Bannon's War Room - April 03, 2025


Episode 4387： Left Flounders As they Stoke Fears Of Market Crash


Episode Stats

Length

59 minutes

Words per Minute

186.22592

Word Count

11,072

Sentence Count

1,022

Misogynist Sentences

8

Hate Speech Sentences

10


Summary

Dow Jones and S&P 500 hit new records and hit new all-time lows. President Trump delivers a speech on the stock market and the impact of the Dow hitting new records. He also speaks on the potential for a recession.


Transcript

00:00:00.000 Today, I think people at Capitol Hill feel the same way that finance ministers all around the world feel.
00:00:07.200 It's a it's a Pepto-Bismol moment in the marketplace.
00:00:12.920 And finance ministers around the world are now holding on to their stomachs.
00:00:16.600 People at kitchen tables and at workplaces all across our country are holding on to their stomachs.
00:00:21.440 We're in one of the greatest wealth destruction days in the history of the world.
00:00:26.220 And up here on Capitol Hill, I think Republicans right now are thinking about popping bottles of champagne,
00:00:32.980 but maybe popping bottles of Pepto-Bismol over the next few days to really determine what is going to be the impact on our economy
00:00:40.300 when when J.P. Morgan and Goldman Sachs are both saying there's a doubling of the chance we're going to have a recession this year because of Trump's actions like this.
00:00:51.200 I wouldn't go diving in and buying stocks tomorrow.
00:00:53.940 A bottoming in the stock market is a process, not a point in time.
00:00:59.080 So you have to be really, really careful if you're a trader about when to get in and when to get out.
00:01:04.500 All right. That is down nearly four percent for the Dow.
00:01:09.320 For investors, what is your advice today?
00:01:12.040 OK, whatever money you may need for the next five years, please take it out of the stock market right now this week.
00:01:20.020 I do not believe that you should risk those assets in the stock market.
00:01:24.720 Even if you would take a tremendous loss in selling your stocks at this decline, you say take it out.
00:01:29.160 I don't care. I do not care where stocks have been.
00:01:31.300 I do not care where stocks have been. I care where they're going.
00:01:34.000 And I don't want people to get hurt in this market.
00:01:36.200 But if you need it after five years, then don't touch it.
00:01:39.520 Well, yes. If you have that much flexibility, I'm worried about unemployment.
00:01:44.980 I'm worried about your purchases that you may need.
00:01:47.360 I can't have you risk that in the stock market for the next five years.
00:01:50.300 Very dramatic statement, Jim. Very dramatic statement.
00:01:51.900 I thought about this all weekend. I did not want to say these things on TV.
00:01:56.360 I don't want to say that.
00:01:57.160 But what is coming that makes you say that?
00:01:59.060 I believe that we could have as much as a 20 percent decline in the stock market.
00:02:02.520 If you can withstand that, of which most people can't,
00:02:05.560 then I think what you have to do, if you can withstand it, is just ride it out.
00:02:09.220 For too long, a small group in our nation's capital has reaped the rewards of government
00:02:15.720 while the people have borne the cost.
00:02:21.780 Washington flourished, but the people did not share in its wealth.
00:02:28.780 Politicians prospered, but the jobs left and the factories closed.
00:02:34.860 The establishment protected itself, but not the citizens of our country.
00:02:43.700 Their victories have not been your victories.
00:02:47.420 Their triumphs have not been your triumphs.
00:02:50.860 And while they celebrated in our nation's capital,
00:02:54.700 there was little to celebrate for struggling families all across our land.
00:03:01.940 That all changes starting right here and right now because this moment is your moment.
00:03:16.200 It belongs to you.
00:03:18.300 It belongs to everyone gathered here today and everyone watching all across America.
00:03:32.380 This is your day.
00:03:34.220 This is your celebration.
00:03:36.420 And this, the United States of America, is your country.
00:03:41.760 What truly matters is not which party controls our government,
00:03:53.260 but whether our government is controlled by the people.
00:03:57.780 January 20th, 2017, will be remembered as the day the people became the rulers of this nation again.
00:04:13.400 The forgotten men and women of our country will be forgotten no longer.
00:04:24.840 This is the primal scream of a dying regime.
00:04:32.740 Pray for our enemies.
00:04:34.700 Because we're going medieval on these people.
00:04:37.940 Here's the time I got a free shot at all these networks lying about the people.
00:04:42.240 The people have had a belly full of it.
00:04:44.140 I know you don't like hearing that.
00:04:45.580 I know you've tried to do everything in the world to stop that,
00:04:47.340 but you're not going to stop it.
00:04:48.260 It's going to happen.
00:04:49.520 And where do people like that go to share the big lie?
00:04:52.940 MAGA media.
00:04:53.840 I wish in my soul, I wish that any of these people had a conscience.
00:04:59.740 Ask yourself, what is my task and what is my purpose?
00:05:03.480 If that answer is to save my country, this country will be saved.
00:05:09.840 War Room.
00:05:10.700 Here's your host, Stephen K. Bannon.
00:05:13.100 Thursday, 3 April, Year of the Lord, 2025.
00:05:20.020 I wanted to have some history.
00:05:21.320 I may pull Jim.
00:05:22.120 So we had Jim Cramer in the meltdown of 2008.
00:05:26.260 Remember, Cramer went on TV, completely unprofessional,
00:05:29.400 said, if you need any cash the next five years,
00:05:32.100 I'm not panicking, but you should sell everything you've got.
00:05:34.940 That's what they tried to do today.
00:05:38.520 Katie Tur at the end, we showed you, Katie Tur did her entire hour on the New York Stock Exchange floor,
00:05:44.740 trying to elicit people to say, oh, this is a panic, this is terrible, every leading question.
00:05:49.800 And in back of her, it's dead quiet.
00:05:52.280 It's a snooze fest on the floor of the Stock Exchange.
00:05:55.300 Now, some of that is how they trade stocks today, but they're certainly not a panic.
00:06:00.160 They're trying to elicit a panic.
00:06:02.840 And what's fascinating, someone like Katie Tur, who's never cared about capitalism,
00:06:06.460 never cared about the stock market, Katie Tur doesn't know the difference between preferred stock and livestock.
00:06:15.800 And this bimbo is on the floor, and she's trying to, they're trying to cause a panic.
00:06:21.360 One of the great treats, I think it's from Bad Hombre.
00:06:23.380 He said they've gone from the, you know, the panic of the terrorist gangsters not getting their due process rights
00:06:30.600 to now the panic of hedge fund managers.
00:06:33.820 Poso's in the studio here.
00:06:37.480 Jack's been out and about all day.
00:06:38.960 A little bit.
00:06:39.380 White House and other places.
00:06:41.260 Julie Kelly's going to join me at six.
00:06:43.100 She's been over at Bosburg.
00:06:44.640 Just taking the tour.
00:06:45.340 She's taking the tour to Bosburg.
00:06:47.840 I thought I gave you the tour the first term.
00:06:49.840 You were getting over there all the time touring.
00:06:51.500 I give a big shout out to you guys today.
00:06:53.380 Steve Cortez is with us.
00:06:54.820 Cortez, I want to go to you first.
00:06:56.880 Give me the analytics.
00:06:59.000 There has been a sell-off, but it's an orderly sell-off because, hey, you heard it.
00:07:04.740 He's trying to restructure.
00:07:05.940 And I want to go back, and I thank Alex Brusilowicz for this.
00:07:09.220 It's his great tweet that our own Elizabeth picked up.
00:07:12.440 Alex put that up on New Year's Eve, I think, at 24, going down memory lane.
00:07:16.620 But that gets back to the core of what President Trump ran for, why he won in 16, what he's trying to accomplish.
00:07:22.680 This is what he's done over the last 24 hours is the core of the man, to restore the strength to America of becoming a manufacturing superpower.
00:07:33.740 Again, Steve Cortez, give me some analytics.
00:07:36.880 Is Katie Turb right?
00:07:37.960 Is this a complete meltdown?
00:07:39.540 Is this should cause panic?
00:07:40.700 If you have any stock and you need cash in the next five years, like Kramer said, should you sell?
00:07:46.220 No.
00:07:46.620 As usual, Katie Turb is completely wrong, and you're right.
00:07:49.640 It is simply not believable in any sense that she has suddenly become an Ayn Rand capitalist.
00:07:55.740 I mean, please, all right?
00:07:56.820 Anybody can see through this ridiculous facade.
00:07:59.920 And regarding Jim Kramer, by the way, I like him.
00:08:02.300 Nice guy.
00:08:02.940 Worked with him for many years at CNBC.
00:08:05.260 But he is constantly wrong.
00:08:07.120 There is a reason that Inverse Kramer is one of the more popular financial accounts on social media.
00:08:13.260 Because if you do the opposite of what Kramer says, for the most part, you're going to be very wealthy and very prosperous.
00:08:19.100 And you're exactly right, Steve.
00:08:20.060 That's going all the way back to 2008 until right now.
00:08:23.620 So corporate media, though, of course, is giving him his time in the sun right now.
00:08:27.280 Why?
00:08:27.660 Because he's a liberal New York Democrat who is saying, panic, hold your hair off.
00:08:32.260 So let's talk about the reality of today.
00:08:34.160 And I say this as somebody who traded for the biggest hedge funds in the world for 25 years on Wall Street.
00:08:38.680 It was a bad day, OK?
00:08:39.980 No way.
00:08:40.440 We can't shine a sneaker.
00:08:41.760 It was a bad day down almost 5% on the S&P.
00:08:45.060 Most of the action was overnight.
00:08:46.840 So to your point, the trading session wasn't really that frenetic today.
00:08:50.360 It just wasn't.
00:08:51.360 Most of the downdraft happened in the after hours starting yesterday and the overnight session into today.
00:08:57.320 But it was entirely orderly, OK?
00:08:59.220 And I'm not trying to diminish the losses.
00:09:00.660 But the point is, it was orderly.
00:09:02.780 And also, before I get to the restructuring part, I think perspective is really important here.
00:09:08.360 So I provided, and I did this last minute.
00:09:10.120 I hope they have it ready.
00:09:11.000 If they have chart one ready, I want to show the S&P over a long time frame.
00:09:15.480 If we can show that over a decade, OK?
00:09:17.440 So that is the S&P 500.
00:09:19.620 SPY is the ETF, the exchange-traded fund for the S&P 500.
00:09:24.420 As you can see, it's had a magnificent decade.
00:09:27.000 And if you look at that chart, at the most recent part, the upper right corner, yes, it's had a downdraft.
00:09:33.300 Is it that material in the context of where it has been because people continually want to buy America?
00:09:39.520 No, it's really not very material.
00:09:41.820 So I think that's important for us.
00:09:43.320 You'll never see this kind of context, by the way, from the corporate media, even from the financial press, places like CNBC.
00:09:49.700 But more importantly than what the market did today, Steve, is what Donald Trump is doing in terms of trying to re-industrialize this country and in doing so to reinvigorate the great American working class, to rebuild a great American middle class that has been absolutely hollowed out by the globalists.
00:10:09.040 We have, unfortunately, Steve, an economy in this country that has really been built on two premises, two false foundations.
00:10:16.520 The first is offshoring, and the second is gargantuan, unsustainable debt.
00:10:22.500 Now, tariffs, by the way, addresses both of those problems concurrently, right, because it compels onshoring back to the United States.
00:10:30.300 If you don't want to pay these onerous tariffs, the best way around them, you set up shop right here in the United States of America.
00:10:35.880 Whether you're an American company or foreign company, doesn't matter once you set up here in the United States, onshoring, to reinvigorate Main Street small businesses in this country, not the globalist multinationals.
00:10:47.840 And then on the debt front, we know that most of this $36 trillion of debt that we have incurred, absolutely recklessly exorbitant borrowing and spending, most of that we racked up at interest rates, which were far preferential to what we have now because of Biden's inflation explosion, which means that from here forward, the situation gets much more dire and much more serious.
00:11:09.380 So what's the best way for us to raise revenue? We also need to cut spending, of course, but what's the best way for us to raise revenue? It's to raise it from foreigners.
00:11:18.240 And why can we get away with that, Steve? Because we are the United States of America, and because of centuries of entrepreneurs and hardworking men and women, we have built the crown jewel consumer market, the envy of the world that every country and every company on earth is pining for access to.
00:11:36.680 And because of that reality, we may not always have that, right, if we don't institute these reforms, but because we have earned that status and that premier elevation among consumer markets in the world, we can charge a premium.
00:11:50.400 You've said this many times, it's a good analogy to theater or a sporting event, we have the box seats, you charge the most for the best seats.
00:11:57.620 So it just simply makes sense. It alleviates these twin problems of offshoring, which has crushed American communities, led to deaths of despair, led to millions of men, working age men in this country who have simply dropped out of productive life.
00:12:11.300 It solves that problem. It's probably the most significant reform to solve the problem of offshoring.
00:12:17.080 And then it also, on the other hand, this unsustainable debt problem, it vastly improves our debt situation and our debt ratio.
00:12:24.980 So to me, this transformation, it can be painful, absolutely, because the country had become addicted to offshoring and to constant public financing, OK?
00:12:33.800 Not a healthy addiction. Breaking addictions at times can be painful.
00:12:38.440 So we're seeing some of that consternation right now.
00:12:40.700 Now, let's not exaggerate the pain, but the point is, there is a place of prosperity, there's a place of societal cohesion, of patriotism, of shared and dispersed prosperity throughout this country.
00:12:53.120 That place lies on the other side of this process, and we must go through it.
00:12:58.040 And I so commend President Trump for doing this. He's talked about it for decades.
00:13:02.340 He was talking about it as a private citizen for decades before he got into public life.
00:13:06.560 These are some of the most consequential economic reforms in American history, in all of American history.
00:13:11.920 And I would argue they're probably the most consequential economic reforms since FDR.
00:13:17.000 His were toxic for the country. These are going to be wonderful and prosperous for our country.
00:13:22.920 So, bad day. The worst was overnight when they first heard it, because people didn't believe he was going to do it.
00:13:29.160 They actually didn't believe it. You see the market yesterday.
00:13:31.320 President Trump did it overnight. Response today, not too shabby.
00:13:36.560 Right? We're going to be a couple days to get through here.
00:13:38.780 The one thing that's going to drive any kind of, I'm not saying panic selling, but dumping of stocks, is the left media is all over.
00:13:46.420 They think this is what takes President Trump down.
00:13:49.000 This is how much they hate this country. You haven't heard them once say anything about working men and women.
00:13:53.720 This is the credentialed class. You saw Katie Turr.
00:13:56.040 Is there a bigger joke than Katie Turr being on the floor of the New York Stock Exchange?
00:14:01.260 I mean, that's laughable. That is laughable.
00:14:04.060 That is, they're there, and all her questions, oh, isn't this terrible? How bad is this?
00:14:07.520 And they have people like, well, come back, Cortez. I know you work with Steve Leisman.
00:14:11.860 What a beauty that is. You know, a left-wing hack that all he's doing is dumping on President Trump all day.
00:14:17.260 We're going to take a short commercial break.
00:14:18.600 Poso's in the house.
00:14:21.740 The great deal? Is that what you call it, Poso?
00:14:23.720 The great deal.
00:14:25.640 That's what we have coming for us.
00:14:26.700 You refer to this as the great deal.
00:14:29.140 The great deal. We had the new deal, the square deal, the fair deal.
00:14:32.480 We had the great society. Now we have the great deal.
00:14:35.300 The great deal under the leadership of President Trump.
00:14:39.560 Short commercial break. Johnny Connell, take us out.
00:14:41.800 We're going to be back in a moment in the war room.
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00:17:18.580 Investors, what is your advice today?
00:17:21.660 Okay.
00:17:22.460 Whatever money you may need for the next five years, please take it out of the stock market right now, this week.
00:17:29.660 I do not believe that you should risk those assets in the stock market.
00:17:34.380 Even if you would take a tremendous loss in selling your stocks at this decline, you say take it out?
00:17:38.740 I do not care where stocks have been.
00:17:40.940 I do not care where stocks have been.
00:17:42.340 I care where they're going.
00:17:43.640 And I don't want people to get hurt in this market.
00:17:45.840 But if you need it after five years, then don't touch it.
00:17:49.160 Well, yes, if you have that much flexibility, I'm worried about unemployment.
00:17:54.640 I'm worried about your purchases that you may need.
00:17:57.000 I can't have you risk that in the stock market for the next five years.
00:18:00.060 Very dramatic statement, Jim.
00:18:00.640 Very dramatic statement for savers.
00:18:01.780 I thought about this all weekend.
00:18:02.940 I do not want to say these things on TV.
00:18:04.640 Mm-hmm.
00:18:05.740 Mm-hmm.
00:18:06.280 I don't want to say it.
00:18:06.820 But what is coming that makes you say that?
00:18:08.680 I believe that we could have as much as a 20% decline in the stock market.
00:18:12.040 If you can withstand that, of which most people can't, then I think what you have to do, if
00:18:17.180 you can withstand it, is just ride it out.
00:18:19.920 That was back in 2008.
00:18:21.420 That was the NBC Today show.
00:18:22.700 They were in shock.
00:18:23.620 That caused massive selling because, don't get me wrong, 2008 was 50 times worse than that.
00:18:30.880 That was a total collapse because of corruption and incompetence.
00:18:34.340 President Trump has thought this through.
00:18:35.660 This is a reordering of the world economy so that American working men and women don't
00:18:42.300 have the whole weight on their shoulders and are getting screwed the entire time.
00:18:46.840 This is Trump.
00:18:48.820 More so than the border kind of came up, you know, in those years in like 14 and 15 because
00:18:54.480 of what was happening with Obama, the amnesty that Bush tried to do, of course, the Iraq
00:18:58.420 wars.
00:18:59.360 This is Trump from the beginning.
00:19:02.380 He would watch Lou Dobbs when he first started coming on doing interviews as a private citizen,
00:19:07.580 but about things that were not about media in New York City because he was a huge celebrity
00:19:11.880 in New York City in the 80s and 90s when they would have him on shows and talk about things
00:19:17.360 of substance because people were talking even then, hey, would this guy run to be president?
00:19:22.220 Is this guy a guy that's going to be a reformer?
00:19:24.640 He would always go and talk about trade, talk about American workers getting screwed, talk
00:19:28.940 about factories being shipped.
00:19:30.240 This is Trump to his core.
00:19:31.400 That's why that speech yesterday, he walked in and owned that.
00:19:36.520 I mean, it was one of the most eloquent speeches he's done, very powerful, to the point.
00:19:42.980 That's why I wanted to go back and play some of the best moments from the first inaugural
00:19:46.860 because that's Trump.
00:19:48.380 What you're seeing is pure Trump, and he's not going to back off this.
00:19:51.000 I think he told people today, don't be putting the word out there I'm open for negotiation.
00:19:55.280 They're lined up around the corner, right?
00:19:57.500 They all want to come and talk, just like the law firms, just like the universities.
00:20:01.700 Trump's saying right now, eh, let it simmer.
00:20:05.260 On human events earlier today, we had Harrison Fields on from the press office, and I asked
00:20:10.080 him that question.
00:20:10.720 I said, what about the negotiation?
00:20:12.080 He said, Jack, there's no negotiations.
00:20:14.420 This is not a negotiation tactic.
00:20:15.880 This is policy.
00:20:17.100 This is policy of the White House.
00:20:19.700 Day one policy.
00:20:21.120 He ain't budging on this.
00:20:22.520 This is going to be the policy going forward.
00:20:25.240 And I said, so it's the great deal.
00:20:26.500 It's the great deal.
00:20:28.120 Tell me about Influencers, MAGA.
00:20:30.380 Is the great deal resonating with the base?
00:20:33.120 People are liking it.
00:20:33.920 I'm starting to see people pick it up more.
00:20:35.440 I'm starting to see people use it because when you, and by the way, the great deal isn't
00:20:39.020 just about the tariffs, right?
00:20:40.040 You have to put everything together.
00:20:41.360 The whole package.
00:20:41.480 It's the tax breaks.
00:20:42.620 It's economic, the energy independence.
00:20:45.220 The deportations.
00:20:46.040 It's the deportations.
00:20:46.620 The sealed border, no more.
00:20:47.740 So the whole thing is, we've never really had a package deal.
00:20:50.480 We've never had a brand name for the whole thing yet to kind of put on.
00:20:53.780 It's just Trump.
00:20:54.440 It's populism.
00:20:55.340 And we sort of, and then you get into the arguments about what is a tariff of tax and
00:20:59.020 what's kind of like a tax.
00:20:59.940 What's a tax on Wall Street, right?
00:21:01.280 It's a tax on them.
00:21:02.060 It's not a tax on you.
00:21:03.080 Because what did, go back to the history of it, right?
00:21:06.680 2008.
00:21:07.360 This is how the Tea Party gets started.
00:21:09.260 And what started the Tea Party?
00:21:10.840 The bailouts.
00:21:11.980 And Santilli.
00:21:12.420 Rick Santilli.
00:21:13.080 Rick Santilli.
00:21:14.160 And it was, so they got to, it was Wall Street that got the bailouts in 2008.
00:21:17.440 It was Wall Street that got bailouts during COVID.
00:21:20.900 So it started, all of this gets wound back to the global financial crisis of 2008.
00:21:25.620 That's when the stock market, the print got floated by the false printed money of the Federal
00:21:31.400 Reserve.
00:21:31.980 So all this funny money has been running around our system for over a decade at this point.
00:21:36.300 And by the way, it was going to come to a halt with the debt ratio being where it is
00:21:41.420 on its own.
00:21:42.620 It was, we were headed for some very, very choppy waters after Biden did what he did
00:21:48.100 for his four years.
00:21:49.040 And you talk about this every day on the show.
00:21:50.620 So it was going to, there was going to be a correction one way or another.
00:21:53.500 What President Trump is doing, he's saying, I'm going to be the correction.
00:21:56.680 And instead of a bailout for Wall Street this time around, how about a bail in for the
00:22:02.020 American worker and the American people?
00:22:04.640 And it's kind of like we were joking about on the show, Steve.
00:22:07.020 I said, it's like, we've been skipping leg day.
00:22:09.020 We've been skipping leg day.
00:22:10.240 We've been skipping leg day.
00:22:12.260 We've got this sugar high.
00:22:13.100 We're skipping leg day.
00:22:13.940 No more.
00:22:14.540 No more.
00:22:15.000 Hold it.
00:22:15.400 We've got President Trump on Air Force.
00:22:17.100 So President Trump's heading down to Doral.
00:22:19.420 I think the Live Golf Championship or the-
00:22:21.740 He's got a dinner tonight for that.
00:22:22.620 Is that because it's the week before the Masters and these guys all come in, the Live
00:22:27.180 players.
00:22:28.040 President Trump's also working on that deal to put the two tours together.
00:22:30.680 Let's go and play it.
00:22:32.020 Yeah.
00:22:32.620 A company to run or a number of companies to run, you know, that he can do this, that he can
00:22:36.540 find the time.
00:22:37.920 He loves the country.
00:22:39.000 That's why he does it.
00:22:40.240 But we're in no rush.
00:22:43.580 But there'll be a point at which time Elon's going to have to leave.
00:22:46.760 So are you going to do a date, a specific date on what he's going to do?
00:22:49.520 I would make a few months.
00:22:51.420 Even when Elon leaves, it goes back to being CEO.
00:22:56.180 Will Doge stick around in some kind of capacity?
00:22:59.480 Yeah.
00:23:00.020 It'll still Doge.
00:23:02.340 Doge yourself.
00:23:03.200 Yeah.
00:23:04.340 What does that look like?
00:23:05.400 Just so you understand, I don't want to get it wrong.
00:23:08.000 I want Elon to stay as long as possible.
00:23:11.540 Number one, I like him.
00:23:12.540 Number two, he's doing a great job.
00:23:14.680 Number three, he is a patriot.
00:23:16.020 That's why he's doing this.
00:23:17.360 And he's, you know, it's very costly for him.
00:23:19.500 But I want him to stay as long as possible.
00:23:23.220 But there'll be a point where he's going to have to leave.
00:23:27.640 And when he does, the secretaries will take totally over.
00:23:31.440 And Doge will stay active.
00:23:33.060 We have a lot of smart people.
00:23:35.980 A lot of those people, I believe, are going to go into the agencies.
00:23:39.320 And they'll work on it from the inside.
00:23:41.660 You mentioned auto companies that you've been speaking with.
00:23:44.340 Have you spoken to any executives today?
00:23:46.300 Yeah.
00:23:47.820 I don't want to say who, but I speak to a lot of the auto executives.
00:23:51.040 But we have much more than autos.
00:23:52.440 We have chips coming in.
00:23:54.080 We have steel coming in.
00:23:55.400 But do they call asking for exemptions?
00:23:57.260 The steel factories are opening up and expanding at levels that people have not seen also.
00:24:03.740 Can you tell us a little bit about your meeting with Laura Loomer and Mike Waltz today?
00:24:08.920 How that came about?
00:24:09.840 So Laura Loomer is a very good patron.
00:24:13.760 She is a very strong person.
00:24:16.940 And I saw her yesterday for a little while.
00:24:18.780 She makes recommendations of things and people.
00:24:22.860 And sometimes I listen to those recommendations, like I do with everybody.
00:24:27.260 I listen to everybody and then I make a decision.
00:24:29.820 But I saw her yesterday.
00:24:31.920 She was at the ceremony.
00:24:34.060 And she'll always have something to say, usually very constructive.
00:24:39.180 What did she recommend?
00:24:41.600 She recommended certain people for jobs.
00:24:44.920 Adding to the administration, not firing?
00:24:47.580 Who did she recommend?
00:24:48.720 Well, she'll recommend that too.
00:24:50.640 But yesterday she recommended some people for jobs.
00:24:53.360 Did she have anything to do with the NSC aides who were ousted?
00:24:56.940 No, no, I don't know.
00:24:58.680 Do you do know how many, sir?
00:24:59.960 Do you know how many from the NSC?
00:25:01.360 Not many.
00:25:01.980 Was it five, a dozen?
00:25:04.740 I really don't know.
00:25:05.800 Who does Loomer want?
00:25:06.720 There were a couple of them.
00:25:07.840 Who did Laura recommend hiring?
00:25:09.840 Well, I don't want to say that.
00:25:10.960 But she's recommended some good people over the years.
00:25:14.080 She's been in the party a long time.
00:25:16.720 She's done a good job.
00:25:17.520 Do you trust your national security staff is doing what you want them to do?
00:25:22.420 We've done very well.
00:25:23.860 We've had big success with the Hooties, as you probably know.
00:25:28.340 Nobody's been able to do it like us.
00:25:30.080 And they were shooting the boats out of the water.
00:25:33.800 They were sinking ships.
00:25:34.760 That's what they want to do.
00:25:35.740 They're getting a big charge out of sinking ships.
00:25:39.340 And unfortunately, they're associated with Iran very closely.
00:25:43.600 So they have to stop that.
00:25:45.200 But we've hit them very hard.
00:25:46.300 And we've been hitting them very hard.
00:25:47.720 Sir, did you talk to Congresswoman Luda about her resolution to get maternity?
00:25:53.640 The Congresswoman about her resolution to allow proxy voting for new mothers?
00:25:57.940 Did you speak to that?
00:25:58.960 I did.
00:26:00.100 I did.
00:26:01.060 And I would say this.
00:26:03.780 I guess there's two sides to it, right?
00:26:06.460 It's a little controversial.
00:26:07.640 I don't know why it's controversial.
00:26:09.100 I think she's great.
00:26:10.740 Anna.
00:26:11.900 Do you support her movement to have maternity proxy voting for new mothers?
00:26:14.420 I think that...
00:26:16.360 And I'm going to let the Speaker make the decision.
00:26:18.640 But I like the idea of being able to...
00:26:21.500 If you're having a baby, I think you should be able to call in and vote.
00:26:26.780 I'm in favor of that.
00:26:28.140 But I understand some people aren't...
00:26:29.640 I'm not involved in the issue.
00:26:31.520 But I did.
00:26:32.120 I spoke to Anna yesterday.
00:26:34.960 She and some people feel strongly about it.
00:26:37.960 And I would agree with her.
00:26:40.760 Sir, you mentioned Iran.
00:26:42.680 They have come out and said if they're going to sit down with the U.S.,
00:26:45.340 they want to use an intermediary.
00:26:47.300 And I believe the U.S. want a direct talk.
00:26:49.600 So would you still be willing to talk to them by an intermediary?
00:26:51.980 I think it's better if we have direct talks.
00:26:53.640 I think it goes faster and you understand the other side a lot better
00:26:57.800 than if you go through intermediaries.
00:26:59.700 Would you still be open?
00:27:00.620 They wanted to use intermediaries.
00:27:02.820 I don't think that's necessarily true anymore.
00:27:06.440 I think they're concerned.
00:27:08.600 I think they feel vulnerable.
00:27:10.720 And I don't want them to feel that way.
00:27:13.140 And I think they want to be, yeah, Iran.
00:27:17.000 They're talking about Iran.
00:27:18.140 You said you don't think they want to use intermediaries anymore.
00:27:20.660 Did they send another letter?
00:27:22.420 Did the UAE let you know about this?
00:27:24.320 I know for a fact.
00:27:26.780 I think they'd like to have direct talks.
00:27:29.280 Can you say anything about what the letter said from Iran?
00:27:31.780 No.
00:27:32.260 I just think they, I'm just telling you, I think they want to have,
00:27:35.780 forget about letters, I think they want to have direct talks.
00:27:38.660 What could that happen?
00:27:39.700 On Pete Hankseth and this IG investigation, do you want to weigh in on that?
00:27:43.500 What is it?
00:27:44.700 There's an IG investigation into the Secretary of Defense's use of the Signal app.
00:27:50.140 Oh, is that, you're bringing that up again?
00:27:52.860 Don't bring that up again.
00:27:53.880 Your editors probably had such a wasted story.
00:27:57.300 So what else?
00:27:57.840 Chinese farmland.
00:27:59.180 Do you have some plans for Chinese ownership of farmland in the U.S.?
00:28:04.180 Oh, we look at that all the time.
00:28:05.660 And look, I have a very good relationship with China and with the president.
00:28:10.180 I have a lot of respect for President Xi.
00:28:12.940 So, you know, we look at that all the time.
00:28:15.140 Farmland, it's been an issue for years.
00:28:17.500 People have talked about it for years.
00:28:19.080 But I have a lot of respect for China and I have a lot of respect for President Xi.
00:28:23.360 When's the last time you talked to President Xi?
00:28:26.000 I speak to him.
00:28:27.580 It doesn't matter when, but I speak to him.
00:28:29.740 So have you talked to Zelensky recently?
00:28:33.320 Not too long ago, yeah.
00:28:35.820 How did that go?
00:28:36.760 Good.
00:28:37.120 I think he's ready to make a deal.
00:28:39.060 No progress, though, other than that?
00:28:41.020 I think a lot of progress.
00:28:42.340 No, he's ready to make a deal.
00:28:44.400 And I think that President Putin is ready to make a deal.
00:28:47.560 And then you'll stop the killing of thousands of young people a week.
00:28:53.640 Did Kirill Dimitriyev say that to his counterparts in the U.S.?
00:28:58.520 Who?
00:28:59.060 Kirill Dimitriyev, the Russian negotiator that's in Washington right now?
00:29:02.160 I don't talk about specific people.
00:29:04.220 I just will tell you that there's a lot of good conversation going on about Ukraine and Russia.
00:29:09.800 Sir, have you given your approval for the U.K.'s deal over the Chagos Island that Prime Minister's
00:29:14.920 server and you discuss?
00:29:16.120 We're talking to the Prime Minister about it.
00:29:19.020 And we'll see how that turns out.
00:29:21.380 We have a very good dialogue going.
00:29:23.620 Sir, sir.
00:29:24.160 And I think he was very happy about how we treated them on tariffs.
00:29:28.420 Sir, there are a lot of people who were upset about how they're dealing now.
00:29:33.680 A lot of people were upset today about how their 401Ks were doing.
00:29:37.440 Do you have investments?
00:29:38.480 Were you looking at that market?
00:29:39.320 Oh, I think our markets are going to boom.
00:29:41.200 We've got to give it a little chance.
00:29:42.520 But we're taking in jobs and we're taking in industry.
00:29:45.900 We're taking in trillions of dollars.
00:29:48.540 I think our markets are going to boom.
00:29:51.160 We've got to give it a little bit of time.
00:29:52.500 But they've already started construction on numerous plants.
00:29:57.100 Soon it'll be many, many plants.
00:29:59.220 All over the country they're going.
00:30:01.160 And so you've got to give that a little time.
00:30:05.240 I haven't checked my 401K.
00:30:06.940 Thank you very much, everybody.
00:30:07.600 Sir, sir, one question on the Fed.
00:30:08.980 A lot of money markets are now pricing at more Fed cuts this year.
00:30:12.500 Well, one thing I like is interest rates going down.
00:30:14.920 You see that happening.
00:30:15.980 The 10-year yield is about below 2%.
00:30:17.820 You know what's beautiful is interest rates go down.
00:30:19.640 I like groceries going down.
00:30:23.060 I like eggs going down.
00:30:24.380 If you look at it.
00:30:25.900 And very importantly, the gasoline prices are going down.
00:30:29.300 So a lot of good things are happening.
00:30:31.040 Thank you very much.
00:30:31.740 Thank you for your time, Mr. President.
00:30:33.420 Thank you, sir.
00:30:33.660 Appreciate it.
00:30:34.940 Thank you.
00:30:35.460 Okay, there's the president right there taking all questions.
00:30:40.720 Jack Basovic, any news?
00:30:42.100 Laura Loomer.
00:30:42.840 Laura Loomer took out three or six members of the National Security Council.
00:30:47.860 Three that I heard from originally.
00:30:50.860 And, you know, I read about that in the New York Times when it came out.
00:30:54.500 I think Axios maybe originally had the story.
00:30:56.420 People had different pieces of it.
00:30:57.700 And, you know, this is nothing that obviously came out of the, you know, I think the signal situation, the signal chats.
00:31:05.940 Which the president just blows off right there.
00:31:07.580 That's not interesting.
00:31:08.200 Let's move on.
00:31:08.800 But the president, yeah, the president, he said that a couple times where he said that's a boring story.
00:31:13.580 You don't want to hear the boring story.
00:31:15.520 That's boring.
00:31:16.020 We're not going to talk about that.
00:31:17.200 And then he moves on because, remember, this is then – so this is – look, this is no scout policy, but maybe some mini-scalps.
00:31:26.720 Mini-scalps.
00:31:27.740 But those are internal.
00:31:29.220 You're doing those internally.
00:31:30.160 They don't count as scalps.
00:31:30.980 Well, look –
00:31:31.400 Scalps are serving them up.
00:31:32.420 Because, remember, there are a lot of people still – the way that the National Security Council is constituted, there are still people who were either holdovers from –
00:31:42.020 Detailees.
00:31:42.640 Yeah, detailees.
00:31:43.280 Well, folks, you know, so two-thirds of the – two-thirds of 75 percent of the staff is detailed from the Pentagon, from the CIA, from DHS, from Justice Department, state, and one-third are the political appointees, people that the president can bring in.
00:31:58.720 So it's basically 30 to 50 political – but the Seb Gorkas, the –
00:32:05.400 The vast majority are detailees from various –
00:32:07.380 Detailees, yes.
00:32:08.120 And you manage those detailees, and they bring the resources of those departments.
00:32:11.820 The people that are getting rid of, though, were, I believe, political appointees, not detailees that were not – well, I'll have to find out.
00:32:19.160 I know there's a list of detailees, too.
00:32:20.920 We had a list of – you know, put together by Sergeant Higgins, I think it was like 150 people should go back because the detailees were all Obama and Bush.
00:32:30.040 And Sergeant Higgins, of course, McMasters did not implement that.
00:32:33.520 Hang on one second.
00:32:34.120 Steve Cortez has got another clip.
00:32:35.520 Let's play the clip, and Steve will bring you back in any other thoughts you've got today because those are the questions that are bombarding the president.
00:32:42.320 He's saying, hey, I'm talking to executives, talking to automotive executives, everything I'm hearing is going to – everything is going to work out.
00:32:48.820 Steve Cortez, let's go ahead and play the clip.
00:32:50.860 Patriots, do you think that we should be a country that makes things again?
00:32:55.860 Should we be a society where a family can thrive on a single income?
00:33:02.060 Well, we can never reach those goals unless we get trade policy correct.
00:33:09.160 And tariffs are a huge part of that new agenda of patriotic populist nationalism.
00:33:19.460 Steve Cortez, explain that for me.
00:33:21.220 We can't get the economy right until we get trade policy right?
00:33:23.660 What do you mean by that?
00:33:24.320 That's exactly right.
00:33:25.860 Because, again, too much of the economy for decades has been predicated upon offshoring and massive, exorbitant, unsustainable debt.
00:33:34.760 And what I promoted there and communicated in that video in an article I wrote on it as well is that President Trump is doing something daring here, right?
00:33:44.000 And he is challenging America to dream about something big.
00:33:47.680 For example, let's reclaim a prosperity that we used to have in this country where a family could thrive on one single middle class income.
00:33:56.940 We've completely left that economic realm.
00:33:59.980 And we hardly even talk about it.
00:34:01.220 But President Trump is saying, here's how we get back there, by reindustrializing the United States, by making sure that we make things in this country again, and by making sure that we are not abused by predatory trade practices from any other country, particularly China, but even from our supposed friends, that we are not going to be abused again.
00:34:19.940 And, by the way, I think President Trump, you made this point earlier, Steve, it's so important.
00:34:24.540 President Trump's whole life, really, if you look at it, has been leading to this moment.
00:34:29.780 Because you're right, he's done some incredible things on the border, some incredible things on the culture, on pro-life, a huge list of material accomplishments.
00:34:37.800 But his signature issue, if you go back all the way to when he first became a public figure, all the way back to the 1980s, his signature issue has been trade and has been the way America has been abused in trade.
00:34:51.620 And, by the way, Steve, I will, you know, public confession here, I speak about this with the zeal of a convert because I used to be a Wall Street Republican.
00:34:57.580 I used to believe in that nonsense of so-called free trade until Donald Trump came along in 2015 and opened my eyes, and I think opened a lot of people's eyes and said, wait a second, we don't have free trade.
00:35:07.420 We never have.
00:35:08.500 It's been managed trade and mostly managed against the interests of working class Americans and in favor of the Chinese Communist Party and in favor of American plutocrats and American oligarchs for their self-aggrandizement.
00:35:22.400 And they simply don't care what happens to entire communities, entire regions, entire industries in the United States.
00:35:29.260 So he has been working toward this in many ways his entire life.
00:35:33.660 This is a culmination of a life's work.
00:35:35.680 And, again, this kind of a grand strategy and this kind of a momentous policy shift, it's not easy.
00:35:43.340 The transformation is not easy.
00:35:45.300 And there's fits and starts, of course, along the way.
00:35:47.700 But the point is, if we look at where it's going to take us, we can also harken back to history.
00:35:52.560 It's not only looking forward.
00:35:53.820 Harken back to Alexander Hamilton, to Abraham Lincoln, some of the great champions of tariffs in American history.
00:35:59.680 So looking back at our history and then looking forward at what we can and will become if we insist that we prioritize American workers in all of our trading relationships.
00:36:10.240 And, again, we have an advantage that no other country in the world has.
00:36:13.960 We've earned that advantage.
00:36:15.220 It's not luck.
00:36:15.740 We earn the advantage of being the crown jewel consumer market in the world.
00:36:21.540 And when everyone is dying to get into your section of the theater, your part of the stadium, you charge a premium.
00:36:29.300 That is what Donald Trump is starting to do.
00:36:30.840 And I think it's also important for us to telegraph, you know, as Jack was saying, that these aren't just negotiation ploys.
00:36:37.280 No, this is policy.
00:36:38.540 OK, this should be permanent.
00:36:40.120 We should have been doing this for decades.
00:36:41.380 We did it for many, many decades in our history.
00:36:43.800 We should have been doing it in our recent history.
00:36:45.420 We're going to do this going forward.
00:36:47.600 You have to pay a premium to get in here.
00:36:49.260 You will not abuse American workers.
00:36:51.020 And if you want access to this market, the best way to do it is employ Americans, invest here, buy American real estate, American CapEx, make your products here.
00:36:59.160 And then the tariffs are irrelevant to you.
00:37:02.220 A couple of days, at least, of choppiness, and particularly as the left.
00:37:06.180 The left is trying to spur a panic here.
00:37:09.180 A couple of days of Steve Leesman and these guys on CNBC trying to goad on people dumping their stocks.
00:37:15.420 Dumping their bonds, sir.
00:37:16.700 You expect that the next couple of days?
00:37:18.720 You know, let me give you a word about Steve Leesman.
00:37:20.200 Since I mentioned before, you know, I worked at CNBC for a long time and had great years there.
00:37:24.600 Steve Leesman has worked his entire career in journalism.
00:37:27.660 Okay, went to Columbia Journalist School, then took his Ivy League journalism degree and worked in journalism as a dutiful stenographer and PR agent for the American establishment.
00:37:38.300 So when he talks about financial markets, he's not somebody, you know, who, like me, traded in the Chicago options markets, dealt with the Chicago pits with some of the wildest forms of capitalism possible.
00:37:48.640 He's not somebody who managed money.
00:37:50.400 He's not somebody who took risk.
00:37:51.840 He's not somebody who has signed paychecks.
00:37:53.400 He simply pontificates his ridiculous leftist defenses of the ruling class prerogatives in this country.
00:38:01.780 That's the reality.
00:38:02.520 And to answer your question directly, are they trying to gin up fear and panic?
00:38:06.140 100% they are.
00:38:07.820 Why?
00:38:08.380 Because they hate Trump more than they love this country.
00:38:12.300 They despise Trump more than they care about the prosperity of their fellow Americans.
00:38:18.040 That is the reality here.
00:38:19.340 So to all the deplorables out there, please don't fall for it.
00:38:22.940 I'm not saying things aren't volatile.
00:38:24.380 Of course there's volatility in the market.
00:38:25.900 I'm not saying this wasn't a bad day.
00:38:27.420 It was absolutely a bad day in the market.
00:38:29.760 I'm saying keep perspective, put things in context, in broader context, and then also focus on where we are headed.
00:38:37.600 Now, because we painted ourselves into an awful economic corner, it doesn't mean that getting to that place of reindustrialized America and mainstream prosperity, it's not easy, but it is worth doing.
00:38:49.580 And if any country on earth can do it, it's the United States.
00:38:52.480 And if any leader and team can do it, it's President Trump with lieutenants like Scott Besant.
00:38:58.680 Talk about somebody who has managed money, who knows about interest rates, who knows about bonds.
00:39:02.820 He's one of the most successful bond traders in the world, now managing the bond portfolio of the United States.
00:39:08.320 And President Trump mentioned this as well in the plane.
00:39:09.960 One of the few silver linings of this market volatility lately is that money has come into bonds.
00:39:15.260 And when money comes in and buys bonds, it means interest rates go down.
00:39:18.480 So our debt obligations, while still ridiculous, have gotten a bit more manageable in recent days.
00:39:24.820 That's a good thing.
00:39:26.200 President Trump mentioned this.
00:39:27.540 Interest rates down since he took office.
00:39:29.340 Gasoline down.
00:39:30.500 Eggs down.
00:39:31.180 That's real world.
00:39:32.340 That's kitchen table stuff.
00:39:33.920 The 10-year treasury getting closer to four.
00:39:38.300 Yeah, just before.
00:39:38.980 So it's going to be choppy for a couple of days.
00:39:41.020 People got to stick with it.
00:39:42.340 Cortez, where do people go on social media to get these videos?
00:39:45.460 You're making these films.
00:39:47.920 Everything about the American worker.
00:39:49.780 This new group.
00:39:50.340 Thank you.
00:39:50.660 All of my documentaries, my articles, everything at cortesinvestigates.com.
00:39:55.600 Cortez with an S.
00:39:57.320 Cortesinvestigates.com.
00:39:58.720 And on X, I'm at Cortez Steve.
00:40:00.700 Thank you so much, Steve.
00:40:01.460 Appreciate it.
00:40:02.080 Thank you, Jeff.
00:40:02.440 Brother Cortez, good report from the pits.
00:40:06.280 Cortez was in the pits in Chicago.
00:40:08.180 With Santelli.
00:40:09.860 Rick Santelli, that's a real American.
00:40:11.520 You have news to report.
00:40:12.640 Do you not, Jack Posovic?
00:40:13.780 President Trump, he says there on the clip as well from Air Force One that they asked him,
00:40:20.520 how long do you think it'll be to see this manufacturing to get to where you want it?
00:40:26.300 And President Trump says this is a two-year process.
00:40:29.180 So that's in line with what we've been reporting out on human events as well about how this is not some ploy.
00:40:36.640 This is not him doing the art of the deal, which, of course, a lot of people seem to think,
00:40:40.140 oh, he's just getting people to the table.
00:40:41.460 This is the opening bid.
00:40:42.560 And, you know, even Secretary Best said, don't worry.
00:40:45.160 Don't worry.
00:40:45.700 I'll come in and say, look, no, no, no.
00:40:47.060 And how has President Trump portrayed it?
00:40:49.220 It's an operation.
00:40:50.400 It's an operation.
00:40:51.840 The patient is doing well.
00:40:53.100 His tweet has sworn it's so perfect.
00:40:54.140 The body is taking it well.
00:40:57.840 Let's go back to Cortez's point.
00:40:59.100 And it's working out.
00:40:59.660 Let's go back to Cortez's point.
00:41:01.260 But it's going to take time.
00:41:02.160 This is to the core of the man.
00:41:04.080 This is what he's believed when he first started thinking about public office and started thinking about something bigger than New York City real estate,
00:41:11.000 something bigger than himself.
00:41:12.400 He was focused from the very beginning on the country, on blue collar workers, on the heart of the country.
00:41:18.340 This is a guy that came from Queens.
00:41:20.260 Remember, the first time he got involved in sports was in football, right?
00:41:25.620 He's really a throwback to the Mad Men era.
00:41:28.640 You look at Trump.
00:41:29.440 You think of Frank Sinatra.
00:41:30.620 He came up in that era.
00:41:31.500 He came up in that era.
00:41:32.360 This guy understands what America was at the top of its game when it was a manufacturing superpower and how those workers,
00:41:41.040 how New York City was a manufacturing superpower back in those days, back after the war, 50s and 60s, before the jobs left.
00:41:47.420 This is to the core of him, is it not?
00:41:49.440 Well, and even before that, New York City was the focal point from the Erie Canal where all the Erie cities would come down through the Erie Canal.
00:41:58.500 You'd stop in New York City.
00:41:59.880 That's what built Wall Street because it became the financial capital for all of the exports.
00:42:04.240 Those Dutch trading right there where the dumb mix and the Polacks were working the stevedores.
00:42:13.260 But this is the whole idea is we don't even realize why New York City is New York City, why Wall Street exists.
00:42:18.340 So you had to have the financial trade there to be able to come in and purchase and sell those exports that were coming out.
00:42:25.160 It was because of the Great Lakes cities, because of the Erie cities.
00:42:26.880 And those Great Lakes went to the Ohio Valley.
00:42:28.620 They wanted to get into the heartland of this country.
00:42:30.480 That's what got you across the Appalachians, across the Etihad.
00:42:33.700 That's why the manufacturing is there.
00:42:35.120 It's all based on the waterways.
00:42:36.220 If you just understand the waterways, this can all come together.
00:42:40.060 But nobody teaches any of this stuff anymore.
00:42:42.220 Why do the Houthis matter?
00:42:43.260 Why does the Red Sea matter?
00:42:44.160 Why does the Panama Canal matter?
00:42:45.480 Why does Greenland matter?
00:42:46.460 Why do the Great Lakes matter?
00:42:47.380 Why is the vast Pacific?
00:42:49.660 The vast Pacific, the three island chains, the heartland of this nation.
00:42:54.420 Donald Trump understands it.
00:42:56.200 Folks, what Trump is doing, and this is what crushes all these people that criticize him all the time.
00:43:01.200 It's a geoeconomic and geostrategic reset that is literally the most and biggest thing since World War II, which was a culmination.
00:43:10.640 World War II either ended or was a midpoint in a war that started in 1914 and ended basically in 1989, right, the short 20th century.
00:43:19.900 And World War II was the midpoint of that.
00:43:23.980 Trump is trying to essentially end that war, right, because the Cold War really didn't end it.
00:43:29.660 End it and have another geostrategic reset.
00:43:33.320 That's why the Russian people and the Chinese people are so central here.
00:43:36.880 They're our true allies.
00:43:38.520 They're the ones that bled in World War II.
00:43:41.420 Ourselves and the British produced the arms and came in from the perimeter in a very bloody and gallant way, but to free the Eurasian landmass from the fascist powers that were trying to control it.
00:43:51.900 And in a way, we sort of inherited the British Empire, and we've sort of been attempting to maintain this.
00:43:58.980 We call it different things.
00:43:59.980 We call it the liberal world order.
00:44:03.060 The post-war international rules-based order.
00:44:05.460 The rules-based, et cetera.
00:44:06.360 But it's basically along the lines of the British Empire plus a few things.
00:44:11.140 That's why India is on board.
00:44:12.140 That's why all the rest of it is there.
00:44:13.320 So the Commonwealth countries, former Commonwealth countries, President Trump actually has an interesting correspondence with King George about the Commonwealth countries.
00:44:21.620 Don't go there.
00:44:22.080 I don't want to get my brother, Alex Jones.
00:44:23.980 Rahim is on here about that.
00:44:26.680 If he's got posts on Rahim talking about poor Alex Jones will melt down again.
00:44:30.400 No, but the point is that this has been the system.
00:44:32.680 This has been the system.
00:44:33.520 But America was never designed to be – our whole independence, go back to 1776, the founding fathers, did not set us up to be part of the British system nor set us up to be the inheritors of the British system.
00:44:46.300 We were set up to be a separate nation state that was wholly independent, that was economically independent, that was energy independent, that would be energy dominant.
00:44:57.080 Ben Franklin talked about that.
00:44:58.320 Whoever controls the Mississippi and the Mississippi River Delta will have the power in this hemisphere.
00:45:04.880 He was very clear about this, and it's still true today.
00:45:07.600 So when you look at everything that we've done is we've attempted to overextend ourselves to become this sort of New Britain, a new Rome, whatever you want to call it, and it just doesn't work.
00:45:17.360 It just doesn't work.
00:45:18.260 Somebody else knew about the Mississippi were Generals Grant and Sherman who tried to convince Lincoln, we can end this war by taking the Mississippi.
00:45:25.520 Once you take the Mississippi, you cut off Texas, and then we'll figure it out from there.
00:45:29.140 We're going to take a short commercial break.
00:45:30.260 Postal is going to stick with us.
00:45:31.180 Julie Kelly, if she's out of court, she was over at – with Judge Boesberg today.
00:45:36.680 The irony of ironies.
00:45:38.780 Boesberg is the judge that has to decide on the –
00:45:41.680 Totally random.
00:45:42.320 On Facebook.
00:45:43.080 Totally random.
00:45:43.900 Totally random.
00:45:44.580 How does he draw Facebook?
00:45:45.780 Random panels.
00:45:46.340 Actually, on our side – he's on our side on Facebook.
00:45:48.900 I hear that he does not want to delay the trial because he turns out, I think, maybe an anti-monopolist, if I'm hearing correctly.
00:45:58.360 Don't know.
00:45:58.800 But what are the odds of that?
00:46:00.180 He draws Facebook.
00:46:00.940 Is it true that Zuckerberg bought the mansion right next to his house?
00:46:04.940 Is Zuckerberg now a staffer over the White House?
00:46:07.080 Okay, short commercial break.
00:46:08.000 We'll be back in the warm in just a moment.
00:46:09.040 While we may have won this election, the fight to restore our great nation is only beginning.
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00:47:46.800 It's an interesting asset, right?
00:47:48.980 I mean, it's been a spectacular asset, not just this year.
00:47:51.400 It's been a spectacular asset for 25 years.
00:47:53.480 I mean, I would like to point this out to people.
00:47:55.060 Gold has outperformed the S&P 500 by almost 100% over the last, you know, 25 years.
00:47:59.980 It's a little known fact.
00:48:00.920 But the risk for gold, something like that, which is a safe haven asset, is that's what, you know, that's what you sell when you need to sell something, you know.
00:48:09.560 So we're definitely not there.
00:48:10.980 Like, for example, in COVID, if you remember in COVID, when we had the final collapse, gold went down as much as the stock market.
00:48:17.180 Why?
00:48:17.700 Because that's what, you know, you sell what you can, not necessarily what you want to.
00:48:21.440 When I say it, gold outperformed the S&P 500 over the last 25 years.
00:48:26.300 That's pretty shocking.
00:48:27.960 It's true.
00:48:28.680 We don't promote it here on the show.
00:48:30.100 What we do is tell you to go learn about gold as a hedge in a store of value.
00:48:34.300 But times have changed.
00:48:36.640 Gold's over $3,100.
00:48:39.000 It's not about the price.
00:48:40.360 It's about how it got there and where it's going.
00:48:42.260 That's what Philpatrick and the team can give you.
00:48:44.280 Birchgold.com slash Bannon ended the dollar empire.
00:48:47.060 Get smart.
00:48:47.800 The smarter you get, remember, they do not want you to understand the math associated with macroeconomics or public economics.
00:48:56.700 This month, April, is Financial Literacy Month.
00:49:00.340 Did you know that?
00:49:01.080 If you become financially literate, you become more powerful in your own life.
00:49:05.300 Besides the fact you become more powerful in the political life of MAGA.
00:49:10.100 The Treasury Department actually talked to me today.
00:49:12.160 I think tomorrow we're going to start rolling out some things on financial literacy.
00:49:15.360 Birchgold.com.
00:49:16.180 Best thing to do.
00:49:16.580 Take your phone out, Bannon, 9-8-9-8-9-8.
00:49:20.100 It's a free brochure on investing in gold in the era.
00:49:23.240 Trump, the ultimate guy.
00:49:24.340 Get it today.
00:49:25.400 Get smart.
00:49:27.180 Poso, it was great for you to drop by.
00:49:28.640 I know a very busy day for you.
00:49:29.960 A couple of busy days for you.
00:49:31.380 You've been all over.
00:49:31.780 No, you're in Harrisburg.
00:49:33.280 We're in Harrisburg tomorrow.
00:49:34.140 You're all over, man.
00:49:35.380 You're moving.
00:49:35.580 You're moving.
00:49:36.940 You're moving home.
00:49:38.160 What's up in Harrisburg?
00:49:39.260 We've got the Pennsylvania Leadership Conference.
00:49:41.040 We're going to be there with Dr. Steve Turley.
00:49:42.960 We're going to be with Cliff Maloney.
00:49:44.460 We're going to be talking new media.
00:49:45.800 We're going to be talking.
00:49:47.300 When are you running for the Senate or for governor up there?
00:49:50.320 I love what I do.
00:49:51.460 I love what I do.
00:49:52.360 I love what I do.
00:49:53.380 But I do get upset when I see the people of Pennsylvania getting ripped off the way that they are.
00:49:57.300 And Josh Shapiro is your governor?
00:49:58.500 Come on.
00:49:58.980 Don't even say that.
00:49:59.860 Five foot three.
00:50:00.500 That little five foot three guy.
00:50:01.480 Come on, man.
00:50:01.860 He's got a lot of problems.
00:50:02.820 Don't be picking on guys.
00:50:03.940 He's got a lot of problems.
00:50:04.960 Hey, pick on someone your own size, Josh Shapiro.
00:50:07.180 And the thing is, though, is what we're going to be talking about, especially with Cliff Maloney,
00:50:11.920 is we're going to be dissecting what happened in Wisconsin.
00:50:16.080 And I've been saying this, you know, on human events as well.
00:50:19.040 I said, I said, guys, we need to be Soros maxing.
00:50:21.500 He said, what Soros max?
00:50:22.760 What do you mean?
00:50:23.120 He said, look, what does he do?
00:50:24.580 What does Soros do?
00:50:25.080 He didn't just throw some money and have a bunch of rallies.
00:50:27.160 No, he builds.
00:50:28.560 He goes in and he builds institutions from the ground.
00:50:31.700 And for low propensity voters, we need a machine.
00:50:34.560 Charlie's kind of started this.
00:50:35.740 But Wisconsin showed that you've got to get to the Trump low propensity voters.
00:50:40.480 Trump's not going to be on the ballot forever.
00:50:42.220 Of course, he's going to be on the ballot.
00:50:43.500 He's going to be on the ballot in 28.
00:50:45.040 But then thereafter, we got to figure it out.
00:50:46.880 Right.
00:50:47.000 We got to get and we have to win in 26 or else the Trump administration grinds to a halt
00:50:51.140 because there'll be an impeachment.
00:50:52.460 The subpoenas.
00:50:53.240 Folks, you don't want to go back to that.
00:50:54.780 Remember the two.
00:50:55.380 Remember the years we had to fight all that?
00:50:56.680 You don't want to go back to that.
00:50:57.640 You think Adam Schiff, I'm sure, has three impeachment ideas on the shelf already.
00:51:01.200 Who signed over to the show at the very first – in October of 2019, we first started
00:51:05.780 warm impeachment because nobody else on the right was covering it because they didn't
00:51:08.240 believe it.
00:51:08.840 Well, the White House was actually saying it's fake news, right?
00:51:11.180 So we had to start.
00:51:12.660 We don't want to go back to that.
00:51:13.960 Remember how – that was a grind.
00:51:15.580 Yes.
00:51:15.880 That was a grind.
00:51:16.320 So the way that you do it – no, I remember sitting right over there on the couch with Raheem
00:51:20.080 and he would print out the transcripts that were going through and you've got,
00:51:24.260 you know, Gregory Kayet and this ambassador and that – he's got the highlighters out
00:51:29.200 and the different boxes.
00:51:30.260 I'm like, Raheem, you're a nerd, bro.
00:51:32.780 Nerd now.
00:51:33.660 And we went through it.
00:51:35.240 We went through it.
00:51:35.620 We blew the whole thing up and that's how we got Charamella.
00:51:37.500 That's how we got Veneman.
00:51:38.240 That's how we got the rest.
00:51:38.840 But look, the point is you have to go in these places and build and you have to work the
00:51:42.900 coalitions.
00:51:43.420 Look, the MAGA is the working soul of – heart and soul of this movement and of this
00:51:50.440 country.
00:51:50.880 But you know who else is out there is Maha.
00:51:52.280 There was no engagement of the MAGA movement at all in Wisconsin.
00:51:56.600 You have to work the coalitions.
00:51:58.580 You can't just sit there and say, hey, come vote for us.
00:52:01.060 This guy's like Trump.
00:52:01.920 It's good to go.
00:52:02.520 No.
00:52:02.840 You have to be there.
00:52:03.960 You're day in.
00:52:04.860 You're day out on the granular level.
00:52:06.560 That takes local institutions and local buildings.
00:52:09.180 Orrin Cass is on Human Events Daily tomorrow?
00:52:12.520 We're scheduling.
00:52:13.480 So tomorrow is the conference.
00:52:14.600 We'll be doing the show at the conference.
00:52:15.620 You're going to do it live.
00:52:16.420 We're working on getting it.
00:52:17.260 We're working on getting it.
00:52:17.840 Everything, with the show, your social media, Twitter handle, all of it.
00:52:23.460 Look, folks, it's the great deal.
00:52:25.260 Go watch Human Events Daily this week.
00:52:27.460 We've been breaking it down.
00:52:28.700 The great deal is a great deal for the American people.
00:52:32.020 You've been getting a bad deal.
00:52:33.660 Now it's time for the great deal.
00:52:35.540 So Human Events Daily.
00:52:37.200 Go listen.
00:52:38.220 Download it.
00:52:38.920 You'll be able to get it every day wherever you get your podcasts.
00:52:40.960 And, of course, the book, Unhumans, understand what's going on in our world today.
00:52:44.140 Love that book.
00:52:45.100 The great Tanya Tay.
00:52:46.200 Tanya Tay is out with her sister.
00:52:47.980 Is that what?
00:52:48.520 She's doing a little girl's action.
00:52:51.320 Family, that's okay.
00:52:52.000 A little girl's action.
00:52:52.920 You're taking care of the kids?
00:52:54.080 Jack, Jack.
00:52:54.520 Yeah, the big one.
00:52:55.040 Mine's just a little one.
00:52:55.800 Okay, fine.
00:52:56.680 Okay, Posobik.
00:52:57.760 We can pick up Human Events Daily live.
00:53:00.040 You're going to do it live tomorrow?
00:53:01.020 We're going to be live tomorrow.
00:53:01.860 We can even do some hits, you know, maybe tomorrow morning.
00:53:03.800 During the day, maybe in the morning, 10 to noon from Harrisburg.
00:53:06.520 Fine, perfect, done.
00:53:07.340 We'll be up there.
00:53:08.000 Send them to McCormick.
00:53:08.500 I love McCormick and Dina.
00:53:11.860 Okay, Mike Lindell.
00:53:14.820 I'm going to see if you can sell better than Posobik.
00:53:17.680 Sell me some sheets, brother.
00:53:20.340 I'm tired.
00:53:21.640 This is going to be called the War Room Wholesale Specials.
00:53:25.360 That's what we're going to give you all the time.
00:53:27.220 These box stores that have canceled, we got a whole new line for you.
00:53:31.100 All the kitchen towels, bathroom towels.
00:53:33.120 We have oven mitts, potholders, all this stuff that was earmarked
00:53:37.260 where these box stores canceled.
00:53:39.060 You get it now, the War Room Posse.
00:53:41.040 If we put it up, there it is, you guys.
00:53:42.840 As low as $9.99 with what?
00:53:46.040 The famous promo code WARROOM.
00:53:48.400 The most sought-after promo code ever.
00:53:51.380 Kitchen and towel sale.
00:53:52.680 It's all on for wholesale prices.
00:53:55.060 Go to the website.
00:53:56.220 Go to MyPillow.com.
00:53:58.300 Scroll down until you see our leader, Steve, there.
00:54:00.940 Click on him.
00:54:01.920 There it is, the $9.99 sale.
00:54:03.800 You guys click on that, you'll see all these kitchen and bathroom stuff on sale
00:54:08.360 for wholesale prices because we keep getting canceled by the box stores,
00:54:12.820 and we're going to pass it all on to the War Room Posse.
00:54:16.020 We have our clearance special still on.
00:54:18.400 Go ahead.
00:54:19.680 No, what I want to do is tomorrow on the morning show, I'm going to get the letters.
00:54:23.580 I want to read some letters to the audience, the box stores that are canceled.
00:54:26.880 It's horrible.
00:54:27.620 Yeah.
00:54:27.720 Dear Mike, we don't want to be associated with a brand like MyPillow that supports President
00:54:32.480 Trump, right?
00:54:33.660 Screw them.
00:54:34.580 It's terrible.
00:54:35.100 Screw them.
00:54:35.700 You're not going to sell your pillows and your great sheets in those dumps, right?
00:54:40.460 We're going to rip their stores on the show live.
00:54:44.780 Yeah.
00:54:45.240 And Steve, you know what they're doing?
00:54:46.860 You know what they're doing?
00:54:47.700 They're using that promo code WARROOM because you know they're using the products.
00:54:52.540 Exactly.
00:54:54.660 MyPillow.com, promo code WARROOM.
00:54:56.120 We'll see you tomorrow, Mike.
00:54:57.620 Lindell, keep fighting.
00:55:00.580 Lindell supports the tariffs.
00:55:01.980 Made in America, baby.
00:55:02.760 Made in America.
00:55:03.540 By Americans.
00:55:04.400 Made in America by Americans.
00:55:05.420 Jack Pasovic will get you on in the 10 to noon show live up in Harrisburg as Jack Pasovic
00:55:11.140 takes on the road.
00:55:12.080 We're going to leave you with the right stuff.
00:55:14.480 We're going to cartel country.
00:55:16.780 The indefatigable Ben Burquam and Oscar Blue Ramirez are down to give us a live report on the
00:55:23.480 tip of the spear of one of the most dangerous parts of the world as President Trump prepares
00:55:28.100 to drop the hammer on the cartels and destroy the fentanyl market.
00:55:32.080 And Julie Kelly, fresh from federal court, is going to be here live next hour, only in
00:55:37.380 the order.
00:55:47.840 The April 15th tax deadline is coming, and it's coming fast.
00:55:53.340 Do you have unfiled tax returns?
00:55:55.040 Can't pay the IRS?
00:55:56.600 The IRS is more than aggressive, and the more aggressive than ever.
00:56:00.100 And the longer you wait, the worse it gets.
00:56:02.740 Wage garnishments, bank levies, even property seizures are all on the table.
00:56:08.580 You need to get ahead of this, and you need to get ahead of it today.
00:56:12.360 But going up against the IRS alone is a big-time mistake.
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00:56:53.660 But you need to move.
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00:56:58.280 Remember, if you get that letter, don't put it in the drawer.
00:57:00.720 It just metastasizes.
00:57:02.560 Talk with one of our strategists today.
00:57:06.320 It's totally free.
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00:57:13.940 Call Tax Network USA at 1-800-958-1000.
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00:58:24.360 It is never too early to take care of your heart.
00:58:29.240 You see, heart disease sneaks up on us.
00:58:31.280 You can start in your 30s, and when this happens, you're at serious risk by the time you turn 60.
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00:58:50.980 That's code WARRoom at checkout to save 67%.
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00:58:59.280 Go there today.
00:59:00.940 If you're going to be part of the posse, you need a strong heart.
00:59:03.820 You need a lion's heart.
00:59:05.580 How we're going to do that is with Salty.
00:59:07.880 Go there.
00:59:08.520 Do it today.
00:59:09.140 Check it out.
00:59:09.580 Thank you.