Bannon's War Room - April 23, 2025


Episode 4434: Focusing On Holding China Accountable On Trade


Episode Stats

Length

55 minutes

Words per Minute

185.96375

Word Count

10,259

Sentence Count

888

Misogynist Sentences

5

Hate Speech Sentences

16


Summary

On today's show, Stephen K. Broussen and Dave Bratt discuss President Trump's proposed tax cuts for the middle class and the working class. They also discuss the impact on the economy and the economy as a whole.


Transcript

00:00:01.000 This is the primal scream of a dying regime.
00:00:06.000 Pray for our enemies.
00:00:08.000 Because we're going medieval on these people.
00:00:11.000 I got a free shot at all these networks lying about the people.
00:00:16.000 The people have had a belly full of it.
00:00:18.000 I know you don't like hearing that.
00:00:19.000 I know you try to do everything in the world to stop that,
00:00:21.000 but you're not going to stop it.
00:00:22.000 It's going to happen.
00:00:23.000 And where do people like that go to share the big lie?
00:00:26.000 MAGA Media.
00:00:28.000 I wish in my soul,
00:00:30.000 I wish that any of these people had a conscience.
00:00:33.000 Ask yourself, what is my task and what is my purpose?
00:00:37.000 If that answer is to save my country,
00:00:40.000 this country will be saved.
00:00:43.000 War Room.
00:00:44.000 Here's your host, Stephen K. Band.
00:00:49.000 Wednesday, 23 April.
00:00:51.000 Year of the Lord, 2025.
00:00:52.000 Dave Bratt riding shotgun.
00:00:54.000 Bratt, because of audience demand.
00:00:57.000 Demand.
00:00:58.000 Um.
00:00:59.000 Bush.
00:01:00.000 Bush.
00:01:01.000 Bush.
00:01:02.000 When Bush did the, you know, took a pledge, you wouldn't raise it.
00:01:05.000 He raised taxes on everyone.
00:01:08.000 It was a tax increase.
00:01:11.000 This is a massive tax cut for the middle class and the working class.
00:01:16.000 It's totally different.
00:01:18.000 The old school, you know, the, the, the, and we were in a very different financial situation then.
00:01:23.000 Dave Bratt, your thoughts as, because you've seen these guys, they're trying to scare up, but there's a lot of people behind the scenes that fully support this.
00:01:32.000 First off, the politics of it's a no brainer, but let's leave politics aside because we don't do things for politics.
00:01:37.000 When he's talking about finance and economics, if you don't get that right, you can, you know, the politics are irrelevant because it'll catch up with you later.
00:01:46.000 The politics of the moment are not important.
00:01:48.000 You got to think downrange of what it's actually going to do for the country and for the citizens of the country.
00:01:54.000 And the problem is that they don't use the prism of not just America first, but American citizens first, that American citizens should get a preferred deal here.
00:02:05.000 Because it's upon.
00:02:06.000 Hey, you rate it.
00:02:07.000 You know why?
00:02:08.000 The entire system rests on your shoulders.
00:02:10.000 You are the full faith and credit of the United States government, you, this audience.
00:02:17.000 And in addition, you know, as consumers, it's been a consumer engine.
00:02:21.000 Now, that is one of the things, this is why this is a supply side tax cut.
00:02:25.000 President Trump's trying to shift and what Besson said today between China, China has been all production and no consumption.
00:02:31.000 We've been all consumption, no production.
00:02:33.000 And you've got to have, you've got to rebalance that.
00:02:36.000 Dave Brett, thoughts?
00:02:38.000 Yeah, well, I'm so proud of Besson, pleasantly surprised.
00:02:44.000 He came out a few weeks ago and said, it's your turn to the American people.
00:02:49.000 Wall Street has had its turn.
00:02:51.000 Now it's time for Main Street.
00:02:53.000 And so when it comes to tax cuts, whatever, Wall Street has had the Federal Reserve low interest, zero interest policy for a decade.
00:03:01.000 The Greenspan put fighting on their side for 20, 30 years.
00:03:05.000 The American people have had no one on their side.
00:03:08.000 And so you're right.
00:03:09.000 There's a realignment going on.
00:03:10.000 Tax cuts, et cetera, are all part of it.
00:03:13.000 The American people, we've all learned, if you buy a lobbyist for $1 million, you will get a billion dollars back, right?
00:03:21.000 You add one little comma, one little sentence, one little phrase to the budget.
00:03:25.000 For a million bucks, you get a billion dollars back.
00:03:28.000 The American people have no such access to that kind of a deal.
00:03:31.000 Only the elites have access to that kind of deal.
00:03:34.000 And it's time they need to step up.
00:03:37.000 And I like your analogy over the past few days, too.
00:03:40.000 When you switch the incentives, the CEOs of the Fortune 500 and all the big wigs and the Magnificent Seven have all been fine with goosing up the size of this budget, running $2 trillion deficits, no feedback from them.
00:03:54.000 So they've been fine with this aggregate top-down Keynesian planning, not a word against it.
00:04:00.000 So now we're in a ditch, right?
00:04:02.000 The globalist system has thrown us in a ditch, and people always just say to me, Dave, what are you going to do?
00:04:08.000 I'm going to say, well, first of all, I want you to realize they threw us in the ditch.
00:04:11.000 We have $37 trillion in debt.
00:04:13.000 I didn't vote for that, right?
00:04:15.000 So now we've got to be the good guys and the tough guys and have character and fight back.
00:04:20.000 And just lastly, you mentioned Harvard and all the education establishments.
00:04:25.000 We have an infinite list of rights now in this country, right?
00:04:30.000 And the World Bank and the United Nations, if you go to the back of their rights that global citizens are entitled to, you will find a list that goes on for 20 pages of the rights that the rest of the world is entitled to on the U.S. account.
00:04:46.000 We have to spend our money for their rights with no corresponding responsibilities or ethics or morality coming from them.
00:04:54.000 So the American people now get what's going on.
00:04:58.000 The liberals are gone.
00:04:59.000 We've got Marxist leftists.
00:05:00.000 We're fighting with judges and all that.
00:05:04.000 But it's all coming home right now.
00:05:06.000 And thank God President Trump's in there.
00:05:08.000 Now it's time for the Congress to step up.
00:05:10.000 They've been silent for too long on most of this.
00:05:13.000 They need to step up right now and put what we're doing into law so that in two years we keep it.
00:05:20.000 We keep it.
00:05:21.000 They're going to do what Trump tells them to do.
00:05:23.000 There's no leadership over there at all.
00:05:25.000 It's a disaster.
00:05:27.000 They actually were because they're so confused.
00:05:29.000 You've got a handful of really good folks, but they're a small handful.
00:05:32.000 And I don't know how these others get sent back time and time and time again.
00:05:36.000 The World Bank, because these are these international institutions set up by the globalists post-war that have worked against the American people.
00:05:45.000 Let me be blunt.
00:05:46.000 I believe the Chinese Communist Party, the CCP still goes to the window at the World Bank as a developing nation.
00:05:52.000 Am I correct?
00:05:53.000 Yes.
00:05:54.000 There's zero.
00:05:55.000 Yes.
00:05:56.000 They're developing.
00:05:57.000 So understand this, folks.
00:05:58.000 Where you can't get a loan from a bank to do any kind of business because you don't have enough collateral.
00:06:03.000 That would be the real asset that you've got to protect over at HomeTitleLock.com.
00:06:08.000 Promo code Steve.
00:06:09.000 How was that?
00:06:10.000 Slid that one in there.
00:06:11.000 Good, right?
00:06:12.000 You can't find a loan because they're not lending to small business.
00:06:17.000 They're not lending to entrepreneurs, but they got your money because you basically essentially fund the World Bank.
00:06:23.000 You got your money.
00:06:25.000 Your taxpayer dollars are making accessible to the most murderous dictatorship in mankind's history.
00:06:32.000 That would be the Chinese Communist Party that's killed hundreds of millions of their own people in broad daylight.
00:06:37.000 And nobody said anything about it.
00:06:40.000 You know why?
00:06:42.000 Because the world just looks, oh, well, they're just Chinese.
00:06:45.000 Who cares?
00:06:46.000 Mao, they were killed by the, you know, they're killed by Mao and these communists.
00:06:50.000 The, the, the, the, the, the, the, the crassness of this is that every corporation in the world's running over there to be their buddy.
00:06:58.000 To be their buddy and rub up on them and make money by exploiting Lao Bai Jing and essentially exploiting the American people.
00:07:05.000 At the World Bank, they get to go to the window of a developing nation.
00:07:09.000 Last time I looked, their economy is, what, two thirds the size of ours or 80% on one level.
00:07:15.000 If you do it on the PPP or the local pricing, it's actually bigger than the United States, Dave Brad.
00:07:20.000 How possibly are they still barring at the World Bank as basically a developing nation at near zero interest rates underwritten and funded by the American taxpayer who are being destroyed by the same Chinese Communist Party that happens to be at economic warfare with us?
00:07:38.000 Sir.
00:07:39.000 Yeah.
00:07:40.000 Well, all of the thought leaders in our country who are responsible for divine, defining our moral authority, such as the Harvard's or whatever, according to Natalie Winters, are being funded by China.
00:07:55.000 So how do they get away with it?
00:07:57.000 All of our corporations are aimed at quarterly profits and they're trading right up to the last minute with China.
00:08:03.000 And then all of a sudden they're going to discover, whoops, these are the bad guys in the Congress.
00:08:08.000 You mentioned the pigs and the snouts and all that.
00:08:12.000 And I had written down prior to you saying that, you know, Orwell and 84 and whatever, and some pigs are created more equal than others, right?
00:08:21.000 Some pigs are created more equal than others.
00:08:24.000 And the American people have been left behind without rights, without recourse.
00:08:29.000 Everyone's more equal than you, the Chinese CCP, right?
00:08:33.000 And just by the way, for the liberals and the leftists out there who still support this stuff and the wars and all this, you know, when Trotsky and the Bolsheviks came in, it's just well documented.
00:08:45.000 He came in and was a dictator and there was no proletariat of the worker ever, right?
00:08:52.000 When these elitist Chinese top-down totalitarians come in, there's no Marxist proletariat of the working class.
00:09:00.000 You know, I mean, I would have liked to seen that experiment, what it looked like.
00:09:04.000 But it's never come to fruition because every time they come in, they're the dictator.
00:09:09.000 They're the totalitarian.
00:09:10.000 And then they gaslight us and call Trump the totalitarian and the fascist for taking down the fascists.
00:09:17.000 We're taking down a fascist order.
00:09:20.000 This ought to be celebrated by all Americans.
00:09:23.000 The fact that we're putting up a fight against the people who, as you say, have killed 100 million of their own people.
00:09:29.000 The moral claims here are extraordinary and it's about time they came to the forefront in our discussion.
00:09:36.000 And the kids, unfortunately, don't learn any of this in the schools.
00:09:39.000 So imagine them framing the next round of our U.S. Constitution with what they know now.
00:09:45.000 So it's urgent.
00:09:46.000 We need to get our head on straight and define our terms right now and put it into our institutions.
00:09:52.000 That's Orwell's magnificent animal farm.
00:09:57.000 All pigs are equal.
00:09:59.000 But certain pigs are more equal.
00:10:01.000 Certain pigs are more equal than others, right?
00:10:03.000 Yeah.
00:10:04.000 All pigs are equal.
00:10:05.000 Just certain pigs are more or all animals are equal.
00:10:07.000 Just some animals are more equal than others.
00:10:10.000 Animal farm.
00:10:11.000 Magnificent.
00:10:12.000 It's written about communism, but man, it can absolutely take place in the modern world.
00:10:17.000 Read it and you'll be in shock.
00:10:18.000 Yeah.
00:10:19.000 If you haven't read it since you were a kid or since in high school, that's always a good one to dust off.
00:10:25.000 1984 is good, but better is Brave New World.
00:10:29.000 Brave New World.
00:10:30.000 You read Brave New World today, you are shocked about how accurate Brave New World is, even down to the lingo.
00:10:36.000 Is it not, Dave Brett?
00:10:39.000 No, that's right.
00:10:41.000 And unfortunately, our literary tradition has been cut off at the knees.
00:10:45.000 The kids no longer read any books.
00:10:47.000 They all are doing technology on phones in front of their face.
00:10:50.000 The schools, if they do literary stuff, it's literary criticism, making fun of our founders, making fun of the Bible, making fun of Christians, making fun of moral philosophers.
00:10:59.000 And that has to come to an end.
00:11:02.000 They can't define any morality.
00:11:04.000 They can't define what rights they think we ought to have.
00:11:08.000 And so everybody out there ought to be at the ramparts on your local school boards.
00:11:13.000 When you take a look under the hood, what they're doing, you'll be shocked and horrified and you'll want change immediately.
00:11:20.000 Let's go back to the economics that are we talk about change immediately.
00:11:24.000 It's in front of us.
00:11:25.000 The big, beautiful bill is going to be coming.
00:11:27.000 And I just want to go back some unpleasant math.
00:11:31.000 We have a one point three trillion dollar deficit on the books through the first six months.
00:11:37.000 That's that's done.
00:11:38.000 That's locked.
00:11:39.000 That's cash out the door.
00:11:40.000 I predict I predicting going forward, we get to the end of the fiscal year on the first year of our watch.
00:11:48.000 And I realize President Trump's only here for nine months.
00:11:50.000 But we did make a conscious decision, folks, to take the CR and just kick it down the road because we're going to get to all the cuts in the first budget and then the reconciliation the first time.
00:12:04.000 You notice we get you keep getting promised and this kind of gets farther and farther away.
00:12:09.000 Well, the ticker is running and now you're going to have the bond market.
00:12:14.000 This is why we had this thing with the bond market froze 10 days ago.
00:12:18.000 And remember in the morning here on the show live, it's got best and kind of oversaw a an auction of treasuries of 10 years that went OK.
00:12:26.000 And Ray Dalio, who's made a fortune over in China with the CCP, so he's no friend of the war room and no friend of MAGA, no friend of Trump, is essentially said, hey, with the way you're running up money and the way you have to finance it, you have a failed treasury auction.
00:12:42.000 One in the whole system can collapse.
00:12:45.000 This is why you've had the run up of gold.
00:12:48.000 Right.
00:12:49.000 Central banks tuck it away by and tuck it away.
00:12:51.000 So this is getting down to this is why we have to be serious.
00:12:56.000 One of the reasons of the not giving the wealthy, not extending their tax cut permanently, because that's what we're talking about.
00:13:03.000 Part of it is a wake up call.
00:13:05.000 So they start getting focused on getting their lobbyist here and say, hey, this thing can't go on.
00:13:12.000 When people come to me and say, hey, your thing with the tariffs and what President Trump's doing in trade and all this trade war and bringing jobs back and in all this about the big, beautiful bill and what President Trump's trying to do and reorganize.
00:13:23.000 You know, you're not going to get it.
00:13:25.000 I go, OK, well, hang on.
00:13:26.000 Stop. I said, give me the alternative is the the current system is not sustainable.
00:13:30.000 It's not even close to being sustainable.
00:13:33.000 It's gone on too long as it is.
00:13:36.000 So I said, let's start there. Let's just start there.
00:13:39.000 And just I need to hear it from these people that the current system is not sustainable because they sit there.
00:13:43.000 Stephanie Ruhl, MSNBC, CNBC, Bloomberg, The Wall Street Journal, Financial Times of London.
00:13:50.000 These are the guys are supposed to be fiduciaries.
00:13:53.000 This is their job.
00:13:54.000 It's not your job.
00:13:55.000 Hell, you're out and about doing your thing, being a good American citizen, being the schmo that the whole system depends on.
00:14:03.000 Because if you ain't running around doing your business every day, the system breaks down.
00:14:08.000 So you're the good soldier.
00:14:09.000 You're the hoplite in the system.
00:14:11.000 You're doing your thing.
00:14:12.000 And the guys are the fiduciaries supposed to be looking at the big picture.
00:14:15.000 They are the most at fault for this.
00:14:19.000 Why?
00:14:20.000 Now, why has that happened?
00:14:21.000 Because they've made a fortune.
00:14:23.000 Have you looked at the concentration of wealth?
00:14:26.000 Do you think this just kind of happened?
00:14:29.000 No, it's not a conspiracy.
00:14:31.000 But it's pretty well thought through the interconnecting pieces.
00:14:36.000 And everybody just looks the other way.
00:14:39.000 And then finally, hey, whoa, look at this.
00:14:42.000 So finally, a guy like Trump says, hey, we're going to give the workers in the middle class a little something for the effort.
00:14:49.000 A little something for the effort.
00:14:52.000 Short break, just a tiny piece of the action.
00:14:56.000 You don't go out and buy a life jacket when the boat is already sinking.
00:15:03.000 And you don't buy gold when the economy has already collapsed.
00:15:07.000 Clearly, others are heeding this advice as gold hit an all-time high the first part of 2025 multiple times.
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00:16:12.000 Here's your host, Stephen K. Bannon.
00:16:16.000 Okay, the President of the United States just had a few words outside the White House, and we are getting it loaded right now, and we're going to show it to you in its entirety.
00:16:25.000 Dave Brett, you make a very interesting point to me during the break about the Federal Reserve.
00:16:31.000 Can you share your knowledge with the audience, sir?
00:16:36.000 Yeah, sure.
00:16:37.000 I find it interesting and shocking that the Federal Reserve, over the past couple decades, has no problem keeping interest rates low for the Fed.
00:16:46.000 The Fed has accommodated $2 trillion deficits per year, over the Biden years.
00:16:53.000 They also printed money before Biden's election, coincidentally explained that one to me.
00:17:00.000 But they won't validate Trump's America First moves to bring manufacturing jobs back to the American worker.
00:17:09.000 So they know what's going on here, right?
00:17:11.000 There's a year lag on everything Trump's doing, right?
00:17:14.000 Tax cuts, energy, regulation, all those have about a year lag.
00:17:19.000 But the tariffs and the trade are in right now.
00:17:21.000 So that's why Trump is saying, I want to cut right now.
00:17:24.000 Ordinarily, I wouldn't be in favor of a lower interest rate cut.
00:17:26.000 But you put all those four moving pieces together, and I do want it.
00:17:30.000 And then the Fed the other day has the nerve and the gall to bring up the dual mandate.
00:17:35.000 You don't believe in any dual mandate at all, Fed.
00:17:38.000 You guys are not for jobs for Main Street and for the American person.
00:17:43.000 That was a disgusting comment to say, you know, well, you know, now we're going to have to go up against Trump even more because of our dual mandate, which is, you know, stable prices and jobs, unemployment rate.
00:17:56.000 Trump is actually fulfilling the dual mandate, right?
00:18:00.000 He's bringing jobs back to Americans and the Fed.
00:18:04.000 I hope Trump pushes them to explain themselves on their dual mandate.
00:18:09.000 Talk to me about this continued.
00:18:14.000 I mean, we were at a moment of an inflection point or truth about the spending.
00:18:21.000 We already know that the global capital markets, particularly the bond markets, because, folks, here's the thing.
00:18:28.000 We got to, with the deficits of $2 trillion, and the deficit this year is going to be $2.5 trillion.
00:18:34.000 It's going to be $2.5 trillion.
00:18:35.000 You already see this from the $1.3 trillion we got in the first six months.
00:18:39.000 It's going to be $2.5 trillion.
00:18:41.000 $2.5 trillion, just deficit, for this year alone.
00:18:45.000 The ability to have to refinance this is crushing.
00:18:50.000 And the only reason you can even do it, Argentina can't do it, Brazil can't do it, France can't do it, the United Kingdom can't do it.
00:18:57.000 Why couldn't they do it?
00:18:59.000 Why did Liz Truss get turfed out?
00:19:01.000 Because they're not the prime reserve currency.
00:19:04.000 The world runs on dollars.
00:19:06.000 OK?
00:19:07.000 So you can do it, but only for a while.
00:19:09.000 This is why the BRICS nation, this is why we started four years ago.
00:19:13.000 Do you think it was random that I sat down with Birch and said, hey, I think we've got to talk about, we're going to do a series about the end of the dollar empire.
00:19:22.000 That if it happens, hang over a second, we've got President Trump, let's listen to President Trump and Brett and I will come back.
00:19:29.000 Involved with America?
00:19:31.000 Be careful, folks.
00:19:32.000 They all want to be involved with America and we have a lot of action going on.
00:19:37.000 We have, we're making a lot of money in this country.
00:19:40.000 It's not going to be losing money on trade anymore.
00:19:43.000 We were losing $2 trillion a year on trade.
00:19:46.000 Now we're going to be making money, a lot of money.
00:19:48.000 So that's very good.
00:19:49.000 Every country wants to partake, even countries that have ripped us off for many, many years.
00:19:54.000 China is an example, but it's not just China.
00:19:57.000 The European Union, they ripped us off for many, many years and those days are over.
00:20:03.000 We're going to make a lot of money for our people.
00:20:05.000 We'll be able to lower taxes substantially and we're going to be proud of ourselves.
00:20:09.000 They're not going to be a laughing stock that got taken advantage of by virtually every country in the world.
00:20:16.000 We're putting up a beautiful, almost a hundred foot tall American flag on this side and another one on the other side.
00:20:31.000 Two flags, top of the line.
00:20:33.000 And they've needed flag balls for 200 years.
00:20:37.000 It was something I've often said, you know, they don't have a flag ball per se.
00:20:42.000 So we're putting one right where you saw us and we're putting another one on the other side, on top of the mounds.
00:20:49.000 It's going to be two beautiful flags.
00:20:51.000 Mr. President, on China, can you clarify, Mr. President, on China?
00:21:05.000 Are you thinking about lowering their tariffs?
00:21:08.000 Fair deal with China, it's going to be fair.
00:21:10.000 Are you talking to them actively now?
00:21:12.000 Actively.
00:21:13.000 Everything's active.
00:21:14.000 Everybody wants to be a part of what we're doing.
00:21:17.000 They know that they can't get away with it any longer, but they're still going to do fine.
00:21:21.000 And we're going to have a country that you can be proud of, not a laughing stock all over the world for many years.
00:21:27.000 You know, in 1913, they traded to the income tax system.
00:21:32.000 We used to be all tariff.
00:21:34.000 And we had no income tax.
00:21:36.000 And we had the wealthiest country we ever had proportionately from about 1870 to 1913.
00:21:43.000 It was all tariffs.
00:21:44.000 And we did.
00:21:45.000 We had more money than anybody.
00:21:46.000 They had committees how to spend the money.
00:21:48.000 They had so much money they didn't know how to spend.
00:21:50.000 Then some brilliant person said, let's go income tax.
00:21:54.000 Let's let the people pay.
00:21:55.000 Now, we're going to be able to substantially lower taxes when this is finished.
00:22:00.000 How does it look in the meantime?
00:22:03.000 Are you are you considering lowering the tariffs on China while you're negotiating?
00:22:06.000 We were losing anywhere from three to five billion dollars a day.
00:22:12.000 Think of it.
00:22:13.000 We're losing billions of dollars a day under Biden and other presidents, frankly.
00:22:19.000 But under Biden, it got really worse.
00:22:21.000 China got out of control.
00:22:23.000 We're losing a trillion dollars a year.
00:22:25.000 What about Ukraine, Mr. President?
00:22:27.000 And now we're going to be making money with everyone.
00:22:31.000 And everyone's going to be happy.
00:22:33.000 But we're going to be we're no longer going to be the country that's ripped off by every country in the world.
00:22:38.000 Thank you, Mr. President.
00:22:41.000 We are.
00:22:42.000 First off, don't bury the lead.
00:22:43.000 It's the two flagpoles.
00:22:45.000 Is it how Trumpian is that?
00:22:48.000 You got to love this guy.
00:22:50.000 You have to love him.
00:22:52.000 God bless him.
00:22:54.000 So good.
00:22:56.000 Do you think, Brad, do you think the globalist, he's going out there.
00:23:00.000 He's going to put on his own pocket.
00:23:02.000 He's going to put two big, beautiful flagpoles like down in Mar-a-Lago.
00:23:05.000 If you go to Mar-a-Lago, you see that flag.
00:23:07.000 It's unbelievable.
00:23:08.000 Remember, Palm Beach took him to court and tried to do everything for years.
00:23:13.000 Trump, I don't care.
00:23:15.000 You're going to get an American flag.
00:23:16.000 Now you're going to get one at the White House.
00:23:18.000 Stunning.
00:23:20.000 But right there, we're going to be we're going to be proud again.
00:23:25.000 We're not going to be ripped off.
00:23:28.000 That's what it gets down to.
00:23:30.000 This country has been taken advantage of.
00:23:32.000 And the citizens of this country have borne the burden.
00:23:35.000 And for the first time in the history of this country, even with President Reagan.
00:23:40.000 God bless him and taken down the the evil empire and doing the Lord's work.
00:23:46.000 Trump is the first guy ever to put you in the room.
00:23:50.000 And quite frankly, put you at the head of the table next to him.
00:23:53.000 Not in the room, not in the deal.
00:23:56.000 And you're in the room right there.
00:23:59.000 He lays it all out, Brad.
00:24:00.000 Retired of being ripped off.
00:24:03.000 And I'm fighting to make this country proud again of what we're doing in global commerce.
00:24:10.000 Your thoughts, sir?
00:24:12.000 Yeah, well, I've been reading about Trump's biography a little bit.
00:24:17.000 And he's smarter than the press corps wants to acknowledge when it comes to space and some of the technical issues and physics and stuff.
00:24:26.000 And he just plays it off like Reagan.
00:24:29.000 Aw, shucks.
00:24:30.000 And I'm building two flagpoles.
00:24:32.000 And that is fantastic because that's what matters, right?
00:24:37.000 And so he's putting the narrative out front for everybody else to follow.
00:24:41.000 And then all the pieces are put in place.
00:24:43.000 This trade deal is huge.
00:24:45.000 It's in place now.
00:24:46.000 That's why the Fed, he's asking for the Fed for lower interest rates because the other pieces, right?
00:24:52.000 The tax cuts, the regulatory piece, the energy piece, there's a year lag for those to happen.
00:24:58.000 All of this is going to enhance our productivity.
00:25:01.000 That's the key economic variable, right?
00:25:04.000 Our productivity, according to the world's expert, Bob Gordon, has been going down for 70 years.
00:25:09.000 And that's why CBO and the Federal Reserve and now the World Bank and the IMF have growth at 2% for the next 30 years.
00:25:17.000 That's the constant, right?
00:25:18.000 So you can play all you want news about the Wall Street and the stock market and the equities and whatever.
00:25:26.000 And it's all just noise, right?
00:25:28.000 It's, you know, I don't want to make light of anyone's portfolio.
00:25:31.000 But it's just noise in comparison with the fundamentals that Trump is shifting around.
00:25:36.000 He's shifting around the entire world geopolitical architecture.
00:25:41.000 He's shifting around the United States of America macro economy.
00:25:45.000 He's changing it all.
00:25:46.000 He's giving your kids a shot at a home again.
00:25:50.000 He's giving your kids a shot at a real education again.
00:25:54.000 This is all just huge.
00:25:56.000 I couldn't be more proud.
00:25:58.000 The folks that don't get what's going on just don't get what's going on.
00:26:01.000 But please don't blame it on Trump.
00:26:04.000 He's doing a Herculean lift, put some gas on the on the Congress and on the Senate, light them up and tell them all they better put this stuff in statute in law.
00:26:15.000 Right. Because we're fed up.
00:26:17.000 And if they won't do it, then you need to turf them out because they're not following what's best for the American people either.
00:26:22.000 Dave, what is your what's your social media?
00:26:26.000 Where do people go?
00:26:27.000 Yeah, just Brad economics on getter and on X.
00:26:31.000 Brother, thank you so much.
00:26:34.000 This is why, you know, hey, I say Trump 28.
00:26:38.000 Dave Brett's right.
00:26:39.000 Guy like this comes along once a century, once in a country's history.
00:26:43.000 We've had we've had General Washington, we had Abraham Lincoln, General Washington at the birth of the Republic.
00:26:50.000 Abraham Lincoln at the rebirth of the Republic and President Trump at the restoration of the Republic.
00:26:58.000 And you see he's taking them all on.
00:27:02.000 Now, what we need is the supporting cast, certain members of supporting cast to step up.
00:27:07.000 Some are stepping up huge because this is a 30 front war.
00:27:11.000 We'd rather just fight on two fronts, but he can't because we're burning daylight to save this country.
00:27:20.000 And right there, you saw a guy walk out there, build his put his two flagpoles up.
00:27:25.000 God, you've got to love him.
00:27:27.000 He's the best.
00:27:28.000 Dave, Brad, thank you for being with us this morning.
00:27:30.000 Appreciate you, sir.
00:27:36.000 To understand it, end of the dollar empire.
00:27:40.000 Go to Birch Gold and talk to Philip Patrick and the team.
00:27:43.000 Gold's bounced around.
00:27:44.000 It's down today below 3,400.
00:27:46.000 Yesterday with the futures blowing through 3,500.
00:27:49.000 It's a hedge.
00:27:50.000 It's not supposed to trade like a penny stock kind of is because it's very, very turbulent.
00:27:55.000 One of the reasons things are so turbulent is they're looking at the spending and they're not seeing any effort to address it.
00:28:02.000 Short commercial break.
00:28:03.000 Birchgold.com slash Bannon.
00:28:05.000 Go talk to Philip Patrick and the team at Birch.
00:28:08.000 You heard me talk about My Patriot Supply because I trust them when it comes to my family's well-being.
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00:29:18.000 That's MyPatriotSupply.com.
00:29:21.000 Here's your host, Stephen K. Mann.
00:29:26.000 Fresh from the Caroline Wren joins us.
00:29:29.000 First, you did the White Lotus Tour.
00:29:30.000 We'll get to that in a second.
00:29:32.000 But you just were over seeing Scott Besson at the International Economics Foundation, I think, talking about his address.
00:29:39.000 It was the IMF and the World Bank.
00:29:41.000 This is another thing that the posse just can't understand.
00:29:44.000 Why is the United States always ahead of everybody else and underwriting this stuff?
00:29:48.000 These guys can't get a loan to start a business of working capital.
00:29:53.000 Now, particularly with tariffs, you need more working capital.
00:29:55.000 You can't get a working capital loan, but we're funding people who don't have the American's interest in mind.
00:30:02.000 And particularly the World Bank, where China still borrows as a developing nation for virtually zero interest rates.
00:30:09.000 So we played a little bit of Scott's takedown today, but give us that you were in the room.
00:30:13.000 How were those folks in shock?
00:30:15.000 A little bit.
00:30:16.000 I mean, like more than half the room was reporters.
00:30:18.000 And I think they were a little bit in shock because it is just so refreshing to see someone like Besson.
00:30:23.000 He's so even keel.
00:30:24.000 But then he's also a savage, a killer in his talks, his words.
00:30:28.000 He's so purposeful in everything that he says.
00:30:30.000 And it's brilliant.
00:30:31.000 I love the line.
00:30:32.000 He said he was like this Pollyannish outlook of the World Bank.
00:30:36.000 He just he torched the IMF and the World Bank.
00:30:39.000 And he said he did in a way, though, by saying these institutions are essential.
00:30:43.000 However, they've completely lost their way.
00:30:45.000 Like you focus on idiotic things like climate change and social justice wars and has nothing to do.
00:30:49.000 If you actually want to help these countries, help developing countries like Africa and others, help them with energy like that's what they need.
00:30:56.000 They need access to water and access to energy.
00:30:59.000 And he just laid it out in a great, great way.
00:31:01.000 And it was setting the tone for, you know, the IMF meeting is starting this week in D.C.
00:31:05.000 And so he really set the tone for how those discussions should go.
00:31:09.000 And so I love the way he led with strength.
00:31:12.000 And he even said, you know, America first is not America alone, which he is right in that.
00:31:16.000 I mean, we're the head of the global economy, but everyone needs to follow our lead, not the other way around.
00:31:20.000 And he came down hard on Germany, too, and said President Trump has done more to force Germany to start spending their money again and helping out the EU in different ways.
00:31:30.000 It just reminds me, he said, it's a room of economists in there and then journalists.
00:31:34.000 But he said, I'm not an economist.
00:31:35.000 I'm an economic historian.
00:31:38.000 And he truly is.
00:31:39.000 I mean, he is one of the most brilliant minds.
00:31:41.000 And I am just I'm so pleased that he's in this administration.
00:31:44.000 Well, no, he's an expert, particularly knows about the Great Depression and all the monetary crisis, which is what you need.
00:31:51.000 That's always a safe pair of hands.
00:31:52.000 And folks remember back in that huge fight in Mar-a-Lago before the his confirmation went great because there was nobody on the nobody on the committee ever going to try to question him.
00:32:02.000 It was it was the fight between Lutnik and Besson.
00:32:05.000 If we had had Lutnik, it had been an unmitigated, absolute disaster.
00:32:09.000 The Trump administration, the second term would be over right now.
00:32:12.000 And I say that just obvious.
00:32:16.000 And everybody on Wall Street will tell you, everybody in capital markets will tell you.
00:32:19.000 He also put a shot across the bow of the Chinese.
00:32:21.000 He said, hey, we're just not going to have, you know, you're not going to just produce everything and be the producer and sell it to us.
00:32:28.000 And the model doesn't work anymore. There's got to be a balancing.
00:32:32.000 You talked about a balancing overall. How was that taken?
00:32:35.000 I think it was taken well.
00:32:36.000 I noticed there was several reporters there who are clearly from China, too.
00:32:40.000 So I've always been interested in how they were going to end up covering that.
00:32:43.000 But he is not wrong.
00:32:44.000 And he was saying like he's he's being smart and how he's approaching China, I think.
00:32:48.000 And with his words, too, he's being strong against them, but also recognizing that we do where China's been preparing for this trade war for 10 years.
00:32:55.000 I mean, they've been restructuring their entire economy in preparation for this.
00:32:59.000 And so as we head to the table right now to negotiate with one hundred and seventy countries in 90 days, we need to be mindful of the fact that like China has been hedging their bets, preparing for for this.
00:33:10.000 And they threaten retaliation against everybody.
00:33:13.000 It's of course.
00:33:14.000 A hundred and seventy countries are important, but they're 15 that matter.
00:33:16.000 Yeah.
00:33:17.000 And the top five are East Asian.
00:33:18.000 Right.
00:33:19.000 It matter because the EU is going to do what we browbeat them into doing.
00:33:21.000 The finally you got Japan, Korea, Taiwan, Vietnam, India, those big five right there.
00:33:29.000 I can throw in Thailand and others.
00:33:30.000 But those big five will will will set that will the East Asian powerhouses, the Tigers.
00:33:36.000 Right.
00:33:37.000 We'll set the tone.
00:33:38.000 And China knows what's happening.
00:33:40.000 Right.
00:33:41.000 They've told they understand these deals have a thing that the center of gravity is with the United States of America in a free trading system, not a mercantilist trading system.
00:33:48.000 Right.
00:33:49.000 I should say a fair trading system because there is no free trade.
00:33:52.000 Right.
00:33:53.000 But the mercantilist systems of the Chinese Communist Party is over.
00:33:56.000 Right.
00:33:57.000 Yeah.
00:33:58.000 And I think also with I mean, their economy is based off of manufacturing.
00:34:02.000 Right.
00:34:03.000 And so as we move into this new AI world, which is going to be taking over manufacturing, you have to ask yourself, what is the Chinese economy going to look like as AI begins to take over?
00:34:11.000 And so they certainly have the energy there to be able to power these data farms and different things.
00:34:16.000 What are they going to do with the human capital, the people that they have?
00:34:19.000 And so China is going to have to deal with that.
00:34:21.000 Besson's been talking about that for a long time as well.
00:34:24.000 But, you know, China always is playing a long game here.
00:34:27.000 And they said this today.
00:34:28.000 She's not going to jump on this.
00:34:29.000 Charlie Gasparino put out that he's playing the long game.
00:34:31.000 Of course, they're at economic war with us.
00:34:34.000 Yeah.
00:34:35.000 You were there.
00:34:36.000 What are the nations?
00:34:37.000 You went around from Indonesia to Thailand to all of it.
00:34:40.000 What were that when you were there with sovereign wealth funds and the business community?
00:34:45.000 What are they saying?
00:34:46.000 They're saying that they they hate China.
00:34:49.000 China is a terrible partner.
00:34:50.000 They don't want to deal with them.
00:34:51.000 They want to do more business with the United States.
00:34:53.000 They are desperate to.
00:34:54.000 But they also have the reality of China being their neighbor and that the majority of their exports, you know, are between the US and China.
00:35:01.000 China and China is going all in on Southeast Asia.
00:35:04.000 I mean, they President Xi came into Vietnam.
00:35:06.000 He came into Malaysia.
00:35:07.000 He came into Cambodia.
00:35:08.000 He's on the phone with the Indonesia Prime Minister.
00:35:11.000 They're just basically telling them exactly what the Financial Times says right there of saying do not do deals with the United States.
00:35:17.000 Do them with us.
00:35:18.000 And they come in with bags and bags of cash and basically buy up all of their infrastructure in these countries.
00:35:23.000 And then what happens is when you buy up all the infrastructure in the countries, you can kind of you own those countries when you do that, when you buy up their ports, their rare earth minerals, their LNG.
00:35:32.000 And so we need to be leaning in more on these communities, making sure that they know that we have their back and that they're not just going to be left to China because China is a terrible business partner for them.
00:35:42.000 Let's go to let's pivot to domestic.
00:35:45.000 And he had the big article in the Washington Post yesterday about the taxes.
00:35:49.000 Think to the big, beautiful bill.
00:35:50.000 You know, the donor class as well as anybody.
00:35:52.000 This math justice does.
00:35:54.000 If you have a man and Newt Gingrich and Grover, the same thing.
00:35:57.000 Oh, it's Bush in 92.
00:35:59.000 That was a tax.
00:36:00.000 That was Bush said, well, I'm not raising taxes and raising on everybody.
00:36:03.000 The this is a massive tax cut for the middle class and working class.
00:36:08.000 You extend in perpetuity the Trump tax cuts for the working class and middle class of 17.
00:36:14.000 And you add no tax on tips, no tax on overtime and no tax on Social Security.
00:36:19.000 That is a massive tax cut to put some money into people's pockets.
00:36:23.000 Something when you look through the math at the current spending that you've got.
00:36:26.000 Right.
00:36:27.000 And the current growth rate that you have.
00:36:29.000 That's kind of hard mathematics.
00:36:31.000 Somehow you have to bridge a gap or the bond market is going to throw up.
00:36:35.000 It makes sense not to extend the tax cut on the upper bracket.
00:36:39.000 And President Trump says, OK, let's make it a million bucks, which is higher than the.
00:36:43.000 So a bunch of people in the upper bracket and make it 40 percent.
00:36:46.000 I think the number I saw thrown at this morning was four hundred billion dollars over ten years.
00:36:50.000 So it's not the end of the world.
00:36:52.000 But in not just that, let's leave the politics aside.
00:36:55.000 The economics got to work.
00:36:56.000 Now, how big is the donor class going to revolt against that man?
00:37:00.000 I mean, this is what best has been talking about.
00:37:02.000 Wall Street has had a very good run of it.
00:37:04.000 They've done very well for a long time, but it is Main Street's turn.
00:37:06.000 And so President Trump, the Wall Street guys have never really fully backed President Trump.
00:37:11.000 They come in once he actually wins, then they start showing up for the inauguration.
00:37:15.000 They give money to buy their way back in.
00:37:17.000 They go to Mar-a-Lago after November 5th and you're down and you come to all the balls and you're sitting around greasing up and hiring lobbyists.
00:37:24.000 But they're not with him.
00:37:25.000 No.
00:37:26.000 And so I don't think Trump particularly cares what the Wall Street guys have to say about their taxes going up.
00:37:31.000 I think he cares what the Main Street folks have to say.
00:37:33.000 And a lot of Trump's donors, even the larger ones, were actually guys that own manufacturing plants in Minnesota, Texas, energy folks.
00:37:40.000 And I think that they are going to be fine with it.
00:37:42.000 They understand that this is what they are supportive of President Trump.
00:37:44.000 They understand what he is doing here.
00:37:46.000 And we do have a spending problem in this country.
00:37:48.000 And we have to offset the revenue issues.
00:37:51.000 And so I hope that President Trump moves forward with this.
00:37:54.000 If a couple of donors are angry, okay.
00:37:56.000 I think that President Trump answers to we the people and not the donor class.
00:38:00.000 And I say this as someone who was his fundraiser for a long time.
00:38:03.000 And this is what I've always loved about President Trump.
00:38:06.000 He was the least pay-to-play president in history.
00:38:09.000 And, you know, President Trump wanted people, yes, to donate to his campaign.
00:38:12.000 Well, he's seen that with Zuckerberg and all these oligarchs.
00:38:15.000 Right now we're in federal court blowing up the oligarchs and taking apart piece by piece.
00:38:21.000 Also, I want to go to how tough a fight is.
00:38:24.000 How many people on Capitol Hill do you think right now back that in the House and the Senate?
00:38:29.000 Right.
00:38:30.000 Behind closed doors a lot.
00:38:31.000 Right.
00:38:32.000 But how many are prepared to step forward?
00:38:33.000 Well, on Capitol Hill, I would say, especially if you look at people who are on like the Appropriations Committee,
00:38:37.000 Financial Services, people that determine this, they are disproportionately funded by Wall Street.
00:38:41.000 So they have much less of a backbone than what President Trump has, particularly within the Republican Party, too.
00:38:46.000 And then you have people like Elizabeth Warren, who claims to be for the people, even though she's actually bought off by the big banks, probably worse than anyone else.
00:38:53.000 The big pharma.
00:38:54.000 Correct.
00:38:55.000 So I think that you're if the Republicans were smart on Capitol Hill, they would understand what you've been talking about for a long time,
00:39:01.000 what President Trump talks about, which is the populist movement, which used to be what the Democrats owned.
00:39:05.000 And so force the Democrats have to be the ones to fight for the donor class in Wall Street and actually be lock and step with President Trump here is fighting for Main Street.
00:39:14.000 So you see the Geo Street strategic and also the economic and you see it from the eyes of the donors because you spend so much time with these guys.
00:39:22.000 There's a growing frustration in this audience every day of a sense of urgency.
00:39:28.000 They see other things being worked on and progress being made.
00:39:32.000 Obviously, you're getting chopped up and in the in the courts are trying to slow you down because to delays to deny.
00:39:38.000 But the one thing they feel that we do have the the the the the power to control is taking down the deep state, not to a doge defunding effort, waste, fraud and abuse,
00:39:50.000 but actually going after the deep state and everything is done to try to shut this movement down, to try to shut President Trump down, etc.
00:39:57.000 And they don't see the sense of urgency, whether it's in in the CIA and DNI for restructuring intelligence, whether it's in DOJ for investigation.
00:40:05.000 One thing that happened, Klaus Schwab, you know, all sudden the day the pope dies, it's announced he's stepping down immediately in perpetuity forever.
00:40:13.000 The chairmanship of the of the of the World Economic Forum.
00:40:17.000 And it's announced immediately the board is investigating him for, you know, fraud and all these other things, you know, money laundering, fraud, etc.
00:40:25.000 And the comments in the chat room are in the chat.
00:40:29.000 Hey, how is the board of the WF investigating Klaus Schwab before the Justice Department is right that we're just we're not moving off the diamond that your thoughts?
00:40:39.000 Well, Klaus Schwab actually announced it was about 10 days ago, I think, is when he announced that he was stepping down.
00:40:43.000 And of course, the media doesn't want it. So they asked no questions.
00:40:46.000 They just thought, oh, he's old. He's just going away.
00:40:48.000 And I thought, yeah, right. That guy was going to hold on to power until he died.
00:40:51.000 And so then they announced that there was the investigation, of course, when the pope died to bury it on that day.
00:40:57.000 Now, I agree. I want to see more, I guess, aggression out of the DOJ, certainly here.
00:41:03.000 I think the Klaus Schwab investigation is going to be fascinating.
00:41:06.000 But if we just leave it to our international partners, I know, but that's just that's just one example.
00:41:12.000 What about everything else DOJ and the FBI should be doing? Right.
00:41:15.000 Well, I you know, I'm the biggest Cash Patel fan that you'll ever meet.
00:41:18.000 And I think Cash is, you know, we have to remember that these people took a little bit to be able to get confirmed to get in there.
00:41:23.000 And so he is doing a very, very good job.
00:41:25.000 I'm going to give him a little bit more time and space to kind of see what's what's going to happen here with what he is doing.
00:41:30.000 But do you think Tom Fenton is being too harsh?
00:41:35.000 Look, Bongino, Bongino and Cash, people revere these guys.
00:41:39.000 I mean, the fight that we had for Cash to even get him.
00:41:42.000 That was harder than Besson to get Cash Patel selected, then to getting confirmed.
00:41:47.000 Right.
00:41:48.000 Is it your concern that there's too much about, you know, the FBI 10 most wanted in the hostage rescue team?
00:41:54.000 That's all fine.
00:41:55.000 But quite frankly, MAGA doesn't care about that.
00:41:57.000 MAGA wants the FBI broken up and we don't see any movement on that at all.
00:42:00.000 Right.
00:42:01.000 I am going to give him some more time and space to be able to get this done.
00:42:04.000 But I will say that what Tom Fenton is doing is absolutely essential.
00:42:07.000 And what you do on this show is essential.
00:42:10.000 What Mike Davis is doing, pushing the judicial system, pushing the DOJ.
00:42:13.000 Just because we are now empowered, we have to go quiet and just sit here and wait for things to happen.
00:42:19.000 Things should happen.
00:42:20.000 Like Tom Fenton is not going to wait any longer for these things.
00:42:22.000 And so if that means suing the Trump administration, he's going to do it.
00:42:25.000 And sometimes that actually helps.
00:42:26.000 It causes that sense of urgency.
00:42:27.000 I'd like to see more action out of Congress where they should be doing some more.
00:42:31.000 I say, you know, we we have the Republican chamber and the Senate and the House.
00:42:36.000 They can originate a lot of these investigations, too.
00:42:38.000 If you love the capital markets and geopolitics, we do go to Rickards War Room dot com.
00:42:43.000 Jim Rickards, one of our big contributors.
00:42:45.000 We're going to try to get Jim on before the end of the week.
00:42:48.000 Rickards War Room.
00:42:49.000 You get access to strategic intelligence.
00:42:52.000 It's his monthly newsletter.
00:42:53.000 He'll kick in a free book.
00:42:56.000 Money was a money chat GPT.
00:42:58.000 This thing was artificial intelligence and currency currency trading.
00:43:02.000 The world's economic system, a financial system will scare the hell out of you.
00:43:06.000 But that's kind of the purpose of the book.
00:43:08.000 Make sure strategic intelligence by Jim Rickards.
00:43:12.000 Rickards War Room dot com.
00:43:13.000 Go check it out today.
00:43:14.000 Caroline Renz in the house.
00:43:16.000 Short commercial break.
00:43:17.000 Back in a moment.
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00:44:48.000 Here's your host, Stephen K. Bannon.
00:44:52.000 If you missed the filing date for the Ides of April, April 15th on Tax Day, don't be anxious.
00:45:01.000 All this can be worked out, but you got to make contact.
00:45:04.000 Go to Tax Network USA 800-958-1000 promo code Bannon or TNUSA.com promo code Bannon.
00:45:11.000 Get a free consultation of everything.
00:45:14.000 If you missed filings before, if you missed this one, or if you got a letter from the IRS, that's a ticking time bomb in your drawer.
00:45:21.000 Don't think about putting it in your drawer, it goes away.
00:45:23.000 It doesn't.
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00:45:28.000 Stop the anxiety.
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00:45:31.000 It's not the end of the world.
00:45:33.000 The end of the world comes if you don't address it.
00:45:36.000 Take action.
00:45:37.000 Use your agency.
00:45:38.000 Just like in everything else you've done here, use your agency for yourself.
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00:45:45.000 Get a free consultation and see if they can assist you in their problem.
00:45:49.000 I think they've corrected a billion dollars' worth of tax issues for folks.
00:45:54.000 Dick Durbin just announced he's not running.
00:45:57.000 That tells me that Dick Durbin knows they're not going to take the Senate.
00:46:00.000 Otherwise, he'd stick around.
00:46:01.000 Being a minority over there, which is a thousand times being in the minority in the House, it's still not the best gig.
00:46:08.000 And so he wants to punch out, right?
00:46:09.000 Is that the way you view it?
00:46:10.000 I do view it.
00:46:11.000 I think we should be able to hold the Senate.
00:46:13.000 I still get nervous.
00:46:14.000 I mean, Trump drives so much turnout when he is on the ticket.
00:46:17.000 We've seen that's why we've underperformed in these special elections and in off years.
00:46:21.000 I also think, though, that you had Mitch McConnell and his cronies running SLF during his whole reign.
00:46:28.000 Senate leadership.
00:46:29.000 Yeah, and just horrific spending decisions.
00:46:31.000 I think Mitch McConnell would have rather been in the minority and had people that he could control than actually be in the majority.
00:46:37.000 And so we will see.
00:46:39.000 Senator Thune, I think, has a much better appetite.
00:46:41.000 I think he's working very well with President Trump.
00:46:43.000 He's now taken over that apparatus, so I'm more excited to see what that group is going to do.
00:46:48.000 You're kind of a Thune person, aren't you?
00:46:51.000 I am a glad-to-see-McConnell-gone person.
00:46:54.000 Okay, fine, good.
00:46:55.000 And so far, Thune has, I think, been a much better partner to President Trump than McConnell ever has been.
00:47:00.000 And some of the political operation behind Thune, I think, is much better than what the McConnell operation was.
00:47:07.000 And on top of that, I think Thune is more of a populist, certainly, than what McConnell was.
00:47:12.000 McConnell answered entirely to the donor class and to a set of about ten donors who determined the entire agenda for the Senate.
00:47:19.000 So I think that Thune, so far, is doing a pretty good job.
00:47:22.000 But I think we should be able to hold the Senate.
00:47:24.000 We've got some interesting primaries, especially Texas.
00:47:27.000 Cornyn versus Paxton is one that I'm watching very closely.
00:47:30.000 I'm a huge fan of Ken Paxton.
00:47:32.000 His audience is, too.
00:47:33.000 His audience is, too.
00:47:34.000 Yeah, and I think that he can win this.
00:47:36.000 I've seen private polling that shows he can actually win this primary.
00:47:39.000 And then I think every single time the Democrats try and claim in the media that Texas is going to be close, it's never close.
00:47:44.000 Like, Ken Paxton can absolutely win a general election.
00:47:47.000 That's kind of the pushback that people are saying, oh, well, if he can win the primary, then we might lose that seat.
00:47:53.000 I don't believe that for a minute.
00:47:54.000 Talk about Texas.
00:47:55.000 That's Glenn Stern and the team.
00:47:57.000 Go to 972 Patriot.
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00:48:00.000 We don't need to pitch you guys on how great they are and how they support.
00:48:04.000 And Glenn's story and his team down there are absolutely unbelievable to support your values.
00:48:08.000 But these guys are warriors.
00:48:09.000 But the service of the company itself, because they layered on top of all the major networks, you can get two numbers on each phone.
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00:48:25.000 972 Patriot or PatriotMobile.com slash war room or Bannon in this case.
00:48:31.000 I think Bannon.
00:48:32.000 Make sure you get it.
00:48:33.000 You get 30 days free when you do it.
00:48:35.000 Glenn's story and his team.
00:48:36.000 In Texas, I'm telling you, that's going to be a barn burner.
00:48:38.000 Corners as bad as they get.
00:48:39.000 Of course, he'll be running down to Trump and Mar-a-Lago every second.
00:48:42.000 House.
00:48:43.000 The House right now.
00:48:44.000 Folks, if Hakeem Jeffery raises $2 billion and flips some seats in New York and in California, they think they're going to take the House.
00:48:54.000 The first thing you're going to do is peach Trump.
00:48:55.000 And then we're back to the beginning of this whole thing.
00:48:57.000 Right.
00:48:58.000 So what has to happen?
00:48:59.000 Well, I do think the House is going to be much trickier, but they need to be fighters and actually, you know, stand up for things.
00:49:05.000 And as you just mentioned, if they take, Hakeem Jeffery is saying, if they take back the House, they're immediately going to start calling for investigations.
00:49:11.000 Well, we currently have the House, so why aren't we calling for investigations?
00:49:14.000 And so I think that our, you know, House leadership needs to stand for much more than they are.
00:49:19.000 They need to get much more aggressive.
00:49:21.000 And also, but if the Democrats are going to take the posture over the next year and a half of just defending, you know, Venezuelan gang members, then I fail to see how they'll be able to win elections.
00:49:30.000 And they are still searching kind of for their soul and their leadership.
00:49:33.000 But if they go.
00:49:34.000 Well, AOC, all the polling show and AOC is now rising.
00:49:37.000 She's she's can beat Schumer by 20 or 30 points in New York in a Senate race.
00:49:42.000 And she's leading in the polling right now.
00:49:44.000 I understand from Democrats that are doing this polling for the presidential run.
00:49:48.000 Well, I've been watching Bernie and AOC's rallies, and it is not that much different of listening to War Room, by the way.
00:49:54.000 No, but they don't.
00:49:55.000 But they don't talk about any populist economics.
00:49:58.000 They talk about Green New Deal and they talk about how they never quite get they don't land.
00:50:03.000 They don't land the the jump.
00:50:05.000 Right.
00:50:06.000 Right.
00:50:07.000 They don't stick the landing.
00:50:08.000 Yeah, that that is true.
00:50:09.000 But I do think that it's interesting to watch just the crowds that they're getting.
00:50:12.000 But also House leadership on the Democrat side, like they forced AOC out of the House.
00:50:16.000 If they were smart, they would have given her a House oversight chair, by the way.
00:50:18.000 Like they they answer to their own old guard on their side, too.
00:50:21.000 And so they're going to be at a reflection point here.
00:50:23.000 And do they go the way of AOC and Bernie or do they go the way of their establishment?
00:50:27.000 Let's talk about old guard.
00:50:28.000 Mike Lindell.
00:50:29.000 Are you out of business?
00:50:30.000 Are you are you pleading in federal court for the mercy of a federal judge to have mercy on Mike Lindell?
00:50:35.000 Are you going to sell me some sheets today?
00:50:37.000 There were no tears shed, you guys.
00:50:40.000 But because why?
00:50:42.000 Because you know what?
00:50:43.000 The War Room has been there for my pillow and my employees.
00:50:46.000 And we're there for you.
00:50:48.000 We're continuing that sale with the closeout sale of that lineup for kale sheets.
00:50:53.000 You have all responded.
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00:51:08.000 And once they're gone, they're gone.
00:51:10.000 But you guys have responded and we're able to.
00:51:12.000 But this was the earmark for the box stores.
00:51:14.000 Their loss is your game.
00:51:16.000 And it's a win, win, win.
00:51:18.000 You guys go to mypillow.com, click on Steve.
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00:51:52.000 Mike Lindell, thank you, brother.
00:51:54.000 We'll see you this afternoon.
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00:52:02.000 We've got Charlie Kirk next, Jack Posobiec, Steve Gruber, Eric Bolling.
00:52:07.000 I'll do the handoff from Bolling today.
00:52:10.000 Then two hours of the War Room in the afternoon.
00:52:12.000 So much going on.
00:52:13.000 We're going to have you totally up to speed.
00:52:14.000 What's your social media?
00:52:15.000 Where do people follow Caroline Wren?
00:52:17.000 It is at Caroline Wren on Twitter, Truth Social and Getter.
00:52:21.000 Unbelievable.
00:52:22.000 Thank you for dropping by.
00:52:23.000 Thank you.
00:52:24.000 And thank you for doing all the great reporting.
00:52:26.000 People loved it when you were in Asia.
00:52:28.000 And all these deals.
00:52:29.000 170 countries trying to cut deals.
00:52:31.000 15 big ones.
00:52:32.000 Scott Besant leading the way.
00:52:34.000 Stick around for Charlie.
00:52:36.000 We're back here at 5 o'clock.
00:52:38.000 We'll see you when you're back in the War Room.
00:52:48.000 What if he had the brightest mind in the War Room delivering critical financial research every month?
00:52:54.000 Steve Bannon here.
00:52:55.000 War Room listeners know Jim Rickards.
00:52:57.000 I love this guy.
00:52:58.000 He's our wise man.
00:52:59.000 A former CIA, Pentagon and White House advisor with an unmatched grasp of geopolitics and capital markets.
00:53:06.000 Jim predicted Trump's Electoral College victory exactly 312 to 226 down to the actual number itself.
00:53:15.000 Now he's issuing a dire warning about April 11th, a moment that could define Trump's presidency in your financial future.
00:53:22.000 His latest book, Money GPT, exposes how AI is setting the stage for financial chaos, bank runs at lightning speeds, algorithm-driven crashes, and even threats to national security.
00:53:34.000 Right now, War Room members get a free copy of Money GPT when they sign up for Strategic Intelligence.
00:53:41.000 This is Jim's flagship financial newsletter, Strategic Intelligence.
00:53:46.000 I read it.
00:53:47.000 You should read it.
00:53:48.000 Time is running out.
00:53:49.000 Go to RickardsWarRoom.com.
00:53:51.000 That's all one word.
00:53:52.000 Rickards War Room.
00:53:53.000 Rickards with an S.
00:53:54.000 Go now and claim your free book.
00:53:56.000 That's RickardsWarRoom.com.
00:53:59.000 Do it today.
00:54:01.000 Hey, War Room.
00:54:02.000 Hope you're all doing well.
00:54:03.000 My name is Trevor Comstock.
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