Episode 4436： The Casino Market; Stopping The Illegal Smuggling Taking Place In The US
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Summary
On this episode of the Stock Market Movers podcast, we discuss the latest on the trade war between the US and China, including the latest comments from President Trump and Chinese President Xi Jinping. We also talk about Tesla's Elon Musk's comments on the Tesla earnings call.
Transcript
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a list of things for myself that Donald Trump was not dealt a bad hand on China.
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Donald Trump dealt himself a bad hand on China. Okay, so here's one. He enacted tariffs to
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threaten to tank the economy, so that creates risk for him. He backed China into a corner,
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which every person, every treasurer who I've known over 20 years will tell you the first
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thing you don't do is back China into a corner. He made the Fed incapable of responding,
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so the Fed can't help. He's tanked the markets, the bond, and the dollar, and there's no end game
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and no plan here. So five cards, five lousy cards. He dealt himself a two, three, four, five, seven,
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all unsuited, essentially, is what he did right there. So it's a good thing that China has said
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it's open to negotiations. But the question becomes, I was trying to think of a metaphor
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for this, Stephanie. Tell me if this is the right way to think about it. A guy stole your wallet
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and your necklace. And he says, let's talk about it. And he says, I'll give you back your wallet.
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He said, no, give me back the wallet and the necklace. And the reason that metaphor may work
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is because Donald Trump invented these tariffs that he put on China as being commensurate with
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the tariffs that China put on us. They're not true. He completely made them up with a formula
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that we believe Peter Navarro invented. So I don't think, I don't know that China comes to the table
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without saying, get rid of this nonsense and then we'll talk.
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I mean, are the markets up too much? Should people be selling if they believe that?
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It's irrelevant to me, the daily trading of the stock exchange. It's irrelevant.
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The Chinese Communist Party has been at economic war with us for 20 years. And if you look at what
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they've broken, they've gained the World Trade Organization, most favored nation,
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the cyber deal, Obama, cut with them in 2015, they never lived up to, the Hong Kong in 2019,
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they walked away. President Trump worked for two years with Lighthizer, had that amazing deal,
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took all the seven original sins of the Chinese Communist Party economics away and integrated this
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into a total global economy. And they walked away. Li Hu and the team walked away in 2019.
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And so you've seen what's happened. They're at war with us. They've planned for this.
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But so Donald Trump yesterday says that he's going to be nice to them. I mean,
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is there a turn here? Because it really looks like he is walking back from this idea.
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I don't think there's a climb down. There's a fact, right when we walked in here,
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Caroline Levitt came in, so it's not going to be any unitary, unilateral walk down, right, to 50%.
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Now, I will tell you about President Trump. He went up the escalatory ladder
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quickly, right, to 125 and 145. But this is a long, tough process. So I think people trading on
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this every day is just the computers or the algorithms or folks, I think you have to see
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that he's bound and determined to, number one, treat this as a premium market, where if you don't
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bring your manufacturing back here, you're going to have to pay a premium to get to this market,
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like you buy a premium skybox at a sporting event or front row at a concert. He sees a premium. If
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you bring your manufacturing back, it's a different deal. But this is a long, tough fight. It's not
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going to be solved. And the media is running around in the market, stock market this. It's very
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complicated. And we're dug in. And it's a battle between two systems. If you think their system is
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going to win, you're kidding yourself. It's not. We're going to win this. The American people are
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going to win it. And Lao Bai Jing, the common man in China, is going to win it also.
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Yeah. And we had Ferguson here earlier talking about that. So I guess on the other side of the
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ledger, in a way, on the cut side, on the Tesla earnings call yesterday, Elon Musk said,
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you start to step away from his government work. Have you won?
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It's not about personalities, right? I do support Doge because you've got to deconstruct the
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administrative state. If you want to get to deregulation, you have to deconstruct this
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choking administrative state that the Constitution and the founders never thought of. I think with
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Elon, what I do think we have to do, and we have to be very specific, before he leaves to go back to
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Tesla, although he's going to hang around part-time. We need to have an accounting. He's
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questioning the integrity of the system, okay? Like Treasury is $6.5 trillion. They can't find all
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this. Social Security, IRS. We need to have a very specific accounting of what he found as far as fraud
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goes and waste. And I mean details. Treasury's got to sign off that. OMB's got to sign off. And every
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department head, we need to know exactly what he found because he went from two trillion a year
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to one trillion a year to $150 billion next year with nothing this year. None of this makes sense.
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The cuts you've seen that have been announced are programmatic, whether it's USAID or DOE. That's a
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totally different thing. And on the Doge effort overall in this interview with the Semaphore
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said, and I thought this was notable, he said, we need to have a very specific accounting of what he
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found as far as fraud goes and waste. And I mean details. He said, quote, none of this makes sense.
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And he says he wants to see a letter of certification showing that no one has taken any data
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from the administration or from the government.
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Yeah, I'm I'm was I can't believe I'm saying this, but I'm with Steve Bannon on that. I think it's
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going to show he did a lot of hand waving and not much else. I mean, he obviously was making great
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like he does with everything. He always says, you know, there's going to be a robo taxi this week.
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And of course, he hasn't had one. And Google's been operating one for years. I ride in them in San
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Francisco. He does this all the time in his businesses. This is going to happen next year,
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next year, next year. And I think he made a lot of the over promised here and under delivered.
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And so I think Bannon's correct. Oh, God, I can't believe I'm saying this. But Bannon's correct.
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There should be an accounting of what he found and not and checked out because everything that
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gets checked out by people like David Farenthold from The New York Times seems to be not real.
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Like it wasn't savings. It wasn't real savings. And as I said before, the only thing this is kind
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of proving is that maybe the government is working a little better than it should. It's actually
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smaller than it was 30 years ago. And there's more people that's serving. So I don't know.
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I think we need an accounting of it. And we have to make sure the data that he's been
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bringing together is not gone off somewhere, is not within anything he has. And that's going to
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be difficult because they let people, including Scott Besson, they let Musk's troops run rampant
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within these systems without enough security. And that's been warned over and over again by people
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Also, I think we have to have a letter of certification that not one data set or piece
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of data of the United States government or citizens of this country are withheld or held
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by anybody or any copies held except for the Trump administration, the U.S. government.
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And that has to happen, I think, in the month of May.
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And it sounds like you don't trust him not to take data.
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Today, the Wall Street Journal reported that the White House is considering slashing tariffs
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on China to deescalate the trade war, in some cases, by more than half. That still gets you
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above 50 percent. And the problem is, don't get too excited. The president has not made a final
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decision. Plus, while the White House sends mixed signals on whether or not there are active
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talks with the Chinese, the Wall Street Journal is reporting that there actually is a delegation
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of Chinese officials, including the finance minister and governor of the People's Bank
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of China in D.C. right now. But they have not scheduled any meetings with the administration
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and they're supposed to leave tomorrow. Sources say that could change if they do get meetings
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And secondly, would you support a millionaire tax?
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I think it would be very disruptive because a lot of the millionaires would leave the country.
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You know, the old days, they left states. They go from one state to the other.
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But now with transportation so quick and so easy, they leave countries, you'll lose a lot
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of money if you do that. That would. And other countries that have done it have lost a lot
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of people. They lose their wealthy people. That would be bad because the wealthy people
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And here's the thing. The alternative the populist nationalists offer is an alternative that you
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can see the sunlit uplands. Tons of change has to happen. But the other alternative, I'm telling
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you, is this Luigi. The look has treated like a hero. He's treated like Robin Hood. That should scare
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you to the marrow of your bones because that's the alternative. If the system keeps going like it is,
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that alternative is your alternative. We offer the populist nationalists offer something you're not
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going to love, but you'll be able to live with.
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This is the primal scream of a dying regime. Pray for our enemies because we're going medieval on
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these people. I got a free shot. All these networks lying about the people. The people have had a
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belly full of it. I know you don't like hearing that. I know you've tried to do everything in the
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world to stop that, but you're not going to stop it. It's going to happen. And where do people like
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that go to share the big line? MAGA Media. I wish in my soul, I wish that any of these people
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had a conscience. Ask yourself, what is my task and what is my purpose? If that answer is to save my
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country, this country will be saved. War Room. Here's your host, Stephen K. Bannon.
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Thursday, April, 24, April, Year of the Lord, 2025. Today in the imperial capital,
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the kinetic part, let's take all three, remember the central verticals of President Trump plus
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the additional fourth in the administrative state and the deep state. Let's go with the kinetic part
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of the third world war, which President Trump is leading an effort to bring peace to both the
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Middle East and peace to Ukraine by dealing with the Russians. The Russians, I think we'll have some
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footage in a little while. Putin and the Russians dropped a sledgehammer on Kiev last night in an
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attack. President Trump's just put out moments before we came on air saying, hey, this is not going
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to wash. This thing must stop now. So President Trump is deep into settling and sorting out
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the kinetic part of the third world war because folks were in the third world war. You could see
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that yesterday. I was trying to tell at the World Economic Conference, and that is the guys over at
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Semerford, Ben Smith and those guys, and they should be applauded for having me speak because you don't
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have a lot of populist nationalists invited there to talk. And that is a room full of globalists.
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Those are the people that control the money that makes the world work as it works today.
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And Ben was, I thought, very generous, good questions, and let me get answers out.
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On the second part, the deportations, we're going to have, Todd Benzman's going to join us at the
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bottom of the hour because the reality of this guy that they're saying needs to have, you know,
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due process and hearings, everything, is a human smuggler. He was caught by Tennessee. He was
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caught by Tennessee police, and he was part of a human trafficking gang out of Houston.
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Obviously, that's where the Democratic part, and this is how radical they are, but their strategy
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is smart from what they're trying to accomplish. And this is what we have to understand. They're
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trying to slow us down and slow the president down to delay us tonight. Now, they're doing
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it across all these federal jurisdictions, and now they've gotten a little savvy. They've backed
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off of doing the countrywide injunctions to the TRR somewhat. In Denver, they just filed the other
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day for the gang in Colorado. I gave that speech out there to the Colorado GOP. It was one of the top
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of mind things for those folks, how Colorado is being terrorized by the Venezuelan gang.
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The judge is now given a stay for 21 for deportations there. What is going on? And it's obvious.
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They're trying to force a constitutional crisis. They, the opposition, trying to force a
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constitutional crisis at the Supreme Court level to force President Trump's hands on deportations
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of the 10 million. Ladies and gentlemen, we're never going to get to the 10 million. The 10 million
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have to leave the country. The Wall Street guys are going to say it's impossible because they add to
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GDP. It's going to kick some of the recession. The corporate guys are saying you can't do it because
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it's, it's lowered inflation because it lowered wages. You're going to have every intellectual
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argument in the world. And now they're going to force us. And this is why DC Drano yesterday with
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that magnet or two days ago with that magnificent, uh, putting on the table, like in the war room,
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we put ideas out there and then develop those ideas. The writ of habeas corpus. They're going to force
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Trump's hand. Like they tried to force Andrew Jackson's hand and a little known story. They tried
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to force Abraham Lincoln's hand because Abraham Lincoln, for as much as people admire him and what
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he accomplished, he ran the civil war as a warlord, as a warlord. They're trying to force a
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constitutional crisis. In the middle of this, we have an economic and financial crisis and we need
00:13:53.660
to stop the happy talk. The moment is now. And this show and this audience, and I'm going to speak
00:14:03.480
some hard truths, but hard truths that have to be spoken today. If we make these decisions, let's make
00:14:11.680
sure we make them consciously and like with intent, just like Donald Trump came back from Mar-a-Lago
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to get into the race, to take back the presidency and the white house, understanding everything that
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was before him. We have to be that conscious of these decisions. We cannot happy talk ourselves.
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And all I'm hearing here in Capitol Hill is nothing but spin and happy talk of people who do not want
00:14:38.060
to face the crisis we are in regarding spending. Johnny Kahn is going to take us out. We're packed
00:14:45.080
all day today in the war room. Short commercial break. Back in a moment.
00:14:56.700
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Okay. The breaking news, President Trump is going to sign a executive order today targeting Act Blue.
00:16:34.180
Natalie Winters, called shot for Natalie Winters, who, by the way, is on page one of the style section of the,
00:16:40.380
of the fake news failing New York Times with an incredible article about her work here at the
00:16:46.540
War Room and at the White House. And I'm going to address the, Mike, Mike Davis is coming on at 11
00:16:52.020
o'clock with some additional stuff going on with the oligarchs. And I realize people, you know,
00:16:58.980
who you love the viceroy maybe are not ecstatic about the interview last night about the Justice
00:17:04.100
Department. There's a method to our madness here. Just understand. Look, I think it's bottom line.
00:17:09.760
Let's cut to the chase. The Justice Department is so overwhelmed. You throw this eel on them and
00:17:14.000
others. I think it just calls, you got to get a special prosecutor. You have to have a special
00:17:19.540
counsel that reports directly to the White House and the office of the president. Look, if we're
00:17:23.240
going to, if we're going to call their bluff on article two powers, a chief executive, he can cut
00:17:29.740
people and or cut money. They're going to do some impoundments or I think they're going to start
00:17:33.920
with rescissions. It's going to be a nine billion dollar rescission that comes up in the next 10
00:17:38.740
days. But impoundments about, and this is part of the Doge thing. I think there's some impoundments.
00:17:43.900
I think there's some impoundments there and that'll all have to go up, you know, on the boards.
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He's got that power. He's commander in chief. This is what they're forcing the constitutional crisis
00:17:53.660
at the Supreme Court. Write this down. They're forcing this. I can see their plan right now.
00:17:58.680
They are going to call our bluff on the on the article two powers on the unitary theory of the
00:18:06.220
executive as commander in chief in this situation with this guy and Todd Benson. We're going to force
00:18:12.800
him. They're going to embrace the fact that he's a human trafficker because I've ever come up with
00:18:17.220
the deep states national intelligence estimate that says it's phony that snuck through Tulsi Gabbard.
00:18:24.060
It turns out, I believe she's turned over three senior intelligence officials for investigation to
00:18:31.000
DOJ. And I don't think it's related to this. I thought so yesterday. Maybe. But we got to find out who
00:18:38.300
did that. This thing is building to a a crescendo. You're going to be you're going to have a ringside
00:18:46.380
seats. We don't need anybody up on the ramparts quite yet because we've got to work out the battle
00:18:50.480
plan. But this one's coming. It's to stop the mass deportations of the 10 million. Right.
00:18:57.800
They want first of they want as many gangsters and criminals in here as possible. Don't get me wrong.
00:19:01.580
But their big goal is to stop the deportations of 10 million. They're going to force him to go
00:19:06.200
Andrew Jackson, which is OK. I read the I read your opinion. Now enforce it. That's coming, folks.
00:19:14.040
This. This act blues. But but you can't. What what we're looking for and what I think is necessary
00:19:20.120
in the world of Tom Fenton and people like that in this audience is there's too much. They're
00:19:25.440
overwhelmed over DOJ. They just got a huge story today. Harmeet Dillons over the civil rights division.
00:19:32.400
There's already a revolt against Harmeet because she's over there for that nest of vipers.
00:19:37.100
Particularly, that's the election fraud division. At the same time, the antitrust is on fire
00:19:45.280
because they cleaned out Omeet and Gail Slater, who are just doing a magnificent job.
00:19:51.200
But Davis is going to be on here to talk to you about how people are trying to end run that.
00:19:54.680
These lobbyists to get to the president that just stop. It's it's what's happening in this
00:19:59.640
capital right now on every different vertical is all out warfare. Absolute warfare.
00:20:05.140
Trying to blunt President Trump from achieving his objectives. That's why in the cold open,
00:20:10.800
I wanted you to hear what they're saying, like particularly on China and China's coming
00:20:16.660
to a showdown. Gasparino's just got a a tweet out that says, hey, India may be the template
00:20:22.380
or Japan, but it looks like Besson's got Japan, Korea, Vietnam, a bunch of holding patterns
00:20:28.520
looking for an architecture of a memorandum of understanding. And that memorandum of understanding
00:20:34.640
would be that, uh, you know, in the site and I had the, uh, the, the, um, and I don't
00:20:40.220
have my FT from that day. It's over at my other desk, um, which showed the retaliation
00:20:45.460
the CCP is going to do against countries that buy into that architecture. India may be the
00:20:50.300
farthest down. India is a complicated one because India is not the best when it comes
00:20:54.240
to their terrorists, how we're treated. So it's going to be quite interesting.
00:20:59.740
What I said to the folks yesterday too, they said, well, the stock market up or down, you
00:21:02.820
know, Ben, it's up or down. Hey, it's a casino. This is Jack Posobiec this morning to me. It's
00:21:08.180
a casino. We don't care. We don't care the role of the roulette table every day. That's
00:21:14.840
not urgent. The bond market is different because we borrow so much money. We're jammed in.
00:21:21.200
And this gets back to the discussion we have to get on the table. The big, beautiful bill,
00:21:27.080
you got to break it down into kind of pieces that lead up to the big, beautiful bill. First
00:21:31.420
off, number one, there's, they're coming out now with, they're going to add a hundred
00:21:36.060
to $150 billion to the $880 or $900 billion already in the defense authorization. And this
00:21:43.960
is why Pete's tweeting out in all caps, excited. It's a trillion dollar defense bill. So riddle
00:21:50.100
me this. This is, I'm confused about this. Why do we have two carrier battle groups and
00:21:58.800
a carrier battle group, just so you understand, it's got an aircraft carrier worth an air wing
00:22:02.380
on it. The whole purpose of this is the projection of American power ashore to one, keep the skies
00:22:11.460
clear so that then fighter bombers can go across and deliver payloads on bad guys or people that
00:22:19.060
are enemies of this country. That whole battle group, it's got cruisers, it's got destroyers,
00:22:26.020
it's got frigates. I was honored to be a junior officer on a destroyer in these carrier battle
00:22:31.280
groups in the Pacific and in places like the North Arabian Sea and the Persian Gulf, although
00:22:35.940
the carriers don't go in there, thank God, the destroyers and frigates do. But you got supply
00:22:41.620
ships, you have oilers, you have all of it, huge amount of ships, right? I don't know, 10,000 sailors,
00:22:50.260
let's say. In addition, you have submarines, nuclear powered submarines in direct support,
00:22:55.220
fast attack, not boomers, fast attack in direct support. These are big, complicated war systems
00:23:01.620
of everything from aviation to submarine warfare to surface warfare, you know, missiles, guns,
00:23:10.260
air defense, everything. That's the projection of American power. That is since the Second World War
00:23:17.020
in the Pacific, not in the Atlantic, in the Pacific. That has been the basic building block of American
00:23:22.640
projection of power and to keep the sea lanes open. We are in, so riddle me this, in the Red Sea,
00:23:30.580
we have two carriers, but not one, we have two. And we're bombing the Houthis. Why are we bombing
00:23:34.780
the Houthis? They're an ally, they're a proxy, like Hezbollah, for the Persians. And they're on
00:23:39.860
the Arabian Peninsula. And both the Saudi Arabia and UAE who have failed to remove these guys after
00:23:46.520
decades and decades and decades, and hey, I'm not putting the total blame on them because the
00:23:49.800
Egyptians tried for 10 years and got wiped. It was their Vietnam back in the 60s and 70s. The Houthis
00:23:55.620
are tough hombres. They're kind of like the North Vietnamese, right? Live on very little and fight
00:24:01.960
you to the death. You meet a lot of these groups around the world, right? You get the back, what
00:24:07.360
Sun Tzu said, they're on the death ground. So they got no place to back up. They know that if you
00:24:11.580
succeed, they're finished. So they're going to fight you to the best. And they're given as good as they
00:24:15.780
get over there. They already took down an F-16. You read the combat reports, these guys going in for
00:24:21.540
these runs. It's not the best. But we're sitting there on a $1 trillion defense budget,
00:24:28.700
which is a centerpiece of the discretionary spending of this out-of-control spending of
00:24:33.840
the $6.5 or $7 trillion that we're adding, or assuming $900 billion, we're adding $150 billion
00:24:38.900
for more weapons, more toys. And we're keeping open the sea lanes of the Red Sea to the Suez Canal,
00:24:46.600
which opens up coming from the Persian Gulf through the Suez Canal to Europe. Only 3% of
00:24:53.060
the trade comes through the Red Sea of the Suez Canal that goes to the United States of America.
00:24:56.860
The rest of it goes to Europe. And we're in the process of negotiating deals with these
00:25:03.040
guys that were upside down on commercial relationships with Germany and Italy.
00:25:08.380
In Italy? Politico? I'll get it next thing. What have we said on this show about Maloney in
00:25:14.320
Italy, in NATO? Lead story in Politico this morning on the European edition was how Italy's
00:25:21.240
not going to get to the 2% of GDP for defense spending. We told you they're never going to
00:25:26.560
get there. And the accounting gimmicks they've got that they expose is ridiculous, as we told
00:25:31.820
you. They're not paying for the defense. Why? There's too much pressure for the broken
00:25:35.080
health care service. We told you this years ago. And I don't want to hear about Maloney
00:25:40.280
as the Trump whisperer. President Trump and Waltz has said they want Europe up to 5% of
00:25:47.480
GDP. I think we're at 3.5%. They want them at 5% because they've so underinvested for years.
00:25:54.600
Italy's not at 2% and you and your kids are keeping with two carrier battle groups. You have
00:26:00.520
to think through the world system and how central the United States of America is and most importantly
00:26:07.640
how central the deplorables are in their kids. That your kids, your sons and daughters are on those
00:26:16.280
battle groups. And yes, I understand the Navy has a mission to keep the ceilings open. Hell,
00:26:22.120
that's what I did as a young man. Right. It was more defined then because the Soviets, the Bolsheviks
00:26:30.360
were at a cold war with us with nuclear missiles kind of, you know, pointed at each other.
00:26:37.080
But there has to be, this is why the hemispheric defense is so brilliant. Yet we have a total
00:26:41.080
mismatch. Pete, brother, love you. We're fixed band nets to make sure they don't run you out of
00:26:45.240
there because you're the man. But you got to get control of the building because the building
00:26:50.220
runs the deal. The building is the defense contractors and all these original gangster
00:26:55.500
generals and colonels have been there forever and going to go work for the defense contractors
00:26:59.020
right afterwards. And I don't fault them for that. They've spent their entire adulthood in service to
00:27:03.820
their country. They've been underpaid that entire time. They got to make a little money. I got it.
00:27:09.340
But it sets up a system. Did Elon not break his pick on that? Remember we kept saying cross the
00:27:15.580
Potomac, cross the Potomac, cross Potomac, because you can't talk about fraud and waste and abuse.
00:27:19.900
Seriously, in this town, unless you're going to go to the Pentagon. And you know what's happened since
00:27:24.300
he went over there? Crickets. Because they're tough hombres. They're tougher than the Houthis.
00:27:32.300
Right? Particularly when it comes to spending money, your money.
00:27:37.420
So I said yesterday in front of this, we're looking up, the system we have is not sustainable.
00:27:42.860
Our alternative makes it sustainable. But if you continue on the path, you're going to get Luigi.
00:27:51.660
And Luigi is going to be gunning for those people in that audience, which I think the
00:27:56.540
audience understood what I was saying. They took it to heart, let's say.
00:28:01.820
We're going to show you the madness. Todd Benzman, the best. We got to use Todd while we got him.
00:28:06.380
Todd Benzman is going to be here and walk you through something. Your head's going to blow up
00:28:11.180
and it should. The April 15th tax deadline is coming and it's coming fast. Do you have
00:28:17.580
unfiled tax returns? Can't pay the IRS? The IRS is more than aggressive and the more aggressive than
00:28:23.660
ever. And the longer you wait, the worse it gets. Wage garnishments, bank levies, even property
00:28:29.900
seizures are all on the table. You need to get ahead of this. You need to get ahead of it today.
00:28:36.380
But going up against the IRS alone is a big time mistake. Take my advice. Call the experts at Tax
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00:29:08.940
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TNUSA.com slash Bannon. That's Tax Network USA. Go to TNUSA.com slash Bannon.
00:29:57.900
So I want to read this from the President of the United States. I'm not happy with the Russian
00:30:07.260
strikes on Kiev. Not necessary and very bad timing. Vladimir, stop. 5,000 soldiers a week are dying.
00:30:14.480
Let's get the peace deal done. Now, there's been another announcement. I haven't seen a formal
00:30:19.220
announcement. I'll ask my crack staff to check this out. Is the, about the associate joint press
00:30:28.580
conference tomorrow with Zelensky and President Trump. I'm seeing that cross. I don't know if
00:30:31.840
that's accurate. Now, can we check that out? That would mean Zelensky would be coming here
00:30:36.960
because the president doesn't leave for Rome until Friday night. Nothing. Okay. I'm seeing that.
00:30:41.340
I thought it sounded screwy, but you never know. Things are moving rapidly in an accelerating pace.
00:30:46.960
That's why Birch Gold, End of the Dollar Empire, understand this and you understand a lot about
00:30:54.220
where the world is financially and where you are financially, where your community and family are.
00:31:00.460
End of the, this is why we wrote it. Started four years ago. Sixth free installment,
00:31:04.020
End of the Dollar Empire. Go to birchgold.com slash Bannon. Get it. Get all installments free,
00:31:09.500
but most importantly, get in with Philip Patrick. They'll give you more research. You start to
00:31:13.080
understand it. It's not the price of gold. I keep telling you this. It's the process
00:31:16.320
of what drives gold is a hedge. You understand that. You understand a lot. And you don't need
00:31:22.740
a Harvard MBA to understand it. We will guarantee you that. We'll make it accessible to you. And
00:31:27.000
Birch Gold will make it accessible to you. But go check it out now. So I talked about the
00:31:31.720
word with President Trump right there on the Third World War and the, in the negotiations
00:31:35.520
for the kinetic part. We're in the Third World War. I told these guys yesterday and they know it.
00:31:40.160
The Chinese Communist Party has been engaged in an economic war. And that's why I walked through
00:31:44.360
everything they broke. They got, we got them in the World Trade Organization. We gave them
00:31:47.740
most favorite native status and they stiffed us. And they've stolen $600 billion a year of
00:31:52.560
intellectual property. $600 billion a year. Stolen. Or forced in joint ventures. They have
00:31:58.640
Obama's big cyber deal he signed. They never lived up to any of it. Joe Biden. The Hong
00:32:04.780
Kong, which they gave 70 years of freedom. On 2019, they're cracking down a lock, putting
00:32:10.000
everybody in jail and they run the deal now. Chinese Communist Party runs Hong Kong. I can't go
00:32:14.200
there because I'm sanctioned by the CCP. I can't, I can't go to Hong Kong. The, um,
00:32:19.920
President Trump spends two years with Lighthizer to negotiate the deal that would integrate them
00:32:25.920
into the, you talk about coupling, it would couple. They spit in our face after two years.
00:32:30.520
Lee He walked away. We got the skinny deal later, but even on the skinny deal, they haven't
00:32:35.160
lived up to anything. Nothing. They're at economic war with us. We have to face it. Talking
00:32:41.520
by President Trump climbing down. Hey, and I don't, she's not going to, not going to,
00:32:45.400
not going to blink. So you have two options as I see it. Number one, a third party can
00:32:50.200
intervene and you use a third party to maybe start talks. But I think you have to have the
00:32:56.460
India, Japan, South Korea, Philippines, Taiwan layered over, which they're so freaked out
00:33:02.240
about as least the architecture of what those trade relationships are. And remember, we got
00:33:07.920
carry battle groups all over there to keep those folks free in air assets and marine assets.
00:33:15.120
We're paying for their security. That's why your defense budgets $1 trillion a year.
00:33:20.620
Okay. Particularly when we're going back to a hemispheric defense. If we went back to the
00:33:27.720
hemispheric defense, which Trump says we're going to, if we went to that and restructured
00:33:33.100
the military rent, we cut $200 billion out of the defense budget today. I can share the Pentagon
00:33:39.940
$200 billion today, not in 10 years, today. Today. The third part, or the second part is the
00:33:52.020
deportations. We're going to get to that. We're going to get to the financial. I want to go to
00:33:55.040
the deportations in a second. Remember, take your number two pencil out and write down the strategy
00:33:59.840
here. What they are doing is making sure that the 10 million that came here on, and I use that
00:34:07.780
number because Todd Benson said that's the closest number we got. People came before. I deal with
00:34:12.440
that later. Let me deal with the 10 million that came here illegally in an organized invasion
00:34:16.920
by people who are not being investigated and got to be. Dave is going to come back over here. We're
00:34:22.000
going to talk about that. We're going to get him on Skype about the DOJ thing.
00:34:28.560
And the deportations, the game is they're going to try to slow us down and force our hand here on the
00:34:33.460
most radical members of the gangs. Glenn Beck, who was here the other day, went to the White House,
00:34:40.340
had a great interview with President Trump. And President Trump, and Glenn lays that, it's a
00:34:43.980
judicial insurrection. And Trump agrees, and Trump walks through. He gave every guy a due process
00:34:48.860
hearing. It'd take us 200 years. Well, we don't have to. A lot of these guys, 1.6 million of them
00:34:54.280
already have orders to get the hell out of here. 1.6, another 2 million, as Todd Benson was told,
00:34:59.440
is all these phony things on the app are burning off. So you got three and a half million we can
00:35:03.480
deal with right now. This is why they're going to the Supreme Court. And this is what Roberts in
00:35:08.580
the court that we picked, write this down, assures the turning of the earth. We're going to have a
00:35:17.280
cataclysmic hearing at the Supreme Court, and they're not going to back Trump. They're not. They are not.
00:35:23.960
They do not want to take the heat. That will be heat much higher than they took on the abortion
00:35:31.560
ruling. And that scared them to their core. They're frightened. They're intimidated. As
00:35:38.300
many people get intimidated. And then Trump's going to have to think through, habeas corpus,
00:35:49.960
he's going to have to think through Andrew Jackson and Lincoln. I'm going to get, I'm bringing in
00:35:57.200
Benzman right now, explaining to who, what they're defending. You know, Jackson, they said,
00:36:01.800
hey, Jackson said, hey, they, they pass it. Now go enforce it. Lincoln, in the early days of the
00:36:09.440
Civil War, they couldn't get the troops from the North. He called for a 50,000 troops right after Fort
00:36:16.280
Sumner. 50,000 troops from the various states to come to Washington to defend the Capitol because
00:36:23.180
they were afraid the, the rebels, the Confederates might move on D.C. immediately. That battle ended
00:36:28.540
up right outside of D.C. at Manassas. Bull run to Yankees, Manassas to Confederates. Remember,
00:36:37.200
the Yankees, I'll name them on the Creeks. They were defending in the, in the, in the Confederates on
00:36:43.240
the towns that they were taking, like Antietam or Sharpsburg. Pick it, pick them. You had to come
00:36:54.640
through Baltimore. Lincoln had to sneak into the Capitol disguised. Pinkerton was the, had disguised
00:37:03.380
on a midnight train when he got to Baltimore because Baltimore is essentially a Southern city,
00:37:07.820
like Washington was a Southern city. They had to sneak him in here and he went to the Willard Hotel,
00:37:12.900
got it like the red eye, got in overnight from Baltimore, snuck in and he regretted it the rest
00:37:17.480
of his life because the media mocked him. Totally said later, regretted it, doing it, but they felt
00:37:23.040
it had to be done. When the troops got, when he called for the troops to come in, the Baltimore City
00:37:29.140
Council, the, the, the, the, the rebel forces in that town, the plug uglies, essentially shut the city
00:37:35.840
down, said nothing's going south there on a train, not going to happen. No troops are going to
00:37:40.040
Washington, D.C. because we kind of are Southern sympathizers because of, in rural Maryland,
00:37:46.580
there was a lot of, uh, and this is where the plot to kill Lincoln later was from that, you know,
00:37:54.280
from Maryland, right? All those Marylanders and ran the Surratt, Mary Surratt ran the, um, ran the house
00:38:02.640
here with the Confederate Secret Service and she was from Maryland, her old man owned a tavern out there,
00:38:07.020
all Confederate sympathizers. So in 1861, they block it. And, uh, and so what did Lincoln do?
00:38:14.060
He went and arrested, he put, he arrested the Baltimore, I think the mayor and the city council
00:38:19.120
of Baltimore and put them in jail and open up for, for, open up for the troops to come through
00:38:24.860
and essentially save Washington, provide defense, which were the darkest days of the Civil War for
00:38:29.560
them occurred then because they didn't think any troops were coming. They thought the game might be
00:38:33.240
over when they started. Tawney, the chief justice of the Supreme court who had written the Dred Scott
00:38:40.260
decision, right? This is a beauty. He written the Dred Scott decision, kind of got us in here anyway.
00:38:46.940
He sends over a thing to, to Lincoln is saying, Hey, I noticed that, uh, on, uh, you know, on, um,
00:38:53.220
that the Baltimore city council, the mayor, you got them locked up and you've brought no indictment.
00:38:57.260
And so for habeas corpus, you got to either give me an indictment or they, the Baltimore official
00:39:01.780
federal attorney, U.S. attorney got to give him an indictment or you got to let him go.
00:39:07.320
And, and Lincoln called Hey over John. Hey, the Hey Adams is named after him. He became the secretary.
00:39:12.640
Say one of the most famous man, men in the 19th century, young 21 year old secretary, all secretary
00:39:17.360
and male secretaries said, you know, don't write this down, but take this over to him. Just remember
00:39:21.880
what I tell him, tell him if he, cause Tony said, if it doesn't happen 24 hours, I'm going
00:39:28.020
to let him go. Hey, goes over to the chief justice. I got a message with the president
00:39:32.720
of the United States. Oh, young man, what is it? He says, the president says, if you release
00:39:37.280
the city council and the mayor in 24 hours on habeas, because of habeas corpus, he's going
00:39:42.660
to put you in jail. Tony didn't say anything else. And I believe the city council mayor stayed
00:39:51.600
in jail for the duration of the war. Lincoln ran as a warlord, shut down the press, the
00:39:57.720
rest of the guy held guy, guys in Congress ran to Canada. He ran as a warlord. You know
00:40:03.280
why? That's the only way he could beat the Confederacy. He had to run as a warlord. You
00:40:07.840
think he used to talk all the time about they were shredding the Constitution. They talked
00:40:11.580
about the expanded powers, the inherent powers of the executive. Right? He and that war cabinet
00:40:18.860
were some of the smartest lawyers in the country. There's a group of really smart lawyers, deal
00:40:22.380
lawyers. They used to talk about the implied, the implied, the implied powers of the Constitution
00:40:30.540
for Article 2. It's got that scene in the movie Lincoln where he finally had it. He's trying
00:40:36.700
to get the amendments at the end of the war. You know why? They needed these amendments
00:40:40.700
to try to justify just saying. Later on, the reason nobody's tried for treason, they didn't
00:40:46.460
think they could win in federal court. Just saying. Just saying. That's why they had
00:40:51.740
to get these done. Lincoln was on the thing. Get them done. Get to get these amendments
00:40:55.020
passed. And remember, he's horse trading. Guys had come in and want to be in post office.
00:41:00.940
Got to give a guy post office. All the guys that got beaten in the election, all these deadbeat
00:41:07.020
congressmen needed something because they could still vote. Because back then it was in March
00:41:11.020
when everything flipped over. Or when the president was inaugurated. So he had some time.
00:41:20.060
So, and he says, he bangs the table and finally says, I had enough of this. I'm president of the
00:41:25.820
United States. Endowed with virtually unlimited power. That's Lincoln. This is where it's coming to,
00:41:35.900
folks. Write it down in your notebook. On a financial crisis we have. In the beginning of
00:41:44.540
the kinetic phase of the third world war, the man's trying to bring peace. In a global reordering
00:41:52.860
of commercial relationships. So finally we can stop the madness of us being ripped off and underwriting
00:41:58.620
the security of the people ripping us off. Defense Department, House Armed Services Committee.
00:42:06.780
I know you love spending the money because they're taking out to the big dinners and they're giving
00:42:10.380
you stipends and you, you know. And yes, in your districts you got high paying jobs. God bless them.
00:42:16.620
But at some point in time we're gonna have to hammer the swords into plowshares.
00:42:20.620
It's madness. This system is not simply, it's not simply unsustainable because it's unsustainable.
00:42:33.100
At two and a half, we're gonna have a two and a half trillion dollar deficit this year.
00:42:36.700
This year. This fiscal year ending September 30th. Write that down in your notebook too.
00:42:43.180
It's unsustainable. It's also insane. It doesn't make any sense. There's no logical connection
00:42:48.940
to this. We're fighting a global trade war because they're all ripping us off,
00:42:53.340
not just on tariffs, but on non-tariff ways they don't let us into the country.
00:42:58.540
And there's no manufacturing here. And we've become a total consumer that we have to,
00:43:03.980
it's all federal money. Shutting down the law firms. What was about federal money? Shutting
00:43:07.980
down the universities. What's about federal money? It's all federal money. It's all your money because
00:43:12.620
we just keep the money machine cranked up and eventually can't pay for it.
00:43:17.020
And you underwrite the defense of the, you essentially our beloved military of which I
00:43:24.700
served in with pride. And Mo served in pride coming out of West Point. They've tried to turn
00:43:31.980
our military and basically rent a cops to the casino. We can't have that happen. That's what they're
00:43:38.460
trying to do. This is an insane system that's not sustainable. And the only people that can
00:43:46.940
make changes are you having President Trump's back. Benzman next.
00:43:55.340
You've heard me talk about Patriot Mobile for a while now. You probably know that for years,
00:43:59.260
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So if you call in, tell them Bannon also. Switch today. That's PatriotMobile.com slash Bannon or call 972-PATRIOT.
00:45:21.260
Okay, at the top of the show, we talked about what Steve Leisman, the big liberal over at CNBC,
00:45:31.340
is ripping on Trump. No plan, no strategy. I said there's two alternatives now, basically,
00:45:35.580
because there is a process. Besson has a process going. Is that process moving as quickly as people
00:45:41.900
want? No, because these are complicated things, even to get to the architecture,
00:45:45.260
the memorandum of understanding. However, I said now there's two passions go down.
00:45:50.220
One is the third party and get in the room of the Chinese or continue to work your deals,
00:45:55.180
work your process, and escalate. This is from President Trump, hot off the press,
00:46:00.140
just came across, true social. Boeing should default China for not taking the beautifully
00:46:05.340
finished planes that China committed to purchase. This is just a small example of what China has
00:46:09.740
done to the USA for years. And by the way, fentanyl continues to pour into our country from China,
00:46:14.300
through Mexico and Canada, killing hundreds of thousands of our people. And it better stop now.
00:46:25.180
There's not going to be happy clappy. And of course, the casino doesn't like it because the
00:46:29.020
casino likes Lao Bai Jing being a slave labor. The casino likes dumping money into China.
00:46:39.260
Thank you, Jack Bosovic, for reminding me of that.
00:46:42.940
Todd Benzman. They're going, this is going to go to the Supreme Court and it's going to be a
00:46:49.500
constitutional crisis and they're going to try to force Trump to be Andrew Jackson.
00:46:54.380
Right. Tell me about the individual. I want to make very clear, because this is not getting
00:47:00.060
enough air. We had Leahy on last night, but this is John Solomon's done great work.
00:47:04.860
Leahy's done great work. Benzman's done great work. What exactly are they defending, sir?
00:47:12.380
Well, the pro-criminal crowd chose this hill, the Abrego Hill, to die on for some reason.
00:47:19.020
It just keeps getting worse and worse. We now have new information about Abrego,
00:47:26.060
a traffic stop out of Tennessee state trooper. In 2022, the guy had seven or eight what he called
00:47:34.380
construction workers that he was driving from Texas to Maryland. The trooper, according to the reports,
00:47:43.180
said that he believed this was a smuggling event. So he took a bunch of information. He
00:47:51.020
you know, collected what he needed to. I don't know why he didn't arrest. We still don't have that
00:47:57.980
information about why he didn't arrest. But one thing he did say is that that car is my boss's car,
00:48:05.260
the vehicle. Just News came out with the vehicle owner's name, his boss's name, which turns out to
00:48:14.140
be Jose Ramon Hernandez out of Houston, an illegal alien crossed after he was deported again, who was
00:48:26.300
running a smuggling operation out of Houston in 2019. The guy got convicted. His boss.
00:48:35.500
Hang on. He said he told the troopers because he didn't had an illegitimate license because it's for
00:48:41.580
illegal aliens that Maryland get these radical Democrat states give these guys driver's license,
00:48:46.780
but there's only to use in the state. He had that the registration. He was driving somebody else's
00:48:52.780
car. Normally, unless you can really confirm that they put them lock them up right there.
00:48:57.260
Tennessee state police dropped the ball here unless they come forward quickly and say you
00:49:02.140
dropped the ball and the FBI dropped the ball. But I'm not shocked about that cash. That's another
00:49:06.380
reason they should be shut down. He told the state. Hang on. We got to get that. He told the state trooper.
00:49:13.340
This is my boss's car. His boss was convicted of human trafficking out of Houston, which Todd
00:49:21.100
Benzman has taught us now the last four years is one of the hotbeds for human trafficking in the
00:49:26.860
United States. Am I correct in all that, Todd Benzman? That's right. And you don't even have to take it
00:49:33.020
for me because the boss, Abrego's boss, waived his Miranda rights and said everything. This one happened
00:49:42.860
in Mississippi. He got caught with a load of nine illegal aliens, several of whom had recrossed,
00:49:51.100
so they were doubly criminal aliens. And those guys were all interviewed. Also, his brother-in-law
00:50:02.700
was arrested at the scene and they waived their Miranda rights. So it's all right there in the
00:50:08.380
court records. You can read all about it. They'd been doing the business for at least five or six
00:50:13.740
months, had done half a dozen trips to five different states, South Carolina, Georgia, Virginia,
00:50:23.740
Maryland. It's a smuggling operation. And they got arrested, prosecuted, pled guilty to the charges.
00:50:32.700
And spent 18 months in jail. By the time he got out, it was the Biden era. And Biden was letting all
00:50:39.820
the criminals stay rather than deporting them as necessary required by law. And so it looks like
00:50:47.660
he went right back to his smuggling game, which was booming in 2022 when Abrego got caught in that very
00:50:56.700
boss's vehicle, he said, with a load of aliens. So those who are trying to, the pro-criminal
00:51:05.420
crowd that's out there trying to paint this guy as a loving father of five who just kind of got in a
00:51:13.260
tiff with his wife once or twice, but otherwise was great, are working overtime to return this guy back
00:51:21.260
to the United States so he can deliver another brutal beating to that wife, who, by the way, is out there
00:51:28.300
stumping on his behalf, weeping and crying. And it's got GoFundMe pages and is making all this money,
00:51:34.780
undoubtedly, to, you know, advocate on his behalf.
00:51:41.500
Right. Of course, I don't care what the wife says. I don't care what the wife says. I don't
00:51:45.500
care what the kid says. I don't care about any of that. He said he was driving his boss's car and
00:51:50.380
his boss is convicted of human trafficking. And he had eight in the car. And it's outrageous that
00:51:57.420
the Tennessee, the Tennessee state police didn't take them downtown right then or take them to the
00:52:03.180
who's gal just to figure out what's going on. They let them go. This is what happens every day in
00:52:08.380
this country. Don't think the law enforcement is totally on top of this. We love the cops.
00:52:12.700
But this happens every day because it's too much. Once you do that, you're in immigration. It's a
00:52:17.020
pain in the ass. They want to go. They want to go lock up bad guys. I get that. But don't think
00:52:24.060
that because ICE is not around once in the interior, they move around. You're seeing it right here.
00:52:30.140
This guy was a human trafficker in the process of trafficking eight individuals to Maryland to work
00:52:36.460
for slave wages. Because that's the way the system works. And unless you call it out every day,
00:52:45.580
nothing changes. Ben's going to hang on. I got Davis. I'm talking about this constitutional crisis.
00:52:49.900
So much more in economics. I got a shocking story to Colorado. I know. Can't believe something
00:52:55.100
shocking is happening in Colorado under Polis. Guy wants to be president of the United States. Well,
00:53:01.100
when you hear what they got rolling down there, I don't think he's going to be the top of your list.
00:53:04.540
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