Bannon's War Room - April 04, 2025


Episode 4390： MAGA Is In A War And We Must Stay Vigilant; Exposing The Long Con


Episode Stats


Length

56 minutes

Words per minute

172.26788

Word count

9,676

Sentence count

927

Harmful content

Misogyny

11

sentences flagged

Hate speech

20

sentences flagged


Summary

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

Rob and Steve talk about the impact of the Trump administration's latest trade tariffs on the markets and what they mean for the economy. They also discuss the impact on the Federal Reserve and what it might have to do about it.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 They're in a pirate. How's that? Street fighter and a pirate.
00:00:03.120 A gangster. I'm in. Bowling, I'm in.
00:00:06.080 Gangsters and pirates. I'm in, brother.
00:00:07.940 Have a great weekend, Steve. Have a great day.
00:00:09.200 We'll talk to Rob Sieg. We'll line that up.
00:00:11.240 All right, brother.
00:00:11.660 Thank you so much on a Friday. Appreciate you.
00:00:14.380 Okay, folks. Historic day. Big sell-off.
00:00:17.740 Orderly. No panic there.
00:00:19.960 Although the MSNBC and CNBC are trying their best to stir up a panic.
00:00:25.140 Here's what we're going to do.
00:00:25.660 We've got kind of a cold open, longer cold open because there's so much going on.
00:00:28.600 Let's play it.
00:00:30.000 And I'll return with observations and analysis as we open the world.
00:00:35.260 It's so important that you bring up the fact that the Biden administration
00:00:38.300 was late on figuring out just how dangerous inflation would be to working Americans.
00:00:44.540 And again, said it was transitory. It ended up not being transitory.
00:00:48.260 But, Steph, it's very interesting.
00:00:50.000 You bring up the Treasury Secretary, who, again, a couple of weeks ago said,
00:00:54.660 ah, cheap goods, affordable goods.
00:00:57.840 It's not a God-given right for American consumers.
00:01:01.060 And then saying yesterday, well, other countries shouldn't push back against these high tariffs.
00:01:07.580 They're just going to do that.
00:01:09.240 And we showed some clips of Scott Pesant.
00:01:11.600 He looks very uncomfortable.
00:01:13.100 Well, I suspect it's because neither he nor many of the people who are advising the president,
00:01:17.760 certainly not those on Wall Street supporting him, actually agree with the president on tariffs.
00:01:22.960 I mean, Donald Trump stands almost completely alone in believing that he can reorder, you know, 45 years of globalism.
00:01:33.560 Bingo, Joe.
00:01:36.120 My sources say that Scott Pesant is kind of the odd man out here.
00:01:39.600 And in the inner circle that Trump has, he's not even close to Scott Pesant or listening to him.
00:01:44.720 Some have said to me he's looking for an exit door to try to get himself to the Fed because in the last few days,
00:01:50.860 he's really hurting his own credibility and history in the markets.
00:01:54.220 Those who have said this man actually understands how the markets work and what's happening right now is only going to hurt markets.
00:02:01.120 And even for Scott Pesant to say a few weeks ago, you know, getting cheap goods fast is not part of the American dream.
00:02:06.660 No, it's not part of the American dream, but it's part of the way Americans live, especially people who are economically, economically vulnerable.
00:02:14.340 They don't have the option to say, nope, I'd like higher things that cost more.
00:02:19.100 They need low cost things because they don't make that much money.
00:02:21.860 That Jerome Powell and the Federal Reserve now face before what we talked about was inflation, the high cost of everything.
00:02:28.780 Homes, mortgages, cars, whatever caught up in the covid supply chain crunch that we had a couple of years ago.
00:02:35.160 Price is still too darn high. I will filter myself as it's a family show.
00:02:40.620 And now all of a sudden, the Federal Reserve is finding itself trying to fight this this tariff, this trade war,
00:02:46.360 which I don't want to say came out of the blue, but certainly is a lot worse than people expected.
00:02:51.100 I'm not sure anybody on Wall Street that we have talked to here on CNBC expected the president to do exactly what he did.
00:02:57.460 Most people say, well, you know what, he's he's just hubris.
00:03:00.800 He's going to say this, but ultimately we're not going to get the worst.
00:03:03.820 Well, guess what? We got the worst and then some.
00:03:07.300 Now, to your point, Jose, China's responding. 0.83
00:03:10.320 What did Jay Powell say today? The Fed chair will, number one, he said, I'm not going to respond to what the president did,
00:03:15.940 because the Federal Reserve is not supposed to respond to elected officials.
00:03:19.780 But if you read between the lines that I can assure you, there is no love lost between these two men, Jay Powell and President Trump.
00:03:28.240 President Trump wants lower interest rates, lower mortgages and lower inflation.
00:03:33.060 He has openly called for the Federal Reserve to cut rates.
00:03:35.300 The Federal Reserve, though, now is believing that if tariffs are enacted, as we know that they will be, prices are likely to rise.
00:03:44.280 That's inflation. And the Federal Reserve does not cut rates in inflation.
00:03:48.700 If anything, it might keep rates steady or perhaps even raise them.
00:03:52.260 So this is a global conundrum that, as we're seeing from the charts and the numbers today,
00:03:58.580 Wall Street is caught in the middle of and it's kind of a sell first ask questions later theory.
00:04:03.400 Good. Look at the markets. It has obviously been a disastrous week.
00:04:08.140 The response from big investors and small, near and far is not good.
00:04:12.140 And it's no surprise that this White House is under pressure.
00:04:15.560 The president, his cabinet, they are getting calls from CEOs, from investors, because across the board we are hearing this is bad news.
00:04:22.860 This morning I reported that I had heard from close to the White House that there was so much pressure.
00:04:27.380 Senator Scott Besson, the Treasury Secretary, was potentially not in the inner circle and potentially looking to make a move to the Fed.
00:04:34.900 I actually spoke to someone this afternoon, a high level person inside the administration who cleared that up.
00:04:40.720 And they said to me, and I want to get it right, Secretary Besson is more committed than ever to his role as Treasury Secretary.
00:04:46.600 He's meeting with the president several times a day and communicating with the rest of the cabinet.
00:04:51.060 Obviously, this week's market reaction is painful, but this is about an economic reset.
00:04:56.560 So according to Besson, he's not leaving.
00:04:58.520 But, Katie, you've covered this administration this time and last.
00:05:02.140 Palace intrigue is not new to a Trump administration.
00:05:05.500 And when there is pressure like this, you know, the knives are out for one another.
00:05:09.540 The interesting thing in the tariff situation, though, Katie, who is the president going to blame but himself?
00:05:15.640 President Trump is deeply committed to this idea of tariffs.
00:05:19.180 What we've heard from Secretary Besson is less about the tariffs, but what he has talked about over and over,
00:05:25.320 and the reason he wanted to join this administration, his panic is about debt and deficits.
00:05:30.420 Now, we're not seeing any of that cleared up just yet.
00:05:33.120 And the thing that has me thinking so much, you were just talking to Yasmin about that dress at Macy's.
00:05:38.920 If you and I finished your program and decided to take a walk in the garment district of New York City,
00:05:43.280 you know why that would be a problem?
00:05:45.060 Because there isn't a garment district in New York City anymore.
00:05:48.180 It doesn't exist.
00:05:50.020 You can walk into a shopping mall this weekend and wonder, are all of these stores still going to be solvent?
00:05:55.440 And while we've heard it less from Besson and more from Commerce Secretary Lutnik,
00:05:59.220 who is the guy negotiating on these tariffs,
00:06:02.540 this idea that we're suddenly going to bring all this manufacturing back, where?
00:06:06.660 Adidas spent 15 years trying to build manufacturing in the United States.
00:06:10.520 We don't have it in a scalable way.
00:06:12.200 I think New Balance has a small sneaker-making operation.
00:06:15.740 But on one of our other networks over the week, I heard someone saying, you know,
00:06:19.100 it's time for me to be buying my $200 Nike sneakers that were made here.
00:06:22.980 Well, if they're going to be made here, it's going to take two more years or three more years to build that factory,
00:06:27.520 and they're going to cost $400.
00:06:29.780 So the panic that's in the markets, Katie, I don't know that it's going away,
00:06:33.800 but it's understandable that you would start to see some sort of panic or pressure inside the White House,
00:06:38.500 because look what the markets are doing.
00:06:40.900 Yeah.
00:06:41.120 After Donald Trump's damage to the U.S. economy comes into fuller view,
00:06:45.580 the markets today once again taking a nosedive.
00:06:48.800 The Dow plunging 2,200 points, more than 5%.
00:06:52.220 Even those good jobs numbers that were released this morning could not shake the market's pessimism
00:06:57.660 as China retaliated against Donald Trump's tariff regime.
00:07:01.920 The Chinese government imposed a 34% tax on all goods imported from the United States.
00:07:07.400 As for Donald Trump, he is for now tripling down.
00:07:11.180 Yesterday he said things were, quote, going well.
00:07:14.200 Today he said on his site Truth Social that China had, quote, played it wrong and panicked.
00:07:20.560 He added that the unemployment figures are a sign that his strategy is working,
00:07:25.380 but those jobs numbers reflect the month before Donald Trump's so-called Liberation Day economic meltdown was put into motion.
00:07:33.620 It puts him at odds with the chair of the Federal Reserve, Jerome Powell,
00:07:38.040 who said today that the tariffs would raise prices for consumers and will weaken the U.S. economy.
00:07:43.640 It put him at odds with J.P. Morgan, who now predicts a 60% chance of a global recession this year.
00:07:51.040 Their report is titled, quote, There Will Be Blood.
00:07:53.840 The bank says Trump's tariffs will cost consumers $700 billion this year alone.
00:08:01.060 It's a tax hike on a scale that LBJ imposed to pay for the Vietnam War.
00:08:05.840 It also puts Trump at odds with members of the Republican Party.
00:08:09.840 NBC News reports this, quote,
00:08:11.400 After the GOP-led Senate delivered a rare rebuke to Donald Trump on Wednesday by voting to undo his tariffs on Canada,
00:08:20.060 lawmakers in both chambers are weighing additional steps to rein him in.
00:08:24.800 Senators are eyeing other mechanisms to rescind Trump's existing tariffs while limiting his ability to impose new ones.
00:08:32.320 Now, we're not going to have all factories come back, like clothing, manufacturing.
00:08:36.440 That's tough to bring back.
00:08:37.660 But what kind of manufacturing are you talking about returning here?
00:08:42.820 Well, you can't just give that away.
00:08:46.600 See, what's going to happen is robotics are going to replace the cheap labor that we've seen all across the world.
00:08:53.540 I mean, think of what our factories did.
00:08:55.500 They went to the cheapest labor in the whole world, slave labor, cheap labor, the worst environmental conditions, polluting the heck out of it.
00:09:02.760 And then we bring back those cheap products here and we feel good about ourselves because we don't see the pain.
00:09:08.920 So I really view Liberation Day, as he calls it, to be a real turning point, not just for Americans themselves,
00:09:16.380 but for the way the rest of the world is dealing with Donald Trump, not just as it relates to his rhetoric, but his policy.
00:09:22.660 This is the primal scream of a dying regime.
00:09:30.500 Pray for our enemies, because we're going medieval on these people.
00:09:35.720 You're just not going to free shot all these networks lying about the people.
00:09:39.980 The people have had a belly full of it.
00:09:41.880 I know you don't like hearing that.
00:09:43.340 I know you try to do everything in the world to stop that, but you're not going to stop it.
00:09:46.020 It's going to happen.
00:09:47.060 And where do people like that go to share the big lie?
00:09:50.600 Mega Media.
00:09:52.020 I wish in my soul, I wish that any of these people had a conscience.
00:09:57.480 Ask yourself, what is my task and what is my purpose?
00:10:01.220 If that answer is to save my country, this country will be saved.
00:10:07.620 War Room.
00:10:08.440 Here's your host, Stephen K. Band.
00:10:10.800 A big day in world markets.
00:10:16.080 Of course, they are roiling with the announcement of Liberation Day.
00:10:22.840 I think that we're going to have Ed Dowd on here to walk through what's actually going on,
00:10:26.680 because the MSNBC, CNBC, all of them, they are out to do one thing.
00:10:32.200 They are trying to crash markets to bring Donald Trump down.
00:10:35.860 This has nothing to do with the American people, nothing to do with, you know,
00:10:39.080 all of a sudden Katie Tur and these people, they're so interested and so fascinated and
00:10:43.420 so concerned about capitalism and people's 401ks.
00:10:46.800 It is a complete and total joke.
00:10:49.920 However, you know, about a situation like this, President Trump's policy is absolutely correct.
00:10:59.080 What he's doing is a geoeconomic reset of the global trading system.
00:11:04.820 Pretty big, right?
00:11:05.680 He started through, you see how he's rolled out on the reciprocity, on the term of reciprocity.
00:11:12.900 And you've already had some major nations, like, for instance, Vietnam, where so many
00:11:19.140 of the jobs during the pandemic from China, as they started, people started to reshore.
00:11:24.160 It wasn't reshore to the United States immediately.
00:11:26.940 They went to other low-cost, low-labor countries.
00:11:32.440 Vietnam, as President Trump put up on True Social, has already reached out to President
00:11:36.380 Trump and said, hey, no mas, we're in.
00:11:39.260 Just tell us what we got to do, right?
00:11:41.440 We see we're at 47 percent.
00:11:44.700 At least you got us down at 47 percent.
00:11:46.400 Maybe we'll fight you on the margins, but we're in.
00:11:48.720 Just tell us what we got to do.
00:11:49.780 We don't want to get into a trade war with the biggest market and the most powerful nation
00:11:53.680 on Earth.
00:11:56.000 The messaging here, when you have a messaging apparatus that's going to sit there and tell
00:12:01.960 lie after lie after lie after lie, do no analysis and repeat the lie, you have to combat that.
00:12:08.720 You have to go on offense first.
00:12:11.660 This is not about cabinet secretaries or people at the White House coming on shows, which I
00:12:16.460 think they do.
00:12:17.360 They do a fine job.
00:12:18.320 Scott Besson, Secretary of Treasury.
00:12:19.940 Howard Lutnick, Secretary of Commerce.
00:12:22.880 Peter Navarro, the trade and manufacturing czar.
00:12:26.540 Also Hassett.
00:12:28.480 They're out.
00:12:29.620 They're going to do the Sunday shows this weekend.
00:12:31.240 They do a good job when they're on.
00:12:33.060 I think, and Stephanie Ruhl, and we love your show.
00:12:37.560 We watch it every night to deconstruct it because that's a show kind of all Wall Street
00:12:42.800 and the corporate people watch late at night before they hit the rack to see what's going
00:12:49.640 on.
00:12:49.940 It's kind of news for the business community.
00:12:54.560 I believe you're wrong.
00:12:55.700 Scott Besson, his style is different.
00:12:57.540 He's not Howard Lutnick.
00:12:58.620 He's not Donald Trump.
00:12:59.680 He's not Peter Navarro.
00:13:00.700 He's not Steve Bannon.
00:13:01.920 He's got a different professorial take on things.
00:13:05.220 That's why he's a safe pair of hands.
00:13:06.680 That's why he was a contributor here for years.
00:13:08.440 That's why we fought so hard to have him as Secretary of Treasury.
00:13:15.700 He's a safe pair of hands.
00:13:19.380 He's in, and he's on the inner circle, not the inner circle.
00:13:21.860 He talks to the president multiple times a day, but he's not going to go out with his
00:13:24.640 hair on fire running around.
00:13:25.780 It's discernment.
00:13:28.260 It's reserve.
00:13:28.840 It's what the capital markets want to hear because he's not making it up and kind of
00:13:33.400 winging it about trade and tariffs.
00:13:37.360 My issue is you've got to have, as I said on Eric Bowling's show at the end, you have
00:13:41.760 to have 100 surrogates.
00:13:43.720 The people in the White House Academy of Secretaries, they have a job.
00:13:46.620 They've got stuff to do.
00:13:47.520 Yes, they have to be out messing, and they should, but you have to have 50 economists,
00:13:54.060 50 businessmen, including the most major ones that buy into the program and understand it.
00:13:59.320 The union leaders, boom.
00:14:01.720 They ought to be all over it.
00:14:03.140 REV, we ought to be saying, no, no, no, we can't take anymore.
00:14:05.960 At Newsmax, we can't take anymore.
00:14:07.620 At Fox, you can't take anymore.
00:14:10.340 The other side has that.
00:14:11.920 We've got a weekend to kind of do this.
00:14:16.340 Trump ain't backing off this thing.
00:14:19.440 So White House staff, I love you guys, doing a great job so far, but now we've got to go
00:14:23.960 fix bayonets.
00:14:25.760 We've got to push this over the top.
00:14:27.160 We've got to push it over the top.
00:14:30.060 President Trump is not going to back off this, and he doesn't need to back off this.
00:14:33.720 The nations of the earth are surrendering, are figuring out how to surrender.
00:14:37.700 I've talked to people for 48 hours straight.
00:14:42.040 They're trying to figure out how they can work around this, how they can do this.
00:14:45.840 How can they get Trump to some amenable point?
00:14:48.580 I'm not saying President Trump's going to do it.
00:14:50.920 But Trump ain't blinking.
00:14:52.600 They're blinking.
00:14:56.080 Short commercial break.
00:14:57.220 We're going to turn in a moment.
00:14:58.720 We've got Ed Dowd.
00:14:59.620 You don't go out and buy a life jacket when the boat is already sinking,
00:15:03.960 and you don't buy gold when the economy has already collapsed.
00:15:07.860 Clearly, others are heeding this advice as gold hit an all-time high the first part of 2025,
00:15:14.120 multiple times.
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00:16:12.760 Here's your host, Stephen K. Bannon.
00:16:15.160 Okay, remember during the pandemic?
00:16:19.880 Remember the pandemic?
00:16:21.200 And the pandemic just happened to come in early 2020.
00:16:29.080 Let me back up.
00:16:30.020 Let's go back to the beginning.
00:16:32.200 Not the total beginning of the story, but I'll pick a random chapter.
00:16:35.140 One of the most important months, if not the most important month in the geopolitical history of the earth in the 21st century was May of 2019.
00:16:49.720 In May of 2019, almost two years into his administration, just over,
00:16:56.200 this construct, this deal we had worked on from the beginning, led by Bob Lighthizer,
00:17:02.060 heretofore referred to as the Lighthizer deal,
00:17:05.360 that Peter Navarro and Lighthizer were working on every day after we'd had a little,
00:17:11.200 how do you say this, Gary Cohn and the globalist crowd took their shot in April and May, June of 2017,
00:17:20.700 and failed miserably.
00:17:23.000 President Trump reverted back to exactly what he wanted.
00:17:26.040 He knows exactly what he wants in world trade.
00:17:28.960 Lighthizer and Navarro, working with Lee He, came up with what's called the Lighthizer deal.
00:17:34.600 It was seven verticals to take away the seven original sins, as Dr. Navarro calls it,
00:17:40.000 of the Chinese Communist Party economy,
00:17:42.980 and to actually fold it into, kind of merge it into the economy of the West,
00:17:50.500 led by the United States of America and Western Europe.
00:17:53.000 It would take away the problem of excess capacity and state-owned industries
00:17:58.220 and how they gamed the entire system, all of it.
00:18:02.660 They also had, that month, the first Belt and Road big conference,
00:18:07.300 and they had Putin come.
00:18:09.060 I think it was actually either Beijing or Shanghai.
00:18:11.800 And at that time, Washi, Sean, and Xi looked and said,
00:18:17.060 hey, this one Belt, one road thing may work.
00:18:19.160 This predatory capitals, we're lending all the nations on the Eurasian landmass in the Central Asia
00:18:25.420 and Sub-Saharan Africa and the Middle East, Pakistan.
00:18:27.480 They're all taking the money.
00:18:29.240 They're all getting these infrastructure programs up.
00:18:31.900 We all know they're not going to be able to pay back the money totally at first,
00:18:34.500 so we're going to restructure the debt, take ownership of the infrastructure projects,
00:18:39.360 control the countries, and then we have the networking effect that we've been looking for.
00:18:43.040 And the United States and Europe will fall shortly thereafter, with Russia as our partner. 0.98
00:18:51.080 They canceled the, Washi, Sean, said, why should we bow to the foreign devils now? 1.00
00:18:54.980 They canceled.
00:18:55.520 They actually called up and said, we're not doing this deal.
00:18:57.220 When it was, the draft was prepared, they were prepared to work through and sign a draft
00:19:00.680 and then get ready to have a signing ceremony event with President Trump and Xi.
00:19:05.260 Canceled.
00:19:06.340 Not doing that deal.
00:19:07.540 We'll get back to you.
00:19:08.300 They're not interested.
00:19:10.620 Typical Chinese. 1.00
00:19:11.340 Circumstances change.
00:19:13.400 That's their, when they retrade you, circumstances change.
00:19:16.120 Okay, thank you.
00:19:16.840 I got that.
00:19:17.580 That's what contracts was to go through, circumstances.
00:19:19.880 But I got it.
00:19:21.140 You guys rolled differently.
00:19:22.440 I got it.
00:19:23.640 They also declared, as Frank Gaffney tells you all the time,
00:19:26.120 the Committee on the Present Danger tells you all the time,
00:19:27.920 they declared a people's war against the United States.
00:19:29.660 She did.
00:19:30.860 Said, let's go.
00:19:31.560 Let's throw down.
00:19:33.060 In fact, we don't want to get together.
00:19:34.420 We kind of, we don't mind decoupling.
00:19:35.880 We want to roll.
00:19:36.880 Because we see what they're trying to do.
00:19:38.180 But shortly thereafter, I don't know, in the summer or the fall,
00:19:43.520 I think the late summer, the military games, right?
00:19:47.940 The COVID-19 started to spread.
00:19:51.300 They knew what they were doing.
00:19:52.680 They're going to take down the United States.
00:19:53.960 Trump and, of course, the economy of Trump in 2019 on a roll.
00:19:57.680 In the fall of 2019 on a roll.
00:19:59.420 Virtually no inflation.
00:20:02.580 Virtually super low interest rates.
00:20:05.140 A 3.5% growth rate.
00:20:06.620 We're taking a trillion dollars of liquidity off the balance sheet of the Federal Reserve.
00:20:10.440 Janet Yellen was the Federal Reserve chair.
00:20:12.980 I actually thought she was doing okay.
00:20:14.920 Quantitative tightening.
00:20:17.460 Trump grew the economy at that with that headwind.
00:20:20.780 Plus, she had first time wages.
00:20:22.560 As Cortez tells you all the time, he's got the charts on the whiteboard.
00:20:25.000 Blue-collar wages higher than white-collar wages on growth.
00:20:29.940 Non-college graduates higher than college graduates.
00:20:32.300 First time in a long time.
00:20:33.620 Record low unemployment.
00:20:35.100 Hispanics, African-Americans, baby, we're cooking with gas. 1.00
00:20:38.220 Let's roll.
00:20:39.700 Then the pandemic.
00:20:42.460 And now we're in this situation.
00:20:46.400 President Trump was going to do it then.
00:20:48.040 Now he's going to do it now.
00:20:49.240 He has thought about this to the core of his being.
00:20:52.140 This is why he's in public office.
00:20:55.340 This is why he started thinking about back in the late 80s and the early 90s.
00:21:00.360 Particularly, remember when they're buying the air rights over Tiffany, the Japanese? 1.00
00:21:06.280 Remember the Japanese in the late 80s and early 90s where they had an acid bubble? 1.00
00:21:11.080 But man, they were on a roll.
00:21:12.840 They were going to conquer us.
00:21:13.840 And Lou Dobbs, who was kind of his mentor on TV because he was watching CNN and Lou Dobbs was hammering this every night.
00:21:21.280 Nobody talked about it.
00:21:23.360 The beginning of the trade deficit then, Lou Dobbs was hammering that in the 80s and 90s.
00:21:27.320 Remember, the trade deficit is $25 trillion, $18 trillion since the globalists in New York City and, of course, the Bush apparatus and the Clinton apparatus, the political class and Wall Street invite the Chinese Communist Party in so we can make slave labor, 0.90
00:21:43.520 allow Beijing and everybody make more money except for the working class and middle class United States who are going to have it all on their shoulders.
00:21:51.120 And, oh, by the way, can you also, Moloch wants your children for forever wars in the Middle East.
00:21:58.340 Let's start there.
00:22:02.220 That's the system.
00:22:04.560 Trump is breaking the system.
00:22:07.420 Whether it's the legal apparatus that runs the imperial capital, whether it's the universities that radicalize these kids,
00:22:12.860 whether it's the institutions and groups that allowed for a 10 million person invasion on the southern border into our beloved country in four years,
00:22:25.600 or allow fentanyl to come in and destroy working class people of every ethnicity and race,
00:22:33.040 both in rural communities and in our inner cities.
00:22:37.740 Oh, and designate sanctuary cities at the same time.
00:22:41.100 The corruption, the incompetence, the hatred of the United States of America and the citizens of the United States of America by our elites is virtually unfathomable.
00:22:53.040 If the revolutionary generation came back here, it's not just the structure and the results.
00:22:56.620 It's a good, good God in heaven.
00:22:59.660 What have you done to allow these people to have control of this, our beloved republic that we put everything on the line for?
00:23:08.640 Yeah, how does it make you think?
00:23:09.960 Was Trenton worth it?
00:23:11.260 Was Valley Forge worth it?
00:23:14.000 Was Morristown worth it?
00:23:15.680 Was Saratoga worth it?
00:23:18.160 Was Bunker Hill worth it?
00:23:19.660 Was all of it worth it?
00:23:20.580 Was that worth it?
00:23:22.060 Is that what you were doing for this?
00:23:24.600 And forget the freak show and the culture.
00:23:27.500 I'm just talking about the power and the money.
00:23:29.420 They have outright contempt and hatred for this country, its sovereignty, this republic and its citizens.
00:23:38.180 And they're going to sit up here now and whine all day long.
00:23:41.740 This is so terrible.
00:23:43.400 People are going to have to pay more for the dress we can get in Macy's. 1.00
00:23:46.960 People are going to have to.
00:23:48.100 They're going to pay more for this.
00:23:49.160 They don't give a damn about that.
00:23:50.580 They've never given a damn about that.
00:23:52.060 Were they talking about that when Biden juices, as we said on this show, at the moment they did it in 21 and they did that whole nother cash infusion.
00:24:04.240 We said it's going to skyrocket inflation.
00:24:07.160 Ourselves and Larry Summer and nobody else.
00:24:10.820 And particularly not the traitors, Republicans that signed up for it to get it passed.
00:24:14.900 And now those same Republicans, the same people that signed on to that blood oath with Biden and that crowd for this spending that crushed everything and set inflation up.
00:24:27.420 Did you see the Republicans talking about it?
00:24:28.940 No, but all they're running to the mic now.
00:24:31.000 My Lord, this is terrible.
00:24:33.040 We must stop.
00:24:33.800 And Trump must be stopped.
00:24:35.040 He must be.
00:24:35.640 He's not going to be stopped.
00:24:39.240 He's not going to be stopped.
00:24:41.040 And the White House staff, you guys have done a great job.
00:24:43.200 You've got to get, I need 100 economists.
00:24:45.480 I need 100 businessmen.
00:24:46.720 I need 100 entrepreneurs.
00:24:48.080 I need 100 union people.
00:24:49.460 I need 100 folks from Main Street.
00:24:51.060 And I need them in microphones.
00:24:52.360 I need them on shows starting Monday.
00:24:54.960 My producers should be coming to me every second and saying, these people are so obnoxious.
00:24:58.240 They want everything.
00:24:59.060 They want every second of the show.
00:25:00.460 It's crickets.
00:25:03.220 Trump's got a job.
00:25:05.100 He's president of these United States.
00:25:07.640 The commander-in-chief of our armed forces and the chief magistrate and chief law enforcement officer of our nation.
00:25:14.380 He's fully engaged.
00:25:17.180 I got a secretary of treasury.
00:25:18.980 He's great.
00:25:20.000 I got a secretary of commerce.
00:25:21.300 He's getting better.
00:25:22.380 I got Navarro.
00:25:23.080 They got jobs, too.
00:25:25.080 I don't need them on TV constantly.
00:25:29.180 You give, you know, Besson come out and do something with Cain.
00:25:31.740 Look, that's fine.
00:25:32.480 I don't need them on.
00:25:33.220 He's not a TV host.
00:25:38.200 Where are the economists?
00:25:40.200 Where are the businessmen?
00:25:42.160 Where are the entrepreneurs?
00:25:43.800 And God in heaven, where are the working class? 1.00
00:25:46.100 Hell, guys were coming up in the Rose Garden and high-fiving Trump and taking the microphones.
00:25:51.320 President Trump, I'm from Macomb County.
00:25:54.200 The home of Reagan Democrats.
00:25:55.620 I love this.
00:25:56.300 Where is that gang?
00:25:57.400 They're called surrogates.
00:26:06.020 Folks, if you think the biggest change in the global economy since World War II against people that control that and have made so much money, let me just repeat.
00:26:22.420 I think it's since October 1st, the beginning of the fiscal year, $4.4 trillion of wealth has accreted to the top 1 or 2 percent or 0 percent.
00:26:32.700 Let's say this.
00:26:33.480 The top guys.
00:26:35.420 Greater than the bottom 50 percent. 0.86
00:26:39.020 Note to self.
00:26:41.120 Trump's whole purpose is to change that.
00:26:44.900 He's not to take.
00:26:45.700 He's not.
00:26:46.080 He's not the French Revolution.
00:26:47.600 He's not a Bolshevik.
00:26:48.740 It's Donald Trump.
00:26:49.560 You don't have a bigger capitalist, a bigger entrepreneur.
00:26:51.640 It's Trump.
00:26:52.820 All he's trying to say is, hey, I'm tired of these elites ripping off American people, and the American people want a piece of the action.
00:26:59.960 They deserve a piece of the action, and they're going to get a piece of the action.
00:27:08.000 So why don't we help him out?
00:27:11.060 You know, we're going to help him out?
00:27:12.060 Let's go rip some faces off. 1.00
00:27:15.340 You're telling me, Katie Turr, and it's the crowd at MSNBC, and seeing Steve Leisman, this is what's going to do it, and this is going to create this kind of firestorm, and they're sitting there, oh, my God, it's terrible, it's terrible, terrible, and then have a million people call Trump over the weekend?
00:27:28.840 You've got to back off.
00:27:29.840 You've got to back off.
00:27:30.620 This is terrible because they all grabbed, all these donors, they're all pearl clutchers.
00:27:36.020 They're all gutless, and they panic at the first sign of a fight.
00:27:40.260 We've got to fight.
00:27:40.980 You think they're going to give this to you?
00:27:42.180 You think they're going to toss the keys?
00:27:43.180 Trump, why not think of that?
00:27:44.840 Why didn't I think of the reciprocal terrorists?
00:27:46.680 Why was that an odd idea?
00:27:48.500 That's so great.
00:27:49.200 Here's the keys.
00:27:49.880 You just take it for a while.
00:27:51.620 Have we lost our freaking minds?
00:27:55.000 This is a war, and if you don't treat it like a war, you're going to get your ass kicked.
00:28:05.100 Ed Dowd will join us, I think, from Maui or from Hawaii next time.
00:28:12.980 How well do you sleep at night?
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00:29:34.000 Do it.
00:29:35.240 Do it today.
00:29:36.740 Use your agency.
00:29:38.020 Action.
00:29:38.740 Action.
00:29:39.260 Action.
00:29:39.500 You know, sometimes like in deals or, you know, events or messaging, some things are going to be bought, other things you've got to sell.
00:29:53.080 You have to sell this because it's such a massive reorganization.
00:29:56.560 And it's not complicated to this audience because we've walked you through this for the last five years.
00:30:04.920 You know it.
00:30:05.600 In fact, hell.
00:30:06.940 Why don't we just get the war on posse and be surrogates? 0.78
00:30:08.920 Honestly, you guys could sell it better than it's being sold right now.
00:30:13.020 It's got to be sold because you see the counter.
00:30:15.380 The people that controlled the system, that made all the money, and also their theory of the case is we're just going to wait Trump out.
00:30:24.380 We're going to wait Trump out.
00:30:26.340 We see in Wisconsin Trump not at the top.
00:30:28.600 We saw the 18 midterm.
00:30:31.100 We saw the 22 midterm.
00:30:32.860 Didn't turn out quite.
00:30:33.580 They won.
00:30:34.740 Great effort.
00:30:35.600 Didn't quite win as big as they wanted.
00:30:37.000 We saw the 18 midterm.
00:30:39.700 They got smoked.
00:30:41.480 We saw Wisconsin.
00:30:44.280 These Trump people, they love it when Trump's on the ballot.
00:30:46.780 When they pick a ballot and his name's on top, they're good.
00:30:49.240 No Trump.
00:30:50.340 Not so good.
00:30:51.840 They think they can wait us out.
00:30:56.500 This is a 10 or 20-year struggle.
00:31:00.220 Why do you think I'm the biggest advocate of Trump 28?
00:31:04.360 Trust me, folks.
00:31:05.360 I don't waste my time chasing rabbits, okay?
00:31:09.900 This is a war for this country, for the direction of this country.
00:31:14.960 We're either a constitutional republic built upon entrepreneurial capitalism, or we're going to be what you had in those four years.
00:31:23.200 And you saw it, baby, the economics of it.
00:31:26.020 You saw what they thought about our sovereignty.
00:31:27.740 They thought about what you thought about as U.S. citizens, what they thought about our true allies and where they want to put their money and how they want to sneak it around.
00:31:35.680 New York Post got a story today about Hunter Biden and grime happening on the Obama administration and all that.
00:31:41.620 These people are perverts, they're degenerates, they're crooks, they're incompetent, and they're just overall not good folks.
00:31:50.320 Full stop.
00:31:51.140 And they want to create all the money and power to themselves and give you a fair thee well.
00:31:56.320 Now, this is about the forgotten man and woman who are forgotten no longer.
00:32:02.800 And guess what?
00:32:03.600 In the last couple of years, you're not.
00:32:05.420 You've raised your head up and you've roared and you put him on your shoulders and delivered the biggest comeback victory in the history of the nation, bigger than the one in 16, against all odds.
00:32:18.580 On a man they wanted to put in prison, a man they wanted to bankrupt, a man they brought up all these charges, women, all this stuff, all this, everything, all this, all this stuff, all of it, all of it every day.
00:32:30.240 And he had the moral courage to say, hey, I know it's going to happen, but I'm all in.
00:32:35.120 That's why he may be the greatest leader this country ever had.
00:32:37.980 And I understand he's got a couple, three imperfections.
00:32:40.980 So did Lincoln and so did Washington.
00:32:43.160 Go read the histories of them.
00:32:45.420 The memoirs.
00:32:46.140 Go in detail and see that.
00:32:47.340 They had plenty of shortcomings.
00:32:50.080 And they were disruptors.
00:32:52.040 And guess what?
00:32:52.920 They were hated by a lot of people also.
00:32:56.040 That kind of gets washed out in history.
00:32:58.060 Just like this will be washed out when we win.
00:33:01.360 And we're a long way from winning.
00:33:02.820 I don't want to hear more about the inauguration.
00:33:04.520 I don't want to hear more about tech bros.
00:33:06.080 I don't want to hear about this and that and all these sunshine patriots and summer heroes.
00:33:11.300 I'm talking about now.
00:33:14.120 And I'm talking about a gut check this weekend.
00:33:17.340 Because, baby, it's coming all weekend.
00:33:19.660 Trump's destroyed the economy.
00:33:21.080 Trump's destroyed this.
00:33:22.120 He's crushed our allies.
00:33:23.360 He's done everything.
00:33:23.980 He's the most destructive individual ever.
00:33:26.540 And now we're getting an autocratic breakthrough.
00:33:29.160 He's destroying the courts.
00:33:31.940 He sent these poor, innocent, these poor little boys, these poor, innocent kids.
00:33:38.040 They're so good.
00:33:39.080 Their mommy's gone TV to big tears.
00:33:41.220 They're down in this prison thing because they're good kids.
00:33:45.520 And somehow they just got a rock and roll tattoo.
00:33:48.800 And, you know, people got them for all the wrong reasons.
00:33:51.420 We got to bring them all back and tuck them in because Trump's evil.
00:33:56.380 He's incompetent.
00:33:57.240 He's a bad person.
00:33:59.660 Folks, I told you when the inauguration is going, they're all running around and they got the crypto thing here and they got that here and they're doing this here and they're running around.
00:34:07.440 And I said, give it a hundred days.
00:34:08.780 Well, I think we're before 70 because Trump is going to get down to it.
00:34:14.500 He didn't put he didn't he didn't risk 700 years of 350 years in prison.
00:34:20.280 He didn't risk bankruptcy.
00:34:22.000 He didn't risk having his family destroyed.
00:34:24.480 His honor destroyed.
00:34:25.920 All of it.
00:34:28.960 To come and do small things.
00:34:31.080 Good Lord, he's done more big things in 65 days than all the presidents combined of the 20th century.
00:34:37.560 I'm going to throw FDR in there and Reagan. 1.00
00:34:40.340 If you think about it structurally for the little guy.
00:34:46.460 They're running.
00:34:47.240 Oh, my God.
00:34:47.860 He said Reagan and FDR can't be greater than that.
00:34:51.760 Yeah, he is.
00:34:54.120 Yep, he is.
00:34:55.160 And you're already starting to see fissures.
00:34:57.240 They're already coming out.
00:34:58.140 The Senate's already passed something.
00:34:59.220 You got you got Cruz.
00:35:00.260 You got them all.
00:35:00.940 Oh, my God.
00:35:01.480 Tariffs are terrible.
00:35:02.220 It's going to be awful.
00:35:02.940 It's going to be terrible.
00:35:03.520 They're breaking ranks.
00:35:05.580 I don't see anybody banging heads from the from the White House.
00:35:09.120 He's he's a busy guy.
00:35:10.960 President Trump's got a couple of three things on his plate.
00:35:13.140 Where are the headbangers?
00:35:14.160 Go bang some heads.
00:35:16.160 What I want to see him is up on the Capitol steps with a sign that says reciprocity.
00:35:21.080 Sir.
00:35:21.440 Because behind the scenes, they're the ones leaking to the press and yammering.
00:35:27.000 This is terrible.
00:35:27.600 I don't know what's going to happen.
00:35:29.380 Yeah, I don't know what's going to happen.
00:35:31.660 This is the same crowd that won't go down and have a town hall because they're afraid
00:35:35.420 a Democrat is going to say something bad to them.
00:35:38.320 A Democrat is going to say something bad.
00:35:39.920 So, you know, if these Democrats are going to get something, hey, tell those Democrats
00:35:44.580 go screw yourself. 0.99
00:35:45.520 You guys had four years.
00:35:47.300 You drove this country into the ground.
00:35:49.720 This country is so great.
00:35:51.520 Yeah.
00:35:51.640 How come?
00:35:52.040 How come working class people are not voting for your vote or voting for us? 0.51
00:35:55.160 I don't see the paid guys.
00:35:56.100 They show up there.
00:35:56.760 Ask them.
00:35:57.100 Get in their grill.
00:35:58.920 Shut up. 0.95
00:35:59.480 And if they don't shut up, hey, you get a question.
00:36:01.200 If you don't ask a decent question, throw them out of there.
00:36:04.820 Take them and throw them out.
00:36:05.960 Now, you guys start playing the same tactics.
00:36:10.480 The reason the country's in the shape it's in for too long, the Republicans just went
00:36:15.200 along with this little bow ties and, you know, going to have a, you know, going to have
00:36:18.720 a thing of punch.
00:36:20.540 This is not a cotillion.
00:36:23.080 This is not wearing thin ties and, you know, reading Whitaker Chambers' Witness.
00:36:28.760 That's all great, but that's not what this is about.
00:36:30.520 This is a fight for the direction of your country.
00:36:33.100 This is like the guys in the Patriots in the Revolutionary War.
00:36:37.300 This is like the Civil War.
00:36:38.200 This is like World War II.
00:36:41.380 This is a political Donnybrook, a fight, and they're fighting.
00:36:46.640 And we're sitting around feeling good.
00:36:49.640 We better not be feeling good now because President Trump's put it all on the line and
00:36:53.240 they're coming for him.
00:36:55.580 They're coming for him because they think they saw Wisconsin.
00:36:59.520 They take him out, the whole thing craters.
00:37:03.500 They get a guy running around with a cheese head on.
00:37:05.640 The whole thing craters.
00:37:07.520 Trust me.
00:37:08.520 These people are plenty tough and they're plenty smart and they're conniving.
00:37:12.720 They got the institutions.
00:37:14.280 They got the money.
00:37:15.480 They got the power.
00:37:16.660 They're taking it from overseas.
00:37:18.580 The last thing they want is the American people to have the sovereignty of their nation
00:37:22.280 back.
00:37:22.580 They think we can just wait Trump out.
00:37:28.060 We'll wait this out.
00:37:30.160 He's at least got another 12.
00:37:31.520 He's got 12 years or 11 and a half years minimum.
00:37:35.260 So, yeah, we got a couple of cards up our sleeve.
00:37:41.440 Not wasting our time on that one.
00:37:44.960 But they think we don't need to worry about that.
00:37:46.940 Don't peach him in the midterms because of this.
00:37:50.220 Ed Dowd, we never really made the case.
00:37:54.560 I mean, we would make it here.
00:37:55.540 But they lay out the case of what President Trump inherited and what he's trying to reorient.
00:38:00.320 Walk us through it, sir.
00:38:01.280 Well, you mentioned in this monologue that MSNBC and CNBC are talking about how Trump's wrecked
00:38:09.880 the economy.
00:38:10.900 The middle class economy, the real economy, was already wrecked going into the election.
00:38:14.740 Trump won because of that economy.
00:38:16.800 Real wage growth was minus 2 percent.
00:38:19.740 And I've said before, and I'll say it again, Ronald Reagan had a similar setup, won in a
00:38:23.880 landslide.
00:38:24.880 He had a double dip recession while he restructured the economy.
00:38:28.560 Bill Clinton, same setup, minus 2 percent real wage growth versus Bush.
00:38:34.460 And he won.
00:38:36.140 And Trump won because the economy was already wrecked.
00:38:38.780 The stock market, which is now, I guess, making headlines, was already in the process of topping
00:38:44.280 since December.
00:38:46.120 And what people need to understand is that the last two years of the Biden administration
00:38:49.800 was a fraudulent economy.
00:38:51.980 You know, in every Fed cycle of easing and then tightening, the fraud comes out.
00:38:57.580 While we had corporate fraud in the 90s, we had bank fraud that almost took the system
00:39:02.400 down in the 07, 08 period.
00:39:04.700 Then we had a 14-year easy money period and then an interest rate hike.
00:39:08.520 And usually once the punch bowl is taken away and it has been taken away, interest rates
00:39:13.040 are too tight.
00:39:13.980 They need to come down.
00:39:15.320 And there was fraud that propped up the last leg of this.
00:39:17.760 And this fraud was the elephant in the room, illegal immigration, 10 to 15 million people
00:39:22.800 brought in in a four-year span, majority of which in the last two years.
00:39:26.020 That was a tremendous amount of money.
00:39:28.100 It's easy to assume the all-in economic cost for an illegal alien, which was a purposeful 1.00
00:39:34.000 policy of the Biden administration, outsourced to NGOs, the all-in economic cost that got
00:39:39.520 its way, worked its way into the economy using our balance sheet and deficits, was about
00:39:44.720 $50,000 to $100,000 per illegal.
00:39:46.840 That includes getting them from Central America to the Darien Gap, to the border, into the interior 0.97
00:39:52.300 of the U.S., setting them up with accommodations and then giving them food and shelter for the
00:39:57.280 period that they're there.
00:39:58.560 That's a very easy estimate.
00:40:01.160 And that's about, if you say 15 million illegals, good, and that's $1.5 trillion that was spent 0.91
00:40:06.100 to prop up this economy through the NGO system.
00:40:09.040 And it was fake, false.
00:40:11.040 And that's why we had fraudulent non-farm payroll numbers.
00:40:14.220 We suspect only about 2 million of the illegals actually got jobs.
00:40:17.280 The rest are getting freebies.
00:40:19.080 Doge has exposed so much fraud, getting Social Security numbers, free benefits.
00:40:24.680 I think the administration needs to really talk about the fraud that they've uncovered
00:40:28.420 and how it propped up the economy.
00:40:30.540 And the economy, quite frankly, started the weekend, the moment Trump got elected.
00:40:34.440 Look, $16 trillion from the pandemic going, $16 trillion.
00:40:39.580 This is how you get to the 37.
00:40:40.940 We started at 21 trillion, $16 trillion.
00:40:43.080 The reason this thing was propped up is federal spending.
00:40:48.120 And the Congress went along with it, and Biden went along with it.
00:40:52.700 I mean, we stopped it and turfed out McCarthy. 0.99
00:40:55.020 And that's got to stop.
00:40:56.700 Inflation is not going to stop until you stop that.
00:40:58.740 We have, okay, for the people on CNBC and MSNBC, particularly Katie Turr, take your number
00:41:03.180 two pencil out, Katie. 0.96
00:41:04.820 Katie, I can tell right away that you were a math with tears person.
00:41:08.980 Just saying.
00:41:09.580 Maybe not.
00:41:10.260 I think she said the other day she took calculus.
00:41:11.900 That's okay.
00:41:12.520 That's good.
00:41:13.980 We have $25 trillion trade deficit, cumulative, aggregate, and $37 trillion of debt.
00:41:19.540 That's the face of me.
00:41:20.240 I got another $100 trillion of, you know, contingent liabilities, I would call them.
00:41:27.140 We're in hock.
00:41:29.360 Part of the 37 trillion is that people are not making enough money.
00:41:32.640 They're buying the cheap goods sent over from China because they don't have the jobs here
00:41:37.800 anymore.
00:41:38.840 That's how you get to the deficit.
00:41:39.900 The trade deficit's a real thing.
00:41:41.180 $18 trillion since China's come into the World Trade Organization and got most favored nation
00:41:46.500 status.
00:41:47.060 By Clinton and Bob Rubin and the neoliberal neocons of the Bush Clinton.
00:41:54.300 They're all the same folks, and that's the gospel they're preaching here every day, and we're
00:41:59.160 not countering it with economic nationalism.
00:42:01.620 Up in your face, brute force.
00:42:04.400 Sorry you don't like it.
00:42:05.700 This is what we're doing.
00:42:06.940 The American people are going to get a great deal.
00:42:10.260 What does Posobiec say?
00:42:11.580 It's a great deal.
00:42:12.920 It's not a good deal.
00:42:14.000 It's not an okay deal.
00:42:15.660 It's not a kind of a...
00:42:16.560 It's a great deal.
00:42:18.740 And that's why...
00:42:20.160 Why do you think they're on MSNBC and CNN, New York Times, Wall Street Journal, Financial
00:42:23.640 Times?
00:42:24.040 Ginny and Ted's up there.
00:42:25.160 She's one of the smartest women in the world in capital markets.
00:42:29.820 She's very upset.
00:42:32.040 She's very upset.
00:42:33.060 Hell, it's the Financial Times of London, the Wall Street Journal, the New York Times.
00:42:38.920 Do these people have anything in common or ever have the back of working men and women 0.72
00:42:42.860 in the United States of America ever?
00:42:45.520 No, they do not.
00:42:46.840 Why do they hate Trump so much?
00:42:48.940 They hate him because they think he's a traitor to his class.
00:42:52.580 He's a billionaire, for God's sake.
00:42:55.180 He's exposed the con, the long con, and that's what this has been.
00:43:01.260 And Ed Dowd just walked into a couple of three numbers that they never wanted to talk about.
00:43:06.040 Were they running around with inflation, inflation, inflation, and talking about how bad inflation?
00:43:10.500 They were trying to cover it up, but it's really not that bad.
00:43:12.880 It's only 2%.
00:43:13.600 I'm not talking about the decline in the purchase power of the dollar or why the BRICS nations
00:43:18.280 were upset.
00:43:20.940 Because they run a surrogates program.
00:43:22.980 Hell, they got hundreds of economists and hundreds of business guys.
00:43:25.760 They're all coming out.
00:43:27.980 Because they're part of a corrupt system and they don't want to take their hands off the
00:43:32.360 levers of power.
00:43:34.340 What could be simpler?
00:43:36.040 Let's take down the CCD.
00:43:37.560 Short break.
00:43:40.300 Health isn't just a personal issue.
00:43:42.280 It's a family issue.
00:43:43.220 A community issue.
00:43:44.660 We're living in unpredictable times.
00:43:46.680 Supply chains can break down.
00:43:47.980 Hospitals can get overwhelmed.
00:43:49.400 And let's not even start on the natural disasters.
00:43:52.620 These aren't hypotheticals.
00:43:53.820 They're happening.
00:43:54.460 You see it here in the war room and we all know it.
00:43:57.180 The question is simply, are you ready?
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00:44:46.120 Here's your host, Stephen K.
00:44:49.200 Bannon.
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00:45:13.620 Get the six free, and so I mean, get them all, but get the six free one.
00:45:18.260 Modern monetary theory, the idea that broke the world.
00:45:21.040 Don't think we're the world's biggest margin call?
00:45:23.220 Stand by.
00:45:25.100 Over at Substack, I'll put this up later, Tanvi Ratna, very perceptive.
00:45:30.560 Trump's new tariffs aren't a trade tweak.
00:45:32.720 They're a first move and a full spectrum reset.
00:45:36.360 9.2 trade in debt matures in 2025.
00:45:39.020 Inflation lingers.
00:45:40.020 Alliance are shifting.
00:45:40.800 She breaks and does a whole analysis. 0.98
00:45:44.280 That's the way to think about it.
00:45:45.220 Think about this smartly, the pieces of it.
00:45:47.660 Remember on the pandemic, they want to do, remember the World Economic Forum, like Klaus Schwab,
00:45:53.560 retired the other day?
00:45:56.240 They want to do what, the build back better, a bunch of pencil necks with PowerPoints, doing
00:46:01.720 TED Talks.
00:46:03.820 Donald Trump's changing the world with action.
00:46:06.920 He steps in.
00:46:07.460 You see that speech in the Rose Garden the other day?
00:46:09.420 That's a man stepping into it and say, here's the way it's going to be.
00:46:15.280 And let's give him a little backup.
00:46:16.600 How about that?
00:46:18.520 Everybody ought to be to the ramparts on this.
00:46:20.580 And he's not going to back off.
00:46:24.040 This, you got a one shot to do this, folks.
00:46:26.420 You blink now.
00:46:27.720 I don't want to hear any whining and bitching and moaning about, oh, this is so terrible.
00:46:32.060 They sent all the jobs to China.
00:46:33.420 Hell, he just got a 54%.
00:46:35.700 If you add the 20 to the 34, he got 54% tariff.
00:46:39.000 Chinese Communist Party, they ain't sleeping tonight.
00:46:43.160 They're figuring out how we did it.
00:46:44.660 We got to do something with Trump.
00:46:47.200 He just went to economic war of the CCP.
00:46:49.740 He said, hey, suck on this.
00:46:50.680 How about this?
00:46:51.780 Deal with this.
00:46:53.260 I respect you, Xi.
00:46:54.960 Deal with the 54% tariff, of which 20% is starting immediately.
00:46:59.040 This is not a TED Talk.
00:47:02.640 It's not a bunch of foils.
00:47:04.140 It's not some presentation.
00:47:05.460 It's not a deck.
00:47:06.840 Go to World Economic Forum, Davos.
00:47:08.760 Let's have a deck.
00:47:10.800 There's all those guys.
00:47:11.620 They all weigh 98 pounds or 102 pounds, right?
00:47:14.040 Got the thin suits and all the different colors.
00:47:16.520 They're sitting there giving you a deck.
00:47:18.300 How about a deck?
00:47:18.920 How about a presentation?
00:47:19.740 You're doing a presentation.
00:47:21.020 Trump's changing the world.
00:47:23.080 A world that you built that's screwing working class people throughout the world, 1.00
00:47:28.000 but particularly in the United States of America.
00:47:32.680 And he doesn't care if you like it or you don't like it.
00:47:36.680 So get on board.
00:47:38.760 Listen, this is going to be remembered, folks.
00:47:42.920 This is going to be remembered.
00:47:43.860 Everybody climbed on.
00:47:44.800 They all climb on when Trump's winning.
00:47:46.320 They all climb on November 5th.
00:47:47.700 Remember, on the evening of November 5th.
00:47:48.940 Isn't Trump great?
00:47:49.680 My phone's blown up.
00:47:50.440 Isn't it amazing?
00:47:51.220 People I haven't heard from him in years.
00:47:52.720 Isn't it fantastic that he...
00:47:55.640 Oh, by the way, you out of prison, Steve?
00:47:57.040 Isn't it great Trump won?
00:47:59.960 They all had the road to Damascus.
00:48:02.160 All the people that hated him for so many years abandoned him.
00:48:04.420 They're all back after 10 o'clock, after Pennsylvania and Wisconsin and Michigan, after all, fell.
00:48:10.200 They all, yep.
00:48:11.500 Tech bros.
00:48:13.840 Facebook went in and started working out more.
00:48:16.220 He's getting bro'd out.
00:48:18.220 Getting Dana White on his board.
00:48:19.780 He's going to be a brother.
00:48:22.220 He's going to be a kung fu fighter.
00:48:23.700 All of them coming back.
00:48:25.000 This is great.
00:48:25.580 Let's have an inaugural.
00:48:26.420 Let's party.
00:48:27.720 Where are they?
00:48:29.260 I think I've missed those voices the last couple of days.
00:48:32.500 Have I seen them up there about this?
00:48:35.480 Maybe I missed it.
00:48:36.460 Maybe my staff just didn't pull all those endorsements.
00:48:39.500 Ringing endorsements.
00:48:41.920 Where are all those Republican politicians all down there begging him, kissing his ass to get an endorsement?
00:48:47.940 So nobody run against him.
00:48:49.520 Tell him he's the greatest thing in the world.
00:48:51.160 Up on Capitol Hill.
00:48:53.160 Hell, they're getting the knives ready.
00:48:54.520 Trump better not come up here.
00:48:56.740 It'll be the Ides of April.
00:49:00.680 Do you think any of them have their back?
00:49:02.780 They don't have his back.
00:49:04.800 How many have come forward with full throat and said, absolutely, this is 100% right.
00:49:09.480 We're sticking with this.
00:49:10.500 Trump's redoing this for the American people, forgotten man and woman.
00:49:15.080 They're all kind of faux populists.
00:49:17.760 They're as much cosplay as Bernie Sanders.
00:49:20.540 Where's Bernie in this?
00:49:22.480 Oh, Bernie put out a sharply worded press release.
00:49:25.120 Yes, you need terrorists, but this is not the way to do it.
00:49:27.560 Mumbo jumbo, Bernie.
00:49:29.100 Bernie, you're irrelevant.
00:49:30.760 Go play in the corner.
00:49:32.240 You had two shots at Hillary Clinton. 0.96
00:49:33.480 You had two shots at the neoliberal neocon mafia, and you blinked both times.
00:49:38.220 You know why?
00:49:38.660 You're a gutless old man.
00:49:41.260 Oh, he's drawing big crowds, drawing big crowds.
00:49:43.340 Hey, hapless fools that go to Bernie Sanders are going to remain hapless fools.
00:49:48.360 Sorry, not sorry.
00:49:50.700 Oh, but he's got his opening axe at AOC.
00:49:53.040 She's a fire breather. 1.00
00:49:54.000 She's on top of it.
00:49:54.780 She's got it.
00:49:55.640 She understands it.
00:49:58.520 It's two beauties.
00:50:02.560 This is political warfare.
00:50:04.480 You got one shot at this.
00:50:06.720 Everybody for decade after decade after decade after decade has said the jobs all shipped,
00:50:12.680 and the jobs left, and the drugs came in.
00:50:16.140 They gutted the Midwest.
00:50:18.200 They gutted the Upper Midwest.
00:50:20.360 They gutted New England.
00:50:21.620 They gutted the South.
00:50:24.220 And you see those people, you know, Stephanie Ruhle and that crowd on them.
00:50:27.220 They're all, yeah, this is too bad, you know, and they're making a pitch.
00:50:30.360 They're not including the service economy.
00:50:32.660 They're not including the service economy.
00:50:34.520 There's no sustainable competitive advantage in a service economy.
00:50:38.120 I'll accept if you come up with an algorithm.
00:50:40.100 I got it.
00:50:41.520 The algorithmic age.
00:50:43.220 I got it.
00:50:43.820 Well, the only reason that you got it, come on, it was you granted these guys monopoly status.
00:50:51.380 Let Lena Kahn on them for a month and see how, what big shots they are. 1.00
00:50:56.140 Let Gail Slater take a shot at it. 1.00
00:50:57.900 Oh, it's a service economy.
00:51:00.480 We're all here all day.
00:51:01.060 It's a service economy, and we're not counting services, and services become so competitive.
00:51:05.580 No, no, that's just not true.
00:51:09.400 It's what you make, how you make it, how you produce it, how you grow it.
00:51:13.220 That's it.
00:51:13.720 I don't want to hear any whining if we don't win this moment.
00:51:23.500 We're going to win this moment, okay?
00:51:25.420 And remember, I'm taking names.
00:51:27.080 I got my black book out.
00:51:28.260 I'm Irish.
00:51:29.020 I'm taking them, writing that down with my number two pencil.
00:51:31.680 Who's with us and who's against us?
00:51:34.080 And I don't want to, after this, no more shot at coming back on the boat.
00:51:38.000 We're going to shoot the people.
00:51:39.200 If you jumped over the boat, you're going to swim back?
00:51:41.400 You tried to get out of the way?
00:51:43.080 No, no, no, no, no, no.
00:51:44.280 Shoot them.
00:51:46.280 That's a metaphor.
00:51:48.460 Hell, what do I care?
00:51:49.360 We're banned everywhere for good reason, and I'm damn glad of it.
00:51:54.200 It's so detestable what I've seen the last couple of days.
00:51:57.940 The cowardice, the lies.
00:52:00.800 When the American people, their livelihood, their pursuit of happiness,
00:52:06.040 which I happen to read somewhere, their pursuit of happiness in their children,
00:52:09.100 and their grandchildren, we're on the line.
00:52:13.620 The misrepresentations, the lies.
00:52:17.240 Bald-faced lies. 0.99
00:52:19.960 Because those in charge of the money and the power are not prepared to pat you on the head
00:52:24.860 and say, what a brilliant idea.
00:52:26.920 Yes, Jack Vosobiec, you're correct.
00:52:28.680 Yes, Charlie Kirk, you're correct.
00:52:29.960 It's a great deal.
00:52:30.900 Why didn't we think of that?
00:52:33.320 Why didn't we think of that?
00:52:34.700 It is a great deal.
00:52:35.720 Thanks for explaining that to us, fellas.
00:52:38.420 We'll get on board now.
00:52:39.840 That's not the way this is going to roll, folks.
00:52:44.100 Short break.
00:52:45.540 Ed Dowd and others next.
00:52:47.220 The April 15th tax deadline is coming, and it's coming fast.
00:52:52.660 Do you have unfiled tax returns?
00:52:54.360 Can't pay the IRS?
00:52:55.920 The IRS is more than aggressive and the more aggressive than ever.
00:53:00.060 And the longer you wait, the worse it gets.
00:53:01.880 Wage garnishments, bank levies, even property seizures are all on the table.
00:53:07.880 You need to get ahead of this.
00:53:09.580 You need to get ahead of it today.
00:53:11.660 But going up against the IRS alone is a big-time mistake.
00:53:15.320 Take my advice.
00:53:16.100 Call the experts at Tax Network USA.
00:53:18.300 They know the system.
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00:53:38.160 Tax Network USA's attorneys and negotiators have already resolved over $1 billion in tax debt.
00:53:44.340 Let me repeat that.
00:53:45.860 They've already resolved over $1 billion in tax debt.
00:53:50.720 Tax Network USA can help you, too.
00:53:53.360 But you need to move.
00:53:54.360 You need to move fast because April 15th is already here.
00:53:56.900 Remember, if you get that letter, don't put it in the drawer.
00:54:00.060 It just metastasizes.
00:54:01.980 Talk with one of our strategists today.
00:54:05.660 It's totally free.
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00:54:13.260 Call Tax Network USA at 1-800-958-1000.
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