Bannon's War Room - Episode 4668： How Do You Truly Fix Corruption

00:00:00.000 the acting U.S. attorney in Nevada, in Las Vegas.

00:00:05.680 So they've fought a battle over Lena Habba, who's fantastic, 0.87

00:00:10.020 but a couple of, four or five of these others got in under the wire.

00:00:13.260 So there's a lot to report on these confirmations.

00:00:15.320 Eric, thank you so much for the handoff.

00:00:17.900 Thank you, brother. See you soon. See you tomorrow.

00:00:20.520 Okay, man. See you.

00:00:21.820 And I'll read your memo you sent me tonight.

00:00:25.520 Eric Bowling on fire right now.

00:00:26.960 Okay, we are absolutely jam-packed.

00:00:30.080 And then the next hour we've got something very special

00:00:32.200 since we're talking about the Fed tomorrow.

00:00:34.680 Let's go ahead. We've got a great cold open.

00:00:36.260 We've got Mike Benz. I'm trying to get Cleo Pascal,

00:00:39.500 Philip Patrick, Waldo Walth, a lot more coming.

00:00:42.040 Let's go ahead and play the cold open.

00:00:43.740 It's all fair in love and war because we are following the rules. 1.00

00:00:48.380 We do redistricting every 10 years.

00:00:50.840 But if there's other states that are violating the rules

00:00:53.280 and are going to try and give themselves an advantage,

00:00:55.420 all I'll say is I'm going to look at it closely with Hakeem Jeffries.

00:00:59.460 That was New York Governor Kathy Hochul just last week

00:01:02.520 responding to Texas and Ohio's move to reshape their maps

00:01:05.760 through redistricting to benefit Republicans.

00:01:08.700 Governor Hochul joins California Governor Gavin Newsom

00:01:11.340 and Illinois Governor J.B. Pritzker,

00:01:13.400 who have said that they would consider redrawing House lines

00:01:16.240 in order to counter Republican tactics

00:01:18.200 and ensure that the Democrats have a shot at securing the House majority.

00:01:22.140 If the Texas GOP is indeed successful in adding those seats to the U.S. House,

00:01:28.480 how are Democrats planning to respond in fighting back on this legislative effort?

00:01:32.980 Specifically, are you contemplating boycotting the legislator to deny a quorum

00:01:37.700 as your caucus has done on other issues in the past?

00:01:42.000 Well, all options are on the table.

00:01:44.240 My colleagues and I are going to use every tool in our toolbox

00:01:46.680 to stop this power grab from going through.

00:01:49.520 I mean, the president is trying to rig the next election.

00:01:52.860 That's what's happening here.

00:01:54.260 He and his allies in D.C.

00:01:56.540 just passed the largest transfer of wealth in American history

00:02:00.700 with their big, beautiful bill,

00:02:02.880 kicking millions of Texans, millions of Americans 0.96

00:02:05.400 off their health care to fund tax breaks for billionaires.

00:02:09.860 And they know that's unpopular,

00:02:11.280 but they don't care because they have this plan,

00:02:14.120 this plan to redraw the political maps here in Texas,

00:02:17.580 to turn our districts into these crazy shapes

00:02:20.660 so that they can guarantee the outcome they want in the next election,

00:02:24.560 regardless of how we all vote.

00:02:27.420 And if this works, if they get away with this power grab,

00:02:30.420 they're never going to have to fear the voters ever again.

00:02:33.100 You say that boycotting is an option,

00:02:35.020 but you've tried that once before.

00:02:36.760 Democrats have in the state leaving the state in 2021

00:02:40.140 over a bill that you allege infringed on voter rights.

00:02:43.120 That effort, though, was ultimately unsuccessful.

00:02:45.460 So what would be successful this time

00:02:46.980 if you were to boycott the state legislature?

00:02:51.040 Well, I disagree because I was a part of that walkout in 2021.

00:02:56.100 And because we did that,

00:02:57.400 because we raised awareness across the country

00:03:00.620 of what was happening with the Republican voter suppression bill,

00:03:04.060 it pressured my Republican colleagues

00:03:06.040 to take the worst parts out of that bill,

00:03:09.100 the provision that would allow them to overturn election results,

00:03:12.100 the ban on Sunday morning voting that affects African-American churches.

00:03:17.380 And so that pressure actually worked to make the bill less harmful.

00:03:21.980 Again, the bill ultimately passed.

00:03:23.940 I wish it hadn't.

00:03:25.180 But in the minority, we can use all of these tools

00:03:28.020 to delay, to kill, or to improve harmful legislation.

00:03:33.060 And I think that's what we're committed to doing this year

00:03:35.560 with this unlawful redistricting attempt.

00:03:38.880 That's what I think.

00:03:39.320 I mean, I think this obviously is good partisan politics to do this,

00:03:42.380 but it's horrible for governance.

00:03:44.120 Because I think if you asked anybody what's the best way to do this,

00:03:47.120 it's probably an independent commission like Michigan does,

00:03:50.680 where a group of citizens actually do it,

00:03:52.700 and then it has a whole bunch of swing seats.

00:03:55.380 What this does, if New York was to do it,

00:03:58.240 which I agree with Jake, is probably unlikely,

00:04:00.060 but if California does it, Illinois does it, Ohio does it, Texas does it, 0.51

00:04:04.260 it creates a bunch of safe seats where the general election begins

00:04:07.580 to not even matter less than this.

00:04:09.900 To me, I understand why the Democrats are doing this,

00:04:13.040 because it's a little bit like sign-stealing in baseball.

00:04:16.080 If Major League Baseball sort of didn't come down on sign-stealing,

00:04:19.660 and some teams sign-stealed, and other teams said,

00:04:22.200 well, we're going to maintain the way that the game should be played,

00:04:25.220 which is better for the game,

00:04:26.300 they're going to be at an incredible disadvantage in this.

00:04:28.560 So the only solution to this, in my view,

00:04:31.860 is you have to have some national sort of policy on redistricting,

00:04:35.340 because if you don't have independent redistricting across the country,

00:04:39.300 then anybody that does it is puts themselves at a disadvantage in these elections.

00:04:44.380 Jake, Brendan just talked about how Democrats may have some momentum,

00:04:47.500 a lot to be bullish about these days.

00:04:50.700 Is that coming through, though, on the Hill?

00:04:53.440 Yes, I think that is.

00:04:55.320 I mean, Mike Johnson, the Speaker of the House,

00:04:56.820 keeps suggesting, not suggesting, he's saying outright,

00:05:00.100 that Republicans are not only going to keep their majority,

00:05:02.340 they're going to expand their majority.

00:05:03.860 That would fly in the face of historical precedent and historical norms,

00:05:10.460 that the party in power keeps their majority

00:05:13.080 after the first two years of a president's term.

00:05:15.700 I think it's exceedingly unlikely,

00:05:18.300 especially with the given tiny majority that Republicans have.

00:05:23.600 I will say this, though.

00:05:24.420 So in a scenario where these majorities are decided by one, two, three, four, five seats,

00:05:30.380 if Republicans can create five new Republican seats in the state of Texas,

00:05:35.900 that does make a big difference.

00:05:37.780 It could make a huge difference.

00:05:39.140 You pick up a seat in Missouri that makes a difference.

00:05:42.160 And in California, I will say,

00:05:43.800 I know Newsom is very bullish on his chances of keeping,

00:05:48.280 of turning a bunch of red seats blue.

00:05:50.720 I think he has a steeper hill to climb.

00:05:54.280 So Republicans really do have the inside track here,

00:05:56.600 because in Democratic states like New Jersey, like Illinois,

00:05:59.680 there's just a lot more hurdles for Democrats to clear,

00:06:03.200 to get those mid-decade redistrictings done.

00:06:06.340 You've been described as a global macro veteran,

00:06:08.680 and you run a hedge fund.

00:06:10.440 In this moment, where would you put your money if you were still running one?

00:06:14.640 United States of America.

00:06:16.120 This is the primal scream of a dying regime.

00:06:24.120 Pray for our enemies,

00:06:25.720 because we're going medieval on these people.

00:06:29.340 I got a free shot at all these networks lying about the people.

00:06:33.600 The people have had a belly full of it.

00:06:35.500 I know you don't like hearing that.

00:06:36.940 I know you've tried to do everything in the world to stop that,

00:06:38.700 but you're not going to stop it.

00:06:39.620 It's going to happen.

00:06:40.900 And where do people like that go to share the big line?

00:06:44.300 MAGA media.

00:06:45.200 I wish in my soul, I wish that any of these people had a conscience.

00:06:51.080 Ask yourself, what is my task and what is my purpose?

00:06:54.840 If that answer is to save my country, this country will be saved.

00:07:01.220 War Room.

00:07:02.040 Here's your host, Stephen K. Vann.

00:07:04.360 Tuesday, 29 July, Euroville, 2025.

00:07:08.480 Scott Besson right there giving a press conference or a press avail at the end of the Stockholm-Sweden trip.

00:07:15.880 On the way back now, Philip Patrick at the bottom.

00:07:19.200 We're going to talk about that.

00:07:19.920 And also the Fed tomorrow.

00:07:22.160 A lot to go through.

00:07:23.060 As we told you ahead of time, this redistricting in Texas is going to be a huge deal.

00:07:29.660 Right there, Jake Sherman, pretty smart guy, said, hey, if you want to hold the house,

00:07:34.200 a huge deal is the five seats in Texas because Illinois, California, and New York have major constitutional hurdles to overcome.

00:07:42.780 So a lot going on there.

00:07:44.440 We're going to get all into also clear.

00:07:46.000 Pascal, on this governor in the island nations, in the island territories, who mysteriously died, an anti-CCP guy.

00:07:56.380 I mean, hardcore, very mysteriously died.

00:08:01.340 Pascal's coming on today to tell us that she's actually heading towards there to give us more information.

00:08:08.720 Let's go to Mike Benz.

00:08:10.380 Mike, I'm confused.

00:08:13.100 All this fighting to take USAID, Voice of America, NED, to take National Endowment for the Democracies,

00:08:22.060 take all these nefarious kind of government NGOs funded by us to zero these huge fights.

00:08:29.880 And now I look at the budget, the fiscal year 26, President Trump recommended zero 315s back in.

00:08:38.240 You've been on top of this.

00:08:39.200 What is NED?

00:08:40.220 Why won't it go away?

00:08:41.420 Why is it like a bad rash, sir?

00:08:44.480 Well, the National Endowment for Democracy is the premier CIA cutout in the entire armada of CIA-affiliated NGOs.

00:08:52.400 It was set up during a very dicey period in CIA history in the early 1980s when the church committee hearings had unveiled all the scandals of the early Central Intelligence Agency.

00:09:06.700 And Jimmy Carter had just devastated the CIA with giant layoffs and budget cuts and handcuffs and written approval.

00:09:15.400 And so the Ronald Reagan foreign policy establishment created the National Endowment for Democracy as a way to try to get the CIA's old powers back by parking it at a private NGO fully funded by the U.S. government,

00:09:29.480 accountable to the U.S. government, staffed on the board by folks from the U.S. government.

00:09:35.360 But that would technically be non-governmental so that it would allow them the leeway to do things effectively off the books, out of sight, and with plausible deniability.

00:09:44.840 It was the brainchild of CIA director William Casey.

00:09:49.740 It was midwifed by his top deputy, Raymond Green.

00:09:53.060 The founders of the National Endowment for Democracy, Carl Gershman, told the New York Times in 1986 that they were created to fund the organizations,

00:10:01.760 that it was too scandalous for the CIA to be seen as directly doing.

00:10:06.060 And they played a very large role in the 1980s in the U.S. winning the Cold War.

00:10:11.520 The Washington Post, I believe, went so far as to say during Bob Gates' CIA confirmation hearings in the early 1990s for CIA director

00:10:22.800 that we didn't even need a CIA anymore because we have this National Endowment for Democracy cute trick.

00:10:28.680 And it did play a significant role in organizing revolutionary movements behind the Iron Curtain,

00:10:35.020 in running money, logistical support, media support.

00:10:39.320 And then when communism, you know, when the Cold War ended, the National Endowment for Democracy then took on an expanded global role

00:10:48.620 in essentially assisting CIA or U.S. aid or State Department actions all around the world.

00:10:56.380 The real problem here is when Trump won in 2016, this same foreign policy establishment

00:11:02.480 that was set up in large part to wage the Cold War found a new global menace, which was the global

00:11:11.780 rise of populist parties from Trump in the U.S. to Nigel Farage and the Brexit and Reform Party movements

00:11:19.380 in the U.K. to Marine Le Pen in France and Matteo Salvini in Italy and Bolsonaro in Brazil.

00:11:24.640 And so they faced this kind of unofficial, undeclared Second Cold War in the form of populism.

00:11:31.000 And the National Endowment for Democracy descended like a pack of vultures to try to essentially harvest,

00:11:41.060 you know, kill and then eat the corpse of every little populist movement it could.

00:11:47.020 And so the issue right now with its funding is that you have House Republicans who still feel beholden

00:11:55.140 to the traditional Republican foreign policy base from the Cold War era.

00:12:01.960 A lot of right wing, a lot of corporations, chamber of commerce companies,

00:12:06.340 they depend on the battering ram of the Pentagon, of USAID funding,

00:12:10.940 of CIA and clandestine NGO services in order to create their markets,

00:12:17.020 in order to secure favorable legislation or regulations in countries,

00:12:22.600 in order to lock in government contracts, in order to harvest natural resources.

00:12:28.720 And so you have this kind of John McCain wing.

00:12:31.660 John McCain actually ran the Republican side of the National Endowment for Democracy for 25 years.

00:12:35.860 But you have this John McCain wing of the Republican Party who I think is not going to let go of this weapon

00:12:43.600 while it serves so many of their own interests.

00:12:47.320 But Mike, down that path, this kind of had to come from Rubio with,

00:12:53.380 I think it was one of his closest relationships in Congress down in Florida that slipped this in there

00:13:00.640 because this is still the Caribbean, the anti-Cuba, the anti-Castro mentality on the surface,

00:13:06.800 but it's still got the rot of trying to stop populist nationalism through the world.

00:13:11.900 I mean, when President Trump wants it out, the MAGA movement wants it out, it gets zeroed.

00:13:16.720 How do you slip $315 million back in there, sir?

00:13:21.080 Well, I think this is coming from the fact that Congress has a natural conflict with the executive branch.

00:13:29.020 We saw this play out in the budget fights.

00:13:31.320 We saw this play out over a whole host of issues.

00:13:35.720 But there is a potential salvation path for the National Endowment for Democracy

00:13:40.320 if it commits to certain massive reforms.

00:13:45.120 Darren Beattie, for example, just took over the U.S. Institute of Peace,

00:13:48.800 which is adjacent to the National Endowment for Democracy.

00:13:51.540 It's basically the National Endowment for Democracy for conflict zones like Syria and the like.

00:13:56.320 But the fact is, is Damon Wilson is still the head of the National Endowment for Democracy.

00:14:03.020 That makes no sense at all to give that senior leadership this kind of money.

00:14:08.180 Damon Wilson was the architect of the censorship operations out of the Atlantic Council,

00:14:13.780 which itself has seven CIA directors on its board and annual funding for the Pentagon State Department.

00:14:18.380 He was the head of the DFR lab, which is the censorship lab at the Atlantic Council,

00:14:23.400 and then he was handpicked to run the National Endowment for Democracy.

00:14:26.120 The Atlanta Council's DFR lab called Trump the death star of disinformation for the 2020 election

00:14:32.220 and then partnered with the Department of Homeland Security to mass censor thousands and thousands of narratives, posts.

00:14:40.760 They targeted 22 million tweets as misinformation.

00:14:44.000 They got to use DHS's proprietary cyber mission control to run this whole thing.

00:14:48.700 They ran an entire full-scale campaign to destroy Donald Trump.

00:14:53.320 You can't give them $315 million.

00:14:55.780 Hang on one second.

00:14:57.500 Back in a moment.

00:14:59.900 This July, there is a global summit of BRICS nations in Rio de Janeiro.

00:15:04.820 The block of emerging superpowers, including China, Russia, India, and Persia,

00:15:10.460 are meeting with the goal of displacing the United States dollar as the global currency.

00:15:15.160 They're calling this the Rio Reset.

00:15:18.840 As BRICS nations push forward with their plans, global demand for U.S. dollars will decrease, 0.57

00:15:23.780 bringing down the value of the dollar in your savings.

00:15:26.960 While this transition won't not happen overnight, but trust me, it's going to start in Rio.

00:15:33.440 The Rio Reset in July marks a pivotal moment when BRICS objectives move decisively

00:15:38.860 from a theoretical possibility towards an inevitable reality.

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00:16:57.020 Okay, welcome back.

00:16:59.740 Mike Benz is with us.

00:17:01.040 Mike, NED.

00:17:02.760 I actually talked to Carrie Lake, VOA. 0.98

00:17:04.800 There's a couple of these they're trying to.

00:17:06.640 They refuse to let him die.

00:17:08.840 One of the reasons they refuse to let him die, you mentioned Bill Casey, and he was one of the heroes of President Reagan.

00:17:13.740 He was an original OSS guy.

00:17:16.200 That's why, you know, Reagan picked him.

00:17:18.840 The deep state and the apparatus refuses to die.

00:17:22.080 And now we have this major, you know, controversy around the intelligence and what Tulsi Gabbard's putting out, what the CIA director Ratcliffe's putting out.

00:17:31.660 But I can tell you, people are getting antsy.

00:17:33.980 I understand things can be done the next day.

00:17:35.900 However, folks, you know, the president called Obama part of a treasonous conspiracy to basically remove him from office when he first won or to shut down President Trump's first term.

00:17:52.040 And we know there's a lot more than that, given that, you know, this apparatus better than anyone's in D.C., are we really getting anywhere?

00:18:01.440 I know there's a task force over DOJ.

00:18:03.380 I know FBI is on it.

00:18:04.720 But people are saying, hey, there's been enough receipts starting to be coughed up.

00:18:08.860 You know, where's the beef?

00:18:10.820 Where's the handcuffs?

00:18:12.080 Where's the perp walks?

00:18:13.160 Where's the indictments, sir?

00:18:14.460 Well, I'd say this is the fastest movement, fastest moving administration probably in American history.

00:18:22.620 The amount of things that have been done in terms of institutional reforms in such a short span of time.

00:18:28.400 I mean, we're talking six months here.

00:18:31.080 Just last week, the State Department had the largest mass firing event in State Department history.

00:18:37.880 We've had a State Department since 1789 and never before have 4,000 State Department employees all been mass fired at once.

00:18:47.560 In USAID, 14,000 USAID blobsters were all fired at once. 0.83

00:18:55.120 There are considerable reforms happening at a very fast pace.

00:18:59.180 As I mentioned earlier, Darren Beattie is now the head of the U.S. Institute of Peace, which itself is another one of these dark, covert, CIA-adjacent, fully funded by the U.S. government, accountable to the Senate Foreign Relations, House Affairs committees that now have new stewardship and a new board and have been pretty brutally set back by these institutional reforms.

00:19:27.420 The main thing that I would just say to folks is that these corrupt institutions are still our institutions.

00:19:37.380 And there is a difficulty in – I know everyone sees the abuses and wants a kind of blood sport or some public – something greater than a walk of shame.

00:19:51.860 And I think in the case of Russiagate, that is, we saw John Ratcliffe come out, I believe it was last night, and suggest that the Justice Department is looking at folks like John Brennan.

00:20:03.080 There has been the criminal referral from ODNI, so I think that Tulsi is doing all that she can on that.

00:20:08.360 Whether or not that ultimately ends up as a criminal indictment or in systemic reforms – we saw these mass firings at the Justice Department under Harmeet Dillon and the like – remains to be seen.

00:20:19.520 But these institutions are still a big part of how the American motor and economy works.

00:20:30.860 These places like Harvard, corrupt as they are, they get $9 billion in federal grants.

00:20:36.900 But if you don't have world-class institutions, then you end up losing to other countries who do.

00:20:43.960 That doesn't mean you keep the same institutions.

00:20:46.040 But the things that preserve them – what I'm trying to get at here is something like the National Endowment for Democracy is – it is corrupt.

00:20:55.600 The question is, how do you fix that corruption?

00:20:58.180 Do you do it by institutional reforms and a kind of corporate regime change, or do you get rid of the thing entirely?

00:21:07.280 And when you get rid of the thing entirely, you're now getting rid of contacts in basically three-quarters of the world's countries.

00:21:13.540 The National Endowment for Democracy has deep relationships with trade labor groups, media groups, universities, regulators, banking institutions, you name it, every facet of civil society.

00:21:30.100 And do you simply get rid of that entire Rolodex, or do you condition the funds on a change in leadership and a restructuring of the grant agreements and the accountability mechanism?

00:21:44.460 And I think that that is what is trying to be attempted with many of these institutions.

00:21:50.040 And we'll see ultimately as the years go by how much of that sticks.

00:21:55.700 But it is making a difference at the universities.

00:21:58.660 We do see universities now playing ball for the first time they've ever had to because of the dramatic action the Trump administration has taken.

00:22:07.500 And the big cliffhanger on all this is what will Pam Bondi do, just like with the Epstein story, just like with the Russiagate story.

00:22:15.900 The Justice Department is the great unknown.

00:22:18.940 It is the keeper of secrets.

00:22:22.020 And to that, I can only guess like the rest of everyone else.

00:22:25.640 The Washington Times today, the 29th of July 2, declassified files expose Obama-era plot to frame Trump with Russian lies.

00:22:37.240 I mean, pretty bold.

00:22:38.540 As the Washington Times has got great reporting, pretty tough.

00:22:41.860 What is your best guess, since you know this and know the process, of when do you think we start really moving out on that?

00:22:49.580 Is it a couple of weeks?

00:22:51.340 Is it before Labor Day?

00:22:52.500 Is it the fall?

00:22:53.500 Is it the end of the year?

00:22:54.660 Is this in the next year?

00:22:56.300 As you're sitting here today, what do you think your best assessment is?

00:23:01.460 Well, if it's going to happen, it will have to happen somewhat quickly.

00:23:05.460 The statute of limitations is a kind of ticking time bomb here in several respects.

00:23:11.260 Charges like perjury or obstruction of justice are typically a five-year statute of limitations.

00:23:16.020 I understand that the way this has been pitched for criminal referral by Tulsi Gabbard to the Justice Department has been around conspiracy,

00:23:24.460 in which case I think you're looking at something more like a 10-year statute of limitations.

00:23:28.680 But even in that case, in 10 years, you're talking about operations that basically were 2016 to 2019, for the most part.

00:23:39.760 So you're going to need to move quickly, even within that 10-year statute of limitations, in terms of starting that process.

00:23:46.820 But naturally, these things are going to be very, very close hold by the Justice Department,

00:23:51.420 for any number of reasons, ranging from the legal to the strategic.

00:23:57.260 But the fact is, I do think that we'd be well, as a body electorate,

00:24:04.720 to focus in on the specific actionable claims that could be made by the Justice Department,

00:24:10.720 in particular around folks like John Brennan, who appeared to have foreknowledge in, according to his August 3rd handwritten notes,

00:24:19.220 August 3rd, 2016, when he said that Hillary Clinton had approved a plan to frame Donald Trump for being a Russian asset,

00:24:32.560 that essentially, I think it was to stir up a scandal, that alleging Russian interference to favor the Trump campaign,

00:24:41.740 that was known ahead of time by John Brennan, the CIA director, which is also quite curious.

00:24:47.740 That plan was approved by Hillary Clinton just five days earlier.

00:24:51.280 She was then the former Secretary of State, the CIA chief.

00:24:56.460 Was he spying on Hillary Clinton's campaign to know that, or did a little birdie tell him?

00:25:01.040 How did he know that to even brief the president?

00:25:03.100 And then he goes back and runs the intelligence assessment that effectively starts this whole ball rolling

00:25:10.040 while he's running the spies in Trump's campaign.

00:25:13.460 So I do think that there could be issues around the political sensitivities, I suppose, around certain figures in that cabal.

00:25:25.140 But the John Brennan one just seems so clean.

00:25:27.420 And this was the same person who publicly accused Trump of treason and said that Trump would die in prison.

00:25:35.120 So, you know, life is long and things catch back up to you.

00:25:39.380 And I think John Brennan is hard to think of a more deserving candidate for experiencing the things he wished on others.

00:25:48.920 Benz, your social media is second to none about getting information out and making analysis.

00:25:56.080 Can you give us your social media so people can keep up to speed?

00:26:00.420 It's at MikeBenzCyberOnX.

00:26:02.280 I'm also on Rumble on YouTube.

00:26:05.340 Eli Crane has looked at what Brother Benz has put out, and he's putting forth legislation.

00:26:10.360 Eli will be with us in the next couple of days in the war room to explain all that and how Benz has inspired him.

00:26:15.800 So, Mike Benz, thank you very much for joining us in the war room.

00:26:19.700 Thanks, Steve.

00:26:22.040 Cleo Pascal is with us.

00:26:23.580 Cleo, we've got a couple of minutes on this side.

00:26:25.960 I want to just hit rewind.

00:26:27.460 You're here talking about a really unknown American hero.

00:26:34.560 What has happened?

00:26:35.300 A governor in one of the territories out in the Pacific has died under very mysterious circumstances

00:26:42.640 after taking a heroic stance against the Chinese Communist Party.

00:26:46.680 We've got about a minute here, and I'm going to bring you back after the break.

00:26:49.320 Can you give us up to speed on what's happening?

00:26:52.120 Yes, his body has been brought back from Guam to CNMI.

00:26:56.380 As I understand it, there was no autopsy and no official cause of death has been released,

00:27:00.600 possibly out of sensitivities to the family.

00:27:02.540 So, those questions have remained unanswered.

00:27:06.360 But what we know is that he wanted an investigation, intensive investigation into public corruption

00:27:13.240 into the Commonwealth of Northern Mariana Islands.

00:27:15.780 And so, that's really what the focus should be on now.

00:27:19.320 And the war room audience has been incredibly helpful about amplifying this and thank them very much.

00:27:25.100 Why was he worried?

00:27:27.580 As someone said, why was he worried?

00:27:29.080 We've got about 30 seconds.

00:27:30.180 Why was he worried about corruption that he felt an intense investigation had to go on, ma'am?

00:27:36.080 It was completely undermining the political integrity and society within the Commonwealth of Northern Mariana Islands.

00:27:42.700 This has gone back decades, including back to the garment trade, birth tourism, the Abramov scandal,

00:27:50.320 and this massive Chinese casino that was running billions of dollars potentially in a money laundering operation through the CNMI.

00:27:58.200 He knew that his people wouldn't have a chance and U.S. security was being desperately undermined

00:28:04.080 by the way that this uncontrolled corruption was affecting his society.

00:28:09.440 Cleo, hang on for one second.

00:28:10.840 I'm going to hold you through the break.

00:28:11.920 Also, Philip Patrick is going to join us about what went on in Stockholm, Sweden,

00:28:17.640 with the Secretary of Treasury, Scott Besson, next in the war room.

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00:29:49.300 Cleo, the blood and sacrifice of the fight in the Central Pacific in these islands had a purpose.

00:29:57.440 Now, sometimes the tactics that we need to do the head-on amphibious landings, some people question that today, but it had an overall strategic purpose.

00:30:07.400 The blood and sacrifice of that generation on those islands, every bit as brutal as Normandy, right?

00:30:13.680 And island after island after island had a mission and an objective, and we're now in a position of kind of just giving it up.

00:30:21.600 But more importantly, it's a gateway to the United States, and people have kind of lost sight of that.

00:30:27.220 The Chinese Communist Party is an existential threat to the Chinese people, to the American people, to our country.

00:30:36.900 And as we've shown day after day after day, it's infiltrations everywhere.

00:30:41.760 But here there's something not right.

00:30:43.080 It's an open pathway that Chinese nationalists can just come into the country.

00:30:47.600 And as you said, certain institutions out there are rife with corruption.

00:30:51.900 That's where this courageous governor took a stand and mysteriously, unexpectedly died, ma'am.

00:30:58.660 Yes, and he is the governor of the Commonwealth of Northern Mariana Islands, which is where Saipan and Tinian are.

00:31:07.640 And almost exactly 80 years ago, the Enola Gay took off from Tinian and began the process that ended World War II in the Pacific. 0.66

00:31:15.900 This is a highly strategic location that Saipan, Tinian, and the rest of the Commonwealth of Northern Mariana's belonged to Japan from 1914 until so many Marines and other U.S. service members died in 1944, liberating it.

00:31:31.800 And then after the war, it came under U.S. administration, under the Navy, and then it was given the choice of what it wanted for its future.

00:31:39.620 The people did, and they voted to join the United States.

00:31:42.080 So since 1970, it joined the United States as a territory, and it's one of the newest parts of the United States.

00:31:49.360 And since then, because of how important it is strategically, it's been a real target for the Chinese. 0.99

00:31:56.420 They've studied very closely World War II in the Pacific.

00:31:59.300 Toshio Ishihara has written extremely well about how they studied both the Japanese side and the American side for emplacement.

00:32:05.060 But they're emplacing through political warfare to put themselves in a position to perhaps not checkmate the U.S. before it can move kinetically, and if the U.S. does move kinetically, to have a very bad surprise when it does move.

00:32:19.320 I'd also just like to point out that this is part of the United States of America, and the Chinese engagement is moving through there into the U.S. Congress.

00:32:29.660 So the representative from the Commonwealth of Northern Mariana Islands, who sits in Congress as a delegate, consistently pushes for things like a lifting of caps on direct flights from mainland China into the Commonwealth of Northern Mariana Islands.

00:32:44.880 She consistently pushes for programs that currently the Chinese do not need a visa to go into the Commonwealth of Northern Mariana Islands, and she'd like to see that continue. 0.69

00:32:53.480 But not only is she pushing it, she's very, very persuasive, and she uses numbers, Chinese tourism numbers, from pre-pandemic eras to convince others in Congress to back her position.

00:33:07.100 So you have even people like Representative Nails from Texas 22nd, who is very strong on the border.

00:33:14.140 She somehow managed to convince him to write a letter supporting what's called EVS TAP, which is enhanced looking at Chinese coming in, but it's enhanced from zero. 0.93

00:33:25.980 There's no reason that Chinese shouldn't require a visa to come into the Commonwealth of Northern Mariana Islands like they do to everywhere else in the U.S., but she's so persuasive. 0.86

00:33:34.100 She's saying that, you know, if this doesn't happen, the CNMI economy will collapse, even though currently there are about eight to ten times more Korean tourists than there are Chinese tourists, and she already has everything she wants.

00:33:47.420 Chinese can already arrive in CNMI without a visa, and they haven't even reached the limit of flights that they can get from China into mainland.

00:33:55.200 So this is infecting U.S. Congress, and it's infecting the administration.

00:33:59.380 Her former legislative director, Angel Demapan, who is also chief of staff of the former governor, was involved in facilitating the setting up of the Chinese casino that was running billions of dollars, potentially laundering, the investigation needs to happen, into the U.S. economy from China.

00:34:17.480 He is now the DAS, the Deputy Assistant Secretary for Insular and International Affairs at the Department of Interior.

00:34:26.440 I have no idea how he passed the vetting.

00:34:28.740 He was very supportive of the Chinese casino, and he worked for this member of Congress who is pushing for easier Chinese access into the United States via CNMI.

00:34:38.540 This is how they infiltrate.

00:34:40.480 Do we know any details of the funeral?

00:34:42.120 The funeral will be on August 2nd, and I know that there are people coming from across the U.S., including members of Congress like Representative Radwagon from American Samoa and others, but we don't know the full guest list yet.

00:34:59.100 We will figure it out, and hopefully maybe you'll be able to stream it.

00:35:02.420 Cleo, what is your social media so people can keep up to date on this very important story?

00:35:07.800 Thank you.

00:35:09.840 I'm on X, just my name, Cleo Pascal, C-L-E-O-P-A-S-K-A-L.

00:35:15.460 And also just another thing about Governor Palacios, who passed away.

00:35:20.080 He was elected as independent, but he joined the Republican Party because of President Trump.

00:35:26.380 And MAGA and the posse has been very supportive of him and what's been going on now, and I know he'd be grateful.

00:35:35.320 Thank you.

00:35:35.600 No, he's MAGA, in honor of the sacrifice of the greatest generation, what they fought for.

00:35:42.360 They knew how important this was.

00:35:44.540 Thank you, Cleo.

00:35:45.380 We'll stay on top of this.

00:35:46.300 It's got to be an investigation.

00:35:47.240 It ought to be an autopsy, to be brutally frank.

00:35:50.040 Yes, sir.

00:35:50.400 In a major investigation, including the casino.

00:35:52.580 We've got a cold open from Sweden. 0.98

00:35:54.780 Let's go ahead and play it.

00:35:56.040 The discussion centered on the two economies.

00:35:58.940 We had a very in-depth report on them, on the Chinese economy.

00:36:05.200 We gave a very detailed report on the U.S. economy.

00:36:09.600 We talked about the trade deals that we were doing with other countries.

00:36:13.260 We expressed our concern about Chinese overcapacity globally and what that might mean for this year, for the next few years.

00:36:24.100 We expressed our concern for their purchases of Iranian oil, sanctioned Iranian oil, of which they buy about 90 percent.

00:36:34.320 We also expressed our regret that we believed that they had sold Russia about 15 billion of dual-use technologies.

00:36:44.100 But the overall tone of the meetings was very constructive.

00:36:48.560 We don't want to decouple.

00:36:50.260 We just need to de-risk with certain strategic industries, whether it's the rare earth, semiconductors, medicines.

00:37:00.820 And we talked about what we could do together to get into balance within the relationship.

00:37:09.760 So 60 percent of the world's GDP we now have either in heads of terms, terms agreed, or getting under contract with Liberation Day tariffs and are bringing jobs back and bringing a lot of cash back.

00:37:24.200 India's still out. 0.88

00:37:25.000 China's still out.

00:37:25.600 And, of course, Scott Besson, our theory of the case, and Scott knows this well, it's decouple and decouple hard.

00:37:32.140 President Trump and Scott understand they're running a global economy and they're trying to work it out, figure it out with the Chinese Communist Party.

00:37:40.280 Philip Patrick joins me now.

00:37:42.900 Philip, I want to tie this to the CCP leading the effort.

00:37:47.440 And let's be blunt, they're leading the effort to de-dollarize, right?

00:37:52.980 Every aspect behind BRICS, the central bank buying gold, they are not an ally of us.

00:38:00.380 I understand we are trying to work at a trade deal, right?

00:38:03.320 We're pretty adamantly opposed to the chips deal.

00:38:07.660 But Scott and the president are trying to balance an economy that's growing, and right now they're kind of hitting on all cylinders.

00:38:13.860 What are your thoughts about all this, particularly in the de-dollarization front, which the CCP is still leading, sir?

00:38:22.820 Yeah, look, I mean, Besson's doing the job that he has to do.

00:38:26.160 Like you said, they're trying to make the global economy start working, start running a little bit better, and China are an important part of that.

00:38:33.660 So Besson said he was not looking to decouple, but rather to de-risk.

00:38:38.820 He chose his words carefully.

00:38:41.180 Look, Besson's come out.

00:38:43.080 He's tried to reassure American businesses ahead of the August 1st tariff deadline.

00:38:49.100 He downplayed the impact of any snapback tariffs and suggested that any impact could be short-lived.

00:38:55.740 They talked about adding an extra 90 days to the current tariff suspension.

00:39:00.060 That's one option on the table.

00:39:01.660 But I think the real message here is that there is no deal yet with China.

00:39:06.100 We've got to remember one-third of our entire trade deficit comes from Chinese goods.

00:39:11.380 While all these trade deals matter, this is the one that matters most, and I think they're treating it accordingly.

00:39:17.220 China's signaling consensus over a third round of negotiations, but it's not a done deal until President Trump signs off.

00:39:24.920 And quite frankly, there's still some serious concerns outstanding, right?

00:39:28.580 China wanted the Fettinel tariff lifted.

00:39:30.440 We refused and rightly so. 1.00

00:39:32.860 I think it sets the tone, right?

00:39:35.000 No shortcuts when it comes to enforcement.

00:39:38.260 There also, as Besson mentioned in the open, buying oil from sanctioned countries, whether it's Russia or Iran.

00:39:44.260 Trump warns, sorry, there could be secondary tariffs of up to 100%.

00:39:48.400 So they haven't sealed the deal yet, but they've left the playing field intact.

00:39:53.820 And I think Besson's taking the right approach when it comes to America first.

00:39:58.940 Talking about wanting to de-risk I think is very important, particularly when it comes to rare earths, semiconductors and medicines, right?

00:40:07.180 It is a national security risk to be reliant on foreign nations to do this.

00:40:13.220 So I think Besson's walking the line that he has to do for now.

00:40:17.780 Longer term, though, China are a big problem. 0.98

00:40:20.440 We talk about de-dollarization.

00:40:22.160 They are quietly leading the charge behind the scenes.

00:40:25.760 I know Brazil are getting more vocal, but it's China that are really pushing this.

00:40:30.520 And as long as they continue to do that, it's going to be a problem for us here.

00:40:34.140 But, again, I think so far Besson's done a good job in negotiating trade deals, but this is the one to watch.

00:40:44.140 By the way, he had a buried lead there.

00:40:46.860 90%.

00:40:47.260 He said 90%.

00:40:48.280 They told him 90% of the output of the Persians in oil is purchased by the Chinese.

00:40:54.240 This is why I always argued, if you want to overthrow, if you want regime change in Persia, just step in the middle of that transaction.

00:41:02.200 Why then, why, given that they're trying to make a trade deal that the Americans have clearly said at the leadership level, we don't want to decouple, we want to de-risk, we want to try to figure this out.

00:41:13.320 Why is the Chinese Communist Party's central bank?

00:41:16.620 Why do they continue to buy gold at record rates?

00:41:19.320 Listen, China have a long-term plan, and that is to de-dollarize, right? 0.97

00:41:26.500 But just like we can't, you know, knock China off overnight, they can't replace us overnight. 1.00

00:41:32.700 Even China, our biggest geopolitical rival, who have slowly been de-dollarizing for a decade, they have deep exposure to the U.S. system.

00:41:42.180 $750 billion of U.S. government debt, $1.5 trillion in mortgages, cash deposits and everything else.

00:41:48.720 So this is, the global economy is very interlinked.

00:41:52.940 And, you know, I think we're playing it cautiously on both sides of the fence.

00:41:58.000 But, like I said, China won't come out and overtly say their plan is to de-dollarize, but look at what's happening behind the scenes.

00:42:06.740 And, like I said, that's why I think putting the squeeze on the CCP, whether it's through trade deals with our partners, the U.K. or European partners, that needs to be the goal long-term.

00:42:18.180 We have to try and reduce China's influence globally. 0.99

00:42:21.920 Otherwise, we're going to end up in trouble.

00:42:23.760 Philip, can you hang on for a second?

00:42:27.340 I want to just bring you back for a moment because the Fed's going to meet and we're going to know tomorrow.

00:42:34.980 I think they met today because Fishbeck's lawsuit didn't go forward.

00:42:40.240 They shut down the TRO.

00:42:42.220 His lawsuit's still going forward.

00:42:43.480 They shut down the TRO.

00:42:44.720 So we'll find out tomorrow before the Fed breaks to go to Jackson Hole for their annual retreat exactly what they're going to do on interest rates.

00:42:53.860 Birchgold.com slash Bannon.

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00:43:05.740 Okay, we'll put both those out.

00:43:07.020 We also have a lot of announcements to make after Labor Day of things we're doing with the team at Birchgold.

00:43:12.880 But what you want to do now more than ever is build a relationship with Philip Patrick and his team.

00:43:17.500 One way to do that, simple, easy way and free.

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00:43:37.500 Short commercial break.

00:43:39.180 Philip Patrick on the Fed shortly.

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00:44:55.660 Here's your host, Stephen K. Bannon.

00:44:58.240 Fishback could not get the meeting to be public today, but as the lawsuit goes on, it went on today.

00:45:07.960 Do you think they do a 25 basis cut, 25 basis point cut tomorrow, or they wait till September?

00:45:13.340 They don't do it, Philip.

00:45:15.100 Yeah, I think they wait till September.

00:45:16.980 The betting market says 0% chance of a rate cut tomorrow.

00:45:21.320 Looking at Powell's interaction with Trump, you can tell he does not want to do it.

00:45:25.320 But they're pricing in now, I think, a 25 basis point cut in September, about a 50-50 shot.

00:45:33.400 I think the Fed will have to do it by then.

00:45:36.460 Employment is, we'll see, historically low.

00:45:39.780 But inflation is under control.

00:45:41.120 It's at 2.9%.

00:45:42.900 It's below their average since inception of 4%.

00:45:47.060 So I think they'll have to lower towards the end of the year, but we'll have to wait and see.

00:45:51.640 Fishback's saying on his models, he thinks there are 100 basis points or more off they've missed.

00:45:56.660 And Trump says he wants a 300 basis point cut.

00:45:59.820 Do you see anything like that in the future?

00:46:01.500 I mean, 300 basis point cuts, I understand why President Trump wants it.

00:46:07.240 He wants to deal with debt service.

00:46:08.840 He wants to put rocket fuel on the economy.

00:46:11.880 A 100 basis point cut is probably more in line with where we should be.

00:46:16.900 I think the Taylor rule said 4.2, so a little lower than where we are.

00:46:20.800 But 100 basis point cut sounds right to me.

00:46:24.480 Philip Patrick, people need to make contact with you guys to start working with you.

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00:47:00.640 Are the central banks of the BRICS nation still buying gold at record rates, sir?

00:47:06.700 First six months of this year was a six month record for any period in history up until now.

00:47:13.760 So absolutely, yes, they are not slowing.

00:47:17.620 Philip Patrick, thank you very much.

00:47:20.220 Go find out today, folks.

00:47:22.220 Your quest should be the answer to the question, why are these central bankers doing that?

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00:47:40.400 You were on fire in the morning, Cheryl.

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00:50:00.700 That piece of paper that's your title, that's what actually says that you have ownership of your castle, right?

00:50:08.820 Of what is, I don't know, 80 or 90 percent of your net worth, that would be your home.

00:50:13.640 In today's environment, just the reality between cyber and AI and rogue lawyers and accountants or maybe family members that have gone off the reservation,

00:50:23.420 somebody can get with this because the rudimentary system we have of titles in this country, somebody can get to it.

00:50:30.120 Natalie Dominguez comes on here every couple of weeks and gives you another horror story with us. 1.00

00:50:33.340 There's a way to stop that, the $1 million triple lock protection from home title lock, number one, 24-7 coverage.

00:50:40.840 Number two, if anything happens messing with your title, you get alerted immediately.

00:50:45.180 Number three, they have a $1 million restoration project.

00:50:49.300 If all else fails to put a million dollars and get your title back, the whole world in your life is about opportunity costs.

00:50:56.440 Make sure that you're not spending time dealing with a hard money lender, somebody got into your title and monetized it somehow,

00:51:03.620 either sold it or rented it or took a second mortgage out on it.

00:51:07.460 You don't need that.

00:51:08.320 You know you don't need it.

00:51:09.400 Hometitlelock.com slash Steve.

00:51:11.660 It's simple.

00:51:12.780 Talk to Natalie Dominguez and the team today.

00:51:15.260 Make sure you get all the information.

00:51:18.220 A lot more.

00:51:19.160 We're going to get down and dirty tomorrow morning on this situation in Texas.

00:51:24.160 I think because the show's done such a great job of putting it out there, Hakeem Jeffries is flying down to Texas tomorrow.

00:51:30.920 People are finally waking up this.

00:51:32.360 This is big, as Punchbowl said at the beginning of the, Jake Sherman said at the beginning of the show, it's very, very big.

00:51:39.880 Next hour, because of the Fed's meeting and tomorrow and the economy and these tariff deals, we're going to do something very special.

00:51:47.160 Judy Shelton's interview that I did on Saturday, people have been raving about it.

00:51:51.060 People wanted to see it again.

00:51:52.400 A lot of people didn't get a chance to see it.

00:51:55.120 So what I've done in the next hour, I've broken it down and I give context to what we're saying.

00:52:01.300 In particular, I spent some time on that tremendous lead-in we had from the movie, from the miniseries, John Adams with Thomas Jefferson and Hamilton going at it.

00:52:13.980 So you'll get that all in the next hour.

00:52:15.780 Stick around.

00:52:16.260 It's something we had a lot of fun putting together.

00:52:20.340 Next hour, the war room's up in a moment.

00:52:22.820 We're going to take you out with The Right Stuff, a classic book, a masterpiece of a movie, and a score that is so brilliant.

00:52:30.980 Sends chills down every time you listen to it.

00:52:34.180 From The Right Stuff, we're going to be back in the war room in just a moment.

00:52:37.960 You missed the IRS tax deadline.

00:52:57.960 You think it's just going to go away?

00:52:59.400 Well, think again.

00:53:01.200 The IRS doesn't mess around and they're applying pressure like we haven't seen in years.

00:53:05.720 So if you haven't filed in a while, even if you can't pay, don't wait.

00:53:11.120 And don't face the IRS alone.

00:53:14.460 You need the trusted experts by your side, Tax Network USA.

00:53:18.580 Tax Network USA isn't like other tax relief companies.

00:53:22.200 They have an edge, a preferred direct line to the IRS.

00:53:25.660 They know which agents to talk to and which ones to avoid.

00:53:29.160 They use smart, aggressive strategies to settle your tax problems quickly and in your favor.

00:53:34.340 Whether you owe $10,000 or $10 million, Tax Network USA has helped resolve over $1 billion in tax debt.

00:53:45.000 And they can help you, too.

00:53:45.940 Don't wait on this.

00:53:47.220 It's only going to get worse.

00:53:48.400 Call Tax Network USA right now.

00:53:50.740 It's free.

00:53:51.700 Talk with one of their strategists and put your IRS troubles behind you.

00:53:55.380 Put it behind you today.

00:53:56.620 Call Tax Network USA at 1-800-958-1000.

00:54:02.460 That's 800-958-1000.

00:54:05.440 Or visit Tax Network USA, TNUSA.com slash Bannon.

00:54:10.180 Do it today.

00:54:11.160 Do not let this thing get ahead of you.

00:54:14.260 Do it today.

00:54:14.720 Do it today.

00:54:14.760 Do it today.

00:54:15.380 Do it today.

00:54:16.260 Do it today.

00:54:16.840 Do it today.

00:54:17.200 Go to the register.

00:54:17.540 Do it tonight.

00:54:18.180 No.

00:54:18.600 Do it today.

00:54:19.200 Do it today.

00:54:19.580 lag sensit revertide?

00:54:19.920 Do it today.

00:54:20.180 Let it Asia. 0.99

00:54:20.740 Do it today.

00:54:21.320 Do it today.

00:54:21.640 Do it today.

00:54:22.140 Do it today.

00:54:22.260 Let it Asia. 0.99

00:54:22.400 Do it today.

00:54:23.120 Do it tomorrow.

00:54:24.560 Do it today.

00:54:25.680 Why?

00:54:25.720 Do it today.

00:54:25.860 Do it today.

00:54:26.920 Do it tomorrow.

00:54:27.420 Do it tomorrow.

00:54:27.760 Do it today.

00:54:28.620 Do it today.

00:54:29.680 Do it tomorrow.

00:54:30.280 Let it be tomorrow.

00:54:32.380 Do it today.

00:54:32.580 Do it tomorrow.

00:54:33.060 Do you do it.

00:54:33.600 Do it tomorrow.

00:54:34.500 Okay?

00:54:35.200 Do it tomorrow.

00:54:36.340 Do it tomorrow.

00:54:36.520 Do it today.

Bannon's War Room - July 29, 2025

Episode 4668： How Do You Truly Fix Corruption

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