Bannon's War Room - May 21, 2025


Episode 4500： BREAKING Report From Rick Grannel On Freed US Veteran


Episode Stats

Length

55 minutes

Words per Minute

163.14342

Word Count

8,996

Sentence Count

734

Misogynist Sentences

5

Hate Speech Sentences

17


Summary

Alex Blumberg and Katie and Alex discuss the collapse of the tax reform bill in Congress, and why it s still not a done deal. Plus, a look at how Biden s mental acuity failed him, and how the media covered it up.


Transcript

00:00:00.320 Today, it's the one big, beautiful bill that was going to fix pretty much everything.
00:00:06.480 The largest tax cut in American history, protection for Medicaid, border security, air traffic control, and even an end to wokeness.
00:00:15.560 All of that straight out of the White House's own description of what the bill can do, by the way.
00:00:19.860 The problem is, it's hard to argue that any of that would happen if the bill doesn't get passed.
00:00:26.500 And the deeply divided Republican caucus is still making changes to it as we speak.
00:00:33.240 It is in danger, which is probably why Trump himself marched to Capitol Hill today with a couple of warnings to the Republicans standing in his way.
00:00:42.020 Number one, to the moderates who are demanding state and local tax deductions, salt.
00:00:46.840 He said, quote, let it go.
00:00:48.680 He even called out New York Congressman Mike Lawler by name, saying, quote, end it, Mike, just end it.
00:00:54.820 And order number two went to the Freedom Caucus.
00:00:58.560 Don't F around with Medicaid, he said.
00:01:01.840 Bring us to the Hill today.
00:01:03.300 What did Donald Trump get out of this meeting?
00:01:07.300 Well, it's clear, Katie, that he hoped that he was going to be able to close the deal today,
00:01:11.600 that he was going to be able to walk into that room and look at the dispirited factions of the Republican caucus
00:01:16.620 and tell them the time for fighting is over.
00:01:19.420 Get out of your corners.
00:01:20.900 Come to the floor and vote yes.
00:01:22.360 And while there is some signs that he may have moved the needle more in that direction,
00:01:28.340 he has by no means closed the deal.
00:01:30.660 There are a number of House Republicans, both on the conservative side of the ledger
00:01:34.640 and those more moderate Republicans from blue states that are worried about the state and local tax deduction,
00:01:40.040 who are still no votes and still want to see demonstrable changes in this bill before they're ready to vote yes.
00:01:46.080 This despite Trump in that meeting specifically calling them out,
00:01:50.760 specifically telling them that the time for grandstanding was over and that they all needed to come together
00:01:56.640 and basically all give a little bit to get to a place where this bill could be passed and over the finish line.
00:02:03.720 Now, what's interesting is the dynamic that you see playing out from these Republican members as they exited that meeting.
00:02:09.460 They're not necessarily bucking Trump.
00:02:12.600 They're not saying that Trump is not the reason that they're going to vote yes,
00:02:16.160 but they're instead putting that responsibility on the House Speaker Mike Johnson to tweak the package in a way
00:02:22.180 that can make them feel comfortable voting yes so that they can then do what Trump is asking them to do.
00:02:27.860 So while Trump may have moved things in the right direction, it's by no means a done deal.
00:02:32.300 And there's a lot of work that needs to happen between now and the deadline,
00:02:36.220 the self-imposed deadline that the speakers put on them to get this done before the memorial holiday.
00:02:41.220 The criticism has been that you're complaining about a cover-up about Joe Biden's mental acuity that failed,
00:02:48.440 that right-wing pundits saw, the right-wing in general saw, that independent media saw and reported on,
00:02:54.940 and that was no mystery even to left-wing and so-called mainstream reporters who were not fooled,
00:03:02.280 but chose willful blindness instead of honest reporting, and that you were part of it.
00:03:08.660 How do you respond?
00:03:11.180 It's a tough and fair question.
00:03:14.240 I would say that Alex and I, after Election Day, interviewed more than 200 people,
00:03:23.080 200 mostly Democratic insiders, and almost all of these interviews were after the election.
00:03:30.580 And they justified to themselves what they had done in terms of misrepresenting how the president was,
00:03:38.300 not just to me and Alex and other reporters, but also just to each other and to the world
00:03:44.920 and to Democrats and to the cabinet, et cetera, by saying that there was this existential threat of Donald Trump
00:03:49.660 and only Joe Biden could beat Donald Trump, and that justified everything in their minds.
00:03:53.800 After that existential threat was over, because the election was over and Donald Trump won,
00:03:58.300 they were, we found, Alex and myself, remarkably willing to talk to us,
00:04:04.160 either off the record or on background, or in some cases on the record, about what they saw.
00:04:09.880 One of the things that emerged was that there were two Bidens.
00:04:14.460 One was the fine Biden, serviceable, adequate, and the other one was a non-functioning Biden,
00:04:21.760 and that's the one we saw the night of the debate.
00:04:24.060 And that's the one we saw some clips of here and there that you just showed.
00:04:27.320 And that non-functioning Biden, the one that lost his train of thought in a significant way,
00:04:32.640 not in the way just that every human loses their train of thought,
00:04:35.800 but in a way that shows that he's having trouble articulating his very views.
00:04:40.960 And the one who forgot the name of close aides, who was not able to come up with George Clooney's name,
00:04:48.140 didn't seem to recognize him, all that sort of thing.
00:04:51.260 That non-functioning Biden was, according to our reporting,
00:04:55.220 showed up as far back as 2015, after the death of Beau,
00:05:00.600 where one top aide said that that tragedy, the loss of Beau,
00:05:05.220 was like watching somebody pour water on sand.
00:05:08.420 That was the effect on his psyche.
00:05:09.960 In the campaign, I promised the American people that I would build a cutting-edge missile defense shield
00:05:14.740 to protect our homeland from the threat of foreign missile attack.
00:05:20.280 And that's what we're doing.
00:05:21.740 Today, I'm pleased to announce that we have officially selected an architecture
00:05:25.820 for this state-of-the-art system that will deploy next-generation technologies
00:05:30.760 across the land, sea, and space, including space-based sensors and interceptors.
00:05:36.860 And Canada has called us, and they want to be a part of it.
00:05:40.400 So we'll be talking to them.
00:05:41.720 They want to have protection also.
00:05:44.540 So as usual, we help Canada do the best we can.
00:05:48.340 This design for the Golden Dome will integrate with our existing defense capabilities
00:05:53.940 and should be fully operational before the end of my term.
00:05:57.300 So we'll have it done in about three years.
00:06:00.760 Once fully constructed, the Golden Dome will be capable of intercepting missiles,
00:06:05.700 even if they are launched from other sides of the world,
00:06:09.160 and even if they are launched from space.
00:06:11.720 And we will have the best system ever built.
00:06:15.440 As you know, we helped Israel with theirs, and it was very successful.
00:06:20.500 And now we have technology that's even far advanced from that.
00:06:24.340 But including hypersonic missiles, ballistic missiles, and advanced cruise missiles,
00:06:29.600 all of them will be knocked out of the air.
00:06:32.360 We will truly be completing the job that President Reagan started 40 years ago,
00:06:37.960 forever ending the missile threat to the American homeland.
00:06:41.580 And the success rate is very close to 100%, which is incredible.
00:06:45.880 When you think of it, you're shooting bullets out of the air.
00:06:47.920 This is the primal scream of a dying regime.
00:06:55.960 Pray for our enemies.
00:06:57.980 Because we're going medieval on these people.
00:07:01.200 Here's the time I got a free shot at all these networks lying about the people.
00:07:05.480 The people have had a belly full of it.
00:07:07.360 I know you don't like hearing that.
00:07:08.800 I know you've tried to do everything in the world to stop that,
00:07:10.580 but you're not going to stop it.
00:07:11.500 It's going to happen.
00:07:12.540 And where do people like that go to share the big lie?
00:07:16.100 MAGA Media.
00:07:17.080 I wish in my soul, I wish that any of these people had a conscience.
00:07:22.960 Ask yourself, what is my task and what is my purpose?
00:07:26.720 If that answer is to save my country, this country will be saved.
00:07:33.040 War Room.
00:07:33.920 Here's your host, Stephen K. Band.
00:07:40.460 Wow, what an afternoon.
00:07:42.540 We're going to try to get Rick Grinnell on.
00:07:45.480 Rick Grinnell's got the big breaking news coming out of Venezuela.
00:07:49.960 So Ambassador Grinnell, hopefully you'll join us the moment he arrives,
00:07:54.420 I think at Dulles Airport.
00:07:58.540 Philip Patrick's also going to join me.
00:08:00.020 I think it's a good time to get him on here and talk about financial stability
00:08:04.160 or personal financial stability because things are bouncing around.
00:08:07.640 So still scheduled tonight at 1 a.m.
00:08:12.060 Wednesday morning, I guess you would call it, Eastern Daylight Time.
00:08:15.060 We will stream that to the degree that Grace can put this thing up.
00:08:23.360 It's going to be a rules vote.
00:08:24.540 It's still scheduled.
00:08:27.080 The president did bring people together to say, hey, we have to get a deal.
00:08:31.360 So those kind of outliers, and we put up one of the tweets from other political reporters
00:08:37.280 kind of show the scorecard.
00:08:38.520 I don't know.
00:08:38.880 There's like 25 or 30 people.
00:08:40.420 Part of those are the salt.
00:08:41.640 And the salt, they're getting changes.
00:08:45.880 They're getting changes that, and this is kind of my problem with Johnson.
00:08:49.200 So I don't know.
00:08:53.040 Why do you need the president in the middle of this negotiation?
00:08:55.720 You're the Speaker of the House, and now we've got the salt guys are going to get a better deal for them.
00:09:00.780 That's fine.
00:09:01.400 That's what negotiations are.
00:09:03.860 But you bring the president in to close, not to do negotiations.
00:09:07.620 Now, they're getting it done.
00:09:10.120 It looks like they could be happy.
00:09:11.660 The Freedom of Caucus, I understand there's tons of meetings going on, lots of numbers going back and forth on the Medicaid part of it.
00:09:19.780 But they're also in negotiations.
00:09:22.640 Remember, the manager's agreement or the manager's memo that would change the bill has to go out a couple hours, I think, before the Rules Committee vote.
00:09:34.620 So that should just happen sometime late tonight, or that will be postponed because I don't think they can pass the rules.
00:09:42.180 Although Norman says he would do it.
00:09:44.420 And maybe they pass the rule and it goes to the floor and they have a floor fight, and that's where it takes place.
00:09:49.300 So we'll have to see.
00:09:50.120 But a lot of activity, and I would say a lot of positive activity, since the president's visit this morning.
00:09:58.540 Things are at least heading, I think right now you can say, in a way to get actually everybody on board with at least a couple of wins.
00:10:07.460 You're not going to get everything you want in the deficit, but people are making progress.
00:10:12.480 The president did drop another bomb, no pun intended on this one, over at the White House with Pete Hegsitt, the Secretary of Defense.
00:10:25.000 It was put out beforehand.
00:10:28.020 I think they're starting a commission or something to look at the Afghanistan withdrawal, some formal review process, which I guess would be the beginning of court-martials, etc.
00:10:39.980 or some review process in a more formal way about Afghanistan.
00:10:43.700 Then Paul Sperry of the New York Post had just put out a tweet that said a bunch of senators want a much tougher, want something much tougher about Milley, about for treason.
00:10:56.420 And I'll have to get into the—I'll try to dig that around that as the show progresses.
00:11:01.580 But the president's—he said, hey, we're doing a Golden Dome.
00:11:07.780 It's going to be a version or, I guess, inspired by what's happening in Israel.
00:11:13.520 Now, as you can imagine, it's a much larger geographic area.
00:11:22.380 And the president said, done, start and done in three years.
00:11:26.400 I hope that's why the defense budgets are a trillion dollars in this stamp, because this is quite expensive.
00:11:33.500 Remember, he referenced President Reagan in Star Wars.
00:11:36.460 I believe—and I made a film about this, Reagan's—about Reagan's war in the face of evil, of his bringing down the evil empire.
00:11:46.740 That was kind of the coup de grace, boom, that they couldn't match with technology and money on that.
00:11:54.720 And they kind of—I'm not saying they gave up, but they realized the game was over if we could take the strategic high ground.
00:12:00.320 A lot of people laughed at President Reagan.
00:12:02.180 And it didn't—it was so expensive, they didn't really pursue it.
00:12:07.340 Also, I guess you had the Anti-Ballistic Missile Treaty.
00:12:09.780 You had all types of things that kind of ensnarted at the time.
00:12:14.280 But President Trump said, hey, before he leaves office—and I would actually say President Trump,
00:12:20.300 I think that's after your fourth—your third term, your fourth victory in your third term.
00:12:26.340 So we got a ways to go, but he said in—he said in three years he would have the Golden Dome completed.
00:12:34.260 That's got all their heads blown up.
00:12:37.860 So President Trump today on another roll in victory after victory.
00:12:41.900 The Senate actually put out an act to make sure that they're showing that they're in the reflective glory of President Trump.
00:12:50.980 Talk about grandstanding.
00:12:53.380 I thought this was going to be in the reconciliation bill, but whatever.
00:12:56.520 They put out the No Tax on Tips Act, going full populist on us, 100 to nothing, 100 to zero.
00:13:08.540 Is that the poll of populist economic policies?
00:13:12.640 They don't vote on post office—post office names of post offices that are 100 to nothing.
00:13:20.380 That is quite unique.
00:13:22.560 100 to zero.
00:13:24.040 The Senate supported the No Tax on Tips Act.
00:13:29.920 Just incredible.
00:13:31.280 Another incredible day.
00:13:32.440 President starts with a historic trip to the Capitol to push forward his budget and his tax plan.
00:13:39.200 There was a lot of dissension, but that looks like it's all coming together.
00:13:44.140 Deals are being cut even as we speak.
00:13:47.100 They intend tonight at 1 o'clock in the morning to have a rules vote and get this thing rolling up on Wednesday and Thursday for votes
00:13:54.220 before they go home for their Memorial Day break.
00:13:59.260 You wouldn't want them to miss a Memorial Day break, would you?
00:14:04.040 Do you get the days off to the guys in the house?
00:14:06.140 The only thing you can say is that they do less damage, I think, when they're out of town than when they're in town.
00:14:13.800 So you can't criticize too much being out of town because there's less damage.
00:14:18.000 But this right here, they're trying to jam everything together.
00:14:20.840 And I do understand there's some progress being made, although a lot of people are saying,
00:14:24.340 hey, they're going to fight this on the floor and we'll have to see.
00:14:27.380 But as of now, people are working away behind the scenes.
00:14:31.860 Birchgold, take your phone out.
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00:14:41.280 The ultimate guide.
00:14:42.680 And it's an ultimate guide that's totally free.
00:14:45.300 On investing in gold and precious metals in the age of Trump.
00:14:50.180 Plus, you get to make the acquaintance of Philip Patrick and the team at Birchgold.
00:14:55.200 On the road to Rio and the Rio Reset.
00:14:58.400 Short break.
00:14:59.020 Back in a moment.
00:14:59.520 This July, there is a global summit of BRICS nations in Rio de Janeiro.
00:15:04.660 The bloc of emerging superpowers, including China, Russia, India and Persia, are meeting with the goal of displacing the United States dollar as the global currency.
00:15:15.160 They're calling this the Rio Reset.
00:15:18.300 As BRICS nations push forward with their plans, global demand for U.S. dollars will decrease, bringing down the value of the dollar in your savings.
00:15:26.960 While this transition won't not happen overnight.
00:15:30.540 But trust me, it's going to start in Rio.
00:15:32.880 The Rio Reset in July marks a pivotal moment when BRICS objectives move decisively from a theoretical possibility towards an inevitable reality.
00:15:45.180 Learn if diversifying your savings into gold is right for you.
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00:16:13.620 And the Rio Reset.
00:16:16.160 Text Bannon, B-A-N-N-O-N, to 989898.
00:16:20.580 Do it today.
00:16:21.820 That's the Rio Reset.
00:16:23.220 Text Bannon at 989898 and do it today.
00:16:28.020 Here's your host, Stephen K. Bannon.
00:16:32.740 So where are we in all this?
00:16:38.300 President Trump, as you know, yesterday has the phone call with Putin.
00:16:42.960 He's very engaged now with trying to sort out and have everybody lay down their guns on the kinetic part of the Third World War.
00:16:55.260 Simultaneously, there's this issue in Gaza.
00:16:59.940 President Trump is actually, I think people are talking about maybe a million of the refugees go to Libya.
00:17:04.680 There's all types of things in motion.
00:17:06.220 All the way from the Red Sea to Houthis to the Persians.
00:17:11.300 There's tons of negotiations going on behind the scenes with that and in this situation in Gaza in the Middle East and in Ukraine.
00:17:21.320 So if you look at the arc of instability, number one, what he wanted to do was kind of stop and slow down the kinetic part of the Third World War.
00:17:29.540 President Trump, stop the killing.
00:17:31.680 Said that again today.
00:17:32.720 Stop the killing.
00:17:34.780 Get everybody to the negotiating table.
00:17:36.500 And as you saw last week with this historic and heroic tour of the Middle East.
00:17:43.620 And, you know, all these people, hey, it's not going to be perfect.
00:17:47.300 It's the Middle East.
00:17:48.900 You got it.
00:17:49.920 We've only been in wars over there since dragged in since the Arab oil embargo and the in the situation in Persia in the late 70s as a young naval officer was part of.
00:18:03.380 We've been there forever.
00:18:06.480 It's not a perfect place with a lot of imperfect people.
00:18:10.480 But President Trump has laid out a philosophy of, hey, economic betterment.
00:18:15.660 We're not there to tell you how you live your lives.
00:18:17.720 Now, hey, you got to be realistic.
00:18:20.600 This is still a hotbed of radical jihad.
00:18:23.700 It's still exporting, you know, hundreds of thousands of people into Europe every year, particularly through North Africa, that the European nation still in Spain in these places still welcoming with open arms, the socialist.
00:18:38.840 But the take on it is totally different than just national security or just weapons or guns or let's send troops.
00:18:49.800 It's let's have economic development.
00:18:51.700 Let's take your oil resources.
00:18:53.120 You're reinvesting them in technology to better your population.
00:18:57.220 How do we partner together?
00:18:58.320 How do we make the region start to have some economic opportunities?
00:19:01.900 Because you've got a ticking time bomb in Egypt, right, which is now playing footsies with the Chinese Communist Party on one side of Israel.
00:19:10.920 You got Turkey to the north of Israel.
00:19:14.040 You got Persia.
00:19:14.900 So they're kind of surrounded in the economic situation for the masses in Persia and Egypt are horrible in Turkey, definitely better.
00:19:25.480 But there's not a lot of opportunities in the Middle East, massive populations, fairly corrupt regimes.
00:19:32.800 And what President Trump's trying to say is that, hey, let's take your the cash flow from oil and you're reinvesting in things.
00:19:40.700 Let's see if we can't work together.
00:19:42.300 That's not the end of the world.
00:19:44.900 But it's a different take.
00:19:46.820 It's a different take than we had.
00:19:48.120 And clearly what we had was not working.
00:19:51.640 We got sucked into, you know, wars of choice in in Iraq and Afghanistan.
00:19:57.780 It was not to put down Osama bin Laden in Afghanistan.
00:20:00.840 It was a long 20 year project for democracy, for nation building in Iraq.
00:20:05.200 Also, 20 years, nine trillion dollars net present value.
00:20:09.440 What, 10,000, eight to 10,000 troops killed.
00:20:14.340 Tons of others up to, I think, another 50,000 of of wounded.
00:20:18.400 And that doesn't count the contractors.
00:20:22.340 Contractor dead who are just American troops are off the off the balance sheet, off the direct payroll.
00:20:28.640 And at the same time, in the courts and, you know, I didn't have a chance for Burr Howell.
00:20:36.200 Rudy is going to join us tomorrow.
00:20:37.640 I got Rudy coming on.
00:20:39.560 Rudy, Rudy nailed this Biden thing early on, as you know.
00:20:42.760 I want to get Rudy's take on all that.
00:20:44.200 But also asked Rudy about some of these radical judges that he's had to deal with.
00:20:48.420 Burr Howell yesterday put a scathing 100 page opinion about President Trump in his Article 2 power.
00:20:55.700 So he's fighting the whole courts on that.
00:20:57.960 And the other big fights today, although we won in the Venezuelans, the temporary protective, protective order or whatever,
00:21:04.140 their temporary status revoked of 350,000 Venezuelans.
00:21:08.740 But they're trying to chop block Trump everywhere.
00:21:11.420 In fact, in the next hour, we're going to get Texans for a strong border.
00:21:15.400 There's all these issues in the Texas Senate about tuition for illegal aliens, about E-Verify,
00:21:21.660 and particularly about getting local law enforcement to work with ICE, the way to cut this cost, $170 billion.
00:21:29.780 And I noticed on the $170 billion, we still don't have Mayorkas or any of these guys under criminal investigation,
00:21:35.960 which I think has to happen.
00:21:37.200 What they did is they did a systematic invasion of the country.
00:21:43.540 Mark Green said today it's the new number here in the war room.
00:21:47.460 Because Green is the head of the Homeland Security.
00:21:50.120 He's the chairman.
00:21:51.740 He's the big kahuna.
00:21:54.180 Not a ranking member and not some vice chair.
00:21:56.480 He's the chairman.
00:21:57.520 He said, hey, the number's $13 million that came in on Biden's watch.
00:22:00.560 His number, not mine, but that's my new number.
00:22:03.680 Mark Green says it's money good.
00:22:05.360 They have Trump and all that.
00:22:08.740 And on top of this, hey, let's face it, Trump's whipping votes, going up to the Capitol to whip votes for Johnson.
00:22:16.860 And what happens now?
00:22:18.360 They're entering into negotiation, which is fine.
00:22:20.740 I'm not sure you have to bring the president to do that.
00:22:23.240 But, hey, whatever it takes now for the big, beautiful bill.
00:22:26.340 And we know they're making progress on the SALT guys.
00:22:30.400 I hear they're making progress, some progress, on the Medicaid to cut the deficits and to still keep Medicaid for the folks that need it.
00:22:39.220 And if you're able-bodied, you're going to have to work.
00:22:41.420 If the left's going to sit there and go, oh, they're cutting Medicaid benefits and, you know, they're supposed to be working class and they're supposed to be populist.
00:22:48.900 Hey, the folks on MAGA don't want to be on Medicaid.
00:22:52.200 They want better high-paying jobs of which the tariff situation is going to provide.
00:22:57.360 But until then, if you're on Medicaid, you've got to work, and the requirements can't be to 29.
00:23:04.880 Who in the hell thought of that?
00:23:06.400 If you're going to do it, start it right away.
00:23:08.080 Now, coming out this afternoon, they've moved it to 27.
00:23:10.920 That's still not good enough.
00:23:12.700 Move it to 26.
00:23:15.320 Enough time to make the bureaucrats, make people get ready for this.
00:23:18.460 Have them work a couple of weekends.
00:23:20.760 Where's the sense of urgency?
00:23:22.900 There's no sense of urgency.
00:23:24.720 Andy Klein said it best.
00:23:26.040 And this is about this audience.
00:23:28.080 When you ask anybody, you ask colleagues, you ask all these guys, hey, tell me about what the folks back home say.
00:23:33.420 They go, hold the line.
00:23:35.580 People, you're smarter than the political class.
00:23:37.860 You're much farther ahead than the political class.
00:23:39.720 Number one, you've spent more time on the numbers.
00:23:43.380 You're ahead of the political class.
00:23:45.980 And you know that these massive deficits drive inflation.
00:23:52.560 It's too much money chasing too few goods.
00:23:54.680 And it's embedded into the financing.
00:23:57.440 Now, you see this happen in businesses all the time.
00:24:00.440 Where the financing of the thing, of the entity, starts to really affect operations or starts to affect profitability or starts to affect cash flow.
00:24:10.880 Because your credit worthiness, maybe you do some things and hit an air pocket and in a company, your credit worthiness drops.
00:24:19.220 And next thing you know, you've got to issue junk bonds with warrants attached.
00:24:23.880 So all of a sudden, you don't get as much equity as you thought.
00:24:26.860 Your interest rates are higher.
00:24:28.060 Maybe they don't let you pay in what they call PIC, payment in kind, which is just add.
00:24:32.920 You don't pay in cash.
00:24:33.740 You just add to the face amount of the debt.
00:24:35.480 And then you pay it off in a bullet payment later on.
00:24:37.300 Maybe that goes away.
00:24:38.940 Because why?
00:24:39.660 Your operations are not good.
00:24:40.900 This is what's happening in the country.
00:24:42.100 I agree with Scott Besson.
00:24:44.620 The Moody's rating was backward, kind of looking about Biden.
00:24:49.380 But the implications are forward because that's where it's going to get more expensive.
00:24:54.720 And that's what's going to restrict Besson from financing out long in 10s and 30s and get some stability in the situation instead of having to continue to do it short.
00:25:05.840 But Andy Clyde had this morning.
00:25:07.580 He's preaching the gospel of he's got 10 year treasuries.
00:25:10.860 They got it.
00:25:11.420 All these congressmen get it now.
00:25:14.000 Why?
00:25:14.560 Why did they get it?
00:25:15.480 Why did you never hear this talk before ever?
00:25:17.800 You listen to Fox for a decade, never heard anything about this.
00:25:22.440 Because you people are now savvy.
00:25:25.820 You kind of understand it's money and power.
00:25:27.860 Oh, yeah, OK, I got it.
00:25:30.040 And we're getting screwed on both.
00:25:32.100 And somebody is making a lot of money.
00:25:33.740 Who is it?
00:25:34.280 The elites in this country.
00:25:35.400 That's why they continue to reject cutting.
00:25:38.500 They're not putting any pressure on the political class to cut spending.
00:25:41.800 Because they all own the entities where it's flowing through.
00:25:45.240 You should have seen that.
00:25:47.480 And when Trump went after the law firms and after the universities, what was his leverage?
00:25:52.660 What was his superpower?
00:25:56.960 Federal spending.
00:25:58.700 Note to self.
00:25:59.600 Number two principle.
00:26:01.060 Write that down.
00:26:01.840 Federal spending.
00:26:04.340 The law firms talked a big game.
00:26:05.940 They're going to do this and they're going to do that.
00:26:07.840 And they're not going to give people to work on MAGA stuff.
00:26:10.380 And they're going to come after us.
00:26:11.360 They're going to give us that big talk until Trump put in.
00:26:13.720 OK, security clearance gone.
00:26:15.040 And that means no more government contracts.
00:26:17.200 And oh, by the way, put a line in there.
00:26:19.540 No clients of yours will be able to have government contracts as long as they're you're signed up.
00:26:24.500 Hello.
00:26:25.780 Paul Weiss collapsed in 24 hours.
00:26:28.120 The toughest of the tough.
00:26:29.340 The guy, Karp, the chairman.
00:26:30.540 Big talk.
00:26:31.280 24 hours.
00:26:32.220 Skadden Arps.
00:26:33.680 The biggest, baddest M&A firm on Wall Street.
00:26:36.960 48 hours.
00:26:38.840 You had associates sending out these emails.
00:26:40.700 I cannot believe it.
00:26:41.560 I went to law school and all the ethics I taught and all the left wing progressive stuff.
00:26:45.960 And you guys fold it.
00:26:46.760 Not one partner at any law firm quit.
00:26:50.100 Because they're all in on the take.
00:26:51.460 In the universities, big talking Harvard and all these.
00:26:53.860 Columbia.
00:26:54.940 Hey, stop the government funding.
00:26:57.960 You're big talk until you cut the money back.
00:27:00.080 And you got to go back to your state.
00:27:01.360 You got to go back to your alumni.
00:27:04.640 The other scam is the foreign students.
00:27:08.040 The Columbia, the business model doesn't work because it's all foreign.
00:27:10.740 It's 60 percent foreign students.
00:27:12.200 How does that happen to an American institution supported by American taxpayers?
00:27:15.420 It ain't right.
00:27:17.980 And these people are not going to change.
00:27:19.460 You change them.
00:27:20.000 But what is the thing that ties them all together?
00:27:22.800 Your tax dollars.
00:27:25.360 Federal money.
00:27:27.080 So hold the line.
00:27:29.460 Hold the line.
00:27:31.800 They're coming together.
00:27:32.780 They're going to make deals tonight.
00:27:34.060 We'll see.
00:27:34.540 Or they get on the floor tomorrow and argue it out.
00:27:37.200 This thing will be put together.
00:27:38.460 I wish that the president of the United States, who's got the weight of the world on his shoulders.
00:27:44.040 You know, he's only stopping World War III and sealing the border and deporting 13 million illegal aliens with the court fighting him every day and come up with some ridiculous judicial supremacy opinion.
00:27:57.680 That maybe, you know, he didn't have to take on another job as the whip in the House of Representatives.
00:28:05.720 But guess what?
00:28:06.360 He had to.
00:28:07.700 And of course, it's Trump.
00:28:08.760 He's doing a damn good job.
00:28:09.840 It's going to come together.
00:28:13.180 Unbelievable.
00:28:15.140 Anything else we can load him up with?
00:28:16.780 But hey, Johnson's doing a great job.
00:28:21.900 Just saying.
00:28:24.140 Short break.
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00:29:49.600 Here's your host, Stephen K.
00:29:51.720 Bannon.
00:29:53.440 Okay.
00:29:54.380 Grace is a warrior.
00:29:55.400 She volunteered for the 1 a.m. shift.
00:29:57.240 I'll be up.
00:29:58.460 I don't know if you'll be to see what happens tonight.
00:30:04.140 And then tomorrow, probably a floor fight, right, around, I don't know, Medicaid.
00:30:10.600 Things could change.
00:30:11.500 This thing is a very, as you say in deal terms, a very fluid situation.
00:30:16.480 We're socializing a lot of alternatives.
00:30:19.060 Very fluid situation.
00:30:20.200 But I think the president did, and I think this was positive that came out today, he did, I think, put a sense of unity into people and that this has got to get done, and you've got to do it in the smartest way possible.
00:30:33.540 Now, obviously, this thing on the deficits should have been handled earlier, but we are where we are.
00:30:40.060 So you can't whine about it, and you can't bitch and moan about it.
00:30:42.500 But you can try to make the best of it.
00:30:44.640 People are thinking of the best interest of the president and his program and going forward.
00:30:51.700 And I got Philip Patrick on today.
00:30:54.160 I am concerned about, you know, the exploding, you know, put $4 trillion in for a new cap to the debt ceiling, and we just blow through that, right, because we still have not grasped, you know, coming together on this spending.
00:31:13.000 And the defense budget at a trillion, I hope that this Golden Dome, I think part of it's in this top-up that gets us over a trillion.
00:31:21.020 But for three years, we just got to, you got to face facts.
00:31:23.600 That's going to be expensive.
00:31:26.240 We got to think this through.
00:31:27.400 Philip Patrick, what is your concern?
00:31:28.940 I mean, the 10-year is around four and a half.
00:31:31.960 The 30 is around five, you know, a little below, a little above.
00:31:36.860 I think the 30-year mortgage is at seven.
00:31:39.060 You know, my fear is that the financing cost of this, when factored in, you're going to have now embedded real inflation, although Trump's, you know, he's bringing drug prices down, he's bringing energy down, he's bringing commodities down.
00:31:53.160 So there's good things happening on that side, on the supply chain side and the inputs.
00:32:00.860 I'm worried about the financing and the financing costs.
00:32:03.800 Birch Gold's Philip Patrick, the man, I thank you for breaking away from the desk today to come and join us.
00:32:10.220 Your thoughts?
00:32:10.680 I mean, look, the financing costs are the biggest problem we have at the moment.
00:32:15.980 It's debt services, working against everything that Trump and Besant are trying to do.
00:32:20.960 And it takes a lot of it out of our hands, right?
00:32:23.100 I mentioned before, we tried to negotiate tariffs.
00:32:26.020 China, Japan sold U.S. debt.
00:32:28.640 Borrowing rates skyrocketed.
00:32:30.020 Same with the downgrade recently from Moody's.
00:32:32.940 Nothing dramatically has changed.
00:32:34.580 As Besant said, it's backward looking, not forward.
00:32:37.360 But it's a sign that global investors are realizing we're looking more and more like a bad investment.
00:32:44.580 The more they pull away, the more that debt service skyrockets, it's going to be impossible to deal with the problem.
00:32:51.040 I've been torn on the big, beautiful bill, right?
00:32:54.140 On the one hand, as I said last time, Trump was elected with a mandate, right?
00:32:58.140 Lowering taxes, border security, revitalizing the industrial base.
00:33:02.640 That's not cheap, right?
00:33:04.180 But on the other hand, we're not seeing Congress take the necessary steps to rein in out-of-control spending.
00:33:11.140 And as long as we don't do that, long term, this problem is going to explode.
00:33:15.420 So it's a tough one.
00:33:17.020 I was hoping Trump would have a little bit more time.
00:33:20.240 The reality is it's coming to a head.
00:33:22.020 So we need to see more spending controls.
00:33:24.740 But we've got to remember Trump's trying to walk a tightrope here.
00:33:27.740 And it's a difficult road.
00:33:29.000 And, you know, the stakes are very high.
00:33:31.440 We cannot afford to fall.
00:33:32.860 But he's got to balance the real cost of an economic renaissance, tax cuts, tariffs, business incentives, with the political cost of saying no to Congress, right?
00:33:43.180 We've got to face it.
00:33:45.180 Certain programs have to go.
00:33:47.100 And that's going to affect voters.
00:33:48.640 So it's this tough thing, this tough balance that he's trying to walk.
00:33:53.180 I, like you, think they'll come to a deal.
00:33:55.440 I'm hoping we'll curb spending because if we don't get a handle on it soon, it's going to be too late.
00:34:01.060 Okay.
00:34:01.580 Now, the biggest buyer of our bonds is Japan.
00:34:05.220 They own over a trillion.
00:34:06.280 They said in this negotiations on tariffs and trade, they dropped it.
00:34:12.780 Bombs said, hey, no offense.
00:34:14.220 These deficits, we understand.
00:34:15.560 We've got non-tariff barriers.
00:34:16.620 We admit we're going to get in negotiations.
00:34:18.260 We'll make a deal.
00:34:19.100 But our purchase of these securities are going to be on the table.
00:34:22.940 So that was a shot the FT reported a couple weeks ago.
00:34:25.740 I just want to read to the audience.
00:34:28.140 In Japan, they've had three decades, lost decade, because of the asset inflation in the late 80s.
00:34:34.200 Everybody remembers that.
00:34:35.020 This is what got Trump first talking about tariffs and trade was Japan.
00:34:39.820 Now, they're different, although we've had an asset inflation problem, right?
00:34:44.800 President Trump tried to take, in his first term, tried to take the air of the balloon slowly to make sure that we can handle this.
00:34:53.960 Biden, you know, jacked it up with his out-of-control spending.
00:34:57.000 I'm just going to read you headlines coming off the Bloomberg and other terminals.
00:35:01.820 Japan's 20-year bond auction gets weakest demand since 2012.
00:35:07.660 That's Bloomberg.
00:35:09.060 Wolf Street, which is another one of these great sites.
00:35:11.540 Japan's 30-year and 40-year bonds crater yields spike.
00:35:14.920 Huge mess coming home to roost.
00:35:17.420 From Reuters, Bank of Japan urged to boost bond buying in wake of spike in super-long yields.
00:35:24.460 Yahoo Finance.
00:35:25.360 This is what Ray Dalio, who's no friend of Trump, no friend of the war room, but a smart guy, has been warning about demand for treasuries.
00:35:48.780 And this is the whole thing of the Rio reset right now, and it's not going to happen tomorrow, but in Japan, it hit today.
00:35:56.620 A lack of demand of these bonds, at least at the price they're offered.
00:35:59.960 That means you've got to offer a higher price.
00:36:01.480 That means you've got a higher financing cost.
00:36:03.100 That means that it rolls back through the economy.
00:36:05.580 Philip Patrick, what's happening in Japan?
00:36:07.560 Is that any warning sign, particularly when these brothers got to be buying U.S. government securities big league, sir?
00:36:16.320 Look, Japan is an indicator, right?
00:36:20.580 Normally, a rising yield solves investor problems, but Japan's rising bond yields are a reflection of investor fears, right?
00:36:29.460 And when the Bank of Japan buys government bonds, it devalues currency.
00:36:33.160 It's a warning signal to what's happening to us here in the United States.
00:36:37.560 We're seeing yields rise now on our government debt, and it's not a sort of a reflection of a sort of strengthening economy.
00:36:44.720 This is a reflection of global demand for our debt waning.
00:36:47.760 We've got to remember, $1 out of every four that we borrow comes from foreign investors, right?
00:36:54.160 As soon as they start to view us as a bad investment, start to pull away, it's going to be problematic.
00:36:59.900 And it's happening already, right?
00:37:01.900 U.S. dollar holdings by central banks are at 30-year lows.
00:37:05.200 We're seeing last year the Federal Reserve lower interest rates, yet borrowing rates on our debt are increasing, right?
00:37:11.880 This is what we cannot afford to happen.
00:37:14.480 And the more we continue to run deficits, the more we continue to spend, the more this will happen, right?
00:37:21.060 Factor in, as we've said many times, Biden's weaponization.
00:37:24.740 We're creating an argument for foreign investors to try and diversify.
00:37:29.820 And that's my biggest concern, right?
00:37:31.720 The U.S. today has, we're 25% of the world's GDP and 60% of the world's capital.
00:37:38.140 I think we're moving into a more multipolar world, and I think we could lose on the back of that.
00:37:44.740 Who's going to, if the Chinese, look, when England is, the United Kingdom right now is the second biggest holder of government bonds.
00:37:52.340 I think at $850 billion.
00:37:54.120 The Chinese are under a trillion for the first time in a long time.
00:37:58.480 When England's the second biggest, and not that we don't love our brothers and sisters from our mother country,
00:38:04.820 but when they're the second biggest holders, that makes me a little nervous.
00:38:09.740 Doesn't you, with some of the other nations of the world that maybe have bigger balance sheets they could buy,
00:38:16.460 does that make you nervous that England's the second biggest buyer?
00:38:19.540 Because who knows what their appetite is.
00:38:21.380 Folks, this is the problem with these deficits.
00:38:23.800 And you increase the deficit, you increase the debt ceiling by $4 trillion, you've got to finance that.
00:38:29.160 That's a theoretical, okay, you can go up to this.
00:38:31.160 All that means is you're going to sell $4 trillion of additional bonds, government bonds,
00:38:35.560 on top of the $36 trillion, which are essentially one-third of it, right?
00:38:41.160 It's roughly one-third of it's refinanced every year.
00:38:43.920 Does that not concern you, that some of these foreign buyers, Japan looks like it's in trouble,
00:38:49.380 England's a financial mess, and now they're the guy that owns the second biggest group of bonds.
00:38:55.680 Is that concerned you about when you talk about demand?
00:38:58.740 Because we're one failed Treasury auction away from a new reality in this country.
00:39:05.240 This is what I keep telling people.
00:39:06.740 We're getting out of the situation where we, American citizens, through our elected officials,
00:39:14.060 including the President of the United States and the Congress, actually control our own destiny, our own fate.
00:39:21.860 Are you getting more and more worried about this, Philip Patrick?
00:39:28.220 Much more, right?
00:39:29.640 And we talk about Great Britain.
00:39:31.200 I love it.
00:39:31.940 The economy is smaller than California, right?
00:39:34.740 They're not the great power we or they once were.
00:39:37.940 I get confused.
00:39:39.860 Look, the Brits are struggling with stagflation right now, so they have their own problems domestically.
00:39:46.280 When demand for our debt is waning and we're relying on our key allies with small economies to fund our debt,
00:39:53.000 yes, I'm getting more and more concerned.
00:39:54.940 And that's what the Rio reset's about, right?
00:39:57.640 That's what Russia, China, they understand the weakness, right?
00:40:01.380 They understand our Achilles heel, and they know sort of how to get us.
00:40:06.960 So, yes, I'm becoming more and more and more concerned.
00:40:10.600 The more countries we see moving away from the dollar, the more international transactions we see happening outside of U.S. dollars,
00:40:18.020 ultimately, the bigger the problem gets.
00:40:19.780 It is my biggest concern.
00:40:21.740 We've been talking about bond vigilantes for a long time, and they are coming here now.
00:40:27.280 If you look at the three crises I think we've had, the 2008 financial collapse, the 2000 internet stock fiasco,
00:40:36.840 and then the whole Arab oil embargo off the gold thing, the whole thing Reagan took over from Carter, the high inflation.
00:40:45.120 We were a different country then.
00:40:46.460 In the early, in the 70s, we had a relatively pristine balance sheet where a manufacturer hegemon had an incredibly educated working class,
00:40:57.320 particularly skills-based.
00:41:00.600 Reagan, for all those monumental problems, he had something to fall back on.
00:41:04.600 In 2000, it turned out the internet stock fiasco affected equities, but we left that in pretty good shape.
00:41:13.040 In 2008, we had the balance sheet to be able—I don't agree with the bailouts, but you had the balance sheet to do it.
00:41:20.300 The balance sheet of the Fed was only $880 billion on the day of the collapse, so they went to Bush.
00:41:27.400 They took it up to $4.5 trillion before President Trump got in and took $1 trillion off.
00:41:33.940 Never forget that.
00:41:34.780 His first term took $1 trillion off, took liquidity out of the market.
00:41:37.920 But that—you had the ability to do it.
00:41:41.020 Now, you're $36 trillion, and the day that the debt ceiling increases, this is—the debt's going to increase $500 billion to $800 billion
00:41:51.360 because of what Trump—what Besson's been doing to kind of make sure he's paying off—using cash that's coming in to pay off the securities.
00:41:59.700 We're in a very different situation.
00:42:01.560 Are we not now, Philip Patrick?
00:42:03.300 Completely different.
00:42:06.080 A few weeks ago, we saw something unprecedented in modern history, and that is the unholy trifecta of sort of market stress.
00:42:14.960 We saw government debt, American capital markets, and the dollar itself all falling in sync.
00:42:21.300 And this doesn't happen, right?
00:42:23.000 And it's a result of a number of things we're talking about.
00:42:25.240 We've got foreign buyers now withdrawing from U.S. assets.
00:42:28.700 We have rising yields.
00:42:30.480 We've got persistent inflation.
00:42:32.540 And we're seeing just political dysfunction, right?
00:42:35.700 We're seeing expanding deficits even under a Republican Congress, which wasn't expected.
00:42:41.340 And I think markets are finally noticing now, especially foreign holders, some of whom are pulling back from U.S. assets.
00:42:49.120 And that's working against everything we're trying to do, factoring in massive national debt.
00:42:55.200 And it becomes really problematic.
00:42:56.800 So as much as Besant sort of underplayed the Moody's downgrade, you know, this isn't a catalyst for more problems, but what it is is a confirmation signal.
00:43:06.800 And confirmation signals matter a lot when investors are already uncertain.
00:43:11.940 And uncertainty is the name of the game at the moment.
00:43:15.480 Where do people get you?
00:43:17.080 I know you've got to bounce.
00:43:18.420 We've got about 30 seconds.
00:43:19.320 Where do they get you to get all the information from Birchgold?
00:43:21.560 Yeah, so Birchgold.com forward slash Bannon or it's Bannon to 989898.
00:43:29.560 That gets them access to all the free written information, end of the Dollar Empire series.
00:43:35.160 And they can reach me at Philip Patrick on Getter.
00:43:39.080 The road to Rio and Philip's going.
00:43:41.500 Philip Patrick, thank you for joining us on the afternoon show of The War Room.
00:43:45.080 Thank you, brother.
00:43:49.080 Health isn't just a personal issue.
00:43:51.020 It's a family issue, a community issue.
00:43:53.420 We're living in unpredictable times.
00:43:55.460 Supply chains can break down.
00:43:56.760 Hospitals can get overwhelmed.
00:43:58.140 And let's not even start on the natural disasters.
00:44:01.380 These aren't hypotheticals.
00:44:02.560 They're happening.
00:44:03.220 You see it here in The War Room, and we all know it.
00:44:05.940 The question is simply, are you ready?
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00:44:55.980 War Room.
00:44:56.980 Here's your host, Stephen K. Bannon.
00:44:59.400 Okay, 1 o'clock.
00:45:02.840 We're going to be up tonight on Getter.
00:45:06.940 Chip Roy saying, hey, we're in a better spot.
00:45:08.820 We're in a week ago a better spot than 48 hours ago.
00:45:11.320 The president did a lot, but there's still a lot of dissension and fighting, et cetera.
00:45:15.800 So all that.
00:45:18.040 Rick Grinnell, Ambassador Rick Grinnell joins us.
00:45:21.260 Just landed.
00:45:22.180 Sir, give us an update.
00:45:23.220 What's going on?
00:45:25.120 Hey, Steve.
00:45:25.740 Well, thanks for having me.
00:45:27.180 Well, we just landed back in Washington, D.C., spent the day leaving very early, went to Antigua to meet the Venezuelans.
00:45:40.720 We have been in discussions with them.
00:45:44.140 Obviously, we've got more than a few Americans stuck down there as hostages, and we've been trying to get them out.
00:45:53.520 We've got a lot of issues with them, and our priority is to put America first, bring home Americans, and do what's best for America.
00:46:02.400 And I think it was a very successful day.
00:46:04.680 We returned with Joe St. Clair, a young man who served in the military and found himself in a Venezuelan prison for really no reason at all, held against his will.
00:46:23.400 And today, Joe is now an American free in America.
00:46:29.900 Ambassador, look, you're doing yeoman's work on freeing these Americans down there from these prisons.
00:46:36.040 The question is that people are talking about an overall deal, maybe getting the Chinese and the Russian Navy out of there.
00:46:42.160 You deal with these guys almost daily, the Venezuelan government.
00:46:47.360 Are they, you know, people kind of, are they trustworthy enough in your mind that we could actually do some bigger deal with?
00:46:54.620 Well, look, I think that's a good question.
00:46:59.400 We get it a lot, I would say, as a diplomat, as a diplomat who's been around for a long time.
00:47:06.720 I'm not sure that we just worry about trusting.
00:47:10.600 I think we want to always verify.
00:47:12.320 We want to make sure that we test and build confidence.
00:47:16.620 A lot of the discussions about diplomacy and trying to find solutions is literally confidence building to make sure that one side does what they say.
00:47:27.400 And you start with little things and you build confidence towards that.
00:47:30.980 Because remember, they're skeptical of us and we're skeptical of them.
00:47:34.440 And so building trust, I think, is what we need to do for the American people.
00:47:38.480 What President Trump wants us to do is put America first.
00:47:42.000 When he was over in Saudi Arabia, he made it very clear that it is not his position to try to do regime change, but to think about what is best for America, what's best for Americans, and how do we make sure that we're doing everything we can to make America stronger tomorrow.
00:47:59.520 And what that means is, you know, in our neighborhood, we want to make sure that the Chinese are not coming in and taking oil and minerals and gold and keeping us on the outside.
00:48:15.360 And President Trump is just very clear about sanctions penalize American companies.
00:48:21.120 And if we believe in engagement, if we believe in capitalism, capitalism beats socialism and communism every single time.
00:48:29.920 And so we want to put America first and do what's best for America.
00:48:33.160 That means making sure that the Chinese do not take the Venezuelan oil.
00:48:39.180 Is there some discussion about an extension of Chevron?
00:48:42.120 Is that is that in the cards or something President Trump's working on?
00:48:45.200 No, President Trump authorized that extension if if we were able to get some progress, if we were able to build some confidence that we were able to do that today.
00:48:56.940 So that extension will be granted.
00:48:58.800 Perfect.
00:48:59.980 Ambassador, real quickly, I know you got to bounce.
00:49:02.100 You hosted you hosted at the White House, the president with the board of the Kennedy Center.
00:49:08.520 Then you're up pre-dawn to go down to Antigua to rescue hostages.
00:49:13.720 Are you living your best life right now?
00:49:17.840 Well, I don't know about that.
00:49:19.180 I'm doing what the president wants us to do.
00:49:22.260 You know, we're living in this time where President Trump is completely transforming Washington, D.C. and America for the better.
00:49:29.720 And, you know, it's not always things that I want to do, but I feel really compelled to do everything we can to help this guy, help the president of the United States really make this change.
00:49:43.160 He needs as many people that are willing to sacrifice, step up and do what they can do.
00:49:48.660 And so whenever he asks me to do something, I do it.
00:49:51.800 Ambassador, what's your social media?
00:49:54.800 How do people follow, particularly all the ins and outs of these tough negotiations, to free Americans down in Venezuela, sir?
00:50:01.760 I would just say on X, it's at Richard Grinnell, and on Instagram, it's at Richard Grinnell, and those are the two main accounts.
00:50:12.080 Congratulations.
00:50:12.920 Bravo, Zula.
00:50:13.600 Great job, sir.
00:50:14.220 Thank you, Steve.
00:50:15.420 Thank you.
00:50:15.880 Glad you're back.
00:50:16.700 Rick Grinnell, he hosted last night an incredible board of the Kennedy Center with the president, and the president kind of, you know, went there, let's say.
00:50:29.900 It was an amazing meeting, and President Trump reinforced the Kennedy Center as a cultural uniter in this country of putting forward the best of American culture.
00:50:40.740 Very powerful with some of the heavy hitters from the cultural side that Rick, Ambassador Renown, others have put on the board.
00:50:47.960 And then today, pre-dawn, to go down and to work on these hostages.
00:50:51.440 Mike Lindell, both sales are going great, I understand.
00:50:55.640 We're running up to the Memorial Day weekend.
00:50:58.600 What do you got for us, sir?
00:51:00.520 Well, we put it all together, Steve.
00:51:02.320 We're making it the War Room 50% off sale.
00:51:05.160 Now, as you all know, all the beach towels and beach blankets and beach bags, they all came in.
00:51:11.500 And then the kitchen towels, that whole new assortment of them came in.
00:51:15.660 We have pillows that, different roll-and-go pillows.
00:51:19.600 So, you guys go.
00:51:21.540 If we put that up, and by the way, there it is.
00:51:24.220 The War Room, let's say 50% or more.
00:51:27.580 All these products we put in one spot.
00:51:30.040 Go to the website, click on Steve there, and go down.
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00:51:37.080 And you're going to see all the beach stuff that came in, all the new kitchen towels that came in, kitchen, a bunch of stuff for the kitchen.
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00:51:46.140 There's aprons.
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00:51:52.200 All these new products came in, say 50% or more.
00:51:56.780 There it is.
00:51:57.500 Go there now.
00:51:58.120 You see the 50% off the beach sale.
00:52:00.380 They have it for lawn chairs.
00:52:01.980 They have bags.
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00:52:03.200 For Memorial Day, it's going to be awesome.
00:52:05.220 You save as low as $9.98 for the kitchen stuff.
00:52:11.000 And then we have the crosses.
00:52:12.600 We kept that.
00:52:13.640 This is the 50% off sale.
00:52:15.500 Perfect.
00:52:15.920 We've got the crosses.
00:52:17.000 The Made in America crosses.
00:52:18.720 The War Room Posse gets them for 50% off.
00:52:21.980 And that's the biggest savings in the country with what?
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00:52:32.740 We'll see you tomorrow morning.
00:52:33.680 Mike Lindell.
00:52:34.260 Get back to work.
00:52:35.220 Get back to the factory floor.
00:52:37.580 Next hour, we're going to get a top surgeon in here to talk about the situation.
00:52:41.920 Biden, and we're going to Texas.
00:52:44.440 All next in the War Room.
00:52:46.940 And go to Laura Loomer's Twitter account to talk about the CCP in Venezuela.
00:52:52.900 What if he had the brightest mind in the War Room, delivering critical financial research
00:53:00.200 every month?
00:53:01.720 Steve Bannon here.
00:53:02.880 War Room listeners know Jim Rickards.
00:53:04.540 I love this guy.
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00:53:22.620 Now he's issuing a dire warning about April 11th, a moment that could define Trump's presidency
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00:53:30.060 His latest book, Money GPT, exposes how AI is setting the stage for financial chaos, bank
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00:53:42.240 Right now, War Room members get a free copy of Money GPT when they sign up for Strategic
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00:53:48.840 This is Jim's flagship financial newsletter, Strategic Intelligence.
00:53:53.640 I read it.
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