On today's show, Stephen K. Bannon and his team discuss the impact of the strikes on the White House, the impact on the economy, and the Supreme Court. They also discuss why the media is so obsessed with process over results, and why they should be focused on the process, not the results.
00:04:58.220And that's why—and Judge Lloyd nailed it.
00:05:01.780It's Beryl Howe and Bosberg, the two people who have been the chief justice of the—at the lowest level, at the district level, have got to be brought in in question on national TV.
00:05:19.220You're going to have a lot less of this lip coming from these judges.
00:05:23.940And all up in Trump's administration grill and every official I sent them, and they treat them with no respect.
00:05:28.960Just like they worshipped the Justice Department folks that were prosecuting the J-6ers, and they didn't even cheat their J-6ers like American citizens.
00:05:40.600These judges are radical neo-Marxists, and they're not above the law.
00:08:37.580We turn non-coffee drinkers into coffee drinkers because a lot of people, they can't drink it because their stomach can't tolerate the acid of most coffee,
00:08:45.140and they try ours, and they're like, wow.
00:08:46.820I can drink this and not get a stomachache.
00:09:29.200You know, that's why it's a little bit more expensive, but it's still, we've held the price to the T, even with the coffee prices right now are the highest ever.
00:10:05.900So, Carol, let's look at this even further.
00:10:08.560Consumer confidence is plunging in the wake of this tariff war.
00:10:13.260You're alienating potentially our allies in many cases, and yet President Trump is doubling down and threatening retaliatory tariffs.
00:10:22.620And I'm just wondering, is there a place where there is a tipping point where it seems like he reads the room, or is he just going to continue to try and bully his way through this trade war?
00:10:38.460Charles, I can't be inside Donald Trump's mind, but I like to think about the past, his prologue.
00:10:44.620Donald Trump has, in the very short amount of time of his second administration, proven to himself and proven to the rest of the country, to some people's shock, that when he presses hard enough and continues to press, he gets his way.
00:11:03.680It's been true in terms of some of the lawyers that he's pressured, the law firms that have recently sort of bent a knee.
00:11:13.740It's been true as he has threatened to take away all sort of federal funds from universities.
00:11:22.680He's been able to really pierce some really important institutions.
00:11:27.000And with regard to tariffs, you would have thought Donald Trump, who was very sensitive to a huge drop in the Dow, you would have thought he would have recoiled in a little bit of horror from this.
00:11:41.020But it looks like he's playing a slightly more intriguing game, which is, what can I get if I keep threatening this?
00:11:53.320The old relationship we had with the United States, based on deepening integration of our economies and tight security and military cooperation, is over.
00:12:05.840What exactly the United States does next is unclear.
00:12:10.300But what is clear, what is clear, is that we, as Canadians, have agency.
00:13:14.800You know, as Peter is referring to, we always talk about the five eyes, intelligence sharing, seeing things like signal chats and go out, which have very sensitive information, while also coupled with other very tense negotiations at the trade table.
00:13:28.020You're going to see a distancing of sharing, and that's not just sharing in terms of information and intelligence.
00:13:33.920It's in all dimensions, diplomatically, intelligence, military, economically.
00:13:39.580All of that puts the United States in a very different position than it's probably ever been in the last 100 years.
00:13:46.020So, I think you'll see a reshaping of alliances.
00:13:49.200I think particularly in Europe, even, and within Europe, you'll see a different shape of alliances that will play out, just based on the way all of this is going in just the first 60 days.
00:14:01.980We're going to make sure that we inflict as much pain as possible to the American people without inflicting pain on the Canadian population.
00:14:13.100You know, all he's doing is hurting the American people.
00:14:15.240He thinks the cost is going to go down for automobiles in the U.S.
00:21:21.060At the time, the colonies were totally dependent on the British industry for livelihood, right?
00:21:28.780I mean, in the lead up to the American Revolution, one of the things that the British were actually doing
00:21:33.380is they were putting on all sorts of penalties on industry, right?
00:21:39.240For example, they banned, the British banned the export of blueprints and technology.
00:21:45.040They banned the production or the construction of iron slitting mills, right?
00:21:50.060They didn't want the colonies producing their own steel because they knew that if the colonies produced, you know, iron and steel and were able to forge their own tools and weapons, that that would lead eventually to political independence, right?
00:22:01.780I mean, the British mercantile powers were very, very attuned to this issue.
00:22:06.860They did not want America becoming an industrial power because they knew if that happens, they're going to be politically free as well, right?
00:22:14.180So a big part of the American Revolution was about liberating America, not just politically, but economically from Europe.
00:22:24.240I mean, they turned America, the founders and Alexander Hamilton and the American school tariff policy, turned America into the biggest industrial powerhouse that the world has ever seen.
00:22:37.020Do you think that's President Trump – but do you think President Trump reaches back and thinks about that with Hamilton and the founders in this – you know, I say you had General Washington at the foundation of the republic, Abraham Lincoln at the rebirth, and now Trump at really the renewal to make America great again.
00:22:54.880Do you think he sees it the same way that we have to bring back our industrial might back here to the country in order to really get our total freedom from the globalists?
00:24:18.640So President Trump is trying to reorient this country from takers into makers.
00:24:24.500How do people arm themselves, because in the era of information warfare and narrative, how do we arm ourselves?
00:24:35.020What's the best way for this audience to arm themselves against this onslaught on CNN, on Fox, on Fox, CNN, and MSNBC,
00:24:43.060who are all different just in degree, not in kind, about being neoliberal neocons?
00:24:48.680How do they arm themselves against this hit that, oh, it's a tax on working-class people, prices are going to go up crazy, that this is the end of the world,
00:24:58.900and it's nothing more than a tax by the wealthy onto working-class people, sir?
00:25:05.560Yeah, it's crazy that they put these talking points out there, because it's exactly the opposite.
00:25:10.520And the problem is getting this information out there.
00:26:02.380And I've talked to other people in this sort of, you know, who are talking about the same things.
00:26:07.120They experienced a similar, you know, a similar clampdown.
00:26:11.500So what I'm saying here, Steve, is that the elites, the people with the money on Wall Street, the financial class, they really, really, really hate tariffs.
00:26:20.280Tariffs are a swear word for them, right?
00:26:22.700They don't want this because what they do is they realign the economy from finance into production that supports workers as opposed to, you know, investors, capital holders, right?
00:26:36.560And tariffs are a tool that keep the industrial production and the wealth in America as opposed to shipping it abroad to developing nations.
00:27:04.000So what they want is they want the American working class to be brought down to the same level as people in China and Brazil and Mexico, right?
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00:30:19.380It's been kind of surprising to us the last month or two, but we're trying to get to the bottom of that because Bolsonaro's trial is everything.
00:30:29.000We talk about the hemispheric realignment geostrategically of the United States, very important on Brazil.
00:30:34.080Frank Gaffney, the team, has done great work of that.
00:31:35.080Number one, I want to get to this assessment of intel first.
00:31:39.540We've got a lot more to go through, including I know you got some recommendations for the posse,
00:31:44.020and I also want to talk about capital markets.
00:31:45.640So let's talk first about the you guys are not particularly happy by the intel assessment that was laid out this week.
00:31:52.380It was all overwhelmed by this thing on signal.
00:31:57.800And as you know, we're very proud of Pete Hegseth, and we're particularly proud of him symbolically going and doing the third,
00:32:06.580the second island chain to show the Chinese Communist Party what the really boundaries that the geostrategic center of the American hemisphere is actually the vast Pacific,
00:32:17.220and that those island chains are very important.
00:32:19.520That's why Pete's been over in Hawaii, and that's why he's in Guam.
00:32:30.360It was kind of a follow-on to your own interview with Cleo Pascal about that American heartland out in the Central Pacific.
00:32:38.220And I think what Pete's doing by his presence there is demonstrating the actual commitment of the United States government under Donald Trump to defend it.
00:32:49.980And that couldn't be more important at a moment like this, because I personally believe, I talked about it in my commentary this morning, Steve,
00:32:57.540that the histrionics about this signal group and all that is distracting us at a very dangerous time.
00:33:06.080It's not only the case that we see, apparently, multiple divisions of Russian forces being mobilized in Belarus adjacent to the borders with NATO countries, Poland and the Baltic states specifically.
00:33:22.220But we've also got the Chinese now running their exercises, not so much exercises, their preparations for the attacks on Taiwan that are likely coming,
00:33:32.380without even bothering to give anybody notice that they're doing it.
00:33:36.200They're just ratcheting this up, making it more and more a question of when they roll out.
00:33:41.020So Pete being there and Pete, I think, not only being in Guam for the purposes of, you know,
00:33:46.540taking stock of that important outpost of the American nation, but also going over the war plans.
00:33:57.300The ones that are going to really count are the ones that are, we pray, going to deter the Chinese Communist Party from perceiving with all of the disarray and chaos and divisions here an opportunity to strike.
00:34:13.500That has to be – they have to be disabused of that, and they have to be done – that has to be done right urgently.
00:34:18.580Talk to me about your assessment of the – and this got lost in the attacks when we really should have had a full discussion.
00:34:30.200And a lot of this was rolled over from the Biden administration.
00:34:33.760I mean President Trump's people have been there less than 60 days.
00:34:36.440But your assessment of the intelligence report, particularly about the main thing, the Chinese Communist Party, do you think punches were pulled?
00:34:43.740Well, not only do I think that, but we had war room, you know, rock stars like Captain James Fennell and Sam Faddis and Grant Newsom and Brian Kennedy all taking stock of this net assessment – not net assessment, annual assessment, they call it – and found it very wanting indeed.
00:35:08.020I think it actually – Grant Newsom gave it an F, just to give you a sense of it.
00:35:14.120And as you said, Steve, I don't really hold this against our team.
00:35:18.860I think this is a product of both the previous team, which was there until January 20th, of course, but also the permanent intelligence bureaucracy, the intelligence community staff.
00:35:35.140And it's appalling, really, when you look at the fact that this – and these hearings especially, Steve, were important because they're an opportunity to educate the American people about the true nature of the threats we're facing.
00:35:52.920And at every turn, this product, well, at best, understated it.
00:36:00.620And at worst, they were simply downright deceptive.
00:36:03.440Let me give you one example we drilled down on, fentanyl.
00:36:08.980This report encouraged the notion that somehow the Chinese Communist Party is just having a really hard time getting their hands around stopping this chemical warfare they're engaged in that's killing hundreds of thousands of Americans.
00:36:26.060And that couldn't be further from the truth, of course, as you know, Steve, and you talk about it here all the time.
00:36:32.460The Chinese Communist Party is responsible for that warfare.
00:36:38.380They are deliberately killing Americans with it.
00:36:41.600And they're making money on the side as they do it, subsidizing, by the way, let alone trying to control this production line that runs through Mexico and the cartels and so on.
00:36:54.080So that's just one small example, but it leaves the American people, and frankly, it could leave the president of the United States with a very wrong idea about who we're up against, that they seek no question about it, our destruction.
00:37:11.840This would be the Chinese Communist Party, and how far advanced they are, fentanyl just being one example of the unrestricted warfare they've engaged in for decades, very decidedly to our detriment.
00:37:30.120Are we prepared to do, are we prepared to, you had talked about Team B, what is your, I know you had people who are action-oriented, this has happened before, where we've had an assessment against the Soviet Union at the time that people thought were incorrect,
00:37:47.120and it changed the direction of world history because it was quite incorrect, and it was what President Reagan used initially when he came into office to, we win, they lose, take down the evil empire.
00:38:03.460Well, you know, we've named our Committee on the Present Danger China with your help as a kind of homage to that time.
00:38:10.760The Committee on the Present Danger, the original one, was part of the team that brought us the original exercise in competitive analysis, as it was called.
00:38:23.360Team B was the shorthand for it, because Ronald Reagan and others like him recognized that what Team A was serving up,
00:38:34.160that is to say, that is to say, the intelligence community of the time and the official apparat was grossly misunderstanding the nature of the Soviet threat and low-balling it
00:38:47.460and otherwise creating this culture of detente, as they called it at the time.
00:50:52.560They've got to be questioned in front of the whole country of what's going on.
00:50:55.120President Trump going to the Supreme Court about being commander-in-chief.
00:50:59.500Remember the unitary theory of the executive.
00:51:01.940He's chief executive officer of the United States government.
00:51:04.520He's commander-in-chief of the military.
00:51:06.480And he's chief magistrate and chief law enforcement officer of this government.
00:51:10.780The radical left does not appreciate that and is going to fight us every step of the way.
00:51:16.040Mike Lindell, they've been trying to put you out of business.
00:51:18.120Second only to Donald Trump, you're their target because you're a guy of incredible energy and spirit.
00:51:24.060And, of course, you've got a huge platform and you fought for election integrity and to make sure that we can get to the bottom of the big steal in 2020.
00:51:31.340But today, I need you to sell me some sheets.