Bannon's War Room - April 22, 2025


Episode 4430: The Restructuring Of The State Department; Lack Of Crowds In the Vatican


Episode Stats

Length

55 minutes

Words per Minute

171.47179

Word Count

9,524

Sentence Count

770

Misogynist Sentences

6

Hate Speech Sentences

16


Summary


Transcript

00:00:00.000 Yeah, I think it's right to connect the dots between the assault on, you know, many different
00:00:04.320 independent institutions, which is a theme that has run through the not quite hundred
00:00:08.740 days of the second Trump term.
00:00:10.380 And I would point out that as far as Chairman Powell goes, you know, you noted that he was
00:00:15.140 appointed by Donald Trump in his first term.
00:00:17.600 Donald Trump also repeatedly threatened to file fire Powell in his first term.
00:00:23.000 In fact, we did reporting for our book, The Divider, and it was clear that some senior
00:00:27.880 officials at the Fed literally could not go to sleep for months worrying about the next
00:00:32.600 day being the day that there would be a constitutional crisis, an impasse between the independent
00:00:38.920 Federal Reserve and the White House.
00:00:41.780 It didn't come to pass in part because it was a very different regime at that time.
00:00:45.920 And Treasury Secretary Steven Mnuchin, you know, essentially spent almost full time managing
00:00:51.300 Trump to avoid that kind of catastrophe.
00:00:54.080 By the way, Powell was prepared to spend, quote, every last nickel of his own money, and he
00:00:59.980 has millions and millions of dollars in order to go to court to stop Donald Trump from eroding
00:01:06.240 the independence of the American Central Bank, which many Wall Street investors, of course,
00:01:11.020 believe is one of the pillars of our economy.
00:01:13.940 So if Trump takes the next step, I would expect Powell to consider very seriously suing him.
00:01:19.680 I would expect there to be a major crisis that obviously will add further instability into
00:01:25.400 our markets and a level of uncertainty at the core of the American financial system that
00:01:30.880 I think is unlike anything we've ever seen.
00:01:32.900 If there is that kind of outright confrontation between the chairman of the Federal Reserve and
00:01:37.780 the president of the United States.
00:01:39.580 Are they spending their nights awake over this?
00:01:43.060 How about this Wall Street Journal headline that I just saw tonight?
00:01:45.660 Dow headed for the worst April since 1932 as investors send a no confidence signal.
00:01:53.780 That is happening as the U.S. dollar is falling again.
00:01:56.520 The cover of The Economist has a falling dollar.
00:01:59.200 How do you assess all of this?
00:02:01.380 It's a very dangerous time, I think, for Americans, and certainly American investors are showing that
00:02:07.440 anxiety in the market, as you reported earlier, down two and a half percent today.
00:02:11.700 But what's a really toxic combination in particular right now is that you have, as you pointed
00:02:17.480 out, you know, falling stock market, borrowing money is becoming more expensive for the American
00:02:22.800 government.
00:02:23.420 At the same time, you have a Congress that is advancing a deeply fiscally irresponsible
00:02:27.760 budget, right?
00:02:29.080 So you're making it imperative for the government to continue borrowing money at the same time
00:02:33.840 that the world is losing confidence in American treasuries.
00:02:36.720 That's a bad combination of factors.
00:02:39.640 That's very, very dangerous for the American government.
00:02:42.240 If you think about past fiscal crises, right, or past financial crises, you have the government
00:02:47.100 go into overdrive, spending money to stimulate the economy.
00:02:50.980 If you get into a budget crisis of this nature with rising yields and making it harder for the
00:02:55.980 American government to borrow money, you know, you'd have to go into cutting.
00:02:59.480 That's not something the American government is doing, used to doing in a crisis.
00:03:02.360 So it's really problematic to figure out his next steps.
00:03:06.320 It also is an enormous opportunity for China, both to start the rebalancing of its economy
00:03:12.040 that it's long needed to do, to have more emphasis on domestic consumption, to cast itself
00:03:17.380 as a more reliable trading partner than the United States, a case that it has been trying
00:03:21.720 to make for years without much effect.
00:03:23.920 And now the Trump administration is providing a perfect case study for why countries should
00:03:28.320 turn to China instead of the United States.
00:03:30.060 So it's really a golden opportunity, I think, in many ways for them.
00:03:34.060 And China's making that very case to our trading partners as well.
00:03:37.440 And to a certain degree, it's subtly threatening them if you're going to do business with the
00:03:41.820 U.S. and make trade deals, you know, do it with us instead.
00:03:44.500 Or if you do it with them, we're not going to do it with you.
00:03:47.380 So this is not a little trade war.
00:03:50.380 This is not a tiff.
00:03:51.180 This is blossoming into a full-blown trade war between the United States and China.
00:03:55.360 And both countries will get hurt.
00:03:56.980 Who gets hurt worse is still the open question.
00:04:00.060 This is the primal scream of a dying regime.
00:04:07.440 Pray for our enemies.
00:04:09.380 Because we're going medieval on these people.
00:04:12.640 Here's the reason I got a free shot at all these networks lying about the people.
00:04:16.940 The people have had a belly full of it.
00:04:18.840 I know you don't like hearing that.
00:04:20.260 I know you try to do everything in the world to stop that, but you're not going to stop it.
00:04:22.960 It's going to happen.
00:04:24.000 And where do people like that go to share the big lie?
00:04:27.640 MAGA media.
00:04:28.540 I wish in my soul, I wish that any of these people had a conscience.
00:04:34.520 Ask yourself, what is my task and what is my purpose?
00:04:38.220 If that answer is to save my country, this country will be saved.
00:04:44.420 War Room.
00:04:45.420 Here's your host, Stephen K.
00:04:47.500 Bannon.
00:04:52.440 It's Tuesday, 22 April, in the year of our Lord, 2025.
00:04:55.800 And so the battle lines are being drawn on this.
00:04:58.280 And I want to step back for a second and give you a view of the entire battlefield that we're dealing with.
00:05:05.200 Let's go back.
00:05:07.180 If you go to your notes, you'll remember we said that President Trump, there's three basic verticals he'll be heading down to try to turn this thing around and save the republic.
00:05:17.800 The first will be, of the three, you'll have ending the kinetic part of World War III, principally in Ukraine, but also in the Middle East, right?
00:05:29.920 And that will come from negotiations and they'll be part of a subset of the Russian rapprochement.
00:05:37.320 Central to that is obviously the Department of Defense, National Security Council.
00:05:41.180 And you've seen these power struggles over both at DOD and at National Security Council.
00:05:48.600 And we're going to get into that.
00:05:49.400 Deep State is definitely pushing back.
00:05:51.160 Pete Heggs has said today, this morning on Fox.
00:05:53.200 And now we're in a fight, folks, that we got to go fix bayonets to save or not to save to assist Pete Heggseth in making sure he stays the secretary of defense because they're they're out for him.
00:06:05.180 They're gunning for it.
00:06:06.900 The second was the deportations of the 10 million securing the border and the deportations of the 10 million people.
00:06:12.880 Now, I have up on on Getter, I think it's an article out of The Washington Times, Steve Dynan, who's one of the best reporters, along with over at Breitbart, Binder, uncovering day to day what's happening on the border and with deportations and everything with immigration.
00:06:33.440 He's reporting it's 99 percent down.
00:06:35.340 The border has essentially been secured by President Trump for all sakes.
00:06:39.240 You've got to build a wall. You've got to do many other things.
00:06:41.600 But there's no more open invasion of the country in that regard.
00:06:45.860 Now you get to the deportation of 10 million illegal alien invaders and what the Democrats are doing, I think, are quite brilliant in fighting us because to delay is to deny.
00:06:56.140 And now we're hung up and we're arguing about MS-13.
00:06:59.140 The Democrats have made their position.
00:07:00.920 The reason they're taking such a big stake on MS-13 in this individual is that, hey, they understand that the Republicans are going to get tired.
00:07:09.680 The media is going to get tired.
00:07:10.900 The population is going to get tired of even getting the criminal aliens out of the country.
00:07:16.180 And so the 10 million are going to stay and they're going to be voters.
00:07:18.760 And you're going to have Wall Street come in and say, hey, they're central to the economy.
00:07:21.560 They add one to two percent to GDP.
00:07:23.220 We need that in the whole aspect of suppressing wages for African-Americans and Hispanics in the United States.
00:07:33.120 The lower skilled jobs will just be lost in people.
00:07:35.300 In fact, they'll argue, oh, that's bringing inflation down, et cetera.
00:07:37.680 So strategically, what they're doing in the courts have taken a big role in this.
00:07:42.200 They're thinking downrange.
00:07:44.320 That's the second aspect on the deportation.
00:07:46.820 And what they're doing right now is, quite frankly, smart.
00:07:50.120 I mean, they're totally embracing that because they have to embrace it.
00:07:54.540 They have no populist, no populist economics.
00:07:57.120 They failed to raise taxes on the wealthy to try to close the budget gap, as President Trump and the MAGA movement is doing.
00:08:04.560 They have failed to bring in any economic nationalism.
00:08:08.620 They're taking their Wall Street party line about, oh, my gosh, tariffs are taxes.
00:08:12.840 Tariffs are going to raise prices.
00:08:13.880 That's being a running dog for the sociopathic easy money overlords of Wall Street.
00:08:19.960 And the corporatists.
00:08:21.320 So they've made their bed.
00:08:23.020 OK, it's quite evident.
00:08:24.240 The credentialed class, because they have no – they've abandoned the workers.
00:08:29.560 They've abandoned the working class.
00:08:31.020 That's evident.
00:08:32.340 And that's where we come in and have to have their back.
00:08:34.240 But that's – so the two verticals there.
00:08:35.680 The third, as we said, always the biggest and the most central is you have to get to the economic problems and the financial problems underpinning what they've done to hollow out the United States of America and take away high-paying, good jobs from the working class and the middle class.
00:08:53.660 And here you get down to who President Trump now is engaged in a – you can't say anything but a direct confrontation with the Federal Reserve, the central bank, the whole concept of the central bank.
00:09:04.740 What was stunning about Susan Glassner last night on Stephanie Ruhl is she kind of dropped the dime that I hadn't heard before that Powell was prepared to pay tens of millions of dollars to wave off Trump the first time.
00:09:21.180 And this is where Mnuchin – you know, Mnuchin's handpicked guy.
00:09:24.700 Many people at the time said this guy was going to be a disaster because he's not a heavy in capital markets.
00:09:29.520 He's not a trader.
00:09:30.300 He didn't run a hedge fund.
00:09:31.160 He's not a Scott Besant who understands about currency, understands the importance of currency.
00:09:37.200 But the – so the markets have been in turmoil and people are freaking out.
00:09:41.520 But today the market's up 800 points, maybe 1,000 points here shortly.
00:09:46.320 You know, these markets have bounced around.
00:09:48.280 Why is it responding today?
00:09:49.980 And what did Charlotte Howard of The Economist say that was so important?
00:09:54.020 Markets are responding because things like the headline in the Financial Times of London, Beijing warns against – of retaliation against nations with U.S. deals.
00:10:04.940 Right now it's being reported that, you know, Scott Besant leading this effort with East Asia, with Japan, with South Korea, with India and South Asia, with Vietnam.
00:10:16.560 Now they're talking about Thailand, the Philippines, that these East Asian countries are all over at least coming to terms of greed, memorandums of understanding, terms of greed, not the detail and all the complications you need for non-trade barriers.
00:10:32.980 Remember, it's not just about tariffs, not just about the number, oh, theirs is 30 percent and ours is 10 percent.
00:10:38.820 It's also about reciprocity, reciprocal tariffs.
00:10:43.340 Is President Trump bringing in for the conversation for the first time all the non-trade barriers of being essential?
00:10:49.140 You're not going to get final trade deals, but you are going to get the architecture of that.
00:10:54.480 And the Chinese Communist Party understands that one of the central parts of these deals is that the center of gravity of your trade will be with the United States.
00:11:04.220 So President Trump is changing, completely changing the commercial relationships throughout the world.
00:11:12.560 And as the market sees that that's happening, you're having a positive response.
00:11:17.120 And I'll get to gold in a second.
00:11:18.340 Gold at 34, almost 3,500 bucks today.
00:11:21.720 And we'll talk about that, the explosive growth of gold.
00:11:24.640 Gold, the fly in the ointment, what Charlotte Howard said last night, which I think is the first time someone in her position as the U.S. editor of The Economist came out and said, hey, what the markets are looking at is that you're engaged in a full economic war.
00:11:41.660 Remember, as we stand right now, as I've said, we're almost with a full embargo on Chinese goods.
00:11:47.740 And, you know, Chinese goods, they manufacture so much because we've shipped the jobs and gutted and hollowed out American manufacturing, that full embargo will have an impact.
00:11:59.580 There's no doubt about that in 90 to 120 days.
00:12:03.340 What Charlotte Howard's saying is that engaging in the trade war and engaging in this tariff war is one thing.
00:12:08.800 And you can clearly see President Trump's the pattern because you have to get to some sort of relationship with China that is not one-sided like China's had it.
00:12:19.640 Remember, they tore up President Trump, the Lighthizer deal that Trump worked on for two years back in 2019 and May of 2019, which would have solved all the issues and integrated China really into the world economy.
00:12:30.700 This is clearly a decoupling process, but you have to go through the decoupling and make sure it's not completely smash-mouth so that both economies implode.
00:12:40.800 And this is what President Trump and Besson, I think, are doing magnificently.
00:12:44.060 Now, what you can't do at the same time, and this is what Charlotte Howard brings up and what we've been harping on, and she used the word irresponsible.
00:12:52.400 The debt ceiling, I understand, or what they're talking about is to increase the debt ceiling by $5 trillion.
00:12:58.760 We cannot have, you can't have the $6.5 trillion spend or the $7 trillion spend.
00:13:06.760 You pick your number that they're talking about in these budgets.
00:13:10.360 The Doge situation, you know, whether you're a fanboy of Elon Musk and think he did a great job or you think he's just all a waste,
00:13:16.720 we have not identified to date, in fiscal year 25, not one penny of waste, fraud, and abuse.
00:13:24.100 Just make sure you understand that.
00:13:25.280 He promised a trillion.
00:13:27.640 Hey, I'm a big supporter of the Doge effort.
00:13:29.760 He came back to the cabinet meeting last week.
00:13:32.700 Remember that?
00:13:33.300 And at the cabinet meeting, he says it'll be $150 billion, but it'll be in fiscal year 26.
00:13:37.600 That starts in October.
00:13:39.460 So, therefore, you have to get back to programmatic budget cuts, and that has to start in the Pentagon.
00:13:45.840 If you don't start in the Pentagon, it's not going to go anywhere.
00:13:47.760 This is one of the reasons I think you see such deep state friction over at the State Department, over at the Defense Department.
00:13:57.600 There's two things going on.
00:13:58.840 One, a realignment of national security around a hemispheric defense.
00:14:03.040 Number two, there's going to be massive, you know, Doge to date hasn't come up with any waste, fraud, and abuse,
00:14:07.600 which obviously is not the case in the Pentagon.
00:14:10.160 But programmatically, you kind of have to have a deep, deep rethinking of what we're doing.
00:14:17.620 We can't spend a trillion dollars.
00:14:19.220 The defense authorization budget is $900 billion.
00:14:22.280 They're adding in the reconciliation another $150 billion.
00:14:27.260 It gets over a trillion.
00:14:28.660 We can't do it.
00:14:29.520 We can't afford it.
00:14:30.320 We can't finance it.
00:14:31.500 And that's why you're seeing these markets, particularly in the bond market.
00:14:34.700 And remember, we've told you time and again, the bond market gets a vote here.
00:14:40.200 Okay, short commercial break.
00:14:41.880 We're going to break this down in even more detail in the next segment of The Word.
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00:16:11.260 Here's your host, Stephen K. Bannon.
00:16:18.640 Okay, welcome back.
00:16:21.160 As we were speaking, just received from the free press, Secretary of State Rubio has announced the official reorganization of the State Department.
00:16:32.400 It's a bombshell, folks.
00:16:34.320 A great first start along statutory lines.
00:16:36.980 Grace and Moe just got it to you if you would push that out to everybody in the war room posse.
00:16:43.440 You got Pete over at defense.
00:16:45.980 You have Senator Rubio at state.
00:16:49.680 You have Tulsi Gabbard at D&I.
00:16:52.060 You got Ratcliffe at CIA.
00:16:53.920 You know, Pam Bondi at Justice.
00:16:57.060 Cash at FBI.
00:16:57.860 The point of the exercise of those three verticals we saw and everything that has to happen and come together with those departments.
00:17:05.280 In addition, the other exercise we're going through is the deconstruction of the administrative state and taking on the deep state, which we believe needs a sense of urgency.
00:17:14.480 What you see in Secretary Rubio, what is announced here, and want everybody to read it, including a couple of great org charts, is he's taking down the State Department, which people have talked about for 50 years, 60, 80 years, 100 years.
00:17:28.920 They've been bitching about the State Department in the 1950s.
00:17:31.100 Remember, the State Department is what turned over China to Mao Zedong because they were infested with communists.
00:17:40.160 First, this gets to the whole McCarthy situation.
00:17:44.220 Remember, McCarthy started on who lost China, a new book out by another lefty, Red Scare, recommended by Rachel Maddow.
00:17:51.520 It shows how they totally warp what really happened post-war and in the Cold War.
00:17:58.920 Actually, I would say what President Trump is doing with this reorganization is not just the greatest repositioning since the end of World War II.
00:18:06.840 I actually think from the beginning, the August of 1914.
00:18:12.320 But President Trump is essentially ending World War II, at the same time ending the start of World War III, appropriately.
00:18:22.360 The reorganization of the State Department, now you see out, deals with statutory levels.
00:18:30.080 Executive orders are only for a point in time.
00:18:32.660 These institutions were created by statute.
00:18:36.820 One of the reasons they're going in the court and slowing this down is saying, hey, you're not filing the statute.
00:18:40.960 You're just kind of freewheeling it.
00:18:42.240 OK, if that's the game you're going to play and the courts are going to get involved here and thwarting President Trump's Article II powers, the unitary theory, the executive, executive theory, boom.
00:18:52.820 Then get Marco, get Rubio to restructure the State Department, which people and from Reagan, all conservatives since World War II have bitched and moaned about taking apart the State Department.
00:19:06.480 Donald Trump has just done it along statutory lines.
00:19:10.780 Is it perfect?
00:19:11.660 No.
00:19:12.120 Is it pretty damn good?
00:19:13.460 Yes.
00:19:13.780 132 agencies, all these different things the State Department has involved themselves in.
00:19:20.040 And this is the way programmatically, remember that word, that you start cutting costs.
00:19:26.020 Pete Hegsitt is trying to get that rolling in the state over at the Pentagon, and it's been thwarted.
00:19:32.040 Let me play the Pete, and I got D.C. Drano, and D.C. Drano had a brilliant tweet up today about what I was talking about before.
00:19:38.520 They're fighting us on the criminal aliens, hopefully not to a standoff.
00:19:44.520 We're going to get that.
00:19:45.240 But what they're really thinking of is the strategic goal of not deporting 10 million illegal alien invaders, which has to be done, or you don't have a country.
00:19:55.960 That's the stakes of this.
00:19:57.020 Let's play the Pete Hegsitt.
00:19:58.220 Can I play the Pete Hegsitt's Deep State?
00:19:59.880 And you'll see what people are fighting about and why we're on with Tom Fitton and others saying, hey, we need a sense of urgency to go after this.
00:20:06.840 Let's go ahead and play it.
00:20:07.520 You take this job, you come in with war experience and your great background.
00:20:12.140 Do you think there's a lot of people who don't want you there, and there's some type of steep, deep state forces that want to make sure you don't stay there?
00:20:21.940 They've come after me from day one, just like they've come after President Trump.
00:20:26.440 I mean, I've gotten a fraction of what President Trump got in that first term.
00:20:30.160 What he's endured is superhuman.
00:20:32.720 It's not hard for me to do this job.
00:20:34.160 I know exactly why I'm here, to bring warfighting and the warfighting ethos back to the Pentagon, to rip out the insidious ideologies and not compromise and not back down, to bring in new press voices into the Pentagon, which we've done.
00:20:48.720 To reestablish standards and accountability, to not tolerate leakers, to 100% operational control of our border, to get rid of trans lunacy in the military.
00:20:59.740 We haven't backed down.
00:21:01.240 See, here's the thing.
00:21:01.940 A lot of people come to Washington, and they just play the game, and punch their ticket, and get along to go along, and start doing meet the press, and going to the Council on Foreign Relations, and spending time with all the new cocktail sipping crowd.
00:21:16.500 That's not why I'm here.
00:21:17.560 I'm here because President Trump asked me to bring warfighting back to the Pentagon every single day.
00:21:24.040 That is our focus.
00:21:25.140 And if people don't like it, they can come after me.
00:21:28.340 No worries.
00:21:29.240 I'm standing right here.
00:21:30.560 The warfighters are behind us.
00:21:32.040 Our enemies know they're on notice.
00:21:33.760 Our allies know we're behind them.
00:21:35.440 And that, in this dangerous world, for the American people, is what it's all about.
00:21:41.420 You see right there, he's in the breach.
00:21:43.980 And they're coming after Pete Hegseth.
00:21:46.260 So, not today.
00:21:47.880 Maybe the days you get Bill Blaster, you get some of the tools that Grace and the rest of the team have made available to you.
00:21:53.760 We're not going to go to the ramparts today.
00:21:55.900 We're going to think this through to have Pete's back.
00:21:58.800 But Pete Hegseth is in the middle of the fight.
00:22:00.480 And you've seen the leaks that are going on in the deep state.
00:22:03.700 He's only beginning the beginning process of the reorganization.
00:22:07.360 Look, you know, I'm as big a hawk as you got.
00:22:10.340 The Defense Department's budget's got to be cut.
00:22:13.340 You have to show a signal that this thing's not going to be.
00:22:16.400 And with the hemispheric defense, the new strategic concept that President Trump has from Panama to Greenland, the Pacific and the three-island chain, and it's also talking about, I don't know, an iron dome of some sort of aspect or an anti-ballistic missile.
00:22:31.280 You hermetically seal the United States all the way from the Arctic, the new great game of the 21st century, the great power struggle in the Arctic.
00:22:37.440 It sounds like your focus is less on the Eurasian landmass as it should be.
00:22:44.720 In fact, you're not isolations but putting America first and America's citizens first and America's national security first.
00:22:51.740 D.C. Drano.
00:22:52.580 Let me – I want to get D.C. Drano up without playing the cold open.
00:22:55.640 I may come back to that.
00:22:56.380 D.C. Drano, tell me about your worry here, sir, with your legal mind.
00:23:00.720 You're quite worried about this fight we're having in the courts, in the Supreme Court, and everything that's going on every second of every day.
00:23:08.800 The Democrats have now had the back of the MS-13 gangs.
00:23:12.040 But you're taking a broader picture and saying, hey, if it's – they're throwing down on this because they want to stall, stop, or have us forget about the deportation of 10 million illegal aliens.
00:23:24.100 D.C. Drano, your thoughts?
00:23:25.400 Why did you put that tweet up this morning?
00:23:27.040 Well, you're starting to see what their plan was, right?
00:23:31.160 They're rendered effectively powerless in the federal government.
00:23:35.160 The only thing they have are these insurgent Marxist judges that they stacked the judiciary with over the last few years.
00:23:42.260 And they're doing their job.
00:23:43.940 These people are agents of the Marxist movement.
00:23:46.360 Their goal is to weaken and destroy America from within so that we can effectively be taken over by foreign powers.
00:23:52.240 And we're seeing, as you said, that the tactic is to delay.
00:23:57.780 And to delay is to deny.
00:23:59.720 Now, President Trump ran on building a wall in mass deportations not once, not twice, but three times.
00:24:07.300 And if he does not do these mass deportations despite the adversity from this deep state, his base is going to soften.
00:24:17.240 People aren't going to show up in the midterms, and then the Democrats are going to take the House, and then he's going to get impeached again.
00:24:23.440 And –
00:24:23.560 Okay, hang on.
00:24:24.520 Slow down.
00:24:24.940 Hang on.
00:24:25.720 Walk me through that process.
00:24:26.780 I want to go back because you know we're the platform for the mass deportations.
00:24:32.460 What are you saying?
00:24:33.400 What are you telling the audience that you think that unless President Trump continues to push hard on this or just – because you're getting all kind of signals.
00:24:41.140 They're just going to focus on the criminal aliens.
00:24:43.600 So walk me through what you're specifically saying because I think it's a – you're putting up a flare that we need to put up now so that people are focused on this.
00:24:51.280 But walk me – go back and walk me through that process.
00:24:53.380 I am, Steve, and I'm very much in the internet, right?
00:24:57.920 I see what the base wants, and they want three things.
00:25:01.760 They want deep state saboteurs and Epstein clients arrested.
00:25:06.020 They want mass deportations, and they want to codify the Trump agenda into law to have a strong economy.
00:25:12.920 And what I think their tactic is is to slow these deportations down because people are already complaining.
00:25:19.800 They're saying, you know, where did the ticker counter go?
00:25:21.980 Why are we only focusing on cartel guys, and now we're getting stopped by the courts?
00:25:26.680 But I'm saying this not to criticize but to highlight how we need to start taking more drastic measures.
00:25:35.400 And, you know, it's an 80-20 issue.
00:25:37.820 People support deporting illegal aliens, especially MS-13 and cartels.
00:25:42.240 The judges have shown their cards.
00:25:45.420 They're going to gum up the tracks as much as possible, even the Supreme Court, unfortunately.
00:25:50.140 What can we do?
00:25:51.660 There are multiple things we can do, including executive orders for e-verify and other regulations to have immigration enforcement enacted that would push people to self-deport.
00:26:03.340 But I also argue we should consider suspending the writ of habeas.
00:26:07.260 And that is a constitutional power that the president can use in the event of rebellion or invasion.
00:26:12.720 It has been done before.
00:26:14.200 It can be done with the stroke of a pen.
00:26:15.920 And we can start to take more drastic actions to deport illegals, especially the cartels, without judicial overview, without the courts getting involved.
00:26:28.400 And it's been done by three presidents, to my knowledge.
00:26:31.440 Hang on.
00:26:31.620 Don't bury the lead.
00:26:33.480 Don't bury.
00:26:33.880 You just dropped a bomb there.
00:26:34.980 I want to go back because as I compare President Trump to General Washington and to Abraham Lincoln, both General Washington wanted to use that a couple of three times.
00:26:47.740 And Lincoln did use it, right?
00:26:50.580 Lincoln suspended habeas corpus a lot, including at the beginning of the war with the city council of Baltimore.
00:26:58.620 Walk me through.
00:26:59.200 We've got 30 seconds I want to hold you through.
00:27:01.180 Walk me through.
00:27:01.940 You want to suspend habeas corpus?
00:27:03.840 How are you going to do that?
00:27:05.040 Is that autocratic breakthrough or is D.C. Drano going full Nazi on me?
00:27:10.580 No.
00:27:11.140 It's a constitutional power that is explicitly reserved for an event of rebellion or invasion.
00:27:17.680 I would say 10 to 20 million illegal aliens coming into this country counts as an invasion, especially when many of those illegal aliens are coming from hostile adversaries like China, like Ukraine, like other Venezuela, the trend of Aragua.
00:27:34.400 They're being sent by these governments.
00:27:36.100 We have to take drastic actions.
00:27:38.100 And frankly, I think the American people are fed up and they'd be willing to do this in limited circumstances.
00:27:44.200 Okay, hang on for a second.
00:27:45.960 I'm going to hold you through.
00:27:47.240 D.C. Drano, what's the solution?
00:27:48.800 His heads are going to blow up on this.
00:27:50.940 Gold's over 35.
00:27:51.980 Remember, it's not the price.
00:27:53.380 It's the process.
00:27:55.260 Take your phone out.
00:27:56.080 Text Bannon, B-A-N-N-O-N, at 989898.
00:27:59.860 That'll put you in contact with Birch Gold.
00:28:01.620 You get the ultimate guide for investing in gold and precious metals in the era of Trump.
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00:28:10.020 Put you in touch with Philip Patrick.
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00:29:18.620 That's MyPatriotSupply.com.
00:29:20.920 Here's your host, Stephen K. Vann.
00:29:25.460 Okay, Birch Gold.
00:29:29.640 What the economist woman was talking about at the beginning about the spending is about the survival of the dollar as the prime reserve currency.
00:29:39.100 Yes, we have to have a national debate about that, whether we want to do it or not.
00:29:44.360 It has tremendous benefits, but it requires tremendous responsibilities.
00:29:48.060 What does the Spider-Man say?
00:29:49.000 With great power goes great responsibility, but that's when you're the prime reserve currency.
00:29:53.860 Go to BirchGold.com.
00:29:55.400 End of the dollar empire.
00:29:56.660 Totally free.
00:29:57.620 Six installments.
00:29:58.800 We're working on a seventh to get ready for Rio.
00:30:01.760 Last one is modern monetary theory.
00:30:03.900 We always want to give you the idea, and then we'll show you how it executes in the real world.
00:30:09.040 Modern monetary theory.
00:30:10.220 Go to BirchGold.com and talk to Philip Patrick and the team.
00:30:14.720 He's going to set another all-time high today.
00:30:16.780 It's not about the price.
00:30:18.320 It's about the process of how it got there.
00:30:20.240 Once you understand that, boom, you're going to be ready to face the world.
00:30:24.860 D.C. Drano.
00:30:25.740 Look, nice theory, brother.
00:30:27.600 To habeas corporates, I got one wrinkle.
00:30:30.300 And this is how the deep state rolls.
00:30:32.840 They dropped over D&I, unbeknownst to Tulsi, they leaked, a national intelligence estimate
00:30:39.260 that showed clearly that there's been no invasion by any foreign power.
00:30:45.660 The Venezuelans, in fact, not in back of MS-13 or Trendy Aragor or anything.
00:30:52.880 They cut your legs out for money.
00:30:54.480 This is how the deep state rolls.
00:30:56.400 So tell me what you do there.
00:30:57.600 You're a smart lawyer.
00:30:58.500 You've got—it's not an official report, but I think it's a draft or advanced draft.
00:31:02.680 They leaked it.
00:31:03.760 What do you do when your own intelligence apparatus around the president is trying to undercut him
00:31:09.640 so he has no standing in the court when he does exactly what you say he has to do,
00:31:14.220 which is suspend habeas corpus and start rolling him out of here, brother?
00:31:18.300 Well, is that the same deep state that indicted him four times?
00:31:21.160 We don't care what they say, okay?
00:31:22.760 We have common sense.
00:31:23.880 We watched our country be invaded for four years by 10 to 15 million illegal aliens, many
00:31:29.620 of them men of fighting age, okay?
00:31:32.520 And when I say suspend the writ, not only is this a constitutional power in Article I, Section
00:31:37.020 IX, but we're not even suspending it for American citizens, okay?
00:31:41.520 There's none of that.
00:31:42.520 These are illegal aliens.
00:31:43.720 They do not have a right to be here.
00:31:45.640 They get deported.
00:31:46.700 If the courts want to stop us, we go around the courts by using constitutional authority to
00:31:51.180 do so.
00:31:52.040 And the president who used this the most is the Democrats' favorite president of all time,
00:31:56.540 FDR, okay?
00:31:57.880 FDR used it.
00:31:59.220 Abraham Lincoln used it.
00:32:00.580 And Ulysses S. Grant used it.
00:32:01.960 And you know what?
00:32:02.720 All their faces are on our money, okay?
00:32:05.680 They ended up being pretty good-looking in historical hindsight.
00:32:10.340 And Trump has the chance to do that.
00:32:11.840 We have to normalize this.
00:32:12.980 You cannot allow 20 million illegal aliens to invade our country and allow them to stay.
00:32:18.580 This is an invasion.
00:32:19.920 That is what an invasion is.
00:32:22.060 Time to start taking drastic action.
00:32:24.380 I understand what President Trump is doing.
00:32:25.980 He's going through the process.
00:32:27.600 He's exposing that Democrat Marxist judges are going to stop him every step of the way.
00:32:32.300 At a certain point, I feel he's going to have no decision but to do this.
00:32:36.000 And you know what?
00:32:36.560 If he stands strong and he does it, he'll win in a landslide in the midterms because this
00:32:40.500 is what Americans want on both sides of the aisle.
00:32:42.760 Talking about the deep state, Justice Department, when are we going to start seeing the – because
00:32:49.600 Pete Hexas is talking about, hey, there's some investigation over the Pentagon.
00:32:53.020 They're going to forward it to the Justice Department.
00:32:54.600 Hey, Pete, no matter what's happening over the Pentagon, the Justice Department should
00:32:58.500 have 50 things in front of – in the queue in front of that, including the Epstein files
00:33:04.280 and so many other things with Brennan, the 51.
00:33:07.680 What are your thoughts on – what kind of progress are we making on that since you were part
00:33:12.260 of the fiasco that the White House had under Pam Bondi?
00:33:15.640 Where do we – I know it's high on your priorities.
00:33:17.460 So where do we stand on that, sir?
00:33:20.280 Listen, I held up that binder because I want Epstein clients arrested.
00:33:25.760 And I thought there were more things in that binder than there apparently were.
00:33:28.840 We didn't have time to review it.
00:33:30.280 But I can tell you, everyone on the MAGA side, we want deep state arrests.
00:33:35.380 Give us something.
00:33:36.660 Give us one.
00:33:37.360 You don't have to arrest the entire Epstein client list tomorrow, but start somewhere.
00:33:42.000 Give us one.
00:33:43.220 I'm personally of the belief that it's been long enough where you can at least get one or
00:33:47.180 two at this point.
00:33:47.960 I understand it takes time to get used to the controls and figure out who your allies
00:33:53.700 are and build a case.
00:33:55.640 But come on.
00:33:56.920 I mean, it's been a few months at this point, and people want arrests.
00:34:01.140 I want arrests.
00:34:01.760 You want arrests.
00:34:02.340 We all want arrests.
00:34:04.520 DC Drano, where do people get you online, sir?
00:34:07.000 What's your handle?
00:34:08.660 At DC Drano.
00:34:09.840 I'm on all the platforms.
00:34:11.880 And yeah, listen, I know they're in a den of vipers in these organizations.
00:34:17.180 But if you want to, we will support the hell out of you.
00:34:21.000 We have a massive independent media ecosystem.
00:34:23.860 If you start fighting for us, we will start fighting for you.
00:34:26.480 That's where we're at.
00:34:28.080 So let's start putting handcuffs on wrists and showing that justice is real again in this
00:34:33.040 country.
00:34:34.500 Amen.
00:34:35.160 Thank you, DC.
00:34:35.840 Appreciate you.
00:34:36.500 Okay, we got to open Ben Harnwell's at St. Peter's Square right now.
00:34:41.640 Let's go ahead and play the call over and bring Ben in live from the Vatican.
00:34:47.460 Blessed are the meek.
00:34:49.200 Juxtapose that, though, John, with how different that is with where we are as a society right
00:34:56.380 now.
00:34:56.600 Not just Americans, but Europeans around the world.
00:34:59.900 How this anti-immigrant movement has risen up.
00:35:03.040 Well, you have a pope who over and over made it his mission to talk about the importance
00:35:08.620 of protecting those who are most vulnerable.
00:35:13.000 Well, you have, you know, democracy and Christianity.
00:35:15.680 And this is not to get into Christian nationalism and the often unhealthy blending of faith and
00:35:23.120 power politics.
00:35:24.400 But democracy and Christianity have a great deal in common.
00:35:29.420 It requires us to see one another as fellow children of God.
00:35:34.280 And that may sound grand or soft somehow, but that is, in fact, the motive force of democracy.
00:35:43.720 If I don't respect you and your dignity before the law and you don't respect mine, then we fall
00:35:51.760 into a state of nature.
00:35:53.860 We fall into a struggle, a constant battle to get what we want.
00:36:01.020 And the message, both of the Hebrew Bible and the New Testament, is that you can't simply
00:36:08.820 take everything you want when you want it, that there is, in fact, a hierarchy of affections,
00:36:15.180 that we have to control our appetites.
00:36:17.680 And in doing so, we all have a better chance of filling those appetites.
00:36:22.780 So it's not just about being great people, but it is about seeing one another in a way
00:36:29.620 that enables us to at least, if we don't love our neighbor, we should at least try.
00:36:37.280 Was that Stephanie Ruhl quoting the Sermon on the Mount, Blessed are the Meek?
00:36:41.640 Wow.
00:36:42.720 TV history.
00:36:43.840 Ben Harnwell, you're in the Vatican or outside the Vatican or in Vatican City State, I guess,
00:36:50.740 close to St. Peter's, with some scoops.
00:36:54.900 Walk us through everything that's happening, sir.
00:36:58.240 Morning, Steve.
00:36:59.020 Well, yesterday, standing on this very spot, I took the footage of St. Peter's Piazza and
00:37:06.060 I indicated live on air that against all the mainstream media interpretation that was pumping
00:37:12.580 out the propaganda hard yesterday, there was no great sense of grief here, no great sense
00:37:19.300 of sort of bewilderment, what shall we do now?
00:37:21.800 Our beloved Pope is dead.
00:37:23.800 I said that beneath the apostolic palace there, right over my shoulder, and there were no nuns
00:37:29.920 there kneeling on the ground, praying the rosy with tears, screaming down their little
00:37:34.960 faces.
00:37:35.380 And, Steve, I was ripped a new one on social media after posting that.
00:37:40.680 People said, you know, where's your compassion, Han?
00:37:43.860 They're saying, look, I've been to St. Peter's, it's not what you're saying.
00:37:48.780 And, of course, when I pushed back, it is exactly what I said.
00:37:51.260 However, there is something that cooperates the war room's unique coverage.
00:37:57.320 And that is, again, there would be very kind in this letter that a number of Roman sources
00:38:03.480 had sent to me this morning.
00:38:06.040 As I'm talking, I'll explain the significance of this.
00:38:09.300 This is Cardinal Ray, the dean of the council.
00:38:13.560 Thanks, guys.
00:38:15.260 He's basically, this letter went out yesterday, Steve, summoning all the cardinals at whatever
00:38:19.800 age to participate in what's called the general congregations.
00:38:24.300 When has he summoned them to do this?
00:38:26.040 It's from nine o'clock this morning.
00:38:29.380 So, Bergoglio dies yesterday, and already the cardinals have been summoned in.
00:38:34.760 And part of the discussion will be the date of the conclave.
00:38:39.060 We know it's going to be between 15 and 20 days after Bergoglio's death.
00:38:43.460 Of course, by majority vote, they can change that.
00:38:45.880 But here's the point, Steve.
00:38:47.520 This is the killer point here.
00:38:49.100 I've checked, right?
00:38:52.520 Since I got that letter, I've checked.
00:38:54.160 I can't find a single case in any death of a pope where the general congregations have
00:39:00.480 been summoned for the next day.
00:39:01.620 In JP2's case, out of respect, he died on the 2nd of April.
00:39:07.440 The first general counsels were on April the 4th, two days later.
00:39:12.040 Benedict was four days after his term of opium when he resigned.
00:39:18.680 I've never found a single instance.
00:39:21.800 Do you know why?
00:39:22.640 Because it's unseemly.
00:39:24.780 It's unseemly.
00:39:25.640 We are in the nine-day, the novembiales, the nine-day period of official mourning right
00:39:31.340 now.
00:39:31.860 The funeral's going to be on Saturday.
00:39:34.140 He's going to be transferred to the Vatican, the basilica, right over my shoulder there,
00:39:40.000 for three days' worth of public hearing.
00:39:41.760 And already the cardinals are gathered together from this morning, and they're going to be
00:39:47.800 gossiping and choosing their successor.
00:39:50.180 So when I say, Steve, as I did on air yesterday, that the rope for the Romans, it was just an
00:39:56.920 ordinary Monday, an ordinary sunny April Monday, and there was no great sense of grief.
00:40:03.020 Behind the papal walls, amongst the cardinals, it's even more clinical.
00:40:08.140 So, folks, make of that what you will.
00:40:10.020 But I will close this with this point.
00:40:11.280 And if you're following American cable news, and they're all saying that, you know, that
00:40:15.480 the Pope was beloved for his humility, and he was a reformist, and all the rest of the
00:40:20.920 nonsense propaganda, please bear in mind that those closest to him, and you can work out
00:40:26.520 in concentric circles, those closest to him working out are the least moved by his death
00:40:33.080 yesterday.
00:40:36.220 What does this mean for conservative Catholics and traditional Catholics that want to have
00:40:40.860 a show of force and make sure that we can blunt, you know, any someone farther to the
00:40:47.260 left of him or somebody as dangerous as Perilyn taking over?
00:40:50.500 Or as even John Yep said yesterday, which I think is the scariest, a moderate or somebody
00:40:54.860 that comes in like a wolf in sheep's clothing.
00:40:57.060 What is it going to take for Cardinal Burke and others, Cardinal Sarah, to make sure people
00:41:04.340 know that they have a big backup here of traditional Catholics, particularly in the United States?
00:41:10.180 Well, firstly, firstly, yeah, the war room posse can hit the phones, hit the Vatican switchboard
00:41:16.680 and start leaving messages of support for people like his eminence, Cardinal Burke, Cardinal Zen.
00:41:24.820 Cardinal Zen doesn't have a vote, but he'll certainly make his voice known in the informal settings of the general congregations.
00:41:33.400 Before I start to speak to the Cardinals, like Cardinal Sarah you mentioned, and say, look, we're with you, we're praying for you.
00:41:39.940 Please do what you can. But Steve, you want to know the truth? And your question was perfect, by the way.
00:41:43.740 There's a number of journalists who have reached out to me today and say, look, who are the Conservatives lobbying for?
00:41:47.980 And my response is, it's not, we're not there, right? Don't even start on that line.
00:41:53.280 At best, it can be, the Card, the Conservative block vote can be a blocking instrument.
00:41:59.960 But, you know, I don't even think the numbers are there for that.
00:42:02.700 I'll pick up, I know, I'll pick up on one thing. I know Cardinal Parolin.
00:42:06.500 I know him personally, by the way. I know he gets a bad press on the war because of the China deal.
00:42:14.640 And that's fair enough. But he is by no means the worst possibility that might come out.
00:42:20.760 By no means he's the worst that could come out of the conflict.
00:42:24.780 There's a lot worse than him. The sharks that are a lot worse than him,
00:42:29.040 sensing the blood in the water, are ferocious.
00:42:31.600 As I say, they're already plotting today. The corpse, Steve, isn't even cold.
00:42:37.420 And they are already plotting politically to move quickly to get their guy in.
00:42:41.960 So, look, just folks, pray. Protestants, Catholics, pray.
00:42:46.200 Hey, where do people get you, Ben, for all day coverage?
00:42:51.000 Where's your social media? Where do they go?
00:42:52.200 It's my social media platform, Troy, Steve.
00:42:56.960 Get her. And go there, folks.
00:42:59.260 At Harnwell's my profile. At Harnwell's my surname.
00:43:02.520 Go there. I've got some great hosts there waiting for you at the top of the feed.
00:43:05.560 Thanks, Steve. God bless. Catch up with you tomorrow.
00:43:08.300 Yeah, magnificent coverage. We're going to be wall-to-wall on this.
00:43:10.980 We'll develop this more tomorrow.
00:43:13.660 Short commercial break. Back in the warm in just a moment.
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00:44:40.040 Here's your host, Stephen K. Vance.
00:44:44.200 Okay, the next hour, we're going to do something special.
00:44:47.080 Glenn Beck's going to join us for the entire hour, and Real America's Voice is going to allow us to go commercial-free.
00:44:52.600 We're going to talk about Glenn Beck, about the beginnings of a show, and the importance.
00:44:55.480 He was one of the first guys, if not the first guy on television, to actually, back in 2010, I think it was, 2008, 9, 10, to warn about debt, to worry about the financial crisis.
00:45:10.640 So we're going to talk a lot about that and get his thoughts on that.
00:45:14.020 So 10 o'clock. We're going to start at 11 o'clock. He'll be coming on here in a minute.
00:45:17.320 There's so much going on. Five to seven is going to be insane tonight.
00:45:22.220 We are jammed up with so many stories, not just around the world, in Korea, in Brazil.
00:45:27.680 Things obviously happen in the Vatican, but also the full-out assault on President Trump from the deep state and the courts.
00:45:35.240 So we'll get all that, and we'll have an update on the finances.
00:45:38.840 You know, people love the geopolitics and capital markets. We do.
00:45:42.320 So make sure, first of all, Birch Gold. Go to Birch Gold and get the End of the Dollar Empire.
00:45:51.080 This is with the run-up to Rio, the Rio Reset, which we're going to come up with something very special on that.
00:45:58.220 Make sure you're up to speed on everything.
00:45:59.780 Birchgold.com slash the End of the Dollar Empire slash Bannon End of the Dollar Empire.
00:46:06.180 Gold going to hit, looks like, another all-time high today.
00:46:09.240 It's not the price. It's the process.
00:46:11.400 That's where we're here to teach you.
00:46:14.340 Okay, Catherine, Catherine's joining us.
00:46:17.520 Catherine, you were at the State Department.
00:46:19.700 You've got a first shot at this free press article on Secretary of State Rubio's restructuring.
00:46:25.460 Give me a minute on that.
00:46:26.640 So you were there in the darkest days.
00:46:28.460 You went over first in 17 and, I think, 18 to the State Department.
00:46:33.520 You were taking nothing but incoming there all the time.
00:46:36.320 What do you think about this first cut at a major reorganization in the State Department?
00:46:41.400 Oh, thanks, Steve, so much for having me.
00:46:45.420 This is long overdue.
00:46:47.300 And I actually was in the office that they're doging, called J, the Office of Civilian, Security,
00:46:53.760 and Human Rights, which is an office that's totally out of control with spending and priorities that are just not in alignment with the president's agenda.
00:47:03.920 And actually, we attempted to do this in the first term, but Mike Pompeo was the one that stopped us.
00:47:11.820 OMB was behind us.
00:47:13.620 Rust was behind us in the first term.
00:47:15.900 So it's great news to see that Secretary Rubio is taking a stab at this.
00:47:21.400 And it's also really important that this drumbeat on the outside from the MAGA base supporting Doge in their efforts is strong because Secretary Rubio is responding to that.
00:47:34.160 So, and this is not perfect.
00:47:37.620 We'll have you back on next week, Catherine, to talk about this.
00:47:40.040 This is not perfect, but it's a first cut.
00:47:41.940 It's to take it down to its statutory limits.
00:47:43.880 I understand there's people, and that's where the EO came from.
00:47:46.840 There are people in MAGA that want to basically shut down the entire State Department.
00:47:50.860 Legally, President Trump, I think, realized he can't do that now.
00:47:53.060 I know, Catherine, you've got some very strong opinions about what ought to happen as you were there, and you saw the problem over at Foggy Bottom.
00:48:01.080 But, Catherine, instead of going to Florida and running for Congress, you went out to Wyoming and created a great company.
00:48:07.380 Tell me about it.
00:48:08.320 Absolutely.
00:48:09.400 Yes, now I'm the CEO founder of Merriweather Farms, which is a vertically integrated beef company in the great state of Wyoming.
00:48:16.420 And as you can see behind me, our wonderful employees are actually cutting the meat that you guys buy from us.
00:48:24.800 So, we're very transparent.
00:48:26.380 We want people to learn and know where their food is coming from.
00:48:30.020 And today, we're offering a special on our spring barbecue box.
00:48:34.460 It's $30 off.
00:48:35.960 No discount code required.
00:48:38.100 It's grilling season, except, of course, if you live in Florida.
00:48:41.040 But it's grilling season is upon us, so we want to offer you this special to get some of my favorite cuts in this box.
00:48:48.060 And we're also doing a burger blowout, which you guys ask for all the time.
00:48:53.600 So, walk us through.
00:48:55.100 Give us 30 seconds on the burger blowout.
00:48:57.220 What are folks supposed to do?
00:48:58.760 Yeah, yeah.
00:48:59.700 So, I've mentioned many times before, I keep about 50 to 75 pounds of ground beef or burger in my beef freezer at all times.
00:49:07.880 It's a cut that you can cook in just about any recipe.
00:49:13.060 And it's high quality.
00:49:15.080 You can really taste the difference from the grocery store.
00:49:18.120 We dry age 14 days.
00:49:19.800 You can really taste that flavor.
00:49:21.940 So, you guys ask for it all the time.
00:49:24.100 And we want to make sure that we're taking care of the war room saucy, first and foremost.
00:49:31.020 Catherine, where do people go?
00:49:32.260 If they want to go get these great deals, where do they go right now?
00:49:35.400 Absolutely.
00:49:35.800 Absolutely.
00:49:36.480 Merriweatherfarms.com.
00:49:38.220 And it will be right on the homepage.
00:49:40.580 You'll see the burger blowout.
00:49:42.040 There's also a spring barbecue box.
00:49:43.900 And the discounts are already baked in, so no need for a promo code.
00:49:47.480 There's the spring barbecue box.
00:49:49.380 It's a great blend of cuts.
00:49:53.820 Fabulous, ma'am.
00:49:54.480 Keep fighting.
00:49:55.040 I'm going to have you back on to break down and get your opinions and observations after you've time to read.
00:49:59.980 It just came up on the free press.
00:50:01.000 It's the restructuring of the State Department under Secretary of State Marco Rubio with the guidance from President Trump.
00:50:06.240 Thank you, ma'am.
00:50:07.540 Appreciate you.
00:50:09.220 Have a great day.
00:50:09.880 Rickardswarroom.com.
00:50:11.360 You like geopolitics and capital markets.
00:50:14.040 Get strategic intelligence.
00:50:15.940 Rickardswarroom.com.
00:50:17.560 Just go there today.
00:50:18.600 You get strategic intelligence, the great newsletter.
00:50:20.700 Plus, he throws in a free book.
00:50:23.040 Capital markets, currency, money, and chat GPT.
00:50:26.260 Totally free.
00:50:26.880 It'll scare the lights out of you about artificial intelligence, but it's supposed to.
00:50:32.400 Thank you very much.
00:50:33.300 So much going on, Deep State.
00:50:34.820 Full on.
00:50:35.580 We're going to have much more about Pete Hegseth, the fight over the Defense Department.
00:50:39.400 Also, the National Security Council.
00:50:40.840 Derek Harvey's over there.
00:50:41.980 They're trying to blow him up already.
00:50:43.320 The first day he's showing up.
00:50:45.320 Mike Lindell.
00:50:46.600 Talk to me, brother.
00:50:47.560 I want to finish strong.
00:50:48.700 Got Glenn Beck next.
00:50:49.680 Got you on early.
00:50:50.740 Sell me a sheet before we go to break and bring in Glenn Beck, sir.
00:50:53.460 Thank you.
00:50:56.880 No, Mike.
00:50:59.520 Oh, no, Mike.
00:51:01.020 No, Mike Lindell.
00:51:02.980 Mike, I had time cut after you here to sell a sheet.
00:51:07.480 Today at 5 o'clock, here's what we're going to do.
00:51:09.440 We're going to have a breakdown of the capital markets, particularly why is the bond market,
00:51:13.480 why is the bond market so over-responding?
00:51:15.760 Why is the bond market blowing up right now?
00:51:17.400 Here's the central thing.
00:51:18.920 The bond market is because of the big, beautiful bill has too much spending in it.
00:51:25.120 Remember, the deficit so far this year and the first six months of the year, the fiscal
00:51:29.140 year, is $1.3 trillion.
00:51:31.100 It's heading to a $2.5 trillion deficit.
00:51:34.900 The big, beautiful bill has, I think, a debt ceiling, takes up $5 trillion.
00:51:41.340 The bond market is going to get a vote here, folks.
00:51:44.060 President Trump is getting it done on the tariffs, getting it done on the commercial, on the
00:51:48.020 restructuring, okay, getting all done there.
00:51:50.980 You see now, I think, there's been an announcement on India.
00:51:54.660 We may be in terms agreed in India.
00:51:56.340 I think we're going to have terms agreed in Japan.
00:51:59.980 And remember what the Financial Times of London is saying, Beijing is warning all these partners,
00:52:04.340 if you sign these deals and agree to these deals, the center of gravity is trading with
00:52:07.740 the United States.
00:52:08.400 There's going to be retaliation.
00:52:10.320 That's what Trump is up against.
00:52:12.540 But you can't do both at the same time.
00:52:14.340 You can't reorganize the world's commercial relationships at the same time you have out
00:52:19.400 of control federal spending.
00:52:23.300 Short commercial break.
00:52:24.920 Glenn Beck joins us next here in the War Room.
00:52:39.280 The April 15th tax deadline is coming, and it's coming fast.
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00:54:21.860 Hey, War Room.
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