Bannon's War Room - Episode 4317： Turfing Out The Spineless Representatives Who Betray Their Country

00:00:00.000 gave his joint address. We saw Democrats do all sorts of things. Some didn't show up,

00:00:03.860 some wore protest t-shirts, some walked out, some hauled up little paddles saying,

00:00:07.340 I don't like this. But they all had one thing in common. All of their actions

00:00:11.420 were widely panned as a bad idea. They couldn't agree among themselves on what to do.

00:00:16.700 You were there. I was there. I understood before going in, there was disagreement about how to

00:00:21.040 protest, whether protest was tolerated. Those who wanted to protest were strongly discouraged from

00:00:25.860 doing so. That's why you saw what I'm calling the popsicle stick protest where they waved

00:00:29.880 their little signs. And then when you interview them and ask, I do my work on social media. I hear

00:00:37.560 from people all the time. They're saying, why aren't the Democrats doing more, fighting back

00:00:41.800 more aggressively? We want to see action. And when I put this to them, Democrat after Democrat said to

00:00:47.240 me, we are. We're winning in the courts. You're not the courts. You're here. Now, they don't have

00:00:55.060 the majority to legislate, but they can make trouble. They can make good trouble. They can

00:00:59.160 make noise. They can, you know, propose legislation. That was one thing. And then the other message I

00:01:03.720 kept getting is for members, they'd say, we need the public to get so outraged that they're

00:01:09.340 calling us nonstop, making it impossible to go through the day. And Republicans and Democrats

00:01:16.360 like will pressure the White House for change. And you're like, you need the people to get you to do

00:01:21.000 your job. It's just a very strange message from leaders. That's not leadership. Now, I appreciate

00:01:28.160 it's a tough spot for them. But if you just remember back to the pandemic for a moment,

00:01:33.240 plenty of criticism of Andrew Cuomo for a million reasons. He did a presser every day at 10 a.m.

00:01:37.780 And it was must-see viewing because he gave the information people wanted. Democrats could start

00:01:42.680 that tomorrow on YouTube. There are a million options they could do that they're not doing.

00:01:47.460 They're leaving it on the table and their voters feel abandoned. Destroy the country from within.

00:01:53.160 You would do everything Donald Trump's done in his first 50 days. You would wreck the economy. You

00:01:56.960 would suspend the services from the federal government and you would demolish our security

00:02:00.820 alliances with the West. I found what happened in the White House last week, maybe the most

00:02:06.520 unsettling thing of all the years of Trump's presidency. Greater than Helsinki, maybe greater than January 6th

00:02:12.320 for this reason. If you play out the sequence of this on a chessboard, what Donald Trump may knowingly have

00:02:19.600 done, which is exactly what Putin would have wanted, is when you abandon Ukraine, Europe now has to rush to

00:02:26.720 Ukraine. Europe doesn't have a choice and they have to strengthen their bond with Ukraine. And if Donald Trump

00:02:33.980 decides out of his own vanities, wait a minute, Europe, you're not following my direction. You could fast forward a

00:02:40.340 couple of years. The United States is in a power axis, an alliance with Russia and China against the

00:02:47.020 interest of Europe. And Europe sees the U.S., Russia and China as an adversarial alliance against their

00:02:53.920 interests. It is the complete undoing of NATO, but it is a repositioning of the U.S. position in the world.

00:03:00.620 That is that is realistic. This is more than just the United States and Donald Trump abandoning the

00:03:06.940 defense of Ukraine in the face of Russian aggression. This is pushing Europe into a stronger

00:03:12.760 role that Donald Trump has told them he doesn't want them to be in. He doesn't want a stronger NATO.

00:03:17.820 And now Europe's going to say we are going to strengthen NATO. Macron actually addressed the

00:03:22.160 French people just in the last 24 hours, essentially alluding to this. If Donald Trump says,

00:03:27.620 screw you, Europe, I'm getting greater reception and sympathies from Russia and Putin.

00:03:33.200 We could end this Trump administration with a new axis and a new alliance of Russia, China and the 0.98

00:03:39.260 United States.

00:03:39.880 This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on

00:03:51.040 these people. I got a free shot. All these networks lying about the people, the people have had a belly

00:03:58.120 full of it. I know you don't like hearing that. I know you try to do everything in the world to stop

00:04:02.040 that, but you're not going to stop it. It's going to happen. And where do people like that go to share

00:04:06.380 the big line? MAGA media. I wish in my soul, I wish that any of these people had a conscience.

00:04:14.640 Ask yourself, what is my task and what is my purpose? If that answer is to save my country,

00:04:21.540 this country will be saved.

00:04:24.720 War Room. Here's your host, Stephen K. Vance.

00:04:27.960 It's Thursday, 6th March in the year of our Lord, 2025.

00:04:38.460 Bop, bop, bop, bop, bop, bop, bop, bop. Where do we start?

00:04:42.720 Well, let's take David Jolly. This was MSNBC. I don't understand a business model

00:04:48.480 where you've lost, I don't know, 50% of your audience, the greater part of your 18 to 35,

00:04:56.960 you know, the younger people, the one that everybody wants. You've, um, you're, you're 0.65

00:05:02.740 blowing out anchors left and right, yet you still have the same contributors that led to

00:05:10.240 this massive defeat and didn't know anything. And like Claire McCaskill, David Jolly, these

00:05:15.120 kind of hack, uh, particularly in Jolly's case, one, you know, backbench congressman that

00:05:20.320 don't know anything. And the poison you're putting in people, also the leading information.

00:05:25.360 No, uh, David Jolly and, um, that was Stephanie Rule, who's normally pretty smart. It's not a

00:05:34.940 Russia, United States, Chinese access. You're, you're missing the point here. You're missing

00:05:40.020 the play. This entire geopolitical reset. It's not a reset. This entire geopolitical, um, it's not a

00:05:54.420 pivot. It's this entire geopolitical, geostrategic, geoeconomic reformulation, the greatest since the

00:06:04.780 Second World War. And the Second World War got us halfway through the bloodiest century in mankind's 0.77

00:06:13.900 history. Always remember that. From August 1914 to the Berlin Wall came down in November of 1989,

00:06:21.080 the short 20th century. The bloodiest century, the most barbaric century in the history of mankind

00:06:28.460 because of advanced technology, technology getting ahead of human nature. What President Trump is

00:06:35.940 doing, and at the same time, restructuring the government of the United States with taking down

00:06:42.200 the administrative state and the deep state, um, and at the same time, re-purposing or a massive

00:06:52.300 redirection of the business model of the United States of America is nothing short of monumental,

00:06:58.500 historic. We haven't seen this, and quite frankly, if he took all the Great Depression,

00:07:04.700 right, and leading up to the, to the, um, the second drop of the Depression, 1938, the first,

00:07:11.980 obviously, 1929 to 1932, and 32 in this first couple of years of, um, FDR were terrible.

00:07:18.220 Then it came up a little bit because they tried everything and then dipped again at 38, came

00:07:23.600 back with the beginning of the war and the ramp up of industrialization. What Trump is doing

00:07:31.220 is beyond historic. It is never because he's, he's, he's concentrating everything we learned

00:07:39.900 from the Depression and the, uh, post-war international rules based order, and he's turning it on its

00:07:46.780 head simultaneously. Who gets this? And David Jolly should read this today. Alex Leary over at the,

00:07:55.100 uh, Wall Street Journal has a monumental piece that really gets to kind of the strategy that

00:08:00.440 President Trump's doing. I need Grace and Mo to let's get that out there and let's figure out how

00:08:05.200 to get it out so people don't need to go behind the paywall because it's a must read. And it lays

00:08:10.600 out the case for what President Trump is doing, which is in what the Chinese are studying. She

00:08:17.160 and his senior people are now going back and saying, Hey, we got, we have to understand how

00:08:23.880 the West isolated, uh, isolate the Soviet union, the Bolsheviks and using China to do that at,

00:08:33.800 and then with Reagan took down the evil empire. That's how concerned they are. They see the play

00:08:40.720 of President Trump, the rapprochement with Russia. It doesn't, it not abandoning Europe. You're actually

00:08:48.900 doing something that should have been done at the end of world war two or at the end of the cold war

00:08:53.600 that hasn't been done yet. And that's a rapprochement with really the allies that won the war,

00:09:00.620 the great war against fascism, the 60 some million people killed in Russia with the United Kingdom

00:09:07.500 and the United States to actually bring a lasting peace, a lasting peace because this war was driven

00:09:15.500 by the globalist. Yeah. Putin's a bad guy. He's a terrible, terrible guy. He's KGB. Joe Stalin was

00:09:21.280 a terrible guy too. Worse a thousand times worse. Not only did we dealt or deal with him, we, we, 0.98

00:09:27.400 if without the Russian army, without the red army, I don't know if world war two would ever come to 0.99

00:09:32.360 conclusion. They came to the casualties for the Americans and casualties for the British would

00:09:36.020 have been too high. This is why D-Day didn't happen until 1944. And that was basically forcing the

00:09:44.520 British to do it. President Trump is thinking at a very deep level and he's looking at the world,

00:09:50.160 at the chessboard he was given. And this ties together Panama and Greenland, the naval strategy,

00:09:56.220 the Pacific, the three island chains to really have hemispheric defense, secure the United States

00:10:03.100 for the first time. This is the whole reason, one of the big reasons of Canada is a 51st state,

00:10:07.340 not just the, in the economic integration, but the Arctic, you would have Alaska, Canada,

00:10:12.660 and Greenland. You'd be able to keep the Chinese Communist Party from taking the strategic high 0.95

00:10:18.580 ground of the Arctic of which they're very focused on doing. At the same time in this rapprochement

00:10:24.560 with the Russians, it was, you know, we talked about the article yesterday where it's been leaked

00:10:28.900 that Steve Witkoff and the team in Riyadh, the Russians have already said, Hey, we will do whatever

00:10:34.540 we need to do to make sure that we get you two into a room with the Persians and talk about how 1.00

00:10:40.980 we get some sort of control over this nuclear program of the Persians. So it's not weaponized

00:10:46.720 and there's no threat to Israel or to the UAE or Saudi Arabia with a tactical nuclear weapon

00:10:52.300 in the region. That's what a peacemaker does. This is what Trump does. You saw Trump in total

00:10:59.600 command at the state of the union behind the scenes. What's he's, what he's doing is, is monumental

00:11:05.680 beyond historic. And the Chinese Communist Party see it. They see that they're being

00:11:11.540 isolated. They see they're being isolated in the Eurasian realm. I said, David Jolly, don't throw

00:11:16.400 out the crap and the nonsense. Oh, it's an alliance between the Chinese Communist Party and Russia 1.00

00:11:20.480 and the United States and going to leave poor little Europe. The European elites are deadbeats. 0.97

00:11:25.140 What did I tell this guy, the news host? And she's looking there shocked, never heard it before. 0.74

00:11:31.880 I said, yo, girl, all this talk of Macron and Starmer and they're going to do this and they're

00:11:38.460 going to do that. And this is what I've been telling. Call their bluff. Call their bluff.

00:11:44.420 It's not time to rearm. It's time to make peace. Do we trust Putin? No, we don't trust him.

00:11:49.580 We don't trust Joseph Stalin. What did President Reagan say? Verify. You have to have an ironclad

00:11:57.080 deal. You have to have integrated economics. They had all this big talk. They came out, you know,

00:12:04.540 Vandley and Macron. Macron addressed the nation, I think it was last night. He addressed the nation

00:12:10.120 and said, hey, we're going to get up our own army. The American, we can't depend on the United States.

00:12:13.860 America, the bond market turfed him out today. The Germans are for all of them. I told you the 1.00

00:12:22.420 bond market gets a vote. It turfed out Liz trust. What did I tell the, the, the, the, um, anchor

00:12:29.560 of Sky News? I said, what are you talking about? You guys can't afford this. The American, the working

00:12:35.820 class America sons and daughters been doing, but we've been underwriting the whole thing.

00:12:39.640 And in fact, the United States were so integrated into European security. Just, if you pulled,

00:12:45.260 it's not just pulling out of an alliance, you're taking the basic infrastructure in spine

00:12:50.320 of European defense that we've had since we hit the beaches of Normandy. 0.52

00:12:57.400 It's ridiculous. And when they talk big in Germany, remember when they came to the, to the oval 0.97

00:13:02.200 and talked to me with Merkel, I was assigned to talk to their, to their, um, national security

00:13:07.600 virus, but they're 2%, which they've been deadbeats on. They go, you don't understand.

00:13:11.060 We have a balanced budget amendment. I said, yo, we helped draft your constitution after

00:13:16.820 we bombed you back into the stone age because you were Nazis. So don't sit here and tell 0.98

00:13:22.200 me about your balanced budget amendment in the constitution. Hell, we got tens of trillions

00:13:29.000 of dollars in debt. One of the reasons we have a trained out defense budget. One of the reasons

00:13:32.860 because we're underwriting deadbeats like you step up to the plate.

00:13:40.000 They talk big talk. They're going to do this 800 billion. They're going to do that.

00:13:44.420 The bond market puked all over it. And bond market basically told them, Hey,

00:13:51.000 we'll turf you guys out just like Liz Truss. Cause you don't have the money. 1.00

00:13:55.040 England. And this has other getting on JD. JD didn't say anything. JD was very respectful.

00:14:01.860 Vice president Vance was respectful. All that nonsense about the troops nonsense, but they

00:14:06.700 had to face reality, particularly the United kingdom. Who's been our ally since the beginning

00:14:11.200 of the 20th, the 20th century outside the city of London. It's a developing nation. You don't 0.99

00:14:17.700 have the money. You're broke. You're not going to talk big talking or send troops. Are you going

00:14:21.860 to do all this? You guys are all broke. So what do you want to do? Throw yourself into the depression

00:14:26.740 for building this? The Russians have lost 800,000 men dead or wounded, according to Ian Bremmer,

00:14:32.080 800,000. They're not to Harkiv yet, much less Kiev. They ain't going across Poland. They ain't going

00:14:39.160 across Germany. They're not going to go into France with tank columns. It's not going to happen. It's a

00:14:43.620 dangerous fantasy of the globalists in Brussels, Davos, the EU and NATO dangerous and the bond

00:14:51.700 market. Told them that yesterday. More on President Trump in a moment.

00:14:57.020 Have you seen the news from economists forecasting a depression? I'm not talking recession. I mean

00:15:06.640 depression by the year 2030. We're in a perfect storm as Social Security and Medicare hit a breaking

00:15:12.820 point with the largest generation hitting retirement. A smaller workforce means a smaller tax base.

00:15:19.880 Pair that with our growing national debt and rising cost of living and you got a problem and I mean a

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00:16:34.580 by Don Jr. Birch Gold. Do it today. 50 billion dollars spent by the U.S. and Ukraine. The real

00:16:43.840 number 120 billion and as you say paused and just to make a mention the reason this line isn't as

00:16:50.860 continuous as this line is because of huge fights in the U.S. over aid to Ukraine. A lot of opposition.

00:16:57.240 Eventually we did do it. Europe, 138 billion dollars. More than us, not 100 billion as he claimed. And by

00:17:05.760 the way, Europe at the moment is putting together a massive amount of additional aid. And as you just

00:17:10.720 alluded to, we are cutting back on what we are doing for the Ukrainians.

00:17:17.140 Ratner, you're supposed to be, Ratner was supposed to be Secretary of Treasury under Biden. They passed.

00:17:22.080 He's the numbers guy. Never actually on top of the numbers for Morning Joe.

00:17:27.960 This is kind of goofball city. We're going to get more into Ratner in a moment because I got to get

00:17:31.340 back to Capitol Hill and the CR because this is all inextricably linked. But I want to do the

00:17:35.560 geopolitical part first because this is how you're going to get a trillion dollar defense budget

00:17:40.780 under control.

00:17:44.120 Want to bring in. So when he said they're stepping up, no, they're not going to step up.

00:17:49.200 It's not real. It's a fantasy. It's a dangerous fantasy.

00:17:53.120 The global bond market told him last or today, last night and today they threw up all over it.

00:17:59.620 These guys don't, they're all about to have sovereign debt crisis. They can't leverage up

00:18:03.780 additionally and more and do more deficit finance, borrow more money for arms.

00:18:10.860 It's absurd.

00:18:14.580 If President Trump, first off, he deserved the Nobel Peace Prize for the Abraham Accords,

00:18:21.360 which still hang even given what happened on October 7th. We're actually going to have a,

00:18:27.540 one of the senior members of a brigadier general from the IDF retired, talk to us about the new idea.

00:18:33.560 President Trump threw down again last night, gave the Muslim Brotherhood Hamas another deadline.

00:18:40.140 So we're getting back to that and also the, what's happening in Syria and what's happening in

00:18:44.160 Lebanon later. They threw up all over this thing because it's, it's irrational. What President Trump

00:18:50.440 is doing is totally rational. Wall Street Journal. They go step by step by step, but what he's doing on

00:18:56.700 tariffs, what he's doing economically, what he's doing, uh, geo-economically, geo-strategically to

00:19:02.180 isolate, to isolate the Chinese Communist Party. First to break them as a hegemon in East Asia and 0.84

00:19:09.680 then to roll up the whole thing and do it in decoupling. So you see a lot of things around people.

00:19:15.940 Look, that's the, you can see the master plan. The Wall Street Journal, Alex Leary is one of the

00:19:19.780 best writers over there. Got it. It's a definitive piece. Everybody ought to read it because you got

00:19:25.680 Ratner and Morning Joe and all they're doing is Trump hate and they're doing it understanding that

00:19:32.800 is not what President Trump's doing. And once again, they're trying to build a firestorm so we

00:19:38.240 can't get a raw push mine with Russia. It's not going to work this time. Not going to work this time.

00:19:43.080 You and Brennan, these, Brennan, these guys got to be, ought to be in jail now, ought to be in prison now. 0.98

00:19:47.660 They're traitors. Traitors. 0.99

00:19:52.460 Colonel Mills, you brought up an interesting point. Tell me about that.

00:19:55.420 Tell me about the tweet you've got about how they're financing this, right? They're actually

00:20:00.220 financing this by, if we said one thing to freeze assets, we froze the, the, the Persians assets is

00:20:06.460 one thing to freeze assets. It's another to actually take their assets, steal the people's assets and

00:20:12.400 monetize it for weapons against them. We did not do this to the Nazis in World War II. The United States

00:20:18.140 did not do it to Imperial Japan in World War II, right? We didn't do it to the Soviets in the Cold War 0.63

00:20:24.000 when we were 90 seconds away from launching nuclear missiles, right? It was not done. Tell me, tell me

00:20:30.100 what, what your and others are doing to Russia and the Russian people to pay for this now fiasco, sir.

00:20:37.660 Yeah, thank you, Steve. I mean, freezing assets is freezing assets. It's done in international

00:20:44.720 relationships. Spending those freezing, those frozen assets, that is all, that is essentially

00:20:51.280 an act of war. That is outrageous. So when Zelensky got, was thrown out of the White House and went to

00:20:59.600 Europe, he talked to the Brits and the French and the Brits and the French say, hey, we're going to

00:21:04.780 massively increase defense spending. I go, really? How is that possible? They both hover

00:21:10.100 around 2% of GDP, atrociously underfunded militaries, incredible bureaucracies that make

00:21:18.060 the Pentagon look efficient. And it's nothing like what they used to be during the height of

00:21:22.220 the Cold War. And I go, how are they going to fund this? And then I read the fine print and it says

00:21:27.100 they're going to spend the frozen Russian assets. That is like a threat of nuclear war. I mean,

00:21:34.820 this is, this, I don't want to hire any globalist preach about international norms of behavior.

00:21:41.260 Spending frozen assets is absolutely outrageous and essentially an act of war. So they're going to

00:21:48.740 fund their buildup by spending the Russian people's money? Absolutely not. That is,

00:21:54.500 that is absolutely unacceptable. So, so rate, we still have a hundred billion of frozen Iranian 1.00

00:22:01.280 assets. Uh, you know, it's, it's a cottage industry in New York city banks that specialize

00:22:06.440 in the escrow of frozen assets, but we don't dig in and spend those frozen assets. Totally outrageous.

00:22:14.400 No, it's like, it's economic war of the, of the highest degree. Um, talk to me also,

00:22:19.240 you've done some analysis because this is the other thing on the other day with the, the, um,

00:22:23.520 with the young woman at sky news. I said, there's, there's no chance of the United States is out.

00:22:29.600 And right now we've said no more arms. President Trump is out. He wants to bring the shooting to

00:22:34.760 an end. He realized the Linsky and these guys, they have to keep shooting. They started yesterday. 0.96

00:22:38.640 They're warmongers and not just that they're set up. Their economics is they have to be at war.

00:22:43.960 This is what he's trying to break. Tell me, you've got a chart. You've got a chart or two that shows

00:22:49.160 us the, the, the, the, the deltas in this, don't you? Yeah. You know, let's show the stadium chart,

00:22:54.460 please, Denver. This is the difference in military spend between us, the Brits. And, uh, look,

00:23:01.760 look at this here. So what is this chart on the left? Those are Wembley stadium equivalents,

00:23:07.120 roughly 90,000 to a hundred thousand, uh, on the right. Uh, that's Ann Arbor stadium. That's a

00:23:14.340 hundred thousand. So the size of our military active guard and reserve and civilians, that's

00:23:19.400 about 2.8. That's 28 Ann Arbor stadiums. Look to the left, the Brits, the entire British military,

00:23:28.700 plus their incredible bureaucratic white hall can fit into Wembley with a little overflow into the

00:23:35.620 next door Costco parking lot. There's a Costco right next to Wembley. Okay. That's the size of

00:23:40.700 the Brits one, their entire military smallest fleet since the 1500s. The French are roughly three times

00:23:48.780 the size, but still egregiously below. So that's us on the right. That's the Brits and the French on 1.00

00:23:56.520 the left. It's not even close. And this is a factor of their bloated social spending. They have

00:24:04.980 nothing. They have nothing. And look at us and we're only going to get bigger and stronger in a

00:24:11.800 far more efficient way, uh, under Secretary Huxus and, uh, President Trump. So this is, this is

00:24:16.420 ridiculous. Well, and I'm not a fan. I'm not a fan of $900 billion. I'm not a fan of the another 0.93

00:24:22.060 one 25. I'm not a fan of a trillion dollars. I think that budget has to be repurposed to the

00:24:27.000 hemispheric defense. I laid at the beginning. I think it's time to, if you're going to rethink,

00:24:30.800 you've got to rethink it. So, but that's a different day. Roughly the British, I think 1.00

00:24:34.840 the British spend 30 to 35 billion pounds every year in defense. I think that's

00:24:40.580 what is 45, let's say it's 40, $40 billion. We spend a trillion. We spend a trillion.

00:24:47.340 You can't compare. And I think we can, we underwrite Europe's defense.

00:24:51.400 We can get a far bigger defense with less budget as we're showing. I mean, between

00:24:56.820 Doge and Secretary Huxus, that we always knew from the Reagan days, Rush Limbaugh, they said

00:25:03.160 we can only slow the rate of growth. No, we're finding immense fraud. We're finding immense

00:25:09.980 fraud. And this is ridiculous. This is far larger. Hold it, hold it, hold it. Where, where, where, 0.98

00:25:15.320 where are we finding immense fraud? Can you please cite a number? Oh, well, just the USA,

00:25:21.200 USA is the beachhead. USA is the beachhead. Hang on. USA, hang on. USAID has nothing to do with

00:25:27.780 those. Yes, they went in. And by the way, as the special forces helped finally get people's

00:25:31.100 attention, but that been identified by Michael Benz and Republican congressman for decades and

00:25:35.800 decades and decades at the Pentagon, they have found $80 million so far. Let me repeat that. That

00:25:41.940 that's a story they gave to Bloomberg. Pete Hex has those guys gave to Bloomberg. They've been

00:25:45.900 there three weeks, $80 million. Anyway, I'm going to get into Doge right now. John Mills,

00:25:49.080 where do people go for your social media so they can get all your charts? Amazing job.

00:25:54.560 Yeah, you bet, Steve. Thank you. Colonel Rhett John 2, Colonel R-E-T John 2 on X and also

00:26:03.160 Substack, Colonel Rhett John on Substack, Colonel Rhett John Substack, Colonel Rhett John 2 on X,

00:26:10.020 and then Colonel Rhett John 2 on Getter and Truth. Thank you. We've talked about before,

00:26:17.100 but what he's unearthed about this essentially stealing of the assets to pay for the arms

00:26:22.220 of the of the Europeans. Thank you, sir. Appreciate you. You bet, Steve. Thank you.

00:26:29.480 So we have a CR coming up, folks. And so we're going to talk this through in the next couple of

00:26:33.920 because this underpins everything President Trump's trying to accomplish. Remember, he's doing

00:26:39.680 remember our three verticals. Stop the kinetic early part of the kinetic war, kinetic part of

00:26:45.740 the Third World War. Deport 10 million illegal aliens and secure our border. I think on the border 0.86

00:26:52.180 side, I think you would say got to build a wall. And I think JD said yesterday at the wall, it would

00:26:57.040 take till 2029. I think he said the wall would be completed on the current plans. They're prepping

00:27:06.260 for a cartel war, kinetic cartel war. President Trump is going to go take down the cartels. I don't think

00:27:13.920 there's any doubt of that. You see all the all the indications, 10th Mountains down there. They have

00:27:19.540 12,000 combat troops or combat logistics troops. They got striker brigades. They got CIA assets. He's cut

00:27:26.060 off the sharing of intelligence with Ukraine at the same time as Jack Posobiec and others saying and

00:27:31.660 Todd Bensman. They know they're pulling intelligence assets back to get the cartel wars. And then the

00:27:37.380 third is obviously the logistics, the money. I think it's $170 billion that reconciliation needs.

00:27:42.840 So you got those two. The third and the existential is how do you sort out this mess of an economy he

00:27:51.380 was handed? At the same time, do the thing that must be done, which is to cut this out of control

00:28:00.120 federal spending. And we know that's not going to be easy. It's going to be quite controversial. So

00:28:04.940 there's a bunch of plans run around. The clock is ticking because wait for it at midnight on the 14th

00:28:10.920 of March. The music stops. You have to have a plan, either short term CR, long term share,

00:28:19.820 or maybe just a budget with appropriations bills. Birchgold.com. A little turbulent this

00:28:26.860 morning in the world's capital markets. We'll talk more about that in a moment and why gold is a hedge

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00:30:04.940 Remember, you get a free month of service. Do it today.

00:30:08.640 Talking about no tax on Social Security, no tax on overtime, no tax on tips, no tax on interest loans

00:30:15.840 on cars made here. These are billions and billions of dollars of tax cuts. Simply extending his existing

00:30:22.860 tax cuts, the ones that he passed in 2017 down here, would cost over $4 trillion.

00:30:30.840 The House Budget Committee has only allocated $4.5 trillion for all the tax cuts. So you could do

00:30:37.440 this, which he's completely committed to, but how the rest of this happens, including a full

00:30:42.120 deduction of the state and local taxes, is impossible. This is almost $8 trillion worth of tax cuts.

00:30:48.580 So this is an empty promise. Can't happen. Won't happen.

00:30:53.280 And one of the things that drew, well, let's say shock, surprise, some mockery from the address

00:30:59.280 the other night was President Trump, given what you've laid out there, promising to balance the

00:31:04.000 budget. Here's that moment from the address. And in the near future, I want to do what has not been

00:31:11.020 done in 24 years. Balance the federal budget. We're going to balance that.

00:31:17.440 Steve, how does he plan to do that?

00:31:19.360 Well, first of all, in his first term, he planned not only to balance the budget, but to pay off all

00:31:23.640 the national debt. That didn't work so well. He added a ton of national debt. But let's look at how

00:31:28.740 it isn't going to work this time. So we are looking in what we call a base case without anything else

00:31:33.720 happening. We are looking at deficits a bit below $2 trillion, going all the way up to $3 trillion over the

00:31:39.580 next 10 years, a total already these dark green bars of $20 trillion of additional debt. The budget

00:31:46.740 plan that I just described would add another two and a half roughly trillion dollars of debt. So

00:31:52.440 instead of balancing the budget and paying down the debt, he's creating more deficits, all these

00:31:58.400 deficits and adding 22 and a half trillion dollars to the debt. Okay. Okay. The theory of the case is

00:32:06.660 the following, and I need the war repository. We're going to think this through. No manning the

00:32:10.820 phones, no jumping on the ramparts. Go get a big old pot of Warpath coffee. Get a number two

00:32:18.120 pencil out. We're going to have to work through this. Okay. That's warpath.coffee slash war.

00:32:24.760 We get 20% discount. Do it today. You get jacked up like we do. Also, birchgold.com.

00:32:32.800 Take your phone at Bannon. Get the free brochure. Just read it. Even if you have no interest,

00:32:40.820 you should understand in these turbulent financial times, there are ways that you can hedge

00:32:45.240 the turbulence. There's stores of value. One's been around for a thousand years. That's gold.

00:32:50.100 Even if you don't do it, it's good to understand as we lay out this entire economic plan, because

00:32:55.640 a big part of it is about value, right? And what we're trying to accomplish here. Birchgold.com.

00:33:03.920 Ended the dollar empire also. Get that. It's now taught, I guess, at the University of Arkansas

00:33:08.420 to the finance undergraduates. Very proud of that. Access. You want to make it accessible

00:33:15.600 so you understand it. Here's what we're going to understand here. President Trump has three

00:33:20.500 parts to his, how do you get to a balanced budget? Number one is DOGE, or what I call

00:33:30.740 deconstruct the administrative state, programmatic changes. You've heard me say over and over

00:33:35.480 again, it's got to be programmatic in billets. Not just people, individual people, and waste,

00:33:41.420 fraud, and abuse, but eventually you have to get programmatic. But let's take DOGE.

00:33:44.480 DOGE. DOGE is very important. I'm the biggest supporter of DOGE. But we have to have a partner's

00:33:52.480 discussion. We are quite late in the game to actually not have a good feel for what the

00:33:57.960 numbers are, because the numbers that were promised are like a trillion dollars. I think

00:34:01.960 President Trump, in his head, is hearing this, and it's repeated and repeated. It was repeated

00:34:07.280 last night as Elon went to the House. I think it was repeated in the House conference, a trillion

00:34:13.360 dollars. And that's in over 10 years. We're talking just annual budgets, which right now

00:34:18.440 sits at about six and a half trillion dollars. Those cuts, we have to find out what those

00:34:24.380 cuts are, even just a range. Okay? The second part is external revenue or tariffs, where it's

00:34:30.600 just not tariffs on individual goods, but he's saying, hey, this is a premium market to get

00:34:35.140 into. So you're either going to invest Taiwan semiconductor and Apple and make hundreds of billions of

00:34:42.740 dollars invested and bring your state-of-the-art manufacturing here for high-value-edded jobs

00:34:47.400 and massive capital equipment investment, or you're going to pay tariffs. So that external

00:34:52.820 revenue, right, like we used to finance the country under Hamilton's The American Plan up

00:34:58.500 until essentially the earthquake of 1906 and the Great Fire, 1907, the financial collapse

00:35:06.140 that restructured. Out of that came the Federal Reserve. Out of that came the tax income

00:35:12.600 tax, all of it, corporate tax. President Trump wants to go to that. Number three is on the

00:35:17.200 supply side, where he does cuts, you actually have growth. And now there's a lot of conflicting

00:35:24.220 information coming out on GDP. Atlanta Fed is talking about, hey, it may actually be negative

00:35:29.120 right now. President Trump, the bid and the ask is the Congressional Budget Office saying

00:35:34.500 our growth rate is going to be 1.8%. When they do their financial plan that says 52 trillion

00:35:38.760 in debt in 10 years, that's on a 1.8% to under 2% growth rate. Up to, you know, people are

00:35:46.860 talking three and a half. Elon's talking five in the Oval Office. He said five. I don't know

00:35:50.740 how he gets there. I would love to have 5% growth. Mathematically, it would solve a lot

00:35:55.260 of problems. But is it realistic? I don't know. The Silicon Valley guys are talking about

00:36:00.200 a new golden age of technology and productivity, as Dave Bratt shows you here all the time.

00:36:04.580 That's never really translated to real productivity increases or anything that translates to GDP.

00:36:11.580 But those are the three elements. In other words, spending cuts, significant spending cuts,

00:36:17.060 external revenue sources, and tax cuts that lead to growth so that you have a bigger denominator

00:36:24.980 on the tax structure you have. He is correct on the 4.5 trillion, as that's what's been set aside,

00:36:31.600 including the tax cuts for corporations and tax cuts for the wealthy, which is about a trillion,

00:36:39.820 about 3 trillion go to working class and middle class people and entrepreneurs, roughly.

00:36:45.120 And I think the other 500 billion was put in because of like permanent extension.

00:36:49.600 But President Trump has reiterated no tax on tips, no tax on overtime,

00:36:53.600 no tax on the interest of auto loans of American made cars. But most importantly,

00:36:58.320 the big kahuna is no tax on Social Security. That's a real number. Okay. 0.75

00:37:03.880 Elon, and so here we're all this and people are modeling and putting together and all this,

00:37:08.420 you got reconciliation over here, but you got to get back to the real thing. The real thing is the CR.

00:37:12.460 How do we finance the government for this year? And how do you see if people are serious?

00:37:17.580 Because right now, you know, it can't be kicked down the road anymore.

00:37:21.120 My problem with Speaker Johnson is not just that he over promises and never delivers. It's that it's even

00:37:29.000 worse than that. He treats you like an idiot when he throws things out that he knows or his nose is 1.00

00:37:35.180 not true. And that kind of becomes the narrative and people kind of go down the path. So right now, 1.00

00:37:40.240 after all the misrepresentation and all the lies from December, and we had to get here,

00:37:45.860 we're going to have appropriations, we're going to do our work. Just okay. That was all a lie.

00:37:50.180 That was all a lie. What they want now is a CR that takes us to the end of the fiscal year,

00:37:56.840 basically one half of the year. That would, and you just got to face reality. They never want to

00:38:03.620 talk about it, but we're in the war room. So we are going to talk about it because the war room posse

00:38:07.640 has to have the receipts. That's Biden's budget. So President Trump in his first year,

00:38:13.760 no matter how we want to stay at least on this CR, they want past and no Democrat, all Democrats

00:38:19.680 said, they're not going to do it because in times past, you had to keep the government open. You had

00:38:24.420 to keep the government open. You had to keep the government open, but the people in the house now

00:38:27.440 say, no, should be shut down because Trump isn't there. Okay. So we've got Biden's budget. So it's

00:38:35.640 Biden's numbers. It's a $2 trillion money guarantee, money, good deficit, $2 trillion.

00:38:42.640 The least $2 trillion, the gap between revenues coming in and spending, $2 trillion. As bad as that

00:38:52.940 is, and those are horrible, maybe you can live with that. But the worst is that since it's an

00:38:58.900 up or down vote, you're not only going to, you're not only not going to do any of the

00:39:04.720 doge things that have been identified, but you're actually going to finance the waste,

00:39:09.820 fraud and abuse, at least his September 30th. I know it's insanity. So here's their theory of the

00:39:14.800 case. Their theory of the case is called impoundment, right? The other is rescission.

00:39:20.800 Take your number two pencil out, write those terms I've given to you before, but this is going to become

00:39:24.480 quite important. And they're very different things. Elon goes to the Senate yesterday.

00:39:32.960 And if you look at the, and you go on my gutter, you see the out, particularly Lindsey Graham and

00:39:37.900 these guys in the Senate, in the Senate, whether you like them or not, they think they're the House

00:39:42.700 of Lords in the, in the House of Representatives, the House of Commons. So they goes to Lords yesterday

00:39:48.000 in the, in the Lords sit there and go, Hey, uh, we think you're all happy talk, right? We'd love

00:39:55.880 to see what you got, but you haven't shown us anything. You won't answer any questions. So how about

00:39:59.120 this? You're not going to actually do anything because the constitution says it has to be us.

00:40:04.320 And you're, we're going to put in rescission. Rescission means it has to go back to Congress

00:40:09.420 for a vote that they can have rescission on budgets, but it's put up in a package after a

00:40:15.620 budget's done sometime towards the end of the fiscal year, you vote on rescission and that's

00:40:21.080 taken off the budget. So let's say you pass six and a half trillion at the end. You spent,

00:40:24.700 let's say the green new deal. I'm throwing out an example was 300 billion. They decided not

00:40:29.100 to do it. 6.2 trillion, that 300 billion by the end of the year, they take a vote. It only has to

00:40:34.180 be majority. It's not, you don't have to break filibuster. So 51 Senate votes get you and you

00:40:38.980 control the house. So you should be able to get it. They told Elon flat out, yo, we're the Senate.

00:40:46.400 You're not going to do anything. You can go find it and tell us what it is and we'll package it.

00:40:50.060 Rand Paul said, Hey, we'll do a half a billion dollars of rescissions, a half a billion dollars

00:40:54.960 rescissions. And this year, I would leave a search. If you find a half a billion dollars,

00:40:59.360 I'm all in good. Good on you. Good on you, man. Good on you. And he says, well, actually do it in

00:41:06.700 a hundred billion dollar layer. So it'll be five, $100 billion rescissions. You got to find it

00:41:11.320 on the website right now of Doge. If you go there right now, they say basically a hundred billion

00:41:16.200 dollars, but they include USAID and they include some other things that would say, Hey, that's more

00:41:20.620 programmatic, not waste for an abuse, but, uh, as bad as USAID is and all the people attacked

00:41:26.460 it for years, it's terrible. It's awful, but we knew it was getting funded. So it's not

00:41:30.200 like finding a waste for an abuse. It's, uh, it's programmatic is what we call it.

00:41:36.900 Elon agreed with them in the room. And I think after being instructed by certain people, don't

00:41:44.240 go in the room and do not agree with rescissions. We're not taking this stuff back because, uh,

00:41:48.800 president Trump vote, pay a letter in the administration's point of view is that, Hey,

00:41:53.660 we don't need to go back to a vote for anything. Once we get this, we can come back and just

00:41:57.720 do impoundment. Now impoundments got a little hair on it. It's a little hair because the Supreme

00:42:04.520 court didn't exactly ACB and Roberts, which I've worn from the beginning. I don't know if

00:42:10.340 they're going to get there. Didn't approve the other day. Now I'm hearing from the sources

00:42:15.060 saying, no, no, no, no, no, no, no, no, no. That was all because of this judge.

00:42:18.580 And back in this judge and Steve, that's not it. We're going to fight that today and 11 o'clock.

00:42:23.480 Both sides have to present on this $2 billion for foreign aid that the courts are trying to,

00:42:29.280 the courts are trying to force a federal court trying to force president Trump to fund it.

00:42:34.700 So the two things of, of impoundment or rescissions, but the bottom line is right now,

00:42:41.300 you don't know what that number is. And it seems to me imperative. If people are to back something

00:42:49.880 they hate and what do they hate? They hate clean CRs that just, you know, it's essentially an omnibus

00:42:59.020 to the end of the year on Biden's numbers or two trillion baked in that you're, you have to accept

00:43:04.040 that at least you have to have, it doesn't have to be the fifth decimal point. You have to know

00:43:09.920 directionally where the waste fraud and abuse of Doge is just some broad number from 50 billion to

00:43:15.660 a hundred billion, just lay it out. And that is, they're committed to doing impoundment or

00:43:22.280 programmatically, whether it's USAID. I think this, this one thing Doge did find, I think you got to

00:43:28.940 give him credit for was whatever the Citicorp, uh, there's a great article day, I think in the

00:43:34.420 Washington Examiner, the Washington Examiner, great article, Washington Times, great article.

00:43:39.320 We're trying to get the writer on about the $20 billion slush funds sent there. My point is you

00:43:44.340 have both programs, you have waste, fraud, and abuse. Let's just get a range. So people have said

00:43:49.140 they go, look, I hate this, but if we're going to get Elon's a hundred billion dollars or $200

00:43:54.800 billion, or $50 billion, at least we can agree to that. Short break, get the chalkboard out next.

00:44:06.400 What if he had the brightest mind in the war room delivering critical financial research every

00:44:13.980 month? Steve Bannon here. War room listeners know Jim Rickards. I love this guy. He's our wise man,

00:44:20.420 a former CIA, Pentagon, and White House advisor with an unmatched grasp of geopolitics and capital

00:44:26.140 markets. Jim predicted Trump's electoral college victory exactly 312 to 226, down to the actual

00:44:34.580 number itself. Now he's issuing a dire warning about April 11th, a moment that could define

00:44:41.000 Trump's presidency in your financial future. His latest book, Money GPT, exposes how AI is setting

00:44:48.160 the stage for financial chaos. Bank runs at lightning speeds, algorithm-driven crashes,

00:44:53.880 and even threats to national security. Right now, war room members get a free copy

00:44:58.020 of Money GPT when they sign up for Strategic Intelligence. This is Jim's flagship financial

00:45:04.460 newsletter, Strategic Intelligence. I read it. You should read it. Time is running out. Go to

00:45:10.460 RickardsWarRoom.com. That's all one word, Rickards War Room, Rickards with an S.

00:45:14.820 Go now and claim your free book. That's RickardsWarRoom.com. Do it today.

00:45:22.040 Here's your host, Stephen K. Bannon.

00:45:27.880 Okay, since you're a main participant in this, we're going to, this is going to take, I'm going

00:45:31.340 to get, we've got a lot more to get through the next hour, but not this. I'm going to, I'm

00:45:35.960 going to get back to this tonight because it's, even as we're talking, this is being formulated

00:45:42.300 and you're going to be a key part of this. Because no Democrat votes, that means they

00:45:46.700 have to have all Republican votes. And that means all the House Freedom Caucus and people

00:45:51.600 that are not part of the House Freedom Caucus are worried about spending. And you're already

00:45:56.680 hearing, we'll take care of it in 26. No, no, no, no, no. We have to be realistic. And

00:46:01.300 I realize it may be unpopular, right? It may be unpopular, but we have to get to the bottom

00:46:06.580 of just where this is, where it's going. I want Doge to be able to unearth a trillion

00:46:14.360 dollars. That would be the greatest godsend we could ever have. I don't think it's going

00:46:19.060 to happen, but I want to know if that number is 500 billion. It's fantastic. If it's 100

00:46:22.620 billion, we'll take 100 billion. We'll take whatever we can get right now. But it has to

00:46:28.260 be real. We're dealing with the real world, folks. And the debt keeps, I mean, it's like the

00:46:34.020 Tax Network USA thing. We're in the same situation. Tax Network USA. What I say is that,

00:46:39.560 you know, go to Tax Network USA. When you get the letter from the IRS, you can't, you put it in

00:46:44.400 the drawer. It doesn't mean it goes away. It just means it metastasizes the fees, the penalties,

00:46:49.160 and the interest accumulates. And they put the interest to the face amount of what you owe.

00:46:53.640 And the IRS is going to get some money. You're not going to be able to stiff them. That's why you

00:46:59.080 need somebody that can help get in there and be an advisor to you. So go to Tax Network USA.

00:47:04.620 Right now. Put the slash Bannon. You get free consultation. Also, you get other great things.

00:47:10.460 You put the promo code Bannon. Let them know you come from us, the Warren Posse. But the country's

00:47:15.000 kind of in the same situation. We can't look the other way. We've looked the other way. And this

00:47:18.880 audience has been so fantastic about doing it. We're in a little different situation now. President

00:47:23.620 Trump's got a bigger agenda. But still, you have to have some rationality. The inflation is not going to

00:47:29.380 go. The price of eggs ain't going to come down until you start cutting federal spending.

00:47:34.780 It is Keynesian theory 101. You're still having a massive stimulus put into this economy every

00:47:43.440 month. And somebody's going to have to sit there and go, hey, this is just the way it's

00:47:48.020 got to be. And I'm a huge supporter of these tax cuts. No tax on tips. No tax on overtime.

00:47:52.140 No tax on Social Security for working class people. I am not a fan of the corporate tax

00:47:57.580 cut right now. The reason is they game the system last time. They didn't put in capital

00:48:01.800 equipment. They didn't put in things to grow the economy. What did they do? Exactly what

00:48:05.300 I said they were going to do. They went and put it in stock repurchases to drive up the

00:48:10.500 price of their warrant and equity packages and made more money. And all those CEOs kind

00:48:14.620 of skipped off and the companies are where they are. I'm only like corporate tax cuts

00:48:22.040 if it's ironclad that they're going to take the tax cut, the savings, and plow it back into

00:48:27.680 productive capital. Capital. You didn't see that. They took it for themselves. And I'm

00:48:35.640 totally opposed to tax cuts for the rich. I'm just them. I can walk through any set of analysis

00:48:39.940 that we just don't have the money. And the working class and middle class need it. 0.99

00:48:44.680 This is why there's so many MAGA people. There's so many folks on Medicaid. They don't

00:48:47.920 want to be on Medicaid. Nobody wants to be on Medicaid. They have to be on Medicaid.

00:48:53.040 Because the companies aren't paying for the insurance and the jobs. We haven't had any

00:48:56.140 real wage growth. People are working like crazy. People are working two and three jobs.

00:48:59.140 And guess what? All the jobs created under Biden, all the jobs created under Biden went

00:49:03.140 to foreign-born folks, not to people, native-born Americans. Regardless of your race,

00:49:07.480 your religion, your creed, it's a racket. We have the president's going to try to break it. But hey, 0.99

00:49:14.560 first you can't. This is why I said, why do we spend all this time on reconciliation? We should

00:49:18.560 have been having this debate month to month. And quite frankly, they should have come up with the

00:49:22.000 appropriations bills. We shouldn't be in this situation. And that takes leadership. And I think

00:49:27.760 the House leadership was not forthcoming, not forthcoming on what the issues were. So now we're

00:49:33.220 left with it. And they're going to point to, you know, oh, these guys are bad guys because they

00:49:37.920 want to stop the program. We don't want to stop the program. We are the ones that want to make sure

00:49:41.680 the program is executed exactly like President Trump. But somebody's got to be the reality check

00:49:46.740 here and stop with the fantasy. And there's a lot of fantasy going on. Fantasy misdirection plays and

00:49:53.080 hide the football. And finally, yesterday, you start to see, did any numbers come out of the Senate

00:49:59.140 House? I rest my case. At the big conference and thing, did anybody come out with a number

00:50:04.440 that Doge has found? I rest my case. And we got to stop kidding ourselves. It's now you have to do

00:50:09.880 it now. If it's $50 billion, fine. There's not a train that's fine. What's the number? Because then

00:50:16.240 we start to calibrate. That's going to be how tough the programmatic cuts are going to be. The

00:50:20.440 programmatic cuts are going to be hard. It's going to be hard to cut defense until you reorganize to the

00:50:26.360 hemispheric defense. It's going to be hard. It's going to be hard to cut Medicaid. It's going

00:50:30.580 to be hard to cut the social programs. It's going to be hard. Doable, particularly of the political

00:50:35.940 will. And if you're steely eyed about it and can go through the firestorm, you can do it. It can be

00:50:42.840 done. You can get there, but you can't do it on a fantasy. Too much fantasy and happy talk has gotten

00:50:48.500 us to this place. That's how you get 37 trillion in debt and a trillion dollars every hundred days with

00:50:54.040 $2 trillion that they're asking you to approve. $2 trillion deficit for this year. Oh, we're going

00:50:59.660 to get to next year, 26. We're really going to take a hard stand. Screw you. I don't want to hear it.

00:51:04.200 I want to hear it now. Mike Lindell, they're trying to put you out of business for your platform.

00:51:09.100 Sell me a Pella. Make me feel better.

00:51:11.820 Right on, everybody. What we have is we have two sales colliding. You guys, we have the

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Bannon's War Room - March 06, 2025

Episode 4317： Turfing Out The Spineless Representatives Who Betray Their Country

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