Bannon's War Room - April 04, 2025


Episode 4389： Fed Powell Addresses The Nation On Tariffs


Episode Stats

Length

58 minutes

Words per Minute

173.14409

Word Count

10,162

Sentence Count

929

Misogynist Sentences

6

Hate Speech Sentences

12


Summary

Trade Deficits are the number one economic problem facing the United States, and it's one that President Trump is trying to fix. In this episode, Rick and Andrew discuss the impact of trade deficits, the dark side of them, and the role of the Federal Reserve in addressing them.


Transcript

00:00:00.000 Harris and the Biden administration was the intrusion of corporations.
00:00:04.780 They don't have an allegiance to the U.S.
00:00:07.200 That's that's the heart of the problem in Trump's mind is the elite multinational corporations know no borders.
00:00:14.080 The money goes everywhere in the free trade global and globalism has been in reverse really since COVID.
00:00:21.740 The problem is, is that the direction of that reversal was wrong.
00:00:25.200 And maybe if Trump had a second term instead of Biden, instead of Vietnam and some of the alternate places that were extracted from China during COVID, maybe it would have come to the U.S.
00:00:36.360 Maybe that would have helped Andrew's question of how long it's going to take for onshoring to occur.
00:00:41.620 I'll tell you what, the structural issues of rejiggering trade are not going to be easy.
00:00:48.180 But in the end, once again, it comes to you know, I was doing Santelli exchanges on the end of globalism 10 years ago.
00:00:56.660 The handwriting has been on the wall.
00:00:59.320 Ultimately, if you live in the U.S. or you live in Europe or you live in China, ultimately what goes on at home is very important.
00:01:07.300 And after World War II, when the United States was way up here economically and everybody else was in melting ruins, we created this structure and the structure is outlived its usefulness in many ways.
00:01:20.580 And to try to tweak this, while no economy shuts down for maintenance is not going to be.
00:01:27.220 Wait, wait, what did you say?
00:01:28.820 Because we're the richest country in the world.
00:01:31.780 We came out of the pandemic faster.
00:01:34.460 We had better growth.
00:01:36.120 We are the most dynamic economy in the world.
00:01:39.120 And much of that and much of that money we spent was in debt.
00:01:43.120 The debt was financed by foreigners.
00:01:45.080 Some of that money.
00:01:45.700 They enabled us just like the Fed enabled us with those capital accounts.
00:01:50.140 I'm saying there is a dark side to the trade deficits.
00:01:53.960 In a different way, I think, than Trump looks at it, I look at it like it does.
00:01:58.820 It does underscore and underpin a type of financial behavior that in the long term hurts us.
00:02:06.340 I'm confused because if people make a decision to buy something from abroad, isn't that part of the freedom and independence people have?
00:02:14.660 They don't make that decision.
00:02:15.800 They make the decision to buy what's cheap.
00:02:18.500 And that's the problem.
00:02:20.420 That's the problem.
00:02:21.200 We're going to make it so it's not artificially cheap anymore.
00:02:24.040 Every day, Kmart low prices had a dark side for the American economy.
00:02:29.680 No, but here's my question, Rick.
00:02:31.440 What about all of the folks in China and India and other places who've been buying Nikes, who've been buying Starbucks, who've been going to McDonald's?
00:02:38.200 McDonald's.
00:02:38.840 OK, why does Nike sell a pair of gym shoes for 200 bucks and they have to make it in China where they pay people peanuts?
00:02:46.340 It doesn't make sense from the get go.
00:02:48.700 Wait, now you care about Chinese workers, Rick?
00:02:50.840 Build them over here.
00:02:52.800 Now you care about the Chinese workers.
00:02:54.640 We have people that make more money.
00:02:56.340 We have benefits.
00:02:57.680 We cost more to make stuff.
00:02:59.560 But there's a reason for that.
00:03:01.360 Because people bring their they buy something cheap and they have money to buy other things.
00:03:07.480 That's how it works.
00:03:08.440 Rick, over time, you want us to go back to the horse and buggy?
00:03:12.320 Really?
00:03:12.680 That's why Trump's reversing it, because we have thirty seven trillion dollars worth of how it works.
00:03:18.560 If we didn't have trade surpluses and we didn't have a Fed that left rates at zero, maybe the pain of overspending would hit home much sooner.
00:03:27.520 Rick, if you don't have that, but if you don't have the trade deficit, then you won't.
00:03:32.080 And everything gets manufactured here.
00:03:33.620 You're not going to collect the revenue that you want, I think, from those tariffs.
00:03:39.820 I think Trump would be happy with that.
00:03:42.680 I think the people who used to talk about economic freedom are suddenly talking about something a little different, that that there was a time when I've never talked about economic freedom.
00:03:51.260 I thought.
00:03:53.060 OK, thanks, guys.
00:03:54.160 Santelli's brilliant because he's worked in the Chicago pits and he understands basic economics and human behavior.
00:04:02.640 The other two guys kind of a clown show.
00:04:06.760 But we've avoided the trade deficit and avoided talk about the trade deficit.
00:04:11.120 The elites don't want to talk about it.
00:04:14.400 In the first term, when we talk about this, they go, oh, money's fungible.
00:04:17.960 That's a big thing.
00:04:18.540 Money's fungible.
00:04:19.100 What does that even mean?
00:04:21.860 The trade deficit is not fungible.
00:04:22.920 The reason they never talk about it, they don't want to talk about it because that exposes the con and the scam.
00:04:29.820 And President Trump's up on True Social.
00:04:31.560 What's the thing he's got with – what's the thing he's got with – with telling China that you overplayed it because China came back and punched back at 34 percent?
00:04:42.580 You know, all this issue with Trump being too soft on China and I would get all this grief behind the scenes.
00:04:51.900 Oh, Bannon, you anti-CCP, you and the new federal state of China and you and the Committee on the Present Danger, China, and you've got this and you've got that.
00:05:00.580 And Rogan in the book called you guys the super hawks.
00:05:03.860 You didn't even believe in the Chinese Communist Party and Trump's rubbing up on China and saying how much he loves China.
00:05:08.580 And President Trump respects President Xi, he says that.
00:05:13.080 He respects the Chinese people as we do.
00:05:15.640 We don't respect the Chinese Communist Party.
00:05:19.120 Right?
00:05:19.860 We're not fans of Xi, but President Trump, he's got – he runs his own deal.
00:05:23.340 But you talk about the biggest situation of decoupling, he signed an executive order about it.
00:05:30.980 He's talked about the three island chains and sent Pete Hexas over there to reinforce what our strategy is going to be.
00:05:37.860 And when Xi's at his weakest moment, when they're trying to shovel as much coal into the furnace as possible to keep the whole three-card money that is the Chinese economy from collapsing on them,
00:05:54.860 Trump and their complete export-driven country and those exports have to come to the United States, high-value edit.
00:06:02.980 What does he do?
00:06:03.560 He puts a 34 percent tariff on it.
00:06:05.180 Ba-boom.
00:06:07.860 They're in shock.
00:06:10.160 They're in shock.
00:06:11.180 That's economic warfare, 101.
00:06:13.940 And they came back and it was blistering talk in a 34 percent and they let the world know, hey, we'll see and maybe we'll match and maybe we'll raise it.
00:06:23.940 That's fine.
00:06:26.180 We ought to add on top of that with President Trump, the executive order, let's enforce it.
00:06:31.200 As we've been saying on the Committee on Present Danger for years, let's cut off the capital.
00:06:36.900 You cut off the capital and you cut off the access to technology.
00:06:41.780 You walk into Sequoia capital with a bunch of search warrants, right?
00:06:47.000 And maybe a couple, three indictments from a grand jury to stop shipping our technology over to their military.
00:06:53.180 You do that.
00:06:54.120 And maybe you put Neil Shinn, you put him in handcuffs.
00:06:58.700 You do that.
00:07:00.540 And you keep the 34 percent tariff.
00:07:02.400 Chinese Communist Party not going to be around all that long.
00:07:06.420 They need American capital.
00:07:08.100 They need American technology to survive.
00:07:10.240 And they need a free dumping ground of their product in the United States of America.
00:07:17.380 Now, Walmart, you're so powerful.
00:07:21.940 You're so big and powerful.
00:07:23.640 And the Waltons are so, you know, it made so much money.
00:07:27.220 Sam Walton would know what to do.
00:07:28.660 He wouldn't pass that on to the American working men and women that he had basically understood his entire life.
00:07:36.140 You know, running those little retail stores, little shops down in Arkansas.
00:07:46.380 You would use your strength to hammer the Chinese and say, hey, you got to figure it out.
00:07:52.920 Maybe, in fact, some stuff ought to be made here.
00:07:56.280 Maybe stuff's going to come back.
00:07:58.980 Same with Amazon.
00:08:00.840 Look at these countries.
00:08:01.960 These countries are part of it.
00:08:03.000 And look, the American consumer did it.
00:08:05.660 That's your full right.
00:08:08.740 But people are waking up to what the game is.
00:08:11.780 By bringing in the Chinese product, you've gutted Main Street.
00:08:15.580 By bringing in the Chinese product, you've gutted the basic foundational elements of us as an industrial power.
00:08:26.860 And last night I was saying, oh, well, there's, you know, $2 trillion.
00:08:29.240 No, no, no.
00:08:30.100 That's all assembly work.
00:08:31.160 We're talking about high value-added manufacturing jobs.
00:08:34.240 Do we have Howard Lutnick and the robots?
00:08:38.120 I don't have that yet on Jesse Waters.
00:08:40.240 Okay.
00:08:40.620 Jesse Waters, Howard Lutnick, robots.
00:08:43.220 Industrial.
00:08:43.800 Just let's pull it.
00:08:44.700 We'll get it eventually.
00:08:57.840 I promise we're going to get it.
00:09:01.980 And this is what Howard Lutnick said last night.
00:09:04.160 And Howard, I actually think, has been doing a pretty good job on the terrorists.
00:09:07.100 He's backed a little bit on message.
00:09:08.360 Uh, Besant has been doing great.
00:09:11.860 And, of course, all they're doing in process, they're going back, Scott Besant never said anything about terrorists his entire life.
00:09:16.060 Howard Lutnick never said anything about his entire life.
00:09:19.840 Nobody said anything about this their entire lives.
00:09:23.660 Well, first off, that doesn't matter.
00:09:25.280 They're part of Trump's administration.
00:09:26.560 This is Trump's idea.
00:09:28.100 And they're 100% on board.
00:09:29.440 I think Besant does a great job.
00:09:31.000 Obviously, Peter Navarro does a great job.
00:09:32.500 I think Howard Lutnick at Commerce is doing a pretty good job.
00:09:36.300 Now, he a little bit got out of harness last night and said, hey, we're going to, you know, bring back, you know, all the robots and have robot jobs.
00:09:43.960 There is going to be some.
00:09:45.120 Look, a lot of this is going to be advanced manufacturing.
00:09:47.580 It shouldn't be lost on you on the $500 billion that Apple's talking about.
00:09:52.380 I think there's 20,000 jobs.
00:09:54.380 That would normally not equate to the $500 billion investment.
00:09:58.420 Now, I don't know if that's all the way through at the plants, but Apple right now, I think 90% of the iPhones are made in China.
00:10:06.440 80% of the iPads.
00:10:07.840 There's some number.
00:10:08.420 The percentages are extremely high.
00:10:11.640 And they've already said that they're going to relocate manufacturing here to the United States.
00:10:17.040 And President Trump came out today again and reiterated on his first, I think the first true social he put out today, he said what?
00:10:24.340 He said, hey, I am locked in on this policy for these investors over there saying I switch.
00:10:29.700 I'm locked in on these policies.
00:10:31.080 And that's why these big corporations, it's one thing for these private equity funds or the Saudi sovereign wealth fund or these guys, which I'm not a fan of.
00:10:40.040 These guys put money in the United States, but they're looking for investment opportunities.
00:10:44.580 It shows you that they're hungry to put money here.
00:10:47.240 But that's different than these corporations.
00:10:49.500 When these top corporations in the world put big dollars in the back of plant and equipment, they need stability.
00:10:56.200 And, yes, you need to also build the ecosystem.
00:10:59.520 Can we play this?
00:11:00.800 This is Jesse Waters and Howard Lutton last night.
00:11:03.420 Let's go and play it.
00:11:04.020 We're not going to have all factories come back, like clothing, manufacturing.
00:11:08.960 That's tough to bring back.
00:11:10.040 But what kind of manufacturing are you talking about returning here?
00:11:15.140 Well, don't you can't just give that away.
00:11:18.720 See, what's going to happen is robotics are going to replace the cheap labor that we've seen all across the world.
00:11:25.840 I mean, think of what our factories did.
00:11:27.700 They went to the cheapest labor in the whole world, slave labor, cheap labor.
00:11:31.400 The worst environmental conditions, polluting the heck out of it.
00:11:35.260 And then we bring back those cheap products here and we feel good about ourselves because we don't see the pain.
00:11:41.360 Okay.
00:11:42.440 Okay.
00:11:43.800 Howard.
00:11:45.040 Yeah.
00:11:45.520 I think over at Commerce, Comms Department, let's get a little sharpened that.
00:11:49.220 Let's sharpen that argument.
00:11:51.300 I'm not sure I'll buy Jesse's first assertion.
00:11:54.380 I think you can, and you can do it without robotics.
00:11:56.660 I think you can smartly bring it back.
00:11:59.680 And entrepreneurs in this country are going to bring it back.
00:12:03.280 This is why we were just the other day.
00:12:04.840 The other part going on here is President Trump's got entire Justice Department looking at breaking up the big monopolies.
00:12:11.060 The argument these – the big – the corporatists and the oligarchs trying to make, oh, with China so ahead of us on so many things, we have to have national champions like the French Jews.
00:12:20.980 Do you have to have essentially monopolistic power?
00:12:23.700 No.
00:12:23.920 We're an entrepreneur company, a country.
00:12:27.560 This is what – entrepreneurs built this country.
00:12:30.420 It's in the spirit of us to get your side hustle to become your main hustle.
00:12:38.180 That's what we need to do here.
00:12:39.500 We need – we need thousands of little companies starting up.
00:12:47.620 We need access to capital of those little companies.
00:12:50.880 We need to break up these big companies and let this – and let this – and let it roll.
00:12:57.520 Let it bloom.
00:12:59.320 And it's going to happen.
00:13:02.240 Is this protectionist?
00:13:03.860 You call it what you want.
00:13:05.020 It's a reordering of the world's economic order and you should note the people that are – who's raised in hell the most?
00:13:11.900 The Financial Times of London, the Wall Street Journal, the New York Times, the Washington Post, CNBC, Bloomberg TV.
00:13:21.960 Are those your buddies?
00:13:24.400 Have those organs of information – have they ever been on your side?
00:13:29.680 Are they the ones – you know, what's unifying them?
00:13:31.900 They're the ones that took Trump most seriously when he first came on the scene in 14 and 15, didn't they?
00:13:36.240 They're the ones that really took time to think through what President Trump was talking about and really got away from the personal attacks.
00:13:42.020 They really – the last 10 years, those organizations I just named, they have gotten their hands dirty in saying exactly what has Trump been saying in his vision for American, American workers.
00:13:53.320 And why is it at the rallies that these people, the working-class people, come out?
00:13:57.200 They're the ones that wrote all the articles that didn't mock and ridicule President Trump's followers.
00:14:01.380 They didn't mock and ridicule you.
00:14:03.340 They dismissed you.
00:14:04.760 They stole an election from you, and they thought you would go away.
00:14:07.300 Well, guess what?
00:14:07.820 You didn't go away.
00:14:10.400 In April 2nd, when we eventually get around to a national holiday in remembrance of President Trump,
00:14:19.720 it won't be his birthday.
00:14:22.640 It'll be April 2nd, Liberation Day, in which he told the whole world, hey, this is the way it's going to be.
00:14:33.900 Have you heard – are they up for the class shot?
00:14:36.440 Are they up for the kindergarten, third-grade shot up on Capitol?
00:14:39.060 I haven't seen that.
00:14:39.860 Before they left, did Johnson, did Polly Pockets get them up there and get a class shot with, you know,
00:14:45.740 we support reciprocal tariffs, reciprocity, you know, little things in front of them, little cardboard, reciprocity?
00:14:51.200 I missed that.
00:14:54.160 Short break.
00:14:55.960 Going to Harrisburg next.
00:14:57.380 America's heart.
00:14:59.140 You don't go out and buy a life jacket when the boat is already sinking,
00:15:04.100 and you don't buy gold when the economy has already collapsed.
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00:16:12.700 Here's your host, Stephen K. Bannon.
00:16:15.020 Make sure you understand Birch Gold.
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00:16:54.960 For 25 years, this is not me, the guy the other day on Bloomberg.
00:16:58.020 25 years, gold's outperformed the S&P 500.
00:17:01.680 Does that tell you something about how we have to rejuvenate this economy?
00:17:05.060 I think that may be linked to the $25 trillion trade deficit and the debt, just saying, crowding
00:17:12.460 out of capital by federal debt and spending and trade deficits.
00:17:19.380 I think those two reasons this S&P 500 ain't outperformed gold.
00:17:23.700 Just throwing it out there for discussion.
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00:18:02.100 Jack Posobiec.
00:18:04.500 Brother, why are you not in the studio today?
00:18:06.540 There's so much going on.
00:18:07.980 Loomers taking out National Security Council guys.
00:18:11.300 The NSA quits last night.
00:18:13.080 The Cyber Command quits last night.
00:18:14.800 Deputies quitting last night.
00:18:16.120 Not quitting.
00:18:17.280 I guess getting fired.
00:18:18.780 Everything going on in the intel community.
00:18:20.420 What are you in Harrisburg for, sir?
00:18:21.860 See, I'm here manning the ramparts in Harrisburg, Pennsylvania, because this is where the real action is taking place for the defense of the republic.
00:18:32.940 This is where we won in 2024, was going through Harrisburg.
00:18:37.820 This was the road for the republic.
00:18:39.700 These are the areas, Harrisburg and then west of here.
00:18:42.380 This is exactly the spot where the people who are going to benefit from Trump's great deal and these new tariffs and the geostrategic reconfiguration of the global economy.
00:18:53.520 So that's why I'm here at the Pennsylvania Leadership Conference.
00:18:56.700 This is a gathering of the deplorables all across Pennsylvania.
00:19:01.020 You've got national groups.
00:19:02.060 You've got local groups from Tea Party types to Christians, small government.
00:19:06.620 We've got the Commonwealth Foundation.
00:19:07.960 We've got everybody here, Steve.
00:19:09.580 And we've even got a couple of posse members that are here.
00:19:12.460 This is action oriented because we're building out the infrastructure for 2026 and beyond.
00:19:19.300 Yeah, it's the purpose today to make sure that that the 2024 massive victory in Pennsylvania is not a one off event that in a midterm.
00:19:30.480 What's we make sure that what happened the other day in Wisconsin does not happen in Pennsylvania because that happens in Pennsylvania on the first week of January, 2027.
00:19:42.040 Donald Trump, there'll be a move to impeach Donald Trump by Hakeem Jeffries.
00:19:46.120 Correct.
00:19:46.640 So we're not going to let that happen here in Pennsylvania.
00:19:51.780 I couldn't let that happen here in Pennsylvania.
00:19:53.820 We've got Kev here.
00:19:54.720 Kev Posso is here.
00:19:55.800 So the Poso bros are back in Pennsylvania.
00:19:57.980 We're here to make sure that Pennsylvania, Sand Strong, going through the midterms.
00:20:03.160 Josh Shapiro, little Josh, you know, he's right across the river here over at the governor's mansion.
00:20:08.320 So we're going to make sure that he knows that we're around, too.
00:20:11.160 And let's just say that he's a topic of discussion here on the table.
00:20:15.380 Hey, hold it.
00:20:16.880 Hang on.
00:20:17.280 I thought Shapiro put out a statewide decree that both of the Posso brothers can't be in the state.
00:20:22.520 It can't be in the Commonwealth of Pennsylvania at the same time.
00:20:26.600 Hey, enforce it, Joshy.
00:20:28.080 We're right here.
00:20:28.820 Come on.
00:20:29.420 Come on.
00:20:33.240 Posso.
00:20:33.760 So what you're going to speak later today.
00:20:35.580 What time do you speak?
00:20:36.400 We want to stream this.
00:20:38.520 So I'll be I'll be doing my show live from here at 2 p.m.
00:20:42.420 And then we two to three.
00:20:43.880 And then we speak right at four.
00:20:45.340 I'm going to be on a panel with Cliff Maloney, as well as Dr.
00:20:48.040 Steve Turley, another PA guy.
00:20:49.580 We're all talking all Pennsylvania and how new media is infused with the grassroots networks
00:20:55.060 to build just the same way the War Room Posse did in 2024.
00:20:58.340 And just like these War Room Posse members here did in 2024 and are even doing now in local elections this year.
00:21:06.260 So this is great.
00:21:07.400 Everybody's coming together.
00:21:09.740 The Human Events Daily is live.
00:21:12.220 You're then we're going to stream your four o'clock panel and then hopefully follow up at five o'clock.
00:21:17.220 I've got to ask you a question on geo strategy, sir, before I let you go.
00:21:25.840 The head of the Communist Party, the general secretary of the Communist Party in Vietnam,
00:21:29.820 because that still runs the deal, although the biggest capitalists in the world,
00:21:33.480 has already reached out to President Trump, Jack, and they're near the top of the list.
00:21:38.260 I think Cambodia is the top.
00:21:39.780 And I think Vietnam, because so much stuff transferred from China during the pandemic to Cambodia, Vietnam and Southeast Asia,
00:21:46.680 as you know very well, he essentially contacted President Trump and said, OK, we surrender.
00:21:51.800 We want to go to zero.
00:21:53.380 We want to do as fast as possible.
00:21:55.620 How do we do that, Mr. President?
00:21:56.960 And he said to him, congratulations, said, hey, this is the first guy I'm going to meet with.
00:22:00.060 Because he reached out to Quickest and said, I see what we're doing.
00:22:03.220 I didn't fully understand it.
00:22:04.520 We're going to zero.
00:22:05.860 How big a deal is that in putting it back up in the grill of all these all these people saying it's the end of the world?
00:22:11.440 Well, Steve, this is exactly the point of the art of the deal.
00:22:17.460 So the art of the great deal is this.
00:22:19.920 We're making a deal for the American people.
00:22:22.940 We're putting our American workers first.
00:22:25.400 We're putting the people of Pennsylvania first, like we're doing here in Harrisburg, Pennsylvania today.
00:22:30.420 So Vietnam and Cambodia and Thailand, this is all a message, by the way,
00:22:34.400 because what are they directly south of and they have no love lost for?
00:22:37.560 The Chinese, the Chinese Communist Party, which is just to their north,
00:22:41.620 the Chinese that ruled Vietnam for over a thousand years of their history.
00:22:47.140 So they understand that this is a message going forward.
00:22:49.820 And President Trump has said, hey, wait a minute.
00:22:51.260 Whoa, whoa.
00:22:51.580 This is not a negotiating tactic.
00:22:53.200 This is policy.
00:22:54.420 And my policies will not change.
00:22:56.640 In fact, what's going to change is the world.
00:22:58.920 And it's already started.
00:23:01.820 Jack, about these judges removing people,
00:23:03.980 have we taken our eye off the ball of this critical situation in South Korea
00:23:07.600 where a conservative was just taken out by the Chinese Communist Party
00:23:11.080 in essentially a coup d'etat last night,
00:23:13.780 and now they're going to have another election in 60 days.
00:23:15.680 But the conservative, and like I said, this guy, not Ronald Reagan,
00:23:19.220 but he was duly elected.
00:23:21.440 He's been taken out by the CCP.
00:23:23.240 Do you think we're enough on top,
00:23:24.560 Defense Department, State Department, National Security Councils,
00:23:27.900 on top of this deal?
00:23:29.220 Well, I mean, this is a situation in South Korea,
00:23:33.480 just like everywhere in the Pacific Rim and in East Asia,
00:23:36.560 the Indo-Pacific, where we need to stand strong with our allies
00:23:39.920 and understand that the Chinese influence operations,
00:23:42.180 the CCP operations, are already deeply enmeshed
00:23:46.440 in the politics of South Korea.
00:23:48.000 They're enmeshed in the politics of Japan.
00:23:50.020 They're enmeshed in the politics of Australia.
00:23:52.500 This is all across the Pacific because they understand
00:23:55.760 that if they can control the Pacific, control that first island chain,
00:23:59.720 which, of course, you talk about all the time,
00:24:01.200 Taiwan, Japan, the home islands there,
00:24:03.260 then that gives them ability to push out to the second island chain, Guam,
00:24:06.260 then eventually the third, which is Hawaii.
00:24:07.940 So we need to make sure that our allies are standing strong
00:24:11.640 and understanding that you need this populist, nationalist,
00:24:15.520 pro-America front around the world.
00:24:17.860 And again, by the way, what we're not talking about
00:24:19.860 is this military conquest style of the Bush administration,
00:24:23.300 of the Romney types, of the McConnell types.
00:24:25.940 No, what we're talking about is working with our allies,
00:24:28.680 have them shoulder the burden,
00:24:30.420 but also keeping our eye on the ball as the CCP pushes out.
00:24:36.400 Last night, what the individual, the general that controls both NSA and Cyber Command,
00:24:42.420 which I have been a strong advocate, they should be broken up.
00:24:45.420 You should have a combatant commander in NSA,
00:24:47.340 but him and his deputy, who are holdovers, were let go.
00:24:52.880 Give me some insight on that.
00:24:53.920 You're an intel guy.
00:24:54.820 That's a huge deal.
00:24:56.700 What's going to happen there?
00:24:57.560 Are they going to break up Cyber Command from NSA?
00:25:02.700 Well, I don't have any direct insight on that myself,
00:25:05.320 but I certainly agree with you.
00:25:06.680 Cyber Command should be its own combatant command.
00:25:08.500 We need offensive cyber operations.
00:25:11.640 Okay, NSA, that's your backbone.
00:25:13.580 We understand the properties of NSA.
00:25:15.040 Everybody in the whole world knows what the NSA does.
00:25:17.580 But you need a combatant command the same way we just talked about the Indo-PACOM command,
00:25:21.760 Indo-Pacific command.
00:25:22.700 You have AFRICOM, you have CENTCOM, etc.
00:25:24.420 You need a cyber command that goes across the branches of the military,
00:25:29.440 across the IC, that can pull entities up wherever they may be, perhaps.
00:25:33.580 There are Space Force entities that can help out with cyber command.
00:25:36.240 And a lot of those space operations are cyber-based, these anti-satellite ops and things like this,
00:25:41.140 the communications operations.
00:25:42.460 So you really need to think of cyber from a whole-of-government perspective,
00:25:46.240 and keeping it ensconced within NSA actually hinders the ability to do that.
00:25:51.460 Now, as far as the home, you know, these holdovers from the Biden administration,
00:25:54.820 look, they have to go.
00:25:55.840 And I had had some reporting back in November about the deputy at the NSA
00:25:59.240 and about how she was already working to undermine President Trump's national security team.
00:26:03.520 Look, we remember the problem of the holdovers from 2017.
00:26:07.700 This is where Russiagate started.
00:26:09.400 This is where the first impeachment started in 2019.
00:26:12.000 It all began with holdovers.
00:26:13.820 And that's why my message has always been it has to clean house across the IC
00:26:18.860 and across the board in order to get the Trump's agenda across.
00:26:22.900 Yeah, and these are serious.
00:26:25.220 I mean, NSA is the backbone.
00:26:27.040 I'll tell you what, Jack, we're going to let you – we're going to get – can you – we're going to take a break.
00:26:30.700 Can we get hooked up or can you pass over?
00:26:32.780 Do you want to do the interview with the Warren Posse members running for school boards
00:26:37.240 because we want to get them up in the next segment?
00:26:41.500 Let's get them up.
00:26:42.240 Yeah, they can hang.
00:26:42.780 You guys can hang for the next segment, right?
00:26:44.460 Certainly.
00:26:45.140 Oh, these are Posse members, Steve.
00:26:46.400 They live for this stuff.
00:26:48.760 Okay, we're going to take a short commercial break.
00:26:51.380 Jack, we'll be back to you in a second.
00:26:52.900 Like I said today, what's the price of gold?
00:26:57.400 How are we doing?
00:26:58.480 The Dow?
00:26:59.140 By the way, the Dow kind of backed off a bit, dropped farther, backed off.
00:27:03.580 Vietnam's already surrendered.
00:27:06.240 The president of Vietnam, the head of the general secretary of the Communist Party,
00:27:09.060 came back to President Trump.
00:27:10.240 President Trump just reported out on True Social.
00:27:13.540 You don't see that's not leading the CNBC.
00:27:16.800 That's not leading the Financial Times of London.
00:27:19.380 They're not talking about that.
00:27:21.440 And Vietnam's one of the ones that's the biggest problem.
00:27:25.600 Now, you say, talk about, hey, you don't have the, by the way, we're going to get, I think,
00:27:31.200 a live feed from the Federal Reserve here in a moment.
00:27:33.940 They're going to make some remarks.
00:27:35.240 So we're going to take a short commercial break.
00:27:36.580 Get to Birch Gold.
00:27:38.560 Take your phone out.
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00:27:51.360 What I mean by that, it takes complicated ideas and makes them easy to understand.
00:27:55.460 That's especially at Birch Gold and the war room.
00:27:58.540 To make sure you understand the fully, the forces that drive the value of gold,
00:28:04.260 which is a store of value, in a hedge against times of financial turbulence.
00:28:08.520 Back in a moment.
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00:30:52.120 It's also possible that the effects could be more persistent.
00:30:57.420 Avoiding that outcome would depend on keeping longer-term inflation expectations well anchored,
00:31:02.020 on the size of the effects, and on how long it takes for them to pass through fully to prices.
00:31:07.280 Our obligation is to keep longer-term inflation expectations well anchored,
00:31:12.060 and to make certain that a one-time increase in the price level does not become an ongoing inflation problem.
00:31:19.500 We'll continue to carefully monitor the incoming data, the evolving outlook, and the balance of risks.
00:31:24.840 We're well positioned to wait for greater clarity before considering any adjustments to our policy stance.
00:31:30.820 It is too soon to say what will be the appropriate path for monetary policy.
00:31:35.460 We understand the benefits of a solid economy where workers can find jobs and inflation is low and predictable.
00:31:43.800 We also understand that elevated levels of unemployment or inflation can be damaging and painful for communities, families, and businesses.
00:31:52.060 That is why we at the Fed will continue to do everything we can to achieve our maximum employment and price stability goals.
00:31:59.640 Thank you, and I look forward to your questions.
00:32:05.460 Thank you.
00:32:35.460 Thank you.
00:32:36.460 Thank you.
00:32:37.460 Thank you.
00:32:38.460 Thank you.
00:32:39.460 Thank you.
00:32:40.460 Thank you.
00:32:41.460 Thank you.
00:32:42.460 Thank you.
00:32:43.460 Thank you.
00:32:44.460 Thank you.
00:32:45.460 Thank you.
00:32:46.460 Thank you.
00:32:47.460 Thank you.
00:32:48.460 Thank you.
00:32:49.460 Thank you.
00:32:50.460 Chair Powell, yes.
00:32:51.460 Thank you so much for taking our questions.
00:32:52.460 This is the Federal Reserve.
00:32:53.460 This is a question and answer with Powell today because of the market situation.
00:32:56.460 I was listening.
00:32:57.460 You were talking about the economy as being a very strong economy.
00:32:58.460 You characterized inflation as coming down, employment as being very strong still.
00:33:03.460 However, President Trump earlier this week when asked about the market volatility we've been seeing said the volatility was, quote, to be expected.
00:33:12.460 This is a patient that was very sick.
00:33:14.460 We inherited a terrible economy.
00:33:16.460 And a lot of voters did and do agree with that assessment, or at least in part.
00:33:22.460 I'm wondering how you would respond to that assessment and the disconnect between the story of the data and the way a lot of people are feeling about the economy.
00:33:31.460 Sure.
00:33:32.460 So let me just be clear at the start.
00:33:34.460 I make it a practice not to respond to any elected officials' comments, so I don't want to be seen to be doing that.
00:33:40.460 It's just not appropriate for me.
00:33:42.460 But the situation, I think, is this.
00:33:46.460 And people, when they're surveyed, they are unhappy about the economy.
00:33:49.460 That seems to largely reflect the increase in the price level that happened when inflation was high, 2021, 22, and 23 largely.
00:33:59.460 Inflation is now back down to much more normal levels.
00:34:02.460 Unemployment is low.
00:34:03.460 The economy has been growing.
00:34:05.460 People are still experiencing that high price level.
00:34:08.460 In other words, prices don't go down.
00:34:10.460 They know they're paying much more for the basic necessities of life.
00:34:13.460 And they're right that they are.
00:34:15.460 And they're not happy about it.
00:34:16.460 And they're right not to be happy about it.
00:34:18.460 So I think that accounts for the negative sentiment.
00:34:20.460 We, of course, we're looking at inflation, which is the change in prices.
00:34:24.460 And we're seeing that that has come down quite a bit.
00:34:27.460 And that, you know, unemployment is actually low.
00:34:30.460 It's sort of very close to measures of maximum employment.
00:34:33.460 And the economy is growing.
00:34:35.460 So all those statistics are good.
00:34:36.460 But, you know, the price increases of the past few years are weighing on people's budgets.
00:34:44.460 So I'm from Milwaukee.
00:34:46.460 And I've been talking to business leaders, executives, and consumers in our community and our region for the last few weeks.
00:34:53.460 Mostly before this week's news.
00:34:55.460 Chairman, they're troubled and they're nervous.
00:34:58.460 One business owner told me if there's a hint of a recession, we're cooked.
00:35:04.460 And he asked me to share that with you.
00:35:07.460 What's your response?
00:35:09.460 So I guess I would say let's start with the fact that the incoming data right through this morning's employment report, which admittedly is from roughly a month ago, the week of March 12, they took the data in.
00:35:24.460 It still shows a solid economy.
00:35:26.460 Unemployment is still low.
00:35:28.460 I understand the uncertainty that's weighing on people.
00:35:32.460 You ask about a recession.
00:35:34.460 We don't actually, we don't make a probability forecast of how likely it is for there to be a recession.
00:35:40.460 But many outside forecasters do.
00:35:42.460 And many of them have raised the likelihood, albeit from very low levels.
00:35:46.460 It's not, it's not, it's not something that, that anybody now is forecasting or some people are starting to.
00:35:53.460 And so I can't, there's not much more I can say about that.
00:35:57.460 I realize that the uncertainty is high.
00:35:59.460 And, you know, what we've learned is that the tariffs are higher than anticipated, higher than almost all forecasters predicted.
00:36:07.460 We're just going to, we still don't know where that comes to rest though.
00:36:10.460 And we're just going to have to see that through.
00:36:13.460 At a congressional hearing last year, one of the U.S. representatives said that you were pretty boring.
00:36:20.460 And you thanked him and said that you considered that a very high compliment.
00:36:26.460 And in fact, I feel like it's one of the roles of the Federal Reserve, especially since the housing crisis,
00:36:31.460 to be kind of a ballast, especially in the face of the volatility of the markets and the dramatics that you can experience with the economy.
00:36:40.460 Very steady, no surprises, very reliable.
00:36:44.460 In a moment like this, which also has a lot of drama and unpredictability, but it is not necessarily from an economic crisis.
00:36:55.460 It's by design, it's political.
00:36:58.460 How do you see your role in this moment?
00:37:01.460 So I think all of the values that you touched on are, in fact, the values that we try to live by.
00:37:06.460 You know, we're driven by, you know, analysis and careful thought and discussion and debate and the merits of things.
00:37:15.460 We try to stay as far as we can from the political process.
00:37:18.460 We don't look at political cycles or things like that.
00:37:21.460 So, and I think people expect that from us.
00:37:24.460 They expect us to tell the truth and that's what we're going to do.
00:37:27.460 But at the same time, we're not part of, we don't want to be part of the broader political discussion about the wisdom of policies that are not assigned to us.
00:37:35.460 We're not responsible for trade policy, immigration policy, fiscal policy.
00:37:40.460 So we don't comment on, those decisions are made by others and what we do is we use our tools to try to achieve the goals that Congress assigned us,
00:37:48.460 which is maximum employment and price stability.
00:37:51.460 So I like to think that over time, we're a source of calm, rational analysis and also of stability.
00:37:58.460 That's really what the business that we're in is providing, financial and macroeconomic stability to the public.
00:38:05.460 That's really our purpose.
00:38:07.460 So how can businesses and individuals and the Fed make plans for the future when so much is being dictated by the actions of a single person?
00:38:19.460 And do you see yourself as the consoler in chief on economic matters?
00:38:25.460 No, I think, take a step back.
00:38:28.460 What's happening is, as I mentioned, the new administration is making, you know, significant policy changes in trade, immigration, fiscal policy and regulation.
00:38:37.460 And this is, this is the, you're still just a couple of months into the administration and that process will take place.
00:38:44.460 And at a certain point, the new policies will be on the table.
00:38:47.460 They will be having the effects they're going to have on the economy and uncertainty will decline.
00:38:52.460 Right now, there's a lot of uncertainty about where, where all that's going to sort out, the forms it will take and what the economic effects will be.
00:38:59.460 If you fast forward a year from now, the uncertainty should be much lower.
00:39:03.460 The actual effects of the policies should then be pretty manifest and clear.
00:39:07.460 So I think, I understand why, by, it's, it's, it just is highly uncertain, both what the policies will turn out to be, exactly what they'll turn out to be, and also what their effects will be in the near term.
00:39:19.460 We just have to go through that process.
00:39:20.460 And, you know, it is just kind of a manifestation of our election cycle and a new administration coming in with, with new, with new, new policies.
00:39:29.460 I mean, given the, all of the change happening and the fact that we are in a period where things have not settled in yet, and that the Federal Reserve and you as chair are very projection, data-driven, policy-driven, how do you handle a moment like now?
00:39:45.460 I mean, can you tweak your plans and projections?
00:39:48.460 Do you just kind of, do you have to reset them?
00:39:51.460 So, you know, we, what we've had since, in the last few months is, from the staff, has been a placeholder.
00:39:58.460 Rather, they wouldn't call it a forecast because it's so uncertain.
00:40:01.460 They call it a placeholder.
00:40:02.460 And that's kind of how we've been thinking about it.
00:40:05.460 So it's, it's a good time to take a step back and let things clarify.
00:40:09.460 That's why it's just too soon to say what the appropriate monetary policy response will be to these new policies.
00:40:17.460 It is just too soon to say.
00:40:18.460 We can't say with any confidence today.
00:40:20.460 So that's what we're doing.
00:40:21.460 We've, we've taken a step back and we're, we're watching to see what the policies turn out to be and, and the ways in which they will affect the economy.
00:40:29.460 And then, then we'll be able to act.
00:40:30.460 Fortunately, our policy stance is in a good place for us to do that.
00:40:33.460 You know, we're, we're probably modestly, moderately restrictive, let's say.
00:40:38.460 So we're not, it's not really tight policy, but it's, it's, which is appropriate since inflation is a bit above target.
00:40:45.460 So we think we're well positioned to address whatever may come.
00:40:49.460 And in the meantime, I'd say we're, you know, we're waiting this to, waiting for greater clarity before we consider adjustments.
00:40:56.460 So business owners in Wisconsin have told you that they can't make their plans.
00:41:02.460 They want to expand.
00:41:03.460 They want to build a new facility.
00:41:05.460 They want to hire or do whatever the future calls for.
00:41:08.460 They're trying, they say, we're trying to look around the corner.
00:41:11.460 We're not even sure where the corner is.
00:41:14.460 And we're not even sure what's around the corner.
00:41:17.460 Sounds like they're in the same position as you are.
00:41:19.460 No, we, we hear the same thing.
00:41:21.460 Of course, we have an incredible network of contacts with businesses and also universities, nonprofits, all different sectors.
00:41:28.460 And through the reserve banks and also through the Board of Governors.
00:41:31.460 And that's what we hear.
00:41:33.460 But again, it's a process.
00:41:35.460 We're going through it.
00:41:36.460 And, you know, I think we will know when we know what the policies are exactly and what their implications will be for the economy.
00:41:45.460 That will all become clear.
00:41:46.460 And I think that'll be a time when people can make decisions.
00:41:49.460 In the meantime, though, I get it.
00:41:50.460 We're hearing that a lot from people.
00:41:52.460 And we are kind of in the same place, which is waiting for clarity about, about what our policy path should be.
00:42:00.460 We'll have to see.
00:42:02.460 Okay.
00:42:03.460 As you can tell the reporter from the, from the Milwaukee papers continue to try.
00:42:07.460 I mean, he's down.
00:42:08.460 He's got, he's got the dumps.
00:42:10.460 He's got the blues.
00:42:11.460 I thought, I thought Powell did pretty well.
00:42:15.460 Look, I'm an in the Fed guy, but, you know, I'm not a fan of Powell's, but I thought, you know, it was a tough day to come out there.
00:42:21.460 I thought he was pretty even handed.
00:42:22.460 He said, hey, President Trump put the policy and have to see.
00:42:27.460 Markets.
00:42:28.460 One thing the market's looking for is Powell to walk in and say, I'm gonna give you more easy money, grab another big old cut today.
00:42:34.460 That didn't happen.
00:42:35.460 So the market dropped a couple hundred points.
00:42:36.460 Who cares?
00:42:37.460 Markets rise and markets fall.
00:42:41.460 It's the trend that you want to see.
00:42:43.460 And the trend here, you got to stop, which I never want to talk about is a $25 trillion.
00:42:47.460 Stephanie rule, get, get on your show tonight.
00:42:50.460 Some working class people and some union people and ask them about the $25 trillion deficit, where that trade deficit, where they come from.
00:42:57.460 That came from shipping all the hype value added manufacturing jobs over to China.
00:43:01.460 And then we had to buy the finished products based upon borrowed money, some of which the Chinese Communist Party helped us finance.
00:43:09.460 Let's go back to Jack.
00:43:11.460 But so Jack up in Harrisburg, once again, tell the audience what Harrisburg is about.
00:43:15.460 Why are you guys there for a two day conference on a beautiful spring weekend and introduce our guest.
00:43:21.460 Well, Steve, we're here to send a message to little Josh Shapiro that we're here, that Pennsylvania is actually a red state, that Pennsylvania is Trump country.
00:43:34.460 And we're building out the infrastructure to make sure that Pennsylvania stays that way.
00:43:40.460 Because Pennsylvanians understand the importance of rebuilding and actually revitalizing our towns and our West and our industrial capacity that have been totally sold overseas by people like his party and people like the people that have helped him.
00:43:56.460 And we've got some great grassroots activists here today, members of the posse.
00:44:00.460 Tell folks where you're where you're from and what you're up to doing.
00:44:03.460 Sandra Gonzalez, Short County, Pennsylvania.
00:44:05.460 Steve, I'm running for school board and I want to thank you for firing us up.
00:44:10.460 And when I could not find a good candidate to run for school board, I stepped up because if we don't do it, Steve, who's going to?
00:44:18.460 And I just want to say, you know, I want to thank the president for just hammering it every day, every day.
00:44:26.460 I was just telling Jack, it's like the Democrats and the liberals are punch drunk.
00:44:30.460 And like before they even know the blow that they just took, he's throwing another blow.
00:44:34.460 And we love it.
00:44:35.460 And we love that you guys are on it.
00:44:37.460 We love to see Brian Glenn.
00:44:38.460 We love to see Natalie over there.
00:44:40.460 We love seeing Jack over there on media row.
00:44:42.460 And you guys are bringing it home.
00:44:44.460 And every day we get up and we turn on our AV.
00:44:48.460 And we are so filled with hope and with fight.
00:44:52.460 And we are in it to win it.
00:44:54.460 Wow.
00:44:55.460 Now I'm sure you want to go off after that.
00:44:57.460 All right.
00:44:58.460 No, no, no.
00:44:59.460 That's all.
00:45:00.460 Go ahead, Steve.
00:45:01.460 Hang on, Sandra.
00:45:02.460 I want to ask you a question.
00:45:03.460 When you look through the candidates, what are the issues that you finally said I've had enough?
00:45:08.460 You know, I'm a war and posse member.
00:45:10.460 I'm manning the firewalls.
00:45:12.460 I'm making my calls.
00:45:13.460 I'm sending my text messages.
00:45:14.460 I'm helping candidates.
00:45:15.460 What was it that you said finally, hey, I've got to get in and do this?
00:45:20.460 Make the switch to get up and do it yourself.
00:45:23.460 So I was trying to convince one of the other mothers in one of the other regions to run.
00:45:28.460 And it's like the Lord put in my spirit.
00:45:30.460 David never planned on fighting Goliath.
00:45:32.460 He showed up to bring provisions to his brothers and check on them.
00:45:35.460 He fought Goliath because no one else would.
00:45:39.460 And I was unable to convince her to run.
00:45:41.460 But as I was saying this to her, it's like the Lord dropped in my spirit.
00:45:45.460 What about you?
00:45:46.460 And, you know, when God calls you, he calls you up to the front lines.
00:45:50.460 You go.
00:45:51.460 Because if God be for us, who can be against us?
00:45:53.460 We are voting this week to have sex-based distinction in sports.
00:45:59.460 Freddie Thomas, policy of chair at the West Shore School District, is fighting to kick the boys out of the girls' sports.
00:46:08.460 And we need the posse to show up at the West Shore School District board meeting Thursday night at our administration building at 6.30.
00:46:16.460 And help us pull this across the finish line.
00:46:19.460 If we don't get people to show up in that room, the liberals show up 50 at a time.
00:46:23.460 And there's four of us conservatives in the room.
00:46:25.460 Where is the posse?
00:46:27.460 Where are the Americans that will stand up and fight for our kids?
00:46:30.460 So that's what I decided to do.
00:46:32.460 To fight to help Heidi Thomas pull across the finish line to get rid of the gender-neutral bathrooms
00:46:37.460 and the sex distinction in sports at the West Shore School District.
00:46:42.460 And Josh Shapiro is pushing that stop all across the state, Steve.
00:46:45.460 All across the state.
00:46:48.460 Amazing.
00:46:49.460 Can we get social media?
00:46:50.460 We want to follow this.
00:46:52.460 We want to do a run-up to the school board meeting next week.
00:46:54.460 Where do we go?
00:46:55.460 I sure am.
00:46:56.460 Sandra Gonzalez for school board.
00:47:00.460 Amen.
00:47:01.460 On Facebook.
00:47:02.460 That's my Facebook.
00:47:03.460 If we have a quick second, we've got another member of the PHAs right here.
00:47:06.460 Yep.
00:47:07.460 Sure.
00:47:08.460 Hi.
00:47:09.460 I'm Therese Holland.
00:47:11.460 And I'm the executive director for Citizens Alliance in Pennsylvania.
00:47:14.460 And we're the home of PHAs.
00:47:16.460 As you know, we knocked 510,000 doors for President Trump in the election.
00:47:21.460 And right now, we're focusing on judge of elections in Pennsylvania.
00:47:26.460 A lot of these positions go unfilled.
00:47:29.460 And we need folks to step up because that's the first line of defense in a safe election.
00:47:34.460 And this is part of the precinct project?
00:47:36.460 It is part of it.
00:47:37.460 It is.
00:47:38.460 So what we would like to do is please talk to us.
00:47:42.460 Our website is teamcap.org.
00:47:45.460 Reach out and let's have a discussion.
00:47:49.460 Let's see if you have somebody stepping up in your precinct to be a judge of election.
00:47:53.460 Steve, it's from the precincts up.
00:47:56.460 It's from the streets up.
00:47:57.460 It's building up that infrastructure.
00:47:59.460 I said it on the show the other day.
00:48:00.460 This is the way Soros operates.
00:48:02.460 You need to be Soros maxing.
00:48:04.460 You need to learn the way they operate.
00:48:06.460 And what does he do?
00:48:07.460 He builds.
00:48:08.460 And that's what this is all about, Steve.
00:48:09.460 We're building the networks.
00:48:10.460 Little networks.
00:48:11.460 Little networks.
00:48:12.460 Jack, ask, one of the judges, the election judges, when is the election or is it a rolling election?
00:48:20.460 When is the election?
00:48:23.460 May 20th is our primary.
00:48:24.460 And if somebody has not already signed up and gotten their paperwork in, what we're doing
00:48:28.460 is we're talking to folks about running write-in campaigns.
00:48:31.460 Because nobody steps up in these precincts.
00:48:34.460 All they need is 10 signatures to get on the ballot.
00:48:38.460 If there are more than one write-in, it's whoever has more signatures.
00:48:41.460 But most of the time, 10 signatures will get them on the ballot in November to get them
00:48:46.460 to be a Joe.
00:48:47.460 This is going to build for us going out into 26 and 28 and making sure that we have a good
00:48:53.460 infrastructure going forward.
00:48:55.460 It's all about that.
00:48:56.460 26, 28.
00:48:57.460 Where do people go?
00:48:58.460 Once again, where do people go to find out more information about this?
00:49:02.460 Right.
00:49:03.460 So you go to the Pennsylvania Leadership Conference on the website.
00:49:06.460 I'm, of course, going to be here doing my full show, 2 p.m., and then we'll have the panel
00:49:10.460 up at 4.
00:49:12.460 Jack hopefully get you back up at 5.
00:49:14.460 Jack Posobiec.
00:49:15.460 Kevin Posobiec breaching a mandate by Governor Josh Shapiro.
00:49:18.460 The two Posobiec brothers are not supposed to be in the Commonwealth at the same time.
00:49:21.460 But, hey, what are we saying?
00:49:22.460 It's a grassroots conference.
00:49:23.460 They're going to be there.
00:49:25.460 Don't know what Shapiro's going to do about it.
00:49:27.460 Jack, thank you so much, brother.
00:49:29.460 So Charlie Kirk follows us at noon.
00:49:33.460 Poso's live from Harrisburg.
00:49:35.460 Make sure everybody watches that.
00:49:37.460 Then we got Gruber.
00:49:39.460 You got the great Eric Bolling.
00:49:41.460 Then we're back at 5.
00:49:42.460 We're also going to stream on our side channel the 4 o'clock panel that Jack Posobiec is going
00:49:51.460 to be on.
00:49:52.460 So we'll be on that.
00:49:53.460 We have Trevor Comstock.
00:49:54.460 I'm feeling healthy today, brother, because of my sacred human health.
00:49:58.460 Tell me what I should be taking, sir.
00:50:00.460 Yes.
00:50:01.460 Thank you once again, Steve.
00:50:03.460 Today I just want to discuss the importance of collagen a little bit.
00:50:06.460 And most people don't realize this, but collagen is the most abundant protein in our body.
00:50:11.460 It's what keeps your skin firm, your joints flexible, and your hair and nails strong.
00:50:16.460 But after the age of 25, collagen production does start to slow down over time.
00:50:23.460 And this leads to common signs of aging like wrinkles, weaker joints, as well as digestive
00:50:28.460 issues.
00:50:29.460 So collagen plays a huge role in maintaining overall health.
00:50:32.460 Yet unfortunately, our modern diets don't provide enough of it.
00:50:36.460 So that's why supplementing with a high-quality collagen source can be extremely beneficial.
00:50:42.460 If you are looking to support healthy aging, improve skin hydration, as well as maintain
00:50:48.460 strong joints, collagen is a pretty simple and effective way to do that.
00:50:52.460 And of course, like anything, it's not a quick fix.
00:50:55.460 But with consistent use, many people do notice a huge difference in the way they look and feel,
00:51:00.460 which is pretty awesome.
00:51:01.460 And I've been taking it myself for about six years.
00:51:03.460 I've always had good results.
00:51:04.460 So I can attest to that.
00:51:06.460 But what's great about our collagen is that it's formulated with five different types of
00:51:11.460 collagen and derived from four different sources.
00:51:14.460 So you'll get types one through five collagen, which is essentially the full spectrum.
00:51:18.460 So we've got you covered there.
00:51:20.460 And with that said, our unique blend will do everything I just mentioned from helping to
00:51:24.460 improve healthy skin, hair, nails, all the way to joint health and gut function.
00:51:29.460 And on top of that, we've just been having some great feedback from customers that have
00:51:33.460 been using our product for a while.
00:51:35.460 So I'm always happy to hear that and see that at least we're helping to improve people's
00:51:40.460 well-being a little bit.
00:51:42.460 And lastly, you know, I wanted to mention, too, that for us as a business, you know, we
00:51:46.460 do always promise or at least our promise is to make sure that everything's produced right
00:51:50.460 here in the USA.
00:51:51.460 We don't outsource anything to China.
00:51:53.460 We're big on quality control.
00:51:55.460 So we're always syncing with our manufacturer based in the Midwest.
00:51:58.460 To make sure that everything's up to par.
00:52:01.460 But I won't go on for too long.
00:52:03.460 You can go to our website at sacredhumanhealth.com.
00:52:07.460 There's a ton of information.
00:52:08.460 If you click on each product, you can see our exact ingredients.
00:52:11.460 Perfect.
00:52:12.460 You can see what we put into it and kind of what it'll do for you in terms of health.
00:52:16.460 Oh, also make sure you use code war room for 10% off any one time purchase.
00:52:21.460 And if you subscribe, you're locked into that 10%.
00:52:24.460 So you don't have to worry about putting the code in.
00:52:26.460 Today's product is collagen.
00:52:28.460 We've also got the grass fed beef liver.
00:52:30.460 We've got the immunity product.
00:52:32.460 Go, just go to the website.
00:52:33.460 Check it out.
00:52:34.460 It's amazing.
00:52:35.460 Trevor, one more time.
00:52:36.460 Where do people go?
00:52:37.460 Yeah, you go to sacredhumanhealth.com or you can just type in sacredhuman at Google
00:52:42.460 and we'll pop up there as well.
00:52:44.460 And then you can follow us on social media too.
00:52:46.460 It's just sacred human.
00:52:49.460 Thank you, brother.
00:52:50.460 Appreciate you.
00:52:51.460 Thank you.
00:52:52.460 Trevor Comstock, the CEO of sacred human health, part of the Maha moment movement.
00:52:58.460 I've got another, President Trump just posted another.
00:53:02.460 He's on fire this morning.
00:53:04.460 Okay.
00:53:05.460 This is President Trump.
00:53:06.460 This would be a perfect time for Fed Chairman Jerome Powell to cut interest rates.
00:53:11.460 He's always late.
00:53:12.460 He could do now change his image and quickly energy prices are down.
00:53:15.460 Interest rates are down.
00:53:16.460 Inflation down.
00:53:17.460 Even eggs are down 69% and jobs are up all within two months.
00:53:21.460 A big win for America.
00:53:22.460 Cut interest rates, Jerome, and stop playing politics.
00:53:26.460 See, President Trump's watching at the same time you are.
00:53:28.460 That's why I wanted you guys to watch it.
00:53:31.460 Powell's a little stiff, but I guess the Fed chair, it can be that.
00:53:33.460 Okay, Mike Lindell.
00:53:34.460 We're going to end Friday on a big uptick because you're going to sell some great sheets
00:53:39.460 and products from the MAGA backing of MyPillow.
00:53:45.460 What do you got for us, sir?
00:53:46.460 Well, the War Room promo code is going to be known as the wholesale code.
00:53:50.460 We got more cancellations.
00:53:52.460 All of our kitchen accessories, the kitchen towels.
00:53:55.460 You guys, we have more than just, we have over 200 and some products.
00:53:58.460 These all came in as low as $9.99, the bath towel, kitchen towels.
00:54:03.460 We have potholders.
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00:54:05.460 You name it.
00:54:06.460 We're putting them all to the War Room posse with these cancellations as low as $9.99
00:54:11.460 with promo code WARROOM.
00:54:13.460 Wholesale prices on everything.
00:54:16.460 Go to the website, MyPillow.com.
00:54:18.460 Click on Steve.
00:54:19.460 It's about four tiles down.
00:54:21.460 There you see the $9.99 sale.
00:54:24.460 And you got the crosses there that everybody keeps asking.
00:54:27.460 We have a whole bunch of new ones came in.
00:54:29.460 It's a 30% there.
00:54:31.460 And there's the pillow.
00:54:33.460 This is the exclusive War Room special.
00:54:35.460 $18.98 for the Queen.
00:54:37.460 $19.98 for the King.
00:54:39.460 With the new Giza ticking, everybody.
00:54:42.460 So you guys keep, it's a win-win-win.
00:54:45.460 My employees, thank you.
00:54:47.460 You know, you guys get the best sleep of your life and the best products.
00:54:52.460 I run into people all the time, Steve.
00:54:54.460 They say, Mike, I've got all your products.
00:54:56.460 I'm helping and everything.
00:54:57.460 You know what?
00:54:58.460 We have over 200 and some.
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00:55:01.460 Check them out.
00:55:02.460 It's a War Room exclusive today.
00:55:05.460 So 1-800-873-1062.
00:55:08.460 My employees love talking to the War Room posse.
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00:55:14.460 Mike Lindell, thank you, sir.
00:55:15.460 We'll see you this afternoon.
00:55:17.460 From the command center of MyPillow.
00:55:20.460 Call, you may get Mike Lindell.
00:55:22.460 I never know.
00:55:23.460 Charlie Kirk.
00:55:24.460 Jack Posobiec live from Harrisburg.
00:55:27.460 Gruber.
00:55:28.460 Bowling.
00:55:29.460 Back to War Room at 5.
00:55:31.460 We're also going to stream Posobiec's panel.
00:55:34.460 President Trump is down at Doral.
00:55:36.460 But we're going to have wall-to-wall news at 5 to 7.
00:55:38.460 So much to go through on the eve of our Saturday show.
00:55:41.460 My favorite of the week.
00:55:44.460 Leave you with the right stuff.
00:55:45.460 And Charlie Kirk, who's got it.
00:55:47.460 Next.
00:55:48.460 One minute.
00:55:53.460 Health isn't just a personal issue.
00:55:54.460 It's a family issue.
00:55:55.460 A community issue.
00:55:57.460 We're living in unpredictable times.
00:55:59.460 Supply chains can break down.
00:56:00.460 Hospitals can get overwhelmed.
00:56:02.460 And let's not even start on the natural disasters.
00:56:05.460 These aren't hypotheticals.
00:56:06.460 They're happening.
00:56:07.460 You see it here in the War Room.
00:56:08.460 And we all know it.
00:56:09.460 The question is simply, are you ready?
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00:56:59.460 I'm really trying to fill this gap of quality supplements.
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00:57:06.460 For those who don't know, beef liver is loaded with highly bioavailable ingredients such as vitamin A, B12, zinc, CoQ10, etc.
00:57:16.460 And, because it is 100% grass-fed and natural, your body is able to absorb these nutrients far better than taking any other synthetic multivitamin
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00:57:30.460 But, if you'd like to check us out, you can go to SacredHumanHealth.com and cheers to your health.
00:57:35.460 700,000 Americans every year.
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00:57:42.460 Heart disease builds over time.
00:57:44.460 Hypertension, high blood pressure, bad cholesterol, diabetes, all of it affects our heart.
00:57:49.460 A healthy heart is key to being energetic as we get older.
00:57:54.460 It is never too early to take care of your heart.
00:57:58.460 You see, heart disease sneaks up on us.
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00:58:04.460 If you want to take care of your heart and those you care about, please go to WarRoomHealth.com.
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00:58:28.460 Go there today.
00:58:30.460 If you're going to be part of the posse, you need a strong heart, you need a lion's heart.
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00:58:39.460 That was great.
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