Bannon's War Room - March 05, 2025


Episode 4313: Disruption Of The Deep State; Holding All The Cards In The Economic War


Episode Stats


Length

56 minutes

Words per minute

174.01248

Word count

9,790

Sentence count

750

Harmful content

Misogyny

6

sentences flagged

Hate speech

16

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

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

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 a decade and finally it's time to pay the piper. It's a fool's choice to go after Donald Trump and
00:00:07.860 they say if you're gonna go after the king you best not miss. Zelensky missed. Trudeau missed
00:00:13.820 badly today. I'm guessing these tariffs are gonna come down very very shortly. Steve I won't eat
00:00:18.180 any more of your time up. Love having you and have a great show and talk to you later on tonight.
00:00:24.640 Eric thank you so much. Eric Bolling will be uh will be with us. We're gonna do coverage of five
00:00:28.920 to seven with the war room and then we're gonna take a break. We'll be back eight to eleven with
00:00:33.380 all the stars in the galaxy of Real America's Voice. Real America's Voice uh from eight to eleven.
00:00:39.380 We're gonna cover the speech. We'll cover the president leaving the White House. Then the speech
00:00:43.000 uh then the return all of it with pre-game and post-game. Let's go ahead. We've got a cold
00:00:48.260 open. I want to start with and I'll bring in Natalie Winters from the White House. 0.89
00:00:52.880 Vladimir Zelensky says his country is ready to come to the negotiating table to end the war with Russia
00:00:58.540 as soon as possible. He also called last week's Oval Office blow up regrettable. Zelensky's
00:01:04.820 comments come of course after the Trump administration paused military aid to Ukraine.
00:01:09.760 Here's Vice President J.D. Vance. What the president has said very clearly about our Ukraine policy is
00:01:16.360 that he wants the Ukrainians to come to the negotiating table. We want the Ukrainians to
00:01:21.120 have a sovereign and an independent country. We think the Ukrainian troops have fought very bravely
00:01:25.840 but we're at a point here where neither Europe nor the United States nor the Ukrainians can continue 1.00
00:01:31.640 this war indefinitely. Hi there Chris. Well that relationship is still not good and yes this
00:01:36.360 pause in military aid a seismic shift in policy towards the U.S. ally. Billions of dollars in aid
00:01:44.120 now on hold. Now as you mentioned President Zelensky today signaled that desire to come back to the
00:01:50.200 negotiating table. He wrote online that he was grateful for the U.S. providing javelins. He also
00:01:56.620 talked about how the meeting Friday did not go the way it was supposed to and it's regrettable
00:02:01.680 that it happened this way. But Chris he did use the word regret in an interview on Friday after the
00:02:07.580 meeting. What he still has not done and the White House continues to point this out is that he has not
00:02:12.720 flat out apologized for what happened on Friday. Let's listen to more what Vice President Vance said on the
00:02:18.640 Hill just a short time ago. Look I think the most important thing a lot of people have made this
00:02:24.500 about public statements. President Zelensky needs to say that he's committed to the peace or President
00:02:29.280 Zelensky needs to apologize to the President. The public stuff doesn't matter nearly as much as what
00:02:35.140 are the Ukrainians doing to meaningfully engage on what a peaceful settlement would look like. We need 0.77
00:02:40.860 the Ukrainians privately to come to us and say this is what we need. This is what we want. This is how
00:02:47.000 we're going to participate in the process to end this conflict. That is the most important thing
00:02:51.840 and that lack of private engagement is what is most concerning to us. So the White House again saying
00:02:57.980 they have not seen that private outreach just yet. It could happen. It just hasn't happened as far as
00:03:03.840 we know thus far. And Chris it is expected to be a major topic in the President's address the joint
00:03:09.380 session of Congress later on tonight. I don't know. It's the Democrats suffered a difficult defeat in the
00:03:15.220 last election. It was only a few months ago. Democrats are a heterogeneous, sometimes slow-moving
00:03:20.420 party. It's going to take them a little while as an electoral vehicle to sort of get it together.
00:03:26.900 Losing parties often go through a difficult time. That's pretty par for the course. But the United
00:03:33.220 States, our civil society, the actors who can and should be defending democracy extend way beyond
00:03:42.140 the Democratic Party. It should include churches. It should include universities. It should include
00:03:48.720 business leaders. A whole range. It should include Republican politicians, quite frankly.
00:03:55.520 And obviously media figures. And so we shouldn't look, at least not exclusively, to the Democratic Party
00:04:03.020 because this is not just electoral opposition. This is a defense of the rule of law, of the Constitution,
00:04:08.980 and of our democracy. And all of our citizens. The good news is the United States has a lot of
00:04:14.240 resources. We have a really strong opposition, much stronger than Russia, stronger than Venezuela,
00:04:20.200 than Hungary, than Turkey. We have much greater raw materials to work with in terms of building and
00:04:26.140 sustaining an opposition to Trump. But so far, we've underutilized those resources. Everybody is sort of
00:04:32.320 laying low, kind of defending their own turf and worried about what can happen to them and not
00:04:39.440 speaking out. And that, I think, is dangerous. Mexico, China and Canada all say they will retaliate
00:04:44.140 with outgoing Prime Minister Justin Trudeau making a personal and direct appeal to President Trump.
00:04:51.160 Here's a big chunk of what he said today. We stepped up. We engaged closely and constructively
00:04:58.140 with the President and his administration. We did everything we promised. We stuck to our word.
00:05:06.400 And we did it because we believe in working together to protect our citizens.
00:05:14.980 Now I want to speak directly to one specific American. Donald. In the over eight years you and I
00:05:25.480 have worked together. We've done big things. We signed a historic deal that has created record jobs and
00:05:35.300 growth in both of our countries. We've done big things together on the world stage as Canada and the
00:05:43.540 U.S. have done together for decades, for generations. And now we should be working together to ensure even
00:05:53.800 greater prosperity for North Americans in a very uncertain and challenging world.
00:06:02.620 Now it's not in my habit to agree with the Wall Street Journal. But Donald, they point out that even though
00:06:10.100 you're a very smart guy, this is a very dumb thing to do.
00:06:15.140 What a session. A stomach-churning day for investors as the tariff tantrum initially sparked a sell-off
00:06:21.180 before a big intraday comeback. And then, just in the last few moments, a sharp pullback
00:06:25.620 here into the close. The Dow closing lower by about 700 points. That's the scorecard on Wall Street.
00:06:31.580 But the action is just getting started. Welcome to Clip.
00:06:34.540 This is the primal scream of a dying regime. Pray for our enemies. Because we're going medieval on
00:06:45.480 these people. Here's one time I got a free shot at all these networks lying about the people. The
00:06:51.640 people have had a belly full of it. I know you don't like hearing that. I know you try to do
00:06:55.600 everything in the world to stop that. But you're not going to stop it. It's going to happen.
00:06:58.620 And where do people like that go to share the big line? Mega Media. I wish in my soul,
00:07:05.380 I wish that any of these people had a conscience. Ask yourself, what is my task and what is my purpose?
00:07:12.760 If that answer is to save my country, this country will be saved.
00:07:18.960 War Room. Here's your host, Stephen K. Band.
00:07:22.380 Tuesday for March in the year of our Lord, 2025. There are decades in which nothing happens and
00:07:33.400 there are weeks in which decades happen. I think we're in another week like this.
00:07:38.320 The joint address to Congress or State of the Union, whatever you want to call it,
00:07:41.720 starts at nine o'clock tonight. Our coverage will start at eight o'clock from the White House.
00:07:46.700 We will go all the way through the conclusion of the speech. We'll have a vast global audience.
00:07:52.360 Then we'll have postgame coverage also with all the commentators and analysts and news people
00:07:59.060 here at Real America's Voice. It'll be wall-to-wall coverage. Breaking news as we're coming on.
00:08:06.400 The Bloomberg and Semaphore are both reporting that the Russians have stepped up and committed
00:08:12.320 to broker nuclear discussions to get a diplomatic resolution with Persia of this nuclear, you know,
00:08:24.880 the issue with them and nuclear weapons. The Russians have volunteered after President Trump 0.55
00:08:29.680 mentioned it in one of the phone calls. They then had a discussion when they were in Saudi Arabia
00:08:34.700 with the team, I think it was Steve Witkoff, and the team met with some of the Russian delegation.
00:08:38.600 They have now stepped up and said that they will help to broker discussions for a diplomatic solution
00:08:46.100 to Persia. Bridge Colby today went through his confirmation hearing. Remember all the complaints
00:08:52.180 that Bridge Colby is terrible. Bridge Colby is hated by the neocons because Bridge Colby does not want to
00:08:57.860 go to war in Persia, either with airstrikes or a land war. And of that, we 1000% support Bridge Colby.
00:09:05.480 He wants to pivot to East Asia. Now we got a little bit of difference in how hard you go,
00:09:11.060 but Bridge is a safe pair of hands. And right there, as we said, and I reiterated on Saturday
00:09:16.940 night when I talked to Israel 365, there is absolutely no need, no need at all for us to
00:09:22.980 get into another land war in the Middle East and particularly against Persia. It would be absolutely 0.98
00:09:28.180 ridiculous. There are many, many other ways to get there and to get a solution. Of course,
00:09:33.000 the Russians have stepped up. I would say, I think that is the Trump effect. Natalie Winters,
00:09:38.900 you join us from the White House. You saw that coal open, meltdown on President Trump's tariffs.
00:09:45.580 And I got to say, I thought Trudeau had a pretty good talk to the Canadian people. He's pretty
00:09:50.680 straightforward. He said, Hey, this is going to be hard. This is going to be very hard. And we got
00:09:54.140 to figure out how we're going to get through it. But everything from, you know, the pressure being put
00:09:59.000 on President Trump, of course, President Trump, after Zelensky apologized and said all the right
00:10:04.020 things, I think has concurred. And there may be some discussion tonight at the speech on the,
00:10:08.900 on the economic deal. As you know, we're not huge fans of that, but we understand President Trump
00:10:13.740 is, is being the peacemaker here as he is in, with Persia. So what do you got for us from the 0.92
00:10:20.680 White House, ma'am? Yeah, I mean, I think it's certainly another negotiating victory from President
00:10:27.380 Trump, right? Whether you're talking, uh, things like the art of the deal, all things tariff, all
00:10:32.820 things trade war, um, Denver, I can hear myself in my ears. So if we could stop that, that would be
00:10:37.920 great. Um, anyways, I digress. Um, sorry, Steve, the audio is really awful. Um, but I want to drill
00:10:45.560 down on the state of the union tonight. Can we, I'm sorry, Steve, I can't. Can you have done a
00:10:53.100 reboot my connection? Uh, yeah, yeah, yeah, yeah. Let's go ahead and reboot it. And we'll come back
00:10:57.200 to Natalie. Uh, tonight it's going to be, uh, tonight, President Trump is going to leave the
00:11:02.200 White House about eight 30. Our coverage will start at eight o'clock Eastern standard time. Uh,
00:11:07.920 President Trump will leave the White House with the first lady. Uh, my understanding, the first lady 0.97
00:11:12.540 at about eight 30 speech is going to take about nine o'clock. Remember this kind of some, some,
00:11:18.200 you know, President Trump has announced, he walks down the aisle, the handshake, all the
00:11:21.880 standing ovations and the, the, uh, speech is supposed to last, I think approximately an hour.
00:11:27.840 President Trump always normally goes what we call off the glass, off the teleprompter for a while and
00:11:33.180 kind of, uh, you know, does his own thing. I see he gives comments on news of the day or more emphasis.
00:11:39.160 Uh, there's all types of stories out there about some of the Democrats,
00:11:42.440 are going to try to disrupt it. Uh, I think maybe even, maybe even they are getting, uh,
00:11:47.480 getting pushback on that, but there may be some disruptions tonight. Of course, uh, many members
00:11:52.000 of Congress are going to bring their, uh, uh, various people with him. I think a lot of these
00:11:55.960 folks have plus ones, so they'll be in the audience. And of course, President Trump's going to bring
00:11:59.800 some surprise guests. I'm sure he'll announce that. Let me go back to this. It's, it's, it appears
00:12:05.300 that Zelensky, and you heard in the open, you heard Vice President Vance talk about it,
00:12:10.520 uh, that, uh, you know, Zelensky has tried to kiss and make up. He's tried to, uh, say that he's a
00:12:18.140 trustworthy guy and you can do a deal. I don't believe any of that. I was on Sky News a little
00:12:22.020 while ago, shocking the British. They were absolutely appalled when I called Zelensky a punk and a crook
00:12:28.920 because he is a punk and he is a crook. But I understand that President Trump, who is magnanimous
00:12:34.400 and President Trump, who has a, uh, who has a larger, uh, you know, a, a larger set of issues
00:12:40.260 to try to bring peace. But let's not bury the lead. The lead shows in a rapprochement with Russia
00:12:47.300 how the world can be. Right now we're on tenterhooks in the Mideast, and it's not just about the Muslim 1.00
00:12:52.800 Brotherhood, Hamas, and Gaza. It's not about Hezbollah and the fighting's taking place in Southern
00:12:57.440 Lebanon. It's not even about the new incursions and all the concern people have in Syria, right?
00:13:03.540 Since Turkey, uh, since Turkey took down Syria and crushed Syria. Really the threat of war there is
00:13:10.440 about a general war in the Middle East around Persia, particularly Persia's nuclear weapons
00:13:15.160 capability. It's been reported by Bloomberg and Semaphore that the Trump administration is in
00:13:21.940 discussions with the Russians about brokering. The Russians have volunteered this about brokering
00:13:26.080 diplomatic discussions, essential talks to somehow, uh, unwind this issue of, uh, nuclear threat in
00:13:34.800 the Middle East, a regional threat. That's progress, folks. That is what we call beating swords into 1.00
00:13:41.360 plowshares. That's what President Trump is about. He's about peace and prosperity and all the jackals
00:13:48.220 in the NATO and all the jackals in the EU and all the big talk in France and in the United Kingdom,
00:13:55.380 they're going to do this, they're going to do this. Call their bluff, Mr. President, call their bluff.
00:13:59.860 Put up or shut up. The United States has been putting up for a long time. It's time for, uh, NATO
00:14:07.400 and the EU to go to their people and tell them about what the economic hardships would be
00:14:12.340 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
00:14:32.680 the Canadians and the Mexicans and also the Chinese Communist Party. And the European Union ought to be
00:14:38.460 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.
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00:16:40.680 Okay. So many things happened today. Positive news out of the Middle East with Persia. 0.99
00:16:55.820 Zelensky has agreed to sign the deal. There's been no security guarantee, is my understanding,
00:17:01.840 and we will be all over that. That is what Zelensky was trying to be a punk about the other
00:17:06.240 day and got shown the door. And I hope no one has acquiesced. I'm sure President Trump has not,
00:17:10.580 but you never know kind of what is whispered in people's ears. So we'll drill down on that. I'm not,
00:17:15.780 I would say I'm not particularly excited about getting into an economic relationship with Ukraine.
00:17:21.700 As you know, we're big believers in just walk away. We've done all we can do. We've done all we
00:17:27.260 should have done. We've done more than that. It's now Europe's issue. President Trump should
00:17:31.820 focus on the rapprochement with Russia. And you see what happens. You see what happens. One of the
00:17:38.260 thorniest issues we have in the world is this whole controversy about Bridge Colby today.
00:17:43.220 Bridge Colby, Tucker, and Kurt Mills, and others have been saying, hey, we can't get sucked into
00:17:46.960 another land war in the Middle East. You know, we had the disaster in Iraq, the disaster in
00:17:52.560 Afghanistan. We can't do that. And that's been this huge controversy. And by the way, I think Bridge
00:17:57.240 Colby did a very good job and he will definitely be confirmed by the United States Senate. I don't
00:18:01.040 think that's any, um, any doubt, but right there, you see what the beginning of a relationship and
00:18:07.840 you can't, you know, the sky news asked me today, what do you trust Putin? I said, no, I don't trust
00:18:12.300 Putin. He's cagey, but I don't trust him at all. Just like Churchill didn't trust Joseph Stalin.
00:18:16.780 So don't sit there and ask me some pimpy question. Okay. Uh, Natalie Winters, let's go
00:18:22.520 back. Hopefully your audio, your tech issues are solved. Uh, set the, set the stage for us today,
00:18:28.080 ma'am. Well, I think to set the stage, we have to really do a compare and contrast and just
00:18:34.740 juxtapose where we'd be if we were standing right here, although I probably wouldn't be standing on
00:18:38.520 the white house lawn had Kamala Harris one, you know, they would have authorized the long range 0.95
00:18:42.900 missiles right for use in Ukraine. They would have plowed through who knows how many more
00:18:46.680 billions of dollars that conflict would be beyond the point of return. Who knows if this country
00:18:51.420 would still even be standing in contrast, right? You have president Trump who, and what about one
00:18:57.560 month has been able to really through a myriad of geopolitical and global affairs, been able to,
00:19:03.040 I think, turn the tables and reverse course on something that I think, frankly, we didn't even
00:19:07.960 know was truly possible. And I think the Ukraine flashpoint, you just sort of extended that to what's
00:19:13.020 going on with Russia and Persia is sort of the other side of the coin of that. Um, obviously 0.89
00:19:18.220 tonight he is expected to announce that he will be signing on to that mineral deal with Ukraine.
00:19:23.320 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
00:19:28.420 dangerous trap in terms of the fact that they've destroyed Ukraine so they can rebuild it in the 1.00
00:19:33.660 line of, I think, a kind of world economic forum, globalist, global government model. And when you look
00:19:38.520 at the entities that are involved in the rebuilding of Ukraine, that's of course BlackRock and JP
00:19:42.960 Morgan, they've treated it sort of as a sovereign wealth fund investment type venture. Um, I think
00:19:47.900 the fact that the United States is somehow going to be embroiled in all of that isn't necessarily,
00:19:51.980 um, you know, what president Trump's most loyal of supporters want, but have you, as you've always
00:19:57.160 alluded to, right, it's leadership, it's compromise. And I think we've sort of seen that play out
00:20:02.340 time and time again. And I think that the theme of his speech tonight, which dovetails with so many
00:20:08.360 of the guests that they've announced that there are still some surprise guests, uh, that, that
00:20:12.800 we'll, we'll be seeing soon. I think it really shows a reversal of the kinetic warfare that the
00:20:18.920 Biden regime was waging on the American people by allowing an invasion of what, 400,000 people a
00:20:24.260 month. Now we're actually deploying troops to the Southern border. I think we've seen a reversal of
00:20:29.100 information warfare, right? Whether it's the white house correspondence association, getting kicked
00:20:33.900 out new media now having a voice in the briefing room. And I think most poignantly,
00:20:38.180 we've seen the reversal of economic warfare, right? Instead of inflation being, you know,
00:20:43.180 absolutely waged against the United States and against the average American working class,
00:20:48.780 of course, dovetailing with immigration policy. Now we're actually seeing whether it's the tariffs
00:20:52.800 or mass investment, or frankly, even, I just think continuing to sort of stop this endless flow,
00:20:59.020 the just pouring out of fund after fund aid package after aid package to Ukraine. So you're seeing a
00:21:04.680 reversal. And I think it aligns quite nicely, um, with president Trump's obviously America first
00:21:09.300 agenda, but you're seeing it on full display right now. And I have to say, it's not a very happy mood
00:21:14.720 right now in the briefing room. I think there's a lot of, uh, sad Ukraine diehards in there who are
00:21:19.960 sad. They're not going to be getting more aid packages. Uh, or I guess maybe they've just drank
00:21:24.360 the Kool-Aid and they think that democracy is going to be over tomorrow.
00:21:29.460 Natalie, what's the, what's the feeling at the white house? Look, there's a world of problems.
00:21:32.920 Obviously, uh, you know, president Trump started the terror, started the kind of economic warfare
00:21:36.680 part last night. Um, he's trying to set things right. You got troops on the border. They just
00:21:41.400 announced, as you said, uh, the lowest ever we've shut the invasion down in, in under 40 days,
00:21:46.660 not, not the years they told us it would take, but what's the attitude among the staff and the
00:21:51.520 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
00:22:01.640 or so of their administration, who's been able to walk and give a joint session address with the
00:22:06.020 number of accomplishments that this administration has. And in part, it's because of, I think the
00:22:11.320 wonderful work that president Trump has done, but I also think it's because of just the absolute
00:22:15.120 very just awful, uh, deck of cards or rather hand of cards that, uh, president Trump was
00:22:21.260 dealt right from Joe Biden, the stolen election, I guess had a diminishing returns. Um, but I will
00:22:26.720 say, I think it is interesting to sort of answer that question too, to look at how the other side
00:22:31.440 is reacting to it. Um, there's a mass demonstrations going on across the country today. There's a huge
00:22:37.980 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.
00:22:48.100 We know that that's textbook color revolution tactics in terms of the fact that they're trying
00:22:53.260 to astroturf these, this idea that there's so much grassroots opposition to what president Trump
00:22:58.500 is trying to do. We've seen this of course, with the idea that all of these protesters that are
00:23:02.760 popping up at these town halls are just, you know, random nonpartisan individuals. Turns out that
00:23:08.200 they're being bankrolled by groups that we've really highlighted here on the war room groups like
00:23:12.240 move on and indivisible. Um, I think black lives matter. A lot of these sort of swampy, 1.00
00:23:17.820 shady, dark money, Arabella advisors, George Soros, you know, S groups are now sort of assembling 0.89
00:23:23.480 outside the white house. But if you really look what their big gripe is, what they're sort of
00:23:27.720 attacking this administration for, I've seen all the signs they're attacking president Trump for being
00:23:33.040 a felon. And they're saying that Elon Musk is a billionaire. They don't really have that much
00:23:38.000 to hurl against this administration because I think they can't accept it, but he's actually
00:23:43.040 been quite successful. And if they really want to protest against, I don't know, something as
00:23:47.700 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. 1.00
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. 0.75
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?
00:27:19.780 Natalie G. Winters on all platforms.
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
00:28:36.720 on the other side.
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00:30:07.640 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
00:30:25.900 getting started. Welcome to Clive.
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. 0.99
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 0.96
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,
00:38:40.580 it's going to be a very tough job.
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.
00:41:00.560 Thank you, Steve.
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, 1.00
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 0.90
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 0.96
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
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00:45:15.180 with one of their strategists. It's free. Go to donewithdebt.com. That's donewithdebt.com.
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
00:49:18.720 of legislation.
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
00:49:45.540 to watch it now. Where do they go?
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,
00:50:16.220 3 p.m. Eastern.
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.
00:50:43.920 Appreciate you.
00:50:45.020 Thank you, Steve.
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
00:52:14.880 with the MyPillow, you guys, that's still going on. This is a War Room exclusive. $9.98, the MyPillow
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00:52:52.840 our biggest supporters. My employees have been, you know, every day, I guess they're just getting
00:52:57.560 used to being attacked. And even in our home state by our own attorney general, the worst,
00:53:03.240 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.
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