Bannon's War Room - Episode 4402： The Multifront War On The Devaluation Of The American Dollar

00:00:00.000 What happened today that was different after all his remaining tariff threats went into effect at midnight last night?

00:00:06.040 What happened today was not that the stock market tanked.

00:00:09.600 It did at the beginning of the day with the tariffs in place, but that's, again, normal for a day with Donald Trump at the wheel.

00:00:16.080 What was different today was not that the stock market tanked again, right?

00:00:20.440 It was that the bond market tanked at the beginning of the day.

00:00:25.140 26 past the hour, beautiful shot of Capitol Hill this morning.

00:00:28.880 This morning, House Republicans will hold a vote on a Senate-passed budget bill after GOP leaders pulled the measure from consideration last night.

00:00:37.880 It was a major setback for Speaker Mike Johnson, who is pushing Republicans to get on board with the bill and advance President Trump's legislative agenda.

00:00:47.800 But several conservative fiscal hawks argue the Senate's budget blueprint would add too much to the nation's debt.

00:00:55.160 It's unclear if any of those holdouts have changed their minds.

00:00:59.800 You know, Willie, the issue has obviously been for quite some time, a $20 trillion addition to the United States debt, which is already sitting at $36 trillion.

00:01:09.780 Nothing fiscally conservative about that.

00:01:12.140 You have the Senate passing resolution and saying, well, let's just pretend that we aren't extending these tax cuts,

00:01:19.280 which are going to blow a hole, of course, in the deficit and the national debt.

00:01:23.680 And some, I guess I'll say fiscal conservatives, I'm glad there are a few that still at least call themselves that.

00:01:32.400 And the House Republican caucus are saying, we just can't do this without additional cuts.

00:01:37.760 We'll see where it goes.

00:01:38.940 But right now, I think some tough sailing for the speaker simply because, I mean, how does any Republican,

00:01:47.380 how does anybody that calls themselves a fiscal conservative support a budget that is going and tax cuts that are going to lead to $20 trillion

00:01:57.180 in new deficit and debt spending over the next 10 years?

00:02:02.200 Since President Trump was elected, our two nations have done more to strengthen cooperation in a few months than we have in decades.

00:02:11.200 And President Molino, who we met with earlier, we have you to thank in large part for that as well.

00:02:17.100 We're partnering closely in three areas.

00:02:19.140 First, securing our borders and stopping mass illegal migration.

00:02:23.800 What Panama has done in the Darien Gap is incredible.

00:02:27.800 Crossings down 99% since a year ago.

00:02:31.840 Second, we're countering violent cartels and criminal enterprises.

00:02:35.800 And third, we're securing the Panama Canal and countering China's malign influence. 0.97

00:02:41.920 The Panama Canal is key terrain that must be secured by Panama with America and not China.

00:02:48.540 To that end, that is why the United States and Panama have just signed a Memorandum of Understanding on Cooperative Security Activities.

00:02:58.440 This Memorandum of Understanding will increase joint training, exercises, operations, and overall interoperability between our two forces.

00:03:08.340 Re-establishing rotational and joint presence at Fort Sherman, Rodman Naval Station, and Howard Air Force Base.

00:03:17.200 At Fort Sherman, reviving the Jungle School alongside Panamanian forces.

00:03:22.220 In fact, right now, partnering with Panama, we have two cruisers, two USS Coast Guard cutters, F-18 fighters, a U.S. Marine Corps infantry company, over 1,000 U.S. troops supporting partner operations in Panama.

00:03:38.580 In this region, as we put America first, we are putting the Americas first as well.

00:03:44.700 We're doing this by confronting shared threats and shared challenges in this hemisphere.

00:03:49.900 Starting, as President Trump has led the way, by securing our southern border, getting 100% operational control.

00:03:57.880 Because border security is national security, and it starts at home.

00:04:01.180 We're doing this by stopping illegal migration, destroying transnational cartels and gangs, and ending the era of capitulation to coercion to the communist Chinese. 0.96

00:04:11.020 As I said yesterday, we are helping to take back the Panama Canal from communist Chinese influence.

00:04:18.540 Like our partners across Central America and South America, the United States wants a hemisphere that is secure, prosperous, and full of sovereign nations.

00:04:28.260 And we will achieve these goals together, standing shoulder to shoulder with our allies and partners with President Trump leading the way.

00:04:36.800 Liberations as recently as last night, and it's very productive.

00:04:39.780 And I'm happy to tell you that this morning, I believe we had the votes to finally adopt the budget resolution so we can move forward on President Trump's very important agenda for the American people.

00:04:51.420 This process has required a lot of close consultation between the White House and the Senate.

00:04:57.300 And all of that has been necessary because we want to make sure that we are delivering on our shared goals in the budget reconciliation process.

00:05:04.780 Our big, beautiful bill has to reflect all of that, and so it is big, and it involves a lot of areas of policy, and so it requires a lot of close coordination.

00:05:15.800 Our two chambers are directly aligned also on a very important principle, and that is the principle of fiscal responsibility.

00:05:22.560 We are the party that delivers and ensures that.

00:05:25.380 So we have a number of aims here.

00:05:27.680 Our aim is to deliver on our promises in this big, beautiful bill regarding things like border security and restoring peace through strength and American energy dominance and regulatory reform to get the economy really humming again.

00:05:42.020 And, of course, also tax relief, tax reductions.

00:05:44.720 We have to make the tax cuts permanent, and that's all involved and enveloped in this big effort and all the other promises and priorities we made.

00:05:52.080 Now, it's important to note that at the same time, we also need to achieve the maximum amount of savings for the American people, because that's what fiscal responsibility is.

00:06:02.320 And we even want to start reducing the deficit.

00:06:05.600 So with all that in mind, our first big, beautiful reconciliation package here involves a number of commitments, and one of those is that we are committed to finding at least $1.5 trillion in savings for the American people.

00:06:18.220 So we got a little pushback from some senators yesterday on tariffs, and they were able to break through to him, as well as the bond market.

00:06:26.980 But something that was sort of overshadowed, because it came just before actually Trump blinked and pulled a lot of these tariffs down, the House of Representatives, as part of their legislation, took away their own power to restrain his ability, the president's ability, on tariffs.

00:06:41.780 It was, they surrendered. Speaker Johnson was going to put it in the budget, like, we won't have any say on tariffs, you know, for, I believe it was six months or so, meaning it wouldn't be until the fall or later before they could weigh in on any of this.

00:06:54.940 So yet another example, guys, where this Congress has, you know, the co-equal branch of government, not so much.

00:07:01.480 They're not interested in this.

00:07:03.940 They're willfully ceding power, more and more power, to the executive branch.

00:07:08.260 All aligned on the need to make the 2017 Trump tax cuts permanent, to restore American energy dominance, to grow our economy, and to make a generational investment in our border security,

00:07:23.700 and also make sure that we are ready militarily to deal with any of the threats that the country faces around the world.

00:07:31.480 And those are all things that are addressed in this budget resolution, which is why it's really important that we act.

00:07:36.320 The budget resolution, as you know, is the first step.

00:07:39.120 It unlocks budget reconciliation, which is where all this can be achieved.

00:07:43.600 But one of the principal objectives in our budget resolution and in the House's, as outlined by the Speaker, is spending cuts.

00:07:51.640 We have got to do something to get the country on a more sustainable fiscal path,

00:07:55.140 and that entails us taking a hard scrub of our government and figuring out where we can find those savings.

00:08:02.040 And our ambition in the Senate is we are aligned with the House in terms of what their budget resolution outlined in terms of savings.

00:08:10.220 The Speaker's talked about $1.5 trillion.

00:08:12.100 We have a lot of United States senators who believe that is a minimum.

00:08:17.520 And we're certainly going to do everything we can to be as aggressive as possible to see that we are serious about the matter not only of making our federal government more fiscally sustainable,

00:08:28.220 but also deficit reduction, which is critical to a lot of our members in the Senate and I know to his members in the House.

00:08:33.800 So we're ready to move forward.

00:08:35.960 I'm hoping that the Speaker and his team and his House colleagues can succeed today, get the budget resolution passed,

00:08:42.380 and that will set us up for the next step in this process.

00:08:45.620 Coming in under minus one-tenth on headline, minus one-tenth.

00:08:50.820 We're expecting the exact opposite.

00:08:52.660 We're expecting up one-tenth.

00:08:54.220 Minus one-tenth?

00:08:55.260 Well, we equal where we were in May of 2020 to find a lower number here all the way to April of 2020,

00:09:02.700 the heavy COVID-affected months of the calendar.

00:09:06.220 If we take food and energy out, still coming in on the under.

00:09:09.460 Up one-tenth.

00:09:10.560 We're expecting triple that number.

00:09:12.740 Up one-tenth?

00:09:13.960 Well, that would equal where we were in June of last year.

00:09:17.920 To find a lower number would be zero in January of 21.

00:09:21.880 These are definitely low numbers.

00:09:25.260 This is the primal scream of a dying regime.

00:09:31.140 Pray for our enemies, because we're going medieval on these people.

00:09:36.360 Here's the time I got a free shot at all these networks lying about the people.

00:09:40.620 The people have had a belly full of it.

00:09:42.560 I know you don't like hearing that.

00:09:43.960 I know you've tried to do everything in the world to stop that, but you're not going to stop it.

00:09:46.660 It's going to happen.

00:09:47.700 And where do people like that go to share the big lie?

00:09:51.320 Mega Media.

00:09:52.240 I wish in my soul, I wish that any of these people had a conscience.

00:09:58.120 Ask yourself, what is my task and what is my purpose?

00:10:01.860 If that answer is to save my country, this country will be saved.

00:10:08.200 War Room.

00:10:09.080 Here's your host, Stephen K. Bannon.

00:10:11.480 It's Thursday, 10 April, in the year of our Lord, 2025.

00:10:22.480 Explosive overnight news.

00:10:24.160 And then early this morning, the China, the market is down almost a thousand points, just right under it.

00:10:30.480 After a good overnight in Asia and in Europe.

00:10:36.320 And the reason is that it's full on engagement now in a trade war and maybe even expanded beyond that of the two titans of the world economy, the Chinese Communist Party and the United States of America.

00:10:49.320 So China is fully engaged in this now.

00:10:51.760 That's why Pete Heggs, I think, played that long clip of Pete in Panama.

00:10:56.580 Inflation number, amazing.

00:10:58.740 Low inflation numbers coming in.

00:11:00.400 I think second month in a row under President Trump.

00:11:02.960 We have E.J. and Tony.

00:11:03.880 Some of his analysis will try to get him up.

00:11:06.180 But the inflation number looks good.

00:11:08.060 Last night, as we left you, they barely voted out the rule in the House.

00:11:13.160 They had three no's.

00:11:13.900 That's so extraordinary, just to get something on the floor.

00:11:16.820 They had a debate last night.

00:11:18.020 They didn't bring it to a vote, or actually I think they tried to bring it to a vote.

00:11:22.280 They dropped it.

00:11:23.080 They had a bunch of meetings.

00:11:24.160 Then this morning they had another conference or another discussion and then a joint press conference.

00:11:29.120 What the hangup is, is the House, Johnson had not – there was no mechanism to actually commit to cuts.

00:11:37.640 And this is – John Thune sat there and talked about fiscal responsibility.

00:11:42.560 Speaker Johnson talked about fiscal responsibility.

00:11:45.280 This reconciliation, I realize the budget resolution is just kind of the starter's gun to get it rolling.

00:11:51.460 There can be other significant cuts coming in.

00:11:55.760 But when they talk about $1.5 trillion, to my knowledge, they're still talking over 10 years, and that's $150 billion.

00:12:02.480 Yeah, it's just not going to hack it.

00:12:05.340 This budget, it looks like it's – it's got added the deportation money, which is $170 billion, a top-up on the defense budget.

00:12:16.160 As Pete Hicks has said the other day, it gets over $1 trillion.

00:12:18.040 It – the Senate version has, I believe, a lift of the debt ceiling of $5 trillion, and I only think this is a two-year deal.

00:12:26.560 It's very unclear about all this.

00:12:29.640 That's one of the reasons that I think the market's a little unsettled.

00:12:34.420 Yesterday, something happened very important.

00:12:36.260 I've talked about, and particularly since Liz Truss, the Liz Truss situation in England a couple of years ago, if countries get into these situations where it looks like, hey, you may be going in a totally different direction.

00:12:53.340 And yesterday, that was both on the issue of the tariffs and the structure of the tariffs and process for the tariffs.

00:13:00.560 I think it was very important to get a process in here because President Trump did not blink.

00:13:04.520 President Trump has not – has not had his negotiators do anything but throw down hard.

00:13:11.860 And, of course, we've cut – we've hit Canada and Mexico, two of our biggest trading partners, with pretty massive tariffs.

00:13:19.360 The issue yesterday is the bond market did hiccup a little bit in the morning.

00:13:23.100 They had a good treasury auction before Scott Bessett met with the president, the secretary of treasury.

00:13:31.080 But as Ray Dalio warned us, you have one failed treasury auction here, particularly selling 10-year securities.

00:13:37.400 You're going to have a major problem.

00:13:40.060 The bond market gets a vote, and it's the first time that President Trump really has had – he actually said last night that bond market kind of concerned him.

00:13:50.640 And it ought to concern people.

00:13:52.160 I think one of the reasons the market's down, two reasons today.

00:13:54.660 Number one, I think yesterday was part of a short squeeze, just not guys, institutions coming in and buying long, but covering short positions.

00:14:03.340 Number two, I think this Chinese – the trade war is much bigger than that.

00:14:07.540 This can go on many, many, many different aspects.

00:14:09.720 Pete Hex has said, hey, we're essentially seizing the Panama Canal.

00:14:12.680 Now, if we have to, we'll do it militarily.

00:14:15.900 Last but not least is this – whatever the financial and economic plan is going forward in fiscal year 2026, it's very uncertain.

00:14:25.060 They are going to have a vote.

00:14:26.220 I think the House has got the votes that Johnson's got.

00:14:29.760 It's been a lot of arm-twisting.

00:14:30.940 But I think it's also a lick and a promise to say, hey, we'll put the 1.5 trillion the Senate has in there, and let's just deal with it.

00:14:40.000 Finance, geopolitics, capital markets, the globe.

00:14:44.460 Is China at war with the United States of America all next in the war room?

00:14:48.580 You don't go out and buy a life jacket when the boat is already sinking, and you don't buy gold when the economy has already collapsed.

00:15:07.080 Clearly, others are heeding this advice as gold hit an all-time high the first part of 2025 multiple times.

00:15:14.680 It's not too late for you.

00:15:15.780 The company I trust to help you diversify into physical gold is Birch Gold, the company I buy my gold from.

00:15:23.160 Birch Gold specializes in helping you convert an existing IRA or 401K into a tax-sheltered IRA in physical gold for no money out of pocket.

00:15:34.980 Just listen to this five-star review.

00:15:37.140 Quote, knowledgeable, helpful, non-pressure, end quote.

00:15:40.840 That's what you get with Birch Gold, and that's why I've endorsed them for so long.

00:15:45.780 Get your free info kit on gold by texting the word Bannon, B-A-N-N-O-N, to 989898.

00:15:51.920 There's no obligation.

00:15:53.220 Just useful information with an A-plus rating from the Better Business Bureau and countless five-star reviews.

00:16:00.320 Text Bannon, B-A-N-N-O-N, to 989898.

00:16:03.800 And let the experts at Birch Gold help you secure your financial future today with gold.

00:16:11.040 Here's your host, Stephen K. Bannon.

00:16:19.620 Okay, a lot going on in Capitol Hill, a lot going on in capital markets.

00:16:24.300 Dow Jones Industrial down 900.

00:16:26.140 Look, it's going to fluctuate, but this is after strong showings in Asia and in Europe overnight.

00:16:33.140 A 10-year treasury has kind of settled at a 4.3, so some calm in the bond market.

00:16:37.560 The gold exploded this morning.

00:16:40.380 It's $3,144.

00:16:43.620 It's not about the exact price of gold any day.

00:16:46.440 That's going to fluctuate.

00:16:47.560 What you have to understand is what is driving gold, and why is it a store of value, and why is it a hedge against times of financial uncertainty?

00:16:55.420 The best way to do that, we think, is the guys, men and women at Birch Gold, who are just terrific.

00:17:01.140 So take your phone out right now.

00:17:02.520 Easy way to start.

00:17:04.240 Just take your phone out and text Bannon, B-A-N-N-O-N, at 989898.

00:17:08.960 Get the guide.

00:17:10.000 They put out a guide, a pamphlet that you can study.

00:17:13.700 Ultimate Guide on Owning and Investing in Gold and Precious Metals in the Era of Trump.

00:17:18.640 You do that, and you can also get access to Philip Patrick and his team.

00:17:22.320 Also, one of the things about this Chinese, the war against the CCP, as we told you, they've been at war for us many, many years.

00:17:29.140 Caroline Wren is in Southeast Asia.

00:17:32.000 I think she's in Jakarta.

00:17:33.360 She's going to join us in a moment and give us an update. 0.91

00:17:35.320 Her update yesterday was, quite frankly, brilliant and teed up.

00:17:38.720 She actually broke the news that she was coming to Southeast Asia, and the first move the Chinese have done in this war that we're in is not call President Trump and say, hey, I'm going to send a team to D.C. and let's sit down.

00:17:53.160 No, he's actually going to go to Southeast Asia and really show up, I think, kind of uninvited and just have a sit down with his neighbors, various neighbors.

00:18:01.840 So he's also talked about part of this, and this is a multi-front war.

00:18:07.420 They've been the drivers in the de-dollarization.

00:18:10.800 We're the prime reserve currency.

00:18:12.940 Whether we should continue to be the prime reserve currency is an interesting and fascinating debate, and we should have it on a national scale, like even make it part of the midterms or the 2028 presidential campaign.

00:18:27.080 But just to lose it overnight would be catastrophic for this country.

00:18:31.680 That's what the Chinese Communist Party is trying to do.

00:18:34.060 For four years, we've been working on this and giving to you the end of the dollar empire.

00:18:37.760 What would happen?

00:18:38.820 What's causing people to actually say we can get off the dollar, and what would be the consequences?

00:18:44.300 It's totally free.

00:18:45.820 Go see it.

00:18:46.460 Once you do that, you understand how gold and precious metals fit into the equation of fiat currency.

00:18:52.740 That's birchgold.com slash Bannon into the dollar empire.

00:18:58.320 You get to know Philip Patrick and the team.

00:18:59.860 Just go do it today.

00:19:00.800 Everything's free there, all the information.

00:19:04.260 Inflation, amazing inflation number for the second month in a row, and E.J.

00:19:07.980 and Tony's got some incredible charts.

00:19:10.180 We'll go through them in a moment.

00:19:11.300 But Caroline Wren, you kind of called it yesterday about the ASEAN conference.

00:19:16.540 You gave a tip that, hey, what she was demanding is that people not sit –

00:19:22.120 President Trump's laid out a process, right, to cut these deals with our various trading partners to basically get to reciprocity, but also to stop everything else.

00:19:31.520 And quite frankly, a big part of that is going to be driving jobs back here because in the non-tariff barriers, in the currency manipulation, all that,

00:19:39.840 I'm not so sure you're going to get to total agreement with everybody.

00:19:42.180 So I think there's going to be plenty of room to bring particularly advanced manufacturing back.

00:19:47.800 You're in Jakarta today.

00:19:49.060 Any update?

00:19:50.020 Because the Chinese companies – people understand they're just not going to surrender.

00:19:53.960 The Daily Mail has got a story about how they're going to hit us with a $1.9 trillion tsunami of various things on the trade side.

00:20:01.800 So the CCP, as the Wall Street Journal said the other day, they've been preparing for this for a number of years.

00:20:07.120 And this is kind of what this is all about because we have to sort out the $500 billion of advanced manufacturing that the CCP has stolen from us,

00:20:16.400 or they've stolen trillions, but what we get back every year as far as trade goes.

00:20:20.800 Caroline Wren, your thoughts and observations from Jakarta.

00:20:24.900 Well, a huge hat tip to President Trump and his team, particularly Secretary Besson.

00:20:33.300 I do think that they've been playing this all strategically and truly incredibly.

00:20:37.180 And President Trump's announcement of the 90-day pause on the tariffs, excluding China, really reflects his art-of-the-deal negotiation strategy.

00:20:45.820 And it really does – it was a brilliant idea because it helps take a little bit of pressure off of these Southeast Asia countries. 1.00

00:20:52.140 Well, it's going to take at least 90 days to negotiate these deals, and they are all – they've come to the table, every single one of them.

00:20:58.260 They desperately want to make a deal with the United States.

00:21:01.760 And so by lowering the tariffs to 10 percent for all those nations, I mean, Trump's encouraged that dialogue.

00:21:07.260 He reduced the market tensions, but then isolated China when he did that significant tariff increase.

00:21:12.560 I think, what is it, up to now 125 percent or more.

00:21:15.640 So I just think he's effectively – he's surrounded China economically.

00:21:18.680 He's, like, leveraging the isolation to strengthen his bargaining position.

00:21:22.580 These are genius moves that we haven't seen since Dr. Henry Kissinger, quite frankly.

00:21:27.240 And I think this is a combination of when you put two brilliant people together, like a brilliant dealmaker like Donald Trump and a brilliant, brilliant economist and strategist like Secretary Besant.

00:21:37.660 And we are seeing the fruits of that right now, and I cannot wait to see what these deals look like over the next 90 days.

00:21:44.640 But in the meantime, President Xi is not going to go quietly.

00:21:48.140 As I broke on your show yesterday, I could tell as I was in Kuala Lumpur a massive amount of Chinese presence was there, particularly people that looked like our version, I guess, of Secret Service.

00:21:58.120 So it was quite clear some movement was going to happen.

00:22:00.000 Well, they announced that he's going to be coming on April 15th and 16th to Malaysia.

00:22:04.760 Keep in mind, he has never been to Malaysia, and he's coming to come put pressure on Malaysia to not sign a deal with the United States.

00:22:11.960 I would love to see the United States actually invite the Malaysia delegation to D.C. on April 15th.

00:22:17.240 Maybe we force these countries to make a decision.

00:22:19.640 Do you want to come negotiate at the table with Donald Trump in Washington, D.C., or do you want to stay back and host President Xi?

00:22:25.500 This is a decision that you have to make.

00:22:27.180 The other big thing I'm hearing right now is that while President Xi is on this, we think it's going to be about a week-long tour.

00:22:33.020 After Malaysia, he is going to Cambodia and then to Vietnam.

00:22:36.640 Why Vietnam?

00:22:37.420 Because they were in today negotiating successfully with Secretary Besant.

00:22:42.040 They were in yesterday with the USTR negotiator.

00:22:45.360 Vietnam is at the table.

00:22:46.980 But while President Xi is traveling, we expect him to up the aerial drills over Taiwan.

00:22:51.740 That's the next move in play that he is going to do right now during these negotiations.

00:22:55.240 And we need to be prepared.

00:22:56.760 That's why Secretary Hegseth was in the Philippines two weeks ago.

00:23:00.320 It's why he was at the Panama Canal two days ago.

00:23:03.700 This administration is prepared.

00:23:05.820 And they are going to win this trade war against China.

00:23:12.080 As I say, this is going to quickly to non-trade aspects.

00:23:16.440 The political pressure he's going to put on Southeast Asia is going to be enormous.

00:23:19.520 But this is why Hegseth in Panama yesterday is saying, hey, we just signed a memorandum understanding with the Panamanian government.

00:23:27.180 We're going to do joint military exercises.

00:23:29.620 He's saying we're going to ensure the security of the Panama Canal.

00:23:34.200 And it's not going to have a Chinese Communist Party participation in it.

00:23:38.100 Yesterday, we also had on the show about the NBC News piece about potential kinetic military activity by U.S. armed forces in Mexico against the fentanyl and the Mexican drug gangs who are active partners of the Chinese Communist Party in their chemical warfare attack into the United States.

00:23:59.360 And then Caroline just said there's increasing activity around Taiwan.

00:24:03.080 People are very serious about that.

00:24:04.940 We've actually forward deployed, I know, some bomber groups over to Diego Garcia, although the ownership of Diego Garcia, I guess, is being worked out right now.

00:24:14.760 And that is in the middle of the Indian Ocean.

00:24:17.100 So those can go anywhere, up to Middle East or to the Pacific.

00:24:21.260 But there's a lot of activity going on.

00:24:22.860 Folks, I don't understand.

00:24:24.360 The Chinese in Carolina, I think you would agree with this since you're in Southeast Asia and see how they roll. 1.00

00:24:29.780 They're not just going to sit there and call President Trump and say, hey, let's have a meeting.

00:24:33.300 I think that's very unlikely.

00:24:35.220 One of the reasons I think it's unlikely, I'm not sure Xi would be the guy in charge of the Chinese Communist Party and the president of China if he did that.

00:24:44.380 He has hardliners just like Putin has hardliners.

00:24:48.120 He has hardliners who are taking a hard line against the United States and see us as their ultimate enemy as we see them as the existential threat to world peace.

00:24:57.340 What's the response of people in Southeast Asia?

00:24:59.840 I take it they can't be too happy with Xi coming next week when possibly they could be in Washington, D.C.

00:25:09.040 meeting with Scott Besant or the trade rep or Peter Navarro trying to cut a deal.

00:25:12.760 Well, they are.

00:25:15.400 But this is I heard a really interesting story yesterday about this is how China comes in and operates in these countries.

00:25:21.100 Someone told me that they're the head of their minerals in their country took a meeting with some folks from China.

00:25:27.200 There was 10 people from the Chinese delegation showed up.

00:25:30.220 Each one of them handed him a business card.

00:25:32.640 Each business card was several ounces of gold with their names each sketched into it.

00:25:37.500 What were they doing?

00:25:38.320 They were handing that man about $30,000 worth of gold, you know, indirectly.

00:25:44.060 And then at the end of the meeting, they said, OK, we're going to come back tomorrow.

00:25:47.580 How many people should we bring?

00:25:49.280 Basically saying, how many people and gold cards should we bring with you to start to bribe you?

00:25:54.240 That is what we're up against in China.

00:25:55.920 They do not play games.

00:25:57.280 The thing about China is that if you bribe someone in a business setting in China, you get executed.

00:26:03.040 If you leave China and go bribe someone in a foreign country on behalf of the CCP, you get a promotion and you get a raise.

00:26:10.380 And so right now we've got to be I mean, see, the CCP is on the march and we are honest brokers in the United States.

00:26:17.180 But right now what we have to the message to these, you know, all of these countries around the world is China is not a smart long term investment for you.

00:26:25.260 The United States is we are more stable.

00:26:27.500 We are a better partner.

00:26:28.600 We are a better partner with trade.

00:26:29.820 We are a better partner with negotiations.

00:26:31.580 China comes in, promise you a bunch of cash in the world. 0.95

00:26:35.120 They never end up paying.

00:26:36.140 They don't pay their taxes and they don't assimilate to your culture. 1.00

00:26:39.920 And so I think that these nations know that, which is evidenced by, you know, 75 plus countries saying, please, Donald Trump, we want to come make a deal with you.

00:26:51.680 Yeah.

00:26:52.180 And there's a process set of now do that.

00:26:54.160 Caroline, where do people follow you on your on your White Lotus tour, ma'am?

00:26:58.840 It is at Caroline Wren on Twitter, Getter and Truth Social.

00:27:05.800 So we just we went from below decks.

00:27:08.100 It was below decks.

00:27:09.140 Now we're now we're in White Lotus season four.

00:27:11.500 Right.

00:27:11.800 It's it's you're like a traveling reality show.

00:27:15.320 Yeah, pretty much.

00:27:20.540 Caroline, thank you.

00:27:21.480 Thank you for reporting.

00:27:22.200 And great.

00:27:22.620 Great call yesterday.

00:27:23.740 Big scoop.

00:27:25.300 Thank you.

00:27:26.380 Short commercial break.

00:27:28.820 Texas Cornyn.

00:27:32.280 John Cornyn came out yesterday.

00:27:33.620 He says some terrible things about Ken Paxson.

00:27:35.400 The fight in Texas is going to be pretty, pretty vicious.

00:27:42.160 The Tennessee Senate primary.

00:27:44.120 Axios already got a big story up how it's how it's MAGA versus another round with the the Bush Junta down the great state of Texas.

00:27:52.800 Patriot Mobile.

00:27:53.680 Glenn Story and the team have been so vital down there.

00:27:56.440 Go to Patriot Mobile.

00:27:58.880 972 Patriot.

00:28:01.040 Check out that company today.

00:28:02.300 Shift over.

00:28:03.480 You know, they're with you.

00:28:04.240 Do the shift today.

00:28:05.400 Short break.

00:28:06.120 Back in a moment.

00:28:12.180 Are you a yo-yo dieter?

00:28:14.840 You diet, lose weight, but gain it all back, plus a few extra pounds for the effort.

00:28:20.160 Then later you lose it again and regain it again and on and on and on.

00:28:24.600 I think I resemble this.

00:28:26.800 It's dangerous.

00:28:27.480 Studies show that you can increase your risk of heart attack, stroke, type 2 diabetes and other health problems.

00:28:33.700 Breaking free of your yo-yo diet pattern is a main reason doctors created Lean.

00:28:39.760 Lean is a supplement, not an injection, and you don't need a prescription.

00:28:44.380 The science behind Lean is impressive.

00:28:47.060 It's studied natural ingredients, target weight loss in three powerful ways.

00:28:51.620 Lean helps maintain healthy blood sugar.

00:28:53.820 It helps control appetite and cravings.

00:28:56.200 And it helps burn fat by converting fat into energy.

00:29:00.760 Listen, if you're tired of losing weight and gaining it back, if you want to lose meaningful weight at a healthy pace, Lean was created for you.

00:29:08.140 Let me get you started with 20% off when you enter Bannon20.

00:29:12.100 That's B-A-N-N-O-N-20 at TakeLean.com. 0.96

00:29:16.300 That's code Bannon20 at TakeLean.com.

00:29:20.720 Bannon20, that's 2-0, at TakeLean.com.

00:29:24.840 Lose it and keep it off.

00:29:27.860 Here's your host, Stephen K. Bannon.

00:29:30.340 We have more on the Texas race this afternoon, maybe tomorrow, but it's already started out pretty vicious.

00:29:43.060 Cornyn already started the smear campaign against Ken Paxson.

00:29:46.280 In Texas, folks, and for the great folks in Texas, this is like the ongoing battle.

00:29:52.360 We've had the impeachment of Paxson, then the trial, which this audience was very involved, making sure that people understood the consequences of voting to convict.

00:30:03.440 You've had the massive, you know, a source trying to turn Texas blue and then purple.

00:30:09.520 And then because of the grassroots and the MAGA movement and President Trump, President Trump won by 14 points.

00:30:15.220 You got Ted Cruz won at nine.

00:30:17.640 These are numbers that are just absolutely blowout numbers.

00:30:21.300 The – but then you had the House situation where the Texas has these great conservatives.

00:30:27.940 We've been down there, and that's why Glenn Sturring, the team at Patriot Mobile and their PAC has been so terrific.

00:30:33.300 I went down and gave talks in Denton County and Tarrant County.

00:30:36.420 It's just been – it's been incredible down there, the level of enthusiasm.

00:30:40.380 And now you're going to have probably for 26, for this cycle, the most intense – although Michigan may be teeing up to be that – the most intense will be Texas.

00:30:50.560 And Cornyn was right.

00:30:52.260 This is going to be over a $100 million fight.

00:30:56.020 But Cornyn, to me, is as bad as they get.

00:30:58.340 I mean, he's just a McConnell-Bush acolyte.

00:31:01.100 He tries to fake it sometimes to make sure people, you know, can say he's a conservative.

00:31:05.860 I just don't see it.

00:31:07.400 Not just a moderate.

00:31:08.540 He's a globalist and always supported the deep state.

00:31:12.640 Ken Paxson is a good man, but that's going to be a tough one.

00:31:14.960 And that's why the people at Patriot Mobile have been so fantastic.

00:31:18.720 Glenn Surin has seen him on all the different issues down there in Texas.

00:31:22.280 And it's not – the service is fantastic.

00:31:24.380 And you get a free month of use, Bannon.

00:31:26.020 But go to 972-PATRIOT, 972-PATRIOT.

00:31:30.260 You can talk to an American citizen at their customer service.

00:31:33.300 Get all the details.

00:31:34.160 Find out how it layers on top of the existing networks and how the service is great.

00:31:40.960 But you will – these are people that support your value.

00:31:43.140 So check it out in Texas.

00:31:44.580 We're going to spend – Axios has a big story today about this.

00:31:48.220 And it's got Charlie Kirk is giving a quote in it that we talked to them and said we're going to be very involved in this thing.

00:31:55.800 And this is like a continuing – this is a continuation of these fights that we've had before.

00:32:01.060 Back to capital markets and particularly gold.

00:32:04.140 I mean at 3144, particularly with the market down, these markets are going to be all over.

00:32:09.020 One of the reasons you've had this reaction this morning is that it is – first of all, that was – some of that yesterday was a short cover.

00:32:15.540 That was historic, 3,000 points.

00:32:17.780 But it's also people are waking up.

00:32:20.040 Stocks soars.

00:32:20.760 Trump presses tariffs.

00:32:21.900 Pause and hits China harder. 0.81

00:32:23.920 The entire thing about the geoeconomic and the geopolitical reset is predicated around China and what our elites have done to basically empower China and make China wealthy at the expense of working-class people in the middle class of the United States.

00:32:41.940 That gets down to the beating heart of it.

00:32:44.200 We've talked about it on the show for years and years and years.

00:32:47.140 We consider this show to be the lead in the effort to back Lao Bajing because the United States and people in the United States can't take down the Chinese Communist Party.

00:32:56.340 Their legitimacy is questioned by their citizens.

00:33:00.120 And Lao Bajing, that's a term of endearment in China.

00:33:03.560 That means old hundred names.

00:33:04.760 There's essentially roughly mythically 100 last names in China.

00:33:09.880 And so old hundred names is what they say is kind of John Q.

00:33:13.380 Public or the little guy, right?

00:33:15.400 He's the guy that everything kind of happens to, but it's on his shoulders that the whole country kind of exists.

00:33:21.280 So it's a term of endearment, Lao Bajing.

00:33:24.880 And it's – only the Lao Bajing can make a decision about who rules them and who governs them.

00:33:30.900 But I will tell you they have no love for the Chinese Communist Party.

00:33:34.080 The Chinese Communist Party is always – is now in a huge crisis internally about legitimacy because even from the founding of the People's Republic of China, it's been very questionable actually how they came to power.

00:33:51.160 They weren't democratically elected.

00:33:53.060 They never opened up to elections.

00:33:54.740 They never opened up to the sovereign will of the people.

00:33:57.140 They took control, and they took control with a bunch of different institutions and people helping them.

00:34:02.840 It was one of the big controversies.

00:34:04.060 It's really what started off the whole situation with McCarthy.

00:34:09.360 This is kind of lost in time.

00:34:11.020 They think it was internal.

00:34:12.000 It didn't start with that.

00:34:13.420 It started in the late 1940s with Time magazine and with others in the – what they called the China hands or people in the United States that were very close to China.

00:34:22.320 The question was who lost China?

00:34:24.480 They had been an ally in World War II.

00:34:26.240 They had taken the brunt of the Japanese Imperial Army on mainland China.

00:34:30.340 They lost tens of millions of people.

00:34:32.300 It was brutal.

00:34:32.800 Some of that was fighting each other.

00:34:34.440 The Chinese were very good at fighting each other and not really fighting the Japanese.

00:34:38.380 But it kind of came as a shock to the basic average American that China turned out to be communist after the war.

00:34:46.180 There was a lot of questions.

00:34:47.140 The Chinese Communist Party has always internally had an issue with their own legitimacy.

00:34:51.580 Juan Xishan and others have led an effort for years about how to do that because they realized they only exist because they've made a Faustian pact with the people of China.

00:35:02.860 We will give you tremendous economic returns and really bring you into the middle class, okay?

00:35:09.620 But at the cost of no political freedom and no real freedom, it's run as essentially a slave labor camp.

00:35:16.760 The elites on Wall Street know that.

00:35:19.400 They knew that in 1989 when Tiananmen happened, that was Bush's first and only term.

00:35:26.700 The Clintons knew it when the Clintons had the Chinese generals coming into the White House with bags of cash.

00:35:31.900 The fix has been in by our governing class, by the investment banks, by the providers of capital to essentially shift capital out of the United States and away from manufacturing to what was essentially a slave labor camp in China. 0.87

00:35:48.600 This has been brewing for years.

00:35:51.100 And Kevin O'Leary gave just a magnificent summary to – on CNN the other night.

00:35:57.140 And it's a good lesson I think for the – and maybe I'll play it later today.

00:36:01.380 It's a good lesson for the war and posse because these are things we talk about if not every day, every other day for years and years and years and particularly the beginning of the show when we started five years ago and we shifted from impeachment to pandemic.

00:36:14.920 Why were we the first people on pandemic?

00:36:17.100 Well, given our knowledge of China, given the relationships we have, we knew immediately this was going to be a huge deal when other people kind of laughed it off.

00:36:25.040 And we also knew it came from Wuhan.

00:36:27.460 There was no doubt about that.

00:36:28.600 Now it's become clearer and clearer and clearer that when President Trump – when President Trump engaged with Bob Lighthizer and Peter Navarro to really negotiate a massive overall deal with the Chinese Communist Party.

00:36:43.460 It was the deal that was the one that had seven different verticals to it, took care of all what we call the original sins, state-owned industries, their currency manipulation, all of it, counterfeiting, everything they've done and also labor practices, the crushing of their own people.

00:36:58.420 So over almost two years of negotiation from 2017, very early because we did in the White House first – the accommodationist won out initially about how to kind of work out something.

00:37:11.660 That took a couple of months, and it came off the trip of Xi coming to Mar-a-Lago, and President Trump was furious when he saw the product.

00:37:20.140 He says, I'm not doing this.

00:37:21.420 This is just more tapping along.

00:37:22.940 And he then empowered Navarro and Bob Lighthizer to kind of work on a deal that took two years with Li He. 0.91

00:37:29.680 In May of 19, that was prepared to be signed.

00:37:32.100 They were prepared to go to final documentations.

00:37:33.980 And the Chinese, understanding they were building this new relationship with Russia in the One Belt, One Road, things were going good. 0.55

00:37:41.200 President Trump was under assault with the Russiagate.

00:37:43.620 This is also what the deep state was trying to do in protection of China.

00:37:48.280 And the Chinese just looked at the last second and said, no, we're not going to do it. 0.98

00:37:52.420 Then shortly thereafter, Xi declared a people's war against the United States.

00:37:57.360 Now, unrestricted warfare, they've been hitting us with psychological, with cyber, with political, with economic for two decades.

00:38:05.240 So when we say this economic war is heated up now, it's just now officially the United States government is going to get engaged.

00:38:13.660 President Trump, that's a hard throwdown.

00:38:16.800 125 percent tariffs, and particularly to single them out, to say, hey, everybody else, I'm going to keep it 10 percent.

00:38:23.940 And 10 percent is huge.

00:38:25.840 Also, if you look at Japan and – or excuse me, but Mexico and Canada, he's got huge tariffs on them, and he's still got the 25 percent tariffs on the automotives coming in here.

00:38:35.600 So people say President Trump's blink is farthest from it.

00:38:38.580 What he's done is set a process to get all the other nations of the earth in here and to kind of figure this out on reciprocity.

00:38:45.580 And they've got something to say about that, and they should.

00:38:48.480 We're not sitting there going, this is it.

00:38:50.060 This is reciprocity.

00:38:50.980 You have to buy into this number if they have arguments about that.

00:38:54.340 You know, Scott Besson, Peter Navarro, President Trump particularly has done enough transactions and deals to understand it.

00:39:00.580 He'll listen.

00:39:01.900 But now we're engaged in it.

00:39:03.320 And if you look at the battlefield, and this is one of the things you try to do here in the war room is make sure you understand that.

00:39:08.560 It should not be lost on you that the vice president, Vance, goes to Greenland, that Pete Heggs that does his first tour as SecDef.

00:39:16.960 He went and obviously gave a speech in Munich.

00:39:19.360 But the first tour he does, he goes to Hawaii, the third island chain.

00:39:22.940 He goes to Guam, the second island chain.

00:39:25.440 He goes to the Philippines and to Japan and talks about army.

00:39:31.020 And the Philippines makes a basic commitment to keep the free navigation of the South China Sea.

00:39:36.280 He's then now in Panama.

00:39:40.200 That clip at the top of the show was as strong as any defense secretary I've said – I've heard.

00:39:46.220 A memorandum of understanding.

00:39:48.400 And it's to basically say, hey, the Panama Canal, we're going to work with the Panamanian government.

00:39:53.040 The Chinese Communist Party is out.

00:39:55.120 You're going to be out.

00:39:55.980 This is what we're going to work with the Panamanian government.

00:39:58.080 But this is going to be an asset controlled by the United States of America.

00:40:00.320 This is why I'm calling for immediately what they should do is set up for Larry Fink to wire the money to Hutchinson-Wampo, to the Panamanian government.

00:40:09.900 Just had the Panamanian government bless the deal.

00:40:13.020 Wire the money to Hutchinson-Wampo because the CCP has stopped the deal to transfer the docks, the management of the docks and the stevedores and all that into Panama Canal from a Chinese company.

00:40:23.900 Does that sound familiar about what they do?

00:40:26.280 Hutchinson-Wampo, one of the most important trading companies in Hong Kong.

00:40:30.320 To transfer that to Larry Fink and BlackRock.

00:40:34.680 That should take place immediately.

00:40:36.700 Also, the Chinese government has said, hey, guess what?

00:40:38.420 We're not going to do a deal on TikTok.

00:40:39.860 Then, I don't know.

00:40:41.800 Maybe we seize the assets in the United States.

00:40:44.100 I think we have to start playing even more hardball with the CCP.

00:40:48.220 They're increasing exercise around Taiwan.

00:40:51.140 This, they are not going to kowtow. 0.75

00:40:54.600 Number one, their senior cadres can't kowtow.

00:40:57.980 If they kowtow to what we wanted today, my strong belief is that they would be removed by certain ultra-nationalist elements in the military and also in the party.

00:41:08.300 Remember, the Chinese Communist Party is run by about five factions.

00:41:12.240 Okay?

00:41:12.580 Five factions that are always – it's Game of Thrones all the time.

00:41:15.740 These five factions, you should understand, are some of the richest people on earth.

00:41:20.820 They are richer.

00:41:22.240 They have more wealth and stolen more wealth from the Chinese people than like the monarchies in the Gulf Emirates, particularly Saudi Arabia. 0.79

00:41:34.660 The Chinese Communist Party senior cadre personnel is some of the wealthiest in the world.

00:41:39.820 The other I recommend, and I understand President Trump is not for this.

00:41:43.960 President Trump very much wants the American universities to educate foreign students and bring the best embrace here.

00:41:50.760 I fully understand that.

00:41:52.620 His thinking on this is very sharp and very dug in.

00:41:56.420 He's kind of immovable on this, although I recommend, given everything that's going on and the commitment that the Chinese students – not their fault.

00:42:05.600 They have to make a commitment to the Chinese government and essentially to their intelligence services to do a monthly update where they're here as an exchange student.

00:42:13.440 I think it's just better for this moment in time of what's going on with us vis-a-vis the Chinese government that we immediately revoke all 350,000, which I believe the number is – does that number shock you?

00:42:28.720 Revoke the student visas immediately, get them on a plane and get them out of here, and allow all American students to fill those billets immediately, those student billets a lot, and some of the best universities in the country. 0.81

00:42:42.940 So I strongly recommend we do that as we're going to have to go to other measures here besides just the tariffs because the Chinese Communist Party is not going to bend the knee.

00:42:52.620 As Carolyn Wren just said yesterday at ASEAN, they were telling people, don't go to the United States, do not go to the United States, do not engage in this process.

00:43:01.140 Now they're actually saying, hey, next week we're showing up, so be there.

00:43:05.080 Don't be in Washington, D.C.

00:43:07.260 Short commercial break.

00:43:09.040 We're going to leave you with Take Down the CCP, the great anthem from Miles Guo.

00:43:13.420 We're going to be back in the warm in just a moment.

00:43:14.860 Take Down the CCP

00:43:16.760 Spread the word all through Hong Kong

00:43:19.840 We will fight till they're all gone

00:43:22.560 We rejoice when there's no more

00:43:24.860 Let's take Down the CCP

00:43:26.800 What if he had the brightest mind in the war room delivering critical financial research every month?

00:43:33.340 Steve Bannon here.

00:43:34.460 War Room listeners know Jim Rickards.

00:43:36.140 I love this guy.

00:43:37.600 He's our wise man.

00:43:38.580 A former CIA, Pentagon, and White House advisor with an unmatched grasp of geopolitics and capital markets.

00:43:44.700 Jim predicted Trump's Electoral College victory exactly 312 to 226.

00:43:50.800 Down to the actual number itself.

00:43:54.600 Now he's issuing a dire warning about April 11th, a moment that could define Trump's presidency in your financial future.

00:44:02.180 His latest book, Money GPT, exposes how AI is setting the stage for financial chaos, bank runs at lightning speeds, algorithm-driven crashes, and even threats to national security.

00:44:13.660 Right now, War Room members get a free copy of Money GPT when they sign up for Strategic Intelligence.

00:44:20.440 This is Jim's flagship financial newsletter, Strategic Intelligence.

00:44:25.240 I read it.

00:44:26.300 You should read it.

00:44:27.420 Time is running out.

00:44:28.280 Go to RickardsWarRoom.com.

00:44:30.120 That's all one word.

00:44:31.040 Rickards War Room.

00:44:32.020 Rickards with an S.

00:44:33.480 Go now and claim your free book.

00:44:35.900 That's RickardsWarRoom.com.

00:44:38.300 Do it today.

00:44:39.040 Here's your host, Stephen K.

00:44:42.460 Band.

00:44:47.080 Okay.

00:44:49.400 Markets are all over today, and a lot of turmoil is going to be like that.

00:44:53.440 The reason is this, that the – and Asian had a good night overnight, and particularly Japan and Europe had a good day, not a bad day.

00:45:03.540 Very turbulent U.S. markets, and the headline right there, hits China harder.

00:45:07.200 This is the game, and Chinese – and anybody associated with President Trump that's telling him that the Chinese are going to kowtow immediately, hey, maybe they do, and that would be monumental, and I'd be the first to say, good on you. 1.00

00:45:19.540 I love it.

00:45:21.060 This – what President Trump has done is brilliant.

00:45:23.920 He's going to isolate the Chinese Communist Party.

00:45:25.700 And you see now, Caroline Wren yesterday from Kuala Lumpur, today from Jakarta.

00:45:32.200 The Chinese Communist Party is all over trying to get people to turn on the United States, and they're going to be making – she's going to be making personal visits. 0.63

00:45:39.620 And remember, the head of China does not travel easily.

00:45:45.080 He doesn't show up on places randomly.

00:45:47.280 There's always a purpose.

00:45:48.080 It's the predatory capitalism that's kind of the British East India Company model that they've done in reverse is very, very powerful, very, very powerful for the one belt, one road.

00:45:57.560 Virtually all the countries that took it regret it because the projects are not finished or they didn't turn out like they thought they were, and now they own the debt.

00:46:05.720 And so you've had kind of elite capture with predatory capitalism just like the Brits used to do it using the British East India Company, and it's worked out terribly for the countries that took the money.

00:46:19.540 That's why gold is now over 31 – it's 3,144, still close to it.

00:46:24.020 Explosive, explosive growth in that.

00:46:27.440 Over the last 25 years, gold has actually outperformed the S&P 500.

00:46:31.960 That is the guy from Bloomberg that said that last week, which is extraordinary.

00:46:36.760 You don't need to know the price of gold.

00:46:38.160 You need to know the driving factors behind it.

00:46:41.120 That's why go to Birch Gold Day.

00:46:42.280 Easiest way to do it to start off, just take your phone out and text Bannon, B-A-N-N-O-N, 989898, and ask for – and get the ultimate guide for investing in gold and precious metals in the era of Trump.

00:46:55.240 I think it's a good place to start.

00:46:56.300 Very accessible, and it puts you in contact with Philip Patrick's entire team over at Birch Gold.

00:47:00.520 So that's what you ought to do.

00:47:02.260 Get some pattern recognition here, folks, because it's going to be turbulent for a while, that I can tell you, in this turbulence.

00:47:10.360 Natalie Dominguez, by the way, the response on the Triple Lock, on the Million Dollar Triple Lock protection offer, program, has been extraordinary.

00:47:19.840 Natalie, tell us about it.

00:47:20.880 Awesome.

00:47:22.520 Yeah, so, you know, normally we talk about news stories, and I know we've talked about squatters in the past, but I wanted to bring up this story because I just found it to be incredibly wild.

00:47:31.220 A woman in Florida has done this to two homes. 1.00

00:47:34.320 Always befriend your neighbors, guys.

00:47:36.140 There's homeowners that split their time between Florida and Texas.

00:47:39.360 They find out a woman was squatting because their neighbor called it in.

00:47:44.560 Police show up at the door. 0.98

00:47:45.980 This woman says to the police, finders, keepers, losers, weepers. 1.00

00:47:50.100 This is on record with the court case. 0.94

00:47:52.700 It's wild.

00:47:53.780 But what happened was she had gone into the home, started squatting, and then presented a quick claim deed to the police saying, nope, I own this home now. 0.99

00:48:01.440 Luckily, when they researched the record, it hadn't actually been filed properly with the county, so the county hadn't accepted it, but she had filed it.

00:48:11.620 And this is, like, just the wildest thing to me.

00:48:14.300 One, she told the police that she had seen other people doing this to properties, and that's what gave her the idea to do it, was going in and essentially squatting and then filing the quick claim deed and then taking over the property.

00:48:27.800 And she said, I was going to take care of it.

00:48:30.240 And it just, the mentality of this is crazy.

00:48:33.480 The part that killed me the most was that the state attorney came out afterwards, and I quote, said, although the deeds were not accepted by the clerk of court in this case, if it had been, excuse me, there would have been drastic and expensive consequences for the homeowner.

00:48:47.260 This is the state attorney.

00:48:48.720 And then continues to say that the homeowners can easily protect themselves against this crime through monitoring systems.

00:48:55.500 So basically, this is what I'm hearing.

00:48:57.540 It would have been devastating for the homeowners, but homeowners can protect themselves.

00:49:02.560 But the only thing that stood between this woman and owning this person's home was that she didn't fill out part of the transfer document properly.

00:49:09.500 There's no, there's nothing set up at the county side that would have stopped them from taking it other than maybe a signature or an address not filled out.

00:49:16.520 So that's wild to me.

00:49:18.520 I don't know.

00:49:19.040 What do you think, Steve?

00:49:19.800 Is the story crazy or just me?

00:49:21.300 No, here's – now I'm glad I got home title luck.

00:49:25.600 You're telling me that the squatter could just go down to the county, fill a quick claim deed, nobody does any checkings, that it might have slipped through if it wasn't for some technicality.

00:49:37.000 And then the owner – and the state attorney says then the owner is going to have a long fight.

00:49:42.180 First of all, somebody else is in your property, which is bad enough, but you're going to have a long fight paying lawyers to dig them out of there.

00:49:47.600 And maybe it might be some small possibility that that doesn't work and they take the home.

00:49:51.840 Is that the reality?

00:49:54.660 Yep, absolutely.

00:49:55.760 And I know you guys have had Matt Cox on, the criminal that did this like 20 years ago and went to prison for over a decade.

00:50:01.380 He said that's something he used to do.

00:50:02.580 He would go and he would actually rent a property, be in the property for a little bit, and then get all the information he needed and then file the quick claim deed and then go take out all the equity.

00:50:11.380 So, you know, that's why we built our million-dollar protection the way that we did.

00:50:15.240 We're not just monitoring and alerts.

00:50:17.600 Like, yes, some of these counties have free alert systems, but what they don't do is help you after the fact.

00:50:23.640 They're like, okay, go get a lawyer.

00:50:25.240 Our restoration is the most important part of our million-dollar triple-lock protection.

00:50:28.860 We have built a network of legal experts across the U.S.

00:50:32.420 No matter what jurisdiction you're in, whatever we're dealing with, we're prepared, knowledgeable, and ready at a moment's notice to fight for these homeowners.

00:50:39.560 The last thing that you want is someone living in your house while you're fighting a two-year-long legal battle.

00:50:43.420 So you can go to HometitleLock.com, use the promo code STEVE.

00:50:46.700 You're going to get a 14-day free trial and a title history report to make sure that you are not already a victim.

00:50:52.740 This is the most important thing that you guys can do today, especially in this uncertain, you know, the market.

00:50:58.040 Everything that's going on with homes right now, make sure that you're not in a legal battle for the next two years trying to figure your stuff out.

00:51:04.600 HometitleLock.com, promo code STEVE.

00:51:09.440 HometitleLock.com, promo code STEVE.

00:51:10.980 Do it today.

00:51:11.780 Don't want one of these horror stories because if this happens, you're not going to be on the ramparts.

00:51:16.240 And Mike Davis is about to join us to tell you exactly the impact that you have had this audience.

00:51:21.400 Natalie, HometitleLock.com slash Steve, 14-day free, and you get a check right away, a checkup right away.

00:51:28.700 Natalie, great work.

00:51:29.800 Love this new program.

00:51:32.080 Thank you, ma'am.

00:51:32.660 Thanks, Steve.

00:51:32.840 Have a great one.

00:51:33.620 The head of education services at HometitleLock.

00:51:36.720 She's fantastic.

00:51:37.720 Just done a fabulous job.

00:51:38.740 Next hour, Mike Davis on the – Supreme Court's now come in, I don't know, five or six times.

00:51:44.680 You know why?

00:51:45.480 You, the audience.

00:51:46.980 You gave them a wake-up call with your calls and your emails and your text messages.

00:51:51.000 Mike Davis to give us a battlefield report.

00:51:53.440 Raheem Kassam is just back from Panama.

00:51:55.560 The great Bill Gertz from The Washington Times, the most dialed-in reporter about the Chinese Communist Party in the great war before us.

00:52:05.700 And then E.J. and Tony, unbelievable economic numbers on inflation.

00:52:09.540 All of that and constant updates.

00:52:12.300 What's happening on the Hill?

00:52:14.260 Going to leave you with the right stuff.

00:52:15.840 We're back in two minutes.

00:52:17.440 See you back here in the War Room.

00:52:25.560 We're back in two minutes.

00:52:55.540 Bank levies, even property seizures are all on the table.

00:53:00.180 You need to get ahead of this.

00:53:01.900 You need to get ahead of it today.

00:53:04.240 But going up against the IRS alone is a big-time mistake.

00:53:07.620 Take my advice.

00:53:08.400 Call the experts at Tax Network USA.

00:53:10.600 They know the system.

00:53:13.200 They have an edge, a preferred direct line to the IRS.

00:53:16.920 They know which agents to deal with and which ones to avoid.

00:53:20.200 Whether you owe $10,000 or $10 million, their genius strategies are designed to quickly settle your tax problems in your favor.

00:53:30.460 Tax Network USA's attorneys and negotiators have already resolved over $1 billion in tax debt.

00:53:36.640 Let me repeat that.

00:53:38.180 They've already resolved over $1 billion in tax debt.

00:53:42.840 Tax Network USA can help you, too.

00:53:45.700 But you need to move.

00:53:46.680 You need to move fast because April 15th is already here.

00:53:50.120 Remember, if you get that letter, don't put it in the drawer.

00:53:52.340 It just metastasizes.

00:53:54.260 Talk with one of our strategists today.

00:53:57.960 It's totally free.

00:53:59.620 Stop looking over your shoulder.

00:54:01.520 Stop the anxiety.

00:54:03.120 Stop the worry.

00:54:03.960 Put it all behind you.

00:54:04.920 Call Tax Network USA at 1-800-958-1000.

00:54:10.200 That's 800-958-1000.

00:54:13.000 Or visit tnusa.com slash Bannon.

00:54:16.480 That's Tax Network USA.

00:54:19.020 Go to tnusa.com slash Bannon.

00:54:21.960 I'm really trying to fill this gap with quality supplements.

00:54:26.720 And, of course, the beef liver being our flagship product.

00:54:29.800 For those who don't know, beef liver is loaded with highly bioavailable ingredients such as

00:54:34.760 vitamin A, B12, zinc, CoQ10, et cetera.

00:54:39.320 And because it is 100% grass-fed and natural, your body is able to absorb these nutrients

00:54:45.200 far better than taking any other synthetic multivitamin or any other synthetic vitamin in general.

00:54:51.260 So, we have some other amazing products, but if you'd like to check us out, you can go

00:54:55.400 to sacredhumanhealth.com and cheers to your health.

00:54:59.240 700,000 Americans every year.

00:55:02.220 Yes, heart disease is the number one killer every year, year in and year out.

00:55:06.040 Heart disease builds over time.

00:55:08.140 Hypertension, high blood pressure, bad cholesterol, diabetes, all of it affects our heart.

00:55:13.340 A healthy heart is key to being energetic as we get older.

00:55:17.420 It is never too early to take care of your heart.

00:55:22.040 You see, heart disease sneaks up on us.

00:55:24.100 You can start in your 30s, and when this happens, you're at serious risk by the time you turn 60.

00:55:27.780 If you want to take care of your heart and those you care about, please go to warroomhealth.com.

00:55:34.320 That's warroomhealth.com.

00:55:36.960 All one word, warroomhealth.com.

00:55:39.520 Use the code WARROOM at checkout to save 67% of your first shipment.

00:55:44.180 That's code WARROOM at checkout to save 67%.

00:55:47.300 Do it again.

00:55:48.740 Warroomhealth, all one word, warroomhealth.com.

00:55:52.100 Go there today.

00:55:53.620 You need, if you're going to be part of the posse, you need a strong heart.

00:55:56.640 You need a lion's heart.

00:55:58.380 How we're going to do that is with Salty.

00:56:00.780 Go there.

00:56:01.340 Do it today.

00:56:01.960 Check it out.

00:56:02.400 How we're going to do that is with Salty.

00:56:03.140 Check it out.

00:56:04.000 E angle me.

Bannon's War Room - April 10, 2025

Episode 4402： The Multifront War On The Devaluation Of The American Dollar

Episode Stats

Summary

Transcript