Episode 4576: Victory In LA And Setbacks Continue For Newsom; Three Most Important Institutions
Episode Stats
Summary
Join us as we discuss the latest news coming out of the Middle East, including the latest on Iran's nuclear deal with the United States and Russia, as well as the latest in the Ukraine, and much more!
Transcript
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clicks i mean it is it's just disgusting it was it was gross steve we're going to well the clicks
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are the clicks are an added benefit um but no we're fighting for principal john roberts you
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guys and trey gowdy you work for a network that quite frankly has been a like an agent for a
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foreign government the cheerleading is outrageous what you've done is outrageous the danger you put
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this country in is outrageous thank god we've stopped it to date and we're going to continue
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to fight it and stop it we president we're going to start with a cold open about the president
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of tarmac brother thank you so much for your turnover you're saying the getter the gutter
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and the rumble fan the gutter and rumble chat like this but this is the best part of the show the
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turnover that when you're not here they're like where's where's the banning banter they call it
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the banning banter i didn't make that up that's that's it hey have a great week brother tell the
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president i said hi eric have a great weekend lunch with him i'm looking forward to the show man
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thank you sir um let's go ahead we got a great cold open a lot going on this afternoon let's go
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ahead and get into the cold open mr president the iranian foreign minister this afternoon said
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if the u.s is serious about negotiations that you would call up israel and request that they stop
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their airstrikes will you make that request well i think it's very hard to make that request right now
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if somebody's winning it's a little bit harder to do than if somebody's losing
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but we're ready willing and able and we've been speaking to iran and we'll see what happens
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what was the thought process behind the two week timetable
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uh just a time to see whether or not people come to their senses
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iran doesn't want to speak to europe they want to they want to speak to us
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europe is not going to be able to help with this
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does iran have two weeks or could you strike before that are you essentially giving them a
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two-week timeline i'm giving them a period of time we're going to see what that period of time is but
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i'm giving them a period of time and uh i would say two weeks would be the maximum
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you've been making progress towards a peace deal but i don't know if you know this but lindsey
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graham and mike pompeo where they're on the ground in ukraine seemingly doing the opposite
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trying to provoke the ukrainians to keep fighting what do you think of that
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well we're going to see and uh people have to be very careful with what they say
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they got to be very careful with their mouth because their mouth could get them into a lot of trouble
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he said he's going to go to moscow on monday to meet with vladimir putin
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it's been notable that russia an ally of iran has been on the sidelines here has not been willing to come to their defense
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defense and when i asked him repeatedly about all of the uh the hits that is that iran is taking
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including the threat against the supreme leader from the defense minister in israel
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he said when i asked him also about the president himself saying that we know where he is but we're
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not going to do that now and does he see that as a threat he said i see that as an insult by
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president trump an insult not a threat and not befitting a so-called superpower so there's a lot
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in a 40-minute interview with abbas irachi who was uh the number two negotiator under javad zarif
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in 2015 for the previous nuclear deal the jcpoa which of course donald trump in his first administration
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as you so well know katie pulled out of and he also denied repeatedly that they are trying to build
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a weapon uh but could not explain why they are enriching to 60 percent according to the international
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atomic energy inspectors uh and in violation of the non-proliferation treaty uh and not willing to
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accept the deal that has been offered which is to have uh enough uranium enriched up to three to five
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percent off-site in other countries and then provided to iran but not giving them the power to
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always a peacemaker that doesn't mean sometimes you need some toughness to make peace but always
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a peacemaker we had a big victory last night uh in the court court of appeals with respect to los
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angeles but really the country where gavin news newscom who's really an incompetent governor
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uh he's just doing a terrible job between his fires between all the houses burning down as far as fires
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and now los angeles if we didn't go to los angeles and the sheriff admitted it he had no control he
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would have lost control we saved los angeles by having the military go in and the second night was
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much better the third night was nothing much and the fourth night nobody bothered even coming
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we put out that fire we did a great job of it he sued us for going in and for helping him we went and
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helped him right now you'd have los angeles burning to the ground largely it would have already been
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destroyed if there is an attack on u.s assets will you promise to conduct a full investigation and make
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it transparent with the american people before blaming iran for such an attack well if there's an
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attack we'll know almost immediately with modern equipment who made the attack and those people
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would be very very unhappy would you prime minister i want to get you people out of danger
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this is the primal scream of a dying regime pray for our enemies because we're going medieval on
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these people here's when i got a free shot all these networks lying about the people the people
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have had a belly full of it i know you don't like hearing that i know you try to do everything
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in the world to stop that but you're not going to stop it it's going to happen and where do people
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like that go to share the big line mega media i wish in my soul i wish that any of these people
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had a conscience ask yourself what is my task and what is my purpose if that answer is to save my
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country this country this country will be saved war room here's your host stephen k band
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it's friday 20 june year roller 2025 uh a lot there as president trump goes to bedminster for the
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weekend lays down right there on the tarmac when he lands i guess it's morristown new jersey when he
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lands talks about latest update hey he's going to give him some time but there needs to be some progress
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shown he's clearly looking at military alternatives all kind of reporting today coming out about
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exactly what they're they're looking at um the the hugo lowell uh story from yes it really hasn't
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been refuted about what the complexity and difficulty with even trying to do a limited strike at the end to
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kind of be the coup de grace uh for this also putting uh lindsey graham and uh mike pompeo
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from being over there trying to screw up what he's trying to accomplish in uh in ukraine can i
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play that uh and by the way our watchword here because there's a report out um and if we can put
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it up i think i gave it to my producer about netanyahu announced that you know subject to how
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president trump comes out there prepared to finish it i put it up on getter don't wait
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you should assume for purposes of this exercise he's going to say no just assume that so you should
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get on with it don't wait go now because his he says you know two weeks now it may be the limit
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but it's president trump he's always looking for optionality depends on how these discussions go
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the iranians at least the foreign minister was in europe today in geneva with the eu and they're
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saying hey they may you know they want it to stop they want to cease fire before they even engage
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so it's a process and people are working through this but for netanyahu and his government hey this
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is the whole thing we continue to say our mantra is certainly we don't believe the mullahs should
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get a nuclear weapon we support president trump in that we've always said that it's just about how
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you do that there's many different ways you get there but one simple way is to do what you started
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to do i don't remember you asking and coming to anybody in the united states government
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and asking for oh you're going to have to deliver the final blow militarily you're going to get as
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as a combatant on the offense because we can't do it and if we can't take that four door
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the mountain uh redoubt of their nuclear program then it's not successful we really haven't accomplished
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everything or even really anything we're going to need you to do it i don't remember there's not one
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person in the cabinet there's not one person in the chain of command there's not one person to say
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they were asked that and brought that to the president president united states was not asked
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that that we have to do it and for all the momentum that they had on the sneak attack that took place
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thursday friday night they have air supremacy not air superiority air supremacy there's the citizens
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of israel getting pounded and now there's a call up an emergency call up for additional air
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arrow uh weaponry missiles more uh american air defense we're an active combatant in this conflict
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this is what the this is what the netanyahu government doesn't want to talk about how did
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the america united states get drawn in as a major combatant to defend israel understanding we have a
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special relationship but we would kind of think like that brought up at the beginning we really we're
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going to do an attack uh but we're going to bite off more than we can chew and we need you in here at
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the beginning right to defend us and then we're going to you know then we're going to have all
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this urgency because they're you know for they're hours away from getting a nuclear weapon according
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to our including to the massad's intelligence and you guys have to act now you have to act now you
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have to act now you have to defend us have to come in and help defend us oh and by the way let's
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upset you now we want regime change and you saw what the trump administration said that we're not
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going to do a regime regime change we're not going to approve you assassinating the ayatollah
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not that he may not deserve killing right but it gets more complex than that you break it you own
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it president trump is not going to break this and have to own it because no offense guys you've kind
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of bailed out on the first part of this you're begging for help on the defense side begging for help
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on the defense side coming in air defense coming with more air missiles fine now it's going to be i don't
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12 15 billion dollars fine if you have a special relationship maybe you lay that out at the
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beginning maybe that's known at the beginning maybe it's known at the beginning that you're
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going to require us to come back for a combat offensive and if and if a president trump doesn't
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comply immediately if the american people don't comply immediately that you're going to have a
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certain news network uh hector them and hound them and question their patriotism for people sitting
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there going well hang on for a second particularly people that served in uniform you're going to this is
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what you're going to do you're going to hector hector hector this is why i say i think it's
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incumbent to basically check the fox news the murdochs people on the shows they ought to see what
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kind of what kind of interaction have they had with the intelligence services are they working as a
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spokesman for a foreign government i think it's a legitimate question to ask because the over-the-top
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emotional pleas to do this are not rational it's worse than the iraq war and as sean davis brought
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out today from the federalist the great founder of the federalist news site it was a year and a half
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of they they prepped the battlefield for the narrative war to get you ready for iraq and remember
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the tf chalibay and have all these guys from the iraqi national congress going to step in and run the
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country they're all they're all jeffersonian democrats right all of it was a lie the lie
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in fact there was a defense today say we refer back to the iraq war it's anti-semitic i don't get
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this dude it's i don't get it we're just comparing the iraq war today which the exact same thing no
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nobody said nobody pointed out uh israel having any involvement that i'm talking about people in the
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united states of america that should have known better and they said it was a he described it
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as a massive um failure of intelligence it wasn't a failure of intelligence this is my point
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it wasn't that intelligence got it kind of wrong or 10 percent wrong or 20 percent wrong or 40 percent
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wrong or people made honest mistakes in the intelligence assessment it was a bald-faced lie
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you were lied to president trump told told the world that told the bushes that that's one of
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the reasons president united states a bald-faced lie and we're getting bald-faced lies right now
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bald-faced lies but even when president trump just slows down says ho yo let's just slow down let me get
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some more intelligence part of the intelligence is is there a tactical operation that can actually
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work is there a tactical operation uh trey gowdy that gets more of a higher uh percentage of completion
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than benghazi because president trump is looking at libya as a model is is there something that gets a
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a higher percentage of the hostage rescue as a young naval officer at least at the very beginning
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i was involved in the workup right that was an epic failure of clinton of excuse me jimmy carter and
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why because jimmy carter got one cent of information they kind of had group think they if you look back
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in in hindsight it's absolutely an absurd mission to try to accomplish given the constraints of it
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the reality of it the reality of the of the scale and distance from the north arabian sea to tehran
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that's what president trump on the tactical side wants to make sure anything he does can work
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and absolutely work and also on the strategic side to make sure that he does not suck the united
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states of america into a major war certainly government officials in israel should put israel first
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that is your mandate and the citizens of israel first as president trump should put america first
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and american citizens first this is an independent decision we have to make and there are many
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patriots and veterans that say upon further review give president trump as much time as possible on
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the diplomatic side and we haven't gone up the escalatory ladder on economic warfare maybe that
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has a shot and maybe ultimately you have to go to kinetic warfare but make sure that you've thought
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everything through and that you're fully committed and the american people are committed
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not sitting there screaming at him no more meetings with the iranians president trump's going to take
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as many meetings with as many people as he wants to and talk to as many people inside his government
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and outside his government in making this decision as he should as commander in chief of the armed forces
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of the united states of america this july there is a global summit of brics nations in rio de janeiro the
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block of emerging superpowers including china russia india and persia are meeting with the goal of
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displacing the united states dollar as the global currency they're calling this the rio reset as brics
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nations push forward with their plans global demand for u.s dollars will decrease bringing down the
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value of the dollar in your savings while this transition won't not happen overnight but trust
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me it's going to start in rio the rio reset in july marks a pivotal moment when brics objectives move
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rio reset text bannon at nine eight nine eight nine eight and do it today appeals court ruled that
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president trump can keep control of california's national guard in los angeles for now the three
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judge panel rejected a lower court's order for the president to return control of the guardsman to
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california governor gavin newsom what did this three judge panel say the president can do
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john so this is a win for the trump administration a setback for gavin newsom in the state of california
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the core holding here is that the courts do have a role but a very limited one in reviewing the
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president's decision to deploy the national guard the courts basically said we the courts cannot reverse
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the president simply because we might disagree we have to give the president quote broad deference
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meaning we have to let the president do what he wants unless he has done something that is
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patently absurd or taken in bad faith and then the court applied that very broad deference to this case
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and they found that well one of the reasons donald trump gave for deploying the national guard
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is it's necessary to enforce federal laws and the court of appeals said that's reasonable that's within
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his power therefore the power remains with the president to deploy the national guard as he has done here
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we had a big victory last night uh in the court court of appeals with respect to los angeles but really
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the country where gavin news newscom who's really an incompetent governor uh he's just doing a terrible
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job between his fires between all the houses burning down as far as fires and now los angeles if we
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didn't go to los angeles and the sheriff admitted it he had no control he would have lost control
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we saved los angeles by having the military go in and the second night was much better the third night
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was nothing much and the fourth night nobody bothered even coming we put out that fire we did a great job
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of it he sued us for going in and for helping him we went and helped him right now you'd have los angeles
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burning to the ground largely it would have already been destroyed
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okay mike davis joins us by phone um he's out of the imperial capital mike um i'm a little confused
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so you got to help me out here i think we're winning in an appellate court level but judge briar's
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isn't judge briar's brother is now inserting himself or there's this discussion about posse comitatus
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can you walk me through what's happening here can president trump actually federalize
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the uh army the marine corps and the national guard to help put down these riots and and to basically
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protect ice as they do multiple raids in these sanctuary cities that are upheld that are defended
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by neo-confederates like governor gavin newsom sir yes the president not only has that right
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escalator in chief he has that duty what's going on here you have la riots you have la burning
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because the a lot the california governor and the los angeles mayor gavin newsom and karen bass are
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refusing to do their jobs and you have these federal law enforcement agents particularly in ice
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who are being attacked and so the president uh called up the california national guard and uh has
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the california national guard supporting the federal law enforcement effort protecting the federal law
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enforcement officers while they are performing that the officers are performing uh law enforcement
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duties you have riots of course the president can do that so uh this judge charles briar who's the 83
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year old younger brother of retired justice stephen briar both clinton appointees uh and joined the
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president said the president could not do this well there's a three judge panel on the ninth circuit
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including an obama judge who slapped down judge charles briar and essentially told charles briar
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to stay in his lane and get the hell out of the commander-in-chief's way and now charles briar
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is trying to take a second bite at the apple he's trying to say that the posse comitatus act of 1878 passed
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after the civil war that essentially prevents active duty military army navy air force marine space
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force from doing domestic law enforcement and he's uh judge briar gave the parties until monday to brief
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that issue it looks like it looks like judge briar is going to try to say that the president
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is violating the posse comitatus act of 1878 because the president deployed the marines
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to put down the riots judge briar is if he does rule that way he's going to get slapped down
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very quickly again by the ninth circuit and or the supreme court of the united states this judge charles
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briar is playing a very lawless and dangerous game when he is trying to interfere with ongoing
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military operations commanded by the president of the united states just like jeb boseberg
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another left-wing whack job judge in dc tried to do with the deportation flights of trend de aragua and
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ms 13 these judges need to stay in their lane they're not the commander-in-chief they don't get
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to second guess the commander-in-chief uh on on his commander-in-chief powers and this is where
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congress really needs to step up and put these judges back in their place um i just want to make
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sure i understand this that briar given what the appellate court saying briar kind of came up with
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another angle to basically chop block president trump from performing his duties under article
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two as commander-in-chief yeah briar ruled and he got overruled by the ninth circuit briar rules
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that the president as the commander-in-chief could not essentially nationalize the california
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national guard uh the briar said that these weren't actually riots you're not going to believe we're not
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supposed to believe our lying eyes when when we see buildings burning police cars on fire throwing
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bricks and rocks at federal ice agents and other law enforcement briar wanted to second guess the
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the commander-in-chief's determination that we're dealing with riots where the governor and the mayor
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the democrat governor and the mayor are refusing to put them down and this is endangering federal law
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enforcement judge briar got slapped down uh unanimously by the ninth circuit including by a
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biden judge and now briar is taking another bite of the apple and saying that the posse comitatus act
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of 1878 prevents the president's from deploying active duty marines into california to la first of all i
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don't even know how briar has uh has the ability to take this case this case should have been brought
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in federal court in los angeles not san francisco but this was brought in san francisco because there are
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more left-wing whack job judges in san francisco like this 83 year old whack job younger brother of justice
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steven briar retired uh this this judge charles briar who's a lunatic
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but it was the ninth the traditionally crazy ninth circuit correct me if i'm wrong that kind of stood up here
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did that not surprise you did i read that correctly i might have read it incorrectly it was a nice
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sir no it's um yeah i mean remember when president trump took office there was a i think it was like
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an 11 democrat advantage 11 seat democrat advantage on the 29 seat out of control ninth circuit they
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called it the ninth circuits and then president trump got that down to just a three seat advantage for
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democrats so from plus 11 to plus three and president trump appointed very good judges on the ninth
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circuit so president biden also appointed left-wing radical judges on the ninth circuit but even one of
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these left-wing radical judges was on was the judge on this three judge panel that overturned judge
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briar this included i think the judge was judge sung who was one of the radicals who came out and
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strongly opposed justice kavanaugh's nomination to the supreme court judge charles briar's ruling is so
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lawless dangerous wacky crazy that he managed to lose this radical biden judge on the ninth circuit
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isn't it interesting that you know the electoral count act of 1887 and the posse comas tatus act of
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1878 it shows you that after the civil the civil war did not end for a long time did it serve because
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the the this is all about reconstruction and the horrible fights that were going on
00:25:25.240
in reconstruction that these two major pieces of legislation that it's fascinating that you know
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president trump's talking about a special counsel now to go to go into the stolen election but this
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was so central to that and you've got the posse comas tatus now don't you find it fascinating that
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uh the recon the the post-civil war reconstruction the bitterness of the reconstruction era uh is
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visited upon us in the 21st century well it's visited upon us in the 21st century because democrats
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like to rig and steal elections number one and they like to have foreign invasions of of these foreign
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terrorists who are flying foreign flags and burning and rioting in america in one of america's
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largest cities and they want this to keep happening because today's democrats are not liberals who
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love america they're marxist who hate america they're subversive and they're trying to destroy us from within
00:26:25.000
mike davis uh amazing job by the way the president tweeted out today he wants a special counsel to begin
00:26:30.360
with the stolen election but there much may be much more to look into your your your preliminary thoughts
00:26:36.280
on that sir i think it sounds fantastic that uh i think what we need to do is get a good u.s attorney
00:26:44.200
to handle this and that requires that the senate actually work more than two and a half days a week
00:26:50.280
i instead of the senate becoming a nursing home i think we need to have these senators work monday
00:26:56.600
tuesday wednesday thursday and friday to confirm president trump's nominees including his u.s attorneys
00:27:04.280
so they can actually clean up this mess mike davis where do people go to get you at article three
00:27:12.120
uh social media all of it you're one of the uh you're one of the main uh planks of foundational
00:27:18.360
elements of this mega movement here in the imperial capital the legal side you're driving virtually all of
00:27:24.440
it where do people go to be a part of it sir article three project.org article number three project.org you
00:27:31.400
can donate follow us on social media the war room posse commentatus the most important thing that the
00:27:37.480
war room posse does is take action the big action item is the top left there let's let's have the senate
00:27:45.160
work beyond their french work week let's let these 80 year olds uh work more than two and a half days a
00:27:52.040
week so we can actually confirm president trump's nominees including his judicial nominees and his u.s
00:27:58.520
attorney nominees and many other nominees so we can clean up the law fair and the rigged and stolen
00:28:04.280
elections from the past thank you brother we're going to get everybody on it today and all weekend
00:28:11.560
thank you mike have a great weekend short commercial break we're going to return to a very important
00:28:18.840
conference that's going on this weekend there's something happening with our farmland here in the
00:28:29.880
united states that isn't getting enough attention the chinese have been buying up hundreds of thousands
00:28:35.720
of acres of u.s farmland they're also taking control over critical supply chains things like fertilizer
00:28:42.760
animal feed and farming equipment why it's not clear they're tightening the grip on global food
00:28:49.640
production that is clear and if things go south and it could happen quickly we need to be ready
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that's why i trust my patriot supply they're america's largest emergency preparedness company
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do it today do not let this thing get ahead of you here's your host stephen k van
00:30:16.920
okay welcome back um times of turbulence we're gonna get to ray dalio in a moment or break down
00:30:21.800
his entire hit this morning on morning trip because you need to hear it to kind of understand what's
00:30:27.080
going on and be able to kind of weigh and measure it particularly now it looks like we're inexorably being
00:30:32.520
drawn in to another middle east war did i tell you earlier that the three most powerful institutions
00:30:45.800
the imperial capital i realize one of them's not completely headquartered in the imperial capital
00:30:50.680
its headquarters is down in i think tampa st pete but it's really its source is over across the river
00:30:56.280
here at the pentagon the three most important institutions in the imperial capital are the
00:31:04.760
federal reserve the central intelligence agency and cencom and the combatant commander of cencom
00:31:10.200
carilla in this regard i heard some very disturbing information today is that carilla he's supposed
00:31:16.680
to step down in two weeks which is kind of coincidentally as i talked to jack basovic today
00:31:21.720
when president trump said hey you know i'm thinking about this for two weeks my understanding is he may
00:31:26.040
extend beyond that i think he extends beyond that that might be in what we call in poker a tell
00:31:34.520
we'll help think this through over the next couple of days birchgold.com take your phone out
00:31:38.760
ban it text ban at 989898 um to get the um brochure totally free investing in gold and precious metals in
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the age of trump make sure you understand it talk to philip patrick and the team they can help you
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sort out if you're so interested all the different methodologies whether it's 401ks iras all of it
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many different ways you can do this and birchgold are the guys to help you
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our own nicole negrady she plays in fact that was her song that always takes us to break
00:32:14.040
uh at the bottom of the hour people love it modern day holy war nicole you're at a very important
00:32:18.840
conference this weekend i'd like you to give the information particularly if people can stream it
00:32:23.720
or be there where are you and i take it you're going to perform tomorrow yes so i am in yuba which
00:32:31.080
is in northern california and i'm going to be at a church led by pastor dave bryan um called the church
00:32:39.960
of glad tidings and they are a very politically activated church and they have just immersed
00:32:47.640
themselves into the rescuing of children from child sex trafficking um we are having a three-day
00:32:56.120
conference which starts today with speakers like laura logan uh we have craig sawyer we have dr christian
00:33:05.000
northrup and actually dr frank is here as well uh how do yeah is it streamed or do people have to be
00:33:15.080
there can they get there you know what part of northern california and is it streamed can we watch
00:33:20.600
this can we put it up on uh our getter account and get you guys some traffic so we are actually the event
00:33:26.520
the live event is sold out but you can watch it live on x and on rumble so i can go ahead and get you
00:33:32.840
all of the links uh the website is peace of heaven dot life there's a ton of information on there and
00:33:40.600
what this conference is for is to raise money to open up the first physical facility to actually housed
00:33:48.920
house children who have been rescued because there have been many rescue missions one of them was recent
00:33:55.320
and it included 817 children who were rescued off of a barge out off of the coast off of the west coast
00:34:02.520
and they all had tattoos on their shoulder s for sex o for organs and l for labor um and cps actually
00:34:11.640
came and took these children back which if you know you know some of these organizations aren't
00:34:17.240
always the most honest so they want to rescue heal and restore hang on hang on hang on so hold it
00:34:25.320
hold on hold on slow down there was a rescue done here recently with 817 children rescued on a barge off
00:34:34.120
the west coast of the united states or the west coast of latin america or africa the united states
00:34:40.680
i believe it was the it was the us yeah and cps said those are our kids and and took them back and um they
00:34:49.480
want to prevent that from happening so they want to have the resources to actually house these children
00:34:54.600
and there is a women's prison that's no longer in operation and it's a low security prison meaning it's
00:35:00.600
dorm style not cells uh they want to take this uh this prison and completely uh refurbish it and turn it
00:35:09.720
into a sanctuary hence peace of heaven for these children to get you know psychological care physical
00:35:19.240
care and uh you know an education tell me about you so you got laura logan there you guess these are
00:35:27.320
some pretty big names right and it's a three-day conference it's both i guess this afternoon
00:35:31.880
saturday and sunday yes yes so we have laura logan we've got a list of about 20 20 to 25 people we
00:35:41.960
have laura logan we have mary flynn um we have lee dundas big lawyer um we have craig sawyer mary crowley
00:35:50.920
and of course war room's favorite dr frank uh and i'm going to be singing the national anthem as well as
00:35:57.800
modern day holy war with the music video and then we're gonna i'm gonna close the weekend out singing
00:36:03.160
a lovely rendition of hallelujah and i think it's gonna be a really beautiful weekend and they've
00:36:09.080
already raised two million for this facility and we need another two million so anyone who is willing
00:36:16.200
to donate is greatly graciously appreciated fantastic one more time where do folks go ma'am
00:36:22.600
peace like peace of heaven dot life and where they go for your music and social media all of it
00:36:38.920
thank you ma'am have a great weekend uh grace and mo will look to go over to rumble and figure
00:36:43.240
how we put it up on war room get you guys some traffic and some eyeballs thank you so much
00:36:47.880
thank you ma'am modern day holy war nicola grady um and of course that's you see these are the
00:36:55.800
types of things there's so many make america healthy again the stuff with child trafficking the
00:37:01.160
transgender ideology all the topics we have covered vaccines i've got backed up talking to people i mean
00:37:09.800
dozens and dozens of conferences and stories and all of it plus we're not even i mean we're just
00:37:15.000
scratching the surface let's be honest we're just scratching the surface on everything related to
00:37:19.960
um the big beautiful bill and um and um the debt deficit all of the madness what's in there so many
00:37:27.800
things going on we can't because barely keeping up with covering uh what's happening on the the front of
00:37:33.480
the war in the streets of america and the deportations of 10 million you just saw the legal challenges
00:37:39.560
we're going to get but this is what um kinetic war this is when you go to war remember in iraq remember
00:37:47.720
afghanistan it just remember the beginning of ukraine it just sucks up so much time and attention as it
00:37:53.320
should because you're talking about committing the nation's assets and resources and prestige and honor
00:38:01.160
and the most important thing it's it's you know you get blood and treasure putting putting forward
00:38:05.960
particularly the best people in this generation every generation you see the the warriors at the
00:38:11.880
tip of the spear are among the best of the best and that's what we potentially sacrificing here this
00:38:17.000
way it's absolutely so important to get it right now the reality it just takes a lot of time and time
00:38:22.040
discussion and you know that there's a big gap between the non-interventionists no we're not isolationists
00:38:29.160
and we're not you know peaceniks although some are no problem with that i'm all for the beat the
00:38:34.840
swords into plowshares when appropriate but this is what happens i want to go to the um ray dalio and
00:38:42.840
let's get as many as much as this because i want to start rolling on this can we play the i've broken
00:38:46.760
it down or my crack production team has broken it down into segments ray dalio runs the biggest hedge
00:38:53.560
front fund in the world bridgewater he's been in a lot of business with the chinese communist party over
00:38:58.040
there and made a lot of money but he's a very smart guy he's been talking kind of sounding like war room
00:39:03.000
for the last year about debt and deficits maybe the last year and a half he's got a new book out he
00:39:08.120
was on morning joe this morning let's go ahead and hear it for about 50 years i've been in the markets
00:39:14.360
betting on these things and i wanted to convey the mechanics of how the process works so think about
00:39:22.360
it this way the uh credit system is like the circulatory system and that it brings buying power
00:39:31.240
throughout the economy and by creating credit you create buying power and that creates debt but if
00:39:38.680
that debt produces income then that's a healthy system if it doesn't it produces uh interest rates
00:39:47.240
and debt service that build up and crowd out spending and so we can see that happening to the government
00:39:54.200
so now interest rates for example relate are now um one trillion dollars so let me put the budget in
00:40:02.920
perspective that number that you gave is um a wrong number because it is the amount of deficit on top of
00:40:11.800
the amount of deficit that would be there um seven trillion dollars is the amount the government
00:40:19.240
spends every year it takes in five trillion dollars as a result it's got a two trillion dollar deficit
00:40:27.240
and it works the same for governments as it works for individuals or companies except the government can
00:40:33.960
print money and so that is building up over the next uh 10 years it's going to increase by the debt
00:40:41.880
and the debt service is going to increase by more than 10 times that two uh and a half trillion dollar
00:40:48.760
number because that number was a number on top of the deficit so what we're having is a crowding out like
00:40:57.800
in plaque building up in this system a crowding out of spending and there were and that amount of debt
00:41:05.400
now is about 230 000 per person so you can see it happen in that way in addition you have supply demand
00:41:14.040
issues in other words one man's debts or another man's assets and when there is a lot of more debt
00:41:21.560
that's being sold then you have a demand problem not an adequate amount of demand we're seeing this happen
00:41:28.840
now as central banks on and foreign investors are buying less and in fact shifting to gold
00:41:35.400
so there's that dynamic that i'm trying to convey the mechanics of it's not political and there's
00:41:42.520
something we can do about that what i call the three part three percent solution
00:41:49.800
wow aren't you glad you've been a follower of war room for the last couple of years i think we
00:41:56.600
ray dalio he's learning it's getting better not quite there it didn't stick the landing
00:42:01.960
slightly a little confusing not bad i also think the 230 000 is per household i'm not sure it's per
00:42:10.520
person regardless uh the point there the debt now let's say it's let's say it's per household
00:42:19.240
two hundred thirty thousand dollars per household of your share of the national debt i think is right
00:42:24.840
not per person um that's like a second mortgage on you that's the way you got to think about it
00:42:33.400
we we every year all the time say but deficits don't matter and the public doesn't care about
00:42:38.040
it well they're caring about it now because it's starting to impact their life because this inflation
00:42:43.400
which president trump's kind of trying to get out but it is embedded because of the scale
00:42:49.000
of the debt and the scale of the interest payments he just said they're the the gross interest payments
00:42:57.720
over a trade a lot over try i think it's a trillion four three and five now the net
00:43:02.760
it gets back to because we do make interest on the on the bonds that we hold that we kind of created
00:43:08.760
i know it's a little screwy but follow along to follow along at home bottom line it gets down to that
00:43:15.320
seven trillion of spending five trillion of revenues uh the revenues are unless you know
00:43:21.160
tariffs are going to add some big numbers i think economic growth will actually add more as far as
00:43:26.200
taxes go so that should be higher this is why i'm a strong my strong recommendation is a million
00:43:31.400
above ought to go to 40 percent you just need more revenue and the spending of seven train you got to
00:43:36.040
start making some serious cuts ron john this is this whole fight they're going to have
00:43:40.920
next week or the spending in the senate bill we will make it all clear to you going to take a short
00:43:47.560
commercial break now even ray dalio said hey the central banks they're all going to gold why is that
00:43:55.320
they feel they they're holding too many dollars they want to get out of dollars and they want to hold
00:44:09.160
what if he had the brightest mind in the war room delivering critical financial research every month
00:44:15.240
steve bannon here war room listeners know jim records i love this guy he's our wise man a former cia
00:44:21.560
pentagon and white house advisor with an unmatched grasp of geopolitics and capital markets jim predicted
00:44:27.800
trump's electoral college victory exactly 3 12 to 226 down to the actual number itself
00:44:36.600
now he's issuing a dire warning about april 11th a moment that could define trump's presidency
00:44:42.360
in your financial future his latest book money gpt exposes how ai is setting the stage for financial
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right now war room members get a free copy of money gpt when they sign up for strategic
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you should read it time is running out go to records war room dot com that's all one word
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00:45:29.480
think about that national debt now is 230 000 per household um think about that for a second a
00:45:36.440
second mortgage may be larger than your first okay and that one's running up interest the entire time
00:45:42.600
we will never pay off a penny of the face amount of the debt i don't think ever we're barely going
00:45:49.560
to be able to pay the interest expense or you're going to have to start cutting significant programs
00:45:54.760
or just printing money right printing money is that we have this kind of phony thing where we create
00:45:58.440
the bond and then we buy the bond the treasury creates it and the federal reserve buys it that's
00:46:03.720
why it's nine trillion we think there's nine trillion dollars of of debt on our balance sheet
00:46:11.160
i'm not kidding you that's the way the system works because the political class doesn't have
00:46:14.760
the courage to come back and say hey here's what we have to cut here's how we have to do it
00:46:18.760
i didn't say these cuts are easy but this also gets in the situation in persia you got you know
00:46:23.720
three carrier battle groups this is all costing a vast amount of money who's paying for that
00:46:28.040
is israel paying for that nope they would not be are the arab uh are the gulf emirates who were kind
00:46:35.720
of protecting too yep are they paying for it no they would not be you know it's paying for you
00:46:42.440
and more importantly uh it's blood and treasure that's the treasure part the blood part is that
00:46:49.480
it's your sons and daughters on those carrier battle groups it's your sons and daughters that'll
00:46:53.800
be in the strike package is twofold first is the fighter bombers that go in and clear things out
00:47:00.200
as hugo low the guardian said the second part is in the b2s the big coming in with the uh
00:47:05.400
with the the monster bombs of 30 000 pound bombs right all those pilots everybody's gotten those ready
00:47:13.000
all of them right the fighters all those lives in line the families and who's paying for that we're
00:47:20.120
running up this is not cheap we're running up and quite frankly i think the same comedy
00:47:23.720
people they just have this thing oh let's just go and let's just do it and let's throw it all
00:47:28.040
together yes we have these resources we should put them in harm's way when it's a necessity to put
00:47:34.200
them in harm's way the military is there to be used when appropriate people in the military it's an
00:47:41.960
all-volunteer force you sign up you're ready to go you're excited to go this is what you train
00:47:46.440
for this is what everything's about and of course you're patriotic that's you wouldn't have volunteered
00:47:50.600
in the first place it's also not the point you have to think through the resources you have to
00:47:56.360
think exactly what is the national purpose of doing this what is in the just like in ukraine the reason
00:48:02.040
against the ukraine war we can listen you can in people on fox oh it's good versus evil it's good
00:48:08.120
yo dude john adams said if you want to go uh you know don't go abroad for monsters to say there are
00:48:13.560
monsters all over the world we can do the good and evil everywhere everywhere everywhere is that
00:48:21.560
we're going to do it's good versus evil let's go i would think if you're going to do good versus evil
00:48:26.520
and kind of weigh them up maybe we should be marching on beijing let's roll let's do it i don't hear
00:48:34.040
any voices there for that it's interesting is lao beijing not worthy of that it's because they're chinese
00:48:40.520
they're not worthy of that is that what it is is that what it is is that what it is no i think
00:48:47.800
a major farah investigation should take place at fox news i believe that thoroughly i think we need
00:48:53.160
to see if they represent a foreign government as an agent they think you ought to check the cell
00:48:59.160
phone see the data check the emails what was going back and forth what they were pushing on the american
00:49:04.440
people what are they pushing on the american people where did this information come from
00:49:12.120
i think it's very i think it has to happen you can't have somebody cheerleading you on to war you
00:49:17.400
have to sit there we haven't been cheerleading against doing it what we're saying first off number one
00:49:23.800
we believe it should be done right we agree that the mullah should not get nuclear weapons
00:49:29.640
we believe there's many paths to do that president trump was pursuing other paths as he was from the
00:49:34.280
first term none of those paths paths aside we're going on the path to kinetic warfare none of them okay
00:49:42.600
none of them but we got jammed up because last thursday night had to do it had to do it had to do it
00:49:49.560
had to do it had to do it had to do it had to do it then we did with a sense of urgency the phony sense
00:49:55.240
of urgency had to upsell now we need regime change regime change regime change got to do it got to do
00:50:00.040
it you're not maga you're not trump you're not team trump you're not team trump but look bro
00:50:07.240
we've been in these trenches with trump a long time we know who teammates are and who arriva stays
00:50:14.200
are mike lindell late on a friday afternoon in june sell me a set of sheets or a pillow now more than ever
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right on and here i am in the in the parking lot of a bunch of box stores that used to carry my
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added to that steve it's a it's a great day for my pillow we're still celebrating the big win last week
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war room have a great friday mike we'll see you tomorrow on our beloved saturday show
00:52:27.720
michael and dale working 24 7. president trump talked about a special prosecutor put out true
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social for the 2020 election hello that's what i voted for let's roll birch gold we're gonna have
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more of ray dalio what did ray dalio say he said hey look with he described the mess and said this is
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why central banks are buying gold more than any other asset do you think you're smarter than a central
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banker probably you may be but you ought to know why they're doing it that's why i go to birchgold.com
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