Bannon's War Room - April 14, 2025


Episode 4410： Ramping Up Free Trade In The US; Reordering Of The New Monetary System


Episode Stats

Length

56 minutes

Words per Minute

170.76828

Word Count

9,606

Sentence Count

722

Misogynist Sentences

1

Hate Speech Sentences

20


Summary

Learn English with President Trump. President Trump announces a new round of tariffs on semiconductors and other high-tech products. The Dow Jones Industrial Average and S&P 500 hit new all-time highs on the morning of the announcement, and the dollar hit new lows against the yen and dollar.


Transcript

00:00:00.080 The world cheats us.
00:00:01.080 They've been cheating us for decades.
00:00:03.200 They cheat us with tariffs, higher tariffs, but more importantly, they cheat us with the
00:00:08.240 so-called non-tariff barriers.
00:00:10.240 It's the VAT taxes, the dumping, the currency manipulation, the technical barriers that
00:00:15.080 keep our autos out of Japan, the agricultural barriers that keep our pork out of Australia
00:00:20.040 or Europe.
00:00:21.040 They're doing that to the tune of $1.2 trillion of wealth a year that we transfer now abroad
00:00:28.280 and $18 trillion of wealth since we started running deficits.
00:00:32.600 You know how much $18 trillion of America that could buy?
00:00:36.000 So that's the problem we're grappling with.
00:00:38.580 So we have a strategy here where the president says we're going to charge them what they charge
00:00:45.480 us.
00:00:46.480 And the analytical issue is it's easy to calculate the tariff differential, but the non-tariff
00:00:52.600 barriers are so much higher.
00:00:54.080 So that's what we said, knowing full well, knowing full well that a lot of countries
00:00:59.240 would come right to us and want to bargain.
00:01:02.600 We've got 90 deals in 90 days possibly pending here.
00:01:07.180 And it was par for the course.
00:01:09.080 Actually, it was a birdie for President Trump to do exactly what he did, which was pause for
00:01:14.700 90 days.
00:01:15.700 And we're going to get this done for the American people.
00:01:18.020 I think that right now we are at a decision-making point and very close to a recession.
00:01:25.440 And I'm worried about something worse than a recession if this isn't handled well.
00:01:31.120 A recession is two negative quarters of GDP.
00:01:34.340 And whether it goes slightly there, we always have those things.
00:01:38.080 We have something that's much more profound.
00:01:40.480 We have a breaking down of the monetary order.
00:01:44.520 We are going to change the monetary order because we cannot spend the amounts of money.
00:01:49.360 So we have that problem.
00:01:50.600 And when we talk about the dollar and we talk about tariffs, we have that.
00:01:54.700 We are having profound changes in our domestic order, how ruling is existing.
00:02:01.060 And we're having profound changes in the world order.
00:02:04.640 Such times are very much like the 1930s.
00:02:07.340 I've studied history, and this repeats over and over again.
00:02:11.000 So if you take tariffs, if you take debt, if you take the rising power challenging the
00:02:16.440 existing power, if you take those factors and look at the factors, those changes in the
00:02:23.220 orders, the systems, are very, very disruptive.
00:02:26.740 How that's handled could produce something that is much worse than a recession.
00:02:30.900 We had really good news on the inflation front, both the producer price index, which is
00:02:35.900 wholesale prices, consumer price index, had the lowest print since fall of 2023.
00:02:42.060 Really good news.
00:02:43.080 And nobody expected that.
00:02:44.820 And the reason why that kind of thing's happening is because the Trump policies on other fronts,
00:02:49.360 the oil's down to $61 a barrel.
00:02:52.260 Okay.
00:02:52.500 So, but the other thing, and this is like, should have been in that little package you had at
00:02:57.120 the beginning, the Congress passed the resolution, the budget resolution, which lays the groundwork
00:03:04.720 for having the biggest, broadest tax cut in American history before August.
00:03:09.760 Now, what does that mean?
00:03:10.960 What does it mean for both recession and inflation?
00:03:14.080 It means that we're going to have a debt neutral tax cut financed by tariff revenues that's going
00:03:21.240 to stimulate growth.
00:03:22.420 It could be worth as much of a point and a half in terms of GDP growth.
00:03:26.520 At the same time, it's deflationary, not inflationary.
00:03:30.420 It's unlike the Biden fiscal measures, which were just pure debt driven.
00:03:35.480 So, there's really good news here.
00:03:38.000 And I predicted 50,000 on the Dow, predicted a broad-based S&P rally.
00:03:42.900 I don't know if you know this, Kristen, but it was seven AI stocks that pulled up the S&P
00:03:48.540 500 during the Biden years.
00:03:50.020 That's not growth.
00:03:50.820 President, can you talk a little bit about the semiconductor tariff that you posted on
00:03:54.380 TrueSocial today?
00:03:55.280 What is the timeline for that?
00:03:57.640 And I believe it's Jason Greer said the data, those will not be negotiable.
00:04:01.920 Once those tariffs are in place, they're non-negotiable.
00:04:04.200 Is that right?
00:04:04.720 But the tariffs will be in place in the not distant future because, as you know, like
00:04:10.220 we did with steel, like we did with automobiles, like we did with aluminum, which are now fully
00:04:15.140 on, we'll be doing that with semiconductors, with chips, and numerous other things.
00:04:21.180 And that'll take place in the very near future.
00:04:24.200 And all the things.
00:04:24.840 And what we did is we want to uncomplicate it from a lot of companies because that's
00:04:28.960 really where it should be, ideally.
00:04:30.800 And we wanted to uncomplicate it from a lot of other companies because we want to
00:04:34.700 make our chips and semiconductors and other things in our country.
00:04:38.860 And I will tell you, another one is pharmaceuticals, drugs and pharmaceuticals.
00:04:43.620 We want to make our drugs in this country.
00:04:45.620 And by placing a tariff on the companies that are not in this country, they're going to
00:04:51.900 move into our country and we're going to have our drugs made in the United States so that
00:04:56.220 in case of war, in case of whatever, we're not relying on China and various other countries
00:05:01.960 to supply us with drugs, which is not a good idea.
00:05:05.480 And it'll happen very fast.
00:05:06.920 It'll all happen very fast.
00:05:08.000 Well, as President Trump has said, he's dispatched his team, Scott Bessent, Howard Lutnick,
00:05:18.240 Jameson Greer, to have conversations with these countries and to explain to them their egregious
00:05:24.320 trade abuses, how they've manipulated their currencies, how they have illegally subsidized
00:05:29.100 their industries and how they ballooned the trade deficit.
00:05:31.240 And that's going to lead to a bilateral process with each and every one of these countries.
00:05:35.820 And I'm not going to prejudge that result.
00:05:37.600 But the 90-day pause before the tariff rates snap back gives us an opportunity to have that
00:05:42.960 conversation with each of these countries and to deal with these long-running, severe and
00:05:48.160 systemic abuses while at the same time, and very importantly, focusing all of our attention
00:05:53.440 and the attention of the entire international community on how China has distorted the entire
00:06:00.540 global trading system through decades of intellectual property theft, trademark theft, copyright theft,
00:06:08.320 industrial espionage, currency manipulation, illegal subsidization of critical industries,
00:06:14.280 targeted dumping to destroy core manufacturing capacity in other countries so that they cannot
00:06:21.100 protect and defend themselves in a time of national emergency.
00:06:23.920 These are state-led policies from China that require redress.
00:06:28.340 And the only scandal is that it took so long for us to finally have a president and Donald
00:06:33.860 Trump who will protect and defend America from these abuses while every other president,
00:06:39.440 Democrat and Republican, allowed China to plunder us to a degree that was so savage and so total,
00:06:46.860 it honestly eclipses the imagination.
00:06:48.740 Have you gotten calls from any of your former counterparts that are either allies or enemies
00:06:55.020 or others trying to understand what's going on?
00:06:57.760 And I'm curious if you have what you tell them.
00:07:01.320 Well, I have had a few meetings.
00:07:05.300 And the truth is, I honestly don't know what to tell them because these are huge.
00:07:13.880 I've said self-inflicted wound.
00:07:17.540 To me, President Trump is taking a sledgehammer.
00:07:22.180 Not only that he's pounding our allies with this, but he's pounding the U.S. economy with
00:07:30.400 this sledgehammer.
00:07:32.000 And I don't understand the rationale for the tariffs.
00:07:36.100 Most economists would say if what you're trying to do is to reduce the trade deficit, imposing
00:07:44.480 tariffs is not going to be successful and is not the way to go about doing that, the best
00:07:51.180 approach there would be greater fiscal discipline, which we're not likely to see.
00:07:57.760 And perhaps it's to bring back American manufacturing.
00:08:03.420 But I really think that's a pipe dream and not something that is likely to be accomplished.
00:08:11.120 And we could even raise questions about whether or not, in a broad-based way, that's a desirable
00:08:17.040 goal.
00:08:18.160 And it's really hard to predict where this is going.
00:08:22.140 The escalation with China could have very significant global implications.
00:08:32.460 This is the primal scream of a dying regime.
00:08:37.340 Pray for our enemies, because we're going medieval on these people.
00:08:42.580 I got a free shot at all these networks lying about the people.
00:08:46.840 The people have had a belly full of it.
00:08:48.820 I know you don't like hearing that.
00:08:49.920 I know you've tried to do everything in the world to stop that, but you're not going to
00:08:52.420 stop it.
00:08:52.880 It's going to happen.
00:08:54.140 And where do people like that go to share the big line?
00:08:57.540 Mega Media.
00:08:58.880 I wish in my soul, I wish that any of these people had a conscience.
00:09:04.280 Ask yourself, what is my task and what is my purpose?
00:09:08.100 If that answer is to save my country, this country will be saved.
00:09:14.280 War Room.
00:09:15.300 Here's your host, Stephen K.
00:09:17.360 Bannon.
00:09:19.920 It's Monday, 14 April, year of our Lord, 2025.
00:09:27.120 There are decades in which nothing happens, and then there are weeks in which decades happen.
00:09:31.540 I think we're in another one of those weeks, following last week and the week before.
00:09:36.060 Ray Dalio kind of lays it out there.
00:09:37.900 It is about the global monetary order.
00:09:40.880 That is, the roiling in this is two things.
00:09:45.880 Massive overspending by the federal government, these massive deficits that we have to continue
00:09:50.560 to finance, plus the trade, the international global trading system, which President Trump
00:09:56.840 as Stephen Miller and Dr. Peter Navarro so eloquently lay out is about a rigged system that
00:10:03.760 the elites in this country have basically sold out the nation to the Chinese Communist Party,
00:10:07.520 and that has to be redone, and it's going to be redone, and people are not going to back
00:10:11.840 off this.
00:10:13.240 This is more, and if you want to hear the running dogs for the sociopathic overlords on Wall Street,
00:10:19.040 just go to, you just have to cut on mainstream media, MSNBC, read the New York Times, see the
00:10:25.320 Washington Post, see CNN, about tariffs.
00:10:28.060 Oh, they're going to raise prices, raise prices, raise prices.
00:10:30.600 Never talk about the hollowing out of this country.
00:10:35.140 Let's go to, do I have, Caroline Wren, who's broken a lot of news on this in the last 10 days
00:10:40.040 from her White Lotus tour of Southeast Asia, is now in Dubai.
00:10:44.500 Caroline, breaking across the wire as we come, as you predicted, she is now in Southeast Asia.
00:10:52.240 His first stop is Vietnam.
00:10:53.620 It should not be lost on people.
00:10:55.220 The very first call that President Trump took and set up a meeting with Scott Bessent was,
00:10:59.840 wait for it, Vietnam.
00:11:01.260 She's in Vietnam.
00:11:02.280 It just came across the wire.
00:11:03.420 I think Walter Bloomberg, that Twitter feed, said they are in the process of signing 45 agreements,
00:11:12.080 arrangements.
00:11:12.760 We know the Vietnamese want to do a deal with the United States.
00:11:15.180 They're the very first one to call.
00:11:17.340 What's your assessment?
00:11:19.760 Sure, yeah, we, I've been tracking this now for a couple of weeks.
00:11:23.180 President Xi and China seem to be going all in on a regional strategy here.
00:11:27.740 And he's, President Xi, they're going all in on Southeast Asia.
00:11:31.300 And today, in one of the public speeches he gave, he called on Southeast Asian countries,
00:11:36.460 and specifically their Vietnam, to join him in resisting against President Trump's, quote,
00:11:40.960 unilateralism and protectionism.
00:11:42.820 And this is as President Xi is starting as what is a propaganda tour to attempt to present Beijing
00:11:48.820 and the CCP as a more reliable ally and trading partner than the United States.
00:11:53.900 And the reality is that these countries, they have to, I mean, President Xi is coming.
00:11:58.220 They're your largest neighbor.
00:11:59.520 They're a very scary neighbor.
00:12:00.640 They're, like, Vietnam, and he goes off next to Malaysia and then to Cambodia.
00:12:04.520 They cannot say no.
00:12:06.000 What they're saying privately, and I've been in all of these countries over the last two weeks,
00:12:09.560 is please, please, President Trump and the United States, come in, save us, help us.
00:12:14.880 We want to deal with the United States.
00:12:16.600 We do not want to deal with China.
00:12:18.240 But we have to be mindful and aware of, like, the reality of these countries and what happens with this.
00:12:23.120 And the strategy here, I think, is that China is trying to insulate itself against Trump's tariffs.
00:12:28.320 And their best strategy to do that is with the neighbors in Southeast Asia.
00:12:31.940 And that's because, you know, Southeast Asia has become China's largest trading partner at 17 percent of their exports
00:12:37.160 versus only 14 percent to the United States.
00:12:40.440 And so I think China sees this as critical to shore up trade relations with Southeast Asia.
00:12:44.920 And then that also is because they use these Southeast Asia countries to escape Trump's tariffs.
00:12:50.020 They manufacture these products in China.
00:12:52.380 Then they send them to get slapped with a made in Vietnam or a made in Cambodia stamp.
00:12:57.100 Then those products come to the United States.
00:12:59.480 And so that is what Trump, that's why, you know, Cambodia got a 49 percent tariff, Vietnam got 46 percent.
00:13:06.200 It was high because China is using them as pawns.
00:13:08.740 And so now we have to reaffirm our, you know, our interest in the region.
00:13:13.360 The same thing is with Mexico.
00:13:16.820 The same thing you do in Mexico.
00:13:17.720 That's why it's much more than $500 billion, $600 billion.
00:13:20.480 Hang on for one second.
00:13:21.340 The East Asian countries, President Trump already laid out the top five in Besson.
00:13:26.980 Japan, South Korea, Taiwan, Vietnam, and India.
00:13:30.960 They've already had a coup.
00:13:32.200 The Chinese Communist Party have led a coup with our allies in South Korea to take out the conservative, the pro-Trump.
00:13:38.180 Taiwan is under, you know, military exercises, threatening invasion.
00:13:43.240 Vietnam, they're there today trying to crush Vietnam.
00:13:46.040 Japan, they've infiltrated Japan so badly that the Japanese have reached out to us for help and to say, we're your ally, but the CCP's all over us.
00:13:55.340 And, of course, we know Modi standing tall and India says he's going to do a deal with the United States.
00:14:00.020 Today, El Salvador, because also the CCP is trying to flood and invade not just the Caribbean, but Central America.
00:14:08.200 This is why Hegseth went to Panama.
00:14:11.420 And today, El Salvador comes to the White House.
00:14:14.460 We've got Frank Gaffney.
00:14:15.780 We've got Mike Rogers just announced he's running for the Senate.
00:14:18.700 Caroline Wren's going to stick around.
00:14:20.400 We're going to go to the White House live next.
00:14:22.960 Then, back at 11 o'clock, when the president of El Salvador shows up, the Supreme Court's got something to say about President Trump being commander-in-chief of the United States military in a time of war.
00:14:36.280 Short commercial break.
00:14:37.480 Johnny Kahn's going to take us out.
00:14:40.040 It is World War III, the early years.
00:14:43.980 This morning, in the war room.
00:14:45.660 But I'm American made.
00:14:49.760 I got American partners.
00:14:53.960 I got American made.
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00:14:59.560 You don't go out and buy a life jacket when the boat is already sinking.
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00:16:12.440 Here's your host, Stephen K. Bannon.
00:16:20.940 The president just sent a true social about Ukraine.
00:16:25.820 I think I'm going to get to that in a moment.
00:16:27.300 Oh, here it is right here.
00:16:28.880 So this is from the president of the United States.
00:16:30.880 The war between Russia and Ukraine is Biden's war, not mine.
00:16:33.560 I just got here for four years during my term.
00:16:35.920 Had no problem preventing it from happening.
00:16:38.200 President Putin and everyone else respected your president.
00:16:41.280 I had nothing to do with this war, but I'm working diligently to get the death and the destruction to stop.
00:16:46.680 And he goes on.
00:16:48.160 But he's making a big point about this continual, more military activity today.
00:16:53.660 Witkoff was in Moscow last week, then went to Oman for the direct negotiations with the Persians.
00:17:01.440 Big news there is that it's going to continue this Saturday in Rome.
00:17:04.900 We'll be covering that because, remember, no military strike on the Persians.
00:17:09.120 But we should be much, much, much more aggressive on economic sanctions, including them shipping two million barrels of oil a day to the Chinese Communist Party to keep the Chinese Communist Party at war with the United States of America.
00:17:24.620 Gaffney and Wren.
00:17:25.760 Wren's in Dubai.
00:17:26.840 Gaffney's going to join me in a minute to talk about this, the unfolding war against the Chinese Communist Party and how we have so much leverage that we're not using on technology and capital markets.
00:17:37.060 So I want to go to Brian Glenn at the White House.
00:17:39.000 Brian, order of battle today, particularly since the Supreme Court's trying to come between President Trump and his Article II power as commander-in-chief of the armed forces during a time of war.
00:17:50.420 What happens at 11 o'clock, sir?
00:17:54.020 Yeah, at 11 o'clock, the president of El Salvador arrives here at the White House.
00:17:59.480 We enter the West Wing, as he traditionally does.
00:18:01.840 We have a nice pageantry of the color guard.
00:18:04.240 You can see them behind me laid out in rehearsal of that.
00:18:07.820 Then shortly after that, they go into the Oval Office for a meeting, and then they continue about 11.35.
00:18:14.520 They're scheduled to have a bilateral luncheon in the cabinet room.
00:18:20.200 And I would imagine there's lots on the table.
00:18:22.460 I know you said earlier about the China and their kind of infiltration into Central America.
00:18:26.540 I'm sure that will be talked about, but it's all about the deportation of that, at a very minimum, an illegal alien that came into this country from El Salvador.
00:18:36.320 And then much more higher charges as far as him being involved in gang activity and the reasons why he was brought back.
00:18:43.260 Earlier, Stephen Miller put on a clinic, 101, versus the media, as the media is so defiant on, really, I think, deportation of any illegal alien in this country.
00:18:58.900 I told you, we've got $10 million to go, and they're making a big deal about illegal alien invader, who's clearly a criminal and needs to be in El Salvador.
00:19:08.260 So here's the order of battle we're going to do.
00:19:10.100 We're going to come back to you at 11 o'clock for the pageantry.
00:19:13.480 Being a betting man, I happen to think that the president, after he has a short time as a bilat, I think the media is going to be invited into the Oval or the Cabinet Room, one or the other, for the president to take some questions.
00:19:26.680 Brian, you're not in the pool today, correct?
00:19:28.620 So you're going to be outside with us covering this?
00:19:32.480 Yeah, I'll be outside.
00:19:33.680 Now, obviously, as I normally do, I will request to be inside all of that.
00:19:38.160 But if not, I will be outside here along the Pebble Beach area.
00:19:43.300 It's not an official press avail unless Brian Glenn's there to ask a pertinent question.
00:19:49.420 You're the one that gets the president's juices flowing and gets him rolling.
00:19:52.060 You're the new Helen Thomas of the press corps, right?
00:19:56.020 Remember Helen Thomas, UPI.
00:19:57.280 We now have Brian Glenn, a real America's voice.
00:19:59.460 I do.
00:19:59.840 Brian, what's your social media between now and then?
00:20:03.480 We're going to come back to you at 11.
00:20:04.520 How do people follow you?
00:20:05.440 Yeah, you can follow me at BrianGlennTV on Twitter, on Instagram, at BrianOnTrueSocial, and at BrianGlennTV on Getter.
00:20:14.560 I'll be providing a little bit of behind-the-scenes stuff today here as we wait for him to arrive.
00:20:21.280 Brian, great job.
00:20:22.300 See you back here at 11.
00:20:23.480 President El Salvador will arrive.
00:20:26.260 And the timing could not be more perfect.
00:20:28.660 The Supreme Court is now in surges themselves.
00:20:30.140 Of course, left-wing media, that's all they're talking about.
00:20:32.500 Like the Great War, the Chinese Communist Party, which we have said they've been at war for us, with us for many years.
00:20:39.560 Unrestricted warfare and then a people's war starting in May of 2019.
00:20:43.400 Remember, May of 2019, still the most important, I think, month for geopolitics in the 21st century.
00:20:52.340 Frank Gaffney from the Committee on the Present Danger, China.
00:20:55.760 Frank, during the week, we're going to have much more of a drill down on exactly what's going on.
00:21:00.700 But we have so many potential weapons, technologically, capital markets.
00:21:07.040 I mean, this is, folks, this is not about tariffs, and it's not about trade.
00:21:11.180 That is an important part of it.
00:21:13.280 But as Stephen Miller did such a great job yesterday, this is two systems.
00:21:17.580 And we gave them the option, President Trump, for two years, with Bob Lighthizer and Peter Navarro and the vice chairman of the Chinese Communist Party, Lee He,
00:21:27.920 negotiated a fundamental deal to integrate them into an ordered global economic system of which they spit in President Trump's face.
00:21:38.620 And then shortly thereafter, you had the military games in Wuhan, just a random place, the world military games of which people started to get sick from, guess what?
00:21:48.960 A virus coming from the Wuhan lab.
00:21:50.920 That was about 100 days after they spit in our face and said, we will totally decouple and go it alone.
00:21:57.300 Frank Gaffney, your assessment of where we are in this global conflict with the Chinese Communist Party.
00:22:02.020 Well, Steve, that chronology was, I think, very important.
00:22:06.660 I would just add that in the years since 2019 and since the COVID biological warfare attack, and that is what it was, however it got out of the lab, once it was out, the Chinese deliberately sent it here to kill Americans, among others around the world.
00:22:28.420 We've had other developments, of course, and some of the most important of them, I think, involve things that you've been covering relentlessly and properly so, including the war in Ukraine and the war in the Middle East, both of which I believe are examples of strategic arson by Xi Jinping, leading up to quite possibly other incidents of it.
00:22:54.860 We've got the problem on the Korean Peninsula that we've got, of course, even in our own hemisphere, challenges, whether it's Panama, whether it's possibly Venezuela and Guyana.
00:23:06.780 I mean, these are places where Xi has been lighting sparks, I think, to distract us, to tie us down, and most especially to expend our limited arsenal, our kit, to the point where when he decides to move, and whether it's directly at Taiwan or whether it's Taiwan in the Philippines or whether it's Taiwan in the Philippines and Japan, whether it's Guam, whether it's here in the United States,
00:23:34.140 he is now positioned to engage in another kind of warfare, one that they've prepared for decades, a shooting war.
00:23:44.260 And the piece of this that is so important, we talked about it on Saturday, Steve, is we have been financing the preparations for the war that will kill Americans, and not just servicemen and women, probably in the Western Pacific, but also, very likely, Americans here at home.
00:24:01.820 One of the things that is exciting to me, Steve, in all of this, the heightened awareness that the president has brought to the, yes, war that is underway against us.
00:24:13.560 He's been focused mostly on the predatory trade practices of China, but it's a symptom, as you said, a symptom of what I think is properly described, not as World War III, but as World War Xi, and why we need now to be using the leverage that we have that he hasn't really tapped.
00:24:34.000 Though, on the 21st of February, to his great credit, the president laid out in a national security presidential memorandum, a basis for doing so.
00:24:43.560 He calls it the America First Investment Policy.
00:24:46.080 We need to use our financial capital leverage on the Chinese Communist Party to make it more difficult for them to contemplate the next steps that they are, in fact, now prepared to utilize.
00:25:01.400 And interestingly enough, as we talked about, Steve, on Friday, two things happened.
00:25:08.900 One, Larry Fink, one of the worst of the Wall Street guys when it comes to investing in China and trying to enable their, well, military, among other capabilities, said to Liz Klayman on Fox Business,
00:25:25.220 is if the U.S. government determines that there is a nefarious Chinese company, we need to delist them in our capital markets.
00:25:35.360 Well, not just delist, we need to make sure that we're not trading in them.
00:25:38.440 And the key test here is going to be, is Larry Fink going to divest from the nefarious companies he's got?
00:25:45.820 And by the way, not just the ones listed, but also the A shares out of China and maybe H shares as well that he has put into a lot of people's portfolios.
00:25:55.740 And again, folks, this is your money that they're playing with.
00:25:59.460 And one other quick data point, Steve, also on Friday, Kevin O'Leary of Shark Tank tumbled onto something that was hugely important.
00:26:08.540 And that is the idea that we've got a memorandum of understanding.
00:26:13.660 He didn't put it quite this way, but that's how this has happened.
00:26:16.620 Joe Biden initiated a memorandum of understanding that gave the Chinese communists privileged access to our capital markets.
00:26:25.520 And O'Leary was saying, hey, my companies don't get that treatment.
00:26:28.780 Nobody else's companies do.
00:26:30.400 Not any of ours, not anybody's overseas.
00:26:32.420 And they're using this to transfer trillions of dollars to the Chinese People's Liberation Army and other nefarious outfits.
00:26:40.480 The fight is against the lords of easy money on Wall Street and the sociopathic apartheid state in Silicon Valley in the big corporatists.
00:26:49.880 Frank, where do people go to get Committee on Present Danger?
00:26:52.240 We've got one great webinar after another.
00:26:54.320 People need to get it.
00:26:55.160 Those are not already up to speed, which is most of our audience.
00:26:57.640 A lot of our new audience, including any real time with Bill Maher folks that are tuning in today.
00:27:03.840 Where do they go to get your great content?
00:27:06.760 Well, my personal is at X at Frank Gaffney and usfuture.org, our Institute for the American Future.
00:27:15.640 But also, Steve, two really important resources.
00:27:18.900 Committee on the Present Danger China is presentdangerchina.org.
00:27:21.980 And the other is securingamerica at substack.com.
00:27:27.640 Thank you, Frank.
00:27:29.160 All week, we're going to be drilling down on this.
00:27:31.520 We're going to go back to what Ray Dalio said about this breakdown of the international monetary order.
00:27:37.460 One way that you can get up to speed, take your phone out, text BANNON, B-A-N-N-O-N, at 989898.
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00:28:00.880 Short commercial break.
00:28:02.700 We're going to drill down more on what's really at stake here for the nation, for your community, your family, and yourself.
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00:29:32.780 Do it.
00:29:34.160 Do it today.
00:29:35.600 Use your agency.
00:29:36.860 Action.
00:29:37.560 Action.
00:29:38.080 Action.
00:29:38.960 And that's part of ensuring Chinese influence does not control that canal.
00:29:43.160 It's in our direct U.S. interest will to ensure that waterway is free and that our ships can transit freely.
00:29:50.280 So it was two historic arrangements that serve American interests, and it would never have happened without President Trump.
00:29:56.320 Without President Trump saying this is important, China can't have it, China didn't build it, China won't operate it, this is key terrain for the U.S. and for Panama, and we'll partner together to keep China out.
00:30:09.540 Okay.
00:30:10.800 That's part of this global expanding world.
00:30:12.400 Let me go back to Caroline Wren in Dubai.
00:30:16.580 Here's the point is that these countries, we need trading partners.
00:30:21.160 Of course, none of them have stood up and said, hey, what we're saying about reciprocity is wrong.
00:30:26.180 They know they've been doing this for years.
00:30:27.700 There is a way to have a trading order that puts America first and puts American citizens first and most importantly starts to bring back high-value-added manufacturing to the United States.
00:30:39.600 And no, Howard Lutnick is not going to all be done by robots.
00:30:43.220 We're not doing this so we can set up so robots have a better life.
00:30:47.600 In fact, I don't know why Lutnick is still doing media.
00:30:50.220 Let me be blunt.
00:30:51.900 Lutnick, who is Elon's pick for Secretary of Treasury, I think he's close to being an unmitigated disaster.
00:30:58.620 We should see a lot less of Lutnick on TV.
00:31:01.420 Hassett, Navarro, Jameson Greer, the trade rep, and particularly Scott Besson.
00:31:06.360 And I think Besson is being very smart in choosing and being very selective on the media.
00:31:11.160 We have to have a clear message and people understand what the process is.
00:31:14.760 And we have a process.
00:31:16.740 It's a very well thought through.
00:31:18.280 Oh, by the way, Stephen Miller should be doing more about trade and about this new economic order that we're trying to hammer through and not allow Wall Street and the corporatists in Silicon Valley to essentially give everything away to the Chinese Communist Party.
00:31:32.240 Isn't it interesting when you talk about deficits, folks, get back to Ray Dalio, which we're the first to highlight when he did the CNBC interview 10 days ago.
00:31:42.340 And that's how I'm sure the people at NBC said, hey, this must be important.
00:31:45.640 We'll put him on with Kirsten Welker, right, on Meet the Press.
00:31:48.620 His discussion about a collapse of the global monetary order is about Bretton Woods and what we set up post-World War II.
00:31:59.220 Well, here's the trading part.
00:32:01.240 The commercial part doesn't work anymore.
00:32:03.660 Hasn't worked for years.
00:32:05.460 How do I know it's not working?
00:32:07.560 Because that's the $2 trillion deficit.
00:32:11.100 What's the $2 trillion deficit about?
00:32:13.180 Number one, you're not generating enough tax revenue from your own corporations because you're not creating high-value-added manufacturing.
00:32:22.120 So people don't have higher wages, so they're not taxed even in the lower brackets, right?
00:32:26.740 They're not taxed more because there are more jobs.
00:32:28.900 They're making more money.
00:32:29.720 Their wages are higher.
00:32:30.700 Also, the corporations are not making more money because they're not doing high-value-added manufacturing.
00:32:36.340 In addition, we're underwriting the entire defense apparatus.
00:32:40.120 This is why we have a trillion dollars, and a trillion dollars they're not happy with.
00:32:43.340 They're trying to put in this reconciliation another $150 billion.
00:32:47.020 They want over a trillion dollars.
00:32:49.400 Those two aspects of it lead us to have, with other things too, but it leads to have a $2 trillion deficit.
00:32:55.840 It's not sustainable.
00:32:58.020 When these people are on TV whining and whining and whining, tell me what the alternative is.
00:33:02.700 Give me an alternative.
00:33:03.600 You don't like this plan, which is basically re-industrialize America and bring back high-value-added manufacturing jobs so people can actually have things called families around one wage earner, whether that be the husband or the wife.
00:33:16.720 You pick them.
00:33:17.500 That's your choice and your family.
00:33:20.280 Tell me what the alternative is.
00:33:22.100 We're not living in an alternative.
00:33:23.960 That's how you have $36 trillion of debt.
00:33:25.860 That's how you have a trillion dollars every 100 days.
00:33:28.200 That's how you have a new budget.
00:33:29.520 There's reconciliation.
00:33:30.520 And let me be blunt.
00:33:31.200 The reconciliation right now, as I see it, is a fantasy.
00:33:34.380 It's a fantasy.
00:33:35.200 It's a dangerous fantasy.
00:33:36.020 And it shows a political class on Capitol Hill that's not prepared, as they have not been prepared for decade after decade after decade, to actually get to the heart of the matter.
00:33:46.280 And please, don't give me the phony limited government, Republican, tiny town, oh, we're for liberty, we're for the Constitution, we're for those.
00:33:53.060 All you guys do is allow and vote.
00:33:55.260 And when they do vote to cut, the biggest scam they got is they cut in the out years.
00:33:59.860 These are 10-year budgets, and they're saying, hey, we have conservative wins.
00:34:04.500 This is $1.5 trillion of cuts.
00:34:09.780 Well, folks, that's over 10 years.
00:34:11.300 That's in, I think, the analysis that was done, it's in $86 trillion of spending.
00:34:17.560 And those cuts will never happen because they're all in the out years.
00:34:20.500 This is restructuring.
00:34:22.300 But Ray Dalio, and Ray Dalio is a guy that made his money in China.
00:34:27.340 Bridgewater is one of the leading private equity firms that, hey, guess what, shipped the factories over there.
00:34:32.940 So it's not like his hands are clean, but he's a smart guy.
00:34:36.620 He sees the change.
00:34:37.780 When he goes back, remember, when he's talking about the collapse of the monetary order and this order, he did not say President Trump what President Trump's do, and he doesn't agree with it.
00:34:47.500 He didn't say that was the main villain, the main villain here.
00:34:51.200 And the reason the bond market, I believe, froze up last week, and the bond market's going to have a vote here, folks.
00:34:57.820 The bond market's going to have a vote.
00:34:58.760 And the big, beautiful bill, the bond market's got a vote.
00:35:01.040 Whether you like it or not, they're going to have a vote on this.
00:35:04.100 And what they said, their principal concern was the reconciliation bill that, once again, just has unlimited spending.
00:35:13.640 It's going to come down to this audience.
00:35:15.360 I can see it now.
00:35:16.800 This is not that complicated.
00:35:19.380 This is going to come down to a big, nasty fight where you and this show are going to be called every nasty name in the world because we're sitting there going, nope, sorry about that.
00:35:30.560 No, no, no, no, no, no, no, no, no.
00:35:34.100 You can't do this.
00:35:34.920 You're burying the nation.
00:35:36.020 And we have to have a partner's conversation.
00:35:38.100 We have to be realist.
00:35:40.000 There were 25 to 40 votes no to get this thing through, and a compromise was reached that, hey, we're going to take care of it in the process.
00:35:48.900 Have you heard that one before?
00:35:50.720 Did you hear that on the CR?
00:35:52.500 Have you heard that before?
00:35:53.600 We're going to take care of it.
00:35:54.520 Okay, we're going to see what taking care of it means.
00:35:56.180 Taking care of it does not mean a defense budget that's over a trillion dollars, and I'm a hawk, but I consider to be a – and when I'm a hawk, you use every tool in the toolbox.
00:36:06.980 What do you think Xi is doing right now?
00:36:09.760 Xi is under right – he's got a coup in South Korea, one of our greatest allies, a coup in South Korea to remove basically the pro-Western government, driven by the Chinese Communist Party full stop.
00:36:20.780 You've got massive infiltration in Japan.
00:36:23.280 They're the first guys to tell you as they try to rearm.
00:36:26.040 You've got this group over the past that was all financed by the Chinese Communist Party.
00:36:29.380 They've done military exercises like they're prepping for Pearl Harbor, right, like the Japanese fleet did outside of Tokyo for about two months.
00:36:38.580 They're doing it right in front of your face.
00:36:39.980 They're doing a full flex around Taiwan to say Seventh Fleet, bring it.
00:36:43.940 He's down in South America – he's down in Southeast Asia today around the littoral nations of the South China Sea, and he's not cutting deals.
00:36:52.860 He's imposing deals.
00:36:54.440 He's saying here's what you're going to take.
00:36:56.300 If you don't like it, that's your problem.
00:36:58.400 This is kind of our terrain because we're Imperial Japan.
00:37:02.500 And he's doing the same thing on India and up there in the border.
00:37:05.240 He's got a border conflict now with Pakistan.
00:37:07.340 Again, geopolitically, on his chessboard, he is securing East Asia and Southeast Asia to say, hey, United States and your three-island chain and vast Pacific, I see what you're doing geopolitically.
00:37:18.960 I'll see you and I'll raise you one.
00:37:20.740 I will basically consolidate East Asia and Southeast Asia, so I will take that part of the Eurasian landmass, and then let's see what tough guys you are.
00:37:28.160 I'm in Brazil.
00:37:29.260 I'm in Central America.
00:37:30.200 And guess what?
00:37:31.480 The cartels are still my partner, and I understand the tariffs have cut fentanyl by 50 percent.
00:37:36.180 And I understand you say you're going to come down with kinetic forces and blow these guys out of the water.
00:37:43.040 But guess what?
00:37:43.640 They're still my partners, and I think we're doing pretty good because with the weakness in Canada, and Canada is one of the most infiltrated nations on this earth by the Chinese Communist Party, given what Castro's son did and allowed them to do over the last 20 years, they're feeling pretty good.
00:38:02.400 Yeah, I think we got the United States exactly what we got.
00:38:05.080 Now, we have every powerful tool in the toolbox because they don't exist unless they have, number one, access to our capital, both debt and equity, okay?
00:38:15.600 Number two, the ability to take our technology.
00:38:19.460 And have you heard anybody but War Room screaming about the $30 trillion?
00:38:24.920 Because you're talking about deficits, so the $36 trillion in debt we have, and the $2 trillion of deficits every year, we have $25 trillion of a trade deficit, $18 trillion just since China, since our elites brought China into the game, $18 trillion just with China.
00:38:41.740 Oh, by the way, intellectual property, $30 trillion, okay?
00:38:45.880 And do you have anybody in Silicon Valley?
00:38:48.320 No, because they don't mind the Chinese taking it.
00:38:51.180 What do you think you got?
00:38:52.300 You got all these venture capital funds, right, that are open to do it, to create a joint venture, and let them take the, as long as we get access to the Chinese market, as long as we get access to their cheap labor.
00:39:04.820 However, if they need to take our intellectual property, they can take it because, hey, it's just created in American universities or these small companies and the citizens of the United States who essentially paid for it are getting stiff.
00:39:16.340 Hell, we stiffed them on trade.
00:39:17.980 We're stiffing them on capital markets.
00:39:20.480 What Kevin O'Leary is saying over the weekend, the MOU Biden side gave the Chinese preferred access to our capital markets.
00:39:29.240 Number one, they don't even have to get audited.
00:39:31.080 They're audited by Chinese auditors.
00:39:32.660 How many times they found the scam that you go into the Chinese companies, you got the same guy, it's a CFO at, like, three different companies, right, under different names, and cooking the books three different sets of ways.
00:39:44.340 The total deal is rigged from the top to the bottom.
00:39:48.340 It's rigged in your tax dollars and, worse, the little bit of retirement money you have that's managed by the Oregon State Pension Fund or CalPERS, the Alabama Teachers Fund or all of that.
00:40:01.500 The firemen, the cops, the teachers, you, your little bit of the thing you put away, that's all driven, that's underwritten, that's the equity capital that underwrote the jobs leaving.
00:40:12.940 The part of this that's the Greek tragedy is that the very people that played by the rules, i.e., the American worker, the American middle class and working class, the very folks, the good housekeepers that husbanded their resources, that did exactly what they were supposed to do.
00:40:31.260 In doing that, they got screwed.
00:40:35.140 Their tax dollars, what they underwrote to the universities, their pension funds, their 401ks, that's what paid for all of it.
00:40:42.560 And Wall Street, the global corporatists, domiciled here in this country, and Silicon Valley, oh, let's throw in Hollywood, as they were sending the films over there, all skimmed 20% off the top, essentially, for themselves.
00:40:55.140 That's the reality of what happened.
00:40:59.100 And that is what President Trump is trying to do.
00:41:01.400 So this is more than a tariff.
00:41:02.660 It's more than a trade.
00:41:03.540 This gets down to an unrestricted warfare.
00:41:06.420 The Chinese Communist Party has run against the West for about 25 years.
00:41:10.320 When they came to the conclusion after the Gulf War, these colonels looked at it and says, hey, foreign devils have really good military technology.
00:41:18.380 And guess what?
00:41:18.980 They're very courageous and very brave.
00:41:20.680 I'm not so sure we can beat them mano a mano.
00:41:23.420 You know, they believe in Nelson's theory.
00:41:24.920 Pull the thing up alongside, unsheathe the guns, let's get it on.
00:41:28.260 Right?
00:41:28.860 That philosophy is not Sun Tzu.
00:41:30.760 Sun Tzu, no, no, no, no.
00:41:31.660 We're not going to do that because we're going to lose.
00:41:33.040 We've got to do something else.
00:41:33.960 We have to infiltrate.
00:41:35.020 We have to use psychological warfare, political warfare, cyber warfare, and most importantly, economic warfare.
00:41:42.300 And here's what they understood.
00:41:44.240 The greedy leaders of the West, the greedy leaders, the sociopathic, easy money overlords of Wall Street, the global corporatist, and the apartheid state of Silicon Valley would be their partners.
00:41:58.500 This is why I told Graham Allison when he came for lunch that day about, you know, the Destined for War, his book on the Thucydides trap.
00:42:06.100 I say, yo, bro, I don't see in your analysis of the rising power and declining power, Athens and Sparta and all the different examples you lead, that the elites of the declining power make more money on the way down than they made on the way up.
00:42:21.400 Can I have another cup of coffee?
00:42:23.340 Yo, bro, that's what we got here in the United States of America.
00:42:25.740 The principal enemy in an unrestricted war that the Chinese Communist Party has run against us is the elites in this country that have sold this country out, sold her citizens out day by day and made an immense amount of wealth.
00:42:41.320 Look at the concentration of wealth that's happened in this nation, not just the top 1%, top 2% or 3%.
00:42:46.240 They control virtually all the real assets and all the financial assets.
00:42:51.300 And the assets they don't control on financial assets or real assets, they're partners in crime in the Chinese Communist Party, in the Gulf Emirates, right?
00:43:02.540 In the oligarchs in Eastern Europe and Russia.
00:43:05.500 They control it.
00:43:06.680 And the factions of the families that run the deal out of Beijing.
00:43:11.020 They're called to, heretofore called their partners.
00:43:15.680 Short break.
00:43:16.860 Back in a moment.
00:43:17.500 It's all started.
00:43:19.740 Everything's begun.
00:43:21.760 And you are over.
00:43:24.400 Because we're taking down the CCP.
00:43:28.440 Spread the word all through Hong Kong.
00:43:30.760 We will fight till they're all gone.
00:43:32.760 We rejoice when there's no more.
00:43:35.160 Let's take down the CCP.
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00:44:53.200 Here's your host, Stephen K. Mann.
00:44:55.980 Okay, top of the hour.
00:45:00.400 We're going to go back to the White House.
00:45:02.280 President of El Salvador will be there.
00:45:04.600 We're going to see the military pageantry outside the West Wing.
00:45:07.240 I believe the president is going to open up either in the Oval for a press avail
00:45:11.920 or when they go in for lunch in the Cabinet for a press avail.
00:45:14.880 But we'll be covering it nonstop, particularly since the Supreme Court is trying to get in
00:45:20.340 the middle of President Trump being Commander-in-Chief.
00:45:22.140 Also, in the live chat, note to live chat.
00:45:26.460 Oh, is Steve going to talk about Pam Bondi and cash and everything?
00:45:28.900 Yo, I did 45 minutes on Saturday.
00:45:31.140 I'm the only person who had Tom Fitton live on Tom Fitton's lawsuit against Pam Bondi,
00:45:36.300 which is a big thing.
00:45:37.200 When Tom Fitton, as great as Tom Fitton is, feels frustrated enough,
00:45:39.980 he has to sue the Trump administration and the attorney general for not getting off the dime,
00:45:45.320 not just in the Epstein files.
00:45:46.660 As Tom went through, everything.
00:45:48.980 Everything's too slow.
00:45:49.900 So let's get that into the live chat.
00:45:52.440 So anybody who missed the Saturday show, which you should not do,
00:45:56.520 but if you did, you've got to see Tom Fitton's interview.
00:45:59.000 I think we took 45 minutes with Tom.
00:46:00.700 It was incredible.
00:46:01.620 Tom Fitton is at the end of his rope, and he's the best we got.
00:46:06.180 Mike Rogers joins us.
00:46:07.580 Mike, a big announcement for you today.
00:46:09.400 Can you walk us through it, sir?
00:46:11.740 Yes, and it's great to see you again, Mr. Bannon.
00:46:14.220 And after a very close race in 2024, three-tenths of one percent,
00:46:21.420 we looked at the numbers and said the only way to help Michigan get back in the United States Senate
00:46:26.260 is if we run for the United States Senate.
00:46:27.960 So today we announced we're running for the United States Senate
00:46:30.000 to take back Michigan values to Washington, D.C.,
00:46:34.740 which we haven't had there in 32 years.
00:46:36.960 Two Democrats have represented Michigan in the Senate for 32 years.
00:46:40.880 long enough, we're going to change that this coming, not this November, but next November.
00:46:47.880 But one of the things we learned, Steve, is that we had to get engaged earlier than we did last go-round,
00:46:54.120 and so we're not going to make that mistake again.
00:46:56.160 And so we've announced, and we're off and running,
00:46:58.040 we're going to be the 800-pound gorilla on the freight train coming up.
00:47:02.820 Mike, President Trump endorsed you last time.
00:47:05.100 Let me, this is one that a lot of people that follow this don't have on the radar right now.
00:47:11.060 Why do you think you can take out Slotkin in a year when Trump's not at the top of the ticket, sir?
00:47:16.840 Yeah, so it's an open seat, so there's no incumbent.
00:47:19.940 So Senator Gary Peters announced he's not running.
00:47:23.680 So this is really interesting.
00:47:25.380 You'll appreciate this, the irony of politics.
00:47:27.240 When we were running last year, people said you can't win because Donald Trump's on the ballot.
00:47:31.680 This year they're saying, well, you can't win because Donald Trump's not on the ballot.
00:47:35.500 We said the electorate of Michigan is changing, and we did two pretty amazing things.
00:47:40.020 The least amazing was we lost.
00:47:41.720 That's not amazing.
00:47:42.900 The most amazing thing that we did is got nearly 2.7 million Republican votes in the last election.
00:47:50.220 For any Michigan candidate statewide, that's the most in Michigan history.
00:47:55.140 We also came closest to Trump votes than any other of the competitive Senate races that won, like Marino or Sheehy or McCormick in Pennsylvania.
00:48:07.420 We were closer to Trump votes than those folks were, even closer than Ted Cruz in Texas, how close he came to Trump votes.
00:48:17.620 So all the components are here.
00:48:19.740 And we looked at it and said, wow, because we had such a huge Republican vote count, we don't have to get 100 percent of them.
00:48:28.940 We need to get about 85 percent of them because it's a midterm to show up and vote, and we will win.
00:48:35.080 That will be about 51 percent, according to our modeling, about who shows up.
00:48:39.640 And so our universe is smaller.
00:48:41.360 We know who they are.
00:48:42.220 We're going to talk to them a lot.
00:48:44.140 We started out the shoot by having the national Republicans say this is the guy that we have.
00:48:49.640 We put out a list today of hundreds of Michigan supporters saying, hey, this is the right guy.
00:48:54.760 We had a primary the last time.
00:48:56.960 We got, you know, I got nearly over 65 percent of the vote in that four-way primary.
00:49:02.660 We've done all that.
00:49:04.000 Now is the time to rally around a candidate to win.
00:49:05.960 So we're going to rally early, raise money early, build a ground game early.
00:49:09.820 And we're going to target those voters to come back out.
00:49:13.760 And then we're also going to go at disaffected Democrats and independents.
00:49:17.160 That's how we're going to win.
00:49:19.840 So talk to me about when you say Michigan values, you had Whitmer, you know, in the Oval and kind of weirdly hiding after she got in there.
00:49:27.200 What what are the values of the MAGA voter that you're going to represent versus the nontraditional Michigan values that Whitmer and that whole group of Democrats in Michigan proposed,
00:49:38.640 particularly in things like this, this big trade war we're in, the tariff battles, all that.
00:49:42.780 What give me the bid in the ass, the difference between you and what you represent in President Trump and the MAGA voter and what they represent.
00:49:49.580 Well, if you think about it, she should have covered her face in the Oval Office.
00:49:53.860 We lost.
00:49:54.740 She did.
00:49:55.280 I don't know if your listeners or viewers saw that.
00:49:58.540 She literally held a photo.
00:50:00.640 Did you see that?
00:50:02.480 In front of her face.
00:50:03.440 That was a profile.
00:50:04.640 Oh, we did.
00:50:05.400 But that was a that was a profile in courage.
00:50:08.020 I would expect anybody that wants to be president of the United States.
00:50:10.080 And she does.
00:50:10.760 That was a profile in courage.
00:50:11.780 She hid behind her folders, sir.
00:50:14.720 Oh, I know.
00:50:15.680 It's embarrassing.
00:50:16.540 That is not a Michigan value where we come from.
00:50:19.160 I worked on a factory floor.
00:50:20.700 We we would mock that behavior, actually.
00:50:22.680 And so if you think about where we have been in the last four years in Michigan, we've lost under Whitmer and Biden 24, 27,000 manufacturing jobs.
00:50:34.140 We're going to fight like hell to get those jobs back, number one.
00:50:37.220 And the way you do that is a pro-growth agenda.
00:50:39.520 Tax cuts.
00:50:40.500 Really, really important.
00:50:41.520 I know the president's working on this whole package.
00:50:43.540 The fact that the president and Doge is going after the federal government waste, fraud and abuse and have found close to 200 billion dollars already.
00:50:53.600 It's been 100 days.
00:50:55.680 Right.
00:50:55.880 People here don't like the fact that they have to send money to Washington to get wasted at that rate.
00:51:01.760 I mean, we've got to continue to do that.
00:51:03.580 And by the way, if you want a sound Social Security system, you've got to cut the waste, fraud and abuse out of it.
00:51:10.300 Talked about it for 30 years.
00:51:11.800 Now we're actually getting it done under the leadership of Donald Trump.
00:51:15.160 So that changes everything.
00:51:17.540 This trade war, I have to tell you, there's a map that got put up recently that had what the trading imbalances look like around the world.
00:51:27.560 It was 90 percent blue for America, 10 percent red for China.
00:51:32.560 That was in 2000.
00:51:34.200 Today, it is flipped.
00:51:36.300 It's absolutely flipped.
00:51:37.700 It is all red when you get U.S. and Mexico and Canada.
00:51:42.700 And by the way, Iceland.
00:51:43.620 Thanks, Iceland.
00:51:44.360 We appreciate you hanging with us.
00:51:46.040 But if you think about what that means for jobs and the economy and the future of Michigan, I mean, that's that is what we need to take.
00:51:53.440 That voice we need to take back to Washington.
00:51:55.500 Mike, I know you've got a punch.
00:51:58.820 Where do people go to your campaign site, sir?
00:52:03.120 Rogersforsenate.com.
00:52:04.080 We need your help.
00:52:04.840 Listen, this has got to be early.
00:52:06.320 It's got to be often.
00:52:07.440 You've got to come in.
00:52:08.500 We're going to get this thing done this time.
00:52:11.400 We're not going to have that three tenths of a percent loss where we know what the thing where we fell short the last time.
00:52:18.460 We're not going to let that happen.
00:52:20.080 And we're going to take the values of what Trump is doing now.
00:52:24.220 You know, he took the beachhead.
00:52:25.340 I've been telling people, Steve, he's got the beachhead.
00:52:28.080 Now we need to come in and help him.
00:52:29.960 Those 111 executive orders.
00:52:31.940 We need legislative effort.
00:52:34.260 That's what's coming next.
00:52:35.340 You've got to send me there to be the next wave.
00:52:38.400 Mike Rogers, thank you for joining us.
00:52:41.800 Mike Rogers announced for the United States Senate in Michigan early.
00:52:46.700 It's going to be a tough one against the Democrats.
00:52:48.900 Short break.
00:52:49.380 To the White House next.
00:52:52.200 The April 15th tax deadline is coming, and it's coming fast.
00:52:57.680 Do you have unfiled tax returns?
00:52:59.360 Can't pay the IRS?
00:53:00.940 The IRS is more than aggressive and the more aggressive than ever.
00:53:05.060 And the longer you wait, the worse it gets.
00:53:06.880 Wage garnishments, bank levies, even property seizures are all on the table.
00:53:12.880 You need to get ahead of this.
00:53:14.580 You need to get ahead of it today.
00:53:16.660 But going up against the IRS alone is a big-time mistake.
00:53:20.320 Take my advice.
00:53:21.100 Call the experts at Tax Network USA.
00:53:23.300 They know the system.
00:53:24.680 They have an edge, a preferred direct line to the IRS.
00:53:29.620 They know which agents to deal with and which ones to avoid.
00:53:33.600 Whether you owe $10,000 or $10 million, their genius strategies are designed to quickly settle
00:53:40.160 your tax problems in your favor.
00:53:43.140 Tax Network USA's attorneys and negotiators have already resolved over $1 billion in tax debt.
00:53:49.280 Let me repeat that.
00:53:50.620 They've already resolved over $1 billion in tax debt.
00:53:55.480 Tax Network USA can help you too.
00:53:58.360 But you need to move.
00:53:59.380 You need to move fast because April 15th is already here.
00:54:02.600 Remember, if you get that letter, don't put it in the drawer.
00:54:05.040 It just metastasizes.
00:54:06.880 Talk with one of our strategists today.
00:54:10.580 It's totally free.
00:54:12.300 Stop looking over your shoulder.
00:54:14.220 Stop the anxiety.
00:54:15.800 Stop the worry.
00:54:16.660 Put it all behind you.
00:54:17.640 Call Tax Network USA at 1-800-958-1000.
00:54:22.900 That's 800-958-1000.
00:54:25.700 Or visit tnusa.com slash Bannon.
00:54:29.200 That's Tax Network USA.
00:54:31.720 Go to tnusa.com slash Bannon.
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