Bannon's War Room - April 12, 2025


Episode 4408： DOJ Sued Over Epstein Files; Iran Nuclear Talks


Episode Stats


Length

55 minutes

Words per minute

165.6133

Word count

9,215

Sentence count

760

Harmful content

Misogyny

6

sentences flagged

Hate speech

14

sentences flagged


Summary

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

A tie between Democrats and Republicans on the question of which party cares more about the needs of people like you, a question that has been a Democratic advantage for decades. What does this mean for the midterms and the fight for control of Congress?

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 This, to me, is one of the most shocking pieces of poll data that I truly, truthfully have
00:00:04.720 seen this year, or maybe in any prior year.
00:00:06.660 Really?
00:00:07.440 Yes, really, because I want you to take a look.
00:00:09.620 Cares more about the needs for people like you.
00:00:11.880 You mentioned the Cape Wall, and we got a tie, even after this tariff war had already
00:00:15.540 started, split between Democrats and Republicans on how people feel, which party cares more
00:00:21.300 for needs of people like you.
00:00:22.340 And why is that so surprising?
00:00:23.900 Because I want you to take a look at prior years.
00:00:26.200 Democrats always lead on this question.
00:00:28.800 Back in 2017, before the 2018 midterms, 13-point lead.
00:00:32.500 2005, a 23-point lead for Democrats.
00:00:34.880 1994, which was a big Republican year, a 19-point lead for Democrats.
00:00:38.780 And now, all of a sudden, a tie?
00:00:41.060 All of a sudden, the Democrats, who are the party of the people, no more, no more.
00:00:46.300 We get a tie on this question, on a question that has traditionally overwhelmingly been a
00:00:51.180 Democratic advantage for party, which party cares more for the needs of people like you.
00:00:56.040 It's truly something I would not have expected to see, especially after this tariff war had begun.
00:01:02.180 Where does it show that Republicans are making the most gains?
00:01:05.460 Yeah.
00:01:05.660 Again, you talk about party of the people.
00:01:08.320 Look at this.
00:01:08.800 Cares for the needs of people like yourself.
00:01:13.040 Look here.
00:01:13.440 We got non-college.
00:01:14.580 We got those with a college degree.
00:01:16.220 Among those with a college degree, it's the same score.
00:01:19.120 Plus 18 points for Democrats in 2017.
00:01:21.980 Plus 18 points for Democrats now.
00:01:24.580 But look among non-college voters.
00:01:26.180 Look here.
00:01:27.000 It was plus 7 for Democrats in 2017.
00:01:29.340 And now Republicans have overwhelmingly gained, plus 9 points.
00:01:34.340 That is, the gains have been concentrated, at least within the last decade, among voters without a college degree.
00:01:40.140 The working class.
00:01:41.260 That is where Republicans have gained, even since the beginning of the Donald Trump administration.
00:01:46.160 The Democratic base is now those with a college degree.
00:01:49.500 Among the working class, those without a college degree, Republicans have overwhelmingly gained on this all-important question 0.98
00:01:55.400 of which party cares more for people like yourself.
00:01:59.480 Your reference points are, as you were pointing out, just before a midterm election.
00:02:03.660 So obviously, let's kind of look at that.
00:02:06.280 Where do things stand for the fight for Congress?
00:02:08.320 Right.
00:02:08.660 Okay.
00:02:08.940 So you have this question, right?
00:02:10.300 And then there's the question, ultimately, are Republicans going to get punished in this midterm election,
00:02:15.100 in part because that's normally what happens, the party in power gets punished,
00:02:18.280 but also because of this tariff war?
00:02:20.480 And I want you to take a look here at the generic congressional ballot.
00:02:22.820 Where we were in April of 2017, Democrats were already ahead by seven points.
00:02:26.960 In November of 2024, on this question, it was a tie, and then, of course, Republicans won control.
00:02:31.660 Where are we now?
00:02:32.620 It's Democrats.
00:02:33.660 But just by a point, this looks very much still like what we saw in 2024, not like what we saw in 2017.
00:02:40.540 If Democrats think they automatically have a ticket back to control of the House, I'd say, hold on a second.
00:02:45.800 Republicans still have a real shot at this, despite all of Trump's theatrics over the last month with this tariff war.
00:02:51.880 There really is interesting information coming out in this that you're pulling out.
00:02:55.560 Thank you, Harry.
00:02:56.140 Thank you.
00:02:56.640 I think it's interesting.
00:02:58.200 K-degrees. 0.98
00:02:59.280 For once.
00:02:59.840 For once.
00:03:00.540 You know, we are watching autocracy.
00:03:04.380 We are watching an autocrat try to take over the government.
00:03:08.200 And there's a reason that they're targeting grad students, people who've written op-eds, people who have political views.
00:03:14.700 They don't like judges.
00:03:16.120 I mean, this is a war on speech.
00:03:18.980 And it is, I think, the closest to McCarthyism, right?
00:03:22.400 Because I think so much about my grandfather, who was jailed during McCarthy and blacklisted.
00:03:27.000 And it really is.
00:03:28.300 It's a war on the elites and the academics and the journalist group.
00:03:34.180 And it really is this sort of, you know, and they are hoping by deporting the grad students, what they're doing is trying, you know, they're trying to get to the people who are like that J.P. Morgan analyst.
00:03:45.880 This is the primal scream of a dying regime.
00:03:53.920 Pray for our enemies.
00:03:55.880 Because we're going medieval on these people.
00:03:59.120 I got a free shot at all these networks lying about the people.
00:04:03.400 The people have had a belly full of it.
00:04:05.380 I know you don't like hearing that.
00:04:06.800 I know you've tried to do everything in the world to stop that, but you're not going to stop it.
00:04:09.480 It's going to happen.
00:04:10.760 And where do people like that go to share the big line?
00:04:14.140 MAGA Media.
00:04:15.040 I wish in my soul, I wish that any of these people had a conscience.
00:04:20.920 Ask yourself, what is my task and what is my purpose?
00:04:24.700 If that answer is to save my country, this country will be saved.
00:04:30.960 War Room.
00:04:31.880 Here's your host, Stephen K. Mann.
00:04:40.820 Saturday, 12 April, year of early, 2025.
00:04:43.320 We were going to spend this morning breaking down what went on last night in L.A. on the Bill Maher show.
00:04:52.660 Bill Maher's explanation of walking through with President Trump.
00:04:55.560 The dinner he had at the White House and then my interview and then afterwards some of the comments I made in the after show.
00:05:01.800 But we don't have time.
00:05:03.020 We have too much news today.
00:05:04.580 We are packed wall to wall from about China and Iran, polling, economics, the bond market, and maybe some bad news about big tech for the populace.
00:05:15.800 We weren't getting to all that, but I've got to start with important breaking news from one of the most important people in our movement, Tom Fenton.
00:05:22.300 Tom Fenton, Tom Fenton for years.
00:05:24.740 I would like to say we fought side by side, and I made a great film about Tom Fenton and his efforts back during the Obama years.
00:05:32.940 But, Tom, nobody really fought your side because you were ahead of all of us running the People's Justice Department.
00:05:38.360 I'm kind of shocked when I get back at literally 5 a.m. to do the show from L.A., having driven all night, and I find that Tom Fenton is suing President Trump's Justice Department and his attorney general.
00:05:57.720 Why would Tom Fenton do that?
00:05:59.420 This is what you did for eight years against Eric Holder.
00:06:03.140 Why are you doing this?
00:06:05.160 What has caused you to do this now, sir?
00:06:08.360 Well, we sued under the FOIA for the Epstein records.
00:06:12.640 They were supposed to be released.
00:06:14.980 There was a great controversy in the process of the release initially by Pam Bondi's team.
00:06:22.580 And we're like, what's going on here?
00:06:24.580 Where are the records?
00:06:25.740 What records generally are out there?
00:06:28.600 What are being withheld?
00:06:30.200 Where are you looking?
00:06:31.960 What happened with this initial release?
00:06:33.860 Was there obstruction?
00:06:35.560 Who did it?
00:06:36.220 And that's what we do.
00:06:38.360 You know, I dare to say we sued the Trump administration pretty much more than anyone else first time around.
00:06:44.980 And we'll sue the Trump administration a lot this time around really to get to the truth about the corruption that must be overcome by President Trump himself and his appointees while holding his appointees accountable for doing it.
00:06:58.980 But hang on.
00:07:00.980 You sued, because I was there, you sued the Trump administration the first time because, let's be honest, we didn't have this unitary theory of the executive stepping into his Article II powers, that he is the chief magistrate and the chief law enforcement officer.
00:07:17.920 Or this whole Watergate, all this Watergate nonsense is broken.
00:07:21.800 You sued it because the deep state ran the Justice Department.
00:07:25.860 And Jeff Sessions, as good a man as he was, was just not up to the task to take it on.
00:07:31.120 And the people that Jeff put in there and others put in there were worse than some of the Obama guys.
00:07:37.480 I mean, the Justice Department in the first term worked against President Trump, and that's why you were suing him every day.
00:07:43.960 I thought we solved that problem.
00:07:45.520 I thought the four years that we took to do, you know, Stephen Miller's America First Law, you know, Russ Vogt's Center for Renewing America, you got Paoletta and Jeff Clark over there.
00:07:56.740 You know, Brooke Rollins' America First Policy Institute, the Project 2025, I thought the top, and the top priority for President Trump, and excuse me if I'm wrong, Tom Fenton, was we got to clean out, we got to, we got to clean out the rat's nest that is the Justice Department, because that infects, that's the kind of the linchpin with the CIA of how the deep state works.
00:08:18.380 So what's happened here, brother?
00:08:20.000 You know, at best, you've got a group of individuals at the top level, and they fired some people, but not nearly enough, and there's going to have to be pressure from the outside to get them to focus on why they were put in power to begin with by President Trump and then, obviously, the election initially of President Trump.
00:08:46.480 And there are a lot of things going on in the Justice Department, and maybe I'm being too charitable, Steve, but this lawsuit will help them focus on what needs to be done.
00:08:57.560 And there are many other, you know, we have 190 lawsuits on FOIA, more or less, more, I think it's, yeah, it's almost 190.
00:09:05.100 And we got to get answers.
00:09:07.680 We can't wait.
00:09:09.680 You know, there's a significant public interest in the Epstein matter.
00:09:13.320 To me, it's kind of an indicia of whether the Justice Department is serious about this.
00:09:19.520 And, frankly, we want, obviously, the client list.
00:09:21.980 I want to know the circumstances of his death, too.
00:09:25.680 But we didn't just say give us the client list.
00:09:27.880 We said give us records about Epstein.
00:09:31.460 And we also want records about the Epstein records to get in the way of the release of the Epstein records just two months ago.
00:09:38.760 Yes, when they put out the other thing that people had seen before.
00:09:44.620 On the antitrust side, I mean, Monday, I think it's the FTC.
00:09:49.020 So President Trump's antitrust efforts with Gail Slater and the people of justice are going gangbusters.
00:09:55.300 The FTC, FCC, so the deconstruction administrative state and the taking on of this concentrated corporate power is unparalleled to how they're going after it.
00:10:05.840 But your other things besides the investigations on the voter fraud, just everything.
00:10:12.980 You know, you have Tulsi Gabbard mention something, D&I.
00:10:18.180 The question is, on the core investigations of what has to happen, walk me through your punch list of what we have to do,
00:10:24.820 because I don't think people feel anything's happening there.
00:10:26.980 We need to investigate, prosecute, and defang the FBI and the Justice Department.
00:10:37.100 Can they do that internally?
00:10:38.420 As I discussed previously with you, I'm doubtful.
00:10:41.940 Frankly, after four—to me, what the FBI and Justice Department did was they almost destroyed our Constitutional Republic,
00:10:49.060 not 10 years ago, not five years ago, but four months ago, five months ago.
00:10:56.420 It was going on up until and, frankly, through the election.
00:11:01.740 And there's got to be accountability, and we need to protect ourselves from ever happening that again, that ever happening again.
00:11:08.040 And I kind of go back to—obviously, they're not the Japanese during the war.
00:11:15.560 But what happened after the war in Japan was the Japanese system, they were completely knocked out,
00:11:27.440 unable to, even if they wanted to, do what they did in World War II again.
00:11:32.980 That's got to be the approach of the FBI and Justice Department.
00:11:36.680 They need to be husks of their former selves in terms of having the ability to jail a former president on a pretext and put his life in danger.
00:11:51.520 And that needs to be the approach.
00:11:53.480 That needs to be the emergency.
00:11:55.220 It's an emergency.
00:11:56.460 And what bugs me, Steve, is I've had, you know, the FBI engage in an information operation against me and others who had, relatively speaking,
00:12:07.060 at least from my perspective, a mild complaint about a guy who probably shouldn't be in a senior position in the FBI being put in that position
00:12:15.020 because of his background pushing this J-6 fake narrative.
00:12:19.520 And they spent more time trying to undermine the point I was making there, and I heard pushback from all sorts of ways indirectly from the FBI,
00:12:32.240 than I perceive that they've done to investigate the issues I'm talking about.
00:12:35.720 I wish they would spend as much energy at least providing public leadership on these issues.
00:12:43.500 Maybe you do things privately.
00:12:44.800 I don't know.
00:12:45.220 That's, to me, just smoke and mirrors.
00:12:49.180 But how about the public leadership on it?
00:12:53.340 When's the last time we've heard anyone at the leadership of FBI or DOJ say anything about lawfare?
00:13:03.640 Tom, you've called last week in the show for a special prosecutor to be—for the president to set it up in the White House
00:13:12.600 and a report directly to the office of the president in the president of the United States.
00:13:16.400 Do you still stand by that?
00:13:17.580 Are you still calling for that?
00:13:19.660 Yes.
00:13:20.240 And that prosecutor can be staffed by other federal law enforcement outside the FBI.
00:13:27.040 He can use some expertise within the Justice Department.
00:13:30.140 But it should be an all-hands-on-deck approach from federal law enforcement and not the FBI and not the Justice Department,
00:13:38.360 because they have to be the subject of these investigations.
00:13:42.440 And, you know, there's this Washington way of saying, of course, you know, we'll just have a special counsel.
00:13:48.420 No, no, no, no.
00:13:49.260 The president has this prerogative exercised by other presidents to hire and fire prosecutors, and he should use it.
00:13:57.320 That's what the—the Constitution, in my view, he has a positive obligation to get this done.
00:14:03.900 And, you know, and you might like Pam Bondi, and she may be doing good work,
00:14:09.540 and Kash Patel, he may be doing good work on a whole host of issues.
00:14:12.640 But structurally, he needs to put in place something better than the FBI and the Justice Department to address the threat to the republic.
00:14:23.620 Tom, hang on for one second.
00:14:25.100 I mean, you can through this directly.
00:14:27.680 I give you my answer.
00:14:30.780 Let's take a short commercial break.
00:14:32.100 I want to hold you, because this is important enough, and Kash is our guy in Pam Bondi.
00:14:38.480 Tremendous.
00:14:39.840 But there's something—time.
00:14:41.780 We are burning daylight.
00:14:44.280 We're burning daylight.
00:14:46.160 Tom Fenton.
00:14:49.500 The amazing Tom Fenton.
00:14:51.420 Short commercial break.
00:14:52.900 We're going to turn the worm in just a moment.
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00:16:20.780 Do it.
00:16:22.220 Do it today.
00:16:23.560 Use your agency.
00:16:24.820 Action.
00:16:25.520 Action.
00:16:26.060 Action.
00:16:26.300 You know, we are watching autocracy.
00:16:30.520 We are watching an autocrat try to take over the government.
00:16:34.340 And there's a reason that they're targeting grad students, people who've written op-eds, people who have political views.
00:16:40.920 They don't like judges.
00:16:42.440 I mean, this is a war on speaking.
00:16:48.220 I'll play it again later.
00:16:49.320 Her grandfather was Howard Fast that wrote Spartacus and many others.
00:16:55.220 And I believe was blackballed in Hollywood, did not go to prison.
00:16:59.100 I don't think like Ring Lardner, who preceded me at Danbury.
00:17:03.560 He went for the same thing, contempt of Congress.
00:17:06.280 Back then, it was a felony, not a misdemeanor.
00:17:09.260 Tom Fenton, this is incredibly important.
00:17:12.400 It's not just about the Epstein files or other things.
00:17:15.800 You've got to pull the camera back.
00:17:17.820 And I want you to repeat it.
00:17:19.020 The FBI and the DOJ came that close within a micro millimeter of jailing President Trump.
00:17:30.240 And not just me and Navarro.
00:17:32.660 I'm talking about others.
00:17:33.540 But jailing President Trump for 20 or 30 years for nothing.
00:17:38.360 Totally made up.
00:17:39.180 This thing stinks to high heaven.
00:17:40.480 And I 100 percent – and it's kind of sad you had to come back a week after you were on here the first time.
00:17:46.960 We need immediately a special counsel designated by the president to report to the president as the chief magistrate and chief law enforcement officer.
00:17:56.580 Heck, we're going to force – you're forcing it in the Supreme Court every day being the chief – you know, the three powers of the unitary theory of the executive.
00:18:03.500 Or as the engine room keeps telling me, it's called Article 2, Steve.
00:18:07.760 Okay, his Article 2 powers as chief executive, commander-in-chief, and the chief law enforcement officer of the United States, which every night on TV and MSNBC is the one that they fear the most, right?
00:18:19.600 It's time now to follow what Tom Fenton said.
00:18:22.340 And it's not that Tom Fenton just wandered in and as some donor has stroked a check and said, hey, I think this – Tom Fenton's been in these trenches for 15-plus years.
00:18:31.200 If it was not for Tom Fenton, the Obama administration would have been 10 times more out of control than it was.
00:18:39.220 So, Tom, once again, what is your – I just want the audience to know we're not picking on Cash and Pam.
00:18:45.540 We love Cash and Pam, but it's obvious running those institutions is a full-time job.
00:18:50.880 This is why they took ATF away from Cash.
00:18:53.540 It wasn't that he was doing a bad job.
00:18:55.000 His play is full just running it.
00:18:56.960 Pam's is obviously full with DOJ.
00:19:00.200 DOJ, but these have to be investigated.
00:19:02.720 We have to do it now.
00:19:03.980 We're burning daylight.
00:19:04.860 It's got to go.
00:19:05.660 So, what is your recommendation?
00:19:06.920 What's your justification?
00:19:08.800 Well, there are a few other issues here.
00:19:10.600 It's like, you know, Kristi Noem, for example, she's got control of the border, right?
00:19:16.560 So, a country's got to get control of the border.
00:19:18.480 The people have got to get control of the border in order to have a country that you can actually call an Asian state.
00:19:24.200 You also need to get control of the administrative state.
00:19:28.400 And what Fast was saying earlier at MSNBC, it's the complete opposite.
00:19:34.860 Political control of the administrative state has got to be job number one, two, or three for President Trump.
00:19:41.480 And he's made significant strides there.
00:19:43.220 And in order to achieve that, which really ultimately is democracy, right, the people control the bureaucracy, not the other way around.
00:19:54.320 The bureaucracies need to be controllable in terms of budget and size.
00:19:59.820 And let's stop pretending that the FBI is controllable in terms of budget and size.
00:20:04.400 Let's stop pretending DOJ is controllable in terms of budget and size.
00:20:08.340 So, there needs to be, A, a DOJ approach to both agencies, and there needs to be an approach treating them like Department of Education and DOJ.
00:20:19.360 I'd be happy having Lyndon McMahon go over there, because she's been doing this over at the Education Department.
00:20:25.460 They already have people who have kind of gone through this process internally in terms of managing the decimation of these out-of-control agencies in a way that protects the republic.
00:20:36.740 And in terms of the lawfare, there's got to be accountability for it.
00:20:41.280 Because otherwise, I don't think you're going to—I'm not worried about Democrats coming in and these agencies getting out of control and abusing.
00:20:49.340 I'm worried about anyone getting back in.
00:20:52.360 Remember, Trump was almost jailed during the Trump administration.
00:20:56.300 So, it's not a question of the partisan president or the partisan nature of the president or the party of the president.
00:21:07.120 It's a question of, are these agencies subject to the rule of law?
00:21:11.340 There's no evidence the FBI thinks it's subject to the rule of law.
00:21:14.420 And the DOJ was an absolute threat and defends everything—but people don't understand.
00:21:23.080 The Justice Department defends everything lawless in the government, in the federal government.
00:21:26.960 That's their job.
00:21:28.440 Anytime you have a complaint about what the government does, you can always count the DOJ to be there to defend it.
00:21:33.760 So, there's got to be kind of an understanding of what's happening here.
00:21:40.380 And I think Trump understands it.
00:21:42.480 But he's got a lot of things on his plate.
00:21:44.220 And this is where Kash Patel and Pam Bondi need to take a much more aggressive and expansive understanding—and have an expansive understanding in the greater—in this great history of the country as to what their opportunities and roles here are.
00:22:03.060 You know, I remember talking to a historian about what was the difference between the founders and the current group of politicians.
00:22:09.660 And, you know, their view was they understood where they were in history and understood it very carefully and worked to live up to the historical roles they understood they have.
00:22:26.840 And I think Pam and Kash understand that somewhat.
00:22:31.300 But our role and the role of the citizenry is to remind them of that and bolster them, help them.
00:22:39.480 Yeah, it is.
00:22:42.740 But repeat what you said.
00:22:44.020 It's not them.
00:22:44.960 The point is, go back to what you just said.
00:22:49.280 Folks, you have to understand something to understand our movement and the revolutionary nature of what we're attempting to do to restore this to a constitutional republic.
00:22:58.820 Fenton, repeat it again.
00:23:00.300 President Trump was almost jailed by his own Justice Department in his first term.
00:23:06.480 This just wasn't Jack Smith and Lisa Monaco.
00:23:10.300 They're all demons.
00:23:11.600 And I don't know why we don't have a grand jury right now investigating the whole crap.
00:23:15.680 But the apparatus itself, it's a systemic problem.
00:23:19.980 It's not just a personnel problem.
00:23:21.420 It's a systemic problem.
00:23:22.480 It has to be taken apart brick by brick.
00:23:25.420 And the FBI, I don't know why we don't have the headquarters up for sale.
00:23:28.380 We've got to take it apart brick by brick, break the thing up into a couple of pieces, and not, I don't think, be out doing Instagrams about how great they are.
00:23:36.700 They're not great.
00:23:38.240 And right now, I don't care about arresting guys in the top ten most wanted.
00:23:41.980 That's fine.
00:23:42.580 That's fine.
00:23:43.540 Go ahead, sir.
00:23:44.160 Yeah, I mean, they had the FBI come to my house a few years ago to give me a subpoena.
00:23:49.760 Yeah, forgive me for thinking this is a little bit personal.
00:23:54.180 You know, we've worked with the FBI.
00:23:55.900 We've actually hired former FBI guys.
00:24:01.560 It's—you know, I don't even want to kind of give credit to the argument, well, there are good people working in the FBI.
00:24:07.720 That is not the point.
00:24:08.940 And there may be good people working in the FBI, but they are scared in the corner and unable to do anything.
00:24:17.280 So it's not about them.
00:24:19.140 The culture rewards corruption, cowardice in terms of ethics and morality.
00:24:27.820 That's what we see repeatedly.
00:24:31.460 You know, remember, we got some—and they've got the—the FBI's got the best PR operation in Washington, D.C., second to none.
00:24:39.940 Every foreign government looking for, you know, PR operations in D.C., every corporation, they should see—look to see what the FBI had.
00:24:49.220 They're untouchable in terms of, oh, we—do you hear anyone in Congress talking about defanging the FBI, even cutting a dollar from the FBI?
00:24:58.960 No.
00:24:59.700 They're afraid.
00:25:00.840 They're intimidated.
00:25:01.560 No, they're intimidated.
00:25:02.940 I don't know why the shows—all these shows that glorify them ought to all be pulled down immediately.
00:25:08.560 It's ridiculous having been pulled.
00:25:09.780 Fenton, where do people go to follow this?
00:25:11.620 Because you're like a dog with a bone now.
00:25:14.320 You're not going to get off this.
00:25:15.280 You know, so I wake up this morning, and it's like, Bannon wants you to come on.
00:25:19.460 It's like, doesn't Bannon take a day off?
00:25:22.160 It's Saturday.
00:25:24.200 I mean, what the hell is wrong with you?
00:25:26.060 It's my favorite—it's my favorite show.
00:25:29.820 I'm demented.
00:25:31.260 Working with you for so many years, I'm demented.
00:25:33.700 I know, I know, and I'm happy to come on, that's for sure.
00:25:36.440 I'm at Judicial Watch, obviously, and online everywhere, Tom Fitton and Judicial Watch.
00:25:44.340 There's no one else doing the work we're doing.
00:25:45.700 You know, I hope I don't—no, but this is the sad thing.
00:25:49.340 I don't know if I have to go back to old Breitbart radio days.
00:25:52.980 We used to have you on, and we'd pitch you as the People's Justice Department.
00:25:57.360 We're in charge now.
00:25:58.960 We shouldn't have to do this.
00:26:01.400 This is what's so sad.
00:26:02.060 Well, that's the wonderful thing about the point of the process is they have to do it now.
00:26:05.900 They have to tell us when are the records coming out.
00:26:10.720 They didn't have to.
00:26:12.280 Here's the one before yesterday.
00:26:15.560 One of the key points is that Tom Fitton sued Trump's first-term Justice Department more than he sued.
00:26:25.260 And he used to tell me at the time, he says, they still was worse than Holder in this crowd.
00:26:30.200 That's how—
00:26:30.820 Can I tell a quick story?
00:26:32.100 That speaks to even putting—
00:26:33.140 Sure, go ahead.
00:26:34.800 We've got about a minute.
00:26:35.340 Go ahead.
00:26:35.700 I visited with someone important whose initials are SB in the White House once, and he told
00:26:42.600 me, this SB character, last name Bannon, said, Fitton, I'm trying to get you two things.
00:26:48.000 I'm trying to get—I'm trying to get two things done.
00:26:50.520 I'm trying to get you your documents and the embassy move to Jerusalem.
00:26:55.740 Well, you got the embassy move to Jerusalem.
00:26:59.060 We're still waiting.
00:27:00.280 That was easier to do than to get FOIA documents out.
00:27:03.160 A billion percent.
00:27:06.180 A billion percent.
00:27:06.840 A billion percent.
00:27:07.600 The two hardest things—hold it, designating the Muslim Brotherhood as a terrorist organization
00:27:11.920 and getting Fitton's documents.
00:27:13.460 I'm telling you, that hasn't changed because the app rest hasn't changed.
00:27:17.060 Tom, what's your social media, too?
00:27:19.360 Where do people go besides Judicial Watch?
00:27:21.180 They'll follow you on Twitter or anything else.
00:27:23.440 We're on all the social media platforms, Judicial Watch and NIM as well.
00:27:30.400 We've got great programming on YouTube and Rumble, and we—dare I say it, we're still
00:27:35.840 on TikTok.
00:27:39.760 Amen.
00:27:41.260 We'll figure that one out, too.
00:27:42.680 That's a whole other development with big tech.
00:27:45.020 We're going to hopefully get into it.
00:27:45.940 We've got to jam it in.
00:27:46.720 We're slammed this morning.
00:27:48.760 Fitton, love you, brother.
00:27:50.140 Keep fighting.
00:27:51.300 All right.
00:27:51.660 Thank you.
00:27:52.540 Grace will push this out. 0.84
00:27:54.060 Grace will push this out hard.
00:27:55.540 Everybody's got to see this.
00:27:57.500 More with sorrow than anger.
00:27:59.240 We've got to do it.
00:28:00.600 Special counsel's got to be named.
00:28:02.680 Directly report to President Trump or burning daylight.
00:28:05.140 FBI's got to be taken apart.
00:28:06.740 DOJ.
00:28:08.740 It's a nest of vipers over there.
00:28:11.060 Obviously, just a senior management change is not going to do it, folks.
00:28:14.940 Short commercial break.
00:28:15.900 Back in the morning in a moment.
00:28:16.800 You wish you could have invested in the stock market last year when investors scored the
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00:29:41.400 Here's your host, Stephen K.
00:29:43.540 Mann.
00:29:47.320 Okay.
00:29:48.020 I'm going to break down and talk to you about the bond market in a little while, but like
00:29:52.840 our theory of the case here, the bond market's turfed out more governments than howitzers.
00:29:57.080 I think the bond market, and I say this because now I've said for years, the easy decisions
00:30:04.260 are behind us.
00:30:06.400 Every decision going forward is going to be a tough decision.
00:30:09.000 Every decision going forward is going to have some pain to it, folks, if you want to
00:30:13.020 sort this crisis out.
00:30:14.140 And the bond market is going to get a vote.
00:30:15.660 The bond market got a vote this week.
00:30:18.280 Note to self.
00:30:19.240 So let's be here in this show for working class people and for middle class people,
00:30:24.640 and that's why CNN poll shows that working class people come more to the Republican Party
00:30:29.960 because the Republican Party, at least some element of us, the populist nationalist wing
00:30:33.920 of it, will have a frank conversation with working class people because they're kind of
00:30:38.800 the embedded wisdom of the nation, and we're not here to fool them.
00:30:44.280 There's a situation on tech that I think we just blinked.
00:30:47.000 It's come across the Bloomberg terminal.
00:30:48.400 But it's because of the bond market.
00:30:50.400 I'm going to get to that in a second.
00:30:51.300 Gold, and this is why for the last four years, I hate to be blunt, but I'll be blunt.
00:30:56.260 We've been ahead of this for a long time.
00:30:58.960 This is why we teamed up with Birch Gold a long time ago to explain to people the situation
00:31:04.320 about the prime reserve currency, the U.S. dollar, and what it means in the world economic
00:31:11.080 system and how much the ability of our elites to game the system depends upon us. 0.94
00:31:18.400 And why that has responsibilities, why that being the prime reserve currency has responsibilities.
00:31:24.140 Number one is this, the whole military situation we got ourselves into.
00:31:31.600 Gold exploded over the last week.
00:31:34.500 It's not the price of gold.
00:31:35.740 We're not here to say, look at the price of gold.
00:31:37.260 Go buy gold.
00:31:37.880 It's going to go higher.
00:31:38.500 We never say that.
00:31:39.740 It's not the point.
00:31:40.720 The point is for you, just like everything else in the show, your agency, for you to learn
00:31:45.920 what drives gold as a store of value and a hedge against financial turbulence.
00:31:51.320 And folks, we're going to have financial turbulence like crazy.
00:31:55.620 Why?
00:31:56.060 Because President Trump is trying to reorganize the world's economic order to make sure we
00:32:01.240 go back to America being a manufacturing superpower.
00:32:06.020 Make sure you go to Birch Gold.
00:32:07.100 The easiest way to start off, just take your phone and text Bannon, B-A-N-N-O-N, at 989898.
00:32:13.940 Get the free guide of the ultimate guide to investing in gold in the era of Trump.
00:32:20.880 Gold's going to fluctuate, but you need to know the converging forces in back of that.
00:32:24.960 Also, the BRICS have a huge conference in July, and the Birch Gold guys are going to go 1.00
00:32:29.740 attend that as our representatives to report there live.
00:32:33.720 Because remember, as I get into the Chinese Communist Party in the second hour of the
00:32:37.340 show, their leading weapon, one of their leading weapons is a de-dollarization program to de-dollarize
00:32:43.700 the nations of the world and to make sure that we're left kind of holding the bag.
00:32:48.260 Which right now, if we got off us being the prime reserve currency, it would be like Argentina
00:32:54.160 back in the old days with the 150% inflation.
00:32:59.000 Tej Gill, this morning, because I was going to have a nice morning breaking down the HBO
00:33:03.180 special last night, the HBO Bill Marshall.
00:33:05.620 We're not doing that because we've got so much going on.
00:33:07.920 I've got so many people stacked up that we've got to get on here for breaking news from everywhere
00:33:12.140 from about the Persian nuclear situation to what's happening with China.
00:33:18.100 Um, I need a cup of coffee.
00:33:20.800 I need a hot, I need a hot, I need a fill up.
00:33:23.200 I need a top off of Warpath coffee.
00:33:25.940 Why is this coffee so great?
00:33:27.620 Why do I drink it black?
00:33:29.220 Why is it called the champagne of coffee, sir?
00:33:34.140 Well, first off, we start out with fresh, fresh beans.
00:33:38.060 We only use premium beans.
00:33:39.940 And then the way we roast it is we roast it on a perforated drum.
00:33:43.740 So by doing that, we don't burn the beans at all.
00:33:46.820 And probably nine out of 10 roasters, they burn their beans.
00:33:50.140 That's why most coffee is served with milk and sugar.
00:33:53.160 So by caramelizing the beans and not carbonizing the beans, we don't burn it.
00:33:59.440 And you can drink it all black.
00:34:02.120 It's super smooth.
00:34:04.340 It's very low acid in there.
00:34:07.480 It's not bitter.
00:34:08.600 And I had a guy tell me the other day that he had allergies and he's buying this like
00:34:15.380 $30 a bag coffee that was organic and this and that.
00:34:18.340 I told him to try our coffee because we've had people email us and tell us that they had
00:34:23.700 all kinds of allergies and stuff.
00:34:25.160 And we are the only coffee they can drink that is not certified organic because our coffee
00:34:29.920 is so clean and so good.
00:34:32.600 So he drank it and he's like, dude, I'm drinking your coffee from now on.
00:34:36.340 Because the other thing is our coffee is affordable.
00:34:39.160 We are a premium tier gourmet coffee, champagne and coffee at an affordable price.
00:34:45.680 So that's what makes our coffee so good.
00:34:48.260 It's just, it's an incredible coffee.
00:34:50.180 People absolutely love it.
00:34:51.700 You know, we have the dark roast, the Mariner's blend, and you can drink that Mariner's blend
00:34:56.560 with no milk and no sugar.
00:34:58.720 It's a, it's actually, it's a smooth, dark roast.
00:35:01.280 And then we have the breakfast blend, which is, you know, it is super smooth.
00:35:07.320 It's incredible.
00:35:07.920 Then we have the, the summer blend, the summer blend actually has Jamaica blue mountain beans
00:35:12.620 in it, a very small amount.
00:35:13.980 Cause that, that stuff is about $60 a bag.
00:35:16.620 So we put a very small amount in there and that falls somewhere in between the breakfast
00:35:20.660 blend and the summer blend.
00:35:21.660 You know, then we've got our Italian frog man espresso.
00:35:24.620 So it's, it's an, it's a light roast Italian espresso and I drink a black, it's an espresso
00:35:30.880 that you can actually drink black.
00:35:32.260 And we went back and forth for a while getting that roast right.
00:35:35.960 Cause I wanted a, I wanted an espresso that wasn't bitter.
00:35:39.720 Some people like bitter espresso, but I don't.
00:35:41.940 And it's really strong, but it's really smooth.
00:35:45.440 And the, the coffee is just incredible.
00:35:47.560 And this weekend for the war path coffee for the war path, war room posse, we're doing
00:35:53.500 20% off for Easter.
00:35:54.940 So if you use promo code war room, we're going to give you 20% off this weekend for Easter.
00:36:01.520 So folks, um, it's awesome.
00:36:06.140 Don't take it from Tays and don't take it from me. 0.97
00:36:08.200 Go to the website right now.
00:36:09.580 Read the 8,000 plus five-star reviews.
00:36:13.820 There's tons of five-star reviews, 8,000 plus.
00:36:16.340 Let's just see, see what your comrades are.
00:36:17.920 Your comrades are talking about.
00:36:20.500 We're closing in on 8,500 five-star reviews right now.
00:36:25.800 And I was, I was just looking at the, I was just looking at the dashboard on our analytics
00:36:30.280 and only 13% of the people leave reviews.
00:36:34.180 So, I mean, you can see only 13% of our customers actually answer the review emails and leave
00:36:41.380 the reviews.
00:36:42.020 And we have 8,500 five-star reviews.
00:36:45.140 So the numbers are there.
00:36:47.360 People love our coffee.
00:36:49.700 I mean, it's crazy.
00:36:50.580 People love it.
00:36:51.420 We actually, I was reading a review this morning and the guy, somebody said, he's like, I stopped
00:36:56.080 drinking coffee 10 years ago because it's so acidic and it upsets my stomach.
00:37:00.640 And he goes, I saw your coffee on Steve Bannon's war room and I tried it and I am a coffee drinker
00:37:06.300 again.
00:37:06.740 Wow.
00:37:09.780 A convert.
00:37:11.120 One more time.
00:37:12.000 Where do they go to the website, Tash?
00:37:14.240 The website is warpath.coffee and the promo code is war room and it's 20% off this weekend
00:37:21.860 for Easter.
00:37:22.900 On Monday, it'll go back to 15%.
00:37:24.900 The website is warpath.coffee.
00:37:27.680 Use promo code war room, get 20% off this weekend for Easter.
00:37:31.380 And that's it.
00:37:32.520 Drink it.
00:37:33.020 Try it.
00:37:33.380 If you haven't tried it, you got to try it.
00:37:34.760 It's the best coffee, the champagne of coffee.
00:37:40.280 Thank you, brother.
00:37:41.180 Appreciate you.
00:37:42.100 Tash Gill.
00:37:42.780 Thank you, sir.
00:37:44.340 Appreciate it.
00:37:45.300 I think I got to work that date out.
00:37:46.960 I think I got to work that special.
00:37:48.900 Maybe these are, ought to be extended, but we'll talk about that after the show.
00:37:53.440 Remember, he's a Navy SEAL.
00:37:54.960 Okay.
00:37:56.340 Jeff Davis, by the way, get a cup of hot cup of coffee now because you're in need for the
00:38:00.220 rest of the show.
00:38:00.780 Jeff Davis, South Carolina at Greville.
00:38:03.620 How is this, you're one of the MAGA leaders down there.
00:38:08.680 How is President Trump's, you saw the Harry Enten CNN where President Trump's been able
00:38:15.260 to shift, the MAGA moves been able to shift the Republican Party to be a working class
00:38:19.860 party and it shocked CNN.
00:38:21.600 It shocked the Democrats.
00:38:22.660 How is President Trump's program to date playing down in the great state of South Carolina?
00:38:29.640 Well, Steve, as you and I have talked about or texted about it, it's playing perfectly with
00:38:34.160 the citizens.
00:38:34.860 The citizens here in the state of South Carolina, they're good, hardworking, God-fearing Republicans,
00:38:40.980 conservatives.
00:38:41.800 But the problem is, and it's exactly what Tom Fenton was saying earlier in the earlier
00:38:46.740 two segments, is the leadership and the people that are running the state and quite frankly,
00:38:52.800 the establishment of the Republican Party has not—the MAGA movement has skipped past South
00:38:58.760 Carolina in that respect.
00:38:59.960 We are—we have been rated by CPAC as the most liberal red state in the nation.
00:39:05.180 We literally—I'm a tax attorney CPA.
00:39:07.900 We literally have the highest marginal tax rate in the entire Southeast.
00:39:12.660 They literally came out with a plan to lower and flatten our tax—our income tax rates.
00:39:18.040 Well, when you actually got into the numbers, they ended up increasing the tax burden on
00:39:25.040 60 percent of the lower-income side of the table.
00:39:28.960 So, the problem is, just like you guys were talking about on the national level, y'all were
00:39:34.820 working with Trump and trying to push things down.
00:39:37.280 We're trying to work from the bottom up and push things up, because we've got to do so
00:39:42.800 much more on the lower level than I think even goes on on the national level.
00:39:48.400 We came out with a survey last week that, you know, the state of South Carolina has 15
00:39:53.640 government employees per 1,000 citizens.
00:39:56.120 The state of Florida has four government employees per 1,000 citizens.
00:39:59.920 We've got a problem here in South Carolina, and we're trying to push back really hard and
00:40:05.320 support what you're doing on the national level.
00:40:08.000 We need to be doing it on the state level, and we probably need to be doing that in all 50 states.
00:40:11.540 The same problem is going on all across the country.
00:40:15.560 No, no, this is—you're another example of Texas, but here's what I understand.
00:40:20.720 The base down there, you don't have a more fired-up, more dedicated President Trump MAGA
00:40:26.560 movement than in South Carolina among the people.
00:40:30.040 Why is it—we just got a couple minutes—why is it not filtered up to the state level and
00:40:34.620 even to some of your federal—I don't want to get into naming names, but some of your own
00:40:39.600 federal representatives, what's the problem down there?
00:40:42.980 Well, I don't mind naming names, and I think you're talking about Lindsey Graham, who's 0.98
00:40:46.460 up for election in 2026.
00:40:48.220 But the problem is, quite frankly, South Carolina is first in the South for picking presidential
00:40:56.480 candidates.
00:40:57.100 South Carolina is where Trump won in 2020—or 2016.
00:41:02.020 South Carolina is where Trump won in 2024, where we stopped Nikki Haley, our former governor
00:41:09.040 here in South Carolina.
00:41:10.200 But that's the type of legislators we have, the Nikki Haley's, the Lindsey Graham's of the 1.00
00:41:15.000 world.
00:41:15.840 And because of the political consulting class that's here in the state, there is so much
00:41:21.880 money that comes in here, and it's the political consultants that are sitting here managing
00:41:26.460 this.
00:41:27.140 And as you know, the political consultants, it's easy to sell out to the money's special
00:41:32.200 interest.
00:41:32.640 And that's what our government here in the state of South Carolina is doing.
00:41:35.900 We have the nation's worst-rated school choice program.
00:41:38.980 I mean, we spend—at the median level, we spend at about number 25 of all 50 states in
00:41:46.740 the country on education.
00:41:48.800 However, you know, we're number 47.
00:41:50.860 So we're always thankful for Mississippi, but I think Mississippi's beating us nowadays
00:41:54.420 on the education level.
00:41:55.820 So, I mean, it's—the problem is the Trump agenda has not filtered into the government
00:42:00.900 and to the political establishment here.
00:42:03.260 And that's what we're trying to work on.
00:42:04.960 And, Steve, and I know you haven't mentioned it yet, but you're going to be down here at
00:42:08.600 our Greenville County Republican Party convention.
00:42:11.960 We represent about 12 percent of the state.
00:42:14.020 And you'll be here Monday speaking to the convention.
00:42:17.680 And I hope we'll be pushing a hard message of let's get the Trump agenda infiltrated
00:42:22.780 into our government and our political establishment here in the state of South Carolina.
00:42:27.960 And I will give one other note for you, just to know how bad it is.
00:42:31.620 Our current state party chairman is a gentleman by the name of Drew McKissick.
00:42:36.180 And if you recognize that name, he was the co-chair with Rona McDaniel.
00:42:39.420 So, that's what—that's the type of state party we're still dealing with down here.
00:42:44.400 We got rid of Rona and Drew McKissick on the national level.
00:42:49.160 Trump fired them last February of 2024.
00:42:52.500 But we still got to fire Drew McKissick here in the state of South Carolina.
00:42:57.240 Is there any way people can still attend?
00:42:59.420 Is there a place they can go to?
00:43:00.700 You can send them right now with 30 seconds left if they want to attend on Monday?
00:43:04.280 Or is it—or you close down ticket sales?
00:43:06.520 No, we want as many—this is going to be the biggest MAGA America First event in the state of South Carolina.
00:43:12.400 Come to GreenvilleGOP.com.
00:43:16.300 GreenvilleGOP.com.
00:43:17.940 It's either on our Facebook or on the website or Instagram, True Social.
00:43:23.020 But there will be a link there to purchase tickets.
00:43:25.720 And just contact us.
00:43:27.420 We would like as many people to come.
00:43:29.040 We've got vendors set up.
00:43:30.540 Doors open at 4 o'clock.
00:43:32.080 And you hopefully will be hitting the air about 7.15.
00:43:34.440 Yeah, Jeff, Jeff, just hang on one second.
00:43:37.900 I'm going to hold you through the break.
00:43:40.000 What if he had the brightest mind in the war room delivering critical financial research every month?
00:43:46.100 Steve Bannon here.
00:43:47.180 War Room listeners know Jim Rickards.
00:43:48.840 I love this guy.
00:43:50.300 He's our wise man, a former CIA, Pentagon, and White House advisor with an unmatched grasp of geopolitics and capital markets.
00:43:57.400 Jim predicted Trump's Electoral College victory exactly 312 to 226, down to the actual number itself.
00:44:07.280 Now he's issuing a dire warning about April 11th, a moment that could define Trump's presidency in your financial future.
00:44:14.860 His latest book, Money GPT, exposes how AI is setting the stage for financial chaos.
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00:44:26.600 Right now, war room members get a free copy of Money GPT when they sign up for Strategic Intelligence.
00:44:33.140 This is Jim's flagship financial newsletter, Strategic Intelligence.
00:44:38.040 I read it.
00:44:39.060 You should read it.
00:44:40.140 Time is running out.
00:44:40.980 Go to RickardsWarRoom.com.
00:44:42.820 That's all one word, Rickards War Room, Rickards with an S.
00:44:46.160 Go now and claim your free book.
00:44:48.600 That's RickardsWarRoom.com.
00:44:51.180 Do it today.
00:44:51.740 Thank you.
00:44:53.160 Here's your host, Stephen K.
00:44:55.280 Baff.
00:44:59.500 Jeff Davis, everybody in the local area that can make it down there, I want to make sure they get there.
00:45:05.480 And I'll be doing a, you know, shaking a few hands, taking a few photos also.
00:45:09.440 So where do people go?
00:45:10.400 One more time, sir.
00:45:11.900 Again, GreenvilleGOP.com or on social media, Facebook, Instagram, True Social under GreenvilleGOP.com.
00:45:21.300 Tickets are still available.
00:45:22.820 We are one of the very few county conventions which are open to the public.
00:45:27.260 Doors open at 4 o'clock.
00:45:28.580 We've got vendors.
00:45:29.500 This will be a big MAGA movement.
00:45:31.400 We'll gavel in at 630.
00:45:33.520 We've got a couple speakers, including Curtis Loftus, our state treasurer.
00:45:38.480 And then it'll be the Steve Bannon show.
00:45:41.700 So we are War Room South Carolina, as you can tell.
00:45:46.440 And we are so excited to have you joining us.
00:45:48.700 So go to GreenvilleGOP.com.
00:45:50.880 Everybody.
00:45:51.500 We've got people from North Carolina, Georgia coming.
00:45:53.600 And I think as far away as Texas.
00:45:57.620 Wow.
00:45:58.400 Amazing.
00:45:59.000 Thank you so much, sir.
00:45:59.980 Look forward to seeing you.
00:46:00.980 By the way, your personal social media, where do people go for that?
00:46:07.880 We follow.
00:46:08.740 We've got our nonprofit and our 501C4.
00:46:12.120 It's myscgop.news.
00:46:14.920 That's where we put all our information out there and all social media.
00:46:17.880 But my, M-Y-S-C-G-O-P. 1.00
00:46:19.880 Thank you, sir.
00:46:22.640 Thank you, brother.
00:46:23.320 Appreciate it.
00:46:23.840 Look forward to seeing you.
00:46:24.800 Look forward to seeing you patriots on Monday.
00:46:29.940 By the way, a lot of patriots in Beverly Hills gave a talk on Thursday night to just an incredible group of patriots.
00:46:37.220 And then Bill Moore, the shocker last night, his discussion about President Trump in the White House was quite frankly extraordinary.
00:46:43.700 And we're going to figure out how to break it down on Monday.
00:46:46.380 Ube Shan Bandar, helping Rick Grinnell, Ambassador Rick Grinnell.
00:46:53.520 You're an expert on what's going on, I guess, today in Oman, but it's really about Tehran.
00:46:59.340 President Trump, once again, says, hey, and you kind of called the shot when you were here a couple of weeks ago.
00:47:05.400 It's got to be direct negotiations.
00:47:07.660 And that means the Israelis are out of the way. 1.00
00:47:09.720 Really, the Omanis are out of the way. 1.00
00:47:11.300 The Saudis are out of the way. 1.00
00:47:12.360 This is the United States right to the Persians. 1.00
00:47:14.340 This is so important for people because we've got two carrier battle groups down the Red Sea, kind of for this, for bombing the Houthis, kind of for this.
00:47:23.900 Tell me what's going on today, sir.
00:47:25.620 Witkoff's down there, over there.
00:47:27.160 This is as big as it gets, is it not?
00:47:30.360 Yeah, that's right.
00:47:31.140 This is a really big deal.
00:47:32.320 There are ongoing negotiations right now from President Trump's Middle East envoy, Steve Witkoff,
00:47:37.880 who's meeting with Ayatollah Khamenei's envoys in the neutral country of Oman in the Arabian Gulf region.
00:47:45.940 Now, what's happening here is that President Trump sent a letter directly in March to the Supreme Leader of Iran, Ayatollah Khamenei.
00:47:57.000 And he essentially told them, you either engage in direct negotiations with my representatives to figure out a way where Iran can thrive,
00:48:07.060 but does not have a pathway to build a nuclear bomb, or you face direct and very severe repercussions.
00:48:15.000 That letter went out in March, and now you have negotiations with President Trump's senior envoy, along with Khamenei's senior envoys in Oman.
00:48:26.720 Why?
00:48:27.420 Because President Trump has the Ayatollah rattled.
00:48:31.440 We know this because of leaks in the media that some of Khamenei's senior advisors a few weeks ago sat down with him and told him,
00:48:40.540 hey, we are facing an economic implosion because of President Trump's maximum pressure campaign that he officially issued back in February with that executive memorandum.
00:48:52.520 That is starving Iran of its ability to export its oil to China.
00:48:58.680 In fact, according to some of the commodity data that we're seeing here, since January, Iran has exported about 1.6 million barrels of oil to China.
00:49:07.680 Some of the data analysts are saying that that could go down by around half a million barrels because of the new sanctions that President Trump has issued that is hitting Chinese refineries and crude oil storage facilities.
00:49:23.800 So Iran is essentially being starved.
00:49:25.820 But hang on.
00:49:26.440 But Ube, hang on for a second.
00:49:28.980 This is what I made on the thing the other day.
00:49:31.020 You're not going to have a military situation here.
00:49:33.180 We can't get dragged into that again.
00:49:34.980 But it's 1.6 to 2 million.
00:49:36.820 Why is it not zero?
00:49:39.220 The Chinese Communist Party is our enemy.
00:49:41.140 The Tehran to Beijing access is because we're in negotiations for a rapprochement with the Russians right now to break that stranglehold in the Eurasian landmass.
00:49:50.560 Why are we not even – look, I spent some time in the Navy in the North Arabian Sea in the Persian Gulf with carrier battle groups during the Iranian hostage crisis.
00:50:00.160 I don't know.
00:50:01.160 The United States Navy, hey, if they're keeping the Red Sea lane open to Suez Canal, we could shift those battle groups over there and stop every vessel coming out of the Straits of Hormuz out of the Persian Gulf and stop and board them.
00:50:13.940 And if they've got oil for China, you turn them back.
00:50:16.080 We could cut that to zero.
00:50:18.320 We could bring the Persians to the knees economically. 1.00
00:50:21.720 We could also seize the assets.
00:50:23.700 Hell, Khomeini and these guys, they own a third.
00:50:26.820 They're only in back of the Arabs, the Chinese, and the Russian oligarchs in the West End of London.
00:50:31.020 They own some of the best real estate in the world.
00:50:32.700 Why are we not taking hardcore sanctions that really would choke these guys down and bring them to the table on their knees, sir?
00:50:42.280 I think we're getting there.
00:50:43.300 President Trump has issued a number of sanctions on what's called Iran's shadow fleet. 0.94
00:50:49.040 In fact, just a few days before the ongoing talks in Oman, the Trump administration issued a new set of sanctions that are specifically targeting the individuals, the shipbuilders that own these fleet of ships that conduct what's called ship-to-ship transfers out in the Arabian Sea in the Gulf of Oman.
00:51:09.000 Basically, it's smuggling oil.
00:51:11.300 And that is really hurting Iran.
00:51:13.540 Look, to give you an example, you have a severe water shortage and electricity shortage in Tehran that's forced government offices to close down and schools to close down for like two to three days.
00:51:26.620 And we're not even in the summer yet.
00:51:28.320 So what we do know is that Ayatollah Khomeini's senior advisors are telling me, hey, we cannot afford a conflict.
00:51:35.020 That might lead to the collapse of the Iranian regime.
00:51:38.840 And we do know that the Israelis were fueled up and ready to strike Iran's underground nuclear facilities in the Fordow and Natanz area back in March.
00:51:49.020 But that, but that, I know, but that ain't happening.
00:51:52.120 That's where Bibi's come over a couple of times. 0.99
00:51:53.700 He came over to talk about it.
00:51:54.600 That is not going to happen.
00:51:55.740 We are adamantly opposed to that, adamantly opposed to that.
00:51:59.040 And that's why Bibi came twice. 1.00
00:52:00.700 You do that, you're going to get sucked into a Middle East war that's going to be without end.
00:52:04.740 So hang on for a second, because I want to talk about verification versus taking this thing apart.
00:52:09.040 Short commercial break.
00:52:10.820 We're going to get into it.
00:52:12.400 The Persians, the Chinese, the bond market. 0.98
00:52:16.600 Take out your number two pencil.
00:52:18.980 We're working on a Saturday morning here in the war room.
00:52:22.060 I'm going to leave you with the right stuff.
00:52:23.200 We're going to be back in two minutes.
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