zelensky a punk and a crook on live British television. I don't
00:46:47.240
think they've heard that for a while, but you've been doing tremendous work here in the United States
00:46:51.760
from your broadcast and we pick it up every day and put you on our platform every day. You've been
00:46:58.140
doing great work. CTA, what is it? What has been the resolution? It's been a great victory for you and
00:47:03.700
the Trump administration, sir. Well, thank you, Steve. It's been the Corporate Transparency Act.
00:47:09.660
And yeah, I know you became aware of this and had me on maybe over a month ago. And this was a
00:47:17.720
reporting issue. You register your company at the state level. And this was a huge overreach by the
00:47:25.420
federal government that they wanted every small and medium company to register on their database.
00:47:31.000
And if you look at small, medium companies, it's over 40%, 45%, I think, of US individuals are
00:47:40.400
employed with small companies. So this was massive overreach. The federal government have no right
00:47:45.460
to ask about this. And you wonder what would have happened to that. Now, President Trump had posted
00:47:54.280
on truth. Exciting news. This was yesterday. The Treasury Department has announced that they are
00:48:00.940
suspending all enforcement of the outrageous and invasive beneficial ownership information
00:48:07.880
reporting requirement for US citizens. This Biden rule has been an absolute disaster for small businesses
00:48:13.740
nationwide. And of course, if you didn't register, then you were liable to fines of $591 per day and up to
00:48:24.340
two years in jail. So FinCEN have the Financial Crimes Enforcement Network. I don't think any small
00:48:32.640
business owner expected to have to register with a Financial Crimes Enforcement Network. It seems to be
00:48:39.220
that everyone was guilty unless proved otherwise. But that was the push from the federal government,
00:48:45.620
from the Treasury. Every small business would have had to go on this huge, huge database.
00:48:51.640
This has been held. The law still stands. But basically, there are no repercussions. There are
00:48:58.300
no penalties. There are no expectation to do that. And if you don't, there are no penalties. So the next
00:49:04.480
step will have to be to look at removing that law. But at the moment, the Treasury have said,
00:49:11.220
which President Trump reported yesterday, they will no longer be enforcing this crazy overreach
00:49:21.800
Brother McIlvaney, I can tell you that it was your show and the consistent you had guests on and
00:49:27.380
continue to talk about it coming on War Room that had a major impact over here with Scott Besson,
00:49:32.060
people at the Treasury and at the White House. So everybody wants to say thank you, particularly
00:49:35.200
entrepreneurs. You've nailed it. Another burdensome, you know, overregulation by the administrative
00:49:40.380
state. Sir, I know it's late in London. How do people get to the show? Everybody's going to want
00:49:47.600
They watch on War Room, Rumble and Getter. Every Monday, Thursday, we have guest interviews,
00:49:54.280
3 p.m. Eastern. And on Saturday at 3 p.m., we have a news review program. So this Thursday,
00:50:03.640
we have Ezra Levant from Rebel News up there in Canada talking about the great work they're doing
00:50:09.780
and the upcoming Canadian elections in five months, what's going to happen. So that'll be on Thursday,
00:50:17.280
Ezra Levant, that will be fantastic talking about Canada since the economic war just went to the
00:50:24.960
great white north. Peter McElvain, on social media, where do people go?
00:50:29.460
At Heart to Vogue UK on X and everywhere else at Heart to Vogue or hearttovogue.org is the website.
00:50:38.480
Proud of you, sir. And thank you very much from your American cousins here for helping us on this one.
00:50:47.280
President Trump's administration is on fire. And I'm telling you, when they pick up information
00:50:51.380
like this, this is the way you have to do it. This is why we love being a platform for people
00:50:55.680
coming up and saying things. They got their own podcast. There's so much information out there.
00:50:59.300
We've destroyed the mainstream media. It's just incredible. One of the people that are part of
00:51:03.960
this launching Lindell TV and Frank's speech and all of it and doing so much work about election.
00:51:09.180
We got this time. It was not just too big to rig. We were actually more organized. You had
00:51:13.600
500,000 people trained through our various programs. But there's still major issues. You look at down
00:51:19.000
ticket, there's a lot of questions in a lot of places like in Arizona and North Carolina, these
00:51:23.000
MAGA states. Mike Lindell, the attorney general of the state of Minnesota, is trying to shut down,
00:51:29.540
I can say, my pillow and shut down your voice, sir.
00:51:32.080
Absolutely. And Steve, I'm just reading the articles today, the Denver Post, the Washington Post.
00:51:38.280
I am now a prominent election denier. I wonder if I'm still a conspiracy theorist. They're attacking me
00:51:45.300
all about that because Tina Peters, obviously, that's all coming out now. And hopefully she gets
00:51:50.260
free very soon. But yeah, the attorney general is attacking me, Steve, the IRS. They're going in
00:51:56.480
full force, everybody. Why? They want me to shut up about the election platforms, which I'm never
00:52:01.580
going to do. You said it right. There's problems here. We have the worst selection platforms in
00:52:07.820
the world, and we are going to get them secure, no matter what. And Steve, I got a great special
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with the MyPillow, you guys, that's still going on. This is a War Room exclusive. $9.98, the MyPillow
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pillows on sale. Get the beds and the mattress toppers, 100% made in the USA. You guys have been
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our biggest supporters. My employees have been, you know, every day, I guess they're just getting
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one of the worst politicians that ever walked. Right next to Kirk and Jenna Griswold in Colorado.
00:53:09.080
I've been on the phone all day attacking, fighting back, fighting back, everybody. So God bless you.
00:53:14.280
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