Bannon's War Room - September 25, 2025


Episode 4804: Looming Government Shutdown Can Lead To More Layoffs And Resurrection Of The Left's Bloody Legacy


Episode Stats

Length

54 minutes

Words per Minute

168.32701

Word Count

9,113

Sentence Count

701

Misogynist Sentences

7

Hate Speech Sentences

22


Summary

James Comey has been charged with a crime, but what exactly is he charged with? And what does that mean for the economy and the rest of the world? We talk about this, and much more, in this week's episode of the Bloomberg Economics podcast.


Transcript

00:00:00.000 Former FBI director and outspoken Trump critic James Comey is expected to be indicted by the
00:00:05.800 Department of Justice in the coming days. At this point, it's not even clear what Comey would be
00:00:10.900 charged with. Sources tell MSNBC that one component may be an allegation of lying to Congress almost
00:00:17.960 exactly five years ago during testimony about whether he authorized a leak. And that five-year
00:00:23.760 anniversary is actually quite important here. Comey's congressional testimony at issue was
00:00:28.260 September 30th, 2020, as you see, given there remotely, which means that the five-year statute
00:00:35.240 of limitations expires next Tuesday, September 30th, 2020. If this Department of Justice, the Trump
00:00:42.340 Department of Justice, wants to charge Comey with this dubious crime, well, it needs to do so before
00:00:47.740 then. Both Comey's lawyer and spokesperson for the U.S. Attorney's Office declined comment to MSNBC,
00:00:52.940 but this looks on its face like a wildly blatant abuse of the justice system, certainly far
00:00:59.020 exceeding anything that we have ever seen since Watergate, at least. It's the culmination of an
00:01:05.820 explicit in the open effort to use the Department of Justice to persecute and prosecute Trump's
00:01:13.180 political opponents and perceive them. A zombie democracy. And there's so many parallels. When you
00:01:20.160 talk about this, it's like Hungary. And again, Donald Trump told us, I love Orban. He's a strong man.
00:01:31.640 We need a leader like Orban. Well, looks like we might get one. Yeah, if you're waiting for,
00:01:39.100 you know, goose-stepping stormtroopers to go marching down Constitution Avenue, I don't think
00:01:45.260 that that's likely to happen. If you're looking for, you know, millions of people to be chanting
00:01:50.000 his name, it doesn't happen. As I wrote, people leave his rallies early when they get bored. No one
00:01:56.560 left the Nuremberg rallies early. So it's not the parallel to look for. The parallel is today. It's
00:02:03.960 it's in Hungary. It's in Venezuela. It's in Turkey. It's in India. It's democracies that erode that
00:02:10.340 don't collapse overnight, that erode. And what happens is, one by one, the checks on the leader's
00:02:17.540 power disappear or fold. Congress becomes a rubber stamp. That's happening. The civil service
00:02:27.120 has turned into a legion of toadies. Now, on the GDP side, this is our third time around the block
00:02:34.380 on Q2. And we see a really solid revision, 3.8%. I'm a bit shocked, to be honest. Usually,
00:02:42.500 the revisions, as you get to second and third, become smaller and smaller. So 3.8% would be the
00:02:47.560 best quarter going back to, and we have to go back a ways here, to 4.4. And that was the third
00:02:53.660 quarter of 23. Now, it is important to point out that if you look at the first quarter final,
00:02:59.660 down half a percent, there's a balance there. But the balance is moving in favor. Momentum is
00:03:04.920 moving in favor for better growth. I think, you know, one thing that stands out to me as someone
00:03:08.600 who is not as close to these types of issues as the two of you is with Trump so often, right,
00:03:13.840 like the chaos is the point. So he can publicly name and publicly shame and point fingers and get on
00:03:18.900 X and post whatever he wants. It's incredibly difficult for the average American
00:03:23.060 to keep up with, okay, this guy's in, this guy's out, this guy's indicted, Comey, what did he do
00:03:28.400 again, right? It all sort of collides together into this giant ball of chaos where what's happening
00:03:35.060 is ultimately despicable. But the average American, I think, has a very difficult time even discerning
00:03:40.320 what Trump is up to here. Kevin, how would you assess the macro story today?
00:03:45.060 Right. Well, the macro story right now is, first of all, that inflation has dropped sharply
00:03:50.100 since President Trump took office. Growth has been very high. We've got industrial production
00:03:56.240 at an all-time high. Capital spending up 8% so far this year. Mortgage rates are down in part
00:04:01.860 because of the tariff revenues down by about 70 basis points. So the typical new home buyer right
00:04:07.160 now is saving $250 a month because of the lower interest rates because of these policies. And the
00:04:12.480 thing when we go back and talk about the disappointing Fed policies that the president's talked about,
00:04:17.260 you know, one of the things that I've found odd, and Governor Myron has been talking about it,
00:04:22.540 is that economic theorists know that if tariffs have any effect on prices, that it'll be a one-time
00:04:28.360 adjustment, not an increase in inflation. And to have Austin Goolsbee and a lot of the other people
00:04:33.660 that are on the FOMC talking about how inflation is why they're being so restrictive is, you know,
00:04:40.540 contrary to fundamental economic policy, economic theory. And I think that Governor Myron is just
00:04:46.480 pointing that out. And I actually see watching the Fed people discuss inflation and tariffs over
00:04:52.620 the last few days, that they're moving towards the consensus, which is the economic consensus, that
00:04:57.340 if there were to be a price increase from tariffs, that it would not be inflationary. It would be a
00:05:02.820 one-time movement. And I think that's a good thing if you're optimistic about future rate cuts.
00:05:06.920 Rid of all the independent offices, whether it's inspectors general, prosecutors who are
00:05:13.400 independent, federal commissioners, for example, on the FCC, central bankers, federal reserve,
00:05:20.120 and you replace them with loyalists. And then society beyond government. And we shouldn't forget
00:05:26.760 about the courts. The lower courts seem to be acting as an independent judiciary. I'm a little worried
00:05:33.500 that the Supreme Court has become a kind of firewall for the administration whenever there is a real,
00:05:39.980 a direct legal threat to its power. And society itself begins to atrophy. Even the press,
00:05:47.000 we're here criticizing the administration. I don't think they're going to be coming in and hauling us
00:05:52.520 off to prison. But journalists start asking themselves, what will be the consequences of this
00:05:57.080 story? Are we going to get sued the way the New York Times is now facing a $16 billion utterly
00:06:03.120 frivolous lawsuit? Am I going to get investigated? Am I going to get named and abused publicly by the
00:06:10.540 president, which brings a lot of hurt onto me, perhaps my family? These questions start to gnaw.
00:06:18.520 And meanwhile, the major media are one by one falling under the control of the president's friends
00:06:24.180 until and which happened in Hungary until eventually, there's really not a whole lot of
00:06:28.780 independent media left some small outlets. So when I look, when you get beyond the days outrage to the
00:06:37.020 kind of cascading effect of all of these erosions of checks, you begin to think, what's the limit to
00:06:45.640 his power? For me, it's largely his attention span. So that describes authoritarianism, not the 20th
00:06:54.700 century version that we all grew up studying and fearful of, a modern version that is more boring,
00:07:01.900 more cynical, but to me just as dangerous because democracy has this blood in its system. And if you
00:07:09.740 cut off the blood flow, it starts to die. This is the primal scream of a dying regime.
00:07:20.180 Pray for our enemies, because we're going medieval on these people.
00:07:25.380 I got a free shot, all these networks lying about the people. The people have had a belly full of it.
00:07:31.560 I know you don't like hearing that. I know you try to do everything in the world to stop that,
00:07:34.760 but you're not going to stop it. It's going to happen.
00:07:36.740 And where do people like that go to share the big line? MAGA Media. I wish in my soul,
00:07:43.500 I wish that any of these people had a conscience. Ask yourself, what is my task and what is my purpose?
00:07:50.900 If that answer is to save my country, this country will be saved.
00:07:57.100 War Room. Here's your host, Stephen K. Bannon.
00:08:00.520 It's Thursday, 25 September in the year of our Lord, 2025. Our show today is absolutely packed.
00:08:11.340 We have Wade Miller on the government shutdown over from CRA. Sean Davis from The Federalist joins us
00:08:16.340 on just amazing articles talking about the political violence on the left. Rosemary Jenks
00:08:20.800 on the H-1B scam still continuing. We've got David Lynch who's written a magnificent book called
00:08:28.780 The World's Worst Bet About Globalization, Its Rise and Fall. David will join us in the second hour
00:08:34.120 as well as the Viceroy, Mike Davis, and then we're going to have Claire Dooley and Britt McHenry.
00:08:43.180 We're going to be live from the symposium where the roundtable is going to take all afternoon.
00:08:47.120 We're going to carry it on all of our platforms here in the War Room and REV, Britt McHenry,
00:08:52.400 a new reporter for them. It's going to be covered in R&V, and this should be back at 5.
00:08:59.600 So much going on, so I want to break it down in pieces, and then we'll tie it all together.
00:09:03.840 Let's go with the economy first. Joe LaVarniae from the Treasury Department joins us.
00:09:09.960 Joe, now we're restating. We found out that the Bureau of Labor Statistics has created a million
00:09:19.500 and a half jobs under Biden's watch that didn't exist. Now we're going back and recreating or
00:09:25.800 updating the GDP, and it's almost 4%. CNBC is like jaw dropped. It's 3.8% on the analysis of the last
00:09:36.600 quarter. The numbers are looking great, but people on the left are not happy. The mainstream media is
00:09:43.740 not happy because I think they're spinning the wrong numbers. Your assessment, sir?
00:09:49.260 Yes, Steve. The economy, the fourth quarter actually was revised down a bit, so you take that in the
00:09:55.060 downward revisions to employment under the prior administration, and the handoff to the president
00:10:00.280 was no way near as solid and robust as many had thought just a few months ago. But in the second
00:10:05.560 quarter, when the president was fully in office for the entire quarter, we grew 3.8%. It was led by
00:10:12.420 consumer spending. Consumer spending was running significantly faster than what was first reported,
00:10:16.620 up 2.5%. That's important, Steve, because I think there was excitement and optimism about the one big,
00:10:23.060 beautiful bill being passed, which is benefiting blue-collar workers and no tax on tips, overtime,
00:10:28.420 all those things now which are law and are being codified by IRS make people excited.
00:10:33.780 We just recently, Steve, got very strong retail sales data. Overlooked this morning are durable
00:10:39.120 goods orders, which are booming. That tells us third quarter is going to be running over 3%.
00:10:43.560 This golden era that the president has talked about is very much here. So these are
00:10:47.480 excellent numbers and very consistent with the president's messaging now for forever.
00:10:51.980 Okay. So Scott, our old colleague here would come on and talk about the big, beautiful bill. And
00:11:00.000 actually before he became secretary of the treasury for the years on here, and then when he was working
00:11:04.060 with President Trump on the campaign, said, this is our last shot to get a supply side tax cut that
00:11:08.700 really focuses on production, capital to drive the economy forward. The bet there was that we get to
00:11:14.700 three to three and a half percent. What does this tell us right now? Is the new target, I mean,
00:11:19.420 I think Scott said a couple of times, I think he even said it on the show and I think you might
00:11:22.540 say, Hey, you know, maybe get to 4%. What is your current assessment of treasury like third,
00:11:29.100 fourth quarter as you see it? Because the CapEx is just starting to kick in right now, correct?
00:11:34.400 People are just starting to build these facilities, plan the facilities, actually break ground on the
00:11:38.540 facilities, sir. And the first quarter CapEx grew over 21% and that's because the bill was designed
00:11:44.140 to make things retroactive. So companies excited about the Trump presidency already started to spend.
00:11:49.420 We grew over 8% in the second quarter. So the outlook is really strong. Productivity is
00:11:55.500 accelerating. Could we get to 4% growth? I mean, we had a big technological boom back in the late
00:12:01.240 nineties and you could argue what's happening now with all of President Trump's initiative
00:12:04.660 of encouraging foreign capital in with AI, crypto, all these potential newfangled innovations and
00:12:12.000 industries. Growth could be four. If we get to three, Steve, which people don't think is possible,
00:12:17.740 we've been poo-pooing that for a while, which was consistent with the first Trump term,
00:12:21.460 we're going to do wonderful things. And if we could get better than that, even better. But I think the
00:12:25.580 point is the economy's back. The president knows how to grow it and he's going to grow it, Steve,
00:12:30.860 in a way, and the secretary knows this as well, grow in a way that's going to work for average
00:12:35.960 working class Americans, people who've suffered disproportionately over the past four years.
00:12:41.020 It's improving their living standards by lowering the cost of goods and services and raising their
00:12:46.760 real and real wages.
00:12:51.200 Last thing, I know you got to bounce. Monetary policy, this is why we had Hassett on. Are we
00:12:58.180 getting to a plan where monetary policy could actually dovetail with fiscal policy and the
00:13:04.580 president's economic strategy so we can kind of all work together as one big happy family, sir?
00:13:11.020 You would think so, Steve. I mean, I heard Stephen's speech earlier in the week at the
00:13:15.380 New York Economics Club. It was excellent. Kevin Hassett repeated that inflation is not
00:13:19.940 driven by a potential one-off increase in the tariff level. So yes, if monetary policy
00:13:26.300 goes in the direction it's supposed to, and by the Fed's own admission, Steve, they say policy is
00:13:32.240 tight, the economy could do even better. And again, what we saw under President Trump's first term
00:13:37.480 is strong growth for everyday Americans in low and stable prices. There's no reason why it's not
00:13:43.800 going to happen again. And the data this morning reinforced that very key narrative.
00:13:51.180 Sir, what is your social media so folks can follow you?
00:13:54.240 Thank you, Steve. It is at Livornianomics. And of course, they could also link, there's a link
00:14:00.560 there also to follow the Treasury Secretary, of course. Yes, always, always get them to follow Scott.
00:14:07.800 Joe, thank you so much for taking time away. I know you're busy today. Thanks.
00:14:11.300 Thank you, Steve. Thanks again.
00:14:14.740 Monetary policy coming from the Federal Reserve, our central bank. Fiscal policy coming from the
00:14:19.940 administration. Folks, take your number two pencil out. Our called shots going to work here.
00:14:28.400 Old government shut down at midnight on the 30th, or I guess one minute after midnight could have run
00:14:34.400 out of money. Russ Vogt, OMB, the great Russ Vogt might have been thinking about this for a while.
00:14:42.520 Wade Miller from CRA joins us after a short commercial break.
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00:16:27.820 Hello, America's Voice family. Are you on Getter yet? No. What are you waiting for? It's free. It's
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00:16:59.820 Okay, welcome back. If you're on Getter, earlier, my next two guests, in fact, my next three guests,
00:17:06.600 Wade Miller at CRA. You've gotten all the reports, Politico and everything else. I put up a little
00:17:10.300 commentary about the shutdown. Sean Davis, the Federalist, on fire. I think the intellectual
00:17:17.020 center of gravity of the populist nationalist movement, incredible, incredible, incredible
00:17:23.180 pieces on this political violence. Of course, Rosemary Jenks on the H-1B scam that we'll all
00:17:31.140 get into. And then we've got, and this is, look, Erdogan's showing up today. It's supposed
00:17:37.620 to be 11. I'm sure it's going to be a little bit late. We've got Lynch, one of the top economic
00:17:43.480 reporters from the Washington Post, with an amazing book on the rise and fall of globalization
00:17:49.520 that is a must-read if you want to understand the whole history of it and the personalities and
00:17:55.220 everything that went on. So he'll be on. Mike Davis, we're going to try to get it all in.
00:18:01.080 When I talk about monitoring fiscal policy, is Lula coming to the White House? Maybe it's a phone
00:18:06.640 call next week. And somebody, can somebody, the president's staff, please give him Lula's speech
00:18:11.960 that Lula had right before the president walked up there because he's trashing all of President
00:18:16.180 Trump's policies. He's not a fan. He's not a fan. He's the bricks. That's why I go to
00:18:22.420 birchgold.com, promo code Bannon, end of the dollar empire, seven free installments already there,
00:18:28.360 walks you all the way through everything related to the dollars, the prime reserve currency,
00:18:33.240 why it's now a fiat currency, and why gold is a hedge for 5,000 years of mankind's history.
00:18:40.660 We're not here to sell you a fish. We're here to teach you how to fish. That's why we've done
00:18:46.180 this for the last four years. Gold's now, I don't know, it was over 3,800, backed off a little bit.
00:18:51.920 Check it out. Not the price. It's the process. So Wade Miller, I think the Democrats have now
00:18:59.840 walked into a trap they set for themselves, kind of, because they're arguing that unless President
00:19:05.900 Trump agrees, essentially, and Miller said this last night, I think over at Fox, unless the Republicans
00:19:11.680 agree and the president agrees to continue to fund illegal alien health care, health care for illegal
00:19:17.200 aliens, they're just not going to vote on anything and shut the government down. And I realize people
00:19:21.440 are out of town. But Russ Vogt has just ruined their dreams of chop blocking the Trump revolution by
00:19:32.640 saying, you know, this is very interesting because this really, you know, as OMB director, I think we
00:19:38.060 have essential and non-essential workers. And I think the agencies ought to be prepared for, quote,
00:19:43.940 mass firings, unquote. Brother Wade Miller, we got to get our hands around this fiscal policy.
00:19:51.800 You know, even the clean CR, House Freedom Caucus support it. We kind of said, hey,
00:19:55.980 if you got to do it, you got to do it because Russ Vogt's saying, I got rescissions, I got pocket
00:20:01.920 rescissions, I got impoundments, I'm going to start cutting away at this thing. But now we're talking
00:20:06.980 about mass firings. We're finally getting to what Doge kind of attempted to do. How real is this,
00:20:15.260 sir? Well, I think it's very real. And it's an amazing own goal by Democrats and a strategic
00:20:21.880 failure on their part. Republicans were basically ready to fund government at current levels.
00:20:27.520 And of course, that wasn't good enough for them. So they're heading towards the shutdown. And I don't
00:20:31.600 think that they really understood the mindset of the Trump administration towards woke, weaponized
00:20:39.600 and wasteful government. Because essentially, on September 30th, October 1st, there is no
00:20:45.740 appropriation in place. So, you know, in past shutdowns, presidents have decided to furlough. But
00:20:51.840 there's no requirement to furlough. The Trump administration can instead just start firing
00:20:58.360 large scale. Hang on, hang on, hang on, hang on, hang on, hang on, hang on. This is so key.
00:21:06.240 This is absolutely, this is what I say, this trap was set. In the past, you could kind of, and they
00:21:11.280 did, they kind of played footsie. That's why you just had a couple of park rangers that maybe took a
00:21:16.140 day off or something, right? This is totally, completely different. What Rose Vogt's saying,
00:21:22.340 hey, at midnight on the 30th, it runs out, baby. The new fiscal year starts at one in the morning,
00:21:28.200 on the, on the 1st of October, and we got no money. We have no appropriations. We have nothing. So
00:21:33.720 I've got to go to all non-essential workers. I'm not going to furlough them. I'm going to fire them.
00:21:40.320 Is that essentially Russ Vogt's plan? Well, yes. If there's no appropriation in place,
00:21:47.460 then the president of the United States has a significant amount of authority to eliminate
00:21:52.040 spending to comport with the lack of that appropriation, minus security, things that
00:21:59.840 are life-saving, national defense. But otherwise, the president has a broad amount of authority. And
00:22:06.240 if the president authorizes OMB Director Russ Vogt to put that plan in place, they can take a wrecking
00:22:13.880 ball to a lot of these bureaucracies that are unnecessary and are just elevating the debt,
00:22:20.540 serving no public purpose. So in that respect, just legally and statutorily, I don't understand
00:22:27.980 what the Democrats are thinking. And I'm kind of glad they're this inept.
00:22:35.860 Russ has always been very aggressive about this. Do you have a sense of the white, it seems from
00:22:42.560 Politico and these other stories, the White House, I mean, everybody's moving forward because Russ
00:22:46.700 is not a guy to get out over his skis. Do you anticipate now that this, because I think it's
00:22:53.680 technically too late to get everybody back together before the 30th, right? I think it's,
00:22:59.380 firstly, you have to do it a couple of days in advance, but I only think the house is back
00:23:02.820 until next week, right? So are we marching forward in unison?
00:23:08.560 They could call back. That's true. But you didn't think you got the Senate. I mean, there's no,
00:23:15.260 there's, yeah, but the Democrats have laid down that they're not prepared to back President Trump's
00:23:20.880 current plan, that it has to be, you know, healthcare for illegal aliens. So where do you
00:23:27.160 think we stand with the administration on actually doing, this is maximalist strategy. What do you think,
00:23:33.320 what do you think, what do you think the probability here is?
00:23:37.280 Well, Russ is one of the most loyal people I have ever met, and he truly believes that his job is to
00:23:42.320 serve the interests of the president, not his own agenda. So if Russ's vote is out there talking about
00:23:47.520 this, that tells me it's almost a certainty that the White House has approved this. It would be
00:23:53.500 extremely unlikely for Russ to ever do anything that he didn't think the president would support or
00:24:00.200 had authorized. So that tells me that this is a very likely outcome should a shutdown occur. And
00:24:07.640 look, the left can throw a hissy fit and say they're going to sue. But I don't understand from
00:24:12.380 a legal perspective how they would be able to stop in a shutdown, where there's no appropriation in
00:24:18.720 place, the firing of bureaucracies and bureaucrats that are unnecessary in a government shutdown scenario
00:24:28.220 that have nothing to do with national offense, life-saving measures or security apparatuses.
00:24:35.100 We've talked about on the show for the last couple of weeks, Russ has been signaling essential versus
00:24:39.660 non-essential, essential versus non-essential. Do you have any sense right now of the scale that
00:24:45.600 we're talking about?
00:24:47.880 I don't, but there's a lot of bureaucracies out there that I know that the president and other
00:24:54.420 cabinet secretaries, and remember, this is not just for us to vote. This would be all cabinet
00:24:58.980 secretaries tasked with identifying, weaponizing, wasteful bureaucracies within their areas of
00:25:04.600 responsibility. So it would be all hands on deck effort to identify. So my guess is it would be
00:25:09.740 significant.
00:25:13.300 Uh, Wade, where do you, uh, where do you go? By the way, I sat in my office in the West wing next to the
00:25:19.300 president or right next to the one down from the president with Russ vote, then deputy in May of
00:25:24.100 2017, and he whiteboarded out the waterfall, how cash came in on the debt ceiling. And also we were
00:25:30.060 heading towards a government, potential government shutdown in September. And Russ had thought it
00:25:35.020 through back then he's refined it. I mean, this guy, he is the perfect OMB pick, the perfect right hand
00:25:41.800 for the president. Uh, Wade, where do folks go to, um, find out more about CRA and also follow you on
00:25:48.880 social media? Cause you guys are on top of the story. Like nobody else. Sure. America renewing.com
00:25:54.640 is our website. Uh, and my social media handles on X is, uh, Wade Miller underscore USMC.
00:26:03.820 Thank you, brother. Appreciate you. Thanks for having me on. Okay. Prepare for Russ vote.
00:26:09.080 Russ vote's going to get eviscerated. He'll go front and center. It's his turn in the barrel
00:26:14.040 starting probably this afternoon with, uh, MSNBC and CNN, New York times, Washington post. This guy's
00:26:21.260 cruel. He's a Christian nationalist. He's this, he's that. Hey, they had every opportunity to work
00:26:28.340 with president Trump. And now they're saying, well, the, the, the, the logic last night on Stephanie
00:26:33.860 rule, they had this guy where the logic's worked against it because the president can't say, yo,
00:26:37.640 the Democrats came up with demands that the president said, there's no need to sit down. If
00:26:43.780 this is what you're demanding, you can't negotiate that. And you've said you're demanding it. So
00:26:49.400 no need to meet. Remember the fiscal part of this, we still have to get our arms around. It's still,
00:26:57.900 I believe too much of a Keynesian stimulus. Cause the deficit, I think on the 30th, as I've said,
00:27:04.780 I thought was 2 trillion. It's going to be 1.9. I think we could get to two if it's all
00:27:10.240 appropriately accounted for. You got to deal with that. That has to be dealt with. Russ has got a
00:27:16.080 plan for rescissions, pocket rescissions, impoundment, because the folks on Capitol Hill are not,
00:27:22.020 they're not equipped to deal with the problems. This is remember the whole single subject spending bills
00:27:27.320 and appropriations bills. We're here, we're here where we are. The best alternative. I know this
00:27:35.820 audience is wildly enthused about that as a CR that goes to 21st of November, 21 November.
00:27:42.380 That looks like that's not going to happen. Nobody's around. They're trying to call the
00:27:46.020 president's bluff and he's going to bring out the heavy siege guns. He's got Russ vote and Russ vote.
00:27:51.440 The brothers got a plan. And, uh, this is really going to take a meat ax to the administrative state
00:27:59.020 as Russ vote has thought this thing through for years and years and years. The folks over heritage
00:28:04.360 helped him with project 2025. Many people worked on this. So I kept telling you essential versus
00:28:10.700 non-essential and the, the lovers of big government over the democratic party are going to be shocked
00:28:17.980 of what's determined to be non-essential short break. The great Sean Davis and the Federalists next.
00:28:27.100 Hey, I realize you've got many choices when it comes to who you choose for your cell phone service,
00:28:31.700 and there are new ones popping up all the time, but here's the truth. There's only one that boldly
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00:29:35.560 War Room. Here's your host, Stephen K. Bannon.
00:29:42.080 When I talk about monetary and fiscal, you can get a primer on that. That's Birch Gold,
00:29:48.580 the end of the dollar empire. Promo code Bannon. Birch Gold, promo code Bannon. Thank you. Not
00:29:55.440 War Room, Bannon. That would be me. You can also text Bannon, B-A-N-N-O-N, at 989898 to get the
00:30:02.660 ultimate guide for investing in gold and precious metals in the age of Trump. It's a quick primer.
00:30:08.840 And of course, Birch Gold's got IRAs, 401k's tax-deferred. I guess some tax-free. Get all
00:30:15.780 the details from Philip Patrick and the team. And like I said, it's not about the extraordinary
00:30:23.240 run. It's about the process of how that happened and what it means for the future,
00:30:27.720 your future. So check it out today. Spend some time on this. You need to learn it yourself.
00:30:32.340 You shouldn't just have guys, oh, buy gold, buy gold, buy gold. You need to learn it yourself.
00:30:37.140 That's why we've done this. It's a lot of work went into it. And the response we've got is
00:30:40.380 amazing. You don't need to know math. You don't need to have taken any economics courses in college.
00:30:45.920 None of it. We made it totally accessible to the War Room Posse. And the feedback we've got is
00:30:50.320 extraordinary. Okay. Sean Davis. The Federalist. I want to first thank you. First of all, we have two
00:30:59.720 articles specifically, but the whole thing I want you to take. The two articles. One, you've got an
00:31:05.500 amazing article. Three more left-wing attacks follow Charlie Kirk's murder, which is really about
00:31:09.740 how the media is goading this on and is an active partner in this. It's extraordinary. Then you go
00:31:14.720 back with an amazing piece about the legacy of John Brown and how the left is using this. Andrew
00:31:21.520 Andrew Colvitt had a, on his Twitter feed, a handout of, at Georgetown University, of which I'm a
00:31:31.240 graduate of, that had, hey, catch this fascist, right, about the bullet. That's one of the things
00:31:37.240 on the bullet that assassinated Charlie Kirk. And it's put out by the John Brown, I guess, John Brown
00:31:42.140 Society or some new society. First of all, I want to thank you. You've been the intellectual
00:31:47.060 center, your site, The Federalist, with so many amazing articles every day from just top-line
00:31:55.320 thinkers and writers that if we didn't have you right now in this movement, I don't know where
00:32:00.260 we'd be. I point people to The Federalist all the time because you provide the intellectual
00:32:04.580 kind of framework of the fight that we're in. And it's a fight. So, Sean Davis, can you talk to
00:32:11.100 those two pieces then overall this moment in American history and where we are?
00:32:18.300 Yeah, so we had two great pieces. The first was from John Davidson looking at the terrorist legacy
00:32:23.480 of John Brown. And make no mistake, John Brown was a terrorist. He went and butchered innocent people
00:32:28.280 in the cause of abolition, you know, which is a good cause. But the definition of terrorism
00:32:34.060 is using violence against noncombatants in order to bring about political change. It's not guerrilla
00:32:40.960 warfare. It's not conventional warfare. It's killing innocent people to terrify a populace into doing
00:32:46.560 what you want them to do. That's what John Brown did. And now John Brown has become something of a
00:32:53.460 an icon for these these ugly gay communists who style themselves as anti-fascists. They've decided that
00:33:01.580 they're, you know, they're not the communists going out and murdering people in the street
00:33:05.680 for Marxist ideals. No, they have in their heads this idea that they're just trying to go and
00:33:11.780 free the slaves. And therefore, just like John Brown thought, they can do anything they want.
00:33:15.680 They can kill anyone they want. They can perpetrate any violence they want to whatever ends they want.
00:33:21.160 And then the second article we had was a spectacular one from Breck and Tease about all of the additional
00:33:27.020 left-wing terrorist attacks we've had since Charlie Kirk was murdered.
00:33:30.080 I believe our headline was that there were three terrorist attacks. I think we can add a fourth
00:33:34.700 because I think there were a bunch of terrorists who went and shot a Little League coach while he
00:33:38.460 was praying last night or the day before. And, you know, I like hearing what I'm hearing from the
00:33:45.160 administration about, you know, they're calling the terrorists what they are. They're calling the
00:33:50.340 violence what it is. I kind of think the time for talk is over. It's been two weeks, two weeks and a
00:33:56.840 day since Charlie was killed. The time for talk is over. The time to roll up these terrorist Antifa
00:34:03.080 networks that are out there openly calling for and executing violence on us. The time for that
00:34:08.280 nonsense is over. So, like, they need to get cracking and quit talking because lives are at stake.
00:34:13.460 Our lives are at stake. And we can't stand for this nonsense anymore.
00:34:17.120 The president had to put out a tweet or a true social last week directed to Pam to say, hey, look,
00:34:25.400 I don't know what's happening here, but you got Brennan and these guys on TV still doing smack talk and
00:34:30.900 they all should be in prison. What's happening? And a part of that was driven, I think, by Comey
00:34:35.520 not being indicted in the in the statute of limitations running out next week. We know that
00:34:41.120 the FBI has now designated these training, these transgender militias, these radical and trust me,
00:34:47.420 they are radical, violent militias, NVEs, nihilistic, violent extremists. In the categorization,
00:34:55.400 it gives them a broader range of things to go after. Also, we designated Antifa on on Monday,
00:35:01.620 President Trump coming back from Charlie Kirk's commemoration or funeral service, however you want
00:35:06.800 to call it, saying, hey, where is this thing to designate Antifa terrorist organization, which
00:35:11.560 which gives you a broad toolbox, not just to go after the first level of the of the of the front
00:35:18.020 men and the guys in the black block and all that crowd, but the second tier of people that train
00:35:22.060 them. Many of those come from the United States military. Just got to understand that. And from
00:35:26.700 our national security apparatus and from the intelligence apparatus. And then the most important
00:35:31.540 is all the foundations that give money. All the media works with the partners and all the
00:35:36.260 billionaires, the sources and all those guys throughout the world that finance this crap.
00:35:41.020 What do you anticipate? You say it's time to talk over. Do you know, we had Glenn Youngkin last
00:35:47.660 night filling in for Charlie and Megyn Kelly. Is is that aspect of what Charlie was trying to do
00:35:53.820 over? Are you saying, hey, on a on a macro level, we got to throw the we got to throw the gauntlet
00:35:59.440 down and stop putting up with this crap? Yeah, and I actually think Trump needs to go a step
00:36:04.520 further. I think it's great that he's designated Antifa and all the little tentacles from that is
00:36:10.340 domestic terrorist organizations. I actually think there's more than enough evidence and
00:36:14.640 information to actually designate them as foreign terrorist organizations, because that opens up an
00:36:20.320 even bigger and more powerful toolbox. We know they get a lot of their money from overseas. We know
00:36:25.100 they get a lot of organization and help from Germany, from within Europe. So I think Trump needs to go
00:36:31.500 even further and treat them as the not just domestic, but foreign funded and organized
00:36:36.420 terrorist organizations that they are. We're looking at an ISIS equivalent. We're looking at
00:36:41.480 people who are highly organized. They operate in cells. They all have the same goals. They're trained,
00:36:47.860 whether it's by former U.S. military or foreign military, to go out and perpetrate violence.
00:36:53.320 They need to go and they need to be crushed. And I think that means going and doing raids on these
00:36:57.940 people who are trying to seize and run sieges against federal courthouses, against federal
00:37:03.420 buildings. These are terrorist organizations. We need to treat them like we treated Al-Qaeda
00:37:08.520 and ISIS and every other group out there. It's not enough just to have executive orders. We actually
00:37:15.360 need to have people going after them, hauling them in, taking them off the streets. And most importantly,
00:37:20.660 they need to have their, their financing networks absolutely destroyed.
00:37:27.000 You're going to see people that were either former government officials are in the government today.
00:37:31.180 You're going to see financiers, all of it, media, politicians, all of it. This way you got to go
00:37:36.160 start kicking down some doors. I could not agree with you more. Sean Davis, last thing,
00:37:41.360 the pressure on federalists to crush the federalists and to get you, get you guys shut down. How
00:37:46.400 intense is it, sir? Oh, it's, it's extremely intense. There has been a, uh, extremely well
00:37:52.620 coordinated and financed operation coming after us really since we, we began, uh, uncovering the
00:37:58.740 Russia hoax. Um, but it was kicked into overdrive and in February of 2021, Facebook worked to crush us.
00:38:05.400 Google worked to crush us. YouTube made sure nobody ever saw our videos. None of them have, have
00:38:10.400 apologized. None of them have offered restitution. It's the kind of thing that cost us millions and
00:38:15.320 millions and millions of dollars. As you know, running a media organization, uh, to, to tell
00:38:21.240 the truth and to go against the left is not a cheap, uh, thing. It costs money. We have to hire
00:38:26.060 people. We have to hire editors and the entire left-wing movement, uh, the entire Democrat power
00:38:31.640 apparatus, uh, has been focused on, on crushing us. We're not going anywhere, but, but my goodness is,
00:38:37.760 uh, is it a fight trying to just stay alive when you have all of the forces of evil in this world
00:38:42.780 trying to crush you. Sean Davis, where should people go right now to follow you on social media
00:38:49.660 and where they go get the Federalist folks, you got to make this part of your media diet
00:38:53.300 every morning. It's the intellectual kind of framing mechanism we have where they go, Sean.
00:39:00.080 Thank you, sir. They should go to the federalist.com. We're actually running a matching campaign right
00:39:04.660 now. So every dollar people put in up to a hundred thousand dollars, uh, we've had a donor who will
00:39:09.460 match it dollar for dollar. Uh, it's really important for us to get that kind of support.
00:39:13.460 And then number two, they can find me on X at Sean M D A V S E A N M D A V.
00:39:23.440 Sean Davis. Thank you so much. Keep the fight, man.
00:39:26.800 Thank you, sir.
00:39:29.800 Incredible. This is very dangerous. He's a hundred percent correct. This is terrorism.
00:39:33.440 I'll get more information. They shot that, the little league coach shouting, praying.
00:39:41.440 I think there's going to be some announced, supposed to be a news conference this afternoon
00:39:44.780 about the, about what happened down in Dallas. Once again, like in a, you know, a progressive
00:39:50.320 mother, you know, uh, babying these grown men and what they do to go out there and shooting
00:39:58.280 people with high powered rifles is snipers. And then because they're, they have such great
00:40:03.840 backgrounds in, uh, you know, in, um, in religion and the Judeo Christian West, they commit suicide.
00:40:10.200 They shoot themselves. It's a fine mess they made, but that doesn't have to destroy the United
00:40:16.640 States of America. You're having a color revolution run on you. And there are people standing up saying,
00:40:22.960 we've had enough and we're not going to tolerate it. And I don't care how much the mainstream media,
00:40:27.540 there's nothing to talk about. This is not a debate anymore. All they're doing in the media is
00:40:33.360 pushing this saying, Oh, Trump's an authoritarian. Trump said, fine, say what you want. It's time to
00:40:38.600 shut it down. You've got the tools. I agree with the foreign, the major terrorism to get more,
00:40:44.460 get more tools, but shut it down. Let's start kicking down some doors. FBI was pretty, they kicked
00:40:50.940 down doors on the abortion people. We got a bunch of grandmothers in prison. I know because in my prison
00:40:56.680 and I went into camp and the prison I was in the unbelievably, the holiest people I've ever met
00:41:02.160 folks in their sixties and seventies, because they prayed the rosary outside of an abortion
00:41:07.440 clinic and they're in a federal prison doors kicked down by the FBI. Merrick Garland sent him to prison.
00:41:12.000 Why is Merrick Garland not in prison? Why is Lisa Monaco? Well, she's at Microsoft,
00:41:17.160 the general care. Why is she not in prison? It's time to take the gloves off and stop screwing around
00:41:22.740 with this. Let's get on with it. And you can see, don't take it from me. Do not take it from me.
00:41:28.020 The frustration of president Trump, when he's got to send a public message to his attorney general,
00:41:32.380 like get off, you know, I need some action here. And first off Halligan, he installed an Eastern
00:41:39.280 district and Hey, I guess she's bringing the indictment on, on Comey. Although last night during
00:41:45.820 Lawrence O'Donnell, they said there's an eternal memo now coming from three career prosecutors. No,
00:41:51.100 you can't do it. It's not going to hold up in court, et cetera, et cetera. Rosemary Jenks.
00:41:56.120 We've got about a minute, a minute and a half here. I'm going to hold you through the break.
00:41:59.560 H1Bs and particularly Senator Grassley, where do we stand with this mess that Howard Ludnick
00:42:04.860 didn't explain kind of misled the president, misled the country, misled wall street,
00:42:09.600 midless misled folks in India. Uh, give me a minute on this before we go to break and I'll bring you back.
00:42:15.940 Yeah. Senator Grassley is exactly right. The only way, and he didn't actually connect these in his
00:42:22.480 tweet, but the only way that, uh, secretary Ludnick's plan works is if you end OPT because
00:42:29.360 the fee for the a hundred thousand dollar fee does not apply to people who are in the country and adjust
00:42:37.060 from one status to another. And the most common is from OPT to H1B. So all the Microsofts and Amazons
00:42:45.200 and, and all of those are going to use that in country adjustment to avoid the fee. Okay.
00:42:51.840 The only people will be paying it will be the body shops unless you get rid of OPT.
00:42:57.100 Yes. Ludnick, you're a sleazy bond salesman and that might've worked when you're at your sleazy
00:43:05.700 bucket shop selling, uh, uh, these, uh, crappy bonds to the unsuspecting, but it don't work here.
00:43:14.700 You've lied and tried to sell a bill of goods to the president, the United States and the American
00:43:20.660 people. And it is unacceptable. And you are unacceptable. It's a clown show. So we're
00:43:29.620 going to break it all down for you. And thank God for Senator Grassley. Short break.
00:43:35.580 What if he had the brightest mind in the war room, delivering critical financial research every month?
00:43:41.760 Steve Bannon here. War room listeners know Jim Rickards. I love this guy. He's our wise man,
00:43:47.140 a former CIA Pentagon and white house advisor with an unmatched grasp of geopolitics and capital
00:43:52.860 markets. Jim predicted Trump's electoral college victory, exactly three 12 to two 26 down to the
00:44:00.780 actual number itself. Now he's issuing a dire warning about April 11th, a moment that could define
00:44:07.700 Trump's presidency in your financial future. His latest book money GPT exposes how AI is setting the
00:44:15.080 stage for financial chaos. Bank runs at lightning speeds, algorithm driven crashes, and even threats
00:44:21.440 to national security. Right now, war room members get a free copy of money GPT when they sign up for
00:44:27.480 strategic intelligence. This is Jim's flagship financial newsletter, strategic intelligence.
00:44:33.800 I read it. You should read it. Time is running out. Go to Rickards, war room.com. That's all one
00:44:39.320 word. Rickards, war rooms, Rickards with an S go now and claim your free book. That's
00:44:44.800 Rickards, war room.com. Do it today.
00:44:49.520 Here's your host, Stephen K.
00:44:51.600 By the way, you know, I had, we had Pat Velosky on last night and, um, um, Chris, because of this
00:45:02.100 YouTube and Google thing. And remember here in the world, we want to break up Google.
00:45:05.640 We don't want to work with it. We want to break it up. We built one of the most largest and most
00:45:10.120 powerful shows in all media and we're banned everywhere on all the big platforms. I had
00:45:17.960 that happen. It was real America's voice and, uh, our ability and grace and our ability just
00:45:22.720 to get the content and you as force multipliers. Well, YouTube, oh, we're going to let Bongino
00:45:27.860 ban it back on. I said, Hey, F you zero interest. I think the report is Alex Jones and Nick Fuentes
00:45:34.960 has actually put up YouTube channels last night. Guess what? Taken down right away.
00:45:39.600 That's what Pavlosky is telling me or showing me. Unbelievable. Uh, Rosemary Jenks. This was
00:45:45.220 a bait and switch. It's a bait and switch. The reason is Reed Hastings and all these guys
00:45:50.320 at Netflix, all the big shots are coming out saying this is wonderful. It's a solution.
00:45:53.880 So if those demons like it, you know, it's bad. H one B visas are a total and complete scam.
00:46:00.920 And it's an insult to the kids and young men and women that went through all the training,
00:46:06.960 everything to say that their foreign workers better than not better. No one's ever showed
00:46:11.140 me one billet that didn't, we didn't have the education and the job experience to do. It
00:46:16.080 is a scam to destroy American workers by big corporations and the oligarchs whose greed is
00:46:22.940 unlimited, unbound. What they want is to pay people slave wages and have them live as indentured
00:46:29.420 servants. It's not acceptable. And we are going to get this program shut down. Now talk about the
00:46:35.400 loop. First off, he lied about everything in the oval office. If any other guy had ever done it,
00:46:40.460 be fired immediately. This is not a tiny program and it's not a small issue. It's a central issue
00:46:45.900 for American citizens. And he sits in the oval and just lies. Oh, it's an annual thing. All this
00:46:52.500 money we're going to generate to shut the deficit, just bald face lies. This is not a miss. This is a
00:46:57.840 bald face lie. Then the most important part is OPT. Tell people what that terminology means.
00:47:03.960 What's the concept and why is it they're sneaky? It's Lutnik's sneaky workaround here with his
00:47:09.500 corporate buddies in Silicon Valley, ma'am. So OPT stands for optional practical training,
00:47:16.860 and it is a scheme that was cooked up under W. Bush to allow foreign students, once they've graduated,
00:47:24.180 to remain in the United States and take a job. They don't have to pay FICA taxes. The employer
00:47:31.320 doesn't have to pay FICA taxes for them. So that's basically a 7.5% discount for employers to hire them
00:47:38.620 over American students. And then Obama actually expanded the program for STEM OPT to three years
00:47:49.460 instead of one year. So these foreign students get three years at a discount for the employer
00:47:54.880 to essentially find an employer to sponsor them for an H-1B. And since they're already in the country,
00:48:01.180 they're not going to have to pay this fee. Now, I'm going to step out of bounds here, Steve,
00:48:06.660 and say that I don't actually believe that Secretary Lutnik was lying. I think that he doesn't
00:48:13.680 understand immigration law. And I think he probably believes everything he said, or at least did,
00:48:20.140 but... Okay, hold it. Hang on. Hang on. Hang on. Okay, fine. I say he should be fired for lying.
00:48:26.400 You say he should be fired for being a moron because the Commerce Secretary doesn't understand. This is
00:48:31.360 not esoteric. This is central. And that's why knowing Lutnik and knowing what a sleazy bond salesman he was,
00:48:39.220 right? This is the kind of bait and switch he does. But look, I'll go with you. Let's say he
00:48:43.620 wasn't lying. But if this is the case, he's too dumb to be the Commerce Secretary. So pick it. He's
00:48:49.260 either a liar and should be fired, or he's too dumb and should be fired. Either way, he tried to screw
00:48:54.680 and he's screwing American workers. Is he not, ma'am? You know, I don't think that is his intention.
00:49:02.840 I think the H-1B program needs to be eliminated, full stop. I think he is trying to make it
00:49:10.720 microscopically better, but it's not going to work. And it's not going to work because of the
00:49:18.220 complexities of immigration law. And, you know, I don't think he included the Department of Homeland
00:49:23.940 Security in coming up with this order, or the gold card order for that matter. And the fact is,
00:49:31.820 they're just not going to work because of how complicated the law is and how many workarounds
00:49:37.740 there are for these big employers who don't want to pay a fee, don't want to hire Americans,
00:49:43.500 and can get away with it still under this order.
00:49:49.580 You see what a nice person and a good person, Rosemary Jenks is? You're a good person. You're
00:49:54.320 a nice person. But you damned him so... By the way, the gold card's not right. He didn't talk to...
00:50:00.200 You didn't include DHS. It's got to be central. Listen, here's the bottom line. The bottom line
00:50:08.300 is that people like yourself, they go about it very methodically and don't get all worked up and
00:50:14.280 say, hey, no, this is where you're wrong, bing, bing, bing. And Senator Grassley, who's an old war
00:50:18.520 horse and from Iowa and has got that kind of common sense out there in the great heartland of this
00:50:23.240 nation, right? You guys think the students say, hey, neither one of these work. They're not even
00:50:28.440 close to coordinating with existing law. But more importantly, they're just kind of all workarounds.
00:50:34.220 When Reed Hastings comes out, Reed Hastings, who hates the president of the United States
00:50:39.000 more than anything, when he comes out and says, yeah, I think this is great. It's really going to work.
00:50:43.420 You know that the big shots in Silicon Valley, it works for them.
00:50:47.480 So what's your recommendation now, how we get this shut down, particularly backing Senator Grassley
00:50:52.880 and what he's doing, ma'am? Well, so we need to stop OPT. And because it was created by Executive
00:50:59.460 Fiat, the administration can stop it dead in its tracks today. Just a stroke of the pen can stop
00:51:05.460 OPT. But more importantly, we've got to eliminate H-1B. And by the way, I don't know if you have seen
00:51:12.500 this, but Senator Banks has introduced a bill that doesn't end H-1B, but it does eliminate OPT.
00:51:19.860 It raises the base salary for H-1B to $150,000, which is almost double its current salary.
00:51:29.500 It makes a lot of changes that would make a big difference and would definitely cut out the body
00:51:34.340 shops and the people who abuse it most. So that's a step, but we need to eliminate it.
00:51:40.100 Ma'am, you're fantastic. I'm going to send everybody to your site so they can get
00:51:46.180 up to speed on this. Where do they go, Rosemary? Social media and your site.
00:51:51.040 IAProject.org is our website, our Twitter account. Just look for Immigration Accountability
00:51:56.240 Project. You'll find us on X, on YouTube, on everything. We haven't been banned yet,
00:52:02.000 but we're working on it.
00:52:02.920 You're a happy warrior and a good person and a decent person. So thank you so much for coming
00:52:09.980 on. Dave Bratt, by the way, is on our board. Folks, think about where we were at the fight
00:52:15.840 with Elon back in the... Hey, trust the process. We're getting there. Eliminate this scam, all
00:52:22.880 of it. Stop taking jobs away from American kids, men and women who have worked their entire
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