Episode 4509： Bannon's Budget Breakdown; Maureen Previews Board Of Visitors
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Summary
Learn English with Bill Clinton. Bill Clinton is a former White House Chief Strategist and served as the President of the United States from 1987 to 2017. He is a regular contributor to CNN and the Wall Street Journal, and is a frequent guest on Fox News Channel's "The View" and CBS News. He's also a frequent contributor to the New York Times and CNN.
Transcript
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A while ago posted actually on social media that there was they were in the process of
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removing the tax exempt status from Harvard and a lot of been a lot of issues at Harvard,
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but that's one that comes within your bailiwick.
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Where is that process right now that the president is moving forward with that.
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And I think the important thing here and it goes a little bit back to this Main Street
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versus the elites that that Harvard to have a tax exempt status, there are rules you have
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And if you're not following the rules, no one's above the law.
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It looks like there's substantial number where perhaps they weren't.
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The president believes that the EU proposals have not been of the same quality that we've
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seen from our other important trading partners.
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I've said there are 18 important trade deals that we have to do.
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I'm working mostly on Asia and that group has moved forward with some very interesting proposals.
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I would hope that this would light a fire under the EU because, Bill, I've said before, EU has
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It's 27 countries, but they're being represented by this one group in Brussels.
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So some of the feedback that I've been getting is that the underlying countries don't even
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know what the EU is negotiating on their behalf.
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And there is at some point there's an equilibrium rate.
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The other thing that's happening is a lot of their tariff barriers are non-tariff trade barriers.
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A lot of these non-tariff trade barriers are coming down.
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And again, because we don't know where these tariff negotiations are going to end up, they
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won't end up being scored, but it's several hundred million dollars a year, several hundred
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billion dollars a year of revenue that will be used for every hundred billion.
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That's a hundred billion less of bonds the Treasury has to issue.
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From the president of the United States, the European Union, which was formed for the primary
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person of purpose of taking advantage of the United States on trade, has been very difficult to deal
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I'm recommending a straight 50 percent tariff on the EU starting on June 1, 2025.
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Yeah, then he goes on to say there's no tariff if it's built in the manufacturer of the United
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And then again, we have for the second time this morning, thank you for your attention
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What exactly is motivating some of these actions that he's taking?
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So yesterday we discussed whether passing the bill through the House, the tax bill,
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would embolden the president to be harder on the Europeans on tariffs.
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And I just wonder if the two things are lining up here and if they are connected.
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Just giving Kim the space, the room to go harder on Europe on tariffs because we are progressing
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I don't know whether that's the case, but one could easily connect the dots and come to that
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There is a question about whether this market has gotten overly complacent with peak uncertainty,
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given that it is ongoing and we still don't have any kind of sense of what the solid goal
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So we've got a threat against Europe that's sending European equities south.
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Pray for our enemies, because we're going to medieval on these people.
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Here's the time I got a free shot at all these networks lying about the people.
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I know you try to do everything in the world to stop that, but you're not going to stop it.
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And where do people like that go to share the big line?
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I wish in my soul, I wish that any of these people had a conscience.
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Ask yourself, what is my task and what is my purpose?
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If that answer is to save my country, this country will be saved.
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It's Friday, 23 May, the year of our Lord, 2025.
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It is the beginning of Memorial Day weekend, where we commemorate our honored dead throughout the weekend.
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Tomorrow, President Trump is going to be at the United States Military Academy at West Point to give the commencement address.
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Captain Maureen Bannon, who's just recently on the board of visitors, she'll join us in the second block.
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An announcement, we're going to start tomorrow at 9 a.m.
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The ceremony will start earlier in the morning, and our own Steve Gruber from Real America's Voice will be there live, covered in life.
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The War Room will be live tomorrow morning from 9 a.m. Eastern Daylight Time until 12 noon.
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And Patrick K. O'Donnell, as every Memorial Day weekend, will be with me as my co-host, both Saturday morning and then on Monday morning, we cover President Trump going to Arlington National Cemetery, where he will lay a wreath on the Tomb of the Unknowns and also give appropriate remarks in the commemoration of Memorial Day for the honored dead at Arlington and every military cemetery throughout the world.
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And, of course, all the brave men and women who gave the ultimate sacrifice for the country.
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We didn't get a chance to put in, because it had been too voluminous, all the discussions about spending, the bond market.
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I think the 10-year Treasury finished over 4.5.
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The bottom line is the big, beautiful bill goes to the Senate.
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Now, Semaphore is reporting that, hey, the basic structure of the bill is not going to change.
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But Dune has essentially got his marching orders, and he will work and push this thing through.
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The goal is to have, I think, a Senate vote by July 4.
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July 4th, some people are saying, hey, they want to get it back to the House, have a conference, have that all done by July 4th.
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Rand Paul, of course, talking about there's got to be much more substantial cuts.
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Josh Hawley and even Murkowski now are talking about rural hospitals.
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But I know there's a lot of work going on behind the scenes.
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And Scott Besant, as secretary of the Treasury today, was saying, hey, we'll work with the Senate.
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We have a model and a program to work with them.
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I think they're going, I think the White House, the administration is going a lot more on offense.
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This is why I think it was so important today for the president early in the morning.
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And I don't believe this is a coincidence that the president said, hey, I'm not happy with the progress with the deals in the G7.
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You notice he didn't say he wasn't happy with the progress on the deals with Japan, South Korea, Taiwan, Vietnam, and India, of which Scott Besant alluded that these things are pretty far along.
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He said he didn't appreciate the G7 and it didn't look like a lot of progress.
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So June 1st is going to be a 50 percent tariff on everything coming from the from the EU.
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I will tell you, I think this is also to reiterate one of the things that the calculation is not taking into account now that is not scored by the Congressional Budget Office.
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And everybody's going off the Congressional Budget Office numbers, particularly these very large deficits in the first couple of years.
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They're not taking in cash flow coming from tariffs that, you know, Peter Navarro and others are saying it's six trillion dollars over 10 years.
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So that would equate to, I don't know, five or six hundred billion dollars a year annually.
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Minimum people are talking about three hundred billion dollars in tariffs not being calculated.
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I think the White House is getting much more aggressive in talking about their model and the growth rates.
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And this is why we had Dave Walsh on this morning about how energy underpins President Trump's economy, his economic model, just like in the first term, where he brought down energy costs and full spectrum energy dominance.
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And that drove the that drove the economy after the tax cuts into 18 and 19.
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And remember, 19, by the second half of the year before the pandemic, the covid virus was released by the Chinese Communist Party.
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Growth, I think, in the fourth quarter was three, three and a half percent.
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And he did that, as I keep reiterating, with the Federal Reserve really taking a trillion dollars of liquidity off their balance sheet and giving much more headwinds to the economy at the time.
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He had no inflation. He had basically low interest rates, kind of a it was a it was a perfect a perfect arrangement.
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The virtuous circle, as we say today, Scott Besson TV all day long talking about the tariffs, talking about what's going on.
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And I think right now people have to say, hey, going to Memorial Day weekend, these deficits look look big.
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The deficit this year is going to be two trillion dollars, we said.
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But that's because they accepted the Biden budget and did the Biden CR.
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The deficit next year looks to me over two trillion.
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However, they're saying you've got to calculate in you've got to calculate in at least three hundred billion dollars in tariffs.
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And you also have to start calculating in the additional tax revenue that are coming from that are coming from just bigger growth.
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That is the denominator that with the tax structure will have post deal that will generate substantial additional revenues.
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This doesn't include we had Oren Cass on this morning.
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I thought Oren made a pretty compelling argument, as we have and just looking at the math, particularly if you add in and Oren was very, very sensitive about this.
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And he's an economic populist adding in the full cut on no taxes on Social Security, which doesn't exist right now.
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It's kind of a it gives you a set aside, I think, of up to a couple of thousand bucks.
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I don't know what this I think somebody told me for the average individual, that'll be a decrease in five hundred dollars in their taxes.
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And really, people are looking for no tax on Social Security as a third leg of the school after a stool after no tax on tips and no tax on overtime.
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But Oren is in agreement with with the war room is that we just don't see how the math works unless in the Senate there's going to be a tax increase.
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And I will tell you, we'll get much more on top of this as people get back to work next week on this bill and push it through.
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But I think the math could be incredibly positive.
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Right. With with deficit control, with additional tariffs, with additional growth that is justified by lower energy prices.
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Other things are doing what Scott just said right there, non tariff barriers, which is kind of the friction that goes on, particularly, you know, in EU and in places like Japan and Korea.
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You want to know whether no Chevrolets or Fords on the road over there.
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That's the reason. So you take the friction off there, you can have really explosive growth.
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Also, what President Trump's done in protecting the auto industry and other industries.
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So as we go into a Friday of Memorial Day, not only has the big, beautiful bill passed, but now it's in the Senate and President Trump's very aggressive.
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His message to the Senate is, hey, I want this thing passed.
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He wants to make sure he locks in those those tax cuts.
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Of course, on the opposite side, the Democrats, I think it's been pretty feckless so far.
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One of the reasons they don't have a unified message, as we've been highlighting, they really gutted the Democratic Party of people that understood economic populism or people that understood economic nationalism or people that really could talk to the basics of kind of the production side of capitalism.
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You don't have any one messenger that can come up.
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Every time you have these people on, they're talking about all these marginal issues that don't really speak to the moment.
00:12:54.460
The moment is besides ending the kinetic part of the Third World War and, of course, making sure that we can that we can the president's commander in chief can deport, do master deportations of 13 million.
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According to Mark Green, the congressman is in charge of the the House, the House Homeland Security says 13 million here.
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Of course, you've got all these judges throwing down more bizarre rulings every day.
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But the White House and the Justice Department, the White House Counsel's Office is are grinding it through them.
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Joe Allen, Joe Allen is going to come into the next block.
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Mo Bannon is up either at West Point or near West Point.
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In the second hour, we're going to at least focus a lot on Texas, on what's going on, on this situation in the Texas House, Texas Senate, to pass these bills that really protect the sovereignty of the state of Texas, particularly this bill against local police and local sheriffs, actually working with Homan and Homeland Security.
00:14:08.080
Todd Benzman, as you know, one of the mainstays of the War Room contributors in the last couple of years.
00:14:15.100
He actually reports for duty, working with Tom Homan and that great team over, Tom Homan being the board of czar and the great team over at DHS.
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So we are absolutely packed here on a Friday evening as we really kick off the commemoration, as we always do every year, of the most sacred secular holiday of the year.
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That's Memorial Day, where we commemorate the honored dead of the American armed forces who gave their lives in defense of this country, in defense of the Republic, in defense of their fellow citizens and many, many people throughout the world.
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Nobody's ever freed more people than the United States military in the United States of America.
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00:16:27.560
Johnson out of Wisconsin on what's expected next on the Senate side.
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In his current state, it is completely unacceptable to me.
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What was not even brought up in the House debate are the numbers we ought to be considering.
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Are you worried that he's going to be upset by the Senate?
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I'm concerned about my children and my grandchildren and the fact that we are stealing from them.
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As you listen to that, it's going to be a battle.
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How much change can the president accept on the Senate revision?
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The House had been working on their bill for a year.
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And I know the Senate, led by Leader Thune, is going to take this up immediately.
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And I'm not expecting that there's going to have to be that much change.
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And I respect Senator Johnson's position that we do have to get our finances in order.
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And that's a combination of controlling spending, but also growing the economy.
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We did not get into this fiscal mess overnight.
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I think we've just got to be careful on the timing.
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You know, he's a contributor here for a long time and a brilliant guy.
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We're very aggressive in our support of Secretary Besson.
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I do think it behooves us to start talking math, particularly when we have people like
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Ron Johnson, and Johnson said, hey, love the president.
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But, you know, he's very concerned about these deficits.
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I think one thing for the secretary to do is when he says, hey, we're going to grow the
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economy faster than debt, that's a mathematical formula.
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The debt is growing, but it's growing at a lower rate than the economic growth.
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That would support his, that's not a total solution or answer, but it does support what
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Number two, still the most important thing is the 6.5% of deficit to GDP and how we're
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That is what Secretary Besson has basically laid out for the last six or seven months.
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I think we've got to get in back of both those numbers.
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I think a very strong predicate is what's happened in the energy markets, the full spectrum
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energy dominance of President Trump's administration.
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I think there's a lot of positive news and the tariffs are going to be lost on people.
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They're talking 50% tariffs today in the EU, unless they come around and make things happen.
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I think it's now time that we ought to set the rhetoric aside and actually start talking
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I happen to believe, and I strongly believe this, to get to the numbers that the Secretary
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is talking about, it's going to require additional revenues over and above tariffs.
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I think those revenues are sitting there looking at us right in the eye, and that's the upper
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bracket or the millionaires kicking their bracket, not giving them a tax cut, not extending
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their tax cut, but saying you're going to have to pay the 40% rate.
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Hey, I could be wrong, and I'm open to be proven wrong, but I think I know the math here pretty
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And if you don't address this to the bond market, the American people are not going
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to be able to live with a 10-year bond at 4.5% or potentially going higher.
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I think the way you get around that is that you explain it and make sure the bond market
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Then I think rates will come down and you won't have people, quote unquote, abandoning
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Mo Bannon is a new member of the Board of Visitors of West Point.
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She's en route to West Point for the commencement.
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We're going to be live at 9 o'clock with Steve Gruber.
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Tell us, just walk us through the order of battle tomorrow.
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So tomorrow, 9.30, the cadets that are graduating will march into Mikey Stadium, which is the football
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stadium at West Point, and they will be set ready for the ceremony to start at 10 a.m.
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And we expect President Trump to speak, I believe, roughly 10, 30, 11.
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But do not quote me on that because you never know when the president will speak.
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But I expect a great speech from President Trump.
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I expect him to address these brand new future second lieutenants on what he expects from them
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And as soon as the ceremony is over, the now graduates will go back, clear the remaining
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things that they have to clear at West Point, and change out of their cadet uniforms, which
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the clearing process includes turning in your cadet uniform.
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And then they will put on their dress uniform and go multiple places throughout the academy
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What, is the president, I take it they give the, he gives the address first and then diplomas
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are handed out, or is it vice versa, diplomas handed out and the president takes some, he's
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not going to be able to hand all, but he takes some.
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The president will take one side and the superintendent will take the other.
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And I actually know who will be announcing the names.
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It was a officer that formerly worked with the volleyball team when I was a cadet, and now
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still works at the academy and happens to be married to my former volleyball coach.
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The, so nine o'clock tomorrow, once again, for the Worm of Posse, we are live at nine
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Steve Gruber from the Steve Gruber show will be there, will be on the riser, will be interviewing
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Steve, will pick it up right at nine o'clock and be able to give you all the pageantry
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of the, of the graduating, of the firsties walking in for their last day, for their day
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And their first days afterwards, they get in a smaller ceremony with their, their parents
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So it's a very big day for a very West Point, the grueling four years at West Point.
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Mo, what, as a board of visitors, you're talking about President Trump's going to talk
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about what he's looking for in, in second lieutenants and people have to go out in this
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I'm looking for us to, at our first meeting, which will be this summer, to go over what
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But I want to look at what's going on academically, because I think that we need to focus on war
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fighting at our service academies and not gender theory, pronoun training like we have
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I think that we need to get back to war fighting, because God forbid we get into World War
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Three, we need leaders that are able to lead in battle.
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And I do not believe after this last administration that that's what we've been focusing on.
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So we need to get back into, that is our main focus.
00:23:44.080
Well, you got some pretty good people on the board that President Trump appointed.
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And I know you guys are going to have your first meeting, I think, in June.
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Mo, I think that's around Beast Barracks, too, if I remember correctly.
00:23:53.560
Mo, where do people get you on social media so they can catch up with you on all the activities
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You can follow me on Getter and Twitter at Maureen underscore Bannon, and also on Instagram
00:24:06.620
And just to address real quickly, at our first meeting, we will actually get to see some of
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the summer training that is going on, to include Buckner, which is for rising sophomores.
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So I'm very much looking forward to that, because I remember my time out in field training.
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Look forward to seeing you and talking to you tomorrow.
00:24:32.860
Once again, Real America's Voice is making us a war room.
00:24:38.640
Join us at bonus hour, because the ceremonies start earlier.
00:24:51.940
And of course, we'll have Captain Maureen Bannon, and hopefully maybe pull in a couple
00:24:56.960
And Patrick O'Donnell will be in the war room as my co-host.
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Liz, first off, Liz, are you Army or are you Navy?
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My dad was a World War II carrier pilot, and I had an uncle who passed away.
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I'm a naval officer, but my daughter had a great run at West Point.
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Liz, big sea change since we've been doing this every day.
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about Pope Leo and Cardinal Prevost, the trad Catholics, which have been kind of singing
00:25:48.300
All of a sudden, we've noticed a sea change in the last, I don't know, 24, 48 hours.
00:25:55.240
Yeah, the audience may not know, but there's been this internecine battle going back and
00:26:08.740
I thought it was all pretty formative and superficial.
00:26:12.280
But the honeymoon is over because in the last 24 hours, as I call him Dark Horse Leo, appointed
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the second nun to govern the dicastery for male clergy.
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So there are now two nuns who are making all the decisions in the Vatican regarding priests,
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So that has not set well with traditional Catholics or even Catholics, you know, around the world.
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Holland's Mafia, the most progressive part of the church.
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He is on record of supporting women's ordination.
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So this was a direct appointment of Pope Leo, really, I think, signaling that the drift is
00:27:12.820
I don't know how many people in Charlotte are aware of this, but the Bishop of Charlotte,
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who was also appointed by Prevost when he was head of the bishops, Bishop Michael Martin,
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has announced that he and Charlotte was the most thriving traditional Latin mass community
00:27:43.140
Today, he announced that he is relegating the Latin mass to, you know, basically a small
00:27:49.520
barn, and they're only going to have two masses, two Sundays a month.
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So they're crushing, they're crushing the Latin mass.
00:27:59.520
I mean, if this is how he treats his American compadres.
00:28:06.400
We've got a lot to get to this afternoon, and we're going to get to all of it in the
00:28:16.040
We've got some big, big guests regarding artificial intelligence, all next in the war room.
00:28:34.540
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By the way, markets are all over the place today.
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The Senate hopes to vote this bill out by the 4th of July.
00:29:51.100
We're going to have a whole team down there, including, if I can get Dave Bratt into the
00:29:55.680
country and Eric Bolling, maybe we can get him in.
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I don't know if we can get him out, but we're going to try.
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All the big debates we're having in the Senate, you'll understand why Ron Johnson's very upset
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about the deficits and why Scott Besson's saying, well, hey, hang on.
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It's been a travesty of how this thing's been running.
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He says, hey, this is Main Street versus the elites.
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If you're not working by the rules, then maybe you ain't tax-free.
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This is one that tells, I told people, because my next guest will, Joe Allen's guest will
00:31:08.060
reinforce my family's been involved in this traditional Latin mass and bringing it back
00:31:13.880
It, the post-Vatican II, I can say as a young altar boy, it was like in shock.
00:31:18.260
You went from the Latin mass, which as a little kid was very hard to learn, but very mysterious
00:31:23.260
to this new mass they had that in the 60s, as a little kid, you're kind of sitting there
00:31:30.000
Talk to me again about Charlotte, how dedicated they've been down at Charlotte to have, what,
00:31:35.020
30 churches or 20 churches doing the traditional Latin mass, what we call TLM.
00:31:44.600
It went down to four after Francis put his kibosh on it.
00:31:48.740
And now it's done down to one mass, only twice a month in some small chapel.
00:31:55.200
And they wonder why the Catholic church is going bankrupt.
00:31:58.940
And they wonder why people are leaving the Catholic church.
00:32:07.660
And this is laid at the feet of Pope Leo because these are his priests.
00:32:14.140
They have carte blanche to continue this crushing of the Latin mass.
00:32:19.220
And so we're going to see what's going to happen.
00:32:21.780
I think it's time now for the Latin mass community has got to really step up and resist
00:32:27.400
and start taking the liturgy into their own hands.
00:32:33.240
Find good priests to say the Latin mass and to really resist with all their power and faith
00:32:41.360
Because I think, while he may be a softer and gentler Pope, I think Leo is going to be
00:32:50.680
And I think we better gird our straps and buckle up because this is going to be a battle.
00:32:56.380
And let's draw the line now early in his pontificate and stop, you know, trying to plead for the
00:33:07.680
So we've got to stand up to him and fight for what is making the church thrive.
00:33:20.220
And yet the clergy hierarchy wants to crush it.
00:33:24.680
Liz, where do people go over the weekend on Memorial Day weekend?
00:33:29.440
This is something that's happening every day, a new development, huge development today.
00:33:35.900
I'm everywhere on social media, Elizabeth Yore, and also my website, yourchildren.com.
00:33:53.640
I really appreciate you pulling this together on a Friday afternoon before Memorial Day.
00:34:00.860
Then you bring it back in, and let's let it rip.
00:34:07.180
In 10 years, how is life going to be different because of AI for just a normal person?
00:34:16.380
In 10 years, probably AI could do anything better than a human can, cognitively.
00:34:25.240
Probably almost, I think, in 10 years, based on the current rate of improvement, AI will
00:34:37.700
How real is the prospect of killer robots annihilating humanity?
00:34:56.440
Yeah, but you can look at it like the glass is 80-90% full, meaning like 80% likely will
00:35:08.240
Sounds like a deal with the digital devil to me.
00:35:13.820
We have covered artificial intelligence now for over four years.
00:35:18.240
The discussion has ranged from more mundane problems like people relying on chatbots to
00:35:24.660
get them around the digital information sphere and maybe even getting lost and killed in the
00:35:30.180
wilderness because they've allowed their algorithm to lead them astray.
00:35:34.420
There are also, obviously, much more significant risks.
00:35:38.320
You have the open declaration that these machines will ultimately replace every human
00:35:44.640
white-collar and blue-collar worker, and then the nightmarish possibility that a super
00:35:50.600
intelligent AI would be created and perhaps wipe out the entire human race.
00:35:56.000
One thing that we haven't talked about much, because there really hasn't been much headway
00:36:00.880
in the political arena is concrete policy proposals for how to deal with this.
00:36:11.220
Mark Beal is the president of government affairs at the AI Policy Network.
00:36:17.160
He is a former policy director on AI for the Pentagon, also a successful tech executive and
00:36:35.420
So, what is your work at the AI Policy Network, and what sorts of concrete policies are you
00:36:45.500
Yeah, so the AI Policy Network is primarily focused on accelerating national preparedness for
00:36:52.360
very powerful artificial intelligence capabilities, what the industry calls artificial general
00:36:59.620
And we have a number of ongoing conversations with members of Congress on various things
00:37:06.100
But right now, in terms of preparedness, we're really focused on helping the United States
00:37:10.400
government understand at a more fundamental level what the specific current threats are,
00:37:15.940
and then looking right around the corner where they're going through what we call a robust,
00:37:23.260
And we think unless the United States government itself has a strong understanding of these
00:37:28.940
issues, it's unlikely that they're going to be able to take action in sufficient time
00:37:32.860
to stave off what might be some of these more potentially catastrophic issues.
00:37:37.480
Now, you helped prepare the action plan with Gladstone AI, and if you would, just run us
00:37:46.640
through some of the really key points of that report.
00:37:52.160
Yeah, so during that work with the United States government, what we sort of concluded was that
00:37:58.700
this phenomenon called deep learning, this technique that's being used today in the industry,
00:38:04.540
and we sort of saw the very first commercial applications of this deep learning capability
00:38:10.620
coming online in 2012, and we saw as researchers and engineers were pouring more and more compute
00:38:16.700
resources into these models, they were getting powerful and more powerful and more powerful.
00:38:21.060
And what we concluded was that the trend here is unlikely to abate anytime soon.
00:38:27.220
And because there's sort of no law of physics that caps intelligence at human level,
00:38:31.680
we are expecting that these systems may become vastly superhuman, and with vastly superhuman
00:38:38.600
And so, you know, as we say in the report, these systems might actually be something a little
00:38:43.920
bit more similar to like nuclear weapons in terms of their power and impact on global security.
00:38:50.900
You know, a lot of the conversation around this threat of out-of-control artificial superintelligence,
00:38:56.680
it seems to, as far as concrete policy goes, it seems like the only real option is either to
00:39:04.160
let her rip or to put a hard cap on how much compute can go into this, how great of capabilities
00:39:13.920
Are you on that sort of wavelength of we should stop this, we should pause AI until we have a
00:39:23.580
Yeah, I think when people say we should pause AI, I think naturally a lot of other folks
00:39:32.920
And actually, Joe, what I like to say is there's sort of actually two separate races between
00:39:38.240
the United States and China as it pertains to AI.
00:39:41.220
The first race is the race for commercialization and diffusion.
00:39:45.040
And this is a race that America probably needs to accelerate.
00:39:47.760
This is a race that American infrastructure gets deployed first and it's most capable in
00:39:54.160
that all these countries and partners around the world are using our technology and building
00:39:58.840
And that's going to give us a really important means by which we can imbue our values, American
00:40:04.640
founding principles, in the deployment of this technology.
00:40:10.480
And this is the race to the, as you mentioned earlier in your introduction, the race to artificial
00:40:16.880
And that is a potentially very dangerous circumstance.
00:40:21.680
And that race, if we get to a point in which we are starting to see, and we already are at
00:40:27.080
very preliminary levels, these models behaving in sort of deceptive ways or sort of unexplained
00:40:34.260
And they start to have very robust capabilities across a whole bunch of different domains.
00:40:38.740
And it's looking like human beings can't steer them effectively and reliably.
00:40:42.700
And then I think the United States government is going to have really no choice but to hit
00:40:48.680
And that's why we might be actually quite lucky to have President Trump in office, because
00:40:52.680
it's going to take a master negotiator to be able to deal with the Chinese on this issue
00:40:58.120
and make the Chinese understand as well that it might be in nobody's interest to continue
00:41:02.520
to push forward and race ahead and potentially drive the entire human race off a giant cliff.
00:41:07.080
You know, the thinker in this realm, Eliezer Yudkowsky, had a couple of years back recommended
00:41:15.540
and he joined on with the kind of pause AI movement, but on a much more extreme footing,
00:41:22.320
he had recommended that an international treaty should be forged to block the development of
00:41:29.540
such a dangerous system, even upon penalty of airstrikes on data centers.
00:41:36.860
Steve was quite enthusiastic about such a plan.
00:41:40.100
We only have about a minute and a half left, but just in that, what do you think of that
00:41:49.380
No one wants to see war unleashed as a result of an uncontrolled, you know, development of
00:41:59.060
You know, and while I think planning is always prudent, preparedness is always prudent, there
00:42:05.360
is still a little bit of uncertainty about the speed at which this is moving and the trajectory
00:42:13.180
And so I think we're going to want to make sure that we get our arms around the actual
00:42:17.380
And, you know, when we saw, like, for example, the Senate Commerce Committee hearing on AI
00:42:21.720
a few weeks ago, the kind of main news coming out of that was a 10-year moratorium on state
00:42:29.940
But as you're, you know, as Elon's telling Senator Cruz, you know, that 10-year period is
00:42:34.300
about when these machines might start to get, you know, pretty dangerous.
00:42:37.260
And I think we have to have a hard conversation in Congress to get our arms around this issue
00:42:41.780
and actually develop our own position on what the threat actually is.
00:42:45.380
And until we do that, we're going to be kind of shooting in the dark.
00:42:51.320
The moratorium, in my opinion, is completely absurd, especially when you have so many people
00:42:57.980
who are advocating for states' rights and even advocating for things like the making
00:43:04.280
marijuana completely illegal in Texas while simultaneously pushing for a ban on state-level
00:43:14.460
We're going to bring Steve Bannon back, talk about a little bit of personal business,
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There's something happening with our farmland here in the United States that isn't getting
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The Chinese have been buying up hundreds of thousands of acres of U.S. farmland.
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This thing about the states is absolutely hugely important.
00:45:35.300
How can they just slide it in to a reconciliation bill with essentially no debate on something
00:45:40.360
that's so important, particularly those who believe in federalism, states' rights?
00:45:44.660
This may be the most important topic of our time.
00:45:50.920
I hate to say it, but there's probably hundreds of millions of dollars sloshing around Congress
00:45:56.100
from the industry, and I think, candidly, the industry has a sort of a fair grievance here.
00:46:07.300
Many of them are not very technically informed.
00:46:10.160
But I think at the same time, when you have a situation in which the Vatican has moved faster
00:46:15.240
to appreciate the significance of this moment than the United States Congress, to ask states
00:46:20.820
to hold off for a period of 10 years while Congress sort of continues the navel gaze is
00:46:25.600
probably not an appropriate ask for states and their responsibilities to help defend their
00:46:34.740
There's more regulation to open a nail salon or hair braiding salon on Capitol Hill than
00:46:40.640
there is of the top four folks chasing artificial general intelligence.
00:46:47.860
Is that because the industry's just flooded the zone with money and what they want is kind
00:46:51.820
of laissez-faire and devil catch the hindmost in this?
00:46:56.500
Yeah, I think there's certainly this desire to accelerate to the brink and go as far and
00:47:03.660
And, you know, there are many amazing people in this industry, including many of the top leadership.
00:47:08.620
And I think they'll say they all feel locked in this race to be first to build this capability.
00:47:15.840
And as a result, they feel almost like they've lost a little bit of their own agency.
00:47:19.960
And at the same time, though, each one of these executives has sort of made a claim that AI
00:47:28.240
And some of them have gone so far as to, you know, to hunker down and buy their own 100-acre
00:47:35.300
But, you know, unfortunately for the most of us, like most Americans can't afford a 100-acre
00:47:38.900
farm to hunker down from a sort of a self-inflicted potential catastrophe.
00:47:44.500
And I think this is something that's probably worth a little more congressional scrutiny.
00:47:48.500
Like, how is it that these folks can make these claims and then proceed like as if everything
00:47:54.820
And Congress, you know, is not really taking this seriously.
00:47:58.400
And it's something that I struggle to understand, Steve.
00:48:01.020
Um, talk to me about, we just talked about the Latin Mass.
00:48:05.440
Talk to me about, we've got a connection on this.
00:48:07.680
I know you're very interested in, and obviously a practitioner of the Tridentine Rite.
00:48:12.920
Talk to me about our connection to the Latin Mass.
00:48:16.520
So I grew up in Richmond, Virginia, and I attended St. Joseph's Catholic Church.
00:48:22.000
And it turns out my catechism teacher was one Marty Bannon.
00:48:26.560
So your father was my Sunday school teacher for many, many years.
00:48:30.360
And he was a, he was an absolutely wonderful man.
00:48:32.800
And the priest who was presiding at that church, Father Adrian Harmony, the late Father Adrian,
00:48:38.920
was very close to my grandfather and a mentor of mine and helped me get into Benedictine Military
00:48:43.740
High School, where I believe your father also attended.
00:48:47.320
And so, you know, I think Benedictine might be the only Catholic military day school in
00:48:54.960
And yeah, that's a, it's a really small world, isn't it, Steve?
00:48:59.160
Actually, my father was one of the founders of St. Joseph's Latin Mass and very close to
00:49:04.240
But it was myself and the three and my two brothers that went to Benedictine.
00:49:09.420
He was already, he was already, he was already a pretty, a pretty straight shooter.
00:49:14.340
So that we had to go to Benedictine and get our minds right.
00:49:17.700
I want to hold you, if you don't mind, can we hold you into the six o'clock hour for a
00:49:23.680
And this is since you worked at the Pentagon, you're in this organization now.
00:49:27.480
There can't be a more, this issue of the singularity, not just artificial intelligence,
00:49:33.200
but CRISPR and everything we're hurtling towards, you know, homo sapiens on this side and
00:49:38.940
It's really the biggest issue of our age and it's not getting enough coverage.
00:49:42.480
One of the reasons it's not getting enough coverage, the money doesn't want it to get
00:49:47.300
They want to, they want to throw capital at it and let all these companies just kind
00:49:51.760
of run for the big brass ring of who's going to get to artificial general intelligence first
00:49:55.860
and the policy implications, the cultural implications, the civilizational implications.
00:50:01.080
Look, it's got huge, tremendous upside, but it is also, also some terrible, terrible downsides
00:50:06.500
that we don't actually think this thing through.
00:50:13.060
Talk to us about the Memorial Day weekend, the big sale you've got on and any updates
00:50:19.620
Yeah, you guys, I'm heading to Colorado in about an hour and I'm going to be spending
00:50:34.660
As you know, everyone that was sued back with the machine companies and their affiliates,
00:50:40.560
So right now, we are having a sale all weekend for the War Room Posse.
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And so we're bringing the MyPillow, the dream sheets back for $49.98.
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We brought this back just for the War Room Posse.
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So get as many as you want and use promo code War Room.
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What I'm doing, too, this weekend, you guys, use promo code War Room.
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Go to the MyPillow website and scroll down to you, see Steve, and click on them.
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We also put all the mattress on sale, the Memorial Day mattress sale.
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You guys have been great, responded great when you're spending this weekend.
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If you want to learn what's going on out there about the trial, we posted that on MyPillow.com, too.
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You can go there now, and you'll see me holding a flag.
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Click on it and go play-by-play on what's going to happen and the jury trial coming up.
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We'll see you over the weekend when you get to Colorado.
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And that state, and they've got some great people there.
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We're trying to get her out, and the radical governor won't even hear about it.
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Okay, we're going to take a short commercial break.
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Mo Bannon's a new member of the Board of Visitors at West Point.
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We've got a surprise guest that's a new member of the Board of Directors of CPAC.
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And it's someone you know from the War Room quite well.
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Talk about the situation down there in the House and the Senate.
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